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
₽ 102000
per

Your estimated
City
free-cash

Dresden , Germany
₽21104
₽41977
₽33278
₽32228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income

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

-
-
-
21 506
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.

-
-
-
1 183
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.

-
-
-
6 871
trade
-
-
-
8 699
total
-
-
-
38 259
Employee

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

38 468
-
102 000
-
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.

59
-
1 183
-
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.

1 075
-
21 506
-
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.

6 871
-
6 871
-
total
8 005
-
29 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 532
102 000
-
-
income
9 530
15 299
-
-
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.

525
842
-
-
chamber of commerce
244
300
-
-
trade
10 007
16 065
-
-
total
20 306
32 506
-
-
Dividends
43 227
69 495
-
-
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.

573
935
-
-
withholding
10 425
16 992
-
-
total
10 998
17 927
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 309
50 433
29 560
38 259
After tax
62 691
51 567
72 440
63 741
Living cost
30 463
30 463
30 463
30 463
Free-cash
32 228
21 104
41 977
33 278

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10237
₽9073
₽8273
₽9348
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
1 096
municipal
-
-
-
10 582
national
-
-
-
16 398
pensions
-
-
-
12 240
total
-
-
-
40 316
Employee
82 797
-
88 178
-
municipal
10 227
-
10 977
-
pensions
3 312
-
3 527
-
national
15 847
-
17 010
-
total
29 386
-
31 514
-
Employer
82 797
-
88 178
-
pensions
6 624
-
7 054
-
social contributions
890
-
948
-
total
7 514
-
8 002
-
Corporate
6 225
102 000
-
-
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%.

1 245
20 400
-
-
total
1 245
20 400
-
-
Dividends
4 980
81 600
-
-
withholding
1 096
17 952
-
-
total
1 096
17 952
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 241
38 352
39 516
40 316
After tax
62 759
63 648
62 484
61 684
Living cost
53 411
53 411
53 411
53 411
Free-cash
9 348
10 237
9 073
8 273

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60677
₽36552
₽33511
₽52427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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.

-
-
-
102 000
income
-
-
-
14 772
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.

-
-
-
32 793
microenterprise
-
-
-
-
total
-
-
-
47 565
Employee
29 388
-
82 198
-
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.

3 233
-
9 041
-
income
5 231
-
15 681
-
total
8 464
-
24 722
-
Employer
29 388
-
82 198
-
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.

7 079
-
19 802
-
surtax
-
-
-
-
total
7 079
-
19 802
-
Corporate
65 533
102 000
-
-
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%.

13 106
20 399
-
-
total
13 106
20 399
-
-
Dividends

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

52 426
81 601
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 649
20 399
44 524
47 565
After tax
73 351
81 601
57 476
54 435
Living cost
20 924
20 924
20 924
20 924
Free-cash
52 427
60 677
36 552
33 511

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
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.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7246
₽7563
₽15757
₽1084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 196
health
-
-
-
12 131
pensions
-
-
-
11 784
total
-
-
-
44 111
Employee
85 887
85 887
86 802
-
pensions
15 460
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
11 265
-
total
42 701
37 055
37 107
-
Employer
85 887
85 887
86 802
-
health
5 970
5 970
6 033
-
pensions
5 978
5 978
6 041
-
unemployment
3 092
3 092
3 124
-
total
15 040
15 040
15 198
-
Corporate
2 127
1 073
-
-
income
426
214
-
-
total
426
214
-
-
Dividends
1 701
860
-
-
income
361
183
-
-
withholding
256
130
-
-
total
617
313
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 784
52 622
52 305
44 111
After tax
43 216
49 378
49 695
57 889
Living cost
42 132
42 132
42 132
42 132
Free-cash
1 084
7 246
7 563
15 757

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14486
₽13264
₽12017
₽13561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
22 615
national
-
-
-
-
pensions
-
-
-
9 762
total
-
-
-
48 777
Employee
58 715
-
77 614
-
municipal
17 509
-
23 144
-
national
-
-
-
-
total
17 509
-
23 144
-
Employer
58 715
-
77 614
-
health
3 611
-
4 773
-
pensions
6 347
-
8 390
-
accident
117
-
155
-
unemployment
1 550
-
2 049
-
other
6 823
-
9 019
-
total
18 448
-
24 386
-
Corporate
24 837
102 000
-
-
income
5 464
22 440
-
-
total
5 464
22 440
-
-
Dividends
19 373
79 560
-
-
withholding
5 812
23 868
-
-
total
5 812
23 868
-
-
Income
102 000
102 000
102 000
102 000
Total tax
47 233
46 308
47 530
48 777
After tax
54 767
55 692
54 470
53 223
Living cost
41 206
41 206
41 206
41 206
Free-cash
13 561
14 486
13 264
12 017

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11536
₽32930
₽23843
₽25668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income

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

-
-
-
21 506
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.

-
-
-
1 183
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.

-
-
-
6 871
trade
-
-
-
9 087
total
-
-
-
38 647
Employee

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

51 004
-
102 000
-
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.

240
-
1 183
-
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.

4 382
-
21 506
-
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.

6 871
-
6 871
-
total
11 493
-
29 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 996
102 000
-
-
income
7 650
15 299
-
-
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.

420
842
-
-
chamber of commerce
225
298
-
-
trade
8 388
16 778
-
-
total
16 683
33 217
-
-
Dividends
34 313
68 783
-
-
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.

450
924
-
-
withholding
8 196
16 813
-
-
total
8 646
17 737
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 822
50 954
29 560
38 647
After tax
65 178
51 046
72 440
63 353
Living cost
39 510
39 510
39 510
39 510
Free-cash
25 668
11 536
32 930
23 843

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42035
₽39438
₽39542
₽37864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
11 324
social contributions
-
-
-
15 912
health
-
-
-
2 601
total
-
-
-
29 837
Employee
77 337
77 337
92 600
-
social contributions
3 758
6 419
7 686
-
income
8 121
7 159
11 280
-
health
769
1 315
1 575
-
total
12 648
14 893
20 541
-
Employer
77 337
77 337
92 600
-
health
838
1 431
1 714
-
social contributions
3 758
6 419
7 686
-
total
4 596
7 850
9 400
-
Corporate
52 134
16 813
-
-
income
6 516
2 101
-
-
total
6 516
2 101
-
-
Dividends
45 618
14 711
-
-
withholding
7 755
2 500
-
-
total
7 755
2 500
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 515
27 344
29 941
29 837
After tax
70 485
74 656
72 059
72 163
Living cost
32 621
32 621
32 621
32 621
Free-cash
37 864
42 035
39 438
39 542

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39005
₽40675
₽52205
₽39388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
12 470
unemployment
-
-
-
1 530
health
-
-
-
7 140
pensions
-
-
-
10 200
total
-
-
-
31 340
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.

26 641
10 603
85 356
-
unemployment
400
159
1 280
-
pensions
2 664
1 060
8 536
-
income
3 257
1 296
10 435
-
health
1 865
742
5 975
-
total
8 186
3 257
26 226
-
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.

26 641
10 603
85 356
-
pensions
5 195
2 068
16 644
-
total
5 195
2 068
16 644
-
Corporate
70 164
89 330
-
-
income
6 315
8 040
-
-
total
6 315
8 040
-
-
Dividends
63 850
81 290
-
-
social contributions
12 330
15 730
-
-
withholding
12 131
15 445
-
-
total
24 461
31 175
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 157
44 540
42 870
31 340
After tax
57 843
57 460
59 130
70 660
Living cost
18 455
18 455
18 455
18 455
Free-cash
39 388
39 005
40 675
52 205

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57308
₽34501
₽30379
₽51059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
13 667
health
-
-
-
13 261
pensions
-
-
-
20 401
total
-
-
-
47 329
Employee
28 531
-
76 230
-
unemployment
456
-
1 220
-
pensions
571
-
1 525
-
income
3 212
-
14 696
-
total
4 239
-
17 441
-
Employer
28 531
-
76 230
-
health
3 708
-
9 909
-
pensions
5 707
-
15 246
-
unemployment
229
-
611
-
total
9 644
-
25 766
-
Corporate
63 824
102 000
-
-
income
12 765
20 399
-
-
total
12 765
20 399
-
-
Dividends
51 060
81 601
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
26 648
20 399
43 207
47 329
After tax
75 352
81 601
58 793
54 671
Living cost
24 292
24 292
24 292
24 292
Free-cash
51 059
57 308
34 501
30 379

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14138
₽30287
₽47607
₽4826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
257
income
-
-
-
24 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 993
Employee
35 237
-
87 190
-
pensions
3 968
-
7 768
-
income
4 834
-
16 752
-
health
4 035
-
9 983
-
total
12 837
-
34 503
-
Employer
35 237
-
87 190
-
pensions
5 730
-
11 218
-
accident
588
-
1 456
-
unemployment
863
-
2 136
-
total
7 181
-
14 810
-
Corporate
59 582
102 000
-
-
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.

53 624
91 800
-
-
total
53 624
91 800
-
-
Dividends
5 958
10 200
-
-
withholding
1 132
1 938
-
-
total
1 132
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
74 774
93 738
49 313
31 993
After tax
27 226
8 262
52 687
70 007
Living cost
22 400
22 400
22 400
22 400
Free-cash
4 826
-14 138
30 287
47 607

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88760
₽73460
₽92840
₽87234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
102 000
microenterprise

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

-
-
-
1 020
total
-
-
-
1 020
Employee
10 174
-
102 000
-
income
2 035
-
20 400
-
total
2 035
-
20 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

91 826
102 000
-
-
total
-
-
-
-
Dividends
91 826
102 000
-
-
withholding
4 591
5 100
-
-
total
4 591
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
6 626
5 100
20 400
1 020
After tax
95 374
96 900
81 600
100 980
Living cost
8 140
8 140
8 140
8 140
Free-cash
87 234
88 760
73 460
92 840

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48141
₽32813
₽28430
₽41345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
12 956
other
-
-
-
4 846
health
-
-
-
4 487
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.

-
-
-
24 482
total
-
-
-
46 771
Employee
36 518
-
81 467
-
unemployment
365
-
815
-
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.

2 556
-
5 703
-
income
6 287
-
14 196
-
health
512
-
1 141
-
total
9 720
-
21 855
-
Employer
36 518
-
81 467
-
health
512
-
1 141
-
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.

6 209
-
13 851
-
accident
292
-
651
-
unemployment
365
-
815
-
other
1 827
-
4 075
-
total
9 205
-
20 533
-
Corporate
56 279
102 000
-
-
income
11 818
21 420
-
-
total
11 818
21 420
-
-
Dividends
44 461
80 580
-
-
withholding
3 113
5 640
-
-
total
3 113
5 640
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 856
27 060
42 388
46 771
After tax
68 144
74 940
59 612
55 229
Living cost
26 799
26 799
26 799
26 799
Free-cash
41 345
48 141
32 813
28 430

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
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.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽7899
-₽3035
₽6348
-₽5562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
21 283
pensions
-
-
-
7 510
total
-
-
-
28 793
Employee
94 595
-
89 787
-
pensions
9 126
-
8 549
-
income
17 052
-
15 955
-
health
1 559
-
1 460
-
total
27 737
-
25 964
-
Employer
94 595
-
89 787
-
health
1 797
-
1 706
-
pensions
11 169
-
10 506
-
total
12 966
-
12 212
-
Corporate
-
102 000
-
-
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.

-
19 379
-
-
total
-
19 379
-
-
Dividends
-
82 621
-
-
withholding
-
7 863
-
-
total
-
7 863
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 703
27 242
38 176
28 793
After tax
61 297
74 758
63 824
73 207
Living cost
66 859
66 859
66 859
66 859
Free-cash
-5 562
7 899
-3 035
6 348

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74005
₽67289
₽64102
₽69325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
24 693
Employee
17 485
-
95 098
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
9 510
-
health
804
-
1 618
-
total
4 280
-
14 604
-
Employer
17 485
-
95 098
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
81 084
102 000
-
-
income
8 109
10 200
-
-
total
8 109
10 200
-
-
Dividends
72 976
91 800
-
-
withholding
3 649
4 590
-
-
total
3 649
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 470
14 790
21 506
24 693
After tax
82 530
87 210
80 494
77 307
Living cost
13 205
13 205
13 205
13 205
Free-cash
69 325
74 005
67 289
64 102

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6392
-₽6075
₽2119
-₽7571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 196
health
-
-
-
12 131
pensions
-
-
-
11 784
total
-
-
-
44 111
Employee
93 245
85 887
86 802
-
pensions
11 784
11 784
11 784
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
11 265
-
total
37 475
37 055
37 107
-
Employer
93 245
85 887
86 802
-
health
6 480
5 970
6 033
-
pensions
6 489
5 978
6 041
-
unemployment
3 357
3 092
3 124
-
total
16 326
15 040
15 198
-
Corporate
-
1 073
-
-
income
-
214
-
-
total
-
214
-
-
Dividends
-
860
-
-
income
-
183
-
-
withholding
-
130
-
-
total
-
313
-
-
Income
102 000
102 000
102 000
102 000
Total tax
53 801
52 622
52 305
44 111
After tax
48 199
49 378
49 695
57 889
Living cost
55 770
55 770
55 770
55 770
Free-cash
-7 571
-6 392
-6 075
2 119

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
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.
₽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 Amsterdam model

Close
Brno , Czech Republic
₽45234
₽26768
₽24686
₽36317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
health
-
-
-
13 770
total
-
-
-
52 321
Employee
36 754
-
76 119
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 948
-
income
4 411
-
9 134
-
health
4 962
-
10 276
-
total
11 762
-
24 358
-
Employer
36 754
-
76 119
-
health
3 308
-
6 851
-
social contributions
9 189
-
19 030
-
total
12 497
-
25 881
-
Corporate
52 749
102 000
-
-
income
10 022
19 380
-
-
total
10 022
19 380
-
-
Dividends
42 727
82 620
-
-
withholding
6 409
12 393
-
-
total
6 409
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 690
31 773
50 239
52 321
After tax
61 310
70 227
51 761
49 679
Living cost
24 993
24 993
24 993
24 993
Free-cash
36 317
45 234
26 768
24 686

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11983
₽4972
₽9824
₽6732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
1 128
municipal
-
-
-
607
national
-
-
-
21 768
total
-
-
-
49 737
Employee
89 385
-
102 000
-
municipal
473
-
540
-
national
15 488
-
18 666
-
regional
843
-
988
-
social contributions
30 141
-
34 395
-
total
46 945
-
54 589
-
Employer
89 385
-
102 000
-
total
-
-
-
-
Corporate
12 615
102 000
-
-
municipal
492
3 978
-
-
nationa
3 027
24 480
-
-
total
3 519
28 458
-
-
Dividends
9 096
73 543
-
-
withholding
2 365
19 120
-
-
total
2 365
19 120
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 829
47 578
54 589
49 737
After tax
49 171
54 422
47 411
52 263
Living cost
42 439
42 439
42 439
42 439
Free-cash
6 732
11 983
4 972
9 824

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41965
₽28161
₽30138
₽38832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 412
other
-
-
-
-
surtax
-
-
-
2 388
unemployment
-
-
-
229
health
-
-
-
7 241
pensions
-
-
-
20 399
total
-
-
-
49 669
Employee
33 259
-
84 263
-
other
-
-
-
-
unemployment
2 315
-
5 865
-
pensions
2 218
-
5 621
-
surtax
109
-
2 159
-
income
5 575
-
18 116
-
health
849
-
2 149
-
total
11 066
-
33 910
-
Employer
33 259
-
84 263
-
health
1 514
-
3 832
-
pensions
4 434
-
11 232
-
unemployment
1 054
-
2 672
-
other
-
-
-
-
total
7 002
-
17 736
-
Corporate
61 740
102 000
-
-
income
16 053
26 520
-
-
total
16 053
26 520
-
-
Dividends
45 687
75 480
-
-
withholding
6 854
11 322
-
-
total
6 854
11 322
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 975
37 842
51 646
49 669
After tax
61 025
64 158
50 354
52 331
Living cost
22 193
22 193
22 193
22 193
Free-cash
38 832
41 965
28 161
30 138

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
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.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29082
₽18148
₽27531
₽22881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
21 283
pensions
-
-
-
7 510
total
-
-
-
28 793
Employee
63 395
-
89 787
-
pensions
5 381
-
8 549
-
income
11 418
-
15 955
-
health
920
-
1 460
-
total
17 719
-
25 964
-
Employer
63 395
-
89 787
-
health
1 204
-
1 706
-
pensions
6 863
-
10 506
-
total
8 067
-
12 212
-
Corporate
30 538
102 000
-
-
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.

5 801
19 379
-
-
total
5 801
19 379
-
-
Dividends
24 736
82 621
-
-
withholding
1 856
7 863
-
-
total
1 856
7 863
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 443
27 242
38 176
28 793
After tax
68 557
74 758
63 824
73 207
Living cost
45 676
45 676
45 676
45 676
Free-cash
22 881
29 082
18 148
27 531

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽33102
₽331
₽5476
-₽213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
2 040
regional
-
-
-
3 429
health
-
-
-
260
city
-
-
-
1 075
national
-
-
-
592
pensions
-
-
-
9 383
total
-
-
-
16 779
Employee
93 322
-
91 296
-
unemployment
-
-
-
-
pensions
7 840
-
7 668
-
national
442
-
425
-
regional
3 056
-
2 945
-
city
1 002
-
981
-
health
211
-
205
-
total
12 551
-
12 224
-
Employer
93 322
-
91 296
-
health
211
-
205
-
pensions
7 840
-
7 668
-
unemployment
-
-
-
-
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.

1 866
-
1 827
-
total
9 917
-
9 700
-
Corporate
-
102 000
-
-
regional
-
21 573
-
-
national
-
8 670
-
-
total
-
30 243
-
-
Dividends
-
71 757
-
-
withholding
-
25 114
-
-
total
-
25 114
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 468
55 357
21 924
16 779
After tax
79 532
46 643
80 076
85 221
Living cost
79 745
79 745
79 745
79 745
Free-cash
-213
-33 102
331
5 476

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4448
₽26366
₽16892
₽20754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income

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

-
-
-
21 506
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.

-
-
-
1 183
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.

-
-
-
6 871
trade
-
-
-
9 474
total
-
-
-
39 034
Employee

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

60 444
-
102 000
-
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.

391
-
1 183
-
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.

7 108
-
21 506
-
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.

6 871
-
6 871
-
total
14 370
-
29 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 556
102 000
-
-
income
6 233
15 299
-
-
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.

344
842
-
-
chamber of commerce
212
296
-
-
trade
7 127
17 492
-
-
total
13 916
33 929
-
-
Dividends
27 641
68 071
-
-
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.

359
914
-
-
withholding
6 527
16 635
-
-
total
6 886
17 549
-
-
Income
102 000
102 000
102 000
102 000
Total tax
35 172
51 478
29 560
39 034
After tax
66 828
50 522
72 440
62 966
Living cost
46 074
46 074
46 074
46 074
Free-cash
20 754
4 448
26 366
16 892

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16999
₽29800
₽24284
₽22936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 915
other
-
-
-
3 166
surtax
-
-
-
-
social contributions
-
-
-
2 907
health
-
-
-
1 966
pensions
-
-
-
25 352
total
-
-
-
43 306
Employee
43 044
-
82 765
-
pensions
4 867
-
3 958
-
surtax
-
-
-
-
social contributions
1 227
-
2 359
-
income
2 540
-
12 237
-
total
8 634
-
18 554
-
Employer
43 044
-
82 765
-
health
3 014
-
5 794
-
pensions
7 071
-
6 988
-
unemployment
1 743
-
3 351
-
social contributions
130
-
248
-
other
1 485
-
2 855
-
total
13 443
-
19 236
-
Corporate
45 513
102 000
-
-
income
12 744
28 560
-
-
surtax
-
-
-
-
total
12 744
28 560
-
-
Dividends
32 770
73 440
-
-
surtax
-
-
-
-
social contributions
5 638
12 631
-
-
withholding
4 195
9 400
-
-
total
9 833
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 654
50 591
37 790
43 306
After tax
57 346
51 409
64 210
58 694
Living cost
34 410
34 410
34 410
34 410
Free-cash
22 936
16 999
29 800
24 284

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20408
₽33209
₽27693
₽25996
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 915
other
-
-
-
3 166
surtax
-
-
-
-
social contributions
-
-
-
2 907
health
-
-
-
1 966
pensions
-
-
-
25 352
total
-
-
-
43 306
Employee
38 423
-
82 765
-
pensions
4 346
-
3 958
-
surtax
-
-
-
-
social contributions
1 096
-
2 359
-
income
1 981
-
12 237
-
total
7 423
-
18 554
-
Employer
38 423
-
82 765
-
health
2 689
-
5 794
-
pensions
6 314
-
6 988
-
unemployment
1 556
-
3 351
-
social contributions
115
-
248
-
other
1 326
-
2 855
-
total
12 000
-
19 236
-
Corporate
51 577
102 000
-
-
income
14 442
28 560
-
-
surtax
-
-
-
-
total
14 442
28 560
-
-
Dividends
37 135
73 440
-
-
surtax
-
-
-
-
social contributions
6 386
12 631
-
-
withholding
4 752
9 400
-
-
total
11 138
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 003
50 591
37 790
43 306
After tax
56 997
51 409
64 210
58 694
Living cost
31 001
31 001
31 001
31 001
Free-cash
25 996
20 408
33 209
27 693

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40901
₽44282
₽44179
₽41424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 299
social contributions
-
-
-
14 076
health
-
-
-
7 119
total
-
-
-
36 494
Employee
34 101
-
102 000
-
social contributions
4 707
-
14 076
-
income
5 688
-
15 196
-
health
2 380
-
7 119
-
total
12 775
-
36 391
-
Employer
34 101
-
102 000
-
total
-
-
-
-
Corporate
67 899
102 000
-
-
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%.

3 395
5 100
-
-
total
3 395
5 100
-
-
Dividends
64 504
96 900
-
-
social contributions
8 902
13 372
-
-
withholding
9 675
14 536
-
-
health
4 502
6 764
-
-
total
23 079
34 672
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 249
39 772
36 391
36 494
After tax
62 751
62 228
65 609
65 506
Living cost
21 327
21 327
21 327
21 327
Free-cash
41 424
40 901
44 282
44 179

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21718
-₽4675
₽16091
₽20159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
17 023
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
408
health
-
-
-
7 802
pensions
-
-
-
18 870
total
-
-
-
50 470
Employee
50 263
40 080
79 049
-
other
502
401
790
-
unemployment
1 508
1 202
2 372
-
pensions
5 147
4 103
8 094
-
income
5 722
2 956
15 164
-
health
1 945
1 552
3 059
-
total
14 824
10 214
29 479
-
Employer
50 263
40 080
79 049
-
chamber of commerce
200
160
317
-
health
1 899
1 515
2 989
-
pensions
6 308
5 031
9 921
-
accident
653
521
1 027
-
unemployment
1 508
1 202
2 372
-
surtax
198
198
198
-
payroll
1 508
1 202
2 372
-
other
2 388
1 903
3 754
-
total
14 662
11 732
22 950
-
Corporate
37 075
50 185
75 232
-
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.

9 268
12 547
18 807
-
total
9 268
12 547
18 807
-
Dividends
27 807
37 638
-
-
withholding
7 648
10 350
-
-
total
7 648
10 350
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 402
44 843
71 236
50 470
After tax
55 598
57 157
30 764
51 530
Living cost
35 439
35 439
35 439
35 439
Free-cash
20 159
21 718
-4 675
16 091

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20531
₽3007
₽11062
₽5446
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
communal

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

-
-
-
5 161
social contributions
-
-
-
15 988
national
-
-
-
33 118
total
-
-
-
54 267
Employee

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

71 942
-
79 003
-
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.

626
-
687
-
communal

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

3 752
-
4 121
-
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.

5 396
-
5 926
-
national
22 118
-
24 879
-
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.

3 380
-
3 712
-
total
35 272
-
39 325
-
Employer

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

71 942
-
79 003
-
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.

4 424
-
4 859
-
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.

6 375
-
6 999
-
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.

935
-
1 027
-
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.

1 050
-
1 153
-
surtax
8 157
-
8 959
-
total
20 941
-
22 997
-
Corporate
9 117
102 000
-
-
income
1 823
20 399
-
-
surtax
36
408
-
-
total
1 859
20 807
-
-
Dividends
7 258
81 192
-
-
withholding

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

1 811
23 991
-
-
total
1 811
23 991
-
-
Income
102 000
102 000
102 000
102 000
Total tax
59 883
44 798
62 322
54 267
After tax
42 117
57 202
39 678
47 733
Living cost
36 671
36 671
36 671
36 671
Free-cash
5 446
20 531
3 007
11 062

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
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.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32400
₽17514
₽18522
₽24386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
840
income
-
-
-
19 188
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
47 156
Employee
50 064
-
77 343
-
other
50
-
78
-
unemployment
777
-
1 199
-
pensions
2 353
-
3 636
-
income
10 563
-
18 594
-
total
13 743
-
23 507
-
Employer
50 064
-
77 343
-
pensions
11 814
-
18 254
-
accident
991
-
1 531
-
unemployment
2 754
-
4 254
-
other
399
-
618
-
total
15 958
-
24 657
-
Corporate
35 979
102 000
-
-
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.

5 398
15 299
-
-
total
5 398
15 299
-
-
Dividends
30 581
86 701
-
-
withholding
6 193
17 979
-
-
total
6 193
17 979
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 292
33 278
48 164
47 156
After tax
60 708
68 722
53 836
54 844
Living cost
36 322
36 322
36 322
36 322
Free-cash
24 386
32 400
17 514
18 522

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7734
₽8085
₽3549
₽812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
communal
-
-
-
6 447
accident
-
-
-
861
income
-
-
-
8 976
surtax
-
-
-
5 056
health
-
-
-
7 167
pensions
-
-
-
15 288
total
-
-
-
43 795
Employee
76 164
-
91 111
-
pensions
6 092
-
7 289
-
surtax
4 668
-
5 585
-
income
7 357
-
11 442
-
health
3 390
-
4 054
-
total
21 507
-
28 370
-
Employer
76 164
-
91 111
-
health
2 323
-
2 779
-
pensions
6 092
-
7 289
-
accident
685
-
821
-
total
9 100
-
10 889
-
Corporate
16 735
102 000
-
-
communal
-
6 884
-
-
income
2 510
15 299
-
-
surtax
176
1 071
-
-
total
2 686
23 254
-
-
Dividends
14 050
78 746
-
-
income
11 132
4 544
-
-
withholding
2 107
11 812
-
-
total
13 239
16 356
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 532
39 610
39 259
43 795
After tax
55 468
62 390
62 741
58 205
Living cost
54 656
54 656
54 656
54 656
Free-cash
812
7 734
8 085
3 549

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
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.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41568
₽27764
₽29741
₽38367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 412
other
-
-
-
-
surtax
-
-
-
2 388
unemployment
-
-
-
229
health
-
-
-
7 241
pensions
-
-
-
20 399
total
-
-
-
49 669
Employee
33 870
-
84 263
-
other
-
-
-
-
unemployment
2 357
-
5 865
-
pensions
2 260
-
5 621
-
surtax
120
-
2 159
-
income
5 678
-
18 116
-
health
865
-
2 149
-
total
11 280
-
33 910
-
Employer
33 870
-
84 263
-
health
1 540
-
3 832
-
pensions
4 516
-
11 232
-
unemployment
1 075
-
2 672
-
other
-
-
-
-
total
7 131
-
17 736
-
Corporate
60 999
102 000
-
-
income
15 860
26 520
-
-
total
15 860
26 520
-
-
Dividends
45 139
75 480
-
-
withholding
6 772
11 322
-
-
total
6 772
11 322
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 043
37 842
51 646
49 669
After tax
60 957
64 158
50 354
52 331
Living cost
22 590
22 590
22 590
22 590
Free-cash
38 367
41 568
27 764
29 741

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26520
₽19933
₽24761
₽24288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
1 537
municipal
-
-
-
607
national
-
-
-
21 768
total
-
-
-
50 146
Employee
55 790
-
102 000
-
municipal
296
-
540
-
national
8 839
-
18 666
-
regional
751
-
1 373
-
social contributions
18 813
-
34 395
-
total
28 699
-
54 974
-
Employer
55 790
-
102 000
-
total
-
-
-
-
Corporate
46 210
102 000
-
-
municipal
2 296
5 069
-
-
nationa
11 091
24 480
-
-
total
13 387
29 549
-
-
Dividends
32 823
72 451
-
-
withholding
8 533
18 838
-
-
total
8 533
18 838
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 619
48 387
54 974
50 146
After tax
51 381
53 613
47 026
51 854
Living cost
27 093
27 093
27 093
27 093
Free-cash
24 288
26 520
19 933
24 761

Estimated living cost  is ₽27093 per week

₽16849
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.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39429
₽20963
₽18881
₽28442
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
health
-
-
-
13 770
total
-
-
-
52 321
Employee
45 291
-
76 119
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 948
-
income
5 435
-
9 134
-
health
6 114
-
10 276
-
total
14 493
-
24 358
-
Employer
45 291
-
76 119
-
health
4 076
-
6 851
-
social contributions
11 323
-
19 030
-
total
15 399
-
25 881
-
Corporate
41 310
102 000
-
-
income
7 849
19 380
-
-
total
7 849
19 380
-
-
Dividends
33 461
82 620
-
-
withholding
5 019
12 393
-
-
total
5 019
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
42 760
31 773
50 239
52 321
After tax
59 240
70 227
51 761
49 679
Living cost
30 798
30 798
30 798
30 798
Free-cash
28 442
39 429
20 963
18 881

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25176
-₽1291
₽19641
₽24676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
17 023
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
408
health
-
-
-
7 802
pensions
-
-
-
18 870
total
-
-
-
50 272
Employee
43 964
40 080
79 206
-
other
439
401
792
-
unemployment
1 319
1 202
2 376
-
pensions
4 502
4 103
8 112
-
income
3 916
2 956
15 217
-
health
1 701
1 552
3 065
-
total
11 877
10 214
29 562
-
Employer
43 964
40 080
79 206
-
chamber of commerce
176
160
317
-
health
1 662
1 515
2 995
-
pensions
5 518
5 031
9 940
-
accident
571
521
1 029
-
unemployment
1 319
1 202
2 376
-
surtax
-
-
-
-
payroll
1 319
1 202
2 376
-
other
2 088
1 903
3 762
-
total
12 653
11 534
22 795
-
Corporate
45 384
50 384
75 388
-
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.

11 347
12 597
18 847
-
total
11 347
12 597
18 847
-
Dividends
34 037
37 787
-
-
withholding
9 360
10 392
-
-
total
9 360
10 392
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 237
44 737
71 204
50 272
After tax
56 763
57 263
30 796
51 728
Living cost
32 087
32 087
32 087
32 087
Free-cash
24 676
25 176
-1 291
19 641

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84216
₽68916
₽88296
₽81838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
102 000
microenterprise

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

-
-
-
1 020
total
-
-
-
1 020
Employee
15 855
-
102 000
-
income
3 171
-
20 400
-
total
3 171
-
20 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

86 145
102 000
-
-
total
-
-
-
-
Dividends
86 145
102 000
-
-
withholding
4 307
5 100
-
-
total
4 307
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
7 478
5 100
20 400
1 020
After tax
94 522
96 900
81 600
100 980
Living cost
12 684
12 684
12 684
12 684
Free-cash
81 838
84 216
68 916
88 296

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43251
₽22813
₽25733
₽34838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
20 473
unemployment
-
-
-
153
health
-
-
-
10 037
pensions
-
-
-
18 628
total
-
-
-
49 291
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.

44 474
-
88 256
-
unemployment
63
-
124
-
pensions
6 894
-
13 679
-
income
7 670
-
18 967
-
health
2 872
-
5 701
-
total
17 499
-
38 471
-
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.

44 474
-
88 256
-
health
2 962
-
5 877
-
pensions
3 936
-
7 810
-
unemployment
27
-
53
-
total
6 925
-
13 740
-
Corporate
50 601
102 000
-
-
income
9 614
19 380
-
-
total
9 614
19 380
-
-
Dividends
40 988
82 620
-
-
withholding
6 148
12 393
-
-
total
6 148
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 186
31 773
52 211
49 291
After tax
61 814
70 227
49 789
52 709
Living cost
26 976
26 976
26 976
26 976
Free-cash
34 838
43 251
22 813
25 733

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18054
₽44581
₽26487
-₽50057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 882
social contributions
-
-
-
11 628
total
-
-
-
31 510
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
102 000
-
-
income
-
22 440
-
-
total
-
22 440
-
-
Dividends
-
79 560
-
-
income
-
17 503
-
-
total
-
17 503
-
-
Income
102 000
102 000
102 000
102 000
Total tax
108 054
39 943
13 416
31 510
After tax
-6 054
62 057
88 584
70 490
Living cost
44 003
44 003
44 003
44 003
Free-cash
-50 057
18 054
44 581
26 487

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26471
₽20168
₽25427
₽25457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
9 581
surtax
-
-
-
-
social contributions

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

-
-
-
35 445
total
-
-
-
45 026
Employee
46 257
-
82 424
-
surtax
-
-
-
-
social contributions
5 088
-
9 066
-
income
9 622
-
21 643
-
total
14 710
-
30 709
-
Employer
46 257
-
82 424
-
social contributions
10 986
-
19 576
-
total
10 986
-
19 576
-
Corporate
44 758
102 000
-
-
income
9 400
21 420
-
-
surtax
-
-
-
-
total
9 400
21 420
-
-
Dividends
35 358
80 580
-
-
withholding
9 900
22 562
-
-
total
9 900
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 996
43 982
50 285
45 026
After tax
57 004
58 018
51 715
56 974
Living cost
31 547
31 547
31 547
31 547
Free-cash
25 457
26 471
20 168
25 427

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2833
₽15634
₽10118
₽9746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 915
other
-
-
-
3 166
surtax
-
-
-
-
social contributions
-
-
-
2 907
health
-
-
-
1 966
pensions
-
-
-
25 352
total
-
-
-
43 306
Employee
62 992
-
82 765
-
pensions
7 125
-
3 958
-
surtax
-
-
-
-
social contributions
1 794
-
2 359
-
income
5 496
-
12 237
-
total
14 415
-
18 554
-
Employer
62 992
-
82 765
-
health
4 409
-
5 794
-
pensions
10 350
-
6 988
-
unemployment
2 552
-
3 351
-
social contributions
189
-
248
-
other
2 174
-
2 855
-
total
19 674
-
19 236
-
Corporate
19 334
102 000
-
-
income
5 413
28 560
-
-
surtax
-
-
-
-
total
5 413
28 560
-
-
Dividends
13 922
73 440
-
-
surtax
-
-
-
-
social contributions
2 393
12 631
-
-
withholding
1 783
9 400
-
-
total
4 176
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
43 678
50 591
37 790
43 306
After tax
58 322
51 409
64 210
58 694
Living cost
48 576
48 576
48 576
48 576
Free-cash
9 746
2 833
15 634
10 118

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61568
₽50192
₽47480
₽58189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
1 849
social contributions
-
-
-
22 439
total
-
-
-
24 288
Employee
32 334
-
88 312
-
income
-
-
2 149
-
social contributions
2 101
-
5 739
-
total
2 101
-
7 888
-
Employer
32 334
-
88 312
-
social contributions
5 012
-
13 688
-
total
5 012
-
13 688
-
Corporate
64 654
102 000
-
-
income
6 466
10 200
-
-
total
6 466
10 200
-
-
Dividends
58 188
91 800
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
13 579
10 200
21 576
24 288
After tax
88 421
91 800
80 424
77 712
Living cost
30 232
30 232
30 232
30 232
Free-cash
58 189
61 568
50 192
47 480

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽117026
-₽117026
₽14767
-₽117026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
labour market
-
-
-
8 090
municipal
-
-
-
19 018
national
-
-
-
10 840
pensions
-
-
-
871
total
-
-
-
38 819
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
170 612
170 612
170 612
38 819
After tax
-68 612
-68 612
-68 612
63 181
Living cost
48 414
48 414
48 414
48 414
Free-cash
-117 026
-117 026
-117 026
14 767

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13808
₽30617
₽47937
₽4876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
257
income
-
-
-
24 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 993
Employee
34 717
-
87 190
-
pensions
3 909
-
7 768
-
income
4 763
-
16 752
-
health
3 975
-
9 983
-
total
12 647
-
34 503
-
Employer
34 717
-
87 190
-
pensions
5 645
-
11 218
-
accident
580
-
1 456
-
unemployment
851
-
2 136
-
total
7 076
-
14 810
-
Corporate
60 207
102 000
-
-
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.

54 187
91 800
-
-
total
54 187
91 800
-
-
Dividends
6 021
10 200
-
-
withholding
1 144
1 938
-
-
total
1 144
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
75 054
93 738
49 313
31 993
After tax
26 946
8 262
52 687
70 007
Living cost
22 070
22 070
22 070
22 070
Free-cash
4 876
-13 808
30 617
47 937

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29100
₽19467
₽33657
₽27058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
102 000
health
-
-
-
1 151
municipal
-
-
-
18 153
national
-
-
-
10 426
total
-
-
-
29 730
Employee
52 914
-
85 809
-
municipal
8 667
-
14 009
-
unemployment
794
-
1 286
-
pensions
3 571
-
5 793
-
national
874
-
5 741
-
health
395
-
901
-
total
14 301
-
27 730
-
Employer
52 914
-
85 809
-
health
407
-
660
-
pensions
9 180
-
14 887
-
accident
53
-
86
-
unemployment
344
-
557
-
total
9 984
-
16 190
-
Corporate
39 102
102 000
-
-
income
7 820
20 399
-
-
total
7 820
20 399
-
-
Dividends

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

23 462
61 201
-
-
municipal
4 224
11 016
-
-
national
-
2 872
-
-
total
4 224
13 888
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 329
34 287
43 920
29 730
After tax
65 671
67 713
58 080
72 270
Living cost
38 613
38 613
38 613
38 613
Free-cash
27 058
29 100
19 467
33 657

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51370
₽48773
₽48877
₽45895
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
11 324
social contributions
-
-
-
15 912
health
-
-
-
2 601
total
-
-
-
29 837
Employee
77 337
77 337
92 600
-
social contributions
2 924
6 419
7 686
-
income
8 421
7 159
11 280
-
health
599
1 315
1 575
-
total
11 944
14 893
20 541
-
Employer
77 337
77 337
92 600
-
health
651
1 431
1 714
-
social contributions
2 924
6 419
7 686
-
total
3 575
7 850
9 400
-
Corporate
63 195
16 813
-
-
income
7 900
2 101
-
-
total
7 900
2 101
-
-
Dividends
55 296
14 711
-
-
withholding
9 400
2 500
-
-
total
9 400
2 500
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 819
27 344
29 941
29 837
After tax
69 181
74 656
72 059
72 163
Living cost
23 286
23 286
23 286
23 286
Free-cash
45 895
51 370
48 773
48 877

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
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.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68498
₽46939
₽66208
₽63383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
102 000
income
-
-
-
9 757
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
19 824
Employee

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

23 085
-
92 476
-
unemployment
115
-
462
-
pensions
3 462
-
13 872
-
income
1 578
-
7 375
-
health
1 962
-
7 860
-
total
7 117
-
29 569
-
Employer

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

23 085
-
92 476
-
health
992
-
3 976
-
pensions
1 269
-
5 086
-
unemployment
115
-
462
-
total
2 376
-
9 524
-
Corporate
76 538
102 000
-
-
income
6 888
9 180
-
-
total
6 888
9 180
-
-
Dividends
69 650
92 820
-
-
withholding
6 268
8 354
-
-
total
6 268
8 354
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 649
17 534
39 093
19 824
After tax
79 351
84 466
62 907
82 176
Living cost
15 968
15 968
15 968
15 968
Free-cash
63 383
68 498
46 939
66 208

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
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.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41065
₽26179
₽27187
₽35788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
840
income
-
-
-
19 188
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
47 156
Employee
37 188
-
77 343
-
other
36
-
78
-
unemployment
576
-
1 199
-
pensions
1 748
-
3 636
-
income
7 170
-
18 594
-
total
9 530
-
23 507
-
Employer
37 188
-
77 343
-
pensions
8 776
-
18 254
-
accident
737
-
1 531
-
unemployment
2 046
-
4 254
-
other
298
-
618
-
total
11 857
-
24 657
-
Corporate
52 955
102 000
-
-
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.

7 944
15 299
-
-
total
7 944
15 299
-
-
Dividends
45 012
86 701
-
-
withholding
9 224
17 979
-
-
total
9 224
17 979
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 555
33 278
48 164
47 156
After tax
63 445
68 722
53 836
54 844
Living cost
27 657
27 657
27 657
27 657
Free-cash
35 788
41 065
26 179
27 187

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61689
₽63051
₽63190
₽61368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
34 386
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
36 851
Employee
2 983
-
100 393
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
34 311
-
health
149
-
357
-
total
1 024
-
35 382
-
Employer
2 983
-
100 393
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
98 346
102 000
-
-
income
21 636
22 440
-
-
total
21 636
22 440
-
-
Dividends
76 710
79 560
-
-
withholding
15 342
15 912
-
-
total
15 342
15 912
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 673
38 352
36 990
36 851
After tax
63 327
63 648
65 010
65 149
Living cost
1 959
1 959
1 959
1 959
Free-cash
61 368
61 689
63 051
63 190

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56302
₽36742
₽36741
₽51353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
19 770
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
47 866
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.

26 227
-
88 696
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
19 770
-
health
1 351
-
3 828
-
total
8 835
-
34 561
-
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.

26 227
-
88 696
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
71 078
102 000
-
-
income
10 662
15 300
-
-
total
10 662
15 300
-
-
Dividends
60 416
86 700
-
-
withholding
9 062
13 005
-
-
total
9 062
13 005
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 254
28 305
47 865
47 866
After tax
68 746
73 695
54 135
54 134
Living cost
17 393
17 393
17 393
17 393
Free-cash
51 353
56 302
36 742
36 741

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
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.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30904
₽24601
₽29860
₽30542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
9 581
surtax
-
-
-
-
social contributions

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

-
-
-
35 445
total
-
-
-
45 026
Employee
39 035
-
82 424
-
surtax
-
-
-
-
social contributions
4 294
-
9 066
-
income
7 627
-
21 643
-
total
11 921
-
30 709
-
Employer
39 035
-
82 424
-
social contributions
9 270
-
19 576
-
total
9 270
-
19 576
-
Corporate
53 695
102 000
-
-
income
11 276
21 420
-
-
surtax
-
-
-
-
total
11 276
21 420
-
-
Dividends
42 419
80 580
-
-
withholding
11 877
22 562
-
-
total
11 877
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 344
43 982
50 285
45 026
After tax
57 656
58 018
51 715
56 974
Living cost
27 114
27 114
27 114
27 114
Free-cash
30 542
30 904
24 601
29 860

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33376
₽18490
₽19498
₽25706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
840
income
-
-
-
19 188
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
47 156
Employee
48 573
-
77 343
-
other
48
-
78
-
unemployment
752
-
1 199
-
pensions
2 283
-
3 636
-
income
10 145
-
18 594
-
total
13 228
-
23 507
-
Employer
48 573
-
77 343
-
pensions
11 463
-
18 254
-
accident
962
-
1 531
-
unemployment
2 672
-
4 254
-
other
389
-
618
-
total
15 486
-
24 657
-
Corporate
37 941
102 000
-
-
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.

5 691
15 299
-
-
total
5 691
15 299
-
-
Dividends
32 249
86 701
-
-
withholding
6 543
17 979
-
-
total
6 543
17 979
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 948
33 278
48 164
47 156
After tax
61 052
68 722
53 836
54 844
Living cost
35 346
35 346
35 346
35 346
Free-cash
25 706
33 376
18 490
19 498

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69885
₽63169
₽59982
₽63748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
24 693
Employee
22 941
-
95 098
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
9 510
-
health
1 055
-
1 618
-
total
5 615
-
14 604
-
Employer
22 941
-
95 098
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
74 558
102 000
-
-
income
7 456
10 200
-
-
total
7 456
10 200
-
-
Dividends
67 102
91 800
-
-
withholding
3 355
4 590
-
-
total
3 355
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 927
14 790
21 506
24 693
After tax
81 073
87 210
80 494
77 307
Living cost
17 325
17 325
17 325
17 325
Free-cash
63 748
69 885
63 169
59 982

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13790
₽33611
₽25685
₽26944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income

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

-
-
-
21 506
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.

-
-
-
1 183
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.

-
-
-
6 871
trade
-
-
-
7 926
total
-
-
-
37 486
Employee

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

50 042
-
102 000
-
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.

227
-
1 183
-
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.

4 115
-
21 506
-
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.

6 871
-
6 871
-
total
11 213
-
29 560
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 958
102 000
-
-
income
7 793
15 299
-
-
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.

429
842
-
-
chamber of commerce
229
302
-
-
trade
7 457
14 637
-
-
total
15 908
31 080
-
-
Dividends
36 050
70 920
-
-
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.

475
954
-
-
withholding
8 631
17 347
-
-
total
9 106
18 301
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 227
49 381
29 560
37 486
After tax
65 773
52 619
72 440
64 514
Living cost
38 829
38 829
38 829
38 829
Free-cash
26 944
13 790
33 611
25 685

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14110
₽11430
₽11430
₽16329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
24 176
social contributions
-
-
-
9 102
total
-
-
-
33 278
Employee
78 672
-
102 000
-
income
14 845
-
24 176
-
social contributions
6 536
-
9 102
-
total
21 381
-
33 278
-
Employer
78 672
-
102 000
-
total
-
-
-
-
Corporate
23 328
102 000
-
-
income
2 916
12 749
-
-
total
2 916
12 749
-
-
Dividends
20 412
89 251
-
-
withholding
4 082
17 849
-
-
total
4 082
17 849
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 379
30 598
33 278
33 278
After tax
73 621
71 402
68 722
68 722
Living cost
57 292
57 292
57 292
57 292
Free-cash
16 329
14 110
11 430
11 430

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24477
₽38424
₽30785
₽28309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
97 374
-
income
5 006
-
17 815
-
social contributions
4 623
-
4 626
-
total
9 629
-
22 441
-
Employer
46 138
-
97 374
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
51 240
102 000
-
-
income
17 933
35 700
-
-
total
17 933
35 700
-
-
Dividends
33 306
66 300
-
-
social contributions
4 997
5 314
-
-
total
4 997
5 314
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 182
41 014
27 067
34 706
After tax
64 818
60 986
74 933
67 294
Living cost
36 509
36 509
36 509
36 509
Free-cash
28 309
24 477
38 424
30 785

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37625
₽26691
₽36074
₽33649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
21 283
pensions
-
-
-
7 510
total
-
-
-
28 793
Employee
50 971
-
89 787
-
pensions
3 890
-
8 549
-
income
9 282
-
15 955
-
health
665
-
1 460
-
total
13 837
-
25 964
-
Employer
50 971
-
89 787
-
health
969
-
1 706
-
pensions
5 150
-
10 506
-
total
6 119
-
12 212
-
Corporate
44 911
102 000
-
-
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.

8 534
19 379
-
-
total
8 534
19 379
-
-
Dividends
36 377
82 621
-
-
withholding
2 728
7 863
-
-
total
2 728
7 863
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 218
27 242
38 176
28 793
After tax
70 782
74 758
63 824
73 207
Living cost
37 133
37 133
37 133
37 133
Free-cash
33 649
37 625
26 691
36 074

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15993
₽28432
₽45752
₽4542
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
257
income
-
-
-
24 902
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 993
Employee
38 154
-
87 190
-
pensions
4 296
-
7 768
-
income
5 234
-
16 752
-
health
4 368
-
9 983
-
total
13 898
-
34 503
-
Employer
38 154
-
87 190
-
pensions
6 204
-
11 218
-
accident
637
-
1 456
-
unemployment
935
-
2 136
-
total
7 776
-
14 810
-
Corporate
56 071
102 000
-
-
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.

50 464
91 800
-
-
total
50 464
91 800
-
-
Dividends
5 607
10 200
-
-
withholding
1 065
1 938
-
-
total
1 065
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
73 203
93 738
49 313
31 993
After tax
28 797
8 262
52 687
70 007
Living cost
24 255
24 255
24 255
24 255
Free-cash
4 542
-15 993
28 432
45 752

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72244
₽50610
₽44681
₽68219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 000
income
-
-
-
15 680
unemployment
-
-
-
1 224
work injury
-
-
-
510
health insurance
-
-
-
7 548
pensions
-
-
-
18 768
total
-
-
-
43 730
Employee

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

21 742
-
102 000
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
15 680
-
total
8 153
-
37 801
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 258
102 000
-
-
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%.

-
1 020
-
-
total
-
1 020
-
-
Dividends
80 258
100 980
-
-
withholding
12 039
15 147
-
-
total
12 039
15 147
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 192
16 167
37 801
43 730
After tax
81 808
85 833
64 199
58 270
Living cost
13 589
13 589
13 589
13 589
Free-cash
68 219
72 244
50 610
44 681

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13658
₽6533
₽11199
₽9083
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
2 051
municipal
-
-
-
681
national
-
-
-
21 768
total
-
-
-
50 734
Employee
84 751
-
102 000
-
municipal
506
-
609
-
national
14 322
-
18 666
-
regional
1 280
-
1 730
-
social contributions
28 577
-
34 395
-
total
44 685
-
55 400
-
Employer
84 751
-
102 000
-
total
-
-
-
-
Corporate
17 249
102 000
-
-
municipal
832
4 917
-
-
nationa
4 140
24 480
-
-
total
4 972
29 397
-
-
Dividends
12 278
72 604
-
-
withholding
3 193
18 878
-
-
total
3 193
18 878
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 850
48 275
55 400
50 734
After tax
49 150
53 725
46 600
51 266
Living cost
40 067
40 067
40 067
40 067
Free-cash
9 083
13 658
6 533
11 199

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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