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
₽22373
₽42248
₽33290
₽32755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income

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

-
-
-
22 201
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.

-
-
-
1 221
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.

-
-
-
6 410
trade
-
-
-
8 958
total
-
-
-
38 790
Employee

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

35 888
-
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
-
1 221
-
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.

1 002
-
22 201
-
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.

6 410
-
6 410
-
total
7 467
-
29 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 612
100 500
-
-
income
9 692
15 075
-
-
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.

532
830
-
-
chamber of commerce
235
287
-
-
trade
10 176
15 830
-
-
total
20 635
32 022
-
-
Dividends
43 976
68 479
-
-
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
922
-
-
withholding
10 637
16 763
-
-
total
11 223
17 685
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 325
49 707
29 832
38 790
After tax
61 175
50 793
70 668
61 710
Living cost
28 420
28 420
28 420
28 420
Free-cash
32 755
22 373
42 248
33 290

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽12756
₽11442
₽10654
₽11926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
1 080
municipal
-
-
-
10 492
national
-
-
-
16 258
pensions
-
-
-
12 060
total
-
-
-
39 890
Employee
77 442
-
86 881
-
municipal
9 565
-
10 881
-
pensions
3 098
-
3 475
-
national
14 822
-
16 861
-
total
27 485
-
31 217
-
Employer
77 442
-
86 881
-
pensions
6 195
-
6 951
-
social contributions
832
-
934
-
total
7 027
-
7 885
-
Corporate
10 919
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%.

2 184
20 100
-
-
total
2 184
20 100
-
-
Dividends
8 736
80 400
-
-
withholding
1 922
17 688
-
-
total
1 922
17 688
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 618
37 788
39 102
39 890
After tax
61 882
62 712
61 398
60 610
Living cost
49 956
49 956
49 956
49 956
Free-cash
11 926
12 756
11 442
10 654

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60879
₽37050
₽34053
₽53182
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
100 500
income
-
-
-
14 615
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.

-
-
-
32 311
microenterprise
-
-
-
-
total
-
-
-
46 926
Employee
27 418
-
80 990
-
surtax
-
-
-
-
social contributions

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

3 016
-
8 908
-
income
4 881
-
15 511
-
total
7 897
-
24 419
-
Employer
27 418
-
80 990
-
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.

6 604
-
19 510
-
surtax
-
-
-
-
total
6 604
-
19 510
-
Corporate
66 478
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%.

13 296
20 100
-
-
total
13 296
20 100
-
-
Dividends

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

53 182
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
27 797
20 100
43 929
46 926
After tax
72 703
80 400
56 571
53 574
Living cost
19 521
19 521
19 521
19 521
Free-cash
53 182
60 879
37 050
34 053

Estimated living cost  is ₽19521 per week

₽12454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9484
₽11339
₽17753
₽3733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
20 877
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
43 440
Employee
80 127
80 127
85 525
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
10 769
-
total
39 838
34 570
34 878
-
Employer
80 127
80 127
85 525
-
health
5 570
5 570
5 944
-
pensions
5 577
5 577
5 953
-
unemployment
2 885
2 885
3 079
-
total
14 032
14 032
14 976
-
Corporate
7 324
6 341
-
-
income
1 465
1 268
-
-
total
1 465
1 268
-
-
Dividends
5 859
5 074
-
-
income
1 245
1 079
-
-
withholding
880
760
-
-
total
2 125
1 839
-
-
Income
100 500
100 500
100 500
100 500
Total tax
57 460
51 709
49 854
43 440
After tax
43 040
48 791
50 646
57 060
Living cost
39 307
39 307
39 307
39 307
Free-cash
3 733
9 484
11 339
17 753

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17389
₽16184
₽16345
₽16547
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
22 872
national
-
-
-
-
pensions
-
-
-
8 881
total
-
-
-
46 671
Employee
53 411
-
76 472
-
municipal
15 927
-
22 804
-
national
-
-
-
-
total
15 927
-
22 804
-
Employer
53 411
-
76 472
-
health
3 285
-
4 703
-
pensions
5 774
-
8 267
-
accident
107
-
153
-
unemployment
1 410
-
2 019
-
other
6 206
-
8 886
-
total
16 782
-
24 028
-
Corporate
30 307
100 500
-
-
income
6 668
22 110
-
-
total
6 668
22 110
-
-
Dividends
23 639
78 390
-
-
withholding
7 092
23 517
-
-
total
7 092
23 517
-
-
Income
100 500
100 500
100 500
100 500
Total tax
46 469
45 627
46 832
46 671
After tax
54 031
54 873
53 668
53 829
Living cost
37 484
37 484
37 484
37 484
Free-cash
16 547
17 389
16 184
16 345

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13416
₽33807
₽24452
₽26602
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income

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

-
-
-
22 201
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.

-
-
-
1 221
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.

-
-
-
6 410
trade
-
-
-
9 355
total
-
-
-
39 187
Employee

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

47 583
-
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
-
1 221
-
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.

4 088
-
22 201
-
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.

6 410
-
6 410
-
total
10 722
-
29 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 917
100 500
-
-
income
7 938
15 075
-
-
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.

436
830
-
-
chamber of commerce
217
285
-
-
trade
8 705
16 533
-
-
total
17 296
32 723
-
-
Dividends
35 620
67 778
-
-
surtax

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

470
912
-
-
withholding
8 549
16 588
-
-
total
9 019
17 500
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 037
50 223
29 832
39 187
After tax
63 463
50 277
70 668
61 313
Living cost
36 860
36 860
36 860
36 860
Free-cash
26 602
13 416
33 807
24 452

Estimated living cost  is ₽36860 per week

₽24653
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.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43094
₽39849
₽40299
₽39202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 024
social contributions
-
-
-
15 181
health
-
-
-
2 562
total
-
-
-
29 767
Employee
72 151
72 151
91 239
-
social contributions
3 506
5 988
7 573
-
income
7 576
6 679
11 832
-
health
718
1 227
1 551
-
total
11 800
13 894
20 956
-
Employer
72 151
72 151
91 239
-
health
782
1 335
1 688
-
social contributions
3 506
5 988
7 573
-
total
4 288
7 323
9 261
-
Corporate
53 978
21 025
-
-
income
6 747
2 628
-
-
total
6 747
2 628
-
-
Dividends
47 232
18 397
-
-
withholding
8 029
3 127
-
-
total
8 029
3 127
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 864
26 972
30 217
29 767
After tax
69 636
73 528
70 283
70 733
Living cost
30 434
30 434
30 434
30 434
Free-cash
39 202
43 094
39 849
40 299

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39770
₽41443
₽52804
₽40119
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 286
unemployment
-
-
-
1 508
health
-
-
-
7 035
pensions
-
-
-
10 050
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.

24 275
9 661
84 100
-
unemployment
364
145
1 262
-
pensions
2 428
966
8 410
-
income
2 968
1 181
10 281
-
health
1 699
676
5 887
-
total
7 459
2 968
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.

24 275
9 661
84 100
-
pensions
4 734
1 884
16 400
-
total
4 734
1 884
16 400
-
Corporate
71 491
88 955
-
-
income
6 434
8 006
-
-
total
6 434
8 006
-
-
Dividends
65 057
80 949
-
-
social contributions
12 576
15 675
-
-
withholding
12 361
15 380
-
-
total
24 937
31 055
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 564
43 913
42 240
30 879
After tax
56 936
56 587
58 260
69 621
Living cost
16 817
16 817
16 817
16 817
Free-cash
40 119
39 770
41 443
52 804

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57736
₽35263
₽31204
₽51906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
13 467
health
-
-
-
13 064
pensions
-
-
-
20 101
total
-
-
-
46 632
Employee
26 618
-
75 114
-
unemployment
426
-
1 202
-
pensions
532
-
1 503
-
income
2 997
-
14 482
-
total
3 955
-
17 187
-
Employer
26 618
-
75 114
-
health
3 460
-
9 765
-
pensions
5 324
-
15 021
-
unemployment
214
-
600
-
total
8 998
-
25 386
-
Corporate
64 884
100 500
-
-
income
12 977
20 100
-
-
total
12 977
20 100
-
-
Dividends
51 907
80 400
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
25 930
20 100
42 573
46 632
After tax
74 570
80 400
57 927
53 868
Living cost
22 664
22 664
22 664
22 664
Free-cash
51 906
57 736
35 263
31 204

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
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.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12808
₽31281
₽47996
₽4928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
240
income
-
-
-
24 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
31 556
Employee
32 952
-
86 448
-
pensions
3 710
-
7 264
-
income
4 521
-
17 057
-
health
3 773
-
9 898
-
total
12 004
-
34 219
-
Employer
32 952
-
86 448
-
pensions
5 358
-
10 490
-
accident
550
-
1 444
-
unemployment
807
-
2 118
-
total
6 715
-
14 052
-
Corporate
60 832
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.

54 749
90 450
-
-
total
54 749
90 450
-
-
Dividends
6 083
10 050
-
-
withholding
1 156
1 910
-
-
total
1 156
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 624
92 360
48 271
31 556
After tax
25 876
8 140
52 229
68 944
Living cost
20 948
20 948
20 948
20 948
Free-cash
4 928
-12 808
31 281
47 996

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87914
₽72839
₽91934
₽86496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 450
-
100 500
-
income
1 890
-
20 100
-
total
1 890
-
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%.

91 050
100 500
-
-
total
-
-
-
-
Dividends
91 050
100 500
-
-
withholding
4 553
5 025
-
-
total
4 553
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
6 443
5 025
20 100
1 005
After tax
94 057
95 475
80 400
99 495
Living cost
7 561
7 561
7 561
7 561
Free-cash
86 496
87 914
72 839
91 934

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48835
₽33514
₽29359
₽42502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 826
other
-
-
-
4 774
health
-
-
-
4 421
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.

-
-
-
24 118
total
-
-
-
46 139
Employee
34 069
-
80 272
-
unemployment
340
-
803
-
pensions

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

2 384
-
5 618
-
income
5 865
-
14 211
-
health
477
-
1 124
-
total
9 066
-
21 756
-
Employer
34 069
-
80 272
-
health
477
-
1 124
-
pensions

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

5 792
-
13 645
-
accident
272
-
643
-
unemployment
340
-
803
-
other
1 704
-
4 013
-
total
8 585
-
20 228
-
Corporate
57 845
100 500
-
-
income
12 147
21 106
-
-
total
12 147
21 106
-
-
Dividends
45 698
79 394
-
-
withholding
3 198
5 557
-
-
total
3 198
5 557
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 996
26 663
41 984
46 139
After tax
67 504
73 837
58 516
54 361
Living cost
25 002
25 002
25 002
25 002
Free-cash
42 502
48 835
33 514
29 359

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10068
-₽155
₽8811
-₽346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
21 862
pensions
-
-
-
7 141
total
-
-
-
29 003
Employee
88 691
-
88 389
-
pensions
8 556
-
8 519
-
income
15 987
-
15 884
-
health
1 461
-
1 455
-
total
26 004
-
25 858
-
Employer
88 691
-
88 389
-
health
1 684
-
1 680
-
pensions
10 472
-
10 431
-
total
12 156
-
12 111
-
Corporate
-
100 500
-
-
income

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

-
19 094
-
-
total
-
19 094
-
-
Dividends
-
81 406
-
-
withholding
-
8 652
-
-
total
-
8 652
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 160
27 746
37 969
29 003
After tax
62 340
72 754
62 531
71 497
Living cost
62 686
62 686
62 686
62 686
Free-cash
-346
10 068
-155
8 811

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
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.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73628
₽67621
₽64377
₽69272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 075
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 824
Employee
16 286
-
94 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
9 407
-
health
749
-
1 507
-
total
3 986
-
14 151
-
Employer
16 286
-
94 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
81 018
100 500
-
-
income
8 102
10 050
-
-
total
8 102
10 050
-
-
Dividends
72 917
90 450
-
-
withholding
3 646
4 523
-
-
total
3 646
4 523
-
-
Income
100 500
100 500
100 500
100 500
Total tax
18 929
14 573
20 580
23 824
After tax
81 571
85 927
79 920
76 676
Living cost
12 299
12 299
12 299
12 299
Free-cash
69 272
73 628
67 621
64 377

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3239
-₽1384
₽5030
-₽1723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
20 877
health
-
-
-
11 570
pensions
-
-
-
10 993
total
-
-
-
43 440
Employee
86 993
80 127
85 525
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
10 769
-
total
34 962
34 570
34 878
-
Employer
86 993
80 127
85 525
-
health
6 045
5 570
5 944
-
pensions
6 054
5 577
5 953
-
unemployment
3 132
2 885
3 079
-
total
15 231
14 032
14 976
-
Corporate
-
6 341
-
-
income
-
1 268
-
-
total
-
1 268
-
-
Dividends
-
5 074
-
-
income
-
1 079
-
-
withholding
-
760
-
-
total
-
1 839
-
-
Income
100 500
100 500
100 500
100 500
Total tax
50 193
51 709
49 854
43 440
After tax
50 307
48 791
50 646
57 060
Living cost
52 030
52 030
52 030
52 030
Free-cash
-1 723
-3 239
-1 384
5 030

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46183
₽27989
₽25937
₽37974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
8 638
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
health
-
-
-
13 568
total
-
-
-
51 552
Employee
33 839
-
75 000
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
4 875
-
income
4 061
-
9 000
-
health
4 568
-
10 125
-
total
10 829
-
24 000
-
Employer
33 839
-
75 000
-
health
3 045
-
6 750
-
social contributions
8 460
-
18 750
-
total
11 505
-
25 500
-
Corporate
55 156
100 500
-
-
income
10 480
19 095
-
-
total
10 480
19 095
-
-
Dividends
44 676
81 405
-
-
withholding
6 701
12 211
-
-
total
6 701
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 515
31 306
49 500
51 552
After tax
60 985
69 194
51 000
48 948
Living cost
23 011
23 011
23 011
23 011
Free-cash
37 974
46 183
27 989
25 937

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14027
₽6742
₽11527
₽9128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
1 120
municipal
-
-
-
597
national
-
-
-
21 814
total
-
-
-
49 380
Employee
83 391
-
100 500
-
municipal
442
-
532
-
national
14 450
-
18 761
-
regional
787
-
983
-
social contributions
28 119
-
33 889
-
total
43 798
-
54 165
-
Employer
83 391
-
100 500
-
total
-
-
-
-
Corporate
17 109
100 500
-
-
municipal
668
3 919
-
-
nationa
4 106
24 120
-
-
total
4 774
28 039
-
-
Dividends
12 335
72 461
-
-
withholding
3 207
18 841
-
-
total
3 207
18 841
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 779
46 880
54 165
49 380
After tax
48 721
53 620
46 335
51 120
Living cost
39 593
39 593
39 593
39 593
Free-cash
9 128
14 027
6 742
11 527

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42509
₽28363
₽30151
₽39590
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 697
other
-
-
-
-
surtax
-
-
-
2 498
unemployment
-
-
-
214
health
-
-
-
7 135
pensions
-
-
-
20 100
total
-
-
-
49 644
Employee
31 029
-
83 023
-
other
-
-
-
-
unemployment
2 160
-
5 778
-
pensions
2 069
-
5 538
-
surtax
101
-
2 254
-
income
5 201
-
18 269
-
health
792
-
2 117
-
total
10 323
-
33 956
-
Employer
31 029
-
83 023
-
health
1 412
-
3 778
-
pensions
4 136
-
11 066
-
unemployment
983
-
2 632
-
other
-
-
-
-
total
6 531
-
17 476
-
Corporate
62 940
100 500
-
-
income
16 364
26 130
-
-
total
16 364
26 130
-
-
Dividends
46 576
74 370
-
-
withholding
6 987
11 156
-
-
total
6 987
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 205
37 286
51 432
49 644
After tax
60 295
63 214
49 068
50 856
Living cost
20 705
20 705
20 705
20 705
Free-cash
39 590
42 509
28 363
30 151

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29929
₽19706
₽28672
₽25100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
21 862
pensions
-
-
-
7 141
total
-
-
-
29 003
Employee
59 438
-
88 389
-
pensions
5 045
-
8 519
-
income
10 705
-
15 884
-
health
863
-
1 455
-
total
16 613
-
25 858
-
Employer
59 438
-
88 389
-
health
1 129
-
1 680
-
pensions
6 434
-
10 431
-
total
7 563
-
12 111
-
Corporate
33 498
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.

6 364
19 094
-
-
total
6 364
19 094
-
-
Dividends
27 134
81 406
-
-
withholding
2 035
8 652
-
-
total
2 035
8 652
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 575
27 746
37 969
29 003
After tax
67 925
72 754
62 531
71 497
Living cost
42 825
42 825
42 825
42 825
Free-cash
25 100
29 929
19 706
28 672

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28130
₽4638
₽9631
₽3571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
other

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

-
-
-
2 009
regional
-
-
-
3 541
health
-
-
-
242
city
-
-
-
1 060
national
-
-
-
685
pensions
-
-
-
9 246
total
-
-
-
16 783
Employee
86 700
-
89 953
-
unemployment
-
-
-
-
pensions
7 284
-
7 556
-
national
410
-
479
-
regional
2 839
-
3 016
-
city
930
-
967
-
health
196
-
202
-
total
11 659
-
12 220
-
Employer
86 700
-
89 953
-
health
196
-
202
-
pensions
7 284
-
7 556
-
unemployment
-
-
-
-
other

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

1 733
-
1 798
-
total
9 213
-
9 556
-
Corporate
3 634
100 500
-
-
regional
769
21 256
-
-
national
308
8 542
-
-
total
1 077
29 798
-
-
Dividends
2 557
70 702
-
-
withholding
894
24 746
-
-
total
894
24 746
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 843
54 544
21 776
16 783
After tax
77 657
45 956
78 724
83 717
Living cost
74 086
74 086
74 086
74 086
Free-cash
3 571
-28 130
4 638
9 631

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6777
₽27684
₽17930
₽21992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income

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

-
-
-
22 201
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.

-
-
-
1 221
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.

-
-
-
6 410
trade
-
-
-
9 754
total
-
-
-
39 586
Employee

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

56 390
-
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.

365
-
1 221
-
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.

6 631
-
22 201
-
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.

6 410
-
6 410
-
total
13 406
-
29 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 110
100 500
-
-
income
6 617
15 075
-
-
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.

363
830
-
-
chamber of commerce
205
283
-
-
trade
7 564
17 236
-
-
total
14 749
33 424
-
-
Dividends
29 361
67 076
-
-
surtax

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

385
903
-
-
withholding
6 984
16 412
-
-
total
7 369
17 315
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 524
50 739
29 832
39 586
After tax
64 976
49 761
70 668
60 914
Living cost
42 984
42 984
42 984
42 984
Free-cash
21 992
6 777
27 684
17 930

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18547
₽30274
₽25577
₽24089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
10 512
other
-
-
-
3 121
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
2 228
pensions
-
-
-
24 096
total
-
-
-
42 820
Employee
40 158
-
81 280
-
pensions
4 541
-
4 106
-
surtax
-
-
-
-
social contributions
1 145
-
2 315
-
income
2 370
-
12 485
-
total
8 056
-
18 906
-
Employer
40 158
-
81 280
-
health
2 812
-
5 690
-
pensions
6 597
-
7 187
-
unemployment
1 626
-
3 292
-
social contributions
121
-
244
-
other
1 385
-
2 804
-
total
12 541
-
19 217
-
Corporate
47 801
100 500
-
-
income
13 385
28 141
-
-
surtax
-
-
-
-
total
13 385
28 141
-
-
Dividends
34 416
72 359
-
-
surtax
-
-
-
-
social contributions
5 921
12 446
-
-
withholding
4 405
9 263
-
-
total
10 326
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 308
49 850
38 123
42 820
After tax
56 192
50 650
62 377
57 680
Living cost
32 103
32 103
32 103
32 103
Free-cash
24 089
18 547
30 274
25 577

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21728
₽33455
₽28758
₽26944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
10 512
other
-
-
-
3 121
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
2 228
pensions
-
-
-
24 096
total
-
-
-
42 820
Employee
35 847
-
81 280
-
pensions
4 054
-
4 106
-
surtax
-
-
-
-
social contributions
1 022
-
2 315
-
income
1 848
-
12 485
-
total
6 924
-
18 906
-
Employer
35 847
-
81 280
-
health
2 509
-
5 690
-
pensions
5 890
-
7 187
-
unemployment
1 451
-
3 292
-
social contributions
107
-
244
-
other
1 238
-
2 804
-
total
11 195
-
19 217
-
Corporate
53 459
100 500
-
-
income
14 968
28 141
-
-
surtax
-
-
-
-
total
14 968
28 141
-
-
Dividends
38 491
72 359
-
-
surtax
-
-
-
-
social contributions
6 620
12 446
-
-
withholding
4 927
9 263
-
-
total
11 547
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 634
49 850
38 123
42 820
After tax
55 866
50 650
62 377
57 680
Living cost
28 922
28 922
28 922
28 922
Free-cash
26 944
21 728
33 455
28 758

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41418
₽44475
₽44644
₽41904
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 075
social contributions
-
-
-
13 869
health
-
-
-
7 016
total
-
-
-
35 960
Employee
31 814
-
100 500
-
social contributions
4 391
-
13 869
-
income
5 306
-
15 244
-
health
2 220
-
7 016
-
total
11 917
-
36 129
-
Employer
31 814
-
100 500
-
total
-
-
-
-
Corporate
68 686
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%.

3 435
5 025
-
-
total
3 435
5 025
-
-
Dividends
65 251
95 475
-
-
social contributions
9 005
13 175
-
-
withholding
9 788
14 321
-
-
health
4 555
6 665
-
-
total
23 348
34 161
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 700
39 186
36 129
35 960
After tax
61 800
61 314
64 371
64 540
Living cost
19 896
19 896
19 896
19 896
Free-cash
41 904
41 418
44 475
44 644

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23163
-₽3430
₽17277
₽21712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
17 537
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
402
health
-
-
-
7 689
pensions
-
-
-
18 593
total
-
-
-
50 161
Employee
46 892
37 393
77 897
-
other
468
374
778
-
unemployment
1 407
1 122
2 336
-
pensions
4 802
3 828
7 977
-
income
5 338
2 758
15 575
-
health
1 814
1 448
3 015
-
total
13 829
9 530
29 681
-
Employer
46 892
37 393
77 897
-
chamber of commerce
187
150
312
-
health
1 772
1 414
2 945
-
pensions
5 885
4 694
9 776
-
accident
609
486
1 013
-
unemployment
1 407
1 122
2 336
-
surtax
185
185
185
-
payroll
1 407
1 122
2 336
-
other
2 228
1 775
3 700
-
total
13 680
10 948
22 603
-
Corporate
39 929
52 160
74 336
-
income

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

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

9 982
13 039
18 584
-
total
9 982
13 039
18 584
-
Dividends
29 947
39 121
-
-
withholding
8 235
10 758
-
-
total
8 235
10 758
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 726
44 275
70 868
50 161
After tax
54 774
56 225
29 632
50 339
Living cost
33 062
33 062
33 062
33 062
Free-cash
21 712
23 163
-3 430
17 277

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22129
₽4566
₽12177
₽8057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
communal

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

-
-
-
5 068
social contributions
-
-
-
16 038
national
-
-
-
33 005
total
-
-
-
54 111
Employee

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

67 117
-
77 842
-
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.

584
-
677
-
communal

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

3 501
-
4 060
-
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.

5 034
-
5 839
-
national
20 635
-
24 830
-
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.

3 153
-
3 659
-
total
32 907
-
39 065
-
Employer

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

67 117
-
77 842
-
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.

4 127
-
4 786
-
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.

5 947
-
6 896
-
accident

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

872
-
1 011
-
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.

979
-
1 136
-
surtax
7 610
-
8 828
-
total
19 535
-
22 657
-
Corporate
13 846
100 500
-
-
income
2 769
20 100
-
-
surtax
55
402
-
-
total
2 824
20 502
-
-
Dividends
11 022
79 998
-
-
withholding

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

2 965
23 657
-
-
total
2 965
23 657
-
-
Income
100 500
100 500
100 500
100 500
Total tax
58 231
44 159
61 722
54 111
After tax
42 269
56 341
38 778
46 389
Living cost
34 212
34 212
34 212
34 212
Free-cash
8 057
22 129
4 566
12 177

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33813
₽18728
₽20645
₽26340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
783
income
-
-
-
19 878
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 969
Employee
46 707
-
76 205
-
other
46
-
77
-
unemployment
725
-
1 181
-
pensions
2 195
-
3 581
-
income
9 855
-
18 752
-
total
12 821
-
23 591
-
Employer
46 707
-
76 205
-
pensions
11 022
-
17 984
-
accident
924
-
1 508
-
unemployment
2 569
-
4 192
-
other
372
-
611
-
total
14 887
-
24 295
-
Corporate
38 906
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.

5 835
15 075
-
-
total
5 835
15 075
-
-
Dividends
33 071
85 425
-
-
withholding
6 731
17 726
-
-
total
6 731
17 726
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 274
32 801
47 886
45 969
After tax
60 226
67 699
52 614
54 531
Living cost
33 886
33 886
33 886
33 886
Free-cash
26 340
33 813
18 728
20 645

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10284
₽9925
₽5628
₽3571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
communal
-
-
-
6 351
accident
-
-
-
848
income
-
-
-
9 576
surtax
-
-
-
4 982
health
-
-
-
7 060
pensions
-
-
-
15 064
total
-
-
-
43 881
Employee
71 057
-
89 772
-
pensions
5 684
-
7 181
-
surtax
4 355
-
5 502
-
income
6 863
-
12 177
-
health
3 162
-
3 996
-
total
20 064
-
28 856
-
Employer
71 057
-
89 772
-
health
2 167
-
2 739
-
pensions
5 684
-
7 181
-
accident
639
-
808
-
total
8 490
-
10 728
-
Corporate
20 953
100 500
-
-
communal
-
6 784
-
-
income
3 143
15 075
-
-
surtax
221
1 056
-
-
total
3 364
22 915
-
-
Dividends
17 589
77 585
-
-
income
11 381
4 672
-
-
withholding
2 639
11 638
-
-
total
14 020
16 310
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 938
39 225
39 584
43 881
After tax
54 562
61 275
60 916
56 619
Living cost
50 991
50 991
50 991
50 991
Free-cash
3 571
10 284
9 925
5 628

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42139
₽27993
₽29781
₽39155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 697
other
-
-
-
-
surtax
-
-
-
2 498
unemployment
-
-
-
214
health
-
-
-
7 135
pensions
-
-
-
20 100
total
-
-
-
49 644
Employee
31 599
-
83 023
-
other
-
-
-
-
unemployment
2 199
-
5 778
-
pensions
2 108
-
5 538
-
surtax
112
-
2 254
-
income
5 297
-
18 269
-
health
807
-
2 117
-
total
10 523
-
33 956
-
Employer
31 599
-
83 023
-
health
1 437
-
3 778
-
pensions
4 213
-
11 066
-
unemployment
1 002
-
2 632
-
other
-
-
-
-
total
6 652
-
17 476
-
Corporate
62 249
100 500
-
-
income
16 184
26 130
-
-
total
16 184
26 130
-
-
Dividends
46 065
74 370
-
-
withholding
6 911
11 156
-
-
total
6 911
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 270
37 286
51 432
49 644
After tax
60 230
63 214
49 068
50 856
Living cost
21 075
21 075
21 075
21 075
Free-cash
39 155
42 139
27 993
29 781

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27550
₽20690
₽25448
₽25468
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
1 516
municipal
-
-
-
597
national
-
-
-
21 814
total
-
-
-
49 776
Employee
52 049
-
100 500
-
municipal
276
-
532
-
national
8 246
-
18 761
-
regional
701
-
1 352
-
social contributions
17 551
-
33 889
-
total
26 774
-
54 534
-
Employer
52 049
-
100 500
-
total
-
-
-
-
Corporate
48 451
100 500
-
-
municipal
2 407
4 995
-
-
nationa
11 627
24 120
-
-
total
14 034
29 115
-
-
Dividends
34 416
71 385
-
-
withholding
8 948
18 559
-
-
total
8 948
18 559
-
-
Income
100 500
100 500
100 500
100 500
Total tax
49 756
47 674
54 534
49 776
After tax
50 744
52 826
45 966
50 724
Living cost
25 276
25 276
25 276
25 276
Free-cash
25 468
27 550
20 690
25 448

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40839
₽22645
₽20593
₽30723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
8 638
social contributions
-
-
-
29 346
solidarity contribution
-
-
-
-
health
-
-
-
13 568
total
-
-
-
51 552
Employee
41 699
-
75 000
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
4 875
-
income
5 004
-
9 000
-
health
5 629
-
10 125
-
total
13 343
-
24 000
-
Employer
41 699
-
75 000
-
health
3 753
-
6 750
-
social contributions
10 425
-
18 750
-
total
14 178
-
25 500
-
Corporate
44 624
100 500
-
-
income
8 479
19 095
-
-
total
8 479
19 095
-
-
Dividends
36 145
81 405
-
-
withholding
5 422
12 211
-
-
total
5 422
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
41 422
31 306
49 500
51 552
After tax
59 078
69 194
51 000
48 948
Living cost
28 355
28 355
28 355
28 355
Free-cash
30 723
40 839
22 645
20 593

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26390
-₽272
₽20589
₽25928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
17 537
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
402
health
-
-
-
7 689
pensions
-
-
-
18 593
total
-
-
-
49 976
Employee
41 016
37 393
78 039
-
other
410
374
780
-
unemployment
1 230
1 122
2 342
-
pensions
4 200
3 828
7 991
-
income
3 654
2 758
15 623
-
health
1 587
1 448
3 020
-
total
11 081
9 530
29 756
-
Employer
41 016
37 393
78 039
-
chamber of commerce
164
150
312
-
health
1 551
1 414
2 950
-
pensions
5 148
4 694
9 793
-
accident
532
486
1 015
-
unemployment
1 230
1 122
2 342
-
surtax
-
-
-
-
payroll
1 230
1 122
2 342
-
other
1 948
1 775
3 707
-
total
11 803
10 763
22 461
-
Corporate
47 680
52 345
74 478
-
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.

11 919
13 086
18 620
-
total
11 919
13 086
18 620
-
Dividends
35 761
39 259
-
-
withholding
9 834
10 796
-
-
total
9 834
10 796
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 637
44 175
70 837
49 976
After tax
55 863
56 325
29 663
50 524
Living cost
29 935
29 935
29 935
29 935
Free-cash
25 928
26 390
-272
20 589

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
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.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83693
₽68618
₽87713
₽81483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 727
-
100 500
-
income
2 946
-
20 100
-
total
2 946
-
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%.

85 773
100 500
-
-
total
-
-
-
-
Dividends
85 773
100 500
-
-
withholding
4 289
5 025
-
-
total
4 289
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
7 235
5 025
20 100
1 005
After tax
93 265
95 475
80 400
99 495
Living cost
11 782
11 782
11 782
11 782
Free-cash
81 483
83 693
68 618
87 713

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44027
₽23657
₽26535
₽36177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
100 500
income
-
-
-
20 402
unemployment
-
-
-
151
health
-
-
-
9 890
pensions
-
-
-
18 355
total
-
-
-
48 798
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.

41 492
-
86 960
-
unemployment
59
-
121
-
pensions
6 432
-
13 479
-
income
7 155
-
18 918
-
health
2 680
-
5 618
-
total
16 326
-
38 136
-
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.

41 492
-
86 960
-
health
2 764
-
5 792
-
pensions
3 672
-
7 696
-
unemployment
25
-
52
-
total
6 461
-
13 540
-
Corporate
52 548
100 500
-
-
income
9 984
19 095
-
-
total
9 984
19 095
-
-
Dividends
42 564
81 405
-
-
withholding
6 385
12 211
-
-
total
6 385
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 156
31 306
51 676
48 798
After tax
61 344
69 194
48 824
51 702
Living cost
25 167
25 167
25 167
25 167
Free-cash
36 177
44 027
23 657
26 535

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21064
₽48200
₽29374
-₽37999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
19 589
social contributions
-
-
-
11 457
total
-
-
-
31 046
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
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
98 419
39 356
12 220
31 046
After tax
2 081
61 144
88 280
69 454
Living cost
40 080
40 080
40 080
40 080
Free-cash
-37 999
21 064
48 200
29 374

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27731
₽20929
₽26453
₽26788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income
-
-
-
9 692
surtax
-
-
-
-
social contributions

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

-
-
-
34 923
total
-
-
-
44 615
Employee
43 155
-
81 212
-
surtax
-
-
-
-
social contributions
4 747
-
8 933
-
income
8 976
-
21 918
-
total
13 723
-
30 851
-
Employer
43 155
-
81 212
-
social contributions
10 249
-
19 288
-
total
10 249
-
19 288
-
Corporate
47 096
100 500
-
-
income
9 890
21 106
-
-
surtax
-
-
-
-
total
9 890
21 106
-
-
Dividends
37 207
79 394
-
-
withholding
10 418
22 231
-
-
total
10 418
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 280
43 337
50 139
44 615
After tax
56 220
57 163
50 361
55 885
Living cost
29 432
29 432
29 432
29 432
Free-cash
26 788
27 731
20 929
26 453

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5331
₽17058
₽12361
₽11782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
10 512
other
-
-
-
3 121
surtax
-
-
-
-
social contributions
-
-
-
2 863
health
-
-
-
2 228
pensions
-
-
-
24 096
total
-
-
-
42 820
Employee
58 768
-
81 280
-
pensions
6 647
-
4 106
-
surtax
-
-
-
-
social contributions
1 674
-
2 315
-
income
5 128
-
12 485
-
total
13 449
-
18 906
-
Employer
58 768
-
81 280
-
health
4 113
-
5 690
-
pensions
9 656
-
7 187
-
unemployment
2 381
-
3 292
-
social contributions
176
-
244
-
other
2 028
-
2 804
-
total
18 354
-
19 217
-
Corporate
23 378
100 500
-
-
income
6 546
28 141
-
-
surtax
-
-
-
-
total
6 546
28 141
-
-
Dividends
16 832
72 359
-
-
surtax
-
-
-
-
social contributions
2 895
12 446
-
-
withholding
2 155
9 263
-
-
total
5 050
21 709
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 399
49 850
38 123
42 820
After tax
57 101
50 650
62 377
57 680
Living cost
45 319
45 319
45 319
45 319
Free-cash
11 782
5 331
17 058
12 361

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62245
₽50714
₽48045
₽59094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
2 140
social contributions
-
-
-
22 110
total
-
-
-
24 250
Employee
30 166
-
87 012
-
income
-
-
2 438
-
social contributions
1 960
-
5 655
-
total
1 960
-
8 093
-
Employer
30 166
-
87 012
-
social contributions
4 676
-
13 488
-
total
4 676
-
13 488
-
Corporate
65 659
100 500
-
-
income
6 565
10 050
-
-
total
6 565
10 050
-
-
Dividends
59 094
90 450
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
13 201
10 050
21 581
24 250
After tax
87 299
90 450
78 919
76 250
Living cost
28 205
28 205
28 205
28 205
Free-cash
59 094
62 245
50 714
48 045

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103926
-₽103926
₽16754
-₽103926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
labour market
-
-
-
7 975
municipal
-
-
-
19 011
national
-
-
-
10 760
pensions
-
-
-
813
total
-
-
-
38 559
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
159 239
159 239
159 239
38 559
After tax
-58 739
-58 739
-58 739
61 941
Living cost
45 187
45 187
45 187
45 187
Free-cash
-103 926
-103 926
-103 926
16 754

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12499
₽31590
₽48305
₽4974
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
240
income
-
-
-
24 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
31 556
Employee
32 466
-
86 448
-
pensions
3 656
-
7 264
-
income
4 454
-
17 057
-
health
3 718
-
9 898
-
total
11 828
-
34 219
-
Employer
32 466
-
86 448
-
pensions
5 279
-
10 490
-
accident
542
-
1 444
-
unemployment
796
-
2 118
-
total
6 617
-
14 052
-
Corporate
61 417
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.

55 275
90 450
-
-
total
55 275
90 450
-
-
Dividends
6 142
10 050
-
-
withholding
1 167
1 910
-
-
total
1 167
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
74 887
92 360
48 271
31 556
After tax
25 613
8 140
52 229
68 944
Living cost
20 639
20 639
20 639
20 639
Free-cash
4 974
-12 499
31 590
48 305

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
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.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30287
₽20780
₽34594
₽28936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
health
-
-
-
1 156
municipal
-
-
-
17 883
national
-
-
-
10 843
total
-
-
-
29 882
Employee
49 366
-
84 546
-
municipal
8 086
-
13 800
-
unemployment
741
-
1 268
-
pensions
3 332
-
5 707
-
national
816
-
6 056
-
health
369
-
910
-
total
13 344
-
27 741
-
Employer
49 366
-
84 546
-
health
379
-
652
-
pensions
8 565
-
14 669
-
accident
50
-
84
-
unemployment
321
-
550
-
total
9 315
-
15 955
-
Corporate
41 819
100 500
-
-
income
8 364
20 100
-
-
total
8 364
20 100
-
-
Dividends

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

25 092
60 300
-
-
municipal
4 517
10 855
-
-
national
-
3 234
-
-
total
4 517
14 089
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 540
34 189
43 696
29 882
After tax
64 960
66 311
56 804
70 618
Living cost
36 024
36 024
36 024
36 024
Free-cash
28 936
30 287
20 780
34 594

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51804
₽48559
₽49009
₽46696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
12 024
social contributions
-
-
-
15 181
health
-
-
-
2 562
total
-
-
-
29 767
Employee
72 151
72 151
91 239
-
social contributions
2 728
5 988
7 573
-
income
7 856
6 679
11 832
-
health
559
1 227
1 551
-
total
11 143
13 894
20 956
-
Employer
72 151
72 151
91 239
-
health
607
1 335
1 688
-
social contributions
2 728
5 988
7 573
-
total
3 335
7 323
9 261
-
Corporate
64 298
21 025
-
-
income
8 038
2 628
-
-
total
8 038
2 628
-
-
Dividends
56 260
18 397
-
-
withholding
9 564
3 127
-
-
total
9 564
3 127
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 080
26 972
30 217
29 767
After tax
68 420
73 528
70 283
70 733
Living cost
21 724
21 724
21 724
21 724
Free-cash
46 696
51 804
48 559
49 009

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68326
₽47700
₽66521
₽63553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
100 500
income
-
-
-
9 690
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
19 082
Employee

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

21 537
-
91 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
7 365
-
health
1 830
-
7 568
-
total
6 640
-
28 733
-
Employer

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

21 537
-
91 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
76 746
100 500
-
-
income
6 907
9 045
-
-
total
6 907
9 045
-
-
Dividends
69 839
91 455
-
-
withholding
6 286
8 232
-
-
total
6 286
8 232
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 050
17 277
37 903
19 082
After tax
78 450
83 223
62 597
81 418
Living cost
14 897
14 897
14 897
14 897
Free-cash
63 553
68 326
47 700
66 521

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41897
₽26812
₽28729
₽36975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
783
income
-
-
-
19 878
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 969
Employee
34 695
-
76 205
-
other
34
-
77
-
unemployment
538
-
1 181
-
pensions
1 631
-
3 581
-
income
6 689
-
18 752
-
total
8 892
-
23 591
-
Employer
34 695
-
76 205
-
pensions
8 187
-
17 984
-
accident
687
-
1 508
-
unemployment
1 909
-
4 192
-
other
278
-
611
-
total
11 061
-
24 295
-
Corporate
54 744
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.

8 212
15 075
-
-
total
8 212
15 075
-
-
Dividends
46 532
85 425
-
-
withholding
9 558
17 726
-
-
total
9 558
17 726
-
-
Income
100 500
100 500
100 500
100 500
Total tax
37 723
32 801
47 886
45 969
After tax
62 777
67 699
52 614
54 531
Living cost
25 802
25 802
25 802
25 802
Free-cash
36 975
41 897
26 812
28 729

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60812
₽62174
₽62309
₽60500
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
33 900
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
36 291
Employee
2 894
-
98 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
33 827
-
health
145
-
347
-
total
994
-
34 867
-
Employer
2 894
-
98 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
96 954
100 500
-
-
income
21 330
22 110
-
-
total
21 330
22 110
-
-
Dividends
75 624
78 390
-
-
withholding
15 125
15 678
-
-
total
15 125
15 678
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 100
37 788
36 426
36 291
After tax
62 400
62 712
64 074
64 209
Living cost
1 900
1 900
1 900
1 900
Free-cash
60 500
60 812
62 174
62 309

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56415
₽37801
₽37801
₽51807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
100 500
income
-
-
-
20 341
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
46 503
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.

24 423
-
88 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
20 341
-
health
1 258
-
3 564
-
total
8 227
-
34 114
-
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.

24 423
-
88 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
71 705
100 500
-
-
income
10 756
15 075
-
-
total
10 756
15 075
-
-
Dividends
60 949
85 425
-
-
withholding
9 142
12 814
-
-
total
9 142
12 814
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 497
27 889
46 503
46 503
After tax
68 003
72 611
53 997
53 997
Living cost
16 196
16 196
16 196
16 196
Free-cash
51 807
56 415
37 801
37 801

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31867
₽25065
₽30589
₽31531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income
-
-
-
9 692
surtax
-
-
-
-
social contributions

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

-
-
-
34 923
total
-
-
-
44 615
Employee
36 418
-
81 212
-
surtax
-
-
-
-
social contributions
4 006
-
8 933
-
income
7 116
-
21 918
-
total
11 122
-
30 851
-
Employer
36 418
-
81 212
-
social contributions
8 648
-
19 288
-
total
8 648
-
19 288
-
Corporate
55 434
100 500
-
-
income
11 642
21 106
-
-
surtax
-
-
-
-
total
11 642
21 106
-
-
Dividends
43 792
79 394
-
-
withholding
12 261
22 231
-
-
total
12 261
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 673
43 337
50 139
44 615
After tax
56 827
57 163
50 361
55 885
Living cost
25 296
25 296
25 296
25 296
Free-cash
31 531
31 867
25 065
30 589

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34723
₽19638
₽21555
₽27566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
783
income
-
-
-
19 878
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 969
Employee
45 316
-
76 205
-
other
45
-
77
-
unemployment
702
-
1 181
-
pensions
2 130
-
3 581
-
income
9 465
-
18 752
-
total
12 342
-
23 591
-
Employer
45 316
-
76 205
-
pensions
10 694
-
17 984
-
accident
897
-
1 508
-
unemployment
2 493
-
4 192
-
other
363
-
611
-
total
14 447
-
24 295
-
Corporate
40 736
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.

6 111
15 075
-
-
total
6 111
15 075
-
-
Dividends
34 625
85 425
-
-
withholding
7 058
17 726
-
-
total
7 058
17 726
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 958
32 801
47 886
45 969
After tax
60 542
67 699
52 614
54 531
Living cost
32 976
32 976
32 976
32 976
Free-cash
27 566
34 723
19 638
21 555

Estimated living cost  is ₽32976 per week

₽23682
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.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69790
₽63783
₽60539
₽64073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
15 075
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 824
Employee
21 368
-
94 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
9 407
-
health
983
-
1 507
-
total
5 231
-
14 151
-
Employer
21 368
-
94 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
74 940
100 500
-
-
income
7 494
10 050
-
-
total
7 494
10 050
-
-
Dividends
67 446
90 450
-
-
withholding
3 372
4 523
-
-
total
3 372
4 523
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 290
14 573
20 580
23 824
After tax
80 210
85 927
79 920
76 676
Living cost
16 137
16 137
16 137
16 137
Free-cash
64 073
69 790
63 783
60 539

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15602
₽34443
₽26281
₽27881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income

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

-
-
-
22 201
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.

-
-
-
1 221
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.

-
-
-
6 410
trade
-
-
-
8 162
total
-
-
-
37 994
Employee

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

46 686
-
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.

212
-
1 221
-
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.

3 839
-
22 201
-
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.

6 410
-
6 410
-
total
10 461
-
29 832
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 814
100 500
-
-
income
8 072
15 075
-
-
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.

443
830
-
-
chamber of commerce
221
290
-
-
trade
7 723
14 421
-
-
total
16 459
30 616
-
-
Dividends
37 355
69 884
-
-
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.

493
942
-
-
withholding
8 981
17 115
-
-
total
9 474
18 057
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 394
48 673
29 832
37 994
After tax
64 106
51 827
70 668
62 506
Living cost
36 225
36 225
36 225
36 225
Free-cash
27 881
15 602
34 443
26 281

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16901
₽13279
₽13279
₽18969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
24 692
social contributions
-
-
-
9 079
total
-
-
-
33 771
Employee
73 396
-
100 500
-
income
13 850
-
24 692
-
social contributions
6 098
-
9 079
-
total
19 948
-
33 771
-
Employer
73 396
-
100 500
-
total
-
-
-
-
Corporate
27 104
100 500
-
-
income
3 389
12 562
-
-
total
3 389
12 562
-
-
Dividends
23 715
87 938
-
-
withholding
4 744
17 587
-
-
total
4 744
17 587
-
-
Income
100 500
100 500
100 500
100 500
Total tax
28 081
30 149
33 771
33 771
After tax
72 419
70 351
66 729
66 729
Living cost
53 450
53 450
53 450
53 450
Free-cash
18 969
16 901
13 279
13 279

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26308
₽39853
₽34043
₽29585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
100 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
96 184
-
income
4 671
-
17 954
-
social contributions
4 313
-
4 316
-
total
8 984
-
22 270
-
Employer
43 044
-
96 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
53 143
100 500
-
-
income
18 600
35 174
-
-
total
18 600
35 174
-
-
Dividends
34 543
65 326
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 854
40 131
26 586
32 396
After tax
63 646
60 369
73 914
68 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
29 585
26 308
39 853
34 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37939
₽27716
₽36682
₽35195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
21 862
pensions
-
-
-
7 141
total
-
-
-
29 003
Employee
47 789
-
88 389
-
pensions
3 648
-
8 519
-
income
8 703
-
15 884
-
health
623
-
1 455
-
total
12 974
-
25 858
-
Employer
47 789
-
88 389
-
health
908
-
1 680
-
pensions
4 828
-
10 431
-
total
5 736
-
12 111
-
Corporate
46 974
100 500
-
-
income

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

8 926
19 094
-
-
total
8 926
19 094
-
-
Dividends
38 049
81 406
-
-
withholding
2 853
8 652
-
-
total
2 853
8 652
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 489
27 746
37 969
29 003
After tax
70 011
72 754
62 531
71 497
Living cost
34 815
34 815
34 815
34 815
Free-cash
35 195
37 939
27 716
36 682

Estimated living cost  is ₽34815 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

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
-₽14542
₽29547
₽46262
₽4662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
accident
-
-
-
240
income
-
-
-
24 924
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
31 556
Employee
35 680
-
86 448
-
pensions
4 018
-
7 264
-
income
4 895
-
17 057
-
health
4 085
-
9 898
-
total
12 998
-
34 219
-
Employer
35 680
-
86 448
-
pensions
5 801
-
10 490
-
accident
596
-
1 444
-
unemployment
874
-
2 118
-
total
7 271
-
14 052
-
Corporate
57 549
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.

51 794
90 450
-
-
total
51 794
90 450
-
-
Dividends
5 755
10 050
-
-
withholding
1 093
1 910
-
-
total
1 093
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 156
92 360
48 271
31 556
After tax
27 344
8 140
52 229
68 944
Living cost
22 682
22 682
22 682
22 682
Free-cash
4 662
-14 542
29 547
46 262

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
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.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽71894
₽51596
₽44596
₽68185
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
income
-
-
-
15 590
unemployment
-
-
-
1 206
work injury
-
-
-
502
health insurance
-
-
-
7 437
pensions
-
-
-
18 492
total
-
-
-
43 227
Employee

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

20 283
-
100 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
15 590
-
total
7 605
-
36 227
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 217
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
80 217
99 495
-
-
withholding
12 033
14 924
-
-
total
12 033
14 924
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 638
15 929
36 227
43 227
After tax
80 862
84 571
64 273
57 273
Living cost
12 677
12 677
12 677
12 677
Free-cash
68 185
71 894
51 596
44 596

Estimated living cost  is ₽12677 per week

₽7853
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.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15557
₽8117
₽12718
₽11287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
social contributions
-
-
-
25 849
regional
-
-
-
2 068
municipal
-
-
-
671
national
-
-
-
21 814
total
-
-
-
50 402
Employee
79 067
-
100 500
-
municipal
472
-
600
-
national
13 362
-
18 761
-
regional
1 194
-
1 753
-
social contributions
26 661
-
33 889
-
total
41 689
-
55 003
-
Employer
79 067
-
100 500
-
total
-
-
-
-
Corporate
21 433
100 500
-
-
municipal
1 033
4 843
-
-
nationa
5 144
24 120
-
-
total
6 177
28 963
-
-
Dividends
15 256
71 537
-
-
withholding
3 967
18 600
-
-
total
3 967
18 600
-
-
Income
100 500
100 500
100 500
100 500
Total tax
51 833
47 563
55 003
50 402
After tax
48 667
52 937
45 497
50 098
Living cost
37 380
37 380
37 380
37 380
Free-cash
11 287
15 557
8 117
12 718

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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