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
₽47909
₽37041
₽27990
₽39173
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
116 000
income

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

-
-
-
28 976
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.

-
-
-
6 905
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.

-
-
-
1 594
trade
-
-
-
10 868
total
-
-
-
48 343
Employee

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

38 661
-
116 000
-
income

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

1 080
-
28 976
-
surtax

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

59
-
1 594
-
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.

6 905
-
6 905
-
total
8 044
-
37 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 339
116 000
-
-
surtax

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

639
957
-
-
income
11 601
17 400
-
-
chamber of commerce
265
320
-
-
trade
12 181
18 271
-
-
total
24 686
36 948
-
-
Dividends
52 653
79 052
-
-
withholding
12 779
19 379
-
-
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.

702
1 067
-
-
total
13 481
20 446
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 211
57 394
37 475
48 343
After tax
69 789
58 606
78 525
67 657
Living cost
30 616
30 616
30 616
30 616
Free-cash
39 173
27 990
47 909
37 041

Estimated living cost  is ₽30616 per week

₽19259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16075
₽15163
₽17783
₽16875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
1 247
national
-
-
-
18 883
pensions
-
-
-
13 920
municipal
-
-
-
12 186
total
-
-
-
46 236
Employee
84 642
-
100 281
-
municipal
10 455
-
12 635
-
national
16 200
-
19 578
-
pensions
3 386
-
4 011
-
total
30 041
-
36 224
-
Employer
84 642
-
100 281
-
pensions
6 771
-
8 022
-
social contributions
910
-
1 078
-
total
7 681
-
9 100
-
Corporate
18 091
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%.

3 618
23 200
-
-
total
3 618
23 200
-
-
Dividends
14 472
92 800
-
-
withholding
3 184
20 416
-
-
total
3 184
20 416
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 524
43 616
45 324
46 236
After tax
71 476
72 384
70 676
69 764
Living cost
54 601
54 601
54 601
54 601
Free-cash
16 875
17 783
16 075
15 163

Estimated living cost  is ₽54601 per week

₽37112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽817
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44183
₽40727
₽71770
₽63480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
37 293
income
-
-
-
16 951
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
54 244
Employee
29 536
-
93 480
-
social contributions

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

3 249
-
10 283
-
income
5 258
-
17 985
-
surtax
-
-
-
-
total
8 507
-
28 268
-
Employer
29 536
-
93 480
-
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.

7 115
-
22 520
-
total
7 115
-
22 520
-
Corporate
79 349
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%.

15 869
23 201
-
-
total
15 869
23 201
-
-
Dividends

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

63 480
92 799
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
31 491
23 201
50 788
54 244
After tax
84 509
92 799
65 212
61 756
Living cost
21 029
21 029
21 029
21 029
Free-cash
63 480
71 770
44 183
40 727

Estimated living cost  is ₽21029 per week

₽13416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2003
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.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18423
₽23912
₽14163
₽7968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 437
health
-
-
-
12 464
pensions
-
-
-
11 843
total
-
-
-
49 744
Employee
86 319
86 319
98 713
-
income

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

14 129
14 129
14 129
-
health
13 249
11 269
11 975
-
pensions
15 537
11 843
11 843
-
total
42 915
37 241
37 947
-
Employer
86 319
86 319
98 713
-
unemployment
3 107
3 107
3 554
-
pensions
6 008
6 008
6 871
-
health
6 000
6 000
6 861
-
total
15 115
15 115
17 286
-
Corporate
15 625
14 566
-
-
income
3 125
2 914
-
-
total
3 125
2 914
-
-
Dividends
12 500
11 652
-
-
withholding
1 876
1 747
-
-
income
2 657
2 476
-
-
total
4 533
4 223
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 688
59 493
55 233
49 744
After tax
50 312
56 507
60 767
66 256
Living cost
42 344
42 344
42 344
42 344
Free-cash
7 968
14 163
18 423
23 912

Estimated living cost  is ₽42344 per week

₽30008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20373
₽21288
₽22528
₽21613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
179
national
-
-
-
1 129
health
-
-
-
5 581
unemployment
-
-
-
89
other
-
-
-
10 393
pensions
-
-
-
9 668
municipal
-
-
-
26 865
total
-
-
-
53 904
Employee
58 147
-
88 267
-
municipal
17 339
-
26 321
-
national
-
-
764
-
total
17 339
-
27 085
-
Employer
58 147
-
88 267
-
other
6 757
-
10 257
-
unemployment
1 535
-
2 330
-
pensions
6 286
-
9 542
-
health
3 576
-
5 428
-
accident
116
-
177
-
total
18 270
-
27 734
-
Corporate
39 583
116 000
-
-
income
8 708
25 520
-
-
total
8 708
25 520
-
-
Dividends
30 875
90 480
-
-
withholding
9 262
27 144
-
-
total
9 262
27 144
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 579
52 664
54 819
53 904
After tax
62 421
63 336
61 181
62 096
Living cost
40 808
40 808
40 808
40 808
Free-cash
21 613
22 528
20 373
21 288

Estimated living cost  is ₽40808 per week

₽27046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38816
₽27464
₽18303
₽32504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
116 000
income

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

-
-
-
28 976
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.

-
-
-
6 905
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.

-
-
-
1 594
trade
-
-
-
11 352
total
-
-
-
48 827
Employee

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

51 260
-
116 000
-
income

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

4 404
-
28 976
-
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.

242
-
1 594
-
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.

6 905
-
6 905
-
total
11 551
-
37 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 740
116 000
-
-
surtax

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

533
957
-
-
income
9 712
17 400
-
-
chamber of commerce
246
318
-
-
trade
10 650
19 082
-
-
total
21 141
37 757
-
-
Dividends
43 600
78 242
-
-
withholding
10 516
19 176
-
-
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.

579
1 055
-
-
total
11 095
20 231
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 787
57 988
37 475
48 827
After tax
72 213
58 012
78 525
67 173
Living cost
39 709
39 709
39 709
39 709
Free-cash
32 504
18 303
38 816
27 464

Estimated living cost  is ₽39709 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4187
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.
₽8371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47407
₽48688
₽52040
₽47849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 354
income
-
-
-
15 215
health
-
-
-
2 958
total
-
-
-
34 527
Employee
77 726
77 726
105 350
-
social contributions
3 777
6 451
8 701
-
income
8 162
7 195
14 665
-
health
773
1 322
1 792
-
total
12 712
14 968
25 158
-
Employer
77 726
77 726
105 350
-
health
842
1 439
1 949
-
social contributions
3 777
6 451
8 701
-
total
4 619
7 890
10 650
-
Corporate
65 884
30 384
-
-
income
8 235
3 798
-
-
total
8 235
3 798
-
-
Dividends
57 649
26 586
-
-
withholding
9 800
4 519
-
-
total
9 800
4 519
-
-
Income
116 000
116 000
116 000
116 000
Total tax
35 366
31 175
35 808
34 527
After tax
80 634
84 825
80 192
81 473
Living cost
32 785
32 785
32 785
32 785
Free-cash
47 849
52 040
47 407
48 688

Estimated living cost  is ₽32785 per week

₽22412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47382
₽60495
₽45460
₽45874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

28 675
11 412
97 071
-
income
3 505
1 395
11 867
-
health
2 007
799
6 795
-
pensions
2 867
1 141
9 707
-
unemployment
430
171
1 456
-
total
8 809
3 506
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.

28 675
11 412
97 071
-
pensions
5 592
2 225
18 929
-
total
5 592
2 225
18 929
-
Corporate
81 734
102 363
-
-
income
7 356
9 213
-
-
total
7 356
9 213
-
-
Dividends
74 378
93 150
-
-
withholding
14 132
17 698
-
-
social contributions
14 373
18 034
-
-
total
28 505
35 732
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 262
50 676
48 754
35 641
After tax
65 738
65 324
67 246
80 359
Living cost
19 864
19 864
19 864
19 864
Free-cash
45 874
45 460
47 382
60 495

Estimated living cost  is ₽19864 per week

₽13556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42447
₽37760
₽68384
₽62107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
15 543
health
-
-
-
15 081
pensions
-
-
-
23 201
total
-
-
-
53 825
Employee
28 675
-
86 694
-
income
3 228
-
16 715
-
pensions
574
-
1 734
-
unemployment
458
-
1 387
-
total
4 260
-
19 836
-
Employer
28 675
-
86 694
-
unemployment
230
-
694
-
pensions
5 735
-
17 339
-
health
3 727
-
11 269
-
total
9 692
-
29 302
-
Corporate
77 632
116 000
-
-
income
15 526
23 201
-
-
total
15 526
23 201
-
-
Dividends
62 107
92 799
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
29 478
23 201
49 138
53 825
After tax
86 522
92 799
66 862
62 175
Living cost
24 415
24 415
24 415
24 415
Free-cash
62 107
68 384
42 447
37 760

Estimated living cost  is ₽24415 per week

₽16746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38636
₽57317
-₽12808
₽5990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
29 450
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
36 479
Employee
34 928
-
100 731
-
income
4 792
-
20 658
-
health
3 999
-
11 533
-
pensions
3 933
-
7 700
-
total
12 724
-
39 891
-
Employer
34 928
-
100 731
-
unemployment
856
-
2 468
-
pensions
5 680
-
11 119
-
accident
583
-
1 682
-
total
7 119
-
15 269
-
Corporate
73 953
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.

66 558
104 400
-
-
total
66 558
104 400
-
-
Dividends
7 395
11 600
-
-
withholding
1 405
2 204
-
-
total
1 405
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
87 806
106 604
55 160
36 479
After tax
28 194
9 396
60 840
79 521
Living cost
22 204
22 204
22 204
22 204
Free-cash
5 990
-12 808
38 636
57 317

Estimated living cost  is ₽22204 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84183
₽106223
₽101583
₽99968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 770
-
116 000
-
income
2 154
-
23 200
-
total
2 154
-
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%.

105 230
116 000
-
-
total
-
-
-
-
Dividends
105 230
116 000
-
-
withholding
5 261
5 800
-
-
total
5 261
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
7 415
5 800
23 200
1 160
After tax
108 585
110 200
92 800
114 840
Living cost
8 617
8 617
8 617
8 617
Free-cash
99 968
101 583
84 183
106 223

Estimated living cost  is ₽8617 per week

₽5340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40304
₽35504
₽58293
₽51466
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
15 110
health
-
-
-
5 104
other
-
-
-
5 509
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
total
-
-
-
53 562
Employee
36 701
-
92 654
-
income
6 319
-
16 709
-
health
514
-
1 297
-
pensions

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

2 568
-
6 485
-
unemployment
366
-
926
-
total
9 767
-
25 417
-
Employer
36 701
-
92 654
-
other
1 836
-
4 632
-
unemployment
366
-
926
-
pensions

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

6 240
-
15 750
-
health
514
-
1 297
-
accident
293
-
740
-
total
9 249
-
23 345
-
Corporate
70 049
116 000
-
-
income
14 711
24 359
-
-
total
14 711
24 359
-
-
Dividends
55 339
91 641
-
-
withholding
3 873
6 414
-
-
total
3 873
6 414
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 600
30 773
48 762
53 562
After tax
78 400
85 227
67 238
62 438
Living cost
26 934
26 934
26 934
26 934
Free-cash
51 466
58 293
40 304
35 504

Estimated living cost  is ₽26934 per week

₽19030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3029
₽13759
₽14823
₽5092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
26 486
pensions
-
-
-
7 876
total
-
-
-
34 362
Employee
96 039
-
101 913
-
income
17 312
-
19 333
-
health
1 583
-
1 703
-
pensions
9 265
-
9 969
-
total
28 160
-
31 005
-
Employer
96 039
-
101 913
-
pensions
11 339
-
12 151
-
health
1 824
-
1 936
-
total
13 163
-
14 087
-
Corporate
6 797
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.

1 292
22 040
-
-
total
1 292
22 040
-
-
Dividends
5 505
93 960
-
-
withholding
414
11 258
-
-
total
414
11 258
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 029
33 298
45 092
34 362
After tax
72 971
82 702
70 908
81 638
Living cost
67 879
67 879
67 879
67 879
Free-cash
5 092
14 823
3 029
13 759

Estimated living cost  is ₽67879 per week

₽50863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80032
₽76134
₽86052
₽81402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
17 400
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

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

-
-
-
5 176
total
-
-
-
26 738
Employee
17 384
-
109 138
-
income
1 738
-
10 913
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
health
800
-
1 609
-
pensions

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

1 526
-
3 071
-
total
4 255
-
15 978
-
Employer
17 384
-
109 138
-
unemployment
104
-
210
-
pensions

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

1 916
-
3 854
-
health
1 200
-
2 413
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
total
3 411
-
6 862
-
Corporate
95 205
116 000
-
-
income
9 520
11 600
-
-
total
9 520
11 600
-
-
Dividends
85 685
104 400
-
-
withholding
4 284
5 220
-
-
total
4 284
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
21 470
16 820
22 840
26 738
After tax
94 530
99 180
93 160
89 262
Living cost
13 128
13 128
13 128
13 128
Free-cash
81 402
86 052
80 032
76 134

Estimated living cost  is ₽13128 per week

₽7664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4716
₽10205
₽456
₽2997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 437
health
-
-
-
12 464
pensions
-
-
-
11 843
total
-
-
-
49 744
Employee
93 714
86 319
98 713
-
income

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

14 129
14 129
14 129
-
health
11 691
11 269
11 975
-
pensions
11 843
11 843
11 843
-
total
37 663
37 241
37 947
-
Employer
93 714
86 319
98 713
-
unemployment
3 374
3 107
3 554
-
pensions
6 522
6 008
6 871
-
health
6 512
6 000
6 861
-
total
16 408
15 115
17 286
-
Corporate
5 878
14 566
-
-
income
1 176
2 914
-
-
total
1 176
2 914
-
-
Dividends
4 702
11 652
-
-
withholding
706
1 747
-
-
income
999
2 476
-
-
total
1 705
4 223
-
-
Income
116 000
116 000
116 000
116 000
Total tax
56 952
59 493
55 233
49 744
After tax
59 048
56 507
60 767
66 256
Living cost
56 051
56 051
56 051
56 051
Free-cash
2 997
456
4 716
10 205

Estimated living cost  is ₽56051 per week

₽41347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽643
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33628
₽31261
₽54629
₽45626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 872
income
-
-
-
9 970
health
-
-
-
15 660
solidarity contribution
-
-
-
-
total
-
-
-
59 502
Employee
37 113
-
86 567
-
social contributions
2 412
-
5 627
-
income
4 454
-
10 388
-
health
5 010
-
11 687
-
solidarity contribution
-
-
-
-
total
11 876
-
27 702
-
Employer
37 113
-
86 567
-
health
3 340
-
7 791
-
social contributions
9 278
-
21 642
-
total
12 618
-
29 433
-
Corporate
66 268
116 000
-
-
income
12 591
22 040
-
-
total
12 591
22 040
-
-
Dividends
53 677
93 960
-
-
withholding
8 052
14 094
-
-
total
8 052
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 137
36 134
57 135
59 502
After tax
70 863
79 866
58 865
56 498
Living cost
25 237
25 237
25 237
25 237
Free-cash
45 626
54 629
33 628
31 261

Estimated living cost  is ₽25237 per week

₽17530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10312
₽15834
₽19239
₽13961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 836
national
-
-
-
25 683
regional
-
-
-
1 306
municipal
-
-
-
689
total
-
-
-
57 514
Employee
89 834
-
116 000
-
social contributions
30 292
-
39 116
-
municipal
476
-
616
-
regional
848
-
1 147
-
national
15 566
-
22 157
-
total
47 182
-
63 036
-
Employer
89 834
-
116 000
-
total
-
-
-
-
Corporate
26 166
116 000
-
-
nationa
6 280
27 841
-
-
municipal
1 020
4 523
-
-
total
7 300
32 364
-
-
Dividends
18 865
83 636
-
-
withholding
4 905
21 745
-
-
total
4 905
21 745
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 387
54 109
63 036
57 514
After tax
56 613
61 891
52 964
58 486
Living cost
42 652
42 652
42 652
42 652
Free-cash
13 961
19 239
10 312
15 834

Estimated living cost  is ₽42652 per week

₽29732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33253
₽35159
₽50658
₽47513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 755
health
-
-
-
8 237
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
23 201
surtax
-
-
-
3 113
total
-
-
-
58 536
Employee
33 427
-
95 828
-
income
5 603
-
21 952
-
surtax
109
-
2 814
-
health
854
-
2 444
-
pensions
2 229
-
6 391
-
unemployment
2 327
-
6 670
-
other
-
-
-
-
total
11 122
-
40 271
-
Employer
33 427
-
95 828
-
other
-
-
-
-
unemployment
1 059
-
3 038
-
pensions
4 456
-
12 773
-
health
1 521
-
4 360
-
total
7 036
-
20 171
-
Corporate
75 537
116 000
-
-
income
19 640
30 160
-
-
total
19 640
30 160
-
-
Dividends
55 897
85 840
-
-
withholding
8 384
12 877
-
-
total
8 384
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 182
43 037
60 442
58 536
After tax
69 818
72 963
55 558
57 464
Living cost
22 305
22 305
22 305
22 305
Free-cash
47 513
50 658
33 253
35 159

Estimated living cost  is ₽22305 per week

₽13638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24534
₽35264
₽36328
₽32553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
26 486
pensions
-
-
-
7 876
total
-
-
-
34 362
Employee
64 363
-
101 913
-
income
11 592
-
19 333
-
health
934
-
1 703
-
pensions
5 463
-
9 969
-
total
17 989
-
31 005
-
Employer
64 363
-
101 913
-
pensions
6 967
-
12 151
-
health
1 223
-
1 936
-
total
8 190
-
14 087
-
Corporate
43 447
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.

8 255
22 040
-
-
total
8 255
22 040
-
-
Dividends
35 192
93 960
-
-
withholding
2 640
11 258
-
-
total
2 640
11 258
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 074
33 298
45 092
34 362
After tax
78 926
82 702
70 908
81 638
Living cost
46 373
46 373
46 373
46 373
Free-cash
32 553
36 328
24 534
35 264

Estimated living cost  is ₽46373 per week

₽34743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3476
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.
₽7669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11164
₽16922
-₽26316
₽7639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 223
health
-
-
-
261
national
-
-
-
929
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.

-
-
-
2 320
pensions
-
-
-
10 672
regional
-
-
-
4 313
total
-
-
-
19 718
Employee
92 872
-
103 825
-
regional
3 041
-
3 681
-
health
210
-
234
-
national
440
-
691
-
pensions
7 802
-
8 722
-
unemployment
-
-
-
-
city
997
-
1 115
-
total
12 490
-
14 443
-
Employer
92 872
-
103 825
-
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.

1 857
-
2 077
-
unemployment
-
-
-
-
pensions
7 802
-
8 722
-
health
210
-
234
-
total
9 869
-
11 033
-
Corporate
12 238
116 000
-
-
regional
2 589
24 535
-
-
national
1 040
9 859
-
-
total
3 629
34 394
-
-
Dividends
8 610
81 606
-
-
withholding
3 013
28 562
-
-
total
3 013
28 562
-
-
Income
116 000
116 000
116 000
116 000
Total tax
29 001
62 956
25 476
19 718
After tax
86 999
53 044
90 524
96 282
Living cost
79 360
79 360
79 360
79 360
Free-cash
7 639
-26 316
11 164
16 922

Estimated living cost  is ₽79360 per week

₽51607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽974
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽32220
₽20387
₽11109
₽27499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
116 000
income

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

-
-
-
28 976
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.

-
-
-
6 905
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.

-
-
-
1 594
trade
-
-
-
11 833
total
-
-
-
49 308
Employee

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

60 748
-
116 000
-
income

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

7 143
-
28 976
-
surtax

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

393
-
1 594
-
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.

6 905
-
6 905
-
total
14 441
-
37 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 252
116 000
-
-
surtax

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

457
957
-
-
income
8 289
17 400
-
-
chamber of commerce
232
317
-
-
trade
9 476
19 894
-
-
total
18 454
38 568
-
-
Dividends
36 800
77 433
-
-
withholding
8 816
18 975
-
-
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.

485
1 043
-
-
total
9 301
20 018
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 196
58 586
37 475
49 308
After tax
73 804
57 414
78 525
66 692
Living cost
46 305
46 305
46 305
46 305
Free-cash
27 499
11 109
32 220
20 387

Estimated living cost  is ₽46305 per week

₽33820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36034
₽31792
₽23879
₽29854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 305
income
-
-
-
13 158
health
-
-
-
2 967
other
-
-
-
3 597
pensions
-
-
-
26 598
surtax
-
-
-
-
total
-
-
-
49 625
Employee
43 261
-
93 195
-
social contributions
1 233
-
2 657
-
income
2 553
-
14 929
-
surtax
-
-
-
-
pensions
4 891
-
4 991
-
total
8 677
-
22 577
-
Employer
43 261
-
93 195
-
other
1 492
-
3 215
-
unemployment
1 751
-
3 775
-
pensions
7 107
-
8 673
-
health
3 029
-
6 863
-
social contributions
130
-
280
-
total
13 509
-
22 806
-
Corporate
59 229
116 000
-
-
surtax
-
-
-
-
income
16 585
32 481
-
-
total
16 585
32 481
-
-
Dividends
42 645
83 519
-
-
withholding
5 459
10 690
-
-
surtax
-
-
-
-
social contributions
7 333
14 367
-
-
total
12 792
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 563
57 538
45 383
49 625
After tax
64 437
58 462
70 617
66 375
Living cost
34 583
34 583
34 583
34 583
Free-cash
29 854
23 879
36 034
31 792

Estimated living cost  is ₽34583 per week

₽21806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39460
₽35218
₽27305
₽32922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 305
income
-
-
-
13 158
health
-
-
-
2 967
other
-
-
-
3 597
pensions
-
-
-
26 598
surtax
-
-
-
-
total
-
-
-
49 625
Employee
38 616
-
93 195
-
social contributions
1 101
-
2 657
-
income
1 991
-
14 929
-
surtax
-
-
-
-
pensions
4 368
-
4 991
-
total
7 460
-
22 577
-
Employer
38 616
-
93 195
-
other
1 333
-
3 215
-
unemployment
1 563
-
3 775
-
pensions
6 345
-
8 673
-
health
2 703
-
6 863
-
social contributions
115
-
280
-
total
12 059
-
22 806
-
Corporate
65 324
116 000
-
-
surtax
-
-
-
-
income
18 290
32 481
-
-
total
18 290
32 481
-
-
Dividends
47 034
83 519
-
-
withholding
6 021
10 690
-
-
surtax
-
-
-
-
social contributions
8 091
14 367
-
-
total
14 112
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 921
57 538
45 383
49 625
After tax
64 079
58 462
70 617
66 375
Living cost
31 157
31 157
31 157
31 157
Free-cash
32 922
27 305
39 460
35 218

Estimated living cost  is ₽31157 per week

₽18069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52492
₽53062
₽49337
₽49861
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 007
income
-
-
-
17 400
health
-
-
-
8 097
total
-
-
-
41 504
Employee
34 272
-
116 000
-
social contributions
4 730
-
16 007
-
income
5 716
-
17 970
-
health
2 392
-
8 097
-
total
12 838
-
42 074
-
Employer
34 272
-
116 000
-
total
-
-
-
-
Corporate
81 728
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%.

4 086
5 801
-
-
total
4 086
5 801
-
-
Dividends
77 642
110 199
-
-
health
5 419
7 692
-
-
withholding
11 647
16 529
-
-
social contributions
10 715
15 207
-
-
total
27 781
39 428
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 705
45 229
42 074
41 504
After tax
71 295
70 771
73 926
74 496
Living cost
21 434
21 434
21 434
21 434
Free-cash
49 861
49 337
52 492
53 062

Estimated living cost  is ₽21434 per week

₽14344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2343
₽21893
₽29161
₽27595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 292
health
-
-
-
8 874
unemployment
-
-
-
6 200
pensions
-
-
-
21 461
surtax
-
-
-
199
chamber of commerce
-
-
-
464
total
-
-
-
58 490
Employee
50 515
40 282
89 924
-
income
5 751
2 971
18 844
-
health
1 955
1 559
3 480
-
pensions
5 173
4 124
9 207
-
unemployment
1 515
1 208
2 697
-
other
504
403
900
-
total
14 898
10 265
35 128
-
Employer
50 515
40 282
89 924
-
other
2 400
1 912
4 270
-
surtax
199
199
199
-
unemployment
1 515
1 208
2 697
-
pensions
6 340
5 056
11 285
-
payroll
1 515
1 208
2 697
-
health
1 909
1 523
3 399
-
accident
656
524
1 168
-
chamber of commerce
201
161
361
-
total
14 735
11 791
26 076
-
Corporate
50 749
63 925
86 088
-
income

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

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

12 687
15 980
21 522
-
total
12 687
15 980
21 522
-
Dividends
38 062
47 945
-
-
withholding
10 468
13 186
-
-
total
10 468
13 186
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 788
51 222
82 726
58 490
After tax
63 212
64 778
33 274
57 510
Living cost
35 617
35 617
35 617
35 617
Free-cash
27 595
29 161
-2 343
21 893

Estimated living cost  is ₽35617 per week

₽23755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7448
₽15919
₽28148
₽12988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 645
national
-
-
-
38 740
communal

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

-
-
-
5 841
total
-
-
-
63 226
Employee

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

72 303
-
89 844
-
communal

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

3 771
-
4 686
-
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.

3 397
-
4 224
-
national
22 229
-
29 112
-
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.

5 423
-
6 739
-
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.

629
-
781
-
total
35 449
-
45 542
-
Employer

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

72 303
-
89 844
-
surtax
8 198
-
10 189
-
unemployment

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

1 055
-
1 312
-
pensions

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

6 407
-
7 960
-
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.

4 446
-
5 526
-
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.

940
-
1 168
-
total
21 046
-
26 155
-
Corporate
22 650
116 000
-
-
surtax
90
464
-
-
income
4 531
23 201
-
-
total
4 621
23 665
-
-
Dividends
18 029
92 335
-
-
withholding

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

5 041
27 332
-
-
total
5 041
27 332
-
-
Income
116 000
116 000
116 000
116 000
Total tax
66 157
50 997
71 697
63 226
After tax
49 843
65 003
44 303
52 774
Living cost
36 855
36 855
36 855
36 855
Free-cash
12 988
28 148
7 448
15 919

Estimated living cost  is ₽36855 per week

₽23740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽23634
₽27113
₽41566
₽33567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
844
income
-
-
-
24 276
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
52 383
Employee
50 315
-
87 958
-
income
10 616
-
22 233
-
pensions
2 365
-
4 134
-
unemployment
781
-
1 364
-
other
50
-
88
-
total
13 812
-
27 819
-
Employer
50 315
-
87 958
-
other
401
-
704
-
unemployment
2 768
-
4 838
-
pensions
11 874
-
20 759
-
accident
996
-
1 742
-
total
16 039
-
28 043
-
Corporate
49 647
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.

7 446
17 400
-
-
total
7 446
17 400
-
-
Dividends
42 200
98 600
-
-
withholding
8 632
20 530
-
-
total
8 632
20 530
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 929
37 930
55 862
52 383
After tax
70 071
78 070
60 138
63 617
Living cost
36 504
36 504
36 504
36 504
Free-cash
33 567
41 566
23 634
27 113

Estimated living cost  is ₽36504 per week

₽26882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13995
₽9269
₽15498
₽7892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
978
income
-
-
-
12 206
health
-
-
-
8 148
communal
-
-
-
7 331
pensions
-
-
-
17 386
surtax
-
-
-
5 751
total
-
-
-
51 800
Employee
76 547
-
103 616
-
income
7 394
-
15 445
-
surtax
4 692
-
6 351
-
health
3 407
-
4 609
-
pensions
6 123
-
8 289
-
total
21 616
-
34 694
-
Employer
76 547
-
103 616
-
pensions
6 123
-
8 289
-
health
2 334
-
3 159
-
accident
689
-
932
-
total
9 146
-
12 380
-
Corporate
30 307
116 000
-
-
surtax
318
1 218
-
-
income
4 546
17 400
-
-
communal
-
7 830
-
-
total
4 864
26 448
-
-
Dividends
25 442
89 552
-
-
withholding
3 817
13 433
-
-
income
13 734
5 690
-
-
total
17 551
19 123
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 177
45 571
47 074
51 800
After tax
62 823
70 429
68 926
64 200
Living cost
54 931
54 931
54 931
54 931
Free-cash
7 892
15 498
13 995
9 269

Estimated living cost  is ₽54931 per week

₽41207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32854
₽34760
₽50259
₽47044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 755
health
-
-
-
8 237
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
23 201
surtax
-
-
-
3 113
total
-
-
-
58 536
Employee
34 040
-
95 828
-
income
5 707
-
21 952
-
surtax
121
-
2 814
-
health
869
-
2 444
-
pensions
2 271
-
6 391
-
unemployment
2 369
-
6 670
-
other
-
-
-
-
total
11 337
-
40 271
-
Employer
34 040
-
95 828
-
other
-
-
-
-
unemployment
1 080
-
3 038
-
pensions
4 538
-
12 773
-
health
1 548
-
4 360
-
total
7 166
-
20 171
-
Corporate
74 793
116 000
-
-
income
19 447
30 160
-
-
total
19 447
30 160
-
-
Dividends
55 347
85 840
-
-
withholding
8 302
12 877
-
-
total
8 302
12 877
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 252
43 037
60 442
58 536
After tax
69 748
72 963
55 558
57 464
Living cost
22 704
22 704
22 704
22 704
Free-cash
47 044
50 259
32 854
34 760

Estimated living cost  is ₽22704 per week

₽13707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
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.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25322
₽30815
₽33742
₽31498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 836
national
-
-
-
25 683
regional
-
-
-
1 748
municipal
-
-
-
689
total
-
-
-
57 956
Employee
56 071
-
116 000
-
social contributions
18 908
-
39 116
-
municipal
297
-
616
-
regional
755
-
1 560
-
national
8 883
-
22 157
-
total
28 843
-
63 449
-
Employer
56 071
-
116 000
-
total
-
-
-
-
Corporate
59 929
116 000
-
-
nationa
14 383
27 841
-
-
municipal
2 979
5 766
-
-
total
17 362
33 607
-
-
Dividends
42 568
82 393
-
-
withholding
11 068
21 422
-
-
total
11 068
21 422
-
-
Income
116 000
116 000
116 000
116 000
Total tax
57 273
55 029
63 449
57 956
After tax
58 727
60 971
52 551
58 044
Living cost
27 229
27 229
27 229
27 229
Free-cash
31 498
33 742
25 322
30 815

Estimated living cost  is ₽27229 per week

₽16934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27766
₽25399
₽48767
₽37673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 872
income
-
-
-
9 970
health
-
-
-
15 660
solidarity contribution
-
-
-
-
total
-
-
-
59 502
Employee
45 733
-
86 567
-
social contributions
2 973
-
5 627
-
income
5 488
-
10 388
-
health
6 174
-
11 687
-
solidarity contribution
-
-
-
-
total
14 635
-
27 702
-
Employer
45 733
-
86 567
-
health
4 116
-
7 791
-
social contributions
11 433
-
21 642
-
total
15 549
-
29 433
-
Corporate
54 718
116 000
-
-
income
10 396
22 040
-
-
total
10 396
22 040
-
-
Dividends
44 321
93 960
-
-
withholding
6 648
14 094
-
-
total
6 648
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
47 228
36 134
57 135
59 502
After tax
68 772
79 866
58 865
56 498
Living cost
31 099
31 099
31 099
31 099
Free-cash
37 673
48 767
27 766
25 399

Estimated living cost  is ₽31099 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1057
₽25461
₽32639
₽32137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 292
health
-
-
-
8 874
unemployment
-
-
-
6 200
pensions
-
-
-
21 461
surtax
-
-
-
-
chamber of commerce
-
-
-
464
total
-
-
-
58 291
Employee
44 185
40 282
90 078
-
income
3 936
2 971
18 896
-
health
1 709
1 559
3 485
-
pensions
4 525
4 124
9 225
-
unemployment
1 325
1 208
2 703
-
other
441
403
902
-
total
11 936
10 265
35 211
-
Employer
44 185
40 282
90 078
-
other
2 099
1 912
4 278
-
surtax
-
-
-
-
unemployment
1 325
1 208
2 703
-
pensions
5 545
5 056
11 304
-
payroll
1 325
1 208
2 703
-
health
1 671
1 523
3 405
-
accident
574
524
1 170
-
chamber of commerce
176
161
361
-
total
12 715
11 592
25 924
-
Corporate
59 099
64 124
86 241
-
income

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

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

14 774
16 030
21 560
-
total
14 774
16 030
21 560
-
Dividends
44 325
48 094
-
-
withholding
12 190
13 226
-
-
total
12 190
13 226
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 615
51 113
82 695
58 291
After tax
64 385
64 887
33 305
57 709
Living cost
32 248
32 248
32 248
32 248
Free-cash
32 137
32 639
1 057
25 461

Estimated living cost  is ₽32248 per week

₽19345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79373
₽101413
₽96773
₽94255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 784
-
116 000
-
income
3 357
-
23 200
-
total
3 357
-
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%.

99 216
116 000
-
-
total
-
-
-
-
Dividends
99 216
116 000
-
-
withholding
4 961
5 800
-
-
total
4 961
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
8 318
5 800
23 200
1 160
After tax
107 682
110 200
92 800
114 840
Living cost
13 427
13 427
13 427
13 427
Free-cash
94 255
96 773
79 373
101 413

Estimated living cost  is ₽13427 per week

₽9086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽564
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.
₽3327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28927
₽32249
₽52753
₽44298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
116 000
income
-
-
-
23 865
health
-
-
-
11 415
unemployment
-
-
-
175
pensions
-
-
-
21 184
total
-
-
-
56 639
Employee

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

44 698
-
100 372
-
income
7 708
-
22 153
-
health
2 887
-
6 483
-
pensions
6 929
-
15 558
-
unemployment
63
-
140
-
total
17 587
-
44 334
-
Employer

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

44 698
-
100 372
-
unemployment
27
-
59
-
pensions
3 955
-
8 883
-
health
2 977
-
6 685
-
total
6 959
-
15 627
-
Corporate
64 343
116 000
-
-
income
12 225
22 040
-
-
total
12 225
22 040
-
-
Dividends
52 118
93 960
-
-
withholding
7 819
14 095
-
-
total
7 819
14 095
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 590
36 135
59 961
56 639
After tax
71 410
79 865
56 039
59 361
Living cost
27 112
27 112
27 112
27 112
Free-cash
44 298
52 753
28 927
32 249

Estimated living cost  is ₽27112 per week

₽18606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53489
₽32260
₽22669
-₽49539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
68 688
-
-
-
social contributions
5 632
-
803
-
income
15 151
-
-
-
total
20 783
-
803
-
Employer
68 688
-
-
-
social contributions
96 851
-
13 803
-
total
96 851
-
13 803
-
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
117 634
45 426
14 606
35 835
After tax
-1 634
70 574
101 394
80 165
Living cost
47 905
47 905
47 905
47 905
Free-cash
-49 539
22 669
53 489
32 260

Estimated living cost  is ₽47905 per week

₽31082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25606
₽32452
₽34275
₽33257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 311
income
-
-
-
11 531
surtax
-
-
-
-
total
-
-
-
51 842
Employee
46 489
-
93 737
-
social contributions
5 114
-
10 310
-
income
9 670
-
26 115
-
surtax
-
-
-
-
total
14 784
-
36 425
-
Employer
46 489
-
93 737
-
social contributions
11 041
-
22 263
-
total
11 041
-
22 263
-
Corporate
58 470
116 000
-
-
surtax
-
-
-
-
income
12 278
24 359
-
-
total
12 278
24 359
-
-
Dividends
46 191
91 641
-
-
withholding
12 934
25 660
-
-
total
12 934
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 037
50 019
58 688
51 842
After tax
64 963
65 981
57 312
64 158
Living cost
31 706
31 706
31 706
31 706
Free-cash
33 257
34 275
25 606
32 452

Estimated living cost  is ₽31706 per week

₽23722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21797
₽17555
₽9642
₽16589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 305
income
-
-
-
13 158
health
-
-
-
2 967
other
-
-
-
3 597
pensions
-
-
-
26 598
surtax
-
-
-
-
total
-
-
-
49 625
Employee
63 309
-
93 195
-
social contributions
1 803
-
2 657
-
income
5 524
-
14 929
-
surtax
-
-
-
-
pensions
7 161
-
4 991
-
total
14 488
-
22 577
-
Employer
63 309
-
93 195
-
other
2 185
-
3 215
-
unemployment
2 565
-
3 775
-
pensions
10 402
-
8 673
-
health
4 431
-
6 863
-
social contributions
190
-
280
-
total
19 773
-
22 806
-
Corporate
32 919
116 000
-
-
surtax
-
-
-
-
income
9 217
32 481
-
-
total
9 217
32 481
-
-
Dividends
23 702
83 519
-
-
withholding
3 035
10 690
-
-
surtax
-
-
-
-
social contributions
4 078
14 367
-
-
total
7 113
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 591
57 538
45 383
49 625
After tax
65 409
58 462
70 617
66 375
Living cost
48 820
48 820
48 820
48 820
Free-cash
16 589
9 642
21 797
17 555

Estimated living cost  is ₽48820 per week

₽33041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60269
₽57186
₽74017
₽70620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 910
social contributions
-
-
-
25 520
total
-
-
-
28 430
Employee
32 496
-
100 434
-
social contributions
2 112
-
6 530
-
income
-
-
3 251
-
total
2 112
-
9 781
-
Employer
32 496
-
100 434
-
social contributions
5 037
-
15 566
-
total
5 037
-
15 566
-
Corporate
78 467
116 000
-
-
income
7 847
11 599
-
-
total
7 847
11 599
-
-
Dividends
70 619
104 401
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
14 996
11 599
25 347
28 430
After tax
101 004
104 401
90 653
87 570
Living cost
30 384
30 384
30 384
30 384
Free-cash
70 620
74 017
60 269
57 186

Estimated living cost  is ₽30384 per week

₽19646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103838
₽22459
-₽103838
-₽103838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
12 533
pensions
-
-
-
875
labour market
-
-
-
9 210
municipal
-
-
-
22 330
total
-
-
-
44 948
Employee
205 101
205 101
205 101
-
municipal
43 675
43 675
43 675
-
national
25 057
25 057
25 057
-
pensions
292
292
292
-
labour market
16 385
16 385
16 385
-
total
85 409
85 409
85 409
-
Employer
205 101
205 101
205 101
-
national
25 100
25 100
25 100
-
pensions
583
583
583
-
labour market
16 408
16 408
16 408
-
municipal
43 745
43 745
43 745
-
total
85 836
85 836
85 836
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
171 245
171 245
171 245
44 948
After tax
-55 245
-55 245
-55 245
71 052
Living cost
48 593
48 593
48 593
48 593
Free-cash
-103 838
-103 838
-103 838
22 459

Estimated living cost  is ₽48593 per week

₽33258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38963
₽57644
-₽12481
₽6039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
29 450
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
36 479
Employee
34 413
-
100 731
-
income
4 721
-
20 658
-
health
3 941
-
11 533
-
pensions
3 875
-
7 700
-
total
12 537
-
39 891
-
Employer
34 413
-
100 731
-
unemployment
843
-
2 468
-
pensions
5 596
-
11 119
-
accident
575
-
1 682
-
total
7 014
-
15 269
-
Corporate
74 573
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.

67 116
104 400
-
-
total
67 116
104 400
-
-
Dividends
7 457
11 600
-
-
withholding
1 417
2 204
-
-
total
1 417
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
88 084
106 604
55 160
36 479
After tax
27 916
9 396
60 840
79 521
Living cost
21 877
21 877
21 877
21 877
Free-cash
6 039
-12 481
38 963
57 644

Estimated living cost  is ₽21877 per week

₽15924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25989
₽41894
₽37180
₽36526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
13 300
health
-
-
-
1 364
municipal
-
-
-
20 634
total
-
-
-
35 298
Employee
53 181
-
97 583
-
municipal
8 711
-
15 921
-
health
397
-
1 080
-
national
879
-
7 736
-
pensions
3 589
-
6 587
-
unemployment
798
-
1 464
-
total
14 374
-
32 788
-
Employer
53 181
-
97 583
-
unemployment
345
-
635
-
pensions
9 226
-
16 930
-
health
409
-
752
-
accident
54
-
98
-
total
10 034
-
18 415
-
Corporate
52 785
116 000
-
-
income
10 558
23 201
-
-
total
10 558
23 201
-
-
Dividends

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

31 671
69 600
-
-
municipal
5 701
12 528
-
-
national
-
4 283
-
-
total
5 701
16 811
-
-
Income
116 000
116 000
116 000
116 000
Total tax
40 667
40 012
51 203
35 298
After tax
75 333
75 988
64 797
80 702
Living cost
38 808
38 808
38 808
38 808
Free-cash
36 526
37 180
25 989
41 894

Estimated living cost  is ₽38808 per week

₽25349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
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.
₽9109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56789
₽58070
₽61422
₽55921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 354
income
-
-
-
15 215
health
-
-
-
2 958
total
-
-
-
34 527
Employee
77 726
77 726
105 350
-
social contributions
2 939
6 451
8 701
-
income
8 463
7 195
14 665
-
health
602
1 322
1 792
-
total
12 004
14 968
25 158
-
Employer
77 726
77 726
105 350
-
health
654
1 439
1 949
-
social contributions
2 939
6 451
8 701
-
total
3 593
7 890
10 650
-
Corporate
77 000
30 384
-
-
income
9 625
3 798
-
-
total
9 625
3 798
-
-
Dividends
67 375
26 586
-
-
withholding
11 454
4 519
-
-
total
11 454
4 519
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 676
31 175
35 808
34 527
After tax
79 324
84 825
80 192
81 473
Living cost
23 403
23 403
23 403
23 403
Free-cash
55 921
61 422
56 789
58 070

Estimated living cost  is ₽23403 per week

₽14026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58271
₽78544
₽80010
₽74870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
116 000
income
-
-
-
11 291
health
-
-
-
3 658
unemployment
-
-
-
29
pensions
-
-
-
6 430
total
-
-
-
21 408
Employee

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

23 201
-
106 121
-
income
1 586
-
8 784
-
health
1 972
-
8 152
-
pensions
3 480
-
14 386
-
unemployment
115
-
480
-
total
7 153
-
31 802
-
Employer

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

23 201
-
106 121
-
unemployment
115
-
480
-
pensions
1 276
-
5 275
-
health
997
-
4 124
-
total
2 388
-
9 879
-
Corporate
90 410
116 000
-
-
income
8 137
10 441
-
-
total
8 137
10 441
-
-
Dividends
82 273
105 559
-
-
withholding
7 404
9 501
-
-
total
7 404
9 501
-
-
Income
116 000
116 000
116 000
116 000
Total tax
25 082
19 942
41 681
21 408
After tax
90 918
96 058
74 319
94 592
Living cost
16 048
16 048
16 048
16 048
Free-cash
74 870
80 010
58 271
78 544

Estimated living cost  is ₽16048 per week

₽10239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1157
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.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32342
₽35821
₽50274
₽45026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
844
income
-
-
-
24 276
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
52 383
Employee
37 375
-
87 958
-
income
7 206
-
22 233
-
pensions
1 757
-
4 134
-
unemployment
579
-
1 364
-
other
36
-
88
-
total
9 578
-
27 819
-
Employer
37 375
-
87 958
-
other
299
-
704
-
unemployment
2 056
-
4 838
-
pensions
8 820
-
20 759
-
accident
740
-
1 742
-
total
11 915
-
28 043
-
Corporate
66 709
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.

10 007
17 400
-
-
total
10 007
17 400
-
-
Dividends
56 702
98 600
-
-
withholding
11 678
20 530
-
-
total
11 678
20 530
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 178
37 930
55 862
52 383
After tax
72 822
78 070
60 138
63 617
Living cost
27 796
27 796
27 796
27 796
Free-cash
45 026
50 274
32 342
35 821

Estimated living cost  is ₽27796 per week

₽18762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
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.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72577
₽72697
₽70681
₽70402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
39 458
health
-
-
-
900
pensions
-
-
-
1 242
total
-
-
-
41 600
Employee
2 593
-
114 603
-
income
502
-
39 392
-
health
130
-
310
-
pensions
233
-
559
-
unemployment
26
-
62
-
total
891
-
40 323
-
Employer
2 593
-
114 603
-
unemployment
52
-
124
-
pensions
285
-
683
-
health
246
-
590
-
total
583
-
1 397
-
Corporate
112 823
116 000
-
-
income
24 821
25 520
-
-
total
24 821
25 520
-
-
Dividends
88 002
90 480
-
-
withholding
17 600
18 096
-
-
total
17 600
18 096
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 895
43 616
41 720
41 600
After tax
72 105
72 384
74 280
74 400
Living cost
1 703
1 703
1 703
1 703
Free-cash
70 402
70 681
72 577
72 697

Estimated living cost  is ₽1703 per week

₽1012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45723
₽45724
₽66348
₽61381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
116 000
income
-
-
-
24 607
health
-
-
-
7 686
unemployment
-
-
-
1 119
pensions
-
-
-
19 402
total
-
-
-
52 814
Employee

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

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

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

26 332
-
102 642
-
income
3 630
-
24 607
-
health
1 356
-
3 843
-
pensions
3 686
-
10 447
-
unemployment
197
-
560
-
total
8 869
-
39 457
-
Employer

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

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

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

26 332
-
102 642
-
unemployment
197
-
560
-
pensions
3 160
-
8 955
-
health
1 356
-
3 843
-
total
4 713
-
13 358
-
Corporate
84 954
116 000
-
-
income
12 743
17 400
-
-
total
12 743
17 400
-
-
Dividends
72 211
98 600
-
-
withholding
10 832
14 790
-
-
total
10 832
14 790
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 157
32 190
52 815
52 814
After tax
78 843
83 810
63 185
63 186
Living cost
17 462
17 462
17 462
17 462
Free-cash
61 381
66 348
45 723
45 724

Estimated living cost  is ₽17462 per week

₽11757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30061
₽36907
₽38730
₽38366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
40 311
income
-
-
-
11 531
surtax
-
-
-
-
total
-
-
-
51 842
Employee
39 232
-
93 737
-
social contributions
4 316
-
10 310
-
income
7 666
-
26 115
-
surtax
-
-
-
-
total
11 982
-
36 425
-
Employer
39 232
-
93 737
-
social contributions
9 317
-
22 263
-
total
9 317
-
22 263
-
Corporate
67 452
116 000
-
-
surtax
-
-
-
-
income
14 164
24 359
-
-
total
14 164
24 359
-
-
Dividends
53 288
91 641
-
-
withholding
14 920
25 660
-
-
total
14 920
25 660
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 383
50 019
58 688
51 842
After tax
65 617
65 981
57 312
64 158
Living cost
27 251
27 251
27 251
27 251
Free-cash
38 366
38 730
30 061
36 907

Estimated living cost  is ₽27251 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24614
₽28093
₽42546
₽34891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
844
income
-
-
-
24 276
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
52 383
Employee
48 817
-
87 958
-
income
10 196
-
22 233
-
pensions
2 294
-
4 134
-
unemployment
756
-
1 364
-
other
48
-
88
-
total
13 294
-
27 819
-
Employer
48 817
-
87 958
-
other
391
-
704
-
unemployment
2 685
-
4 838
-
pensions
11 521
-
20 759
-
accident
967
-
1 742
-
total
15 564
-
28 043
-
Corporate
51 619
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.

7 744
17 400
-
-
total
7 744
17 400
-
-
Dividends
43 875
98 600
-
-
withholding
8 983
20 530
-
-
total
8 983
20 530
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 585
37 930
55 862
52 383
After tax
70 415
78 070
60 138
63 617
Living cost
35 524
35 524
35 524
35 524
Free-cash
34 891
42 546
24 614
28 093

Estimated living cost  is ₽35524 per week

₽25512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75935
₽72037
₽81955
₽75853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
17 400
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

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

-
-
-
5 176
total
-
-
-
26 738
Employee
22 808
-
109 138
-
income
2 281
-
10 913
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
health
1 049
-
1 609
-
pensions

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

2 002
-
3 071
-
total
5 583
-
15 978
-
Employer
22 808
-
109 138
-
unemployment
137
-
210
-
pensions

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

2 513
-
3 854
-
health
1 574
-
2 413
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
total
4 475
-
6 862
-
Corporate
88 717
116 000
-
-
income
8 872
11 600
-
-
total
8 872
11 600
-
-
Dividends
79 845
104 400
-
-
withholding
3 992
5 220
-
-
total
3 992
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
22 922
16 820
22 840
26 738
After tax
93 078
99 180
93 160
89 262
Living cost
17 225
17 225
17 225
17 225
Free-cash
75 853
81 955
75 935
72 037

Estimated living cost  is ₽17225 per week

₽11392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39501
₽29599
₽20777
₽34001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
116 000
income

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

-
-
-
28 976
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.

-
-
-
6 905
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.

-
-
-
1 594
trade
-
-
-
9 902
total
-
-
-
47 377
Employee

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

50 294
-
116 000
-
income

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

4 136
-
28 976
-
surtax

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

228
-
1 594
-
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.

6 905
-
6 905
-
total
11 269
-
37 475
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 706
116 000
-
-
surtax

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

543
957
-
-
income
9 856
17 400
-
-
chamber of commerce
249
324
-
-
trade
9 428
16 646
-
-
total
20 076
35 327
-
-
Dividends
45 630
80 673
-
-
withholding
11 024
19 784
-
-
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.

606
1 088
-
-
total
11 630
20 872
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 975
56 199
37 475
47 377
After tax
73 025
59 801
78 525
68 623
Living cost
39 024
39 024
39 024
39 024
Free-cash
34 001
20 777
39 501
29 599

Estimated living cost  is ₽39024 per week

₽26920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18098
₽18098
₽23620
₽25852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 692
social contributions
-
-
-
10 630
total
-
-
-
40 322
Employee
79 067
-
116 000
-
social contributions
6 569
-
10 630
-
income
14 920
-
29 692
-
total
21 489
-
40 322
-
Employer
79 067
-
116 000
-
total
-
-
-
-
Corporate
36 933
116 000
-
-
income
4 617
14 500
-
-
total
4 617
14 500
-
-
Dividends
32 316
101 500
-
-
withholding
6 462
20 300
-
-
total
6 462
20 300
-
-
Income
116 000
116 000
116 000
116 000
Total tax
32 568
34 800
40 322
40 322
After tax
83 432
81 200
75 678
75 678
Living cost
57 580
57 580
57 580
57 580
Free-cash
25 852
23 620
18 098
18 098

Estimated living cost  is ₽57580 per week

₽43806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48733
₽44335
₽33368
₽36901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 773
health

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

-
-
-
6 200
total
-
-
-
34 973
Employee
46 370
-
111 350
-
social contributions
4 646
-
4 650
-
income
5 031
-
21 275
-
total
9 677
-
25 925
-
Employer
46 370
-
111 350
-
social contributions
4 646
-
4 650
-
total
4 646
-
4 650
-
Corporate
64 984
116 000
-
-
income
22 744
40 600
-
-
total
22 744
40 600
-
-
Dividends
42 240
75 400
-
-
social contributions
5 340
5 340
-
-
total
5 340
5 340
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 407
45 940
30 575
34 973
After tax
73 593
70 060
85 425
81 027
Living cost
36 692
36 692
36 692
36 692
Free-cash
36 901
33 368
48 733
44 335

Estimated living cost  is ₽36692 per week

₽24169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33208
₽43938
₽45002
₽43487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
26 486
pensions
-
-
-
7 876
total
-
-
-
34 362
Employee
51 749
-
101 913
-
income
9 424
-
19 333
-
health
675
-
1 703
-
pensions
3 950
-
9 969
-
total
14 049
-
31 005
-
Employer
51 749
-
101 913
-
pensions
5 228
-
12 151
-
health
984
-
1 936
-
total
6 212
-
14 087
-
Corporate
58 040
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.

11 027
22 040
-
-
total
11 027
22 040
-
-
Dividends
47 013
93 960
-
-
withholding
3 525
11 258
-
-
total
3 525
11 258
-
-
Income
116 000
116 000
116 000
116 000
Total tax
34 813
33 298
45 092
34 362
After tax
81 187
82 702
70 908
81 638
Living cost
37 700
37 700
37 700
37 700
Free-cash
43 487
45 002
33 208
43 938

Estimated living cost  is ₽37700 per week

₽25862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽36797
₽55478
-₽14647
₽5707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
29 450
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
36 479
Employee
37 820
-
100 731
-
income
5 189
-
20 658
-
health
4 330
-
11 533
-
pensions
4 259
-
7 700
-
total
13 778
-
39 891
-
Employer
37 820
-
100 731
-
unemployment
926
-
2 468
-
pensions
6 149
-
11 119
-
accident
632
-
1 682
-
total
7 707
-
15 269
-
Corporate
70 473
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.

63 426
104 400
-
-
total
63 426
104 400
-
-
Dividends
7 047
11 600
-
-
withholding
1 339
2 204
-
-
total
1 339
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
86 250
106 604
55 160
36 479
After tax
29 750
9 396
60 840
79 521
Living cost
24 043
24 043
24 043
24 043
Free-cash
5 707
-14 647
36 797
55 478

Estimated living cost  is ₽24043 per week

₽17644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61943
₽52263
₽83965
₽79237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
18 188
work injury
-
-
-
580
unemployment
-
-
-
1 392
pensions
-
-
-
21 344
total
-
-
-
50 088
Employee

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

21 839
-
116 000
-
work injury
109
-
404
-
income
2 184
-
18 188
-
health insurance
1 616
-
5 979
-
pensions
4 018
-
14 867
-
unemployment
262
-
970
-
total
8 189
-
40 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 161
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%.

942
1 160
-
-
total
942
1 160
-
-
Dividends
93 219
114 840
-
-
withholding
13 983
17 226
-
-
total
13 983
17 226
-
-
Income
116 000
116 000
116 000
116 000
Total tax
23 114
18 386
40 408
50 088
After tax
92 886
97 614
75 592
65 912
Living cost
13 649
13 649
13 649
13 649
Free-cash
79 237
83 965
61 943
52 263

Estimated living cost  is ₽13649 per week

₽8456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11677
₽16984
₽20831
₽16233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
social contributions
-
-
-
29 836
national
-
-
-
25 683
regional
-
-
-
2 454
municipal
-
-
-
775
total
-
-
-
58 748
Employee
85 177
-
116 000
-
social contributions
28 721
-
39 116
-
municipal
508
-
692
-
regional
1 286
-
2 090
-
national
14 394
-
22 157
-
total
44 909
-
64 055
-
Employer
85 177
-
116 000
-
total
-
-
-
-
Corporate
30 823
116 000
-
-
nationa
7 398
27 841
-
-
municipal
1 487
5 592
-
-
total
8 885
33 433
-
-
Dividends
21 938
82 568
-
-
withholding
5 705
21 468
-
-
total
5 705
21 468
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 499
54 901
64 055
58 748
After tax
56 501
61 099
51 945
57 252
Living cost
40 268
40 268
40 268
40 268
Free-cash
16 233
20 831
11 677
16 984

Estimated living cost  is ₽40268 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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