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
₽ 104000
per

Your estimated
City
free-cash

Dresden , Germany
₽22598
₽43417
₽34282
₽33544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income

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

-
-
-
22 611
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.

-
-
-
1 243
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.

-
-
-
6 760
trade
-
-
-
9 135
total
-
-
-
39 749
Employee

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

37 844
-
104 000
-
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.

58
-
1 243
-
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.

1 057
-
22 611
-
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.

6 760
-
6 760
-
total
7 875
-
30 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 156
104 000
-
-
income
9 923
15 600
-
-
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.

546
858
-
-
chamber of commerce
246
300
-
-
trade
10 419
16 381
-
-
total
21 134
33 139
-
-
Dividends
45 021
70 861
-
-
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.

599
954
-
-
withholding
10 879
17 340
-
-
total
11 478
18 294
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 487
51 433
30 614
39 749
After tax
63 513
52 567
73 386
64 251
Living cost
29 969
29 969
29 969
29 969
Free-cash
33 544
22 598
43 417
34 282

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12494
₽11177
₽10362
₽11623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
1 118
municipal
-
-
-
10 840
national
-
-
-
16 798
pensions
-
-
-
12 480
total
-
-
-
41 236
Employee
81 232
-
89 907
-
municipal
10 033
-
11 243
-
pensions
3 249
-
3 596
-
national
15 548
-
17 422
-
total
28 830
-
32 261
-
Employer
81 232
-
89 907
-
pensions
6 499
-
7 193
-
social contributions
873
-
967
-
total
7 372
-
8 160
-
Corporate
10 035
104 000
-
-
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%.

2 007
20 800
-
-
total
2 007
20 800
-
-
Dividends
8 028
83 200
-
-
withholding
1 766
18 304
-
-
total
1 766
18 304
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 975
39 104
40 421
41 236
After tax
64 025
64 896
63 579
62 764
Living cost
52 402
52 402
52 402
52 402
Free-cash
11 623
12 494
11 177
10 362

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62614
₽37977
₽34877
₽54499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
15 103
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.

-
-
-
33 435
microenterprise
-
-
-
-
total
-
-
-
48 538
Employee
28 912
-
83 810
-
surtax
-
-
-
-
social contributions

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

3 181
-
9 219
-
income
5 147
-
16 029
-
total
8 328
-
25 248
-
Employer
28 912
-
83 810
-
social contributions

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

6 964
-
20 190
-
surtax
-
-
-
-
total
6 964
-
20 190
-
Corporate
68 124
104 000
-
-
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%.

13 624
20 801
-
-
total
13 624
20 801
-
-
Dividends

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

54 500
83 199
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
28 916
20 801
45 438
48 538
After tax
75 084
83 199
58 562
55 462
Living cost
20 585
20 585
20 585
20 585
Free-cash
54 499
62 614
37 977
34 877

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8993
₽10370
₽17553
₽2933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
21 262
health
-
-
-
12 143
pensions
-
-
-
11 593
total
-
-
-
44 998
Employee
84 494
84 494
88 502
-
pensions
15 209
11 593
11 593
-
income

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

13 830
13 830
13 830
-
health
12 969
11 031
11 260
-
total
42 008
36 454
36 683
-
Employer
84 494
84 494
88 502
-
health
5 873
5 873
6 151
-
pensions
5 881
5 881
6 161
-
unemployment
3 042
3 042
3 186
-
total
14 796
14 796
15 498
-
Corporate
5 746
4 710
-
-
income
1 149
943
-
-
total
1 149
943
-
-
Dividends
4 597
3 767
-
-
income
976
800
-
-
withholding
689
565
-
-
total
1 665
1 365
-
-
Income
104 000
104 000
104 000
104 000
Total tax
59 618
53 558
52 181
44 998
After tax
44 382
50 442
51 819
59 002
Living cost
41 449
41 449
41 449
41 449
Free-cash
2 933
8 993
10 370
17 553

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15967
₽14720
₽13982
₽15052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
179
other
-
-
-
10 395
unemployment
-
-
-
90
health
-
-
-
5 582
municipal
-
-
-
23 285
national
-
-
-
-
pensions
-
-
-
9 670
total
-
-
-
49 201
Employee
58 161
-
79 136
-
municipal
17 344
-
23 598
-
national
-
-
-
-
total
17 344
-
23 598
-
Employer
58 161
-
79 136
-
health
3 577
-
4 867
-
pensions
6 287
-
8 555
-
accident
116
-
158
-
unemployment
1 535
-
2 089
-
other
6 758
-
9 196
-
total
18 273
-
24 865
-
Corporate
27 565
104 000
-
-
income
6 064
22 880
-
-
total
6 064
22 880
-
-
Dividends
21 501
81 120
-
-
withholding
6 450
24 336
-
-
total
6 450
24 336
-
-
Income
104 000
104 000
104 000
104 000
Total tax
48 131
47 216
48 463
49 201
After tax
55 869
56 784
55 537
54 799
Living cost
40 817
40 817
40 817
40 817
Free-cash
15 052
15 967
14 720
13 982

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13165
₽34517
₽24977
₽27069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income

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

-
-
-
22 611
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.

-
-
-
1 243
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.

-
-
-
6 760
trade
-
-
-
9 540
total
-
-
-
40 154
Employee

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

50 177
-
104 000
-
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.

237
-
1 243
-
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.

4 311
-
22 611
-
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.

6 760
-
6 760
-
total
11 308
-
30 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 823
104 000
-
-
income
8 074
15 600
-
-
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.

443
858
-
-
chamber of commerce
227
299
-
-
trade
8 853
17 107
-
-
total
17 597
33 864
-
-
Dividends
36 226
70 137
-
-
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.

477
944
-
-
withholding
8 680
17 158
-
-
total
9 157
18 102
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 062
51 966
30 614
40 154
After tax
65 938
52 034
73 386
63 846
Living cost
38 869
38 869
38 869
38 869
Free-cash
27 069
13 165
34 517
24 977

Estimated living cost  is ₽38869 per week

₽25996
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.
₽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.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44004
₽40889
₽41146
₽39902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
12 101
social contributions
-
-
-
16 009
health
-
-
-
2 651
total
-
-
-
30 761
Employee
76 083
76 083
94 416
-
social contributions
3 697
6 315
7 837
-
income
7 989
7 043
11 993
-
health
757
1 294
1 605
-
total
12 443
14 652
21 435
-
Employer
76 083
76 083
94 416
-
health
824
1 408
1 746
-
social contributions
3 697
6 315
7 837
-
total
4 521
7 723
9 583
-
Corporate
54 943
20 194
-
-
income
6 868
2 524
-
-
total
6 868
2 524
-
-
Dividends
48 074
17 670
-
-
withholding
8 173
3 004
-
-
total
8 173
3 004
-
-
Income
104 000
104 000
104 000
104 000
Total tax
32 005
27 903
31 018
30 761
After tax
71 995
76 097
72 982
73 239
Living cost
32 093
32 093
32 093
32 093
Free-cash
39 902
44 004
40 889
41 146

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40405
₽42123
₽53879
₽40784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
12 714
unemployment
-
-
-
1 560
health
-
-
-
7 280
pensions
-
-
-
10 400
total
-
-
-
31 954
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.

26 224
10 437
87 029
-
unemployment
393
157
1 305
-
pensions
2 622
1 044
8 703
-
income
3 206
1 276
10 639
-
health
1 836
731
6 092
-
total
8 057
3 208
26 739
-
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.

26 224
10 437
87 029
-
pensions
5 114
2 035
16 971
-
total
5 114
2 035
16 971
-
Corporate
72 662
91 528
-
-
income
6 540
8 238
-
-
total
6 540
8 238
-
-
Dividends
66 122
83 290
-
-
social contributions
12 775
16 122
-
-
withholding
12 563
15 825
-
-
total
25 338
31 947
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 049
45 428
43 710
31 954
After tax
58 951
58 572
60 290
72 046
Living cost
18 167
18 167
18 167
18 167
Free-cash
40 784
40 405
42 123
53 879

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59300
₽36046
₽31845
₽53156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
13 936
health
-
-
-
13 519
pensions
-
-
-
20 801
total
-
-
-
48 256
Employee
28 069
-
77 726
-
unemployment
449
-
1 243
-
pensions
561
-
1 555
-
income
3 160
-
14 986
-
total
4 170
-
17 784
-
Employer
28 069
-
77 726
-
health
3 648
-
10 104
-
pensions
5 614
-
15 545
-
unemployment
225
-
622
-
total
9 487
-
26 271
-
Corporate
66 443
104 000
-
-
income
13 288
20 801
-
-
total
13 288
20 801
-
-
Dividends
53 155
83 199
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
26 945
20 801
44 055
48 256
After tax
77 055
83 199
59 945
55 744
Living cost
23 899
23 899
23 899
23 899
Free-cash
53 156
59 300
36 046
31 845

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13638
₽31877
₽49294
₽5041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
253
income
-
-
-
25 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
32 644
Employee
34 705
-
89 273
-
pensions
3 908
-
7 651
-
income
4 761
-
17 462
-
health
3 974
-
10 222
-
total
12 643
-
35 335
-
Employer
34 705
-
89 273
-
pensions
5 643
-
11 048
-
accident
579
-
1 491
-
unemployment
850
-
2 187
-
total
7 072
-
14 726
-
Corporate
62 222
104 000
-
-
income

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

56 000
93 600
-
-
total
56 000
93 600
-
-
Dividends
6 222
10 400
-
-
withholding
1 182
1 976
-
-
total
1 182
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
76 897
95 576
50 061
32 644
After tax
27 103
8 424
53 939
71 356
Living cost
22 062
22 062
22 062
22 062
Free-cash
5 041
-13 638
31 877
49 294

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90700
₽75100
₽94860
₽89181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
104 000
microenterprise

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

-
-
-
1 040
total
-
-
-
1 040
Employee
10 125
-
104 000
-
income
2 025
-
20 800
-
total
2 025
-
20 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

93 875
104 000
-
-
total
-
-
-
-
Dividends
93 875
104 000
-
-
withholding
4 694
5 200
-
-
total
4 694
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
6 719
5 200
20 800
1 040
After tax
97 281
98 800
83 200
102 960
Living cost
8 100
8 100
8 100
8 100
Free-cash
89 181
90 700
75 100
94 860

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50043
₽34267
₽29950
₽43363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
13 209
other
-
-
-
4 940
health
-
-
-
4 576
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.

-
-
-
24 960
total
-
-
-
47 685
Employee
35 926
-
83 068
-
unemployment
359
-
830
-
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.

2 514
-
5 815
-
income
6 185
-
14 629
-
health
503
-
1 162
-
total
9 561
-
22 436
-
Employer
35 926
-
83 068
-
health
503
-
1 162
-
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.

6 108
-
14 122
-
accident
287
-
665
-
unemployment
359
-
830
-
other
1 797
-
4 153
-
total
9 054
-
20 932
-
Corporate
59 020
104 000
-
-
income
12 394
21 841
-
-
total
12 394
21 841
-
-
Dividends
46 626
82 159
-
-
withholding
3 263
5 751
-
-
total
3 263
5 751
-
-
Income
104 000
104 000
104 000
104 000
Total tax
34 272
27 592
43 368
47 685
After tax
69 728
76 408
60 632
56 315
Living cost
26 365
26 365
26 365
26 365
Free-cash
43 363
50 043
34 267
29 950

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9654
-₽967
₽8265
-₽2075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
22 324
pensions
-
-
-
7 476
total
-
-
-
29 800
Employee
93 288
-
91 494
-
pensions
9 000
-
8 785
-
income
16 816
-
16 241
-
health
1 537
-
1 500
-
total
27 353
-
26 526
-
Employer
93 288
-
91 494
-
health
1 772
-
1 739
-
pensions
11 015
-
10 767
-
total
12 787
-
12 506
-
Corporate
-
104 000
-
-
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.

-
19 760
-
-
total
-
19 760
-
-
Dividends
-
84 240
-
-
withholding
-
8 651
-
-
total
-
8 651
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 140
28 411
39 032
29 800
After tax
63 860
75 589
64 968
74 200
Living cost
65 935
65 935
65 935
65 935
Free-cash
-2 075
9 654
-967
8 265

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75946
₽69519
₽66197
₽71350
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
15 600
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
24 829
Employee
17 180
-
97 219
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
9 721
-
health
790
-
1 590
-
total
4 205
-
14 726
-
Employer
17 180
-
97 219
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
83 449
104 000
-
-
income
8 345
10 400
-
-
total
8 345
10 400
-
-
Dividends
75 105
93 600
-
-
withholding
3 755
4 680
-
-
total
3 755
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
19 676
15 080
21 507
24 829
After tax
84 324
88 920
82 493
79 171
Living cost
12 974
12 974
12 974
12 974
Free-cash
71 350
75 946
69 519
66 197

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4424
-₽3047
₽4136
-₽3795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
21 262
health
-
-
-
12 143
pensions
-
-
-
11 593
total
-
-
-
44 998
Employee
91 734
84 494
88 502
-
pensions
11 593
11 593
11 593
-
income

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

13 830
13 830
13 830
-
health
11 444
11 031
11 260
-
total
36 867
36 454
36 683
-
Employer
91 734
84 494
88 502
-
health
6 375
5 873
6 151
-
pensions
6 384
5 881
6 161
-
unemployment
3 303
3 042
3 186
-
total
16 062
14 796
15 498
-
Corporate
-
4 710
-
-
income
-
943
-
-
total
-
943
-
-
Dividends
-
3 767
-
-
income
-
800
-
-
withholding
-
565
-
-
total
-
1 365
-
-
Income
104 000
104 000
104 000
104 000
Total tax
52 929
53 558
52 181
44 998
After tax
51 071
50 442
51 819
59 002
Living cost
54 866
54 866
54 866
54 866
Free-cash
-3 795
-4 424
-3 047
4 136

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47018
₽28190
₽26067
₽38247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
8 939
social contributions
-
-
-
30 368
solidarity contribution
-
-
-
-
health
-
-
-
14 040
total
-
-
-
53 347
Employee
36 156
-
77 612
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
5 045
-
income
4 339
-
9 313
-
health
4 881
-
10 478
-
total
11 570
-
24 836
-
Employer
36 156
-
77 612
-
health
3 254
-
6 985
-
social contributions
9 039
-
19 403
-
total
12 293
-
26 388
-
Corporate
55 551
104 000
-
-
income
10 555
19 760
-
-
total
10 555
19 760
-
-
Dividends
44 996
84 240
-
-
withholding
6 749
12 636
-
-
total
6 749
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 167
32 396
51 224
53 347
After tax
62 833
71 604
52 776
50 653
Living cost
24 586
24 586
24 586
24 586
Free-cash
38 247
47 018
28 190
26 067

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13737
₽6330
₽11281
₽8570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
regional
-
-
-
1 156
municipal
-
-
-
618
national
-
-
-
22 445
total
-
-
-
50 968
Employee
87 936
-
104 000
-
municipal
466
-
552
-
national
15 237
-
19 284
-
regional
830
-
1 014
-
social contributions
29 652
-
35 069
-
total
46 185
-
55 919
-
Employer
87 936
-
104 000
-
total
-
-
-
-
Corporate
16 064
104 000
-
-
municipal
627
4 056
-
-
nationa
3 855
24 960
-
-
total
4 482
29 016
-
-
Dividends
11 582
74 985
-
-
withholding
3 012
19 496
-
-
total
3 012
19 496
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 679
48 512
55 919
50 968
After tax
50 321
55 488
48 081
53 032
Living cost
41 751
41 751
41 751
41 751
Free-cash
8 570
13 737
6 330
11 281

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43582
₽29135
₽31109
₽40502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
20 121
other
-
-
-
-
surtax
-
-
-
2 525
unemployment
-
-
-
225
health
-
-
-
7 385
pensions
-
-
-
20 801
total
-
-
-
51 057
Employee
32 720
-
85 913
-
other
-
-
-
-
unemployment
2 278
-
5 980
-
pensions
2 182
-
5 731
-
surtax
107
-
2 289
-
income
5 485
-
18 758
-
health
836
-
2 191
-
total
10 888
-
34 949
-
Employer
32 720
-
85 913
-
health
1 489
-
3 907
-
pensions
4 362
-
11 452
-
unemployment
1 036
-
2 723
-
other
-
-
-
-
total
6 887
-
18 082
-
Corporate
64 392
104 000
-
-
income
16 741
27 040
-
-
total
16 741
27 040
-
-
Dividends
47 651
76 960
-
-
withholding
7 148
11 544
-
-
total
7 148
11 544
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 664
38 584
53 031
51 057
After tax
62 336
65 416
50 969
52 943
Living cost
21 834
21 834
21 834
21 834
Free-cash
40 502
43 582
29 135
31 109

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30544
₽19923
₽29155
₽25118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
22 324
pensions
-
-
-
7 476
total
-
-
-
29 800
Employee
62 519
-
91 494
-
pensions
5 306
-
8 785
-
income
11 260
-
16 241
-
health
908
-
1 500
-
total
17 474
-
26 526
-
Employer
62 519
-
91 494
-
health
1 188
-
1 739
-
pensions
6 768
-
10 767
-
total
7 956
-
12 506
-
Corporate
33 526
104 000
-
-
income

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

6 370
19 760
-
-
total
6 370
19 760
-
-
Dividends
27 155
84 240
-
-
withholding
2 037
8 651
-
-
total
2 037
8 651
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 837
28 411
39 032
29 800
After tax
70 163
75 589
64 968
74 200
Living cost
45 045
45 045
45 045
45 045
Free-cash
25 118
30 544
19 923
29 155

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
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.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30650
₽3333
₽8511
₽2809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other

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

-
-
-
2 081
regional
-
-
-
3 608
health
-
-
-
255
city
-
-
-
1 097
national
-
-
-
673
pensions
-
-
-
9 567
total
-
-
-
17 281
Employee
91 524
-
93 087
-
unemployment
-
-
-
-
pensions
7 689
-
7 818
-
national
433
-
462
-
regional
2 997
-
3 081
-
city
982
-
1 000
-
health
207
-
209
-
total
12 308
-
12 570
-
Employer
91 524
-
93 087
-
health
207
-
209
-
pensions
7 689
-
7 818
-
unemployment
-
-
-
-
other

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

1 830
-
1 862
-
total
9 726
-
9 889
-
Corporate
1 744
104 000
-
-
regional
370
21 995
-
-
national
149
8 840
-
-
total
519
30 835
-
-
Dividends
1 226
73 165
-
-
withholding
430
25 607
-
-
total
430
25 607
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 983
56 442
22 459
17 281
After tax
81 017
47 558
81 541
86 719
Living cost
78 208
78 208
78 208
78 208
Free-cash
2 809
-30 650
3 333
8 511

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6173
₽28059
₽18113
₽22216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income

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

-
-
-
22 611
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.

-
-
-
1 243
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.

-
-
-
6 760
trade
-
-
-
9 946
total
-
-
-
40 560
Employee

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

59 464
-
104 000
-
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.

385
-
1 243
-
income

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

6 992
-
22 611
-
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.

6 760
-
6 760
-
total
14 137
-
30 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 536
104 000
-
-
income
6 681
15 600
-
-
surtax

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

368
858
-
-
chamber of commerce
212
297
-
-
trade
7 638
17 836
-
-
total
14 899
34 591
-
-
Dividends
29 637
69 410
-
-
surtax

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

387
933
-
-
withholding
7 034
16 976
-
-
total
7 421
17 909
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 457
52 500
30 614
40 560
After tax
67 543
51 500
73 386
63 440
Living cost
45 327
45 327
45 327
45 327
Free-cash
22 216
6 173
28 059
18 113

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
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.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18563
₽31008
₽25889
₽24409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
10 618
other
-
-
-
3 230
surtax
-
-
-
-
social contributions
-
-
-
2 963
health
-
-
-
2 204
pensions
-
-
-
25 244
total
-
-
-
44 259
Employee
42 347
-
84 206
-
pensions
4 788
-
4 176
-
surtax
-
-
-
-
social contributions
1 207
-
2 398
-
income
2 499
-
12 771
-
total
8 494
-
19 345
-
Employer
42 347
-
84 206
-
health
2 965
-
5 894
-
pensions
6 957
-
7 333
-
unemployment
1 714
-
3 410
-
social contributions
128
-
253
-
other
1 461
-
2 905
-
total
13 225
-
19 795
-
Corporate
48 429
104 000
-
-
income
13 560
29 121
-
-
surtax
-
-
-
-
total
13 560
29 121
-
-
Dividends
34 869
74 879
-
-
surtax
-
-
-
-
social contributions
5 997
12 879
-
-
withholding
4 463
9 585
-
-
total
10 460
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 739
51 585
39 140
44 259
After tax
58 261
52 415
64 860
59 741
Living cost
33 852
33 852
33 852
33 852
Free-cash
24 409
18 563
31 008
25 889

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
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.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽21917
₽34362
₽29243
₽27417
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
10 618
other
-
-
-
3 230
surtax
-
-
-
-
social contributions
-
-
-
2 963
health
-
-
-
2 204
pensions
-
-
-
25 244
total
-
-
-
44 259
Employee
37 800
-
84 206
-
pensions
4 275
-
4 176
-
surtax
-
-
-
-
social contributions
1 078
-
2 398
-
income
1 949
-
12 771
-
total
7 302
-
19 345
-
Employer
37 800
-
84 206
-
health
2 646
-
5 894
-
pensions
6 211
-
7 333
-
unemployment
1 530
-
3 410
-
social contributions
113
-
253
-
other
1 305
-
2 905
-
total
11 805
-
19 795
-
Corporate
54 395
104 000
-
-
income
15 230
29 121
-
-
surtax
-
-
-
-
total
15 230
29 121
-
-
Dividends
39 165
74 879
-
-
surtax
-
-
-
-
social contributions
6 735
12 879
-
-
withholding
5 013
9 585
-
-
total
11 748
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 085
51 585
39 140
44 259
After tax
57 915
52 415
64 860
59 741
Living cost
30 498
30 498
30 498
30 498
Free-cash
27 417
21 917
34 362
29 243

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42469
₽45727
₽45807
₽42983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
15 600
social contributions
-
-
-
14 353
health
-
-
-
7 259
total
-
-
-
37 212
Employee
33 548
-
104 000
-
social contributions
4 630
-
14 353
-
income
5 595
-
15 680
-
health
2 341
-
7 259
-
total
12 566
-
37 292
-
Employer
33 548
-
104 000
-
total
-
-
-
-
Corporate
70 452
104 000
-
-
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%.

3 522
5 199
-
-
total
3 522
5 199
-
-
Dividends
66 930
98 801
-
-
social contributions
9 236
13 634
-
-
withholding
10 040
14 820
-
-
health
4 672
6 897
-
-
total
23 948
35 351
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 036
40 550
37 292
37 212
After tax
63 964
63 450
66 708
66 788
Living cost
20 981
20 981
20 981
20 981
Free-cash
42 983
42 469
45 727
45 807

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
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.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23350
-₽3960
₽17380
₽21821
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
17 879
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
417
health
-
-
-
7 956
pensions
-
-
-
19 240
total
-
-
-
51 756
Employee
49 448
39 431
80 604
-
other
494
394
806
-
unemployment
1 483
1 183
2 418
-
pensions
5 064
4 037
8 254
-
income
5 629
2 908
15 894
-
health
1 913
1 527
3 119
-
total
14 583
10 049
30 491
-
Employer
49 448
39 431
80 604
-
chamber of commerce
197
158
323
-
health
1 868
1 491
3 047
-
pensions
6 206
4 949
10 115
-
accident
642
513
1 048
-
unemployment
1 483
1 183
2 418
-
surtax
195
195
195
-
payroll
1 483
1 183
2 418
-
other
2 349
1 872
3 829
-
total
14 423
11 544
23 393
-
Corporate
40 128
53 025
76 851
-
income

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

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

10 032
13 256
19 212
-
total
10 032
13 256
19 212
-
Dividends
30 096
39 769
-
-
withholding
8 277
10 937
-
-
total
8 277
10 937
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 315
45 786
73 096
51 756
After tax
56 685
58 214
30 904
52 244
Living cost
34 864
34 864
34 864
34 864
Free-cash
21 821
23 350
-3 960
17 380

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22233
₽4169
₽12154
₽7395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
communal

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

-
-
-
5 250
social contributions
-
-
-
16 497
national
-
-
-
34 023
total
-
-
-
55 770
Employee

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

70 775
-
80 550
-
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.

616
-
700
-
communal

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

3 691
-
4 202
-
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.

5 308
-
6 040
-
national
21 759
-
25 582
-
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.

3 325
-
3 785
-
total
34 699
-
40 309
-
Employer

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

70 775
-
80 550
-
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.

4 352
-
4 953
-
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.

6 271
-
7 137
-
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.

920
-
1 048
-
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.

1 033
-
1 175
-
surtax
8 025
-
9 133
-
total
20 601
-
23 446
-
Corporate
12 623
104 000
-
-
income
2 525
20 801
-
-
surtax
51
417
-
-
total
2 576
21 218
-
-
Dividends
10 047
82 783
-
-
withholding

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

2 653
24 473
-
-
total
2 653
24 473
-
-
Income
104 000
104 000
104 000
104 000
Total tax
60 529
45 691
63 755
55 770
After tax
43 471
58 309
40 245
48 230
Living cost
36 076
36 076
36 076
36 076
Free-cash
7 395
22 233
4 169
12 154

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
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.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34328
₽18865
₽20525
₽26447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
826
income
-
-
-
20 229
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
47 742
Employee
49 252
-
78 858
-
other
49
-
79
-
unemployment
764
-
1 222
-
pensions
2 315
-
3 706
-
income
10 392
-
19 254
-
total
13 520
-
24 261
-
Employer
49 252
-
78 858
-
pensions
11 623
-
18 611
-
accident
975
-
1 562
-
unemployment
2 709
-
4 337
-
other
392
-
631
-
total
15 699
-
25 141
-
Corporate
39 049
104 000
-
-
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.

5 856
15 600
-
-
total
5 856
15 600
-
-
Dividends
33 192
88 400
-
-
withholding
6 745
18 339
-
-
total
6 745
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 820
33 939
49 402
47 742
After tax
62 180
70 061
54 598
56 258
Living cost
35 733
35 733
35 733
35 733
Free-cash
26 447
34 328
18 865
20 525

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9706
₽9591
₽5080
₽2733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
communal
-
-
-
6 574
accident
-
-
-
877
income
-
-
-
9 649
surtax
-
-
-
5 156
health
-
-
-
7 306
pensions
-
-
-
15 588
total
-
-
-
45 150
Employee
74 930
-
92 899
-
pensions
5 993
-
7 432
-
surtax
4 593
-
5 693
-
income
7 237
-
12 278
-
health
3 335
-
4 135
-
total
21 158
-
29 538
-
Employer
74 930
-
92 899
-
health
2 285
-
2 833
-
pensions
5 993
-
7 432
-
accident
674
-
836
-
total
8 952
-
11 101
-
Corporate
20 118
104 000
-
-
communal
-
7 021
-
-
income
3 017
15 600
-
-
surtax
210
1 093
-
-
total
3 227
23 714
-
-
Dividends
16 890
80 287
-
-
income
11 627
4 767
-
-
withholding
2 533
12 043
-
-
total
14 160
16 810
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 497
40 524
40 639
45 150
After tax
56 503
63 476
63 361
58 850
Living cost
53 770
53 770
53 770
53 770
Free-cash
2 733
9 706
9 591
5 080

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43192
₽28745
₽30719
₽40044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
20 121
other
-
-
-
-
surtax
-
-
-
2 525
unemployment
-
-
-
225
health
-
-
-
7 385
pensions
-
-
-
20 801
total
-
-
-
51 057
Employee
33 321
-
85 913
-
other
-
-
-
-
unemployment
2 319
-
5 980
-
pensions
2 223
-
5 731
-
surtax
118
-
2 289
-
income
5 586
-
18 758
-
health
851
-
2 191
-
total
11 097
-
34 949
-
Employer
33 321
-
85 913
-
health
1 515
-
3 907
-
pensions
4 443
-
11 452
-
unemployment
1 057
-
2 723
-
other
-
-
-
-
total
7 015
-
18 082
-
Corporate
63 664
104 000
-
-
income
16 553
27 040
-
-
total
16 553
27 040
-
-
Dividends
47 111
76 960
-
-
withholding
7 067
11 544
-
-
total
7 067
11 544
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 732
38 584
53 031
51 057
After tax
62 268
65 416
50 969
52 943
Living cost
22 224
22 224
22 224
22 224
Free-cash
40 044
43 192
28 745
30 719

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28011
₽21042
₽25966
₽25814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
regional
-
-
-
1 569
municipal
-
-
-
618
national
-
-
-
22 445
total
-
-
-
51 381
Employee
54 886
-
104 000
-
municipal
291
-
552
-
national
8 695
-
19 284
-
regional
739
-
1 400
-
social contributions
18 508
-
35 069
-
total
28 233
-
56 305
-
Employer
54 886
-
104 000
-
total
-
-
-
-
Corporate
49 114
104 000
-
-
municipal
2 441
5 169
-
-
nationa
11 788
24 960
-
-
total
14 229
30 129
-
-
Dividends
34 885
73 871
-
-
withholding
9 071
19 207
-
-
total
9 071
19 207
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 533
49 336
56 305
51 381
After tax
52 467
54 664
47 695
52 619
Living cost
26 653
26 653
26 653
26 653
Free-cash
25 814
28 011
21 042
25 966

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41307
₽22479
₽20356
₽30499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
8 939
social contributions
-
-
-
30 368
solidarity contribution
-
-
-
-
health
-
-
-
14 040
total
-
-
-
53 347
Employee
44 554
-
77 612
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
5 045
-
income
5 346
-
9 313
-
health
6 015
-
10 478
-
total
14 257
-
24 836
-
Employer
44 554
-
77 612
-
health
4 010
-
6 985
-
social contributions
11 138
-
19 403
-
total
15 148
-
26 388
-
Corporate
44 298
104 000
-
-
income
8 417
19 760
-
-
total
8 417
19 760
-
-
Dividends
35 881
84 240
-
-
withholding
5 382
12 636
-
-
total
5 382
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
43 204
32 396
51 224
53 347
After tax
60 796
71 604
52 776
50 653
Living cost
30 297
30 297
30 297
30 297
Free-cash
30 499
41 307
22 479
20 356

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26753
-₽630
₽20872
₽26266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
17 879
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
417
health
-
-
-
7 956
pensions
-
-
-
19 240
total
-
-
-
51 561
Employee
43 251
39 431
80 758
-
other
432
394
807
-
unemployment
1 297
1 183
2 422
-
pensions
4 429
4 037
8 269
-
income
3 853
2 908
15 947
-
health
1 673
1 527
3 124
-
total
11 684
10 049
30 569
-
Employer
43 251
39 431
80 758
-
chamber of commerce
173
158
323
-
health
1 635
1 491
3 053
-
pensions
5 428
4 949
10 136
-
accident
561
513
1 050
-
unemployment
1 297
1 183
2 422
-
surtax
-
-
-
-
payroll
1 297
1 183
2 422
-
other
2 054
1 872
3 836
-
total
12 445
11 349
23 242
-
Corporate
48 302
53 221
77 003
-
income

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

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

12 075
13 305
19 252
-
total
12 075
13 305
19 252
-
Dividends
36 226
39 916
-
-
withholding
9 963
10 977
-
-
total
9 963
10 977
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 167
45 680
73 063
51 561
After tax
57 833
58 320
30 937
52 439
Living cost
31 567
31 567
31 567
31 567
Free-cash
26 266
26 753
-630
20 872

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86177
₽70577
₽90337
₽83810
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
104 000
microenterprise

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

-
-
-
1 040
total
-
-
-
1 040
Employee
15 779
-
104 000
-
income
3 156
-
20 800
-
total
3 156
-
20 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 221
104 000
-
-
total
-
-
-
-
Dividends
88 221
104 000
-
-
withholding
4 411
5 200
-
-
total
4 411
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
7 567
5 200
20 800
1 040
After tax
96 433
98 800
83 200
102 960
Living cost
12 623
12 623
12 623
12 623
Free-cash
83 810
86 177
70 577
90 337

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45064
₽24066
₽27047
₽36789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
21 033
unemployment
-
-
-
156
health
-
-
-
10 233
pensions
-
-
-
18 992
total
-
-
-
50 414
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.

43 753
-
89 989
-
unemployment
62
-
126
-
pensions
6 782
-
13 949
-
income
7 545
-
19 497
-
health
2 826
-
5 813
-
total
17 215
-
39 385
-
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.

43 753
-
89 989
-
health
2 914
-
5 993
-
pensions
3 872
-
7 963
-
unemployment
26
-
54
-
total
6 812
-
14 010
-
Corporate
53 434
104 000
-
-
income
10 152
19 760
-
-
total
10 152
19 760
-
-
Dividends
43 282
84 240
-
-
withholding
6 493
12 637
-
-
total
6 493
12 637
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 672
32 397
53 395
50 414
After tax
63 328
71 603
50 605
53 586
Living cost
26 539
26 539
26 539
26 539
Free-cash
36 789
45 064
24 066
27 047

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19847
₽47332
₽28445
-₽46066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
20 272
social contributions
-
-
-
11 856
total
-
-
-
32 128
Employee
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
Corporate
-
104 000
-
-
income
-
22 880
-
-
total
-
22 880
-
-
Dividends
-
81 120
-
-
income
-
17 846
-
-
total
-
17 846
-
-
Income
104 000
104 000
104 000
104 000
Total tax
106 639
40 726
13 241
32 128
After tax
-2 639
63 274
90 759
71 872
Living cost
43 427
43 427
43 427
43 427
Free-cash
-46 066
19 847
47 332
28 445

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28118
₽21286
₽26883
₽27121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
9 942
surtax
-
-
-
-
social contributions

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

-
-
-
36 139
total
-
-
-
46 081
Employee
45 507
-
84 041
-
surtax
-
-
-
-
social contributions
5 006
-
9 244
-
income
9 466
-
22 475
-
total
14 472
-
31 719
-
Employer
45 507
-
84 041
-
social contributions
10 808
-
19 959
-
total
10 808
-
19 959
-
Corporate
47 686
104 000
-
-
income
10 014
21 841
-
-
surtax
-
-
-
-
total
10 014
21 841
-
-
Dividends
37 672
82 159
-
-
withholding
10 549
23 005
-
-
total
10 549
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 843
44 846
51 678
46 081
After tax
58 157
59 154
52 322
57 919
Living cost
31 036
31 036
31 036
31 036
Free-cash
27 121
28 118
21 286
26 883

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4626
₽17071
₽11952
₽11430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
10 618
other
-
-
-
3 230
surtax
-
-
-
-
social contributions
-
-
-
2 963
health
-
-
-
2 204
pensions
-
-
-
25 244
total
-
-
-
44 259
Employee
61 971
-
84 206
-
pensions
7 009
-
4 176
-
surtax
-
-
-
-
social contributions
1 765
-
2 398
-
income
5 407
-
12 771
-
total
14 181
-
19 345
-
Employer
61 971
-
84 206
-
health
4 337
-
5 894
-
pensions
10 183
-
7 333
-
unemployment
2 510
-
3 410
-
social contributions
186
-
253
-
other
2 139
-
2 905
-
total
19 355
-
19 795
-
Corporate
22 674
104 000
-
-
income
6 348
29 121
-
-
surtax
-
-
-
-
total
6 348
29 121
-
-
Dividends
16 326
74 879
-
-
surtax
-
-
-
-
social contributions
2 807
12 879
-
-
withholding
2 090
9 585
-
-
total
4 897
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
44 781
51 585
39 140
44 259
After tax
59 219
52 415
64 860
59 741
Living cost
47 789
47 789
47 789
47 789
Free-cash
11 430
4 626
17 071
11 952

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63858
₽52037
₽49274
₽60534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
2 103
social contributions
-
-
-
22 881
total
-
-
-
24 984
Employee
31 810
-
90 043
-
income
-
-
2 411
-
social contributions
2 067
-
5 853
-
total
2 067
-
8 264
-
Employer
31 810
-
90 043
-
social contributions
4 931
-
13 957
-
total
4 931
-
13 957
-
Corporate
67 260
104 000
-
-
income
6 726
10 400
-
-
total
6 726
10 400
-
-
Dividends
60 534
93 600
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
13 724
10 400
22 221
24 984
After tax
90 276
93 600
81 779
79 016
Living cost
29 742
29 742
29 742
29 742
Free-cash
60 534
63 858
52 037
49 274

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽111469
-₽111469
₽16577
-₽111469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
labour market
-
-
-
8 251
municipal
-
-
-
19 579
national
-
-
-
11 108
pensions
-
-
-
857
total
-
-
-
39 795
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
167 841
167 841
167 841
39 795
After tax
-63 841
-63 841
-63 841
64 205
Living cost
47 628
47 628
47 628
47 628
Free-cash
-111 469
-111 469
-111 469
16 577

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13313
₽32202
₽49619
₽5090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
253
income
-
-
-
25 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
32 644
Employee
34 194
-
89 273
-
pensions
3 850
-
7 651
-
income
4 691
-
17 462
-
health
3 915
-
10 222
-
total
12 456
-
35 335
-
Employer
34 194
-
89 273
-
pensions
5 560
-
11 048
-
accident
571
-
1 491
-
unemployment
838
-
2 187
-
total
6 969
-
14 726
-
Corporate
62 838
104 000
-
-
income

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

56 554
93 600
-
-
total
56 554
93 600
-
-
Dividends
6 284
10 400
-
-
withholding
1 194
1 976
-
-
total
1 194
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 173
95 576
50 061
32 644
After tax
26 827
8 424
53 939
71 356
Living cost
21 737
21 737
21 737
21 737
Free-cash
5 090
-13 313
32 202
49 619

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
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.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30775
₽20943
₽35297
₽29146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
health
-
-
-
1 189
municipal
-
-
-
18 506
national
-
-
-
11 021
total
-
-
-
30 716
Employee
52 057
-
87 490
-
municipal
8 526
-
14 281
-
unemployment
781
-
1 312
-
pensions
3 513
-
5 905
-
national
860
-
6 127
-
health
389
-
935
-
total
14 069
-
28 560
-
Employer
52 057
-
87 490
-
health
400
-
674
-
pensions
9 032
-
15 179
-
accident
53
-
88
-
unemployment
338
-
569
-
total
9 823
-
16 510
-
Corporate
42 121
104 000
-
-
income
8 425
20 801
-
-
total
8 425
20 801
-
-
Dividends

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

25 272
62 400
-
-
municipal
4 550
11 232
-
-
national
-
3 205
-
-
total
4 550
14 437
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 867
35 238
45 070
30 716
After tax
67 133
68 762
58 930
73 284
Living cost
37 987
37 987
37 987
37 987
Free-cash
29 146
30 775
20 943
35 297

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53189
₽50074
₽50331
₽47804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
12 101
social contributions
-
-
-
16 009
health
-
-
-
2 651
total
-
-
-
30 761
Employee
76 083
76 083
94 416
-
social contributions
2 877
6 315
7 837
-
income
8 284
7 043
11 993
-
health
590
1 294
1 605
-
total
11 751
14 652
21 435
-
Employer
76 083
76 083
94 416
-
health
640
1 408
1 746
-
social contributions
2 877
6 315
7 837
-
total
3 517
7 723
9 583
-
Corporate
65 824
20 194
-
-
income
8 228
2 524
-
-
total
8 228
2 524
-
-
Dividends
57 597
17 670
-
-
withholding
9 792
3 004
-
-
total
9 792
3 004
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 288
27 903
31 018
30 761
After tax
70 712
76 097
72 982
73 239
Living cost
22 908
22 908
22 908
22 908
Free-cash
47 804
53 189
50 074
50 331

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70414
₽48542
₽68387
₽65379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
104 000
income
-
-
-
10 001
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
19 904
Employee

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

22 711
-
94 330
-
unemployment
113
-
469
-
pensions
3 406
-
14 082
-
income
1 553
-
7 548
-
health
1 930
-
7 980
-
total
7 002
-
30 079
-
Employer

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

22 711
-
94 330
-
health
976
-
4 037
-
pensions
1 249
-
5 164
-
unemployment
113
-
469
-
total
2 338
-
9 670
-
Corporate
78 951
104 000
-
-
income
7 105
9 360
-
-
total
7 105
9 360
-
-
Dividends
71 846
94 640
-
-
withholding
6 467
8 517
-
-
total
6 467
8 517
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 912
17 877
39 749
19 904
After tax
81 088
86 123
64 251
84 096
Living cost
15 709
15 709
15 709
15 709
Free-cash
65 379
70 414
48 542
68 387

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42852
₽27389
₽29049
₽37662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
826
income
-
-
-
20 229
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
47 742
Employee
36 586
-
78 858
-
other
36
-
79
-
unemployment
567
-
1 222
-
pensions
1 720
-
3 706
-
income
7 053
-
19 254
-
total
9 376
-
24 261
-
Employer
36 586
-
78 858
-
pensions
8 633
-
18 611
-
accident
725
-
1 562
-
unemployment
2 013
-
4 337
-
other
293
-
631
-
total
11 664
-
25 141
-
Corporate
55 750
104 000
-
-
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.

8 363
15 600
-
-
total
8 363
15 600
-
-
Dividends
47 387
88 400
-
-
withholding
9 726
18 339
-
-
total
9 726
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 129
33 939
49 402
47 742
After tax
64 871
70 061
54 598
56 258
Living cost
27 209
27 209
27 209
27 209
Free-cash
37 662
42 852
27 389
29 049

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62961
₽64391
₽64529
₽62644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
35 102
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
37 536
Employee
2 947
-
102 412
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
35 028
-
health
147
-
353
-
total
1 011
-
36 087
-
Employer
2 947
-
102 412
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
100 390
104 000
-
-
income
22 086
22 880
-
-
total
22 086
22 880
-
-
Dividends
78 304
81 120
-
-
withholding
15 661
16 224
-
-
total
15 661
16 224
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 421
39 104
37 674
37 536
After tax
64 579
64 896
66 326
66 464
Living cost
1 935
1 935
1 935
1 935
Free-cash
62 644
62 961
64 391
64 529

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58030
₽38522
₽38522
₽53161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
20 729
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
48 368
Employee

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

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

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

25 801
-
90 912
-
unemployment
194
-
548
-
pensions
3 612
-
10 237
-
income
3 556
-
20 729
-
health
1 329
-
3 766
-
total
8 691
-
35 280
-
Employer

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

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

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

25 801
-
90 912
-
health
1 329
-
3 766
-
pensions
3 096
-
8 774
-
unemployment
194
-
548
-
total
4 619
-
13 088
-
Corporate
73 580
104 000
-
-
income
11 037
15 600
-
-
total
11 037
15 600
-
-
Dividends
62 543
88 400
-
-
withholding
9 382
13 260
-
-
total
9 382
13 260
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 729
28 860
48 368
48 368
After tax
70 271
75 140
55 632
55 632
Living cost
17 110
17 110
17 110
17 110
Free-cash
53 161
58 030
38 522
38 522

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Belgrade model

Close
Porto , Portugal
₽32479
₽25647
₽31244
₽32123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
9 942
surtax
-
-
-
-
social contributions

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

-
-
-
36 139
total
-
-
-
46 081
Employee
38 403
-
84 041
-
surtax
-
-
-
-
social contributions
4 225
-
9 244
-
income
7 504
-
22 475
-
total
11 729
-
31 719
-
Employer
38 403
-
84 041
-
social contributions
9 120
-
19 959
-
total
9 120
-
19 959
-
Corporate
56 478
104 000
-
-
income
11 861
21 841
-
-
surtax
-
-
-
-
total
11 861
21 841
-
-
Dividends
44 617
82 159
-
-
withholding
12 492
23 005
-
-
total
12 492
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 202
44 846
51 678
46 081
After tax
58 798
59 154
52 322
57 919
Living cost
26 675
26 675
26 675
26 675
Free-cash
32 123
32 479
25 647
31 244

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35288
₽19825
₽21485
₽27741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
826
income
-
-
-
20 229
other
-
-
-
92
unemployment
-
-
-
642
pensions
-
-
-
25 953
total
-
-
-
47 742
Employee
47 786
-
78 858
-
other
47
-
79
-
unemployment
740
-
1 222
-
pensions
2 246
-
3 706
-
income
9 981
-
19 254
-
total
13 014
-
24 261
-
Employer
47 786
-
78 858
-
pensions
11 277
-
18 611
-
accident
946
-
1 562
-
unemployment
2 629
-
4 337
-
other
383
-
631
-
total
15 235
-
25 141
-
Corporate
40 979
104 000
-
-
income

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

6 147
15 600
-
-
total
6 147
15 600
-
-
Dividends
34 832
88 400
-
-
withholding
7 090
18 339
-
-
total
7 090
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 486
33 939
49 402
47 742
After tax
62 514
70 061
54 598
56 258
Living cost
34 773
34 773
34 773
34 773
Free-cash
27 741
35 288
19 825
21 485

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
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.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71897
₽65470
₽62148
₽65866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
15 600
unemployment
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
24 829
Employee
22 540
-
97 219
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
9 721
-
health
1 037
-
1 590
-
total
5 518
-
14 726
-
Employer
22 540
-
97 219
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
77 037
104 000
-
-
income
7 704
10 400
-
-
total
7 704
10 400
-
-
Dividends
69 333
93 600
-
-
withholding
3 467
4 680
-
-
total
3 467
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
21 111
15 080
21 507
24 829
After tax
82 889
88 920
82 493
79 171
Living cost
17 023
17 023
17 023
17 023
Free-cash
65 866
71 897
65 470
62 148

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15438
₽35186
₽26864
₽28382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income

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

-
-
-
22 611
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.

-
-
-
1 243
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.

-
-
-
6 760
trade
-
-
-
8 322
total
-
-
-
38 936
Employee

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

49 231
-
104 000
-
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.

223
-
1 243
-
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.

4 048
-
22 611
-
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.

6 760
-
6 760
-
total
11 031
-
30 614
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 769
104 000
-
-
income
8 215
15 600
-
-
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.

453
858
-
-
chamber of commerce
231
302
-
-
trade
7 860
14 924
-
-
total
16 759
31 684
-
-
Dividends
38 011
72 316
-
-
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.

501
975
-
-
withholding
9 127
17 703
-
-
total
9 628
18 678
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 418
50 362
30 614
38 936
After tax
66 582
53 638
73 386
65 064
Living cost
38 200
38 200
38 200
38 200
Free-cash
28 382
15 438
35 186
26 864

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16436
₽13036
₽13036
₽18623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
25 245
social contributions
-
-
-
9 356
total
-
-
-
34 601
Employee
77 397
-
104 000
-
income
14 604
-
25 245
-
social contributions
6 430
-
9 356
-
total
21 034
-
34 601
-
Employer
77 397
-
104 000
-
total
-
-
-
-
Corporate
26 603
104 000
-
-
income
3 325
13 001
-
-
total
3 325
13 001
-
-
Dividends
23 278
90 999
-
-
withholding
4 655
18 200
-
-
total
4 655
18 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
29 014
31 201
34 601
34 601
After tax
74 986
72 799
69 399
69 399
Living cost
56 363
56 363
56 363
56 363
Free-cash
18 623
16 436
13 036
13 036

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26456
₽40542
₽33913
₽29914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
99 449
-
income
4 925
-
18 439
-
social contributions
4 548
-
4 551
-
total
9 473
-
22 990
-
Employer
45 390
-
99 449
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
54 063
104 000
-
-
income
18 921
36 400
-
-
total
18 921
36 400
-
-
Dividends
35 141
67 600
-
-
social contributions
5 227
5 227
-
-
total
5 227
5 227
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 169
41 627
27 541
34 170
After tax
65 831
62 373
76 459
69 830
Living cost
35 917
35 917
35 917
35 917
Free-cash
29 914
26 456
40 542
33 913

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
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.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38969
₽28348
₽37580
₽35738
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
22 324
pensions
-
-
-
7 476
total
-
-
-
29 800
Employee
50 266
-
91 494
-
pensions
3 837
-
8 785
-
income
9 154
-
16 241
-
health
656
-
1 500
-
total
13 647
-
26 526
-
Employer
50 266
-
91 494
-
health
955
-
1 739
-
pensions
5 078
-
10 767
-
total
6 033
-
12 506
-
Corporate
47 700
104 000
-
-
income

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

9 063
19 760
-
-
total
9 063
19 760
-
-
Dividends
38 637
84 240
-
-
withholding
2 899
8 651
-
-
total
2 899
8 651
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 642
28 411
39 032
29 800
After tax
72 358
75 589
64 968
74 200
Living cost
36 620
36 620
36 620
36 620
Free-cash
35 738
38 969
28 348
37 580

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15465
₽30050
₽47467
₽4760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
253
income
-
-
-
25 659
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
32 644
Employee
37 578
-
89 273
-
pensions
4 231
-
7 651
-
income
5 155
-
17 462
-
health
4 303
-
10 222
-
total
13 689
-
35 335
-
Employer
37 578
-
89 273
-
pensions
6 110
-
11 048
-
accident
628
-
1 491
-
unemployment
921
-
2 187
-
total
7 659
-
14 726
-
Corporate
58 764
104 000
-
-
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.

52 887
93 600
-
-
total
52 887
93 600
-
-
Dividends
5 876
10 400
-
-
withholding
1 116
1 976
-
-
total
1 116
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
75 351
95 576
50 061
32 644
After tax
28 649
8 424
53 939
71 356
Living cost
23 889
23 889
23 889
23 889
Free-cash
4 760
-15 465
30 050
47 467

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
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.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74147
₽52783
₽45948
₽70218
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 000
income
-
-
-
16 083
unemployment
-
-
-
1 248
work injury
-
-
-
520
health insurance
-
-
-
7 696
pensions
-
-
-
19 136
total
-
-
-
44 683
Employee

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

21 391
-
104 000
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
16 083
-
total
8 022
-
37 848
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 609
104 000
-
-
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%.

-
1 040
-
-
total
-
1 040
-
-
Dividends
82 609
102 960
-
-
withholding
12 391
15 444
-
-
total
12 391
15 444
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 413
16 484
37 848
44 683
After tax
83 587
87 516
66 152
59 317
Living cost
13 369
13 369
13 369
13 369
Free-cash
70 218
74 147
52 783
45 948

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15362
₽7814
₽12571
₽10863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
regional
-
-
-
2 123
municipal
-
-
-
695
national
-
-
-
22 445
total
-
-
-
52 012
Employee
83 377
-
104 000
-
municipal
498
-
620
-
national
14 090
-
19 284
-
regional
1 259
-
1 796
-
social contributions
28 114
-
35 069
-
total
43 961
-
56 769
-
Employer
83 377
-
104 000
-
total
-
-
-
-
Corporate
20 623
104 000
-
-
municipal
993
5 013
-
-
nationa
4 949
24 960
-
-
total
5 942
29 973
-
-
Dividends
14 681
74 027
-
-
withholding
3 817
19 248
-
-
total
3 817
19 248
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 720
49 221
56 769
52 012
After tax
50 280
54 779
47 231
51 988
Living cost
39 417
39 417
39 417
39 417
Free-cash
10 863
15 362
7 814
12 571

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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