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
₽ 102500
per

Your estimated
City
free-cash

Dresden , Germany
₽21254
₽32418
₽33457
₽42211
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
trade
-
-
-
8 754
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.

-
-
-
21 639
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.

-
-
-
6 894
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.

-
-
-
1 189
total
-
-
-
38 476
Employee

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

38 599
-
102 500
-
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.

6 894
-
6 894
-
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.

59
-
1 189
-
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.

1 078
-
21 639
-
total
8 031
-
29 722
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 901
102 500
-
-
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.

527
846
-
-
income
9 585
15 375
-
-
trade
10 064
16 144
-
-
chamber of commerce
245
301
-
-
total
20 421
32 666
-
-
Dividends
43 480
69 834
-
-
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.

576
938
-
-
withholding
10 487
17 075
-
-
total
11 063
18 013
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 515
50 679
29 722
38 476
After tax
62 985
51 821
72 778
64 024
Living cost
30 567
30 567
30 567
30 567
Free-cash
32 418
21 254
42 211
33 457

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12966
₽12118
₽10824
₽11628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
10 700
pensions
-
-
-
12 300
national
-
-
-
16 580
social contributions
-
-
-
1 102
total
-
-
-
40 682
Employee
79 050
-
88 610
-
municipal
9 764
-
11 097
-
pensions
3 162
-
3 544
-
national
15 130
-
17 195
-
total
28 056
-
31 836
-
Employer
79 050
-
88 610
-
social contributions
850
-
953
-
pensions
6 324
-
7 089
-
total
7 174
-
8 042
-
Corporate
11 059
102 500
-
-
income

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

2 212
20 500
-
-
total
2 212
20 500
-
-
Dividends
8 847
82 000
-
-
withholding
1 946
18 040
-
-
total
1 946
18 040
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 388
38 540
39 878
40 682
After tax
63 112
63 960
62 622
61 818
Living cost
50 994
50 994
50 994
50 994
Free-cash
12 118
12 966
11 628
10 824

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61006
₽52727
₽33706
₽36763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
microenterprise
-
-
-
-
income
-
-
-
14 846
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.

-
-
-
32 953
total
-
-
-
47 799
Employee
29 489
-
82 602
-
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.

3 244
-
9 085
-
surtax
-
-
-
-
income
5 249
-
15 759
-
total
8 493
-
24 844
-
Employer
29 489
-
82 602
-
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.

7 103
-
19 898
-
surtax
-
-
-
-
total
7 103
-
19 898
-
Corporate
65 908
102 500
-
-
income

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

13 182
20 499
-
-
total
13 182
20 499
-
-
Dividends

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

52 726
82 001
-
-
total
-
-
-
-
Income
102 500
102 500
102 500
102 500
Total tax
28 778
20 499
44 742
47 799
After tax
73 722
82 001
57 758
54 701
Living cost
20 995
20 995
20 995
20 995
Free-cash
52 727
61 006
36 763
33 706

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7352
₽1167
₽15895
₽7710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
20 323
pensions
-
-
-
11 824
health
-
-
-
12 182
total
-
-
-
44 329
Employee
86 180
86 180
87 227
-
health
13 228
11 251
11 311
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
11 824
-
total
42 846
37 181
37 241
-
Employer
86 180
86 180
87 227
-
unemployment
3 102
3 102
3 141
-
pensions
5 998
5 998
6 071
-
health
5 990
5 990
6 061
-
total
15 090
15 090
15 273
-
Corporate
2 286
1 229
-
-
income
458
245
-
-
total
458
245
-
-
Dividends
1 828
984
-
-
income
389
209
-
-
withholding
274
147
-
-
total
663
356
-
-
Income
102 500
102 500
102 500
102 500
Total tax
59 057
52 872
52 514
44 329
After tax
43 443
49 628
49 986
58 171
Living cost
42 276
42 276
42 276
42 276
Free-cash
1 167
7 352
7 710
15 895

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16973
₽16098
₽15568
₽15744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
23 183
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
47 940
Employee
55 560
-
77 994
-
municipal
16 568
-
23 258
-
national
-
-
-
-
total
16 568
-
23 258
-
Employer
55 560
-
77 994
-
accident
111
-
156
-
other
6 456
-
9 063
-
unemployment
1 467
-
2 059
-
pensions
6 006
-
8 431
-
health
3 417
-
4 797
-
total
17 457
-
24 506
-
Corporate
29 483
102 500
-
-
income
6 486
22 550
-
-
total
6 486
22 550
-
-
Dividends
22 997
79 950
-
-
withholding
6 899
23 985
-
-
total
6 899
23 985
-
-
Income
102 500
102 500
102 500
102 500
Total tax
47 410
46 535
47 764
47 940
After tax
55 090
55 965
54 736
54 560
Living cost
38 992
38 992
38 992
38 992
Free-cash
16 098
16 973
15 744
15 568

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11648
₽25829
₽23990
₽33133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
trade
-
-
-
9 143
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.

-
-
-
21 639
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.

-
-
-
6 894
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.

-
-
-
1 189
total
-
-
-
38 865
Employee

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

51 178
-
102 500
-
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.

6 894
-
6 894
-
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.

241
-
1 189
-
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.

4 397
-
21 639
-
total
11 532
-
29 722
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 322
102 500
-
-
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.

423
846
-
-
income
7 699
15 375
-
-
trade
8 442
16 861
-
-
chamber of commerce
226
299
-
-
total
16 790
33 381
-
-
Dividends
34 533
69 120
-
-
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.

454
929
-
-
withholding
8 250
16 897
-
-
total
8 704
17 826
-
-
Income
102 500
102 500
102 500
102 500
Total tax
37 026
51 207
29 722
38 865
After tax
65 474
51 293
72 778
63 635
Living cost
39 645
39 645
39 645
39 645
Free-cash
25 829
11 648
33 133
23 990

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42285
₽38102
₽39765
₽39660
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
11 399
health
-
-
-
2 614
social contributions
-
-
-
15 989
total
-
-
-
30 002
Employee
77 601
77 601
93 055
-
social contributions
3 771
6 441
7 724
-
health
772
1 320
1 582
-
income
8 149
7 184
11 355
-
total
12 692
14 945
20 661
-
Employer
77 601
77 601
93 055
-
social contributions
3 771
6 441
7 724
-
health
841
1 436
1 722
-
total
4 612
7 877
9 446
-
Corporate
52 464
17 022
-
-
income
6 557
2 128
-
-
total
6 557
2 128
-
-
Dividends
45 907
14 894
-
-
withholding
7 804
2 532
-
-
total
7 804
2 532
-
-
Income
102 500
102 500
102 500
102 500
Total tax
31 665
27 482
30 107
30 002
After tax
70 835
75 018
72 393
72 498
Living cost
32 733
32 733
32 733
32 733
Free-cash
38 102
42 285
39 660
39 765

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39402
₽39784
₽52670
₽41084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
12 531
pensions
-
-
-
10 250
unemployment
-
-
-
1 538
health
-
-
-
7 175
total
-
-
-
31 494
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.

26 469
10 534
85 774
-
health
1 853
737
6 004
-
income
3 236
1 288
10 486
-
pensions
2 647
1 053
8 577
-
unemployment
397
158
1 287
-
total
8 133
3 236
26 354
-
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.

26 469
10 534
85 774
-
pensions
5 161
2 054
16 726
-
total
5 161
2 054
16 726
-
Corporate
70 870
89 912
-
-
income
6 378
8 092
-
-
total
6 378
8 092
-
-
Dividends
64 492
81 820
-
-
social contributions
12 455
15 834
-
-
withholding
12 253
15 546
-
-
total
24 708
31 380
-
-
Income
102 500
102 500
102 500
102 500
Total tax
44 380
44 762
43 080
31 494
After tax
58 120
57 738
59 420
71 006
Living cost
18 336
18 336
18 336
18 336
Free-cash
39 784
39 402
41 084
52 670

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57626
₽51355
₽30566
₽34705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
13 735
pensions
-
-
-
20 499
health
-
-
-
13 325
total
-
-
-
47 559
Employee
28 629
-
76 608
-
income
3 223
-
14 769
-
pensions
573
-
1 532
-
unemployment
458
-
1 226
-
total
4 254
-
17 527
-
Employer
28 629
-
76 608
-
unemployment
230
-
613
-
pensions
5 726
-
15 321
-
health
3 721
-
9 959
-
total
9 677
-
25 893
-
Corporate
64 194
102 500
-
-
income
12 839
20 499
-
-
total
12 839
20 499
-
-
Dividends
51 355
82 001
-
-
total
-
-
-
-
Income
102 500
102 500
102 500
102 500
Total tax
26 770
20 499
43 420
47 559
After tax
75 730
82 001
59 080
54 941
Living cost
24 375
24 375
24 375
24 375
Free-cash
51 355
57 626
34 705
30 566

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13770
₽4917
₽48266
₽30997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
253
income
-
-
-
25 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 162
Employee
34 721
-
87 828
-
health
3 975
-
10 056
-
income
4 763
-
17 049
-
pensions
3 910
-
7 654
-
total
12 648
-
34 759
-
Employer
34 721
-
87 828
-
accident
580
-
1 467
-
unemployment
851
-
2 152
-
pensions
5 646
-
11 053
-
total
7 077
-
14 672
-
Corporate
60 703
102 500
-
-
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.

54 633
92 250
-
-
total
54 633
92 250
-
-
Dividends
6 071
10 250
-
-
withholding
1 153
1 948
-
-
total
1 153
1 948
-
-
Income
102 500
102 500
102 500
102 500
Total tax
75 511
94 198
49 431
32 162
After tax
26 989
8 302
53 069
70 338
Living cost
22 072
22 072
22 072
22 072
Free-cash
4 917
-13 770
30 997
48 266

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88295
₽86592
₽92395
₽72920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
102 500
microenterprise

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

-
-
-
1 025
total
-
-
-
1 025
Employee
11 349
-
102 500
-
income
2 270
-
20 500
-
total
2 270
-
20 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

91 151
102 500
-
-
total
-
-
-
-
Dividends
91 151
102 500
-
-
withholding
4 558
5 125
-
-
total
4 558
5 125
-
-
Income
102 500
102 500
102 500
102 500
Total tax
6 828
5 125
20 500
1 025
After tax
95 672
97 375
82 000
101 475
Living cost
9 080
9 080
9 080
9 080
Free-cash
86 592
88 295
72 920
92 395

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48414
₽41601
₽28612
₽33015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
13 019
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.

-
-
-
24 600
other
-
-
-
4 868
health
-
-
-
4 510
total
-
-
-
46 997
Employee
36 642
-
81 865
-
health
513
-
1 145
-
income
6 308
-
14 273
-
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.

2 564
-
5 730
-
unemployment
366
-
818
-
total
9 751
-
21 966
-
Employer
36 642
-
81 865
-
accident
293
-
655
-
other
1 833
-
4 093
-
unemployment
366
-
818
-
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.

6 230
-
13 917
-
health
513
-
1 145
-
total
9 235
-
20 628
-
Corporate
56 623
102 500
-
-
income
11 891
21 526
-
-
total
11 891
21 526
-
-
Dividends
44 732
80 974
-
-
withholding
3 131
5 669
-
-
total
3 131
5 669
-
-
Income
102 500
102 500
102 500
102 500
Total tax
34 008
27 195
42 594
46 997
After tax
68 492
75 305
59 906
55 503
Living cost
26 891
26 891
26 891
26 891
Free-cash
41 601
48 414
33 015
28 612

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7553
-₽6456
₽5979
-₽3565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
21 261
pensions
-
-
-
7 534
total
-
-
-
28 795
Employee
95 822
-
90 241
-
health
1 579
-
1 465
-
income
17 273
-
16 040
-
pensions
9 244
-
8 575
-
total
28 096
-
26 080
-
Employer
95 822
-
90 241
-
pensions
11 314
-
10 544
-
health
1 820
-
1 715
-
total
13 134
-
12 259
-
Corporate
-
102 500
-
-
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.

-
19 474
-
-
total
-
19 474
-
-
Dividends
-
83 026
-
-
withholding
-
7 747
-
-
total
-
7 747
-
-
Income
102 500
102 500
102 500
102 500
Total tax
41 230
27 221
38 339
28 795
After tax
61 270
75 279
64 161
73 705
Living cost
67 726
67 726
67 726
67 726
Free-cash
-6 456
7 553
-3 565
5 979

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽74398
₽69708
₽64469
₽67675
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
15 375
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
24 792
Employee
17 531
-
95 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
9 558
-
pensions

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

1 539
-
3 097
-
total
4 291
-
14 665
-
Employer
17 531
-
95 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
81 529
102 500
-
-
income
8 153
10 250
-
-
total
8 153
10 250
-
-
Dividends
73 377
92 250
-
-
withholding
3 669
4 613
-
-
total
3 669
4 613
-
-
Income
102 500
102 500
102 500
102 500
Total tax
19 553
14 863
21 586
24 792
After tax
82 947
87 637
80 914
77 708
Living cost
13 239
13 239
13 239
13 239
Free-cash
69 708
74 398
67 675
64 469

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6333
-₽7446
₽2210
-₽5975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
20 323
pensions
-
-
-
11 824
health
-
-
-
12 182
total
-
-
-
44 329
Employee
93 564
86 180
87 227
-
health
11 673
11 251
11 311
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
11 824
-
total
37 603
37 181
37 241
-
Employer
93 564
86 180
87 227
-
unemployment
3 369
3 102
3 141
-
pensions
6 511
5 998
6 071
-
health
6 502
5 990
6 061
-
total
16 382
15 090
15 273
-
Corporate
-
1 229
-
-
income
-
245
-
-
total
-
245
-
-
Dividends
-
984
-
-
income
-
209
-
-
withholding
-
147
-
-
total
-
356
-
-
Income
102 500
102 500
102 500
102 500
Total tax
53 985
52 872
52 514
44 329
After tax
48 515
49 628
49 986
58 171
Living cost
55 961
55 961
55 961
55 961
Free-cash
-7 446
-6 333
-5 975
2 210

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46400
₽37778
₽25752
₽27844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
8 810
health
-
-
-
13 837
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 930
total
-
-
-
52 577
Employee
35 546
-
76 493
-
social contributions
2 310
-
4 972
-
health
4 799
-
10 327
-
solidarity contribution
-
-
-
-
income
4 265
-
9 179
-
total
11 374
-
24 478
-
Employer
35 546
-
76 493
-
social contributions
8 886
-
19 123
-
health
3 199
-
6 884
-
total
12 085
-
26 007
-
Corporate
54 869
102 500
-
-
income
10 425
19 475
-
-
total
10 425
19 475
-
-
Dividends
44 444
83 025
-
-
withholding
6 667
12 454
-
-
total
6 667
12 454
-
-
Income
102 500
102 500
102 500
102 500
Total tax
40 551
31 929
50 485
52 577
After tax
61 949
70 571
52 015
49 923
Living cost
24 171
24 171
24 171
24 171
Free-cash
37 778
46 400
27 844
25 752

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12105
₽6835
₽9926
₽5048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
609
regional
-
-
-
1 134
national
-
-
-
21 884
social contributions
-
-
-
26 363
total
-
-
-
49 990
Employee
89 690
-
102 500
-
social contributions
30 243
-
34 562
-
regional
846
-
994
-
municipal
475
-
544
-
national
15 541
-
18 768
-
total
47 105
-
54 868
-
Employer
89 690
-
102 500
-
total
-
-
-
-
Corporate
12 810
102 500
-
-
nationa
3 074
24 600
-
-
municipal
500
3 997
-
-
total
3 574
28 597
-
-
Dividends
9 237
73 904
-
-
withholding
2 402
19 214
-
-
total
2 402
19 214
-
-
Income
102 500
102 500
102 500
102 500
Total tax
53 081
47 811
54 868
49 990
After tax
49 419
54 689
47 632
52 510
Living cost
42 584
42 584
42 584
42 584
Free-cash
6 835
12 105
5 048
9 926

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42202
₽39065
₽30304
₽28313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
19 519
pensions
-
-
-
20 499
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 277
surtax
-
-
-
2 402
total
-
-
-
49 927
Employee
33 373
-
84 674
-
other
-
-
-
-
health
852
-
2 160
-
surtax
109
-
2 174
-
income
5 594
-
18 217
-
pensions
2 225
-
5 648
-
unemployment
2 323
-
5 893
-
total
11 103
-
34 092
-
Employer
33 373
-
84 674
-
other
-
-
-
-
unemployment
1 057
-
2 685
-
pensions
4 449
-
11 288
-
health
1 519
-
3 853
-
total
7 025
-
17 826
-
Corporate
62 102
102 500
-
-
income
16 146
26 651
-
-
total
16 146
26 651
-
-
Dividends
45 956
75 849
-
-
withholding
6 892
11 378
-
-
total
6 892
11 378
-
-
Income
102 500
102 500
102 500
102 500
Total tax
41 166
38 029
51 918
49 927
After tax
61 334
64 471
50 582
52 573
Living cost
22 269
22 269
22 269
22 269
Free-cash
39 065
42 202
28 313
30 304

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29010
₽22560
₽27436
₽17892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
21 261
pensions
-
-
-
7 534
total
-
-
-
28 795
Employee
64 218
-
90 241
-
health
932
-
1 465
-
income
11 566
-
16 040
-
pensions
5 451
-
8 575
-
total
17 949
-
26 080
-
Employer
64 218
-
90 241
-
pensions
6 952
-
10 544
-
health
1 220
-
1 715
-
total
8 172
-
12 259
-
Corporate
30 111
102 500
-
-
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.

5 721
19 474
-
-
total
5 721
19 474
-
-
Dividends
24 390
83 026
-
-
withholding
1 829
7 747
-
-
total
1 829
7 747
-
-
Income
102 500
102 500
102 500
102 500
Total tax
33 671
27 221
38 339
28 795
After tax
68 829
75 279
64 161
73 705
Living cost
46 269
46 269
46 269
46 269
Free-cash
22 560
29 010
17 892
27 436

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29402
₽3231
₽9149
₽4049
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
city
-
-
-
1 079
pensions
-
-
-
9 431
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.

-
-
-
2 049
regional
-
-
-
3 587
health
-
-
-
249
national
-
-
-
682
total
-
-
-
17 077
Employee
89 260
-
91 743
-
city
958
-
985
-
regional
2 923
-
3 058
-
health
202
-
206
-
pensions
7 499
-
7 707
-
unemployment
-
-
-
-
national
422
-
472
-
total
12 004
-
12 428
-
Employer
89 260
-
91 743
-
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.

1 785
-
1 836
-
unemployment
-
-
-
-
pensions
7 499
-
7 707
-
health
202
-
206
-
total
9 486
-
9 749
-
Corporate
2 773
102 500
-
-
regional
586
21 678
-
-
national
235
8 712
-
-
total
821
30 390
-
-
Dividends
1 953
72 110
-
-
withholding
684
25 238
-
-
total
684
25 238
-
-
Income
102 500
102 500
102 500
102 500
Total tax
22 995
55 628
22 177
17 077
After tax
79 505
46 872
80 323
85 423
Living cost
76 274
76 274
76 274
76 274
Free-cash
3 231
-29 402
4 049
9 149

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4536
₽20898
₽17015
₽26547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
trade
-
-
-
9 532
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.

-
-
-
21 639
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.

-
-
-
6 894
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.

-
-
-
1 189
total
-
-
-
39 254
Employee

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

60 650
-
102 500
-
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.

6 894
-
6 894
-
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.

393
-
1 189
-
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.

7 132
-
21 639
-
total
14 419
-
29 722
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 850
102 500
-
-
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.

345
846
-
-
income
6 278
15 375
-
-
trade
7 178
17 579
-
-
chamber of commerce
213
297
-
-
total
14 014
34 097
-
-
Dividends
27 837
68 403
-
-
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.

362
919
-
-
withholding
6 576
16 717
-
-
total
6 938
17 636
-
-
Income
102 500
102 500
102 500
102 500
Total tax
35 371
51 733
29 722
39 254
After tax
67 129
50 767
72 778
63 246
Living cost
46 231
46 231
46 231
46 231
Free-cash
20 898
4 536
26 547
17 015

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17133
₽23096
₽24452
₽29969
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
9 985
pensions
-
-
-
25 450
other
-
-
-
3 181
health
-
-
-
1 984
surtax
-
-
-
-
social contributions
-
-
-
2 921
total
-
-
-
43 521
Employee
43 191
-
83 161
-
social contributions
1 231
-
2 369
-
surtax
-
-
-
-
income
2 549
-
12 310
-
pensions
4 884
-
3 985
-
total
8 664
-
18 664
-
Employer
43 191
-
83 161
-
other
1 490
-
2 869
-
social contributions
130
-
249
-
unemployment
1 748
-
3 369
-
pensions
7 095
-
7 031
-
health
3 024
-
5 822
-
total
13 487
-
19 340
-
Corporate
45 820
102 500
-
-
surtax
-
-
-
-
income
12 829
28 700
-
-
total
12 829
28 700
-
-
Dividends
32 991
73 800
-
-
surtax
-
-
-
-
social contributions
5 674
12 693
-
-
withholding
4 223
9 447
-
-
total
9 897
22 140
-
-
Income
102 500
102 500
102 500
102 500
Total tax
44 877
50 840
38 004
43 521
After tax
57 623
51 660
64 496
58 979
Living cost
34 527
34 527
34 527
34 527
Free-cash
23 096
17 133
29 969
24 452

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20553
₽26158
₽27872
₽33389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
9 985
pensions
-
-
-
25 450
other
-
-
-
3 181
health
-
-
-
1 984
surtax
-
-
-
-
social contributions
-
-
-
2 921
total
-
-
-
43 521
Employee
38 554
-
83 161
-
social contributions
1 099
-
2 369
-
surtax
-
-
-
-
income
1 988
-
12 310
-
pensions
4 361
-
3 985
-
total
7 448
-
18 664
-
Employer
38 554
-
83 161
-
other
1 331
-
2 869
-
social contributions
115
-
249
-
unemployment
1 561
-
3 369
-
pensions
6 335
-
7 031
-
health
2 698
-
5 822
-
total
12 040
-
19 340
-
Corporate
51 905
102 500
-
-
surtax
-
-
-
-
income
14 534
28 700
-
-
total
14 534
28 700
-
-
Dividends
37 371
73 800
-
-
surtax
-
-
-
-
social contributions
6 429
12 693
-
-
withholding
4 784
9 447
-
-
total
11 213
22 140
-
-
Income
102 500
102 500
102 500
102 500
Total tax
45 235
50 840
38 004
43 521
After tax
57 265
51 660
64 496
58 979
Living cost
31 107
31 107
31 107
31 107
Free-cash
26 158
20 553
33 389
27 872

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41134
₽41659
₽44426
₽44524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
15 375
health
-
-
-
7 155
social contributions
-
-
-
14 145
total
-
-
-
36 675
Employee
34 217
-
102 500
-
social contributions
4 723
-
14 145
-
health
2 388
-
7 155
-
income
5 707
-
15 277
-
total
12 818
-
36 577
-
Employer
34 217
-
102 500
-
total
-
-
-
-
Corporate
68 283
102 500
-
-
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%.

3 415
5 125
-
-
total
3 415
5 125
-
-
Dividends
64 868
97 375
-
-
health
4 527
6 797
-
-
social contributions
8 951
13 438
-
-
withholding
9 731
14 607
-
-
total
23 209
34 842
-
-
Income
102 500
102 500
102 500
102 500
Total tax
39 442
39 967
36 577
36 675
After tax
63 058
62 533
65 923
65 825
Living cost
21 399
21 399
21 399
21 399
Free-cash
41 659
41 134
44 524
44 426

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21871
₽20309
₽16211
-₽4665
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
chamber of commerce
-
-
-
410
income
-
-
-
17 127
pensions
-
-
-
18 963
unemployment
-
-
-
6 190
health
-
-
-
7 840
surtax
-
-
-
199
total
-
-
-
50 729
Employee
50 434
40 217
79 438
-
other
504
402
795
-
health
1 952
1 557
3 074
-
income
5 742
2 967
15 256
-
pensions
5 165
4 117
8 135
-
unemployment
1 513
1 207
2 382
-
total
14 876
10 250
29 642
-
Employer
50 434
40 217
79 438
-
accident
655
523
1 032
-
other
2 396
1 909
3 775
-
chamber of commerce
201
161
318
-
unemployment
1 513
1 207
2 382
-
surtax
199
199
199
-
pensions
6 329
5 048
9 970
-
payroll
1 513
1 207
2 382
-
health
1 906
1 521
3 003
-
total
14 712
11 775
23 061
-
Corporate
37 354
50 509
75 608
-
income

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

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

9 338
12 626
18 902
-
total
9 338
12 626
18 902
-
Dividends
28 016
37 882
-
-
withholding
7 705
10 418
-
-
total
7 705
10 418
-
-
Income
102 500
102 500
102 500
102 500
Total tax
46 631
45 069
71 605
50 729
After tax
55 869
57 431
30 895
51 771
Living cost
35 560
35 560
35 560
35 560
Free-cash
20 309
21 871
-4 665
16 211

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20686
₽5551
₽11153
₽3069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
national
-
-
-
33 290
communal

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

-
-
-
5 186
social contributions
-
-
-
16 075
total
-
-
-
54 551
Employee

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

72 187
-
79 388
-
communal

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

3 765
-
4 140
-
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.

3 392
-
3 733
-
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.

5 414
-
5 954
-
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.

628
-
691
-
national
22 193
-
25 009
-
total
35 392
-
39 527
-
Employer

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

72 187
-
79 388
-
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.

938
-
1 032
-
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.

1 053
-
1 159
-
surtax
8 185
-
9 001
-
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.

6 396
-
7 034
-
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.

4 439
-
4 882
-
total
21 011
-
23 108
-
Corporate
9 300
102 500
-
-
surtax
36
410
-
-
income
1 860
20 499
-
-
total
1 896
20 909
-
-
Dividends
7 404
81 591
-
-
withholding

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

1 854
24 109
-
-
total
1 854
24 109
-
-
Income
102 500
102 500
102 500
102 500
Total tax
60 153
45 018
62 635
54 551
After tax
42 347
57 482
39 865
47 949
Living cost
36 796
36 796
36 796
36 796
Free-cash
5 551
20 686
3 069
11 153

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32612
₽24572
₽18682
₽17642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
843
income
-
-
-
19 309
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 372
Employee
50 235
-
77 720
-
other
50
-
79
-
income
10 599
-
18 698
-
pensions
2 361
-
3 652
-
unemployment
779
-
1 205
-
total
13 789
-
23 634
-
Employer
50 235
-
77 720
-
accident
994
-
1 540
-
other
400
-
620
-
unemployment
2 764
-
4 275
-
pensions
11 855
-
18 343
-
total
16 013
-
24 778
-
Corporate
36 253
102 500
-
-
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.

5 439
15 375
-
-
total
5 439
15 375
-
-
Dividends
30 814
87 125
-
-
withholding
6 241
18 067
-
-
total
6 241
18 067
-
-
Income
102 500
102 500
102 500
102 500
Total tax
41 482
33 442
48 412
47 372
After tax
61 018
69 058
54 088
55 128
Living cost
36 446
36 446
36 446
36 446
Free-cash
24 572
32 612
17 642
18 682

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7846
₽896
₽3628
₽8184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
864
income
-
-
-
9 039
pensions
-
-
-
15 363
health
-
-
-
7 203
surtax
-
-
-
5 081
communal
-
-
-
6 479
total
-
-
-
44 029
Employee
76 425
-
91 557
-
health
3 401
-
4 075
-
surtax
4 684
-
5 611
-
income
7 382
-
11 520
-
pensions
6 113
-
7 325
-
total
21 580
-
28 531
-
Employer
76 425
-
91 557
-
accident
688
-
823
-
pensions
6 113
-
7 325
-
health
2 331
-
2 794
-
total
9 132
-
10 942
-
Corporate
16 944
102 500
-
-
surtax
178
1 076
-
-
communal
-
6 919
-
-
income
2 541
15 375
-
-
total
2 719
23 370
-
-
Dividends
14 225
79 130
-
-
income
11 197
4 571
-
-
withholding
2 133
11 870
-
-
total
13 330
16 441
-
-
Income
102 500
102 500
102 500
102 500
Total tax
46 761
39 811
39 473
44 029
After tax
55 739
62 689
63 027
58 471
Living cost
54 843
54 843
54 843
54 843
Free-cash
896
7 846
8 184
3 628

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41804
₽38598
₽29906
₽27915
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
19 519
pensions
-
-
-
20 499
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
7 277
surtax
-
-
-
2 402
total
-
-
-
49 927
Employee
33 986
-
84 674
-
other
-
-
-
-
health
868
-
2 160
-
surtax
121
-
2 174
-
income
5 697
-
18 217
-
pensions
2 267
-
5 648
-
unemployment
2 365
-
5 893
-
total
11 318
-
34 092
-
Employer
33 986
-
84 674
-
other
-
-
-
-
unemployment
1 078
-
2 685
-
pensions
4 531
-
11 288
-
health
1 545
-
3 853
-
total
7 154
-
17 826
-
Corporate
61 359
102 500
-
-
income
15 953
26 651
-
-
total
15 953
26 651
-
-
Dividends
45 407
75 849
-
-
withholding
6 810
11 378
-
-
total
6 810
11 378
-
-
Income
102 500
102 500
102 500
102 500
Total tax
41 235
38 029
51 918
49 927
After tax
61 265
64 471
50 582
52 573
Living cost
22 667
22 667
22 667
22 667
Free-cash
38 598
41 804
27 915
29 906

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26692
₽24450
₽24913
₽20061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
609
regional
-
-
-
1 546
national
-
-
-
21 884
social contributions
-
-
-
26 363
total
-
-
-
50 402
Employee
55 981
-
102 500
-
social contributions
18 877
-
34 562
-
regional
754
-
1 380
-
municipal
297
-
544
-
national
8 869
-
18 768
-
total
28 797
-
55 254
-
Employer
55 981
-
102 500
-
total
-
-
-
-
Corporate
46 519
102 500
-
-
nationa
11 165
24 600
-
-
municipal
2 312
5 094
-
-
total
13 477
29 694
-
-
Dividends
33 043
72 806
-
-
withholding
8 591
18 929
-
-
total
8 591
18 929
-
-
Income
102 500
102 500
102 500
102 500
Total tax
50 865
48 623
55 254
50 402
After tax
51 635
53 877
47 246
52 098
Living cost
27 185
27 185
27 185
27 185
Free-cash
24 450
26 692
20 061
24 913

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40786
₽30162
₽20138
₽22230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
8 810
health
-
-
-
13 837
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 930
total
-
-
-
52 577
Employee
43 801
-
76 493
-
social contributions
2 847
-
4 972
-
health
5 913
-
10 327
-
solidarity contribution
-
-
-
-
income
5 256
-
9 179
-
total
14 016
-
24 478
-
Employer
43 801
-
76 493
-
social contributions
10 950
-
19 123
-
health
3 942
-
6 884
-
total
14 892
-
26 007
-
Corporate
43 806
102 500
-
-
income
8 323
19 475
-
-
total
8 323
19 475
-
-
Dividends
35 483
83 025
-
-
withholding
5 322
12 454
-
-
total
5 322
12 454
-
-
Income
102 500
102 500
102 500
102 500
Total tax
42 553
31 929
50 485
52 577
After tax
59 947
70 571
52 015
49 923
Living cost
29 785
29 785
29 785
29 785
Free-cash
30 162
40 786
22 230
20 138

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25343
₽24845
₽19773
-₽1268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
chamber of commerce
-
-
-
410
income
-
-
-
17 127
pensions
-
-
-
18 963
unemployment
-
-
-
6 190
health
-
-
-
7 840
surtax
-
-
-
-
total
-
-
-
50 530
Employee
44 114
40 217
79 593
-
other
440
402
797
-
health
1 706
1 557
3 080
-
income
3 930
2 967
15 309
-
pensions
4 518
4 117
8 151
-
unemployment
1 323
1 207
2 388
-
total
11 917
10 250
29 725
-
Employer
44 114
40 217
79 593
-
accident
573
523
1 034
-
other
2 095
1 909
3 780
-
chamber of commerce
176
161
318
-
unemployment
1 323
1 207
2 388
-
surtax
-
-
-
-
pensions
5 537
5 048
9 989
-
payroll
1 323
1 207
2 388
-
health
1 668
1 521
3 009
-
total
12 695
11 576
22 906
-
Corporate
45 690
50 708
75 763
-
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.

11 422
12 676
18 940
-
total
11 422
12 676
18 940
-
Dividends
34 269
38 032
-
-
withholding
9 424
10 458
-
-
total
9 424
10 458
-
-
Income
102 500
102 500
102 500
102 500
Total tax
45 458
44 960
71 571
50 530
After tax
57 042
57 540
30 929
51 970
Living cost
32 197
32 197
32 197
32 197
Free-cash
24 845
25 343
-1 268
19 773

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83226
₽80573
₽87326
₽67851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
102 500
microenterprise

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

-
-
-
1 025
total
-
-
-
1 025
Employee
17 686
-
102 500
-
income
3 537
-
20 500
-
total
3 537
-
20 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

84 814
102 500
-
-
total
-
-
-
-
Dividends
84 814
102 500
-
-
withholding
4 241
5 125
-
-
total
4 241
5 125
-
-
Income
102 500
102 500
102 500
102 500
Total tax
7 778
5 125
20 500
1 025
After tax
94 722
97 375
82 000
101 475
Living cost
14 149
14 149
14 149
14 149
Free-cash
80 573
83 226
67 851
87 326

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43502
₽35062
₽25894
₽22958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
income
-
-
-
20 581
pensions
-
-
-
18 718
unemployment
-
-
-
153
health
-
-
-
10 085
total
-
-
-
49 537
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.

44 626
-
88 690
-
health
2 882
-
5 728
-
income
7 696
-
19 066
-
pensions
6 917
-
13 747
-
unemployment
63
-
124
-
total
17 558
-
38 665
-
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.

44 626
-
88 690
-
unemployment
27
-
54
-
pensions
3 949
-
7 848
-
health
2 972
-
5 906
-
total
6 948
-
13 808
-
Corporate
50 926
102 500
-
-
income
9 675
19 475
-
-
total
9 675
19 475
-
-
Dividends
41 251
83 025
-
-
withholding
6 188
12 454
-
-
total
6 188
12 454
-
-
Income
102 500
102 500
102 500
102 500
Total tax
40 369
31 929
52 473
49 537
After tax
62 131
70 571
50 027
52 963
Living cost
27 069
27 069
27 069
27 069
Free-cash
35 062
43 502
22 958
25 894

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18777
-₽48109
₽27252
₽45628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
19 979
social contributions
-
-
-
11 685
total
-
-
-
31 664
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
102 500
-
-
income
-
22 550
-
-
total
-
22 550
-
-
Dividends
-
79 950
-
-
income
-
17 589
-
-
total
-
17 589
-
-
Income
102 500
102 500
102 500
102 500
Total tax
107 025
40 139
13 288
31 664
After tax
-4 525
62 361
89 212
70 836
Living cost
43 584
43 584
43 584
43 584
Free-cash
-48 109
18 777
45 628
27 252

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26646
₽25631
₽25591
₽20299
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
income
-
-
-
9 635
surtax
-
-
-
-
social contributions

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

-
-
-
35 619
total
-
-
-
45 254
Employee
46 415
-
82 828
-
social contributions
5 106
-
9 110
-
surtax
-
-
-
-
income
9 654
-
21 764
-
total
14 760
-
30 874
-
Employer
46 415
-
82 828
-
social contributions
11 023
-
19 672
-
total
11 023
-
19 672
-
Corporate
45 062
102 500
-
-
surtax
-
-
-
-
income
9 463
21 526
-
-
total
9 463
21 526
-
-
Dividends
35 599
80 974
-
-
withholding
9 968
22 673
-
-
total
9 968
22 673
-
-
Income
102 500
102 500
102 500
102 500
Total tax
45 214
44 199
50 546
45 254
After tax
57 286
58 301
51 954
57 246
Living cost
31 655
31 655
31 655
31 655
Free-cash
25 631
26 646
20 299
25 591

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2918
₽9854
₽10237
₽15754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
9 985
pensions
-
-
-
25 450
other
-
-
-
3 181
health
-
-
-
1 984
surtax
-
-
-
-
social contributions
-
-
-
2 921
total
-
-
-
43 521
Employee
63 207
-
83 161
-
social contributions
1 800
-
2 369
-
surtax
-
-
-
-
income
5 515
-
12 310
-
pensions
7 149
-
3 985
-
total
14 464
-
18 664
-
Employer
63 207
-
83 161
-
other
2 181
-
2 869
-
social contributions
190
-
249
-
unemployment
2 561
-
3 369
-
pensions
10 386
-
7 031
-
health
4 424
-
5 822
-
total
19 742
-
19 340
-
Corporate
19 552
102 500
-
-
surtax
-
-
-
-
income
5 475
28 700
-
-
total
5 475
28 700
-
-
Dividends
14 077
73 800
-
-
surtax
-
-
-
-
social contributions
2 421
12 693
-
-
withholding
1 802
9 447
-
-
total
4 223
22 140
-
-
Income
102 500
102 500
102 500
102 500
Total tax
43 904
50 840
38 004
43 521
After tax
58 596
51 660
64 496
58 979
Living cost
48 742
48 742
48 742
48 742
Free-cash
9 854
2 918
15 754
10 237

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61914
₽58524
₽47747
₽50470
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
1 867
social contributions
-
-
-
22 550
total
-
-
-
24 417
Employee
32 444
-
88 744
-
income
-
-
2 170
-
social contributions
2 109
-
5 768
-
total
2 109
-
7 938
-
Employer
32 444
-
88 744
-
social contributions
5 029
-
13 756
-
total
5 029
-
13 756
-
Corporate
65 027
102 500
-
-
income
6 502
10 250
-
-
total
6 502
10 250
-
-
Dividends
58 525
92 250
-
-
total
-
-
-
-
Income
102 500
102 500
102 500
102 500
Total tax
13 640
10 250
21 694
24 417
After tax
88 860
92 250
80 806
78 083
Living cost
30 336
30 336
30 336
30 336
Free-cash
58 524
61 914
50 470
47 747

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽117473
-₽117473
₽14864
-₽117473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
19 114
pensions
-
-
-
875
national
-
-
-
10 894
labour market
-
-
-
8 130
total
-
-
-
39 013
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
102 500
102 500
102 500
102 500
Total tax
171 350
171 350
171 350
39 013
After tax
-68 850
-68 850
-68 850
63 487
Living cost
48 623
48 623
48 623
48 623
Free-cash
-117 473
-117 473
-117 473
14 864

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13444
₽4968
₽48592
₽31323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
253
income
-
-
-
25 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 162
Employee
34 209
-
87 828
-
health
3 917
-
10 056
-
income
4 693
-
17 049
-
pensions
3 852
-
7 654
-
total
12 462
-
34 759
-
Employer
34 209
-
87 828
-
accident
571
-
1 467
-
unemployment
838
-
2 152
-
pensions
5 562
-
11 053
-
total
6 971
-
14 672
-
Corporate
61 320
102 500
-
-
income

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

55 188
92 250
-
-
total
55 188
92 250
-
-
Dividends
6 132
10 250
-
-
withholding
1 165
1 948
-
-
total
1 165
1 948
-
-
Income
102 500
102 500
102 500
102 500
Total tax
75 786
94 198
49 431
32 162
After tax
26 714
8 302
53 069
70 338
Living cost
21 746
21 746
21 746
21 746
Free-cash
4 968
-13 444
31 323
48 592

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29288
₽27256
₽33865
₽19605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
102 500
municipal
-
-
-
18 241
health
-
-
-
1 157
national
-
-
-
10 492
total
-
-
-
29 890
Employee
53 095
-
86 227
-
health
396
-
906
-
municipal
8 697
-
14 078
-
pensions
3 583
-
5 820
-
unemployment
797
-
1 293
-
national
877
-
5 780
-
total
14 350
-
27 877
-
Employer
53 095
-
86 227
-
accident
54
-
86
-
unemployment
345
-
561
-
pensions
9 212
-
14 961
-
health
408
-
665
-
total
10 019
-
16 273
-
Corporate
39 387
102 500
-
-
income
7 877
20 499
-
-
total
7 877
20 499
-
-
Dividends

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

23 633
61 500
-
-
national
-
2 899
-
-
municipal
4 253
11 069
-
-
total
4 253
13 968
-
-
Income
102 500
102 500
102 500
102 500
Total tax
36 499
34 467
44 150
29 890
After tax
66 001
68 033
58 350
72 610
Living cost
38 745
38 745
38 745
38 745
Free-cash
27 256
29 288
19 605
33 865

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51653
₽46163
₽49133
₽49028
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
11 399
health
-
-
-
2 614
social contributions
-
-
-
15 989
total
-
-
-
30 002
Employee
77 601
77 601
93 055
-
social contributions
2 934
6 441
7 724
-
health
601
1 320
1 582
-
income
8 449
7 184
11 355
-
total
11 984
14 945
20 661
-
Employer
77 601
77 601
93 055
-
social contributions
2 934
6 441
7 724
-
health
653
1 436
1 722
-
total
3 587
7 877
9 446
-
Corporate
63 563
17 022
-
-
income
7 946
2 128
-
-
total
7 946
2 128
-
-
Dividends
55 617
14 894
-
-
withholding
9 455
2 532
-
-
total
9 455
2 532
-
-
Income
102 500
102 500
102 500
102 500
Total tax
32 972
27 482
30 107
30 002
After tax
69 528
75 018
72 393
72 498
Living cost
23 365
23 365
23 365
23 365
Free-cash
46 163
51 653
49 028
49 133

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68858
₽63722
₽66570
₽47193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
102 500
income
-
-
-
9 807
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
19 907
Employee

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

23 164
-
92 926
-
health
1 969
-
7 898
-
income
1 584
-
7 412
-
pensions
3 474
-
13 938
-
unemployment
115
-
465
-
total
7 142
-
29 713
-
Employer

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

23 164
-
92 926
-
unemployment
115
-
465
-
pensions
1 274
-
5 111
-
health
996
-
3 995
-
total
2 385
-
9 571
-
Corporate
76 951
102 500
-
-
income
6 925
9 225
-
-
total
6 925
9 225
-
-
Dividends
70 026
93 275
-
-
withholding
6 303
8 394
-
-
total
6 303
8 394
-
-
Income
102 500
102 500
102 500
102 500
Total tax
22 755
17 619
39 284
19 907
After tax
79 745
84 881
63 216
82 593
Living cost
16 023
16 023
16 023
16 023
Free-cash
63 722
68 858
47 193
66 570

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41307
₽36013
₽27377
₽26337
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
843
income
-
-
-
19 309
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 372
Employee
37 315
-
77 720
-
other
36
-
79
-
income
7 194
-
18 698
-
pensions
1 754
-
3 652
-
unemployment
578
-
1 205
-
total
9 562
-
23 634
-
Employer
37 315
-
77 720
-
accident
739
-
1 540
-
other
299
-
620
-
unemployment
2 053
-
4 275
-
pensions
8 806
-
18 343
-
total
11 897
-
24 778
-
Corporate
53 288
102 500
-
-
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.

7 994
15 375
-
-
total
7 994
15 375
-
-
Dividends
45 294
87 125
-
-
withholding
9 283
18 067
-
-
total
9 283
18 067
-
-
Income
102 500
102 500
102 500
102 500
Total tax
38 736
33 442
48 412
47 372
After tax
63 764
69 058
54 088
55 128
Living cost
27 751
27 751
27 751
27 751
Free-cash
36 013
41 307
26 337
27 377

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61204
₽60750
₽62251
₽62053
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
34 026
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
37 493
Employee
4 198
-
100 238
-
health
210
-
503
-
income
812
-
33 920
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
35 429
-
Employer
4 198
-
100 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
97 358
102 500
-
-
income
21 419
22 550
-
-
total
21 419
22 550
-
-
Dividends
75 939
79 950
-
-
withholding
15 188
15 990
-
-
total
15 188
15 990
-
-
Income
102 500
102 500
102 500
102 500
Total tax
38 994
38 540
37 691
37 493
After tax
63 506
63 960
64 809
65 007
Living cost
2 756
2 756
2 756
2 756
Free-cash
60 750
61 204
62 053
62 251

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56603
₽51639
₽36964
₽36965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
income
-
-
-
19 890
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
48 083
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.

26 319
-
89 149
-
health
1 355
-
3 841
-
income
3 628
-
19 890
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
34 732
-
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.

26 319
-
89 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
71 470
102 500
-
-
income
10 721
15 375
-
-
total
10 721
15 375
-
-
Dividends
60 750
87 125
-
-
withholding
9 112
13 069
-
-
total
9 112
13 069
-
-
Income
102 500
102 500
102 500
102 500
Total tax
33 408
28 444
48 082
48 083
After tax
69 092
74 056
54 418
54 417
Living cost
17 453
17 453
17 453
17 453
Free-cash
51 639
56 603
36 965
36 964

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31094
₽30732
₽30039
₽24747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
income
-
-
-
9 635
surtax
-
-
-
-
social contributions

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

-
-
-
35 619
total
-
-
-
45 254
Employee
39 169
-
82 828
-
social contributions
4 309
-
9 110
-
surtax
-
-
-
-
income
7 653
-
21 764
-
total
11 962
-
30 874
-
Employer
39 169
-
82 828
-
social contributions
9 302
-
19 672
-
total
9 302
-
19 672
-
Corporate
54 030
102 500
-
-
surtax
-
-
-
-
income
11 347
21 526
-
-
total
11 347
21 526
-
-
Dividends
42 683
80 974
-
-
withholding
11 950
22 673
-
-
total
11 950
22 673
-
-
Income
102 500
102 500
102 500
102 500
Total tax
44 561
44 199
50 546
45 254
After tax
57 939
58 301
51 954
57 246
Living cost
27 207
27 207
27 207
27 207
Free-cash
30 732
31 094
24 747
30 039

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33591
₽25895
₽19661
₽18621
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
843
income
-
-
-
19 309
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
47 372
Employee
48 739
-
77 720
-
other
48
-
79
-
income
10 180
-
18 698
-
pensions
2 290
-
3 652
-
unemployment
755
-
1 205
-
total
13 273
-
23 634
-
Employer
48 739
-
77 720
-
accident
965
-
1 540
-
other
391
-
620
-
unemployment
2 681
-
4 275
-
pensions
11 502
-
18 343
-
total
15 539
-
24 778
-
Corporate
38 222
102 500
-
-
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.

5 734
15 375
-
-
total
5 734
15 375
-
-
Dividends
32 488
87 125
-
-
withholding
6 592
18 067
-
-
total
6 592
18 067
-
-
Income
102 500
102 500
102 500
102 500
Total tax
41 138
33 442
48 412
47 372
After tax
61 362
69 058
54 088
55 128
Living cost
35 467
35 467
35 467
35 467
Free-cash
25 895
33 591
18 621
19 661

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70266
₽64114
₽60337
₽63543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
15 375
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
24 792
Employee
23 001
-
95 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
9 558
-
pensions

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

2 019
-
3 097
-
total
5 630
-
14 665
-
Employer
23 001
-
95 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
74 986
102 500
-
-
income
7 498
10 250
-
-
total
7 498
10 250
-
-
Dividends
67 488
92 250
-
-
withholding
3 374
4 613
-
-
total
3 374
4 613
-
-
Income
102 500
102 500
102 500
102 500
Total tax
21 015
14 863
21 586
24 792
After tax
81 485
87 637
80 914
77 708
Living cost
17 371
17 371
17 371
17 371
Free-cash
64 114
70 266
63 543
60 337

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13914
₽27117
₽25840
₽33816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
trade
-
-
-
7 976
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.

-
-
-
21 639
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.

-
-
-
6 894
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.

-
-
-
1 189
total
-
-
-
37 698
Employee

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

50 213
-
102 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
1 189
-
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.

4 129
-
21 639
-
total
11 251
-
29 722
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 287
102 500
-
-
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.

431
846
-
-
income
7 842
15 375
-
-
trade
7 503
14 708
-
-
chamber of commerce
230
303
-
-
total
16 006
31 232
-
-
Dividends
36 280
71 268
-
-
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.

477
959
-
-
withholding
8 687
17 433
-
-
total
9 164
18 392
-
-
Income
102 500
102 500
102 500
102 500
Total tax
36 421
49 624
29 722
37 698
After tax
66 079
52 876
72 778
64 802
Living cost
38 962
38 962
38 962
38 962
Free-cash
27 117
13 914
33 816
25 840

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14264
₽16491
₽11544
₽11544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
24 320
social contributions
-
-
-
9 149
total
-
-
-
33 469
Employee
78 941
-
102 500
-
income
14 896
-
24 320
-
social contributions
6 558
-
9 149
-
total
21 454
-
33 469
-
Employer
78 941
-
102 500
-
total
-
-
-
-
Corporate
23 559
102 500
-
-
income
2 945
12 812
-
-
total
2 945
12 812
-
-
Dividends
20 614
89 688
-
-
withholding
4 123
17 937
-
-
total
4 123
17 937
-
-
Income
102 500
102 500
102 500
102 500
Total tax
28 522
30 749
33 469
33 469
After tax
73 978
71 751
69 031
69 031
Living cost
57 487
57 487
57 487
57 487
Free-cash
16 491
14 264
11 544
11 544

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24658
₽28492
₽30398
₽38670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
97 858
-
income
5 023
-
17 912
-
social contributions
4 638
-
4 642
-
total
9 661
-
22 554
-
Employer
46 295
-
97 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
51 566
102 500
-
-
income
18 048
35 876
-
-
total
18 048
35 876
-
-
Dividends
33 518
66 624
-
-
social contributions
5 027
5 332
-
-
total
5 027
5 332
-
-
Income
102 500
102 500
102 500
102 500
Total tax
37 374
41 208
27 196
35 468
After tax
65 126
61 292
75 304
67 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
28 492
24 658
38 670
30 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37664
₽33468
₽36090
₽26546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
income
-
-
-
21 261
pensions
-
-
-
7 534
total
-
-
-
28 795
Employee
51 632
-
90 241
-
health
674
-
1 465
-
income
9 403
-
16 040
-
pensions
3 941
-
8 575
-
total
14 018
-
26 080
-
Employer
51 632
-
90 241
-
pensions
5 216
-
10 544
-
health
981
-
1 715
-
total
6 197
-
12 259
-
Corporate
44 670
102 500
-
-
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.

8 488
19 474
-
-
total
8 488
19 474
-
-
Dividends
36 182
83 026
-
-
withholding
2 714
7 747
-
-
total
2 714
7 747
-
-
Income
102 500
102 500
102 500
102 500
Total tax
31 417
27 221
38 339
28 795
After tax
71 083
75 279
64 161
73 705
Living cost
37 615
37 615
37 615
37 615
Free-cash
33 468
37 664
26 546
36 090

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15598
₽4636
₽46438
₽29169
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
accident
-
-
-
253
income
-
-
-
25 175
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
32 162
Employee
37 595
-
87 828
-
health
4 304
-
10 056
-
income
5 158
-
17 049
-
pensions
4 233
-
7 654
-
total
13 695
-
34 759
-
Employer
37 595
-
87 828
-
accident
628
-
1 467
-
unemployment
921
-
2 152
-
pensions
6 113
-
11 053
-
total
7 662
-
14 672
-
Corporate
57 244
102 500
-
-
income

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

51 519
92 250
-
-
total
51 519
92 250
-
-
Dividends
5 725
10 250
-
-
withholding
1 088
1 948
-
-
total
1 088
1 948
-
-
Income
102 500
102 500
102 500
102 500
Total tax
73 964
94 198
49 431
32 162
After tax
28 536
8 302
53 069
70 338
Living cost
23 900
23 900
23 900
23 900
Free-cash
4 636
-15 598
29 169
46 438

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72623
₽68587
₽44920
₽50918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
102 500
work injury
-
-
-
513
health insurance
-
-
-
7 585
income
-
-
-
15 761
pensions
-
-
-
18 860
unemployment
-
-
-
1 230
total
-
-
-
43 949
Employee

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

21 810
-
102 500
-
work injury
109
-
403
-
income
2 181
-
15 761
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
37 951
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
80 690
102 500
-
-
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%.

-
1 025
-
-
total
-
1 025
-
-
Dividends
80 690
101 475
-
-
withholding
12 103
15 221
-
-
total
12 103
15 221
-
-
Income
102 500
102 500
102 500
102 500
Total tax
20 282
16 246
37 951
43 949
After tax
82 218
86 254
64 549
58 551
Living cost
13 631
13 631
13 631
13 631
Free-cash
68 587
72 623
50 918
44 920

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13787
₽9197
₽11303
₽6616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
102 500
municipal
-
-
-
686
regional
-
-
-
2 061
national
-
-
-
21 884
social contributions
-
-
-
26 363
total
-
-
-
50 994
Employee
85 040
-
102 500
-
social contributions
28 675
-
34 562
-
regional
1 284
-
1 740
-
municipal
508
-
611
-
national
14 371
-
18 768
-
total
44 838
-
55 681
-
Employer
85 040
-
102 500
-
total
-
-
-
-
Corporate
17 460
102 500
-
-
nationa
4 190
24 600
-
-
municipal
841
4 941
-
-
total
5 031
29 541
-
-
Dividends
12 429
72 959
-
-
withholding
3 231
18 969
-
-
total
3 231
18 969
-
-
Income
102 500
102 500
102 500
102 500
Total tax
53 100
48 510
55 681
50 994
After tax
49 400
53 990
46 819
51 506
Living cost
40 203
40 203
40 203
40 203
Free-cash
9 197
13 787
6 616
11 303

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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