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
₽27867
₽39091
₽37002
₽47840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 838
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.

-
-
-
28 895
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.

-
-
-
6 934
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.

-
-
-
1 589
total
-
-
-
48 256
Employee

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

38 820
-
116 000
-
health

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

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

6 934
-
6 934
-
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.

60
-
1 589
-
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.

1 084
-
28 895
-
total
8 078
-
37 418
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 180
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.

638
957
-
-
income
11 578
17 400
-
-
trade
12 155
18 271
-
-
chamber of commerce
266
322
-
-
total
24 637
36 950
-
-
Dividends
52 544
79 050
-
-
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.

701
1 065
-
-
withholding
12 751
19 376
-
-
total
13 452
20 441
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 167
57 391
37 418
48 256
After tax
69 833
58 609
78 582
67 744
Living cost
30 742
30 742
30 742
30 742
Free-cash
39 091
27 867
47 840
37 002

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21236
₽20385
₽18400
₽19311
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
12 271
pensions
-
-
-
13 920
national
-
-
-
19 014
social contributions
-
-
-
1 247
total
-
-
-
46 452
Employee
79 289
-
100 281
-
municipal
9 793
-
12 720
-
pensions
3 172
-
4 011
-
national
15 176
-
19 710
-
total
28 141
-
36 441
-
Employer
79 289
-
100 281
-
social contributions
852
-
1 078
-
pensions
6 343
-
8 022
-
total
7 195
-
9 100
-
Corporate
24 283
116 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

4 857
23 200
-
-
total
4 857
23 200
-
-
Dividends
19 426
92 800
-
-
withholding
4 274
20 416
-
-
total
4 274
20 416
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 467
43 616
45 541
46 452
After tax
71 533
72 384
70 459
69 548
Living cost
51 148
51 148
51 148
51 148
Free-cash
20 385
21 236
19 311
18 400

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71686
₽63359
₽40644
₽44104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
16 947
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.

-
-
-
37 294
total
-
-
-
54 241
Employee
29 657
-
93 481
-
social contributions

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

3 263
-
10 283
-
surtax
-
-
-
-
income
5 279
-
17 979
-
total
8 542
-
28 262
-
Employer
29 657
-
93 481
-
social contributions

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

7 144
-
22 519
-
surtax
-
-
-
-
total
7 144
-
22 519
-
Corporate
79 199
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%.

15 840
23 199
-
-
total
15 840
23 199
-
-
Dividends

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

63 359
92 801
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
31 526
23 199
50 781
54 241
After tax
84 474
92 801
65 219
61 759
Living cost
21 115
21 115
21 115
21 115
Free-cash
63 359
71 686
44 104
40 644

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽13977
₽7758
₽23715
₽18118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 360
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
49 767
Employee
86 673
86 673
98 716
-
health
13 303
11 316
12 001
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
38 079
-
Employer
86 673
86 673
98 716
-
unemployment
3 120
3 120
3 554
-
pensions
6 032
6 032
6 870
-
health
6 025
6 025
6 861
-
total
15 177
15 177
17 285
-
Corporate
15 213
14 150
-
-
income
3 043
2 829
-
-
total
3 043
2 829
-
-
Dividends
12 170
11 321
-
-
income
2 587
2 406
-
-
withholding
1 826
1 699
-
-
total
4 413
4 105
-
-
Income
116 000
116 000
116 000
116 000
Total tax
65 724
59 505
55 364
49 767
After tax
50 276
56 495
60 636
66 233
Living cost
42 518
42 518
42 518
42 518
Free-cash
7 758
13 977
18 118
23 715

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24198
₽23320
₽22801
₽21747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
27 181
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
2 032
total
-
-
-
54 061
Employee
55 768
-
89 049
-
municipal
16 630
-
26 554
-
national
-
-
1 612
-
total
16 630
-
28 166
-
Employer
55 768
-
89 049
-
accident
112
-
171
-
other
6 480
-
9 967
-
unemployment
1 472
-
2 264
-
pensions
6 028
-
9 272
-
health
3 430
-
5 275
-
total
17 522
-
26 949
-
Corporate
42 710
116 000
-
-
income
9 396
25 520
-
-
total
9 396
25 520
-
-
Dividends
33 314
90 480
-
-
withholding
9 994
27 144
-
-
total
9 994
27 144
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 542
52 664
55 115
54 061
After tax
62 458
63 336
60 885
61 939
Living cost
39 138
39 138
39 138
39 138
Free-cash
23 320
24 198
21 747
22 801

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18142
₽32402
₽27392
₽38711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 319
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.

-
-
-
28 895
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.

-
-
-
6 934
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.

-
-
-
1 589
total
-
-
-
48 737
Employee

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

51 470
-
116 000
-
health

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

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

6 934
-
6 934
-
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.

243
-
1 589
-
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.

4 422
-
28 895
-
total
11 599
-
37 418
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 530
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.

532
957
-
-
income
9 680
17 400
-
-
trade
10 615
19 081
-
-
chamber of commerce
247
320
-
-
total
21 074
37 758
-
-
Dividends
43 457
78 242
-
-
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.

576
1 055
-
-
withholding
10 478
19 174
-
-
total
11 054
20 229
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 727
57 987
37 418
48 737
After tax
72 273
58 013
78 582
67 263
Living cost
39 871
39 871
39 871
39 871
Free-cash
32 402
18 142
38 711
27 392

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51908
₽47701
₽48563
₽47278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 137
health
-
-
-
2 958
social contributions
-
-
-
16 422
total
-
-
-
34 517
Employee
78 045
78 045
105 314
-
social contributions
3 792
6 477
8 737
-
health
776
1 327
1 791
-
income
8 195
7 225
14 588
-
total
12 763
15 029
25 116
-
Employer
78 045
78 045
105 314
-
social contributions
3 792
6 477
8 737
-
health
846
1 445
1 949
-
total
4 638
7 922
10 686
-
Corporate
65 678
30 033
-
-
income
8 209
3 754
-
-
total
8 209
3 754
-
-
Dividends
57 469
26 279
-
-
withholding
9 769
4 467
-
-
total
9 769
4 467
-
-
Income
116 000
116 000
116 000
116 000
Total tax
35 379
31 172
35 802
34 517
After tax
80 621
84 828
80 198
81 483
Living cost
32 920
32 920
32 920
32 920
Free-cash
47 701
51 908
47 278
48 563

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46816
₽47202
₽61880
₽48767
S + D Salary + Dividends

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

Dividends

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

Salary

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

26 675
10 616
97 071
-
health
1 867
743
6 795
-
income
3 261
1 298
11 867
-
pensions
2 667
1 062
9 707
-
unemployment
400
159
1 456
-
total
8 195
3 262
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.

26 675
10 616
97 071
-
pensions
5 202
2 070
18 929
-
total
5 202
2 070
18 929
-
Corporate
84 124
103 314
-
-
income
7 571
9 298
-
-
total
7 571
9 298
-
-
Dividends
76 553
94 015
-
-
social contributions
14 806
18 212
-
-
withholding
14 545
17 863
-
-
total
29 351
36 075
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 319
50 705
48 754
35 641
After tax
65 681
65 295
67 246
80 359
Living cost
18 479
18 479
18 479
18 479
Free-cash
47 202
46 816
48 767
61 880

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68286
₽61980
₽37662
₽42349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 545
pensions
-
-
-
23 199
health
-
-
-
15 079
total
-
-
-
53 823
Employee
28 793
-
86 695
-
income
3 242
-
16 714
-
pensions
576
-
1 733
-
unemployment
460
-
1 387
-
total
4 278
-
19 834
-
Employer
28 793
-
86 695
-
unemployment
231
-
693
-
pensions
5 759
-
17 338
-
health
3 742
-
11 271
-
total
9 732
-
29 302
-
Corporate
77 475
116 000
-
-
income
15 495
23 199
-
-
total
15 495
23 199
-
-
Dividends
61 980
92 801
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
29 505
23 199
49 136
53 823
After tax
86 495
92 801
66 864
62 177
Living cost
24 515
24 515
24 515
24 515
Free-cash
61 980
68 286
42 349
37 662

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
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.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12721
₽6003
₽57401
₽38745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
29 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
36 482
Employee
34 791
-
100 772
-
health
3 984
-
11 538
-
income
4 773
-
20 702
-
pensions
3 918
-
7 670
-
total
12 675
-
39 910
-
Employer
34 791
-
100 772
-
accident
581
-
1 683
-
unemployment
852
-
2 469
-
pensions
5 657
-
11 076
-
total
7 090
-
15 228
-
Corporate
74 119
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.

66 707
104 400
-
-
total
66 707
104 400
-
-
Dividends
7 412
11 600
-
-
withholding
1 408
2 204
-
-
total
1 408
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
87 880
106 604
55 138
36 482
After tax
28 120
9 396
60 862
79 518
Living cost
22 117
22 117
22 117
22 117
Free-cash
6 003
-12 721
38 745
57 401

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽100940
₽99203
₽105580
₽83540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
116 000
-
income
2 315
-
23 200
-
total
2 315
-
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%.

104 425
116 000
-
-
total
-
-
-
-
Dividends
104 425
116 000
-
-
withholding
5 222
5 800
-
-
total
5 222
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
7 537
5 800
23 200
1 160
After tax
108 463
110 200
92 800
114 840
Living cost
9 260
9 260
9 260
9 260
Free-cash
99 203
100 940
83 540
105 580

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58179
₽51327
₽35410
₽40211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
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.

-
-
-
27 841
other
-
-
-
5 510
health
-
-
-
5 104
total
-
-
-
53 546
Employee
36 852
-
92 652
-
health
516
-
1 296
-
income
6 344
-
16 691
-
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.

2 579
-
6 485
-
unemployment
368
-
926
-
total
9 807
-
25 398
-
Employer
36 852
-
92 652
-
accident
295
-
742
-
other
1 843
-
4 632
-
unemployment
368
-
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.

6 265
-
15 751
-
health
516
-
1 296
-
total
9 287
-
23 347
-
Corporate
69 861
116 000
-
-
income
14 671
24 361
-
-
total
14 671
24 361
-
-
Dividends
55 190
91 639
-
-
withholding
3 864
6 416
-
-
total
3 864
6 416
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 629
30 777
48 745
53 546
After tax
78 371
85 223
67 255
62 454
Living cost
27 044
27 044
27 044
27 044
Free-cash
51 327
58 179
40 211
35 410

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14388
₽4358
₽13270
₽2593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 315
pensions
-
-
-
7 926
total
-
-
-
34 241
Employee
96 902
-
101 927
-
health
1 597
-
1 701
-
income
17 468
-
19 195
-
pensions
9 348
-
9 951
-
total
28 413
-
30 847
-
Employer
96 902
-
101 927
-
pensions
11 441
-
12 134
-
health
1 840
-
1 937
-
total
13 281
-
14 071
-
Corporate
5 816
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.

1 105
22 039
-
-
total
1 105
22 039
-
-
Dividends
4 711
93 961
-
-
withholding
354
11 084
-
-
total
354
11 084
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 153
33 123
44 918
34 241
After tax
72 847
82 877
71 082
81 759
Living cost
68 489
68 489
68 489
68 489
Free-cash
4 358
14 388
2 593
13 270

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽85867
₽81150
₽75817
₽79690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
26 870
Employee
17 628
-
109 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
10 904
-
pensions

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

1 548
-
3 114
-
total
4 316
-
16 039
-
Employer
17 628
-
109 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
94 913
116 000
-
-
income
9 491
11 600
-
-
total
9 491
11 600
-
-
Dividends
85 422
104 400
-
-
withholding
4 271
5 220
-
-
total
4 271
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
21 537
16 820
22 997
26 870
After tax
94 463
99 180
93 003
89 130
Living cost
13 313
13 313
13 313
13 313
Free-cash
81 150
85 867
79 690
75 817

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽214
₽2768
₽9952
₽4355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 360
pensions
-
-
-
11 891
health
-
-
-
12 516
total
-
-
-
49 767
Employee
94 099
86 673
98 716
-
health
11 739
11 316
12 001
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
38 079
-
Employer
94 099
86 673
98 716
-
unemployment
3 388
3 120
3 554
-
pensions
6 549
6 032
6 870
-
health
6 539
6 025
6 861
-
total
16 476
15 177
17 285
-
Corporate
5 426
14 150
-
-
income
1 084
2 829
-
-
total
1 084
2 829
-
-
Dividends
4 341
11 321
-
-
income
923
2 406
-
-
withholding
651
1 699
-
-
total
1 574
4 105
-
-
Income
116 000
116 000
116 000
116 000
Total tax
56 951
59 505
55 364
49 767
After tax
59 049
56 495
60 636
66 233
Living cost
56 281
56 281
56 281
56 281
Free-cash
2 768
214
4 355
9 952

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55535
₽46856
₽32167
₽34534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
9 970
health
-
-
-
15 660
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 872
total
-
-
-
59 502
Employee
35 781
-
86 567
-
social contributions
2 326
-
5 627
-
health
4 830
-
11 687
-
solidarity contribution
-
-
-
-
income
4 294
-
10 388
-
total
11 450
-
27 702
-
Employer
35 781
-
86 567
-
social contributions
8 945
-
21 642
-
health
3 220
-
7 791
-
total
12 165
-
29 433
-
Corporate
68 053
116 000
-
-
income
12 930
22 040
-
-
total
12 930
22 040
-
-
Dividends
55 123
93 960
-
-
withholding
8 268
14 094
-
-
total
8 268
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 813
36 134
57 135
59 502
After tax
71 187
79 866
58 865
56 498
Living cost
24 331
24 331
24 331
24 331
Free-cash
46 856
55 535
34 534
32 167

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19065
₽13765
₽15687
₽10170
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
690
regional
-
-
-
1 306
national
-
-
-
25 655
social contributions
-
-
-
29 835
total
-
-
-
57 486
Employee
90 203
-
116 000
-
social contributions
30 416
-
39 114
-
regional
851
-
1 146
-
municipal
478
-
614
-
national
15 630
-
22 129
-
total
47 375
-
63 003
-
Employer
90 203
-
116 000
-
total
-
-
-
-
Corporate
25 797
116 000
-
-
nationa
6 192
27 839
-
-
municipal
1 005
4 524
-
-
total
7 197
32 363
-
-
Dividends
18 600
83 636
-
-
withholding
4 836
21 745
-
-
total
4 836
21 745
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 408
54 108
63 003
57 486
After tax
56 592
61 892
52 997
58 514
Living cost
42 827
42 827
42 827
42 827
Free-cash
13 765
19 065
10 170
15 687

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50567
₽47409
₽35138
₽33232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 698
pensions
-
-
-
23 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 236
surtax
-
-
-
3 101
total
-
-
-
58 465
Employee
33 564
-
95 830
-
other
-
-
-
-
health
857
-
2 444
-
surtax
110
-
2 800
-
income
5 626
-
21 894
-
pensions
2 238
-
6 393
-
unemployment
2 336
-
6 670
-
total
11 167
-
40 201
-
Employer
33 564
-
95 830
-
other
-
-
-
-
unemployment
1 063
-
3 037
-
pensions
4 474
-
12 774
-
health
1 527
-
4 359
-
total
7 064
-
20 170
-
Corporate
75 371
116 000
-
-
income
19 596
30 160
-
-
total
19 596
30 160
-
-
Dividends
55 776
85 840
-
-
withholding
8 367
12 876
-
-
total
8 367
12 876
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 194
43 036
60 371
58 465
After tax
69 806
72 964
55 629
57 535
Living cost
22 397
22 397
22 397
22 397
Free-cash
47 409
50 567
33 232
35 138

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36087
₽32065
₽34969
₽24292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 315
pensions
-
-
-
7 926
total
-
-
-
34 241
Employee
64 941
-
101 927
-
health
943
-
1 701
-
income
11 696
-
19 195
-
pensions
5 512
-
9 951
-
total
18 151
-
30 847
-
Employer
64 941
-
101 927
-
pensions
7 030
-
12 134
-
health
1 234
-
1 937
-
total
8 264
-
14 071
-
Corporate
42 795
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.

8 130
22 039
-
-
total
8 130
22 039
-
-
Dividends
34 665
93 961
-
-
withholding
2 600
11 084
-
-
total
2 600
11 084
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 145
33 123
44 918
34 241
After tax
78 855
82 877
71 082
81 759
Living cost
46 790
46 790
46 790
46 790
Free-cash
32 065
36 087
24 292
34 969

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽24298
₽8792
₽18820
₽13067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 224
pensions
-
-
-
10 673
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
regional
-
-
-
4 386
health
-
-
-
260
national
-
-
-
975
total
-
-
-
19 838
Employee
90 510
-
103 827
-
city
971
-
1 116
-
regional
2 964
-
3 754
-
health
205
-
234
-
pensions
7 604
-
8 720
-
unemployment
-
-
-
-
national
428
-
737
-
total
12 172
-
14 561
-
Employer
90 510
-
103 827
-
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.

1 810
-
2 076
-
unemployment
-
-
-
-
pensions
7 604
-
8 720
-
health
205
-
234
-
total
9 619
-
11 030
-
Corporate
14 876
116 000
-
-
regional
3 147
24 534
-
-
national
1 265
9 861
-
-
total
4 412
34 395
-
-
Dividends
10 464
81 605
-
-
withholding
3 663
28 561
-
-
total
3 663
28 561
-
-
Income
116 000
116 000
116 000
116 000
Total tax
29 866
62 956
25 591
19 838
After tax
86 134
53 044
90 409
96 162
Living cost
77 342
77 342
77 342
77 342
Free-cash
8 792
-24 298
13 067
18 820

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10920
₽27376
₽20286
₽32087
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
11 801
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.

-
-
-
28 895
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.

-
-
-
6 934
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.

-
-
-
1 589
total
-
-
-
49 219
Employee

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

60 997
-
116 000
-
health

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

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

6 934
-
6 934
-
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.

395
-
1 589
-
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.

7 173
-
28 895
-
total
14 502
-
37 418
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 003
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.

455
957
-
-
income
8 251
17 400
-
-
trade
9 434
19 894
-
-
chamber of commerce
231
318
-
-
total
18 371
38 569
-
-
Dividends
36 633
77 431
-
-
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.

483
1 044
-
-
withholding
8 773
18 972
-
-
total
9 256
20 016
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 129
58 585
37 418
49 219
After tax
73 871
57 415
78 582
66 781
Living cost
46 495
46 495
46 495
46 495
Free-cash
27 376
10 920
32 087
20 286

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23739
₽29735
₽31660
₽35971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 100
pensions
-
-
-
26 669
other
-
-
-
3 596
health
-
-
-
2 945
surtax
-
-
-
-
social contributions
-
-
-
3 305
total
-
-
-
49 615
Employee
43 438
-
93 230
-
social contributions
1 238
-
2 656
-
surtax
-
-
-
-
income
2 564
-
14 899
-
pensions
4 911
-
4 979
-
total
8 713
-
22 534
-
Employer
43 438
-
93 230
-
other
1 498
-
3 217
-
social contributions
131
-
279
-
unemployment
1 758
-
3 775
-
pensions
7 136
-
8 653
-
health
3 041
-
6 846
-
total
13 564
-
22 770
-
Corporate
58 996
116 000
-
-
surtax
-
-
-
-
income
16 520
32 479
-
-
total
16 520
32 479
-
-
Dividends
42 477
83 521
-
-
surtax
-
-
-
-
social contributions
7 306
14 365
-
-
withholding
5 437
10 692
-
-
total
12 743
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 540
57 536
45 304
49 615
After tax
64 460
58 464
70 696
66 385
Living cost
34 725
34 725
34 725
34 725
Free-cash
29 735
23 739
35 971
31 660

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
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.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27180
₽32817
₽35101
₽39412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 100
pensions
-
-
-
26 669
other
-
-
-
3 596
health
-
-
-
2 945
surtax
-
-
-
-
social contributions
-
-
-
3 305
total
-
-
-
49 615
Employee
38 775
-
93 230
-
social contributions
1 106
-
2 656
-
surtax
-
-
-
-
income
1 999
-
14 899
-
pensions
4 386
-
4 979
-
total
7 491
-
22 534
-
Employer
38 775
-
93 230
-
other
1 339
-
3 217
-
social contributions
116
-
279
-
unemployment
1 570
-
3 775
-
pensions
6 371
-
8 653
-
health
2 714
-
6 846
-
total
12 110
-
22 770
-
Corporate
65 116
116 000
-
-
surtax
-
-
-
-
income
18 232
32 479
-
-
total
18 232
32 479
-
-
Dividends
46 884
83 521
-
-
surtax
-
-
-
-
social contributions
8 064
14 365
-
-
withholding
6 002
10 692
-
-
total
14 066
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 899
57 536
45 304
49 615
After tax
64 101
58 464
70 696
66 385
Living cost
31 284
31 284
31 284
31 284
Free-cash
32 817
27 180
39 412
35 101

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
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.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49249
₽49776
₽52974
₽52427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 097
social contributions
-
-
-
16 007
total
-
-
-
41 504
Employee
34 413
-
116 000
-
social contributions
4 750
-
16 007
-
health
2 402
-
8 097
-
income
5 740
-
17 947
-
total
12 892
-
42 051
-
Employer
34 413
-
116 000
-
total
-
-
-
-
Corporate
81 587
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%.

4 079
5 799
-
-
total
4 079
5 799
-
-
Dividends
77 508
110 201
-
-
health
5 410
7 693
-
-
social contributions
10 695
15 208
-
-
withholding
11 626
16 529
-
-
total
27 731
39 430
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 702
45 229
42 051
41 504
After tax
71 298
70 771
73 949
74 496
Living cost
21 522
21 522
21 522
21 522
Free-cash
49 776
49 249
52 427
52 974

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29021
₽27447
₽21784
-₽2436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
464
income
-
-
-
21 231
pensions
-
-
-
21 460
unemployment
-
-
-
6 225
health
-
-
-
8 873
surtax
-
-
-
200
total
-
-
-
58 453
Employee
50 723
40 447
89 917
-
other
507
404
899
-
health
1 963
1 566
3 480
-
income
5 774
2 983
18 791
-
pensions
5 195
4 141
9 208
-
unemployment
1 522
1 213
2 698
-
total
14 961
10 307
35 076
-
Employer
50 723
40 447
89 917
-
accident
659
526
1 169
-
other
2 410
1 920
4 272
-
chamber of commerce
202
162
360
-
unemployment
1 522
1 213
2 698
-
surtax
200
200
200
-
pensions
6 366
5 077
11 285
-
payroll
1 522
1 213
2 698
-
health
1 916
1 529
3 399
-
total
14 797
11 840
26 081
-
Corporate
50 481
63 711
86 065
-
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.

12 620
15 929
21 516
-
total
12 620
15 929
21 516
-
Dividends
37 862
47 783
-
-
withholding
10 412
13 140
-
-
total
10 412
13 140
-
-
Income
116 000
116 000
116 000
116 000
Total tax
52 790
51 216
82 673
58 453
After tax
63 210
64 784
33 327
57 547
Living cost
35 763
35 763
35 763
35 763
Free-cash
27 447
29 021
-2 436
21 784

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28000
₽12776
₽15805
₽7339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 695
communal

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

-
-
-
5 840
social contributions
-
-
-
18 654
total
-
-
-
63 189
Employee

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

72 600
-
89 846
-
communal

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

3 787
-
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.

3 411
-
4 222
-
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.

5 445
-
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.

632
-
782
-
national
22 320
-
29 072
-
total
35 595
-
45 501
-
Employer

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

72 600
-
89 846
-
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.

944
-
1 167
-
unemployment

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

1 059
-
1 312
-
surtax
8 232
-
10 189
-
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.

6 433
-
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.

4 465
-
5 526
-
total
21 133
-
26 154
-
Corporate
22 267
116 000
-
-
surtax
89
464
-
-
income
4 453
23 199
-
-
total
4 542
23 663
-
-
Dividends
17 726
92 336
-
-
withholding

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

4 948
27 331
-
-
total
4 948
27 331
-
-
Income
116 000
116 000
116 000
116 000
Total tax
66 218
50 994
71 655
63 189
After tax
49 782
65 006
44 345
52 811
Living cost
37 006
37 006
37 006
37 006
Free-cash
12 776
28 000
7 339
15 805

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41426
₽33384
₽26926
₽23520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
24 198
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 420
Employee
50 522
-
87 958
-
other
50
-
89
-
income
10 660
-
22 199
-
pensions
2 375
-
4 133
-
unemployment
784
-
1 364
-
total
13 869
-
27 785
-
Employer
50 522
-
87 958
-
accident
1 000
-
1 741
-
other
403
-
703
-
unemployment
2 779
-
4 838
-
pensions
11 922
-
20 759
-
total
16 104
-
28 041
-
Corporate
49 374
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.

7 406
17 400
-
-
total
7 406
17 400
-
-
Dividends
41 969
98 600
-
-
withholding
8 583
20 520
-
-
total
8 583
20 520
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 962
37 920
55 826
52 420
After tax
70 038
78 080
60 174
63 580
Living cost
36 654
36 654
36 654
36 654
Free-cash
33 384
41 426
23 520
26 926

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
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.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15295
₽7680
₽9111
₽13850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 134
pensions
-
-
-
17 387
health
-
-
-
8 151
surtax
-
-
-
5 751
communal
-
-
-
7 331
total
-
-
-
51 732
Employee
76 861
-
103 619
-
health
3 421
-
4 609
-
surtax
4 711
-
6 350
-
income
7 424
-
15 363
-
pensions
6 148
-
8 290
-
total
21 704
-
34 612
-
Employer
76 861
-
103 619
-
accident
691
-
932
-
pensions
6 148
-
8 290
-
health
2 344
-
3 159
-
total
9 183
-
12 381
-
Corporate
29 955
116 000
-
-
surtax
314
1 217
-
-
communal
-
7 829
-
-
income
4 493
17 400
-
-
total
4 807
26 446
-
-
Dividends
25 148
89 553
-
-
income
13 698
5 670
-
-
withholding
3 771
13 432
-
-
total
17 469
19 102
-
-
Income
116 000
116 000
116 000
116 000
Total tax
53 163
45 548
46 993
51 732
After tax
62 837
70 452
69 007
64 268
Living cost
55 157
55 157
55 157
55 157
Free-cash
7 680
15 295
13 850
9 111

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50167
₽46938
₽34738
₽32832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 698
pensions
-
-
-
23 199
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
8 236
surtax
-
-
-
3 101
total
-
-
-
58 465
Employee
34 180
-
95 830
-
other
-
-
-
-
health
873
-
2 444
-
surtax
121
-
2 800
-
income
5 730
-
21 894
-
pensions
2 280
-
6 393
-
unemployment
2 379
-
6 670
-
total
11 383
-
40 201
-
Employer
34 180
-
95 830
-
other
-
-
-
-
unemployment
1 084
-
3 037
-
pensions
4 557
-
12 774
-
health
1 554
-
4 359
-
total
7 195
-
20 170
-
Corporate
74 624
116 000
-
-
income
19 403
30 160
-
-
total
19 403
30 160
-
-
Dividends
55 221
85 840
-
-
withholding
8 284
12 876
-
-
total
8 284
12 876
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 265
43 036
60 371
58 465
After tax
69 735
72 964
55 629
57 535
Living cost
22 797
22 797
22 797
22 797
Free-cash
46 938
50 167
32 832
34 738

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33631
₽31378
₽30729
₽25241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
690
regional
-
-
-
1 750
national
-
-
-
25 655
social contributions
-
-
-
29 835
total
-
-
-
57 930
Employee
56 301
-
116 000
-
social contributions
18 985
-
39 114
-
regional
758
-
1 561
-
municipal
299
-
614
-
national
8 920
-
22 129
-
total
28 962
-
63 418
-
Employer
56 301
-
116 000
-
total
-
-
-
-
Corporate
59 699
116 000
-
-
nationa
14 328
27 839
-
-
municipal
2 966
5 765
-
-
total
17 294
33 604
-
-
Dividends
42 405
82 396
-
-
withholding
11 025
21 424
-
-
total
11 025
21 424
-
-
Income
116 000
116 000
116 000
116 000
Total tax
57 281
55 028
63 418
57 930
After tax
58 719
60 972
52 582
58 070
Living cost
27 341
27 341
27 341
27 341
Free-cash
31 378
33 631
25 241
30 729

Estimated living cost  is ₽27341 per week

₽17003
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.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49884
₽39189
₽26516
₽28883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
9 970
health
-
-
-
15 660
solidarity contribution
-
-
-
-
social contributions
-
-
-
33 872
total
-
-
-
59 502
Employee
44 092
-
86 567
-
social contributions
2 866
-
5 627
-
health
5 952
-
11 687
-
solidarity contribution
-
-
-
-
income
5 291
-
10 388
-
total
14 109
-
27 702
-
Employer
44 092
-
86 567
-
social contributions
11 023
-
21 642
-
health
3 968
-
7 791
-
total
14 991
-
29 433
-
Corporate
56 917
116 000
-
-
income
10 814
22 040
-
-
total
10 814
22 040
-
-
Dividends
46 103
93 960
-
-
withholding
6 915
14 094
-
-
total
6 915
14 094
-
-
Income
116 000
116 000
116 000
116 000
Total tax
46 829
36 134
57 135
59 502
After tax
69 171
79 866
58 865
56 498
Living cost
29 982
29 982
29 982
29 982
Free-cash
39 189
49 884
28 883
26 516

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32511
₽32008
₽25366
₽980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
464
income
-
-
-
21 231
pensions
-
-
-
21 460
unemployment
-
-
-
6 225
health
-
-
-
8 873
surtax
-
-
-
-
total
-
-
-
58 253
Employee
44 366
40 447
90 075
-
other
443
404
901
-
health
1 716
1 566
3 486
-
income
3 952
2 983
18 846
-
pensions
4 544
4 141
9 224
-
unemployment
1 331
1 213
2 702
-
total
11 986
10 307
35 159
-
Employer
44 366
40 447
90 075
-
accident
576
526
1 171
-
other
2 107
1 920
4 280
-
chamber of commerce
177
162
360
-
unemployment
1 331
1 213
2 702
-
surtax
-
-
-
-
pensions
5 568
5 077
11 304
-
payroll
1 331
1 213
2 702
-
health
1 678
1 529
3 405
-
total
12 768
11 640
25 924
-
Corporate
58 866
63 912
86 223
-
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.

14 717
15 979
21 556
-
total
14 717
15 979
21 556
-
Dividends
44 149
47 933
-
-
withholding
12 140
13 182
-
-
total
12 140
13 182
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 611
51 108
82 639
58 253
After tax
64 389
64 892
33 361
57 747
Living cost
32 381
32 381
32 381
32 381
Free-cash
32 008
32 511
980
25 366

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95769
₽93064
₽100410
₽78370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
116 000
-
income
3 608
-
23 200
-
total
3 608
-
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%.

97 962
116 000
-
-
total
-
-
-
-
Dividends
97 962
116 000
-
-
withholding
4 898
5 800
-
-
total
4 898
5 800
-
-
Income
116 000
116 000
116 000
116 000
Total tax
8 506
5 800
23 200
1 160
After tax
107 494
110 200
92 800
114 840
Living cost
14 430
14 430
14 430
14 430
Free-cash
93 064
95 769
78 370
100 410

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52642
₽44152
₽32157
₽28832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 848
pensions
-
-
-
21 185
unemployment
-
-
-
173
health
-
-
-
11 414
total
-
-
-
56 620
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.

44 881
-
100 372
-
health
2 899
-
6 483
-
income
7 740
-
22 136
-
pensions
6 957
-
15 557
-
unemployment
64
-
141
-
total
17 660
-
44 317
-
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.

44 881
-
100 372
-
unemployment
27
-
60
-
pensions
3 972
-
8 883
-
health
2 989
-
6 685
-
total
6 988
-
15 628
-
Corporate
64 131
116 000
-
-
income
12 184
22 040
-
-
total
12 184
22 040
-
-
Dividends
51 947
93 960
-
-
withholding
7 793
14 095
-
-
total
7 793
14 095
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 625
36 135
59 945
56 620
After tax
71 375
79 865
56 055
59 380
Living cost
27 223
27 223
27 223
27 223
Free-cash
44 152
52 642
28 832
32 157

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
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.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26562
-₽36088
₽36153
₽58570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
22 611
social contributions
-
-
-
13 224
total
-
-
-
35 835
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
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
108 076
45 426
13 418
35 835
After tax
7 924
70 574
102 582
80 165
Living cost
44 012
44 012
44 012
44 012
Free-cash
-36 088
26 562
58 570
36 153

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34144
₽33123
₽32343
₽25523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
116 000
income
-
-
-
11 510
surtax
-
-
-
-
social contributions

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

-
-
-
40 311
total
-
-
-
51 821
Employee
46 680
-
93 737
-
social contributions
5 135
-
10 310
-
surtax
-
-
-
-
income
9 710
-
26 068
-
total
14 845
-
36 378
-
Employer
46 680
-
93 737
-
social contributions
11 086
-
22 263
-
total
11 086
-
22 263
-
Corporate
58 234
116 000
-
-
surtax
-
-
-
-
income
12 229
24 361
-
-
total
12 229
24 361
-
-
Dividends
46 005
91 639
-
-
withholding
12 881
25 659
-
-
total
12 881
25 659
-
-
Income
116 000
116 000
116 000
116 000
Total tax
51 041
50 020
58 641
51 821
After tax
64 959
65 980
57 359
64 179
Living cost
31 836
31 836
31 836
31 836
Free-cash
33 123
34 144
25 523
32 343

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9443
₽16421
₽17364
₽21675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
income
-
-
-
13 100
pensions
-
-
-
26 669
other
-
-
-
3 596
health
-
-
-
2 945
surtax
-
-
-
-
social contributions
-
-
-
3 305
total
-
-
-
49 615
Employee
63 568
-
93 230
-
social contributions
1 810
-
2 656
-
surtax
-
-
-
-
income
5 546
-
14 899
-
pensions
7 190
-
4 979
-
total
14 546
-
22 534
-
Employer
63 568
-
93 230
-
other
2 194
-
3 217
-
social contributions
191
-
279
-
unemployment
2 575
-
3 775
-
pensions
10 445
-
8 653
-
health
4 449
-
6 846
-
total
19 854
-
22 770
-
Corporate
32 578
116 000
-
-
surtax
-
-
-
-
income
9 122
32 479
-
-
total
9 122
32 479
-
-
Dividends
23 456
83 521
-
-
surtax
-
-
-
-
social contributions
4 033
14 365
-
-
withholding
3 003
10 692
-
-
total
7 036
25 057
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 558
57 536
45 304
49 615
After tax
65 442
58 464
70 696
66 385
Living cost
49 021
49 021
49 021
49 021
Free-cash
16 421
9 443
21 675
17 364

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73890
₽70481
₽57086
₽60170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 885
social contributions
-
-
-
25 520
total
-
-
-
28 405
Employee
32 630
-
100 434
-
income
-
-
3 228
-
social contributions
2 121
-
6 527
-
total
2 121
-
9 755
-
Employer
32 630
-
100 434
-
social contributions
5 058
-
15 566
-
total
5 058
-
15 566
-
Corporate
78 313
116 000
-
-
income
7 831
11 601
-
-
total
7 831
11 601
-
-
Dividends
70 481
104 399
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
15 010
11 601
25 321
28 405
After tax
100 990
104 399
90 679
87 595
Living cost
30 509
30 509
30 509
30 509
Free-cash
70 481
73 890
60 170
57 086

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽105140
-₽105140
₽22206
-₽105140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
22 299
pensions
-
-
-
880
national
-
-
-
12 524
labour market
-
-
-
9 210
total
-
-
-
44 913
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
116 000
116 000
116 000
116 000
Total tax
172 259
172 259
172 259
44 913
After tax
-56 259
-56 259
-56 259
71 087
Living cost
48 881
48 881
48 881
48 881
Free-cash
-105 140
-105 140
-105 140
22 206

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12395
₽6053
₽57727
₽39071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
29 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
36 482
Employee
34 278
-
100 772
-
health
3 925
-
11 538
-
income
4 703
-
20 702
-
pensions
3 860
-
7 670
-
total
12 488
-
39 910
-
Employer
34 278
-
100 772
-
accident
572
-
1 683
-
unemployment
840
-
2 469
-
pensions
5 574
-
11 076
-
total
6 986
-
15 228
-
Corporate
74 736
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.

67 263
104 400
-
-
total
67 263
104 400
-
-
Dividends
7 473
11 600
-
-
withholding
1 420
2 204
-
-
total
1 420
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
88 157
106 604
55 138
36 482
After tax
27 843
9 396
60 862
79 518
Living cost
21 790
21 790
21 790
21 790
Free-cash
6 053
-12 395
39 071
57 727

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37054
₽36349
₽41780
₽25877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 634
health
-
-
-
1 364
national
-
-
-
13 255
total
-
-
-
35 253
Employee
53 399
-
97 585
-
health
399
-
1 079
-
municipal
8 746
-
15 923
-
pensions
3 604
-
6 587
-
unemployment
801
-
1 464
-
national
882
-
7 690
-
total
14 432
-
32 743
-
Employer
53 399
-
97 585
-
accident
54
-
98
-
unemployment
347
-
634
-
pensions
9 264
-
16 930
-
health
410
-
751
-
total
10 075
-
18 413
-
Corporate
52 526
116 000
-
-
income
10 505
23 199
-
-
total
10 505
23 199
-
-
Dividends

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

31 516
69 600
-
-
national
-
4 251
-
-
municipal
5 672
12 529
-
-
total
5 672
16 780
-
-
Income
116 000
116 000
116 000
116 000
Total tax
40 684
39 979
51 156
35 253
After tax
75 316
76 021
64 844
80 747
Living cost
38 967
38 967
38 967
38 967
Free-cash
36 349
37 054
25 877
41 780

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
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.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61329
₽55805
₽57984
₽56699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 137
health
-
-
-
2 958
social contributions
-
-
-
16 422
total
-
-
-
34 517
Employee
78 045
78 045
105 314
-
social contributions
2 951
6 477
8 737
-
health
605
1 327
1 791
-
income
8 498
7 225
14 588
-
total
12 054
15 029
25 116
-
Employer
78 045
78 045
105 314
-
social contributions
2 951
6 477
8 737
-
health
657
1 445
1 949
-
total
3 608
7 922
10 686
-
Corporate
76 840
30 033
-
-
income
9 605
3 754
-
-
total
9 605
3 754
-
-
Dividends
67 235
26 279
-
-
withholding
11 429
4 467
-
-
total
11 429
4 467
-
-
Income
116 000
116 000
116 000
116 000
Total tax
36 696
31 172
35 802
34 517
After tax
79 304
84 828
80 198
81 483
Living cost
23 499
23 499
23 499
23 499
Free-cash
55 805
61 329
56 699
57 984

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79946
₽74780
₽78445
₽58085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 283
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
21 441
Employee

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

23 297
-
106 081
-
health
1 980
-
8 186
-
income
1 593
-
8 768
-
pensions
3 494
-
14 445
-
unemployment
116
-
482
-
total
7 183
-
31 881
-
Employer

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

23 297
-
106 081
-
unemployment
116
-
482
-
pensions
1 281
-
5 297
-
health
1 002
-
4 141
-
total
2 399
-
9 920
-
Corporate
90 305
116 000
-
-
income
8 128
10 439
-
-
total
8 128
10 439
-
-
Dividends
82 177
105 561
-
-
withholding
7 396
9 501
-
-
total
7 396
9 501
-
-
Income
116 000
116 000
116 000
116 000
Total tax
25 106
19 940
41 801
21 441
After tax
90 894
96 060
74 199
94 559
Living cost
16 114
16 114
16 114
16 114
Free-cash
74 780
79 946
58 085
78 445

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50170
₽44892
₽35670
₽32264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
24 198
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 420
Employee
37 529
-
87 958
-
other
37
-
89
-
income
7 235
-
22 199
-
pensions
1 764
-
4 133
-
unemployment
582
-
1 364
-
total
9 618
-
27 785
-
Employer
37 529
-
87 958
-
accident
743
-
1 741
-
other
300
-
703
-
unemployment
2 065
-
4 838
-
pensions
8 856
-
20 759
-
total
11 964
-
28 041
-
Corporate
66 507
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.

9 975
17 400
-
-
total
9 975
17 400
-
-
Dividends
56 532
98 600
-
-
withholding
11 641
20 520
-
-
total
11 641
20 520
-
-
Income
116 000
116 000
116 000
116 000
Total tax
43 198
37 920
55 826
52 420
After tax
72 802
78 080
60 174
63 580
Living cost
27 910
27 910
27 910
27 910
Free-cash
44 892
50 170
32 264
35 670

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69597
₽69140
₽70976
₽70778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
38 730
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
42 237
Employee
4 245
-
113 713
-
health
212
-
508
-
income
821
-
38 623
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
40 148
-
Employer
4 245
-
113 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
110 799
116 000
-
-
income
24 376
25 520
-
-
total
24 376
25 520
-
-
Dividends
86 424
90 480
-
-
withholding
17 285
18 096
-
-
total
17 285
18 096
-
-
Income
116 000
116 000
116 000
116 000
Total tax
44 073
43 616
42 435
42 237
After tax
71 927
72 384
73 565
73 763
Living cost
2 787
2 787
2 787
2 787
Free-cash
69 140
69 597
70 778
70 976

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66250
₽61252
₽45557
₽45556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 517
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
52 883
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.

26 480
-
102 568
-
health
1 364
-
3 865
-
income
3 650
-
24 517
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
39 451
-
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.

26 480
-
102 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
84 780
116 000
-
-
income
12 717
17 400
-
-
total
12 717
17 400
-
-
Dividends
72 063
98 600
-
-
withholding
10 810
14 790
-
-
total
10 810
14 790
-
-
Income
116 000
116 000
116 000
116 000
Total tax
37 188
32 190
52 884
52 883
After tax
78 812
83 810
63 116
63 117
Living cost
17 560
17 560
17 560
17 560
Free-cash
61 252
66 250
45 556
45 557

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38618
₽38251
₽36817
₽29997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
116 000
income
-
-
-
11 510
surtax
-
-
-
-
social contributions

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

-
-
-
40 311
total
-
-
-
51 821
Employee
39 393
-
93 737
-
social contributions
4 334
-
10 310
-
surtax
-
-
-
-
income
7 697
-
26 068
-
total
12 031
-
36 378
-
Employer
39 393
-
93 737
-
social contributions
9 355
-
22 263
-
total
9 355
-
22 263
-
Corporate
67 253
116 000
-
-
surtax
-
-
-
-
income
14 124
24 361
-
-
total
14 124
24 361
-
-
Dividends
53 129
91 639
-
-
withholding
14 877
25 659
-
-
total
14 877
25 659
-
-
Income
116 000
116 000
116 000
116 000
Total tax
50 387
50 020
58 641
51 821
After tax
65 613
65 980
57 359
64 179
Living cost
27 362
27 362
27 362
27 362
Free-cash
38 251
38 618
29 997
36 817

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
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.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42410
₽34716
₽27910
₽24504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
847
income
-
-
-
24 198
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
52 420
Employee
49 017
-
87 958
-
other
48
-
89
-
income
10 238
-
22 199
-
pensions
2 304
-
4 133
-
unemployment
759
-
1 364
-
total
13 349
-
27 785
-
Employer
49 017
-
87 958
-
accident
971
-
1 741
-
other
393
-
703
-
unemployment
2 696
-
4 838
-
pensions
11 568
-
20 759
-
total
15 628
-
28 041
-
Corporate
51 354
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.

7 702
17 400
-
-
total
7 702
17 400
-
-
Dividends
43 652
98 600
-
-
withholding
8 935
20 520
-
-
total
8 935
20 520
-
-
Income
116 000
116 000
116 000
116 000
Total tax
45 614
37 920
55 826
52 420
After tax
70 386
78 080
60 174
63 580
Living cost
35 670
35 670
35 670
35 670
Free-cash
34 716
42 410
24 504
27 910

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81713
₽75526
₽71663
₽75536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
26 870
Employee
23 129
-
109 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
10 904
-
pensions

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

2 030
-
3 114
-
total
5 661
-
16 039
-
Employer
23 129
-
109 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
88 333
116 000
-
-
income
8 833
11 600
-
-
total
8 833
11 600
-
-
Dividends
79 500
104 400
-
-
withholding
3 975
5 220
-
-
total
3 975
5 220
-
-
Income
116 000
116 000
116 000
116 000
Total tax
23 007
16 820
22 997
26 870
After tax
92 993
99 180
93 003
89 130
Living cost
17 467
17 467
17 467
17 467
Free-cash
75 526
81 713
75 536
71 663

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20617
₽33894
₽29523
₽39398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 875
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.

-
-
-
28 895
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.

-
-
-
6 934
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.

-
-
-
1 589
total
-
-
-
47 293
Employee

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

50 500
-
116 000
-
health

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

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

6 934
-
6 934
-
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.

229
-
1 589
-
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.

4 153
-
28 895
-
total
11 316
-
37 418
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 500
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.

541
957
-
-
income
9 825
17 400
-
-
trade
9 399
16 647
-
-
chamber of commerce
250
324
-
-
total
20 015
35 328
-
-
Dividends
45 484
80 672
-
-
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.

605
1 088
-
-
withholding
10 986
19 783
-
-
total
11 591
20 871
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 922
56 199
37 418
47 293
After tax
73 078
59 801
78 582
68 707
Living cost
39 184
39 184
39 184
39 184
Free-cash
33 894
20 617
39 398
29 523

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23384
₽25625
₽17937
₽17937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 625
social contributions
-
-
-
10 622
total
-
-
-
40 247
Employee
79 392
-
116 000
-
income
14 981
-
29 625
-
social contributions
6 596
-
10 622
-
total
21 577
-
40 247
-
Employer
79 392
-
116 000
-
total
-
-
-
-
Corporate
36 608
116 000
-
-
income
4 576
14 499
-
-
total
4 576
14 499
-
-
Dividends
32 032
101 501
-
-
withholding
6 406
20 301
-
-
total
6 406
20 301
-
-
Income
116 000
116 000
116 000
116 000
Total tax
32 559
34 800
40 247
40 247
After tax
83 441
81 200
75 753
75 753
Living cost
57 816
57 816
57 816
57 816
Free-cash
25 625
23 384
17 937
17 937

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33196
₽36741
₽43455
₽48575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
111 331
-
income
5 052
-
21 244
-
social contributions
4 665
-
4 669
-
total
9 717
-
25 913
-
Employer
46 560
-
111 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
64 775
116 000
-
-
income
22 672
40 599
-
-
total
22 672
40 599
-
-
Dividends
42 103
75 401
-
-
social contributions
5 362
5 362
-
-
total
5 362
5 362
-
-
Income
116 000
116 000
116 000
116 000
Total tax
42 416
45 961
30 582
35 702
After tax
73 584
70 039
85 418
80 298
Living cost
36 843
36 843
36 843
36 843
Free-cash
36 741
33 196
48 575
43 455

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44838
₽43096
₽43720
₽33043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 315
pensions
-
-
-
7 926
total
-
-
-
34 241
Employee
52 214
-
101 927
-
health
681
-
1 701
-
income
9 509
-
19 195
-
pensions
3 985
-
9 951
-
total
14 175
-
30 847
-
Employer
52 214
-
101 927
-
pensions
5 275
-
12 134
-
health
992
-
1 937
-
total
6 267
-
14 071
-
Corporate
57 519
116 000
-
-
income

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

10 929
22 039
-
-
total
10 929
22 039
-
-
Dividends
46 590
93 961
-
-
withholding
3 494
11 084
-
-
total
3 494
11 084
-
-
Income
116 000
116 000
116 000
116 000
Total tax
34 865
33 123
44 918
34 241
After tax
81 135
82 877
71 082
81 759
Living cost
38 039
38 039
38 039
38 039
Free-cash
43 096
44 838
33 043
43 720

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14552
₽5723
₽55570
₽36914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
29 480
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
36 482
Employee
37 671
-
100 772
-
health
4 313
-
11 538
-
income
5 168
-
20 702
-
pensions
4 242
-
7 670
-
total
13 723
-
39 910
-
Employer
37 671
-
100 772
-
accident
629
-
1 683
-
unemployment
923
-
2 469
-
pensions
6 125
-
11 076
-
total
7 677
-
15 228
-
Corporate
70 652
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.

63 587
104 400
-
-
total
63 587
104 400
-
-
Dividends
7 065
11 600
-
-
withholding
1 342
2 204
-
-
total
1 342
2 204
-
-
Income
116 000
116 000
116 000
116 000
Total tax
86 329
106 604
55 138
36 482
After tax
29 671
9 396
60 862
79 518
Living cost
23 948
23 948
23 948
23 948
Free-cash
5 723
-14 552
36 914
55 570

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽83909
₽79160
₽52218
₽61806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
580
health insurance
-
-
-
8 584
income
-
-
-
18 177
pensions
-
-
-
21 344
unemployment
-
-
-
1 392
total
-
-
-
50 077
Employee

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

21 928
-
116 000
-
work injury
110
-
406
-
income
2 193
-
18 177
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
40 489
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
94 072
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%.

941
1 160
-
-
total
941
1 160
-
-
Dividends
93 131
114 840
-
-
withholding
13 970
17 226
-
-
total
13 970
17 226
-
-
Income
116 000
116 000
116 000
116 000
Total tax
23 135
18 386
40 489
50 077
After tax
92 865
97 614
75 511
65 923
Living cost
13 705
13 705
13 705
13 705
Free-cash
79 160
83 909
61 806
52 218

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20669
₽16051
₽16850
₽11548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
116 000
municipal
-
-
-
776
regional
-
-
-
2 451
national
-
-
-
25 655
social contributions
-
-
-
29 835
total
-
-
-
58 717
Employee
85 526
-
116 000
-
social contributions
28 839
-
39 114
-
regional
1 291
-
2 085
-
municipal
510
-
691
-
national
14 453
-
22 129
-
total
45 093
-
64 019
-
Employer
85 526
-
116 000
-
total
-
-
-
-
Corporate
30 474
116 000
-
-
nationa
7 313
27 839
-
-
municipal
1 470
5 591
-
-
total
8 783
33 430
-
-
Dividends
21 691
82 569
-
-
withholding
5 640
21 468
-
-
total
5 640
21 468
-
-
Income
116 000
116 000
116 000
116 000
Total tax
59 516
54 898
64 019
58 717
After tax
56 484
61 102
51 981
57 283
Living cost
40 433
40 433
40 433
40 433
Free-cash
16 051
20 669
11 548
16 850

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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