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
₽22751
₽33640
₽34327
₽43499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 172
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.

-
-
-
22 709
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.

-
-
-
6 725
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.

-
-
-
1 250
total
-
-
-
39 856
Employee

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

37 652
-
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.

1 052
-
22 709
-
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
-
1 250
-
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.

6 725
-
6 725
-
total
7 835
-
30 684
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 348
104 000
-
-
income
9 951
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.

547
857
-
-
trade
10 450
16 379
-
-
chamber of commerce
245
299
-
-
total
21 193
33 135
-
-
Dividends
45 155
70 864
-
-
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.

600
955
-
-
withholding
10 915
17 342
-
-
total
11 515
18 297
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 543
51 432
30 684
39 856
After tax
63 457
52 568
73 316
64 144
Living cost
29 817
29 817
29 817
29 817
Free-cash
33 640
22 751
43 499
34 327

Estimated living cost  is ₽29817 per week

₽18756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11491
₽10602
₽9423
₽10238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 815
national
-
-
-
16 759
pensions
-
-
-
12 480
social contributions
-
-
-
1 118
total
-
-
-
41 172
Employee
82 788
-
89 907
-
national
15 846
-
17 383
-
pensions
3 312
-
3 596
-
municipal
10 226
-
11 218
-
total
29 384
-
32 197
-
Employer
82 788
-
89 907
-
social contributions
890
-
967
-
pensions
6 623
-
7 193
-
total
7 513
-
8 160
-
Corporate
8 235
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%.

1 647
20 800
-
-
total
1 647
20 800
-
-
Dividends
6 588
83 200
-
-
withholding
1 449
18 304
-
-
total
1 449
18 304
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 993
39 104
40 357
41 172
After tax
64 007
64 896
63 643
62 828
Living cost
53 405
53 405
53 405
53 405
Free-cash
10 602
11 491
10 238
9 423

Estimated living cost  is ₽53405 per week

₽36299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62721
₽54645
₽34976
₽38076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
15 109
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
total
-
-
-
48 544
Employee
28 765
-
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.

3 165
-
9 219
-
income
5 120
-
16 035
-
surtax
-
-
-
-
total
8 285
-
25 254
-
Employer
28 765
-
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.

6 929
-
20 190
-
surtax
-
-
-
-
total
6 929
-
20 190
-
Corporate
68 306
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%.

13 661
20 799
-
-
total
13 661
20 799
-
-
Dividends

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

54 645
83 201
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
28 875
20 799
45 444
48 544
After tax
75 125
83 201
58 556
55 456
Living cost
20 480
20 480
20 480
20 480
Free-cash
54 645
62 721
38 076
34 976

Estimated living cost  is ₽20480 per week

₽13065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9218
₽3187
₽17761
₽10743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 356
health
-
-
-
12 111
pensions
-
-
-
11 534
total
-
-
-
45 001
Employee
84 064
84 064
88 502
-
pensions
15 132
11 534
11 534
-
income

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

13 760
13 760
13 760
-
health
12 903
10 975
11 227
-
total
41 795
36 269
36 521
-
Employer
84 064
84 064
88 502
-
health
5 843
5 843
6 152
-
pensions
5 851
5 851
6 159
-
unemployment
3 026
3 026
3 187
-
total
14 720
14 720
15 498
-
Corporate
6 246
5 215
-
-
income
1 250
1 042
-
-
total
1 250
1 042
-
-
Dividends
4 996
4 173
-
-
income
1 061
887
-
-
withholding
749
626
-
-
total
1 810
1 513
-
-
Income
104 000
104 000
104 000
104 000
Total tax
59 575
53 544
52 019
45 001
After tax
44 425
50 456
51 981
58 999
Living cost
41 238
41 238
41 238
41 238
Free-cash
3 187
9 218
10 743
17 761

Estimated living cost  is ₽41238 per week

₽29225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17530
₽16649
₽16242
₽16283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
23 581
national
-
-
-
-
unemployment
-
-
-
86
accident
-
-
-
172
health
-
-
-
5 368
pensions
-
-
-
9 300
other
-
-
-
9 997
total
-
-
-
48 504
Employee
55 934
-
79 136
-
national
-
-
-
-
municipal
16 679
-
23 598
-
total
16 679
-
23 598
-
Employer
55 934
-
79 136
-
health
3 440
-
4 867
-
pensions
6 046
-
8 555
-
accident
112
-
158
-
other
6 500
-
9 196
-
unemployment
1 477
-
2 089
-
total
17 575
-
24 865
-
Corporate
30 492
104 000
-
-
income
6 708
22 880
-
-
total
6 708
22 880
-
-
Dividends
23 784
81 120
-
-
withholding
7 135
24 336
-
-
total
7 135
24 336
-
-
Income
104 000
104 000
104 000
104 000
Total tax
48 097
47 216
48 463
48 504
After tax
55 903
56 784
55 537
55 496
Living cost
39 254
39 254
39 254
39 254
Free-cash
16 649
17 530
16 283
16 242

Estimated living cost  is ₽39254 per week

₽26016
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13363
₽27194
₽25064
₽34644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 580
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.

-
-
-
22 709
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.

-
-
-
6 725
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.

-
-
-
1 250
total
-
-
-
40 264
Employee

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

49 921
-
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.

4 289
-
22 709
-
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.

235
-
1 250
-
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.

6 725
-
6 725
-
total
11 249
-
30 684
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 079
104 000
-
-
income
8 111
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.

446
857
-
-
trade
8 896
17 108
-
-
chamber of commerce
226
297
-
-
total
17 679
33 862
-
-
Dividends
36 399
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.

480
943
-
-
withholding
8 726
17 160
-
-
total
9 206
18 103
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 134
51 965
30 684
40 264
After tax
65 866
52 035
73 316
63 736
Living cost
38 672
38 672
38 672
38 672
Free-cash
27 194
13 363
34 644
25 064

Estimated living cost  is ₽38672 per week

₽25864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44167
₽40084
₽41296
₽40985
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 195
health
-
-
-
2 653
social contributions
-
-
-
15 927
total
-
-
-
30 775
Employee
75 696
75 696
94 417
-
social contributions
3 678
6 282
7 837
-
income
7 949
7 007
12 060
-
health
753
1 287
1 605
-
total
12 380
14 576
21 502
-
Employer
75 696
75 696
94 417
-
social contributions
3 678
6 282
7 837
-
health
820
1 401
1 747
-
total
4 498
7 683
9 584
-
Corporate
55 193
20 620
-
-
income
6 899
2 578
-
-
total
6 899
2 578
-
-
Dividends
48 294
18 042
-
-
withholding
8 210
3 067
-
-
total
8 210
3 067
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 987
27 904
31 086
30 775
After tax
72 013
76 096
72 914
73 225
Living cost
31 929
31 929
31 929
31 929
Free-cash
40 084
44 167
40 985
41 296

Estimated living cost  is ₽31929 per week

₽21827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2494
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.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39326
₽39727
₽52776
₽41020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 560
income
-
-
-
12 714
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.

27 817
11 071
87 029
-
pensions
2 782
1 107
8 703
-
unemployment
417
166
1 305
-
income
3 401
1 353
10 639
-
health
1 947
775
6 092
-
total
8 547
3 401
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.

27 817
11 071
87 029
-
pensions
5 424
2 159
16 971
-
total
5 424
2 159
16 971
-
Corporate
70 759
90 770
-
-
income
6 368
8 169
-
-
total
6 368
8 169
-
-
Dividends
64 390
82 601
-
-
social contributions
12 430
15 981
-
-
withholding
12 234
15 694
-
-
total
24 664
31 675
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 003
45 404
43 710
31 954
After tax
58 997
58 596
60 290
72 046
Living cost
19 270
19 270
19 270
19 270
Free-cash
39 727
39 326
41 020
52 776

Estimated living cost  is ₽19270 per week

₽13150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59424
₽53307
₽31969
₽36168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 799
total
-
-
-
48 254
Employee
27 926
-
77 729
-
pensions
559
-
1 554
-
unemployment
446
-
1 244
-
income
3 144
-
14 986
-
total
4 149
-
17 784
-
Employer
27 926
-
77 729
-
health
3 630
-
10 105
-
pensions
5 586
-
15 544
-
unemployment
224
-
622
-
total
9 440
-
26 271
-
Corporate
66 634
104 000
-
-
income
13 327
20 799
-
-
total
13 327
20 799
-
-
Dividends
53 307
83 201
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
26 916
20 799
44 055
48 254
After tax
77 084
83 201
59 945
55 746
Living cost
23 777
23 777
23 777
23 777
Free-cash
53 307
59 424
36 168
31 969

Estimated living cost  is ₽23777 per week

₽16308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1416
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13059
₽5130
₽49856
₽32619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
25 859
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
32 661
Employee
33 794
-
89 552
-
pensions
3 805
-
7 450
-
income
4 636
-
17 747
-
health
3 869
-
10 254
-
total
12 310
-
35 451
-
Employer
33 794
-
89 552
-
pensions
5 495
-
10 758
-
accident
564
-
1 495
-
unemployment
828
-
2 194
-
total
6 887
-
14 447
-
Corporate
63 319
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.

56 987
93 600
-
-
total
56 987
93 600
-
-
Dividends
6 332
10 400
-
-
withholding
1 203
1 976
-
-
total
1 203
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 387
95 576
49 898
32 661
After tax
26 613
8 424
54 102
71 339
Living cost
21 483
21 483
21 483
21 483
Free-cash
5 130
-13 059
32 619
49 856

Estimated living cost  is ₽21483 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90295
₽88701
₽94455
₽74695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 631
-
104 000
-
income
2 126
-
20 800
-
total
2 126
-
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%.

93 369
104 000
-
-
total
-
-
-
-
Dividends
93 369
104 000
-
-
withholding
4 668
5 200
-
-
total
4 668
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
6 794
5 200
20 800
1 040
After tax
97 206
98 800
83 200
102 960
Living cost
8 505
8 505
8 505
8 505
Free-cash
88 701
90 295
74 695
94 455

Estimated living cost  is ₽8505 per week

₽5271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽234
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50178
₽43529
₽30079
₽34378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 215
health
-
-
-
4 577
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
other
-
-
-
4 939
total
-
-
-
47 691
Employee
35 743
-
83 066
-
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.

2 501
-
5 815
-
unemployment
357
-
831
-
income
6 154
-
14 648
-
health
501
-
1 164
-
total
9 513
-
22 458
-
Employer
35 743
-
83 066
-
health
501
-
1 164
-
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.

6 077
-
14 121
-
accident
286
-
665
-
other
1 788
-
4 153
-
unemployment
357
-
831
-
total
9 009
-
20 934
-
Corporate
59 249
104 000
-
-
income
12 442
21 840
-
-
total
12 442
21 840
-
-
Dividends
46 808
82 160
-
-
withholding
3 277
5 752
-
-
total
3 277
5 752
-
-
Income
104 000
104 000
104 000
104 000
Total tax
34 241
27 592
43 392
47 691
After tax
69 759
76 408
60 608
56 309
Living cost
26 230
26 230
26 230
26 230
Free-cash
43 529
50 178
34 378
30 079

Estimated living cost  is ₽26230 per week

₽18533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9430
-₽2575
₽8012
-₽1266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 238
pensions
-
-
-
7 503
total
-
-
-
29 741
Employee
93 729
-
91 502
-
pensions
9 042
-
8 776
-
income
16 896
-
16 246
-
health
1 544
-
1 499
-
total
27 482
-
26 521
-
Employer
93 729
-
91 502
-
health
1 780
-
1 739
-
pensions
11 067
-
10 759
-
total
12 847
-
12 498
-
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
-
8 563
-
-
total
-
8 563
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 329
28 323
39 019
29 741
After tax
63 671
75 677
64 981
74 259
Living cost
66 246
66 246
66 246
66 246
Free-cash
-2 575
9 430
-1 266
8 012

Estimated living cost  is ₽66246 per week

₽49640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7784
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.
₽8285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽75923
₽71319
₽66157
₽69475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
15 600
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
24 846
Employee
17 210
-
97 206
-
pensions

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

1 511
-
3 040
-
income
1 721
-
9 720
-
health
792
-
1 593
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
total
4 213
-
14 734
-
Employer
17 210
-
97 206
-
health
1 188
-
2 389
-
pensions

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

1 897
-
3 816
-
accident

We are using the highest rate at 1.1%.

189
-
381
-
unemployment
103
-
208
-
total
3 377
-
6 794
-
Corporate
83 413
104 000
-
-
income
8 341
10 400
-
-
total
8 341
10 400
-
-
Dividends
75 072
93 600
-
-
withholding
3 753
4 680
-
-
total
3 753
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
19 684
15 080
21 528
24 846
After tax
84 316
88 920
82 472
79 154
Living cost
12 997
12 997
12 997
12 997
Free-cash
71 319
75 923
69 475
66 157

Estimated living cost  is ₽12997 per week

₽7588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽928
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.
₽4137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4131
-₽3247
₽4412
-₽2606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 356
health
-
-
-
12 111
pensions
-
-
-
11 534
total
-
-
-
45 001
Employee
91 267
84 064
88 502
-
pensions
11 534
11 534
11 534
-
income

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

13 760
13 760
13 760
-
health
11 386
10 975
11 227
-
total
36 680
36 269
36 521
-
Employer
91 267
84 064
88 502
-
health
6 342
5 843
6 152
-
pensions
6 352
5 851
6 159
-
unemployment
3 286
3 026
3 187
-
total
15 980
14 720
15 498
-
Corporate
-
5 215
-
-
income
-
1 042
-
-
total
-
1 042
-
-
Dividends
-
4 173
-
-
income
-
887
-
-
withholding
-
626
-
-
total
-
1 513
-
-
Income
104 000
104 000
104 000
104 000
Total tax
52 660
53 544
52 019
45 001
After tax
51 340
50 456
51 981
58 999
Living cost
54 587
54 587
54 587
54 587
Free-cash
-3 247
-4 131
-2 606
4 412

Estimated living cost  is ₽54587 per week

₽40267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47112
₽38375
₽26161
₽28284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
8 939
health
-
-
-
14 040
social contributions
-
-
-
30 368
total
-
-
-
53 347
Employee
36 018
-
77 612
-
social contributions
2 341
-
5 045
-
income
4 322
-
9 313
-
solidarity contribution
-
-
-
-
health
4 862
-
10 478
-
total
11 525
-
24 836
-
Employer
36 018
-
77 612
-
social contributions
9 004
-
19 403
-
health
3 242
-
6 985
-
total
12 246
-
26 388
-
Corporate
55 736
104 000
-
-
income
10 590
19 760
-
-
total
10 590
19 760
-
-
Dividends
45 146
84 240
-
-
withholding
6 772
12 636
-
-
total
6 772
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 133
32 396
51 224
53 347
After tax
62 867
71 604
52 776
50 653
Living cost
24 492
24 492
24 492
24 492
Free-cash
38 375
47 112
28 284
26 161

Estimated living cost  is ₽24492 per week

₽17012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13951
₽8811
₽11456
₽6509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
618
national
-
-
-
22 481
regional
-
-
-
1 158
social contributions
-
-
-
26 749
total
-
-
-
51 006
Employee
87 488
-
104 000
-
national
15 160
-
19 320
-
social contributions
29 501
-
35 068
-
municipal
463
-
551
-
regional
826
-
1 014
-
total
45 950
-
55 953
-
Employer
87 488
-
104 000
-
total
-
-
-
-
Corporate
16 512
104 000
-
-
municipal
644
4 056
-
-
nationa
3 962
24 960
-
-
total
4 606
29 016
-
-
Dividends
11 905
74 985
-
-
withholding
3 095
19 495
-
-
total
3 095
19 495
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 651
48 511
55 953
51 006
After tax
50 349
55 489
48 047
52 994
Living cost
41 538
41 538
41 538
41 538
Free-cash
8 811
13 951
6 509
11 456

Estimated living cost  is ₽41538 per week

₽28956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43693
₽40630
₽31135
₽29190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
20 192
health
-
-
-
7 385
surtax
-
-
-
2 542
pensions
-
-
-
20 799
other
-
-
-
-
total
-
-
-
51 142
Employee
32 554
-
85 913
-
pensions
2 171
-
5 731
-
unemployment
2 266
-
5 980
-
income
5 457
-
18 799
-
other
-
-
-
-
surtax
106
-
2 301
-
health
831
-
2 191
-
total
10 831
-
35 002
-
Employer
32 554
-
85 913
-
health
1 481
-
3 910
-
pensions
4 340
-
11 451
-
other
-
-
-
-
unemployment
1 031
-
2 724
-
total
6 852
-
18 085
-
Corporate
64 594
104 000
-
-
income
16 794
27 041
-
-
total
16 794
27 041
-
-
Dividends
47 800
76 959
-
-
withholding
7 170
11 543
-
-
total
7 170
11 543
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 647
38 584
53 087
51 142
After tax
62 353
65 416
50 913
52 858
Living cost
21 723
21 723
21 723
21 723
Free-cash
40 630
43 693
29 190
31 135

Estimated living cost  is ₽21723 per week

₽13282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2004
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30419
₽24869
₽29001
₽19723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 238
pensions
-
-
-
7 503
total
-
-
-
29 741
Employee
62 815
-
91 502
-
pensions
5 332
-
8 776
-
income
11 313
-
16 246
-
health
912
-
1 499
-
total
17 557
-
26 521
-
Employer
62 815
-
91 502
-
health
1 193
-
1 739
-
pensions
6 800
-
10 759
-
total
7 993
-
12 498
-
Corporate
33 192
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.

6 307
19 760
-
-
total
6 307
19 760
-
-
Dividends
26 886
84 240
-
-
withholding
2 016
8 563
-
-
total
2 016
8 563
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 873
28 323
39 019
29 741
After tax
70 127
75 677
64 981
74 259
Living cost
45 258
45 258
45 258
45 258
Free-cash
24 869
30 419
19 723
29 001

Estimated living cost  is ₽45258 per week

₽33907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3392
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.
₽7485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29393
₽3532
₽9700
₽4532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 097
national
-
-
-
701
regional
-
-
-
3 654
health
-
-
-
251
pensions
-
-
-
9 569
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.

-
-
-
2 079
total
-
-
-
17 351
Employee
90 050
-
93 085
-
national
426
-
490
-
city
966
-
1 000
-
pensions
7 565
-
7 818
-
unemployment
-
-
-
-
health
204
-
209
-
regional
2 949
-
3 113
-
total
12 110
-
12 630
-
Employer
90 050
-
93 085
-
health
204
-
209
-
pensions
7 565
-
7 818
-
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.

1 800
-
1 862
-
unemployment
-
-
-
-
total
9 569
-
9 889
-
Corporate
3 390
104 000
-
-
national
289
8 840
-
-
regional
717
21 997
-
-
total
1 006
30 837
-
-
Dividends
2 384
73 163
-
-
withholding
834
25 607
-
-
total
834
25 607
-
-
Income
104 000
104 000
104 000
104 000
Total tax
23 519
56 444
22 519
17 351
After tax
80 481
47 556
81 481
86 649
Living cost
76 949
76 949
76 949
76 949
Free-cash
3 532
-29 393
4 532
9 700

Estimated living cost  is ₽76949 per week

₽50039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6905
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽945
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6402
₽22366
₽18233
₽28220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 987
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.

-
-
-
22 709
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.

-
-
-
6 725
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.

-
-
-
1 250
total
-
-
-
40 671
Employee

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

59 161
-
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.

6 957
-
22 709
-
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.

383
-
1 250
-
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.

6 725
-
6 725
-
total
14 065
-
30 684
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 839
104 000
-
-
income
6 725
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.

370
857
-
-
trade
7 689
17 837
-
-
chamber of commerce
213
295
-
-
total
14 997
34 589
-
-
Dividends
29 842
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.

390
934
-
-
withholding
7 086
16 979
-
-
total
7 476
17 913
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 538
52 502
30 684
40 671
After tax
67 462
51 498
73 316
63 329
Living cost
45 096
45 096
45 096
45 096
Free-cash
22 366
6 402
28 220
18 233

Estimated living cost  is ₽45096 per week

₽32936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18736
₽24552
₽26047
₽31093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 689
health
-
-
-
2 231
surtax
-
-
-
-
pensions
-
-
-
25 160
other
-
-
-
3 230
social contributions
-
-
-
2 963
total
-
-
-
44 273
Employee
42 131
-
84 179
-
pensions
4 764
-
4 196
-
social contributions
1 201
-
2 399
-
income
2 486
-
12 811
-
surtax
-
-
-
-
total
8 451
-
19 406
-
Employer
42 131
-
84 179
-
social contributions
127
-
252
-
health
2 950
-
5 892
-
pensions
6 921
-
7 363
-
other
1 453
-
2 905
-
unemployment
1 706
-
3 409
-
total
13 157
-
19 821
-
Corporate
48 712
104 000
-
-
income
13 639
29 120
-
-
surtax
-
-
-
-
total
13 639
29 120
-
-
Dividends
35 073
74 880
-
-
social contributions
6 032
12 879
-
-
surtax
-
-
-
-
withholding
4 489
9 585
-
-
total
10 521
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 768
51 584
39 227
44 273
After tax
58 232
52 416
64 773
59 727
Living cost
33 680
33 680
33 680
33 680
Free-cash
24 552
18 736
31 093
26 047

Estimated living cost  is ₽33680 per week

₽21237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2739
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22073
₽27542
₽29384
₽34430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 689
health
-
-
-
2 231
surtax
-
-
-
-
pensions
-
-
-
25 160
other
-
-
-
3 230
social contributions
-
-
-
2 963
total
-
-
-
44 273
Employee
37 608
-
84 179
-
pensions
4 254
-
4 196
-
social contributions
1 072
-
2 399
-
income
1 939
-
12 811
-
surtax
-
-
-
-
total
7 265
-
19 406
-
Employer
37 608
-
84 179
-
social contributions
112
-
252
-
health
2 632
-
5 892
-
pensions
6 180
-
7 363
-
other
1 298
-
2 905
-
unemployment
1 522
-
3 409
-
total
11 744
-
19 821
-
Corporate
54 647
104 000
-
-
income
15 302
29 120
-
-
surtax
-
-
-
-
total
15 302
29 120
-
-
Dividends
39 346
74 880
-
-
social contributions
6 768
12 879
-
-
surtax
-
-
-
-
withholding
5 036
9 585
-
-
total
11 804
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 115
51 584
39 227
44 273
After tax
57 885
52 416
64 773
59 727
Living cost
30 343
30 343
30 343
30 343
Free-cash
27 542
22 073
34 430
29 384

Estimated living cost  is ₽30343 per week

₽17597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3082
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42575
₽43087
₽45914
₽45809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 259
social contributions
-
-
-
14 353
total
-
-
-
37 212
Employee
33 377
-
104 000
-
social contributions
4 607
-
14 353
-
income
5 567
-
15 705
-
health
2 330
-
7 259
-
total
12 504
-
37 317
-
Employer
33 377
-
104 000
-
total
-
-
-
-
Corporate
70 623
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%.

3 531
5 201
-
-
total
3 531
5 201
-
-
Dividends
67 092
98 799
-
-
social contributions
9 258
13 633
-
-
health
4 683
6 897
-
-
withholding
10 063
14 820
-
-
total
24 004
35 350
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 039
40 551
37 317
37 212
After tax
63 961
63 449
66 683
66 788
Living cost
20 874
20 874
20 874
20 874
Free-cash
43 087
42 575
45 809
45 914

Estimated living cost  is ₽20874 per week

₽13970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23520
₽21995
₽17516
-₽3848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
17 952
chamber of commerce
-
-
-
417
health
-
-
-
7 956
surtax
-
-
-
194
pensions
-
-
-
19 240
total
-
-
-
51 797
Employee
49 196
39 230
80 608
-
pensions
5 038
4 016
8 255
-
unemployment
1 476
1 177
2 417
-
income
5 601
2 894
15 955
-
other
491
392
805
-
health
1 904
1 519
3 120
-
total
14 510
9 998
30 552
-
Employer
49 196
39 230
80 608
-
chamber of commerce
196
157
323
-
health
1 859
1 483
3 047
-
payroll
1 476
1 177
2 417
-
pensions
6 174
4 924
10 116
-
surtax
194
194
194
-
accident
639
510
1 048
-
other
2 337
1 862
3 830
-
unemployment
1 476
1 177
2 417
-
total
14 351
11 484
23 392
-
Corporate
40 453
53 285
76 871
-
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.

10 114
13 321
19 217
-
total
10 114
13 321
19 217
-
Dividends
30 339
39 963
-
-
withholding
8 343
10 990
-
-
total
8 343
10 990
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 318
45 793
73 161
51 797
After tax
56 682
58 207
30 839
52 203
Living cost
34 687
34 687
34 687
34 687
Free-cash
21 995
23 520
-3 848
17 516

Estimated living cost  is ₽34687 per week

₽23135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22415
₽7653
₽12276
₽4316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
34 059
communal

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

-
-
-
5 249
social contributions
-
-
-
16 523
total
-
-
-
55 831
Employee

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

70 415
-
80 552
-
national
21 648
-
25 613
-
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.

5 281
-
6 041
-
communal

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

3 673
-
4 201
-
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.

613
-
701
-
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.

3 308
-
3 787
-
total
34 523
-
40 343
-
Employer

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

70 415
-
80 552
-
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.

4 330
-
4 954
-
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.

6 239
-
7 136
-
surtax
7 984
-
9 135
-
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.

915
-
1 046
-
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.

1 027
-
1 177
-
total
20 495
-
23 448
-
Corporate
13 088
104 000
-
-
income
2 617
20 799
-
-
surtax
52
417
-
-
total
2 669
21 216
-
-
Dividends
10 419
82 784
-
-
withholding

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

2 767
24 476
-
-
total
2 767
24 476
-
-
Income
104 000
104 000
104 000
104 000
Total tax
60 454
45 692
63 791
55 831
After tax
43 546
58 308
40 209
48 169
Living cost
35 893
35 893
35 893
35 893
Free-cash
7 653
22 415
4 316
12 276

Estimated living cost  is ₽35893 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34510
₽26666
₽20753
₽19008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
20 322
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
47 696
Employee
49 001
-
78 859
-
pensions
2 303
-
3 706
-
unemployment
760
-
1 222
-
income
10 339
-
19 295
-
other
49
-
78
-
total
13 451
-
24 301
-
Employer
49 001
-
78 859
-
pensions
11 564
-
18 610
-
accident
970
-
1 562
-
other
390
-
630
-
unemployment
2 696
-
4 338
-
total
15 620
-
25 140
-
Corporate
39 379
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.

5 907
15 600
-
-
total
5 907
15 600
-
-
Dividends
33 473
88 400
-
-
withholding
6 805
18 339
-
-
total
6 805
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 783
33 939
49 441
47 696
After tax
62 217
70 061
54 559
56 304
Living cost
35 551
35 551
35 551
35 551
Free-cash
26 666
34 510
19 008
20 753

Estimated living cost  is ₽35551 per week

₽26180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9962
₽2990
₽5282
₽9781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
876
income
-
-
-
9 720
communal
-
-
-
6 572
health
-
-
-
7 308
surtax
-
-
-
5 156
pensions
-
-
-
15 589
total
-
-
-
45 221
Employee
74 548
-
92 900
-
pensions
5 963
-
7 431
-
income
7 201
-
12 365
-
surtax
4 569
-
5 694
-
health
3 318
-
4 132
-
total
21 051
-
29 622
-
Employer
74 548
-
92 900
-
health
2 273
-
2 832
-
pensions
5 963
-
7 431
-
accident
671
-
837
-
total
8 907
-
11 100
-
Corporate
20 545
104 000
-
-
income
3 082
15 600
-
-
surtax
217
1 093
-
-
communal
-
7 020
-
-
total
3 299
23 713
-
-
Dividends
17 246
80 286
-
-
income
11 669
4 784
-
-
withholding
2 587
12 044
-
-
total
14 256
16 828
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 513
40 541
40 722
45 221
After tax
56 487
63 459
63 278
58 779
Living cost
53 497
53 497
53 497
53 497
Free-cash
2 990
9 962
9 781
5 282

Estimated living cost  is ₽53497 per week

₽40130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43305
₽40173
₽30747
₽28802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
224
income
-
-
-
20 192
health
-
-
-
7 385
surtax
-
-
-
2 542
pensions
-
-
-
20 799
other
-
-
-
-
total
-
-
-
51 142
Employee
33 151
-
85 913
-
pensions
2 212
-
5 731
-
unemployment
2 307
-
5 980
-
income
5 558
-
18 799
-
other
-
-
-
-
surtax
118
-
2 301
-
health
846
-
2 191
-
total
11 041
-
35 002
-
Employer
33 151
-
85 913
-
health
1 508
-
3 910
-
pensions
4 420
-
11 451
-
other
-
-
-
-
unemployment
1 052
-
2 724
-
total
6 980
-
18 085
-
Corporate
63 869
104 000
-
-
income
16 606
27 041
-
-
total
16 606
27 041
-
-
Dividends
47 264
76 959
-
-
withholding
7 089
11 543
-
-
total
7 089
11 543
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 716
38 584
53 087
51 142
After tax
62 284
65 416
50 913
52 858
Living cost
22 111
22 111
22 111
22 111
Free-cash
40 173
43 305
28 802
30 747

Estimated living cost  is ₽22111 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
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.
₽6327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28147
₽25960
₽26066
₽21143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
618
national
-
-
-
22 481
regional
-
-
-
1 568
social contributions
-
-
-
26 749
total
-
-
-
51 416
Employee
54 606
-
104 000
-
national
8 651
-
19 320
-
social contributions
18 414
-
35 068
-
municipal
290
-
551
-
regional
735
-
1 400
-
total
28 090
-
56 339
-
Employer
54 606
-
104 000
-
total
-
-
-
-
Corporate
49 394
104 000
-
-
municipal
2 455
5 169
-
-
nationa
11 855
24 960
-
-
total
14 310
30 129
-
-
Dividends
35 084
73 871
-
-
withholding
9 122
19 206
-
-
total
9 122
19 206
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 522
49 335
56 339
51 416
After tax
52 478
54 665
47 661
52 584
Living cost
26 518
26 518
26 518
26 518
Free-cash
25 960
28 147
21 143
26 066

Estimated living cost  is ₽26518 per week

₽16492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41423
₽30656
₽20472
₽22595
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
income
-
-
-
8 939
health
-
-
-
14 040
social contributions
-
-
-
30 368
total
-
-
-
53 347
Employee
44 383
-
77 612
-
social contributions
2 885
-
5 045
-
income
5 326
-
9 313
-
solidarity contribution
-
-
-
-
health
5 992
-
10 478
-
total
14 203
-
24 836
-
Employer
44 383
-
77 612
-
social contributions
11 096
-
19 403
-
health
3 994
-
6 985
-
total
15 090
-
26 388
-
Corporate
44 526
104 000
-
-
income
8 460
19 760
-
-
total
8 460
19 760
-
-
Dividends
36 066
84 240
-
-
withholding
5 410
12 636
-
-
total
5 410
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
43 163
32 396
51 224
53 347
After tax
60 837
71 604
52 776
50 653
Living cost
30 181
30 181
30 181
30 181
Free-cash
30 656
41 423
22 595
20 472

Estimated living cost  is ₽30181 per week

₽22444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26907
₽26418
₽20991
-₽535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
6 038
income
-
-
-
17 952
chamber of commerce
-
-
-
417
health
-
-
-
7 956
surtax
-
-
-
-
pensions
-
-
-
19 240
total
-
-
-
51 603
Employee
43 031
39 230
80 759
-
pensions
4 407
4 016
8 270
-
unemployment
1 291
1 177
2 423
-
income
3 833
2 894
16 008
-
other
430
392
807
-
health
1 664
1 519
3 125
-
total
11 625
9 998
30 633
-
Employer
43 031
39 230
80 759
-
chamber of commerce
172
157
323
-
health
1 627
1 483
3 052
-
payroll
1 291
1 177
2 423
-
pensions
5 401
4 924
10 134
-
surtax
-
-
-
-
accident
559
510
1 050
-
other
2 044
1 862
3 835
-
unemployment
1 291
1 177
2 423
-
total
12 385
11 290
23 240
-
Corporate
48 585
53 479
77 023
-
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.

12 146
13 370
19 256
-
total
12 146
13 370
19 256
-
Dividends
36 439
40 109
-
-
withholding
10 020
11 029
-
-
total
10 020
11 029
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 176
45 687
73 129
51 603
After tax
57 824
58 313
30 871
52 397
Living cost
31 406
31 406
31 406
31 406
Free-cash
26 418
26 907
-535
20 991

Estimated living cost  is ₽31406 per week

₽18840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽8799
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85546
₽83060
₽89706
₽69946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 567
-
104 000
-
income
3 314
-
20 800
-
total
3 314
-
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%.

87 433
104 000
-
-
total
-
-
-
-
Dividends
87 433
104 000
-
-
withholding
4 372
5 200
-
-
total
4 372
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
7 686
5 200
20 800
1 040
After tax
96 314
98 800
83 200
102 960
Living cost
13 254
13 254
13 254
13 254
Free-cash
83 060
85 546
69 946
89 706

Estimated living cost  is ₽13254 per week

₽8969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3284
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45199
₽36966
₽27158
₽24178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
157
income
-
-
-
21 053
health
-
-
-
10 235
pensions
-
-
-
18 993
total
-
-
-
50 438
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.

43 531
-
89 989
-
pensions
6 748
-
13 949
-
unemployment
62
-
125
-
income
7 507
-
19 519
-
health
2 811
-
5 814
-
total
17 128
-
39 407
-
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.

43 531
-
89 989
-
health
2 899
-
5 993
-
pensions
3 852
-
7 964
-
unemployment
26
-
54
-
total
6 777
-
14 011
-
Corporate
53 692
104 000
-
-
income
10 202
19 761
-
-
total
10 202
19 761
-
-
Dividends
43 490
84 239
-
-
withholding
6 523
12 636
-
-
total
6 523
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 630
32 397
53 418
50 438
After tax
63 370
71 603
50 582
53 562
Living cost
26 404
26 404
26 404
26 404
Free-cash
36 966
45 199
24 178
27 158

Estimated living cost  is ₽26404 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16969
-₽56013
₽25567
₽43577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
66 395
-
-
-
social contributions
5 444
-
776
-
income
14 646
-
-
-
total
20 090
-
776
-
Employer
66 395
-
-
-
social contributions
93 618
-
13 342
-
total
93 618
-
13 342
-
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
113 708
40 726
14 118
32 128
After tax
-9 708
63 274
89 882
71 872
Living cost
46 305
46 305
46 305
46 305
Free-cash
-56 013
16 969
43 577
25 567

Estimated living cost  is ₽46305 per week

₽30045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽11315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28276
₽27286
₽27017
₽21388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 965
surtax
-
-
-
-
social contributions

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

-
-
-
36 140
total
-
-
-
46 105
Employee
45 275
-
84 039
-
social contributions
4 980
-
9 245
-
income
9 417
-
22 530
-
surtax
-
-
-
-
total
14 397
-
31 775
-
Employer
45 275
-
84 039
-
social contributions
10 753
-
19 959
-
total
10 753
-
19 959
-
Corporate
47 972
104 000
-
-
income
10 075
21 840
-
-
surtax
-
-
-
-
total
10 075
21 840
-
-
Dividends
37 898
82 160
-
-
withholding
10 611
23 006
-
-
total
10 611
23 006
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 836
44 846
51 734
46 105
After tax
58 164
59 154
52 266
57 895
Living cost
30 878
30 878
30 878
30 878
Free-cash
27 286
28 276
21 388
27 017

Estimated living cost  is ₽30878 per week

₽23103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
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.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4870
₽11636
₽12181
₽17227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 689
health
-
-
-
2 231
surtax
-
-
-
-
pensions
-
-
-
25 160
other
-
-
-
3 230
social contributions
-
-
-
2 963
total
-
-
-
44 273
Employee
61 655
-
84 179
-
pensions
6 974
-
4 196
-
social contributions
1 756
-
2 399
-
income
5 380
-
12 811
-
surtax
-
-
-
-
total
14 110
-
19 406
-
Employer
61 655
-
84 179
-
social contributions
185
-
252
-
health
4 315
-
5 892
-
pensions
10 131
-
7 363
-
other
2 128
-
2 905
-
unemployment
2 498
-
3 409
-
total
19 257
-
19 821
-
Corporate
23 088
104 000
-
-
income
6 465
29 120
-
-
surtax
-
-
-
-
total
6 465
29 120
-
-
Dividends
16 623
74 880
-
-
social contributions
2 858
12 879
-
-
surtax
-
-
-
-
withholding
2 128
9 585
-
-
total
4 986
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
44 818
51 584
39 227
44 273
After tax
59 182
52 416
64 773
59 727
Living cost
47 546
47 546
47 546
47 546
Free-cash
11 636
4 870
17 227
12 181

Estimated living cost  is ₽47546 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽652
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64009
₽60702
₽49396
₽52157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 133
social contributions
-
-
-
22 880
total
-
-
-
25 013
Employee
31 648
-
90 043
-
social contributions
2 057
-
5 853
-
income
-
-
2 442
-
total
2 057
-
8 295
-
Employer
31 648
-
90 043
-
social contributions
4 906
-
13 957
-
total
4 906
-
13 957
-
Corporate
67 447
104 000
-
-
income
6 744
10 400
-
-
total
6 744
10 400
-
-
Dividends
60 703
93 600
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
13 707
10 400
22 252
25 013
After tax
90 293
93 600
81 748
78 987
Living cost
29 591
29 591
29 591
29 591
Free-cash
60 702
64 009
52 157
49 396

Estimated living cost  is ₽29591 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽110074
-₽110074
₽16846
-₽110074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 613
national
-
-
-
11 118
labour market
-
-
-
8 252
pensions
-
-
-
852
total
-
-
-
39 835
Employee
199 724
199 724
199 724
-
national
24 400
24 400
24 400
-
pensions
284
284
284
-
municipal
42 530
42 530
42 530
-
labour market
15 955
15 955
15 955
-
total
83 169
83 169
83 169
-
Employer
199 724
199 724
199 724
-
municipal
42 598
42 598
42 598
-
labour market
15 978
15 978
15 978
-
national
24 442
24 442
24 442
-
pensions
568
568
568
-
total
83 586
83 586
83 586
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
166 755
166 755
166 755
39 835
After tax
-62 755
-62 755
-62 755
64 165
Living cost
47 319
47 319
47 319
47 319
Free-cash
-110 074
-110 074
-110 074
16 846

Estimated living cost  is ₽47319 per week

₽32386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽728
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12742
₽5177
₽50173
₽32936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
247
income
-
-
-
25 859
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
32 661
Employee
33 296
-
89 552
-
pensions
3 749
-
7 450
-
income
4 568
-
17 747
-
health
3 813
-
10 254
-
total
12 130
-
35 451
-
Employer
33 296
-
89 552
-
pensions
5 414
-
10 758
-
accident
556
-
1 495
-
unemployment
816
-
2 194
-
total
6 786
-
14 447
-
Corporate
63 919
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.

57 527
93 600
-
-
total
57 527
93 600
-
-
Dividends
6 392
10 400
-
-
withholding
1 214
1 976
-
-
total
1 214
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 657
95 576
49 898
32 661
After tax
26 343
8 424
54 102
71 339
Living cost
21 166
21 166
21 166
21 166
Free-cash
5 177
-12 742
32 936
50 173

Estimated living cost  is ₽21166 per week

₽15407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30931
₽29367
₽35436
₽21097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 505
national
-
-
-
11 075
health
-
-
-
1 190
total
-
-
-
30 770
Employee
51 792
-
87 490
-
national
856
-
6 165
-
pensions
3 495
-
5 905
-
unemployment
777
-
1 313
-
municipal
8 483
-
14 280
-
health
387
-
936
-
total
13 998
-
28 599
-
Employer
51 792
-
87 490
-
health
398
-
674
-
pensions
8 986
-
15 180
-
accident
52
-
88
-
unemployment
336
-
568
-
total
9 772
-
16 510
-
Corporate
42 436
104 000
-
-
income
8 487
20 799
-
-
total
8 487
20 799
-
-
Dividends

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

25 462
62 400
-
-
municipal
4 582
11 233
-
-
national
-
3 243
-
-
total
4 582
14 476
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 839
35 275
45 109
30 770
After tax
67 161
68 725
58 891
73 230
Living cost
37 794
37 794
37 794
37 794
Free-cash
29 367
30 931
21 097
35 436

Estimated living cost  is ₽37794 per week

₽24687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53304
₽47944
₽50433
₽50122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 195
health
-
-
-
2 653
social contributions
-
-
-
15 927
total
-
-
-
30 775
Employee
75 696
75 696
94 417
-
social contributions
2 862
6 282
7 837
-
income
8 242
7 007
12 060
-
health
587
1 287
1 605
-
total
11 691
14 576
21 502
-
Employer
75 696
75 696
94 417
-
social contributions
2 862
6 282
7 837
-
health
637
1 401
1 747
-
total
3 499
7 683
9 584
-
Corporate
66 019
20 620
-
-
income
8 253
2 578
-
-
total
8 253
2 578
-
-
Dividends
57 766
18 042
-
-
withholding
9 821
3 067
-
-
total
9 821
3 067
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 264
27 904
31 086
30 775
After tax
70 736
76 096
72 914
73 225
Living cost
22 792
22 792
22 792
22 792
Free-cash
47 944
53 304
50 122
50 433

Estimated living cost  is ₽22792 per week

₽13660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70493
₽65486
₽68511
₽48766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
income
-
-
-
10 008
health
-
-
-
3 562
pensions
-
-
-
6 262
total
-
-
-
19 860
Employee

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

22 596
-
94 379
-
pensions
3 389
-
14 011
-
unemployment
112
-
467
-
income
1 545
-
7 568
-
health
1 920
-
7 939
-
total
6 966
-
29 985
-
Employer

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

22 596
-
94 379
-
health
971
-
4 016
-
pensions
1 242
-
5 137
-
unemployment
112
-
467
-
total
2 325
-
9 620
-
Corporate
79 079
104 000
-
-
income
7 117
9 359
-
-
total
7 117
9 359
-
-
Dividends
71 961
94 641
-
-
withholding
6 477
8 519
-
-
total
6 477
8 519
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 885
17 878
39 605
19 860
After tax
81 115
86 122
64 395
84 140
Living cost
15 629
15 629
15 629
15 629
Free-cash
65 486
70 493
48 766
68 511

Estimated living cost  is ₽15629 per week

₽9972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42991
₽37826
₽29234
₽27489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
20 322
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
47 696
Employee
36 399
-
78 859
-
pensions
1 711
-
3 706
-
unemployment
564
-
1 222
-
income
7 018
-
19 295
-
other
35
-
78
-
total
9 328
-
24 301
-
Employer
36 399
-
78 859
-
pensions
8 590
-
18 610
-
accident
721
-
1 562
-
other
291
-
630
-
unemployment
2 003
-
4 338
-
total
11 605
-
25 140
-
Corporate
55 996
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.

8 399
15 600
-
-
total
8 399
15 600
-
-
Dividends
47 597
88 400
-
-
withholding
9 772
18 339
-
-
total
9 772
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 104
33 939
49 441
47 696
After tax
64 896
70 061
54 559
56 304
Living cost
27 070
27 070
27 070
27 070
Free-cash
37 826
42 991
27 489
29 234

Estimated living cost  is ₽27070 per week

₽18272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63230
₽62957
₽64955
₽64836
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 282
health
-
-
-
881
pensions
-
-
-
1 216
total
-
-
-
37 379
Employee
2 538
-
102 633
-
pensions
228
-
547
-
unemployment
25
-
61
-
income
491
-
35 218
-
health
127
-
304
-
total
871
-
36 130
-
Employer
2 538
-
102 633
-
health
241
-
577
-
pensions
279
-
669
-
unemployment
51
-
122
-
total
571
-
1 368
-
Corporate
100 891
104 000
-
-
income
22 196
22 880
-
-
total
22 196
22 880
-
-
Dividends
78 695
81 120
-
-
withholding
15 739
16 224
-
-
total
15 739
16 224
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 377
39 104
37 498
37 379
After tax
64 623
64 896
66 502
66 621
Living cost
1 666
1 666
1 666
1 666
Free-cash
62 957
63 230
64 836
64 955

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58145
₽53309
₽38717
₽38717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 089
income
-
-
-
20 835
health
-
-
-
7 481
pensions
-
-
-
18 883
total
-
-
-
48 288
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.

25 628
-
91 000
-
pensions
3 588
-
10 168
-
unemployment
192
-
545
-
income
3 533
-
20 835
-
health
1 320
-
3 740
-
total
8 633
-
35 288
-
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.

25 628
-
91 000
-
health
1 320
-
3 740
-
pensions
3 075
-
8 715
-
unemployment
192
-
545
-
total
4 587
-
13 000
-
Corporate
73 785
104 000
-
-
income
11 068
15 600
-
-
total
11 068
15 600
-
-
Dividends
62 717
88 400
-
-
withholding
9 408
13 260
-
-
total
9 408
13 260
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 696
28 860
48 288
48 288
After tax
70 304
75 140
55 712
55 712
Living cost
16 995
16 995
16 995
16 995
Free-cash
53 309
58 145
38 717
38 717

Estimated living cost  is ₽16995 per week

₽11443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32615
₽32263
₽31356
₽25727
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 965
surtax
-
-
-
-
social contributions

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

-
-
-
36 140
total
-
-
-
46 105
Employee
38 207
-
84 039
-
social contributions
4 203
-
9 245
-
income
7 465
-
22 530
-
surtax
-
-
-
-
total
11 668
-
31 775
-
Employer
38 207
-
84 039
-
social contributions
9 073
-
19 959
-
total
9 073
-
19 959
-
Corporate
56 720
104 000
-
-
income
11 911
21 840
-
-
surtax
-
-
-
-
total
11 911
21 840
-
-
Dividends
44 809
82 160
-
-
withholding
12 546
23 006
-
-
total
12 546
23 006
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 198
44 846
51 734
46 105
After tax
58 802
59 154
52 266
57 895
Living cost
26 539
26 539
26 539
26 539
Free-cash
32 263
32 615
25 727
31 356

Estimated living cost  is ₽26539 per week

₽18797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1844
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.
₽5429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35465
₽27957
₽21708
₽19963
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
639
accident
-
-
-
822
income
-
-
-
20 322
pensions
-
-
-
25 821
other
-
-
-
92
total
-
-
-
47 696
Employee
47 542
-
78 859
-
pensions
2 234
-
3 706
-
unemployment
736
-
1 222
-
income
9 930
-
19 295
-
other
47
-
78
-
total
12 947
-
24 301
-
Employer
47 542
-
78 859
-
pensions
11 220
-
18 610
-
accident
942
-
1 562
-
other
381
-
630
-
unemployment
2 615
-
4 338
-
total
15 158
-
25 140
-
Corporate
41 300
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.

6 195
15 600
-
-
total
6 195
15 600
-
-
Dividends
35 105
88 400
-
-
withholding
7 147
18 339
-
-
total
7 147
18 339
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 447
33 939
49 441
47 696
After tax
62 553
70 061
54 559
56 304
Living cost
34 596
34 596
34 596
34 596
Free-cash
27 957
35 465
19 963
21 708

Estimated living cost  is ₽34596 per week

₽24846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71867
₽65826
₽62101
₽65419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
income
-
-
-
15 600
health
-
-
-
3 982
pensions

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

-
-
-
5 125
total
-
-
-
24 846
Employee
22 581
-
97 206
-
pensions

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

1 982
-
3 040
-
income
2 258
-
9 720
-
health
1 039
-
1 593
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
total
5 527
-
14 734
-
Employer
22 581
-
97 206
-
health
1 558
-
2 389
-
pensions

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

2 488
-
3 816
-
accident

We are using the highest rate at 1.1%.

248
-
381
-
unemployment
136
-
208
-
total
4 430
-
6 794
-
Corporate
76 989
104 000
-
-
income
7 699
10 400
-
-
total
7 699
10 400
-
-
Dividends
69 291
93 600
-
-
withholding
3 465
4 680
-
-
total
3 465
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
21 121
15 080
21 528
24 846
After tax
82 879
88 920
82 472
79 154
Living cost
17 053
17 053
17 053
17 053
Free-cash
65 826
71 867
65 419
62 101

Estimated living cost  is ₽17053 per week

₽11279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽976
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15634
₽28512
₽26955
₽35311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 356
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.

-
-
-
22 709
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.

-
-
-
6 725
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.

-
-
-
1 250
total
-
-
-
39 040
Employee

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

48 980
-
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.

4 028
-
22 709
-
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.

222
-
1 250
-
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.

6 725
-
6 725
-
total
10 975
-
30 684
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 020
104 000
-
-
income
8 253
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.

454
857
-
-
trade
7 895
14 924
-
-
chamber of commerce
230
303
-
-
total
16 832
31 684
-
-
Dividends
38 188
72 315
-
-
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.

504
973
-
-
withholding
9 172
17 704
-
-
total
9 676
18 677
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 483
50 361
30 684
39 040
After tax
66 517
53 639
73 316
64 960
Living cost
38 005
38 005
38 005
38 005
Free-cash
28 512
15 634
35 311
26 955

Estimated living cost  is ₽38005 per week

₽26217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16723
₽18899
₽13228
₽13228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 330
social contributions
-
-
-
9 366
total
-
-
-
34 696
Employee
77 003
-
104 000
-
social contributions
6 397
-
9 366
-
income
14 530
-
25 330
-
total
20 927
-
34 696
-
Employer
77 003
-
104 000
-
total
-
-
-
-
Corporate
26 997
104 000
-
-
income
3 374
13 000
-
-
total
3 374
13 000
-
-
Dividends
23 624
91 000
-
-
withholding
4 724
18 201
-
-
total
4 724
18 201
-
-
Income
104 000
104 000
104 000
104 000
Total tax
29 025
31 201
34 696
34 696
After tax
74 975
72 799
69 304
69 304
Living cost
56 076
56 076
56 076
56 076
Free-cash
18 899
16 723
13 228
13 228

Estimated living cost  is ₽56076 per week

₽42662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4569
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.
₽8309
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26665
₽30103
₽34153
₽40733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 021
health

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

-
-
-
6 092
total
-
-
-
34 113
Employee
45 159
-
99 472
-
social contributions
4 525
-
4 528
-
income
4 900
-
18 477
-
total
9 425
-
23 005
-
Employer
45 159
-
99 472
-
social contributions
4 525
-
4 528
-
total
4 525
-
4 528
-
Corporate
54 317
104 000
-
-
income
19 012
36 400
-
-
total
19 012
36 400
-
-
Dividends
35 305
67 600
-
-
social contributions
5 201
5 201
-
-
total
5 201
5 201
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 163
41 601
27 533
34 113
After tax
65 837
62 399
76 467
69 887
Living cost
35 734
35 734
35 734
35 734
Free-cash
30 103
26 665
40 733
34 153

Estimated living cost  is ₽35734 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2817
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38884
₽35539
₽37466
₽28188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 238
pensions
-
-
-
7 503
total
-
-
-
29 741
Employee
50 504
-
91 502
-
pensions
3 855
-
8 776
-
income
9 197
-
16 246
-
health
659
-
1 499
-
total
13 711
-
26 521
-
Employer
50 504
-
91 502
-
health
960
-
1 739
-
pensions
5 103
-
10 759
-
total
6 063
-
12 498
-
Corporate
47 434
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.

9 012
19 760
-
-
total
9 012
19 760
-
-
Dividends
38 422
84 240
-
-
withholding
2 882
8 563
-
-
total
2 882
8 563
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 668
28 323
39 019
29 741
After tax
72 332
75 677
64 981
74 259
Living cost
36 793
36 793
36 793
36 793
Free-cash
35 539
38 884
28 188
37 466

Estimated living cost  is ₽36793 per week

₽25240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3383
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.
₽7707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14838
₽4856
₽48077
₽30840
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
247
income
-
-
-
25 859
health
-
-
-
2 130
pensions
-
-
-
4 063
other
-
-
-
362
total
-
-
-
32 661
Employee
36 592
-
89 552
-
pensions
4 120
-
7 450
-
income
5 020
-
17 747
-
health
4 190
-
10 254
-
total
13 330
-
35 451
-
Employer
36 592
-
89 552
-
pensions
5 950
-
10 758
-
accident
611
-
1 495
-
unemployment
896
-
2 194
-
total
7 457
-
14 447
-
Corporate
59 952
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.

53 956
93 600
-
-
total
53 956
93 600
-
-
Dividends
5 995
10 400
-
-
withholding
1 139
1 976
-
-
total
1 139
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
75 882
95 576
49 898
32 661
After tax
28 118
8 424
54 102
71 339
Living cost
23 262
23 262
23 262
23 262
Free-cash
4 856
-14 838
30 840
48 077

Estimated living cost  is ₽23262 per week

₽17071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74209
₽70305
₽45998
₽52936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 248
health insurance
-
-
-
7 696
income
-
-
-
16 095
work injury
-
-
-
520
pensions
-
-
-
19 136
total
-
-
-
44 695
Employee

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

21 291
-
104 000
-
work injury
106
-
394
-
pensions
3 917
-
14 494
-
unemployment
255
-
945
-
income
2 129
-
16 095
-
health insurance
1 575
-
5 829
-
total
7 982
-
37 757
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 709
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
82 709
102 960
-
-
withholding
12 406
15 444
-
-
total
12 406
15 444
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 388
16 484
37 757
44 695
After tax
83 612
87 516
66 243
59 305
Living cost
13 307
13 307
13 307
13 307
Free-cash
70 305
74 209
52 936
45 998

Estimated living cost  is ₽13307 per week

₽8244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽15565
₽11088
₽12730
₽7974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
695
national
-
-
-
22 481
regional
-
-
-
2 129
social contributions
-
-
-
26 749
total
-
-
-
52 054
Employee
82 952
-
104 000
-
national
14 018
-
19 320
-
social contributions
27 971
-
35 068
-
municipal
495
-
620
-
regional
1 252
-
1 802
-
total
43 736
-
56 810
-
Employer
82 952
-
104 000
-
total
-
-
-
-
Corporate
21 048
104 000
-
-
municipal
1 014
5 012
-
-
nationa
5 051
24 960
-
-
total
6 065
29 972
-
-
Dividends
14 982
74 028
-
-
withholding
3 895
19 247
-
-
total
3 895
19 247
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 696
49 219
56 810
52 054
After tax
50 304
54 781
47 190
51 946
Living cost
39 216
39 216
39 216
39 216
Free-cash
11 088
15 565
7 974
12 730

Estimated living cost  is ₽39216 per week

₽27547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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