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
₽21505
₽32672
₽33669
₽42502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
trade
-
-
-
8 833
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.

-
-
-
21 836
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.

-
-
-
6 894
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.

-
-
-
1 201
total
-
-
-
38 764
Employee

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

38 599
-
103 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 201
-
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.

1 078
-
21 836
-
total
8 031
-
29 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 401
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.

530
850
-
-
income
9 660
15 449
-
-
trade
10 142
16 223
-
-
chamber of commerce
245
301
-
-
total
20 577
32 823
-
-
Dividends
43 823
70 177
-
-
surtax

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

582
944
-
-
withholding
10 571
17 161
-
-
total
11 153
18 105
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 761
50 928
29 931
38 764
After tax
63 239
52 072
73 069
64 236
Living cost
30 567
30 567
30 567
30 567
Free-cash
32 672
21 505
42 502
33 669

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13278
₽12430
₽11110
₽11918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
10 758
pensions
-
-
-
12 360
national
-
-
-
16 671
social contributions
-
-
-
1 107
total
-
-
-
40 896
Employee
79 050
-
89 043
-
municipal
9 764
-
11 157
-
pensions
3 162
-
3 562
-
national
15 130
-
17 289
-
total
28 056
-
32 008
-
Employer
79 050
-
89 043
-
social contributions
850
-
957
-
pensions
6 324
-
7 123
-
total
7 174
-
8 080
-
Corporate
11 559
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%.

2 312
20 600
-
-
total
2 312
20 600
-
-
Dividends
9 247
82 400
-
-
withholding
2 034
18 128
-
-
total
2 034
18 128
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 576
38 728
40 088
40 896
After tax
63 424
64 272
62 912
62 104
Living cost
50 994
50 994
50 994
50 994
Free-cash
12 430
13 278
11 918
11 110

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61404
₽53128
₽33967
₽37037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
14 924
surtax
-
-
-
-
social contributions

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

-
-
-
33 114
total
-
-
-
48 038
Employee
29 489
-
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.

3 244
-
9 131
-
surtax
-
-
-
-
income
5 249
-
15 841
-
total
8 493
-
24 972
-
Employer
29 489
-
83 004
-
social contributions

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

7 103
-
19 996
-
surtax
-
-
-
-
total
7 103
-
19 996
-
Corporate
66 408
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%.

13 281
20 601
-
-
total
13 281
20 601
-
-
Dividends

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

53 127
82 399
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 877
20 601
44 968
48 038
After tax
74 123
82 399
58 032
54 962
Living cost
20 995
20 995
20 995
20 995
Free-cash
53 128
61 404
37 037
33 967

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7606
₽1423
₽16175
₽8110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 514
pensions
-
-
-
11 824
health
-
-
-
12 211
total
-
-
-
44 549
Employee
86 180
86 180
87 650
-
health
13 228
11 251
11 336
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 266
-
Employer
86 180
86 180
87 650
-
unemployment
3 102
3 102
3 156
-
pensions
5 998
5 998
6 100
-
health
5 990
5 990
6 092
-
total
15 090
15 090
15 348
-
Corporate
2 786
1 729
-
-
income
557
347
-
-
total
557
347
-
-
Dividends
2 229
1 382
-
-
income
473
293
-
-
withholding
335
207
-
-
total
808
500
-
-
Income
103 000
103 000
103 000
103 000
Total tax
59 301
53 118
52 614
44 549
After tax
43 699
49 882
50 386
58 451
Living cost
42 276
42 276
42 276
42 276
Free-cash
1 423
7 606
8 110
16 175

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17246
₽16371
₽15919
₽16012
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
23 332
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
48 089
Employee
55 560
-
78 375
-
municipal
16 568
-
23 371
-
national
-
-
-
-
total
16 568
-
23 371
-
Employer
55 560
-
78 375
-
accident
111
-
157
-
other
6 456
-
9 107
-
unemployment
1 467
-
2 069
-
pensions
6 006
-
8 472
-
health
3 417
-
4 820
-
total
17 457
-
24 625
-
Corporate
29 983
103 000
-
-
income
6 596
22 660
-
-
total
6 596
22 660
-
-
Dividends
23 387
80 340
-
-
withholding
7 016
24 102
-
-
total
7 016
24 102
-
-
Income
103 000
103 000
103 000
103 000
Total tax
47 637
46 762
47 996
48 089
After tax
55 363
56 238
55 004
54 911
Living cost
38 992
38 992
38 992
38 992
Free-cash
16 371
17 246
16 012
15 919

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11898
₽26080
₽24199
₽33424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
trade
-
-
-
9 225
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.

-
-
-
21 836
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.

-
-
-
6 894
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.

-
-
-
1 201
total
-
-
-
39 156
Employee

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

51 178
-
103 000
-
health

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

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

6 894
-
6 894
-
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.

241
-
1 201
-
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.

4 397
-
21 836
-
total
11 532
-
29 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 822
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.

427
850
-
-
income
7 773
15 449
-
-
trade
8 524
16 943
-
-
chamber of commerce
226
299
-
-
total
16 950
33 541
-
-
Dividends
34 872
69 459
-
-
surtax

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

458
935
-
-
withholding
8 335
16 981
-
-
total
8 793
17 916
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 275
51 457
29 931
39 156
After tax
65 725
51 543
73 069
63 844
Living cost
39 645
39 645
39 645
39 645
Free-cash
26 080
11 898
33 424
24 199

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽42648
₽38463
₽40050
₽39947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 523
health
-
-
-
2 626
social contributions
-
-
-
16 068
total
-
-
-
30 217
Employee
77 601
77 601
93 509
-
social contributions
3 771
6 441
7 762
-
health
772
1 320
1 590
-
income
8 149
7 184
11 477
-
total
12 692
14 945
20 829
-
Employer
77 601
77 601
93 509
-
social contributions
3 771
6 441
7 762
-
health
841
1 436
1 729
-
total
4 612
7 877
9 491
-
Corporate
52 964
17 522
-
-
income
6 621
2 191
-
-
total
6 621
2 191
-
-
Dividends
46 344
15 331
-
-
withholding
7 879
2 606
-
-
total
7 879
2 606
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 804
27 619
30 320
30 217
After tax
71 196
75 381
72 680
72 783
Living cost
32 733
32 733
32 733
32 733
Free-cash
38 463
42 648
39 947
40 050

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39682
₽40063
₽53017
₽41374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 300
unemployment
-
-
-
1 545
health
-
-
-
7 210
total
-
-
-
31 647
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
86 192
-
health
1 853
737
6 033
-
income
3 236
1 288
10 537
-
pensions
2 647
1 053
8 619
-
unemployment
397
158
1 293
-
total
8 133
3 236
26 482
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
86 192
-
pensions
5 161
2 054
16 808
-
total
5 161
2 054
16 808
-
Corporate
71 370
90 412
-
-
income
6 423
8 137
-
-
total
6 423
8 137
-
-
Dividends
64 947
82 275
-
-
social contributions
12 544
15 923
-
-
withholding
12 340
15 632
-
-
total
24 884
31 555
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 601
44 982
43 290
31 647
After tax
58 399
58 018
59 710
71 353
Living cost
18 336
18 336
18 336
18 336
Free-cash
40 063
39 682
41 374
53 017

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58024
₽51755
₽30834
₽34993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 802
pensions
-
-
-
20 599
health
-
-
-
13 390
total
-
-
-
47 791
Employee
28 629
-
76 979
-
income
3 223
-
14 842
-
pensions
573
-
1 540
-
unemployment
458
-
1 231
-
total
4 254
-
17 613
-
Employer
28 629
-
76 979
-
unemployment
230
-
617
-
pensions
5 726
-
15 396
-
health
3 721
-
10 006
-
total
9 677
-
26 019
-
Corporate
64 694
103 000
-
-
income
12 939
20 601
-
-
total
12 939
20 601
-
-
Dividends
51 755
82 399
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
26 870
20 601
43 632
47 791
After tax
76 130
82 399
59 368
55 209
Living cost
24 375
24 375
24 375
24 375
Free-cash
51 755
58 024
34 993
30 834

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13729
₽4957
₽48606
₽31285
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
25 335
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 322
Employee
34 721
-
88 308
-
health
3 975
-
10 112
-
income
4 763
-
17 185
-
pensions
3 910
-
7 654
-
total
12 648
-
34 951
-
Employer
34 721
-
88 308
-
accident
580
-
1 475
-
unemployment
851
-
2 164
-
pensions
5 646
-
11 053
-
total
7 077
-
14 692
-
Corporate
61 203
103 000
-
-
income

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

55 083
92 700
-
-
total
55 083
92 700
-
-
Dividends
6 120
10 300
-
-
withholding
1 163
1 957
-
-
total
1 163
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
75 971
94 657
49 643
32 322
After tax
27 029
8 343
53 357
70 678
Living cost
22 072
22 072
22 072
22 072
Free-cash
4 957
-13 729
31 285
48 606

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88770
₽87068
₽92890
₽73320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
103 000
-
income
2 270
-
20 600
-
total
2 270
-
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%.

91 651
103 000
-
-
total
-
-
-
-
Dividends
91 651
103 000
-
-
withholding
4 582
5 150
-
-
total
4 582
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
6 852
5 150
20 600
1 030
After tax
96 148
97 850
82 400
101 970
Living cost
9 080
9 080
9 080
9 080
Free-cash
87 068
88 770
73 320
92 890

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48784
₽41969
₽28883
₽33282
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
13 082
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.

-
-
-
24 720
other
-
-
-
4 893
health
-
-
-
4 531
total
-
-
-
47 226
Employee
36 642
-
82 269
-
health
513
-
1 151
-
income
6 308
-
14 363
-
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.

2 564
-
5 759
-
unemployment
366
-
823
-
total
9 751
-
22 096
-
Employer
36 642
-
82 269
-
accident
293
-
659
-
other
1 833
-
4 112
-
unemployment
366
-
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.

6 230
-
13 986
-
health
513
-
1 151
-
total
9 235
-
20 731
-
Corporate
57 123
103 000
-
-
income
11 996
21 629
-
-
total
11 996
21 629
-
-
Dividends
45 127
81 371
-
-
withholding
3 158
5 696
-
-
total
3 158
5 696
-
-
Income
103 000
103 000
103 000
103 000
Total tax
34 140
27 325
42 827
47 226
After tax
68 860
75 675
60 173
55 774
Living cost
26 891
26 891
26 891
26 891
Free-cash
41 969
48 784
33 282
28 883

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
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.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7826
-₽5956
₽6255
-₽3266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 441
pensions
-
-
-
7 578
total
-
-
-
29 019
Employee
95 822
-
90 676
-
health
1 579
-
1 474
-
income
17 273
-
16 116
-
pensions
9 244
-
8 626
-
total
28 096
-
26 216
-
Employer
95 822
-
90 676
-
pensions
11 314
-
10 602
-
health
1 820
-
1 722
-
total
13 134
-
12 324
-
Corporate
-
103 000
-
-
income

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

-
19 570
-
-
total
-
19 570
-
-
Dividends
-
83 430
-
-
withholding
-
7 878
-
-
total
-
7 878
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 230
27 448
38 540
29 019
After tax
61 770
75 552
64 460
73 981
Living cost
67 726
67 726
67 726
67 726
Free-cash
-5 956
7 826
-3 266
6 255

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽74826
₽70135
₽64894
₽68125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
24 867
Employee
17 531
-
96 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
9 608
-
pensions

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

1 539
-
3 097
-
total
4 291
-
14 715
-
Employer
17 531
-
96 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
82 029
103 000
-
-
income
8 203
10 300
-
-
total
8 203
10 300
-
-
Dividends
73 827
92 700
-
-
withholding
3 692
4 635
-
-
total
3 692
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
19 626
14 935
21 636
24 867
After tax
83 374
88 065
81 364
78 133
Living cost
13 239
13 239
13 239
13 239
Free-cash
70 135
74 826
68 125
64 894

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6079
-₽6946
₽2490
-₽5575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 514
pensions
-
-
-
11 824
health
-
-
-
12 211
total
-
-
-
44 549
Employee
93 564
86 180
87 650
-
health
11 673
11 251
11 336
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 266
-
Employer
93 564
86 180
87 650
-
unemployment
3 369
3 102
3 156
-
pensions
6 511
5 998
6 100
-
health
6 502
5 990
6 092
-
total
16 382
15 090
15 348
-
Corporate
-
1 729
-
-
income
-
347
-
-
total
-
347
-
-
Dividends
-
1 382
-
-
income
-
293
-
-
withholding
-
207
-
-
total
-
500
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 985
53 118
52 614
44 549
After tax
49 015
49 882
50 386
58 451
Living cost
55 961
55 961
55 961
55 961
Free-cash
-6 946
-6 079
-5 575
2 490

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46745
₽38123
₽25995
₽28098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 905
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 076
total
-
-
-
52 834
Employee
35 546
-
76 866
-
social contributions
2 310
-
4 996
-
health
4 799
-
10 377
-
solidarity contribution
-
-
-
-
income
4 265
-
9 224
-
total
11 374
-
24 597
-
Employer
35 546
-
76 866
-
social contributions
8 886
-
19 216
-
health
3 199
-
6 918
-
total
12 085
-
26 134
-
Corporate
55 369
103 000
-
-
income
10 520
19 570
-
-
total
10 520
19 570
-
-
Dividends
44 849
83 430
-
-
withholding
6 727
12 514
-
-
total
6 727
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 706
32 084
50 731
52 834
After tax
62 294
70 916
52 269
50 166
Living cost
24 171
24 171
24 171
24 171
Free-cash
38 123
46 745
28 098
25 995

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and 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 Brno model

Close
Milan , Italy
₽12370
₽7103
₽10144
₽5244
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
613
regional
-
-
-
1 141
national
-
-
-
22 026
social contributions
-
-
-
26 492
total
-
-
-
50 272
Employee
89 690
-
103 000
-
social contributions
30 243
-
34 732
-
regional
846
-
999
-
municipal
475
-
546
-
national
15 541
-
18 895
-
total
47 105
-
55 172
-
Employer
89 690
-
103 000
-
total
-
-
-
-
Corporate
13 310
103 000
-
-
nationa
3 194
24 720
-
-
municipal
519
4 018
-
-
total
3 713
28 738
-
-
Dividends
9 597
74 262
-
-
withholding
2 495
19 308
-
-
total
2 495
19 308
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 313
48 046
55 172
50 272
After tax
49 687
54 954
47 828
52 728
Living cost
42 584
42 584
42 584
42 584
Free-cash
7 103
12 370
5 244
10 144

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42517
₽39378
₽30507
₽28516
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 653
pensions
-
-
-
20 601
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 314
surtax
-
-
-
2 426
total
-
-
-
50 224
Employee
33 373
-
85 088
-
other
-
-
-
-
health
852
-
2 170
-
surtax
109
-
2 197
-
income
5 594
-
18 345
-
pensions
2 225
-
5 674
-
unemployment
2 323
-
5 922
-
total
11 103
-
34 308
-
Employer
33 373
-
85 088
-
other
-
-
-
-
unemployment
1 057
-
2 696
-
pensions
4 449
-
11 341
-
health
1 519
-
3 870
-
total
7 025
-
17 907
-
Corporate
62 602
103 000
-
-
income
16 277
26 781
-
-
total
16 277
26 781
-
-
Dividends
46 326
76 219
-
-
withholding
6 948
11 433
-
-
total
6 948
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 353
38 214
52 215
50 224
After tax
61 647
64 786
50 785
52 776
Living cost
22 269
22 269
22 269
22 269
Free-cash
39 378
42 517
28 516
30 507

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29283
₽22934
₽27712
₽18191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 441
pensions
-
-
-
7 578
total
-
-
-
29 019
Employee
64 218
-
90 676
-
health
932
-
1 474
-
income
11 566
-
16 116
-
pensions
5 451
-
8 626
-
total
17 949
-
26 216
-
Employer
64 218
-
90 676
-
pensions
6 952
-
10 602
-
health
1 220
-
1 722
-
total
8 172
-
12 324
-
Corporate
30 611
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.

5 816
19 570
-
-
total
5 816
19 570
-
-
Dividends
24 794
83 430
-
-
withholding
1 860
7 878
-
-
total
1 860
7 878
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 797
27 448
38 540
29 019
After tax
69 203
75 552
64 460
73 981
Living cost
46 269
46 269
46 269
46 269
Free-cash
22 934
29 283
18 191
27 712

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽29174
₽3459
₽9546
₽4423
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 085
pensions
-
-
-
9 476
other

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

-
-
-
2 061
regional
-
-
-
3 616
health
-
-
-
249
national
-
-
-
693
total
-
-
-
17 180
Employee
89 260
-
92 190
-
city
958
-
991
-
regional
2 923
-
3 081
-
health
202
-
208
-
pensions
7 499
-
7 744
-
unemployment
-
-
-
-
national
422
-
484
-
total
12 004
-
12 508
-
Employer
89 260
-
92 190
-
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.

1 785
-
1 843
-
unemployment
-
-
-
-
pensions
7 499
-
7 744
-
health
202
-
208
-
total
9 486
-
9 795
-
Corporate
3 273
103 000
-
-
regional
692
21 784
-
-
national
278
8 755
-
-
total
970
30 539
-
-
Dividends
2 304
72 461
-
-
withholding
807
25 361
-
-
total
807
25 361
-
-
Income
103 000
103 000
103 000
103 000
Total tax
23 267
55 900
22 303
17 180
After tax
79 733
47 100
80 697
85 820
Living cost
76 274
76 274
76 274
76 274
Free-cash
3 459
-29 174
4 423
9 546

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4780
₽21147
₽17220
₽26838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
trade
-
-
-
9 618
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.

-
-
-
21 836
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.

-
-
-
6 894
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.

-
-
-
1 201
total
-
-
-
39 549
Employee

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

60 650
-
103 000
-
health

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

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

6 894
-
6 894
-
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.

393
-
1 201
-
income

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

7 132
-
21 836
-
total
14 419
-
29 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 350
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.

349
850
-
-
income
6 352
15 449
-
-
trade
7 262
17 665
-
-
chamber of commerce
213
299
-
-
total
14 176
34 263
-
-
Dividends
28 174
68 737
-
-
surtax

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

366
925
-
-
withholding
6 661
16 801
-
-
total
7 027
17 726
-
-
Income
103 000
103 000
103 000
103 000
Total tax
35 622
51 989
29 931
39 549
After tax
67 378
51 011
73 069
63 451
Living cost
46 231
46 231
46 231
46 231
Free-cash
21 147
4 780
26 838
17 220

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17383
₽23348
₽24727
₽30204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 104
pensions
-
-
-
25 492
other
-
-
-
3 196
health
-
-
-
2 020
surtax
-
-
-
-
social contributions
-
-
-
2 934
total
-
-
-
43 746
Employee
43 191
-
83 542
-
social contributions
1 231
-
2 380
-
surtax
-
-
-
-
income
2 549
-
12 409
-
pensions
4 884
-
4 022
-
total
8 664
-
18 811
-
Employer
43 191
-
83 542
-
other
1 490
-
2 882
-
social contributions
130
-
251
-
unemployment
1 748
-
3 384
-
pensions
7 095
-
7 092
-
health
3 024
-
5 849
-
total
13 487
-
19 458
-
Corporate
46 320
103 000
-
-
surtax
-
-
-
-
income
12 969
28 840
-
-
total
12 969
28 840
-
-
Dividends
33 351
74 160
-
-
surtax
-
-
-
-
social contributions
5 736
12 757
-
-
withholding
4 269
9 493
-
-
total
10 005
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 125
51 090
38 269
43 746
After tax
57 875
51 910
64 731
59 254
Living cost
34 527
34 527
34 527
34 527
Free-cash
23 348
17 383
30 204
24 727

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20803
₽26409
₽28147
₽33624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 104
pensions
-
-
-
25 492
other
-
-
-
3 196
health
-
-
-
2 020
surtax
-
-
-
-
social contributions
-
-
-
2 934
total
-
-
-
43 746
Employee
38 554
-
83 542
-
social contributions
1 099
-
2 380
-
surtax
-
-
-
-
income
1 988
-
12 409
-
pensions
4 361
-
4 022
-
total
7 448
-
18 811
-
Employer
38 554
-
83 542
-
other
1 331
-
2 882
-
social contributions
115
-
251
-
unemployment
1 561
-
3 384
-
pensions
6 335
-
7 092
-
health
2 698
-
5 849
-
total
12 040
-
19 458
-
Corporate
52 405
103 000
-
-
surtax
-
-
-
-
income
14 674
28 840
-
-
total
14 674
28 840
-
-
Dividends
37 732
74 160
-
-
surtax
-
-
-
-
social contributions
6 492
12 757
-
-
withholding
4 830
9 493
-
-
total
11 322
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 484
51 090
38 269
43 746
After tax
57 516
51 910
64 731
59 254
Living cost
31 107
31 107
31 107
31 107
Free-cash
26 409
20 803
33 624
28 147

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41442
₽41961
₽44749
₽44820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 189
social contributions
-
-
-
14 214
total
-
-
-
36 852
Employee
34 217
-
103 000
-
social contributions
4 723
-
14 214
-
health
2 388
-
7 189
-
income
5 707
-
15 378
-
total
12 818
-
36 781
-
Employer
34 217
-
103 000
-
total
-
-
-
-
Corporate
68 783
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%.

3 440
5 150
-
-
total
3 440
5 150
-
-
Dividends
65 343
97 850
-
-
health
4 562
6 829
-
-
social contributions
9 018
13 503
-
-
withholding
9 802
14 677
-
-
total
23 382
35 009
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 640
40 159
36 781
36 852
After tax
63 360
62 841
66 219
66 148
Living cost
21 399
21 399
21 399
21 399
Free-cash
41 961
41 442
44 820
44 749

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22142
₽20581
₽16423
-₽4581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
chamber of commerce
-
-
-
412
income
-
-
-
17 282
pensions
-
-
-
19 055
unemployment
-
-
-
6 190
health
-
-
-
7 879
surtax
-
-
-
199
total
-
-
-
51 017
Employee
50 434
40 217
79 827
-
other
504
402
799
-
health
1 952
1 557
3 089
-
income
5 742
2 967
15 392
-
pensions
5 165
4 117
8 174
-
unemployment
1 513
1 207
2 394
-
total
14 876
10 250
29 848
-
Employer
50 434
40 217
79 827
-
accident
655
523
1 038
-
other
2 396
1 909
3 792
-
chamber of commerce
201
161
320
-
unemployment
1 513
1 207
2 394
-
surtax
199
199
199
-
pensions
6 329
5 048
10 018
-
payroll
1 513
1 207
2 394
-
health
1 906
1 521
3 018
-
total
14 712
11 775
23 173
-
Corporate
37 854
51 009
75 997
-
income

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

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

9 463
12 753
19 000
-
total
9 463
12 753
19 000
-
Dividends
28 391
38 256
-
-
withholding
7 808
10 520
-
-
total
7 808
10 520
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 859
45 298
72 021
51 017
After tax
56 141
57 702
30 979
51 983
Living cost
35 560
35 560
35 560
35 560
Free-cash
20 581
22 142
-4 581
16 423

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20963
₽5831
₽11326
₽3229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
33 488
communal

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

-
-
-
5 209
social contributions
-
-
-
16 181
total
-
-
-
54 878
Employee

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

72 187
-
79 775
-
communal

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

3 765
-
4 162
-
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.

3 392
-
3 750
-
pensions

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

5 414
-
5 983
-
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.

628
-
693
-
national
22 193
-
25 162
-
total
35 392
-
39 750
-
Employer

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

72 187
-
79 775
-
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.

938
-
1 038
-
unemployment

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

1 053
-
1 164
-
surtax
8 185
-
9 047
-
pensions

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

6 396
-
7 069
-
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.

4 439
-
4 907
-
total
21 011
-
23 225
-
Corporate
9 800
103 000
-
-
surtax
38
412
-
-
income
1 959
20 601
-
-
total
1 997
21 013
-
-
Dividends
7 802
81 987
-
-
withholding

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

1 973
24 228
-
-
total
1 973
24 228
-
-
Income
103 000
103 000
103 000
103 000
Total tax
60 373
45 241
62 975
54 878
After tax
42 627
57 759
40 025
48 122
Living cost
36 796
36 796
36 796
36 796
Free-cash
5 831
20 963
3 229
11 326

Estimated living cost  is ₽36796 per week

₽23701
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.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32950
₽24907
₽18996
₽17866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
19 495
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 558
Employee
50 235
-
78 102
-
other
50
-
79
-
income
10 599
-
18 830
-
pensions
2 361
-
3 671
-
unemployment
779
-
1 210
-
total
13 789
-
23 790
-
Employer
50 235
-
78 102
-
accident
994
-
1 545
-
other
400
-
626
-
unemployment
2 764
-
4 296
-
pensions
11 855
-
18 431
-
total
16 013
-
24 898
-
Corporate
36 753
103 000
-
-
income

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

5 514
15 449
-
-
total
5 514
15 449
-
-
Dividends
31 240
87 551
-
-
withholding
6 331
18 155
-
-
total
6 331
18 155
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 647
33 604
48 688
47 558
After tax
61 353
69 396
54 312
55 442
Living cost
36 446
36 446
36 446
36 446
Free-cash
24 907
32 950
17 866
18 996

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8136
₽1161
₽3855
₽8414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
868
income
-
-
-
9 146
pensions
-
-
-
15 438
health
-
-
-
7 235
surtax
-
-
-
5 106
communal
-
-
-
6 509
total
-
-
-
44 302
Employee
76 425
-
92 007
-
health
3 401
-
4 095
-
surtax
4 684
-
5 638
-
income
7 382
-
11 657
-
pensions
6 113
-
7 360
-
total
21 580
-
28 750
-
Employer
76 425
-
92 007
-
accident
688
-
827
-
pensions
6 113
-
7 360
-
health
2 331
-
2 806
-
total
9 132
-
10 993
-
Corporate
17 444
103 000
-
-
surtax
184
1 082
-
-
communal
-
6 952
-
-
income
2 616
15 449
-
-
total
2 800
23 483
-
-
Dividends
14 644
79 517
-
-
income
11 287
4 611
-
-
withholding
2 197
11 927
-
-
total
13 484
16 538
-
-
Income
103 000
103 000
103 000
103 000
Total tax
46 996
40 021
39 743
44 302
After tax
56 004
62 979
63 257
58 698
Living cost
54 843
54 843
54 843
54 843
Free-cash
1 161
8 136
8 414
3 855

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42119
₽38912
₽30109
₽28118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
19 653
pensions
-
-
-
20 601
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 314
surtax
-
-
-
2 426
total
-
-
-
50 224
Employee
33 986
-
85 088
-
other
-
-
-
-
health
868
-
2 170
-
surtax
121
-
2 197
-
income
5 697
-
18 345
-
pensions
2 267
-
5 674
-
unemployment
2 365
-
5 922
-
total
11 318
-
34 308
-
Employer
33 986
-
85 088
-
other
-
-
-
-
unemployment
1 078
-
2 696
-
pensions
4 531
-
11 341
-
health
1 545
-
3 870
-
total
7 154
-
17 907
-
Corporate
61 859
103 000
-
-
income
16 083
26 781
-
-
total
16 083
26 781
-
-
Dividends
45 776
76 219
-
-
withholding
6 866
11 433
-
-
total
6 866
11 433
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 421
38 214
52 215
50 224
After tax
61 579
64 786
50 785
52 776
Living cost
22 667
22 667
22 667
22 667
Free-cash
38 912
42 119
28 118
30 109

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26955
₽24715
₽25130
₽20257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
613
regional
-
-
-
1 554
national
-
-
-
22 026
social contributions
-
-
-
26 492
total
-
-
-
50 685
Employee
55 981
-
103 000
-
social contributions
18 877
-
34 732
-
regional
754
-
1 385
-
municipal
297
-
546
-
national
8 869
-
18 895
-
total
28 797
-
55 558
-
Employer
55 981
-
103 000
-
total
-
-
-
-
Corporate
47 019
103 000
-
-
nationa
11 284
24 720
-
-
municipal
2 336
5 119
-
-
total
13 620
29 839
-
-
Dividends
33 399
73 161
-
-
withholding
8 683
19 021
-
-
total
8 683
19 021
-
-
Income
103 000
103 000
103 000
103 000
Total tax
51 100
48 860
55 558
50 685
After tax
51 900
54 140
47 442
52 315
Living cost
27 185
27 185
27 185
27 185
Free-cash
24 715
26 955
20 257
25 130

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
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.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41131
₽30506
₽20381
₽22484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 905
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 076
total
-
-
-
52 834
Employee
43 801
-
76 866
-
social contributions
2 847
-
4 996
-
health
5 913
-
10 377
-
solidarity contribution
-
-
-
-
income
5 256
-
9 224
-
total
14 016
-
24 597
-
Employer
43 801
-
76 866
-
social contributions
10 950
-
19 216
-
health
3 942
-
6 918
-
total
14 892
-
26 134
-
Corporate
44 306
103 000
-
-
income
8 418
19 570
-
-
total
8 418
19 570
-
-
Dividends
35 888
83 430
-
-
withholding
5 383
12 514
-
-
total
5 383
12 514
-
-
Income
103 000
103 000
103 000
103 000
Total tax
42 709
32 084
50 731
52 834
After tax
60 291
70 916
52 269
50 166
Living cost
29 785
29 785
29 785
29 785
Free-cash
30 506
41 131
22 484
20 381

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25612
₽25117
₽19985
-₽1185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
chamber of commerce
-
-
-
412
income
-
-
-
17 282
pensions
-
-
-
19 055
unemployment
-
-
-
6 190
health
-
-
-
7 879
surtax
-
-
-
-
total
-
-
-
50 818
Employee
44 114
40 217
79 980
-
other
440
402
801
-
health
1 706
1 557
3 095
-
income
3 930
2 967
15 442
-
pensions
4 518
4 117
8 191
-
unemployment
1 323
1 207
2 400
-
total
11 917
10 250
29 929
-
Employer
44 114
40 217
79 980
-
accident
573
523
1 040
-
other
2 095
1 909
3 800
-
chamber of commerce
176
161
320
-
unemployment
1 323
1 207
2 400
-
surtax
-
-
-
-
pensions
5 537
5 048
10 037
-
payroll
1 323
1 207
2 400
-
health
1 668
1 521
3 024
-
total
12 695
11 576
23 021
-
Corporate
46 190
51 208
76 150
-
income

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

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

11 548
12 803
19 038
-
total
11 548
12 803
19 038
-
Dividends
34 642
38 405
-
-
withholding
9 526
10 562
-
-
total
9 526
10 562
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 686
45 191
71 988
50 818
After tax
57 314
57 809
31 012
52 182
Living cost
32 197
32 197
32 197
32 197
Free-cash
25 117
25 612
-1 185
19 985

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83701
₽81049
₽87821
₽68251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
103 000
-
income
3 537
-
20 600
-
total
3 537
-
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%.

85 314
103 000
-
-
total
-
-
-
-
Dividends
85 314
103 000
-
-
withholding
4 265
5 150
-
-
total
4 265
5 150
-
-
Income
103 000
103 000
103 000
103 000
Total tax
7 802
5 150
20 600
1 030
After tax
95 198
97 850
82 400
101 970
Living cost
14 149
14 149
14 149
14 149
Free-cash
81 049
83 701
68 251
87 821

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43845
₽35405
₽26129
₽23176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
103 000
income
-
-
-
20 700
pensions
-
-
-
18 810
unemployment
-
-
-
155
health
-
-
-
10 137
total
-
-
-
49 802
Employee

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

44 626
-
89 123
-
health
2 882
-
5 759
-
income
7 696
-
19 181
-
pensions
6 917
-
13 814
-
unemployment
63
-
124
-
total
17 558
-
38 878
-
Employer

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

44 626
-
89 123
-
unemployment
27
-
54
-
pensions
3 949
-
7 886
-
health
2 972
-
5 937
-
total
6 948
-
13 877
-
Corporate
51 426
103 000
-
-
income
9 771
19 571
-
-
total
9 771
19 571
-
-
Dividends
41 655
83 429
-
-
withholding
6 249
12 515
-
-
total
6 249
12 515
-
-
Income
103 000
103 000
103 000
103 000
Total tax
40 526
32 086
52 755
49 802
After tax
62 474
70 914
50 245
53 198
Living cost
27 069
27 069
27 069
27 069
Free-cash
35 405
43 845
23 176
26 129

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19081
-₽47609
₽27597
₽46128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
20 077
social contributions
-
-
-
11 742
total
-
-
-
31 819
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
103 000
-
-
income
-
22 660
-
-
total
-
22 660
-
-
Dividends
-
80 340
-
-
income
-
17 675
-
-
total
-
17 675
-
-
Income
103 000
103 000
103 000
103 000
Total tax
107 025
40 335
13 288
31 819
After tax
-4 025
62 665
89 712
71 181
Living cost
43 584
43 584
43 584
43 584
Free-cash
-47 609
19 081
46 128
27 597

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26932
₽25915
₽25847
₽20494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
9 706
surtax
-
-
-
-
social contributions

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

-
-
-
35 792
total
-
-
-
45 498
Employee
46 415
-
83 232
-
social contributions
5 106
-
9 156
-
surtax
-
-
-
-
income
9 654
-
21 927
-
total
14 760
-
31 083
-
Employer
46 415
-
83 232
-
social contributions
11 023
-
19 768
-
total
11 023
-
19 768
-
Corporate
45 562
103 000
-
-
surtax
-
-
-
-
income
9 568
21 629
-
-
total
9 568
21 629
-
-
Dividends
35 994
81 371
-
-
withholding
10 079
22 784
-
-
total
10 079
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
45 430
44 413
50 851
45 498
After tax
57 570
58 587
52 149
57 502
Living cost
31 655
31 655
31 655
31 655
Free-cash
25 915
26 932
20 494
25 847

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3168
₽10105
₽10512
₽15989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
10 104
pensions
-
-
-
25 492
other
-
-
-
3 196
health
-
-
-
2 020
surtax
-
-
-
-
social contributions
-
-
-
2 934
total
-
-
-
43 746
Employee
63 207
-
83 542
-
social contributions
1 800
-
2 380
-
surtax
-
-
-
-
income
5 515
-
12 409
-
pensions
7 149
-
4 022
-
total
14 464
-
18 811
-
Employer
63 207
-
83 542
-
other
2 181
-
2 882
-
social contributions
190
-
251
-
unemployment
2 561
-
3 384
-
pensions
10 386
-
7 092
-
health
4 424
-
5 849
-
total
19 742
-
19 458
-
Corporate
20 052
103 000
-
-
surtax
-
-
-
-
income
5 615
28 840
-
-
total
5 615
28 840
-
-
Dividends
14 437
74 160
-
-
surtax
-
-
-
-
social contributions
2 484
12 757
-
-
withholding
1 848
9 493
-
-
total
4 332
22 250
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 153
51 090
38 269
43 746
After tax
58 847
51 910
64 731
59 254
Living cost
48 742
48 742
48 742
48 742
Free-cash
10 105
3 168
15 989
10 512

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62365
₽58972
₽48098
₽50834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
1 906
social contributions
-
-
-
22 660
total
-
-
-
24 566
Employee
32 444
-
89 177
-
income
-
-
2 210
-
social contributions
2 109
-
5 797
-
total
2 109
-
8 007
-
Employer
32 444
-
89 177
-
social contributions
5 029
-
13 823
-
total
5 029
-
13 823
-
Corporate
65 527
103 000
-
-
income
6 554
10 299
-
-
total
6 554
10 299
-
-
Dividends
58 973
92 701
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
13 692
10 299
21 830
24 566
After tax
89 308
92 701
81 170
78 434
Living cost
30 336
30 336
30 336
30 336
Free-cash
58 972
62 365
50 834
48 098

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽116973
-₽116973
₽15144
-₽116973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
19 233
pensions
-
-
-
875
national
-
-
-
10 955
labour market
-
-
-
8 170
total
-
-
-
39 233
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
103 000
103 000
103 000
103 000
Total tax
171 350
171 350
171 350
39 233
After tax
-68 350
-68 350
-68 350
63 767
Living cost
48 623
48 623
48 623
48 623
Free-cash
-116 973
-116 973
-116 973
15 144

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
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.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13403
₽5009
₽48932
₽31611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
25 335
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 322
Employee
34 209
-
88 308
-
health
3 917
-
10 112
-
income
4 693
-
17 185
-
pensions
3 852
-
7 654
-
total
12 462
-
34 951
-
Employer
34 209
-
88 308
-
accident
571
-
1 475
-
unemployment
838
-
2 164
-
pensions
5 562
-
11 053
-
total
6 971
-
14 692
-
Corporate
61 820
103 000
-
-
income

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

55 637
92 700
-
-
total
55 637
92 700
-
-
Dividends
6 182
10 300
-
-
withholding
1 175
1 957
-
-
total
1 175
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
76 245
94 657
49 643
32 322
After tax
26 755
8 343
53 357
70 678
Living cost
21 746
21 746
21 746
21 746
Free-cash
5 009
-13 403
31 611
48 932

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29582
₽27603
₽34163
₽19851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
municipal
-
-
-
18 330
health
-
-
-
1 164
national
-
-
-
10 598
total
-
-
-
30 092
Employee
53 095
-
86 651
-
health
396
-
914
-
municipal
8 697
-
14 145
-
pensions
3 583
-
5 849
-
unemployment
797
-
1 300
-
national
877
-
5 847
-
total
14 350
-
28 055
-
Employer
53 095
-
86 651
-
accident
54
-
86
-
unemployment
345
-
563
-
pensions
9 212
-
15 034
-
health
408
-
666
-
total
10 019
-
16 349
-
Corporate
39 887
103 000
-
-
income
7 976
20 601
-
-
total
7 976
20 601
-
-
Dividends

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

23 933
61 799
-
-
national
-
2 949
-
-
municipal
4 307
11 123
-
-
total
4 307
14 072
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 652
34 673
44 404
30 092
After tax
66 348
68 327
58 596
72 908
Living cost
38 745
38 745
38 745
38 745
Free-cash
27 603
29 582
19 851
34 163

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52016
₽46527
₽49418
₽49315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 523
health
-
-
-
2 626
social contributions
-
-
-
16 068
total
-
-
-
30 217
Employee
77 601
77 601
93 509
-
social contributions
2 934
6 441
7 762
-
health
601
1 320
1 590
-
income
8 449
7 184
11 477
-
total
11 984
14 945
20 829
-
Employer
77 601
77 601
93 509
-
social contributions
2 934
6 441
7 762
-
health
653
1 436
1 729
-
total
3 587
7 877
9 491
-
Corporate
64 063
17 522
-
-
income
8 007
2 191
-
-
total
8 007
2 191
-
-
Dividends
56 056
15 331
-
-
withholding
9 530
2 606
-
-
total
9 530
2 606
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 108
27 619
30 320
30 217
After tax
69 892
75 381
72 680
72 783
Living cost
23 365
23 365
23 365
23 365
Free-cash
46 527
52 016
49 315
49 418

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69272
₽64136
₽67014
₽47496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 863
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
19 963
Employee

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

23 164
-
93 380
-
health
1 969
-
7 938
-
income
1 584
-
7 450
-
pensions
3 474
-
14 007
-
unemployment
115
-
467
-
total
7 142
-
29 862
-
Employer

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

23 164
-
93 380
-
unemployment
115
-
467
-
pensions
1 274
-
5 136
-
health
996
-
4 016
-
total
2 385
-
9 619
-
Corporate
77 451
103 000
-
-
income
6 971
9 269
-
-
total
6 971
9 269
-
-
Dividends
70 480
93 731
-
-
withholding
6 343
8 436
-
-
total
6 343
8 436
-
-
Income
103 000
103 000
103 000
103 000
Total tax
22 841
17 705
39 481
19 963
After tax
80 159
85 295
63 519
83 037
Living cost
16 023
16 023
16 023
16 023
Free-cash
64 136
69 272
47 496
67 014

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41645
₽36351
₽27691
₽26561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
19 495
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 558
Employee
37 315
-
78 102
-
other
36
-
79
-
income
7 194
-
18 830
-
pensions
1 754
-
3 671
-
unemployment
578
-
1 210
-
total
9 562
-
23 790
-
Employer
37 315
-
78 102
-
accident
739
-
1 545
-
other
299
-
626
-
unemployment
2 053
-
4 296
-
pensions
8 806
-
18 431
-
total
11 897
-
24 898
-
Corporate
53 788
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.

8 068
15 449
-
-
total
8 068
15 449
-
-
Dividends
45 720
87 551
-
-
withholding
9 371
18 155
-
-
total
9 371
18 155
-
-
Income
103 000
103 000
103 000
103 000
Total tax
38 898
33 604
48 688
47 558
After tax
64 102
69 396
54 312
55 442
Living cost
27 751
27 751
27 751
27 751
Free-cash
36 351
41 645
26 561
27 691

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61516
₽61062
₽62576
₽62378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
34 201
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
37 668
Employee
4 198
-
100 738
-
health
210
-
503
-
income
812
-
34 095
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
35 604
-
Employer
4 198
-
100 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
97 858
103 000
-
-
income
21 529
22 660
-
-
total
21 529
22 660
-
-
Dividends
76 329
80 340
-
-
withholding
15 266
16 068
-
-
total
15 266
16 068
-
-
Income
103 000
103 000
103 000
103 000
Total tax
39 182
38 728
37 866
37 668
After tax
63 818
64 272
65 134
65 332
Living cost
2 756
2 756
2 756
2 756
Free-cash
61 062
61 516
62 378
62 576

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56964
₽52000
₽37289
₽37290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
103 000
income
-
-
-
20 065
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
48 258
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.

26 319
-
89 649
-
health
1 355
-
3 841
-
income
3 628
-
20 065
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
34 907
-
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.

26 319
-
89 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
71 970
103 000
-
-
income
10 796
15 450
-
-
total
10 796
15 450
-
-
Dividends
61 175
87 550
-
-
withholding
9 176
13 133
-
-
total
9 176
13 133
-
-
Income
103 000
103 000
103 000
103 000
Total tax
33 547
28 583
48 257
48 258
After tax
69 453
74 417
54 743
54 742
Living cost
17 453
17 453
17 453
17 453
Free-cash
52 000
56 964
37 290
37 289

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31380
₽31018
₽30295
₽24942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
income
-
-
-
9 706
surtax
-
-
-
-
social contributions

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

-
-
-
35 792
total
-
-
-
45 498
Employee
39 169
-
83 232
-
social contributions
4 309
-
9 156
-
surtax
-
-
-
-
income
7 653
-
21 927
-
total
11 962
-
31 083
-
Employer
39 169
-
83 232
-
social contributions
9 302
-
19 768
-
total
9 302
-
19 768
-
Corporate
54 530
103 000
-
-
surtax
-
-
-
-
income
11 450
21 629
-
-
total
11 450
21 629
-
-
Dividends
43 079
81 371
-
-
withholding
12 061
22 784
-
-
total
12 061
22 784
-
-
Income
103 000
103 000
103 000
103 000
Total tax
44 775
44 413
50 851
45 498
After tax
58 225
58 587
52 149
57 502
Living cost
27 207
27 207
27 207
27 207
Free-cash
31 018
31 380
24 942
30 295

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33929
₽26230
₽19975
₽18845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
19 495
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 558
Employee
48 739
-
78 102
-
other
48
-
79
-
income
10 180
-
18 830
-
pensions
2 290
-
3 671
-
unemployment
755
-
1 210
-
total
13 273
-
23 790
-
Employer
48 739
-
78 102
-
accident
965
-
1 545
-
other
391
-
626
-
unemployment
2 681
-
4 296
-
pensions
11 502
-
18 431
-
total
15 539
-
24 898
-
Corporate
38 722
103 000
-
-
income

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

5 809
15 449
-
-
total
5 809
15 449
-
-
Dividends
32 913
87 551
-
-
withholding
6 682
18 155
-
-
total
6 682
18 155
-
-
Income
103 000
103 000
103 000
103 000
Total tax
41 303
33 604
48 688
47 558
After tax
61 697
69 396
54 312
55 442
Living cost
35 467
35 467
35 467
35 467
Free-cash
26 230
33 929
18 845
19 975

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70694
₽64541
₽60762
₽63993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
24 867
Employee
23 001
-
96 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
9 608
-
pensions

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

2 019
-
3 097
-
total
5 630
-
14 715
-
Employer
23 001
-
96 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
75 486
103 000
-
-
income
7 548
10 300
-
-
total
7 548
10 300
-
-
Dividends
67 938
92 700
-
-
withholding
3 397
4 635
-
-
total
3 397
4 635
-
-
Income
103 000
103 000
103 000
103 000
Total tax
21 088
14 935
21 636
24 867
After tax
81 912
88 065
81 364
78 133
Living cost
17 371
17 371
17 371
17 371
Free-cash
64 541
70 694
63 993
60 762

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14171
₽27373
₽26060
₽34107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
103 000
trade
-
-
-
8 047
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.

-
-
-
21 836
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.

-
-
-
6 894
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.

-
-
-
1 201
total
-
-
-
37 978
Employee

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

50 213
-
103 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 201
-
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.

4 129
-
21 836
-
total
11 251
-
29 931
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 787
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.

435
850
-
-
income
7 919
15 449
-
-
trade
7 574
14 781
-
-
chamber of commerce
230
305
-
-
total
16 158
31 385
-
-
Dividends
36 629
71 615
-
-
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.

483
963
-
-
withholding
8 773
17 519
-
-
total
9 256
18 482
-
-
Income
103 000
103 000
103 000
103 000
Total tax
36 665
49 867
29 931
37 978
After tax
66 335
53 133
73 069
65 022
Living cost
38 962
38 962
38 962
38 962
Free-cash
27 373
14 171
34 107
26 060

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14613
₽16841
₽11791
₽11791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
income
-
-
-
24 519
social contributions
-
-
-
9 203
total
-
-
-
33 722
Employee
78 941
-
103 000
-
income
14 896
-
24 519
-
social contributions
6 558
-
9 203
-
total
21 454
-
33 722
-
Employer
78 941
-
103 000
-
total
-
-
-
-
Corporate
24 059
103 000
-
-
income
3 007
12 875
-
-
total
3 007
12 875
-
-
Dividends
21 053
90 125
-
-
withholding
4 211
18 025
-
-
total
4 211
18 025
-
-
Income
103 000
103 000
103 000
103 000
Total tax
28 672
30 900
33 722
33 722
After tax
74 328
72 100
69 278
69 278
Living cost
57 487
57 487
57 487
57 487
Free-cash
16 841
14 613
11 791
11 791

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24984
₽28768
₽30898
₽39044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
103 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
98 358
-
income
5 023
-
18 038
-
social contributions
4 638
-
4 642
-
total
9 661
-
22 680
-
Employer
46 295
-
98 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
52 066
103 000
-
-
income
18 222
36 050
-
-
total
18 222
36 050
-
-
Dividends
33 844
66 950
-
-
social contributions
5 077
5 332
-
-
total
5 077
5 332
-
-
Income
103 000
103 000
103 000
103 000
Total tax
37 598
41 382
27 322
35 468
After tax
65 402
61 618
75 678
67 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
28 768
24 984
39 044
30 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37937
₽33845
₽36366
₽26845
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 441
pensions
-
-
-
7 578
total
-
-
-
29 019
Employee
51 632
-
90 676
-
health
674
-
1 474
-
income
9 403
-
16 116
-
pensions
3 941
-
8 626
-
total
14 018
-
26 216
-
Employer
51 632
-
90 676
-
pensions
5 216
-
10 602
-
health
981
-
1 722
-
total
6 197
-
12 324
-
Corporate
45 170
103 000
-
-
income

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

8 582
19 570
-
-
total
8 582
19 570
-
-
Dividends
36 588
83 430
-
-
withholding
2 743
7 878
-
-
total
2 743
7 878
-
-
Income
103 000
103 000
103 000
103 000
Total tax
31 540
27 448
38 540
29 019
After tax
71 460
75 552
64 460
73 981
Living cost
37 615
37 615
37 615
37 615
Free-cash
33 845
37 937
26 845
36 366

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Edinburgh model

Close
Warsaw , Poland
-₽15557
₽4677
₽46778
₽29457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
25 335
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 322
Employee
37 595
-
88 308
-
health
4 304
-
10 112
-
income
5 158
-
17 185
-
pensions
4 233
-
7 654
-
total
13 695
-
34 951
-
Employer
37 595
-
88 308
-
accident
628
-
1 475
-
unemployment
921
-
2 164
-
pensions
6 113
-
11 053
-
total
7 662
-
14 692
-
Corporate
57 744
103 000
-
-
income

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

51 969
92 700
-
-
total
51 969
92 700
-
-
Dividends
5 774
10 300
-
-
withholding
1 097
1 957
-
-
total
1 097
1 957
-
-
Income
103 000
103 000
103 000
103 000
Total tax
74 423
94 657
49 643
32 322
After tax
28 577
8 343
53 357
70 678
Living cost
23 900
23 900
23 900
23 900
Free-cash
4 677
-15 557
29 457
46 778

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽73044
₽69012
₽45193
₽51328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
515
health insurance
-
-
-
7 622
income
-
-
-
15 851
pensions
-
-
-
18 952
unemployment
-
-
-
1 236
total
-
-
-
44 176
Employee

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

21 810
-
103 000
-
work injury
109
-
403
-
income
2 181
-
15 851
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
38 041
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
81 190
103 000
-
-
income

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

-
1 030
-
-
total
-
1 030
-
-
Dividends
81 190
101 970
-
-
withholding
12 178
15 295
-
-
total
12 178
15 295
-
-
Income
103 000
103 000
103 000
103 000
Total tax
20 357
16 325
38 041
44 176
After tax
82 643
86 675
64 959
58 824
Living cost
13 631
13 631
13 631
13 631
Free-cash
69 012
73 044
51 328
45 193

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14050
₽9457
₽11513
₽6802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
103 000
municipal
-
-
-
689
regional
-
-
-
2 077
national
-
-
-
22 026
social contributions
-
-
-
26 492
total
-
-
-
51 284
Employee
85 040
-
103 000
-
social contributions
28 675
-
34 732
-
regional
1 284
-
1 753
-
municipal
508
-
615
-
national
14 371
-
18 895
-
total
44 838
-
55 995
-
Employer
85 040
-
103 000
-
total
-
-
-
-
Corporate
17 960
103 000
-
-
nationa
4 311
24 720
-
-
municipal
866
4 964
-
-
total
5 177
29 684
-
-
Dividends
12 783
73 316
-
-
withholding
3 325
19 063
-
-
total
3 325
19 063
-
-
Income
103 000
103 000
103 000
103 000
Total tax
53 340
48 747
55 995
51 284
After tax
49 660
54 253
47 005
51 716
Living cost
40 203
40 203
40 203
40 203
Free-cash
9 457
14 050
6 802
11 513

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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