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
₽46087
₽25368
₽36137
₽36032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
24 760
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.

-
-
-
1 361
trade
-
-
-
9 950
total
-
-
-
42 658
Employee

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

36 879
-
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.

57
-
1 361
-
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.

1 030
-
24 760
-
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.

6 587
-
6 587
-
total
7 674
-
32 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 121
108 000
-
-
chamber of commerce
249
302
-
-
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.

587
891
-
-
trade
11 202
17 009
-
-
income
10 667
16 201
-
-
total
22 705
34 403
-
-
Dividends
48 416
73 597
-
-
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.

646
992
-
-
withholding
11 738
18 032
-
-
total
12 384
19 024
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 763
53 427
32 708
42 658
After tax
65 237
54 573
75 292
65 342
Living cost
29 205
29 205
29 205
29 205
Free-cash
36 032
25 368
46 087
36 137

Estimated living cost  is ₽29205 per week

₽18371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6884
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14886
₽16472
₽14039
₽15625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
1 161
pensions
-
-
-
12 960
national
-
-
-
17 577
municipal
-
-
-
11 343
total
-
-
-
43 041
Employee
78 935
-
93 365
-
municipal
9 750
-
11 761
-
national
15 108
-
18 225
-
pensions
3 157
-
3 735
-
total
28 015
-
33 721
-
Employer
78 935
-
93 365
-
pensions
6 315
-
7 469
-
social contributions
849
-
1 004
-
total
7 164
-
8 473
-
Corporate
16 692
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%.

3 338
21 600
-
-
total
3 338
21 600
-
-
Dividends
13 353
86 400
-
-
withholding
2 938
19 008
-
-
total
2 938
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 455
40 608
42 194
43 041
After tax
66 545
67 392
65 806
64 959
Living cost
50 920
50 920
50 920
50 920
Free-cash
15 625
16 472
14 886
14 039

Estimated living cost  is ₽50920 per week

₽34610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽762
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40685
₽66341
₽37464
₽58432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
34 721
income
-
-
-
15 756
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
50 477
Employee
28 174
-
87 033
-
surtax
-
-
-
-
social contributions

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

3 100
-
9 573
-
income
5 015
-
16 718
-
total
8 115
-
26 291
-
Employer
28 174
-
87 033
-
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.

6 787
-
20 965
-
total
6 787
-
20 965
-
Corporate
73 039
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%.

14 607
21 600
-
-
total
14 607
21 600
-
-
Dividends

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

58 432
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
29 509
21 600
47 256
50 477
After tax
78 491
86 400
60 744
57 523
Living cost
20 059
20 059
20 059
20 059
Free-cash
58 432
66 341
40 685
37 464

Estimated living cost  is ₽20059 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4896
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15445
₽12155
₽21167
₽6250
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 890
income
-
-
-
23 254
pensions
-
-
-
11 297
total
-
-
-
46 441
Employee
82 339
82 339
91 907
-
income

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

13 478
13 478
13 478
-
pensions
14 821
11 297
11 297
-
health
12 638
10 750
11 295
-
total
40 937
35 525
36 070
-
Employer
82 339
82 339
91 907
-
unemployment
2 964
2 964
3 308
-
health
5 723
5 723
6 388
-
pensions
5 731
5 731
6 397
-
total
14 418
14 418
16 093
-
Corporate
12 253
11 243
-
-
income
2 450
2 249
-
-
total
2 450
2 249
-
-
Dividends
9 803
8 994
-
-
income
2 082
1 912
-
-
withholding
1 471
1 349
-
-
total
3 553
3 261
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 358
55 453
52 163
46 441
After tax
46 642
52 547
55 837
61 559
Living cost
40 392
40 392
40 392
40 392
Free-cash
6 250
12 155
15 445
21 167

Estimated living cost  is ₽40392 per week

₽28625
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17602
₽18897
₽17867
₽17997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
10 205
health
-
-
-
5 480
accident
-
-
-
176
pensions
-
-
-
9 494
national
-
-
-
-
unemployment
-
-
-
88
municipal
-
-
-
24 619
total
-
-
-
50 062
Employee
57 098
-
82 179
-
municipal
17 027
-
24 506
-
national
-
-
-
-
total
17 027
-
24 506
-
Employer
57 098
-
82 179
-
other
6 635
-
9 549
-
unemployment
1 507
-
2 170
-
health
3 512
-
5 054
-
accident
114
-
164
-
pensions
6 172
-
8 884
-
total
17 940
-
25 821
-
Corporate
32 962
108 000
-
-
income
7 252
23 760
-
-
total
7 252
23 760
-
-
Dividends
25 710
84 240
-
-
withholding
7 713
25 272
-
-
total
7 713
25 272
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 932
49 032
50 327
50 062
After tax
58 068
58 968
57 673
57 938
Living cost
40 071
40 071
40 071
40 071
Free-cash
17 997
18 897
17 602
17 867

Estimated living cost  is ₽40071 per week

₽26558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37414
₽16138
₽27023
₽29688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
24 760
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.

-
-
-
1 361
trade
-
-
-
10 391
total
-
-
-
43 099
Employee

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

48 897
-
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.

231
-
1 361
-
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.

4 201
-
24 760
-
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.

6 587
-
6 587
-
total
11 019
-
32 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 103
108 000
-
-
chamber of commerce
231
300
-
-
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.

487
891
-
-
trade
9 723
17 767
-
-
income
8 865
16 201
-
-
total
19 306
35 159
-
-
Dividends
39 798
72 841
-
-
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.

527
981
-
-
withholding
9 582
17 844
-
-
total
10 109
18 825
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 434
53 984
32 708
43 099
After tax
67 566
54 016
75 292
64 901
Living cost
37 878
37 878
37 878
37 878
Free-cash
29 688
16 138
37 414
27 023

Estimated living cost  is ₽37878 per week

₽25333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7985
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43651
₽47714
₽44634
₽43715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
2 754
income
-
-
-
13 738
total
-
-
-
32 092
Employee
74 142
74 142
98 048
-
social contributions
3 603
6 153
8 139
-
income
7 786
6 863
13 317
-
health
737
1 261
1 667
-
total
12 126
14 277
23 123
-
Employer
74 142
74 142
98 048
-
health
803
1 372
1 813
-
social contributions
3 603
6 153
8 139
-
total
4 406
7 525
9 952
-
Corporate
60 194
26 332
-
-
income
7 524
3 292
-
-
total
7 524
3 292
-
-
Dividends
52 670
23 040
-
-
withholding
8 955
3 918
-
-
total
8 955
3 918
-
-
Income
108 000
108 000
108 000
108 000
Total tax
33 011
29 012
33 075
32 092
After tax
74 989
78 988
74 925
75 908
Living cost
31 274
31 274
31 274
31 274
Free-cash
43 715
47 714
43 651
44 634

Estimated living cost  is ₽31274 per week

₽21379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44816
₽43012
₽57025
₽43383
S + D Salary + Dividends

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

Dividends

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

Salary

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

25 684
10 222
90 377
-
income
3 140
1 250
11 049
-
pensions
2 568
1 022
9 038
-
health
1 798
716
6 326
-
unemployment
385
153
1 356
-
total
7 891
3 141
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.

25 684
10 222
90 377
-
pensions
5 008
1 993
17 623
-
total
5 008
1 993
17 623
-
Corporate
77 308
95 785
-
-
income
6 958
8 621
-
-
total
6 958
8 621
-
-
Dividends
70 350
87 164
-
-
social contributions
13 601
16 880
-
-
withholding
13 367
16 561
-
-
total
26 968
33 441
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 825
47 196
45 392
33 183
After tax
61 175
60 804
62 608
74 817
Living cost
17 792
17 792
17 792
17 792
Free-cash
43 383
43 012
44 816
57 025

Estimated living cost  is ₽17792 per week

₽12142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1456
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽356
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38959
₽63111
₽34599
₽57123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 040
income
-
-
-
14 472
pensions
-
-
-
21 600
total
-
-
-
50 112
Employee
27 353
-
80 717
-
income
3 079
-
15 562
-
pensions
547
-
1 614
-
unemployment
437
-
1 292
-
total
4 063
-
18 468
-
Employer
27 353
-
80 717
-
unemployment
220
-
646
-
health
3 555
-
10 494
-
pensions
5 471
-
16 144
-
total
9 246
-
27 284
-
Corporate
71 401
108 000
-
-
income
14 279
21 600
-
-
total
14 279
21 600
-
-
Dividends
57 122
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 588
21 600
45 752
50 112
After tax
80 412
86 400
62 248
57 888
Living cost
23 289
23 289
23 289
23 289
Free-cash
57 123
63 111
38 959
34 599

Estimated living cost  is ₽23289 per week

₽15974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34975
-₽12702
₽52610
₽5458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
27 150
pensions
-
-
-
4 057
total
-
-
-
33 940
Employee
33 742
-
93 410
-
income
4 629
-
18 851
-
pensions
3 799
-
7 439
-
health
3 864
-
10 695
-
total
12 292
-
36 985
-
Employer
33 742
-
93 410
-
unemployment
827
-
2 288
-
accident
563
-
1 560
-
pensions
5 487
-
10 742
-
total
6 877
-
14 590
-
Corporate
67 381
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.

60 643
97 200
-
-
total
60 643
97 200
-
-
Dividends
6 738
10 800
-
-
withholding
1 280
2 052
-
-
total
1 280
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
81 092
99 252
51 575
33 940
After tax
26 908
8 748
56 425
74 060
Living cost
21 450
21 450
21 450
21 450
Free-cash
5 458
-12 702
34 975
52 610

Estimated living cost  is ₽21450 per week

₽15721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78505
₽94705
₽99025
₽93224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 869
-
108 000
-
income
1 974
-
21 600
-
total
1 974
-
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%.

98 131
108 000
-
-
total
-
-
-
-
Dividends
98 131
108 000
-
-
withholding
4 907
5 400
-
-
total
4 907
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
6 881
5 400
21 600
1 080
After tax
101 119
102 600
86 400
106 920
Living cost
7 895
7 895
7 895
7 895
Free-cash
93 224
94 705
78 505
99 025

Estimated living cost  is ₽7895 per week

₽4893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37003
₽53656
₽32537
₽47146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
5 131
health
-
-
-
4 752
income
-
-
-
13 970
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.

-
-
-
25 918
total
-
-
-
49 771
Employee
35 009
-
86 264
-
income
6 027
-
15 460
-
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.

2 450
-
6 038
-
health
490
-
1 208
-
unemployment
349
-
862
-
total
9 316
-
23 568
-
Employer
35 009
-
86 264
-
other
1 751
-
4 313
-
unemployment
349
-
862
-
health
490
-
1 208
-
accident
280
-
690
-
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.

5 952
-
14 664
-
total
8 822
-
21 737
-
Corporate
64 168
108 000
-
-
income
13 476
22 680
-
-
total
13 476
22 680
-
-
Dividends
50 692
85 320
-
-
withholding
3 548
5 972
-
-
total
3 548
5 972
-
-
Income
108 000
108 000
108 000
108 000
Total tax
35 162
28 652
45 305
49 771
After tax
72 838
79 348
62 695
58 229
Living cost
25 692
25 692
25 692
25 692
Free-cash
47 146
53 656
37 003
32 537

Estimated living cost  is ₽25692 per week

₽18153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2054
₽13037
₽11954
₽3455
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
24 360
pensions
-
-
-
7 420
total
-
-
-
31 780
Employee
90 927
-
94 911
-
income
16 391
-
17 760
-
health
1 498
-
1 581
-
pensions
8 772
-
9 250
-
total
26 661
-
28 591
-
Employer
90 927
-
94 911
-
health
1 727
-
1 803
-
pensions
10 736
-
11 286
-
total
12 463
-
13 089
-
Corporate
4 610
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.

876
20 519
-
-
total
876
20 519
-
-
Dividends
3 734
87 481
-
-
withholding
279
10 178
-
-
total
279
10 178
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 279
30 697
41 680
31 780
After tax
67 721
77 303
66 320
76 220
Living cost
64 266
64 266
64 266
64 266
Free-cash
3 455
13 037
2 054
11 954

Estimated living cost  is ₽64266 per week

₽48156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74083
₽79885
₽70485
₽75470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 816
income
-
-
-
16 200
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
25 060
Employee
16 492
-
101 490
-
income
1 649
-
10 149
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 448
-
2 913
-
health
759
-
1 526
-
total
4 038
-
14 953
-
Employer
16 492
-
101 490
-
unemployment
99
-
199
-
health
1 138
-
2 289
-
accident

We are using the highest rate at 1.1%.

182
-
365
-
pensions

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

1 818
-
3 656
-
total
3 237
-
6 509
-
Corporate
88 272
108 000
-
-
income
8 827
10 800
-
-
total
8 827
10 800
-
-
Dividends
79 445
97 200
-
-
withholding
3 973
4 860
-
-
total
3 973
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 075
15 660
21 462
25 060
After tax
87 925
92 340
86 538
82 940
Living cost
12 455
12 455
12 455
12 455
Free-cash
75 470
79 885
74 083
70 485

Estimated living cost  is ₽12455 per week

₽7271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
₽2371
-₽919
₽8093
₽1508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 890
income
-
-
-
23 254
pensions
-
-
-
11 297
total
-
-
-
46 441
Employee
89 394
82 339
91 907
-
income

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

13 478
13 478
13 478
-
pensions
11 297
11 297
11 297
-
health
11 152
10 750
11 295
-
total
35 927
35 525
36 070
-
Employer
89 394
82 339
91 907
-
unemployment
3 219
2 964
3 308
-
health
6 212
5 723
6 388
-
pensions
6 221
5 731
6 397
-
total
15 652
14 418
16 093
-
Corporate
2 955
11 243
-
-
income
591
2 249
-
-
total
591
2 249
-
-
Dividends
2 364
8 994
-
-
income
501
1 912
-
-
withholding
355
1 349
-
-
total
856
3 261
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 026
55 453
52 163
46 441
After tax
54 974
52 547
55 837
61 559
Living cost
53 466
53 466
53 466
53 466
Free-cash
1 508
-919
2 371
8 093

Estimated living cost  is ₽53466 per week

₽39440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽30978
₽50531
₽28774
₽42030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 536
health
-
-
-
14 580
income
-
-
-
9 283
solidarity contribution
-
-
-
-
total
-
-
-
55 399
Employee
35 040
-
80 597
-
social contributions
2 278
-
5 239
-
solidarity contribution
-
-
-
-
income
4 205
-
9 672
-
health
4 730
-
10 881
-
total
11 213
-
25 792
-
Employer
35 040
-
80 597
-
health
3 154
-
7 254
-
social contributions
8 760
-
20 149
-
total
11 914
-
27 403
-
Corporate
61 046
108 000
-
-
income
11 599
20 520
-
-
total
11 599
20 520
-
-
Dividends
49 447
87 480
-
-
withholding
7 417
13 122
-
-
total
7 417
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 143
33 642
53 195
55 399
After tax
65 857
74 358
54 805
52 601
Living cost
23 827
23 827
23 827
23 827
Free-cash
42 030
50 531
30 978
28 774

Estimated living cost  is ₽23827 per week

₽16551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8792
₽16936
₽13932
₽11902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
national
-
-
-
23 750
regional
-
-
-
1 213
municipal
-
-
-
642
total
-
-
-
53 382
Employee
85 692
-
108 000
-
social contributions
28 895
-
36 418
-
municipal
454
-
573
-
national
14 848
-
20 468
-
regional
809
-
1 063
-
total
45 006
-
58 522
-
Employer
85 692
-
108 000
-
total
-
-
-
-
Corporate
22 308
108 000
-
-
nationa
5 354
25 920
-
-
municipal
869
4 212
-
-
total
6 223
30 132
-
-
Dividends
16 085
77 868
-
-
withholding
4 183
20 246
-
-
total
4 183
20 246
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 412
50 378
58 522
53 382
After tax
52 588
57 622
49 478
54 618
Living cost
40 686
40 686
40 686
40 686
Free-cash
11 902
16 936
8 792
13 932

Estimated living cost  is ₽40686 per week

₽28361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30849
₽46655
₽32619
₽43655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
-
health
-
-
-
7 668
income
-
-
-
21 791
pensions
-
-
-
21 600
surtax
-
-
-
2 825
unemployment
-
-
-
220
total
-
-
-
54 104
Employee
31 886
-
89 218
-
surtax
104
-
2 545
-
income
5 345
-
20 113
-
other
-
-
-
-
pensions
2 126
-
5 950
-
health
814
-
2 274
-
unemployment
2 219
-
6 210
-
total
10 608
-
37 092
-
Employer
31 886
-
89 218
-
other
-
-
-
-
unemployment
1 010
-
2 829
-
health
1 451
-
4 060
-
pensions
4 251
-
11 893
-
total
6 712
-
18 782
-
Corporate
69 403
108 000
-
-
income
18 045
28 079
-
-
total
18 045
28 079
-
-
Dividends
51 358
79 921
-
-
withholding
7 703
11 989
-
-
total
7 703
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 068
40 068
55 874
54 104
After tax
64 932
67 932
52 126
53 896
Living cost
21 277
21 277
21 277
21 277
Free-cash
43 655
46 655
30 849
32 619

Estimated living cost  is ₽21277 per week

₽13010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22415
₽33398
₽32315
₽29454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
24 360
pensions
-
-
-
7 420
total
-
-
-
31 780
Employee
60 937
-
94 911
-
income
10 975
-
17 760
-
health
885
-
1 581
-
pensions
5 172
-
9 250
-
total
17 032
-
28 591
-
Employer
60 937
-
94 911
-
health
1 158
-
1 803
-
pensions
6 596
-
11 286
-
total
7 754
-
13 089
-
Corporate
39 309
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.

7 468
20 519
-
-
total
7 468
20 519
-
-
Dividends
31 841
87 481
-
-
withholding
2 387
10 178
-
-
total
2 387
10 178
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 641
30 697
41 680
31 780
After tax
73 359
77 303
66 320
76 220
Living cost
43 905
43 905
43 905
43 905
Free-cash
29 454
33 398
22 415
32 315

Estimated living cost  is ₽43905 per week

₽32893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3291
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6520
-₽28618
₽11873
₽4758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other

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

-
-
-
2 160
health
-
-
-
254
pensions
-
-
-
9 937
city
-
-
-
1 138
national
-
-
-
771
regional
-
-
-
3 865
total
-
-
-
18 125
Employee
91 283
-
96 663
-
national
432
-
551
-
city
980
-
1 038
-
pensions
7 669
-
8 120
-
health
206
-
218
-
regional
2 989
-
3 280
-
unemployment
-
-
-
-
total
12 276
-
13 207
-
Employer
91 283
-
96 663
-
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.

1 825
-
1 933
-
unemployment
-
-
-
-
health
206
-
218
-
pensions
7 669
-
8 120
-
total
9 700
-
10 271
-
Corporate
6 013
108 000
-
-
regional
1 272
22 843
-
-
national
511
9 180
-
-
total
1 783
32 023
-
-
Dividends
4 230
75 978
-
-
withholding
1 481
26 593
-
-
total
1 481
26 593
-
-
Income
108 000
108 000
108 000
108 000
Total tax
25 240
58 616
23 478
18 125
After tax
82 760
49 384
84 522
89 875
Living cost
78 002
78 002
78 002
78 002
Free-cash
4 758
-28 618
6 520
11 873

Estimated living cost  is ₽78002 per week

₽50724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽958
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽31121
₽9289
₽20287
₽24927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
24 760
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.

-
-
-
1 361
trade
-
-
-
10 834
total
-
-
-
43 542
Employee

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

57 947
-
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.

375
-
1 361
-
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.

6 814
-
24 760
-
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.

6 587
-
6 587
-
total
13 776
-
32 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 053
108 000
-
-
chamber of commerce
218
298
-
-
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.

414
891
-
-
trade
8 583
18 523
-
-
income
7 507
16 201
-
-
total
16 722
35 913
-
-
Dividends
33 331
72 087
-
-
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.

437
972
-
-
withholding
7 967
17 655
-
-
total
8 404
18 627
-
-
Income
108 000
108 000
108 000
108 000
Total tax
38 902
54 540
32 708
43 542
After tax
69 098
53 460
75 292
64 458
Living cost
44 171
44 171
44 171
44 171
Free-cash
24 927
9 289
31 121
20 287

Estimated living cost  is ₽44171 per week

₽32260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
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.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33200
₽21443
₽28872
₽27139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
3 348
social contributions
-
-
-
3 078
health
-
-
-
2 637
income
-
-
-
11 924
pensions
-
-
-
25 152
surtax
-
-
-
-
total
-
-
-
46 139
Employee
41 266
-
86 967
-
surtax
-
-
-
-
social contributions
1 177
-
2 477
-
income
2 435
-
13 734
-
pensions
4 666
-
4 567
-
total
8 278
-
20 778
-
Employer
41 266
-
86 967
-
other
1 424
-
3 001
-
unemployment
1 671
-
3 522
-
health
2 889
-
6 295
-
pensions
6 779
-
7 953
-
social contributions
124
-
262
-
total
12 887
-
21 033
-
Corporate
53 847
108 000
-
-
surtax
-
-
-
-
income
15 077
30 240
-
-
total
15 077
30 240
-
-
Dividends
38 770
77 760
-
-
social contributions
6 668
13 374
-
-
surtax
-
-
-
-
withholding
4 962
9 954
-
-
total
11 630
23 328
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 872
53 568
41 811
46 139
After tax
60 128
54 432
66 189
61 861
Living cost
32 989
32 989
32 989
32 989
Free-cash
27 139
21 443
33 200
28 872

Estimated living cost  is ₽32989 per week

₽20801
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36469
₽24712
₽32141
₽30068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
3 348
social contributions
-
-
-
3 078
health
-
-
-
2 637
income
-
-
-
11 924
pensions
-
-
-
25 152
surtax
-
-
-
-
total
-
-
-
46 139
Employee
36 836
-
86 967
-
surtax
-
-
-
-
social contributions
1 050
-
2 477
-
income
1 899
-
13 734
-
pensions
4 166
-
4 567
-
total
7 115
-
20 778
-
Employer
36 836
-
86 967
-
other
1 272
-
3 001
-
unemployment
1 491
-
3 522
-
health
2 578
-
6 295
-
pensions
6 053
-
7 953
-
social contributions
110
-
262
-
total
11 504
-
21 033
-
Corporate
59 660
108 000
-
-
surtax
-
-
-
-
income
16 706
30 240
-
-
total
16 706
30 240
-
-
Dividends
42 955
77 760
-
-
social contributions
7 389
13 374
-
-
surtax
-
-
-
-
withholding
5 498
9 954
-
-
total
12 887
23 328
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 212
53 568
41 811
46 139
After tax
59 788
54 432
66 189
61 861
Living cost
29 720
29 720
29 720
29 720
Free-cash
30 068
24 712
36 469
32 141

Estimated living cost  is ₽29720 per week

₽17236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8902
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48501
₽45443
₽48911
₽45943
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 903
health
-
-
-
7 539
income
-
-
-
16 201
total
-
-
-
38 643
Employee
32 692
-
108 000
-
social contributions
4 512
-
14 903
-
income
5 453
-
16 611
-
health
2 282
-
7 539
-
total
12 247
-
39 053
-
Employer
32 692
-
108 000
-
total
-
-
-
-
Corporate
75 308
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%.

3 766
5 400
-
-
total
3 766
5 400
-
-
Dividends
71 542
102 600
-
-
social contributions
9 873
14 159
-
-
withholding
10 732
15 390
-
-
health
4 993
7 162
-
-
total
25 598
36 711
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 611
42 111
39 053
38 643
After tax
66 389
65 889
68 947
69 357
Living cost
20 446
20 446
20 446
20 446
Free-cash
45 943
45 443
48 501
48 911

Estimated living cost  is ₽20446 per week

₽13683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2699
₽26370
₽19760
₽24877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 261
income
-
-
-
19 487
chamber of commerce
-
-
-
432
pensions
-
-
-
19 981
surtax
-
-
-
190
unemployment
-
-
-
5 914
total
-
-
-
54 265
Employee
48 186
38 425
83 716
-
income
5 486
2 834
17 264
-
other
481
384
838
-
pensions
4 935
3 934
8 572
-
health
1 865
1 488
3 240
-
unemployment
1 446
1 153
2 512
-
total
14 213
9 793
32 426
-
Employer
48 186
38 425
83 716
-
other
2 289
1 824
3 976
-
unemployment
1 446
1 153
2 512
-
health
1 821
1 453
3 164
-
surtax
190
190
190
-
accident
626
500
1 089
-
pensions
6 047
4 823
10 506
-
payroll
1 446
1 153
2 512
-
chamber of commerce
192
154
335
-
total
14 057
11 250
24 284
-
Corporate
45 757
58 326
80 056
-
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.

11 440
14 581
20 014
-
total
11 440
14 581
20 014
-
Dividends
34 318
43 745
-
-
withholding
9 438
12 031
-
-
total
9 438
12 031
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 148
47 655
76 724
54 265
After tax
58 852
60 345
31 276
53 735
Living cost
33 975
33 975
33 975
33 975
Free-cash
24 877
26 370
-2 699
19 760

Estimated living cost  is ₽33975 per week

₽22660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2898
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.
₽7859
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6255
₽25373
₽14183
₽10914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 409
communal

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

-
-
-
5 436
national
-
-
-
35 816
total
-
-
-
58 661
Employee

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

68 970
-
83 651
-
national
21 204
-
26 946
-
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.

5 173
-
6 274
-
health

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

3 240
-
3 932
-
communal

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

3 597
-
4 362
-
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.

600
-
728
-
total
33 814
-
42 242
-
Employer

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

68 970
-
83 651
-
unemployment

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

1 006
-
1 220
-
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.

4 241
-
5 143
-
surtax
7 820
-
9 485
-
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.

897
-
1 087
-
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.

6 111
-
7 412
-
total
20 075
-
24 347
-
Corporate
18 954
108 000
-
-
surtax
75
432
-
-
income
3 791
21 600
-
-
total
3 866
22 032
-
-
Dividends
15 088
85 968
-
-
withholding

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

4 175
25 439
-
-
total
4 175
25 439
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 930
47 471
66 589
58 661
After tax
46 070
60 529
41 411
49 339
Living cost
35 156
35 156
35 156
35 156
Free-cash
10 914
25 373
6 255
14 183

Estimated living cost  is ₽35156 per week

₽22645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21357
₽37914
₽24193
₽30239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
22 174
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
48 986
Employee
47 996
-
81 891
-
income
10 127
-
20 511
-
other
48
-
82
-
pensions
2 256
-
3 850
-
unemployment
745
-
1 270
-
total
13 176
-
25 713
-
Employer
47 996
-
81 891
-
other
382
-
657
-
unemployment
2 640
-
4 505
-
accident
950
-
1 621
-
pensions
11 326
-
19 326
-
total
15 298
-
26 109
-
Corporate
44 706
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.

6 706
16 201
-
-
total
6 706
16 201
-
-
Dividends
38 000
91 799
-
-
withholding
7 760
19 064
-
-
total
7 760
19 064
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 940
35 265
51 822
48 986
After tax
65 060
72 735
56 178
59 014
Living cost
34 821
34 821
34 821
34 821
Free-cash
30 239
37 914
21 357
24 193

Estimated living cost  is ₽34821 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12227
₽13279
₽7762
₽6146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 586
accident
-
-
-
911
income
-
-
-
10 975
pensions
-
-
-
16 188
communal
-
-
-
6 825
surtax
-
-
-
5 354
total
-
-
-
47 839
Employee
73 018
-
96 471
-
surtax
4 476
-
5 912
-
income
7 053
-
13 922
-
pensions
5 841
-
7 718
-
health
3 250
-
4 293
-
total
20 620
-
31 845
-
Employer
73 018
-
96 471
-
health
2 227
-
2 942
-
accident
657
-
869
-
pensions
5 841
-
7 718
-
total
8 725
-
11 529
-
Corporate
26 258
108 000
-
-
surtax
276
1 134
-
-
income
3 939
16 201
-
-
communal
-
7 290
-
-
total
4 215
24 625
-
-
Dividends
22 042
83 375
-
-
income
12 589
5 191
-
-
withholding
3 306
12 506
-
-
total
15 895
17 697
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 455
42 322
43 374
47 839
After tax
58 545
65 678
64 626
60 161
Living cost
52 399
52 399
52 399
52 399
Free-cash
6 146
13 279
12 227
7 762

Estimated living cost  is ₽52399 per week

₽39307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30469
₽46275
₽32239
₽43208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
-
health
-
-
-
7 668
income
-
-
-
21 791
pensions
-
-
-
21 600
surtax
-
-
-
2 825
unemployment
-
-
-
220
total
-
-
-
54 104
Employee
32 471
-
89 218
-
surtax
115
-
2 545
-
income
5 444
-
20 113
-
other
-
-
-
-
pensions
2 166
-
5 950
-
health
829
-
2 274
-
unemployment
2 260
-
6 210
-
total
10 814
-
37 092
-
Employer
32 471
-
89 218
-
other
-
-
-
-
unemployment
1 030
-
2 829
-
health
1 477
-
4 060
-
pensions
4 329
-
11 893
-
total
6 836
-
18 782
-
Corporate
68 693
108 000
-
-
income
17 860
28 079
-
-
total
17 860
28 079
-
-
Dividends
50 833
79 921
-
-
withholding
7 625
11 989
-
-
total
7 625
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 135
40 068
55 874
54 104
After tax
64 865
67 932
52 126
53 896
Living cost
21 657
21 657
21 657
21 657
Free-cash
43 208
46 275
30 469
32 239

Estimated living cost  is ₽21657 per week

₽13075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23114
₽30795
₽28229
₽28653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
national
-
-
-
23 750
regional
-
-
-
1 629
municipal
-
-
-
642
total
-
-
-
53 798
Employee
53 486
-
108 000
-
social contributions
18 036
-
36 418
-
municipal
284
-
573
-
national
8 474
-
20 468
-
regional
720
-
1 454
-
total
27 514
-
58 913
-
Employer
53 486
-
108 000
-
total
-
-
-
-
Corporate
54 514
108 000
-
-
nationa
13 083
25 920
-
-
municipal
2 710
5 368
-
-
total
15 793
31 288
-
-
Dividends
38 722
76 711
-
-
withholding
10 067
19 944
-
-
total
10 067
19 944
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 374
51 232
58 913
53 798
After tax
54 626
56 768
49 087
54 202
Living cost
25 973
25 973
25 973
25 973
Free-cash
28 653
30 795
23 114
28 229

Estimated living cost  is ₽25973 per week

₽16153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6744
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25443
₽44996
₽23239
₽34521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 536
health
-
-
-
14 580
income
-
-
-
9 283
solidarity contribution
-
-
-
-
total
-
-
-
55 399
Employee
43 179
-
80 597
-
social contributions
2 807
-
5 239
-
solidarity contribution
-
-
-
-
income
5 181
-
9 672
-
health
5 829
-
10 881
-
total
13 817
-
25 792
-
Employer
43 179
-
80 597
-
health
3 886
-
7 254
-
social contributions
10 795
-
20 149
-
total
14 681
-
27 403
-
Corporate
50 141
108 000
-
-
income
9 527
20 520
-
-
total
9 527
20 520
-
-
Dividends
40 614
87 480
-
-
withholding
6 092
13 122
-
-
total
6 092
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
44 117
33 642
53 195
55 399
After tax
63 883
74 358
54 805
52 601
Living cost
29 362
29 362
29 362
29 362
Free-cash
34 521
44 996
25 443
23 239

Estimated living cost  is ₽29362 per week

₽21835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽548
₽29688
₽23164
₽29213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 261
income
-
-
-
19 487
chamber of commerce
-
-
-
432
pensions
-
-
-
19 981
surtax
-
-
-
-
unemployment
-
-
-
5 914
total
-
-
-
54 075
Employee
42 148
38 425
83 862
-
income
3 755
2 834
17 317
-
other
421
384
838
-
pensions
4 316
3 934
8 587
-
health
1 630
1 488
3 246
-
unemployment
1 264
1 153
2 516
-
total
11 386
9 793
32 504
-
Employer
42 148
38 425
83 862
-
other
2 002
1 824
3 983
-
unemployment
1 264
1 153
2 516
-
health
1 594
1 453
3 169
-
surtax
-
-
-
-
accident
547
500
1 091
-
pensions
5 290
4 823
10 525
-
payroll
1 264
1 153
2 516
-
chamber of commerce
168
154
335
-
total
12 129
11 060
24 135
-
Corporate
53 723
58 516
80 206
-
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.

13 430
14 629
20 052
-
total
13 430
14 629
20 052
-
Dividends
40 292
43 887
-
-
withholding
11 081
12 069
-
-
total
11 081
12 069
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 026
47 551
76 691
54 075
After tax
59 974
60 449
31 309
53 925
Living cost
30 761
30 761
30 761
30 761
Free-cash
29 213
29 688
548
23 164

Estimated living cost  is ₽30761 per week

₽18453
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3142
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.
₽8618
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74097
₽90297
₽94617
₽87990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 379
-
108 000
-
income
3 076
-
21 600
-
total
3 076
-
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%.

92 621
108 000
-
-
total
-
-
-
-
Dividends
92 621
108 000
-
-
withholding
4 631
5 400
-
-
total
4 631
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
7 707
5 400
21 600
1 080
After tax
100 293
102 600
86 400
106 920
Living cost
12 303
12 303
12 303
12 303
Free-cash
87 990
90 297
74 097
94 617

Estimated living cost  is ₽12303 per week

₽8326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26412
₽48496
₽29508
₽40431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
10 627
income
-
-
-
22 117
pensions
-
-
-
19 723
unemployment
-
-
-
163
total
-
-
-
52 630
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.

42 637
-
93 450
-
income
7 353
-
20 524
-
pensions
6 609
-
14 484
-
health
2 754
-
6 036
-
unemployment
60
-
132
-
total
16 776
-
41 176
-
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.

42 637
-
93 450
-
unemployment
26
-
57
-
health
2 840
-
6 223
-
pensions
3 773
-
8 270
-
total
6 639
-
14 550
-
Corporate
58 724
108 000
-
-
income
11 158
20 521
-
-
total
11 158
20 521
-
-
Dividends
47 567
87 479
-
-
withholding
7 134
13 121
-
-
total
7 134
13 121
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 707
33 642
55 726
52 630
After tax
66 293
74 358
52 274
55 370
Living cost
25 862
25 862
25 862
25 862
Free-cash
40 431
48 496
26 412
29 508

Estimated living cost  is ₽25862 per week

₽17749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51531
₽22432
₽31362
-₽41540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 050
-
-
-
social contributions
5 088
-
725
-
income
13 687
-
-
-
total
18 775
-
725
-
Employer
62 050
-
-
-
social contributions
87 490
-
12 469
-
total
87 490
-
12 469
-
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
106 265
42 293
13 194
33 363
After tax
1 735
65 707
94 806
74 637
Living cost
43 275
43 275
43 275
43 275
Free-cash
-41 540
22 432
51 531
31 362

Estimated living cost  is ₽43275 per week

₽28078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23375
₽31187
₽29600
₽30215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
37 530
income
-
-
-
10 626
surtax
-
-
-
-
total
-
-
-
48 156
Employee
44 346
-
87 273
-
surtax
-
-
-
-
social contributions
4 878
-
9 601
-
income
9 224
-
24 053
-
total
14 102
-
33 654
-
Employer
44 346
-
87 273
-
social contributions
10 532
-
20 727
-
total
10 532
-
20 727
-
Corporate
53 122
108 000
-
-
surtax
-
-
-
-
income
11 156
22 680
-
-
total
11 156
22 680
-
-
Dividends
41 966
85 320
-
-
withholding
11 751
23 889
-
-
total
11 751
23 889
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 541
46 569
54 381
48 156
After tax
60 459
61 431
53 619
59 844
Living cost
30 244
30 244
30 244
30 244
Free-cash
30 215
31 187
23 375
29 600

Estimated living cost  is ₽30244 per week

₽22629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19619
₽7862
₽15291
₽14491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
3 348
social contributions
-
-
-
3 078
health
-
-
-
2 637
income
-
-
-
11 924
pensions
-
-
-
25 152
surtax
-
-
-
-
total
-
-
-
46 139
Employee
60 390
-
86 967
-
surtax
-
-
-
-
social contributions
1 720
-
2 477
-
income
5 269
-
13 734
-
pensions
6 830
-
4 567
-
total
13 819
-
20 778
-
Employer
60 390
-
86 967
-
other
2 084
-
3 001
-
unemployment
2 446
-
3 522
-
health
4 227
-
6 295
-
pensions
9 923
-
7 953
-
social contributions
181
-
262
-
total
18 861
-
21 033
-
Corporate
28 749
108 000
-
-
surtax
-
-
-
-
income
8 049
30 240
-
-
total
8 049
30 240
-
-
Dividends
20 700
77 760
-
-
social contributions
3 561
13 374
-
-
surtax
-
-
-
-
withholding
2 649
9 954
-
-
total
6 210
23 328
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 939
53 568
41 811
46 139
After tax
61 061
54 432
66 189
61 861
Living cost
46 570
46 570
46 570
46 570
Free-cash
14 491
7 862
19 619
15 291

Estimated living cost  is ₽46570 per week

₽31518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55558
₽68218
₽52688
₽64976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
2 569
social contributions
-
-
-
23 759
total
-
-
-
26 328
Employee
30 998
-
93 507
-
income
-
-
2 887
-
social contributions
2 015
-
6 078
-
total
2 015
-
8 965
-
Employer
30 998
-
93 507
-
social contributions
4 805
-
14 493
-
total
4 805
-
14 493
-
Corporate
72 197
108 000
-
-
income
7 220
10 799
-
-
total
7 220
10 799
-
-
Dividends
64 977
97 201
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
14 040
10 799
23 458
26 328
After tax
93 960
97 201
84 542
81 672
Living cost
28 984
28 984
28 984
28 984
Free-cash
64 976
68 218
55 558
52 688

Estimated living cost  is ₽28984 per week

₽18740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2185
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽101778
-₽101778
₽19921
-₽101778
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
labour market
-
-
-
8 573
pensions
-
-
-
835
national
-
-
-
11 633
municipal
-
-
-
20 668
total
-
-
-
41 709
Employee
195 717
195 717
195 717
-
labour market
15 635
15 635
15 635
-
municipal
41 677
41 677
41 677
-
national
23 910
23 910
23 910
-
pensions
278
278
278
-
total
81 500
81 500
81 500
-
Employer
195 717
195 717
195 717
-
national
23 952
23 952
23 952
-
labour market
15 657
15 657
15 657
-
pensions
556
556
556
-
municipal
41 743
41 743
41 743
-
total
81 908
81 908
81 908
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
163 408
163 408
163 408
41 709
After tax
-55 408
-55 408
-55 408
66 291
Living cost
46 370
46 370
46 370
46 370
Free-cash
-101 778
-101 778
-101 778
19 921

Estimated living cost  is ₽46370 per week

₽31736
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽713
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35291
-₽12386
₽52926
₽5504
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
27 150
pensions
-
-
-
4 057
total
-
-
-
33 940
Employee
33 245
-
93 410
-
income
4 561
-
18 851
-
pensions
3 744
-
7 439
-
health
3 807
-
10 695
-
total
12 112
-
36 985
-
Employer
33 245
-
93 410
-
unemployment
815
-
2 288
-
accident
555
-
1 560
-
pensions
5 406
-
10 742
-
total
6 776
-
14 590
-
Corporate
67 980
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.

61 182
97 200
-
-
total
61 182
97 200
-
-
Dividends
6 798
10 800
-
-
withholding
1 292
2 052
-
-
total
1 292
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
81 362
99 252
51 575
33 940
After tax
26 638
8 748
56 425
74 060
Living cost
21 134
21 134
21 134
21 134
Free-cash
5 504
-12 386
35 291
52 926

Estimated living cost  is ₽21134 per week

₽15383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1205
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23569
₽33906
₽38376
₽33010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
108 000
health
-
-
-
1 261
national
-
-
-
12 133
municipal
-
-
-
19 212
total
-
-
-
32 606
Employee
50 729
-
90 855
-
municipal
8 309
-
14 825
-
national
838
-
6 951
-
pensions
3 423
-
6 133
-
health
379
-
997
-
unemployment
761
-
1 363
-
total
13 710
-
30 269
-
Employer
50 729
-
90 855
-
unemployment
329
-
591
-
health
390
-
699
-
accident
51
-
91
-
pensions
8 801
-
15 763
-
total
9 571
-
17 144
-
Corporate
47 700
108 000
-
-
income
9 540
21 600
-
-
total
9 540
21 600
-
-
Dividends

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

28 620
64 800
-
-
national
-
3 811
-
-
municipal
5 151
11 665
-
-
total
5 151
15 476
-
-
Income
108 000
108 000
108 000
108 000
Total tax
37 972
37 076
47 413
32 606
After tax
70 028
70 924
60 587
75 394
Living cost
37 018
37 018
37 018
37 018
Free-cash
33 010
33 906
23 569
38 376

Estimated living cost  is ₽37018 per week

₽24180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8690
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52601
₽56664
₽53584
₽51417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 600
health
-
-
-
2 754
income
-
-
-
13 738
total
-
-
-
32 092
Employee
74 142
74 142
98 048
-
social contributions
2 803
6 153
8 139
-
income
8 073
6 863
13 317
-
health
575
1 261
1 667
-
total
11 451
14 277
23 123
-
Employer
74 142
74 142
98 048
-
health
624
1 372
1 813
-
social contributions
2 803
6 153
8 139
-
total
3 427
7 525
9 952
-
Corporate
70 798
26 332
-
-
income
8 851
3 292
-
-
total
8 851
3 292
-
-
Dividends
61 948
23 040
-
-
withholding
10 530
3 918
-
-
total
10 530
3 918
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 259
29 012
33 075
32 092
After tax
73 741
78 988
74 925
75 908
Living cost
22 324
22 324
22 324
22 324
Free-cash
51 417
56 664
52 601
53 584

Estimated living cost  is ₽22324 per week

₽13379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53224
₽74126
₽72565
₽69221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 489
income
-
-
-
10 477
pensions
-
-
-
6 133
unemployment
-
-
-
27
total
-
-
-
20 126
Employee

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

22 132
-
98 577
-
income
1 513
-
8 088
-
pensions
3 319
-
13 723
-
health
1 881
-
7 776
-
unemployment
110
-
457
-
total
6 823
-
30 044
-
Employer

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

22 132
-
98 577
-
unemployment
110
-
457
-
health
951
-
3 934
-
pensions
1 217
-
5 032
-
total
2 278
-
9 423
-
Corporate
83 590
108 000
-
-
income
7 524
9 720
-
-
total
7 524
9 720
-
-
Dividends
76 066
98 280
-
-
withholding
6 845
8 845
-
-
total
6 845
8 845
-
-
Income
108 000
108 000
108 000
108 000
Total tax
23 470
18 565
39 467
20 126
After tax
84 530
89 435
68 533
87 874
Living cost
15 309
15 309
15 309
15 309
Free-cash
69 221
74 126
53 224
72 565

Estimated living cost  is ₽15309 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29664
₽46221
₽32500
₽41171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
22 174
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
48 986
Employee
35 652
-
81 891
-
income
6 873
-
20 511
-
other
35
-
82
-
pensions
1 676
-
3 850
-
unemployment
553
-
1 270
-
total
9 137
-
25 713
-
Employer
35 652
-
81 891
-
other
285
-
657
-
unemployment
1 961
-
4 505
-
accident
706
-
1 621
-
pensions
8 413
-
19 326
-
total
11 365
-
26 109
-
Corporate
60 981
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.

9 147
16 201
-
-
total
9 147
16 201
-
-
Dividends
51 834
91 799
-
-
withholding
10 666
19 064
-
-
total
10 666
19 064
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 315
35 265
51 822
48 986
After tax
67 685
72 735
56 178
59 014
Living cost
26 514
26 514
26 514
26 514
Free-cash
41 171
46 221
29 664
32 500

Estimated living cost  is ₽26514 per week

₽17897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67245
₽65611
₽67373
₽65318
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
942
income
-
-
-
36 605
pensions
-
-
-
1 299
total
-
-
-
38 846
Employee
2 713
-
106 538
-
income
525
-
36 537
-
pensions
244
-
585
-
health
136
-
325
-
unemployment
27
-
65
-
total
932
-
37 512
-
Employer
2 713
-
106 538
-
unemployment
54
-
130
-
health
258
-
617
-
pensions
298
-
715
-
total
610
-
1 462
-
Corporate
104 677
108 000
-
-
income
23 029
23 760
-
-
total
23 029
23 760
-
-
Dividends
81 648
84 240
-
-
withholding
16 330
16 848
-
-
total
16 330
16 848
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 901
40 608
38 974
38 846
After tax
67 099
67 392
69 026
69 154
Living cost
1 781
1 781
1 781
1 781
Free-cash
65 318
65 611
67 245
67 373

Estimated living cost  is ₽1781 per week

₽1058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41942
₽61402
₽41941
₽56672
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 319
income
-
-
-
22 571
pensions
-
-
-
18 475
unemployment
-
-
-
1 066
total
-
-
-
49 431
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.

25 074
-
95 281
-
income
3 456
-
22 571
-
pensions
3 510
-
9 948
-
health
1 291
-
3 659
-
unemployment
188
-
533
-
total
8 445
-
36 711
-
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.

25 074
-
95 281
-
unemployment
188
-
533
-
health
1 291
-
3 659
-
pensions
3 009
-
8 527
-
total
4 488
-
12 719
-
Corporate
78 438
108 000
-
-
income
11 766
16 200
-
-
total
11 766
16 200
-
-
Dividends
66 672
91 800
-
-
withholding
10 001
13 770
-
-
total
10 001
13 770
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 700
29 970
49 430
49 431
After tax
73 300
78 030
58 570
58 569
Living cost
16 628
16 628
16 628
16 628
Free-cash
56 672
61 402
41 942
41 941

Estimated living cost  is ₽16628 per week

₽11196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27625
₽35437
₽33850
₽35089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
37 530
income
-
-
-
10 626
surtax
-
-
-
-
total
-
-
-
48 156
Employee
37 423
-
87 273
-
surtax
-
-
-
-
social contributions
4 117
-
9 601
-
income
7 312
-
24 053
-
total
11 429
-
33 654
-
Employer
37 423
-
87 273
-
social contributions
8 887
-
20 727
-
total
8 887
-
20 727
-
Corporate
61 690
108 000
-
-
surtax
-
-
-
-
income
12 955
22 680
-
-
total
12 955
22 680
-
-
Dividends
48 735
85 320
-
-
withholding
13 646
23 889
-
-
total
13 646
23 889
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 917
46 569
54 381
48 156
After tax
61 083
61 431
53 619
59 844
Living cost
25 994
25 994
25 994
25 994
Free-cash
35 089
35 437
27 625
33 850

Estimated living cost  is ₽25994 per week

₽18411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1806
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22292
₽38849
₽25128
₽31501
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
90
accident
-
-
-
805
income
-
-
-
22 174
pensions
-
-
-
25 291
unemployment
-
-
-
626
total
-
-
-
48 986
Employee
46 567
-
81 891
-
income
9 726
-
20 511
-
other
46
-
82
-
pensions
2 188
-
3 850
-
unemployment
721
-
1 270
-
total
12 681
-
25 713
-
Employer
46 567
-
81 891
-
other
373
-
657
-
unemployment
2 562
-
4 505
-
accident
922
-
1 621
-
pensions
10 990
-
19 326
-
total
14 847
-
26 109
-
Corporate
46 587
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.

6 988
16 201
-
-
total
6 988
16 201
-
-
Dividends
39 599
91 799
-
-
withholding
8 097
19 064
-
-
total
8 097
19 064
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 613
35 265
51 822
48 986
After tax
65 387
72 735
56 178
59 014
Living cost
33 886
33 886
33 886
33 886
Free-cash
31 501
38 849
22 292
25 128

Estimated living cost  is ₽33886 per week

₽24336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2635
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.
₽6439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70197
₽75999
₽66599
₽70211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 816
income
-
-
-
16 200
pensions

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

-
-
-
4 911
unemployment
-
-
-
133
total
-
-
-
25 060
Employee
21 638
-
101 490
-
income
2 164
-
10 149
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

1 900
-
2 913
-
health
995
-
1 526
-
total
5 297
-
14 953
-
Employer
21 638
-
101 490
-
unemployment
130
-
199
-
health
1 493
-
2 289
-
accident

We are using the highest rate at 1.1%.

238
-
365
-
pensions

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

2 384
-
3 656
-
total
4 245
-
6 509
-
Corporate
82 117
108 000
-
-
income
8 211
10 800
-
-
total
8 211
10 800
-
-
Dividends
73 905
97 200
-
-
withholding
3 695
4 860
-
-
total
3 695
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 448
15 660
21 462
25 060
After tax
86 552
92 340
86 538
82 940
Living cost
16 341
16 341
16 341
16 341
Free-cash
70 211
75 999
70 197
66 599

Estimated living cost  is ₽16341 per week

₽10808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4208
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38067
₽18458
₽29002
₽31071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 587
income

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

-
-
-
24 760
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.

-
-
-
1 361
trade
-
-
-
9 065
total
-
-
-
41 773
Employee

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

47 975
-
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.

218
-
1 361
-
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.

3 945
-
24 760
-
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.

6 587
-
6 587
-
total
10 750
-
32 708
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 025
108 000
-
-
chamber of commerce
234
306
-
-
surtax

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

496
891
-
-
trade
8 614
15 498
-
-
income
9 004
16 201
-
-
total
18 348
32 896
-
-
Dividends
41 676
75 105
-
-
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.

553
1 012
-
-
withholding
10 053
18 409
-
-
total
10 606
19 421
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 704
52 317
32 708
41 773
After tax
68 296
55 683
75 292
66 227
Living cost
37 225
37 225
37 225
37 225
Free-cash
31 071
18 458
38 067
29 002

Estimated living cost  is ₽37225 per week

₽25679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
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.
₽7001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15963
₽20675
₽15963
₽22802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
27 263
social contributions
-
-
-
9 849
total
-
-
-
37 112
Employee
75 422
-
108 000
-
income
14 232
-
27 263
-
social contributions
6 266
-
9 849
-
total
20 498
-
37 112
-
Employer
75 422
-
108 000
-
total
-
-
-
-
Corporate
32 578
108 000
-
-
income
4 073
13 500
-
-
total
4 073
13 500
-
-
Dividends
28 505
94 500
-
-
withholding
5 702
18 900
-
-
total
5 702
18 900
-
-
Income
108 000
108 000
108 000
108 000
Total tax
30 273
32 400
37 112
37 112
After tax
77 727
75 600
70 888
70 888
Living cost
54 925
54 925
54 925
54 925
Free-cash
22 802
20 675
15 963
15 963

Estimated living cost  is ₽54925 per week

₽41786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4476
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8139
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44498
₽30104
₽39626
₽33474
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
108 000
income
-
-
-
27 446
health

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

-
-
-
5 927
total
-
-
-
33 373
Employee
44 232
-
103 565
-
income
4 799
-
19 631
-
social contributions
4 432
-
4 435
-
total
9 231
-
24 066
-
Employer
44 232
-
103 565
-
social contributions
4 432
-
4 435
-
total
4 432
-
4 435
-
Corporate
59 336
108 000
-
-
income
20 768
37 801
-
-
total
20 768
37 801
-
-
Dividends
38 569
70 199
-
-
social contributions
5 094
5 094
-
-
total
5 094
5 094
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 525
42 895
28 501
33 373
After tax
68 475
65 105
79 499
74 627
Living cost
35 001
35 001
35 001
35 001
Free-cash
33 474
30 104
44 498
39 626

Estimated living cost  is ₽35001 per week

₽23055
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30627
₽41610
₽40527
₽39804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
24 360
pensions
-
-
-
7 420
total
-
-
-
31 780
Employee
48 994
-
94 911
-
income
8 922
-
17 760
-
health
639
-
1 581
-
pensions
3 739
-
9 250
-
total
13 300
-
28 591
-
Employer
48 994
-
94 911
-
health
931
-
1 803
-
pensions
4 950
-
11 286
-
total
5 881
-
13 089
-
Corporate
53 125
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.

10 095
20 519
-
-
total
10 095
20 519
-
-
Dividends
43 030
87 481
-
-
withholding
3 227
10 178
-
-
total
3 227
10 178
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 503
30 697
41 680
31 780
After tax
75 497
77 303
66 320
76 220
Living cost
35 693
35 693
35 693
35 693
Free-cash
39 804
41 610
30 627
40 527

Estimated living cost  is ₽35693 per week

₽24485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
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.
₽7477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽33199
-₽14478
₽50834
₽5187
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other
-
-
-
361
health
-
-
-
2 126
accident
-
-
-
246
income
-
-
-
27 150
pensions
-
-
-
4 057
total
-
-
-
33 940
Employee
36 536
-
93 410
-
income
5 012
-
18 851
-
pensions
4 114
-
7 439
-
health
4 183
-
10 695
-
total
13 309
-
36 985
-
Employer
36 536
-
93 410
-
unemployment
895
-
2 288
-
accident
610
-
1 560
-
pensions
5 940
-
10 742
-
total
7 445
-
14 590
-
Corporate
64 018
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.

57 617
97 200
-
-
total
57 617
97 200
-
-
Dividends
6 402
10 800
-
-
withholding
1 216
2 052
-
-
total
1 216
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
79 587
99 252
51 575
33 940
After tax
28 413
8 748
56 425
74 060
Living cost
23 226
23 226
23 226
23 226
Free-cash
5 187
-14 478
33 199
50 834

Estimated living cost  is ₽23226 per week

₽17045
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1353
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56943
₽77875
₽48418
₽74111
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
108 000
income
-
-
-
16 875
health insurance
-
-
-
7 992
work injury
-
-
-
540
pensions
-
-
-
19 872
unemployment
-
-
-
1 296
total
-
-
-
46 575
Employee

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

20 811
-
108 000
-
income
2 081
-
16 875
-
work injury
104
-
385
-
health insurance
1 540
-
5 698
-
pensions
3 829
-
14 168
-
unemployment
250
-
924
-
total
7 804
-
38 050
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
87 189
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
87 189
106 920
-
-
withholding
13 078
16 038
-
-
total
13 078
16 038
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 882
17 118
38 050
46 575
After tax
87 118
90 882
69 950
61 425
Living cost
13 007
13 007
13 007
13 007
Free-cash
74 111
77 875
56 943
48 418

Estimated living cost  is ₽13007 per week

₽8058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10135
₽18477
₽15075
₽14090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
national
-
-
-
23 750
regional
-
-
-
2 264
municipal
-
-
-
723
total
-
-
-
54 514
Employee
81 250
-
108 000
-
social contributions
27 397
-
36 418
-
municipal
485
-
644
-
national
13 730
-
20 468
-
regional
1 227
-
1 924
-
total
42 839
-
59 454
-
Employer
81 250
-
108 000
-
total
-
-
-
-
Corporate
26 750
108 000
-
-
nationa
6 421
25 920
-
-
municipal
1 290
5 206
-
-
total
7 711
31 126
-
-
Dividends
19 040
76 874
-
-
withholding
4 949
19 986
-
-
total
4 949
19 986
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 499
51 112
59 454
54 514
After tax
52 501
56 888
48 546
53 486
Living cost
38 411
38 411
38 411
38 411
Free-cash
14 090
18 477
10 135
15 075

Estimated living cost  is ₽38411 per week

₽26982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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