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
₽ 105000
per

Your estimated
City
free-cash

Dresden , Germany
₽22338
₽33566
₽34461
₽43565
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
trade
-
-
-
9 104
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.

-
-
-
22 521
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.

-
-
-
6 934
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.

-
-
-
1 238
total
-
-
-
39 797
Employee

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

38 820
-
105 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

60
-
1 238
-
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.

1 084
-
22 521
-
total
8 078
-
30 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 180
105 000
-
-
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.

545
867
-
-
income
9 927
15 749
-
-
trade
10 424
16 537
-
-
chamber of commerce
248
304
-
-
total
21 144
33 457
-
-
Dividends
45 036
71 542
-
-
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.

597
963
-
-
withholding
10 873
17 500
-
-
total
11 470
18 463
-
-
Income
105 000
105 000
105 000
105 000
Total tax
40 692
51 920
30 693
39 797
After tax
64 308
53 080
74 307
65 203
Living cost
30 742
30 742
30 742
30 742
Free-cash
33 566
22 338
43 565
34 461

Estimated living cost  is ₽30742 per week

₽19338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14372
₽13521
₽12109
₽12933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
10 988
pensions
-
-
-
12 600
national
-
-
-
17 026
social contributions
-
-
-
1 129
total
-
-
-
41 743
Employee
79 289
-
90 772
-
municipal
9 793
-
11 394
-
pensions
3 172
-
3 631
-
national
15 176
-
17 656
-
total
28 141
-
32 681
-
Employer
79 289
-
90 772
-
social contributions
852
-
976
-
pensions
6 343
-
7 262
-
total
7 195
-
8 238
-
Corporate
13 283
105 000
-
-
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%.

2 657
21 000
-
-
total
2 657
21 000
-
-
Dividends
10 626
84 000
-
-
withholding
2 338
18 480
-
-
total
2 338
18 480
-
-
Income
105 000
105 000
105 000
105 000
Total tax
40 331
39 480
40 919
41 743
After tax
64 669
65 520
64 081
63 257
Living cost
51 148
51 148
51 148
51 148
Free-cash
13 521
14 372
12 933
12 109

Estimated living cost  is ₽51148 per week

₽34765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽766
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62885
₽54559
₽34898
₽38028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
microenterprise
-
-
-
-
income
-
-
-
15 229
surtax
-
-
-
-
social contributions

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

-
-
-
33 758
total
-
-
-
48 987
Employee
29 657
-
84 617
-
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.

3 263
-
9 309
-
surtax
-
-
-
-
income
5 279
-
16 165
-
total
8 542
-
25 474
-
Employer
29 657
-
84 617
-
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.

7 144
-
20 383
-
surtax
-
-
-
-
total
7 144
-
20 383
-
Corporate
68 199
105 000
-
-
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%.

13 640
21 000
-
-
total
13 640
21 000
-
-
Dividends

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

54 559
84 000
-
-
total
-
-
-
-
Income
105 000
105 000
105 000
105 000
Total tax
29 326
21 000
45 857
48 987
After tax
75 674
84 000
59 143
56 013
Living cost
21 115
21 115
21 115
21 115
Free-cash
54 559
62 885
38 028
34 898

Estimated living cost  is ₽21115 per week

₽13471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8368
₽2149
₽17062
₽9290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
21 169
pensions
-
-
-
11 891
health
-
-
-
12 360
total
-
-
-
45 420
Employee
86 673
86 673
89 355
-
health
13 303
11 316
11 468
-
income

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

14 187
14 187
14 187
-
pensions
15 601
11 891
11 891
-
total
43 091
37 394
37 546
-
Employer
86 673
86 673
89 355
-
unemployment
3 120
3 120
3 217
-
pensions
6 032
6 032
6 219
-
health
6 025
6 025
6 210
-
total
15 177
15 177
15 646
-
Corporate
4 213
3 150
-
-
income
842
630
-
-
total
842
630
-
-
Dividends
3 371
2 520
-
-
income
716
535
-
-
withholding
507
378
-
-
total
1 223
913
-
-
Income
105 000
105 000
105 000
105 000
Total tax
60 333
54 114
53 192
45 420
After tax
44 667
50 886
51 808
59 580
Living cost
42 518
42 518
42 518
42 518
Free-cash
2 149
8 368
9 290
17 062

Estimated living cost  is ₽42518 per week

₽30131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18192
₽17314
₽17113
₽16933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
23 901
accident
-
-
-
171
pensions
-
-
-
9 272
other
-
-
-
9 967
unemployment
-
-
-
86
health
-
-
-
5 352
national
-
-
-
-
total
-
-
-
48 749
Employee
55 768
-
79 897
-
municipal
16 630
-
23 825
-
national
-
-
-
-
total
16 630
-
23 825
-
Employer
55 768
-
79 897
-
accident
112
-
160
-
other
6 480
-
9 284
-
unemployment
1 472
-
2 109
-
pensions
6 028
-
8 637
-
health
3 430
-
4 914
-
total
17 522
-
25 104
-
Corporate
31 710
105 000
-
-
income
6 976
23 100
-
-
total
6 976
23 100
-
-
Dividends
24 734
81 900
-
-
withholding
7 420
24 570
-
-
total
7 420
24 570
-
-
Income
105 000
105 000
105 000
105 000
Total tax
48 548
47 670
48 929
48 749
After tax
56 452
57 330
56 071
56 251
Living cost
39 138
39 138
39 138
39 138
Free-cash
17 314
18 192
16 933
17 113

Estimated living cost  is ₽39138 per week

₽25939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12670
₽26929
₽24925
₽34436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
trade
-
-
-
9 511
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.

-
-
-
22 521
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.

-
-
-
6 934
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.

-
-
-
1 238
total
-
-
-
40 204
Employee

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

51 470
-
105 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

243
-
1 238
-
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.

4 422
-
22 521
-
total
11 599
-
30 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 530
105 000
-
-
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.

441
867
-
-
income
8 030
15 749
-
-
trade
8 806
17 273
-
-
chamber of commerce
231
304
-
-
total
17 508
34 193
-
-
Dividends
36 022
70 807
-
-
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.

474
951
-
-
withholding
8 619
17 315
-
-
total
9 093
18 266
-
-
Income
105 000
105 000
105 000
105 000
Total tax
38 200
52 459
30 693
40 204
After tax
66 800
52 541
74 307
64 796
Living cost
39 871
39 871
39 871
39 871
Free-cash
26 929
12 670
34 436
24 925

Estimated living cost  is ₽39871 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43919
₽39709
₽41090
₽40982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
11 934
health
-
-
-
2 677
social contributions
-
-
-
16 379
total
-
-
-
30 990
Employee
78 045
78 045
95 323
-
social contributions
3 792
6 477
7 912
-
health
776
1 327
1 620
-
income
8 195
7 225
11 890
-
total
12 763
15 029
21 422
-
Employer
78 045
78 045
95 323
-
social contributions
3 792
6 477
7 912
-
health
846
1 445
1 764
-
total
4 638
7 922
9 676
-
Corporate
54 678
19 033
-
-
income
6 836
2 379
-
-
total
6 836
2 379
-
-
Dividends
47 843
16 655
-
-
withholding
8 134
2 831
-
-
total
8 134
2 831
-
-
Income
105 000
105 000
105 000
105 000
Total tax
32 371
28 161
31 098
30 990
After tax
72 629
76 839
73 902
74 010
Living cost
32 920
32 920
32 920
32 920
Free-cash
39 709
43 919
40 982
41 090

Estimated living cost  is ₽32920 per week

₽22504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40660
₽41046
₽54260
₽42389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
12 836
pensions
-
-
-
10 500
unemployment
-
-
-
1 575
health
-
-
-
7 350
total
-
-
-
32 261
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.

26 675
10 616
87 866
-
health
1 867
743
6 151
-
income
3 261
1 298
10 742
-
pensions
2 667
1 062
8 787
-
unemployment
400
159
1 318
-
total
8 195
3 262
26 998
-
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.

26 675
10 616
87 866
-
pensions
5 202
2 070
17 134
-
total
5 202
2 070
17 134
-
Corporate
73 124
92 314
-
-
income
6 581
8 308
-
-
total
6 581
8 308
-
-
Dividends
66 543
84 005
-
-
social contributions
12 854
16 260
-
-
withholding
12 643
15 961
-
-
total
25 497
32 221
-
-
Income
105 000
105 000
105 000
105 000
Total tax
45 475
45 861
44 132
32 261
After tax
59 525
59 139
60 868
72 739
Living cost
18 479
18 479
18 479
18 479
Free-cash
41 046
40 660
42 389
54 260

Estimated living cost  is ₽18479 per week

₽12610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59485
₽53179
₽31765
₽36005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
14 070
pensions
-
-
-
21 000
health
-
-
-
13 650
total
-
-
-
48 720
Employee
28 793
-
78 474
-
income
3 242
-
15 129
-
pensions
576
-
1 570
-
unemployment
460
-
1 256
-
total
4 278
-
17 955
-
Employer
28 793
-
78 474
-
unemployment
231
-
628
-
pensions
5 759
-
15 695
-
health
3 742
-
10 202
-
total
9 732
-
26 525
-
Corporate
66 475
105 000
-
-
income
13 296
21 000
-
-
total
13 296
21 000
-
-
Dividends
53 179
84 000
-
-
total
-
-
-
-
Income
105 000
105 000
105 000
105 000
Total tax
27 306
21 000
44 480
48 720
After tax
77 694
84 000
60 520
56 280
Living cost
24 515
24 515
24 515
24 515
Free-cash
53 179
59 485
36 005
31 765

Estimated living cost  is ₽24515 per week

₽16815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13612
₽5112
₽49921
₽32383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
254
income
-
-
-
25 960
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 962
Employee
34 791
-
90 207
-
health
3 984
-
10 329
-
income
4 773
-
17 708
-
pensions
3 918
-
7 670
-
total
12 675
-
35 707
-
Employer
34 791
-
90 207
-
accident
581
-
1 507
-
unemployment
852
-
2 210
-
pensions
5 657
-
11 076
-
total
7 090
-
14 793
-
Corporate
63 119
105 000
-
-
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.

56 807
94 500
-
-
total
56 807
94 500
-
-
Dividends
6 312
10 500
-
-
withholding
1 199
1 995
-
-
total
1 199
1 995
-
-
Income
105 000
105 000
105 000
105 000
Total tax
77 771
96 495
50 500
32 962
After tax
27 229
8 505
54 500
72 038
Living cost
22 117
22 117
22 117
22 117
Free-cash
5 112
-13 612
32 383
49 921

Estimated living cost  is ₽22117 per week

₽16210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90490
₽88754
₽94690
₽74740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
105 000
microenterprise

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

-
-
-
1 050
total
-
-
-
1 050
Employee
11 575
-
105 000
-
income
2 315
-
21 000
-
total
2 315
-
21 000
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

93 425
105 000
-
-
total
-
-
-
-
Dividends
93 425
105 000
-
-
withholding
4 671
5 250
-
-
total
4 671
5 250
-
-
Income
105 000
105 000
105 000
105 000
Total tax
6 986
5 250
21 000
1 050
After tax
98 014
99 750
84 000
103 950
Living cost
9 260
9 260
9 260
9 260
Free-cash
88 754
90 490
74 740
94 690

Estimated living cost  is ₽9260 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50099
₽43246
₽29811
₽34237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
13 336
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.

-
-
-
25 201
other
-
-
-
4 987
health
-
-
-
4 621
total
-
-
-
48 145
Employee
36 852
-
83 867
-
health
516
-
1 175
-
income
6 344
-
14 702
-
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.

2 579
-
5 871
-
unemployment
368
-
838
-
total
9 807
-
22 586
-
Employer
36 852
-
83 867
-
accident
295
-
670
-
other
1 843
-
4 193
-
unemployment
368
-
838
-
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.

6 265
-
14 257
-
health
516
-
1 175
-
total
9 287
-
21 133
-
Corporate
58 861
105 000
-
-
income
12 361
22 050
-
-
total
12 361
22 050
-
-
Dividends
46 499
82 950
-
-
withholding
3 255
5 807
-
-
total
3 255
5 807
-
-
Income
105 000
105 000
105 000
105 000
Total tax
34 710
27 857
43 719
48 145
After tax
70 290
77 143
61 281
56 855
Living cost
27 044
27 044
27 044
27 044
Free-cash
43 246
50 099
34 237
29 811

Estimated living cost  is ₽27044 per week

₽19108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8372
-₽5183
₽6803
-₽2806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
22 003
pensions
-
-
-
7 705
total
-
-
-
29 708
Employee
96 902
-
92 420
-
health
1 597
-
1 504
-
income
17 468
-
16 421
-
pensions
9 348
-
8 812
-
total
28 413
-
26 737
-
Employer
96 902
-
92 420
-
pensions
11 441
-
10 823
-
health
1 840
-
1 757
-
total
13 281
-
12 580
-
Corporate
-
105 000
-
-
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.

-
19 951
-
-
total
-
19 951
-
-
Dividends
-
85 049
-
-
withholding
-
8 188
-
-
total
-
8 188
-
-
Income
105 000
105 000
105 000
105 000
Total tax
41 694
28 139
39 317
29 708
After tax
63 306
76 861
65 683
75 292
Living cost
68 489
68 489
68 489
68 489
Free-cash
-5 183
8 372
-2 806
6 803

Estimated living cost  is ₽68489 per week

₽51320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽76462
₽71745
₽66467
₽69790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
15 750
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
25 220
Employee
17 628
-
98 042
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
9 804
-
pensions

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

1 548
-
3 114
-
total
4 316
-
14 939
-
Employer
17 628
-
98 042
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
83 913
105 000
-
-
income
8 391
10 500
-
-
total
8 391
10 500
-
-
Dividends
75 522
94 500
-
-
withholding
3 776
4 725
-
-
total
3 776
4 725
-
-
Income
105 000
105 000
105 000
105 000
Total tax
19 942
15 225
21 897
25 220
After tax
85 058
89 775
83 103
79 780
Living cost
13 313
13 313
13 313
13 313
Free-cash
71 745
76 462
69 790
66 467

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5395
-₽5574
₽3299
-₽4473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
21 169
pensions
-
-
-
11 891
health
-
-
-
12 360
total
-
-
-
45 420
Employee
94 099
86 673
89 355
-
health
11 739
11 316
11 468
-
income

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

14 187
14 187
14 187
-
pensions
11 891
11 891
11 891
-
total
37 817
37 394
37 546
-
Employer
94 099
86 673
89 355
-
unemployment
3 388
3 120
3 217
-
pensions
6 549
6 032
6 219
-
health
6 539
6 025
6 210
-
total
16 476
15 177
15 646
-
Corporate
-
3 150
-
-
income
-
630
-
-
total
-
630
-
-
Dividends
-
2 520
-
-
income
-
535
-
-
withholding
-
378
-
-
total
-
913
-
-
Income
105 000
105 000
105 000
105 000
Total tax
54 293
54 114
53 192
45 420
After tax
50 707
50 886
51 808
59 580
Living cost
56 281
56 281
56 281
56 281
Free-cash
-5 574
-5 395
-4 473
3 299

Estimated living cost  is ₽56281 per week

₽41516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5027
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47962
₽39282
₽26809
₽28953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
9 025
health
-
-
-
14 175
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 660
total
-
-
-
53 860
Employee
35 781
-
78 358
-
social contributions
2 326
-
5 093
-
health
4 830
-
10 578
-
solidarity contribution
-
-
-
-
income
4 294
-
9 403
-
total
11 450
-
25 074
-
Employer
35 781
-
78 358
-
social contributions
8 945
-
19 590
-
health
3 220
-
7 052
-
total
12 165
-
26 642
-
Corporate
57 053
105 000
-
-
income
10 840
19 950
-
-
total
10 840
19 950
-
-
Dividends
46 213
85 050
-
-
withholding
6 932
12 757
-
-
total
6 932
12 757
-
-
Income
105 000
105 000
105 000
105 000
Total tax
41 387
32 707
51 716
53 860
After tax
63 613
72 293
53 284
51 140
Living cost
24 331
24 331
24 331
24 331
Free-cash
39 282
47 962
28 953
26 809

Estimated living cost  is ₽24331 per week

₽16901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13195
₽7894
₽10829
₽5831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
624
regional
-
-
-
1 165
national
-
-
-
22 550
social contributions
-
-
-
27 005
total
-
-
-
51 344
Employee
90 203
-
105 000
-
social contributions
30 416
-
35 407
-
regional
851
-
1 021
-
municipal
478
-
557
-
national
15 630
-
19 357
-
total
47 375
-
56 342
-
Employer
90 203
-
105 000
-
total
-
-
-
-
Corporate
14 797
105 000
-
-
nationa
3 552
25 201
-
-
municipal
578
4 095
-
-
total
4 130
29 296
-
-
Dividends
10 668
75 705
-
-
withholding
2 774
19 682
-
-
total
2 774
19 682
-
-
Income
105 000
105 000
105 000
105 000
Total tax
54 279
48 978
56 342
51 344
After tax
50 721
56 022
48 658
53 656
Living cost
42 827
42 827
42 827
42 827
Free-cash
7 894
13 195
5 831
10 829

Estimated living cost  is ₽42827 per week

₽29854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43648
₽40489
₽31265
₽29227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
20 147
pensions
-
-
-
21 000
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 454
surtax
-
-
-
2 506
total
-
-
-
51 338
Employee
33 564
-
86 739
-
other
-
-
-
-
health
857
-
2 211
-
surtax
110
-
2 273
-
income
5 626
-
18 812
-
pensions
2 238
-
5 786
-
unemployment
2 336
-
6 036
-
total
11 167
-
35 118
-
Employer
33 564
-
86 739
-
other
-
-
-
-
unemployment
1 063
-
2 750
-
pensions
4 474
-
11 562
-
health
1 527
-
3 946
-
total
7 064
-
18 258
-
Corporate
64 371
105 000
-
-
income
16 737
27 300
-
-
total
16 737
27 300
-
-
Dividends
47 634
77 700
-
-
withholding
7 146
11 655
-
-
total
7 146
11 655
-
-
Income
105 000
105 000
105 000
105 000
Total tax
42 114
38 955
53 376
51 338
After tax
62 886
66 045
51 624
53 662
Living cost
22 397
22 397
22 397
22 397
Free-cash
40 489
43 648
29 227
31 265

Estimated living cost  is ₽22397 per week

₽13694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30071
₽23822
₽28502
₽18893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
22 003
pensions
-
-
-
7 705
total
-
-
-
29 708
Employee
64 941
-
92 420
-
health
943
-
1 504
-
income
11 696
-
16 421
-
pensions
5 512
-
8 812
-
total
18 151
-
26 737
-
Employer
64 941
-
92 420
-
pensions
7 030
-
10 823
-
health
1 234
-
1 757
-
total
8 264
-
12 580
-
Corporate
31 795
105 000
-
-
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.

6 042
19 951
-
-
total
6 042
19 951
-
-
Dividends
25 753
85 049
-
-
withholding
1 931
8 188
-
-
total
1 931
8 188
-
-
Income
105 000
105 000
105 000
105 000
Total tax
34 388
28 139
39 317
29 708
After tax
70 612
76 861
65 683
75 292
Living cost
46 790
46 790
46 790
46 790
Free-cash
23 822
30 071
18 893
28 502

Estimated living cost  is ₽46790 per week

₽35055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29328
₽3764
₽10120
₽4906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
city
-
-
-
1 106
pensions
-
-
-
9 660
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.

-
-
-
2 100
regional
-
-
-
3 703
health
-
-
-
252
national
-
-
-
717
total
-
-
-
17 538
Employee
90 510
-
93 983
-
city
971
-
1 009
-
regional
2 964
-
3 152
-
health
205
-
211
-
pensions
7 604
-
7 894
-
unemployment
-
-
-
-
national
428
-
502
-
total
12 172
-
12 768
-
Employer
90 510
-
93 983
-
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.

1 810
-
1 879
-
unemployment
-
-
-
-
pensions
7 604
-
7 894
-
health
205
-
211
-
total
9 619
-
9 984
-
Corporate
3 876
105 000
-
-
regional
820
22 208
-
-
national
330
8 925
-
-
total
1 150
31 133
-
-
Dividends
2 726
73 867
-
-
withholding
953
25 853
-
-
total
953
25 853
-
-
Income
105 000
105 000
105 000
105 000
Total tax
23 894
56 986
22 752
17 538
After tax
81 106
48 014
82 248
87 462
Living cost
77 342
77 342
77 342
77 342
Free-cash
3 764
-29 328
4 906
10 120

Estimated living cost  is ₽77342 per week

₽50295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽950
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5506
₽21963
₽17897
₽27812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
trade
-
-
-
9 915
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.

-
-
-
22 521
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.

-
-
-
6 934
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.

-
-
-
1 238
total
-
-
-
40 608
Employee

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

60 997
-
105 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

395
-
1 238
-
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.

7 173
-
22 521
-
total
14 502
-
30 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 003
105 000
-
-
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.

362
867
-
-
income
6 601
15 749
-
-
trade
7 546
18 007
-
-
chamber of commerce
216
302
-
-
total
14 725
34 925
-
-
Dividends
29 279
70 075
-
-
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
942
-
-
withholding
6 934
17 132
-
-
total
7 315
18 074
-
-
Income
105 000
105 000
105 000
105 000
Total tax
36 542
52 999
30 693
40 608
After tax
68 458
52 001
74 307
64 392
Living cost
46 495
46 495
46 495
46 495
Free-cash
21 963
5 506
27 812
17 897

Estimated living cost  is ₽46495 per week

₽33958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18196
₽24190
₽25636
₽31027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
10 495
pensions
-
-
-
25 756
other
-
-
-
3 261
health
-
-
-
2 136
surtax
-
-
-
-
social contributions
-
-
-
2 991
total
-
-
-
44 639
Employee
43 438
-
85 096
-
social contributions
1 238
-
2 425
-
surtax
-
-
-
-
income
2 564
-
12 763
-
pensions
4 911
-
4 156
-
total
8 713
-
19 344
-
Employer
43 438
-
85 096
-
other
1 498
-
2 935
-
social contributions
131
-
256
-
unemployment
1 758
-
3 446
-
pensions
7 136
-
7 310
-
health
3 041
-
5 957
-
total
13 564
-
19 904
-
Corporate
47 996
105 000
-
-
surtax
-
-
-
-
income
13 438
29 399
-
-
total
13 438
29 399
-
-
Dividends
34 558
75 601
-
-
surtax
-
-
-
-
social contributions
5 946
13 003
-
-
withholding
4 424
9 677
-
-
total
10 370
22 680
-
-
Income
105 000
105 000
105 000
105 000
Total tax
46 085
52 079
39 248
44 639
After tax
58 915
52 921
65 752
60 361
Living cost
34 725
34 725
34 725
34 725
Free-cash
24 190
18 196
31 027
25 636

Estimated living cost  is ₽34725 per week

₽21895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21637
₽27275
₽29077
₽34468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
10 495
pensions
-
-
-
25 756
other
-
-
-
3 261
health
-
-
-
2 136
surtax
-
-
-
-
social contributions
-
-
-
2 991
total
-
-
-
44 639
Employee
38 775
-
85 096
-
social contributions
1 106
-
2 425
-
surtax
-
-
-
-
income
1 999
-
12 763
-
pensions
4 386
-
4 156
-
total
7 491
-
19 344
-
Employer
38 775
-
85 096
-
other
1 339
-
2 935
-
social contributions
116
-
256
-
unemployment
1 570
-
3 446
-
pensions
6 371
-
7 310
-
health
2 714
-
5 957
-
total
12 110
-
19 904
-
Corporate
54 116
105 000
-
-
surtax
-
-
-
-
income
15 152
29 399
-
-
total
15 152
29 399
-
-
Dividends
38 964
75 601
-
-
surtax
-
-
-
-
social contributions
6 701
13 003
-
-
withholding
4 987
9 677
-
-
total
11 688
22 680
-
-
Income
105 000
105 000
105 000
105 000
Total tax
46 441
52 079
39 248
44 639
After tax
58 559
52 921
65 752
60 361
Living cost
31 284
31 284
31 284
31 284
Free-cash
27 275
21 637
34 468
29 077

Estimated living cost  is ₽31284 per week

₽18143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42537
₽43064
₽45910
₽45912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
15 749
health
-
-
-
7 329
social contributions
-
-
-
14 490
total
-
-
-
37 568
Employee
34 413
-
105 000
-
social contributions
4 750
-
14 490
-
health
2 402
-
7 329
-
income
5 740
-
15 747
-
total
12 892
-
37 566
-
Employer
34 413
-
105 000
-
total
-
-
-
-
Corporate
70 587
105 000
-
-
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%.

3 529
5 250
-
-
total
3 529
5 250
-
-
Dividends
67 059
99 750
-
-
health
4 680
6 963
-
-
social contributions
9 255
13 766
-
-
withholding
10 058
14 962
-
-
total
23 993
35 691
-
-
Income
105 000
105 000
105 000
105 000
Total tax
40 414
40 941
37 566
37 568
After tax
64 586
64 059
67 434
67 432
Living cost
21 522
21 522
21 522
21 522
Free-cash
43 064
42 537
45 912
45 910

Estimated living cost  is ₽21522 per week

₽14403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
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.
₽5295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23041
₽21465
₽17116
-₽4357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
chamber of commerce
-
-
-
420
income
-
-
-
17 820
pensions
-
-
-
19 424
unemployment
-
-
-
6 225
health
-
-
-
8 032
surtax
-
-
-
200
total
-
-
-
52 121
Employee
50 723
40 447
81 377
-
other
507
404
815
-
health
1 963
1 566
3 149
-
income
5 774
2 983
15 853
-
pensions
5 195
4 141
8 332
-
unemployment
1 522
1 213
2 442
-
total
14 961
10 307
30 591
-
Employer
50 723
40 447
81 377
-
accident
659
526
1 057
-
other
2 410
1 920
3 866
-
chamber of commerce
202
162
326
-
unemployment
1 522
1 213
2 442
-
surtax
200
200
200
-
pensions
6 366
5 077
10 212
-
payroll
1 522
1 213
2 442
-
health
1 916
1 529
3 076
-
total
14 797
11 840
23 621
-
Corporate
39 481
52 711
77 527
-
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.

9 871
13 178
19 382
-
total
9 871
13 178
19 382
-
Dividends
29 610
39 533
-
-
withholding
8 143
10 871
-
-
total
8 143
10 871
-
-
Income
105 000
105 000
105 000
105 000
Total tax
47 772
46 196
73 594
52 121
After tax
57 228
58 804
31 406
52 879
Living cost
35 763
35 763
35 763
35 763
Free-cash
21 465
23 041
-4 357
17 116

Estimated living cost  is ₽35763 per week

₽23852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21870
₽6648
₽11882
₽3718
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
national
-
-
-
34 236
communal

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

-
-
-
5 306
social contributions
-
-
-
16 570
total
-
-
-
56 112
Employee

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

72 600
-
81 327
-
communal

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

3 787
-
4 241
-
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.

3 411
-
3 823
-
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.

5 445
-
6 100
-
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.

632
-
707
-
national
22 320
-
25 733
-
total
35 595
-
40 604
-
Employer

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

72 600
-
81 327
-
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.

944
-
1 057
-
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.

1 059
-
1 186
-
surtax
8 232
-
9 222
-
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.

6 433
-
7 205
-
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.

4 465
-
5 002
-
total
21 133
-
23 672
-
Corporate
11 267
105 000
-
-
surtax
44
420
-
-
income
2 253
21 000
-
-
total
2 297
21 420
-
-
Dividends
8 969
83 580
-
-
withholding

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

2 321
24 704
-
-
total
2 321
24 704
-
-
Income
105 000
105 000
105 000
105 000
Total tax
61 346
46 124
64 276
56 112
After tax
43 654
58 876
40 724
48 888
Living cost
37 006
37 006
37 006
37 006
Free-cash
6 648
21 870
3 718
11 882

Estimated living cost  is ₽37006 per week

₽23837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34086
₽25998
₽19996
₽18601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
847
income
-
-
-
20 128
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 350
Employee
50 522
-
79 615
-
other
50
-
79
-
income
10 660
-
19 308
-
pensions
2 375
-
3 742
-
unemployment
784
-
1 235
-
total
13 869
-
24 364
-
Employer
50 522
-
79 615
-
accident
1 000
-
1 576
-
other
403
-
638
-
unemployment
2 779
-
4 378
-
pensions
11 922
-
18 789
-
total
16 104
-
25 381
-
Corporate
38 374
105 000
-
-
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.

5 757
15 749
-
-
total
5 757
15 749
-
-
Dividends
32 617
89 251
-
-
withholding
6 618
18 511
-
-
total
6 618
18 511
-
-
Income
105 000
105 000
105 000
105 000
Total tax
42 348
34 260
49 745
48 350
After tax
62 652
70 740
55 255
56 650
Living cost
36 654
36 654
36 654
36 654
Free-cash
25 998
34 086
18 601
19 996

Estimated living cost  is ₽36654 per week

₽26992
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8992
₽1918
₽4484
₽9091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
886
income
-
-
-
9 517
pensions
-
-
-
15 738
health
-
-
-
7 377
surtax
-
-
-
5 206
communal
-
-
-
6 635
total
-
-
-
45 359
Employee
76 861
-
93 790
-
health
3 421
-
4 174
-
surtax
4 711
-
5 747
-
income
7 424
-
12 119
-
pensions
6 148
-
7 504
-
total
21 704
-
29 544
-
Employer
76 861
-
93 790
-
accident
691
-
844
-
pensions
6 148
-
7 504
-
health
2 344
-
2 860
-
total
9 183
-
11 208
-
Corporate
18 955
105 000
-
-
surtax
198
1 102
-
-
communal
-
7 088
-
-
income
2 843
15 749
-
-
total
3 041
23 939
-
-
Dividends
15 914
81 061
-
-
income
11 611
4 753
-
-
withholding
2 386
12 159
-
-
total
13 997
16 912
-
-
Income
105 000
105 000
105 000
105 000
Total tax
47 925
40 851
40 752
45 359
After tax
57 075
64 149
64 248
59 641
Living cost
55 157
55 157
55 157
55 157
Free-cash
1 918
8 992
9 091
4 484

Estimated living cost  is ₽55157 per week

₽41376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3342
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.
₽9854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43248
₽40019
₽30865
₽28827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
20 147
pensions
-
-
-
21 000
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 454
surtax
-
-
-
2 506
total
-
-
-
51 338
Employee
34 180
-
86 739
-
other
-
-
-
-
health
873
-
2 211
-
surtax
121
-
2 273
-
income
5 730
-
18 812
-
pensions
2 280
-
5 786
-
unemployment
2 379
-
6 036
-
total
11 383
-
35 118
-
Employer
34 180
-
86 739
-
other
-
-
-
-
unemployment
1 084
-
2 750
-
pensions
4 557
-
11 562
-
health
1 554
-
3 946
-
total
7 195
-
18 258
-
Corporate
63 624
105 000
-
-
income
16 543
27 300
-
-
total
16 543
27 300
-
-
Dividends
47 081
77 700
-
-
withholding
7 063
11 655
-
-
total
7 063
11 655
-
-
Income
105 000
105 000
105 000
105 000
Total tax
42 184
38 955
53 376
51 338
After tax
62 816
66 045
51 624
53 662
Living cost
22 797
22 797
22 797
22 797
Free-cash
40 019
43 248
28 827
30 865

Estimated living cost  is ₽22797 per week

₽13764
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27848
₽25596
₽25896
₽20925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
624
regional
-
-
-
1 584
national
-
-
-
22 550
social contributions
-
-
-
27 005
total
-
-
-
51 763
Employee
56 301
-
105 000
-
social contributions
18 985
-
35 407
-
regional
758
-
1 413
-
municipal
299
-
557
-
national
8 920
-
19 357
-
total
28 962
-
56 734
-
Employer
56 301
-
105 000
-
total
-
-
-
-
Corporate
48 699
105 000
-
-
nationa
11 687
25 201
-
-
municipal
2 421
5 218
-
-
total
14 108
30 419
-
-
Dividends
34 591
74 582
-
-
withholding
8 993
19 392
-
-
total
8 993
19 392
-
-
Income
105 000
105 000
105 000
105 000
Total tax
52 063
49 811
56 734
51 763
After tax
52 937
55 189
48 266
53 237
Living cost
27 341
27 341
27 341
27 341
Free-cash
25 596
27 848
20 925
25 896

Estimated living cost  is ₽27341 per week

₽17003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42311
₽31615
₽21158
₽23302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
9 025
health
-
-
-
14 175
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 660
total
-
-
-
53 860
Employee
44 092
-
78 358
-
social contributions
2 866
-
5 093
-
health
5 952
-
10 578
-
solidarity contribution
-
-
-
-
income
5 291
-
9 403
-
total
14 109
-
25 074
-
Employer
44 092
-
78 358
-
social contributions
11 023
-
19 590
-
health
3 968
-
7 052
-
total
14 991
-
26 642
-
Corporate
45 917
105 000
-
-
income
8 724
19 950
-
-
total
8 724
19 950
-
-
Dividends
37 193
85 050
-
-
withholding
5 579
12 757
-
-
total
5 579
12 757
-
-
Income
105 000
105 000
105 000
105 000
Total tax
43 403
32 707
51 716
53 860
After tax
61 597
72 293
53 284
51 140
Living cost
29 982
29 982
29 982
29 982
Free-cash
31 615
42 311
23 302
21 158

Estimated living cost  is ₽29982 per week

₽22297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26531
₽26025
₽20698
-₽940
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
chamber of commerce
-
-
-
420
income
-
-
-
17 820
pensions
-
-
-
19 424
unemployment
-
-
-
6 225
health
-
-
-
8 032
surtax
-
-
-
-
total
-
-
-
51 921
Employee
44 366
40 447
81 535
-
other
443
404
815
-
health
1 716
1 566
3 155
-
income
3 952
2 983
15 909
-
pensions
4 544
4 141
8 349
-
unemployment
1 331
1 213
2 446
-
total
11 986
10 307
30 674
-
Employer
44 366
40 447
81 535
-
accident
576
526
1 059
-
other
2 107
1 920
3 873
-
chamber of commerce
177
162
326
-
unemployment
1 331
1 213
2 446
-
surtax
-
-
-
-
pensions
5 568
5 077
10 233
-
payroll
1 331
1 213
2 446
-
health
1 678
1 529
3 082
-
total
12 768
11 640
23 465
-
Corporate
47 866
52 912
77 683
-
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.

11 967
13 228
19 420
-
total
11 967
13 228
19 420
-
Dividends
35 899
39 683
-
-
withholding
9 873
10 913
-
-
total
9 873
10 913
-
-
Income
105 000
105 000
105 000
105 000
Total tax
46 594
46 088
73 559
51 921
After tax
58 406
58 912
31 441
53 079
Living cost
32 381
32 381
32 381
32 381
Free-cash
26 025
26 531
-940
20 698

Estimated living cost  is ₽32381 per week

₽19424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9072
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85320
₽82614
₽89520
₽69570
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
105 000
microenterprise

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

-
-
-
1 050
total
-
-
-
1 050
Employee
18 038
-
105 000
-
income
3 608
-
21 000
-
total
3 608
-
21 000
-
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%.

86 962
105 000
-
-
total
-
-
-
-
Dividends
86 962
105 000
-
-
withholding
4 348
5 250
-
-
total
4 348
5 250
-
-
Income
105 000
105 000
105 000
105 000
Total tax
7 956
5 250
21 000
1 050
After tax
97 044
99 750
84 000
103 950
Living cost
14 430
14 430
14 430
14 430
Free-cash
82 614
85 320
69 570
89 520

Estimated living cost  is ₽14430 per week

₽9765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45069
₽36579
₽26947
₽23939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
income
-
-
-
21 163
pensions
-
-
-
19 176
unemployment
-
-
-
158
health
-
-
-
10 333
total
-
-
-
50 830
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.

44 881
-
90 855
-
health
2 899
-
5 869
-
income
7 740
-
19 614
-
pensions
6 957
-
14 083
-
unemployment
64
-
127
-
total
17 660
-
39 693
-
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.

44 881
-
90 855
-
unemployment
27
-
54
-
pensions
3 972
-
8 041
-
health
2 989
-
6 050
-
total
6 988
-
14 145
-
Corporate
53 131
105 000
-
-
income
10 094
19 950
-
-
total
10 094
19 950
-
-
Dividends
43 036
85 050
-
-
withholding
6 456
12 758
-
-
total
6 456
12 758
-
-
Income
105 000
105 000
105 000
105 000
Total tax
41 198
32 708
53 838
50 830
After tax
63 802
72 292
51 162
54 170
Living cost
27 223
27 223
27 223
27 223
Free-cash
36 579
45 069
23 939
26 947

Estimated living cost  is ₽27223 per week

₽18683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19870
-₽47088
₽28551
₽47570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
20 467
social contributions
-
-
-
11 970
total
-
-
-
32 437
Employee
63 107
-
-
-
social contributions
5 175
-
737
-
income
13 920
-
-
-
total
19 095
-
737
-
Employer
63 107
-
-
-
social contributions
88 981
-
12 681
-
total
88 981
-
12 681
-
Corporate
-
105 000
-
-
income
-
23 100
-
-
total
-
23 100
-
-
Dividends
-
81 900
-
-
income
-
18 018
-
-
total
-
18 018
-
-
Income
105 000
105 000
105 000
105 000
Total tax
108 076
41 118
13 418
32 437
After tax
-3 076
63 882
91 582
72 563
Living cost
44 012
44 012
44 012
44 012
Free-cash
-47 088
19 870
47 570
28 551

Estimated living cost  is ₽44012 per week

₽28557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27888
₽26865
₽26715
₽21171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
income
-
-
-
9 962
surtax
-
-
-
-
social contributions

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

-
-
-
36 487
total
-
-
-
46 449
Employee
46 680
-
84 848
-
social contributions
5 135
-
9 334
-
surtax
-
-
-
-
income
9 710
-
22 509
-
total
14 845
-
31 843
-
Employer
46 680
-
84 848
-
social contributions
11 086
-
20 150
-
total
11 086
-
20 150
-
Corporate
47 234
105 000
-
-
surtax
-
-
-
-
income
9 919
22 050
-
-
total
9 919
22 050
-
-
Dividends
37 315
82 950
-
-
withholding
10 449
23 226
-
-
total
10 449
23 226
-
-
Income
105 000
105 000
105 000
105 000
Total tax
46 299
45 276
51 993
46 449
After tax
58 701
59 724
53 007
58 551
Living cost
31 836
31 836
31 836
31 836
Free-cash
26 865
27 888
21 171
26 715

Estimated living cost  is ₽31836 per week

₽23820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3900
₽10878
₽11340
₽16731
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
10 495
pensions
-
-
-
25 756
other
-
-
-
3 261
health
-
-
-
2 136
surtax
-
-
-
-
social contributions
-
-
-
2 991
total
-
-
-
44 639
Employee
63 568
-
85 096
-
social contributions
1 810
-
2 425
-
surtax
-
-
-
-
income
5 546
-
12 763
-
pensions
7 190
-
4 156
-
total
14 546
-
19 344
-
Employer
63 568
-
85 096
-
other
2 194
-
2 935
-
social contributions
191
-
256
-
unemployment
2 575
-
3 446
-
pensions
10 445
-
7 310
-
health
4 449
-
5 957
-
total
19 854
-
19 904
-
Corporate
21 578
105 000
-
-
surtax
-
-
-
-
income
6 042
29 399
-
-
total
6 042
29 399
-
-
Dividends
15 536
75 601
-
-
surtax
-
-
-
-
social contributions
2 671
13 003
-
-
withholding
1 988
9 677
-
-
total
4 659
22 680
-
-
Income
105 000
105 000
105 000
105 000
Total tax
45 101
52 079
39 248
44 639
After tax
59 899
52 921
65 752
60 361
Living cost
49 021
49 021
49 021
49 021
Free-cash
10 878
3 900
16 731
11 340

Estimated living cost  is ₽49021 per week

₽33176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4010
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63990
₽60580
₽49364
₽52155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
2 026
social contributions
-
-
-
23 101
total
-
-
-
25 127
Employee
32 630
-
90 909
-
income
-
-
2 336
-
social contributions
2 121
-
5 909
-
total
2 121
-
8 245
-
Employer
32 630
-
90 909
-
social contributions
5 058
-
14 091
-
total
5 058
-
14 091
-
Corporate
67 313
105 000
-
-
income
6 732
10 501
-
-
total
6 732
10 501
-
-
Dividends
60 581
94 499
-
-
total
-
-
-
-
Income
105 000
105 000
105 000
105 000
Total tax
13 911
10 501
22 336
25 127
After tax
91 089
94 499
82 664
79 873
Living cost
30 509
30 509
30 509
30 509
Free-cash
60 580
63 990
52 155
49 364

Estimated living cost  is ₽30509 per week

₽19727
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7908
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽116140
-₽116140
₽16039
-₽116140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
19 681
pensions
-
-
-
880
national
-
-
-
11 189
labour market
-
-
-
8 330
total
-
-
-
40 080
Employee
206 316
206 316
206 316
-
labour market
16 482
16 482
16 482
-
national
25 205
25 205
25 205
-
municipal
43 934
43 934
43 934
-
pensions
293
293
293
-
total
85 914
85 914
85 914
-
Employer
206 316
206 316
206 316
-
labour market
16 505
16 505
16 505
-
municipal
44 004
44 004
44 004
-
pensions
587
587
587
-
national
25 249
25 249
25 249
-
total
86 345
86 345
86 345
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
105 000
105 000
105 000
105 000
Total tax
172 259
172 259
172 259
40 080
After tax
-67 259
-67 259
-67 259
64 920
Living cost
48 881
48 881
48 881
48 881
Free-cash
-116 140
-116 140
-116 140
16 039

Estimated living cost  is ₽48881 per week

₽33455
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4324
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13286
₽5162
₽50248
₽32710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
254
income
-
-
-
25 960
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 962
Employee
34 278
-
90 207
-
health
3 925
-
10 329
-
income
4 703
-
17 708
-
pensions
3 860
-
7 670
-
total
12 488
-
35 707
-
Employer
34 278
-
90 207
-
accident
572
-
1 507
-
unemployment
840
-
2 210
-
pensions
5 574
-
11 076
-
total
6 986
-
14 793
-
Corporate
63 736
105 000
-
-
income

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

57 363
94 500
-
-
total
57 363
94 500
-
-
Dividends
6 373
10 500
-
-
withholding
1 211
1 995
-
-
total
1 211
1 995
-
-
Income
105 000
105 000
105 000
105 000
Total tax
78 048
96 495
50 500
32 962
After tax
26 952
8 505
54 500
72 038
Living cost
21 790
21 790
21 790
21 790
Free-cash
5 162
-13 286
32 710
50 248

Estimated living cost  is ₽21790 per week

₽15861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4278
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30579
₽28737
₽35201
₽20657
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
105 000
municipal
-
-
-
18 685
health
-
-
-
1 194
national
-
-
-
10 953
total
-
-
-
30 832
Employee
53 399
-
88 332
-
health
399
-
936
-
municipal
8 746
-
14 418
-
pensions
3 604
-
5 963
-
unemployment
801
-
1 325
-
national
882
-
6 065
-
total
14 432
-
28 707
-
Employer
53 399
-
88 332
-
accident
54
-
89
-
unemployment
347
-
574
-
pensions
9 264
-
15 326
-
health
410
-
680
-
total
10 075
-
16 669
-
Corporate
41 526
105 000
-
-
income
8 305
21 000
-
-
total
8 305
21 000
-
-
Dividends

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

24 916
63 000
-
-
national
-
3 113
-
-
municipal
4 484
11 341
-
-
total
4 484
14 454
-
-
Income
105 000
105 000
105 000
105 000
Total tax
37 296
35 454
45 376
30 832
After tax
67 704
69 546
59 624
74 168
Living cost
38 967
38 967
38 967
38 967
Free-cash
28 737
30 579
20 657
35 201

Estimated living cost  is ₽38967 per week

₽25453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53340
₽47815
₽50511
₽50403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
11 934
health
-
-
-
2 677
social contributions
-
-
-
16 379
total
-
-
-
30 990
Employee
78 045
78 045
95 323
-
social contributions
2 951
6 477
7 912
-
health
605
1 327
1 620
-
income
8 498
7 225
11 890
-
total
12 054
15 029
21 422
-
Employer
78 045
78 045
95 323
-
social contributions
2 951
6 477
7 912
-
health
657
1 445
1 764
-
total
3 608
7 922
9 676
-
Corporate
65 840
19 033
-
-
income
8 230
2 379
-
-
total
8 230
2 379
-
-
Dividends
57 610
16 655
-
-
withholding
9 794
2 831
-
-
total
9 794
2 831
-
-
Income
105 000
105 000
105 000
105 000
Total tax
33 686
28 161
31 098
30 990
After tax
71 314
76 839
73 902
74 010
Living cost
23 499
23 499
23 499
23 499
Free-cash
47 815
53 340
50 403
50 511

Estimated living cost  is ₽23499 per week

₽14083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
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.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70837
₽65671
₽68655
₽48635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
105 000
income
-
-
-
10 073
pensions
-
-
-
6 456
unemployment
-
-
-
29
health
-
-
-
3 673
total
-
-
-
20 231
Employee

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

23 297
-
95 196
-
health
1 980
-
8 091
-
income
1 593
-
7 600
-
pensions
3 494
-
14 280
-
unemployment
116
-
476
-
total
7 183
-
30 447
-
Employer

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

23 297
-
95 196
-
unemployment
116
-
476
-
pensions
1 281
-
5 235
-
health
1 002
-
4 093
-
total
2 399
-
9 804
-
Corporate
79 305
105 000
-
-
income
7 138
9 449
-
-
total
7 138
9 449
-
-
Dividends
72 167
95 551
-
-
withholding
6 495
8 600
-
-
total
6 495
8 600
-
-
Income
105 000
105 000
105 000
105 000
Total tax
23 215
18 049
40 251
20 231
After tax
81 785
86 951
64 749
84 769
Living cost
16 114
16 114
16 114
16 114
Free-cash
65 671
70 837
48 635
68 655

Estimated living cost  is ₽16114 per week

₽10281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42830
₽37505
₽28740
₽27345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
847
income
-
-
-
20 128
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 350
Employee
37 529
-
79 615
-
other
37
-
79
-
income
7 235
-
19 308
-
pensions
1 764
-
3 742
-
unemployment
582
-
1 235
-
total
9 618
-
24 364
-
Employer
37 529
-
79 615
-
accident
743
-
1 576
-
other
300
-
638
-
unemployment
2 065
-
4 378
-
pensions
8 856
-
18 789
-
total
11 964
-
25 381
-
Corporate
55 507
105 000
-
-
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.

8 326
15 749
-
-
total
8 326
15 749
-
-
Dividends
47 180
89 251
-
-
withholding
9 677
18 511
-
-
total
9 677
18 511
-
-
Income
105 000
105 000
105 000
105 000
Total tax
39 585
34 260
49 745
48 350
After tax
65 415
70 740
55 255
56 650
Living cost
27 910
27 910
27 910
27 910
Free-cash
37 505
42 830
27 345
28 740

Estimated living cost  is ₽27910 per week

₽18839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽62733
₽62276
₽63826
₽63628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
34 880
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
38 387
Employee
4 245
-
102 713
-
health
212
-
508
-
income
821
-
34 773
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
36 298
-
Employer
4 245
-
102 713
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
99 799
105 000
-
-
income
21 956
23 100
-
-
total
21 956
23 100
-
-
Dividends
77 844
81 900
-
-
withholding
15 569
16 380
-
-
total
15 569
16 380
-
-
Income
105 000
105 000
105 000
105 000
Total tax
39 937
39 480
38 585
38 387
After tax
65 063
65 520
66 415
66 613
Living cost
2 787
2 787
2 787
2 787
Free-cash
62 276
62 733
63 628
63 826

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58303
₽53305
₽38407
₽38406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
income
-
-
-
20 667
pensions
-
-
-
19 511
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
49 033
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.

26 480
-
91 568
-
health
1 364
-
3 865
-
income
3 650
-
20 667
-
pensions
3 707
-
10 506
-
unemployment
199
-
563
-
total
8 920
-
35 601
-
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.

26 480
-
91 568
-
unemployment
199
-
563
-
pensions
3 178
-
9 005
-
health
1 364
-
3 865
-
total
4 741
-
13 433
-
Corporate
73 780
105 000
-
-
income
11 067
15 750
-
-
total
11 067
15 750
-
-
Dividends
62 713
89 250
-
-
withholding
9 407
13 387
-
-
total
9 407
13 387
-
-
Income
105 000
105 000
105 000
105 000
Total tax
34 135
29 137
49 034
49 033
After tax
70 865
75 863
55 966
55 967
Living cost
17 560
17 560
17 560
17 560
Free-cash
53 305
58 303
38 406
38 407

Estimated living cost  is ₽17560 per week

₽11823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32362
₽31997
₽31189
₽25645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
income
-
-
-
9 962
surtax
-
-
-
-
social contributions

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

-
-
-
36 487
total
-
-
-
46 449
Employee
39 393
-
84 848
-
social contributions
4 334
-
9 334
-
surtax
-
-
-
-
income
7 697
-
22 509
-
total
12 031
-
31 843
-
Employer
39 393
-
84 848
-
social contributions
9 355
-
20 150
-
total
9 355
-
20 150
-
Corporate
56 253
105 000
-
-
surtax
-
-
-
-
income
11 813
22 050
-
-
total
11 813
22 050
-
-
Dividends
44 440
82 950
-
-
withholding
12 442
23 226
-
-
total
12 442
23 226
-
-
Income
105 000
105 000
105 000
105 000
Total tax
45 641
45 276
51 993
46 449
After tax
59 359
59 724
53 007
58 551
Living cost
27 362
27 362
27 362
27 362
Free-cash
31 997
32 362
25 645
31 189

Estimated living cost  is ₽27362 per week

₽19380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35070
₽27327
₽20980
₽19585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
847
income
-
-
-
20 128
pensions
-
-
-
26 622
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 350
Employee
49 017
-
79 615
-
other
48
-
79
-
income
10 238
-
19 308
-
pensions
2 304
-
3 742
-
unemployment
759
-
1 235
-
total
13 349
-
24 364
-
Employer
49 017
-
79 615
-
accident
971
-
1 576
-
other
393
-
638
-
unemployment
2 696
-
4 378
-
pensions
11 568
-
18 789
-
total
15 628
-
25 381
-
Corporate
40 354
105 000
-
-
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.

6 054
15 749
-
-
total
6 054
15 749
-
-
Dividends
34 301
89 251
-
-
withholding
6 972
18 511
-
-
total
6 972
18 511
-
-
Income
105 000
105 000
105 000
105 000
Total tax
42 003
34 260
49 745
48 350
After tax
62 997
70 740
55 255
56 650
Living cost
35 670
35 670
35 670
35 670
Free-cash
27 327
35 070
19 585
20 980

Estimated living cost  is ₽35670 per week

₽25617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72308
₽66120
₽62313
₽65636
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
15 750
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
25 220
Employee
23 129
-
98 042
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
9 804
-
pensions

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

2 030
-
3 114
-
total
5 661
-
14 939
-
Employer
23 129
-
98 042
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
77 333
105 000
-
-
income
7 734
10 500
-
-
total
7 734
10 500
-
-
Dividends
69 600
94 500
-
-
withholding
3 480
4 725
-
-
total
3 480
4 725
-
-
Income
105 000
105 000
105 000
105 000
Total tax
21 413
15 225
21 897
25 220
After tax
83 587
89 775
83 103
79 780
Living cost
17 467
17 467
17 467
17 467
Free-cash
66 120
72 308
65 636
62 313

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14975
₽28255
₽26827
₽35123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
trade
-
-
-
8 296
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.

-
-
-
22 521
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.

-
-
-
6 934
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.

-
-
-
1 238
total
-
-
-
38 989
Employee

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

50 500
-
105 000
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 934
-
6 934
-
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.

229
-
1 238
-
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.

4 153
-
22 521
-
total
11 316
-
30 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 500
105 000
-
-
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.

449
867
-
-
income
8 174
15 749
-
-
trade
7 820
15 068
-
-
chamber of commerce
233
308
-
-
total
16 676
31 992
-
-
Dividends
37 824
73 008
-
-
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.

499
982
-
-
withholding
9 070
17 866
-
-
total
9 569
18 848
-
-
Income
105 000
105 000
105 000
105 000
Total tax
37 561
50 840
30 693
38 989
After tax
67 439
54 160
74 307
66 011
Living cost
39 184
39 184
39 184
39 184
Free-cash
28 255
14 975
35 123
26 827

Estimated living cost  is ₽39184 per week

₽27030
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15685
₽17924
₽12548
₽12548
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
25 224
social contributions
-
-
-
9 412
total
-
-
-
34 636
Employee
79 392
-
105 000
-
income
14 981
-
25 224
-
social contributions
6 596
-
9 412
-
total
21 577
-
34 636
-
Employer
79 392
-
105 000
-
total
-
-
-
-
Corporate
25 608
105 000
-
-
income
3 201
13 124
-
-
total
3 201
13 124
-
-
Dividends
22 407
91 876
-
-
withholding
4 482
18 375
-
-
total
4 482
18 375
-
-
Income
105 000
105 000
105 000
105 000
Total tax
29 260
31 499
34 636
34 636
After tax
75 740
73 501
70 364
70 364
Living cost
57 816
57 816
57 816
57 816
Free-cash
17 924
15 685
12 548
12 548

Estimated living cost  is ₽57816 per week

₽43985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽26046
₽29711
₽32455
₽40325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
income
-
-
-
28 891
health

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

-
-
-
6 811
total
-
-
-
35 702
Employee
46 560
-
100 331
-
income
5 052
-
18 494
-
social contributions
4 665
-
4 669
-
total
9 717
-
23 163
-
Employer
46 560
-
100 331
-
social contributions
4 665
-
4 669
-
total
4 665
-
4 669
-
Corporate
53 775
105 000
-
-
income
18 821
36 749
-
-
total
18 821
36 749
-
-
Dividends
34 954
68 251
-
-
social contributions
5 243
5 362
-
-
total
5 243
5 362
-
-
Income
105 000
105 000
105 000
105 000
Total tax
38 446
42 111
27 832
35 702
After tax
66 554
62 889
77 168
69 298
Living cost
36 843
36 843
36 843
36 843
Free-cash
29 711
26 046
40 325
32 455

Estimated living cost  is ₽36843 per week

₽24268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38822
₽34854
₽37253
₽27644
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
income
-
-
-
22 003
pensions
-
-
-
7 705
total
-
-
-
29 708
Employee
52 214
-
92 420
-
health
681
-
1 504
-
income
9 509
-
16 421
-
pensions
3 985
-
8 812
-
total
14 175
-
26 737
-
Employer
52 214
-
92 420
-
pensions
5 275
-
10 823
-
health
992
-
1 757
-
total
6 267
-
12 580
-
Corporate
46 519
105 000
-
-
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.

8 839
19 951
-
-
total
8 839
19 951
-
-
Dividends
37 680
85 049
-
-
withholding
2 826
8 188
-
-
total
2 826
8 188
-
-
Income
105 000
105 000
105 000
105 000
Total tax
32 107
28 139
39 317
29 708
After tax
72 893
76 861
65 683
75 292
Living cost
38 039
38 039
38 039
38 039
Free-cash
34 854
38 822
27 644
37 253

Estimated living cost  is ₽38039 per week

₽26094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15443
₽4832
₽48090
₽30552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
accident
-
-
-
254
income
-
-
-
25 960
pensions
-
-
-
4 183
other
-
-
-
373
health
-
-
-
2 192
total
-
-
-
32 962
Employee
37 671
-
90 207
-
health
4 313
-
10 329
-
income
5 168
-
17 708
-
pensions
4 242
-
7 670
-
total
13 723
-
35 707
-
Employer
37 671
-
90 207
-
accident
629
-
1 507
-
unemployment
923
-
2 210
-
pensions
6 125
-
11 076
-
total
7 677
-
14 793
-
Corporate
59 652
105 000
-
-
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.

53 687
94 500
-
-
total
53 687
94 500
-
-
Dividends
5 965
10 500
-
-
withholding
1 133
1 995
-
-
total
1 133
1 995
-
-
Income
105 000
105 000
105 000
105 000
Total tax
76 220
96 495
50 500
32 962
After tax
28 780
8 505
54 500
72 038
Living cost
23 948
23 948
23 948
23 948
Free-cash
4 832
-15 443
30 552
48 090

Estimated living cost  is ₽23948 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
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.
₽4495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74652
₽70610
₽46223
₽52786
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 000
work injury
-
-
-
525
health insurance
-
-
-
7 770
income
-
-
-
16 197
pensions
-
-
-
19 320
unemployment
-
-
-
1 260
total
-
-
-
45 072
Employee

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

21 928
-
105 000
-
work injury
110
-
406
-
income
2 193
-
16 197
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
38 509
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 072
105 000
-
-
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%.

-
1 050
-
-
total
-
1 050
-
-
Dividends
83 072
103 950
-
-
withholding
12 461
15 593
-
-
total
12 461
15 593
-
-
Income
105 000
105 000
105 000
105 000
Total tax
20 685
16 643
38 509
45 072
After tax
84 315
88 357
66 491
59 928
Living cost
13 705
13 705
13 705
13 705
Free-cash
70 610
74 652
52 786
46 223

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽14872
₽10257
₽12182
₽7377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 000
municipal
-
-
-
701
regional
-
-
-
2 129
national
-
-
-
22 550
social contributions
-
-
-
27 005
total
-
-
-
52 385
Employee
85 526
-
105 000
-
social contributions
28 839
-
35 407
-
regional
1 291
-
1 800
-
municipal
510
-
626
-
national
14 453
-
19 357
-
total
45 093
-
57 190
-
Employer
85 526
-
105 000
-
total
-
-
-
-
Corporate
19 474
105 000
-
-
nationa
4 675
25 201
-
-
municipal
938
5 062
-
-
total
5 613
30 263
-
-
Dividends
13 861
74 738
-
-
withholding
3 604
19 432
-
-
total
3 604
19 432
-
-
Income
105 000
105 000
105 000
105 000
Total tax
54 310
49 695
57 190
52 385
After tax
50 690
55 305
47 810
52 615
Living cost
40 433
40 433
40 433
40 433
Free-cash
10 257
14 872
7 377
12 182

Estimated living cost  is ₽40433 per week

₽28402
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.
₽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.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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