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
₽23014
₽43041
₽33876
₽33434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
102 000
income

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

-
-
-
22 735
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.

-
-
-
1 250
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.

-
-
-
6 437
trade
-
-
-
9 165
total
-
-
-
39 587
Employee

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

36 036
-
102 000
-
surtax

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

55
-
1 250
-
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.

1 007
-
22 735
-
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.

6 437
-
6 437
-
total
7 499
-
30 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 964
102 000
-
-
income
9 894
15 299
-
-
surtax

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

544
842
-
-
chamber of commerce
238
290
-
-
trade
10 390
16 065
-
-
total
21 066
32 496
-
-
Dividends
44 899
69 504
-
-
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.

597
935
-
-
withholding
10 867
17 018
-
-
total
11 464
17 953
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 029
50 449
30 422
39 587
After tax
61 971
51 551
71 578
62 413
Living cost
28 537
28 537
28 537
28 537
Free-cash
33 434
23 014
43 041
33 876

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13477
₽12110
₽11309
₽12643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
1 097
municipal
-
-
-
10 662
national
-
-
-
16 521
pensions
-
-
-
12 240
total
-
-
-
40 520
Employee
77 774
-
88 178
-
municipal
9 606
-
11 057
-
pensions
3 111
-
3 527
-
national
14 886
-
17 133
-
total
27 603
-
31 717
-
Employer
77 774
-
88 178
-
pensions
6 222
-
7 054
-
social contributions
836
-
948
-
total
7 058
-
8 002
-
Corporate
12 035
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%.

2 407
20 400
-
-
total
2 407
20 400
-
-
Dividends
9 628
81 600
-
-
withholding
2 118
17 952
-
-
total
2 118
17 952
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 186
38 352
39 719
40 520
After tax
62 814
63 648
62 281
61 480
Living cost
50 170
50 170
50 170
50 170
Free-cash
12 643
13 477
12 110
11 309

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61999
₽37803
₽34761
₽54271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
102 000
income
-
-
-
14 845
surtax
-
-
-
-
social contributions

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

-
-
-
32 793
microenterprise
-
-
-
-
total
-
-
-
47 638
Employee
27 531
-
82 199
-
surtax
-
-
-
-
social contributions

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

3 029
-
9 042
-
income
4 901
-
15 753
-
total
7 930
-
24 795
-
Employer
27 531
-
82 199
-
social contributions

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

6 631
-
19 801
-
surtax
-
-
-
-
total
6 631
-
19 801
-
Corporate
67 838
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%.

13 567
20 400
-
-
total
13 567
20 400
-
-
Dividends

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

54 271
81 600
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 128
20 400
44 596
47 638
After tax
73 872
81 600
57 404
54 362
Living cost
19 601
19 601
19 601
19 601
Free-cash
54 271
61 999
37 803
34 761

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10076
₽12259
₽18498
₽4303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
21 376
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
44 033
Employee
80 457
80 457
86 801
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
10 865
-
total
40 001
34 713
35 074
-
Employer
80 457
80 457
86 801
-
health
5 593
5 593
6 032
-
pensions
5 600
5 600
6 041
-
unemployment
2 896
2 896
3 125
-
total
14 089
14 089
15 198
-
Corporate
8 441
7 454
-
-
income
1 688
1 491
-
-
total
1 688
1 491
-
-
Dividends
6 753
5 963
-
-
income
1 436
1 268
-
-
withholding
1 014
894
-
-
total
2 450
2 162
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 228
52 455
50 272
44 033
After tax
43 772
49 545
51 728
57 967
Living cost
39 469
39 469
39 469
39 469
Free-cash
4 303
10 076
12 259
18 498

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18072
₽16850
₽17147
₽17227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
23 294
national
-
-
-
53
pensions
-
-
-
8 913
total
-
-
-
47 233
Employee
53 604
-
77 614
-
municipal
15 985
-
23 144
-
national
-
-
-
-
total
15 985
-
23 144
-
Employer
53 604
-
77 614
-
health
3 297
-
4 773
-
pensions
5 795
-
8 390
-
accident
107
-
155
-
unemployment
1 415
-
2 049
-
other
6 229
-
9 019
-
total
16 843
-
24 386
-
Corporate
31 553
102 000
-
-
income
6 942
22 440
-
-
total
6 942
22 440
-
-
Dividends
24 611
79 560
-
-
withholding
7 383
23 868
-
-
total
7 383
23 868
-
-
Income
102 000
102 000
102 000
102 000
Total tax
47 153
46 308
47 530
47 233
After tax
54 847
55 692
54 470
54 767
Living cost
37 620
37 620
37 620
37 620
Free-cash
17 227
18 072
16 850
17 147

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14012
₽34566
₽24993
₽27250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
102 000
income

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

-
-
-
22 735
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.

-
-
-
1 250
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.

-
-
-
6 437
trade
-
-
-
9 573
total
-
-
-
39 995
Employee

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

47 779
-
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.

225
-
1 250
-
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.

4 105
-
22 735
-
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.

6 437
-
6 437
-
total
10 767
-
30 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 221
102 000
-
-
income
8 133
15 299
-
-
surtax

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

447
842
-
-
chamber of commerce
220
288
-
-
trade
8 920
16 780
-
-
total
17 720
33 209
-
-
Dividends
36 501
68 791
-
-
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.

483
926
-
-
withholding
8 768
16 841
-
-
total
9 251
17 767
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 738
50 976
30 422
39 995
After tax
64 262
51 024
71 578
62 005
Living cost
37 012
37 012
37 012
37 012
Free-cash
27 250
14 012
34 566
24 993

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44058
₽40636
₽41206
₽40153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 390
social contributions
-
-
-
15 244
health
-
-
-
2 601
total
-
-
-
30 235
Employee
72 448
72 448
92 601
-
social contributions
3 520
6 013
7 686
-
income
7 608
6 707
12 147
-
health
721
1 232
1 573
-
total
11 849
13 952
21 406
-
Employer
72 448
72 448
92 601
-
health
785
1 341
1 713
-
social contributions
3 520
6 013
7 686
-
total
4 305
7 354
9 399
-
Corporate
55 287
22 198
-
-
income
6 910
2 775
-
-
total
6 910
2 775
-
-
Dividends
48 377
19 423
-
-
withholding
8 224
3 302
-
-
total
8 224
3 302
-
-
Income
102 000
102 000
102 000
102 000
Total tax
31 288
27 383
30 805
30 235
After tax
70 712
74 617
71 195
71 765
Living cost
30 559
30 559
30 559
30 559
Free-cash
40 153
44 058
40 636
41 206

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40519
₽42221
₽53751
₽40870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
85 356
-
unemployment
366
146
1 280
-
pensions
2 441
971
8 536
-
income
2 984
1 188
10 435
-
health
1 709
680
5 975
-
total
7 500
2 985
26 226
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
85 356
-
pensions
4 760
1 894
16 644
-
total
4 760
1 894
16 644
-
Corporate
72 831
90 391
-
-
income
6 555
8 135
-
-
total
6 555
8 135
-
-
Dividends
66 276
82 256
-
-
social contributions
12 813
15 929
-
-
withholding
12 593
15 629
-
-
total
25 406
31 558
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 221
44 572
42 870
31 340
After tax
57 779
57 428
59 130
70 660
Living cost
16 909
16 909
16 909
16 909
Free-cash
40 870
40 519
42 221
53 751

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58843
₽36035
₽31915
₽52990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 669
health
-
-
-
13 259
pensions
-
-
-
20 400
total
-
-
-
47 328
Employee
26 728
-
76 232
-
unemployment
427
-
1 219
-
pensions
535
-
1 525
-
income
3 009
-
14 697
-
total
3 971
-
17 441
-
Employer
26 728
-
76 232
-
health
3 474
-
9 911
-
pensions
5 346
-
15 246
-
unemployment
215
-
610
-
total
9 035
-
25 767
-
Corporate
66 238
102 000
-
-
income
13 247
20 400
-
-
total
13 247
20 400
-
-
Dividends
52 991
81 600
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
26 253
20 400
43 208
47 328
After tax
75 747
81 600
58 792
54 672
Living cost
22 757
22 757
22 757
22 757
Free-cash
52 990
58 843
36 035
31 915

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12782
₽32025
₽48923
₽5034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
25 371
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
32 033
Employee
33 103
-
87 842
-
pensions
3 728
-
7 298
-
income
4 541
-
17 418
-
health
3 790
-
10 058
-
total
12 059
-
34 774
-
Employer
33 103
-
87 842
-
pensions
5 383
-
10 538
-
accident
553
-
1 467
-
unemployment
811
-
2 152
-
total
6 747
-
14 157
-
Corporate
62 150
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.

55 935
91 800
-
-
total
55 935
91 800
-
-
Dividends
6 215
10 200
-
-
withholding
1 181
1 938
-
-
total
1 181
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
75 922
93 738
48 931
32 033
After tax
26 078
8 262
53 069
69 967
Living cost
21 044
21 044
21 044
21 044
Free-cash
5 034
-12 782
32 025
48 923

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89293
₽73993
₽93373
₽87867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
102 000
microenterprise

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

-
-
-
1 020
total
-
-
-
1 020
Employee
9 509
-
102 000
-
income
1 902
-
20 400
-
total
1 902
-
20 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

92 491
102 000
-
-
total
-
-
-
-
Dividends
92 491
102 000
-
-
withholding
4 624
5 100
-
-
total
4 624
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
6 526
5 100
20 400
1 020
After tax
95 474
96 900
81 600
100 980
Living cost
7 607
7 607
7 607
7 607
Free-cash
87 867
89 293
73 993
93 373

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49835
₽34238
₽30023
₽43473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 059
other
-
-
-
4 845
health
-
-
-
4 488
pensions

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

-
-
-
24 480
total
-
-
-
46 872
Employee
34 209
-
81 469
-
unemployment
341
-
815
-
pensions

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

2 394
-
5 704
-
income
5 889
-
14 466
-
health
479
-
1 141
-
total
9 103
-
22 126
-
Employer
34 209
-
81 469
-
health
479
-
1 141
-
pensions

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

5 816
-
13 849
-
accident
274
-
653
-
unemployment
341
-
815
-
other
1 711
-
4 073
-
total
8 621
-
20 531
-
Corporate
59 170
102 000
-
-
income
12 426
21 419
-
-
total
12 426
21 419
-
-
Dividends
46 743
80 581
-
-
withholding
3 272
5 641
-
-
total
3 272
5 641
-
-
Income
102 000
102 000
102 000
102 000
Total tax
33 422
27 060
42 657
46 872
After tax
68 578
74 940
59 343
55 128
Living cost
25 105
25 105
25 105
25 105
Free-cash
43 473
49 835
34 238
30 023

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10629
₽253
₽9404
₽431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
22 349
pensions
-
-
-
7 201
total
-
-
-
29 550
Employee
89 201
-
89 695
-
pensions
8 605
-
8 666
-
income
16 079
-
16 250
-
health
1 470
-
1 480
-
total
26 154
-
26 396
-
Employer
89 201
-
89 695
-
health
1 694
-
1 704
-
pensions
10 532
-
10 601
-
total
12 226
-
12 305
-
Corporate
573
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.

108
19 380
-
-
total
108
19 380
-
-
Dividends
465
82 620
-
-
withholding
35
8 945
-
-
total
35
8 945
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 523
28 325
38 701
29 550
After tax
63 477
73 675
63 299
72 450
Living cost
63 046
63 046
63 046
63 046
Free-cash
431
10 629
253
9 404

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74862
₽68880
₽65568
₽70486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
24 084
Employee
16 350
-
95 546
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
9 555
-
health
752
-
1 513
-
total
4 003
-
14 318
-
Employer
16 350
-
95 546
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
82 441
102 000
-
-
income
8 244
10 200
-
-
total
8 244
10 200
-
-
Dividends
74 197
91 800
-
-
withholding
3 710
4 590
-
-
total
3 710
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 166
14 790
20 772
24 084
After tax
82 834
87 210
81 228
77 916
Living cost
12 348
12 348
12 348
12 348
Free-cash
70 486
74 862
68 880
65 568

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2699
-₽516
₽5723
-₽644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
21 376
health
-
-
-
11 618
pensions
-
-
-
11 039
total
-
-
-
44 033
Employee
87 351
80 457
86 801
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
10 865
-
total
35 106
34 713
35 074
-
Employer
87 351
80 457
86 801
-
health
6 070
5 593
6 032
-
pensions
6 079
5 600
6 041
-
unemployment
3 145
2 896
3 125
-
total
15 294
14 089
15 198
-
Corporate
-
7 454
-
-
income
-
1 491
-
-
total
-
1 491
-
-
Dividends
-
5 963
-
-
income
-
1 268
-
-
withholding
-
894
-
-
total
-
2 162
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 400
52 455
50 272
44 033
After tax
51 600
49 545
51 728
57 967
Living cost
52 244
52 244
52 244
52 244
Free-cash
-644
-2 699
-516
5 723

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47110
₽28644
₽26562
₽38861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
health
-
-
-
13 770
total
-
-
-
52 321
Employee
33 996
-
76 119
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
4 948
-
income
4 080
-
9 134
-
health
4 590
-
10 276
-
total
10 880
-
24 358
-
Employer
33 996
-
76 119
-
health
3 060
-
6 851
-
social contributions
8 499
-
19 030
-
total
11 559
-
25 881
-
Corporate
56 445
102 000
-
-
income
10 725
19 380
-
-
total
10 725
19 380
-
-
Dividends
45 720
82 620
-
-
withholding
6 858
12 393
-
-
total
6 858
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 022
31 773
50 239
52 321
After tax
61 978
70 227
51 761
49 679
Living cost
23 118
23 118
23 118
23 118
Free-cash
38 861
47 110
28 644
26 562

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14666
₽7200
₽12053
₽9747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
1 139
municipal
-
-
-
606
national
-
-
-
22 212
total
-
-
-
50 191
Employee
83 734
-
102 000
-
municipal
443
-
540
-
national
14 509
-
19 111
-
regional
790
-
999
-
social contributions
28 235
-
34 394
-
total
43 977
-
55 044
-
Employer
83 734
-
102 000
-
total
-
-
-
-
Corporate
18 266
102 000
-
-
municipal
712
3 978
-
-
nationa
4 384
24 480
-
-
total
5 096
28 458
-
-
Dividends
13 171
73 541
-
-
withholding
3 424
19 120
-
-
total
3 424
19 120
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 497
47 578
55 044
50 191
After tax
49 503
54 422
46 956
51 809
Living cost
39 756
39 756
39 756
39 756
Free-cash
9 747
14 666
7 200
12 053

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽43369
₽28903
₽30651
₽40434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 134
other
-
-
-
-
surtax
-
-
-
2 567
unemployment
-
-
-
215
health
-
-
-
7 243
pensions
-
-
-
20 400
total
-
-
-
50 559
Employee
31 157
-
84 262
-
other
-
-
-
-
unemployment
2 169
-
5 864
-
pensions
2 078
-
5 619
-
surtax
102
-
2 314
-
income
5 223
-
18 623
-
health
796
-
2 149
-
total
10 368
-
34 569
-
Employer
31 157
-
84 262
-
health
1 418
-
3 835
-
pensions
4 153
-
11 232
-
unemployment
987
-
2 671
-
other
-
-
-
-
total
6 558
-
17 738
-
Corporate
64 285
102 000
-
-
income
16 714
26 520
-
-
total
16 714
26 520
-
-
Dividends
47 571
75 480
-
-
withholding
7 136
11 321
-
-
total
7 136
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 776
37 841
52 307
50 559
After tax
61 224
64 159
49 693
51 441
Living cost
20 790
20 790
20 790
20 790
Free-cash
40 434
43 369
28 903
30 651

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30603
₽20227
₽29378
₽25932
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
22 349
pensions
-
-
-
7 201
total
-
-
-
29 550
Employee
59 780
-
89 695
-
pensions
5 074
-
8 666
-
income
10 767
-
16 250
-
health
868
-
1 480
-
total
16 709
-
26 396
-
Employer
59 780
-
89 695
-
health
1 136
-
1 704
-
pensions
6 471
-
10 601
-
total
7 607
-
12 305
-
Corporate
34 613
102 000
-
-
income

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

6 577
19 380
-
-
total
6 577
19 380
-
-
Dividends
28 036
82 620
-
-
withholding
2 103
8 945
-
-
total
2 103
8 945
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 996
28 325
38 701
29 550
After tax
69 004
73 675
63 299
72 450
Living cost
43 072
43 072
43 072
43 072
Free-cash
25 932
30 603
20 227
29 378

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27808
₽5416
₽10475
₽4047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
other

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

-
-
-
2 040
regional
-
-
-
3 622
health
-
-
-
243
city
-
-
-
1 075
national
-
-
-
711
pensions
-
-
-
9 385
total
-
-
-
17 076
Employee
87 124
-
91 298
-
unemployment
-
-
-
-
pensions
7 320
-
7 668
-
national
412
-
503
-
regional
2 853
-
3 079
-
city
935
-
981
-
health
197
-
205
-
total
11 717
-
12 436
-
Employer
87 124
-
91 298
-
health
197
-
205
-
pensions
7 320
-
7 668
-
unemployment
-
-
-
-
other

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

1 742
-
1 826
-
total
9 259
-
9 699
-
Corporate
4 659
102 000
-
-
regional
985
21 573
-
-
national
396
8 670
-
-
total
1 381
30 243
-
-
Dividends
3 279
71 758
-
-
withholding
1 147
25 116
-
-
total
1 147
25 116
-
-
Income
102 000
102 000
102 000
102 000
Total tax
23 504
55 359
22 135
17 076
After tax
78 496
46 641
79 865
84 924
Living cost
74 449
74 449
74 449
74 449
Free-cash
4 047
-27 808
5 416
10 475

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7340
₽28417
₽18437
₽22618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
102 000
income

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

-
-
-
22 735
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.

-
-
-
1 250
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.

-
-
-
6 437
trade
-
-
-
9 980
total
-
-
-
40 402
Employee

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

56 622
-
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.

367
-
1 250
-
income

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

6 658
-
22 735
-
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.

6 437
-
6 437
-
total
13 462
-
30 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 378
102 000
-
-
income
6 807
15 299
-
-
surtax

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

374
842
-
-
chamber of commerce
207
286
-
-
trade
7 783
17 493
-
-
total
15 171
33 920
-
-
Dividends
30 207
68 079
-
-
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
917
-
-
withholding
7 193
16 662
-
-
total
7 588
17 579
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 221
51 499
30 422
40 402
After tax
65 779
50 501
71 578
61 598
Living cost
43 161
43 161
43 161
43 161
Free-cash
22 618
7 340
28 417
18 437

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
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.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽19172
₽30877
₽26281
₽24740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 815
other
-
-
-
3 163
surtax
-
-
-
-
social contributions
-
-
-
2 905
health
-
-
-
2 317
pensions
-
-
-
24 284
total
-
-
-
43 484
Employee
40 323
-
82 406
-
pensions
4 559
-
4 202
-
surtax
-
-
-
-
social contributions
1 150
-
2 348
-
income
2 380
-
12 744
-
total
8 089
-
19 294
-
Employer
40 323
-
82 406
-
health
2 823
-
5 817
-
pensions
6 624
-
7 349
-
unemployment
1 632
-
3 338
-
social contributions
122
-
247
-
other
1 391
-
2 843
-
total
12 592
-
19 594
-
Corporate
49 084
102 000
-
-
income
13 744
28 560
-
-
surtax
-
-
-
-
total
13 744
28 560
-
-
Dividends
35 341
73 440
-
-
surtax
-
-
-
-
social contributions
6 077
12 632
-
-
withholding
4 523
9 401
-
-
total
10 600
22 033
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 025
50 593
38 888
43 484
After tax
56 975
51 407
63 112
58 516
Living cost
32 235
32 235
32 235
32 235
Free-cash
24 740
19 172
30 877
26 281

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22366
₽34071
₽29475
₽27602
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 815
other
-
-
-
3 163
surtax
-
-
-
-
social contributions
-
-
-
2 905
health
-
-
-
2 317
pensions
-
-
-
24 284
total
-
-
-
43 484
Employee
35 994
-
82 406
-
pensions
4 071
-
4 202
-
surtax
-
-
-
-
social contributions
1 026
-
2 348
-
income
1 856
-
12 744
-
total
6 953
-
19 294
-
Employer
35 994
-
82 406
-
health
2 519
-
5 817
-
pensions
5 914
-
7 349
-
unemployment
1 457
-
3 338
-
social contributions
107
-
247
-
other
1 243
-
2 843
-
total
11 240
-
19 594
-
Corporate
54 765
102 000
-
-
income
15 335
28 560
-
-
surtax
-
-
-
-
total
15 335
28 560
-
-
Dividends
39 430
73 440
-
-
surtax
-
-
-
-
social contributions
6 782
12 632
-
-
withholding
5 047
9 401
-
-
total
11 829
22 033
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 357
50 593
38 888
43 484
After tax
56 643
51 407
63 112
58 516
Living cost
29 041
29 041
29 041
29 041
Free-cash
27 602
22 366
34 071
29 475

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42251
₽45301
₽45527
₽42740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 299
social contributions
-
-
-
14 076
health
-
-
-
7 120
total
-
-
-
36 495
Employee
31 945
-
102 000
-
social contributions
4 409
-
14 076
-
income
5 328
-
15 525
-
health
2 230
-
7 120
-
total
11 967
-
36 721
-
Employer
31 945
-
102 000
-
total
-
-
-
-
Corporate
70 055
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%.

3 503
5 099
-
-
total
3 503
5 099
-
-
Dividends
66 552
96 901
-
-
social contributions
9 185
13 372
-
-
withholding
9 982
14 536
-
-
health
4 645
6 764
-
-
total
23 812
34 672
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 282
39 771
36 721
36 495
After tax
62 718
62 229
65 279
65 505
Living cost
19 978
19 978
19 978
19 978
Free-cash
42 740
42 251
45 301
45 527

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23850
-₽3249
₽17809
₽22394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
17 947
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
408
health
-
-
-
7 803
pensions
-
-
-
18 870
total
-
-
-
50 993
Employee
47 085
37 547
79 055
-
other
470
375
790
-
unemployment
1 412
1 126
2 371
-
pensions
4 822
3 844
8 096
-
income
5 360
2 770
15 927
-
health
1 822
1 454
3 059
-
total
13 886
9 569
30 243
-
Employer
47 085
37 547
79 055
-
chamber of commerce
188
150
316
-
health
1 779
1 420
2 988
-
pensions
5 909
4 713
9 921
-
accident
611
488
1 028
-
unemployment
1 412
1 126
2 371
-
surtax
186
186
186
-
payroll
1 412
1 126
2 371
-
other
2 237
1 783
3 755
-
total
13 734
10 992
22 936
-
Corporate
41 180
53 461
75 489
-
income

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

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

10 295
13 365
18 872
-
total
10 295
13 365
18 872
-
Dividends
30 885
40 096
-
-
withholding
8 493
11 026
-
-
total
8 493
11 026
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 408
44 952
72 051
50 993
After tax
55 592
57 048
29 949
51 007
Living cost
33 198
33 198
33 198
33 198
Free-cash
22 394
23 850
-3 249
17 809

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22825
₽4942
₽12604
₽8695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
communal

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

-
-
-
5 140
social contributions
-
-
-
16 333
national
-
-
-
33 570
total
-
-
-
55 043
Employee

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

67 394
-
79 004
-
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.

586
-
687
-
communal

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

3 515
-
4 121
-
pensions

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

5 054
-
5 925
-
national
20 719
-
25 261
-
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.

3 166
-
3 714
-
total
33 040
-
39 708
-
Employer

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

67 394
-
79 004
-
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.

4 144
-
4 858
-
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.

5 972
-
7 000
-
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.

876
-
1 028
-
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.

983
-
1 153
-
surtax
7 642
-
8 958
-
total
19 617
-
22 997
-
Corporate
14 989
102 000
-
-
income
2 998
20 400
-
-
surtax
61
408
-
-
total
3 059
20 808
-
-
Dividends
11 930
81 192
-
-
withholding

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

3 236
24 014
-
-
total
3 236
24 014
-
-
Income
102 000
102 000
102 000
102 000
Total tax
58 952
44 822
62 705
55 043
After tax
43 048
57 178
39 295
46 957
Living cost
34 353
34 353
34 353
34 353
Free-cash
8 695
22 825
4 942
12 604

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34684
₽19295
₽21414
₽27175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
20 362
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
46 561
Employee
46 899
-
77 341
-
other
46
-
77
-
unemployment
728
-
1 198
-
pensions
2 205
-
3 635
-
income
9 895
-
19 114
-
total
12 874
-
24 024
-
Employer
46 899
-
77 341
-
pensions
11 067
-
18 253
-
accident
928
-
1 530
-
unemployment
2 580
-
4 253
-
other
374
-
620
-
total
14 949
-
24 656
-
Corporate
40 152
102 000
-
-
income

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

6 024
15 299
-
-
total
6 024
15 299
-
-
Dividends
34 129
86 701
-
-
withholding
6 953
17 992
-
-
total
6 953
17 992
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 800
33 291
48 680
46 561
After tax
61 200
68 709
53 320
55 439
Living cost
34 026
34 026
34 026
34 026
Free-cash
27 175
34 684
19 295
21 414

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10956
₽10434
₽6108
₽4158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
communal
-
-
-
6 447
accident
-
-
-
860
income
-
-
-
9 873
surtax
-
-
-
5 056
health
-
-
-
7 166
pensions
-
-
-
15 289
total
-
-
-
44 691
Employee
71 349
-
91 111
-
pensions
5 707
-
7 289
-
surtax
4 373
-
5 584
-
income
6 892
-
12 551
-
health
3 175
-
4 053
-
total
20 147
-
29 477
-
Employer
71 349
-
91 111
-
health
2 176
-
2 778
-
pensions
5 707
-
7 289
-
accident
642
-
821
-
total
8 525
-
10 888
-
Corporate
22 126
102 000
-
-
communal
-
6 885
-
-
income
3 318
15 299
-
-
surtax
232
1 071
-
-
total
3 550
23 255
-
-
Dividends
18 575
78 744
-
-
income
11 633
4 777
-
-
withholding
2 786
11 811
-
-
total
14 419
16 588
-
-
Income
102 000
102 000
102 000
102 000
Total tax
46 641
39 843
40 365
44 691
After tax
55 359
62 157
61 635
57 309
Living cost
51 201
51 201
51 201
51 201
Free-cash
4 158
10 956
10 434
6 108

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

Source of data for Luxembourg model

Close
Athens , Greece
₽42997
₽28531
₽30279
₽39999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 134
other
-
-
-
-
surtax
-
-
-
2 567
unemployment
-
-
-
215
health
-
-
-
7 243
pensions
-
-
-
20 400
total
-
-
-
50 559
Employee
31 729
-
84 262
-
other
-
-
-
-
unemployment
2 208
-
5 864
-
pensions
2 117
-
5 619
-
surtax
113
-
2 314
-
income
5 319
-
18 623
-
health
810
-
2 149
-
total
10 567
-
34 569
-
Employer
31 729
-
84 262
-
health
1 443
-
3 835
-
pensions
4 230
-
11 232
-
unemployment
1 007
-
2 671
-
other
-
-
-
-
total
6 680
-
17 738
-
Corporate
63 592
102 000
-
-
income
16 533
26 520
-
-
total
16 533
26 520
-
-
Dividends
47 058
75 480
-
-
withholding
7 059
11 321
-
-
total
7 059
11 321
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 839
37 841
52 307
50 559
After tax
61 161
64 159
49 693
51 441
Living cost
21 162
21 162
21 162
21 162
Free-cash
39 999
42 997
28 531
30 279

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽28233
₽21203
₽26030
₽26141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
1 538
municipal
-
-
-
606
national
-
-
-
22 212
total
-
-
-
50 590
Employee
52 263
-
102 000
-
municipal
277
-
540
-
national
8 280
-
19 111
-
regional
704
-
1 372
-
social contributions
17 624
-
34 394
-
total
26 885
-
55 417
-
Employer
52 263
-
102 000
-
total
-
-
-
-
Corporate
49 737
102 000
-
-
municipal
2 473
5 069
-
-
nationa
11 936
24 480
-
-
total
14 409
29 549
-
-
Dividends
35 328
72 451
-
-
withholding
9 185
18 838
-
-
total
9 185
18 838
-
-
Income
102 000
102 000
102 000
102 000
Total tax
50 479
48 387
55 417
50 590
After tax
51 521
53 613
46 583
51 410
Living cost
25 380
25 380
25 380
25 380
Free-cash
26 141
28 233
21 203
26 030

Estimated living cost  is ₽25380 per week

₽15784
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.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41740
₽23274
₽21192
₽31578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
8 767
social contributions
-
-
-
29 784
solidarity contribution
-
-
-
-
health
-
-
-
13 770
total
-
-
-
52 321
Employee
41 892
-
76 119
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
4 948
-
income
5 027
-
9 134
-
health
5 655
-
10 276
-
total
13 405
-
24 358
-
Employer
41 892
-
76 119
-
health
3 770
-
6 851
-
social contributions
10 473
-
19 030
-
total
14 243
-
25 881
-
Corporate
45 864
102 000
-
-
income
8 714
19 380
-
-
total
8 714
19 380
-
-
Dividends
37 150
82 620
-
-
withholding
5 573
12 393
-
-
total
5 573
12 393
-
-
Income
102 000
102 000
102 000
102 000
Total tax
41 935
31 773
50 239
52 321
After tax
60 065
70 227
51 761
49 679
Living cost
28 487
28 487
28 487
28 487
Free-cash
31 578
41 740
23 274
21 192

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
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.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽27090
-₽79
₽21135
₽26627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
17 947
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
408
health
-
-
-
7 803
pensions
-
-
-
18 870
total
-
-
-
50 807
Employee
41 185
37 547
79 202
-
other
411
375
792
-
unemployment
1 235
1 126
2 376
-
pensions
4 218
3 844
8 110
-
income
3 669
2 770
15 977
-
health
1 593
1 454
3 065
-
total
11 126
9 569
30 320
-
Employer
41 185
37 547
79 202
-
chamber of commerce
164
150
316
-
health
1 557
1 420
2 993
-
pensions
5 169
4 713
9 939
-
accident
535
488
1 030
-
unemployment
1 235
1 126
2 376
-
surtax
-
-
-
-
payroll
1 235
1 126
2 376
-
other
1 956
1 783
3 764
-
total
11 851
10 806
22 794
-
Corporate
48 963
53 647
75 630
-
income

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

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

12 240
13 411
18 907
-
total
12 240
13 411
18 907
-
Dividends
36 723
40 236
-
-
withholding
10 098
11 066
-
-
total
10 098
11 066
-
-
Income
102 000
102 000
102 000
102 000
Total tax
45 315
44 852
72 021
50 807
After tax
56 685
57 148
29 979
51 193
Living cost
30 058
30 058
30 058
30 058
Free-cash
26 627
27 090
-79
21 135

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85045
₽69745
₽89125
₽82822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
102 000
microenterprise

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

-
-
-
1 020
total
-
-
-
1 020
Employee
14 819
-
102 000
-
income
2 964
-
20 400
-
total
2 964
-
20 400
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

87 181
102 000
-
-
total
-
-
-
-
Dividends
87 181
102 000
-
-
withholding
4 359
5 100
-
-
total
4 359
5 100
-
-
Income
102 000
102 000
102 000
102 000
Total tax
7 323
5 100
20 400
1 020
After tax
94 677
96 900
81 600
100 980
Living cost
11 855
11 855
11 855
11 855
Free-cash
82 822
85 045
69 745
89 125

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44956
₽24239
₽27160
₽37075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 750
unemployment
-
-
-
154
health
-
-
-
10 037
pensions
-
-
-
18 628
total
-
-
-
49 569
Employee

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

41 663
-
88 258
-
unemployment
59
-
123
-
pensions
6 458
-
13 679
-
income
7 185
-
19 246
-
health
2 691
-
5 700
-
total
16 393
-
38 748
-
Employer

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

41 663
-
88 258
-
health
2 775
-
5 877
-
pensions
3 687
-
7 811
-
unemployment
25
-
54
-
total
6 487
-
13 742
-
Corporate
53 851
102 000
-
-
income
10 232
19 379
-
-
total
10 232
19 379
-
-
Dividends
43 618
82 621
-
-
withholding
6 542
12 394
-
-
total
6 542
12 394
-
-
Income
102 000
102 000
102 000
102 000
Total tax
39 654
31 773
52 490
49 569
After tax
62 346
70 227
49 510
52 431
Living cost
25 271
25 271
25 271
25 271
Free-cash
37 075
44 956
24 239
27 160

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21614
₽49226
₽30046
-₽37756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
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
99 312
39 943
12 331
31 510
After tax
2 688
62 057
89 669
70 490
Living cost
40 444
40 444
40 444
40 444
Free-cash
-37 756
21 614
49 226
30 046

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28466
₽21443
₽27117
₽27516
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 884
surtax
-
-
-
-
social contributions

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

-
-
-
35 446
total
-
-
-
45 330
Employee
43 332
-
82 424
-
surtax
-
-
-
-
social contributions
4 767
-
9 067
-
income
9 013
-
22 361
-
total
13 780
-
31 428
-
Employer
43 332
-
82 424
-
social contributions
10 291
-
19 576
-
total
10 291
-
19 576
-
Corporate
48 376
102 000
-
-
income
10 159
21 419
-
-
surtax
-
-
-
-
total
10 159
21 419
-
-
Dividends
38 217
80 581
-
-
withholding
10 701
22 562
-
-
total
10 701
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 931
43 981
51 004
45 330
After tax
57 069
58 019
50 996
56 670
Living cost
29 553
29 553
29 553
29 553
Free-cash
27 516
28 466
21 443
27 117

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
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.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5902
₽17607
₽13011
₽12381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 815
other
-
-
-
3 163
surtax
-
-
-
-
social contributions
-
-
-
2 905
health
-
-
-
2 317
pensions
-
-
-
24 284
total
-
-
-
43 484
Employee
59 010
-
82 406
-
pensions
6 674
-
4 202
-
surtax
-
-
-
-
social contributions
1 681
-
2 348
-
income
5 149
-
12 744
-
total
13 504
-
19 294
-
Employer
59 010
-
82 406
-
health
4 130
-
5 817
-
pensions
9 696
-
7 349
-
unemployment
2 390
-
3 338
-
social contributions
177
-
247
-
other
2 036
-
2 843
-
total
18 429
-
19 594
-
Corporate
24 560
102 000
-
-
income
6 876
28 560
-
-
surtax
-
-
-
-
total
6 876
28 560
-
-
Dividends
17 684
73 440
-
-
surtax
-
-
-
-
social contributions
3 041
12 632
-
-
withholding
2 264
9 401
-
-
total
5 305
22 033
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 114
50 593
38 888
43 484
After tax
57 886
51 407
63 112
58 516
Living cost
45 505
45 505
45 505
45 505
Free-cash
12 381
5 902
17 607
13 011

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63479
₽51715
₽49004
₽60314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
2 235
social contributions
-
-
-
22 440
total
-
-
-
24 675
Employee
30 290
-
88 312
-
income
-
-
2 535
-
social contributions
1 969
-
5 741
-
total
1 969
-
8 276
-
Employer
30 290
-
88 312
-
social contributions
4 695
-
13 688
-
total
4 695
-
13 688
-
Corporate
67 015
102 000
-
-
income
6 701
10 200
-
-
total
6 701
10 200
-
-
Dividends
60 314
91 800
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
13 365
10 200
21 964
24 675
After tax
88 635
91 800
80 036
77 325
Living cost
28 321
28 321
28 321
28 321
Free-cash
60 314
63 479
51 715
49 004

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103259
-₽103259
₽17433
-₽103259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
labour market
-
-
-
8 095
municipal
-
-
-
19 348
national
-
-
-
10 936
pensions
-
-
-
817
total
-
-
-
39 196
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 000
102 000
102 000
102 000
Total tax
159 888
159 888
159 888
39 196
After tax
-57 888
-57 888
-57 888
62 804
Living cost
45 371
45 371
45 371
45 371
Free-cash
-103 259
-103 259
-103 259
17 433

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12472
₽32335
₽49233
₽5081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
25 371
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
32 033
Employee
32 615
-
87 842
-
pensions
3 673
-
7 298
-
income
4 474
-
17 418
-
health
3 735
-
10 058
-
total
11 882
-
34 774
-
Employer
32 615
-
87 842
-
pensions
5 303
-
10 538
-
accident
545
-
1 467
-
unemployment
799
-
2 152
-
total
6 647
-
14 157
-
Corporate
62 738
102 000
-
-
income

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

56 464
91 800
-
-
total
56 464
91 800
-
-
Dividends
6 274
10 200
-
-
withholding
1 192
1 938
-
-
total
1 192
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
76 185
93 738
48 931
32 033
After tax
25 815
8 262
53 069
69 967
Living cost
20 734
20 734
20 734
20 734
Free-cash
5 081
-12 472
32 335
49 233

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31053
₽21400
₽35387
₽29810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
102 000
health
-
-
-
1 178
municipal
-
-
-
18 148
national
-
-
-
11 115
total
-
-
-
30 441
Employee
49 569
-
85 807
-
municipal
8 119
-
14 005
-
unemployment
744
-
1 287
-
pensions
3 345
-
5 791
-
national
819
-
6 223
-
health
370
-
928
-
total
13 397
-
28 234
-
Employer
49 569
-
85 807
-
health
381
-
662
-
pensions
8 600
-
14 888
-
accident
50
-
86
-
unemployment
322
-
558
-
total
9 353
-
16 194
-
Corporate
43 078
102 000
-
-
income
8 616
20 400
-
-
total
8 616
20 400
-
-
Dividends

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

25 847
61 200
-
-
municipal
4 652
11 015
-
-
national
-
3 360
-
-
total
4 652
14 375
-
-
Income
102 000
102 000
102 000
102 000
Total tax
36 018
34 775
44 428
30 441
After tax
65 982
67 225
57 572
71 559
Living cost
36 172
36 172
36 172
36 172
Free-cash
29 810
31 053
21 400
35 387

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52803
₽49381
₽49951
₽47676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 390
social contributions
-
-
-
15 244
health
-
-
-
2 601
total
-
-
-
30 235
Employee
72 448
72 448
92 601
-
social contributions
2 739
6 013
7 686
-
income
7 888
6 707
12 147
-
health
561
1 232
1 573
-
total
11 188
13 952
21 406
-
Employer
72 448
72 448
92 601
-
health
610
1 341
1 713
-
social contributions
2 739
6 013
7 686
-
total
3 349
7 354
9 399
-
Corporate
65 649
22 198
-
-
income
8 207
2 775
-
-
total
8 207
2 775
-
-
Dividends
57 442
19 423
-
-
withholding
9 766
3 302
-
-
total
9 766
3 302
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 510
27 383
30 805
30 235
After tax
69 490
74 617
71 195
71 765
Living cost
21 814
21 814
21 814
21 814
Free-cash
47 676
52 803
49 381
49 951

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69509
₽48862
₽67761
₽64713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 850
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
19 280
Employee

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

21 626
-
92 792
-
unemployment
107
-
447
-
pensions
3 243
-
13 410
-
income
1 479
-
7 515
-
health
1 838
-
7 599
-
total
6 667
-
28 971
-
Employer

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

21 626
-
92 792
-
health
930
-
3 844
-
pensions
1 189
-
4 917
-
unemployment
107
-
447
-
total
2 226
-
9 208
-
Corporate
78 148
102 000
-
-
income
7 034
9 179
-
-
total
7 034
9 179
-
-
Dividends
71 114
92 821
-
-
withholding
6 401
8 353
-
-
total
6 401
8 353
-
-
Income
102 000
102 000
102 000
102 000
Total tax
22 328
17 532
38 179
19 280
After tax
79 672
84 468
63 821
82 720
Living cost
14 959
14 959
14 959
14 959
Free-cash
64 713
69 509
48 862
67 761

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42801
₽27412
₽29531
₽37857
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
20 362
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
46 561
Employee
34 837
-
77 341
-
other
34
-
77
-
unemployment
540
-
1 198
-
pensions
1 638
-
3 635
-
income
6 716
-
19 114
-
total
8 928
-
24 024
-
Employer
34 837
-
77 341
-
pensions
8 221
-
18 253
-
accident
690
-
1 530
-
unemployment
1 917
-
4 253
-
other
279
-
620
-
total
11 107
-
24 656
-
Corporate
56 056
102 000
-
-
income

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

8 409
15 299
-
-
total
8 409
15 299
-
-
Dividends
47 647
86 701
-
-
withholding
9 791
17 992
-
-
total
9 791
17 992
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 235
33 291
48 680
46 561
After tax
63 765
68 709
53 320
55 439
Living cost
25 908
25 908
25 908
25 908
Free-cash
37 857
42 801
27 412
29 531

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61736
₽63128
₽63265
₽61423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
34 417
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
36 823
Employee
2 913
-
100 431
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
34 344
-
health
146
-
349
-
total
1 000
-
35 391
-
Employer
2 913
-
100 431
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
98 432
102 000
-
-
income
21 655
22 440
-
-
total
21 655
22 440
-
-
Dividends
76 777
79 560
-
-
withholding
15 355
15 912
-
-
total
15 355
15 912
-
-
Income
102 000
102 000
102 000
102 000
Total tax
38 665
38 352
36 960
36 823
After tax
63 335
63 648
65 040
65 177
Living cost
1 912
1 912
1 912
1 912
Free-cash
61 423
61 736
63 128
63 265

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57396
₽38602
₽38601
₽52760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 772
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
47 100
Employee

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

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

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

24 577
-
89 533
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
20 772
-
health
1 266
-
3 587
-
total
8 279
-
34 632
-
Employer

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

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

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

24 577
-
89 533
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
73 023
102 000
-
-
income
10 953
15 300
-
-
total
10 953
15 300
-
-
Dividends
62 070
86 700
-
-
withholding
9 310
13 005
-
-
total
9 310
13 005
-
-
Income
102 000
102 000
102 000
102 000
Total tax
32 941
28 305
47 099
47 100
After tax
69 059
73 695
54 901
54 900
Living cost
16 299
16 299
16 299
16 299
Free-cash
52 760
57 396
38 602
38 601

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32619
₽25596
₽31270
₽32278
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 884
surtax
-
-
-
-
social contributions

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

-
-
-
35 446
total
-
-
-
45 330
Employee
36 568
-
82 424
-
surtax
-
-
-
-
social contributions
4 023
-
9 067
-
income
7 145
-
22 361
-
total
11 168
-
31 428
-
Employer
36 568
-
82 424
-
social contributions
8 684
-
19 576
-
total
8 684
-
19 576
-
Corporate
56 748
102 000
-
-
income
11 917
21 419
-
-
surtax
-
-
-
-
total
11 917
21 419
-
-
Dividends
44 832
80 581
-
-
withholding
12 553
22 562
-
-
total
12 553
22 562
-
-
Income
102 000
102 000
102 000
102 000
Total tax
44 322
43 981
51 004
45 330
After tax
57 678
58 019
50 996
56 670
Living cost
25 400
25 400
25 400
25 400
Free-cash
32 278
32 619
25 596
31 270

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35597
₽20208
₽22327
₽28411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
20 362
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
46 561
Employee
45 502
-
77 341
-
other
45
-
77
-
unemployment
704
-
1 198
-
pensions
2 138
-
3 635
-
income
9 504
-
19 114
-
total
12 391
-
24 024
-
Employer
45 502
-
77 341
-
pensions
10 738
-
18 253
-
accident
901
-
1 530
-
unemployment
2 503
-
4 253
-
other
365
-
620
-
total
14 507
-
24 656
-
Corporate
41 990
102 000
-
-
income

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

6 299
15 299
-
-
total
6 299
15 299
-
-
Dividends
35 692
86 701
-
-
withholding
7 280
17 992
-
-
total
7 280
17 992
-
-
Income
102 000
102 000
102 000
102 000
Total tax
40 477
33 291
48 680
46 561
After tax
61 523
68 709
53 320
55 439
Living cost
33 112
33 112
33 112
33 112
Free-cash
28 411
35 597
20 208
22 327

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71009
₽65027
₽61715
₽65269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
15 300
unemployment
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
24 084
Employee
21 452
-
95 546
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
9 555
-
health
987
-
1 513
-
total
5 252
-
14 318
-
Employer
21 452
-
95 546
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
76 339
102 000
-
-
income
7 634
10 200
-
-
total
7 634
10 200
-
-
Dividends
68 705
91 800
-
-
withholding
3 435
4 590
-
-
total
3 435
4 590
-
-
Income
102 000
102 000
102 000
102 000
Total tax
20 530
14 790
20 772
24 084
After tax
81 470
87 210
81 228
77 916
Living cost
16 201
16 201
16 201
16 201
Free-cash
65 269
71 009
65 027
61 715

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16226
₽35204
₽26853
₽28553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
102 000
income

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

-
-
-
22 735
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.

-
-
-
1 250
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.

-
-
-
6 437
trade
-
-
-
8 351
total
-
-
-
38 773
Employee

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

46 879
-
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.

213
-
1 250
-
income

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

3 855
-
22 735
-
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.

6 437
-
6 437
-
total
10 505
-
30 422
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 121
102 000
-
-
income
8 267
15 299
-
-
surtax

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

454
842
-
-
chamber of commerce
223
293
-
-
trade
7 910
14 638
-
-
total
16 854
31 072
-
-
Dividends
38 267
70 927
-
-
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.

506
955
-
-
withholding
9 208
17 373
-
-
total
9 714
18 328
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 073
49 400
30 422
38 773
After tax
64 927
52 600
71 578
63 227
Living cost
36 374
36 374
36 374
36 374
Free-cash
28 553
16 226
35 204
26 853

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17729
₽13867
₽13867
₽19809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
25 228
social contributions
-
-
-
9 235
total
-
-
-
34 463
Employee
73 698
-
102 000
-
income
13 907
-
25 228
-
social contributions
6 123
-
9 235
-
total
20 030
-
34 463
-
Employer
73 698
-
102 000
-
total
-
-
-
-
Corporate
28 302
102 000
-
-
income
3 538
12 750
-
-
total
3 538
12 750
-
-
Dividends
24 763
89 250
-
-
withholding
4 953
17 851
-
-
total
4 953
17 851
-
-
Income
102 000
102 000
102 000
102 000
Total tax
28 521
30 601
34 463
34 463
After tax
73 479
71 399
67 537
67 537
Living cost
53 670
53 670
53 670
53 670
Free-cash
19 809
17 729
13 867
13 867

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27121
₽40831
₽35259
₽30413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
97 666
-
income
4 690
-
18 300
-
social contributions
4 330
-
4 334
-
total
9 020
-
22 634
-
Employer
43 221
-
97 666
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
54 449
102 000
-
-
income
19 058
35 700
-
-
total
19 058
35 700
-
-
Dividends
35 391
66 300
-
-
social contributions
4 978
4 978
-
-
total
4 978
4 978
-
-
Income
102 000
102 000
102 000
102 000
Total tax
37 386
40 678
26 968
32 540
After tax
64 614
61 322
75 032
69 460
Living cost
34 201
34 201
34 201
34 201
Free-cash
30 413
27 121
40 831
35 259

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38659
₽28283
₽37434
₽36091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
income
-
-
-
22 349
pensions
-
-
-
7 201
total
-
-
-
29 550
Employee
48 064
-
89 695
-
pensions
3 668
-
8 666
-
income
8 753
-
16 250
-
health
627
-
1 480
-
total
13 048
-
26 396
-
Employer
48 064
-
89 695
-
health
913
-
1 704
-
pensions
4 856
-
10 601
-
total
5 769
-
12 305
-
Corporate
48 166
102 000
-
-
income

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

9 151
19 380
-
-
total
9 151
19 380
-
-
Dividends
39 015
82 620
-
-
withholding
2 925
8 945
-
-
total
2 925
8 945
-
-
Income
102 000
102 000
102 000
102 000
Total tax
30 893
28 325
38 701
29 550
After tax
71 107
73 675
63 299
72 450
Living cost
35 016
35 016
35 016
35 016
Free-cash
36 091
38 659
28 283
37 434

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14524
₽30283
₽47181
₽4768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
25 371
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
32 033
Employee
35 844
-
87 842
-
pensions
4 036
-
7 298
-
income
4 917
-
17 418
-
health
4 104
-
10 058
-
total
13 057
-
34 774
-
Employer
35 844
-
87 842
-
pensions
5 828
-
10 538
-
accident
599
-
1 467
-
unemployment
878
-
2 152
-
total
7 305
-
14 157
-
Corporate
58 852
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.

52 966
91 800
-
-
total
52 966
91 800
-
-
Dividends
5 885
10 200
-
-
withholding
1 118
1 938
-
-
total
1 118
1 938
-
-
Income
102 000
102 000
102 000
102 000
Total tax
74 446
93 738
48 931
32 033
After tax
27 554
8 262
53 069
69 967
Living cost
22 786
22 786
22 786
22 786
Free-cash
4 768
-14 524
30 283
47 181

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73103
₽52697
₽45371
₽69387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
102 000
income
-
-
-
15 849
unemployment
-
-
-
1 224
work injury
-
-
-
510
health insurance
-
-
-
7 548
pensions
-
-
-
18 768
total
-
-
-
43 899
Employee

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

20 368
-
102 000
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
15 849
-
total
7 638
-
36 573
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 632
102 000
-
-
income

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

-
1 020
-
-
total
-
1 020
-
-
Dividends
81 632
100 980
-
-
withholding
12 245
15 147
-
-
total
12 245
15 147
-
-
Income
102 000
102 000
102 000
102 000
Total tax
19 883
16 167
36 573
43 899
After tax
82 117
85 833
65 427
58 101
Living cost
12 730
12 730
12 730
12 730
Free-cash
69 387
73 103
52 697
45 371

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16192
₽8564
₽13230
₽11906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 000
social contributions
-
-
-
26 234
regional
-
-
-
2 109
municipal
-
-
-
681
national
-
-
-
22 212
total
-
-
-
51 236
Employee
79 393
-
102 000
-
municipal
474
-
608
-
national
13 417
-
19 111
-
regional
1 199
-
1 789
-
social contributions
26 771
-
34 394
-
total
41 861
-
55 902
-
Employer
79 393
-
102 000
-
total
-
-
-
-
Corporate
22 607
102 000
-
-
municipal
1 089
4 917
-
-
nationa
5 426
24 480
-
-
total
6 515
29 397
-
-
Dividends
16 092
72 603
-
-
withholding
4 184
18 877
-
-
total
4 184
18 877
-
-
Income
102 000
102 000
102 000
102 000
Total tax
52 560
48 274
55 902
51 236
After tax
49 440
53 726
46 098
50 764
Living cost
37 534
37 534
37 534
37 534
Free-cash
11 906
16 192
8 564
13 230

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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