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
₽34357
₽23791
₽34109
₽43748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
9 391
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.

-
-
-
1 284
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.

-
-
-
23 335
total
-
-
-
40 384
Employee

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

35 684
-
103 000
-
health

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

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

6 374
-
6 374
-
surtax

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

55
-
1 284
-
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.

997
-
23 335
-
total
7 426
-
30 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 316
103 000
-
-
trade
10 602
16 223
-
-
chamber of commerce
239
290
-
-
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.

556
850
-
-
income
10 097
15 449
-
-
total
21 494
32 812
-
-
Dividends
45 822
70 188
-
-
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.

611
945
-
-
withholding
11 101
17 193
-
-
total
11 712
18 138
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 632
50 950
30 993
40 384
After tax
62 368
52 050
72 007
62 616
Living cost
28 259
28 259
28 259
28 259
Free-cash
34 109
23 791
43 748
34 357

Estimated living cost  is ₽28259 per week

₽17776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3295
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12917
₽15206
₽14390
₽13726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 806
social contributions
-
-
-
1 107
national
-
-
-
16 744
pensions
-
-
-
12 360
total
-
-
-
41 017
Employee
76 061
-
89 043
-
pensions
3 042
-
3 562
-
national
14 558
-
17 362
-
municipal
9 395
-
11 204
-
total
26 995
-
32 128
-
Employer
76 061
-
89 043
-
pensions
6 085
-
7 123
-
social contributions
818
-
957
-
total
6 903
-
8 080
-
Corporate
15 016
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%.

3 003
20 600
-
-
total
3 003
20 600
-
-
Dividends
12 013
82 400
-
-
withholding
2 643
18 128
-
-
total
2 643
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 544
38 728
40 208
41 017
After tax
63 456
64 272
62 792
61 983
Living cost
49 066
49 066
49 066
49 066
Free-cash
14 390
15 206
13 726
12 917

Estimated living cost  is ₽49066 per week

₽33350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35463
₽62990
₽55336
₽38535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 115
income
-
-
-
15 012
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
48 127
Employee
27 262
-
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.

2 999
-
9 130
-
income
4 853
-
15 929
-
total
7 852
-
25 059
-
Employer
27 262
-
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.

6 567
-
19 996
-
total
6 567
-
19 996
-
Corporate
69 171
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%.

13 835
20 600
-
-
total
13 835
20 600
-
-
Dividends

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

55 337
82 400
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 254
20 600
45 055
48 127
After tax
74 746
82 400
57 945
54 873
Living cost
19 410
19 410
19 410
19 410
Free-cash
55 336
62 990
38 535
35 463

Estimated living cost  is ₽19410 per week

₽12383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19552
₽10998
₽5281
₽13740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
21 929
total
-
-
-
44 365
Employee
79 672
79 672
87 652
-
health
12 229
10 402
10 857
-
pensions
14 341
10 931
10 931
-
income

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

13 041
13 041
13 041
-
total
39 611
34 374
34 829
-
Employer
79 672
79 672
87 652
-
health
5 538
5 538
6 092
-
pensions
5 545
5 545
6 101
-
unemployment
2 868
2 868
3 155
-
total
13 951
13 951
15 348
-
Corporate
10 354
9 377
-
-
income
2 071
1 875
-
-
total
2 071
1 875
-
-
Dividends
8 283
7 502
-
-
income
1 760
1 593
-
-
withholding
1 243
1 126
-
-
total
3 003
2 719
-
-
Income
103 000
103 000
103 000
103 000
Total tax
58 636
52 919
50 177
44 365
After tax
44 364
50 081
52 823
58 635
Living cost
39 083
39 083
39 083
39 083
Free-cash
5 281
10 998
13 740
19 552

Estimated living cost  is ₽39083 per week

₽27697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15874
₽17215
₽16340
₽15981
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 337
accident
-
-
-
171
other
-
-
-
9 938
municipal
-
-
-
23 326
pensions
-
-
-
9 245
national
-
-
-
-
unemployment
-
-
-
86
total
-
-
-
48 103
Employee
55 604
-
78 374
-
national
-
-
-
-
municipal
16 581
-
23 371
-
total
16 581
-
23 371
-
Employer
55 604
-
78 374
-
health
3 420
-
4 820
-
accident
111
-
157
-
pensions
6 011
-
8 472
-
other
6 461
-
9 107
-
unemployment
1 468
-
2 069
-
total
17 471
-
24 625
-
Corporate
29 925
103 000
-
-
income
6 583
22 660
-
-
total
6 583
22 660
-
-
Dividends
23 341
80 340
-
-
withholding
7 002
24 102
-
-
total
7 002
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 637
46 762
47 996
48 103
After tax
55 363
56 238
55 004
54 897
Living cost
39 023
39 023
39 023
39 023
Free-cash
16 340
17 215
15 981
15 874

Estimated living cost  is ₽39023 per week

₽25863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3829
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.
₽8738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25548
₽14869
₽27979
₽35356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
9 808
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.

-
-
-
1 284
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.

-
-
-
23 335
total
-
-
-
40 801
Employee

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

47 313
-
103 000
-
health

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

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

6 374
-
6 374
-
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.

223
-
1 284
-
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.

4 065
-
23 335
-
total
10 662
-
30 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 687
103 000
-
-
trade
9 160
16 944
-
-
chamber of commerce
221
289
-
-
surtax

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

459
850
-
-
income
8 353
15 449
-
-
total
18 193
33 532
-
-
Dividends
37 494
69 469
-
-
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.

496
935
-
-
withholding
9 019
17 013
-
-
total
9 515
17 948
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 370
51 480
30 993
40 801
After tax
64 630
51 520
72 007
62 199
Living cost
36 651
36 651
36 651
36 651
Free-cash
27 979
14 869
35 356
25 548

Estimated living cost  is ₽36651 per week

₽24512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
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.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42164
₽45079
₽41210
₽41378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 626
social contributions
-
-
-
15 095
income
-
-
-
12 854
total
-
-
-
30 575
Employee
71 741
71 741
93 508
-
health
714
1 220
1 590
-
social contributions
3 486
5 954
7 762
-
income
7 533
6 641
12 517
-
total
11 733
13 815
21 869
-
Employer
71 741
71 741
93 508
-
health
777
1 328
1 730
-
social contributions
3 486
5 954
7 762
-
total
4 263
7 282
9 492
-
Corporate
56 743
23 977
-
-
income
7 093
2 997
-
-
total
7 093
2 997
-
-
Dividends
49 650
20 980
-
-
withholding
8 440
3 566
-
-
total
8 440
3 566
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 529
27 660
31 361
30 575
After tax
71 471
75 340
71 639
72 425
Living cost
30 261
30 261
30 261
30 261
Free-cash
41 210
45 079
41 378
42 164

Estimated living cost  is ₽30261 per week

₽20686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54281
₽40919
₽41274
₽42638
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 643
9 808
86 192
-
health
1 725
687
6 033
-
pensions
2 464
981
8 619
-
unemployment
370
147
1 293
-
income
3 013
1 199
10 537
-
total
7 572
3 014
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.

24 643
9 808
86 192
-
pensions
4 805
1 912
16 808
-
total
4 805
1 912
16 808
-
Corporate
73 551
91 280
-
-
income
6 620
8 215
-
-
total
6 620
8 215
-
-
Dividends
66 932
83 065
-
-
social contributions
12 940
16 086
-
-
withholding
12 717
15 782
-
-
total
25 657
31 868
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 654
45 009
43 290
31 647
After tax
58 346
57 991
59 710
71 353
Living cost
17 072
17 072
17 072
17 072
Free-cash
41 274
40 919
42 638
54 281

Estimated living cost  is ₽17072 per week

₽11650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽341
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32672
₽59865
₽54069
₽36832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 390
pensions
-
-
-
20 600
income
-
-
-
13 803
total
-
-
-
47 793
Employee
26 467
-
76 981
-
pensions
529
-
1 540
-
unemployment
423
-
1 232
-
income
2 980
-
14 842
-
total
3 932
-
17 614
-
Employer
26 467
-
76 981
-
health
3 440
-
10 007
-
pensions
5 294
-
15 396
-
unemployment
212
-
616
-
total
8 946
-
26 019
-
Corporate
67 587
103 000
-
-
income
13 518
20 600
-
-
total
13 518
20 600
-
-
Dividends
54 069
82 400
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 396
20 600
43 633
47 793
After tax
76 604
82 400
59 367
55 207
Living cost
22 535
22 535
22 535
22 535
Free-cash
54 069
59 865
36 832
32 672

Estimated living cost  is ₽22535 per week

₽15456
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49936
-₽12358
₽5167
₽33041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
25 809
total
-
-
-
32 363
Employee
32 564
-
88 968
-
health
3 729
-
10 187
-
pensions
3 667
-
7 179
-
income
4 468
-
17 859
-
total
11 864
-
35 225
-
Employer
32 564
-
88 968
-
accident
544
-
1 486
-
pensions
5 295
-
10 367
-
unemployment
798
-
2 180
-
total
6 637
-
14 033
-
Corporate
63 799
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.

57 419
92 700
-
-
total
57 419
92 700
-
-
Dividends
6 380
10 300
-
-
withholding
1 212
1 957
-
-
total
1 212
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
77 132
94 657
49 258
32 363
After tax
25 868
8 343
53 742
70 637
Living cost
20 701
20 701
20 701
20 701
Free-cash
5 167
-12 358
33 041
49 936

Estimated living cost  is ₽20701 per week

₽15172
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3950
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94226
₽90106
₽88654
₽74656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 679
-
103 000
-
income
1 936
-
20 600
-
total
1 936
-
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%.

93 321
103 000
-
-
total
-
-
-
-
Dividends
93 321
103 000
-
-
withholding
4 666
5 150
-
-
total
4 666
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 602
5 150
20 600
1 030
After tax
96 398
97 850
82 400
101 970
Living cost
7 744
7 744
7 744
7 744
Free-cash
88 654
90 106
74 656
94 226

Estimated living cost  is ₽7744 per week

₽4799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽213
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30729
₽50814
₽44516
₽34988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 532
other
-
-
-
4 892
pensions

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

-
-
-
24 721
income
-
-
-
13 266
total
-
-
-
47 411
Employee
33 875
-
82 268
-
health
474
-
1 153
-
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.

2 371
-
5 759
-
unemployment
338
-
823
-
income
5 832
-
14 684
-
total
9 015
-
22 419
-
Employer
33 875
-
82 268
-
health
474
-
1 153
-
accident
271
-
659
-
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.

5 759
-
13 985
-
other
1 694
-
4 113
-
unemployment
338
-
823
-
total
8 536
-
20 733
-
Corporate
60 588
103 000
-
-
income
12 723
21 630
-
-
total
12 723
21 630
-
-
Dividends
47 865
81 370
-
-
withholding
3 350
5 696
-
-
total
3 350
5 696
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 624
27 326
43 152
47 411
After tax
69 376
75 674
59 848
55 589
Living cost
24 860
24 860
24 860
24 860
Free-cash
44 516
50 814
34 988
30 729

Estimated living cost  is ₽24860 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10671
₽11781
₽2201
₽1308
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 151
income
-
-
-
22 979
total
-
-
-
30 130
Employee
88 002
-
90 539
-
health
1 450
-
1 501
-
pensions
8 490
-
8 795
-
income
15 863
-
16 736
-
total
25 803
-
27 032
-
Employer
88 002
-
90 539
-
health
1 671
-
1 720
-
pensions
10 391
-
10 741
-
total
12 062
-
12 461
-
Corporate
2 936
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.

557
19 571
-
-
total
557
19 571
-
-
Dividends
2 379
83 429
-
-
withholding
178
9 449
-
-
total
178
9 449
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 600
29 020
39 493
30 130
After tax
64 400
73 980
63 507
72 870
Living cost
62 199
62 199
62 199
62 199
Free-cash
2 201
11 781
1 308
10 671

Estimated living cost  is ₽62199 per week

₽46607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66610
₽75829
₽71495
₽69987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
15 450
total
-
-
-
24 154
Employee
16 202
-
96 604
-
health
745
-
1 500
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 423
-
2 862
-
income
1 620
-
9 660
-
total
3 966
-
14 381
-
Employer
16 202
-
96 604
-
health
1 118
-
2 249
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 786
-
3 592
-
unemployment
97
-
196
-
total
3 179
-
6 396
-
Corporate
83 618
103 000
-
-
income
8 362
10 300
-
-
total
8 362
10 300
-
-
Dividends
75 257
92 700
-
-
withholding
3 762
4 635
-
-
total
3 762
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 269
14 935
20 777
24 154
After tax
83 731
88 065
82 223
78 846
Living cost
12 236
12 236
12 236
12 236
Free-cash
71 495
75 829
69 987
66 610

Estimated living cost  is ₽12236 per week

₽7144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6901
-₽1653
₽694
₽1089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 505
pensions
-
-
-
10 931
income
-
-
-
21 929
total
-
-
-
44 365
Employee
86 498
79 672
87 652
-
health
10 791
10 402
10 857
-
pensions
10 931
10 931
10 931
-
income

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

13 041
13 041
13 041
-
total
34 763
34 374
34 829
-
Employer
86 498
79 672
87 652
-
health
6 011
5 538
6 092
-
pensions
6 020
5 545
6 101
-
unemployment
3 114
2 868
3 155
-
total
15 145
13 951
15 348
-
Corporate
1 357
9 377
-
-
income
271
1 875
-
-
total
271
1 875
-
-
Dividends
1 086
7 502
-
-
income
230
1 593
-
-
withholding
163
1 126
-
-
total
393
2 719
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 572
52 919
50 177
44 365
After tax
52 428
50 081
52 823
58 635
Living cost
51 734
51 734
51 734
51 734
Free-cash
694
-1 653
1 089
6 901

Estimated living cost  is ₽51734 per week

₽38163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4621
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27110
₽47860
₽39633
₽29213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 905
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
income
-
-
-
8 853
total
-
-
-
52 834
Employee
33 906
-
76 866
-
health
4 577
-
10 377
-
solidarity contribution
-
-
-
-
social contributions
2 204
-
4 996
-
income
4 069
-
9 224
-
total
10 850
-
24 597
-
Employer
33 906
-
76 866
-
health
3 052
-
6 918
-
social contributions
8 477
-
19 216
-
total
11 529
-
26 134
-
Corporate
57 566
103 000
-
-
income
10 938
19 570
-
-
total
10 938
19 570
-
-
Dividends
46 628
83 430
-
-
withholding
6 994
12 514
-
-
total
6 994
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 311
32 084
50 731
52 834
After tax
62 689
70 916
52 269
50 166
Living cost
23 056
23 056
23 056
23 056
Free-cash
39 633
47 860
29 213
27 110

Estimated living cost  is ₽23056 per week

₽16015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12815
₽15587
₽10717
₽7914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 154
municipal
-
-
-
613
social contributions
-
-
-
26 492
national
-
-
-
22 558
total
-
-
-
50 817
Employee
82 916
-
103 000
-
regional
782
-
1 013
-
national
14 367
-
19 428
-
social contributions
27 959
-
34 732
-
municipal
439
-
545
-
total
43 547
-
55 718
-
Employer
82 916
-
103 000
-
total
-
-
-
-
Corporate
20 084
103 000
-
-
nationa
4 819
24 719
-
-
municipal
783
4 017
-
-
total
5 602
28 736
-
-
Dividends
14 482
74 263
-
-
withholding
3 766
19 309
-
-
total
3 766
19 309
-
-
Income
103 000
103 000
103 000
103 000
Total tax
52 915
48 045
55 718
50 817
After tax
50 085
54 955
47 282
52 183
Living cost
39 368
39 368
39 368
39 368
Free-cash
10 717
15 587
7 914
12 815

Estimated living cost  is ₽39368 per week

₽27442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31045
₽44199
₽41297
₽29359
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 312
other
-
-
-
-
pensions
-
-
-
20 600
unemployment
-
-
-
212
income
-
-
-
20 592
surtax
-
-
-
2 652
total
-
-
-
51 368
Employee
30 853
-
85 088
-
health
788
-
2 169
-
pensions
2 057
-
5 676
-
unemployment
2 148
-
5 922
-
surtax
101
-
2 385
-
income
5 172
-
18 992
-
other
-
-
-
-
total
10 266
-
35 144
-
Employer
30 853
-
85 088
-
health
1 404
-
3 872
-
pensions
4 113
-
11 342
-
other
-
-
-
-
unemployment
977
-
2 696
-
total
6 494
-
17 910
-
Corporate
65 653
103 000
-
-
income
17 069
26 780
-
-
total
17 069
26 780
-
-
Dividends
48 584
76 220
-
-
withholding
7 287
11 434
-
-
total
7 287
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 116
38 214
53 054
51 368
After tax
61 884
64 786
49 946
51 632
Living cost
20 587
20 587
20 587
20 587
Free-cash
41 297
44 199
29 359
31 045

Estimated living cost  is ₽20587 per week

₽12588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5625
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30377
₽31487
₽27362
₽21014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 151
income
-
-
-
22 979
total
-
-
-
30 130
Employee
58 977
-
90 539
-
health
856
-
1 501
-
pensions
5 006
-
8 795
-
income
10 622
-
16 736
-
total
16 484
-
27 032
-
Employer
58 977
-
90 539
-
health
1 120
-
1 720
-
pensions
6 384
-
10 741
-
total
7 504
-
12 461
-
Corporate
36 519
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.

6 939
19 571
-
-
total
6 939
19 571
-
-
Dividends
29 579
83 429
-
-
withholding
2 218
9 449
-
-
total
2 218
9 449
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 145
29 020
39 493
30 130
After tax
69 855
73 980
63 507
72 870
Living cost
42 493
42 493
42 493
42 493
Free-cash
27 362
31 487
21 014
30 377

Estimated living cost  is ₽42493 per week

₽31835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9558
-₽29160
₽3469
₽4440
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
249
city
-
-
-
1 085
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.

-
-
-
2 060
regional
-
-
-
3 618
pensions
-
-
-
9 476
national
-
-
-
695
total
-
-
-
17 183
Employee
89 243
-
92 192
-
health
202
-
208
-
regional
2 922
-
3 083
-
pensions
7 498
-
7 742
-
unemployment
-
-
-
-
national
422
-
484
-
city
958
-
991
-
total
12 002
-
12 508
-
Employer
89 243
-
92 192
-
health
202
-
208
-
pensions
7 498
-
7 742
-
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.

1 784
-
1 843
-
unemployment
-
-
-
-
total
9 484
-
9 793
-
Corporate
3 292
103 000
-
-
national
280
8 755
-
-
regional
695
21 784
-
-
total
975
30 539
-
-
Dividends
2 317
72 461
-
-
withholding
811
25 362
-
-
total
811
25 362
-
-
Income
103 000
103 000
103 000
103 000
Total tax
23 272
55 901
22 301
17 183
After tax
79 728
47 099
80 699
85 817
Living cost
76 259
76 259
76 259
76 259
Free-cash
3 469
-29 160
4 440
9 558

Estimated living cost  is ₽76259 per week

₽49590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19042
₽8250
₽23379
₽29267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
10 225
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.

-
-
-
1 284
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.

-
-
-
23 335
total
-
-
-
41 218
Employee

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

56 070
-
103 000
-
health

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

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

6 374
-
6 374
-
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.

363
-
1 284
-
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.

6 593
-
23 335
-
total
13 330
-
30 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 930
103 000
-
-
trade
8 049
17 664
-
-
chamber of commerce
207
287
-
-
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.

388
850
-
-
income
7 039
15 449
-
-
total
15 683
34 250
-
-
Dividends
31 247
68 750
-
-
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.

411
926
-
-
withholding
7 457
16 834
-
-
total
7 868
17 760
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 881
52 010
30 993
41 218
After tax
66 119
50 990
72 007
61 782
Living cost
42 740
42 740
42 740
42 740
Free-cash
23 379
8 250
29 267
19 042

Estimated living cost  is ₽42740 per week

₽31215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3419
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27117
₽19992
₽25505
₽31464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 440
other
-
-
-
3 192
pensions
-
-
-
24 212
social contributions
-
-
-
2 935
income
-
-
-
11 184
surtax
-
-
-
-
total
-
-
-
43 963
Employee
39 930
-
83 054
-
pensions
4 515
-
4 309
-
surtax
-
-
-
-
social contributions
1 138
-
2 365
-
income
2 357
-
13 000
-
total
8 010
-
19 674
-
Employer
39 930
-
83 054
-
health
2 796
-
5 948
-
pensions
6 560
-
7 515
-
other
1 377
-
2 865
-
social contributions
120
-
250
-
unemployment
1 616
-
3 364
-
total
12 469
-
19 942
-
Corporate
50 601
103 000
-
-
surtax
-
-
-
-
income
14 167
28 839
-
-
total
14 167
28 839
-
-
Dividends
36 433
74 161
-
-
social contributions
6 266
12 756
-
-
surtax
-
-
-
-
withholding
4 663
9 493
-
-
total
10 929
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 575
51 088
39 616
43 963
After tax
57 425
51 912
63 384
59 037
Living cost
31 920
31 920
31 920
31 920
Free-cash
25 505
19 992
31 464
27 117

Estimated living cost  is ₽31920 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
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.
₽8656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30280
₽23155
₽28339
₽34627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 440
other
-
-
-
3 192
pensions
-
-
-
24 212
social contributions
-
-
-
2 935
income
-
-
-
11 184
surtax
-
-
-
-
total
-
-
-
43 963
Employee
35 643
-
83 054
-
pensions
4 031
-
4 309
-
surtax
-
-
-
-
social contributions
1 016
-
2 365
-
income
1 838
-
13 000
-
total
6 885
-
19 674
-
Employer
35 643
-
83 054
-
health
2 495
-
5 948
-
pensions
5 857
-
7 515
-
other
1 230
-
2 865
-
social contributions
106
-
250
-
unemployment
1 443
-
3 364
-
total
11 131
-
19 942
-
Corporate
56 226
103 000
-
-
surtax
-
-
-
-
income
15 743
28 839
-
-
total
15 743
28 839
-
-
Dividends
40 483
74 161
-
-
social contributions
6 963
12 756
-
-
surtax
-
-
-
-
withholding
5 182
9 493
-
-
total
12 145
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 904
51 088
39 616
43 963
After tax
57 096
51 912
63 384
59 037
Living cost
28 757
28 757
28 757
28 757
Free-cash
28 339
23 155
34 627
30 280

Estimated living cost  is ₽28757 per week

₽16678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46365
₽43056
₽43539
₽46043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 190
social contributions
-
-
-
14 213
income
-
-
-
15 449
total
-
-
-
36 852
Employee
31 633
-
103 000
-
health
2 208
-
7 190
-
social contributions
4 366
-
14 213
-
income
5 276
-
15 771
-
total
11 850
-
37 174
-
Employer
31 633
-
103 000
-
total
-
-
-
-
Corporate
71 367
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%.

3 568
5 150
-
-
total
3 568
5 150
-
-
Dividends
67 799
97 850
-
-
social contributions
9 357
13 503
-
-
health
4 733
6 831
-
-
withholding
10 170
14 677
-
-
total
24 260
35 011
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 678
40 161
37 174
36 852
After tax
63 322
62 839
65 826
66 148
Living cost
19 783
19 783
19 783
19 783
Free-cash
43 539
43 056
46 043
46 365

Estimated living cost  is ₽19783 per week

₽13240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4867
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18482
₽24702
₽23256
-₽2872
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 879
pensions
-
-
-
19 056
unemployment
-
-
-
5 722
income
-
-
-
18 390
chamber of commerce
-
-
-
413
surtax
-
-
-
184
total
-
-
-
51 644
Employee
46 626
37 180
79 839
-
health
1 804
1 439
3 089
-
pensions
4 775
3 807
8 176
-
unemployment
1 399
1 115
2 395
-
income
5 308
2 742
16 304
-
other
466
372
798
-
total
13 752
9 475
30 762
-
Employer
46 626
37 180
79 839
-
payroll
1 399
1 115
2 395
-
health
1 762
1 406
3 019
-
surtax
184
184
184
-
accident
606
483
1 038
-
pensions
5 851
4 667
10 019
-
chamber of commerce
186
149
319
-
other
2 215
1 765
3 792
-
unemployment
1 399
1 115
2 395
-
total
13 602
10 884
23 161
-
Corporate
42 774
54 935
76 298
-
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.

10 694
13 734
19 075
-
total
10 694
13 734
19 075
-
Dividends
32 080
41 201
-
-
withholding
8 822
11 331
-
-
total
8 822
11 331
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 870
45 424
72 998
51 644
After tax
56 130
57 576
30 002
51 356
Living cost
32 874
32 874
32 874
32 874
Free-cash
23 256
24 702
-2 872
18 482

Estimated living cost  is ₽32874 per week

₽21926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
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.
₽7604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13176
₽23714
₽9722
₽5554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 591
national
-
-
-
34 032
communal

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

-
-
-
5 184
total
-
-
-
55 807
Employee

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

66 736
-
79 777
-
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.

3 136
-
3 750
-
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.

5 005
-
5 982
-
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.

581
-
694
-
national
20 517
-
25 618
-
communal

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

3 481
-
4 161
-
total
32 720
-
40 205
-
Employer

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

66 736
-
79 777
-
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.

4 104
-
4 906
-
surtax
7 567
-
9 047
-
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.

868
-
1 038
-
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.

5 913
-
7 068
-
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.

974
-
1 165
-
total
19 426
-
23 224
-
Corporate
16 838
103 000
-
-
surtax
67
413
-
-
income
3 367
20 600
-
-
total
3 434
21 013
-
-
Dividends
13 404
81 988
-
-
withholding

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

3 681
24 256
-
-
total
3 681
24 256
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 261
45 269
63 429
55 807
After tax
43 739
57 731
39 571
47 193
Living cost
34 017
34 017
34 017
34 017
Free-cash
9 722
23 714
5 554
13 176

Estimated living cost  is ₽34017 per week

₽21911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22462
₽35684
₽28250
₽19997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
20 901
total
-
-
-
46 845
Employee
46 441
-
78 102
-
pensions
2 183
-
3 670
-
unemployment
721
-
1 211
-
other
46
-
78
-
income
9 799
-
19 453
-
total
12 749
-
24 412
-
Employer
46 441
-
78 102
-
accident
919
-
1 546
-
pensions
10 959
-
18 432
-
other
370
-
625
-
unemployment
2 555
-
4 295
-
total
14 803
-
24 898
-
Corporate
41 756
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.

6 264
15 449
-
-
total
6 264
15 449
-
-
Dividends
35 492
87 551
-
-
withholding
7 241
18 174
-
-
total
7 241
18 174
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 057
33 623
49 310
46 845
After tax
61 943
69 377
53 690
56 155
Living cost
33 693
33 693
33 693
33 693
Free-cash
28 250
35 684
19 997
22 462

Estimated living cost  is ₽33693 per week

₽24812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6882
₽11994
₽5164
₽11190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 236
accident
-
-
-
868
pensions
-
-
-
15 439
communal
-
-
-
6 510
income
-
-
-
10 258
surtax
-
-
-
5 106
total
-
-
-
45 417
Employee
70 653
-
92 005
-
health
3 144
-
4 095
-
pensions
5 651
-
7 360
-
surtax
4 331
-
5 639
-
income
6 824
-
13 020
-
total
19 950
-
30 114
-
Employer
70 653
-
92 005
-
health
2 155
-
2 806
-
accident
636
-
829
-
pensions
5 651
-
7 360
-
total
8 442
-
10 995
-
Corporate
23 905
103 000
-
-
communal
-
6 953
-
-
surtax
251
1 082
-
-
income
3 585
15 449
-
-
total
3 836
23 484
-
-
Dividends
20 069
79 516
-
-
income
11 897
4 893
-
-
withholding
3 010
11 928
-
-
total
14 907
16 821
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 135
40 305
41 109
45 417
After tax
55 865
62 695
61 891
57 583
Living cost
50 701
50 701
50 701
50 701
Free-cash
5 164
11 994
11 190
6 882

Estimated living cost  is ₽50701 per week

₽38034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30676
₽43830
₽40864
₽28990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 312
other
-
-
-
-
pensions
-
-
-
20 600
unemployment
-
-
-
212
income
-
-
-
20 592
surtax
-
-
-
2 652
total
-
-
-
51 368
Employee
31 419
-
85 088
-
health
802
-
2 169
-
pensions
2 096
-
5 676
-
unemployment
2 187
-
5 922
-
surtax
112
-
2 385
-
income
5 267
-
18 992
-
other
-
-
-
-
total
10 464
-
35 144
-
Employer
31 419
-
85 088
-
health
1 429
-
3 872
-
pensions
4 189
-
11 342
-
other
-
-
-
-
unemployment
997
-
2 696
-
total
6 615
-
17 910
-
Corporate
64 966
103 000
-
-
income
16 890
26 780
-
-
total
16 890
26 780
-
-
Dividends
48 076
76 220
-
-
withholding
7 211
11 434
-
-
total
7 211
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 180
38 214
53 054
51 368
After tax
61 820
64 786
49 946
51 632
Living cost
20 956
20 956
20 956
20 956
Free-cash
40 864
43 830
28 990
30 676

Estimated living cost  is ₽20956 per week

₽12652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26652
₽29009
₽26935
₽21778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
613
social contributions
-
-
-
26 492
national
-
-
-
22 558
total
-
-
-
51 216
Employee
51 753
-
103 000
-
regional
697
-
1 385
-
national
8 199
-
19 428
-
social contributions
17 452
-
34 732
-
municipal
274
-
545
-
total
26 622
-
56 090
-
Employer
51 753
-
103 000
-
total
-
-
-
-
Corporate
51 247
103 000
-
-
nationa
12 300
24 719
-
-
municipal
2 548
5 118
-
-
total
14 848
29 837
-
-
Dividends
36 400
73 162
-
-
withholding
9 463
19 022
-
-
total
9 463
19 022
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 933
48 859
56 090
51 216
After tax
52 067
54 141
46 910
51 784
Living cost
25 132
25 132
25 132
25 132
Free-cash
26 935
29 009
21 778
26 652

Estimated living cost  is ₽25132 per week

₽15630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
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.
₽6526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21755
₽42505
₽32369
₽23858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 905
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
income
-
-
-
8 853
total
-
-
-
52 834
Employee
41 781
-
76 866
-
health
5 640
-
10 377
-
solidarity contribution
-
-
-
-
social contributions
2 716
-
4 996
-
income
5 014
-
9 224
-
total
13 370
-
24 597
-
Employer
41 781
-
76 866
-
health
3 760
-
6 918
-
social contributions
10 445
-
19 216
-
total
14 205
-
26 134
-
Corporate
47 013
103 000
-
-
income
8 933
19 570
-
-
total
8 933
19 570
-
-
Dividends
38 081
83 430
-
-
withholding
5 712
12 514
-
-
total
5 712
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 220
32 084
50 731
52 834
After tax
60 780
70 916
52 269
50 166
Living cost
28 411
28 411
28 411
28 411
Free-cash
32 369
42 505
23 858
21 755

Estimated living cost  is ₽28411 per week

₽21128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1574
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.
₽5217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21775
₽27912
₽27450
₽267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 879
pensions
-
-
-
19 056
unemployment
-
-
-
5 722
income
-
-
-
18 390
chamber of commerce
-
-
-
413
surtax
-
-
-
-
total
-
-
-
51 460
Employee
40 783
37 180
79 982
-
health
1 578
1 439
3 095
-
pensions
4 177
3 807
8 190
-
unemployment
1 223
1 115
2 399
-
income
3 633
2 742
16 356
-
other
407
372
800
-
total
11 018
9 475
30 840
-
Employer
40 783
37 180
79 982
-
payroll
1 223
1 115
2 399
-
health
1 542
1 406
3 024
-
surtax
-
-
-
-
accident
529
483
1 039
-
pensions
5 118
4 667
10 037
-
chamber of commerce
163
149
320
-
other
1 937
1 765
3 799
-
unemployment
1 223
1 115
2 399
-
total
11 735
10 700
23 017
-
Corporate
50 481
55 119
76 441
-
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.

12 620
13 780
19 111
-
total
12 620
13 780
19 111
-
Dividends
37 861
41 339
-
-
withholding
10 412
11 368
-
-
total
10 412
11 368
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 785
45 323
72 968
51 460
After tax
57 215
57 677
30 032
51 540
Living cost
29 765
29 765
29 765
29 765
Free-cash
27 450
27 912
267
21 775

Estimated living cost  is ₽29765 per week

₽17855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89903
₽85783
₽83520
₽70333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
15 084
-
103 000
-
income
3 017
-
20 600
-
total
3 017
-
20 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

87 916
103 000
-
-
total
-
-
-
-
Dividends
87 916
103 000
-
-
withholding
4 396
5 150
-
-
total
4 396
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 413
5 150
20 600
1 030
After tax
95 587
97 850
82 400
101 970
Living cost
12 067
12 067
12 067
12 067
Free-cash
83 520
85 783
70 333
89 903

Estimated living cost  is ₽12067 per week

₽8166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽507
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.
₽2990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27842
₽45893
₽38087
₽24888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 134
pensions
-
-
-
18 810
unemployment
-
-
-
154
income
-
-
-
21 036
total
-
-
-
50 134
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.

41 256
-
89 125
-
health
2 665
-
5 758
-
pensions
6 395
-
13 815
-
unemployment
58
-
124
-
income
7 115
-
19 515
-
total
16 233
-
39 212
-
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.

41 256
-
89 125
-
health
2 748
-
5 935
-
pensions
3 651
-
7 888
-
unemployment
25
-
53
-
total
6 424
-
13 876
-
Corporate
55 321
103 000
-
-
income
10 511
19 569
-
-
total
10 511
19 569
-
-
Dividends
44 809
83 431
-
-
withholding
6 721
12 514
-
-
total
6 721
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 889
32 083
53 088
50 134
After tax
63 111
70 917
49 912
52 866
Living cost
25 024
25 024
25 024
25 024
Free-cash
38 087
45 893
24 888
27 842

Estimated living cost  is ₽25024 per week

₽17174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5763
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28685
₽20169
-₽43850
₽47548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 933
-
-
-
social contributions
4 997
-
712
-
income
13 441
-
-
-
total
18 438
-
712
-
Employer
60 933
-
-
-
social contributions
85 916
-
12 244
-
total
85 916
-
12 244
-
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
104 354
40 335
12 956
31 819
After tax
-1 354
62 665
90 044
71 181
Living cost
42 496
42 496
42 496
42 496
Free-cash
-43 850
20 169
47 548
28 685

Estimated living cost  is ₽42496 per week

₽27573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27875
₽29322
₽28384
₽22025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 792
income
-
-
-
10 069
surtax
-
-
-
-
total
-
-
-
45 861
Employee
42 909
-
83 233
-
surtax
-
-
-
-
social contributions
4 720
-
9 155
-
income
8 925
-
22 789
-
total
13 645
-
31 944
-
Employer
42 909
-
83 233
-
social contributions
10 191
-
19 767
-
total
10 191
-
19 767
-
Corporate
49 900
103 000
-
-
surtax
-
-
-
-
income
10 479
21 630
-
-
total
10 479
21 630
-
-
Dividends
39 420
81 370
-
-
withholding
11 037
22 784
-
-
total
11 037
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 352
44 414
51 711
45 861
After tax
57 648
58 586
51 289
57 139
Living cost
29 264
29 264
29 264
29 264
Free-cash
28 384
29 322
22 025
27 875

Estimated living cost  is ₽29264 per week

₽21896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽13976
₽6851
₽13262
₽18323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 440
other
-
-
-
3 192
pensions
-
-
-
24 212
social contributions
-
-
-
2 935
income
-
-
-
11 184
surtax
-
-
-
-
total
-
-
-
43 963
Employee
58 434
-
83 054
-
pensions
6 609
-
4 309
-
surtax
-
-
-
-
social contributions
1 664
-
2 365
-
income
5 098
-
13 000
-
total
13 371
-
19 674
-
Employer
58 434
-
83 054
-
health
4 090
-
5 948
-
pensions
9 601
-
7 515
-
other
2 017
-
2 865
-
social contributions
175
-
250
-
unemployment
2 367
-
3 364
-
total
18 250
-
19 942
-
Corporate
26 316
103 000
-
-
surtax
-
-
-
-
income
7 369
28 839
-
-
total
7 369
28 839
-
-
Dividends
18 948
74 161
-
-
social contributions
3 261
12 756
-
-
surtax
-
-
-
-
withholding
2 426
9 493
-
-
total
5 687
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 677
51 088
39 616
43 963
After tax
58 323
51 912
63 384
59 037
Living cost
45 061
45 061
45 061
45 061
Free-cash
13 262
6 851
18 323
13 976

Estimated living cost  is ₽45061 per week

₽30497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49926
₽64654
₽61521
₽52663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 369
social contributions
-
-
-
22 660
total
-
-
-
25 029
Employee
29 994
-
89 178
-
social contributions
1 949
-
5 797
-
income
-
-
2 673
-
total
1 949
-
8 470
-
Employer
29 994
-
89 178
-
social contributions
4 649
-
13 822
-
total
4 649
-
13 822
-
Corporate
68 357
103 000
-
-
income
6 836
10 301
-
-
total
6 836
10 301
-
-
Dividends
61 521
92 699
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 434
10 301
22 292
25 029
After tax
89 566
92 699
80 708
77 971
Living cost
28 045
28 045
28 045
28 045
Free-cash
61 521
64 654
52 663
49 926

Estimated living cost  is ₽28045 per week

₽18133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2114
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18441
-₽99950
-₽99950
-₽99950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 642
labour market
-
-
-
8 175
national
-
-
-
11 074
pensions
-
-
-
807
total
-
-
-
39 698
Employee
189 346
189 346
189 346
-
pensions
269
269
269
-
labour market
15 126
15 126
15 126
-
national
23 132
23 132
23 132
-
municipal
40 320
40 320
40 320
-
total
78 847
78 847
78 847
-
Employer
189 346
189 346
189 346
-
municipal
40 384
40 384
40 384
-
labour market
15 148
15 148
15 148
-
national
23 172
23 172
23 172
-
pensions
538
538
538
-
total
79 242
79 242
79 242
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
158 089
158 089
158 089
39 698
After tax
-55 089
-55 089
-55 089
63 302
Living cost
44 861
44 861
44 861
44 861
Free-cash
-99 950
-99 950
-99 950
18 441

Estimated living cost  is ₽44861 per week

₽30703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽690
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50241
-₽12053
₽5214
₽33346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
25 809
total
-
-
-
32 363
Employee
32 084
-
88 968
-
health
3 674
-
10 187
-
pensions
3 613
-
7 179
-
income
4 402
-
17 859
-
total
11 689
-
35 225
-
Employer
32 084
-
88 968
-
accident
536
-
1 486
-
pensions
5 217
-
10 367
-
unemployment
786
-
2 180
-
total
6 539
-
14 033
-
Corporate
64 377
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.

57 939
92 700
-
-
total
57 939
92 700
-
-
Dividends
6 438
10 300
-
-
withholding
1 223
1 957
-
-
total
1 223
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
77 390
94 657
49 258
32 363
After tax
25 610
8 343
53 742
70 637
Living cost
20 396
20 396
20 396
20 396
Free-cash
5 214
-12 053
33 346
50 241

Estimated living cost  is ₽20396 per week

₽14846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36235
₽31925
₽30899
₽22112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
health
-
-
-
1 197
municipal
-
-
-
18 325
national
-
-
-
11 424
total
-
-
-
30 946
Employee
49 085
-
86 650
-
health
366
-
945
-
pensions
3 313
-
5 850
-
unemployment
737
-
1 300
-
national
811
-
6 485
-
municipal
8 040
-
14 139
-
total
13 267
-
28 719
-
Employer
49 085
-
86 650
-
health
377
-
667
-
accident
50
-
87
-
pensions
8 516
-
15 033
-
unemployment
319
-
563
-
total
9 262
-
16 350
-
Corporate
44 653
103 000
-
-
income
8 930
20 600
-
-
total
8 930
20 600
-
-
Dividends

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

26 792
61 800
-
-
national
-
3 532
-
-
municipal
4 823
11 124
-
-
total
4 823
14 656
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 282
35 256
45 069
30 946
After tax
66 718
67 744
57 931
72 054
Living cost
35 819
35 819
35 819
35 819
Free-cash
30 899
31 925
22 112
36 235

Estimated living cost  is ₽35819 per week

₽23397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50824
₽53739
₽48662
₽50038
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 626
social contributions
-
-
-
15 095
income
-
-
-
12 854
total
-
-
-
30 575
Employee
71 741
71 741
93 508
-
health
556
1 220
1 590
-
social contributions
2 712
5 954
7 762
-
income
7 811
6 641
12 517
-
total
11 079
13 815
21 869
-
Employer
71 741
71 741
93 508
-
health
604
1 328
1 730
-
social contributions
2 712
5 954
7 762
-
total
3 316
7 282
9 492
-
Corporate
67 003
23 977
-
-
income
8 376
2 997
-
-
total
8 376
2 997
-
-
Dividends
58 627
20 980
-
-
withholding
9 966
3 566
-
-
total
9 966
3 566
-
-
Income
103 000
103 000
103 000
103 000
Total tax
32 737
27 660
31 361
30 575
After tax
70 263
75 340
71 639
72 425
Living cost
21 601
21 601
21 601
21 601
Free-cash
48 662
53 739
50 038
50 824

Estimated living cost  is ₽21601 per week

₽12946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68876
₽70481
₽65736
₽50160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 376
pensions
-
-
-
5 935
unemployment
-
-
-
27
income
-
-
-
9 973
total
-
-
-
19 311
Employee

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

21 415
-
93 882
-
health
1 820
-
7 525
-
pensions
3 212
-
13 279
-
unemployment
106
-
443
-
income
1 464
-
7 661
-
total
6 602
-
28 908
-
Employer

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

21 415
-
93 882
-
health
921
-
3 807
-
pensions
1 177
-
4 869
-
unemployment
106
-
443
-
total
2 204
-
9 119
-
Corporate
79 381
103 000
-
-
income
7 144
9 270
-
-
total
7 144
9 270
-
-
Dividends
72 237
93 730
-
-
withholding
6 501
8 436
-
-
total
6 501
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 451
17 706
38 027
19 311
After tax
80 549
85 294
64 973
83 689
Living cost
14 813
14 813
14 813
14 813
Free-cash
65 736
70 481
50 160
68 876

Estimated living cost  is ₽14813 per week

₽9451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30499
₽43721
₽38825
₽28034
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
20 901
total
-
-
-
46 845
Employee
34 497
-
78 102
-
pensions
1 622
-
3 670
-
unemployment
535
-
1 211
-
other
34
-
78
-
income
6 651
-
19 453
-
total
8 842
-
24 412
-
Employer
34 497
-
78 102
-
accident
683
-
1 546
-
pensions
8 141
-
18 432
-
other
276
-
625
-
unemployment
1 898
-
4 295
-
total
10 998
-
24 898
-
Corporate
57 504
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.

8 626
15 449
-
-
total
8 626
15 449
-
-
Dividends
48 879
87 551
-
-
withholding
10 053
18 174
-
-
total
10 053
18 174
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 519
33 623
49 310
46 845
After tax
64 481
69 377
53 690
56 155
Living cost
25 656
25 656
25 656
25 656
Free-cash
38 825
43 721
28 034
30 499

Estimated living cost  is ₽25656 per week

₽17317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5423
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64171
₽62521
₽62235
₽64045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
926
pensions
-
-
-
1 277
income
-
-
-
34 875
total
-
-
-
37 078
Employee
2 667
-
101 563
-
health
133
-
319
-
pensions
240
-
575
-
unemployment
27
-
64
-
income
516
-
34 808
-
total
916
-
35 766
-
Employer
2 667
-
101 563
-
health
253
-
607
-
pensions
293
-
703
-
unemployment
53
-
128
-
total
599
-
1 438
-
Corporate
99 733
103 000
-
-
income
21 941
22 660
-
-
total
21 941
22 660
-
-
Dividends
77 791
80 340
-
-
withholding
15 558
16 068
-
-
total
15 558
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 014
38 728
37 204
37 078
After tax
63 986
64 272
65 796
65 922
Living cost
1 751
1 751
1 751
1 751
Free-cash
62 235
62 521
64 045
64 171

Estimated living cost  is ₽1751 per week

₽1041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39587
₽58317
₽53737
₽39587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 087
pensions
-
-
-
17 889
unemployment
-
-
-
1 032
income
-
-
-
21 304
total
-
-
-
47 312
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.

24 279
-
90 684
-
health
1 250
-
3 543
-
pensions
3 399
-
9 633
-
unemployment
182
-
516
-
income
3 347
-
21 304
-
total
8 178
-
34 996
-
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.

24 279
-
90 684
-
health
1 250
-
3 543
-
pensions
2 913
-
8 257
-
unemployment
182
-
516
-
total
4 345
-
12 316
-
Corporate
74 375
103 000
-
-
income
11 156
15 450
-
-
total
11 156
15 450
-
-
Dividends
63 219
87 550
-
-
withholding
9 483
13 132
-
-
total
9 483
13 132
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 162
28 582
47 312
47 312
After tax
69 838
74 418
55 688
55 688
Living cost
16 101
16 101
16 101
16 101
Free-cash
53 737
58 317
39 587
39 587

Estimated living cost  is ₽16101 per week

₽10841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31987
₽33434
₽33099
₽26137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
35 792
income
-
-
-
10 069
surtax
-
-
-
-
total
-
-
-
45 861
Employee
36 211
-
83 233
-
surtax
-
-
-
-
social contributions
3 984
-
9 155
-
income
7 075
-
22 789
-
total
11 059
-
31 944
-
Employer
36 211
-
83 233
-
social contributions
8 599
-
19 767
-
total
8 599
-
19 767
-
Corporate
58 190
103 000
-
-
surtax
-
-
-
-
income
12 220
21 630
-
-
total
12 220
21 630
-
-
Dividends
45 970
81 370
-
-
withholding
12 871
22 784
-
-
total
12 871
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 749
44 414
51 711
45 861
After tax
58 251
58 586
51 289
57 139
Living cost
25 152
25 152
25 152
25 152
Free-cash
33 099
33 434
26 137
31 987

Estimated living cost  is ₽25152 per week

₽17815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23366
₽36588
₽29473
₽20901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
accident
-
-
-
779
other
-
-
-
87
pensions
-
-
-
24 472
unemployment
-
-
-
606
income
-
-
-
20 901
total
-
-
-
46 845
Employee
45 058
-
78 102
-
pensions
2 117
-
3 670
-
unemployment
698
-
1 211
-
other
44
-
78
-
income
9 411
-
19 453
-
total
12 270
-
24 412
-
Employer
45 058
-
78 102
-
accident
892
-
1 546
-
pensions
10 634
-
18 432
-
other
361
-
625
-
unemployment
2 479
-
4 295
-
total
14 366
-
24 898
-
Corporate
43 576
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.

6 537
15 449
-
-
total
6 537
15 449
-
-
Dividends
37 040
87 551
-
-
withholding
7 565
18 174
-
-
total
7 565
18 174
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 738
33 623
49 310
46 845
After tax
62 262
69 377
53 690
56 155
Living cost
32 789
32 789
32 789
32 789
Free-cash
29 473
36 588
20 901
23 366

Estimated living cost  is ₽32789 per week

₽23547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
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.
₽6230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62792
₽72011
₽66322
₽66169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 749
pensions

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

-
-
-
4 825
unemployment
-
-
-
130
income
-
-
-
15 450
total
-
-
-
24 154
Employee
21 258
-
96 604
-
health
978
-
1 500
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
9 660
-
total
5 204
-
14 381
-
Employer
21 258
-
96 604
-
health
1 467
-
2 249
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

2 343
-
3 592
-
unemployment
128
-
196
-
total
4 172
-
6 396
-
Corporate
77 571
103 000
-
-
income
7 757
10 300
-
-
total
7 757
10 300
-
-
Dividends
69 814
92 700
-
-
withholding
3 491
4 635
-
-
total
3 491
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 624
14 935
20 777
24 154
After tax
82 376
88 065
82 223
78 846
Living cost
16 054
16 054
16 054
16 054
Free-cash
66 322
72 011
66 169
62 792

Estimated living cost  is ₽16054 per week

₽10618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27431
₽17092
₽29294
₽35988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 374
trade
-
-
-
8 557
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.

-
-
-
1 284
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.

-
-
-
23 335
total
-
-
-
39 550
Employee

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

46 421
-
103 000
-
health

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

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

6 374
-
6 374
-
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.

211
-
1 284
-
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.

3 817
-
23 335
-
total
10 402
-
30 993
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 579
103 000
-
-
trade
8 119
14 780
-
-
chamber of commerce
225
292
-
-
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.

467
850
-
-
income
8 488
15 449
-
-
total
17 299
31 371
-
-
Dividends
39 280
71 629
-
-
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.

521
965
-
-
withholding
9 465
17 553
-
-
total
9 986
18 518
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 687
49 889
30 993
39 550
After tax
65 313
53 111
72 007
63 450
Living cost
36 019
36 019
36 019
36 019
Free-cash
29 294
17 092
35 988
27 431

Estimated living cost  is ₽36019 per week

₽24847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14711
₽18954
₽21014
₽14711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
25 778
social contributions
-
-
-
9 365
total
-
-
-
35 143
Employee
72 979
-
103 000
-
social contributions
6 063
-
9 365
-
income
13 771
-
25 778
-
total
19 834
-
35 143
-
Employer
72 979
-
103 000
-
total
-
-
-
-
Corporate
30 021
103 000
-
-
income
3 753
12 875
-
-
total
3 753
12 875
-
-
Dividends
26 268
90 125
-
-
withholding
5 253
18 025
-
-
total
5 253
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 840
30 900
35 143
35 143
After tax
74 160
72 100
67 857
67 857
Living cost
53 146
53 146
53 146
53 146
Free-cash
21 014
18 954
14 711
14 711

Estimated living cost  is ₽53146 per week

₽40433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4331
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36764
₽28153
₽31415
₽41929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
103 000
income
-
-
-
26 557
health

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

-
-
-
5 812
total
-
-
-
32 369
Employee
42 799
-
98 708
-
social contributions
4 288
-
4 292
-
income
4 644
-
18 620
-
total
8 932
-
22 912
-
Employer
42 799
-
98 708
-
social contributions
4 288
-
4 292
-
total
4 288
-
4 292
-
Corporate
55 913
103 000
-
-
income
19 569
36 051
-
-
total
19 569
36 051
-
-
Dividends
36 344
66 949
-
-
social contributions
4 929
4 929
-
-
total
4 929
4 929
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 718
40 980
27 204
32 369
After tax
65 282
62 020
75 796
70 631
Living cost
33 867
33 867
33 867
33 867
Free-cash
31 415
28 153
41 929
36 764

Estimated living cost  is ₽33867 per week

₽22308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38325
₽39435
₽37380
₽28962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 151
income
-
-
-
22 979
total
-
-
-
30 130
Employee
47 418
-
90 539
-
health
619
-
1 501
-
pensions
3 619
-
8 795
-
income
8 635
-
16 736
-
total
12 873
-
27 032
-
Employer
47 418
-
90 539
-
health
901
-
1 720
-
pensions
4 791
-
10 741
-
total
5 692
-
12 461
-
Corporate
49 890
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.

9 479
19 571
-
-
total
9 479
19 571
-
-
Dividends
40 411
83 429
-
-
withholding
3 031
9 449
-
-
total
3 031
9 449
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 075
29 020
39 493
30 130
After tax
71 925
73 980
63 507
72 870
Living cost
34 545
34 545
34 545
34 545
Free-cash
37 380
39 435
28 962
38 325

Estimated living cost  is ₽34545 per week

₽23698
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48222
-₽14072
₽4905
₽31327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 052
accident
-
-
-
238
other
-
-
-
349
pensions
-
-
-
3 915
income
-
-
-
25 809
total
-
-
-
32 363
Employee
35 260
-
88 968
-
health
4 037
-
10 187
-
pensions
3 970
-
7 179
-
income
4 837
-
17 859
-
total
12 844
-
35 225
-
Employer
35 260
-
88 968
-
accident
589
-
1 486
-
pensions
5 733
-
10 367
-
unemployment
864
-
2 180
-
total
7 186
-
14 033
-
Corporate
60 554
103 000
-
-
income

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

54 499
92 700
-
-
total
54 499
92 700
-
-
Dividends
6 055
10 300
-
-
withholding
1 151
1 957
-
-
total
1 151
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 680
94 657
49 258
32 363
After tax
27 320
8 343
53 742
70 637
Living cost
22 415
22 415
22 415
22 415
Free-cash
4 905
-14 072
31 327
48 222

Estimated living cost  is ₽22415 per week

₽16450
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽46014
₽74067
₽70403
₽53814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
health insurance
-
-
-
7 622
work injury
-
-
-
515
pensions
-
-
-
18 952
unemployment
-
-
-
1 236
income
-
-
-
16 053
total
-
-
-
44 378
Employee

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

20 172
-
103 000
-
pensions
3 712
-
13 733
-
work injury
101
-
373
-
unemployment
242
-
896
-
health insurance
1 493
-
5 523
-
income
2 017
-
16 053
-
total
7 565
-
36 578
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 828
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
82 828
101 970
-
-
withholding
12 424
15 295
-
-
total
12 424
15 295
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 989
16 325
36 578
44 378
After tax
83 011
86 675
66 422
58 622
Living cost
12 608
12 608
12 608
12 608
Free-cash
70 403
74 067
53 814
46 014

Estimated living cost  is ₽12608 per week

₽7811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3488
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13947
₽17087
₽12842
₽9236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 147
municipal
-
-
-
689
social contributions
-
-
-
26 492
national
-
-
-
22 558
total
-
-
-
51 886
Employee
78 618
-
103 000
-
regional
1 187
-
1 823
-
national
13 286
-
19 428
-
social contributions
26 509
-
34 732
-
municipal
469
-
614
-
total
41 451
-
56 597
-
Employer
78 618
-
103 000
-
total
-
-
-
-
Corporate
24 382
103 000
-
-
nationa
5 851
24 719
-
-
municipal
1 176
4 964
-
-
total
7 027
29 683
-
-
Dividends
17 355
73 316
-
-
withholding
4 513
19 063
-
-
total
4 513
19 063
-
-
Income
103 000
103 000
103 000
103 000
Total tax
52 991
48 746
56 597
51 886
After tax
50 009
54 254
46 403
51 114
Living cost
37 167
37 167
37 167
37 167
Free-cash
12 842
17 087
9 236
13 947

Estimated living cost  is ₽37167 per week

₽26108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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