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
₽24163
₽35271
₽35809
₽45463
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
trade
-
-
-
9 654
income

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

-
-
-
23 935
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 862
surtax

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

-
-
-
1 317
total
-
-
-
41 768
Employee

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

38 417
-
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.

6 862
-
6 862
-
surtax

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

59
-
1 317
-
income

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

1 073
-
23 935
-
total
7 994
-
32 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 583
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.

574
890
-
-
income
10 438
16 200
-
-
trade
10 960
17 010
-
-
chamber of commerce
252
307
-
-
total
22 224
34 407
-
-
Dividends
47 360
73 593
-
-
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.

631
991
-
-
withholding
11 457
18 016
-
-
total
12 088
19 007
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 306
53 414
32 114
41 768
After tax
65 694
54 586
75 886
66 232
Living cost
30 423
30 423
30 423
30 423
Free-cash
35 271
24 163
45 463
35 809

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽16709
₽15866
₽14261
₽15108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
11 349
pensions
-
-
-
12 960
national
-
-
-
17 586
social contributions
-
-
-
1 161
total
-
-
-
43 056
Employee
78 568
-
93 365
-
municipal
9 704
-
11 767
-
pensions
3 143
-
3 735
-
national
15 038
-
18 234
-
total
27 885
-
33 736
-
Employer
78 568
-
93 365
-
social contributions
845
-
1 004
-
pensions
6 285
-
7 469
-
total
7 130
-
8 473
-
Corporate
17 117
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%.

3 423
21 600
-
-
total
3 423
21 600
-
-
Dividends
13 693
86 400
-
-
withholding
3 013
19 008
-
-
total
3 013
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 451
40 608
42 209
43 056
After tax
66 549
67 392
65 791
64 944
Living cost
50 683
50 683
50 683
50 683
Free-cash
15 866
16 709
15 108
14 261

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽65504
₽57263
₽36673
₽39891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
15 710
surtax
-
-
-
-
social contributions

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

-
-
-
34 721
total
-
-
-
50 431
Employee
29 350
-
87 033
-
social contributions

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

3 229
-
9 574
-
surtax
-
-
-
-
income
5 225
-
16 672
-
total
8 454
-
26 246
-
Employer
29 350
-
87 033
-
social contributions

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

7 070
-
20 967
-
surtax
-
-
-
-
total
7 070
-
20 967
-
Corporate
71 580
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%.

14 317
21 600
-
-
total
14 317
21 600
-
-
Dividends

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

57 264
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
29 841
21 600
47 213
50 431
After tax
78 159
86 400
60 787
57 569
Living cost
20 896
20 896
20 896
20 896
Free-cash
57 263
65 504
39 891
36 673

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽10365
₽4212
₽19262
₽12475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
22 507
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
46 661
Employee
85 774
85 774
91 907
-
health
13 165
11 198
11 547
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
11 768
-
total
42 644
37 006
37 355
-
Employer
85 774
85 774
91 907
-
unemployment
3 088
3 088
3 309
-
pensions
5 970
5 970
6 397
-
health
5 962
5 962
6 387
-
total
15 020
15 020
16 093
-
Corporate
8 258
7 206
-
-
income
1 653
1 441
-
-
total
1 653
1 441
-
-
Dividends
6 606
5 765
-
-
income
1 403
1 226
-
-
withholding
991
865
-
-
total
2 394
2 091
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 711
55 558
53 448
46 661
After tax
46 289
52 442
54 552
61 339
Living cost
42 077
42 077
42 077
42 077
Free-cash
4 212
10 365
12 475
19 262

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽20005
₽19131
₽18943
₽18400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
24 829
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
527
total
-
-
-
50 094
Employee
55 518
-
82 179
-
municipal
16 556
-
24 506
-
national
-
-
310
-
total
16 556
-
24 816
-
Employer
55 518
-
82 179
-
accident
111
-
164
-
other
6 451
-
9 549
-
unemployment
1 466
-
2 170
-
pensions
6 001
-
8 884
-
health
3 414
-
5 054
-
total
17 443
-
25 821
-
Corporate
35 038
108 000
-
-
income
7 708
23 760
-
-
total
7 708
23 760
-
-
Dividends
27 329
84 240
-
-
withholding
8 199
25 272
-
-
total
8 199
25 272
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 906
49 032
50 637
50 094
After tax
58 094
58 968
57 363
57 906
Living cost
38 963
38 963
38 963
38 963
Free-cash
19 131
20 005
18 400
18 943

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽14570
₽28683
₽26345
₽36428
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
trade
-
-
-
10 083
income

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

-
-
-
23 935
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 862
surtax

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

-
-
-
1 317
total
-
-
-
42 197
Employee

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

50 937
-
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.

6 862
-
6 862
-
surtax

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

240
-
1 317
-
income

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

4 376
-
23 935
-
total
11 478
-
32 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 063
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.

471
890
-
-
income
8 560
16 200
-
-
trade
9 387
17 767
-
-
chamber of commerce
234
307
-
-
total
18 652
35 164
-
-
Dividends
38 411
72 836
-
-
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.

507
980
-
-
withholding
9 222
17 828
-
-
total
9 729
18 808
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 859
53 972
32 114
42 197
After tax
68 141
54 028
75 886
65 803
Living cost
39 458
39 458
39 458
39 458
Free-cash
28 683
14 570
36 428
26 345

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽46433
₽42267
₽43422
₽42897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 994
health
-
-
-
2 754
social contributions
-
-
-
16 251
total
-
-
-
31 999
Employee
77 236
77 236
98 048
-
social contributions
3 753
6 410
8 137
-
health
768
1 313
1 666
-
income
8 110
7 150
12 769
-
total
12 631
14 873
22 572
-
Employer
77 236
77 236
98 048
-
social contributions
3 753
6 410
8 137
-
health
837
1 430
1 815
-
total
4 590
7 840
9 952
-
Corporate
58 200
22 925
-
-
income
7 276
2 865
-
-
total
7 276
2 865
-
-
Dividends
50 924
20 060
-
-
withholding
8 657
3 410
-
-
total
8 657
3 410
-
-
Income
108 000
108 000
108 000
108 000
Total tax
33 154
28 988
32 524
31 999
After tax
74 846
79 012
75 476
76 001
Living cost
32 579
32 579
32 579
32 579
Free-cash
42 267
46 433
42 897
43 422

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽42585
₽42964
₽56588
₽44379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 314
10 473
90 377
-
health
1 842
733
6 326
-
income
3 217
1 280
11 049
-
pensions
2 631
1 047
9 038
-
unemployment
395
157
1 356
-
total
8 085
3 217
27 769
-
Employer

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 314
10 473
90 377
-
pensions
5 131
2 042
17 623
-
total
5 131
2 042
17 623
-
Corporate
76 555
95 485
-
-
income
6 890
8 594
-
-
total
6 890
8 594
-
-
Dividends
69 665
86 892
-
-
social contributions
13 465
16 824
-
-
withholding
13 236
16 509
-
-
total
26 701
33 333
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 807
47 186
45 392
33 183
After tax
61 193
60 814
62 608
74 817
Living cost
18 229
18 229
18 229
18 229
Free-cash
42 964
42 585
44 379
56 588

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽62139
₽55898
₽33626
₽37990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
14 473
pensions
-
-
-
21 600
health
-
-
-
14 040
total
-
-
-
50 113
Employee
28 494
-
80 716
-
income
3 208
-
15 561
-
pensions
570
-
1 614
-
unemployment
456
-
1 292
-
total
4 234
-
18 467
-
Employer
28 494
-
80 716
-
unemployment
229
-
646
-
pensions
5 699
-
16 143
-
health
3 704
-
10 493
-
total
9 632
-
27 282
-
Corporate
69 875
108 000
-
-
income
13 975
21 600
-
-
total
13 975
21 600
-
-
Dividends
55 899
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 841
21 600
45 749
50 113
After tax
80 159
86 400
62 251
57 887
Living cost
24 261
24 261
24 261
24 261
Free-cash
55 898
62 139
37 990
33 626

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽13297
₽5365
₽52032
₽34211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
253
income
-
-
-
26 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 923
Employee
34 678
-
93 123
-
health
3 971
-
10 663
-
income
4 758
-
18 559
-
pensions
3 905
-
7 645
-
total
12 634
-
36 867
-
Employer
34 678
-
93 123
-
accident
579
-
1 555
-
unemployment
850
-
2 282
-
pensions
5 639
-
11 040
-
total
7 068
-
14 877
-
Corporate
66 254
108 000
-
-
income

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

59 629
97 200
-
-
total
59 629
97 200
-
-
Dividends
6 625
10 800
-
-
withholding
1 259
2 052
-
-
total
1 259
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
80 590
99 252
51 744
33 923
After tax
27 410
8 748
56 256
74 077
Living cost
22 045
22 045
22 045
22 045
Free-cash
5 365
-13 297
34 211
52 032

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽93500
₽91794
₽97820
₽77300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 375
-
108 000
-
income
2 275
-
21 600
-
total
2 275
-
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%.

96 625
108 000
-
-
total
-
-
-
-
Dividends
96 625
108 000
-
-
withholding
4 831
5 400
-
-
total
4 831
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
7 106
5 400
21 600
1 080
After tax
100 894
102 600
86 400
106 920
Living cost
9 100
9 100
9 100
9 100
Free-cash
91 794
93 500
77 300
97 820

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽52583
₽45799
₽31634
₽36101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
13 800
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.

-
-
-
25 921
other
-
-
-
5 129
health
-
-
-
4 752
total
-
-
-
49 602
Employee
36 470
-
86 259
-
health
511
-
1 208
-
income
6 279
-
15 287
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

2 552
-
6 038
-
unemployment
364
-
863
-
total
9 706
-
23 396
-
Employer
36 470
-
86 259
-
accident
292
-
690
-
other
1 824
-
4 313
-
unemployment
364
-
863
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 201
-
14 665
-
health
511
-
1 208
-
total
9 192
-
21 739
-
Corporate
62 339
108 000
-
-
income
13 091
22 681
-
-
total
13 091
22 681
-
-
Dividends
49 248
85 319
-
-
withholding
3 448
5 972
-
-
total
3 448
5 972
-
-
Income
108 000
108 000
108 000
108 000
Total tax
35 437
28 653
45 135
49 602
After tax
72 563
79 347
62 865
58 398
Living cost
26 764
26 764
26 764
26 764
Free-cash
45 799
52 583
36 101
31 634

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽11005
₽37
₽9679
₽25
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 566
pensions
-
-
-
7 653
total
-
-
-
31 219
Employee
94 939
-
94 979
-
health
1 564
-
1 564
-
income
17 114
-
17 127
-
pensions
9 159
-
9 163
-
total
27 837
-
27 854
-
Employer
94 939
-
94 979
-
pensions
11 210
-
11 214
-
health
1 803
-
1 805
-
total
13 013
-
13 019
-
Corporate
48
108 000
-
-
income

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

9
20 521
-
-
total
9
20 521
-
-
Dividends
40
87 479
-
-
withholding
2
9 372
-
-
total
2
9 372
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 861
29 893
40 873
31 219
After tax
67 139
78 107
67 127
76 781
Living cost
67 102
67 102
67 102
67 102
Free-cash
37
11 005
25
9 679

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽79172
₽74507
₽69266
₽72757
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
25 566
Employee
17 436
-
101 117
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
10 112
-
pensions

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

1 531
-
3 080
-
total
4 268
-
15 192
-
Employer
17 436
-
101 117
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
87 143
108 000
-
-
income
8 715
10 800
-
-
total
8 715
10 800
-
-
Dividends
78 429
97 200
-
-
withholding
3 921
4 860
-
-
total
3 921
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
20 325
15 660
22 075
25 566
After tax
87 675
92 340
85 925
82 434
Living cost
13 168
13 168
13 168
13 168
Free-cash
74 507
79 172
72 757
69 266

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽3255
-₽1428
₽5642
-₽1145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
22 507
pensions
-
-
-
11 768
health
-
-
-
12 386
total
-
-
-
46 661
Employee
93 123
85 774
91 907
-
health
11 618
11 198
11 547
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
11 768
-
total
37 426
37 006
37 355
-
Employer
93 123
85 774
91 907
-
unemployment
3 353
3 088
3 309
-
pensions
6 481
5 970
6 397
-
health
6 471
5 962
6 387
-
total
16 305
15 020
16 093
-
Corporate
-
7 206
-
-
income
-
1 441
-
-
total
-
1 441
-
-
Dividends
-
5 765
-
-
income
-
1 226
-
-
withholding
-
865
-
-
total
-
2 091
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 731
55 558
53 448
46 661
After tax
54 269
52 442
54 552
61 339
Living cost
55 697
55 697
55 697
55 697
Free-cash
-1 428
-3 255
-1 145
5 642

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽50339
₽41770
₽28582
₽30786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
health
-
-
-
14 580
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 536
total
-
-
-
55 399
Employee
35 322
-
80 597
-
social contributions
2 296
-
5 239
-
health
4 768
-
10 881
-
solidarity contribution
-
-
-
-
income
4 239
-
9 672
-
total
11 303
-
25 792
-
Employer
35 322
-
80 597
-
social contributions
8 831
-
20 149
-
health
3 179
-
7 254
-
total
12 010
-
27 403
-
Corporate
60 668
108 000
-
-
income
11 527
20 520
-
-
total
11 527
20 520
-
-
Dividends
49 142
87 480
-
-
withholding
7 371
13 122
-
-
total
7 371
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 211
33 642
53 195
55 399
After tax
65 789
74 358
54 805
52 601
Living cost
24 019
24 019
24 019
24 019
Free-cash
41 770
50 339
30 786
28 582

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽15239
₽9996
₽12524
₽7384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
642
regional
-
-
-
1 204
national
-
-
-
23 470
social contributions
-
-
-
27 777
total
-
-
-
53 093
Employee
89 267
-
108 000
-
social contributions
30 101
-
36 418
-
regional
842
-
1 056
-
municipal
473
-
572
-
national
15 468
-
20 187
-
total
46 884
-
58 233
-
Employer
89 267
-
108 000
-
total
-
-
-
-
Corporate
18 733
108 000
-
-
nationa
4 496
25 921
-
-
municipal
730
4 212
-
-
total
5 226
30 133
-
-
Dividends
13 506
77 867
-
-
withholding
3 511
20 245
-
-
total
3 511
20 245
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 621
50 378
58 233
53 093
After tax
52 379
57 622
49 767
54 907
Living cost
42 383
42 383
42 383
42 383
Free-cash
9 996
15 239
7 384
12 524

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽45769
₽42641
₽32422
₽30523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 220
pensions
-
-
-
21 600
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 668
surtax
-
-
-
2 697
total
-
-
-
53 414
Employee
33 216
-
89 219
-
other
-
-
-
-
health
848
-
2 274
-
surtax
109
-
2 432
-
income
5 568
-
19 665
-
pensions
2 215
-
5 951
-
unemployment
2 312
-
6 210
-
total
11 052
-
36 532
-
Employer
33 216
-
89 219
-
other
-
-
-
-
unemployment
1 052
-
2 829
-
pensions
4 428
-
11 892
-
health
1 512
-
4 060
-
total
6 992
-
18 781
-
Corporate
67 793
108 000
-
-
income
17 626
28 080
-
-
total
17 626
28 080
-
-
Dividends
50 167
79 920
-
-
withholding
7 525
11 987
-
-
total
7 525
11 987
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 195
40 067
55 313
53 414
After tax
64 805
67 933
52 687
54 586
Living cost
22 164
22 164
22 164
22 164
Free-cash
42 641
45 769
30 523
32 422

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽32265
₽27184
₽30939
₽21285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 566
pensions
-
-
-
7 653
total
-
-
-
31 219
Employee
63 626
-
94 979
-
health
924
-
1 564
-
income
11 459
-
17 127
-
pensions
5 400
-
9 163
-
total
17 783
-
27 854
-
Employer
63 626
-
94 979
-
pensions
6 887
-
11 214
-
health
1 209
-
1 805
-
total
8 096
-
13 019
-
Corporate
36 278
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.

6 892
20 521
-
-
total
6 892
20 521
-
-
Dividends
29 386
87 479
-
-
withholding
2 203
9 372
-
-
total
2 203
9 372
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 974
29 893
40 873
31 219
After tax
73 026
78 107
67 127
76 781
Living cost
45 842
45 842
45 842
45 842
Free-cash
27 184
32 265
21 285
30 939

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽27004
₽5683
₽13394
₽8042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 138
pensions
-
-
-
9 937
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
regional
-
-
-
3 924
health
-
-
-
249
national
-
-
-
808
total
-
-
-
18 216
Employee
89 396
-
96 668
-
city
959
-
1 038
-
regional
2 927
-
3 337
-
health
202
-
218
-
pensions
7 510
-
8 119
-
unemployment
-
-
-
-
national
423
-
586
-
total
12 021
-
13 298
-
Employer
89 396
-
96 668
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 787
-
1 933
-
unemployment
-
-
-
-
pensions
7 510
-
8 119
-
health
202
-
218
-
total
9 499
-
10 270
-
Corporate
8 121
108 000
-
-
regional
1 717
22 841
-
-
national
691
9 180
-
-
total
2 408
32 021
-
-
Dividends
5 714
75 979
-
-
withholding
1 999
26 593
-
-
total
1 999
26 593
-
-
Income
108 000
108 000
108 000
108 000
Total tax
25 927
58 614
23 568
18 216
After tax
82 073
49 386
84 432
89 784
Living cost
76 390
76 390
76 390
76 390
Free-cash
5 683
-27 004
8 042
13 394

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽7462
₽23747
₽19359
₽29873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
trade
-
-
-
10 514
income

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

-
-
-
23 935
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 862
surtax

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

-
-
-
1 317
total
-
-
-
42 628
Employee

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

60 364
-
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.

6 862
-
6 862
-
surtax

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

391
-
1 317
-
income

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

7 098
-
23 935
-
total
14 351
-
32 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 636
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.

393
890
-
-
income
7 146
16 200
-
-
trade
8 169
18 521
-
-
chamber of commerce
219
305
-
-
total
15 927
35 916
-
-
Dividends
31 709
72 084
-
-
surtax

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

416
970
-
-
withholding
7 546
17 639
-
-
total
7 962
18 609
-
-
Income
108 000
108 000
108 000
108 000
Total tax
38 240
54 525
32 114
42 628
After tax
69 760
53 475
75 886
65 372
Living cost
46 013
46 013
46 013
46 013
Free-cash
23 747
7 462
29 873
19 359

Estimated living cost  is ₽46013 per week

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

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽20066
₽26001
₽27609
₽32592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
11 354
pensions
-
-
-
25 828
other
-
-
-
3 353
health
-
-
-
2 415
surtax
-
-
-
-
social contributions
-
-
-
3 076
total
-
-
-
46 026
Employee
42 988
-
87 315
-
social contributions
1 226
-
2 487
-
surtax
-
-
-
-
income
2 537
-
13 445
-
pensions
4 861
-
4 426
-
total
8 624
-
20 358
-
Employer
42 988
-
87 315
-
other
1 483
-
3 012
-
social contributions
130
-
261
-
unemployment
1 740
-
3 536
-
pensions
7 062
-
7 745
-
health
3 010
-
6 131
-
total
13 425
-
20 685
-
Corporate
51 588
108 000
-
-
surtax
-
-
-
-
income
14 444
30 240
-
-
total
14 444
30 240
-
-
Dividends
37 143
77 760
-
-
surtax
-
-
-
-
social contributions
6 387
13 375
-
-
withholding
4 754
9 954
-
-
total
11 141
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 634
53 569
41 043
46 026
After tax
60 366
54 431
66 957
61 974
Living cost
34 365
34 365
34 365
34 365
Free-cash
26 001
20 066
32 592
27 609

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽23471
₽29053
₽31014
₽35997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
11 354
pensions
-
-
-
25 828
other
-
-
-
3 353
health
-
-
-
2 415
surtax
-
-
-
-
social contributions
-
-
-
3 076
total
-
-
-
46 026
Employee
38 373
-
87 315
-
social contributions
1 094
-
2 487
-
surtax
-
-
-
-
income
1 979
-
13 445
-
pensions
4 340
-
4 426
-
total
7 413
-
20 358
-
Employer
38 373
-
87 315
-
other
1 325
-
3 012
-
social contributions
114
-
261
-
unemployment
1 553
-
3 536
-
pensions
6 305
-
7 745
-
health
2 686
-
6 131
-
total
11 983
-
20 685
-
Corporate
57 644
108 000
-
-
surtax
-
-
-
-
income
16 141
30 240
-
-
total
16 141
30 240
-
-
Dividends
41 503
77 760
-
-
surtax
-
-
-
-
social contributions
7 138
13 375
-
-
withholding
5 312
9 954
-
-
total
12 450
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 987
53 569
41 043
46 026
After tax
60 013
54 431
66 957
61 974
Living cost
30 960
30 960
30 960
30 960
Free-cash
29 053
23 471
35 997
31 014

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽44592
₽45113
₽48058
₽47856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
health
-
-
-
7 539
social contributions
-
-
-
14 904
total
-
-
-
38 643
Employee
34 056
-
108 000
-
social contributions
4 700
-
14 904
-
health
2 377
-
7 539
-
income
5 680
-
16 402
-
total
12 757
-
38 845
-
Employer
34 056
-
108 000
-
total
-
-
-
-
Corporate
73 944
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%.

3 698
5 400
-
-
total
3 698
5 400
-
-
Dividends
70 246
102 600
-
-
health
4 902
7 161
-
-
social contributions
9 694
14 158
-
-
withholding
10 537
15 390
-
-
total
25 133
36 709
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 588
42 109
38 845
38 643
After tax
66 412
65 891
69 155
69 357
Living cost
21 299
21 299
21 299
21 299
Free-cash
45 113
44 592
47 856
48 058

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽25024
₽23469
₽18671
-₽3593
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
433
income
-
-
-
18 903
pensions
-
-
-
19 980
unemployment
-
-
-
6 160
health
-
-
-
8 263
surtax
-
-
-
198
total
-
-
-
53 937
Employee
50 197
40 028
83 707
-
other
501
400
837
-
health
1 942
1 550
3 240
-
income
5 714
2 953
16 781
-
pensions
5 141
4 098
8 572
-
unemployment
1 506
1 201
2 510
-
total
14 804
10 202
31 940
-
Employer
50 197
40 028
83 707
-
accident
652
520
1 088
-
other
2 385
1 900
3 976
-
chamber of commerce
200
160
335
-
unemployment
1 506
1 201
2 510
-
surtax
198
198
198
-
pensions
6 300
5 024
10 504
-
payroll
1 506
1 201
2 510
-
health
1 897
1 513
3 164
-
total
14 644
11 717
24 285
-
Corporate
43 161
56 254
79 900
-
income

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

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

10 790
14 063
19 976
-
total
10 790
14 063
19 976
-
Dividends
32 370
42 190
-
-
withholding
8 901
11 602
-
-
total
8 901
11 602
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 139
47 584
76 201
53 937
After tax
58 861
60 416
31 799
54 063
Living cost
35 392
35 392
35 392
35 392
Free-cash
23 469
25 024
-3 593
18 671

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽23921
₽8856
₽13180
₽5025
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
35 497
communal

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

-
-
-
5 444
social contributions
-
-
-
17 256
total
-
-
-
58 197
Employee

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

71 847
-
83 650
-
communal

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

3 747
-
4 363
-
health

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

3 376
-
3 932
-
pensions

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

5 389
-
6 273
-
unemployment

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

625
-
728
-
national
22 089
-
26 705
-
total
35 226
-
42 001
-
Employer

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

71 847
-
83 650
-
accident

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

934
-
1 088
-
unemployment

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

1 048
-
1 222
-
surtax
8 147
-
9 485
-
pensions

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

6 366
-
7 411
-
health

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

4 418
-
5 145
-
total
20 913
-
24 351
-
Corporate
15 239
108 000
-
-
surtax
61
433
-
-
income
3 048
21 600
-
-
total
3 109
22 033
-
-
Dividends
12 130
85 968
-
-
withholding

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

3 273
25 423
-
-
total
3 273
25 423
-
-
Income
108 000
108 000
108 000
108 000
Total tax
62 521
47 456
66 352
58 197
After tax
45 479
60 544
41 648
49 803
Living cost
36 623
36 623
36 623
36 623
Free-cash
8 856
23 921
5 025
13 180

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽36477
₽28477
₽22363
₽20236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
839
income
-
-
-
21 433
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
49 363
Employee
49 998
-
81 892
-
other
50
-
82
-
income
10 549
-
20 183
-
pensions
2 350
-
3 848
-
unemployment
776
-
1 269
-
total
13 725
-
25 382
-
Employer
49 998
-
81 892
-
accident
989
-
1 622
-
other
398
-
656
-
unemployment
2 750
-
4 504
-
pensions
11 799
-
19 326
-
total
15 936
-
26 108
-
Corporate
42 065
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.

6 309
16 200
-
-
total
6 309
16 200
-
-
Dividends
35 756
91 800
-
-
withholding
7 279
19 049
-
-
total
7 279
19 049
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 249
35 249
51 490
49 363
After tax
64 751
72 751
56 510
58 637
Living cost
36 274
36 274
36 274
36 274
Free-cash
28 477
36 477
20 236
22 363

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽11250
₽4043
₽6202
₽10802
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
911
income
-
-
-
10 348
pensions
-
-
-
16 188
health
-
-
-
7 586
surtax
-
-
-
5 354
communal
-
-
-
6 826
total
-
-
-
47 213
Employee
76 064
-
96 470
-
health
3 385
-
4 294
-
surtax
4 662
-
5 913
-
income
7 347
-
13 158
-
pensions
6 084
-
7 718
-
total
21 478
-
31 083
-
Employer
76 064
-
96 470
-
accident
684
-
869
-
pensions
6 084
-
7 718
-
health
2 320
-
2 943
-
total
9 088
-
11 530
-
Corporate
22 847
108 000
-
-
surtax
240
1 134
-
-
communal
-
7 291
-
-
income
3 427
16 200
-
-
total
3 667
24 625
-
-
Dividends
19 180
83 375
-
-
income
12 263
5 034
-
-
withholding
2 876
12 506
-
-
total
15 139
17 540
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 372
42 165
42 613
47 213
After tax
58 628
65 835
65 387
60 787
Living cost
54 585
54 585
54 585
54 585
Free-cash
4 043
11 250
10 802
6 202

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽45372
₽42177
₽32025
₽30126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 220
pensions
-
-
-
21 600
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
7 668
surtax
-
-
-
2 697
total
-
-
-
53 414
Employee
33 826
-
89 219
-
other
-
-
-
-
health
863
-
2 274
-
surtax
120
-
2 432
-
income
5 671
-
19 665
-
pensions
2 257
-
5 951
-
unemployment
2 354
-
6 210
-
total
11 265
-
36 532
-
Employer
33 826
-
89 219
-
other
-
-
-
-
unemployment
1 073
-
2 829
-
pensions
4 510
-
11 892
-
health
1 538
-
4 060
-
total
7 121
-
18 781
-
Corporate
67 053
108 000
-
-
income
17 433
28 080
-
-
total
17 433
28 080
-
-
Dividends
49 620
79 920
-
-
withholding
7 443
11 987
-
-
total
7 443
11 987
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 262
40 067
55 313
53 414
After tax
64 738
67 933
52 687
54 586
Living cost
22 561
22 561
22 561
22 561
Free-cash
42 177
45 372
30 126
32 025

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽29709
₽27481
₽27425
₽22313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
642
regional
-
-
-
1 629
national
-
-
-
23 470
social contributions
-
-
-
27 777
total
-
-
-
53 518
Employee
55 717
-
108 000
-
social contributions
18 788
-
36 418
-
regional
750
-
1 453
-
municipal
295
-
572
-
national
8 827
-
20 187
-
total
28 660
-
58 630
-
Employer
55 717
-
108 000
-
total
-
-
-
-
Corporate
52 283
108 000
-
-
nationa
12 548
25 921
-
-
municipal
2 598
5 368
-
-
total
15 146
31 289
-
-
Dividends
37 137
76 712
-
-
withholding
9 656
19 945
-
-
total
9 656
19 945
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 462
51 234
58 630
53 518
After tax
54 538
56 766
49 370
54 482
Living cost
27 057
27 057
27 057
27 057
Free-cash
27 481
29 709
22 313
27 425

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽44760
₽34201
₽23003
₽25207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
health
-
-
-
14 580
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 536
total
-
-
-
55 399
Employee
43 526
-
80 597
-
social contributions
2 829
-
5 239
-
health
5 876
-
10 881
-
solidarity contribution
-
-
-
-
income
5 223
-
9 672
-
total
13 928
-
25 792
-
Employer
43 526
-
80 597
-
social contributions
10 882
-
20 149
-
health
3 917
-
7 254
-
total
14 799
-
27 403
-
Corporate
49 675
108 000
-
-
income
9 438
20 520
-
-
total
9 438
20 520
-
-
Dividends
40 237
87 480
-
-
withholding
6 036
13 122
-
-
total
6 036
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
44 201
33 642
53 195
55 399
After tax
63 799
74 358
54 805
52 601
Living cost
29 598
29 598
29 598
29 598
Free-cash
34 201
44 760
25 207
23 003

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽28479
₽27983
₽22216
-₽216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
433
income
-
-
-
18 903
pensions
-
-
-
19 980
unemployment
-
-
-
6 160
health
-
-
-
8 263
surtax
-
-
-
-
total
-
-
-
53 739
Employee
43 906
40 028
83 863
-
other
438
400
839
-
health
1 698
1 550
3 246
-
income
3 911
2 953
16 835
-
pensions
4 496
4 098
8 587
-
unemployment
1 317
1 201
2 516
-
total
11 860
10 202
32 023
-
Employer
43 906
40 028
83 863
-
accident
570
520
1 090
-
other
2 085
1 900
3 984
-
chamber of commerce
175
160
335
-
unemployment
1 317
1 201
2 516
-
surtax
-
-
-
-
pensions
5 511
5 024
10 525
-
payroll
1 317
1 201
2 516
-
health
1 660
1 513
3 170
-
total
12 635
11 519
24 136
-
Corporate
51 458
56 452
80 051
-
income

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

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

12 864
14 113
20 012
-
total
12 864
14 113
20 012
-
Dividends
38 594
42 339
-
-
withholding
10 613
11 642
-
-
total
10 613
11 642
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 972
47 476
76 171
53 739
After tax
60 028
60 524
31 829
54 261
Living cost
32 045
32 045
32 045
32 045
Free-cash
27 983
28 479
-216
22 216

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽88419
₽85760
₽92739
₽72219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
108 000
-
income
3 545
-
21 600
-
total
3 545
-
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%.

90 274
108 000
-
-
total
-
-
-
-
Dividends
90 274
108 000
-
-
withholding
4 514
5 400
-
-
total
4 514
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
8 059
5 400
21 600
1 080
After tax
99 941
102 600
86 400
106 920
Living cost
14 181
14 181
14 181
14 181
Free-cash
85 760
88 419
72 219
92 739

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽47416
₽39016
₽28605
₽25510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
108 000
income
-
-
-
21 942
pensions
-
-
-
19 724
unemployment
-
-
-
162
health
-
-
-
10 626
total
-
-
-
52 454
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 416
-
93 451
-
health
2 869
-
6 037
-
income
7 659
-
20 347
-
pensions
6 885
-
14 484
-
unemployment
63
-
132
-
total
17 476
-
41 000
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 416
-
93 451
-
unemployment
27
-
55
-
pensions
3 930
-
8 271
-
health
2 958
-
6 223
-
total
6 915
-
14 549
-
Corporate
56 669
108 000
-
-
income
10 767
20 521
-
-
total
10 767
20 521
-
-
Dividends
45 901
87 479
-
-
withholding
6 885
13 122
-
-
total
6 885
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 043
33 643
55 549
52 454
After tax
65 957
74 357
52 451
55 546
Living cost
26 941
26 941
26 941
26 941
Free-cash
39 016
47 416
25 510
28 605

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽22145
-₽42533
₽31075
₽51156
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
21 051
social contributions
-
-
-
12 312
total
-
-
-
33 363
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
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
106 971
42 293
13 282
33 363
After tax
1 029
65 707
94 718
74 637
Living cost
43 562
43 562
43 562
43 562
Free-cash
-42 533
22 145
51 156
31 075

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽29924
₽28914
₽28529
₽22568
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
108 000
income
-
-
-
10 434
surtax
-
-
-
-
social contributions

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

-
-
-
37 531
total
-
-
-
47 965
Employee
46 196
-
87 273
-
social contributions
5 082
-
9 601
-
surtax
-
-
-
-
income
9 609
-
23 598
-
total
14 691
-
33 199
-
Employer
46 196
-
87 273
-
social contributions
10 971
-
20 727
-
total
10 971
-
20 727
-
Corporate
50 833
108 000
-
-
surtax
-
-
-
-
income
10 674
22 681
-
-
total
10 674
22 681
-
-
Dividends
40 159
85 319
-
-
withholding
11 244
23 889
-
-
total
11 244
23 889
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 580
46 570
53 926
47 965
After tax
60 420
61 430
54 074
60 035
Living cost
31 506
31 506
31 506
31 506
Free-cash
28 914
29 924
22 568
28 529

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽5919
₽12824
₽13462
₽18445
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
11 354
pensions
-
-
-
25 828
other
-
-
-
3 353
health
-
-
-
2 415
surtax
-
-
-
-
social contributions
-
-
-
3 076
total
-
-
-
46 026
Employee
62 909
-
87 315
-
social contributions
1 792
-
2 487
-
surtax
-
-
-
-
income
5 489
-
13 445
-
pensions
7 115
-
4 426
-
total
14 396
-
20 358
-
Employer
62 909
-
87 315
-
other
2 171
-
3 012
-
social contributions
189
-
261
-
unemployment
2 548
-
3 536
-
pensions
10 337
-
7 745
-
health
4 403
-
6 131
-
total
19 648
-
20 685
-
Corporate
25 443
108 000
-
-
surtax
-
-
-
-
income
7 125
30 240
-
-
total
7 125
30 240
-
-
Dividends
18 318
77 760
-
-
surtax
-
-
-
-
social contributions
3 151
13 375
-
-
withholding
2 344
9 954
-
-
total
5 495
23 329
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 664
53 569
41 043
46 026
After tax
61 336
54 431
66 957
61 974
Living cost
48 512
48 512
48 512
48 512
Free-cash
12 824
5 919
18 445
13 462

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽67007
₽63633
₽51723
₽54590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 325
social contributions
-
-
-
23 759
total
-
-
-
26 084
Employee
32 291
-
93 506
-
income
-
-
2 644
-
social contributions
2 099
-
6 079
-
total
2 099
-
8 723
-
Employer
32 291
-
93 506
-
social contributions
5 005
-
14 494
-
total
5 005
-
14 494
-
Corporate
70 703
108 000
-
-
income
7 070
10 800
-
-
total
7 070
10 800
-
-
Dividends
63 634
97 200
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
14 174
10 800
23 217
26 084
After tax
93 826
97 200
84 783
81 916
Living cost
30 193
30 193
30 193
30 193
Free-cash
63 633
67 007
54 590
51 723

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽110840
-₽110840
₽18167
-₽110840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
20 450
pensions
-
-
-
871
national
-
-
-
11 569
labour market
-
-
-
8 570
total
-
-
-
41 460
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
170 467
170 467
170 467
41 460
After tax
-62 467
-62 467
-62 467
66 540
Living cost
48 373
48 373
48 373
48 373
Free-cash
-110 840
-110 840
-110 840
18 167

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽12972
₽5418
₽52357
₽34536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
253
income
-
-
-
26 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 923
Employee
34 167
-
93 123
-
health
3 912
-
10 663
-
income
4 687
-
18 559
-
pensions
3 847
-
7 645
-
total
12 446
-
36 867
-
Employer
34 167
-
93 123
-
accident
571
-
1 555
-
unemployment
837
-
2 282
-
pensions
5 555
-
11 040
-
total
6 963
-
14 877
-
Corporate
66 870
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.

60 183
97 200
-
-
total
60 183
97 200
-
-
Dividends
6 687
10 800
-
-
withholding
1 270
2 052
-
-
total
1 270
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
80 862
99 252
51 744
33 923
After tax
27 138
8 748
56 256
74 077
Living cost
21 720
21 720
21 720
21 720
Free-cash
5 418
-12 972
34 536
52 357

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽32671
₽31267
₽37282
₽22452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
municipal
-
-
-
19 215
health
-
-
-
1 245
national
-
-
-
11 695
total
-
-
-
32 155
Employee
52 845
-
90 855
-
health
395
-
980
-
municipal
8 656
-
14 829
-
pensions
3 566
-
6 132
-
unemployment
793
-
1 363
-
national
873
-
6 536
-
total
14 283
-
29 840
-
Employer
52 845
-
90 855
-
accident
53
-
91
-
unemployment
343
-
591
-
pensions
9 168
-
15 763
-
health
406
-
700
-
total
9 970
-
17 145
-
Corporate
45 184
108 000
-
-
income
9 037
21 600
-
-
total
9 037
21 600
-
-
Dividends

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

27 111
64 800
-
-
national
-
3 503
-
-
municipal
4 880
11 663
-
-
total
4 880
15 166
-
-
Income
108 000
108 000
108 000
108 000
Total tax
38 170
36 766
46 985
32 155
After tax
69 830
71 234
61 015
75 845
Living cost
38 563
38 563
38 563
38 563
Free-cash
31 267
32 671
22 452
37 282

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽55757
₽50289
₽52746
₽52221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 994
health
-
-
-
2 754
social contributions
-
-
-
16 251
total
-
-
-
31 999
Employee
77 236
77 236
98 048
-
social contributions
2 920
6 410
8 137
-
health
599
1 313
1 666
-
income
8 410
7 150
12 769
-
total
11 929
14 873
22 572
-
Employer
77 236
77 236
98 048
-
social contributions
2 920
6 410
8 137
-
health
650
1 430
1 815
-
total
3 570
7 840
9 952
-
Corporate
69 246
22 925
-
-
income
8 656
2 865
-
-
total
8 656
2 865
-
-
Dividends
60 591
20 060
-
-
withholding
10 301
3 410
-
-
total
10 301
3 410
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 456
28 988
32 524
31 999
After tax
73 544
79 012
75 476
76 001
Living cost
23 255
23 255
23 255
23 255
Free-cash
50 289
55 757
52 221
52 746

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽73488
₽68378
₽71581
₽51433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
108 000
income
-
-
-
10 419
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
20 472
Employee

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

23 055
-
98 184
-
health
1 959
-
8 101
-
income
1 576
-
7 929
-
pensions
3 458
-
14 296
-
unemployment
114
-
477
-
total
7 107
-
30 803
-
Employer

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

23 055
-
98 184
-
unemployment
114
-
477
-
pensions
1 268
-
5 242
-
health
991
-
4 098
-
total
2 373
-
9 817
-
Corporate
82 572
108 000
-
-
income
7 432
9 719
-
-
total
7 432
9 719
-
-
Dividends
75 140
98 281
-
-
withholding
6 763
8 846
-
-
total
6 763
8 846
-
-
Income
108 000
108 000
108 000
108 000
Total tax
23 675
18 565
40 620
20 472
After tax
84 325
89 435
67 380
87 528
Living cost
15 947
15 947
15 947
15 947
Free-cash
68 378
73 488
51 433
71 581

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽45130
₽39861
₽31016
₽28889
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
839
income
-
-
-
21 433
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
49 363
Employee
37 140
-
81 892
-
other
36
-
82
-
income
7 160
-
20 183
-
pensions
1 746
-
3 848
-
unemployment
576
-
1 269
-
total
9 518
-
25 382
-
Employer
37 140
-
81 892
-
accident
736
-
1 622
-
other
297
-
656
-
unemployment
2 043
-
4 504
-
pensions
8 764
-
19 326
-
total
11 840
-
26 108
-
Corporate
59 020
108 000
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

8 854
16 200
-
-
total
8 854
16 200
-
-
Dividends
50 166
91 800
-
-
withholding
10 306
19 049
-
-
total
10 306
19 049
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 518
35 249
51 490
49 363
After tax
67 482
72 751
56 510
58 637
Living cost
27 621
27 621
27 621
27 621
Free-cash
39 861
45 130
28 889
31 016

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽64641
₽64188
₽65833
₽65637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
35 954
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
39 416
Employee
4 190
-
105 743
-
health
210
-
502
-
income
811
-
35 849
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
37 354
-
Employer
4 190
-
105 743
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
102 867
108 000
-
-
income
22 631
23 760
-
-
total
22 631
23 760
-
-
Dividends
80 236
84 240
-
-
withholding
16 047
16 848
-
-
total
16 047
16 848
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 061
40 608
39 612
39 416
After tax
66 939
67 392
68 388
68 584
Living cost
2 751
2 751
2 751
2 751
Free-cash
64 188
64 641
65 637
65 833

Estimated living cost  is ₽2751 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽60660
₽55719
₽40681
₽40680
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
108 000
income
-
-
-
21 891
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
49 949
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 193
-
94 713
-
health
1 349
-
3 823
-
income
3 610
-
21 891
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
36 663
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

26 193
-
94 713
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
77 119
108 000
-
-
income
11 568
16 200
-
-
total
11 568
16 200
-
-
Dividends
65 551
91 800
-
-
withholding
9 833
13 770
-
-
total
9 833
13 770
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 911
29 970
49 950
49 949
After tax
73 089
78 030
58 050
58 051
Living cost
17 370
17 370
17 370
17 370
Free-cash
55 719
60 660
40 680
40 681

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽34351
₽33988
₽32956
₽26995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
108 000
income
-
-
-
10 434
surtax
-
-
-
-
social contributions

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

-
-
-
37 531
total
-
-
-
47 965
Employee
38 984
-
87 273
-
social contributions
4 289
-
9 601
-
surtax
-
-
-
-
income
7 617
-
23 598
-
total
11 906
-
33 199
-
Employer
38 984
-
87 273
-
social contributions
9 258
-
20 727
-
total
9 258
-
20 727
-
Corporate
59 758
108 000
-
-
surtax
-
-
-
-
income
12 550
22 681
-
-
total
12 550
22 681
-
-
Dividends
47 208
85 319
-
-
withholding
13 219
23 889
-
-
total
13 219
23 889
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 933
46 570
53 926
47 965
After tax
61 067
61 430
54 074
60 035
Living cost
27 079
27 079
27 079
27 079
Free-cash
33 988
34 351
26 995
32 956

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽37451
₽29787
₽23337
₽21210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
839
income
-
-
-
21 433
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
49 363
Employee
48 509
-
81 892
-
other
48
-
82
-
income
10 132
-
20 183
-
pensions
2 280
-
3 848
-
unemployment
751
-
1 269
-
total
13 211
-
25 382
-
Employer
48 509
-
81 892
-
accident
961
-
1 622
-
other
389
-
656
-
unemployment
2 669
-
4 504
-
pensions
11 448
-
19 326
-
total
15 467
-
26 108
-
Corporate
44 025
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.

6 605
16 200
-
-
total
6 605
16 200
-
-
Dividends
37 420
91 800
-
-
withholding
7 630
19 049
-
-
total
7 630
19 049
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 913
35 249
51 490
49 363
After tax
65 087
72 751
56 510
58 637
Living cost
35 300
35 300
35 300
35 300
Free-cash
29 787
37 451
21 210
23 337

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽75064
₽68944
₽65158
₽68649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
25 566
Employee
22 876
-
101 117
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
10 112
-
pensions

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

2 008
-
3 080
-
total
5 599
-
15 192
-
Employer
22 876
-
101 117
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
80 635
108 000
-
-
income
8 064
10 800
-
-
total
8 064
10 800
-
-
Dividends
72 572
97 200
-
-
withholding
3 629
4 860
-
-
total
3 629
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 780
15 660
22 075
25 566
After tax
86 220
92 340
85 925
82 434
Living cost
17 276
17 276
17 276
17 276
Free-cash
68 944
75 064
68 649
65 158

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽16917
₽30055
₽28311
₽37108
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
trade
-
-
-
8 797
income

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

-
-
-
23 935
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

-
-
-
6 862
surtax

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

-
-
-
1 317
total
-
-
-
40 911
Employee

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

49 976
-
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.

6 862
-
6 862
-
surtax

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

227
-
1 317
-
income

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

4 110
-
23 935
-
total
11 199
-
32 114
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 024
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.

478
890
-
-
income
8 703
16 200
-
-
trade
8 326
15 498
-
-
chamber of commerce
238
311
-
-
total
17 745
32 899
-
-
Dividends
40 278
75 101
-
-
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.

534
1 012
-
-
withholding
9 689
18 394
-
-
total
10 223
19 406
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 167
52 305
32 114
40 911
After tax
68 833
55 695
75 886
67 089
Living cost
38 778
38 778
38 778
38 778
Free-cash
30 055
16 917
37 108
28 311

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽18381
₽20601
₽14421
₽14421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
26 598
social contributions
-
-
-
9 764
total
-
-
-
36 362
Employee
78 569
-
108 000
-
income
14 826
-
26 598
-
social contributions
6 527
-
9 764
-
total
21 353
-
36 362
-
Employer
78 569
-
108 000
-
total
-
-
-
-
Corporate
29 431
108 000
-
-
income
3 679
13 501
-
-
total
3 679
13 501
-
-
Dividends
25 753
94 499
-
-
withholding
5 150
18 901
-
-
total
5 150
18 901
-
-
Income
108 000
108 000
108 000
108 000
Total tax
30 182
32 402
36 362
36 362
After tax
77 818
75 598
71 638
71 638
Living cost
57 217
57 217
57 217
57 217
Free-cash
20 601
18 381
14 421
14 421

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽28432
₽31940
₽36218
₽42975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
108 000
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
103 380
-
income
5 000
-
19 324
-
social contributions
4 617
-
4 620
-
total
9 617
-
23 944
-
Employer
46 077
-
103 380
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
57 306
108 000
-
-
income
20 058
37 800
-
-
total
20 058
37 800
-
-
Dividends
37 249
70 200
-
-
social contributions
5 307
5 307
-
-
total
5 307
5 307
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 599
43 107
28 564
35 321
After tax
68 401
64 893
79 436
72 679
Living cost
36 461
36 461
36 461
36 461
Free-cash
31 940
28 432
42 975
36 218

Estimated living cost  is ₽36461 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽40839
₽37991
₽39513
₽29859
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
23 566
pensions
-
-
-
7 653
total
-
-
-
31 219
Employee
51 156
-
94 979
-
health
667
-
1 564
-
income
9 316
-
17 127
-
pensions
3 904
-
9 163
-
total
13 887
-
27 854
-
Employer
51 156
-
94 979
-
pensions
5 168
-
11 214
-
health
972
-
1 805
-
total
6 140
-
13 019
-
Corporate
50 704
108 000
-
-
income

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

9 634
20 521
-
-
total
9 634
20 521
-
-
Dividends
41 069
87 479
-
-
withholding
3 080
9 372
-
-
total
3 080
9 372
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 741
29 893
40 873
31 219
After tax
75 259
78 107
67 127
76 781
Living cost
37 268
37 268
37 268
37 268
Free-cash
37 991
40 839
29 859
39 513

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽15123
₽5087
₽50206
₽32385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
253
income
-
-
-
26 945
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
33 923
Employee
37 549
-
93 123
-
health
4 299
-
10 663
-
income
5 151
-
18 559
-
pensions
4 228
-
7 645
-
total
13 678
-
36 867
-
Employer
37 549
-
93 123
-
accident
627
-
1 555
-
unemployment
920
-
2 282
-
pensions
6 105
-
11 040
-
total
7 652
-
14 877
-
Corporate
62 799
108 000
-
-
income

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

56 519
97 200
-
-
total
56 519
97 200
-
-
Dividends
6 280
10 800
-
-
withholding
1 193
2 052
-
-
total
1 193
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
79 042
99 252
51 744
33 923
After tax
28 958
8 748
56 256
74 077
Living cost
23 871
23 871
23 871
23 871
Free-cash
5 087
-15 123
32 385
50 206

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

Close
Skopje , Macedonia
₽77316
₽73350
₽47970
₽55584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
540
health insurance
-
-
-
7 992
income
-
-
-
16 764
pensions
-
-
-
19 872
unemployment
-
-
-
1 296
total
-
-
-
46 464
Employee

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

21 706
-
108 000
-
work injury
109
-
402
-
income
2 171
-
16 764
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
38 850
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 294
108 000
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
1 080
-
-
total
-
1 080
-
-
Dividends
86 294
106 920
-
-
withholding
12 944
16 038
-
-
total
12 944
16 038
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 084
17 118
38 850
46 464
After tax
86 916
90 882
69 150
61 536
Living cost
13 566
13 566
13 566
13 566
Free-cash
73 350
77 316
55 584
47 970

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽16872
₽12305
₽13790
₽8851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
municipal
-
-
-
722
regional
-
-
-
2 227
national
-
-
-
23 470
social contributions
-
-
-
27 777
total
-
-
-
54 196
Employee
84 639
-
108 000
-
social contributions
28 540
-
36 418
-
regional
1 278
-
1 886
-
municipal
505
-
644
-
national
14 303
-
20 187
-
total
44 626
-
59 135
-
Employer
84 639
-
108 000
-
total
-
-
-
-
Corporate
23 361
108 000
-
-
nationa
5 606
25 921
-
-
municipal
1 126
5 206
-
-
total
6 732
31 127
-
-
Dividends
16 628
76 874
-
-
withholding
4 323
19 987
-
-
total
4 323
19 987
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 681
51 114
59 135
54 196
After tax
52 319
56 886
48 865
53 804
Living cost
40 014
40 014
40 014
40 014
Free-cash
12 305
16 872
8 851
13 790

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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