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
₽33931
₽23210
₽33556
₽43144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 213
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.

-
-
-
6 392
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.

-
-
-
1 257
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.

-
-
-
22 868
total
-
-
-
39 730
Employee

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

35 785
-
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.

55
-
1 257
-
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.

1 000
-
22 868
-
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.

6 392
-
6 392
-
total
7 447
-
30 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 215
102 000
-
-
trade
10 429
16 065
-
-
income
9 932
15 299
-
-
chamber of commerce
238
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.

547
842
-
-
total
21 146
32 495
-
-
Dividends
45 069
69 505
-
-
withholding
10 912
17 020
-
-
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.

600
936
-
-
total
11 512
17 956
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 105
50 451
30 517
39 730
After tax
61 895
51 549
71 483
62 270
Living cost
28 339
28 339
28 339
28 339
Free-cash
33 556
23 210
43 144
33 931

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
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.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11885
₽14091
₽13266
₽12685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 677
pensions
-
-
-
12 240
social contributions
-
-
-
1 096
national
-
-
-
16 545
total
-
-
-
40 558
Employee
76 822
-
88 178
-
municipal
9 489
-
11 072
-
national
14 704
-
17 157
-
pensions
3 073
-
3 527
-
total
27 266
-
31 756
-
Employer
76 822
-
88 178
-
pensions
6 146
-
7 054
-
social contributions
826
-
948
-
total
6 972
-
8 002
-
Corporate
13 136
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%.

2 627
20 400
-
-
total
2 627
20 400
-
-
Dividends
10 509
81 600
-
-
withholding
2 312
17 952
-
-
total
2 312
17 952
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 177
38 352
39 758
40 558
After tax
62 823
63 648
62 242
61 442
Living cost
49 557
49 557
49 557
49 557
Free-cash
13 266
14 091
12 685
11 885

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34890
₽62135
₽54461
₽37929
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
32 793
income
-
-
-
14 852
microenterprise
-
-
-
-
total
-
-
-
47 645
Employee
27 339
-
82 198
-
social contributions

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

3 008
-
9 043
-
surtax
-
-
-
-
income
4 867
-
15 761
-
total
7 875
-
24 804
-
Employer
27 339
-
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.

6 585
-
19 802
-
total
6 585
-
19 802
-
Corporate
68 076
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%.

13 614
20 400
-
-
total
13 614
20 400
-
-
Dividends

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

54 461
81 600
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 074
20 400
44 606
47 645
After tax
73 926
81 600
57 394
54 355
Living cost
19 465
19 465
19 465
19 465
Free-cash
54 461
62 135
37 929
34 890

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18808
₽10368
₽4638
₽12741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
21 499
total
-
-
-
43 998
Employee
79 897
79 897
86 800
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
13 078
-
health
12 263
10 431
10 825
-
total
39 722
34 471
34 865
-
Employer
79 897
79 897
86 800
-
pensions
5 561
5 561
6 042
-
unemployment
2 876
2 876
3 125
-
health
5 554
5 554
6 033
-
total
13 991
13 991
15 200
-
Corporate
9 092
8 112
-
-
income
1 818
1 623
-
-
total
1 818
1 623
-
-
Dividends
7 274
6 489
-
-
withholding
1 092
973
-
-
income
1 545
1 380
-
-
total
2 637
2 353
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 168
52 438
50 065
43 998
After tax
43 832
49 562
51 935
58 002
Living cost
39 194
39 194
39 194
39 194
Free-cash
4 638
10 368
12 741
18 808

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15864
₽17148
₽16282
₽15926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 119
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
-
total
-
-
-
47 592
Employee
54 922
-
77 614
-
municipal
16 378
-
23 144
-
national
-
-
-
-
total
16 378
-
23 144
-
Employer
54 922
-
77 614
-
pensions
5 937
-
8 390
-
other
6 382
-
9 019
-
unemployment
1 450
-
2 049
-
accident
110
-
155
-
health
3 378
-
4 773
-
total
17 257
-
24 386
-
Corporate
29 822
102 000
-
-
income
6 561
22 440
-
-
total
6 561
22 440
-
-
Dividends
23 261
79 560
-
-
withholding
6 978
23 868
-
-
total
6 978
23 868
-
-
Income
102 000
102 000
102 000
102 000
Total tax
47 174
46 308
47 530
47 592
After tax
54 826
55 692
54 470
54 408
Living cost
38 544
38 544
38 544
38 544
Free-cash
16 282
17 148
15 926
15 864

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25105
₽14269
₽27416
₽34728
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 623
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.

-
-
-
6 392
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.

-
-
-
1 257
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.

-
-
-
22 868
total
-
-
-
40 140
Employee

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

47 447
-
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.

224
-
1 257
-
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.

4 077
-
22 868
-
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.

6 392
-
6 392
-
total
10 693
-
30 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 553
102 000
-
-
trade
8 973
16 778
-
-
income
8 183
15 299
-
-
chamber of commerce
220
288
-
-
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.

449
842
-
-
total
17 825
33 207
-
-
Dividends
36 727
68 793
-
-
withholding
8 826
16 842
-
-
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.

485
927
-
-
total
9 311
17 769
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 829
50 976
30 517
40 140
After tax
64 171
51 024
71 483
61 860
Living cost
36 755
36 755
36 755
36 755
Free-cash
27 416
14 269
34 728
25 105

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
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.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41403
₽44269
₽40389
₽40757
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 601
social contributions
-
-
-
15 138
income
-
-
-
12 512
total
-
-
-
30 251
Employee
71 944
71 944
92 601
-
social contributions
3 496
5 971
7 686
-
income
7 555
6 660
12 237
-
health
716
1 223
1 575
-
total
11 767
13 854
21 498
-
Employer
71 944
71 944
92 601
-
social contributions
3 496
5 971
7 686
-
health
779
1 332
1 713
-
total
4 275
7 303
9 399
-
Corporate
55 612
22 754
-
-
income
6 951
2 844
-
-
total
6 951
2 844
-
-
Dividends
48 661
19 909
-
-
withholding
8 272
3 384
-
-
total
8 272
3 384
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 265
27 385
30 897
30 251
After tax
70 735
74 615
71 103
71 749
Living cost
30 346
30 346
30 346
30 346
Free-cash
40 389
44 269
40 757
41 403

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53426
₽40201
₽40561
₽41896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 200
health
-
-
-
7 140
unemployment
-
-
-
1 530
income
-
-
-
12 470
total
-
-
-
31 340
Employee

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

The minimum wage is 138,000 HUF per month.

24 878
9 901
85 356
-
pensions
2 488
990
8 536
-
unemployment
373
149
1 280
-
income
3 041
1 210
10 435
-
health
1 741
693
5 975
-
total
7 643
3 042
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.

24 878
9 901
85 356
-
pensions
4 851
1 931
16 644
-
total
4 851
1 931
16 644
-
Corporate
72 270
90 168
-
-
income
6 504
8 115
-
-
total
6 504
8 115
-
-
Dividends
65 766
82 053
-
-
withholding
12 496
15 590
-
-
social contributions
12 711
15 887
-
-
total
25 207
31 477
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 205
44 565
42 870
31 340
After tax
57 795
57 435
59 130
70 660
Living cost
17 234
17 234
17 234
17 234
Free-cash
40 561
40 201
41 896
53 426

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32075
₽59002
₽53190
₽36193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 400
health
-
-
-
13 259
income
-
-
-
13 668
total
-
-
-
47 327
Employee
26 542
-
76 234
-
pensions
531
-
1 525
-
unemployment
424
-
1 220
-
income
2 988
-
14 698
-
total
3 943
-
17 443
-
Employer
26 542
-
76 234
-
pensions
5 309
-
15 246
-
unemployment
213
-
609
-
health
3 450
-
9 911
-
total
8 972
-
25 766
-
Corporate
66 487
102 000
-
-
income
13 297
20 400
-
-
total
13 297
20 400
-
-
Dividends
53 190
81 600
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
26 212
20 400
43 209
47 327
After tax
75 788
81 600
58 791
54 673
Living cost
22 598
22 598
22 598
22 598
Free-cash
53 190
59 002
36 193
32 075

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
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.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49028
-₽12674
₽5050
₽32163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
25 408
total
-
-
-
32 036
Employee
32 933
-
87 895
-
pensions
3 708
-
7 260
-
income
4 518
-
17 472
-
health
3 771
-
10 064
-
total
11 997
-
34 796
-
Employer
32 933
-
87 895
-
pensions
5 355
-
10 484
-
unemployment
807
-
2 153
-
accident
550
-
1 468
-
total
6 712
-
14 105
-
Corporate
62 355
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.

56 120
91 800
-
-
total
56 120
91 800
-
-
Dividends
6 236
10 200
-
-
withholding
1 185
1 938
-
-
total
1 185
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
76 014
93 738
48 901
32 036
After tax
25 986
8 262
53 099
69 964
Living cost
20 936
20 936
20 936
20 936
Free-cash
5 050
-12 674
32 163
49 028

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93348
₽89268
₽87837
₽73968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 540
-
102 000
-
income
1 908
-
20 400
-
total
1 908
-
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%.

92 460
102 000
-
-
total
-
-
-
-
Dividends
92 460
102 000
-
-
withholding
4 623
5 100
-
-
total
4 623
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
6 531
5 100
20 400
1 020
After tax
95 469
96 900
81 600
100 980
Living cost
7 632
7 632
7 632
7 632
Free-cash
87 837
89 268
73 968
93 348

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30170
₽50009
₽43691
₽34386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
24 480
health
-
-
-
4 488
other
-
-
-
4 845
income
-
-
-
13 087
total
-
-
-
46 900
Employee
33 971
-
81 468
-
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.

2 377
-
5 703
-
unemployment
339
-
815
-
income
5 848
-
14 493
-
health
476
-
1 140
-
total
9 040
-
22 151
-
Employer
33 971
-
81 468
-
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.

5 776
-
13 851
-
other
1 699
-
4 075
-
unemployment
339
-
815
-
accident
272
-
652
-
health
476
-
1 140
-
total
8 562
-
20 533
-
Corporate
59 468
102 000
-
-
income
12 489
21 420
-
-
total
12 489
21 420
-
-
Dividends
46 979
80 580
-
-
withholding
3 288
5 641
-
-
total
3 288
5 641
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 379
27 061
42 684
46 900
After tax
68 621
74 939
59 316
55 100
Living cost
24 930
24 930
24 930
24 930
Free-cash
43 691
50 009
34 386
30 170

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10713
₽11797
₽2396
₽1425
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 067
income
-
-
-
22 806
total
-
-
-
29 873
Employee
86 891
-
89 656
-
pensions
8 383
-
8 714
-
income
15 663
-
16 614
-
health
1 432
-
1 488
-
total
25 478
-
26 816
-
Employer
86 891
-
89 656
-
pensions
10 259
-
10 642
-
health
1 650
-
1 703
-
total
11 909
-
12 345
-
Corporate
3 199
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.

609
19 380
-
-
total
609
19 380
-
-
Dividends
2 590
82 620
-
-
withholding
194
9 409
-
-
total
194
9 409
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 190
28 789
39 161
29 873
After tax
63 810
73 211
62 839
72 127
Living cost
61 414
61 414
61 414
61 414
Free-cash
2 396
11 797
1 425
10 713

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65708
₽74944
₽70599
₽69033
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
15 300
total
-
-
-
24 026
Employee
16 242
-
95 588
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
9 559
-
health
747
-
1 503
-
total
3 976
-
14 290
-
Employer
16 242
-
95 588
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
82 570
102 000
-
-
income
8 257
10 200
-
-
total
8 257
10 200
-
-
Dividends
74 313
91 800
-
-
withholding
3 715
4 590
-
-
total
3 715
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 135
14 790
20 701
24 026
After tax
82 865
87 210
81 299
77 974
Living cost
12 266
12 266
12 266
12 266
Free-cash
70 599
74 944
69 033
65 708

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6121
-₽2319
₽34
₽54
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
21 499
total
-
-
-
43 998
Employee
86 743
79 897
86 800
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
13 078
-
health
10 822
10 431
10 825
-
total
34 862
34 471
34 865
-
Employer
86 743
79 897
86 800
-
pensions
6 037
5 561
6 042
-
unemployment
3 123
2 876
3 125
-
health
6 028
5 554
6 033
-
total
15 188
13 991
15 200
-
Corporate
70
8 112
-
-
income
14
1 623
-
-
total
14
1 623
-
-
Dividends
56
6 489
-
-
withholding
9
973
-
-
income
12
1 380
-
-
total
21
2 353
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 085
52 438
50 065
43 998
After tax
51 915
49 562
51 935
58 002
Living cost
51 881
51 881
51 881
51 881
Free-cash
34
-2 319
54
6 121

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26439
₽46987
₽38695
₽28521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 770
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
income
-
-
-
8 767
total
-
-
-
52 321
Employee
34 177
-
76 119
-
social contributions
2 222
-
4 948
-
income
4 101
-
9 134
-
solidarity contribution
-
-
-
-
health
4 614
-
10 276
-
total
10 937
-
24 358
-
Employer
34 177
-
76 119
-
social contributions
8 544
-
19 030
-
health
3 076
-
6 851
-
total
11 620
-
25 881
-
Corporate
56 203
102 000
-
-
income
10 679
19 380
-
-
total
10 679
19 380
-
-
Dividends
45 524
82 620
-
-
withholding
6 829
12 393
-
-
total
6 829
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 065
31 773
50 239
52 321
After tax
61 935
70 227
51 761
49 679
Living cost
23 240
23 240
23 240
23 240
Free-cash
38 695
46 987
28 521
26 439

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
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.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12283
₽14942
₽10057
₽7429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
605
regional
-
-
-
1 140
social contributions
-
-
-
26 235
national
-
-
-
22 258
total
-
-
-
50 238
Employee
83 151
-
102 000
-
social contributions
28 039
-
34 395
-
municipal
440
-
542
-
regional
785
-
999
-
national
14 408
-
19 156
-
total
43 672
-
55 092
-
Employer
83 151
-
102 000
-
total
-
-
-
-
Corporate
18 849
102 000
-
-
nationa
4 524
24 480
-
-
municipal
735
3 979
-
-
total
5 259
28 459
-
-
Dividends
13 590
73 541
-
-
withholding
3 533
19 120
-
-
total
3 533
19 120
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 464
47 579
55 092
50 238
After tax
49 536
54 421
46 908
51 762
Living cost
39 479
39 479
39 479
39 479
Free-cash
10 057
14 942
7 429
12 283

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
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.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30686
₽43511
₽40602
₽28979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 400
health
-
-
-
7 240
surtax
-
-
-
2 589
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
20 226
total
-
-
-
50 668
Employee
30 940
-
84 263
-
surtax
101
-
2 329
-
pensions
2 063
-
5 621
-
other
-
-
-
-
unemployment
2 154
-
5 864
-
income
5 186
-
18 676
-
health
790
-
2 148
-
total
10 294
-
34 638
-
Employer
30 940
-
84 263
-
pensions
4 124
-
11 232
-
other
-
-
-
-
unemployment
980
-
2 670
-
health
1 408
-
3 835
-
total
6 512
-
17 737
-
Corporate
64 547
102 000
-
-
income
16 782
26 521
-
-
total
16 782
26 521
-
-
Dividends
47 766
75 479
-
-
withholding
7 164
11 322
-
-
total
7 164
11 322
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 752
37 843
52 375
50 668
After tax
61 248
64 157
49 625
51 332
Living cost
20 646
20 646
20 646
20 646
Free-cash
40 602
43 511
28 979
30 686

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30171
₽31255
₽27242
₽20883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 067
income
-
-
-
22 806
total
-
-
-
29 873
Employee
58 232
-
89 656
-
pensions
4 943
-
8 714
-
income
10 488
-
16 614
-
health
845
-
1 488
-
total
16 276
-
26 816
-
Employer
58 232
-
89 656
-
pensions
6 304
-
10 642
-
health
1 106
-
1 703
-
total
7 410
-
12 345
-
Corporate
36 358
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.

6 908
19 380
-
-
total
6 908
19 380
-
-
Dividends
29 450
82 620
-
-
withholding
2 208
9 409
-
-
total
2 208
9 409
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 802
28 789
39 161
29 873
After tax
69 198
73 211
62 839
72 127
Living cost
41 956
41 956
41 956
41 956
Free-cash
27 242
31 255
20 883
30 171

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10272
-₽28021
₽3923
₽5211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 613
city
-
-
-
1 076
pensions
-
-
-
9 385
health
-
-
-
244
other

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

-
-
-
2 040
national
-
-
-
707
total
-
-
-
17 065
Employee
87 375
-
91 296
-
regional
2 861
-
3 074
-
national
414
-
498
-
pensions
7 341
-
7 669
-
unemployment
-
-
-
-
city
938
-
980
-
health
198
-
205
-
total
11 752
-
12 426
-
Employer
87 375
-
91 296
-
pensions
7 341
-
7 669
-
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.

1 747
-
1 826
-
unemployment
-
-
-
-
health
198
-
205
-
total
9 286
-
9 700
-
Corporate
4 379
102 000
-
-
regional
926
21 573
-
-
national
372
8 670
-
-
total
1 298
30 243
-
-
Dividends
3 081
71 757
-
-
withholding
1 078
25 115
-
-
total
1 078
25 115
-
-
Income
102 000
102 000
102 000
102 000
Total tax
23 414
55 358
22 126
17 065
After tax
78 586
46 642
79 874
84 935
Living cost
74 663
74 663
74 663
74 663
Free-cash
3 923
-28 021
5 211
10 272

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18589
₽7639
₽22811
₽28622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 033
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.

-
-
-
6 392
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.

-
-
-
1 257
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.

-
-
-
22 868
total
-
-
-
40 550
Employee

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

56 228
-
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.

364
-
1 257
-
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.

6 612
-
22 868
-
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.

6 392
-
6 392
-
total
13 368
-
30 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 772
102 000
-
-
trade
7 849
17 492
-
-
income
6 866
15 299
-
-
chamber of commerce
206
286
-
-
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.

378
842
-
-
total
15 299
33 919
-
-
Dividends
30 472
68 081
-
-
withholding
7 262
16 665
-
-
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.

399
916
-
-
total
7 661
17 581
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 328
51 500
30 517
40 550
After tax
65 672
50 500
71 483
61 450
Living cost
42 861
42 861
42 861
42 861
Free-cash
22 811
7 639
28 622
18 589

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
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.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26487
₽19399
₽24923
₽30980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 174
health
-
-
-
2 353
surtax
-
-
-
-
other
-
-
-
3 162
social contributions
-
-
-
2 906
income
-
-
-
10 908
total
-
-
-
43 503
Employee
40 043
-
82 349
-
social contributions
1 142
-
2 347
-
surtax
-
-
-
-
pensions
4 528
-
4 226
-
income
2 363
-
12 790
-
total
8 033
-
19 363
-
Employer
40 043
-
82 349
-
pensions
6 578
-
7 381
-
social contributions
121
-
247
-
other
1 381
-
2 841
-
unemployment
1 621
-
3 334
-
health
2 804
-
5 844
-
total
12 505
-
19 647
-
Corporate
49 453
102 000
-
-
income
13 847
28 561
-
-
surtax
-
-
-
-
total
13 847
28 561
-
-
Dividends
35 606
73 439
-
-
withholding
4 558
9 399
-
-
surtax
-
-
-
-
social contributions
6 124
12 631
-
-
total
10 682
22 030
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 067
50 591
39 010
43 503
After tax
56 933
51 409
62 990
58 497
Living cost
32 010
32 010
32 010
32 010
Free-cash
24 923
19 399
30 980
26 487

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29658
₽22570
₽27767
₽34151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 174
health
-
-
-
2 353
surtax
-
-
-
-
other
-
-
-
3 162
social contributions
-
-
-
2 906
income
-
-
-
10 908
total
-
-
-
43 503
Employee
35 744
-
82 349
-
social contributions
1 019
-
2 347
-
surtax
-
-
-
-
pensions
4 043
-
4 226
-
income
1 843
-
12 790
-
total
6 905
-
19 363
-
Employer
35 744
-
82 349
-
pensions
5 873
-
7 381
-
social contributions
107
-
247
-
other
1 234
-
2 841
-
unemployment
1 447
-
3 334
-
health
2 502
-
5 844
-
total
11 163
-
19 647
-
Corporate
55 094
102 000
-
-
income
15 425
28 561
-
-
surtax
-
-
-
-
total
15 425
28 561
-
-
Dividends
39 668
73 439
-
-
withholding
5 078
9 399
-
-
surtax
-
-
-
-
social contributions
6 823
12 631
-
-
total
11 901
22 030
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 394
50 591
39 010
43 503
After tax
56 606
51 409
62 990
58 497
Living cost
28 839
28 839
28 839
28 839
Free-cash
27 767
22 570
34 151
29 658

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
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.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45666
₽42390
₽42876
₽45406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 120
social contributions
-
-
-
14 076
income
-
-
-
15 299
total
-
-
-
36 495
Employee
31 723
-
102 000
-
social contributions
4 378
-
14 076
-
income
5 291
-
15 559
-
health
2 214
-
7 120
-
total
11 883
-
36 755
-
Employer
31 723
-
102 000
-
total
-
-
-
-
Corporate
70 277
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%.

3 514
5 099
-
-
total
3 514
5 099
-
-
Dividends
66 764
96 901
-
-
withholding
10 014
14 536
-
-
social contributions
9 213
13 373
-
-
health
4 661
6 763
-
-
total
23 888
34 672
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 285
39 771
36 755
36 495
After tax
62 715
62 229
65 245
65 505
Living cost
19 839
19 839
19 839
19 839
Free-cash
42 876
42 390
45 406
45 666

Estimated living cost  is ₽19839 per week

₽13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17988
₽24068
₽22620
-₽3104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 870
health
-
-
-
7 803
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
18 041
chamber of commerce
-
-
-
408
total
-
-
-
51 045
Employee
46 757
37 285
79 061
-
pensions
4 789
3 817
8 096
-
other
467
373
790
-
unemployment
1 403
1 119
2 372
-
income
5 323
2 750
16 006
-
health
1 809
1 443
3 059
-
total
13 791
9 502
30 323
-
Employer
46 757
37 285
79 061
-
payroll
1 403
1 119
2 372
-
chamber of commerce
186
149
316
-
pensions
5 868
4 680
9 921
-
surtax
185
185
185
-
other
2 221
1 770
3 755
-
unemployment
1 403
1 119
2 372
-
accident
607
485
1 028
-
health
1 767
1 410
2 988
-
total
13 640
10 917
22 937
-
Corporate
41 603
53 799
75 511
-
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.

10 401
13 449
18 877
-
total
10 401
13 449
18 877
-
Dividends
31 202
40 350
-
-
withholding
8 581
11 097
-
-
total
8 581
11 097
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 413
44 965
72 137
51 045
After tax
55 587
57 035
29 863
50 955
Living cost
32 967
32 967
32 967
32 967
Free-cash
22 620
24 068
-3 104
17 988

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12763
₽23061
₽9030
₽5143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 368
communal

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

-
-
-
5 138
national
-
-
-
33 617
total
-
-
-
55 123
Employee

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

66 925
-
79 002
-
national
20 575
-
25 298
-
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.

5 019
-
5 925
-
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.

582
-
687
-
communal

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

3 491
-
4 121
-
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.

3 144
-
3 714
-
total
32 811
-
39 745
-
Employer

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

66 925
-
79 002
-
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.

5 930
-
6 999
-
surtax
7 588
-
8 959
-
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.

977
-
1 154
-
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.

870
-
1 026
-
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.

4 116
-
4 860
-
total
19 481
-
22 998
-
Corporate
15 595
102 000
-
-
income
3 120
20 400
-
-
surtax
62
408
-
-
total
3 182
20 808
-
-
Dividends
12 413
81 191
-
-
withholding

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

3 382
24 017
-
-
total
3 382
24 017
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 856
44 825
62 743
55 123
After tax
43 144
57 175
39 257
46 877
Living cost
34 114
34 114
34 114
34 114
Free-cash
9 030
23 061
5 143
12 763

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21714
₽34917
₽27464
₽19478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
20 481
total
-
-
-
46 497
Employee
46 572
-
77 342
-
pensions
2 189
-
3 634
-
other
46
-
78
-
unemployment
723
-
1 198
-
income
9 826
-
19 167
-
total
12 784
-
24 077
-
Employer
46 572
-
77 342
-
pensions
10 990
-
18 252
-
other
371
-
618
-
unemployment
2 562
-
4 254
-
accident
921
-
1 532
-
total
14 844
-
24 656
-
Corporate
40 583
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.

6 088
15 299
-
-
total
6 088
15 299
-
-
Dividends
34 495
86 701
-
-
withholding
7 031
17 995
-
-
total
7 031
17 995
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 747
33 294
48 733
46 497
After tax
61 253
68 706
53 267
55 503
Living cost
33 789
33 789
33 789
33 789
Free-cash
27 464
34 917
19 478
21 714

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6362
₽11285
₽4499
₽10668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 289
health
-
-
-
7 166
surtax
-
-
-
5 057
accident
-
-
-
859
communal
-
-
-
6 447
income
-
-
-
9 975
total
-
-
-
44 793
Employee
70 853
-
91 113
-
surtax
4 343
-
5 584
-
pensions
5 667
-
7 288
-
income
6 844
-
12 675
-
health
3 153
-
4 053
-
total
20 007
-
29 600
-
Employer
70 853
-
91 113
-
pensions
5 667
-
7 288
-
accident
637
-
820
-
health
2 161
-
2 779
-
total
8 465
-
10 887
-
Corporate
22 682
102 000
-
-
communal
-
6 885
-
-
income
3 402
15 299
-
-
surtax
238
1 071
-
-
total
3 640
23 255
-
-
Dividends
19 042
78 745
-
-
withholding
2 857
11 812
-
-
income
11 687
4 803
-
-
total
14 544
16 615
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 656
39 870
40 487
44 793
After tax
55 344
62 130
61 513
57 207
Living cost
50 845
50 845
50 845
50 845
Free-cash
4 499
11 285
10 668
6 362

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
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.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30317
₽43142
₽40167
₽28610
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 400
health
-
-
-
7 240
surtax
-
-
-
2 589
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
20 226
total
-
-
-
50 668
Employee
31 508
-
84 263
-
surtax
112
-
2 329
-
pensions
2 102
-
5 621
-
other
-
-
-
-
unemployment
2 193
-
5 864
-
income
5 282
-
18 676
-
health
804
-
2 148
-
total
10 493
-
34 638
-
Employer
31 508
-
84 263
-
pensions
4 201
-
11 232
-
other
-
-
-
-
unemployment
1 000
-
2 670
-
health
1 433
-
3 835
-
total
6 634
-
17 737
-
Corporate
63 859
102 000
-
-
income
16 603
26 521
-
-
total
16 603
26 521
-
-
Dividends
47 256
75 479
-
-
withholding
7 088
11 322
-
-
total
7 088
11 322
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 818
37 843
52 375
50 668
After tax
61 182
64 157
49 625
51 332
Living cost
21 015
21 015
21 015
21 015
Free-cash
40 167
43 142
28 610
30 317

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26161
₽28410
₽26335
₽21331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
605
regional
-
-
-
1 538
social contributions
-
-
-
26 235
national
-
-
-
22 258
total
-
-
-
50 636
Employee
51 900
-
102 000
-
social contributions
17 501
-
34 395
-
municipal
275
-
542
-
regional
699
-
1 373
-
national
8 222
-
19 156
-
total
26 697
-
55 466
-
Employer
51 900
-
102 000
-
total
-
-
-
-
Corporate
50 100
102 000
-
-
nationa
12 024
24 480
-
-
municipal
2 489
5 069
-
-
total
14 513
29 549
-
-
Dividends
35 588
72 450
-
-
withholding
9 252
18 838
-
-
total
9 252
18 838
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 462
48 387
55 466
50 636
After tax
51 538
53 613
46 534
51 364
Living cost
25 203
25 203
25 203
25 203
Free-cash
26 335
28 410
21 331
26 161

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21041
₽41589
₽31372
₽23123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 770
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
income
-
-
-
8 767
total
-
-
-
52 321
Employee
42 115
-
76 119
-
social contributions
2 737
-
4 948
-
income
5 054
-
9 134
-
solidarity contribution
-
-
-
-
health
5 686
-
10 276
-
total
13 477
-
24 358
-
Employer
42 115
-
76 119
-
social contributions
10 529
-
19 030
-
health
3 790
-
6 851
-
total
14 319
-
25 881
-
Corporate
45 566
102 000
-
-
income
8 658
19 380
-
-
total
8 658
19 380
-
-
Dividends
36 908
82 620
-
-
withholding
5 536
12 393
-
-
total
5 536
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 990
31 773
50 239
52 321
After tax
60 010
70 227
51 761
49 679
Living cost
28 638
28 638
28 638
28 638
Free-cash
31 372
41 589
23 123
21 041

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21291
₽27287
₽26826
₽43
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 870
health
-
-
-
7 803
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
18 041
chamber of commerce
-
-
-
408
total
-
-
-
50 860
Employee
40 898
37 285
79 206
-
pensions
4 188
3 817
8 110
-
other
408
373
792
-
unemployment
1 227
1 119
2 376
-
income
3 643
2 750
16 058
-
health
1 582
1 443
3 064
-
total
11 048
9 502
30 400
-
Employer
40 898
37 285
79 206
-
payroll
1 227
1 119
2 376
-
chamber of commerce
163
149
316
-
pensions
5 133
4 680
9 941
-
surtax
-
-
-
-
other
1 942
1 770
3 762
-
unemployment
1 227
1 119
2 376
-
accident
531
485
1 030
-
health
1 546
1 410
2 993
-
total
11 769
10 732
22 794
-
Corporate
49 332
53 984
75 655
-
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.

12 333
13 496
18 914
-
total
12 333
13 496
18 914
-
Dividends
37 000
40 488
-
-
withholding
10 175
11 134
-
-
total
10 175
11 134
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 325
44 864
72 108
50 860
After tax
56 675
57 136
29 892
51 140
Living cost
29 849
29 849
29 849
29 849
Free-cash
26 826
27 287
43
21 291

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89087
₽85007
₽82777
₽69707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 866
-
102 000
-
income
2 973
-
20 400
-
total
2 973
-
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%.

87 134
102 000
-
-
total
-
-
-
-
Dividends
87 134
102 000
-
-
withholding
4 357
5 100
-
-
total
4 357
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
7 330
5 100
20 400
1 020
After tax
94 670
96 900
81 600
100 980
Living cost
11 893
11 893
11 893
11 893
Free-cash
82 777
85 007
69 707
89 087

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27307
₽45133
₽37304
₽24384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 628
health
-
-
-
10 037
unemployment
-
-
-
153
income
-
-
-
20 780
total
-
-
-
49 598
Employee

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

41 373
-
88 258
-
pensions
6 413
-
13 680
-
unemployment
59
-
124
-
income
7 135
-
19 274
-
health
2 672
-
5 701
-
total
16 279
-
38 779
-
Employer

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

41 373
-
88 258
-
pensions
3 661
-
7 810
-
unemployment
25
-
53
-
health
2 756
-
5 879
-
total
6 442
-
13 742
-
Corporate
54 186
102 000
-
-
income
10 296
19 379
-
-
total
10 296
19 379
-
-
Dividends
43 890
82 621
-
-
withholding
6 584
12 393
-
-
total
6 584
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 601
31 772
52 521
49 598
After tax
62 399
70 228
49 479
52 402
Living cost
25 095
25 095
25 095
25 095
Free-cash
37 304
45 133
24 384
27 307

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29688
₽21255
-₽38995
₽48758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
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
100 193
39 943
12 440
31 510
After tax
1 807
62 057
89 560
70 490
Living cost
40 802
40 802
40 802
40 802
Free-cash
-38 995
21 255
48 758
29 688

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27293
₽28670
₽27729
₽21577
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
35 444
income
-
-
-
9 916
total
-
-
-
45 360
Employee
43 031
-
82 423
-
social contributions
4 733
-
9 067
-
surtax
-
-
-
-
income
8 951
-
22 434
-
total
13 684
-
31 501
-
Employer
43 031
-
82 423
-
social contributions
10 220
-
19 575
-
total
10 220
-
19 575
-
Corporate
48 750
102 000
-
-
income
10 237
21 420
-
-
surtax
-
-
-
-
total
10 237
21 420
-
-
Dividends
38 512
80 580
-
-
withholding
10 783
22 563
-
-
total
10 783
22 563
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 924
43 983
51 076
45 360
After tax
57 076
58 017
50 924
56 640
Living cost
29 347
29 347
29 347
29 347
Free-cash
27 729
28 670
21 577
27 293

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13308
₽6220
₽12653
₽17801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 174
health
-
-
-
2 353
surtax
-
-
-
-
other
-
-
-
3 162
social contributions
-
-
-
2 906
income
-
-
-
10 908
total
-
-
-
43 503
Employee
58 599
-
82 349
-
social contributions
1 669
-
2 347
-
surtax
-
-
-
-
pensions
6 628
-
4 226
-
income
5 113
-
12 790
-
total
13 410
-
19 363
-
Employer
58 599
-
82 349
-
pensions
9 628
-
7 381
-
social contributions
176
-
247
-
other
2 022
-
2 841
-
unemployment
2 374
-
3 334
-
health
4 101
-
5 844
-
total
18 301
-
19 647
-
Corporate
25 099
102 000
-
-
income
7 027
28 561
-
-
surtax
-
-
-
-
total
7 027
28 561
-
-
Dividends
18 072
73 439
-
-
withholding
2 313
9 399
-
-
surtax
-
-
-
-
social contributions
3 107
12 631
-
-
total
5 420
22 030
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 158
50 591
39 010
43 503
After tax
57 842
51 409
62 990
58 497
Living cost
45 189
45 189
45 189
45 189
Free-cash
12 653
6 220
17 801
13 308

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49162
₽63676
₽60533
₽51871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 440
income
-
-
-
2 274
total
-
-
-
24 714
Employee
30 079
-
88 311
-
social contributions
1 955
-
5 740
-
income
-
-
2 576
-
total
1 955
-
8 316
-
Employer
30 079
-
88 311
-
social contributions
4 662
-
13 689
-
total
4 662
-
13 689
-
Corporate
67 259
102 000
-
-
income
6 726
10 200
-
-
total
6 726
10 200
-
-
Dividends
60 533
91 800
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
13 343
10 200
22 005
24 714
After tax
88 657
91 800
79 995
77 286
Living cost
28 124
28 124
28 124
28 124
Free-cash
60 533
63 676
51 871
49 162

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
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.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17750
-₽101622
-₽101622
-₽101622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 388
pensions
-
-
-
810
labour market
-
-
-
8 095
national
-
-
-
10 948
total
-
-
-
39 241
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
158 613
158 613
158 613
39 241
After tax
-56 613
-56 613
-56 613
62 759
Living cost
45 009
45 009
45 009
45 009
Free-cash
-101 622
-101 622
-101 622
17 750

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49337
-₽12365
₽5098
₽32472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
25 408
total
-
-
-
32 036
Employee
32 447
-
87 895
-
pensions
3 654
-
7 260
-
income
4 451
-
17 472
-
health
3 715
-
10 064
-
total
11 820
-
34 796
-
Employer
32 447
-
87 895
-
pensions
5 276
-
10 484
-
unemployment
795
-
2 153
-
accident
542
-
1 468
-
total
6 613
-
14 105
-
Corporate
62 940
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.

56 646
91 800
-
-
total
56 646
91 800
-
-
Dividends
6 294
10 200
-
-
withholding
1 196
1 938
-
-
total
1 196
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
76 275
93 738
48 901
32 036
After tax
25 725
8 262
53 099
69 964
Living cost
20 627
20 627
20 627
20 627
Free-cash
5 098
-12 365
32 472
49 337

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
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.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35564
₽31255
₽30092
₽21581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 147
health
-
-
-
1 181
national
-
-
-
11 187
total
-
-
-
30 515
Employee
49 224
-
85 809
-
municipal
8 063
-
14 003
-
national
813
-
6 295
-
pensions
3 322
-
5 792
-
unemployment
739
-
1 287
-
health
368
-
930
-
total
13 305
-
28 307
-
Employer
49 224
-
85 809
-
pensions
8 540
-
14 888
-
unemployment
320
-
558
-
accident
50
-
85
-
health
378
-
660
-
total
9 288
-
16 191
-
Corporate
43 488
102 000
-
-
income
8 698
20 400
-
-
total
8 698
20 400
-
-
Dividends

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

26 092
61 200
-
-
municipal
4 696
11 015
-
-
national
-
3 409
-
-
total
4 696
14 424
-
-
Income
102 000
102 000
102 000
102 000
Total tax
35 987
34 824
44 498
30 515
After tax
66 013
67 176
57 502
71 485
Living cost
35 921
35 921
35 921
35 921
Free-cash
30 092
31 255
21 581
35 564

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
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.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50087
₽52953
₽47862
₽49441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 601
social contributions
-
-
-
15 138
income
-
-
-
12 512
total
-
-
-
30 251
Employee
71 944
71 944
92 601
-
social contributions
2 720
5 971
7 686
-
income
7 833
6 660
12 237
-
health
558
1 223
1 575
-
total
11 111
13 854
21 498
-
Employer
71 944
71 944
92 601
-
social contributions
2 720
5 971
7 686
-
health
605
1 332
1 713
-
total
3 325
7 303
9 399
-
Corporate
65 902
22 754
-
-
income
8 238
2 844
-
-
total
8 238
2 844
-
-
Dividends
57 663
19 909
-
-
withholding
9 802
3 384
-
-
total
9 802
3 384
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 476
27 385
30 897
30 251
After tax
69 524
74 615
71 103
71 749
Living cost
21 662
21 662
21 662
21 662
Free-cash
47 862
52 953
49 441
50 087

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67922
₽69612
₽64851
₽49154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
9 859
total
-
-
-
19 223
Employee

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

21 475
-
92 856
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
7 541
-
health
1 825
-
7 546
-
total
6 621
-
28 847
-
Employer

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

21 475
-
92 856
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
78 314
102 000
-
-
income
7 049
9 179
-
-
total
7 049
9 179
-
-
Dividends
71 265
92 821
-
-
withholding
6 413
8 354
-
-
total
6 413
8 354
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 294
17 533
37 991
19 223
After tax
79 706
84 467
64 009
82 777
Living cost
14 855
14 855
14 855
14 855
Free-cash
64 851
69 612
49 154
67 922

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29775
₽42978
₽38070
₽27539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
20 481
total
-
-
-
46 497
Employee
34 595
-
77 342
-
pensions
1 626
-
3 634
-
other
34
-
78
-
unemployment
536
-
1 198
-
income
6 670
-
19 167
-
total
8 866
-
24 077
-
Employer
34 595
-
77 342
-
pensions
8 164
-
18 252
-
other
277
-
618
-
unemployment
1 903
-
4 254
-
accident
685
-
1 532
-
total
11 029
-
24 656
-
Corporate
56 376
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.

8 457
15 299
-
-
total
8 457
15 299
-
-
Dividends
47 919
86 701
-
-
withholding
9 850
17 995
-
-
total
9 850
17 995
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 202
33 294
48 733
46 497
After tax
63 798
68 706
53 267
55 503
Living cost
25 728
25 728
25 728
25 728
Free-cash
38 070
42 978
27 539
29 775

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63410
₽61827
₽61528
₽63280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
34 478
total
-
-
-
36 769
Employee
2 773
-
100 506
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
34 409
-
health
139
-
332
-
total
953
-
35 405
-
Employer
2 773
-
100 506
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
98 603
102 000
-
-
income
21 693
22 440
-
-
total
21 693
22 440
-
-
Dividends
76 910
79 560
-
-
withholding
15 382
15 912
-
-
total
15 382
15 912
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 651
38 352
36 899
36 769
After tax
63 349
63 648
65 101
65 231
Living cost
1 821
1 821
1 821
1 821
Free-cash
61 528
61 827
63 280
63 410

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38813
₽57520
₽52918
₽38813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
20 886
total
-
-
-
47 013
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.

24 390
-
89 628
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
20 886
-
health
1 256
-
3 560
-
total
8 216
-
34 641
-
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.

24 390
-
89 628
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
73 244
102 000
-
-
income
10 987
15 300
-
-
total
10 987
15 300
-
-
Dividends
62 257
86 700
-
-
withholding
9 339
13 005
-
-
total
9 339
13 005
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 908
28 305
47 013
47 013
After tax
69 092
73 695
54 987
54 987
Living cost
16 174
16 174
16 174
16 174
Free-cash
52 918
57 520
38 813
38 813

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31417
₽32794
₽32458
₽25701
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
35 444
income
-
-
-
9 916
total
-
-
-
45 360
Employee
36 313
-
82 423
-
social contributions
3 995
-
9 067
-
surtax
-
-
-
-
income
7 095
-
22 434
-
total
11 090
-
31 501
-
Employer
36 313
-
82 423
-
social contributions
8 624
-
19 575
-
total
8 624
-
19 575
-
Corporate
57 063
102 000
-
-
income
11 983
21 420
-
-
surtax
-
-
-
-
total
11 983
21 420
-
-
Dividends
45 081
80 580
-
-
withholding
12 622
22 563
-
-
total
12 622
22 563
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 319
43 983
51 076
45 360
After tax
57 681
58 017
50 924
56 640
Living cost
25 223
25 223
25 223
25 223
Free-cash
32 458
32 794
25 701
31 417

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22622
₽35825
₽28689
₽20386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
20 481
total
-
-
-
46 497
Employee
45 186
-
77 342
-
pensions
2 123
-
3 634
-
other
44
-
78
-
unemployment
700
-
1 198
-
income
9 438
-
19 167
-
total
12 305
-
24 077
-
Employer
45 186
-
77 342
-
pensions
10 664
-
18 252
-
other
362
-
618
-
unemployment
2 486
-
4 254
-
accident
895
-
1 532
-
total
14 407
-
24 656
-
Corporate
42 408
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.

6 362
15 299
-
-
total
6 362
15 299
-
-
Dividends
36 047
86 701
-
-
withholding
7 356
17 995
-
-
total
7 356
17 995
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 430
33 294
48 733
46 497
After tax
61 570
68 706
53 267
55 503
Living cost
32 881
32 881
32 881
32 881
Free-cash
28 689
35 825
20 386
22 622

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61880
₽71116
₽65415
₽65205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
15 300
total
-
-
-
24 026
Employee
21 311
-
95 588
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
9 559
-
health
980
-
1 503
-
total
5 216
-
14 290
-
Employer
21 311
-
95 588
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
76 508
102 000
-
-
income
7 651
10 200
-
-
total
7 651
10 200
-
-
Dividends
68 857
91 800
-
-
withholding
3 443
4 590
-
-
total
3 443
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 491
14 790
20 701
24 026
After tax
81 509
87 210
81 299
77 974
Living cost
16 094
16 094
16 094
16 094
Free-cash
65 415
71 116
65 205
61 880

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26967
₽16478
₽28716
₽35362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 395
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.

-
-
-
6 392
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.

-
-
-
1 257
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.

-
-
-
22 868
total
-
-
-
38 912
Employee

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

46 552
-
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.

211
-
1 257
-
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.

3 828
-
22 868
-
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.

6 392
-
6 392
-
total
10 431
-
30 517
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 448
102 000
-
-
trade
7 956
14 637
-
-
income
8 316
15 299
-
-
chamber of commerce
224
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.

458
842
-
-
total
16 954
31 069
-
-
Dividends
38 494
70 931
-
-
withholding
9 268
17 377
-
-
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.

510
955
-
-
total
9 778
18 332
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 163
49 401
30 517
38 912
After tax
64 837
52 599
71 483
63 088
Living cost
36 121
36 121
36 121
36 121
Free-cash
28 716
16 478
35 362
26 967

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14119
₽18103
₽20170
₽14119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 249
income
-
-
-
25 336
total
-
-
-
34 585
Employee
73 185
-
102 000
-
social contributions
6 080
-
9 249
-
income
13 810
-
25 336
-
total
19 890
-
34 585
-
Employer
73 185
-
102 000
-
total
-
-
-
-
Corporate
28 815
102 000
-
-
income
3 602
12 750
-
-
total
3 602
12 750
-
-
Dividends
25 212
89 250
-
-
withholding
5 042
17 851
-
-
total
5 042
17 851
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 534
30 601
34 585
34 585
After tax
73 466
71 399
67 415
67 415
Living cost
53 296
53 296
53 296
53 296
Free-cash
20 170
18 103
14 119
14 119

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35667
₽27394
₽30663
₽41079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 738
income
-
-
-
26 632
total
-
-
-
32 370
Employee
42 920
-
97 696
-
social contributions
4 300
-
4 304
-
income
4 657
-
18 350
-
total
8 957
-
22 654
-
Employer
42 920
-
97 696
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
54 780
102 000
-
-
income
19 174
35 700
-
-
total
19 174
35 700
-
-
Dividends
35 606
66 300
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 374
40 643
26 958
32 370
After tax
64 626
61 357
75 042
69 630
Living cost
33 963
33 963
33 963
33 963
Free-cash
30 663
27 394
41 079
35 667

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38018
₽39102
₽37134
₽28730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 067
income
-
-
-
22 806
total
-
-
-
29 873
Employee
46 820
-
89 656
-
pensions
3 573
-
8 714
-
income
8 526
-
16 614
-
health
611
-
1 488
-
total
12 710
-
26 816
-
Employer
46 820
-
89 656
-
pensions
4 730
-
10 642
-
health
890
-
1 703
-
total
5 620
-
12 345
-
Corporate
49 560
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.

9 416
19 380
-
-
total
9 416
19 380
-
-
Dividends
40 144
82 620
-
-
withholding
3 011
9 409
-
-
total
3 011
9 409
-
-
Income
102 000
102 000
102 000
102 000
Total tax
30 757
28 789
39 161
29 873
After tax
71 243
73 211
62 839
72 127
Living cost
34 109
34 109
34 109
34 109
Free-cash
37 134
39 102
28 730
38 018

Estimated living cost  is ₽34109 per week

₽23399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47295
-₽14407
₽4785
₽30430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
25 408
total
-
-
-
32 036
Employee
35 659
-
87 895
-
pensions
4 015
-
7 260
-
income
4 892
-
17 472
-
health
4 083
-
10 064
-
total
12 990
-
34 796
-
Employer
35 659
-
87 895
-
pensions
5 798
-
10 484
-
unemployment
874
-
2 153
-
accident
595
-
1 468
-
total
7 267
-
14 105
-
Corporate
59 074
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.

53 166
91 800
-
-
total
53 166
91 800
-
-
Dividends
5 908
10 200
-
-
withholding
1 123
1 938
-
-
total
1 123
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
74 546
93 738
48 901
32 036
After tax
27 454
8 262
53 099
69 964
Living cost
22 669
22 669
22 669
22 669
Free-cash
4 785
-14 407
30 430
47 295

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
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.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45463
₽73218
₽69544
₽52977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 768
health insurance
-
-
-
7 548
work injury
-
-
-
510
unemployment
-
-
-
1 224
income
-
-
-
15 872
total
-
-
-
43 922
Employee

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

20 184
-
102 000
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
15 872
-
work injury
101
-
373
-
total
7 569
-
36 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 816
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
81 816
100 980
-
-
withholding
12 272
15 147
-
-
total
12 272
15 147
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 841
16 167
36 408
43 922
After tax
82 159
85 833
65 592
58 078
Living cost
12 615
12 615
12 615
12 615
Free-cash
69 544
73 218
52 977
45 463

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13438
₽16455
₽12198
₽8774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
682
regional
-
-
-
2 115
social contributions
-
-
-
26 235
national
-
-
-
22 258
total
-
-
-
51 290
Employee
78 840
-
102 000
-
social contributions
26 584
-
34 395
-
municipal
471
-
609
-
regional
1 190
-
1 794
-
national
13 323
-
19 156
-
total
41 568
-
55 954
-
Employer
78 840
-
102 000
-
total
-
-
-
-
Corporate
23 160
102 000
-
-
nationa
5 559
24 480
-
-
municipal
1 117
4 916
-
-
total
6 676
29 396
-
-
Dividends
16 484
72 603
-
-
withholding
4 286
18 877
-
-
total
4 286
18 877
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 530
48 273
55 954
51 290
After tax
49 470
53 727
46 046
50 710
Living cost
37 272
37 272
37 272
37 272
Free-cash
12 198
16 455
8 774
13 438

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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