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
₽ 117000
per

Your estimated
City
free-cash

Dresden , Germany
₽28546
₽39706
₽37456
₽48493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
trade
-
-
-
11 037
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.

-
-
-
29 428
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 618
total
-
-
-
48 977
Employee

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

38 599
-
117 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 618
-
income

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

1 078
-
29 428
-
total
8 031
-
37 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 401
117 000
-
-
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.

647
965
-
-
income
11 761
17 550
-
-
trade
12 349
18 427
-
-
chamber of commerce
266
322
-
-
total
25 023
37 264
-
-
Dividends
53 378
79 736
-
-
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.

712
1 074
-
-
withholding
12 961
19 549
-
-
total
13 673
20 623
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 727
57 887
37 940
48 977
After tax
70 273
59 113
79 060
68 023
Living cost
30 567
30 567
30 567
30 567
Free-cash
39 706
28 546
48 493
37 456

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽22014
₽21166
₽19116
₽20034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
12 391
pensions
-
-
-
14 040
national
-
-
-
19 201
social contributions
-
-
-
1 258
total
-
-
-
46 890
Employee
79 050
-
101 145
-
municipal
9 764
-
12 844
-
pensions
3 162
-
4 046
-
national
15 130
-
19 903
-
total
28 056
-
36 793
-
Employer
79 050
-
101 145
-
social contributions
850
-
1 087
-
pensions
6 324
-
8 092
-
total
7 174
-
9 179
-
Corporate
25 559
117 000
-
-
income

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

5 112
23 400
-
-
total
5 112
23 400
-
-
Dividends
20 447
93 600
-
-
withholding
4 498
20 592
-
-
total
4 498
20 592
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 840
43 992
45 972
46 890
After tax
72 160
73 008
71 028
70 110
Living cost
50 994
50 994
50 994
50 994
Free-cash
21 166
22 014
20 034
19 116

Estimated living cost  is ₽50994 per week

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

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽72604
₽64328
₽41281
₽44769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
microenterprise
-
-
-
-
income
-
-
-
17 109
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.

-
-
-
37 615
total
-
-
-
54 724
Employee
29 489
-
94 287
-
social contributions

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

3 244
-
10 372
-
surtax
-
-
-
-
income
5 249
-
18 151
-
total
8 493
-
28 523
-
Employer
29 489
-
94 287
-
social contributions

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

7 103
-
22 713
-
surtax
-
-
-
-
total
7 103
-
22 713
-
Corporate
80 408
117 000
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

16 081
23 401
-
-
total
16 081
23 401
-
-
Dividends

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

64 327
93 599
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
31 677
23 401
51 236
54 724
After tax
85 323
93 599
65 764
62 276
Living cost
20 995
20 995
20 995
20 995
Free-cash
64 328
72 604
44 769
41 281

Estimated living cost  is ₽20995 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽14747
₽8562
₽24608
₽19347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
25 848
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 116
Employee
86 180
86 180
99 565
-
health
13 228
11 251
12 014
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 944
-
Employer
86 180
86 180
99 565
-
unemployment
3 102
3 102
3 585
-
pensions
5 998
5 998
6 929
-
health
5 990
5 990
6 919
-
total
15 090
15 090
17 433
-
Corporate
16 786
15 729
-
-
income
3 357
3 147
-
-
total
3 357
3 147
-
-
Dividends
13 429
12 582
-
-
income
2 854
2 673
-
-
withholding
2 015
1 886
-
-
total
4 869
4 559
-
-
Income
117 000
117 000
117 000
117 000
Total tax
66 162
59 977
55 377
50 116
After tax
50 838
57 023
61 623
66 884
Living cost
42 276
42 276
42 276
42 276
Free-cash
8 562
14 747
19 347
24 608

Estimated living cost  is ₽42276 per week

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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽24890
₽24015
₽23433
₽22382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
27 507
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
2 311
total
-
-
-
54 575
Employee
55 560
-
90 150
-
municipal
16 568
-
26 883
-
national
-
-
1 892
-
total
16 568
-
28 775
-
Employer
55 560
-
90 150
-
accident
111
-
171
-
other
6 456
-
9 930
-
unemployment
1 467
-
2 256
-
pensions
6 006
-
9 238
-
health
3 417
-
5 256
-
total
17 457
-
26 851
-
Corporate
43 983
117 000
-
-
income
9 676
25 740
-
-
total
9 676
25 740
-
-
Dividends
34 307
91 260
-
-
withholding
10 292
27 378
-
-
total
10 292
27 378
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 993
53 118
55 626
54 575
After tax
63 007
63 882
61 374
62 425
Living cost
38 992
38 992
38 992
38 992
Free-cash
24 015
24 890
22 382
23 433

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽18862
₽33044
₽27886
₽39415
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
trade
-
-
-
11 529
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.

-
-
-
29 428
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 618
total
-
-
-
49 469
Employee

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

51 178
-
117 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
1 618
-
income

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

4 397
-
29 428
-
total
11 532
-
37 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 822
117 000
-
-
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.

544
965
-
-
income
9 872
17 550
-
-
trade
10 828
19 247
-
-
chamber of commerce
247
320
-
-
total
21 491
38 082
-
-
Dividends
44 331
78 918
-
-
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.

588
1 065
-
-
withholding
10 700
19 346
-
-
total
11 288
20 411
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 311
58 493
37 940
49 469
After tax
72 689
58 507
79 060
67 531
Living cost
39 645
39 645
39 645
39 645
Free-cash
33 044
18 862
39 415
27 886

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽52818
₽48631
₽49418
₽48132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
15 537
health
-
-
-
2 984
social contributions
-
-
-
16 328
total
-
-
-
34 849
Employee
77 601
77 601
106 346
-
social contributions
3 771
6 441
8 687
-
health
772
1 320
1 808
-
income
8 149
7 184
14 986
-
total
12 692
14 945
25 481
-
Employer
77 601
77 601
106 346
-
social contributions
3 771
6 441
8 687
-
health
841
1 436
1 967
-
total
4 612
7 877
10 654
-
Corporate
66 964
31 522
-
-
income
8 371
3 939
-
-
total
8 371
3 939
-
-
Dividends
58 593
27 582
-
-
withholding
9 961
4 688
-
-
total
9 961
4 688
-
-
Income
117 000
117 000
117 000
117 000
Total tax
35 636
31 449
36 135
34 849
After tax
81 364
85 551
80 865
82 151
Living cost
32 733
32 733
32 733
32 733
Free-cash
48 631
52 818
48 132
49 418

Estimated living cost  is ₽32733 per week

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

Source of data for Limassol model

Close
Budapest , Hungary
₽47517
₽47898
₽62716
₽49489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
14 303
pensions
-
-
-
11 700
unemployment
-
-
-
1 755
health
-
-
-
8 190
total
-
-
-
35 948
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.

26 469
10 534
97 908
-
health
1 853
737
6 854
-
income
3 236
1 288
11 969
-
pensions
2 647
1 053
9 791
-
unemployment
397
158
1 469
-
total
8 133
3 236
30 083
-
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.

26 469
10 534
97 908
-
pensions
5 161
2 054
19 092
-
total
5 161
2 054
19 092
-
Corporate
85 370
104 412
-
-
income
7 683
9 397
-
-
total
7 683
9 397
-
-
Dividends
77 687
95 015
-
-
social contributions
15 029
18 407
-
-
withholding
14 760
18 053
-
-
total
29 789
36 460
-
-
Income
117 000
117 000
117 000
117 000
Total tax
50 766
51 147
49 175
35 948
After tax
66 234
65 853
67 825
81 052
Living cost
18 336
18 336
18 336
18 336
Free-cash
47 898
47 517
49 489
62 716

Estimated living cost  is ₽18336 per week

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

Source of data for Budapest model

Close
Tallinn , Estonia
₽69224
₽62956
₽38337
₽43062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
15 677
pensions
-
-
-
23 401
health
-
-
-
15 210
total
-
-
-
54 288
Employee
28 629
-
87 444
-
income
3 223
-
16 859
-
pensions
573
-
1 748
-
unemployment
458
-
1 400
-
total
4 254
-
20 007
-
Employer
28 629
-
87 444
-
unemployment
230
-
699
-
pensions
5 726
-
17 489
-
health
3 721
-
11 368
-
total
9 677
-
29 556
-
Corporate
78 694
117 000
-
-
income
15 738
23 401
-
-
total
15 738
23 401
-
-
Dividends
62 956
93 599
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
29 669
23 401
49 563
54 288
After tax
87 331
93 599
67 437
62 712
Living cost
24 375
24 375
24 375
24 375
Free-cash
62 956
69 224
43 062
38 337

Estimated living cost  is ₽24375 per week

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

Source of data for Tallinn model

Close
Gdansk , Poland
-₽12595
₽6091
₽58126
₽39383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
253
income
-
-
-
29 815
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 802
Employee
34 721
-
101 754
-
health
3 975
-
11 651
-
income
4 763
-
20 995
-
pensions
3 910
-
7 654
-
total
12 648
-
40 300
-
Employer
34 721
-
101 754
-
accident
580
-
1 699
-
unemployment
851
-
2 493
-
pensions
5 646
-
11 053
-
total
7 077
-
15 245
-
Corporate
75 203
117 000
-
-
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.

67 683
105 300
-
-
total
67 683
105 300
-
-
Dividends
7 520
11 700
-
-
withholding
1 429
2 223
-
-
total
1 429
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
88 837
107 523
55 545
36 802
After tax
28 163
9 477
61 455
80 198
Living cost
22 072
22 072
22 072
22 072
Free-cash
6 091
-12 595
39 383
58 126

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽102070
₽100368
₽106750
₽84520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
117 000
microenterprise

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

-
-
-
1 170
total
-
-
-
1 170
Employee
11 349
-
117 000
-
income
2 270
-
23 400
-
total
2 270
-
23 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

105 651
117 000
-
-
total
-
-
-
-
Dividends
105 651
117 000
-
-
withholding
5 282
5 850
-
-
total
5 282
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
7 552
5 850
23 400
1 170
After tax
109 448
111 150
93 600
115 830
Living cost
9 080
9 080
9 080
9 080
Free-cash
100 368
102 070
84 520
106 750

Estimated living cost  is ₽9080 per week

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

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽59069
₽52253
₽36039
₽40880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
15 283
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.

-
-
-
28 081
other
-
-
-
5 558
health
-
-
-
5 148
total
-
-
-
54 070
Employee
36 642
-
93 450
-
health
513
-
1 308
-
income
6 308
-
16 895
-
pensions

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

2 564
-
6 542
-
unemployment
366
-
935
-
total
9 751
-
25 680
-
Employer
36 642
-
93 450
-
accident
293
-
747
-
other
1 833
-
4 673
-
unemployment
366
-
935
-
pensions

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

6 230
-
15 886
-
health
513
-
1 308
-
total
9 235
-
23 549
-
Corporate
71 123
117 000
-
-
income
14 936
24 571
-
-
total
14 936
24 571
-
-
Dividends
56 187
92 429
-
-
withholding
3 934
6 469
-
-
total
3 934
6 469
-
-
Income
117 000
117 000
117 000
117 000
Total tax
37 856
31 040
49 229
54 070
After tax
79 144
85 960
67 771
62 930
Living cost
26 891
26 891
26 891
26 891
Free-cash
52 253
59 069
40 880
36 039

Estimated living cost  is ₽26891 per week

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

Source of data for Bratislava model

Close
London , United Kingdom
₽15478
₽6028
₽14470
₽3583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
26 919
pensions
-
-
-
7 885
total
-
-
-
34 804
Employee
95 822
-
102 773
-
health
1 579
-
1 722
-
income
17 273
-
19 664
-
pensions
9 244
-
10 078
-
total
28 096
-
31 464
-
Employer
95 822
-
102 773
-
pensions
11 314
-
12 273
-
health
1 820
-
1 954
-
total
13 134
-
14 227
-
Corporate
8 044
117 000
-
-
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.

1 528
22 231
-
-
total
1 528
22 231
-
-
Dividends
6 516
94 769
-
-
withholding
488
11 565
-
-
total
488
11 565
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 246
33 796
45 691
34 804
After tax
73 754
83 204
71 309
82 196
Living cost
67 726
67 726
67 726
67 726
Free-cash
6 028
15 478
3 583
14 470

Estimated living cost  is ₽67726 per week

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

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽86796
₽82105
₽76794
₽80725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
17 550
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
26 967
Employee
17 531
-
110 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
11 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
16 115
-
Employer
17 531
-
110 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
96 029
117 000
-
-
income
9 603
11 700
-
-
total
9 603
11 700
-
-
Dividends
86 427
105 300
-
-
withholding
4 322
5 265
-
-
total
4 322
5 265
-
-
Income
117 000
117 000
117 000
117 000
Total tax
21 656
16 965
23 036
26 967
After tax
95 344
100 035
93 964
90 033
Living cost
13 239
13 239
13 239
13 239
Free-cash
82 105
86 796
80 725
76 794

Estimated living cost  is ₽13239 per week

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

Source of data for Varna model

Close
Amsterdam , Netherlands
₽1062
₽3598
₽10923
₽5662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
25 848
pensions
-
-
-
11 824
health
-
-
-
12 444
total
-
-
-
50 116
Employee
93 564
86 180
99 565
-
health
11 673
11 251
12 014
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 944
-
Employer
93 564
86 180
99 565
-
unemployment
3 369
3 102
3 585
-
pensions
6 511
5 998
6 929
-
health
6 502
5 990
6 919
-
total
16 382
15 090
17 433
-
Corporate
7 054
15 729
-
-
income
1 411
3 147
-
-
total
1 411
3 147
-
-
Dividends
5 643
12 582
-
-
income
1 199
2 673
-
-
withholding
846
1 886
-
-
total
2 045
4 559
-
-
Income
117 000
117 000
117 000
117 000
Total tax
57 441
59 977
55 377
50 116
After tax
59 559
57 023
61 623
66 884
Living cost
55 961
55 961
55 961
55 961
Free-cash
3 598
1 062
5 662
10 923

Estimated living cost  is ₽55961 per week

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

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽56384
₽47762
₽32814
₽35203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
10 056
health
-
-
-
15 795
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 164
total
-
-
-
60 015
Employee
35 546
-
87 314
-
social contributions
2 310
-
5 675
-
health
4 799
-
11 787
-
solidarity contribution
-
-
-
-
income
4 265
-
10 478
-
total
11 374
-
27 940
-
Employer
35 546
-
87 314
-
social contributions
8 886
-
21 828
-
health
3 199
-
7 858
-
total
12 085
-
29 686
-
Corporate
69 369
117 000
-
-
income
13 180
22 230
-
-
total
13 180
22 230
-
-
Dividends
56 189
94 770
-
-
withholding
8 428
14 215
-
-
total
8 428
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 067
36 445
57 626
60 015
After tax
71 933
80 555
59 374
56 985
Living cost
24 171
24 171
24 171
24 171
Free-cash
47 762
56 384
35 203
32 814

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19841
₽14573
₽16333
₽10765
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
695
regional
-
-
-
1 319
national
-
-
-
25 977
social contributions
-
-
-
30 092
total
-
-
-
58 083
Employee
89 690
-
117 000
-
social contributions
30 243
-
39 453
-
regional
846
-
1 158
-
municipal
475
-
620
-
national
15 541
-
22 420
-
total
47 105
-
63 651
-
Employer
89 690
-
117 000
-
total
-
-
-
-
Corporate
27 310
117 000
-
-
nationa
6 554
28 079
-
-
municipal
1 065
4 564
-
-
total
7 619
32 643
-
-
Dividends
19 692
84 357
-
-
withholding
5 119
21 932
-
-
total
5 119
21 932
-
-
Income
117 000
117 000
117 000
117 000
Total tax
59 843
54 575
63 651
58 083
After tax
57 157
62 425
53 349
58 917
Living cost
42 584
42 584
42 584
42 584
Free-cash
14 573
19 841
10 765
16 333

Estimated living cost  is ₽42584 per week

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

Source of data for Milan model

Close
Thessaloniki , Greece
₽51325
₽48183
₽35514
₽33591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
24 107
pensions
-
-
-
23 401
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 306
surtax
-
-
-
3 173
total
-
-
-
59 217
Employee
33 373
-
96 654
-
other
-
-
-
-
health
852
-
2 465
-
surtax
109
-
2 871
-
income
5 594
-
22 284
-
pensions
2 225
-
6 446
-
unemployment
2 323
-
6 728
-
total
11 103
-
40 794
-
Employer
33 373
-
96 654
-
other
-
-
-
-
unemployment
1 057
-
3 064
-
pensions
4 449
-
12 885
-
health
1 519
-
4 397
-
total
7 025
-
20 346
-
Corporate
76 602
117 000
-
-
income
19 917
30 420
-
-
total
19 917
30 420
-
-
Dividends
56 685
86 580
-
-
withholding
8 503
12 986
-
-
total
8 503
12 986
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 548
43 406
61 140
59 217
After tax
70 452
73 594
55 860
57 783
Living cost
22 269
22 269
22 269
22 269
Free-cash
48 183
51 325
33 591
35 514

Estimated living cost  is ₽22269 per week

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

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽36935
₽33423
₽35927
₽25040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
26 919
pensions
-
-
-
7 885
total
-
-
-
34 804
Employee
64 218
-
102 773
-
health
932
-
1 722
-
income
11 566
-
19 664
-
pensions
5 451
-
10 078
-
total
17 949
-
31 464
-
Employer
64 218
-
102 773
-
pensions
6 952
-
12 273
-
health
1 220
-
1 954
-
total
8 172
-
14 227
-
Corporate
44 611
117 000
-
-
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.

8 477
22 231
-
-
total
8 477
22 231
-
-
Dividends
36 134
94 769
-
-
withholding
2 710
11 565
-
-
total
2 710
11 565
-
-
Income
117 000
117 000
117 000
117 000
Total tax
37 308
33 796
45 691
34 804
After tax
79 692
83 204
71 309
82 196
Living cost
46 269
46 269
46 269
46 269
Free-cash
33 423
36 935
25 040
35 927

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽22773
₽9862
₽20617
₽14816
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
city
-
-
-
1 234
pensions
-
-
-
10 765
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.

-
-
-
2 339
regional
-
-
-
4 486
health
-
-
-
263
national
-
-
-
1 022
total
-
-
-
20 109
Employee
89 260
-
104 723
-
city
958
-
1 124
-
regional
2 923
-
3 849
-
health
202
-
235
-
pensions
7 499
-
8 796
-
unemployment
-
-
-
-
national
422
-
781
-
total
12 004
-
14 785
-
Employer
89 260
-
104 723
-
other

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

1 785
-
2 094
-
unemployment
-
-
-
-
pensions
7 499
-
8 796
-
health
202
-
235
-
total
9 486
-
11 125
-
Corporate
17 273
117 000
-
-
regional
3 654
24 746
-
-
national
1 467
9 946
-
-
total
5 121
34 692
-
-
Dividends
12 153
82 308
-
-
withholding
4 253
28 807
-
-
total
4 253
28 807
-
-
Income
117 000
117 000
117 000
117 000
Total tax
30 864
63 499
25 910
20 109
After tax
86 136
53 501
91 090
96 891
Living cost
76 274
76 274
76 274
76 274
Free-cash
9 862
-22 773
14 816
20 617

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11676
₽28041
₽20810
₽32829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
trade
-
-
-
12 019
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.

-
-
-
29 428
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 618
total
-
-
-
49 959
Employee

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

60 650
-
117 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
1 618
-
income

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

7 132
-
29 428
-
total
14 419
-
37 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 350
117 000
-
-
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.

465
965
-
-
income
8 453
17 550
-
-
trade
9 664
20 065
-
-
chamber of commerce
232
318
-
-
total
18 814
38 898
-
-
Dividends
37 536
78 102
-
-
surtax

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

494
1 053
-
-
withholding
9 001
19 142
-
-
total
9 495
20 195
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 728
59 093
37 940
49 959
After tax
74 272
57 907
79 060
67 041
Living cost
46 231
46 231
46 231
46 231
Free-cash
28 041
11 676
32 829
20 810

Estimated living cost  is ₽46231 per week

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

Additional information

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

Source of data for Munich model

Close
Nice , France
₽24441
₽30404
₽32389
₽36503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
13 419
pensions
-
-
-
26 653
other
-
-
-
3 627
health
-
-
-
3 051
surtax
-
-
-
-
social contributions
-
-
-
3 334
total
-
-
-
50 084
Employee
43 191
-
93 909
-
social contributions
1 231
-
2 675
-
surtax
-
-
-
-
income
2 549
-
15 133
-
pensions
4 884
-
5 071
-
total
8 664
-
22 879
-
Employer
43 191
-
93 909
-
other
1 490
-
3 240
-
social contributions
130
-
282
-
unemployment
1 748
-
3 803
-
pensions
7 095
-
8 801
-
health
3 024
-
6 965
-
total
13 487
-
23 091
-
Corporate
60 320
117 000
-
-
surtax
-
-
-
-
income
16 889
32 760
-
-
total
16 889
32 760
-
-
Dividends
43 431
84 240
-
-
surtax
-
-
-
-
social contributions
7 469
14 490
-
-
withholding
5 560
10 782
-
-
total
13 029
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 069
58 032
45 970
50 084
After tax
64 931
58 968
71 030
66 916
Living cost
34 527
34 527
34 527
34 527
Free-cash
30 404
24 441
36 503
32 389

Estimated living cost  is ₽34527 per week

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

Source of data for Nice model

Close
Marseille , France
₽27861
₽33467
₽35809
₽39923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
13 419
pensions
-
-
-
26 653
other
-
-
-
3 627
health
-
-
-
3 051
surtax
-
-
-
-
social contributions
-
-
-
3 334
total
-
-
-
50 084
Employee
38 554
-
93 909
-
social contributions
1 099
-
2 675
-
surtax
-
-
-
-
income
1 988
-
15 133
-
pensions
4 361
-
5 071
-
total
7 448
-
22 879
-
Employer
38 554
-
93 909
-
other
1 331
-
3 240
-
social contributions
115
-
282
-
unemployment
1 561
-
3 803
-
pensions
6 335
-
8 801
-
health
2 698
-
6 965
-
total
12 040
-
23 091
-
Corporate
66 405
117 000
-
-
surtax
-
-
-
-
income
18 594
32 760
-
-
total
18 594
32 760
-
-
Dividends
47 811
84 240
-
-
surtax
-
-
-
-
social contributions
8 223
14 490
-
-
withholding
6 121
10 782
-
-
total
14 344
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 426
58 032
45 970
50 084
After tax
64 574
58 968
71 030
66 916
Living cost
31 107
31 107
31 107
31 107
Free-cash
33 467
27 861
39 923
35 809

Estimated living cost  is ₽31107 per week

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

Source of data for Marseille model

Close
Vilnius , Lithuania
₽49981
₽50505
₽53739
₽53111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
17 550
health
-
-
-
8 166
social contributions
-
-
-
16 146
total
-
-
-
41 862
Employee
34 217
-
117 000
-
social contributions
4 723
-
16 146
-
health
2 388
-
8 166
-
income
5 707
-
18 178
-
total
12 818
-
42 490
-
Employer
34 217
-
117 000
-
total
-
-
-
-
Corporate
82 783
117 000
-
-
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%.

4 139
5 851
-
-
total
4 139
5 851
-
-
Dividends
78 644
111 149
-
-
health
5 489
7 758
-
-
social contributions
10 853
15 338
-
-
withholding
11 797
16 673
-
-
total
28 139
39 769
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 096
45 620
42 490
41 862
After tax
71 904
71 380
74 510
75 138
Living cost
21 399
21 399
21 399
21 399
Free-cash
50 505
49 981
53 111
53 739

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽29755
₽28195
₽22363
-₽2132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
chamber of commerce
-
-
-
467
income
-
-
-
21 625
pensions
-
-
-
21 645
unemployment
-
-
-
6 190
health
-
-
-
8 951
surtax
-
-
-
199
total
-
-
-
59 077
Employee
50 434
40 217
90 696
-
other
504
402
908
-
health
1 952
1 557
3 510
-
income
5 742
2 967
19 128
-
pensions
5 165
4 117
9 286
-
unemployment
1 513
1 207
2 721
-
total
14 876
10 250
35 553
-
Employer
50 434
40 217
90 696
-
accident
655
523
1 180
-
other
2 396
1 909
4 309
-
chamber of commerce
201
161
362
-
unemployment
1 513
1 207
2 721
-
surtax
199
199
199
-
pensions
6 329
5 048
11 382
-
payroll
1 513
1 207
2 721
-
health
1 906
1 521
3 428
-
total
14 712
11 775
26 302
-
Corporate
51 854
65 009
86 868
-
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.

12 963
16 252
21 717
-
total
12 963
16 252
21 717
-
Dividends
38 890
48 757
-
-
withholding
10 694
13 408
-
-
total
10 694
13 408
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 245
51 685
83 572
59 077
After tax
63 755
65 315
33 428
57 923
Living cost
35 560
35 560
35 560
35 560
Free-cash
28 195
29 755
-2 132
22 363

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽28764
₽13630
₽16342
₽7789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
national
-
-
-
39 187
communal

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

-
-
-
5 893
social contributions
-
-
-
18 782
total
-
-
-
63 862
Employee

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

72 187
-
90 621
-
communal

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

3 765
-
4 726
-
health

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

3 392
-
4 259
-
pensions

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

5 414
-
6 797
-
unemployment

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

628
-
789
-
national
22 193
-
29 466
-
total
35 392
-
46 037
-
Employer

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

72 187
-
90 621
-
accident

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

938
-
1 178
-
unemployment

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

1 053
-
1 323
-
surtax
8 185
-
10 276
-
pensions

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

6 396
-
8 028
-
health

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

4 439
-
5 573
-
total
21 011
-
26 378
-
Corporate
23 800
117 000
-
-
surtax
96
467
-
-
income
4 759
23 401
-
-
total
4 855
23 868
-
-
Dividends
18 945
93 132
-
-
withholding

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

5 316
27 572
-
-
total
5 316
27 572
-
-
Income
117 000
117 000
117 000
117 000
Total tax
66 574
51 440
72 415
63 862
After tax
50 426
65 560
44 585
53 138
Living cost
36 796
36 796
36 796
36 796
Free-cash
13 630
28 764
7 789
16 342

Estimated living cost  is ₽36796 per week

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

Source of data for Brussels model

Close
Barcelona , Spain
₽42275
₽34308
₽27816
₽24130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
843
income
-
-
-
24 675
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 738
Employee
50 235
-
88 716
-
other
50
-
88
-
income
10 599
-
22 509
-
pensions
2 361
-
4 169
-
unemployment
779
-
1 375
-
total
13 789
-
28 141
-
Employer
50 235
-
88 716
-
accident
994
-
1 756
-
other
400
-
711
-
unemployment
2 764
-
4 880
-
pensions
11 855
-
20 936
-
total
16 013
-
28 283
-
Corporate
50 753
117 000
-
-
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.

7 613
17 550
-
-
total
7 613
17 550
-
-
Dividends
43 141
99 450
-
-
withholding
8 831
20 729
-
-
total
8 831
20 729
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 246
38 279
56 424
52 738
After tax
70 754
78 721
60 576
64 262
Living cost
36 446
36 446
36 446
36 446
Free-cash
34 308
42 275
24 130
27 816

Estimated living cost  is ₽36446 per week

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

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽16146
₽8499
₽9730
₽14472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
986
income
-
-
-
12 489
pensions
-
-
-
17 537
health
-
-
-
8 220
surtax
-
-
-
5 801
communal
-
-
-
7 394
total
-
-
-
52 427
Employee
76 425
-
104 512
-
health
3 401
-
4 650
-
surtax
4 684
-
6 404
-
income
7 382
-
15 782
-
pensions
6 113
-
8 361
-
total
21 580
-
35 197
-
Employer
76 425
-
104 512
-
accident
688
-
940
-
pensions
6 113
-
8 361
-
health
2 331
-
3 187
-
total
9 132
-
12 488
-
Corporate
31 444
117 000
-
-
surtax
329
1 228
-
-
communal
-
7 898
-
-
income
4 717
17 550
-
-
total
5 046
26 676
-
-
Dividends
26 398
90 324
-
-
income
13 940
5 786
-
-
withholding
3 960
13 549
-
-
total
17 900
19 335
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 658
46 011
47 685
52 427
After tax
63 342
70 989
69 315
64 573
Living cost
54 843
54 843
54 843
54 843
Free-cash
8 499
16 146
14 472
9 730

Estimated living cost  is ₽54843 per week

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

Source of data for Luxembourg model

Close
Athens , Greece
₽50927
₽47716
₽35116
₽33193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
24 107
pensions
-
-
-
23 401
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
8 306
surtax
-
-
-
3 173
total
-
-
-
59 217
Employee
33 986
-
96 654
-
other
-
-
-
-
health
868
-
2 465
-
surtax
121
-
2 871
-
income
5 697
-
22 284
-
pensions
2 267
-
6 446
-
unemployment
2 365
-
6 728
-
total
11 318
-
40 794
-
Employer
33 986
-
96 654
-
other
-
-
-
-
unemployment
1 078
-
3 064
-
pensions
4 531
-
12 885
-
health
1 545
-
4 397
-
total
7 154
-
20 346
-
Corporate
75 859
117 000
-
-
income
19 724
30 420
-
-
total
19 724
30 420
-
-
Dividends
56 136
86 580
-
-
withholding
8 421
12 986
-
-
total
8 421
12 986
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 617
43 406
61 140
59 217
After tax
70 383
73 594
55 860
57 783
Living cost
22 667
22 667
22 667
22 667
Free-cash
47 716
50 927
33 193
35 116

Estimated living cost  is ₽22667 per week

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

Source of data for Athens model

Close
Naples , Italy
₽34314
₽32070
₽31286
₽25747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
695
regional
-
-
-
1 765
national
-
-
-
25 977
social contributions
-
-
-
30 092
total
-
-
-
58 529
Employee
55 981
-
117 000
-
social contributions
18 877
-
39 453
-
regional
754
-
1 575
-
municipal
297
-
620
-
national
8 869
-
22 420
-
total
28 797
-
64 068
-
Employer
55 981
-
117 000
-
total
-
-
-
-
Corporate
61 019
117 000
-
-
nationa
14 645
28 079
-
-
municipal
3 034
5 814
-
-
total
17 679
33 893
-
-
Dividends
43 341
83 106
-
-
withholding
11 269
21 608
-
-
total
11 269
21 608
-
-
Income
117 000
117 000
117 000
117 000
Total tax
57 745
55 501
64 068
58 529
After tax
59 255
61 499
52 932
58 471
Living cost
27 185
27 185
27 185
27 185
Free-cash
32 070
34 314
25 747
31 286

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽50770
₽40145
₽27200
₽29589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
10 056
health
-
-
-
15 795
solidarity contribution
-
-
-
-
social contributions
-
-
-
34 164
total
-
-
-
60 015
Employee
43 801
-
87 314
-
social contributions
2 847
-
5 675
-
health
5 913
-
11 787
-
solidarity contribution
-
-
-
-
income
5 256
-
10 478
-
total
14 016
-
27 940
-
Employer
43 801
-
87 314
-
social contributions
10 950
-
21 828
-
health
3 942
-
7 858
-
total
14 892
-
29 686
-
Corporate
58 306
117 000
-
-
income
11 078
22 230
-
-
total
11 078
22 230
-
-
Dividends
47 228
94 770
-
-
withholding
7 084
14 215
-
-
total
7 084
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
47 070
36 445
57 626
60 015
After tax
69 930
80 555
59 374
56 985
Living cost
29 785
29 785
29 785
29 785
Free-cash
40 145
50 770
29 589
27 200

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33226
₽32730
₽25925
₽1262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
chamber of commerce
-
-
-
467
income
-
-
-
21 625
pensions
-
-
-
21 645
unemployment
-
-
-
6 190
health
-
-
-
8 951
surtax
-
-
-
-
total
-
-
-
58 878
Employee
44 114
40 217
90 853
-
other
440
402
908
-
health
1 706
1 557
3 516
-
income
3 930
2 967
19 184
-
pensions
4 518
4 117
9 304
-
unemployment
1 323
1 207
2 725
-
total
11 917
10 250
35 637
-
Employer
44 114
40 217
90 853
-
accident
573
523
1 182
-
other
2 095
1 909
4 315
-
chamber of commerce
176
161
364
-
unemployment
1 323
1 207
2 725
-
surtax
-
-
-
-
pensions
5 537
5 048
11 403
-
payroll
1 323
1 207
2 725
-
health
1 668
1 521
3 434
-
total
12 695
11 576
26 148
-
Corporate
60 190
65 208
87 023
-
income

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

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

15 047
16 301
21 756
-
total
15 047
16 301
21 756
-
Dividends
45 143
48 906
-
-
withholding
12 414
13 450
-
-
total
12 414
13 450
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 073
51 577
83 541
58 878
After tax
64 927
65 423
33 459
58 122
Living cost
32 197
32 197
32 197
32 197
Free-cash
32 730
33 226
1 262
25 925

Estimated living cost  is ₽32197 per week

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

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽97001
₽94349
₽101681
₽79451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
117 000
microenterprise

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

-
-
-
1 170
total
-
-
-
1 170
Employee
17 686
-
117 000
-
income
3 537
-
23 400
-
total
3 537
-
23 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

99 314
117 000
-
-
total
-
-
-
-
Dividends
99 314
117 000
-
-
withholding
4 965
5 850
-
-
total
4 965
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
8 502
5 850
23 400
1 170
After tax
108 498
111 150
93 600
115 830
Living cost
14 149
14 149
14 149
14 149
Free-cash
94 349
97 001
79 451
101 681

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽53484
₽45044
₽32758
₽29405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
income
-
-
-
24 116
pensions
-
-
-
21 367
unemployment
-
-
-
176
health
-
-
-
11 514
total
-
-
-
57 173
Employee

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

44 626
-
101 237
-
health
2 882
-
6 540
-
income
7 696
-
22 389
-
pensions
6 917
-
15 692
-
unemployment
63
-
142
-
total
17 558
-
44 763
-
Employer

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

44 626
-
101 237
-
unemployment
27
-
61
-
pensions
3 949
-
8 959
-
health
2 972
-
6 743
-
total
6 948
-
15 763
-
Corporate
65 426
117 000
-
-
income
12 431
22 231
-
-
total
12 431
22 231
-
-
Dividends
52 995
94 769
-
-
withholding
7 950
14 216
-
-
total
7 950
14 216
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 887
36 447
60 526
57 173
After tax
72 113
80 553
56 474
59 827
Living cost
27 069
27 069
27 069
27 069
Free-cash
45 044
53 484
29 405
32 758

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽27599
-₽33609
₽37272
₽60128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
22 806
social contributions
-
-
-
13 338
total
-
-
-
36 144
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
117 000
-
-
income
-
25 740
-
-
total
-
25 740
-
-
Dividends
-
91 260
-
-
income
-
20 077
-
-
total
-
20 077
-
-
Income
117 000
117 000
117 000
117 000
Total tax
107 025
45 817
13 288
36 144
After tax
9 975
71 183
103 712
80 856
Living cost
43 584
43 584
43 584
43 584
Free-cash
-33 609
27 599
60 128
37 272

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34893
₽33878
₽33008
₽26033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
income
-
-
-
11 679
surtax
-
-
-
-
social contributions

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

-
-
-
40 658
total
-
-
-
52 337
Employee
46 415
-
94 545
-
social contributions
5 106
-
10 399
-
surtax
-
-
-
-
income
9 654
-
26 458
-
total
14 760
-
36 857
-
Employer
46 415
-
94 545
-
social contributions
11 023
-
22 455
-
total
11 023
-
22 455
-
Corporate
59 562
117 000
-
-
surtax
-
-
-
-
income
12 508
24 571
-
-
total
12 508
24 571
-
-
Dividends
47 054
92 429
-
-
withholding
13 176
25 881
-
-
total
13 176
25 881
-
-
Income
117 000
117 000
117 000
117 000
Total tax
51 467
50 452
59 312
52 337
After tax
65 533
66 548
57 688
64 663
Living cost
31 655
31 655
31 655
31 655
Free-cash
33 878
34 893
26 033
33 008

Estimated living cost  is ₽31655 per week

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

Source of data for Lisbon model

Close
Paris , France
₽10226
₽17161
₽18174
₽22288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
13 419
pensions
-
-
-
26 653
other
-
-
-
3 627
health
-
-
-
3 051
surtax
-
-
-
-
social contributions
-
-
-
3 334
total
-
-
-
50 084
Employee
63 207
-
93 909
-
social contributions
1 800
-
2 675
-
surtax
-
-
-
-
income
5 515
-
15 133
-
pensions
7 149
-
5 071
-
total
14 464
-
22 879
-
Employer
63 207
-
93 909
-
other
2 181
-
3 240
-
social contributions
190
-
282
-
unemployment
2 561
-
3 803
-
pensions
10 386
-
8 801
-
health
4 424
-
6 965
-
total
19 742
-
23 091
-
Corporate
34 052
117 000
-
-
surtax
-
-
-
-
income
9 535
32 760
-
-
total
9 535
32 760
-
-
Dividends
24 517
84 240
-
-
surtax
-
-
-
-
social contributions
4 217
14 490
-
-
withholding
3 139
10 782
-
-
total
7 356
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
51 097
58 032
45 970
50 084
After tax
65 903
58 968
71 030
66 916
Living cost
48 742
48 742
48 742
48 742
Free-cash
17 161
10 226
22 288
18 174

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽74965
₽71573
₽57928
₽61034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
2 997
social contributions
-
-
-
25 739
total
-
-
-
28 736
Employee
32 444
-
101 298
-
income
-
-
3 344
-
social contributions
2 109
-
6 584
-
total
2 109
-
9 928
-
Employer
32 444
-
101 298
-
social contributions
5 029
-
15 702
-
total
5 029
-
15 702
-
Corporate
79 527
117 000
-
-
income
7 953
11 699
-
-
total
7 953
11 699
-
-
Dividends
71 573
105 301
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
15 091
11 699
25 630
28 736
After tax
101 909
105 301
91 370
88 264
Living cost
30 336
30 336
30 336
30 336
Free-cash
71 573
74 965
61 034
57 928

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽102973
-₽102973
₽22994
-₽102973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
22 565
pensions
-
-
-
875
national
-
-
-
12 653
labour market
-
-
-
9 290
total
-
-
-
45 383
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
171 350
171 350
171 350
45 383
After tax
-54 350
-54 350
-54 350
71 617
Living cost
48 623
48 623
48 623
48 623
Free-cash
-102 973
-102 973
-102 973
22 994

Estimated living cost  is ₽48623 per week

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

Source of data for Copenhagen model

Close
Krakow , Poland
-₽12269
₽6143
₽58452
₽39709
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
253
income
-
-
-
29 815
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 802
Employee
34 209
-
101 754
-
health
3 917
-
11 651
-
income
4 693
-
20 995
-
pensions
3 852
-
7 654
-
total
12 462
-
40 300
-
Employer
34 209
-
101 754
-
accident
571
-
1 699
-
unemployment
838
-
2 493
-
pensions
5 562
-
11 053
-
total
6 971
-
15 245
-
Corporate
75 820
117 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

68 238
105 300
-
-
total
68 238
105 300
-
-
Dividends
7 582
11 700
-
-
withholding
1 440
2 223
-
-
total
1 440
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
89 111
107 523
55 545
36 802
After tax
27 889
9 477
61 455
80 198
Living cost
21 746
21 746
21 746
21 746
Free-cash
6 143
-12 269
39 709
58 452

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽37819
₽37288
₽42536
₽26493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
117 000
municipal
-
-
-
20 812
health
-
-
-
1 381
national
-
-
-
13 526
total
-
-
-
35 719
Employee
53 095
-
98 427
-
health
396
-
1 095
-
municipal
8 697
-
16 058
-
pensions
3 583
-
6 644
-
unemployment
797
-
1 477
-
national
877
-
7 915
-
total
14 350
-
33 189
-
Employer
53 095
-
98 427
-
accident
54
-
98
-
unemployment
345
-
640
-
pensions
9 212
-
17 077
-
health
408
-
758
-
total
10 019
-
18 573
-
Corporate
53 887
117 000
-
-
income
10 778
23 401
-
-
total
10 778
23 401
-
-
Dividends

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

32 331
70 199
-
-
national
-
4 399
-
-
municipal
5 820
12 636
-
-
total
5 820
17 035
-
-
Income
117 000
117 000
117 000
117 000
Total tax
40 967
40 436
51 762
35 719
After tax
76 033
76 564
65 238
81 281
Living cost
38 745
38 745
38 745
38 745
Free-cash
37 288
37 819
26 493
42 536

Estimated living cost  is ₽38745 per week

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

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽62186
₽56695
₽58786
₽57500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
15 537
health
-
-
-
2 984
social contributions
-
-
-
16 328
total
-
-
-
34 849
Employee
77 601
77 601
106 346
-
social contributions
2 934
6 441
8 687
-
health
601
1 320
1 808
-
income
8 449
7 184
14 986
-
total
11 984
14 945
25 481
-
Employer
77 601
77 601
106 346
-
social contributions
2 934
6 441
8 687
-
health
653
1 436
1 967
-
total
3 587
7 877
10 654
-
Corporate
78 063
31 522
-
-
income
9 758
3 939
-
-
total
9 758
3 939
-
-
Dividends
68 305
27 582
-
-
withholding
11 611
4 688
-
-
total
11 611
4 688
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 940
31 449
36 135
34 849
After tax
80 060
85 551
80 865
82 151
Living cost
23 365
23 365
23 365
23 365
Free-cash
56 695
62 186
57 500
58 786

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80865
₽75729
₽79474
₽59233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
117 000
income
-
-
-
11 403
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
21 503
Employee

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

23 164
-
107 137
-
health
1 969
-
8 139
-
income
1 584
-
8 900
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
31 881
-
Employer

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

23 164
-
107 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
91 451
117 000
-
-
income
8 231
10 529
-
-
total
8 231
10 529
-
-
Dividends
83 220
106 471
-
-
withholding
7 490
9 583
-
-
total
7 490
9 583
-
-
Income
117 000
117 000
117 000
117 000
Total tax
25 248
20 112
41 744
21 503
After tax
91 752
96 888
75 256
95 497
Living cost
16 023
16 023
16 023
16 023
Free-cash
75 729
80 865
59 233
79 474

Estimated living cost  is ₽16023 per week

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

Source of data for Podgorica model

Close
Valencia , Spain
₽50970
₽45753
₽36511
₽32825
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
843
income
-
-
-
24 675
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 738
Employee
37 315
-
88 716
-
other
36
-
88
-
income
7 194
-
22 509
-
pensions
1 754
-
4 169
-
unemployment
578
-
1 375
-
total
9 562
-
28 141
-
Employer
37 315
-
88 716
-
accident
739
-
1 756
-
other
299
-
711
-
unemployment
2 053
-
4 880
-
pensions
8 806
-
20 936
-
total
11 897
-
28 283
-
Corporate
67 788
117 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

10 167
17 550
-
-
total
10 167
17 550
-
-
Dividends
57 621
99 450
-
-
withholding
11 870
20 729
-
-
total
11 870
20 729
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 496
38 279
56 424
52 738
After tax
73 504
78 721
60 576
64 262
Living cost
27 751
27 751
27 751
27 751
Free-cash
45 753
50 970
32 825
36 511

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽70252
₽69798
₽71676
₽71478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
39 101
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
42 568
Employee
4 198
-
114 738
-
health
210
-
503
-
income
812
-
38 995
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
40 504
-
Employer
4 198
-
114 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
111 858
117 000
-
-
income
24 609
25 740
-
-
total
24 609
25 740
-
-
Dividends
87 249
91 260
-
-
withholding
17 450
18 252
-
-
total
17 450
18 252
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 446
43 992
42 766
42 568
After tax
72 554
73 008
74 234
74 432
Living cost
2 756
2 756
2 756
2 756
Free-cash
69 798
70 252
71 478
71 676

Estimated living cost  is ₽2756 per week

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

Source of data for Istanbul model

Close
Belgrade , Serbia
₽67079
₽62115
₽46389
₽46390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
income
-
-
-
24 965
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
53 158
Employee

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

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

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

26 319
-
103 649
-
health
1 355
-
3 841
-
income
3 628
-
24 965
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
39 807
-
Employer

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

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

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

26 319
-
103 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
85 970
117 000
-
-
income
12 896
17 550
-
-
total
12 896
17 550
-
-
Dividends
73 075
99 450
-
-
withholding
10 961
14 918
-
-
total
10 961
14 918
-
-
Income
117 000
117 000
117 000
117 000
Total tax
37 432
32 468
53 157
53 158
After tax
79 568
84 532
63 843
63 842
Living cost
17 453
17 453
17 453
17 453
Free-cash
62 115
67 079
46 390
46 389

Estimated living cost  is ₽17453 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽39341
₽38979
₽37456
₽30481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
income
-
-
-
11 679
surtax
-
-
-
-
social contributions

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

-
-
-
40 658
total
-
-
-
52 337
Employee
39 169
-
94 545
-
social contributions
4 309
-
10 399
-
surtax
-
-
-
-
income
7 653
-
26 458
-
total
11 962
-
36 857
-
Employer
39 169
-
94 545
-
social contributions
9 302
-
22 455
-
total
9 302
-
22 455
-
Corporate
68 530
117 000
-
-
surtax
-
-
-
-
income
14 392
24 571
-
-
total
14 392
24 571
-
-
Dividends
54 138
92 429
-
-
withholding
15 158
25 881
-
-
total
15 158
25 881
-
-
Income
117 000
117 000
117 000
117 000
Total tax
50 814
50 452
59 312
52 337
After tax
66 186
66 548
57 688
64 663
Living cost
27 207
27 207
27 207
27 207
Free-cash
38 979
39 341
30 481
37 456

Estimated living cost  is ₽27207 per week

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

Source of data for Porto model

Close
Madrid , Spain
₽43254
₽35632
₽28795
₽25109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
843
income
-
-
-
24 675
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
52 738
Employee
48 739
-
88 716
-
other
48
-
88
-
income
10 180
-
22 509
-
pensions
2 290
-
4 169
-
unemployment
755
-
1 375
-
total
13 273
-
28 141
-
Employer
48 739
-
88 716
-
accident
965
-
1 756
-
other
391
-
711
-
unemployment
2 681
-
4 880
-
pensions
11 502
-
20 936
-
total
15 539
-
28 283
-
Corporate
52 722
117 000
-
-
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.

7 908
17 550
-
-
total
7 908
17 550
-
-
Dividends
44 814
99 450
-
-
withholding
9 181
20 729
-
-
total
9 181
20 729
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 901
38 279
56 424
52 738
After tax
71 099
78 721
60 576
64 262
Living cost
35 467
35 467
35 467
35 467
Free-cash
35 632
43 254
25 109
28 795

Estimated living cost  is ₽35467 per week

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

Source of data for Madrid model

Close
Sofia , Bulgaria
₽82664
₽76511
₽72662
₽76593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
17 550
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
26 967
Employee
23 001
-
110 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
11 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
16 115
-
Employer
23 001
-
110 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
89 486
117 000
-
-
income
8 948
11 700
-
-
total
8 948
11 700
-
-
Dividends
80 538
105 300
-
-
withholding
4 027
5 265
-
-
total
4 027
5 265
-
-
Income
117 000
117 000
117 000
117 000
Total tax
23 118
16 965
23 036
26 967
After tax
93 882
100 035
93 964
90 033
Living cost
17 371
17 371
17 371
17 371
Free-cash
76 511
82 664
76 593
72 662

Estimated living cost  is ₽17371 per week

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

Source of data for Sofia model

Close
Berlin , Germany
₽21351
₽34553
₽30042
₽40098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
trade
-
-
-
10 056
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.

-
-
-
29 428
health

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

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

-
-
-
6 894
surtax

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

-
-
-
1 618
total
-
-
-
47 996
Employee

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

50 213
-
117 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 618
-
income

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

4 129
-
29 428
-
total
11 251
-
37 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 787
117 000
-
-
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.

552
965
-
-
income
10 018
17 550
-
-
trade
9 583
16 790
-
-
chamber of commerce
251
326
-
-
total
20 404
35 631
-
-
Dividends
46 383
81 369
-
-
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.

617
1 097
-
-
withholding
11 213
19 959
-
-
total
11 830
21 056
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 485
56 687
37 940
47 996
After tax
73 515
60 313
79 060
69 004
Living cost
38 962
38 962
38 962
38 962
Free-cash
34 553
21 351
40 098
30 042

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽24413
₽26641
₽18650
₽18650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
30 119
social contributions
-
-
-
10 744
total
-
-
-
40 863
Employee
78 941
-
117 000
-
income
14 896
-
30 119
-
social contributions
6 558
-
10 744
-
total
21 454
-
40 863
-
Employer
78 941
-
117 000
-
total
-
-
-
-
Corporate
38 059
117 000
-
-
income
4 757
14 626
-
-
total
4 757
14 626
-
-
Dividends
33 302
102 374
-
-
withholding
6 661
20 474
-
-
total
6 661
20 474
-
-
Income
117 000
117 000
117 000
117 000
Total tax
32 872
35 100
40 863
40 863
After tax
84 128
81 900
76 137
76 137
Living cost
57 487
57 487
57 487
57 487
Free-cash
26 641
24 413
18 650
18 650

Estimated living cost  is ₽57487 per week

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

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽34083
₽37612
₽44898
₽49545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
112 358
-
income
5 023
-
21 537
-
social contributions
4 638
-
4 642
-
total
9 661
-
26 179
-
Employer
46 295
-
112 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
66 066
117 000
-
-
income
23 123
40 951
-
-
total
23 123
40 951
-
-
Dividends
42 943
76 049
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 754
46 283
30 821
35 468
After tax
74 246
70 717
86 179
81 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
37 612
34 083
49 545
44 898

Estimated living cost  is ₽36634 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽45589
₽44332
₽44581
₽33694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
income
-
-
-
26 919
pensions
-
-
-
7 885
total
-
-
-
34 804
Employee
51 632
-
102 773
-
health
674
-
1 722
-
income
9 403
-
19 664
-
pensions
3 941
-
10 078
-
total
14 018
-
31 464
-
Employer
51 632
-
102 773
-
pensions
5 216
-
12 273
-
health
981
-
1 954
-
total
6 197
-
14 227
-
Corporate
59 170
117 000
-
-
income

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

11 243
22 231
-
-
total
11 243
22 231
-
-
Dividends
47 928
94 769
-
-
withholding
3 595
11 565
-
-
total
3 595
11 565
-
-
Income
117 000
117 000
117 000
117 000
Total tax
35 053
33 796
45 691
34 804
After tax
81 947
83 204
71 309
82 196
Living cost
37 615
37 615
37 615
37 615
Free-cash
44 332
45 589
33 694
44 581

Estimated living cost  is ₽37615 per week

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

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽14423
₽5811
₽56298
₽37555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
accident
-
-
-
253
income
-
-
-
29 815
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
36 802
Employee
37 595
-
101 754
-
health
4 304
-
11 651
-
income
5 158
-
20 995
-
pensions
4 233
-
7 654
-
total
13 695
-
40 300
-
Employer
37 595
-
101 754
-
accident
628
-
1 699
-
unemployment
921
-
2 493
-
pensions
6 113
-
11 053
-
total
7 662
-
15 245
-
Corporate
71 744
117 000
-
-
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.

64 569
105 300
-
-
total
64 569
105 300
-
-
Dividends
7 174
11 700
-
-
withholding
1 363
2 223
-
-
total
1 363
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
87 289
107 523
55 545
36 802
After tax
29 711
9 477
61 455
80 198
Living cost
23 900
23 900
23 900
23 900
Free-cash
5 811
-14 423
37 555
56 298

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽84824
₽80102
₽52823
₽62808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
117 000
work injury
-
-
-
585
health insurance
-
-
-
8 658
income
-
-
-
18 371
pensions
-
-
-
21 528
unemployment
-
-
-
1 404
total
-
-
-
50 546
Employee

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

21 810
-
117 000
-
work injury
109
-
403
-
income
2 181
-
18 371
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
40 561
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
95 190
117 000
-
-
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%.

952
1 170
-
-
total
952
1 170
-
-
Dividends
94 238
115 830
-
-
withholding
14 136
17 375
-
-
total
14 136
17 375
-
-
Income
117 000
117 000
117 000
117 000
Total tax
23 267
18 545
40 561
50 546
After tax
93 733
98 455
76 439
66 454
Living cost
13 631
13 631
13 631
13 631
Free-cash
80 102
84 824
62 808
52 823

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

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Rome , Italy
₽21426
₽16833
₽17462
₽12110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
117 000
municipal
-
-
-
781
regional
-
-
-
2 485
national
-
-
-
25 977
social contributions
-
-
-
30 092
total
-
-
-
59 335
Employee
85 040
-
117 000
-
social contributions
28 675
-
39 453
-
regional
1 284
-
2 117
-
municipal
508
-
697
-
national
14 371
-
22 420
-
total
44 838
-
64 687
-
Employer
85 040
-
117 000
-
total
-
-
-
-
Corporate
31 960
117 000
-
-
nationa
7 670
28 079
-
-
municipal
1 540
5 640
-
-
total
9 210
33 719
-
-
Dividends
22 750
83 281
-
-
withholding
5 916
21 652
-
-
total
5 916
21 652
-
-
Income
117 000
117 000
117 000
117 000
Total tax
59 964
55 371
64 687
59 335
After tax
57 036
61 629
52 313
57 665
Living cost
40 203
40 203
40 203
40 203
Free-cash
16 833
21 426
12 110
17 462

Estimated living cost  is ₽40203 per week

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

Source of data for Rome model

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