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
₽49754
₽30837
₽38157
₽41153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 701
trade
-
-
-
11 597
income

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

-
-
-
30 921
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.

-
-
-
6 372
total
-
-
-
50 591
Employee

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

35 675
-
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.

6 372
-
6 372
-
surtax

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

55
-
1 701
-
income

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

997
-
30 921
-
total
7 424
-
38 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 325
117 000
-
-
chamber of commerce
258
310
-
-
trade
12 808
18 428
-
-
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.

671
965
-
-
income
12 199
17 550
-
-
total
25 936
37 253
-
-
Dividends
55 389
79 748
-
-
withholding
13 493
19 582
-
-
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.

742
1 076
-
-
total
14 235
20 658
-
-
Income
117 000
117 000
117 000
117 000
Total tax
47 595
57 911
38 994
50 591
After tax
69 405
59 089
78 006
66 409
Living cost
28 252
28 252
28 252
28 252
Free-cash
41 153
30 837
49 754
38 157

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21212
₽23271
₽20294
₽22444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 422
social contributions
-
-
-
1 258
national
-
-
-
19 249
pensions
-
-
-
14 040
total
-
-
-
46 969
Employee
77 101
-
101 145
-
pensions
3 084
-
4 046
-
national
14 757
-
19 951
-
municipal
9 523
-
12 875
-
total
27 364
-
36 872
-
Employer
77 101
-
101 145
-
pensions
6 168
-
8 092
-
social contributions
829
-
1 087
-
total
6 997
-
9 179
-
Corporate
27 813
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%.

5 563
23 400
-
-
total
5 563
23 400
-
-
Dividends
22 250
93 600
-
-
withholding
4 895
20 592
-
-
total
4 895
20 592
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 819
43 992
46 051
46 969
After tax
72 181
73 008
70 949
70 031
Living cost
49 737
49 737
49 737
49 737
Free-cash
22 444
23 271
21 212
20 294

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46272
₽74195
₽14395
₽66543
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
surtax
-
-
-
29 836
social contributions

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

-
-
-
35 737
income
-
-
-
17 627
total
-
-
-
83 200
Employee
27 255
-
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.

2 998
-
10 372
-
surtax
-
-
-
-
income
4 852
-
18 238
-
total
7 850
-
28 610
-
Employer
27 255
-
94 287
-
surtax
-
-
-
-
social contributions

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

6 565
-
22 713
-
total
6 565
-
22 713
-
Corporate
83 180
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%.

16 637
23 400
-
-
total
16 637
23 400
-
-
Dividends

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

66 544
93 600
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
31 052
23 400
51 323
83 200
After tax
85 948
93 600
65 677
33 800
Living cost
19 405
19 405
19 405
19 405
Free-cash
66 543
74 195
46 272
14 395

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25125
₽18148
₽28230
₽12433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 267
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
49 697
Employee
79 651
79 651
99 666
-
health
12 226
10 399
11 502
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
35 468
-
Employer
79 651
79 651
99 666
-
unemployment
2 867
2 867
3 563
-
health
5 537
5 537
6 880
-
pensions
5 544
5 544
6 891
-
total
13 948
13 948
17 334
-
Corporate
24 378
23 401
-
-
income
4 875
4 680
-
-
total
4 875
4 680
-
-
Dividends
19 503
18 721
-
-
withholding
2 926
2 807
-
-
income
4 144
3 979
-
-
total
7 070
6 786
-
-
Income
117 000
117 000
117 000
117 000
Total tax
65 494
59 779
52 802
49 697
After tax
51 506
57 221
64 198
67 303
Living cost
39 073
39 073
39 073
39 073
Free-cash
12 433
18 148
25 125
28 230

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23602
₽26198
₽24616
₽25353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 755
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
3 018
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
54 700
Employee
53 696
-
91 050
-
national
-
-
2 614
-
municipal
16 012
-
27 151
-
total
16 012
-
29 765
-
Employer
53 696
-
91 050
-
unemployment
1 418
-
2 180
-
accident
107
-
165
-
health
3 302
-
5 079
-
pensions
5 804
-
8 928
-
other
6 240
-
9 597
-
total
16 871
-
25 949
-
Corporate
46 432
117 000
-
-
income
10 215
25 740
-
-
total
10 215
25 740
-
-
Dividends
36 217
91 260
-
-
withholding
10 865
27 378
-
-
total
10 865
27 378
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 963
53 118
55 714
54 700
After tax
63 037
63 882
61 286
62 300
Living cost
37 684
37 684
37 684
37 684
Free-cash
25 353
26 198
23 602
24 616

Estimated living cost  is ₽37684 per week

₽24976
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.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41364
₽21844
₽29252
₽34947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 701
trade
-
-
-
12 112
income

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

-
-
-
30 921
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.

-
-
-
6 372
total
-
-
-
51 106
Employee

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

47 301
-
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.

6 372
-
6 372
-
surtax

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

223
-
1 701
-
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.

4 064
-
30 921
-
total
10 659
-
38 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 699
117 000
-
-
chamber of commerce
241
308
-
-
trade
11 466
19 247
-
-
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.

575
965
-
-
income
10 456
17 550
-
-
total
22 738
38 070
-
-
Dividends
46 961
78 930
-
-
withholding
11 387
19 378
-
-
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.

627
1 066
-
-
total
12 014
20 444
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 411
58 514
38 994
51 106
After tax
71 589
58 486
78 006
65 894
Living cost
36 642
36 642
36 642
36 642
Free-cash
34 947
21 844
41 364
29 252

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50473
₽55253
₽51720
₽51386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 091
income
-
-
-
16 952
health
-
-
-
2 984
total
-
-
-
35 027
Employee
71 723
71 723
106 992
-
health
713
1 220
1 820
-
social contributions
3 485
5 953
8 029
-
income
7 531
6 639
16 417
-
total
11 729
13 812
26 266
-
Employer
71 723
71 723
106 992
-
health
777
1 328
1 979
-
social contributions
3 485
5 953
8 029
-
total
4 262
7 281
10 008
-
Corporate
70 755
37 997
-
-
income
8 845
4 749
-
-
total
8 845
4 749
-
-
Dividends
61 910
33 248
-
-
withholding
10 525
5 652
-
-
total
10 525
5 652
-
-
Income
117 000
117 000
117 000
117 000
Total tax
35 361
31 494
36 274
35 027
After tax
81 639
85 506
80 726
81 973
Living cost
30 253
30 253
30 253
30 253
Free-cash
51 386
55 253
50 473
51 720

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51122
₽49115
₽64349
₽49462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 755
income
-
-
-
14 303
pensions
-
-
-
11 700
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.

24 110
9 596
97 908
-
health
1 688
672
6 854
-
pensions
2 411
960
9 791
-
unemployment
362
144
1 469
-
income
2 948
1 173
11 969
-
total
7 409
2 949
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.

24 110
9 596
97 908
-
pensions
4 702
1 871
19 092
-
total
4 702
1 871
19 092
-
Corporate
88 188
105 533
-
-
income
7 937
9 498
-
-
total
7 937
9 498
-
-
Dividends
80 251
96 035
-
-
withholding
15 248
18 247
-
-
social contributions
15 539
18 617
-
-
total
30 787
36 864
-
-
Income
117 000
117 000
117 000
117 000
Total tax
50 835
51 182
49 175
35 948
After tax
66 165
65 818
67 825
81 052
Living cost
16 703
16 703
16 703
16 703
Free-cash
49 462
49 115
51 122
64 349

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44910
₽71071
₽40184
₽65277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 400
health
-
-
-
15 210
total
-
-
-
54 287
Employee
26 460
-
87 444
-
unemployment
423
-
1 398
-
pensions
529
-
1 749
-
income
2 979
-
16 860
-
total
3 931
-
20 007
-
Employer
26 460
-
87 444
-
unemployment
212
-
699
-
health
3 439
-
11 367
-
pensions
5 292
-
17 488
-
total
8 943
-
29 554
-
Corporate
81 596
117 000
-
-
income
16 320
23 400
-
-
total
16 320
23 400
-
-
Dividends
65 276
93 600
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
29 194
23 400
49 561
54 287
After tax
87 806
93 600
67 439
62 713
Living cost
22 529
22 529
22 529
22 529
Free-cash
65 277
71 071
44 910
40 184

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40976
-₽11352
₽59332
₽6282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
351
income
-
-
-
30 245
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
36 839
Employee
32 765
-
102 352
-
health
3 752
-
11 719
-
pensions
3 689
-
7 223
-
income
4 495
-
21 606
-
total
11 936
-
40 548
-
Employer
32 765
-
102 352
-
unemployment
803
-
2 507
-
accident
547
-
1 709
-
pensions
5 328
-
10 431
-
total
6 678
-
14 647
-
Corporate
77 557
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.

69 801
105 300
-
-
total
69 801
105 300
-
-
Dividends
7 756
11 700
-
-
withholding
1 474
2 223
-
-
total
1 474
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
89 889
107 523
55 195
36 839
After tax
27 111
9 477
61 805
80 161
Living cost
20 829
20 829
20 829
20 829
Free-cash
6 282
-11 352
40 976
59 332

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86046
₽103596
₽108276
₽102180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
117 000
-
income
1 888
-
23 400
-
total
1 888
-
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%.

107 557
117 000
-
-
total
-
-
-
-
Dividends
107 557
117 000
-
-
withholding
5 378
5 850
-
-
total
5 378
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
7 266
5 850
23 400
1 170
After tax
109 734
111 150
93 600
115 830
Living cost
7 554
7 554
7 554
7 554
Free-cash
102 180
103 596
86 046
108 276

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42594
₽61108
₽37756
₽54809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
5 558
income
-
-
-
15 606
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.

-
-
-
28 080
health
-
-
-
5 147
total
-
-
-
54 391
Employee
33 866
-
93 450
-
health
474
-
1 308
-
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.

2 370
-
6 542
-
unemployment
338
-
935
-
income
5 830
-
17 219
-
total
9 012
-
26 004
-
Employer
33 866
-
93 450
-
unemployment
338
-
935
-
accident
271
-
747
-
health
474
-
1 308
-
pensions

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

5 758
-
15 886
-
other
1 694
-
4 673
-
total
8 535
-
23 549
-
Corporate
74 598
117 000
-
-
income
15 665
24 570
-
-
total
15 665
24 570
-
-
Dividends
58 934
92 430
-
-
withholding
4 126
6 469
-
-
total
4 126
6 469
-
-
Income
117 000
117 000
117 000
117 000
Total tax
37 338
31 039
49 553
54 391
After tax
79 662
85 961
67 447
62 609
Living cost
24 853
24 853
24 853
24 853
Free-cash
54 809
61 108
42 594
37 756

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7558
₽19001
₽18416
₽11957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 297
pensions
-
-
-
7 481
total
-
-
-
35 778
Employee
88 860
-
102 655
-
health
1 464
-
1 678
-
pensions
8 573
-
9 555
-
income
16 018
-
21 058
-
total
26 055
-
32 291
-
Employer
88 860
-
102 655
-
health
1 688
-
1 950
-
pensions
10 492
-
12 395
-
total
12 180
-
14 345
-
Corporate
15 960
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.

3 032
22 231
-
-
total
3 032
22 231
-
-
Dividends
12 928
94 769
-
-
withholding
970
12 962
-
-
total
970
12 962
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 237
35 193
46 636
35 778
After tax
74 763
81 807
70 364
81 222
Living cost
62 806
62 806
62 806
62 806
Free-cash
11 957
19 001
7 558
18 416

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽82590
₽87801
₽78514
₽83468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
17 550
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
26 252
Employee
16 200
-
110 605
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
11 060
-
total
3 965
-
15 780
-
Employer
16 200
-
110 605
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
97 621
117 000
-
-
income
9 762
11 700
-
-
total
9 762
11 700
-
-
Dividends
87 859
105 300
-
-
withholding
4 393
5 265
-
-
total
4 393
5 265
-
-
Income
117 000
117 000
117 000
117 000
Total tax
21 298
16 965
22 176
26 252
After tax
95 702
100 035
94 824
90 748
Living cost
12 234
12 234
12 234
12 234
Free-cash
83 468
87 801
82 590
78 514

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12477
₽5500
₽15582
₽7849
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 267
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
49 697
Employee
86 476
79 651
99 666
-
health
10 788
10 399
11 502
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
35 468
-
Employer
86 476
79 651
99 666
-
unemployment
3 113
2 867
3 563
-
health
6 009
5 537
6 880
-
pensions
6 018
5 544
6 891
-
total
15 140
13 948
17 334
-
Corporate
15 383
23 401
-
-
income
3 076
4 680
-
-
total
3 076
4 680
-
-
Dividends
12 307
18 721
-
-
withholding
1 846
2 807
-
-
income
2 614
3 979
-
-
total
4 460
6 786
-
-
Income
117 000
117 000
117 000
117 000
Total tax
57 430
59 779
52 802
49 697
After tax
59 570
57 221
64 198
67 303
Living cost
51 721
51 721
51 721
51 721
Free-cash
7 849
5 500
12 477
15 582

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36583
₽57764
₽35357
₽49631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
10 261
health
-
-
-
15 795
total
-
-
-
58 852
Employee
33 517
-
87 313
-
health
4 525
-
11 787
-
social contributions
2 179
-
5 675
-
solidarity contribution
-
-
-
-
income
4 022
-
10 478
-
total
10 726
-
27 940
-
Employer
33 517
-
87 313
-
health
3 017
-
7 858
-
social contributions
8 379
-
21 828
-
total
11 396
-
29 686
-
Corporate
72 088
117 000
-
-
income
13 697
22 230
-
-
total
13 697
22 230
-
-
Dividends
58 391
94 770
-
-
withholding
8 759
14 215
-
-
total
8 759
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 578
36 445
57 626
58 852
After tax
72 422
80 555
59 374
58 148
Living cost
22 791
22 791
22 791
22 791
Free-cash
49 631
57 764
36 583
35 357

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13444
₽23067
₽19009
₽18198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
696
social contributions
-
-
-
30 092
national
-
-
-
26 512
regional
-
-
-
1 333
total
-
-
-
58 633
Employee
82 895
-
117 000
-
social contributions
27 952
-
39 452
-
national
14 364
-
22 954
-
regional
782
-
1 172
-
municipal
439
-
620
-
total
43 537
-
64 198
-
Employer
82 895
-
117 000
-
total
-
-
-
-
Corporate
34 105
117 000
-
-
municipal
1 329
4 563
-
-
nationa
8 185
28 080
-
-
total
9 514
32 643
-
-
Dividends
24 591
84 357
-
-
withholding
6 393
21 932
-
-
total
6 393
21 932
-
-
Income
117 000
117 000
117 000
117 000
Total tax
59 444
54 575
64 198
58 633
After tax
57 556
62 425
52 802
58 367
Living cost
39 358
39 358
39 358
39 358
Free-cash
18 198
23 067
13 444
19 009

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33961
₽53011
₽35893
₽50106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
3 418
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
25 188
pensions
-
-
-
23 400
health
-
-
-
8 307
total
-
-
-
60 525
Employee
30 845
-
96 653
-
health
788
-
2 464
-
pensions
2 057
-
6 446
-
unemployment
2 147
-
6 728
-
surtax
101
-
3 113
-
other
-
-
-
-
income
5 170
-
23 359
-
total
10 263
-
42 110
-
Employer
30 845
-
96 653
-
unemployment
977
-
3 064
-
health
1 404
-
4 399
-
pensions
4 112
-
12 884
-
other
-
-
-
-
total
6 493
-
20 347
-
Corporate
79 663
117 000
-
-
income
20 713
30 420
-
-
total
20 713
30 420
-
-
Dividends
58 950
86 580
-
-
withholding
8 843
12 987
-
-
total
8 843
12 987
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 312
43 407
62 457
60 525
After tax
70 688
73 593
54 543
56 475
Living cost
20 582
20 582
20 582
20 582
Free-cash
50 106
53 011
33 961
35 893

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27457
₽38900
₽38315
₽37366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 297
pensions
-
-
-
7 481
total
-
-
-
35 778
Employee
59 552
-
102 655
-
health
864
-
1 678
-
pensions
5 055
-
9 555
-
income
10 726
-
21 058
-
total
16 645
-
32 291
-
Employer
59 552
-
102 655
-
health
1 131
-
1 950
-
pensions
6 447
-
12 395
-
total
7 578
-
14 345
-
Corporate
49 870
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.

9 474
22 231
-
-
total
9 474
22 231
-
-
Dividends
40 396
94 769
-
-
withholding
3 030
12 962
-
-
total
3 030
12 962
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 727
35 193
46 636
35 778
After tax
80 273
81 807
70 364
81 222
Living cost
42 907
42 907
42 907
42 907
Free-cash
37 366
38 900
27 457
38 315

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17172
-₽20270
₽22971
₽11293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 233
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.

-
-
-
2 340
national
-
-
-
1 078
pensions
-
-
-
10 766
regional
-
-
-
4 578
health
-
-
-
263
total
-
-
-
20 258
Employee
86 331
-
104 722
-
health
195
-
235
-
pensions
7 253
-
8 795
-
unemployment
-
-
-
-
city
927
-
1 125
-
national
409
-
837
-
regional
2 827
-
3 941
-
total
11 611
-
14 933
-
Employer
86 331
-
104 722
-
unemployment
-
-
-
-
health
195
-
235
-
pensions
7 253
-
8 795
-
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.

1 726
-
2 094
-
total
9 174
-
11 124
-
Corporate
20 546
117 000
-
-
regional
4 345
24 745
-
-
national
1 747
9 945
-
-
total
6 092
34 690
-
-
Dividends
14 455
82 310
-
-
withholding
5 059
28 809
-
-
total
5 059
28 809
-
-
Income
117 000
117 000
117 000
117 000
Total tax
31 936
63 499
26 057
20 258
After tax
85 064
53 501
90 943
96 742
Living cost
73 771
73 771
73 771
73 771
Free-cash
11 293
-20 270
17 172
22 971

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽35277
₽15155
₽22650
₽30279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 701
trade
-
-
-
12 627
income

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

-
-
-
30 921
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.

-
-
-
6 372
total
-
-
-
51 621
Employee

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

56 055
-
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.

6 372
-
6 372
-
surtax

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

363
-
1 701
-
income

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

6 592
-
30 921
-
total
13 327
-
38 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 945
117 000
-
-
chamber of commerce
227
306
-
-
trade
10 452
20 065
-
-
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.

503
965
-
-
income
9 142
17 550
-
-
total
20 324
38 886
-
-
Dividends
40 621
78 114
-
-
withholding
9 801
19 175
-
-
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.

540
1 055
-
-
total
10 341
20 230
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 992
59 116
38 994
51 621
After tax
73 008
57 884
78 006
65 379
Living cost
42 729
42 729
42 729
42 729
Free-cash
30 279
15 155
35 277
22 650

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37660
₽27056
₽34785
₽32567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 627
social contributions
-
-
-
3 335
income
-
-
-
14 500
pensions
-
-
-
25 370
health
-
-
-
3 471
total
-
-
-
50 303
Employee
39 919
-
93 251
-
social contributions
1 138
-
2 657
-
pensions
4 514
-
5 342
-
surtax
-
-
-
-
income
2 356
-
15 680
-
total
8 008
-
23 679
-
Employer
39 919
-
93 251
-
unemployment
1 616
-
3 777
-
health
2 795
-
7 276
-
pensions
6 558
-
9 198
-
other
1 377
-
3 218
-
social contributions
120
-
280
-
total
12 466
-
23 749
-
Corporate
64 614
117 000
-
-
surtax
-
-
-
-
income
18 092
32 760
-
-
total
18 092
32 760
-
-
Dividends
46 523
84 240
-
-
withholding
5 954
10 783
-
-
surtax
-
-
-
-
social contributions
8 001
14 489
-
-
total
13 955
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 521
58 032
47 428
50 303
After tax
64 479
58 968
69 572
66 697
Living cost
31 912
31 912
31 912
31 912
Free-cash
32 567
27 056
37 660
34 785

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40822
₽30218
₽37947
₽35399
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 627
social contributions
-
-
-
3 335
income
-
-
-
14 500
pensions
-
-
-
25 370
health
-
-
-
3 471
total
-
-
-
50 303
Employee
35 634
-
93 251
-
social contributions
1 016
-
2 657
-
pensions
4 030
-
5 342
-
surtax
-
-
-
-
income
1 837
-
15 680
-
total
6 883
-
23 679
-
Employer
35 634
-
93 251
-
unemployment
1 443
-
3 777
-
health
2 494
-
7 276
-
pensions
5 855
-
9 198
-
other
1 230
-
3 218
-
social contributions
106
-
280
-
total
11 128
-
23 749
-
Corporate
70 238
117 000
-
-
surtax
-
-
-
-
income
19 667
32 760
-
-
total
19 667
32 760
-
-
Dividends
50 571
84 240
-
-
withholding
6 473
10 783
-
-
surtax
-
-
-
-
social contributions
8 700
14 489
-
-
total
15 173
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 851
58 032
47 428
50 303
After tax
64 149
58 968
69 572
66 697
Living cost
28 750
28 750
28 750
28 750
Free-cash
35 399
30 218
40 822
37 947

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54336
₽51603
₽55359
₽52088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
16 146
income
-
-
-
17 550
health
-
-
-
8 167
total
-
-
-
41 863
Employee
31 625
-
117 000
-
health
2 207
-
8 167
-
social contributions
4 365
-
16 146
-
income
5 275
-
18 573
-
total
11 847
-
42 886
-
Employer
31 625
-
117 000
-
total
-
-
-
-
Corporate
85 375
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%.

4 269
5 850
-
-
total
4 269
5 850
-
-
Dividends
81 106
111 150
-
-
withholding
12 165
16 672
-
-
health
5 661
7 758
-
-
social contributions
11 192
15 339
-
-
total
29 018
39 769
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 134
45 619
42 886
41 863
After tax
71 866
71 381
74 114
75 137
Living cost
19 778
19 778
19 778
19 778
Free-cash
52 088
51 603
54 336
55 359

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽424
₽32321
₽25649
₽30880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
467
unemployment
-
-
-
5 721
income
-
-
-
23 619
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
58 485
Employee
46 614
37 171
90 710
-
health
1 804
1 439
3 510
-
pensions
4 774
3 806
9 289
-
unemployment
1 398
1 115
2 721
-
other
466
372
906
-
income
5 307
2 742
20 047
-
total
13 749
9 474
36 473
-
Employer
46 614
37 171
90 710
-
unemployment
1 398
1 115
2 721
-
payroll
1 398
1 115
2 721
-
accident
605
483
1 179
-
health
1 761
1 405
3 429
-
pensions
5 850
4 666
11 385
-
other
2 214
1 765
4 310
-
surtax
184
184
184
-
chamber of commerce
186
149
363
-
total
13 596
10 882
26 292
-
Corporate
56 789
68 947
87 170
-
income

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

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

14 197
17 237
21 793
-
total
14 197
17 237
21 793
-
Dividends
42 591
51 711
-
-
withholding
11 712
14 220
-
-
total
11 712
14 220
-
-
Income
117 000
117 000
117 000
117 000
Total tax
53 254
51 813
84 558
58 485
After tax
63 746
65 187
32 442
58 515
Living cost
32 866
32 866
32 866
32 866
Free-cash
30 880
32 321
-424
25 649

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9824
₽31524
₽18452
₽17533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
18 614
communal

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

-
-
-
5 903
national
-
-
-
40 022
total
-
-
-
64 539
Employee

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

66 719
-
90 619
-
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.

3 135
-
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.

5 004
-
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.

581
-
788
-
national
20 512
-
30 218
-
communal

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

3 480
-
4 726
-
total
32 712
-
46 788
-
Employer

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

66 719
-
90 619
-
unemployment

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

974
-
1 322
-
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.

867
-
1 179
-
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.

4 103
-
5 572
-
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.

5 912
-
8 029
-
surtax
7 565
-
10 277
-
total
19 421
-
26 379
-
Corporate
30 860
117 000
-
-
surtax
124
467
-
-
income
6 172
23 400
-
-
total
6 296
23 867
-
-
Dividends
24 564
93 133
-
-
withholding

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

7 029
27 600
-
-
total
7 029
27 600
-
-
Income
117 000
117 000
117 000
117 000
Total tax
65 458
51 467
73 167
64 539
After tax
51 542
65 533
43 833
52 461
Living cost
34 009
34 009
34 009
34 009
Free-cash
17 533
31 524
9 824
18 452

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26811
₽44873
₽31293
₽37664
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
26 086
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
52 022
Employee
46 429
-
89 439
-
pensions
2 182
-
4 064
-
unemployment
720
-
1 340
-
other
46
-
87
-
income
9 796
-
23 452
-
total
12 744
-
28 943
-
Employer
46 429
-
89 439
-
unemployment
2 554
-
4 754
-
accident
919
-
1 712
-
pensions
10 957
-
20 403
-
other
370
-
692
-
total
14 800
-
27 561
-
Corporate
55 772
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.

8 365
17 550
-
-
total
8 365
17 550
-
-
Dividends
47 407
99 450
-
-
withholding
9 742
20 892
-
-
total
9 742
20 892
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 651
38 442
56 504
52 022
After tax
71 349
78 558
60 496
64 978
Living cost
33 685
33 685
33 685
33 685
Free-cash
37 664
44 873
26 811
31 293

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17117
₽19919
₽12453
₽10884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
5 800
income
-
-
-
13 919
communal
-
-
-
7 395
pensions
-
-
-
17 537
accident
-
-
-
986
health
-
-
-
8 222
total
-
-
-
53 859
Employee
70 635
-
104 511
-
health
3 144
-
4 652
-
pensions
5 650
-
8 362
-
surtax
4 329
-
6 404
-
income
6 823
-
17 287
-
total
19 946
-
36 705
-
Employer
70 635
-
104 511
-
accident
635
-
940
-
health
2 154
-
3 188
-
pensions
5 650
-
8 362
-
total
8 439
-
12 490
-
Corporate
37 926
117 000
-
-
communal
2 559
7 898
-
-
surtax
398
1 228
-
-
income
5 689
17 550
-
-
total
8 646
26 676
-
-
Dividends
29 279
90 324
-
-
withholding
4 391
13 548
-
-
income
14 006
6 169
-
-
total
18 397
19 717
-
-
Income
117 000
117 000
117 000
117 000
Total tax
55 428
46 393
49 195
53 859
After tax
61 572
70 607
67 805
63 141
Living cost
50 688
50 688
50 688
50 688
Free-cash
10 884
19 919
17 117
12 453

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33593
₽52643
₽35525
₽49674
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
3 418
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
25 188
pensions
-
-
-
23 400
health
-
-
-
8 307
total
-
-
-
60 525
Employee
31 411
-
96 653
-
health
802
-
2 464
-
pensions
2 096
-
6 446
-
unemployment
2 186
-
6 728
-
surtax
112
-
3 113
-
other
-
-
-
-
income
5 266
-
23 359
-
total
10 462
-
42 110
-
Employer
31 411
-
96 653
-
unemployment
997
-
3 064
-
health
1 428
-
4 399
-
pensions
4 188
-
12 884
-
other
-
-
-
-
total
6 613
-
20 347
-
Corporate
78 976
117 000
-
-
income
20 534
30 420
-
-
total
20 534
30 420
-
-
Dividends
58 442
86 580
-
-
withholding
8 767
12 987
-
-
total
8 767
12 987
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 376
43 407
62 457
60 525
After tax
70 624
73 593
54 543
56 475
Living cost
20 950
20 950
20 950
20 950
Free-cash
49 674
52 643
33 593
35 525

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27274
₽36372
₽32810
₽34301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
696
social contributions
-
-
-
30 092
national
-
-
-
26 512
regional
-
-
-
1 764
total
-
-
-
59 064
Employee
51 740
-
117 000
-
social contributions
17 447
-
39 452
-
national
8 197
-
22 954
-
regional
697
-
1 574
-
municipal
274
-
620
-
total
26 615
-
64 600
-
Employer
51 740
-
117 000
-
total
-
-
-
-
Corporate
65 260
117 000
-
-
municipal
3 243
5 815
-
-
nationa
15 663
28 080
-
-
total
18 906
33 895
-
-
Dividends
46 354
83 106
-
-
withholding
12 052
21 607
-
-
total
12 052
21 607
-
-
Income
117 000
117 000
117 000
117 000
Total tax
57 573
55 502
64 600
59 064
After tax
59 427
61 498
52 400
57 936
Living cost
25 126
25 126
25 126
25 126
Free-cash
34 301
36 372
27 274
32 810

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽31289
₽52470
₽30063
₽42450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
32 796
income
-
-
-
10 261
health
-
-
-
15 795
total
-
-
-
58 852
Employee
41 301
-
87 313
-
health
5 576
-
11 787
-
social contributions
2 685
-
5 675
-
solidarity contribution
-
-
-
-
income
4 956
-
10 478
-
total
13 217
-
27 940
-
Employer
41 301
-
87 313
-
health
3 717
-
7 858
-
social contributions
10 325
-
21 828
-
total
14 042
-
29 686
-
Corporate
61 656
117 000
-
-
income
11 715
22 230
-
-
total
11 715
22 230
-
-
Dividends
49 942
94 770
-
-
withholding
7 491
14 215
-
-
total
7 491
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
46 465
36 445
57 626
58 852
After tax
70 535
80 555
59 374
58 148
Living cost
28 085
28 085
28 085
28 085
Free-cash
42 450
52 470
31 289
30 063

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2718
₽35530
₽28942
₽35070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
467
unemployment
-
-
-
5 721
income
-
-
-
23 619
pensions
-
-
-
20 159
health
-
-
-
8 335
total
-
-
-
58 301
Employee
40 772
37 171
90 853
-
health
1 577
1 439
3 515
-
pensions
4 176
3 806
9 303
-
unemployment
1 223
1 115
2 726
-
other
407
372
908
-
income
3 632
2 742
20 097
-
total
11 015
9 474
36 549
-
Employer
40 772
37 171
90 853
-
unemployment
1 223
1 115
2 726
-
payroll
1 223
1 115
2 726
-
accident
529
483
1 181
-
health
1 542
1 405
3 434
-
pensions
5 117
4 666
11 403
-
other
1 936
1 765
4 315
-
surtax
-
-
-
-
chamber of commerce
163
149
363
-
total
11 733
10 698
26 148
-
Corporate
64 494
69 131
87 313
-
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.

16 123
17 283
21 828
-
total
16 123
17 283
21 828
-
Dividends
48 371
51 849
-
-
withholding
13 302
14 258
-
-
total
13 302
14 258
-
-
Income
117 000
117 000
117 000
117 000
Total tax
52 173
51 713
84 525
58 301
After tax
64 827
65 287
32 475
58 699
Living cost
29 757
29 757
29 757
29 757
Free-cash
35 070
35 530
2 718
28 942

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81828
₽99378
₽104058
₽97171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
117 000
-
income
2 943
-
23 400
-
total
2 943
-
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%.

102 285
117 000
-
-
total
-
-
-
-
Dividends
102 285
117 000
-
-
withholding
5 114
5 850
-
-
total
5 114
5 850
-
-
Income
117 000
117 000
117 000
117 000
Total tax
8 057
5 850
23 400
1 170
After tax
108 943
111 150
93 600
115 830
Living cost
11 772
11 772
11 772
11 772
Free-cash
97 171
99 378
81 828
104 058

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31122
₽55537
₽34475
₽47735
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
175
income
-
-
-
24 452
pensions
-
-
-
21 368
health
-
-
-
11 512
total
-
-
-
57 507
Employee

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

41 246
-
101 238
-
health
2 664
-
6 540
-
pensions
6 393
-
15 691
-
unemployment
58
-
142
-
income
7 113
-
22 725
-
total
16 228
-
45 098
-
Employer

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

41 246
-
101 238
-
unemployment
25
-
60
-
health
2 747
-
6 742
-
pensions
3 650
-
8 960
-
total
6 422
-
15 762
-
Corporate
69 333
117 000
-
-
income
13 173
22 230
-
-
total
13 173
22 230
-
-
Dividends
56 160
94 770
-
-
withholding
8 424
14 215
-
-
total
8 424
14 215
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 247
36 445
60 860
57 507
After tax
72 753
80 555
56 140
59 493
Living cost
25 018
25 018
25 018
25 018
Free-cash
47 735
55 537
31 122
34 475

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64793
₽31174
₽40847
-₽21255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
13 338
income
-
-
-
22 806
total
-
-
-
36 144
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
45 817
12 198
36 144
After tax
18 754
71 183
104 802
80 856
Living cost
40 009
40 009
40 009
40 009
Free-cash
-21 255
31 174
64 793
40 847

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27566
₽37293
₽34985
₽36354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
40 658
income
-
-
-
12 100
total
-
-
-
52 758
Employee
42 898
-
94 545
-
social contributions
4 719
-
10 401
-
surtax
-
-
-
-
income
8 923
-
27 321
-
total
13 642
-
37 722
-
Employer
42 898
-
94 545
-
social contributions
10 188
-
22 455
-
total
10 188
-
22 455
-
Corporate
63 913
117 000
-
-
surtax
-
-
-
-
income
13 422
24 570
-
-
total
13 422
24 570
-
-
Dividends
50 491
92 430
-
-
withholding
14 137
25 880
-
-
total
14 137
25 880
-
-
Income
117 000
117 000
117 000
117 000
Total tax
51 389
50 450
60 177
52 758
After tax
65 611
66 550
56 823
64 242
Living cost
29 257
29 257
29 257
29 257
Free-cash
36 354
37 293
27 566
34 985

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24522
₽13918
₽21647
₽20328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 627
social contributions
-
-
-
3 335
income
-
-
-
14 500
pensions
-
-
-
25 370
health
-
-
-
3 471
total
-
-
-
50 303
Employee
58 419
-
93 251
-
social contributions
1 664
-
2 657
-
pensions
6 608
-
5 342
-
surtax
-
-
-
-
income
5 097
-
15 680
-
total
13 369
-
23 679
-
Employer
58 419
-
93 251
-
unemployment
2 367
-
3 777
-
health
4 089
-
7 276
-
pensions
9 599
-
9 198
-
other
2 016
-
3 218
-
social contributions
175
-
280
-
total
18 246
-
23 749
-
Corporate
40 336
117 000
-
-
surtax
-
-
-
-
income
11 295
32 760
-
-
total
11 295
32 760
-
-
Dividends
29 041
84 240
-
-
withholding
3 717
10 783
-
-
surtax
-
-
-
-
social contributions
4 995
14 489
-
-
total
8 712
25 272
-
-
Income
117 000
117 000
117 000
117 000
Total tax
51 622
58 032
47 428
50 303
After tax
65 378
58 968
69 572
66 697
Living cost
45 050
45 050
45 050
45 050
Free-cash
20 328
13 918
24 522
21 647

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62868
₽77262
₽59760
₽74129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 462
social contributions
-
-
-
25 740
total
-
-
-
29 202
Employee
29 986
-
101 298
-
social contributions
1 949
-
6 585
-
income
-
-
3 807
-
total
1 949
-
10 392
-
Employer
29 986
-
101 298
-
social contributions
4 648
-
15 702
-
total
4 648
-
15 702
-
Corporate
82 366
117 000
-
-
income
8 236
11 700
-
-
total
8 236
11 700
-
-
Dividends
74 130
105 300
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
14 833
11 700
26 094
29 202
After tax
102 167
105 300
90 906
87 798
Living cost
28 038
28 038
28 038
28 038
Free-cash
74 129
77 262
62 868
59 760

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
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.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽86226
-₽86226
₽26238
-₽86226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 967
labour market
-
-
-
9 295
national
-
-
-
12 770
pensions
-
-
-
809
total
-
-
-
45 841
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
117 000
117 000
117 000
117 000
Total tax
158 305
158 305
158 305
45 841
After tax
-41 305
-41 305
-41 305
71 159
Living cost
44 921
44 921
44 921
44 921
Free-cash
-86 226
-86 226
-86 226
26 238

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41283
-₽11045
₽59639
₽6329
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
351
income
-
-
-
30 245
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
36 839
Employee
32 282
-
102 352
-
health
3 697
-
11 719
-
pensions
3 635
-
7 223
-
income
4 429
-
21 606
-
total
11 761
-
40 548
-
Employer
32 282
-
102 352
-
unemployment
791
-
2 507
-
accident
539
-
1 709
-
pensions
5 249
-
10 431
-
total
6 579
-
14 647
-
Corporate
78 138
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.

70 325
105 300
-
-
total
70 325
105 300
-
-
Dividends
7 814
11 700
-
-
withholding
1 484
2 223
-
-
total
1 484
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
90 149
107 523
55 195
36 839
After tax
26 851
9 477
61 805
80 161
Living cost
20 522
20 522
20 522
20 522
Free-cash
6 329
-11 045
41 283
59 639

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28573
₽40171
₽44617
₽40354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 805
national
-
-
-
14 356
health
-
-
-
1 412
total
-
-
-
36 573
Employee
49 073
-
98 427
-
health
366
-
1 126
-
pensions
3 312
-
6 645
-
unemployment
736
-
1 476
-
national
811
-
8 745
-
municipal
8 038
-
16 052
-
total
13 263
-
34 044
-
Employer
49 073
-
98 427
-
unemployment
319
-
639
-
accident
50
-
99
-
health
377
-
758
-
pensions
8 514
-
17 077
-
total
9 260
-
18 573
-
Corporate
58 668
117 000
-
-
income
11 734
23 400
-
-
total
11 734
23 400
-
-
Dividends

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

35 201
70 200
-
-
national
242
4 983
-
-
municipal
6 337
12 636
-
-
total
6 579
17 619
-
-
Income
117 000
117 000
117 000
117 000
Total tax
40 836
41 019
52 617
36 573
After tax
76 164
75 981
64 383
80 427
Living cost
35 810
35 810
35 810
35 810
Free-cash
40 354
40 171
28 573
44 617

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59131
₽63911
₽60378
₽58836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
15 091
income
-
-
-
16 952
health
-
-
-
2 984
total
-
-
-
35 027
Employee
71 723
71 723
106 992
-
health
556
1 220
1 820
-
social contributions
2 712
5 953
8 029
-
income
7 809
6 639
16 417
-
total
11 077
13 812
26 266
-
Employer
71 723
71 723
106 992
-
health
604
1 328
1 979
-
social contributions
2 712
5 953
8 029
-
total
3 316
7 281
10 008
-
Corporate
81 013
37 997
-
-
income
10 126
4 749
-
-
total
10 126
4 749
-
-
Dividends
70 886
33 248
-
-
withholding
12 050
5 652
-
-
total
12 050
5 652
-
-
Income
117 000
117 000
117 000
117 000
Total tax
36 569
31 494
36 274
35 027
After tax
80 431
85 506
80 726
81 973
Living cost
21 595
21 595
21 595
21 595
Free-cash
58 836
63 911
59 131
60 378

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62632
₽82078
₽81342
₽77335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
11 514
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
20 849
Employee

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

21 409
-
107 884
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
9 201
-
total
6 601
-
30 442
-
Employer

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

21 409
-
107 884
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
93 387
117 000
-
-
income
8 404
10 530
-
-
total
8 404
10 530
-
-
Dividends
84 983
106 470
-
-
withholding
7 648
9 583
-
-
total
7 648
9 583
-
-
Income
117 000
117 000
117 000
117 000
Total tax
24 856
20 113
39 559
20 849
After tax
92 144
96 887
77 441
96 151
Living cost
14 809
14 809
14 809
14 809
Free-cash
77 335
82 078
62 632
81 342

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34847
₽52909
₽39329
₽48236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
26 086
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
52 022
Employee
34 489
-
89 439
-
pensions
1 621
-
4 064
-
unemployment
535
-
1 340
-
other
34
-
87
-
income
6 649
-
23 452
-
total
8 839
-
28 943
-
Employer
34 489
-
89 439
-
unemployment
1 897
-
4 754
-
accident
683
-
1 712
-
pensions
8 139
-
20 403
-
other
276
-
692
-
total
10 995
-
27 561
-
Corporate
71 516
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.

10 728
17 550
-
-
total
10 728
17 550
-
-
Dividends
60 788
99 450
-
-
withholding
12 553
20 892
-
-
total
12 553
20 892
-
-
Income
117 000
117 000
117 000
117 000
Total tax
43 115
38 442
56 504
52 022
After tax
73 885
78 558
60 496
64 978
Living cost
25 649
25 649
25 649
25 649
Free-cash
48 236
52 909
34 847
39 329

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72901
₽71109
₽73036
₽70797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
39 676
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
42 065
Employee
2 893
-
115 441
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
39 603
-
total
994
-
40 641
-
Employer
2 893
-
115 441
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
113 456
117 000
-
-
income
24 960
25 740
-
-
total
24 960
25 740
-
-
Dividends
88 496
91 260
-
-
withholding
17 699
18 252
-
-
total
17 699
18 252
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 304
43 992
42 200
42 065
After tax
72 696
73 008
74 800
74 935
Living cost
1 899
1 899
1 899
1 899
Free-cash
70 797
71 109
72 901
73 036

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49453
₽68400
₽49454
₽63811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
25 353
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
51 413
Employee

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

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

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

24 328
-
104 659
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
25 353
-
total
8 194
-
39 073
-
Employer

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

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

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

24 328
-
104 659
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
88 317
117 000
-
-
income
13 248
17 550
-
-
total
13 248
17 550
-
-
Dividends
75 070
99 450
-
-
withholding
11 260
14 917
-
-
total
11 260
14 917
-
-
Income
117 000
117 000
117 000
117 000
Total tax
37 056
32 467
51 414
51 413
After tax
79 944
84 533
65 586
65 587
Living cost
16 133
16 133
16 133
16 133
Free-cash
63 811
68 400
49 453
49 454

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31677
₽41404
₽39096
₽41067
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
40 658
income
-
-
-
12 100
total
-
-
-
52 758
Employee
36 201
-
94 545
-
social contributions
3 983
-
10 401
-
surtax
-
-
-
-
income
7 074
-
27 321
-
total
11 057
-
37 722
-
Employer
36 201
-
94 545
-
social contributions
8 597
-
22 455
-
total
8 597
-
22 455
-
Corporate
72 202
117 000
-
-
surtax
-
-
-
-
income
15 162
24 570
-
-
total
15 162
24 570
-
-
Dividends
57 039
92 430
-
-
withholding
15 971
25 880
-
-
total
15 971
25 880
-
-
Income
117 000
117 000
117 000
117 000
Total tax
50 787
50 450
60 177
52 758
After tax
66 213
66 550
56 823
64 242
Living cost
25 146
25 146
25 146
25 146
Free-cash
41 067
41 404
31 677
39 096

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27716
₽45778
₽32198
₽38883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
26 086
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
52 022
Employee
45 047
-
89 439
-
pensions
2 117
-
4 064
-
unemployment
697
-
1 340
-
other
44
-
87
-
income
9 409
-
23 452
-
total
12 267
-
28 943
-
Employer
45 047
-
89 439
-
unemployment
2 478
-
4 754
-
accident
892
-
1 712
-
pensions
10 631
-
20 403
-
other
361
-
692
-
total
14 362
-
27 561
-
Corporate
57 591
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.

8 640
17 550
-
-
total
8 640
17 550
-
-
Dividends
48 952
99 450
-
-
withholding
10 068
20 892
-
-
total
10 068
20 892
-
-
Income
117 000
117 000
117 000
117 000
Total tax
45 337
38 442
56 504
52 022
After tax
71 663
78 558
60 496
64 978
Living cost
32 780
32 780
32 780
32 780
Free-cash
38 883
45 778
27 716
32 198

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78772
₽83983
₽74696
₽78296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
17 550
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
26 252
Employee
21 255
-
110 605
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
11 060
-
total
5 204
-
15 780
-
Employer
21 255
-
110 605
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
91 575
117 000
-
-
income
9 157
11 700
-
-
total
9 157
11 700
-
-
Dividends
82 417
105 300
-
-
withholding
4 120
5 265
-
-
total
4 120
5 265
-
-
Income
117 000
117 000
117 000
117 000
Total tax
22 652
16 965
22 176
26 252
After tax
94 348
100 035
94 824
90 748
Living cost
16 052
16 052
16 052
16 052
Free-cash
78 296
83 983
78 772
74 696

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41996
₽24283
₽31429
₽36485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 701
trade
-
-
-
10 567
income

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

-
-
-
30 921
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.

-
-
-
6 372
total
-
-
-
49 561
Employee

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

46 409
-
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.

6 372
-
6 372
-
surtax

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

211
-
1 701
-
income

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

3 816
-
30 921
-
total
10 399
-
38 994
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 591
117 000
-
-
chamber of commerce
244
313
-
-
trade
10 130
16 789
-
-
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.

582
965
-
-
income
10 588
17 550
-
-
total
21 544
35 617
-
-
Dividends
49 046
81 383
-
-
withholding
11 907
19 991
-
-
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.

655
1 099
-
-
total
12 562
21 090
-
-
Income
117 000
117 000
117 000
117 000
Total tax
44 505
56 707
38 994
49 561
After tax
72 495
60 293
78 006
67 439
Living cost
36 010
36 010
36 010
36 010
Free-cash
36 485
24 283
41 996
31 429

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21579
₽28768
₽21579
₽30828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 383
social contributions
-
-
-
10 906
total
-
-
-
42 289
Employee
72 960
-
117 000
-
social contributions
6 061
-
10 906
-
income
13 767
-
31 383
-
total
19 828
-
42 289
-
Employer
72 960
-
117 000
-
total
-
-
-
-
Corporate
44 040
117 000
-
-
income
5 505
14 626
-
-
total
5 505
14 626
-
-
Dividends
38 535
102 374
-
-
withholding
7 707
20 474
-
-
total
7 707
20 474
-
-
Income
117 000
117 000
117 000
117 000
Total tax
33 040
35 100
42 289
42 289
After tax
83 960
81 900
74 711
74 711
Living cost
53 132
53 132
53 132
53 132
Free-cash
30 828
28 768
21 579
21 579

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52217
₽37264
₽50910
₽40523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
112 709
-
social contributions
4 287
-
4 291
-
income
4 643
-
22 343
-
total
8 930
-
26 634
-
Employer
42 788
-
112 709
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
69 925
117 000
-
-
income
24 474
40 950
-
-
total
24 474
40 950
-
-
Dividends
45 451
76 050
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
117 000
117 000
117 000
117 000
Total tax
42 619
45 878
30 925
32 232
After tax
74 381
71 122
86 075
84 768
Living cost
33 858
33 858
33 858
33 858
Free-cash
40 523
37 264
52 217
50 910

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35482
₽46925
₽46340
₽47483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 297
pensions
-
-
-
7 481
total
-
-
-
35 778
Employee
47 881
-
102 655
-
health
625
-
1 678
-
pensions
3 654
-
9 555
-
income
8 719
-
21 058
-
total
12 998
-
32 291
-
Employer
47 881
-
102 655
-
health
910
-
1 950
-
pensions
4 837
-
12 395
-
total
5 747
-
14 345
-
Corporate
63 372
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.

12 041
22 231
-
-
total
12 041
22 231
-
-
Dividends
51 331
94 769
-
-
withholding
3 849
12 962
-
-
total
3 849
12 962
-
-
Income
117 000
117 000
117 000
117 000
Total tax
34 635
35 193
46 636
35 778
After tax
82 365
81 807
70 364
81 222
Living cost
34 882
34 882
34 882
34 882
Free-cash
47 483
46 925
35 482
46 340

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39251
-₽13077
₽57607
₽6019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
351
income
-
-
-
30 245
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
36 839
Employee
35 478
-
102 352
-
health
4 062
-
11 719
-
pensions
3 995
-
7 223
-
income
4 867
-
21 606
-
total
12 924
-
40 548
-
Employer
35 478
-
102 352
-
unemployment
869
-
2 507
-
accident
592
-
1 709
-
pensions
5 768
-
10 431
-
total
7 229
-
14 647
-
Corporate
74 292
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.

66 863
105 300
-
-
total
66 863
105 300
-
-
Dividends
7 429
11 700
-
-
withholding
1 411
2 223
-
-
total
1 411
2 223
-
-
Income
117 000
117 000
117 000
117 000
Total tax
88 427
107 523
55 195
36 839
After tax
28 573
9 477
61 805
80 161
Living cost
22 554
22 554
22 554
22 554
Free-cash
6 019
-13 077
39 251
57 607

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽65296
₽85849
₽53645
₽81481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 404
health insurance
-
-
-
8 658
income
-
-
-
18 573
pensions
-
-
-
21 528
work injury
-
-
-
585
total
-
-
-
50 748
Employee

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

20 172
-
117 000
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
18 573
-
total
7 565
-
39 097
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
96 828
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%.

968
1 170
-
-
total
968
1 170
-
-
Dividends
95 860
115 830
-
-
withholding
14 379
17 374
-
-
total
14 379
17 374
-
-
Income
117 000
117 000
117 000
117 000
Total tax
22 912
18 544
39 097
50 748
After tax
94 088
98 456
77 903
66 252
Living cost
12 607
12 607
12 607
12 607
Free-cash
81 481
85 849
65 296
53 645

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽14552
₽24470
₽19901
₽20226
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
782
social contributions
-
-
-
30 092
national
-
-
-
26 512
regional
-
-
-
2 555
total
-
-
-
59 941
Employee
78 598
-
117 000
-
social contributions
26 503
-
39 452
-
national
13 282
-
22 954
-
regional
1 187
-
2 187
-
municipal
469
-
697
-
total
41 441
-
65 290
-
Employer
78 598
-
117 000
-
total
-
-
-
-
Corporate
38 402
117 000
-
-
municipal
1 851
5 639
-
-
nationa
9 217
28 080
-
-
total
11 068
33 719
-
-
Dividends
27 334
83 281
-
-
withholding
7 107
21 653
-
-
total
7 107
21 653
-
-
Income
117 000
117 000
117 000
117 000
Total tax
59 616
55 372
65 290
59 941
After tax
57 384
61 628
51 710
57 059
Living cost
37 158
37 158
37 158
37 158
Free-cash
20 226
24 470
14 552
19 901

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
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.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close