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
₽20043
₽31280
₽32522
₽40911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
trade
-
-
-
8 389
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.

-
-
-
20 733
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.

-
-
-
6 941
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.

-
-
-
1 140
total
-
-
-
37 203
Employee

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

38 861
-
100 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
1 140
-
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.

1 086
-
20 733
-
total
8 087
-
28 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 639
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.

509
829
-
-
income
9 245
15 074
-
-
trade
9 708
15 828
-
-
chamber of commerce
243
299
-
-
total
19 705
32 030
-
-
Dividends
41 933
68 470
-
-
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.

555
920
-
-
withholding
10 098
16 732
-
-
total
10 653
17 652
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 445
49 682
28 814
37 203
After tax
62 055
50 818
71 686
63 297
Living cost
30 775
30 775
30 775
30 775
Free-cash
31 280
20 043
40 911
32 522

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11444
₽10592
₽9424
₽10212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
10 460
pensions
-
-
-
12 060
national
-
-
-
16 208
social contributions
-
-
-
1 080
total
-
-
-
39 808
Employee
79 474
-
86 881
-
municipal
9 816
-
10 849
-
pensions
3 179
-
3 475
-
national
15 211
-
16 811
-
total
28 206
-
31 135
-
Employer
79 474
-
86 881
-
social contributions
854
-
934
-
pensions
6 358
-
6 951
-
total
7 212
-
7 885
-
Corporate
8 568
100 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 714
20 100
-
-
total
1 714
20 100
-
-
Dividends
6 854
80 400
-
-
withholding
1 508
17 688
-
-
total
1 508
17 688
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 640
37 788
39 020
39 808
After tax
61 860
62 712
61 480
60 692
Living cost
51 268
51 268
51 268
51 268
Free-cash
10 592
11 444
10 212
9 424

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59261
₽50929
₽32525
₽35522
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
14 526
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
total
-
-
-
46 837
Employee
29 689
-
80 989
-
social contributions

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

3 266
-
8 908
-
surtax
-
-
-
-
income
5 285
-
15 421
-
total
8 551
-
24 329
-
Employer
29 689
-
80 989
-
social contributions

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

7 151
-
19 511
-
surtax
-
-
-
-
total
7 151
-
19 511
-
Corporate
63 659
100 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

12 731
20 101
-
-
total
12 731
20 101
-
-
Dividends

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

50 928
80 399
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
28 433
20 101
43 840
46 837
After tax
72 067
80 399
56 660
53 663
Living cost
21 138
21 138
21 138
21 138
Free-cash
50 929
59 261
35 522
32 525

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽5309
-₽395
₽14487
-₽395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 435
pensions
-
-
-
11 904
health
-
-
-
12 111
total
-
-
-
43 450
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
58 332
52 628
58 332
43 450
After tax
42 168
47 872
42 168
57 050
Living cost
42 563
42 563
42 563
42 563
Free-cash
-395
5 309
-395
14 487

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15720
₽14840
₽13932
₽14515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
22 556
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
-
total
-
-
-
47 415
Employee
55 789
-
76 473
-
municipal
16 636
-
22 804
-
national
-
-
-
-
total
16 636
-
22 804
-
Employer
55 789
-
76 473
-
accident
112
-
153
-
other
6 483
-
8 886
-
unemployment
1 473
-
2 019
-
pensions
6 031
-
8 267
-
health
3 431
-
4 703
-
total
17 530
-
24 028
-
Corporate
27 182
100 500
-
-
income
5 980
22 110
-
-
total
5 980
22 110
-
-
Dividends
21 202
78 390
-
-
withholding
6 361
23 517
-
-
total
6 361
23 517
-
-
Income
100 500
100 500
100 500
100 500
Total tax
46 507
45 627
46 832
47 415
After tax
53 993
54 873
53 668
53 085
Living cost
39 153
39 153
39 153
39 153
Free-cash
14 840
15 720
14 515
13 932

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10387
₽24663
₽23011
₽31772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
trade
-
-
-
8 761
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.

-
-
-
20 733
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.

-
-
-
6 941
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.

-
-
-
1 140
total
-
-
-
37 575
Employee

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

51 525
-
100 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
1 140
-
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.

4 427
-
20 733
-
total
11 611
-
28 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 975
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.

405
829
-
-
income
7 346
15 074
-
-
trade
8 056
16 532
-
-
chamber of commerce
224
297
-
-
total
16 031
32 732
-
-
Dividends
32 944
67 768
-
-
surtax

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

432
910
-
-
withholding
7 849
16 557
-
-
total
8 281
17 467
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 923
50 199
28 814
37 575
After tax
64 577
50 301
71 686
62 925
Living cost
39 914
39 914
39 914
39 914
Free-cash
24 663
10 387
31 772
23 011

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40618
₽36404
₽38490
₽38390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 815
health
-
-
-
2 562
social contributions
-
-
-
15 678
total
-
-
-
29 055
Employee
78 128
78 128
91 239
-
social contributions
3 796
6 484
7 574
-
health
777
1 328
1 550
-
income
8 204
7 232
10 770
-
total
12 777
15 044
19 894
-
Employer
78 128
78 128
91 239
-
social contributions
3 796
6 484
7 574
-
health
846
1 446
1 687
-
total
4 642
7 930
9 261
-
Corporate
50 124
14 441
-
-
income
6 266
1 805
-
-
total
6 266
1 805
-
-
Dividends
43 858
12 636
-
-
withholding
7 456
2 148
-
-
total
7 456
2 148
-
-
Income
100 500
100 500
100 500
100 500
Total tax
31 141
26 927
29 155
29 055
After tax
69 359
73 573
71 345
71 445
Living cost
32 955
32 955
32 955
32 955
Free-cash
36 404
40 618
38 390
38 490

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38214
₽38597
₽51218
₽39856
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 050
unemployment
-
-
-
1 507
health
-
-
-
7 035
total
-
-
-
30 878
Employee

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
84 100
-
health
1 860
740
5 887
-
income
3 248
1 293
10 281
-
pensions
2 657
1 057
8 410
-
unemployment
399
159
1 262
-
total
8 164
3 249
25 840
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
84 100
-
pensions
5 181
2 062
16 400
-
total
5 181
2 062
16 400
-
Corporate
68 753
87 865
-
-
income
6 188
7 908
-
-
total
6 188
7 908
-
-
Dividends
62 565
79 957
-
-
social contributions
12 079
15 471
-
-
withholding
11 887
15 192
-
-
total
23 966
30 663
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 499
43 882
42 240
30 878
After tax
57 001
56 618
58 260
69 622
Living cost
18 404
18 404
18 404
18 404
Free-cash
38 597
38 214
39 856
51 218

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55858
₽49548
₽29327
₽33386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 466
pensions
-
-
-
20 101
health
-
-
-
13 065
total
-
-
-
46 632
Employee
28 823
-
75 112
-
income
3 245
-
14 482
-
pensions
577
-
1 502
-
unemployment
461
-
1 201
-
total
4 283
-
17 185
-
Employer
28 823
-
75 112
-
unemployment
231
-
602
-
pensions
5 765
-
15 022
-
health
3 746
-
9 764
-
total
9 742
-
25 388
-
Corporate
61 934
100 500
-
-
income
12 386
20 101
-
-
total
12 386
20 101
-
-
Dividends
49 548
80 399
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
26 411
20 101
42 573
46 632
After tax
74 089
80 399
57 927
53 868
Living cost
24 541
24 541
24 541
24 541
Free-cash
49 548
55 858
33 386
29 327

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14053
₽4736
₽46787
₽29683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
24 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 520
Employee
34 910
-
85 849
-
health
3 997
-
9 830
-
income
4 789
-
16 446
-
pensions
3 931
-
7 696
-
total
12 717
-
33 972
-
Employer
34 910
-
85 849
-
accident
583
-
1 434
-
unemployment
855
-
2 104
-
pensions
5 677
-
11 114
-
total
7 115
-
14 652
-
Corporate
58 475
100 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

52 628
90 450
-
-
total
52 628
90 450
-
-
Dividends
5 847
10 050
-
-
withholding
1 111
1 910
-
-
total
1 111
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 571
92 360
48 624
31 520
After tax
26 929
8 140
51 876
68 980
Living cost
22 193
22 193
22 193
22 193
Free-cash
4 736
-14 053
29 683
46 787

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86214
₽84478
₽90234
₽71139
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
100 500
-
income
2 315
-
20 100
-
total
2 315
-
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%.

88 924
100 500
-
-
total
-
-
-
-
Dividends
88 924
100 500
-
-
withholding
4 446
5 025
-
-
total
4 446
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
6 761
5 025
20 100
1 005
After tax
93 739
95 475
80 400
99 495
Living cost
9 261
9 261
9 261
9 261
Free-cash
84 478
86 214
71 139
90 234

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46765
₽39903
₽27347
₽31774
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 766
pensions

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

-
-
-
24 119
other
-
-
-
4 774
health
-
-
-
4 421
total
-
-
-
46 080
Employee
36 891
-
80 270
-
health
517
-
1 124
-
income
6 351
-
13 883
-
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.

2 582
-
5 619
-
unemployment
368
-
802
-
total
9 818
-
21 428
-
Employer
36 891
-
80 270
-
accident
295
-
642
-
other
1 845
-
4 012
-
unemployment
368
-
802
-
pensions

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

6 272
-
13 645
-
health
517
-
1 124
-
total
9 297
-
20 225
-
Corporate
54 311
100 500
-
-
income
11 405
21 105
-
-
total
11 405
21 105
-
-
Dividends
42 907
79 395
-
-
withholding
3 004
5 557
-
-
total
3 004
5 557
-
-
Income
100 500
100 500
100 500
100 500
Total tax
33 524
26 662
41 653
46 080
After tax
66 976
73 838
58 847
54 420
Living cost
27 073
27 073
27 073
27 073
Free-cash
39 903
46 765
31 774
27 347

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5968
-₽9554
₽4385
-₽5403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 369
pensions
-
-
-
7 337
total
-
-
-
27 706
Employee
96 788
-
88 529
-
health
1 595
-
1 426
-
income
17 447
-
15 751
-
pensions
9 337
-
8 346
-
total
28 379
-
25 523
-
Employer
96 788
-
88 529
-
pensions
11 428
-
10 288
-
health
1 838
-
1 683
-
total
13 266
-
11 971
-
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.

-
19 096
-
-
total
-
19 096
-
-
Dividends
-
81 404
-
-
withholding
-
7 027
-
-
total
-
7 027
-
-
Income
100 500
100 500
100 500
100 500
Total tax
41 645
26 123
37 494
27 706
After tax
58 855
74 377
63 006
72 794
Living cost
68 409
68 409
68 409
68 409
Free-cash
-9 554
5 968
-5 403
4 385

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72606
₽67887
₽62626
₽65723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
24 552
Employee
17 641
-
93 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
9 353
-
pensions

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

1 549
-
3 116
-
total
4 318
-
14 492
-
Employer
17 641
-
93 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
79 398
100 500
-
-
income
7 939
10 050
-
-
total
7 939
10 050
-
-
Dividends
71 459
90 450
-
-
withholding
3 573
4 522
-
-
total
3 573
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
19 291
14 572
21 455
24 552
After tax
81 209
85 928
79 045
75 948
Living cost
13 322
13 322
13 322
13 322
Free-cash
67 887
72 606
65 723
62 626

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8469
-₽10193
₽709
-₽14173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 435
pensions
-
-
-
11 904
health
-
-
-
12 111
total
-
-
-
43 450
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
54 352
52 628
58 332
43 450
After tax
46 148
47 872
42 168
57 050
Living cost
56 341
56 341
56 341
56 341
Free-cash
-10 193
-8 469
-14 173
709

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44920
₽36260
₽24674
₽26726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 568
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 346
total
-
-
-
51 552
Employee
35 697
-
75 000
-
social contributions
2 320
-
4 875
-
health
4 819
-
10 125
-
solidarity contribution
-
-
-
-
income
4 284
-
9 000
-
total
11 423
-
24 000
-
Employer
35 697
-
75 000
-
social contributions
8 924
-
18 750
-
health
3 213
-
6 750
-
total
12 137
-
25 500
-
Corporate
52 666
100 500
-
-
income
10 007
19 095
-
-
total
10 007
19 095
-
-
Dividends
42 660
81 405
-
-
withholding
6 399
12 211
-
-
total
6 399
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 966
31 306
49 500
51 552
After tax
60 534
69 194
51 000
48 948
Living cost
24 274
24 274
24 274
24 274
Free-cash
36 260
44 920
26 726
24 674

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10746
₽5442
₽8801
₽4019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
598
regional
-
-
-
1 107
national
-
-
-
21 273
social contributions
-
-
-
25 848
total
-
-
-
48 826
Employee
90 299
-
100 500
-
social contributions
30 449
-
33 889
-
regional
852
-
970
-
municipal
478
-
532
-
national
15 647
-
18 217
-
total
47 426
-
53 608
-
Employer
90 299
-
100 500
-
total
-
-
-
-
Corporate
10 201
100 500
-
-
nationa
2 449
24 121
-
-
municipal
397
3 920
-
-
total
2 846
28 041
-
-
Dividends
7 355
72 459
-
-
withholding
1 913
18 840
-
-
total
1 913
18 840
-
-
Income
100 500
100 500
100 500
100 500
Total tax
52 185
46 881
53 608
48 826
After tax
48 315
53 619
46 892
51 674
Living cost
42 873
42 873
42 873
42 873
Free-cash
5 442
10 746
4 019
8 801

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40794
₽37633
₽29396
₽27451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 925
pensions
-
-
-
20 101
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 136
surtax
-
-
-
2 291
total
-
-
-
48 684
Employee
33 600
-
83 022
-
other
-
-
-
-
health
858
-
2 117
-
surtax
110
-
2 067
-
income
5 632
-
17 650
-
pensions
2 240
-
5 538
-
unemployment
2 339
-
5 779
-
total
11 179
-
33 151
-
Employer
33 600
-
83 022
-
other
-
-
-
-
unemployment
1 064
-
2 632
-
pensions
4 479
-
11 067
-
health
1 529
-
3 779
-
total
7 072
-
17 478
-
Corporate
59 828
100 500
-
-
income
15 556
26 130
-
-
total
15 556
26 130
-
-
Dividends
44 272
74 370
-
-
withholding
6 640
11 156
-
-
total
6 640
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 447
37 286
50 629
48 684
After tax
60 053
63 214
49 871
51 816
Living cost
22 420
22 420
22 420
22 420
Free-cash
37 633
40 794
27 451
29 396

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27642
₽20518
₽26059
₽16271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 369
pensions
-
-
-
7 337
total
-
-
-
27 706
Employee
64 865
-
88 529
-
health
942
-
1 426
-
income
11 682
-
15 751
-
pensions
5 506
-
8 346
-
total
18 130
-
25 523
-
Employer
64 865
-
88 529
-
pensions
7 022
-
10 288
-
health
1 232
-
1 683
-
total
8 254
-
11 971
-
Corporate
27 381
100 500
-
-
income

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

5 201
19 096
-
-
total
5 201
19 096
-
-
Dividends
22 180
81 404
-
-
withholding
1 662
7 027
-
-
total
1 662
7 027
-
-
Income
100 500
100 500
100 500
100 500
Total tax
33 247
26 123
37 494
27 706
After tax
67 253
74 377
63 006
72 794
Living cost
46 735
46 735
46 735
46 735
Free-cash
20 518
27 642
16 271
26 059

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31659
₽1018
₽6299
₽1256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 059
pensions
-
-
-
9 246
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
-
-
-
3 413
health
-
-
-
253
national
-
-
-
606
total
-
-
-
16 586
Employee
90 829
-
89 953
-
city
975
-
967
-
regional
2 974
-
2 926
-
health
205
-
203
-
pensions
7 631
-
7 555
-
unemployment
-
-
-
-
national
430
-
422
-
total
12 215
-
12 073
-
Employer
90 829
-
89 953
-
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.

1 816
-
1 798
-
unemployment
-
-
-
-
pensions
7 631
-
7 555
-
health
205
-
203
-
total
9 652
-
9 556
-
Corporate
-
100 500
-
-
regional
-
21 256
-
-
national
-
8 542
-
-
total
-
29 798
-
-
Dividends
-
70 702
-
-
withholding
-
24 746
-
-
total
-
24 746
-
-
Income
100 500
100 500
100 500
100 500
Total tax
21 867
54 544
21 629
16 586
After tax
78 633
45 956
78 871
83 914
Living cost
77 615
77 615
77 615
77 615
Free-cash
1 018
-31 659
1 256
6 299

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3241
₽19715
₽16007
₽25141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
trade
-
-
-
9 134
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.

-
-
-
20 733
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.

-
-
-
6 941
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.

-
-
-
1 140
total
-
-
-
37 948
Employee

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

61 062
-
100 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
1 140
-
income

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

7 180
-
20 733
-
total
14 516
-
28 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 438
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.

326
829
-
-
income
5 915
15 074
-
-
trade
6 764
17 235
-
-
chamber of commerce
210
295
-
-
total
13 215
33 433
-
-
Dividends
26 223
67 066
-
-
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.

339
900
-
-
withholding
6 170
16 381
-
-
total
6 509
17 281
-
-
Income
100 500
100 500
100 500
100 500
Total tax
34 240
50 714
28 814
37 948
After tax
66 260
49 786
71 686
62 552
Living cost
46 545
46 545
46 545
46 545
Free-cash
19 715
3 241
25 141
16 007

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15886
₽21891
₽23140
₽22071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 414
pensions
-
-
-
25 400
other
-
-
-
3 120
health
-
-
-
1 801
surtax
-
-
-
-
social contributions
-
-
-
2 863
total
-
-
-
42 598
Employee
43 485
-
76 584
-
social contributions
1 240
-
2 183
-
surtax
-
-
-
-
income
2 566
-
8 905
-
pensions
4 917
-
8 663
-
total
8 723
-
19 751
-
Employer
43 485
-
76 584
-
other
1 500
-
2 642
-
social contributions
131
-
229
-
unemployment
1 760
-
3 102
-
pensions
7 144
-
12 583
-
health
3 045
-
5 360
-
total
13 580
-
23 916
-
Corporate
43 435
100 500
-
-
surtax
-
-
-
-
income
12 163
28 141
-
-
total
12 163
28 141
-
-
Dividends
31 273
72 359
-
-
surtax
-
-
-
-
social contributions
5 378
12 448
-
-
withholding
4 003
9 263
-
-
total
9 381
21 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 847
49 852
43 667
42 598
After tax
56 653
50 648
56 833
57 902
Living cost
34 762
34 762
34 762
34 762
Free-cash
21 891
15 886
22 071
23 140

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19330
₽24978
₽26584
₽25515
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 414
pensions
-
-
-
25 400
other
-
-
-
3 120
health
-
-
-
1 801
surtax
-
-
-
-
social contributions
-
-
-
2 863
total
-
-
-
42 598
Employee
38 816
-
76 584
-
social contributions
1 107
-
2 183
-
surtax
-
-
-
-
income
2 001
-
8 905
-
pensions
4 390
-
8 663
-
total
7 498
-
19 751
-
Employer
38 816
-
76 584
-
other
1 340
-
2 642
-
social contributions
116
-
229
-
unemployment
1 571
-
3 102
-
pensions
6 378
-
12 583
-
health
2 717
-
5 360
-
total
12 122
-
23 916
-
Corporate
49 562
100 500
-
-
surtax
-
-
-
-
income
13 877
28 141
-
-
total
13 877
28 141
-
-
Dividends
35 685
72 359
-
-
surtax
-
-
-
-
social contributions
6 139
12 448
-
-
withholding
4 568
9 263
-
-
total
10 707
21 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 204
49 852
43 667
42 598
After tax
56 296
50 648
56 833
57 902
Living cost
31 318
31 318
31 318
31 318
Free-cash
24 978
19 330
25 515
26 584

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39769
₽40296
₽42997
₽43228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 074
health
-
-
-
7 015
social contributions
-
-
-
13 869
total
-
-
-
35 958
Employee
34 450
-
100 500
-
social contributions
4 755
-
13 869
-
health
2 404
-
7 015
-
income
5 746
-
14 843
-
total
12 905
-
35 727
-
Employer
34 450
-
100 500
-
total
-
-
-
-
Corporate
66 050
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%.

3 303
5 025
-
-
total
3 303
5 025
-
-
Dividends
62 747
95 475
-
-
health
4 381
6 664
-
-
social contributions
8 659
13 175
-
-
withholding
9 411
14 322
-
-
total
22 451
34 161
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 659
39 186
35 727
35 958
After tax
61 841
61 314
64 773
64 542
Living cost
21 545
21 545
21 545
21 545
Free-cash
40 296
39 769
43 228
42 997

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20553
₽18984
₽15177
-₽5169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
401
income
-
-
-
16 408
pensions
-
-
-
18 593
unemployment
-
-
-
6 232
health
-
-
-
7 687
surtax
-
-
-
201
total
-
-
-
49 522
Employee
50 777
40 491
77 885
-
other
507
405
779
-
health
1 965
1 568
3 014
-
income
5 781
2 987
14 640
-
pensions
5 200
4 145
7 975
-
unemployment
1 523
1 215
2 337
-
total
14 976
10 320
28 745
-
Employer
50 777
40 491
77 885
-
accident
659
526
1 012
-
other
2 412
1 922
3 698
-
chamber of commerce
202
162
312
-
unemployment
1 523
1 215
2 337
-
surtax
201
201
201
-
pensions
6 372
5 083
9 774
-
payroll
1 523
1 215
2 337
-
health
1 918
1 531
2 944
-
total
14 810
11 855
22 615
-
Corporate
34 911
48 155
74 029
-
income

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

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

8 729
12 039
18 508
-
total
8 729
12 039
18 508
-
Dividends
26 183
36 116
-
-
withholding
7 200
9 932
-
-
total
7 200
9 932
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 715
44 146
69 868
49 522
After tax
54 785
56 354
30 632
50 978
Living cost
35 801
35 801
35 801
35 801
Free-cash
18 984
20 553
-5 169
15 177

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19323
₽4083
₽10292
₽2197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
32 452
communal

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

-
-
-
5 092
social contributions
-
-
-
15 618
total
-
-
-
53 162
Employee

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

72 678
-
77 841
-
communal

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

3 791
-
4 061
-
health

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

3 415
-
3 658
-
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.

5 451
-
5 838
-
unemployment

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

632
-
677
-
national
22 344
-
24 363
-
total
35 633
-
38 597
-
Employer

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

72 678
-
77 841
-
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.

945
-
1 012
-
unemployment

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

1 060
-
1 136
-
surtax
8 241
-
8 827
-
pensions

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

6 440
-
6 897
-
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.

4 469
-
4 788
-
total
21 155
-
22 660
-
Corporate
6 667
100 500
-
-
surtax
27
401
-
-
income
1 334
20 101
-
-
total
1 361
20 502
-
-
Dividends
5 306
79 998
-
-
withholding

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

1 222
23 629
-
-
total
1 222
23 629
-
-
Income
100 500
100 500
100 500
100 500
Total tax
59 371
44 131
61 257
53 162
After tax
41 129
56 369
39 243
47 338
Living cost
37 046
37 046
37 046
37 046
Free-cash
4 083
19 323
2 197
10 292

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31025
₽22930
₽17113
₽16553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
18 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
46 694
Employee
50 576
-
76 206
-
other
50
-
77
-
income
10 671
-
18 118
-
pensions
2 377
-
3 582
-
unemployment
785
-
1 182
-
total
13 883
-
22 959
-
Employer
50 576
-
76 206
-
accident
1 001
-
1 510
-
other
403
-
609
-
unemployment
2 782
-
4 192
-
pensions
11 935
-
17 984
-
total
16 121
-
24 295
-
Corporate
33 803
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.

5 071
15 074
-
-
total
5 071
15 074
-
-
Dividends
28 732
85 426
-
-
withholding
5 802
17 708
-
-
total
5 802
17 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 877
32 782
47 254
46 694
After tax
59 623
67 718
53 246
53 806
Living cost
36 693
36 693
36 693
36 693
Free-cash
22 930
31 025
16 553
17 113

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6332
-₽537
₽2452
₽6995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
846
income
-
-
-
8 528
pensions
-
-
-
15 064
health
-
-
-
7 061
surtax
-
-
-
4 982
communal
-
-
-
6 351
total
-
-
-
42 832
Employee
76 944
-
89 772
-
health
3 424
-
3 995
-
surtax
4 716
-
5 501
-
income
7 432
-
10 883
-
pensions
6 155
-
7 182
-
total
21 727
-
27 561
-
Employer
76 944
-
89 772
-
accident
692
-
808
-
pensions
6 155
-
7 182
-
health
2 347
-
2 738
-
total
9 194
-
10 728
-
Corporate
14 363
100 500
-
-
surtax
150
1 055
-
-
communal
-
6 783
-
-
income
2 154
15 074
-
-
total
2 304
22 912
-
-
Dividends
12 059
77 588
-
-
income
10 787
4 402
-
-
withholding
1 809
11 638
-
-
total
12 596
16 040
-
-
Income
100 500
100 500
100 500
100 500
Total tax
45 821
38 952
38 289
42 832
After tax
54 679
61 548
62 211
57 668
Living cost
55 216
55 216
55 216
55 216
Free-cash
-537
6 332
6 995
2 452

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40393
₽37162
₽28995
₽27050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 925
pensions
-
-
-
20 101
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 136
surtax
-
-
-
2 291
total
-
-
-
48 684
Employee
34 217
-
83 022
-
other
-
-
-
-
health
873
-
2 117
-
surtax
121
-
2 067
-
income
5 736
-
17 650
-
pensions
2 283
-
5 538
-
unemployment
2 381
-
5 779
-
total
11 394
-
33 151
-
Employer
34 217
-
83 022
-
other
-
-
-
-
unemployment
1 086
-
2 632
-
pensions
4 562
-
11 067
-
health
1 556
-
3 779
-
total
7 204
-
17 478
-
Corporate
59 080
100 500
-
-
income
15 361
26 130
-
-
total
15 361
26 130
-
-
Dividends
43 719
74 370
-
-
withholding
6 558
11 156
-
-
total
6 558
11 156
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 517
37 286
50 629
48 684
After tax
59 983
63 214
49 871
51 816
Living cost
22 821
22 821
22 821
22 821
Free-cash
37 162
40 393
27 050
28 995

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25453
₽23199
₽23895
₽19140
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
598
regional
-
-
-
1 516
national
-
-
-
21 273
social contributions
-
-
-
25 848
total
-
-
-
49 235
Employee
56 361
-
100 500
-
social contributions
19 005
-
33 889
-
regional
759
-
1 352
-
municipal
299
-
532
-
national
8 929
-
18 217
-
total
28 992
-
53 990
-
Employer
56 361
-
100 500
-
total
-
-
-
-
Corporate
44 139
100 500
-
-
nationa
10 593
24 121
-
-
municipal
2 194
4 996
-
-
total
12 787
29 117
-
-
Dividends
31 352
71 383
-
-
withholding
8 152
18 560
-
-
total
8 152
18 560
-
-
Income
100 500
100 500
100 500
100 500
Total tax
49 931
47 677
53 990
49 235
After tax
50 569
52 823
46 510
51 265
Living cost
27 370
27 370
27 370
27 370
Free-cash
23 199
25 453
19 140
23 895

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39282
₽28612
₽19036
₽21088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 568
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 346
total
-
-
-
51 552
Employee
43 988
-
75 000
-
social contributions
2 859
-
4 875
-
health
5 938
-
10 125
-
solidarity contribution
-
-
-
-
income
5 278
-
9 000
-
total
14 075
-
24 000
-
Employer
43 988
-
75 000
-
social contributions
10 997
-
18 750
-
health
3 959
-
6 750
-
total
14 956
-
25 500
-
Corporate
41 557
100 500
-
-
income
7 896
19 095
-
-
total
7 896
19 095
-
-
Dividends
33 661
81 405
-
-
withholding
5 049
12 211
-
-
total
5 049
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
41 976
31 306
49 500
51 552
After tax
58 524
69 194
51 000
48 948
Living cost
29 912
29 912
29 912
29 912
Free-cash
28 612
39 282
21 088
19 036

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24048
₽23550
₽18764
-₽1748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
401
income
-
-
-
16 408
pensions
-
-
-
18 593
unemployment
-
-
-
6 232
health
-
-
-
7 687
surtax
-
-
-
-
total
-
-
-
49 321
Employee
44 414
40 491
78 039
-
other
443
405
781
-
health
1 718
1 568
3 019
-
income
3 957
2 987
14 694
-
pensions
4 548
4 145
7 992
-
unemployment
1 332
1 215
2 341
-
total
11 998
10 320
28 827
-
Employer
44 414
40 491
78 039
-
accident
577
526
1 014
-
other
2 109
1 922
3 706
-
chamber of commerce
177
162
312
-
unemployment
1 332
1 215
2 341
-
surtax
-
-
-
-
pensions
5 574
5 083
9 795
-
payroll
1 332
1 215
2 341
-
health
1 679
1 531
2 950
-
total
12 780
11 654
22 459
-
Corporate
43 305
48 356
74 185
-
income

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

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

10 826
12 089
18 547
-
total
10 826
12 089
18 547
-
Dividends
32 478
36 267
-
-
withholding
8 931
9 974
-
-
total
8 931
9 974
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 535
44 037
69 833
49 321
After tax
55 965
56 463
30 667
51 179
Living cost
32 415
32 415
32 415
32 415
Free-cash
23 550
24 048
-1 748
18 764

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81043
₽78337
₽85063
₽65968
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
100 500
-
income
3 608
-
20 100
-
total
3 608
-
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%.

82 460
100 500
-
-
total
-
-
-
-
Dividends
82 460
100 500
-
-
withholding
4 123
5 025
-
-
total
4 123
5 025
-
-
Income
100 500
100 500
100 500
100 500
Total tax
7 731
5 025
20 100
1 005
After tax
92 769
95 475
80 400
99 495
Living cost
14 432
14 432
14 432
14 432
Free-cash
78 337
81 043
65 968
85 063

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41943
₽33443
₽24794
₽21913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 061
pensions
-
-
-
18 354
unemployment
-
-
-
150
health
-
-
-
9 889
total
-
-
-
48 454
Employee

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

44 929
-
86 961
-
health
2 902
-
5 617
-
income
7 748
-
18 579
-
pensions
6 964
-
13 479
-
unemployment
64
-
121
-
total
17 678
-
37 796
-
Employer

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

44 929
-
86 961
-
unemployment
27
-
52
-
pensions
3 976
-
7 695
-
health
2 992
-
5 792
-
total
6 995
-
13 539
-
Corporate
48 575
100 500
-
-
income
9 230
19 094
-
-
total
9 230
19 094
-
-
Dividends
39 345
81 406
-
-
withholding
5 902
12 211
-
-
total
5 902
12 211
-
-
Income
100 500
100 500
100 500
100 500
Total tax
39 805
31 305
51 335
48 454
After tax
60 695
69 195
49 165
52 046
Living cost
27 252
27 252
27 252
27 252
Free-cash
33 443
41 943
21 913
24 794

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17244
-₽51202
₽25554
₽43215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
100 500
-
-
income
-
22 110
-
-
total
-
22 110
-
-
Dividends
-
78 390
-
-
income
-
17 246
-
-
total
-
17 246
-
-
Income
100 500
100 500
100 500
100 500
Total tax
107 802
39 356
13 385
31 046
After tax
-7 302
61 144
87 115
69 454
Living cost
43 900
43 900
43 900
43 900
Free-cash
-51 202
17 244
43 215
25 554

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25294
₽24272
₽24385
₽19369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 321
surtax
-
-
-
-
social contributions

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

-
-
-
34 924
total
-
-
-
44 245
Employee
46 730
-
81 211
-
social contributions
5 140
-
8 933
-
surtax
-
-
-
-
income
9 720
-
21 041
-
total
14 860
-
29 974
-
Employer
46 730
-
81 211
-
social contributions
11 098
-
19 287
-
total
11 098
-
19 287
-
Corporate
42 672
100 500
-
-
surtax
-
-
-
-
income
8 962
21 105
-
-
total
8 962
21 105
-
-
Dividends
33 710
79 395
-
-
withholding
9 438
22 231
-
-
total
9 438
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
44 358
43 336
49 261
44 245
After tax
56 142
57 164
51 239
56 255
Living cost
31 870
31 870
31 870
31 870
Free-cash
24 272
25 294
19 369
24 385

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1575
₽8561
₽8829
₽7760
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
9 414
pensions
-
-
-
25 400
other
-
-
-
3 120
health
-
-
-
1 801
surtax
-
-
-
-
social contributions
-
-
-
2 863
total
-
-
-
42 598
Employee
63 636
-
76 584
-
social contributions
1 812
-
2 183
-
surtax
-
-
-
-
income
5 552
-
8 905
-
pensions
7 198
-
8 663
-
total
14 562
-
19 751
-
Employer
63 636
-
76 584
-
other
2 196
-
2 642
-
social contributions
191
-
229
-
unemployment
2 578
-
3 102
-
pensions
10 456
-
12 583
-
health
4 454
-
5 360
-
total
19 875
-
23 916
-
Corporate
16 989
100 500
-
-
surtax
-
-
-
-
income
4 757
28 141
-
-
total
4 757
28 141
-
-
Dividends
12 232
72 359
-
-
surtax
-
-
-
-
social contributions
2 106
12 448
-
-
withholding
1 566
9 263
-
-
total
3 672
21 711
-
-
Income
100 500
100 500
100 500
100 500
Total tax
42 866
49 852
43 667
42 598
After tax
57 634
50 648
56 833
57 902
Living cost
49 073
49 073
49 073
49 073
Free-cash
8 561
1 575
7 760
8 829

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59909
₽56494
₽46178
₽48849
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
1 670
social contributions
-
-
-
22 110
total
-
-
-
23 780
Employee
32 665
-
87 013
-
income
-
-
1 967
-
social contributions
2 123
-
5 655
-
total
2 123
-
7 622
-
Employer
32 665
-
87 013
-
social contributions
5 063
-
13 487
-
total
5 063
-
13 487
-
Corporate
62 772
100 500
-
-
income
6 278
10 049
-
-
total
6 278
10 049
-
-
Dividends
56 494
90 451
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
13 464
10 049
21 109
23 780
After tax
87 036
90 451
79 391
76 720
Living cost
30 542
30 542
30 542
30 542
Free-cash
56 494
59 909
48 849
46 178

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽120848
-₽120848
₽13476
-₽120848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
18 605
pensions
-
-
-
881
national
-
-
-
10 642
labour market
-
-
-
7 969
total
-
-
-
38 097
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
100 500
100 500
100 500
100 500
Total tax
172 421
172 421
172 421
38 097
After tax
-71 921
-71 921
-71 921
62 403
Living cost
48 927
48 927
48 927
48 927
Free-cash
-120 848
-120 848
-120 848
13 476

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13725
₽4786
₽47115
₽30011
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
24 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 520
Employee
34 396
-
85 849
-
health
3 939
-
9 830
-
income
4 719
-
16 446
-
pensions
3 873
-
7 696
-
total
12 531
-
33 972
-
Employer
34 396
-
85 849
-
accident
574
-
1 434
-
unemployment
843
-
2 104
-
pensions
5 593
-
11 114
-
total
7 010
-
14 652
-
Corporate
59 094
100 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

53 185
90 450
-
-
total
53 185
90 450
-
-
Dividends
5 909
10 050
-
-
withholding
1 123
1 910
-
-
total
1 123
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
73 849
92 360
48 624
31 520
After tax
26 651
8 140
51 876
68 980
Living cost
21 865
21 865
21 865
21 865
Free-cash
4 786
-13 725
30 011
47 115

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27898
₽25575
₽32480
₽18412
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
municipal
-
-
-
17 887
health
-
-
-
1 124
national
-
-
-
10 001
total
-
-
-
29 012
Employee
53 456
-
84 545
-
health
399
-
877
-
municipal
8 756
-
13 805
-
pensions
3 608
-
5 707
-
unemployment
802
-
1 269
-
national
883
-
5 466
-
total
14 448
-
27 124
-
Employer
53 456
-
84 545
-
accident
54
-
85
-
unemployment
347
-
550
-
pensions
9 274
-
14 669
-
health
411
-
652
-
total
10 086
-
15 956
-
Corporate
36 958
100 500
-
-
income
7 392
20 101
-
-
total
7 392
20 101
-
-
Dividends

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

22 174
60 299
-
-
national
-
2 640
-
-
municipal
3 991
10 853
-
-
total
3 991
13 493
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 917
33 594
43 080
29 012
After tax
64 583
66 906
57 420
71 488
Living cost
39 008
39 008
39 008
39 008
Free-cash
25 575
27 898
18 412
32 480

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50049
₽44519
₽47921
₽47821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 815
health
-
-
-
2 562
social contributions
-
-
-
15 678
total
-
-
-
29 055
Employee
78 128
78 128
91 239
-
social contributions
2 954
6 484
7 574
-
health
605
1 328
1 550
-
income
8 507
7 232
10 770
-
total
12 066
15 044
19 894
-
Employer
78 128
78 128
91 239
-
social contributions
2 954
6 484
7 574
-
health
657
1 446
1 687
-
total
3 611
7 930
9 261
-
Corporate
61 298
14 441
-
-
income
7 662
1 805
-
-
total
7 662
1 805
-
-
Dividends
53 636
12 636
-
-
withholding
9 118
2 148
-
-
total
9 118
2 148
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 457
26 927
29 155
29 055
After tax
68 043
73 573
71 345
71 445
Living cost
23 524
23 524
23 524
23 524
Free-cash
44 519
50 049
47 821
47 921

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67092
₽61923
₽64622
₽45859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 577
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
19 746
Employee

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

23 322
-
91 116
-
health
1 982
-
7 745
-
income
1 595
-
7 258
-
pensions
3 498
-
13 667
-
unemployment
116
-
455
-
total
7 191
-
29 125
-
Employer

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

23 322
-
91 116
-
unemployment
116
-
455
-
pensions
1 282
-
5 011
-
health
1 003
-
3 918
-
total
2 401
-
9 384
-
Corporate
74 778
100 500
-
-
income
6 729
9 045
-
-
total
6 729
9 045
-
-
Dividends
68 049
91 455
-
-
withholding
6 124
8 231
-
-
total
6 124
8 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
22 445
17 276
38 509
19 746
After tax
78 055
83 224
61 991
80 754
Living cost
16 132
16 132
16 132
16 132
Free-cash
61 923
67 092
45 859
64 622

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39778
₽34447
₽25866
₽25306
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
18 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
46 694
Employee
37 569
-
76 206
-
other
37
-
77
-
income
7 243
-
18 118
-
pensions
1 766
-
3 582
-
unemployment
582
-
1 182
-
total
9 628
-
22 959
-
Employer
37 569
-
76 206
-
accident
744
-
1 510
-
other
301
-
609
-
unemployment
2 067
-
4 192
-
pensions
8 866
-
17 984
-
total
11 978
-
24 295
-
Corporate
50 954
100 500
-
-
income

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

7 643
15 074
-
-
total
7 643
15 074
-
-
Dividends
43 311
85 426
-
-
withholding
8 864
17 708
-
-
total
8 864
17 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 113
32 782
47 254
46 694
After tax
62 387
67 718
53 246
53 806
Living cost
27 940
27 940
27 940
27 940
Free-cash
34 447
39 778
25 306
25 866

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59931
₽59475
₽60910
₽60713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 309
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
36 809
Employee
4 236
-
98 218
-
health
212
-
507
-
income
820
-
33 202
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
34 723
-
Employer
4 236
-
98 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
95 310
100 500
-
-
income
20 968
22 110
-
-
total
20 968
22 110
-
-
Dividends
74 342
78 390
-
-
withholding
14 868
15 678
-
-
total
14 868
15 678
-
-
Income
100 500
100 500
100 500
100 500
Total tax
38 244
37 788
37 006
36 809
After tax
62 256
62 712
63 494
63 691
Living cost
2 781
2 781
2 781
2 781
Free-cash
59 475
59 931
60 713
60 910

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55052
₽50054
₽35483
₽35484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
100 500
income
-
-
-
19 094
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
47 458
Employee

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

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

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

26 477
-
87 069
-
health
1 364
-
3 864
-
income
3 650
-
19 094
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
34 026
-
Employer

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

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

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

26 477
-
87 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
69 284
100 500
-
-
income
10 393
15 075
-
-
total
10 393
15 075
-
-
Dividends
58 891
85 425
-
-
withholding
8 834
12 814
-
-
total
8 834
12 814
-
-
Income
100 500
100 500
100 500
100 500
Total tax
32 887
27 889
47 457
47 458
After tax
67 613
72 611
53 043
53 042
Living cost
17 559
17 559
17 559
17 559
Free-cash
50 054
55 052
35 484
35 483

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29772
₽29407
₽28863
₽23847
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 321
surtax
-
-
-
-
social contributions

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

-
-
-
34 924
total
-
-
-
44 245
Employee
39 435
-
81 211
-
social contributions
4 338
-
8 933
-
surtax
-
-
-
-
income
7 705
-
21 041
-
total
12 043
-
29 974
-
Employer
39 435
-
81 211
-
social contributions
9 365
-
19 287
-
total
9 365
-
19 287
-
Corporate
51 700
100 500
-
-
surtax
-
-
-
-
income
10 857
21 105
-
-
total
10 857
21 105
-
-
Dividends
40 843
79 395
-
-
withholding
11 436
22 231
-
-
total
11 436
22 231
-
-
Income
100 500
100 500
100 500
100 500
Total tax
43 701
43 336
49 261
44 245
After tax
56 799
57 164
51 239
56 255
Living cost
27 392
27 392
27 392
27 392
Free-cash
29 407
29 772
23 847
28 863

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32010
₽24261
₽18098
₽17538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
848
income
-
-
-
18 443
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
46 694
Employee
49 070
-
76 206
-
other
48
-
77
-
income
10 249
-
18 118
-
pensions
2 306
-
3 582
-
unemployment
760
-
1 182
-
total
13 363
-
22 959
-
Employer
49 070
-
76 206
-
accident
972
-
1 510
-
other
393
-
609
-
unemployment
2 699
-
4 192
-
pensions
11 580
-
17 984
-
total
15 644
-
24 295
-
Corporate
35 785
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.

5 368
15 074
-
-
total
5 368
15 074
-
-
Dividends
30 417
85 426
-
-
withholding
6 156
17 708
-
-
total
6 156
17 708
-
-
Income
100 500
100 500
100 500
100 500
Total tax
40 531
32 782
47 254
46 694
After tax
59 969
67 718
53 246
53 806
Living cost
35 708
35 708
35 708
35 708
Free-cash
24 261
32 010
17 538
18 098

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68449
₽62256
₽58469
₽61566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
24 552
Employee
23 145
-
93 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
9 353
-
pensions

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

2 032
-
3 116
-
total
5 666
-
14 492
-
Employer
23 145
-
93 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
72 814
100 500
-
-
income
7 282
10 050
-
-
total
7 282
10 050
-
-
Dividends
65 532
90 450
-
-
withholding
3 276
4 522
-
-
total
3 276
4 522
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 765
14 572
21 455
24 552
After tax
79 735
85 928
79 045
75 948
Living cost
17 479
17 479
17 479
17 479
Free-cash
62 256
68 449
61 566
58 469

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12626
₽25916
₽24817
₽32460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
100 500
trade
-
-
-
7 643
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.

-
-
-
20 733
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.

-
-
-
6 941
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.

-
-
-
1 140
total
-
-
-
36 457
Employee

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

50 554
-
100 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
1 140
-
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.

4 157
-
20 733
-
total
11 327
-
28 814
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 946
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.

413
829
-
-
income
7 493
15 074
-
-
trade
7 167
14 422
-
-
chamber of commerce
228
301
-
-
total
15 301
30 626
-
-
Dividends
34 646
69 874
-
-
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.

455
939
-
-
withholding
8 275
17 083
-
-
total
8 730
18 022
-
-
Income
100 500
100 500
100 500
100 500
Total tax
35 358
48 648
28 814
36 457
After tax
65 142
51 852
71 686
64 043
Living cost
39 226
39 226
39 226
39 226
Free-cash
25 916
12 626
32 460
24 817

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12472
₽14715
₽10301
₽10301
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
income
-
-
-
23 405
social contributions
-
-
-
8 916
total
-
-
-
32 321
Employee
79 477
-
100 500
-
income
14 997
-
23 405
-
social contributions
6 603
-
8 916
-
total
21 600
-
32 321
-
Employer
79 477
-
100 500
-
total
-
-
-
-
Corporate
21 023
100 500
-
-
income
2 628
12 562
-
-
total
2 628
12 562
-
-
Dividends
18 395
87 938
-
-
withholding
3 679
17 588
-
-
total
3 679
17 588
-
-
Income
100 500
100 500
100 500
100 500
Total tax
27 907
30 150
32 321
32 321
After tax
72 593
70 350
68 179
68 179
Living cost
57 878
57 878
57 878
57 878
Free-cash
14 715
12 472
10 301
10 301

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23075
₽27194
₽27884
₽36909
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
100 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
95 826
-
income
5 057
-
17 361
-
social contributions
4 670
-
4 674
-
total
9 727
-
22 035
-
Employer
46 610
-
95 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
49 220
100 500
-
-
income
17 228
35 175
-
-
total
17 228
35 175
-
-
Dividends
31 993
65 325
-
-
social contributions
4 799
5 368
-
-
total
4 799
5 368
-
-
Income
100 500
100 500
100 500
100 500
Total tax
36 424
40 543
26 709
35 734
After tax
64 076
59 957
73 791
64 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
27 194
23 075
36 909
27 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36383
₽31534
₽34800
₽25012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 369
pensions
-
-
-
7 337
total
-
-
-
27 706
Employee
52 152
-
88 529
-
health
680
-
1 426
-
income
9 497
-
15 751
-
pensions
3 981
-
8 346
-
total
14 158
-
25 523
-
Employer
52 152
-
88 529
-
pensions
5 269
-
10 288
-
health
991
-
1 683
-
total
6 260
-
11 971
-
Corporate
42 087
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.

7 997
19 096
-
-
total
7 997
19 096
-
-
Dividends
34 090
81 404
-
-
withholding
2 557
7 027
-
-
total
2 557
7 027
-
-
Income
100 500
100 500
100 500
100 500
Total tax
30 972
26 123
37 494
27 706
After tax
69 528
74 377
63 006
72 794
Living cost
37 994
37 994
37 994
37 994
Free-cash
31 534
36 383
25 012
34 800

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15890
₽4455
₽44950
₽27846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
24 494
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 520
Employee
37 800
-
85 849
-
health
4 328
-
9 830
-
income
5 186
-
16 446
-
pensions
4 256
-
7 696
-
total
13 770
-
33 972
-
Employer
37 800
-
85 849
-
accident
631
-
1 434
-
unemployment
926
-
2 104
-
pensions
6 146
-
11 114
-
total
7 703
-
14 652
-
Corporate
54 996
100 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

49 497
90 450
-
-
total
49 497
90 450
-
-
Dividends
5 500
10 050
-
-
withholding
1 045
1 910
-
-
total
1 045
1 910
-
-
Income
100 500
100 500
100 500
100 500
Total tax
72 015
92 360
48 624
31 520
After tax
28 485
8 140
51 876
68 980
Living cost
24 030
24 030
24 030
24 030
Free-cash
4 455
-15 890
27 846
44 950

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽70876
₽66800
₽43778
₽49122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
503
health insurance
-
-
-
7 437
income
-
-
-
15 389
pensions
-
-
-
18 492
unemployment
-
-
-
1 206
total
-
-
-
43 027
Employee

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

21 911
-
100 500
-
work injury
110
-
405
-
income
2 191
-
15 389
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
37 683
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 589
100 500
-
-
income

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

-
1 005
-
-
total
-
1 005
-
-
Dividends
78 589
99 495
-
-
withholding
11 788
14 924
-
-
total
11 788
14 924
-
-
Income
100 500
100 500
100 500
100 500
Total tax
20 005
15 929
37 683
43 027
After tax
80 495
84 571
62 817
57 473
Living cost
13 695
13 695
13 695
13 695
Free-cash
66 800
70 876
49 122
43 778

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12461
₽7838
₽10236
₽5637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
100 500
municipal
-
-
-
671
regional
-
-
-
1 996
national
-
-
-
21 273
social contributions
-
-
-
25 848
total
-
-
-
49 788
Employee
85 618
-
100 500
-
social contributions
28 870
-
33 889
-
regional
1 293
-
1 680
-
municipal
511
-
600
-
national
14 469
-
18 217
-
total
45 143
-
54 386
-
Employer
85 618
-
100 500
-
total
-
-
-
-
Corporate
14 882
100 500
-
-
nationa
3 571
24 121
-
-
municipal
717
4 843
-
-
total
4 288
28 964
-
-
Dividends
10 594
71 536
-
-
withholding
2 755
18 599
-
-
total
2 755
18 599
-
-
Income
100 500
100 500
100 500
100 500
Total tax
52 186
47 563
54 386
49 788
After tax
48 314
52 937
46 114
50 712
Living cost
40 476
40 476
40 476
40 476
Free-cash
7 838
12 461
5 637
10 236

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Rome model

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