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
₽ 100500
per

Your estimated
City
free-cash

Dresden , Germany
₽20504
₽41190
₽32688
₽31574
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
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.

-
-
-
21 013
surtax

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

-
-
-
1 156
health

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

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

-
-
-
6 835
trade
-
-
-
8 502
total
-
-
-
37 506
Employee

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

38 269
-
100 500
-
surtax

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

59
-
1 156
-
income

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

1 069
-
21 013
-
health

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

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

6 835
-
6 835
-
total
7 963
-
29 004
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 231
100 500
-
-
income
9 334
15 076
-
-
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
830
-
-
chamber of commerce
241
296
-
-
trade
9 801
15 830
-
-
total
19 889
32 032
-
-
Dividends
42 342
68 469
-
-
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.

562
921
-
-
withholding
10 206
16 737
-
-
total
10 768
17 658
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 620
49 690
29 004
37 506
After tax
61 880
50 810
71 496
62 994
Living cost
30 306
30 306
30 306
30 306
Free-cash
31 574
20 504
41 190
32 688

Estimated living cost  is ₽30306 per week

₽19063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3534
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽9661
₽8541
₽7753
₽8779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
1 080
municipal
-
-
-
10 416
national
-
-
-
16 140
pensions
-
-
-
12 060
total
-
-
-
39 696
Employee
82 238
-
86 881
-
municipal
10 158
-
10 805
-
pensions
3 290
-
3 475
-
national
15 740
-
16 743
-
total
29 188
-
31 023
-
Employer
82 238
-
86 881
-
pensions
6 579
-
6 951
-
social contributions
884
-
934
-
total
7 463
-
7 885
-
Corporate
5 371
100 500
-
-
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%.

1 074
20 100
-
-
total
1 074
20 100
-
-
Dividends
4 297
80 400
-
-
withholding
945
17 688
-
-
total
945
17 688
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 670
37 788
38 908
39 696
After tax
61 830
62 712
61 592
60 804
Living cost
53 051
53 051
53 051
53 051
Free-cash
8 779
9 661
8 541
7 753

Estimated living cost  is ₽53051 per week

₽36058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4931
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽794
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽59584
₽35828
₽32830
₽51377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
14 544
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.

-
-
-
32 310
microenterprise
-
-
-
-
total
-
-
-
46 854
Employee
29 236
-
80 989
-
surtax
-
-
-
-
social contributions

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

3 216
-
8 909
-
income
5 204
-
15 438
-
total
8 420
-
24 347
-
Employer
29 236
-
80 989
-
social contributions

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

7 042
-
19 509
-
surtax
-
-
-
-
total
7 042
-
19 509
-
Corporate
64 221
100 500
-
-
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%.

12 845
20 100
-
-
total
12 845
20 100
-
-
Dividends

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

51 376
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
28 307
20 100
43 856
46 854
After tax
72 193
80 400
56 644
53 646
Living cost
20 816
20 816
20 816
20 816
Free-cash
51 377
59 584
35 828
32 830

Estimated living cost  is ₽20816 per week

₽13280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽6713
₽6743
₽15128
₽583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 722
health
-
-
-
12 013
pensions
-
-
-
11 723
total
-
-
-
43 458
Employee
85 442
85 442
85 523
-
pensions
15 380
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
13 114
11 155
11 159
-
total
42 480
36 864
36 868
-
Employer
85 442
85 442
85 523
-
health
5 939
5 939
5 943
-
pensions
5 947
5 947
5 952
-
unemployment
3 076
3 076
3 080
-
total
14 962
14 962
14 975
-
Corporate
1 144
96
-
-
income
228
19
-
-
total
228
19
-
-
Dividends
916
77
-
-
income
196
17
-
-
withholding
137
11
-
-
total
333
28
-
-
Income
100 500
100 500
100 500
100 500
Total tax
58 003
51 873
51 843
43 458
After tax
42 497
48 627
48 657
57 042
Living cost
41 914
41 914
41 914
41 914
Free-cash
583
6 713
6 743
15 128

Estimated living cost  is ₽41914 per week

₽29704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽13772
₽12567
₽11116
₽12850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
180
other
-
-
-
10 467
unemployment
-
-
-
90
health
-
-
-
5 621
municipal
-
-
-
22 187
national
-
-
-
-
pensions
-
-
-
9 738
total
-
-
-
48 283
Employee
58 565
-
76 472
-
municipal
17 464
-
22 804
-
national
-
-
-
-
total
17 464
-
22 804
-
Employer
58 565
-
76 472
-
health
3 602
-
4 703
-
pensions
6 331
-
8 267
-
accident
117
-
153
-
unemployment
1 546
-
2 019
-
other
6 805
-
8 886
-
total
18 401
-
24 028
-
Corporate
23 534
100 500
-
-
income
5 177
22 110
-
-
total
5 177
22 110
-
-
Dividends
18 356
78 390
-
-
withholding
5 507
23 517
-
-
total
5 507
23 517
-
-
Income
100 500
100 500
100 500
100 500
Total tax
46 549
45 627
46 832
48 283
After tax
53 951
54 873
53 668
52 217
Living cost
41 101
41 101
41 101
41 101
Free-cash
12 850
13 772
12 567
11 116

Estimated living cost  is ₽41101 per week

₽27240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽10989
₽32191
₽23311
₽25052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
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.

-
-
-
21 013
surtax

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

-
-
-
1 156
health

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

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

-
-
-
6 835
trade
-
-
-
8 880
total
-
-
-
37 884
Employee

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

50 740
-
100 500
-
surtax

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

239
-
1 156
-
income

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

4 359
-
21 013
-
health

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

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

6 835
-
6 835
-
total
11 433
-
29 004
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 760
100 500
-
-
income
7 464
15 076
-
-
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.

410
830
-
-
chamber of commerce
222
294
-
-
trade
8 185
16 532
-
-
total
16 281
32 732
-
-
Dividends
33 479
67 768
-
-
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.

439
911
-
-
withholding
7 990
16 563
-
-
total
8 429
17 474
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 143
50 206
29 004
37 884
After tax
64 357
50 294
71 496
62 616
Living cost
39 305
39 305
39 305
39 305
Free-cash
25 052
10 989
32 191
23 311

Estimated living cost  is ₽39305 per week

₽26288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8286
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽41111
₽38680
₽38780
₽36960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
11 026
social contributions
-
-
-
15 678
health
-
-
-
2 563
total
-
-
-
29 267
Employee
76 937
76 937
91 240
-
social contributions
3 739
6 385
7 572
-
income
8 079
7 122
10 984
-
health
765
1 308
1 551
-
total
12 583
14 815
20 107
-
Employer
76 937
76 937
91 240
-
health
834
1 424
1 688
-
social contributions
3 739
6 385
7 572
-
total
4 573
7 809
9 260
-
Corporate
50 892
15 754
-
-
income
6 361
1 969
-
-
total
6 361
1 969
-
-
Dividends
44 532
13 785
-
-
withholding
7 570
2 343
-
-
total
7 570
2 343
-
-
Income
100 500
100 500
100 500
100 500
Total tax
31 087
26 936
29 367
29 267
After tax
69 413
73 564
71 133
71 233
Living cost
32 453
32 453
32 453
32 453
Free-cash
36 960
41 111
38 680
38 780

Estimated living cost  is ₽32453 per week

₽22185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽38248
₽39889
₽51251
₽38630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 286
unemployment
-
-
-
1 507
health
-
-
-
7 035
pensions
-
-
-
10 050
total
-
-
-
30 878
Employee

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
84 100
-
unemployment
398
158
1 262
-
pensions
2 652
1 055
8 410
-
income
3 242
1 290
10 281
-
health
1 856
739
5 887
-
total
8 148
3 242
25 840
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 520
10 554
84 100
-
pensions
5 171
2 058
16 400
-
total
5 171
2 058
16 400
-
Corporate
68 809
87 887
-
-
income
6 193
7 910
-
-
total
6 193
7 910
-
-
Dividends
62 616
79 978
-
-
social contributions
12 090
15 475
-
-
withholding
11 897
15 196
-
-
total
23 987
30 671
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 499
43 881
42 240
30 878
After tax
57 001
56 619
58 260
69 622
Living cost
18 371
18 371
18 371
18 371
Free-cash
38 630
38 248
39 889
51 251

Estimated living cost  is ₽18371 per week

₽12537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽367
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽56233
₽33759
₽29700
₽50016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
13 468
health
-
-
-
13 065
pensions
-
-
-
20 100
total
-
-
-
46 633
Employee
28 384
-
75 112
-
unemployment
454
-
1 202
-
pensions
568
-
1 502
-
income
3 196
-
14 482
-
total
4 218
-
17 186
-
Employer
28 384
-
75 112
-
health
3 689
-
9 765
-
pensions
5 677
-
15 023
-
unemployment
228
-
600
-
total
9 594
-
25 388
-
Corporate
62 522
100 500
-
-
income
12 505
20 100
-
-
total
12 505
20 100
-
-
Dividends
50 017
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
26 317
20 100
42 574
46 633
After tax
74 183
80 400
57 926
53 867
Living cost
24 167
24 167
24 167
24 167
Free-cash
50 016
56 233
33 759
29 700

Estimated living cost  is ₽24167 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽14161
₽29545
₽46681
₽4720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
256
income
-
-
-
24 456
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
31 517
Employee
35 083
-
85 797
-
pensions
3 950
-
7 734
-
income
4 813
-
16 392
-
health
4 017
-
9 823
-
total
12 780
-
33 949
-
Employer
35 083
-
85 797
-
pensions
5 705
-
11 169
-
accident
586
-
1 433
-
unemployment
859
-
2 102
-
total
7 150
-
14 704
-
Corporate
58 268
100 500
-
-
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.

52 441
90 450
-
-
total
52 441
90 450
-
-
Dividends
5 827
10 050
-
-
withholding
1 107
1 909
-
-
total
1 107
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 478
92 359
48 653
31 517
After tax
27 022
8 141
51 847
68 983
Living cost
22 302
22 302
22 302
22 302
Free-cash
4 720
-14 161
29 545
46 681

Estimated living cost  is ₽22302 per week

₽16346
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽87410
₽72335
₽91430
₽85898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 500
microenterprise

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

-
-
-
1 005
total
-
-
-
1 005
Employee
10 081
-
100 500
-
income
2 016
-
20 100
-
total
2 016
-
20 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

90 419
100 500
-
-
total
-
-
-
-
Dividends
90 419
100 500
-
-
withholding
4 521
5 025
-
-
total
4 521
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
6 537
5 025
20 100
1 005
After tax
93 963
95 475
80 400
99 495
Living cost
8 065
8 065
8 065
8 065
Free-cash
85 898
87 410
72 335
91 430

Estimated living cost  is ₽8065 per week

₽4998
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽222
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽47178
₽32118
₽27761
₽40419
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 765
other
-
-
-
4 773
health
-
-
-
4 422
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.

-
-
-
24 119
total
-
-
-
46 079
Employee
36 329
-
80 271
-
unemployment
363
-
803
-
pensions

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

2 542
-
5 618
-
income
6 254
-
13 948
-
health
509
-
1 124
-
total
9 668
-
21 493
-
Employer
36 329
-
80 271
-
health
509
-
1 124
-
pensions

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

6 177
-
13 646
-
accident
291
-
642
-
unemployment
363
-
803
-
other
1 817
-
4 014
-
total
9 157
-
20 229
-
Corporate
55 016
100 500
-
-
income
11 554
21 104
-
-
total
11 554
21 104
-
-
Dividends
43 462
79 396
-
-
withholding
3 042
5 558
-
-
total
3 042
5 558
-
-
Income
100 500
100 500
100 500
100 500
Total tax
33 421
26 662
41 722
46 079
After tax
67 079
73 838
58 778
54 421
Living cost
26 660
26 660
26 660
26 660
Free-cash
40 419
47 178
32 118
27 761

Estimated living cost  is ₽26660 per week

₽18837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1800
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽7459
-₽3422
₽5920
-₽6205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
20 863
pensions
-
-
-
7 389
total
-
-
-
28 252
Employee
93 844
-
88 478
-
pensions
9 053
-
8 409
-
income
16 916
-
15 726
-
health
1 546
-
1 437
-
total
27 515
-
25 572
-
Employer
93 844
-
88 478
-
health
1 782
-
1 682
-
pensions
11 080
-
10 340
-
total
12 862
-
12 022
-
Corporate
-
100 500
-
-
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.

-
19 094
-
-
total
-
19 094
-
-
Dividends
-
81 406
-
-
withholding
-
7 619
-
-
total
-
7 619
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 377
26 713
37 594
28 252
After tax
60 123
73 787
62 906
72 248
Living cost
66 328
66 328
66 328
66 328
Free-cash
-6 205
7 459
-3 422
5 920

Estimated living cost  is ₽66328 per week

₽49701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽72815
₽66108
₽62983
₽68168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 075
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
24 404
Employee
17 364
-
93 646
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
pensions

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

1 525
-
3 068
-
income
1 736
-
9 365
-
health
799
-
1 607
-
total
4 251
-
14 424
-
Employer
17 364
-
93 646
-
health
1 198
-
2 411
-
pensions

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

1 914
-
3 850
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
unemployment
104
-
210
-
total
3 407
-
6 855
-
Corporate
79 729
100 500
-
-
income
7 973
10 050
-
-
total
7 973
10 050
-
-
Dividends
71 756
90 450
-
-
withholding
3 588
4 522
-
-
total
3 588
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 219
14 572
21 279
24 404
After tax
81 281
85 928
79 221
76 096
Living cost
13 113
13 113
13 113
13 113
Free-cash
68 168
72 815
66 108
62 983

Estimated living cost  is ₽13113 per week

₽7656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽6855
-₽6825
₽1560
-₽8506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 722
health
-
-
-
12 013
pensions
-
-
-
11 723
total
-
-
-
43 458
Employee
92 763
85 442
85 523
-
pensions
11 723
11 723
11 723
-
income

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

13 986
13 986
13 986
-
health
11 573
11 155
11 159
-
total
37 282
36 864
36 868
-
Employer
92 763
85 442
85 523
-
health
6 446
5 939
5 943
-
pensions
6 456
5 947
5 952
-
unemployment
3 340
3 076
3 080
-
total
16 242
14 962
14 975
-
Corporate
-
96
-
-
income
-
19
-
-
total
-
19
-
-
Dividends
-
77
-
-
income
-
17
-
-
withholding
-
11
-
-
total
-
28
-
-
Income
100 500
100 500
100 500
100 500
Total tax
53 524
51 873
51 843
43 458
After tax
46 976
48 627
48 657
57 042
Living cost
55 482
55 482
55 482
55 482
Free-cash
-8 506
-6 855
-6 825
1 560

Estimated living cost  is ₽55482 per week

₽40927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽44334
₽26140
₽24089
₽35465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
8 638
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
health
-
-
-
13 567
total
-
-
-
51 551
Employee
36 559
-
75 000
-
solidarity contribution
-
-
-
-
social contributions
2 376
-
4 875
-
income
4 387
-
9 000
-
health
4 936
-
10 125
-
total
11 699
-
24 000
-
Employer
36 559
-
75 000
-
health
3 290
-
6 750
-
social contributions
9 140
-
18 750
-
total
12 430
-
25 500
-
Corporate
51 511
100 500
-
-
income
9 787
19 095
-
-
total
9 787
19 095
-
-
Dividends
41 724
81 405
-
-
withholding
6 259
12 211
-
-
total
6 259
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 175
31 306
49 500
51 551
After tax
60 325
69 194
51 000
48 949
Living cost
24 860
24 860
24 860
24 860
Free-cash
35 465
44 334
26 140
24 089

Estimated living cost  is ₽24860 per week

₽17268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽11404
₽4562
₽9343
₽6178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
1 111
municipal
-
-
-
598
national
-
-
-
21 380
total
-
-
-
48 938
Employee
88 922
-
100 500
-
municipal
471
-
534
-
national
15 408
-
18 325
-
regional
839
-
972
-
social contributions
29 985
-
33 888
-
total
46 703
-
53 719
-
Employer
88 922
-
100 500
-
total
-
-
-
-
Corporate
11 578
100 500
-
-
municipal
452
3 919
-
-
nationa
2 778
24 119
-
-
total
3 230
28 038
-
-
Dividends
8 348
72 462
-
-
withholding
2 170
18 839
-
-
total
2 170
18 839
-
-
Income
100 500
100 500
100 500
100 500
Total tax
52 103
46 877
53 719
48 938
After tax
48 397
53 623
46 781
51 562
Living cost
42 219
42 219
42 219
42 219
Free-cash
6 178
11 404
4 562
9 343

Estimated living cost  is ₽42219 per week

₽29430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽41136
₽27632
₽29580
₽38022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 050
other
-
-
-
-
surtax
-
-
-
2 328
unemployment
-
-
-
228
health
-
-
-
7 135
pensions
-
-
-
20 100
total
-
-
-
48 841
Employee
33 087
-
83 024
-
other
-
-
-
-
unemployment
2 303
-
5 778
-
pensions
2 206
-
5 539
-
surtax
108
-
2 104
-
income
5 546
-
17 774
-
health
845
-
2 117
-
total
11 008
-
33 312
-
Employer
33 087
-
83 024
-
health
1 506
-
3 777
-
pensions
4 411
-
11 068
-
unemployment
1 048
-
2 632
-
other
-
-
-
-
total
6 965
-
17 477
-
Corporate
60 448
100 500
-
-
income
15 716
26 130
-
-
total
15 716
26 130
-
-
Dividends
44 732
74 370
-
-
withholding
6 710
11 155
-
-
total
6 710
11 155
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 399
37 285
50 789
48 841
After tax
60 101
63 215
49 711
51 659
Living cost
22 079
22 079
22 079
22 079
Free-cash
38 022
41 136
27 632
29 580

Estimated living cost  is ₽22079 per week

₽13500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2037
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽28474
₽17593
₽26935
₽22184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
20 863
pensions
-
-
-
7 389
total
-
-
-
28 252
Employee
62 892
-
88 478
-
pensions
5 338
-
8 409
-
income
11 327
-
15 726
-
health
913
-
1 437
-
total
17 578
-
25 572
-
Employer
62 892
-
88 478
-
health
1 195
-
1 682
-
pensions
6 808
-
10 340
-
total
8 003
-
12 022
-
Corporate
29 606
100 500
-
-
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.

5 624
19 094
-
-
total
5 624
19 094
-
-
Dividends
23 981
81 406
-
-
withholding
1 798
7 619
-
-
total
1 798
7 619
-
-
Income
100 500
100 500
100 500
100 500
Total tax
33 003
26 713
37 594
28 252
After tax
67 497
73 787
62 906
72 248
Living cost
45 313
45 313
45 313
45 313
Free-cash
22 184
28 474
17 593
26 935

Estimated living cost  is ₽45313 per week

₽33948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽33289
-₽327
₽4763
-₽1073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
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.

-
-
-
2 011
regional
-
-
-
3 352
health
-
-
-
258
city
-
-
-
1 058
national
-
-
-
568
pensions
-
-
-
9 244
total
-
-
-
16 491
Employee
92 738
-
89 955
-
unemployment
-
-
-
-
pensions
7 791
-
7 555
-
national
439
-
417
-
regional
3 037
-
2 886
-
city
995
-
967
-
health
210
-
201
-
total
12 472
-
12 026
-
Employer
92 738
-
89 955
-
health
210
-
201
-
pensions
7 791
-
7 555
-
unemployment
-
-
-
-
other

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

1 854
-
1 799
-
total
9 855
-
9 555
-
Corporate
-
100 500
-
-
regional
-
21 255
-
-
national
-
8 542
-
-
total
-
29 797
-
-
Dividends
-
70 703
-
-
withholding
-
24 746
-
-
total
-
24 746
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 327
54 543
21 581
16 491
After tax
78 173
45 957
78 919
84 009
Living cost
79 246
79 246
79 246
79 246
Free-cash
-1 073
-33 289
-327
4 763

Estimated living cost  is ₽79246 per week

₽51533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽973
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

Source of data for Zurich model

Close
Munich , Germany
₽3942
₽25661
₽16403
₽20172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
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.

-
-
-
21 013
surtax

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

-
-
-
1 156
health

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

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

-
-
-
6 835
trade
-
-
-
9 258
total
-
-
-
38 262
Employee

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

60 131
-
100 500
-
surtax

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

389
-
1 156
-
income

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

7 071
-
21 013
-
health

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

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

6 835
-
6 835
-
total
14 295
-
29 004
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 369
100 500
-
-
income
6 055
15 076
-
-
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.

332
830
-
-
chamber of commerce
209
292
-
-
trade
6 923
17 237
-
-
total
13 519
33 435
-
-
Dividends
26 850
67 065
-
-
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.

347
902
-
-
withholding
6 332
16 386
-
-
total
6 679
17 288
-
-
Income
100 500
100 500
100 500
100 500
Total tax
34 493
50 723
29 004
38 262
After tax
66 007
49 777
71 496
62 238
Living cost
45 835
45 835
45 835
45 835
Free-cash
20 172
3 942
25 661
16 403

Estimated living cost  is ₽45835 per week

₽33476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽16419
₽29194
₽23627
₽22330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 634
other
-
-
-
3 120
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
1 885
pensions
-
-
-
25 139
total
-
-
-
42 641
Employee
42 822
-
81 596
-
pensions
4 842
-
3 864
-
surtax
-
-
-
-
social contributions
1 221
-
2 324
-
income
2 527
-
11 980
-
total
8 590
-
18 168
-
Employer
42 822
-
81 596
-
health
2 998
-
5 711
-
pensions
7 035
-
6 830
-
unemployment
1 734
-
3 304
-
social contributions
129
-
245
-
other
1 477
-
2 816
-
total
13 373
-
18 906
-
Corporate
44 306
100 500
-
-
income
12 406
28 141
-
-
surtax
-
-
-
-
total
12 406
28 141
-
-
Dividends
31 899
72 359
-
-
surtax
-
-
-
-
social contributions
5 487
12 446
-
-
withholding
4 082
9 262
-
-
total
9 569
21 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 938
49 849
37 074
42 641
After tax
56 562
50 651
63 426
57 859
Living cost
34 232
34 232
34 232
34 232
Free-cash
22 330
16 419
29 194
23 627

Estimated living cost  is ₽34232 per week

₽21585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽19811
₽32586
₽27019
₽25373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 634
other
-
-
-
3 120
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
1 885
pensions
-
-
-
25 139
total
-
-
-
42 641
Employee
38 224
-
81 596
-
pensions
4 323
-
3 864
-
surtax
-
-
-
-
social contributions
1 090
-
2 324
-
income
1 971
-
11 980
-
total
7 384
-
18 168
-
Employer
38 224
-
81 596
-
health
2 675
-
5 711
-
pensions
6 281
-
6 830
-
unemployment
1 547
-
3 304
-
social contributions
114
-
245
-
other
1 320
-
2 816
-
total
11 937
-
18 906
-
Corporate
50 338
100 500
-
-
income
14 094
28 141
-
-
surtax
-
-
-
-
total
14 094
28 141
-
-
Dividends
36 244
72 359
-
-
surtax
-
-
-
-
social contributions
6 233
12 446
-
-
withholding
4 639
9 262
-
-
total
10 872
21 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 287
49 849
37 074
42 641
After tax
56 213
50 651
63 426
57 859
Living cost
30 840
30 840
30 840
30 840
Free-cash
25 373
19 811
32 586
27 019

Estimated living cost  is ₽30840 per week

₽17886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽40096
₽43478
₽43324
₽40617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 076
social contributions
-
-
-
13 868
health
-
-
-
7 016
total
-
-
-
35 960
Employee
33 924
-
100 500
-
social contributions
4 682
-
13 868
-
income
5 658
-
14 922
-
health
2 368
-
7 016
-
total
12 708
-
35 806
-
Employer
33 924
-
100 500
-
total
-
-
-
-
Corporate
66 576
100 500
-
-
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%.

3 328
5 026
-
-
total
3 328
5 026
-
-
Dividends
63 247
95 474
-
-
social contributions
8 728
13 175
-
-
withholding
9 488
14 322
-
-
health
4 415
6 665
-
-
total
22 631
34 162
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 667
39 188
35 806
35 960
After tax
61 833
61 312
64 694
64 540
Living cost
21 216
21 216
21 216
21 216
Free-cash
40 617
40 096
43 478
43 324

Estimated living cost  is ₽21216 per week

₽14199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽21075
-₽4820
₽15595
₽19530
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
16 633
surtax
-
-
-
197
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
403
health
-
-
-
7 688
pensions
-
-
-
18 592
total
-
-
-
49 650
Employee
50 003
39 873
77 884
-
other
499
399
778
-
unemployment
1 500
1 196
2 337
-
pensions
5 121
4 082
7 975
-
income
5 692
2 941
14 825
-
health
1 935
1 544
3 013
-
total
14 747
10 162
28 928
-
Employer
50 003
39 873
77 884
-
chamber of commerce
199
159
311
-
health
1 889
1 508
2 945
-
pensions
6 275
5 005
9 775
-
accident
649
518
1 012
-
unemployment
1 500
1 196
2 337
-
surtax
197
197
197
-
payroll
1 500
1 196
2 337
-
other
2 375
1 893
3 701
-
total
14 584
11 672
22 615
-
Corporate
35 911
48 954
74 087
-
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.

8 977
12 239
18 522
-
total
8 977
12 239
18 522
-
Dividends
26 934
36 714
-
-
withholding
7 407
10 097
-
-
total
7 407
10 097
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 715
44 170
70 065
49 650
After tax
54 785
56 330
30 435
50 850
Living cost
35 255
35 255
35 255
35 255
Free-cash
19 530
21 075
-4 820
15 595

Estimated living cost  is ₽35255 per week

₽23514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽19881
₽2674
₽10667
₽4877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
communal

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

-
-
-
5 089
social contributions
-
-
-
15 702
national
-
-
-
32 561
total
-
-
-
53 352
Employee

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

71 569
-
77 839
-
unemployment

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

623
-
678
-
communal

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

3 733
-
4 059
-
pensions

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

5 368
-
5 839
-
national
22 003
-
24 455
-
health

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

3 363
-
3 657
-
total
35 090
-
38 688
-
Employer

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

71 569
-
77 839
-
health

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

4 401
-
4 787
-
pensions

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

6 342
-
6 896
-
accident

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

930
-
1 012
-
unemployment

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

1 044
-
1 137
-
surtax
8 115
-
8 825
-
total
20 832
-
22 657
-
Corporate
8 098
100 500
-
-
income
1 620
20 100
-
-
surtax
32
403
-
-
total
1 652
20 503
-
-
Dividends
6 446
79 998
-
-
withholding

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

1 568
23 635
-
-
total
1 568
23 635
-
-
Income
100 500
100 500
100 500
100 500
Total tax
59 142
44 138
61 345
53 352
After tax
41 358
56 362
39 155
47 148
Living cost
36 481
36 481
36 481
36 481
Free-cash
4 877
19 881
2 674
10 667

Estimated living cost  is ₽36481 per week

₽23499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3190
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽31579
₽16991
₽17815
₽23610
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
835
income
-
-
-
18 730
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
46 551
Employee
49 805
-
76 206
-
other
49
-
76
-
unemployment
773
-
1 181
-
pensions
2 341
-
3 581
-
income
10 508
-
18 244
-
total
13 671
-
23 082
-
Employer
49 805
-
76 206
-
pensions
11 753
-
17 985
-
accident
985
-
1 509
-
unemployment
2 740
-
4 190
-
other
397
-
609
-
total
15 875
-
24 293
-
Corporate
34 820
100 500
-
-
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.

5 223
15 076
-
-
total
5 223
15 076
-
-
Dividends
29 597
85 424
-
-
withholding
5 987
17 711
-
-
total
5 987
17 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 756
32 787
47 375
46 551
After tax
59 744
67 713
53 125
53 949
Living cost
36 134
36 134
36 134
36 134
Free-cash
23 610
31 579
16 991
17 815

Estimated living cost  is ₽36134 per week

₽26609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽7126
₽7595
₽3097
₽285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
communal
-
-
-
6 351
accident
-
-
-
847
income
-
-
-
8 724
surtax
-
-
-
4 982
health
-
-
-
7 061
pensions
-
-
-
15 064
total
-
-
-
43 029
Employee
75 770
-
89 772
-
pensions
6 061
-
7 181
-
surtax
4 644
-
5 502
-
income
7 319
-
11 125
-
health
3 372
-
3 995
-
total
21 396
-
27 803
-
Employer
75 770
-
89 772
-
health
2 311
-
2 738
-
pensions
6 061
-
7 181
-
accident
682
-
809
-
total
9 054
-
10 728
-
Corporate
15 677
100 500
-
-
communal
-
6 784
-
-
income
2 351
15 076
-
-
surtax
165
1 056
-
-
total
2 516
22 916
-
-
Dividends
13 161
77 584
-
-
income
10 900
4 447
-
-
withholding
1 975
11 637
-
-
total
12 875
16 084
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 841
39 000
38 531
43 029
After tax
54 659
61 500
61 969
57 471
Living cost
54 374
54 374
54 374
54 374
Free-cash
285
7 126
7 595
3 097

Estimated living cost  is ₽54374 per week

₽40788
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽40742
₽27238
₽29186
₽37558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 050
other
-
-
-
-
surtax
-
-
-
2 328
unemployment
-
-
-
228
health
-
-
-
7 135
pensions
-
-
-
20 100
total
-
-
-
48 841
Employee
33 695
-
83 024
-
other
-
-
-
-
unemployment
2 345
-
5 778
-
pensions
2 248
-
5 539
-
surtax
120
-
2 104
-
income
5 649
-
17 774
-
health
860
-
2 117
-
total
11 222
-
33 312
-
Employer
33 695
-
83 024
-
health
1 532
-
3 777
-
pensions
4 492
-
11 068
-
unemployment
1 069
-
2 632
-
other
-
-
-
-
total
7 093
-
17 477
-
Corporate
59 712
100 500
-
-
income
15 526
26 130
-
-
total
15 526
26 130
-
-
Dividends
44 186
74 370
-
-
withholding
6 628
11 155
-
-
total
6 628
11 155
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 469
37 285
50 789
48 841
After tax
60 031
63 215
49 711
51 659
Living cost
22 473
22 473
22 473
22 473
Free-cash
37 558
40 742
27 238
29 186

Estimated living cost  is ₽22473 per week

₽13568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1954
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽25873
₽19448
₽24205
₽23650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
1 516
municipal
-
-
-
598
national
-
-
-
21 380
total
-
-
-
49 343
Employee
55 502
-
100 500
-
municipal
294
-
534
-
national
8 793
-
18 325
-
regional
747
-
1 353
-
social contributions
18 716
-
33 888
-
total
28 550
-
54 100
-
Employer
55 502
-
100 500
-
total
-
-
-
-
Corporate
44 998
100 500
-
-
municipal
2 237
4 996
-
-
nationa
10 800
24 119
-
-
total
13 037
29 115
-
-
Dividends
31 962
71 385
-
-
withholding
8 311
18 560
-
-
total
8 311
18 560
-
-
Income
100 500
100 500
100 500
100 500
Total tax
49 898
47 675
54 100
49 343
After tax
50 602
52 825
46 400
51 157
Living cost
26 952
26 952
26 952
26 952
Free-cash
23 650
25 873
19 448
24 205

Estimated living cost  is ₽26952 per week

₽16762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽38560
₽20366
₽18315
₽27631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
8 638
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
health
-
-
-
13 567
total
-
-
-
51 551
Employee
45 050
-
75 000
-
solidarity contribution
-
-
-
-
social contributions
2 928
-
4 875
-
income
5 406
-
9 000
-
health
6 082
-
10 125
-
total
14 416
-
24 000
-
Employer
45 050
-
75 000
-
health
4 055
-
6 750
-
social contributions
11 263
-
18 750
-
total
15 318
-
25 500
-
Corporate
40 132
100 500
-
-
income
7 625
19 095
-
-
total
7 625
19 095
-
-
Dividends
32 507
81 405
-
-
withholding
4 876
12 211
-
-
total
4 876
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
42 235
31 306
49 500
51 551
After tax
58 265
69 194
51 000
48 949
Living cost
30 634
30 634
30 634
30 634
Free-cash
27 631
38 560
20 366
18 315

Estimated living cost  is ₽30634 per week

₽22782
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽24516
-₽1455
₽19126
₽24019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
16 633
surtax
-
-
-
-
unemployment
-
-
-
6 137
chamber of commerce
-
-
-
403
health
-
-
-
7 688
pensions
-
-
-
18 592
total
-
-
-
49 453
Employee
43 737
39 873
78 042
-
other
437
399
780
-
unemployment
1 312
1 196
2 341
-
pensions
4 479
4 082
7 992
-
income
3 896
2 941
14 880
-
health
1 692
1 544
3 021
-
total
11 816
10 162
29 014
-
Employer
43 737
39 873
78 042
-
chamber of commerce
175
159
311
-
health
1 654
1 508
2 951
-
pensions
5 489
5 005
9 794
-
accident
568
518
1 014
-
unemployment
1 312
1 196
2 341
-
surtax
-
-
-
-
payroll
1 312
1 196
2 341
-
other
2 077
1 893
3 706
-
total
12 587
11 475
22 458
-
Corporate
44 177
49 151
74 245
-
income

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

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

11 045
12 289
18 562
-
total
11 045
12 289
18 562
-
Dividends
33 132
36 863
-
-
withholding
9 112
10 137
-
-
total
9 112
10 137
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 560
44 063
70 034
49 453
After tax
55 940
56 437
30 466
51 047
Living cost
31 921
31 921
31 921
31 921
Free-cash
24 019
24 516
-1 455
19 126

Estimated living cost  is ₽31921 per week

₽19149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8943
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽82907
₽67832
₽86927
₽80551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
100 500
microenterprise

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

-
-
-
1 005
total
-
-
-
1 005
Employee
15 710
-
100 500
-
income
3 142
-
20 100
-
total
3 142
-
20 100
-
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%.

84 790
100 500
-
-
total
-
-
-
-
Dividends
84 790
100 500
-
-
withholding
4 239
5 025
-
-
total
4 239
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
7 381
5 025
20 100
1 005
After tax
93 119
95 475
80 400
99 495
Living cost
12 568
12 568
12 568
12 568
Free-cash
80 551
82 907
67 832
86 927

Estimated living cost  is ₽12568 per week

₽8505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽528
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽42357
₽22261
₽25141
₽33987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
20 130
unemployment
-
-
-
150
health
-
-
-
9 889
pensions
-
-
-
18 353
total
-
-
-
48 522
Employee

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

44 244
-
86 960
-
unemployment
63
-
122
-
pensions
6 858
-
13 479
-
income
7 630
-
18 645
-
health
2 858
-
5 618
-
total
17 409
-
37 864
-
Employer

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

44 244
-
86 960
-
health
2 947
-
5 791
-
pensions
3 915
-
7 696
-
unemployment
27
-
51
-
total
6 889
-
13 538
-
Corporate
49 367
100 500
-
-
income
9 380
19 095
-
-
total
9 380
19 095
-
-
Dividends
39 988
81 405
-
-
withholding
5 998
12 211
-
-
total
5 998
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 676
31 306
51 402
48 522
After tax
60 824
69 194
49 098
51 978
Living cost
26 837
26 837
26 837
26 837
Free-cash
33 987
42 357
22 261
25 141

Estimated living cost  is ₽26837 per week

₽18418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽17333
₽43332
₽25642
-₽50892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 590
social contributions
-
-
-
11 457
total
-
-
-
31 047
Employee
62 818
-
-
-
social contributions
5 151
-
734
-
income
13 856
-
-
-
total
19 007
-
734
-
Employer
62 818
-
-
-
social contributions
88 574
-
12 623
-
total
88 574
-
12 623
-
Corporate
-
100 500
-
-
income
-
22 110
-
-
total
-
22 110
-
-
Dividends
-
78 390
-
-
income
-
17 246
-
-
total
-
17 246
-
-
Income
100 500
100 500
100 500
100 500
Total tax
107 581
39 356
13 357
31 047
After tax
-7 081
61 144
87 143
69 453
Living cost
43 811
43 811
43 811
43 811
Free-cash
-50 892
17 333
43 332
25 642

Estimated living cost  is ₽43811 per week

₽28426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽25782
₽19681
₽24798
₽24773
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
9 395
surtax
-
-
-
-
social contributions

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

-
-
-
34 923
total
-
-
-
44 318
Employee
46 017
-
81 213
-
surtax
-
-
-
-
social contributions
5 062
-
8 933
-
income
9 572
-
21 215
-
total
14 634
-
30 148
-
Employer
46 017
-
81 213
-
social contributions
10 929
-
19 287
-
total
10 929
-
19 287
-
Corporate
43 554
100 500
-
-
income
9 146
21 104
-
-
surtax
-
-
-
-
total
9 146
21 104
-
-
Dividends
34 408
79 396
-
-
withholding
9 634
22 230
-
-
total
9 634
22 230
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 343
43 334
49 435
44 318
After tax
56 157
57 166
51 065
56 182
Living cost
31 384
31 384
31 384
31 384
Free-cash
24 773
25 782
19 681
24 798

Estimated living cost  is ₽31384 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽2326
₽15101
₽9534
₽9205
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 634
other
-
-
-
3 120
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
1 885
pensions
-
-
-
25 139
total
-
-
-
42 641
Employee
62 666
-
81 596
-
pensions
7 088
-
3 864
-
surtax
-
-
-
-
social contributions
1 785
-
2 324
-
income
5 468
-
11 980
-
total
14 341
-
18 168
-
Employer
62 666
-
81 596
-
health
4 386
-
5 711
-
pensions
10 297
-
6 830
-
unemployment
2 539
-
3 304
-
social contributions
188
-
245
-
other
2 163
-
2 816
-
total
19 573
-
18 906
-
Corporate
18 262
100 500
-
-
income
5 113
28 141
-
-
surtax
-
-
-
-
total
5 113
28 141
-
-
Dividends
13 149
72 359
-
-
surtax
-
-
-
-
social contributions
2 261
12 446
-
-
withholding
1 682
9 262
-
-
total
3 943
21 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
42 970
49 849
37 074
42 641
After tax
57 530
50 651
63 426
57 859
Living cost
48 325
48 325
48 325
48 325
Free-cash
9 205
2 326
15 101
9 534

Estimated living cost  is ₽48325 per week

₽32705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11003
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽60374
₽49221
₽46549
₽57014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
1 764
social contributions
-
-
-
22 111
total
-
-
-
23 875
Employee
32 166
-
87 013
-
income
-
-
2 060
-
social contributions
2 090
-
5 656
-
total
2 090
-
7 716
-
Employer
32 166
-
87 013
-
social contributions
4 986
-
13 487
-
total
4 986
-
13 487
-
Corporate
63 348
100 500
-
-
income
6 334
10 050
-
-
total
6 334
10 050
-
-
Dividends
57 013
90 450
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
13 410
10 050
21 203
23 875
After tax
87 090
90 450
79 297
76 625
Living cost
30 076
30 076
30 076
30 076
Free-cash
57 014
60 374
49 221
46 549

Estimated living cost  is ₽30076 per week

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

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽117383
-₽117383
₽14147
-₽117383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
labour market
-
-
-
7 971
municipal
-
-
-
18 688
national
-
-
-
10 666
pensions
-
-
-
867
total
-
-
-
38 192
Employee
203 277
203 277
203 277
-
municipal
43 287
43 287
43 287
-
labour market
16 239
16 239
16 239
-
pensions
289
289
289
-
national
24 834
24 834
24 834
-
total
84 649
84 649
84 649
-
Employer
203 277
203 277
203 277
-
national
24 877
24 877
24 877
-
labour market
16 262
16 262
16 262
-
pensions
578
578
578
-
municipal
43 356
43 356
43 356
-
total
85 073
85 073
85 073
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
169 722
169 722
169 722
38 192
After tax
-69 222
-69 222
-69 222
62 308
Living cost
48 161
48 161
48 161
48 161
Free-cash
-117 383
-117 383
-117 383
14 147

Estimated living cost  is ₽48161 per week

₽32962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4260
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽13832
₽29874
₽47010
₽4771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
256
income
-
-
-
24 456
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
31 517
Employee
34 565
-
85 797
-
pensions
3 892
-
7 734
-
income
4 742
-
16 392
-
health
3 958
-
9 823
-
total
12 592
-
33 949
-
Employer
34 565
-
85 797
-
pensions
5 620
-
11 169
-
accident
577
-
1 433
-
unemployment
847
-
2 102
-
total
7 044
-
14 704
-
Corporate
58 890
100 500
-
-
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.

53 001
90 450
-
-
total
53 001
90 450
-
-
Dividends
5 889
10 050
-
-
withholding
1 119
1 909
-
-
total
1 119
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 756
92 359
48 653
31 517
After tax
26 744
8 141
51 847
68 983
Living cost
21 973
21 973
21 973
21 973
Free-cash
4 771
-13 832
29 874
47 010

Estimated living cost  is ₽21973 per week

₽15994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4314
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽28376
₽18883
₽32901
₽26245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
100 500
health
-
-
-
1 130
municipal
-
-
-
17 886
national
-
-
-
10 169
total
-
-
-
29 185
Employee
52 641
-
84 545
-
municipal
8 622
-
13 804
-
unemployment
790
-
1 268
-
pensions
3 553
-
5 708
-
national
870
-
5 584
-
health
393
-
885
-
total
14 228
-
27 249
-
Employer
52 641
-
84 545
-
health
404
-
651
-
pensions
9 133
-
14 669
-
accident
53
-
85
-
unemployment
342
-
549
-
total
9 932
-
15 954
-
Corporate
37 927
100 500
-
-
income
7 585
20 100
-
-
total
7 585
20 100
-
-
Dividends

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

22 756
60 300
-
-
municipal
4 096
10 853
-
-
national
-
2 757
-
-
total
4 096
13 610
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 841
33 710
43 203
29 185
After tax
64 659
66 790
57 297
71 315
Living cost
38 414
38 414
38 414
38 414
Free-cash
26 245
28 376
18 883
32 901

Estimated living cost  is ₽38414 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽50399
₽47968
₽48068
₽44953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
11 026
social contributions
-
-
-
15 678
health
-
-
-
2 563
total
-
-
-
29 267
Employee
76 937
76 937
91 240
-
social contributions
2 909
6 385
7 572
-
income
8 377
7 122
10 984
-
health
596
1 308
1 551
-
total
11 882
14 815
20 107
-
Employer
76 937
76 937
91 240
-
health
647
1 424
1 688
-
social contributions
2 909
6 385
7 572
-
total
3 556
7 809
9 260
-
Corporate
61 896
15 754
-
-
income
7 737
1 969
-
-
total
7 737
1 969
-
-
Dividends
54 159
13 785
-
-
withholding
9 207
2 343
-
-
total
9 207
2 343
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 382
26 936
29 367
29 267
After tax
68 118
73 564
71 133
71 233
Living cost
23 165
23 165
23 165
23 165
Free-cash
44 953
50 399
47 968
48 068

Estimated living cost  is ₽23165 per week

₽13883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽67338
₽46099
₽65000
₽62249
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
100 500
income
-
-
-
9 600
unemployment
-
-
-
28
health
-
-
-
3 621
pensions
-
-
-
6 365
total
-
-
-
19 614
Employee

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

22 966
-
91 115
-
unemployment
114
-
456
-
pensions
3 444
-
13 667
-
income
1 570
-
7 263
-
health
1 952
-
7 745
-
total
7 080
-
29 131
-
Employer

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

22 966
-
91 115
-
health
987
-
3 917
-
pensions
1 263
-
5 011
-
unemployment
114
-
456
-
total
2 364
-
9 384
-
Corporate
75 170
100 500
-
-
income
6 765
9 045
-
-
total
6 765
9 045
-
-
Dividends
68 405
91 455
-
-
withholding
6 156
8 231
-
-
total
6 156
8 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 365
17 276
38 515
19 614
After tax
78 135
83 224
61 985
80 886
Living cost
15 886
15 886
15 886
15 886
Free-cash
62 249
67 338
46 099
65 000

Estimated living cost  is ₽15886 per week

₽10135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽40199
₽25611
₽26435
₽34953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
835
income
-
-
-
18 730
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
46 551
Employee
36 996
-
76 206
-
other
36
-
76
-
unemployment
573
-
1 181
-
pensions
1 739
-
3 581
-
income
7 133
-
18 244
-
total
9 481
-
23 082
-
Employer
36 996
-
76 206
-
pensions
8 730
-
17 985
-
accident
733
-
1 509
-
unemployment
2 035
-
4 190
-
other
296
-
609
-
total
11 794
-
24 293
-
Corporate
51 709
100 500
-
-
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.

7 756
15 076
-
-
total
7 756
15 076
-
-
Dividends
43 953
85 424
-
-
withholding
9 002
17 711
-
-
total
9 002
17 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 033
32 787
47 375
46 551
After tax
62 467
67 713
53 125
53 949
Living cost
27 514
27 514
27 514
27 514
Free-cash
34 953
40 199
25 611
26 435

Estimated living cost  is ₽27514 per week

₽18571
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5816
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽60772
₽62108
₽62246
₽60453
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
33 873
health
-
-
-
1 026
pensions
-
-
-
1 415
total
-
-
-
36 314
Employee
2 954
-
98 908
-
unemployment
30
-
71
-
pensions
266
-
637
-
income
571
-
33 799
-
health
148
-
354
-
total
1 015
-
34 861
-
Employer
2 954
-
98 908
-
health
281
-
672
-
pensions
325
-
778
-
unemployment
59
-
141
-
total
665
-
1 591
-
Corporate
96 881
100 500
-
-
income
21 314
22 110
-
-
total
21 314
22 110
-
-
Dividends
75 567
78 390
-
-
withholding
15 113
15 678
-
-
total
15 113
15 678
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 107
37 788
36 452
36 314
After tax
62 393
62 712
64 048
64 186
Living cost
1 940
1 940
1 940
1 940
Free-cash
60 453
60 772
62 108
62 246

Estimated living cost  is ₽1940 per week

₽1153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽585
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽55309
₽35920
₽35921
₽50385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
19 329
unemployment
-
-
-
1 109
health
-
-
-
7 615
pensions
-
-
-
19 224
total
-
-
-
47 277
Employee

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

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

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

26 090
-
87 265
-
unemployment
196
-
555
-
pensions
3 653
-
10 351
-
income
3 596
-
19 329
-
health
1 344
-
3 808
-
total
8 789
-
34 043
-
Employer

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

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

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

26 090
-
87 265
-
health
1 344
-
3 808
-
pensions
3 131
-
8 872
-
unemployment
196
-
555
-
total
4 671
-
13 235
-
Corporate
69 740
100 500
-
-
income
10 461
15 075
-
-
total
10 461
15 075
-
-
Dividends
59 279
85 425
-
-
withholding
8 892
12 814
-
-
total
8 892
12 814
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 813
27 889
47 278
47 277
After tax
67 687
72 611
53 222
53 223
Living cost
17 302
17 302
17 302
17 302
Free-cash
50 385
55 309
35 920
35 921

Estimated living cost  is ₽17302 per week

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

Source of data for Belgrade model

Close
Porto , Portugal
₽30192
₽24091
₽29208
₽29830
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
9 395
surtax
-
-
-
-
social contributions

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

-
-
-
34 923
total
-
-
-
44 318
Employee
38 833
-
81 213
-
surtax
-
-
-
-
social contributions
4 272
-
8 933
-
income
7 588
-
21 215
-
total
11 860
-
30 148
-
Employer
38 833
-
81 213
-
social contributions
9 222
-
19 287
-
total
9 222
-
19 287
-
Corporate
52 445
100 500
-
-
income
11 013
21 104
-
-
surtax
-
-
-
-
total
11 013
21 104
-
-
Dividends
41 432
79 396
-
-
withholding
11 601
22 230
-
-
total
11 601
22 230
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 696
43 334
49 435
44 318
After tax
56 804
57 166
51 065
56 182
Living cost
26 974
26 974
26 974
26 974
Free-cash
29 830
30 192
24 091
29 208

Estimated living cost  is ₽26974 per week

₽19105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽32550
₽17961
₽18785
₽24919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
835
income
-
-
-
18 730
other
-
-
-
93
unemployment
-
-
-
649
pensions
-
-
-
26 244
total
-
-
-
46 551
Employee
48 322
-
76 206
-
other
47
-
76
-
unemployment
748
-
1 181
-
pensions
2 271
-
3 581
-
income
10 093
-
18 244
-
total
13 159
-
23 082
-
Employer
48 322
-
76 206
-
pensions
11 404
-
17 985
-
accident
957
-
1 509
-
unemployment
2 658
-
4 190
-
other
387
-
609
-
total
15 406
-
24 293
-
Corporate
36 772
100 500
-
-
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.

5 516
15 076
-
-
total
5 516
15 076
-
-
Dividends
31 256
85 424
-
-
withholding
6 336
17 711
-
-
total
6 336
17 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 417
32 787
47 375
46 551
After tax
60 083
67 713
53 125
53 949
Living cost
35 164
35 164
35 164
35 164
Free-cash
24 919
32 550
17 961
18 785

Estimated living cost  is ₽35164 per week

₽25253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2734
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽68723
₽62016
₽58891
₽62626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 075
unemployment
-
-
-
140
health
-
-
-
4 018
pensions

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

-
-
-
5 171
total
-
-
-
24 404
Employee
22 782
-
93 646
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
pensions

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

2 000
-
3 068
-
income
2 279
-
9 365
-
health
1 048
-
1 607
-
total
5 577
-
14 424
-
Employer
22 782
-
93 646
-
health
1 572
-
2 411
-
pensions

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

2 511
-
3 850
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
unemployment
137
-
210
-
total
4 470
-
6 855
-
Corporate
73 248
100 500
-
-
income
7 325
10 050
-
-
total
7 325
10 050
-
-
Dividends
65 923
90 450
-
-
withholding
3 297
4 522
-
-
total
3 297
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 669
14 572
21 279
24 404
After tax
79 831
85 928
79 221
76 096
Living cost
17 205
17 205
17 205
17 205
Free-cash
62 626
68 723
62 016
58 891

Estimated living cost  is ₽17205 per week

₽11379
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4431
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽13215
₽32868
₽25121
₽26307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
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.

-
-
-
21 013
surtax

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

-
-
-
1 156
health

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

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

-
-
-
6 835
trade
-
-
-
7 747
total
-
-
-
36 751
Employee

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

49 783
-
100 500
-
surtax

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

226
-
1 156
-
income

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

4 094
-
21 013
-
health

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

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

6 835
-
6 835
-
total
11 155
-
29 004
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 717
100 500
-
-
income
7 608
15 076
-
-
surtax

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

418
830
-
-
chamber of commerce
226
300
-
-
trade
7 278
14 423
-
-
total
15 530
30 629
-
-
Dividends
35 187
69 872
-
-
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.

463
940
-
-
withholding
8 417
17 088
-
-
total
8 880
18 028
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 565
48 657
29 004
36 751
After tax
64 935
51 843
71 496
63 749
Living cost
38 628
38 628
38 628
38 628
Free-cash
26 307
13 215
32 868
25 121

Estimated living cost  is ₽38628 per week

₽26647
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽13355
₽10896
₽10896
₽15565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
23 662
social contributions
-
-
-
8 947
total
-
-
-
32 609
Employee
78 265
-
100 500
-
income
14 768
-
23 662
-
social contributions
6 502
-
8 947
-
total
21 270
-
32 609
-
Employer
78 265
-
100 500
-
total
-
-
-
-
Corporate
22 235
100 500
-
-
income
2 780
12 562
-
-
total
2 780
12 562
-
-
Dividends
19 456
87 938
-
-
withholding
3 890
17 588
-
-
total
3 890
17 588
-
-
Income
100 500
100 500
100 500
100 500
Total tax
27 940
30 150
32 609
32 609
After tax
72 560
70 350
67 891
67 891
Living cost
56 995
56 995
56 995
56 995
Free-cash
15 565
13 355
10 896
10 896

Estimated living cost  is ₽56995 per week

₽43361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8445
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽23718
₽37496
₽29680
₽27626
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
28 481
health

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

-
-
-
6 019
total
-
-
-
34 500
Employee
45 899
-
95 898
-
income
4 980
-
17 480
-
social contributions
4 599
-
4 602
-
total
9 579
-
22 082
-
Employer
45 899
-
95 898
-
social contributions
4 599
-
4 602
-
total
4 599
-
4 602
-
Corporate
50 002
100 500
-
-
income
17 500
35 176
-
-
total
17 500
35 176
-
-
Dividends
32 502
65 324
-
-
social contributions
4 876
5 286
-
-
total
4 876
5 286
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 554
40 462
26 684
34 500
After tax
63 946
60 038
73 816
66 000
Living cost
36 320
36 320
36 320
36 320
Free-cash
27 626
23 718
37 496
29 680

Estimated living cost  is ₽36320 per week

₽23924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽36949
₽26068
₽35410
₽32865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
20 863
pensions
-
-
-
7 389
total
-
-
-
28 252
Employee
50 566
-
88 478
-
pensions
3 859
-
8 409
-
income
9 208
-
15 726
-
health
660
-
1 437
-
total
13 727
-
25 572
-
Employer
50 566
-
88 478
-
health
961
-
1 682
-
pensions
5 109
-
10 340
-
total
6 070
-
12 022
-
Corporate
43 864
100 500
-
-
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.

8 335
19 094
-
-
total
8 335
19 094
-
-
Dividends
35 530
81 406
-
-
withholding
2 665
7 619
-
-
total
2 665
7 619
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 797
26 713
37 594
28 252
After tax
69 703
73 787
62 906
72 248
Living cost
36 838
36 838
36 838
36 838
Free-cash
32 865
36 949
26 068
35 410

Estimated living cost  is ₽36838 per week

₽25271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3388
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽16008
₽27698
₽44834
₽4437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
256
income
-
-
-
24 456
other
-
-
-
376
health
-
-
-
2 211
pensions
-
-
-
4 218
total
-
-
-
31 517
Employee
37 987
-
85 797
-
pensions
4 277
-
7 734
-
income
5 211
-
16 392
-
health
4 349
-
9 823
-
total
13 837
-
33 949
-
Employer
37 987
-
85 797
-
pensions
6 176
-
11 169
-
accident
634
-
1 433
-
unemployment
931
-
2 102
-
total
7 741
-
14 704
-
Corporate
54 772
100 500
-
-
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.

49 295
90 450
-
-
total
49 295
90 450
-
-
Dividends
5 477
10 050
-
-
withholding
1 041
1 909
-
-
total
1 041
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
71 914
92 359
48 653
31 517
After tax
28 586
8 141
51 847
68 983
Living cost
24 149
24 149
24 149
24 149
Free-cash
4 437
-16 008
27 698
44 834

Estimated living cost  is ₽24149 per week

₽17722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1407
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽71057
₽49561
₽43924
₽67046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
100 500
income
-
-
-
15 425
unemployment
-
-
-
1 206
work injury
-
-
-
502
health insurance
-
-
-
7 437
pensions
-
-
-
18 492
total
-
-
-
43 062
Employee

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

21 623
-
100 500
-
health insurance
1 600
-
5 920
-
unemployment
259
-
960
-
work injury
108
-
400
-
pensions
3 979
-
14 720
-
income
2 162
-
15 425
-
total
8 108
-
37 425
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 877
100 500
-
-
income

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

-
1 005
-
-
total
-
1 005
-
-
Dividends
78 877
99 495
-
-
withholding
11 832
14 924
-
-
total
11 832
14 924
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 940
15 929
37 425
43 062
After tax
80 560
84 571
63 075
57 438
Living cost
13 514
13 514
13 514
13 514
Free-cash
67 046
71 057
49 561
43 924

Estimated living cost  is ₽13514 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽13078
₽6134
₽10728
₽8526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
2 012
municipal
-
-
-
672
national
-
-
-
21 380
total
-
-
-
49 913
Employee
84 312
-
100 500
-
municipal
503
-
600
-
national
14 248
-
18 325
-
regional
1 273
-
1 694
-
social contributions
28 430
-
33 888
-
total
44 454
-
54 507
-
Employer
84 312
-
100 500
-
total
-
-
-
-
Corporate
16 188
100 500
-
-
municipal
780
4 844
-
-
nationa
3 885
24 119
-
-
total
4 665
28 963
-
-
Dividends
11 523
71 537
-
-
withholding
2 996
18 600
-
-
total
2 996
18 600
-
-
Income
100 500
100 500
100 500
100 500
Total tax
52 115
47 563
54 507
49 913
After tax
48 385
52 937
45 993
50 587
Living cost
39 859
39 859
39 859
39 859
Free-cash
8 526
13 078
6 134
10 728

Estimated living cost  is ₽39859 per week

₽27999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2742
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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