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
₽34197
₽23632
₽43971
₽34584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
trade
-
-
-
9 387
income

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

-
-
-
23 294
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.

-
-
-
6 525
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.

-
-
-
1 281
total
-
-
-
40 487
Employee

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

36 530
-
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.

56
-
1 281
-
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.

6 525
-
6 525
-
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.

1 020
-
23 294
-
total
7 601
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 470
104 000
-
-
trade
10 626
16 379
-
-
income
10 121
15 600
-
-
surtax

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

556
857
-
-
chamber of commerce
241
294
-
-
total
21 544
33 130
-
-
Dividends
45 925
70 870
-
-
withholding
11 118
17 354
-
-
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.

611
955
-
-
total
11 729
18 309
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 874
51 439
31 100
40 487
After tax
63 126
52 561
72 900
63 513
Living cost
28 929
28 929
28 929
28 929
Free-cash
34 197
23 632
43 971
34 584

Estimated living cost  is ₽28929 per week

₽18197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3373
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15019
₽15835
₽14309
₽13494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 480
municipal
-
-
-
10 922
national
-
-
-
16 925
total
-
-
-
41 445
Employee
76 054
-
89 907
-
national
14 557
-
17 549
-
municipal
9 394
-
11 325
-
pensions
3 042
-
3 596
-
total
26 993
-
32 470
-
Employer
76 054
-
89 907
-
pensions
6 084
-
7 193
-
social contributions
818
-
967
-
total
6 902
-
8 160
-
Corporate
16 025
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%.

3 205
20 800
-
-
total
3 205
20 800
-
-
Dividends
12 820
83 200
-
-
withholding
2 820
18 304
-
-
total
2 820
18 304
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 920
39 104
40 630
41 445
After tax
64 080
64 896
63 370
62 555
Living cost
49 061
49 061
49 061
49 061
Free-cash
15 019
15 835
14 309
13 494

Estimated living cost  is ₽49061 per week

₽33346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽734
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10420
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55496
₽63330
₽38654
₽35551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
33 436
income
-
-
-
15 143
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
48 579
Employee
27 908
-
83 809
-
surtax
-
-
-
-
social contributions

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

3 070
-
9 218
-
income
4 968
-
16 069
-
total
8 038
-
25 287
-
Employer
27 908
-
83 809
-
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.

6 722
-
20 189
-
surtax
-
-
-
-
total
6 722
-
20 189
-
Corporate
69 369
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%.

13 874
20 800
-
-
total
13 874
20 800
-
-
Dividends

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

55 495
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
28 634
20 800
45 476
48 579
After tax
75 366
83 200
58 524
55 421
Living cost
19 870
19 870
19 870
19 870
Free-cash
55 496
63 330
38 654
35 551

Estimated living cost  is ₽19870 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4850
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4671
₽10523
₽12909
₽19123
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
21 900
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
44 867
Employee
81 561
81 561
88 502
-
health
12 519
10 648
11 043
-
pensions
14 681
11 190
11 190
-
income

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

13 350
13 350
13 350
-
total
40 550
35 188
35 583
-
Employer
81 561
81 561
88 502
-
pensions
5 677
5 677
6 161
-
unemployment
2 936
2 936
3 186
-
health
5 669
5 669
6 151
-
total
14 282
14 282
15 498
-
Corporate
9 158
8 157
-
-
income
1 832
1 631
-
-
total
1 832
1 631
-
-
Dividends
7 325
6 526
-
-
withholding
1 098
979
-
-
income
1 557
1 387
-
-
total
2 655
2 366
-
-
Income
104 000
104 000
104 000
104 000
Total tax
59 319
53 467
51 081
44 867
After tax
44 681
50 533
52 919
59 133
Living cost
40 010
40 010
40 010
40 010
Free-cash
4 671
10 523
12 909
19 123

Estimated living cost  is ₽40010 per week

₽28354
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16505
₽17390
₽16144
₽16041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
10 032
unemployment
-
-
-
86
pensions
-
-
-
9 333
municipal
-
-
-
23 554
accident
-
-
-
173
national
-
-
-
-
health
-
-
-
5 387
total
-
-
-
48 565
Employee
56 132
-
79 136
-
national
-
-
-
-
municipal
16 739
-
23 598
-
total
16 739
-
23 598
-
Employer
56 132
-
79 136
-
other
6 523
-
9 195
-
accident
112
-
158
-
pensions
6 068
-
8 555
-
unemployment
1 482
-
2 089
-
health
3 452
-
4 867
-
total
17 637
-
24 864
-
Corporate
30 231
104 000
-
-
income
6 651
22 880
-
-
total
6 651
22 880
-
-
Dividends
23 580
81 120
-
-
withholding
7 074
24 336
-
-
total
7 074
24 336
-
-
Income
104 000
104 000
104 000
104 000
Total tax
48 101
47 216
48 462
48 565
After tax
55 899
56 784
55 538
55 435
Living cost
39 394
39 394
39 394
39 394
Free-cash
16 505
17 390
16 144
16 041

Estimated living cost  is ₽39394 per week

₽26109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27924
₽14504
₽35380
₽25576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
trade
-
-
-
9 804
income

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

-
-
-
23 294
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.

-
-
-
6 525
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.

-
-
-
1 281
total
-
-
-
40 904
Employee

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

48 434
-
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.

228
-
1 281
-
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.

6 525
-
6 525
-
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.

4 161
-
23 294
-
total
10 914
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 566
104 000
-
-
trade
9 140
17 108
-
-
income
8 335
15 600
-
-
surtax

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

459
857
-
-
chamber of commerce
225
294
-
-
total
18 159
33 859
-
-
Dividends
37 407
70 141
-
-
withholding
8 988
17 173
-
-
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.

495
944
-
-
total
9 483
18 117
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 556
51 976
31 100
40 904
After tax
65 444
52 024
72 900
63 096
Living cost
37 520
37 520
37 520
37 520
Free-cash
27 924
14 504
35 380
25 576

Estimated living cost  is ₽37520 per week

₽25093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
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.
₽7910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41139
₽45102
₽41534
₽42179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
12 738
health
-
-
-
2 652
total
-
-
-
30 843
Employee
73 442
73 442
94 416
-
health
730
1 249
1 606
-
social contributions
3 569
6 095
7 837
-
income
7 712
6 799
12 461
-
total
12 011
14 143
21 904
-
Employer
73 442
73 442
94 416
-
social contributions
3 569
6 095
7 837
-
health
796
1 359
1 747
-
total
4 365
7 454
9 584
-
Corporate
56 646
23 104
-
-
income
7 081
2 887
-
-
total
7 081
2 887
-
-
Dividends
49 565
20 216
-
-
withholding
8 426
3 436
-
-
total
8 426
3 436
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 883
27 920
31 488
30 843
After tax
72 117
76 080
72 512
73 157
Living cost
30 978
30 978
30 978
30 978
Free-cash
41 139
45 102
41 534
42 179

Estimated living cost  is ₽30978 per week

₽21177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6862
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41261
₽40895
₽42621
₽54377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

25 506
10 151
87 029
-
unemployment
383
152
1 305
-
health
1 785
711
6 092
-
pensions
2 551
1 015
8 703
-
income
3 118
1 241
10 639
-
total
7 837
3 119
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.

25 506
10 151
87 029
-
pensions
4 974
1 979
16 971
-
total
4 974
1 979
16 971
-
Corporate
73 520
91 869
-
-
income
6 617
8 268
-
-
total
6 617
8 268
-
-
Dividends
66 903
83 601
-
-
withholding
12 712
15 884
-
-
social contributions
12 930
16 186
-
-
total
25 642
32 070
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 070
45 436
43 710
31 954
After tax
58 930
58 564
60 290
72 046
Living cost
17 669
17 669
17 669
17 669
Free-cash
41 261
40 895
42 621
54 377

Estimated living cost  is ₽17669 per week

₽12058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54198
₽60131
₽36877
₽32676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
13 936
pensions
-
-
-
20 800
health
-
-
-
13 519
total
-
-
-
48 255
Employee
27 094
-
77 728
-
unemployment
433
-
1 243
-
pensions
542
-
1 555
-
income
3 050
-
14 985
-
total
4 025
-
17 783
-
Employer
27 094
-
77 728
-
pensions
5 419
-
15 545
-
unemployment
217
-
622
-
health
3 522
-
10 104
-
total
9 158
-
26 271
-
Corporate
67 747
104 000
-
-
income
13 550
20 800
-
-
total
13 550
20 800
-
-
Dividends
54 197
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
26 733
20 800
44 054
48 255
After tax
77 267
83 200
59 946
55 745
Living cost
23 069
23 069
23 069
23 069
Free-cash
54 198
60 131
36 877
32 676

Estimated living cost  is ₽23069 per week

₽15823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and 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 Tallinn model

Close
Gdansk , Poland
₽5128
-₽13061
₽32616
₽49855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
362
income
-
-
-
25 858
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
32 660
Employee
33 797
-
89 551
-
health
3 870
-
10 254
-
pensions
3 806
-
7 451
-
income
4 637
-
17 746
-
total
12 313
-
35 451
-
Employer
33 797
-
89 551
-
accident
564
-
1 495
-
pensions
5 496
-
10 759
-
unemployment
828
-
2 194
-
total
6 888
-
14 448
-
Corporate
63 315
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.

56 983
93 600
-
-
total
56 983
93 600
-
-
Dividends
6 332
10 400
-
-
withholding
1 203
1 976
-
-
total
1 203
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 387
95 576
49 899
32 660
After tax
26 613
8 424
54 101
71 340
Living cost
21 485
21 485
21 485
21 485
Free-cash
5 128
-13 061
32 616
49 855

Estimated living cost  is ₽21485 per week

₽15747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽89509
₽90976
₽75376
₽95136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 780
-
104 000
-
income
1 956
-
20 800
-
total
1 956
-
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%.

94 220
104 000
-
-
total
-
-
-
-
Dividends
94 220
104 000
-
-
withholding
4 711
5 200
-
-
total
4 711
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
6 667
5 200
20 800
1 040
After tax
97 333
98 800
83 200
102 960
Living cost
7 824
7 824
7 824
7 824
Free-cash
89 509
90 976
75 376
95 136

Estimated living cost  is ₽7824 per week

₽4849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44511
₽50960
₽35036
₽30733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
4 941
income
-
-
-
13 340
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.

-
-
-
24 961
health
-
-
-
4 576
total
-
-
-
47 818
Employee
34 678
-
83 066
-
unemployment
346
-
830
-
health
486
-
1 164
-
pensions

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

2 427
-
5 814
-
income
5 970
-
14 773
-
total
9 229
-
22 581
-
Employer
34 678
-
83 066
-
other
1 735
-
4 154
-
accident
277
-
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.

5 896
-
14 121
-
unemployment
346
-
830
-
health
486
-
1 164
-
total
8 740
-
20 934
-
Corporate
60 582
104 000
-
-
income
12 722
21 840
-
-
total
12 722
21 840
-
-
Dividends
47 860
82 160
-
-
withholding
3 349
5 751
-
-
total
3 349
5 751
-
-
Income
104 000
104 000
104 000
104 000
Total tax
34 040
27 591
43 515
47 818
After tax
69 960
76 409
60 485
56 182
Living cost
25 449
25 449
25 449
25 449
Free-cash
44 511
50 960
35 036
30 733

Estimated living cost  is ₽25449 per week

₽17981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5339
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2141
₽11847
₽1273
₽10721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 183
pensions
-
-
-
7 226
total
-
-
-
30 409
Employee
88 951
-
91 419
-
health
1 466
-
1 518
-
pensions
8 581
-
8 877
-
income
16 034
-
16 883
-
total
26 081
-
27 278
-
Employer
88 951
-
91 419
-
pensions
10 503
-
10 842
-
health
1 689
-
1 737
-
total
12 192
-
12 579
-
Corporate
2 857
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.

542
19 761
-
-
total
542
19 761
-
-
Dividends
2 315
84 239
-
-
withholding
174
9 522
-
-
total
174
9 522
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 989
29 283
39 857
30 409
After tax
65 011
74 717
64 143
73 591
Living cost
62 870
62 870
62 870
62 870
Free-cash
2 141
11 847
1 273
10 721

Estimated living cost  is ₽62870 per week

₽47109
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
₽71962
₽76399
₽70359
₽66973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
unemployment
-
-
-
133
income
-
-
-
15 600
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
24 506
Employee
16 580
-
97 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
763
-
1 534
-
pensions

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

1 456
-
2 929
-
income
1 658
-
9 745
-
total
4 060
-
14 575
-
Employer
16 580
-
97 455
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 827
-
3 676
-
unemployment
99
-
200
-
health
1 144
-
2 302
-
total
3 253
-
6 545
-
Corporate
84 167
104 000
-
-
income
8 417
10 400
-
-
total
8 417
10 400
-
-
Dividends
75 750
93 600
-
-
withholding
3 787
4 680
-
-
total
3 787
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
19 517
15 080
21 120
24 506
After tax
84 483
88 920
82 880
79 494
Living cost
12 521
12 521
12 521
12 521
Free-cash
71 962
76 399
70 359
66 973

Estimated living cost  is ₽12521 per week

₽7310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽51
-₽2428
-₽42
₽6172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
21 900
pensions
-
-
-
11 190
health
-
-
-
11 777
total
-
-
-
44 867
Employee
88 549
81 561
88 502
-
health
11 047
10 648
11 043
-
pensions
11 190
11 190
11 190
-
income

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

13 350
13 350
13 350
-
total
35 587
35 188
35 583
-
Employer
88 549
81 561
88 502
-
pensions
6 162
5 677
6 161
-
unemployment
3 188
2 936
3 186
-
health
6 153
5 669
6 151
-
total
15 503
14 282
15 498
-
Corporate
-
8 157
-
-
income
-
1 631
-
-
total
-
1 631
-
-
Dividends
-
6 526
-
-
withholding
-
979
-
-
income
-
1 387
-
-
total
-
2 366
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 090
53 467
51 081
44 867
After tax
52 910
50 533
52 919
59 133
Living cost
52 961
52 961
52 961
52 961
Free-cash
-51
-2 428
-42
6 172

Estimated living cost  is ₽52961 per week

₽39068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39419
₽47882
₽29054
₽26931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 368
income
-
-
-
8 939
health
-
-
-
14 040
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
34 885
-
77 612
-
solidarity contribution
-
-
-
-
health
4 710
-
10 478
-
social contributions
2 268
-
5 045
-
income
4 186
-
9 313
-
total
11 164
-
24 836
-
Employer
34 885
-
77 612
-
social contributions
8 721
-
19 403
-
health
3 140
-
6 985
-
total
11 861
-
26 388
-
Corporate
57 254
104 000
-
-
income
10 878
19 760
-
-
total
10 878
19 760
-
-
Dividends
46 376
84 240
-
-
withholding
6 956
12 636
-
-
total
6 956
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 859
32 396
51 224
53 347
After tax
63 141
71 604
52 776
50 653
Living cost
23 722
23 722
23 722
23 722
Free-cash
39 419
47 882
29 054
26 931

Estimated living cost  is ₽23722 per week

₽16477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10202
₽15187
₽7535
₽12483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 163
social contributions
-
-
-
26 748
municipal
-
-
-
618
national
-
-
-
22 687
total
-
-
-
51 216
Employee
84 882
-
104 000
-
national
14 708
-
19 524
-
regional
801
-
1 020
-
municipal
449
-
551
-
social contributions
28 622
-
35 069
-
total
44 580
-
56 164
-
Employer
84 882
-
104 000
-
total
-
-
-
-
Corporate
19 118
104 000
-
-
nationa
4 589
24 959
-
-
municipal
745
4 056
-
-
total
5 334
29 015
-
-
Dividends
13 784
74 984
-
-
withholding
3 583
19 497
-
-
total
3 583
19 497
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 497
48 512
56 164
51 216
After tax
50 503
55 488
47 836
52 784
Living cost
40 301
40 301
40 301
40 301
Free-cash
10 202
15 187
7 535
12 483

Estimated living cost  is ₽40301 per week

₽28093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41368
₽44340
₽29531
₽31280
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
20 608
pensions
-
-
-
20 800
health
-
-
-
7 384
surtax
-
-
-
2 635
total
-
-
-
51 644
Employee
31 584
-
85 913
-
surtax
103
-
2 373
-
unemployment
2 199
-
5 979
-
other
-
-
-
-
health
807
-
2 191
-
pensions
2 106
-
5 731
-
income
5 294
-
19 033
-
total
10 509
-
35 307
-
Employer
31 584
-
85 913
-
other
-
-
-
-
pensions
4 210
-
11 453
-
unemployment
1 000
-
2 724
-
health
1 437
-
3 909
-
total
6 647
-
18 086
-
Corporate
65 768
104 000
-
-
income
17 099
27 040
-
-
total
17 099
27 040
-
-
Dividends
48 669
76 960
-
-
withholding
7 301
11 544
-
-
total
7 301
11 544
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 556
38 584
53 393
51 644
After tax
62 444
65 416
50 607
52 356
Living cost
21 076
21 076
21 076
21 076
Free-cash
41 368
44 340
29 531
31 280

Estimated living cost  is ₽21076 per week

₽12887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽5758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27575
₽31766
₽21192
₽30640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 183
pensions
-
-
-
7 226
total
-
-
-
30 409
Employee
59 613
-
91 419
-
health
865
-
1 518
-
pensions
5 060
-
8 877
-
income
10 737
-
16 883
-
total
16 662
-
27 278
-
Employer
59 613
-
91 419
-
pensions
6 453
-
10 842
-
health
1 132
-
1 737
-
total
7 585
-
12 579
-
Corporate
36 802
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.

6 991
19 761
-
-
total
6 991
19 761
-
-
Dividends
29 810
84 239
-
-
withholding
2 236
9 522
-
-
total
2 236
9 522
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 474
29 283
39 857
30 409
After tax
70 526
74 717
64 143
73 591
Living cost
42 951
42 951
42 951
42 951
Free-cash
27 575
31 766
21 192
30 640

Estimated living cost  is ₽42951 per week

₽32178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3219
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4210
-₽28211
₽5654
₽10815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other

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

-
-
-
2 080
city
-
-
-
1 096
regional
-
-
-
3 697
pensions
-
-
-
9 568
national
-
-
-
730
health
-
-
-
247
total
-
-
-
17 418
Employee
88 667
-
93 085
-
national
420
-
516
-
unemployment
-
-
-
-
city
952
-
1 000
-
regional
2 903
-
3 143
-
health
200
-
210
-
pensions
7 449
-
7 819
-
total
11 924
-
12 688
-
Employer
88 667
-
93 085
-
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.

1 773
-
1 862
-
pensions
7 449
-
7 819
-
unemployment
-
-
-
-
health
200
-
210
-
total
9 422
-
9 891
-
Corporate
4 935
104 000
-
-
regional
1 043
21 996
-
-
national
420
8 841
-
-
total
1 463
30 837
-
-
Dividends
3 472
73 164
-
-
withholding
1 214
25 607
-
-
total
1 214
25 607
-
-
Income
104 000
104 000
104 000
104 000
Total tax
24 023
56 444
22 579
17 418
After tax
79 977
47 556
81 421
86 582
Living cost
75 767
75 767
75 767
75 767
Free-cash
4 210
-28 211
5 654
10 815

Estimated living cost  is ₽75767 per week

₽49270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽930
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽23223
₽7737
₽29147
₽18927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
trade
-
-
-
10 220
income

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

-
-
-
23 294
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.

-
-
-
6 525
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.

-
-
-
1 281
total
-
-
-
41 320
Employee

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

57 399
-
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.

372
-
1 281
-
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.

6 525
-
6 525
-
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.

6 750
-
23 294
-
total
13 647
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 601
104 000
-
-
trade
7 993
17 836
-
-
income
6 991
15 600
-
-
surtax

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

384
857
-
-
chamber of commerce
210
292
-
-
total
15 578
34 585
-
-
Dividends
31 023
69 415
-
-
withholding
7 393
16 990
-
-
surtax

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

406
935
-
-
total
7 799
17 925
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 024
52 510
31 100
41 320
After tax
66 976
51 490
72 900
62 680
Living cost
43 753
43 753
43 753
43 753
Free-cash
23 223
7 737
29 147
18 927

Estimated living cost  is ₽43753 per week

₽31955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7730
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25381
₽19737
₽31572
₽26972
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
3 224
social contributions
-
-
-
2 963
income
-
-
-
11 106
pensions
-
-
-
24 666
health
-
-
-
2 392
surtax
-
-
-
-
total
-
-
-
44 351
Employee
40 876
-
83 972
-
surtax
-
-
-
-
pensions
4 622
-
4 305
-
social contributions
1 165
-
2 392
-
income
2 412
-
13 033
-
total
8 199
-
19 730
-
Employer
40 876
-
83 972
-
other
1 410
-
2 896
-
pensions
6 715
-
7 520
-
unemployment
1 655
-
3 400
-
social contributions
123
-
252
-
health
2 862
-
5 953
-
total
12 765
-
20 021
-
Corporate
50 359
104 000
-
-
income
14 101
29 121
-
-
surtax
-
-
-
-
total
14 101
29 121
-
-
Dividends
36 258
74 879
-
-
withholding
4 642
9 584
-
-
social contributions
6 235
12 881
-
-
surtax
-
-
-
-
total
10 877
22 465
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 942
51 586
39 751
44 351
After tax
58 058
52 414
64 249
59 649
Living cost
32 677
32 677
32 677
32 677
Free-cash
25 381
19 737
31 572
26 972

Estimated living cost  is ₽32677 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28283
₽22975
₽34810
₽30210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
3 224
social contributions
-
-
-
2 963
income
-
-
-
11 106
pensions
-
-
-
24 666
health
-
-
-
2 392
surtax
-
-
-
-
total
-
-
-
44 351
Employee
36 488
-
83 972
-
surtax
-
-
-
-
pensions
4 127
-
4 305
-
social contributions
1 040
-
2 392
-
income
1 881
-
13 033
-
total
7 048
-
19 730
-
Employer
36 488
-
83 972
-
other
1 260
-
2 896
-
pensions
5 996
-
7 520
-
unemployment
1 477
-
3 400
-
social contributions
109
-
252
-
health
2 554
-
5 953
-
total
11 396
-
20 021
-
Corporate
56 117
104 000
-
-
income
15 712
29 121
-
-
surtax
-
-
-
-
total
15 712
29 121
-
-
Dividends
40 405
74 879
-
-
withholding
5 173
9 584
-
-
social contributions
6 949
12 881
-
-
surtax
-
-
-
-
total
12 122
22 465
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 278
51 586
39 751
44 351
After tax
57 722
52 414
64 249
59 649
Living cost
29 439
29 439
29 439
29 439
Free-cash
28 283
22 975
34 810
30 210

Estimated living cost  is ₽29439 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43692
₽43197
₽46279
₽46536
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 353
income
-
-
-
15 600
health
-
-
-
7 259
total
-
-
-
37 212
Employee
32 383
-
104 000
-
health
2 260
-
7 259
-
social contributions
4 470
-
14 353
-
income
5 401
-
15 857
-
total
12 131
-
37 469
-
Employer
32 383
-
104 000
-
total
-
-
-
-
Corporate
71 617
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%.

3 581
5 200
-
-
total
3 581
5 200
-
-
Dividends
68 035
98 800
-
-
health
4 749
6 896
-
-
withholding
10 206
14 820
-
-
social contributions
9 389
13 635
-
-
total
24 344
35 351
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 056
40 551
37 469
37 212
After tax
63 944
63 449
66 531
66 788
Living cost
20 252
20 252
20 252
20 252
Free-cash
43 692
43 197
46 279
46 536

Estimated living cost  is ₽20252 per week

₽13554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23025
₽24501
-₽3195
₽18309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
417
unemployment
-
-
-
5 858
income
-
-
-
18 378
pensions
-
-
-
19 239
health
-
-
-
7 957
surtax
-
-
-
188
total
-
-
-
52 037
Employee
47 731
38 062
80 612
-
unemployment
1 432
1 142
2 418
-
other
477
381
807
-
health
1 847
1 474
3 119
-
pensions
4 888
3 897
8 254
-
income
5 434
2 807
16 308
-
total
14 078
9 701
30 906
-
Employer
47 731
38 062
80 612
-
payroll
1 432
1 142
2 418
-
other
2 267
1 807
3 830
-
accident
620
495
1 048
-
pensions
5 990
4 778
10 117
-
unemployment
1 432
1 142
2 418
-
chamber of commerce
190
152
323
-
surtax
188
188
188
-
health
1 803
1 439
3 047
-
total
13 922
11 143
23 389
-
Corporate
42 346
54 795
76 987
-
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.

10 587
13 699
19 246
-
total
10 587
13 699
19 246
-
Dividends
31 759
41 097
-
-
withholding
8 734
11 302
-
-
total
8 734
11 302
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 321
45 845
73 541
52 037
After tax
56 679
58 155
30 459
51 963
Living cost
33 654
33 654
33 654
33 654
Free-cash
23 025
24 501
-3 195
18 309

Estimated living cost  is ₽33654 per week

₽22445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9149
₽23473
₽5211
₽12986
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 682
national
-
-
-
34 268
communal

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

-
-
-
5 240
total
-
-
-
56 190
Employee

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

68 318
-
80 552
-
national
21 004
-
25 789
-
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.

594
-
701
-
health

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

3 210
-
3 786
-
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.

5 124
-
6 041
-
communal

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

3 563
-
4 201
-
total
33 495
-
40 518
-
Employer

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

68 318
-
80 552
-
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.

888
-
1 046
-
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.

6 054
-
7 137
-
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.

997
-
1 176
-
surtax
7 746
-
9 135
-
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.

4 201
-
4 953
-
total
19 886
-
23 447
-
Corporate
15 796
104 000
-
-
income
3 159
20 800
-
-
surtax
63
417
-
-
total
3 222
21 217
-
-
Dividends
12 573
82 783
-
-
withholding

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

3 424
24 486
-
-
total
3 424
24 486
-
-
Income
104 000
104 000
104 000
104 000
Total tax
60 027
45 703
63 965
56 190
After tax
43 973
58 297
40 035
47 810
Living cost
34 824
34 824
34 824
34 824
Free-cash
9 149
23 473
5 211
12 986

Estimated living cost  is ₽34824 per week

₽22431
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27952
₽35562
₽19827
₽22088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
20 862
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
47 420
Employee
47 542
-
78 858
-
unemployment
738
-
1 222
-
other
47
-
80
-
pensions
2 235
-
3 706
-
income
10 031
-
19 534
-
total
13 051
-
24 542
-
Employer
47 542
-
78 858
-
other
379
-
631
-
accident
941
-
1 561
-
pensions
11 219
-
18 610
-
unemployment
2 615
-
4 337
-
total
15 154
-
25 139
-
Corporate
41 304
104 000
-
-
income

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

6 195
15 600
-
-
total
6 195
15 600
-
-
Dividends
35 109
88 400
-
-
withholding
7 156
18 346
-
-
total
7 156
18 346
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 556
33 946
49 681
47 420
After tax
62 444
70 054
54 319
56 580
Living cost
34 492
34 492
34 492
34 492
Free-cash
27 952
35 562
19 827
22 088

Estimated living cost  is ₽34492 per week

₽25400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4529
₽11450
₽10838
₽6441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
10 154
pensions
-
-
-
15 589
accident
-
-
-
877
communal
-
-
-
6 572
health
-
-
-
7 308
surtax
-
-
-
5 156
total
-
-
-
45 656
Employee
72 328
-
92 899
-
surtax
4 433
-
5 693
-
health
3 219
-
4 134
-
pensions
5 785
-
7 431
-
income
6 986
-
12 901
-
total
20 423
-
30 159
-
Employer
72 328
-
92 899
-
accident
651
-
836
-
pensions
5 785
-
7 431
-
health
2 206
-
2 833
-
total
8 642
-
11 100
-
Corporate
23 030
104 000
-
-
income
3 455
15 600
-
-
communal
-
7 020
-
-
surtax
241
1 091
-
-
total
3 696
23 711
-
-
Dividends
19 335
80 289
-
-
withholding
2 900
12 044
-
-
income
11 907
4 892
-
-
total
14 807
16 936
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 568
40 647
41 259
45 656
After tax
56 432
63 353
62 741
58 344
Living cost
51 903
51 903
51 903
51 903
Free-cash
4 529
11 450
10 838
6 441

Estimated living cost  is ₽51903 per week

₽38935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
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.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40926
₽43964
₽29155
₽30904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
-
unemployment
-
-
-
217
income
-
-
-
20 608
pensions
-
-
-
20 800
health
-
-
-
7 384
surtax
-
-
-
2 635
total
-
-
-
51 644
Employee
32 164
-
85 913
-
surtax
114
-
2 373
-
unemployment
2 238
-
5 979
-
other
-
-
-
-
health
821
-
2 191
-
pensions
2 146
-
5 731
-
income
5 392
-
19 033
-
total
10 711
-
35 307
-
Employer
32 164
-
85 913
-
other
-
-
-
-
pensions
4 288
-
11 453
-
unemployment
1 020
-
2 724
-
health
1 463
-
3 909
-
total
6 771
-
18 086
-
Corporate
65 065
104 000
-
-
income
16 917
27 040
-
-
total
16 917
27 040
-
-
Dividends
48 147
76 960
-
-
withholding
7 223
11 544
-
-
total
7 223
11 544
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 622
38 584
53 393
51 644
After tax
62 378
65 416
50 607
52 356
Living cost
21 452
21 452
21 452
21 452
Free-cash
40 926
43 964
29 155
30 904

Estimated living cost  is ₽21452 per week

₽12952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26816
₽28937
₽21728
₽26650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 569
social contributions
-
-
-
26 748
municipal
-
-
-
618
national
-
-
-
22 687
total
-
-
-
51 622
Employee
52 980
-
104 000
-
national
8 393
-
19 524
-
regional
713
-
1 400
-
municipal
281
-
551
-
social contributions
17 865
-
35 069
-
total
27 252
-
56 544
-
Employer
52 980
-
104 000
-
total
-
-
-
-
Corporate
51 020
104 000
-
-
nationa
12 245
24 959
-
-
municipal
2 536
5 169
-
-
total
14 781
30 128
-
-
Dividends
36 239
73 872
-
-
withholding
9 423
19 207
-
-
total
9 423
19 207
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 456
49 335
56 544
51 622
After tax
52 544
54 665
47 456
52 378
Living cost
25 728
25 728
25 728
25 728
Free-cash
26 816
28 937
21 728
26 650

Estimated living cost  is ₽25728 per week

₽16000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31945
₽42372
₽23544
₽21421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 368
income
-
-
-
8 939
health
-
-
-
14 040
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
42 988
-
77 612
-
solidarity contribution
-
-
-
-
health
5 803
-
10 478
-
social contributions
2 794
-
5 045
-
income
5 158
-
9 313
-
total
13 755
-
24 836
-
Employer
42 988
-
77 612
-
social contributions
10 747
-
19 403
-
health
3 869
-
6 985
-
total
14 616
-
26 388
-
Corporate
46 397
104 000
-
-
income
8 815
19 760
-
-
total
8 815
19 760
-
-
Dividends
37 581
84 240
-
-
withholding
5 637
12 636
-
-
total
5 637
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
42 823
32 396
51 224
53 347
After tax
61 177
71 604
52 776
50 653
Living cost
29 232
29 232
29 232
29 232
Free-cash
31 945
42 372
23 544
21 421

Estimated living cost  is ₽29232 per week

₽21738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1619
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27314
₽27786
₽22
₽21680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
417
unemployment
-
-
-
5 858
income
-
-
-
18 378
pensions
-
-
-
19 239
health
-
-
-
7 957
surtax
-
-
-
-
total
-
-
-
51 849
Employee
41 750
38 062
80 757
-
unemployment
1 252
1 142
2 423
-
other
417
381
808
-
health
1 615
1 474
3 125
-
pensions
4 276
3 897
8 270
-
income
3 719
2 807
16 356
-
total
11 279
9 701
30 982
-
Employer
41 750
38 062
80 757
-
payroll
1 252
1 142
2 423
-
other
1 983
1 807
3 837
-
accident
542
495
1 049
-
pensions
5 240
4 778
10 135
-
unemployment
1 252
1 142
2 423
-
chamber of commerce
167
152
323
-
surtax
-
-
-
-
health
1 579
1 439
3 052
-
total
12 015
10 955
23 242
-
Corporate
50 236
54 984
77 132
-
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.

12 559
13 746
19 283
-
total
12 559
13 746
19 283
-
Dividends
37 677
41 238
-
-
withholding
10 362
11 341
-
-
total
10 362
11 341
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 215
45 743
73 507
51 849
After tax
57 785
58 257
30 493
52 151
Living cost
30 471
30 471
30 471
30 471
Free-cash
27 314
27 786
22
21 680

Estimated living cost  is ₽30471 per week

₽18279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3112
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84321
₽86607
₽71007
₽90767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 241
-
104 000
-
income
3 048
-
20 800
-
total
3 048
-
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%.

88 759
104 000
-
-
total
-
-
-
-
Dividends
88 759
104 000
-
-
withholding
4 438
5 200
-
-
total
4 438
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
7 486
5 200
20 800
1 040
After tax
96 514
98 800
83 200
102 960
Living cost
12 193
12 193
12 193
12 193
Free-cash
84 321
86 607
71 007
90 767

Estimated living cost  is ₽12193 per week

₽8251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37996
₽45987
₽24834
₽27817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
104 000
unemployment
-
-
-
156
income
-
-
-
21 183
pensions
-
-
-
18 993
health
-
-
-
10 233
total
-
-
-
50 565
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.

42 234
-
89 988
-
unemployment
60
-
127
-
health
2 728
-
5 814
-
pensions
6 547
-
13 949
-
income
7 283
-
19 646
-
total
16 618
-
39 536
-
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.

42 234
-
89 988
-
pensions
3 737
-
7 964
-
unemployment
25
-
54
-
health
2 813
-
5 994
-
total
6 575
-
14 012
-
Corporate
55 190
104 000
-
-
income
10 487
19 759
-
-
total
10 487
19 759
-
-
Dividends
44 703
84 241
-
-
withholding
6 706
12 636
-
-
total
6 706
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 386
32 395
53 548
50 565
After tax
63 614
71 605
50 452
53 435
Living cost
25 618
25 618
25 618
25 618
Free-cash
37 996
45 987
24 834
27 817

Estimated living cost  is ₽25618 per week

₽17581
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽36402
₽22644
₽50982
₽31242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 258
-
-
-
social contributions
4 777
-
681
-
income
12 851
-
-
-
total
17 628
-
681
-
Employer
58 258
-
-
-
social contributions
82 144
-
11 707
-
total
82 144
-
11 707
-
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
99 772
40 726
12 388
32 128
After tax
4 228
63 274
91 612
71 872
Living cost
40 630
40 630
40 630
40 630
Free-cash
-36 402
22 644
50 982
31 242

Estimated living cost  is ₽40630 per week

₽26363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28235
₽29196
₽21978
₽27797
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 140
income
-
-
-
10 105
surtax
-
-
-
-
total
-
-
-
46 245
Employee
43 927
-
84 039
-
surtax
-
-
-
-
social contributions
4 832
-
9 244
-
income
9 137
-
22 861
-
total
13 969
-
32 105
-
Employer
43 927
-
84 039
-
social contributions
10 433
-
19 959
-
total
10 433
-
19 959
-
Corporate
49 641
104 000
-
-
income
10 425
21 840
-
-
surtax
-
-
-
-
total
10 425
21 840
-
-
Dividends
39 216
82 160
-
-
withholding
10 980
23 006
-
-
total
10 980
23 006
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 807
44 846
52 064
46 245
After tax
58 193
59 154
51 936
57 755
Living cost
29 958
29 958
29 958
29 958
Free-cash
28 235
29 196
21 978
27 797

Estimated living cost  is ₽29958 per week

₽22415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽12851
₽6285
₽18120
₽13520
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
3 224
social contributions
-
-
-
2 963
income
-
-
-
11 106
pensions
-
-
-
24 666
health
-
-
-
2 392
surtax
-
-
-
-
total
-
-
-
44 351
Employee
59 819
-
83 972
-
surtax
-
-
-
-
pensions
6 766
-
4 305
-
social contributions
1 704
-
2 392
-
income
5 219
-
13 033
-
total
13 689
-
19 730
-
Employer
59 819
-
83 972
-
other
2 064
-
2 896
-
pensions
9 829
-
7 520
-
unemployment
2 423
-
3 400
-
social contributions
179
-
252
-
health
4 187
-
5 953
-
total
18 682
-
20 021
-
Corporate
25 498
104 000
-
-
income
7 139
29 121
-
-
surtax
-
-
-
-
total
7 139
29 121
-
-
Dividends
18 359
74 879
-
-
withholding
2 351
9 584
-
-
social contributions
3 159
12 881
-
-
surtax
-
-
-
-
total
5 510
22 465
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 020
51 586
39 751
44 351
After tax
58 980
52 414
64 249
59 649
Living cost
46 129
46 129
46 129
46 129
Free-cash
12 851
6 285
18 120
13 520

Estimated living cost  is ₽46129 per week

₽31220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61681
₽64890
₽52861
₽50097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 313
social contributions
-
-
-
22 880
total
-
-
-
25 193
Employee
30 705
-
90 042
-
social contributions
1 996
-
5 852
-
income
-
-
2 619
-
total
1 996
-
8 471
-
Employer
30 705
-
90 042
-
social contributions
4 760
-
13 958
-
total
4 760
-
13 958
-
Corporate
68 535
104 000
-
-
income
6 853
10 400
-
-
total
6 853
10 400
-
-
Dividends
61 683
93 600
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
13 609
10 400
22 429
25 193
After tax
90 391
93 600
81 571
78 807
Living cost
28 710
28 710
28 710
28 710
Free-cash
61 681
64 890
52 861
50 097

Estimated living cost  is ₽28710 per week

₽18563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103819
-₽103819
-₽103819
₽18058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
827
municipal
-
-
-
19 763
labour market
-
-
-
8 254
national
-
-
-
11 161
total
-
-
-
40 005
Employee
193 887
193 887
193 887
-
national
23 687
23 687
23 687
-
municipal
41 287
41 287
41 287
-
labour market
15 489
15 489
15 489
-
pensions
276
276
276
-
total
80 739
80 739
80 739
-
Employer
193 887
193 887
193 887
-
municipal
41 353
41 353
41 353
-
pensions
551
551
551
-
national
23 728
23 728
23 728
-
labour market
15 511
15 511
15 511
-
total
81 143
81 143
81 143
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
161 882
161 882
161 882
40 005
After tax
-57 882
-57 882
-57 882
63 995
Living cost
45 937
45 937
45 937
45 937
Free-cash
-103 819
-103 819
-103 819
18 058

Estimated living cost  is ₽45937 per week

₽31439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5178
-₽12744
₽32933
₽50172
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
362
income
-
-
-
25 858
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
32 660
Employee
33 299
-
89 551
-
health
3 813
-
10 254
-
pensions
3 750
-
7 451
-
income
4 568
-
17 746
-
total
12 131
-
35 451
-
Employer
33 299
-
89 551
-
accident
556
-
1 495
-
pensions
5 414
-
10 759
-
unemployment
816
-
2 194
-
total
6 786
-
14 448
-
Corporate
63 915
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.

57 523
93 600
-
-
total
57 523
93 600
-
-
Dividends
6 392
10 400
-
-
withholding
1 214
1 976
-
-
total
1 214
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 654
95 576
49 899
32 660
After tax
26 346
8 424
54 101
71 340
Living cost
21 168
21 168
21 168
21 168
Free-cash
5 178
-12 744
32 933
50 172

Estimated living cost  is ₽21168 per week

₽15408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1207
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽30636
₽31833
₽21972
₽36232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
municipal
-
-
-
18 503
national
-
-
-
11 394
health
-
-
-
1 203
total
-
-
-
31 100
Employee
50 249
-
87 490
-
national
830
-
6 407
-
unemployment
754
-
1 312
-
health
375
-
948
-
municipal
8 230
-
14 279
-
pensions
3 391
-
5 905
-
total
13 580
-
28 851
-
Employer
50 249
-
87 490
-
accident
51
-
87
-
pensions
8 718
-
15 179
-
unemployment
326
-
569
-
health
386
-
674
-
total
9 481
-
16 509
-
Corporate
44 270
104 000
-
-
income
8 854
20 800
-
-
total
8 854
20 800
-
-
Dividends

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

26 562
62 400
-
-
municipal
4 781
11 232
-
-
national
-
3 467
-
-
total
4 781
14 699
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 696
35 499
45 360
31 100
After tax
67 304
68 501
58 640
72 900
Living cost
36 668
36 668
36 668
36 668
Free-cash
30 636
31 833
21 972
36 232

Estimated living cost  is ₽36668 per week

₽23952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3527
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.
₽8607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48768
₽53967
₽50399
₽51044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 453
income
-
-
-
12 738
health
-
-
-
2 652
total
-
-
-
30 843
Employee
73 442
73 442
94 416
-
health
569
1 249
1 606
-
social contributions
2 777
6 095
7 837
-
income
7 997
6 799
12 461
-
total
11 343
14 143
21 904
-
Employer
73 442
73 442
94 416
-
social contributions
2 777
6 095
7 837
-
health
618
1 359
1 747
-
total
3 395
7 454
9 584
-
Corporate
67 150
23 104
-
-
income
8 393
2 887
-
-
total
8 393
2 887
-
-
Dividends
58 757
20 216
-
-
withholding
9 988
3 436
-
-
total
9 988
3 436
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 119
27 920
31 488
30 843
After tax
70 881
76 080
72 512
73 157
Living cost
22 113
22 113
22 113
22 113
Free-cash
48 768
53 967
50 399
51 044

Estimated living cost  is ₽22113 per week

₽13253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66098
₽70957
₽50070
₽69228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
104 000
unemployment
-
-
-
27
income
-
-
-
10 050
pensions
-
-
-
6 075
health
-
-
-
3 456
total
-
-
-
19 608
Employee

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

21 923
-
94 666
-
unemployment
109
-
453
-
health
1 863
-
7 703
-
pensions
3 288
-
13 593
-
income
1 499
-
7 683
-
total
6 759
-
29 432
-
Employer

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

21 923
-
94 666
-
pensions
1 205
-
4 984
-
unemployment
109
-
453
-
health
942
-
3 897
-
total
2 256
-
9 334
-
Corporate
79 821
104 000
-
-
income
7 185
9 360
-
-
total
7 185
9 360
-
-
Dividends
72 636
94 640
-
-
withholding
6 538
8 519
-
-
total
6 538
8 519
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 738
17 879
38 766
19 608
After tax
81 262
86 121
65 234
84 392
Living cost
15 164
15 164
15 164
15 164
Free-cash
66 098
70 957
50 070
69 228

Estimated living cost  is ₽15164 per week

₽9675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3944
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38778
₽43790
₽28055
₽30316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
20 862
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
47 420
Employee
35 315
-
78 858
-
unemployment
547
-
1 222
-
other
34
-
80
-
pensions
1 660
-
3 706
-
income
6 808
-
19 534
-
total
9 049
-
24 542
-
Employer
35 315
-
78 858
-
other
283
-
631
-
accident
700
-
1 561
-
pensions
8 334
-
18 610
-
unemployment
1 943
-
4 337
-
total
11 260
-
25 139
-
Corporate
57 426
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.

8 615
15 600
-
-
total
8 615
15 600
-
-
Dividends
48 811
88 400
-
-
withholding
10 034
18 346
-
-
total
10 034
18 346
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 958
33 946
49 681
47 420
After tax
65 042
70 054
54 319
56 580
Living cost
26 264
26 264
26 264
26 264
Free-cash
38 778
43 790
28 055
30 316

Estimated living cost  is ₽26264 per week

₽17728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62789
₽63086
₽64599
₽64728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
income
-
-
-
35 185
pensions
-
-
-
1 320
health
-
-
-
957
total
-
-
-
37 462
Employee
2 757
-
102 515
-
unemployment
28
-
66
-
health
138
-
330
-
pensions
248
-
594
-
income
533
-
35 116
-
total
947
-
36 106
-
Employer
2 757
-
102 515
-
pensions
303
-
726
-
unemployment
55
-
132
-
health
262
-
627
-
total
620
-
1 485
-
Corporate
100 623
104 000
-
-
income
22 137
22 880
-
-
total
22 137
22 880
-
-
Dividends
78 486
81 120
-
-
withholding
15 697
16 224
-
-
total
15 697
16 224
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 401
39 104
37 591
37 462
After tax
64 599
64 896
66 409
66 538
Living cost
1 810
1 810
1 810
1 810
Free-cash
62 789
63 086
64 599
64 728

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53964
₽58653
₽39582
₽39581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
104 000
unemployment
-
-
-
1 057
income
-
-
-
21 300
pensions
-
-
-
18 318
health
-
-
-
7 257
total
-
-
-
47 932
Employee

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

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

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

24 861
-
91 389
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
pensions
3 481
-
9 864
-
income
3 427
-
21 300
-
total
8 374
-
35 320
-
Employer

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

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

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

24 861
-
91 389
-
pensions
2 983
-
8 455
-
unemployment
186
-
528
-
health
1 280
-
3 628
-
total
4 449
-
12 611
-
Corporate
74 689
104 000
-
-
income
11 203
15 600
-
-
total
11 203
15 600
-
-
Dividends
63 485
88 400
-
-
withholding
9 523
13 260
-
-
total
9 523
13 260
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 549
28 860
47 931
47 932
After tax
70 451
75 140
56 069
56 068
Living cost
16 487
16 487
16 487
16 487
Free-cash
53 964
58 653
39 582
39 581

Estimated living cost  is ₽16487 per week

₽11101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33063
₽33406
₽26188
₽32007
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
36 140
income
-
-
-
10 105
surtax
-
-
-
-
total
-
-
-
46 245
Employee
37 069
-
84 039
-
surtax
-
-
-
-
social contributions
4 078
-
9 244
-
income
7 243
-
22 861
-
total
11 321
-
32 105
-
Employer
37 069
-
84 039
-
social contributions
8 803
-
19 959
-
total
8 803
-
19 959
-
Corporate
58 128
104 000
-
-
income
12 207
21 840
-
-
surtax
-
-
-
-
total
12 207
21 840
-
-
Dividends
45 921
82 160
-
-
withholding
12 858
23 006
-
-
total
12 858
23 006
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 189
44 846
52 064
46 245
After tax
58 811
59 154
51 936
57 755
Living cost
25 748
25 748
25 748
25 748
Free-cash
33 063
33 406
26 188
32 007

Estimated living cost  is ₽25748 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29204
₽36488
₽20753
₽23014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
89
unemployment
-
-
-
620
income
-
-
-
20 862
pensions
-
-
-
25 052
accident
-
-
-
797
total
-
-
-
47 420
Employee
46 126
-
78 858
-
unemployment
714
-
1 222
-
other
45
-
80
-
pensions
2 168
-
3 706
-
income
9 634
-
19 534
-
total
12 561
-
24 542
-
Employer
46 126
-
78 858
-
other
370
-
631
-
accident
913
-
1 561
-
pensions
10 886
-
18 610
-
unemployment
2 537
-
4 337
-
total
14 706
-
25 139
-
Corporate
43 167
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.

6 476
15 600
-
-
total
6 476
15 600
-
-
Dividends
36 692
88 400
-
-
withholding
7 487
18 346
-
-
total
7 487
18 346
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 230
33 946
49 681
47 420
After tax
62 770
70 054
54 319
56 580
Living cost
33 566
33 566
33 566
33 566
Free-cash
29 204
36 488
20 753
23 014

Estimated living cost  is ₽33566 per week

₽24106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽6378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66671
₽72492
₽66452
₽63066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
unemployment
-
-
-
133
income
-
-
-
15 600
pensions

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

-
-
-
4 937
health
-
-
-
3 836
total
-
-
-
24 506
Employee
21 754
-
97 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 001
-
1 534
-
pensions

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

1 910
-
2 929
-
income
2 176
-
9 745
-
total
5 326
-
14 575
-
Employer
21 754
-
97 455
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 397
-
3 676
-
unemployment
131
-
200
-
health
1 501
-
2 302
-
total
4 268
-
6 545
-
Corporate
77 978
104 000
-
-
income
7 798
10 400
-
-
total
7 798
10 400
-
-
Dividends
70 181
93 600
-
-
withholding
3 509
4 680
-
-
total
3 509
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 901
15 080
21 120
24 506
After tax
83 099
88 920
82 880
79 494
Living cost
16 428
16 428
16 428
16 428
Free-cash
66 671
72 492
66 452
63 066

Estimated living cost  is ₽16428 per week

₽10866
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29251
₽16757
₽36027
₽27476
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
trade
-
-
-
8 551
income

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

-
-
-
23 294
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.

-
-
-
6 525
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.

-
-
-
1 281
total
-
-
-
39 651
Employee

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

47 521
-
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.

216
-
1 281
-
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.

6 525
-
6 525
-
income

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

3 908
-
23 294
-
total
10 649
-
31 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 479
104 000
-
-
trade
8 105
14 924
-
-
income
8 471
15 600
-
-
surtax

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

466
857
-
-
chamber of commerce
228
297
-
-
total
17 270
31 678
-
-
Dividends
39 208
72 322
-
-
withholding
9 439
17 717
-
-
surtax

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

518
975
-
-
total
9 957
18 692
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 876
50 370
31 100
39 651
After tax
66 124
53 630
72 900
64 349
Living cost
36 873
36 873
36 873
36 873
Free-cash
29 251
16 757
36 027
27 476

Estimated living cost  is ₽36873 per week

₽25436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3967
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20503
₽18392
₽14353
₽14353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 428
income
-
-
-
25 813
total
-
-
-
35 241
Employee
74 709
-
104 000
-
social contributions
6 207
-
9 428
-
income
14 097
-
25 813
-
total
20 304
-
35 241
-
Employer
74 709
-
104 000
-
total
-
-
-
-
Corporate
29 291
104 000
-
-
income
3 661
13 001
-
-
total
3 661
13 001
-
-
Dividends
25 630
90 999
-
-
withholding
5 126
18 201
-
-
total
5 126
18 201
-
-
Income
104 000
104 000
104 000
104 000
Total tax
29 091
31 202
35 241
35 241
After tax
74 909
72 798
68 759
68 759
Living cost
54 406
54 406
54 406
54 406
Free-cash
20 503
18 392
14 353
14 353

Estimated living cost  is ₽54406 per week

₽41391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31221
₽27884
₽41843
₽36323
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
5 820
income
-
-
-
27 187
total
-
-
-
33 007
Employee
43 814
-
99 607
-
social contributions
4 390
-
4 393
-
income
4 754
-
18 701
-
total
9 144
-
23 094
-
Employer
43 814
-
99 607
-
social contributions
4 390
-
4 393
-
total
4 390
-
4 393
-
Corporate
55 796
104 000
-
-
income
19 529
36 400
-
-
total
19 529
36 400
-
-
Dividends
36 267
67 600
-
-
social contributions
5 046
5 046
-
-
total
5 046
5 046
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 109
41 446
27 487
33 007
After tax
65 891
62 554
76 513
70 993
Living cost
34 670
34 670
34 670
34 670
Free-cash
31 221
27 884
41 843
36 323

Estimated living cost  is ₽34670 per week

₽22837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37701
₽39799
₽29225
₽38673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 183
pensions
-
-
-
7 226
total
-
-
-
30 409
Employee
47 929
-
91 419
-
health
625
-
1 518
-
pensions
3 658
-
8 877
-
income
8 728
-
16 883
-
total
13 011
-
27 278
-
Employer
47 929
-
91 419
-
pensions
4 842
-
10 842
-
health
911
-
1 737
-
total
5 753
-
12 579
-
Corporate
50 317
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.

9 561
19 761
-
-
total
9 561
19 761
-
-
Dividends
40 757
84 239
-
-
withholding
3 056
9 522
-
-
total
3 056
9 522
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 381
29 283
39 857
30 409
After tax
72 619
74 717
64 143
73 591
Living cost
34 918
34 918
34 918
34 918
Free-cash
37 701
39 799
29 225
38 673

Estimated living cost  is ₽34918 per week

₽23953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4856
-₽14840
₽30837
₽48076
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other
-
-
-
362
income
-
-
-
25 858
pensions
-
-
-
4 063
accident
-
-
-
247
health
-
-
-
2 130
total
-
-
-
32 660
Employee
36 595
-
89 551
-
health
4 190
-
10 254
-
pensions
4 121
-
7 451
-
income
5 021
-
17 746
-
total
13 332
-
35 451
-
Employer
36 595
-
89 551
-
accident
611
-
1 495
-
pensions
5 950
-
10 759
-
unemployment
896
-
2 194
-
total
7 457
-
14 448
-
Corporate
59 947
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.

53 952
93 600
-
-
total
53 952
93 600
-
-
Dividends
5 995
10 400
-
-
withholding
1 139
1 976
-
-
total
1 139
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
75 880
95 576
49 899
32 660
After tax
28 120
8 424
54 101
71 340
Living cost
23 264
23 264
23 264
23 264
Free-cash
4 856
-14 840
30 837
48 076

Estimated living cost  is ₽23264 per week

₽17073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1356
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽70859
₽74618
₽53929
₽46326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
unemployment
-
-
-
1 248
income
-
-
-
16 176
pensions
-
-
-
19 136
health insurance
-
-
-
7 696
work injury
-
-
-
520
total
-
-
-
44 776
Employee

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

20 637
-
104 000
-
health insurance
1 527
-
5 650
-
unemployment
248
-
916
-
work injury
103
-
382
-
pensions
3 797
-
14 049
-
income
2 064
-
16 176
-
total
7 739
-
37 173
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 363
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
83 363
102 960
-
-
withholding
12 504
15 444
-
-
total
12 504
15 444
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 243
16 484
37 173
44 776
After tax
83 757
87 516
66 827
59 224
Living cost
12 898
12 898
12 898
12 898
Free-cash
70 859
74 618
53 929
46 326

Estimated living cost  is ₽12898 per week

₽7991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽12387
₽16734
₽8911
₽13665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
2 156
social contributions
-
-
-
26 748
municipal
-
-
-
696
national
-
-
-
22 687
total
-
-
-
52 287
Employee
80 482
-
104 000
-
national
13 601
-
19 524
-
regional
1 215
-
1 828
-
municipal
480
-
620
-
social contributions
27 138
-
35 069
-
total
42 434
-
57 041
-
Employer
80 482
-
104 000
-
total
-
-
-
-
Corporate
23 518
104 000
-
-
nationa
5 644
24 959
-
-
municipal
1 133
5 013
-
-
total
6 777
29 972
-
-
Dividends
16 742
74 027
-
-
withholding
4 354
19 246
-
-
total
4 354
19 246
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 565
49 218
57 041
52 287
After tax
50 435
54 782
46 959
51 713
Living cost
38 048
38 048
38 048
38 048
Free-cash
12 387
16 734
8 911
13 665

Estimated living cost  is ₽38048 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2617
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.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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