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
₽21897
₽42726
₽33797
₽32918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income

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

-
-
-
22 085
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.

-
-
-
1 215
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.

-
-
-
6 805
trade
-
-
-
8 929
total
-
-
-
39 034
Employee

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

38 096
-
103 000
-
surtax

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

59
-
1 215
-
income

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

1 064
-
22 085
-
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.

6 805
-
6 805
-
total
7 928
-
30 105
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 904
103 000
-
-
income
9 736
15 450
-
-
surtax

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

535
851
-
-
chamber of commerce
244
299
-
-
trade
10 222
16 223
-
-
total
20 737
32 823
-
-
Dividends
44 167
70 177
-
-
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.

586
945
-
-
withholding
10 662
17 166
-
-
total
11 248
18 111
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 913
50 934
30 105
39 034
After tax
63 087
52 066
72 895
63 966
Living cost
30 169
30 169
30 169
30 169
Free-cash
32 918
21 897
42 726
33 797

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11534
₽10284
₽9476
₽10657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
1 107
municipal
-
-
-
10 715
national
-
-
-
16 604
pensions
-
-
-
12 360
total
-
-
-
40 786
Employee
81 754
-
89 043
-
municipal
10 098
-
11 114
-
pensions
3 270
-
3 562
-
national
15 648
-
17 222
-
total
29 016
-
31 898
-
Employer
81 754
-
89 043
-
pensions
6 540
-
7 123
-
social contributions
879
-
957
-
total
7 419
-
8 080
-
Corporate
8 431
103 000
-
-
income

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

1 686
20 600
-
-
total
1 686
20 600
-
-
Dividends
6 745
82 400
-
-
withholding
1 484
18 128
-
-
total
1 484
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 605
38 728
39 978
40 786
After tax
63 395
64 272
63 022
62 214
Living cost
52 738
52 738
52 738
52 738
Free-cash
10 657
11 534
10 284
9 476

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61677
₽37295
₽34225
₽53507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
103 000
income
-
-
-
14 939
surtax
-
-
-
-
social contributions

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

-
-
-
33 114
microenterprise
-
-
-
-
total
-
-
-
48 053
Employee
29 104
-
83 004
-
surtax
-
-
-
-
social contributions

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

3 202
-
9 131
-
income
5 181
-
15 856
-
total
8 383
-
24 987
-
Employer
29 104
-
83 004
-
social contributions

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

7 011
-
19 996
-
surtax
-
-
-
-
total
7 011
-
19 996
-
Corporate
66 885
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%.

13 377
20 601
-
-
total
13 377
20 601
-
-
Dividends

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

53 508
82 399
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 771
20 601
44 983
48 053
After tax
74 229
82 399
58 017
54 947
Living cost
20 722
20 722
20 722
20 722
Free-cash
53 507
61 677
37 295
34 225

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8190
₽9083
₽16721
₽2089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 757
health
-
-
-
12 127
pensions
-
-
-
11 670
total
-
-
-
44 554
Employee
85 057
85 057
87 652
-
pensions
15 310
11 670
11 670
-
income

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

13 922
13 922
13 922
-
health
13 055
11 105
11 252
-
total
42 287
36 697
36 844
-
Employer
85 057
85 057
87 652
-
health
5 912
5 912
6 092
-
pensions
5 920
5 920
6 101
-
unemployment
3 062
3 062
3 155
-
total
14 894
14 894
15 348
-
Corporate
4 092
3 049
-
-
income
818
611
-
-
total
818
611
-
-
Dividends
3 274
2 438
-
-
income
696
518
-
-
withholding
491
365
-
-
total
1 187
883
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 186
53 085
52 192
44 554
After tax
43 814
49 915
50 808
58 446
Living cost
41 725
41 725
41 725
41 725
Free-cash
2 089
8 190
9 083
16 721

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15245
₽14011
₽13026
₽14326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
180
other
-
-
-
10 440
unemployment
-
-
-
90
health
-
-
-
5 606
municipal
-
-
-
22 953
national
-
-
-
-
pensions
-
-
-
9 712
total
-
-
-
48 981
Employee
58 411
-
78 374
-
municipal
17 418
-
23 371
-
national
-
-
-
-
total
17 418
-
23 371
-
Employer
58 411
-
78 374
-
health
3 592
-
4 820
-
pensions
6 314
-
8 472
-
accident
117
-
157
-
unemployment
1 542
-
2 069
-
other
6 787
-
9 107
-
total
18 352
-
24 625
-
Corporate
26 236
103 000
-
-
income
5 772
22 660
-
-
total
5 772
22 660
-
-
Dividends
20 464
80 340
-
-
withholding
6 139
24 102
-
-
total
6 139
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 681
46 762
47 996
48 981
After tax
55 319
56 238
55 004
54 019
Living cost
40 993
40 993
40 993
40 993
Free-cash
14 326
15 245
14 011
13 026

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽12410
₽33767
₽24441
₽26407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income

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

-
-
-
22 085
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.

-
-
-
1 215
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.

-
-
-
6 805
trade
-
-
-
9 326
total
-
-
-
39 431
Employee

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

50 511
-
103 000
-
surtax

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

238
-
1 215
-
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.

4 340
-
22 085
-
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.

6 805
-
6 805
-
total
11 383
-
30 105
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 489
103 000
-
-
income
7 872
15 450
-
-
surtax

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

433
851
-
-
chamber of commerce
225
299
-
-
trade
8 634
16 943
-
-
total
17 164
33 543
-
-
Dividends
35 325
69 457
-
-
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.

465
934
-
-
withholding
8 453
16 985
-
-
total
8 918
17 919
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 465
51 462
30 105
39 431
After tax
65 535
51 538
72 895
63 569
Living cost
39 128
39 128
39 128
39 128
Free-cash
26 407
12 410
33 767
24 441

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43068
₽40196
₽40297
₽38938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 702
social contributions
-
-
-
16 068
health
-
-
-
2 627
total
-
-
-
30 397
Employee
76 590
76 590
93 510
-
social contributions
3 722
6 357
7 761
-
income
8 043
7 090
11 657
-
health
762
1 302
1 590
-
total
12 527
14 749
21 008
-
Employer
76 590
76 590
93 510
-
health
830
1 418
1 729
-
social contributions
3 722
6 357
7 761
-
total
4 552
7 775
9 490
-
Corporate
53 616
18 636
-
-
income
6 702
2 329
-
-
total
6 702
2 329
-
-
Dividends
46 914
16 307
-
-
withholding
7 975
2 773
-
-
total
7 975
2 773
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 756
27 626
30 498
30 397
After tax
71 244
75 374
72 502
72 603
Living cost
32 306
32 306
32 306
32 306
Free-cash
38 938
43 068
40 196
40 297

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
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.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39784
₽41479
₽53122
₽40163
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

26 317
10 474
86 192
-
unemployment
395
157
1 293
-
pensions
2 632
1 047
8 619
-
income
3 217
1 280
10 537
-
health
1 842
733
6 033
-
total
8 086
3 217
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.

26 317
10 474
86 192
-
pensions
5 132
2 042
16 808
-
total
5 132
2 042
16 808
-
Corporate
71 551
90 484
-
-
income
6 440
8 144
-
-
total
6 440
8 144
-
-
Dividends
65 112
82 340
-
-
social contributions
12 577
15 937
-
-
withholding
12 371
15 645
-
-
total
24 948
31 582
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 606
44 985
43 290
31 647
After tax
58 394
58 015
59 710
71 353
Living cost
18 231
18 231
18 231
18 231
Free-cash
40 163
39 784
41 479
53 122

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58341
₽35312
₽31149
₽52154
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 802
health
-
-
-
13 390
pensions
-
-
-
20 601
total
-
-
-
47 793
Employee
28 256
-
76 980
-
unemployment
452
-
1 232
-
pensions
565
-
1 540
-
income
3 181
-
14 841
-
total
4 198
-
17 613
-
Employer
28 256
-
76 980
-
health
3 673
-
10 006
-
pensions
5 652
-
15 395
-
unemployment
227
-
616
-
total
9 552
-
26 017
-
Corporate
65 193
103 000
-
-
income
13 038
20 601
-
-
total
13 038
20 601
-
-
Dividends
52 155
82 399
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 788
20 601
43 630
47 793
After tax
76 212
82 399
59 370
55 207
Living cost
24 058
24 058
24 058
24 058
Free-cash
52 154
58 341
35 312
31 149

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13826
₽31160
₽48511
₽4943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
25 302
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
32 320
Employee
34 873
-
88 262
-
pensions
3 927
-
7 688
-
income
4 784
-
17 138
-
health
3 993
-
10 106
-
total
12 704
-
34 932
-
Employer
34 873
-
88 262
-
pensions
5 671
-
11 102
-
accident
582
-
1 474
-
unemployment
854
-
2 163
-
total
7 107
-
14 739
-
Corporate
61 020
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.

54 918
92 700
-
-
total
54 918
92 700
-
-
Dividends
6 102
10 300
-
-
withholding
1 159
1 957
-
-
total
1 159
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 888
94 657
49 671
32 320
After tax
27 112
8 343
53 329
70 680
Living cost
22 169
22 169
22 169
22 169
Free-cash
4 943
-13 826
31 160
48 511

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89705
₽74255
₽93825
₽88178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
10 181
-
103 000
-
income
2 036
-
20 600
-
total
2 036
-
20 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

92 819
103 000
-
-
total
-
-
-
-
Dividends
92 819
103 000
-
-
withholding
4 641
5 150
-
-
total
4 641
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 677
5 150
20 600
1 030
After tax
96 323
97 850
82 400
101 970
Living cost
8 145
8 145
8 145
8 145
Free-cash
88 178
89 705
74 255
93 825

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49134
₽33579
₽29232
₽42406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 082
other
-
-
-
4 892
health
-
-
-
4 533
pensions

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

-
-
-
24 721
total
-
-
-
47 228
Employee
36 165
-
82 269
-
unemployment
361
-
822
-
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.

2 531
-
5 759
-
income
6 226
-
14 420
-
health
507
-
1 151
-
total
9 625
-
22 152
-
Employer
36 165
-
82 269
-
health
507
-
1 151
-
pensions

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

6 149
-
13 985
-
accident
289
-
658
-
unemployment
361
-
822
-
other
1 809
-
4 113
-
total
9 115
-
20 729
-
Corporate
57 721
103 000
-
-
income
12 122
21 631
-
-
total
12 122
21 631
-
-
Dividends
45 599
81 369
-
-
withholding
3 192
5 695
-
-
total
3 192
5 695
-
-
Income
103 000
103 000
103 000
103 000
Total tax
34 054
27 326
42 881
47 228
After tax
68 946
75 674
60 119
55 772
Living cost
26 540
26 540
26 540
26 540
Free-cash
42 406
49 134
33 579
29 232

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8840
-₽1916
₽7376
-₽3675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 828
pensions
-
-
-
7 488
total
-
-
-
29 316
Employee
93 815
-
90 639
-
pensions
9 051
-
8 668
-
income
16 911
-
16 099
-
health
1 546
-
1 480
-
total
27 508
-
26 247
-
Employer
93 815
-
90 639
-
health
1 782
-
1 723
-
pensions
11 077
-
10 638
-
total
12 859
-
12 361
-
Corporate
-
103 000
-
-
income

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

-
19 571
-
-
total
-
19 571
-
-
Dividends
-
83 429
-
-
withholding
-
8 281
-
-
total
-
8 281
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 367
27 852
38 608
29 316
After tax
62 633
75 148
64 392
73 684
Living cost
66 308
66 308
66 308
66 308
Free-cash
-3 675
8 840
-1 916
7 376

Estimated living cost  is ₽66308 per week

₽49686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75013
₽68474
₽65214
₽70389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
15 450
unemployment
-
-
-
139
health
-
-
-
3 999
pensions

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

-
-
-
5 146
total
-
-
-
24 734
Employee
17 282
-
96 178
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
pensions

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

1 517
-
3 053
-
income
1 728
-
9 618
-
health
795
-
1 599
-
total
4 230
-
14 652
-
Employer
17 282
-
96 178
-
health
1 193
-
2 399
-
pensions

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

1 905
-
3 832
-
accident

We are using the highest rate at 1.1%.

190
-
382
-
unemployment
103
-
209
-
total
3 391
-
6 822
-
Corporate
82 327
103 000
-
-
income
8 233
10 300
-
-
total
8 233
10 300
-
-
Dividends
74 094
92 700
-
-
withholding
3 705
4 635
-
-
total
3 705
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 559
14 935
21 474
24 734
After tax
83 441
88 065
81 526
78 266
Living cost
13 052
13 052
13 052
13 052
Free-cash
70 389
75 013
68 474
65 214

Estimated living cost  is ₽13052 per week

₽7620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5316
-₽4423
₽3215
-₽5512
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 757
health
-
-
-
12 127
pensions
-
-
-
11 670
total
-
-
-
44 554
Employee
92 345
85 057
87 652
-
pensions
11 670
11 670
11 670
-
income

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

13 922
13 922
13 922
-
health
11 520
11 105
11 252
-
total
37 112
36 697
36 844
-
Employer
92 345
85 057
87 652
-
health
6 417
5 912
6 092
-
pensions
6 427
5 920
6 101
-
unemployment
3 325
3 062
3 155
-
total
16 169
14 894
15 348
-
Corporate
-
3 049
-
-
income
-
611
-
-
total
-
611
-
-
Dividends
-
2 438
-
-
income
-
518
-
-
withholding
-
365
-
-
total
-
883
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 281
53 085
52 192
44 554
After tax
49 719
49 915
50 808
58 446
Living cost
55 231
55 231
55 231
55 231
Free-cash
-5 512
-5 316
-4 423
3 215

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46166
₽27519
₽25416
₽37335
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
8 853
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
health
-
-
-
13 905
total
-
-
-
52 834
Employee
36 396
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 366
-
4 996
-
income
4 368
-
9 224
-
health
4 914
-
10 377
-
total
11 648
-
24 597
-
Employer
36 396
-
76 866
-
health
3 276
-
6 918
-
social contributions
9 099
-
19 216
-
total
12 375
-
26 134
-
Corporate
54 229
103 000
-
-
income
10 303
19 570
-
-
total
10 303
19 570
-
-
Dividends
43 925
83 430
-
-
withholding
6 589
12 514
-
-
total
6 589
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 915
32 084
50 731
52 834
After tax
62 085
70 916
52 269
50 166
Living cost
24 750
24 750
24 750
24 750
Free-cash
37 335
46 166
27 519
25 416

Estimated living cost  is ₽24750 per week

₽17191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12927
₽5704
₽10607
₽7726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
regional
-
-
-
1 143
municipal
-
-
-
612
national
-
-
-
22 117
total
-
-
-
50 364
Employee
88 521
-
103 000
-
municipal
469
-
546
-
national
15 339
-
18 987
-
regional
835
-
1 002
-
social contributions
29 849
-
34 732
-
total
46 492
-
55 267
-
Employer
88 521
-
103 000
-
total
-
-
-
-
Corporate
14 479
103 000
-
-
municipal
565
4 017
-
-
nationa
3 474
24 719
-
-
total
4 039
28 736
-
-
Dividends
10 440
74 264
-
-
withholding
2 714
19 308
-
-
total
2 714
19 308
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 245
48 044
55 267
50 364
After tax
49 755
54 956
47 733
52 636
Living cost
42 029
42 029
42 029
42 029
Free-cash
7 726
12 927
5 704
10 607

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42807
₽28662
₽30663
₽39708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 760
other
-
-
-
-
surtax
-
-
-
2 457
unemployment
-
-
-
227
health
-
-
-
7 313
pensions
-
-
-
20 601
total
-
-
-
50 358
Employee
32 938
-
85 087
-
other
-
-
-
-
unemployment
2 293
-
5 922
-
pensions
2 196
-
5 676
-
surtax
108
-
2 228
-
income
5 521
-
18 450
-
health
841
-
2 170
-
total
10 959
-
34 446
-
Employer
32 938
-
85 087
-
health
1 499
-
3 873
-
pensions
4 391
-
11 343
-
unemployment
1 043
-
2 697
-
other
-
-
-
-
total
6 933
-
17 913
-
Corporate
63 129
103 000
-
-
income
16 414
26 780
-
-
total
16 414
26 780
-
-
Dividends
46 715
76 220
-
-
withholding
7 007
11 434
-
-
total
7 007
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 313
38 214
52 359
50 358
After tax
61 687
64 786
50 641
52 642
Living cost
21 979
21 979
21 979
21 979
Free-cash
39 708
42 807
28 662
30 663

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and 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 of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽29848
₽19092
₽28384
₽24070
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 828
pensions
-
-
-
7 488
total
-
-
-
29 316
Employee
62 872
-
90 639
-
pensions
5 336
-
8 668
-
income
11 324
-
16 099
-
health
913
-
1 480
-
total
17 573
-
26 247
-
Employer
62 872
-
90 639
-
health
1 194
-
1 723
-
pensions
6 806
-
10 638
-
total
8 000
-
12 361
-
Corporate
32 127
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.

6 105
19 571
-
-
total
6 105
19 571
-
-
Dividends
26 022
83 429
-
-
withholding
1 952
8 281
-
-
total
1 952
8 281
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 630
27 852
38 608
29 316
After tax
69 370
75 148
64 392
73 684
Living cost
45 300
45 300
45 300
45 300
Free-cash
24 070
29 848
19 092
28 384

Estimated living cost  is ₽45300 per week

₽33938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3395
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.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31610
₽2097
₽7245
₽2065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
other

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

-
-
-
2 060
regional
-
-
-
3 528
health
-
-
-
257
city
-
-
-
1 086
national
-
-
-
639
pensions
-
-
-
9 475
total
-
-
-
17 045
Employee
92 111
-
92 191
-
unemployment
-
-
-
-
pensions
7 739
-
7 743
-
national
436
-
436
-
regional
3 016
-
3 020
-
city
989
-
991
-
health
208
-
208
-
total
12 388
-
12 398
-
Employer
92 111
-
92 191
-
health
208
-
208
-
pensions
7 739
-
7 743
-
unemployment
-
-
-
-
other

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

1 842
-
1 844
-
total
9 789
-
9 795
-
Corporate
87
103 000
-
-
regional
18
21 784
-
-
national
8
8 755
-
-
total
26
30 539
-
-
Dividends
61
72 460
-
-
withholding
22
25 361
-
-
total
22
25 361
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 225
55 900
22 193
17 045
After tax
80 775
47 100
80 807
85 955
Living cost
78 710
78 710
78 710
78 710
Free-cash
2 065
-31 610
2 097
7 245

Estimated living cost  is ₽78710 per week

₽51184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5379
₽27266
₽17543
₽21532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income

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

-
-
-
22 085
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.

-
-
-
1 215
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.

-
-
-
6 805
trade
-
-
-
9 723
total
-
-
-
39 828
Employee

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

59 860
-
103 000
-
surtax

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

387
-
1 215
-
income

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

7 039
-
22 085
-
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.

6 805
-
6 805
-
total
14 231
-
30 105
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 140
103 000
-
-
income
6 472
15 450
-
-
surtax

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

355
851
-
-
chamber of commerce
212
297
-
-
trade
7 398
17 665
-
-
total
14 437
34 263
-
-
Dividends
28 703
68 737
-
-
surtax

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

374
924
-
-
withholding
6 797
16 805
-
-
total
7 171
17 729
-
-
Income
103 000
103 000
103 000
103 000
Total tax
35 839
51 992
30 105
39 828
After tax
67 161
51 008
72 895
63 172
Living cost
45 629
45 629
45 629
45 629
Free-cash
21 532
5 379
27 266
17 543

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17833
₽30428
₽25136
₽23716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 289
other
-
-
-
3 198
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 094
pensions
-
-
-
25 270
total
-
-
-
43 786
Employee
42 629
-
83 478
-
pensions
4 820
-
4 075
-
surtax
-
-
-
-
social contributions
1 215
-
2 378
-
income
2 516
-
12 518
-
total
8 551
-
18 971
-
Employer
42 629
-
83 478
-
health
2 985
-
5 844
-
pensions
7 003
-
7 168
-
unemployment
1 726
-
3 381
-
social contributions
129
-
250
-
other
1 471
-
2 881
-
total
13 314
-
19 524
-
Corporate
47 059
103 000
-
-
income
13 176
28 840
-
-
surtax
-
-
-
-
total
13 176
28 840
-
-
Dividends
33 883
74 160
-
-
surtax
-
-
-
-
social contributions
5 827
12 757
-
-
withholding
4 338
9 492
-
-
total
10 165
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 206
51 089
38 495
43 786
After tax
57 794
51 911
64 505
59 214
Living cost
34 078
34 078
34 078
34 078
Free-cash
23 716
17 833
30 428
25 136

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21210
₽33804
₽28513
₽26744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 289
other
-
-
-
3 198
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 094
pensions
-
-
-
25 270
total
-
-
-
43 786
Employee
38 052
-
83 478
-
pensions
4 304
-
4 075
-
surtax
-
-
-
-
social contributions
1 085
-
2 378
-
income
1 962
-
12 518
-
total
7 351
-
18 971
-
Employer
38 052
-
83 478
-
health
2 663
-
5 844
-
pensions
6 253
-
7 168
-
unemployment
1 540
-
3 381
-
social contributions
113
-
250
-
other
1 314
-
2 881
-
total
11 883
-
19 524
-
Corporate
53 065
103 000
-
-
income
14 859
28 840
-
-
surtax
-
-
-
-
total
14 859
28 840
-
-
Dividends
38 206
74 160
-
-
surtax
-
-
-
-
social contributions
6 572
12 757
-
-
withholding
4 890
9 492
-
-
total
11 462
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 555
51 089
38 495
43 786
After tax
57 445
51 911
64 505
59 214
Living cost
30 701
30 701
30 701
30 701
Free-cash
26 744
21 210
33 804
28 513

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41719
₽45029
₽45026
₽42234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
15 450
social contributions
-
-
-
14 214
health
-
-
-
7 190
total
-
-
-
36 854
Employee
33 771
-
103 000
-
social contributions
4 661
-
14 214
-
income
5 633
-
15 446
-
health
2 357
-
7 190
-
total
12 651
-
36 850
-
Employer
33 771
-
103 000
-
total
-
-
-
-
Corporate
69 229
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%.

3 461
5 151
-
-
total
3 461
5 151
-
-
Dividends
65 768
97 849
-
-
social contributions
9 077
13 503
-
-
withholding
9 865
14 677
-
-
health
4 591
6 829
-
-
total
23 533
35 009
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 645
40 160
36 850
36 854
After tax
63 355
62 840
66 150
66 146
Living cost
21 120
21 120
21 120
21 120
Free-cash
42 234
41 719
45 029
45 026

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽22585
-₽4287
₽16777
₽21045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
17 474
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
412
health
-
-
-
7 880
pensions
-
-
-
19 055
total
-
-
-
51 127
Employee
49 777
39 693
79 830
-
other
497
397
798
-
unemployment
1 493
1 191
2 395
-
pensions
5 098
4 064
8 175
-
income
5 667
2 928
15 550
-
health
1 926
1 537
3 089
-
total
14 681
10 117
30 007
-
Employer
49 777
39 693
79 830
-
chamber of commerce
198
159
319
-
health
1 881
1 501
3 017
-
pensions
6 247
4 982
10 018
-
accident
646
516
1 038
-
unemployment
1 493
1 191
2 395
-
surtax
197
197
197
-
payroll
1 493
1 191
2 395
-
other
2 365
1 884
3 792
-
total
14 520
11 621
23 171
-
Corporate
38 703
51 686
76 050
-
income

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

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

9 676
12 921
19 013
-
total
9 676
12 921
19 013
-
Dividends
29 027
38 765
-
-
withholding
7 982
10 660
-
-
total
7 982
10 660
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 859
45 319
72 191
51 127
After tax
56 141
57 681
30 809
51 873
Living cost
35 096
35 096
35 096
35 096
Free-cash
21 045
22 585
-4 287
16 777

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21436
₽3637
₽11646
₽6501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
communal

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

-
-
-
5 205
social contributions
-
-
-
16 252
national
-
-
-
33 580
total
-
-
-
55 037
Employee

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

71 247
-
79 776
-
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.

620
-
694
-
communal

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

3 716
-
4 160
-
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.

5 343
-
5 982
-
national
21 904
-
25 240
-
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.

3 347
-
3 748
-
total
34 930
-
39 824
-
Employer

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

71 247
-
79 776
-
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.

4 381
-
4 907
-
pensions

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

6 313
-
7 067
-
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.

926
-
1 038
-
unemployment

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

1 040
-
1 164
-
surtax
8 079
-
9 046
-
total
20 739
-
23 222
-
Corporate
11 015
103 000
-
-
income
2 202
20 601
-
-
surtax
43
412
-
-
total
2 245
21 013
-
-
Dividends
8 769
81 987
-
-
withholding

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

2 268
24 234
-
-
total
2 268
24 234
-
-
Income
103 000
103 000
103 000
103 000
Total tax
60 182
45 247
63 046
55 037
After tax
42 818
57 753
39 954
47 963
Living cost
36 317
36 317
36 317
36 317
Free-cash
6 501
21 436
3 637
11 646

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33420
₽18234
₽19594
₽25487
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
19 738
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
47 435
Employee
49 580
-
78 101
-
other
49
-
77
-
unemployment
769
-
1 210
-
pensions
2 331
-
3 671
-
income
10 461
-
18 938
-
total
13 610
-
23 896
-
Employer
49 580
-
78 101
-
pensions
11 700
-
18 431
-
accident
981
-
1 546
-
unemployment
2 727
-
4 296
-
other
395
-
626
-
total
15 803
-
24 899
-
Corporate
37 617
103 000
-
-
income

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

5 642
15 450
-
-
total
5 642
15 450
-
-
Dividends
31 974
87 550
-
-
withholding
6 487
18 159
-
-
total
6 487
18 159
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 542
33 609
48 795
47 435
After tax
61 458
69 391
54 205
55 565
Living cost
35 971
35 971
35 971
35 971
Free-cash
25 487
33 420
18 234
19 594

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8803
₽8903
₽4381
₽1861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
communal
-
-
-
6 510
accident
-
-
-
868
income
-
-
-
9 330
surtax
-
-
-
5 107
health
-
-
-
7 237
pensions
-
-
-
15 439
total
-
-
-
44 491
Employee
75 429
-
92 005
-
pensions
6 033
-
7 360
-
surtax
4 623
-
5 638
-
income
7 286
-
11 882
-
health
3 357
-
4 094
-
total
21 299
-
28 974
-
Employer
75 429
-
92 005
-
health
2 300
-
2 807
-
pensions
6 033
-
7 360
-
accident
679
-
828
-
total
9 012
-
10 995
-
Corporate
18 559
103 000
-
-
communal
-
6 952
-
-
income
2 784
15 450
-
-
surtax
195
1 081
-
-
total
2 979
23 483
-
-
Dividends
15 580
79 517
-
-
income
11 385
4 659
-
-
withholding
2 336
11 927
-
-
total
13 721
16 586
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 011
40 069
39 969
44 491
After tax
55 989
62 931
63 031
58 509
Living cost
54 128
54 128
54 128
54 128
Free-cash
1 861
8 803
8 903
4 381

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42414
₽28269
₽30270
₽39248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 760
other
-
-
-
-
surtax
-
-
-
2 457
unemployment
-
-
-
227
health
-
-
-
7 313
pensions
-
-
-
20 601
total
-
-
-
50 358
Employee
33 543
-
85 087
-
other
-
-
-
-
unemployment
2 334
-
5 922
-
pensions
2 238
-
5 676
-
surtax
119
-
2 228
-
income
5 623
-
18 450
-
health
856
-
2 170
-
total
11 170
-
34 446
-
Employer
33 543
-
85 087
-
health
1 525
-
3 873
-
pensions
4 472
-
11 343
-
unemployment
1 064
-
2 697
-
other
-
-
-
-
total
7 061
-
17 913
-
Corporate
62 396
103 000
-
-
income
16 223
26 780
-
-
total
16 223
26 780
-
-
Dividends
46 172
76 220
-
-
withholding
6 926
11 434
-
-
total
6 926
11 434
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 380
38 214
52 359
50 358
After tax
61 620
64 786
50 641
52 642
Living cost
22 372
22 372
22 372
22 372
Free-cash
39 248
42 414
28 269
30 270

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27308
₽20518
₽25395
₽25096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
regional
-
-
-
1 553
municipal
-
-
-
612
national
-
-
-
22 117
total
-
-
-
50 774
Employee
55 251
-
103 000
-
municipal
293
-
546
-
national
8 753
-
18 987
-
regional
744
-
1 386
-
social contributions
18 631
-
34 732
-
total
28 421
-
55 651
-
Employer
55 251
-
103 000
-
total
-
-
-
-
Corporate
47 749
103 000
-
-
municipal
2 374
5 119
-
-
nationa
11 460
24 719
-
-
total
13 834
29 838
-
-
Dividends
33 915
73 162
-
-
withholding
8 818
19 023
-
-
total
8 818
19 023
-
-
Income
103 000
103 000
103 000
103 000
Total tax
51 073
48 861
55 651
50 774
After tax
51 927
54 139
47 349
52 226
Living cost
26 831
26 831
26 831
26 831
Free-cash
25 096
27 308
20 518
25 395

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40418
₽21771
₽19668
₽29538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
8 853
social contributions
-
-
-
30 076
solidarity contribution
-
-
-
-
health
-
-
-
13 905
total
-
-
-
52 834
Employee
44 850
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 915
-
4 996
-
income
5 382
-
9 224
-
health
6 055
-
10 377
-
total
14 352
-
24 597
-
Employer
44 850
-
76 866
-
health
4 036
-
6 918
-
social contributions
11 213
-
19 216
-
total
15 249
-
26 134
-
Corporate
42 901
103 000
-
-
income
8 151
19 570
-
-
total
8 151
19 570
-
-
Dividends
34 750
83 430
-
-
withholding
5 212
12 514
-
-
total
5 212
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 964
32 084
50 731
52 834
After tax
60 036
70 916
52 269
50 166
Living cost
30 498
30 498
30 498
30 498
Free-cash
29 538
40 418
21 771
19 668

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26012
-₽927
₽20293
₽25520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
17 474
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
412
health
-
-
-
7 880
pensions
-
-
-
19 055
total
-
-
-
50 930
Employee
43 539
39 693
79 978
-
other
435
397
800
-
unemployment
1 306
1 191
2 399
-
pensions
4 459
4 064
8 190
-
income
3 879
2 928
15 599
-
health
1 684
1 537
3 096
-
total
11 763
10 117
30 084
-
Employer
43 539
39 693
79 978
-
chamber of commerce
174
159
319
-
health
1 646
1 501
3 022
-
pensions
5 464
4 982
10 037
-
accident
565
516
1 040
-
unemployment
1 306
1 191
2 399
-
surtax
-
-
-
-
payroll
1 306
1 191
2 399
-
other
2 068
1 884
3 799
-
total
12 529
11 424
23 015
-
Corporate
46 931
51 883
76 205
-
income

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

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

11 732
12 970
19 051
-
total
11 732
12 970
19 051
-
Dividends
35 199
38 912
-
-
withholding
9 679
10 700
-
-
total
9 679
10 700
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 703
45 211
72 150
50 930
After tax
57 297
57 789
30 850
52 070
Living cost
31 777
31 777
31 777
31 777
Free-cash
25 520
26 012
-927
20 293

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85157
₽69707
₽89277
₽82778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 866
-
103 000
-
income
3 173
-
20 600
-
total
3 173
-
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%.

87 134
103 000
-
-
total
-
-
-
-
Dividends
87 134
103 000
-
-
withholding
4 356
5 150
-
-
total
4 356
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 529
5 150
20 600
1 030
After tax
95 471
97 850
82 400
101 970
Living cost
12 693
12 693
12 693
12 693
Free-cash
82 778
85 157
69 707
89 277

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44198
₽23472
₽26424
₽35869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
103 000
income
-
-
-
20 759
unemployment
-
-
-
155
health
-
-
-
10 135
pensions
-
-
-
18 811
total
-
-
-
49 860
Employee

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

44 045
-
89 124
-
unemployment
62
-
125
-
pensions
6 827
-
13 815
-
income
7 595
-
19 239
-
health
2 845
-
5 757
-
total
17 329
-
38 936
-
Employer

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

44 045
-
89 124
-
health
2 934
-
5 935
-
pensions
3 897
-
7 888
-
unemployment
26
-
53
-
total
6 857
-
13 876
-
Corporate
52 098
103 000
-
-
income
9 899
19 571
-
-
total
9 899
19 571
-
-
Dividends
42 199
83 429
-
-
withholding
6 330
12 515
-
-
total
6 330
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 415
32 086
52 812
49 860
After tax
62 585
70 914
50 188
53 140
Living cost
26 716
26 716
26 716
26 716
Free-cash
35 869
44 198
23 472
26 424

Estimated living cost  is ₽26716 per week

₽18334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18981
₽45997
₽27497
-₽47954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 077
social contributions
-
-
-
11 742
total
-
-
-
31 819
Employee
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
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
107 270
40 335
13 319
31 819
After tax
-4 270
62 665
89 681
71 181
Living cost
43 684
43 684
43 684
43 684
Free-cash
-47 954
18 981
45 997
27 497

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27343
₽20759
₽26197
₽26340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
9 769
surtax
-
-
-
-
social contributions

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

-
-
-
35 792
total
-
-
-
45 561
Employee
45 810
-
83 233
-
surtax
-
-
-
-
social contributions
5 039
-
9 156
-
income
9 529
-
22 076
-
total
14 568
-
31 232
-
Employer
45 810
-
83 233
-
social contributions
10 880
-
19 767
-
total
10 880
-
19 767
-
Corporate
46 311
103 000
-
-
income
9 725
21 631
-
-
surtax
-
-
-
-
total
9 725
21 631
-
-
Dividends
36 586
81 369
-
-
withholding
10 245
22 784
-
-
total
10 245
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 418
44 415
50 999
45 561
After tax
57 582
58 585
52 001
57 439
Living cost
31 242
31 242
31 242
31 242
Free-cash
26 340
27 343
20 759
26 197

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
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.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3804
₽16398
₽11107
₽10651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 289
other
-
-
-
3 198
surtax
-
-
-
-
social contributions
-
-
-
2 935
health
-
-
-
2 094
pensions
-
-
-
25 270
total
-
-
-
43 786
Employee
62 383
-
83 478
-
pensions
7 056
-
4 075
-
surtax
-
-
-
-
social contributions
1 777
-
2 378
-
income
5 443
-
12 518
-
total
14 276
-
18 971
-
Employer
62 383
-
83 478
-
health
4 366
-
5 844
-
pensions
10 250
-
7 168
-
unemployment
2 527
-
3 381
-
social contributions
187
-
250
-
other
2 153
-
2 881
-
total
19 483
-
19 524
-
Corporate
21 133
103 000
-
-
income
5 918
28 840
-
-
surtax
-
-
-
-
total
5 918
28 840
-
-
Dividends
15 215
74 160
-
-
surtax
-
-
-
-
social contributions
2 618
12 757
-
-
withholding
1 947
9 492
-
-
total
4 565
22 249
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 242
51 089
38 495
43 786
After tax
58 758
51 911
64 505
59 214
Living cost
48 107
48 107
48 107
48 107
Free-cash
10 651
3 804
16 398
11 107

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62761
₽51153
₽48416
₽59413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
1 985
social contributions
-
-
-
22 659
total
-
-
-
24 644
Employee
32 021
-
89 177
-
income
-
-
2 289
-
social contributions
2 081
-
5 795
-
total
2 081
-
8 084
-
Employer
32 021
-
89 177
-
social contributions
4 964
-
13 823
-
total
4 964
-
13 823
-
Corporate
66 015
103 000
-
-
income
6 602
10 299
-
-
total
6 602
10 299
-
-
Dividends
59 413
92 701
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 647
10 299
21 907
24 644
After tax
89 353
92 701
81 093
78 356
Living cost
29 940
29 940
29 940
29 940
Free-cash
59 413
62 761
51 153
48 416

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽113909
-₽113909
₽15737
-₽113909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
labour market
-
-
-
8 171
municipal
-
-
-
19 307
national
-
-
-
10 976
pensions
-
-
-
863
total
-
-
-
39 317
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
168 963
168 963
168 963
39 317
After tax
-65 963
-65 963
-65 963
63 683
Living cost
47 946
47 946
47 946
47 946
Free-cash
-113 909
-113 909
-113 909
15 737

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13499
₽31487
₽48838
₽4992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
25 302
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
32 320
Employee
34 359
-
88 262
-
pensions
3 869
-
7 688
-
income
4 714
-
17 138
-
health
3 934
-
10 106
-
total
12 517
-
34 932
-
Employer
34 359
-
88 262
-
pensions
5 587
-
11 102
-
accident
574
-
1 474
-
unemployment
842
-
2 163
-
total
7 003
-
14 739
-
Corporate
61 639
103 000
-
-
income

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

55 475
92 700
-
-
total
55 475
92 700
-
-
Dividends
6 164
10 300
-
-
withholding
1 171
1 957
-
-
total
1 171
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 166
94 657
49 671
32 320
After tax
26 834
8 343
53 329
70 680
Living cost
21 842
21 842
21 842
21 842
Free-cash
4 992
-13 499
31 487
48 838

Estimated living cost  is ₽21842 per week

₽15898
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.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29984
₽20253
₽34522
₽28171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 170
municipal
-
-
-
18 329
national
-
-
-
10 739
total
-
-
-
30 238
Employee
52 403
-
86 648
-
municipal
8 583
-
14 144
-
unemployment
786
-
1 300
-
pensions
3 536
-
5 848
-
national
866
-
5 945
-
health
391
-
919
-
total
14 162
-
28 156
-
Employer
52 403
-
86 648
-
health
403
-
667
-
pensions
9 092
-
15 034
-
accident
53
-
87
-
unemployment
340
-
563
-
total
9 888
-
16 351
-
Corporate
40 709
103 000
-
-
income
8 143
20 601
-
-
total
8 143
20 601
-
-
Dividends

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

24 425
61 799
-
-
municipal
4 396
11 124
-
-
national
-
3 051
-
-
total
4 396
14 175
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 589
34 776
44 507
30 238
After tax
66 411
68 224
58 493
72 762
Living cost
38 240
38 240
38 240
38 240
Free-cash
28 171
29 984
20 253
34 522

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52313
₽49441
₽49542
₽46892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 702
social contributions
-
-
-
16 068
health
-
-
-
2 627
total
-
-
-
30 397
Employee
76 590
76 590
93 510
-
social contributions
2 896
6 357
7 761
-
income
8 339
7 090
11 657
-
health
594
1 302
1 590
-
total
11 829
14 749
21 008
-
Employer
76 590
76 590
93 510
-
health
645
1 418
1 729
-
social contributions
2 896
6 357
7 761
-
total
3 541
7 775
9 490
-
Corporate
64 570
18 636
-
-
income
8 071
2 329
-
-
total
8 071
2 329
-
-
Dividends
56 499
16 307
-
-
withholding
9 606
2 773
-
-
total
9 606
2 773
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 047
27 626
30 498
30 397
After tax
69 953
75 374
72 502
72 603
Living cost
23 061
23 061
23 061
23 061
Free-cash
46 892
52 313
49 441
49 542

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69481
₽47701
₽67335
₽64414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
103 000
income
-
-
-
9 882
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
19 851
Employee

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

22 862
-
93 383
-
unemployment
113
-
467
-
pensions
3 429
-
14 008
-
income
1 563
-
7 455
-
health
1 943
-
7 937
-
total
7 048
-
29 867
-
Employer

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

22 862
-
93 383
-
health
983
-
4 015
-
pensions
1 257
-
5 136
-
unemployment
113
-
467
-
total
2 353
-
9 618
-
Corporate
77 784
103 000
-
-
income
7 001
9 269
-
-
total
7 001
9 269
-
-
Dividends
70 783
93 731
-
-
withholding
6 370
8 436
-
-
total
6 370
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 772
17 705
39 485
19 851
After tax
80 228
85 295
63 515
83 149
Living cost
15 814
15 814
15 814
15 814
Free-cash
64 414
69 481
47 701
67 335

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42001
₽26815
₽28175
₽36777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
19 738
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
47 435
Employee
36 829
-
78 101
-
other
36
-
77
-
unemployment
571
-
1 210
-
pensions
1 731
-
3 671
-
income
7 100
-
18 938
-
total
9 438
-
23 896
-
Employer
36 829
-
78 101
-
pensions
8 691
-
18 431
-
accident
730
-
1 546
-
unemployment
2 026
-
4 296
-
other
295
-
626
-
total
11 742
-
24 899
-
Corporate
54 429
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.

8 164
15 450
-
-
total
8 164
15 450
-
-
Dividends
46 266
87 550
-
-
withholding
9 489
18 159
-
-
total
9 489
18 159
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 833
33 609
48 795
47 435
After tax
64 167
69 391
54 205
55 565
Living cost
27 390
27 390
27 390
27 390
Free-cash
36 777
42 001
26 815
28 175

Estimated living cost  is ₽27390 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62320
₽63713
₽63852
₽61999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
34 740
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
37 196
Employee
2 973
-
101 398
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
34 666
-
health
149
-
356
-
total
1 022
-
35 734
-
Employer
2 973
-
101 398
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
99 358
103 000
-
-
income
21 859
22 660
-
-
total
21 859
22 660
-
-
Dividends
77 499
80 340
-
-
withholding
15 500
16 068
-
-
total
15 500
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 049
38 728
37 335
37 196
After tax
63 951
64 272
65 665
65 804
Living cost
1 952
1 952
1 952
1 952
Free-cash
61 999
62 320
63 713
63 852

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57186
₽37666
₽37664
₽52283
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
103 000
income
-
-
-
20 268
unemployment
-
-
-
1 105
health
-
-
-
7 585
pensions
-
-
-
19 146
total
-
-
-
48 104
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.

25 985
-
89 819
-
unemployment
195
-
552
-
pensions
3 638
-
10 309
-
income
3 582
-
20 268
-
health
1 338
-
3 792
-
total
8 753
-
34 921
-
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.

25 985
-
89 819
-
health
1 338
-
3 792
-
pensions
3 118
-
8 837
-
unemployment
195
-
552
-
total
4 651
-
13 181
-
Corporate
72 364
103 000
-
-
income
10 855
15 450
-
-
total
10 855
15 450
-
-
Dividends
61 509
87 550
-
-
withholding
9 226
13 132
-
-
total
9 226
13 132
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 485
28 582
48 102
48 104
After tax
69 515
74 418
54 898
54 896
Living cost
17 232
17 232
17 232
17 232
Free-cash
52 283
57 186
37 666
37 664

Estimated living cost  is ₽17232 per week

₽11602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31733
₽25149
₽30587
₽31375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
9 769
surtax
-
-
-
-
social contributions

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

-
-
-
35 792
total
-
-
-
45 561
Employee
38 658
-
83 233
-
surtax
-
-
-
-
social contributions
4 253
-
9 156
-
income
7 554
-
22 076
-
total
11 807
-
31 232
-
Employer
38 658
-
83 233
-
social contributions
9 180
-
19 767
-
total
9 180
-
19 767
-
Corporate
55 161
103 000
-
-
income
11 585
21 631
-
-
surtax
-
-
-
-
total
11 585
21 631
-
-
Dividends
43 577
81 369
-
-
withholding
12 201
22 784
-
-
total
12 201
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 773
44 415
50 999
45 561
After tax
58 227
58 585
52 001
57 439
Living cost
26 852
26 852
26 852
26 852
Free-cash
31 375
31 733
25 149
30 587

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34386
₽19200
₽20560
₽26790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
19 738
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
47 435
Employee
48 104
-
78 101
-
other
47
-
77
-
unemployment
745
-
1 210
-
pensions
2 261
-
3 671
-
income
10 047
-
18 938
-
total
13 100
-
23 896
-
Employer
48 104
-
78 101
-
pensions
11 352
-
18 431
-
accident
953
-
1 546
-
unemployment
2 646
-
4 296
-
other
386
-
626
-
total
15 337
-
24 899
-
Corporate
39 560
103 000
-
-
income

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

5 933
15 450
-
-
total
5 933
15 450
-
-
Dividends
33 626
87 550
-
-
withholding
6 835
18 159
-
-
total
6 835
18 159
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 205
33 609
48 795
47 435
After tax
61 795
69 391
54 205
55 565
Living cost
35 005
35 005
35 005
35 005
Free-cash
26 790
34 386
19 200
20 560

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70941
₽64402
₽61142
₽64874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
15 450
unemployment
-
-
-
139
health
-
-
-
3 999
pensions

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

-
-
-
5 146
total
-
-
-
24 734
Employee
22 675
-
96 178
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
pensions

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

1 991
-
3 053
-
income
2 268
-
9 618
-
health
1 043
-
1 599
-
total
5 551
-
14 652
-
Employer
22 675
-
96 178
-
health
1 565
-
2 399
-
pensions

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

2 499
-
3 832
-
accident

We are using the highest rate at 1.1%.

249
-
382
-
unemployment
136
-
209
-
total
4 449
-
6 822
-
Corporate
75 876
103 000
-
-
income
7 588
10 300
-
-
total
7 588
10 300
-
-
Dividends
68 288
92 700
-
-
withholding
3 414
4 635
-
-
total
3 414
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
21 002
14 935
21 474
24 734
After tax
81 998
88 065
81 526
78 266
Living cost
17 124
17 124
17 124
17 124
Free-cash
64 874
70 941
64 402
61 142

Estimated living cost  is ₽17124 per week

₽11326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14672
₽34441
₽26306
₽27705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income

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

-
-
-
22 085
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.

-
-
-
1 215
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.

-
-
-
6 805
trade
-
-
-
8 135
total
-
-
-
38 240
Employee

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

49 559
-
103 000
-
surtax

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

225
-
1 215
-
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.

4 075
-
22 085
-
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.

6 805
-
6 805
-
total
11 105
-
30 105
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 441
103 000
-
-
income
8 016
15 450
-
-
surtax

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

440
851
-
-
chamber of commerce
229
302
-
-
trade
7 668
14 781
-
-
total
16 353
31 384
-
-
Dividends
37 088
71 616
-
-
surtax

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

490
964
-
-
withholding
8 893
17 526
-
-
total
9 383
18 490
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 841
49 874
30 105
38 240
After tax
66 159
53 126
72 895
64 760
Living cost
38 454
38 454
38 454
38 454
Free-cash
27 705
14 672
34 441
26 306

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15361
₽12294
₽12294
₽17560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
24 736
social contributions
-
-
-
9 232
total
-
-
-
33 968
Employee
77 912
-
103 000
-
income
14 702
-
24 736
-
social contributions
6 473
-
9 232
-
total
21 175
-
33 968
-
Employer
77 912
-
103 000
-
total
-
-
-
-
Corporate
25 088
103 000
-
-
income
3 136
12 876
-
-
total
3 136
12 876
-
-
Dividends
21 952
90 124
-
-
withholding
4 391
18 025
-
-
total
4 391
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 702
30 901
33 968
33 968
After tax
74 298
72 099
69 032
69 032
Living cost
56 738
56 738
56 738
56 738
Free-cash
17 560
15 361
12 294
12 294

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
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.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25531
₽39542
₽32432
₽29134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
103 000
income
-
-
-
28 352
health

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

-
-
-
6 060
total
-
-
-
34 412
Employee
45 692
-
98 418
-
income
4 958
-
18 138
-
social contributions
4 578
-
4 582
-
total
9 536
-
22 720
-
Employer
45 692
-
98 418
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
52 730
103 000
-
-
income
18 455
36 051
-
-
total
18 455
36 051
-
-
Dividends
34 275
66 949
-
-
social contributions
5 141
5 262
-
-
total
5 141
5 262
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 710
41 313
27 302
34 412
After tax
65 290
61 687
75 698
68 588
Living cost
36 156
36 156
36 156
36 156
Free-cash
29 134
25 531
39 542
32 432

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38321
₽27565
₽36857
₽34752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
21 828
pensions
-
-
-
7 488
total
-
-
-
29 316
Employee
50 550
-
90 639
-
pensions
3 858
-
8 668
-
income
9 206
-
16 099
-
health
659
-
1 480
-
total
13 723
-
26 247
-
Employer
50 550
-
90 639
-
health
961
-
1 723
-
pensions
5 107
-
10 638
-
total
6 068
-
12 361
-
Corporate
46 382
103 000
-
-
income

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

8 813
19 571
-
-
total
8 813
19 571
-
-
Dividends
37 569
83 429
-
-
withholding
2 817
8 281
-
-
total
2 817
8 281
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 421
27 852
38 608
29 316
After tax
71 579
75 148
64 392
73 684
Living cost
36 827
36 827
36 827
36 827
Free-cash
34 752
38 321
27 565
36 857

Estimated living cost  is ₽36827 per week

₽25263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15661
₽29325
₽46676
₽4662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
25 302
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
32 320
Employee
37 760
-
88 262
-
pensions
4 252
-
7 688
-
income
5 180
-
17 138
-
health
4 323
-
10 106
-
total
13 755
-
34 932
-
Employer
37 760
-
88 262
-
pensions
6 139
-
11 102
-
accident
631
-
1 474
-
unemployment
925
-
2 163
-
total
7 695
-
14 739
-
Corporate
57 545
103 000
-
-
income

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

51 791
92 700
-
-
total
51 791
92 700
-
-
Dividends
5 754
10 300
-
-
withholding
1 093
1 957
-
-
total
1 093
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
74 334
94 657
49 671
32 320
After tax
28 666
8 343
53 329
70 680
Living cost
24 004
24 004
24 004
24 004
Free-cash
4 662
-15 661
29 325
46 676

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73218
₽51754
₽45333
₽69250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
15 886
unemployment
-
-
-
1 236
work injury
-
-
-
515
health insurance
-
-
-
7 622
pensions
-
-
-
18 952
total
-
-
-
44 211
Employee

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

21 529
-
103 000
-
health insurance
1 593
-
5 894
-
unemployment
258
-
956
-
work injury
108
-
398
-
pensions
3 961
-
14 656
-
income
2 153
-
15 886
-
total
8 073
-
37 790
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 471
103 000
-
-
income

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

-
1 030
-
-
total
-
1 030
-
-
Dividends
81 471
101 970
-
-
withholding
12 221
15 296
-
-
total
12 221
15 296
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 294
16 326
37 790
44 211
After tax
82 706
86 674
65 210
58 789
Living cost
13 456
13 456
13 456
13 456
Free-cash
69 250
73 218
51 754
45 333

Estimated living cost  is ₽13456 per week

₽8336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14575
₽7224
₽11937
₽10044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
social contributions
-
-
-
26 492
regional
-
-
-
2 087
municipal
-
-
-
688
national
-
-
-
22 117
total
-
-
-
51 384
Employee
83 932
-
103 000
-
municipal
501
-
614
-
national
14 184
-
18 987
-
regional
1 267
-
1 764
-
social contributions
28 301
-
34 732
-
total
44 253
-
56 097
-
Employer
83 932
-
103 000
-
total
-
-
-
-
Corporate
19 068
103 000
-
-
municipal
919
4 965
-
-
nationa
4 576
24 719
-
-
total
5 495
29 684
-
-
Dividends
13 574
73 315
-
-
withholding
3 529
19 062
-
-
total
3 529
19 062
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 277
48 746
56 097
51 384
After tax
49 723
54 254
46 903
51 616
Living cost
39 679
39 679
39 679
39 679
Free-cash
10 044
14 575
7 224
11 937

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close