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
₽ 103000
per

Your estimated
City
free-cash

Dresden , Germany
₽42474
₽33654
₽21458
₽32638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income

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

-
-
-
21 806
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.

-
-
-
6 905
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.

-
-
-
1 199
trade
-
-
-
8 820
total
-
-
-
38 730
Employee

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

38 661
-
103 000
-
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.

1 080
-
21 806
-
surtax

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

59
-
1 199
-
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.

6 905
-
6 905
-
total
8 044
-
29 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 339
103 000
-
-
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.

531
850
-
-
income
9 650
15 449
-
-
chamber of commerce
246
301
-
-
trade
10 134
16 222
-
-
total
20 561
32 822
-
-
Dividends
43 778
70 178
-
-
withholding
10 560
17 160
-
-
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.

581
944
-
-
total
11 141
18 104
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 746
50 926
29 910
38 730
After tax
63 254
52 074
73 090
64 270
Living cost
30 616
30 616
30 616
30 616
Free-cash
32 638
21 458
42 474
33 654

Estimated living cost  is ₽30616 per week

₽19259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8538
₽7730
₽9671
₽8763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
1 107
national
-
-
-
16 533
pensions
-
-
-
12 360
municipal
-
-
-
10 669
total
-
-
-
40 669
Employee
84 642
-
89 043
-
municipal
10 455
-
11 068
-
national
16 200
-
17 151
-
pensions
3 386
-
3 562
-
total
30 041
-
31 781
-
Employer
84 642
-
89 043
-
pensions
6 771
-
7 123
-
social contributions
910
-
957
-
total
7 681
-
8 080
-
Corporate
5 091
103 000
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 018
20 600
-
-
total
1 018
20 600
-
-
Dividends
4 072
82 400
-
-
withholding
896
18 128
-
-
total
896
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 636
38 728
39 861
40 669
After tax
63 364
64 272
63 139
62 331
Living cost
54 601
54 601
54 601
54 601
Free-cash
8 763
9 671
8 538
7 730

Estimated living cost  is ₽54601 per week

₽37112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5076
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽817
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37005
₽33934
₽61372
₽53079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
social contributions

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

-
-
-
33 114
income
-
-
-
14 923
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
48 037
Employee
29 536
-
83 005
-
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.

3 249
-
9 131
-
income
5 258
-
15 840
-
surtax
-
-
-
-
total
8 507
-
24 971
-
Employer
29 536
-
83 005
-
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.

7 115
-
19 995
-
total
7 115
-
19 995
-
Corporate
66 349
103 000
-
-
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%.

13 270
20 599
-
-
total
13 270
20 599
-
-
Dividends

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

53 079
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 892
20 599
44 966
48 037
After tax
74 108
82 401
58 034
54 963
Living cost
21 029
21 029
21 029
21 029
Free-cash
53 079
61 372
37 005
33 934

Estimated living cost  is ₽21029 per week

₽13416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2003
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7991
₽16108
₽7532
₽1338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 484
health
-
-
-
12 221
pensions
-
-
-
11 843
total
-
-
-
44 548
Employee
86 319
86 319
87 653
-
income

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

14 129
14 129
14 129
-
health
13 249
11 269
11 346
-
pensions
15 537
11 843
11 843
-
total
42 915
37 241
37 318
-
Employer
86 319
86 319
87 653
-
unemployment
3 107
3 107
3 155
-
pensions
6 008
6 008
6 100
-
health
6 000
6 000
6 092
-
total
15 115
15 115
15 347
-
Corporate
2 625
1 566
-
-
income
526
313
-
-
total
526
313
-
-
Dividends
2 099
1 253
-
-
withholding
315
188
-
-
income
447
267
-
-
total
762
455
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 318
53 124
52 665
44 548
After tax
43 682
49 876
50 335
58 452
Living cost
42 344
42 344
42 344
42 344
Free-cash
1 338
7 532
7 991
16 108

Estimated living cost  is ₽42344 per week

₽30008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7845
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14196
₽13294
₽15430
₽14515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
179
national
-
-
-
-
health
-
-
-
5 581
unemployment
-
-
-
89
other
-
-
-
10 393
pensions
-
-
-
9 668
municipal
-
-
-
22 988
total
-
-
-
48 898
Employee
58 147
-
78 375
-
municipal
17 339
-
23 371
-
national
-
-
-
-
total
17 339
-
23 371
-
Employer
58 147
-
78 375
-
other
6 757
-
9 107
-
unemployment
1 535
-
2 069
-
pensions
6 286
-
8 472
-
health
3 576
-
4 820
-
accident
116
-
157
-
total
18 270
-
24 625
-
Corporate
26 583
103 000
-
-
income
5 848
22 660
-
-
total
5 848
22 660
-
-
Dividends
20 735
80 340
-
-
withholding
6 220
24 102
-
-
total
6 220
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 677
46 762
47 996
48 898
After tax
55 323
56 238
55 004
54 102
Living cost
40 808
40 808
40 808
40 808
Free-cash
14 515
15 430
14 196
13 294

Estimated living cost  is ₽40808 per week

₽27046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33381
₽24168
₽11836
₽26037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income

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

-
-
-
21 806
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.

-
-
-
6 905
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.

-
-
-
1 199
trade
-
-
-
9 213
total
-
-
-
39 123
Employee

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

51 260
-
103 000
-
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.

4 404
-
21 806
-
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.

242
-
1 199
-
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.

6 905
-
6 905
-
total
11 551
-
29 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 740
103 000
-
-
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.

428
850
-
-
income
7 761
15 449
-
-
chamber of commerce
226
299
-
-
trade
8 511
16 943
-
-
total
16 926
33 541
-
-
Dividends
34 814
69 459
-
-
withholding
8 319
16 980
-
-
surtax

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

458
934
-
-
total
8 777
17 914
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 254
51 455
29 910
39 123
After tax
65 746
51 545
73 090
63 877
Living cost
39 709
39 709
39 709
39 709
Free-cash
26 037
11 836
33 381
24 168

Estimated living cost  is ₽39709 per week

₽26557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39918
₽40020
₽42598
₽38407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
16 069
income
-
-
-
11 500
health
-
-
-
2 626
total
-
-
-
30 195
Employee
77 726
77 726
93 509
-
social contributions
3 777
6 451
7 761
-
income
8 162
7 195
11 455
-
health
773
1 322
1 590
-
total
12 712
14 968
20 806
-
Employer
77 726
77 726
93 509
-
health
842
1 439
1 730
-
social contributions
3 777
6 451
7 761
-
total
4 619
7 890
9 491
-
Corporate
52 884
17 384
-
-
income
6 610
2 173
-
-
total
6 610
2 173
-
-
Dividends
46 274
15 211
-
-
withholding
7 867
2 586
-
-
total
7 867
2 586
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 808
27 617
30 297
30 195
After tax
71 192
75 383
72 703
72 805
Living cost
32 785
32 785
32 785
32 785
Free-cash
38 407
42 598
39 918
40 020

Estimated living cost  is ₽32785 per week

₽22412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽39846
₽51489
₽38184
₽38599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
12 592
health
-
-
-
7 210
unemployment
-
-
-
1 545
pensions
-
-
-
10 300
total
-
-
-
31 647
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.

28 675
11 412
86 192
-
income
3 505
1 395
10 537
-
health
2 007
799
6 033
-
pensions
2 867
1 141
8 619
-
unemployment
430
171
1 293
-
total
8 809
3 506
26 482
-
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.

28 675
11 412
86 192
-
pensions
5 592
2 225
16 808
-
total
5 592
2 225
16 808
-
Corporate
68 734
89 363
-
-
income
6 186
8 043
-
-
total
6 186
8 043
-
-
Dividends
62 548
81 320
-
-
withholding
11 884
15 451
-
-
social contributions
12 066
15 727
-
-
total
23 950
31 178
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 537
44 952
43 290
31 647
After tax
58 463
58 048
59 710
71 353
Living cost
19 864
19 864
19 864
19 864
Free-cash
38 599
38 184
39 846
51 489

Estimated living cost  is ₽19864 per week

₽13556
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1625
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.
₽4286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34955
₽30794
₽57986
₽51706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 801
health
-
-
-
13 391
pensions
-
-
-
20 599
total
-
-
-
47 791
Employee
28 675
-
76 982
-
income
3 228
-
14 841
-
pensions
574
-
1 540
-
unemployment
458
-
1 231
-
total
4 260
-
17 612
-
Employer
28 675
-
76 982
-
unemployment
230
-
616
-
pensions
5 735
-
15 395
-
health
3 727
-
10 007
-
total
9 692
-
26 018
-
Corporate
64 632
103 000
-
-
income
12 927
20 599
-
-
total
12 927
20 599
-
-
Dividends
51 706
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 879
20 599
43 630
47 791
After tax
76 121
82 401
59 370
55 209
Living cost
24 415
24 415
24 415
24 415
Free-cash
51 706
57 986
34 955
30 794

Estimated living cost  is ₽24415 per week

₽16746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31117
₽48477
-₽13861
₽4937
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
255
income
-
-
-
25 290
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
32 319
Employee
34 928
-
88 245
-
income
4 792
-
17 121
-
health
3 999
-
10 104
-
pensions
3 933
-
7 700
-
total
12 724
-
34 925
-
Employer
34 928
-
88 245
-
unemployment
856
-
2 162
-
pensions
5 680
-
11 119
-
accident
583
-
1 473
-
total
7 119
-
14 754
-
Corporate
60 953
103 000
-
-
income

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

54 858
92 700
-
-
total
54 858
92 700
-
-
Dividends
6 095
10 300
-
-
withholding
1 158
1 957
-
-
total
1 158
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 859
94 657
49 679
32 319
After tax
27 141
8 343
53 321
70 681
Living cost
22 204
22 204
22 204
22 204
Free-cash
4 937
-13 861
31 117
48 477

Estimated living cost  is ₽22204 per week

₽16274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽73783
₽93353
₽89233
₽87617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
10 770
-
103 000
-
income
2 154
-
20 600
-
total
2 154
-
20 600
-
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%.

92 230
103 000
-
-
total
-
-
-
-
Dividends
92 230
103 000
-
-
withholding
4 612
5 150
-
-
total
4 612
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 766
5 150
20 600
1 030
After tax
96 234
97 850
82 400
101 970
Living cost
8 617
8 617
8 617
8 617
Free-cash
87 617
89 233
73 783
93 353

Estimated living cost  is ₽8617 per week

₽5340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽237
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33245
₽28838
₽48741
₽41914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 082
health
-
-
-
4 533
other
-
-
-
4 893
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.

-
-
-
24 720
total
-
-
-
47 228
Employee
36 701
-
82 268
-
income
6 319
-
14 356
-
health
514
-
1 151
-
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.

2 568
-
5 760
-
unemployment
366
-
823
-
total
9 767
-
22 090
-
Employer
36 701
-
82 268
-
other
1 836
-
4 113
-
unemployment
366
-
823
-
pensions

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

6 240
-
13 986
-
health
514
-
1 151
-
accident
293
-
658
-
total
9 249
-
20 731
-
Corporate
57 049
103 000
-
-
income
11 981
21 630
-
-
total
11 981
21 630
-
-
Dividends
45 068
81 370
-
-
withholding
3 155
5 695
-
-
total
3 155
5 695
-
-
Income
103 000
103 000
103 000
103 000
Total tax
34 152
27 325
42 821
47 228
After tax
68 848
75 675
60 179
55 772
Living cost
26 934
26 934
26 934
26 934
Free-cash
41 914
48 741
33 245
28 838

Estimated living cost  is ₽26934 per week

₽19030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1818
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.
₽5651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3412
₽6141
₽7715
-₽6202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 405
pensions
-
-
-
7 575
total
-
-
-
28 980
Employee
96 039
-
90 677
-
income
17 312
-
16 116
-
health
1 583
-
1 473
-
pensions
9 265
-
8 621
-
total
28 160
-
26 210
-
Employer
96 039
-
90 677
-
pensions
11 339
-
10 600
-
health
1 824
-
1 723
-
total
13 163
-
12 323
-
Corporate
-
103 000
-
-
income

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

-
19 570
-
-
total
-
19 570
-
-
Dividends
-
83 430
-
-
withholding
-
7 836
-
-
total
-
7 836
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 323
27 406
38 533
28 980
After tax
61 677
75 594
64 467
74 020
Living cost
67 879
67 879
67 879
67 879
Free-cash
-6 202
7 715
-3 412
6 141

Estimated living cost  is ₽67879 per week

₽50863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7975
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.
₽8490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68332
₽65084
₽74937
₽70286
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
15 450
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

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

-
-
-
5 176
total
-
-
-
24 788
Employee
17 384
-
96 138
-
income
1 738
-
9 613
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
health
800
-
1 609
-
pensions

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

1 526
-
3 071
-
total
4 255
-
14 678
-
Employer
17 384
-
96 138
-
unemployment
104
-
210
-
pensions

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

1 916
-
3 854
-
health
1 200
-
2 413
-
accident

We are using the highest rate at 1.1%.

191
-
385
-
total
3 411
-
6 862
-
Corporate
82 205
103 000
-
-
income
8 220
10 300
-
-
total
8 220
10 300
-
-
Dividends
73 985
92 700
-
-
withholding
3 700
4 635
-
-
total
3 700
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 586
14 935
21 540
24 788
After tax
83 414
88 065
81 460
78 212
Living cost
13 128
13 128
13 128
13 128
Free-cash
70 286
74 937
68 332
65 084

Estimated living cost  is ₽13128 per week

₽7664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5716
₽2401
-₽6175
-₽7122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 484
health
-
-
-
12 221
pensions
-
-
-
11 843
total
-
-
-
44 548
Employee
93 714
86 319
87 653
-
income

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

14 129
14 129
14 129
-
health
11 691
11 269
11 346
-
pensions
11 843
11 843
11 843
-
total
37 663
37 241
37 318
-
Employer
93 714
86 319
87 653
-
unemployment
3 374
3 107
3 155
-
pensions
6 522
6 008
6 100
-
health
6 512
6 000
6 092
-
total
16 408
15 115
15 347
-
Corporate
-
1 566
-
-
income
-
313
-
-
total
-
313
-
-
Dividends
-
1 253
-
-
withholding
-
188
-
-
income
-
267
-
-
total
-
455
-
-
Income
103 000
103 000
103 000
103 000
Total tax
54 071
53 124
52 665
44 548
After tax
48 929
49 876
50 335
58 452
Living cost
56 051
56 051
56 051
56 051
Free-cash
-7 122
-6 175
-5 716
2 401

Estimated living cost  is ₽56051 per week

₽41347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽643
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27032
₽24929
₽45679
₽36676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
30 076
income
-
-
-
8 853
health
-
-
-
13 905
solidarity contribution
-
-
-
-
total
-
-
-
52 834
Employee
37 113
-
76 866
-
social contributions
2 412
-
4 996
-
income
4 454
-
9 224
-
health
5 010
-
10 377
-
solidarity contribution
-
-
-
-
total
11 876
-
24 597
-
Employer
37 113
-
76 866
-
health
3 340
-
6 918
-
social contributions
9 278
-
19 216
-
total
12 618
-
26 134
-
Corporate
53 268
103 000
-
-
income
10 121
19 570
-
-
total
10 121
19 570
-
-
Dividends
43 147
83 430
-
-
withholding
6 472
12 514
-
-
total
6 472
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 087
32 084
50 731
52 834
After tax
61 913
70 916
52 269
50 166
Living cost
25 237
25 237
25 237
25 237
Free-cash
36 676
45 679
27 032
24 929

Estimated living cost  is ₽25237 per week

₽17530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1795
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5188
₽10092
₽12302
₽7024
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
national
-
-
-
22 013
regional
-
-
-
1 139
municipal
-
-
-
612
total
-
-
-
50 256
Employee
89 834
-
103 000
-
social contributions
30 292
-
34 731
-
municipal
476
-
547
-
regional
848
-
999
-
national
15 566
-
18 883
-
total
47 182
-
55 160
-
Employer
89 834
-
103 000
-
total
-
-
-
-
Corporate
13 166
103 000
-
-
nationa
3 159
24 720
-
-
municipal
514
4 017
-
-
total
3 673
28 737
-
-
Dividends
9 493
74 264
-
-
withholding
2 469
19 309
-
-
total
2 469
19 309
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 324
48 046
55 160
50 256
After tax
49 676
54 954
47 840
52 744
Living cost
42 652
42 652
42 652
42 652
Free-cash
7 024
12 302
5 188
10 092

Estimated living cost  is ₽42652 per week

₽29732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2797
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽654
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28495
₽30491
₽42483
₽39334
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 640
health
-
-
-
7 312
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
20 599
surtax
-
-
-
2 423
total
-
-
-
50 204
Employee
33 427
-
85 090
-
income
5 603
-
18 332
-
surtax
109
-
2 192
-
health
854
-
2 169
-
pensions
2 229
-
5 676
-
unemployment
2 327
-
5 921
-
other
-
-
-
-
total
11 122
-
34 290
-
Employer
33 427
-
85 090
-
other
-
-
-
-
unemployment
1 059
-
2 697
-
pensions
4 456
-
11 342
-
health
1 521
-
3 871
-
total
7 036
-
17 910
-
Corporate
62 537
103 000
-
-
income
16 261
26 780
-
-
total
16 261
26 780
-
-
Dividends
46 277
76 220
-
-
withholding
6 942
11 432
-
-
total
6 942
11 432
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 361
38 212
52 200
50 204
After tax
61 639
64 788
50 800
52 796
Living cost
22 305
22 305
22 305
22 305
Free-cash
39 334
42 483
28 495
30 491

Estimated living cost  is ₽22305 per week

₽13638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18094
₽27647
₽29221
₽22814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 405
pensions
-
-
-
7 575
total
-
-
-
28 980
Employee
64 363
-
90 677
-
income
11 592
-
16 116
-
health
934
-
1 473
-
pensions
5 463
-
8 621
-
total
17 989
-
26 210
-
Employer
64 363
-
90 677
-
pensions
6 967
-
10 600
-
health
1 223
-
1 723
-
total
8 190
-
12 323
-
Corporate
30 447
103 000
-
-
income

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

5 785
19 570
-
-
total
5 785
19 570
-
-
Dividends
24 662
83 430
-
-
withholding
1 849
7 836
-
-
total
1 849
7 836
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 813
27 406
38 533
28 980
After tax
69 187
75 594
64 467
74 020
Living cost
46 373
46 373
46 373
46 373
Free-cash
22 814
29 221
18 094
27 647

Estimated living cost  is ₽46373 per week

₽34743
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1461
₽6632
-₽32261
₽1281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
city
-
-
-
1 084
health
-
-
-
259
national
-
-
-
624
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.

-
-
-
2 061
pensions
-
-
-
9 476
regional
-
-
-
3 504
total
-
-
-
17 008
Employee
92 872
-
92 187
-
regional
3 041
-
3 004
-
health
210
-
208
-
national
440
-
433
-
pensions
7 802
-
7 745
-
unemployment
-
-
-
-
city
997
-
991
-
total
12 490
-
12 381
-
Employer
92 872
-
92 187
-
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.

1 857
-
1 845
-
unemployment
-
-
-
-
pensions
7 802
-
7 745
-
health
210
-
208
-
total
9 869
-
9 798
-
Corporate
-
103 000
-
-
regional
-
21 785
-
-
national
-
8 754
-
-
total
-
30 539
-
-
Dividends
-
72 461
-
-
withholding
-
25 362
-
-
total
-
25 362
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 359
55 901
22 179
17 008
After tax
80 641
47 099
80 821
85 992
Living cost
79 360
79 360
79 360
79 360
Free-cash
1 281
-32 261
1 461
6 632

Estimated living cost  is ₽79360 per week

₽51607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽974
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26785
₽17181
₽4707
₽21100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income

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

-
-
-
21 806
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.

-
-
-
6 905
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.

-
-
-
1 199
trade
-
-
-
9 604
total
-
-
-
39 514
Employee

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

60 748
-
103 000
-
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.

7 143
-
21 806
-
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.

393
-
1 199
-
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.

6 905
-
6 905
-
total
14 441
-
29 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 252
103 000
-
-
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.

349
850
-
-
income
6 338
15 449
-
-
chamber of commerce
213
299
-
-
trade
7 247
17 665
-
-
total
14 147
34 263
-
-
Dividends
28 106
68 737
-
-
withholding
6 643
16 800
-
-
surtax

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

364
925
-
-
total
7 007
17 725
-
-
Income
103 000
103 000
103 000
103 000
Total tax
35 595
51 988
29 910
39 514
After tax
67 405
51 012
73 090
63 486
Living cost
46 305
46 305
46 305
46 305
Free-cash
21 100
4 707
26 785
17 181

Estimated living cost  is ₽46305 per week

₽33820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30171
₽24672
₽17328
₽23303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
2 935
income
-
-
-
10 080
health
-
-
-
2 012
other
-
-
-
3 198
pensions
-
-
-
25 520
surtax
-
-
-
-
total
-
-
-
43 745
Employee
43 261
-
83 550
-
social contributions
1 233
-
2 380
-
income
2 553
-
12 397
-
surtax
-
-
-
-
pensions
4 891
-
4 017
-
total
8 677
-
18 794
-
Employer
43 261
-
83 550
-
other
1 492
-
2 883
-
unemployment
1 751
-
3 384
-
pensions
7 107
-
7 085
-
health
3 029
-
5 849
-
social contributions
130
-
251
-
total
13 509
-
19 452
-
Corporate
46 229
103 000
-
-
surtax
-
-
-
-
income
12 944
28 840
-
-
total
12 944
28 840
-
-
Dividends
33 285
74 160
-
-
withholding
4 260
9 493
-
-
surtax
-
-
-
-
social contributions
5 724
12 756
-
-
total
9 984
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 114
51 089
38 246
43 745
After tax
57 886
51 911
64 754
59 255
Living cost
34 583
34 583
34 583
34 583
Free-cash
23 303
17 328
30 171
24 672

Estimated living cost  is ₽34583 per week

₽21806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33597
₽28098
₽20754
₽26371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
2 935
income
-
-
-
10 080
health
-
-
-
2 012
other
-
-
-
3 198
pensions
-
-
-
25 520
surtax
-
-
-
-
total
-
-
-
43 745
Employee
38 616
-
83 550
-
social contributions
1 101
-
2 380
-
income
1 991
-
12 397
-
surtax
-
-
-
-
pensions
4 368
-
4 017
-
total
7 460
-
18 794
-
Employer
38 616
-
83 550
-
other
1 333
-
2 883
-
unemployment
1 563
-
3 384
-
pensions
6 345
-
7 085
-
health
2 703
-
5 849
-
social contributions
115
-
251
-
total
12 059
-
19 452
-
Corporate
52 324
103 000
-
-
surtax
-
-
-
-
income
14 651
28 840
-
-
total
14 651
28 840
-
-
Dividends
37 673
74 160
-
-
withholding
4 822
9 493
-
-
surtax
-
-
-
-
social contributions
6 480
12 756
-
-
total
11 302
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 472
51 089
38 246
43 745
After tax
57 528
51 911
64 754
59 255
Living cost
31 157
31 157
31 157
31 157
Free-cash
26 371
20 754
33 597
28 098

Estimated living cost  is ₽31157 per week

₽18069
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44794
₽44714
₽41403
₽41931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
14 214
income
-
-
-
15 449
health
-
-
-
7 189
total
-
-
-
36 852
Employee
34 272
-
103 000
-
social contributions
4 730
-
14 214
-
income
5 716
-
15 369
-
health
2 392
-
7 189
-
total
12 838
-
36 772
-
Employer
34 272
-
103 000
-
total
-
-
-
-
Corporate
68 728
103 000
-
-
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%.

3 435
5 150
-
-
total
3 435
5 150
-
-
Dividends
65 292
97 850
-
-
health
4 558
6 831
-
-
withholding
9 794
14 678
-
-
social contributions
9 010
13 504
-
-
total
23 362
35 013
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 635
40 163
36 772
36 852
After tax
63 365
62 837
66 228
66 148
Living cost
21 434
21 434
21 434
21 434
Free-cash
41 931
41 403
44 794
44 714

Estimated living cost  is ₽21434 per week

₽14344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
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.
₽5273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4613
₽16379
₽22092
₽20527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
17 258
health
-
-
-
7 880
unemployment
-
-
-
6 200
pensions
-
-
-
19 055
surtax
-
-
-
199
chamber of commerce
-
-
-
412
total
-
-
-
51 004
Employee
50 515
40 282
79 828
-
income
5 751
2 971
15 370
-
health
1 955
1 559
3 090
-
pensions
5 173
4 124
8 175
-
unemployment
1 515
1 208
2 394
-
other
504
403
798
-
total
14 898
10 265
29 827
-
Employer
50 515
40 282
79 828
-
other
2 400
1 912
3 792
-
surtax
199
199
199
-
unemployment
1 515
1 208
2 394
-
pensions
6 340
5 056
10 019
-
payroll
1 515
1 208
2 394
-
health
1 909
1 523
3 017
-
accident
656
524
1 038
-
chamber of commerce
201
161
318
-
total
14 735
11 791
23 171
-
Corporate
37 749
50 925
75 992
-
income

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

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

9 437
12 731
18 998
-
total
9 437
12 731
18 998
-
Dividends
28 312
38 194
-
-
withholding
7 786
10 504
-
-
total
7 786
10 504
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 856
45 291
71 996
51 004
After tax
56 144
57 709
31 004
51 996
Living cost
35 617
35 617
35 617
35 617
Free-cash
20 527
22 092
-4 613
16 379

Estimated living cost  is ₽35617 per week

₽23755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3185
₽11287
₽20905
₽5747
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
16 172
national
-
-
-
33 476
communal

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

-
-
-
5 210
total
-
-
-
54 858
Employee

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

72 303
-
79 778
-
communal

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

3 771
-
4 161
-
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.

3 397
-
3 748
-
national
22 229
-
25 152
-
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.

5 423
-
5 983
-
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.

629
-
694
-
total
35 449
-
39 738
-
Employer

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

72 303
-
79 778
-
surtax
8 198
-
9 046
-
unemployment

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

1 055
-
1 164
-
pensions

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

6 407
-
7 069
-
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.

4 446
-
4 905
-
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.

940
-
1 038
-
total
21 046
-
23 222
-
Corporate
9 650
103 000
-
-
surtax
38
412
-
-
income
1 930
20 599
-
-
total
1 968
21 011
-
-
Dividends
7 682
81 988
-
-
withholding

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

1 935
24 229
-
-
total
1 935
24 229
-
-
Income
103 000
103 000
103 000
103 000
Total tax
60 398
45 240
62 960
54 858
After tax
42 602
57 760
40 040
48 142
Living cost
36 855
36 855
36 855
36 855
Free-cash
5 747
20 905
3 185
11 287

Estimated living cost  is ₽36855 per week

₽23740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17822
₽18924
₽32891
₽24836
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
844
income
-
-
-
19 465
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
47 572
Employee
50 315
-
78 104
-
income
10 616
-
18 818
-
pensions
2 365
-
3 671
-
unemployment
781
-
1 210
-
other
50
-
79
-
total
13 812
-
23 778
-
Employer
50 315
-
78 104
-
other
401
-
623
-
unemployment
2 768
-
4 295
-
pensions
11 874
-
18 432
-
accident
996
-
1 546
-
total
16 039
-
24 896
-
Corporate
36 647
103 000
-
-
income

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

5 498
15 449
-
-
total
5 498
15 449
-
-
Dividends
31 149
87 551
-
-
withholding
6 311
18 156
-
-
total
6 311
18 156
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 660
33 605
48 674
47 572
After tax
61 340
69 395
54 326
55 428
Living cost
36 504
36 504
36 504
36 504
Free-cash
24 836
32 891
17 822
18 924

Estimated living cost  is ₽36504 per week

₽26882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8353
₽3784
₽8053
₽1075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
869
income
-
-
-
9 125
health
-
-
-
7 237
communal
-
-
-
6 510
pensions
-
-
-
15 438
surtax
-
-
-
5 106
total
-
-
-
44 285
Employee
76 547
-
92 005
-
income
7 394
-
11 628
-
surtax
4 692
-
5 638
-
health
3 407
-
4 095
-
pensions
6 123
-
7 360
-
total
21 616
-
28 721
-
Employer
76 547
-
92 005
-
pensions
6 123
-
7 360
-
health
2 334
-
2 806
-
accident
689
-
829
-
total
9 146
-
10 995
-
Corporate
17 307
103 000
-
-
surtax
182
1 082
-
-
income
2 595
15 449
-
-
communal
-
6 953
-
-
total
2 777
23 484
-
-
Dividends
14 529
79 516
-
-
withholding
2 179
11 927
-
-
income
11 276
4 605
-
-
total
13 455
16 532
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 994
40 016
39 716
44 285
After tax
56 006
62 984
63 284
58 715
Living cost
54 931
54 931
54 931
54 931
Free-cash
1 075
8 053
8 353
3 784

Estimated living cost  is ₽54931 per week

₽41207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28096
₽30092
₽42084
₽38867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 640
health
-
-
-
7 312
unemployment
-
-
-
230
other
-
-
-
-
pensions
-
-
-
20 599
surtax
-
-
-
2 423
total
-
-
-
50 204
Employee
34 040
-
85 090
-
income
5 707
-
18 332
-
surtax
121
-
2 192
-
health
869
-
2 169
-
pensions
2 271
-
5 676
-
unemployment
2 369
-
5 921
-
other
-
-
-
-
total
11 337
-
34 290
-
Employer
34 040
-
85 090
-
other
-
-
-
-
unemployment
1 080
-
2 697
-
pensions
4 538
-
11 342
-
health
1 548
-
3 871
-
total
7 166
-
17 910
-
Corporate
61 793
103 000
-
-
income
16 067
26 780
-
-
total
16 067
26 780
-
-
Dividends
45 727
76 220
-
-
withholding
6 859
11 432
-
-
total
6 859
11 432
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 429
38 212
52 200
50 204
After tax
61 571
64 788
50 800
52 796
Living cost
22 704
22 704
22 704
22 704
Free-cash
38 867
42 084
28 096
30 092

Estimated living cost  is ₽22704 per week

₽13707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20224
₽25101
₽26908
₽24665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
national
-
-
-
22 013
regional
-
-
-
1 553
municipal
-
-
-
612
total
-
-
-
50 670
Employee
56 071
-
103 000
-
social contributions
18 908
-
34 731
-
municipal
297
-
547
-
regional
755
-
1 386
-
national
8 883
-
18 883
-
total
28 843
-
55 547
-
Employer
56 071
-
103 000
-
total
-
-
-
-
Corporate
46 929
103 000
-
-
nationa
11 264
24 720
-
-
municipal
2 333
5 120
-
-
total
13 597
29 840
-
-
Dividends
33 333
73 161
-
-
withholding
8 666
19 023
-
-
total
8 666
19 023
-
-
Income
103 000
103 000
103 000
103 000
Total tax
51 106
48 863
55 547
50 670
After tax
51 894
54 137
47 453
52 330
Living cost
27 229
27 229
27 229
27 229
Free-cash
24 665
26 908
20 224
25 101

Estimated living cost  is ₽27229 per week

₽16934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21170
₽19067
₽39817
₽28722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
30 076
income
-
-
-
8 853
health
-
-
-
13 905
solidarity contribution
-
-
-
-
total
-
-
-
52 834
Employee
45 733
-
76 866
-
social contributions
2 973
-
4 996
-
income
5 488
-
9 224
-
health
6 174
-
10 377
-
solidarity contribution
-
-
-
-
total
14 635
-
24 597
-
Employer
45 733
-
76 866
-
health
4 116
-
6 918
-
social contributions
11 433
-
19 216
-
total
15 549
-
26 134
-
Corporate
41 718
103 000
-
-
income
7 926
19 570
-
-
total
7 926
19 570
-
-
Dividends
33 791
83 430
-
-
withholding
5 069
12 514
-
-
total
5 069
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
43 179
32 084
50 731
52 834
After tax
59 821
70 916
52 269
50 166
Living cost
31 099
31 099
31 099
31 099
Free-cash
28 722
39 817
21 170
19 067

Estimated living cost  is ₽31099 per week

₽23127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1723
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.
₽5711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1214
₽19947
₽25570
₽25069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
17 258
health
-
-
-
7 880
unemployment
-
-
-
6 200
pensions
-
-
-
19 055
surtax
-
-
-
-
chamber of commerce
-
-
-
412
total
-
-
-
50 805
Employee
44 185
40 282
79 982
-
income
3 936
2 971
15 424
-
health
1 709
1 559
3 096
-
pensions
4 525
4 124
8 191
-
unemployment
1 325
1 208
2 400
-
other
441
403
800
-
total
11 936
10 265
29 911
-
Employer
44 185
40 282
79 982
-
other
2 099
1 912
3 798
-
surtax
-
-
-
-
unemployment
1 325
1 208
2 400
-
pensions
5 545
5 056
10 038
-
payroll
1 325
1 208
2 400
-
health
1 671
1 523
3 023
-
accident
574
524
1 040
-
chamber of commerce
176
161
320
-
total
12 715
11 592
23 019
-
Corporate
46 099
51 124
76 145
-
income

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

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

11 524
12 781
19 036
-
total
11 524
12 781
19 036
-
Dividends
34 575
38 344
-
-
withholding
9 508
10 544
-
-
total
9 508
10 544
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 683
45 182
71 966
50 805
After tax
57 317
57 818
31 034
52 195
Living cost
32 248
32 248
32 248
32 248
Free-cash
25 069
25 570
-1 214
19 947

Estimated living cost  is ₽32248 per week

₽19345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68973
₽88543
₽84423
₽81905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
16 784
-
103 000
-
income
3 357
-
20 600
-
total
3 357
-
20 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

86 216
103 000
-
-
total
-
-
-
-
Dividends
86 216
103 000
-
-
withholding
4 311
5 150
-
-
total
4 311
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 668
5 150
20 600
1 030
After tax
95 332
97 850
82 400
101 970
Living cost
13 427
13 427
13 427
13 427
Free-cash
81 905
84 423
68 973
88 543

Estimated living cost  is ₽13427 per week

₽9086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23141
₽26092
₽43805
₽35348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income
-
-
-
20 695
health
-
-
-
10 136
unemployment
-
-
-
155
pensions
-
-
-
18 810
total
-
-
-
49 796
Employee

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

44 698
-
89 124
-
income
7 708
-
19 174
-
health
2 887
-
5 756
-
pensions
6 929
-
13 815
-
unemployment
63
-
125
-
total
17 587
-
38 870
-
Employer

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

44 698
-
89 124
-
unemployment
27
-
54
-
pensions
3 955
-
7 888
-
health
2 977
-
5 935
-
total
6 959
-
13 877
-
Corporate
51 343
103 000
-
-
income
9 756
19 569
-
-
total
9 756
19 569
-
-
Dividends
41 587
83 431
-
-
withholding
6 238
12 514
-
-
total
6 238
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 540
32 083
52 747
49 796
After tax
62 460
70 917
50 253
53 204
Living cost
27 112
27 112
27 112
27 112
Free-cash
35 348
43 805
23 141
26 092

Estimated living cost  is ₽27112 per week

₽18606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40489
₽23276
₽14760
-₽62539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
11 742
income
-
-
-
20 077
total
-
-
-
31 819
Employee
68 688
-
-
-
social contributions
5 632
-
803
-
income
15 151
-
-
-
total
20 783
-
803
-
Employer
68 688
-
-
-
social contributions
96 851
-
13 803
-
total
96 851
-
13 803
-
Corporate
-
103 000
-
-
income
-
22 660
-
-
total
-
22 660
-
-
Dividends
-
80 340
-
-
income
-
17 675
-
-
total
-
17 675
-
-
Income
103 000
103 000
103 000
103 000
Total tax
117 634
40 335
14 606
31 819
After tax
-14 634
62 665
88 394
71 181
Living cost
47 905
47 905
47 905
47 905
Free-cash
-62 539
14 760
40 489
23 276

Estimated living cost  is ₽47905 per week

₽31082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4505
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.
₽11706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20462
₽25802
₽26880
₽25863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
social contributions

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

-
-
-
35 793
income
-
-
-
9 699
surtax
-
-
-
-
total
-
-
-
45 492
Employee
46 489
-
83 233
-
social contributions
5 114
-
9 156
-
income
9 670
-
21 909
-
surtax
-
-
-
-
total
14 784
-
31 065
-
Employer
46 489
-
83 233
-
social contributions
11 041
-
19 767
-
total
11 041
-
19 767
-
Corporate
45 470
103 000
-
-
surtax
-
-
-
-
income
9 549
21 630
-
-
total
9 549
21 630
-
-
Dividends
35 921
81 370
-
-
withholding
10 057
22 784
-
-
total
10 057
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 431
44 414
50 832
45 492
After tax
57 569
58 586
52 168
57 508
Living cost
31 706
31 706
31 706
31 706
Free-cash
25 863
26 880
20 462
25 802

Estimated living cost  is ₽31706 per week

₽23722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15934
₽10435
₽3091
₽10038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
2 935
income
-
-
-
10 080
health
-
-
-
2 012
other
-
-
-
3 198
pensions
-
-
-
25 520
surtax
-
-
-
-
total
-
-
-
43 745
Employee
63 309
-
83 550
-
social contributions
1 803
-
2 380
-
income
5 524
-
12 397
-
surtax
-
-
-
-
pensions
7 161
-
4 017
-
total
14 488
-
18 794
-
Employer
63 309
-
83 550
-
other
2 185
-
2 883
-
unemployment
2 565
-
3 384
-
pensions
10 402
-
7 085
-
health
4 431
-
5 849
-
social contributions
190
-
251
-
total
19 773
-
19 452
-
Corporate
19 919
103 000
-
-
surtax
-
-
-
-
income
5 578
28 840
-
-
total
5 578
28 840
-
-
Dividends
14 341
74 160
-
-
withholding
1 836
9 493
-
-
surtax
-
-
-
-
social contributions
2 467
12 756
-
-
total
4 303
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 142
51 089
38 246
43 745
After tax
58 858
51 911
64 754
59 255
Living cost
48 820
48 820
48 820
48 820
Free-cash
10 038
3 091
15 934
10 435

Estimated living cost  is ₽48820 per week

₽33041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50797
₽48059
₽62315
₽58920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
1 895
social contributions
-
-
-
22 662
total
-
-
-
24 557
Employee
32 496
-
89 178
-
social contributions
2 112
-
5 797
-
income
-
-
2 200
-
total
2 112
-
7 997
-
Employer
32 496
-
89 178
-
social contributions
5 037
-
13 822
-
total
5 037
-
13 822
-
Corporate
65 467
103 000
-
-
income
6 547
10 301
-
-
total
6 547
10 301
-
-
Dividends
58 920
92 699
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 696
10 301
21 819
24 557
After tax
89 304
92 699
81 181
78 443
Living cost
30 384
30 384
30 384
30 384
Free-cash
58 920
62 315
50 797
48 059

Estimated living cost  is ₽30384 per week

₽19646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2290
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽116838
₽15170
-₽116838
-₽116838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
national
-
-
-
10 956
pensions
-
-
-
875
labour market
-
-
-
8 170
municipal
-
-
-
19 236
total
-
-
-
39 237
Employee
205 101
205 101
205 101
-
municipal
43 675
43 675
43 675
-
national
25 057
25 057
25 057
-
pensions
292
292
292
-
labour market
16 385
16 385
16 385
-
total
85 409
85 409
85 409
-
Employer
205 101
205 101
205 101
-
national
25 100
25 100
25 100
-
pensions
583
583
583
-
labour market
16 408
16 408
16 408
-
municipal
43 745
43 745
43 745
-
total
85 836
85 836
85 836
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
171 245
171 245
171 245
39 237
After tax
-68 245
-68 245
-68 245
63 763
Living cost
48 593
48 593
48 593
48 593
Free-cash
-116 838
-116 838
-116 838
15 170

Estimated living cost  is ₽48593 per week

₽33258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽747
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
₽31444
₽48804
-₽13534
₽4986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
255
income
-
-
-
25 290
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
32 319
Employee
34 413
-
88 245
-
income
4 721
-
17 121
-
health
3 941
-
10 104
-
pensions
3 875
-
7 700
-
total
12 537
-
34 925
-
Employer
34 413
-
88 245
-
unemployment
843
-
2 162
-
pensions
5 596
-
11 119
-
accident
575
-
1 473
-
total
7 014
-
14 754
-
Corporate
61 573
103 000
-
-
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.

55 416
92 700
-
-
total
55 416
92 700
-
-
Dividends
6 158
10 300
-
-
withholding
1 170
1 957
-
-
total
1 170
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 137
94 657
49 679
32 319
After tax
26 863
8 343
53 321
70 681
Living cost
21 877
21 877
21 877
21 877
Free-cash
4 986
-13 534
31 444
48 804

Estimated living cost  is ₽21877 per week

₽15924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19800
₽34118
₽29530
₽27530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
103 000
national
-
-
-
10 580
health
-
-
-
1 164
municipal
-
-
-
18 330
total
-
-
-
30 074
Employee
53 181
-
86 649
-
municipal
8 711
-
14 145
-
health
397
-
913
-
national
879
-
5 833
-
pensions
3 589
-
5 849
-
unemployment
798
-
1 301
-
total
14 374
-
28 041
-
Employer
53 181
-
86 649
-
unemployment
345
-
564
-
pensions
9 226
-
15 033
-
health
409
-
668
-
accident
54
-
86
-
total
10 034
-
16 351
-
Corporate
39 785
103 000
-
-
income
7 957
20 599
-
-
total
7 957
20 599
-
-
Dividends

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

23 872
61 800
-
-
municipal
4 297
11 124
-
-
national
-
2 939
-
-
total
4 297
14 063
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 662
34 662
44 392
30 074
After tax
66 338
68 338
58 608
72 926
Living cost
38 808
38 808
38 808
38 808
Free-cash
27 530
29 530
19 800
34 118

Estimated living cost  is ₽38808 per week

₽25349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49300
₽49402
₽51980
₽46479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
16 069
income
-
-
-
11 500
health
-
-
-
2 626
total
-
-
-
30 195
Employee
77 726
77 726
93 509
-
social contributions
2 939
6 451
7 761
-
income
8 463
7 195
11 455
-
health
602
1 322
1 590
-
total
12 004
14 968
20 806
-
Employer
77 726
77 726
93 509
-
health
654
1 439
1 730
-
social contributions
2 939
6 451
7 761
-
total
3 593
7 890
9 491
-
Corporate
64 000
17 384
-
-
income
8 001
2 173
-
-
total
8 001
2 173
-
-
Dividends
56 000
15 211
-
-
withholding
9 520
2 586
-
-
total
9 520
2 586
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 118
27 617
30 297
30 195
After tax
69 882
75 383
72 703
72 805
Living cost
23 403
23 403
23 403
23 403
Free-cash
46 479
51 980
49 300
49 402

Estimated living cost  is ₽23403 per week

₽14026
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47474
₽66975
₽69245
₽64104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
103 000
income
-
-
-
9 860
health
-
-
-
3 658
unemployment
-
-
-
29
pensions
-
-
-
6 430
total
-
-
-
19 977
Employee

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

23 201
-
93 382
-
income
1 586
-
7 450
-
health
1 972
-
7 937
-
pensions
3 480
-
14 007
-
unemployment
115
-
466
-
total
7 153
-
29 860
-
Employer

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

23 201
-
93 382
-
unemployment
115
-
466
-
pensions
1 276
-
5 137
-
health
997
-
4 015
-
total
2 388
-
9 618
-
Corporate
77 410
103 000
-
-
income
6 967
9 271
-
-
total
6 967
9 271
-
-
Dividends
70 444
93 729
-
-
withholding
6 340
8 436
-
-
total
6 340
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 848
17 707
39 478
19 977
After tax
80 152
85 293
63 522
83 023
Living cost
16 048
16 048
16 048
16 048
Free-cash
64 104
69 245
47 474
66 975

Estimated living cost  is ₽16048 per week

₽10239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26530
₽27632
₽41599
₽36298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
844
income
-
-
-
19 465
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
47 572
Employee
37 375
-
78 104
-
income
7 206
-
18 818
-
pensions
1 757
-
3 671
-
unemployment
579
-
1 210
-
other
36
-
79
-
total
9 578
-
23 778
-
Employer
37 375
-
78 104
-
other
299
-
623
-
unemployment
2 056
-
4 295
-
pensions
8 820
-
18 432
-
accident
740
-
1 546
-
total
11 915
-
24 896
-
Corporate
53 709
103 000
-
-
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.

8 056
15 449
-
-
total
8 056
15 449
-
-
Dividends
45 652
87 551
-
-
withholding
9 357
18 156
-
-
total
9 357
18 156
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 906
33 605
48 674
47 572
After tax
64 094
69 395
54 326
55 428
Living cost
27 796
27 796
27 796
27 796
Free-cash
36 298
41 599
26 530
27 632

Estimated living cost  is ₽27796 per week

₽18762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64127
₽64248
₽62569
₽62290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
34 907
health
-
-
-
900
pensions
-
-
-
1 242
total
-
-
-
37 049
Employee
2 593
-
101 603
-
income
502
-
34 842
-
health
130
-
310
-
pensions
233
-
559
-
unemployment
26
-
62
-
total
891
-
35 773
-
Employer
2 593
-
101 603
-
unemployment
52
-
124
-
pensions
285
-
683
-
health
246
-
590
-
total
583
-
1 397
-
Corporate
99 823
103 000
-
-
income
21 961
22 660
-
-
total
21 961
22 660
-
-
Dividends
77 862
80 340
-
-
withholding
15 572
16 068
-
-
total
15 572
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 007
38 728
37 170
37 049
After tax
63 993
64 272
65 830
65 951
Living cost
1 703
1 703
1 703
1 703
Free-cash
62 290
62 569
64 127
64 248

Estimated living cost  is ₽1703 per week

₽1012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37273
₽37274
₽56956
₽51989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income
-
-
-
20 057
health
-
-
-
7 686
unemployment
-
-
-
1 119
pensions
-
-
-
19 402
total
-
-
-
48 264
Employee

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

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

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

26 332
-
89 642
-
income
3 630
-
20 057
-
health
1 356
-
3 843
-
pensions
3 686
-
10 447
-
unemployment
197
-
560
-
total
8 869
-
34 907
-
Employer

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

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

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

26 332
-
89 642
-
unemployment
197
-
560
-
pensions
3 160
-
8 955
-
health
1 356
-
3 843
-
total
4 713
-
13 358
-
Corporate
71 954
103 000
-
-
income
10 793
15 450
-
-
total
10 793
15 450
-
-
Dividends
61 161
87 550
-
-
withholding
9 174
13 132
-
-
total
9 174
13 132
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 549
28 582
48 265
48 264
After tax
69 451
74 418
54 735
54 736
Living cost
17 462
17 462
17 462
17 462
Free-cash
51 989
56 956
37 273
37 274

Estimated living cost  is ₽17462 per week

₽11757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24917
₽30257
₽31335
₽30972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
social contributions

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

-
-
-
35 793
income
-
-
-
9 699
surtax
-
-
-
-
total
-
-
-
45 492
Employee
39 232
-
83 233
-
social contributions
4 316
-
9 156
-
income
7 666
-
21 909
-
surtax
-
-
-
-
total
11 982
-
31 065
-
Employer
39 232
-
83 233
-
social contributions
9 317
-
19 767
-
total
9 317
-
19 767
-
Corporate
54 452
103 000
-
-
surtax
-
-
-
-
income
11 434
21 630
-
-
total
11 434
21 630
-
-
Dividends
43 017
81 370
-
-
withholding
12 044
22 784
-
-
total
12 044
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 777
44 414
50 832
45 492
After tax
58 223
58 586
52 168
57 508
Living cost
27 251
27 251
27 251
27 251
Free-cash
30 972
31 335
24 917
30 257

Estimated living cost  is ₽27251 per week

₽19301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
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.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18802
₽19904
₽33871
₽26161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
844
income
-
-
-
19 465
unemployment
-
-
-
656
other
-
-
-
94
pensions
-
-
-
26 513
total
-
-
-
47 572
Employee
48 817
-
78 104
-
income
10 196
-
18 818
-
pensions
2 294
-
3 671
-
unemployment
756
-
1 210
-
other
48
-
79
-
total
13 294
-
23 778
-
Employer
48 817
-
78 104
-
other
391
-
623
-
unemployment
2 685
-
4 295
-
pensions
11 521
-
18 432
-
accident
967
-
1 546
-
total
15 564
-
24 896
-
Corporate
38 619
103 000
-
-
income

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

5 793
15 449
-
-
total
5 793
15 449
-
-
Dividends
32 826
87 551
-
-
withholding
6 664
18 156
-
-
total
6 664
18 156
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 315
33 605
48 674
47 572
After tax
61 685
69 395
54 326
55 428
Living cost
35 524
35 524
35 524
35 524
Free-cash
26 161
33 871
18 802
19 904

Estimated living cost  is ₽35524 per week

₽25512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2762
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64235
₽60987
₽70840
₽64739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
15 450
health
-
-
-
4 022
unemployment
-
-
-
140
pensions

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

-
-
-
5 176
total
-
-
-
24 788
Employee
22 808
-
96 138
-
income
2 281
-
9 613
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
health
1 049
-
1 609
-
pensions

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

2 002
-
3 071
-
total
5 583
-
14 678
-
Employer
22 808
-
96 138
-
unemployment
137
-
210
-
pensions

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

2 513
-
3 854
-
health
1 574
-
2 413
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
total
4 475
-
6 862
-
Corporate
75 717
103 000
-
-
income
7 571
10 300
-
-
total
7 571
10 300
-
-
Dividends
68 146
92 700
-
-
withholding
3 407
4 635
-
-
total
3 407
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
21 036
14 935
21 540
24 788
After tax
81 964
88 065
81 460
78 212
Living cost
17 225
17 225
17 225
17 225
Free-cash
64 739
70 840
64 235
60 987

Estimated living cost  is ₽17225 per week

₽11392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34066
₽26029
₽14108
₽27333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income

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

-
-
-
21 806
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.

-
-
-
6 905
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.

-
-
-
1 199
trade
-
-
-
8 037
total
-
-
-
37 947
Employee

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

50 294
-
103 000
-
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.

4 136
-
21 806
-
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.

228
-
1 199
-
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.

6 905
-
6 905
-
total
11 269
-
29 910
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 706
103 000
-
-
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.

435
850
-
-
income
7 907
15 449
-
-
chamber of commerce
230
305
-
-
trade
7 563
14 780
-
-
total
16 135
31 384
-
-
Dividends
36 570
71 616
-
-
withholding
8 758
17 521
-
-
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.

481
963
-
-
total
9 239
18 484
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 643
49 868
29 910
37 947
After tax
66 357
53 132
73 090
65 053
Living cost
39 024
39 024
39 024
39 024
Free-cash
27 333
14 108
34 066
26 029

Estimated living cost  is ₽39024 per week

₽26920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11727
₽11727
₽14520
₽16752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
24 493
social contributions
-
-
-
9 200
total
-
-
-
33 693
Employee
79 067
-
103 000
-
social contributions
6 569
-
9 200
-
income
14 920
-
24 493
-
total
21 489
-
33 693
-
Employer
79 067
-
103 000
-
total
-
-
-
-
Corporate
23 933
103 000
-
-
income
2 992
12 875
-
-
total
2 992
12 875
-
-
Dividends
20 940
90 125
-
-
withholding
4 187
18 025
-
-
total
4 187
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 668
30 900
33 693
33 693
After tax
74 332
72 100
69 307
69 307
Living cost
57 580
57 580
57 580
57 580
Free-cash
16 752
14 520
11 727
11 727

Estimated living cost  is ₽57580 per week

₽43806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4692
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.
₽8532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38983
₽31335
₽24918
₽28723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
income
-
-
-
28 773
health

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

-
-
-
6 200
total
-
-
-
34 973
Employee
46 370
-
98 350
-
social contributions
4 646
-
4 650
-
income
5 031
-
18 025
-
total
9 677
-
22 675
-
Employer
46 370
-
98 350
-
social contributions
4 646
-
4 650
-
total
4 646
-
4 650
-
Corporate
51 984
103 000
-
-
income
18 194
36 050
-
-
total
18 194
36 050
-
-
Dividends
33 790
66 950
-
-
social contributions
5 068
5 340
-
-
total
5 068
5 340
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 585
41 390
27 325
34 973
After tax
65 415
61 610
75 675
68 027
Living cost
36 692
36 692
36 692
36 692
Free-cash
28 723
24 918
38 983
31 335

Estimated living cost  is ₽36692 per week

₽24169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9067
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26767
₽36320
₽37894
₽33746
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 405
pensions
-
-
-
7 575
total
-
-
-
28 980
Employee
51 749
-
90 677
-
income
9 424
-
16 116
-
health
675
-
1 473
-
pensions
3 950
-
8 621
-
total
14 049
-
26 210
-
Employer
51 749
-
90 677
-
pensions
5 228
-
10 600
-
health
984
-
1 723
-
total
6 212
-
12 323
-
Corporate
45 040
103 000
-
-
income

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

8 557
19 570
-
-
total
8 557
19 570
-
-
Dividends
36 483
83 430
-
-
withholding
2 736
7 836
-
-
total
2 736
7 836
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 554
27 406
38 533
28 980
After tax
71 446
75 594
64 467
74 020
Living cost
37 700
37 700
37 700
37 700
Free-cash
33 746
37 894
26 767
36 320

Estimated living cost  is ₽37700 per week

₽25862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
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.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽29278
₽46638
-₽15700
₽4655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
255
income
-
-
-
25 290
health
-
-
-
2 201
other
-
-
-
374
pensions
-
-
-
4 199
total
-
-
-
32 319
Employee
37 820
-
88 245
-
income
5 189
-
17 121
-
health
4 330
-
10 104
-
pensions
4 259
-
7 700
-
total
13 778
-
34 925
-
Employer
37 820
-
88 245
-
unemployment
926
-
2 162
-
pensions
6 149
-
11 119
-
accident
632
-
1 473
-
total
7 707
-
14 754
-
Corporate
57 473
103 000
-
-
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.

51 725
92 700
-
-
total
51 725
92 700
-
-
Dividends
5 747
10 300
-
-
withholding
1 092
1 957
-
-
total
1 092
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
74 302
94 657
49 679
32 319
After tax
28 698
8 343
53 321
70 681
Living cost
24 043
24 043
24 043
24 043
Free-cash
4 655
-15 700
29 278
46 638

Estimated living cost  is ₽24043 per week

₽17644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51283
₽45178
₽73026
₽68988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
103 000
health insurance
-
-
-
7 622
income
-
-
-
15 848
work injury
-
-
-
515
unemployment
-
-
-
1 236
pensions
-
-
-
18 952
total
-
-
-
44 173
Employee

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

21 839
-
103 000
-
work injury
109
-
404
-
income
2 184
-
15 848
-
health insurance
1 616
-
5 979
-
pensions
4 018
-
14 867
-
unemployment
262
-
970
-
total
8 189
-
38 068
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 161
103 000
-
-
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%.

-
1 030
-
-
total
-
1 030
-
-
Dividends
81 161
101 970
-
-
withholding
12 174
15 295
-
-
total
12 174
15 295
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 363
16 325
38 068
44 173
After tax
82 637
86 675
64 932
58 827
Living cost
13 649
13 649
13 649
13 649
Free-cash
68 988
73 026
51 283
45 178

Estimated living cost  is ₽13649 per week

₽8456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽6754
₽11464
₽13985
₽9387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
national
-
-
-
22 013
regional
-
-
-
2 074
municipal
-
-
-
689
total
-
-
-
51 268
Employee
85 177
-
103 000
-
social contributions
28 721
-
34 731
-
municipal
508
-
614
-
regional
1 286
-
1 750
-
national
14 394
-
18 883
-
total
44 909
-
55 978
-
Employer
85 177
-
103 000
-
total
-
-
-
-
Corporate
17 823
103 000
-
-
nationa
4 278
24 720
-
-
municipal
859
4 964
-
-
total
5 137
29 684
-
-
Dividends
12 686
73 316
-
-
withholding
3 299
19 063
-
-
total
3 299
19 063
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 345
48 747
55 978
51 268
After tax
49 655
54 253
47 022
51 732
Living cost
40 268
40 268
40 268
40 268
Free-cash
9 387
13 985
6 754
11 464

Estimated living cost  is ₽40268 per week

₽28286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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