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
₽ 108500
per

Your estimated
City
free-cash

Dresden , Germany
₽24391
₽36007
₽45735
₽35508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
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.

-
-
-
24 125
trade
-
-
-
9 728
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.

-
-
-
6 867
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.

-
-
-
1 328
total
-
-
-
42 048
Employee

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

38 444
-
108 500
-
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.

1 074
-
24 125
-
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.

6 867
-
6 867
-
surtax

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

59
-
1 328
-
total
8 000
-
32 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 056
108 500
-
-
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.

578
895
-
-
trade
11 034
17 089
-
-
chamber of commerce
254
309
-
-
income
10 508
16 274
-
-
total
22 374
34 567
-
-
Dividends
47 682
73 934
-
-
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.

635
996
-
-
withholding
11 538
18 101
-
-
total
12 173
19 097
-
-
Income
108 500
108 500
108 500
108 500
Total tax
42 547
53 664
32 320
42 048
After tax
65 953
54 836
76 180
66 452
Living cost
30 445
30 445
30 445
30 445
Free-cash
35 508
24 391
45 735
36 007

Estimated living cost  is ₽30445 per week

₽19151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3550
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17054
₽14578
₽15429
₽16212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
municipal
-
-
-
11 408
social contributions
-
-
-
1 166
pensions
-
-
-
13 020
national
-
-
-
17 678
total
-
-
-
43 272
Employee
78 516
-
93 797
-
municipal
9 698
-
11 828
-
pensions
3 141
-
3 752
-
national
15 028
-
18 329
-
total
27 867
-
33 909
-
Employer
78 516
-
93 797
-
social contributions
844
-
1 008
-
pensions
6 281
-
7 504
-
total
7 125
-
8 512
-
Corporate
17 676
108 500
-
-
income

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

3 535
21 700
-
-
total
3 535
21 700
-
-
Dividends
14 141
86 800
-
-
withholding
3 111
19 096
-
-
total
3 111
19 096
-
-
Income
108 500
108 500
108 500
108 500
Total tax
41 638
40 796
42 421
43 272
After tax
66 862
67 704
66 079
65 228
Living cost
50 650
50 650
50 650
50 650
Free-cash
16 212
17 054
15 429
14 578

Estimated living cost  is ₽50650 per week

₽34426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽758
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65888
₽36919
₽40154
₽57644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
15 787
microenterprise
-
-
-
-
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.

-
-
-
34 883
surtax
-
-
-
-
total
-
-
-
50 670
Employee
29 370
-
87 436
-
income
5 228
-
16 754
-
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.

3 231
-
9 617
-
surtax
-
-
-
-
total
8 459
-
26 371
-
Employer
29 370
-
87 436
-
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.

7 075
-
21 064
-
surtax
-
-
-
-
total
7 075
-
21 064
-
Corporate
72 055
108 500
-
-
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%.

14 411
21 701
-
-
total
14 411
21 701
-
-
Dividends

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

57 644
86 799
-
-
total
-
-
-
-
Income
108 500
108 500
108 500
108 500
Total tax
29 945
21 701
47 435
50 670
After tax
78 555
86 799
61 065
57 830
Living cost
20 911
20 911
20 911
20 911
Free-cash
57 644
65 888
40 154
36 919

Estimated living cost  is ₽20911 per week

₽13341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1991
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.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10589
₽19539
₽12824
₽4432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
22 685
health
-
-
-
12 394
pensions
-
-
-
11 776
total
-
-
-
46 855
Employee
85 834
85 834
92 333
-
pensions
15 450
11 776
11 776
-
income

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

14 050
14 050
14 050
-
health
13 175
11 206
11 576
-
total
42 675
37 032
37 402
-
Employer
85 834
85 834
92 333
-
unemployment
3 090
3 090
3 325
-
health
5 966
5 966
6 417
-
pensions
5 974
5 974
6 426
-
total
15 030
15 030
16 168
-
Corporate
8 688
7 636
-
-
income
1 738
1 528
-
-
total
1 738
1 528
-
-
Dividends
6 951
6 108
-
-
income
1 476
1 299
-
-
withholding
1 043
916
-
-
total
2 519
2 215
-
-
Income
108 500
108 500
108 500
108 500
Total tax
61 962
55 805
53 570
46 855
After tax
46 538
52 695
54 930
61 645
Living cost
42 106
42 106
42 106
42 106
Free-cash
4 432
10 589
12 824
19 539

Estimated living cost  is ₽42106 per week

₽29840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20307
₽19221
₽18609
₽19433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
unemployment
-
-
-
85
other
-
-
-
9 915
health
-
-
-
5 325
municipal
-
-
-
24 983
national
-
-
-
642
pensions
-
-
-
9 224
accident
-
-
-
171
total
-
-
-
50 345
Employee
55 478
-
82 560
-
municipal
16 543
-
24 619
-
national
-
-
398
-
total
16 543
-
25 017
-
Employer
55 478
-
82 560
-
accident
111
-
165
-
unemployment
1 465
-
2 180
-
health
3 412
-
5 077
-
pensions
5 997
-
8 925
-
other
6 447
-
9 593
-
total
17 432
-
25 940
-
Corporate
35 591
108 500
-
-
income
7 830
23 870
-
-
total
7 830
23 870
-
-
Dividends
27 761
84 630
-
-
withholding
8 328
25 389
-
-
total
8 328
25 389
-
-
Income
108 500
108 500
108 500
108 500
Total tax
50 133
49 259
50 957
50 345
After tax
58 367
59 241
57 543
58 155
Living cost
38 934
38 934
38 934
38 934
Free-cash
19 433
20 307
18 609
19 221

Estimated living cost  is ₽38934 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3821
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.
₽8718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14791
₽26533
₽36694
₽28916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
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.

-
-
-
24 125
trade
-
-
-
10 161
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.

-
-
-
6 867
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.

-
-
-
1 328
total
-
-
-
42 481
Employee

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

50 972
-
108 500
-
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.

4 379
-
24 125
-
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.

6 867
-
6 867
-
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.

240
-
1 328
-
total
11 486
-
32 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 528
108 500
-
-
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.

475
895
-
-
trade
9 463
17 848
-
-
chamber of commerce
235
307
-
-
income
8 629
16 274
-
-
total
18 802
35 324
-
-
Dividends
38 726
73 176
-
-
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.

511
986
-
-
withholding
9 299
17 913
-
-
total
9 810
18 899
-
-
Income
108 500
108 500
108 500
108 500
Total tax
40 098
54 223
32 320
42 481
After tax
68 402
54 277
76 180
66 019
Living cost
39 486
39 486
39 486
39 486
Free-cash
28 916
14 791
36 694
26 533

Estimated living cost  is ₽39486 per week

₽26408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46774
₽43741
₽43171
₽42605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
13 127
health
-
-
-
2 768
social contributions
-
-
-
16 263
total
-
-
-
32 158
Employee
77 290
77 290
98 503
-
income
8 116
7 155
12 881
-
health
769
1 314
1 675
-
social contributions
3 756
6 415
8 175
-
total
12 641
14 884
22 731
-
Employer
77 290
77 290
98 503
-
social contributions
3 756
6 415
8 175
-
health
837
1 431
1 822
-
total
4 593
7 846
9 997
-
Corporate
58 665
23 365
-
-
income
7 334
2 920
-
-
total
7 334
2 920
-
-
Dividends
51 331
20 445
-
-
withholding
8 726
3 475
-
-
total
8 726
3 475
-
-
Income
108 500
108 500
108 500
108 500
Total tax
33 294
29 125
32 728
32 158
After tax
75 206
79 375
75 772
76 342
Living cost
32 601
32 601
32 601
32 601
Free-cash
42 605
46 774
43 171
43 741

Estimated living cost  is ₽32601 per week

₽22286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42884
₽56956
₽44691
₽43265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
13 264
unemployment
-
-
-
1 628
health
-
-
-
7 595
pensions
-
-
-
10 850
total
-
-
-
33 337
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.

26 282
10 460
90 795
-
pensions
2 628
1 046
9 079
-
unemployment
394
157
1 362
-
income
3 213
1 279
11 100
-
health
1 840
732
6 356
-
total
8 075
3 214
27 897
-
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.

26 282
10 460
90 795
-
pensions
5 125
2 040
17 705
-
total
5 125
2 040
17 705
-
Corporate
77 093
96 001
-
-
income
6 938
8 640
-
-
total
6 938
8 640
-
-
Dividends
70 155
87 361
-
-
withholding
13 329
16 599
-
-
social contributions
13 561
16 916
-
-
total
26 890
33 515
-
-
Income
108 500
108 500
108 500
108 500
Total tax
47 028
47 409
45 602
33 337
After tax
61 472
61 091
62 898
75 163
Living cost
18 207
18 207
18 207
18 207
Free-cash
43 265
42 884
44 691
56 956

Estimated living cost  is ₽18207 per week

₽12424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62521
₽33880
₽38259
₽56279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
14 538
health
-
-
-
14 105
pensions
-
-
-
21 699
total
-
-
-
50 342
Employee
28 514
-
81 090
-
pensions
570
-
1 621
-
unemployment
456
-
1 297
-
income
3 210
-
15 635
-
total
4 236
-
18 553
-
Employer
28 514
-
81 090
-
unemployment
229
-
649
-
health
3 706
-
10 542
-
pensions
5 703
-
16 219
-
total
9 638
-
27 410
-
Corporate
70 348
108 500
-
-
income
14 069
21 701
-
-
total
14 069
21 701
-
-
Dividends
56 279
86 799
-
-
total
-
-
-
-
Income
108 500
108 500
108 500
108 500
Total tax
27 943
21 701
45 963
50 342
After tax
80 557
86 799
62 537
58 158
Living cost
24 278
24 278
24 278
24 278
Free-cash
56 279
62 521
38 259
33 880

Estimated living cost  is ₽24278 per week

₽16652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5692
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13247
₽52380
₽34512
₽5408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
27 108
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
34 084
Employee
34 664
-
93 608
-
pensions
3 903
-
7 642
-
income
4 756
-
18 700
-
health
3 969
-
10 718
-
total
12 628
-
37 060
-
Employer
34 664
-
93 608
-
accident
579
-
1 563
-
unemployment
849
-
2 294
-
pensions
5 637
-
11 035
-
total
7 065
-
14 892
-
Corporate
66 771
108 500
-
-
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.

60 094
97 650
-
-
total
60 094
97 650
-
-
Dividends
6 677
10 850
-
-
withholding
1 269
2 061
-
-
total
1 269
2 061
-
-
Income
108 500
108 500
108 500
108 500
Total tax
81 056
99 711
51 952
34 084
After tax
27 444
8 789
56 548
74 416
Living cost
22 036
22 036
22 036
22 036
Free-cash
5 408
-13 247
34 512
52 380

Estimated living cost  is ₽22036 per week

₽16151
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽93930
₽98270
₽77655
₽92216
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
108 500
microenterprise

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

-
-
-
1 085
total
-
-
-
1 085
Employee
11 431
-
108 500
-
income
2 286
-
21 700
-
total
2 286
-
21 700
-
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%.

97 069
108 500
-
-
total
-
-
-
-
Dividends
97 069
108 500
-
-
withholding
4 853
5 425
-
-
total
4 853
5 425
-
-
Income
108 500
108 500
108 500
108 500
Total tax
7 139
5 425
21 700
1 085
After tax
101 361
103 075
86 800
107 415
Living cost
9 145
9 145
9 145
9 145
Free-cash
92 216
93 930
77 655
98 270

Estimated living cost  is ₽9145 per week

₽5667
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽251
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52932
₽31869
₽36358
₽46145
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
13 880
other
-
-
-
5 154
health
-
-
-
4 774
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.

-
-
-
26 040
total
-
-
-
49 848
Employee
36 495
-
86 662
-
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.

2 554
-
6 066
-
unemployment
364
-
866
-
income
6 283
-
15 376
-
health
511
-
1 213
-
total
9 712
-
23 521
-
Employer
36 495
-
86 662
-
accident
292
-
692
-
unemployment
364
-
866
-
health
511
-
1 213
-
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.

6 205
-
14 733
-
other
1 825
-
4 334
-
total
9 197
-
21 838
-
Corporate
62 807
108 500
-
-
income
13 190
22 784
-
-
total
13 190
22 784
-
-
Dividends
49 617
85 716
-
-
withholding
3 473
6 001
-
-
total
3 473
6 001
-
-
Income
108 500
108 500
108 500
108 500
Total tax
35 572
28 785
45 359
49 848
After tax
72 928
79 715
63 141
58 652
Living cost
26 783
26 783
26 783
26 783
Free-cash
46 145
52 932
36 358
31 869

Estimated living cost  is ₽26783 per week

₽18924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10747
₽9378
-₽285
-₽643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
23 556
pensions
-
-
-
7 724
total
-
-
-
31 280
Employee
95 987
-
95 429
-
pensions
9 260
-
9 193
-
income
17 303
-
17 110
-
health
1 582
-
1 571
-
total
28 145
-
27 874
-
Employer
95 987
-
95 429
-
health
1 823
-
1 814
-
pensions
11 333
-
11 255
-
total
13 156
-
13 069
-
Corporate
-
108 500
-
-
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.

-
20 616
-
-
total
-
20 616
-
-
Dividends
-
87 884
-
-
withholding
-
9 295
-
-
total
-
9 295
-
-
Income
108 500
108 500
108 500
108 500
Total tax
41 301
29 911
40 943
31 280
After tax
67 199
78 589
67 557
77 220
Living cost
67 842
67 842
67 842
67 842
Free-cash
-643
10 747
-285
9 378

Estimated living cost  is ₽67842 per week

₽50835
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7971
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.
₽8485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽79602
₽69696
₽73213
₽74939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
16 275
unemployment
-
-
-
140
health
-
-
-
4 033
pensions

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

-
-
-
5 191
total
-
-
-
25 639
Employee
17 432
-
101 619
-
pensions

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

1 531
-
3 080
-
income
1 743
-
10 162
-
health
802
-
1 613
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
total
4 268
-
15 241
-
Employer
17 432
-
101 619
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
health
1 203
-
2 420
-
pensions

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

1 921
-
3 865
-
total
3 420
-
6 881
-
Corporate
87 648
108 500
-
-
income
8 764
10 850
-
-
total
8 764
10 850
-
-
Dividends
78 883
97 650
-
-
withholding
3 944
4 883
-
-
total
3 944
4 883
-
-
Income
108 500
108 500
108 500
108 500
Total tax
20 396
15 733
22 122
25 639
After tax
88 104
92 767
86 378
82 861
Living cost
13 165
13 165
13 165
13 165
Free-cash
74 939
79 602
73 213
69 696

Estimated living cost  is ₽13165 per week

₽7686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3041
₽5909
-₽806
-₽1004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
22 685
health
-
-
-
12 394
pensions
-
-
-
11 776
total
-
-
-
46 855
Employee
93 188
85 834
92 333
-
pensions
11 776
11 776
11 776
-
income

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

14 050
14 050
14 050
-
health
11 626
11 206
11 576
-
total
37 452
37 032
37 402
-
Employer
93 188
85 834
92 333
-
unemployment
3 355
3 090
3 325
-
health
6 476
5 966
6 417
-
pensions
6 485
5 974
6 426
-
total
16 316
15 030
16 168
-
Corporate
-
7 636
-
-
income
-
1 528
-
-
total
-
1 528
-
-
Dividends
-
6 108
-
-
income
-
1 299
-
-
withholding
-
916
-
-
total
-
2 215
-
-
Income
108 500
108 500
108 500
108 500
Total tax
53 768
55 805
53 570
46 855
After tax
54 732
52 695
54 930
61 645
Living cost
55 736
55 736
55 736
55 736
Free-cash
-1 004
-3 041
-806
5 909

Estimated living cost  is ₽55736 per week

₽41114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50679
₽28822
₽31038
₽42110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
9 326
health
-
-
-
14 647
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 682
total
-
-
-
55 655
Employee
35 327
-
80 970
-
solidarity contribution
-
-
-
-
income
4 239
-
9 716
-
health
4 769
-
10 931
-
social contributions
2 296
-
5 263
-
total
11 304
-
25 910
-
Employer
35 327
-
80 970
-
social contributions
8 832
-
20 242
-
health
3 179
-
7 287
-
total
12 011
-
27 529
-
Corporate
61 161
108 500
-
-
income
11 621
20 615
-
-
total
11 621
20 615
-
-
Dividends
49 541
87 885
-
-
withholding
7 431
13 183
-
-
total
7 431
13 183
-
-
Income
108 500
108 500
108 500
108 500
Total tax
42 367
33 798
53 439
55 655
After tax
66 133
74 702
55 061
52 845
Living cost
24 023
24 023
24 023
24 023
Free-cash
42 110
50 679
31 038
28 822

Estimated living cost  is ₽24023 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15477
₽12719
₽7555
₽10227
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
municipal
-
-
-
645
regional
-
-
-
1 211
social contributions
-
-
-
27 906
national
-
-
-
23 606
total
-
-
-
53 368
Employee
89 330
-
108 500
-
municipal
473
-
576
-
national
15 479
-
20 308
-
social contributions
30 122
-
36 586
-
regional
843
-
1 062
-
total
46 917
-
58 532
-
Employer
89 330
-
108 500
-
total
-
-
-
-
Corporate
19 170
108 500
-
-
municipal
748
4 231
-
-
nationa
4 601
26 040
-
-
total
5 349
30 271
-
-
Dividends
13 822
78 229
-
-
withholding
3 594
20 339
-
-
total
3 594
20 339
-
-
Income
108 500
108 500
108 500
108 500
Total tax
55 860
50 610
58 532
53 368
After tax
52 640
57 890
49 968
55 132
Living cost
42 413
42 413
42 413
42 413
Free-cash
10 227
15 477
7 555
12 719

Estimated living cost  is ₽42413 per week

₽29565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46066
₽32589
₽30709
₽42936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 375
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
7 704
pensions
-
-
-
21 701
surtax
-
-
-
2 722
total
-
-
-
53 731
Employee
33 239
-
89 632
-
pensions
2 216
-
5 978
-
unemployment
2 314
-
6 239
-
other
-
-
-
-
income
5 572
-
19 788
-
health
849
-
2 285
-
surtax
109
-
2 453
-
total
11 060
-
36 743
-
Employer
33 239
-
89 632
-
unemployment
1 053
-
2 842
-
health
1 513
-
4 078
-
pensions
4 431
-
11 948
-
other
-
-
-
-
total
6 997
-
18 868
-
Corporate
68 265
108 500
-
-
income
17 749
28 211
-
-
total
17 749
28 211
-
-
Dividends
50 516
80 289
-
-
withholding
7 578
12 043
-
-
total
7 578
12 043
-
-
Income
108 500
108 500
108 500
108 500
Total tax
43 384
40 254
55 611
53 731
After tax
65 116
68 246
52 889
54 769
Living cost
22 180
22 180
22 180
22 180
Free-cash
42 936
46 066
30 709
32 589

Estimated living cost  is ₽22180 per week

₽13562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2047
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32241
₽30872
₽21209
₽26962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
23 556
pensions
-
-
-
7 724
total
-
-
-
31 280
Employee
64 328
-
95 429
-
pensions
5 460
-
9 193
-
income
11 586
-
17 110
-
health
934
-
1 571
-
total
17 980
-
27 874
-
Employer
64 328
-
95 429
-
health
1 222
-
1 814
-
pensions
6 963
-
11 255
-
total
8 185
-
13 069
-
Corporate
35 987
108 500
-
-
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.

6 838
20 616
-
-
total
6 838
20 616
-
-
Dividends
29 148
87 884
-
-
withholding
2 187
9 295
-
-
total
2 187
9 295
-
-
Income
108 500
108 500
108 500
108 500
Total tax
35 190
29 911
40 943
31 280
After tax
73 310
78 589
67 557
77 220
Living cost
46 348
46 348
46 348
46 348
Free-cash
26 962
32 241
21 209
30 872

Estimated living cost  is ₽46348 per week

₽34724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3474
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.
₽7665
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽26944
₽13630
₽8248
₽5810
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
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.

-
-
-
2 171
health
-
-
-
250
regional
-
-
-
3 948
city
-
-
-
1 144
pensions
-
-
-
9 981
national
-
-
-
816
total
-
-
-
18 310
Employee
89 595
-
97 113
-
city
962
-
1 044
-
pensions
7 527
-
8 158
-
unemployment
-
-
-
-
national
424
-
594
-
health
203
-
218
-
regional
2 934
-
3 359
-
total
12 050
-
13 373
-
Employer
89 595
-
97 113
-
unemployment
-
-
-
-
health
203
-
218
-
pensions
7 527
-
8 158
-
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.

1 791
-
1 943
-
total
9 521
-
10 319
-
Corporate
8 399
108 500
-
-
national
714
9 222
-
-
regional
1 776
22 947
-
-
total
2 490
32 169
-
-
Dividends
5 910
76 331
-
-
withholding
2 069
26 715
-
-
total
2 069
26 715
-
-
Income
108 500
108 500
108 500
108 500
Total tax
26 130
58 884
23 692
18 310
After tax
82 370
49 616
84 808
90 190
Living cost
76 560
76 560
76 560
76 560
Free-cash
5 810
-26 944
8 248
13 630

Estimated living cost  is ₽76560 per week

₽49786
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽940
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7675
₽19541
₽30135
₽23974
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
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.

-
-
-
24 125
trade
-
-
-
10 594
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.

-
-
-
6 867
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.

-
-
-
1 328
total
-
-
-
42 914
Employee

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

60 406
-
108 500
-
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.

7 103
-
24 125
-
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.

6 867
-
6 867
-
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.

391
-
1 328
-
total
14 361
-
32 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 094
108 500
-
-
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.

397
895
-
-
trade
8 248
18 607
-
-
chamber of commerce
219
305
-
-
income
7 214
16 274
-
-
total
16 078
36 081
-
-
Dividends
32 016
72 419
-
-
surtax

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

420
975
-
-
withholding
7 622
17 724
-
-
total
8 042
18 699
-
-
Income
108 500
108 500
108 500
108 500
Total tax
38 481
54 780
32 320
42 914
After tax
70 019
53 720
76 180
65 586
Living cost
46 045
46 045
46 045
46 045
Free-cash
23 974
7 675
30 135
19 541

Estimated living cost  is ₽46045 per week

₽33630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20294
₽27866
₽32801
₽26231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
11 463
other
-
-
-
3 363
health
-
-
-
2 449
social contributions
-
-
-
3 090
pensions
-
-
-
25 880
surtax
-
-
-
-
total
-
-
-
46 245
Employee
43 018
-
87 684
-
pensions
4 864
-
4 461
-
income
2 539
-
13 534
-
social contributions
1 226
-
2 499
-
surtax
-
-
-
-
total
8 629
-
20 494
-
Employer
43 018
-
87 684
-
social contributions
130
-
263
-
unemployment
1 741
-
3 552
-
health
3 012
-
6 176
-
pensions
7 067
-
7 800
-
other
1 484
-
3 025
-
total
13 434
-
20 816
-
Corporate
52 048
108 500
-
-
surtax
-
-
-
-
income
14 573
30 380
-
-
total
14 573
30 380
-
-
Dividends
37 475
78 120
-
-
surtax
-
-
-
-
withholding
4 797
9 999
-
-
social contributions
6 447
13 438
-
-
total
11 244
23 437
-
-
Income
108 500
108 500
108 500
108 500
Total tax
47 880
53 817
41 310
46 245
After tax
60 620
54 683
67 190
62 255
Living cost
34 389
34 389
34 389
34 389
Free-cash
26 231
20 294
32 801
27 866

Estimated living cost  is ₽34389 per week

₽21684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2796
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23701
₽31273
₽36208
₽29284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
11 463
other
-
-
-
3 363
health
-
-
-
2 449
social contributions
-
-
-
3 090
pensions
-
-
-
25 880
surtax
-
-
-
-
total
-
-
-
46 245
Employee
38 400
-
87 684
-
pensions
4 343
-
4 461
-
income
1 980
-
13 534
-
social contributions
1 095
-
2 499
-
surtax
-
-
-
-
total
7 418
-
20 494
-
Employer
38 400
-
87 684
-
social contributions
114
-
263
-
unemployment
1 555
-
3 552
-
health
2 688
-
6 176
-
pensions
6 310
-
7 800
-
other
1 326
-
3 025
-
total
11 993
-
20 816
-
Corporate
58 108
108 500
-
-
surtax
-
-
-
-
income
16 270
30 380
-
-
total
16 270
30 380
-
-
Dividends
41 838
78 120
-
-
surtax
-
-
-
-
withholding
5 356
9 999
-
-
social contributions
7 197
13 438
-
-
total
12 553
23 437
-
-
Income
108 500
108 500
108 500
108 500
Total tax
48 234
53 817
41 310
46 245
After tax
60 266
54 683
67 190
62 255
Living cost
30 982
30 982
30 982
30 982
Free-cash
29 284
23 701
36 208
31 273

Estimated living cost  is ₽30982 per week

₽17968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3147
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.
₽9280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44881
₽48368
₽48143
₽45403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
16 274
health
-
-
-
7 572
social contributions
-
-
-
14 973
total
-
-
-
38 819
Employee
34 080
-
108 500
-
income
5 684
-
16 499
-
health
2 379
-
7 572
-
social contributions
4 704
-
14 973
-
total
12 767
-
39 044
-
Employer
34 080
-
108 500
-
total
-
-
-
-
Corporate
74 420
108 500
-
-
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%.

3 721
5 425
-
-
total
3 721
5 425
-
-
Dividends
70 699
103 075
-
-
withholding
10 605
15 462
-
-
social contributions
9 756
14 224
-
-
health
4 935
7 195
-
-
total
25 296
36 881
-
-
Income
108 500
108 500
108 500
108 500
Total tax
41 784
42 306
39 044
38 819
After tax
66 716
66 194
69 456
69 681
Living cost
21 313
21 313
21 313
21 313
Free-cash
45 403
44 881
48 143
48 368

Estimated living cost  is ₽21313 per week

₽14264
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25268
₽18864
-₽3530
₽23716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
19 048
unemployment
-
-
-
6 165
chamber of commerce
-
-
-
435
health
-
-
-
8 301
pensions
-
-
-
20 072
surtax
-
-
-
198
total
-
-
-
54 219
Employee
50 232
40 056
84 096
-
pensions
5 144
4 101
8 612
-
unemployment
1 507
1 202
2 524
-
other
502
401
841
-
income
5 718
2 955
16 907
-
health
1 944
1 551
3 254
-
total
14 815
10 210
32 138
-
Employer
50 232
40 056
84 096
-
accident
652
521
1 093
-
surtax
198
198
198
-
unemployment
1 507
1 202
2 524
-
payroll
1 507
1 202
2 524
-
health
1 898
1 514
3 180
-
pensions
6 304
5 028
10 554
-
chamber of commerce
200
160
336
-
other
2 386
1 902
3 994
-
total
14 652
11 727
24 403
-
Corporate
43 615
56 717
80 284
-
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.

10 905
14 180
20 072
-
total
10 905
14 180
20 072
-
Dividends
32 711
42 538
-
-
withholding
8 995
11 698
-
-
total
8 995
11 698
-
-
Income
108 500
108 500
108 500
108 500
Total tax
49 367
47 815
76 613
54 219
After tax
59 133
60 685
31 887
54 281
Living cost
35 417
35 417
35 417
35 417
Free-cash
23 716
25 268
-3 530
18 864

Estimated living cost  is ₽35417 per week

₽23622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3021
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24174
₽13335
₽5170
₽9099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
communal

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

-
-
-
5 469
social contributions
-
-
-
17 358
national
-
-
-
35 690
total
-
-
-
58 517
Employee

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

71 898
-
84 037
-
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.

5 392
-
6 302
-
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.

626
-
731
-
national
22 104
-
26 854
-
communal

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

3 750
-
4 383
-
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.

3 378
-
3 950
-
total
35 250
-
42 220
-
Employer

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

71 898
-
84 037
-
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.

935
-
1 093
-
surtax
8 152
-
9 529
-
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.

1 049
-
1 226
-
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.

4 421
-
5 167
-
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.

6 371
-
7 447
-
total
20 928
-
24 462
-
Corporate
15 674
108 500
-
-
surtax
63
435
-
-
income
3 136
21 701
-
-
total
3 199
22 136
-
-
Dividends
12 476
86 364
-
-
withholding

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

3 376
25 542
-
-
total
3 376
25 542
-
-
Income
108 500
108 500
108 500
108 500
Total tax
62 753
47 678
66 682
58 517
After tax
45 747
60 822
41 818
49 983
Living cost
36 648
36 648
36 648
36 648
Free-cash
9 099
24 174
5 170
13 335

Estimated living cost  is ₽36648 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3204
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36788
₽22649
₽20441
₽28779
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 604
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
49 552
Employee
50 033
-
82 273
-
pensions
2 352
-
3 866
-
unemployment
776
-
1 276
-
other
50
-
82
-
income
10 557
-
20 309
-
total
13 735
-
25 533
-
Employer
50 033
-
82 273
-
accident
990
-
1 629
-
unemployment
2 752
-
4 524
-
pensions
11 807
-
19 416
-
other
399
-
658
-
total
15 948
-
26 227
-
Corporate
42 519
108 500
-
-
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.

6 378
16 274
-
-
total
6 378
16 274
-
-
Dividends
36 141
92 226
-
-
withholding
7 361
19 139
-
-
total
7 361
19 139
-
-
Income
108 500
108 500
108 500
108 500
Total tax
43 422
35 413
51 760
49 552
After tax
65 078
73 087
56 740
58 948
Living cost
36 299
36 299
36 299
36 299
Free-cash
28 779
36 788
20 441
22 649

Estimated living cost  is ₽36299 per week

₽26731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11503
₽6383
₽10992
₽4268
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
10 457
communal
-
-
-
6 857
health
-
-
-
7 622
pensions
-
-
-
16 263
accident
-
-
-
916
surtax
-
-
-
5 379
total
-
-
-
47 494
Employee
76 118
-
96 918
-
pensions
6 088
-
7 754
-
income
7 352
-
13 295
-
health
3 388
-
4 313
-
surtax
4 666
-
5 940
-
total
21 494
-
31 302
-
Employer
76 118
-
96 918
-
accident
685
-
872
-
health
2 321
-
2 957
-
pensions
6 088
-
7 754
-
total
9 094
-
11 583
-
Corporate
23 288
108 500
-
-
surtax
244
1 139
-
-
communal
-
7 325
-
-
income
3 492
16 274
-
-
total
3 736
24 738
-
-
Dividends
19 551
83 763
-
-
income
12 351
5 072
-
-
withholding
2 934
12 564
-
-
total
15 285
17 636
-
-
Income
108 500
108 500
108 500
108 500
Total tax
49 609
42 374
42 885
47 494
After tax
58 891
66 126
65 615
61 006
Living cost
54 623
54 623
54 623
54 623
Free-cash
4 268
11 503
10 992
6 383

Estimated living cost  is ₽54623 per week

₽40975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3309
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45670
₽32193
₽30313
₽42473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 375
unemployment
-
-
-
229
other
-
-
-
-
health
-
-
-
7 704
pensions
-
-
-
21 701
surtax
-
-
-
2 722
total
-
-
-
53 731
Employee
33 849
-
89 632
-
pensions
2 258
-
5 978
-
unemployment
2 356
-
6 239
-
other
-
-
-
-
income
5 675
-
19 788
-
health
864
-
2 285
-
surtax
120
-
2 453
-
total
11 273
-
36 743
-
Employer
33 849
-
89 632
-
unemployment
1 074
-
2 842
-
health
1 539
-
4 078
-
pensions
4 513
-
11 948
-
other
-
-
-
-
total
7 126
-
18 868
-
Corporate
67 525
108 500
-
-
income
17 556
28 211
-
-
total
17 556
28 211
-
-
Dividends
49 969
80 289
-
-
withholding
7 496
12 043
-
-
total
7 496
12 043
-
-
Income
108 500
108 500
108 500
108 500
Total tax
43 451
40 254
55 611
53 731
After tax
65 049
68 246
52 889
54 769
Living cost
22 576
22 576
22 576
22 576
Free-cash
42 473
45 670
30 313
32 193

Estimated living cost  is ₽22576 per week

₽13630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6460
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29955
₽27632
₽22494
₽27723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
municipal
-
-
-
645
regional
-
-
-
1 635
social contributions
-
-
-
27 906
national
-
-
-
23 606
total
-
-
-
53 792
Employee
55 756
-
108 500
-
municipal
296
-
576
-
national
8 833
-
20 308
-
social contributions
18 801
-
36 586
-
regional
751
-
1 460
-
total
28 681
-
58 930
-
Employer
55 756
-
108 500
-
total
-
-
-
-
Corporate
52 744
108 500
-
-
municipal
2 621
5 392
-
-
nationa
12 658
26 040
-
-
total
15 279
31 432
-
-
Dividends
37 466
77 068
-
-
withholding
9 741
20 037
-
-
total
9 741
20 037
-
-
Income
108 500
108 500
108 500
108 500
Total tax
53 701
51 469
58 930
53 792
After tax
54 799
57 031
49 570
54 708
Living cost
27 076
27 076
27 076
27 076
Free-cash
27 723
29 955
22 494
27 632

Estimated living cost  is ₽27076 per week

₽16839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2743
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.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45100
₽23243
₽25459
₽34539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
9 326
health
-
-
-
14 647
solidarity contribution
-
-
-
-
social contributions
-
-
-
31 682
total
-
-
-
55 655
Employee
43 532
-
80 970
-
solidarity contribution
-
-
-
-
income
5 224
-
9 716
-
health
5 877
-
10 931
-
social contributions
2 830
-
5 263
-
total
13 931
-
25 910
-
Employer
43 532
-
80 970
-
social contributions
10 883
-
20 242
-
health
3 918
-
7 287
-
total
14 801
-
27 529
-
Corporate
50 167
108 500
-
-
income
9 532
20 615
-
-
total
9 532
20 615
-
-
Dividends
40 635
87 885
-
-
withholding
6 095
13 183
-
-
total
6 095
13 183
-
-
Income
108 500
108 500
108 500
108 500
Total tax
44 359
33 798
53 439
55 655
After tax
64 141
74 702
55 061
52 845
Living cost
29 602
29 602
29 602
29 602
Free-cash
34 539
45 100
25 459
23 243

Estimated living cost  is ₽29602 per week

₽22014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28727
₽22412
-₽142
₽28231
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
19 048
unemployment
-
-
-
6 165
chamber of commerce
-
-
-
435
health
-
-
-
8 301
pensions
-
-
-
20 072
surtax
-
-
-
-
total
-
-
-
54 021
Employee
43 937
40 056
84 253
-
pensions
4 500
4 101
8 627
-
unemployment
1 318
1 202
2 527
-
other
439
401
843
-
income
3 914
2 955
16 961
-
health
1 700
1 551
3 260
-
total
11 871
10 210
32 218
-
Employer
43 937
40 056
84 253
-
accident
570
521
1 095
-
surtax
-
-
-
-
unemployment
1 318
1 202
2 527
-
payroll
1 318
1 202
2 527
-
health
1 661
1 514
3 185
-
pensions
5 514
5 028
10 573
-
chamber of commerce
175
160
338
-
other
2 087
1 902
4 002
-
total
12 643
11 529
24 247
-
Corporate
51 919
56 916
80 438
-
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.

12 980
14 229
20 110
-
total
12 980
14 229
20 110
-
Dividends
38 939
42 686
-
-
withholding
10 708
11 738
-
-
total
10 708
11 738
-
-
Income
108 500
108 500
108 500
108 500
Total tax
48 202
47 706
76 575
54 021
After tax
60 298
60 794
31 925
54 479
Living cost
32 067
32 067
32 067
32 067
Free-cash
28 231
28 727
-142
22 412

Estimated living cost  is ₽32067 per week

₽19236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88824
₽93164
₽72549
₽86152
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
108 500
microenterprise

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

-
-
-
1 085
total
-
-
-
1 085
Employee
17 814
-
108 500
-
income
3 563
-
21 700
-
total
3 563
-
21 700
-
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%.

90 686
108 500
-
-
total
-
-
-
-
Dividends
90 686
108 500
-
-
withholding
4 534
5 425
-
-
total
4 534
5 425
-
-
Income
108 500
108 500
108 500
108 500
Total tax
8 097
5 425
21 700
1 085
After tax
100 403
103 075
86 800
107 415
Living cost
14 251
14 251
14 251
14 251
Free-cash
86 152
88 824
72 549
93 164

Estimated living cost  is ₽14251 per week

₽9644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47743
₽28827
₽25715
₽39335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
22 061
unemployment
-
-
-
162
health
-
-
-
10 676
pensions
-
-
-
19 814
total
-
-
-
52 713
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.

44 447
-
93 882
-
pensions
6 890
-
14 552
-
unemployment
63
-
132
-
income
7 665
-
20 458
-
health
2 871
-
6 064
-
total
17 489
-
41 206
-
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.

44 447
-
93 882
-
unemployment
27
-
57
-
health
2 960
-
6 253
-
pensions
3 933
-
8 309
-
total
6 920
-
14 619
-
Corporate
57 133
108 500
-
-
income
10 855
20 615
-
-
total
10 855
20 615
-
-
Dividends
46 278
87 885
-
-
withholding
6 941
13 182
-
-
total
6 941
13 182
-
-
Income
108 500
108 500
108 500
108 500
Total tax
42 205
33 797
55 825
52 713
After tax
66 295
74 703
52 675
55 787
Living cost
26 960
26 960
26 960
26 960
Free-cash
39 335
47 743
25 715
28 827

Estimated living cost  is ₽26960 per week

₽18502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22316
₽31287
₽51483
-₽42494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 149
social contributions
-
-
-
12 369
total
-
-
-
33 518
Employee
62 653
-
-
-
income
13 820
-
-
-
social contributions
5 138
-
732
-
total
18 958
-
732
-
Employer
62 653
-
-
-
social contributions
88 341
-
12 590
-
total
88 341
-
12 590
-
Corporate
-
108 500
-
-
income
-
23 870
-
-
total
-
23 870
-
-
Dividends
-
84 630
-
-
income
-
18 619
-
-
total
-
18 619
-
-
Income
108 500
108 500
108 500
108 500
Total tax
107 299
42 489
13 322
33 518
After tax
1 201
66 011
95 178
74 982
Living cost
43 695
43 695
43 695
43 695
Free-cash
-42 494
22 316
51 483
31 287

Estimated living cost  is ₽43695 per week

₽28351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30187
₽28767
₽22753
₽29176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
10 501
social contributions

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

-
-
-
37 704
surtax
-
-
-
-
total
-
-
-
48 205
Employee
46 228
-
87 677
-
income
9 616
-
23 752
-
social contributions
5 085
-
9 644
-
surtax
-
-
-
-
total
14 701
-
33 396
-
Employer
46 228
-
87 677
-
social contributions
10 979
-
20 823
-
total
10 979
-
20 823
-
Corporate
51 293
108 500
-
-
surtax
-
-
-
-
income
10 771
22 784
-
-
total
10 771
22 784
-
-
Dividends
40 522
85 716
-
-
withholding
11 345
24 001
-
-
total
11 345
24 001
-
-
Income
108 500
108 500
108 500
108 500
Total tax
47 796
46 785
54 219
48 205
After tax
60 704
61 715
54 281
60 295
Living cost
31 528
31 528
31 528
31 528
Free-cash
29 176
30 187
22 753
28 767

Estimated living cost  is ₽31528 per week

₽23589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6137
₽13709
₽18644
₽13046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
11 463
other
-
-
-
3 363
health
-
-
-
2 449
social contributions
-
-
-
3 090
pensions
-
-
-
25 880
surtax
-
-
-
-
total
-
-
-
46 245
Employee
62 953
-
87 684
-
pensions
7 120
-
4 461
-
income
5 493
-
13 534
-
social contributions
1 793
-
2 499
-
surtax
-
-
-
-
total
14 406
-
20 494
-
Employer
62 953
-
87 684
-
social contributions
189
-
263
-
unemployment
2 550
-
3 552
-
health
4 406
-
6 176
-
pensions
10 344
-
7 800
-
other
2 173
-
3 025
-
total
19 662
-
20 816
-
Corporate
25 885
108 500
-
-
surtax
-
-
-
-
income
7 248
30 380
-
-
total
7 248
30 380
-
-
Dividends
18 637
78 120
-
-
surtax
-
-
-
-
withholding
2 386
9 999
-
-
social contributions
3 206
13 438
-
-
total
5 592
23 437
-
-
Income
108 500
108 500
108 500
108 500
Total tax
46 908
53 817
41 310
46 245
After tax
61 592
54 683
67 190
62 255
Living cost
48 546
48 546
48 546
48 546
Free-cash
13 046
6 137
18 644
13 709

Estimated living cost  is ₽48546 per week

₽32855
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67437
₽52058
₽54941
₽64059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
2 359
social contributions
-
-
-
23 869
total
-
-
-
26 228
Employee
32 314
-
93 939
-
income
-
-
2 680
-
social contributions
2 100
-
6 106
-
total
2 100
-
8 786
-
Employer
32 314
-
93 939
-
social contributions
5 009
-
14 559
-
total
5 009
-
14 559
-
Corporate
71 177
108 500
-
-
income
7 118
10 849
-
-
total
7 118
10 849
-
-
Dividends
64 059
97 651
-
-
total
-
-
-
-
Income
108 500
108 500
108 500
108 500
Total tax
14 227
10 849
23 345
26 228
After tax
94 273
97 651
85 155
82 272
Living cost
30 214
30 214
30 214
30 214
Free-cash
64 059
67 437
54 941
52 058

Estimated living cost  is ₽30214 per week

₽19536
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽110508
₽18415
-₽110508
-₽110508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
municipal
-
-
-
20 565
labour market
-
-
-
8 610
pensions
-
-
-
871
national
-
-
-
11 629
total
-
-
-
41 675
Employee
204 328
204 328
204 328
-
municipal
43 510
43 510
43 510
-
pensions
290
290
290
-
labour market
16 323
16 323
16 323
-
national
24 962
24 962
24 962
-
total
85 085
85 085
85 085
-
Employer
204 328
204 328
204 328
-
labour market
16 346
16 346
16 346
-
national
25 006
25 006
25 006
-
pensions
581
581
581
-
municipal
43 580
43 580
43 580
-
total
85 513
85 513
85 513
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
108 500
108 500
108 500
108 500
Total tax
170 598
170 598
170 598
41 675
After tax
-62 098
-62 098
-62 098
66 825
Living cost
48 410
48 410
48 410
48 410
Free-cash
-110 508
-110 508
-110 508
18 415

Estimated living cost  is ₽48410 per week

₽33132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12922
₽52705
₽34837
₽5459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
27 108
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
34 084
Employee
34 153
-
93 608
-
pensions
3 846
-
7 642
-
income
4 685
-
18 700
-
health
3 911
-
10 718
-
total
12 442
-
37 060
-
Employer
34 153
-
93 608
-
accident
570
-
1 563
-
unemployment
837
-
2 294
-
pensions
5 553
-
11 035
-
total
6 960
-
14 892
-
Corporate
67 386
108 500
-
-
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.

60 648
97 650
-
-
total
60 648
97 650
-
-
Dividends
6 738
10 850
-
-
withholding
1 280
2 061
-
-
total
1 280
2 061
-
-
Income
108 500
108 500
108 500
108 500
Total tax
81 330
99 711
51 952
34 084
After tax
27 170
8 789
56 548
74 416
Living cost
21 711
21 711
21 711
21 711
Free-cash
5 459
-12 922
34 837
52 705

Estimated living cost  is ₽21711 per week

₽15803
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32942
₽37563
₽22676
₽31582
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
108 500
health
-
-
-
1 251
municipal
-
-
-
19 305
national
-
-
-
11 791
total
-
-
-
32 347
Employee
52 882
-
91 276
-
municipal
8 662
-
14 897
-
pensions
3 569
-
6 161
-
unemployment
793
-
1 370
-
national
874
-
6 596
-
health
395
-
986
-
total
14 293
-
30 010
-
Employer
52 882
-
91 276
-
accident
53
-
92
-
unemployment
343
-
593
-
health
406
-
702
-
pensions
9 175
-
15 837
-
total
9 977
-
17 224
-
Corporate
45 640
108 500
-
-
income
9 129
21 701
-
-
total
9 129
21 701
-
-
Dividends

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

27 384
65 099
-
-
municipal
4 929
11 717
-
-
national
-
3 550
-
-
total
4 929
15 267
-
-
Income
108 500
108 500
108 500
108 500
Total tax
38 328
36 968
47 234
32 347
After tax
70 172
71 532
61 266
76 153
Living cost
38 590
38 590
38 590
38 590
Free-cash
31 582
32 942
22 676
37 563

Estimated living cost  is ₽38590 per week

₽25207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56103
₽53070
₽52500
₽50633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
13 127
health
-
-
-
2 768
social contributions
-
-
-
16 263
total
-
-
-
32 158
Employee
77 290
77 290
98 503
-
income
8 416
7 155
12 881
-
health
599
1 314
1 675
-
social contributions
2 922
6 415
8 175
-
total
11 937
14 884
22 731
-
Employer
77 290
77 290
98 503
-
social contributions
2 922
6 415
8 175
-
health
650
1 431
1 822
-
total
3 572
7 846
9 997
-
Corporate
69 719
23 365
-
-
income
8 715
2 920
-
-
total
8 715
2 920
-
-
Dividends
61 004
20 445
-
-
withholding
10 371
3 475
-
-
total
10 371
3 475
-
-
Income
108 500
108 500
108 500
108 500
Total tax
34 595
29 125
32 728
32 158
After tax
73 905
79 375
75 772
76 342
Living cost
23 272
23 272
23 272
23 272
Free-cash
50 633
56 103
52 500
53 070

Estimated living cost  is ₽23272 per week

₽13947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73891
₽72008
₽51848
₽68779
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
108 500
income
-
-
-
10 474
unemployment
-
-
-
29
health
-
-
-
3 637
pensions
-
-
-
6 394
total
-
-
-
20 534
Employee

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

23 071
-
98 677
-
pensions
3 460
-
14 306
-
unemployment
114
-
477
-
income
1 577
-
7 981
-
health
1 961
-
8 107
-
total
7 112
-
30 871
-
Employer

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

23 071
-
98 677
-
unemployment
114
-
477
-
health
992
-
4 101
-
pensions
1 268
-
5 245
-
total
2 374
-
9 823
-
Corporate
83 054
108 500
-
-
income
7 475
9 764
-
-
total
7 475
9 764
-
-
Dividends
75 579
98 736
-
-
withholding
6 802
8 887
-
-
total
6 802
8 887
-
-
Income
108 500
108 500
108 500
108 500
Total tax
23 763
18 651
40 694
20 534
After tax
84 737
89 849
67 806
87 966
Living cost
15 958
15 958
15 958
15 958
Free-cash
68 779
73 891
51 848
72 008

Estimated living cost  is ₽15958 per week

₽10182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1150
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.
₽4151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45447
₽31308
₽29100
₽40174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 604
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
49 552
Employee
37 166
-
82 273
-
pensions
1 747
-
3 866
-
unemployment
576
-
1 276
-
other
36
-
82
-
income
7 165
-
20 309
-
total
9 524
-
25 533
-
Employer
37 166
-
82 273
-
accident
736
-
1 629
-
unemployment
2 045
-
4 524
-
pensions
8 770
-
19 416
-
other
298
-
658
-
total
11 849
-
26 227
-
Corporate
59 486
108 500
-
-
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.

8 923
16 274
-
-
total
8 923
16 274
-
-
Dividends
50 563
92 226
-
-
withholding
10 390
19 139
-
-
total
10 390
19 139
-
-
Income
108 500
108 500
108 500
108 500
Total tax
40 686
35 413
51 760
49 552
After tax
67 814
73 087
56 740
58 948
Living cost
27 640
27 640
27 640
27 640
Free-cash
40 174
45 447
29 100
31 308

Estimated living cost  is ₽27640 per week

₽18656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64937
₽66133
₽65936
₽64483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
36 118
health
-
-
-
1 463
pensions
-
-
-
2 019
total
-
-
-
39 600
Employee
4 215
-
106 229
-
pensions
379
-
908
-
unemployment
42
-
101
-
income
815
-
36 012
-
health
211
-
505
-
total
1 447
-
37 526
-
Employer
4 215
-
106 229
-
unemployment
84
-
202
-
health
400
-
959
-
pensions
464
-
1 110
-
total
948
-
2 271
-
Corporate
103 337
108 500
-
-
income
22 734
23 870
-
-
total
22 734
23 870
-
-
Dividends
80 603
84 630
-
-
withholding
16 121
16 926
-
-
total
16 121
16 926
-
-
Income
108 500
108 500
108 500
108 500
Total tax
41 250
40 796
39 797
39 600
After tax
67 250
67 704
68 703
68 900
Living cost
2 767
2 767
2 767
2 767
Free-cash
64 483
64 937
65 936
66 133

Estimated living cost  is ₽2767 per week

₽1644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60998
₽40966
₽40967
₽56049
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
22 045
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
50 141
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.

26 227
-
95 196
-
pensions
3 672
-
10 406
-
unemployment
197
-
557
-
income
3 615
-
22 045
-
health
1 351
-
3 828
-
total
8 835
-
36 836
-
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.

26 227
-
95 196
-
unemployment
197
-
557
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
total
4 695
-
13 304
-
Corporate
77 578
108 500
-
-
income
11 637
16 275
-
-
total
11 637
16 275
-
-
Dividends
65 941
92 225
-
-
withholding
9 891
13 834
-
-
total
9 891
13 834
-
-
Income
108 500
108 500
108 500
108 500
Total tax
35 058
30 109
50 140
50 141
After tax
73 442
78 391
58 360
58 359
Living cost
17 393
17 393
17 393
17 393
Free-cash
56 049
60 998
40 967
40 966

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34617
₽33197
₽27183
₽34256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
10 501
social contributions

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

-
-
-
37 704
surtax
-
-
-
-
total
-
-
-
48 205
Employee
39 011
-
87 677
-
income
7 623
-
23 752
-
social contributions
4 292
-
9 644
-
surtax
-
-
-
-
total
11 915
-
33 396
-
Employer
39 011
-
87 677
-
social contributions
9 264
-
20 823
-
total
9 264
-
20 823
-
Corporate
60 224
108 500
-
-
surtax
-
-
-
-
income
12 646
22 784
-
-
total
12 646
22 784
-
-
Dividends
47 578
85 716
-
-
withholding
13 321
24 001
-
-
total
13 321
24 001
-
-
Income
108 500
108 500
108 500
108 500
Total tax
47 146
46 785
54 219
48 205
After tax
61 354
61 715
54 281
60 295
Living cost
27 098
27 098
27 098
27 098
Free-cash
34 256
34 617
27 183
33 197

Estimated living cost  is ₽27098 per week

₽19192
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5543
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37762
₽23623
₽21415
₽30095
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
21 604
unemployment
-
-
-
652
other
-
-
-
93
pensions
-
-
-
26 364
accident
-
-
-
839
total
-
-
-
49 552
Employee
48 543
-
82 273
-
pensions
2 281
-
3 866
-
unemployment
752
-
1 276
-
other
48
-
82
-
income
10 139
-
20 309
-
total
13 220
-
25 533
-
Employer
48 543
-
82 273
-
accident
961
-
1 629
-
unemployment
2 670
-
4 524
-
pensions
11 456
-
19 416
-
other
389
-
658
-
total
15 476
-
26 227
-
Corporate
44 480
108 500
-
-
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.

6 672
16 274
-
-
total
6 672
16 274
-
-
Dividends
37 808
92 226
-
-
withholding
7 712
19 139
-
-
total
7 712
19 139
-
-
Income
108 500
108 500
108 500
108 500
Total tax
43 080
35 413
51 760
49 552
After tax
65 420
73 087
56 740
58 948
Living cost
35 325
35 325
35 325
35 325
Free-cash
30 095
37 762
21 415
23 623

Estimated living cost  is ₽35325 per week

₽25369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75494
₽65588
₽69105
₽69377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
16 275
unemployment
-
-
-
140
health
-
-
-
4 033
pensions

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

-
-
-
5 191
total
-
-
-
25 639
Employee
22 872
-
101 619
-
pensions

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

2 008
-
3 080
-
income
2 288
-
10 162
-
health
1 052
-
1 613
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
total
5 599
-
15 241
-
Employer
22 872
-
101 619
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
health
1 578
-
2 420
-
pensions

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

2 520
-
3 865
-
total
4 486
-
6 881
-
Corporate
81 141
108 500
-
-
income
8 114
10 850
-
-
total
8 114
10 850
-
-
Dividends
73 027
97 650
-
-
withholding
3 651
4 883
-
-
total
3 651
4 883
-
-
Income
108 500
108 500
108 500
108 500
Total tax
21 850
15 733
22 122
25 639
After tax
86 650
92 767
86 378
82 861
Living cost
17 273
17 273
17 273
17 273
Free-cash
69 377
75 494
69 105
65 588

Estimated living cost  is ₽17273 per week

₽11424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17147
₽28511
₽37375
₽30295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
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.

-
-
-
24 125
trade
-
-
-
8 864
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.

-
-
-
6 867
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.

-
-
-
1 328
total
-
-
-
41 184
Employee

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

50 011
-
108 500
-
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.

4 112
-
24 125
-
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.

6 867
-
6 867
-
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.

227
-
1 328
-
total
11 206
-
32 320
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 489
108 500
-
-
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.

483
895
-
-
trade
8 393
15 570
-
-
chamber of commerce
238
311
-
-
income
8 774
16 274
-
-
total
17 888
33 050
-
-
Dividends
40 601
75 450
-
-
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.

538
1 017
-
-
withholding
9 768
18 481
-
-
total
10 306
19 498
-
-
Income
108 500
108 500
108 500
108 500
Total tax
39 400
52 548
32 320
41 184
After tax
69 100
55 952
76 180
67 316
Living cost
38 805
38 805
38 805
38 805
Free-cash
30 295
17 147
37 375
28 511

Estimated living cost  is ₽38805 per week

₽26769
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18693
₽14639
₽14639
₽20912
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
26 786
social contributions
-
-
-
9 818
total
-
-
-
36 604
Employee
78 624
-
108 500
-
income
14 836
-
26 786
-
social contributions
6 532
-
9 818
-
total
21 368
-
36 604
-
Employer
78 624
-
108 500
-
total
-
-
-
-
Corporate
29 876
108 500
-
-
income
3 735
13 562
-
-
total
3 735
13 562
-
-
Dividends
26 142
94 938
-
-
withholding
5 228
18 988
-
-
total
5 228
18 988
-
-
Income
108 500
108 500
108 500
108 500
Total tax
30 331
32 550
36 604
36 604
After tax
78 169
75 950
71 896
71 896
Living cost
57 257
57 257
57 257
57 257
Free-cash
20 912
18 693
14 639
14 639

Estimated living cost  is ₽57257 per week

₽43560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4666
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28729
₽36651
₽43322
₽32240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
28 611
health

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

-
-
-
6 752
total
-
-
-
35 363
Employee
46 109
-
103 876
-
income
5 003
-
19 444
-
social contributions
4 620
-
4 624
-
total
9 623
-
24 068
-
Employer
46 109
-
103 876
-
social contributions
4 620
-
4 624
-
total
4 620
-
4 624
-
Corporate
57 771
108 500
-
-
income
20 221
37 975
-
-
total
20 221
37 975
-
-
Dividends
37 550
70 525
-
-
social contributions
5 310
5 310
-
-
total
5 310
5 310
-
-
Income
108 500
108 500
108 500
108 500
Total tax
39 774
43 285
28 692
35 363
After tax
68 726
65 215
79 808
73 137
Living cost
36 486
36 486
36 486
36 486
Free-cash
32 240
28 729
43 322
36 651

Estimated living cost  is ₽36486 per week

₽24034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40910
₽39541
₽29878
₽37890
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
23 556
pensions
-
-
-
7 724
total
-
-
-
31 280
Employee
51 720
-
95 429
-
pensions
3 948
-
9 193
-
income
9 419
-
17 110
-
health
675
-
1 571
-
total
14 042
-
27 874
-
Employer
51 720
-
95 429
-
health
983
-
1 814
-
pensions
5 225
-
11 255
-
total
6 208
-
13 069
-
Corporate
50 571
108 500
-
-
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.

9 609
20 616
-
-
total
9 609
20 616
-
-
Dividends
40 963
87 884
-
-
withholding
3 072
9 295
-
-
total
3 072
9 295
-
-
Income
108 500
108 500
108 500
108 500
Total tax
32 931
29 911
40 943
31 280
After tax
75 569
78 589
67 557
77 220
Living cost
37 679
37 679
37 679
37 679
Free-cash
37 890
40 910
29 878
39 541

Estimated living cost  is ₽37679 per week

₽25848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15072
₽50555
₽32687
₽5130
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
income
-
-
-
27 108
other
-
-
-
371
health
-
-
-
2 184
pensions
-
-
-
4 168
accident
-
-
-
253
total
-
-
-
34 084
Employee
37 534
-
93 608
-
pensions
4 226
-
7 642
-
income
5 149
-
18 700
-
health
4 297
-
10 718
-
total
13 672
-
37 060
-
Employer
37 534
-
93 608
-
accident
627
-
1 563
-
unemployment
919
-
2 294
-
pensions
6 103
-
11 035
-
total
7 649
-
14 892
-
Corporate
63 317
108 500
-
-
income

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

56 985
97 650
-
-
total
56 985
97 650
-
-
Dividends
6 332
10 850
-
-
withholding
1 203
2 061
-
-
total
1 203
2 061
-
-
Income
108 500
108 500
108 500
108 500
Total tax
79 509
99 711
51 952
34 084
After tax
28 991
8 789
56 548
74 416
Living cost
23 861
23 861
23 861
23 861
Free-cash
5 130
-15 072
32 687
50 555

Estimated living cost  is ₽23861 per week

₽17511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77737
₽48242
₽55994
₽73775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
108 500
income
-
-
-
16 854
unemployment
-
-
-
1 302
work injury
-
-
-
543
health insurance
-
-
-
8 029
pensions
-
-
-
19 964
total
-
-
-
46 692
Employee

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

21 706
-
108 500
-
pensions
3 994
-
14 777
-
unemployment
260
-
964
-
work injury
109
-
402
-
health insurance
1 606
-
5 943
-
income
2 171
-
16 854
-
total
8 140
-
38 940
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
86 794
108 500
-
-
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%.

-
1 085
-
-
total
-
1 085
-
-
Dividends
86 794
107 415
-
-
withholding
13 019
16 112
-
-
total
13 019
16 112
-
-
Income
108 500
108 500
108 500
108 500
Total tax
21 159
17 197
38 940
46 692
After tax
87 341
91 303
69 560
61 808
Living cost
13 566
13 566
13 566
13 566
Free-cash
73 775
77 737
55 994
48 242

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17109
₽13981
₽9018
₽12538
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
108 500
municipal
-
-
-
725
regional
-
-
-
2 240
social contributions
-
-
-
27 906
national
-
-
-
23 606
total
-
-
-
54 477
Employee
84 699
-
108 500
-
municipal
505
-
647
-
national
14 313
-
20 308
-
social contributions
28 560
-
36 586
-
regional
1 279
-
1 899
-
total
44 657
-
59 440
-
Employer
84 699
-
108 500
-
total
-
-
-
-
Corporate
23 801
108 500
-
-
municipal
1 146
5 230
-
-
nationa
5 713
26 040
-
-
total
6 859
31 270
-
-
Dividends
16 942
77 230
-
-
withholding
4 404
20 079
-
-
total
4 404
20 079
-
-
Income
108 500
108 500
108 500
108 500
Total tax
55 920
51 349
59 440
54 477
After tax
52 580
57 151
49 060
54 023
Living cost
40 042
40 042
40 042
40 042
Free-cash
12 538
17 109
9 018
13 981

Estimated living cost  is ₽40042 per week

₽28127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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