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
₽23228
₽43457
₽34203
₽33756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 953
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.

-
-
-
1 262
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.

-
-
-
6 502
trade
-
-
-
9 254
total
-
-
-
39 971
Employee

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

36 400
-
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.

56
-
1 262
-
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.

1 017
-
22 953
-
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.

6 502
-
6 502
-
total
7 575
-
30 717
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 600
103 000
-
-
income
9 991
15 450
-
-
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.

549
851
-
-
chamber of commerce
240
293
-
-
trade
10 489
16 223
-
-
total
21 269
32 817
-
-
Dividends
45 331
70 183
-
-
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.

603
945
-
-
withholding
10 971
17 184
-
-
total
11 574
18 129
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 418
50 946
30 717
39 971
After tax
62 582
52 054
72 283
63 029
Living cost
28 826
28 826
28 826
28 826
Free-cash
33 756
23 228
43 457
34 203

Estimated living cost  is ₽28826 per week

₽18132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
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.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13310
₽11948
₽11140
₽12463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 759
national
-
-
-
16 672
pensions
-
-
-
12 360
total
-
-
-
40 898
Employee
79 000
-
89 043
-
municipal
9 758
-
11 158
-
pensions
3 160
-
3 562
-
national
15 121
-
17 290
-
total
28 039
-
32 010
-
Employer
79 000
-
89 043
-
pensions
6 320
-
7 123
-
social contributions
849
-
957
-
total
7 169
-
8 080
-
Corporate
11 616
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%.

2 323
20 600
-
-
total
2 323
20 600
-
-
Dividends
9 293
82 400
-
-
withholding
2 044
18 128
-
-
total
2 044
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 575
38 728
40 090
40 898
After tax
63 425
64 272
62 910
62 102
Living cost
50 962
50 962
50 962
50 962
Free-cash
12 463
13 310
11 948
11 140

Estimated living cost  is ₽50962 per week

₽34638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62602
₽38167
₽35097
₽54795
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 989
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.

-
-
-
33 115
microenterprise
-
-
-
-
total
-
-
-
48 104
Employee
27 809
-
83 004
-
surtax
-
-
-
-
social contributions

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

3 059
-
9 131
-
income
4 950
-
15 907
-
total
8 009
-
25 038
-
Employer
27 809
-
83 004
-
social contributions

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

6 698
-
19 996
-
surtax
-
-
-
-
total
6 698
-
19 996
-
Corporate
68 493
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%.

13 699
20 599
-
-
total
13 699
20 599
-
-
Dividends

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

54 794
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 406
20 599
45 034
48 104
After tax
74 594
82 401
57 966
54 896
Living cost
19 799
19 799
19 799
19 799
Free-cash
54 795
62 602
38 167
35 097

Estimated living cost  is ₽19799 per week

₽12631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
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.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10166
₽12359
₽18666
₽4333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 581
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
44 466
Employee
81 270
81 270
87 653
-
pensions
14 629
11 150
11 150
-
income

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

13 303
13 303
13 303
-
health
12 474
10 610
10 973
-
total
40 406
35 063
35 426
-
Employer
81 270
81 270
87 653
-
health
5 649
5 649
6 092
-
pensions
5 656
5 656
6 101
-
unemployment
2 926
2 926
3 155
-
total
14 231
14 231
15 348
-
Corporate
8 495
7 499
-
-
income
1 699
1 499
-
-
total
1 699
1 499
-
-
Dividends
6 796
6 000
-
-
income
1 445
1 275
-
-
withholding
1 019
899
-
-
total
2 464
2 174
-
-
Income
103 000
103 000
103 000
103 000
Total tax
58 800
52 967
50 774
44 466
After tax
44 200
50 033
52 226
58 534
Living cost
39 868
39 868
39 868
39 868
Free-cash
4 333
10 166
12 359
18 666

Estimated living cost  is ₽39868 per week

₽28253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17316
₽16082
₽16021
₽16442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
171
other
-
-
-
9 912
unemployment
-
-
-
85
health
-
-
-
5 323
municipal
-
-
-
23 345
national
-
-
-
-
pensions
-
-
-
9 221
total
-
-
-
48 057
Employee
55 460
-
78 375
-
municipal
16 538
-
23 371
-
national
-
-
-
-
total
16 538
-
23 371
-
Employer
55 460
-
78 375
-
health
3 411
-
4 820
-
pensions
5 995
-
8 472
-
accident
111
-
157
-
unemployment
1 464
-
2 069
-
other
6 445
-
9 107
-
total
17 426
-
24 625
-
Corporate
30 114
103 000
-
-
income
6 625
22 660
-
-
total
6 625
22 660
-
-
Dividends
23 489
80 340
-
-
withholding
7 047
24 102
-
-
total
7 047
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 636
46 762
47 996
48 057
After tax
55 364
56 238
55 004
54 943
Living cost
38 922
38 922
38 922
38 922
Free-cash
16 442
17 316
16 082
16 021

Estimated living cost  is ₽38922 per week

₽25796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3819
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.
₽8716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14138
₽34897
₽25231
₽27509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 953
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.

-
-
-
1 262
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.

-
-
-
6 502
trade
-
-
-
9 666
total
-
-
-
40 383
Employee

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

48 262
-
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.

228
-
1 262
-
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.

4 147
-
22 953
-
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.

6 502
-
6 502
-
total
10 877
-
30 717
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 738
103 000
-
-
income
8 210
15 450
-
-
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.

452
851
-
-
chamber of commerce
222
291
-
-
trade
9 005
16 944
-
-
total
17 889
33 536
-
-
Dividends
36 850
69 464
-
-
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.

488
936
-
-
withholding
8 851
17 004
-
-
total
9 339
17 940
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 105
51 476
30 717
40 383
After tax
64 895
51 524
72 283
62 617
Living cost
37 386
37 386
37 386
37 386
Free-cash
27 509
14 138
34 897
25 231

Estimated living cost  is ₽37386 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44482
₽41030
₽41600
₽40535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 508
social contributions
-
-
-
15 398
health
-
-
-
2 626
total
-
-
-
30 532
Employee
73 180
73 180
93 509
-
social contributions
3 556
6 074
7 760
-
income
7 685
6 774
12 263
-
health
728
1 244
1 589
-
total
11 969
14 092
21 612
-
Employer
73 180
73 180
93 509
-
health
793
1 355
1 730
-
social contributions
3 556
6 074
7 760
-
total
4 349
7 429
9 490
-
Corporate
55 815
22 392
-
-
income
6 977
2 799
-
-
total
6 977
2 799
-
-
Dividends
48 838
19 592
-
-
withholding
8 302
3 330
-
-
total
8 302
3 330
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 597
27 650
31 102
30 532
After tax
71 403
75 350
71 898
72 468
Living cost
30 868
30 868
30 868
30 868
Free-cash
40 535
44 482
41 030
41 600

Estimated living cost  is ₽30868 per week

₽21101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
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.
₽6838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40619
₽42332
₽53975
₽40980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 545
health
-
-
-
7 210
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.

25 086
9 984
86 192
-
unemployment
376
150
1 293
-
pensions
2 509
998
8 619
-
income
3 067
1 221
10 537
-
health
1 756
699
6 033
-
total
7 708
3 068
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.

25 086
9 984
86 192
-
pensions
4 892
1 947
16 808
-
total
4 892
1 947
16 808
-
Corporate
73 022
91 069
-
-
income
6 572
8 196
-
-
total
6 572
8 196
-
-
Dividends
66 450
82 873
-
-
social contributions
12 844
16 046
-
-
withholding
12 626
15 746
-
-
total
25 470
31 792
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 642
45 003
43 290
31 647
After tax
58 358
57 997
59 710
71 353
Living cost
17 378
17 378
17 378
17 378
Free-cash
40 980
40 619
42 332
53 975

Estimated living cost  is ₽17378 per week

₽11859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59414
₽36381
₽32223
₽53500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 390
pensions
-
-
-
20 599
total
-
-
-
47 790
Employee
26 998
-
76 981
-
unemployment
432
-
1 232
-
pensions
540
-
1 539
-
income
3 040
-
14 842
-
total
4 012
-
17 613
-
Employer
26 998
-
76 981
-
health
3 509
-
10 007
-
pensions
5 400
-
15 396
-
unemployment
217
-
616
-
total
9 126
-
26 019
-
Corporate
66 876
103 000
-
-
income
13 375
20 599
-
-
total
13 375
20 599
-
-
Dividends
53 501
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 513
20 599
43 632
47 790
After tax
76 487
82 401
59 368
55 210
Living cost
22 987
22 987
22 987
22 987
Free-cash
53 500
59 414
36 381
32 223

Estimated living cost  is ₽22987 per week

₽15766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12821
₽32451
₽49486
₽5097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
25 649
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
32 350
Employee
33 292
-
88 745
-
pensions
3 749
-
7 339
-
income
4 567
-
17 631
-
health
3 812
-
10 161
-
total
12 128
-
35 131
-
Employer
33 292
-
88 745
-
pensions
5 413
-
10 598
-
accident
556
-
1 482
-
unemployment
816
-
2 174
-
total
6 785
-
14 254
-
Corporate
62 923
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.

56 631
92 700
-
-
total
56 631
92 700
-
-
Dividends
6 292
10 300
-
-
withholding
1 195
1 957
-
-
total
1 195
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 739
94 657
49 385
32 350
After tax
26 261
8 343
53 615
70 650
Living cost
21 164
21 164
21 164
21 164
Free-cash
5 097
-12 821
32 451
49 486

Estimated living cost  is ₽21164 per week

₽15511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90015
₽74565
₽94135
₽88547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 794
-
103 000
-
income
1 958
-
20 600
-
total
1 958
-
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%.

93 206
103 000
-
-
total
-
-
-
-
Dividends
93 206
103 000
-
-
withholding
4 660
5 150
-
-
total
4 660
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 618
5 150
20 600
1 030
After tax
96 382
97 850
82 400
101 970
Living cost
7 835
7 835
7 835
7 835
Free-cash
88 547
90 015
74 565
94 135

Estimated living cost  is ₽7835 per week

₽4856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50314
₽34568
₽30309
₽43889
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 188
other
-
-
-
4 892
health
-
-
-
4 531
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.

-
-
-
24 721
total
-
-
-
47 332
Employee
34 555
-
82 267
-
unemployment
345
-
824
-
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.

2 418
-
5 759
-
income
5 949
-
14 605
-
health
484
-
1 152
-
total
9 196
-
22 340
-
Employer
34 555
-
82 267
-
health
484
-
1 152
-
pensions

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

5 875
-
13 986
-
accident
276
-
657
-
unemployment
345
-
824
-
other
1 728
-
4 114
-
total
8 708
-
20 733
-
Corporate
59 737
103 000
-
-
income
12 545
21 631
-
-
total
12 545
21 631
-
-
Dividends
47 192
81 369
-
-
withholding
3 303
5 696
-
-
total
3 303
5 696
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 752
27 327
43 073
47 332
After tax
69 248
75 673
59 927
55 668
Living cost
25 359
25 359
25 359
25 359
Free-cash
43 889
50 314
34 568
30 309

Estimated living cost  is ₽25359 per week

₽17917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11070
₽595
₽9876
₽1004
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 700
pensions
-
-
-
7 232
total
-
-
-
29 932
Employee
89 407
-
90 562
-
pensions
8 625
-
8 765
-
income
16 117
-
16 514
-
health
1 473
-
1 496
-
total
26 215
-
26 775
-
Employer
89 407
-
90 562
-
health
1 698
-
1 721
-
pensions
10 556
-
10 717
-
total
12 254
-
12 438
-
Corporate
1 339
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.

254
19 571
-
-
total
254
19 571
-
-
Dividends
1 085
83 429
-
-
withholding
81
9 167
-
-
total
81
9 167
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 804
28 738
39 213
29 932
After tax
64 196
74 262
63 787
73 068
Living cost
63 192
63 192
63 192
63 192
Free-cash
1 004
11 070
595
9 876

Estimated living cost  is ₽63192 per week

₽47351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7425
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.
₽7903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75589
₽69542
₽66200
₽71169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
24 324
Employee
16 520
-
96 479
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 450
-
2 918
-
income
1 652
-
9 648
-
health
760
-
1 529
-
total
4 044
-
14 461
-
Employer
16 520
-
96 479
-
health
1 140
-
2 293
-
pensions

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

1 821
-
3 663
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
199
-
total
3 242
-
6 521
-
Corporate
83 238
103 000
-
-
income
8 323
10 300
-
-
total
8 323
10 300
-
-
Dividends
74 915
92 700
-
-
withholding
3 746
4 635
-
-
total
3 746
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 355
14 935
20 982
24 324
After tax
83 645
88 065
82 018
78 676
Living cost
12 476
12 476
12 476
12 476
Free-cash
71 169
75 589
69 542
66 200

Estimated living cost  is ₽12476 per week

₽7284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2739
-₽546
₽5762
-₽681
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 581
health
-
-
-
11 735
pensions
-
-
-
11 150
total
-
-
-
44 466
Employee
88 233
81 270
87 653
-
pensions
11 150
11 150
11 150
-
income

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

13 303
13 303
13 303
-
health
11 008
10 610
10 973
-
total
35 461
35 063
35 426
-
Employer
88 233
81 270
87 653
-
health
6 131
5 649
6 092
-
pensions
6 140
5 656
6 101
-
unemployment
3 177
2 926
3 155
-
total
15 448
14 231
15 348
-
Corporate
-
7 499
-
-
income
-
1 499
-
-
total
-
1 499
-
-
Dividends
-
6 000
-
-
income
-
1 275
-
-
withholding
-
899
-
-
total
-
2 174
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 909
52 967
50 774
44 466
After tax
52 091
50 033
52 226
58 534
Living cost
52 772
52 772
52 772
52 772
Free-cash
-681
-2 739
-546
5 762

Estimated living cost  is ₽52772 per week

₽38928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47265
₽28619
₽26516
₽38828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 853
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
health
-
-
-
13 905
total
-
-
-
52 834
Employee
34 779
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 261
-
4 996
-
income
4 174
-
9 224
-
health
4 695
-
10 377
-
total
11 130
-
24 597
-
Employer
34 779
-
76 866
-
health
3 130
-
6 918
-
social contributions
8 695
-
19 216
-
total
11 825
-
26 134
-
Corporate
56 396
103 000
-
-
income
10 715
19 570
-
-
total
10 715
19 570
-
-
Dividends
45 680
83 430
-
-
withholding
6 852
12 515
-
-
total
6 852
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 522
32 085
50 731
52 834
After tax
62 478
70 915
52 269
50 166
Living cost
23 650
23 650
23 650
23 650
Free-cash
38 828
47 265
28 619
26 516

Estimated living cost  is ₽23650 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14796
₽7262
₽12161
₽9827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 150
municipal
-
-
-
612
national
-
-
-
22 427
total
-
-
-
50 681
Employee
84 580
-
103 000
-
municipal
448
-
545
-
national
14 656
-
19 295
-
regional
798
-
1 009
-
social contributions
28 520
-
34 731
-
total
44 422
-
55 580
-
Employer
84 580
-
103 000
-
total
-
-
-
-
Corporate
18 420
103 000
-
-
municipal
719
4 017
-
-
nationa
4 421
24 721
-
-
total
5 140
28 738
-
-
Dividends
13 280
74 263
-
-
withholding
3 453
19 308
-
-
total
3 453
19 308
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 015
48 046
55 580
50 681
After tax
49 985
54 954
47 420
52 319
Living cost
40 158
40 158
40 158
40 158
Free-cash
9 827
14 796
7 262
12 161

Estimated living cost  is ₽40158 per week

₽27993
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43786
₽29181
₽30951
₽40824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 327
other
-
-
-
-
surtax
-
-
-
2 592
unemployment
-
-
-
217
health
-
-
-
7 314
pensions
-
-
-
20 599
total
-
-
-
51 049
Employee
31 472
-
85 088
-
other
-
-
-
-
unemployment
2 191
-
5 922
-
pensions
2 099
-
5 676
-
surtax
103
-
2 335
-
income
5 275
-
18 804
-
health
804
-
2 169
-
total
10 472
-
34 906
-
Employer
31 472
-
85 088
-
health
1 432
-
3 872
-
pensions
4 195
-
11 342
-
unemployment
997
-
2 698
-
other
-
-
-
-
total
6 624
-
17 912
-
Corporate
64 904
103 000
-
-
income
16 875
26 779
-
-
total
16 875
26 779
-
-
Dividends
48 029
76 221
-
-
withholding
7 204
11 434
-
-
total
7 204
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 175
38 213
52 818
51 049
After tax
61 825
64 787
50 182
51 951
Living cost
21 000
21 000
21 000
21 000
Free-cash
40 824
43 786
29 181
30 951

Estimated living cost  is ₽21000 per week

₽12841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
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.
₽5738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31091
₽20616
₽29897
₽26565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 700
pensions
-
-
-
7 232
total
-
-
-
29 932
Employee
59 918
-
90 562
-
pensions
5 086
-
8 765
-
income
10 792
-
16 514
-
health
870
-
1 496
-
total
16 748
-
26 775
-
Employer
59 918
-
90 562
-
health
1 138
-
1 721
-
pensions
6 486
-
10 717
-
total
7 624
-
12 438
-
Corporate
35 458
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.

6 738
19 571
-
-
total
6 738
19 571
-
-
Dividends
28 720
83 429
-
-
withholding
2 154
9 167
-
-
total
2 154
9 167
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 264
28 738
39 213
29 932
After tax
69 736
74 262
63 787
73 068
Living cost
43 171
43 171
43 171
43 171
Free-cash
26 565
31 091
20 616
29 897

Estimated living cost  is ₽43171 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28459
₽5102
₽10221
₽3869
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
2 059
regional
-
-
-
3 643
health
-
-
-
246
city
-
-
-
1 085
national
-
-
-
710
pensions
-
-
-
9 476
total
-
-
-
17 219
Employee
88 425
-
92 188
-
unemployment
-
-
-
-
pensions
7 429
-
7 745
-
national
419
-
499
-
regional
2 895
-
3 099
-
city
949
-
990
-
health
200
-
208
-
total
11 892
-
12 541
-
Employer
88 425
-
92 188
-
health
200
-
208
-
pensions
7 429
-
7 745
-
unemployment
-
-
-
-
other

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

1 768
-
1 844
-
total
9 397
-
9 797
-
Corporate
4 206
103 000
-
-
regional
889
21 784
-
-
national
357
8 754
-
-
total
1 246
30 538
-
-
Dividends
2 960
72 462
-
-
withholding
1 036
25 361
-
-
total
1 036
25 361
-
-
Income
103 000
103 000
103 000
103 000
Total tax
23 571
55 899
22 338
17 219
After tax
79 429
47 101
80 662
85 781
Living cost
75 560
75 560
75 560
75 560
Free-cash
3 869
-28 459
5 102
10 221

Estimated living cost  is ₽75560 per week

₽49136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7398
₽28686
₽18610
₽22832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 953
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.

-
-
-
1 262
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.

-
-
-
6 502
trade
-
-
-
10 076
total
-
-
-
40 793
Employee

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

57 195
-
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.

370
-
1 262
-
income

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

6 726
-
22 953
-
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.

6 502
-
6 502
-
total
13 598
-
30 717
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 805
103 000
-
-
income
6 870
15 450
-
-
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.

377
851
-
-
chamber of commerce
209
289
-
-
trade
7 856
17 665
-
-
total
15 312
34 255
-
-
Dividends
30 492
68 746
-
-
surtax

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

399
925
-
-
withholding
7 262
16 825
-
-
total
7 661
17 750
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 571
52 005
30 717
40 793
After tax
66 429
50 995
72 283
62 207
Living cost
43 597
43 597
43 597
43 597
Free-cash
22 832
7 398
28 686
18 610

Estimated living cost  is ₽43597 per week

₽31842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19352
₽31179
₽26530
₽24972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 917
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 339
pensions
-
-
-
24 526
total
-
-
-
43 910
Employee
40 731
-
83 217
-
pensions
4 605
-
4 242
-
surtax
-
-
-
-
social contributions
1 161
-
2 371
-
income
2 404
-
12 867
-
total
8 170
-
19 480
-
Employer
40 731
-
83 217
-
health
2 852
-
5 872
-
pensions
6 691
-
7 418
-
unemployment
1 649
-
3 370
-
social contributions
123
-
249
-
other
1 405
-
2 872
-
total
12 720
-
19 781
-
Corporate
49 550
103 000
-
-
income
13 874
28 840
-
-
surtax
-
-
-
-
total
13 874
28 840
-
-
Dividends
35 676
74 160
-
-
surtax
-
-
-
-
social contributions
6 137
12 756
-
-
withholding
4 567
9 492
-
-
total
10 704
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 468
51 088
39 261
43 910
After tax
57 532
51 912
63 739
59 090
Living cost
32 560
32 560
32 560
32 560
Free-cash
24 972
19 352
31 179
26 530

Estimated living cost  is ₽32560 per week

₽20531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22578
₽34405
₽29756
₽27865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 917
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 339
pensions
-
-
-
24 526
total
-
-
-
43 910
Employee
36 358
-
83 217
-
pensions
4 112
-
4 242
-
surtax
-
-
-
-
social contributions
1 037
-
2 371
-
income
1 875
-
12 867
-
total
7 024
-
19 480
-
Employer
36 358
-
83 217
-
health
2 545
-
5 872
-
pensions
5 974
-
7 418
-
unemployment
1 472
-
3 370
-
social contributions
108
-
249
-
other
1 255
-
2 872
-
total
11 354
-
19 781
-
Corporate
55 288
103 000
-
-
income
15 481
28 840
-
-
surtax
-
-
-
-
total
15 481
28 840
-
-
Dividends
39 807
74 160
-
-
surtax
-
-
-
-
social contributions
6 847
12 756
-
-
withholding
5 095
9 492
-
-
total
11 942
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 801
51 088
39 261
43 910
After tax
57 199
51 912
63 739
59 090
Living cost
29 334
29 334
29 334
29 334
Free-cash
27 865
22 578
34 405
29 756

Estimated living cost  is ₽29334 per week

₽17013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42659
₽45741
₽45967
₽43153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
14 213
health
-
-
-
7 190
total
-
-
-
36 853
Employee
32 268
-
103 000
-
social contributions
4 454
-
14 213
-
income
5 382
-
15 676
-
health
2 252
-
7 190
-
total
12 088
-
37 079
-
Employer
32 268
-
103 000
-
total
-
-
-
-
Corporate
70 732
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%.

3 536
5 151
-
-
total
3 536
5 151
-
-
Dividends
67 196
97 849
-
-
social contributions
9 274
13 503
-
-
withholding
10 079
14 677
-
-
health
4 690
6 830
-
-
total
24 043
35 010
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 667
40 161
37 079
36 853
After tax
63 333
62 839
65 921
66 147
Living cost
20 180
20 180
20 180
20 180
Free-cash
43 153
42 659
45 741
45 967

Estimated living cost  is ₽20180 per week

₽13505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24071
-₽3296
₽17976
₽22599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 118
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
412
health
-
-
-
7 880
pensions
-
-
-
19 055
total
-
-
-
51 490
Employee
47 561
37 926
79 834
-
other
475
379
798
-
unemployment
1 427
1 138
2 395
-
pensions
4 871
3 883
8 176
-
income
5 414
2 797
16 081
-
health
1 840
1 468
3 090
-
total
14 027
9 665
30 540
-
Employer
47 561
37 926
79 834
-
chamber of commerce
190
152
320
-
health
1 797
1 434
3 018
-
pensions
5 969
4 761
10 020
-
accident
618
493
1 038
-
unemployment
1 427
1 138
2 395
-
surtax
188
188
188
-
payroll
1 427
1 138
2 395
-
other
2 259
1 801
3 793
-
total
13 875
11 105
23 167
-
Corporate
41 565
53 971
76 222
-
income

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

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

10 392
13 493
19 055
-
total
10 392
13 493
19 055
-
Dividends
31 174
40 478
-
-
withholding
8 573
11 132
-
-
total
8 573
11 132
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 867
45 395
72 762
51 490
After tax
56 133
57 605
30 238
51 510
Living cost
33 534
33 534
33 534
33 534
Free-cash
22 599
24 071
-3 296
17 976

Estimated living cost  is ₽33534 per week

₽22366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽7757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23040
₽4987
₽12722
₽8766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
5 190
social contributions
-
-
-
16 491
national
-
-
-
33 897
total
-
-
-
55 578
Employee

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

68 075
-
79 773
-
unemployment

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

592
-
694
-
communal

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

3 551
-
4 161
-
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.

5 106
-
5 983
-
national
20 929
-
25 505
-
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.

3 198
-
3 749
-
total
33 376
-
40 092
-
Employer

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

68 075
-
79 773
-
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.

4 186
-
4 905
-
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.

6 032
-
7 069
-
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.

885
-
1 038
-
unemployment

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

993
-
1 165
-
surtax
7 719
-
9 044
-
total
19 815
-
23 221
-
Corporate
15 110
103 000
-
-
income
3 021
20 599
-
-
surtax
60
412
-
-
total
3 081
21 011
-
-
Dividends
12 029
81 989
-
-
withholding

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

3 262
24 249
-
-
total
3 262
24 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 534
45 260
63 313
55 578
After tax
43 466
57 740
39 687
47 422
Living cost
34 700
34 700
34 700
34 700
Free-cash
8 766
23 040
4 987
12 722

Estimated living cost  is ₽34700 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35013
₽19474
₽21612
₽27431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
20 555
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
47 019
Employee
47 373
-
78 102
-
other
47
-
78
-
unemployment
735
-
1 210
-
pensions
2 227
-
3 672
-
income
9 995
-
19 300
-
total
13 004
-
24 260
-
Employer
47 373
-
78 102
-
pensions
11 179
-
18 432
-
accident
937
-
1 546
-
unemployment
2 606
-
4 296
-
other
377
-
623
-
total
15 099
-
24 897
-
Corporate
40 527
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.

6 079
15 450
-
-
total
6 079
15 450
-
-
Dividends
34 448
87 550
-
-
withholding
7 018
18 168
-
-
total
7 018
18 168
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 200
33 618
49 157
47 019
After tax
61 800
69 382
53 843
55 981
Living cost
34 369
34 369
34 369
34 369
Free-cash
27 431
35 013
19 474
21 612

Estimated living cost  is ₽34369 per week

₽25309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11045
₽10528
₽6156
₽4182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
6 509
accident
-
-
-
869
income
-
-
-
9 966
surtax
-
-
-
5 106
health
-
-
-
7 237
pensions
-
-
-
15 438
total
-
-
-
45 125
Employee
72 070
-
92 005
-
pensions
5 765
-
7 361
-
surtax
4 417
-
5 638
-
income
6 961
-
12 669
-
health
3 207
-
4 092
-
total
20 350
-
29 760
-
Employer
72 070
-
92 005
-
health
2 198
-
2 805
-
pensions
5 765
-
7 361
-
accident
648
-
827
-
total
8 611
-
10 993
-
Corporate
22 319
103 000
-
-
communal
-
6 953
-
-
income
3 348
15 450
-
-
surtax
235
1 082
-
-
total
3 583
23 485
-
-
Dividends
18 735
79 515
-
-
income
11 745
4 824
-
-
withholding
2 810
11 927
-
-
total
14 555
16 751
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 099
40 236
40 753
45 125
After tax
55 901
62 764
62 247
57 875
Living cost
51 719
51 719
51 719
51 719
Free-cash
4 182
11 045
10 528
6 156

Estimated living cost  is ₽51719 per week

₽38797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43411
₽28806
₽30575
₽40385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 327
other
-
-
-
-
surtax
-
-
-
2 592
unemployment
-
-
-
217
health
-
-
-
7 314
pensions
-
-
-
20 599
total
-
-
-
51 049
Employee
32 049
-
85 088
-
other
-
-
-
-
unemployment
2 230
-
5 922
-
pensions
2 138
-
5 676
-
surtax
114
-
2 335
-
income
5 373
-
18 804
-
health
818
-
2 169
-
total
10 673
-
34 906
-
Employer
32 049
-
85 088
-
health
1 457
-
3 872
-
pensions
4 273
-
11 342
-
unemployment
1 017
-
2 698
-
other
-
-
-
-
total
6 747
-
17 912
-
Corporate
64 203
103 000
-
-
income
16 693
26 779
-
-
total
16 693
26 779
-
-
Dividends
47 510
76 221
-
-
withholding
7 126
11 434
-
-
total
7 126
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 239
38 213
52 818
51 049
After tax
61 761
64 787
50 182
51 951
Living cost
21 376
21 376
21 376
21 376
Free-cash
40 385
43 411
28 806
30 575

Estimated living cost  is ₽21376 per week

₽12906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28502
₽21407
₽26279
₽26389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 554
municipal
-
-
-
612
national
-
-
-
22 427
total
-
-
-
51 085
Employee
52 791
-
103 000
-
municipal
280
-
545
-
national
8 364
-
19 295
-
regional
711
-
1 386
-
social contributions
17 802
-
34 731
-
total
27 157
-
55 957
-
Employer
52 791
-
103 000
-
total
-
-
-
-
Corporate
50 209
103 000
-
-
municipal
2 496
5 118
-
-
nationa
12 050
24 721
-
-
total
14 546
29 839
-
-
Dividends
35 663
73 161
-
-
withholding
9 272
19 023
-
-
total
9 272
19 023
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 975
48 862
55 957
51 085
After tax
52 025
54 138
47 043
51 915
Living cost
25 636
25 636
25 636
25 636
Free-cash
26 389
28 502
21 407
26 279

Estimated living cost  is ₽25636 per week

₽15943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41772
₽23126
₽21023
₽31376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 853
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
health
-
-
-
13 905
total
-
-
-
52 834
Employee
42 857
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 786
-
4 996
-
income
5 143
-
9 224
-
health
5 786
-
10 377
-
total
13 715
-
24 597
-
Employer
42 857
-
76 866
-
health
3 857
-
6 918
-
social contributions
10 714
-
19 216
-
total
14 571
-
26 134
-
Corporate
45 571
103 000
-
-
income
8 658
19 570
-
-
total
8 658
19 570
-
-
Dividends
36 913
83 430
-
-
withholding
5 537
12 515
-
-
total
5 537
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 481
32 085
50 731
52 834
After tax
60 519
70 915
52 269
50 166
Living cost
29 143
29 143
29 143
29 143
Free-cash
31 376
41 772
23 126
21 023

Estimated living cost  is ₽29143 per week

₽21673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27346
-₽86
₽21336
₽26876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 118
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
412
health
-
-
-
7 880
pensions
-
-
-
19 055
total
-
-
-
51 302
Employee
41 601
37 926
79 981
-
other
415
379
800
-
unemployment
1 248
1 138
2 400
-
pensions
4 260
3 883
8 190
-
income
3 706
2 797
16 129
-
health
1 609
1 468
3 095
-
total
11 238
9 665
30 614
-
Employer
41 601
37 926
79 981
-
chamber of commerce
166
152
320
-
health
1 573
1 434
3 023
-
pensions
5 221
4 761
10 038
-
accident
540
493
1 040
-
unemployment
1 248
1 138
2 400
-
surtax
-
-
-
-
payroll
1 248
1 138
2 400
-
other
1 976
1 801
3 798
-
total
11 972
10 917
23 019
-
Corporate
49 427
54 158
76 369
-
income

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

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

12 357
13 540
19 091
-
total
12 357
13 540
19 091
-
Dividends
37 070
40 619
-
-
withholding
10 195
11 170
-
-
total
10 195
11 170
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 762
45 292
72 724
51 302
After tax
57 238
57 708
30 276
51 698
Living cost
30 362
30 362
30 362
30 362
Free-cash
26 876
27 346
-86
21 336

Estimated living cost  is ₽30362 per week

₽18214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85640
₽70190
₽89760
₽83350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 262
-
103 000
-
income
3 053
-
20 600
-
total
3 053
-
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%.

87 738
103 000
-
-
total
-
-
-
-
Dividends
87 738
103 000
-
-
withholding
4 387
5 150
-
-
total
4 387
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 440
5 150
20 600
1 030
After tax
95 560
97 850
82 400
101 970
Living cost
12 210
12 210
12 210
12 210
Free-cash
83 350
85 640
70 190
89 760

Estimated living cost  is ₽12210 per week

₽8262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45390
₽24467
₽27421
₽37430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 953
unemployment
-
-
-
155
health
-
-
-
10 135
pensions
-
-
-
18 810
total
-
-
-
50 053
Employee

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

42 084
-
89 124
-
unemployment
60
-
125
-
pensions
6 523
-
13 814
-
income
7 257
-
19 434
-
health
2 718
-
5 758
-
total
16 558
-
39 131
-
Employer

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

42 084
-
89 124
-
health
2 803
-
5 935
-
pensions
3 724
-
7 887
-
unemployment
25
-
54
-
total
6 552
-
13 876
-
Corporate
54 364
103 000
-
-
income
10 329
19 570
-
-
total
10 329
19 570
-
-
Dividends
44 035
83 430
-
-
withholding
6 605
12 514
-
-
total
6 605
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 044
32 084
53 007
50 053
After tax
62 956
70 916
49 993
52 947
Living cost
25 526
25 526
25 526
25 526
Free-cash
37 430
45 390
24 467
27 421

Estimated living cost  is ₽25526 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21284
₽49003
₽29800
-₽39995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 077
social contributions
-
-
-
11 742
total
-
-
-
31 819
Employee
59 334
-
-
-
social contributions
4 865
-
693
-
income
13 088
-
-
-
total
17 953
-
693
-
Employer
59 334
-
-
-
social contributions
83 661
-
11 923
-
total
83 661
-
11 923
-
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
101 614
40 335
12 616
31 819
After tax
1 386
62 665
90 384
71 181
Living cost
41 381
41 381
41 381
41 381
Free-cash
-39 995
21 284
49 003
29 800

Estimated living cost  is ₽41381 per week

₽26850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28735
₽21651
₽27376
₽27779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 980
surtax
-
-
-
-
social contributions

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

-
-
-
35 793
total
-
-
-
45 773
Employee
43 770
-
83 231
-
surtax
-
-
-
-
social contributions
4 815
-
9 155
-
income
9 104
-
22 576
-
total
13 919
-
31 731
-
Employer
43 770
-
83 231
-
social contributions
10 395
-
19 767
-
total
10 395
-
19 767
-
Corporate
48 834
103 000
-
-
income
10 254
21 631
-
-
surtax
-
-
-
-
total
10 254
21 631
-
-
Dividends
38 580
81 369
-
-
withholding
10 802
22 783
-
-
total
10 802
22 783
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 370
44 414
51 498
45 773
After tax
57 630
58 586
51 502
57 227
Living cost
29 851
29 851
29 851
29 851
Free-cash
27 779
28 735
21 651
27 376

Estimated living cost  is ₽29851 per week

₽22335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5947
₽17774
₽13125
₽12487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 917
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 339
pensions
-
-
-
24 526
total
-
-
-
43 910
Employee
59 606
-
83 217
-
pensions
6 742
-
4 242
-
surtax
-
-
-
-
social contributions
1 698
-
2 371
-
income
5 201
-
12 867
-
total
13 641
-
19 480
-
Employer
59 606
-
83 217
-
health
4 172
-
5 872
-
pensions
9 794
-
7 418
-
unemployment
2 415
-
3 370
-
social contributions
179
-
249
-
other
2 057
-
2 872
-
total
18 617
-
19 781
-
Corporate
24 778
103 000
-
-
income
6 939
28 840
-
-
surtax
-
-
-
-
total
6 939
28 840
-
-
Dividends
17 839
74 160
-
-
surtax
-
-
-
-
social contributions
3 068
12 756
-
-
withholding
2 283
9 492
-
-
total
5 351
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 548
51 088
39 261
43 910
After tax
58 452
51 912
63 739
59 090
Living cost
45 965
45 965
45 965
45 965
Free-cash
12 487
5 947
17 774
13 125

Estimated living cost  is ₽45965 per week

₽31108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64093
₽52218
₽49479
₽60897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 254
social contributions
-
-
-
22 660
total
-
-
-
24 914
Employee
30 596
-
89 177
-
income
-
-
2 559
-
social contributions
1 988
-
5 795
-
total
1 988
-
8 354
-
Employer
30 596
-
89 177
-
social contributions
4 743
-
13 821
-
total
4 743
-
13 821
-
Corporate
67 662
103 000
-
-
income
6 765
10 300
-
-
total
6 765
10 300
-
-
Dividends
60 896
92 700
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 496
10 300
22 175
24 914
After tax
89 504
92 700
80 825
78 086
Living cost
28 607
28 607
28 607
28 607
Free-cash
60 897
64 093
52 218
49 479

Estimated living cost  is ₽28607 per week

₽18497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽104160
-₽104160
₽17625
-₽104160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
8 174
municipal
-
-
-
19 541
national
-
-
-
11 045
pensions
-
-
-
824
total
-
-
-
39 584
Employee
193 271
193 271
193 271
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 612
23 612
23 612
-
total
80 483
80 483
80 483
-
Employer
193 271
193 271
193 271
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 222
41 222
41 222
-
total
80 886
80 886
80 886
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
161 369
161 369
161 369
39 584
After tax
-58 369
-58 369
-58 369
63 416
Living cost
45 791
45 791
45 791
45 791
Free-cash
-104 160
-104 160
-104 160
17 625

Estimated living cost  is ₽45791 per week

₽31340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12509
₽32763
₽49798
₽5144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
25 649
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
32 350
Employee
32 801
-
88 745
-
pensions
3 694
-
7 339
-
income
4 500
-
17 631
-
health
3 756
-
10 161
-
total
11 950
-
35 131
-
Employer
32 801
-
88 745
-
pensions
5 333
-
10 598
-
accident
548
-
1 482
-
unemployment
804
-
2 174
-
total
6 685
-
14 254
-
Corporate
63 514
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.

57 162
92 700
-
-
total
57 162
92 700
-
-
Dividends
6 352
10 300
-
-
withholding
1 207
1 957
-
-
total
1 207
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
77 004
94 657
49 385
32 350
After tax
25 996
8 343
53 615
70 650
Living cost
20 852
20 852
20 852
20 852
Free-cash
5 144
-12 509
32 763
49 798

Estimated living cost  is ₽20852 per week

₽15178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1189
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31348
₽21604
₽35726
₽30090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 188
municipal
-
-
-
18 326
national
-
-
-
11 222
total
-
-
-
30 736
Employee
50 070
-
86 650
-
municipal
8 201
-
14 141
-
unemployment
751
-
1 300
-
pensions
3 379
-
5 850
-
national
827
-
6 281
-
health
374
-
937
-
total
13 532
-
28 509
-
Employer
50 070
-
86 650
-
health
385
-
666
-
pensions
8 687
-
15 033
-
accident
51
-
87
-
unemployment
325
-
563
-
total
9 448
-
16 349
-
Corporate
43 483
103 000
-
-
income
8 696
20 599
-
-
total
8 696
20 599
-
-
Dividends

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

26 090
61 801
-
-
municipal
4 696
11 125
-
-
national
-
3 390
-
-
total
4 696
14 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 372
35 114
44 858
30 736
After tax
66 628
67 886
58 142
72 264
Living cost
36 538
36 538
36 538
36 538
Free-cash
30 090
31 348
21 604
35 726

Estimated living cost  is ₽36538 per week

₽23866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53316
₽49864
₽50434
₽48136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 508
social contributions
-
-
-
15 398
health
-
-
-
2 626
total
-
-
-
30 532
Employee
73 180
73 180
93 509
-
social contributions
2 767
6 074
7 760
-
income
7 968
6 774
12 263
-
health
567
1 244
1 589
-
total
11 302
14 092
21 612
-
Employer
73 180
73 180
93 509
-
health
616
1 355
1 730
-
social contributions
2 767
6 074
7 760
-
total
3 383
7 429
9 490
-
Corporate
66 281
22 392
-
-
income
8 286
2 799
-
-
total
8 286
2 799
-
-
Dividends
57 995
19 592
-
-
withholding
9 859
3 330
-
-
total
9 859
3 330
-
-
Income
103 000
103 000
103 000
103 000
Total tax
32 830
27 650
31 102
30 532
After tax
70 170
75 350
71 898
72 468
Living cost
22 034
22 034
22 034
22 034
Free-cash
48 136
53 316
49 864
50 434

Estimated living cost  is ₽22034 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70184
₽49328
₽68419
₽65344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 946
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 054
total
-
-
-
19 471
Employee

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

21 844
-
93 699
-
unemployment
108
-
452
-
pensions
3 276
-
13 545
-
income
1 494
-
7 587
-
health
1 857
-
7 676
-
total
6 735
-
29 260
-
Employer

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

21 844
-
93 699
-
health
939
-
3 883
-
pensions
1 201
-
4 967
-
unemployment
108
-
452
-
total
2 248
-
9 302
-
Corporate
78 907
103 000
-
-
income
7 101
9 270
-
-
total
7 101
9 270
-
-
Dividends
71 806
93 730
-
-
withholding
6 462
8 436
-
-
total
6 462
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 546
17 706
38 562
19 471
After tax
80 454
85 294
64 438
83 529
Living cost
15 110
15 110
15 110
15 110
Free-cash
65 344
70 184
49 328
68 419

Estimated living cost  is ₽15110 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
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.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽43212
₽27673
₽29811
₽38222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
20 555
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
47 019
Employee
35 189
-
78 102
-
other
34
-
78
-
unemployment
545
-
1 210
-
pensions
1 654
-
3 672
-
income
6 784
-
19 300
-
total
9 017
-
24 260
-
Employer
35 189
-
78 102
-
pensions
8 304
-
18 432
-
accident
697
-
1 546
-
unemployment
1 936
-
4 296
-
other
282
-
623
-
total
11 219
-
24 897
-
Corporate
56 592
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.

8 488
15 450
-
-
total
8 488
15 450
-
-
Dividends
48 103
87 550
-
-
withholding
9 884
18 168
-
-
total
9 884
18 168
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 608
33 618
49 157
47 019
After tax
64 392
69 382
53 843
55 981
Living cost
26 170
26 170
26 170
26 170
Free-cash
38 222
43 212
27 673
29 811

Estimated living cost  is ₽26170 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62403
₽63851
₽63984
₽62097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 796
health
-
-
-
988
pensions
-
-
-
1 363
total
-
-
-
37 147
Employee
2 847
-
101 466
-
unemployment
28
-
68
-
pensions
256
-
613
-
income
551
-
34 724
-
health
142
-
341
-
total
977
-
35 746
-
Employer
2 847
-
101 466
-
health
270
-
648
-
pensions
313
-
750
-
unemployment
57
-
136
-
total
640
-
1 534
-
Corporate
99 513
103 000
-
-
income
21 893
22 660
-
-
total
21 893
22 660
-
-
Dividends
77 620
80 340
-
-
withholding
15 524
16 068
-
-
total
15 524
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 034
38 728
37 280
37 147
After tax
63 966
64 272
65 720
65 853
Living cost
1 869
1 869
1 869
1 869
Free-cash
62 097
62 403
63 851
63 984

Estimated living cost  is ₽1869 per week

₽1111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57960
₽38983
₽38982
₽53279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 977
unemployment
-
-
-
1 055
health
-
-
-
7 244
pensions
-
-
-
18 285
total
-
-
-
47 561
Employee

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

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

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

24 816
-
90 412
-
unemployment
186
-
527
-
pensions
3 474
-
9 846
-
income
3 421
-
20 977
-
health
1 278
-
3 622
-
total
8 359
-
34 972
-
Employer

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

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

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

24 816
-
90 412
-
health
1 278
-
3 622
-
pensions
2 978
-
8 439
-
unemployment
186
-
527
-
total
4 442
-
12 588
-
Corporate
73 742
103 000
-
-
income
11 061
15 450
-
-
total
11 061
15 450
-
-
Dividends
62 681
87 550
-
-
withholding
9 402
13 133
-
-
total
9 402
13 133
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 264
28 583
47 560
47 561
After tax
69 736
74 417
55 440
55 439
Living cost
16 457
16 457
16 457
16 457
Free-cash
53 279
57 960
38 983
38 982

Estimated living cost  is ₽16457 per week

₽11080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32929
₽25845
₽31570
₽32585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 980
surtax
-
-
-
-
social contributions

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

-
-
-
35 793
total
-
-
-
45 773
Employee
36 937
-
83 231
-
surtax
-
-
-
-
social contributions
4 064
-
9 155
-
income
7 217
-
22 576
-
total
11 281
-
31 731
-
Employer
36 937
-
83 231
-
social contributions
8 772
-
19 767
-
total
8 772
-
19 767
-
Corporate
57 291
103 000
-
-
income
12 032
21 631
-
-
surtax
-
-
-
-
total
12 032
21 631
-
-
Dividends
45 260
81 369
-
-
withholding
12 673
22 783
-
-
total
12 673
22 783
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 758
44 414
51 498
45 773
After tax
58 242
58 586
51 502
57 227
Living cost
25 657
25 657
25 657
25 657
Free-cash
32 585
32 929
25 845
31 570

Estimated living cost  is ₽25657 per week

₽18172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35936
₽20397
₽22535
₽28678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
20 555
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 963
total
-
-
-
47 019
Employee
45 962
-
78 102
-
other
45
-
78
-
unemployment
712
-
1 210
-
pensions
2 160
-
3 672
-
income
9 600
-
19 300
-
total
12 517
-
24 260
-
Employer
45 962
-
78 102
-
pensions
10 847
-
18 432
-
accident
910
-
1 546
-
unemployment
2 528
-
4 296
-
other
368
-
623
-
total
14 653
-
24 897
-
Corporate
42 384
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.

6 357
15 450
-
-
total
6 357
15 450
-
-
Dividends
36 027
87 550
-
-
withholding
7 349
18 168
-
-
total
7 349
18 168
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 876
33 618
49 157
47 019
After tax
62 124
69 382
53 843
55 981
Living cost
33 446
33 446
33 446
33 446
Free-cash
28 678
35 936
20 397
22 535

Estimated living cost  is ₽33446 per week

₽24020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71696
₽65649
₽62307
₽65896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
133
health
-
-
-
3 822
pensions

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

-
-
-
4 919
total
-
-
-
24 324
Employee
21 675
-
96 479
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 903
-
2 918
-
income
2 168
-
9 648
-
health
997
-
1 529
-
total
5 306
-
14 461
-
Employer
21 675
-
96 479
-
health
1 496
-
2 293
-
pensions

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

2 389
-
3 663
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
199
-
total
4 253
-
6 521
-
Corporate
77 072
103 000
-
-
income
7 708
10 300
-
-
total
7 708
10 300
-
-
Dividends
69 365
92 700
-
-
withholding
3 468
4 635
-
-
total
3 468
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 735
14 935
20 982
24 324
After tax
82 265
88 065
82 018
78 676
Living cost
16 369
16 369
16 369
16 369
Free-cash
65 896
71 696
65 649
62 307

Estimated living cost  is ₽16369 per week

₽10826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16373
₽35541
₽27111
₽28822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
22 953
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.

-
-
-
1 262
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.

-
-
-
6 502
trade
-
-
-
8 430
total
-
-
-
39 147
Employee

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

47 352
-
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.

215
-
1 262
-
income

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

3 894
-
22 953
-
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.

6 502
-
6 502
-
total
10 611
-
30 717
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 648
103 000
-
-
income
8 347
15 450
-
-
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.

459
851
-
-
chamber of commerce
226
296
-
-
trade
7 986
14 780
-
-
total
17 018
31 377
-
-
Dividends
38 630
71 622
-
-
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.

511
964
-
-
withholding
9 296
17 544
-
-
total
9 807
18 508
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 436
49 885
30 717
39 147
After tax
65 564
53 115
72 283
63 853
Living cost
36 742
36 742
36 742
36 742
Free-cash
28 822
16 373
35 541
27 111

Estimated living cost  is ₽36742 per week

₽25345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17887
₽13994
₽13994
₽19989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 470
social contributions
-
-
-
9 324
total
-
-
-
34 794
Employee
74 443
-
103 000
-
income
14 047
-
25 470
-
social contributions
6 185
-
9 324
-
total
20 232
-
34 794
-
Employer
74 443
-
103 000
-
total
-
-
-
-
Corporate
28 557
103 000
-
-
income
3 570
12 875
-
-
total
3 570
12 875
-
-
Dividends
24 986
90 125
-
-
withholding
4 997
18 026
-
-
total
4 997
18 026
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 799
30 901
34 794
34 794
After tax
74 201
72 099
68 206
68 206
Living cost
54 212
54 212
54 212
54 212
Free-cash
19 989
17 887
13 994
13 994

Estimated living cost  is ₽54212 per week

₽41244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
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.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27376
₽41221
₽35493
₽30702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 090
health

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

-
-
-
5 871
total
-
-
-
32 961
Employee
43 658
-
98 622
-
income
4 737
-
18 477
-
social contributions
4 374
-
4 378
-
total
9 111
-
22 855
-
Employer
43 658
-
98 622
-
social contributions
4 374
-
4 378
-
total
4 374
-
4 378
-
Corporate
54 968
103 000
-
-
income
19 239
36 050
-
-
total
19 239
36 050
-
-
Dividends
35 729
66 950
-
-
social contributions
5 028
5 028
-
-
total
5 028
5 028
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 752
41 078
27 233
32 961
After tax
65 248
61 922
75 767
70 039
Living cost
34 546
34 546
34 546
34 546
Free-cash
30 702
27 376
41 221
35 493

Estimated living cost  is ₽34546 per week

₽22756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
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.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39166
₽28690
₽37971
₽36744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 700
pensions
-
-
-
7 232
total
-
-
-
29 932
Employee
48 175
-
90 562
-
pensions
3 677
-
8 765
-
income
8 773
-
16 514
-
health
628
-
1 496
-
total
13 078
-
26 775
-
Employer
48 175
-
90 562
-
health
916
-
1 721
-
pensions
4 867
-
10 717
-
total
5 783
-
12 438
-
Corporate
49 042
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.

9 318
19 571
-
-
total
9 318
19 571
-
-
Dividends
39 724
83 429
-
-
withholding
2 980
9 167
-
-
total
2 980
9 167
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 159
28 738
39 213
29 932
After tax
71 841
74 262
63 787
73 068
Living cost
35 097
35 097
35 097
35 097
Free-cash
36 744
39 166
28 690
37 971

Estimated living cost  is ₽35097 per week

₽24076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14573
₽30699
₽47734
₽4829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
25 649
other
-
-
-
357
health
-
-
-
2 098
pensions
-
-
-
4 003
total
-
-
-
32 350
Employee
36 048
-
88 745
-
pensions
4 059
-
7 339
-
income
4 945
-
17 631
-
health
4 127
-
10 161
-
total
13 131
-
35 131
-
Employer
36 048
-
88 745
-
pensions
5 861
-
10 598
-
accident
602
-
1 482
-
unemployment
883
-
2 174
-
total
7 346
-
14 254
-
Corporate
59 606
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.

53 645
92 700
-
-
total
53 645
92 700
-
-
Dividends
5 961
10 300
-
-
withholding
1 133
1 957
-
-
total
1 133
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 255
94 657
49 385
32 350
After tax
27 745
8 343
53 615
70 650
Living cost
22 916
22 916
22 916
22 916
Free-cash
4 829
-14 573
30 699
47 734

Estimated living cost  is ₽22916 per week

₽16818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73833
₽53248
₽45827
₽70086
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 007
unemployment
-
-
-
1 236
work injury
-
-
-
515
health insurance
-
-
-
7 622
pensions
-
-
-
18 952
total
-
-
-
44 332
Employee

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

20 545
-
103 000
-
health insurance
1 520
-
5 625
-
unemployment
247
-
912
-
work injury
103
-
380
-
pensions
3 780
-
13 987
-
income
2 055
-
16 007
-
total
7 705
-
36 911
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 455
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
82 455
101 970
-
-
withholding
12 368
15 296
-
-
total
12 368
15 296
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 073
16 326
36 911
44 332
After tax
82 927
86 674
66 089
58 668
Living cost
12 841
12 841
12 841
12 841
Free-cash
70 086
73 833
53 248
45 827

Estimated living cost  is ₽12841 per week

₽7955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16339
₽8642
₽13352
₽12009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 128
municipal
-
-
-
688
national
-
-
-
22 427
total
-
-
-
51 735
Employee
80 195
-
103 000
-
municipal
479
-
614
-
national
13 552
-
19 295
-
regional
1 211
-
1 805
-
social contributions
27 041
-
34 731
-
total
42 283
-
56 445
-
Employer
80 195
-
103 000
-
total
-
-
-
-
Corporate
22 805
103 000
-
-
municipal
1 100
4 965
-
-
nationa
5 474
24 721
-
-
total
6 574
29 686
-
-
Dividends
16 231
73 315
-
-
withholding
4 221
19 062
-
-
total
4 221
19 062
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 078
48 748
56 445
51 735
After tax
49 922
54 252
46 555
51 265
Living cost
37 913
37 913
37 913
37 913
Free-cash
12 009
16 339
8 642
13 352

Estimated living cost  is ₽37913 per week

₽26631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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