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
₽ 106500
per

Your estimated
City
free-cash

Dresden , Germany
₽35100
₽44451
₽34341
₽23127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
trade
-
-
-
9 351
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.

-
-
-
6 925
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.

-
-
-
23 146
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.

-
-
-
1 273
total
-
-
-
40 695
Employee

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

38 773
-
106 500
-
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.

60
-
1 273
-
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.

1 083
-
23 146
-
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.

6 925
-
6 925
-
total
8 068
-
31 344
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 727
106 500
-
-
trade
10 667
16 773
-
-
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.

558
879
-
-
income
10 159
15 975
-
-
chamber of commerce
252
308
-
-
total
21 636
33 935
-
-
Dividends
46 091
72 566
-
-
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.

612
977
-
-
withholding
11 138
17 756
-
-
total
11 750
18 733
-
-
Income
106 500
106 500
106 500
106 500
Total tax
41 454
52 668
31 344
40 695
After tax
65 046
53 832
75 156
65 805
Living cost
30 705
30 705
30 705
30 705
Free-cash
34 341
23 127
44 451
35 100

Estimated living cost  is ₽30705 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3580
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12974
₽13810
₽14467
₽15316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
1 145
municipal
-
-
-
11 163
national
-
-
-
17 298
pensions
-
-
-
12 780
total
-
-
-
42 386
Employee
79 276
-
92 068
-
pensions
3 171
-
3 683
-
national
15 173
-
17 937
-
municipal
9 792
-
11 575
-
total
28 136
-
33 195
-
Employer
79 276
-
92 068
-
pensions
6 342
-
7 365
-
social contributions
852
-
990
-
total
7 194
-
8 355
-
Corporate
14 797
106 500
-
-
income

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

2 959
21 300
-
-
total
2 959
21 300
-
-
Dividends
11 838
85 200
-
-
withholding
2 604
18 744
-
-
total
2 604
18 744
-
-
Income
106 500
106 500
106 500
106 500
Total tax
40 893
40 044
41 550
42 386
After tax
65 607
66 456
64 950
64 114
Living cost
51 140
51 140
51 140
51 140
Free-cash
14 467
15 316
13 810
12 974

Estimated living cost  is ₽51140 per week

₽34759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10861
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35706
₽38881
₽55794
₽64111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
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.

-
-
-
34 240
income
-
-
-
15 464
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
49 704
Employee
29 621
-
85 824
-
income
5 273
-
16 415
-
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.

3 259
-
9 440
-
surtax
-
-
-
-
total
8 532
-
25 855
-
Employer
29 621
-
85 824
-
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.

7 135
-
20 674
-
surtax
-
-
-
-
total
7 135
-
20 674
-
Corporate
69 744
106 500
-
-
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%.

13 949
21 299
-
-
total
13 949
21 299
-
-
Dividends

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

55 795
85 201
-
-
total
-
-
-
-
Income
106 500
106 500
106 500
106 500
Total tax
29 616
21 299
46 529
49 704
After tax
76 884
85 201
59 971
56 796
Living cost
21 090
21 090
21 090
21 090
Free-cash
55 794
64 111
38 881
35 706

Estimated living cost  is ₽21090 per week

₽13454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2008
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17955
₽10585
₽2976
₽9188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
health
-
-
-
12 439
income
-
-
-
21 763
pensions
-
-
-
11 877
total
-
-
-
46 079
Employee
86 567
86 567
90 631
-
income

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

14 170
14 170
14 170
-
pensions
15 582
11 877
11 877
-
health
13 287
11 302
11 533
-
total
43 039
37 349
37 580
-
Employer
86 567
86 567
90 631
-
pensions
6 025
6 025
6 308
-
health
6 017
6 017
6 298
-
unemployment
3 116
3 116
3 263
-
total
15 158
15 158
15 869
-
Corporate
5 836
4 774
-
-
income
1 168
954
-
-
total
1 168
954
-
-
Dividends
4 668
3 820
-
-
withholding
700
573
-
-
income
993
812
-
-
total
1 693
1 385
-
-
Income
106 500
106 500
106 500
106 500
Total tax
61 058
54 846
53 449
46 079
After tax
45 442
51 654
53 051
60 421
Living cost
42 466
42 466
42 466
42 466
Free-cash
2 976
9 188
10 585
17 955

Estimated living cost  is ₽42466 per week

₽30095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽675
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7868
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18268
₽17877
₽18401
₽19272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
9 901
unemployment
-
-
-
85
accident
-
-
-
170
municipal
-
-
-
24 398
health
-
-
-
5 317
national
-
-
-
273
pensions
-
-
-
9 211
total
-
-
-
49 355
Employee
55 397
-
81 038
-
national
-
-
118
-
municipal
16 519
-
24 166
-
total
16 519
-
24 284
-
Employer
55 397
-
81 038
-
pensions
5 988
-
8 760
-
other
6 437
-
9 417
-
accident
111
-
162
-
health
3 407
-
4 984
-
unemployment
1 462
-
2 139
-
total
17 405
-
25 462
-
Corporate
33 698
106 500
-
-
income
7 413
23 430
-
-
total
7 413
23 430
-
-
Dividends
26 284
83 070
-
-
withholding
7 885
24 921
-
-
total
7 885
24 921
-
-
Income
106 500
106 500
106 500
106 500
Total tax
49 222
48 351
49 746
49 355
After tax
57 278
58 149
56 754
57 145
Living cost
38 877
38 877
38 877
38 877
Free-cash
18 401
19 272
17 877
18 268

Estimated living cost  is ₽38877 per week

₽25766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25566
₽35333
₽27706
₽13463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
trade
-
-
-
9 767
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.

-
-
-
6 925
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.

-
-
-
23 146
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.

-
-
-
1 273
total
-
-
-
41 111
Employee

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

51 408
-
106 500
-
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.

242
-
1 273
-
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.

4 417
-
23 146
-
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.

6 925
-
6 925
-
total
11 584
-
31 344
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 092
106 500
-
-
trade
9 063
17 519
-
-
surtax

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

454
879
-
-
income
8 264
15 975
-
-
chamber of commerce
233
306
-
-
total
18 014
34 679
-
-
Dividends
37 079
71 821
-
-
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.

489
966
-
-
withholding
8 884
17 569
-
-
total
9 373
18 535
-
-
Income
106 500
106 500
106 500
106 500
Total tax
38 971
53 214
31 344
41 111
After tax
67 529
53 286
75 156
65 389
Living cost
39 823
39 823
39 823
39 823
Free-cash
27 706
13 463
35 333
25 566

Estimated living cost  is ₽39823 per week

₽26634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4199
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42119
₽41863
₽40844
₽45048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
16 402
health
-
-
-
2 716
income
-
-
-
12 383
total
-
-
-
31 501
Employee
77 950
77 950
96 685
-
income
8 185
7 216
12 273
-
social contributions
3 788
6 469
8 026
-
health
775
1 325
1 643
-
total
12 748
15 010
21 942
-
Employer
77 950
77 950
96 685
-
health
845
1 443
1 789
-
social contributions
3 788
6 469
8 026
-
total
4 633
7 912
9 815
-
Corporate
56 239
20 638
-
-
income
7 029
2 580
-
-
total
7 029
2 580
-
-
Dividends
49 210
18 058
-
-
withholding
8 366
3 070
-
-
total
8 366
3 070
-
-
Income
106 500
106 500
106 500
106 500
Total tax
32 776
28 572
31 757
31 501
After tax
73 724
77 928
74 743
74 999
Living cost
32 880
32 880
32 880
32 880
Free-cash
40 844
45 048
41 863
42 119

Estimated living cost  is ₽32880 per week

₽22477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55233
₽43194
₽41820
₽41435
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
unemployment
-
-
-
1 597
health
-
-
-
7 455
income
-
-
-
13 020
pensions
-
-
-
10 650
total
-
-
-
32 722
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.

26 771
10 654
89 121
-
income
3 273
1 302
10 895
-
pensions
2 677
1 065
8 912
-
unemployment
402
160
1 337
-
health
1 874
746
6 238
-
total
8 226
3 273
27 382
-
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.

26 771
10 654
89 121
-
pensions
5 220
2 078
17 379
-
total
5 220
2 078
17 379
-
Corporate
74 509
93 768
-
-
income
6 706
8 439
-
-
total
6 706
8 439
-
-
Dividends
67 803
85 329
-
-
social contributions
13 100
16 517
-
-
withholding
12 883
16 213
-
-
total
25 983
32 730
-
-
Income
106 500
106 500
106 500
106 500
Total tax
46 135
46 520
44 761
32 722
After tax
60 365
59 980
61 739
73 778
Living cost
18 545
18 545
18 545
18 545
Free-cash
41 820
41 435
43 194
55 233

Estimated living cost  is ₽18545 per week

₽12656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1517
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽371
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32599
₽36900
₽54416
₽60716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
health
-
-
-
13 845
income
-
-
-
14 272
pensions
-
-
-
21 299
total
-
-
-
49 416
Employee
28 758
-
79 597
-
income
3 238
-
15 345
-
pensions
575
-
1 593
-
unemployment
460
-
1 273
-
total
4 273
-
18 211
-
Employer
28 758
-
79 597
-
pensions
5 752
-
15 919
-
health
3 738
-
10 348
-
unemployment
231
-
637
-
total
9 721
-
26 904
-
Corporate
68 022
106 500
-
-
income
13 605
21 299
-
-
total
13 605
21 299
-
-
Dividends
54 417
85 201
-
-
total
-
-
-
-
Income
106 500
106 500
106 500
106 500
Total tax
27 599
21 299
45 115
49 416
After tax
78 901
85 201
61 385
57 084
Living cost
24 485
24 485
24 485
24 485
Free-cash
54 416
60 716
36 900
32 599

Estimated living cost  is ₽24485 per week

₽16794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50818
₽33089
₽5216
-₽13617
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
375
accident
-
-
-
255
health
-
-
-
2 205
income
-
-
-
26 397
pensions
-
-
-
4 207
total
-
-
-
33 439
Employee
34 990
-
91 588
-
income
4 800
-
18 054
-
pensions
3 940
-
7 714
-
health
4 006
-
10 487
-
total
12 746
-
36 255
-
Employer
34 990
-
91 588
-
pensions
5 690
-
11 139
-
accident
584
-
1 530
-
unemployment
857
-
2 244
-
total
7 131
-
14 913
-
Corporate
64 379
106 500
-
-
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.

57 941
95 850
-
-
total
57 941
95 850
-
-
Dividends
6 438
10 650
-
-
withholding
1 223
2 024
-
-
total
1 223
2 024
-
-
Income
106 500
106 500
106 500
106 500
Total tax
79 041
97 874
51 168
33 439
After tax
27 459
8 626
55 332
73 061
Living cost
22 243
22 243
22 243
22 243
Free-cash
5 216
-13 617
33 089
50 818

Estimated living cost  is ₽22243 per week

₽16302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽96330
₽76095
₽90363
₽92070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
106 500
microenterprise

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

-
-
-
1 065
total
-
-
-
1 065
Employee
11 381
-
106 500
-
income
2 276
-
21 300
-
total
2 276
-
21 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

95 119
106 500
-
-
total
-
-
-
-
Dividends
95 119
106 500
-
-
withholding
4 756
5 325
-
-
total
4 756
5 325
-
-
Income
106 500
106 500
106 500
106 500
Total tax
7 032
5 325
21 300
1 065
After tax
99 468
101 175
85 200
105 435
Living cost
9 105
9 105
9 105
9 105
Free-cash
90 363
92 070
76 095
96 330

Estimated living cost  is ₽9105 per week

₽5643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30656
₽35080
₽44389
₽51236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
5 059
health
-
-
-
4 686
income
-
-
-
13 528
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.

-
-
-
25 560
total
-
-
-
48 833
Employee
36 807
-
85 062
-
income
6 337
-
14 976
-
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.

2 576
-
5 956
-
unemployment
367
-
850
-
health
516
-
1 191
-
total
9 796
-
22 973
-
Employer
36 807
-
85 062
-
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.

6 258
-
14 461
-
other
1 841
-
4 253
-
accident
294
-
681
-
health
516
-
1 191
-
unemployment
367
-
850
-
total
9 276
-
21 436
-
Corporate
60 417
106 500
-
-
income
12 687
22 365
-
-
total
12 687
22 365
-
-
Dividends
47 730
84 135
-
-
withholding
3 341
5 888
-
-
total
3 341
5 888
-
-
Income
106 500
106 500
106 500
106 500
Total tax
35 100
28 253
44 409
48 833
After tax
71 400
78 247
62 091
57 667
Living cost
27 011
27 011
27 011
27 011
Free-cash
44 389
51 236
35 080
30 656

Estimated living cost  is ₽27011 per week

₽19085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1824
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5667
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7775
-₽1808
-₽3503
₽9272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
income
-
-
-
22 622
pensions
-
-
-
7 726
total
-
-
-
30 348
Employee
96 743
-
93 715
-
income
17 439
-
16 642
-
pensions
9 333
-
8 971
-
health
1 594
-
1 533
-
total
28 366
-
27 146
-
Employer
96 743
-
93 715
-
pensions
11 423
-
11 004
-
health
1 837
-
1 781
-
total
13 260
-
12 785
-
Corporate
-
106 500
-
-
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.

-
20 235
-
-
total
-
20 235
-
-
Dividends
-
86 265
-
-
withholding
-
8 616
-
-
total
-
8 616
-
-
Income
106 500
106 500
106 500
106 500
Total tax
41 626
28 851
39 931
30 348
After tax
64 874
77 649
66 569
76 152
Living cost
68 377
68 377
68 377
68 377
Free-cash
-3 503
9 272
-1 808
7 775

Estimated living cost  is ₽68377 per week

₽51236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8034
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.
₽8552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67791
₽71194
₽73066
₽77774
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
unemployment
-
-
-
142
health
-
-
-
4 070
income
-
-
-
15 975
pensions

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

-
-
-
5 238
total
-
-
-
25 425
Employee
17 590
-
99 557
-
income
1 759
-
9 955
-
pensions

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

1 544
-
3 107
-
health
809
-
1 628
-
accident

We are using the highest rate at 1.1%.

194
-
389
-
total
4 306
-
15 079
-
Employer
17 590
-
99 557
-
pensions

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

1 939
-
3 900
-
accident

We are using the highest rate at 1.1%.

194
-
389
-
health
1 214
-
2 442
-
unemployment
105
-
212
-
total
3 452
-
6 943
-
Corporate
85 459
106 500
-
-
income
8 546
10 650
-
-
total
8 546
10 650
-
-
Dividends
76 913
95 850
-
-
withholding
3 846
4 792
-
-
total
3 846
4 792
-
-
Income
106 500
106 500
106 500
106 500
Total tax
20 150
15 442
22 022
25 425
After tax
86 350
91 058
84 478
81 075
Living cost
13 284
13 284
13 284
13 284
Free-cash
73 066
77 774
71 194
67 791

Estimated living cost  is ₽13284 per week

₽7755
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽352
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4209
-₽3161
-₽3940
-₽4558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
health
-
-
-
12 439
income
-
-
-
21 763
pensions
-
-
-
11 877
total
-
-
-
46 079
Employee
93 984
86 567
90 631
-
income

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

14 170
14 170
14 170
-
pensions
11 877
11 877
11 877
-
health
11 725
11 302
11 533
-
total
37 772
37 349
37 580
-
Employer
93 984
86 567
90 631
-
pensions
6 541
6 025
6 308
-
health
6 531
6 017
6 298
-
unemployment
3 384
3 116
3 263
-
total
16 456
15 158
15 869
-
Corporate
-
4 774
-
-
income
-
954
-
-
total
-
954
-
-
Dividends
-
3 820
-
-
withholding
-
573
-
-
income
-
812
-
-
total
-
1 385
-
-
Income
106 500
106 500
106 500
106 500
Total tax
54 228
54 846
53 449
46 079
After tax
52 272
51 654
53 051
60 421
Living cost
56 212
56 212
56 212
56 212
Free-cash
-3 940
-4 558
-3 161
4 209

Estimated living cost  is ₽56212 per week

₽41466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽27518
₽29694
₽40286
₽48973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
31 098
health
-
-
-
14 378
income
-
-
-
9 154
solidarity contribution
-
-
-
-
total
-
-
-
54 630
Employee
35 812
-
79 478
-
income
4 297
-
9 537
-
solidarity contribution
-
-
-
-
social contributions
2 328
-
5 166
-
health
4 835
-
10 729
-
total
11 460
-
25 432
-
Employer
35 812
-
79 478
-
health
3 223
-
7 153
-
social contributions
8 953
-
19 869
-
total
12 176
-
27 022
-
Corporate
58 512
106 500
-
-
income
11 117
20 235
-
-
total
11 117
20 235
-
-
Dividends
47 395
86 265
-
-
withholding
7 109
12 940
-
-
total
7 109
12 940
-
-
Income
106 500
106 500
106 500
106 500
Total tax
41 862
33 175
52 454
54 630
After tax
64 638
73 325
54 046
51 870
Living cost
24 352
24 352
24 352
24 352
Free-cash
40 286
48 973
29 694
27 518

Estimated living cost  is ₽24352 per week

₽16915
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11532
₽6463
₽8753
₽14048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
27 392
municipal
-
-
-
633
national
-
-
-
22 983
regional
-
-
-
1 185
total
-
-
-
52 193
Employee
90 093
-
106 500
-
national
15 611
-
19 745
-
social contributions
30 379
-
35 912
-
municipal
477
-
566
-
regional
850
-
1 039
-
total
47 317
-
57 262
-
Employer
90 093
-
106 500
-
total
-
-
-
-
Corporate
16 407
106 500
-
-
nationa
3 938
25 560
-
-
municipal
641
4 153
-
-
total
4 579
29 713
-
-
Dividends
11 829
76 786
-
-
withholding
3 076
19 964
-
-
total
3 076
19 964
-
-
Income
106 500
106 500
106 500
106 500
Total tax
54 972
49 677
57 262
52 193
After tax
51 528
56 823
49 238
54 307
Living cost
42 775
42 775
42 775
42 775
Free-cash
8 753
14 048
6 463
11 532

Estimated living cost  is ₽42775 per week

₽29818
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2805
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽656
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9495
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31857
₽29830
₽41463
₽44620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 562
income
-
-
-
20 597
surtax
-
-
-
2 585
pensions
-
-
-
21 299
total
-
-
-
52 274
Employee
33 523
-
87 980
-
income
5 619
-
19 206
-
pensions
2 235
-
5 867
-
unemployment
2 333
-
6 123
-
health
856
-
2 243
-
other
-
-
-
-
surtax
110
-
2 343
-
total
11 153
-
35 782
-
Employer
33 523
-
87 980
-
pensions
4 469
-
11 727
-
other
-
-
-
-
health
1 526
-
4 003
-
unemployment
1 062
-
2 789
-
total
7 057
-
18 519
-
Corporate
65 921
106 500
-
-
income
17 140
27 690
-
-
total
17 140
27 690
-
-
Dividends
48 781
78 810
-
-
withholding
7 318
11 821
-
-
total
7 318
11 821
-
-
Income
106 500
106 500
106 500
106 500
Total tax
42 668
39 511
54 301
52 274
After tax
63 832
66 989
52 199
54 226
Living cost
22 369
22 369
22 369
22 369
Free-cash
41 463
44 620
29 830
31 857

Estimated living cost  is ₽22369 per week

₽13678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29439
₽19856
₽25035
₽30936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
income
-
-
-
22 622
pensions
-
-
-
7 726
total
-
-
-
30 348
Employee
64 834
-
93 715
-
income
11 677
-
16 642
-
pensions
5 503
-
8 971
-
health
941
-
1 533
-
total
18 121
-
27 146
-
Employer
64 834
-
93 715
-
pensions
7 018
-
11 004
-
health
1 232
-
1 781
-
total
8 250
-
12 785
-
Corporate
33 416
106 500
-
-
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.

6 350
20 235
-
-
total
6 350
20 235
-
-
Dividends
27 066
86 265
-
-
withholding
2 031
8 616
-
-
total
2 031
8 616
-
-
Income
106 500
106 500
106 500
106 500
Total tax
34 752
28 851
39 931
30 348
After tax
71 748
77 649
66 569
76 152
Living cost
46 713
46 713
46 713
46 713
Free-cash
25 035
30 936
19 856
29 439

Estimated living cost  is ₽46713 per week

₽34997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3501
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽11977
₽6701
₽4857
-₽27934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
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.

-
-
-
2 130
health
-
-
-
250
city
-
-
-
1 122
national
-
-
-
767
regional
-
-
-
3 822
pensions
-
-
-
9 798
total
-
-
-
17 889
Employee
89 682
-
95 322
-
pensions
7 534
-
8 007
-
national
424
-
549
-
unemployment
-
-
-
-
city
962
-
1 023
-
health
203
-
215
-
regional
2 937
-
3 242
-
total
12 060
-
13 036
-
Employer
89 682
-
95 322
-
pensions
7 534
-
8 007
-
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.

1 793
-
1 907
-
health
203
-
215
-
unemployment
-
-
-
-
total
9 530
-
10 129
-
Corporate
6 302
106 500
-
-
regional
1 333
22 525
-
-
national
535
9 052
-
-
total
1 868
31 577
-
-
Dividends
4 434
74 923
-
-
withholding
1 551
26 223
-
-
total
1 551
26 223
-
-
Income
106 500
106 500
106 500
106 500
Total tax
25 009
57 800
23 165
17 889
After tax
81 491
48 700
83 335
88 611
Living cost
76 634
76 634
76 634
76 634
Free-cash
4 857
-27 934
6 701
11 977

Estimated living cost  is ₽76634 per week

₽49834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽18535
₽28717
₽22738
₽6296
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
trade
-
-
-
10 182
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.

-
-
-
6 925
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.

-
-
-
23 146
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.

-
-
-
1 273
total
-
-
-
41 526
Employee

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

60 922
-
106 500
-
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.

394
-
1 273
-
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.

7 164
-
23 146
-
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.

6 925
-
6 925
-
total
14 483
-
31 344
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 578
106 500
-
-
trade
7 816
18 266
-
-
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.

375
879
-
-
income
6 837
15 975
-
-
chamber of commerce
217
304
-
-
total
15 245
35 424
-
-
Dividends
30 332
71 077
-
-
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.

396
956
-
-
withholding
7 199
17 385
-
-
total
7 595
18 341
-
-
Income
106 500
106 500
106 500
106 500
Total tax
37 323
53 765
31 344
41 526
After tax
69 177
52 735
75 156
64 974
Living cost
46 439
46 439
46 439
46 439
Free-cash
22 738
6 296
28 717
18 535

Estimated living cost  is ₽46439 per week

₽33917
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26496
₽31744
₽24980
₽18993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
3 307
social contributions
-
-
-
3 034
health
-
-
-
2 255
income
-
-
-
10 866
surtax
-
-
-
-
pensions
-
-
-
25 859
total
-
-
-
45 321
Employee
43 385
-
86 232
-
income
2 560
-
13 073
-
pensions
4 905
-
4 275
-
social contributions
1 237
-
2 457
-
surtax
-
-
-
-
total
8 702
-
19 805
-
Employer
43 385
-
86 232
-
pensions
7 127
-
7 507
-
other
1 497
-
2 974
-
health
3 038
-
6 037
-
unemployment
1 756
-
3 492
-
social contributions
131
-
258
-
total
13 549
-
20 268
-
Corporate
49 566
106 500
-
-
surtax
-
-
-
-
income
13 878
29 820
-
-
total
13 878
29 820
-
-
Dividends
35 688
76 680
-
-
surtax
-
-
-
-
social contributions
6 139
13 189
-
-
withholding
4 569
9 815
-
-
total
10 708
23 004
-
-
Income
106 500
106 500
106 500
106 500
Total tax
46 837
52 824
40 073
45 321
After tax
59 663
53 676
66 427
61 179
Living cost
34 683
34 683
34 683
34 683
Free-cash
24 980
18 993
31 744
26 496

Estimated living cost  is ₽34683 per week

₽21869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9405
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29933
₽35181
₽28062
₽22430
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
3 307
social contributions
-
-
-
3 034
health
-
-
-
2 255
income
-
-
-
10 866
surtax
-
-
-
-
pensions
-
-
-
25 859
total
-
-
-
45 321
Employee
38 728
-
86 232
-
income
1 997
-
13 073
-
pensions
4 380
-
4 275
-
social contributions
1 104
-
2 457
-
surtax
-
-
-
-
total
7 481
-
19 805
-
Employer
38 728
-
86 232
-
pensions
6 364
-
7 507
-
other
1 337
-
2 974
-
health
2 711
-
6 037
-
unemployment
1 568
-
3 492
-
social contributions
115
-
258
-
total
12 095
-
20 268
-
Corporate
55 678
106 500
-
-
surtax
-
-
-
-
income
15 590
29 820
-
-
total
15 590
29 820
-
-
Dividends
40 088
76 680
-
-
surtax
-
-
-
-
social contributions
6 895
13 189
-
-
withholding
5 131
9 815
-
-
total
12 026
23 004
-
-
Income
106 500
106 500
106 500
106 500
Total tax
47 192
52 824
40 073
45 321
After tax
59 308
53 676
66 427
61 179
Living cost
31 246
31 246
31 246
31 246
Free-cash
28 062
22 430
35 181
29 933

Estimated living cost  is ₽31246 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9359
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46899
₽46821
₽44004
₽43479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
14 697
health
-
-
-
7 433
income
-
-
-
15 975
total
-
-
-
38 105
Employee
34 371
-
106 500
-
income
5 733
-
16 053
-
social contributions
4 744
-
14 697
-
health
2 399
-
7 433
-
total
12 876
-
38 183
-
Employer
34 371
-
106 500
-
total
-
-
-
-
Corporate
72 129
106 500
-
-
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%.

3 607
5 325
-
-
total
3 607
5 325
-
-
Dividends
68 522
101 175
-
-
social contributions
9 457
13 962
-
-
health
4 782
7 062
-
-
withholding
10 278
15 176
-
-
total
24 517
36 200
-
-
Income
106 500
106 500
106 500
106 500
Total tax
41 000
41 525
38 183
38 105
After tax
65 500
64 975
68 317
68 395
Living cost
21 496
21 496
21 496
21 496
Free-cash
44 004
43 479
46 821
46 899

Estimated living cost  is ₽21496 per week

₽14386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1325
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17787
-₽4069
₽22328
₽23896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
chamber of commerce
-
-
-
425
unemployment
-
-
-
6 217
health
-
-
-
8 147
income
-
-
-
18 302
surtax
-
-
-
200
pensions
-
-
-
19 703
total
-
-
-
52 994
Employee
50 661
40 398
82 544
-
income
5 767
2 980
16 271
-
pensions
5 188
4 136
8 453
-
unemployment
1 520
1 212
2 476
-
health
1 960
1 564
3 195
-
other
506
404
825
-
total
14 941
10 296
31 220
-
Employer
50 661
40 398
82 544
-
pensions
6 358
5 071
10 359
-
other
2 407
1 918
3 921
-
accident
658
525
1 073
-
health
1 914
1 527
3 120
-
payroll
1 520
1 212
2 476
-
chamber of commerce
202
162
331
-
unemployment
1 520
1 212
2 476
-
surtax
200
200
200
-
total
14 779
11 827
23 956
-
Corporate
41 061
54 275
78 697
-
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.

10 265
13 568
19 674
-
total
10 265
13 568
19 674
-
Dividends
30 796
40 707
-
-
withholding
8 468
11 194
-
-
total
8 468
11 194
-
-
Income
106 500
106 500
106 500
106 500
Total tax
48 453
46 885
74 850
52 994
After tax
58 047
59 615
31 650
53 506
Living cost
35 719
35 719
35 719
35 719
Free-cash
22 328
23 896
-4 069
17 787

Estimated living cost  is ₽35719 per week

₽23823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12434
₽4248
₽7546
₽22751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
16 890
communal

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

-
-
-
5 377
national
-
-
-
34 838
total
-
-
-
57 105
Employee

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

72 512
-
82 488
-
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.

5 438
-
6 187
-
national
22 293
-
26 196
-
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.

631
-
718
-
communal

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

3 782
-
4 303
-
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.

3 407
-
3 876
-
total
35 551
-
41 280
-
Employer

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

72 512
-
82 488
-
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.

6 425
-
7 308
-
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.

943
-
1 073
-
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.

4 459
-
5 073
-
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.

1 058
-
1 204
-
surtax
8 222
-
9 353
-
total
21 107
-
24 011
-
Corporate
12 881
106 500
-
-
surtax
52
425
-
-
income
2 576
21 299
-
-
total
2 628
21 724
-
-
Dividends
10 254
84 775
-
-
withholding

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

2 707
25 064
-
-
total
2 707
25 064
-
-
Income
106 500
106 500
106 500
106 500
Total tax
61 993
46 788
65 291
57 105
After tax
44 507
59 712
41 209
49 395
Living cost
36 961
36 961
36 961
36 961
Free-cash
7 546
22 751
4 248
12 434

Estimated living cost  is ₽36961 per week

₽23808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3232
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.
₽9343
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20997
₽19304
₽27060
₽35136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
94
unemployment
-
-
-
658
accident
-
-
-
846
income
-
-
-
20 706
pensions
-
-
-
26 590
total
-
-
-
48 894
Employee
50 460
-
80 755
-
income
10 647
-
19 713
-
pensions
2 372
-
3 795
-
unemployment
783
-
1 252
-
other
50
-
81
-
total
13 852
-
24 841
-
Employer
50 460
-
80 755
-
pensions
11 908
-
19 058
-
other
402
-
646
-
accident
998
-
1 599
-
unemployment
2 776
-
4 442
-
total
16 084
-
25 745
-
Corporate
39 956
106 500
-
-
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.

5 994
15 975
-
-
total
5 994
15 975
-
-
Dividends
33 961
90 525
-
-
withholding
6 900
18 779
-
-
total
6 900
18 779
-
-
Income
106 500
106 500
106 500
106 500
Total tax
42 830
34 754
50 586
48 894
After tax
63 670
71 746
55 914
57 606
Living cost
36 610
36 610
36 610
36 610
Free-cash
27 060
35 136
19 304
20 997

Estimated living cost  is ₽36610 per week

₽26959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5182
₽9803
₽2771
₽9918
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
accident
-
-
-
898
health
-
-
-
7 481
income
-
-
-
9 875
communal
-
-
-
6 731
surtax
-
-
-
5 281
pensions
-
-
-
15 963
total
-
-
-
46 229
Employee
76 768
-
95 131
-
income
7 415
-
12 564
-
pensions
6 140
-
7 610
-
health
3 417
-
4 234
-
surtax
4 705
-
5 831
-
total
21 677
-
30 239
-
Employer
76 768
-
95 131
-
pensions
6 140
-
7 610
-
accident
691
-
856
-
health
2 341
-
2 903
-
total
9 172
-
11 369
-
Corporate
20 560
106 500
-
-
communal
-
7 189
-
-
surtax
215
1 118
-
-
income
3 084
15 975
-
-
total
3 299
24 282
-
-
Dividends
17 261
82 219
-
-
withholding
2 589
12 333
-
-
income
11 903
4 878
-
-
total
14 492
17 211
-
-
Income
106 500
106 500
106 500
106 500
Total tax
48 640
41 493
41 608
46 229
After tax
57 860
65 007
64 892
60 271
Living cost
55 089
55 089
55 089
55 089
Free-cash
2 771
9 918
9 803
5 182

Estimated living cost  is ₽55089 per week

₽41325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3338
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.
₽9842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31457
₽29430
₽40994
₽44220
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
7 562
income
-
-
-
20 597
surtax
-
-
-
2 585
pensions
-
-
-
21 299
total
-
-
-
52 274
Employee
34 138
-
87 980
-
income
5 723
-
19 206
-
pensions
2 278
-
5 867
-
unemployment
2 376
-
6 123
-
health
871
-
2 243
-
other
-
-
-
-
surtax
121
-
2 343
-
total
11 369
-
35 782
-
Employer
34 138
-
87 980
-
pensions
4 552
-
11 727
-
other
-
-
-
-
health
1 552
-
4 003
-
unemployment
1 083
-
2 789
-
total
7 187
-
18 519
-
Corporate
65 175
106 500
-
-
income
16 946
27 690
-
-
total
16 946
27 690
-
-
Dividends
48 229
78 810
-
-
withholding
7 235
11 821
-
-
total
7 235
11 821
-
-
Income
106 500
106 500
106 500
106 500
Total tax
42 737
39 511
54 301
52 274
After tax
63 763
66 989
52 199
54 226
Living cost
22 769
22 769
22 769
22 769
Free-cash
40 994
44 220
29 430
31 457

Estimated living cost  is ₽22769 per week

₽13747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6516
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26580
₽21538
₽26420
₽28673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
27 392
municipal
-
-
-
633
national
-
-
-
22 983
regional
-
-
-
1 605
total
-
-
-
52 613
Employee
56 232
-
106 500
-
national
8 909
-
19 745
-
social contributions
18 962
-
35 912
-
municipal
298
-
566
-
regional
757
-
1 432
-
total
28 926
-
57 655
-
Employer
56 232
-
106 500
-
total
-
-
-
-
Corporate
50 268
106 500
-
-
nationa
12 064
25 560
-
-
municipal
2 499
5 292
-
-
total
14 563
30 852
-
-
Dividends
35 705
75 647
-
-
withholding
9 284
19 668
-
-
total
9 284
19 668
-
-
Income
106 500
106 500
106 500
106 500
Total tax
52 773
50 520
57 655
52 613
After tax
53 727
55 980
48 845
53 887
Living cost
27 307
27 307
27 307
27 307
Free-cash
26 420
28 673
21 538
26 580

Estimated living cost  is ₽27307 per week

₽16983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
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.
₽7091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21862
₽24038
₽32613
₽43317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
31 098
health
-
-
-
14 378
income
-
-
-
9 154
solidarity contribution
-
-
-
-
total
-
-
-
54 630
Employee
44 129
-
79 478
-
income
5 295
-
9 537
-
solidarity contribution
-
-
-
-
social contributions
2 868
-
5 166
-
health
5 957
-
10 729
-
total
14 120
-
25 432
-
Employer
44 129
-
79 478
-
health
3 972
-
7 153
-
social contributions
11 032
-
19 869
-
total
15 004
-
27 022
-
Corporate
47 367
106 500
-
-
income
9 000
20 235
-
-
total
9 000
20 235
-
-
Dividends
38 367
86 265
-
-
withholding
5 755
12 940
-
-
total
5 755
12 940
-
-
Income
106 500
106 500
106 500
106 500
Total tax
43 879
33 175
52 454
54 630
After tax
62 621
73 325
54 046
51 870
Living cost
30 008
30 008
30 008
30 008
Free-cash
32 613
43 317
24 038
21 862

Estimated living cost  is ₽30008 per week

₽22316
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21365
-₽656
₽26883
₽27382
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
chamber of commerce
-
-
-
425
unemployment
-
-
-
6 217
health
-
-
-
8 147
income
-
-
-
18 302
surtax
-
-
-
-
pensions
-
-
-
19 703
total
-
-
-
52 794
Employee
44 312
40 398
82 698
-
income
3 947
2 980
16 323
-
pensions
4 538
4 136
8 468
-
unemployment
1 329
1 212
2 482
-
health
1 714
1 564
3 201
-
other
442
404
827
-
total
11 970
10 296
31 301
-
Employer
44 312
40 398
82 698
-
pensions
5 561
5 071
10 378
-
other
2 105
1 918
3 928
-
accident
575
525
1 075
-
health
1 676
1 527
3 126
-
payroll
1 329
1 212
2 482
-
chamber of commerce
177
162
331
-
unemployment
1 329
1 212
2 482
-
surtax
-
-
-
-
total
12 752
11 627
23 802
-
Corporate
49 435
54 475
78 850
-
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.

12 358
13 618
19 712
-
total
12 358
13 618
19 712
-
Dividends
37 077
40 857
-
-
withholding
10 196
11 236
-
-
total
10 196
11 236
-
-
Income
106 500
106 500
106 500
106 500
Total tax
47 276
46 777
74 815
52 794
After tax
59 224
59 723
31 685
53 706
Living cost
32 341
32 341
32 341
32 341
Free-cash
26 883
27 382
-656
21 365

Estimated living cost  is ₽32341 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽91247
₽71012
₽84327
₽86987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
106 500
microenterprise

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

-
-
-
1 065
total
-
-
-
1 065
Employee
17 736
-
106 500
-
income
3 547
-
21 300
-
total
3 547
-
21 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 764
106 500
-
-
total
-
-
-
-
Dividends
88 764
106 500
-
-
withholding
4 438
5 325
-
-
total
4 438
5 325
-
-
Income
106 500
106 500
106 500
106 500
Total tax
7 985
5 325
21 300
1 065
After tax
98 515
101 175
85 200
105 435
Living cost
14 188
14 188
14 188
14 188
Free-cash
84 327
86 987
71 012
91 247

Estimated living cost  is ₽14188 per week

₽9601
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3515
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27686
₽24631
₽37657
₽46135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
unemployment
-
-
-
160
health
-
-
-
10 480
income
-
-
-
21 535
pensions
-
-
-
19 449
total
-
-
-
51 624
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.

44 827
-
92 153
-
income
7 730
-
19 964
-
pensions
6 948
-
14 284
-
unemployment
63
-
129
-
health
2 895
-
5 954
-
total
17 636
-
40 331
-
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.

44 827
-
92 153
-
pensions
3 967
-
8 155
-
health
2 986
-
6 137
-
unemployment
27
-
56
-
total
6 980
-
14 348
-
Corporate
54 694
106 500
-
-
income
10 392
20 236
-
-
total
10 392
20 236
-
-
Dividends
44 302
86 264
-
-
withholding
6 645
12 939
-
-
total
6 645
12 939
-
-
Income
106 500
106 500
106 500
106 500
Total tax
41 653
33 175
54 679
51 624
After tax
64 847
73 325
51 821
54 876
Living cost
27 190
27 190
27 190
27 190
Free-cash
37 657
46 135
24 631
27 686

Estimated living cost  is ₽27190 per week

₽18660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30018
₽49631
-₽44102
₽21213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
12 141
income
-
-
-
20 759
total
-
-
-
32 900
Employee
62 490
-
-
-
income
13 784
-
-
-
social contributions
5 124
-
730
-
total
18 908
-
730
-
Employer
62 490
-
-
-
social contributions
88 112
-
12 557
-
total
88 112
-
12 557
-
Corporate
-
106 500
-
-
income
-
23 430
-
-
total
-
23 430
-
-
Dividends
-
83 070
-
-
income
-
18 275
-
-
total
-
18 275
-
-
Income
106 500
106 500
106 500
106 500
Total tax
107 020
41 705
13 287
32 900
After tax
-520
64 795
93 213
73 600
Living cost
43 582
43 582
43 582
43 582
Free-cash
-44 102
21 213
49 631
30 018

Estimated living cost  is ₽43582 per week

₽28278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽27516
₽21788
₽27757
₽28780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
social contributions

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

-
-
-
37 008
income
-
-
-
10 179
surtax
-
-
-
-
total
-
-
-
47 187
Employee
46 623
-
86 061
-
income
9 698
-
23 009
-
social contributions
5 129
-
9 467
-
surtax
-
-
-
-
total
14 827
-
32 476
-
Employer
46 623
-
86 061
-
social contributions
11 073
-
20 439
-
total
11 073
-
20 439
-
Corporate
48 804
106 500
-
-
surtax
-
-
-
-
income
10 250
22 365
-
-
total
10 250
22 365
-
-
Dividends
38 555
84 135
-
-
withholding
10 796
23 558
-
-
total
10 796
23 558
-
-
Income
106 500
106 500
106 500
106 500
Total tax
46 946
45 923
52 915
47 187
After tax
59 554
60 577
53 585
59 313
Living cost
31 797
31 797
31 797
31 797
Free-cash
27 757
28 780
21 788
27 516

Estimated living cost  is ₽31797 per week

₽23791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12218
₽17466
₽11685
₽4715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
3 307
social contributions
-
-
-
3 034
health
-
-
-
2 255
income
-
-
-
10 866
surtax
-
-
-
-
pensions
-
-
-
25 859
total
-
-
-
45 321
Employee
63 491
-
86 232
-
income
5 540
-
13 073
-
pensions
7 181
-
4 275
-
social contributions
1 808
-
2 457
-
surtax
-
-
-
-
total
14 529
-
19 805
-
Employer
63 491
-
86 232
-
pensions
10 432
-
7 507
-
other
2 191
-
2 974
-
health
4 444
-
6 037
-
unemployment
2 572
-
3 492
-
social contributions
190
-
258
-
total
19 829
-
20 268
-
Corporate
23 179
106 500
-
-
surtax
-
-
-
-
income
6 491
29 820
-
-
total
6 491
29 820
-
-
Dividends
16 689
76 680
-
-
surtax
-
-
-
-
social contributions
2 870
13 189
-
-
withholding
2 135
9 815
-
-
total
5 005
23 004
-
-
Income
106 500
106 500
106 500
106 500
Total tax
45 854
52 824
40 073
45 321
After tax
60 646
53 676
66 427
61 179
Living cost
48 961
48 961
48 961
48 961
Free-cash
11 685
4 715
17 466
12 218

Estimated living cost  is ₽48961 per week

₽33136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50448
₽53277
₽61973
₽65378
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
23 429
income
-
-
-
2 151
total
-
-
-
25 580
Employee
32 590
-
92 209
-
social contributions
2 118
-
5 994
-
income
-
-
2 466
-
total
2 118
-
8 460
-
Employer
32 590
-
92 209
-
social contributions
5 052
-
14 291
-
total
5 052
-
14 291
-
Corporate
68 858
106 500
-
-
income
6 885
10 650
-
-
total
6 885
10 650
-
-
Dividends
61 973
95 850
-
-
total
-
-
-
-
Income
106 500
106 500
106 500
106 500
Total tax
14 055
10 650
22 751
25 580
After tax
92 445
95 850
83 749
80 920
Living cost
30 472
30 472
30 472
30 472
Free-cash
61 973
65 378
53 277
50 448

Estimated living cost  is ₽30472 per week

₽19703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2297
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7899
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16923
-₽114413
-₽114413
-₽114413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
municipal
-
-
-
20 044
national
-
-
-
11 373
labour market
-
-
-
8 450
pensions
-
-
-
879
total
-
-
-
40 746
Employee
206 104
206 104
206 104
-
labour market
16 465
16 465
16 465
-
pensions
293
293
293
-
national
25 179
25 179
25 179
-
municipal
43 889
43 889
43 889
-
total
85 826
85 826
85 826
-
Employer
206 104
206 104
206 104
-
pensions
586
586
586
-
municipal
43 959
43 959
43 959
-
national
25 223
25 223
25 223
-
labour market
16 488
16 488
16 488
-
total
86 256
86 256
86 256
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
106 500
106 500
106 500
106 500
Total tax
172 082
172 082
172 082
40 746
After tax
-65 582
-65 582
-65 582
65 754
Living cost
48 831
48 831
48 831
48 831
Free-cash
-114 413
-114 413
-114 413
16 923

Estimated living cost  is ₽48831 per week

₽33421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10340
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51146
₽33417
₽5266
-₽13289
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
375
accident
-
-
-
255
health
-
-
-
2 205
income
-
-
-
26 397
pensions
-
-
-
4 207
total
-
-
-
33 439
Employee
34 474
-
91 588
-
income
4 729
-
18 054
-
pensions
3 882
-
7 714
-
health
3 947
-
10 487
-
total
12 558
-
36 255
-
Employer
34 474
-
91 588
-
pensions
5 605
-
11 139
-
accident
576
-
1 530
-
unemployment
845
-
2 244
-
total
7 026
-
14 913
-
Corporate
65 000
106 500
-
-
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.

58 500
95 850
-
-
total
58 500
95 850
-
-
Dividends
6 500
10 650
-
-
withholding
1 235
2 024
-
-
total
1 235
2 024
-
-
Income
106 500
106 500
106 500
106 500
Total tax
79 319
97 874
51 168
33 439
After tax
27 181
8 626
55 332
73 061
Living cost
21 915
21 915
21 915
21 915
Free-cash
5 266
-13 289
33 417
51 146

Estimated living cost  is ₽21915 per week

₽15952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1249
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4303
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36132
₽21431
₽29829
₽31502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
106 500
municipal
-
-
-
18 951
health
-
-
-
1 218
national
-
-
-
11 280
total
-
-
-
31 449
Employee
53 334
-
89 592
-
pensions
3 599
-
6 048
-
national
881
-
6 269
-
municipal
8 736
-
14 624
-
unemployment
800
-
1 345
-
health
398
-
956
-
total
14 414
-
29 242
-
Employer
53 334
-
89 592
-
pensions
9 253
-
15 544
-
accident
54
-
90
-
health
410
-
691
-
unemployment
346
-
583
-
total
10 063
-
16 908
-
Corporate
43 103
106 500
-
-
income
8 620
21 299
-
-
total
8 620
21 299
-
-
Dividends

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

25 862
63 900
-
-
municipal
4 655
11 502
-
-
national
-
3 278
-
-
total
4 655
14 780
-
-
Income
106 500
106 500
106 500
106 500
Total tax
37 752
36 079
46 150
31 449
After tax
68 748
70 421
60 350
75 051
Living cost
38 919
38 919
38 919
38 919
Free-cash
29 829
31 502
21 431
36 132

Estimated living cost  is ₽38919 per week

₽25422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3744
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51529
₽51273
₽48941
₽54458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
16 402
health
-
-
-
2 716
income
-
-
-
12 383
total
-
-
-
31 501
Employee
77 950
77 950
96 685
-
income
8 487
7 216
12 273
-
social contributions
2 947
6 469
8 026
-
health
604
1 325
1 643
-
total
12 038
15 010
21 942
-
Employer
77 950
77 950
96 685
-
health
656
1 443
1 789
-
social contributions
2 947
6 469
8 026
-
total
3 603
7 912
9 815
-
Corporate
67 388
20 638
-
-
income
8 424
2 580
-
-
total
8 424
2 580
-
-
Dividends
58 964
18 058
-
-
withholding
10 024
3 070
-
-
total
10 024
3 070
-
-
Income
106 500
106 500
106 500
106 500
Total tax
34 089
28 572
31 757
31 501
After tax
72 411
77 928
74 743
74 999
Living cost
23 470
23 470
23 470
23 470
Free-cash
48 941
54 458
51 273
51 529

Estimated living cost  is ₽23470 per week

₽14066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6583
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70019
₽49685
₽66941
₽72097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
106 500
unemployment
-
-
-
29
health
-
-
-
3 669
income
-
-
-
10 240
pensions
-
-
-
6 448
total
-
-
-
20 386
Employee

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

23 268
-
96 593
-
income
1 591
-
7 728
-
pensions
3 490
-
14 428
-
unemployment
115
-
481
-
health
1 978
-
8 176
-
total
7 174
-
30 813
-
Employer

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

23 268
-
96 593
-
pensions
1 279
-
5 290
-
health
1 000
-
4 136
-
unemployment
115
-
481
-
total
2 394
-
9 907
-
Corporate
80 837
106 500
-
-
income
7 275
9 586
-
-
total
7 275
9 586
-
-
Dividends
73 561
96 914
-
-
withholding
6 621
8 722
-
-
total
6 621
8 722
-
-
Income
106 500
106 500
106 500
106 500
Total tax
23 464
18 308
40 720
20 386
After tax
83 036
88 192
65 780
86 114
Living cost
16 095
16 095
16 095
16 095
Free-cash
66 941
72 097
49 685
70 019

Estimated living cost  is ₽16095 per week

₽10269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29730
₽28038
₽38552
₽43870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
94
unemployment
-
-
-
658
accident
-
-
-
846
income
-
-
-
20 706
pensions
-
-
-
26 590
total
-
-
-
48 894
Employee
37 483
-
80 755
-
income
7 226
-
19 713
-
pensions
1 762
-
3 795
-
unemployment
581
-
1 252
-
other
37
-
81
-
total
9 606
-
24 841
-
Employer
37 483
-
80 755
-
pensions
8 845
-
19 058
-
other
300
-
646
-
accident
743
-
1 599
-
unemployment
2 062
-
4 442
-
total
11 950
-
25 745
-
Corporate
57 067
106 500
-
-
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.

8 561
15 975
-
-
total
8 561
15 975
-
-
Dividends
48 506
90 525
-
-
withholding
9 955
18 779
-
-
total
9 955
18 779
-
-
Income
106 500
106 500
106 500
106 500
Total tax
40 072
34 754
50 586
48 894
After tax
66 428
71 746
55 914
57 606
Living cost
27 876
27 876
27 876
27 876
Free-cash
38 552
43 870
28 038
29 730

Estimated living cost  is ₽27876 per week

₽18816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64813
₽64616
₽63219
₽63676
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
health
-
-
-
1 470
income
-
-
-
35 410
pensions
-
-
-
2 027
total
-
-
-
38 907
Employee
4 234
-
104 219
-
income
819
-
35 303
-
pensions
381
-
912
-
unemployment
42
-
101
-
health
212
-
507
-
total
1 454
-
36 823
-
Employer
4 234
-
104 219
-
pensions
466
-
1 115
-
health
402
-
963
-
unemployment
85
-
203
-
total
953
-
2 281
-
Corporate
101 314
106 500
-
-
income
22 289
23 430
-
-
total
22 289
23 430
-
-
Dividends
79 025
83 070
-
-
withholding
15 805
16 614
-
-
total
15 805
16 614
-
-
Income
106 500
106 500
106 500
106 500
Total tax
40 501
40 044
39 104
38 907
After tax
65 999
66 456
67 396
67 593
Living cost
2 780
2 780
2 780
2 780
Free-cash
63 219
63 676
64 616
64 813

Estimated living cost  is ₽2780 per week

₽1652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽39422
₽39421
₽54422
₽59409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
unemployment
-
-
-
1 124
health
-
-
-
7 719
income
-
-
-
21 213
pensions
-
-
-
19 485
total
-
-
-
49 541
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.

26 445
-
93 085
-
income
3 645
-
21 213
-
pensions
3 702
-
10 492
-
unemployment
198
-
562
-
health
1 362
-
3 860
-
total
8 907
-
36 127
-
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.

26 445
-
93 085
-
pensions
3 173
-
8 993
-
health
1 362
-
3 860
-
unemployment
198
-
562
-
total
4 733
-
13 415
-
Corporate
75 321
106 500
-
-
income
11 298
15 975
-
-
total
11 298
15 975
-
-
Dividends
64 023
90 525
-
-
withholding
9 603
13 579
-
-
total
9 603
13 579
-
-
Income
106 500
106 500
106 500
106 500
Total tax
34 541
29 554
49 542
49 541
After tax
71 959
76 946
56 958
56 959
Living cost
17 537
17 537
17 537
17 537
Free-cash
54 422
59 409
39 421
39 422

Estimated living cost  is ₽17537 per week

₽11808
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31984
₽26256
₽32882
₽33248
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
social contributions

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

-
-
-
37 008
income
-
-
-
10 179
surtax
-
-
-
-
total
-
-
-
47 187
Employee
39 345
-
86 061
-
income
7 688
-
23 009
-
social contributions
4 328
-
9 467
-
surtax
-
-
-
-
total
12 016
-
32 476
-
Employer
39 345
-
86 061
-
social contributions
9 343
-
20 439
-
total
9 343
-
20 439
-
Corporate
57 812
106 500
-
-
surtax
-
-
-
-
income
12 141
22 365
-
-
total
12 141
22 365
-
-
Dividends
45 671
84 135
-
-
withholding
12 789
23 558
-
-
total
12 789
23 558
-
-
Income
106 500
106 500
106 500
106 500
Total tax
46 289
45 923
52 915
47 187
After tax
60 211
60 577
53 585
59 313
Living cost
27 329
27 329
27 329
27 329
Free-cash
32 882
33 248
26 256
31 984

Estimated living cost  is ₽27329 per week

₽19356
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and 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 Porto model

Close
Madrid , Spain
₽21980
₽20288
₽28387
₽36120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
94
unemployment
-
-
-
658
accident
-
-
-
846
income
-
-
-
20 706
pensions
-
-
-
26 590
total
-
-
-
48 894
Employee
48 958
-
80 755
-
income
10 226
-
19 713
-
pensions
2 301
-
3 795
-
unemployment
758
-
1 252
-
other
48
-
81
-
total
13 333
-
24 841
-
Employer
48 958
-
80 755
-
pensions
11 554
-
19 058
-
other
392
-
646
-
accident
970
-
1 599
-
unemployment
2 693
-
4 442
-
total
15 609
-
25 745
-
Corporate
41 933
106 500
-
-
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.

6 291
15 975
-
-
total
6 291
15 975
-
-
Dividends
35 643
90 525
-
-
withholding
7 254
18 779
-
-
total
7 254
18 779
-
-
Income
106 500
106 500
106 500
106 500
Total tax
42 487
34 754
50 586
48 894
After tax
64 013
71 746
55 914
57 606
Living cost
35 626
35 626
35 626
35 626
Free-cash
28 387
36 120
20 288
21 980

Estimated living cost  is ₽35626 per week

₽25585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63646
₽67049
₽67453
₽73629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
unemployment
-
-
-
142
health
-
-
-
4 070
income
-
-
-
15 975
pensions

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

-
-
-
5 238
total
-
-
-
25 425
Employee
23 079
-
99 557
-
income
2 308
-
9 955
-
pensions

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

2 026
-
3 107
-
health
1 062
-
1 628
-
accident

We are using the highest rate at 1.1%.

254
-
389
-
total
5 650
-
15 079
-
Employer
23 079
-
99 557
-
pensions

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

2 543
-
3 900
-
accident

We are using the highest rate at 1.1%.

254
-
389
-
health
1 593
-
2 442
-
unemployment
139
-
212
-
total
4 529
-
6 943
-
Corporate
78 894
106 500
-
-
income
7 889
10 650
-
-
total
7 889
10 650
-
-
Dividends
71 004
95 850
-
-
withholding
3 550
4 792
-
-
total
3 550
4 792
-
-
Income
106 500
106 500
106 500
106 500
Total tax
21 618
15 442
22 022
25 425
After tax
84 882
91 058
84 478
81 075
Living cost
17 429
17 429
17 429
17 429
Free-cash
67 453
73 629
67 049
63 646

Estimated living cost  is ₽17429 per week

₽11527
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27499
₽36019
₽29052
₽15792
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
trade
-
-
-
8 520
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.

-
-
-
6 925
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.

-
-
-
23 146
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.

-
-
-
1 273
total
-
-
-
39 864
Employee

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

50 439
-
106 500
-
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.

229
-
1 273
-
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.

4 148
-
23 146
-
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.

6 925
-
6 925
-
total
11 302
-
31 344
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 061
106 500
-
-
trade
8 045
15 282
-
-
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.

462
879
-
-
income
8 409
15 975
-
-
chamber of commerce
237
310
-
-
total
17 153
32 446
-
-
Dividends
38 910
74 055
-
-
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.

514
996
-
-
withholding
9 342
18 129
-
-
total
9 856
19 125
-
-
Income
106 500
106 500
106 500
106 500
Total tax
38 311
51 571
31 344
39 864
After tax
68 189
54 929
75 156
66 636
Living cost
39 137
39 137
39 137
39 137
Free-cash
29 052
15 792
36 019
27 499

Estimated living cost  is ₽39137 per week

₽26997
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4211
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13331
₽13331
₽19041
₽16805
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
9 578
income
-
-
-
25 845
total
-
-
-
35 423
Employee
79 295
-
106 500
-
social contributions
6 588
-
9 578
-
income
14 963
-
25 845
-
total
21 551
-
35 423
-
Employer
79 295
-
106 500
-
total
-
-
-
-
Corporate
27 205
106 500
-
-
income
3 401
13 312
-
-
total
3 401
13 312
-
-
Dividends
23 804
93 188
-
-
withholding
4 761
18 637
-
-
total
4 761
18 637
-
-
Income
106 500
106 500
106 500
106 500
Total tax
29 713
31 949
35 423
35 423
After tax
76 787
74 551
71 077
71 077
Living cost
57 746
57 746
57 746
57 746
Free-cash
19 041
16 805
13 331
13 331

Estimated living cost  is ₽57746 per week

₽43932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34086
₽41499
₽30614
₽27070
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
health

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

-
-
-
6 760
income
-
-
-
28 856
total
-
-
-
35 616
Employee
46 503
-
101 837
-
social contributions
4 659
-
4 663
-
income
5 046
-
18 877
-
total
9 705
-
23 540
-
Employer
46 503
-
101 837
-
social contributions
4 659
-
4 663
-
total
4 659
-
4 663
-
Corporate
55 338
106 500
-
-
income
19 368
37 276
-
-
total
19 368
37 276
-
-
Dividends
35 970
69 224
-
-
social contributions
5 356
5 356
-
-
total
5 356
5 356
-
-
Income
106 500
106 500
106 500
106 500
Total tax
39 088
42 632
28 203
35 616
After tax
67 412
63 868
78 297
70 884
Living cost
36 798
36 798
36 798
36 798
Free-cash
30 614
27 070
41 499
34 086

Estimated living cost  is ₽36798 per week

₽24239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38176
₽28593
₽36049
₽39673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
income
-
-
-
22 622
pensions
-
-
-
7 726
total
-
-
-
30 348
Employee
52 128
-
93 715
-
income
9 493
-
16 642
-
pensions
3 979
-
8 971
-
health
680
-
1 533
-
total
14 152
-
27 146
-
Employer
52 128
-
93 715
-
pensions
5 267
-
11 004
-
health
991
-
1 781
-
total
6 258
-
12 785
-
Corporate
48 115
106 500
-
-
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.

9 142
20 235
-
-
total
9 142
20 235
-
-
Dividends
38 973
86 265
-
-
withholding
2 923
8 616
-
-
total
2 923
8 616
-
-
Income
106 500
106 500
106 500
106 500
Total tax
32 475
28 851
39 931
30 348
After tax
74 025
77 649
66 569
76 152
Living cost
37 976
37 976
37 976
37 976
Free-cash
36 049
39 673
28 593
38 176

Estimated living cost  is ₽37976 per week

₽26051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽48976
₽31247
₽4932
-₽15459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
other
-
-
-
375
accident
-
-
-
255
health
-
-
-
2 205
income
-
-
-
26 397
pensions
-
-
-
4 207
total
-
-
-
33 439
Employee
37 886
-
91 588
-
income
5 198
-
18 054
-
pensions
4 266
-
7 714
-
health
4 338
-
10 487
-
total
13 802
-
36 255
-
Employer
37 886
-
91 588
-
pensions
6 160
-
11 139
-
accident
633
-
1 530
-
unemployment
928
-
2 244
-
total
7 721
-
14 913
-
Corporate
60 893
106 500
-
-
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.

54 803
95 850
-
-
total
54 803
95 850
-
-
Dividends
6 089
10 650
-
-
withholding
1 157
2 024
-
-
total
1 157
2 024
-
-
Income
106 500
106 500
106 500
106 500
Total tax
77 483
97 874
51 168
33 439
After tax
29 017
8 626
55 332
73 061
Living cost
24 085
24 085
24 085
24 085
Free-cash
4 932
-15 459
31 247
48 976

Estimated living cost  is ₽24085 per week

₽17676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1403
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47053
₽54057
₽71908
₽75931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
106 500
work injury
-
-
-
533
unemployment
-
-
-
1 278
income
-
-
-
16 470
health insurance
-
-
-
7 881
pensions
-
-
-
19 596
total
-
-
-
45 758
Employee

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

21 902
-
106 500
-
income
2 190
-
16 470
-
work injury
109
-
405
-
pensions
4 030
-
14 910
-
unemployment
263
-
972
-
health insurance
1 621
-
5 997
-
total
8 213
-
38 754
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
84 598
106 500
-
-
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%.

-
1 065
-
-
total
-
1 065
-
-
Dividends
84 598
105 435
-
-
withholding
12 690
15 815
-
-
total
12 690
15 815
-
-
Income
106 500
106 500
106 500
106 500
Total tax
20 903
16 880
38 754
45 758
After tax
85 597
89 620
67 746
60 742
Living cost
13 689
13 689
13 689
13 689
Free-cash
71 908
75 931
54 057
47 053

Estimated living cost  is ₽13689 per week

₽8480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12854
₽7984
₽11100
₽15714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
106 500
social contributions
-
-
-
27 392
municipal
-
-
-
712
national
-
-
-
22 983
regional
-
-
-
2 175
total
-
-
-
53 262
Employee
85 422
-
106 500
-
national
14 436
-
19 745
-
social contributions
28 804
-
35 912
-
municipal
510
-
635
-
regional
1 290
-
1 840
-
total
45 040
-
58 132
-
Employer
85 422
-
106 500
-
total
-
-
-
-
Corporate
21 078
106 500
-
-
nationa
5 059
25 560
-
-
municipal
1 016
5 132
-
-
total
6 075
30 692
-
-
Dividends
15 003
75 807
-
-
withholding
3 901
19 710
-
-
total
3 901
19 710
-
-
Income
106 500
106 500
106 500
106 500
Total tax
55 016
50 402
58 132
53 262
After tax
51 484
56 098
48 368
53 238
Living cost
40 384
40 384
40 384
40 384
Free-cash
11 100
15 714
7 984
12 854

Estimated living cost  is ₽40384 per week

₽28367
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8628
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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