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
₽ 116000
per

Your estimated
City
free-cash

Dresden , Germany
₽29764
₽48883
₽37581
₽40291
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
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.

-
-
-
30 131
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.

-
-
-
1 658
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.

-
-
-
6 502
trade
-
-
-
11 302
total
-
-
-
49 593
Employee

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

36 400
-
116 000
-
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.

56
-
1 658
-
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.

1 017
-
30 131
-
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.

6 502
-
6 502
-
total
7 575
-
38 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 600
116 000
-
-
income
11 939
17 401
-
-
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.

657
957
-
-
chamber of commerce
258
311
-
-
trade
12 537
18 270
-
-
total
25 391
36 939
-
-
Dividends
54 207
79 062
-
-
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.

726
1 067
-
-
withholding
13 191
19 404
-
-
total
13 917
20 471
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 883
57 410
38 291
49 593
After tax
69 117
58 590
77 709
66 407
Living cost
28 826
28 826
28 826
28 826
Free-cash
40 291
29 764
48 883
37 581

Estimated living cost  is ₽28826 per week

₽18132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21422
₽19486
₽18575
₽20575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
1 247
municipal
-
-
-
12 275
national
-
-
-
19 021
pensions
-
-
-
13 920
total
-
-
-
46 463
Employee
79 000
-
100 281
-
municipal
9 758
-
12 724
-
pensions
3 160
-
4 011
-
national
15 121
-
19 717
-
total
28 039
-
36 452
-
Employer
79 000
-
100 281
-
pensions
6 320
-
8 022
-
social contributions
849
-
1 078
-
total
7 169
-
9 100
-
Corporate
24 616
116 000
-
-
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%.

4 923
23 200
-
-
total
4 923
23 200
-
-
Dividends
19 693
92 800
-
-
withholding
4 332
20 416
-
-
total
4 332
20 416
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 463
43 616
45 552
46 463
After tax
71 537
72 384
70 448
69 537
Living cost
50 962
50 962
50 962
50 962
Free-cash
20 575
21 422
19 486
18 575

Estimated living cost  is ₽50962 per week

₽34638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4737
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.
₽10824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73001
₽45347
₽12948
₽65195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
17 209
surtax
-
-
-
29 581
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.

-
-
-
36 463
microenterprise
-
-
-
-
total
-
-
-
83 253
Employee
27 809
-
93 481
-
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.

3 059
-
10 283
-
income
4 950
-
18 052
-
total
8 009
-
28 335
-
Employer
27 809
-
93 481
-
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.

6 698
-
22 519
-
surtax
-
-
-
-
total
6 698
-
22 519
-
Corporate
81 493
116 000
-
-
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%.

16 299
23 200
-
-
total
16 299
23 200
-
-
Dividends

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

65 194
92 800
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
31 006
23 200
50 854
83 253
After tax
84 994
92 800
65 146
32 747
Living cost
19 799
19 799
19 799
19 799
Free-cash
65 195
73 001
45 347
12 948

Estimated living cost  is ₽19799 per week

₽12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16793
₽22790
₽26715
₽10964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
26 533
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
49 418
Employee
81 270
81 270
98 715
-
pensions
14 629
11 150
11 150
-
income

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

13 303
13 303
13 303
-
health
12 474
10 610
11 605
-
total
40 406
35 063
36 058
-
Employer
81 270
81 270
98 715
-
health
5 649
5 649
6 861
-
pensions
5 656
5 656
6 870
-
unemployment
2 926
2 926
3 554
-
total
14 231
14 231
17 285
-
Corporate
21 495
20 499
-
-
income
4 298
4 100
-
-
total
4 298
4 100
-
-
Dividends
17 197
16 399
-
-
income
3 655
3 486
-
-
withholding
2 579
2 460
-
-
total
6 234
5 946
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 169
59 340
53 343
49 418
After tax
50 831
56 660
62 657
66 582
Living cost
39 868
39 868
39 868
39 868
Free-cash
10 964
16 793
22 790
26 715

Estimated living cost  is ₽39868 per week

₽28253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24414
₽21946
₽22995
₽23540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
171
other
-
-
-
9 912
unemployment
-
-
-
85
health
-
-
-
5 323
municipal
-
-
-
27 222
national
-
-
-
2 149
pensions
-
-
-
9 221
total
-
-
-
54 083
Employee
55 460
-
89 198
-
municipal
16 538
-
26 599
-
national
-
-
1 731
-
total
16 538
-
28 330
-
Employer
55 460
-
89 198
-
health
3 411
-
5 246
-
pensions
5 995
-
9 221
-
accident
111
-
171
-
unemployment
1 464
-
2 252
-
other
6 445
-
9 912
-
total
17 426
-
26 802
-
Corporate
43 114
116 000
-
-
income
9 485
25 520
-
-
total
9 485
25 520
-
-
Dividends
33 629
90 480
-
-
withholding
10 089
27 144
-
-
total
10 089
27 144
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 538
52 664
55 132
54 083
After tax
62 462
63 336
60 868
61 917
Living cost
38 922
38 922
38 922
38 922
Free-cash
23 540
24 414
21 946
22 995

Estimated living cost  is ₽38922 per week

₽25796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20607
₽40323
₽28519
₽33981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
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.

-
-
-
30 131
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.

-
-
-
1 658
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.

-
-
-
6 502
trade
-
-
-
11 804
total
-
-
-
50 095
Employee

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

48 262
-
116 000
-
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.

228
-
1 658
-
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.

4 147
-
30 131
-
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.

6 502
-
6 502
-
total
10 877
-
38 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 738
116 000
-
-
income
10 161
17 401
-
-
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.

558
957
-
-
chamber of commerce
240
309
-
-
trade
11 143
19 082
-
-
total
22 102
37 749
-
-
Dividends
45 636
78 251
-
-
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.

607
1 057
-
-
withholding
11 047
19 201
-
-
total
11 654
20 258
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 633
58 007
38 291
50 095
After tax
71 367
57 993
77 709
65 905
Living cost
37 386
37 386
37 386
37 386
Free-cash
33 981
20 607
40 323
28 519

Estimated living cost  is ₽37386 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53921
₽49219
₽50468
₽49976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
16 308
social contributions
-
-
-
15 398
health
-
-
-
2 958
total
-
-
-
34 664
Employee
73 180
73 180
105 850
-
social contributions
3 556
6 074
8 192
-
income
7 685
6 774
15 772
-
health
728
1 244
1 799
-
total
11 969
14 092
25 763
-
Employer
73 180
73 180
105 850
-
health
793
1 355
1 958
-
social contributions
3 556
6 074
8 192
-
total
4 349
7 429
10 150
-
Corporate
68 815
35 392
-
-
income
8 602
4 425
-
-
total
8 602
4 425
-
-
Dividends
60 213
30 967
-
-
withholding
10 236
5 265
-
-
total
10 236
5 265
-
-
Income
116 000
116 000
116 000
116 000
Total tax
35 156
31 211
35 913
34 664
After tax
80 844
84 789
80 087
81 336
Living cost
30 868
30 868
30 868
30 868
Free-cash
49 976
53 921
49 219
50 468

Estimated living cost  is ₽30868 per week

₽21101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47894
₽49868
₽62981
₽48256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
14 181
unemployment
-
-
-
1 740
health
-
-
-
8 120
pensions
-
-
-
11 600
total
-
-
-
35 641
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.

25 086
9 984
97 071
-
unemployment
376
150
1 456
-
pensions
2 509
998
9 707
-
income
3 067
1 221
11 867
-
health
1 756
699
6 795
-
total
7 708
3 068
29 825
-
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.

25 086
9 984
97 071
-
pensions
4 892
1 947
18 929
-
total
4 892
1 947
18 929
-
Corporate
86 022
104 069
-
-
income
7 742
9 366
-
-
total
7 742
9 366
-
-
Dividends
78 280
94 703
-
-
social contributions
15 151
18 353
-
-
withholding
14 873
17 994
-
-
total
30 024
36 347
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 366
50 728
48 754
35 641
After tax
65 634
65 272
67 246
80 359
Living cost
17 378
17 378
17 378
17 378
Free-cash
48 256
47 894
49 868
62 981

Estimated living cost  is ₽17378 per week

₽11859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69813
₽43873
₽39189
₽63899
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
15 544
health
-
-
-
15 080
pensions
-
-
-
23 200
total
-
-
-
53 824
Employee
26 998
-
86 696
-
unemployment
432
-
1 387
-
pensions
540
-
1 734
-
income
3 040
-
16 715
-
total
4 012
-
19 836
-
Employer
26 998
-
86 696
-
health
3 509
-
11 271
-
pensions
5 400
-
17 339
-
unemployment
217
-
694
-
total
9 126
-
29 304
-
Corporate
79 876
116 000
-
-
income
15 976
23 200
-
-
total
15 976
23 200
-
-
Dividends
63 900
92 800
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
29 114
23 200
49 140
53 824
After tax
86 886
92 800
66 860
62 176
Living cost
22 987
22 987
22 987
22 987
Free-cash
63 899
69 813
43 873
39 189

Estimated living cost  is ₽22987 per week

₽15766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11768
₽39968
₽58326
₽6149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
243
income
-
-
-
29 809
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
36 510
Employee
33 292
-
101 231
-
pensions
3 749
-
7 339
-
income
4 567
-
21 169
-
health
3 812
-
11 591
-
total
12 128
-
40 099
-
Employer
33 292
-
101 231
-
pensions
5 413
-
10 598
-
accident
556
-
1 691
-
unemployment
816
-
2 480
-
total
6 785
-
14 769
-
Corporate
75 923
116 000
-
-
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.

68 331
104 400
-
-
total
68 331
104 400
-
-
Dividends
7 592
11 600
-
-
withholding
1 443
2 204
-
-
total
1 443
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
88 687
106 604
54 868
36 510
After tax
27 313
9 396
61 132
79 490
Living cost
21 164
21 164
21 164
21 164
Free-cash
6 149
-11 768
39 968
58 326

Estimated living cost  is ₽21164 per week

₽15511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102365
₽84965
₽107005
₽100896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
116 000
microenterprise

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

-
-
-
1 160
total
-
-
-
1 160
Employee
9 794
-
116 000
-
income
1 958
-
23 200
-
total
1 958
-
23 200
-
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%.

106 206
116 000
-
-
total
-
-
-
-
Dividends
106 206
116 000
-
-
withholding
5 311
5 800
-
-
total
5 311
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
7 269
5 800
23 200
1 160
After tax
108 731
110 200
92 800
114 840
Living cost
7 835
7 835
7 835
7 835
Free-cash
100 896
102 365
84 965
107 005

Estimated living cost  is ₽7835 per week

₽4856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59867
₽41630
₽36827
₽53440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
15 360
other
-
-
-
5 510
health
-
-
-
5 104
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.

-
-
-
27 840
total
-
-
-
53 814
Employee
34 555
-
92 654
-
unemployment
345
-
926
-
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.

2 418
-
6 485
-
income
5 949
-
16 958
-
health
484
-
1 297
-
total
9 196
-
25 666
-
Employer
34 555
-
92 654
-
health
484
-
1 297
-
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.

5 875
-
15 750
-
accident
276
-
740
-
unemployment
345
-
926
-
other
1 728
-
4 632
-
total
8 708
-
23 345
-
Corporate
72 737
116 000
-
-
income
15 275
24 359
-
-
total
15 275
24 359
-
-
Dividends
57 462
91 641
-
-
withholding
4 022
6 415
-
-
total
4 022
6 415
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 201
30 774
49 011
53 814
After tax
78 799
85 226
66 989
62 186
Living cost
25 359
25 359
25 359
25 359
Free-cash
53 440
59 867
41 630
36 827

Estimated living cost  is ₽25359 per week

₽17917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
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.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18179
₽6743
₽17519
₽10743
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
27 797
pensions
-
-
-
7 492
total
-
-
-
35 289
Employee
89 407
-
101 798
-
pensions
8 625
-
9 585
-
income
16 117
-
20 609
-
health
1 473
-
1 671
-
total
26 215
-
31 865
-
Employer
89 407
-
101 798
-
health
1 698
-
1 933
-
pensions
10 556
-
12 267
-
total
12 254
-
14 200
-
Corporate
14 339
116 000
-
-
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.

2 724
22 041
-
-
total
2 724
22 041
-
-
Dividends
11 615
93 959
-
-
withholding
872
12 588
-
-
total
872
12 588
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 065
34 629
46 065
35 289
After tax
73 935
81 371
69 935
80 711
Living cost
63 192
63 192
63 192
63 192
Free-cash
10 743
18 179
6 743
17 519

Estimated living cost  is ₽63192 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽86704
₽81242
₽77250
₽82284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
17 400
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
26 274
Employee
16 520
-
109 479
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 450
-
2 918
-
income
1 652
-
10 948
-
health
760
-
1 529
-
total
4 044
-
15 761
-
Employer
16 520
-
109 479
-
health
1 140
-
2 293
-
pensions

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

1 821
-
3 663
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
199
-
total
3 242
-
6 521
-
Corporate
96 238
116 000
-
-
income
9 623
11 600
-
-
total
9 623
11 600
-
-
Dividends
86 615
104 400
-
-
withholding
4 331
5 220
-
-
total
4 331
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
21 240
16 820
22 282
26 274
After tax
94 760
99 180
93 718
89 726
Living cost
12 476
12 476
12 476
12 476
Free-cash
82 284
86 704
81 242
77 250

Estimated living cost  is ₽12476 per week

₽7284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽3888
₽9885
₽13810
₽6284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
26 533
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
49 418
Employee
88 233
81 270
98 715
-
pensions
11 150
11 150
11 150
-
income

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

13 303
13 303
13 303
-
health
11 008
10 610
11 605
-
total
35 461
35 063
36 058
-
Employer
88 233
81 270
98 715
-
health
6 131
5 649
6 861
-
pensions
6 140
5 656
6 870
-
unemployment
3 177
2 926
3 554
-
total
15 448
14 231
17 285
-
Corporate
12 318
20 499
-
-
income
2 463
4 100
-
-
total
2 463
4 100
-
-
Dividends
9 855
16 399
-
-
income
2 095
3 486
-
-
withholding
1 477
2 460
-
-
total
3 572
5 946
-
-
Income
116 000
116 000
116 000
116 000
Total tax
56 944
59 340
53 343
49 418
After tax
59 056
56 660
62 657
66 582
Living cost
52 772
52 772
52 772
52 772
Free-cash
6 284
3 888
9 885
13 810

Estimated living cost  is ₽52772 per week

₽38928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56216
₽35215
₽32848
₽47778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
9 970
social contributions
-
-
-
33 872
solidarity contribution
-
-
-
-
health
-
-
-
15 660
total
-
-
-
59 502
Employee
34 779
-
86 567
-
solidarity contribution
-
-
-
-
social contributions
2 261
-
5 627
-
income
4 174
-
10 388
-
health
4 695
-
11 687
-
total
11 130
-
27 702
-
Employer
34 779
-
86 567
-
health
3 130
-
7 791
-
social contributions
8 695
-
21 642
-
total
11 825
-
29 433
-
Corporate
69 396
116 000
-
-
income
13 185
22 040
-
-
total
13 185
22 040
-
-
Dividends
56 210
93 960
-
-
withholding
8 432
14 094
-
-
total
8 432
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 572
36 134
57 135
59 502
After tax
71 428
79 866
58 865
56 498
Living cost
23 650
23 650
23 650
23 650
Free-cash
47 778
56 216
35 215
32 848

Estimated living cost  is ₽23650 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
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.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21732
₽12385
₽17904
₽16765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 835
regional
-
-
-
1 316
municipal
-
-
-
690
national
-
-
-
26 097
total
-
-
-
57 938
Employee
84 580
-
116 000
-
municipal
448
-
616
-
national
14 656
-
22 570
-
regional
798
-
1 157
-
social contributions
28 520
-
39 114
-
total
44 422
-
63 457
-
Employer
84 580
-
116 000
-
total
-
-
-
-
Corporate
31 420
116 000
-
-
municipal
1 226
4 524
-
-
nationa
7 540
27 840
-
-
total
8 766
32 364
-
-
Dividends
22 654
83 636
-
-
withholding
5 889
21 746
-
-
total
5 889
21 746
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 077
54 110
63 457
57 938
After tax
56 923
61 890
52 543
58 062
Living cost
40 158
40 158
40 158
40 158
Free-cash
16 765
21 732
12 385
17 904

Estimated living cost  is ₽40158 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51962
₽33539
₽35453
₽49003
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
24 592
other
-
-
-
-
surtax
-
-
-
3 303
unemployment
-
-
-
217
health
-
-
-
8 235
pensions
-
-
-
23 200
total
-
-
-
59 547
Employee
31 472
-
95 827
-
other
-
-
-
-
unemployment
2 191
-
6 670
-
pensions
2 099
-
6 391
-
surtax
103
-
3 002
-
income
5 275
-
22 781
-
health
804
-
2 444
-
total
10 472
-
41 288
-
Employer
31 472
-
95 827
-
health
1 432
-
4 361
-
pensions
4 195
-
12 774
-
unemployment
997
-
3 038
-
other
-
-
-
-
total
6 624
-
20 173
-
Corporate
77 904
116 000
-
-
income
20 254
30 160
-
-
total
20 254
30 160
-
-
Dividends
57 650
85 840
-
-
withholding
8 647
12 877
-
-
total
8 647
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 997
43 037
61 461
59 547
After tax
70 003
72 963
54 539
56 453
Living cost
21 000
21 000
21 000
21 000
Free-cash
49 003
51 962
33 539
35 453

Estimated living cost  is ₽21000 per week

₽12841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
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.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38200
₽26764
₽37540
₽36305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
27 797
pensions
-
-
-
7 492
total
-
-
-
35 289
Employee
59 918
-
101 798
-
pensions
5 086
-
9 585
-
income
10 792
-
20 609
-
health
870
-
1 671
-
total
16 748
-
31 865
-
Employer
59 918
-
101 798
-
health
1 138
-
1 933
-
pensions
6 486
-
12 267
-
total
7 624
-
14 200
-
Corporate
48 458
116 000
-
-
income

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

9 208
22 041
-
-
total
9 208
22 041
-
-
Dividends
39 250
93 959
-
-
withholding
2 944
12 588
-
-
total
2 944
12 588
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 524
34 629
46 065
35 289
After tax
79 476
81 371
69 935
80 711
Living cost
43 171
43 171
43 171
43 171
Free-cash
36 305
38 200
26 764
37 540

Estimated living cost  is ₽43171 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽22518
₽14748
₽20501
₽9813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
other

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

-
-
-
2 319
regional
-
-
-
4 450
health
-
-
-
260
city
-
-
-
1 223
national
-
-
-
1 015
pensions
-
-
-
10 672
total
-
-
-
19 939
Employee
88 425
-
103 824
-
unemployment
-
-
-
-
pensions
7 429
-
8 719
-
national
419
-
776
-
regional
2 895
-
3 819
-
city
949
-
1 116
-
health
200
-
233
-
total
11 892
-
14 663
-
Employer
88 425
-
103 824
-
health
200
-
233
-
pensions
7 429
-
8 719
-
unemployment
-
-
-
-
other

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

1 768
-
2 077
-
total
9 397
-
11 029
-
Corporate
17 206
116 000
-
-
regional
3 639
24 534
-
-
national
1 463
9 861
-
-
total
5 102
34 395
-
-
Dividends
12 104
81 605
-
-
withholding
4 236
28 563
-
-
total
4 236
28 563
-
-
Income
116 000
116 000
116 000
116 000
Total tax
30 627
62 958
25 692
19 939
After tax
85 373
53 042
90 308
96 061
Living cost
75 560
75 560
75 560
75 560
Free-cash
9 813
-22 518
14 748
20 501

Estimated living cost  is ₽75560 per week

₽49136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13800
₽34112
₽21806
₽29232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
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.

-
-
-
30 131
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.

-
-
-
1 658
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.

-
-
-
6 502
trade
-
-
-
12 306
total
-
-
-
50 597
Employee

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

57 195
-
116 000
-
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.

370
-
1 658
-
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.

6 726
-
30 131
-
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.

6 502
-
6 502
-
total
13 598
-
38 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 805
116 000
-
-
income
8 821
17 401
-
-
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.

486
957
-
-
chamber of commerce
228
307
-
-
trade
10 085
19 893
-
-
total
19 620
38 558
-
-
Dividends
39 187
77 442
-
-
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.

518
1 046
-
-
withholding
9 435
18 999
-
-
total
9 953
20 045
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 171
58 603
38 291
50 597
After tax
72 829
57 397
77 709
65 403
Living cost
43 597
43 597
43 597
43 597
Free-cash
29 232
13 800
34 112
21 806

Estimated living cost  is ₽43597 per week

₽31842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25904
₽36932
₽33645
₽31524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 994
other
-
-
-
3 596
surtax
-
-
-
-
social contributions
-
-
-
3 307
health
-
-
-
3 292
pensions
-
-
-
25 606
total
-
-
-
49 795
Employee
40 731
-
92 686
-
pensions
4 605
-
5 201
-
surtax
-
-
-
-
social contributions
1 161
-
2 640
-
income
2 404
-
15 354
-
total
8 170
-
23 195
-
Employer
40 731
-
92 686
-
health
2 852
-
7 104
-
pensions
6 691
-
8 978
-
unemployment
1 649
-
3 755
-
social contributions
123
-
278
-
other
1 405
-
3 198
-
total
12 720
-
23 313
-
Corporate
62 550
116 000
-
-
income
17 515
32 479
-
-
surtax
-
-
-
-
total
17 515
32 479
-
-
Dividends
45 035
83 521
-
-
surtax
-
-
-
-
social contributions
7 746
14 365
-
-
withholding
5 765
10 692
-
-
total
13 511
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 916
57 536
46 508
49 795
After tax
64 084
58 464
69 492
66 205
Living cost
32 560
32 560
32 560
32 560
Free-cash
31 524
25 904
36 932
33 645

Estimated living cost  is ₽32560 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29130
₽40158
₽36871
₽34416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 994
other
-
-
-
3 596
surtax
-
-
-
-
social contributions
-
-
-
3 307
health
-
-
-
3 292
pensions
-
-
-
25 606
total
-
-
-
49 795
Employee
36 358
-
92 686
-
pensions
4 112
-
5 201
-
surtax
-
-
-
-
social contributions
1 037
-
2 640
-
income
1 875
-
15 354
-
total
7 024
-
23 195
-
Employer
36 358
-
92 686
-
health
2 545
-
7 104
-
pensions
5 974
-
8 978
-
unemployment
1 472
-
3 755
-
social contributions
108
-
278
-
other
1 255
-
3 198
-
total
11 354
-
23 313
-
Corporate
68 288
116 000
-
-
income
19 120
32 479
-
-
surtax
-
-
-
-
total
19 120
32 479
-
-
Dividends
49 168
83 521
-
-
surtax
-
-
-
-
social contributions
8 458
14 365
-
-
withholding
6 294
10 692
-
-
total
14 752
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 250
57 536
46 508
49 795
After tax
63 750
58 464
69 492
66 205
Living cost
29 334
29 334
29 334
29 334
Free-cash
34 416
29 130
40 158
36 871

Estimated living cost  is ₽29334 per week

₽17013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50589
₽53441
₽54315
₽51085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
17 401
social contributions
-
-
-
16 008
health
-
-
-
8 096
total
-
-
-
41 505
Employee
32 268
-
116 000
-
social contributions
4 454
-
16 008
-
income
5 382
-
18 275
-
health
2 252
-
8 096
-
total
12 088
-
42 379
-
Employer
32 268
-
116 000
-
total
-
-
-
-
Corporate
83 732
116 000
-
-
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%.

4 186
5 801
-
-
total
4 186
5 801
-
-
Dividends
79 546
110 199
-
-
social contributions
10 977
15 208
-
-
withholding
11 932
16 530
-
-
health
5 552
7 692
-
-
total
28 461
39 430
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 735
45 231
42 379
41 505
After tax
71 265
70 769
73 621
74 495
Living cost
20 180
20 180
20 180
20 180
Free-cash
51 085
50 589
53 441
54 315

Estimated living cost  is ₽20180 per week

₽13505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31141
-₽1021
₽24224
₽29668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
22 680
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
464
health
-
-
-
8 504
pensions
-
-
-
20 569
total
-
-
-
58 242
Employee
47 561
37 926
89 932
-
other
475
379
899
-
unemployment
1 427
1 138
2 698
-
pensions
4 871
3 883
9 209
-
income
5 414
2 797
19 554
-
health
1 840
1 468
3 480
-
total
14 027
9 665
35 840
-
Employer
47 561
37 926
89 932
-
chamber of commerce
190
152
359
-
health
1 797
1 434
3 399
-
pensions
5 969
4 761
11 286
-
accident
618
493
1 168
-
unemployment
1 427
1 138
2 698
-
surtax
188
188
188
-
payroll
1 427
1 138
2 698
-
other
2 259
1 801
4 271
-
total
13 875
11 105
26 067
-
Corporate
54 565
66 971
86 320
-
income

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

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

13 641
16 743
21 580
-
total
13 641
16 743
21 580
-
Dividends
40 925
50 227
-
-
withholding
11 255
13 812
-
-
total
11 255
13 812
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 798
51 325
83 487
58 242
After tax
63 202
64 675
32 513
57 758
Living cost
33 534
33 534
33 534
33 534
Free-cash
29 668
31 141
-1 021
24 224

Estimated living cost  is ₽33534 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30282
₽9022
₽17551
₽16009
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
communal

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

-
-
-
5 850
social contributions
-
-
-
18 514
national
-
-
-
39 385
total
-
-
-
63 749
Employee

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

68 075
-
89 847
-
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.

592
-
782
-
communal

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

3 551
-
4 687
-
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.

5 106
-
6 738
-
national
20 929
-
29 696
-
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.

3 198
-
4 222
-
total
33 376
-
46 125
-
Employer

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

68 075
-
89 847
-
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.

4 186
-
5 525
-
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.

6 032
-
7 961
-
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.

885
-
1 167
-
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.

993
-
1 311
-
surtax
7 719
-
10 189
-
total
19 815
-
26 153
-
Corporate
28 110
116 000
-
-
income
5 622
23 200
-
-
surtax
112
464
-
-
total
5 734
23 664
-
-
Dividends
22 376
92 336
-
-
withholding

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

6 366
27 354
-
-
total
6 366
27 354
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 291
51 018
72 278
63 749
After tax
50 709
64 982
43 722
52 251
Living cost
34 700
34 700
34 700
34 700
Free-cash
16 009
30 282
9 022
17 551

Estimated living cost  is ₽34700 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43575
₽25290
₽29801
₽36162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
795
income
-
-
-
25 366
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
51 830
Employee
47 373
-
87 960
-
other
47
-
88
-
unemployment
735
-
1 364
-
pensions
2 227
-
4 134
-
income
9 995
-
22 715
-
total
13 004
-
28 301
-
Employer
47 373
-
87 960
-
pensions
11 179
-
20 758
-
accident
937
-
1 741
-
unemployment
2 606
-
4 838
-
other
377
-
703
-
total
15 099
-
28 040
-
Corporate
53 527
116 000
-
-
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.

8 029
17 401
-
-
total
8 029
17 401
-
-
Dividends
45 498
98 599
-
-
withholding
9 337
20 655
-
-
total
9 337
20 655
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 469
38 056
56 341
51 830
After tax
70 531
77 944
59 659
64 170
Living cost
34 369
34 369
34 369
34 369
Free-cash
36 162
43 575
25 290
29 801

Estimated living cost  is ₽34369 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽18432
₽16040
₽11407
₽9485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
communal
-
-
-
7 331
accident
-
-
-
979
income
-
-
-
13 278
surtax
-
-
-
5 750
health
-
-
-
8 150
pensions
-
-
-
17 386
total
-
-
-
52 874
Employee
72 070
-
103 618
-
pensions
5 765
-
8 290
-
surtax
4 417
-
6 350
-
income
6 961
-
16 611
-
health
3 207
-
4 609
-
total
20 350
-
35 860
-
Employer
72 070
-
103 618
-
health
2 198
-
3 159
-
pensions
5 765
-
8 290
-
accident
648
-
932
-
total
8 611
-
12 381
-
Corporate
35 319
116 000
-
-
communal
2 384
7 831
-
-
income
5 297
17 401
-
-
surtax
370
1 217
-
-
total
8 051
26 449
-
-
Dividends
27 267
89 551
-
-
income
13 693
5 967
-
-
withholding
4 091
13 433
-
-
total
17 784
19 400
-
-
Income
116 000
116 000
116 000
116 000
Total tax
54 796
45 849
48 241
52 874
After tax
61 204
70 151
67 759
63 126
Living cost
51 719
51 719
51 719
51 719
Free-cash
9 485
18 432
16 040
11 407

Estimated living cost  is ₽51719 per week

₽38797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51587
₽33163
₽35077
₽48561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
24 592
other
-
-
-
-
surtax
-
-
-
3 303
unemployment
-
-
-
217
health
-
-
-
8 235
pensions
-
-
-
23 200
total
-
-
-
59 547
Employee
32 049
-
95 827
-
other
-
-
-
-
unemployment
2 230
-
6 670
-
pensions
2 138
-
6 391
-
surtax
114
-
3 002
-
income
5 373
-
22 781
-
health
818
-
2 444
-
total
10 673
-
41 288
-
Employer
32 049
-
95 827
-
health
1 457
-
4 361
-
pensions
4 273
-
12 774
-
unemployment
1 017
-
3 038
-
other
-
-
-
-
total
6 747
-
20 173
-
Corporate
77 203
116 000
-
-
income
20 074
30 160
-
-
total
20 074
30 160
-
-
Dividends
57 130
85 840
-
-
withholding
8 569
12 877
-
-
total
8 569
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 063
43 037
61 461
59 547
After tax
69 937
72 963
54 539
56 453
Living cost
21 376
21 376
21 376
21 376
Free-cash
48 561
51 587
33 163
35 077

Estimated living cost  is ₽21376 per week

₽12906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35336
₽26503
₽31993
₽33222
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 835
regional
-
-
-
1 749
municipal
-
-
-
690
national
-
-
-
26 097
total
-
-
-
58 371
Employee
52 791
-
116 000
-
municipal
280
-
616
-
national
8 364
-
22 570
-
regional
711
-
1 561
-
social contributions
17 802
-
39 114
-
total
27 157
-
63 861
-
Employer
52 791
-
116 000
-
total
-
-
-
-
Corporate
63 209
116 000
-
-
municipal
3 141
5 765
-
-
nationa
15 170
27 840
-
-
total
18 311
33 605
-
-
Dividends
44 898
82 396
-
-
withholding
11 674
21 423
-
-
total
11 674
21 423
-
-
Income
116 000
116 000
116 000
116 000
Total tax
57 142
55 028
63 861
58 371
After tax
58 858
60 972
52 139
57 629
Living cost
25 636
25 636
25 636
25 636
Free-cash
33 222
35 336
26 503
31 993

Estimated living cost  is ₽25636 per week

₽15943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50723
₽29722
₽27355
₽40326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
9 970
social contributions
-
-
-
33 872
solidarity contribution
-
-
-
-
health
-
-
-
15 660
total
-
-
-
59 502
Employee
42 857
-
86 567
-
solidarity contribution
-
-
-
-
social contributions
2 786
-
5 627
-
income
5 143
-
10 388
-
health
5 786
-
11 687
-
total
13 715
-
27 702
-
Employer
42 857
-
86 567
-
health
3 857
-
7 791
-
social contributions
10 714
-
21 642
-
total
14 571
-
29 433
-
Corporate
58 571
116 000
-
-
income
11 129
22 040
-
-
total
11 129
22 040
-
-
Dividends
47 443
93 960
-
-
withholding
7 116
14 094
-
-
total
7 116
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 531
36 134
57 135
59 502
After tax
69 469
79 866
58 865
56 498
Living cost
29 143
29 143
29 143
29 143
Free-cash
40 326
50 723
29 722
27 355

Estimated living cost  is ₽29143 per week

₽21673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34414
₽2185
₽27584
₽33946
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
22 680
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
464
health
-
-
-
8 504
pensions
-
-
-
20 569
total
-
-
-
58 054
Employee
41 601
37 926
90 077
-
other
415
379
901
-
unemployment
1 248
1 138
2 702
-
pensions
4 260
3 883
9 223
-
income
3 706
2 797
19 604
-
health
1 609
1 468
3 486
-
total
11 238
9 665
35 916
-
Employer
41 601
37 926
90 077
-
chamber of commerce
166
152
361
-
health
1 573
1 434
3 404
-
pensions
5 221
4 761
11 304
-
accident
540
493
1 170
-
unemployment
1 248
1 138
2 702
-
surtax
-
-
-
-
payroll
1 248
1 138
2 702
-
other
1 976
1 801
4 278
-
total
11 972
10 917
25 921
-
Corporate
62 427
67 158
86 466
-
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.

15 607
16 790
21 616
-
total
15 607
16 790
21 616
-
Dividends
46 820
50 368
-
-
withholding
12 875
13 852
-
-
total
12 875
13 852
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 692
51 224
83 453
58 054
After tax
64 308
64 776
32 547
57 946
Living cost
30 362
30 362
30 362
30 362
Free-cash
33 946
34 414
2 185
27 584

Estimated living cost  is ₽30362 per week

₽18214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽97990
₽80590
₽102630
₽95700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
116 000
microenterprise

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

-
-
-
1 160
total
-
-
-
1 160
Employee
15 262
-
116 000
-
income
3 053
-
23 200
-
total
3 053
-
23 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

100 738
116 000
-
-
total
-
-
-
-
Dividends
100 738
116 000
-
-
withholding
5 037
5 800
-
-
total
5 037
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
8 090
5 800
23 200
1 160
After tax
107 910
110 200
92 800
114 840
Living cost
12 210
12 210
12 210
12 210
Free-cash
95 700
97 990
80 590
102 630

Estimated living cost  is ₽12210 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54340
₽30251
₽33577
₽46380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
24 126
unemployment
-
-
-
173
health
-
-
-
11 414
pensions
-
-
-
21 184
total
-
-
-
56 897
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.

42 084
-
100 371
-
unemployment
60
-
141
-
pensions
6 523
-
15 557
-
income
7 257
-
22 412
-
health
2 718
-
6 485
-
total
16 558
-
44 595
-
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.

42 084
-
100 371
-
health
2 803
-
6 686
-
pensions
3 724
-
8 882
-
unemployment
25
-
60
-
total
6 552
-
15 628
-
Corporate
67 364
116 000
-
-
income
12 799
22 040
-
-
total
12 799
22 040
-
-
Dividends
54 565
93 960
-
-
withholding
8 185
14 094
-
-
total
8 185
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 094
36 134
60 223
56 897
After tax
71 906
79 866
55 777
59 103
Living cost
25 526
25 526
25 526
25 526
Free-cash
46 380
54 340
30 251
33 577

Estimated living cost  is ₽25526 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29193
₽62003
₽38784
-₽26995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
22 611
social contributions
-
-
-
13 224
total
-
-
-
35 835
Employee
59 334
-
-
-
social contributions
4 865
-
693
-
income
13 088
-
-
-
total
17 953
-
693
-
Employer
59 334
-
-
-
social contributions
83 661
-
11 923
-
total
83 661
-
11 923
-
Corporate
-
116 000
-
-
income
-
25 520
-
-
total
-
25 520
-
-
Dividends
-
90 480
-
-
income
-
19 906
-
-
total
-
19 906
-
-
Income
116 000
116 000
116 000
116 000
Total tax
101 614
45 426
12 616
35 835
After tax
14 386
70 574
103 384
80 165
Living cost
41 381
41 381
41 381
41 381
Free-cash
-26 995
29 193
62 003
38 784

Estimated living cost  is ₽41381 per week

₽26850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3892
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.
₽10112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36130
₽26792
₽33997
₽35171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
11 842
surtax
-
-
-
-
social contributions

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

-
-
-
40 310
total
-
-
-
52 152
Employee
43 770
-
93 737
-
surtax
-
-
-
-
social contributions
4 815
-
10 310
-
income
9 104
-
26 784
-
total
13 919
-
37 094
-
Employer
43 770
-
93 737
-
social contributions
10 395
-
22 263
-
total
10 395
-
22 263
-
Corporate
61 834
116 000
-
-
income
12 985
24 359
-
-
surtax
-
-
-
-
total
12 985
24 359
-
-
Dividends
48 849
91 641
-
-
withholding
13 679
25 660
-
-
total
13 679
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 978
50 019
59 357
52 152
After tax
65 022
65 981
56 643
63 848
Living cost
29 851
29 851
29 851
29 851
Free-cash
35 171
36 130
26 792
33 997

Estimated living cost  is ₽29851 per week

₽22335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12499
₽23527
₽20240
₽19038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 994
other
-
-
-
3 596
surtax
-
-
-
-
social contributions
-
-
-
3 307
health
-
-
-
3 292
pensions
-
-
-
25 606
total
-
-
-
49 795
Employee
59 606
-
92 686
-
pensions
6 742
-
5 201
-
surtax
-
-
-
-
social contributions
1 698
-
2 640
-
income
5 201
-
15 354
-
total
13 641
-
23 195
-
Employer
59 606
-
92 686
-
health
4 172
-
7 104
-
pensions
9 794
-
8 978
-
unemployment
2 415
-
3 755
-
social contributions
179
-
278
-
other
2 057
-
3 198
-
total
18 617
-
23 313
-
Corporate
37 778
116 000
-
-
income
10 578
32 479
-
-
surtax
-
-
-
-
total
10 578
32 479
-
-
Dividends
27 200
83 521
-
-
surtax
-
-
-
-
social contributions
4 679
14 365
-
-
withholding
3 482
10 692
-
-
total
8 161
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 997
57 536
46 508
49 795
After tax
65 003
58 464
69 492
66 205
Living cost
45 965
45 965
45 965
45 965
Free-cash
19 038
12 499
23 527
20 240

Estimated living cost  is ₽45965 per week

₽31108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75793
₽61686
₽58603
₽72596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
3 269
social contributions
-
-
-
25 521
total
-
-
-
28 790
Employee
30 596
-
100 432
-
income
-
-
3 612
-
social contributions
1 988
-
6 527
-
total
1 988
-
10 139
-
Employer
30 596
-
100 432
-
social contributions
4 743
-
15 568
-
total
4 743
-
15 568
-
Corporate
80 662
116 000
-
-
income
8 066
11 600
-
-
total
8 066
11 600
-
-
Dividends
72 596
104 400
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
14 797
11 600
25 707
28 790
After tax
101 203
104 400
90 293
87 210
Living cost
28 607
28 607
28 607
28 607
Free-cash
72 596
75 793
61 686
58 603

Estimated living cost  is ₽28607 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽91160
-₽91160
₽24915
-₽91160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
labour market
-
-
-
9 214
municipal
-
-
-
22 635
national
-
-
-
12 621
pensions
-
-
-
824
total
-
-
-
45 294
Employee
193 271
193 271
193 271
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 612
23 612
23 612
-
total
80 483
80 483
80 483
-
Employer
193 271
193 271
193 271
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 222
41 222
41 222
-
total
80 886
80 886
80 886
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
161 369
161 369
161 369
45 294
After tax
-45 369
-45 369
-45 369
70 706
Living cost
45 791
45 791
45 791
45 791
Free-cash
-91 160
-91 160
-91 160
24 915

Estimated living cost  is ₽45791 per week

₽31340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11456
₽40280
₽58638
₽6196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
243
income
-
-
-
29 809
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
36 510
Employee
32 801
-
101 231
-
pensions
3 694
-
7 339
-
income
4 500
-
21 169
-
health
3 756
-
11 591
-
total
11 950
-
40 099
-
Employer
32 801
-
101 231
-
pensions
5 333
-
10 598
-
accident
548
-
1 691
-
unemployment
804
-
2 480
-
total
6 685
-
14 769
-
Corporate
76 514
116 000
-
-
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.

68 863
104 400
-
-
total
68 863
104 400
-
-
Dividends
7 651
11 600
-
-
withholding
1 454
2 204
-
-
total
1 454
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
88 952
106 604
54 868
36 510
After tax
27 048
9 396
61 132
79 490
Living cost
20 852
20 852
20 852
20 852
Free-cash
6 196
-11 456
40 280
58 638

Estimated living cost  is ₽20852 per week

₽15178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38999
₽27596
₽43501
₽38958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
116 000
health
-
-
-
1 389
municipal
-
-
-
20 630
national
-
-
-
13 942
total
-
-
-
35 961
Employee
50 070
-
97 586
-
municipal
8 201
-
15 918
-
unemployment
751
-
1 465
-
pensions
3 379
-
6 586
-
national
827
-
8 378
-
health
374
-
1 105
-
total
13 532
-
33 452
-
Employer
50 070
-
97 586
-
health
385
-
751
-
pensions
8 687
-
16 931
-
accident
51
-
98
-
unemployment
325
-
634
-
total
9 448
-
18 414
-
Corporate
56 483
116 000
-
-
income
11 297
23 200
-
-
total
11 297
23 200
-
-
Dividends

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

33 890
69 600
-
-
municipal
6 101
12 528
-
-
national
126
4 735
-
-
total
6 227
17 263
-
-
Income
116 000
116 000
116 000
116 000
Total tax
40 504
40 463
51 866
35 961
After tax
75 496
75 537
64 134
80 039
Living cost
36 538
36 538
36 538
36 538
Free-cash
38 958
38 999
27 596
43 501

Estimated living cost  is ₽36538 per week

₽23866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62755
₽58053
₽59302
₽57578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
16 308
social contributions
-
-
-
15 398
health
-
-
-
2 958
total
-
-
-
34 664
Employee
73 180
73 180
105 850
-
social contributions
2 767
6 074
8 192
-
income
7 968
6 774
15 772
-
health
567
1 244
1 799
-
total
11 302
14 092
25 763
-
Employer
73 180
73 180
105 850
-
health
616
1 355
1 958
-
social contributions
2 767
6 074
8 192
-
total
3 383
7 429
10 150
-
Corporate
79 281
35 392
-
-
income
9 910
4 425
-
-
total
9 910
4 425
-
-
Dividends
69 372
30 967
-
-
withholding
11 793
5 265
-
-
total
11 793
5 265
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 388
31 211
35 913
34 664
After tax
79 612
84 789
80 087
81 336
Living cost
22 034
22 034
22 034
22 034
Free-cash
57 578
62 755
58 053
59 302

Estimated living cost  is ₽22034 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80949
₽60897
₽79989
₽76109
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
116 000
income
-
-
-
11 376
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 054
total
-
-
-
20 901
Employee

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

21 844
-
106 699
-
unemployment
108
-
452
-
pensions
3 276
-
13 545
-
income
1 494
-
9 018
-
health
1 857
-
7 676
-
total
6 735
-
30 691
-
Employer

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

21 844
-
106 699
-
health
939
-
3 883
-
pensions
1 201
-
4 967
-
unemployment
108
-
452
-
total
2 248
-
9 302
-
Corporate
91 907
116 000
-
-
income
8 271
10 441
-
-
total
8 271
10 441
-
-
Dividends
83 636
105 559
-
-
withholding
7 527
9 500
-
-
total
7 527
9 500
-
-
Income
116 000
116 000
116 000
116 000
Total tax
24 781
19 941
39 993
20 901
After tax
91 219
96 059
76 007
95 099
Living cost
15 110
15 110
15 110
15 110
Free-cash
76 109
80 949
60 897
79 989

Estimated living cost  is ₽15110 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51774
₽33489
₽38000
₽46950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
795
income
-
-
-
25 366
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
51 830
Employee
35 189
-
87 960
-
other
34
-
88
-
unemployment
545
-
1 364
-
pensions
1 654
-
4 134
-
income
6 784
-
22 715
-
total
9 017
-
28 301
-
Employer
35 189
-
87 960
-
pensions
8 304
-
20 758
-
accident
697
-
1 741
-
unemployment
1 936
-
4 838
-
other
282
-
703
-
total
11 219
-
28 040
-
Corporate
69 592
116 000
-
-
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.

10 439
17 401
-
-
total
10 439
17 401
-
-
Dividends
59 153
98 599
-
-
withholding
12 205
20 655
-
-
total
12 205
20 655
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 880
38 056
56 341
51 830
After tax
73 120
77 944
59 659
64 170
Living cost
26 170
26 170
26 170
26 170
Free-cash
46 950
51 774
33 489
38 000

Estimated living cost  is ₽26170 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽70515
₽72301
₽72434
₽70209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
39 346
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
41 697
Employee
2 847
-
114 466
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
551
-
39 274
-
health
142
-
341
-
total
977
-
40 296
-
Employer
2 847
-
114 466
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
112 513
116 000
-
-
income
24 753
25 520
-
-
total
24 753
25 520
-
-
Dividends
87 760
90 480
-
-
withholding
17 552
18 096
-
-
total
17 552
18 096
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 922
43 616
41 830
41 697
After tax
72 078
72 384
74 170
74 303
Living cost
1 869
1 869
1 869
1 869
Free-cash
70 209
70 515
72 301
72 434

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67353
₽47935
₽47934
₽62671
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
25 025
unemployment
-
-
-
1 055
health
-
-
-
7 244
pensions
-
-
-
18 285
total
-
-
-
51 609
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.

24 816
-
103 412
-
unemployment
186
-
527
-
pensions
3 474
-
9 846
-
income
3 421
-
25 025
-
health
1 278
-
3 622
-
total
8 359
-
39 020
-
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.

24 816
-
103 412
-
health
1 278
-
3 622
-
pensions
2 978
-
8 439
-
unemployment
186
-
527
-
total
4 442
-
12 588
-
Corporate
86 742
116 000
-
-
income
13 011
17 400
-
-
total
13 011
17 400
-
-
Dividends
73 731
98 600
-
-
withholding
11 060
14 790
-
-
total
11 060
14 790
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 872
32 190
51 608
51 609
After tax
79 128
83 810
64 392
64 391
Living cost
16 457
16 457
16 457
16 457
Free-cash
62 671
67 353
47 935
47 934

Estimated living cost  is ₽16457 per week

₽11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40324
₽30986
₽38191
₽39982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
11 842
surtax
-
-
-
-
social contributions

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

-
-
-
40 310
total
-
-
-
52 152
Employee
36 937
-
93 737
-
surtax
-
-
-
-
social contributions
4 064
-
10 310
-
income
7 217
-
26 784
-
total
11 281
-
37 094
-
Employer
36 937
-
93 737
-
social contributions
8 772
-
22 263
-
total
8 772
-
22 263
-
Corporate
70 291
116 000
-
-
income
14 760
24 359
-
-
surtax
-
-
-
-
total
14 760
24 359
-
-
Dividends
55 531
91 641
-
-
withholding
15 548
25 660
-
-
total
15 548
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 361
50 019
59 357
52 152
After tax
65 639
65 981
56 643
63 848
Living cost
25 657
25 657
25 657
25 657
Free-cash
39 982
40 324
30 986
38 191

Estimated living cost  is ₽25657 per week

₽18172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44498
₽26213
₽30724
₽37407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
795
income
-
-
-
25 366
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
51 830
Employee
45 962
-
87 960
-
other
45
-
88
-
unemployment
712
-
1 364
-
pensions
2 160
-
4 134
-
income
9 600
-
22 715
-
total
12 517
-
28 301
-
Employer
45 962
-
87 960
-
pensions
10 847
-
20 758
-
accident
910
-
1 741
-
unemployment
2 528
-
4 838
-
other
368
-
703
-
total
14 653
-
28 040
-
Corporate
55 384
116 000
-
-
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.

8 308
17 401
-
-
total
8 308
17 401
-
-
Dividends
47 076
98 599
-
-
withholding
9 669
20 655
-
-
total
9 669
20 655
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 147
38 056
56 341
51 830
After tax
70 853
77 944
59 659
64 170
Living cost
33 446
33 446
33 446
33 446
Free-cash
37 407
44 498
26 213
30 724

Estimated living cost  is ₽33446 per week

₽24020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
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.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82811
₽77349
₽73357
₽77011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
17 400
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
26 274
Employee
21 675
-
109 479
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 903
-
2 918
-
income
2 168
-
10 948
-
health
997
-
1 529
-
total
5 306
-
15 761
-
Employer
21 675
-
109 479
-
health
1 496
-
2 293
-
pensions

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

2 389
-
3 663
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
199
-
total
4 253
-
6 521
-
Corporate
90 072
116 000
-
-
income
9 008
11 600
-
-
total
9 008
11 600
-
-
Dividends
81 065
104 400
-
-
withholding
4 053
5 220
-
-
total
4 053
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
22 620
16 820
22 282
26 274
After tax
93 380
99 180
93 718
89 726
Living cost
16 369
16 369
16 369
16 369
Free-cash
77 011
82 811
77 349
73 357

Estimated living cost  is ₽16369 per week

₽10826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23043
₽40967
₽30671
₽35488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
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.

-
-
-
30 131
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.

-
-
-
1 658
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.

-
-
-
6 502
trade
-
-
-
10 296
total
-
-
-
48 587
Employee

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

47 352
-
116 000
-
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.

215
-
1 658
-
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.

3 894
-
30 131
-
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.

6 502
-
6 502
-
total
10 611
-
38 291
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 648
116 000
-
-
income
10 298
17 401
-
-
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.

567
957
-
-
chamber of commerce
246
314
-
-
trade
9 852
16 646
-
-
total
20 963
35 318
-
-
Dividends
47 685
80 682
-
-
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.

636
1 089
-
-
withholding
11 560
19 808
-
-
total
12 196
20 897
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 770
56 215
38 291
48 587
After tax
72 230
59 785
77 709
67 413
Living cost
36 742
36 742
36 742
36 742
Free-cash
35 488
23 043
40 967
30 671

Estimated living cost  is ₽36742 per week

₽25345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26989
₽20364
₽20364
₽29089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
30 670
social contributions
-
-
-
10 754
total
-
-
-
41 424
Employee
74 443
-
116 000
-
income
14 047
-
30 670
-
social contributions
6 185
-
10 754
-
total
20 232
-
41 424
-
Employer
74 443
-
116 000
-
total
-
-
-
-
Corporate
41 557
116 000
-
-
income
5 194
14 500
-
-
total
5 194
14 500
-
-
Dividends
36 363
101 500
-
-
withholding
7 273
20 299
-
-
total
7 273
20 299
-
-
Income
116 000
116 000
116 000
116 000
Total tax
32 699
34 799
41 424
41 424
After tax
83 301
81 201
74 576
74 576
Living cost
54 212
54 212
54 212
54 212
Free-cash
29 089
26 989
20 364
20 364

Estimated living cost  is ₽54212 per week

₽41244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35825
₽50970
₽48493
₽39152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
27 090
health

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

-
-
-
5 871
total
-
-
-
32 961
Employee
43 658
-
111 622
-
income
4 737
-
21 728
-
social contributions
4 374
-
4 378
-
total
9 111
-
26 106
-
Employer
43 658
-
111 622
-
social contributions
4 374
-
4 378
-
total
4 374
-
4 378
-
Corporate
67 968
116 000
-
-
income
23 789
40 601
-
-
total
23 789
40 601
-
-
Dividends
44 179
75 399
-
-
social contributions
5 028
5 028
-
-
total
5 028
5 028
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 302
45 629
30 484
32 961
After tax
73 698
70 371
85 516
83 039
Living cost
34 546
34 546
34 546
34 546
Free-cash
39 152
35 825
50 970
48 493

Estimated living cost  is ₽34546 per week

₽22756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
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.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46275
₽34838
₽45615
₽46487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
27 797
pensions
-
-
-
7 492
total
-
-
-
35 289
Employee
48 175
-
101 798
-
pensions
3 677
-
9 585
-
income
8 773
-
20 609
-
health
628
-
1 671
-
total
13 078
-
31 865
-
Employer
48 175
-
101 798
-
health
916
-
1 933
-
pensions
4 867
-
12 267
-
total
5 783
-
14 200
-
Corporate
62 042
116 000
-
-
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.

11 788
22 041
-
-
total
11 788
22 041
-
-
Dividends
50 254
93 959
-
-
withholding
3 768
12 588
-
-
total
3 768
12 588
-
-
Income
116 000
116 000
116 000
116 000
Total tax
34 417
34 629
46 065
35 289
After tax
81 583
81 371
69 935
80 711
Living cost
35 097
35 097
35 097
35 097
Free-cash
46 487
46 275
34 838
45 615

Estimated living cost  is ₽35097 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13520
₽38216
₽56574
₽5883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
accident
-
-
-
243
income
-
-
-
29 809
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
36 510
Employee
36 048
-
101 231
-
pensions
4 059
-
7 339
-
income
4 945
-
21 169
-
health
4 127
-
11 591
-
total
13 131
-
40 099
-
Employer
36 048
-
101 231
-
pensions
5 861
-
10 598
-
accident
602
-
1 691
-
unemployment
883
-
2 480
-
total
7 346
-
14 769
-
Corporate
72 606
116 000
-
-
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.

65 345
104 400
-
-
total
65 345
104 400
-
-
Dividends
7 261
11 600
-
-
withholding
1 379
2 204
-
-
total
1 379
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
87 201
106 604
54 868
36 510
After tax
28 799
9 396
61 132
79 490
Living cost
22 916
22 916
22 916
22 916
Free-cash
5 883
-13 520
38 216
56 574

Estimated living cost  is ₽22916 per week

₽16818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84773
₽63908
₽52912
₽80324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
116 000
income
-
-
-
18 347
unemployment
-
-
-
1 392
work injury
-
-
-
580
health insurance
-
-
-
8 584
pensions
-
-
-
21 344
total
-
-
-
50 247
Employee

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

20 545
-
116 000
-
health insurance
1 520
-
5 625
-
unemployment
247
-
912
-
work injury
103
-
380
-
pensions
3 780
-
13 987
-
income
2 055
-
18 347
-
total
7 705
-
39 251
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 455
116 000
-
-
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%.

955
1 160
-
-
total
955
1 160
-
-
Dividends
94 500
114 840
-
-
withholding
14 175
17 226
-
-
total
14 175
17 226
-
-
Income
116 000
116 000
116 000
116 000
Total tax
22 835
18 386
39 251
50 247
After tax
93 165
97 614
76 749
65 753
Living cost
12 841
12 841
12 841
12 841
Free-cash
80 324
84 773
63 908
52 912

Estimated living cost  is ₽12841 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽23188
₽13567
₽18871
₽18858
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 835
regional
-
-
-
2 509
municipal
-
-
-
775
national
-
-
-
26 097
total
-
-
-
59 216
Employee
80 195
-
116 000
-
municipal
479
-
692
-
national
13 552
-
22 570
-
regional
1 211
-
2 144
-
social contributions
27 041
-
39 114
-
total
42 283
-
64 520
-
Employer
80 195
-
116 000
-
total
-
-
-
-
Corporate
35 805
116 000
-
-
municipal
1 727
5 591
-
-
nationa
8 593
27 840
-
-
total
10 320
33 431
-
-
Dividends
25 485
82 569
-
-
withholding
6 626
21 468
-
-
total
6 626
21 468
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 229
54 899
64 520
59 216
After tax
56 771
61 101
51 480
56 784
Living cost
37 913
37 913
37 913
37 913
Free-cash
18 858
23 188
13 567
18 871

Estimated living cost  is ₽37913 per week

₽26631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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