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
₽ 100000
per

Your estimated
City
free-cash

Dresden , Germany
₽20141
₽31251
₽32431
₽40825
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
trade
-
-
-
8 394
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.

-
-
-
20 748
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.

-
-
-
6 862
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.

-
-
-
1 142
total
-
-
-
37 146
Employee

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

38 418
-
100 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
1 142
-
income

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

1 073
-
20 748
-
total
7 994
-
28 752
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 582
100 000
-
-
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.

509
825
-
-
income
9 237
14 999
-
-
trade
9 698
15 750
-
-
chamber of commerce
240
295
-
-
total
19 684
31 869
-
-
Dividends
41 898
68 130
-
-
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.

555
915
-
-
withholding
10 093
16 652
-
-
total
10 648
17 567
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 326
49 436
28 752
37 146
After tax
61 674
50 564
71 248
62 854
Living cost
30 423
30 423
30 423
30 423
Free-cash
31 251
20 141
40 825
32 431

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11717
₽10874
₽9686
₽10471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
10 416
pensions
-
-
-
12 000
national
-
-
-
16 140
social contributions
-
-
-
1 075
total
-
-
-
39 631
Employee
78 568
-
86 449
-
municipal
9 704
-
10 803
-
pensions
3 143
-
3 458
-
national
15 038
-
16 740
-
total
27 885
-
31 001
-
Employer
78 568
-
86 449
-
social contributions
845
-
929
-
pensions
6 285
-
6 916
-
total
7 130
-
7 845
-
Corporate
9 117
100 000
-
-
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%.

1 823
20 000
-
-
total
1 823
20 000
-
-
Dividends
7 293
80 000
-
-
withholding
1 605
17 600
-
-
total
1 605
17 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 443
37 600
38 846
39 631
After tax
61 557
62 400
61 154
60 369
Living cost
50 683
50 683
50 683
50 683
Free-cash
10 874
11 717
10 471
9 686

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59102
₽50863
₽32492
₽35473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
microenterprise
-
-
-
-
income
-
-
-
14 461
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.

-
-
-
32 150
total
-
-
-
46 611
Employee
29 350
-
80 586
-
social contributions

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

3 229
-
8 865
-
surtax
-
-
-
-
income
5 225
-
15 351
-
total
8 454
-
24 216
-
Employer
29 350
-
80 586
-
social contributions

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

7 070
-
19 414
-
surtax
-
-
-
-
total
7 070
-
19 414
-
Corporate
63 580
100 000
-
-
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%.

12 716
20 001
-
-
total
12 716
20 001
-
-
Dividends

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

50 865
79 999
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
28 240
20 001
43 630
46 611
After tax
71 760
79 999
56 370
53 389
Living cost
20 897
20 897
20 897
20 897
Free-cash
50 863
59 102
35 473
32 492

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5897
₽134
₽14688
₽259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
19 459
pensions
-
-
-
11 768
health
-
-
-
12 008
total
-
-
-
43 235
Employee
85 775
85 775
85 775
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 775
85 775
85 775
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
257
-
-
-
income
51
-
-
-
total
51
-
-
-
Dividends
206
-
-
-
income
44
-
-
-
withholding
30
-
-
-
total
74
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
57 789
52 026
57 664
43 235
After tax
42 211
47 974
42 336
56 765
Living cost
42 077
42 077
42 077
42 077
Free-cash
134
5 897
259
14 688

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15639
₽14764
₽13859
₽14439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
22 443
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
47 180
Employee
55 516
-
76 092
-
municipal
16 555
-
22 691
-
national
-
-
-
-
total
16 555
-
22 691
-
Employer
55 516
-
76 092
-
accident
111
-
152
-
other
6 451
-
8 842
-
unemployment
1 466
-
2 009
-
pensions
6 001
-
8 226
-
health
3 414
-
4 680
-
total
17 443
-
23 909
-
Corporate
27 041
100 000
-
-
income
5 949
22 000
-
-
total
5 949
22 000
-
-
Dividends
21 092
78 000
-
-
withholding
6 328
23 400
-
-
total
6 328
23 400
-
-
Income
100 000
100 000
100 000
100 000
Total tax
46 275
45 400
46 600
47 180
After tax
53 725
54 600
53 400
52 820
Living cost
38 961
38 961
38 961
38 961
Free-cash
14 764
15 639
14 439
13 859

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10592
₽24705
₽23022
₽31790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
trade
-
-
-
8 768
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.

-
-
-
20 748
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.

-
-
-
6 862
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.

-
-
-
1 142
total
-
-
-
37 520
Employee

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

50 937
-
100 000
-
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.

6 862
-
6 862
-
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.

240
-
1 142
-
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.

4 376
-
20 748
-
total
11 478
-
28 752
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 063
100 000
-
-
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.

404
825
-
-
income
7 359
14 999
-
-
trade
8 070
16 450
-
-
chamber of commerce
223
295
-
-
total
16 056
32 569
-
-
Dividends
33 006
67 430
-
-
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.

433
905
-
-
withholding
7 870
16 476
-
-
total
8 303
17 381
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 837
49 950
28 752
37 520
After tax
64 163
50 050
71 248
62 480
Living cost
39 458
39 458
39 458
39 458
Free-cash
24 705
10 592
31 790
23 022

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40621
₽36457
₽38421
₽38320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
10 850
health
-
-
-
2 550
social contributions
-
-
-
15 600
total
-
-
-
29 000
Employee
77 236
77 236
90 786
-
social contributions
3 753
6 410
7 535
-
health
768
1 313
1 544
-
income
8 110
7 150
10 808
-
total
12 631
14 873
19 887
-
Employer
77 236
77 236
90 786
-
social contributions
3 753
6 410
7 535
-
health
837
1 430
1 679
-
total
4 590
7 840
9 214
-
Corporate
50 200
14 924
-
-
income
6 275
1 866
-
-
total
6 275
1 866
-
-
Dividends
43 925
13 058
-
-
withholding
7 468
2 221
-
-
total
7 468
2 221
-
-
Income
100 000
100 000
100 000
100 000
Total tax
30 964
26 800
29 101
29 000
After tax
69 036
73 200
70 899
71 000
Living cost
32 579
32 579
32 579
32 579
Free-cash
36 457
40 621
38 320
38 421

Estimated living cost  is ₽32579 per week

₽22271
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.
₽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.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38104
₽38485
₽51043
₽39739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
12 225
pensions
-
-
-
10 000
unemployment
-
-
-
1 500
health
-
-
-
7 000
total
-
-
-
30 725
Employee

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
83 682
-
health
1 842
733
5 858
-
income
3 217
1 281
10 230
-
pensions
2 632
1 047
8 368
-
unemployment
395
157
1 255
-
total
8 086
3 218
25 711
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 319
10 475
83 682
-
pensions
5 132
2 043
16 318
-
total
5 132
2 043
16 318
-
Corporate
68 549
87 483
-
-
income
6 169
7 873
-
-
total
6 169
7 873
-
-
Dividends
62 379
79 609
-
-
social contributions
12 044
15 404
-
-
withholding
11 852
15 126
-
-
total
23 896
30 530
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 283
43 664
42 029
30 725
After tax
56 717
56 336
57 971
69 275
Living cost
18 232
18 232
18 232
18 232
Free-cash
38 485
38 104
39 739
51 043

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55738
₽49499
₽29338
₽33378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
13 400
pensions
-
-
-
20 001
health
-
-
-
13 000
total
-
-
-
46 401
Employee
28 494
-
74 738
-
income
3 208
-
14 410
-
pensions
570
-
1 494
-
unemployment
456
-
1 195
-
total
4 234
-
17 099
-
Employer
28 494
-
74 738
-
unemployment
229
-
599
-
pensions
5 699
-
14 948
-
health
3 704
-
9 715
-
total
9 632
-
25 262
-
Corporate
61 874
100 000
-
-
income
12 374
20 001
-
-
total
12 374
20 001
-
-
Dividends
49 500
79 999
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
26 240
20 001
42 361
46 401
After tax
73 760
79 999
57 639
53 599
Living cost
24 261
24 261
24 261
24 261
Free-cash
49 499
55 738
33 378
29 338

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13944
₽4718
₽46593
₽29586
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
253
income
-
-
-
24 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
31 363
Employee
34 676
-
85 440
-
health
3 970
-
9 783
-
income
4 757
-
16 383
-
pensions
3 905
-
7 645
-
total
12 632
-
33 811
-
Employer
34 676
-
85 440
-
accident
579
-
1 427
-
unemployment
850
-
2 093
-
pensions
5 639
-
11 039
-
total
7 068
-
14 559
-
Corporate
58 257
100 000
-
-
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.

52 431
90 000
-
-
total
52 431
90 000
-
-
Dividends
5 826
10 000
-
-
withholding
1 107
1 900
-
-
total
1 107
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
73 238
91 900
48 370
31 363
After tax
26 762
8 100
51 630
68 637
Living cost
22 044
22 044
22 044
22 044
Free-cash
4 718
-13 944
29 586
46 593

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽85900
₽84194
₽89900
₽70900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 000
microenterprise

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

-
-
-
1 000
total
-
-
-
1 000
Employee
11 374
-
100 000
-
income
2 275
-
20 000
-
total
2 275
-
20 000
-
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%.

88 626
100 000
-
-
total
-
-
-
-
Dividends
88 626
100 000
-
-
withholding
4 431
5 000
-
-
total
4 431
5 000
-
-
Income
100 000
100 000
100 000
100 000
Total tax
6 706
5 000
20 000
1 000
After tax
93 294
95 000
80 000
99 000
Living cost
9 100
9 100
9 100
9 100
Free-cash
84 194
85 900
70 900
89 900

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46706
₽39922
₽27385
₽31760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
12 702
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.

-
-
-
24 000
other
-
-
-
4 750
health
-
-
-
4 399
total
-
-
-
45 851
Employee
36 470
-
79 872
-
health
511
-
1 119
-
income
6 279
-
13 840
-
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.

2 552
-
5 591
-
unemployment
364
-
799
-
total
9 706
-
21 349
-
Employer
36 470
-
79 872
-
accident
292
-
639
-
other
1 824
-
3 993
-
unemployment
364
-
799
-
pensions

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

6 201
-
13 577
-
health
511
-
1 119
-
total
9 192
-
20 127
-
Corporate
54 339
100 000
-
-
income
11 412
21 000
-
-
total
11 412
21 000
-
-
Dividends
42 927
79 000
-
-
withholding
3 004
5 530
-
-
total
3 004
5 530
-
-
Income
100 000
100 000
100 000
100 000
Total tax
33 314
26 530
41 476
45 851
After tax
66 686
73 470
58 524
54 149
Living cost
26 764
26 764
26 764
26 764
Free-cash
39 922
46 706
31 760
27 385

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6632
-₽7950
₽5075
-₽4455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
20 499
pensions
-
-
-
7 325
total
-
-
-
27 824
Employee
94 938
-
88 066
-
health
1 564
-
1 423
-
income
17 114
-
15 662
-
pensions
9 159
-
8 335
-
total
27 837
-
25 420
-
Employer
94 938
-
88 066
-
pensions
11 209
-
10 261
-
health
1 803
-
1 673
-
total
13 012
-
11 934
-
Corporate
-
100 000
-
-
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.

-
19 001
-
-
total
-
19 001
-
-
Dividends
-
80 999
-
-
withholding
-
7 266
-
-
total
-
7 266
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 849
26 267
37 354
27 824
After tax
59 151
73 733
62 646
72 176
Living cost
67 101
67 101
67 101
67 101
Free-cash
-7 950
6 632
-4 455
5 075

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72332
₽67667
₽62466
₽65557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
15 000
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
24 366
Employee
17 436
-
93 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
9 312
-
pensions

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

1 531
-
3 080
-
total
4 268
-
14 392
-
Employer
17 436
-
93 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
79 143
100 000
-
-
income
7 914
10 000
-
-
total
7 914
10 000
-
-
Dividends
71 229
90 000
-
-
withholding
3 562
4 500
-
-
total
3 562
4 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
19 165
14 500
21 275
24 366
After tax
80 835
85 500
78 725
75 634
Living cost
13 168
13 168
13 168
13 168
Free-cash
67 667
72 332
65 557
62 466

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽7723
-₽9428
₽1068
-₽13361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
19 459
pensions
-
-
-
11 768
health
-
-
-
12 008
total
-
-
-
43 235
Employee
93 124
85 775
85 775
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 124
85 775
85 775
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
53 731
52 026
57 664
43 235
After tax
46 269
47 974
42 336
56 765
Living cost
55 697
55 697
55 697
55 697
Free-cash
-9 428
-7 723
-13 361
1 068

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44830
₽36260
₽24685
₽26726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
8 595
health
-
-
-
13 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 200
total
-
-
-
51 295
Employee
35 324
-
74 627
-
social contributions
2 296
-
4 851
-
health
4 769
-
10 075
-
solidarity contribution
-
-
-
-
income
4 239
-
8 955
-
total
11 304
-
23 881
-
Employer
35 324
-
74 627
-
social contributions
8 831
-
18 657
-
health
3 179
-
6 716
-
total
12 010
-
25 373
-
Corporate
52 666
100 000
-
-
income
10 007
19 000
-
-
total
10 007
19 000
-
-
Dividends
42 659
81 000
-
-
withholding
6 399
12 150
-
-
total
6 399
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
39 720
31 150
49 254
51 295
After tax
60 280
68 850
50 746
48 705
Living cost
24 020
24 020
24 020
24 020
Free-cash
36 260
44 830
26 726
24 685

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽10969
₽5727
₽8986
₽4230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
595
regional
-
-
-
1 103
national
-
-
-
21 213
social contributions
-
-
-
25 719
total
-
-
-
48 630
Employee
89 268
-
100 000
-
social contributions
30 101
-
33 721
-
regional
842
-
964
-
municipal
473
-
530
-
national
15 468
-
18 171
-
total
46 884
-
53 386
-
Employer
89 268
-
100 000
-
total
-
-
-
-
Corporate
10 732
100 000
-
-
nationa
2 575
24 000
-
-
municipal
419
3 900
-
-
total
2 994
27 900
-
-
Dividends
7 738
72 100
-
-
withholding
2 011
18 747
-
-
total
2 011
18 747
-
-
Income
100 000
100 000
100 000
100 000
Total tax
51 889
46 647
53 386
48 630
After tax
48 111
53 353
46 614
51 370
Living cost
42 384
42 384
42 384
42 384
Free-cash
5 727
10 969
4 230
8 986

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40738
₽37609
₽29329
₽27394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
18 882
pensions
-
-
-
20 001
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 100
surtax
-
-
-
2 295
total
-
-
-
48 507
Employee
33 216
-
82 611
-
other
-
-
-
-
health
848
-
2 106
-
surtax
109
-
2 072
-
income
5 568
-
17 614
-
pensions
2 215
-
5 511
-
unemployment
2 312
-
5 749
-
total
11 052
-
33 052
-
Employer
33 216
-
82 611
-
other
-
-
-
-
unemployment
1 052
-
2 619
-
pensions
4 428
-
11 012
-
health
1 512
-
3 759
-
total
6 992
-
17 390
-
Corporate
59 792
100 000
-
-
income
15 546
25 999
-
-
total
15 546
25 999
-
-
Dividends
44 246
74 001
-
-
withholding
6 637
11 099
-
-
total
6 637
11 099
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 227
37 098
50 442
48 507
After tax
59 773
62 902
49 558
51 493
Living cost
22 164
22 164
22 164
22 164
Free-cash
37 609
40 738
27 394
29 329

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
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.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27891
₽21188
₽26334
₽16804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
20 499
pensions
-
-
-
7 325
total
-
-
-
27 824
Employee
63 625
-
88 066
-
health
924
-
1 423
-
income
11 459
-
15 662
-
pensions
5 400
-
8 335
-
total
17 783
-
25 420
-
Employer
63 625
-
88 066
-
pensions
6 887
-
10 261
-
health
1 209
-
1 673
-
total
8 096
-
11 934
-
Corporate
28 279
100 000
-
-
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.

5 374
19 001
-
-
total
5 374
19 001
-
-
Dividends
22 906
80 999
-
-
withholding
1 717
7 266
-
-
total
1 717
7 266
-
-
Income
100 000
100 000
100 000
100 000
Total tax
32 970
26 267
37 354
27 824
After tax
67 030
73 733
62 646
72 176
Living cost
45 842
45 842
45 842
45 842
Free-cash
21 188
27 891
16 804
26 334

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30665
₽2021
₽7058
₽2058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
city
-
-
-
1 054
pensions
-
-
-
9 200
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.

-
-
-
1 999
regional
-
-
-
3 426
health
-
-
-
249
national
-
-
-
620
total
-
-
-
16 548
Employee
89 401
-
89 505
-
city
959
-
961
-
regional
2 927
-
2 933
-
health
202
-
202
-
pensions
7 511
-
7 519
-
unemployment
-
-
-
-
national
423
-
423
-
total
12 022
-
12 038
-
Employer
89 401
-
89 505
-
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.

1 787
-
1 789
-
unemployment
-
-
-
-
pensions
7 511
-
7 519
-
health
202
-
202
-
total
9 500
-
9 510
-
Corporate
116
100 000
-
-
regional
24
21 149
-
-
national
10
8 500
-
-
total
34
29 649
-
-
Dividends
82
70 351
-
-
withholding
29
24 622
-
-
total
29
24 622
-
-
Income
100 000
100 000
100 000
100 000
Total tax
21 585
54 271
21 548
16 548
After tax
78 415
45 729
78 452
83 452
Living cost
76 394
76 394
76 394
76 394
Free-cash
2 021
-30 665
2 058
7 058

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3522
₽19808
₽16092
₽25234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
trade
-
-
-
9 142
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.

-
-
-
20 748
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.

-
-
-
6 862
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.

-
-
-
1 142
total
-
-
-
37 894
Employee

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

60 365
-
100 000
-
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.

6 862
-
6 862
-
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.

391
-
1 142
-
income

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

7 098
-
20 748
-
total
14 351
-
28 752
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 635
100 000
-
-
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.

328
825
-
-
income
5 945
14 999
-
-
trade
6 797
17 149
-
-
chamber of commerce
208
294
-
-
total
13 278
33 267
-
-
Dividends
26 357
66 733
-
-
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.

341
896
-
-
withholding
6 208
16 301
-
-
total
6 549
17 197
-
-
Income
100 000
100 000
100 000
100 000
Total tax
34 178
50 464
28 752
37 894
After tax
65 822
49 536
71 248
62 106
Living cost
46 014
46 014
46 014
46 014
Free-cash
19 808
3 522
25 234
16 092

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16034
₽21967
₽23230
₽22118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
9 461
pensions
-
-
-
25 163
other
-
-
-
3 103
health
-
-
-
1 828
surtax
-
-
-
-
social contributions
-
-
-
2 850
total
-
-
-
42 405
Employee
42 988
-
76 202
-
social contributions
1 226
-
2 171
-
surtax
-
-
-
-
income
2 537
-
8 931
-
pensions
4 861
-
8 617
-
total
8 624
-
19 719
-
Employer
42 988
-
76 202
-
other
1 483
-
2 629
-
social contributions
130
-
229
-
unemployment
1 740
-
3 086
-
pensions
7 062
-
12 521
-
health
3 010
-
5 333
-
total
13 425
-
23 798
-
Corporate
43 587
100 000
-
-
surtax
-
-
-
-
income
12 205
28 001
-
-
total
12 205
28 001
-
-
Dividends
31 382
71 999
-
-
surtax
-
-
-
-
social contributions
5 398
12 384
-
-
withholding
4 016
9 216
-
-
total
9 414
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 668
49 601
43 517
42 405
After tax
56 332
50 399
56 483
57 595
Living cost
34 365
34 365
34 365
34 365
Free-cash
21 967
16 034
22 118
23 230

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19439
₽25023
₽26635
₽25523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
9 461
pensions
-
-
-
25 163
other
-
-
-
3 103
health
-
-
-
1 828
surtax
-
-
-
-
social contributions
-
-
-
2 850
total
-
-
-
42 405
Employee
38 373
-
76 202
-
social contributions
1 094
-
2 171
-
surtax
-
-
-
-
income
1 979
-
8 931
-
pensions
4 340
-
8 617
-
total
7 413
-
19 719
-
Employer
38 373
-
76 202
-
other
1 325
-
2 629
-
social contributions
114
-
229
-
unemployment
1 553
-
3 086
-
pensions
6 305
-
12 521
-
health
2 686
-
5 333
-
total
11 983
-
23 798
-
Corporate
49 643
100 000
-
-
surtax
-
-
-
-
income
13 899
28 001
-
-
total
13 899
28 001
-
-
Dividends
35 744
71 999
-
-
surtax
-
-
-
-
social contributions
6 147
12 384
-
-
withholding
4 575
9 216
-
-
total
10 722
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
44 017
49 601
43 517
42 405
After tax
55 983
50 399
56 483
57 595
Living cost
30 960
30 960
30 960
30 960
Free-cash
25 023
19 439
25 523
26 635

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39710
₽40230
₽42922
₽43118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
14 999
health
-
-
-
6 980
social contributions
-
-
-
13 800
total
-
-
-
35 779
Employee
34 056
-
100 000
-
social contributions
4 700
-
13 800
-
health
2 377
-
6 980
-
income
5 680
-
14 803
-
total
12 757
-
35 583
-
Employer
34 056
-
100 000
-
total
-
-
-
-
Corporate
65 944
100 000
-
-
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%.

3 298
5 000
-
-
total
3 298
5 000
-
-
Dividends
62 646
95 000
-
-
health
4 373
6 631
-
-
social contributions
8 646
13 110
-
-
withholding
9 397
14 250
-
-
total
22 416
33 991
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 471
38 991
35 583
35 779
After tax
61 529
61 009
64 417
64 221
Living cost
21 299
21 299
21 299
21 299
Free-cash
40 230
39 710
43 118
42 922

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20673
₽19117
₽15278
-₽4997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
chamber of commerce
-
-
-
400
income
-
-
-
16 421
pensions
-
-
-
18 501
unemployment
-
-
-
6 161
health
-
-
-
7 649
surtax
-
-
-
198
total
-
-
-
49 330
Employee
50 197
40 028
77 495
-
other
501
400
776
-
health
1 942
1 550
2 998
-
income
5 715
2 953
14 645
-
pensions
5 141
4 098
7 935
-
unemployment
1 506
1 201
2 325
-
total
14 805
10 202
28 679
-
Employer
50 197
40 028
77 495
-
accident
652
520
1 008
-
other
2 385
1 900
3 683
-
chamber of commerce
200
160
311
-
unemployment
1 506
1 201
2 325
-
surtax
198
198
198
-
pensions
6 300
5 024
9 725
-
payroll
1 506
1 201
2 325
-
health
1 897
1 513
2 930
-
total
14 644
11 717
22 505
-
Corporate
35 160
48 253
73 682
-
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.

8 791
12 064
18 421
-
total
8 791
12 064
18 421
-
Dividends
26 369
36 189
-
-
withholding
7 251
9 952
-
-
total
7 251
9 952
-
-
Income
100 000
100 000
100 000
100 000
Total tax
45 491
43 935
69 605
49 330
After tax
54 509
56 065
30 395
50 670
Living cost
35 392
35 392
35 392
35 392
Free-cash
19 117
20 673
-4 997
15 278

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19462
₽4399
₽10398
₽2387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
national
-
-
-
32 337
communal

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

-
-
-
5 065
social contributions
-
-
-
15 577
total
-
-
-
52 979
Employee

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

71 848
-
77 455
-
communal

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

3 747
-
4 039
-
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.

3 376
-
3 641
-
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.

5 389
-
5 810
-
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.

625
-
675
-
national
22 089
-
24 281
-
total
35 226
-
38 446
-
Employer

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

71 848
-
77 455
-
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.

934
-
1 006
-
unemployment

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

1 048
-
1 130
-
surtax
8 147
-
8 783
-
pensions

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

6 366
-
6 862
-
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.

4 418
-
4 763
-
total
20 913
-
22 544
-
Corporate
7 238
100 000
-
-
surtax
29
400
-
-
income
1 447
20 001
-
-
total
1 476
20 401
-
-
Dividends
5 763
79 599
-
-
withholding

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

1 363
23 514
-
-
total
1 363
23 514
-
-
Income
100 000
100 000
100 000
100 000
Total tax
58 978
43 915
60 990
52 979
After tax
41 022
56 085
39 010
47 021
Living cost
36 623
36 623
36 623
36 623
Free-cash
4 399
19 462
2 387
10 398

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31105
₽23102
₽17323
₽16654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
839
income
-
-
-
18 473
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
46 403
Employee
49 998
-
75 825
-
other
50
-
76
-
income
10 549
-
18 080
-
pensions
2 350
-
3 564
-
unemployment
776
-
1 176
-
total
13 725
-
22 896
-
Employer
49 998
-
75 825
-
accident
989
-
1 502
-
other
398
-
608
-
unemployment
2 751
-
4 171
-
pensions
11 799
-
17 895
-
total
15 937
-
24 176
-
Corporate
34 065
100 000
-
-
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.

5 110
14 999
-
-
total
5 110
14 999
-
-
Dividends
28 954
85 001
-
-
withholding
5 852
17 622
-
-
total
5 852
17 622
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 624
32 621
47 072
46 403
After tax
59 376
67 379
52 928
53 597
Living cost
36 274
36 274
36 274
36 274
Free-cash
23 102
31 105
16 654
17 323

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
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.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6634
-₽183
₽2710
₽7215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
842
income
-
-
-
8 568
pensions
-
-
-
14 990
health
-
-
-
7 026
surtax
-
-
-
4 958
communal
-
-
-
6 321
total
-
-
-
42 705
Employee
76 065
-
89 326
-
health
3 385
-
3 974
-
surtax
4 662
-
5 474
-
income
7 347
-
10 932
-
pensions
6 084
-
7 146
-
total
21 478
-
27 526
-
Employer
76 065
-
89 326
-
accident
684
-
804
-
pensions
6 084
-
7 146
-
health
2 320
-
2 724
-
total
9 088
-
10 674
-
Corporate
14 847
100 000
-
-
surtax
156
1 050
-
-
communal
-
6 750
-
-
income
2 226
14 999
-
-
total
2 382
22 799
-
-
Dividends
12 464
77 201
-
-
income
10 780
4 402
-
-
withholding
1 870
11 580
-
-
total
12 650
15 982
-
-
Income
100 000
100 000
100 000
100 000
Total tax
45 598
38 781
38 200
42 705
After tax
54 402
61 219
61 800
57 295
Living cost
54 585
54 585
54 585
54 585
Free-cash
-183
6 634
7 215
2 710

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40341
₽37144
₽28932
₽26997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
18 882
pensions
-
-
-
20 001
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 100
surtax
-
-
-
2 295
total
-
-
-
48 507
Employee
33 826
-
82 611
-
other
-
-
-
-
health
863
-
2 106
-
surtax
120
-
2 072
-
income
5 671
-
17 614
-
pensions
2 257
-
5 511
-
unemployment
2 354
-
5 749
-
total
11 265
-
33 052
-
Employer
33 826
-
82 611
-
other
-
-
-
-
unemployment
1 073
-
2 619
-
pensions
4 510
-
11 012
-
health
1 538
-
3 759
-
total
7 121
-
17 390
-
Corporate
59 053
100 000
-
-
income
15 354
25 999
-
-
total
15 354
25 999
-
-
Dividends
43 699
74 001
-
-
withholding
6 555
11 099
-
-
total
6 555
11 099
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 295
37 098
50 442
48 507
After tax
59 705
62 902
49 558
51 493
Living cost
22 561
22 561
22 561
22 561
Free-cash
37 144
40 341
26 997
28 932

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25506
₽23276
₽23908
₽19176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
595
regional
-
-
-
1 508
national
-
-
-
21 213
social contributions
-
-
-
25 719
total
-
-
-
49 035
Employee
55 717
-
100 000
-
social contributions
18 788
-
33 721
-
regional
750
-
1 345
-
municipal
295
-
530
-
national
8 827
-
18 171
-
total
28 660
-
53 767
-
Employer
55 717
-
100 000
-
total
-
-
-
-
Corporate
44 283
100 000
-
-
nationa
10 628
24 000
-
-
municipal
2 202
4 969
-
-
total
12 830
28 969
-
-
Dividends
31 453
71 031
-
-
withholding
8 177
18 468
-
-
total
8 177
18 468
-
-
Income
100 000
100 000
100 000
100 000
Total tax
49 667
47 437
53 767
49 035
After tax
50 333
52 563
46 233
50 965
Living cost
27 057
27 057
27 057
27 057
Free-cash
23 276
25 506
19 176
23 908

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39251
₽28692
₽19106
₽21147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
8 595
health
-
-
-
13 500
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 200
total
-
-
-
51 295
Employee
43 528
-
74 627
-
social contributions
2 829
-
4 851
-
health
5 876
-
10 075
-
solidarity contribution
-
-
-
-
income
5 223
-
8 955
-
total
13 928
-
23 881
-
Employer
43 528
-
74 627
-
social contributions
10 882
-
18 657
-
health
3 918
-
6 716
-
total
14 800
-
25 373
-
Corporate
41 672
100 000
-
-
income
7 918
19 000
-
-
total
7 918
19 000
-
-
Dividends
33 754
81 000
-
-
withholding
5 063
12 150
-
-
total
5 063
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
41 709
31 150
49 254
51 295
After tax
58 291
68 850
50 746
48 705
Living cost
29 599
29 599
29 599
29 599
Free-cash
28 692
39 251
21 147
19 106

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24127
₽23631
₽18823
-₽1615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
chamber of commerce
-
-
-
400
income
-
-
-
16 421
pensions
-
-
-
18 501
unemployment
-
-
-
6 161
health
-
-
-
7 649
surtax
-
-
-
-
total
-
-
-
49 132
Employee
43 907
40 028
77 651
-
other
438
400
776
-
health
1 698
1 550
3 006
-
income
3 911
2 953
14 698
-
pensions
4 497
4 098
7 952
-
unemployment
1 317
1 201
2 329
-
total
11 861
10 202
28 761
-
Employer
43 907
40 028
77 651
-
accident
570
520
1 010
-
other
2 085
1 900
3 688
-
chamber of commerce
175
160
311
-
unemployment
1 317
1 201
2 329
-
surtax
-
-
-
-
pensions
5 511
5 024
9 746
-
payroll
1 317
1 201
2 329
-
health
1 660
1 513
2 935
-
total
12 635
11 519
22 348
-
Corporate
43 458
48 451
73 839
-
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.

10 865
12 113
18 461
-
total
10 865
12 113
18 461
-
Dividends
32 593
36 338
-
-
withholding
8 963
9 994
-
-
total
8 963
9 994
-
-
Income
100 000
100 000
100 000
100 000
Total tax
44 324
43 828
69 570
49 132
After tax
55 676
56 172
30 430
50 868
Living cost
32 045
32 045
32 045
32 045
Free-cash
23 631
24 127
-1 615
18 823

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
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.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80820
₽78161
₽84820
₽65820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 000
microenterprise

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

-
-
-
1 000
total
-
-
-
1 000
Employee
17 726
-
100 000
-
income
3 545
-
20 000
-
total
3 545
-
20 000
-
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%.

82 274
100 000
-
-
total
-
-
-
-
Dividends
82 274
100 000
-
-
withholding
4 114
5 000
-
-
total
4 114
5 000
-
-
Income
100 000
100 000
100 000
100 000
Total tax
7 659
5 000
20 000
1 000
After tax
92 341
95 000
80 000
99 000
Living cost
14 180
14 180
14 180
14 180
Free-cash
78 161
80 820
65 820
84 820

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41909
₽33507
₽24814
₽21954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
19 991
pensions
-
-
-
18 262
unemployment
-
-
-
151
health
-
-
-
9 841
total
-
-
-
48 245
Employee

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

44 416
-
86 528
-
health
2 869
-
5 589
-
income
7 660
-
18 513
-
pensions
6 885
-
13 411
-
unemployment
63
-
122
-
total
17 477
-
37 635
-
Employer

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

44 416
-
86 528
-
unemployment
27
-
51
-
pensions
3 930
-
7 657
-
health
2 958
-
5 762
-
total
6 915
-
13 470
-
Corporate
48 668
100 000
-
-
income
9 247
19 000
-
-
total
9 247
19 000
-
-
Dividends
39 422
81 000
-
-
withholding
5 913
12 150
-
-
total
5 913
12 150
-
-
Income
100 000
100 000
100 000
100 000
Total tax
39 552
31 150
51 105
48 245
After tax
60 448
68 850
48 895
51 755
Living cost
26 941
26 941
26 941
26 941
Free-cash
33 507
41 909
21 954
24 814

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17276
-₽50541
₽25544
₽43154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
19 492
social contributions
-
-
-
11 400
total
-
-
-
30 892
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
100 000
-
-
income
-
22 000
-
-
total
-
22 000
-
-
Dividends
-
78 000
-
-
income
-
17 160
-
-
total
-
17 160
-
-
Income
100 000
100 000
100 000
100 000
Total tax
106 977
39 160
13 282
30 892
After tax
-6 977
60 840
86 718
69 108
Living cost
43 564
43 564
43 564
43 564
Free-cash
-50 541
17 276
43 154
25 544

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25374
₽24361
₽24438
₽19403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
9 306
surtax
-
-
-
-
social contributions

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

-
-
-
34 750
total
-
-
-
44 056
Employee
46 196
-
80 807
-
social contributions
5 082
-
8 888
-
surtax
-
-
-
-
income
9 609
-
21 010
-
total
14 691
-
29 898
-
Employer
46 196
-
80 807
-
social contributions
10 972
-
19 193
-
total
10 972
-
19 193
-
Corporate
42 832
100 000
-
-
surtax
-
-
-
-
income
8 995
21 000
-
-
total
8 995
21 000
-
-
Dividends
33 837
79 000
-
-
withholding
9 475
22 120
-
-
total
9 475
22 120
-
-
Income
100 000
100 000
100 000
100 000
Total tax
44 133
43 120
49 091
44 056
After tax
55 867
56 880
50 909
55 944
Living cost
31 506
31 506
31 506
31 506
Free-cash
24 361
25 374
19 403
24 438

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1886
₽8793
₽9082
₽7970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
9 461
pensions
-
-
-
25 163
other
-
-
-
3 103
health
-
-
-
1 828
surtax
-
-
-
-
social contributions
-
-
-
2 850
total
-
-
-
42 405
Employee
62 910
-
76 202
-
social contributions
1 792
-
2 171
-
surtax
-
-
-
-
income
5 489
-
8 931
-
pensions
7 115
-
8 617
-
total
14 396
-
19 719
-
Employer
62 910
-
76 202
-
other
2 171
-
2 629
-
social contributions
189
-
229
-
unemployment
2 548
-
3 086
-
pensions
10 337
-
12 521
-
health
4 403
-
5 333
-
total
19 648
-
23 798
-
Corporate
17 442
100 000
-
-
surtax
-
-
-
-
income
4 883
28 001
-
-
total
4 883
28 001
-
-
Dividends
12 559
71 999
-
-
surtax
-
-
-
-
social contributions
2 160
12 384
-
-
withholding
1 607
9 216
-
-
total
3 767
21 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
42 694
49 601
43 517
42 405
After tax
57 306
50 399
56 483
57 595
Living cost
48 513
48 513
48 513
48 513
Free-cash
8 793
1 886
7 970
9 082

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59808
₽56432
₽46107
₽48761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
1 700
social contributions
-
-
-
22 000
total
-
-
-
23 700
Employee
32 292
-
86 579
-
income
-
-
1 996
-
social contributions
2 099
-
5 629
-
total
2 099
-
7 625
-
Employer
32 292
-
86 579
-
social contributions
5 005
-
13 421
-
total
5 005
-
13 421
-
Corporate
62 703
100 000
-
-
income
6 271
9 999
-
-
total
6 271
9 999
-
-
Dividends
56 432
90 001
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
13 375
9 999
21 046
23 700
After tax
86 625
90 001
78 954
76 300
Living cost
30 193
30 193
30 193
30 193
Free-cash
56 432
59 808
48 761
46 107

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽118845
-₽118845
₽13680
-₽118845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
18 546
pensions
-
-
-
871
national
-
-
-
10 599
labour market
-
-
-
7 930
total
-
-
-
37 946
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 000
100 000
100 000
100 000
Total tax
170 471
170 471
170 471
37 946
After tax
-70 471
-70 471
-70 471
62 054
Living cost
48 374
48 374
48 374
48 374
Free-cash
-118 845
-118 845
-118 845
13 680

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
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.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13619
₽4770
₽46918
₽29911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
253
income
-
-
-
24 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
31 363
Employee
34 165
-
85 440
-
health
3 912
-
9 783
-
income
4 687
-
16 383
-
pensions
3 847
-
7 645
-
total
12 446
-
33 811
-
Employer
34 165
-
85 440
-
accident
570
-
1 427
-
unemployment
837
-
2 093
-
pensions
5 555
-
11 039
-
total
6 962
-
14 559
-
Corporate
58 872
100 000
-
-
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.

52 985
90 000
-
-
total
52 985
90 000
-
-
Dividends
5 887
10 000
-
-
withholding
1 118
1 900
-
-
total
1 118
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
73 511
91 900
48 370
31 363
After tax
26 489
8 100
51 630
68 637
Living cost
21 719
21 719
21 719
21 719
Free-cash
4 770
-13 619
29 911
46 918

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27960
₽25730
₽32495
₽18521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
100 000
municipal
-
-
-
17 799
health
-
-
-
1 121
national
-
-
-
10 022
total
-
-
-
28 942
Employee
52 845
-
84 126
-
health
395
-
877
-
municipal
8 656
-
13 735
-
pensions
3 566
-
5 678
-
unemployment
793
-
1 262
-
national
873
-
5 490
-
total
14 283
-
27 042
-
Employer
52 845
-
84 126
-
accident
53
-
84
-
unemployment
343
-
547
-
pensions
9 168
-
14 595
-
health
406
-
648
-
total
9 970
-
15 874
-
Corporate
37 184
100 000
-
-
income
7 438
20 001
-
-
total
7 438
20 001
-
-
Dividends

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

22 310
59 999
-
-
national
-
2 676
-
-
municipal
4 016
10 800
-
-
total
4 016
13 476
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 707
33 477
42 916
28 942
After tax
64 293
66 523
57 084
71 058
Living cost
38 563
38 563
38 563
38 563
Free-cash
25 730
27 960
18 521
32 495

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49945
₽44480
₽47745
₽47644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
10 850
health
-
-
-
2 550
social contributions
-
-
-
15 600
total
-
-
-
29 000
Employee
77 236
77 236
90 786
-
social contributions
2 920
6 410
7 535
-
health
599
1 313
1 544
-
income
8 410
7 150
10 808
-
total
11 929
14 873
19 887
-
Employer
77 236
77 236
90 786
-
social contributions
2 920
6 410
7 535
-
health
650
1 430
1 679
-
total
3 570
7 840
9 214
-
Corporate
61 246
14 924
-
-
income
7 655
1 866
-
-
total
7 655
1 866
-
-
Dividends
53 591
13 058
-
-
withholding
9 111
2 221
-
-
total
9 111
2 221
-
-
Income
100 000
100 000
100 000
100 000
Total tax
32 265
26 800
29 101
29 000
After tax
67 735
73 200
70 899
71 000
Living cost
23 255
23 255
23 255
23 255
Free-cash
44 480
49 945
47 644
47 745

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66861
₽61755
₽64462
₽45731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
100 000
income
-
-
-
9 538
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
19 591
Employee

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

23 055
-
90 662
-
health
1 959
-
7 706
-
income
1 576
-
7 224
-
pensions
3 458
-
13 600
-
unemployment
114
-
454
-
total
7 107
-
28 984
-
Employer

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

23 055
-
90 662
-
unemployment
114
-
454
-
pensions
1 268
-
4 986
-
health
991
-
3 898
-
total
2 373
-
9 338
-
Corporate
74 572
100 000
-
-
income
6 711
9 001
-
-
total
6 711
9 001
-
-
Dividends
67 860
90 999
-
-
withholding
6 107
8 191
-
-
total
6 107
8 191
-
-
Income
100 000
100 000
100 000
100 000
Total tax
22 298
17 192
38 322
19 591
After tax
77 702
82 808
61 678
80 409
Living cost
15 947
15 947
15 947
15 947
Free-cash
61 755
66 861
45 731
64 462

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39758
₽34489
₽25976
₽25307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
839
income
-
-
-
18 473
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
46 403
Employee
37 140
-
75 825
-
other
36
-
76
-
income
7 160
-
18 080
-
pensions
1 746
-
3 564
-
unemployment
576
-
1 176
-
total
9 518
-
22 896
-
Employer
37 140
-
75 825
-
accident
736
-
1 502
-
other
297
-
608
-
unemployment
2 043
-
4 171
-
pensions
8 764
-
17 895
-
total
11 840
-
24 176
-
Corporate
51 019
100 000
-
-
income

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

7 653
14 999
-
-
total
7 653
14 999
-
-
Dividends
43 366
85 001
-
-
withholding
8 879
17 622
-
-
total
8 879
17 622
-
-
Income
100 000
100 000
100 000
100 000
Total tax
37 890
32 621
47 072
46 403
After tax
62 110
67 379
52 928
53 597
Living cost
27 621
27 621
27 621
27 621
Free-cash
34 489
39 758
25 307
25 976

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59650
₽59199
₽60635
₽60439
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
33 154
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
36 615
Employee
4 189
-
97 743
-
health
209
-
502
-
income
810
-
33 049
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
34 554
-
Employer
4 189
-
97 743
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
94 868
100 000
-
-
income
20 871
22 000
-
-
total
20 871
22 000
-
-
Dividends
73 997
78 000
-
-
withholding
14 799
15 600
-
-
total
14 799
15 600
-
-
Income
100 000
100 000
100 000
100 000
Total tax
38 051
37 600
36 811
36 615
After tax
61 949
62 400
63 189
63 385
Living cost
2 750
2 750
2 750
2 750
Free-cash
59 199
59 650
60 439
60 635

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54880
₽49939
₽35482
₽35480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
19 091
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
47 148
Employee

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

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

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

26 193
-
86 713
-
health
1 349
-
3 823
-
income
3 610
-
19 091
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
33 863
-
Employer

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

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

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

26 193
-
86 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
69 119
100 000
-
-
income
10 368
15 000
-
-
total
10 368
15 000
-
-
Dividends
58 751
85 000
-
-
withholding
8 813
12 750
-
-
total
8 813
12 750
-
-
Income
100 000
100 000
100 000
100 000
Total tax
32 691
27 750
47 150
47 148
After tax
67 309
72 250
52 850
52 852
Living cost
17 370
17 370
17 370
17 370
Free-cash
49 939
54 880
35 480
35 482

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29801
₽29440
₽28865
₽23830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
9 306
surtax
-
-
-
-
social contributions

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

-
-
-
34 750
total
-
-
-
44 056
Employee
38 984
-
80 807
-
social contributions
4 289
-
8 888
-
surtax
-
-
-
-
income
7 617
-
21 010
-
total
11 906
-
29 898
-
Employer
38 984
-
80 807
-
social contributions
9 258
-
19 193
-
total
9 258
-
19 193
-
Corporate
51 758
100 000
-
-
surtax
-
-
-
-
income
10 869
21 000
-
-
total
10 869
21 000
-
-
Dividends
40 889
79 000
-
-
withholding
11 448
22 120
-
-
total
11 448
22 120
-
-
Income
100 000
100 000
100 000
100 000
Total tax
43 481
43 120
49 091
44 056
After tax
56 519
56 880
50 909
55 944
Living cost
27 079
27 079
27 079
27 079
Free-cash
29 440
29 801
23 830
28 865

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32079
₽24416
₽18297
₽17628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
839
income
-
-
-
18 473
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
46 403
Employee
48 510
-
75 825
-
other
48
-
76
-
income
10 132
-
18 080
-
pensions
2 280
-
3 564
-
unemployment
751
-
1 176
-
total
13 211
-
22 896
-
Employer
48 510
-
75 825
-
accident
961
-
1 502
-
other
389
-
608
-
unemployment
2 669
-
4 171
-
pensions
11 448
-
17 895
-
total
15 467
-
24 176
-
Corporate
36 024
100 000
-
-
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.

5 404
14 999
-
-
total
5 404
14 999
-
-
Dividends
30 620
85 001
-
-
withholding
6 202
17 622
-
-
total
6 202
17 622
-
-
Income
100 000
100 000
100 000
100 000
Total tax
40 284
32 621
47 072
46 403
After tax
59 716
67 379
52 928
53 597
Living cost
35 300
35 300
35 300
35 300
Free-cash
24 416
32 079
17 628
18 297

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68224
₽62105
₽58358
₽61449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
15 000
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
24 366
Employee
22 876
-
93 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
9 312
-
pensions

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

2 008
-
3 080
-
total
5 599
-
14 392
-
Employer
22 876
-
93 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
72 635
100 000
-
-
income
7 264
10 000
-
-
total
7 264
10 000
-
-
Dividends
65 372
90 000
-
-
withholding
3 268
4 500
-
-
total
3 268
4 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
20 619
14 500
21 275
24 366
After tax
79 381
85 500
78 725
75 634
Living cost
17 276
17 276
17 276
17 276
Free-cash
62 105
68 224
61 449
58 358

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12812
₽25952
₽24820
₽32469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
trade
-
-
-
7 649
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.

-
-
-
20 748
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.

-
-
-
6 862
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.

-
-
-
1 142
total
-
-
-
36 401
Employee

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

49 977
-
100 000
-
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.

6 862
-
6 862
-
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.

227
-
1 142
-
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.

4 110
-
20 748
-
total
11 199
-
28 752
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 023
100 000
-
-
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.

414
825
-
-
income
7 504
14 999
-
-
trade
7 178
14 349
-
-
chamber of commerce
225
299
-
-
total
15 321
30 472
-
-
Dividends
34 702
69 527
-
-
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.

456
936
-
-
withholding
8 293
17 001
-
-
total
8 749
17 937
-
-
Income
100 000
100 000
100 000
100 000
Total tax
35 269
48 409
28 752
36 401
After tax
64 731
51 591
71 248
63 599
Living cost
38 779
38 779
38 779
38 779
Free-cash
25 952
12 812
32 469
24 820

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12783
₽15001
₽10501
₽10501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
23 397
social contributions
-
-
-
8 885
total
-
-
-
32 282
Employee
78 569
-
100 000
-
income
14 826
-
23 397
-
social contributions
6 527
-
8 885
-
total
21 353
-
32 282
-
Employer
78 569
-
100 000
-
total
-
-
-
-
Corporate
21 431
100 000
-
-
income
2 678
12 500
-
-
total
2 678
12 500
-
-
Dividends
18 753
87 500
-
-
withholding
3 751
17 500
-
-
total
3 751
17 500
-
-
Income
100 000
100 000
100 000
100 000
Total tax
27 782
30 000
32 282
32 282
After tax
72 218
70 000
67 718
67 718
Living cost
57 217
57 217
57 217
57 217
Free-cash
15 001
12 783
10 501
10 501

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
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.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23232
₽27240
₽28217
₽36974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
95 380
-
income
5 000
-
17 325
-
social contributions
4 617
-
4 620
-
total
9 617
-
21 945
-
Employer
46 078
-
95 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
49 306
100 000
-
-
income
17 258
35 000
-
-
total
17 258
35 000
-
-
Dividends
32 048
65 000
-
-
social contributions
4 807
5 307
-
-
total
4 807
5 307
-
-
Income
100 000
100 000
100 000
100 000
Total tax
36 299
40 307
26 565
35 322
After tax
63 701
59 693
73 435
64 678
Living cost
36 461
36 461
36 461
36 461
Free-cash
27 240
23 232
36 974
28 217

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36465
₽31997
₽34908
₽25378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
income
-
-
-
20 499
pensions
-
-
-
7 325
total
-
-
-
27 824
Employee
51 155
-
88 066
-
health
667
-
1 423
-
income
9 316
-
15 662
-
pensions
3 904
-
8 335
-
total
13 887
-
25 420
-
Employer
51 155
-
88 066
-
pensions
5 168
-
10 261
-
health
972
-
1 673
-
total
6 140
-
11 934
-
Corporate
42 704
100 000
-
-
income

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

8 114
19 001
-
-
total
8 114
19 001
-
-
Dividends
34 591
80 999
-
-
withholding
2 594
7 266
-
-
total
2 594
7 266
-
-
Income
100 000
100 000
100 000
100 000
Total tax
30 735
26 267
37 354
27 824
After tax
69 265
73 733
62 646
72 176
Living cost
37 268
37 268
37 268
37 268
Free-cash
31 997
36 465
25 378
34 908

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15769
₽4439
₽44768
₽27761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
accident
-
-
-
253
income
-
-
-
24 385
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
31 363
Employee
37 547
-
85 440
-
health
4 299
-
9 783
-
income
5 151
-
16 383
-
pensions
4 228
-
7 645
-
total
13 678
-
33 811
-
Employer
37 547
-
85 440
-
accident
627
-
1 427
-
unemployment
920
-
2 093
-
pensions
6 105
-
11 039
-
total
7 652
-
14 559
-
Corporate
54 802
100 000
-
-
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.

49 321
90 000
-
-
total
49 321
90 000
-
-
Dividends
5 480
10 000
-
-
withholding
1 041
1 900
-
-
total
1 041
1 900
-
-
Income
100 000
100 000
100 000
100 000
Total tax
71 692
91 900
48 370
31 363
After tax
28 308
8 100
51 630
68 637
Living cost
23 869
23 869
23 869
23 869
Free-cash
4 439
-15 769
27 761
44 768

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽70584
₽66550
₽43610
₽49024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 000
work injury
-
-
-
500
health insurance
-
-
-
7 400
income
-
-
-
15 324
pensions
-
-
-
18 400
unemployment
-
-
-
1 200
total
-
-
-
42 824
Employee

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

21 706
-
100 000
-
work injury
109
-
402
-
income
2 171
-
15 324
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
37 410
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 294
100 000
-
-
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%.

-
1 000
-
-
total
-
1 000
-
-
Dividends
78 294
99 000
-
-
withholding
11 744
14 850
-
-
total
11 744
14 850
-
-
Income
100 000
100 000
100 000
100 000
Total tax
19 884
15 850
37 410
42 824
After tax
80 116
84 150
62 590
57 176
Living cost
13 566
13 566
13 566
13 566
Free-cash
66 550
70 584
49 024
43 610

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12659
₽8092
₽10392
₽5819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 000
municipal
-
-
-
669
regional
-
-
-
1 993
national
-
-
-
21 213
social contributions
-
-
-
25 719
total
-
-
-
49 594
Employee
84 640
-
100 000
-
social contributions
28 540
-
33 721
-
regional
1 278
-
1 678
-
municipal
505
-
597
-
national
14 303
-
18 171
-
total
44 626
-
54 167
-
Employer
84 640
-
100 000
-
total
-
-
-
-
Corporate
15 360
100 000
-
-
nationa
3 686
24 000
-
-
municipal
740
4 821
-
-
total
4 426
28 821
-
-
Dividends
10 934
71 180
-
-
withholding
2 842
18 506
-
-
total
2 842
18 506
-
-
Income
100 000
100 000
100 000
100 000
Total tax
51 894
47 327
54 167
49 594
After tax
48 106
52 673
45 833
50 406
Living cost
40 014
40 014
40 014
40 014
Free-cash
8 092
12 659
5 819
10 392

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
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.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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