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
₽ 108000
per

Your estimated
City
free-cash

Dresden , Germany
₽24277
₽45524
₽35841
₽35344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
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.

-
-
-
24 013
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.

-
-
-
1 322
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.

-
-
-
6 835
trade
-
-
-
9 683
total
-
-
-
41 853
Employee

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

38 269
-
108 000
-
surtax

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

59
-
1 322
-
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.

1 069
-
24 013
-
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.

6 835
-
6 835
-
total
7 963
-
32 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 731
108 000
-
-
income
10 460
16 200
-
-
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.

575
890
-
-
chamber of commerce
253
308
-
-
trade
10 982
17 011
-
-
total
22 270
34 409
-
-
Dividends
47 461
73 591
-
-
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.

632
991
-
-
withholding
11 485
18 017
-
-
total
12 117
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 350
53 417
32 170
41 853
After tax
65 650
54 583
75 830
66 147
Living cost
30 306
30 306
30 306
30 306
Free-cash
35 344
24 277
45 524
35 841

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14341
₽12888
₽12041
₽13459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
1 161
municipal
-
-
-
11 291
national
-
-
-
17 496
pensions
-
-
-
12 960
total
-
-
-
42 908
Employee
82 238
-
93 365
-
municipal
10 158
-
11 709
-
pensions
3 290
-
3 735
-
national
15 740
-
18 144
-
total
29 188
-
33 588
-
Employer
82 238
-
93 365
-
pensions
6 579
-
7 469
-
social contributions
884
-
1 004
-
total
7 463
-
8 473
-
Corporate
12 871
108 000
-
-
income

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

2 574
21 600
-
-
total
2 574
21 600
-
-
Dividends
10 297
86 400
-
-
withholding
2 265
19 008
-
-
total
2 265
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 490
40 608
42 061
42 908
After tax
66 510
67 392
65 939
65 092
Living cost
53 051
53 051
53 051
53 051
Free-cash
13 459
14 341
12 888
12 041

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65584
₽39969
₽36747
₽57377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
15 715
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.

-
-
-
34 722
microenterprise
-
-
-
-
total
-
-
-
50 437
Employee
29 236
-
87 034
-
surtax
-
-
-
-
social contributions

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

3 216
-
9 573
-
income
5 204
-
16 676
-
total
8 420
-
26 249
-
Employer
29 236
-
87 034
-
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.

7 042
-
20 966
-
surtax
-
-
-
-
total
7 042
-
20 966
-
Corporate
71 721
108 000
-
-
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%.

14 345
21 600
-
-
total
14 345
21 600
-
-
Dividends

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

57 376
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
29 807
21 600
47 215
50 437
After tax
78 193
86 400
60 785
57 563
Living cost
20 816
20 816
20 816
20 816
Free-cash
57 377
65 584
39 969
36 747

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10539
₽12761
₽19446
₽4409
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
22 579
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
46 640
Employee
85 442
85 442
91 906
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
11 523
-
total
42 480
36 864
37 232
-
Employer
85 442
85 442
91 906
-
health
5 939
5 939
6 387
-
pensions
5 947
5 947
6 397
-
unemployment
3 076
3 076
3 309
-
total
14 962
14 962
16 093
-
Corporate
8 644
7 596
-
-
income
1 728
1 519
-
-
total
1 728
1 519
-
-
Dividends
6 916
6 077
-
-
income
1 470
1 291
-
-
withholding
1 037
911
-
-
total
2 507
2 202
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 677
55 547
53 325
46 640
After tax
46 323
52 453
54 675
61 360
Living cost
41 914
41 914
41 914
41 914
Free-cash
4 409
10 539
12 761
19 446

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17867
₽16572
₽16379
₽16945
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
24 424
national
-
-
-
-
pensions
-
-
-
9 738
total
-
-
-
50 520
Employee
58 565
-
82 179
-
municipal
17 464
-
24 506
-
national
-
-
-
-
total
17 464
-
24 506
-
Employer
58 565
-
82 179
-
health
3 602
-
5 054
-
pensions
6 331
-
8 884
-
accident
117
-
164
-
unemployment
1 546
-
2 170
-
other
6 805
-
9 549
-
total
18 401
-
25 821
-
Corporate
31 034
108 000
-
-
income
6 827
23 760
-
-
total
6 827
23 760
-
-
Dividends
24 206
84 240
-
-
withholding
7 262
25 272
-
-
total
7 262
25 272
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 954
49 032
50 327
50 520
After tax
58 046
58 968
57 673
57 480
Living cost
41 101
41 101
41 101
41 101
Free-cash
16 945
17 867
16 572
16 379

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14724
₽36525
₽26411
₽28780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
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.

-
-
-
24 013
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.

-
-
-
1 322
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.

-
-
-
6 835
trade
-
-
-
10 114
total
-
-
-
42 284
Employee

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

50 740
-
108 000
-
surtax

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

239
-
1 322
-
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.

4 359
-
24 013
-
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.

6 835
-
6 835
-
total
11 433
-
32 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 260
108 000
-
-
income
8 590
16 200
-
-
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.

473
890
-
-
chamber of commerce
234
306
-
-
trade
9 420
17 766
-
-
total
18 717
35 162
-
-
Dividends
38 545
72 838
-
-
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.

509
980
-
-
withholding
9 256
17 829
-
-
total
9 765
18 809
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 915
53 971
32 170
42 284
After tax
68 085
54 029
75 830
65 716
Living cost
39 305
39 305
39 305
39 305
Free-cash
28 780
14 724
36 525
26 411

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46557
₽42969
₽43541
₽42405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
13 065
social contributions
-
-
-
16 188
health
-
-
-
2 753
total
-
-
-
32 006
Employee
76 937
76 937
98 049
-
social contributions
3 739
6 385
8 138
-
income
8 079
7 122
12 822
-
health
765
1 308
1 667
-
total
12 583
14 815
22 627
-
Employer
76 937
76 937
98 049
-
health
834
1 424
1 813
-
social contributions
3 739
6 385
8 138
-
total
4 573
7 809
9 951
-
Corporate
58 392
23 254
-
-
income
7 299
2 907
-
-
total
7 299
2 907
-
-
Dividends
51 094
20 347
-
-
withholding
8 687
3 459
-
-
total
8 687
3 459
-
-
Income
108 000
108 000
108 000
108 000
Total tax
33 142
28 990
32 578
32 006
After tax
74 858
79 010
75 422
75 994
Living cost
32 453
32 453
32 453
32 453
Free-cash
42 405
46 557
42 969
43 541

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42446
₽44237
₽56446
₽42828
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
13 203
unemployment
-
-
-
1 620
health
-
-
-
7 560
pensions
-
-
-
10 800
total
-
-
-
33 183
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.

26 520
10 554
90 377
-
unemployment
398
158
1 356
-
pensions
2 652
1 055
9 038
-
income
3 242
1 290
11 049
-
health
1 856
739
6 326
-
total
8 148
3 242
27 769
-
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.

26 520
10 554
90 377
-
pensions
5 171
2 058
17 623
-
total
5 171
2 058
17 623
-
Corporate
76 309
95 387
-
-
income
6 868
8 585
-
-
total
6 868
8 585
-
-
Dividends
69 441
86 803
-
-
social contributions
13 420
16 806
-
-
withholding
13 194
16 492
-
-
total
26 614
33 298
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 801
47 183
45 392
33 183
After tax
61 199
60 817
62 608
74 817
Living cost
18 371
18 371
18 371
18 371
Free-cash
42 828
42 446
44 237
56 446

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62233
₽38085
₽33722
₽56016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
14 472
health
-
-
-
14 039
pensions
-
-
-
21 600
total
-
-
-
50 111
Employee
28 384
-
80 717
-
unemployment
454
-
1 291
-
pensions
568
-
1 614
-
income
3 196
-
15 562
-
total
4 218
-
18 467
-
Employer
28 384
-
80 717
-
health
3 689
-
10 492
-
pensions
5 677
-
16 143
-
unemployment
228
-
646
-
total
9 594
-
27 281
-
Corporate
70 022
108 000
-
-
income
14 005
21 600
-
-
total
14 005
21 600
-
-
Dividends
56 017
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 817
21 600
45 748
50 111
After tax
80 183
86 400
62 252
57 889
Living cost
24 167
24 167
24 167
24 167
Free-cash
56 016
62 233
38 085
33 722

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
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.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13554
₽33883
₽51781
₽5328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
256
income
-
-
-
26 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
33 917
Employee
35 083
-
93 000
-
pensions
3 950
-
7 734
-
income
4 813
-
18 433
-
health
4 017
-
10 648
-
total
12 780
-
36 815
-
Employer
35 083
-
93 000
-
pensions
5 705
-
11 169
-
accident
586
-
1 553
-
unemployment
859
-
2 278
-
total
7 150
-
15 000
-
Corporate
65 768
108 000
-
-
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.

59 191
97 200
-
-
total
59 191
97 200
-
-
Dividends
6 577
10 800
-
-
withholding
1 249
2 052
-
-
total
1 249
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
80 370
99 252
51 815
33 917
After tax
27 630
8 748
56 185
74 083
Living cost
22 302
22 302
22 302
22 302
Free-cash
5 328
-13 554
33 883
51 781

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
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.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94535
₽78335
₽98855
₽93023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
108 000
microenterprise

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

-
-
-
1 080
total
-
-
-
1 080
Employee
10 081
-
108 000
-
income
2 016
-
21 600
-
total
2 016
-
21 600
-
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%.

97 919
108 000
-
-
total
-
-
-
-
Dividends
97 919
108 000
-
-
withholding
4 896
5 400
-
-
total
4 896
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
6 912
5 400
21 600
1 080
After tax
101 088
102 600
86 400
106 920
Living cost
8 065
8 065
8 065
8 065
Free-cash
93 023
94 535
78 335
98 855

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52689
₽36189
₽31724
₽45929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
13 815
other
-
-
-
5 130
health
-
-
-
4 752
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.

-
-
-
25 919
total
-
-
-
49 616
Employee
36 329
-
86 262
-
unemployment
363
-
862
-
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.

2 542
-
6 038
-
income
6 254
-
15 306
-
health
509
-
1 208
-
total
9 668
-
23 414
-
Employer
36 329
-
86 262
-
health
509
-
1 208
-
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.

6 177
-
14 664
-
accident
291
-
689
-
unemployment
363
-
862
-
other
1 817
-
4 314
-
total
9 157
-
21 737
-
Corporate
62 516
108 000
-
-
income
13 128
22 680
-
-
total
13 128
22 680
-
-
Dividends
49 388
85 320
-
-
withholding
3 458
5 971
-
-
total
3 458
5 971
-
-
Income
108 000
108 000
108 000
108 000
Total tax
35 411
28 651
45 151
49 616
After tax
72 589
79 349
62 849
58 384
Living cost
26 660
26 660
26 660
26 660
Free-cash
45 929
52 689
36 189
31 724

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11560
₽575
₽10300
₽969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 783
pensions
-
-
-
7 589
total
-
-
-
31 372
Employee
93 844
-
94 961
-
pensions
9 053
-
9 187
-
income
16 916
-
17 301
-
health
1 546
-
1 570
-
total
27 515
-
28 058
-
Employer
93 844
-
94 961
-
health
1 782
-
1 804
-
pensions
11 080
-
11 235
-
total
12 862
-
13 039
-
Corporate
1 294
108 000
-
-
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.

247
20 520
-
-
total
247
20 520
-
-
Dividends
1 047
87 480
-
-
withholding
79
9 592
-
-
total
79
9 592
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 703
30 112
41 097
31 372
After tax
67 297
77 888
66 903
76 628
Living cost
66 328
66 328
66 328
66 328
Free-cash
969
11 560
575
10 300

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79227
₽72858
₽69358
₽74581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
25 529
Employee
17 364
-
101 146
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
10 115
-
health
799
-
1 607
-
total
4 251
-
15 174
-
Employer
17 364
-
101 146
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
87 229
108 000
-
-
income
8 723
10 800
-
-
total
8 723
10 800
-
-
Dividends
78 505
97 200
-
-
withholding
3 925
4 860
-
-
total
3 925
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 306
15 660
22 029
25 529
After tax
87 694
92 340
85 971
82 471
Living cost
13 113
13 113
13 113
13 113
Free-cash
74 581
79 227
72 858
69 358

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3029
-₽807
₽5878
-₽1006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
22 579
health
-
-
-
12 338
pensions
-
-
-
11 723
total
-
-
-
46 640
Employee
92 763
85 442
91 906
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
11 523
-
total
37 282
36 864
37 232
-
Employer
92 763
85 442
91 906
-
health
6 446
5 939
6 387
-
pensions
6 456
5 947
6 397
-
unemployment
3 340
3 076
3 309
-
total
16 242
14 962
16 093
-
Corporate
-
7 596
-
-
income
-
1 519
-
-
total
-
1 519
-
-
Dividends
-
6 077
-
-
income
-
1 291
-
-
withholding
-
911
-
-
total
-
2 202
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 524
55 547
53 325
46 640
After tax
54 476
52 453
54 675
61 360
Living cost
55 482
55 482
55 482
55 482
Free-cash
-1 006
-3 029
-807
5 878

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49498
₽29945
₽27741
₽40629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
health
-
-
-
14 580
total
-
-
-
55 399
Employee
36 559
-
80 597
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
5 239
-
income
4 387
-
9 672
-
health
4 936
-
10 881
-
total
11 699
-
25 792
-
Employer
36 559
-
80 597
-
health
3 290
-
7 254
-
social contributions
9 140
-
20 149
-
total
12 430
-
27 403
-
Corporate
59 011
108 000
-
-
income
11 212
20 520
-
-
total
11 212
20 520
-
-
Dividends
47 799
87 480
-
-
withholding
7 170
13 122
-
-
total
7 170
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 511
33 642
53 195
55 399
After tax
65 489
74 358
54 805
52 601
Living cost
24 860
24 860
24 860
24 860
Free-cash
40 629
49 498
29 945
27 741

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15405
₽7520
₽12659
₽10179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 778
regional
-
-
-
1 205
municipal
-
-
-
642
national
-
-
-
23 497
total
-
-
-
53 122
Employee
88 922
-
108 000
-
municipal
471
-
573
-
national
15 408
-
20 214
-
regional
839
-
1 057
-
social contributions
29 985
-
36 417
-
total
46 703
-
58 261
-
Employer
88 922
-
108 000
-
total
-
-
-
-
Corporate
19 078
108 000
-
-
municipal
744
4 211
-
-
nationa
4 578
25 919
-
-
total
5 322
30 130
-
-
Dividends
13 756
77 869
-
-
withholding
3 577
20 246
-
-
total
3 577
20 246
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 602
50 376
58 261
53 122
After tax
52 398
57 624
49 739
54 878
Living cost
42 219
42 219
42 219
42 219
Free-cash
10 179
15 405
7 520
12 659

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45852
₽30567
₽32440
₽42740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 275
other
-
-
-
-
surtax
-
-
-
2 709
unemployment
-
-
-
228
health
-
-
-
7 669
pensions
-
-
-
21 600
total
-
-
-
53 481
Employee
33 087
-
89 218
-
other
-
-
-
-
unemployment
2 303
-
6 209
-
pensions
2 206
-
5 951
-
surtax
108
-
2 442
-
income
5 546
-
19 695
-
health
845
-
2 275
-
total
11 008
-
36 572
-
Employer
33 087
-
89 218
-
health
1 506
-
4 059
-
pensions
4 411
-
11 894
-
unemployment
1 048
-
2 829
-
other
-
-
-
-
total
6 965
-
18 782
-
Corporate
67 948
108 000
-
-
income
17 666
28 080
-
-
total
17 666
28 080
-
-
Dividends
50 282
79 920
-
-
withholding
7 542
11 989
-
-
total
7 542
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 181
40 069
55 354
53 481
After tax
64 819
67 931
52 646
54 519
Living cost
22 079
22 079
22 079
22 079
Free-cash
42 740
45 852
30 567
32 440

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32575
₽21590
₽31315
₽27802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 783
pensions
-
-
-
7 589
total
-
-
-
31 372
Employee
62 892
-
94 961
-
pensions
5 338
-
9 187
-
income
11 327
-
17 301
-
health
913
-
1 570
-
total
17 578
-
28 058
-
Employer
62 892
-
94 961
-
health
1 195
-
1 804
-
pensions
6 808
-
11 235
-
total
8 003
-
13 039
-
Corporate
37 106
108 000
-
-
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.

7 050
20 520
-
-
total
7 050
20 520
-
-
Dividends
30 055
87 480
-
-
withholding
2 254
9 592
-
-
total
2 254
9 592
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 885
30 112
41 097
31 372
After tax
73 115
77 888
66 903
76 628
Living cost
45 313
45 313
45 313
45 313
Free-cash
27 802
32 575
21 590
31 315

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
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.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29860
₽5335
₽10700
₽4046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other

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

-
-
-
2 159
regional
-
-
-
3 818
health
-
-
-
258
city
-
-
-
1 138
national
-
-
-
745
pensions
-
-
-
9 936
total
-
-
-
18 054
Employee
92 738
-
96 667
-
unemployment
-
-
-
-
pensions
7 791
-
8 119
-
national
439
-
523
-
regional
3 037
-
3 250
-
city
995
-
1 038
-
health
210
-
218
-
total
12 472
-
13 148
-
Employer
92 738
-
96 667
-
health
210
-
218
-
pensions
7 791
-
8 119
-
unemployment
-
-
-
-
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.

1 854
-
1 934
-
total
9 855
-
10 271
-
Corporate
4 387
108 000
-
-
regional
928
22 843
-
-
national
372
9 179
-
-
total
1 300
32 022
-
-
Dividends
3 086
75 978
-
-
withholding
1 081
26 592
-
-
total
1 081
26 592
-
-
Income
108 000
108 000
108 000
108 000
Total tax
24 708
58 614
23 419
18 054
After tax
83 292
49 386
84 581
89 946
Living cost
79 246
79 246
79 246
79 246
Free-cash
4 046
-29 860
5 335
10 700

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7638
₽29995
₽19451
₽23863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
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.

-
-
-
24 013
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.

-
-
-
1 322
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.

-
-
-
6 835
trade
-
-
-
10 544
total
-
-
-
42 714
Employee

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

60 131
-
108 000
-
surtax

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

389
-
1 322
-
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.

7 071
-
24 013
-
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.

6 835
-
6 835
-
total
14 295
-
32 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 869
108 000
-
-
income
7 181
16 200
-
-
surtax

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

395
890
-
-
chamber of commerce
218
304
-
-
trade
8 210
18 522
-
-
total
16 004
35 916
-
-
Dividends
31 865
72 084
-
-
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.

418
970
-
-
withholding
7 585
17 641
-
-
total
8 003
18 611
-
-
Income
108 000
108 000
108 000
108 000
Total tax
38 302
54 527
32 170
42 714
After tax
69 698
53 473
75 830
65 286
Living cost
45 835
45 835
45 835
45 835
Free-cash
23 863
7 638
29 995
19 451

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20198
₽32650
₽27738
₽26112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
11 411
other
-
-
-
3 347
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 436
pensions
-
-
-
25 760
total
-
-
-
46 030
Employee
42 822
-
87 279
-
pensions
4 842
-
4 439
-
surtax
-
-
-
-
social contributions
1 221
-
2 487
-
income
2 527
-
13 473
-
total
8 590
-
20 399
-
Employer
42 822
-
87 279
-
health
2 998
-
6 147
-
pensions
7 035
-
7 764
-
unemployment
1 734
-
3 535
-
social contributions
129
-
262
-
other
1 477
-
3 011
-
total
13 373
-
20 719
-
Corporate
51 806
108 000
-
-
income
14 506
30 241
-
-
surtax
-
-
-
-
total
14 506
30 241
-
-
Dividends
37 299
77 759
-
-
surtax
-
-
-
-
social contributions
6 414
13 376
-
-
withholding
4 773
9 953
-
-
total
11 187
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 656
53 570
41 118
46 030
After tax
60 344
54 430
66 882
61 970
Living cost
34 232
34 232
34 232
34 232
Free-cash
26 112
20 198
32 650
27 738

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23590
₽36042
₽31130
₽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
-
-
-
108 000
income
-
-
-
11 411
other
-
-
-
3 347
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 436
pensions
-
-
-
25 760
total
-
-
-
46 030
Employee
38 224
-
87 279
-
pensions
4 323
-
4 439
-
surtax
-
-
-
-
social contributions
1 090
-
2 487
-
income
1 971
-
13 473
-
total
7 384
-
20 399
-
Employer
38 224
-
87 279
-
health
2 675
-
6 147
-
pensions
6 281
-
7 764
-
unemployment
1 547
-
3 535
-
social contributions
114
-
262
-
other
1 320
-
3 011
-
total
11 937
-
20 719
-
Corporate
57 838
108 000
-
-
income
16 194
30 241
-
-
surtax
-
-
-
-
total
16 194
30 241
-
-
Dividends
41 644
77 759
-
-
surtax
-
-
-
-
social contributions
7 164
13 376
-
-
withholding
5 330
9 953
-
-
total
12 494
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 009
53 570
41 118
46 030
After tax
59 991
54 430
66 882
61 970
Living cost
30 840
30 840
30 840
30 840
Free-cash
29 151
23 590
36 042
31 130

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44674
₽47919
₽48141
₽45193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
social contributions
-
-
-
14 905
health
-
-
-
7 538
total
-
-
-
38 643
Employee
33 924
-
108 000
-
social contributions
4 682
-
14 905
-
income
5 658
-
16 422
-
health
2 368
-
7 538
-
total
12 708
-
38 865
-
Employer
33 924
-
108 000
-
total
-
-
-
-
Corporate
74 076
108 000
-
-
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%.

3 704
5 400
-
-
total
3 704
5 400
-
-
Dividends
70 371
102 600
-
-
social contributions
9 712
14 159
-
-
withholding
10 555
15 389
-
-
health
4 912
7 162
-
-
total
25 179
36 710
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 591
42 110
38 865
38 643
After tax
66 409
65 890
69 135
69 357
Living cost
21 216
21 216
21 216
21 216
Free-cash
45 193
44 674
47 919
48 141

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25155
-₽3512
₽18778
₽23607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
18 959
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
433
health
-
-
-
8 261
pensions
-
-
-
19 980
total
-
-
-
53 967
Employee
50 003
39 873
83 710
-
other
499
399
837
-
unemployment
1 500
1 196
2 512
-
pensions
5 121
4 082
8 573
-
income
5 692
2 941
16 828
-
health
1 935
1 544
3 239
-
total
14 747
10 162
31 989
-
Employer
50 003
39 873
83 710
-
chamber of commerce
199
159
334
-
health
1 889
1 508
3 165
-
pensions
6 275
5 005
10 506
-
accident
649
518
1 088
-
unemployment
1 500
1 196
2 512
-
surtax
197
197
197
-
payroll
1 500
1 196
2 512
-
other
2 375
1 893
3 976
-
total
14 584
11 672
24 290
-
Corporate
43 411
56 454
79 912
-
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.

10 853
14 113
19 978
-
total
10 853
14 113
19 978
-
Dividends
32 558
42 340
-
-
withholding
8 954
11 643
-
-
total
8 954
11 643
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 138
47 590
76 257
53 967
After tax
58 862
60 410
31 743
54 033
Living cost
35 255
35 255
35 255
35 255
Free-cash
23 607
25 155
-3 512
18 778

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24060
₽5145
₽13274
₽9053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
communal

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

-
-
-
5 444
social contributions
-
-
-
17 276
national
-
-
-
35 525
total
-
-
-
58 245
Employee

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

71 569
-
83 651
-
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.

623
-
727
-
communal

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

3 733
-
4 363
-
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.

5 368
-
6 273
-
national
22 003
-
26 729
-
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.

3 363
-
3 932
-
total
35 090
-
42 024
-
Employer

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

71 569
-
83 651
-
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.

4 401
-
5 144
-
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.

6 342
-
7 411
-
accident

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

930
-
1 088
-
unemployment

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

1 044
-
1 221
-
surtax
8 115
-
9 486
-
total
20 832
-
24 350
-
Corporate
15 598
108 000
-
-
income
3 120
21 600
-
-
surtax
63
433
-
-
total
3 183
22 033
-
-
Dividends
12 416
85 967
-
-
withholding

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

3 361
25 426
-
-
total
3 361
25 426
-
-
Income
108 000
108 000
108 000
108 000
Total tax
62 466
47 459
66 374
58 245
After tax
45 534
60 541
41 626
49 755
Living cost
36 481
36 481
36 481
36 481
Free-cash
9 053
24 060
5 145
13 274

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36616
₽20342
₽22541
₽28646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
835
income
-
-
-
21 504
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
49 325
Employee
49 805
-
81 893
-
other
49
-
82
-
unemployment
773
-
1 270
-
pensions
2 341
-
3 849
-
income
10 508
-
20 215
-
total
13 671
-
25 416
-
Employer
49 805
-
81 893
-
pensions
11 753
-
19 327
-
accident
985
-
1 622
-
unemployment
2 740
-
4 504
-
other
397
-
655
-
total
15 875
-
26 108
-
Corporate
42 320
108 000
-
-
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.

6 347
16 200
-
-
total
6 347
16 200
-
-
Dividends
35 973
91 800
-
-
withholding
7 327
19 050
-
-
total
7 327
19 050
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 220
35 250
51 524
49 325
After tax
64 780
72 750
56 476
58 675
Living cost
36 134
36 134
36 134
36 134
Free-cash
28 646
36 616
20 342
22 541

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11447
₽10941
₽6353
₽4245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
communal
-
-
-
6 826
accident
-
-
-
911
income
-
-
-
10 407
surtax
-
-
-
5 354
health
-
-
-
7 587
pensions
-
-
-
16 188
total
-
-
-
47 273
Employee
75 770
-
96 471
-
pensions
6 061
-
7 718
-
surtax
4 644
-
5 913
-
income
7 319
-
13 232
-
health
3 372
-
4 293
-
total
21 396
-
31 156
-
Employer
75 770
-
96 471
-
health
2 311
-
2 943
-
pensions
6 061
-
7 718
-
accident
682
-
868
-
total
9 054
-
11 529
-
Corporate
23 177
108 000
-
-
communal
-
7 289
-
-
income
3 477
16 200
-
-
surtax
243
1 134
-
-
total
3 720
24 623
-
-
Dividends
19 457
83 377
-
-
income
12 293
5 049
-
-
withholding
2 918
12 507
-
-
total
15 211
17 556
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 381
42 179
42 685
47 273
After tax
58 619
65 821
65 315
60 727
Living cost
54 374
54 374
54 374
54 374
Free-cash
4 245
11 447
10 941
6 353

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
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.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45458
₽30173
₽32046
₽42276
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 275
other
-
-
-
-
surtax
-
-
-
2 709
unemployment
-
-
-
228
health
-
-
-
7 669
pensions
-
-
-
21 600
total
-
-
-
53 481
Employee
33 695
-
89 218
-
other
-
-
-
-
unemployment
2 345
-
6 209
-
pensions
2 248
-
5 951
-
surtax
120
-
2 442
-
income
5 649
-
19 695
-
health
860
-
2 275
-
total
11 222
-
36 572
-
Employer
33 695
-
89 218
-
health
1 532
-
4 059
-
pensions
4 492
-
11 894
-
unemployment
1 069
-
2 829
-
other
-
-
-
-
total
7 093
-
18 782
-
Corporate
67 212
108 000
-
-
income
17 476
28 080
-
-
total
17 476
28 080
-
-
Dividends
49 736
79 920
-
-
withholding
7 460
11 989
-
-
total
7 460
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 251
40 069
55 354
53 481
After tax
64 749
67 931
52 646
54 519
Living cost
22 473
22 473
22 473
22 473
Free-cash
42 276
45 458
30 173
32 046

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29815
₽22391
₽27503
₽27594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 778
regional
-
-
-
1 628
municipal
-
-
-
642
national
-
-
-
23 497
total
-
-
-
53 545
Employee
55 502
-
108 000
-
municipal
294
-
573
-
national
8 793
-
20 214
-
regional
747
-
1 453
-
social contributions
18 716
-
36 417
-
total
28 550
-
58 657
-
Employer
55 502
-
108 000
-
total
-
-
-
-
Corporate
52 498
108 000
-
-
municipal
2 609
5 368
-
-
nationa
12 600
25 919
-
-
total
15 209
31 287
-
-
Dividends
37 290
76 713
-
-
withholding
9 695
19 946
-
-
total
9 695
19 946
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 454
51 233
58 657
53 545
After tax
54 546
56 767
49 343
54 455
Living cost
26 952
26 952
26 952
26 952
Free-cash
27 594
29 815
22 391
27 503

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
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.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43724
₽24171
₽21967
₽32795
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
health
-
-
-
14 580
total
-
-
-
55 399
Employee
45 050
-
80 597
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
5 239
-
income
5 406
-
9 672
-
health
6 082
-
10 881
-
total
14 416
-
25 792
-
Employer
45 050
-
80 597
-
health
4 055
-
7 254
-
social contributions
11 263
-
20 149
-
total
15 318
-
27 403
-
Corporate
47 632
108 000
-
-
income
9 050
20 520
-
-
total
9 050
20 520
-
-
Dividends
38 582
87 480
-
-
withholding
5 787
13 122
-
-
total
5 787
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
44 571
33 642
53 195
55 399
After tax
63 429
74 358
54 805
52 601
Living cost
30 634
30 634
30 634
30 634
Free-cash
32 795
43 724
24 171
21 967

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28594
-₽145
₽22309
₽28099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
18 959
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
433
health
-
-
-
8 261
pensions
-
-
-
19 980
total
-
-
-
53 770
Employee
43 737
39 873
83 863
-
other
437
399
839
-
unemployment
1 312
1 196
2 516
-
pensions
4 479
4 082
8 588
-
income
3 896
2 941
16 882
-
health
1 692
1 544
3 245
-
total
11 816
10 162
32 070
-
Employer
43 737
39 873
83 863
-
chamber of commerce
175
159
336
-
health
1 654
1 508
3 171
-
pensions
5 489
5 005
10 525
-
accident
568
518
1 090
-
unemployment
1 312
1 196
2 516
-
surtax
-
-
-
-
payroll
1 312
1 196
2 516
-
other
2 077
1 893
3 984
-
total
12 587
11 475
24 138
-
Corporate
51 677
56 651
80 066
-
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.

12 919
14 163
20 016
-
total
12 919
14 163
20 016
-
Dividends
38 758
42 489
-
-
withholding
10 658
11 685
-
-
total
10 658
11 685
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 980
47 485
76 224
53 770
After tax
60 020
60 515
31 776
54 230
Living cost
31 921
31 921
31 921
31 921
Free-cash
28 099
28 594
-145
22 309

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90032
₽73832
₽94352
₽87675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
108 000
microenterprise

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

-
-
-
1 080
total
-
-
-
1 080
Employee
15 710
-
108 000
-
income
3 142
-
21 600
-
total
3 142
-
21 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

92 290
108 000
-
-
total
-
-
-
-
Dividends
92 290
108 000
-
-
withholding
4 615
5 400
-
-
total
4 615
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
7 757
5 400
21 600
1 080
After tax
100 243
102 600
86 400
106 920
Living cost
12 568
12 568
12 568
12 568
Free-cash
87 675
90 032
73 832
94 352

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47522
₽25596
₽28691
₽39150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
21 960
unemployment
-
-
-
161
health
-
-
-
10 627
pensions
-
-
-
19 724
total
-
-
-
52 472
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.

44 244
-
93 448
-
unemployment
63
-
131
-
pensions
6 858
-
14 485
-
income
7 630
-
20 363
-
health
2 858
-
6 036
-
total
17 409
-
41 015
-
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.

44 244
-
93 448
-
health
2 947
-
6 224
-
pensions
3 915
-
8 271
-
unemployment
27
-
57
-
total
6 889
-
14 552
-
Corporate
56 867
108 000
-
-
income
10 806
20 519
-
-
total
10 806
20 519
-
-
Dividends
46 062
87 481
-
-
withholding
6 909
13 122
-
-
total
6 909
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 013
33 641
55 567
52 472
After tax
65 987
74 359
52 433
55 528
Living cost
26 837
26 837
26 837
26 837
Free-cash
39 150
47 522
25 596
28 691

Estimated living cost  is ₽26837 per week

₽18418
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.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21896
₽50832
₽30826
-₽43392
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 051
social contributions
-
-
-
12 312
total
-
-
-
33 363
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
108 000
-
-
income
-
23 760
-
-
total
-
23 760
-
-
Dividends
-
84 240
-
-
income
-
18 533
-
-
total
-
18 533
-
-
Income
108 000
108 000
108 000
108 000
Total tax
107 581
42 293
13 357
33 363
After tax
419
65 707
94 643
74 637
Living cost
43 811
43 811
43 811
43 811
Free-cash
-43 392
21 896
50 832
30 826

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30046
₽22648
₽28633
₽29037
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
10 453
surtax
-
-
-
-
social contributions

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

-
-
-
37 530
total
-
-
-
47 983
Employee
46 017
-
87 272
-
surtax
-
-
-
-
social contributions
5 062
-
9 600
-
income
9 572
-
23 642
-
total
14 634
-
33 242
-
Employer
46 017
-
87 272
-
social contributions
10 929
-
20 726
-
total
10 929
-
20 726
-
Corporate
51 054
108 000
-
-
income
10 722
22 680
-
-
surtax
-
-
-
-
total
10 722
22 680
-
-
Dividends
40 332
85 320
-
-
withholding
11 294
23 890
-
-
total
11 294
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 579
46 570
53 968
47 983
After tax
60 421
61 430
54 032
60 017
Living cost
31 384
31 384
31 384
31 384
Free-cash
29 037
30 046
22 648
28 633

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6105
₽18557
₽13645
₽12983
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
11 411
other
-
-
-
3 347
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 436
pensions
-
-
-
25 760
total
-
-
-
46 030
Employee
62 666
-
87 279
-
pensions
7 088
-
4 439
-
surtax
-
-
-
-
social contributions
1 785
-
2 487
-
income
5 468
-
13 473
-
total
14 341
-
20 399
-
Employer
62 666
-
87 279
-
health
4 386
-
6 147
-
pensions
10 297
-
7 764
-
unemployment
2 539
-
3 535
-
social contributions
188
-
262
-
other
2 163
-
3 011
-
total
19 573
-
20 719
-
Corporate
25 762
108 000
-
-
income
7 213
30 241
-
-
surtax
-
-
-
-
total
7 213
30 241
-
-
Dividends
18 549
77 759
-
-
surtax
-
-
-
-
social contributions
3 192
13 376
-
-
withholding
2 373
9 953
-
-
total
5 565
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 692
53 570
41 118
46 030
After tax
61 308
54 430
66 882
61 970
Living cost
48 325
48 325
48 325
48 325
Free-cash
12 983
6 105
18 557
13 645

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67124
₽54685
₽51814
₽63764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
2 349
social contributions
-
-
-
23 761
total
-
-
-
26 110
Employee
32 166
-
93 507
-
income
-
-
2 668
-
social contributions
2 090
-
6 078
-
total
2 090
-
8 746
-
Employer
32 166
-
93 507
-
social contributions
4 986
-
14 493
-
total
4 986
-
14 493
-
Corporate
70 848
108 000
-
-
income
7 084
10 800
-
-
total
7 084
10 800
-
-
Dividends
63 763
97 200
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
14 160
10 800
23 239
26 110
After tax
93 840
97 200
84 761
81 890
Living cost
30 076
30 076
30 076
30 076
Free-cash
63 764
67 124
54 685
51 814

Estimated living cost  is ₽30076 per week

₽19447
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2267
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽109883
-₽109883
₽18352
-₽109883
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
labour market
-
-
-
8 571
municipal
-
-
-
20 473
national
-
-
-
11 576
pensions
-
-
-
867
total
-
-
-
41 487
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
169 722
169 722
169 722
41 487
After tax
-61 722
-61 722
-61 722
66 513
Living cost
48 161
48 161
48 161
48 161
Free-cash
-109 883
-109 883
-109 883
18 352

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13225
₽34212
₽52110
₽5378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
256
income
-
-
-
26 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
33 917
Employee
34 565
-
93 000
-
pensions
3 892
-
7 734
-
income
4 742
-
18 433
-
health
3 958
-
10 648
-
total
12 592
-
36 815
-
Employer
34 565
-
93 000
-
pensions
5 620
-
11 169
-
accident
577
-
1 553
-
unemployment
847
-
2 278
-
total
7 044
-
15 000
-
Corporate
66 390
108 000
-
-
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.

59 751
97 200
-
-
total
59 751
97 200
-
-
Dividends
6 639
10 800
-
-
withholding
1 262
2 052
-
-
total
1 262
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
80 649
99 252
51 815
33 917
After tax
27 351
8 748
56 185
74 083
Living cost
21 973
21 973
21 973
21 973
Free-cash
5 378
-13 225
34 212
52 110

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32788
₽22569
₽37388
₽31435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
108 000
health
-
-
-
1 246
municipal
-
-
-
19 215
national
-
-
-
11 737
total
-
-
-
32 198
Employee
52 641
-
90 856
-
municipal
8 622
-
14 829
-
unemployment
790
-
1 363
-
pensions
3 553
-
6 133
-
national
870
-
6 566
-
health
393
-
982
-
total
14 228
-
29 873
-
Employer
52 641
-
90 856
-
health
404
-
699
-
pensions
9 133
-
15 763
-
accident
53
-
91
-
unemployment
342
-
591
-
total
9 932
-
17 144
-
Corporate
45 427
108 000
-
-
income
9 085
21 600
-
-
total
9 085
21 600
-
-
Dividends

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

27 256
64 800
-
-
municipal
4 906
11 664
-
-
national
-
3 534
-
-
total
4 906
15 198
-
-
Income
108 000
108 000
108 000
108 000
Total tax
38 151
36 798
47 017
32 198
After tax
69 849
71 202
60 983
75 802
Living cost
38 414
38 414
38 414
38 414
Free-cash
31 435
32 788
22 569
37 388

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55845
₽52257
₽52829
₽50399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
13 065
social contributions
-
-
-
16 188
health
-
-
-
2 753
total
-
-
-
32 006
Employee
76 937
76 937
98 049
-
social contributions
2 909
6 385
8 138
-
income
8 377
7 122
12 822
-
health
596
1 308
1 667
-
total
11 882
14 815
22 627
-
Employer
76 937
76 937
98 049
-
health
647
1 424
1 813
-
social contributions
2 909
6 385
8 138
-
total
3 556
7 809
9 951
-
Corporate
69 396
23 254
-
-
income
8 675
2 907
-
-
total
8 675
2 907
-
-
Dividends
60 721
20 347
-
-
withholding
10 323
3 459
-
-
total
10 323
3 459
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 436
28 990
32 578
32 006
After tax
73 564
79 010
75 422
75 994
Living cost
23 165
23 165
23 165
23 165
Free-cash
50 399
55 845
52 257
52 829

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
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.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73548
₽51607
₽71676
₽68458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108 000
income
-
-
-
10 424
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
20 438
Employee

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

22 966
-
98 222
-
unemployment
114
-
475
-
pensions
3 444
-
14 240
-
income
1 570
-
7 944
-
health
1 952
-
8 070
-
total
7 080
-
30 729
-
Employer

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

22 966
-
98 222
-
health
987
-
4 082
-
pensions
1 263
-
5 221
-
unemployment
114
-
475
-
total
2 364
-
9 778
-
Corporate
82 670
108 000
-
-
income
7 441
9 720
-
-
total
7 441
9 720
-
-
Dividends
75 229
98 280
-
-
withholding
6 771
8 846
-
-
total
6 771
8 846
-
-
Income
108 000
108 000
108 000
108 000
Total tax
23 656
18 566
40 507
20 438
After tax
84 344
89 434
67 493
87 562
Living cost
15 886
15 886
15 886
15 886
Free-cash
68 458
73 548
51 607
71 676

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45236
₽28962
₽31161
₽39989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
835
income
-
-
-
21 504
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
49 325
Employee
36 996
-
81 893
-
other
36
-
82
-
unemployment
573
-
1 270
-
pensions
1 739
-
3 849
-
income
7 133
-
20 215
-
total
9 481
-
25 416
-
Employer
36 996
-
81 893
-
pensions
8 730
-
19 327
-
accident
733
-
1 622
-
unemployment
2 035
-
4 504
-
other
296
-
655
-
total
11 794
-
26 108
-
Corporate
59 209
108 000
-
-
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.

8 882
16 200
-
-
total
8 882
16 200
-
-
Dividends
50 327
91 800
-
-
withholding
10 340
19 050
-
-
total
10 340
19 050
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 497
35 250
51 524
49 325
After tax
67 503
72 750
56 476
58 675
Living cost
27 514
27 514
27 514
27 514
Free-cash
39 989
45 236
28 962
31 161

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65452
₽66983
₽67121
₽65133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
36 498
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
38 939
Employee
2 954
-
106 408
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
36 424
-
health
148
-
354
-
total
1 015
-
37 486
-
Employer
2 954
-
106 408
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
104 381
108 000
-
-
income
22 964
23 760
-
-
total
22 964
23 760
-
-
Dividends
81 417
84 240
-
-
withholding
16 283
16 848
-
-
total
16 283
16 848
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 927
40 608
39 077
38 939
After tax
67 073
67 392
68 923
69 061
Living cost
1 940
1 940
1 940
1 940
Free-cash
65 133
65 452
66 983
67 121

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60728
₽40795
₽40796
₽55804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
21 954
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
49 902
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.

26 090
-
94 765
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
21 954
-
health
1 344
-
3 808
-
total
8 789
-
36 668
-
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.

26 090
-
94 765
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
77 240
108 000
-
-
income
11 586
16 200
-
-
total
11 586
16 200
-
-
Dividends
65 654
91 800
-
-
withholding
9 848
13 770
-
-
total
9 848
13 770
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 894
29 970
49 903
49 902
After tax
73 106
78 030
58 097
58 098
Living cost
17 302
17 302
17 302
17 302
Free-cash
55 804
60 728
40 795
40 796

Estimated living cost  is ₽17302 per week

₽11649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽34456
₽27058
₽33043
₽34094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
10 453
surtax
-
-
-
-
social contributions

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

-
-
-
37 530
total
-
-
-
47 983
Employee
38 833
-
87 272
-
surtax
-
-
-
-
social contributions
4 272
-
9 600
-
income
7 588
-
23 642
-
total
11 860
-
33 242
-
Employer
38 833
-
87 272
-
social contributions
9 222
-
20 726
-
total
9 222
-
20 726
-
Corporate
59 945
108 000
-
-
income
12 589
22 680
-
-
surtax
-
-
-
-
total
12 589
22 680
-
-
Dividends
47 356
85 320
-
-
withholding
13 261
23 890
-
-
total
13 261
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 932
46 570
53 968
47 983
After tax
61 068
61 430
54 032
60 017
Living cost
26 974
26 974
26 974
26 974
Free-cash
34 094
34 456
27 058
33 043

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37586
₽21312
₽23511
₽29954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
835
income
-
-
-
21 504
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
49 325
Employee
48 322
-
81 893
-
other
47
-
82
-
unemployment
748
-
1 270
-
pensions
2 271
-
3 849
-
income
10 093
-
20 215
-
total
13 159
-
25 416
-
Employer
48 322
-
81 893
-
pensions
11 404
-
19 327
-
accident
957
-
1 622
-
unemployment
2 658
-
4 504
-
other
387
-
655
-
total
15 406
-
26 108
-
Corporate
44 272
108 000
-
-
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.

6 642
16 200
-
-
total
6 642
16 200
-
-
Dividends
37 630
91 800
-
-
withholding
7 675
19 050
-
-
total
7 675
19 050
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 882
35 250
51 524
49 325
After tax
65 118
72 750
56 476
58 675
Living cost
35 164
35 164
35 164
35 164
Free-cash
29 954
37 586
21 312
23 511

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75135
₽68766
₽65266
₽69040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
25 529
Employee
22 782
-
101 146
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
10 115
-
health
1 048
-
1 607
-
total
5 577
-
15 174
-
Employer
22 782
-
101 146
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
80 748
108 000
-
-
income
8 075
10 800
-
-
total
8 075
10 800
-
-
Dividends
72 673
97 200
-
-
withholding
3 633
4 860
-
-
total
3 633
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 755
15 660
22 029
25 529
After tax
86 245
92 340
85 971
82 471
Living cost
17 205
17 205
17 205
17 205
Free-cash
69 040
75 135
68 766
65 266

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17069
₽37202
₽28379
₽30156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
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.

-
-
-
24 013
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.

-
-
-
1 322
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.

-
-
-
6 835
trade
-
-
-
8 823
total
-
-
-
40 993
Employee

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

49 783
-
108 000
-
surtax

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

226
-
1 322
-
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.

4 094
-
24 013
-
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.

6 835
-
6 835
-
total
11 155
-
32 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 217
108 000
-
-
income
8 732
16 200
-
-
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.

480
890
-
-
chamber of commerce
237
309
-
-
trade
8 354
15 497
-
-
total
17 803
32 896
-
-
Dividends
40 412
75 103
-
-
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.

535
1 012
-
-
withholding
9 723
18 395
-
-
total
10 258
19 407
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 216
52 303
32 170
40 993
After tax
68 784
55 697
75 830
67 007
Living cost
38 628
38 628
38 628
38 628
Free-cash
30 156
17 069
37 202
28 379

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18605
₽14570
₽14570
₽20813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
26 662
social contributions
-
-
-
9 773
total
-
-
-
36 435
Employee
78 265
-
108 000
-
income
14 768
-
26 662
-
social contributions
6 502
-
9 773
-
total
21 270
-
36 435
-
Employer
78 265
-
108 000
-
total
-
-
-
-
Corporate
29 735
108 000
-
-
income
3 718
13 500
-
-
total
3 718
13 500
-
-
Dividends
26 018
94 500
-
-
withholding
5 204
18 900
-
-
total
5 204
18 900
-
-
Income
108 000
108 000
108 000
108 000
Total tax
30 192
32 400
36 435
36 435
After tax
77 808
75 600
71 565
71 565
Living cost
56 995
56 995
56 995
56 995
Free-cash
20 813
18 605
14 570
14 570

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28594
₽43122
₽37180
₽32090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
103 398
-
income
4 980
-
19 354
-
social contributions
4 599
-
4 602
-
total
9 579
-
23 956
-
Employer
45 899
-
103 398
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
57 502
108 000
-
-
income
20 126
37 800
-
-
total
20 126
37 800
-
-
Dividends
37 376
70 200
-
-
social contributions
5 286
5 286
-
-
total
5 286
5 286
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 590
43 086
28 558
34 500
After tax
68 410
64 914
79 442
73 500
Living cost
36 320
36 320
36 320
36 320
Free-cash
32 090
28 594
43 122
37 180

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41050
₽30065
₽39790
₽38485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 783
pensions
-
-
-
7 589
total
-
-
-
31 372
Employee
50 566
-
94 961
-
pensions
3 859
-
9 187
-
income
9 208
-
17 301
-
health
660
-
1 570
-
total
13 727
-
28 058
-
Employer
50 566
-
94 961
-
health
961
-
1 804
-
pensions
5 109
-
11 235
-
total
6 070
-
13 039
-
Corporate
51 364
108 000
-
-
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.

9 759
20 520
-
-
total
9 759
20 520
-
-
Dividends
41 606
87 480
-
-
withholding
3 121
9 592
-
-
total
3 121
9 592
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 677
30 112
41 097
31 372
After tax
75 323
77 888
66 903
76 628
Living cost
36 838
36 838
36 838
36 838
Free-cash
38 485
41 050
30 065
39 790

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
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.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15401
₽32036
₽49934
₽5045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
256
income
-
-
-
26 856
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
33 917
Employee
37 987
-
93 000
-
pensions
4 277
-
7 734
-
income
5 211
-
18 433
-
health
4 349
-
10 648
-
total
13 837
-
36 815
-
Employer
37 987
-
93 000
-
pensions
6 176
-
11 169
-
accident
634
-
1 553
-
unemployment
931
-
2 278
-
total
7 741
-
15 000
-
Corporate
62 272
108 000
-
-
income

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

56 045
97 200
-
-
total
56 045
97 200
-
-
Dividends
6 227
10 800
-
-
withholding
1 183
2 052
-
-
total
1 183
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
78 806
99 252
51 815
33 917
After tax
29 194
8 748
56 185
74 083
Living cost
24 149
24 149
24 149
24 149
Free-cash
5 045
-15 401
32 036
49 934

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
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.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77368
₽55711
₽48011
₽73421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 000
income
-
-
-
16 775
unemployment
-
-
-
1 296
work injury
-
-
-
540
health insurance
-
-
-
7 992
pensions
-
-
-
19 872
total
-
-
-
46 475
Employee

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

21 623
-
108 000
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
16 775
-
total
8 108
-
38 775
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 377
108 000
-
-
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%.

-
1 080
-
-
total
-
1 080
-
-
Dividends
86 377
106 920
-
-
withholding
12 957
16 038
-
-
total
12 957
16 038
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 065
17 118
38 775
46 475
After tax
86 935
90 882
69 225
61 525
Living cost
13 514
13 514
13 514
13 514
Free-cash
73 421
77 368
55 711
48 011

Estimated living cost  is ₽13514 per week

₽8372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3738
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽17028
₽8976
₽13914
₽12477
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 778
regional
-
-
-
2 230
municipal
-
-
-
722
national
-
-
-
23 497
total
-
-
-
54 227
Employee
84 312
-
108 000
-
municipal
503
-
644
-
national
14 248
-
20 214
-
regional
1 273
-
1 890
-
social contributions
28 430
-
36 417
-
total
44 454
-
59 165
-
Employer
84 312
-
108 000
-
total
-
-
-
-
Corporate
23 688
108 000
-
-
municipal
1 141
5 206
-
-
nationa
5 685
25 919
-
-
total
6 826
31 125
-
-
Dividends
16 862
76 874
-
-
withholding
4 384
19 988
-
-
total
4 384
19 988
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 664
51 113
59 165
54 227
After tax
52 336
56 887
48 835
53 773
Living cost
39 859
39 859
39 859
39 859
Free-cash
12 477
17 028
8 976
13 914

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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