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
₽37756
₽30325
₽40646
₽49193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
11 437
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.

-
-
-
1 677
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.

-
-
-
30 497
total
-
-
-
49 985
Employee

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

35 684
-
116 000
-
health

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

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

6 374
-
6 374
-
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.

55
-
1 677
-
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.

997
-
30 497
-
total
7 426
-
38 548
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 316
116 000
-
-
trade
12 650
18 270
-
-
chamber of commerce
257
308
-
-
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.

662
958
-
-
income
12 048
17 400
-
-
total
25 617
36 936
-
-
Dividends
54 699
79 064
-
-
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.

733
1 068
-
-
withholding
13 319
19 412
-
-
total
14 052
20 480
-
-
Income
116 000
116 000
116 000
116 000
Total tax
47 095
57 416
38 548
49 985
After tax
68 905
58 584
77 452
66 015
Living cost
28 259
28 259
28 259
28 259
Free-cash
40 646
30 325
49 193
37 756

Estimated living cost  is ₽28259 per week

₽17776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20351
₽23318
₽22502
₽21262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
12 322
social contributions
-
-
-
1 247
national
-
-
-
19 094
pensions
-
-
-
13 920
total
-
-
-
46 583
Employee
76 061
-
100 281
-
pensions
3 042
-
4 011
-
national
14 558
-
19 790
-
municipal
9 395
-
12 771
-
total
26 995
-
36 572
-
Employer
76 061
-
100 281
-
pensions
6 085
-
8 022
-
social contributions
818
-
1 078
-
total
6 903
-
9 100
-
Corporate
28 016
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%.

5 603
23 200
-
-
total
5 603
23 200
-
-
Dividends
22 413
92 800
-
-
withholding
4 931
20 416
-
-
total
4 931
20 416
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 432
43 616
45 672
46 583
After tax
71 568
72 384
70 328
69 417
Living cost
49 066
49 066
49 066
49 066
Free-cash
22 502
23 318
21 262
20 351

Estimated living cost  is ₽49066 per week

₽33350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13869
₽73390
₽65737
₽45715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
35 746
income
-
-
-
17 396
microenterprise
-
-
-
-
surtax
-
-
-
29 579
total
-
-
-
82 721
Employee
27 262
-
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.

2 999
-
10 283
-
income
4 853
-
18 073
-
total
7 852
-
28 356
-
Employer
27 262
-
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.

6 567
-
22 519
-
total
6 567
-
22 519
-
Corporate
82 171
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%.

16 434
23 200
-
-
total
16 434
23 200
-
-
Dividends

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

65 738
92 800
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
30 853
23 200
50 875
82 721
After tax
85 147
92 800
65 125
33 279
Living cost
19 410
19 410
19 410
19 410
Free-cash
65 737
73 390
45 715
13 869

Estimated living cost  is ₽19410 per week

₽12383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27600
₽17627
₽11912
₽24173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
26 881
total
-
-
-
49 317
Employee
79 672
79 672
98 715
-
health
12 229
10 402
11 487
-
pensions
14 341
10 931
10 931
-
income

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

13 041
13 041
13 041
-
total
39 611
34 374
35 459
-
Employer
79 672
79 672
98 715
-
health
5 538
5 538
6 861
-
pensions
5 545
5 545
6 871
-
unemployment
2 868
2 868
3 553
-
total
13 951
13 951
17 285
-
Corporate
23 354
22 377
-
-
income
4 671
4 476
-
-
total
4 671
4 476
-
-
Dividends
18 684
17 901
-
-
income
3 969
3 803
-
-
withholding
2 803
2 686
-
-
total
6 772
6 489
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 005
59 290
52 744
49 317
After tax
50 995
56 710
63 256
66 683
Living cost
39 083
39 083
39 083
39 083
Free-cash
11 912
17 627
24 173
27 600

Estimated living cost  is ₽39083 per week

₽27697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22903
₽24313
₽23437
₽21852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 337
accident
-
-
-
171
other
-
-
-
9 938
municipal
-
-
-
27 203
pensions
-
-
-
9 245
national
-
-
-
2 094
unemployment
-
-
-
86
total
-
-
-
54 074
Employee
55 604
-
89 128
-
national
-
-
1 675
-
municipal
16 581
-
26 578
-
total
16 581
-
28 253
-
Employer
55 604
-
89 128
-
health
3 420
-
5 260
-
accident
111
-
171
-
pensions
6 011
-
9 245
-
other
6 461
-
9 938
-
unemployment
1 468
-
2 258
-
total
17 471
-
26 872
-
Corporate
42 925
116 000
-
-
income
9 444
25 520
-
-
total
9 444
25 520
-
-
Dividends
33 481
90 480
-
-
withholding
10 044
27 144
-
-
total
10 044
27 144
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 540
52 664
55 125
54 074
After tax
62 460
63 336
60 875
61 926
Living cost
39 023
39 023
39 023
39 023
Free-cash
23 437
24 313
21 852
22 903

Estimated living cost  is ₽39023 per week

₽25863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3829
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28854
₽21338
₽34448
₽40801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
11 947
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.

-
-
-
1 677
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.

-
-
-
30 497
total
-
-
-
50 495
Employee

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

47 313
-
116 000
-
health

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

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

6 374
-
6 374
-
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.

223
-
1 677
-
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.

4 065
-
30 497
-
total
10 662
-
38 548
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 687
116 000
-
-
trade
11 299
19 082
-
-
chamber of commerce
239
306
-
-
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
958
-
-
income
10 302
17 400
-
-
total
22 407
37 746
-
-
Dividends
46 280
78 253
-
-
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.

616
1 057
-
-
withholding
11 216
19 208
-
-
total
11 832
20 265
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 901
58 011
38 548
50 495
After tax
71 099
57 989
77 452
65 505
Living cost
36 651
36 651
36 651
36 651
Free-cash
34 448
21 338
40 801
28 854

Estimated living cost  is ₽36651 per week

₽24512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
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.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51031
₽54518
₽50650
₽49791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 958
social contributions
-
-
-
15 095
income
-
-
-
16 655
total
-
-
-
34 708
Employee
71 741
71 741
106 007
-
health
714
1 220
1 802
-
social contributions
3 486
5 954
8 031
-
income
7 533
6 641
16 122
-
total
11 733
13 815
25 955
-
Employer
71 741
71 741
106 007
-
health
777
1 328
1 962
-
social contributions
3 486
5 954
8 031
-
total
4 263
7 282
9 993
-
Corporate
69 743
36 977
-
-
income
8 718
4 623
-
-
total
8 718
4 623
-
-
Dividends
61 025
32 354
-
-
withholding
10 375
5 501
-
-
total
10 375
5 501
-
-
Income
116 000
116 000
116 000
116 000
Total tax
35 089
31 221
35 948
34 708
After tax
80 911
84 779
80 052
81 292
Living cost
30 261
30 261
30 261
30 261
Free-cash
50 650
54 518
49 791
51 031

Estimated living cost  is ₽30261 per week

₽20686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63287
₽48195
₽48550
₽50174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 120
pensions
-
-
-
11 600
unemployment
-
-
-
1 740
income
-
-
-
14 181
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.

24 643
9 808
97 071
-
health
1 725
687
6 795
-
pensions
2 464
981
9 707
-
unemployment
370
147
1 456
-
income
3 013
1 199
11 867
-
total
7 572
3 014
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.

24 643
9 808
97 071
-
pensions
4 805
1 912
18 929
-
total
4 805
1 912
18 929
-
Corporate
86 551
104 280
-
-
income
7 790
9 385
-
-
total
7 790
9 385
-
-
Dividends
78 762
94 895
-
-
social contributions
15 246
18 392
-
-
withholding
14 965
18 030
-
-
total
30 211
36 422
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 378
50 733
48 754
35 641
After tax
65 622
65 267
67 246
80 359
Living cost
17 072
17 072
17 072
17 072
Free-cash
48 550
48 195
50 174
63 287

Estimated living cost  is ₽17072 per week

₽11650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39641
₽70265
₽64470
₽44326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 079
pensions
-
-
-
23 200
income
-
-
-
15 545
total
-
-
-
53 824
Employee
26 467
-
86 695
-
pensions
529
-
1 733
-
unemployment
423
-
1 386
-
income
2 980
-
16 715
-
total
3 932
-
19 834
-
Employer
26 467
-
86 695
-
health
3 440
-
11 271
-
pensions
5 294
-
17 340
-
unemployment
212
-
694
-
total
8 946
-
29 305
-
Corporate
80 587
116 000
-
-
income
16 117
23 200
-
-
total
16 117
23 200
-
-
Dividends
64 470
92 800
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
28 995
23 200
49 139
53 824
After tax
87 005
92 800
66 861
62 176
Living cost
22 535
22 535
22 535
22 535
Free-cash
64 470
70 265
44 326
39 641

Estimated living cost  is ₽22535 per week

₽15456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58776
-₽11305
₽6220
₽40561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
29 969
total
-
-
-
36 523
Employee
32 564
-
101 453
-
health
3 729
-
11 616
-
pensions
3 667
-
7 179
-
income
4 468
-
21 397
-
total
11 864
-
40 192
-
Employer
32 564
-
101 453
-
accident
544
-
1 694
-
pensions
5 295
-
10 367
-
unemployment
798
-
2 485
-
total
6 637
-
14 546
-
Corporate
76 799
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.

69 119
104 400
-
-
total
69 119
104 400
-
-
Dividends
7 680
11 600
-
-
withholding
1 459
2 204
-
-
total
1 459
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
89 079
106 604
54 738
36 523
After tax
26 921
9 396
61 262
79 477
Living cost
20 701
20 701
20 701
20 701
Free-cash
6 220
-11 305
40 561
58 776

Estimated living cost  is ₽20701 per week

₽15172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽107096
₽102456
₽101004
₽85056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 679
-
116 000
-
income
1 936
-
23 200
-
total
1 936
-
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%.

106 321
116 000
-
-
total
-
-
-
-
Dividends
106 321
116 000
-
-
withholding
5 316
5 800
-
-
total
5 316
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
7 252
5 800
23 200
1 160
After tax
108 748
110 200
92 800
114 840
Living cost
7 744
7 744
7 744
7 744
Free-cash
101 004
102 456
85 056
107 096

Estimated living cost  is ₽7744 per week

₽4799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37248
₽60366
₽54067
₽42045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 104
other
-
-
-
5 510
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.

-
-
-
27 839
income
-
-
-
15 439
total
-
-
-
53 892
Employee
33 875
-
92 651
-
health
474
-
1 298
-
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.

2 371
-
6 485
-
unemployment
338
-
926
-
income
5 832
-
17 037
-
total
9 015
-
25 746
-
Employer
33 875
-
92 651
-
health
474
-
1 298
-
accident
271
-
742
-
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.

5 759
-
15 750
-
other
1 694
-
4 633
-
unemployment
338
-
926
-
total
8 536
-
23 349
-
Corporate
73 588
116 000
-
-
income
15 453
24 360
-
-
total
15 453
24 360
-
-
Dividends
58 135
91 640
-
-
withholding
4 069
6 414
-
-
total
4 069
6 414
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 073
30 774
49 095
53 892
After tax
78 927
85 226
66 905
62 108
Living cost
24 860
24 860
24 860
24 860
Free-cash
54 067
60 366
42 045
37 248

Estimated living cost  is ₽24860 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽18315
₽18888
₽11940
₽7552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 411
income
-
-
-
28 075
total
-
-
-
35 486
Employee
88 002
-
101 775
-
health
1 450
-
1 661
-
pensions
8 490
-
9 465
-
income
15 863
-
20 898
-
total
25 803
-
32 024
-
Employer
88 002
-
101 775
-
health
1 671
-
1 934
-
pensions
10 391
-
12 291
-
total
12 062
-
14 225
-
Corporate
15 936
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.

3 027
22 041
-
-
total
3 027
22 041
-
-
Dividends
12 909
93 959
-
-
withholding
969
12 872
-
-
total
969
12 872
-
-
Income
116 000
116 000
116 000
116 000
Total tax
41 861
34 913
46 249
35 486
After tax
74 139
81 087
69 751
80 514
Living cost
62 199
62 199
62 199
62 199
Free-cash
11 940
18 888
7 552
18 315

Estimated living cost  is ₽62199 per week

₽46607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77660
₽86944
₽82610
₽81687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
17 400
total
-
-
-
26 104
Employee
16 202
-
109 604
-
health
745
-
1 500
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 862
-
income
1 620
-
10 960
-
total
3 966
-
15 681
-
Employer
16 202
-
109 604
-
health
1 118
-
2 249
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 592
-
unemployment
97
-
196
-
total
3 179
-
6 396
-
Corporate
96 618
116 000
-
-
income
9 662
11 600
-
-
total
9 662
11 600
-
-
Dividends
86 957
104 400
-
-
withholding
4 347
5 220
-
-
total
4 347
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
21 154
16 820
22 077
26 104
After tax
94 846
99 180
93 923
89 896
Living cost
12 236
12 236
12 236
12 236
Free-cash
82 610
86 944
81 687
77 660

Estimated living cost  is ₽12236 per week

₽7144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14949
₽4976
₽7322
₽11522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
26 881
total
-
-
-
49 317
Employee
86 498
79 672
98 715
-
health
10 791
10 402
11 487
-
pensions
10 931
10 931
10 931
-
income

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

13 041
13 041
13 041
-
total
34 763
34 374
35 459
-
Employer
86 498
79 672
98 715
-
health
6 011
5 538
6 861
-
pensions
6 020
5 545
6 871
-
unemployment
3 114
2 868
3 553
-
total
15 145
13 951
17 285
-
Corporate
14 357
22 377
-
-
income
2 872
4 476
-
-
total
2 872
4 476
-
-
Dividends
11 486
17 901
-
-
income
2 441
3 803
-
-
withholding
1 723
2 686
-
-
total
4 164
6 489
-
-
Income
116 000
116 000
116 000
116 000
Total tax
56 944
59 290
52 744
49 317
After tax
59 056
56 710
63 256
66 683
Living cost
51 734
51 734
51 734
51 734
Free-cash
7 322
4 976
11 522
14 949

Estimated living cost  is ₽51734 per week

₽38163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34032
₽56810
₽48583
₽35809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 660
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
-
income
-
-
-
10 075
total
-
-
-
58 912
Employee
33 906
-
86 567
-
health
4 577
-
11 687
-
solidarity contribution
-
-
-
-
social contributions
2 204
-
5 627
-
income
4 069
-
10 388
-
total
10 850
-
27 702
-
Employer
33 906
-
86 567
-
health
3 052
-
7 791
-
social contributions
8 477
-
21 642
-
total
11 529
-
29 433
-
Corporate
70 566
116 000
-
-
income
13 408
22 040
-
-
total
13 408
22 040
-
-
Dividends
57 158
93 960
-
-
withholding
8 574
14 094
-
-
total
8 574
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 361
36 134
57 135
58 912
After tax
71 639
79 866
58 865
57 088
Living cost
23 056
23 056
23 056
23 056
Free-cash
48 583
56 810
35 809
34 032

Estimated living cost  is ₽23056 per week

₽16015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18562
₽22522
₽17651
₽13043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 319
municipal
-
-
-
689
social contributions
-
-
-
29 834
national
-
-
-
26 228
total
-
-
-
58 070
Employee
82 916
-
116 000
-
regional
782
-
1 159
-
national
14 367
-
22 701
-
social contributions
27 959
-
39 115
-
municipal
439
-
614
-
total
43 547
-
63 589
-
Employer
82 916
-
116 000
-
total
-
-
-
-
Corporate
33 084
116 000
-
-
nationa
7 941
27 841
-
-
municipal
1 291
4 524
-
-
total
9 232
32 365
-
-
Dividends
23 852
83 636
-
-
withholding
6 202
21 745
-
-
total
6 202
21 745
-
-
Income
116 000
116 000
116 000
116 000
Total tax
58 981
54 110
63 589
58 070
After tax
57 019
61 890
52 411
57 930
Living cost
39 368
39 368
39 368
39 368
Free-cash
17 651
22 522
13 043
18 562

Estimated living cost  is ₽39368 per week

₽27442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35547
₽52376
₽49474
₽33631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 236
other
-
-
-
-
pensions
-
-
-
23 200
unemployment
-
-
-
212
income
-
-
-
24 856
surtax
-
-
-
3 362
total
-
-
-
59 866
Employee
30 853
-
95 829
-
health
788
-
2 445
-
pensions
2 057
-
6 391
-
unemployment
2 148
-
6 669
-
surtax
101
-
3 061
-
income
5 172
-
23 045
-
other
-
-
-
-
total
10 266
-
41 611
-
Employer
30 853
-
95 829
-
health
1 404
-
4 359
-
pensions
4 113
-
12 774
-
other
-
-
-
-
unemployment
977
-
3 038
-
total
6 494
-
20 171
-
Corporate
78 653
116 000
-
-
income
20 449
30 160
-
-
total
20 449
30 160
-
-
Dividends
58 204
85 840
-
-
withholding
8 730
12 877
-
-
total
8 730
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 939
43 037
61 782
59 866
After tax
70 061
72 963
54 218
56 134
Living cost
20 587
20 587
20 587
20 587
Free-cash
49 474
52 376
33 631
35 547

Estimated living cost  is ₽20587 per week

₽12588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38021
₽38594
₽37101
₽27258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 411
income
-
-
-
28 075
total
-
-
-
35 486
Employee
58 977
-
101 775
-
health
856
-
1 661
-
pensions
5 006
-
9 465
-
income
10 622
-
20 898
-
total
16 484
-
32 024
-
Employer
58 977
-
101 775
-
health
1 120
-
1 934
-
pensions
6 384
-
12 291
-
total
7 504
-
14 225
-
Corporate
49 519
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.

9 409
22 041
-
-
total
9 409
22 041
-
-
Dividends
40 109
93 959
-
-
withholding
3 009
12 872
-
-
total
3 009
12 872
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 406
34 913
46 249
35 486
After tax
79 594
81 087
69 751
80 514
Living cost
42 493
42 493
42 493
42 493
Free-cash
37 101
38 594
27 258
38 021

Estimated living cost  is ₽42493 per week

₽31835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19841
-₽23216
₽9414
₽14089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
260
city
-
-
-
1 222
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.

-
-
-
2 321
regional
-
-
-
4 425
pensions
-
-
-
10 673
national
-
-
-
999
total
-
-
-
19 900
Employee
89 243
-
103 829
-
health
202
-
233
-
regional
2 922
-
3 794
-
pensions
7 498
-
8 720
-
unemployment
-
-
-
-
national
422
-
760
-
city
958
-
1 116
-
total
12 002
-
14 623
-
Employer
89 243
-
103 829
-
health
202
-
233
-
pensions
7 498
-
8 720
-
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.

1 784
-
2 076
-
unemployment
-
-
-
-
total
9 484
-
11 029
-
Corporate
16 292
116 000
-
-
national
1 385
9 860
-
-
regional
3 445
24 534
-
-
total
4 830
34 394
-
-
Dividends
11 462
81 607
-
-
withholding
4 011
28 563
-
-
total
4 011
28 563
-
-
Income
116 000
116 000
116 000
116 000
Total tax
30 327
62 957
25 652
19 900
After tax
85 673
53 043
90 348
96 100
Living cost
76 259
76 259
76 259
76 259
Free-cash
9 414
-23 216
14 089
19 841

Estimated living cost  is ₽76259 per week

₽49590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22257
₽14653
₽29782
₽34712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
12 455
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.

-
-
-
1 677
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.

-
-
-
30 497
total
-
-
-
51 003
Employee

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

56 070
-
116 000
-
health

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

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

6 374
-
6 374
-
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.

363
-
1 677
-
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.

6 593
-
30 497
-
total
13 330
-
38 548
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 930
116 000
-
-
trade
10 278
19 893
-
-
chamber of commerce
227
305
-
-
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.

494
958
-
-
income
8 989
17 400
-
-
total
19 988
38 556
-
-
Dividends
39 943
77 444
-
-
surtax

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

529
1 045
-
-
withholding
9 631
19 006
-
-
total
10 160
20 051
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 478
58 607
38 548
51 003
After tax
72 522
57 393
77 452
64 997
Living cost
42 740
42 740
42 740
42 740
Free-cash
29 782
14 653
34 712
22 257

Estimated living cost  is ₽42740 per week

₽31215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
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.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34232
₽26544
₽32054
₽37215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 396
other
-
-
-
3 596
pensions
-
-
-
25 292
social contributions
-
-
-
3 305
income
-
-
-
14 259
surtax
-
-
-
-
total
-
-
-
49 848
Employee
39 930
-
92 525
-
pensions
4 515
-
5 267
-
surtax
-
-
-
-
social contributions
1 138
-
2 636
-
income
2 357
-
15 488
-
total
8 010
-
23 391
-
Employer
39 930
-
92 525
-
health
2 796
-
7 180
-
pensions
6 560
-
9 076
-
other
1 377
-
3 192
-
social contributions
120
-
278
-
unemployment
1 616
-
3 748
-
total
12 469
-
23 474
-
Corporate
63 601
116 000
-
-
surtax
-
-
-
-
income
17 808
32 480
-
-
total
17 808
32 480
-
-
Dividends
45 793
83 520
-
-
social contributions
7 877
14 366
-
-
surtax
-
-
-
-
withholding
5 862
10 690
-
-
total
13 739
25 056
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 026
57 536
46 865
49 848
After tax
63 974
58 464
69 135
66 152
Living cost
31 920
31 920
31 920
31 920
Free-cash
32 054
26 544
37 215
34 232

Estimated living cost  is ₽31920 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37395
₽29707
₽34892
₽40378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 396
other
-
-
-
3 596
pensions
-
-
-
25 292
social contributions
-
-
-
3 305
income
-
-
-
14 259
surtax
-
-
-
-
total
-
-
-
49 848
Employee
35 643
-
92 525
-
pensions
4 031
-
5 267
-
surtax
-
-
-
-
social contributions
1 016
-
2 636
-
income
1 838
-
15 488
-
total
6 885
-
23 391
-
Employer
35 643
-
92 525
-
health
2 495
-
7 180
-
pensions
5 857
-
9 076
-
other
1 230
-
3 192
-
social contributions
106
-
278
-
unemployment
1 443
-
3 748
-
total
11 131
-
23 474
-
Corporate
69 226
116 000
-
-
surtax
-
-
-
-
income
19 383
32 480
-
-
total
19 383
32 480
-
-
Dividends
49 843
83 520
-
-
social contributions
8 573
14 366
-
-
surtax
-
-
-
-
withholding
6 379
10 690
-
-
total
14 952
25 056
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 351
57 536
46 865
49 848
After tax
63 649
58 464
69 135
66 152
Living cost
28 757
28 757
28 757
28 757
Free-cash
34 892
29 707
40 378
37 395

Estimated living cost  is ₽28757 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54712
₽50987
₽51471
₽53740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 096
social contributions
-
-
-
16 009
income
-
-
-
17 400
total
-
-
-
41 505
Employee
31 633
-
116 000
-
health
2 208
-
8 096
-
social contributions
4 366
-
16 009
-
income
5 276
-
18 372
-
total
11 850
-
42 477
-
Employer
31 633
-
116 000
-
total
-
-
-
-
Corporate
84 367
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%.

4 219
5 800
-
-
total
4 219
5 800
-
-
Dividends
80 148
110 200
-
-
social contributions
11 060
15 208
-
-
health
5 595
7 693
-
-
withholding
12 022
16 529
-
-
total
28 677
39 430
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 746
45 230
42 477
41 505
After tax
71 254
70 770
73 523
74 495
Living cost
19 783
19 783
19 783
19 783
Free-cash
51 471
50 987
53 740
54 712

Estimated living cost  is ₽19783 per week

₽13240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
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.
₽4867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25063
₽31771
₽30326
-₽602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
23 192
chamber of commerce
-
-
-
464
surtax
-
-
-
184
total
-
-
-
58 063
Employee
46 626
37 180
89 933
-
health
1 804
1 439
3 481
-
pensions
4 775
3 807
9 208
-
unemployment
1 399
1 115
2 698
-
income
5 308
2 742
19 778
-
other
466
372
899
-
total
13 752
9 475
36 064
-
Employer
46 626
37 180
89 933
-
payroll
1 399
1 115
2 698
-
health
1 762
1 406
3 399
-
surtax
184
184
184
-
accident
606
483
1 169
-
pensions
5 851
4 667
11 287
-
chamber of commerce
186
149
359
-
other
2 215
1 765
4 272
-
unemployment
1 399
1 115
2 698
-
total
13 602
10 884
26 066
-
Corporate
55 774
67 935
86 392
-
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.

13 943
16 984
21 598
-
total
13 943
16 984
21 598
-
Dividends
41 831
50 951
-
-
withholding
11 503
14 012
-
-
total
11 503
14 012
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 800
51 355
83 728
58 063
After tax
63 200
64 645
32 272
57 937
Living cost
32 874
32 874
32 874
32 874
Free-cash
30 326
31 771
-602
25 063

Estimated living cost  is ₽32874 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18068
₽30958
₽16964
₽9521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 474
national
-
-
-
39 590
communal

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

-
-
-
5 851
total
-
-
-
63 915
Employee

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

66 736
-
89 848
-
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.

3 136
-
4 224
-
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.

5 005
-
6 738
-
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.

581
-
783
-
national
20 517
-
29 879
-
communal

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

3 481
-
4 686
-
total
32 720
-
46 310
-
Employer

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

66 736
-
89 848
-
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.

4 104
-
5 526
-
surtax
7 567
-
10 187
-
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.

868
-
1 167
-
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.

5 913
-
7 960
-
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.

974
-
1 312
-
total
19 426
-
26 152
-
Corporate
29 838
116 000
-
-
surtax
119
464
-
-
income
5 968
23 200
-
-
total
6 087
23 664
-
-
Dividends
23 752
92 336
-
-
withholding

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

6 786
27 361
-
-
total
6 786
27 361
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 019
51 025
72 462
63 915
After tax
50 981
64 975
43 538
52 085
Living cost
34 017
34 017
34 017
34 017
Free-cash
16 964
30 958
9 521
18 068

Estimated living cost  is ₽34017 per week

₽21911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
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.
₽8599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30653
₽44212
₽36980
₽26170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
25 710
total
-
-
-
51 654
Employee
46 441
-
88 432
-
pensions
2 183
-
4 065
-
unemployment
721
-
1 340
-
other
46
-
87
-
income
9 799
-
23 077
-
total
12 749
-
28 569
-
Employer
46 441
-
88 432
-
accident
919
-
1 712
-
pensions
10 959
-
20 408
-
other
370
-
692
-
unemployment
2 555
-
4 756
-
total
14 803
-
27 568
-
Corporate
54 756
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.

8 213
17 400
-
-
total
8 213
17 400
-
-
Dividends
46 543
98 600
-
-
withholding
9 562
20 695
-
-
total
9 562
20 695
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 327
38 095
56 137
51 654
After tax
70 673
77 905
59 863
64 346
Living cost
33 693
33 693
33 693
33 693
Free-cash
36 980
44 212
26 170
30 653

Estimated living cost  is ₽33693 per week

₽24812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12064
₽19346
₽10390
₽16689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 150
accident
-
-
-
977
pensions
-
-
-
17 386
communal
-
-
-
7 332
income
-
-
-
13 639
surtax
-
-
-
5 751
total
-
-
-
53 235
Employee
70 653
-
103 617
-
health
3 144
-
4 610
-
pensions
5 651
-
8 289
-
surtax
4 331
-
6 351
-
income
6 824
-
16 978
-
total
19 950
-
36 228
-
Employer
70 653
-
103 617
-
health
2 155
-
3 160
-
accident
636
-
933
-
pensions
5 651
-
8 289
-
total
8 442
-
12 382
-
Corporate
36 905
116 000
-
-
communal
2 491
7 831
-
-
surtax
388
1 218
-
-
income
5 536
17 400
-
-
total
8 415
26 449
-
-
Dividends
28 490
89 551
-
-
income
13 828
6 071
-
-
withholding
4 274
13 433
-
-
total
18 102
19 504
-
-
Income
116 000
116 000
116 000
116 000
Total tax
54 909
45 953
48 610
53 235
After tax
61 091
70 047
67 390
62 765
Living cost
50 701
50 701
50 701
50 701
Free-cash
10 390
19 346
16 689
12 064

Estimated living cost  is ₽50701 per week

₽38034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35178
₽52007
₽49039
₽33262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 236
other
-
-
-
-
pensions
-
-
-
23 200
unemployment
-
-
-
212
income
-
-
-
24 856
surtax
-
-
-
3 362
total
-
-
-
59 866
Employee
31 419
-
95 829
-
health
802
-
2 445
-
pensions
2 096
-
6 391
-
unemployment
2 187
-
6 669
-
surtax
112
-
3 061
-
income
5 267
-
23 045
-
other
-
-
-
-
total
10 464
-
41 611
-
Employer
31 419
-
95 829
-
health
1 429
-
4 359
-
pensions
4 189
-
12 774
-
other
-
-
-
-
unemployment
997
-
3 038
-
total
6 615
-
20 171
-
Corporate
77 966
116 000
-
-
income
20 272
30 160
-
-
total
20 272
30 160
-
-
Dividends
57 694
85 840
-
-
withholding
8 654
12 877
-
-
total
8 654
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 005
43 037
61 782
59 866
After tax
69 995
72 963
54 218
56 134
Living cost
20 956
20 956
20 956
20 956
Free-cash
49 039
52 007
33 262
35 178

Estimated living cost  is ₽20956 per week

₽12652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32367
₽35839
₽33769
₽26877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 750
municipal
-
-
-
689
social contributions
-
-
-
29 834
national
-
-
-
26 228
total
-
-
-
58 501
Employee
51 753
-
116 000
-
regional
697
-
1 561
-
national
8 199
-
22 701
-
social contributions
17 452
-
39 115
-
municipal
274
-
614
-
total
26 622
-
63 991
-
Employer
51 753
-
116 000
-
total
-
-
-
-
Corporate
64 247
116 000
-
-
nationa
15 419
27 841
-
-
municipal
3 194
5 765
-
-
total
18 613
33 606
-
-
Dividends
45 634
82 394
-
-
withholding
11 864
21 423
-
-
total
11 864
21 423
-
-
Income
116 000
116 000
116 000
116 000
Total tax
57 099
55 029
63 991
58 501
After tax
58 901
60 971
52 009
57 499
Living cost
25 132
25 132
25 132
25 132
Free-cash
33 769
35 839
26 877
32 367

Estimated living cost  is ₽25132 per week

₽15630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28677
₽51455
₽41319
₽30454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
15 660
social contributions
-
-
-
33 177
solidarity contribution
-
-
-
-
income
-
-
-
10 075
total
-
-
-
58 912
Employee
41 781
-
86 567
-
health
5 640
-
11 687
-
solidarity contribution
-
-
-
-
social contributions
2 716
-
5 627
-
income
5 014
-
10 388
-
total
13 370
-
27 702
-
Employer
41 781
-
86 567
-
health
3 760
-
7 791
-
social contributions
10 445
-
21 642
-
total
14 205
-
29 433
-
Corporate
60 013
116 000
-
-
income
11 403
22 040
-
-
total
11 403
22 040
-
-
Dividends
48 611
93 960
-
-
withholding
7 292
14 094
-
-
total
7 292
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 270
36 134
57 135
58 912
After tax
69 730
79 866
58 865
57 088
Living cost
28 411
28 411
28 411
28 411
Free-cash
41 319
51 455
30 454
28 677

Estimated living cost  is ₽28411 per week

₽21128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28356
₽34981
₽34518
₽2538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
8 337
pensions
-
-
-
20 164
unemployment
-
-
-
5 722
income
-
-
-
23 192
chamber of commerce
-
-
-
464
surtax
-
-
-
-
total
-
-
-
57 879
Employee
40 783
37 180
90 078
-
health
1 578
1 439
3 486
-
pensions
4 177
3 807
9 224
-
unemployment
1 223
1 115
2 702
-
income
3 633
2 742
19 828
-
other
407
372
901
-
total
11 018
9 475
36 141
-
Employer
40 783
37 180
90 078
-
payroll
1 223
1 115
2 702
-
health
1 542
1 406
3 405
-
surtax
-
-
-
-
accident
529
483
1 170
-
pensions
5 118
4 667
11 305
-
chamber of commerce
163
149
361
-
other
1 937
1 765
4 277
-
unemployment
1 223
1 115
2 702
-
total
11 735
10 700
25 922
-
Corporate
63 481
68 119
86 537
-
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.

15 871
17 030
21 634
-
total
15 871
17 030
21 634
-
Dividends
47 610
51 089
-
-
withholding
13 093
14 049
-
-
total
13 093
14 049
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 717
51 254
83 697
57 879
After tax
64 283
64 746
32 303
58 121
Living cost
29 765
29 765
29 765
29 765
Free-cash
34 518
34 981
2 538
28 356

Estimated living cost  is ₽29765 per week

₽17855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102773
₽98133
₽95870
₽80733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 084
-
116 000
-
income
3 017
-
23 200
-
total
3 017
-
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%.

100 916
116 000
-
-
total
-
-
-
-
Dividends
100 916
116 000
-
-
withholding
5 046
5 800
-
-
total
5 046
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
8 063
5 800
23 200
1 160
After tax
107 937
110 200
92 800
114 840
Living cost
12 067
12 067
12 067
12 067
Free-cash
95 870
98 133
80 733
102 773

Estimated living cost  is ₽12067 per week

₽8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33997
₽54842
₽47036
₽30673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 414
pensions
-
-
-
21 184
unemployment
-
-
-
174
income
-
-
-
24 207
total
-
-
-
56 979
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.

41 256
-
100 372
-
health
2 665
-
6 485
-
pensions
6 395
-
15 557
-
unemployment
58
-
140
-
income
7 115
-
22 493
-
total
16 233
-
44 675
-
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.

41 256
-
100 372
-
health
2 748
-
6 685
-
pensions
3 651
-
8 883
-
unemployment
25
-
60
-
total
6 424
-
15 628
-
Corporate
68 321
116 000
-
-
income
12 981
22 041
-
-
total
12 981
22 041
-
-
Dividends
55 339
93 959
-
-
withholding
8 302
14 093
-
-
total
8 302
14 093
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 940
36 134
60 303
56 979
After tax
72 060
79 866
55 697
59 021
Living cost
25 024
25 024
25 024
25 024
Free-cash
47 036
54 842
30 673
33 997

Estimated living cost  is ₽25024 per week

₽17174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37669
₽28078
-₽30850
₽60548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 224
income
-
-
-
22 611
total
-
-
-
35 835
Employee
60 933
-
-
-
social contributions
4 997
-
712
-
income
13 441
-
-
-
total
18 438
-
712
-
Employer
60 933
-
-
-
social contributions
85 916
-
12 244
-
total
85 916
-
12 244
-
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
104 354
45 426
12 956
35 835
After tax
11 646
70 574
103 044
80 165
Living cost
42 496
42 496
42 496
42 496
Free-cash
-30 850
28 078
60 548
37 669

Estimated living cost  is ₽42496 per week

₽27573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
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.
₽10384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34477
₽36716
₽35778
₽27168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
40 310
income
-
-
-
11 949
surtax
-
-
-
-
total
-
-
-
52 259
Employee
42 909
-
93 738
-
surtax
-
-
-
-
social contributions
4 720
-
10 311
-
income
8 925
-
26 995
-
total
13 645
-
37 306
-
Employer
42 909
-
93 738
-
social contributions
10 191
-
22 262
-
total
10 191
-
22 262
-
Corporate
62 900
116 000
-
-
surtax
-
-
-
-
income
13 210
24 360
-
-
total
13 210
24 360
-
-
Dividends
49 690
91 640
-
-
withholding
13 912
25 660
-
-
total
13 912
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 958
50 020
59 568
52 259
After tax
65 042
65 980
56 432
63 741
Living cost
29 264
29 264
29 264
29 264
Free-cash
35 778
36 716
27 168
34 477

Estimated living cost  is ₽29264 per week

₽21896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21091
₽13403
₽19816
₽24074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 396
other
-
-
-
3 596
pensions
-
-
-
25 292
social contributions
-
-
-
3 305
income
-
-
-
14 259
surtax
-
-
-
-
total
-
-
-
49 848
Employee
58 434
-
92 525
-
pensions
6 609
-
5 267
-
surtax
-
-
-
-
social contributions
1 664
-
2 636
-
income
5 098
-
15 488
-
total
13 371
-
23 391
-
Employer
58 434
-
92 525
-
health
4 090
-
7 180
-
pensions
9 601
-
9 076
-
other
2 017
-
3 192
-
social contributions
175
-
278
-
unemployment
2 367
-
3 748
-
total
18 250
-
23 474
-
Corporate
39 316
116 000
-
-
surtax
-
-
-
-
income
11 009
32 480
-
-
total
11 009
32 480
-
-
Dividends
28 307
83 520
-
-
social contributions
4 869
14 366
-
-
surtax
-
-
-
-
withholding
3 624
10 690
-
-
total
8 493
25 056
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 123
57 536
46 865
49 848
After tax
64 877
58 464
69 135
66 152
Living cost
45 061
45 061
45 061
45 061
Free-cash
19 816
13 403
24 074
21 091

Estimated living cost  is ₽45061 per week

₽30497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59053
₽76355
₽73222
₽62134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 382
social contributions
-
-
-
25 520
total
-
-
-
28 902
Employee
29 994
-
100 432
-
social contributions
1 949
-
6 528
-
income
-
-
3 725
-
total
1 949
-
10 253
-
Employer
29 994
-
100 432
-
social contributions
4 649
-
15 568
-
total
4 649
-
15 568
-
Corporate
81 357
116 000
-
-
income
8 135
11 600
-
-
total
8 135
11 600
-
-
Dividends
73 221
104 400
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
14 733
11 600
25 821
28 902
After tax
101 267
104 400
90 179
87 098
Living cost
28 045
28 045
28 045
28 045
Free-cash
73 222
76 355
62 134
59 053

Estimated living cost  is ₽28045 per week

₽18133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25730
-₽86950
-₽86950
-₽86950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 736
labour market
-
-
-
9 215
national
-
-
-
12 651
pensions
-
-
-
807
total
-
-
-
45 409
Employee
189 346
189 346
189 346
-
pensions
269
269
269
-
labour market
15 126
15 126
15 126
-
national
23 132
23 132
23 132
-
municipal
40 320
40 320
40 320
-
total
78 847
78 847
78 847
-
Employer
189 346
189 346
189 346
-
municipal
40 384
40 384
40 384
-
labour market
15 148
15 148
15 148
-
national
23 172
23 172
23 172
-
pensions
538
538
538
-
total
79 242
79 242
79 242
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
158 089
158 089
158 089
45 409
After tax
-42 089
-42 089
-42 089
70 591
Living cost
44 861
44 861
44 861
44 861
Free-cash
-86 950
-86 950
-86 950
25 730

Estimated living cost  is ₽44861 per week

₽30703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59081
-₽11000
₽6267
₽40866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
29 969
total
-
-
-
36 523
Employee
32 084
-
101 453
-
health
3 674
-
11 616
-
pensions
3 613
-
7 179
-
income
4 402
-
21 397
-
total
11 689
-
40 192
-
Employer
32 084
-
101 453
-
accident
536
-
1 694
-
pensions
5 217
-
10 367
-
unemployment
786
-
2 485
-
total
6 539
-
14 546
-
Corporate
77 377
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.

69 639
104 400
-
-
total
69 639
104 400
-
-
Dividends
7 738
11 600
-
-
withholding
1 470
2 204
-
-
total
1 470
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
89 337
106 604
54 738
36 523
After tax
26 663
9 396
61 262
79 477
Living cost
20 396
20 396
20 396
20 396
Free-cash
6 267
-11 000
40 866
59 081

Estimated living cost  is ₽20396 per week

₽14846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44012
₽39575
₽39689
₽28104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 397
municipal
-
-
-
20 628
national
-
-
-
14 144
total
-
-
-
36 169
Employee
49 085
-
97 587
-
health
366
-
1 114
-
pensions
3 313
-
6 588
-
unemployment
737
-
1 464
-
national
811
-
8 581
-
municipal
8 040
-
15 917
-
total
13 267
-
33 664
-
Employer
49 085
-
97 587
-
health
377
-
751
-
accident
50
-
97
-
pensions
8 516
-
16 931
-
unemployment
319
-
634
-
total
9 262
-
18 413
-
Corporate
57 653
116 000
-
-
income
11 531
23 200
-
-
total
11 531
23 200
-
-
Dividends

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

34 592
69 600
-
-
national
205
4 878
-
-
municipal
6 227
12 528
-
-
total
6 432
17 406
-
-
Income
116 000
116 000
116 000
116 000
Total tax
40 492
40 606
52 077
36 169
After tax
75 508
75 394
63 923
79 831
Living cost
35 819
35 819
35 819
35 819
Free-cash
39 689
39 575
28 104
44 012

Estimated living cost  is ₽35819 per week

₽23397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59691
₽63178
₽58103
₽58451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 958
social contributions
-
-
-
15 095
income
-
-
-
16 655
total
-
-
-
34 708
Employee
71 741
71 741
106 007
-
health
556
1 220
1 802
-
social contributions
2 712
5 954
8 031
-
income
7 811
6 641
16 122
-
total
11 079
13 815
25 955
-
Employer
71 741
71 741
106 007
-
health
604
1 328
1 962
-
social contributions
2 712
5 954
8 031
-
total
3 316
7 282
9 993
-
Corporate
80 003
36 977
-
-
income
10 000
4 623
-
-
total
10 000
4 623
-
-
Dividends
70 004
32 354
-
-
withholding
11 901
5 501
-
-
total
11 901
5 501
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 296
31 221
35 948
34 708
After tax
79 704
84 779
80 052
81 292
Living cost
21 601
21 601
21 601
21 601
Free-cash
58 103
63 178
58 451
59 691

Estimated living cost  is ₽21601 per week

₽12946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80445
₽81246
₽76502
₽61731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 376
pensions
-
-
-
5 935
unemployment
-
-
-
27
income
-
-
-
11 404
total
-
-
-
20 742
Employee

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

21 415
-
106 882
-
health
1 820
-
7 525
-
pensions
3 212
-
13 279
-
unemployment
106
-
443
-
income
1 464
-
9 090
-
total
6 602
-
30 337
-
Employer

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

21 415
-
106 882
-
health
921
-
3 807
-
pensions
1 177
-
4 869
-
unemployment
106
-
443
-
total
2 204
-
9 119
-
Corporate
92 381
116 000
-
-
income
8 314
10 441
-
-
total
8 314
10 441
-
-
Dividends
84 067
105 559
-
-
withholding
7 565
9 500
-
-
total
7 565
9 500
-
-
Income
116 000
116 000
116 000
116 000
Total tax
24 685
19 941
39 456
20 742
After tax
91 315
96 059
76 544
95 258
Living cost
14 813
14 813
14 813
14 813
Free-cash
76 502
81 246
61 731
80 445

Estimated living cost  is ₽14813 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38690
₽52249
₽47557
₽34207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
25 710
total
-
-
-
51 654
Employee
34 497
-
88 432
-
pensions
1 622
-
4 065
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 651
-
23 077
-
total
8 842
-
28 569
-
Employer
34 497
-
88 432
-
accident
683
-
1 712
-
pensions
8 141
-
20 408
-
other
276
-
692
-
unemployment
1 898
-
4 756
-
total
10 998
-
27 568
-
Corporate
70 504
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.

10 575
17 400
-
-
total
10 575
17 400
-
-
Dividends
59 929
98 600
-
-
withholding
12 372
20 695
-
-
total
12 372
20 695
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 787
38 095
56 137
51 654
After tax
73 213
77 905
59 863
64 346
Living cost
25 656
25 656
25 656
25 656
Free-cash
47 557
52 249
34 207
38 690

Estimated living cost  is ₽25656 per week

₽17317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
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.
₽5423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72621
₽70633
₽70347
₽72495
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
926
pensions
-
-
-
1 277
income
-
-
-
39 425
total
-
-
-
41 628
Employee
2 667
-
114 563
-
health
133
-
319
-
pensions
240
-
575
-
unemployment
27
-
64
-
income
516
-
39 358
-
total
916
-
40 316
-
Employer
2 667
-
114 563
-
health
253
-
607
-
pensions
293
-
703
-
unemployment
53
-
128
-
total
599
-
1 438
-
Corporate
112 733
116 000
-
-
income
24 801
25 520
-
-
total
24 801
25 520
-
-
Dividends
87 931
90 480
-
-
withholding
17 586
18 096
-
-
total
17 586
18 096
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 902
43 616
41 754
41 628
After tax
72 098
72 384
74 246
74 372
Living cost
1 751
1 751
1 751
1 751
Free-cash
70 347
70 633
72 495
72 621

Estimated living cost  is ₽1751 per week

₽1041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48780
₽67709
₽63130
₽48780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 087
pensions
-
-
-
17 889
unemployment
-
-
-
1 032
income
-
-
-
25 111
total
-
-
-
51 119
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.

24 279
-
103 684
-
health
1 250
-
3 543
-
pensions
3 399
-
9 633
-
unemployment
182
-
516
-
income
3 347
-
25 111
-
total
8 178
-
38 803
-
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.

24 279
-
103 684
-
health
1 250
-
3 543
-
pensions
2 913
-
8 257
-
unemployment
182
-
516
-
total
4 345
-
12 316
-
Corporate
87 375
116 000
-
-
income
13 106
17 400
-
-
total
13 106
17 400
-
-
Dividends
74 269
98 600
-
-
withholding
11 140
14 790
-
-
total
11 140
14 790
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 769
32 190
51 119
51 119
After tax
79 231
83 810
64 881
64 881
Living cost
16 101
16 101
16 101
16 101
Free-cash
63 130
67 709
48 780
48 780

Estimated living cost  is ₽16101 per week

₽10841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38589
₽40828
₽40493
₽31280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
40 310
income
-
-
-
11 949
surtax
-
-
-
-
total
-
-
-
52 259
Employee
36 211
-
93 738
-
surtax
-
-
-
-
social contributions
3 984
-
10 311
-
income
7 075
-
26 995
-
total
11 059
-
37 306
-
Employer
36 211
-
93 738
-
social contributions
8 599
-
22 262
-
total
8 599
-
22 262
-
Corporate
71 190
116 000
-
-
surtax
-
-
-
-
income
14 950
24 360
-
-
total
14 950
24 360
-
-
Dividends
56 240
91 640
-
-
withholding
15 747
25 660
-
-
total
15 747
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 355
50 020
59 568
52 259
After tax
65 645
65 980
56 432
63 741
Living cost
25 152
25 152
25 152
25 152
Free-cash
40 493
40 828
31 280
38 589

Estimated living cost  is ₽25152 per week

₽17815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31557
₽45116
₽38203
₽27074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
25 710
total
-
-
-
51 654
Employee
45 058
-
88 432
-
pensions
2 117
-
4 065
-
unemployment
698
-
1 340
-
other
44
-
87
-
income
9 411
-
23 077
-
total
12 270
-
28 569
-
Employer
45 058
-
88 432
-
accident
892
-
1 712
-
pensions
10 634
-
20 408
-
other
361
-
692
-
unemployment
2 479
-
4 756
-
total
14 366
-
27 568
-
Corporate
56 576
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.

8 486
17 400
-
-
total
8 486
17 400
-
-
Dividends
48 090
98 600
-
-
withholding
9 886
20 695
-
-
total
9 886
20 695
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 008
38 095
56 137
51 654
After tax
70 992
77 905
59 863
64 346
Living cost
32 789
32 789
32 789
32 789
Free-cash
38 203
45 116
27 074
31 557

Estimated living cost  is ₽32789 per week

₽23547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73842
₽83126
₽77437
₽77869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
17 400
total
-
-
-
26 104
Employee
21 258
-
109 604
-
health
978
-
1 500
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
10 960
-
total
5 204
-
15 681
-
Employer
21 258
-
109 604
-
health
1 467
-
2 249
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 592
-
unemployment
128
-
196
-
total
4 172
-
6 396
-
Corporate
90 571
116 000
-
-
income
9 057
11 600
-
-
total
9 057
11 600
-
-
Dividends
81 514
104 400
-
-
withholding
4 076
5 220
-
-
total
4 076
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
22 509
16 820
22 077
26 104
After tax
93 491
99 180
93 923
89 896
Living cost
16 054
16 054
16 054
16 054
Free-cash
77 437
83 126
77 869
73 842

Estimated living cost  is ₽16054 per week

₽10618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽31012
₽23757
₽35965
₽41433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
10 421
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.

-
-
-
1 677
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.

-
-
-
30 497
total
-
-
-
48 969
Employee

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

46 421
-
116 000
-
health

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

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

6 374
-
6 374
-
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.

211
-
1 677
-
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.

3 817
-
30 497
-
total
10 402
-
38 548
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 579
116 000
-
-
trade
9 984
16 646
-
-
chamber of commerce
244
312
-
-
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.

574
958
-
-
income
10 437
17 400
-
-
total
21 239
35 316
-
-
Dividends
48 340
80 684
-
-
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.

644
1 091
-
-
withholding
11 731
19 817
-
-
total
12 375
20 908
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 016
56 224
38 548
48 969
After tax
71 984
59 776
77 452
67 031
Living cost
36 019
36 019
36 019
36 019
Free-cash
35 965
23 757
41 433
31 012

Estimated living cost  is ₽36019 per week

₽24847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21079
₽28054
₽30115
₽21079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 980
social contributions
-
-
-
10 795
total
-
-
-
41 775
Employee
72 979
-
116 000
-
social contributions
6 063
-
10 795
-
income
13 771
-
30 980
-
total
19 834
-
41 775
-
Employer
72 979
-
116 000
-
total
-
-
-
-
Corporate
43 021
116 000
-
-
income
5 377
14 500
-
-
total
5 377
14 500
-
-
Dividends
37 644
101 500
-
-
withholding
7 528
20 300
-
-
total
7 528
20 300
-
-
Income
116 000
116 000
116 000
116 000
Total tax
32 739
34 800
41 775
41 775
After tax
83 261
81 200
74 225
74 225
Living cost
53 146
53 146
53 146
53 146
Free-cash
30 115
28 054
21 079
21 079

Estimated living cost  is ₽53146 per week

₽40433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49764
₽36603
₽39865
₽51560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 557
health

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

-
-
-
5 812
total
-
-
-
32 369
Employee
42 799
-
111 708
-
social contributions
4 288
-
4 292
-
income
4 644
-
21 989
-
total
8 932
-
26 281
-
Employer
42 799
-
111 708
-
social contributions
4 288
-
4 292
-
total
4 288
-
4 292
-
Corporate
68 913
116 000
-
-
income
24 119
40 601
-
-
total
24 119
40 601
-
-
Dividends
44 794
75 399
-
-
social contributions
4 929
4 929
-
-
total
4 929
4 929
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 268
45 530
30 573
32 369
After tax
73 732
70 470
85 427
83 631
Living cost
33 867
33 867
33 867
33 867
Free-cash
39 865
36 603
51 560
49 764

Estimated living cost  is ₽33867 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45969
₽46542
₽47121
₽35206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 411
income
-
-
-
28 075
total
-
-
-
35 486
Employee
47 418
-
101 775
-
health
619
-
1 661
-
pensions
3 619
-
9 465
-
income
8 635
-
20 898
-
total
12 873
-
32 024
-
Employer
47 418
-
101 775
-
health
901
-
1 934
-
pensions
4 791
-
12 291
-
total
5 692
-
14 225
-
Corporate
62 890
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.

11 949
22 041
-
-
total
11 949
22 041
-
-
Dividends
50 941
93 959
-
-
withholding
3 820
12 872
-
-
total
3 820
12 872
-
-
Income
116 000
116 000
116 000
116 000
Total tax
34 334
34 913
46 249
35 486
After tax
81 666
81 087
69 751
80 514
Living cost
34 545
34 545
34 545
34 545
Free-cash
47 121
46 542
35 206
45 969

Estimated living cost  is ₽34545 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽57062
-₽13019
₽5959
₽38847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
29 969
total
-
-
-
36 523
Employee
35 260
-
101 453
-
health
4 037
-
11 616
-
pensions
3 970
-
7 179
-
income
4 837
-
21 397
-
total
12 844
-
40 192
-
Employer
35 260
-
101 453
-
accident
589
-
1 694
-
pensions
5 733
-
10 367
-
unemployment
864
-
2 485
-
total
7 186
-
14 546
-
Corporate
73 554
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.

66 199
104 400
-
-
total
66 199
104 400
-
-
Dividends
7 355
11 600
-
-
withholding
1 397
2 204
-
-
total
1 397
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
87 626
106 604
54 738
36 523
After tax
28 374
9 396
61 262
79 477
Living cost
22 415
22 415
22 415
22 415
Free-cash
5 959
-13 019
38 847
57 062

Estimated living cost  is ₽22415 per week

₽16450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53099
₽85006
₽80639
₽64474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health insurance
-
-
-
8 584
work injury
-
-
-
580
pensions
-
-
-
21 344
unemployment
-
-
-
1 392
income
-
-
-
18 393
total
-
-
-
50 293
Employee

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

20 172
-
116 000
-
pensions
3 712
-
13 733
-
work injury
101
-
373
-
unemployment
242
-
896
-
health insurance
1 493
-
5 523
-
income
2 017
-
18 393
-
total
7 565
-
38 918
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 828
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%.

958
1 160
-
-
total
958
1 160
-
-
Dividends
94 869
114 840
-
-
withholding
14 230
17 226
-
-
total
14 230
17 226
-
-
Income
116 000
116 000
116 000
116 000
Total tax
22 753
18 386
38 918
50 293
After tax
93 247
97 614
77 082
65 707
Living cost
12 608
12 608
12 608
12 608
Free-cash
80 639
85 006
64 474
53 099

Estimated living cost  is ₽12608 per week

₽7811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19471
₽23934
₽19690
₽14164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 525
municipal
-
-
-
775
social contributions
-
-
-
29 834
national
-
-
-
26 228
total
-
-
-
59 362
Employee
78 618
-
116 000
-
regional
1 187
-
2 161
-
national
13 286
-
22 701
-
social contributions
26 509
-
39 115
-
municipal
469
-
692
-
total
41 451
-
64 669
-
Employer
78 618
-
116 000
-
total
-
-
-
-
Corporate
37 382
116 000
-
-
nationa
8 971
27 841
-
-
municipal
1 802
5 591
-
-
total
10 773
33 432
-
-
Dividends
26 609
82 568
-
-
withholding
6 919
21 467
-
-
total
6 919
21 467
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 143
54 899
64 669
59 362
After tax
56 857
61 101
51 331
56 638
Living cost
37 167
37 167
37 167
37 167
Free-cash
19 690
23 934
14 164
19 471

Estimated living cost  is ₽37167 per week

₽26108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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