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
₽34181
₽43241
₽33348
₽22290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 060
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.

-
-
-
6 830
income

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

-
-
-
22 413
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.

-
-
-
1 233
total
-
-
-
39 536
Employee

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

38 240
-
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.

59
-
1 233
-
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.

1 068
-
22 413
-
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.

6 830
-
6 830
-
total
7 957
-
30 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 760
104 000
-
-
trade
10 357
16 379
-
-
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.

543
858
-
-
income
9 864
15 599
-
-
chamber of commerce
247
302
-
-
total
21 011
33 138
-
-
Dividends
44 750
70 862
-
-
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.

594
954
-
-
withholding
10 807
17 335
-
-
total
11 401
18 289
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 369
51 427
30 476
39 536
After tax
63 631
52 573
73 524
64 464
Living cost
30 283
30 283
30 283
30 283
Free-cash
33 348
22 290
43 241
34 181

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12193
₽13009
₽13608
₽14447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
1 118
municipal
-
-
-
10 888
national
-
-
-
16 872
pensions
-
-
-
12 480
total
-
-
-
41 358
Employee
78 206
-
89 907
-
pensions
3 128
-
3 596
-
national
14 969
-
17 496
-
municipal
9 660
-
11 291
-
total
27 757
-
32 383
-
Employer
78 206
-
89 907
-
pensions
6 256
-
7 193
-
social contributions
841
-
966
-
total
7 097
-
8 159
-
Corporate
13 536
104 000
-
-
income

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

2 707
20 800
-
-
total
2 707
20 800
-
-
Dividends
10 828
83 200
-
-
withholding
2 382
18 304
-
-
total
2 382
18 304
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 943
39 104
40 542
41 358
After tax
64 057
64 896
63 458
62 642
Living cost
50 449
50 449
50 449
50 449
Free-cash
13 608
14 447
13 009
12 193

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34673
₽37776
₽54199
₽62400
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
48 527
Employee
29 214
-
83 809
-
income
5 200
-
16 016
-
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.

3 214
-
9 219
-
surtax
-
-
-
-
total
8 414
-
25 235
-
Employer
29 214
-
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.

7 037
-
20 189
-
surtax
-
-
-
-
total
7 037
-
20 189
-
Corporate
67 749
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%.

13 550
20 800
-
-
total
13 550
20 800
-
-
Dividends

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

54 198
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
29 001
20 800
45 424
48 527
After tax
74 999
83 200
58 576
55 473
Living cost
20 800
20 800
20 800
20 800
Free-cash
54 199
62 400
37 776
34 673

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17128
₽9607
₽2406
₽8533
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
health
-
-
-
12 207
income
-
-
-
21 069
pensions
-
-
-
11 714
total
-
-
-
44 990
Employee
85 378
85 378
88 503
-
income

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

13 975
13 975
13 975
-
pensions
15 368
11 714
11 714
-
health
13 105
11 147
11 325
-
total
42 448
36 836
37 014
-
Employer
85 378
85 378
88 503
-
pensions
5 942
5 942
6 160
-
health
5 935
5 935
6 151
-
unemployment
3 074
3 074
3 186
-
total
14 951
14 951
15 497
-
Corporate
4 719
3 672
-
-
income
943
734
-
-
total
943
734
-
-
Dividends
3 776
2 938
-
-
withholding
567
440
-
-
income
803
624
-
-
total
1 370
1 064
-
-
Income
104 000
104 000
104 000
104 000
Total tax
59 712
53 585
52 511
44 990
After tax
44 288
50 415
51 489
59 010
Living cost
41 882
41 882
41 882
41 882
Free-cash
2 406
8 533
9 607
17 128

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17398
₽17083
₽17466
₽18330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
23 732
health
-
-
-
5 259
national
-
-
-
2
pensions
-
-
-
9 110
total
-
-
-
48 148
Employee
54 793
-
79 136
-
national
-
-
-
-
municipal
16 339
-
23 598
-
total
16 339
-
23 598
-
Employer
54 793
-
79 136
-
pensions
5 923
-
8 555
-
other
6 367
-
9 196
-
accident
110
-
158
-
health
3 370
-
4 867
-
unemployment
1 447
-
2 089
-
total
17 217
-
24 865
-
Corporate
31 991
104 000
-
-
income
7 038
22 880
-
-
total
7 038
22 880
-
-
Dividends
24 953
81 120
-
-
withholding
7 486
24 336
-
-
total
7 486
24 336
-
-
Income
104 000
104 000
104 000
104 000
Total tax
48 080
47 216
48 463
48 148
After tax
55 920
56 784
55 537
55 852
Living cost
38 454
38 454
38 454
38 454
Free-cash
17 466
18 330
17 083
17 398

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24786
₽34248
₽26810
₽12763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 462
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.

-
-
-
6 830
income

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

-
-
-
22 413
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.

-
-
-
1 233
total
-
-
-
39 938
Employee

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

50 701
-
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.

239
-
1 233
-
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.

4 356
-
22 413
-
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.

6 830
-
6 830
-
total
11 425
-
30 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 299
104 000
-
-
trade
8 767
17 108
-
-
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.

440
858
-
-
income
7 995
15 599
-
-
chamber of commerce
228
300
-
-
total
17 430
33 865
-
-
Dividends
35 869
70 135
-
-
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.

472
943
-
-
withholding
8 587
17 153
-
-
total
9 059
18 096
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 914
51 961
30 476
39 938
After tax
66 086
52 039
73 524
64 062
Living cost
39 276
39 276
39 276
39 276
Free-cash
26 810
12 763
34 248
24 786

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40835
₽40698
₽39529
₽43676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
2 652
income
-
-
-
11 909
total
-
-
-
30 737
Employee
76 879
76 879
94 417
-
income
8 073
7 117
11 850
-
social contributions
3 736
6 381
7 836
-
health
765
1 307
1 605
-
total
12 574
14 805
21 291
-
Employer
76 879
76 879
94 417
-
health
833
1 423
1 747
-
social contributions
3 736
6 381
7 836
-
total
4 569
7 804
9 583
-
Corporate
54 430
19 318
-
-
income
6 804
2 415
-
-
total
6 804
2 415
-
-
Dividends
47 626
16 903
-
-
withholding
8 096
2 872
-
-
total
8 096
2 872
-
-
Income
104 000
104 000
104 000
104 000
Total tax
32 043
27 896
30 874
30 737
After tax
71 957
76 104
73 126
73 263
Living cost
32 428
32 428
32 428
32 428
Free-cash
39 529
43 676
40 698
40 835

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53811
₽42055
₽40719
₽40339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 280
income
-
-
-
12 714
pensions
-
-
-
10 400
total
-
-
-
31 954
Employee

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
87 029
-
income
3 218
1 281
10 639
-
pensions
2 632
1 048
8 703
-
unemployment
395
157
1 305
-
health
1 843
733
6 092
-
total
8 088
3 219
26 739
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
87 029
-
pensions
5 133
2 043
16 971
-
total
5 133
2 043
16 971
-
Corporate
72 544
91 481
-
-
income
6 529
8 233
-
-
total
6 529
8 233
-
-
Dividends
66 015
83 248
-
-
social contributions
12 753
16 114
-
-
withholding
12 543
15 817
-
-
total
25 296
31 931
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 046
45 426
43 710
31 954
After tax
58 954
58 574
60 290
72 046
Living cost
18 235
18 235
18 235
18 235
Free-cash
40 719
40 339
42 055
53 811

Estimated living cost  is ₽18235 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31595
₽35794
₽52840
₽59051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
health
-
-
-
13 520
income
-
-
-
13 936
pensions
-
-
-
20 800
total
-
-
-
48 256
Employee
28 362
-
77 726
-
income
3 193
-
14 987
-
pensions
567
-
1 554
-
unemployment
453
-
1 243
-
total
4 213
-
17 784
-
Employer
28 362
-
77 726
-
pensions
5 673
-
15 546
-
health
3 686
-
10 105
-
unemployment
228
-
622
-
total
9 587
-
26 273
-
Corporate
66 051
104 000
-
-
income
13 211
20 800
-
-
total
13 211
20 800
-
-
Dividends
52 840
83 200
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
27 011
20 800
44 057
48 256
After tax
76 989
83 200
59 943
55 744
Living cost
24 148
24 148
24 148
24 148
Free-cash
52 840
59 051
35 794
31 595

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49438
₽32066
₽5064
-₽13490
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
25 710
pensions
-
-
-
4 145
total
-
-
-
32 648
Employee
34 472
-
89 345
-
income
4 729
-
17 535
-
pensions
3 882
-
7 600
-
health
3 947
-
10 230
-
total
12 558
-
35 365
-
Employer
34 472
-
89 345
-
pensions
5 605
-
10 974
-
accident
575
-
1 492
-
unemployment
845
-
2 189
-
total
7 025
-
14 655
-
Corporate
62 503
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.

56 252
93 600
-
-
total
56 252
93 600
-
-
Dividends
6 250
10 400
-
-
withholding
1 187
1 976
-
-
total
1 187
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 022
95 576
50 020
32 648
After tax
26 978
8 424
53 980
71 352
Living cost
21 914
21 914
21 914
21 914
Free-cash
5 064
-13 490
32 066
49 438

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93949
₽74189
₽88100
₽89789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
104 000
-
income
2 252
-
20 800
-
total
2 252
-
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%.

92 737
104 000
-
-
total
-
-
-
-
Dividends
92 737
104 000
-
-
withholding
4 637
5 200
-
-
total
4 637
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
6 889
5 200
20 800
1 040
After tax
97 111
98 800
83 200
102 960
Living cost
9 011
9 011
9 011
9 011
Free-cash
88 100
89 789
74 189
93 949

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29673
₽34037
₽43017
₽49769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 576
income
-
-
-
13 209
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
total
-
-
-
47 687
Employee
36 301
-
83 067
-
income
6 250
-
14 584
-
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.

2 540
-
5 813
-
unemployment
362
-
831
-
health
508
-
1 163
-
total
9 660
-
22 391
-
Employer
36 301
-
83 067
-
pensions

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

6 172
-
14 121
-
other
1 816
-
4 153
-
accident
290
-
664
-
health
508
-
1 163
-
unemployment
362
-
831
-
total
9 148
-
20 932
-
Corporate
58 550
104 000
-
-
income
12 296
21 840
-
-
total
12 296
21 840
-
-
Dividends
46 254
82 160
-
-
withholding
3 239
5 751
-
-
total
3 239
5 751
-
-
Income
104 000
104 000
104 000
104 000
Total tax
34 343
27 591
43 323
47 687
After tax
69 657
76 409
60 677
56 313
Living cost
26 640
26 640
26 640
26 640
Free-cash
43 017
49 769
34 037
29 673

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7196
-₽2236
-₽4215
₽8701
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 953
pensions
-
-
-
7 585
total
-
-
-
29 538
Employee
95 171
-
91 527
-
income
17 156
-
16 259
-
pensions
9 181
-
8 745
-
health
1 568
-
1 493
-
total
27 905
-
26 497
-
Employer
95 171
-
91 527
-
pensions
11 237
-
10 734
-
health
1 807
-
1 739
-
total
13 044
-
12 473
-
Corporate
-
104 000
-
-
income

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

-
19 761
-
-
total
-
19 761
-
-
Dividends
-
84 239
-
-
withholding
-
8 272
-
-
total
-
8 272
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 949
28 033
38 970
29 538
After tax
63 051
75 967
65 030
74 462
Living cost
67 266
67 266
67 266
67 266
Free-cash
-4 215
8 701
-2 236
7 196

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65962
₽69263
₽71165
₽75809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 017
income
-
-
-
15 600
pensions

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

-
-
-
5 170
total
-
-
-
24 927
Employee
17 361
-
97 147
-
income
1 736
-
9 715
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
14 773
-
Employer
17 361
-
97 147
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
83 232
104 000
-
-
income
8 323
10 400
-
-
total
8 323
10 400
-
-
Dividends
74 909
93 600
-
-
withholding
3 745
4 680
-
-
total
3 745
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
19 724
15 080
21 626
24 927
After tax
84 276
88 920
82 374
79 073
Living cost
13 111
13 111
13 111
13 111
Free-cash
71 165
75 809
69 263
65 962

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3570
-₽3951
-₽4922
-₽5025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
health
-
-
-
12 207
income
-
-
-
21 069
pensions
-
-
-
11 714
total
-
-
-
44 990
Employee
92 693
85 378
88 503
-
income

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

13 975
13 975
13 975
-
pensions
11 714
11 714
11 714
-
health
11 564
11 147
11 325
-
total
37 253
36 836
37 014
-
Employer
92 693
85 378
88 503
-
pensions
6 451
5 942
6 160
-
health
6 441
5 935
6 151
-
unemployment
3 337
3 074
3 186
-
total
16 229
14 951
15 497
-
Corporate
-
3 672
-
-
income
-
734
-
-
total
-
734
-
-
Dividends
-
2 938
-
-
withholding
-
440
-
-
income
-
624
-
-
total
-
1 064
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 482
53 585
52 511
44 990
After tax
50 518
50 415
51 489
59 010
Living cost
55 440
55 440
55 440
55 440
Free-cash
-4 922
-5 025
-3 951
3 570

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
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.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26640
₽28763
₽39025
₽47591
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 040
income
-
-
-
8 939
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
35 313
-
77 612
-
income
4 238
-
9 313
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
5 045
-
health
4 767
-
10 478
-
total
11 300
-
24 836
-
Employer
35 313
-
77 612
-
health
3 178
-
6 985
-
social contributions
8 828
-
19 403
-
total
12 006
-
26 388
-
Corporate
56 680
104 000
-
-
income
10 769
19 760
-
-
total
10 769
19 760
-
-
Dividends
45 911
84 240
-
-
withholding
6 887
12 636
-
-
total
6 887
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 962
32 396
51 224
53 347
After tax
63 038
71 604
52 776
50 653
Living cost
24 013
24 013
24 013
24 013
Free-cash
39 025
47 591
28 763
26 640

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10916
₽5969
₽8083
₽13300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 748
municipal
-
-
-
619
national
-
-
-
22 375
regional
-
-
-
1 155
total
-
-
-
50 897
Employee
88 855
-
104 000
-
national
15 396
-
19 212
-
social contributions
29 962
-
35 069
-
municipal
471
-
552
-
regional
838
-
1 011
-
total
46 667
-
55 844
-
Employer
88 855
-
104 000
-
total
-
-
-
-
Corporate
15 145
104 000
-
-
nationa
3 635
24 961
-
-
municipal
590
4 056
-
-
total
4 225
29 017
-
-
Dividends
10 920
74 983
-
-
withholding
2 838
19 496
-
-
total
2 838
19 496
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 730
48 513
55 844
50 897
After tax
50 270
55 487
48 156
53 103
Living cost
42 187
42 187
42 187
42 187
Free-cash
8 083
13 300
5 969
10 916

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31030
₽29014
₽40244
₽43355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
228
health
-
-
-
7 384
income
-
-
-
19 999
surtax
-
-
-
2 497
pensions
-
-
-
20 800
total
-
-
-
50 908
Employee
33 062
-
85 915
-
income
5 542
-
18 677
-
pensions
2 205
-
5 730
-
unemployment
2 301
-
5 980
-
health
844
-
2 191
-
other
-
-
-
-
surtax
108
-
2 263
-
total
11 000
-
34 841
-
Employer
33 062
-
85 915
-
pensions
4 407
-
11 452
-
other
-
-
-
-
health
1 505
-
3 908
-
unemployment
1 047
-
2 723
-
total
6 959
-
18 083
-
Corporate
63 978
104 000
-
-
income
16 633
27 040
-
-
total
16 633
27 040
-
-
Dividends
47 345
76 960
-
-
withholding
7 102
11 543
-
-
total
7 102
11 543
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 694
38 583
52 924
50 908
After tax
62 306
65 417
51 076
53 092
Living cost
22 062
22 062
22 062
22 062
Free-cash
40 244
43 355
29 014
31 030

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28508
₽19076
₽24054
₽30013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 953
pensions
-
-
-
7 585
total
-
-
-
29 538
Employee
63 781
-
91 527
-
income
11 487
-
16 259
-
pensions
5 414
-
8 745
-
health
926
-
1 493
-
total
17 827
-
26 497
-
Employer
63 781
-
91 527
-
pensions
6 904
-
10 734
-
health
1 212
-
1 739
-
total
8 116
-
12 473
-
Corporate
32 103
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.

6 100
19 761
-
-
total
6 100
19 761
-
-
Dividends
26 003
84 239
-
-
withholding
1 949
8 272
-
-
total
1 949
8 272
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 992
28 033
38 970
29 538
After tax
70 008
75 967
65 030
74 462
Living cost
45 954
45 954
45 954
45 954
Free-cash
24 054
30 013
19 076
28 508

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10995
₽5841
₽4319
-₽28017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
other

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

-
-
-
2 081
health
-
-
-
247
city
-
-
-
1 097
national
-
-
-
734
regional
-
-
-
3 705
pensions
-
-
-
9 567
total
-
-
-
17 431
Employee
88 441
-
93 084
-
pensions
7 430
-
7 818
-
national
419
-
520
-
unemployment
-
-
-
-
city
949
-
1 000
-
health
200
-
210
-
regional
2 896
-
3 148
-
total
11 894
-
12 696
-
Employer
88 441
-
93 084
-
pensions
7 430
-
7 818
-
other

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

1 768
-
1 861
-
health
200
-
210
-
unemployment
-
-
-
-
total
9 398
-
9 889
-
Corporate
5 188
104 000
-
-
regional
1 097
21 996
-
-
national
441
8 839
-
-
total
1 538
30 835
-
-
Dividends
3 651
73 165
-
-
withholding
1 277
25 608
-
-
total
1 277
25 608
-
-
Income
104 000
104 000
104 000
104 000
Total tax
24 107
56 443
22 585
17 431
After tax
79 893
47 557
81 415
86 569
Living cost
75 574
75 574
75 574
75 574
Free-cash
4 319
-28 017
5 841
10 995

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17859
₽27723
₽21914
₽5702
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 864
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.

-
-
-
6 830
income

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

-
-
-
22 413
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.

-
-
-
1 233
total
-
-
-
40 340
Employee

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

60 085
-
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.

389
-
1 233
-
income

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

7 065
-
22 413
-
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.

6 830
-
6 830
-
total
14 284
-
30 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 915
104 000
-
-
trade
7 532
17 836
-
-
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.

362
858
-
-
income
6 587
15 599
-
-
chamber of commerce
214
298
-
-
total
14 695
34 591
-
-
Dividends
29 218
69 409
-
-
surtax

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

381
933
-
-
withholding
6 925
16 973
-
-
total
7 306
17 906
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 285
52 497
30 476
40 340
After tax
67 715
51 503
73 524
63 660
Living cost
45 801
45 801
45 801
45 801
Free-cash
21 914
5 702
27 723
17 859

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25563
₽30825
₽24116
₽18211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 229
social contributions
-
-
-
2 964
health
-
-
-
2 148
income
-
-
-
10 472
surtax
-
-
-
-
pensions
-
-
-
25 418
total
-
-
-
44 231
Employee
42 789
-
84 257
-
income
2 525
-
12 687
-
pensions
4 838
-
4 138
-
social contributions
1 220
-
2 400
-
surtax
-
-
-
-
total
8 583
-
19 225
-
Employer
42 789
-
84 257
-
pensions
7 029
-
7 273
-
other
1 476
-
2 907
-
health
2 996
-
5 899
-
unemployment
1 732
-
3 413
-
social contributions
129
-
252
-
total
13 362
-
19 744
-
Corporate
47 848
104 000
-
-
surtax
-
-
-
-
income
13 397
29 119
-
-
total
13 397
29 119
-
-
Dividends
34 451
74 881
-
-
surtax
-
-
-
-
social contributions
5 927
12 879
-
-
withholding
4 409
9 585
-
-
total
10 336
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 678
51 583
38 969
44 231
After tax
58 322
52 417
65 031
59 769
Living cost
34 206
34 206
34 206
34 206
Free-cash
24 116
18 211
30 825
25 563

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28952
₽34214
₽27156
₽21600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 229
social contributions
-
-
-
2 964
health
-
-
-
2 148
income
-
-
-
10 472
surtax
-
-
-
-
pensions
-
-
-
25 418
total
-
-
-
44 231
Employee
38 195
-
84 257
-
income
1 969
-
12 687
-
pensions
4 320
-
4 138
-
social contributions
1 089
-
2 400
-
surtax
-
-
-
-
total
7 378
-
19 225
-
Employer
38 195
-
84 257
-
pensions
6 276
-
7 273
-
other
1 319
-
2 907
-
health
2 673
-
5 899
-
unemployment
1 546
-
3 413
-
social contributions
114
-
252
-
total
11 928
-
19 744
-
Corporate
53 876
104 000
-
-
surtax
-
-
-
-
income
15 085
29 119
-
-
total
15 085
29 119
-
-
Dividends
38 791
74 881
-
-
surtax
-
-
-
-
social contributions
6 671
12 879
-
-
withholding
4 965
9 585
-
-
total
11 636
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 027
51 583
38 969
44 231
After tax
57 973
52 417
65 031
59 769
Living cost
30 817
30 817
30 817
30 817
Free-cash
27 156
21 600
34 214
28 952

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45589
₽45562
₽42770
₽42249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 259
income
-
-
-
15 599
total
-
-
-
37 211
Employee
33 899
-
104 000
-
income
5 654
-
15 626
-
social contributions
4 679
-
14 353
-
health
2 366
-
7 259
-
total
12 699
-
37 238
-
Employer
33 899
-
104 000
-
total
-
-
-
-
Corporate
70 101
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%.

3 504
5 200
-
-
total
3 504
5 200
-
-
Dividends
66 597
98 800
-
-
social contributions
9 190
13 634
-
-
health
4 648
6 897
-
-
withholding
9 989
14 820
-
-
total
23 827
35 351
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 030
40 551
37 238
37 211
After tax
63 970
63 449
66 762
66 789
Living cost
21 200
21 200
21 200
21 200
Free-cash
42 770
42 249
45 562
45 589

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17101
-₽4189
₽21455
₽23006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
416
unemployment
-
-
-
6 132
health
-
-
-
7 955
income
-
-
-
17 730
surtax
-
-
-
197
pensions
-
-
-
19 240
total
-
-
-
51 670
Employee
49 965
39 843
80 603
-
income
5 688
2 939
15 770
-
pensions
5 117
4 079
8 253
-
unemployment
1 499
1 195
2 417
-
health
1 933
1 542
3 119
-
other
499
398
806
-
total
14 736
10 153
30 365
-
Employer
49 965
39 843
80 603
-
pensions
6 271
5 001
10 116
-
other
2 373
1 892
3 829
-
accident
649
518
1 047
-
health
1 888
1 506
3 047
-
payroll
1 499
1 195
2 417
-
chamber of commerce
199
159
323
-
unemployment
1 499
1 195
2 417
-
surtax
197
197
197
-
total
14 575
11 663
23 393
-
Corporate
39 460
52 493
76 812
-
income

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

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

9 866
13 123
19 202
-
total
9 866
13 123
19 202
-
Dividends
29 594
39 369
-
-
withholding
8 139
10 826
-
-
total
8 139
10 826
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 316
45 765
72 960
51 670
After tax
56 684
58 235
31 040
52 330
Living cost
35 229
35 229
35 229
35 229
Free-cash
21 455
23 006
-4 189
17 101

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11900
₽3849
₽6864
₽21859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 442
communal

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

-
-
-
5 254
national
-
-
-
33 950
total
-
-
-
55 646
Employee

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

71 515
-
80 552
-
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.

5 364
-
6 041
-
national
21 987
-
25 521
-
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.

622
-
700
-
communal

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

3 730
-
4 201
-
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.

3 360
-
3 785
-
total
35 063
-
40 248
-
Employer

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

71 515
-
80 552
-
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.

6 337
-
7 138
-
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.

930
-
1 047
-
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.

4 398
-
4 954
-
unemployment

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

1 044
-
1 176
-
surtax
8 109
-
9 134
-
total
20 818
-
23 449
-
Corporate
11 668
104 000
-
-
surtax
47
416
-
-
income
2 334
20 800
-
-
total
2 381
21 216
-
-
Dividends
9 287
82 785
-
-
withholding

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

2 421
24 471
-
-
total
2 421
24 471
-
-
Income
104 000
104 000
104 000
104 000
Total tax
60 683
45 687
63 697
55 646
After tax
43 317
58 313
40 303
48 354
Living cost
36 454
36 454
36 454
36 454
Free-cash
6 864
21 859
3 849
11 900

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20055
₽18578
₽25991
₽33958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 038
pensions
-
-
-
26 224
total
-
-
-
47 839
Employee
49 767
-
78 861
-
income
10 501
-
19 169
-
pensions
2 339
-
3 707
-
unemployment
772
-
1 222
-
other
49
-
80
-
total
13 661
-
24 178
-
Employer
49 767
-
78 861
-
pensions
11 744
-
18 610
-
other
397
-
630
-
accident
985
-
1 561
-
unemployment
2 738
-
4 337
-
total
15 864
-
25 138
-
Corporate
38 370
104 000
-
-
income

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

5 756
15 599
-
-
total
5 756
15 599
-
-
Dividends
32 614
88 401
-
-
withholding
6 622
18 337
-
-
total
6 622
18 337
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 903
33 936
49 316
47 839
After tax
62 097
70 064
54 684
56 161
Living cost
36 106
36 106
36 106
36 106
Free-cash
25 991
33 958
18 578
20 055

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
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.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4664
₽9207
₽2188
₽9184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
accident
-
-
-
877
health
-
-
-
7 308
income
-
-
-
9 504
communal
-
-
-
6 572
surtax
-
-
-
5 155
pensions
-
-
-
15 588
total
-
-
-
45 004
Employee
75 713
-
92 899
-
income
7 313
-
12 099
-
pensions
6 056
-
7 432
-
health
3 370
-
4 134
-
surtax
4 641
-
5 694
-
total
21 380
-
29 359
-
Employer
75 713
-
92 899
-
pensions
6 056
-
7 432
-
accident
681
-
837
-
health
2 309
-
2 833
-
total
9 046
-
11 102
-
Corporate
19 241
104 000
-
-
communal
-
7 020
-
-
surtax
201
1 093
-
-
income
2 886
15 599
-
-
total
3 087
23 712
-
-
Dividends
16 154
80 288
-
-
withholding
2 423
12 044
-
-
income
11 544
4 728
-
-
total
13 967
16 772
-
-
Income
104 000
104 000
104 000
104 000
Total tax
47 480
40 484
40 461
45 004
After tax
56 520
63 516
63 539
58 996
Living cost
54 332
54 332
54 332
54 332
Free-cash
2 188
9 184
9 207
4 664

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30636
₽28620
₽39780
₽42961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
228
health
-
-
-
7 384
income
-
-
-
19 999
surtax
-
-
-
2 497
pensions
-
-
-
20 800
total
-
-
-
50 908
Employee
33 669
-
85 915
-
income
5 644
-
18 677
-
pensions
2 246
-
5 730
-
unemployment
2 343
-
5 980
-
health
859
-
2 191
-
other
-
-
-
-
surtax
120
-
2 263
-
total
11 212
-
34 841
-
Employer
33 669
-
85 915
-
pensions
4 489
-
11 452
-
other
-
-
-
-
health
1 531
-
3 908
-
unemployment
1 068
-
2 723
-
total
7 088
-
18 083
-
Corporate
63 243
104 000
-
-
income
16 444
27 040
-
-
total
16 444
27 040
-
-
Dividends
46 799
76 960
-
-
withholding
7 020
11 543
-
-
total
7 020
11 543
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 764
38 583
52 924
50 908
After tax
62 236
65 417
51 076
53 092
Living cost
22 456
22 456
22 456
22 456
Free-cash
39 780
42 961
28 620
30 636

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25758
₽20836
₽25513
₽27733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 748
municipal
-
-
-
619
national
-
-
-
22 375
regional
-
-
-
1 568
total
-
-
-
51 310
Employee
55 460
-
104 000
-
national
8 786
-
19 212
-
social contributions
18 701
-
35 069
-
municipal
294
-
552
-
regional
747
-
1 399
-
total
28 528
-
56 232
-
Employer
55 460
-
104 000
-
total
-
-
-
-
Corporate
48 540
104 000
-
-
nationa
11 649
24 961
-
-
municipal
2 413
5 168
-
-
total
14 062
30 129
-
-
Dividends
34 478
73 871
-
-
withholding
8 965
19 206
-
-
total
8 965
19 206
-
-
Income
104 000
104 000
104 000
104 000
Total tax
51 555
49 335
56 232
51 310
After tax
52 445
54 665
47 768
52 690
Living cost
26 932
26 932
26 932
26 932
Free-cash
25 513
27 733
20 836
25 758

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21063
₽23186
₽31458
₽42014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 040
income
-
-
-
8 939
solidarity contribution
-
-
-
-
total
-
-
-
53 347
Employee
43 515
-
77 612
-
income
5 222
-
9 313
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
5 045
-
health
5 875
-
10 478
-
total
13 925
-
24 836
-
Employer
43 515
-
77 612
-
health
3 916
-
6 985
-
social contributions
10 879
-
19 403
-
total
14 795
-
26 388
-
Corporate
45 690
104 000
-
-
income
8 681
19 760
-
-
total
8 681
19 760
-
-
Dividends
37 009
84 240
-
-
withholding
5 551
12 636
-
-
total
5 551
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
42 952
32 396
51 224
53 347
After tax
61 048
71 604
52 776
50 653
Living cost
29 590
29 590
29 590
29 590
Free-cash
31 458
42 014
23 186
21 063

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20630
-₽828
₽25948
₽26443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
416
unemployment
-
-
-
6 132
health
-
-
-
7 955
income
-
-
-
17 730
surtax
-
-
-
-
pensions
-
-
-
19 240
total
-
-
-
51 473
Employee
43 704
39 843
80 758
-
income
3 893
2 939
15 823
-
pensions
4 476
4 079
8 270
-
unemployment
1 311
1 195
2 423
-
health
1 690
1 542
3 125
-
other
436
398
808
-
total
11 806
10 153
30 449
-
Employer
43 704
39 843
80 758
-
pensions
5 485
5 001
10 135
-
other
2 076
1 892
3 836
-
accident
567
518
1 049
-
health
1 653
1 506
3 053
-
payroll
1 311
1 195
2 423
-
chamber of commerce
175
159
323
-
unemployment
1 311
1 195
2 423
-
surtax
-
-
-
-
total
12 578
11 466
23 242
-
Corporate
47 719
52 690
76 964
-
income

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

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

11 930
13 173
19 240
-
total
11 930
13 173
19 240
-
Dividends
35 789
39 517
-
-
withholding
9 841
10 868
-
-
total
9 841
10 868
-
-
Income
104 000
104 000
104 000
104 000
Total tax
46 155
45 660
72 931
51 473
After tax
57 845
58 340
31 069
52 527
Living cost
31 897
31 897
31 897
31 897
Free-cash
25 948
26 443
-828
20 630

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88918
₽69158
₽82124
₽84758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
104 000
-
income
3 511
-
20 800
-
total
3 511
-
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%.

86 448
104 000
-
-
total
-
-
-
-
Dividends
86 448
104 000
-
-
withholding
4 323
5 200
-
-
total
4 323
5 200
-
-
Income
104 000
104 000
104 000
104 000
Total tax
7 834
5 200
20 800
1 040
After tax
96 166
98 800
83 200
102 960
Living cost
14 042
14 042
14 042
14 042
Free-cash
82 124
84 758
69 158
88 918

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26813
₽23834
₽36424
₽44787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 234
income
-
-
-
20 987
pensions
-
-
-
18 994
total
-
-
-
50 371
Employee

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

44 211
-
89 990
-
income
7 624
-
19 452
-
pensions
6 853
-
13 949
-
unemployment
63
-
125
-
health
2 855
-
5 813
-
total
17 395
-
39 339
-
Employer

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

44 211
-
89 990
-
pensions
3 912
-
7 965
-
health
2 945
-
5 992
-
unemployment
27
-
53
-
total
6 884
-
14 010
-
Corporate
52 906
104 000
-
-
income
10 052
19 760
-
-
total
10 052
19 760
-
-
Dividends
42 854
84 240
-
-
withholding
6 428
12 636
-
-
total
6 428
12 636
-
-
Income
104 000
104 000
104 000
104 000
Total tax
40 759
32 396
53 349
50 371
After tax
63 241
71 604
50 651
53 629
Living cost
26 816
26 816
26 816
26 816
Free-cash
36 424
44 787
23 834
26 813

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28823
₽47826
-₽44762
₽20225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
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
105 713
40 726
13 125
32 128
After tax
-1 713
63 274
90 875
71 872
Living cost
43 049
43 049
43 049
43 049
Free-cash
-44 762
20 225
47 826
28 823

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
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.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26608
₽21080
₽26788
₽27795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
social contributions

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

-
-
-
36 139
income
-
-
-
9 893
surtax
-
-
-
-
total
-
-
-
46 032
Employee
45 982
-
84 041
-
income
9 564
-
22 357
-
social contributions
5 058
-
9 244
-
surtax
-
-
-
-
total
14 622
-
31 601
-
Employer
45 982
-
84 041
-
social contributions
10 921
-
19 959
-
total
10 921
-
19 959
-
Corporate
47 097
104 000
-
-
surtax
-
-
-
-
income
9 891
21 840
-
-
total
9 891
21 840
-
-
Dividends
37 206
82 160
-
-
withholding
10 418
23 005
-
-
total
10 418
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 852
44 845
51 560
46 032
After tax
58 148
59 155
52 440
57 968
Living cost
31 360
31 360
31 360
31 360
Free-cash
26 788
27 795
21 080
26 608

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11481
₽16743
₽11000
₽4129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 229
social contributions
-
-
-
2 964
health
-
-
-
2 148
income
-
-
-
10 472
surtax
-
-
-
-
pensions
-
-
-
25 418
total
-
-
-
44 231
Employee
62 618
-
84 257
-
income
5 464
-
12 687
-
pensions
7 083
-
4 138
-
social contributions
1 783
-
2 400
-
surtax
-
-
-
-
total
14 330
-
19 225
-
Employer
62 618
-
84 257
-
pensions
10 289
-
7 273
-
other
2 161
-
2 907
-
health
4 383
-
5 899
-
unemployment
2 537
-
3 413
-
social contributions
188
-
252
-
total
19 558
-
19 744
-
Corporate
21 824
104 000
-
-
surtax
-
-
-
-
income
6 111
29 119
-
-
total
6 111
29 119
-
-
Dividends
15 713
74 881
-
-
surtax
-
-
-
-
social contributions
2 702
12 879
-
-
withholding
2 011
9 585
-
-
total
4 713
22 464
-
-
Income
104 000
104 000
104 000
104 000
Total tax
44 712
51 583
38 969
44 231
After tax
59 288
52 417
65 031
59 769
Living cost
48 288
48 288
48 288
48 288
Free-cash
11 000
4 129
16 743
11 481

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49025
₽51791
₽60188
₽63546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 881
income
-
-
-
2 041
total
-
-
-
24 922
Employee
32 142
-
90 044
-
social contributions
2 089
-
5 853
-
income
-
-
2 347
-
total
2 089
-
8 200
-
Employer
32 142
-
90 044
-
social contributions
4 982
-
13 956
-
total
4 982
-
13 956
-
Corporate
66 876
104 000
-
-
income
6 688
10 401
-
-
total
6 688
10 401
-
-
Dividends
60 188
93 599
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
13 759
10 401
22 156
24 922
After tax
90 241
93 599
81 844
79 078
Living cost
30 053
30 053
30 053
30 053
Free-cash
60 188
63 546
51 791
49 025

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16100
-₽113925
-₽113925
-₽113925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
municipal
-
-
-
19 520
national
-
-
-
11 091
labour market
-
-
-
8 251
pensions
-
-
-
867
total
-
-
-
39 729
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 000
104 000
104 000
104 000
Total tax
169 754
169 754
169 754
39 729
After tax
-65 754
-65 754
-65 754
64 271
Living cost
48 171
48 171
48 171
48 171
Free-cash
-113 925
-113 925
-113 925
16 100

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49761
₽32389
₽5113
-₽13167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
25 710
pensions
-
-
-
4 145
total
-
-
-
32 648
Employee
33 964
-
89 345
-
income
4 659
-
17 535
-
pensions
3 825
-
7 600
-
health
3 889
-
10 230
-
total
12 373
-
35 365
-
Employer
33 964
-
89 345
-
pensions
5 522
-
10 974
-
accident
567
-
1 492
-
unemployment
832
-
2 189
-
total
6 921
-
14 655
-
Corporate
63 114
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.

56 803
93 600
-
-
total
56 803
93 600
-
-
Dividends
6 312
10 400
-
-
withholding
1 199
1 976
-
-
total
1 199
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
77 296
95 576
50 020
32 648
After tax
26 704
8 424
53 980
71 352
Living cost
21 591
21 591
21 591
21 591
Free-cash
5 113
-13 167
32 389
49 761

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35017
₽20627
₽28700
₽30459
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 506
health
-
-
-
1 184
national
-
-
-
10 909
total
-
-
-
30 599
Employee
52 601
-
87 490
-
pensions
3 550
-
5 906
-
national
869
-
6 049
-
municipal
8 616
-
14 281
-
unemployment
789
-
1 313
-
health
393
-
930
-
total
14 217
-
28 479
-
Employer
52 601
-
87 490
-
pensions
9 126
-
15 180
-
accident
53
-
87
-
health
404
-
674
-
unemployment
342
-
569
-
total
9 925
-
16 510
-
Corporate
41 475
104 000
-
-
income
8 295
20 800
-
-
total
8 295
20 800
-
-
Dividends

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

24 885
62 400
-
-
municipal
4 479
11 232
-
-
national
-
3 125
-
-
total
4 479
14 357
-
-
Income
104 000
104 000
104 000
104 000
Total tax
36 916
35 157
44 989
30 599
After tax
67 084
68 843
59 011
73 401
Living cost
38 384
38 384
38 384
38 384
Free-cash
28 700
30 459
20 627
35 017

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50115
₽49978
₽47514
₽52956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 176
health
-
-
-
2 652
income
-
-
-
11 909
total
-
-
-
30 737
Employee
76 879
76 879
94 417
-
income
8 371
7 117
11 850
-
social contributions
2 907
6 381
7 836
-
health
596
1 307
1 605
-
total
11 874
14 805
21 291
-
Employer
76 879
76 879
94 417
-
health
647
1 423
1 747
-
social contributions
2 907
6 381
7 836
-
total
3 554
7 804
9 583
-
Corporate
65 425
19 318
-
-
income
8 177
2 415
-
-
total
8 177
2 415
-
-
Dividends
57 248
16 903
-
-
withholding
9 733
2 872
-
-
total
9 733
2 872
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 338
27 896
30 874
30 737
After tax
70 662
76 104
73 126
73 263
Living cost
23 148
23 148
23 148
23 148
Free-cash
47 514
52 956
49 978
50 115

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68134
₽48258
₽65160
₽70250
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
104 000
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
9 986
pensions
-
-
-
6 360
total
-
-
-
19 992
Employee

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

22 948
-
94 290
-
income
1 569
-
7 529
-
pensions
3 442
-
14 144
-
unemployment
114
-
471
-
health
1 950
-
8 014
-
total
7 075
-
30 158
-
Employer

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

22 948
-
94 290
-
pensions
1 262
-
5 185
-
health
987
-
4 054
-
unemployment
114
-
471
-
total
2 363
-
9 710
-
Corporate
78 689
104 000
-
-
income
7 083
9 359
-
-
total
7 083
9 359
-
-
Dividends
71 607
94 641
-
-
withholding
6 445
8 517
-
-
total
6 445
8 517
-
-
Income
104 000
104 000
104 000
104 000
Total tax
22 966
17 876
39 868
19 992
After tax
81 034
86 124
64 132
84 008
Living cost
15 874
15 874
15 874
15 874
Free-cash
65 160
70 250
48 258
68 134

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28668
₽27191
₽37326
₽42571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 038
pensions
-
-
-
26 224
total
-
-
-
47 839
Employee
36 968
-
78 861
-
income
7 127
-
19 169
-
pensions
1 738
-
3 707
-
unemployment
573
-
1 222
-
other
36
-
80
-
total
9 474
-
24 178
-
Employer
36 968
-
78 861
-
pensions
8 724
-
18 610
-
other
296
-
630
-
accident
732
-
1 561
-
unemployment
2 034
-
4 337
-
total
11 786
-
25 138
-
Corporate
55 246
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.

8 287
15 599
-
-
total
8 287
15 599
-
-
Dividends
46 959
88 401
-
-
withholding
9 634
18 337
-
-
total
9 634
18 337
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 181
33 936
49 316
47 839
After tax
64 819
70 064
54 684
56 161
Living cost
27 493
27 493
27 493
27 493
Free-cash
37 326
42 571
27 191
28 668

Estimated living cost  is ₽27493 per week

₽18557
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.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63254
₽63058
₽61708
₽62158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
health
-
-
-
1 448
income
-
-
-
34 563
pensions
-
-
-
1 997
total
-
-
-
38 008
Employee
4 171
-
101 753
-
income
807
-
34 458
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
35 956
-
Employer
4 171
-
101 753
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
98 891
104 000
-
-
income
21 756
22 880
-
-
total
21 756
22 880
-
-
Dividends
77 135
81 120
-
-
withholding
15 427
16 224
-
-
total
15 427
16 224
-
-
Income
104 000
104 000
104 000
104 000
Total tax
39 554
39 104
38 204
38 008
After tax
64 446
64 896
65 796
65 992
Living cost
2 738
2 738
2 738
2 738
Free-cash
61 708
62 158
63 058
63 254

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38211
₽38211
₽52927
₽57847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
20 562
pensions
-
-
-
19 214
total
-
-
-
48 496
Employee

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

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

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

26 076
-
90 772
-
income
3 594
-
20 562
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
35 268
-
Employer

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

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

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

26 076
-
90 772
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
73 256
104 000
-
-
income
10 988
15 600
-
-
total
10 988
15 600
-
-
Dividends
62 268
88 400
-
-
withholding
9 340
13 260
-
-
total
9 340
13 260
-
-
Income
104 000
104 000
104 000
104 000
Total tax
33 780
28 860
48 496
48 496
After tax
70 220
75 140
55 504
55 504
Living cost
17 293
17 293
17 293
17 293
Free-cash
52 927
57 847
38 211
38 211

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
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.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31014
₽25486
₽31840
₽32202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
social contributions

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

-
-
-
36 139
income
-
-
-
9 893
surtax
-
-
-
-
total
-
-
-
46 032
Employee
38 804
-
84 041
-
income
7 582
-
22 357
-
social contributions
4 269
-
9 244
-
surtax
-
-
-
-
total
11 851
-
31 601
-
Employer
38 804
-
84 041
-
social contributions
9 215
-
19 959
-
total
9 215
-
19 959
-
Corporate
55 981
104 000
-
-
surtax
-
-
-
-
income
11 756
21 840
-
-
total
11 756
21 840
-
-
Dividends
44 225
82 160
-
-
withholding
12 384
23 005
-
-
total
12 384
23 005
-
-
Income
104 000
104 000
104 000
104 000
Total tax
45 206
44 845
51 560
46 032
After tax
58 794
59 155
52 440
57 968
Living cost
26 954
26 954
26 954
26 954
Free-cash
31 840
32 202
25 486
31 014

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21024
₽19547
₽27302
₽34927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 038
pensions
-
-
-
26 224
total
-
-
-
47 839
Employee
48 285
-
78 861
-
income
10 085
-
19 169
-
pensions
2 269
-
3 707
-
unemployment
748
-
1 222
-
other
47
-
80
-
total
13 149
-
24 178
-
Employer
48 285
-
78 861
-
pensions
11 395
-
18 610
-
other
387
-
630
-
accident
956
-
1 561
-
unemployment
2 656
-
4 337
-
total
15 394
-
25 138
-
Corporate
40 320
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.

6 049
15 599
-
-
total
6 049
15 599
-
-
Dividends
34 272
88 401
-
-
withholding
6 969
18 337
-
-
total
6 969
18 337
-
-
Income
104 000
104 000
104 000
104 000
Total tax
41 561
33 936
49 316
47 839
After tax
62 439
70 064
54 684
56 161
Living cost
35 137
35 137
35 137
35 137
Free-cash
27 302
34 927
19 547
21 024

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61870
₽65171
₽65623
₽71717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
140
health
-
-
-
4 017
income
-
-
-
15 600
pensions

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

-
-
-
5 170
total
-
-
-
24 927
Employee
22 779
-
97 147
-
income
2 278
-
9 715
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
14 773
-
Employer
22 779
-
97 147
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
76 752
104 000
-
-
income
7 675
10 400
-
-
total
7 675
10 400
-
-
Dividends
69 077
93 600
-
-
withholding
3 454
4 680
-
-
total
3 454
4 680
-
-
Income
104 000
104 000
104 000
104 000
Total tax
21 174
15 080
21 626
24 927
After tax
82 826
88 920
82 374
79 073
Living cost
17 203
17 203
17 203
17 203
Free-cash
65 623
71 717
65 171
61 870

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26672
₽34925
₽28122
₽15043
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 253
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.

-
-
-
6 830
income

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

-
-
-
22 413
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.

-
-
-
1 233
total
-
-
-
38 729
Employee

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

49 746
-
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.

226
-
1 233
-
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.

4 091
-
22 413
-
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.

6 830
-
6 830
-
total
11 147
-
30 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 254
104 000
-
-
trade
7 786
14 924
-
-
surtax

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

448
858
-
-
income
8 137
15 599
-
-
chamber of commerce
231
304
-
-
total
16 602
31 685
-
-
Dividends
37 651
72 315
-
-
surtax

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

497
973
-
-
withholding
9 033
17 700
-
-
total
9 530
18 673
-
-
Income
104 000
104 000
104 000
104 000
Total tax
37 279
50 358
30 476
38 729
After tax
66 721
53 642
73 524
65 271
Living cost
38 599
38 599
38 599
38 599
Free-cash
28 122
15 043
34 925
26 672

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
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.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12639
₽12639
₽18057
₽15847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 335
income
-
-
-
25 074
total
-
-
-
34 409
Employee
78 205
-
104 000
-
social contributions
6 497
-
9 335
-
income
14 757
-
25 074
-
total
21 254
-
34 409
-
Employer
78 205
-
104 000
-
total
-
-
-
-
Corporate
25 795
104 000
-
-
income
3 223
13 000
-
-
total
3 223
13 000
-
-
Dividends
22 571
91 000
-
-
withholding
4 514
18 201
-
-
total
4 514
18 201
-
-
Income
104 000
104 000
104 000
104 000
Total tax
28 991
31 201
34 409
34 409
After tax
75 009
72 799
69 591
69 591
Living cost
56 952
56 952
56 952
56 952
Free-cash
18 057
15 847
12 639
12 639

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32572
₽40150
₽29583
₽26027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
104 000
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
99 401
-
social contributions
4 595
-
4 599
-
income
4 977
-
18 360
-
total
9 572
-
22 959
-
Employer
45 864
-
99 401
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
53 541
104 000
-
-
income
18 739
36 399
-
-
total
18 739
36 399
-
-
Dividends
34 801
67 601
-
-
social contributions
5 219
5 282
-
-
total
5 219
5 282
-
-
Income
104 000
104 000
104 000
104 000
Total tax
38 125
41 681
27 558
35 136
After tax
65 875
62 319
76 442
68 864
Living cost
36 292
36 292
36 292
36 292
Free-cash
29 583
26 027
40 150
32 572

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37103
₽27671
₽34887
₽38608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 953
pensions
-
-
-
7 585
total
-
-
-
29 538
Employee
51 281
-
91 527
-
income
9 339
-
16 259
-
pensions
3 914
-
8 745
-
health
669
-
1 493
-
total
13 922
-
26 497
-
Employer
51 281
-
91 527
-
pensions
5 181
-
10 734
-
health
975
-
1 739
-
total
6 156
-
12 473
-
Corporate
46 563
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.

8 847
19 761
-
-
total
8 847
19 761
-
-
Dividends
37 717
84 239
-
-
withholding
2 829
8 272
-
-
total
2 829
8 272
-
-
Income
104 000
104 000
104 000
104 000
Total tax
31 754
28 033
38 970
29 538
After tax
72 246
75 967
65 030
74 462
Living cost
37 359
37 359
37 359
37 359
Free-cash
34 887
38 608
27 671
37 103

Estimated living cost  is ₽37359 per week

₽25628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
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.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽47624
₽30252
₽4785
-₽15304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
25 710
pensions
-
-
-
4 145
total
-
-
-
32 648
Employee
37 326
-
89 345
-
income
5 121
-
17 535
-
pensions
4 203
-
7 600
-
health
4 274
-
10 230
-
total
13 598
-
35 365
-
Employer
37 326
-
89 345
-
pensions
6 069
-
10 974
-
accident
623
-
1 492
-
unemployment
914
-
2 189
-
total
7 606
-
14 655
-
Corporate
59 068
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.

53 161
93 600
-
-
total
53 161
93 600
-
-
Dividends
5 907
10 400
-
-
withholding
1 122
1 976
-
-
total
1 122
1 976
-
-
Income
104 000
104 000
104 000
104 000
Total tax
75 487
95 576
50 020
32 648
After tax
28 513
8 424
53 980
71 352
Living cost
23 728
23 728
23 728
23 728
Free-cash
4 785
-15 304
30 252
47 624

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45842
₽52463
₽70039
₽74015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
104 000
work injury
-
-
-
520
unemployment
-
-
-
1 248
income
-
-
-
16 057
health insurance
-
-
-
7 696
pensions
-
-
-
19 136
total
-
-
-
44 657
Employee

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

21 601
-
104 000
-
income
2 160
-
16 057
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
38 036
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 399
104 000
-
-
income

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

-
1 040
-
-
total
-
1 040
-
-
Dividends
82 399
102 960
-
-
withholding
12 360
15 444
-
-
total
12 360
15 444
-
-
Income
104 000
104 000
104 000
104 000
Total tax
20 460
16 484
38 036
44 657
After tax
83 540
87 516
65 964
59 343
Living cost
13 501
13 501
13 501
13 501
Free-cash
70 039
74 015
52 463
45 842

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽12240
₽7484
₽10404
₽14951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 000
social contributions
-
-
-
26 748
municipal
-
-
-
694
national
-
-
-
22 375
regional
-
-
-
2 114
total
-
-
-
51 931
Employee
84 248
-
104 000
-
national
14 237
-
19 212
-
social contributions
28 408
-
35 069
-
municipal
503
-
620
-
regional
1 272
-
1 786
-
total
44 420
-
56 687
-
Employer
84 248
-
104 000
-
total
-
-
-
-
Corporate
19 752
104 000
-
-
nationa
4 741
24 961
-
-
municipal
952
5 013
-
-
total
5 693
29 974
-
-
Dividends
14 058
74 027
-
-
withholding
3 654
19 246
-
-
total
3 654
19 246
-
-
Income
104 000
104 000
104 000
104 000
Total tax
53 767
49 220
56 687
51 931
After tax
50 233
54 780
47 313
52 069
Living cost
39 829
39 829
39 829
39 829
Free-cash
10 404
14 951
7 484
12 240

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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