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
₽26613
₽44909
₽34655
₽36819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
income

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

-
-
-
27 337
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.

-
-
-
1 504
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.

-
-
-
6 303
trade
-
-
-
10 254
total
-
-
-
45 398
Employee

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

35 290
-
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.

54
-
1 504
-
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.

986
-
27 337
-
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.

6 303
-
6 303
-
total
7 343
-
35 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 710
108 000
-
-
income
10 907
16 200
-
-
surtax

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

601
891
-
-
chamber of commerce
245
296
-
-
trade
11 451
17 010
-
-
total
23 204
34 397
-
-
Dividends
49 506
73 603
-
-
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.

662
993
-
-
withholding
12 025
18 050
-
-
total
12 687
19 043
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 234
53 440
35 144
45 398
After tax
64 766
54 560
72 856
62 602
Living cost
27 947
27 947
27 947
27 947
Free-cash
36 819
26 613
44 909
34 655

Estimated living cost  is ₽27947 per week

₽17579
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3259
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.
₽6587
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18204
₽16509
₽15662
₽17387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
1 161
municipal
-
-
-
11 386
national
-
-
-
17 643
pensions
-
-
-
12 960
total
-
-
-
43 150
Employee
76 251
-
93 365
-
municipal
9 418
-
11 804
-
pensions
3 050
-
3 735
-
national
14 594
-
18 291
-
total
27 062
-
33 830
-
Employer
76 251
-
93 365
-
pensions
6 100
-
7 469
-
social contributions
820
-
1 004
-
total
6 920
-
8 473
-
Corporate
19 797
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%.

3 959
21 600
-
-
total
3 959
21 600
-
-
Dividends
15 837
86 400
-
-
withholding
3 484
19 008
-
-
total
3 484
19 008
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 425
40 608
42 303
43 150
After tax
66 575
67 392
65 697
64 850
Living cost
49 188
49 188
49 188
49 188
Free-cash
17 387
18 204
16 509
15 662

Estimated living cost  is ₽49188 per week

₽33433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4572
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽736
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67205
₽41500
₽38280
₽59637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
108 000
income
-
-
-
15 804
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
microenterprise
-
-
-
-
total
-
-
-
50 525
Employee
26 961
-
87 034
-
surtax
-
-
-
-
social contributions

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

2 966
-
9 574
-
income
4 799
-
16 765
-
total
7 765
-
26 339
-
Employer
26 961
-
87 034
-
social contributions

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

6 494
-
20 966
-
surtax
-
-
-
-
total
6 494
-
20 966
-
Corporate
74 545
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%.

14 909
21 600
-
-
total
14 909
21 600
-
-
Dividends

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

59 636
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
29 168
21 600
47 305
50 525
After tax
78 832
86 400
60 695
57 475
Living cost
19 195
19 195
19 195
19 195
Free-cash
59 637
67 205
41 500
38 280

Estimated living cost  is ₽19195 per week

₽12246
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4686
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14006
₽18515
₽23136
₽8351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
24 024
health
-
-
-
11 378
pensions
-
-
-
10 810
total
-
-
-
46 212
Employee
78 792
78 792
91 907
-
pensions
14 183
10 810
10 810
-
income

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

12 897
12 897
12 897
-
health
12 094
10 287
11 034
-
total
39 174
33 994
34 741
-
Employer
78 792
78 792
91 907
-
health
5 477
5 477
6 387
-
pensions
5 484
5 484
6 396
-
unemployment
2 837
2 837
3 309
-
total
13 798
13 798
16 092
-
Corporate
16 377
15 410
-
-
income
3 276
3 082
-
-
total
3 276
3 082
-
-
Dividends
13 101
12 329
-
-
income
2 784
2 619
-
-
withholding
1 965
1 849
-
-
total
4 749
4 468
-
-
Income
108 000
108 000
108 000
108 000
Total tax
60 997
55 342
50 833
46 212
After tax
47 003
52 658
57 167
61 788
Living cost
38 652
38 652
38 652
38 652
Free-cash
8 351
14 006
18 515
23 136

Estimated living cost  is ₽38652 per week

₽27392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3484
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22261
₽19995
₽20983
₽21436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
161
other
-
-
-
9 348
unemployment
-
-
-
80
health
-
-
-
5 020
municipal
-
-
-
25 256
national
-
-
-
1 747
pensions
-
-
-
8 697
total
-
-
-
50 309
Employee
52 305
-
82 723
-
municipal
15 597
-
24 668
-
national
-
-
1 352
-
total
15 597
-
26 020
-
Employer
52 305
-
82 723
-
health
3 217
-
4 948
-
pensions
5 654
-
8 697
-
accident
105
-
161
-
unemployment
1 381
-
2 124
-
other
6 078
-
9 348
-
total
16 435
-
25 278
-
Corporate
39 261
108 000
-
-
income
8 637
23 760
-
-
total
8 637
23 760
-
-
Dividends
30 624
84 240
-
-
withholding
9 187
25 272
-
-
total
9 187
25 272
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 856
49 032
51 298
50 309
After tax
58 144
58 968
56 702
57 691
Living cost
36 708
36 708
36 708
36 708
Free-cash
21 436
22 261
19 995
20 983

Estimated living cost  is ₽36708 per week

₽24328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3602
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17759
₽36610
₽25901
₽30722
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
income

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

-
-
-
27 337
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.

-
-
-
1 504
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.

-
-
-
6 303
trade
-
-
-
10 709
total
-
-
-
45 853
Employee

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

46 791
-
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.

221
-
1 504
-
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.

4 020
-
27 337
-
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.

6 303
-
6 303
-
total
10 544
-
35 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 209
108 000
-
-
income
9 182
16 200
-
-
surtax

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

504
891
-
-
chamber of commerce
228
294
-
-
trade
10 070
17 767
-
-
total
19 984
35 152
-
-
Dividends
41 226
72 848
-
-
surtax

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

548
982
-
-
withholding
9 956
17 861
-
-
total
10 504
18 843
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 032
53 995
35 144
45 853
After tax
66 968
54 005
72 856
62 147
Living cost
36 246
36 246
36 246
36 246
Free-cash
30 722
17 759
36 610
25 901

Estimated living cost  is ₽36246 per week

₽24242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49039
₽44703
₽45883
₽45210
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 507
social contributions
-
-
-
14 929
health
-
-
-
2 754
total
-
-
-
32 190
Employee
70 949
70 949
98 240
-
social contributions
3 448
5 888
7 942
-
income
7 450
6 568
13 999
-
health
706
1 206
1 670
-
total
11 604
13 662
23 611
-
Employer
70 949
70 949
98 240
-
health
769
1 313
1 817
-
social contributions
3 448
5 888
7 942
-
total
4 217
7 201
9 759
-
Corporate
62 253
29 849
-
-
income
7 781
3 731
-
-
total
7 781
3 731
-
-
Dividends
54 472
26 118
-
-
withholding
9 261
4 440
-
-
total
9 261
4 440
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 863
29 034
33 370
32 190
After tax
75 137
78 966
74 630
75 810
Living cost
29 927
29 927
29 927
29 927
Free-cash
45 210
49 039
44 703
45 883

Estimated living cost  is ₽29927 per week

₽20458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2338
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.
₽6629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44263
₽46093
₽58302
₽44607
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

23 840
9 488
90 377
-
unemployment
358
142
1 356
-
pensions
2 384
949
9 038
-
income
2 914
1 160
11 049
-
health
1 669
664
6 326
-
total
7 325
2 915
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.

23 840
9 488
90 377
-
pensions
4 649
1 850
17 623
-
total
4 649
1 850
17 623
-
Corporate
79 511
96 662
-
-
income
7 156
8 700
-
-
total
7 156
8 700
-
-
Dividends
72 355
87 962
-
-
social contributions
14 001
17 044
-
-
withholding
13 747
16 713
-
-
total
27 748
33 757
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 878
47 222
45 392
33 183
After tax
61 122
60 778
62 608
74 817
Living cost
16 515
16 515
16 515
16 515
Free-cash
44 607
44 263
46 093
58 302

Estimated living cost  is ₽16515 per week

₽11270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽330
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64114
₽39963
₽35601
₽58382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
14 472
health
-
-
-
14 041
pensions
-
-
-
21 600
total
-
-
-
50 113
Employee
26 175
-
80 717
-
unemployment
418
-
1 292
-
pensions
524
-
1 614
-
income
2 947
-
15 562
-
total
3 889
-
18 468
-
Employer
26 175
-
80 717
-
health
3 402
-
10 493
-
pensions
5 235
-
16 144
-
unemployment
210
-
646
-
total
8 847
-
27 283
-
Corporate
72 978
108 000
-
-
income
14 596
21 600
-
-
total
14 596
21 600
-
-
Dividends
58 382
86 400
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 332
21 600
45 751
50 113
After tax
80 668
86 400
62 249
57 887
Living cost
22 286
22 286
22 286
22 286
Free-cash
58 382
64 114
39 963
35 601

Estimated living cost  is ₽22286 per week

₽15286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11789
₽36145
₽53495
₽5599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
income
-
-
-
27 466
other
-
-
-
346
health
-
-
-
2 036
pensions
-
-
-
3 884
total
-
-
-
33 968
Employee
32 306
-
93 849
-
pensions
3 638
-
7 122
-
income
4 432
-
19 300
-
health
3 699
-
10 745
-
total
11 769
-
37 167
-
Employer
32 306
-
93 849
-
pensions
5 253
-
10 285
-
accident
539
-
1 567
-
unemployment
791
-
2 299
-
total
6 583
-
14 151
-
Corporate
69 110
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.

62 199
97 200
-
-
total
62 199
97 200
-
-
Dividends
6 911
10 800
-
-
withholding
1 313
2 052
-
-
total
1 313
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
81 864
99 252
51 318
33 968
After tax
26 136
8 748
56 682
74 032
Living cost
20 537
20 537
20 537
20 537
Free-cash
5 599
-11 789
36 145
53 495

Estimated living cost  is ₽20537 per week

₽15052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95050
₽78850
₽99370
₽93635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
108 000
microenterprise

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

-
-
-
1 080
total
-
-
-
1 080
Employee
9 437
-
108 000
-
income
1 887
-
21 600
-
total
1 887
-
21 600
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

98 563
108 000
-
-
total
-
-
-
-
Dividends
98 563
108 000
-
-
withholding
4 928
5 400
-
-
total
4 928
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
6 815
5 400
21 600
1 080
After tax
101 185
102 600
86 400
106 920
Living cost
7 550
7 550
7 550
7 550
Free-cash
93 635
95 050
78 850
99 370

Estimated living cost  is ₽7550 per week

₽4679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54763
₽37933
₽33468
₽48533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 144
other
-
-
-
5 130
health
-
-
-
4 752
pensions

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

-
-
-
25 921
total
-
-
-
49 947
Employee
33 501
-
86 262
-
unemployment
334
-
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.

2 345
-
6 039
-
income
5 768
-
15 634
-
health
469
-
1 208
-
total
8 916
-
23 744
-
Employer
33 501
-
86 262
-
health
469
-
1 208
-
pensions

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

5 696
-
14 664
-
accident
268
-
690
-
unemployment
334
-
863
-
other
1 676
-
4 313
-
total
8 443
-
21 738
-
Corporate
66 056
108 000
-
-
income
13 871
22 680
-
-
total
13 871
22 680
-
-
Dividends
52 185
85 320
-
-
withholding
3 652
5 972
-
-
total
3 652
5 972
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 882
28 652
45 482
49 947
After tax
73 118
79 348
62 518
58 053
Living cost
24 585
24 585
24 585
24 585
Free-cash
48 533
54 763
37 933
33 468

Estimated living cost  is ₽24585 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5158
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15170
₽4275
₽14345
₽7048
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 194
pensions
-
-
-
7 177
total
-
-
-
32 371
Employee
86 707
-
94 838
-
pensions
8 365
-
9 217
-
income
15 630
-
18 479
-
health
1 429
-
1 583
-
total
25 424
-
29 279
-
Employer
86 707
-
94 838
-
health
1 647
-
1 802
-
pensions
10 238
-
11 360
-
total
11 885
-
13 162
-
Corporate
9 408
108 000
-
-
income

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

1 788
20 520
-
-
total
1 788
20 520
-
-
Dividends
7 620
87 480
-
-
withholding
571
11 026
-
-
total
571
11 026
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 668
31 546
42 441
32 371
After tax
68 332
76 454
65 559
75 629
Living cost
61 284
61 284
61 284
61 284
Free-cash
7 048
15 170
4 275
14 345

Estimated living cost  is ₽61284 per week

₽45921
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7200
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽80248
₽74755
₽71106
₽75965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
unemployment
-
-
-
129
health
-
-
-
3 705
pensions

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

-
-
-
4 768
total
-
-
-
24 802
Employee
16 012
-
101 679
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
pensions

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

1 406
-
2 829
-
income
1 601
-
10 168
-
health
736
-
1 482
-
total
3 919
-
14 833
-
Employer
16 012
-
101 679
-
health
1 105
-
2 223
-
pensions

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

1 765
-
3 550
-
accident

We are using the highest rate at 1.1%.

176
-
354
-
unemployment
96
-
193
-
total
3 142
-
6 320
-
Corporate
88 846
108 000
-
-
income
8 884
10 800
-
-
total
8 884
10 800
-
-
Dividends
79 962
97 200
-
-
withholding
3 998
4 860
-
-
total
3 998
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
19 943
15 660
21 153
24 802
After tax
88 057
92 340
86 847
83 198
Living cost
12 092
12 092
12 092
12 092
Free-cash
75 965
80 248
74 755
71 106

Estimated living cost  is ₽12092 per week

₽7060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽320
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1495
₽6004
₽10625
₽3817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
24 024
health
-
-
-
11 378
pensions
-
-
-
10 810
total
-
-
-
46 212
Employee
85 543
78 792
91 907
-
pensions
10 810
10 810
10 810
-
income

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

12 897
12 897
12 897
-
health
10 672
10 287
11 034
-
total
34 379
33 994
34 741
-
Employer
85 543
78 792
91 907
-
health
5 944
5 477
6 387
-
pensions
5 953
5 484
6 396
-
unemployment
3 080
2 837
3 309
-
total
14 977
13 798
16 092
-
Corporate
7 479
15 410
-
-
income
1 495
3 082
-
-
total
1 495
3 082
-
-
Dividends
5 984
12 329
-
-
income
1 271
2 619
-
-
withholding
898
1 849
-
-
total
2 169
4 468
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 020
55 342
50 833
46 212
After tax
54 980
52 658
57 167
61 788
Living cost
51 163
51 163
51 163
51 163
Free-cash
3 817
1 495
6 004
10 625

Estimated living cost  is ₽51163 per week

₽37742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4570
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.
₽8266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51734
₽32181
₽29977
₽43664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
health
-
-
-
14 580
total
-
-
-
55 399
Employee
33 270
-
80 597
-
solidarity contribution
-
-
-
-
social contributions
2 163
-
5 239
-
income
3 992
-
9 672
-
health
4 491
-
10 881
-
total
10 646
-
25 792
-
Employer
33 270
-
80 597
-
health
2 994
-
7 254
-
social contributions
8 318
-
20 149
-
total
11 312
-
27 403
-
Corporate
63 418
108 000
-
-
income
12 049
20 520
-
-
total
12 049
20 520
-
-
Dividends
51 368
87 480
-
-
withholding
7 705
13 122
-
-
total
7 705
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 712
33 642
53 195
55 399
After tax
66 288
74 358
54 805
52 601
Living cost
22 624
22 624
22 624
22 624
Free-cash
43 664
51 734
32 181
29 977

Estimated living cost  is ₽22624 per week

₽15715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18689
₽10248
₽15389
₽13872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
regional
-
-
-
1 218
municipal
-
-
-
643
national
-
-
-
24 040
total
-
-
-
53 678
Employee
82 001
-
108 000
-
municipal
434
-
573
-
national
14 209
-
20 757
-
regional
774
-
1 071
-
social contributions
27 651
-
36 418
-
total
43 068
-
58 819
-
Employer
82 001
-
108 000
-
total
-
-
-
-
Corporate
25 999
108 000
-
-
municipal
1 014
4 213
-
-
nationa
6 240
25 919
-
-
total
7 254
30 132
-
-
Dividends
18 745
77 868
-
-
withholding
4 873
20 246
-
-
total
4 873
20 246
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 195
50 378
58 819
53 678
After tax
52 805
57 622
49 181
54 322
Living cost
38 933
38 933
38 933
38 933
Free-cash
13 872
18 689
10 248
15 389

Estimated living cost  is ₽38933 per week

₽27140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47571
₽31050
₽32827
₽44699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 379
other
-
-
-
-
surtax
-
-
-
2 957
unemployment
-
-
-
210
health
-
-
-
7 667
pensions
-
-
-
21 600
total
-
-
-
54 813
Employee
30 512
-
89 221
-
other
-
-
-
-
unemployment
2 124
-
6 211
-
pensions
2 035
-
5 951
-
surtax
100
-
2 677
-
income
5 115
-
20 696
-
health
779
-
2 276
-
total
10 153
-
37 811
-
Employer
30 512
-
89 221
-
health
1 388
-
4 059
-
pensions
4 067
-
11 892
-
unemployment
967
-
2 828
-
other
-
-
-
-
total
6 422
-
18 779
-
Corporate
71 065
108 000
-
-
income
18 478
28 080
-
-
total
18 478
28 080
-
-
Dividends
52 588
79 920
-
-
withholding
7 888
11 989
-
-
total
7 888
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 941
40 069
56 590
54 813
After tax
65 059
67 931
51 410
53 187
Living cost
20 360
20 360
20 360
20 360
Free-cash
44 699
47 571
31 050
32 827

Estimated living cost  is ₽20360 per week

₽12449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34586
₽23691
₽33761
₽31841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 194
pensions
-
-
-
7 177
total
-
-
-
32 371
Employee
58 109
-
94 838
-
pensions
4 932
-
9 217
-
income
10 466
-
18 479
-
health
844
-
1 583
-
total
16 242
-
29 279
-
Employer
58 109
-
94 838
-
health
1 104
-
1 802
-
pensions
6 290
-
11 360
-
total
7 394
-
13 162
-
Corporate
42 497
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.

8 074
20 520
-
-
total
8 074
20 520
-
-
Dividends
34 423
87 480
-
-
withholding
2 581
11 026
-
-
total
2 581
11 026
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 291
31 546
42 441
32 371
After tax
73 709
76 454
65 559
75 629
Living cost
41 868
41 868
41 868
41 868
Free-cash
31 841
34 586
23 691
33 761

Estimated living cost  is ₽41868 per week

₽31367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6924
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽23736
₽11111
₽16475
₽7550
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
other

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

-
-
-
2 160
regional
-
-
-
4 043
health
-
-
-
242
city
-
-
-
1 138
national
-
-
-
883
pensions
-
-
-
9 937
total
-
-
-
18 403
Employee
85 572
-
96 666
-
unemployment
-
-
-
-
pensions
7 189
-
8 121
-
national
405
-
661
-
regional
2 802
-
3 456
-
city
918
-
1 039
-
health
193
-
218
-
total
11 507
-
13 495
-
Employer
85 572
-
96 666
-
health
193
-
218
-
pensions
7 189
-
8 121
-
unemployment
-
-
-
-
other

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

1 711
-
1 933
-
total
9 093
-
10 272
-
Corporate
12 394
108 000
-
-
regional
2 622
22 843
-
-
national
1 054
9 180
-
-
total
3 676
32 023
-
-
Dividends
8 719
75 977
-
-
withholding
3 052
26 591
-
-
total
3 052
26 591
-
-
Income
108 000
108 000
108 000
108 000
Total tax
27 328
58 614
23 767
18 403
After tax
80 672
49 386
84 233
89 597
Living cost
73 122
73 122
73 122
73 122
Free-cash
7 550
-23 736
11 111
16 475

Estimated living cost  is ₽73122 per week

₽47550
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽898
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11182
₽30588
₽19422
₽26143
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
income

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

-
-
-
27 337
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.

-
-
-
1 504
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.

-
-
-
6 303
trade
-
-
-
11 166
total
-
-
-
46 310
Employee

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

55 451
-
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.

359
-
1 504
-
income

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

6 521
-
27 337
-
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.

6 303
-
6 303
-
total
13 183
-
35 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 549
108 000
-
-
income
7 883
16 200
-
-
surtax

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

434
891
-
-
chamber of commerce
214
292
-
-
trade
9 012
18 521
-
-
total
17 543
35 904
-
-
Dividends
35 006
72 095
-
-
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.

462
972
-
-
withholding
8 401
17 674
-
-
total
8 863
18 646
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 589
54 550
35 144
46 310
After tax
68 411
53 450
72 856
61 690
Living cost
42 268
42 268
42 268
42 268
Free-cash
26 143
11 182
30 588
19 422

Estimated living cost  is ₽42268 per week

₽30871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22864
₽33830
₽30177
₽28312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 512
other
-
-
-
3 348
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 865
pensions
-
-
-
24 454
total
-
-
-
46 255
Employee
39 489
-
86 609
-
pensions
4 465
-
4 714
-
surtax
-
-
-
-
social contributions
1 126
-
2 467
-
income
2 331
-
14 032
-
total
7 922
-
21 213
-
Employer
39 489
-
86 609
-
health
2 765
-
6 464
-
pensions
6 487
-
8 170
-
unemployment
1 599
-
3 507
-
social contributions
119
-
259
-
other
1 362
-
2 989
-
total
12 332
-
21 389
-
Corporate
56 179
108 000
-
-
income
15 730
30 241
-
-
surtax
-
-
-
-
total
15 730
30 241
-
-
Dividends
40 449
77 759
-
-
surtax
-
-
-
-
social contributions
6 958
13 375
-
-
withholding
5 178
9 952
-
-
total
12 136
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 120
53 568
42 602
46 255
After tax
59 880
54 432
65 398
61 745
Living cost
31 568
31 568
31 568
31 568
Free-cash
28 312
22 864
33 830
30 177

Estimated living cost  is ₽31568 per week

₽19905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25992
₽36958
₽33305
₽31119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 512
other
-
-
-
3 348
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 865
pensions
-
-
-
24 454
total
-
-
-
46 255
Employee
35 249
-
86 609
-
pensions
3 987
-
4 714
-
surtax
-
-
-
-
social contributions
1 005
-
2 467
-
income
1 817
-
14 032
-
total
6 809
-
21 213
-
Employer
35 249
-
86 609
-
health
2 467
-
6 464
-
pensions
5 792
-
8 170
-
unemployment
1 427
-
3 507
-
social contributions
105
-
259
-
other
1 217
-
2 989
-
total
11 008
-
21 389
-
Corporate
61 742
108 000
-
-
income
17 287
30 241
-
-
surtax
-
-
-
-
total
17 287
30 241
-
-
Dividends
44 455
77 759
-
-
surtax
-
-
-
-
social contributions
7 646
13 375
-
-
withholding
5 691
9 952
-
-
total
13 337
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 441
53 568
42 602
46 255
After tax
59 559
54 432
65 398
61 745
Living cost
28 440
28 440
28 440
28 440
Free-cash
31 119
25 992
36 958
33 305

Estimated living cost  is ₽28440 per week

₽16494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽46325
₽49168
₽49793
₽46806
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
social contributions
-
-
-
14 904
health
-
-
-
7 538
total
-
-
-
38 642
Employee
31 284
-
108 000
-
social contributions
4 318
-
14 904
-
income
5 218
-
16 825
-
health
2 183
-
7 538
-
total
11 719
-
39 267
-
Employer
31 284
-
108 000
-
total
-
-
-
-
Corporate
76 716
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%.

3 836
5 400
-
-
total
3 836
5 400
-
-
Dividends
72 880
102 600
-
-
social contributions
10 057
14 158
-
-
withholding
10 931
15 391
-
-
health
5 086
7 161
-
-
total
26 074
36 710
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 629
42 110
39 267
38 642
After tax
66 371
65 890
68 733
69 358
Living cost
19 565
19 565
19 565
19 565
Free-cash
46 806
46 325
49 168
49 793

Estimated living cost  is ₽19565 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27765
-₽1765
₽20917
₽26340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 113
surtax
-
-
-
182
unemployment
-
-
-
5 659
chamber of commerce
-
-
-
432
health
-
-
-
8 245
pensions
-
-
-
19 941
total
-
-
-
54 572
Employee
46 111
36 770
83 721
-
other
460
368
837
-
unemployment
1 383
1 103
2 511
-
pensions
4 722
3 765
8 573
-
income
5 249
2 712
17 765
-
health
1 784
1 424
3 239
-
total
13 598
9 372
32 925
-
Employer
46 111
36 770
83 721
-
chamber of commerce
184
147
334
-
health
1 742
1 390
3 164
-
pensions
5 787
4 615
10 507
-
accident
599
478
1 089
-
unemployment
1 383
1 103
2 511
-
surtax
182
182
182
-
payroll
1 383
1 103
2 511
-
other
2 190
1 746
3 976
-
total
13 450
10 764
24 274
-
Corporate
48 438
60 465
80 223
-
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.

12 110
15 116
20 055
-
total
12 110
15 116
20 055
-
Dividends
36 329
45 350
-
-
withholding
9 991
12 472
-
-
total
9 991
12 472
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 149
47 724
77 254
54 572
After tax
58 851
60 276
30 746
53 428
Living cost
32 511
32 511
32 511
32 511
Free-cash
26 340
27 765
-1 765
20 917

Estimated living cost  is ₽32511 per week

₽21684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26873
₽7425
₽15330
₽13033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
communal

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

-
-
-
5 440
social contributions
-
-
-
17 319
national
-
-
-
36 269
total
-
-
-
59 028
Employee

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

65 999
-
83 648
-
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.

574
-
728
-
communal

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

3 442
-
4 363
-
pensions

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

4 950
-
6 274
-
national
20 291
-
27 287
-
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.

3 101
-
3 931
-
total
32 358
-
42 583
-
Employer

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

65 999
-
83 648
-
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.

4 059
-
5 144
-
pensions

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

5 848
-
7 412
-
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.

858
-
1 087
-
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.

963
-
1 220
-
surtax
7 484
-
9 487
-
total
19 212
-
24 350
-
Corporate
22 789
108 000
-
-
income
4 558
21 600
-
-
surtax
91
432
-
-
total
4 649
22 032
-
-
Dividends
18 141
85 968
-
-
withholding

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

5 106
25 453
-
-
total
5 106
25 453
-
-
Income
108 000
108 000
108 000
108 000
Total tax
61 325
47 485
66 933
59 028
After tax
46 675
60 515
41 067
48 972
Living cost
33 642
33 642
33 642
33 642
Free-cash
13 033
26 873
7 425
15 330

Estimated living cost  is ₽33642 per week

₽21670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39324
₽22521
₽26081
₽32058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
770
income
-
-
-
22 940
other
-
-
-
86
unemployment
-
-
-
599
pensions
-
-
-
24 202
total
-
-
-
48 597
Employee
45 928
-
81 892
-
other
46
-
82
-
unemployment
713
-
1 269
-
pensions
2 159
-
3 849
-
income
9 691
-
20 849
-
total
12 609
-
26 049
-
Employer
45 928
-
81 892
-
pensions
10 838
-
19 327
-
accident
909
-
1 621
-
unemployment
2 527
-
4 503
-
other
366
-
657
-
total
14 640
-
26 108
-
Corporate
47 432
108 000
-
-
income

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

7 114
16 200
-
-
total
7 114
16 200
-
-
Dividends
40 318
91 800
-
-
withholding
8 257
19 154
-
-
total
8 257
19 154
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 620
35 354
52 157
48 597
After tax
65 380
72 646
55 843
59 403
Living cost
33 322
33 322
33 322
33 322
Free-cash
32 058
39 324
22 521
26 081

Estimated living cost  is ₽33322 per week

₽24538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2364
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.
₽5939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15346
₽13664
₽9312
₽8302
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
communal
-
-
-
6 825
accident
-
-
-
910
income
-
-
-
11 681
surtax
-
-
-
5 354
health
-
-
-
7 589
pensions
-
-
-
16 187
total
-
-
-
48 546
Employee
69 873
-
96 470
-
pensions
5 589
-
7 718
-
surtax
4 283
-
5 913
-
income
6 749
-
14 741
-
health
3 110
-
4 293
-
total
19 731
-
32 665
-
Employer
69 873
-
96 470
-
health
2 131
-
2 943
-
pensions
5 589
-
7 718
-
accident
629
-
868
-
total
8 349
-
11 529
-
Corporate
29 778
108 000
-
-
communal
-
7 289
-
-
income
4 467
16 200
-
-
surtax
313
1 135
-
-
total
4 780
24 624
-
-
Dividends
24 998
83 377
-
-
income
12 945
5 381
-
-
withholding
3 751
12 507
-
-
total
16 696
17 888
-
-
Income
108 000
108 000
108 000
108 000
Total tax
49 556
42 512
44 194
48 546
After tax
58 444
65 488
63 806
59 454
Living cost
50 142
50 142
50 142
50 142
Free-cash
8 302
15 346
13 664
9 312

Estimated living cost  is ₽50142 per week

₽37614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47207
₽30686
₽32463
₽44273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 379
other
-
-
-
-
surtax
-
-
-
2 957
unemployment
-
-
-
210
health
-
-
-
7 667
pensions
-
-
-
21 600
total
-
-
-
54 813
Employee
31 072
-
89 221
-
other
-
-
-
-
unemployment
2 162
-
6 211
-
pensions
2 073
-
5 951
-
surtax
110
-
2 677
-
income
5 209
-
20 696
-
health
793
-
2 276
-
total
10 347
-
37 811
-
Employer
31 072
-
89 221
-
health
1 413
-
4 059
-
pensions
4 143
-
11 892
-
unemployment
986
-
2 828
-
other
-
-
-
-
total
6 542
-
18 779
-
Corporate
70 386
108 000
-
-
income
18 301
28 080
-
-
total
18 301
28 080
-
-
Dividends
52 085
79 920
-
-
withholding
7 813
11 989
-
-
total
7 813
11 989
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 003
40 069
56 590
54 813
After tax
64 997
67 931
51 410
53 187
Living cost
20 724
20 724
20 724
20 724
Free-cash
44 273
47 207
30 686
32 463

Estimated living cost  is ₽20724 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31913
₽23943
₽29056
₽29864
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
regional
-
-
-
1 629
municipal
-
-
-
643
national
-
-
-
24 040
total
-
-
-
54 089
Employee
51 182
-
108 000
-
municipal
271
-
573
-
national
8 109
-
20 757
-
regional
689
-
1 454
-
social contributions
17 259
-
36 418
-
total
26 328
-
59 202
-
Employer
51 182
-
108 000
-
total
-
-
-
-
Corporate
56 818
108 000
-
-
municipal
2 824
5 368
-
-
nationa
13 636
25 919
-
-
total
16 460
31 287
-
-
Dividends
40 357
76 712
-
-
withholding
10 493
19 945
-
-
total
10 493
19 945
-
-
Income
108 000
108 000
108 000
108 000
Total tax
53 281
51 232
59 202
54 089
After tax
54 719
56 768
48 798
53 911
Living cost
24 855
24 855
24 855
24 855
Free-cash
29 864
31 913
23 943
29 056

Estimated living cost  is ₽24855 per week

₽15457
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46480
₽26927
₽24723
₽36534
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
9 283
social contributions
-
-
-
31 536
solidarity contribution
-
-
-
-
health
-
-
-
14 580
total
-
-
-
55 399
Employee
40 998
-
80 597
-
solidarity contribution
-
-
-
-
social contributions
2 665
-
5 239
-
income
4 920
-
9 672
-
health
5 535
-
10 881
-
total
13 120
-
25 792
-
Employer
40 998
-
80 597
-
health
3 690
-
7 254
-
social contributions
10 249
-
20 149
-
total
13 939
-
27 403
-
Corporate
53 063
108 000
-
-
income
10 082
20 520
-
-
total
10 082
20 520
-
-
Dividends
42 981
87 480
-
-
withholding
6 447
13 122
-
-
total
6 447
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
43 588
33 642
53 195
55 399
After tax
64 412
74 358
54 805
52 601
Living cost
27 878
27 878
27 878
27 878
Free-cash
36 534
46 480
26 927
24 723

Estimated living cost  is ₽27878 per week

₽20732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1544
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30940
₽1337
₽24174
₽30482
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 113
surtax
-
-
-
-
unemployment
-
-
-
5 659
chamber of commerce
-
-
-
432
health
-
-
-
8 245
pensions
-
-
-
19 941
total
-
-
-
54 390
Employee
40 333
36 770
83 863
-
other
403
368
839
-
unemployment
1 210
1 103
2 516
-
pensions
4 130
3 765
8 588
-
income
3 593
2 712
17 812
-
health
1 560
1 424
3 246
-
total
10 896
9 372
33 001
-
Employer
40 333
36 770
83 863
-
chamber of commerce
161
147
336
-
health
1 525
1 390
3 169
-
pensions
5 062
4 615
10 525
-
accident
524
478
1 091
-
unemployment
1 210
1 103
2 516
-
surtax
-
-
-
-
payroll
1 210
1 103
2 516
-
other
1 916
1 746
3 983
-
total
11 608
10 582
24 136
-
Corporate
56 060
60 648
80 361
-
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.

14 015
15 161
20 090
-
total
14 015
15 161
20 090
-
Dividends
42 046
45 486
-
-
withholding
11 563
12 509
-
-
total
11 563
12 509
-
-
Income
108 000
108 000
108 000
108 000
Total tax
48 082
47 624
77 227
54 390
After tax
59 918
60 376
30 773
53 610
Living cost
29 436
29 436
29 436
29 436
Free-cash
30 482
30 940
1 337
24 174

Estimated living cost  is ₽29436 per week

₽17658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90834
₽74634
₽95154
₽88627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 707
-
108 000
-
income
2 942
-
21 600
-
total
2 942
-
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%.

93 293
108 000
-
-
total
-
-
-
-
Dividends
93 293
108 000
-
-
withholding
4 665
5 400
-
-
total
4 665
5 400
-
-
Income
108 000
108 000
108 000
108 000
Total tax
7 607
5 400
21 600
1 080
After tax
100 393
102 600
86 400
106 920
Living cost
11 766
11 766
11 766
11 766
Free-cash
88 627
90 834
74 634
95 154

Estimated living cost  is ₽11766 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49611
₽27345
₽30438
₽41894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 299
unemployment
-
-
-
163
health
-
-
-
10 628
pensions
-
-
-
19 724
total
-
-
-
52 814
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.

40 801
-
93 451
-
unemployment
58
-
131
-
pensions
6 324
-
14 486
-
income
7 036
-
20 706
-
health
2 635
-
6 035
-
total
16 053
-
41 358
-
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.

40 801
-
93 451
-
health
2 717
-
6 223
-
pensions
3 610
-
8 270
-
unemployment
25
-
56
-
total
6 352
-
14 549
-
Corporate
60 847
108 000
-
-
income
11 561
20 519
-
-
total
11 561
20 519
-
-
Dividends
49 285
87 481
-
-
withholding
7 392
13 122
-
-
total
7 392
13 122
-
-
Income
108 000
108 000
108 000
108 000
Total tax
41 358
33 641
55 907
52 814
After tax
66 642
74 359
52 093
55 186
Living cost
24 748
24 748
24 748
24 748
Free-cash
41 894
49 611
27 345
30 438

Estimated living cost  is ₽24748 per week

₽16984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26467
₽56797
₽35397
-₽27598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
56 265
-
-
-
social contributions
4 614
-
657
-
income
12 411
-
-
-
total
17 025
-
657
-
Employer
56 265
-
-
-
social contributions
79 333
-
11 306
-
total
79 333
-
11 306
-
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
96 358
42 293
11 963
33 363
After tax
11 642
65 707
96 037
74 637
Living cost
39 240
39 240
39 240
39 240
Free-cash
-27 598
26 467
56 797
35 397

Estimated living cost  is ₽39240 per week

₽25461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3691
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32489
₽24208
₽30706
₽31559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 823
surtax
-
-
-
-
social contributions

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

-
-
-
37 530
total
-
-
-
48 353
Employee
42 436
-
87 272
-
surtax
-
-
-
-
social contributions
4 668
-
9 600
-
income
8 827
-
24 523
-
total
13 495
-
34 123
-
Employer
42 436
-
87 272
-
social contributions
10 078
-
20 728
-
total
10 078
-
20 728
-
Corporate
55 486
108 000
-
-
income
11 653
22 680
-
-
surtax
-
-
-
-
total
11 653
22 680
-
-
Dividends
43 833
85 320
-
-
withholding
12 274
23 890
-
-
total
12 274
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 500
46 570
54 851
48 353
After tax
60 500
61 430
53 149
59 647
Living cost
28 941
28 941
28 941
28 941
Free-cash
31 559
32 489
24 208
30 706

Estimated living cost  is ₽28941 per week

₽21654
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9868
₽20834
₽17181
₽16212
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 512
other
-
-
-
3 348
surtax
-
-
-
-
social contributions
-
-
-
3 076
health
-
-
-
2 865
pensions
-
-
-
24 454
total
-
-
-
46 255
Employee
57 789
-
86 609
-
pensions
6 536
-
4 714
-
surtax
-
-
-
-
social contributions
1 646
-
2 467
-
income
5 042
-
14 032
-
total
13 224
-
21 213
-
Employer
57 789
-
86 609
-
health
4 045
-
6 464
-
pensions
9 495
-
8 170
-
unemployment
2 341
-
3 507
-
social contributions
173
-
259
-
other
1 994
-
2 989
-
total
18 048
-
21 389
-
Corporate
32 163
108 000
-
-
income
9 005
30 241
-
-
surtax
-
-
-
-
total
9 005
30 241
-
-
Dividends
23 158
77 759
-
-
surtax
-
-
-
-
social contributions
3 983
13 375
-
-
withholding
2 964
9 952
-
-
total
6 947
23 327
-
-
Income
108 000
108 000
108 000
108 000
Total tax
47 224
53 568
42 602
46 255
After tax
60 776
54 432
65 398
61 745
Living cost
44 564
44 564
44 564
44 564
Free-cash
16 212
9 868
20 834
17 181

Estimated living cost  is ₽44564 per week

₽30160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69465
₽56555
₽53684
₽66366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 821
social contributions
-
-
-
23 760
total
-
-
-
26 581
Employee
29 663
-
93 507
-
income
-
-
3 139
-
social contributions
1 928
-
6 078
-
total
1 928
-
9 217
-
Employer
29 663
-
93 507
-
social contributions
4 598
-
14 493
-
total
4 598
-
14 493
-
Corporate
73 739
108 000
-
-
income
7 373
10 800
-
-
total
7 373
10 800
-
-
Dividends
66 366
97 200
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
13 899
10 800
23 710
26 581
After tax
94 101
97 200
84 290
81 419
Living cost
27 735
27 735
27 735
27 735
Free-cash
66 366
69 465
56 555
53 684

Estimated living cost  is ₽27735 per week

₽17933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2091
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.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
-₽92885
-₽92885
₽21645
-₽92885
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
labour market
-
-
-
8 576
municipal
-
-
-
20 881
national
-
-
-
11 695
pensions
-
-
-
799
total
-
-
-
41 951
Employee
187 419
187 419
187 419
-
municipal
39 910
39 910
39 910
-
labour market
14 972
14 972
14 972
-
pensions
266
266
266
-
national
22 897
22 897
22 897
-
total
78 045
78 045
78 045
-
Employer
187 419
187 419
187 419
-
national
22 936
22 936
22 936
-
labour market
14 994
14 994
14 994
-
pensions
533
533
533
-
municipal
39 973
39 973
39 973
-
total
78 436
78 436
78 436
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 000
108 000
108 000
108 000
Total tax
156 481
156 481
156 481
41 951
After tax
-48 481
-48 481
-48 481
66 049
Living cost
44 404
44 404
44 404
44 404
Free-cash
-92 885
-92 885
-92 885
21 645

Estimated living cost  is ₽44404 per week

₽30391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽683
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11486
₽36448
₽53798
₽5645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
income
-
-
-
27 466
other
-
-
-
346
health
-
-
-
2 036
pensions
-
-
-
3 884
total
-
-
-
33 968
Employee
31 830
-
93 849
-
pensions
3 584
-
7 122
-
income
4 367
-
19 300
-
health
3 645
-
10 745
-
total
11 596
-
37 167
-
Employer
31 830
-
93 849
-
pensions
5 175
-
10 285
-
accident
531
-
1 567
-
unemployment
780
-
2 299
-
total
6 486
-
14 151
-
Corporate
69 683
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.

62 715
97 200
-
-
total
62 715
97 200
-
-
Dividends
6 968
10 800
-
-
withholding
1 324
2 052
-
-
total
1 324
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
82 121
99 252
51 318
33 968
After tax
25 879
8 748
56 682
74 032
Living cost
20 234
20 234
20 234
20 234
Free-cash
5 645
-11 486
36 448
53 798

Estimated living cost  is ₽20234 per week

₽14728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽380
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35182
₽24696
₽39506
₽34808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
health
-
-
-
1 278
municipal
-
-
-
19 210
national
-
-
-
12 582
total
-
-
-
33 070
Employee
48 544
-
90 855
-
municipal
7 951
-
14 822
-
unemployment
728
-
1 362
-
pensions
3 276
-
6 134
-
national
802
-
7 403
-
health
362
-
1 014
-
total
13 119
-
30 735
-
Employer
48 544
-
90 855
-
health
373
-
700
-
pensions
8 422
-
15 764
-
accident
49
-
91
-
unemployment
315
-
590
-
total
9 159
-
17 145
-
Corporate
50 297
108 000
-
-
income
10 059
21 600
-
-
total
10 059
21 600
-
-
Dividends

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

30 179
64 800
-
-
municipal
5 431
11 665
-
-
national
-
4 129
-
-
total
5 431
15 794
-
-
Income
108 000
108 000
108 000
108 000
Total tax
37 768
37 394
47 880
33 070
After tax
70 232
70 606
60 120
74 930
Living cost
35 424
35 424
35 424
35 424
Free-cash
34 808
35 182
24 696
39 506

Estimated living cost  is ₽35424 per week

₽23139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57604
₽53268
₽54448
₽52581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 507
social contributions
-
-
-
14 929
health
-
-
-
2 754
total
-
-
-
32 190
Employee
70 949
70 949
98 240
-
social contributions
2 682
5 888
7 942
-
income
7 725
6 568
13 999
-
health
550
1 206
1 670
-
total
10 957
13 662
23 611
-
Employer
70 949
70 949
98 240
-
health
597
1 313
1 817
-
social contributions
2 682
5 888
7 942
-
total
3 279
7 201
9 759
-
Corporate
72 401
29 849
-
-
income
9 051
3 731
-
-
total
9 051
3 731
-
-
Dividends
63 350
26 118
-
-
withholding
10 770
4 440
-
-
total
10 770
4 440
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 057
29 034
33 370
32 190
After tax
73 943
78 966
74 630
75 810
Living cost
21 362
21 362
21 362
21 362
Free-cash
52 581
57 604
53 268
54 448

Estimated living cost  is ₽21362 per week

₽12803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74786
₽55070
₽73580
₽70093
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 537
unemployment
-
-
-
26
health
-
-
-
3 339
pensions
-
-
-
5 869
total
-
-
-
19 771
Employee

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

21 178
-
98 983
-
unemployment
105
-
438
-
pensions
3 176
-
13 132
-
income
1 448
-
8 251
-
health
1 800
-
7 442
-
total
6 529
-
29 263
-
Employer

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

21 178
-
98 983
-
health
910
-
3 765
-
pensions
1 164
-
4 815
-
unemployment
105
-
438
-
total
2 179
-
9 018
-
Corporate
84 642
108 000
-
-
income
7 618
9 719
-
-
total
7 618
9 719
-
-
Dividends
77 023
98 281
-
-
withholding
6 932
8 846
-
-
total
6 932
8 846
-
-
Income
108 000
108 000
108 000
108 000
Total tax
23 258
18 565
38 281
19 771
After tax
84 742
89 435
69 719
88 229
Living cost
14 649
14 649
14 649
14 649
Free-cash
70 093
74 786
55 070
73 580

Estimated living cost  is ₽14649 per week

₽9347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47274
₽30471
₽34031
₽42520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
770
income
-
-
-
22 940
other
-
-
-
86
unemployment
-
-
-
599
pensions
-
-
-
24 202
total
-
-
-
48 597
Employee
34 117
-
81 892
-
other
33
-
82
-
unemployment
529
-
1 269
-
pensions
1 604
-
3 849
-
income
6 577
-
20 849
-
total
8 743
-
26 049
-
Employer
34 117
-
81 892
-
pensions
8 051
-
19 327
-
accident
676
-
1 621
-
unemployment
1 877
-
4 503
-
other
273
-
657
-
total
10 877
-
26 108
-
Corporate
63 007
108 000
-
-
income

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

9 452
16 200
-
-
total
9 452
16 200
-
-
Dividends
53 555
91 800
-
-
withholding
11 036
19 154
-
-
total
11 036
19 154
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 108
35 354
52 157
48 597
After tax
67 892
72 646
55 843
59 403
Living cost
25 372
25 372
25 372
25 372
Free-cash
42 520
47 274
30 471
34 031

Estimated living cost  is ₽25372 per week

₽17126
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65520
₽67096
₽67229
₽65211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
36 544
health
-
-
-
990
pensions
-
-
-
1 365
total
-
-
-
38 899
Employee
2 851
-
106 464
-
unemployment
29
-
68
-
pensions
257
-
614
-
income
551
-
36 472
-
health
143
-
341
-
total
980
-
37 495
-
Employer
2 851
-
106 464
-
health
271
-
649
-
pensions
314
-
751
-
unemployment
57
-
137
-
total
642
-
1 537
-
Corporate
104 508
108 000
-
-
income
22 992
23 760
-
-
total
22 992
23 760
-
-
Dividends
81 516
84 240
-
-
withholding
16 303
16 848
-
-
total
16 303
16 848
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 917
40 608
39 032
38 899
After tax
67 083
67 392
68 968
69 101
Living cost
1 872
1 872
1 872
1 872
Free-cash
65 211
65 520
67 096
67 229

Estimated living cost  is ₽1872 per week

₽1112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62077
₽43131
₽43130
₽57538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 147
unemployment
-
-
-
1 023
health
-
-
-
7 022
pensions
-
-
-
17 725
total
-
-
-
48 917
Employee

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

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

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

24 056
-
95 797
-
unemployment
180
-
511
-
pensions
3 368
-
9 544
-
income
3 316
-
23 147
-
health
1 239
-
3 511
-
total
8 103
-
36 713
-
Employer

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

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

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

24 056
-
95 797
-
health
1 239
-
3 511
-
pensions
2 887
-
8 181
-
unemployment
180
-
511
-
total
4 306
-
12 203
-
Corporate
79 638
108 000
-
-
income
11 946
16 200
-
-
total
11 946
16 200
-
-
Dividends
67 692
91 800
-
-
withholding
10 154
13 770
-
-
total
10 154
13 770
-
-
Income
108 000
108 000
108 000
108 000
Total tax
34 509
29 970
48 916
48 917
After tax
73 491
78 030
59 084
59 083
Living cost
15 953
15 953
15 953
15 953
Free-cash
57 538
62 077
43 131
43 130

Estimated living cost  is ₽15953 per week

₽10741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36555
₽28274
₽34772
₽36224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 823
surtax
-
-
-
-
social contributions

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

-
-
-
37 530
total
-
-
-
48 353
Employee
35 811
-
87 272
-
surtax
-
-
-
-
social contributions
3 940
-
9 600
-
income
6 997
-
24 523
-
total
10 937
-
34 123
-
Employer
35 811
-
87 272
-
social contributions
8 504
-
20 728
-
total
8 504
-
20 728
-
Corporate
63 685
108 000
-
-
income
13 374
22 680
-
-
surtax
-
-
-
-
total
13 374
22 680
-
-
Dividends
50 311
85 320
-
-
withholding
14 086
23 890
-
-
total
14 086
23 890
-
-
Income
108 000
108 000
108 000
108 000
Total tax
46 901
46 570
54 851
48 353
After tax
61 099
61 430
53 149
59 647
Living cost
24 875
24 875
24 875
24 875
Free-cash
36 224
36 555
28 274
34 772

Estimated living cost  is ₽24875 per week

₽17618
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40219
₽23416
₽26976
₽33269
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
accident
-
-
-
770
income
-
-
-
22 940
other
-
-
-
86
unemployment
-
-
-
599
pensions
-
-
-
24 202
total
-
-
-
48 597
Employee
44 561
-
81 892
-
other
44
-
82
-
unemployment
690
-
1 269
-
pensions
2 094
-
3 849
-
income
9 307
-
20 849
-
total
12 135
-
26 049
-
Employer
44 561
-
81 892
-
pensions
10 516
-
19 327
-
accident
882
-
1 621
-
unemployment
2 451
-
4 503
-
other
357
-
657
-
total
14 206
-
26 108
-
Corporate
49 232
108 000
-
-
income

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

7 385
16 200
-
-
total
7 385
16 200
-
-
Dividends
41 847
91 800
-
-
withholding
8 578
19 154
-
-
total
8 578
19 154
-
-
Income
108 000
108 000
108 000
108 000
Total tax
42 304
35 354
52 157
48 597
After tax
65 696
72 646
55 843
59 403
Living cost
32 427
32 427
32 427
32 427
Free-cash
33 269
40 219
23 416
26 976

Estimated living cost  is ₽32427 per week

₽23288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76474
₽70981
₽67332
₽70854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
16 200
unemployment
-
-
-
129
health
-
-
-
3 705
pensions

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

-
-
-
4 768
total
-
-
-
24 802
Employee
21 008
-
101 679
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
pensions

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

1 844
-
2 829
-
income
2 101
-
10 168
-
health
966
-
1 482
-
total
5 142
-
14 833
-
Employer
21 008
-
101 679
-
health
1 450
-
2 223
-
pensions

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

2 315
-
3 550
-
accident

We are using the highest rate at 1.1%.

231
-
354
-
unemployment
126
-
193
-
total
4 122
-
6 320
-
Corporate
82 870
108 000
-
-
income
8 287
10 800
-
-
total
8 287
10 800
-
-
Dividends
74 583
97 200
-
-
withholding
3 729
4 860
-
-
total
3 729
4 860
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 280
15 660
21 153
24 802
After tax
86 720
92 340
86 847
83 198
Living cost
15 866
15 866
15 866
15 866
Free-cash
70 854
76 474
70 981
67 332

Estimated living cost  is ₽15866 per week

₽10493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20048
₽37234
₽27893
₽32120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
income

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

-
-
-
27 337
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.

-
-
-
1 504
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.

-
-
-
6 303
trade
-
-
-
9 341
total
-
-
-
44 485
Employee

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

45 909
-
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.

208
-
1 504
-
income

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

3 775
-
27 337
-
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.

6 303
-
6 303
-
total
10 286
-
35 144
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 091
108 000
-
-
income
9 313
16 200
-
-
surtax

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

513
891
-
-
chamber of commerce
231
298
-
-
trade
8 911
15 498
-
-
total
18 968
32 887
-
-
Dividends
43 123
75 114
-
-
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
1 014
-
-
withholding
10 430
18 429
-
-
total
11 004
19 443
-
-
Income
108 000
108 000
108 000
108 000
Total tax
40 258
52 330
35 144
44 485
After tax
67 742
55 670
72 856
63 515
Living cost
35 622
35 622
35 622
35 622
Free-cash
32 120
20 048
37 234
27 893

Estimated living cost  is ₽35622 per week

₽24573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3833
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23041
₽17555
₽17555
₽25077
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
income
-
-
-
27 949
social contributions
-
-
-
9 937
total
-
-
-
37 886
Employee
72 173
-
108 000
-
income
13 619
-
27 949
-
social contributions
5 996
-
9 937
-
total
19 615
-
37 886
-
Employer
72 173
-
108 000
-
total
-
-
-
-
Corporate
35 827
108 000
-
-
income
4 479
13 500
-
-
total
4 479
13 500
-
-
Dividends
31 348
94 500
-
-
withholding
6 270
18 900
-
-
total
6 270
18 900
-
-
Income
108 000
108 000
108 000
108 000
Total tax
30 364
32 400
37 886
37 886
After tax
77 636
75 600
70 114
70 114
Living cost
52 559
52 559
52 559
52 559
Free-cash
25 077
23 041
17 555
17 555

Estimated living cost  is ₽52559 per week

₽39986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
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.
₽7788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31833
₽46071
₽42586
₽35055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 264
health

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

-
-
-
5 657
total
-
-
-
31 921
Employee
42 327
-
103 756
-
income
4 593
-
19 948
-
social contributions
4 241
-
4 244
-
total
8 834
-
24 192
-
Employer
42 327
-
103 756
-
social contributions
4 241
-
4 244
-
total
4 241
-
4 244
-
Corporate
61 433
108 000
-
-
income
21 502
37 799
-
-
total
21 502
37 799
-
-
Dividends
39 931
70 201
-
-
social contributions
4 875
4 875
-
-
total
4 875
4 875
-
-
Income
108 000
108 000
108 000
108 000
Total tax
39 452
42 674
28 436
31 921
After tax
68 548
65 326
79 564
76 079
Living cost
33 493
33 493
33 493
33 493
Free-cash
35 055
31 833
46 071
42 586

Estimated living cost  is ₽33493 per week

₽22062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42417
₽31522
₽41592
₽41713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 194
pensions
-
-
-
7 177
total
-
-
-
32 371
Employee
46 720
-
94 838
-
pensions
3 566
-
9 217
-
income
8 508
-
18 479
-
health
609
-
1 583
-
total
12 683
-
29 279
-
Employer
46 720
-
94 838
-
health
888
-
1 802
-
pensions
4 720
-
11 360
-
total
5 608
-
13 162
-
Corporate
55 671
108 000
-
-
income

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

10 577
20 520
-
-
total
10 577
20 520
-
-
Dividends
45 095
87 480
-
-
withholding
3 382
11 026
-
-
total
3 382
11 026
-
-
Income
108 000
108 000
108 000
108 000
Total tax
32 250
31 546
42 441
32 371
After tax
75 750
76 454
65 559
75 629
Living cost
34 037
34 037
34 037
34 037
Free-cash
41 713
42 417
31 522
41 592

Estimated living cost  is ₽34037 per week

₽23349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3130
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽13490
₽34444
₽51794
₽5337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
236
income
-
-
-
27 466
other
-
-
-
346
health
-
-
-
2 036
pensions
-
-
-
3 884
total
-
-
-
33 968
Employee
34 981
-
93 849
-
pensions
3 939
-
7 122
-
income
4 799
-
19 300
-
health
4 005
-
10 745
-
total
12 743
-
37 167
-
Employer
34 981
-
93 849
-
pensions
5 688
-
10 285
-
accident
584
-
1 567
-
unemployment
857
-
2 299
-
total
7 129
-
14 151
-
Corporate
65 891
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.

59 301
97 200
-
-
total
59 301
97 200
-
-
Dividends
6 589
10 800
-
-
withholding
1 252
2 052
-
-
total
1 252
2 052
-
-
Income
108 000
108 000
108 000
108 000
Total tax
80 425
99 252
51 318
33 968
After tax
27 575
8 748
56 682
74 032
Living cost
22 238
22 238
22 238
22 238
Free-cash
5 337
-13 490
34 444
51 794

Estimated living cost  is ₽22238 per week

₽16320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1296
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽78451
₽58344
₽48881
₽74145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
108 000
income
-
-
-
16 988
unemployment
-
-
-
1 296
work injury
-
-
-
540
health insurance
-
-
-
7 992
pensions
-
-
-
19 872
total
-
-
-
46 688
Employee

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

19 890
-
108 000
-
health insurance
1 472
-
5 446
-
unemployment
239
-
883
-
work injury
99
-
368
-
pensions
3 660
-
13 540
-
income
1 989
-
16 988
-
total
7 459
-
37 225
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
88 110
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%.

881
1 080
-
-
total
881
1 080
-
-
Dividends
87 229
106 920
-
-
withholding
13 084
16 038
-
-
total
13 084
16 038
-
-
Income
108 000
108 000
108 000
108 000
Total tax
21 424
17 118
37 225
46 688
After tax
86 576
90 882
70 775
61 312
Living cost
12 431
12 431
12 431
12 431
Free-cash
74 145
78 451
58 344
48 881

Estimated living cost  is ₽12431 per week

₽7701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20131
₽11462
₽16404
₽15933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 000
social contributions
-
-
-
27 777
regional
-
-
-
2 301
municipal
-
-
-
721
national
-
-
-
24 040
total
-
-
-
54 839
Employee
77 750
-
108 000
-
municipal
464
-
644
-
national
13 139
-
20 757
-
regional
1 174
-
1 962
-
social contributions
26 217
-
36 418
-
total
40 994
-
59 781
-
Employer
77 750
-
108 000
-
total
-
-
-
-
Corporate
30 250
108 000
-
-
municipal
1 459
5 206
-
-
nationa
7 259
25 919
-
-
total
8 718
31 125
-
-
Dividends
21 532
76 875
-
-
withholding
5 598
19 987
-
-
total
5 598
19 987
-
-
Income
108 000
108 000
108 000
108 000
Total tax
55 310
51 112
59 781
54 839
After tax
52 690
56 888
48 219
53 161
Living cost
36 757
36 757
36 757
36 757
Free-cash
15 933
20 131
11 462
16 404

Estimated living cost  is ₽36757 per week

₽25819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2528
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.
₽7853
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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