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
₽ 106000
per

Your estimated
City
free-cash

Dresden , Germany
₽23154
₽34265
₽34979
₽44319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
trade
-
-
-
9 340
income

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

-
-
-
23 125
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.

-
-
-
6 862
surtax

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

-
-
-
1 271
total
-
-
-
40 598
Employee

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

38 417
-
106 000
-
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.

6 862
-
6 862
-
surtax

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

59
-
1 271
-
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.

1 073
-
23 125
-
total
7 994
-
31 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 583
106 000
-
-
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.

557
875
-
-
income
10 137
15 901
-
-
trade
10 644
16 695
-
-
chamber of commerce
250
305
-
-
total
21 588
33 776
-
-
Dividends
45 996
72 224
-
-
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.

612
972
-
-
withholding
11 118
17 675
-
-
total
11 730
18 647
-
-
Income
106 000
106 000
106 000
106 000
Total tax
41 312
52 423
31 258
40 598
After tax
64 688
53 577
74 742
65 402
Living cost
30 423
30 423
30 423
30 423
Free-cash
34 265
23 154
44 319
34 979

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15461
₽14618
₽13116
₽13949
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
11 116
pensions
-
-
-
12 720
national
-
-
-
17 225
social contributions
-
-
-
1 140
total
-
-
-
42 201
Employee
78 568
-
91 636
-
municipal
9 704
-
11 526
-
pensions
3 143
-
3 665
-
national
15 038
-
17 861
-
total
27 885
-
33 052
-
Employer
78 568
-
91 636
-
social contributions
845
-
985
-
pensions
6 285
-
7 331
-
total
7 130
-
8 316
-
Corporate
15 117
106 000
-
-
income

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

3 023
21 200
-
-
total
3 023
21 200
-
-
Dividends
12 093
84 800
-
-
withholding
2 661
18 656
-
-
total
2 661
18 656
-
-
Income
106 000
106 000
106 000
106 000
Total tax
40 699
39 856
41 368
42 201
After tax
65 301
66 144
64 632
63 799
Living cost
50 683
50 683
50 683
50 683
Free-cash
14 618
15 461
13 949
13 116

Estimated living cost  is ₽50683 per week

₽34449
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.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63904
₽55664
₽35626
₽38787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
microenterprise
-
-
-
-
income
-
-
-
15 399
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.

-
-
-
34 079
total
-
-
-
49 478
Employee
29 350
-
85 422
-
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.

3 229
-
9 397
-
surtax
-
-
-
-
income
5 225
-
16 342
-
total
8 454
-
25 739
-
Employer
29 350
-
85 422
-
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.

7 070
-
20 578
-
surtax
-
-
-
-
total
7 070
-
20 578
-
Corporate
69 580
106 000
-
-
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%.

13 916
21 200
-
-
total
13 916
21 200
-
-
Dividends

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

55 664
84 800
-
-
total
-
-
-
-
Income
106 000
106 000
106 000
106 000
Total tax
29 440
21 200
46 317
49 478
After tax
76 560
84 800
59 683
56 522
Living cost
20 896
20 896
20 896
20 896
Free-cash
55 664
63 904
38 787
35 626

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9347
₽3192
₽18058
₽10869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
21 746
pensions
-
-
-
11 768
health
-
-
-
12 351
total
-
-
-
45 865
Employee
85 774
85 774
90 204
-
health
13 165
11 198
11 450
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
37 258
-
Employer
85 774
85 774
90 204
-
unemployment
3 088
3 088
3 248
-
pensions
5 970
5 970
6 279
-
health
5 962
5 962
6 269
-
total
15 020
15 020
15 796
-
Corporate
6 258
5 206
-
-
income
1 252
1 041
-
-
total
1 252
1 041
-
-
Dividends
5 006
4 165
-
-
income
1 064
884
-
-
withholding
751
625
-
-
total
1 815
1 509
-
-
Income
106 000
106 000
106 000
106 000
Total tax
60 731
54 576
53 054
45 865
After tax
45 269
51 424
52 946
60 135
Living cost
42 077
42 077
42 077
42 077
Free-cash
3 192
9 347
10 869
18 058

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18913
₽18039
₽17940
₽17638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
24 232
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
127
total
-
-
-
49 097
Employee
55 518
-
80 658
-
municipal
16 556
-
24 052
-
national
-
-
6
-
total
16 556
-
24 058
-
Employer
55 518
-
80 658
-
accident
111
-
161
-
other
6 451
-
9 372
-
unemployment
1 466
-
2 129
-
pensions
6 001
-
8 719
-
health
3 414
-
4 960
-
total
17 443
-
25 341
-
Corporate
33 038
106 000
-
-
income
7 268
23 320
-
-
total
7 268
23 320
-
-
Dividends
25 769
82 680
-
-
withholding
7 731
24 804
-
-
total
7 731
24 804
-
-
Income
106 000
106 000
106 000
106 000
Total tax
48 998
48 124
49 399
49 097
After tax
57 002
57 876
56 601
56 903
Living cost
38 963
38 963
38 963
38 963
Free-cash
18 039
18 913
17 638
17 940

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13573
₽27690
₽25529
₽35284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
trade
-
-
-
9 755
income

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

-
-
-
23 125
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.

-
-
-
6 862
surtax

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

-
-
-
1 271
total
-
-
-
41 013
Employee

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

50 937
-
106 000
-
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.

6 862
-
6 862
-
surtax

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

240
-
1 271
-
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.

4 376
-
23 125
-
total
11 478
-
31 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 063
106 000
-
-
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.

454
875
-
-
income
8 259
15 901
-
-
trade
9 058
17 437
-
-
chamber of commerce
231
303
-
-
total
18 002
34 516
-
-
Dividends
37 062
71 485
-
-
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.

488
963
-
-
withholding
8 884
17 490
-
-
total
9 372
18 453
-
-
Income
106 000
106 000
106 000
106 000
Total tax
38 852
52 969
31 258
41 013
After tax
67 148
53 031
74 742
64 987
Living cost
39 458
39 458
39 458
39 458
Free-cash
27 690
13 573
35 284
25 529

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44980
₽40814
₽42058
₽41753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
12 409
health
-
-
-
2 703
social contributions
-
-
-
16 251
total
-
-
-
31 363
Employee
77 236
77 236
96 233
-
social contributions
3 753
6 410
7 987
-
health
768
1 313
1 635
-
income
8 110
7 150
12 279
-
total
12 631
14 873
21 901
-
Employer
77 236
77 236
96 233
-
social contributions
3 753
6 410
7 987
-
health
837
1 430
1 780
-
total
4 590
7 840
9 767
-
Corporate
56 200
20 925
-
-
income
7 026
2 615
-
-
total
7 026
2 615
-
-
Dividends
49 174
18 309
-
-
withholding
8 360
3 113
-
-
total
8 360
3 113
-
-
Income
106 000
106 000
106 000
106 000
Total tax
32 607
28 441
31 668
31 363
After tax
73 393
77 559
74 332
74 637
Living cost
32 579
32 579
32 579
32 579
Free-cash
40 814
44 980
41 753
42 058

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41465
₽41844
₽55203
₽43220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
12 958
pensions
-
-
-
10 600
unemployment
-
-
-
1 590
health
-
-
-
7 420
total
-
-
-
32 568
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.

26 314
10 473
88 703
-
health
1 842
733
6 209
-
income
3 217
1 280
10 844
-
pensions
2 631
1 047
8 870
-
unemployment
395
157
1 331
-
total
8 085
3 217
27 254
-
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.

26 314
10 473
88 703
-
pensions
5 131
2 042
17 297
-
total
5 131
2 042
17 297
-
Corporate
74 555
93 485
-
-
income
6 710
8 414
-
-
total
6 710
8 414
-
-
Dividends
67 845
85 072
-
-
social contributions
13 110
16 469
-
-
withholding
12 891
16 164
-
-
total
26 001
32 633
-
-
Income
106 000
106 000
106 000
106 000
Total tax
45 927
46 306
44 551
32 568
After tax
60 073
59 694
61 449
73 432
Living cost
18 229
18 229
18 229
18 229
Free-cash
41 844
41 465
43 220
55 203

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60539
₽54298
₽32556
₽36839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
14 204
pensions
-
-
-
21 200
health
-
-
-
13 779
total
-
-
-
49 183
Employee
28 494
-
79 221
-
income
3 208
-
15 273
-
pensions
570
-
1 584
-
unemployment
456
-
1 268
-
total
4 234
-
18 125
-
Employer
28 494
-
79 221
-
unemployment
229
-
633
-
pensions
5 699
-
15 843
-
health
3 704
-
10 299
-
total
9 632
-
26 775
-
Corporate
67 875
106 000
-
-
income
13 575
21 200
-
-
total
13 575
21 200
-
-
Dividends
54 299
84 800
-
-
total
-
-
-
-
Income
106 000
106 000
106 000
106 000
Total tax
27 441
21 200
44 900
49 183
After tax
78 559
84 800
61 100
56 817
Living cost
24 261
24 261
24 261
24 261
Free-cash
54 298
60 539
36 839
32 556

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13459
₽5203
₽50672
₽33056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
253
income
-
-
-
26 305
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 283
Employee
34 678
-
91 203
-
health
3 971
-
10 442
-
income
4 758
-
18 015
-
pensions
3 905
-
7 645
-
total
12 634
-
36 102
-
Employer
34 678
-
91 203
-
accident
579
-
1 523
-
unemployment
850
-
2 234
-
pensions
5 639
-
11 040
-
total
7 068
-
14 797
-
Corporate
64 254
106 000
-
-
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.

57 829
95 400
-
-
total
57 829
95 400
-
-
Dividends
6 425
10 600
-
-
withholding
1 221
2 014
-
-
total
1 221
2 014
-
-
Income
106 000
106 000
106 000
106 000
Total tax
78 752
97 414
50 899
33 283
After tax
27 248
8 586
55 101
72 717
Living cost
22 045
22 045
22 045
22 045
Free-cash
5 203
-13 459
33 056
50 672

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91600
₽89894
₽95840
₽75700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
106 000
microenterprise

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

-
-
-
1 060
total
-
-
-
1 060
Employee
11 375
-
106 000
-
income
2 275
-
21 200
-
total
2 275
-
21 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

94 625
106 000
-
-
total
-
-
-
-
Dividends
94 625
106 000
-
-
withholding
4 731
5 300
-
-
total
4 731
5 300
-
-
Income
106 000
106 000
106 000
106 000
Total tax
7 006
5 300
21 200
1 060
After tax
98 994
100 700
84 800
104 940
Living cost
9 100
9 100
9 100
9 100
Free-cash
89 894
91 600
75 700
95 840

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51116
₽44328
₽30630
₽35016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
13 465
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.

-
-
-
25 441
other
-
-
-
5 036
health
-
-
-
4 664
total
-
-
-
48 606
Employee
36 470
-
84 663
-
health
511
-
1 186
-
income
6 279
-
14 925
-
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.

2 552
-
5 928
-
unemployment
364
-
846
-
total
9 706
-
22 885
-
Employer
36 470
-
84 663
-
accident
292
-
677
-
other
1 824
-
4 233
-
unemployment
364
-
846
-
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.

6 201
-
14 393
-
health
511
-
1 186
-
total
9 192
-
21 335
-
Corporate
60 339
106 000
-
-
income
12 672
22 259
-
-
total
12 672
22 259
-
-
Dividends
47 667
83 741
-
-
withholding
3 338
5 861
-
-
total
3 338
5 861
-
-
Income
106 000
106 000
106 000
106 000
Total tax
34 908
28 120
44 220
48 606
After tax
71 092
77 880
61 780
57 394
Living cost
26 764
26 764
26 764
26 764
Free-cash
44 328
51 116
35 016
30 630

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9911
-₽1952
₽8503
-₽887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
22 782
pensions
-
-
-
7 613
total
-
-
-
30 395
Employee
94 939
-
93 250
-
health
1 564
-
1 529
-
income
17 114
-
16 553
-
pensions
9 159
-
8 956
-
total
27 837
-
27 038
-
Employer
94 939
-
93 250
-
pensions
11 210
-
10 975
-
health
1 803
-
1 772
-
total
13 013
-
12 747
-
Corporate
-
106 000
-
-
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.

-
20 141
-
-
total
-
20 141
-
-
Dividends
-
85 859
-
-
withholding
-
8 846
-
-
total
-
8 846
-
-
Income
106 000
106 000
106 000
106 000
Total tax
40 850
28 987
39 785
30 395
After tax
65 150
77 013
66 215
75 605
Living cost
67 102
67 102
67 102
67 102
Free-cash
-1 952
9 911
-887
8 503

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽77462
₽72796
₽67566
₽70957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
15 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
25 266
Employee
17 436
-
99 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
9 912
-
pensions

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

1 531
-
3 080
-
total
4 268
-
14 992
-
Employer
17 436
-
99 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
85 143
106 000
-
-
income
8 515
10 600
-
-
total
8 515
10 600
-
-
Dividends
76 628
95 400
-
-
withholding
3 832
4 770
-
-
total
3 832
4 770
-
-
Income
106 000
106 000
106 000
106 000
Total tax
20 036
15 370
21 875
25 266
After tax
85 964
90 630
84 125
80 734
Living cost
13 168
13 168
13 168
13 168
Free-cash
72 796
77 462
70 957
67 566

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
-₽4273
-₽3428
₽4438
-₽2751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
21 746
pensions
-
-
-
11 768
health
-
-
-
12 351
total
-
-
-
45 865
Employee
93 123
85 774
90 204
-
health
11 618
11 198
11 450
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
37 258
-
Employer
93 123
85 774
90 204
-
unemployment
3 353
3 088
3 248
-
pensions
6 481
5 970
6 279
-
health
6 471
5 962
6 269
-
total
16 305
15 020
15 796
-
Corporate
-
5 206
-
-
income
-
1 041
-
-
total
-
1 041
-
-
Dividends
-
4 165
-
-
income
-
884
-
-
withholding
-
625
-
-
total
-
1 509
-
-
Income
106 000
106 000
106 000
106 000
Total tax
53 731
54 576
53 054
45 865
After tax
52 269
51 424
52 946
60 135
Living cost
55 697
55 697
55 697
55 697
Free-cash
-3 428
-4 273
-2 751
4 438

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48962
₽40393
₽27608
₽29772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
9 111
health
-
-
-
14 310
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 952
total
-
-
-
54 373
Employee
35 322
-
79 105
-
social contributions
2 296
-
5 142
-
health
4 768
-
10 679
-
solidarity contribution
-
-
-
-
income
4 239
-
9 493
-
total
11 303
-
25 314
-
Employer
35 322
-
79 105
-
social contributions
8 831
-
19 776
-
health
3 179
-
7 119
-
total
12 010
-
26 895
-
Corporate
58 668
106 000
-
-
income
11 147
20 140
-
-
total
11 147
20 140
-
-
Dividends
47 521
85 860
-
-
withholding
7 128
12 879
-
-
total
7 128
12 879
-
-
Income
106 000
106 000
106 000
106 000
Total tax
41 588
33 019
52 209
54 373
After tax
64 412
72 981
53 791
51 627
Living cost
24 019
24 019
24 019
24 019
Free-cash
40 393
48 962
29 772
27 608

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Brno model

Close
Milan , Italy
₽14171
₽8928
₽11640
₽6595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
629
regional
-
-
-
1 180
national
-
-
-
22 905
social contributions
-
-
-
27 263
total
-
-
-
51 977
Employee
89 267
-
106 000
-
social contributions
30 101
-
35 743
-
regional
842
-
1 033
-
municipal
473
-
562
-
national
15 468
-
19 684
-
total
46 884
-
57 022
-
Employer
89 267
-
106 000
-
total
-
-
-
-
Corporate
16 733
106 000
-
-
nationa
4 016
25 441
-
-
municipal
652
4 134
-
-
total
4 668
29 575
-
-
Dividends
12 065
76 425
-
-
withholding
3 137
19 871
-
-
total
3 137
19 871
-
-
Income
106 000
106 000
106 000
106 000
Total tax
54 689
49 446
57 022
51 977
After tax
51 311
56 554
48 978
54 023
Living cost
42 383
42 383
42 383
42 383
Free-cash
8 928
14 171
6 595
11 640

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44510
₽41385
₽31727
₽29739
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
20 567
pensions
-
-
-
21 200
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 525
surtax
-
-
-
2 588
total
-
-
-
52 109
Employee
33 216
-
87 568
-
other
-
-
-
-
health
848
-
2 234
-
surtax
109
-
2 343
-
income
5 568
-
19 152
-
pensions
2 215
-
5 840
-
unemployment
2 312
-
6 096
-
total
11 052
-
35 665
-
Employer
33 216
-
87 568
-
other
-
-
-
-
unemployment
1 052
-
2 775
-
pensions
4 428
-
11 673
-
health
1 512
-
3 984
-
total
6 992
-
18 432
-
Corporate
65 793
106 000
-
-
income
17 105
27 560
-
-
total
17 105
27 560
-
-
Dividends
48 687
78 440
-
-
withholding
7 302
11 766
-
-
total
7 302
11 766
-
-
Income
106 000
106 000
106 000
106 000
Total tax
42 451
39 326
54 097
52 109
After tax
63 549
66 674
51 903
53 891
Living cost
22 164
22 164
22 164
22 164
Free-cash
41 385
44 510
29 739
31 727

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31171
₽25686
₽29763
₽20373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
22 782
pensions
-
-
-
7 613
total
-
-
-
30 395
Employee
63 626
-
93 250
-
health
924
-
1 529
-
income
11 459
-
16 553
-
pensions
5 400
-
8 956
-
total
17 783
-
27 038
-
Employer
63 626
-
93 250
-
pensions
6 887
-
10 975
-
health
1 209
-
1 772
-
total
8 096
-
12 747
-
Corporate
34 278
106 000
-
-
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.

6 512
20 141
-
-
total
6 512
20 141
-
-
Dividends
27 766
85 859
-
-
withholding
2 081
8 846
-
-
total
2 081
8 846
-
-
Income
106 000
106 000
106 000
106 000
Total tax
34 472
28 987
39 785
30 395
After tax
71 528
77 013
66 215
75 605
Living cost
45 842
45 842
45 842
45 842
Free-cash
25 686
31 171
20 373
29 763

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27918
₽4768
₽11814
₽6562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
city
-
-
-
1 116
pensions
-
-
-
9 751
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.

-
-
-
2 121
regional
-
-
-
3 798
health
-
-
-
249
national
-
-
-
761
total
-
-
-
17 796
Employee
89 396
-
94 874
-
city
959
-
1 018
-
regional
2 927
-
3 224
-
health
202
-
214
-
pensions
7 510
-
7 968
-
unemployment
-
-
-
-
national
423
-
545
-
total
12 021
-
12 969
-
Employer
89 396
-
94 874
-
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.

1 787
-
1 897
-
unemployment
-
-
-
-
pensions
7 510
-
7 968
-
health
202
-
214
-
total
9 499
-
10 079
-
Corporate
6 121
106 000
-
-
regional
1 295
22 419
-
-
national
520
9 009
-
-
total
1 815
31 428
-
-
Dividends
4 307
74 571
-
-
withholding
1 507
26 100
-
-
total
1 507
26 100
-
-
Income
106 000
106 000
106 000
106 000
Total tax
24 842
57 528
23 048
17 796
After tax
81 158
48 472
82 952
88 204
Living cost
76 390
76 390
76 390
76 390
Free-cash
4 768
-27 918
6 562
11 814

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6476
₽22764
₽18558
₽28729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
trade
-
-
-
10 171
income

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

-
-
-
23 125
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.

-
-
-
6 862
surtax

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

-
-
-
1 271
total
-
-
-
41 429
Employee

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

60 364
-
106 000
-
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.

6 862
-
6 862
-
surtax

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

391
-
1 271
-
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.

7 098
-
23 125
-
total
14 351
-
31 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 636
106 000
-
-
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.

377
875
-
-
income
6 845
15 901
-
-
trade
7 826
18 178
-
-
chamber of commerce
217
301
-
-
total
15 265
35 255
-
-
Dividends
30 370
70 745
-
-
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.

396
951
-
-
withholding
7 211
17 305
-
-
total
7 607
18 256
-
-
Income
106 000
106 000
106 000
106 000
Total tax
37 223
53 511
31 258
41 429
After tax
68 777
52 489
74 742
64 571
Living cost
46 013
46 013
46 013
46 013
Free-cash
22 764
6 476
28 729
18 558

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽19059
₽24990
₽26515
₽31674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
10 879
pensions
-
-
-
25 662
other
-
-
-
3 292
health
-
-
-
2 268
surtax
-
-
-
-
social contributions
-
-
-
3 019
total
-
-
-
45 120
Employee
42 988
-
85 805
-
social contributions
1 226
-
2 444
-
surtax
-
-
-
-
income
2 537
-
13 049
-
pensions
4 861
-
4 273
-
total
8 624
-
19 766
-
Employer
42 988
-
85 805
-
other
1 483
-
2 960
-
social contributions
130
-
257
-
unemployment
1 740
-
3 475
-
pensions
7 062
-
7 497
-
health
3 010
-
6 006
-
total
13 425
-
20 195
-
Corporate
49 588
106 000
-
-
surtax
-
-
-
-
income
13 884
29 680
-
-
total
13 884
29 680
-
-
Dividends
35 704
76 320
-
-
surtax
-
-
-
-
social contributions
6 141
13 127
-
-
withholding
4 571
9 769
-
-
total
10 712
22 896
-
-
Income
106 000
106 000
106 000
106 000
Total tax
46 645
52 576
39 961
45 120
After tax
59 355
53 424
66 039
60 880
Living cost
34 365
34 365
34 365
34 365
Free-cash
24 990
19 059
31 674
26 515

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22464
₽28046
₽29920
₽35079
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
10 879
pensions
-
-
-
25 662
other
-
-
-
3 292
health
-
-
-
2 268
surtax
-
-
-
-
social contributions
-
-
-
3 019
total
-
-
-
45 120
Employee
38 373
-
85 805
-
social contributions
1 094
-
2 444
-
surtax
-
-
-
-
income
1 979
-
13 049
-
pensions
4 340
-
4 273
-
total
7 413
-
19 766
-
Employer
38 373
-
85 805
-
other
1 325
-
2 960
-
social contributions
114
-
257
-
unemployment
1 553
-
3 475
-
pensions
6 305
-
7 497
-
health
2 686
-
6 006
-
total
11 983
-
20 195
-
Corporate
55 644
106 000
-
-
surtax
-
-
-
-
income
15 580
29 680
-
-
total
15 580
29 680
-
-
Dividends
40 063
76 320
-
-
surtax
-
-
-
-
social contributions
6 891
13 127
-
-
withholding
5 127
9 769
-
-
total
12 018
22 896
-
-
Income
106 000
106 000
106 000
106 000
Total tax
46 994
52 576
39 961
45 120
After tax
59 006
53 424
66 039
60 880
Living cost
30 960
30 960
30 960
30 960
Free-cash
28 046
22 464
35 079
29 920

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽43367
₽43892
₽46774
₽46673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
15 901
health
-
-
-
7 399
social contributions
-
-
-
14 627
total
-
-
-
37 927
Employee
34 056
-
106 000
-
social contributions
4 700
-
14 627
-
health
2 377
-
7 399
-
income
5 680
-
16 002
-
total
12 757
-
38 028
-
Employer
34 056
-
106 000
-
total
-
-
-
-
Corporate
71 944
106 000
-
-
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%.

3 597
5 301
-
-
total
3 597
5 301
-
-
Dividends
68 347
100 699
-
-
health
4 771
7 030
-
-
social contributions
9 431
13 897
-
-
withholding
10 253
15 106
-
-
total
24 455
36 033
-
-
Income
106 000
106 000
106 000
106 000
Total tax
40 809
41 334
38 028
37 927
After tax
65 191
64 666
67 972
68 073
Living cost
21 299
21 299
21 299
21 299
Free-cash
43 892
43 367
46 673
46 774

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23934
₽22379
₽17826
-₽3947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
chamber of commerce
-
-
-
423
income
-
-
-
18 283
pensions
-
-
-
19 610
unemployment
-
-
-
6 160
health
-
-
-
8 108
surtax
-
-
-
198
total
-
-
-
52 782
Employee
50 197
40 028
82 159
-
other
501
400
822
-
health
1 942
1 550
3 179
-
income
5 714
2 953
16 249
-
pensions
5 141
4 098
8 413
-
unemployment
1 506
1 201
2 465
-
total
14 804
10 202
31 128
-
Employer
50 197
40 028
82 159
-
accident
652
520
1 067
-
other
2 385
1 900
3 902
-
chamber of commerce
200
160
328
-
unemployment
1 506
1 201
2 465
-
surtax
198
198
198
-
pensions
6 300
5 024
10 310
-
payroll
1 506
1 201
2 465
-
health
1 897
1 513
3 105
-
total
14 644
11 717
23 840
-
Corporate
41 161
54 254
78 348
-
income

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

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

10 291
13 564
19 587
-
total
10 291
13 564
19 587
-
Dividends
30 870
40 690
-
-
withholding
8 490
11 191
-
-
total
8 490
11 191
-
-
Income
106 000
106 000
106 000
106 000
Total tax
48 229
46 674
74 555
52 782
After tax
57 771
59 326
31 445
53 218
Living cost
35 392
35 392
35 392
35 392
Free-cash
22 379
23 934
-3 947
17 826

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22807
₽7741
₽12485
₽4367
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
national
-
-
-
34 706
communal

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

-
-
-
5 350
social contributions
-
-
-
16 836
total
-
-
-
56 892
Employee

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

71 847
-
82 101
-
communal

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

3 747
-
4 283
-
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.

3 376
-
3 858
-
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.

5 389
-
6 157
-
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.

625
-
715
-
national
22 089
-
26 099
-
total
35 226
-
41 112
-
Employer

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

71 847
-
82 101
-
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.

934
-
1 067
-
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.

1 048
-
1 199
-
surtax
8 147
-
9 309
-
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.

6 366
-
7 274
-
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.

4 418
-
5 049
-
total
20 913
-
23 898
-
Corporate
13 239
106 000
-
-
surtax
53
423
-
-
income
2 648
21 200
-
-
total
2 701
21 623
-
-
Dividends
10 538
84 377
-
-
withholding

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

2 796
24 947
-
-
total
2 796
24 947
-
-
Income
106 000
106 000
106 000
106 000
Total tax
61 636
46 570
65 010
56 892
After tax
44 364
59 430
40 990
49 108
Living cost
36 623
36 623
36 623
36 623
Free-cash
7 741
22 807
4 367
12 485

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35132
₽27132
₽21103
₽19341
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
839
income
-
-
-
20 693
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
48 623
Employee
49 998
-
80 376
-
other
50
-
80
-
income
10 549
-
19 657
-
pensions
2 350
-
3 778
-
unemployment
776
-
1 247
-
total
13 725
-
24 762
-
Employer
49 998
-
80 376
-
accident
989
-
1 592
-
other
398
-
642
-
unemployment
2 750
-
4 420
-
pensions
11 799
-
18 969
-
total
15 936
-
25 623
-
Corporate
40 065
106 000
-
-
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.

6 010
15 901
-
-
total
6 010
15 901
-
-
Dividends
34 055
90 099
-
-
withholding
6 923
18 693
-
-
total
6 923
18 693
-
-
Income
106 000
106 000
106 000
106 000
Total tax
42 594
34 594
50 385
48 623
After tax
63 406
71 406
55 615
57 377
Living cost
36 274
36 274
36 274
36 274
Free-cash
27 132
35 132
19 341
21 103

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10097
₽2992
₽5341
₽9927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
894
income
-
-
-
9 893
pensions
-
-
-
15 887
health
-
-
-
7 445
surtax
-
-
-
5 255
communal
-
-
-
6 700
total
-
-
-
46 074
Employee
76 064
-
94 685
-
health
3 385
-
4 212
-
surtax
4 662
-
5 802
-
income
7 347
-
12 584
-
pensions
6 084
-
7 575
-
total
21 478
-
30 173
-
Employer
76 064
-
94 685
-
accident
684
-
852
-
pensions
6 084
-
7 575
-
health
2 320
-
2 888
-
total
9 088
-
11 315
-
Corporate
20 847
106 000
-
-
surtax
219
1 113
-
-
communal
-
7 155
-
-
income
3 128
15 901
-
-
total
3 347
24 169
-
-
Dividends
17 500
81 831
-
-
income
11 885
4 874
-
-
withholding
2 625
12 275
-
-
total
14 510
17 149
-
-
Income
106 000
106 000
106 000
106 000
Total tax
48 423
41 318
41 488
46 074
After tax
57 577
64 682
64 512
59 926
Living cost
54 585
54 585
54 585
54 585
Free-cash
2 992
10 097
9 927
5 341

Estimated living cost  is ₽54585 per week

₽40947
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.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44113
₽40918
₽31330
₽29342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
20 567
pensions
-
-
-
21 200
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 525
surtax
-
-
-
2 588
total
-
-
-
52 109
Employee
33 826
-
87 568
-
other
-
-
-
-
health
863
-
2 234
-
surtax
120
-
2 343
-
income
5 671
-
19 152
-
pensions
2 257
-
5 840
-
unemployment
2 354
-
6 096
-
total
11 265
-
35 665
-
Employer
33 826
-
87 568
-
other
-
-
-
-
unemployment
1 073
-
2 775
-
pensions
4 510
-
11 673
-
health
1 538
-
3 984
-
total
7 121
-
18 432
-
Corporate
65 053
106 000
-
-
income
16 915
27 560
-
-
total
16 915
27 560
-
-
Dividends
48 139
78 440
-
-
withholding
7 220
11 766
-
-
total
7 220
11 766
-
-
Income
106 000
106 000
106 000
106 000
Total tax
42 521
39 326
54 097
52 109
After tax
63 479
66 674
51 903
53 891
Living cost
22 561
22 561
22 561
22 561
Free-cash
40 918
44 113
29 342
31 330

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28658
₽26431
₽26548
₽21527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
629
regional
-
-
-
1 598
national
-
-
-
22 905
social contributions
-
-
-
27 263
total
-
-
-
52 395
Employee
55 717
-
106 000
-
social contributions
18 788
-
35 743
-
regional
750
-
1 427
-
municipal
295
-
562
-
national
8 827
-
19 684
-
total
28 660
-
57 416
-
Employer
55 717
-
106 000
-
total
-
-
-
-
Corporate
50 283
106 000
-
-
nationa
12 067
25 441
-
-
municipal
2 499
5 268
-
-
total
14 566
30 709
-
-
Dividends
35 717
75 291
-
-
withholding
9 286
19 576
-
-
total
9 286
19 576
-
-
Income
106 000
106 000
106 000
106 000
Total tax
52 512
50 285
57 416
52 395
After tax
53 488
55 715
48 584
53 605
Living cost
27 057
27 057
27 057
27 057
Free-cash
26 431
28 658
21 527
26 548

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43383
₽32824
₽22029
₽24193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
9 111
health
-
-
-
14 310
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 952
total
-
-
-
54 373
Employee
43 526
-
79 105
-
social contributions
2 829
-
5 142
-
health
5 876
-
10 679
-
solidarity contribution
-
-
-
-
income
5 223
-
9 493
-
total
13 928
-
25 314
-
Employer
43 526
-
79 105
-
social contributions
10 882
-
19 776
-
health
3 917
-
7 119
-
total
14 799
-
26 895
-
Corporate
47 675
106 000
-
-
income
9 058
20 140
-
-
total
9 058
20 140
-
-
Dividends
38 617
85 860
-
-
withholding
5 793
12 879
-
-
total
5 793
12 879
-
-
Income
106 000
106 000
106 000
106 000
Total tax
43 578
33 019
52 209
54 373
After tax
62 422
72 981
53 791
51 627
Living cost
29 598
29 598
29 598
29 598
Free-cash
32 824
43 383
24 193
22 029

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27390
₽26894
₽21371
-₽560
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
chamber of commerce
-
-
-
423
income
-
-
-
18 283
pensions
-
-
-
19 610
unemployment
-
-
-
6 160
health
-
-
-
8 108
surtax
-
-
-
-
total
-
-
-
52 584
Employee
43 906
40 028
82 309
-
other
438
400
823
-
health
1 698
1 550
3 185
-
income
3 911
2 953
16 301
-
pensions
4 496
4 098
8 429
-
unemployment
1 317
1 201
2 468
-
total
11 860
10 202
31 206
-
Employer
43 906
40 028
82 309
-
accident
570
520
1 069
-
other
2 085
1 900
3 909
-
chamber of commerce
175
160
330
-
unemployment
1 317
1 201
2 468
-
surtax
-
-
-
-
pensions
5 511
5 024
10 329
-
payroll
1 317
1 201
2 468
-
health
1 660
1 513
3 111
-
total
12 635
11 519
23 684
-
Corporate
49 458
54 452
78 503
-
income

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

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

12 365
13 613
19 625
-
total
12 365
13 613
19 625
-
Dividends
37 093
40 838
-
-
withholding
10 201
11 231
-
-
total
10 201
11 231
-
-
Income
106 000
106 000
106 000
106 000
Total tax
47 061
46 565
74 515
52 584
After tax
58 939
59 435
31 485
53 416
Living cost
32 045
32 045
32 045
32 045
Free-cash
26 894
27 390
-560
21 371

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86519
₽83861
₽90759
₽70619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
106 000
microenterprise

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

-
-
-
1 060
total
-
-
-
1 060
Employee
17 726
-
106 000
-
income
3 545
-
21 200
-
total
3 545
-
21 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 274
106 000
-
-
total
-
-
-
-
Dividends
88 274
106 000
-
-
withholding
4 413
5 300
-
-
total
4 413
5 300
-
-
Income
106 000
106 000
106 000
106 000
Total tax
7 958
5 300
21 200
1 060
After tax
98 042
100 700
84 800
104 940
Living cost
14 181
14 181
14 181
14 181
Free-cash
83 861
86 519
70 619
90 759

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
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.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46040
₽37639
₽27659
₽24622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
income
-
-
-
21 454
pensions
-
-
-
19 358
unemployment
-
-
-
158
health
-
-
-
10 430
total
-
-
-
51 400
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.

44 416
-
91 718
-
health
2 869
-
5 924
-
income
7 659
-
19 889
-
pensions
6 885
-
14 216
-
unemployment
63
-
128
-
total
17 476
-
40 157
-
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.

44 416
-
91 718
-
unemployment
27
-
55
-
pensions
3 930
-
8 116
-
health
2 958
-
6 109
-
total
6 915
-
14 280
-
Corporate
54 669
106 000
-
-
income
10 386
20 140
-
-
total
10 386
20 140
-
-
Dividends
44 282
85 860
-
-
withholding
6 643
12 879
-
-
total
6 643
12 879
-
-
Income
106 000
106 000
106 000
106 000
Total tax
41 420
33 019
54 437
51 400
After tax
64 580
72 981
51 563
54 600
Living cost
26 941
26 941
26 941
26 941
Free-cash
37 639
46 040
24 622
27 659

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20928
-₽44533
₽29692
₽49156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
20 662
social contributions
-
-
-
12 084
total
-
-
-
32 746
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
106 000
-
-
income
-
23 320
-
-
total
-
23 320
-
-
Dividends
-
82 680
-
-
income
-
18 190
-
-
total
-
18 190
-
-
Income
106 000
106 000
106 000
106 000
Total tax
106 971
41 510
13 282
32 746
After tax
-971
64 490
92 718
73 254
Living cost
43 562
43 562
43 562
43 562
Free-cash
-44 533
20 928
49 156
29 692

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28788
₽27775
₽27507
₽21776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
income
-
-
-
10 152
surtax
-
-
-
-
social contributions

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

-
-
-
36 835
total
-
-
-
46 987
Employee
46 196
-
85 656
-
social contributions
5 082
-
9 422
-
surtax
-
-
-
-
income
9 609
-
22 952
-
total
14 691
-
32 374
-
Employer
46 196
-
85 656
-
social contributions
10 971
-
20 344
-
total
10 971
-
20 344
-
Corporate
48 833
106 000
-
-
surtax
-
-
-
-
income
10 255
22 259
-
-
total
10 255
22 259
-
-
Dividends
38 578
83 741
-
-
withholding
10 802
23 447
-
-
total
10 802
23 447
-
-
Income
106 000
106 000
106 000
106 000
Total tax
46 719
45 706
52 718
46 987
After tax
59 281
60 294
53 282
59 013
Living cost
31 506
31 506
31 506
31 506
Free-cash
27 775
28 788
21 776
27 507

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4912
₽11816
₽12368
₽17527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
10 879
pensions
-
-
-
25 662
other
-
-
-
3 292
health
-
-
-
2 268
surtax
-
-
-
-
social contributions
-
-
-
3 019
total
-
-
-
45 120
Employee
62 909
-
85 805
-
social contributions
1 792
-
2 444
-
surtax
-
-
-
-
income
5 489
-
13 049
-
pensions
7 115
-
4 273
-
total
14 396
-
19 766
-
Employer
62 909
-
85 805
-
other
2 171
-
2 960
-
social contributions
189
-
257
-
unemployment
2 548
-
3 475
-
pensions
10 337
-
7 497
-
health
4 403
-
6 006
-
total
19 648
-
20 195
-
Corporate
23 443
106 000
-
-
surtax
-
-
-
-
income
6 565
29 680
-
-
total
6 565
29 680
-
-
Dividends
16 878
76 320
-
-
surtax
-
-
-
-
social contributions
2 903
13 127
-
-
withholding
2 160
9 769
-
-
total
5 063
22 896
-
-
Income
106 000
106 000
106 000
106 000
Total tax
45 672
52 576
39 961
45 120
After tax
60 328
53 424
66 039
60 880
Living cost
48 512
48 512
48 512
48 512
Free-cash
11 816
4 912
17 527
12 368

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65207
₽61833
₽50319
₽53136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
2 169
social contributions
-
-
-
23 319
total
-
-
-
25 488
Employee
32 291
-
91 775
-
income
-
-
2 482
-
social contributions
2 099
-
5 964
-
total
2 099
-
8 446
-
Employer
32 291
-
91 775
-
social contributions
5 005
-
14 225
-
total
5 005
-
14 225
-
Corporate
68 703
106 000
-
-
income
6 870
10 600
-
-
total
6 870
10 600
-
-
Dividends
61 834
95 400
-
-
total
-
-
-
-
Income
106 000
106 000
106 000
106 000
Total tax
13 974
10 600
22 671
25 488
After tax
92 026
95 400
83 329
80 512
Living cost
30 193
30 193
30 193
30 193
Free-cash
61 833
65 207
53 136
50 319

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
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.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽112840
-₽112840
₽17045
-₽112840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
19 974
pensions
-
-
-
871
national
-
-
-
11 327
labour market
-
-
-
8 410
total
-
-
-
40 582
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
106 000
106 000
106 000
106 000
Total tax
170 467
170 467
170 467
40 582
After tax
-64 467
-64 467
-64 467
65 418
Living cost
48 373
48 373
48 373
48 373
Free-cash
-112 840
-112 840
-112 840
17 045

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13134
₽5256
₽50997
₽33381
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
253
income
-
-
-
26 305
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 283
Employee
34 167
-
91 203
-
health
3 912
-
10 442
-
income
4 687
-
18 015
-
pensions
3 847
-
7 645
-
total
12 446
-
36 102
-
Employer
34 167
-
91 203
-
accident
571
-
1 523
-
unemployment
837
-
2 234
-
pensions
5 555
-
11 040
-
total
6 963
-
14 797
-
Corporate
64 870
106 000
-
-
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.

58 383
95 400
-
-
total
58 383
95 400
-
-
Dividends
6 487
10 600
-
-
withholding
1 232
2 014
-
-
total
1 232
2 014
-
-
Income
106 000
106 000
106 000
106 000
Total tax
79 024
97 414
50 899
33 283
After tax
26 976
8 586
55 101
72 717
Living cost
21 720
21 720
21 720
21 720
Free-cash
5 256
-13 134
33 381
50 997

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31491
₽29884
₽36086
₽21468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
106 000
municipal
-
-
-
18 863
health
-
-
-
1 212
national
-
-
-
11 276
total
-
-
-
31 351
Employee
52 845
-
89 173
-
health
395
-
955
-
municipal
8 656
-
14 555
-
pensions
3 566
-
6 019
-
unemployment
793
-
1 338
-
national
873
-
6 275
-
total
14 283
-
29 142
-
Employer
52 845
-
89 173
-
accident
53
-
90
-
unemployment
343
-
579
-
pensions
9 168
-
15 472
-
health
406
-
686
-
total
9 970
-
16 827
-
Corporate
43 184
106 000
-
-
income
8 636
21 200
-
-
total
8 636
21 200
-
-
Dividends

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

25 911
63 600
-
-
national
-
3 298
-
-
municipal
4 664
11 448
-
-
total
4 664
14 746
-
-
Income
106 000
106 000
106 000
106 000
Total tax
37 553
35 946
45 969
31 351
After tax
68 447
70 054
60 031
74 649
Living cost
38 563
38 563
38 563
38 563
Free-cash
29 884
31 491
21 468
36 086

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54304
₽48837
₽51382
₽51077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
12 409
health
-
-
-
2 703
social contributions
-
-
-
16 251
total
-
-
-
31 363
Employee
77 236
77 236
96 233
-
social contributions
2 920
6 410
7 987
-
health
599
1 313
1 635
-
income
8 410
7 150
12 279
-
total
11 929
14 873
21 901
-
Employer
77 236
77 236
96 233
-
social contributions
2 920
6 410
7 987
-
health
650
1 430
1 780
-
total
3 570
7 840
9 767
-
Corporate
67 246
20 925
-
-
income
8 406
2 615
-
-
total
8 406
2 615
-
-
Dividends
58 840
18 309
-
-
withholding
10 003
3 113
-
-
total
10 003
3 113
-
-
Income
106 000
106 000
106 000
106 000
Total tax
33 908
28 441
31 668
31 363
After tax
72 092
77 559
74 332
74 637
Living cost
23 255
23 255
23 255
23 255
Free-cash
48 837
54 304
51 077
51 382

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71831
₽66723
₽69800
₽49654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
106 000
income
-
-
-
10 200
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
20 253
Employee

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

23 055
-
96 184
-
health
1 959
-
8 101
-
income
1 576
-
7 708
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
30 582
-
Employer

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

23 055
-
96 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
80 572
106 000
-
-
income
7 251
9 540
-
-
total
7 251
9 540
-
-
Dividends
73 321
96 460
-
-
withholding
6 599
8 682
-
-
total
6 599
8 682
-
-
Income
106 000
106 000
106 000
106 000
Total tax
23 330
18 222
40 399
20 253
After tax
82 670
87 778
65 601
85 747
Living cost
15 947
15 947
15 947
15 947
Free-cash
66 723
71 831
49 654
69 800

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43785
₽38518
₽29756
₽27994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
839
income
-
-
-
20 693
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
48 623
Employee
37 140
-
80 376
-
other
36
-
80
-
income
7 160
-
19 657
-
pensions
1 746
-
3 778
-
unemployment
576
-
1 247
-
total
9 518
-
24 762
-
Employer
37 140
-
80 376
-
accident
736
-
1 592
-
other
297
-
642
-
unemployment
2 043
-
4 420
-
pensions
8 764
-
18 969
-
total
11 840
-
25 623
-
Corporate
57 020
106 000
-
-
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.

8 553
15 901
-
-
total
8 553
15 901
-
-
Dividends
48 467
90 099
-
-
withholding
9 950
18 693
-
-
total
9 950
18 693
-
-
Income
106 000
106 000
106 000
106 000
Total tax
39 861
34 594
50 385
48 623
After tax
66 139
71 406
55 615
57 377
Living cost
27 621
27 621
27 621
27 621
Free-cash
38 518
43 785
27 994
29 756

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63393
₽62940
₽64533
₽64337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
35 254
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
38 716
Employee
4 190
-
103 743
-
health
210
-
502
-
income
811
-
35 149
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
36 654
-
Employer
4 190
-
103 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
100 867
106 000
-
-
income
22 191
23 320
-
-
total
22 191
23 320
-
-
Dividends
78 676
82 680
-
-
withholding
15 735
16 536
-
-
total
15 735
16 536
-
-
Income
106 000
106 000
106 000
106 000
Total tax
40 309
39 856
38 912
38 716
After tax
65 691
66 144
67 088
67 284
Living cost
2 751
2 751
2 751
2 751
Free-cash
62 940
63 393
64 337
64 533

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59215
₽54274
₽39381
₽39380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
income
-
-
-
21 191
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
49 249
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.

26 193
-
92 713
-
health
1 349
-
3 823
-
income
3 610
-
21 191
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
35 963
-
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.

26 193
-
92 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
75 119
106 000
-
-
income
11 268
15 900
-
-
total
11 268
15 900
-
-
Dividends
63 851
90 100
-
-
withholding
9 578
13 515
-
-
total
9 578
13 515
-
-
Income
106 000
106 000
106 000
106 000
Total tax
34 356
29 415
49 250
49 249
After tax
71 644
76 585
56 750
56 751
Living cost
17 370
17 370
17 370
17 370
Free-cash
54 274
59 215
39 380
39 381

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33215
₽32852
₽31934
₽26203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
income
-
-
-
10 152
surtax
-
-
-
-
social contributions

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

-
-
-
36 835
total
-
-
-
46 987
Employee
38 984
-
85 656
-
social contributions
4 289
-
9 422
-
surtax
-
-
-
-
income
7 617
-
22 952
-
total
11 906
-
32 374
-
Employer
38 984
-
85 656
-
social contributions
9 258
-
20 344
-
total
9 258
-
20 344
-
Corporate
57 758
106 000
-
-
surtax
-
-
-
-
income
12 128
22 259
-
-
total
12 128
22 259
-
-
Dividends
45 630
83 741
-
-
withholding
12 777
23 447
-
-
total
12 777
23 447
-
-
Income
106 000
106 000
106 000
106 000
Total tax
46 069
45 706
52 718
46 987
After tax
59 931
60 294
53 282
59 013
Living cost
27 079
27 079
27 079
27 079
Free-cash
32 852
33 215
26 203
31 934

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
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.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36106
₽28445
₽22077
₽20315
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
839
income
-
-
-
20 693
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
48 623
Employee
48 509
-
80 376
-
other
48
-
80
-
income
10 132
-
19 657
-
pensions
2 280
-
3 778
-
unemployment
751
-
1 247
-
total
13 211
-
24 762
-
Employer
48 509
-
80 376
-
accident
961
-
1 592
-
other
389
-
642
-
unemployment
2 669
-
4 420
-
pensions
11 448
-
18 969
-
total
15 467
-
25 623
-
Corporate
42 025
106 000
-
-
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.

6 303
15 901
-
-
total
6 303
15 901
-
-
Dividends
35 721
90 099
-
-
withholding
7 274
18 693
-
-
total
7 274
18 693
-
-
Income
106 000
106 000
106 000
106 000
Total tax
42 255
34 594
50 385
48 623
After tax
63 745
71 406
55 615
57 377
Living cost
35 300
35 300
35 300
35 300
Free-cash
28 445
36 106
20 315
22 077

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73354
₽67235
₽63458
₽66849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
15 900
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
25 266
Employee
22 876
-
99 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
9 912
-
pensions

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

2 008
-
3 080
-
total
5 599
-
14 992
-
Employer
22 876
-
99 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
78 635
106 000
-
-
income
7 864
10 600
-
-
total
7 864
10 600
-
-
Dividends
70 771
95 400
-
-
withholding
3 538
4 770
-
-
total
3 538
4 770
-
-
Income
106 000
106 000
106 000
106 000
Total tax
21 489
15 370
21 875
25 266
After tax
84 511
90 630
84 125
80 734
Living cost
17 276
17 276
17 276
17 276
Free-cash
67 235
73 354
66 849
63 458

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15888
₽29029
₽27455
₽35964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
trade
-
-
-
8 509
income

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

-
-
-
23 125
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.

-
-
-
6 862
surtax

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

-
-
-
1 271
total
-
-
-
39 767
Employee

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

49 976
-
106 000
-
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.

6 862
-
6 862
-
surtax

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

227
-
1 271
-
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.

4 110
-
23 125
-
total
11 199
-
31 258
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 024
106 000
-
-
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.

461
875
-
-
income
8 404
15 901
-
-
trade
8 040
15 211
-
-
chamber of commerce
234
309
-
-
total
17 139
32 296
-
-
Dividends
38 884
73 705
-
-
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.

515
993
-
-
withholding
9 340
18 045
-
-
total
9 855
19 038
-
-
Income
106 000
106 000
106 000
106 000
Total tax
38 193
51 334
31 258
39 767
After tax
67 807
54 666
74 742
66 233
Living cost
38 778
38 778
38 778
38 778
Free-cash
29 029
15 888
35 964
27 455

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16984
₽19201
₽13440
₽13440
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
25 799
social contributions
-
-
-
9 544
total
-
-
-
35 343
Employee
78 569
-
106 000
-
income
14 826
-
25 799
-
social contributions
6 527
-
9 544
-
total
21 353
-
35 343
-
Employer
78 569
-
106 000
-
total
-
-
-
-
Corporate
27 431
106 000
-
-
income
3 429
13 249
-
-
total
3 429
13 249
-
-
Dividends
24 002
92 751
-
-
withholding
4 800
18 550
-
-
total
4 800
18 550
-
-
Income
106 000
106 000
106 000
106 000
Total tax
29 582
31 799
35 343
35 343
After tax
76 418
74 201
70 657
70 657
Living cost
57 217
57 217
57 217
57 217
Free-cash
19 201
16 984
13 440
13 440

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27132
₽30642
₽34218
₽41474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
101 380
-
income
5 000
-
18 825
-
social contributions
4 617
-
4 620
-
total
9 617
-
23 445
-
Employer
46 077
-
101 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
55 306
106 000
-
-
income
19 356
37 100
-
-
total
19 356
37 100
-
-
Dividends
35 950
68 900
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
106 000
106 000
106 000
106 000
Total tax
38 897
42 407
28 065
35 321
After tax
67 103
63 593
77 935
70 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
30 642
27 132
41 474
34 218

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽39745
₽36492
₽38337
₽28947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
income
-
-
-
22 782
pensions
-
-
-
7 613
total
-
-
-
30 395
Employee
51 156
-
93 250
-
health
667
-
1 529
-
income
9 316
-
16 553
-
pensions
3 904
-
8 956
-
total
13 887
-
27 038
-
Employer
51 156
-
93 250
-
pensions
5 168
-
10 975
-
health
972
-
1 772
-
total
6 140
-
12 747
-
Corporate
48 704
106 000
-
-
income

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

9 254
20 141
-
-
total
9 254
20 141
-
-
Dividends
39 450
85 859
-
-
withholding
2 959
8 846
-
-
total
2 959
8 846
-
-
Income
106 000
106 000
106 000
106 000
Total tax
32 240
28 987
39 785
30 395
After tax
73 760
77 013
66 215
75 605
Living cost
37 268
37 268
37 268
37 268
Free-cash
36 492
39 745
28 947
38 337

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15285
₽4925
₽48846
₽31230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
accident
-
-
-
253
income
-
-
-
26 305
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 283
Employee
37 549
-
91 203
-
health
4 299
-
10 442
-
income
5 151
-
18 015
-
pensions
4 228
-
7 645
-
total
13 678
-
36 102
-
Employer
37 549
-
91 203
-
accident
627
-
1 523
-
unemployment
920
-
2 234
-
pensions
6 105
-
11 040
-
total
7 652
-
14 797
-
Corporate
60 799
106 000
-
-
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.

54 719
95 400
-
-
total
54 719
95 400
-
-
Dividends
6 080
10 600
-
-
withholding
1 155
2 014
-
-
total
1 155
2 014
-
-
Income
106 000
106 000
106 000
106 000
Total tax
77 204
97 414
50 899
33 283
After tax
28 796
8 586
55 101
72 717
Living cost
23 871
23 871
23 871
23 871
Free-cash
4 925
-15 285
31 230
48 846

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75633
₽71650
₽46880
₽53944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 000
work injury
-
-
-
530
health insurance
-
-
-
7 844
income
-
-
-
16 404
pensions
-
-
-
19 504
unemployment
-
-
-
1 272
total
-
-
-
45 554
Employee

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

21 706
-
106 000
-
work injury
109
-
402
-
income
2 171
-
16 404
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
38 490
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 294
106 000
-
-
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%.

-
1 060
-
-
total
-
1 060
-
-
Dividends
84 294
104 940
-
-
withholding
12 644
15 741
-
-
total
12 644
15 741
-
-
Income
106 000
106 000
106 000
106 000
Total tax
20 784
16 801
38 490
45 554
After tax
85 216
89 199
67 510
60 446
Living cost
13 566
13 566
13 566
13 566
Free-cash
71 650
75 633
53 944
46 880

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15820
₽11251
₽12941
₽8092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 000
municipal
-
-
-
709
regional
-
-
-
2 168
national
-
-
-
22 905
social contributions
-
-
-
27 263
total
-
-
-
53 045
Employee
84 639
-
106 000
-
social contributions
28 540
-
35 743
-
regional
1 278
-
1 834
-
municipal
505
-
633
-
national
14 303
-
19 684
-
total
44 626
-
57 894
-
Employer
84 639
-
106 000
-
total
-
-
-
-
Corporate
21 361
106 000
-
-
nationa
5 127
25 441
-
-
municipal
1 029
5 108
-
-
total
6 156
30 549
-
-
Dividends
15 204
75 451
-
-
withholding
3 953
19 617
-
-
total
3 953
19 617
-
-
Income
106 000
106 000
106 000
106 000
Total tax
54 735
50 166
57 894
53 045
After tax
51 265
55 834
48 106
52 955
Living cost
40 014
40 014
40 014
40 014
Free-cash
11 251
15 820
8 092
12 941

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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