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
₽33315
₽22456
₽32803
₽42292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 977
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.

-
-
-
6 392
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.

-
-
-
1 223
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.

-
-
-
22 254
total
-
-
-
38 846
Employee

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

35 785
-
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.

55
-
1 223
-
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.

1 000
-
22 254
-
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.

6 392
-
6 392
-
total
7 447
-
29 869
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 715
100 500
-
-
trade
10 193
15 829
-
-
income
9 707
15 076
-
-
chamber of commerce
234
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.

534
829
-
-
total
20 668
32 020
-
-
Dividends
44 046
68 481
-
-
withholding
10 657
16 764
-
-
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.

586
921
-
-
total
11 243
17 685
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 358
49 705
29 869
38 846
After tax
61 142
50 795
70 631
61 654
Living cost
28 339
28 339
28 339
28 339
Free-cash
32 803
22 456
42 292
33 315

Estimated living cost  is ₽28339 per week

₽17826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11027
₽13155
₽12330
₽11815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 502
pensions
-
-
-
12 060
social contributions
-
-
-
1 080
national
-
-
-
16 274
total
-
-
-
39 916
Employee
76 822
-
86 881
-
municipal
9 489
-
10 891
-
national
14 704
-
16 877
-
pensions
3 073
-
3 475
-
total
27 266
-
31 243
-
Employer
76 822
-
86 881
-
pensions
6 146
-
6 951
-
social contributions
826
-
934
-
total
6 972
-
7 885
-
Corporate
11 636
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%.

2 327
20 100
-
-
total
2 327
20 100
-
-
Dividends
9 309
80 400
-
-
withholding
2 048
17 688
-
-
total
2 048
17 688
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 613
37 788
39 128
39 916
After tax
61 887
62 712
61 372
60 584
Living cost
49 557
49 557
49 557
49 557
Free-cash
12 330
13 155
11 815
11 027

Estimated living cost  is ₽49557 per week

₽33683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34108
₽60935
₽53261
₽37103
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
32 310
income
-
-
-
14 617
microenterprise
-
-
-
-
total
-
-
-
46 927
Employee
27 339
-
80 989
-
social contributions

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

3 008
-
8 909
-
surtax
-
-
-
-
income
4 867
-
15 512
-
total
7 875
-
24 421
-
Employer
27 339
-
80 989
-
surtax
-
-
-
-
social contributions

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

6 585
-
19 511
-
total
6 585
-
19 511
-
Corporate
66 576
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%.

13 314
20 100
-
-
total
13 314
20 100
-
-
Dividends

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

53 261
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
27 774
20 100
43 932
46 927
After tax
72 726
80 400
56 568
53 573
Living cost
19 465
19 465
19 465
19 465
Free-cash
53 261
60 935
37 103
34 108

Estimated living cost  is ₽19465 per week

₽12418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1854
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17880
₽9603
₽3873
₽11538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
20 927
total
-
-
-
43 426
Employee
79 897
79 897
85 524
-
pensions
14 381
10 962
10 962
-
income

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

13 078
13 078
13 078
-
health
12 263
10 431
10 752
-
total
39 722
34 471
34 792
-
Employer
79 897
79 897
85 524
-
pensions
5 561
5 561
5 953
-
unemployment
2 876
2 876
3 079
-
health
5 554
5 554
5 944
-
total
13 991
13 991
14 976
-
Corporate
7 592
6 612
-
-
income
1 518
1 323
-
-
total
1 518
1 323
-
-
Dividends
6 074
5 289
-
-
withholding
911
794
-
-
income
1 291
1 124
-
-
total
2 202
1 918
-
-
Income
100 500
100 500
100 500
100 500
Total tax
57 433
51 703
49 768
43 426
After tax
43 067
48 797
50 732
57 074
Living cost
39 194
39 194
39 194
39 194
Free-cash
3 873
9 603
11 538
17 880

Estimated living cost  is ₽39194 per week

₽27776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14811
₽16329
₽15463
₽15124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 672
pensions
-
-
-
9 132
health
-
-
-
5 271
other
-
-
-
9 816
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
-
total
-
-
-
47 145
Employee
54 922
-
76 472
-
municipal
16 378
-
22 804
-
national
-
-
-
-
total
16 378
-
22 804
-
Employer
54 922
-
76 472
-
pensions
5 937
-
8 267
-
other
6 382
-
8 886
-
unemployment
1 450
-
2 019
-
accident
110
-
153
-
health
3 378
-
4 703
-
total
17 257
-
24 028
-
Corporate
28 322
100 500
-
-
income
6 231
22 110
-
-
total
6 231
22 110
-
-
Dividends
22 091
78 390
-
-
withholding
6 627
23 517
-
-
total
6 627
23 517
-
-
Income
100 500
100 500
100 500
100 500
Total tax
46 493
45 627
46 832
47 145
After tax
54 007
54 873
53 668
53 355
Living cost
38 544
38 544
38 544
38 544
Free-cash
15 463
16 329
15 124
14 811

Estimated living cost  is ₽38544 per week

₽25545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24500
₽13521
₽26667
₽33876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 376
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.

-
-
-
6 392
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.

-
-
-
1 223
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.

-
-
-
22 254
total
-
-
-
39 245
Employee

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

47 447
-
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.

224
-
1 223
-
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.

4 077
-
22 254
-
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.

6 392
-
6 392
-
total
10 693
-
29 869
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 053
100 500
-
-
trade
8 727
16 532
-
-
income
7 958
15 076
-
-
chamber of commerce
217
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.

439
829
-
-
total
17 341
32 723
-
-
Dividends
35 714
67 778
-
-
withholding
8 572
16 588
-
-
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.

472
913
-
-
total
9 044
17 501
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 078
50 224
29 869
39 245
After tax
63 422
50 276
70 631
61 255
Living cost
36 755
36 755
36 755
36 755
Free-cash
26 667
13 521
33 876
24 500

Estimated living cost  is ₽36755 per week

₽24582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40379
₽43179
₽39299
₽39901
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 562
social contributions
-
-
-
15 138
income
-
-
-
12 075
total
-
-
-
29 775
Employee
71 944
71 944
91 239
-
social contributions
3 496
5 971
7 572
-
income
7 555
6 660
11 869
-
health
716
1 223
1 552
-
total
11 767
13 854
20 993
-
Employer
71 944
71 944
91 239
-
social contributions
3 496
5 971
7 572
-
health
779
1 332
1 688
-
total
4 275
7 303
9 260
-
Corporate
54 112
21 254
-
-
income
6 765
2 656
-
-
total
6 765
2 656
-
-
Dividends
47 347
18 597
-
-
withholding
8 048
3 162
-
-
total
8 048
3 162
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 855
26 975
30 253
29 775
After tax
69 645
73 525
70 247
70 725
Living cost
30 346
30 346
30 346
30 346
Free-cash
39 299
43 179
39 901
40 379

Estimated living cost  is ₽30346 per week

₽20745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2370
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6722
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52387
₽39361
₽39722
₽41026
S + D Salary + Dividends

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

Dividends

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

Salary

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

24 878
9 901
84 100
-
pensions
2 488
990
8 410
-
unemployment
373
149
1 262
-
income
3 041
1 210
10 281
-
health
1 741
693
5 887
-
total
7 643
3 042
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.

24 878
9 901
84 100
-
pensions
4 851
1 931
16 400
-
total
4 851
1 931
16 400
-
Corporate
70 770
88 668
-
-
income
6 369
7 980
-
-
total
6 369
7 980
-
-
Dividends
64 401
80 688
-
-
withholding
12 236
15 331
-
-
social contributions
12 445
15 621
-
-
total
24 681
30 952
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 544
43 905
42 240
30 879
After tax
56 956
56 595
58 260
69 621
Living cost
17 234
17 234
17 234
17 234
Free-cash
39 722
39 361
41 026
52 387

Estimated living cost  is ₽17234 per week

₽11761
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1410
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31269
₽57802
₽51990
₽35330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 100
health
-
-
-
13 066
income
-
-
-
13 467
total
-
-
-
46 633
Employee
26 542
-
75 112
-
pensions
531
-
1 502
-
unemployment
424
-
1 202
-
income
2 988
-
14 481
-
total
3 943
-
17 185
-
Employer
26 542
-
75 112
-
pensions
5 309
-
15 022
-
unemployment
213
-
600
-
health
3 450
-
9 765
-
total
8 972
-
25 387
-
Corporate
64 987
100 500
-
-
income
12 997
20 100
-
-
total
12 997
20 100
-
-
Dividends
51 990
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
25 912
20 100
42 572
46 633
After tax
74 588
80 400
57 928
53 867
Living cost
22 598
22 598
22 598
22 598
Free-cash
51 990
57 802
35 330
31 269

Estimated living cost  is ₽22598 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48008
-₽12795
₽4929
₽31295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
24 928
total
-
-
-
31 556
Employee
32 933
-
86 454
-
pensions
3 708
-
7 260
-
income
4 518
-
17 064
-
health
3 771
-
9 899
-
total
11 997
-
34 223
-
Employer
32 933
-
86 454
-
pensions
5 355
-
10 484
-
unemployment
807
-
2 118
-
accident
550
-
1 444
-
total
6 712
-
14 046
-
Corporate
60 855
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.

54 770
90 450
-
-
total
54 770
90 450
-
-
Dividends
6 086
10 050
-
-
withholding
1 156
1 909
-
-
total
1 156
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 635
92 359
48 269
31 556
After tax
25 865
8 141
52 231
68 944
Living cost
20 936
20 936
20 936
20 936
Free-cash
4 929
-12 795
31 295
48 008

Estimated living cost  is ₽20936 per week

₽15344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91863
₽87843
₽86412
₽72768
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 540
-
100 500
-
income
1 908
-
20 100
-
total
1 908
-
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%.

90 960
100 500
-
-
total
-
-
-
-
Dividends
90 960
100 500
-
-
withholding
4 548
5 025
-
-
total
4 548
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
6 456
5 025
20 100
1 005
After tax
94 044
95 475
80 400
99 495
Living cost
7 632
7 632
7 632
7 632
Free-cash
86 412
87 843
72 768
91 863

Estimated living cost  is ₽7632 per week

₽4730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29416
₽48908
₽42590
₽33575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
24 120
health
-
-
-
4 423
other
-
-
-
4 774
income
-
-
-
12 837
total
-
-
-
46 154
Employee
33 971
-
80 270
-
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.

2 377
-
5 618
-
unemployment
339
-
803
-
income
5 848
-
14 222
-
health
476
-
1 124
-
total
9 040
-
21 767
-
Employer
33 971
-
80 270
-
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.

5 776
-
13 645
-
other
1 699
-
4 013
-
unemployment
339
-
803
-
accident
272
-
643
-
health
476
-
1 124
-
total
8 562
-
20 228
-
Corporate
57 968
100 500
-
-
income
12 173
21 105
-
-
total
12 173
21 105
-
-
Dividends
45 795
79 395
-
-
withholding
3 205
5 557
-
-
total
3 205
5 557
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 980
26 662
41 995
46 154
After tax
67 520
73 838
58 505
54 346
Living cost
24 930
24 930
24 930
24 930
Free-cash
42 590
48 908
33 575
29 416

Estimated living cost  is ₽24930 per week

₽17615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
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.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9832
₽10976
₽1272
₽755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 036
income
-
-
-
22 218
total
-
-
-
29 254
Employee
86 891
-
88 360
-
pensions
8 383
-
8 559
-
income
15 663
-
16 169
-
health
1 432
-
1 462
-
total
25 478
-
26 190
-
Employer
86 891
-
88 360
-
pensions
10 259
-
10 462
-
health
1 650
-
1 679
-
total
11 909
-
12 141
-
Corporate
1 699
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.

324
19 095
-
-
total
324
19 095
-
-
Dividends
1 376
81 405
-
-
withholding
103
9 015
-
-
total
103
9 015
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 814
28 110
38 331
29 254
After tax
62 686
72 390
62 169
71 246
Living cost
61 414
61 414
61 414
61 414
Free-cash
1 272
10 976
755
9 832

Estimated living cost  is ₽61414 per week

₽46019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7216
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.
₽7681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64433
₽73662
₽69316
₽67683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
15 075
total
-
-
-
23 801
Employee
16 242
-
94 088
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 869
-
income
1 624
-
9 409
-
health
747
-
1 503
-
total
3 976
-
14 140
-
Employer
16 242
-
94 088
-
pensions

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

1 790
-
3 601
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 255
-
total
3 187
-
6 411
-
Corporate
81 070
100 500
-
-
income
8 107
10 050
-
-
total
8 107
10 050
-
-
Dividends
72 963
90 450
-
-
withholding
3 648
4 522
-
-
total
3 648
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
18 918
14 572
20 551
23 801
After tax
81 582
85 928
79 949
76 699
Living cost
12 266
12 266
12 266
12 266
Free-cash
69 316
73 662
67 683
64 433

Estimated living cost  is ₽12266 per week

₽7161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5193
-₽3084
-₽1431
-₽1149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 962
health
-
-
-
11 537
income
-
-
-
20 927
total
-
-
-
43 426
Employee
86 743
79 897
85 524
-
pensions
10 962
10 962
10 962
-
income

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

13 078
13 078
13 078
-
health
10 822
10 431
10 752
-
total
34 862
34 471
34 792
-
Employer
86 743
79 897
85 524
-
pensions
6 037
5 561
5 953
-
unemployment
3 123
2 876
3 079
-
health
6 028
5 554
5 944
-
total
15 188
13 991
14 976
-
Corporate
-
6 612
-
-
income
-
1 323
-
-
total
-
1 323
-
-
Dividends
-
5 289
-
-
withholding
-
794
-
-
income
-
1 124
-
-
total
-
1 918
-
-
Income
100 500
100 500
100 500
100 500
Total tax
50 050
51 703
49 768
43 426
After tax
50 450
48 797
50 732
57 074
Living cost
51 881
51 881
51 881
51 881
Free-cash
-1 431
-3 084
-1 149
5 193

Estimated living cost  is ₽51881 per week

₽38271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25708
₽45954
₽37663
₽27760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 568
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
income
-
-
-
8 638
total
-
-
-
51 552
Employee
34 177
-
75 000
-
social contributions
2 222
-
4 875
-
income
4 101
-
9 000
-
solidarity contribution
-
-
-
-
health
4 614
-
10 125
-
total
10 937
-
24 000
-
Employer
34 177
-
75 000
-
social contributions
8 544
-
18 750
-
health
3 076
-
6 750
-
total
11 620
-
25 500
-
Corporate
54 703
100 500
-
-
income
10 394
19 095
-
-
total
10 394
19 095
-
-
Dividends
44 309
81 405
-
-
withholding
6 646
12 211
-
-
total
6 646
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 597
31 306
49 500
51 552
After tax
60 903
69 194
51 000
48 948
Living cost
23 240
23 240
23 240
23 240
Free-cash
37 663
45 954
27 760
25 708

Estimated living cost  is ₽23240 per week

₽16143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1653
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11620
₽14141
₽9256
₽6838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
597
regional
-
-
-
1 122
social contributions
-
-
-
25 849
national
-
-
-
21 833
total
-
-
-
49 401
Employee
83 151
-
100 500
-
social contributions
28 039
-
33 889
-
municipal
440
-
533
-
regional
785
-
983
-
national
14 408
-
18 778
-
total
43 672
-
54 183
-
Employer
83 151
-
100 500
-
total
-
-
-
-
Corporate
17 349
100 500
-
-
nationa
4 164
24 120
-
-
municipal
676
3 920
-
-
total
4 840
28 040
-
-
Dividends
12 509
72 460
-
-
withholding
3 253
18 840
-
-
total
3 253
18 840
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 765
46 880
54 183
49 401
After tax
48 735
53 620
46 317
51 099
Living cost
39 479
39 479
39 479
39 479
Free-cash
9 256
14 141
6 838
11 620

Estimated living cost  is ₽39479 per week

₽27520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30163
₽42569
₽39656
₽28392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 100
health
-
-
-
7 136
surtax
-
-
-
2 507
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
19 735
total
-
-
-
49 691
Employee
30 940
-
83 024
-
surtax
101
-
2 262
-
pensions
2 063
-
5 538
-
other
-
-
-
-
unemployment
2 154
-
5 779
-
income
5 186
-
18 291
-
health
790
-
2 116
-
total
10 294
-
33 986
-
Employer
30 940
-
83 024
-
pensions
4 124
-
11 067
-
other
-
-
-
-
unemployment
980
-
2 631
-
health
1 408
-
3 778
-
total
6 512
-
17 476
-
Corporate
63 047
100 500
-
-
income
16 393
26 130
-
-
total
16 393
26 130
-
-
Dividends
46 654
74 370
-
-
withholding
6 999
11 155
-
-
total
6 999
11 155
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 198
37 285
51 462
49 691
After tax
60 302
63 215
49 038
50 809
Living cost
20 646
20 646
20 646
20 646
Free-cash
39 656
42 569
28 392
30 163

Estimated living cost  is ₽20646 per week

₽12624
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1905
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.
₽5641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29290
₽30434
₽26118
₽20213
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 036
income
-
-
-
22 218
total
-
-
-
29 254
Employee
58 232
-
88 360
-
pensions
4 943
-
8 559
-
income
10 488
-
16 169
-
health
845
-
1 462
-
total
16 276
-
26 190
-
Employer
58 232
-
88 360
-
pensions
6 304
-
10 462
-
health
1 106
-
1 679
-
total
7 410
-
12 141
-
Corporate
34 858
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.

6 623
19 095
-
-
total
6 623
19 095
-
-
Dividends
28 235
81 405
-
-
withholding
2 117
9 015
-
-
total
2 117
9 015
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 426
28 110
38 331
29 254
After tax
68 074
72 390
62 169
71 246
Living cost
41 956
41 956
41 956
41 956
Free-cash
26 118
30 434
20 213
29 290

Estimated living cost  is ₽41956 per week

₽31433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9085
-₽28706
₽3236
₽4089
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 521
city
-
-
-
1 059
pensions
-
-
-
9 247
health
-
-
-
244
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.

-
-
-
2 010
national
-
-
-
671
total
-
-
-
16 752
Employee
87 375
-
89 953
-
regional
2 861
-
3 001
-
national
414
-
466
-
pensions
7 341
-
7 555
-
unemployment
-
-
-
-
city
938
-
966
-
health
198
-
203
-
total
11 752
-
12 191
-
Employer
87 375
-
89 953
-
pensions
7 341
-
7 555
-
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.

1 747
-
1 799
-
unemployment
-
-
-
-
health
198
-
203
-
total
9 286
-
9 557
-
Corporate
2 879
100 500
-
-
regional
610
21 255
-
-
national
245
8 543
-
-
total
855
29 798
-
-
Dividends
2 024
70 702
-
-
withholding
708
24 745
-
-
total
708
24 745
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 601
54 543
21 748
16 752
After tax
77 899
45 957
78 752
83 748
Living cost
74 663
74 663
74 663
74 663
Free-cash
3 236
-28 706
4 089
9 085

Estimated living cost  is ₽74663 per week

₽48552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽917
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17994
₽6899
₽22073
₽27770
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 776
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.

-
-
-
6 392
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.

-
-
-
1 223
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.

-
-
-
22 254
total
-
-
-
39 645
Employee

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

56 228
-
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.

364
-
1 223
-
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.

6 612
-
22 254
-
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.

6 392
-
6 392
-
total
13 368
-
29 869
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 272
100 500
-
-
trade
7 592
17 236
-
-
income
6 640
15 076
-
-
chamber of commerce
204
284
-
-
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.

366
829
-
-
total
14 802
33 425
-
-
Dividends
29 469
67 075
-
-
withholding
7 011
16 413
-
-
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.

385
902
-
-
total
7 396
17 315
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 566
50 740
29 869
39 645
After tax
64 934
49 760
70 631
60 855
Living cost
42 861
42 861
42 861
42 861
Free-cash
22 073
6 899
27 770
17 994

Estimated living cost  is ₽42861 per week

₽31304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7572
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25663
₽18641
₽24170
₽30312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 049
health
-
-
-
2 242
surtax
-
-
-
-
other
-
-
-
3 121
social contributions
-
-
-
2 864
income
-
-
-
10 551
total
-
-
-
42 827
Employee
40 043
-
81 255
-
social contributions
1 142
-
2 315
-
surtax
-
-
-
-
pensions
4 528
-
4 116
-
income
2 363
-
12 504
-
total
8 033
-
18 935
-
Employer
40 043
-
81 255
-
pensions
6 578
-
7 204
-
social contributions
121
-
243
-
other
1 381
-
2 804
-
unemployment
1 621
-
3 290
-
health
2 804
-
5 702
-
total
12 505
-
19 243
-
Corporate
47 953
100 500
-
-
income
13 426
28 140
-
-
surtax
-
-
-
-
total
13 426
28 140
-
-
Dividends
34 526
72 360
-
-
withholding
4 419
9 263
-
-
surtax
-
-
-
-
social contributions
5 937
12 446
-
-
total
10 356
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 320
49 849
38 178
42 827
After tax
56 180
50 651
62 322
57 673
Living cost
32 010
32 010
32 010
32 010
Free-cash
24 170
18 641
30 312
25 663

Estimated living cost  is ₽32010 per week

₽20184
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28834
₽21812
₽27011
₽33483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 049
health
-
-
-
2 242
surtax
-
-
-
-
other
-
-
-
3 121
social contributions
-
-
-
2 864
income
-
-
-
10 551
total
-
-
-
42 827
Employee
35 744
-
81 255
-
social contributions
1 019
-
2 315
-
surtax
-
-
-
-
pensions
4 043
-
4 116
-
income
1 843
-
12 504
-
total
6 905
-
18 935
-
Employer
35 744
-
81 255
-
pensions
5 873
-
7 204
-
social contributions
107
-
243
-
other
1 234
-
2 804
-
unemployment
1 447
-
3 290
-
health
2 502
-
5 702
-
total
11 163
-
19 243
-
Corporate
53 594
100 500
-
-
income
15 006
28 140
-
-
surtax
-
-
-
-
total
15 006
28 140
-
-
Dividends
38 587
72 360
-
-
withholding
4 939
9 263
-
-
surtax
-
-
-
-
social contributions
6 637
12 446
-
-
total
11 576
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 650
49 849
38 178
42 827
After tax
55 850
50 651
62 322
57 673
Living cost
28 839
28 839
28 839
28 839
Free-cash
27 011
21 812
33 483
28 834

Estimated living cost  is ₽28839 per week

₽16725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2930
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽44702
₽41476
₽41961
₽44519
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 015
social contributions
-
-
-
13 868
income
-
-
-
15 076
total
-
-
-
35 959
Employee
31 723
-
100 500
-
social contributions
4 378
-
13 868
-
income
5 291
-
15 259
-
health
2 214
-
7 015
-
total
11 883
-
36 142
-
Employer
31 723
-
100 500
-
total
-
-
-
-
Corporate
68 777
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%.

3 439
5 025
-
-
total
3 439
5 025
-
-
Dividends
65 338
95 475
-
-
withholding
9 801
14 321
-
-
social contributions
9 016
13 176
-
-
health
4 561
6 663
-
-
total
23 378
34 160
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 700
39 185
36 142
35 959
After tax
61 800
61 315
64 358
64 541
Living cost
19 839
19 839
19 839
19 839
Free-cash
41 961
41 476
44 519
44 702

Estimated living cost  is ₽19839 per week

₽13277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
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.
₽4881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17352
₽23253
₽21804
-₽3372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 593
health
-
-
-
7 688
surtax
-
-
-
185
unemployment
-
-
-
5 738
income
-
-
-
17 576
chamber of commerce
-
-
-
401
total
-
-
-
50 181
Employee
46 757
37 285
77 898
-
pensions
4 789
3 817
7 977
-
other
467
373
779
-
unemployment
1 403
1 119
2 337
-
income
5 323
2 750
15 607
-
health
1 809
1 443
3 015
-
total
13 791
9 502
29 715
-
Employer
46 757
37 285
77 898
-
payroll
1 403
1 119
2 337
-
chamber of commerce
186
149
311
-
pensions
5 868
4 680
9 776
-
surtax
185
185
185
-
other
2 221
1 770
3 700
-
unemployment
1 403
1 119
2 337
-
accident
607
485
1 012
-
health
1 767
1 410
2 944
-
total
13 640
10 917
22 602
-
Corporate
40 103
52 299
74 349
-
income

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

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

10 026
13 075
18 588
-
total
10 026
13 075
18 588
-
Dividends
30 077
39 224
-
-
withholding
8 272
10 786
-
-
total
8 272
10 786
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 729
44 280
70 905
50 181
After tax
54 771
56 220
29 595
50 319
Living cost
32 967
32 967
32 967
32 967
Free-cash
21 804
23 253
-3 372
17 352

Estimated living cost  is ₽32967 per week

₽21988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12242
₽22228
₽8194
₽4650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 052
communal

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

-
-
-
5 067
national
-
-
-
33 026
total
-
-
-
54 145
Employee

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

66 925
-
77 841
-
national
20 575
-
24 845
-
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.

5 019
-
5 838
-
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.

582
-
676
-
communal

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

3 491
-
4 061
-
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.

3 144
-
3 658
-
total
32 811
-
39 078
-
Employer

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

66 925
-
77 841
-
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.

5 930
-
6 896
-
surtax
7 588
-
8 828
-
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.

977
-
1 136
-
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.

870
-
1 012
-
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.

4 116
-
4 787
-
total
19 481
-
22 659
-
Corporate
14 095
100 500
-
-
income
2 819
20 100
-
-
surtax
57
401
-
-
total
2 876
20 501
-
-
Dividends
11 218
79 998
-
-
withholding

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

3 025
23 658
-
-
total
3 025
23 658
-
-
Income
100 500
100 500
100 500
100 500
Total tax
58 193
44 159
61 737
54 145
After tax
42 307
56 341
38 763
46 355
Living cost
34 114
34 114
34 114
34 114
Free-cash
8 194
22 228
4 650
12 242

Estimated living cost  is ₽34114 per week

₽21973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20768
₽33908
₽26457
₽18804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
19 927
total
-
-
-
45 943
Employee
46 572
-
76 204
-
pensions
2 189
-
3 581
-
other
46
-
76
-
unemployment
723
-
1 181
-
income
9 826
-
18 773
-
total
12 784
-
23 611
-
Employer
46 572
-
76 204
-
pensions
10 990
-
17 984
-
other
371
-
611
-
unemployment
2 562
-
4 192
-
accident
921
-
1 509
-
total
14 844
-
24 296
-
Corporate
39 083
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.

5 863
15 076
-
-
total
5 863
15 076
-
-
Dividends
33 220
85 424
-
-
withholding
6 763
17 727
-
-
total
6 763
17 727
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 254
32 803
47 907
45 943
After tax
60 246
67 697
52 593
54 557
Living cost
33 789
33 789
33 789
33 789
Free-cash
26 457
33 908
18 804
20 768

Estimated living cost  is ₽33789 per week

₽24882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2397
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5736
₽10422
₽3713
₽10020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
15 063
health
-
-
-
7 061
surtax
-
-
-
4 982
accident
-
-
-
847
communal
-
-
-
6 351
income
-
-
-
9 615
total
-
-
-
43 919
Employee
70 853
-
89 772
-
surtax
4 343
-
5 502
-
pensions
5 667
-
7 182
-
income
6 844
-
12 228
-
health
3 153
-
3 995
-
total
20 007
-
28 907
-
Employer
70 853
-
89 772
-
pensions
5 667
-
7 182
-
accident
637
-
808
-
health
2 161
-
2 738
-
total
8 465
-
10 728
-
Corporate
21 182
100 500
-
-
communal
-
6 784
-
-
income
3 178
15 076
-
-
surtax
222
1 055
-
-
total
3 400
22 915
-
-
Dividends
17 782
77 585
-
-
withholding
2 667
11 638
-
-
income
11 403
4 680
-
-
total
14 070
16 318
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 942
39 233
39 635
43 919
After tax
54 558
61 267
60 865
56 581
Living cost
50 845
50 845
50 845
50 845
Free-cash
3 713
10 422
10 020
5 736

Estimated living cost  is ₽50845 per week

₽38141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29794
₽42200
₽39223
₽28023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
20 100
health
-
-
-
7 136
surtax
-
-
-
2 507
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
19 735
total
-
-
-
49 691
Employee
31 508
-
83 024
-
surtax
112
-
2 262
-
pensions
2 102
-
5 538
-
other
-
-
-
-
unemployment
2 193
-
5 779
-
income
5 282
-
18 291
-
health
804
-
2 116
-
total
10 493
-
33 986
-
Employer
31 508
-
83 024
-
pensions
4 201
-
11 067
-
other
-
-
-
-
unemployment
1 000
-
2 631
-
health
1 433
-
3 778
-
total
6 634
-
17 476
-
Corporate
62 359
100 500
-
-
income
16 214
26 130
-
-
total
16 214
26 130
-
-
Dividends
46 145
74 370
-
-
withholding
6 921
11 155
-
-
total
6 921
11 155
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 262
37 285
51 462
49 691
After tax
60 238
63 215
49 038
50 809
Living cost
21 015
21 015
21 015
21 015
Free-cash
39 223
42 200
28 023
29 794

Estimated living cost  is ₽21015 per week

₽12688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1827
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.
₽6014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25503
₽27622
₽25545
₽20745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
597
regional
-
-
-
1 515
social contributions
-
-
-
25 849
national
-
-
-
21 833
total
-
-
-
49 794
Employee
51 900
-
100 500
-
social contributions
17 501
-
33 889
-
municipal
275
-
533
-
regional
699
-
1 352
-
national
8 222
-
18 778
-
total
26 697
-
54 552
-
Employer
51 900
-
100 500
-
total
-
-
-
-
Corporate
48 600
100 500
-
-
nationa
11 665
24 120
-
-
municipal
2 415
4 994
-
-
total
14 080
29 114
-
-
Dividends
34 521
71 385
-
-
withholding
8 975
18 561
-
-
total
8 975
18 561
-
-
Income
100 500
100 500
100 500
100 500
Total tax
49 752
47 675
54 552
49 794
After tax
50 748
52 825
45 948
50 706
Living cost
25 203
25 203
25 203
25 203
Free-cash
25 545
27 622
20 745
25 503

Estimated living cost  is ₽25203 per week

₽15674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2553
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20310
₽40556
₽30340
₽22362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 568
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
income
-
-
-
8 638
total
-
-
-
51 552
Employee
42 115
-
75 000
-
social contributions
2 737
-
4 875
-
income
5 054
-
9 000
-
solidarity contribution
-
-
-
-
health
5 686
-
10 125
-
total
13 477
-
24 000
-
Employer
42 115
-
75 000
-
social contributions
10 529
-
18 750
-
health
3 790
-
6 750
-
total
14 319
-
25 500
-
Corporate
44 066
100 500
-
-
income
8 372
19 095
-
-
total
8 372
19 095
-
-
Dividends
35 693
81 405
-
-
withholding
5 354
12 211
-
-
total
5 354
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
41 522
31 306
49 500
51 552
After tax
58 978
69 194
51 000
48 948
Living cost
28 638
28 638
28 638
28 638
Free-cash
30 340
40 556
22 362
20 310

Estimated living cost  is ₽28638 per week

₽21297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20655
₽26471
₽26011
-₽221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 593
health
-
-
-
7 688
surtax
-
-
-
-
unemployment
-
-
-
5 738
income
-
-
-
17 576
chamber of commerce
-
-
-
401
total
-
-
-
49 996
Employee
40 898
37 285
78 040
-
pensions
4 188
3 817
7 991
-
other
408
373
781
-
unemployment
1 227
1 119
2 342
-
income
3 643
2 750
15 655
-
health
1 582
1 443
3 020
-
total
11 048
9 502
29 789
-
Employer
40 898
37 285
78 040
-
payroll
1 227
1 119
2 342
-
chamber of commerce
163
149
312
-
pensions
5 133
4 680
9 794
-
surtax
-
-
-
-
other
1 942
1 770
3 707
-
unemployment
1 227
1 119
2 342
-
accident
531
485
1 014
-
health
1 546
1 410
2 949
-
total
11 769
10 732
22 460
-
Corporate
47 832
52 484
74 489
-
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.

11 958
13 121
18 623
-
total
11 958
13 121
18 623
-
Dividends
35 874
39 363
-
-
withholding
9 865
10 825
-
-
total
9 865
10 825
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 640
44 180
70 872
49 996
After tax
55 860
56 320
29 628
50 504
Living cost
29 849
29 849
29 849
29 849
Free-cash
26 011
26 471
-221
20 655

Estimated living cost  is ₽29849 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3049
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.
₽8363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87602
₽83582
₽81353
₽68507
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 866
-
100 500
-
income
2 973
-
20 100
-
total
2 973
-
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%.

85 634
100 500
-
-
total
-
-
-
-
Dividends
85 634
100 500
-
-
withholding
4 281
5 025
-
-
total
4 281
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
7 254
5 025
20 100
1 005
After tax
93 246
95 475
80 400
99 495
Living cost
11 893
11 893
11 893
11 893
Free-cash
81 353
83 582
68 507
87 602

Estimated living cost  is ₽11893 per week

₽8048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2946
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26598
₽44100
₽36273
₽23714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 353
health
-
-
-
9 889
unemployment
-
-
-
151
income
-
-
-
20 414
total
-
-
-
48 807
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.

41 373
-
86 960
-
pensions
6 413
-
13 480
-
unemployment
59
-
123
-
income
7 135
-
18 930
-
health
2 672
-
5 618
-
total
16 279
-
38 151
-
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.

41 373
-
86 960
-
pensions
3 661
-
7 697
-
unemployment
25
-
51
-
health
2 756
-
5 792
-
total
6 442
-
13 540
-
Corporate
52 686
100 500
-
-
income
10 010
19 095
-
-
total
10 010
19 095
-
-
Dividends
42 675
81 405
-
-
withholding
6 401
12 210
-
-
total
6 401
12 210
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 132
31 305
51 691
48 807
After tax
61 368
69 195
48 809
51 693
Living cost
25 095
25 095
25 095
25 095
Free-cash
36 273
44 100
23 714
26 598

Estimated living cost  is ₽25095 per week

₽17222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1609
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28651
₽20342
-₽40495
₽47258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 504
-
-
-
social contributions
4 797
-
684
-
income
12 905
-
-
-
total
17 702
-
684
-
Employer
58 504
-
-
-
social contributions
82 491
-
11 756
-
total
82 491
-
11 756
-
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
100 193
39 356
12 440
31 047
After tax
307
61 144
88 060
69 453
Living cost
40 802
40 802
40 802
40 802
Free-cash
-40 495
20 342
47 258
28 651

Estimated living cost  is ₽40802 per week

₽26474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26524
₽27817
₽26875
₽20982
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
34 924
income
-
-
-
9 705
total
-
-
-
44 629
Employee
43 031
-
81 213
-
social contributions
4 733
-
8 934
-
surtax
-
-
-
-
income
8 951
-
21 950
-
total
13 684
-
30 884
-
Employer
43 031
-
81 213
-
social contributions
10 220
-
19 287
-
total
10 220
-
19 287
-
Corporate
47 250
100 500
-
-
income
9 923
21 105
-
-
surtax
-
-
-
-
total
9 923
21 105
-
-
Dividends
37 326
79 395
-
-
withholding
10 451
22 231
-
-
total
10 451
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 278
43 336
50 171
44 629
After tax
56 222
57 164
50 329
55 871
Living cost
29 347
29 347
29 347
29 347
Free-cash
26 875
27 817
20 982
26 524

Estimated living cost  is ₽29347 per week

₽21958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12484
₽5462
₽11895
₽17133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 049
health
-
-
-
2 242
surtax
-
-
-
-
other
-
-
-
3 121
social contributions
-
-
-
2 864
income
-
-
-
10 551
total
-
-
-
42 827
Employee
58 599
-
81 255
-
social contributions
1 669
-
2 315
-
surtax
-
-
-
-
pensions
6 628
-
4 116
-
income
5 113
-
12 504
-
total
13 410
-
18 935
-
Employer
58 599
-
81 255
-
pensions
9 628
-
7 204
-
social contributions
176
-
243
-
other
2 022
-
2 804
-
unemployment
2 374
-
3 290
-
health
4 101
-
5 702
-
total
18 301
-
19 243
-
Corporate
23 599
100 500
-
-
income
6 608
28 140
-
-
surtax
-
-
-
-
total
6 608
28 140
-
-
Dividends
16 991
72 360
-
-
withholding
2 175
9 263
-
-
surtax
-
-
-
-
social contributions
2 922
12 446
-
-
total
5 097
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 416
49 849
38 178
42 827
After tax
57 084
50 651
62 322
57 673
Living cost
45 189
45 189
45 189
45 189
Free-cash
11 895
5 462
17 133
12 484

Estimated living cost  is ₽45189 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10289
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48111
₽62327
₽59183
₽50780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 108
income
-
-
-
2 157
total
-
-
-
24 265
Employee
30 079
-
87 012
-
social contributions
1 955
-
5 655
-
income
-
-
2 454
-
total
1 955
-
8 109
-
Employer
30 079
-
87 012
-
social contributions
4 662
-
13 487
-
total
4 662
-
13 487
-
Corporate
65 759
100 500
-
-
income
6 576
10 049
-
-
total
6 576
10 049
-
-
Dividends
59 182
90 451
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
13 193
10 049
21 596
24 265
After tax
87 307
90 451
78 904
76 235
Living cost
28 124
28 124
28 124
28 124
Free-cash
59 183
62 327
50 780
48 111

Estimated living cost  is ₽28124 per week

₽18185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2120
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16909
-₽103122
-₽103122
-₽103122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
19 031
pensions
-
-
-
810
labour market
-
-
-
7 975
national
-
-
-
10 766
total
-
-
-
38 582
Employee
189 972
189 972
189 972
-
municipal
40 453
40 453
40 453
-
national
23 209
23 209
23 209
-
pensions
270
270
270
-
labour market
15 176
15 176
15 176
-
total
79 108
79 108
79 108
-
Employer
189 972
189 972
189 972
-
labour market
15 198
15 198
15 198
-
pensions
540
540
540
-
municipal
40 518
40 518
40 518
-
national
23 249
23 249
23 249
-
total
79 505
79 505
79 505
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
158 613
158 613
158 613
38 582
After tax
-58 113
-58 113
-58 113
61 918
Living cost
45 009
45 009
45 009
45 009
Free-cash
-103 122
-103 122
-103 122
16 909

Estimated living cost  is ₽45009 per week

₽30805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3982
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48317
-₽12486
₽4977
₽31604
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
24 928
total
-
-
-
31 556
Employee
32 447
-
86 454
-
pensions
3 654
-
7 260
-
income
4 451
-
17 064
-
health
3 715
-
9 899
-
total
11 820
-
34 223
-
Employer
32 447
-
86 454
-
pensions
5 276
-
10 484
-
unemployment
795
-
2 118
-
accident
542
-
1 444
-
total
6 613
-
14 046
-
Corporate
61 440
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.

55 296
90 450
-
-
total
55 296
90 450
-
-
Dividends
6 144
10 050
-
-
withholding
1 167
1 909
-
-
total
1 167
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 896
92 359
48 269
31 556
After tax
25 604
8 141
52 231
68 944
Living cost
20 627
20 627
20 627
20 627
Free-cash
4 977
-12 486
31 604
48 317

Estimated living cost  is ₽20627 per week

₽15014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34667
₽30372
₽29053
₽20863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 881
health
-
-
-
1 158
national
-
-
-
10 873
total
-
-
-
29 912
Employee
49 224
-
84 544
-
municipal
8 063
-
13 799
-
national
813
-
6 076
-
pensions
3 322
-
5 706
-
unemployment
739
-
1 268
-
health
368
-
911
-
total
13 305
-
27 760
-
Employer
49 224
-
84 544
-
pensions
8 540
-
14 669
-
unemployment
320
-
550
-
accident
50
-
85
-
health
378
-
652
-
total
9 288
-
15 956
-
Corporate
41 988
100 500
-
-
income
8 398
20 100
-
-
total
8 398
20 100
-
-
Dividends

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

25 193
60 300
-
-
municipal
4 535
10 854
-
-
national
-
3 253
-
-
total
4 535
14 107
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 526
34 207
43 716
29 912
After tax
64 974
66 293
56 784
70 588
Living cost
35 921
35 921
35 921
35 921
Free-cash
29 053
30 372
20 863
34 667

Estimated living cost  is ₽35921 per week

₽23463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3455
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49063
₽51863
₽46771
₽48585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 562
social contributions
-
-
-
15 138
income
-
-
-
12 075
total
-
-
-
29 775
Employee
71 944
71 944
91 239
-
social contributions
2 720
5 971
7 572
-
income
7 833
6 660
11 869
-
health
558
1 223
1 552
-
total
11 111
13 854
20 993
-
Employer
71 944
71 944
91 239
-
social contributions
2 720
5 971
7 572
-
health
605
1 332
1 688
-
total
3 325
7 303
9 260
-
Corporate
64 402
21 254
-
-
income
8 050
2 656
-
-
total
8 050
2 656
-
-
Dividends
56 351
18 597
-
-
withholding
9 581
3 162
-
-
total
9 581
3 162
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 067
26 975
30 253
29 775
After tax
68 433
73 525
70 247
70 725
Living cost
21 662
21 662
21 662
21 662
Free-cash
46 771
51 863
48 585
49 063

Estimated living cost  is ₽21662 per week

₽12982
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2125
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66587
₽68370
₽63608
₽47819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 951
health
-
-
-
3 386
unemployment
-
-
-
27
income
-
-
-
9 694
total
-
-
-
19 058
Employee

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

21 475
-
91 356
-
pensions
3 221
-
13 316
-
unemployment
107
-
444
-
income
1 468
-
7 376
-
health
1 825
-
7 546
-
total
6 621
-
28 682
-
Employer

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

21 475
-
91 356
-
pensions
1 181
-
4 883
-
unemployment
107
-
444
-
health
923
-
3 817
-
total
2 211
-
9 144
-
Corporate
76 814
100 500
-
-
income
6 914
9 044
-
-
total
6 914
9 044
-
-
Dividends
69 900
91 456
-
-
withholding
6 291
8 231
-
-
total
6 291
8 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 037
17 275
37 826
19 058
After tax
78 463
83 225
62 674
81 442
Living cost
14 855
14 855
14 855
14 855
Free-cash
63 608
68 370
47 819
66 587

Estimated living cost  is ₽14855 per week

₽9478
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28829
₽41969
₽37064
₽26865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
19 927
total
-
-
-
45 943
Employee
34 595
-
76 204
-
pensions
1 626
-
3 581
-
other
34
-
76
-
unemployment
536
-
1 181
-
income
6 670
-
18 773
-
total
8 866
-
23 611
-
Employer
34 595
-
76 204
-
pensions
8 164
-
17 984
-
other
277
-
611
-
unemployment
1 903
-
4 192
-
accident
685
-
1 509
-
total
11 029
-
24 296
-
Corporate
54 876
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.

8 231
15 076
-
-
total
8 231
15 076
-
-
Dividends
46 645
85 424
-
-
withholding
9 582
17 727
-
-
total
9 582
17 727
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 708
32 803
47 907
45 943
After tax
62 792
67 697
52 593
54 557
Living cost
25 728
25 728
25 728
25 728
Free-cash
37 064
41 969
26 865
28 829

Estimated living cost  is ₽25728 per week

₽17366
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2473
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62435
₽60891
₽60592
₽62305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
33 953
total
-
-
-
36 244
Employee
2 773
-
99 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
33 884
-
health
139
-
332
-
total
953
-
34 880
-
Employer
2 773
-
99 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
97 103
100 500
-
-
income
21 363
22 110
-
-
total
21 363
22 110
-
-
Dividends
75 740
78 390
-
-
withholding
15 148
15 678
-
-
total
15 148
15 678
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 087
37 788
36 374
36 244
After tax
62 413
62 712
64 126
64 256
Living cost
1 821
1 821
1 821
1 821
Free-cash
60 592
60 891
62 305
62 435

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37838
₽56437
₽51835
₽37838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 971
health
-
-
-
7 119
unemployment
-
-
-
1 037
income
-
-
-
20 361
total
-
-
-
46 488
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.

24 390
-
88 128
-
pensions
3 415
-
9 677
-
unemployment
183
-
518
-
income
3 362
-
20 361
-
health
1 256
-
3 560
-
total
8 216
-
34 116
-
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.

24 390
-
88 128
-
pensions
2 927
-
8 294
-
unemployment
183
-
518
-
health
1 256
-
3 560
-
total
4 366
-
12 372
-
Corporate
71 744
100 500
-
-
income
10 762
15 075
-
-
total
10 762
15 075
-
-
Dividends
60 982
85 425
-
-
withholding
9 147
12 814
-
-
total
9 147
12 814
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 491
27 889
46 488
46 488
After tax
68 009
72 611
54 012
54 012
Living cost
16 174
16 174
16 174
16 174
Free-cash
51 835
56 437
37 838
37 838

Estimated living cost  is ₽16174 per week

₽10890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1251
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30648
₽31941
₽31604
₽25106
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
34 924
income
-
-
-
9 705
total
-
-
-
44 629
Employee
36 313
-
81 213
-
social contributions
3 995
-
8 934
-
surtax
-
-
-
-
income
7 095
-
21 950
-
total
11 090
-
30 884
-
Employer
36 313
-
81 213
-
social contributions
8 624
-
19 287
-
total
8 624
-
19 287
-
Corporate
55 563
100 500
-
-
income
11 669
21 105
-
-
surtax
-
-
-
-
total
11 669
21 105
-
-
Dividends
43 895
79 395
-
-
withholding
12 290
22 231
-
-
total
12 290
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 673
43 336
50 171
44 629
After tax
56 827
57 164
50 329
55 871
Living cost
25 223
25 223
25 223
25 223
Free-cash
31 604
31 941
25 106
30 648

Estimated living cost  is ₽25223 per week

₽17865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21676
₽34816
₽27681
₽19712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 541
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
781
income
-
-
-
19 927
total
-
-
-
45 943
Employee
45 186
-
76 204
-
pensions
2 123
-
3 581
-
other
44
-
76
-
unemployment
700
-
1 181
-
income
9 438
-
18 773
-
total
12 305
-
23 611
-
Employer
45 186
-
76 204
-
pensions
10 664
-
17 984
-
other
362
-
611
-
unemployment
2 486
-
4 192
-
accident
895
-
1 509
-
total
14 407
-
24 296
-
Corporate
40 908
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.

6 136
15 076
-
-
total
6 136
15 076
-
-
Dividends
34 772
85 424
-
-
withholding
7 090
17 727
-
-
total
7 090
17 727
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 938
32 803
47 907
45 943
After tax
60 562
67 697
52 593
54 557
Living cost
32 881
32 881
32 881
32 881
Free-cash
27 681
34 816
19 712
21 676

Estimated living cost  is ₽32881 per week

₽23614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽6248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60605
₽69834
₽64133
₽63855
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 837
health
-
-
-
3 758
unemployment
-
-
-
131
income
-
-
-
15 075
total
-
-
-
23 801
Employee
21 311
-
94 088
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 871
-
2 869
-
income
2 131
-
9 409
-
health
980
-
1 503
-
total
5 216
-
14 140
-
Employer
21 311
-
94 088
-
pensions

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

2 348
-
3 601
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 471
-
2 255
-
total
4 181
-
6 411
-
Corporate
75 008
100 500
-
-
income
7 501
10 050
-
-
total
7 501
10 050
-
-
Dividends
67 507
90 450
-
-
withholding
3 375
4 522
-
-
total
3 375
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 273
14 572
20 551
23 801
After tax
80 227
85 928
79 949
76 699
Living cost
16 094
16 094
16 094
16 094
Free-cash
64 133
69 834
63 855
60 605

Estimated living cost  is ₽16094 per week

₽10644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26330
₽15706
₽27946
₽34510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 180
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.

-
-
-
6 392
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.

-
-
-
1 223
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.

-
-
-
22 254
total
-
-
-
38 049
Employee

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

46 552
-
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.

211
-
1 223
-
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.

3 828
-
22 254
-
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.

6 392
-
6 392
-
total
10 431
-
29 869
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 948
100 500
-
-
trade
7 741
14 422
-
-
income
8 093
15 076
-
-
chamber of commerce
222
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.

446
829
-
-
total
16 502
30 616
-
-
Dividends
37 446
69 883
-
-
withholding
9 005
17 116
-
-
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.

495
941
-
-
total
9 500
18 057
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 433
48 673
29 869
38 049
After tax
64 067
51 827
70 631
62 451
Living cost
36 121
36 121
36 121
36 121
Free-cash
27 946
15 706
34 510
26 330

Estimated living cost  is ₽36121 per week

₽24917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13384
₽17053
₽19120
₽13384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 084
income
-
-
-
24 736
total
-
-
-
33 820
Employee
73 185
-
100 500
-
social contributions
6 080
-
9 084
-
income
13 810
-
24 736
-
total
19 890
-
33 820
-
Employer
73 185
-
100 500
-
total
-
-
-
-
Corporate
27 315
100 500
-
-
income
3 414
12 563
-
-
total
3 414
12 563
-
-
Dividends
23 900
87 937
-
-
withholding
4 780
17 588
-
-
total
4 780
17 588
-
-
Income
100 500
100 500
100 500
100 500
Total tax
28 084
30 151
33 820
33 820
After tax
72 416
70 349
66 680
66 680
Living cost
53 296
53 296
53 296
53 296
Free-cash
19 120
17 053
13 384
13 384

Estimated living cost  is ₽53296 per week

₽40547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4343
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34167
₽26420
₽29689
₽39954
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 738
income
-
-
-
26 632
total
-
-
-
32 370
Employee
42 920
-
96 196
-
social contributions
4 300
-
4 304
-
income
4 657
-
17 975
-
total
8 957
-
22 279
-
Employer
42 920
-
96 196
-
social contributions
4 300
-
4 304
-
total
4 300
-
4 304
-
Corporate
53 280
100 500
-
-
income
18 648
35 174
-
-
total
18 648
35 174
-
-
Dividends
34 632
65 326
-
-
social contributions
4 943
4 943
-
-
total
4 943
4 943
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 848
40 117
26 583
32 370
After tax
63 652
60 383
73 917
68 130
Living cost
33 963
33 963
33 963
33 963
Free-cash
29 689
26 420
39 954
34 167

Estimated living cost  is ₽33963 per week

₽22371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8393
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37137
₽38281
₽36010
₽28060
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 036
income
-
-
-
22 218
total
-
-
-
29 254
Employee
46 820
-
88 360
-
pensions
3 573
-
8 559
-
income
8 526
-
16 169
-
health
611
-
1 462
-
total
12 710
-
26 190
-
Employer
46 820
-
88 360
-
pensions
4 730
-
10 462
-
health
890
-
1 679
-
total
5 620
-
12 141
-
Corporate
48 060
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.

9 131
19 095
-
-
total
9 131
19 095
-
-
Dividends
38 929
81 405
-
-
withholding
2 920
9 015
-
-
total
2 920
9 015
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 381
28 110
38 331
29 254
After tax
70 119
72 390
62 169
71 246
Living cost
34 109
34 109
34 109
34 109
Free-cash
36 010
38 281
28 060
37 137

Estimated living cost  is ₽34109 per week

₽23399
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.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽46275
-₽14528
₽4664
₽29562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 960
health
-
-
-
2 075
other
-
-
-
353
accident
-
-
-
240
income
-
-
-
24 928
total
-
-
-
31 556
Employee
35 659
-
86 454
-
pensions
4 015
-
7 260
-
income
4 892
-
17 064
-
health
4 083
-
9 899
-
total
12 990
-
34 223
-
Employer
35 659
-
86 454
-
pensions
5 798
-
10 484
-
unemployment
874
-
2 118
-
accident
595
-
1 444
-
total
7 267
-
14 046
-
Corporate
57 574
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.

51 816
90 450
-
-
total
51 816
90 450
-
-
Dividends
5 757
10 050
-
-
withholding
1 094
1 909
-
-
total
1 094
1 909
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 167
92 359
48 269
31 556
After tax
27 333
8 141
52 231
68 944
Living cost
22 669
22 669
22 669
22 669
Free-cash
4 664
-14 528
29 562
46 275

Estimated living cost  is ₽22669 per week

₽16637
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1321
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44645
₽71956
₽68269
₽51747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 492
health insurance
-
-
-
7 437
work injury
-
-
-
503
unemployment
-
-
-
1 206
income
-
-
-
15 602
total
-
-
-
43 240
Employee

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

20 184
-
100 500
-
pensions
3 714
-
13 741
-
health insurance
1 494
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
15 602
-
work injury
101
-
373
-
total
7 569
-
36 138
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 316
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
80 316
99 495
-
-
withholding
12 047
14 924
-
-
total
12 047
14 924
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 616
15 929
36 138
43 240
After tax
80 884
84 571
64 362
57 260
Living cost
12 615
12 615
12 615
12 615
Free-cash
68 269
71 956
51 747
44 645

Estimated living cost  is ₽12615 per week

₽7815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3490
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽12804
₽15664
₽11408
₽8206
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
671
regional
-
-
-
2 071
social contributions
-
-
-
25 849
national
-
-
-
21 833
total
-
-
-
50 424
Employee
78 840
-
100 500
-
social contributions
26 584
-
33 889
-
municipal
471
-
600
-
regional
1 190
-
1 755
-
national
13 323
-
18 778
-
total
41 568
-
55 022
-
Employer
78 840
-
100 500
-
total
-
-
-
-
Corporate
21 660
100 500
-
-
nationa
5 199
24 120
-
-
municipal
1 044
4 844
-
-
total
6 243
28 964
-
-
Dividends
15 417
71 536
-
-
withholding
4 009
18 600
-
-
total
4 009
18 600
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 820
47 564
55 022
50 424
After tax
48 680
52 936
45 478
50 076
Living cost
37 272
37 272
37 272
37 272
Free-cash
11 408
15 664
8 206
12 804

Estimated living cost  is ₽37272 per week

₽26181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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