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
₽ 105500
per

Your estimated
City
free-cash

Dresden , Germany
₽34810
₽44104
₽34099
₽23039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
trade
-
-
-
9 294
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.

-
-
-
6 831
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.

-
-
-
23 013
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.

-
-
-
1 266
total
-
-
-
40 404
Employee

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

38 244
-
105 500
-
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.

59
-
1 266
-
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.

1 068
-
23 013
-
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.

6 831
-
6 831
-
total
7 958
-
31 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 256
105 500
-
-
trade
10 594
16 616
-
-
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.

554
871
-
-
income
10 089
15 825
-
-
chamber of commerce
249
304
-
-
total
21 486
33 616
-
-
Dividends
45 771
71 884
-
-
surtax

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

609
968
-
-
withholding
11 062
17 591
-
-
total
11 671
18 559
-
-
Income
105 500
105 500
105 500
105 500
Total tax
41 115
52 175
31 110
40 404
After tax
64 385
53 325
74 390
65 096
Living cost
30 286
30 286
30 286
30 286
Free-cash
34 099
23 039
44 104
34 810

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
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.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13057
₽13886
₽14550
₽15390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
1 134
municipal
-
-
-
11 063
national
-
-
-
17 144
pensions
-
-
-
12 660
total
-
-
-
42 001
Employee
78 195
-
91 204
-
pensions
3 128
-
3 648
-
national
14 966
-
17 776
-
municipal
9 658
-
11 472
-
total
27 752
-
32 896
-
Employer
78 195
-
91 204
-
pensions
6 256
-
7 296
-
social contributions
841
-
980
-
total
7 097
-
8 276
-
Corporate
15 048
105 500
-
-
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%.

3 010
21 100
-
-
total
3 010
21 100
-
-
Dividends
12 039
84 400
-
-
withholding
2 649
18 568
-
-
total
2 649
18 568
-
-
Income
105 500
105 500
105 500
105 500
Total tax
40 508
39 668
41 172
42 001
After tax
64 992
65 832
64 328
63 499
Living cost
50 442
50 442
50 442
50 442
Free-cash
14 550
15 390
13 886
13 057

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35455
₽38599
₽55395
₽63598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
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.

-
-
-
33 917
income
-
-
-
15 326
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
49 243
Employee
29 217
-
85 019
-
income
5 201
-
16 265
-
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.

3 214
-
9 353
-
surtax
-
-
-
-
total
8 415
-
25 618
-
Employer
29 217
-
85 019
-
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.

7 038
-
20 481
-
surtax
-
-
-
-
total
7 038
-
20 481
-
Corporate
69 245
105 500
-
-
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%.

13 850
21 100
-
-
total
13 850
21 100
-
-
Dividends

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

55 395
84 400
-
-
total
-
-
-
-
Income
105 500
105 500
105 500
105 500
Total tax
29 303
21 100
46 099
49 243
After tax
76 197
84 400
59 401
56 257
Living cost
20 802
20 802
20 802
20 802
Free-cash
55 395
63 598
38 599
35 455

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17966
₽10806
₽3167
₽9292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
health
-
-
-
12 294
income
-
-
-
21 638
pensions
-
-
-
11 715
total
-
-
-
45 647
Employee
85 386
85 386
89 781
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
11 715
-
health
13 106
11 148
11 398
-
total
42 452
36 839
37 089
-
Employer
85 386
85 386
89 781
-
pensions
5 943
5 943
6 248
-
health
5 935
5 935
6 239
-
unemployment
3 074
3 074
3 231
-
total
14 952
14 952
15 718
-
Corporate
6 209
5 162
-
-
income
1 241
1 032
-
-
total
1 241
1 032
-
-
Dividends
4 968
4 129
-
-
withholding
746
619
-
-
income
1 055
879
-
-
total
1 801
1 498
-
-
Income
105 500
105 500
105 500
105 500
Total tax
60 446
54 321
52 807
45 647
After tax
45 054
51 179
52 693
59 853
Living cost
41 887
41 887
41 887
41 887
Free-cash
3 167
9 292
10 806
17 966

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18155
₽17747
₽18293
₽19155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
24 181
health
-
-
-
5 258
national
-
-
-
305
pensions
-
-
-
9 109
total
-
-
-
48 897
Employee
54 785
-
80 277
-
national
-
-
143
-
municipal
16 337
-
23 939
-
total
16 337
-
24 082
-
Employer
54 785
-
80 277
-
pensions
5 922
-
8 678
-
other
6 366
-
9 328
-
accident
110
-
161
-
health
3 369
-
4 937
-
unemployment
1 446
-
2 119
-
total
17 213
-
25 223
-
Corporate
33 502
105 500
-
-
income
7 370
23 210
-
-
total
7 370
23 210
-
-
Dividends
26 131
82 290
-
-
withholding
7 839
24 687
-
-
total
7 839
24 687
-
-
Income
105 500
105 500
105 500
105 500
Total tax
48 759
47 897
49 305
48 897
After tax
56 741
57 603
56 195
56 603
Living cost
38 448
38 448
38 448
38 448
Free-cash
18 293
19 155
17 747
18 155

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
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.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25403
₽35110
₽27552
₽13503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
trade
-
-
-
9 707
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.

-
-
-
6 831
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.

-
-
-
23 013
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.

-
-
-
1 266
total
-
-
-
40 817
Employee

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

50 706
-
105 500
-
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.

239
-
1 266
-
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.

4 357
-
23 013
-
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.

6 831
-
6 831
-
total
11 427
-
31 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 794
105 500
-
-
trade
9 013
17 354
-
-
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.

452
871
-
-
income
8 220
15 825
-
-
chamber of commerce
230
302
-
-
total
17 915
34 352
-
-
Dividends
36 880
71 148
-
-
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.

486
958
-
-
withholding
8 840
17 407
-
-
total
9 326
18 365
-
-
Income
105 500
105 500
105 500
105 500
Total tax
38 668
52 717
31 110
40 817
After tax
66 832
52 783
74 390
64 683
Living cost
39 280
39 280
39 280
39 280
Free-cash
27 552
13 503
35 110
25 403

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and 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

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
₽41853
₽41553
₽40616
₽44764
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
16 178
health
-
-
-
2 691
income
-
-
-
12 347
total
-
-
-
31 216
Employee
76 887
76 887
95 777
-
income
8 074
7 117
12 216
-
social contributions
3 736
6 381
7 950
-
health
765
1 307
1 628
-
total
12 575
14 805
21 794
-
Employer
76 887
76 887
95 777
-
health
833
1 423
1 772
-
social contributions
3 736
6 381
7 950
-
total
4 569
7 804
9 722
-
Corporate
55 925
20 809
-
-
income
6 990
2 601
-
-
total
6 990
2 601
-
-
Dividends
48 935
18 208
-
-
withholding
8 319
3 095
-
-
total
8 319
3 095
-
-
Income
105 500
105 500
105 500
105 500
Total tax
32 453
28 305
31 516
31 216
After tax
73 047
77 195
73 984
74 284
Living cost
32 431
32 431
32 431
32 431
Free-cash
40 616
44 764
41 553
41 853

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54849
₽42924
₽41558
₽41178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
unemployment
-
-
-
1 583
health
-
-
-
7 385
income
-
-
-
12 897
pensions
-
-
-
10 550
total
-
-
-
32 415
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.

26 323
10 476
88 285
-
income
3 218
1 281
10 793
-
pensions
2 632
1 048
8 828
-
unemployment
395
157
1 324
-
health
1 843
733
6 180
-
total
8 088
3 219
27 125
-
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.

26 323
10 476
88 285
-
pensions
5 133
2 043
17 215
-
total
5 133
2 043
17 215
-
Corporate
74 044
92 981
-
-
income
6 664
8 368
-
-
total
6 664
8 368
-
-
Dividends
67 380
84 613
-
-
social contributions
13 019
16 380
-
-
withholding
12 802
16 076
-
-
total
25 821
32 456
-
-
Income
105 500
105 500
105 500
105 500
Total tax
45 706
46 086
44 340
32 415
After tax
59 794
59 414
61 160
73 085
Living cost
18 236
18 236
18 236
18 236
Free-cash
41 558
41 178
42 924
54 849

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32398
₽36657
₽54038
₽60249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
health
-
-
-
13 715
income
-
-
-
14 136
pensions
-
-
-
21 100
total
-
-
-
48 951
Employee
28 365
-
78 850
-
income
3 193
-
15 203
-
pensions
567
-
1 577
-
unemployment
453
-
1 262
-
total
4 213
-
18 042
-
Employer
28 365
-
78 850
-
pensions
5 673
-
15 770
-
health
3 687
-
10 250
-
unemployment
228
-
630
-
total
9 588
-
26 650
-
Corporate
67 547
105 500
-
-
income
13 510
21 100
-
-
total
13 510
21 100
-
-
Dividends
54 037
84 400
-
-
total
-
-
-
-
Income
105 500
105 500
105 500
105 500
Total tax
27 311
21 100
44 692
48 951
After tax
78 189
84 400
60 808
56 549
Living cost
24 151
24 151
24 151
24 151
Free-cash
54 038
60 249
36 657
32 398

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50458
₽32934
₽5184
-₽13369
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
26 190
pensions
-
-
-
4 145
total
-
-
-
33 128
Employee
34 472
-
90 786
-
income
4 729
-
17 944
-
pensions
3 882
-
7 599
-
health
3 947
-
10 395
-
total
12 558
-
35 938
-
Employer
34 472
-
90 786
-
pensions
5 605
-
10 974
-
accident
575
-
1 516
-
unemployment
845
-
2 224
-
total
7 025
-
14 714
-
Corporate
64 003
105 500
-
-
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.

57 603
94 950
-
-
total
57 603
94 950
-
-
Dividends
6 400
10 550
-
-
withholding
1 216
2 005
-
-
total
1 216
2 005
-
-
Income
105 500
105 500
105 500
105 500
Total tax
78 402
96 955
50 652
33 128
After tax
27 098
8 545
54 848
72 372
Living cost
21 914
21 914
21 914
21 914
Free-cash
5 184
-13 369
32 934
50 458

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽95434
₽75389
₽89525
₽91214
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
105 500
microenterprise

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

-
-
-
1 055
total
-
-
-
1 055
Employee
11 263
-
105 500
-
income
2 252
-
21 100
-
total
2 252
-
21 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

94 237
105 500
-
-
total
-
-
-
-
Dividends
94 237
105 500
-
-
withholding
4 712
5 275
-
-
total
4 712
5 275
-
-
Income
105 500
105 500
105 500
105 500
Total tax
6 964
5 275
21 100
1 055
After tax
98 536
100 225
84 400
104 445
Living cost
9 011
9 011
9 011
9 011
Free-cash
89 525
91 214
75 389
95 434

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30485
₽34851
₽44116
₽50867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
5 011
health
-
-
-
4 641
income
-
-
-
13 400
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.

-
-
-
25 320
total
-
-
-
48 372
Employee
36 305
-
84 267
-
income
6 250
-
14 855
-
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.

2 541
-
5 897
-
unemployment
362
-
842
-
health
509
-
1 180
-
total
9 662
-
22 774
-
Employer
36 305
-
84 267
-
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.

6 172
-
14 324
-
other
1 816
-
4 212
-
accident
290
-
674
-
health
509
-
1 180
-
unemployment
362
-
842
-
total
9 149
-
21 232
-
Corporate
60 045
105 500
-
-
income
12 609
22 155
-
-
total
12 609
22 155
-
-
Dividends
47 437
83 345
-
-
withholding
3 321
5 835
-
-
total
3 321
5 835
-
-
Income
105 500
105 500
105 500
105 500
Total tax
34 741
27 990
44 006
48 372
After tax
70 759
77 510
61 494
57 128
Living cost
26 643
26 643
26 643
26 643
Free-cash
44 116
50 867
34 851
30 485

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8087
-₽1333
-₽2695
₽9531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
income
-
-
-
22 545
pensions
-
-
-
7 615
total
-
-
-
30 160
Employee
95 153
-
92 823
-
income
17 152
-
16 481
-
pensions
9 180
-
8 901
-
health
1 568
-
1 521
-
total
27 900
-
26 903
-
Employer
95 153
-
92 823
-
pensions
11 235
-
10 914
-
health
1 807
-
1 763
-
total
13 042
-
12 677
-
Corporate
-
105 500
-
-
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.

-
20 045
-
-
total
-
20 045
-
-
Dividends
-
85 455
-
-
withholding
-
8 671
-
-
total
-
8 671
-
-
Income
105 500
105 500
105 500
105 500
Total tax
40 942
28 716
39 580
30 160
After tax
64 558
76 784
65 920
75 340
Living cost
67 253
67 253
67 253
67 253
Free-cash
-2 695
9 531
-1 333
8 087

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67244
₽70621
₽72452
₽77096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
15 825
pensions

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

-
-
-
5 168
total
-
-
-
25 149
Employee
17 356
-
98 649
-
income
1 735
-
9 865
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
14 921
-
Employer
17 356
-
98 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
84 738
105 500
-
-
income
8 474
10 550
-
-
total
8 474
10 550
-
-
Dividends
76 264
94 950
-
-
withholding
3 813
4 747
-
-
total
3 813
4 747
-
-
Income
105 500
105 500
105 500
105 500
Total tax
19 941
15 297
21 772
25 149
After tax
85 559
90 203
83 728
80 351
Living cost
13 107
13 107
13 107
13 107
Free-cash
72 452
77 096
70 621
67 244

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4408
-₽2752
-₽3432
-₽4266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
health
-
-
-
12 294
income
-
-
-
21 638
pensions
-
-
-
11 715
total
-
-
-
45 647
Employee
92 702
85 386
89 781
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
11 715
-
health
11 565
11 148
11 398
-
total
37 256
36 839
37 089
-
Employer
92 702
85 386
89 781
-
pensions
6 451
5 943
6 248
-
health
6 442
5 935
6 239
-
unemployment
3 338
3 074
3 231
-
total
16 231
14 952
15 718
-
Corporate
-
5 162
-
-
income
-
1 032
-
-
total
-
1 032
-
-
Dividends
-
4 129
-
-
withholding
-
619
-
-
income
-
879
-
-
total
-
1 498
-
-
Income
105 500
105 500
105 500
105 500
Total tax
53 487
54 321
52 807
45 647
After tax
52 013
51 179
52 693
59 853
Living cost
55 445
55 445
55 445
55 445
Free-cash
-3 432
-4 266
-2 752
4 408

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27371
₽29524
₽40059
₽48625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
30 806
health
-
-
-
14 243
income
-
-
-
9 068
solidarity contribution
-
-
-
-
total
-
-
-
54 117
Employee
35 311
-
78 731
-
income
4 237
-
9 448
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
5 118
-
health
4 767
-
10 629
-
total
11 299
-
25 195
-
Employer
35 311
-
78 731
-
health
3 178
-
7 086
-
social contributions
8 828
-
19 683
-
total
12 006
-
26 769
-
Corporate
58 183
105 500
-
-
income
11 055
20 045
-
-
total
11 055
20 045
-
-
Dividends
47 128
85 455
-
-
withholding
7 069
12 818
-
-
total
7 069
12 818
-
-
Income
105 500
105 500
105 500
105 500
Total tax
41 429
32 863
51 964
54 117
After tax
64 071
72 637
53 536
51 383
Living cost
24 012
24 012
24 012
24 012
Free-cash
40 059
48 625
29 524
27 371

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11578
₽6556
₽8876
₽14097
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
27 134
municipal
-
-
-
626
national
-
-
-
22 796
regional
-
-
-
1 174
total
-
-
-
51 730
Employee
88 864
-
105 500
-
national
15 398
-
19 590
-
social contributions
29 965
-
35 574
-
municipal
471
-
560
-
regional
838
-
1 028
-
total
46 672
-
56 752
-
Employer
88 864
-
105 500
-
total
-
-
-
-
Corporate
16 636
105 500
-
-
nationa
3 992
25 320
-
-
municipal
649
4 114
-
-
total
4 641
29 434
-
-
Dividends
11 995
76 066
-
-
withholding
3 119
19 777
-
-
total
3 119
19 777
-
-
Income
105 500
105 500
105 500
105 500
Total tax
54 432
49 211
56 752
51 730
After tax
51 068
56 289
48 748
53 770
Living cost
42 192
42 192
42 192
42 192
Free-cash
8 876
14 097
6 556
11 578

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31578
₽29597
₽41183
₽44295
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 489
income
-
-
-
20 466
surtax
-
-
-
2 575
pensions
-
-
-
21 100
total
-
-
-
51 858
Employee
33 066
-
87 153
-
income
5 543
-
19 058
-
pensions
2 205
-
5 814
-
unemployment
2 302
-
6 066
-
health
844
-
2 224
-
other
-
-
-
-
surtax
108
-
2 330
-
total
11 002
-
35 492
-
Employer
33 066
-
87 153
-
pensions
4 408
-
11 618
-
other
-
-
-
-
health
1 505
-
3 966
-
unemployment
1 047
-
2 763
-
total
6 960
-
18 347
-
Corporate
65 474
105 500
-
-
income
17 024
27 430
-
-
total
17 024
27 430
-
-
Dividends
48 450
78 070
-
-
withholding
7 267
11 711
-
-
total
7 267
11 711
-
-
Income
105 500
105 500
105 500
105 500
Total tax
42 253
39 141
53 839
51 858
After tax
63 247
66 359
51 661
53 642
Living cost
22 064
22 064
22 064
22 064
Free-cash
41 183
44 295
29 597
31 578

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29394
₽19974
₽25187
₽30838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
income
-
-
-
22 545
pensions
-
-
-
7 615
total
-
-
-
30 160
Employee
63 769
-
92 823
-
income
11 485
-
16 481
-
pensions
5 413
-
8 901
-
health
926
-
1 521
-
total
17 824
-
26 903
-
Employer
63 769
-
92 823
-
pensions
6 903
-
10 914
-
health
1 211
-
1 763
-
total
8 114
-
12 677
-
Corporate
33 616
105 500
-
-
income

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

6 387
20 045
-
-
total
6 387
20 045
-
-
Dividends
27 229
85 455
-
-
withholding
2 042
8 671
-
-
total
2 042
8 671
-
-
Income
105 500
105 500
105 500
105 500
Total tax
34 367
28 716
39 580
30 160
After tax
71 133
76 784
65 920
75 340
Living cost
45 946
45 946
45 946
45 946
Free-cash
25 187
30 838
19 974
29 394

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽12178
₽6948
₽5001
-₽27340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other

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

-
-
-
2 110
health
-
-
-
247
city
-
-
-
1 112
national
-
-
-
769
regional
-
-
-
3 797
pensions
-
-
-
9 706
total
-
-
-
17 741
Employee
88 449
-
94 427
-
pensions
7 431
-
7 934
-
national
419
-
551
-
unemployment
-
-
-
-
city
949
-
1 015
-
health
200
-
212
-
regional
2 896
-
3 224
-
total
11 895
-
12 936
-
Employer
88 449
-
94 427
-
pensions
7 431
-
7 934
-
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.

1 768
-
1 889
-
health
200
-
212
-
unemployment
-
-
-
-
total
9 399
-
10 035
-
Corporate
6 679
105 500
-
-
regional
1 413
22 314
-
-
national
567
8 968
-
-
total
1 980
31 282
-
-
Dividends
4 699
74 218
-
-
withholding
1 644
25 977
-
-
total
1 644
25 977
-
-
Income
105 500
105 500
105 500
105 500
Total tax
24 918
57 259
22 971
17 741
After tax
80 582
48 241
82 529
87 759
Living cost
75 581
75 581
75 581
75 581
Free-cash
5 001
-27 340
6 948
12 178

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18464
₽28585
₽22651
₽6437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
trade
-
-
-
10 121
health

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

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

-
-
-
6 831
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.

-
-
-
23 013
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.

-
-
-
1 266
total
-
-
-
41 231
Employee

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

60 091
-
105 500
-
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.

389
-
1 266
-
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.

7 066
-
23 013
-
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.

6 831
-
6 831
-
total
14 286
-
31 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 409
105 500
-
-
trade
7 787
18 092
-
-
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.

374
871
-
-
income
6 812
15 825
-
-
chamber of commerce
216
300
-
-
total
15 189
35 088
-
-
Dividends
30 219
70 412
-
-
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
947
-
-
withholding
7 174
17 223
-
-
total
7 569
18 170
-
-
Income
105 500
105 500
105 500
105 500
Total tax
37 044
53 258
31 110
41 231
After tax
68 456
52 242
74 390
64 269
Living cost
45 805
45 805
45 805
45 805
Free-cash
22 651
6 437
28 585
18 464

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
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.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26381
₽31523
₽24867
₽18964
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
3 277
social contributions
-
-
-
3 006
health
-
-
-
2 258
income
-
-
-
10 825
surtax
-
-
-
-
pensions
-
-
-
25 544
total
-
-
-
44 910
Employee
42 794
-
85 398
-
income
2 526
-
12 986
-
pensions
4 839
-
4 250
-
social contributions
1 220
-
2 433
-
surtax
-
-
-
-
total
8 585
-
19 669
-
Employer
42 794
-
85 398
-
pensions
7 030
-
7 460
-
other
1 476
-
2 947
-
health
2 996
-
5 977
-
unemployment
1 732
-
3 459
-
social contributions
129
-
256
-
total
13 363
-
20 099
-
Corporate
49 342
105 500
-
-
surtax
-
-
-
-
income
13 816
29 540
-
-
total
13 816
29 540
-
-
Dividends
35 527
75 960
-
-
surtax
-
-
-
-
social contributions
6 112
13 064
-
-
withholding
4 548
9 723
-
-
total
10 660
22 787
-
-
Income
105 500
105 500
105 500
105 500
Total tax
46 424
52 327
39 768
44 910
After tax
59 076
53 173
65 732
60 590
Living cost
34 209
34 209
34 209
34 209
Free-cash
24 867
18 964
31 523
26 381

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29770
₽34912
₽27907
₽22353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
3 277
social contributions
-
-
-
3 006
health
-
-
-
2 258
income
-
-
-
10 825
surtax
-
-
-
-
pensions
-
-
-
25 544
total
-
-
-
44 910
Employee
38 199
-
85 398
-
income
1 970
-
12 986
-
pensions
4 321
-
4 250
-
social contributions
1 089
-
2 433
-
surtax
-
-
-
-
total
7 380
-
19 669
-
Employer
38 199
-
85 398
-
pensions
6 277
-
7 460
-
other
1 319
-
2 947
-
health
2 674
-
5 977
-
unemployment
1 546
-
3 459
-
social contributions
114
-
256
-
total
11 930
-
20 099
-
Corporate
55 371
105 500
-
-
surtax
-
-
-
-
income
15 504
29 540
-
-
total
15 504
29 540
-
-
Dividends
39 867
75 960
-
-
surtax
-
-
-
-
social contributions
6 857
13 064
-
-
withholding
5 102
9 723
-
-
total
11 959
22 787
-
-
Income
105 500
105 500
105 500
105 500
Total tax
46 773
52 327
39 768
44 910
After tax
58 727
53 173
65 732
60 590
Living cost
30 820
30 820
30 820
30 820
Free-cash
27 907
22 353
34 912
29 770

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
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.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46550
₽46449
₽43681
₽43162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
14 559
health
-
-
-
7 364
income
-
-
-
15 825
total
-
-
-
37 748
Employee
33 902
-
105 500
-
income
5 654
-
15 926
-
social contributions
4 679
-
14 559
-
health
2 366
-
7 364
-
total
12 699
-
37 849
-
Employer
33 902
-
105 500
-
total
-
-
-
-
Corporate
71 598
105 500
-
-
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%.

3 581
5 275
-
-
total
3 581
5 275
-
-
Dividends
68 017
100 225
-
-
social contributions
9 387
13 831
-
-
health
4 747
6 996
-
-
withholding
10 203
15 034
-
-
total
24 337
35 861
-
-
Income
105 500
105 500
105 500
105 500
Total tax
40 617
41 136
37 849
37 748
After tax
64 883
64 364
67 651
67 752
Living cost
21 202
21 202
21 202
21 202
Free-cash
43 681
43 162
46 449
46 550

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17737
-₽3934
₽22267
₽23817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
chamber of commerce
-
-
-
421
unemployment
-
-
-
6 133
health
-
-
-
8 070
income
-
-
-
18 193
surtax
-
-
-
197
pensions
-
-
-
19 517
total
-
-
-
52 531
Employee
49 970
39 847
81 770
-
income
5 689
2 939
16 168
-
pensions
5 117
4 080
8 374
-
unemployment
1 499
1 195
2 453
-
health
1 934
1 543
3 165
-
other
499
398
818
-
total
14 738
10 155
30 978
-
Employer
49 970
39 847
81 770
-
pensions
6 271
5 002
10 262
-
other
2 374
1 892
3 884
-
accident
649
518
1 063
-
health
1 888
1 507
3 091
-
payroll
1 499
1 195
2 453
-
chamber of commerce
199
159
326
-
unemployment
1 499
1 195
2 453
-
surtax
197
197
197
-
total
14 576
11 665
23 729
-
Corporate
40 954
53 987
77 975
-
income

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

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

10 239
13 497
19 495
-
total
10 239
13 497
19 495
-
Dividends
30 715
40 491
-
-
withholding
8 448
11 134
-
-
total
8 448
11 134
-
-
Income
105 500
105 500
105 500
105 500
Total tax
48 001
46 451
74 202
52 531
After tax
57 499
59 049
31 298
52 969
Living cost
35 232
35 232
35 232
35 232
Free-cash
22 267
23 817
-3 934
17 737

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12422
₽4338
₽7695
₽22694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
16 755
communal

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

-
-
-
5 324
national
-
-
-
34 542
total
-
-
-
56 621
Employee

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

71 523
-
81 713
-
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.

5 364
-
6 129
-
national
21 989
-
25 974
-
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.

622
-
712
-
communal

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

3 730
-
4 262
-
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.

3 360
-
3 840
-
total
35 065
-
40 917
-
Employer

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

71 523
-
81 713
-
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.

6 338
-
7 239
-
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.

930
-
1 063
-
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.

4 398
-
5 025
-
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.

1 044
-
1 194
-
surtax
8 110
-
9 267
-
total
20 820
-
23 788
-
Corporate
13 158
105 500
-
-
surtax
53
421
-
-
income
2 632
21 100
-
-
total
2 685
21 521
-
-
Dividends
10 473
83 979
-
-
withholding

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

2 778
24 828
-
-
total
2 778
24 828
-
-
Income
105 500
105 500
105 500
105 500
Total tax
61 348
46 349
64 705
56 621
After tax
44 152
59 151
40 795
48 879
Living cost
36 457
36 457
36 457
36 457
Free-cash
7 695
22 694
4 338
12 422

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20996
₽19245
₽26995
₽34960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 590
pensions
-
-
-
26 227
total
-
-
-
48 394
Employee
49 772
-
79 996
-
income
10 502
-
19 564
-
pensions
2 340
-
3 759
-
unemployment
772
-
1 239
-
other
49
-
80
-
total
13 663
-
24 642
-
Employer
49 772
-
79 996
-
pensions
11 745
-
18 880
-
other
397
-
639
-
accident
985
-
1 584
-
unemployment
2 738
-
4 400
-
total
15 865
-
25 503
-
Corporate
39 863
105 500
-
-
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.

5 979
15 825
-
-
total
5 979
15 825
-
-
Dividends
33 884
89 675
-
-
withholding
6 888
18 605
-
-
total
6 888
18 605
-
-
Income
105 500
105 500
105 500
105 500
Total tax
42 395
34 430
50 145
48 394
After tax
63 105
71 070
55 355
57 106
Living cost
36 110
36 110
36 110
36 110
Free-cash
26 995
34 960
19 245
20 996

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5307
₽9872
₽2968
₽10044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
accident
-
-
-
890
health
-
-
-
7 412
income
-
-
-
9 842
communal
-
-
-
6 668
surtax
-
-
-
5 229
pensions
-
-
-
15 814
total
-
-
-
45 855
Employee
75 721
-
94 238
-
income
7 314
-
12 520
-
pensions
6 057
-
7 539
-
health
3 370
-
4 193
-
surtax
4 641
-
5 776
-
total
21 382
-
30 028
-
Employer
75 721
-
94 238
-
pensions
6 057
-
7 539
-
accident
681
-
848
-
health
2 309
-
2 875
-
total
9 047
-
11 262
-
Corporate
20 732
105 500
-
-
communal
-
7 121
-
-
surtax
218
1 108
-
-
income
3 110
15 825
-
-
total
3 328
24 054
-
-
Dividends
17 404
81 446
-
-
withholding
2 611
12 216
-
-
income
11 826
4 848
-
-
total
14 437
17 064
-
-
Income
105 500
105 500
105 500
105 500
Total tax
48 194
41 118
41 290
45 855
After tax
57 306
64 382
64 210
59 645
Living cost
54 338
54 338
54 338
54 338
Free-cash
2 968
10 044
9 872
5 307

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
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.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31183
₽29202
₽40720
₽43900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 489
income
-
-
-
20 466
surtax
-
-
-
2 575
pensions
-
-
-
21 100
total
-
-
-
51 858
Employee
33 673
-
87 153
-
income
5 645
-
19 058
-
pensions
2 247
-
5 814
-
unemployment
2 343
-
6 066
-
health
860
-
2 224
-
other
-
-
-
-
surtax
120
-
2 330
-
total
11 215
-
35 492
-
Employer
33 673
-
87 153
-
pensions
4 489
-
11 618
-
other
-
-
-
-
health
1 531
-
3 966
-
unemployment
1 068
-
2 763
-
total
7 088
-
18 347
-
Corporate
64 738
105 500
-
-
income
16 832
27 430
-
-
total
16 832
27 430
-
-
Dividends
47 906
78 070
-
-
withholding
7 186
11 711
-
-
total
7 186
11 711
-
-
Income
105 500
105 500
105 500
105 500
Total tax
42 321
39 141
53 839
51 858
After tax
63 179
66 359
51 661
53 642
Living cost
22 459
22 459
22 459
22 459
Free-cash
40 720
43 900
29 202
31 183

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26418
₽21421
₽26296
₽28519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
27 134
municipal
-
-
-
626
national
-
-
-
22 796
regional
-
-
-
1 591
total
-
-
-
52 147
Employee
55 465
-
105 500
-
national
8 787
-
19 590
-
social contributions
18 703
-
35 574
-
municipal
294
-
560
-
regional
747
-
1 420
-
total
28 531
-
57 144
-
Employer
55 465
-
105 500
-
total
-
-
-
-
Corporate
50 035
105 500
-
-
nationa
12 009
25 320
-
-
municipal
2 488
5 243
-
-
total
14 497
30 563
-
-
Dividends
35 538
74 937
-
-
withholding
9 241
19 483
-
-
total
9 241
19 483
-
-
Income
105 500
105 500
105 500
105 500
Total tax
52 269
50 046
57 144
52 147
After tax
53 231
55 454
48 356
53 353
Living cost
26 935
26 935
26 935
26 935
Free-cash
26 296
28 519
21 421
26 418

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21794
₽23947
₽32492
₽43048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
30 806
health
-
-
-
14 243
income
-
-
-
9 068
solidarity contribution
-
-
-
-
total
-
-
-
54 117
Employee
43 513
-
78 731
-
income
5 222
-
9 448
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
5 118
-
health
5 874
-
10 629
-
total
13 924
-
25 195
-
Employer
43 513
-
78 731
-
health
3 916
-
7 086
-
social contributions
10 878
-
19 683
-
total
14 794
-
26 769
-
Corporate
47 193
105 500
-
-
income
8 967
20 045
-
-
total
8 967
20 045
-
-
Dividends
38 226
85 455
-
-
withholding
5 734
12 818
-
-
total
5 734
12 818
-
-
Income
105 500
105 500
105 500
105 500
Total tax
43 419
32 863
51 964
54 117
After tax
62 081
72 637
53 536
51 383
Living cost
29 589
29 589
29 589
29 589
Free-cash
32 492
43 048
23 947
21 794

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21266
-₽569
₽26760
₽27255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
chamber of commerce
-
-
-
421
unemployment
-
-
-
6 133
health
-
-
-
8 070
income
-
-
-
18 193
surtax
-
-
-
-
pensions
-
-
-
19 517
total
-
-
-
52 334
Employee
43 708
39 847
81 924
-
income
3 894
2 939
16 223
-
pensions
4 476
4 080
8 389
-
unemployment
1 311
1 195
2 457
-
health
1 691
1 543
3 171
-
other
436
398
820
-
total
11 808
10 155
31 060
-
Employer
43 708
39 847
81 924
-
pensions
5 486
5 002
10 281
-
other
2 076
1 892
3 892
-
accident
567
518
1 064
-
health
1 653
1 507
3 097
-
payroll
1 311
1 195
2 457
-
chamber of commerce
175
159
328
-
unemployment
1 311
1 195
2 457
-
surtax
-
-
-
-
total
12 579
11 468
23 576
-
Corporate
49 214
54 185
78 129
-
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.

12 303
13 546
19 533
-
total
12 303
13 546
19 533
-
Dividends
36 910
40 639
-
-
withholding
10 150
11 176
-
-
total
10 150
11 176
-
-
Income
105 500
105 500
105 500
105 500
Total tax
46 840
46 345
74 169
52 334
After tax
58 660
59 155
31 331
53 166
Living cost
31 900
31 900
31 900
31 900
Free-cash
26 760
27 255
-569
21 266

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
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.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90404
₽70359
₽83551
₽86184
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
105 500
microenterprise

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

-
-
-
1 055
total
-
-
-
1 055
Employee
17 552
-
105 500
-
income
3 511
-
21 100
-
total
3 511
-
21 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

87 948
105 500
-
-
total
-
-
-
-
Dividends
87 948
105 500
-
-
withholding
4 397
5 275
-
-
total
4 397
5 275
-
-
Income
105 500
105 500
105 500
105 500
Total tax
7 908
5 275
21 100
1 055
After tax
97 592
100 225
84 400
104 445
Living cost
14 041
14 041
14 041
14 041
Free-cash
83 551
86 184
70 359
90 404

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27524
₽24500
₽37453
₽45819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
unemployment
-
-
-
157
health
-
-
-
10 381
income
-
-
-
21 352
pensions
-
-
-
19 267
total
-
-
-
51 157
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.

44 215
-
91 286
-
income
7 625
-
19 794
-
pensions
6 854
-
14 149
-
unemployment
63
-
127
-
health
2 856
-
5 897
-
total
17 398
-
39 967
-
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.

44 215
-
91 286
-
pensions
3 913
-
8 079
-
health
2 945
-
6 080
-
unemployment
27
-
55
-
total
6 885
-
14 214
-
Corporate
54 401
105 500
-
-
income
10 336
20 045
-
-
total
10 336
20 045
-
-
Dividends
44 065
85 455
-
-
withholding
6 609
12 817
-
-
total
6 609
12 817
-
-
Income
105 500
105 500
105 500
105 500
Total tax
41 228
32 862
54 181
51 157
After tax
64 272
72 638
51 319
54 343
Living cost
26 819
26 819
26 819
26 819
Free-cash
37 453
45 819
24 500
27 524

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29869
₽49338
-₽43230
₽21146
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
12 027
income
-
-
-
20 564
total
-
-
-
32 591
Employee
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
Corporate
-
105 500
-
-
income
-
23 210
-
-
total
-
23 210
-
-
Dividends
-
82 290
-
-
income
-
18 104
-
-
total
-
18 104
-
-
Income
105 500
105 500
105 500
105 500
Total tax
105 690
41 314
13 122
32 591
After tax
-190
64 186
92 378
72 909
Living cost
43 040
43 040
43 040
43 040
Free-cash
-43 230
21 146
49 338
29 869

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27374
₽21671
₽27639
₽28645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
social contributions

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

-
-
-
36 661
income
-
-
-
10 102
surtax
-
-
-
-
total
-
-
-
46 763
Employee
45 987
-
85 252
-
income
9 565
-
22 841
-
social contributions
5 059
-
9 377
-
surtax
-
-
-
-
total
14 624
-
32 218
-
Employer
45 987
-
85 252
-
social contributions
10 922
-
20 248
-
total
10 922
-
20 248
-
Corporate
48 591
105 500
-
-
surtax
-
-
-
-
income
10 205
22 155
-
-
total
10 205
22 155
-
-
Dividends
38 386
83 345
-
-
withholding
10 747
23 337
-
-
total
10 747
23 337
-
-
Income
105 500
105 500
105 500
105 500
Total tax
46 498
45 492
52 466
46 763
After tax
59 002
60 008
53 034
58 737
Living cost
31 363
31 363
31 363
31 363
Free-cash
27 639
28 645
21 671
27 374

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12297
₽17439
₽11752
₽4880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
3 277
social contributions
-
-
-
3 006
health
-
-
-
2 258
income
-
-
-
10 825
surtax
-
-
-
-
pensions
-
-
-
25 544
total
-
-
-
44 910
Employee
62 625
-
85 398
-
income
5 464
-
12 986
-
pensions
7 083
-
4 250
-
social contributions
1 784
-
2 433
-
surtax
-
-
-
-
total
14 331
-
19 669
-
Employer
62 625
-
85 398
-
pensions
10 290
-
7 460
-
other
2 161
-
2 947
-
health
4 383
-
5 977
-
unemployment
2 537
-
3 459
-
social contributions
188
-
256
-
total
19 559
-
20 099
-
Corporate
23 316
105 500
-
-
surtax
-
-
-
-
income
6 529
29 540
-
-
total
6 529
29 540
-
-
Dividends
16 787
75 960
-
-
surtax
-
-
-
-
social contributions
2 888
13 064
-
-
withholding
2 148
9 723
-
-
total
5 036
22 787
-
-
Income
105 500
105 500
105 500
105 500
Total tax
45 455
52 327
39 768
44 910
After tax
60 045
53 173
65 732
60 590
Living cost
48 293
48 293
48 293
48 293
Free-cash
11 752
4 880
17 439
12 297

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50077
₽52879
₽61535
₽64894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
23 210
income
-
-
-
2 157
total
-
-
-
25 367
Employee
32 145
-
91 341
-
social contributions
2 089
-
5 937
-
income
-
-
2 469
-
total
2 089
-
8 406
-
Employer
32 145
-
91 341
-
social contributions
4 983
-
14 159
-
total
4 983
-
14 159
-
Corporate
68 372
105 500
-
-
income
6 837
10 550
-
-
total
6 837
10 550
-
-
Dividends
61 535
94 950
-
-
total
-
-
-
-
Income
105 500
105 500
105 500
105 500
Total tax
13 909
10 550
22 565
25 367
After tax
91 591
94 950
82 935
80 133
Living cost
30 056
30 056
30 056
30 056
Free-cash
61 535
64 894
52 879
50 077

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
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.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16942
-₽112424
-₽112424
-₽112424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
municipal
-
-
-
19 877
national
-
-
-
11 273
labour market
-
-
-
8 371
pensions
-
-
-
867
total
-
-
-
40 388
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
105 500
105 500
105 500
105 500
Total tax
169 754
169 754
169 754
40 388
After tax
-64 254
-64 254
-64 254
65 112
Living cost
48 170
48 170
48 170
48 170
Free-cash
-112 424
-112 424
-112 424
16 942

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50781
₽33257
₽5234
-₽13046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
26 190
pensions
-
-
-
4 145
total
-
-
-
33 128
Employee
33 964
-
90 786
-
income
4 659
-
17 944
-
pensions
3 825
-
7 599
-
health
3 889
-
10 395
-
total
12 373
-
35 938
-
Employer
33 964
-
90 786
-
pensions
5 522
-
10 974
-
accident
567
-
1 516
-
unemployment
832
-
2 224
-
total
6 921
-
14 714
-
Corporate
64 615
105 500
-
-
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.

58 153
94 950
-
-
total
58 153
94 950
-
-
Dividends
6 462
10 550
-
-
withholding
1 228
2 005
-
-
total
1 228
2 005
-
-
Income
105 500
105 500
105 500
105 500
Total tax
78 675
96 955
50 652
33 128
After tax
26 825
8 545
54 848
72 372
Living cost
21 591
21 591
21 591
21 591
Free-cash
5 234
-13 046
33 257
50 781

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35910
₽21362
₽29734
₽31337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
105 500
municipal
-
-
-
18 774
health
-
-
-
1 207
national
-
-
-
11 221
total
-
-
-
31 202
Employee
52 606
-
88 753
-
pensions
3 550
-
5 990
-
national
869
-
6 245
-
municipal
8 616
-
14 487
-
unemployment
789
-
1 332
-
health
393
-
949
-
total
14 217
-
29 003
-
Employer
52 606
-
88 753
-
pensions
9 127
-
15 398
-
accident
53
-
89
-
health
404
-
683
-
unemployment
342
-
577
-
total
9 926
-
16 747
-
Corporate
42 968
105 500
-
-
income
8 594
21 100
-
-
total
8 594
21 100
-
-
Dividends

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

25 781
63 300
-
-
municipal
4 641
11 394
-
-
national
-
3 281
-
-
total
4 641
14 675
-
-
Income
105 500
105 500
105 500
105 500
Total tax
37 378
35 775
45 750
31 202
After tax
68 122
69 725
59 750
74 298
Living cost
38 388
38 388
38 388
38 388
Free-cash
29 734
31 337
21 362
35 910

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
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.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51134
₽50834
₽48601
₽54045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
16 178
health
-
-
-
2 691
income
-
-
-
12 347
total
-
-
-
31 216
Employee
76 887
76 887
95 777
-
income
8 372
7 117
12 216
-
social contributions
2 907
6 381
7 950
-
health
596
1 307
1 628
-
total
11 875
14 805
21 794
-
Employer
76 887
76 887
95 777
-
health
647
1 423
1 772
-
social contributions
2 907
6 381
7 950
-
total
3 554
7 804
9 722
-
Corporate
66 921
20 809
-
-
income
8 366
2 601
-
-
total
8 366
2 601
-
-
Dividends
58 556
18 208
-
-
withholding
9 954
3 095
-
-
total
9 954
3 095
-
-
Income
105 500
105 500
105 500
105 500
Total tax
33 749
28 305
31 516
31 216
After tax
71 751
77 195
73 984
74 284
Living cost
23 150
23 150
23 150
23 150
Free-cash
48 601
54 045
50 834
51 134

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69467
₽49412
₽66403
₽71489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
105 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
10 152
pensions
-
-
-
6 360
total
-
-
-
20 158
Employee

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

22 951
-
95 728
-
income
1 569
-
7 672
-
pensions
3 442
-
14 231
-
unemployment
114
-
474
-
health
1 951
-
8 064
-
total
7 076
-
30 441
-
Employer

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

22 951
-
95 728
-
pensions
1 262
-
5 218
-
health
987
-
4 080
-
unemployment
114
-
474
-
total
2 363
-
9 772
-
Corporate
80 187
105 500
-
-
income
7 216
9 495
-
-
total
7 216
9 495
-
-
Dividends
72 971
96 005
-
-
withholding
6 567
8 641
-
-
total
6 567
8 641
-
-
Income
105 500
105 500
105 500
105 500
Total tax
23 222
18 136
40 213
20 158
After tax
82 278
87 364
65 287
85 342
Living cost
15 875
15 875
15 875
15 875
Free-cash
66 403
71 489
49 412
69 467

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29610
₽27859
₽38329
₽43574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 590
pensions
-
-
-
26 227
total
-
-
-
48 394
Employee
36 972
-
79 996
-
income
7 128
-
19 564
-
pensions
1 738
-
3 759
-
unemployment
573
-
1 239
-
other
36
-
80
-
total
9 475
-
24 642
-
Employer
36 972
-
79 996
-
pensions
8 725
-
18 880
-
other
296
-
639
-
accident
732
-
1 584
-
unemployment
2 034
-
4 400
-
total
11 787
-
25 503
-
Corporate
56 741
105 500
-
-
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.

8 512
15 825
-
-
total
8 512
15 825
-
-
Dividends
48 229
89 675
-
-
withholding
9 901
18 605
-
-
total
9 901
18 605
-
-
Income
105 500
105 500
105 500
105 500
Total tax
39 675
34 430
50 145
48 394
After tax
65 825
71 070
55 355
57 106
Living cost
27 496
27 496
27 496
27 496
Free-cash
38 329
43 574
27 859
29 610

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64229
₽64033
₽62644
₽63094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
health
-
-
-
1 448
income
-
-
-
35 088
pensions
-
-
-
1 997
total
-
-
-
38 533
Employee
4 171
-
103 253
-
income
807
-
34 983
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
36 481
-
Employer
4 171
-
103 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
100 391
105 500
-
-
income
22 086
23 210
-
-
total
22 086
23 210
-
-
Dividends
78 305
82 290
-
-
withholding
15 661
16 458
-
-
total
15 661
16 458
-
-
Income
105 500
105 500
105 500
105 500
Total tax
40 118
39 668
38 729
38 533
After tax
65 382
65 832
66 771
66 967
Living cost
2 738
2 738
2 738
2 738
Free-cash
62 644
63 094
64 033
64 229

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39186
₽39186
₽54011
₽58931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
21 087
pensions
-
-
-
19 214
total
-
-
-
49 021
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.

26 076
-
92 272
-
income
3 594
-
21 087
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
35 793
-
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.

26 076
-
92 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
74 756
105 500
-
-
income
11 213
15 825
-
-
total
11 213
15 825
-
-
Dividends
63 543
89 675
-
-
withholding
9 531
13 451
-
-
total
9 531
13 451
-
-
Income
105 500
105 500
105 500
105 500
Total tax
34 196
29 276
49 021
49 021
After tax
71 304
76 224
56 479
56 479
Living cost
17 293
17 293
17 293
17 293
Free-cash
54 011
58 931
39 186
39 186

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31781
₽26078
₽32693
₽33052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
social contributions

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

-
-
-
36 661
income
-
-
-
10 102
surtax
-
-
-
-
total
-
-
-
46 763
Employee
38 808
-
85 252
-
income
7 583
-
22 841
-
social contributions
4 269
-
9 377
-
surtax
-
-
-
-
total
11 852
-
32 218
-
Employer
38 808
-
85 252
-
social contributions
9 216
-
20 248
-
total
9 216
-
20 248
-
Corporate
57 476
105 500
-
-
surtax
-
-
-
-
income
12 070
22 155
-
-
total
12 070
22 155
-
-
Dividends
45 406
83 345
-
-
withholding
12 713
23 337
-
-
total
12 713
23 337
-
-
Income
105 500
105 500
105 500
105 500
Total tax
45 851
45 492
52 466
46 763
After tax
59 649
60 008
53 034
58 737
Living cost
26 956
26 956
26 956
26 956
Free-cash
32 693
33 052
26 078
31 781

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21966
₽20215
₽28307
₽35930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
20 590
pensions
-
-
-
26 227
total
-
-
-
48 394
Employee
48 290
-
79 996
-
income
10 086
-
19 564
-
pensions
2 269
-
3 759
-
unemployment
748
-
1 239
-
other
47
-
80
-
total
13 150
-
24 642
-
Employer
48 290
-
79 996
-
pensions
11 396
-
18 880
-
other
387
-
639
-
accident
956
-
1 584
-
unemployment
2 656
-
4 400
-
total
15 395
-
25 503
-
Corporate
41 814
105 500
-
-
income

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

6 271
15 825
-
-
total
6 271
15 825
-
-
Dividends
35 543
89 675
-
-
withholding
7 237
18 605
-
-
total
7 237
18 605
-
-
Income
105 500
105 500
105 500
105 500
Total tax
42 053
34 430
50 145
48 394
After tax
63 447
71 070
55 355
57 106
Living cost
35 140
35 140
35 140
35 140
Free-cash
28 307
35 930
20 215
21 966

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63154
₽66531
₽66913
₽73006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
15 825
pensions

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

-
-
-
5 168
total
-
-
-
25 149
Employee
22 772
-
98 649
-
income
2 278
-
9 865
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
14 921
-
Employer
22 772
-
98 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
78 260
105 500
-
-
income
7 826
10 550
-
-
total
7 826
10 550
-
-
Dividends
70 434
94 950
-
-
withholding
3 522
4 747
-
-
total
3 522
4 747
-
-
Income
105 500
105 500
105 500
105 500
Total tax
21 390
15 297
21 772
25 149
After tax
84 110
90 203
83 728
80 351
Living cost
17 197
17 197
17 197
17 197
Free-cash
66 913
73 006
66 531
63 154

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
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.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27319
₽35787
₽28891
₽15805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
trade
-
-
-
8 468
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.

-
-
-
6 831
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.

-
-
-
23 013
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.

-
-
-
1 266
total
-
-
-
39 578
Employee

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

49 751
-
105 500
-
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.

226
-
1 266
-
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.

4 091
-
23 013
-
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.

6 831
-
6 831
-
total
11 148
-
31 110
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 749
105 500
-
-
trade
8 000
15 140
-
-
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.

459
871
-
-
income
8 362
15 825
-
-
chamber of commerce
233
307
-
-
total
17 054
32 143
-
-
Dividends
38 695
73 357
-
-
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.

510
989
-
-
withholding
9 294
17 960
-
-
total
9 804
18 949
-
-
Income
105 500
105 500
105 500
105 500
Total tax
38 006
51 092
31 110
39 578
After tax
67 494
54 408
74 390
65 922
Living cost
38 603
38 603
38 603
38 603
Free-cash
28 891
15 805
35 787
27 319

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13370
₽13370
₽19099
₽16893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
9 499
income
-
-
-
25 673
total
-
-
-
35 172
Employee
78 213
-
105 500
-
social contributions
6 498
-
9 499
-
income
14 759
-
25 673
-
total
21 257
-
35 172
-
Employer
78 213
-
105 500
-
total
-
-
-
-
Corporate
27 287
105 500
-
-
income
3 412
13 187
-
-
total
3 412
13 187
-
-
Dividends
23 875
92 313
-
-
withholding
4 774
18 462
-
-
total
4 774
18 462
-
-
Income
105 500
105 500
105 500
105 500
Total tax
29 443
31 649
35 172
35 172
After tax
76 057
73 851
70 328
70 328
Living cost
56 958
56 958
56 958
56 958
Free-cash
19 099
16 893
13 370
13 370

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34067
₽41272
₽30489
₽26996
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
health

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

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
100 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
18 734
-
total
9 573
-
23 333
-
Employer
45 869
-
100 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
55 035
105 500
-
-
income
19 263
36 925
-
-
total
19 263
36 925
-
-
Dividends
35 772
68 575
-
-
social contributions
5 283
5 283
-
-
total
5 283
5 283
-
-
Income
105 500
105 500
105 500
105 500
Total tax
38 715
42 208
27 932
35 137
After tax
66 785
63 292
77 568
70 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
30 489
26 996
41 272
34 067

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
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.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37988
₽28568
₽36021
₽39432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
income
-
-
-
22 545
pensions
-
-
-
7 615
total
-
-
-
30 160
Employee
51 271
-
92 823
-
income
9 337
-
16 481
-
pensions
3 913
-
8 901
-
health
669
-
1 521
-
total
13 919
-
26 903
-
Employer
51 271
-
92 823
-
pensions
5 180
-
10 914
-
health
974
-
1 763
-
total
6 154
-
12 677
-
Corporate
48 074
105 500
-
-
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.

9 133
20 045
-
-
total
9 133
20 045
-
-
Dividends
38 941
85 455
-
-
withholding
2 921
8 671
-
-
total
2 921
8 671
-
-
Income
105 500
105 500
105 500
105 500
Total tax
32 127
28 716
39 580
30 160
After tax
73 373
76 784
65 920
75 340
Living cost
37 352
37 352
37 352
37 352
Free-cash
36 021
39 432
28 568
37 988

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48644
₽31120
₽4906
-₽15183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
26 190
pensions
-
-
-
4 145
total
-
-
-
33 128
Employee
37 325
-
90 786
-
income
5 121
-
17 944
-
pensions
4 203
-
7 599
-
health
4 274
-
10 395
-
total
13 598
-
35 938
-
Employer
37 325
-
90 786
-
pensions
6 069
-
10 974
-
accident
623
-
1 516
-
unemployment
914
-
2 224
-
total
7 606
-
14 714
-
Corporate
60 568
105 500
-
-
income

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

54 511
94 950
-
-
total
54 511
94 950
-
-
Dividends
6 057
10 550
-
-
withholding
1 151
2 005
-
-
total
1 151
2 005
-
-
Income
105 500
105 500
105 500
105 500
Total tax
76 866
96 955
50 652
33 128
After tax
28 634
8 545
54 848
72 372
Living cost
23 728
23 728
23 728
23 728
Free-cash
4 906
-15 183
31 120
48 644

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46659
₽53693
₽71314
₽75277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
105 500
work injury
-
-
-
528
unemployment
-
-
-
1 266
income
-
-
-
16 327
health insurance
-
-
-
7 807
pensions
-
-
-
19 412
total
-
-
-
45 340
Employee

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

21 601
-
105 500
-
income
2 160
-
16 327
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
38 306
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
83 899
105 500
-
-
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%.

-
1 055
-
-
total
-
1 055
-
-
Dividends
83 899
104 445
-
-
withholding
12 585
15 667
-
-
total
12 585
15 667
-
-
Income
105 500
105 500
105 500
105 500
Total tax
20 685
16 722
38 306
45 340
After tax
84 815
88 778
67 194
60 160
Living cost
13 501
13 501
13 501
13 501
Free-cash
71 314
75 277
53 693
46 659

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽12873
₽8047
₽11186
₽15737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
105 500
social contributions
-
-
-
27 134
municipal
-
-
-
706
national
-
-
-
22 796
regional
-
-
-
2 158
total
-
-
-
52 794
Employee
84 257
-
105 500
-
national
14 239
-
19 590
-
social contributions
28 411
-
35 574
-
municipal
503
-
630
-
regional
1 272
-
1 826
-
total
44 425
-
57 620
-
Employer
84 257
-
105 500
-
total
-
-
-
-
Corporate
21 243
105 500
-
-
nationa
5 099
25 320
-
-
municipal
1 025
5 085
-
-
total
6 124
30 405
-
-
Dividends
15 120
75 095
-
-
withholding
3 932
19 525
-
-
total
3 932
19 525
-
-
Income
105 500
105 500
105 500
105 500
Total tax
54 481
49 930
57 620
52 794
After tax
51 019
55 570
47 880
52 706
Living cost
39 833
39 833
39 833
39 833
Free-cash
11 186
15 737
8 047
12 873

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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