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
₽ 107000
per

Your estimated
City
free-cash

Dresden , Germany
₽23516
₽34680
₽35352
₽44815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
trade
-
-
-
9 463
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.

-
-
-
23 435
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.

-
-
-
6 894
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.

-
-
-
1 289
total
-
-
-
41 081
Employee

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

38 599
-
107 000
-
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.

6 894
-
6 894
-
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
-
1 289
-
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.

1 078
-
23 435
-
total
8 031
-
31 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 401
107 000
-
-
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.

565
883
-
-
income
10 259
16 051
-
-
trade
10 773
16 853
-
-
chamber of commerce
251
306
-
-
total
21 848
34 093
-
-
Dividends
46 553
72 907
-
-
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.

619
981
-
-
withholding
11 255
17 843
-
-
total
11 874
18 824
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 753
52 917
31 618
41 081
After tax
65 247
54 083
75 382
65 919
Living cost
30 567
30 567
30 567
30 567
Free-cash
34 680
23 516
44 815
35 352

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15774
₽14926
₽13397
₽14238
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
11 225
pensions
-
-
-
12 840
national
-
-
-
17 394
social contributions
-
-
-
1 150
total
-
-
-
42 609
Employee
79 050
-
92 501
-
municipal
9 764
-
11 639
-
pensions
3 162
-
3 700
-
national
15 130
-
18 035
-
total
28 056
-
33 374
-
Employer
79 050
-
92 501
-
social contributions
850
-
994
-
pensions
6 324
-
7 400
-
total
7 174
-
8 394
-
Corporate
15 559
107 000
-
-
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%.

3 112
21 400
-
-
total
3 112
21 400
-
-
Dividends
12 447
85 600
-
-
withholding
2 738
18 832
-
-
total
2 738
18 832
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 080
40 232
41 768
42 609
After tax
65 920
66 768
65 232
64 391
Living cost
50 994
50 994
50 994
50 994
Free-cash
14 926
15 774
14 238
13 397

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64606
₽56327
₽36056
₽39248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
microenterprise
-
-
-
-
income
-
-
-
15 548
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.

-
-
-
34 401
total
-
-
-
49 949
Employee
29 489
-
86 227
-
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.

3 244
-
9 486
-
surtax
-
-
-
-
income
5 249
-
16 500
-
total
8 493
-
25 986
-
Employer
29 489
-
86 227
-
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.

7 103
-
20 771
-
surtax
-
-
-
-
total
7 103
-
20 771
-
Corporate
70 408
107 000
-
-
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%.

14 082
21 399
-
-
total
14 082
21 399
-
-
Dividends

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

56 326
85 601
-
-
total
-
-
-
-
Income
107 000
107 000
107 000
107 000
Total tax
29 678
21 399
46 757
49 949
After tax
77 322
85 601
60 243
57 051
Living cost
20 995
20 995
20 995
20 995
Free-cash
56 327
64 606
39 248
36 056

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9645
₽3463
₽18422
₽11321
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
22 039
pensions
-
-
-
11 824
health
-
-
-
12 439
total
-
-
-
46 302
Employee
86 180
86 180
91 057
-
health
13 228
11 251
11 529
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 459
-
Employer
86 180
86 180
91 057
-
unemployment
3 102
3 102
3 279
-
pensions
5 998
5 998
6 337
-
health
5 990
5 990
6 328
-
total
15 090
15 090
15 944
-
Corporate
6 786
5 729
-
-
income
1 358
1 145
-
-
total
1 358
1 145
-
-
Dividends
5 428
4 584
-
-
income
1 153
975
-
-
withholding
814
688
-
-
total
1 967
1 663
-
-
Income
107 000
107 000
107 000
107 000
Total tax
61 261
55 079
53 403
46 302
After tax
45 739
51 921
53 597
60 698
Living cost
42 276
42 276
42 276
42 276
Free-cash
3 463
9 645
11 321
18 422

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19430
₽18555
₽18415
₽18002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
24 525
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
311
total
-
-
-
49 593
Employee
55 560
-
81 418
-
municipal
16 568
-
24 279
-
national
-
-
146
-
total
16 568
-
24 425
-
Employer
55 560
-
81 418
-
accident
111
-
163
-
other
6 456
-
9 461
-
unemployment
1 467
-
2 149
-
pensions
6 006
-
8 801
-
health
3 417
-
5 007
-
total
17 457
-
25 581
-
Corporate
33 983
107 000
-
-
income
7 476
23 540
-
-
total
7 476
23 540
-
-
Dividends
26 507
83 460
-
-
withholding
7 952
25 038
-
-
total
7 952
25 038
-
-
Income
107 000
107 000
107 000
107 000
Total tax
49 453
48 578
50 006
49 593
After tax
57 547
58 422
56 994
57 407
Living cost
38 992
38 992
38 992
38 992
Free-cash
18 555
19 430
18 002
18 415

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13886
₽28068
₽25853
₽35737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
trade
-
-
-
9 884
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.

-
-
-
23 435
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.

-
-
-
6 894
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.

-
-
-
1 289
total
-
-
-
41 502
Employee

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

51 178
-
107 000
-
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.

6 894
-
6 894
-
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.

241
-
1 289
-
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.

4 397
-
23 435
-
total
11 532
-
31 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 822
107 000
-
-
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.

460
883
-
-
income
8 373
16 051
-
-
trade
9 183
17 602
-
-
chamber of commerce
232
305
-
-
total
18 248
34 841
-
-
Dividends
37 575
72 160
-
-
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.

496
971
-
-
withholding
9 011
17 657
-
-
total
9 507
18 628
-
-
Income
107 000
107 000
107 000
107 000
Total tax
39 287
53 469
31 618
41 502
After tax
67 713
53 531
75 382
65 498
Living cost
39 645
39 645
39 645
39 645
Free-cash
28 068
13 886
35 737
25 853

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45552
₽41369
₽42597
₽42236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
12 613
health
-
-
-
2 729
social contributions
-
-
-
16 328
total
-
-
-
31 670
Employee
77 601
77 601
97 141
-
social contributions
3 771
6 441
8 063
-
health
772
1 320
1 651
-
income
8 149
7 184
12 458
-
total
12 692
14 945
22 172
-
Employer
77 601
77 601
97 141
-
social contributions
3 771
6 441
8 063
-
health
841
1 436
1 796
-
total
4 612
7 877
9 859
-
Corporate
56 964
21 522
-
-
income
7 120
2 691
-
-
total
7 120
2 691
-
-
Dividends
49 844
18 831
-
-
withholding
8 474
3 202
-
-
total
8 474
3 202
-
-
Income
107 000
107 000
107 000
107 000
Total tax
32 898
28 715
32 031
31 670
After tax
74 102
78 285
74 969
75 330
Living cost
32 733
32 733
32 733
32 733
Free-cash
41 369
45 552
42 236
42 597

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41920
₽42302
₽55788
₽43693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
13 081
pensions
-
-
-
10 700
unemployment
-
-
-
1 605
health
-
-
-
7 490
total
-
-
-
32 876
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.

26 469
10 534
89 540
-
health
1 853
737
6 268
-
income
3 236
1 288
10 946
-
pensions
2 647
1 053
8 954
-
unemployment
397
158
1 343
-
total
8 133
3 236
27 511
-
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.

26 469
10 534
89 540
-
pensions
5 161
2 054
17 460
-
total
5 161
2 054
17 460
-
Corporate
75 370
94 412
-
-
income
6 783
8 497
-
-
total
6 783
8 497
-
-
Dividends
68 587
85 915
-
-
social contributions
13 254
16 633
-
-
withholding
13 031
16 324
-
-
total
26 285
32 957
-
-
Income
107 000
107 000
107 000
107 000
Total tax
46 362
46 744
44 971
32 876
After tax
60 638
60 256
62 029
74 124
Living cost
18 336
18 336
18 336
18 336
Free-cash
42 302
41 920
43 693
55 788

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61226
₽54955
₽32979
₽37300
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
14 338
pensions
-
-
-
21 399
health
-
-
-
13 909
total
-
-
-
49 646
Employee
28 629
-
79 970
-
income
3 223
-
15 419
-
pensions
573
-
1 599
-
unemployment
458
-
1 279
-
total
4 254
-
18 297
-
Employer
28 629
-
79 970
-
unemployment
230
-
640
-
pensions
5 726
-
15 993
-
health
3 721
-
10 395
-
total
9 677
-
27 028
-
Corporate
68 694
107 000
-
-
income
13 739
21 399
-
-
total
13 739
21 399
-
-
Dividends
54 955
85 601
-
-
total
-
-
-
-
Income
107 000
107 000
107 000
107 000
Total tax
27 670
21 399
45 325
49 646
After tax
79 330
85 601
61 675
57 354
Living cost
24 375
24 375
24 375
24 375
Free-cash
54 955
61 226
37 300
32 979

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13405
₽5281
₽51326
₽33599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
253
income
-
-
-
26 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
33 602
Employee
34 721
-
92 150
-
health
3 975
-
10 551
-
income
4 763
-
18 274
-
pensions
3 910
-
7 654
-
total
12 648
-
36 479
-
Employer
34 721
-
92 150
-
accident
580
-
1 539
-
unemployment
851
-
2 258
-
pensions
5 646
-
11 053
-
total
7 077
-
14 850
-
Corporate
65 203
107 000
-
-
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.

58 683
96 300
-
-
total
58 683
96 300
-
-
Dividends
6 520
10 700
-
-
withholding
1 239
2 033
-
-
total
1 239
2 033
-
-
Income
107 000
107 000
107 000
107 000
Total tax
79 647
98 333
51 329
33 602
After tax
27 353
8 667
55 671
73 398
Living cost
22 072
22 072
22 072
22 072
Free-cash
5 281
-13 405
33 599
51 326

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽92570
₽90867
₽96850
₽76520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
107 000
microenterprise

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

-
-
-
1 070
total
-
-
-
1 070
Employee
11 349
-
107 000
-
income
2 270
-
21 400
-
total
2 270
-
21 400
-
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%.

95 651
107 000
-
-
total
-
-
-
-
Dividends
95 651
107 000
-
-
withholding
4 783
5 350
-
-
total
4 783
5 350
-
-
Income
107 000
107 000
107 000
107 000
Total tax
7 053
5 350
21 400
1 070
After tax
99 947
101 650
85 600
105 930
Living cost
9 080
9 080
9 080
9 080
Free-cash
90 867
92 570
76 520
96 850

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
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.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51721
₽44908
₽31026
₽35450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
13 613
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.

-
-
-
25 680
other
-
-
-
5 083
health
-
-
-
4 707
total
-
-
-
49 083
Employee
36 642
-
85 461
-
health
513
-
1 197
-
income
6 308
-
15 087
-
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.

2 564
-
5 983
-
unemployment
366
-
854
-
total
9 751
-
23 121
-
Employer
36 642
-
85 461
-
accident
293
-
684
-
other
1 833
-
4 275
-
unemployment
366
-
854
-
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.

6 230
-
14 528
-
health
513
-
1 197
-
total
9 235
-
21 538
-
Corporate
61 123
107 000
-
-
income
12 835
22 470
-
-
total
12 835
22 470
-
-
Dividends
48 288
84 530
-
-
withholding
3 380
5 918
-
-
total
3 380
5 918
-
-
Income
107 000
107 000
107 000
107 000
Total tax
35 201
28 388
44 659
49 083
After tax
71 799
78 612
62 341
57 917
Living cost
26 891
26 891
26 891
26 891
Free-cash
44 908
51 721
35 450
31 026

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10012
-₽1956
₽8590
-₽891
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
23 000
pensions
-
-
-
7 684
total
-
-
-
30 684
Employee
95 822
-
94 132
-
health
1 579
-
1 546
-
income
17 273
-
16 709
-
pensions
9 244
-
9 041
-
total
28 096
-
27 296
-
Employer
95 822
-
94 132
-
pensions
11 314
-
11 080
-
health
1 820
-
1 789
-
total
13 134
-
12 869
-
Corporate
-
107 000
-
-
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.

-
20 331
-
-
total
-
20 331
-
-
Dividends
-
86 669
-
-
withholding
-
8 931
-
-
total
-
8 931
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 230
29 262
40 165
30 684
After tax
65 770
77 738
66 835
76 316
Living cost
67 726
67 726
67 726
67 726
Free-cash
-1 956
10 012
-891
8 590

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽78246
₽73556
₽68294
₽71725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
16 050
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 467
Employee
17 531
-
100 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
10 008
-
pensions

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

1 539
-
3 097
-
total
4 291
-
15 115
-
Employer
17 531
-
100 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
86 029
107 000
-
-
income
8 603
10 700
-
-
total
8 603
10 700
-
-
Dividends
77 426
96 300
-
-
withholding
3 871
4 815
-
-
total
3 871
4 815
-
-
Income
107 000
107 000
107 000
107 000
Total tax
20 205
15 515
22 036
25 467
After tax
86 795
91 485
84 964
81 533
Living cost
13 239
13 239
13 239
13 239
Free-cash
73 556
78 246
71 725
68 294

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4040
-₽2946
₽4737
-₽2364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
22 039
pensions
-
-
-
11 824
health
-
-
-
12 439
total
-
-
-
46 302
Employee
93 564
86 180
91 057
-
health
11 673
11 251
11 529
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 459
-
Employer
93 564
86 180
91 057
-
unemployment
3 369
3 102
3 279
-
pensions
6 511
5 998
6 337
-
health
6 502
5 990
6 328
-
total
16 382
15 090
15 944
-
Corporate
-
5 729
-
-
income
-
1 145
-
-
total
-
1 145
-
-
Dividends
-
4 584
-
-
income
-
975
-
-
withholding
-
688
-
-
total
-
1 663
-
-
Income
107 000
107 000
107 000
107 000
Total tax
53 985
55 079
53 403
46 302
After tax
53 015
51 921
53 597
60 698
Living cost
55 961
55 961
55 961
55 961
Free-cash
-2 946
-4 040
-2 364
4 737

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49499
₽40877
₽27943
₽30127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
9 197
health
-
-
-
14 445
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 244
total
-
-
-
54 886
Employee
35 546
-
79 851
-
social contributions
2 310
-
5 190
-
health
4 799
-
10 780
-
solidarity contribution
-
-
-
-
income
4 265
-
9 582
-
total
11 374
-
25 552
-
Employer
35 546
-
79 851
-
social contributions
8 886
-
19 963
-
health
3 199
-
7 187
-
total
12 085
-
27 150
-
Corporate
59 369
107 000
-
-
income
11 280
20 330
-
-
total
11 280
20 330
-
-
Dividends
48 089
86 670
-
-
withholding
7 213
13 000
-
-
total
7 213
13 000
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 952
33 330
52 702
54 886
After tax
65 048
73 670
54 298
52 114
Living cost
24 171
24 171
24 171
24 171
Free-cash
40 877
49 499
30 127
27 943

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14504
₽9237
₽11913
₽6822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
636
regional
-
-
-
1 191
national
-
-
-
23 156
social contributions
-
-
-
27 520
total
-
-
-
52 503
Employee
89 690
-
107 000
-
social contributions
30 243
-
36 081
-
regional
846
-
1 044
-
municipal
475
-
567
-
national
15 541
-
19 902
-
total
47 105
-
57 594
-
Employer
89 690
-
107 000
-
total
-
-
-
-
Corporate
17 310
107 000
-
-
nationa
4 154
25 680
-
-
municipal
676
4 173
-
-
total
4 830
29 853
-
-
Dividends
12 480
77 147
-
-
withholding
3 244
20 059
-
-
total
3 244
20 059
-
-
Income
107 000
107 000
107 000
107 000
Total tax
55 179
49 912
57 594
52 503
After tax
51 821
57 088
49 406
54 497
Living cost
42 584
42 584
42 584
42 584
Free-cash
9 237
14 504
6 822
11 913

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45032
₽41895
₽32050
₽30075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
20 827
pensions
-
-
-
21 399
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 597
surtax
-
-
-
2 628
total
-
-
-
52 681
Employee
33 373
-
88 393
-
other
-
-
-
-
health
852
-
2 254
-
surtax
109
-
2 377
-
income
5 594
-
19 369
-
pensions
2 225
-
5 897
-
unemployment
2 323
-
6 151
-
total
11 103
-
36 048
-
Employer
33 373
-
88 393
-
other
-
-
-
-
unemployment
1 057
-
2 802
-
pensions
4 449
-
11 784
-
health
1 519
-
4 022
-
total
7 025
-
18 608
-
Corporate
66 602
107 000
-
-
income
17 316
27 821
-
-
total
17 316
27 821
-
-
Dividends
49 286
79 179
-
-
withholding
7 392
11 878
-
-
total
7 392
11 878
-
-
Income
107 000
107 000
107 000
107 000
Total tax
42 836
39 699
54 656
52 681
After tax
64 164
67 301
52 344
54 319
Living cost
22 269
22 269
22 269
22 269
Free-cash
41 895
45 032
30 075
32 050

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31469
₽25930
₽30047
₽20566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
23 000
pensions
-
-
-
7 684
total
-
-
-
30 684
Employee
64 218
-
94 132
-
health
932
-
1 546
-
income
11 566
-
16 709
-
pensions
5 451
-
9 041
-
total
17 949
-
27 296
-
Employer
64 218
-
94 132
-
pensions
6 952
-
11 080
-
health
1 220
-
1 789
-
total
8 172
-
12 869
-
Corporate
34 611
107 000
-
-
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.

6 577
20 331
-
-
total
6 577
20 331
-
-
Dividends
28 034
86 669
-
-
withholding
2 103
8 931
-
-
total
2 103
8 931
-
-
Income
107 000
107 000
107 000
107 000
Total tax
34 801
29 262
40 165
30 684
After tax
72 199
77 738
66 835
76 316
Living cost
46 269
46 269
46 269
46 269
Free-cash
25 930
31 469
20 566
30 047

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽27346
₽5288
₽12714
₽7413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
city
-
-
-
1 128
pensions
-
-
-
9 844
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.

-
-
-
2 139
regional
-
-
-
3 865
health
-
-
-
249
national
-
-
-
787
total
-
-
-
18 012
Employee
89 260
-
95 771
-
city
958
-
1 028
-
regional
2 923
-
3 283
-
health
202
-
215
-
pensions
7 499
-
8 044
-
unemployment
-
-
-
-
national
422
-
568
-
total
12 004
-
13 138
-
Employer
89 260
-
95 771
-
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.

1 785
-
1 916
-
unemployment
-
-
-
-
pensions
7 499
-
8 044
-
health
202
-
215
-
total
9 486
-
10 175
-
Corporate
7 273
107 000
-
-
regional
1 538
22 630
-
-
national
619
9 096
-
-
total
2 157
31 726
-
-
Dividends
5 116
75 274
-
-
withholding
1 791
26 346
-
-
total
1 791
26 346
-
-
Income
107 000
107 000
107 000
107 000
Total tax
25 438
58 072
23 313
18 012
After tax
81 562
48 928
83 687
88 988
Living cost
76 274
76 274
76 274
76 274
Free-cash
5 288
-27 346
7 413
12 714

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6748
₽23116
₽18848
₽29151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
trade
-
-
-
10 303
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.

-
-
-
23 435
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.

-
-
-
6 894
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.

-
-
-
1 289
total
-
-
-
41 921
Employee

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

60 650
-
107 000
-
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.

6 894
-
6 894
-
surtax

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

393
-
1 289
-
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.

7 132
-
23 435
-
total
14 419
-
31 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 350
107 000
-
-
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.

383
883
-
-
income
6 952
16 051
-
-
trade
7 950
18 351
-
-
chamber of commerce
218
305
-
-
total
15 503
35 590
-
-
Dividends
30 847
71 411
-
-
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.

402
961
-
-
withholding
7 329
17 470
-
-
total
7 731
18 431
-
-
Income
107 000
107 000
107 000
107 000
Total tax
37 653
54 021
31 618
41 921
After tax
69 347
52 979
75 382
65 079
Living cost
46 231
46 231
46 231
46 231
Free-cash
23 116
6 748
29 151
18 848

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19401
₽25363
₽26914
₽32054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
11 050
pensions
-
-
-
25 824
other
-
-
-
3 323
health
-
-
-
2 315
surtax
-
-
-
-
social contributions
-
-
-
3 047
total
-
-
-
45 559
Employee
43 191
-
86 591
-
social contributions
1 231
-
2 467
-
surtax
-
-
-
-
income
2 549
-
13 210
-
pensions
4 884
-
4 332
-
total
8 664
-
20 009
-
Employer
43 191
-
86 591
-
other
1 490
-
2 988
-
social contributions
130
-
260
-
unemployment
1 748
-
3 507
-
pensions
7 095
-
7 594
-
health
3 024
-
6 061
-
total
13 487
-
20 410
-
Corporate
50 320
107 000
-
-
surtax
-
-
-
-
income
14 089
29 960
-
-
total
14 089
29 960
-
-
Dividends
36 231
77 040
-
-
surtax
-
-
-
-
social contributions
6 232
13 251
-
-
withholding
4 638
9 861
-
-
total
10 870
23 112
-
-
Income
107 000
107 000
107 000
107 000
Total tax
47 110
53 072
40 419
45 559
After tax
59 890
53 928
66 581
61 441
Living cost
34 527
34 527
34 527
34 527
Free-cash
25 363
19 401
32 054
26 914

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22821
₽28429
₽30334
₽35474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
11 050
pensions
-
-
-
25 824
other
-
-
-
3 323
health
-
-
-
2 315
surtax
-
-
-
-
social contributions
-
-
-
3 047
total
-
-
-
45 559
Employee
38 554
-
86 591
-
social contributions
1 099
-
2 467
-
surtax
-
-
-
-
income
1 988
-
13 210
-
pensions
4 361
-
4 332
-
total
7 448
-
20 009
-
Employer
38 554
-
86 591
-
other
1 331
-
2 988
-
social contributions
115
-
260
-
unemployment
1 561
-
3 507
-
pensions
6 335
-
7 594
-
health
2 698
-
6 061
-
total
12 040
-
20 410
-
Corporate
56 405
107 000
-
-
surtax
-
-
-
-
income
15 794
29 960
-
-
total
15 794
29 960
-
-
Dividends
40 611
77 040
-
-
surtax
-
-
-
-
social contributions
6 984
13 251
-
-
withholding
5 198
9 861
-
-
total
12 182
23 112
-
-
Income
107 000
107 000
107 000
107 000
Total tax
47 464
53 072
40 419
45 559
After tax
59 536
53 928
66 581
61 441
Living cost
31 107
31 107
31 107
31 107
Free-cash
28 429
22 821
35 474
30 334

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43879
₽44405
₽47315
₽47189
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
16 051
health
-
-
-
7 469
social contributions
-
-
-
14 766
total
-
-
-
38 286
Employee
34 217
-
107 000
-
social contributions
4 723
-
14 766
-
health
2 388
-
7 469
-
income
5 707
-
16 177
-
total
12 818
-
38 412
-
Employer
34 217
-
107 000
-
total
-
-
-
-
Corporate
72 783
107 000
-
-
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%.

3 639
5 351
-
-
total
3 639
5 351
-
-
Dividends
69 144
101 649
-
-
health
4 826
7 095
-
-
social contributions
9 541
14 028
-
-
withholding
10 372
15 248
-
-
total
24 739
36 371
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 196
41 722
38 412
38 286
After tax
65 804
65 278
68 588
68 714
Living cost
21 399
21 399
21 399
21 399
Free-cash
44 405
43 879
47 189
47 315

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24318
₽22757
₽18121
-₽3879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
chamber of commerce
-
-
-
427
income
-
-
-
18 523
pensions
-
-
-
19 795
unemployment
-
-
-
6 190
health
-
-
-
8 185
surtax
-
-
-
199
total
-
-
-
53 319
Employee
50 434
40 217
82 933
-
other
504
402
829
-
health
1 952
1 557
3 210
-
income
5 742
2 967
16 458
-
pensions
5 165
4 117
8 492
-
unemployment
1 513
1 207
2 488
-
total
14 876
10 250
31 477
-
Employer
50 434
40 217
82 933
-
accident
655
523
1 078
-
other
2 396
1 909
3 939
-
chamber of commerce
201
161
331
-
unemployment
1 513
1 207
2 488
-
surtax
199
199
199
-
pensions
6 329
5 048
10 409
-
payroll
1 513
1 207
2 488
-
health
1 906
1 521
3 135
-
total
14 712
11 775
24 067
-
Corporate
41 854
55 009
79 103
-
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.

10 464
13 752
19 775
-
total
10 464
13 752
19 775
-
Dividends
31 390
41 256
-
-
withholding
8 631
11 345
-
-
total
8 631
11 345
-
-
Income
107 000
107 000
107 000
107 000
Total tax
48 683
47 122
75 319
53 319
After tax
58 317
59 878
31 681
53 681
Living cost
35 560
35 560
35 560
35 560
Free-cash
22 757
24 318
-3 879
18 121

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23194
₽8057
₽12717
₽4553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
national
-
-
-
35 068
communal

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

-
-
-
5 399
social contributions
-
-
-
17 020
total
-
-
-
57 487
Employee

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

72 187
-
82 873
-
communal

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

3 765
-
4 322
-
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.

3 392
-
3 895
-
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.

5 414
-
6 216
-
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.

628
-
720
-
national
22 193
-
26 372
-
total
35 392
-
41 525
-
Employer

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

72 187
-
82 873
-
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.

938
-
1 078
-
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.

1 053
-
1 210
-
surtax
8 185
-
9 399
-
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.

6 396
-
7 343
-
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.

4 439
-
5 096
-
total
21 011
-
24 126
-
Corporate
13 800
107 000
-
-
surtax
56
427
-
-
income
2 760
21 399
-
-
total
2 816
21 826
-
-
Dividends
10 985
85 173
-
-
withholding

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

2 928
25 184
-
-
total
2 928
25 184
-
-
Income
107 000
107 000
107 000
107 000
Total tax
62 147
47 010
65 651
57 487
After tax
44 853
59 990
41 349
49 513
Living cost
36 796
36 796
36 796
36 796
Free-cash
8 057
23 194
4 553
12 717

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35633
₽27595
₽21516
₽19656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
843
income
-
-
-
20 975
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
49 038
Employee
50 235
-
81 134
-
other
50
-
80
-
income
10 599
-
19 882
-
pensions
2 361
-
3 813
-
unemployment
779
-
1 258
-
total
13 789
-
25 033
-
Employer
50 235
-
81 134
-
accident
994
-
1 607
-
other
400
-
649
-
unemployment
2 764
-
4 462
-
pensions
11 855
-
19 147
-
total
16 013
-
25 865
-
Corporate
40 753
107 000
-
-
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.

6 113
16 051
-
-
total
6 113
16 051
-
-
Dividends
34 640
90 949
-
-
withholding
7 044
18 870
-
-
total
7 044
18 870
-
-
Income
107 000
107 000
107 000
107 000
Total tax
42 959
34 921
50 898
49 038
After tax
64 041
72 079
56 102
57 962
Living cost
36 446
36 446
36 446
36 446
Free-cash
27 595
35 633
19 656
21 516

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10432
₽3269
₽5581
₽10195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
902
income
-
-
-
10 051
pensions
-
-
-
16 037
health
-
-
-
7 519
surtax
-
-
-
5 305
communal
-
-
-
6 762
total
-
-
-
46 576
Employee
76 425
-
95 578
-
health
3 401
-
4 253
-
surtax
4 684
-
5 858
-
income
7 382
-
12 782
-
pensions
6 113
-
7 647
-
total
21 580
-
30 540
-
Employer
76 425
-
95 578
-
accident
688
-
860
-
pensions
6 113
-
7 647
-
health
2 331
-
2 915
-
total
9 132
-
11 422
-
Corporate
21 444
107 000
-
-
surtax
226
1 124
-
-
communal
-
7 222
-
-
income
3 217
16 051
-
-
total
3 443
24 397
-
-
Dividends
18 001
82 603
-
-
income
12 033
4 937
-
-
withholding
2 700
12 391
-
-
total
14 733
17 328
-
-
Income
107 000
107 000
107 000
107 000
Total tax
48 888
41 725
41 962
46 576
After tax
58 112
65 275
65 038
60 424
Living cost
54 843
54 843
54 843
54 843
Free-cash
3 269
10 432
10 195
5 581

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44634
₽41428
₽31652
₽29677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
20 827
pensions
-
-
-
21 399
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 597
surtax
-
-
-
2 628
total
-
-
-
52 681
Employee
33 986
-
88 393
-
other
-
-
-
-
health
868
-
2 254
-
surtax
121
-
2 377
-
income
5 697
-
19 369
-
pensions
2 267
-
5 897
-
unemployment
2 365
-
6 151
-
total
11 318
-
36 048
-
Employer
33 986
-
88 393
-
other
-
-
-
-
unemployment
1 078
-
2 802
-
pensions
4 531
-
11 784
-
health
1 545
-
4 022
-
total
7 154
-
18 608
-
Corporate
65 859
107 000
-
-
income
17 123
27 821
-
-
total
17 123
27 821
-
-
Dividends
48 736
79 179
-
-
withholding
7 310
11 878
-
-
total
7 310
11 878
-
-
Income
107 000
107 000
107 000
107 000
Total tax
42 905
39 699
54 656
52 681
After tax
64 095
67 301
52 344
54 319
Living cost
22 667
22 667
22 667
22 667
Free-cash
41 428
44 634
29 677
31 652

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29057
₽26815
₽26890
₽21826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
636
regional
-
-
-
1 613
national
-
-
-
23 156
social contributions
-
-
-
27 520
total
-
-
-
52 925
Employee
55 981
-
107 000
-
social contributions
18 877
-
36 081
-
regional
754
-
1 439
-
municipal
297
-
567
-
national
8 869
-
19 902
-
total
28 797
-
57 989
-
Employer
55 981
-
107 000
-
total
-
-
-
-
Corporate
51 019
107 000
-
-
nationa
12 245
25 680
-
-
municipal
2 536
5 318
-
-
total
14 781
30 998
-
-
Dividends
36 238
76 002
-
-
withholding
9 422
19 760
-
-
total
9 422
19 760
-
-
Income
107 000
107 000
107 000
107 000
Total tax
53 000
50 758
57 989
52 925
After tax
54 000
56 242
49 011
54 075
Living cost
27 185
27 185
27 185
27 185
Free-cash
26 815
29 057
21 826
26 890

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43885
₽33260
₽22329
₽24513
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
9 197
health
-
-
-
14 445
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 244
total
-
-
-
54 886
Employee
43 801
-
79 851
-
social contributions
2 847
-
5 190
-
health
5 913
-
10 780
-
solidarity contribution
-
-
-
-
income
5 256
-
9 582
-
total
14 016
-
25 552
-
Employer
43 801
-
79 851
-
social contributions
10 950
-
19 963
-
health
3 942
-
7 187
-
total
14 892
-
27 150
-
Corporate
48 306
107 000
-
-
income
9 178
20 330
-
-
total
9 178
20 330
-
-
Dividends
39 128
86 670
-
-
withholding
5 869
13 000
-
-
total
5 869
13 000
-
-
Income
107 000
107 000
107 000
107 000
Total tax
43 955
33 330
52 702
54 886
After tax
63 045
73 670
54 298
52 114
Living cost
29 785
29 785
29 785
29 785
Free-cash
33 260
43 885
24 513
22 329

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27788
₽27292
₽21683
-₽482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
chamber of commerce
-
-
-
427
income
-
-
-
18 523
pensions
-
-
-
19 795
unemployment
-
-
-
6 190
health
-
-
-
8 185
surtax
-
-
-
-
total
-
-
-
53 120
Employee
44 114
40 217
83 084
-
other
440
402
831
-
health
1 706
1 557
3 215
-
income
3 930
2 967
16 510
-
pensions
4 518
4 117
8 507
-
unemployment
1 323
1 207
2 493
-
total
11 917
10 250
31 556
-
Employer
44 114
40 217
83 084
-
accident
573
523
1 080
-
other
2 095
1 909
3 947
-
chamber of commerce
176
161
333
-
unemployment
1 323
1 207
2 493
-
surtax
-
-
-
-
pensions
5 537
5 048
10 428
-
payroll
1 323
1 207
2 493
-
health
1 668
1 521
3 141
-
total
12 695
11 576
23 915
-
Corporate
50 190
55 208
79 254
-
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.

12 548
13 802
19 814
-
total
12 548
13 802
19 814
-
Dividends
37 643
41 405
-
-
withholding
10 351
11 387
-
-
total
10 351
11 387
-
-
Income
107 000
107 000
107 000
107 000
Total tax
47 511
47 015
75 285
53 120
After tax
59 489
59 985
31 715
53 880
Living cost
32 197
32 197
32 197
32 197
Free-cash
27 292
27 788
-482
21 683

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87501
₽84848
₽91781
₽71451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
107 000
microenterprise

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

-
-
-
1 070
total
-
-
-
1 070
Employee
17 686
-
107 000
-
income
3 537
-
21 400
-
total
3 537
-
21 400
-
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%.

89 314
107 000
-
-
total
-
-
-
-
Dividends
89 314
107 000
-
-
withholding
4 466
5 350
-
-
total
4 466
5 350
-
-
Income
107 000
107 000
107 000
107 000
Total tax
8 003
5 350
21 400
1 070
After tax
98 997
101 650
85 600
105 930
Living cost
14 149
14 149
14 149
14 149
Free-cash
84 848
87 501
71 451
91 781

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46600
₽38160
₽28022
₽24958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
income
-
-
-
21 677
pensions
-
-
-
19 542
unemployment
-
-
-
161
health
-
-
-
10 529
total
-
-
-
51 909
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.

44 626
-
92 585
-
health
2 882
-
5 981
-
income
7 696
-
20 098
-
pensions
6 917
-
14 350
-
unemployment
63
-
130
-
total
17 558
-
40 559
-
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.

44 626
-
92 585
-
unemployment
27
-
56
-
pensions
3 949
-
8 193
-
health
2 972
-
6 165
-
total
6 948
-
14 414
-
Corporate
55 426
107 000
-
-
income
10 531
20 331
-
-
total
10 531
20 331
-
-
Dividends
44 894
86 669
-
-
withholding
6 734
13 000
-
-
total
6 734
13 000
-
-
Income
107 000
107 000
107 000
107 000
Total tax
41 771
33 331
54 973
51 909
After tax
65 229
73 669
52 027
55 091
Living cost
27 069
27 069
27 069
27 069
Free-cash
38 160
46 600
24 958
28 022

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21515
-₽43609
₽30362
₽50128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
20 856
social contributions
-
-
-
12 198
total
-
-
-
33 054
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
107 000
-
-
income
-
23 540
-
-
total
-
23 540
-
-
Dividends
-
83 460
-
-
income
-
18 361
-
-
total
-
18 361
-
-
Income
107 000
107 000
107 000
107 000
Total tax
107 025
41 901
13 288
33 054
After tax
-25
65 099
93 712
73 946
Living cost
43 584
43 584
43 584
43 584
Free-cash
-43 609
21 515
50 128
30 362

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
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.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29206
₽28191
₽27892
₽22077
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
income
-
-
-
10 271
surtax
-
-
-
-
social contributions

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

-
-
-
37 182
total
-
-
-
47 453
Employee
46 415
-
86 464
-
social contributions
5 106
-
9 510
-
surtax
-
-
-
-
income
9 654
-
23 222
-
total
14 760
-
32 732
-
Employer
46 415
-
86 464
-
social contributions
11 023
-
20 536
-
total
11 023
-
20 536
-
Corporate
49 562
107 000
-
-
surtax
-
-
-
-
income
10 409
22 470
-
-
total
10 409
22 470
-
-
Dividends
39 153
84 530
-
-
withholding
10 962
23 669
-
-
total
10 962
23 669
-
-
Income
107 000
107 000
107 000
107 000
Total tax
47 154
46 139
53 268
47 453
After tax
59 846
60 861
53 732
59 547
Living cost
31 655
31 655
31 655
31 655
Free-cash
28 191
29 206
22 077
27 892

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5186
₽12123
₽12699
₽17839
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
11 050
pensions
-
-
-
25 824
other
-
-
-
3 323
health
-
-
-
2 315
surtax
-
-
-
-
social contributions
-
-
-
3 047
total
-
-
-
45 559
Employee
63 207
-
86 591
-
social contributions
1 800
-
2 467
-
surtax
-
-
-
-
income
5 515
-
13 210
-
pensions
7 149
-
4 332
-
total
14 464
-
20 009
-
Employer
63 207
-
86 591
-
other
2 181
-
2 988
-
social contributions
190
-
260
-
unemployment
2 561
-
3 507
-
pensions
10 386
-
7 594
-
health
4 424
-
6 061
-
total
19 742
-
20 410
-
Corporate
24 052
107 000
-
-
surtax
-
-
-
-
income
6 735
29 960
-
-
total
6 735
29 960
-
-
Dividends
17 317
77 040
-
-
surtax
-
-
-
-
social contributions
2 978
13 251
-
-
withholding
2 216
9 861
-
-
total
5 194
23 112
-
-
Income
107 000
107 000
107 000
107 000
Total tax
46 135
53 072
40 419
45 559
After tax
60 865
53 928
66 581
61 441
Living cost
48 742
48 742
48 742
48 742
Free-cash
12 123
5 186
17 839
12 699

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65964
₽62574
₽50905
₽53749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
2 218
social contributions
-
-
-
23 541
total
-
-
-
25 759
Employee
32 444
-
92 640
-
income
-
-
2 534
-
social contributions
2 109
-
6 021
-
total
2 109
-
8 555
-
Employer
32 444
-
92 640
-
social contributions
5 029
-
14 360
-
total
5 029
-
14 360
-
Corporate
69 527
107 000
-
-
income
6 952
10 700
-
-
total
6 952
10 700
-
-
Dividends
62 575
96 300
-
-
total
-
-
-
-
Income
107 000
107 000
107 000
107 000
Total tax
14 090
10 700
22 915
25 759
After tax
92 910
96 300
84 085
81 241
Living cost
30 336
30 336
30 336
30 336
Free-cash
62 574
65 964
53 749
50 905

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
-₽112973
-₽112973
₽17387
-₽112973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
20 185
pensions
-
-
-
875
national
-
-
-
11 440
labour market
-
-
-
8 490
total
-
-
-
40 990
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
107 000
107 000
107 000
107 000
Total tax
171 350
171 350
171 350
40 990
After tax
-64 350
-64 350
-64 350
66 010
Living cost
48 623
48 623
48 623
48 623
Free-cash
-112 973
-112 973
-112 973
17 387

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13079
₽5332
₽51652
₽33925
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
253
income
-
-
-
26 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
33 602
Employee
34 209
-
92 150
-
health
3 917
-
10 551
-
income
4 693
-
18 274
-
pensions
3 852
-
7 654
-
total
12 462
-
36 479
-
Employer
34 209
-
92 150
-
accident
571
-
1 539
-
unemployment
838
-
2 258
-
pensions
5 562
-
11 053
-
total
6 971
-
14 850
-
Corporate
65 820
107 000
-
-
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.

59 238
96 300
-
-
total
59 238
96 300
-
-
Dividends
6 582
10 700
-
-
withholding
1 251
2 033
-
-
total
1 251
2 033
-
-
Income
107 000
107 000
107 000
107 000
Total tax
79 922
98 333
51 329
33 602
After tax
27 078
8 667
55 671
73 398
Living cost
21 746
21 746
21 746
21 746
Free-cash
5 332
-13 079
33 925
51 652

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
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.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31935
₽30369
₽36554
₽21815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
107 000
municipal
-
-
-
19 040
health
-
-
-
1 226
national
-
-
-
11 435
total
-
-
-
31 701
Employee
53 095
-
90 013
-
health
396
-
965
-
municipal
8 697
-
14 691
-
pensions
3 583
-
6 077
-
unemployment
797
-
1 350
-
national
877
-
6 370
-
total
14 350
-
29 453
-
Employer
53 095
-
90 013
-
accident
54
-
90
-
unemployment
345
-
586
-
pensions
9 212
-
15 618
-
health
408
-
693
-
total
10 019
-
16 987
-
Corporate
43 887
107 000
-
-
income
8 777
21 399
-
-
total
8 777
21 399
-
-
Dividends

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

26 332
64 200
-
-
national
-
3 365
-
-
municipal
4 740
11 556
-
-
total
4 740
14 921
-
-
Income
107 000
107 000
107 000
107 000
Total tax
37 886
36 320
46 440
31 701
After tax
69 114
70 680
60 560
75 299
Living cost
38 745
38 745
38 745
38 745
Free-cash
30 369
31 935
21 815
36 554

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54920
₽49432
₽51965
₽51604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
12 613
health
-
-
-
2 729
social contributions
-
-
-
16 328
total
-
-
-
31 670
Employee
77 601
77 601
97 141
-
social contributions
2 934
6 441
8 063
-
health
601
1 320
1 651
-
income
8 449
7 184
12 458
-
total
11 984
14 945
22 172
-
Employer
77 601
77 601
97 141
-
social contributions
2 934
6 441
8 063
-
health
653
1 436
1 796
-
total
3 587
7 877
9 859
-
Corporate
68 063
21 522
-
-
income
8 507
2 691
-
-
total
8 507
2 691
-
-
Dividends
59 556
18 831
-
-
withholding
10 125
3 202
-
-
total
10 125
3 202
-
-
Income
107 000
107 000
107 000
107 000
Total tax
34 203
28 715
32 031
31 670
After tax
72 797
78 285
74 969
75 330
Living cost
23 365
23 365
23 365
23 365
Free-cash
49 432
54 920
51 604
51 965

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72584
₽67449
₽70575
₽50333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
107 000
income
-
-
-
10 302
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
20 402
Employee

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

23 164
-
97 137
-
health
1 969
-
8 139
-
income
1 584
-
7 800
-
pensions
3 474
-
14 363
-
unemployment
115
-
479
-
total
7 142
-
30 781
-
Employer

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

23 164
-
97 137
-
unemployment
115
-
479
-
pensions
1 274
-
5 267
-
health
996
-
4 117
-
total
2 385
-
9 863
-
Corporate
81 451
107 000
-
-
income
7 331
9 629
-
-
total
7 331
9 629
-
-
Dividends
74 120
97 371
-
-
withholding
6 670
8 764
-
-
total
6 670
8 764
-
-
Income
107 000
107 000
107 000
107 000
Total tax
23 528
18 393
40 644
20 402
After tax
83 472
88 607
66 356
86 598
Living cost
16 023
16 023
16 023
16 023
Free-cash
67 449
72 584
50 333
70 575

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44328
₽39037
₽30211
₽28351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
843
income
-
-
-
20 975
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
49 038
Employee
37 315
-
81 134
-
other
36
-
80
-
income
7 194
-
19 882
-
pensions
1 754
-
3 813
-
unemployment
578
-
1 258
-
total
9 562
-
25 033
-
Employer
37 315
-
81 134
-
accident
739
-
1 607
-
other
299
-
649
-
unemployment
2 053
-
4 462
-
pensions
8 806
-
19 147
-
total
11 897
-
25 865
-
Corporate
57 788
107 000
-
-
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.

8 668
16 051
-
-
total
8 668
16 051
-
-
Dividends
49 120
90 949
-
-
withholding
10 085
18 870
-
-
total
10 085
18 870
-
-
Income
107 000
107 000
107 000
107 000
Total tax
40 212
34 921
50 898
49 038
After tax
66 788
72 079
56 102
57 962
Living cost
27 751
27 751
27 751
27 751
Free-cash
39 037
44 328
28 351
30 211

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64012
₽63558
₽65176
₽64978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
35 601
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
39 068
Employee
4 198
-
104 738
-
health
210
-
503
-
income
812
-
35 495
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
37 004
-
Employer
4 198
-
104 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
101 858
107 000
-
-
income
22 409
23 540
-
-
total
22 409
23 540
-
-
Dividends
79 449
83 460
-
-
withholding
15 890
16 692
-
-
total
15 890
16 692
-
-
Income
107 000
107 000
107 000
107 000
Total tax
40 686
40 232
39 266
39 068
After tax
66 314
66 768
67 734
67 932
Living cost
2 756
2 756
2 756
2 756
Free-cash
63 558
64 012
64 978
65 176

Estimated living cost  is ₽2756 per week

₽1638
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.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59855
₽54890
₽39889
₽39890
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
income
-
-
-
21 465
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
49 658
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.

26 319
-
93 649
-
health
1 355
-
3 841
-
income
3 628
-
21 465
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
36 307
-
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.

26 319
-
93 649
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
75 970
107 000
-
-
income
11 396
16 050
-
-
total
11 396
16 050
-
-
Dividends
64 575
90 950
-
-
withholding
9 686
13 642
-
-
total
9 686
13 642
-
-
Income
107 000
107 000
107 000
107 000
Total tax
34 657
29 692
49 657
49 658
After tax
72 343
77 308
57 343
57 342
Living cost
17 453
17 453
17 453
17 453
Free-cash
54 890
59 855
39 890
39 889

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33654
₽33292
₽32340
₽26525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
income
-
-
-
10 271
surtax
-
-
-
-
social contributions

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

-
-
-
37 182
total
-
-
-
47 453
Employee
39 169
-
86 464
-
social contributions
4 309
-
9 510
-
surtax
-
-
-
-
income
7 653
-
23 222
-
total
11 962
-
32 732
-
Employer
39 169
-
86 464
-
social contributions
9 302
-
20 536
-
total
9 302
-
20 536
-
Corporate
58 530
107 000
-
-
surtax
-
-
-
-
income
12 291
22 470
-
-
total
12 291
22 470
-
-
Dividends
46 238
84 530
-
-
withholding
12 946
23 669
-
-
total
12 946
23 669
-
-
Income
107 000
107 000
107 000
107 000
Total tax
46 501
46 139
53 268
47 453
After tax
60 499
60 861
53 732
59 547
Living cost
27 207
27 207
27 207
27 207
Free-cash
33 292
33 654
26 525
32 340

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36612
₽28917
₽22495
₽20635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
843
income
-
-
-
20 975
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
49 038
Employee
48 739
-
81 134
-
other
48
-
80
-
income
10 180
-
19 882
-
pensions
2 290
-
3 813
-
unemployment
755
-
1 258
-
total
13 273
-
25 033
-
Employer
48 739
-
81 134
-
accident
965
-
1 607
-
other
391
-
649
-
unemployment
2 681
-
4 462
-
pensions
11 502
-
19 147
-
total
15 539
-
25 865
-
Corporate
42 722
107 000
-
-
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.

6 408
16 051
-
-
total
6 408
16 051
-
-
Dividends
36 314
90 949
-
-
withholding
7 396
18 870
-
-
total
7 396
18 870
-
-
Income
107 000
107 000
107 000
107 000
Total tax
42 616
34 921
50 898
49 038
After tax
64 384
72 079
56 102
57 962
Living cost
35 467
35 467
35 467
35 467
Free-cash
28 917
36 612
20 635
22 495

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74114
₽67960
₽64162
₽67593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
16 050
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
25 467
Employee
23 001
-
100 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
10 008
-
pensions

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

2 019
-
3 097
-
total
5 630
-
15 115
-
Employer
23 001
-
100 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
79 486
107 000
-
-
income
7 949
10 700
-
-
total
7 949
10 700
-
-
Dividends
71 537
96 300
-
-
withholding
3 577
4 815
-
-
total
3 577
4 815
-
-
Income
107 000
107 000
107 000
107 000
Total tax
21 669
15 515
22 036
25 467
After tax
85 331
91 485
84 964
81 533
Living cost
17 371
17 371
17 371
17 371
Free-cash
67 960
74 114
67 593
64 162

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16220
₽29424
₽27798
₽36420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
trade
-
-
-
8 622
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.

-
-
-
23 435
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.

-
-
-
6 894
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.

-
-
-
1 289
total
-
-
-
40 240
Employee

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

50 213
-
107 000
-
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.

6 894
-
6 894
-
surtax

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

228
-
1 289
-
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.

4 129
-
23 435
-
total
11 251
-
31 618
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 787
107 000
-
-
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.

469
883
-
-
income
8 518
16 051
-
-
trade
8 149
15 355
-
-
chamber of commerce
236
310
-
-
total
17 372
32 599
-
-
Dividends
39 415
74 401
-
-
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.

521
1 002
-
-
withholding
9 470
18 217
-
-
total
9 991
19 219
-
-
Income
107 000
107 000
107 000
107 000
Total tax
38 614
51 818
31 618
40 240
After tax
68 386
55 182
75 382
66 760
Living cost
38 962
38 962
38 962
38 962
Free-cash
29 424
16 220
36 420
27 798

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17414
₽19642
₽13749
₽13749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
26 120
social contributions
-
-
-
9 644
total
-
-
-
35 764
Employee
78 941
-
107 000
-
income
14 896
-
26 120
-
social contributions
6 558
-
9 644
-
total
21 454
-
35 764
-
Employer
78 941
-
107 000
-
total
-
-
-
-
Corporate
28 059
107 000
-
-
income
3 507
13 375
-
-
total
3 507
13 375
-
-
Dividends
24 553
93 625
-
-
withholding
4 910
18 724
-
-
total
4 910
18 724
-
-
Income
107 000
107 000
107 000
107 000
Total tax
29 871
32 099
35 764
35 764
After tax
77 129
74 901
71 236
71 236
Living cost
57 487
57 487
57 487
57 487
Free-cash
19 642
17 414
13 749
13 749

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27584
₽31113
₽34898
₽42044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
102 358
-
income
5 023
-
19 038
-
social contributions
4 638
-
4 642
-
total
9 661
-
23 680
-
Employer
46 295
-
102 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
56 066
107 000
-
-
income
19 622
37 450
-
-
total
19 622
37 450
-
-
Dividends
36 444
69 550
-
-
social contributions
5 332
5 332
-
-
total
5 332
5 332
-
-
Income
107 000
107 000
107 000
107 000
Total tax
39 253
42 782
28 322
35 468
After tax
67 747
64 218
78 678
71 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
31 113
27 584
42 044
34 898

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽40123
₽36842
₽38701
₽29220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
income
-
-
-
23 000
pensions
-
-
-
7 684
total
-
-
-
30 684
Employee
51 632
-
94 132
-
health
674
-
1 546
-
income
9 403
-
16 709
-
pensions
3 941
-
9 041
-
total
14 018
-
27 296
-
Employer
51 632
-
94 132
-
pensions
5 216
-
11 080
-
health
981
-
1 789
-
total
6 197
-
12 869
-
Corporate
49 170
107 000
-
-
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.

9 342
20 331
-
-
total
9 342
20 331
-
-
Dividends
39 828
86 669
-
-
withholding
2 986
8 931
-
-
total
2 986
8 931
-
-
Income
107 000
107 000
107 000
107 000
Total tax
32 543
29 262
40 165
30 684
After tax
74 457
77 738
66 835
76 316
Living cost
37 615
37 615
37 615
37 615
Free-cash
36 842
40 123
29 220
38 701

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15233
₽5001
₽49498
₽31771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
accident
-
-
-
253
income
-
-
-
26 615
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
33 602
Employee
37 595
-
92 150
-
health
4 304
-
10 551
-
income
5 158
-
18 274
-
pensions
4 233
-
7 654
-
total
13 695
-
36 479
-
Employer
37 595
-
92 150
-
accident
628
-
1 539
-
unemployment
921
-
2 258
-
pensions
6 113
-
11 053
-
total
7 662
-
14 850
-
Corporate
61 744
107 000
-
-
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.

55 569
96 300
-
-
total
55 569
96 300
-
-
Dividends
6 174
10 700
-
-
withholding
1 173
2 033
-
-
total
1 173
2 033
-
-
Income
107 000
107 000
107 000
107 000
Total tax
78 099
98 333
51 329
33 602
After tax
28 901
8 667
55 671
73 398
Living cost
23 900
23 900
23 900
23 900
Free-cash
5 001
-15 233
31 771
49 498

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
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.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76410
₽72412
₽47373
₽54608
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
107 000
work injury
-
-
-
535
health insurance
-
-
-
7 918
income
-
-
-
16 571
pensions
-
-
-
19 688
unemployment
-
-
-
1 284
total
-
-
-
45 996
Employee

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

21 810
-
107 000
-
work injury
109
-
403
-
income
2 181
-
16 571
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
38 761
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
85 190
107 000
-
-
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%.

-
1 070
-
-
total
-
1 070
-
-
Dividends
85 190
105 930
-
-
withholding
12 778
15 889
-
-
total
12 778
15 889
-
-
Income
107 000
107 000
107 000
107 000
Total tax
20 957
16 959
38 761
45 996
After tax
86 043
90 041
68 239
61 004
Living cost
13 631
13 631
13 631
13 631
Free-cash
72 412
76 410
54 608
47 373

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16158
₽11566
₽13211
₽8319
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
107 000
municipal
-
-
-
716
regional
-
-
-
2 194
national
-
-
-
23 156
social contributions
-
-
-
27 520
total
-
-
-
53 586
Employee
85 040
-
107 000
-
social contributions
28 675
-
36 081
-
regional
1 284
-
1 857
-
municipal
508
-
638
-
national
14 371
-
19 902
-
total
44 838
-
58 478
-
Employer
85 040
-
107 000
-
total
-
-
-
-
Corporate
21 960
107 000
-
-
nationa
5 270
25 680
-
-
municipal
1 059
5 157
-
-
total
6 329
30 837
-
-
Dividends
15 630
76 163
-
-
withholding
4 064
19 802
-
-
total
4 064
19 802
-
-
Income
107 000
107 000
107 000
107 000
Total tax
55 231
50 639
58 478
53 586
After tax
51 769
56 361
48 522
53 414
Living cost
40 203
40 203
40 203
40 203
Free-cash
11 566
16 158
8 319
13 211

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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