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
₽42897
₽22742
₽33798
₽33265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
22 554
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.

-
-
-
1 240
trade
-
-
-
9 099
total
-
-
-
39 391
Employee

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

36 381
-
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.

56
-
1 240
-
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.

1 016
-
22 554
-
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.

6 498
-
6 498
-
total
7 570
-
30 292
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 619
102 000
-
-
chamber of commerce
238
291
-
-
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.

542
841
-
-
trade
10 334
16 065
-
-
income
9 843
15 300
-
-
total
20 957
32 497
-
-
Dividends
44 662
69 503
-
-
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.

594
935
-
-
withholding
10 803
17 015
-
-
total
11 397
17 950
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 924
50 447
30 292
39 391
After tax
62 076
51 553
71 708
62 609
Living cost
28 811
28 811
28 811
28 811
Free-cash
33 265
22 742
42 897
33 798

Estimated living cost  is ₽28811 per week

₽18123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12195
₽13568
₽11394
₽12734
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 097
pensions
-
-
-
12 240
national
-
-
-
16 525
municipal
-
-
-
10 664
total
-
-
-
40 526
Employee
77 633
-
88 178
-
municipal
9 589
-
11 059
-
national
14 859
-
17 137
-
pensions
3 105
-
3 527
-
total
27 553
-
31 723
-
Employer
77 633
-
88 178
-
pensions
6 211
-
7 054
-
social contributions
835
-
948
-
total
7 046
-
8 002
-
Corporate
12 198
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%.

2 440
20 400
-
-
total
2 440
20 400
-
-
Dividends
9 758
81 600
-
-
withholding
2 147
17 952
-
-
total
2 147
17 952
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 186
38 352
39 725
40 526
After tax
62 814
63 648
62 275
61 474
Living cost
50 080
50 080
50 080
50 080
Free-cash
12 734
13 568
12 195
11 394

Estimated living cost  is ₽50080 per week

₽34039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37624
₽61812
₽34584
₽54008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
14 834
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
47 627
Employee
27 794
-
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.

3 058
-
9 042
-
income
4 948
-
15 743
-
total
8 006
-
24 785
-
Employer
27 794
-
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.

6 695
-
19 802
-
total
6 695
-
19 802
-
Corporate
67 511
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%.

13 502
20 399
-
-
total
13 502
20 399
-
-
Dividends

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

54 009
81 601
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 203
20 399
44 587
47 627
After tax
73 797
81 601
57 413
54 373
Living cost
19 789
19 789
19 789
19 789
Free-cash
54 008
61 812
37 624
34 584

Estimated living cost  is ₽19789 per week

₽12625
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.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11590
₽9676
₽18070
₽3848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 729
income
-
-
-
21 209
pensions
-
-
-
11 145
total
-
-
-
44 083
Employee
81 228
81 228
86 801
-
income

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

13 296
13 296
13 296
-
pensions
14 621
11 145
11 145
-
health
12 468
10 605
10 922
-
total
40 385
35 046
35 363
-
Employer
81 228
81 228
86 801
-
unemployment
2 924
2 924
3 125
-
health
5 646
5 646
6 033
-
pensions
5 653
5 653
6 042
-
total
14 223
14 223
15 200
-
Corporate
7 544
6 548
-
-
income
1 509
1 309
-
-
total
1 509
1 309
-
-
Dividends
6 035
5 239
-
-
income
1 282
1 114
-
-
withholding
906
785
-
-
total
2 188
1 899
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 305
52 477
50 563
44 083
After tax
43 695
49 523
51 437
57 917
Living cost
39 847
39 847
39 847
39 847
Free-cash
3 848
9 676
11 590
18 070

Estimated living cost  is ₽39847 per week

₽28239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15338
₽16560
₽15015
₽15682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 966
health
-
-
-
5 352
accident
-
-
-
171
pensions
-
-
-
9 271
national
-
-
-
-
unemployment
-
-
-
86
municipal
-
-
-
23 007
total
-
-
-
47 853
Employee
55 759
-
77 614
-
municipal
16 627
-
23 144
-
national
-
-
-
-
total
16 627
-
23 144
-
Employer
55 759
-
77 614
-
other
6 479
-
9 019
-
unemployment
1 472
-
2 049
-
health
3 429
-
4 773
-
accident
112
-
155
-
pensions
6 027
-
8 390
-
total
17 519
-
24 386
-
Corporate
28 721
102 000
-
-
income
6 319
22 440
-
-
total
6 319
22 440
-
-
Dividends
22 402
79 560
-
-
withholding
6 721
23 868
-
-
total
6 721
23 868
-
-
Income
102 000
102 000
102 000
102 000
Total tax
47 186
46 308
47 530
47 853
After tax
54 814
55 692
54 470
54 147
Living cost
39 132
39 132
39 132
39 132
Free-cash
15 682
16 560
15 338
15 015

Estimated living cost  is ₽39132 per week

₽25935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34341
₽13663
₽24837
₽27026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
22 554
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.

-
-
-
1 240
trade
-
-
-
9 504
total
-
-
-
39 796
Employee

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

48 237
-
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
-
1 240
-
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.

4 144
-
22 554
-
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.

6 498
-
6 498
-
total
10 869
-
30 292
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 763
102 000
-
-
chamber of commerce
220
289
-
-
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.

444
841
-
-
trade
8 845
16 778
-
-
income
8 065
15 300
-
-
total
17 574
33 208
-
-
Dividends
36 189
68 792
-
-
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.

478
926
-
-
withholding
8 686
16 836
-
-
total
9 164
17 762
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 607
50 970
30 292
39 796
After tax
64 393
51 030
71 708
62 204
Living cost
37 367
37 367
37 367
37 367
Free-cash
27 026
13 663
34 341
24 837

Estimated living cost  is ₽37367 per week

₽24991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40465
₽43772
₽40933
₽39827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 390
health
-
-
-
2 601
income
-
-
-
12 224
total
-
-
-
30 215
Employee
73 142
73 142
92 601
-
social contributions
3 554
6 070
7 686
-
income
7 681
6 771
12 024
-
health
727
1 244
1 574
-
total
11 962
14 085
21 284
-
Employer
73 142
73 142
92 601
-
health
792
1 354
1 713
-
social contributions
3 554
6 070
7 686
-
total
4 346
7 424
9 399
-
Corporate
54 839
21 433
-
-
income
6 856
2 679
-
-
total
6 856
2 679
-
-
Dividends
47 984
18 755
-
-
withholding
8 157
3 188
-
-
total
8 157
3 188
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 321
27 376
30 683
30 215
After tax
70 679
74 624
71 317
71 785
Living cost
30 852
30 852
30 852
30 852
Free-cash
39 827
43 772
40 465
40 933

Estimated living cost  is ₽30852 per week

₽21090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41692
₽40000
₽53223
₽40364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 140
income
-
-
-
12 469
pensions
-
-
-
10 200
unemployment
-
-
-
1 530
total
-
-
-
31 339
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.

25 172
10 018
85 356
-
income
3 077
1 225
10 435
-
pensions
2 517
1 002
8 536
-
health
1 762
701
5 975
-
unemployment
378
150
1 280
-
total
7 734
3 078
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.

25 172
10 018
85 356
-
pensions
4 908
1 954
16 644
-
total
4 908
1 954
16 644
-
Corporate
71 920
90 029
-
-
income
6 473
8 103
-
-
total
6 473
8 103
-
-
Dividends
65 447
81 926
-
-
social contributions
12 648
15 861
-
-
withholding
12 435
15 566
-
-
total
25 083
31 427
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 198
44 562
42 870
31 339
After tax
57 802
57 438
59 130
70 661
Living cost
17 438
17 438
17 438
17 438
Free-cash
40 364
40 000
41 692
53 223

Estimated living cost  is ₽17438 per week

₽11900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35817
₽58626
₽31698
₽52716
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 260
income
-
-
-
13 668
pensions
-
-
-
20 399
total
-
-
-
47 327
Employee
26 984
-
76 234
-
income
3 038
-
14 697
-
pensions
540
-
1 525
-
unemployment
431
-
1 220
-
total
4 009
-
17 442
-
Employer
26 984
-
76 234
-
unemployment
217
-
610
-
health
3 507
-
9 910
-
pensions
5 397
-
15 246
-
total
9 121
-
25 766
-
Corporate
65 895
102 000
-
-
income
13 179
20 399
-
-
total
13 179
20 399
-
-
Dividends
52 716
81 601
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
26 309
20 399
43 208
47 327
After tax
75 691
81 601
58 792
54 673
Living cost
22 975
22 975
22 975
22 975
Free-cash
52 716
58 626
35 817
31 698

Estimated living cost  is ₽22975 per week

₽15758
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32124
-₽12704
₽48999
₽5044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
25 398
pensions
-
-
-
3 965
total
-
-
-
32 035
Employee
32 980
-
87 880
-
income
4 525
-
17 457
-
pensions
3 714
-
7 271
-
health
3 776
-
10 062
-
total
12 015
-
34 790
-
Employer
32 980
-
87 880
-
unemployment
808
-
2 153
-
accident
551
-
1 468
-
pensions
5 363
-
10 499
-
total
6 722
-
14 120
-
Corporate
62 299
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.

56 069
91 800
-
-
total
56 069
91 800
-
-
Dividends
6 230
10 200
-
-
withholding
1 184
1 938
-
-
total
1 184
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
75 990
93 738
48 910
32 035
After tax
26 010
8 262
53 090
69 965
Living cost
20 966
20 966
20 966
20 966
Free-cash
5 044
-12 704
32 124
48 999

Estimated living cost  is ₽20966 per week

₽15366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73664
₽88964
₽93044
₽87476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 920
-
102 000
-
income
1 984
-
20 400
-
total
1 984
-
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%.

92 080
102 000
-
-
total
-
-
-
-
Dividends
92 080
102 000
-
-
withholding
4 604
5 100
-
-
total
4 604
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
6 588
5 100
20 400
1 020
After tax
95 412
96 900
81 600
100 980
Living cost
7 936
7 936
7 936
7 936
Free-cash
87 476
88 964
73 664
93 044

Estimated living cost  is ₽7936 per week

₽4918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34039
₽49593
₽29822
₽43171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 845
health
-
-
-
4 487
income
-
-
-
13 022
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.

-
-
-
24 479
total
-
-
-
46 833
Employee
34 537
-
81 469
-
income
5 946
-
14 428
-
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.

2 417
-
5 702
-
health
484
-
1 141
-
unemployment
345
-
814
-
total
9 192
-
22 085
-
Employer
34 537
-
81 469
-
other
1 727
-
4 074
-
unemployment
345
-
814
-
health
484
-
1 141
-
accident
276
-
652
-
pensions

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

5 872
-
13 850
-
total
8 704
-
20 531
-
Corporate
58 759
102 000
-
-
income
12 339
21 421
-
-
total
12 339
21 421
-
-
Dividends
46 420
80 579
-
-
withholding
3 249
5 641
-
-
total
3 249
5 641
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 484
27 062
42 616
46 833
After tax
68 516
74 938
59 384
55 167
Living cost
25 345
25 345
25 345
25 345
Free-cash
43 171
49 593
34 039
29 822

Estimated living cost  is ₽25345 per week

₽17908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99
₽10473
₽9230
₽166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 287
pensions
-
-
-
7 219
total
-
-
-
29 506
Employee
89 509
-
89 700
-
income
16 135
-
16 200
-
health
1 475
-
1 479
-
pensions
8 635
-
8 658
-
total
26 245
-
26 337
-
Employer
89 509
-
89 700
-
health
1 700
-
1 704
-
pensions
10 568
-
10 596
-
total
12 268
-
12 300
-
Corporate
222
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.

42
19 381
-
-
total
42
19 381
-
-
Dividends
181
82 619
-
-
withholding
15
8 882
-
-
total
15
8 882
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 570
28 263
38 637
29 506
After tax
63 430
73 737
63 363
72 494
Living cost
63 264
63 264
63 264
63 264
Free-cash
166
10 473
99
9 230

Estimated living cost  is ₽63264 per week

₽47405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7433
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.
₽7912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68859
₽74851
₽65549
₽70471
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 787
income
-
-
-
15 300
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
24 092
Employee
16 365
-
95 540
-
income
1 636
-
9 554
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 437
-
2 891
-
health
753
-
1 515
-
total
4 006
-
14 322
-
Employer
16 365
-
95 540
-
unemployment
98
-
198
-
health
1 130
-
2 272
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 804
-
3 628
-
total
3 212
-
6 460
-
Corporate
82 424
102 000
-
-
income
8 243
10 200
-
-
total
8 243
10 200
-
-
Dividends
74 181
91 800
-
-
withholding
3 709
4 590
-
-
total
3 709
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 170
14 790
20 782
24 092
After tax
82 830
87 210
81 218
77 908
Living cost
12 359
12 359
12 359
12 359
Free-cash
70 471
74 851
68 859
65 549

Estimated living cost  is ₽12359 per week

₽7215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽1308
-₽3222
₽5172
-₽1628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 729
income
-
-
-
21 209
pensions
-
-
-
11 145
total
-
-
-
44 083
Employee
88 188
81 228
86 801
-
income

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

13 296
13 296
13 296
-
pensions
11 145
11 145
11 145
-
health
11 002
10 605
10 922
-
total
35 443
35 046
35 363
-
Employer
88 188
81 228
86 801
-
unemployment
3 175
2 924
3 125
-
health
6 128
5 646
6 033
-
pensions
6 137
5 653
6 042
-
total
15 440
14 223
15 200
-
Corporate
-
6 548
-
-
income
-
1 309
-
-
total
-
1 309
-
-
Dividends
-
5 239
-
-
income
-
1 114
-
-
withholding
-
785
-
-
total
-
1 899
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 883
52 477
50 563
44 083
After tax
51 117
49 523
51 437
57 917
Living cost
52 745
52 745
52 745
52 745
Free-cash
-1 628
-3 222
-1 308
5 172

Estimated living cost  is ₽52745 per week

₽38908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28394
₽46860
₽26312
₽38523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 784
health
-
-
-
13 770
income
-
-
-
8 767
solidarity contribution
-
-
-
-
total
-
-
-
52 321
Employee
34 363
-
76 119
-
social contributions
2 234
-
4 948
-
solidarity contribution
-
-
-
-
income
4 124
-
9 134
-
health
4 639
-
10 276
-
total
10 997
-
24 358
-
Employer
34 363
-
76 119
-
health
3 093
-
6 851
-
social contributions
8 591
-
19 030
-
total
11 684
-
25 881
-
Corporate
55 953
102 000
-
-
income
10 631
19 380
-
-
total
10 631
19 380
-
-
Dividends
45 322
82 620
-
-
withholding
6 798
12 393
-
-
total
6 798
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 110
31 773
50 239
52 321
After tax
61 890
70 227
51 761
49 679
Living cost
23 367
23 367
23 367
23 367
Free-cash
38 523
46 860
28 394
26 312

Estimated living cost  is ₽23367 per week

₽16231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6882
₽14284
₽11736
₽9317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 235
national
-
-
-
22 148
regional
-
-
-
1 137
municipal
-
-
-
607
total
-
-
-
50 127
Employee
84 536
-
102 000
-
social contributions
28 506
-
34 394
-
municipal
448
-
542
-
national
14 648
-
19 047
-
regional
798
-
998
-
total
44 400
-
54 981
-
Employer
84 536
-
102 000
-
total
-
-
-
-
Corporate
17 464
102 000
-
-
nationa
4 191
24 480
-
-
municipal
681
3 978
-
-
total
4 872
28 458
-
-
Dividends
12 592
73 541
-
-
withholding
3 274
19 121
-
-
total
3 274
19 121
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 546
47 579
54 981
50 127
After tax
49 454
54 421
47 019
51 873
Living cost
40 137
40 137
40 137
40 137
Free-cash
9 317
14 284
6 882
11 736

Estimated living cost  is ₽40137 per week

₽27979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28793
₽43169
₽30605
₽40209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 242
income
-
-
-
20 007
pensions
-
-
-
20 399
surtax
-
-
-
2 540
unemployment
-
-
-
217
total
-
-
-
50 405
Employee
31 455
-
84 262
-
surtax
103
-
2 291
-
income
5 273
-
18 551
-
other
-
-
-
-
pensions
2 097
-
5 621
-
health
803
-
2 150
-
unemployment
2 190
-
5 865
-
total
10 466
-
34 478
-
Employer
31 455
-
84 262
-
other
-
-
-
-
unemployment
996
-
2 672
-
health
1 431
-
3 834
-
pensions
4 193
-
11 233
-
total
6 620
-
17 739
-
Corporate
63 924
102 000
-
-
income
16 619
26 520
-
-
total
16 619
26 520
-
-
Dividends
47 304
75 480
-
-
withholding
7 096
11 321
-
-
total
7 096
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 801
37 841
52 217
50 405
After tax
61 199
64 159
49 783
51 595
Living cost
20 990
20 990
20 990
20 990
Free-cash
40 209
43 169
28 793
30 605

Estimated living cost  is ₽20990 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20143
₽30517
₽29274
₽25756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 287
pensions
-
-
-
7 219
total
-
-
-
29 506
Employee
59 987
-
89 700
-
income
10 804
-
16 200
-
health
871
-
1 479
-
pensions
5 092
-
8 658
-
total
16 767
-
26 337
-
Employer
59 987
-
89 700
-
health
1 140
-
1 704
-
pensions
6 494
-
10 596
-
total
7 634
-
12 300
-
Corporate
34 380
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.

6 533
19 381
-
-
total
6 533
19 381
-
-
Dividends
27 847
82 619
-
-
withholding
2 090
8 882
-
-
total
2 090
8 882
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 024
28 263
38 637
29 506
After tax
68 976
73 737
63 363
72 494
Living cost
43 220
43 220
43 220
43 220
Free-cash
25 756
30 517
20 143
29 274

Estimated living cost  is ₽43220 per week

₽32380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3399
-₽29923
₽8478
₽2834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 039
health
-
-
-
250
pensions
-
-
-
9 384
city
-
-
-
1 076
national
-
-
-
664
regional
-
-
-
3 544
total
-
-
-
16 957
Employee
89 601
-
91 295
-
national
424
-
454
-
city
962
-
981
-
pensions
7 528
-
7 669
-
health
203
-
205
-
regional
2 934
-
3 026
-
unemployment
-
-
-
-
total
12 051
-
12 335
-
Employer
89 601
-
91 295
-
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.

1 791
-
1 827
-
unemployment
-
-
-
-
health
203
-
205
-
pensions
7 528
-
7 669
-
total
9 522
-
9 701
-
Corporate
1 892
102 000
-
-
regional
401
21 572
-
-
national
161
8 670
-
-
total
562
30 242
-
-
Dividends
1 330
71 758
-
-
withholding
466
25 116
-
-
total
466
25 116
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 601
55 358
22 036
16 957
After tax
79 399
46 642
79 964
85 043
Living cost
76 565
76 565
76 565
76 565
Free-cash
2 834
-29 923
3 399
8 478

Estimated living cost  is ₽76565 per week

₽49789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28133
₽6928
₽18225
₽22352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
22 554
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.

-
-
-
1 240
trade
-
-
-
9 908
total
-
-
-
40 200
Employee

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

57 165
-
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.

370
-
1 240
-
income

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

6 722
-
22 554
-
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.

6 498
-
6 498
-
total
13 590
-
30 292
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 835
102 000
-
-
chamber of commerce
208
289
-
-
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.

370
841
-
-
trade
7 690
17 493
-
-
income
6 726
15 300
-
-
total
14 994
33 923
-
-
Dividends
29 842
68 077
-
-
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.

390
917
-
-
withholding
7 099
16 657
-
-
total
7 489
17 574
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 073
51 497
30 292
40 200
After tax
65 927
50 503
71 708
61 800
Living cost
43 575
43 575
43 575
43 575
Free-cash
22 352
6 928
28 133
18 225

Estimated living cost  is ₽43575 per week

₽31825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30744
₽18865
₽25994
₽24482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 168
social contributions
-
-
-
2 906
health
-
-
-
2 267
income
-
-
-
10 685
pensions
-
-
-
24 436
surtax
-
-
-
-
total
-
-
-
43 462
Employee
40 710
-
82 482
-
surtax
-
-
-
-
social contributions
1 161
-
2 348
-
income
2 403
-
12 678
-
pensions
4 603
-
4 172
-
total
8 167
-
19 198
-
Employer
40 710
-
82 482
-
other
1 404
-
2 845
-
unemployment
1 648
-
3 341
-
health
2 850
-
5 779
-
pensions
6 688
-
7 302
-
social contributions
123
-
247
-
total
12 713
-
19 514
-
Corporate
48 577
102 000
-
-
surtax
-
-
-
-
income
13 601
28 560
-
-
total
13 601
28 560
-
-
Dividends
34 976
73 440
-
-
social contributions
6 016
12 630
-
-
surtax
-
-
-
-
withholding
4 477
9 401
-
-
total
10 493
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 974
50 591
38 712
43 462
After tax
57 026
51 409
63 288
58 538
Living cost
32 544
32 544
32 544
32 544
Free-cash
24 482
18 865
30 744
25 994

Estimated living cost  is ₽32544 per week

₽20520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33969
₽22090
₽29219
₽27374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 168
social contributions
-
-
-
2 906
health
-
-
-
2 267
income
-
-
-
10 685
pensions
-
-
-
24 436
surtax
-
-
-
-
total
-
-
-
43 462
Employee
36 339
-
82 482
-
surtax
-
-
-
-
social contributions
1 036
-
2 348
-
income
1 874
-
12 678
-
pensions
4 110
-
4 172
-
total
7 020
-
19 198
-
Employer
36 339
-
82 482
-
other
1 255
-
2 845
-
unemployment
1 471
-
3 341
-
health
2 543
-
5 779
-
pensions
5 971
-
7 302
-
social contributions
108
-
247
-
total
11 348
-
19 514
-
Corporate
54 312
102 000
-
-
surtax
-
-
-
-
income
15 208
28 560
-
-
total
15 208
28 560
-
-
Dividends
39 105
73 440
-
-
social contributions
6 726
12 630
-
-
surtax
-
-
-
-
withholding
5 005
9 401
-
-
total
11 731
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 307
50 591
38 712
43 462
After tax
56 693
51 409
63 288
58 538
Living cost
29 319
29 319
29 319
29 319
Free-cash
27 374
22 090
33 969
29 219

Estimated living cost  is ₽29319 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8782
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45157
₽42061
₽45335
₽42554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 076
health
-
-
-
7 119
income
-
-
-
15 300
total
-
-
-
36 495
Employee
32 251
-
102 000
-
social contributions
4 451
-
14 076
-
income
5 379
-
15 478
-
health
2 251
-
7 119
-
total
12 081
-
36 673
-
Employer
32 251
-
102 000
-
total
-
-
-
-
Corporate
69 749
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%.

3 487
5 099
-
-
total
3 487
5 099
-
-
Dividends
66 261
96 901
-
-
social contributions
9 144
13 372
-
-
withholding
9 939
14 534
-
-
health
4 625
6 764
-
-
total
23 708
34 670
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 276
39 769
36 673
36 495
After tax
62 724
62 231
65 327
65 505
Living cost
20 170
20 170
20 170
20 170
Free-cash
42 554
42 061
45 157
45 335

Estimated living cost  is ₽20170 per week

₽13498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
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.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3459
₽23546
₽17567
₽22073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 803
income
-
-
-
17 814
chamber of commerce
-
-
-
408
pensions
-
-
-
18 870
surtax
-
-
-
188
unemployment
-
-
-
5 834
total
-
-
-
50 917
Employee
47 536
37 906
79 059
-
income
5 412
2 796
15 820
-
other
475
379
791
-
pensions
4 868
3 881
8 096
-
health
1 839
1 468
3 060
-
unemployment
1 426
1 137
2 372
-
total
14 020
9 661
30 139
-
Employer
47 536
37 906
79 059
-
other
2 258
1 800
3 755
-
unemployment
1 426
1 137
2 372
-
health
1 796
1 433
2 989
-
surtax
188
188
188
-
accident
617
493
1 027
-
pensions
5 966
4 758
9 922
-
payroll
1 426
1 137
2 372
-
chamber of commerce
190
152
316
-
total
13 867
11 098
22 941
-
Corporate
40 597
52 996
75 449
-
income

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

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

10 150
13 249
18 863
-
total
10 150
13 249
18 863
-
Dividends
30 447
39 747
-
-
withholding
8 374
10 930
-
-
total
8 374
10 930
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 411
44 938
71 943
50 917
After tax
55 589
57 062
30 057
51 083
Living cost
33 516
33 516
33 516
33 516
Free-cash
22 073
23 546
-3 459
17 567

Estimated living cost  is ₽33516 per week

₽22354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4670
₽22500
₽12385
₽8234
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 284
communal

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

-
-
-
5 143
national
-
-
-
33 506
total
-
-
-
54 933
Employee

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

68 040
-
79 000
-
national
20 918
-
25 205
-
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.

5 103
-
5 924
-
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.

3 197
-
3 713
-
communal

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

3 549
-
4 121
-
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.

592
-
688
-
total
33 359
-
39 651
-
Employer

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

68 040
-
79 000
-
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.

993
-
1 153
-
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.

4 184
-
4 857
-
surtax
7 715
-
8 960
-
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.

884
-
1 027
-
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.

6 029
-
7 000
-
total
19 805
-
22 997
-
Corporate
14 155
102 000
-
-
surtax
56
408
-
-
income
2 830
20 399
-
-
total
2 886
20 807
-
-
Dividends
11 269
81 193
-
-
withholding

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

3 034
24 011
-
-
total
3 034
24 011
-
-
Income
102 000
102 000
102 000
102 000
Total tax
59 084
44 818
62 648
54 933
After tax
42 916
57 182
39 352
47 067
Living cost
34 682
34 682
34 682
34 682
Free-cash
8 234
22 500
4 670
12 385

Estimated living cost  is ₽34682 per week

₽22340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19037
₽34357
₽21005
₽26780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
20 194
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
46 643
Employee
47 348
-
77 343
-
income
9 990
-
19 041
-
other
47
-
78
-
pensions
2 226
-
3 635
-
unemployment
735
-
1 199
-
total
12 998
-
23 953
-
Employer
47 348
-
77 343
-
other
377
-
619
-
unemployment
2 605
-
4 255
-
accident
937
-
1 531
-
pensions
11 173
-
18 253
-
total
15 092
-
24 658
-
Corporate
39 560
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.

5 933
15 300
-
-
total
5 933
15 300
-
-
Dividends
33 626
86 700
-
-
withholding
6 845
17 991
-
-
total
6 845
17 991
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 868
33 291
48 611
46 643
After tax
61 132
68 709
53 389
55 357
Living cost
34 352
34 352
34 352
34 352
Free-cash
26 780
34 357
19 037
21 005

Estimated living cost  is ₽34352 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10114
₽10496
₽5757
₽3682
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 166
accident
-
-
-
859
income
-
-
-
9 735
pensions
-
-
-
15 289
communal
-
-
-
6 446
surtax
-
-
-
5 056
total
-
-
-
44 551
Employee
72 033
-
91 114
-
surtax
4 415
-
5 583
-
income
6 958
-
12 381
-
pensions
5 762
-
7 289
-
health
3 206
-
4 054
-
total
20 341
-
29 307
-
Employer
72 033
-
91 114
-
health
2 197
-
2 778
-
accident
648
-
820
-
pensions
5 762
-
7 289
-
total
8 607
-
10 887
-
Corporate
21 360
102 000
-
-
surtax
224
1 070
-
-
income
3 204
15 300
-
-
communal
-
6 885
-
-
total
3 428
23 255
-
-
Dividends
17 932
78 745
-
-
income
11 560
4 745
-
-
withholding
2 690
11 812
-
-
total
14 250
16 557
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 626
39 812
40 194
44 551
After tax
55 374
62 188
61 806
57 449
Living cost
51 692
51 692
51 692
51 692
Free-cash
3 682
10 496
10 114
5 757

Estimated living cost  is ₽51692 per week

₽38777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28418
₽42794
₽30230
₽39766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 242
income
-
-
-
20 007
pensions
-
-
-
20 399
surtax
-
-
-
2 540
unemployment
-
-
-
217
total
-
-
-
50 405
Employee
32 033
-
84 262
-
surtax
114
-
2 291
-
income
5 370
-
18 551
-
other
-
-
-
-
pensions
2 137
-
5 621
-
health
818
-
2 150
-
unemployment
2 229
-
5 865
-
total
10 668
-
34 478
-
Employer
32 033
-
84 262
-
other
-
-
-
-
unemployment
1 016
-
2 672
-
health
1 457
-
3 834
-
pensions
4 271
-
11 233
-
total
6 744
-
17 739
-
Corporate
63 223
102 000
-
-
income
16 439
26 520
-
-
total
16 439
26 520
-
-
Dividends
46 785
75 480
-
-
withholding
7 018
11 321
-
-
total
7 018
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 869
37 841
52 217
50 405
After tax
61 131
64 159
49 783
51 595
Living cost
21 365
21 365
21 365
21 365
Free-cash
39 766
42 794
28 418
30 230

Estimated living cost  is ₽21365 per week

₽12899
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21021
₽27990
₽25848
₽25879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 235
national
-
-
-
22 148
regional
-
-
-
1 539
municipal
-
-
-
607
total
-
-
-
50 529
Employee
52 764
-
102 000
-
social contributions
17 793
-
34 394
-
municipal
280
-
542
-
national
8 359
-
19 047
-
regional
710
-
1 373
-
total
27 142
-
55 356
-
Employer
52 764
-
102 000
-
total
-
-
-
-
Corporate
49 236
102 000
-
-
nationa
11 816
24 480
-
-
municipal
2 448
5 069
-
-
total
14 264
29 549
-
-
Dividends
34 972
72 451
-
-
withholding
9 092
18 838
-
-
total
9 092
18 838
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 498
48 387
55 356
50 529
After tax
51 502
53 613
46 644
51 471
Living cost
25 623
25 623
25 623
25 623
Free-cash
25 879
27 990
21 021
25 848

Estimated living cost  is ₽25623 per week

₽15935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22967
₽41433
₽20885
₽31161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 784
health
-
-
-
13 770
income
-
-
-
8 767
solidarity contribution
-
-
-
-
total
-
-
-
52 321
Employee
42 345
-
76 119
-
social contributions
2 752
-
4 948
-
solidarity contribution
-
-
-
-
income
5 081
-
9 134
-
health
5 717
-
10 276
-
total
13 550
-
24 358
-
Employer
42 345
-
76 119
-
health
3 811
-
6 851
-
social contributions
10 586
-
19 030
-
total
14 397
-
25 881
-
Corporate
45 258
102 000
-
-
income
8 599
19 380
-
-
total
8 599
19 380
-
-
Dividends
36 659
82 620
-
-
withholding
5 499
12 393
-
-
total
5 499
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
42 045
31 773
50 239
52 321
After tax
59 955
70 227
51 761
49 679
Living cost
28 794
28 794
28 794
28 794
Free-cash
31 161
41 433
22 967
20 885

Estimated living cost  is ₽28794 per week

₽21413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1595
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.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽253
₽26817
₽20924
₽26349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 803
income
-
-
-
17 814
chamber of commerce
-
-
-
408
pensions
-
-
-
18 870
surtax
-
-
-
-
unemployment
-
-
-
5 834
total
-
-
-
50 729
Employee
41 579
37 906
79 206
-
income
3 704
2 796
15 870
-
other
415
379
792
-
pensions
4 258
3 881
8 110
-
health
1 608
1 468
3 065
-
unemployment
1 247
1 137
2 375
-
total
11 232
9 661
30 212
-
Employer
41 579
37 906
79 206
-
other
1 975
1 800
3 762
-
unemployment
1 247
1 137
2 375
-
health
1 572
1 433
2 995
-
surtax
-
-
-
-
accident
540
493
1 029
-
pensions
5 218
4 758
9 941
-
payroll
1 247
1 137
2 375
-
chamber of commerce
166
152
318
-
total
11 965
10 910
22 795
-
Corporate
48 455
53 184
75 595
-
income

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

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

12 114
13 296
18 899
-
total
12 114
13 296
18 899
-
Dividends
36 341
39 887
-
-
withholding
9 993
10 969
-
-
total
9 993
10 969
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 304
44 836
71 906
50 729
After tax
56 696
57 164
30 094
51 271
Living cost
30 347
30 347
30 347
30 347
Free-cash
26 349
26 817
-253
20 924

Estimated living cost  is ₽30347 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69233
₽84533
₽88613
₽82214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 459
-
102 000
-
income
3 092
-
20 400
-
total
3 092
-
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%.

86 541
102 000
-
-
total
-
-
-
-
Dividends
86 541
102 000
-
-
withholding
4 327
5 100
-
-
total
4 327
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
7 419
5 100
20 400
1 020
After tax
94 581
96 900
81 600
100 980
Living cost
12 367
12 367
12 367
12 367
Free-cash
82 214
84 533
69 233
88 613

Estimated living cost  is ₽12367 per week

₽8369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24036
₽44714
₽26957
₽36756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 038
income
-
-
-
20 711
pensions
-
-
-
18 628
unemployment
-
-
-
153
total
-
-
-
49 530
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.

42 062
-
88 258
-
income
7 254
-
19 205
-
pensions
6 520
-
13 681
-
health
2 717
-
5 702
-
unemployment
60
-
123
-
total
16 551
-
38 711
-
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.

42 062
-
88 258
-
unemployment
25
-
52
-
health
2 801
-
5 877
-
pensions
3 722
-
7 811
-
total
6 548
-
13 740
-
Corporate
53 389
102 000
-
-
income
10 145
19 379
-
-
total
10 145
19 379
-
-
Dividends
43 245
82 621
-
-
withholding
6 487
12 394
-
-
total
6 487
12 394
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 731
31 773
52 451
49 530
After tax
62 269
70 227
49 549
52 470
Living cost
25 513
25 513
25 513
25 513
Free-cash
36 756
44 714
24 036
26 957

Estimated living cost  is ₽25513 per week

₽17509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45772
₽18967
₽27400
-₽46902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 628
income
-
-
-
19 882
total
-
-
-
31 510
Employee
61 785
-
-
-
social contributions
5 066
-
722
-
income
13 629
-
-
-
total
18 695
-
722
-
Employer
61 785
-
-
-
social contributions
87 117
-
12 416
-
total
87 117
-
12 416
-
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
105 812
39 943
13 138
31 510
After tax
-3 812
62 057
88 862
70 490
Living cost
43 090
43 090
43 090
43 090
Free-cash
-46 902
18 967
45 772
27 400

Estimated living cost  is ₽43090 per week

₽27959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21262
₽28181
₽26878
₽27224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
35 444
income
-
-
-
9 842
surtax
-
-
-
-
total
-
-
-
45 286
Employee
43 748
-
82 424
-
surtax
-
-
-
-
social contributions
4 812
-
9 067
-
income
9 100
-
22 259
-
total
13 912
-
31 326
-
Employer
43 748
-
82 424
-
social contributions
10 390
-
19 576
-
total
10 390
-
19 576
-
Corporate
47 862
102 000
-
-
surtax
-
-
-
-
income
10 051
21 421
-
-
total
10 051
21 421
-
-
Dividends
37 812
80 579
-
-
withholding
10 587
22 562
-
-
total
10 587
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 940
43 983
50 902
45 286
After tax
57 060
58 017
51 098
56 714
Living cost
29 836
29 836
29 836
29 836
Free-cash
27 224
28 181
21 262
26 878

Estimated living cost  is ₽29836 per week

₽22323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
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.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17347
₽5468
₽12597
₽12003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 168
social contributions
-
-
-
2 906
health
-
-
-
2 267
income
-
-
-
10 685
pensions
-
-
-
24 436
surtax
-
-
-
-
total
-
-
-
43 462
Employee
59 575
-
82 482
-
surtax
-
-
-
-
social contributions
1 697
-
2 348
-
income
5 198
-
12 678
-
pensions
6 738
-
4 172
-
total
13 633
-
19 198
-
Employer
59 575
-
82 482
-
other
2 056
-
2 845
-
unemployment
2 413
-
3 341
-
health
4 170
-
5 779
-
pensions
9 789
-
7 302
-
social contributions
179
-
247
-
total
18 607
-
19 514
-
Corporate
23 818
102 000
-
-
surtax
-
-
-
-
income
6 670
28 560
-
-
total
6 670
28 560
-
-
Dividends
17 148
73 440
-
-
social contributions
2 951
12 630
-
-
surtax
-
-
-
-
withholding
2 195
9 401
-
-
total
5 146
22 031
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 056
50 591
38 712
43 462
After tax
57 944
51 409
63 288
58 538
Living cost
45 941
45 941
45 941
45 941
Free-cash
12 003
5 468
17 347
12 597

Estimated living cost  is ₽45941 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51499
₽63207
₽48785
₽60012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 181
social contributions
-
-
-
22 441
total
-
-
-
24 622
Employee
30 580
-
88 310
-
income
-
-
2 480
-
social contributions
1 987
-
5 740
-
total
1 987
-
8 220
-
Employer
30 580
-
88 310
-
social contributions
4 740
-
13 688
-
total
4 740
-
13 688
-
Corporate
66 680
102 000
-
-
income
6 668
10 200
-
-
total
6 668
10 200
-
-
Dividends
60 012
91 800
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
13 395
10 200
21 908
24 622
After tax
88 605
91 800
80 092
77 378
Living cost
28 593
28 593
28 593
28 593
Free-cash
60 012
63 207
51 499
48 785

Estimated living cost  is ₽28593 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽104267
-₽104267
₽17238
-₽104267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 094
pensions
-
-
-
821
national
-
-
-
10 929
municipal
-
-
-
19 324
total
-
-
-
39 168
Employee
192 440
192 440
192 440
-
labour market
15 373
15 373
15 373
-
municipal
40 979
40 979
40 979
-
national
23 510
23 510
23 510
-
pensions
274
274
274
-
total
80 136
80 136
80 136
-
Employer
192 440
192 440
192 440
-
national
23 551
23 551
23 551
-
labour market
15 395
15 395
15 395
-
pensions
547
547
547
-
municipal
41 044
41 044
41 044
-
total
80 537
80 537
80 537
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
160 673
160 673
160 673
39 168
After tax
-58 673
-58 673
-58 673
62 832
Living cost
45 594
45 594
45 594
45 594
Free-cash
-104 267
-104 267
-104 267
17 238

Estimated living cost  is ₽45594 per week

₽31205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽701
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32434
-₽12394
₽49309
₽5094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
25 398
pensions
-
-
-
3 965
total
-
-
-
32 035
Employee
32 494
-
87 880
-
income
4 458
-
17 457
-
pensions
3 659
-
7 271
-
health
3 721
-
10 062
-
total
11 838
-
34 790
-
Employer
32 494
-
87 880
-
unemployment
796
-
2 153
-
accident
543
-
1 468
-
pensions
5 283
-
10 499
-
total
6 622
-
14 120
-
Corporate
62 884
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.

56 595
91 800
-
-
total
56 595
91 800
-
-
Dividends
6 288
10 200
-
-
withholding
1 195
1 938
-
-
total
1 195
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
76 250
93 738
48 910
32 035
After tax
25 750
8 262
53 090
69 965
Living cost
20 656
20 656
20 656
20 656
Free-cash
5 094
-12 394
32 434
49 309

Estimated living cost  is ₽20656 per week

₽15036
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21127
₽30775
₽35142
₽29419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 173
national
-
-
-
11 018
municipal
-
-
-
18 148
total
-
-
-
30 339
Employee
50 044
-
85 807
-
municipal
8 197
-
14 004
-
national
827
-
6 153
-
pensions
3 377
-
5 792
-
health
374
-
924
-
unemployment
751
-
1 287
-
total
13 526
-
28 160
-
Employer
50 044
-
85 807
-
unemployment
325
-
558
-
health
384
-
661
-
accident
51
-
87
-
pensions
8 682
-
14 888
-
total
9 442
-
16 194
-
Corporate
42 513
102 000
-
-
income
8 502
20 399
-
-
total
8 502
20 399
-
-
Dividends

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

25 509
61 201
-
-
national
-
3 291
-
-
municipal
4 592
11 016
-
-
total
4 592
14 307
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 062
34 706
44 354
30 339
After tax
65 938
67 294
57 646
71 661
Living cost
36 519
36 519
36 519
36 519
Free-cash
29 419
30 775
21 127
35 142

Estimated living cost  is ₽36519 per week

₽23854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49294
₽52601
₽49762
₽47424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 390
health
-
-
-
2 601
income
-
-
-
12 224
total
-
-
-
30 215
Employee
73 142
73 142
92 601
-
social contributions
2 765
6 070
7 686
-
income
7 964
6 771
12 024
-
health
567
1 244
1 574
-
total
11 296
14 085
21 284
-
Employer
73 142
73 142
92 601
-
health
616
1 354
1 713
-
social contributions
2 765
6 070
7 686
-
total
3 381
7 424
9 399
-
Corporate
65 300
21 433
-
-
income
8 163
2 679
-
-
total
8 163
2 679
-
-
Dividends
57 138
18 755
-
-
withholding
9 713
3 188
-
-
total
9 713
3 188
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 553
27 376
30 683
30 215
After tax
69 447
74 624
71 317
71 785
Living cost
22 023
22 023
22 023
22 023
Free-cash
47 424
52 601
49 294
49 762

Estimated living cost  is ₽22023 per week

₽13199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6177
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48462
₽69363
₽67542
₽64526
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
9 836
pensions
-
-
-
6 051
unemployment
-
-
-
27
total
-
-
-
19 356
Employee

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

21 833
-
92 704
-
income
1 493
-
7 479
-
pensions
3 274
-
13 538
-
health
1 856
-
7 672
-
unemployment
108
-
451
-
total
6 731
-
29 140
-
Employer

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

21 833
-
92 704
-
unemployment
108
-
451
-
health
939
-
3 881
-
pensions
1 200
-
4 964
-
total
2 247
-
9 296
-
Corporate
77 919
102 000
-
-
income
7 013
9 181
-
-
total
7 013
9 181
-
-
Dividends
70 907
92 819
-
-
withholding
6 381
8 354
-
-
total
6 381
8 354
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 372
17 535
38 436
19 356
After tax
79 628
84 465
63 564
82 644
Living cost
15 102
15 102
15 102
15 102
Free-cash
64 526
69 363
48 462
67 542

Estimated living cost  is ₽15102 per week

₽9635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27232
₽42552
₽29200
₽37562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
20 194
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
46 643
Employee
35 171
-
77 343
-
income
6 781
-
19 041
-
other
34
-
78
-
pensions
1 653
-
3 635
-
unemployment
545
-
1 199
-
total
9 013
-
23 953
-
Employer
35 171
-
77 343
-
other
282
-
619
-
unemployment
1 935
-
4 255
-
accident
697
-
1 531
-
pensions
8 300
-
18 253
-
total
11 214
-
24 658
-
Corporate
55 616
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.

8 343
15 300
-
-
total
8 343
15 300
-
-
Dividends
47 273
86 700
-
-
withholding
9 711
17 991
-
-
total
9 711
17 991
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 281
33 291
48 611
46 643
After tax
63 719
68 709
53 389
55 357
Living cost
26 157
26 157
26 157
26 157
Free-cash
37 562
42 552
27 232
29 200

Estimated living cost  is ₽26157 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63379
₽61886
₽63503
₽61596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
932
income
-
-
-
34 518
pensions
-
-
-
1 285
total
-
-
-
36 735
Employee
2 683
-
100 554
-
income
519
-
34 450
-
pensions
242
-
578
-
health
134
-
321
-
unemployment
27
-
64
-
total
922
-
35 413
-
Employer
2 683
-
100 554
-
unemployment
54
-
129
-
health
255
-
610
-
pensions
295
-
707
-
total
604
-
1 446
-
Corporate
98 713
102 000
-
-
income
21 717
22 440
-
-
total
21 717
22 440
-
-
Dividends
76 996
79 560
-
-
withholding
15 399
15 912
-
-
total
15 399
15 912
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 642
38 352
36 859
36 735
After tax
63 358
63 648
65 141
65 265
Living cost
1 762
1 762
1 762
1 762
Free-cash
61 596
61 886
63 379
63 503

Estimated living cost  is ₽1762 per week

₽1047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38400
₽57277
₽38398
₽52605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 227
income
-
-
-
20 663
pensions
-
-
-
18 242
unemployment
-
-
-
1 052
total
-
-
-
47 184
Employee

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

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

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

24 757
-
89 441
-
income
3 413
-
20 663
-
pensions
3 466
-
9 822
-
health
1 275
-
3 613
-
unemployment
186
-
526
-
total
8 340
-
34 624
-
Employer

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

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

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

24 757
-
89 441
-
unemployment
186
-
526
-
health
1 275
-
3 613
-
pensions
2 971
-
8 419
-
total
4 432
-
12 558
-
Corporate
72 811
102 000
-
-
income
10 922
15 300
-
-
total
10 922
15 300
-
-
Dividends
61 889
86 700
-
-
withholding
9 283
13 005
-
-
total
9 283
13 005
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 977
28 305
47 182
47 184
After tax
69 023
73 695
54 818
54 816
Living cost
16 418
16 418
16 418
16 418
Free-cash
52 605
57 277
38 400
38 398

Estimated living cost  is ₽16418 per week

₽11054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1270
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.
₽3619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25454
₽32373
₽31070
₽32030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
35 444
income
-
-
-
9 842
surtax
-
-
-
-
total
-
-
-
45 286
Employee
36 918
-
82 424
-
surtax
-
-
-
-
social contributions
4 061
-
9 067
-
income
7 214
-
22 259
-
total
11 275
-
31 326
-
Employer
36 918
-
82 424
-
social contributions
8 767
-
19 576
-
total
8 767
-
19 576
-
Corporate
56 315
102 000
-
-
surtax
-
-
-
-
income
11 827
21 421
-
-
total
11 827
21 421
-
-
Dividends
44 488
80 579
-
-
withholding
12 457
22 562
-
-
total
12 457
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 326
43 983
50 902
45 286
After tax
57 674
58 017
51 098
56 714
Living cost
25 644
25 644
25 644
25 644
Free-cash
32 030
32 373
25 454
31 070

Estimated living cost  is ₽25644 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19960
₽35280
₽21928
₽28027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
20 194
pensions
-
-
-
24 950
unemployment
-
-
-
617
total
-
-
-
46 643
Employee
45 938
-
77 343
-
income
9 595
-
19 041
-
other
45
-
78
-
pensions
2 159
-
3 635
-
unemployment
711
-
1 199
-
total
12 510
-
23 953
-
Employer
45 938
-
77 343
-
other
368
-
619
-
unemployment
2 527
-
4 255
-
accident
910
-
1 531
-
pensions
10 841
-
18 253
-
total
14 646
-
24 658
-
Corporate
41 415
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.

6 213
15 300
-
-
total
6 213
15 300
-
-
Dividends
35 202
86 700
-
-
withholding
7 175
17 991
-
-
total
7 175
17 991
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 544
33 291
48 611
46 643
After tax
61 456
68 709
53 389
55 357
Living cost
33 429
33 429
33 429
33 429
Free-cash
28 027
35 280
19 960
21 928

Estimated living cost  is ₽33429 per week

₽24007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65002
₽70994
₽61692
₽65248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 787
income
-
-
-
15 300
pensions

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

-
-
-
4 873
unemployment
-
-
-
132
total
-
-
-
24 092
Employee
21 472
-
95 540
-
income
2 148
-
9 554
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 885
-
2 891
-
health
988
-
1 515
-
total
5 257
-
14 322
-
Employer
21 472
-
95 540
-
unemployment
129
-
198
-
health
1 482
-
2 272
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

2 366
-
3 628
-
total
4 213
-
6 460
-
Corporate
76 315
102 000
-
-
income
7 632
10 200
-
-
total
7 632
10 200
-
-
Dividends
68 684
91 800
-
-
withholding
3 434
4 590
-
-
total
3 434
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 536
14 790
20 782
24 092
After tax
81 464
87 210
81 218
77 908
Living cost
16 216
16 216
16 216
16 216
Free-cash
65 248
70 994
65 002
61 692

Estimated living cost  is ₽16216 per week

₽10725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34985
₽15880
₽26694
₽28324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 498
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.

-
-
-
22 554
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.

-
-
-
1 240
trade
-
-
-
8 291
total
-
-
-
38 583
Employee

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

47 328
-
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.

215
-
1 240
-
income

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

3 892
-
22 554
-
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.

6 498
-
6 498
-
total
10 605
-
30 292
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 672
102 000
-
-
chamber of commerce
224
294
-
-
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.

451
841
-
-
trade
7 845
14 637
-
-
income
8 200
15 300
-
-
total
16 720
31 072
-
-
Dividends
37 952
70 928
-
-
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.

502
955
-
-
withholding
9 126
17 370
-
-
total
9 628
18 325
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 953
49 397
30 292
38 583
After tax
65 047
52 603
71 708
63 417
Living cost
36 723
36 723
36 723
36 723
Free-cash
28 324
15 880
34 985
26 694

Estimated living cost  is ₽36723 per week

₽25332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13522
₽17217
₽13522
₽19317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 078
social contributions
-
-
-
9 216
total
-
-
-
34 294
Employee
74 405
-
102 000
-
income
14 040
-
25 078
-
social contributions
6 181
-
9 216
-
total
20 221
-
34 294
-
Employer
74 405
-
102 000
-
total
-
-
-
-
Corporate
27 595
102 000
-
-
income
3 449
12 749
-
-
total
3 449
12 749
-
-
Dividends
24 146
89 251
-
-
withholding
4 829
17 850
-
-
total
4 829
17 850
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 499
30 599
34 294
34 294
After tax
73 501
71 401
67 706
67 706
Living cost
54 184
54 184
54 184
54 184
Free-cash
19 317
17 217
13 522
13 522

Estimated living cost  is ₽54184 per week

₽41222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40490
₽26745
₽34514
₽30070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 076
health

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

-
-
-
5 881
total
-
-
-
32 957
Employee
43 635
-
97 625
-
income
4 735
-
18 231
-
social contributions
4 372
-
4 375
-
total
9 107
-
22 606
-
Employer
43 635
-
97 625
-
social contributions
4 372
-
4 375
-
total
4 372
-
4 375
-
Corporate
53 993
102 000
-
-
income
18 897
35 701
-
-
total
18 897
35 701
-
-
Dividends
35 096
66 299
-
-
social contributions
5 025
5 025
-
-
total
5 025
5 025
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 401
40 726
26 981
32 957
After tax
64 599
61 274
75 019
69 043
Living cost
34 529
34 529
34 529
34 529
Free-cash
30 070
26 745
40 490
34 514

Estimated living cost  is ₽34529 per week

₽22744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28226
₽38600
₽37357
₽35949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 287
pensions
-
-
-
7 219
total
-
-
-
29 506
Employee
48 230
-
89 700
-
income
8 783
-
16 200
-
health
629
-
1 479
-
pensions
3 681
-
8 658
-
total
13 093
-
26 337
-
Employer
48 230
-
89 700
-
health
917
-
1 704
-
pensions
4 873
-
10 596
-
total
5 790
-
12 300
-
Corporate
47 980
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.

9 116
19 381
-
-
total
9 116
19 381
-
-
Dividends
38 864
82 619
-
-
withholding
2 915
8 882
-
-
total
2 915
8 882
-
-
Income
102 000
102 000
102 000
102 000
Total tax
30 914
28 263
38 637
29 506
After tax
71 086
73 737
63 363
72 494
Living cost
35 137
35 137
35 137
35 137
Free-cash
35 949
38 600
28 226
37 357

Estimated living cost  is ₽35137 per week

₽24104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽30388
-₽14440
₽47263
₽4780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
353
health
-
-
-
2 078
accident
-
-
-
241
income
-
-
-
25 398
pensions
-
-
-
3 965
total
-
-
-
32 035
Employee
35 710
-
87 880
-
income
4 899
-
17 457
-
pensions
4 021
-
7 271
-
health
4 089
-
10 062
-
total
13 009
-
34 790
-
Employer
35 710
-
87 880
-
unemployment
875
-
2 153
-
accident
596
-
1 468
-
pensions
5 806
-
10 499
-
total
7 277
-
14 120
-
Corporate
59 012
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.

53 111
91 800
-
-
total
53 111
91 800
-
-
Dividends
5 901
10 200
-
-
withholding
1 121
1 938
-
-
total
1 121
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
74 518
93 738
48 910
32 035
After tax
27 482
8 262
53 090
69 965
Living cost
22 702
22 702
22 702
22 702
Free-cash
4 780
-14 440
30 388
47 263

Estimated living cost  is ₽22702 per week

₽16660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52460
₽73005
₽45292
₽69255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 830
health insurance
-
-
-
7 548
work injury
-
-
-
510
pensions
-
-
-
18 768
unemployment
-
-
-
1 224
total
-
-
-
43 880
Employee

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

20 524
-
102 000
-
income
2 052
-
15 830
-
work injury
103
-
380
-
health insurance
1 519
-
5 619
-
pensions
3 776
-
13 972
-
unemployment
246
-
911
-
total
7 696
-
36 712
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 476
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
81 476
100 980
-
-
withholding
12 221
15 147
-
-
total
12 221
15 147
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 917
16 167
36 712
43 880
After tax
82 083
85 833
65 288
58 120
Living cost
12 828
12 828
12 828
12 828
Free-cash
69 255
73 005
52 460
45 292

Estimated living cost  is ₽12828 per week

₽7947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8277
₽15833
₽12942
₽11508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 235
national
-
-
-
22 148
regional
-
-
-
2 100
municipal
-
-
-
682
total
-
-
-
51 165
Employee
80 154
-
102 000
-
social contributions
27 027
-
34 394
-
municipal
478
-
608
-
national
13 545
-
19 047
-
regional
1 210
-
1 781
-
total
42 260
-
55 830
-
Employer
80 154
-
102 000
-
total
-
-
-
-
Corporate
21 846
102 000
-
-
nationa
5 244
24 480
-
-
municipal
1 052
4 917
-
-
total
6 296
29 397
-
-
Dividends
15 550
72 603
-
-
withholding
4 043
18 877
-
-
total
4 043
18 877
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 599
48 274
55 830
51 165
After tax
49 401
53 726
46 170
50 835
Living cost
37 893
37 893
37 893
37 893
Free-cash
11 508
15 833
8 277
12 942

Estimated living cost  is ₽37893 per week

₽26618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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