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
₽23615
₽43659
₽34312
₽34000
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 212
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.

-
-
-
1 277
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.

-
-
-
6 414
trade
-
-
-
9 347
total
-
-
-
40 250
Employee

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

35 910
-
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.

55
-
1 277
-
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.

1 003
-
23 212
-
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.

6 414
-
6 414
-
total
7 472
-
30 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 090
103 000
-
-
income
10 063
15 449
-
-
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.

554
850
-
-
chamber of commerce
239
290
-
-
trade
10 567
16 222
-
-
total
21 423
32 811
-
-
Dividends
45 667
70 188
-
-
surtax

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

608
946
-
-
withholding
11 059
17 190
-
-
total
11 667
18 136
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 562
50 947
30 903
40 250
After tax
62 438
52 053
72 097
62 750
Living cost
28 438
28 438
28 438
28 438
Free-cash
34 000
23 615
43 659
34 312

Estimated living cost  is ₽28438 per week

₽17888
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6703
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽14321
₽12896
₽12088
₽13491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 784
national
-
-
-
16 710
pensions
-
-
-
12 360
total
-
-
-
40 961
Employee
77 434
-
89 043
-
municipal
9 564
-
11 183
-
pensions
3 097
-
3 562
-
national
14 821
-
17 328
-
total
27 482
-
32 073
-
Employer
77 434
-
89 043
-
pensions
6 195
-
7 123
-
social contributions
832
-
957
-
total
7 027
-
8 080
-
Corporate
13 429
103 000
-
-
income

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

2 686
20 600
-
-
total
2 686
20 600
-
-
Dividends
10 743
82 400
-
-
withholding
2 363
18 128
-
-
total
2 363
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 558
38 728
40 153
40 961
After tax
63 442
64 272
62 847
62 039
Living cost
49 951
49 951
49 951
49 951
Free-cash
13 491
14 321
12 896
12 088

Estimated living cost  is ₽49951 per week

₽33951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62867
₽38419
₽35347
₽55165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 005
surtax
-
-
-
-
social contributions

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

-
-
-
33 115
microenterprise
-
-
-
-
total
-
-
-
48 120
Employee
27 434
-
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.

3 018
-
9 131
-
income
4 884
-
15 921
-
total
7 902
-
25 052
-
Employer
27 434
-
83 004
-
social contributions

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

6 608
-
19 996
-
surtax
-
-
-
-
total
6 608
-
19 996
-
Corporate
68 957
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%.

13 792
20 600
-
-
total
13 792
20 600
-
-
Dividends

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

55 165
82 400
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 302
20 600
45 048
48 120
After tax
74 698
82 400
57 952
54 880
Living cost
19 533
19 533
19 533
19 533
Free-cash
55 165
62 867
38 419
35 347

Estimated living cost  is ₽19533 per week

₽12461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10734
₽13304
₽19274
₽4982
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 818
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
44 395
Employee
80 176
80 176
87 652
-
pensions
14 432
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
12 306
10 467
10 893
-
total
39 862
34 591
35 017
-
Employer
80 176
80 176
87 652
-
health
5 573
5 573
6 092
-
pensions
5 580
5 580
6 101
-
unemployment
2 886
2 886
3 155
-
total
14 039
14 039
15 348
-
Corporate
9 767
8 784
-
-
income
1 953
1 757
-
-
total
1 953
1 757
-
-
Dividends
7 815
7 027
-
-
income
1 661
1 493
-
-
withholding
1 172
1 055
-
-
total
2 833
2 548
-
-
Income
103 000
103 000
103 000
103 000
Total tax
58 687
52 935
50 365
44 395
After tax
44 313
50 065
52 635
58 605
Living cost
39 331
39 331
39 331
39 331
Free-cash
4 982
10 734
13 304
19 274

Estimated living cost  is ₽39331 per week

₽27873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7287
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18475
₽17195
₽17520
₽17625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 617
unemployment
-
-
-
83
health
-
-
-
5 164
municipal
-
-
-
23 565
national
-
-
-
176
pensions
-
-
-
8 947
total
-
-
-
47 717
Employee
53 808
-
78 375
-
municipal
16 046
-
23 371
-
national
-
-
46
-
total
16 046
-
23 417
-
Employer
53 808
-
78 375
-
health
3 309
-
4 820
-
pensions
5 817
-
8 472
-
accident
108
-
157
-
unemployment
1 421
-
2 069
-
other
6 253
-
9 107
-
total
16 908
-
24 625
-
Corporate
32 285
103 000
-
-
income
7 103
22 660
-
-
total
7 103
22 660
-
-
Dividends
25 182
80 340
-
-
withholding
7 555
24 102
-
-
total
7 555
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 612
46 762
48 042
47 717
After tax
55 388
56 238
54 958
55 283
Living cost
37 763
37 763
37 763
37 763
Free-cash
17 625
18 475
17 195
17 520

Estimated living cost  is ₽37763 per week

₽25028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3706
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.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14640
₽35214
₽25452
₽27831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 212
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.

-
-
-
1 277
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.

-
-
-
6 414
trade
-
-
-
9 762
total
-
-
-
40 665
Employee

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

47 612
-
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.

224
-
1 277
-
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.

4 091
-
23 212
-
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.

6 414
-
6 414
-
total
10 729
-
30 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 388
103 000
-
-
income
8 308
15 449
-
-
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.

456
850
-
-
chamber of commerce
221
289
-
-
trade
9 112
16 944
-
-
total
18 097
33 532
-
-
Dividends
37 291
69 468
-
-
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.

494
935
-
-
withholding
8 966
17 010
-
-
total
9 460
17 945
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 286
51 477
30 903
40 665
After tax
64 714
51 523
72 097
62 335
Living cost
36 883
36 883
36 883
36 883
Free-cash
27 831
14 640
35 214
25 452

Estimated living cost  is ₽36883 per week

₽24668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44890
₽41270
₽41986
₽40997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 744
social contributions
-
-
-
15 191
health
-
-
-
2 626
total
-
-
-
30 561
Employee
72 195
72 195
93 509
-
social contributions
3 508
5 992
7 761
-
income
7 581
6 683
12 436
-
health
718
1 228
1 589
-
total
11 807
13 903
21 786
-
Employer
72 195
72 195
93 509
-
health
782
1 336
1 730
-
social contributions
3 508
5 992
7 761
-
total
4 290
7 328
9 491
-
Corporate
56 450
23 477
-
-
income
7 056
2 934
-
-
total
7 056
2 934
-
-
Dividends
49 394
20 542
-
-
withholding
8 397
3 492
-
-
total
8 397
3 492
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 550
27 657
31 277
30 561
After tax
71 450
75 343
71 723
72 439
Living cost
30 453
30 453
30 453
30 453
Free-cash
40 997
44 890
41 270
41 986

Estimated living cost  is ₽30453 per week

₽20817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41161
₽42886
₽54529
₽41512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 286
9 665
86 192
-
unemployment
364
145
1 293
-
pensions
2 429
967
8 619
-
income
2 969
1 182
10 537
-
health
1 700
677
6 033
-
total
7 462
2 971
26 482
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 286
9 665
86 192
-
pensions
4 736
1 885
16 808
-
total
4 736
1 885
16 808
-
Corporate
73 979
91 450
-
-
income
6 658
8 230
-
-
total
6 658
8 230
-
-
Dividends
67 321
83 219
-
-
social contributions
13 017
16 117
-
-
withholding
12 791
15 812
-
-
total
25 808
31 929
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 664
45 015
43 290
31 647
After tax
58 336
57 985
59 710
71 353
Living cost
16 824
16 824
16 824
16 824
Free-cash
41 512
41 161
42 886
54 529

Estimated living cost  is ₽16824 per week

₽11481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59723
₽36691
₽32531
₽53889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 803
health
-
-
-
13 389
pensions
-
-
-
20 600
total
-
-
-
47 792
Employee
26 635
-
76 980
-
unemployment
426
-
1 231
-
pensions
533
-
1 539
-
income
2 999
-
14 842
-
total
3 958
-
17 612
-
Employer
26 635
-
76 980
-
health
3 462
-
10 008
-
pensions
5 327
-
15 396
-
unemployment
214
-
616
-
total
9 003
-
26 020
-
Corporate
67 363
103 000
-
-
income
13 473
20 600
-
-
total
13 473
20 600
-
-
Dividends
53 889
82 400
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 434
20 600
43 632
47 792
After tax
76 566
82 400
59 368
55 208
Living cost
22 677
22 677
22 677
22 677
Free-cash
53 889
59 723
36 691
32 531

Estimated living cost  is ₽22677 per week

₽15554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12588
₽32747
₽49712
₽5131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
25 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
32 357
Employee
32 926
-
88 857
-
pensions
3 708
-
7 259
-
income
4 517
-
17 746
-
health
3 770
-
10 174
-
total
11 995
-
35 179
-
Employer
32 926
-
88 857
-
pensions
5 354
-
10 482
-
accident
550
-
1 484
-
unemployment
807
-
2 177
-
total
6 711
-
14 143
-
Corporate
63 364
103 000
-
-
income

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

57 028
92 700
-
-
total
57 028
92 700
-
-
Dividends
6 336
10 300
-
-
withholding
1 204
1 957
-
-
total
1 204
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 938
94 657
49 322
32 357
After tax
26 062
8 343
53 678
70 643
Living cost
20 931
20 931
20 931
20 931
Free-cash
5 131
-12 588
32 747
49 712

Estimated living cost  is ₽20931 per week

₽15341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90299
₽74849
₽94419
₽88884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
9 438
-
103 000
-
income
1 887
-
20 600
-
total
1 887
-
20 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

93 562
103 000
-
-
total
-
-
-
-
Dividends
93 562
103 000
-
-
withholding
4 678
5 150
-
-
total
4 678
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 565
5 150
20 600
1 030
After tax
96 435
97 850
82 400
101 970
Living cost
7 551
7 551
7 551
7 551
Free-cash
88 884
90 299
74 849
94 419

Estimated living cost  is ₽7551 per week

₽4680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50657
₽34861
₽30596
₽44319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 240
other
-
-
-
4 893
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
-
-
-
47 387
Employee
34 090
-
82 270
-
unemployment
340
-
823
-
pensions

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

2 386
-
5 758
-
income
5 869
-
14 662
-
health
477
-
1 151
-
total
9 072
-
22 394
-
Employer
34 090
-
82 270
-
health
477
-
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.

5 796
-
13 985
-
accident
273
-
657
-
unemployment
340
-
823
-
other
1 705
-
4 112
-
total
8 591
-
20 728
-
Corporate
60 319
103 000
-
-
income
12 666
21 630
-
-
total
12 666
21 630
-
-
Dividends
47 653
81 370
-
-
withholding
3 335
5 696
-
-
total
3 335
5 696
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 664
27 326
43 122
47 387
After tax
69 336
75 674
59 878
55 613
Living cost
25 017
25 017
25 017
25 017
Free-cash
44 319
50 657
34 861
30 596

Estimated living cost  is ₽25017 per week

₽17676
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.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11212
₽736
₽10033
₽1239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
22 755
pensions
-
-
-
7 216
total
-
-
-
29 971
Employee
89 130
-
90 559
-
pensions
8 599
-
8 771
-
income
16 067
-
16 558
-
health
1 469
-
1 498
-
total
26 135
-
26 827
-
Employer
89 130
-
90 559
-
health
1 693
-
1 720
-
pensions
10 524
-
10 721
-
total
12 217
-
12 441
-
Corporate
1 653
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.

313
19 570
-
-
total
313
19 570
-
-
Dividends
1 340
83 430
-
-
withholding
100
9 222
-
-
total
100
9 222
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 765
28 792
39 268
29 971
After tax
64 235
74 208
63 732
73 029
Living cost
62 996
62 996
62 996
62 996
Free-cash
1 239
11 212
736
10 033

Estimated living cost  is ₽62996 per week

₽47204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7402
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75755
₽69848
₽66483
₽71395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
24 207
Employee
16 300
-
96 566
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
pensions

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

1 431
-
2 880
-
income
1 630
-
9 657
-
health
750
-
1 509
-
total
3 990
-
14 407
-
Employer
16 300
-
96 566
-
health
1 125
-
2 263
-
pensions

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

1 796
-
3 614
-
accident

We are using the highest rate at 1.1%.

179
-
361
-
unemployment
97
-
197
-
total
3 197
-
6 435
-
Corporate
83 501
103 000
-
-
income
8 350
10 300
-
-
total
8 350
10 300
-
-
Dividends
75 151
92 700
-
-
withholding
3 758
4 635
-
-
total
3 758
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 295
14 935
20 842
24 207
After tax
83 705
88 065
82 158
78 793
Living cost
12 310
12 310
12 310
12 310
Free-cash
71 395
75 755
69 848
66 483

Estimated living cost  is ₽12310 per week

₽7187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3918
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1997
₽573
₽6543
₽364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 818
health
-
-
-
11 577
pensions
-
-
-
11 000
total
-
-
-
44 395
Employee
87 046
80 176
87 652
-
pensions
11 000
11 000
11 000
-
income

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

13 124
13 124
13 124
-
health
10 859
10 467
10 893
-
total
34 983
34 591
35 017
-
Employer
87 046
80 176
87 652
-
health
6 049
5 573
6 092
-
pensions
6 058
5 580
6 101
-
unemployment
3 134
2 886
3 155
-
total
15 241
14 039
15 348
-
Corporate
713
8 784
-
-
income
143
1 757
-
-
total
143
1 757
-
-
Dividends
571
7 027
-
-
income
121
1 493
-
-
withholding
86
1 055
-
-
total
207
2 548
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 574
52 935
50 365
44 395
After tax
52 426
50 065
52 635
58 605
Living cost
52 062
52 062
52 062
52 062
Free-cash
364
-1 997
573
6 543

Estimated living cost  is ₽52062 per week

₽38405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47925
₽29279
₽27176
₽39724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
33 809
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 198
-
4 996
-
income
4 057
-
9 224
-
health
4 564
-
10 377
-
total
10 819
-
24 597
-
Employer
33 809
-
76 866
-
health
3 043
-
6 918
-
social contributions
8 452
-
19 216
-
total
11 495
-
26 134
-
Corporate
57 695
103 000
-
-
income
10 962
19 570
-
-
total
10 962
19 570
-
-
Dividends
46 733
83 430
-
-
withholding
7 010
12 515
-
-
total
7 010
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 286
32 085
50 731
52 834
After tax
62 714
70 915
52 269
50 166
Living cost
22 990
22 990
22 990
22 990
Free-cash
39 724
47 925
29 279
27 176

Estimated living cost  is ₽22990 per week

₽15969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15338
₽7709
₽12608
₽10434
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 153
municipal
-
-
-
613
national
-
-
-
22 517
total
-
-
-
50 775
Employee
83 442
-
103 000
-
municipal
442
-
547
-
national
14 458
-
19 385
-
regional
787
-
1 010
-
social contributions
28 137
-
34 732
-
total
43 824
-
55 674
-
Employer
83 442
-
103 000
-
total
-
-
-
-
Corporate
19 558
103 000
-
-
municipal
763
4 018
-
-
nationa
4 695
24 719
-
-
total
5 458
28 737
-
-
Dividends
14 101
74 263
-
-
withholding
3 667
19 308
-
-
total
3 667
19 308
-
-
Income
103 000
103 000
103 000
103 000
Total tax
52 949
48 045
55 674
50 775
After tax
50 051
54 955
47 326
52 225
Living cost
39 617
39 617
39 617
39 617
Free-cash
10 434
15 338
7 709
12 608

Estimated living cost  is ₽39617 per week

₽27616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44068
₽29329
₽31014
₽41149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 507
other
-
-
-
-
surtax
-
-
-
2 633
unemployment
-
-
-
214
health
-
-
-
7 314
pensions
-
-
-
20 600
total
-
-
-
51 268
Employee
31 048
-
85 089
-
other
-
-
-
-
unemployment
2 161
-
5 922
-
pensions
2 070
-
5 675
-
surtax
102
-
2 366
-
income
5 204
-
18 909
-
health
793
-
2 170
-
total
10 330
-
35 042
-
Employer
31 048
-
85 089
-
health
1 413
-
3 872
-
pensions
4 139
-
11 342
-
unemployment
983
-
2 697
-
other
-
-
-
-
total
6 535
-
17 911
-
Corporate
65 417
103 000
-
-
income
17 008
26 781
-
-
total
17 008
26 781
-
-
Dividends
48 408
76 219
-
-
withholding
7 260
11 433
-
-
total
7 260
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 133
38 214
52 953
51 268
After tax
61 867
64 786
50 047
51 732
Living cost
20 718
20 718
20 718
20 718
Free-cash
41 149
44 068
29 329
31 014

Estimated living cost  is ₽20718 per week

₽12668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31171
₽20695
₽29992
₽26724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
22 755
pensions
-
-
-
7 216
total
-
-
-
29 971
Employee
59 733
-
90 559
-
pensions
5 070
-
8 771
-
income
10 758
-
16 558
-
health
867
-
1 498
-
total
16 695
-
26 827
-
Employer
59 733
-
90 559
-
health
1 135
-
1 720
-
pensions
6 466
-
10 721
-
total
7 601
-
12 441
-
Corporate
35 666
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.

6 777
19 570
-
-
total
6 777
19 570
-
-
Dividends
28 889
83 430
-
-
withholding
2 166
9 222
-
-
total
2 166
9 222
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 239
28 792
39 268
29 971
After tax
69 761
74 208
63 732
73 029
Living cost
43 037
43 037
43 037
43 037
Free-cash
26 724
31 171
20 695
29 992

Estimated living cost  is ₽43037 per week

₽32243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27182
₽6324
₽11428
₽4600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 690
health
-
-
-
242
city
-
-
-
1 086
national
-
-
-
738
pensions
-
-
-
9 476
total
-
-
-
17 292
Employee
86 926
-
92 191
-
unemployment
-
-
-
-
pensions
7 303
-
7 744
-
national
411
-
528
-
regional
2 846
-
3 131
-
city
933
-
990
-
health
197
-
208
-
total
11 690
-
12 601
-
Employer
86 926
-
92 191
-
health
197
-
208
-
pensions
7 303
-
7 744
-
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.

1 738
-
1 843
-
total
9 238
-
9 795
-
Corporate
5 880
103 000
-
-
regional
1 244
21 785
-
-
national
500
8 755
-
-
total
1 744
30 540
-
-
Dividends
4 137
72 460
-
-
withholding
1 448
25 362
-
-
total
1 448
25 362
-
-
Income
103 000
103 000
103 000
103 000
Total tax
24 120
55 902
22 396
17 292
After tax
78 880
47 098
80 604
85 708
Living cost
74 280
74 280
74 280
74 280
Free-cash
4 600
-27 182
6 324
11 428

Estimated living cost  is ₽74280 per week

₽48303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽912
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7983
₽29087
₽18908
₽23208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 212
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.

-
-
-
1 277
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.

-
-
-
6 414
trade
-
-
-
10 179
total
-
-
-
41 082
Employee

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

56 425
-
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.

365
-
1 277
-
income

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

6 635
-
23 212
-
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.

6 414
-
6 414
-
total
13 414
-
30 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 575
103 000
-
-
income
6 986
15 449
-
-
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.

385
850
-
-
chamber of commerce
208
287
-
-
trade
7 987
17 664
-
-
total
15 566
34 250
-
-
Dividends
31 008
68 750
-
-
surtax

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

406
926
-
-
withholding
7 396
16 830
-
-
total
7 802
17 756
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 782
52 006
30 903
41 082
After tax
66 218
50 994
72 097
61 918
Living cost
43 010
43 010
43 010
43 010
Free-cash
23 208
7 983
29 087
18 908

Estimated living cost  is ₽43010 per week

₽31413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3440
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19790
₽31368
₽26933
₽25336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 099
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 934
health
-
-
-
2 407
pensions
-
-
-
24 312
total
-
-
-
43 945
Employee
40 183
-
83 107
-
pensions
4 543
-
4 289
-
surtax
-
-
-
-
social contributions
1 146
-
2 368
-
income
2 371
-
12 960
-
total
8 060
-
19 617
-
Employer
40 183
-
83 107
-
health
2 813
-
5 925
-
pensions
6 601
-
7 486
-
unemployment
1 627
-
3 366
-
social contributions
121
-
249
-
other
1 386
-
2 867
-
total
12 548
-
19 893
-
Corporate
50 269
103 000
-
-
income
14 075
28 840
-
-
surtax
-
-
-
-
total
14 075
28 840
-
-
Dividends
36 193
74 160
-
-
surtax
-
-
-
-
social contributions
6 227
12 755
-
-
withholding
4 632
9 493
-
-
total
10 859
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 542
51 088
39 510
43 945
After tax
57 458
51 912
63 490
59 055
Living cost
32 122
32 122
32 122
32 122
Free-cash
25 336
19 790
31 368
26 933

Estimated living cost  is ₽32122 per week

₽20254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8711
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22972
₽34550
₽30115
₽28190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 099
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 934
health
-
-
-
2 407
pensions
-
-
-
24 312
total
-
-
-
43 945
Employee
35 869
-
83 107
-
pensions
4 057
-
4 289
-
surtax
-
-
-
-
social contributions
1 023
-
2 368
-
income
1 849
-
12 960
-
total
6 929
-
19 617
-
Employer
35 869
-
83 107
-
health
2 510
-
5 925
-
pensions
5 894
-
7 486
-
unemployment
1 452
-
3 366
-
social contributions
107
-
249
-
other
1 238
-
2 867
-
total
11 201
-
19 893
-
Corporate
55 930
103 000
-
-
income
15 661
28 840
-
-
surtax
-
-
-
-
total
15 661
28 840
-
-
Dividends
40 269
74 160
-
-
surtax
-
-
-
-
social contributions
6 925
12 755
-
-
withholding
5 154
9 493
-
-
total
12 079
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 870
51 088
39 510
43 945
After tax
57 130
51 912
63 490
59 055
Living cost
28 940
28 940
28 940
28 940
Free-cash
28 190
22 972
34 550
30 115

Estimated living cost  is ₽28940 per week

₽16784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42932
₽45947
₽46239
₽43416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 449
social contributions
-
-
-
14 214
health
-
-
-
7 189
total
-
-
-
36 852
Employee
31 834
-
103 000
-
social contributions
4 394
-
14 214
-
income
5 309
-
15 741
-
health
2 222
-
7 189
-
total
11 925
-
37 144
-
Employer
31 834
-
103 000
-
total
-
-
-
-
Corporate
71 166
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%.

3 558
5 149
-
-
total
3 558
5 149
-
-
Dividends
67 608
97 851
-
-
social contributions
9 331
13 503
-
-
withholding
10 141
14 678
-
-
health
4 720
6 829
-
-
total
24 192
35 010
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 675
40 159
37 144
36 852
After tax
63 325
62 841
65 856
66 148
Living cost
19 909
19 909
19 909
19 909
Free-cash
43 416
42 932
45 947
46 239

Estimated living cost  is ₽19909 per week

₽13324
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.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24505
-₽3005
₽18324
₽23049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
18 305
surtax
-
-
-
185
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
412
health
-
-
-
7 879
pensions
-
-
-
19 055
total
-
-
-
51 594
Employee
46 921
37 416
79 836
-
other
469
374
798
-
unemployment
1 408
1 122
2 395
-
pensions
4 805
3 831
8 174
-
income
5 342
2 760
16 235
-
health
1 816
1 449
3 089
-
total
13 840
9 536
30 691
-
Employer
46 921
37 416
79 836
-
chamber of commerce
187
150
319
-
health
1 773
1 415
3 018
-
pensions
5 889
4 697
10 020
-
accident
609
486
1 039
-
unemployment
1 408
1 122
2 395
-
surtax
185
185
185
-
payroll
1 408
1 122
2 395
-
other
2 229
1 776
3 793
-
total
13 688
10 953
23 164
-
Corporate
42 392
54 630
76 273
-
income

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

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

10 598
13 657
19 068
-
total
10 598
13 657
19 068
-
Dividends
31 795
40 974
-
-
withholding
8 743
11 267
-
-
total
8 743
11 267
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 869
45 413
72 923
51 594
After tax
56 131
57 587
30 077
51 406
Living cost
33 082
33 082
33 082
33 082
Free-cash
23 049
24 505
-3 005
18 324

Estimated living cost  is ₽33082 per week

₽22065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽23501
₽5374
₽13032
₽9418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 187
social contributions
-
-
-
16 559
national
-
-
-
33 989
total
-
-
-
55 735
Employee

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

67 159
-
79 777
-
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.

584
-
695
-
communal

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

3 503
-
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.

5 037
-
5 983
-
national
20 647
-
25 583
-
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.

3 155
-
3 750
-
total
32 926
-
40 171
-
Employer

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

67 159
-
79 777
-
health

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

4 130
-
4 905
-
pensions

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

5 951
-
7 068
-
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.

873
-
1 037
-
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.

980
-
1 165
-
surtax
7 615
-
9 047
-
total
19 549
-
23 222
-
Corporate
16 293
103 000
-
-
income
3 259
20 600
-
-
surtax
66
412
-
-
total
3 325
21 012
-
-
Dividends
12 968
81 988
-
-
withholding

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

3 549
24 254
-
-
total
3 549
24 254
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 349
45 266
63 393
55 735
After tax
43 651
57 734
39 607
47 265
Living cost
34 233
34 233
34 233
34 233
Free-cash
9 418
23 501
5 374
13 032

Estimated living cost  is ₽34233 per week

₽22050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35472
₽19831
₽22194
₽27991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
20 792
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
46 899
Employee
46 735
-
78 101
-
other
46
-
78
-
unemployment
725
-
1 210
-
pensions
2 197
-
3 670
-
income
9 861
-
19 404
-
total
12 829
-
24 362
-
Employer
46 735
-
78 101
-
pensions
11 029
-
18 432
-
accident
925
-
1 547
-
unemployment
2 571
-
4 296
-
other
372
-
625
-
total
14 897
-
24 900
-
Corporate
41 368
103 000
-
-
income

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

6 206
15 449
-
-
total
6 206
15 449
-
-
Dividends
35 162
87 551
-
-
withholding
7 170
18 172
-
-
total
7 170
18 172
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 102
33 621
49 262
46 899
After tax
61 898
69 379
53 738
56 101
Living cost
33 907
33 907
33 907
33 907
Free-cash
27 991
35 472
19 831
22 194

Estimated living cost  is ₽33907 per week

₽24969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11695
₽10980
₽6653
₽4855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 165
surtax
-
-
-
5 106
health
-
-
-
7 237
pensions
-
-
-
15 438
total
-
-
-
45 324
Employee
71 101
-
92 005
-
pensions
5 687
-
7 360
-
surtax
4 358
-
5 639
-
income
6 868
-
12 910
-
health
3 164
-
4 094
-
total
20 077
-
30 003
-
Employer
71 101
-
92 005
-
health
2 168
-
2 806
-
pensions
5 687
-
7 360
-
accident
640
-
828
-
total
8 495
-
10 994
-
Corporate
23 404
103 000
-
-
communal
-
6 952
-
-
income
3 510
15 449
-
-
surtax
246
1 081
-
-
total
3 756
23 482
-
-
Dividends
19 649
79 517
-
-
income
11 847
4 873
-
-
withholding
2 947
11 927
-
-
total
14 794
16 800
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 122
40 282
40 997
45 324
After tax
55 878
62 718
62 003
57 676
Living cost
51 023
51 023
51 023
51 023
Free-cash
4 855
11 695
10 980
6 653

Estimated living cost  is ₽51023 per week

₽38274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3091
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43698
₽28959
₽30644
₽40713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 507
other
-
-
-
-
surtax
-
-
-
2 633
unemployment
-
-
-
214
health
-
-
-
7 314
pensions
-
-
-
20 600
total
-
-
-
51 268
Employee
31 618
-
85 089
-
other
-
-
-
-
unemployment
2 200
-
5 922
-
pensions
2 110
-
5 675
-
surtax
112
-
2 366
-
income
5 301
-
18 909
-
health
807
-
2 170
-
total
10 530
-
35 042
-
Employer
31 618
-
85 089
-
health
1 438
-
3 872
-
pensions
4 216
-
11 342
-
unemployment
1 003
-
2 697
-
other
-
-
-
-
total
6 657
-
17 911
-
Corporate
64 725
103 000
-
-
income
16 828
26 781
-
-
total
16 828
26 781
-
-
Dividends
47 897
76 219
-
-
withholding
7 184
11 433
-
-
total
7 184
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 199
38 214
52 953
51 268
After tax
61 801
64 786
50 047
51 732
Living cost
21 088
21 088
21 088
21 088
Free-cash
40 713
43 698
28 959
30 644

Estimated living cost  is ₽21088 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28850
₽21660
₽26534
₽26764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
613
national
-
-
-
22 517
total
-
-
-
51 175
Employee
52 081
-
103 000
-
municipal
276
-
547
-
national
8 251
-
19 385
-
regional
701
-
1 385
-
social contributions
17 562
-
34 732
-
total
26 790
-
56 049
-
Employer
52 081
-
103 000
-
total
-
-
-
-
Corporate
50 919
103 000
-
-
municipal
2 530
5 119
-
-
nationa
12 221
24 719
-
-
total
14 751
29 838
-
-
Dividends
36 168
73 162
-
-
withholding
9 404
19 021
-
-
total
9 404
19 021
-
-
Income
103 000
103 000
103 000
103 000
Total tax
50 945
48 859
56 049
51 175
After tax
52 055
54 141
46 951
51 825
Living cost
25 291
25 291
25 291
25 291
Free-cash
26 764
28 850
21 660
26 534

Estimated living cost  is ₽25291 per week

₽15729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42585
₽23939
₽21836
₽32478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
41 662
-
76 866
-
solidarity contribution
-
-
-
-
social contributions
2 708
-
4 996
-
income
4 999
-
9 224
-
health
5 624
-
10 377
-
total
13 331
-
24 597
-
Employer
41 662
-
76 866
-
health
3 750
-
6 918
-
social contributions
10 416
-
19 216
-
total
14 166
-
26 134
-
Corporate
47 173
103 000
-
-
income
8 963
19 570
-
-
total
8 963
19 570
-
-
Dividends
38 210
83 430
-
-
withholding
5 732
12 515
-
-
total
5 732
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 192
32 085
50 731
52 834
After tax
60 808
70 915
52 269
50 166
Living cost
28 330
28 330
28 330
28 330
Free-cash
32 478
42 585
23 939
21 836

Estimated living cost  is ₽28330 per week

₽21068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27732
₽155
₽21637
₽27267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
18 305
surtax
-
-
-
-
unemployment
-
-
-
5 758
chamber of commerce
-
-
-
412
health
-
-
-
7 879
pensions
-
-
-
19 055
total
-
-
-
51 409
Employee
41 041
37 416
79 977
-
other
410
374
800
-
unemployment
1 231
1 122
2 400
-
pensions
4 203
3 831
8 190
-
income
3 656
2 760
16 281
-
health
1 587
1 449
3 095
-
total
11 087
9 536
30 766
-
Employer
41 041
37 416
79 977
-
chamber of commerce
164
150
321
-
health
1 552
1 415
3 024
-
pensions
5 151
4 697
10 036
-
accident
533
486
1 041
-
unemployment
1 231
1 122
2 400
-
surtax
-
-
-
-
payroll
1 231
1 122
2 400
-
other
1 949
1 776
3 800
-
total
11 811
10 768
23 022
-
Corporate
50 148
54 816
76 415
-
income

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

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

12 538
13 703
19 103
-
total
12 538
13 703
19 103
-
Dividends
37 610
41 113
-
-
withholding
10 343
11 307
-
-
total
10 343
11 307
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 779
45 314
72 891
51 409
After tax
57 221
57 686
30 109
51 591
Living cost
29 954
29 954
29 954
29 954
Free-cash
27 267
27 732
155
21 637

Estimated living cost  is ₽29954 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86083
₽70633
₽90203
₽83876
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
microenterprise

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

-
-
-
1 030
total
-
-
-
1 030
Employee
14 709
-
103 000
-
income
2 942
-
20 600
-
total
2 942
-
20 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 291
103 000
-
-
total
-
-
-
-
Dividends
88 291
103 000
-
-
withholding
4 415
5 150
-
-
total
4 415
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 357
5 150
20 600
1 030
After tax
95 643
97 850
82 400
101 970
Living cost
11 767
11 767
11 767
11 767
Free-cash
83 876
86 083
70 633
90 203

Estimated living cost  is ₽11767 per week

₽7963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45732
₽24756
₽27706
₽37880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 009
unemployment
-
-
-
155
health
-
-
-
10 136
pensions
-
-
-
18 811
total
-
-
-
50 111
Employee

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

41 517
-
89 124
-
unemployment
59
-
125
-
pensions
6 435
-
13 814
-
income
7 160
-
19 489
-
health
2 681
-
5 757
-
total
16 335
-
39 185
-
Employer

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

41 517
-
89 124
-
health
2 765
-
5 935
-
pensions
3 674
-
7 888
-
unemployment
25
-
53
-
total
6 464
-
13 876
-
Corporate
55 019
103 000
-
-
income
10 453
19 570
-
-
total
10 453
19 570
-
-
Dividends
44 565
83 430
-
-
withholding
6 685
12 515
-
-
total
6 685
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 937
32 085
53 061
50 111
After tax
63 063
70 915
49 939
52 889
Living cost
25 183
25 183
25 183
25 183
Free-cash
37 880
45 732
24 756
27 706

Estimated living cost  is ₽25183 per week

₽17282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1614
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22564
₽50673
₽31080
-₽35573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 499
-
-
-
social contributions
4 715
-
672
-
income
12 683
-
-
-
total
17 398
-
672
-
Employer
57 499
-
-
-
social contributions
81 074
-
11 554
-
total
81 074
-
11 554
-
Corporate
-
103 000
-
-
income
-
22 660
-
-
total
-
22 660
-
-
Dividends
-
80 340
-
-
income
-
17 675
-
-
total
-
17 675
-
-
Income
103 000
103 000
103 000
103 000
Total tax
98 472
40 335
12 226
31 819
After tax
4 528
62 665
90 774
71 181
Living cost
40 101
40 101
40 101
40 101
Free-cash
-35 573
22 564
50 673
31 080

Estimated living cost  is ₽40101 per week

₽26019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3772
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29136
₽21905
₽27715
₽28191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 042
surtax
-
-
-
-
social contributions

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

-
-
-
35 793
total
-
-
-
45 835
Employee
43 181
-
83 232
-
surtax
-
-
-
-
social contributions
4 750
-
9 156
-
income
8 982
-
22 721
-
total
13 732
-
31 877
-
Employer
43 181
-
83 232
-
social contributions
10 255
-
19 768
-
total
10 255
-
19 768
-
Corporate
49 563
103 000
-
-
income
10 409
21 630
-
-
surtax
-
-
-
-
total
10 409
21 630
-
-
Dividends
39 155
81 370
-
-
withholding
10 963
22 784
-
-
total
10 963
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 359
44 414
51 645
45 835
After tax
57 641
58 586
51 355
57 165
Living cost
29 450
29 450
29 450
29 450
Free-cash
28 191
29 136
21 905
27 715

Estimated living cost  is ₽29450 per week

₽22034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6565
₽18143
₽13708
₽13021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 099
other
-
-
-
3 193
surtax
-
-
-
-
social contributions
-
-
-
2 934
health
-
-
-
2 407
pensions
-
-
-
24 312
total
-
-
-
43 945
Employee
58 804
-
83 107
-
pensions
6 651
-
4 289
-
surtax
-
-
-
-
social contributions
1 675
-
2 368
-
income
5 131
-
12 960
-
total
13 457
-
19 617
-
Employer
58 804
-
83 107
-
health
4 116
-
5 925
-
pensions
9 662
-
7 486
-
unemployment
2 382
-
3 366
-
social contributions
176
-
249
-
other
2 029
-
2 867
-
total
18 365
-
19 893
-
Corporate
25 830
103 000
-
-
income
7 232
28 840
-
-
surtax
-
-
-
-
total
7 232
28 840
-
-
Dividends
18 599
74 160
-
-
surtax
-
-
-
-
social contributions
3 198
12 755
-
-
withholding
2 380
9 493
-
-
total
5 578
22 248
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 632
51 088
39 510
43 945
After tax
58 368
51 912
63 490
59 055
Living cost
45 347
45 347
45 347
45 347
Free-cash
13 021
6 565
18 143
13 708

Estimated living cost  is ₽45347 per week

₽30690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64478
₽52521
₽49786
₽61324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
2 332
social contributions
-
-
-
22 660
total
-
-
-
24 992
Employee
30 184
-
89 178
-
income
-
-
2 637
-
social contributions
1 962
-
5 798
-
total
1 962
-
8 435
-
Employer
30 184
-
89 178
-
social contributions
4 679
-
13 822
-
total
4 679
-
13 822
-
Corporate
68 137
103 000
-
-
income
6 813
10 300
-
-
total
6 813
10 300
-
-
Dividends
61 324
92 700
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 454
10 300
22 257
24 992
After tax
89 546
92 700
80 743
78 008
Living cost
28 222
28 222
28 222
28 222
Free-cash
61 324
64 478
52 521
49 786

Estimated living cost  is ₽28222 per week

₽18248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2127
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽101558
-₽101558
₽18129
-₽101558
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 175
municipal
-
-
-
19 603
national
-
-
-
11 063
pensions
-
-
-
814
total
-
-
-
39 655
Employee
190 844
190 844
190 844
-
municipal
40 639
40 639
40 639
-
labour market
15 246
15 246
15 246
-
pensions
271
271
271
-
national
23 315
23 315
23 315
-
total
79 471
79 471
79 471
-
Employer
190 844
190 844
190 844
-
national
23 356
23 356
23 356
-
labour market
15 268
15 268
15 268
-
pensions
543
543
543
-
municipal
40 704
40 704
40 704
-
total
79 871
79 871
79 871
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
159 342
159 342
159 342
39 655
After tax
-56 342
-56 342
-56 342
63 345
Living cost
45 216
45 216
45 216
45 216
Free-cash
-101 558
-101 558
-101 558
18 129

Estimated living cost  is ₽45216 per week

₽30946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12279
₽33056
₽50021
₽5180
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
25 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
32 357
Employee
32 441
-
88 857
-
pensions
3 653
-
7 259
-
income
4 450
-
17 746
-
health
3 715
-
10 174
-
total
11 818
-
35 179
-
Employer
32 441
-
88 857
-
pensions
5 275
-
10 482
-
accident
542
-
1 484
-
unemployment
795
-
2 177
-
total
6 612
-
14 143
-
Corporate
63 948
103 000
-
-
income

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

57 553
92 700
-
-
total
57 553
92 700
-
-
Dividends
6 395
10 300
-
-
withholding
1 215
1 957
-
-
total
1 215
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
77 198
94 657
49 322
32 357
After tax
25 802
8 343
53 678
70 643
Living cost
20 622
20 622
20 622
20 622
Free-cash
5 180
-12 279
33 056
50 021

Estimated living cost  is ₽20622 per week

₽15011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31744
₽21951
₽36075
₽30643
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 194
municipal
-
-
-
18 325
national
-
-
-
11 360
total
-
-
-
30 879
Employee
49 396
-
86 649
-
municipal
8 091
-
14 141
-
unemployment
741
-
1 299
-
pensions
3 334
-
5 849
-
national
816
-
6 421
-
health
369
-
943
-
total
13 351
-
28 653
-
Employer
49 396
-
86 649
-
health
380
-
666
-
pensions
8 570
-
15 034
-
accident
50
-
87
-
unemployment
321
-
563
-
total
9 321
-
16 350
-
Corporate
44 284
103 000
-
-
income
8 857
20 600
-
-
total
8 857
20 600
-
-
Dividends

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

26 570
61 800
-
-
municipal
4 782
11 123
-
-
national
-
3 487
-
-
total
4 782
14 610
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 311
35 210
45 003
30 879
After tax
66 689
67 790
57 997
72 121
Living cost
36 046
36 046
36 046
36 046
Free-cash
30 643
31 744
21 951
36 075

Estimated living cost  is ₽36046 per week

₽23545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53605
₽49985
₽50701
₽48494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 744
social contributions
-
-
-
15 191
health
-
-
-
2 626
total
-
-
-
30 561
Employee
72 195
72 195
93 509
-
social contributions
2 730
5 992
7 761
-
income
7 861
6 683
12 436
-
health
559
1 228
1 589
-
total
11 150
13 903
21 786
-
Employer
72 195
72 195
93 509
-
health
608
1 336
1 730
-
social contributions
2 730
5 992
7 761
-
total
3 338
7 328
9 491
-
Corporate
66 775
23 477
-
-
income
8 347
2 934
-
-
total
8 347
2 934
-
-
Dividends
58 428
20 542
-
-
withholding
9 933
3 492
-
-
total
9 933
3 492
-
-
Income
103 000
103 000
103 000
103 000
Total tax
32 768
27 657
31 277
30 561
After tax
70 232
75 343
71 723
72 439
Living cost
21 738
21 738
21 738
21 738
Free-cash
48 494
53 605
49 985
50 701

Estimated living cost  is ₽21738 per week

₽13028
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70387
₽49900
₽68731
₽65612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 965
unemployment
-
-
-
27
health
-
-
-
3 398
pensions
-
-
-
5 972
total
-
-
-
19 362
Employee

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

21 550
-
93 824
-
unemployment
107
-
445
-
pensions
3 232
-
13 363
-
income
1 473
-
7 637
-
health
1 832
-
7 572
-
total
6 644
-
29 017
-
Employer

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

21 550
-
93 824
-
health
926
-
3 831
-
pensions
1 185
-
4 900
-
unemployment
107
-
445
-
total
2 218
-
9 176
-
Corporate
79 231
103 000
-
-
income
7 130
9 270
-
-
total
7 130
9 270
-
-
Dividends
72 101
93 730
-
-
withholding
6 489
8 436
-
-
total
6 489
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 481
17 706
38 193
19 362
After tax
80 519
85 294
64 807
83 638
Living cost
14 907
14 907
14 907
14 907
Free-cash
65 612
70 387
49 900
68 731

Estimated living cost  is ₽14907 per week

₽9511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3877
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43561
₽27920
₽30283
₽38636
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
20 792
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
46 899
Employee
34 716
-
78 101
-
other
34
-
78
-
unemployment
538
-
1 210
-
pensions
1 632
-
3 670
-
income
6 693
-
19 404
-
total
8 897
-
24 362
-
Employer
34 716
-
78 101
-
pensions
8 192
-
18 432
-
accident
688
-
1 547
-
unemployment
1 910
-
4 296
-
other
278
-
625
-
total
11 068
-
24 900
-
Corporate
57 216
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.

8 582
15 449
-
-
total
8 582
15 449
-
-
Dividends
48 634
87 551
-
-
withholding
9 999
18 172
-
-
total
9 999
18 172
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 546
33 621
49 262
46 899
After tax
64 454
69 379
53 738
56 101
Living cost
25 818
25 818
25 818
25 818
Free-cash
38 636
43 561
27 920
30 283

Estimated living cost  is ₽25818 per week

₽17427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62375
₽63805
₽63939
₽62063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 777
health
-
-
-
1 003
pensions
-
-
-
1 384
total
-
-
-
37 164
Employee
2 889
-
101 443
-
unemployment
29
-
69
-
pensions
260
-
623
-
income
559
-
34 704
-
health
144
-
346
-
total
992
-
35 742
-
Employer
2 889
-
101 443
-
health
275
-
657
-
pensions
318
-
761
-
unemployment
58
-
138
-
total
651
-
1 556
-
Corporate
99 460
103 000
-
-
income
21 881
22 660
-
-
total
21 881
22 660
-
-
Dividends
77 579
80 340
-
-
withholding
15 516
16 068
-
-
total
15 516
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 040
38 728
37 298
37 164
After tax
63 960
64 272
65 702
65 836
Living cost
1 897
1 897
1 897
1 897
Free-cash
62 063
62 375
63 805
63 939

Estimated living cost  is ₽1897 per week

₽1127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58172
₽39342
₽39343
₽53548
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 171
unemployment
-
-
-
1 041
health
-
-
-
7 150
pensions
-
-
-
18 050
total
-
-
-
47 412
Employee

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

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

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

24 497
-
90 574
-
unemployment
184
-
521
-
pensions
3 430
-
9 719
-
income
3 377
-
21 171
-
health
1 262
-
3 575
-
total
8 253
-
34 986
-
Employer

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

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

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

24 497
-
90 574
-
health
1 262
-
3 575
-
pensions
2 940
-
8 331
-
unemployment
184
-
521
-
total
4 386
-
12 427
-
Corporate
74 118
103 000
-
-
income
11 118
15 450
-
-
total
11 118
15 450
-
-
Dividends
63 001
87 550
-
-
withholding
9 450
13 133
-
-
total
9 450
13 133
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 207
28 583
47 413
47 412
After tax
69 793
74 417
55 587
55 588
Living cost
16 245
16 245
16 245
16 245
Free-cash
53 548
58 172
39 342
39 343

Estimated living cost  is ₽16245 per week

₽10938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33274
₽26044
₽31854
₽32936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 042
surtax
-
-
-
-
social contributions

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

-
-
-
35 793
total
-
-
-
45 835
Employee
36 440
-
83 232
-
surtax
-
-
-
-
social contributions
4 009
-
9 156
-
income
7 120
-
22 721
-
total
11 129
-
31 877
-
Employer
36 440
-
83 232
-
social contributions
8 654
-
19 768
-
total
8 654
-
19 768
-
Corporate
57 906
103 000
-
-
income
12 160
21 630
-
-
surtax
-
-
-
-
total
12 160
21 630
-
-
Dividends
45 746
81 370
-
-
withholding
12 809
22 784
-
-
total
12 809
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 752
44 414
51 645
45 835
After tax
58 248
58 586
51 355
57 165
Living cost
25 312
25 312
25 312
25 312
Free-cash
32 936
33 274
26 044
31 854

Estimated living cost  is ₽25312 per week

₽17927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36383
₽20742
₽23105
₽29222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
784
income
-
-
-
20 792
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 627
total
-
-
-
46 899
Employee
45 344
-
78 101
-
other
45
-
78
-
unemployment
702
-
1 210
-
pensions
2 131
-
3 670
-
income
9 471
-
19 404
-
total
12 349
-
24 362
-
Employer
45 344
-
78 101
-
pensions
10 701
-
18 432
-
accident
898
-
1 547
-
unemployment
2 494
-
4 296
-
other
363
-
625
-
total
14 456
-
24 900
-
Corporate
43 200
103 000
-
-
income

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

6 480
15 449
-
-
total
6 480
15 449
-
-
Dividends
36 720
87 551
-
-
withholding
7 497
18 172
-
-
total
7 497
18 172
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 782
33 621
49 262
46 899
After tax
62 218
69 379
53 738
56 101
Living cost
32 996
32 996
32 996
32 996
Free-cash
29 222
36 383
20 742
23 105

Estimated living cost  is ₽32996 per week

₽23697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71914
₽66007
₽62642
₽66191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
131
health
-
-
-
3 772
pensions

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

-
-
-
4 854
total
-
-
-
24 207
Employee
21 387
-
96 566
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
pensions

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

1 878
-
2 880
-
income
2 139
-
9 657
-
health
984
-
1 509
-
total
5 236
-
14 407
-
Employer
21 387
-
96 566
-
health
1 476
-
2 263
-
pensions

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

2 357
-
3 614
-
accident

We are using the highest rate at 1.1%.

235
-
361
-
unemployment
128
-
197
-
total
4 196
-
6 435
-
Corporate
77 417
103 000
-
-
income
7 742
10 300
-
-
total
7 742
10 300
-
-
Dividends
69 675
92 700
-
-
withholding
3 484
4 635
-
-
total
3 484
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 658
14 935
20 842
24 207
After tax
82 342
88 065
82 158
78 793
Living cost
16 151
16 151
16 151
16 151
Free-cash
66 191
71 914
66 007
62 642

Estimated living cost  is ₽16151 per week

₽10682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16862
₽35849
₽27332
₽29146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
23 212
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.

-
-
-
1 277
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.

-
-
-
6 414
trade
-
-
-
8 517
total
-
-
-
39 420
Employee

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

46 715
-
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.

212
-
1 277
-
income

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

3 841
-
23 212
-
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.

6 414
-
6 414
-
total
10 467
-
30 903
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 285
103 000
-
-
income
8 443
15 449
-
-
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
850
-
-
chamber of commerce
224
294
-
-
trade
8 076
14 781
-
-
total
17 208
31 374
-
-
Dividends
39 076
71 626
-
-
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.

518
966
-
-
withholding
9 413
17 550
-
-
total
9 931
18 516
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 606
49 890
30 903
39 420
After tax
65 394
53 110
72 097
63 580
Living cost
36 248
36 248
36 248
36 248
Free-cash
29 146
16 862
35 849
27 332

Estimated living cost  is ₽36248 per week

₽25004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3900
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18617
₽14485
₽14485
₽20691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
25 681
social contributions
-
-
-
9 351
total
-
-
-
35 032
Employee
73 441
-
103 000
-
income
13 858
-
25 681
-
social contributions
6 101
-
9 351
-
total
19 959
-
35 032
-
Employer
73 441
-
103 000
-
total
-
-
-
-
Corporate
29 559
103 000
-
-
income
3 695
12 875
-
-
total
3 695
12 875
-
-
Dividends
25 864
90 125
-
-
withholding
5 172
18 025
-
-
total
5 172
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 826
30 900
35 032
35 032
After tax
74 174
72 100
67 968
67 968
Living cost
53 483
53 483
53 483
53 483
Free-cash
20 691
18 617
14 485
14 485

Estimated living cost  is ₽53483 per week

₽40689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7925
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27909
₽41706
₽36513
₽31190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
103 000
income
-
-
-
26 725
health

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

-
-
-
5 680
total
-
-
-
32 405
Employee
43 070
-
98 681
-
income
4 673
-
18 574
-
social contributions
4 315
-
4 319
-
total
8 988
-
22 893
-
Employer
43 070
-
98 681
-
social contributions
4 315
-
4 319
-
total
4 315
-
4 319
-
Corporate
55 615
103 000
-
-
income
19 465
36 049
-
-
total
19 465
36 049
-
-
Dividends
36 149
66 951
-
-
social contributions
4 960
4 960
-
-
total
4 960
4 960
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 728
41 009
27 212
32 405
After tax
65 272
61 991
75 788
70 595
Living cost
34 082
34 082
34 082
34 082
Free-cash
31 190
27 909
41 706
36 513

Estimated living cost  is ₽34082 per week

₽22449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
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.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39220
₽28744
₽38041
₽36870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
22 755
pensions
-
-
-
7 216
total
-
-
-
29 971
Employee
48 026
-
90 559
-
pensions
3 666
-
8 771
-
income
8 746
-
16 558
-
health
626
-
1 498
-
total
13 038
-
26 827
-
Employer
48 026
-
90 559
-
health
913
-
1 720
-
pensions
4 852
-
10 721
-
total
5 765
-
12 441
-
Corporate
49 209
103 000
-
-
income

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

9 350
19 570
-
-
total
9 350
19 570
-
-
Dividends
39 860
83 430
-
-
withholding
2 989
9 222
-
-
total
2 989
9 222
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 142
28 792
39 268
29 971
After tax
71 858
74 208
63 732
73 029
Living cost
34 988
34 988
34 988
34 988
Free-cash
36 870
39 220
28 744
38 041

Estimated living cost  is ₽34988 per week

₽24001
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14321
₽31014
₽47979
₽4867
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
25 730
other
-
-
-
353
health
-
-
-
2 075
pensions
-
-
-
3 959
total
-
-
-
32 357
Employee
35 652
-
88 857
-
pensions
4 014
-
7 259
-
income
4 891
-
17 746
-
health
4 082
-
10 174
-
total
12 987
-
35 179
-
Employer
35 652
-
88 857
-
pensions
5 797
-
10 482
-
accident
595
-
1 484
-
unemployment
873
-
2 177
-
total
7 265
-
14 143
-
Corporate
60 083
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.

54 075
92 700
-
-
total
54 075
92 700
-
-
Dividends
6 008
10 300
-
-
withholding
1 142
1 957
-
-
total
1 142
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 469
94 657
49 322
32 357
After tax
27 531
8 343
53 678
70 643
Living cost
22 664
22 664
22 664
22 664
Free-cash
4 867
-14 321
31 014
47 979

Estimated living cost  is ₽22664 per week

₽16633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73987
₽53621
₽45950
₽70296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
16 038
unemployment
-
-
-
1 236
work injury
-
-
-
515
health insurance
-
-
-
7 622
pensions
-
-
-
18 952
total
-
-
-
44 363
Employee

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

20 298
-
103 000
-
health insurance
1 502
-
5 558
-
unemployment
244
-
901
-
work injury
101
-
376
-
pensions
3 735
-
13 819
-
income
2 030
-
16 038
-
total
7 612
-
36 692
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 702
103 000
-
-
income

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

-
1 030
-
-
total
-
1 030
-
-
Dividends
82 702
101 970
-
-
withholding
12 405
15 296
-
-
total
12 405
15 296
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 017
16 326
36 692
44 363
After tax
82 983
86 674
66 308
58 637
Living cost
12 687
12 687
12 687
12 687
Free-cash
70 296
73 987
53 621
45 950

Estimated living cost  is ₽12687 per week

₽7860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16852
₽9049
₽13759
₽12581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 141
municipal
-
-
-
688
national
-
-
-
22 517
total
-
-
-
51 838
Employee
79 116
-
103 000
-
municipal
472
-
615
-
national
13 370
-
19 385
-
regional
1 194
-
1 816
-
social contributions
26 677
-
34 732
-
total
41 713
-
56 548
-
Employer
79 116
-
103 000
-
total
-
-
-
-
Corporate
23 884
103 000
-
-
municipal
1 151
4 964
-
-
nationa
5 732
24 719
-
-
total
6 883
29 683
-
-
Dividends
17 001
73 317
-
-
withholding
4 420
19 062
-
-
total
4 420
19 062
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 016
48 745
56 548
51 838
After tax
49 984
54 255
46 452
51 162
Living cost
37 403
37 403
37 403
37 403
Free-cash
12 581
16 852
9 049
13 759

Estimated living cost  is ₽37403 per week

₽26273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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