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
₽ 104500
per

Your estimated
City
free-cash

Dresden , Germany
₽22053
₽33289
₽34237
₽43255
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
trade
-
-
-
9 018
income

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

-
-
-
22 303
health

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

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

-
-
-
6 941
surtax

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

-
-
-
1 226
total
-
-
-
39 488
Employee

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

38 861
-
104 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
1 226
-
income

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

1 086
-
22 303
-
total
8 087
-
30 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 639
104 500
-
-
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.

542
862
-
-
income
9 845
15 676
-
-
trade
10 339
16 458
-
-
chamber of commerce
249
305
-
-
total
20 975
33 301
-
-
Dividends
44 664
71 199
-
-
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.

594
958
-
-
withholding
10 780
17 413
-
-
total
11 374
18 371
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 436
51 672
30 470
39 488
After tax
64 064
52 828
74 030
65 012
Living cost
30 775
30 775
30 775
30 775
Free-cash
33 289
22 053
43 255
34 237

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽13940
₽13088
₽11712
₽12531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
10 926
pensions
-
-
-
12 540
national
-
-
-
16 931
social contributions
-
-
-
1 123
total
-
-
-
41 520
Employee
79 474
-
90 339
-
municipal
9 816
-
11 331
-
pensions
3 179
-
3 614
-
national
15 211
-
17 558
-
total
28 206
-
32 503
-
Employer
79 474
-
90 339
-
social contributions
854
-
971
-
pensions
6 358
-
7 227
-
total
7 212
-
8 198
-
Corporate
12 568
104 500
-
-
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%.

2 514
20 900
-
-
total
2 514
20 900
-
-
Dividends
10 054
83 600
-
-
withholding
2 212
18 392
-
-
total
2 212
18 392
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 144
39 292
40 701
41 520
After tax
64 356
65 208
63 799
62 980
Living cost
51 268
51 268
51 268
51 268
Free-cash
13 088
13 940
12 531
11 712

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽62461
₽54128
₽34613
₽37729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
microenterprise
-
-
-
-
income
-
-
-
15 151
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.

-
-
-
33 598
total
-
-
-
48 749
Employee
29 689
-
84 212
-
social contributions

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

3 266
-
9 263
-
surtax
-
-
-
-
income
5 285
-
16 082
-
total
8 551
-
25 345
-
Employer
29 689
-
84 212
-
social contributions

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

7 151
-
20 288
-
surtax
-
-
-
-
total
7 151
-
20 288
-
Corporate
67 659
104 500
-
-
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%.

13 532
20 901
-
-
total
13 532
20 901
-
-
Dividends

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

54 128
83 599
-
-
total
-
-
-
-
Income
104 500
104 500
104 500
104 500
Total tax
29 234
20 901
45 633
48 749
After tax
75 266
83 599
58 867
55 751
Living cost
21 138
21 138
21 138
21 138
Free-cash
54 128
62 461
37 729
34 613

Estimated living cost  is ₽21138 per week

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

Source of data for Riga model

Close
Rotterdam , Netherlands
₽8063
₽1839
₽16737
₽8810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
20 958
pensions
-
-
-
11 904
health
-
-
-
12 338
total
-
-
-
45 200
Employee
86 765
86 765
88 928
-
health
13 318
11 328
11 451
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
11 904
-
total
43 138
37 434
37 557
-
Employer
86 765
86 765
88 928
-
unemployment
3 124
3 124
3 201
-
pensions
6 039
6 039
6 189
-
health
6 031
6 031
6 180
-
total
15 194
15 194
15 570
-
Corporate
3 605
2 541
-
-
income
721
509
-
-
total
721
509
-
-
Dividends
2 884
2 032
-
-
income
613
432
-
-
withholding
432
305
-
-
total
1 045
737
-
-
Income
104 500
104 500
104 500
104 500
Total tax
60 098
53 874
53 127
45 200
After tax
44 402
50 626
51 373
59 300
Living cost
42 563
42 563
42 563
42 563
Free-cash
1 839
8 063
8 810
16 737

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽17904
₽17024
₽16739
₽16651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
23 749
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
-
total
-
-
-
48 608
Employee
55 789
-
79 516
-
municipal
16 636
-
23 712
-
national
-
-
-
-
total
16 636
-
23 712
-
Employer
55 789
-
79 516
-
accident
112
-
159
-
other
6 483
-
9 240
-
unemployment
1 473
-
2 099
-
pensions
6 031
-
8 596
-
health
3 431
-
4 890
-
total
17 530
-
24 984
-
Corporate
31 182
104 500
-
-
income
6 860
22 990
-
-
total
6 860
22 990
-
-
Dividends
24 322
81 510
-
-
withholding
7 297
24 453
-
-
total
7 297
24 453
-
-
Income
104 500
104 500
104 500
104 500
Total tax
48 323
47 443
48 696
48 608
After tax
56 177
57 057
55 804
55 892
Living cost
39 153
39 153
39 153
39 153
Free-cash
17 024
17 904
16 651
16 739

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽12373
₽26652
₽24697
₽34116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
trade
-
-
-
9 419
income

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

-
-
-
22 303
health

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

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

-
-
-
6 941
surtax

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

-
-
-
1 226
total
-
-
-
39 889
Employee

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

51 525
-
104 500
-
health

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

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

6 941
-
6 941
-
surtax

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

243
-
1 226
-
income

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

4 427
-
22 303
-
total
11 611
-
30 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 975
104 500
-
-
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.

438
862
-
-
income
7 946
15 676
-
-
trade
8 715
17 191
-
-
chamber of commerce
229
303
-
-
total
17 328
34 032
-
-
Dividends
35 647
70 469
-
-
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.

469
949
-
-
withholding
8 526
17 232
-
-
total
8 995
18 181
-
-
Income
104 500
104 500
104 500
104 500
Total tax
37 934
52 213
30 470
39 889
After tax
66 566
52 287
74 030
64 611
Living cost
39 914
39 914
39 914
39 914
Free-cash
26 652
12 373
34 116
24 697

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Hamburg model

Close
Limassol , Cyprus
₽43521
₽39308
₽40782
₽40678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
11 796
health
-
-
-
2 665
social contributions
-
-
-
16 302
total
-
-
-
30 763
Employee
78 128
78 128
94 871
-
social contributions
3 796
6 484
7 874
-
health
777
1 328
1 612
-
income
8 204
7 232
11 752
-
total
12 777
15 044
21 238
-
Employer
78 128
78 128
94 871
-
social contributions
3 796
6 484
7 874
-
health
846
1 446
1 755
-
total
4 642
7 930
9 629
-
Corporate
54 124
18 441
-
-
income
6 766
2 306
-
-
total
6 766
2 306
-
-
Dividends
47 358
16 135
-
-
withholding
8 052
2 744
-
-
total
8 052
2 744
-
-
Income
104 500
104 500
104 500
104 500
Total tax
32 237
28 024
30 867
30 763
After tax
72 263
76 476
73 633
73 737
Living cost
32 955
32 955
32 955
32 955
Free-cash
39 308
43 521
40 678
40 782

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽40453
₽40835
₽53988
₽42176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
12 775
pensions
-
-
-
10 450
unemployment
-
-
-
1 568
health
-
-
-
7 315
total
-
-
-
32 108
Employee

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
87 448
-
health
1 860
740
6 121
-
income
3 248
1 293
10 690
-
pensions
2 657
1 057
8 745
-
unemployment
399
159
1 312
-
total
8 164
3 249
26 868
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 567
10 573
87 448
-
pensions
5 181
2 062
17 052
-
total
5 181
2 062
17 052
-
Corporate
72 753
91 865
-
-
income
6 548
8 268
-
-
total
6 548
8 268
-
-
Dividends
66 205
83 597
-
-
social contributions
12 789
16 181
-
-
withholding
12 579
15 883
-
-
total
25 368
32 064
-
-
Income
104 500
104 500
104 500
104 500
Total tax
45 261
45 643
43 920
32 108
After tax
59 239
58 857
60 580
72 392
Living cost
18 404
18 404
18 404
18 404
Free-cash
40 835
40 453
42 176
53 988

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽59058
₽52748
₽31470
₽35691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
14 002
pensions
-
-
-
20 901
health
-
-
-
13 586
total
-
-
-
48 489
Employee
28 823
-
78 102
-
income
3 245
-
15 059
-
pensions
577
-
1 562
-
unemployment
461
-
1 249
-
total
4 283
-
17 870
-
Employer
28 823
-
78 102
-
unemployment
231
-
625
-
pensions
5 765
-
15 620
-
health
3 746
-
10 153
-
total
9 742
-
26 398
-
Corporate
65 934
104 500
-
-
income
13 186
20 901
-
-
total
13 186
20 901
-
-
Dividends
52 747
83 599
-
-
total
-
-
-
-
Income
104 500
104 500
104 500
104 500
Total tax
27 211
20 901
44 268
48 489
After tax
77 289
83 599
60 232
56 011
Living cost
24 541
24 541
24 541
24 541
Free-cash
52 748
59 058
35 691
31 470

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽13729
₽5061
₽49507
₽31998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
255
income
-
-
-
25 774
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
32 800
Employee
34 910
-
89 691
-
health
3 997
-
10 270
-
income
4 789
-
17 534
-
pensions
3 931
-
7 696
-
total
12 717
-
35 500
-
Employer
34 910
-
89 691
-
accident
583
-
1 498
-
unemployment
855
-
2 197
-
pensions
5 677
-
11 114
-
total
7 115
-
14 809
-
Corporate
62 475
104 500
-
-
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.

56 227
94 050
-
-
total
56 227
94 050
-
-
Dividends
6 248
10 450
-
-
withholding
1 187
1 986
-
-
total
1 187
1 986
-
-
Income
104 500
104 500
104 500
104 500
Total tax
77 246
96 036
50 309
32 800
After tax
27 254
8 464
54 191
71 700
Living cost
22 193
22 193
22 193
22 193
Free-cash
5 061
-13 729
31 998
49 507

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽90014
₽88278
₽94194
₽74339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
104 500
microenterprise

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

-
-
-
1 045
total
-
-
-
1 045
Employee
11 576
-
104 500
-
income
2 315
-
20 900
-
total
2 315
-
20 900
-
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%.

92 924
104 500
-
-
total
-
-
-
-
Dividends
92 924
104 500
-
-
withholding
4 646
5 225
-
-
total
4 646
5 225
-
-
Income
104 500
104 500
104 500
104 500
Total tax
6 961
5 225
20 900
1 045
After tax
97 539
99 275
83 600
103 455
Living cost
9 261
9 261
9 261
9 261
Free-cash
88 278
90 014
74 339
94 194

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽49702
₽42842
₽29511
₽33943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
13 273
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.

-
-
-
25 081
other
-
-
-
4 963
health
-
-
-
4 599
total
-
-
-
47 916
Employee
36 891
-
83 466
-
health
517
-
1 168
-
income
6 351
-
14 606
-
pensions

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

2 582
-
5 844
-
unemployment
368
-
835
-
total
9 818
-
22 453
-
Employer
36 891
-
83 466
-
accident
295
-
667
-
other
1 845
-
4 172
-
unemployment
368
-
835
-
pensions

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

6 272
-
14 189
-
health
517
-
1 168
-
total
9 297
-
21 031
-
Corporate
58 311
104 500
-
-
income
12 246
21 946
-
-
total
12 246
21 946
-
-
Dividends
46 066
82 554
-
-
withholding
3 224
5 779
-
-
total
3 224
5 779
-
-
Income
104 500
104 500
104 500
104 500
Total tax
34 585
27 725
43 484
47 916
After tax
69 915
76 775
61 016
56 584
Living cost
27 073
27 073
27 073
27 073
Free-cash
42 842
49 702
33 943
29 511

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽8157
-₽5554
₽6573
-₽3026
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
21 829
pensions
-
-
-
7 689
total
-
-
-
29 518
Employee
96 788
-
91 986
-
health
1 595
-
1 496
-
income
17 447
-
16 346
-
pensions
9 337
-
8 761
-
total
28 379
-
26 603
-
Employer
96 788
-
91 986
-
pensions
11 428
-
10 766
-
health
1 838
-
1 748
-
total
13 266
-
12 514
-
Corporate
-
104 500
-
-
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.

-
19 855
-
-
total
-
19 855
-
-
Dividends
-
84 645
-
-
withholding
-
8 079
-
-
total
-
8 079
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 645
27 934
39 117
29 518
After tax
62 855
76 566
65 383
74 982
Living cost
68 409
68 409
68 409
68 409
Free-cash
-5 554
8 157
-3 026
6 573

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽76025
₽71306
₽66026
₽69322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
15 675
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
25 152
Employee
17 641
-
97 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
9 754
-
pensions

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

1 549
-
3 116
-
total
4 318
-
14 893
-
Employer
17 641
-
97 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
83 398
104 500
-
-
income
8 340
10 450
-
-
total
8 340
10 450
-
-
Dividends
75 058
94 050
-
-
withholding
3 753
4 703
-
-
total
3 753
4 703
-
-
Income
104 500
104 500
104 500
104 500
Total tax
19 872
15 153
21 856
25 152
After tax
84 628
89 347
82 644
79 348
Living cost
13 322
13 322
13 322
13 322
Free-cash
71 306
76 025
69 322
66 026

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽5715
-₽6193
₽2959
-₽4968
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
20 958
pensions
-
-
-
11 904
health
-
-
-
12 338
total
-
-
-
45 200
Employee
94 199
86 765
88 928
-
health
11 752
11 328
11 451
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
11 904
-
total
37 858
37 434
37 557
-
Employer
94 199
86 765
88 928
-
unemployment
3 392
3 124
3 201
-
pensions
6 556
6 039
6 189
-
health
6 546
6 031
6 180
-
total
16 494
15 194
15 570
-
Corporate
-
2 541
-
-
income
-
509
-
-
total
-
509
-
-
Dividends
-
2 032
-
-
income
-
432
-
-
withholding
-
305
-
-
total
-
737
-
-
Income
104 500
104 500
104 500
104 500
Total tax
54 352
53 874
53 127
45 200
After tax
50 148
50 626
51 373
59 300
Living cost
56 341
56 341
56 341
56 341
Free-cash
-6 193
-5 715
-4 968
2 959

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽47674
₽39014
₽26623
₽28756
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
8 982
health
-
-
-
14 107
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 514
total
-
-
-
53 603
Employee
35 697
-
77 985
-
social contributions
2 320
-
5 069
-
health
4 819
-
10 528
-
solidarity contribution
-
-
-
-
income
4 284
-
9 358
-
total
11 423
-
24 955
-
Employer
35 697
-
77 985
-
social contributions
8 924
-
19 496
-
health
3 213
-
7 019
-
total
12 137
-
26 515
-
Corporate
56 666
104 500
-
-
income
10 767
19 855
-
-
total
10 767
19 855
-
-
Dividends
45 900
84 645
-
-
withholding
6 885
12 697
-
-
total
6 885
12 697
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 212
32 552
51 470
53 603
After tax
63 288
71 948
53 030
50 897
Living cost
24 274
24 274
24 274
24 274
Free-cash
39 014
47 674
28 756
26 623

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽12882
₽7576
₽10568
₽5599
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
621
regional
-
-
-
1 159
national
-
-
-
22 401
social contributions
-
-
-
26 878
total
-
-
-
51 059
Employee
90 299
-
104 500
-
social contributions
30 449
-
35 238
-
regional
852
-
1 014
-
municipal
478
-
553
-
national
15 647
-
19 223
-
total
47 426
-
56 028
-
Employer
90 299
-
104 500
-
total
-
-
-
-
Corporate
14 201
104 500
-
-
nationa
3 409
25 079
-
-
municipal
553
4 076
-
-
total
3 962
29 155
-
-
Dividends
10 239
75 345
-
-
withholding
2 663
19 590
-
-
total
2 663
19 590
-
-
Income
104 500
104 500
104 500
104 500
Total tax
54 051
48 745
56 028
51 059
After tax
50 449
55 755
48 472
53 441
Living cost
42 873
42 873
42 873
42 873
Free-cash
7 576
12 882
5 599
10 568

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽43310
₽40147
₽31046
₽29019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
20 002
pensions
-
-
-
20 901
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 419
surtax
-
-
-
2 480
total
-
-
-
51 033
Employee
33 600
-
86 329
-
other
-
-
-
-
health
858
-
2 202
-
surtax
110
-
2 246
-
income
5 632
-
18 676
-
pensions
2 240
-
5 757
-
unemployment
2 339
-
6 008
-
total
11 179
-
34 889
-
Employer
33 600
-
86 329
-
other
-
-
-
-
unemployment
1 064
-
2 736
-
pensions
4 479
-
11 507
-
health
1 529
-
3 928
-
total
7 072
-
18 171
-
Corporate
63 828
104 500
-
-
income
16 595
27 169
-
-
total
16 595
27 169
-
-
Dividends
47 233
77 331
-
-
withholding
7 086
11 600
-
-
total
7 086
11 600
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 932
38 769
53 060
51 033
After tax
62 568
65 731
51 440
53 467
Living cost
22 420
22 420
22 420
22 420
Free-cash
40 147
43 310
29 019
31 046

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽29831
₽23512
₽28247
₽18648
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
21 829
pensions
-
-
-
7 689
total
-
-
-
29 518
Employee
64 865
-
91 986
-
health
942
-
1 496
-
income
11 682
-
16 346
-
pensions
5 506
-
8 761
-
total
18 130
-
26 603
-
Employer
64 865
-
91 986
-
pensions
7 022
-
10 766
-
health
1 232
-
1 748
-
total
8 254
-
12 514
-
Corporate
31 381
104 500
-
-
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.

5 963
19 855
-
-
total
5 963
19 855
-
-
Dividends
25 418
84 645
-
-
withholding
1 906
8 079
-
-
total
1 906
8 079
-
-
Income
104 500
104 500
104 500
104 500
Total tax
34 253
27 934
39 117
29 518
After tax
70 247
76 566
65 383
74 982
Living cost
46 735
46 735
46 735
46 735
Free-cash
23 512
29 831
18 648
28 247

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽29830
₽3379
₽9467
₽4272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
city
-
-
-
1 100
pensions
-
-
-
9 614
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.

-
-
-
2 089
regional
-
-
-
3 662
health
-
-
-
253
national
-
-
-
700
total
-
-
-
17 418
Employee
90 829
-
93 534
-
city
975
-
1 005
-
regional
2 974
-
3 120
-
health
205
-
211
-
pensions
7 631
-
7 856
-
unemployment
-
-
-
-
national
430
-
484
-
total
12 215
-
12 676
-
Employer
90 829
-
93 534
-
other

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

1 816
-
1 870
-
unemployment
-
-
-
-
pensions
7 631
-
7 856
-
health
205
-
211
-
total
9 652
-
9 937
-
Corporate
3 020
104 500
-
-
regional
638
22 101
-
-
national
257
8 883
-
-
total
895
30 984
-
-
Dividends
2 125
73 516
-
-
withholding
744
25 731
-
-
total
744
25 731
-
-
Income
104 500
104 500
104 500
104 500
Total tax
23 506
56 715
22 613
17 418
After tax
80 994
47 785
81 887
87 082
Living cost
77 615
77 615
77 615
77 615
Free-cash
3 379
-29 830
4 272
9 467

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽5209
₽21684
₽17665
₽27485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
trade
-
-
-
9 820
income

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

-
-
-
22 303
health

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

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

-
-
-
6 941
surtax

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

-
-
-
1 226
total
-
-
-
40 290
Employee

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

61 062
-
104 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
1 226
-
income

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

7 180
-
22 303
-
total
14 516
-
30 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 438
104 500
-
-
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.

359
862
-
-
income
6 515
15 676
-
-
trade
7 450
17 922
-
-
chamber of commerce
216
301
-
-
total
14 540
34 761
-
-
Dividends
28 898
69 740
-
-
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.

376
937
-
-
withholding
6 839
17 048
-
-
total
7 215
17 985
-
-
Income
104 500
104 500
104 500
104 500
Total tax
36 271
52 746
30 470
40 290
After tax
68 229
51 754
74 030
64 210
Living cost
46 545
46 545
46 545
46 545
Free-cash
21 684
5 209
27 485
17 665

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽17906
₽23906
₽25330
₽30775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
10 361
pensions
-
-
-
25 733
other
-
-
-
3 243
health
-
-
-
2 094
surtax
-
-
-
-
social contributions
-
-
-
2 977
total
-
-
-
44 408
Employee
43 485
-
84 719
-
social contributions
1 240
-
2 414
-
surtax
-
-
-
-
income
2 566
-
12 654
-
pensions
4 917
-
4 113
-
total
8 723
-
19 181
-
Employer
43 485
-
84 719
-
other
1 500
-
2 923
-
social contributions
131
-
255
-
unemployment
1 760
-
3 432
-
pensions
7 144
-
7 241
-
health
3 045
-
5 931
-
total
13 580
-
19 782
-
Corporate
47 435
104 500
-
-
surtax
-
-
-
-
income
13 283
29 259
-
-
total
13 283
29 259
-
-
Dividends
34 153
75 241
-
-
surtax
-
-
-
-
social contributions
5 875
12 942
-
-
withholding
4 371
9 631
-
-
total
10 246
22 573
-
-
Income
104 500
104 500
104 500
104 500
Total tax
45 832
51 832
38 963
44 408
After tax
58 668
52 668
65 537
60 092
Living cost
34 762
34 762
34 762
34 762
Free-cash
23 906
17 906
30 775
25 330

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽21350
₽26996
₽28774
₽34219
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
10 361
pensions
-
-
-
25 733
other
-
-
-
3 243
health
-
-
-
2 094
surtax
-
-
-
-
social contributions
-
-
-
2 977
total
-
-
-
44 408
Employee
38 816
-
84 719
-
social contributions
1 107
-
2 414
-
surtax
-
-
-
-
income
2 001
-
12 654
-
pensions
4 390
-
4 113
-
total
7 498
-
19 181
-
Employer
38 816
-
84 719
-
other
1 340
-
2 923
-
social contributions
116
-
255
-
unemployment
1 571
-
3 432
-
pensions
6 378
-
7 241
-
health
2 717
-
5 931
-
total
12 122
-
19 782
-
Corporate
53 562
104 500
-
-
surtax
-
-
-
-
income
14 997
29 259
-
-
total
14 997
29 259
-
-
Dividends
38 565
75 241
-
-
surtax
-
-
-
-
social contributions
6 633
12 942
-
-
withholding
4 936
9 631
-
-
total
11 569
22 573
-
-
Income
104 500
104 500
104 500
104 500
Total tax
46 186
51 832
38 963
44 408
After tax
58 314
52 668
65 537
60 092
Living cost
31 318
31 318
31 318
31 318
Free-cash
26 996
21 350
34 219
28 774

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽42210
₽42736
₽45565
₽45598
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
15 676
health
-
-
-
7 294
social contributions
-
-
-
14 420
total
-
-
-
37 390
Employee
34 450
-
104 500
-
social contributions
4 755
-
14 420
-
health
2 404
-
7 294
-
income
5 746
-
15 643
-
total
12 905
-
37 357
-
Employer
34 450
-
104 500
-
total
-
-
-
-
Corporate
70 050
104 500
-
-
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%.

3 503
5 225
-
-
total
3 503
5 225
-
-
Dividends
66 547
99 275
-
-
health
4 645
6 930
-
-
social contributions
9 184
13 699
-
-
withholding
9 982
14 891
-
-
total
23 811
35 520
-
-
Income
104 500
104 500
104 500
104 500
Total tax
40 219
40 745
37 357
37 390
After tax
64 281
63 755
67 143
67 110
Living cost
21 545
21 545
21 545
21 545
Free-cash
42 736
42 210
45 598
45 565

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽22729
₽21161
₽16873
-₽4469
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
chamber of commerce
-
-
-
418
income
-
-
-
17 648
pensions
-
-
-
19 333
unemployment
-
-
-
6 232
health
-
-
-
7 994
surtax
-
-
-
201
total
-
-
-
51 826
Employee
50 777
40 491
80 990
-
other
507
405
810
-
health
1 965
1 568
3 135
-
income
5 781
2 987
15 708
-
pensions
5 200
4 145
8 293
-
unemployment
1 523
1 215
2 429
-
total
14 976
10 320
30 375
-
Employer
50 777
40 491
80 990
-
accident
659
526
1 053
-
other
2 412
1 922
3 847
-
chamber of commerce
202
162
324
-
unemployment
1 523
1 215
2 429
-
surtax
201
201
201
-
pensions
6 372
5 083
10 165
-
payroll
1 523
1 215
2 429
-
health
1 918
1 531
3 062
-
total
14 810
11 855
23 510
-
Corporate
38 911
52 155
77 134
-
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.

9 727
13 038
19 283
-
total
9 727
13 038
19 283
-
Dividends
29 184
39 117
-
-
withholding
8 025
10 757
-
-
total
8 025
10 757
-
-
Income
104 500
104 500
104 500
104 500
Total tax
47 538
45 970
73 168
51 826
After tax
56 962
58 530
31 332
52 674
Living cost
35 801
35 801
35 801
35 801
Free-cash
21 161
22 729
-4 469
16 873

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽21551
₽6314
₽11682
₽3517
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
national
-
-
-
34 031
communal

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

-
-
-
5 283
social contributions
-
-
-
16 458
total
-
-
-
55 772
Employee

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

72 678
-
80 938
-
communal

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

3 791
-
4 223
-
health

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

3 415
-
3 804
-
pensions

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

5 451
-
6 070
-
unemployment

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

632
-
704
-
national
22 344
-
25 576
-
total
35 633
-
40 377
-
Employer

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

72 678
-
80 938
-
accident

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

945
-
1 053
-
unemployment

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

1 060
-
1 182
-
surtax
8 241
-
9 178
-
pensions

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

6 440
-
7 171
-
health

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

4 469
-
4 976
-
total
21 155
-
23 560
-
Corporate
10 667
104 500
-
-
surtax
42
418
-
-
income
2 133
20 901
-
-
total
2 175
21 319
-
-
Dividends
8 492
83 181
-
-
withholding

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

2 177
24 584
-
-
total
2 177
24 584
-
-
Income
104 500
104 500
104 500
104 500
Total tax
61 140
45 903
63 937
55 772
After tax
43 360
58 597
40 563
48 728
Living cost
37 046
37 046
37 046
37 046
Free-cash
6 314
21 551
3 517
11 682

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽33710
₽25615
₽19632
₽18345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
848
income
-
-
-
19 924
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 175
Employee
50 576
-
79 238
-
other
50
-
79
-
income
10 671
-
19 168
-
pensions
2 377
-
3 725
-
unemployment
785
-
1 228
-
total
13 883
-
24 200
-
Employer
50 576
-
79 238
-
accident
1 001
-
1 569
-
other
403
-
634
-
unemployment
2 782
-
4 358
-
pensions
11 935
-
18 701
-
total
16 121
-
25 262
-
Corporate
37 803
104 500
-
-
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.

5 671
15 676
-
-
total
5 671
15 676
-
-
Dividends
32 133
88 824
-
-
withholding
6 517
18 421
-
-
total
6 517
18 421
-
-
Income
104 500
104 500
104 500
104 500
Total tax
42 192
34 097
49 462
48 175
After tax
62 308
70 403
55 038
56 325
Living cost
36 693
36 693
36 693
36 693
Free-cash
25 615
33 710
18 345
19 632

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽8651
₽1595
₽4224
₽8823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
881
income
-
-
-
9 388
pensions
-
-
-
15 664
health
-
-
-
7 342
surtax
-
-
-
5 181
communal
-
-
-
6 604
total
-
-
-
45 060
Employee
76 944
-
93 344
-
health
3 424
-
4 155
-
surtax
4 716
-
5 721
-
income
7 432
-
11 960
-
pensions
6 155
-
7 468
-
total
21 727
-
29 304
-
Employer
76 944
-
93 344
-
accident
692
-
841
-
pensions
6 155
-
7 468
-
health
2 347
-
2 848
-
total
9 194
-
11 157
-
Corporate
18 363
104 500
-
-
surtax
193
1 097
-
-
communal
-
7 053
-
-
income
2 755
15 676
-
-
total
2 948
23 826
-
-
Dividends
15 415
80 674
-
-
income
11 508
4 706
-
-
withholding
2 312
12 101
-
-
total
13 820
16 807
-
-
Income
104 500
104 500
104 500
104 500
Total tax
47 689
40 633
40 461
45 060
After tax
56 811
63 867
64 039
59 440
Living cost
55 216
55 216
55 216
55 216
Free-cash
1 595
8 651
8 823
4 224

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽42910
₽39679
₽30646
₽28619
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
20 002
pensions
-
-
-
20 901
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 419
surtax
-
-
-
2 480
total
-
-
-
51 033
Employee
34 217
-
86 329
-
other
-
-
-
-
health
873
-
2 202
-
surtax
121
-
2 246
-
income
5 736
-
18 676
-
pensions
2 283
-
5 757
-
unemployment
2 381
-
6 008
-
total
11 394
-
34 889
-
Employer
34 217
-
86 329
-
other
-
-
-
-
unemployment
1 086
-
2 736
-
pensions
4 562
-
11 507
-
health
1 556
-
3 928
-
total
7 204
-
18 171
-
Corporate
63 080
104 500
-
-
income
16 401
27 169
-
-
total
16 401
27 169
-
-
Dividends
46 679
77 331
-
-
withholding
7 001
11 600
-
-
total
7 001
11 600
-
-
Income
104 500
104 500
104 500
104 500
Total tax
42 000
38 769
53 060
51 033
After tax
62 500
65 731
51 440
53 467
Living cost
22 821
22 821
22 821
22 821
Free-cash
39 679
42 910
28 619
30 646

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽27558
₽25301
₽25654
₽20710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
621
regional
-
-
-
1 576
national
-
-
-
22 401
social contributions
-
-
-
26 878
total
-
-
-
51 476
Employee
56 361
-
104 500
-
social contributions
19 005
-
35 238
-
regional
759
-
1 406
-
municipal
299
-
553
-
national
8 929
-
19 223
-
total
28 992
-
56 420
-
Employer
56 361
-
104 500
-
total
-
-
-
-
Corporate
48 139
104 500
-
-
nationa
11 553
25 079
-
-
municipal
2 393
5 194
-
-
total
13 946
30 273
-
-
Dividends
34 193
74 227
-
-
withholding
8 891
19 299
-
-
total
8 891
19 299
-
-
Income
104 500
104 500
104 500
104 500
Total tax
51 829
49 572
56 420
51 476
After tax
52 671
54 928
48 080
53 024
Living cost
27 370
27 370
27 370
27 370
Free-cash
25 301
27 558
20 710
25 654

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽42036
₽31366
₽20985
₽23118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
8 982
health
-
-
-
14 107
solidarity contribution
-
-
-
-
social contributions
-
-
-
30 514
total
-
-
-
53 603
Employee
43 988
-
77 985
-
social contributions
2 859
-
5 069
-
health
5 938
-
10 528
-
solidarity contribution
-
-
-
-
income
5 278
-
9 358
-
total
14 075
-
24 955
-
Employer
43 988
-
77 985
-
social contributions
10 997
-
19 496
-
health
3 959
-
7 019
-
total
14 956
-
26 515
-
Corporate
45 557
104 500
-
-
income
8 656
19 855
-
-
total
8 656
19 855
-
-
Dividends
36 901
84 645
-
-
withholding
5 535
12 697
-
-
total
5 535
12 697
-
-
Income
104 500
104 500
104 500
104 500
Total tax
43 222
32 552
51 470
53 603
After tax
61 278
71 948
53 030
50 897
Living cost
29 912
29 912
29 912
29 912
Free-cash
31 366
42 036
23 118
20 985

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽26224
₽25724
₽20460
-₽1048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
chamber of commerce
-
-
-
418
income
-
-
-
17 648
pensions
-
-
-
19 333
unemployment
-
-
-
6 232
health
-
-
-
7 994
surtax
-
-
-
-
total
-
-
-
51 625
Employee
44 414
40 491
81 145
-
other
443
405
812
-
health
1 718
1 568
3 141
-
income
3 957
2 987
15 760
-
pensions
4 548
4 145
8 308
-
unemployment
1 332
1 215
2 435
-
total
11 998
10 320
30 456
-
Employer
44 414
40 491
81 145
-
accident
577
526
1 055
-
other
2 109
1 922
3 854
-
chamber of commerce
177
162
324
-
unemployment
1 332
1 215
2 435
-
surtax
-
-
-
-
pensions
5 574
5 083
10 184
-
payroll
1 332
1 215
2 435
-
health
1 679
1 531
3 068
-
total
12 780
11 654
23 355
-
Corporate
47 305
52 356
77 288
-
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.

11 827
13 088
19 322
-
total
11 827
13 088
19 322
-
Dividends
35 477
39 268
-
-
withholding
9 756
10 799
-
-
total
9 756
10 799
-
-
Income
104 500
104 500
104 500
104 500
Total tax
46 361
45 861
73 133
51 625
After tax
58 139
58 639
31 367
52 875
Living cost
32 415
32 415
32 415
32 415
Free-cash
25 724
26 224
-1 048
20 460

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽84843
₽82137
₽89023
₽69168
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
104 500
microenterprise

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

-
-
-
1 045
total
-
-
-
1 045
Employee
18 040
-
104 500
-
income
3 608
-
20 900
-
total
3 608
-
20 900
-
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%.

86 460
104 500
-
-
total
-
-
-
-
Dividends
86 460
104 500
-
-
withholding
4 323
5 225
-
-
total
4 323
5 225
-
-
Income
104 500
104 500
104 500
104 500
Total tax
7 931
5 225
20 900
1 045
After tax
96 569
99 275
83 600
103 455
Living cost
14 432
14 432
14 432
14 432
Free-cash
82 137
84 843
69 168
89 023

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽44695
₽36197
₽26687
₽23690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
income
-
-
-
21 037
pensions
-
-
-
19 085
unemployment
-
-
-
156
health
-
-
-
10 283
total
-
-
-
50 561
Employee

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

44 929
-
90 423
-
health
2 902
-
5 842
-
income
7 748
-
19 495
-
pensions
6 964
-
14 016
-
unemployment
64
-
127
-
total
17 678
-
39 480
-
Employer

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

44 929
-
90 423
-
unemployment
27
-
54
-
pensions
3 976
-
8 002
-
health
2 992
-
6 022
-
total
6 995
-
14 078
-
Corporate
52 575
104 500
-
-
income
9 990
19 856
-
-
total
9 990
19 856
-
-
Dividends
42 586
84 644
-
-
withholding
6 388
12 697
-
-
total
6 388
12 697
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 051
32 553
53 558
50 561
After tax
63 449
71 947
50 942
53 939
Living cost
27 252
27 252
27 252
27 252
Free-cash
36 197
44 695
23 690
26 687

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽19678
-₽47202
₽28318
₽47215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
20 369
social contributions
-
-
-
11 913
total
-
-
-
32 282
Employee
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
Corporate
-
104 500
-
-
income
-
22 990
-
-
total
-
22 990
-
-
Dividends
-
81 510
-
-
income
-
17 932
-
-
total
-
17 932
-
-
Income
104 500
104 500
104 500
104 500
Total tax
107 802
40 922
13 385
32 282
After tax
-3 302
63 578
91 115
72 218
Living cost
43 900
43 900
43 900
43 900
Free-cash
-47 202
19 678
47 215
28 318

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽27570
₽26548
₽26430
₽20950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
income
-
-
-
9 886
surtax
-
-
-
-
social contributions

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

-
-
-
36 314
total
-
-
-
46 200
Employee
46 730
-
84 444
-
social contributions
5 140
-
9 290
-
surtax
-
-
-
-
income
9 720
-
22 334
-
total
14 860
-
31 624
-
Employer
46 730
-
84 444
-
social contributions
11 098
-
20 056
-
total
11 098
-
20 056
-
Corporate
46 672
104 500
-
-
surtax
-
-
-
-
income
9 801
21 946
-
-
total
9 801
21 946
-
-
Dividends
36 871
82 554
-
-
withholding
10 323
23 114
-
-
total
10 323
23 114
-
-
Income
104 500
104 500
104 500
104 500
Total tax
46 082
45 060
51 680
46 200
After tax
58 418
59 440
52 820
58 300
Living cost
31 870
31 870
31 870
31 870
Free-cash
26 548
27 570
20 950
26 430

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
₽3595
₽10580
₽11019
₽16464
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
10 361
pensions
-
-
-
25 733
other
-
-
-
3 243
health
-
-
-
2 094
surtax
-
-
-
-
social contributions
-
-
-
2 977
total
-
-
-
44 408
Employee
63 636
-
84 719
-
social contributions
1 812
-
2 414
-
surtax
-
-
-
-
income
5 552
-
12 654
-
pensions
7 198
-
4 113
-
total
14 562
-
19 181
-
Employer
63 636
-
84 719
-
other
2 196
-
2 923
-
social contributions
191
-
255
-
unemployment
2 578
-
3 432
-
pensions
10 456
-
7 241
-
health
4 454
-
5 931
-
total
19 875
-
19 782
-
Corporate
20 989
104 500
-
-
surtax
-
-
-
-
income
5 877
29 259
-
-
total
5 877
29 259
-
-
Dividends
15 112
75 241
-
-
surtax
-
-
-
-
social contributions
2 599
12 942
-
-
withholding
1 934
9 631
-
-
total
4 533
22 573
-
-
Income
104 500
104 500
104 500
104 500
Total tax
44 847
51 832
38 963
44 408
After tax
59 653
52 668
65 537
60 092
Living cost
49 073
49 073
49 073
49 073
Free-cash
10 580
3 595
16 464
11 019

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽63508
₽60095
₽48987
₽51763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
1 980
social contributions
-
-
-
22 991
total
-
-
-
24 971
Employee
32 665
-
90 475
-
income
-
-
2 289
-
social contributions
2 123
-
5 881
-
total
2 123
-
8 170
-
Employer
32 665
-
90 475
-
social contributions
5 063
-
14 025
-
total
5 063
-
14 025
-
Corporate
66 772
104 500
-
-
income
6 677
10 450
-
-
total
6 677
10 450
-
-
Dividends
60 095
94 050
-
-
total
-
-
-
-
Income
104 500
104 500
104 500
104 500
Total tax
13 863
10 450
22 195
24 971
After tax
90 637
94 050
82 305
79 529
Living cost
30 542
30 542
30 542
30 542
Free-cash
60 095
63 508
51 763
48 987

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽116848
-₽116848
₽15718
-₽116848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
19 557
pensions
-
-
-
881
national
-
-
-
11 127
labour market
-
-
-
8 290
total
-
-
-
39 855
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
104 500
104 500
104 500
104 500
Total tax
172 421
172 421
172 421
39 855
After tax
-67 921
-67 921
-67 921
64 645
Living cost
48 927
48 927
48 927
48 927
Free-cash
-116 848
-116 848
-116 848
15 718

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽13401
₽5110
₽49835
₽32326
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
255
income
-
-
-
25 774
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
32 800
Employee
34 396
-
89 691
-
health
3 939
-
10 270
-
income
4 719
-
17 534
-
pensions
3 873
-
7 696
-
total
12 531
-
35 500
-
Employer
34 396
-
89 691
-
accident
574
-
1 498
-
unemployment
843
-
2 197
-
pensions
5 593
-
11 114
-
total
7 010
-
14 809
-
Corporate
63 094
104 500
-
-
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.

56 785
94 050
-
-
total
56 785
94 050
-
-
Dividends
6 310
10 450
-
-
withholding
1 199
1 986
-
-
total
1 199
1 986
-
-
Income
104 500
104 500
104 500
104 500
Total tax
77 525
96 036
50 309
32 800
After tax
26 975
8 464
54 191
71 700
Living cost
21 865
21 865
21 865
21 865
Free-cash
5 110
-13 401
32 326
49 835

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽30254
₽28342
₽34872
₽20377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
104 500
municipal
-
-
-
18 597
health
-
-
-
1 186
national
-
-
-
10 837
total
-
-
-
30 620
Employee
53 456
-
87 910
-
health
399
-
929
-
municipal
8 756
-
14 351
-
pensions
3 608
-
5 935
-
unemployment
802
-
1 319
-
national
883
-
5 991
-
total
14 448
-
28 525
-
Employer
53 456
-
87 910
-
accident
54
-
89
-
unemployment
347
-
571
-
pensions
9 274
-
15 253
-
health
411
-
677
-
total
10 086
-
16 590
-
Corporate
40 958
104 500
-
-
income
8 193
20 901
-
-
total
8 193
20 901
-
-
Dividends

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

24 574
62 699
-
-
national
-
3 052
-
-
municipal
4 423
11 285
-
-
total
4 423
14 337
-
-
Income
104 500
104 500
104 500
104 500
Total tax
37 150
35 238
45 115
30 620
After tax
67 350
69 262
59 385
73 880
Living cost
39 008
39 008
39 008
39 008
Free-cash
28 342
30 254
20 377
34 872

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽52952
₽47423
₽50213
₽50109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
11 796
health
-
-
-
2 665
social contributions
-
-
-
16 302
total
-
-
-
30 763
Employee
78 128
78 128
94 871
-
social contributions
2 954
6 484
7 874
-
health
605
1 328
1 612
-
income
8 507
7 232
11 752
-
total
12 066
15 044
21 238
-
Employer
78 128
78 128
94 871
-
social contributions
2 954
6 484
7 874
-
health
657
1 446
1 755
-
total
3 611
7 930
9 629
-
Corporate
65 298
18 441
-
-
income
8 162
2 306
-
-
total
8 162
2 306
-
-
Dividends
57 137
16 135
-
-
withholding
9 714
2 744
-
-
total
9 714
2 744
-
-
Income
104 500
104 500
104 500
104 500
Total tax
33 553
28 024
30 867
30 763
After tax
70 947
76 476
73 633
73 737
Living cost
23 524
23 524
23 524
23 524
Free-cash
47 423
52 952
50 109
50 213

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽70404
₽65235
₽68182
₽48312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
104 500
income
-
-
-
10 017
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
20 186
Employee

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

23 322
-
94 740
-
health
1 982
-
8 054
-
income
1 595
-
7 560
-
pensions
3 498
-
14 210
-
unemployment
116
-
474
-
total
7 191
-
30 298
-
Employer

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

23 322
-
94 740
-
unemployment
116
-
474
-
pensions
1 282
-
5 210
-
health
1 003
-
4 074
-
total
2 401
-
9 758
-
Corporate
78 778
104 500
-
-
income
7 090
9 405
-
-
total
7 090
9 405
-
-
Dividends
71 688
95 095
-
-
withholding
6 451
8 559
-
-
total
6 451
8 559
-
-
Income
104 500
104 500
104 500
104 500
Total tax
23 133
17 964
40 056
20 186
After tax
81 367
86 536
64 444
84 314
Living cost
16 132
16 132
16 132
16 132
Free-cash
65 235
70 404
48 312
68 182

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽42463
₽37134
₽28385
₽27098
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
848
income
-
-
-
19 924
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 175
Employee
37 569
-
79 238
-
other
37
-
79
-
income
7 243
-
19 168
-
pensions
1 766
-
3 725
-
unemployment
582
-
1 228
-
total
9 628
-
24 200
-
Employer
37 569
-
79 238
-
accident
744
-
1 569
-
other
301
-
634
-
unemployment
2 067
-
4 358
-
pensions
8 866
-
18 701
-
total
11 978
-
25 262
-
Corporate
54 954
104 500
-
-
income

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

8 243
15 676
-
-
total
8 243
15 676
-
-
Dividends
46 711
88 824
-
-
withholding
9 577
18 421
-
-
total
9 577
18 421
-
-
Income
104 500
104 500
104 500
104 500
Total tax
39 426
34 097
49 462
48 175
After tax
65 074
70 403
55 038
56 325
Living cost
27 940
27 940
27 940
27 940
Free-cash
37 134
42 463
27 098
28 385

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽62427
₽61971
₽63510
₽63313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
34 709
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
38 209
Employee
4 236
-
102 218
-
health
212
-
507
-
income
820
-
34 602
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
36 123
-
Employer
4 236
-
102 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
99 310
104 500
-
-
income
21 848
22 990
-
-
total
21 848
22 990
-
-
Dividends
77 462
81 510
-
-
withholding
15 492
16 302
-
-
total
15 492
16 302
-
-
Income
104 500
104 500
104 500
104 500
Total tax
39 748
39 292
38 406
38 209
After tax
64 752
65 208
66 094
66 291
Living cost
2 781
2 781
2 781
2 781
Free-cash
61 971
62 427
63 313
63 510

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽57942
₽52944
₽38083
₽38084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
income
-
-
-
20 494
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
48 858
Employee

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

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

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

26 477
-
91 069
-
health
1 364
-
3 864
-
income
3 650
-
20 494
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
35 426
-
Employer

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

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

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

26 477
-
91 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
73 284
104 500
-
-
income
10 993
15 675
-
-
total
10 993
15 675
-
-
Dividends
62 291
88 825
-
-
withholding
9 344
13 324
-
-
total
9 344
13 324
-
-
Income
104 500
104 500
104 500
104 500
Total tax
33 997
28 999
48 857
48 858
After tax
70 503
75 501
55 643
55 642
Living cost
17 559
17 559
17 559
17 559
Free-cash
52 944
57 942
38 084
38 083

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽32048
₽31681
₽30908
₽25428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
income
-
-
-
9 886
surtax
-
-
-
-
social contributions

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

-
-
-
36 314
total
-
-
-
46 200
Employee
39 435
-
84 444
-
social contributions
4 338
-
9 290
-
surtax
-
-
-
-
income
7 705
-
22 334
-
total
12 043
-
31 624
-
Employer
39 435
-
84 444
-
social contributions
9 365
-
20 056
-
total
9 365
-
20 056
-
Corporate
55 700
104 500
-
-
surtax
-
-
-
-
income
11 698
21 946
-
-
total
11 698
21 946
-
-
Dividends
44 003
82 554
-
-
withholding
12 321
23 114
-
-
total
12 321
23 114
-
-
Income
104 500
104 500
104 500
104 500
Total tax
45 427
45 060
51 680
46 200
After tax
59 073
59 440
52 820
58 300
Living cost
27 392
27 392
27 392
27 392
Free-cash
31 681
32 048
25 428
30 908

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽34695
₽26947
₽20617
₽19330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
848
income
-
-
-
19 924
pensions
-
-
-
26 650
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
48 175
Employee
49 070
-
79 238
-
other
48
-
79
-
income
10 249
-
19 168
-
pensions
2 306
-
3 725
-
unemployment
760
-
1 228
-
total
13 363
-
24 200
-
Employer
49 070
-
79 238
-
accident
972
-
1 569
-
other
393
-
634
-
unemployment
2 699
-
4 358
-
pensions
11 580
-
18 701
-
total
15 644
-
25 262
-
Corporate
39 785
104 500
-
-
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.

5 968
15 676
-
-
total
5 968
15 676
-
-
Dividends
33 818
88 824
-
-
withholding
6 870
18 421
-
-
total
6 870
18 421
-
-
Income
104 500
104 500
104 500
104 500
Total tax
41 845
34 097
49 462
48 175
After tax
62 655
70 403
55 038
56 325
Living cost
35 708
35 708
35 708
35 708
Free-cash
26 947
34 695
19 330
20 617

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽71868
₽65676
₽61869
₽65165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
15 675
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
25 152
Employee
23 145
-
97 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
9 754
-
pensions

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

2 032
-
3 116
-
total
5 666
-
14 893
-
Employer
23 145
-
97 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
76 814
104 500
-
-
income
7 681
10 450
-
-
total
7 681
10 450
-
-
Dividends
69 133
94 050
-
-
withholding
3 457
4 703
-
-
total
3 457
4 703
-
-
Income
104 500
104 500
104 500
104 500
Total tax
21 345
15 153
21 856
25 152
After tax
83 155
89 347
82 644
79 348
Living cost
17 479
17 479
17 479
17 479
Free-cash
65 676
71 868
65 165
61 869

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽14677
₽27970
₽26586
₽34804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
trade
-
-
-
8 218
income

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

-
-
-
22 303
health

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

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

-
-
-
6 941
surtax

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

-
-
-
1 226
total
-
-
-
38 688
Employee

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

50 554
-
104 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
1 226
-
income

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

4 157
-
22 303
-
total
11 327
-
30 470
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 946
104 500
-
-
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.

445
862
-
-
income
8 092
15 676
-
-
trade
7 741
14 995
-
-
chamber of commerce
233
307
-
-
total
16 511
31 840
-
-
Dividends
37 433
72 661
-
-
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.

494
978
-
-
withholding
8 972
17 779
-
-
total
9 466
18 757
-
-
Income
104 500
104 500
104 500
104 500
Total tax
37 304
50 597
30 470
38 688
After tax
67 196
53 903
74 030
65 812
Living cost
39 226
39 226
39 226
39 226
Free-cash
27 970
14 677
34 804
26 586

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽15271
₽17516
₽12261
₽12261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
25 006
social contributions
-
-
-
9 355
total
-
-
-
34 361
Employee
79 477
-
104 500
-
income
14 997
-
25 006
-
social contributions
6 603
-
9 355
-
total
21 600
-
34 361
-
Employer
79 477
-
104 500
-
total
-
-
-
-
Corporate
25 023
104 500
-
-
income
3 127
13 063
-
-
total
3 127
13 063
-
-
Dividends
21 896
91 437
-
-
withholding
4 379
18 288
-
-
total
4 379
18 288
-
-
Income
104 500
104 500
104 500
104 500
Total tax
29 106
31 351
34 361
34 361
After tax
75 394
73 149
70 139
70 139
Living cost
57 878
57 878
57 878
57 878
Free-cash
17 516
15 271
12 261
12 261

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽25675
₽29404
₽31884
₽39910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
income
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
99 826
-
income
5 057
-
18 360
-
social contributions
4 670
-
4 674
-
total
9 727
-
23 034
-
Employer
46 610
-
99 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
53 220
104 500
-
-
income
18 628
36 575
-
-
total
18 628
36 575
-
-
Dividends
34 593
67 925
-
-
social contributions
5 189
5 368
-
-
total
5 189
5 368
-
-
Income
104 500
104 500
104 500
104 500
Total tax
38 214
41 943
27 708
35 734
After tax
66 286
62 557
76 792
68 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
29 404
25 675
39 910
31 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽38572
₽34532
₽36988
₽27389
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
income
-
-
-
21 829
pensions
-
-
-
7 689
total
-
-
-
29 518
Employee
52 152
-
91 986
-
health
680
-
1 496
-
income
9 497
-
16 346
-
pensions
3 981
-
8 761
-
total
14 158
-
26 603
-
Employer
52 152
-
91 986
-
pensions
5 269
-
10 766
-
health
991
-
1 748
-
total
6 260
-
12 514
-
Corporate
46 087
104 500
-
-
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.

8 756
19 855
-
-
total
8 756
19 855
-
-
Dividends
37 331
84 645
-
-
withholding
2 800
8 079
-
-
total
2 800
8 079
-
-
Income
104 500
104 500
104 500
104 500
Total tax
31 974
27 934
39 117
29 518
After tax
72 526
76 566
65 383
74 982
Living cost
37 994
37 994
37 994
37 994
Free-cash
34 532
38 572
27 389
36 988

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽15566
₽4779
₽47670
₽30161
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
accident
-
-
-
255
income
-
-
-
25 774
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
32 800
Employee
37 800
-
89 691
-
health
4 328
-
10 270
-
income
5 186
-
17 534
-
pensions
4 256
-
7 696
-
total
13 770
-
35 500
-
Employer
37 800
-
89 691
-
accident
631
-
1 498
-
unemployment
926
-
2 197
-
pensions
6 146
-
11 114
-
total
7 703
-
14 809
-
Corporate
58 996
104 500
-
-
income

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

53 097
94 050
-
-
total
53 097
94 050
-
-
Dividends
5 900
10 450
-
-
withholding
1 121
1 986
-
-
total
1 121
1 986
-
-
Income
104 500
104 500
104 500
104 500
Total tax
75 691
96 036
50 309
32 800
After tax
28 809
8 464
54 191
71 700
Living cost
24 030
24 030
24 030
24 030
Free-cash
4 779
-15 566
30 161
47 670

Estimated living cost  is ₽24030 per week

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

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽74242
₽70200
₽45958
₽52402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
104 500
work injury
-
-
-
523
health insurance
-
-
-
7 733
income
-
-
-
16 109
pensions
-
-
-
19 228
unemployment
-
-
-
1 254
total
-
-
-
44 847
Employee

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

21 911
-
104 500
-
work injury
110
-
405
-
income
2 191
-
16 109
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
38 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
82 589
104 500
-
-
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%.

-
1 045
-
-
total
-
1 045
-
-
Dividends
82 589
103 455
-
-
withholding
12 388
15 518
-
-
total
12 388
15 518
-
-
Income
104 500
104 500
104 500
104 500
Total tax
20 605
16 563
38 403
44 847
After tax
83 895
87 937
66 097
59 653
Living cost
13 695
13 695
13 695
13 695
Free-cash
70 200
74 242
52 402
45 958

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽14569
₽9945
₽11932
₽7155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
104 500
municipal
-
-
-
698
regional
-
-
-
2 114
national
-
-
-
22 401
social contributions
-
-
-
26 878
total
-
-
-
52 091
Employee
85 618
-
104 500
-
social contributions
28 870
-
35 238
-
regional
1 293
-
1 784
-
municipal
511
-
623
-
national
14 469
-
19 223
-
total
45 143
-
56 868
-
Employer
85 618
-
104 500
-
total
-
-
-
-
Corporate
18 882
104 500
-
-
nationa
4 531
25 079
-
-
municipal
910
5 036
-
-
total
5 441
30 115
-
-
Dividends
13 441
74 385
-
-
withholding
3 494
19 339
-
-
total
3 494
19 339
-
-
Income
104 500
104 500
104 500
104 500
Total tax
54 078
49 454
56 868
52 091
After tax
50 422
55 046
47 632
52 409
Living cost
40 476
40 476
40 476
40 476
Free-cash
9 945
14 569
7 155
11 932

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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