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
₽33873
₽23416
₽43557
₽34258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 299
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.

-
-
-
23 079
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.

-
-
-
6 459
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.

-
-
-
1 268
total
-
-
-
40 105
Employee

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

36 162
-
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
-
1 268
-
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.

6 459
-
6 459
-
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.

1 010
-
23 079
-
total
7 525
-
30 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 838
103 000
-
-
trade
10 527
16 223
-
-
income
10 026
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.

551
850
-
-
chamber of commerce
240
291
-
-
total
21 344
32 814
-
-
Dividends
45 494
70 186
-
-
withholding
11 015
17 187
-
-
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.

606
946
-
-
total
11 621
18 133
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 490
50 947
30 806
40 105
After tax
62 510
52 053
72 194
62 895
Living cost
28 637
28 637
28 637
28 637
Free-cash
33 873
23 416
43 557
34 258

Estimated living cost  is ₽28637 per week

₽18014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽15171
₽15975
₽14447
₽13639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 360
municipal
-
-
-
10 824
national
-
-
-
16 773
total
-
-
-
41 064
Employee
74 870
-
89 043
-
national
14 330
-
17 391
-
municipal
9 248
-
11 223
-
pensions
2 995
-
3 562
-
total
26 573
-
32 176
-
Employer
74 870
-
89 043
-
pensions
5 990
-
7 123
-
social contributions
805
-
957
-
total
6 795
-
8 080
-
Corporate
16 395
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%.

3 279
20 600
-
-
total
3 279
20 600
-
-
Dividends
13 116
82 400
-
-
withholding
2 885
18 128
-
-
total
2 885
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 532
38 728
40 256
41 064
After tax
63 468
64 272
62 744
61 936
Living cost
48 297
48 297
48 297
48 297
Free-cash
15 171
15 975
14 447
13 639

Estimated living cost  is ₽48297 per week

₽32827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽723
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54974
₽62731
₽38289
₽35219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
103 000
social contributions

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

-
-
-
33 114
income
-
-
-
14 997
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
48 111
Employee
27 627
-
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.

3 039
-
9 131
-
income
4 918
-
15 914
-
total
7 957
-
25 045
-
Employer
27 627
-
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.

6 655
-
19 996
-
surtax
-
-
-
-
total
6 655
-
19 996
-
Corporate
68 718
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%.

13 744
20 599
-
-
total
13 744
20 599
-
-
Dividends

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

54 975
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 356
20 599
45 041
48 111
After tax
74 644
82 401
57 959
54 889
Living cost
19 670
19 670
19 670
19 670
Free-cash
54 974
62 731
38 289
35 219

Estimated living cost  is ₽19670 per week

₽12549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4647
₽10441
₽12817
₽18960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 697
pensions
-
-
-
11 077
health
-
-
-
11 659
total
-
-
-
44 433
Employee
80 739
80 739
87 652
-
health
12 393
10 541
10 936
-
pensions
14 533
11 077
11 077
-
income

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

13 216
13 216
13 216
-
total
40 142
34 834
35 229
-
Employer
80 739
80 739
87 652
-
pensions
5 619
5 619
6 100
-
unemployment
2 907
2 907
3 156
-
health
5 612
5 612
6 091
-
total
14 138
14 138
15 347
-
Corporate
9 113
8 123
-
-
income
1 823
1 624
-
-
total
1 823
1 624
-
-
Dividends
7 290
6 499
-
-
withholding
1 093
974
-
-
income
1 550
1 382
-
-
total
2 643
2 356
-
-
Income
103 000
103 000
103 000
103 000
Total tax
58 746
52 952
50 576
44 433
After tax
44 254
50 048
52 424
58 567
Living cost
39 607
39 607
39 607
39 607
Free-cash
4 647
10 441
12 817
18 960

Estimated living cost  is ₽39607 per week

₽28068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3570
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16285
₽17161
₽15927
₽15796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 952
unemployment
-
-
-
86
pensions
-
-
-
9 258
municipal
-
-
-
23 316
accident
-
-
-
171
national
-
-
-
-
health
-
-
-
5 344
total
-
-
-
48 127
Employee
55 681
-
78 375
-
national
-
-
-
-
municipal
16 604
-
23 371
-
total
16 604
-
23 371
-
Employer
55 681
-
78 375
-
other
6 470
-
9 107
-
accident
111
-
157
-
pensions
6 019
-
8 472
-
unemployment
1 470
-
2 069
-
health
3 424
-
4 820
-
total
17 494
-
24 625
-
Corporate
29 825
103 000
-
-
income
6 561
22 660
-
-
total
6 561
22 660
-
-
Dividends
23 263
80 340
-
-
withholding
6 979
24 102
-
-
total
6 979
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 638
46 762
47 996
48 127
After tax
55 362
56 238
55 004
54 873
Living cost
39 077
39 077
39 077
39 077
Free-cash
16 285
17 161
15 927
15 796

Estimated living cost  is ₽39077 per week

₽25898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3835
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27666
₽14382
₽35052
₽25340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 712
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.

-
-
-
23 079
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.

-
-
-
6 459
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.

-
-
-
1 268
total
-
-
-
40 518
Employee

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

47 947
-
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.

226
-
1 268
-
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.

6 459
-
6 459
-
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.

4 119
-
23 079
-
total
10 804
-
30 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 053
103 000
-
-
trade
9 057
16 943
-
-
income
8 259
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.

454
850
-
-
chamber of commerce
222
291
-
-
total
17 992
33 534
-
-
Dividends
37 061
69 466
-
-
withholding
8 906
17 007
-
-
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.

490
935
-
-
total
9 396
17 942
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 192
51 476
30 806
40 518
After tax
64 808
51 524
72 194
62 482
Living cost
37 142
37 142
37 142
37 142
Free-cash
27 666
14 382
35 052
25 340

Estimated living cost  is ₽37142 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3917
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.
₽7830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40760
₽44680
₽41142
₽41788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 297
income
-
-
-
12 622
health
-
-
-
2 627
total
-
-
-
30 546
Employee
72 702
72 702
93 509
-
health
723
1 236
1 590
-
social contributions
3 533
6 034
7 762
-
income
7 634
6 730
12 348
-
total
11 890
14 000
21 700
-
Employer
72 702
72 702
93 509
-
social contributions
3 533
6 034
7 762
-
health
788
1 346
1 730
-
total
4 321
7 380
9 492
-
Corporate
56 123
22 919
-
-
income
7 015
2 865
-
-
total
7 015
2 865
-
-
Dividends
49 108
20 053
-
-
withholding
8 348
3 409
-
-
total
8 348
3 409
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 574
27 654
31 192
30 546
After tax
71 426
75 346
71 808
72 454
Living cost
30 666
30 666
30 666
30 666
Free-cash
40 760
44 680
41 142
41 788

Estimated living cost  is ₽30666 per week

₽20963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽40807
₽40442
₽42150
₽53793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 545
income
-
-
-
12 592
pensions
-
-
-
10 300
health
-
-
-
7 210
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.

25 348
10 088
86 192
-
unemployment
380
151
1 293
-
health
1 774
706
6 033
-
pensions
2 535
1 009
8 619
-
income
3 099
1 233
10 537
-
total
7 788
3 099
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.

25 348
10 088
86 192
-
pensions
4 943
1 967
16 808
-
total
4 943
1 967
16 808
-
Corporate
72 710
90 945
-
-
income
6 544
8 185
-
-
total
6 544
8 185
-
-
Dividends
66 166
82 760
-
-
withholding
12 571
15 724
-
-
social contributions
12 787
16 023
-
-
total
25 358
31 747
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 633
44 998
43 290
31 647
After tax
58 367
58 002
59 710
71 353
Living cost
17 560
17 560
17 560
17 560
Free-cash
40 807
40 442
42 150
53 793

Estimated living cost  is ₽17560 per week

₽11983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53690
₽59564
₽36532
₽32371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 803
pensions
-
-
-
20 599
health
-
-
-
13 390
total
-
-
-
47 792
Employee
26 821
-
76 980
-
unemployment
429
-
1 231
-
pensions
536
-
1 539
-
income
3 020
-
14 842
-
total
3 985
-
17 612
-
Employer
26 821
-
76 980
-
pensions
5 365
-
15 396
-
unemployment
215
-
615
-
health
3 486
-
10 008
-
total
9 066
-
26 019
-
Corporate
67 112
103 000
-
-
income
13 422
20 599
-
-
total
13 422
20 599
-
-
Dividends
53 690
82 401
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 473
20 599
43 631
47 792
After tax
76 527
82 401
59 369
55 208
Living cost
22 836
22 836
22 836
22 836
Free-cash
53 690
59 564
36 532
32 371

Estimated living cost  is ₽22836 per week

₽15663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1360
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.
₽5354
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5091
-₽12856
₽32404
₽49453
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
25 637
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
32 348
Employee
33 348
-
88 728
-
health
3 818
-
10 159
-
pensions
3 755
-
7 352
-
income
4 575
-
17 614
-
total
12 148
-
35 125
-
Employer
33 348
-
88 728
-
accident
557
-
1 482
-
pensions
5 423
-
10 616
-
unemployment
817
-
2 174
-
total
6 797
-
14 272
-
Corporate
62 856
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.

56 571
92 700
-
-
total
56 571
92 700
-
-
Dividends
6 286
10 300
-
-
withholding
1 194
1 957
-
-
total
1 194
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 710
94 657
49 397
32 348
After tax
26 290
8 343
53 603
70 652
Living cost
21 199
21 199
21 199
21 199
Free-cash
5 091
-12 856
32 404
49 453

Estimated living cost  is ₽21199 per week

₽15537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
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.
₽4045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88723
₽90163
₽74713
₽94283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 608
-
103 000
-
income
1 921
-
20 600
-
total
1 921
-
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%.

93 392
103 000
-
-
total
-
-
-
-
Dividends
93 392
103 000
-
-
withholding
4 669
5 150
-
-
total
4 669
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 590
5 150
20 600
1 030
After tax
96 410
97 850
82 400
101 970
Living cost
7 687
7 687
7 687
7 687
Free-cash
88 723
90 163
74 713
94 283

Estimated living cost  is ₽7687 per week

₽4764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44095
₽50479
₽34706
₽30450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 893
income
-
-
-
13 213
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.

-
-
-
24 719
health
-
-
-
4 532
total
-
-
-
47 357
Employee
34 329
-
82 266
-
unemployment
343
-
824
-
health
481
-
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.

2 402
-
5 759
-
income
5 910
-
14 632
-
total
9 136
-
22 367
-
Employer
34 329
-
82 266
-
other
1 717
-
4 114
-
accident
275
-
658
-
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.

5 837
-
13 986
-
unemployment
343
-
824
-
health
481
-
1 152
-
total
8 653
-
20 734
-
Corporate
60 019
103 000
-
-
income
12 604
21 631
-
-
total
12 604
21 631
-
-
Dividends
47 415
81 369
-
-
withholding
3 319
5 697
-
-
total
3 319
5 697
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 712
27 328
43 101
47 357
After tax
69 288
75 672
59 899
55 643
Living cost
25 193
25 193
25 193
25 193
Free-cash
44 095
50 479
34 706
30 450

Estimated living cost  is ₽25193 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2555
₽11993
₽1522
₽10910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 059
pensions
-
-
-
7 127
total
-
-
-
30 186
Employee
87 585
-
90 531
-
health
1 443
-
1 504
-
pensions
8 450
-
8 802
-
income
15 788
-
16 801
-
total
25 681
-
27 107
-
Employer
87 585
-
90 531
-
pensions
10 341
-
10 747
-
health
1 663
-
1 720
-
total
12 004
-
12 467
-
Corporate
3 410
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.

648
19 570
-
-
total
648
19 570
-
-
Dividends
2 762
83 430
-
-
withholding
208
9 533
-
-
total
208
9 533
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 541
29 103
39 574
30 186
After tax
64 459
73 897
63 426
72 814
Living cost
61 904
61 904
61 904
61 904
Free-cash
2 555
11 993
1 522
10 910

Estimated living cost  is ₽61904 per week

₽46386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7273
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.
₽7742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71277
₽75668
₽69690
₽66335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
15 450
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
24 268
Employee
16 415
-
96 520
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
health
755
-
1 519
-
pensions

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

1 441
-
2 900
-
income
1 641
-
9 652
-
total
4 018
-
14 434
-
Employer
16 415
-
96 520
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 809
-
3 639
-
unemployment
98
-
198
-
health
1 133
-
2 279
-
total
3 221
-
6 479
-
Corporate
83 364
103 000
-
-
income
8 336
10 300
-
-
total
8 336
10 300
-
-
Dividends
75 028
92 700
-
-
withholding
3 751
4 635
-
-
total
3 751
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 326
14 935
20 913
24 268
After tax
83 674
88 065
82 087
78 732
Living cost
12 397
12 397
12 397
12 397
Free-cash
71 277
75 668
69 690
66 335

Estimated living cost  is ₽12397 per week

₽7237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽885
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4
-₽2380
-₽4
₽6139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 697
pensions
-
-
-
11 077
health
-
-
-
11 659
total
-
-
-
44 433
Employee
87 657
80 739
87 652
-
health
10 936
10 541
10 936
-
pensions
11 077
11 077
11 077
-
income

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

13 216
13 216
13 216
-
total
35 229
34 834
35 229
-
Employer
87 657
80 739
87 652
-
pensions
6 100
5 619
6 100
-
unemployment
3 156
2 907
3 156
-
health
6 091
5 612
6 091
-
total
15 347
14 138
15 347
-
Corporate
-
8 123
-
-
income
-
1 624
-
-
total
-
1 624
-
-
Dividends
-
6 499
-
-
withholding
-
974
-
-
income
-
1 382
-
-
total
-
2 356
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 576
52 952
50 576
44 433
After tax
52 424
50 048
52 424
58 567
Living cost
52 428
52 428
52 428
52 428
Free-cash
-4
-2 380
-4
6 139

Estimated living cost  is ₽52428 per week

₽38674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38978
₽47376
₽28730
₽26627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
30 076
income
-
-
-
8 853
health
-
-
-
13 905
solidarity contribution
-
-
-
-
total
-
-
-
52 834
Employee
34 617
-
76 866
-
solidarity contribution
-
-
-
-
health
4 673
-
10 377
-
social contributions
2 250
-
4 996
-
income
4 154
-
9 224
-
total
11 077
-
24 597
-
Employer
34 617
-
76 866
-
social contributions
8 654
-
19 216
-
health
3 116
-
6 918
-
total
11 770
-
26 134
-
Corporate
56 613
103 000
-
-
income
10 757
19 570
-
-
total
10 757
19 570
-
-
Dividends
45 857
83 430
-
-
withholding
6 879
12 515
-
-
total
6 879
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 483
32 085
50 731
52 834
After tax
62 517
70 915
52 269
50 166
Living cost
23 539
23 539
23 539
23 539
Free-cash
38 978
47 376
28 730
26 627

Estimated living cost  is ₽23539 per week

₽16351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10124
₽15061
₽7478
₽12379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 152
social contributions
-
-
-
26 491
municipal
-
-
-
612
national
-
-
-
22 471
total
-
-
-
50 726
Employee
84 027
-
103 000
-
national
14 560
-
19 340
-
regional
793
-
1 010
-
municipal
445
-
545
-
social contributions
28 334
-
34 732
-
total
44 132
-
55 627
-
Employer
84 027
-
103 000
-
total
-
-
-
-
Corporate
18 973
103 000
-
-
nationa
4 554
24 720
-
-
municipal
739
4 017
-
-
total
5 293
28 737
-
-
Dividends
13 680
74 262
-
-
withholding
3 556
19 307
-
-
total
3 556
19 307
-
-
Income
103 000
103 000
103 000
103 000
Total tax
52 981
48 044
55 627
50 726
After tax
50 019
54 956
47 373
52 274
Living cost
39 895
39 895
39 895
39 895
Free-cash
10 124
15 061
7 478
12 379

Estimated living cost  is ₽39895 per week

₽27810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8856
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40983
₽43924
₽29253
₽30982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
20 416
pensions
-
-
-
20 599
health
-
-
-
7 313
surtax
-
-
-
2 612
total
-
-
-
51 155
Employee
31 266
-
85 088
-
surtax
102
-
2 350
-
unemployment
2 176
-
5 923
-
other
-
-
-
-
health
798
-
2 171
-
pensions
2 085
-
5 675
-
income
5 241
-
18 853
-
total
10 402
-
34 972
-
Employer
31 266
-
85 088
-
other
-
-
-
-
pensions
4 168
-
11 343
-
unemployment
990
-
2 697
-
health
1 423
-
3 872
-
total
6 581
-
17 912
-
Corporate
65 153
103 000
-
-
income
16 939
26 780
-
-
total
16 939
26 780
-
-
Dividends
48 214
76 220
-
-
withholding
7 232
11 433
-
-
total
7 232
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 154
38 213
52 884
51 155
After tax
61 846
64 787
50 116
51 845
Living cost
20 863
20 863
20 863
20 863
Free-cash
40 983
43 924
29 253
30 982

Estimated living cost  is ₽20863 per week

₽12757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27598
₽31606
₽21135
₽30523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 059
pensions
-
-
-
7 127
total
-
-
-
30 186
Employee
58 697
-
90 531
-
health
852
-
1 504
-
pensions
4 982
-
8 802
-
income
10 572
-
16 801
-
total
16 406
-
27 107
-
Employer
58 697
-
90 531
-
pensions
6 354
-
10 747
-
health
1 115
-
1 720
-
total
7 469
-
12 467
-
Corporate
36 834
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.

6 998
19 570
-
-
total
6 998
19 570
-
-
Dividends
29 836
83 430
-
-
withholding
2 238
9 533
-
-
total
2 238
9 533
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 111
29 103
39 574
30 186
After tax
69 889
73 897
63 426
72 814
Living cost
42 291
42 291
42 291
42 291
Free-cash
27 598
31 606
21 135
30 523

Estimated living cost  is ₽42291 per week

₽31684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
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.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4438
-₽27467
₽6050
₽11157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 061
city
-
-
-
1 086
regional
-
-
-
3 679
pensions
-
-
-
9 476
national
-
-
-
731
health
-
-
-
243
total
-
-
-
17 276
Employee
87 262
-
92 189
-
national
413
-
521
-
unemployment
-
-
-
-
city
937
-
990
-
regional
2 857
-
3 124
-
health
197
-
207
-
pensions
7 331
-
7 745
-
total
11 735
-
12 587
-
Employer
87 262
-
92 189
-
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.

1 745
-
1 844
-
pensions
7 331
-
7 745
-
unemployment
-
-
-
-
health
197
-
207
-
total
9 273
-
9 796
-
Corporate
5 505
103 000
-
-
regional
1 164
21 785
-
-
national
467
8 754
-
-
total
1 631
30 539
-
-
Dividends
3 873
72 461
-
-
withholding
1 356
25 361
-
-
total
1 356
25 361
-
-
Income
103 000
103 000
103 000
103 000
Total tax
23 995
55 900
22 383
17 276
After tax
79 005
47 100
80 617
85 724
Living cost
74 567
74 567
74 567
74 567
Free-cash
4 438
-27 467
6 050
11 157

Estimated living cost  is ₽74567 per week

₽48490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23012
₽7681
₽28882
₽18756
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 126
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.

-
-
-
23 079
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.

-
-
-
6 459
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.

-
-
-
1 268
total
-
-
-
40 932
Employee

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

56 821
-
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.

368
-
1 268
-
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.

6 459
-
6 459
-
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.

6 682
-
23 079
-
total
13 509
-
30 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 179
103 000
-
-
trade
7 920
17 664
-
-
income
6 927
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.

380
850
-
-
chamber of commerce
208
289
-
-
total
15 435
34 253
-
-
Dividends
30 744
68 747
-
-
withholding
7 328
16 828
-
-
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.

404
926
-
-
total
7 732
17 754
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 676
52 007
30 806
40 932
After tax
66 324
50 993
72 194
62 068
Living cost
43 312
43 312
43 312
43 312
Free-cash
23 012
7 681
28 882
18 756

Estimated living cost  is ₽43312 per week

₽31634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25149
₽19562
₽31270
₽26725
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 194
social contributions
-
-
-
2 935
income
-
-
-
11 005
pensions
-
-
-
24 421
health
-
-
-
2 372
surtax
-
-
-
-
total
-
-
-
43 927
Employee
40 465
-
83 163
-
surtax
-
-
-
-
pensions
4 575
-
4 263
-
social contributions
1 154
-
2 370
-
income
2 388
-
12 912
-
total
8 117
-
19 545
-
Employer
40 465
-
83 163
-
other
1 396
-
2 869
-
pensions
6 648
-
7 452
-
unemployment
1 638
-
3 368
-
social contributions
122
-
249
-
health
2 833
-
5 899
-
total
12 637
-
19 837
-
Corporate
49 899
103 000
-
-
income
13 971
28 840
-
-
surtax
-
-
-
-
total
13 971
28 840
-
-
Dividends
35 927
74 160
-
-
withholding
4 599
9 493
-
-
social contributions
6 179
12 757
-
-
surtax
-
-
-
-
total
10 778
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 503
51 090
39 382
43 927
After tax
57 497
51 910
63 618
59 073
Living cost
32 348
32 348
32 348
32 348
Free-cash
25 149
19 562
31 270
26 725

Estimated living cost  is ₽32348 per week

₽20396
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2630
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.
₽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 Nice model

Close
Marseille , France
₽28022
₽22767
₽34475
₽29930
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 194
social contributions
-
-
-
2 935
income
-
-
-
11 005
pensions
-
-
-
24 421
health
-
-
-
2 372
surtax
-
-
-
-
total
-
-
-
43 927
Employee
36 120
-
83 163
-
surtax
-
-
-
-
pensions
4 085
-
4 263
-
social contributions
1 030
-
2 370
-
income
1 862
-
12 912
-
total
6 977
-
19 545
-
Employer
36 120
-
83 163
-
other
1 247
-
2 869
-
pensions
5 935
-
7 452
-
unemployment
1 462
-
3 368
-
social contributions
108
-
249
-
health
2 528
-
5 899
-
total
11 280
-
19 837
-
Corporate
55 600
103 000
-
-
income
15 568
28 840
-
-
surtax
-
-
-
-
total
15 568
28 840
-
-
Dividends
40 031
74 160
-
-
withholding
5 124
9 493
-
-
social contributions
6 886
12 757
-
-
surtax
-
-
-
-
total
12 010
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 835
51 090
39 382
43 927
After tax
57 165
51 910
63 618
59 073
Living cost
29 143
29 143
29 143
29 143
Free-cash
28 022
22 767
34 475
29 930

Estimated living cost  is ₽29143 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43283
₽42791
₽45841
₽46099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
14 214
income
-
-
-
15 450
health
-
-
-
7 189
total
-
-
-
36 853
Employee
32 057
-
103 000
-
health
2 237
-
7 189
-
social contributions
4 424
-
14 214
-
income
5 347
-
15 708
-
total
12 008
-
37 111
-
Employer
32 057
-
103 000
-
total
-
-
-
-
Corporate
70 943
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%.

3 547
5 149
-
-
total
3 547
5 149
-
-
Dividends
67 396
97 851
-
-
health
4 704
6 831
-
-
withholding
10 109
14 678
-
-
social contributions
9 301
13 503
-
-
total
24 114
35 012
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 669
40 161
37 111
36 853
After tax
63 331
62 839
65 889
66 147
Living cost
20 048
20 048
20 048
20 048
Free-cash
43 283
42 791
45 841
46 099

Estimated living cost  is ₽20048 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22820
₽24279
-₽3153
₽18143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
413
unemployment
-
-
-
5 799
income
-
-
-
18 209
pensions
-
-
-
19 054
health
-
-
-
7 880
surtax
-
-
-
187
total
-
-
-
51 542
Employee
47 250
37 678
79 837
-
unemployment
1 417
1 130
2 395
-
other
472
377
798
-
health
1 828
1 459
3 090
-
pensions
4 839
3 858
8 176
-
income
5 379
2 779
16 155
-
total
13 935
9 603
30 614
-
Employer
47 250
37 678
79 837
-
payroll
1 417
1 130
2 395
-
other
2 245
1 789
3 791
-
accident
614
490
1 037
-
pensions
5 930
4 730
10 019
-
unemployment
1 417
1 130
2 395
-
chamber of commerce
188
151
319
-
surtax
187
187
187
-
health
1 785
1 425
3 018
-
total
13 783
11 032
23 161
-
Corporate
41 967
54 291
76 250
-
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.

10 492
13 573
19 063
-
total
10 492
13 573
19 063
-
Dividends
31 474
40 718
-
-
withholding
8 655
11 198
-
-
total
8 655
11 198
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 865
45 406
72 838
51 542
After tax
56 135
57 594
30 162
51 458
Living cost
33 315
33 315
33 315
33 315
Free-cash
22 820
24 279
-3 153
18 143

Estimated living cost  is ₽33315 per week

₽22219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
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.
₽7706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9083
₽23263
₽5176
₽12870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
16 525
national
-
-
-
33 943
communal

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

-
-
-
5 189
total
-
-
-
55 657
Employee

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

67 630
-
79 776
-
national
20 792
-
25 543
-
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.

588
-
694
-
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.

3 178
-
3 748
-
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.

5 072
-
5 984
-
communal

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

3 527
-
4 161
-
total
33 157
-
40 130
-
Employer

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

67 630
-
79 776
-
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.

879
-
1 037
-
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.

5 993
-
7 067
-
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.

987
-
1 164
-
surtax
7 668
-
9 046
-
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.

4 159
-
4 907
-
total
19 686
-
23 221
-
Corporate
15 684
103 000
-
-
income
3 136
20 599
-
-
surtax
63
413
-
-
total
3 199
21 012
-
-
Dividends
12 485
81 988
-
-
withholding

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

3 402
24 252
-
-
total
3 402
24 252
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 444
45 264
63 351
55 657
After tax
43 556
57 736
39 649
47 343
Living cost
34 473
34 473
34 473
34 473
Free-cash
9 083
23 263
5 176
12 870

Estimated living cost  is ₽34473 per week

₽22205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27703
₽35235
₽19646
₽21895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
20 670
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
46 960
Employee
47 063
-
78 102
-
unemployment
730
-
1 211
-
other
47
-
79
-
pensions
2 212
-
3 671
-
income
9 930
-
19 350
-
total
12 919
-
24 311
-
Employer
47 063
-
78 102
-
other
375
-
624
-
accident
931
-
1 547
-
pensions
11 106
-
18 432
-
unemployment
2 589
-
4 295
-
total
15 001
-
24 898
-
Corporate
40 936
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.

6 140
15 450
-
-
total
6 140
15 450
-
-
Dividends
34 796
87 550
-
-
withholding
7 092
18 170
-
-
total
7 092
18 170
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 152
33 620
49 209
46 960
After tax
61 848
69 380
53 791
56 040
Living cost
34 145
34 145
34 145
34 145
Free-cash
27 703
35 235
19 646
21 895

Estimated living cost  is ₽34145 per week

₽25144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4506
₽11358
₽10746
₽6397
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 062
pensions
-
-
-
15 439
accident
-
-
-
868
communal
-
-
-
6 509
health
-
-
-
7 238
surtax
-
-
-
5 106
total
-
-
-
45 222
Employee
71 599
-
92 005
-
surtax
4 389
-
5 639
-
health
3 187
-
4 094
-
pensions
5 727
-
7 360
-
income
6 916
-
12 785
-
total
20 219
-
29 878
-
Employer
71 599
-
92 005
-
accident
644
-
829
-
pensions
5 727
-
7 360
-
health
2 184
-
2 806
-
total
8 555
-
10 995
-
Corporate
22 846
103 000
-
-
income
3 427
15 450
-
-
communal
-
6 953
-
-
surtax
240
1 082
-
-
total
3 667
23 485
-
-
Dividends
19 179
79 516
-
-
withholding
2 876
11 928
-
-
income
11 796
4 848
-
-
total
14 672
16 776
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 113
40 261
40 873
45 222
After tax
55 887
62 739
62 127
57 778
Living cost
51 381
51 381
51 381
51 381
Free-cash
4 506
11 358
10 746
6 397

Estimated living cost  is ₽51381 per week

₽38543
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
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.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40542
₽43551
₽28880
₽30609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
215
income
-
-
-
20 416
pensions
-
-
-
20 599
health
-
-
-
7 313
surtax
-
-
-
2 612
total
-
-
-
51 155
Employee
31 840
-
85 088
-
surtax
113
-
2 350
-
unemployment
2 216
-
5 923
-
other
-
-
-
-
health
813
-
2 171
-
pensions
2 124
-
5 675
-
income
5 338
-
18 853
-
total
10 604
-
34 972
-
Employer
31 840
-
85 088
-
other
-
-
-
-
pensions
4 245
-
11 343
-
unemployment
1 010
-
2 697
-
health
1 448
-
3 872
-
total
6 703
-
17 912
-
Corporate
64 457
103 000
-
-
income
16 760
26 780
-
-
total
16 760
26 780
-
-
Dividends
47 697
76 220
-
-
withholding
7 155
11 433
-
-
total
7 155
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 222
38 213
52 884
51 155
After tax
61 778
64 787
50 116
51 845
Living cost
21 236
21 236
21 236
21 236
Free-cash
40 542
43 551
28 880
30 609

Estimated living cost  is ₽21236 per week

₽12821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26572
₽28670
₽21528
₽26404
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 553
social contributions
-
-
-
26 491
municipal
-
-
-
612
national
-
-
-
22 471
total
-
-
-
51 127
Employee
52 446
-
103 000
-
national
8 309
-
19 340
-
regional
706
-
1 386
-
municipal
278
-
545
-
social contributions
17 685
-
34 732
-
total
26 978
-
56 003
-
Employer
52 446
-
103 000
-
total
-
-
-
-
Corporate
50 554
103 000
-
-
nationa
12 132
24 720
-
-
municipal
2 512
5 119
-
-
total
14 644
29 839
-
-
Dividends
35 909
73 161
-
-
withholding
9 337
19 022
-
-
total
9 337
19 022
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 959
48 861
56 003
51 127
After tax
52 041
54 139
46 997
51 873
Living cost
25 469
25 469
25 469
25 469
Free-cash
26 572
28 670
21 528
26 404

Estimated living cost  is ₽25469 per week

₽15839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31559
₽41908
₽23262
₽21159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
30 076
income
-
-
-
8 853
health
-
-
-
13 905
solidarity contribution
-
-
-
-
total
-
-
-
52 834
Employee
42 657
-
76 866
-
solidarity contribution
-
-
-
-
health
5 759
-
10 377
-
social contributions
2 773
-
4 996
-
income
5 119
-
9 224
-
total
13 651
-
24 597
-
Employer
42 657
-
76 866
-
social contributions
10 664
-
19 216
-
health
3 839
-
6 918
-
total
14 503
-
26 134
-
Corporate
45 840
103 000
-
-
income
8 710
19 570
-
-
total
8 710
19 570
-
-
Dividends
37 130
83 430
-
-
withholding
5 570
12 515
-
-
total
5 570
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 434
32 085
50 731
52 834
After tax
60 566
70 915
52 269
50 166
Living cost
29 007
29 007
29 007
29 007
Free-cash
31 559
41 908
23 262
21 159

Estimated living cost  is ₽29007 per week

₽21571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27064
₽27533
₽29
₽21481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
413
unemployment
-
-
-
5 799
income
-
-
-
18 209
pensions
-
-
-
19 054
health
-
-
-
7 880
surtax
-
-
-
-
total
-
-
-
51 355
Employee
41 329
37 678
79 980
-
unemployment
1 240
1 130
2 399
-
other
413
377
800
-
health
1 599
1 459
3 095
-
pensions
4 233
3 858
8 191
-
income
3 682
2 779
16 205
-
total
11 167
9 603
30 690
-
Employer
41 329
37 678
79 980
-
payroll
1 240
1 130
2 399
-
other
1 963
1 789
3 800
-
accident
536
490
1 041
-
pensions
5 187
4 730
10 037
-
unemployment
1 240
1 130
2 399
-
chamber of commerce
165
151
319
-
surtax
-
-
-
-
health
1 563
1 425
3 023
-
total
11 894
10 845
23 018
-
Corporate
49 777
54 478
76 394
-
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.

12 445
13 620
19 099
-
total
12 445
13 620
19 099
-
Dividends
37 333
40 858
-
-
withholding
10 266
11 235
-
-
total
10 266
11 235
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 772
45 303
72 807
51 355
After tax
57 228
57 697
30 193
51 645
Living cost
30 164
30 164
30 164
30 164
Free-cash
27 064
27 533
29
21 481

Estimated living cost  is ₽30164 per week

₽18095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3081
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.
₽8451
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83625
₽85871
₽70421
₽89991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 974
-
103 000
-
income
2 995
-
20 600
-
total
2 995
-
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%.

88 026
103 000
-
-
total
-
-
-
-
Dividends
88 026
103 000
-
-
withholding
4 401
5 150
-
-
total
4 401
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 396
5 150
20 600
1 030
After tax
95 604
97 850
82 400
101 970
Living cost
11 979
11 979
11 979
11 979
Free-cash
83 625
85 871
70 421
89 991

Estimated living cost  is ₽11979 per week

₽8106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37646
₽45556
₽24607
₽27560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
154
income
-
-
-
20 981
pensions
-
-
-
18 810
health
-
-
-
10 135
total
-
-
-
50 080
Employee

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

41 809
-
89 122
-
unemployment
59
-
126
-
health
2 700
-
5 758
-
pensions
6 481
-
13 814
-
income
7 210
-
19 459
-
total
16 450
-
39 157
-
Employer

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

41 809
-
89 122
-
pensions
3 700
-
7 887
-
unemployment
25
-
54
-
health
2 785
-
5 935
-
total
6 510
-
13 876
-
Corporate
54 682
103 000
-
-
income
10 390
19 569
-
-
total
10 390
19 569
-
-
Dividends
44 292
83 431
-
-
withholding
6 644
12 515
-
-
total
6 644
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 994
32 084
53 033
50 080
After tax
63 006
70 916
49 967
52 920
Living cost
25 360
25 360
25 360
25 360
Free-cash
37 646
45 556
24 607
27 560

Estimated living cost  is ₽25360 per week

₽17404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36258
₽22366
₽50414
₽30882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
11 742
income
-
-
-
20 077
total
-
-
-
31 819
Employee
57 784
-
-
-
social contributions
4 738
-
675
-
income
12 746
-
-
-
total
17 484
-
675
-
Employer
57 784
-
-
-
social contributions
81 475
-
11 612
-
total
81 475
-
11 612
-
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
98 959
40 335
12 287
31 819
After tax
4 041
62 665
90 713
71 181
Living cost
40 299
40 299
40 299
40 299
Free-cash
-36 258
22 366
50 414
30 882

Estimated living cost  is ₽40299 per week

₽26148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3790
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.
₽9848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27980
₽28930
₽21774
₽27541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
social contributions

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

-
-
-
35 793
income
-
-
-
10 010
surtax
-
-
-
-
total
-
-
-
45 803
Employee
43 484
-
83 231
-
surtax
-
-
-
-
social contributions
4 783
-
9 156
-
income
9 045
-
22 647
-
total
13 828
-
31 803
-
Employer
43 484
-
83 231
-
social contributions
10 327
-
19 767
-
total
10 327
-
19 767
-
Corporate
49 188
103 000
-
-
income
10 329
21 631
-
-
surtax
-
-
-
-
total
10 329
21 631
-
-
Dividends
38 859
81 369
-
-
withholding
10 880
22 783
-
-
total
10 880
22 783
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 364
44 414
51 570
45 803
After tax
57 636
58 586
51 430
57 197
Living cost
29 656
29 656
29 656
29 656
Free-cash
27 980
28 930
21 774
27 541

Estimated living cost  is ₽29656 per week

₽22189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
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.
₽5223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12741
₽6245
₽17953
₽13408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 194
social contributions
-
-
-
2 935
income
-
-
-
11 005
pensions
-
-
-
24 421
health
-
-
-
2 372
surtax
-
-
-
-
total
-
-
-
43 927
Employee
59 216
-
83 163
-
surtax
-
-
-
-
pensions
6 698
-
4 263
-
social contributions
1 687
-
2 370
-
income
5 167
-
12 912
-
total
13 552
-
19 545
-
Employer
59 216
-
83 163
-
other
2 044
-
2 869
-
pensions
9 730
-
7 452
-
unemployment
2 399
-
3 368
-
social contributions
178
-
249
-
health
4 145
-
5 899
-
total
18 496
-
19 837
-
Corporate
25 289
103 000
-
-
income
7 082
28 840
-
-
surtax
-
-
-
-
total
7 082
28 840
-
-
Dividends
18 207
74 160
-
-
withholding
2 331
9 493
-
-
social contributions
3 133
12 757
-
-
surtax
-
-
-
-
total
5 464
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 594
51 090
39 382
43 927
After tax
58 406
51 910
63 618
59 073
Living cost
45 665
45 665
45 665
45 665
Free-cash
12 741
6 245
17 953
13 408

Estimated living cost  is ₽45665 per week

₽30905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10397
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61104
₽64279
₽52364
₽49626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 293
social contributions
-
-
-
22 661
total
-
-
-
24 954
Employee
30 396
-
89 177
-
social contributions
1 975
-
5 797
-
income
-
-
2 596
-
total
1 975
-
8 393
-
Employer
30 396
-
89 177
-
social contributions
4 712
-
13 823
-
total
4 712
-
13 823
-
Corporate
67 893
103 000
-
-
income
6 789
10 301
-
-
total
6 789
10 301
-
-
Dividends
61 103
92 699
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 476
10 301
22 216
24 954
After tax
89 524
92 699
80 784
78 046
Living cost
28 420
28 420
28 420
28 420
Free-cash
61 104
64 279
52 364
49 626

Estimated living cost  is ₽28420 per week

₽18376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽102691
-₽102691
-₽102691
₽17910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
818
municipal
-
-
-
19 576
labour market
-
-
-
8 175
national
-
-
-
11 055
total
-
-
-
39 624
Employee
191 903
191 903
191 903
-
national
23 444
23 444
23 444
-
municipal
40 865
40 865
40 865
-
labour market
15 330
15 330
15 330
-
pensions
273
273
273
-
total
79 912
79 912
79 912
-
Employer
191 903
191 903
191 903
-
municipal
40 930
40 930
40 930
-
pensions
546
546
546
-
national
23 485
23 485
23 485
-
labour market
15 352
15 352
15 352
-
total
80 313
80 313
80 313
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
160 225
160 225
160 225
39 624
After tax
-57 225
-57 225
-57 225
63 376
Living cost
45 466
45 466
45 466
45 466
Free-cash
-102 691
-102 691
-102 691
17 910

Estimated living cost  is ₽45466 per week

₽31118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4022
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9627
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5140
-₽12543
₽32716
₽49766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
25 637
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
32 348
Employee
32 856
-
88 728
-
health
3 762
-
10 159
-
pensions
3 700
-
7 352
-
income
4 507
-
17 614
-
total
11 969
-
35 125
-
Employer
32 856
-
88 728
-
accident
549
-
1 482
-
pensions
5 342
-
10 616
-
unemployment
805
-
2 174
-
total
6 696
-
14 272
-
Corporate
63 448
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.

57 103
92 700
-
-
total
57 103
92 700
-
-
Dividends
6 345
10 300
-
-
withholding
1 206
1 957
-
-
total
1 206
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 974
94 657
49 397
32 348
After tax
26 026
8 343
53 603
70 652
Living cost
20 886
20 886
20 886
20 886
Free-cash
5 140
-12 543
32 716
49 766

Estimated living cost  is ₽20886 per week

₽15203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30361
₽31540
₽21772
₽35895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 326
national
-
-
-
11 289
health
-
-
-
1 191
total
-
-
-
30 806
Employee
49 743
-
86 649
-
national
822
-
6 349
-
unemployment
746
-
1 299
-
health
371
-
940
-
municipal
8 147
-
14 142
-
pensions
3 357
-
5 849
-
total
13 443
-
28 579
-
Employer
49 743
-
86 649
-
accident
50
-
86
-
pensions
8 630
-
15 034
-
unemployment
323
-
563
-
health
382
-
667
-
total
9 385
-
16 350
-
Corporate
43 872
103 000
-
-
income
8 774
20 599
-
-
total
8 774
20 599
-
-
Dividends

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

26 323
61 801
-
-
municipal
4 738
11 124
-
-
national
-
3 438
-
-
total
4 738
14 562
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 340
35 161
44 929
30 806
After tax
66 660
67 839
58 071
72 194
Living cost
36 299
36 299
36 299
36 299
Free-cash
30 361
31 540
21 772
35 895

Estimated living cost  is ₽36299 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48312
₽53456
₽49918
₽50564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 297
income
-
-
-
12 622
health
-
-
-
2 627
total
-
-
-
30 546
Employee
72 702
72 702
93 509
-
health
563
1 236
1 590
-
social contributions
2 749
6 034
7 762
-
income
7 916
6 730
12 348
-
total
11 228
14 000
21 700
-
Employer
72 702
72 702
93 509
-
social contributions
2 749
6 034
7 762
-
health
612
1 346
1 730
-
total
3 361
7 380
9 492
-
Corporate
66 521
22 919
-
-
income
8 314
2 865
-
-
total
8 314
2 865
-
-
Dividends
58 207
20 053
-
-
withholding
9 895
3 409
-
-
total
9 895
3 409
-
-
Income
103 000
103 000
103 000
103 000
Total tax
32 798
27 654
31 192
30 546
After tax
70 202
75 346
71 808
72 454
Living cost
21 890
21 890
21 890
21 890
Free-cash
48 312
53 456
49 918
50 564

Estimated living cost  is ₽21890 per week

₽13119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2148
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.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65473
₽70282
₽49606
₽68572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
9 954
pensions
-
-
-
6 014
health
-
-
-
3 422
total
-
-
-
19 417
Employee

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

21 702
-
93 760
-
unemployment
108
-
449
-
health
1 844
-
7 625
-
pensions
3 255
-
13 457
-
income
1 484
-
7 611
-
total
6 691
-
29 142
-
Employer

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

21 702
-
93 760
-
pensions
1 193
-
4 934
-
unemployment
108
-
449
-
health
933
-
3 858
-
total
2 234
-
9 241
-
Corporate
79 065
103 000
-
-
income
7 116
9 271
-
-
total
7 116
9 271
-
-
Dividends
71 949
93 729
-
-
withholding
6 475
8 436
-
-
total
6 475
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 516
17 707
38 383
19 417
After tax
80 484
85 293
64 617
83 583
Living cost
15 011
15 011
15 011
15 011
Free-cash
65 473
70 282
49 606
68 572

Estimated living cost  is ₽15011 per week

₽9577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽38421
₽43381
₽27792
₽30041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
20 670
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
46 960
Employee
34 959
-
78 102
-
unemployment
542
-
1 211
-
other
34
-
79
-
pensions
1 643
-
3 671
-
income
6 740
-
19 350
-
total
8 959
-
24 311
-
Employer
34 959
-
78 102
-
other
280
-
624
-
accident
693
-
1 547
-
pensions
8 250
-
18 432
-
unemployment
1 923
-
4 295
-
total
11 146
-
24 898
-
Corporate
56 895
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.

8 535
15 450
-
-
total
8 535
15 450
-
-
Dividends
48 360
87 550
-
-
withholding
9 940
18 170
-
-
total
9 940
18 170
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 580
33 620
49 209
46 960
After tax
64 420
69 380
53 791
56 040
Living cost
25 999
25 999
25 999
25 999
Free-cash
38 421
43 381
27 792
30 041

Estimated living cost  is ₽25999 per week

₽17549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62181
₽62475
₽63968
₽64098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 844
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
37 105
Employee
2 737
-
101 526
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
529
-
34 776
-
total
939
-
35 760
-
Employer
2 737
-
101 526
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
99 648
103 000
-
-
income
21 922
22 660
-
-
total
21 922
22 660
-
-
Dividends
77 725
80 340
-
-
withholding
15 545
16 068
-
-
total
15 545
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 022
38 728
37 235
37 105
After tax
63 978
64 272
65 765
65 895
Living cost
1 797
1 797
1 797
1 797
Free-cash
62 181
62 475
63 968
64 098

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53449
₽58094
₽39211
₽39210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 046
income
-
-
-
21 100
pensions
-
-
-
18 136
health
-
-
-
7 185
total
-
-
-
47 467
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.

24 614
-
90 514
-
unemployment
185
-
523
-
health
1 268
-
3 592
-
pensions
3 446
-
9 766
-
income
3 393
-
21 100
-
total
8 292
-
34 981
-
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.

24 614
-
90 514
-
pensions
2 954
-
8 370
-
unemployment
185
-
523
-
health
1 268
-
3 592
-
total
4 407
-
12 485
-
Corporate
73 980
103 000
-
-
income
11 097
15 450
-
-
total
11 097
15 450
-
-
Dividends
62 883
87 550
-
-
withholding
9 432
13 133
-
-
total
9 432
13 133
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 228
28 583
47 466
47 467
After tax
69 772
74 417
55 534
55 533
Living cost
16 323
16 323
16 323
16 323
Free-cash
53 449
58 094
39 211
39 210

Estimated living cost  is ₽16323 per week

₽10990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32756
₽33097
₽25941
₽31708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
social contributions

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

-
-
-
35 793
income
-
-
-
10 010
surtax
-
-
-
-
total
-
-
-
45 803
Employee
36 696
-
83 231
-
surtax
-
-
-
-
social contributions
4 037
-
9 156
-
income
7 170
-
22 647
-
total
11 207
-
31 803
-
Employer
36 696
-
83 231
-
social contributions
8 714
-
19 767
-
total
8 714
-
19 767
-
Corporate
57 590
103 000
-
-
income
12 095
21 631
-
-
surtax
-
-
-
-
total
12 095
21 631
-
-
Dividends
45 495
81 369
-
-
withholding
12 739
22 783
-
-
total
12 739
22 783
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 755
44 414
51 570
45 803
After tax
58 245
58 586
51 430
57 197
Living cost
25 489
25 489
25 489
25 489
Free-cash
32 756
33 097
25 941
31 708

Estimated living cost  is ₽25489 per week

₽18053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
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.
₽5214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28940
₽36152
₽20563
₽22812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
614
income
-
-
-
20 670
pensions
-
-
-
24 799
accident
-
-
-
789
total
-
-
-
46 960
Employee
45 662
-
78 102
-
unemployment
707
-
1 211
-
other
45
-
79
-
pensions
2 146
-
3 671
-
income
9 537
-
19 350
-
total
12 435
-
24 311
-
Employer
45 662
-
78 102
-
other
366
-
624
-
accident
904
-
1 547
-
pensions
10 776
-
18 432
-
unemployment
2 512
-
4 295
-
total
14 558
-
24 898
-
Corporate
42 780
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.

6 418
15 450
-
-
total
6 418
15 450
-
-
Dividends
36 362
87 550
-
-
withholding
7 421
18 170
-
-
total
7 421
18 170
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 832
33 620
49 209
46 960
After tax
62 168
69 380
53 791
56 040
Living cost
33 228
33 228
33 228
33 228
Free-cash
28 940
36 152
20 563
22 812

Estimated living cost  is ₽33228 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66037
₽71800
₽65822
₽62467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
15 450
pensions

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

-
-
-
4 888
health
-
-
-
3 798
total
-
-
-
24 268
Employee
21 537
-
96 520
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
health
991
-
1 519
-
pensions

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

1 891
-
2 900
-
income
2 154
-
9 652
-
total
5 273
-
14 434
-
Employer
21 537
-
96 520
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 373
-
3 639
-
unemployment
129
-
198
-
health
1 486
-
2 279
-
total
4 225
-
6 479
-
Corporate
77 238
103 000
-
-
income
7 724
10 300
-
-
total
7 724
10 300
-
-
Dividends
69 514
92 700
-
-
withholding
3 476
4 635
-
-
total
3 476
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 698
14 935
20 913
24 268
After tax
82 302
88 065
82 087
78 732
Living cost
16 265
16 265
16 265
16 265
Free-cash
66 037
71 800
65 822
62 467

Estimated living cost  is ₽16265 per week

₽10757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28980
₽16611
₽35692
₽27220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 472
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.

-
-
-
23 079
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.

-
-
-
6 459
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.

-
-
-
1 268
total
-
-
-
39 278
Employee

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

47 043
-
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.

214
-
1 268
-
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.

6 459
-
6 459
-
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.

3 868
-
23 079
-
total
10 541
-
30 806
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 957
103 000
-
-
trade
8 029
14 781
-
-
income
8 393
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.

461
850
-
-
chamber of commerce
226
294
-
-
total
17 109
31 375
-
-
Dividends
38 848
71 625
-
-
withholding
9 353
17 547
-
-
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.

515
965
-
-
total
9 868
18 512
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 518
49 887
30 806
39 278
After tax
65 482
53 113
72 194
63 722
Living cost
36 502
36 502
36 502
36 502
Free-cash
28 980
16 611
35 692
27 220

Estimated living cost  is ₽36502 per week

₽25180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
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.
₽6865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20330
₽18242
₽14232
₽14232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 337
income
-
-
-
25 573
total
-
-
-
34 910
Employee
73 957
-
103 000
-
social contributions
6 144
-
9 337
-
income
13 955
-
25 573
-
total
20 099
-
34 910
-
Employer
73 957
-
103 000
-
total
-
-
-
-
Corporate
29 043
103 000
-
-
income
3 630
12 875
-
-
total
3 630
12 875
-
-
Dividends
25 414
90 125
-
-
withholding
5 083
18 025
-
-
total
5 083
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 812
30 900
34 910
34 910
After tax
74 188
72 100
68 090
68 090
Living cost
53 858
53 858
53 858
53 858
Free-cash
20 330
18 242
14 232
14 232

Estimated living cost  is ₽53858 per week

₽40974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4389
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7981
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30937
₽27633
₽41456
₽36019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 747
income
-
-
-
26 913
total
-
-
-
32 660
Employee
43 372
-
98 651
-
social contributions
4 346
-
4 349
-
income
4 706
-
18 525
-
total
9 052
-
22 874
-
Employer
43 372
-
98 651
-
social contributions
4 346
-
4 349
-
total
4 346
-
4 349
-
Corporate
55 282
103 000
-
-
income
19 349
36 051
-
-
total
19 349
36 051
-
-
Dividends
35 933
66 949
-
-
social contributions
4 995
4 995
-
-
total
4 995
4 995
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 742
41 046
27 223
32 660
After tax
65 258
61 954
75 777
70 340
Living cost
34 321
34 321
34 321
34 321
Free-cash
30 937
27 633
41 456
36 019

Estimated living cost  is ₽34321 per week

₽22607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37568
₽39516
₽29045
₽38433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 059
pensions
-
-
-
7 127
total
-
-
-
30 186
Employee
47 193
-
90 531
-
health
616
-
1 504
-
pensions
3 602
-
8 802
-
income
8 594
-
16 801
-
total
12 812
-
27 107
-
Employer
47 193
-
90 531
-
pensions
4 768
-
10 747
-
health
897
-
1 720
-
total
5 665
-
12 467
-
Corporate
50 142
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.

9 528
19 570
-
-
total
9 528
19 570
-
-
Dividends
40 614
83 430
-
-
withholding
3 046
9 533
-
-
total
3 046
9 533
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 051
29 103
39 574
30 186
After tax
71 949
73 897
63 426
72 814
Living cost
34 381
34 381
34 381
34 381
Free-cash
37 568
39 516
29 045
38 433

Estimated living cost  is ₽34381 per week

₽23585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4822
-₽14611
₽30649
₽47698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
357
income
-
-
-
25 637
pensions
-
-
-
4 009
accident
-
-
-
243
health
-
-
-
2 102
total
-
-
-
32 348
Employee
36 108
-
88 728
-
health
4 134
-
10 159
-
pensions
4 066
-
7 352
-
income
4 954
-
17 614
-
total
13 154
-
35 125
-
Employer
36 108
-
88 728
-
accident
603
-
1 482
-
pensions
5 871
-
10 616
-
unemployment
885
-
2 174
-
total
7 359
-
14 272
-
Corporate
59 533
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.

53 580
92 700
-
-
total
53 580
92 700
-
-
Dividends
5 953
10 300
-
-
withholding
1 131
1 957
-
-
total
1 131
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 224
94 657
49 397
32 348
After tax
27 776
8 343
53 603
70 652
Living cost
22 954
22 954
22 954
22 954
Free-cash
4 822
-14 611
30 649
47 698

Estimated living cost  is ₽22954 per week

₽16846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽4308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70184
₽73904
₽53421
₽45884
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 236
income
-
-
-
16 021
pensions
-
-
-
18 952
health insurance
-
-
-
7 622
work injury
-
-
-
515
total
-
-
-
44 346
Employee

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

20 432
-
103 000
-
health insurance
1 512
-
5 594
-
unemployment
245
-
907
-
work injury
102
-
378
-
pensions
3 759
-
13 909
-
income
2 043
-
16 021
-
total
7 661
-
36 809
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 568
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
82 568
101 970
-
-
withholding
12 385
15 296
-
-
total
12 385
15 296
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 046
16 326
36 809
44 346
After tax
82 954
86 674
66 191
58 654
Living cost
12 770
12 770
12 770
12 770
Free-cash
70 184
73 904
53 421
45 884

Estimated living cost  is ₽12770 per week

₽7911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽12286
₽16588
₽8838
₽13550
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 134
social contributions
-
-
-
26 491
municipal
-
-
-
689
national
-
-
-
22 471
total
-
-
-
51 785
Employee
79 671
-
103 000
-
national
13 464
-
19 340
-
regional
1 203
-
1 811
-
municipal
475
-
614
-
social contributions
26 865
-
34 732
-
total
42 007
-
56 497
-
Employer
79 671
-
103 000
-
total
-
-
-
-
Corporate
23 329
103 000
-
-
nationa
5 600
24 720
-
-
municipal
1 125
4 965
-
-
total
6 725
29 685
-
-
Dividends
16 604
73 315
-
-
withholding
4 317
19 062
-
-
total
4 317
19 062
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 049
48 747
56 497
51 785
After tax
49 951
54 253
46 503
51 215
Living cost
37 665
37 665
37 665
37 665
Free-cash
12 286
16 588
8 838
13 550

Estimated living cost  is ₽37665 per week

₽26457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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