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
₽ 83500
per

Your estimated
City
free-cash

Dresden , Germany
₽25561
₽13091
₽23739
₽31662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health

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

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

-
-
-
6 578
trade
-
-
-
6 101
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.

-
-
-
839
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.

-
-
-
15 258
total
-
-
-
28 776
Employee

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

36 826
-
83 500
-
health

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

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

6 578
-
6 578
-
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.

57
-
839
-
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.

1 029
-
15 258
-
total
7 664
-
22 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 674
83 500
-
-
trade
7 351
13 152
-
-
chamber of commerce
214
267
-
-
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.

386
689
-
-
income
7 002
12 525
-
-
total
14 953
26 633
-
-
Dividends
31 723
56 868
-
-
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.

417
762
-
-
withholding
7 564
13 851
-
-
total
7 981
14 613
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 598
41 246
22 675
28 776
After tax
52 902
42 254
60 825
54 724
Living cost
29 163
29 163
29 163
29 163
Free-cash
23 739
13 091
31 662
25 561

Estimated living cost  is ₽29163 per week

₽18344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89
₽1250
-₽2487
₽745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
8 487
social contributions
-
-
-
898
national
-
-
-
13 152
pensions
-
-
-
10 020
total
-
-
-
32 557
Employee
78 833
-
72 185
-
pensions
3 153
-
2 887
-
national
15 089
-
13 653
-
municipal
9 737
-
8 810
-
total
27 979
-
25 350
-
Employer
78 833
-
72 185
-
pensions
6 307
-
5 775
-
social contributions
847
-
776
-
total
7 154
-
6 551
-
Corporate
-
83 500
-
-
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%.

-
16 700
-
-
total
-
16 700
-
-
Dividends
-
66 800
-
-
withholding
-
14 696
-
-
total
-
14 696
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 133
31 396
31 901
32 557
After tax
48 367
52 104
51 599
50 943
Living cost
50 854
50 854
50 854
50 854
Free-cash
-2 487
1 250
745
89

Estimated living cost  is ₽50854 per week

₽34565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽761
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24689
₽46769
₽38871
₽27179
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
social contributions

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

-
-
-
26 846
income
-
-
-
11 934
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
38 780
Employee
28 134
-
67 290
-
surtax
-
-
-
-
social contributions

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

3 095
-
7 402
-
income
5 008
-
12 678
-
total
8 103
-
20 080
-
Employer
28 134
-
67 290
-
surtax
-
-
-
-
social contributions

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

6 777
-
16 210
-
total
6 777
-
16 210
-
Corporate
48 589
83 500
-
-
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%.

9 718
16 700
-
-
total
9 718
16 700
-
-
Dividends

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

38 871
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 598
16 700
36 290
38 780
After tax
58 902
66 800
47 210
44 720
Living cost
20 031
20 031
20 031
20 031
Free-cash
38 871
46 769
27 179
24 689

Estimated living cost  is ₽20031 per week

₽12779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7132
-₽6705
-₽12110
-₽12110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
10 807
pensions
-
-
-
11 281
income
-
-
-
13 946
total
-
-
-
36 034
Employee
82 220
82 220
82 220
-
health
12 620
10 734
12 620
-
pensions
14 800
11 281
14 800
-
income

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

13 458
13 458
13 458
-
total
40 878
35 473
40 878
-
Employer
82 220
82 220
82 220
-
health
5 715
5 715
5 715
-
pensions
5 723
5 723
5 723
-
unemployment
2 960
2 960
2 960
-
total
14 398
14 398
14 398
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
55 276
49 871
55 276
36 034
After tax
28 224
33 629
28 224
47 466
Living cost
40 334
40 334
40 334
40 334
Free-cash
-12 110
-6 705
-12 110
7 132

Estimated living cost  is ₽40334 per week

₽28583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽641
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1091
₽5057
₽4147
₽4057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 210
accident
-
-
-
167
other
-
-
-
9 703
municipal
-
-
-
17 686
pensions
-
-
-
9 026
national
-
-
-
-
unemployment
-
-
-
83
total
-
-
-
41 875
Employee
57 757
-
63 537
-
national
-
-
-
-
municipal
17 223
-
18 947
-
total
17 223
-
18 947
-
Employer
57 757
-
63 537
-
health
3 552
-
3 907
-
accident
116
-
127
-
pensions
6 243
-
6 868
-
other
6 711
-
7 383
-
unemployment
1 525
-
1 677
-
total
18 147
-
19 962
-
Corporate
7 596
83 500
-
-
income
1 671
18 370
-
-
total
1 671
18 370
-
-
Dividends
5 925
65 130
-
-
withholding
1 778
19 539
-
-
total
1 778
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 819
37 909
38 909
41 875
After tax
44 681
45 591
44 591
41 625
Living cost
40 534
40 534
40 534
40 534
Free-cash
4 147
5 057
4 057
1 091

Estimated living cost  is ₽40534 per week

₽26864
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16631
₽4002
₽17529
₽23002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health

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

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

-
-
-
6 578
trade
-
-
-
6 371
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.

-
-
-
839
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.

-
-
-
15 258
total
-
-
-
29 046
Employee

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

48 826
-
83 500
-
health

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

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

6 578
-
6 578
-
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.

230
-
839
-
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.

4 195
-
15 258
-
total
11 003
-
22 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 674
83 500
-
-
trade
5 704
13 736
-
-
chamber of commerce
196
265
-
-
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.

287
689
-
-
income
5 202
12 525
-
-
total
11 389
27 215
-
-
Dividends
23 285
56 285
-
-
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.

300
755
-
-
withholding
5 456
13 705
-
-
total
5 756
14 460
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 148
41 675
22 675
29 046
After tax
55 352
41 825
60 825
54 454
Living cost
37 823
37 823
37 823
37 823
Free-cash
17 529
4 002
23 002
16 631

Estimated living cost  is ₽37823 per week

₽25296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29749
₽29964
₽25973
₽29664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
2 129
social contributions
-
-
-
13 026
income
-
-
-
7 367
total
-
-
-
22 522
Employee
74 036
74 036
75 804
-
health
736
1 259
1 288
-
social contributions
3 598
6 145
6 293
-
income
7 774
6 854
7 330
-
total
12 108
14 258
14 911
-
Employer
74 036
74 036
75 804
-
health
802
1 370
1 403
-
social contributions
3 598
6 145
6 293
-
total
4 400
7 515
7 696
-
Corporate
35 763
1 949
-
-
income
4 471
243
-
-
total
4 471
243
-
-
Dividends
31 292
1 706
-
-
withholding
5 319
291
-
-
total
5 319
291
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 298
22 307
22 607
22 522
After tax
57 202
61 193
60 893
60 978
Living cost
31 229
31 229
31 229
31 229
Free-cash
25 973
29 964
29 664
29 749

Estimated living cost  is ₽31229 per week

₽21348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2439
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40138
₽29383
₽29753
₽30699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 845
pensions
-
-
-
8 350
unemployment
-
-
-
1 252
income
-
-
-
10 208
total
-
-
-
25 655
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.

25 561
10 173
69 874
-
health
1 789
712
4 891
-
pensions
2 556
1 017
6 987
-
unemployment
383
153
1 048
-
income
3 125
1 244
8 542
-
total
7 853
3 126
21 468
-
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.

25 561
10 173
69 874
-
pensions
4 984
1 984
13 626
-
total
4 984
1 984
13 626
-
Corporate
52 955
71 344
-
-
income
4 766
6 421
-
-
total
4 766
6 421
-
-
Dividends
48 189
64 923
-
-
social contributions
9 281
12 544
-
-
withholding
9 156
12 335
-
-
total
18 437
24 879
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 040
36 410
35 094
25 655
After tax
47 460
47 090
48 406
57 845
Living cost
17 707
17 707
17 707
17 707
Free-cash
29 753
29 383
30 699
40 138

Estimated living cost  is ₽17707 per week

₽12084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1449
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽354
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21500
₽43544
₽37563
₽24873
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
10 855
pensions
-
-
-
16 700
income
-
-
-
11 189
total
-
-
-
38 744
Employee
27 314
-
62 408
-
pensions
546
-
1 248
-
unemployment
437
-
999
-
income
3 075
-
12 032
-
total
4 058
-
14 279
-
Employer
27 314
-
62 408
-
health
3 550
-
8 112
-
pensions
5 463
-
12 481
-
unemployment
219
-
499
-
total
9 232
-
21 092
-
Corporate
46 954
83 500
-
-
income
9 391
16 700
-
-
total
9 391
16 700
-
-
Dividends
37 563
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 681
16 700
35 371
38 744
After tax
60 819
66 800
48 129
44 756
Living cost
23 256
23 256
23 256
23 256
Free-cash
37 563
43 544
24 873
21 500

Estimated living cost  is ₽23256 per week

₽15951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35978
-₽14657
₽3478
₽20844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
2 123
accident
-
-
-
246
other
-
-
-
361
pensions
-
-
-
4 051
income
-
-
-
19 321
total
-
-
-
26 102
Employee
33 694
-
69 894
-
health
3 858
-
8 003
-
pensions
3 794
-
7 428
-
income
4 623
-
12 199
-
total
12 275
-
27 630
-
Employer
33 694
-
69 894
-
accident
562
-
1 167
-
pensions
5 479
-
10 727
-
unemployment
825
-
1 712
-
total
6 866
-
13 606
-
Corporate
42 939
83 500
-
-
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.

38 645
75 150
-
-
total
38 645
75 150
-
-
Dividends
4 294
8 350
-
-
withholding
816
1 587
-
-
total
816
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 602
76 737
41 236
26 102
After tax
24 898
6 763
42 264
57 398
Living cost
21 420
21 420
21 420
21 420
Free-cash
3 478
-14 657
20 844
35 978

Estimated living cost  is ₽21420 per week

₽15699
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4088
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74739
₽71399
₽69913
₽58874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
83 500
microenterprise

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

-
-
-
835
total
-
-
-
835
Employee
9 907
-
83 500
-
income
1 981
-
16 700
-
total
1 981
-
16 700
-
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%.

73 593
83 500
-
-
total
-
-
-
-
Dividends
73 593
83 500
-
-
withholding
3 680
4 175
-
-
total
3 680
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
5 661
4 175
16 700
835
After tax
77 839
79 325
66 800
82 665
Living cost
7 926
7 926
7 926
7 926
Free-cash
69 913
71 399
58 874
74 739

Estimated living cost  is ₽7926 per week

₽4912
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽218
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19558
₽35693
₽29187
₽23288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
3 674
other
-
-
-
3 967
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.

-
-
-
20 040
income
-
-
-
10 606
total
-
-
-
38 287
Employee
34 959
-
66 694
-
health
490
-
934
-
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.

2 447
-
4 668
-
unemployment
349
-
667
-
income
6 019
-
11 482
-
total
9 305
-
17 751
-
Employer
34 959
-
66 694
-
health
490
-
934
-
accident
280
-
534
-
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.

5 944
-
11 337
-
other
1 749
-
3 334
-
unemployment
349
-
667
-
total
8 812
-
16 806
-
Corporate
39 731
83 500
-
-
income
8 343
17 535
-
-
total
8 343
17 535
-
-
Dividends
31 388
65 965
-
-
withholding
2 198
4 617
-
-
total
2 198
4 617
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 658
22 152
34 557
38 287
After tax
54 842
61 348
48 943
45 213
Living cost
25 655
25 655
25 655
25 655
Free-cash
29 187
35 693
23 288
19 558

Estimated living cost  is ₽25655 per week

₽18127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5383
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2163
-₽1670
-₽19839
-₽11529
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
pensions
-
-
-
5 912
income
-
-
-
15 517
total
-
-
-
21 429
Employee
90 882
-
73 736
-
health
1 498
-
1 146
-
pensions
8 768
-
6 709
-
income
16 382
-
13 176
-
total
26 648
-
21 031
-
Employer
90 882
-
73 736
-
health
1 726
-
1 400
-
pensions
10 731
-
8 364
-
total
12 457
-
9 764
-
Corporate
-
83 500
-
-
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.

-
15 864
-
-
total
-
15 864
-
-
Dividends
-
67 636
-
-
withholding
-
5 072
-
-
total
-
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
39 105
20 936
30 795
21 429
After tax
44 395
62 564
52 705
62 071
Living cost
64 234
64 234
64 234
64 234
Free-cash
-19 839
-1 670
-11 529
-2 163

Estimated living cost  is ₽64234 per week

₽48132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8034
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽49538
₽58866
₽54427
₽51898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
3 838
pensions

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

-
-
-
4 939
unemployment
-
-
-
133
income
-
-
-
12 525
total
-
-
-
21 435
Employee
16 587
-
76 952
-
health
763
-
1 535
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 456
-
2 930
-
income
1 658
-
7 695
-
total
4 060
-
12 527
-
Employer
16 587
-
76 952
-
health
1 145
-
2 303
-
accident

We are using the highest rate at 1.1%.

183
-
367
-
pensions

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

1 828
-
3 678
-
unemployment
99
-
200
-
total
3 255
-
6 548
-
Corporate
63 658
83 500
-
-
income
6 366
8 350
-
-
total
6 366
8 350
-
-
Dividends
57 292
75 150
-
-
withholding
2 865
3 757
-
-
total
2 865
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
16 546
12 107
19 075
21 435
After tax
66 954
71 393
64 425
62 065
Living cost
12 527
12 527
12 527
12 527
Free-cash
54 427
58 866
51 898
49 538

Estimated living cost  is ₽12527 per week

₽7313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽895
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽332
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5923
-₽19760
-₽21394
-₽25165
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
10 807
pensions
-
-
-
11 281
income
-
-
-
13 946
total
-
-
-
36 034
Employee
89 265
82 220
82 220
-
health
11 136
10 734
12 620
-
pensions
11 281
11 281
14 800
-
income

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

13 458
13 458
13 458
-
total
35 875
35 473
40 878
-
Employer
89 265
82 220
82 220
-
health
6 203
5 715
5 715
-
pensions
6 212
5 723
5 723
-
unemployment
3 214
2 960
2 960
-
total
15 629
14 398
14 398
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
51 504
49 871
55 276
36 034
After tax
31 996
33 629
28 224
47 466
Living cost
53 390
53 390
53 390
53 390
Free-cash
-21 394
-19 760
-25 165
-5 923

Estimated living cost  is ₽53390 per week

₽39384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16847
₽33669
₽25170
₽18553
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
11 273
social contributions
-
-
-
24 382
solidarity contribution
-
-
-
-
income
-
-
-
7 177
total
-
-
-
42 832
Employee
35 031
-
62 313
-
health
4 729
-
8 412
-
solidarity contribution
-
-
-
-
social contributions
2 277
-
4 050
-
income
4 204
-
7 478
-
total
11 210
-
19 940
-
Employer
35 031
-
62 313
-
health
3 153
-
5 608
-
social contributions
8 758
-
15 578
-
total
11 911
-
21 186
-
Corporate
36 558
83 500
-
-
income
6 946
15 865
-
-
total
6 946
15 865
-
-
Dividends
29 612
67 635
-
-
withholding
4 442
10 145
-
-
total
4 442
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 509
26 010
41 126
42 832
After tax
48 991
57 490
42 374
40 668
Living cost
23 821
23 821
23 821
23 821
Free-cash
25 170
33 669
18 553
16 847

Estimated living cost  is ₽23821 per week

₽16547
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3155
₽3924
-₽2068
-₽815
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
regional
-
-
-
899
municipal
-
-
-
497
social contributions
-
-
-
21 476
national
-
-
-
16 846
total
-
-
-
39 718
Employee
85 569
-
83 500
-
regional
807
-
784
-
national
14 827
-
14 306
-
social contributions
28 854
-
28 156
-
municipal
453
-
442
-
total
44 941
-
43 688
-
Employer
85 569
-
83 500
-
total
-
-
-
-
Corporate
-
83 500
-
-
nationa
-
20 040
-
-
municipal
-
3 256
-
-
total
-
23 296
-
-
Dividends
-
60 204
-
-
withholding
-
15 653
-
-
total
-
15 653
-
-
Income
83 500
83 500
83 500
83 500
Total tax
44 941
38 949
43 688
39 718
After tax
38 559
44 551
39 812
43 782
Living cost
40 627
40 627
40 627
40 627
Free-cash
-2 068
3 924
-815
3 155

Estimated living cost  is ₽40627 per week

₽28320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23024
₽31275
₽28279
₽21422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 929
other
-
-
-
-
pensions
-
-
-
16 700
unemployment
-
-
-
219
income
-
-
-
14 767
surtax
-
-
-
1 615
total
-
-
-
39 230
Employee
31 840
-
68 980
-
health
813
-
1 760
-
pensions
2 123
-
4 601
-
unemployment
2 216
-
4 802
-
surtax
104
-
1 431
-
income
5 337
-
13 718
-
other
-
-
-
-
total
10 593
-
26 312
-
Employer
31 840
-
68 980
-
health
1 449
-
3 137
-
pensions
4 244
-
9 196
-
other
-
-
-
-
unemployment
1 009
-
2 187
-
total
6 702
-
14 520
-
Corporate
44 958
83 500
-
-
income
11 690
21 710
-
-
total
11 690
21 710
-
-
Dividends
33 268
61 790
-
-
withholding
4 990
9 269
-
-
total
4 990
9 269
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 975
30 979
40 832
39 230
After tax
49 525
52 521
42 668
44 270
Living cost
21 246
21 246
21 246
21 246
Free-cash
28 279
31 275
21 422
23 024

Estimated living cost  is ₽21246 per week

₽12991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
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.
₽5805
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18188
₽18681
₽11122
₽8822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
pensions
-
-
-
5 912
income
-
-
-
15 517
total
-
-
-
21 429
Employee
60 906
-
73 736
-
health
884
-
1 146
-
pensions
5 170
-
6 709
-
income
10 970
-
13 176
-
total
17 024
-
21 031
-
Employer
60 906
-
73 736
-
health
1 157
-
1 400
-
pensions
6 593
-
8 364
-
total
7 750
-
9 764
-
Corporate
14 843
83 500
-
-
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.

2 820
15 864
-
-
total
2 820
15 864
-
-
Dividends
12 024
67 636
-
-
withholding
901
5 072
-
-
total
901
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 495
20 936
30 795
21 429
After tax
55 005
62 564
52 705
62 071
Living cost
43 883
43 883
43 883
43 883
Free-cash
11 122
18 681
8 822
18 188

Estimated living cost  is ₽43883 per week

₽32877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3289
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽8302
-₽40313
-₽17111
-₽12556
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
256
city
-
-
-
879
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.

-
-
-
1 669
regional
-
-
-
2 466
pensions
-
-
-
7 683
national
-
-
-
354
total
-
-
-
13 307
Employee
91 859
-
74 736
-
health
208
-
167
-
regional
3 008
-
2 081
-
pensions
7 717
-
6 276
-
unemployment
-
-
-
-
national
435
-
298
-
city
986
-
802
-
total
12 354
-
9 624
-
Employer
91 859
-
74 736
-
health
208
-
167
-
pensions
7 717
-
6 276
-
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.

1 837
-
1 494
-
unemployment
-
-
-
-
total
9 762
-
7 937
-
Corporate
-
83 500
-
-
national
-
7 098
-
-
regional
-
17 660
-
-
total
-
24 758
-
-
Dividends
-
58 741
-
-
withholding
-
20 560
-
-
total
-
20 560
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 116
45 318
17 561
13 307
After tax
61 384
38 182
65 939
70 193
Living cost
78 495
78 495
78 495
78 495
Free-cash
-17 111
-40 313
-12 556
-8 302

Estimated living cost  is ₽78495 per week

₽51044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7044
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽964
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19443
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽10075
-₽2709
₽12901
₽16718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health

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

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

-
-
-
6 578
trade
-
-
-
6 643
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.

-
-
-
839
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.

-
-
-
15 258
total
-
-
-
29 318
Employee

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

57 863
-
83 500
-
health

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

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

6 578
-
6 578
-
surtax

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

375
-
839
-
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.

6 804
-
15 258
-
total
13 757
-
22 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 637
83 500
-
-
trade
4 396
14 321
-
-
chamber of commerce
183
263
-
-
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.

212
689
-
-
income
3 846
12 525
-
-
total
8 637
27 798
-
-
Dividends
17 000
55 702
-
-
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.

214
745
-
-
withholding
3 884
13 559
-
-
total
4 098
14 304
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 492
42 102
22 675
29 318
After tax
57 008
41 398
60 825
54 182
Living cost
44 107
44 107
44 107
44 107
Free-cash
12 901
-2 709
16 718
10 075

Estimated living cost  is ₽44107 per week

₽32214
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3528
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.
₽7793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15508
₽9141
₽14831
₽15555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
842
other
-
-
-
2 589
pensions
-
-
-
23 095
social contributions
-
-
-
2 381
income
-
-
-
6 144
surtax
-
-
-
-
total
-
-
-
35 051
Employee
41 207
-
63 630
-
pensions
4 659
-
7 195
-
surtax
-
-
-
-
social contributions
1 175
-
1 813
-
income
2 432
-
6 124
-
total
8 266
-
15 132
-
Employer
41 207
-
63 630
-
health
2 885
-
4 455
-
pensions
6 769
-
10 457
-
other
1 422
-
2 194
-
social contributions
124
-
190
-
unemployment
1 668
-
2 576
-
total
12 868
-
19 872
-
Corporate
29 425
83 500
-
-
surtax
-
-
-
-
income
8 238
23 380
-
-
total
8 238
23 380
-
-
Dividends
21 186
60 120
-
-
social contributions
3 645
10 342
-
-
surtax
-
-
-
-
withholding
2 711
7 696
-
-
total
6 356
18 038
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 728
41 418
35 004
35 051
After tax
47 772
42 082
48 496
48 449
Living cost
32 941
32 941
32 941
32 941
Free-cash
14 831
9 141
15 555
15 508

Estimated living cost  is ₽32941 per week

₽20771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2679
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18772
₽12405
₽17757
₽18819
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
842
other
-
-
-
2 589
pensions
-
-
-
23 095
social contributions
-
-
-
2 381
income
-
-
-
6 144
surtax
-
-
-
-
total
-
-
-
35 051
Employee
36 783
-
63 630
-
pensions
4 160
-
7 195
-
surtax
-
-
-
-
social contributions
1 049
-
1 813
-
income
1 897
-
6 124
-
total
7 106
-
15 132
-
Employer
36 783
-
63 630
-
health
2 574
-
4 455
-
pensions
6 044
-
10 457
-
other
1 270
-
2 194
-
social contributions
110
-
190
-
unemployment
1 489
-
2 576
-
total
11 487
-
19 872
-
Corporate
35 230
83 500
-
-
surtax
-
-
-
-
income
9 865
23 380
-
-
total
9 865
23 380
-
-
Dividends
25 365
60 120
-
-
social contributions
4 361
10 342
-
-
surtax
-
-
-
-
withholding
3 247
7 696
-
-
total
7 608
18 038
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 066
41 418
35 004
35 051
After tax
47 434
42 082
48 496
48 449
Living cost
29 677
29 677
29 677
29 677
Free-cash
17 757
12 405
18 819
18 772

Estimated living cost  is ₽29677 per week

₽17211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3015
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.
₽8889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33206
₽30529
₽31026
₽34014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 829
social contributions
-
-
-
11 524
income
-
-
-
12 525
total
-
-
-
29 878
Employee
32 645
-
83 500
-
health
2 278
-
5 829
-
social contributions
4 506
-
11 524
-
income
5 445
-
11 717
-
total
12 229
-
29 070
-
Employer
32 645
-
83 500
-
total
-
-
-
-
Corporate
50 855
83 500
-
-
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%.

2 543
4 175
-
-
total
2 543
4 175
-
-
Dividends
48 312
79 325
-
-
social contributions
6 667
10 946
-
-
health
3 373
5 536
-
-
withholding
7 246
11 898
-
-
total
17 286
28 380
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 058
32 555
29 070
29 878
After tax
51 442
50 945
54 430
53 622
Living cost
20 416
20 416
20 416
20 416
Free-cash
31 026
30 529
34 014
33 206

Estimated living cost  is ₽20416 per week

₽13663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1259
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5023
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9710
₽13098
₽11606
-₽6434
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
6 388
pensions
-
-
-
15 448
unemployment
-
-
-
5 905
income
-
-
-
11 599
chamber of commerce
-
-
-
334
surtax
-
-
-
190
total
-
-
-
39 864
Employee
48 117
38 370
64 692
-
health
1 862
1 485
2 503
-
pensions
4 928
3 928
6 625
-
unemployment
1 443
1 151
1 940
-
income
5 478
2 830
10 228
-
other
481
384
647
-
total
14 192
9 778
21 943
-
Employer
48 117
38 370
64 692
-
payroll
1 443
1 151
1 940
-
health
1 818
1 451
2 445
-
surtax
190
190
190
-
accident
625
499
840
-
pensions
6 039
4 816
8 118
-
chamber of commerce
192
153
259
-
other
2 286
1 822
3 073
-
unemployment
1 443
1 151
1 940
-
total
14 036
11 233
18 805
-
Corporate
21 347
33 897
61 039
-
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.

5 337
8 474
15 260
-
total
5 337
8 474
15 260
-
Dividends
16 010
25 423
-
-
withholding
4 403
6 991
-
-
total
4 403
6 991
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 968
36 476
56 008
39 864
After tax
45 532
47 024
27 492
43 636
Living cost
33 926
33 926
33 926
33 926
Free-cash
11 606
13 098
-6 434
9 710

Estimated living cost  is ₽33926 per week

₽22627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
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.
₽7847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5533
₽11772
-₽5418
-₽1790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
12 335
national
-
-
-
26 257
communal

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

-
-
-
4 270
total
-
-
-
42 862
Employee

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

68 871
-
64 673
-
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.

3 236
-
3 040
-
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.

5 165
-
4 851
-
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.

599
-
563
-
national
21 174
-
19 531
-
communal

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

3 592
-
3 373
-
total
33 766
-
31 358
-
Employer

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

68 871
-
64 673
-
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.

4 235
-
3 978
-
surtax
7 809
-
7 334
-
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.

895
-
840
-
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.

6 103
-
5 730
-
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.

1 005
-
945
-
total
20 047
-
18 827
-
Corporate
-
83 500
-
-
surtax
-
334
-
-
income
-
16 700
-
-
total
-
17 034
-
-
Dividends
-
66 466
-
-
withholding

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

-
19 589
-
-
total
-
19 589
-
-
Income
83 500
83 500
83 500
83 500
Total tax
53 813
36 623
50 185
42 862
After tax
29 687
46 877
33 315
40 638
Living cost
35 105
35 105
35 105
35 105
Free-cash
-5 418
11 772
-1 790
5 533

Estimated living cost  is ₽35105 per week

₽22612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9496
₽21518
₽13847
₽10088
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
accident
-
-
-
751
other
-
-
-
84
pensions
-
-
-
23 630
unemployment
-
-
-
585
income
-
-
-
14 183
total
-
-
-
39 233
Employee
47 927
-
63 316
-
pensions
2 253
-
2 976
-
unemployment
744
-
981
-
other
48
-
64
-
income
10 112
-
14 437
-
total
13 157
-
18 458
-
Employer
47 927
-
63 316
-
accident
948
-
1 253
-
pensions
11 310
-
14 942
-
other
382
-
506
-
unemployment
2 637
-
3 482
-
total
15 277
-
20 183
-
Corporate
20 297
83 500
-
-
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.

3 044
12 525
-
-
total
3 044
12 525
-
-
Dividends
17 253
70 975
-
-
withholding
3 404
14 686
-
-
total
3 404
14 686
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 882
27 211
38 641
39 233
After tax
48 618
56 289
44 859
44 267
Living cost
34 771
34 771
34 771
34 771
Free-cash
13 847
21 518
10 088
9 496

Estimated living cost  is ₽34771 per week

₽25605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2467
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3120
-₽864
-₽6826
₽952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 865
accident
-
-
-
703
pensions
-
-
-
12 516
communal
-
-
-
5 277
income
-
-
-
5 796
surtax
-
-
-
4 140
total
-
-
-
34 297
Employee
72 913
-
74 587
-
health
3 245
-
3 320
-
pensions
5 832
-
5 967
-
surtax
4 469
-
4 571
-
income
7 043
-
7 454
-
total
20 589
-
21 312
-
Employer
72 913
-
74 587
-
health
2 224
-
2 275
-
accident
656
-
671
-
pensions
5 832
-
5 967
-
total
8 712
-
8 913
-
Corporate
1 875
83 500
-
-
communal
-
5 637
-
-
surtax
20
877
-
-
income
281
12 525
-
-
total
301
19 039
-
-
Dividends
1 574
64 461
-
-
income
8 165
3 333
-
-
withholding
236
9 669
-
-
total
8 401
13 002
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 003
32 041
30 225
34 297
After tax
45 497
51 459
53 275
49 203
Living cost
52 323
52 323
52 323
52 323
Free-cash
-6 826
-864
952
-3 120

Estimated living cost  is ₽52323 per week

₽39250
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9348
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22644
₽30895
₽27834
₽21042
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
5 929
other
-
-
-
-
pensions
-
-
-
16 700
unemployment
-
-
-
219
income
-
-
-
14 767
surtax
-
-
-
1 615
total
-
-
-
39 230
Employee
32 424
-
68 980
-
health
828
-
1 760
-
pensions
2 163
-
4 601
-
unemployment
2 256
-
4 802
-
surtax
115
-
1 431
-
income
5 436
-
13 718
-
other
-
-
-
-
total
10 798
-
26 312
-
Employer
32 424
-
68 980
-
health
1 474
-
3 137
-
pensions
4 323
-
9 196
-
other
-
-
-
-
unemployment
1 029
-
2 187
-
total
6 826
-
14 520
-
Corporate
44 250
83 500
-
-
income
11 505
21 710
-
-
total
11 505
21 710
-
-
Dividends
32 744
61 790
-
-
withholding
4 911
9 269
-
-
total
4 911
9 269
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 040
30 979
40 832
39 230
After tax
49 460
52 521
42 668
44 270
Living cost
21 626
21 626
21 626
21 626
Free-cash
27 834
30 895
21 042
22 644

Estimated living cost  is ₽21626 per week

₽13057
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6188
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17485
₽17954
₽15816
₽13537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
regional
-
-
-
1 260
municipal
-
-
-
497
social contributions
-
-
-
21 476
national
-
-
-
16 846
total
-
-
-
40 079
Employee
53 409
-
83 500
-
regional
719
-
1 123
-
national
8 461
-
14 306
-
social contributions
18 010
-
28 156
-
municipal
283
-
442
-
total
27 473
-
44 027
-
Employer
53 409
-
83 500
-
total
-
-
-
-
Corporate
30 091
83 500
-
-
nationa
7 223
20 040
-
-
municipal
1 496
4 149
-
-
total
8 719
24 189
-
-
Dividends
21 372
59 311
-
-
withholding
5 556
15 421
-
-
total
5 556
15 421
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 748
39 610
44 027
40 079
After tax
41 752
43 890
39 473
43 421
Living cost
25 936
25 936
25 936
25 936
Free-cash
15 816
17 954
13 537
17 485

Estimated living cost  is ₽25936 per week

₽16130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2627
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11314
₽28136
₽17664
₽13020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
11 273
social contributions
-
-
-
24 382
solidarity contribution
-
-
-
-
income
-
-
-
7 177
total
-
-
-
42 832
Employee
43 168
-
62 313
-
health
5 828
-
8 412
-
solidarity contribution
-
-
-
-
social contributions
2 806
-
4 050
-
income
5 180
-
7 478
-
total
13 814
-
19 940
-
Employer
43 168
-
62 313
-
health
3 885
-
5 608
-
social contributions
10 792
-
15 578
-
total
14 677
-
21 186
-
Corporate
25 655
83 500
-
-
income
4 874
15 865
-
-
total
4 874
15 865
-
-
Dividends
20 781
67 635
-
-
withholding
3 117
10 145
-
-
total
3 117
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 482
26 010
41 126
42 832
After tax
47 018
57 490
42 374
40 668
Living cost
29 354
29 354
29 354
29 354
Free-cash
17 664
28 136
13 020
11 314

Estimated living cost  is ₽29354 per week

₽21830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13109
₽16409
₽15932
-₽3190
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
6 388
pensions
-
-
-
15 448
unemployment
-
-
-
5 905
income
-
-
-
11 599
chamber of commerce
-
-
-
334
surtax
-
-
-
-
total
-
-
-
39 674
Employee
42 087
38 370
64 838
-
health
1 628
1 485
2 509
-
pensions
4 310
3 928
6 640
-
unemployment
1 263
1 151
1 946
-
income
3 749
2 830
10 270
-
other
420
384
649
-
total
11 370
9 778
22 014
-
Employer
42 087
38 370
64 838
-
payroll
1 263
1 151
1 946
-
health
1 591
1 451
2 450
-
surtax
-
-
-
-
accident
546
499
842
-
pensions
5 282
4 816
8 138
-
chamber of commerce
168
153
259
-
other
1 999
1 822
3 081
-
unemployment
1 263
1 151
1 946
-
total
12 112
11 043
18 662
-
Corporate
29 301
34 087
61 184
-
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.

7 325
8 522
15 297
-
total
7 325
8 522
15 297
-
Dividends
21 976
25 566
-
-
withholding
6 044
7 031
-
-
total
6 044
7 031
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 851
36 374
55 973
39 674
After tax
46 649
47 126
27 527
43 826
Living cost
30 717
30 717
30 717
30 717
Free-cash
15 932
16 409
-3 190
13 109

Estimated living cost  is ₽30717 per week

₽18427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3137
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70314
₽66974
₽64658
₽54449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
83 500
microenterprise

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

-
-
-
835
total
-
-
-
835
Employee
15 439
-
83 500
-
income
3 088
-
16 700
-
total
3 088
-
16 700
-
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%.

68 061
83 500
-
-
total
-
-
-
-
Dividends
68 061
83 500
-
-
withholding
3 403
4 175
-
-
total
3 403
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
6 491
4 175
16 700
835
After tax
77 009
79 325
66 800
82 665
Living cost
12 351
12 351
12 351
12 351
Free-cash
64 658
66 974
54 449
70 314

Estimated living cost  is ₽12351 per week

₽8358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17936
₽31664
₽23609
₽15545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health
-
-
-
8 217
pensions
-
-
-
15 249
unemployment
-
-
-
126
income
-
-
-
16 147
total
-
-
-
39 739
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.

42 576
-
72 249
-
health
2 750
-
4 668
-
pensions
6 600
-
11 198
-
unemployment
60
-
100
-
income
7 342
-
14 914
-
total
16 752
-
30 880
-
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.

42 576
-
72 249
-
health
2 836
-
4 813
-
pensions
3 768
-
6 393
-
unemployment
26
-
44
-
total
6 630
-
11 250
-
Corporate
34 295
83 500
-
-
income
6 516
15 865
-
-
total
6 516
15 865
-
-
Dividends
27 780
67 635
-
-
withholding
4 168
10 146
-
-
total
4 168
10 146
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 066
26 011
42 130
39 739
After tax
49 434
57 489
41 370
43 761
Living cost
25 825
25 825
25 825
25 825
Free-cash
23 609
31 664
15 545
17 936

Estimated living cost  is ₽25825 per week

₽17723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13549
₽6645
-₽69086
₽25881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
9 519
income
-
-
-
16 276
total
-
-
-
25 795
Employee
63 314
-
-
-
social contributions
5 192
-
740
-
income
13 966
-
-
-
total
19 158
-
740
-
Employer
63 314
-
-
-
social contributions
89 272
-
12 723
-
total
89 272
-
12 723
-
Corporate
-
83 500
-
-
income
-
18 370
-
-
total
-
18 370
-
-
Dividends
-
65 130
-
-
income
-
14 329
-
-
total
-
14 329
-
-
Income
83 500
83 500
83 500
83 500
Total tax
108 430
32 699
13 463
25 795
After tax
-24 930
50 801
70 037
57 705
Living cost
44 156
44 156
44 156
44 156
Free-cash
-69 086
6 645
25 881
13 549

Estimated living cost  is ₽44156 per week

₽28650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
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.
₽10790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16881
₽17295
₽16324
₽13129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
social contributions

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

-
-
-
29 017
income
-
-
-
7 402
surtax
-
-
-
-
total
-
-
-
36 419
Employee
44 282
-
67 474
-
surtax
-
-
-
-
social contributions
4 871
-
7 422
-
income
9 211
-
16 723
-
total
14 082
-
24 145
-
Employer
44 282
-
67 474
-
social contributions
10 517
-
16 026
-
total
10 517
-
16 026
-
Corporate
28 701
83 500
-
-
surtax
-
-
-
-
income
6 028
17 535
-
-
total
6 028
17 535
-
-
Dividends
22 673
65 965
-
-
withholding
6 349
18 470
-
-
total
6 349
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 976
36 005
40 171
36 419
After tax
46 524
47 495
43 329
47 081
Living cost
30 200
30 200
30 200
30 200
Free-cash
16 324
17 295
13 129
16 881

Estimated living cost  is ₽30200 per week

₽22596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1946
-₽4421
₽2198
₽1993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
842
other
-
-
-
2 589
pensions
-
-
-
23 095
social contributions
-
-
-
2 381
income
-
-
-
6 144
surtax
-
-
-
-
total
-
-
-
35 051
Employee
60 303
-
63 630
-
pensions
6 821
-
7 195
-
surtax
-
-
-
-
social contributions
1 717
-
1 813
-
income
5 262
-
6 124
-
total
13 800
-
15 132
-
Employer
60 303
-
63 630
-
health
4 221
-
4 455
-
pensions
9 908
-
10 457
-
other
2 081
-
2 194
-
social contributions
181
-
190
-
unemployment
2 443
-
2 576
-
total
18 834
-
19 872
-
Corporate
4 363
83 500
-
-
surtax
-
-
-
-
income
1 222
23 380
-
-
total
1 222
23 380
-
-
Dividends
3 141
60 120
-
-
social contributions
541
10 342
-
-
surtax
-
-
-
-
withholding
402
7 696
-
-
total
943
18 038
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 799
41 418
35 004
35 051
After tax
48 701
42 082
48 496
48 449
Living cost
46 503
46 503
46 503
46 503
Free-cash
2 198
-4 421
1 993
1 946

Estimated living cost  is ₽46503 per week

₽31472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽638
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10588
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35125
₽46208
₽42974
₽37465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
1 063
social contributions
-
-
-
18 370
total
-
-
-
19 433
Employee
30 953
-
72 294
-
social contributions
2 012
-
4 699
-
income
-
-
1 188
-
total
2 012
-
5 887
-
Employer
30 953
-
72 294
-
social contributions
4 798
-
11 206
-
total
4 798
-
11 206
-
Corporate
47 749
83 500
-
-
income
4 774
8 350
-
-
total
4 774
8 350
-
-
Dividends
42 974
75 150
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
11 584
8 350
17 093
19 433
After tax
71 916
75 150
66 407
64 067
Living cost
28 942
28 942
28 942
28 942
Free-cash
42 974
46 208
37 465
35 125

Estimated living cost  is ₽28942 per week

₽18713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6080
-₽125967
-₽125967
-₽125967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
15 010
labour market
-
-
-
6 613
national
-
-
-
8 663
pensions
-
-
-
833
total
-
-
-
31 119
Employee
195 424
195 424
195 424
-
pensions
278
278
278
-
labour market
15 612
15 612
15 612
-
national
23 875
23 875
23 875
-
municipal
41 614
41 614
41 614
-
total
81 379
81 379
81 379
-
Employer
195 424
195 424
195 424
-
municipal
41 681
41 681
41 681
-
labour market
15 634
15 634
15 634
-
national
23 916
23 916
23 916
-
pensions
556
556
556
-
total
81 787
81 787
81 787
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
163 166
163 166
163 166
31 119
After tax
-79 666
-79 666
-79 666
52 381
Living cost
46 301
46 301
46 301
46 301
Free-cash
-125 967
-125 967
-125 967
6 080

Estimated living cost  is ₽46301 per week

₽31689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4096
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽712
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36294
-₽14341
₽3528
₽21160
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
2 123
accident
-
-
-
246
other
-
-
-
361
pensions
-
-
-
4 051
income
-
-
-
19 321
total
-
-
-
26 102
Employee
33 198
-
69 894
-
health
3 801
-
8 003
-
pensions
3 738
-
7 428
-
income
4 554
-
12 199
-
total
12 093
-
27 630
-
Employer
33 198
-
69 894
-
accident
554
-
1 167
-
pensions
5 398
-
10 727
-
unemployment
813
-
1 712
-
total
6 765
-
13 606
-
Corporate
43 537
83 500
-
-
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.

39 183
75 150
-
-
total
39 183
75 150
-
-
Dividends
4 354
8 350
-
-
withholding
827
1 587
-
-
total
827
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 868
76 737
41 236
26 102
After tax
24 632
6 763
42 264
57 398
Living cost
21 104
21 104
21 104
21 104
Free-cash
3 528
-14 341
21 160
36 294

Estimated living cost  is ₽21104 per week

₽15361
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽396
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23759
₽19530
₽16116
₽11683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
83 500
health
-
-
-
884
municipal
-
-
-
14 871
national
-
-
-
7 021
total
-
-
-
22 776
Employee
50 656
-
70 246
-
health
378
-
680
-
pensions
3 419
-
4 741
-
unemployment
760
-
1 054
-
national
837
-
3 645
-
municipal
8 297
-
11 478
-
total
13 691
-
21 598
-
Employer
50 656
-
70 246
-
health
389
-
541
-
accident
51
-
69
-
pensions
8 788
-
12 187
-
unemployment
329
-
457
-
total
9 557
-
13 254
-
Corporate
23 287
83 500
-
-
income
4 657
16 700
-
-
total
4 657
16 700
-
-
Dividends

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

13 972
50 100
-
-
national
-
1 286
-
-
municipal
2 514
9 019
-
-
total
2 514
10 305
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 419
27 005
34 852
22 776
After tax
53 081
56 495
48 648
60 724
Living cost
36 965
36 965
36 965
36 965
Free-cash
16 116
19 530
11 683
23 759

Estimated living cost  is ₽36965 per week

₽24145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38686
₽38901
₽33662
₽38601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
2 129
social contributions
-
-
-
13 026
income
-
-
-
7 367
total
-
-
-
22 522
Employee
74 036
74 036
75 804
-
health
574
1 259
1 288
-
social contributions
2 799
6 145
6 293
-
income
8 061
6 854
7 330
-
total
11 434
14 258
14 911
-
Employer
74 036
74 036
75 804
-
health
623
1 370
1 403
-
social contributions
2 799
6 145
6 293
-
total
3 422
7 515
7 696
-
Corporate
46 352
1 949
-
-
income
5 794
243
-
-
total
5 794
243
-
-
Dividends
40 558
1 706
-
-
withholding
6 896
291
-
-
total
6 896
291
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 546
22 307
22 607
22 522
After tax
55 954
61 193
60 893
60 978
Living cost
22 292
22 292
22 292
22 292
Free-cash
33 662
38 901
38 601
38 686

Estimated living cost  is ₽22292 per week

₽13360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50791
₽53859
₽48962
₽36258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
83 500
health
-
-
-
3 484
pensions
-
-
-
6 125
unemployment
-
-
-
27
income
-
-
-
7 786
total
-
-
-
17 422
Employee

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

22 100
-
75 702
-
health
1 878
-
6 435
-
pensions
3 314
-
11 356
-
unemployment
110
-
378
-
income
1 511
-
5 988
-
total
6 813
-
24 157
-
Employer

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

22 100
-
75 702
-
health
950
-
3 256
-
pensions
1 215
-
4 164
-
unemployment
110
-
378
-
total
2 275
-
7 798
-
Corporate
59 125
83 500
-
-
income
5 321
7 515
-
-
total
5 321
7 515
-
-
Dividends
53 805
75 985
-
-
withholding
4 842
6 839
-
-
total
4 842
6 839
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 251
14 354
31 955
17 422
After tax
64 249
69 146
51 545
66 078
Living cost
15 287
15 287
15 287
15 287
Free-cash
48 962
53 859
36 258
50 791

Estimated living cost  is ₽15287 per week

₽9753
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1102
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17791
₽29813
₽24761
₽18383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
accident
-
-
-
751
other
-
-
-
84
pensions
-
-
-
23 630
unemployment
-
-
-
585
income
-
-
-
14 183
total
-
-
-
39 233
Employee
35 601
-
63 316
-
pensions
1 674
-
2 976
-
unemployment
552
-
981
-
other
35
-
64
-
income
6 864
-
14 437
-
total
9 125
-
18 458
-
Employer
35 601
-
63 316
-
accident
705
-
1 253
-
pensions
8 401
-
14 942
-
other
285
-
506
-
unemployment
1 959
-
3 482
-
total
11 350
-
20 183
-
Corporate
36 549
83 500
-
-
income

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

5 483
12 525
-
-
total
5 483
12 525
-
-
Dividends
31 066
70 975
-
-
withholding
6 305
14 686
-
-
total
6 305
14 686
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 263
27 211
38 641
39 233
After tax
51 237
56 289
44 859
44 267
Living cost
26 476
26 476
26 476
26 476
Free-cash
24 761
29 813
18 383
17 791

Estimated living cost  is ₽26476 per week

₽17871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
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.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51427
₽50309
₽50013
₽51299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
949
pensions
-
-
-
1 309
income
-
-
-
28 020
total
-
-
-
30 278
Employee
2 734
-
82 027
-
health
137
-
327
-
pensions
246
-
589
-
unemployment
27
-
65
-
income
529
-
27 952
-
total
939
-
28 933
-
Employer
2 734
-
82 027
-
health
260
-
622
-
pensions
301
-
720
-
unemployment
55
-
131
-
total
616
-
1 473
-
Corporate
80 151
83 500
-
-
income
17 633
18 370
-
-
total
17 633
18 370
-
-
Dividends
62 517
65 130
-
-
withholding
12 504
13 026
-
-
total
12 504
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 692
31 396
30 406
30 278
After tax
51 808
52 104
53 094
53 222
Living cost
1 795
1 795
1 795
1 795
Free-cash
50 013
50 309
51 299
51 427

Estimated living cost  is ₽1795 per week

₽1067
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26037
₽43713
₽38985
₽26083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health
-
-
-
7 314
pensions
-
-
-
18 462
unemployment
-
-
-
1 065
income
-
-
-
14 006
total
-
-
-
40 847
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.

25 057
-
70 823
-
health
1 290
-
3 647
-
pensions
3 508
-
9 915
-
unemployment
188
-
531
-
income
3 454
-
14 031
-
total
8 440
-
28 124
-
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.

25 057
-
70 823
-
health
1 290
-
3 647
-
pensions
3 007
-
8 499
-
unemployment
188
-
531
-
total
4 485
-
12 677
-
Corporate
53 958
83 500
-
-
income
8 094
12 525
-
-
total
8 094
12 525
-
-
Dividends
45 865
70 975
-
-
withholding
6 880
10 646
-
-
total
6 880
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 899
23 171
40 801
40 847
After tax
55 601
60 329
42 699
42 653
Living cost
16 616
16 616
16 616
16 616
Free-cash
38 985
43 713
26 083
26 037

Estimated living cost  is ₽16616 per week

₽11188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1285
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.
₽3662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21124
₽21538
₽21192
₽17372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
social contributions

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

-
-
-
29 017
income
-
-
-
7 402
surtax
-
-
-
-
total
-
-
-
36 419
Employee
37 369
-
67 474
-
surtax
-
-
-
-
social contributions
4 111
-
7 422
-
income
7 302
-
16 723
-
total
11 413
-
24 145
-
Employer
37 369
-
67 474
-
social contributions
8 874
-
16 026
-
total
8 874
-
16 026
-
Corporate
37 257
83 500
-
-
surtax
-
-
-
-
income
7 824
17 535
-
-
total
7 824
17 535
-
-
Dividends
29 433
65 965
-
-
withholding
8 240
18 470
-
-
total
8 240
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 351
36 005
40 171
36 419
After tax
47 149
47 495
43 329
47 081
Living cost
25 957
25 957
25 957
25 957
Free-cash
21 192
21 538
17 372
21 124

Estimated living cost  is ₽25957 per week

₽18384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1803
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.
₽5310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10429
₽22451
₽15108
₽11021
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
accident
-
-
-
751
other
-
-
-
84
pensions
-
-
-
23 630
unemployment
-
-
-
585
income
-
-
-
14 183
total
-
-
-
39 233
Employee
46 500
-
63 316
-
pensions
2 185
-
2 976
-
unemployment
720
-
981
-
other
46
-
64
-
income
9 712
-
14 437
-
total
12 663
-
18 458
-
Employer
46 500
-
63 316
-
accident
921
-
1 253
-
pensions
10 974
-
14 942
-
other
373
-
506
-
unemployment
2 558
-
3 482
-
total
14 826
-
20 183
-
Corporate
22 175
83 500
-
-
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.

3 327
12 525
-
-
total
3 327
12 525
-
-
Dividends
18 848
70 975
-
-
withholding
3 738
14 686
-
-
total
3 738
14 686
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 554
27 211
38 641
39 233
After tax
48 946
56 289
44 859
44 267
Living cost
33 838
33 838
33 838
33 838
Free-cash
15 108
22 451
11 021
10 429

Estimated living cost  is ₽33838 per week

₽24301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45629
₽54957
₽49133
₽47989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
3 838
pensions

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

-
-
-
4 939
unemployment
-
-
-
133
income
-
-
-
12 525
total
-
-
-
21 435
Employee
21 764
-
76 952
-
health
1 001
-
1 535
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

1 911
-
2 930
-
income
2 177
-
7 695
-
total
5 328
-
12 527
-
Employer
21 764
-
76 952
-
health
1 502
-
2 303
-
accident

We are using the highest rate at 1.1%.

239
-
367
-
pensions

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

2 398
-
3 678
-
unemployment
131
-
200
-
total
4 270
-
6 548
-
Corporate
57 466
83 500
-
-
income
5 747
8 350
-
-
total
5 747
8 350
-
-
Dividends
51 720
75 150
-
-
withholding
2 586
3 757
-
-
total
2 586
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 931
12 107
19 075
21 435
After tax
65 569
71 393
64 425
62 065
Living cost
16 436
16 436
16 436
16 436
Free-cash
49 133
54 957
47 989
45 629

Estimated living cost  is ₽16436 per week

₽10871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18095
₽5941
₽18536
₽23653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health

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

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

-
-
-
6 578
trade
-
-
-
5 558
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.

-
-
-
839
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.

-
-
-
15 258
total
-
-
-
28 233
Employee

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

47 906
-
83 500
-
health

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

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

6 578
-
6 578
-
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.

217
-
839
-
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.

3 939
-
15 258
-
total
10 734
-
22 675
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 594
83 500
-
-
trade
5 109
11 982
-
-
chamber of commerce
199
269
-
-
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.

294
689
-
-
income
5 339
12 525
-
-
total
10 941
25 465
-
-
Dividends
24 653
58 035
-
-
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.

320
778
-
-
withholding
5 797
14 144
-
-
total
6 117
14 922
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 792
40 387
22 675
28 233
After tax
55 708
43 113
60 825
55 267
Living cost
37 172
37 172
37 172
37 172
Free-cash
18 536
5 941
23 653
18 095

Estimated living cost  is ₽37172 per week

₽25642
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4010
₽3605
₽5731
₽4010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
17 486
social contributions
-
-
-
7 158
total
-
-
-
24 644
Employee
75 314
-
83 500
-
social contributions
6 257
-
7 158
-
income
14 211
-
17 486
-
total
20 468
-
24 644
-
Employer
75 314
-
83 500
-
total
-
-
-
-
Corporate
8 186
83 500
-
-
income
1 023
10 438
-
-
total
1 023
10 438
-
-
Dividends
7 163
73 062
-
-
withholding
1 432
14 611
-
-
total
1 432
14 611
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 923
25 049
24 644
24 644
After tax
60 577
58 451
58 856
58 856
Living cost
54 846
54 846
54 846
54 846
Free-cash
5 731
3 605
4 010
4 010

Estimated living cost  is ₽54846 per week

₽41726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15181
₽14238
₽19285
₽26175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
income
-
-
-
27 407
health

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

-
-
-
5 962
total
-
-
-
33 369
Employee
44 168
-
79 071
-
social contributions
4 425
-
4 429
-
income
4 793
-
13 517
-
total
9 218
-
17 946
-
Employer
44 168
-
79 071
-
social contributions
4 425
-
4 429
-
total
4 425
-
4 429
-
Corporate
34 906
83 500
-
-
income
12 218
29 225
-
-
total
12 218
29 225
-
-
Dividends
22 689
54 275
-
-
social contributions
3 404
5 087
-
-
total
3 404
5 087
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 265
34 312
22 375
33 369
After tax
54 235
49 188
61 125
50 131
Living cost
34 950
34 950
34 950
34 950
Free-cash
19 285
14 238
26 175
15 181

Estimated living cost  is ₽34950 per week

₽23022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26395
₽26888
₽21464
₽17029
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
pensions
-
-
-
5 912
income
-
-
-
15 517
total
-
-
-
21 429
Employee
48 970
-
73 736
-
health
639
-
1 146
-
pensions
3 738
-
6 709
-
income
8 918
-
13 176
-
total
13 295
-
21 031
-
Employer
48 970
-
73 736
-
health
931
-
1 400
-
pensions
4 948
-
8 364
-
total
5 879
-
9 764
-
Corporate
28 652
83 500
-
-
income

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

5 445
15 864
-
-
total
5 445
15 864
-
-
Dividends
23 208
67 636
-
-
withholding
1 741
5 072
-
-
total
1 741
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 360
20 936
30 795
21 429
After tax
57 140
62 564
52 705
62 071
Living cost
35 676
35 676
35 676
35 676
Free-cash
21 464
26 888
17 029
26 395

Estimated living cost  is ₽35676 per week

₽24473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3281
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽34205
-₽16430
₽3207
₽19071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
health
-
-
-
2 123
accident
-
-
-
246
other
-
-
-
361
pensions
-
-
-
4 051
income
-
-
-
19 321
total
-
-
-
26 102
Employee
36 484
-
69 894
-
health
4 177
-
8 003
-
pensions
4 108
-
7 428
-
income
5 005
-
12 199
-
total
13 290
-
27 630
-
Employer
36 484
-
69 894
-
accident
609
-
1 167
-
pensions
5 932
-
10 727
-
unemployment
894
-
1 712
-
total
7 435
-
13 606
-
Corporate
39 581
83 500
-
-
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.

35 623
75 150
-
-
total
35 623
75 150
-
-
Dividends
3 958
8 350
-
-
withholding
752
1 587
-
-
total
752
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
57 100
76 737
41 236
26 102
After tax
26 400
6 763
42 264
57 398
Living cost
23 193
23 193
23 193
23 193
Free-cash
3 207
-16 430
19 071
34 205

Estimated living cost  is ₽23193 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35078
₽57982
₽53305
₽36887
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
83 500
health insurance
-
-
-
6 179
work injury
-
-
-
417
pensions
-
-
-
15 364
unemployment
-
-
-
1 002
income
-
-
-
12 467
total
-
-
-
35 429
Employee

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

20 789
-
83 500
-
pensions
3 825
-
14 153
-
work injury
104
-
385
-
unemployment
249
-
923
-
health insurance
1 538
-
5 692
-
income
2 079
-
12 467
-
total
7 795
-
33 620
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 711
83 500
-
-
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%.

-
-
-
-
total
-
-
-
-
Dividends
62 711
83 500
-
-
withholding
9 407
12 525
-
-
total
9 407
12 525
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 202
12 525
33 620
35 429
After tax
66 298
70 975
49 880
48 071
Living cost
12 993
12 993
12 993
12 993
Free-cash
53 305
57 982
36 887
35 078

Estimated living cost  is ₽12993 per week

₽8049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4713
₽5625
₽1247
₽896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
regional
-
-
-
1 550
municipal
-
-
-
559
social contributions
-
-
-
21 476
national
-
-
-
16 846
total
-
-
-
40 431
Employee
81 133
-
83 500
-
regional
1 225
-
1 287
-
national
13 711
-
14 306
-
social contributions
27 357
-
28 156
-
municipal
484
-
499
-
total
42 777
-
44 248
-
Employer
81 133
-
83 500
-
total
-
-
-
-
Corporate
2 367
83 500
-
-
nationa
568
20 040
-
-
municipal
113
4 025
-
-
total
681
24 065
-
-
Dividends
1 686
59 435
-
-
withholding
439
15 454
-
-
total
439
15 454
-
-
Income
83 500
83 500
83 500
83 500
Total tax
43 897
39 519
44 248
40 431
After tax
39 603
43 981
39 252
43 069
Living cost
38 356
38 356
38 356
38 356
Free-cash
1 247
5 625
896
4 713

Estimated living cost  is ₽38356 per week

₽26943
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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