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
₽22865
₽43564
₽33711
₽34364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
22 784
trade
-
-
-
9 200
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.

-
-
-
1 252
total
-
-
-
39 935
Employee

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

37 505
-
104 000
-
surtax

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

58
-
1 252
-
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.

1 048
-
22 784
-
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.

6 699
-
6 699
-
total
7 805
-
30 735
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 495
104 000
-
-
trade
10 473
16 381
-
-
chamber of commerce
244
298
-
-
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.

549
858
-
-
income
9 974
15 599
-
-
total
21 240
33 136
-
-
Dividends
45 255
70 864
-
-
withholding
10 942
17 343
-
-
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.

601
955
-
-
total
11 543
18 298
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 588
51 434
30 735
39 935
After tax
63 412
52 566
73 265
64 065
Living cost
29 701
29 701
29 701
29 701
Free-cash
33 711
22 865
43 564
34 364

Estimated living cost  is ₽29701 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7000
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13179
₽11819
₽12318
₽11004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
1 118
national
-
-
-
16 824
pensions
-
-
-
12 480
municipal
-
-
-
10 857
total
-
-
-
41 279
Employee
80 170
-
89 907
-
national
15 345
-
17 448
-
municipal
9 902
-
11 260
-
pensions
3 207
-
3 596
-
total
28 454
-
32 304
-
Employer
80 170
-
89 907
-
pensions
6 414
-
7 193
-
social contributions
862
-
967
-
total
7 276
-
8 160
-
Corporate
11 263
104 000
-
-
income

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

2 253
20 800
-
-
total
2 253
20 800
-
-
Dividends
9 010
83 200
-
-
withholding
1 982
18 304
-
-
total
1 982
18 304
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 965
39 104
40 464
41 279
After tax
64 035
64 896
63 536
62 721
Living cost
51 717
51 717
51 717
51 717
Free-cash
12 318
13 179
11 819
11 004

Estimated living cost  is ₽51717 per week

₽35151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽774
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62800
₽38151
₽54757
₽35052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
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
income
-
-
-
15 113
surtax
-
-
-
-
total
-
-
-
48 548
Employee
28 653
-
83 810
-
surtax
-
-
-
-
income
5 101
-
16 040
-
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.

3 152
-
9 219
-
total
8 253
-
25 259
-
Employer
28 653
-
83 810
-
surtax
-
-
-
-
social contributions

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

6 902
-
20 190
-
total
6 902
-
20 190
-
Corporate
68 445
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%.

13 688
20 800
-
-
total
13 688
20 800
-
-
Dividends

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

54 757
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
28 843
20 800
45 449
48 548
After tax
75 157
83 200
58 551
55 452
Living cost
20 400
20 400
20 400
20 400
Free-cash
54 757
62 800
38 151
35 052

Estimated living cost  is ₽20400 per week

₽13015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9386
₽11028
₽3378
₽17920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 088
income
-
-
-
21 425
pensions
-
-
-
11 489
total
-
-
-
45 002
Employee
83 737
83 737
88 503
-
income

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

13 706
13 706
13 706
-
pensions
15 073
11 489
11 489
-
health
12 853
10 932
11 204
-
total
41 632
36 127
36 399
-
Employer
83 737
83 737
88 503
-
unemployment
3 015
3 015
3 186
-
pensions
5 828
5 828
6 159
-
health
5 821
5 821
6 150
-
total
14 664
14 664
15 495
-
Corporate
6 626
5 599
-
-
income
1 325
1 120
-
-
total
1 325
1 120
-
-
Dividends
5 302
4 479
-
-
withholding
795
672
-
-
income
1 128
953
-
-
total
1 923
1 625
-
-
Income
104 000
104 000
104 000
104 000
Total tax
59 544
53 536
51 894
45 002
After tax
44 456
50 464
52 106
58 998
Living cost
41 078
41 078
41 078
41 078
Free-cash
3 378
9 386
11 028
17 920

Estimated living cost  is ₽41078 per week

₽29111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15854
₽14608
₽14935
₽13820
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 597
national
-
-
-
-
pensions
-
-
-
9 697
unemployment
-
-
-
90
other
-
-
-
10 424
accident
-
-
-
179
municipal
-
-
-
23 263
total
-
-
-
49 250
Employee
58 321
-
79 136
-
national
-
-
-
-
municipal
17 391
-
23 598
-
total
17 391
-
23 598
-
Employer
58 321
-
79 136
-
unemployment
1 540
-
2 089
-
pensions
6 304
-
8 555
-
accident
117
-
158
-
other
6 777
-
9 195
-
health
3 587
-
4 867
-
total
18 325
-
24 864
-
Corporate
27 355
104 000
-
-
income
6 018
22 880
-
-
total
6 018
22 880
-
-
Dividends
21 337
81 120
-
-
withholding
6 401
24 336
-
-
total
6 401
24 336
-
-
Income
104 000
104 000
104 000
104 000
Total tax
48 135
47 216
48 462
49 250
After tax
55 865
56 784
55 538
54 750
Living cost
40 930
40 930
40 930
40 930
Free-cash
14 935
15 854
14 608
13 820

Estimated living cost  is ₽40930 per week

₽27126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13513
₽34744
₽27291
₽25137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
22 784
trade
-
-
-
9 607
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.

-
-
-
1 252
total
-
-
-
40 342
Employee

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

49 727
-
104 000
-
surtax

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

234
-
1 252
-
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.

4 272
-
22 784
-
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.

6 699
-
6 699
-
total
11 205
-
30 735
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 273
104 000
-
-
trade
8 928
17 108
-
-
chamber of commerce
225
296
-
-
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.

448
858
-
-
income
8 141
15 599
-
-
total
17 742
33 861
-
-
Dividends
36 530
70 138
-
-
withholding
8 759
17 162
-
-
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.

482
943
-
-
total
9 241
18 105
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 188
51 966
30 735
40 342
After tax
65 812
52 034
73 265
63 658
Living cost
38 521
38 521
38 521
38 521
Free-cash
27 291
13 513
34 744
25 137

Estimated living cost  is ₽38521 per week

₽25763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4062
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.
₽8121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44288
₽41056
₽40222
₽41413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 652
social contributions
-
-
-
15 865
income
-
-
-
12 265
total
-
-
-
30 782
Employee
75 402
75 402
94 417
-
income
7 918
6 980
12 114
-
social contributions
3 664
6 258
7 836
-
health
750
1 282
1 606
-
total
12 332
14 520
21 556
-
Employer
75 402
75 402
94 417
-
social contributions
3 664
6 258
7 836
-
health
817
1 396
1 747
-
total
4 481
7 654
9 583
-
Corporate
55 382
20 945
-
-
income
6 922
2 618
-
-
total
6 922
2 618
-
-
Dividends
48 460
18 326
-
-
withholding
8 238
3 115
-
-
total
8 238
3 115
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 973
27 907
31 139
30 782
After tax
72 027
76 093
72 861
73 218
Living cost
31 805
31 805
31 805
31 805
Free-cash
40 222
44 288
41 056
41 413

Estimated living cost  is ₽31805 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40712
₽42436
₽41085
₽54192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 280
income
-
-
-
12 714
pensions
-
-
-
10 400
unemployment
-
-
-
1 560
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.

25 773
10 257
87 029
-
unemployment
387
154
1 305
-
income
3 151
1 254
10 639
-
pensions
2 577
1 026
8 703
-
health
1 804
718
6 092
-
total
7 919
3 152
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.

25 773
10 257
87 029
-
pensions
5 026
2 000
16 971
-
total
5 026
2 000
16 971
-
Corporate
73 201
91 742
-
-
income
6 588
8 257
-
-
total
6 588
8 257
-
-
Dividends
66 613
83 486
-
-
withholding
12 656
15 862
-
-
social contributions
12 872
16 163
-
-
total
25 528
32 025
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 061
45 434
43 710
31 954
After tax
58 939
58 566
60 290
72 046
Living cost
17 854
17 854
17 854
17 854
Free-cash
41 085
40 712
42 436
54 192

Estimated living cost  is ₽17854 per week

₽12184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1461
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59515
₽36260
₽53424
₽32058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 521
income
-
-
-
13 936
pensions
-
-
-
20 800
total
-
-
-
48 257
Employee
27 817
-
77 729
-
unemployment
445
-
1 243
-
income
3 132
-
14 987
-
pensions
556
-
1 554
-
total
4 133
-
17 784
-
Employer
27 817
-
77 729
-
unemployment
223
-
622
-
pensions
5 564
-
15 545
-
health
3 616
-
10 104
-
total
9 403
-
26 271
-
Corporate
66 780
104 000
-
-
income
13 355
20 800
-
-
total
13 355
20 800
-
-
Dividends
53 425
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
26 891
20 800
44 055
48 257
After tax
77 109
83 200
59 945
55 743
Living cost
23 685
23 685
23 685
23 685
Free-cash
53 424
59 515
36 260
32 058

Estimated living cost  is ₽23685 per week

₽16245
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13291
₽32320
₽5094
₽49631
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
25 779
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
32 654
Employee
34 159
-
89 440
-
income
4 686
-
17 633
-
pensions
3 846
-
7 531
-
health
3 911
-
10 241
-
total
12 443
-
35 405
-
Employer
34 159
-
89 440
-
unemployment
837
-
2 191
-
pensions
5 555
-
10 875
-
accident
570
-
1 494
-
total
6 962
-
14 560
-
Corporate
62 879
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.

56 591
93 600
-
-
total
56 591
93 600
-
-
Dividends
6 288
10 400
-
-
withholding
1 195
1 976
-
-
total
1 195
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 191
95 576
49 965
32 654
After tax
26 809
8 424
54 035
71 346
Living cost
21 715
21 715
21 715
21 715
Free-cash
5 094
-13 291
32 320
49 631

Estimated living cost  is ₽21715 per week

₽15915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90721
₽75121
₽89207
₽94881
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 098
-
104 000
-
income
2 019
-
20 800
-
total
2 019
-
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%.

93 902
104 000
-
-
total
-
-
-
-
Dividends
93 902
104 000
-
-
withholding
4 695
5 200
-
-
total
4 695
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
6 714
5 200
20 800
1 040
After tax
97 286
98 800
83 200
102 960
Living cost
8 079
8 079
8 079
8 079
Free-cash
89 207
90 721
75 121
94 881

Estimated living cost  is ₽8079 per week

₽5006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2178
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50279
₽34467
₽43658
₽30164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 576
income
-
-
-
13 232
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.

-
-
-
24 959
other
-
-
-
4 941
total
-
-
-
47 708
Employee
35 604
-
83 068
-
unemployment
355
-
830
-
income
6 130
-
14 665
-
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.

2 492
-
5 815
-
health
499
-
1 163
-
total
9 476
-
22 473
-
Employer
35 604
-
83 068
-
unemployment
355
-
830
-
pensions

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

6 053
-
14 122
-
accident
285
-
664
-
other
1 781
-
4 153
-
health
499
-
1 163
-
total
8 973
-
20 932
-
Corporate
59 423
104 000
-
-
income
12 479
21 841
-
-
total
12 479
21 841
-
-
Dividends
46 945
82 159
-
-
withholding
3 286
5 752
-
-
total
3 286
5 752
-
-
Income
104 000
104 000
104 000
104 000
Total tax
34 214
27 593
43 405
47 708
After tax
69 786
76 407
60 595
56 292
Living cost
26 128
26 128
26 128
26 128
Free-cash
43 658
50 279
34 467
30 164

Estimated living cost  is ₽26128 per week

₽18461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5482
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9997
-₽580
-₽1303
₽8648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 460
pensions
-
-
-
7 437
total
-
-
-
29 897
Employee
92 610
-
91 483
-
income
16 694
-
16 308
-
pensions
8 934
-
8 799
-
health
1 526
-
1 502
-
total
27 154
-
26 609
-
Employer
92 610
-
91 483
-
pensions
10 935
-
10 779
-
health
1 759
-
1 737
-
total
12 694
-
12 516
-
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.

-
19 761
-
-
total
-
19 761
-
-
Dividends
-
84 239
-
-
withholding
-
8 787
-
-
total
-
8 787
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 848
28 548
39 125
29 897
After tax
64 152
75 452
64 875
74 103
Living cost
65 455
65 455
65 455
65 455
Free-cash
-1 303
9 997
-580
8 648

Estimated living cost  is ₽65455 per week

₽49047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76176
₽69945
₽71661
₽66591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
15 600
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
24 665
Employee
16 874
-
97 339
-
income
1 687
-
9 734
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
pensions

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

1 482
-
2 981
-
health
776
-
1 562
-
total
4 131
-
14 650
-
Employer
16 874
-
97 339
-
unemployment
101
-
204
-
pensions

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

1 860
-
3 741
-
accident

We are using the highest rate at 1.1%.

186
-
373
-
health
1 165
-
2 343
-
total
3 312
-
6 661
-
Corporate
83 814
104 000
-
-
income
8 381
10 400
-
-
total
8 381
10 400
-
-
Dividends
75 433
93 600
-
-
withholding
3 771
4 680
-
-
total
3 771
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
19 595
15 080
21 311
24 665
After tax
84 405
88 920
82 689
79 335
Living cost
12 744
12 744
12 744
12 744
Free-cash
71 661
76 176
69 945
66 591

Estimated living cost  is ₽12744 per week

₽7440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3911
-₽2269
-₽2830
₽4623
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 088
income
-
-
-
21 425
pensions
-
-
-
11 489
total
-
-
-
45 002
Employee
90 912
83 737
88 503
-
income

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

13 706
13 706
13 706
-
pensions
11 489
11 489
11 489
-
health
11 342
10 932
11 204
-
total
36 537
36 127
36 399
-
Employer
90 912
83 737
88 503
-
unemployment
3 273
3 015
3 186
-
pensions
6 327
5 828
6 159
-
health
6 318
5 821
6 150
-
total
15 918
14 664
15 495
-
Corporate
-
5 599
-
-
income
-
1 120
-
-
total
-
1 120
-
-
Dividends
-
4 479
-
-
withholding
-
672
-
-
income
-
953
-
-
total
-
1 625
-
-
Income
104 000
104 000
104 000
104 000
Total tax
52 455
53 536
51 894
45 002
After tax
51 545
50 464
52 106
58 998
Living cost
54 375
54 375
54 375
54 375
Free-cash
-2 830
-3 911
-2 269
4 623

Estimated living cost  is ₽54375 per week

₽40110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47425
₽28597
₽38800
₽26474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 040
social contributions
-
-
-
30 368
income
-
-
-
8 939
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
35 557
-
77 612
-
income
4 267
-
9 313
-
solidarity contribution
-
-
-
-
social contributions
2 311
-
5 045
-
health
4 800
-
10 478
-
total
11 378
-
24 836
-
Employer
35 557
-
77 612
-
social contributions
8 889
-
19 403
-
health
3 200
-
6 985
-
total
12 089
-
26 388
-
Corporate
56 354
104 000
-
-
income
10 707
19 760
-
-
total
10 707
19 760
-
-
Dividends
45 647
84 240
-
-
withholding
6 847
12 636
-
-
total
6 847
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 021
32 396
51 224
53 347
After tax
62 979
71 604
52 776
50 653
Living cost
24 179
24 179
24 179
24 179
Free-cash
38 800
47 425
28 597
26 474

Estimated living cost  is ₽24179 per week

₽16795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14111
₽6642
₽8991
₽11592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
national
-
-
-
22 507
regional
-
-
-
1 157
municipal
-
-
-
618
total
-
-
-
51 031
Employee
87 148
-
104 000
-
regional
822
-
1 016
-
national
15 101
-
19 345
-
municipal
461
-
551
-
social contributions
29 386
-
35 069
-
total
45 770
-
55 981
-
Employer
87 148
-
104 000
-
total
-
-
-
-
Corporate
16 852
104 000
-
-
nationa
4 045
24 959
-
-
municipal
657
4 057
-
-
total
4 702
29 016
-
-
Dividends
12 150
74 984
-
-
withholding
3 160
19 496
-
-
total
3 160
19 496
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 632
48 512
55 981
51 031
After tax
50 368
55 488
48 019
52 969
Living cost
41 377
41 377
41 377
41 377
Free-cash
8 991
14 111
6 642
11 592

Estimated living cost  is ₽41377 per week

₽28843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9185
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43777
₽29237
₽40726
₽31154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 384
income
-
-
-
20 246
pensions
-
-
-
20 800
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
2 555
total
-
-
-
51 208
Employee
32 427
-
85 915
-
surtax
106
-
2 309
-
unemployment
2 257
-
5 979
-
income
5 435
-
18 830
-
pensions
2 162
-
5 731
-
health
828
-
2 192
-
other
-
-
-
-
total
10 788
-
35 041
-
Employer
32 427
-
85 915
-
unemployment
1 027
-
2 724
-
pensions
4 323
-
11 452
-
other
-
-
-
-
health
1 476
-
3 908
-
total
6 826
-
18 084
-
Corporate
64 747
104 000
-
-
income
16 835
27 040
-
-
total
16 835
27 040
-
-
Dividends
47 912
76 960
-
-
withholding
7 187
11 545
-
-
total
7 187
11 545
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 636
38 585
53 125
51 208
After tax
62 364
65 415
50 875
52 792
Living cost
21 638
21 638
21 638
21 638
Free-cash
40 726
43 777
29 237
31 154

Estimated living cost  is ₽21638 per week

₽13231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30735
₽20158
₽25505
₽29386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 460
pensions
-
-
-
7 437
total
-
-
-
29 897
Employee
62 064
-
91 483
-
income
11 178
-
16 308
-
pensions
5 268
-
8 799
-
health
901
-
1 502
-
total
17 347
-
26 609
-
Employer
62 064
-
91 483
-
pensions
6 719
-
10 779
-
health
1 179
-
1 737
-
total
7 898
-
12 516
-
Corporate
34 038
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.

6 466
19 761
-
-
total
6 466
19 761
-
-
Dividends
27 572
84 239
-
-
withholding
2 067
8 787
-
-
total
2 067
8 787
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 778
28 548
39 125
29 897
After tax
70 222
75 452
64 875
74 103
Living cost
44 717
44 717
44 717
44 717
Free-cash
25 505
30 735
20 158
29 386

Estimated living cost  is ₽44717 per week

₽33502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32041
₽1995
₽1975
₽7200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
260
national
-
-
-
642
pensions
-
-
-
9 568
regional
-
-
-
3 557
city
-
-
-
1 096
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
-
-
-
17 202
Employee
93 150
-
93 085
-
regional
3 050
-
3 046
-
national
441
-
441
-
unemployment
-
-
-
-
pensions
7 826
-
7 820
-
health
211
-
209
-
city
1 000
-
1 000
-
total
12 528
-
12 516
-
Employer
93 150
-
93 085
-
unemployment
-
-
-
-
pensions
7 826
-
7 820
-
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.

1 862
-
1 862
-
health
211
-
209
-
total
9 899
-
9 891
-
Corporate
-
104 000
-
-
national
-
8 840
-
-
regional
-
21 995
-
-
total
-
30 835
-
-
Dividends
-
73 165
-
-
withholding
-
25 608
-
-
total
-
25 608
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 427
56 443
22 407
17 202
After tax
81 573
47 557
81 593
86 798
Living cost
79 598
79 598
79 598
79 598
Free-cash
1 975
-32 041
1 995
7 200

Estimated living cost  is ₽79598 per week

₽51762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽977
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6576
₽28344
₽22477
₽18327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
22 784
trade
-
-
-
10 017
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.

-
-
-
1 252
total
-
-
-
40 752
Employee

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

58 931
-
104 000
-
surtax

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

381
-
1 252
-
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.

6 930
-
22 784
-
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.

6 699
-
6 699
-
total
14 010
-
30 735
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 069
104 000
-
-
trade
7 730
17 836
-
-
chamber of commerce
212
296
-
-
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.

372
858
-
-
income
6 760
15 599
-
-
total
15 074
34 589
-
-
Dividends
29 994
69 411
-
-
withholding
7 125
16 980
-
-
surtax

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

393
934
-
-
total
7 518
17 914
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 602
52 503
30 735
40 752
After tax
67 398
51 497
73 265
63 248
Living cost
44 921
44 921
44 921
44 921
Free-cash
22 477
6 576
28 344
18 327

Estimated living cost  is ₽44921 per week

₽32808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3593
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18867
₽31161
₽24657
₽26165
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 252
social contributions
-
-
-
2 964
income
-
-
-
10 744
pensions
-
-
-
25 096
other
-
-
-
3 230
surtax
-
-
-
-
total
-
-
-
44 286
Employee
41 967
-
84 162
-
surtax
-
-
-
-
income
2 477
-
12 843
-
social contributions
1 197
-
2 397
-
pensions
4 745
-
4 211
-
total
8 419
-
19 451
-
Employer
41 967
-
84 162
-
unemployment
1 699
-
3 409
-
pensions
6 894
-
7 383
-
social contributions
127
-
253
-
other
1 448
-
2 903
-
health
2 938
-
5 891
-
total
13 106
-
19 839
-
Corporate
48 927
104 000
-
-
surtax
-
-
-
-
income
13 699
29 120
-
-
total
13 699
29 120
-
-
Dividends
35 227
74 880
-
-
withholding
4 509
9 585
-
-
surtax
-
-
-
-
social contributions
6 061
12 879
-
-
total
10 570
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 794
51 584
39 290
44 286
After tax
58 206
52 416
64 710
59 714
Living cost
33 549
33 549
33 549
33 549
Free-cash
24 657
18 867
31 161
26 165

Estimated living cost  is ₽33549 per week

₽21154
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22191
₽34485
₽27638
₽29489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 252
social contributions
-
-
-
2 964
income
-
-
-
10 744
pensions
-
-
-
25 096
other
-
-
-
3 230
surtax
-
-
-
-
total
-
-
-
44 286
Employee
37 462
-
84 162
-
surtax
-
-
-
-
income
1 932
-
12 843
-
social contributions
1 068
-
2 397
-
pensions
4 237
-
4 211
-
total
7 237
-
19 451
-
Employer
37 462
-
84 162
-
unemployment
1 517
-
3 409
-
pensions
6 156
-
7 383
-
social contributions
112
-
253
-
other
1 293
-
2 903
-
health
2 622
-
5 891
-
total
11 700
-
19 839
-
Corporate
54 839
104 000
-
-
surtax
-
-
-
-
income
15 356
29 120
-
-
total
15 356
29 120
-
-
Dividends
39 484
74 880
-
-
withholding
5 054
9 585
-
-
surtax
-
-
-
-
social contributions
6 790
12 879
-
-
total
11 844
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 137
51 584
39 290
44 286
After tax
57 863
52 416
64 710
59 714
Living cost
30 225
30 225
30 225
30 225
Free-cash
27 638
22 191
34 485
29 489

Estimated living cost  is ₽30225 per week

₽17529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽42658
₽45869
₽43167
₽45996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 259
social contributions
-
-
-
14 353
income
-
-
-
15 599
total
-
-
-
37 211
Employee
33 247
-
104 000
-
income
5 545
-
15 726
-
social contributions
4 589
-
14 353
-
health
2 320
-
7 259
-
total
12 454
-
37 338
-
Employer
33 247
-
104 000
-
total
-
-
-
-
Corporate
70 753
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%.

3 537
5 199
-
-
total
3 537
5 199
-
-
Dividends
67 215
98 801
-
-
withholding
10 082
14 820
-
-
social contributions
9 276
13 634
-
-
health
4 691
6 896
-
-
total
24 049
35 350
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 040
40 549
37 338
37 211
After tax
63 960
63 451
66 662
66 789
Living cost
20 793
20 793
20 793
20 793
Free-cash
43 167
42 658
45 869
45 996

Estimated living cost  is ₽20793 per week

₽13915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
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.
₽5115
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23649
-₽3757
₽22131
₽17618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 957
chamber of commerce
-
-
-
417
income
-
-
-
18 009
pensions
-
-
-
19 239
unemployment
-
-
-
6 014
surtax
-
-
-
194
total
-
-
-
51 830
Employee
49 005
39 077
80 604
-
unemployment
1 470
1 172
2 417
-
income
5 579
2 882
15 999
-
pensions
5 019
4 001
8 255
-
health
1 896
1 513
3 119
-
other
489
391
806
-
total
14 453
9 959
30 596
-
Employer
49 005
39 077
80 604
-
chamber of commerce
195
156
322
-
surtax
194
194
194
-
payroll
1 470
1 172
2 417
-
unemployment
1 470
1 172
2 417
-
pensions
6 150
4 905
10 115
-
accident
636
508
1 048
-
other
2 328
1 855
3 828
-
health
1 852
1 477
3 046
-
total
14 295
11 439
23 387
-
Corporate
40 700
53 482
76 891
-
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.

10 175
13 370
19 222
-
total
10 175
13 370
19 222
-
Dividends
30 525
40 112
-
-
withholding
8 394
11 031
-
-
total
8 394
11 031
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 317
45 799
73 205
51 830
After tax
56 683
58 201
30 795
52 170
Living cost
34 552
34 552
34 552
34 552
Free-cash
22 131
23 649
-3 757
17 618

Estimated living cost  is ₽34552 per week

₽23045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22553
₽4431
₽7846
₽12367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
communal

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

-
-
-
5 248
social contributions
-
-
-
16 545
national
-
-
-
34 087
total
-
-
-
55 880
Employee

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

70 141
-
80 554
-
national
21 564
-
25 636
-
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.

610
-
702
-
communal

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

3 658
-
4 202
-
pensions

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

5 261
-
6 042
-
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.

3 296
-
3 787
-
total
34 389
-
40 369
-
Employer

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

70 141
-
80 554
-
surtax
7 953
-
9 133
-
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.

1 023
-
1 176
-
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.

6 215
-
7 136
-
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.

912
-
1 048
-
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.

4 313
-
4 954
-
total
20 416
-
23 447
-
Corporate
13 442
104 000
-
-
surtax
54
417
-
-
income
2 689
20 800
-
-
total
2 743
21 217
-
-
Dividends
10 699
82 783
-
-
withholding

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

2 853
24 477
-
-
total
2 853
24 477
-
-
Income
104 000
104 000
104 000
104 000
Total tax
60 401
45 694
63 816
55 880
After tax
43 599
58 306
40 184
48 120
Living cost
35 753
35 753
35 753
35 753
Free-cash
7 846
22 553
4 431
12 367

Estimated living cost  is ₽35753 per week

₽23030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3126
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.
₽9038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34648
₽19111
₽26833
₽20929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 392
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
47 658
Employee
48 811
-
78 860
-
unemployment
757
-
1 223
-
income
10 299
-
19 328
-
pensions
2 294
-
3 707
-
other
48
-
78
-
total
13 398
-
24 336
-
Employer
48 811
-
78 860
-
unemployment
2 685
-
4 338
-
pensions
11 519
-
18 610
-
accident
966
-
1 561
-
other
389
-
631
-
total
15 559
-
25 140
-
Corporate
39 631
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.

5 945
15 599
-
-
total
5 945
15 599
-
-
Dividends
33 685
88 401
-
-
withholding
6 852
18 340
-
-
total
6 852
18 340
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 754
33 939
49 476
47 658
After tax
62 246
70 061
54 524
56 342
Living cost
35 413
35 413
35 413
35 413
Free-cash
26 833
34 648
19 111
20 929

Estimated living cost  is ₽35413 per week

₽26078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10157
₽9921
₽3191
₽5437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 307
communal
-
-
-
6 572
income
-
-
-
9 775
pensions
-
-
-
15 588
surtax
-
-
-
5 156
accident
-
-
-
876
total
-
-
-
45 274
Employee
74 258
-
92 898
-
surtax
4 552
-
5 692
-
income
7 173
-
12 429
-
pensions
5 940
-
7 432
-
health
3 305
-
4 135
-
total
20 970
-
29 688
-
Employer
74 258
-
92 898
-
pensions
5 940
-
7 432
-
accident
668
-
836
-
health
2 265
-
2 834
-
total
8 873
-
11 102
-
Corporate
20 869
104 000
-
-
surtax
220
1 092
-
-
income
3 130
15 599
-
-
communal
-
7 021
-
-
total
3 350
23 712
-
-
Dividends
17 520
80 287
-
-
withholding
2 627
12 043
-
-
income
11 700
4 799
-
-
total
14 327
16 842
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 520
40 554
40 790
45 274
After tax
56 480
63 446
63 210
58 726
Living cost
53 289
53 289
53 289
53 289
Free-cash
3 191
10 157
9 921
5 437

Estimated living cost  is ₽53289 per week

₽39974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43390
₽28850
₽40271
₽30767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 384
income
-
-
-
20 246
pensions
-
-
-
20 800
unemployment
-
-
-
223
other
-
-
-
-
surtax
-
-
-
2 555
total
-
-
-
51 208
Employee
33 022
-
85 915
-
surtax
117
-
2 309
-
unemployment
2 298
-
5 979
-
income
5 536
-
18 830
-
pensions
2 203
-
5 731
-
health
843
-
2 192
-
other
-
-
-
-
total
10 997
-
35 041
-
Employer
33 022
-
85 915
-
unemployment
1 048
-
2 724
-
pensions
4 403
-
11 452
-
other
-
-
-
-
health
1 502
-
3 908
-
total
6 953
-
18 084
-
Corporate
64 026
104 000
-
-
income
16 647
27 040
-
-
total
16 647
27 040
-
-
Dividends
47 379
76 960
-
-
withholding
7 107
11 545
-
-
total
7 107
11 545
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 704
38 585
53 125
51 208
After tax
62 296
65 415
50 875
52 792
Living cost
22 025
22 025
22 025
22 025
Free-cash
40 271
43 390
28 850
30 767

Estimated living cost  is ₽22025 per week

₽13297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1915
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.
₽6303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28251
₽21220
₽26072
₽26143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
national
-
-
-
22 507
regional
-
-
-
1 568
municipal
-
-
-
618
total
-
-
-
51 442
Employee
54 394
-
104 000
-
regional
732
-
1 400
-
national
8 618
-
19 345
-
municipal
288
-
551
-
social contributions
18 342
-
35 069
-
total
27 980
-
56 365
-
Employer
54 394
-
104 000
-
total
-
-
-
-
Corporate
49 606
104 000
-
-
nationa
11 906
24 959
-
-
municipal
2 466
5 169
-
-
total
14 372
30 128
-
-
Dividends
35 235
73 871
-
-
withholding
9 161
19 206
-
-
total
9 161
19 206
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 513
49 334
56 365
51 442
After tax
52 487
54 666
47 635
52 558
Living cost
26 415
26 415
26 415
26 415
Free-cash
26 072
28 251
21 220
26 143

Estimated living cost  is ₽26415 per week

₽16427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41809
₽22981
₽31180
₽20858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 040
social contributions
-
-
-
30 368
income
-
-
-
8 939
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
43 815
-
77 612
-
income
5 258
-
9 313
-
solidarity contribution
-
-
-
-
social contributions
2 848
-
5 045
-
health
5 915
-
10 478
-
total
14 021
-
24 836
-
Employer
43 815
-
77 612
-
social contributions
10 954
-
19 403
-
health
3 943
-
6 985
-
total
14 897
-
26 388
-
Corporate
45 287
104 000
-
-
income
8 605
19 760
-
-
total
8 605
19 760
-
-
Dividends
36 683
84 240
-
-
withholding
5 502
12 636
-
-
total
5 502
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
43 025
32 396
51 224
53 347
After tax
60 975
71 604
52 776
50 653
Living cost
29 795
29 795
29 795
29 795
Free-cash
31 180
41 809
22 981
20 858

Estimated living cost  is ₽29795 per week

₽22157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5471
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27024
-₽462
₽26535
₽21080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 957
chamber of commerce
-
-
-
417
income
-
-
-
18 009
pensions
-
-
-
19 239
unemployment
-
-
-
6 014
surtax
-
-
-
-
total
-
-
-
51 636
Employee
42 864
39 077
80 754
-
unemployment
1 286
1 172
2 423
-
income
3 818
2 882
16 052
-
pensions
4 390
4 001
8 270
-
health
1 658
1 513
3 124
-
other
428
391
808
-
total
11 580
9 959
30 677
-
Employer
42 864
39 077
80 754
-
chamber of commerce
171
156
324
-
surtax
-
-
-
-
payroll
1 286
1 172
2 423
-
unemployment
1 286
1 172
2 423
-
pensions
5 380
4 905
10 134
-
accident
556
508
1 050
-
other
2 036
1 855
3 835
-
health
1 621
1 477
3 052
-
total
12 336
11 245
23 241
-
Corporate
48 801
53 676
77 038
-
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.

12 200
13 418
19 260
-
total
12 200
13 418
19 260
-
Dividends
36 601
40 257
-
-
withholding
10 065
11 070
-
-
total
10 065
11 070
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 181
45 692
73 178
51 636
After tax
57 819
58 308
30 822
52 364
Living cost
31 284
31 284
31 284
31 284
Free-cash
26 535
27 024
-462
21 080

Estimated living cost  is ₽31284 per week

₽18766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86211
₽70611
₽83851
₽90371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
microenterprise

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

-
-
-
1 040
total
-
-
-
1 040
Employee
15 736
-
104 000
-
income
3 147
-
20 800
-
total
3 147
-
20 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 264
104 000
-
-
total
-
-
-
-
Dividends
88 264
104 000
-
-
withholding
4 413
5 200
-
-
total
4 413
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
7 560
5 200
20 800
1 040
After tax
96 440
98 800
83 200
102 960
Living cost
12 589
12 589
12 589
12 589
Free-cash
83 851
86 211
70 611
90 371

Estimated living cost  is ₽12589 per week

₽8519
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
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.
₽3119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45302
₽24266
₽37101
₽27244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 235
income
-
-
-
21 070
pensions
-
-
-
18 994
unemployment
-
-
-
156
total
-
-
-
50 455
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.

43 361
-
89 990
-
unemployment
61
-
127
-
income
7 478
-
19 534
-
pensions
6 721
-
13 949
-
health
2 801
-
5 813
-
total
17 061
-
39 423
-
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.

43 361
-
89 990
-
unemployment
26
-
54
-
pensions
3 837
-
7 964
-
health
2 888
-
5 992
-
total
6 751
-
14 010
-
Corporate
53 887
104 000
-
-
income
10 238
19 760
-
-
total
10 238
19 760
-
-
Dividends
43 649
84 240
-
-
withholding
6 548
12 637
-
-
total
6 548
12 637
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 598
32 397
53 433
50 455
After tax
63 402
71 603
50 567
53 545
Living cost
26 301
26 301
26 301
26 301
Free-cash
37 101
45 302
24 266
27 244

Estimated living cost  is ₽26301 per week

₽18050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18161
₽45133
-₽51891
₽26759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
11 856
income
-
-
-
20 272
total
-
-
-
32 128
Employee
64 685
-
-
-
income
14 268
-
-
-
social contributions
5 304
-
756
-
total
19 572
-
756
-
Employer
64 685
-
-
-
social contributions
91 206
-
12 998
-
total
91 206
-
12 998
-
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
110 778
40 726
13 754
32 128
After tax
-6 778
63 274
90 246
71 872
Living cost
45 113
45 113
45 113
45 113
Free-cash
-51 891
18 161
45 133
26 759

Estimated living cost  is ₽45113 per week

₽29271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4243
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.
₽11024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28396
₽21463
₽27409
₽27119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 139
income
-
-
-
9 984
surtax
-
-
-
-
total
-
-
-
46 123
Employee
45 099
-
84 041
-
surtax
-
-
-
-
income
9 381
-
22 575
-
social contributions
4 961
-
9 245
-
total
14 342
-
31 820
-
Employer
45 099
-
84 041
-
social contributions
10 711
-
19 959
-
total
10 711
-
19 959
-
Corporate
48 190
104 000
-
-
surtax
-
-
-
-
income
10 119
21 841
-
-
total
10 119
21 841
-
-
Dividends
38 071
82 159
-
-
withholding
10 661
23 005
-
-
total
10 661
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 833
44 846
51 779
46 123
After tax
58 167
59 154
52 221
57 877
Living cost
30 758
30 758
30 758
30 758
Free-cash
27 409
28 396
21 463
27 119

Estimated living cost  is ₽30758 per week

₽23013
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1814
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.
₽5417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5055
₽17349
₽11798
₽12353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 252
social contributions
-
-
-
2 964
income
-
-
-
10 744
pensions
-
-
-
25 096
other
-
-
-
3 230
surtax
-
-
-
-
total
-
-
-
44 286
Employee
61 415
-
84 162
-
surtax
-
-
-
-
income
5 359
-
12 843
-
social contributions
1 749
-
2 397
-
pensions
6 946
-
4 211
-
total
14 054
-
19 451
-
Employer
61 415
-
84 162
-
unemployment
2 488
-
3 409
-
pensions
10 091
-
7 383
-
social contributions
184
-
253
-
other
2 119
-
2 903
-
health
4 299
-
5 891
-
total
19 181
-
19 839
-
Corporate
23 403
104 000
-
-
surtax
-
-
-
-
income
6 552
29 120
-
-
total
6 552
29 120
-
-
Dividends
16 851
74 880
-
-
withholding
2 157
9 585
-
-
surtax
-
-
-
-
social contributions
2 897
12 879
-
-
total
5 054
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
44 841
51 584
39 290
44 286
After tax
59 159
52 416
64 710
59 714
Living cost
47 361
47 361
47 361
47 361
Free-cash
11 798
5 055
17 349
12 353

Estimated living cost  is ₽47361 per week

₽32053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽649
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10784
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64124
₽52250
₽60829
₽49486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 157
social contributions
-
-
-
22 881
total
-
-
-
25 038
Employee
31 525
-
90 044
-
social contributions
2 049
-
5 854
-
income
-
-
2 464
-
total
2 049
-
8 318
-
Employer
31 525
-
90 044
-
social contributions
4 887
-
13 956
-
total
4 887
-
13 956
-
Corporate
67 589
104 000
-
-
income
6 759
10 400
-
-
total
6 759
10 400
-
-
Dividends
60 830
93 600
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
13 695
10 400
22 274
25 038
After tax
90 305
93 600
81 726
78 962
Living cost
29 476
29 476
29 476
29 476
Free-cash
60 829
64 124
52 250
49 486

Estimated living cost  is ₽29476 per week

₽19059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽109343
-₽109343
-₽109343
₽16988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
labour market
-
-
-
8 252
national
-
-
-
11 123
pensions
-
-
-
849
municipal
-
-
-
19 630
total
-
-
-
39 854
Employee
199 041
199 041
199 041
-
national
24 316
24 316
24 316
-
labour market
15 901
15 901
15 901
-
municipal
42 385
42 385
42 385
-
pensions
283
283
283
-
total
82 885
82 885
82 885
-
Employer
199 041
199 041
199 041
-
national
24 359
24 359
24 359
-
pensions
566
566
566
-
labour market
15 923
15 923
15 923
-
municipal
42 452
42 452
42 452
-
total
83 300
83 300
83 300
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
166 185
166 185
166 185
39 854
After tax
-62 185
-62 185
-62 185
64 146
Living cost
47 158
47 158
47 158
47 158
Free-cash
-109 343
-109 343
-109 343
16 988

Estimated living cost  is ₽47158 per week

₽32275
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12971
₽32640
₽5142
₽49951
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
25 779
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
32 654
Employee
33 656
-
89 440
-
income
4 617
-
17 633
-
pensions
3 790
-
7 531
-
health
3 854
-
10 241
-
total
12 261
-
35 405
-
Employer
33 656
-
89 440
-
unemployment
825
-
2 191
-
pensions
5 472
-
10 875
-
accident
562
-
1 494
-
total
6 859
-
14 560
-
Corporate
63 485
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.

57 137
93 600
-
-
total
57 137
93 600
-
-
Dividends
6 348
10 400
-
-
withholding
1 206
1 976
-
-
total
1 206
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 463
95 576
49 965
32 654
After tax
26 537
8 424
54 035
71 346
Living cost
21 395
21 395
21 395
21 395
Free-cash
5 142
-12 971
32 640
49 951

Estimated living cost  is ₽21395 per week

₽15573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31050
₽21215
₽29531
₽35538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
health
-
-
-
1 193
national
-
-
-
11 116
municipal
-
-
-
18 506
total
-
-
-
30 815
Employee
51 590
-
87 491
-
national
852
-
6 193
-
unemployment
774
-
1 312
-
municipal
8 450
-
14 280
-
pensions
3 482
-
5 906
-
health
385
-
938
-
total
13 943
-
28 629
-
Employer
51 590
-
87 491
-
unemployment
335
-
569
-
pensions
8 951
-
15 179
-
accident
52
-
87
-
health
396
-
674
-
total
9 734
-
16 509
-
Corporate
42 676
104 000
-
-
income
8 536
20 800
-
-
total
8 536
20 800
-
-
Dividends

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

25 605
62 400
-
-
municipal
4 609
11 232
-
-
national
-
3 271
-
-
total
4 609
14 503
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 822
35 303
45 138
30 815
After tax
67 178
68 697
58 862
73 185
Living cost
37 647
37 647
37 647
37 647
Free-cash
29 531
31 050
21 215
35 538

Estimated living cost  is ₽37647 per week

₽24591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53390
₽50158
₽48053
₽50515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 652
social contributions
-
-
-
15 865
income
-
-
-
12 265
total
-
-
-
30 782
Employee
75 402
75 402
94 417
-
income
8 210
6 980
12 114
-
social contributions
2 851
6 258
7 836
-
health
584
1 282
1 606
-
total
11 645
14 520
21 556
-
Employer
75 402
75 402
94 417
-
social contributions
2 851
6 258
7 836
-
health
635
1 396
1 747
-
total
3 486
7 654
9 583
-
Corporate
66 166
20 945
-
-
income
8 271
2 618
-
-
total
8 271
2 618
-
-
Dividends
57 895
18 326
-
-
withholding
9 842
3 115
-
-
total
9 842
3 115
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 244
27 907
31 139
30 782
After tax
70 756
76 093
72 861
73 218
Living cost
22 703
22 703
22 703
22 703
Free-cash
48 053
53 390
50 158
50 515

Estimated living cost  is ₽22703 per week

₽13606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70554
₽48935
₽65564
₽68603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 549
income
-
-
-
10 013
pensions
-
-
-
6 238
unemployment
-
-
-
28
total
-
-
-
19 828
Employee

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

22 508
-
94 417
-
unemployment
112
-
465
-
income
1 539
-
7 583
-
pensions
3 376
-
13 956
-
health
1 913
-
7 909
-
total
6 940
-
29 913
-
Employer

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

22 508
-
94 417
-
unemployment
112
-
465
-
pensions
1 237
-
5 117
-
health
968
-
4 001
-
total
2 317
-
9 583
-
Corporate
79 176
104 000
-
-
income
7 125
9 360
-
-
total
7 125
9 360
-
-
Dividends
72 051
94 640
-
-
withholding
6 485
8 517
-
-
total
6 485
8 517
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 867
17 877
39 496
19 828
After tax
81 133
86 123
64 504
84 172
Living cost
15 569
15 569
15 569
15 569
Free-cash
65 564
70 554
48 935
68 603

Estimated living cost  is ₽15569 per week

₽9933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1122
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4049
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽43096
₽27559
₽37951
₽29377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 392
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
47 658
Employee
36 258
-
78 860
-
unemployment
562
-
1 223
-
income
6 990
-
19 328
-
pensions
1 705
-
3 707
-
other
35
-
78
-
total
9 292
-
24 336
-
Employer
36 258
-
78 860
-
unemployment
1 995
-
4 338
-
pensions
8 556
-
18 610
-
accident
718
-
1 561
-
other
290
-
631
-
total
11 559
-
25 140
-
Corporate
56 183
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.

8 428
15 599
-
-
total
8 428
15 599
-
-
Dividends
47 755
88 401
-
-
withholding
9 805
18 340
-
-
total
9 805
18 340
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 084
33 939
49 476
47 658
After tax
64 916
70 061
54 524
56 342
Living cost
26 965
26 965
26 965
26 965
Free-cash
37 951
43 096
27 559
29 377

Estimated living cost  is ₽26965 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2592
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.
₽5700
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63073
₽64578
₽62773
₽64706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
964
income
-
-
-
35 177
pensions
-
-
-
1 330
total
-
-
-
37 471
Employee
2 776
-
102 504
-
unemployment
28
-
66
-
income
537
-
35 107
-
pensions
250
-
598
-
health
139
-
332
-
total
954
-
36 103
-
Employer
2 776
-
102 504
-
unemployment
56
-
133
-
pensions
305
-
731
-
health
264
-
632
-
total
625
-
1 496
-
Corporate
100 599
104 000
-
-
income
22 132
22 880
-
-
total
22 132
22 880
-
-
Dividends
78 467
81 120
-
-
withholding
15 693
16 224
-
-
total
15 693
16 224
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 404
39 104
37 599
37 471
After tax
64 596
64 896
66 401
66 529
Living cost
1 823
1 823
1 823
1 823
Free-cash
62 773
63 073
64 578
64 706

Estimated living cost  is ₽1823 per week

₽1083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58219
₽38845
₽53406
₽38843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 448
income
-
-
-
20 902
pensions
-
-
-
18 801
unemployment
-
-
-
1 085
total
-
-
-
48 236
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.

25 516
-
91 057
-
unemployment
191
-
542
-
income
3 517
-
20 902
-
pensions
3 572
-
10 123
-
health
1 314
-
3 724
-
total
8 594
-
35 291
-
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.

25 516
-
91 057
-
unemployment
191
-
542
-
pensions
3 062
-
8 677
-
health
1 314
-
3 724
-
total
4 567
-
12 943
-
Corporate
73 917
104 000
-
-
income
11 088
15 600
-
-
total
11 088
15 600
-
-
Dividends
62 829
88 400
-
-
withholding
9 424
13 260
-
-
total
9 424
13 260
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 673
28 860
48 234
48 236
After tax
70 327
75 140
55 766
55 764
Living cost
16 921
16 921
16 921
16 921
Free-cash
53 406
58 219
38 845
38 843

Estimated living cost  is ₽16921 per week

₽11393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32718
₽25785
₽32366
₽31441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
36 139
income
-
-
-
9 984
surtax
-
-
-
-
total
-
-
-
46 123
Employee
38 058
-
84 041
-
surtax
-
-
-
-
income
7 436
-
22 575
-
social contributions
4 187
-
9 245
-
total
11 623
-
31 820
-
Employer
38 058
-
84 041
-
social contributions
9 038
-
19 959
-
total
9 038
-
19 959
-
Corporate
56 904
104 000
-
-
surtax
-
-
-
-
income
11 950
21 841
-
-
total
11 950
21 841
-
-
Dividends
44 953
82 159
-
-
withholding
12 587
23 005
-
-
total
12 587
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 198
44 846
51 779
46 123
After tax
58 802
59 154
52 221
57 877
Living cost
26 436
26 436
26 436
26 436
Free-cash
32 366
32 718
25 785
31 441

Estimated living cost  is ₽26436 per week

₽18724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1837
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.
₽5408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35599
₽20062
₽28118
₽21880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 392
pensions
-
-
-
25 720
unemployment
-
-
-
636
other
-
-
-
91
accident
-
-
-
819
total
-
-
-
47 658
Employee
47 357
-
78 860
-
unemployment
733
-
1 223
-
income
9 891
-
19 328
-
pensions
2 226
-
3 707
-
other
47
-
78
-
total
12 897
-
24 336
-
Employer
47 357
-
78 860
-
unemployment
2 605
-
4 338
-
pensions
11 176
-
18 610
-
accident
938
-
1 561
-
other
380
-
631
-
total
15 099
-
25 140
-
Corporate
41 544
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.

6 232
15 599
-
-
total
6 232
15 599
-
-
Dividends
35 312
88 401
-
-
withholding
7 192
18 340
-
-
total
7 192
18 340
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 420
33 939
49 476
47 658
After tax
62 580
70 061
54 524
56 342
Living cost
34 462
34 462
34 462
34 462
Free-cash
28 118
35 599
20 062
21 880

Estimated living cost  is ₽34462 per week

₽24749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72200
₽65969
₽66277
₽62615
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 904
income
-
-
-
15 600
pensions

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

-
-
-
5 025
unemployment
-
-
-
136
total
-
-
-
24 665
Employee
22 140
-
97 339
-
income
2 214
-
9 734
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
pensions

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

1 944
-
2 981
-
health
1 019
-
1 562
-
total
5 420
-
14 650
-
Employer
22 140
-
97 339
-
unemployment
133
-
204
-
pensions

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

2 440
-
3 741
-
accident

We are using the highest rate at 1.1%.

243
-
373
-
health
1 528
-
2 343
-
total
4 344
-
6 661
-
Corporate
77 516
104 000
-
-
income
7 751
10 400
-
-
total
7 751
10 400
-
-
Dividends
69 765
93 600
-
-
withholding
3 488
4 680
-
-
total
3 488
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
21 003
15 080
21 311
24 665
After tax
82 997
88 920
82 689
79 335
Living cost
16 720
16 720
16 720
16 720
Free-cash
66 277
72 200
65 969
62 615

Estimated living cost  is ₽16720 per week

₽11059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15780
₽35408
₽28607
₽27027
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 699
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.

-
-
-
22 784
trade
-
-
-
8 381
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.

-
-
-
1 252
total
-
-
-
39 116
Employee

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

48 790
-
104 000
-
surtax

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

221
-
1 252
-
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.

4 012
-
22 784
-
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.

6 699
-
6 699
-
total
10 932
-
30 735
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 210
104 000
-
-
trade
7 923
14 924
-
-
chamber of commerce
231
301
-
-
surtax

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

456
858
-
-
income
8 281
15 599
-
-
total
16 891
31 682
-
-
Dividends
38 319
72 317
-
-
withholding
9 207
17 708
-
-
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.

506
973
-
-
total
9 713
18 681
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 536
50 363
30 735
39 116
After tax
66 464
53 637
73 265
64 884
Living cost
37 857
37 857
37 857
37 857
Free-cash
28 607
15 780
35 408
27 027

Estimated living cost  is ₽37857 per week

₽26115
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4073
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16941
₽13374
₽19106
₽13374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 393
social contributions
-
-
-
9 375
total
-
-
-
34 768
Employee
76 703
-
104 000
-
social contributions
6 372
-
9 375
-
income
14 474
-
25 393
-
total
20 846
-
34 768
-
Employer
76 703
-
104 000
-
total
-
-
-
-
Corporate
27 297
104 000
-
-
income
3 413
13 000
-
-
total
3 413
13 000
-
-
Dividends
23 884
91 000
-
-
withholding
4 777
18 201
-
-
total
4 777
18 201
-
-
Income
104 000
104 000
104 000
104 000
Total tax
29 036
31 201
34 768
34 768
After tax
74 964
72 799
69 232
69 232
Living cost
55 858
55 858
55 858
55 858
Free-cash
19 106
16 941
13 374
13 374

Estimated living cost  is ₽55858 per week

₽42496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26824
₽40877
₽30250
₽34429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 064
income
-
-
-
27 912
total
-
-
-
33 976
Employee
44 983
-
99 489
-
social contributions
4 507
-
4 511
-
income
4 881
-
18 506
-
total
9 388
-
23 017
-
Employer
44 983
-
99 489
-
social contributions
4 507
-
4 511
-
total
4 507
-
4 511
-
Corporate
54 510
104 000
-
-
income
19 079
36 400
-
-
total
19 079
36 400
-
-
Dividends
35 431
67 600
-
-
social contributions
5 181
5 181
-
-
total
5 181
5 181
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 155
41 581
27 528
33 976
After tax
65 845
62 419
76 472
70 024
Living cost
35 595
35 595
35 595
35 595
Free-cash
30 250
26 824
40 877
34 429

Estimated living cost  is ₽35595 per week

₽23446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39098
₽28521
₽36045
₽37749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 460
pensions
-
-
-
7 437
total
-
-
-
29 897
Employee
49 901
-
91 483
-
income
9 087
-
16 308
-
pensions
3 809
-
8 799
-
health
651
-
1 502
-
total
13 547
-
26 609
-
Employer
49 901
-
91 483
-
pensions
5 042
-
10 779
-
health
948
-
1 737
-
total
5 990
-
12 516
-
Corporate
48 109
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.

9 141
19 761
-
-
total
9 141
19 761
-
-
Dividends
38 968
84 239
-
-
withholding
2 923
8 787
-
-
total
2 923
8 787
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 601
28 548
39 125
29 897
After tax
72 399
75 452
64 875
74 103
Living cost
36 354
36 354
36 354
36 354
Free-cash
36 045
39 098
28 521
37 749

Estimated living cost  is ₽36354 per week

₽24938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15089
₽30522
₽4817
₽47833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 153
income
-
-
-
25 779
pensions
-
-
-
4 107
other
-
-
-
366
accident
-
-
-
249
total
-
-
-
32 654
Employee
36 987
-
89 440
-
income
5 074
-
17 633
-
pensions
4 165
-
7 531
-
health
4 235
-
10 241
-
total
13 474
-
35 405
-
Employer
36 987
-
89 440
-
unemployment
906
-
2 191
-
pensions
6 014
-
10 875
-
accident
618
-
1 494
-
total
7 538
-
14 560
-
Corporate
59 475
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.

53 528
93 600
-
-
total
53 528
93 600
-
-
Dividends
5 947
10 400
-
-
withholding
1 130
1 976
-
-
total
1 130
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
75 670
95 576
49 965
32 654
After tax
28 330
8 424
54 035
71 346
Living cost
23 513
23 513
23 513
23 513
Free-cash
4 817
-15 089
30 522
47 833

Estimated living cost  is ₽23513 per week

₽17256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1370
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.
₽4413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74284
₽53117
₽70405
₽46058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
520
income
-
-
-
16 110
health insurance
-
-
-
7 696
pensions
-
-
-
19 136
unemployment
-
-
-
1 248
total
-
-
-
44 710
Employee

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

21 171
-
104 000
-
unemployment
254
-
940
-
work injury
106
-
392
-
income
2 117
-
16 110
-
health insurance
1 567
-
5 796
-
pensions
3 895
-
14 413
-
total
7 939
-
37 651
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 829
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
82 829
102 960
-
-
withholding
12 424
15 444
-
-
total
12 424
15 444
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 363
16 484
37 651
44 710
After tax
83 637
87 516
66 349
59 290
Living cost
13 232
13 232
13 232
13 232
Free-cash
70 405
74 284
53 117
46 058

Estimated living cost  is ₽13232 per week

₽8197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽962
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3660
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15717
₽8098
₽11256
₽12853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 749
national
-
-
-
22 507
regional
-
-
-
2 131
municipal
-
-
-
696
total
-
-
-
52 083
Employee
82 630
-
104 000
-
regional
1 248
-
1 804
-
national
13 964
-
19 345
-
municipal
493
-
620
-
social contributions
27 862
-
35 069
-
total
43 567
-
56 838
-
Employer
82 630
-
104 000
-
total
-
-
-
-
Corporate
21 370
104 000
-
-
nationa
5 128
24 959
-
-
municipal
1 031
5 013
-
-
total
6 159
29 972
-
-
Dividends
15 211
74 028
-
-
withholding
3 954
19 247
-
-
total
3 954
19 247
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 680
49 219
56 838
52 083
After tax
50 320
54 781
47 162
51 917
Living cost
39 064
39 064
39 064
39 064
Free-cash
11 256
15 717
8 098
12 853

Estimated living cost  is ₽39064 per week

₽27440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2687
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8346
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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