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
₽ 101500
per

Your estimated
City
free-cash

Dresden , Germany
₽20544
₽31781
₽32955
₽41501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
trade
-
-
-
8 546
income

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

-
-
-
21 121
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.

-
-
-
1 161
total
-
-
-
37 769
Employee

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

38 862
-
101 500
-
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
-
1 161
-
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
-
21 121
-
total
8 087
-
29 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 638
101 500
-
-
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.

517
837
-
-
income
9 396
15 225
-
-
trade
9 865
15 986
-
-
chamber of commerce
245
301
-
-
total
20 023
32 349
-
-
Dividends
42 615
69 151
-
-
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.

565
929
-
-
withholding
10 268
16 902
-
-
total
10 833
17 831
-
-
Income
101 500
101 500
101 500
101 500
Total tax
38 943
50 180
29 223
37 769
After tax
62 557
51 320
72 277
63 731
Living cost
30 776
30 776
30 776
30 776
Free-cash
31 781
20 544
41 501
32 955

Estimated living cost  is ₽30776 per week

₽19359
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
₽12069
₽11217
₽9997
₽10793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
10 576
pensions
-
-
-
12 180
national
-
-
-
16 389
social contributions
-
-
-
1 091
total
-
-
-
40 236
Employee
79 474
-
87 746
-
municipal
9 816
-
10 969
-
pensions
3 179
-
3 510
-
national
15 211
-
16 998
-
total
28 206
-
31 477
-
Employer
79 474
-
87 746
-
social contributions
854
-
943
-
pensions
6 358
-
7 020
-
total
7 212
-
7 963
-
Corporate
9 569
101 500
-
-
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%.

1 914
20 300
-
-
total
1 914
20 300
-
-
Dividends
7 655
81 200
-
-
withholding
1 684
17 864
-
-
total
1 684
17 864
-
-
Income
101 500
101 500
101 500
101 500
Total tax
39 016
38 164
39 440
40 236
After tax
62 484
63 336
62 060
61 264
Living cost
51 267
51 267
51 267
51 267
Free-cash
11 217
12 069
10 793
9 997

Estimated living cost  is ₽51267 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.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60062
₽51727
₽33047
₽36074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
microenterprise
-
-
-
-
income
-
-
-
14 683
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.

-
-
-
32 632
total
-
-
-
47 315
Employee
29 690
-
81 796
-
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
-
8 997
-
surtax
-
-
-
-
income
5 285
-
15 587
-
total
8 551
-
24 584
-
Employer
29 690
-
81 796
-
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.

7 152
-
19 704
-
surtax
-
-
-
-
total
7 152
-
19 704
-
Corporate
64 659
101 500
-
-
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%.

12 932
20 300
-
-
total
12 932
20 300
-
-
Dividends

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

51 726
81 200
-
-
total
-
-
-
-
Income
101 500
101 500
101 500
101 500
Total tax
28 635
20 300
44 288
47 315
After tax
72 865
81 200
57 212
54 185
Living cost
21 138
21 138
21 138
21 138
Free-cash
51 727
60 062
36 074
33 047

Estimated living cost  is ₽21138 per week

₽13486
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
₽6307
₽310
₽15047
₽604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
19 815
pensions
-
-
-
11 905
health
-
-
-
12 169
total
-
-
-
43 889
Employee
86 768
86 768
86 768
-
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
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
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
603
-
-
-
income
121
-
-
-
total
121
-
-
-
Dividends
481
-
-
-
income
102
-
-
-
withholding
71
-
-
-
total
173
-
-
-
Income
101 500
101 500
101 500
101 500
Total tax
58 626
52 629
58 332
43 889
After tax
42 874
48 871
43 168
57 611
Living cost
42 564
42 564
42 564
42 564
Free-cash
310
6 307
604
15 047

Estimated living cost  is ₽42564 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
₽16277
₽15397
₽14649
₽15060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
22 857
accident
-
-
-
172
pensions
-
-
-
9 273
other
-
-
-
9 968
unemployment
-
-
-
86
health
-
-
-
5 353
national
-
-
-
-
total
-
-
-
47 709
Employee
55 773
-
77 233
-
municipal
16 632
-
23 031
-
national
-
-
-
-
total
16 632
-
23 031
-
Employer
55 773
-
77 233
-
accident
112
-
154
-
other
6 481
-
8 975
-
unemployment
1 472
-
2 039
-
pensions
6 029
-
8 349
-
health
3 430
-
4 750
-
total
17 524
-
24 267
-
Corporate
28 203
101 500
-
-
income
6 205
22 330
-
-
total
6 205
22 330
-
-
Dividends
21 998
79 170
-
-
withholding
6 600
23 751
-
-
total
6 600
23 751
-
-
Income
101 500
101 500
101 500
101 500
Total tax
46 961
46 081
47 298
47 709
After tax
54 539
55 419
54 202
53 791
Living cost
39 142
39 142
39 142
39 142
Free-cash
15 397
16 277
15 060
14 649

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
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.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10883
₽25157
₽23436
₽32362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
trade
-
-
-
8 926
income

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

-
-
-
21 121
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.

-
-
-
1 161
total
-
-
-
38 149
Employee

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

51 527
-
101 500
-
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
-
1 161
-
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
-
21 121
-
total
11 611
-
29 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 973
101 500
-
-
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
837
-
-
income
7 497
15 225
-
-
trade
8 220
16 696
-
-
chamber of commerce
226
299
-
-
total
16 356
33 057
-
-
Dividends
33 619
68 443
-
-
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.

442
920
-
-
withholding
8 019
16 725
-
-
total
8 461
17 645
-
-
Income
101 500
101 500
101 500
101 500
Total tax
36 428
50 702
29 223
38 149
After tax
65 072
50 798
72 277
63 351
Living cost
39 915
39 915
39 915
39 915
Free-cash
25 157
10 883
32 362
23 436

Estimated living cost  is ₽39915 per week

₽26696
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.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41342
₽37128
₽39062
₽38959
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
11 060
health
-
-
-
2 588
social contributions
-
-
-
15 834
total
-
-
-
29 482
Employee
78 130
78 130
92 146
-
social contributions
3 797
6 484
7 649
-
health
777
1 329
1 566
-
income
8 204
7 233
11 016
-
total
12 778
15 046
20 231
-
Employer
78 130
78 130
92 146
-
social contributions
3 797
6 484
7 649
-
health
846
1 446
1 705
-
total
4 643
7 930
9 354
-
Corporate
51 123
15 439
-
-
income
6 390
1 930
-
-
total
6 390
1 930
-
-
Dividends
44 733
13 509
-
-
withholding
7 605
2 296
-
-
total
7 605
2 296
-
-
Income
101 500
101 500
101 500
101 500
Total tax
31 416
27 202
29 585
29 482
After tax
70 084
74 298
71 915
72 018
Living cost
32 956
32 956
32 956
32 956
Free-cash
37 128
41 342
38 959
39 062

Estimated living cost  is ₽32956 per week

₽22529
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
₽38776
₽39162
₽51912
₽40437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
12 408
pensions
-
-
-
10 150
unemployment
-
-
-
1 523
health
-
-
-
7 105
total
-
-
-
31 186
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.

26 564
10 572
84 937
-
health
1 859
740
5 946
-
income
3 247
1 292
10 384
-
pensions
2 656
1 057
8 494
-
unemployment
398
159
1 274
-
total
8 160
3 248
26 098
-
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.

26 564
10 572
84 937
-
pensions
5 180
2 062
16 563
-
total
5 180
2 062
16 563
-
Corporate
69 756
88 866
-
-
income
6 278
7 998
-
-
total
6 278
7 998
-
-
Dividends
63 478
80 868
-
-
social contributions
12 257
15 649
-
-
withholding
12 061
15 365
-
-
total
24 318
31 014
-
-
Income
101 500
101 500
101 500
101 500
Total tax
43 936
44 322
42 661
31 186
After tax
57 564
57 178
58 839
70 314
Living cost
18 402
18 402
18 402
18 402
Free-cash
39 162
38 776
40 437
51 912

Estimated living cost  is ₽18402 per week

₽12558
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
₽56658
₽50346
₽29863
₽33962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
13 601
pensions
-
-
-
20 300
health
-
-
-
13 194
total
-
-
-
47 095
Employee
28 824
-
75 857
-
income
3 245
-
14 625
-
pensions
577
-
1 517
-
unemployment
461
-
1 213
-
total
4 283
-
17 355
-
Employer
28 824
-
75 857
-
unemployment
231
-
607
-
pensions
5 765
-
15 173
-
health
3 746
-
9 861
-
total
9 742
-
25 641
-
Corporate
62 933
101 500
-
-
income
12 587
20 300
-
-
total
12 587
20 300
-
-
Dividends
50 346
81 200
-
-
total
-
-
-
-
Income
101 500
101 500
101 500
101 500
Total tax
26 612
20 300
42 996
47 095
After tax
74 888
81 200
58 504
54 405
Living cost
24 542
24 542
24 542
24 542
Free-cash
50 346
56 658
33 962
29 863

Estimated living cost  is ₽24542 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
-₽13969
₽4817
₽47469
₽30266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
255
income
-
-
-
24 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 841
Employee
34 905
-
86 811
-
health
3 997
-
9 940
-
income
4 789
-
16 720
-
pensions
3 930
-
7 695
-
total
12 716
-
34 355
-
Employer
34 905
-
86 811
-
accident
583
-
1 450
-
unemployment
855
-
2 127
-
pensions
5 676
-
11 112
-
total
7 114
-
14 689
-
Corporate
59 481
101 500
-
-
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.

53 533
91 350
-
-
total
53 533
91 350
-
-
Dividends
5 948
10 150
-
-
withholding
1 130
1 929
-
-
total
1 130
1 929
-
-
Income
101 500
101 500
101 500
101 500
Total tax
74 493
93 279
49 044
31 841
After tax
27 007
8 221
52 456
69 659
Living cost
22 190
22 190
22 190
22 190
Free-cash
4 817
-13 969
30 266
47 469

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
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.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87163
₽85427
₽91223
₽71938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
101 500
microenterprise

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

-
-
-
1 015
total
-
-
-
1 015
Employee
11 577
-
101 500
-
income
2 315
-
20 300
-
total
2 315
-
20 300
-
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%.

89 923
101 500
-
-
total
-
-
-
-
Dividends
89 923
101 500
-
-
withholding
4 496
5 075
-
-
total
4 496
5 075
-
-
Income
101 500
101 500
101 500
101 500
Total tax
6 811
5 075
20 300
1 015
After tax
94 689
96 425
81 200
100 485
Living cost
9 262
9 262
9 262
9 262
Free-cash
85 427
87 163
71 938
91 223

Estimated living cost  is ₽9262 per week

₽5740
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.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47497
₽40638
₽27889
₽32313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
12 892
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.

-
-
-
24 359
other
-
-
-
4 820
health
-
-
-
4 466
total
-
-
-
46 537
Employee
36 892
-
81 071
-
health
517
-
1 136
-
income
6 351
-
14 064
-
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
-
5 675
-
unemployment
368
-
810
-
total
9 818
-
21 685
-
Employer
36 892
-
81 071
-
accident
295
-
648
-
other
1 845
-
4 053
-
unemployment
368
-
810
-
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
-
13 781
-
health
517
-
1 136
-
total
9 297
-
20 428
-
Corporate
55 310
101 500
-
-
income
11 615
21 316
-
-
total
11 615
21 316
-
-
Dividends
43 695
80 184
-
-
withholding
3 058
5 613
-
-
total
3 058
5 613
-
-
Income
101 500
101 500
101 500
101 500
Total tax
33 788
26 929
42 113
46 537
After tax
67 712
74 571
59 387
54 963
Living cost
27 074
27 074
27 074
27 074
Free-cash
40 638
47 497
32 313
27 889

Estimated living cost  is ₽27074 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
₽6525
-₽8536
₽4938
-₽4797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
20 737
pensions
-
-
-
7 428
total
-
-
-
28 165
Employee
96 771
-
89 394
-
health
1 595
-
1 444
-
income
17 444
-
15 899
-
pensions
9 336
-
8 451
-
total
28 375
-
25 794
-
Employer
96 771
-
89 394
-
pensions
11 426
-
10 408
-
health
1 838
-
1 698
-
total
13 264
-
12 106
-
Corporate
-
101 500
-
-
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.

-
19 284
-
-
total
-
19 284
-
-
Dividends
-
82 216
-
-
withholding
-
7 294
-
-
total
-
7 294
-
-
Income
101 500
101 500
101 500
101 500
Total tax
41 639
26 578
37 900
28 165
After tax
59 861
74 922
63 600
73 335
Living cost
68 397
68 397
68 397
68 397
Free-cash
-8 536
6 525
-4 797
4 938

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽73460
₽68741
₽63476
₽66622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
15 225
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
-
-
-
24 702
Employee
17 640
-
94 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
9 454
-
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
-
14 593
-
Employer
17 640
-
94 537
-
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
80 398
101 500
-
-
income
8 040
10 150
-
-
total
8 040
10 150
-
-
Dividends
72 358
91 350
-
-
withholding
3 618
4 568
-
-
total
3 618
4 568
-
-
Income
101 500
101 500
101 500
101 500
Total tax
19 437
14 718
21 556
24 702
After tax
82 063
86 782
79 944
76 798
Living cost
13 322
13 322
13 322
13 322
Free-cash
68 741
73 460
66 622
63 476

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
-₽7471
-₽9195
₽1269
-₽13174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
19 815
pensions
-
-
-
11 905
health
-
-
-
12 169
total
-
-
-
43 889
Employee
94 202
86 768
86 768
-
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
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
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
101 500
101 500
101 500
101 500
Total tax
54 353
52 629
58 332
43 889
After tax
47 147
48 871
43 168
57 611
Living cost
56 342
56 342
56 342
56 342
Free-cash
-9 195
-7 471
-13 174
1 269

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
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
₽45609
₽36948
₽25161
₽27232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
8 724
health
-
-
-
13 703
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 638
total
-
-
-
52 065
Employee
35 696
-
75 746
-
social contributions
2 320
-
4 924
-
health
4 819
-
10 226
-
solidarity contribution
-
-
-
-
income
4 284
-
9 090
-
total
11 423
-
24 240
-
Employer
35 696
-
75 746
-
social contributions
8 924
-
18 937
-
health
3 213
-
6 817
-
total
12 137
-
25 754
-
Corporate
53 667
101 500
-
-
income
10 197
19 285
-
-
total
10 197
19 285
-
-
Dividends
43 470
82 215
-
-
withholding
6 521
12 332
-
-
total
6 521
12 332
-
-
Income
101 500
101 500
101 500
101 500
Total tax
40 278
31 617
49 994
52 065
After tax
61 222
69 883
51 506
49 435
Living cost
24 274
24 274
24 274
24 274
Free-cash
36 948
45 609
27 232
25 161

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
₽11279
₽5973
₽9241
₽4414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
604
regional
-
-
-
1 120
national
-
-
-
21 555
social contributions
-
-
-
26 106
total
-
-
-
49 385
Employee
90 301
-
101 500
-
social contributions
30 450
-
34 225
-
regional
852
-
981
-
municipal
478
-
538
-
national
15 647
-
18 468
-
total
47 427
-
54 212
-
Employer
90 301
-
101 500
-
total
-
-
-
-
Corporate
11 199
101 500
-
-
nationa
2 688
24 361
-
-
municipal
438
3 959
-
-
total
3 126
28 320
-
-
Dividends
8 073
73 181
-
-
withholding
2 100
19 027
-
-
total
2 100
19 027
-
-
Income
101 500
101 500
101 500
101 500
Total tax
52 653
47 347
54 212
49 385
After tax
48 847
54 153
47 288
52 115
Living cost
42 874
42 874
42 874
42 874
Free-cash
5 973
11 279
4 414
9 241

Estimated living cost  is ₽42874 per week

₽29887
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.
₽658
Clothing and shoes. We estimate one pair of shoes and 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
₽41422
₽38260
₽29808
₽27845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
19 195
pensions
-
-
-
20 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 206
surtax
-
-
-
2 339
total
-
-
-
49 271
Employee
33 601
-
83 848
-
other
-
-
-
-
health
858
-
2 138
-
surtax
110
-
2 111
-
income
5 632
-
17 905
-
pensions
2 241
-
5 592
-
unemployment
2 339
-
5 837
-
total
11 180
-
33 583
-
Employer
33 601
-
83 848
-
other
-
-
-
-
unemployment
1 064
-
2 657
-
pensions
4 479
-
11 178
-
health
1 529
-
3 816
-
total
7 072
-
17 651
-
Corporate
60 827
101 500
-
-
income
15 815
26 391
-
-
total
15 815
26 391
-
-
Dividends
45 012
75 109
-
-
withholding
6 752
11 266
-
-
total
6 752
11 266
-
-
Income
101 500
101 500
101 500
101 500
Total tax
40 819
37 657
51 234
49 271
After tax
60 681
63 843
50 266
52 229
Living cost
22 421
22 421
22 421
22 421
Free-cash
38 260
41 422
27 845
29 808

Estimated living cost  is ₽22421 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
₽28195
₽21276
₽26608
₽16873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
20 737
pensions
-
-
-
7 428
total
-
-
-
28 165
Employee
64 853
-
89 394
-
health
941
-
1 444
-
income
11 680
-
15 899
-
pensions
5 505
-
8 451
-
total
18 126
-
25 794
-
Employer
64 853
-
89 394
-
pensions
7 020
-
10 408
-
health
1 232
-
1 698
-
total
8 252
-
12 106
-
Corporate
28 394
101 500
-
-
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.

5 394
19 284
-
-
total
5 394
19 284
-
-
Dividends
23 000
82 216
-
-
withholding
1 725
7 294
-
-
total
1 725
7 294
-
-
Income
101 500
101 500
101 500
101 500
Total tax
33 497
26 578
37 900
28 165
After tax
68 003
74 922
63 600
73 335
Living cost
46 727
46 727
46 727
46 727
Free-cash
21 276
28 195
16 873
26 608

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31211
₽2002
₽7080
₽2004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
city
-
-
-
1 069
pensions
-
-
-
9 339
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.

-
-
-
2 030
regional
-
-
-
3 475
health
-
-
-
253
national
-
-
-
628
total
-
-
-
16 794
Employee
90 843
-
90 847
-
city
975
-
975
-
regional
2 975
-
2 975
-
health
205
-
205
-
pensions
7 632
-
7 632
-
unemployment
-
-
-
-
national
430
-
430
-
total
12 217
-
12 217
-
Employer
90 843
-
90 847
-
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
-
1 816
-
unemployment
-
-
-
-
pensions
7 632
-
7 632
-
health
205
-
205
-
total
9 653
-
9 653
-
Corporate
4
101 500
-
-
regional
-
21 467
-
-
national
-
8 627
-
-
total
-
30 094
-
-
Dividends
4
71 407
-
-
withholding
2
24 991
-
-
total
2
24 991
-
-
Income
101 500
101 500
101 500
101 500
Total tax
21 872
55 085
21 870
16 794
After tax
79 628
46 415
79 630
84 706
Living cost
77 626
77 626
77 626
77 626
Free-cash
2 002
-31 211
2 004
7 080

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
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.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3729
₽20204
₽16426
₽25731
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
trade
-
-
-
9 305
income

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

-
-
-
21 121
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.

-
-
-
1 161
total
-
-
-
38 528
Employee

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

61 064
-
101 500
-
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
-
1 161
-
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.

7 181
-
21 121
-
total
14 517
-
29 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 436
101 500
-
-
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.

334
837
-
-
income
6 066
15 225
-
-
trade
6 936
17 408
-
-
chamber of commerce
212
297
-
-
total
13 548
33 767
-
-
Dividends
26 889
67 734
-
-
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.

349
910
-
-
withholding
6 336
16 548
-
-
total
6 685
17 458
-
-
Income
101 500
101 500
101 500
101 500
Total tax
34 750
51 225
29 223
38 528
After tax
66 750
50 275
72 277
62 972
Living cost
46 546
46 546
46 546
46 546
Free-cash
20 204
3 729
25 731
16 426

Estimated living cost  is ₽46546 per week

₽33996
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.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16392
₽22395
₽23687
₽22529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
9 652
pensions
-
-
-
25 483
other
-
-
-
3 151
health
-
-
-
1 872
surtax
-
-
-
-
social contributions
-
-
-
2 892
total
-
-
-
43 050
Employee
43 486
-
77 346
-
social contributions
1 240
-
2 204
-
surtax
-
-
-
-
income
2 566
-
9 102
-
pensions
4 917
-
8 748
-
total
8 723
-
20 054
-
Employer
43 486
-
77 346
-
other
1 500
-
2 669
-
social contributions
131
-
231
-
unemployment
1 760
-
3 133
-
pensions
7 144
-
12 707
-
health
3 045
-
5 414
-
total
13 580
-
24 154
-
Corporate
44 434
101 500
-
-
surtax
-
-
-
-
income
12 441
28 419
-
-
total
12 441
28 419
-
-
Dividends
31 993
73 081
-
-
surtax
-
-
-
-
social contributions
5 503
12 572
-
-
withholding
4 095
9 354
-
-
total
9 598
21 926
-
-
Income
101 500
101 500
101 500
101 500
Total tax
44 342
50 345
44 208
43 050
After tax
57 158
51 155
57 292
58 450
Living cost
34 763
34 763
34 763
34 763
Free-cash
22 395
16 392
22 529
23 687

Estimated living cost  is ₽34763 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
₽19836
₽25483
₽27131
₽25973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
9 652
pensions
-
-
-
25 483
other
-
-
-
3 151
health
-
-
-
1 872
surtax
-
-
-
-
social contributions
-
-
-
2 892
total
-
-
-
43 050
Employee
38 817
-
77 346
-
social contributions
1 107
-
2 204
-
surtax
-
-
-
-
income
2 001
-
9 102
-
pensions
4 390
-
8 748
-
total
7 498
-
20 054
-
Employer
38 817
-
77 346
-
other
1 340
-
2 669
-
social contributions
116
-
231
-
unemployment
1 571
-
3 133
-
pensions
6 378
-
12 707
-
health
2 717
-
5 414
-
total
12 122
-
24 154
-
Corporate
50 560
101 500
-
-
surtax
-
-
-
-
income
14 157
28 419
-
-
total
14 157
28 419
-
-
Dividends
36 404
73 081
-
-
surtax
-
-
-
-
social contributions
6 261
12 572
-
-
withholding
4 660
9 354
-
-
total
10 921
21 926
-
-
Income
101 500
101 500
101 500
101 500
Total tax
44 698
50 345
44 208
43 050
After tax
56 802
51 155
57 292
58 450
Living cost
31 319
31 319
31 319
31 319
Free-cash
25 483
19 836
25 973
27 131

Estimated living cost  is ₽31319 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.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40380
₽40906
₽43640
₽43823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
15 225
health
-
-
-
7 084
social contributions
-
-
-
14 006
total
-
-
-
36 315
Employee
34 451
-
101 500
-
social contributions
4 755
-
14 006
-
health
2 404
-
7 084
-
income
5 746
-
15 042
-
total
12 905
-
36 132
-
Employer
34 451
-
101 500
-
total
-
-
-
-
Corporate
67 049
101 500
-
-
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%.

3 353
5 075
-
-
total
3 353
5 075
-
-
Dividends
63 696
96 425
-
-
health
4 446
6 731
-
-
social contributions
8 791
13 306
-
-
withholding
9 554
14 463
-
-
total
22 791
34 500
-
-
Income
101 500
101 500
101 500
101 500
Total tax
39 049
39 575
36 132
36 315
After tax
62 451
61 925
65 368
65 185
Living cost
21 545
21 545
21 545
21 545
Free-cash
40 906
40 380
43 823
43 640

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
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.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21096
₽19526
₽15598
-₽4995
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
chamber of commerce
-
-
-
407
income
-
-
-
16 717
pensions
-
-
-
18 778
unemployment
-
-
-
6 232
health
-
-
-
7 765
surtax
-
-
-
201
total
-
-
-
50 100
Employee
50 778
40 492
78 661
-
other
507
405
787
-
health
1 965
1 568
3 045
-
income
5 781
2 987
14 907
-
pensions
5 200
4 146
8 054
-
unemployment
1 523
1 215
2 360
-
total
14 976
10 321
29 153
-
Employer
50 778
40 492
78 661
-
accident
659
526
1 022
-
other
2 412
1 922
3 737
-
chamber of commerce
202
162
314
-
unemployment
1 523
1 215
2 360
-
surtax
201
201
201
-
pensions
6 373
5 083
9 872
-
payroll
1 523
1 215
2 360
-
health
1 919
1 531
2 973
-
total
14 812
11 855
22 839
-
Corporate
35 910
49 154
74 804
-
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.

8 978
12 288
18 701
-
total
8 978
12 288
18 701
-
Dividends
26 932
36 866
-
-
withholding
7 406
10 138
-
-
total
7 406
10 138
-
-
Income
101 500
101 500
101 500
101 500
Total tax
46 172
44 602
70 693
50 100
After tax
55 328
56 898
30 807
51 400
Living cost
35 802
35 802
35 802
35 802
Free-cash
19 526
21 096
-4 995
15 598

Estimated living cost  is ₽35802 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
₽19879
₽4639
₽10638
₽2527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
national
-
-
-
32 846
communal

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

-
-
-
5 141
social contributions
-
-
-
15 828
total
-
-
-
53 815
Employee

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

72 680
-
78 616
-
communal

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

3 791
-
4 101
-
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
-
3 694
-
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
-
5 896
-
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
-
685
-
national
22 345
-
24 666
-
total
35 634
-
39 042
-
Employer

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

72 680
-
78 616
-
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
-
1 022
-
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
-
1 147
-
surtax
8 241
-
8 916
-
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
-
6 965
-
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.

4 470
-
4 834
-
total
21 156
-
22 884
-
Corporate
7 664
101 500
-
-
surtax
31
407
-
-
income
1 533
20 300
-
-
total
1 564
20 707
-
-
Dividends
6 101
80 793
-
-
withholding

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

1 460
23 867
-
-
total
1 460
23 867
-
-
Income
101 500
101 500
101 500
101 500
Total tax
59 814
44 574
61 926
53 815
After tax
41 686
56 926
39 574
47 685
Living cost
37 047
37 047
37 047
37 047
Free-cash
4 639
19 879
2 527
10 638

Estimated living cost  is ₽37047 per week

₽23863
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
₽31695
₽23601
₽17742
₽17005
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
848
income
-
-
-
18 812
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 064
Employee
50 577
-
76 966
-
other
50
-
77
-
income
10 671
-
18 380
-
pensions
2 377
-
3 617
-
unemployment
785
-
1 194
-
total
13 883
-
23 268
-
Employer
50 577
-
76 966
-
accident
1 001
-
1 523
-
other
403
-
615
-
unemployment
2 782
-
4 232
-
pensions
11 935
-
18 163
-
total
16 121
-
24 533
-
Corporate
34 801
101 500
-
-
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.

5 220
15 225
-
-
total
5 220
15 225
-
-
Dividends
29 582
86 275
-
-
withholding
5 981
17 886
-
-
total
5 981
17 886
-
-
Income
101 500
101 500
101 500
101 500
Total tax
41 205
33 111
47 801
47 064
After tax
60 295
68 389
53 699
54 436
Living cost
36 694
36 694
36 694
36 694
Free-cash
23 601
31 695
17 005
17 742

Estimated living cost  is ₽36694 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
₽6911
-₽5
₽2894
₽7452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
856
income
-
-
-
8 740
pensions
-
-
-
15 213
health
-
-
-
7 132
surtax
-
-
-
5 033
communal
-
-
-
6 415
total
-
-
-
43 389
Employee
76 946
-
90 664
-
health
3 424
-
4 036
-
surtax
4 716
-
5 557
-
income
7 432
-
11 147
-
pensions
6 155
-
7 254
-
total
21 727
-
27 994
-
Employer
76 946
-
90 664
-
accident
692
-
816
-
pensions
6 155
-
7 254
-
health
2 347
-
2 767
-
total
9 194
-
10 837
-
Corporate
15 361
101 500
-
-
surtax
162
1 066
-
-
communal
-
6 851
-
-
income
2 304
15 225
-
-
total
2 466
23 142
-
-
Dividends
12 895
78 358
-
-
income
10 967
4 476
-
-
withholding
1 934
11 754
-
-
total
12 901
16 230
-
-
Income
101 500
101 500
101 500
101 500
Total tax
46 288
39 372
38 831
43 389
After tax
55 212
62 128
62 669
58 111
Living cost
55 217
55 217
55 217
55 217
Free-cash
-5
6 911
7 452
2 894

Estimated living cost  is ₽55217 per week

₽41421
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.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41021
₽37790
₽29407
₽27444
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
19 195
pensions
-
-
-
20 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 206
surtax
-
-
-
2 339
total
-
-
-
49 271
Employee
34 217
-
83 848
-
other
-
-
-
-
health
873
-
2 138
-
surtax
121
-
2 111
-
income
5 736
-
17 905
-
pensions
2 283
-
5 592
-
unemployment
2 381
-
5 837
-
total
11 394
-
33 583
-
Employer
34 217
-
83 848
-
other
-
-
-
-
unemployment
1 086
-
2 657
-
pensions
4 562
-
11 178
-
health
1 556
-
3 816
-
total
7 204
-
17 651
-
Corporate
60 079
101 500
-
-
income
15 620
26 391
-
-
total
15 620
26 391
-
-
Dividends
44 459
75 109
-
-
withholding
6 670
11 266
-
-
total
6 670
11 266
-
-
Income
101 500
101 500
101 500
101 500
Total tax
40 888
37 657
51 234
49 271
After tax
60 612
63 843
50 266
52 229
Living cost
22 822
22 822
22 822
22 822
Free-cash
37 790
41 021
27 444
29 407

Estimated living cost  is ₽22822 per week

₽13779
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
₽25978
₽23727
₽24334
₽19532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
604
regional
-
-
-
1 530
national
-
-
-
21 555
social contributions
-
-
-
26 106
total
-
-
-
49 795
Employee
56 363
-
101 500
-
social contributions
19 006
-
34 225
-
regional
759
-
1 366
-
municipal
299
-
538
-
national
8 929
-
18 468
-
total
28 993
-
54 597
-
Employer
56 363
-
101 500
-
total
-
-
-
-
Corporate
45 137
101 500
-
-
nationa
10 832
24 361
-
-
municipal
2 242
5 044
-
-
total
13 074
29 405
-
-
Dividends
32 063
72 095
-
-
withholding
8 335
18 746
-
-
total
8 335
18 746
-
-
Income
101 500
101 500
101 500
101 500
Total tax
50 402
48 151
54 597
49 795
After tax
51 098
53 349
46 903
51 705
Living cost
27 371
27 371
27 371
27 371
Free-cash
23 727
25 978
19 532
24 334

Estimated living cost  is ₽27371 per week

₽17022
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
₽39972
₽29301
₽19524
₽21595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
8 724
health
-
-
-
13 703
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 638
total
-
-
-
52 065
Employee
43 987
-
75 746
-
social contributions
2 859
-
4 924
-
health
5 938
-
10 226
-
solidarity contribution
-
-
-
-
income
5 278
-
9 090
-
total
14 075
-
24 240
-
Employer
43 987
-
75 746
-
social contributions
10 997
-
18 937
-
health
3 959
-
6 817
-
total
14 956
-
25 754
-
Corporate
42 557
101 500
-
-
income
8 086
19 285
-
-
total
8 086
19 285
-
-
Dividends
34 471
82 215
-
-
withholding
5 171
12 332
-
-
total
5 171
12 332
-
-
Income
101 500
101 500
101 500
101 500
Total tax
42 288
31 617
49 994
52 065
After tax
59 212
69 883
51 506
49 435
Living cost
29 911
29 911
29 911
29 911
Free-cash
29 301
39 972
21 595
19 524

Estimated living cost  is ₽29911 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
₽24592
₽24092
₽19185
-₽1573
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
chamber of commerce
-
-
-
407
income
-
-
-
16 717
pensions
-
-
-
18 778
unemployment
-
-
-
6 232
health
-
-
-
7 765
surtax
-
-
-
-
total
-
-
-
49 899
Employee
44 415
40 492
78 819
-
other
443
405
789
-
health
1 718
1 568
3 050
-
income
3 957
2 987
14 961
-
pensions
4 549
4 146
8 071
-
unemployment
1 332
1 215
2 364
-
total
11 999
10 321
29 235
-
Employer
44 415
40 492
78 819
-
accident
577
526
1 024
-
other
2 109
1 922
3 743
-
chamber of commerce
177
162
316
-
unemployment
1 332
1 215
2 364
-
surtax
-
-
-
-
pensions
5 574
5 083
9 892
-
payroll
1 332
1 215
2 364
-
health
1 679
1 531
2 979
-
total
12 780
11 654
22 682
-
Corporate
44 303
49 355
74 963
-
income

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

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

11 075
12 338
18 740
-
total
11 075
12 338
18 740
-
Dividends
33 228
37 016
-
-
withholding
9 138
10 179
-
-
total
9 138
10 179
-
-
Income
101 500
101 500
101 500
101 500
Total tax
44 992
44 492
70 657
49 899
After tax
56 508
57 008
30 843
51 601
Living cost
32 416
32 416
32 416
32 416
Free-cash
24 092
24 592
-1 573
19 185

Estimated living cost  is ₽32416 per week

₽19446
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.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81992
₽79286
₽86052
₽66767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
101 500
microenterprise

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

-
-
-
1 015
total
-
-
-
1 015
Employee
18 041
-
101 500
-
income
3 608
-
20 300
-
total
3 608
-
20 300
-
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%.

83 459
101 500
-
-
total
-
-
-
-
Dividends
83 459
101 500
-
-
withholding
4 173
5 075
-
-
total
4 173
5 075
-
-
Income
101 500
101 500
101 500
101 500
Total tax
7 781
5 075
20 300
1 015
After tax
93 719
96 425
81 200
100 485
Living cost
14 433
14 433
14 433
14 433
Free-cash
79 286
81 992
66 767
86 052

Estimated living cost  is ₽14433 per week

₽9767
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.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42628
₽34129
₽25266
₽22355
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
income
-
-
-
20 305
pensions
-
-
-
18 536
unemployment
-
-
-
152
health
-
-
-
9 988
total
-
-
-
48 981
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.

44 931
-
87 825
-
health
2 902
-
5 675
-
income
7 748
-
18 807
-
pensions
6 965
-
13 613
-
unemployment
64
-
123
-
total
17 679
-
38 218
-
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.

44 931
-
87 825
-
unemployment
27
-
52
-
pensions
3 976
-
7 772
-
health
2 993
-
5 850
-
total
6 996
-
13 674
-
Corporate
49 574
101 500
-
-
income
9 419
19 286
-
-
total
9 419
19 286
-
-
Dividends
40 155
82 214
-
-
withholding
6 024
12 333
-
-
total
6 024
12 333
-
-
Income
101 500
101 500
101 500
101 500
Total tax
40 118
31 619
51 892
48 981
After tax
61 382
69 881
49 608
52 519
Living cost
27 253
27 253
27 253
27 253
Free-cash
34 129
42 628
22 355
25 266

Estimated living cost  is ₽27253 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
₽17860
-₽50177
₽26252
₽44225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
19 784
social contributions
-
-
-
11 571
total
-
-
-
31 355
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
101 500
-
-
income
-
22 330
-
-
total
-
22 330
-
-
Dividends
-
79 170
-
-
income
-
17 417
-
-
total
-
17 417
-
-
Income
101 500
101 500
101 500
101 500
Total tax
107 784
39 747
13 382
31 355
After tax
-6 284
61 753
88 118
70 145
Living cost
43 893
43 893
43 893
43 893
Free-cash
-50 177
17 860
44 225
26 252

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
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.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25861
₽24839
₽24895
₽19764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
income
-
-
-
9 462
surtax
-
-
-
-
social contributions

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

-
-
-
35 272
total
-
-
-
44 734
Employee
46 731
-
82 020
-
social contributions
5 141
-
9 022
-
surtax
-
-
-
-
income
9 720
-
21 363
-
total
14 861
-
30 385
-
Employer
46 731
-
82 020
-
social contributions
11 099
-
19 480
-
total
11 099
-
19 480
-
Corporate
43 670
101 500
-
-
surtax
-
-
-
-
income
9 170
21 316
-
-
total
9 170
21 316
-
-
Dividends
34 500
80 184
-
-
withholding
9 660
22 452
-
-
total
9 660
22 452
-
-
Income
101 500
101 500
101 500
101 500
Total tax
44 790
43 768
49 865
44 734
After tax
56 710
57 732
51 635
56 766
Living cost
31 871
31 871
31 871
31 871
Free-cash
24 839
25 861
19 764
24 895

Estimated living cost  is ₽31871 per week

₽23846
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
₽2080
₽9065
₽9376
₽8218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
9 652
pensions
-
-
-
25 483
other
-
-
-
3 151
health
-
-
-
1 872
surtax
-
-
-
-
social contributions
-
-
-
2 892
total
-
-
-
43 050
Employee
63 638
-
77 346
-
social contributions
1 812
-
2 204
-
surtax
-
-
-
-
income
5 553
-
9 102
-
pensions
7 198
-
8 748
-
total
14 563
-
20 054
-
Employer
63 638
-
77 346
-
other
2 196
-
2 669
-
social contributions
191
-
231
-
unemployment
2 578
-
3 133
-
pensions
10 456
-
12 707
-
health
4 454
-
5 414
-
total
19 875
-
24 154
-
Corporate
17 986
101 500
-
-
surtax
-
-
-
-
income
5 036
28 419
-
-
total
5 036
28 419
-
-
Dividends
12 950
73 081
-
-
surtax
-
-
-
-
social contributions
2 229
12 572
-
-
withholding
1 658
9 354
-
-
total
3 887
21 926
-
-
Income
101 500
101 500
101 500
101 500
Total tax
43 361
50 345
44 208
43 050
After tax
58 139
51 155
57 292
58 450
Living cost
49 074
49 074
49 074
49 074
Free-cash
9 065
2 080
8 218
9 376

Estimated living cost  is ₽49074 per week

₽33213
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.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60808
₽57396
₽46881
₽49580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
1 747
social contributions
-
-
-
22 330
total
-
-
-
24 077
Employee
32 665
-
87 879
-
income
-
-
2 046
-
social contributions
2 123
-
5 711
-
total
2 123
-
7 757
-
Employer
32 665
-
87 879
-
social contributions
5 063
-
13 621
-
total
5 063
-
13 621
-
Corporate
63 771
101 500
-
-
income
6 376
10 150
-
-
total
6 376
10 150
-
-
Dividends
57 395
91 350
-
-
total
-
-
-
-
Income
101 500
101 500
101 500
101 500
Total tax
13 562
10 150
21 378
24 077
After tax
87 938
91 350
80 122
77 423
Living cost
30 542
30 542
30 542
30 542
Free-cash
57 396
60 808
49 580
46 881

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
-₽119852
-₽119852
₽14036
-₽119852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
18 843
pensions
-
-
-
881
national
-
-
-
10 763
labour market
-
-
-
8 049
total
-
-
-
38 536
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
101 500
101 500
101 500
101 500
Total tax
172 424
172 424
172 424
38 536
After tax
-70 924
-70 924
-70 924
62 964
Living cost
48 928
48 928
48 928
48 928
Free-cash
-119 852
-119 852
-119 852
14 036

Estimated living cost  is ₽48928 per week

₽33487
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
-₽13641
₽4868
₽47797
₽30594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
255
income
-
-
-
24 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 841
Employee
34 391
-
86 811
-
health
3 938
-
9 940
-
income
4 718
-
16 720
-
pensions
3 873
-
7 695
-
total
12 529
-
34 355
-
Employer
34 391
-
86 811
-
accident
574
-
1 450
-
unemployment
843
-
2 127
-
pensions
5 592
-
11 112
-
total
7 009
-
14 689
-
Corporate
60 100
101 500
-
-
income

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

54 090
91 350
-
-
total
54 090
91 350
-
-
Dividends
6 010
10 150
-
-
withholding
1 142
1 929
-
-
total
1 142
1 929
-
-
Income
101 500
101 500
101 500
101 500
Total tax
74 770
93 279
49 044
31 841
After tax
26 730
8 221
52 456
69 659
Living cost
21 862
21 862
21 862
21 862
Free-cash
4 868
-13 641
30 594
47 797

Estimated living cost  is ₽21862 per week

₽15913
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.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28487
₽26266
₽33077
₽18905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
101 500
municipal
-
-
-
18 065
health
-
-
-
1 140
national
-
-
-
10 209
total
-
-
-
29 414
Employee
53 457
-
85 388
-
health
399
-
891
-
municipal
8 756
-
13 943
-
pensions
3 608
-
5 763
-
unemployment
802
-
1 280
-
national
883
-
5 597
-
total
14 448
-
27 474
-
Employer
53 457
-
85 388
-
accident
54
-
85
-
unemployment
347
-
555
-
pensions
9 275
-
14 814
-
health
411
-
658
-
total
10 087
-
16 112
-
Corporate
37 957
101 500
-
-
income
7 591
20 300
-
-
total
7 591
20 300
-
-
Dividends

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

22 774
60 900
-
-
national
-
2 742
-
-
municipal
4 099
10 962
-
-
total
4 099
13 704
-
-
Income
101 500
101 500
101 500
101 500
Total tax
36 225
34 004
43 586
29 414
After tax
65 275
67 496
57 914
72 086
Living cost
39 009
39 009
39 009
39 009
Free-cash
26 266
28 487
18 905
33 077

Estimated living cost  is ₽39009 per week

₽25481
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
₽50773
₽45242
₽48493
₽48390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
11 060
health
-
-
-
2 588
social contributions
-
-
-
15 834
total
-
-
-
29 482
Employee
78 130
78 130
92 146
-
social contributions
2 954
6 484
7 649
-
health
605
1 329
1 566
-
income
8 507
7 233
11 016
-
total
12 066
15 046
20 231
-
Employer
78 130
78 130
92 146
-
social contributions
2 954
6 484
7 649
-
health
658
1 446
1 705
-
total
3 612
7 930
9 354
-
Corporate
62 297
15 439
-
-
income
7 788
1 930
-
-
total
7 788
1 930
-
-
Dividends
54 509
13 509
-
-
withholding
9 267
2 296
-
-
total
9 267
2 296
-
-
Income
101 500
101 500
101 500
101 500
Total tax
32 733
27 202
29 585
29 482
After tax
68 767
74 298
71 915
72 018
Living cost
23 525
23 525
23 525
23 525
Free-cash
45 242
50 773
48 390
48 493

Estimated living cost  is ₽23525 per week

₽14099
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
₽67920
₽62749
₽65512
₽46468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
101 500
income
-
-
-
9 687
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
19 856
Employee

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

23 322
-
92 021
-
health
1 982
-
7 823
-
income
1 595
-
7 333
-
pensions
3 498
-
13 804
-
unemployment
116
-
461
-
total
7 191
-
29 421
-
Employer

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

23 322
-
92 021
-
unemployment
116
-
461
-
pensions
1 282
-
5 061
-
health
1 003
-
3 957
-
total
2 401
-
9 479
-
Corporate
75 777
101 500
-
-
income
6 820
9 136
-
-
total
6 820
9 136
-
-
Dividends
68 957
92 364
-
-
withholding
6 207
8 312
-
-
total
6 207
8 312
-
-
Income
101 500
101 500
101 500
101 500
Total tax
22 619
17 448
38 900
19 856
After tax
78 881
84 052
62 600
81 644
Living cost
16 132
16 132
16 132
16 132
Free-cash
62 749
67 920
46 468
65 512

Estimated living cost  is ₽16132 per week

₽10293
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
₽40448
₽35118
₽26495
₽25758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
848
income
-
-
-
18 812
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 064
Employee
37 570
-
76 966
-
other
37
-
77
-
income
7 243
-
18 380
-
pensions
1 766
-
3 617
-
unemployment
582
-
1 194
-
total
9 628
-
23 268
-
Employer
37 570
-
76 966
-
accident
744
-
1 523
-
other
301
-
615
-
unemployment
2 067
-
4 232
-
pensions
8 866
-
18 163
-
total
11 978
-
24 533
-
Corporate
51 952
101 500
-
-
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.

7 794
15 225
-
-
total
7 794
15 225
-
-
Dividends
44 159
86 275
-
-
withholding
9 041
17 886
-
-
total
9 041
17 886
-
-
Income
101 500
101 500
101 500
101 500
Total tax
38 441
33 111
47 801
47 064
After tax
63 059
68 389
53 699
54 436
Living cost
27 941
27 941
27 941
27 941
Free-cash
35 118
40 448
25 758
26 495

Estimated living cost  is ₽27941 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
₽60555
₽60099
₽61560
₽61363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
33 659
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
37 159
Employee
4 236
-
99 218
-
health
212
-
507
-
income
820
-
33 552
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
35 073
-
Employer
4 236
-
99 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
96 310
101 500
-
-
income
21 188
22 330
-
-
total
21 188
22 330
-
-
Dividends
75 122
79 170
-
-
withholding
15 024
15 834
-
-
total
15 024
15 834
-
-
Income
101 500
101 500
101 500
101 500
Total tax
38 620
38 164
37 356
37 159
After tax
62 880
63 336
64 144
64 341
Living cost
2 781
2 781
2 781
2 781
Free-cash
60 099
60 555
61 363
61 560

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
₽55776
₽50778
₽36136
₽36135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
income
-
-
-
19 444
pensions
-
-
-
19 509
unemployment
-
-
-
1 125
health
-
-
-
7 728
total
-
-
-
47 806
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
-
88 069
-
health
1 364
-
3 864
-
income
3 650
-
19 444
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
34 376
-
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
-
88 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
70 284
101 500
-
-
income
10 543
15 225
-
-
total
10 543
15 225
-
-
Dividends
59 741
86 275
-
-
withholding
8 961
12 941
-
-
total
8 961
12 941
-
-
Income
101 500
101 500
101 500
101 500
Total tax
33 164
28 166
47 807
47 806
After tax
68 336
73 334
53 693
53 694
Living cost
17 558
17 558
17 558
17 558
Free-cash
50 778
55 776
36 135
36 136

Estimated living cost  is ₽17558 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
₽30340
₽29974
₽29374
₽24243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
income
-
-
-
9 462
surtax
-
-
-
-
social contributions

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

-
-
-
35 272
total
-
-
-
44 734
Employee
39 436
-
82 020
-
social contributions
4 338
-
9 022
-
surtax
-
-
-
-
income
7 705
-
21 363
-
total
12 043
-
30 385
-
Employer
39 436
-
82 020
-
social contributions
9 365
-
19 480
-
total
9 365
-
19 480
-
Corporate
52 699
101 500
-
-
surtax
-
-
-
-
income
11 068
21 316
-
-
total
11 068
21 316
-
-
Dividends
41 631
80 184
-
-
withholding
11 658
22 452
-
-
total
11 658
22 452
-
-
Income
101 500
101 500
101 500
101 500
Total tax
44 134
43 768
49 865
44 734
After tax
57 366
57 732
51 635
56 766
Living cost
27 392
27 392
27 392
27 392
Free-cash
29 974
30 340
24 243
29 374

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
₽32680
₽24931
₽18727
₽17990
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
848
income
-
-
-
18 812
pensions
-
-
-
26 651
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
47 064
Employee
49 071
-
76 966
-
other
48
-
77
-
income
10 249
-
18 380
-
pensions
2 306
-
3 617
-
unemployment
760
-
1 194
-
total
13 363
-
23 268
-
Employer
49 071
-
76 966
-
accident
972
-
1 523
-
other
393
-
615
-
unemployment
2 699
-
4 232
-
pensions
11 581
-
18 163
-
total
15 645
-
24 533
-
Corporate
36 784
101 500
-
-
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.

5 518
15 225
-
-
total
5 518
15 225
-
-
Dividends
31 265
86 275
-
-
withholding
6 334
17 886
-
-
total
6 334
17 886
-
-
Income
101 500
101 500
101 500
101 500
Total tax
40 860
33 111
47 801
47 064
After tax
60 640
68 389
53 699
54 436
Living cost
35 709
35 709
35 709
35 709
Free-cash
24 931
32 680
17 990
18 727

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
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
₽69303
₽63112
₽59319
₽62465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
15 225
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
-
-
-
24 702
Employee
23 145
-
94 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
9 454
-
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
-
14 593
-
Employer
23 145
-
94 537
-
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
73 814
101 500
-
-
income
7 381
10 150
-
-
total
7 381
10 150
-
-
Dividends
66 432
91 350
-
-
withholding
3 321
4 568
-
-
total
3 321
4 568
-
-
Income
101 500
101 500
101 500
101 500
Total tax
20 909
14 718
21 556
24 702
After tax
80 591
86 782
79 944
76 798
Living cost
17 479
17 479
17 479
17 479
Free-cash
63 112
69 303
62 465
59 319

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
₽13137
₽26432
₽25264
₽33050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
trade
-
-
-
7 786
income

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

-
-
-
21 121
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.

-
-
-
1 161
total
-
-
-
37 009
Employee

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

50 555
-
101 500
-
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
-
1 161
-
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
-
21 121
-
total
11 327
-
29 223
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 945
101 500
-
-
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.

420
837
-
-
income
7 641
15 225
-
-
trade
7 310
14 565
-
-
chamber of commerce
229
303
-
-
total
15 600
30 930
-
-
Dividends
35 344
70 570
-
-
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.

465
949
-
-
withholding
8 449
17 257
-
-
total
8 914
18 206
-
-
Income
101 500
101 500
101 500
101 500
Total tax
35 841
49 136
29 223
37 009
After tax
65 659
52 364
72 277
64 491
Living cost
39 227
39 227
39 227
39 227
Free-cash
26 432
13 137
33 050
25 264

Estimated living cost  is ₽39227 per week

₽27060
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
₽13172
₽15414
₽10790
₽10790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
23 805
social contributions
-
-
-
9 026
total
-
-
-
32 831
Employee
79 479
-
101 500
-
income
14 997
-
23 805
-
social contributions
6 603
-
9 026
-
total
21 600
-
32 831
-
Employer
79 479
-
101 500
-
total
-
-
-
-
Corporate
22 021
101 500
-
-
income
2 753
12 687
-
-
total
2 753
12 687
-
-
Dividends
19 268
88 813
-
-
withholding
3 854
17 762
-
-
total
3 854
17 762
-
-
Income
101 500
101 500
101 500
101 500
Total tax
28 207
30 449
32 831
32 831
After tax
73 293
71 051
68 669
68 669
Living cost
57 879
57 879
57 879
57 879
Free-cash
15 414
13 172
10 790
10 790

Estimated living cost  is ₽57879 per week

₽44034
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.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23724
₽27746
₽28882
₽37659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
income
-
-
-
28 923
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
-
-
-
35 735
Employee
46 611
-
96 826
-
income
5 058
-
17 610
-
social contributions
4 670
-
4 674
-
total
9 728
-
22 284
-
Employer
46 611
-
96 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
50 219
101 500
-
-
income
17 577
35 525
-
-
total
17 577
35 525
-
-
Dividends
32 642
65 975
-
-
social contributions
4 896
5 368
-
-
total
4 896
5 368
-
-
Income
101 500
101 500
101 500
101 500
Total tax
36 871
40 893
26 958
35 735
After tax
64 629
60 607
74 542
65 765
Living cost
36 883
36 883
36 883
36 883
Free-cash
27 746
23 724
37 659
28 882

Estimated living cost  is ₽36883 per week

₽24295
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
₽36935
₽32292
₽35348
₽25613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
income
-
-
-
20 737
pensions
-
-
-
7 428
total
-
-
-
28 165
Employee
52 143
-
89 394
-
health
680
-
1 444
-
income
9 496
-
15 899
-
pensions
3 980
-
8 451
-
total
14 156
-
25 794
-
Employer
52 143
-
89 394
-
pensions
5 268
-
10 408
-
health
991
-
1 698
-
total
6 259
-
12 106
-
Corporate
43 098
101 500
-
-
income

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

8 189
19 284
-
-
total
8 189
19 284
-
-
Dividends
34 909
82 216
-
-
withholding
2 617
7 294
-
-
total
2 617
7 294
-
-
Income
101 500
101 500
101 500
101 500
Total tax
31 221
26 578
37 900
28 165
After tax
70 279
74 922
63 600
73 335
Living cost
37 987
37 987
37 987
37 987
Free-cash
32 292
36 935
25 613
35 348

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
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.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15806
₽4536
₽45632
₽28429
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
accident
-
-
-
255
income
-
-
-
24 815
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
31 841
Employee
37 795
-
86 811
-
health
4 327
-
9 940
-
income
5 185
-
16 720
-
pensions
4 256
-
7 695
-
total
13 768
-
34 355
-
Employer
37 795
-
86 811
-
accident
631
-
1 450
-
unemployment
926
-
2 127
-
pensions
6 145
-
11 112
-
total
7 702
-
14 689
-
Corporate
56 003
101 500
-
-
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.

50 403
91 350
-
-
total
50 403
91 350
-
-
Dividends
5 600
10 150
-
-
withholding
1 064
1 929
-
-
total
1 064
1 929
-
-
Income
101 500
101 500
101 500
101 500
Total tax
72 937
93 279
49 044
31 841
After tax
28 563
8 221
52 456
69 659
Living cost
24 027
24 027
24 027
24 027
Free-cash
4 536
-15 806
28 429
45 632

Estimated living cost  is ₽24027 per week

₽17633
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
₽71717
₽67650
₽44323
₽49942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
101 500
work injury
-
-
-
508
health insurance
-
-
-
7 511
income
-
-
-
15 569
pensions
-
-
-
18 676
unemployment
-
-
-
1 218
total
-
-
-
43 482
Employee

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

21 911
-
101 500
-
work injury
110
-
405
-
income
2 191
-
15 569
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
37 863
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 589
101 500
-
-
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%.

-
1 015
-
-
total
-
1 015
-
-
Dividends
79 589
100 485
-
-
withholding
11 938
15 073
-
-
total
11 938
15 073
-
-
Income
101 500
101 500
101 500
101 500
Total tax
20 155
16 088
37 863
43 482
After tax
81 345
85 412
63 637
58 018
Living cost
13 695
13 695
13 695
13 695
Free-cash
67 650
71 717
49 942
44 323

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
₽12985
₽8362
₽10657
₽6017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
101 500
municipal
-
-
-
679
regional
-
-
-
2 025
national
-
-
-
21 555
social contributions
-
-
-
26 106
total
-
-
-
50 365
Employee
85 620
-
101 500
-
social contributions
28 871
-
34 225
-
regional
1 293
-
1 707
-
municipal
511
-
605
-
national
14 469
-
18 468
-
total
45 144
-
55 005
-
Employer
85 620
-
101 500
-
total
-
-
-
-
Corporate
15 880
101 500
-
-
nationa
3 812
24 361
-
-
municipal
765
4 892
-
-
total
4 577
29 253
-
-
Dividends
11 303
72 248
-
-
withholding
2 939
18 784
-
-
total
2 939
18 784
-
-
Income
101 500
101 500
101 500
101 500
Total tax
52 660
48 037
55 005
50 365
After tax
48 840
53 463
46 495
51 135
Living cost
40 478
40 478
40 478
40 478
Free-cash
8 362
12 985
6 017
10 657

Estimated living cost  is ₽40478 per week

₽28433
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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