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
₽20828
₽32057
₽33181
₽41814
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 633
income

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

-
-
-
21 337
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.

-
-
-
6 934
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.

-
-
-
1 173
total
-
-
-
38 077
Employee

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

38 820
-
102 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

60
-
1 173
-
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.

1 084
-
21 337
-
total
8 078
-
29 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 180
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.

522
842
-
-
income
9 476
15 301
-
-
trade
9 950
16 065
-
-
chamber of commerce
245
300
-
-
total
20 193
32 508
-
-
Dividends
42 987
69 492
-
-
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.

570
934
-
-
withholding
10 360
16 988
-
-
total
10 930
17 922
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 201
50 430
29 444
38 077
After tax
62 799
51 570
72 556
63 923
Living cost
30 742
30 742
30 742
30 742
Free-cash
32 057
20 828
41 814
33 181

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12500
₽11649
₽10393
₽11194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 638
pensions
-
-
-
12 240
national
-
-
-
16 484
social contributions
-
-
-
1 097
total
-
-
-
40 459
Employee
79 289
-
88 178
-
municipal
9 793
-
11 033
-
pensions
3 172
-
3 527
-
national
15 176
-
17 096
-
total
28 141
-
31 656
-
Employer
79 289
-
88 178
-
social contributions
852
-
948
-
pensions
6 343
-
7 054
-
total
7 195
-
8 002
-
Corporate
10 283
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%.

2 057
20 400
-
-
total
2 057
20 400
-
-
Dividends
8 226
81 600
-
-
withholding
1 810
17 952
-
-
total
1 810
17 952
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 203
38 352
39 658
40 459
After tax
62 797
63 648
62 342
61 541
Living cost
51 148
51 148
51 148
51 148
Free-cash
11 649
12 500
11 194
10 393

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60484
₽52160
₽33331
₽36372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
14 761
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
total
-
-
-
47 554
Employee
29 657
-
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.

3 263
-
9 041
-
surtax
-
-
-
-
income
5 279
-
15 670
-
total
8 542
-
24 711
-
Employer
29 657
-
82 198
-
social contributions

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

7 144
-
19 802
-
surtax
-
-
-
-
total
7 144
-
19 802
-
Corporate
65 199
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%.

13 039
20 401
-
-
total
13 039
20 401
-
-
Dividends

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

52 159
81 599
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 725
20 401
44 513
47 554
After tax
73 275
81 599
57 487
54 446
Living cost
21 115
21 115
21 115
21 115
Free-cash
52 160
60 484
36 372
33 331

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽6838
₽619
₽15374
₽6883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 027
pensions
-
-
-
11 891
health
-
-
-
12 190
total
-
-
-
44 108
Employee
86 673
86 673
86 801
-
health
13 303
11 316
11 323
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
37 401
-
Employer
86 673
86 673
86 801
-
unemployment
3 120
3 120
3 124
-
pensions
6 032
6 032
6 042
-
health
6 025
6 025
6 032
-
total
15 177
15 177
15 198
-
Corporate
1 213
150
-
-
income
243
31
-
-
total
243
31
-
-
Dividends
970
119
-
-
income
206
25
-
-
withholding
146
17
-
-
total
352
42
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 863
52 644
52 599
44 108
After tax
43 137
49 356
49 401
57 892
Living cost
42 518
42 518
42 518
42 518
Free-cash
619
6 838
6 883
15 374

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16554
₽15676
₽15008
₽15331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 006
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
-
total
-
-
-
47 854
Employee
55 768
-
77 614
-
municipal
16 630
-
23 145
-
national
-
-
-
-
total
16 630
-
23 145
-
Employer
55 768
-
77 614
-
accident
112
-
155
-
other
6 480
-
9 019
-
unemployment
1 472
-
2 049
-
pensions
6 028
-
8 390
-
health
3 430
-
4 773
-
total
17 522
-
24 386
-
Corporate
28 710
102 000
-
-
income
6 316
22 440
-
-
total
6 316
22 440
-
-
Dividends
22 394
79 560
-
-
withholding
6 718
23 868
-
-
total
6 718
23 868
-
-
Income
102 000
102 000
102 000
102 000
Total tax
47 186
46 308
47 531
47 854
After tax
54 814
55 692
54 469
54 146
Living cost
39 138
39 138
39 138
39 138
Free-cash
15 676
16 554
15 331
15 008

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Stockholm model

Close
Hamburg , Germany
₽11173
₽25437
₽23669
₽32685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 016
income

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

-
-
-
21 337
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.

-
-
-
6 934
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.

-
-
-
1 173
total
-
-
-
38 460
Employee

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

51 470
-
102 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

243
-
1 173
-
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.

4 422
-
21 337
-
total
11 599
-
29 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 530
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.

416
842
-
-
income
7 579
15 301
-
-
trade
8 313
16 780
-
-
chamber of commerce
225
299
-
-
total
16 533
33 222
-
-
Dividends
33 996
68 779
-
-
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.

447
925
-
-
withholding
8 113
16 809
-
-
total
8 560
17 734
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 692
50 956
29 444
38 460
After tax
65 308
51 044
72 556
63 540
Living cost
39 871
39 871
39 871
39 871
Free-cash
25 437
11 173
32 685
23 669

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
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.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41740
₽37532
₽39371
₽39270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
11 198
health
-
-
-
2 600
social contributions
-
-
-
15 911
total
-
-
-
29 709
Employee
78 045
78 045
92 601
-
social contributions
3 792
6 477
7 685
-
health
776
1 327
1 574
-
income
8 195
7 225
11 154
-
total
12 763
15 029
20 413
-
Employer
78 045
78 045
92 601
-
social contributions
3 792
6 477
7 685
-
health
846
1 445
1 712
-
total
4 638
7 922
9 397
-
Corporate
51 678
16 033
-
-
income
6 460
2 005
-
-
total
6 460
2 005
-
-
Dividends
45 218
14 028
-
-
withholding
7 687
2 384
-
-
total
7 687
2 384
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 548
27 340
29 810
29 709
After tax
70 452
74 660
72 190
72 291
Living cost
32 920
32 920
32 920
32 920
Free-cash
37 532
41 740
39 270
39 371

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38982
₽39367
₽52181
₽40651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
85 356
-
health
1 867
743
5 975
-
income
3 261
1 298
10 435
-
pensions
2 667
1 062
8 536
-
unemployment
400
159
1 280
-
total
8 195
3 262
26 226
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 675
10 616
85 356
-
pensions
5 202
2 070
16 644
-
total
5 202
2 070
16 644
-
Corporate
70 124
89 314
-
-
income
6 311
8 038
-
-
total
6 311
8 038
-
-
Dividends
63 813
81 275
-
-
social contributions
12 322
15 727
-
-
withholding
12 124
15 442
-
-
total
24 446
31 169
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 154
44 539
42 870
31 340
After tax
57 846
57 461
59 130
70 660
Living cost
18 479
18 479
18 479
18 479
Free-cash
39 367
38 982
40 651
52 181

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57084
₽50780
₽30158
₽34275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
13 667
pensions
-
-
-
20 399
health
-
-
-
13 261
total
-
-
-
47 327
Employee
28 793
-
76 233
-
income
3 242
-
14 698
-
pensions
576
-
1 525
-
unemployment
460
-
1 219
-
total
4 278
-
17 442
-
Employer
28 793
-
76 233
-
unemployment
231
-
611
-
pensions
5 759
-
15 247
-
health
3 742
-
9 910
-
total
9 732
-
25 768
-
Corporate
63 475
102 000
-
-
income
12 695
20 401
-
-
total
12 695
20 401
-
-
Dividends
50 780
81 599
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
26 705
20 401
43 210
47 327
After tax
75 295
81 599
58 790
54 673
Living cost
24 515
24 515
24 515
24 515
Free-cash
50 780
57 084
34 275
30 158

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13855
₽4869
₽47881
₽30650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
254
income
-
-
-
25 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 002
Employee
34 791
-
87 327
-
health
3 984
-
9 999
-
income
4 773
-
16 891
-
pensions
3 918
-
7 670
-
total
12 675
-
34 560
-
Employer
34 791
-
87 327
-
accident
581
-
1 458
-
unemployment
852
-
2 139
-
pensions
5 657
-
11 076
-
total
7 090
-
14 673
-
Corporate
60 119
102 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

54 107
91 800
-
-
total
54 107
91 800
-
-
Dividends
6 012
10 200
-
-
withholding
1 142
1 938
-
-
total
1 142
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
75 014
93 738
49 233
32 002
After tax
26 986
8 262
52 767
69 998
Living cost
22 117
22 117
22 117
22 117
Free-cash
4 869
-13 855
30 650
47 881

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87640
₽85904
₽91720
₽72340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 575
-
102 000
-
income
2 315
-
20 400
-
total
2 315
-
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%.

90 425
102 000
-
-
total
-
-
-
-
Dividends
90 425
102 000
-
-
withholding
4 521
5 100
-
-
total
4 521
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
6 836
5 100
20 400
1 020
After tax
95 164
96 900
81 600
100 980
Living cost
9 260
9 260
9 260
9 260
Free-cash
85 904
87 640
72 340
91 720

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47895
₽41041
₽28189
₽32609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
12 957
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.

-
-
-
24 478
other
-
-
-
4 844
health
-
-
-
4 488
total
-
-
-
46 767
Employee
36 852
-
81 470
-
health
516
-
1 140
-
income
6 344
-
14 159
-
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.

2 579
-
5 703
-
unemployment
368
-
815
-
total
9 807
-
21 817
-
Employer
36 852
-
81 470
-
accident
295
-
651
-
other
1 843
-
4 074
-
unemployment
368
-
815
-
pensions

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

6 265
-
13 850
-
health
516
-
1 140
-
total
9 287
-
20 530
-
Corporate
55 861
102 000
-
-
income
11 732
21 420
-
-
total
11 732
21 420
-
-
Dividends
44 129
80 580
-
-
withholding
3 089
5 641
-
-
total
3 089
5 641
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 915
27 061
42 347
46 767
After tax
68 085
74 939
59 653
55 233
Living cost
27 044
27 044
27 044
27 044
Free-cash
41 041
47 895
32 609
28 189

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6732
-₽8183
₽5143
-₽4588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 898
pensions
-
-
-
7 470
total
-
-
-
28 368
Employee
96 902
-
89 828
-
health
1 597
-
1 452
-
income
17 468
-
15 975
-
pensions
9 348
-
8 500
-
total
28 413
-
25 927
-
Employer
96 902
-
89 828
-
pensions
11 441
-
10 465
-
health
1 840
-
1 707
-
total
13 281
-
12 172
-
Corporate
-
102 000
-
-
income

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

-
19 380
-
-
total
-
19 380
-
-
Dividends
-
82 620
-
-
withholding
-
7 399
-
-
total
-
7 399
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 694
26 779
38 099
28 368
After tax
60 306
75 221
63 901
73 632
Living cost
68 489
68 489
68 489
68 489
Free-cash
-8 183
6 732
-4 588
5 143

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73897
₽69180
₽63917
₽67090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
24 770
Employee
17 628
-
95 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
9 504
-
pensions

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

1 548
-
3 114
-
total
4 316
-
14 639
-
Employer
17 628
-
95 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
80 913
102 000
-
-
income
8 091
10 200
-
-
total
8 091
10 200
-
-
Dividends
72 822
91 800
-
-
withholding
3 641
4 590
-
-
total
3 641
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 507
14 790
21 597
24 770
After tax
82 493
87 210
80 403
77 230
Living cost
13 313
13 313
13 313
13 313
Free-cash
69 180
73 897
67 090
63 917

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6925
-₽8574
₽1611
-₽6880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 027
pensions
-
-
-
11 891
health
-
-
-
12 190
total
-
-
-
44 108
Employee
94 099
86 673
86 801
-
health
11 739
11 316
11 323
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
37 401
-
Employer
94 099
86 673
86 801
-
unemployment
3 388
3 120
3 124
-
pensions
6 549
6 032
6 042
-
health
6 539
6 025
6 032
-
total
16 476
15 177
15 198
-
Corporate
-
150
-
-
income
-
31
-
-
total
-
31
-
-
Dividends
-
119
-
-
income
-
25
-
-
withholding
-
17
-
-
total
-
42
-
-
Income
102 000
102 000
102 000
102 000
Total tax
54 293
52 644
52 599
44 108
After tax
47 707
49 356
49 401
57 892
Living cost
56 281
56 281
56 281
56 281
Free-cash
-8 574
-6 925
-6 880
1 611

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45896
₽37217
₽25348
₽27430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
health
-
-
-
13 770
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 784
total
-
-
-
52 321
Employee
35 781
-
76 119
-
social contributions
2 326
-
4 948
-
health
4 830
-
10 276
-
solidarity contribution
-
-
-
-
income
4 294
-
9 134
-
total
11 450
-
24 358
-
Employer
35 781
-
76 119
-
social contributions
8 945
-
19 030
-
health
3 220
-
6 851
-
total
12 165
-
25 881
-
Corporate
54 053
102 000
-
-
income
10 270
19 380
-
-
total
10 270
19 380
-
-
Dividends
43 783
82 620
-
-
withholding
6 567
12 393
-
-
total
6 567
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 452
31 773
50 239
52 321
After tax
61 548
70 227
51 761
49 679
Living cost
24 331
24 331
24 331
24 331
Free-cash
37 217
45 896
27 430
25 348

Estimated living cost  is ₽24331 per week

₽16901
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.
₽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.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11594
₽6296
₽9501
₽4650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
607
regional
-
-
-
1 127
national
-
-
-
21 703
social contributions
-
-
-
26 235
total
-
-
-
49 672
Employee
90 203
-
102 000
-
social contributions
30 416
-
34 394
-
regional
851
-
986
-
municipal
478
-
541
-
national
15 630
-
18 602
-
total
47 375
-
54 523
-
Employer
90 203
-
102 000
-
total
-
-
-
-
Corporate
11 797
102 000
-
-
nationa
2 831
24 480
-
-
municipal
460
3 977
-
-
total
3 291
28 457
-
-
Dividends
8 506
73 542
-
-
withholding
2 211
19 122
-
-
total
2 211
19 122
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 877
47 579
54 523
49 672
After tax
49 123
54 421
47 477
52 328
Living cost
42 827
42 827
42 827
42 827
Free-cash
6 296
11 594
4 650
9 501

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41762
₽38603
₽30026
₽28051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 338
pensions
-
-
-
20 401
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 242
surtax
-
-
-
2 365
total
-
-
-
49 577
Employee
33 564
-
84 263
-
other
-
-
-
-
health
857
-
2 149
-
surtax
110
-
2 138
-
income
5 626
-
18 043
-
pensions
2 238
-
5 620
-
unemployment
2 336
-
5 865
-
total
11 167
-
33 815
-
Employer
33 564
-
84 263
-
other
-
-
-
-
unemployment
1 063
-
2 671
-
pensions
4 474
-
11 233
-
health
1 527
-
3 833
-
total
7 064
-
17 737
-
Corporate
61 371
102 000
-
-
income
15 957
26 520
-
-
total
15 957
26 520
-
-
Dividends
45 414
75 480
-
-
withholding
6 812
11 321
-
-
total
6 812
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 000
37 841
51 552
49 577
After tax
61 000
64 159
50 448
52 423
Living cost
22 397
22 397
22 397
22 397
Free-cash
38 603
41 762
28 051
30 026

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28431
₽21574
₽26842
₽17111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 898
pensions
-
-
-
7 470
total
-
-
-
28 368
Employee
64 941
-
89 828
-
health
943
-
1 452
-
income
11 696
-
15 975
-
pensions
5 512
-
8 500
-
total
18 151
-
25 927
-
Employer
64 941
-
89 828
-
pensions
7 030
-
10 465
-
health
1 234
-
1 707
-
total
8 264
-
12 172
-
Corporate
28 795
102 000
-
-
income

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

5 471
19 380
-
-
total
5 471
19 380
-
-
Dividends
23 324
82 620
-
-
withholding
1 750
7 399
-
-
total
1 750
7 399
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 636
26 779
38 099
28 368
After tax
68 364
75 221
63 901
73 632
Living cost
46 790
46 790
46 790
46 790
Free-cash
21 574
28 431
17 111
26 842

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30700
₽2392
₽7746
₽2659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 075
pensions
-
-
-
9 384
other

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

-
-
-
2 040
regional
-
-
-
3 516
health
-
-
-
252
national
-
-
-
645
total
-
-
-
16 912
Employee
90 510
-
91 295
-
city
971
-
981
-
regional
2 964
-
3 005
-
health
205
-
205
-
pensions
7 604
-
7 670
-
unemployment
-
-
-
-
national
428
-
437
-
total
12 172
-
12 298
-
Employer
90 510
-
91 295
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 810
-
1 826
-
unemployment
-
-
-
-
pensions
7 604
-
7 670
-
health
205
-
205
-
total
9 619
-
9 701
-
Corporate
876
102 000
-
-
regional
185
21 573
-
-
national
73
8 671
-
-
total
258
30 244
-
-
Dividends
618
71 757
-
-
withholding
217
25 114
-
-
total
217
25 114
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 266
55 358
21 999
16 912
After tax
79 734
46 642
80 001
85 088
Living cost
77 342
77 342
77 342
77 342
Free-cash
2 392
-30 700
2 659
7 746

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4024
₽20485
₽16660
₽26061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 401
income

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

-
-
-
21 337
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.

-
-
-
6 934
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.

-
-
-
1 173
total
-
-
-
38 845
Employee

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

60 997
-
102 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

395
-
1 173
-
income

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

7 173
-
21 337
-
total
14 502
-
29 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 003
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.

339
842
-
-
income
6 150
15 301
-
-
trade
7 032
17 492
-
-
chamber of commerce
212
299
-
-
total
13 733
33 934
-
-
Dividends
27 271
68 067
-
-
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.

354
915
-
-
withholding
6 431
16 632
-
-
total
6 785
17 547
-
-
Income
102 000
102 000
102 000
102 000
Total tax
35 020
51 481
29 444
38 845
After tax
66 980
50 519
72 556
63 155
Living cost
46 495
46 495
46 495
46 495
Free-cash
20 485
4 024
26 061
16 660

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
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.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16681
₽22679
₽23998
₽29643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 784
pensions
-
-
-
25 505
other
-
-
-
3 166
health
-
-
-
1 916
surtax
-
-
-
-
social contributions
-
-
-
2 906
total
-
-
-
43 277
Employee
43 438
-
82 811
-
social contributions
1 238
-
2 359
-
surtax
-
-
-
-
income
2 564
-
12 162
-
pensions
4 911
-
3 923
-
total
8 713
-
18 444
-
Employer
43 438
-
82 811
-
other
1 498
-
2 856
-
social contributions
131
-
248
-
unemployment
1 758
-
3 353
-
pensions
7 136
-
6 934
-
health
3 041
-
5 797
-
total
13 564
-
19 188
-
Corporate
44 996
102 000
-
-
surtax
-
-
-
-
income
12 598
28 560
-
-
total
12 598
28 560
-
-
Dividends
32 398
73 440
-
-
surtax
-
-
-
-
social contributions
5 574
12 633
-
-
withholding
4 147
9 401
-
-
total
9 721
22 034
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 596
50 594
37 632
43 277
After tax
57 404
51 406
64 368
58 723
Living cost
34 725
34 725
34 725
34 725
Free-cash
22 679
16 681
29 643
23 998

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20122
₽25760
₽27439
₽33084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 784
pensions
-
-
-
25 505
other
-
-
-
3 166
health
-
-
-
1 916
surtax
-
-
-
-
social contributions
-
-
-
2 906
total
-
-
-
43 277
Employee
38 775
-
82 811
-
social contributions
1 106
-
2 359
-
surtax
-
-
-
-
income
1 999
-
12 162
-
pensions
4 386
-
3 923
-
total
7 491
-
18 444
-
Employer
38 775
-
82 811
-
other
1 339
-
2 856
-
social contributions
116
-
248
-
unemployment
1 570
-
3 353
-
pensions
6 371
-
6 934
-
health
2 714
-
5 797
-
total
12 110
-
19 188
-
Corporate
51 116
102 000
-
-
surtax
-
-
-
-
income
14 313
28 560
-
-
total
14 313
28 560
-
-
Dividends
36 803
73 440
-
-
surtax
-
-
-
-
social contributions
6 331
12 633
-
-
withholding
4 711
9 401
-
-
total
11 042
22 034
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 956
50 594
37 632
43 277
After tax
57 044
51 406
64 368
58 723
Living cost
31 284
31 284
31 284
31 284
Free-cash
25 760
20 122
33 084
27 439

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40707
₽41234
₽43982
₽44135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 301
health
-
-
-
7 119
social contributions
-
-
-
14 076
total
-
-
-
36 496
Employee
34 413
-
102 000
-
social contributions
4 750
-
14 076
-
health
2 402
-
7 119
-
income
5 740
-
15 148
-
total
12 892
-
36 343
-
Employer
34 413
-
102 000
-
total
-
-
-
-
Corporate
67 587
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%.

3 380
5 100
-
-
total
3 380
5 100
-
-
Dividends
64 207
96 900
-
-
health
4 482
6 764
-
-
social contributions
8 860
13 373
-
-
withholding
9 630
14 534
-
-
total
22 972
34 671
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 244
39 771
36 343
36 496
After tax
62 756
62 229
65 657
65 504
Living cost
21 522
21 522
21 522
21 522
Free-cash
41 234
40 707
44 135
43 982

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
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.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21411
₽19834
₽15842
-₽4881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
408
income
-
-
-
16 890
pensions
-
-
-
18 870
unemployment
-
-
-
6 225
health
-
-
-
7 802
surtax
-
-
-
200
total
-
-
-
50 395
Employee
50 723
40 447
79 049
-
other
507
404
790
-
health
1 963
1 566
3 059
-
income
5 774
2 983
15 054
-
pensions
5 195
4 141
8 095
-
unemployment
1 522
1 213
2 371
-
total
14 961
10 307
29 369
-
Employer
50 723
40 447
79 049
-
accident
659
526
1 029
-
other
2 410
1 920
3 756
-
chamber of commerce
202
162
316
-
unemployment
1 522
1 213
2 371
-
surtax
200
200
200
-
pensions
6 366
5 077
9 921
-
payroll
1 522
1 213
2 371
-
health
1 916
1 529
2 987
-
total
14 797
11 840
22 951
-
Corporate
36 481
49 711
75 197
-
income

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

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

9 120
12 427
18 798
-
total
9 120
12 427
18 798
-
Dividends
27 361
37 284
-
-
withholding
7 525
10 252
-
-
total
7 525
10 252
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 403
44 826
71 118
50 395
After tax
55 597
57 174
30 882
51 605
Living cost
35 763
35 763
35 763
35 763
Free-cash
19 834
21 411
-4 881
15 842

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20198
₽4976
₽10839
₽2725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
33 051
communal

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

-
-
-
5 164
social contributions
-
-
-
15 940
total
-
-
-
54 155
Employee

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

72 600
-
79 001
-
communal

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

3 787
-
4 120
-
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.

3 411
-
3 713
-
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.

5 445
-
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.

632
-
688
-
national
22 320
-
24 824
-
total
35 595
-
39 270
-
Employer

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

72 600
-
79 001
-
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.

944
-
1 027
-
unemployment

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

1 059
-
1 154
-
surtax
8 232
-
8 960
-
pensions

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

6 433
-
6 999
-
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.

4 465
-
4 859
-
total
21 133
-
22 999
-
Corporate
8 267
102 000
-
-
surtax
33
408
-
-
income
1 653
20 401
-
-
total
1 686
20 809
-
-
Dividends
6 582
81 191
-
-
withholding

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

1 604
23 987
-
-
total
1 604
23 987
-
-
Income
102 000
102 000
102 000
102 000
Total tax
60 018
44 796
62 269
54 155
After tax
41 982
57 204
39 731
47 845
Living cost
37 006
37 006
37 006
37 006
Free-cash
4 976
20 198
2 725
10 839

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32069
₽23985
₽18105
₽17258
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
847
income
-
-
-
19 019
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 241
Employee
50 522
-
77 343
-
other
50
-
77
-
income
10 660
-
18 522
-
pensions
2 375
-
3 634
-
unemployment
784
-
1 198
-
total
13 869
-
23 431
-
Employer
50 522
-
77 343
-
accident
1 000
-
1 531
-
other
403
-
618
-
unemployment
2 779
-
4 255
-
pensions
11 922
-
18 253
-
total
16 104
-
24 657
-
Corporate
35 374
102 000
-
-
income

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

5 306
15 301
-
-
total
5 306
15 301
-
-
Dividends
30 068
86 699
-
-
withholding
6 082
17 976
-
-
total
6 082
17 976
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 361
33 277
48 088
47 241
After tax
60 639
68 723
53 912
54 759
Living cost
36 654
36 654
36 654
36 654
Free-cash
23 985
32 069
17 258
18 105

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7257
₽319
₽3164
₽7731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
859
income
-
-
-
8 861
pensions
-
-
-
15 289
health
-
-
-
7 167
surtax
-
-
-
5 056
communal
-
-
-
6 447
total
-
-
-
43 679
Employee
76 861
-
91 112
-
health
3 421
-
4 054
-
surtax
4 711
-
5 584
-
income
7 424
-
11 298
-
pensions
6 148
-
7 288
-
total
21 704
-
28 224
-
Employer
76 861
-
91 112
-
accident
691
-
821
-
pensions
6 148
-
7 288
-
health
2 344
-
2 779
-
total
9 183
-
10 888
-
Corporate
15 955
102 000
-
-
surtax
168
1 071
-
-
communal
-
6 886
-
-
income
2 394
15 301
-
-
total
2 562
23 258
-
-
Dividends
13 394
78 743
-
-
income
11 066
4 517
-
-
withholding
2 009
11 811
-
-
total
13 075
16 328
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 524
39 586
39 112
43 679
After tax
55 476
62 414
62 888
58 321
Living cost
55 157
55 157
55 157
55 157
Free-cash
319
7 257
7 731
3 164

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41362
₽38132
₽29626
₽27651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 338
pensions
-
-
-
20 401
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 242
surtax
-
-
-
2 365
total
-
-
-
49 577
Employee
34 180
-
84 263
-
other
-
-
-
-
health
873
-
2 149
-
surtax
121
-
2 138
-
income
5 730
-
18 043
-
pensions
2 280
-
5 620
-
unemployment
2 379
-
5 865
-
total
11 383
-
33 815
-
Employer
34 180
-
84 263
-
other
-
-
-
-
unemployment
1 084
-
2 671
-
pensions
4 557
-
11 233
-
health
1 554
-
3 833
-
total
7 195
-
17 737
-
Corporate
60 624
102 000
-
-
income
15 763
26 520
-
-
total
15 763
26 520
-
-
Dividends
44 861
75 480
-
-
withholding
6 730
11 321
-
-
total
6 730
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 071
37 841
51 552
49 577
After tax
60 929
64 159
50 448
52 423
Living cost
22 797
22 797
22 797
22 797
Free-cash
38 132
41 362
27 651
29 626

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽26273
₽24019
₽24576
₽19750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
607
regional
-
-
-
1 538
national
-
-
-
21 703
social contributions
-
-
-
26 235
total
-
-
-
50 083
Employee
56 301
-
102 000
-
social contributions
18 985
-
34 394
-
regional
758
-
1 372
-
municipal
299
-
541
-
national
8 920
-
18 602
-
total
28 962
-
54 909
-
Employer
56 301
-
102 000
-
total
-
-
-
-
Corporate
45 699
102 000
-
-
nationa
10 967
24 480
-
-
municipal
2 271
5 069
-
-
total
13 238
29 549
-
-
Dividends
32 461
72 450
-
-
withholding
8 440
18 837
-
-
total
8 440
18 837
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 640
48 386
54 909
50 083
After tax
51 360
53 614
47 091
51 917
Living cost
27 341
27 341
27 341
27 341
Free-cash
24 019
26 273
19 750
24 576

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
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.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40245
₽29550
₽19697
₽21779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
health
-
-
-
13 770
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 784
total
-
-
-
52 321
Employee
44 092
-
76 119
-
social contributions
2 866
-
4 948
-
health
5 952
-
10 276
-
solidarity contribution
-
-
-
-
income
5 291
-
9 134
-
total
14 109
-
24 358
-
Employer
44 092
-
76 119
-
social contributions
11 023
-
19 030
-
health
3 968
-
6 851
-
total
14 991
-
25 881
-
Corporate
42 917
102 000
-
-
income
8 154
19 380
-
-
total
8 154
19 380
-
-
Dividends
34 763
82 620
-
-
withholding
5 214
12 393
-
-
total
5 214
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
42 468
31 773
50 239
52 321
After tax
59 532
70 227
51 761
49 679
Living cost
29 982
29 982
29 982
29 982
Free-cash
29 550
40 245
21 779
19 697

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24900
₽24395
₽19424
-₽1465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
408
income
-
-
-
16 890
pensions
-
-
-
18 870
unemployment
-
-
-
6 225
health
-
-
-
7 802
surtax
-
-
-
-
total
-
-
-
50 195
Employee
44 366
40 447
79 203
-
other
443
404
792
-
health
1 716
1 566
3 064
-
income
3 952
2 983
15 106
-
pensions
4 544
4 141
8 111
-
unemployment
1 331
1 213
2 377
-
total
11 986
10 307
29 450
-
Employer
44 366
40 447
79 203
-
accident
576
526
1 030
-
other
2 107
1 920
3 764
-
chamber of commerce
177
162
316
-
unemployment
1 331
1 213
2 377
-
surtax
-
-
-
-
pensions
5 568
5 077
9 940
-
payroll
1 331
1 213
2 377
-
health
1 678
1 529
2 993
-
total
12 768
11 640
22 797
-
Corporate
44 866
49 912
75 351
-
income

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

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

11 217
12 477
18 837
-
total
11 217
12 477
18 837
-
Dividends
33 648
37 435
-
-
withholding
9 253
10 295
-
-
total
9 253
10 295
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 224
44 719
71 084
50 195
After tax
56 776
57 281
30 916
51 805
Living cost
32 381
32 381
32 381
32 381
Free-cash
24 395
24 900
-1 465
19 424

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82470
₽79763
₽86550
₽67170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 038
-
102 000
-
income
3 608
-
20 400
-
total
3 608
-
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%.

83 962
102 000
-
-
total
-
-
-
-
Dividends
83 962
102 000
-
-
withholding
4 198
5 100
-
-
total
4 198
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
7 806
5 100
20 400
1 020
After tax
94 194
96 900
81 600
100 980
Living cost
14 430
14 430
14 430
14 430
Free-cash
79 763
82 470
67 170
86 550

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43005
₽34515
₽25528
₽22605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
102 000
income
-
-
-
20 433
pensions
-
-
-
18 627
unemployment
-
-
-
152
health
-
-
-
10 037
total
-
-
-
49 249
Employee

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

44 881
-
88 259
-
health
2 899
-
5 701
-
income
7 740
-
18 927
-
pensions
6 957
-
13 681
-
unemployment
64
-
123
-
total
17 660
-
38 432
-
Employer

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

44 881
-
88 259
-
unemployment
27
-
52
-
pensions
3 972
-
7 810
-
health
2 989
-
5 878
-
total
6 988
-
13 740
-
Corporate
50 131
102 000
-
-
income
9 524
19 380
-
-
total
9 524
19 380
-
-
Dividends
40 607
82 620
-
-
withholding
6 090
12 392
-
-
total
6 090
12 392
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 262
31 772
52 172
49 249
After tax
61 738
70 228
49 828
52 751
Living cost
27 223
27 223
27 223
27 223
Free-cash
34 515
43 005
22 605
25 528

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18045
-₽50088
₽26478
₽44570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
19 882
social contributions
-
-
-
11 628
total
-
-
-
31 510
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
102 000
-
-
income
-
22 440
-
-
total
-
22 440
-
-
Dividends
-
79 560
-
-
income
-
17 503
-
-
total
-
17 503
-
-
Income
102 000
102 000
102 000
102 000
Total tax
108 076
39 943
13 418
31 510
After tax
-6 076
62 057
88 582
70 490
Living cost
44 012
44 012
44 012
44 012
Free-cash
-50 088
18 045
44 570
26 478

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26182
₽25160
₽25181
₽19984
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
102 000
income
-
-
-
9 538
surtax
-
-
-
-
social contributions

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

-
-
-
35 445
total
-
-
-
44 983
Employee
46 680
-
82 424
-
social contributions
5 135
-
9 066
-
surtax
-
-
-
-
income
9 710
-
21 538
-
total
14 845
-
30 604
-
Employer
46 680
-
82 424
-
social contributions
11 086
-
19 576
-
total
11 086
-
19 576
-
Corporate
44 234
102 000
-
-
surtax
-
-
-
-
income
9 289
21 420
-
-
total
9 289
21 420
-
-
Dividends
34 944
80 580
-
-
withholding
9 784
22 562
-
-
total
9 784
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 004
43 982
50 180
44 983
After tax
56 996
58 018
51 820
57 017
Living cost
31 836
31 836
31 836
31 836
Free-cash
25 160
26 182
19 984
25 181

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2385
₽9363
₽9702
₽15347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
9 784
pensions
-
-
-
25 505
other
-
-
-
3 166
health
-
-
-
1 916
surtax
-
-
-
-
social contributions
-
-
-
2 906
total
-
-
-
43 277
Employee
63 568
-
82 811
-
social contributions
1 810
-
2 359
-
surtax
-
-
-
-
income
5 546
-
12 162
-
pensions
7 190
-
3 923
-
total
14 546
-
18 444
-
Employer
63 568
-
82 811
-
other
2 194
-
2 856
-
social contributions
191
-
248
-
unemployment
2 575
-
3 353
-
pensions
10 445
-
6 934
-
health
4 449
-
5 797
-
total
19 854
-
19 188
-
Corporate
18 578
102 000
-
-
surtax
-
-
-
-
income
5 202
28 560
-
-
total
5 202
28 560
-
-
Dividends
13 376
73 440
-
-
surtax
-
-
-
-
social contributions
2 302
12 633
-
-
withholding
1 712
9 401
-
-
total
4 014
22 034
-
-
Income
102 000
102 000
102 000
102 000
Total tax
43 616
50 594
37 632
43 277
After tax
58 384
51 406
64 368
58 723
Living cost
49 021
49 021
49 021
49 021
Free-cash
9 363
2 385
15 347
9 702

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61291
₽57881
₽47257
₽49966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
1 793
social contributions
-
-
-
22 441
total
-
-
-
24 234
Employee
32 630
-
88 311
-
income
-
-
2 094
-
social contributions
2 121
-
5 742
-
total
2 121
-
7 836
-
Employer
32 630
-
88 311
-
social contributions
5 058
-
13 689
-
total
5 058
-
13 689
-
Corporate
64 313
102 000
-
-
income
6 431
10 200
-
-
total
6 431
10 200
-
-
Dividends
57 881
91 800
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
13 610
10 200
21 525
24 234
After tax
88 390
91 800
80 475
77 766
Living cost
30 509
30 509
30 509
30 509
Free-cash
57 881
61 291
49 966
47 257

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽119140
-₽119140
₽14358
-₽119140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 967
pensions
-
-
-
880
national
-
-
-
10 825
labour market
-
-
-
8 089
total
-
-
-
38 761
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
172 259
172 259
172 259
38 761
After tax
-70 259
-70 259
-70 259
63 239
Living cost
48 881
48 881
48 881
48 881
Free-cash
-119 140
-119 140
-119 140
14 358

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13529
₽4918
₽48208
₽30976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
254
income
-
-
-
25 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 002
Employee
34 278
-
87 327
-
health
3 925
-
9 999
-
income
4 703
-
16 891
-
pensions
3 860
-
7 670
-
total
12 488
-
34 560
-
Employer
34 278
-
87 327
-
accident
572
-
1 458
-
unemployment
840
-
2 139
-
pensions
5 574
-
11 076
-
total
6 986
-
14 673
-
Corporate
60 736
102 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

54 663
91 800
-
-
total
54 663
91 800
-
-
Dividends
6 074
10 200
-
-
withholding
1 154
1 938
-
-
total
1 154
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
75 291
93 738
49 233
32 002
After tax
26 709
8 262
52 767
69 998
Living cost
21 790
21 790
21 790
21 790
Free-cash
4 918
-13 529
30 976
48 208

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28815
₽26660
₽33407
₽19180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 153
health
-
-
-
1 148
national
-
-
-
10 325
total
-
-
-
29 626
Employee
53 399
-
85 806
-
health
399
-
898
-
municipal
8 746
-
14 010
-
pensions
3 604
-
5 792
-
unemployment
801
-
1 287
-
national
882
-
5 672
-
total
14 432
-
27 659
-
Employer
53 399
-
85 806
-
accident
54
-
87
-
unemployment
347
-
559
-
pensions
9 264
-
14 887
-
health
410
-
661
-
total
10 075
-
16 194
-
Corporate
38 526
102 000
-
-
income
7 706
20 401
-
-
total
7 706
20 401
-
-
Dividends

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

23 115
61 199
-
-
national
-
2 802
-
-
municipal
4 160
11 015
-
-
total
4 160
13 817
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 373
34 218
43 853
29 626
After tax
65 627
67 782
58 147
72 374
Living cost
38 967
38 967
38 967
38 967
Free-cash
26 660
28 815
19 180
33 407

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
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.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51161
₽45638
₽48792
₽48691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
11 198
health
-
-
-
2 600
social contributions
-
-
-
15 911
total
-
-
-
29 709
Employee
78 045
78 045
92 601
-
social contributions
2 951
6 477
7 685
-
health
605
1 327
1 574
-
income
8 498
7 225
11 154
-
total
12 054
15 029
20 413
-
Employer
78 045
78 045
92 601
-
social contributions
2 951
6 477
7 685
-
health
657
1 445
1 712
-
total
3 608
7 922
9 397
-
Corporate
62 840
16 033
-
-
income
7 854
2 005
-
-
total
7 854
2 005
-
-
Dividends
54 986
14 028
-
-
withholding
9 347
2 384
-
-
total
9 347
2 384
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 863
27 340
29 810
29 709
After tax
69 137
74 660
72 190
72 291
Living cost
23 499
23 499
23 499
23 499
Free-cash
45 638
51 161
48 691
48 792

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
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.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68353
₽63186
₽65984
₽46796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
102 000
income
-
-
-
9 744
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
19 902
Employee

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

23 297
-
92 474
-
health
1 980
-
7 860
-
income
1 593
-
7 371
-
pensions
3 494
-
13 871
-
unemployment
116
-
462
-
total
7 183
-
29 564
-
Employer

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

23 297
-
92 474
-
unemployment
116
-
462
-
pensions
1 281
-
5 087
-
health
1 002
-
3 977
-
total
2 399
-
9 526
-
Corporate
76 305
102 000
-
-
income
6 868
9 180
-
-
total
6 868
9 180
-
-
Dividends
69 437
92 820
-
-
withholding
6 250
8 353
-
-
total
6 250
8 353
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 700
17 533
39 090
19 902
After tax
79 300
84 467
62 910
82 098
Living cost
16 114
16 114
16 114
16 114
Free-cash
63 186
68 353
46 796
65 984

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽40813
₽35491
₽26849
₽26002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
847
income
-
-
-
19 019
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 241
Employee
37 529
-
77 343
-
other
37
-
77
-
income
7 235
-
18 522
-
pensions
1 764
-
3 634
-
unemployment
582
-
1 198
-
total
9 618
-
23 431
-
Employer
37 529
-
77 343
-
accident
743
-
1 531
-
other
300
-
618
-
unemployment
2 065
-
4 255
-
pensions
8 856
-
18 253
-
total
11 964
-
24 657
-
Corporate
52 507
102 000
-
-
income

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

7 876
15 301
-
-
total
7 876
15 301
-
-
Dividends
44 631
86 699
-
-
withholding
9 141
17 976
-
-
total
9 141
17 976
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 599
33 277
48 088
47 241
After tax
63 401
68 723
53 912
54 759
Living cost
27 910
27 910
27 910
27 910
Free-cash
35 491
40 813
26 002
26 849

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60861
₽60404
₽61876
₽61678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
33 830
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
37 337
Employee
4 245
-
99 713
-
health
212
-
508
-
income
821
-
33 723
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
35 248
-
Employer
4 245
-
99 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
96 799
102 000
-
-
income
21 296
22 440
-
-
total
21 296
22 440
-
-
Dividends
75 504
79 560
-
-
withholding
15 101
15 912
-
-
total
15 101
15 912
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 809
38 352
37 535
37 337
After tax
63 191
63 648
64 465
64 663
Living cost
2 787
2 787
2 787
2 787
Free-cash
60 404
60 861
61 678
61 876

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56135
₽51137
₽36457
₽36456
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
102 000
income
-
-
-
19 617
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
47 983
Employee

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

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

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

26 480
-
88 568
-
health
1 364
-
3 865
-
income
3 650
-
19 617
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
34 551
-
Employer

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

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

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

26 480
-
88 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
70 780
102 000
-
-
income
10 617
15 300
-
-
total
10 617
15 300
-
-
Dividends
60 163
86 700
-
-
withholding
9 025
13 005
-
-
total
9 025
13 005
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 303
28 305
47 984
47 983
After tax
68 697
73 695
54 016
54 017
Living cost
17 560
17 560
17 560
17 560
Free-cash
51 137
56 135
36 456
36 457

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30656
₽30289
₽29655
₽24458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
102 000
income
-
-
-
9 538
surtax
-
-
-
-
social contributions

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

-
-
-
35 445
total
-
-
-
44 983
Employee
39 393
-
82 424
-
social contributions
4 334
-
9 066
-
surtax
-
-
-
-
income
7 697
-
21 538
-
total
12 031
-
30 604
-
Employer
39 393
-
82 424
-
social contributions
9 355
-
19 576
-
total
9 355
-
19 576
-
Corporate
53 253
102 000
-
-
surtax
-
-
-
-
income
11 183
21 420
-
-
total
11 183
21 420
-
-
Dividends
42 070
80 580
-
-
withholding
11 780
22 562
-
-
total
11 780
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 349
43 982
50 180
44 983
After tax
57 651
58 018
51 820
57 017
Living cost
27 362
27 362
27 362
27 362
Free-cash
30 289
30 656
24 458
29 655

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33053
₽25313
₽19089
₽18242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
847
income
-
-
-
19 019
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 241
Employee
49 017
-
77 343
-
other
48
-
77
-
income
10 238
-
18 522
-
pensions
2 304
-
3 634
-
unemployment
759
-
1 198
-
total
13 349
-
23 431
-
Employer
49 017
-
77 343
-
accident
971
-
1 531
-
other
393
-
618
-
unemployment
2 696
-
4 255
-
pensions
11 568
-
18 253
-
total
15 628
-
24 657
-
Corporate
37 354
102 000
-
-
income

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

5 603
15 301
-
-
total
5 603
15 301
-
-
Dividends
31 752
86 699
-
-
withholding
6 437
17 976
-
-
total
6 437
17 976
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 017
33 277
48 088
47 241
After tax
60 983
68 723
53 912
54 759
Living cost
35 670
35 670
35 670
35 670
Free-cash
25 313
33 053
18 242
19 089

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69743
₽63556
₽59763
₽62936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
24 770
Employee
23 129
-
95 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
9 504
-
pensions

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

2 030
-
3 114
-
total
5 661
-
14 639
-
Employer
23 129
-
95 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
74 333
102 000
-
-
income
7 433
10 200
-
-
total
7 433
10 200
-
-
Dividends
66 900
91 800
-
-
withholding
3 345
4 590
-
-
total
3 345
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 977
14 790
21 597
24 770
After tax
81 023
87 210
80 403
77 230
Living cost
17 467
17 467
17 467
17 467
Free-cash
63 556
69 743
62 936
59 763

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13435
₽26713
₽25506
₽33372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 866
income

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

-
-
-
21 337
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.

-
-
-
6 934
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.

-
-
-
1 173
total
-
-
-
37 310
Employee

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

50 500
-
102 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

229
-
1 173
-
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.

4 153
-
21 337
-
total
11 316
-
29 444
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 500
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.

426
842
-
-
income
7 725
15 301
-
-
trade
7 390
14 636
-
-
chamber of commerce
229
304
-
-
total
15 770
31 083
-
-
Dividends
35 729
70 917
-
-
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.

470
953
-
-
withholding
8 546
17 344
-
-
total
9 016
18 297
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 102
49 380
29 444
37 310
After tax
65 898
52 620
72 556
64 690
Living cost
39 184
39 184
39 184
39 184
Free-cash
26 713
13 435
33 372
25 506

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13582
₽15825
₽11079
₽11079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
24 024
social contributions
-
-
-
9 081
total
-
-
-
33 105
Employee
79 392
-
102 000
-
income
14 981
-
24 024
-
social contributions
6 596
-
9 081
-
total
21 577
-
33 105
-
Employer
79 392
-
102 000
-
total
-
-
-
-
Corporate
22 608
102 000
-
-
income
2 826
12 751
-
-
total
2 826
12 751
-
-
Dividends
19 783
89 249
-
-
withholding
3 956
17 851
-
-
total
3 956
17 851
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 359
30 602
33 105
33 105
After tax
73 641
71 398
68 895
68 895
Living cost
57 816
57 816
57 816
57 816
Free-cash
15 825
13 582
11 079
11 079

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24095
₽28053
₽29455
₽38076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
102 000
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
97 331
-
income
5 052
-
17 743
-
social contributions
4 665
-
4 669
-
total
9 717
-
22 412
-
Employer
46 560
-
97 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
50 775
102 000
-
-
income
17 772
35 700
-
-
total
17 772
35 700
-
-
Dividends
33 003
66 300
-
-
social contributions
4 950
5 362
-
-
total
4 950
5 362
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 104
41 062
27 081
35 702
After tax
64 896
60 938
74 919
66 298
Living cost
36 843
36 843
36 843
36 843
Free-cash
28 053
24 095
38 076
29 455

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37182
₽32608
₽35593
₽25862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
20 898
pensions
-
-
-
7 470
total
-
-
-
28 368
Employee
52 214
-
89 828
-
health
681
-
1 452
-
income
9 509
-
15 975
-
pensions
3 985
-
8 500
-
total
14 175
-
25 927
-
Employer
52 214
-
89 828
-
pensions
5 275
-
10 465
-
health
992
-
1 707
-
total
6 267
-
12 172
-
Corporate
43 519
102 000
-
-
income

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

8 268
19 380
-
-
total
8 268
19 380
-
-
Dividends
35 251
82 620
-
-
withholding
2 643
7 399
-
-
total
2 643
7 399
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 353
26 779
38 099
28 368
After tax
70 647
75 221
63 901
73 632
Living cost
38 039
38 039
38 039
38 039
Free-cash
32 608
37 182
25 862
35 593

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
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.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15686
₽4588
₽46050
₽28819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
accident
-
-
-
254
income
-
-
-
25 000
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 002
Employee
37 671
-
87 327
-
health
4 313
-
9 999
-
income
5 168
-
16 891
-
pensions
4 242
-
7 670
-
total
13 723
-
34 560
-
Employer
37 671
-
87 327
-
accident
629
-
1 458
-
unemployment
923
-
2 139
-
pensions
6 125
-
11 076
-
total
7 677
-
14 673
-
Corporate
56 652
102 000
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

50 987
91 800
-
-
total
50 987
91 800
-
-
Dividends
5 665
10 200
-
-
withholding
1 077
1 938
-
-
total
1 077
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
73 464
93 738
49 233
32 002
After tax
28 536
8 262
52 767
69 998
Living cost
23 948
23 948
23 948
23 948
Free-cash
4 588
-15 686
28 819
46 050

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72128
₽68060
₽44588
₽50326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
510
health insurance
-
-
-
7 548
income
-
-
-
15 657
pensions
-
-
-
18 768
unemployment
-
-
-
1 224
total
-
-
-
43 707
Employee

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

21 928
-
102 000
-
work injury
110
-
406
-
income
2 193
-
15 657
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
37 969
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 072
102 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
1 020
-
-
total
-
1 020
-
-
Dividends
80 072
100 980
-
-
withholding
12 011
15 147
-
-
total
12 011
15 147
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 235
16 167
37 969
43 707
After tax
81 765
85 833
64 031
58 293
Living cost
13 705
13 705
13 705
13 705
Free-cash
68 060
72 128
50 326
44 588

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13293
₽8677
₽10905
₽6241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 042
national
-
-
-
21 703
social contributions
-
-
-
26 235
total
-
-
-
50 662
Employee
85 526
-
102 000
-
social contributions
28 839
-
34 394
-
regional
1 291
-
1 721
-
municipal
510
-
609
-
national
14 453
-
18 602
-
total
45 093
-
55 326
-
Employer
85 526
-
102 000
-
total
-
-
-
-
Corporate
16 474
102 000
-
-
nationa
3 954
24 480
-
-
municipal
794
4 917
-
-
total
4 748
29 397
-
-
Dividends
11 726
72 603
-
-
withholding
3 049
18 877
-
-
total
3 049
18 877
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 890
48 274
55 326
50 662
After tax
49 110
53 726
46 674
51 338
Living cost
40 433
40 433
40 433
40 433
Free-cash
8 677
13 293
6 241
10 905

Estimated living cost  is ₽40433 per week

₽28402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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 Rome model

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