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
₽42009
₽21938
₽33159
₽32477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
21 914
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.

-
-
-
1 204
trade
-
-
-
8 850
total
-
-
-
38 478
Employee

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

36 447
-
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.

56
-
1 204
-
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.

1 018
-
21 914
-
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.

6 510
-
6 510
-
total
7 584
-
29 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 053
100 500
-
-
chamber of commerce
237
289
-
-
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.

528
828
-
-
trade
10 089
15 828
-
-
income
9 608
15 074
-
-
total
20 462
32 019
-
-
Dividends
43 591
68 480
-
-
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.

579
922
-
-
withholding
10 535
16 758
-
-
total
11 114
17 680
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 160
49 699
29 628
38 478
After tax
61 340
50 801
70 872
62 022
Living cost
28 863
28 863
28 863
28 863
Free-cash
32 477
21 938
42 009
33 159

Estimated living cost  is ₽28863 per week

₽18156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3365
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.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11149
₽12443
₽10361
₽11607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
12 060
national
-
-
-
16 246
municipal
-
-
-
10 484
total
-
-
-
39 870
Employee
77 927
-
86 881
-
municipal
9 625
-
10 873
-
national
14 915
-
16 849
-
pensions
3 117
-
3 475
-
total
27 657
-
31 197
-
Employer
77 927
-
86 881
-
pensions
6 234
-
6 951
-
social contributions
838
-
934
-
total
7 072
-
7 885
-
Corporate
10 358
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%.

2 072
20 100
-
-
total
2 072
20 100
-
-
Dividends
8 287
80 400
-
-
withholding
1 823
17 688
-
-
total
1 823
17 688
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 624
37 788
39 082
39 870
After tax
61 876
62 712
61 418
60 630
Living cost
50 269
50 269
50 269
50 269
Free-cash
11 607
12 443
11 149
10 361

Estimated living cost  is ₽50269 per week

₽34167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36761
₽60575
₽33765
₽52758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
32 312
income
-
-
-
14 598
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
46 910
Employee
27 845
-
80 990
-
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.

3 063
-
8 910
-
income
4 957
-
15 494
-
total
8 020
-
24 404
-
Employer
27 845
-
80 990
-
surtax
-
-
-
-
social contributions

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

6 707
-
19 510
-
total
6 707
-
19 510
-
Corporate
65 948
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%.

13 190
20 100
-
-
total
13 190
20 100
-
-
Dividends

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

52 758
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
27 917
20 100
43 914
46 910
After tax
72 583
80 400
56 586
53 590
Living cost
19 825
19 825
19 825
19 825
Free-cash
52 758
60 575
36 761
33 765

Estimated living cost  is ₽19825 per week

₽12648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10258
₽8834
₽17096
₽2994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 714
income
-
-
-
20 606
pensions
-
-
-
11 165
total
-
-
-
43 485
Employee
81 376
81 376
85 523
-
income

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

13 320
13 320
13 320
-
pensions
14 648
11 165
11 165
-
health
12 490
10 624
10 861
-
total
40 458
35 109
35 346
-
Employer
81 376
81 376
85 523
-
unemployment
2 930
2 930
3 080
-
health
5 657
5 657
5 944
-
pensions
5 664
5 664
5 953
-
total
14 251
14 251
14 977
-
Corporate
5 873
4 874
-
-
income
1 175
975
-
-
total
1 175
975
-
-
Dividends
4 697
3 900
-
-
income
998
828
-
-
withholding
705
584
-
-
total
1 703
1 412
-
-
Income
100 500
100 500
100 500
100 500
Total tax
57 587
51 747
50 323
43 485
After tax
42 913
48 753
50 177
57 015
Living cost
39 919
39 919
39 919
39 919
Free-cash
2 994
8 834
10 258
17 096

Estimated living cost  is ₽39919 per week

₽28290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14388
₽15593
₽13749
₽14711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 003
health
-
-
-
5 372
accident
-
-
-
172
pensions
-
-
-
9 306
national
-
-
-
-
unemployment
-
-
-
86
municipal
-
-
-
22 532
total
-
-
-
47 471
Employee
55 970
-
76 472
-
municipal
16 690
-
22 804
-
national
-
-
-
-
total
16 690
-
22 804
-
Employer
55 970
-
76 472
-
other
6 504
-
8 886
-
unemployment
1 478
-
2 019
-
health
3 442
-
4 703
-
accident
112
-
153
-
pensions
6 050
-
8 267
-
total
17 586
-
24 028
-
Corporate
26 944
100 500
-
-
income
5 928
22 110
-
-
total
5 928
22 110
-
-
Dividends
21 016
78 390
-
-
withholding
6 305
23 517
-
-
total
6 305
23 517
-
-
Income
100 500
100 500
100 500
100 500
Total tax
46 509
45 627
46 832
47 471
After tax
53 991
54 873
53 668
53 029
Living cost
39 280
39 280
39 280
39 280
Free-cash
14 711
15 593
14 388
13 749

Estimated living cost  is ₽39280 per week

₽26033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3854
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.
₽8796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33437
₽12849
₽24193
₽26236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
21 914
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.

-
-
-
1 204
trade
-
-
-
9 244
total
-
-
-
38 872
Employee

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

48 325
-
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.

228
-
1 204
-
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.

4 152
-
21 914
-
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.

6 510
-
6 510
-
total
10 890
-
29 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 175
100 500
-
-
chamber of commerce
219
288
-
-
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.

430
828
-
-
trade
8 582
16 532
-
-
income
7 827
15 074
-
-
total
17 058
32 722
-
-
Dividends
35 117
67 778
-
-
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
911
-
-
withholding
8 418
16 583
-
-
total
8 881
17 494
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 829
50 216
29 628
38 872
After tax
63 671
50 284
70 872
61 628
Living cost
37 435
37 435
37 435
37 435
Free-cash
26 236
12 849
33 437
24 193

Estimated living cost  is ₽37435 per week

₽25037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3948
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39574
₽42627
₽39858
₽38673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
2 562
income
-
-
-
11 754
total
-
-
-
29 734
Employee
73 275
73 275
91 239
-
social contributions
3 561
6 081
7 573
-
income
7 695
6 783
11 633
-
health
729
1 246
1 552
-
total
11 985
14 110
20 758
-
Employer
73 275
73 275
91 239
-
health
794
1 356
1 687
-
social contributions
3 561
6 081
7 573
-
total
4 355
7 437
9 260
-
Corporate
53 254
19 787
-
-
income
6 657
2 474
-
-
total
6 657
2 474
-
-
Dividends
46 597
17 313
-
-
withholding
7 922
2 944
-
-
total
7 922
2 944
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 919
26 965
30 018
29 734
After tax
69 581
73 535
70 482
70 766
Living cost
30 908
30 908
30 908
30 908
Free-cash
38 673
42 627
39 574
39 858

Estimated living cost  is ₽30908 per week

₽21129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40752
₽39093
₽52113
₽39458
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 035
income
-
-
-
12 286
pensions
-
-
-
10 050
unemployment
-
-
-
1 508
total
-
-
-
30 879
Employee

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

The minimum wage is 138,000 HUF per month.

25 274
10 059
84 100
-
income
3 090
1 230
10 281
-
pensions
2 527
1 006
8 410
-
health
1 769
704
5 887
-
unemployment
379
151
1 262
-
total
7 765
3 091
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.

25 274
10 059
84 100
-
pensions
4 928
1 961
16 400
-
total
4 928
1 961
16 400
-
Corporate
70 298
88 480
-
-
income
6 327
7 963
-
-
total
6 327
7 963
-
-
Dividends
63 971
80 517
-
-
social contributions
12 359
15 586
-
-
withholding
12 155
15 298
-
-
total
24 514
30 884
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 534
43 899
42 240
30 879
After tax
56 966
56 601
58 260
69 621
Living cost
17 508
17 508
17 508
17 508
Free-cash
39 458
39 093
40 752
52 113

Estimated living cost  is ₽17508 per week

₽11948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34909
₽57383
₽30851
₽51463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 065
income
-
-
-
13 467
pensions
-
-
-
20 100
total
-
-
-
46 632
Employee
27 033
-
75 113
-
income
3 043
-
14 481
-
pensions
541
-
1 503
-
unemployment
432
-
1 203
-
total
4 016
-
17 187
-
Employer
27 033
-
75 113
-
unemployment
217
-
600
-
health
3 514
-
9 765
-
pensions
5 407
-
15 022
-
total
9 138
-
25 387
-
Corporate
64 329
100 500
-
-
income
12 866
20 100
-
-
total
12 866
20 100
-
-
Dividends
51 463
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
26 020
20 100
42 574
46 632
After tax
74 480
80 400
57 926
53 868
Living cost
23 017
23 017
23 017
23 017
Free-cash
51 463
57 383
34 909
30 851

Estimated living cost  is ₽23017 per week

₽15787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5396
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31152
-₽12906
₽47899
₽4913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
24 890
pensions
-
-
-
3 981
total
-
-
-
31 554
Employee
33 108
-
86 400
-
income
4 542
-
17 009
-
pensions
3 728
-
7 299
-
health
3 791
-
9 893
-
total
12 061
-
34 201
-
Employer
33 108
-
86 400
-
unemployment
811
-
2 117
-
accident
553
-
1 443
-
pensions
5 384
-
10 540
-
total
6 748
-
14 100
-
Corporate
60 644
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.

54 579
90 450
-
-
total
54 579
90 450
-
-
Dividends
6 065
10 050
-
-
withholding
1 152
1 909
-
-
total
1 152
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 540
92 359
48 301
31 554
After tax
25 960
8 141
52 199
68 946
Living cost
21 047
21 047
21 047
21 047
Free-cash
4 913
-12 906
31 152
47 899

Estimated living cost  is ₽21047 per week

₽15426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72434
₽87509
₽91529
₽86016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 957
-
100 500
-
income
1 991
-
20 100
-
total
1 991
-
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%.

90 543
100 500
-
-
total
-
-
-
-
Dividends
90 543
100 500
-
-
withholding
4 527
5 025
-
-
total
4 527
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
6 518
5 025
20 100
1 005
After tax
93 982
95 475
80 400
99 495
Living cost
7 966
7 966
7 966
7 966
Free-cash
86 016
87 509
72 434
91 529

Estimated living cost  is ₽7966 per week

₽4937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33186
₽48446
₽29026
₽42009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 774
health
-
-
-
4 421
income
-
-
-
12 765
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.

-
-
-
24 122
total
-
-
-
46 082
Employee
34 600
-
80 270
-
income
5 957
-
14 149
-
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.

2 421
-
5 620
-
health
485
-
1 123
-
unemployment
345
-
803
-
total
9 208
-
21 695
-
Employer
34 600
-
80 270
-
other
1 731
-
4 013
-
unemployment
345
-
803
-
health
485
-
1 123
-
accident
277
-
642
-
pensions

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

5 883
-
13 646
-
total
8 721
-
20 227
-
Corporate
57 180
100 500
-
-
income
12 007
21 105
-
-
total
12 007
21 105
-
-
Dividends
45 173
79 395
-
-
withholding
3 163
5 557
-
-
total
3 163
5 557
-
-
Income
100 500
100 500
100 500
100 500
Total tax
33 099
26 662
41 922
46 082
After tax
67 401
73 838
58 578
54 418
Living cost
25 392
25 392
25 392
25 392
Free-cash
42 009
48 446
33 186
29 026

Estimated living cost  is ₽25392 per week

₽17941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽522
₽9699
₽8399
-₽1173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 719
pensions
-
-
-
7 183
total
-
-
-
28 902
Employee
89 418
-
88 402
-
income
16 119
-
15 769
-
health
1 473
-
1 453
-
pensions
8 626
-
8 504
-
total
26 218
-
25 726
-
Employer
89 418
-
88 402
-
health
1 698
-
1 679
-
pensions
10 558
-
10 418
-
total
12 256
-
12 097
-
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.

-
19 095
-
-
total
-
19 095
-
-
Dividends
-
81 405
-
-
withholding
-
8 507
-
-
total
-
8 507
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 474
27 602
37 823
28 902
After tax
62 026
72 898
62 677
71 598
Living cost
63 199
63 199
63 199
63 199
Free-cash
-1 173
9 699
-522
8 399

Estimated living cost  is ₽63199 per week

₽47357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67422
₽73522
₽64194
₽69127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
15 075
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
23 900
Employee
16 427
-
94 016
-
income
1 642
-
9 401
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 442
-
2 902
-
health
756
-
1 520
-
total
4 021
-
14 187
-
Employer
16 427
-
94 016
-
unemployment
98
-
198
-
health
1 134
-
2 281
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 810
-
3 642
-
total
3 223
-
6 485
-
Corporate
80 849
100 500
-
-
income
8 085
10 050
-
-
total
8 085
10 050
-
-
Dividends
72 765
90 450
-
-
withholding
3 638
4 522
-
-
total
3 638
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
18 967
14 572
20 672
23 900
After tax
81 533
85 928
79 828
76 600
Living cost
12 406
12 406
12 406
12 406
Free-cash
69 127
73 522
67 422
64 194

Estimated living cost  is ₽12406 per week

₽7243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2664
-₽4088
₽4174
-₽3316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 714
income
-
-
-
20 606
pensions
-
-
-
11 165
total
-
-
-
43 485
Employee
88 348
81 376
85 523
-
income

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

13 320
13 320
13 320
-
pensions
11 165
11 165
11 165
-
health
11 022
10 624
10 861
-
total
35 507
35 109
35 346
-
Employer
88 348
81 376
85 523
-
unemployment
3 181
2 930
3 080
-
health
6 139
5 657
5 944
-
pensions
6 148
5 664
5 953
-
total
15 468
14 251
14 977
-
Corporate
-
4 874
-
-
income
-
975
-
-
total
-
975
-
-
Dividends
-
3 900
-
-
income
-
828
-
-
withholding
-
584
-
-
total
-
1 412
-
-
Income
100 500
100 500
100 500
100 500
Total tax
50 975
51 747
50 323
43 485
After tax
49 525
48 753
50 177
57 015
Living cost
52 841
52 841
52 841
52 841
Free-cash
-3 316
-4 088
-2 664
4 174

Estimated living cost  is ₽52841 per week

₽38979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8537
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27553
₽45747
₽25501
₽37383
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 346
health
-
-
-
13 568
income
-
-
-
8 638
solidarity contribution
-
-
-
-
total
-
-
-
51 552
Employee
34 481
-
75 000
-
social contributions
2 241
-
4 875
-
solidarity contribution
-
-
-
-
income
4 138
-
9 000
-
health
4 655
-
10 125
-
total
11 034
-
24 000
-
Employer
34 481
-
75 000
-
health
3 103
-
6 750
-
social contributions
8 620
-
18 750
-
total
11 723
-
25 500
-
Corporate
54 295
100 500
-
-
income
10 316
19 095
-
-
total
10 316
19 095
-
-
Dividends
43 979
81 405
-
-
withholding
6 597
12 211
-
-
total
6 597
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 670
31 306
49 500
51 552
After tax
60 830
69 194
51 000
48 948
Living cost
23 447
23 447
23 447
23 447
Free-cash
37 383
45 747
27 553
25 501

Estimated living cost  is ₽23447 per week

₽16287
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
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.
₽5031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6232
₽13412
₽11014
₽8436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 713
regional
-
-
-
1 117
municipal
-
-
-
597
total
-
-
-
49 276
Employee
84 690
-
100 500
-
social contributions
28 557
-
33 888
-
municipal
448
-
533
-
national
14 675
-
18 657
-
regional
799
-
980
-
total
44 479
-
54 058
-
Employer
84 690
-
100 500
-
total
-
-
-
-
Corporate
15 810
100 500
-
-
nationa
3 794
24 120
-
-
municipal
617
3 919
-
-
total
4 411
28 039
-
-
Dividends
11 400
72 462
-
-
withholding
2 964
18 839
-
-
total
2 964
18 839
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 854
46 878
54 058
49 276
After tax
48 646
53 622
46 442
51 224
Living cost
40 210
40 210
40 210
40 210
Free-cash
8 436
13 412
6 232
11 014

Estimated living cost  is ₽40210 per week

₽28029
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28190
₽42185
₽30077
₽39221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 136
income
-
-
-
19 490
pensions
-
-
-
20 100
surtax
-
-
-
2 452
unemployment
-
-
-
217
total
-
-
-
49 395
Employee
31 513
-
83 024
-
surtax
103
-
2 219
-
income
5 282
-
18 154
-
other
-
-
-
-
pensions
2 101
-
5 537
-
health
805
-
2 118
-
unemployment
2 194
-
5 778
-
total
10 485
-
33 806
-
Employer
31 513
-
83 024
-
other
-
-
-
-
unemployment
998
-
2 631
-
health
1 434
-
3 778
-
pensions
4 201
-
11 067
-
total
6 633
-
17 476
-
Corporate
62 354
100 500
-
-
income
16 212
26 131
-
-
total
16 212
26 131
-
-
Dividends
46 143
74 369
-
-
withholding
6 921
11 156
-
-
total
6 921
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 251
37 287
51 282
49 395
After tax
60 249
63 213
49 218
51 105
Living cost
21 028
21 028
21 028
21 028
Free-cash
39 221
42 185
28 190
30 077

Estimated living cost  is ₽21028 per week

₽12857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5745
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19501
₽29722
₽28422
₽24688
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 719
pensions
-
-
-
7 183
total
-
-
-
28 902
Employee
59 925
-
88 402
-
income
10 793
-
15 769
-
health
870
-
1 453
-
pensions
5 086
-
8 504
-
total
16 749
-
25 726
-
Employer
59 925
-
88 402
-
health
1 138
-
1 679
-
pensions
6 487
-
10 418
-
total
7 625
-
12 097
-
Corporate
32 949
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.

6 260
19 095
-
-
total
6 260
19 095
-
-
Dividends
26 689
81 405
-
-
withholding
2 002
8 507
-
-
total
2 002
8 507
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 636
27 602
37 823
28 902
After tax
67 864
72 898
62 677
71 598
Living cost
43 176
43 176
43 176
43 176
Free-cash
24 688
29 722
19 501
28 422

Estimated living cost  is ₽43176 per week

₽32347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2366
-₽30513
₽7386
₽2208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
2 009
health
-
-
-
249
pensions
-
-
-
9 244
city
-
-
-
1 059
national
-
-
-
630
regional
-
-
-
3 455
total
-
-
-
16 646
Employee
89 487
-
89 952
-
national
424
-
427
-
city
960
-
966
-
pensions
7 518
-
7 557
-
health
202
-
202
-
regional
2 930
-
2 956
-
unemployment
-
-
-
-
total
12 034
-
12 108
-
Employer
89 487
-
89 952
-
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.

1 789
-
1 799
-
unemployment
-
-
-
-
health
202
-
202
-
pensions
7 518
-
7 557
-
total
9 509
-
9 558
-
Corporate
520
100 500
-
-
regional
110
21 256
-
-
national
43
8 543
-
-
total
153
29 799
-
-
Dividends
367
70 701
-
-
withholding
128
24 746
-
-
total
128
24 746
-
-
Income
100 500
100 500
100 500
100 500
Total tax
21 824
54 545
21 666
16 646
After tax
78 676
45 955
78 834
83 854
Living cost
76 468
76 468
76 468
76 468
Free-cash
2 208
-30 513
2 366
7 386

Estimated living cost  is ₽76468 per week

₽49726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27218
₽6114
₽17581
₽21564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
21 914
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.

-
-
-
1 204
trade
-
-
-
9 637
total
-
-
-
39 265
Employee

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

57 269
-
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.

371
-
1 204
-
income

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

6 734
-
21 914
-
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.

6 510
-
6 510
-
total
13 615
-
29 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 231
100 500
-
-
chamber of commerce
206
286
-
-
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.

356
828
-
-
trade
7 414
17 235
-
-
income
6 485
15 074
-
-
total
14 461
33 423
-
-
Dividends
28 770
67 076
-
-
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.

376
902
-
-
withholding
6 830
16 407
-
-
total
7 206
17 309
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 282
50 732
29 628
39 265
After tax
65 218
49 768
70 872
61 235
Living cost
43 654
43 654
43 654
43 654
Free-cash
21 564
6 114
27 218
17 581

Estimated living cost  is ₽43654 per week

₽31883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30019
₽18050
₽25120
₽23678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 121
social contributions
-
-
-
2 863
health
-
-
-
2 147
income
-
-
-
10 307
pensions
-
-
-
24 339
surtax
-
-
-
-
total
-
-
-
42 777
Employee
40 784
-
81 357
-
surtax
-
-
-
-
social contributions
1 163
-
2 318
-
income
2 407
-
12 367
-
pensions
4 611
-
4 049
-
total
8 181
-
18 734
-
Employer
40 784
-
81 357
-
other
1 407
-
2 807
-
unemployment
1 651
-
3 295
-
health
2 855
-
5 694
-
pensions
6 700
-
7 104
-
social contributions
123
-
244
-
total
12 736
-
19 144
-
Corporate
46 980
100 500
-
-
surtax
-
-
-
-
income
13 154
28 140
-
-
total
13 154
28 140
-
-
Dividends
33 826
72 360
-
-
social contributions
5 819
12 445
-
-
surtax
-
-
-
-
withholding
4 329
9 262
-
-
total
10 148
21 707
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 219
49 847
37 878
42 777
After tax
56 281
50 653
62 622
57 723
Living cost
32 603
32 603
32 603
32 603
Free-cash
23 678
18 050
30 019
25 120

Estimated living cost  is ₽32603 per week

₽20557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33250
₽21281
₽28351
₽26575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 121
social contributions
-
-
-
2 863
health
-
-
-
2 147
income
-
-
-
10 307
pensions
-
-
-
24 339
surtax
-
-
-
-
total
-
-
-
42 777
Employee
36 405
-
81 357
-
surtax
-
-
-
-
social contributions
1 038
-
2 318
-
income
1 877
-
12 367
-
pensions
4 118
-
4 049
-
total
7 033
-
18 734
-
Employer
36 405
-
81 357
-
other
1 257
-
2 807
-
unemployment
1 474
-
3 295
-
health
2 548
-
5 694
-
pensions
5 982
-
7 104
-
social contributions
109
-
244
-
total
11 370
-
19 144
-
Corporate
52 726
100 500
-
-
surtax
-
-
-
-
income
14 763
28 140
-
-
total
14 763
28 140
-
-
Dividends
37 962
72 360
-
-
social contributions
6 528
12 445
-
-
surtax
-
-
-
-
withholding
4 859
9 262
-
-
total
11 387
21 707
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 553
49 847
37 878
42 777
After tax
55 947
50 653
62 622
57 723
Living cost
29 372
29 372
29 372
29 372
Free-cash
26 575
21 281
33 250
28 351

Estimated living cost  is ₽29372 per week

₽17035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44243
₽41109
₽44337
₽41603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 868
health
-
-
-
7 015
income
-
-
-
15 074
total
-
-
-
35 957
Employee
32 310
-
100 500
-
social contributions
4 459
-
13 868
-
income
5 389
-
15 168
-
health
2 255
-
7 015
-
total
12 103
-
36 051
-
Employer
32 310
-
100 500
-
total
-
-
-
-
Corporate
68 190
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%.

3 409
5 025
-
-
total
3 409
5 025
-
-
Dividends
64 782
95 475
-
-
social contributions
8 940
13 176
-
-
withholding
9 718
14 320
-
-
health
4 521
6 664
-
-
total
23 179
34 160
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 691
39 185
36 051
35 957
After tax
61 809
61 315
64 449
64 543
Living cost
20 206
20 206
20 206
20 206
Free-cash
41 603
41 109
44 243
44 337

Estimated living cost  is ₽20206 per week

₽13523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
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.
₽4971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3756
₽22673
₽16884
₽21198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 689
income
-
-
-
17 324
chamber of commerce
-
-
-
401
pensions
-
-
-
18 592
surtax
-
-
-
188
unemployment
-
-
-
5 845
total
-
-
-
50 039
Employee
47 623
37 975
77 896
-
income
5 421
2 801
15 398
-
other
476
380
779
-
pensions
4 877
3 888
7 977
-
health
1 843
1 470
3 015
-
unemployment
1 429
1 139
2 336
-
total
14 046
9 678
29 505
-
Employer
47 623
37 975
77 896
-
other
2 262
1 803
3 700
-
unemployment
1 429
1 139
2 336
-
health
1 799
1 436
2 944
-
surtax
188
188
188
-
accident
618
494
1 013
-
pensions
5 977
4 767
9 776
-
payroll
1 429
1 139
2 336
-
chamber of commerce
190
152
311
-
total
13 892
11 118
22 604
-
Corporate
38 985
51 407
74 279
-
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.

9 747
12 852
18 570
-
total
9 747
12 852
18 570
-
Dividends
29 238
38 555
-
-
withholding
8 040
10 602
-
-
total
8 040
10 602
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 725
44 250
70 679
50 039
After tax
54 775
56 250
29 821
50 461
Living cost
33 577
33 577
33 577
33 577
Free-cash
21 198
22 673
-3 756
16 884

Estimated living cost  is ₽33577 per week

₽22395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4122
₽21601
₽11823
₽7307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 959
communal

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

-
-
-
5 072
national
-
-
-
32 901
total
-
-
-
53 932
Employee

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

68 163
-
77 840
-
national
20 956
-
24 741
-
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.

5 112
-
5 837
-
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.

3 203
-
3 658
-
communal

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

3 555
-
4 060
-
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.

593
-
676
-
total
33 419
-
38 972
-
Employer

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

68 163
-
77 840
-
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.

995
-
1 136
-
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.

4 192
-
4 789
-
surtax
7 729
-
8 828
-
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.

886
-
1 011
-
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.

6 040
-
6 897
-
total
19 842
-
22 661
-
Corporate
12 496
100 500
-
-
surtax
51
401
-
-
income
2 499
20 100
-
-
total
2 550
20 501
-
-
Dividends
9 946
79 999
-
-
withholding

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

2 637
23 653
-
-
total
2 637
23 653
-
-
Income
100 500
100 500
100 500
100 500
Total tax
58 448
44 154
61 633
53 932
After tax
42 052
56 346
38 867
46 568
Living cost
34 745
34 745
34 745
34 745
Free-cash
7 307
21 601
4 122
11 823

Estimated living cost  is ₽34745 per week

₽22380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18322
₽33290
₽19981
₽25695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
19 607
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
46 105
Employee
47 434
-
76 207
-
income
10 008
-
18 632
-
other
47
-
76
-
pensions
2 230
-
3 582
-
unemployment
736
-
1 181
-
total
13 021
-
23 471
-
Employer
47 434
-
76 207
-
other
378
-
609
-
unemployment
2 609
-
4 192
-
accident
939
-
1 508
-
pensions
11 194
-
17 984
-
total
15 120
-
24 293
-
Corporate
37 946
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.

5 693
15 074
-
-
total
5 693
15 074
-
-
Dividends
32 254
85 426
-
-
withholding
6 557
17 722
-
-
total
6 557
17 722
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 391
32 796
47 764
46 105
After tax
60 109
67 704
52 736
54 395
Living cost
34 414
34 414
34 414
34 414
Free-cash
25 695
33 290
18 322
19 981

Estimated living cost  is ₽34414 per week

₽25342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9389
₽9544
₽5038
₽2806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 062
accident
-
-
-
848
income
-
-
-
9 369
pensions
-
-
-
15 064
communal
-
-
-
6 351
surtax
-
-
-
4 982
total
-
-
-
43 676
Employee
72 164
-
89 773
-
surtax
4 423
-
5 501
-
income
6 970
-
11 921
-
pensions
5 772
-
7 181
-
health
3 212
-
3 995
-
total
20 377
-
28 598
-
Employer
72 164
-
89 773
-
health
2 201
-
2 738
-
accident
649
-
808
-
pensions
5 772
-
7 181
-
total
8 622
-
10 727
-
Corporate
19 714
100 500
-
-
surtax
206
1 056
-
-
income
2 957
15 074
-
-
communal
-
6 783
-
-
total
3 163
22 913
-
-
Dividends
16 551
77 586
-
-
income
11 263
4 618
-
-
withholding
2 483
11 639
-
-
total
13 746
16 257
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 908
39 170
39 325
43 676
After tax
54 592
61 330
61 175
56 824
Living cost
51 786
51 786
51 786
51 786
Free-cash
2 806
9 544
9 389
5 038

Estimated living cost  is ₽51786 per week

₽38847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27814
₽41809
₽29701
₽38781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 136
income
-
-
-
19 490
pensions
-
-
-
20 100
surtax
-
-
-
2 452
unemployment
-
-
-
217
total
-
-
-
49 395
Employee
32 091
-
83 024
-
surtax
114
-
2 219
-
income
5 380
-
18 154
-
other
-
-
-
-
pensions
2 141
-
5 537
-
health
819
-
2 118
-
unemployment
2 233
-
5 778
-
total
10 687
-
33 806
-
Employer
32 091
-
83 024
-
other
-
-
-
-
unemployment
1 018
-
2 631
-
health
1 459
-
3 778
-
pensions
4 279
-
11 067
-
total
6 756
-
17 476
-
Corporate
61 653
100 500
-
-
income
16 029
26 131
-
-
total
16 029
26 131
-
-
Dividends
45 624
74 369
-
-
withholding
6 843
11 156
-
-
total
6 843
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 315
37 287
51 282
49 395
After tax
60 185
63 213
49 218
51 105
Living cost
21 404
21 404
21 404
21 404
Free-cash
38 781
41 809
27 814
29 701

Estimated living cost  is ₽21404 per week

₽12922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20400
₽27154
₽25155
₽25040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 713
regional
-
-
-
1 516
municipal
-
-
-
597
total
-
-
-
49 675
Employee
52 860
-
100 500
-
social contributions
17 825
-
33 888
-
municipal
280
-
533
-
national
8 374
-
18 657
-
regional
712
-
1 352
-
total
27 191
-
54 430
-
Employer
52 860
-
100 500
-
total
-
-
-
-
Corporate
47 640
100 500
-
-
nationa
11 434
24 120
-
-
municipal
2 367
4 995
-
-
total
13 801
29 115
-
-
Dividends
33 839
71 386
-
-
withholding
8 798
18 561
-
-
total
8 798
18 561
-
-
Income
100 500
100 500
100 500
100 500
Total tax
49 790
47 676
54 430
49 675
After tax
50 710
52 824
46 070
50 825
Living cost
25 670
25 670
25 670
25 670
Free-cash
25 040
27 154
20 400
25 155

Estimated living cost  is ₽25670 per week

₽15964
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6666
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22107
₽40301
₽20055
₽29993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 346
health
-
-
-
13 568
income
-
-
-
8 638
solidarity contribution
-
-
-
-
total
-
-
-
51 552
Employee
42 490
-
75 000
-
social contributions
2 762
-
4 875
-
solidarity contribution
-
-
-
-
income
5 099
-
9 000
-
health
5 736
-
10 125
-
total
13 597
-
24 000
-
Employer
42 490
-
75 000
-
health
3 824
-
6 750
-
social contributions
10 623
-
18 750
-
total
14 447
-
25 500
-
Corporate
43 563
100 500
-
-
income
8 277
19 095
-
-
total
8 277
19 095
-
-
Dividends
35 286
81 405
-
-
withholding
5 293
12 211
-
-
total
5 293
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
41 614
31 306
49 500
51 552
After tax
58 886
69 194
51 000
48 948
Living cost
28 893
28 893
28 893
28 893
Free-cash
29 993
40 301
22 107
20 055

Estimated living cost  is ₽28893 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽550
₽25949
₽20247
₽25478
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 689
income
-
-
-
17 324
chamber of commerce
-
-
-
401
pensions
-
-
-
18 592
surtax
-
-
-
-
unemployment
-
-
-
5 845
total
-
-
-
49 851
Employee
41 655
37 975
78 038
-
income
3 711
2 801
15 447
-
other
416
380
781
-
pensions
4 266
3 888
7 991
-
health
1 611
1 470
3 020
-
unemployment
1 250
1 139
2 342
-
total
11 254
9 678
29 581
-
Employer
41 655
37 975
78 038
-
other
1 978
1 803
3 707
-
unemployment
1 250
1 139
2 342
-
health
1 575
1 436
2 949
-
surtax
-
-
-
-
accident
541
494
1 014
-
pensions
5 228
4 767
9 794
-
payroll
1 250
1 139
2 342
-
chamber of commerce
166
152
313
-
total
11 988
10 930
22 461
-
Corporate
46 857
51 595
74 422
-
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.

11 714
12 899
18 606
-
total
11 714
12 899
18 606
-
Dividends
35 143
38 696
-
-
withholding
9 664
10 642
-
-
total
9 664
10 642
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 620
44 149
70 648
49 851
After tax
55 880
56 351
29 852
50 649
Living cost
30 402
30 402
30 402
30 402
Free-cash
25 478
25 949
-550
20 247

Estimated living cost  is ₽30402 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3105
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67986
₽83061
₽87081
₽80733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 517
-
100 500
-
income
3 104
-
20 100
-
total
3 104
-
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%.

84 983
100 500
-
-
total
-
-
-
-
Dividends
84 983
100 500
-
-
withholding
4 249
5 025
-
-
total
4 249
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
7 353
5 025
20 100
1 005
After tax
93 147
95 475
80 400
99 495
Living cost
12 414
12 414
12 414
12 414
Free-cash
80 733
83 061
67 986
87 081

Estimated living cost  is ₽12414 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23328
₽43636
₽26209
₽35662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 888
income
-
-
-
20 340
pensions
-
-
-
18 353
unemployment
-
-
-
150
total
-
-
-
48 731
Employee

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

42 138
-
86 959
-
income
7 267
-
18 855
-
pensions
6 532
-
13 479
-
health
2 722
-
5 617
-
unemployment
60
-
121
-
total
16 581
-
38 072
-
Employer

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

42 138
-
86 959
-
unemployment
25
-
52
-
health
2 807
-
5 792
-
pensions
3 729
-
7 696
-
total
6 561
-
13 540
-
Corporate
51 801
100 500
-
-
income
9 843
19 094
-
-
total
9 843
19 094
-
-
Dividends
41 958
81 406
-
-
withholding
6 293
12 210
-
-
total
6 293
12 210
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 278
31 304
51 612
48 731
After tax
61 222
69 196
48 888
51 769
Living cost
25 560
25 560
25 560
25 560
Free-cash
35 662
43 636
23 328
26 209

Estimated living cost  is ₽25560 per week

₽17541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44059
₽17891
₽26200
-₽48966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 457
income
-
-
-
19 590
total
-
-
-
31 047
Employee
62 019
-
-
-
social contributions
5 086
-
725
-
income
13 680
-
-
-
total
18 766
-
725
-
Employer
62 019
-
-
-
social contributions
87 447
-
12 463
-
total
87 447
-
12 463
-
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
106 213
39 356
13 188
31 047
After tax
-5 713
61 144
87 312
69 453
Living cost
43 253
43 253
43 253
43 253
Free-cash
-48 966
17 891
44 059
26 200

Estimated living cost  is ₽43253 per week

₽28064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4068
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20635
₽27275
₽26064
₽26315
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 923
income
-
-
-
9 623
surtax
-
-
-
-
total
-
-
-
44 546
Employee
43 827
-
81 212
-
surtax
-
-
-
-
social contributions
4 821
-
8 933
-
income
9 116
-
21 754
-
total
13 937
-
30 687
-
Employer
43 827
-
81 212
-
social contributions
10 409
-
19 288
-
total
10 409
-
19 288
-
Corporate
46 264
100 500
-
-
surtax
-
-
-
-
income
9 716
21 105
-
-
total
9 716
21 105
-
-
Dividends
36 548
79 395
-
-
withholding
10 233
22 230
-
-
total
10 233
22 230
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 295
43 335
49 975
44 546
After tax
56 205
57 165
50 525
55 954
Living cost
29 890
29 890
29 890
29 890
Free-cash
26 315
27 275
20 635
26 064

Estimated living cost  is ₽29890 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16597
₽4628
₽11698
₽11177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 121
social contributions
-
-
-
2 863
health
-
-
-
2 147
income
-
-
-
10 307
pensions
-
-
-
24 339
surtax
-
-
-
-
total
-
-
-
42 777
Employee
59 683
-
81 357
-
surtax
-
-
-
-
social contributions
1 700
-
2 318
-
income
5 208
-
12 367
-
pensions
6 751
-
4 049
-
total
13 659
-
18 734
-
Employer
59 683
-
81 357
-
other
2 060
-
2 807
-
unemployment
2 418
-
3 295
-
health
4 177
-
5 694
-
pensions
9 807
-
7 104
-
social contributions
179
-
244
-
total
18 641
-
19 144
-
Corporate
22 176
100 500
-
-
surtax
-
-
-
-
income
6 210
28 140
-
-
total
6 210
28 140
-
-
Dividends
15 966
72 360
-
-
social contributions
2 745
12 445
-
-
surtax
-
-
-
-
withholding
2 043
9 262
-
-
total
4 788
21 707
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 298
49 847
37 878
42 777
After tax
57 202
50 653
62 622
57 723
Living cost
46 025
46 025
46 025
46 025
Free-cash
11 177
4 628
16 597
11 698

Estimated living cost  is ₽46025 per week

₽31149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50363
₽61805
₽47693
₽58604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 052
social contributions
-
-
-
22 111
total
-
-
-
24 163
Employee
30 635
-
87 013
-
income
-
-
2 349
-
social contributions
1 991
-
5 657
-
total
1 991
-
8 006
-
Employer
30 635
-
87 013
-
social contributions
4 749
-
13 487
-
total
4 749
-
13 487
-
Corporate
65 116
100 500
-
-
income
6 512
10 051
-
-
total
6 512
10 051
-
-
Dividends
58 604
90 449
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
13 252
10 051
21 493
24 163
After tax
87 248
90 449
79 007
76 337
Living cost
28 644
28 644
28 644
28 644
Free-cash
58 604
61 805
50 363
47 693

Estimated living cost  is ₽28644 per week

₽18521
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2159
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.
₽7425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽106551
-₽106551
₽16245
-₽106551
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 974
pensions
-
-
-
824
national
-
-
-
10 742
municipal
-
-
-
18 948
total
-
-
-
38 488
Employee
193 171
193 171
193 171
-
labour market
15 432
15 432
15 432
-
municipal
41 135
41 135
41 135
-
national
23 599
23 599
23 599
-
pensions
275
275
275
-
total
80 441
80 441
80 441
-
Employer
193 171
193 171
193 171
-
national
23 640
23 640
23 640
-
labour market
15 454
15 454
15 454
-
pensions
549
549
549
-
municipal
41 200
41 200
41 200
-
total
80 843
80 843
80 843
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
161 284
161 284
161 284
38 488
After tax
-60 784
-60 784
-60 784
62 012
Living cost
45 767
45 767
45 767
45 767
Free-cash
-106 551
-106 551
-106 551
16 245

Estimated living cost  is ₽45767 per week

₽31323
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31462
-₽12596
₽48209
₽4960
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
24 890
pensions
-
-
-
3 981
total
-
-
-
31 554
Employee
32 620
-
86 400
-
income
4 475
-
17 009
-
pensions
3 673
-
7 299
-
health
3 735
-
9 893
-
total
11 883
-
34 201
-
Employer
32 620
-
86 400
-
unemployment
799
-
2 117
-
accident
545
-
1 443
-
pensions
5 304
-
10 540
-
total
6 648
-
14 100
-
Corporate
61 232
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.

55 109
90 450
-
-
total
55 109
90 450
-
-
Dividends
6 123
10 050
-
-
withholding
1 163
1 909
-
-
total
1 163
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 803
92 359
48 301
31 554
After tax
25 697
8 141
52 199
68 946
Living cost
20 737
20 737
20 737
20 737
Free-cash
4 960
-12 596
31 462
48 209

Estimated living cost  is ₽20737 per week

₽15094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20337
₽29840
₽34197
₽28307
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 150
national
-
-
-
10 685
municipal
-
-
-
17 883
total
-
-
-
29 718
Employee
50 135
-
84 545
-
municipal
8 212
-
13 800
-
national
828
-
5 944
-
pensions
3 383
-
5 707
-
health
374
-
904
-
unemployment
752
-
1 268
-
total
13 549
-
27 623
-
Employer
50 135
-
84 545
-
unemployment
326
-
550
-
health
385
-
651
-
accident
51
-
85
-
pensions
8 698
-
14 669
-
total
9 460
-
15 955
-
Corporate
40 905
100 500
-
-
income
8 181
20 100
-
-
total
8 181
20 100
-
-
Dividends

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

24 543
60 300
-
-
national
-
3 121
-
-
municipal
4 418
10 854
-
-
total
4 418
13 975
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 608
34 075
43 578
29 718
After tax
64 892
66 425
56 922
70 782
Living cost
36 585
36 585
36 585
36 585
Free-cash
28 307
29 840
20 337
34 197

Estimated living cost  is ₽36585 per week

₽23897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48419
₽51472
₽48703
₽46287
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 418
health
-
-
-
2 562
income
-
-
-
11 754
total
-
-
-
29 734
Employee
73 275
73 275
91 239
-
social contributions
2 770
6 081
7 573
-
income
7 978
6 783
11 633
-
health
568
1 246
1 552
-
total
11 316
14 110
20 758
-
Employer
73 275
73 275
91 239
-
health
617
1 356
1 687
-
social contributions
2 770
6 081
7 573
-
total
3 387
7 437
9 260
-
Corporate
63 734
19 787
-
-
income
7 968
2 474
-
-
total
7 968
2 474
-
-
Dividends
55 766
17 313
-
-
withholding
9 479
2 944
-
-
total
9 479
2 944
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 150
26 965
30 018
29 734
After tax
68 350
73 535
70 482
70 766
Living cost
22 063
22 063
22 063
22 063
Free-cash
46 287
51 472
48 419
48 703

Estimated living cost  is ₽22063 per week

₽13223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47052
₽68094
₽66164
₽63246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 449
income
-
-
-
9 669
pensions
-
-
-
6 062
unemployment
-
-
-
27
total
-
-
-
19 207
Employee

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

21 873
-
91 187
-
income
1 496
-
7 306
-
pensions
3 280
-
13 563
-
health
1 859
-
7 685
-
unemployment
109
-
452
-
total
6 744
-
29 006
-
Employer

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

21 873
-
91 187
-
unemployment
109
-
452
-
health
940
-
3 888
-
pensions
1 203
-
4 973
-
total
2 252
-
9 313
-
Corporate
76 376
100 500
-
-
income
6 874
9 045
-
-
total
6 874
9 045
-
-
Dividends
69 502
91 455
-
-
withholding
6 255
8 232
-
-
total
6 255
8 232
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 125
17 277
38 319
19 207
After tax
78 375
83 223
62 181
81 293
Living cost
15 130
15 130
15 130
15 130
Free-cash
63 246
68 094
47 052
66 164

Estimated living cost  is ₽15130 per week

₽9653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1090
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26532
₽41500
₽28191
₽36501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
19 607
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
46 105
Employee
35 235
-
76 207
-
income
6 793
-
18 632
-
other
34
-
76
-
pensions
1 656
-
3 582
-
unemployment
546
-
1 181
-
total
9 029
-
23 471
-
Employer
35 235
-
76 207
-
other
282
-
609
-
unemployment
1 939
-
4 192
-
accident
698
-
1 508
-
pensions
8 315
-
17 984
-
total
11 234
-
24 293
-
Corporate
54 031
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.

8 105
15 074
-
-
total
8 105
15 074
-
-
Dividends
45 926
85 426
-
-
withholding
9 427
17 722
-
-
total
9 427
17 722
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 795
32 796
47 764
46 105
After tax
62 705
67 704
52 736
54 395
Living cost
26 204
26 204
26 204
26 204
Free-cash
36 501
41 500
26 532
28 191

Estimated living cost  is ₽26204 per week

₽17687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽62390
₽60943
₽62516
₽60652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
936
income
-
-
-
33 988
pensions
-
-
-
1 291
total
-
-
-
36 215
Employee
2 695
-
99 048
-
income
521
-
33 920
-
pensions
243
-
581
-
health
135
-
323
-
unemployment
27
-
65
-
total
926
-
34 889
-
Employer
2 695
-
99 048
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
710
-
total
606
-
1 452
-
Corporate
97 199
100 500
-
-
income
21 384
22 110
-
-
total
21 384
22 110
-
-
Dividends
75 815
78 390
-
-
withholding
15 163
15 678
-
-
total
15 163
15 678
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 079
37 788
36 341
36 215
After tax
62 421
62 712
64 159
64 285
Living cost
1 769
1 769
1 769
1 769
Free-cash
60 652
60 943
62 390
62 516

Estimated living cost  is ₽1769 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37353
₽56152
₽37354
₽51470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 244
income
-
-
-
20 101
pensions
-
-
-
18 287
unemployment
-
-
-
1 055
total
-
-
-
46 687
Employee

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

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

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

24 818
-
87 910
-
income
3 421
-
20 101
-
pensions
3 475
-
9 847
-
health
1 278
-
3 622
-
unemployment
186
-
528
-
total
8 360
-
34 098
-
Employer

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

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

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

24 818
-
87 910
-
unemployment
186
-
528
-
health
1 278
-
3 622
-
pensions
2 978
-
8 440
-
total
4 442
-
12 590
-
Corporate
71 239
100 500
-
-
income
10 686
15 075
-
-
total
10 686
15 075
-
-
Dividends
60 553
85 425
-
-
withholding
9 083
12 814
-
-
total
9 083
12 814
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 571
27 889
46 688
46 687
After tax
67 929
72 611
53 812
53 813
Living cost
16 459
16 459
16 459
16 459
Free-cash
51 470
56 152
37 353
37 354

Estimated living cost  is ₽16459 per week

₽11082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24835
₽31475
₽30264
₽31130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 923
income
-
-
-
9 623
surtax
-
-
-
-
total
-
-
-
44 546
Employee
36 985
-
81 212
-
surtax
-
-
-
-
social contributions
4 069
-
8 933
-
income
7 227
-
21 754
-
total
11 296
-
30 687
-
Employer
36 985
-
81 212
-
social contributions
8 783
-
19 288
-
total
8 783
-
19 288
-
Corporate
54 732
100 500
-
-
surtax
-
-
-
-
income
11 494
21 105
-
-
total
11 494
21 105
-
-
Dividends
43 238
79 395
-
-
withholding
12 107
22 230
-
-
total
12 107
22 230
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 680
43 335
49 975
44 546
After tax
56 820
57 165
50 525
55 954
Living cost
25 690
25 690
25 690
25 690
Free-cash
31 130
31 475
24 835
30 264

Estimated living cost  is ₽25690 per week

₽18196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19246
₽34214
₽20905
₽26946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89
accident
-
-
-
796
income
-
-
-
19 607
pensions
-
-
-
24 995
unemployment
-
-
-
618
total
-
-
-
46 105
Employee
46 022
-
76 207
-
income
9 612
-
18 632
-
other
45
-
76
-
pensions
2 163
-
3 582
-
unemployment
712
-
1 181
-
total
12 532
-
23 471
-
Employer
46 022
-
76 207
-
other
369
-
609
-
unemployment
2 532
-
4 192
-
accident
911
-
1 508
-
pensions
10 861
-
17 984
-
total
14 673
-
24 293
-
Corporate
39 805
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.

5 971
15 074
-
-
total
5 971
15 074
-
-
Dividends
33 834
85 426
-
-
withholding
6 888
17 722
-
-
total
6 888
17 722
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 064
32 796
47 764
46 105
After tax
60 436
67 704
52 736
54 395
Living cost
33 490
33 490
33 490
33 490
Free-cash
26 946
34 214
19 246
20 905

Estimated living cost  is ₽33490 per week

₽24051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6364
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63551
₽69651
₽60323
₽63885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 801
income
-
-
-
15 075
pensions

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

-
-
-
4 892
unemployment
-
-
-
132
total
-
-
-
23 900
Employee
21 553
-
94 016
-
income
2 156
-
9 401
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

1 892
-
2 902
-
health
992
-
1 520
-
total
5 277
-
14 187
-
Employer
21 553
-
94 016
-
unemployment
129
-
198
-
health
1 487
-
2 281
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 375
-
3 642
-
total
4 228
-
6 485
-
Corporate
74 718
100 500
-
-
income
7 471
10 050
-
-
total
7 471
10 050
-
-
Dividends
67 247
90 450
-
-
withholding
3 362
4 522
-
-
total
3 362
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 338
14 572
20 672
23 900
After tax
80 162
85 928
79 828
76 600
Living cost
16 277
16 277
16 277
16 277
Free-cash
63 885
69 651
63 551
60 323

Estimated living cost  is ₽16277 per week

₽10765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34082
₽15046
₽26019
₽27509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 510
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.

-
-
-
21 914
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.

-
-
-
1 204
trade
-
-
-
8 063
total
-
-
-
37 691
Employee

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

47 414
-
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.

215
-
1 204
-
income

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

3 899
-
21 914
-
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.

6 510
-
6 510
-
total
10 624
-
29 628
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 086
100 500
-
-
chamber of commerce
222
291
-
-
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.

438
828
-
-
trade
7 619
14 422
-
-
income
7 962
15 074
-
-
total
16 241
30 615
-
-
Dividends
36 845
69 885
-
-
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.

486
940
-
-
withholding
8 850
17 109
-
-
total
9 336
18 049
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 201
48 664
29 628
37 691
After tax
64 299
51 836
70 872
62 809
Living cost
36 790
36 790
36 790
36 790
Free-cash
27 509
15 046
34 082
26 019

Estimated living cost  is ₽36790 per week

₽25378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12720
₽16066
₽12720
₽18172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 449
social contributions
-
-
-
9 048
total
-
-
-
33 497
Employee
74 540
-
100 500
-
income
14 065
-
24 449
-
social contributions
6 193
-
9 048
-
total
20 258
-
33 497
-
Employer
74 540
-
100 500
-
total
-
-
-
-
Corporate
25 960
100 500
-
-
income
3 244
12 563
-
-
total
3 244
12 563
-
-
Dividends
22 716
87 937
-
-
withholding
4 543
17 588
-
-
total
4 543
17 588
-
-
Income
100 500
100 500
100 500
100 500
Total tax
28 045
30 151
33 497
33 497
After tax
72 455
70 349
67 003
67 003
Living cost
54 283
54 283
54 283
54 283
Free-cash
18 172
16 066
12 720
12 720

Estimated living cost  is ₽54283 per week

₽41297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39300
₽25701
₽32880
₽29030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 125
health

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

-
-
-
5 904
total
-
-
-
33 029
Employee
43 714
-
96 117
-
income
4 743
-
17 843
-
social contributions
4 380
-
4 383
-
total
9 123
-
22 226
-
Employer
43 714
-
96 117
-
social contributions
4 380
-
4 383
-
total
4 380
-
4 383
-
Corporate
52 406
100 500
-
-
income
18 342
35 174
-
-
total
18 342
35 174
-
-
Dividends
34 064
65 326
-
-
social contributions
5 034
5 034
-
-
total
5 034
5 034
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 879
40 208
26 609
33 029
After tax
63 621
60 292
73 891
67 471
Living cost
34 591
34 591
34 591
34 591
Free-cash
29 030
25 701
39 300
32 880

Estimated living cost  is ₽34591 per week

₽22785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2727
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.
₽8548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27576
₽37797
₽36497
₽34868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 719
pensions
-
-
-
7 183
total
-
-
-
28 902
Employee
48 181
-
88 402
-
income
8 774
-
15 769
-
health
629
-
1 453
-
pensions
3 677
-
8 504
-
total
13 080
-
25 726
-
Employer
48 181
-
88 402
-
health
916
-
1 679
-
pensions
4 868
-
10 418
-
total
5 784
-
12 097
-
Corporate
46 536
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.

8 841
19 095
-
-
total
8 841
19 095
-
-
Dividends
37 695
81 405
-
-
withholding
2 826
8 507
-
-
total
2 826
8 507
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 531
27 602
37 823
28 902
After tax
69 969
72 898
62 677
71 598
Living cost
35 101
35 101
35 101
35 101
Free-cash
34 868
37 797
27 576
36 497

Estimated living cost  is ₽35101 per week

₽24079
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29409
-₽14649
₽46156
₽4644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 086
accident
-
-
-
242
income
-
-
-
24 890
pensions
-
-
-
3 981
total
-
-
-
31 554
Employee
35 849
-
86 400
-
income
4 918
-
17 009
-
pensions
4 037
-
7 299
-
health
4 105
-
9 893
-
total
13 060
-
34 201
-
Employer
35 849
-
86 400
-
unemployment
878
-
2 117
-
accident
599
-
1 443
-
pensions
5 829
-
10 540
-
total
7 306
-
14 100
-
Corporate
57 345
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.

51 610
90 450
-
-
total
51 610
90 450
-
-
Dividends
5 735
10 050
-
-
withholding
1 090
1 909
-
-
total
1 090
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 066
92 359
48 301
31 554
After tax
27 434
8 141
52 199
68 946
Living cost
22 790
22 790
22 790
22 790
Free-cash
4 644
-14 649
29 409
46 156

Estimated living cost  is ₽22790 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51172
₽71719
₽44456
₽67945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 555
health insurance
-
-
-
7 437
work injury
-
-
-
502
pensions
-
-
-
18 492
unemployment
-
-
-
1 206
total
-
-
-
43 192
Employee

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

20 563
-
100 500
-
income
2 056
-
15 555
-
work injury
103
-
380
-
health insurance
1 522
-
5 630
-
pensions
3 784
-
13 998
-
unemployment
247
-
913
-
total
7 712
-
36 476
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 937
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
79 937
99 495
-
-
withholding
11 991
14 924
-
-
total
11 991
14 924
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 703
15 929
36 476
43 192
After tax
80 797
84 571
64 024
57 308
Living cost
12 852
12 852
12 852
12 852
Free-cash
67 945
71 719
51 172
44 456

Estimated living cost  is ₽12852 per week

₽7962
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽934
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽7654
₽14974
₽12248
₽10642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
21 713
regional
-
-
-
2 055
municipal
-
-
-
673
total
-
-
-
50 290
Employee
80 299
-
100 500
-
social contributions
27 076
-
33 888
-
municipal
479
-
600
-
national
13 570
-
18 657
-
regional
1 212
-
1 739
-
total
42 337
-
54 884
-
Employer
80 299
-
100 500
-
total
-
-
-
-
Corporate
20 201
100 500
-
-
nationa
4 848
24 120
-
-
municipal
973
4 845
-
-
total
5 821
28 965
-
-
Dividends
14 380
71 536
-
-
withholding
3 738
18 599
-
-
total
3 738
18 599
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 896
47 564
54 884
50 290
After tax
48 604
52 936
45 616
50 210
Living cost
37 962
37 962
37 962
37 962
Free-cash
10 642
14 974
7 654
12 248

Estimated living cost  is ₽37962 per week

₽26666
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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