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
₽34356
₽25635
₽36201
₽44370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 014
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.

-
-
-
6 526
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.

-
-
-
1 468
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.

-
-
-
26 700
total
-
-
-
44 708
Employee

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

36 539
-
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.

56
-
1 468
-
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.

1 021
-
26 700
-
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.

6 526
-
6 526
-
total
7 603
-
34 694
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 461
108 000
-
-
trade
11 254
17 010
-
-
income
10 720
16 200
-
-
chamber of commerce
248
301
-
-
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.

589
890
-
-
total
22 811
34 401
-
-
Dividends
48 649
73 599
-
-
withholding
11 800
18 036
-
-
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.

649
992
-
-
total
12 449
19 028
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 863
53 429
34 694
44 708
After tax
65 137
54 571
73 306
63 292
Living cost
28 936
28 936
28 936
28 936
Free-cash
36 201
25 635
44 370
34 356

Estimated living cost  is ₽28936 per week

₽18201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14014
₽16445
₽15598
₽14860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
11 342
pensions
-
-
-
12 960
social contributions
-
-
-
1 161
national
-
-
-
17 576
total
-
-
-
43 039
Employee
78 977
-
93 365
-
municipal
9 755
-
11 761
-
national
15 116
-
18 224
-
pensions
3 159
-
3 735
-
total
28 030
-
33 720
-
Employer
78 977
-
93 365
-
pensions
6 318
-
7 469
-
social contributions
849
-
1 004
-
total
7 167
-
8 473
-
Corporate
16 643
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%.

3 329
21 600
-
-
total
3 329
21 600
-
-
Dividends
13 314
86 400
-
-
withholding
2 929
19 008
-
-
total
2 929
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 455
40 608
42 193
43 039
After tax
66 545
67 392
65 807
64 961
Living cost
50 947
50 947
50 947
50 947
Free-cash
15 598
16 445
14 860
14 014

Estimated living cost  is ₽50947 per week

₽34628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37637
₽66524
₽58689
₽40858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
income
-
-
-
15 766
microenterprise
-
-
-
-
total
-
-
-
50 488
Employee
27 915
-
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.

3 071
-
9 574
-
surtax
-
-
-
-
income
4 969
-
16 727
-
total
8 040
-
26 301
-
Employer
27 915
-
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.

6 724
-
20 966
-
total
6 724
-
20 966
-
Corporate
73 361
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%.

14 672
21 601
-
-
total
14 672
21 601
-
-
Dividends

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

58 689
86 399
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
29 436
21 601
47 267
50 488
After tax
78 564
86 399
60 733
57 512
Living cost
19 875
19 875
19 875
19 875
Free-cash
58 689
66 524
40 858
37 637

Estimated living cost  is ₽19875 per week

₽12679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21588
₽12551
₽6700
₽16102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 193
health
-
-
-
11 780
income
-
-
-
23 419
total
-
-
-
46 392
Employee
81 580
81 580
91 907
-
pensions
14 684
11 193
11 193
-
income

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

13 353
13 353
13 353
-
health
12 522
10 651
11 240
-
total
40 559
35 197
35 786
-
Employer
81 580
81 580
91 907
-
pensions
5 678
5 678
6 396
-
unemployment
2 937
2 937
3 309
-
health
5 671
5 671
6 387
-
total
14 286
14 286
16 092
-
Corporate
13 135
12 134
-
-
income
2 627
2 427
-
-
total
2 627
2 427
-
-
Dividends
10 508
9 707
-
-
withholding
1 575
1 456
-
-
income
2 233
2 063
-
-
total
3 808
3 519
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 280
55 429
51 878
46 392
After tax
46 720
52 571
56 122
61 608
Living cost
40 020
40 020
40 020
40 020
Free-cash
6 700
12 551
16 102
21 588

Estimated living cost  is ₽40020 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3608
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.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18516
₽19532
₽18647
₽18123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
24 739
pensions
-
-
-
9 343
health
-
-
-
5 393
other
-
-
-
10 043
unemployment
-
-
-
86
accident
-
-
-
173
national
-
-
-
271
total
-
-
-
50 048
Employee
56 193
-
82 179
-
municipal
16 757
-
24 506
-
national
-
-
115
-
total
16 757
-
24 621
-
Employer
56 193
-
82 179
-
pensions
6 074
-
8 884
-
other
6 530
-
9 549
-
unemployment
1 483
-
2 169
-
accident
112
-
164
-
health
3 456
-
5 054
-
total
17 655
-
25 820
-
Corporate
34 152
108 000
-
-
income
7 513
23 760
-
-
total
7 513
23 760
-
-
Dividends
26 638
84 240
-
-
withholding
7 992
25 272
-
-
total
7 992
25 272
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 917
49 032
50 441
50 048
After tax
58 083
58 968
57 559
57 952
Living cost
39 436
39 436
39 436
39 436
Free-cash
18 647
19 532
18 123
18 516

Estimated living cost  is ₽39436 per week

₽26137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8831
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25317
₽16487
₽29909
₽35777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 460
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.

-
-
-
6 526
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.

-
-
-
1 468
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.

-
-
-
26 700
total
-
-
-
45 154
Employee

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

48 446
-
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.

228
-
1 468
-
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.

4 162
-
26 700
-
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.

6 526
-
6 526
-
total
10 916
-
34 694
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 554
108 000
-
-
trade
9 797
17 766
-
-
income
8 934
16 200
-
-
chamber of commerce
230
299
-
-
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.

491
890
-
-
total
19 452
35 155
-
-
Dividends
40 102
72 844
-
-
withholding
9 663
17 848
-
-
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.

531
981
-
-
total
10 194
18 829
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 562
53 984
34 694
45 154
After tax
67 438
54 016
73 306
62 846
Living cost
37 529
37 529
37 529
37 529
Free-cash
29 909
16 487
35 777
25 317

Estimated living cost  is ₽37529 per week

₽25100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
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.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44902
₽47998
₽44034
₽43818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 754
social contributions
-
-
-
15 457
income
-
-
-
13 901
total
-
-
-
32 112
Employee
73 459
73 459
98 047
-
social contributions
3 570
6 097
8 138
-
income
7 714
6 800
13 439
-
health
731
1 249
1 666
-
total
12 015
14 146
23 243
-
Employer
73 459
73 459
98 047
-
social contributions
3 570
6 097
8 138
-
health
796
1 360
1 815
-
total
4 366
7 457
9 953
-
Corporate
60 635
27 084
-
-
income
7 580
3 385
-
-
total
7 580
3 385
-
-
Dividends
53 055
23 700
-
-
withholding
9 019
4 028
-
-
total
9 019
4 028
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 980
29 016
33 196
32 112
After tax
75 020
78 984
74 804
75 888
Living cost
30 986
30 986
30 986
30 986
Free-cash
44 034
47 998
43 818
44 902

Estimated living cost  is ₽30986 per week

₽21182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2420
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.
₽6864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57288
₽43269
₽43635
₽45079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 800
health
-
-
-
7 560
unemployment
-
-
-
1 620
income
-
-
-
13 203
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.

25 303
10 070
90 377
-
pensions
2 530
1 007
9 038
-
unemployment
380
151
1 356
-
income
3 093
1 231
11 049
-
health
1 771
705
6 326
-
total
7 774
3 094
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.

25 303
10 070
90 377
-
pensions
4 934
1 964
17 623
-
total
4 934
1 964
17 623
-
Corporate
77 762
95 966
-
-
income
6 999
8 637
-
-
total
6 999
8 637
-
-
Dividends
70 764
87 329
-
-
withholding
13 445
16 593
-
-
social contributions
13 684
16 914
-
-
total
27 129
33 507
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 836
47 202
45 392
33 183
After tax
61 164
60 798
62 608
74 817
Living cost
17 529
17 529
17 529
17 529
Free-cash
43 635
43 269
45 079
57 288

Estimated living cost  is ₽17529 per week

₽11962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1434
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34812
₽63325
₽57392
₽39178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 601
health
-
-
-
14 041
income
-
-
-
14 472
total
-
-
-
50 114
Employee
27 101
-
80 718
-
pensions
542
-
1 613
-
unemployment
433
-
1 291
-
income
3 051
-
15 562
-
total
4 026
-
18 466
-
Employer
27 101
-
80 718
-
pensions
5 421
-
16 144
-
unemployment
218
-
645
-
health
3 522
-
10 493
-
total
9 161
-
27 282
-
Corporate
71 739
108 000
-
-
income
14 347
21 601
-
-
total
14 347
21 601
-
-
Dividends
57 391
86 399
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 534
21 601
45 748
50 114
After tax
80 466
86 399
62 252
57 886
Living cost
23 074
23 074
23 074
23 074
Free-cash
57 392
63 325
39 178
34 812

Estimated living cost  is ₽23074 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1374
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5410
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52659
-₽12651
₽5465
₽35040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
27 168
total
-
-
-
33 942
Employee
33 661
-
93 434
-
pensions
3 790
-
7 421
-
income
4 618
-
18 877
-
health
3 854
-
10 698
-
total
12 262
-
36 996
-
Employer
33 661
-
93 434
-
pensions
5 474
-
10 716
-
unemployment
825
-
2 289
-
accident
562
-
1 560
-
total
6 861
-
14 565
-
Corporate
67 479
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.

60 731
97 200
-
-
total
60 731
97 200
-
-
Dividends
6 748
10 800
-
-
withholding
1 282
2 052
-
-
total
1 282
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
81 136
99 252
51 561
33 942
After tax
26 864
8 748
56 439
74 058
Living cost
21 399
21 399
21 399
21 399
Free-cash
5 465
-12 651
35 040
52 659

Estimated living cost  is ₽21399 per week

₽15683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1186
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽99079
₽94759
₽93289
₽78559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 800
-
108 000
-
income
1 960
-
21 600
-
total
1 960
-
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%.

98 200
108 000
-
-
total
-
-
-
-
Dividends
98 200
108 000
-
-
withholding
4 910
5 400
-
-
total
4 910
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
6 870
5 400
21 600
1 080
After tax
101 130
102 600
86 400
106 920
Living cost
7 841
7 841
7 841
7 841
Free-cash
93 289
94 759
78 559
99 079

Estimated living cost  is ₽7841 per week

₽4859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽216
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32738
₽53894
₽47442
₽37203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
health
-
-
-
4 752
other
-
-
-
5 130
income
-
-
-
14 006
total
-
-
-
49 807
Employee
34 687
-
86 262
-
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.

2 427
-
6 037
-
unemployment
346
-
863
-
income
5 972
-
15 497
-
health
486
-
1 207
-
total
9 231
-
23 604
-
Employer
34 687
-
86 262
-
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.

5 897
-
14 664
-
other
1 735
-
4 313
-
unemployment
346
-
863
-
accident
277
-
691
-
health
486
-
1 207
-
total
8 741
-
21 738
-
Corporate
64 572
108 000
-
-
income
13 560
22 679
-
-
total
13 560
22 679
-
-
Dividends
51 011
85 321
-
-
withholding
3 571
5 972
-
-
total
3 571
5 972
-
-
Income
108 000
108 000
108 000
108 000
Total tax
35 103
28 651
45 342
49 807
After tax
72 897
79 349
62 658
58 193
Living cost
25 455
25 455
25 455
25 455
Free-cash
47 442
53 894
37 203
32 738

Estimated living cost  is ₽25455 per week

₽17986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12777
₽13769
₽4692
₽2791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 337
income
-
-
-
24 646
total
-
-
-
31 983
Employee
89 475
-
94 884
-
pensions
8 632
-
9 282
-
income
16 129
-
17 989
-
health
1 474
-
1 585
-
total
26 235
-
28 856
-
Employer
89 475
-
94 884
-
pensions
10 564
-
11 310
-
health
1 699
-
1 803
-
total
12 263
-
13 113
-
Corporate
6 261
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.

1 189
20 521
-
-
total
1 189
20 521
-
-
Dividends
5 072
87 479
-
-
withholding
381
10 470
-
-
total
381
10 470
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 068
30 991
41 969
31 983
After tax
67 932
77 009
66 031
76 017
Living cost
63 240
63 240
63 240
63 240
Free-cash
4 692
13 769
2 791
12 777

Estimated living cost  is ₽63240 per week

₽47387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽70376
₽79821
₽75386
₽73962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 936
health
-
-
-
3 836
unemployment
-
-
-
133
income
-
-
-
16 200
total
-
-
-
25 105
Employee
16 577
-
101 456
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 456
-
2 929
-
income
1 657
-
10 146
-
health
762
-
1 534
-
total
4 058
-
14 976
-
Employer
16 577
-
101 456
-
pensions

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

1 827
-
3 675
-
unemployment
99
-
200
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
health
1 144
-
2 301
-
total
3 253
-
6 543
-
Corporate
88 170
108 000
-
-
income
8 817
10 800
-
-
total
8 817
10 800
-
-
Dividends
79 352
97 200
-
-
withholding
3 967
4 860
-
-
total
3 967
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 095
15 660
21 519
25 105
After tax
87 905
92 340
86 481
82 895
Living cost
12 519
12 519
12 519
12 519
Free-cash
75 386
79 821
73 962
70 376

Estimated living cost  is ₽12519 per week

₽7309
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8634
-₽403
₽1999
₽3148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 193
health
-
-
-
11 780
income
-
-
-
23 419
total
-
-
-
46 392
Employee
88 570
81 580
91 907
-
pensions
11 193
11 193
11 193
-
income

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

13 353
13 353
13 353
-
health
11 050
10 651
11 240
-
total
35 596
35 197
35 786
-
Employer
88 570
81 580
91 907
-
pensions
6 164
5 678
6 396
-
unemployment
3 189
2 937
3 309
-
health
6 155
5 671
6 387
-
total
15 508
14 286
16 092
-
Corporate
3 923
12 134
-
-
income
785
2 427
-
-
total
785
2 427
-
-
Dividends
3 138
9 707
-
-
withholding
471
1 456
-
-
income
667
2 063
-
-
total
1 138
3 519
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 027
55 429
51 878
46 392
After tax
54 973
52 571
56 122
61 608
Living cost
52 974
52 974
52 974
52 974
Free-cash
1 999
-403
3 148
8 634

Estimated living cost  is ₽52974 per week

₽39077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28876
₽50633
₽42168
₽31080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 580
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
income
-
-
-
9 283
total
-
-
-
55 399
Employee
34 890
-
80 597
-
social contributions
2 268
-
5 239
-
income
4 187
-
9 672
-
solidarity contribution
-
-
-
-
health
4 710
-
10 881
-
total
11 165
-
25 792
-
Employer
34 890
-
80 597
-
social contributions
8 723
-
20 149
-
health
3 140
-
7 254
-
total
11 863
-
27 403
-
Corporate
61 247
108 000
-
-
income
11 637
20 520
-
-
total
11 637
20 520
-
-
Dividends
49 610
87 480
-
-
withholding
7 442
13 122
-
-
total
7 442
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 107
33 642
53 195
55 399
After tax
65 893
74 358
54 805
52 601
Living cost
23 725
23 725
23 725
23 725
Free-cash
42 168
50 633
31 080
28 876

Estimated living cost  is ₽23725 per week

₽16480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14244
₽17311
₽12323
₽9104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
642
regional
-
-
-
1 214
social contributions
-
-
-
27 777
national
-
-
-
23 812
total
-
-
-
53 445
Employee
84 903
-
108 000
-
social contributions
28 629
-
36 417
-
municipal
450
-
573
-
regional
801
-
1 066
-
national
14 712
-
20 529
-
total
44 592
-
58 585
-
Employer
84 903
-
108 000
-
total
-
-
-
-
Corporate
23 097
108 000
-
-
nationa
5 544
25 921
-
-
municipal
901
4 211
-
-
total
6 445
30 132
-
-
Dividends
16 653
77 868
-
-
withholding
4 329
20 246
-
-
total
4 329
20 246
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 366
50 378
58 585
53 445
After tax
52 634
57 622
49 415
54 555
Living cost
40 311
40 311
40 311
40 311
Free-cash
12 323
17 311
9 104
14 244

Estimated living cost  is ₽40311 per week

₽28100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32664
₽46850
₽43877
₽30892
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 601
health
-
-
-
7 667
surtax
-
-
-
2 853
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
21 916
total
-
-
-
54 255
Employee
31 592
-
89 220
-
surtax
103
-
2 574
-
pensions
2 107
-
5 952
-
other
-
-
-
-
unemployment
2 199
-
6 209
-
income
5 295
-
20 237
-
health
807
-
2 275
-
total
10 511
-
37 247
-
Employer
31 592
-
89 220
-
pensions
4 211
-
11 893
-
other
-
-
-
-
unemployment
1 001
-
2 828
-
health
1 438
-
4 059
-
total
6 650
-
18 780
-
Corporate
69 759
108 000
-
-
income
18 138
28 080
-
-
total
18 138
28 080
-
-
Dividends
51 621
79 920
-
-
withholding
7 743
11 989
-
-
total
7 743
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 042
40 069
56 027
54 255
After tax
64 958
67 931
51 973
53 745
Living cost
21 081
21 081
21 081
21 081
Free-cash
43 877
46 850
30 892
32 664

Estimated living cost  is ₽21081 per week

₽12890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
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.
₽5760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32813
₽33805
₽30273
₽22827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 337
income
-
-
-
24 646
total
-
-
-
31 983
Employee
59 964
-
94 884
-
pensions
5 090
-
9 282
-
income
10 800
-
17 989
-
health
870
-
1 585
-
total
16 760
-
28 856
-
Employer
59 964
-
94 884
-
pensions
6 491
-
11 310
-
health
1 139
-
1 803
-
total
7 630
-
13 113
-
Corporate
40 406
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.

7 678
20 521
-
-
total
7 678
20 521
-
-
Dividends
32 728
87 479
-
-
withholding
2 455
10 470
-
-
total
2 455
10 470
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 523
30 991
41 969
31 983
After tax
73 477
77 009
66 031
76 017
Living cost
43 204
43 204
43 204
43 204
Free-cash
30 273
33 805
22 827
32 813

Estimated living cost  is ₽43204 per week

₽32368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽13462
-₽26935
₽5718
₽8107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 926
city
-
-
-
1 139
pensions
-
-
-
9 934
health
-
-
-
249
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.

-
-
-
2 160
national
-
-
-
809
total
-
-
-
18 217
Employee
89 316
-
96 668
-
regional
2 925
-
3 338
-
national
423
-
588
-
pensions
7 504
-
8 119
-
unemployment
-
-
-
-
city
959
-
1 039
-
health
202
-
218
-
total
12 013
-
13 302
-
Employer
89 316
-
96 668
-
pensions
7 504
-
8 119
-
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.

1 786
-
1 933
-
unemployment
-
-
-
-
health
202
-
218
-
total
9 492
-
10 270
-
Corporate
8 211
108 000
-
-
regional
1 737
22 842
-
-
national
698
9 180
-
-
total
2 435
32 022
-
-
Dividends
5 776
75 978
-
-
withholding
2 021
26 592
-
-
total
2 021
26 592
-
-
Income
108 000
108 000
108 000
108 000
Total tax
25 961
58 614
23 572
18 217
After tax
82 039
49 386
84 428
89 783
Living cost
76 321
76 321
76 321
76 321
Free-cash
5 718
-26 935
8 107
13 462

Estimated living cost  is ₽76321 per week

₽49631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽937
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18637
₽9696
₽25184
₽29542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
10 905
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.

-
-
-
6 526
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.

-
-
-
1 468
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.

-
-
-
26 700
total
-
-
-
45 599
Employee

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

57 413
-
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.

372
-
1 468
-
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.

6 751
-
26 700
-
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.

6 526
-
6 526
-
total
13 649
-
34 694
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 587
108 000
-
-
trade
8 677
18 522
-
-
income
7 589
16 200
-
-
chamber of commerce
216
297
-
-
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.

417
890
-
-
total
16 899
35 909
-
-
Dividends
33 689
72 090
-
-
withholding
8 060
17 659
-
-
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.

444
972
-
-
total
8 504
18 631
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 052
54 540
34 694
45 599
After tax
68 948
53 460
73 306
62 401
Living cost
43 764
43 764
43 764
43 764
Free-cash
25 184
9 696
29 542
18 637

Estimated living cost  is ₽43764 per week

₽31963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29152
₽21747
₽27388
₽33332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 002
health
-
-
-
2 685
surtax
-
-
-
-
other
-
-
-
3 348
social contributions
-
-
-
3 078
income
-
-
-
12 050
total
-
-
-
46 163
Employee
40 886
-
86 889
-
social contributions
1 166
-
2 475
-
surtax
-
-
-
-
pensions
4 623
-
4 599
-
income
2 413
-
13 797
-
total
8 202
-
20 871
-
Employer
40 886
-
86 889
-
pensions
6 717
-
8 001
-
social contributions
123
-
261
-
other
1 410
-
2 999
-
unemployment
1 655
-
3 519
-
health
2 863
-
6 332
-
total
12 768
-
21 112
-
Corporate
54 346
108 000
-
-
income
15 217
30 241
-
-
surtax
-
-
-
-
total
15 217
30 241
-
-
Dividends
39 128
77 759
-
-
withholding
5 009
9 953
-
-
surtax
-
-
-
-
social contributions
6 731
13 374
-
-
total
11 740
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 927
53 568
41 983
46 163
After tax
60 073
54 432
66 017
61 837
Living cost
32 685
32 685
32 685
32 685
Free-cash
27 388
21 747
33 332
29 152

Estimated living cost  is ₽32685 per week

₽20609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32391
₽24986
₽30294
₽36571
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 002
health
-
-
-
2 685
surtax
-
-
-
-
other
-
-
-
3 348
social contributions
-
-
-
3 078
income
-
-
-
12 050
total
-
-
-
46 163
Employee
36 497
-
86 889
-
social contributions
1 041
-
2 475
-
surtax
-
-
-
-
pensions
4 128
-
4 599
-
income
1 882
-
13 797
-
total
7 051
-
20 871
-
Employer
36 497
-
86 889
-
pensions
5 997
-
8 001
-
social contributions
109
-
261
-
other
1 260
-
2 999
-
unemployment
1 478
-
3 519
-
health
2 554
-
6 332
-
total
11 398
-
21 112
-
Corporate
60 106
108 000
-
-
income
16 829
30 241
-
-
surtax
-
-
-
-
total
16 829
30 241
-
-
Dividends
43 277
77 759
-
-
withholding
5 540
9 953
-
-
surtax
-
-
-
-
social contributions
7 442
13 374
-
-
total
12 982
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 260
53 568
41 983
46 163
After tax
59 740
54 432
66 017
61 837
Living cost
29 446
29 446
29 446
29 446
Free-cash
30 294
24 986
36 571
32 391

Estimated living cost  is ₽29446 per week

₽17077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
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.
₽8820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49101
₽45632
₽46128
₽48644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 538
social contributions
-
-
-
14 904
income
-
-
-
16 200
total
-
-
-
38 642
Employee
32 391
-
108 000
-
social contributions
4 471
-
14 904
-
income
5 402
-
16 657
-
health
2 261
-
7 538
-
total
12 134
-
39 099
-
Employer
32 391
-
108 000
-
total
-
-
-
-
Corporate
75 609
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%.

3 780
5 401
-
-
total
3 780
5 401
-
-
Dividends
71 829
102 599
-
-
withholding
10 774
15 390
-
-
social contributions
9 913
14 159
-
-
health
5 014
7 161
-
-
total
25 701
36 710
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 615
42 111
39 099
38 642
After tax
66 385
65 889
68 901
69 358
Living cost
20 257
20 257
20 257
20 257
Free-cash
46 128
45 632
48 644
49 101

Estimated living cost  is ₽20257 per week

₽13557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20001
₽26670
₽25192
-₽2500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 980
health
-
-
-
8 261
surtax
-
-
-
189
unemployment
-
-
-
5 859
income
-
-
-
19 617
chamber of commerce
-
-
-
431
total
-
-
-
54 337
Employee
47 742
38 071
83 716
-
pensions
4 889
3 898
8 573
-
other
477
381
838
-
unemployment
1 432
1 142
2 511
-
income
5 435
2 808
17 371
-
health
1 847
1 474
3 240
-
total
14 080
9 703
32 533
-
Employer
47 742
38 071
83 716
-
payroll
1 432
1 142
2 511
-
chamber of commerce
190
152
335
-
pensions
5 992
4 779
10 506
-
surtax
189
189
189
-
other
2 268
1 807
3 977
-
unemployment
1 432
1 142
2 511
-
accident
620
495
1 088
-
health
1 804
1 439
3 165
-
total
13 927
11 145
24 282
-
Corporate
46 331
58 784
80 092
-
income

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

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

11 583
14 695
20 023
-
total
11 583
14 695
20 023
-
Dividends
34 748
44 088
-
-
withholding
9 556
12 125
-
-
total
9 556
12 125
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 146
47 668
76 838
54 337
After tax
58 854
60 332
31 162
53 663
Living cost
33 662
33 662
33 662
33 662
Free-cash
25 192
26 670
-2 500
20 001

Estimated living cost  is ₽33662 per week

₽22451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14428
₽25694
₽11363
₽6524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 390
communal

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

-
-
-
5 437
national
-
-
-
35 913
total
-
-
-
58 740
Employee

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

68 334
-
83 653
-
national
21 009
-
27 000
-
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.

5 125
-
6 274
-
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.

595
-
727
-
communal

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

3 564
-
4 364
-
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.

3 211
-
3 932
-
total
33 504
-
42 297
-
Employer

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

68 334
-
83 653
-
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.

6 055
-
7 411
-
surtax
7 748
-
9 485
-
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.

997
-
1 222
-
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.

888
-
1 086
-
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.

4 202
-
5 143
-
total
19 890
-
24 347
-
Corporate
19 775
108 000
-
-
income
3 956
21 601
-
-
surtax
80
431
-
-
total
4 036
22 032
-
-
Dividends
15 739
85 968
-
-
withholding

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

4 375
25 442
-
-
total
4 375
25 442
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 805
47 474
66 644
58 740
After tax
46 195
60 526
41 356
49 260
Living cost
34 832
34 832
34 832
34 832
Free-cash
11 363
25 694
6 524
14 428

Estimated living cost  is ₽34832 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24596
₽38216
₽30630
₽21611
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
22 339
total
-
-
-
48 904
Employee
47 553
-
81 893
-
pensions
2 235
-
3 849
-
other
47
-
82
-
unemployment
738
-
1 269
-
income
10 033
-
20 584
-
total
13 053
-
25 784
-
Employer
47 553
-
81 893
-
pensions
11 222
-
19 327
-
other
379
-
654
-
unemployment
2 616
-
4 503
-
accident
941
-
1 621
-
total
15 158
-
26 105
-
Corporate
45 289
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.

6 793
16 200
-
-
total
6 793
16 200
-
-
Dividends
38 496
91 800
-
-
withholding
7 866
19 084
-
-
total
7 866
19 084
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 870
35 284
51 889
48 904
After tax
65 130
72 716
56 111
59 096
Living cost
34 500
34 500
34 500
34 500
Free-cash
30 630
38 216
21 611
24 596

Estimated living cost  is ₽34500 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8101
₽13720
₽6610
₽12537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 187
health
-
-
-
7 587
surtax
-
-
-
5 353
accident
-
-
-
910
communal
-
-
-
6 826
income
-
-
-
11 120
total
-
-
-
47 983
Employee
72 345
-
96 472
-
surtax
4 434
-
5 912
-
pensions
5 787
-
7 717
-
income
6 988
-
14 098
-
health
3 220
-
4 293
-
total
20 429
-
32 020
-
Employer
72 345
-
96 472
-
pensions
5 787
-
7 717
-
accident
651
-
868
-
health
2 206
-
2 942
-
total
8 644
-
11 527
-
Corporate
27 011
108 000
-
-
communal
-
7 290
-
-
income
4 052
16 200
-
-
surtax
283
1 135
-
-
total
4 335
24 625
-
-
Dividends
22 676
83 375
-
-
withholding
3 401
12 507
-
-
income
12 665
5 232
-
-
total
16 066
17 739
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 474
42 364
43 547
47 983
After tax
58 526
65 636
64 453
60 017
Living cost
51 916
51 916
51 916
51 916
Free-cash
6 610
13 720
12 537
8 101

Estimated living cost  is ₽51916 per week

₽38945
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32287
₽46473
₽43436
₽30515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
21 601
health
-
-
-
7 667
surtax
-
-
-
2 853
other
-
-
-
-
unemployment
-
-
-
218
income
-
-
-
21 916
total
-
-
-
54 255
Employee
32 172
-
89 220
-
surtax
114
-
2 574
-
pensions
2 146
-
5 952
-
other
-
-
-
-
unemployment
2 239
-
6 209
-
income
5 393
-
20 237
-
health
821
-
2 275
-
total
10 713
-
37 247
-
Employer
32 172
-
89 220
-
pensions
4 289
-
11 893
-
other
-
-
-
-
unemployment
1 021
-
2 828
-
health
1 463
-
4 059
-
total
6 773
-
18 780
-
Corporate
69 055
108 000
-
-
income
17 955
28 080
-
-
total
17 955
28 080
-
-
Dividends
51 100
79 920
-
-
withholding
7 665
11 989
-
-
total
7 665
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 106
40 069
56 027
54 255
After tax
64 894
67 931
51 973
53 745
Living cost
21 458
21 458
21 458
21 458
Free-cash
43 436
46 473
30 515
32 287

Estimated living cost  is ₽21458 per week

₽12955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28406
₽31032
₽28912
₽23294
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
642
regional
-
-
-
1 629
social contributions
-
-
-
27 777
national
-
-
-
23 812
total
-
-
-
53 860
Employee
52 993
-
108 000
-
social contributions
17 870
-
36 417
-
municipal
281
-
573
-
regional
713
-
1 453
-
national
8 396
-
20 529
-
total
27 260
-
58 972
-
Employer
52 993
-
108 000
-
total
-
-
-
-
Corporate
55 007
108 000
-
-
nationa
13 201
25 921
-
-
municipal
2 734
5 368
-
-
total
15 935
31 289
-
-
Dividends
39 072
76 711
-
-
withholding
10 159
19 945
-
-
total
10 159
19 945
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 354
51 234
58 972
53 860
After tax
54 646
56 766
49 028
54 140
Living cost
25 734
25 734
25 734
25 734
Free-cash
28 912
31 032
23 294
28 406

Estimated living cost  is ₽25734 per week

₽16004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and 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 Naples model

Close
Prague , Czech Republic
₽23365
₽45122
₽34693
₽25569
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
14 580
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
income
-
-
-
9 283
total
-
-
-
55 399
Employee
42 994
-
80 597
-
social contributions
2 795
-
5 239
-
income
5 159
-
9 672
-
solidarity contribution
-
-
-
-
health
5 804
-
10 881
-
total
13 758
-
25 792
-
Employer
42 994
-
80 597
-
social contributions
10 748
-
20 149
-
health
3 869
-
7 254
-
total
14 617
-
27 403
-
Corporate
50 388
108 000
-
-
income
9 574
20 520
-
-
total
9 574
20 520
-
-
Dividends
40 815
87 480
-
-
withholding
6 122
13 122
-
-
total
6 122
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
44 071
33 642
53 195
55 399
After tax
63 929
74 358
54 805
52 601
Living cost
29 236
29 236
29 236
29 236
Free-cash
34 693
45 122
25 569
23 365

Estimated living cost  is ₽29236 per week

₽21742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23374
₽29958
₽29483
₽715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 980
health
-
-
-
8 261
surtax
-
-
-
-
unemployment
-
-
-
5 859
income
-
-
-
19 617
chamber of commerce
-
-
-
431
total
-
-
-
54 148
Employee
41 760
38 071
83 863
-
pensions
4 277
3 898
8 588
-
other
417
381
839
-
unemployment
1 253
1 142
2 516
-
income
3 720
2 808
17 422
-
health
1 615
1 474
3 245
-
total
11 282
9 703
32 610
-
Employer
41 760
38 071
83 863
-
payroll
1 253
1 142
2 516
-
chamber of commerce
167
152
335
-
pensions
5 241
4 779
10 526
-
surtax
-
-
-
-
other
1 983
1 807
3 983
-
unemployment
1 253
1 142
2 516
-
accident
542
495
1 090
-
health
1 579
1 439
3 171
-
total
12 018
10 956
24 137
-
Corporate
54 223
58 972
80 237
-
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.

13 555
14 742
20 060
-
total
13 555
14 742
20 060
-
Dividends
40 668
44 230
-
-
withholding
11 184
12 163
-
-
total
11 184
12 163
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 039
47 564
76 807
54 148
After tax
59 961
60 436
31 193
53 852
Living cost
30 478
30 478
30 478
30 478
Free-cash
29 483
29 958
715
23 374

Estimated living cost  is ₽30478 per week

₽18283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽94702
₽90382
₽88090
₽74182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 273
-
108 000
-
income
3 055
-
21 600
-
total
3 055
-
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%.

92 727
108 000
-
-
total
-
-
-
-
Dividends
92 727
108 000
-
-
withholding
4 637
5 400
-
-
total
4 637
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
7 692
5 400
21 600
1 080
After tax
100 308
102 600
86 400
106 920
Living cost
12 218
12 218
12 218
12 218
Free-cash
88 090
90 382
74 182
94 702

Estimated living cost  is ₽12218 per week

₽8268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽513
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.
₽3027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29707
₽48734
₽40744
₽26612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 724
health
-
-
-
10 627
unemployment
-
-
-
161
income
-
-
-
22 157
total
-
-
-
52 669
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.

42 244
-
93 448
-
pensions
6 548
-
14 485
-
unemployment
60
-
131
-
income
7 285
-
20 561
-
health
2 728
-
6 037
-
total
16 621
-
41 214
-
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.

42 244
-
93 448
-
pensions
3 738
-
8 270
-
unemployment
25
-
56
-
health
2 814
-
6 224
-
total
6 577
-
14 550
-
Corporate
59 178
108 000
-
-
income
11 244
20 520
-
-
total
11 244
20 520
-
-
Dividends
47 935
87 480
-
-
withholding
7 190
13 122
-
-
total
7 190
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 632
33 642
55 764
52 669
After tax
66 368
74 358
52 236
55 331
Living cost
25 624
25 624
25 624
25 624
Free-cash
40 744
48 734
26 612
29 707

Estimated living cost  is ₽25624 per week

₽17585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32810
₽23880
-₽36538
₽53420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 312
income
-
-
-
21 051
total
-
-
-
33 363
Employee
59 975
-
-
-
social contributions
4 918
-
701
-
income
13 229
-
-
-
total
18 147
-
701
-
Employer
59 975
-
-
-
social contributions
84 564
-
12 052
-
total
84 564
-
12 052
-
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
102 711
42 293
12 753
33 363
After tax
5 289
65 707
95 247
74 637
Living cost
41 827
41 827
41 827
41 827
Free-cash
-36 538
23 880
53 420
32 810

Estimated living cost  is ₽41827 per week

₽27139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29837
₽31466
₽30504
₽23555
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
37 531
income
-
-
-
10 667
total
-
-
-
48 198
Employee
43 937
-
87 273
-
social contributions
4 833
-
9 599
-
surtax
-
-
-
-
income
9 139
-
24 154
-
total
13 972
-
33 753
-
Employer
43 937
-
87 273
-
social contributions
10 435
-
20 727
-
total
10 435
-
20 727
-
Corporate
53 628
108 000
-
-
income
11 262
22 679
-
-
surtax
-
-
-
-
total
11 262
22 679
-
-
Dividends
42 366
85 321
-
-
withholding
11 862
23 890
-
-
total
11 862
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 531
46 569
54 480
48 198
After tax
60 469
61 431
53 520
59 802
Living cost
29 965
29 965
29 965
29 965
Free-cash
30 504
31 466
23 555
29 837

Estimated living cost  is ₽29965 per week

₽22420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15696
₽8291
₽14856
₽19876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 002
health
-
-
-
2 685
surtax
-
-
-
-
other
-
-
-
3 348
social contributions
-
-
-
3 078
income
-
-
-
12 050
total
-
-
-
46 163
Employee
59 833
-
86 889
-
social contributions
1 704
-
2 475
-
surtax
-
-
-
-
pensions
6 768
-
4 599
-
income
5 221
-
13 797
-
total
13 693
-
20 871
-
Employer
59 833
-
86 889
-
pensions
9 831
-
8 001
-
social contributions
179
-
261
-
other
2 065
-
2 999
-
unemployment
2 424
-
3 519
-
health
4 188
-
6 332
-
total
18 687
-
21 112
-
Corporate
29 479
108 000
-
-
income
8 254
30 241
-
-
surtax
-
-
-
-
total
8 254
30 241
-
-
Dividends
21 225
77 759
-
-
withholding
2 718
9 953
-
-
surtax
-
-
-
-
social contributions
3 651
13 374
-
-
total
6 369
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 003
53 568
41 983
46 163
After tax
60 997
54 432
66 017
61 837
Living cost
46 141
46 141
46 141
46 141
Free-cash
14 856
8 291
19 876
15 696

Estimated living cost  is ₽46141 per week

₽31227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52901
₽68485
₽65274
₽55773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 760
income
-
-
-
2 623
total
-
-
-
26 383
Employee
30 712
-
93 506
-
social contributions
1 996
-
6 077
-
income
-
-
2 942
-
total
1 996
-
9 019
-
Employer
30 712
-
93 506
-
social contributions
4 761
-
14 492
-
total
4 761
-
14 492
-
Corporate
72 527
108 000
-
-
income
7 253
10 799
-
-
total
7 253
10 799
-
-
Dividends
65 274
97 201
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
14 010
10 799
23 511
26 383
After tax
93 990
97 201
84 489
81 617
Living cost
28 716
28 716
28 716
28 716
Free-cash
65 274
68 485
55 773
52 901

Estimated living cost  is ₽28716 per week

₽18568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7444
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20284
-₽99908
-₽99908
-₽99908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
20 713
pensions
-
-
-
827
labour market
-
-
-
8 574
national
-
-
-
11 646
total
-
-
-
41 760
Employee
193 971
193 971
193 971
-
municipal
41 305
41 305
41 305
-
national
23 697
23 697
23 697
-
pensions
276
276
276
-
labour market
15 496
15 496
15 496
-
total
80 774
80 774
80 774
-
Employer
193 971
193 971
193 971
-
labour market
15 518
15 518
15 518
-
pensions
551
551
551
-
municipal
41 371
41 371
41 371
-
national
23 738
23 738
23 738
-
total
81 178
81 178
81 178
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
161 952
161 952
161 952
41 760
After tax
-53 952
-53 952
-53 952
66 240
Living cost
45 956
45 956
45 956
45 956
Free-cash
-99 908
-99 908
-99 908
20 284

Estimated living cost  is ₽45956 per week

₽31453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4065
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽707
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52975
-₽12335
₽5511
₽35356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
27 168
total
-
-
-
33 942
Employee
33 165
-
93 434
-
pensions
3 735
-
7 421
-
income
4 550
-
18 877
-
health
3 798
-
10 698
-
total
12 083
-
36 996
-
Employer
33 165
-
93 434
-
pensions
5 393
-
10 716
-
unemployment
813
-
2 289
-
accident
554
-
1 560
-
total
6 760
-
14 565
-
Corporate
68 076
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.

61 269
97 200
-
-
total
61 269
97 200
-
-
Dividends
6 807
10 800
-
-
withholding
1 294
2 052
-
-
total
1 294
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
81 406
99 252
51 561
33 942
After tax
26 594
8 748
56 439
74 058
Living cost
21 083
21 083
21 083
21 083
Free-cash
5 511
-12 335
35 356
52 975

Estimated living cost  is ₽21083 per week

₽15346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38618
₽34178
₽33393
₽23809
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 213
health
-
-
-
1 264
national
-
-
-
12 228
total
-
-
-
32 705
Employee
50 261
-
90 855
-
municipal
8 232
-
14 824
-
national
830
-
7 048
-
pensions
3 392
-
6 133
-
unemployment
754
-
1 363
-
health
375
-
1 001
-
total
13 583
-
30 369
-
Employer
50 261
-
90 855
-
pensions
8 720
-
15 763
-
unemployment
326
-
591
-
accident
51
-
91
-
health
386
-
700
-
total
9 483
-
17 145
-
Corporate
48 256
108 000
-
-
income
9 652
21 601
-
-
total
9 652
21 601
-
-
Dividends

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

28 953
64 800
-
-
municipal
5 212
11 664
-
-
national
-
3 880
-
-
total
5 212
15 544
-
-
Income
108 000
108 000
108 000
108 000
Total tax
37 930
37 145
47 514
32 705
After tax
70 070
70 855
60 486
75 295
Living cost
36 677
36 677
36 677
36 677
Free-cash
33 393
34 178
23 809
38 618

Estimated living cost  is ₽36677 per week

₽23957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8609
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53770
₽56866
₽51669
₽52686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 754
social contributions
-
-
-
15 457
income
-
-
-
13 901
total
-
-
-
32 112
Employee
73 459
73 459
98 047
-
social contributions
2 777
6 097
8 138
-
income
7 998
6 800
13 439
-
health
569
1 249
1 666
-
total
11 344
14 146
23 243
-
Employer
73 459
73 459
98 047
-
social contributions
2 777
6 097
8 138
-
health
618
1 360
1 815
-
total
3 395
7 457
9 953
-
Corporate
71 141
27 084
-
-
income
8 892
3 385
-
-
total
8 892
3 385
-
-
Dividends
62 249
23 700
-
-
withholding
10 582
4 028
-
-
total
10 582
4 028
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 213
29 016
33 196
32 112
After tax
73 787
78 984
74 804
75 888
Living cost
22 118
22 118
22 118
22 118
Free-cash
51 669
56 866
52 686
53 770

Estimated living cost  is ₽22118 per week

₽13256
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2170
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.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽72780
₽74266
₽69406
₽53619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
6 077
health
-
-
-
3 457
unemployment
-
-
-
27
income
-
-
-
10 491
total
-
-
-
20 052
Employee

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

21 928
-
98 664
-
pensions
3 289
-
13 597
-
unemployment
109
-
453
-
income
1 499
-
8 122
-
health
1 864
-
7 705
-
total
6 761
-
29 877
-
Employer

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

21 928
-
98 664
-
pensions
1 206
-
4 985
-
unemployment
109
-
453
-
health
943
-
3 898
-
total
2 258
-
9 336
-
Corporate
83 815
108 000
-
-
income
7 543
9 721
-
-
total
7 543
9 721
-
-
Dividends
76 272
98 279
-
-
withholding
6 864
8 845
-
-
total
6 864
8 845
-
-
Income
108 000
108 000
108 000
108 000
Total tax
23 426
18 566
39 213
20 052
After tax
84 574
89 434
68 787
87 948
Living cost
15 168
15 168
15 168
15 168
Free-cash
69 406
74 266
53 619
72 780

Estimated living cost  is ₽15168 per week

₽9677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1093
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32826
₽46446
₽41460
₽29841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
22 339
total
-
-
-
48 904
Employee
35 324
-
81 893
-
pensions
1 661
-
3 849
-
other
34
-
82
-
unemployment
547
-
1 269
-
income
6 810
-
20 584
-
total
9 052
-
25 784
-
Employer
35 324
-
81 893
-
pensions
8 336
-
19 327
-
other
283
-
654
-
unemployment
1 943
-
4 503
-
accident
700
-
1 621
-
total
11 262
-
26 105
-
Corporate
61 415
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.

9 211
16 200
-
-
total
9 211
16 200
-
-
Dividends
52 203
91 800
-
-
withholding
10 745
19 084
-
-
total
10 745
19 084
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 270
35 284
51 889
48 904
After tax
67 730
72 716
56 111
59 096
Living cost
26 270
26 270
26 270
26 270
Free-cash
41 460
46 446
29 841
32 826

Estimated living cost  is ₽26270 per week

₽17732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67243
₽65529
₽65223
₽67110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 359
health
-
-
-
985
income
-
-
-
36 550
total
-
-
-
38 894
Employee
2 838
-
106 471
-
pensions
255
-
612
-
unemployment
28
-
68
-
income
549
-
36 478
-
health
142
-
340
-
total
974
-
37 498
-
Employer
2 838
-
106 471
-
pensions
312
-
747
-
unemployment
57
-
136
-
health
270
-
646
-
total
639
-
1 529
-
Corporate
104 524
108 000
-
-
income
22 995
23 760
-
-
total
22 995
23 760
-
-
Dividends
81 529
84 240
-
-
withholding
16 306
16 848
-
-
total
16 306
16 848
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 914
40 608
39 027
38 894
After tax
67 086
67 392
68 973
69 106
Living cost
1 863
1 863
1 863
1 863
Free-cash
65 223
65 529
67 110
67 243

Estimated living cost  is ₽1863 per week

₽1107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42136
₽61517
₽56820
₽42137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 348
health
-
-
-
7 268
unemployment
-
-
-
1 059
income
-
-
-
22 676
total
-
-
-
49 351
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.

24 901
-
95 368
-
pensions
3 486
-
9 880
-
unemployment
187
-
529
-
income
3 432
-
22 676
-
health
1 282
-
3 634
-
total
8 387
-
36 719
-
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.

24 901
-
95 368
-
pensions
2 988
-
8 468
-
unemployment
187
-
529
-
health
1 282
-
3 634
-
total
4 457
-
12 631
-
Corporate
78 642
108 000
-
-
income
11 796
16 200
-
-
total
11 796
16 200
-
-
Dividends
66 845
91 800
-
-
withholding
10 027
13 770
-
-
total
10 027
13 770
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 667
29 970
49 350
49 351
After tax
73 333
78 030
58 650
58 649
Living cost
16 513
16 513
16 513
16 513
Free-cash
56 820
61 517
42 137
42 136

Estimated living cost  is ₽16513 per week

₽11118
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1277
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.
₽3640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34047
₽35676
₽35332
₽27765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
social contributions

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

-
-
-
37 531
income
-
-
-
10 667
total
-
-
-
48 198
Employee
37 078
-
87 273
-
social contributions
4 079
-
9 599
-
surtax
-
-
-
-
income
7 245
-
24 154
-
total
11 324
-
33 753
-
Employer
37 078
-
87 273
-
social contributions
8 805
-
20 727
-
total
8 805
-
20 727
-
Corporate
62 117
108 000
-
-
income
13 044
22 679
-
-
surtax
-
-
-
-
total
13 044
22 679
-
-
Dividends
49 073
85 321
-
-
withholding
13 740
23 890
-
-
total
13 740
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 913
46 569
54 480
48 198
After tax
61 087
61 431
53 520
59 802
Living cost
25 755
25 755
25 755
25 755
Free-cash
35 332
35 676
27 765
34 047

Estimated living cost  is ₽25755 per week

₽18241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25522
₽39142
₽31881
₽22537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
25 058
other
-
-
-
89
unemployment
-
-
-
620
accident
-
-
-
798
income
-
-
-
22 339
total
-
-
-
48 904
Employee
46 137
-
81 893
-
pensions
2 168
-
3 849
-
other
45
-
82
-
unemployment
714
-
1 269
-
income
9 636
-
20 584
-
total
12 563
-
25 784
-
Employer
46 137
-
81 893
-
pensions
10 888
-
19 327
-
other
370
-
654
-
unemployment
2 538
-
4 503
-
accident
914
-
1 621
-
total
14 710
-
26 105
-
Corporate
47 153
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.

7 072
16 200
-
-
total
7 072
16 200
-
-
Dividends
40 081
91 800
-
-
withholding
8 200
19 084
-
-
total
8 200
19 084
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 545
35 284
51 889
48 904
After tax
65 455
72 716
56 111
59 096
Living cost
33 574
33 574
33 574
33 574
Free-cash
31 881
39 142
22 537
25 522

Estimated living cost  is ₽33574 per week

₽24111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽6380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66469
₽75914
₽70095
₽70055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 936
health
-
-
-
3 836
unemployment
-
-
-
133
income
-
-
-
16 200
total
-
-
-
25 105
Employee
21 750
-
101 456
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 909
-
2 929
-
income
2 175
-
10 146
-
health
1 001
-
1 534
-
total
5 324
-
14 976
-
Employer
21 750
-
101 456
-
pensions

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

2 397
-
3 675
-
unemployment
131
-
200
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
health
1 501
-
2 301
-
total
4 268
-
6 543
-
Corporate
81 982
108 000
-
-
income
8 198
10 800
-
-
total
8 198
10 800
-
-
Dividends
73 784
97 200
-
-
withholding
3 689
4 860
-
-
total
3 689
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 479
15 660
21 519
25 105
After tax
86 521
92 340
86 481
82 895
Living cost
16 426
16 426
16 426
16 426
Free-cash
70 095
75 914
70 055
66 469

Estimated living cost  is ₽16426 per week

₽10864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27300
₽18800
₽31296
₽36424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 124
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.

-
-
-
6 526
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.

-
-
-
1 468
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.

-
-
-
26 700
total
-
-
-
43 818
Employee

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

47 533
-
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.

216
-
1 468
-
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.

3 909
-
26 700
-
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.

6 526
-
6 526
-
total
10 651
-
34 694
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 467
108 000
-
-
trade
8 677
15 498
-
-
income
9 070
16 200
-
-
chamber of commerce
234
303
-
-
surtax

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

499
890
-
-
total
18 480
32 891
-
-
Dividends
41 988
75 109
-
-
withholding
10 134
18 414
-
-
surtax

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

557
1 013
-
-
total
10 691
19 427
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 822
52 318
34 694
43 818
After tax
68 178
55 682
73 306
64 182
Living cost
36 882
36 882
36 882
36 882
Free-cash
31 296
18 800
36 424
27 300

Estimated living cost  is ₽36882 per week

₽25442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16304
₽21181
₽23290
₽16304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 868
income
-
-
-
27 409
total
-
-
-
37 277
Employee
74 727
-
108 000
-
social contributions
6 208
-
9 868
-
income
14 101
-
27 409
-
total
20 309
-
37 277
-
Employer
74 727
-
108 000
-
total
-
-
-
-
Corporate
33 273
108 000
-
-
income
4 159
13 501
-
-
total
4 159
13 501
-
-
Dividends
29 114
94 499
-
-
withholding
5 823
18 899
-
-
total
5 823
18 899
-
-
Income
108 000
108 000
108 000
108 000
Total tax
30 291
32 400
37 277
37 277
After tax
77 709
75 600
70 723
70 723
Living cost
54 419
54 419
54 419
54 419
Free-cash
23 290
21 181
16 304
16 304

Estimated living cost  is ₽54419 per week

₽41401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4434
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.
₽8064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40253
₽30474
₽33814
₽44835
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 876
income
-
-
-
27 193
total
-
-
-
33 069
Employee
43 824
-
103 606
-
social contributions
4 391
-
4 394
-
income
4 755
-
19 699
-
total
9 146
-
24 093
-
Employer
43 824
-
103 606
-
social contributions
4 391
-
4 394
-
total
4 391
-
4 394
-
Corporate
59 785
108 000
-
-
income
20 924
37 801
-
-
total
20 924
37 801
-
-
Dividends
38 860
70 199
-
-
social contributions
5 047
5 047
-
-
total
5 047
5 047
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 508
42 848
28 487
33 069
After tax
68 492
65 152
79 513
74 931
Living cost
34 678
34 678
34 678
34 678
Free-cash
33 814
30 474
44 835
40 253

Estimated living cost  is ₽34678 per week

₽22842
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.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40894
₽41886
₽40461
₽30908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 337
income
-
-
-
24 646
total
-
-
-
31 983
Employee
48 212
-
94 884
-
pensions
3 680
-
9 282
-
income
8 780
-
17 989
-
health
629
-
1 585
-
total
13 089
-
28 856
-
Employer
48 212
-
94 884
-
pensions
4 871
-
11 310
-
health
916
-
1 803
-
total
5 787
-
13 113
-
Corporate
54 001
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.

10 260
20 521
-
-
total
10 260
20 521
-
-
Dividends
43 740
87 479
-
-
withholding
3 280
10 470
-
-
total
3 280
10 470
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 416
30 991
41 969
31 983
After tax
75 584
77 009
66 031
76 017
Living cost
35 123
35 123
35 123
35 123
Free-cash
40 461
41 886
30 908
40 894

Estimated living cost  is ₽35123 per week

₽24094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽50888
-₽14422
₽5194
₽33269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
4 047
health
-
-
-
2 121
other
-
-
-
360
accident
-
-
-
246
income
-
-
-
27 168
total
-
-
-
33 942
Employee
36 448
-
93 434
-
pensions
4 104
-
7 421
-
income
5 000
-
18 877
-
health
4 173
-
10 698
-
total
13 277
-
36 996
-
Employer
36 448
-
93 434
-
pensions
5 926
-
10 716
-
unemployment
893
-
2 289
-
accident
609
-
1 560
-
total
7 428
-
14 565
-
Corporate
64 124
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.

57 712
97 200
-
-
total
57 712
97 200
-
-
Dividends
6 413
10 800
-
-
withholding
1 219
2 052
-
-
total
1 219
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
79 636
99 252
51 561
33 942
After tax
28 364
8 748
56 439
74 058
Living cost
23 170
23 170
23 170
23 170
Free-cash
5 194
-14 422
33 269
50 888

Estimated living cost  is ₽23170 per week

₽17004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48511
₽77991
₽74268
₽57225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 872
health insurance
-
-
-
7 992
work injury
-
-
-
540
unemployment
-
-
-
1 296
income
-
-
-
16 898
total
-
-
-
46 598
Employee

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

20 625
-
108 000
-
pensions
3 795
-
14 041
-
health insurance
1 526
-
5 647
-
unemployment
248
-
916
-
income
2 063
-
16 898
-
work injury
103
-
382
-
total
7 735
-
37 884
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 375
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
87 375
106 920
-
-
withholding
13 106
16 038
-
-
total
13 106
16 038
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 841
17 118
37 884
46 598
After tax
87 159
90 882
70 116
61 402
Living cost
12 891
12 891
12 891
12 891
Free-cash
74 268
77 991
57 225
48 511

Estimated living cost  is ₽12891 per week

₽7986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3566
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽15359
₽18829
₽14486
₽10421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
722
regional
-
-
-
2 272
social contributions
-
-
-
27 777
national
-
-
-
23 812
total
-
-
-
54 583
Employee
80 501
-
108 000
-
social contributions
27 144
-
36 417
-
municipal
480
-
644
-
regional
1 215
-
1 931
-
national
13 604
-
20 529
-
total
42 443
-
59 521
-
Employer
80 501
-
108 000
-
total
-
-
-
-
Corporate
27 499
108 000
-
-
nationa
6 599
25 921
-
-
municipal
1 325
5 205
-
-
total
7 924
31 126
-
-
Dividends
19 575
76 874
-
-
withholding
5 089
19 987
-
-
total
5 089
19 987
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 456
51 113
59 521
54 583
After tax
52 544
56 887
48 479
53 417
Living cost
38 058
38 058
38 058
38 058
Free-cash
14 486
18 829
10 421
15 359

Estimated living cost  is ₽38058 per week

₽26733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2618
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.
₽8131
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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