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
₽13357
₽31846
₽25680
₽23912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 395
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.

-
-
-
847
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.

-
-
-
6 517
trade
-
-
-
6 166
total
-
-
-
28 925
Employee

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

36 487
-
83 500
-
surtax

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

56
-
847
-
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.

1 019
-
15 395
-
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.

6 517
-
6 517
-
total
7 592
-
22 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 013
83 500
-
-
income
7 051
12 526
-
-
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.

387
690
-
-
chamber of commerce
212
264
-
-
trade
7 404
13 152
-
-
total
15 054
26 632
-
-
Dividends
31 958
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.

420
762
-
-
withholding
7 627
13 854
-
-
total
8 047
14 616
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 693
41 248
22 759
28 925
After tax
52 807
42 252
60 741
54 575
Living cost
28 895
28 895
28 895
28 895
Free-cash
23 912
13 357
31 846
25 680

Estimated living cost  is ₽28895 per week

₽18176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3369
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.
₽6810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1007
₽517
-₽138
-₽2898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
898
municipal
-
-
-
8 481
national
-
-
-
13 142
pensions
-
-
-
10 020
total
-
-
-
32 541
Employee
79 209
-
72 185
-
municipal
9 784
-
8 805
-
pensions
3 168
-
2 887
-
national
15 161
-
13 643
-
total
28 113
-
25 335
-
Employer
79 209
-
72 185
-
pensions
6 337
-
5 775
-
social contributions
851
-
776
-
total
7 188
-
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
35 301
31 396
31 886
32 541
After tax
48 199
52 104
51 614
50 959
Living cost
51 097
51 097
51 097
51 097
Free-cash
-2 898
1 007
517
-138

Estimated living cost  is ₽51097 per week

₽34730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4750
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46954
₽27354
₽24865
₽39128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
11 944
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.

-
-
-
26 845
microenterprise
-
-
-
-
total
-
-
-
38 789
Employee
27 875
-
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.

3 067
-
7 402
-
income
4 962
-
12 688
-
total
8 029
-
20 090
-
Employer
27 875
-
67 290
-
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.

6 714
-
16 210
-
surtax
-
-
-
-
total
6 714
-
16 210
-
Corporate
48 910
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%.

9 783
16 700
-
-
total
9 783
16 700
-
-
Dividends

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

39 127
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 526
16 700
36 300
38 789
After tax
58 974
66 800
47 200
44 711
Living cost
19 846
19 846
19 846
19 846
Free-cash
39 128
46 954
27 354
24 865

Estimated living cost  is ₽19846 per week

₽12661
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5876
-₽11231
₽7500
-₽11231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 109
health
-
-
-
10 751
pensions
-
-
-
11 177
total
-
-
-
36 037
Employee
81 464
81 464
81 464
-
pensions
14 664
11 177
14 664
-
income

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

13 334
13 334
13 334
-
health
12 504
10 636
12 504
-
total
40 502
35 147
40 502
-
Employer
81 464
81 464
81 464
-
health
5 663
5 663
5 663
-
pensions
5 670
5 670
5 670
-
unemployment
2 933
2 933
2 933
-
total
14 266
14 266
14 266
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
54 768
49 413
54 768
36 037
After tax
28 732
34 087
28 732
47 463
Living cost
39 963
39 963
39 963
39 963
Free-cash
-11 231
-5 876
-11 231
7 500

Estimated living cost  is ₽39963 per week

₽28321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7404
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6628
₽5628
₽2662
₽5754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
167
other
-
-
-
9 703
unemployment
-
-
-
83
health
-
-
-
5 210
municipal
-
-
-
17 686
national
-
-
-
-
pensions
-
-
-
9 026
total
-
-
-
41 875
Employee
55 518
-
63 537
-
municipal
16 556
-
18 947
-
national
-
-
-
-
total
16 556
-
18 947
-
Employer
55 518
-
63 537
-
health
3 414
-
3 907
-
pensions
6 001
-
6 868
-
accident
111
-
127
-
unemployment
1 466
-
1 677
-
other
6 451
-
7 383
-
total
17 443
-
19 962
-
Corporate
10 538
83 500
-
-
income
2 318
18 370
-
-
total
2 318
18 370
-
-
Dividends
8 220
65 130
-
-
withholding
2 466
19 539
-
-
total
2 466
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 783
37 909
38 909
41 875
After tax
44 717
45 591
44 591
41 625
Living cost
38 963
38 963
38 963
38 963
Free-cash
5 754
6 628
5 628
2 662

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4345
₽23266
₽16827
₽17751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 395
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.

-
-
-
847
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.

-
-
-
6 517
trade
-
-
-
6 439
total
-
-
-
29 198
Employee

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

48 377
-
83 500
-
surtax

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

228
-
847
-
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.

4 156
-
15 395
-
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.

6 517
-
6 517
-
total
10 901
-
22 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 123
83 500
-
-
income
5 268
12 526
-
-
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.

290
690
-
-
chamber of commerce
196
264
-
-
trade
5 779
13 735
-
-
total
11 533
27 215
-
-
Dividends
23 591
56 286
-
-
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.

304
755
-
-
withholding
5 536
13 710
-
-
total
5 840
14 465
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 274
41 680
22 759
29 198
After tax
55 226
41 820
60 741
54 302
Living cost
37 475
37 475
37 475
37 475
Free-cash
17 751
4 345
23 266
16 827

Estimated living cost  is ₽37475 per week

₽25064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30248
₽29829
₽29917
₽26288
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 487
social contributions
-
-
-
13 025
health
-
-
-
2 129
total
-
-
-
22 641
Employee
73 355
73 355
75 804
-
social contributions
3 565
6 088
6 293
-
income
7 703
6 790
7 451
-
health
730
1 247
1 289
-
total
11 998
14 125
15 033
-
Employer
73 355
73 355
75 804
-
health
795
1 358
1 403
-
social contributions
3 565
6 088
6 293
-
total
4 360
7 446
7 696
-
Corporate
36 202
2 699
-
-
income
4 526
337
-
-
total
4 526
337
-
-
Dividends
31 676
2 363
-
-
withholding
5 386
402
-
-
total
5 386
402
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 270
22 310
22 729
22 641
After tax
57 230
61 190
60 771
60 859
Living cost
30 942
30 942
30 942
30 942
Free-cash
26 288
30 248
29 829
29 917

Estimated living cost  is ₽30942 per week

₽21152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6854
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29577
₽30897
₽40336
₽29942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 208
unemployment
-
-
-
1 252
health
-
-
-
5 845
pensions
-
-
-
8 350
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.

25 275
10 059
69 874
-
unemployment
379
151
1 048
-
pensions
2 528
1 006
6 987
-
income
3 090
1 230
8 542
-
health
1 769
704
4 891
-
total
7 766
3 091
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.

25 275
10 059
69 874
-
pensions
4 929
1 962
13 626
-
total
4 929
1 962
13 626
-
Corporate
53 296
71 479
-
-
income
4 797
6 433
-
-
total
4 797
6 433
-
-
Dividends
48 500
65 046
-
-
social contributions
9 342
12 569
-
-
withholding
9 215
12 359
-
-
total
18 557
24 928
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 049
36 414
35 094
25 655
After tax
47 451
47 086
48 406
57 845
Living cost
17 509
17 509
17 509
17 509
Free-cash
29 942
29 577
30 897
40 336

Estimated living cost  is ₽17509 per week

₽11949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43758
₽25089
₽21713
₽37831
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 190
health
-
-
-
10 855
pensions
-
-
-
16 700
total
-
-
-
38 745
Employee
27 062
-
62 404
-
unemployment
433
-
999
-
pensions
541
-
1 247
-
income
3 047
-
12 031
-
total
4 021
-
14 277
-
Employer
27 062
-
62 404
-
health
3 517
-
8 112
-
pensions
5 413
-
12 480
-
unemployment
217
-
500
-
total
9 147
-
21 092
-
Corporate
47 290
83 500
-
-
income
9 459
16 700
-
-
total
9 459
16 700
-
-
Dividends
37 831
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 627
16 700
35 369
38 745
After tax
60 873
66 800
48 131
44 755
Living cost
23 042
23 042
23 042
23 042
Free-cash
37 831
43 758
25 089
21 713

Estimated living cost  is ₽23042 per week

₽15804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14518
₽21023
₽36113
₽3500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
19 369
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
26 106
Employee
33 476
-
69 960
-
pensions
3 769
-
7 380
-
income
4 593
-
12 267
-
health
3 833
-
8 010
-
total
12 195
-
27 657
-
Employer
33 476
-
69 960
-
pensions
5 443
-
10 657
-
accident
559
-
1 168
-
unemployment
820
-
1 714
-
total
6 822
-
13 539
-
Corporate
43 202
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.

38 881
75 150
-
-
total
38 881
75 150
-
-
Dividends
4 320
8 350
-
-
withholding
821
1 587
-
-
total
821
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 719
76 737
41 196
26 106
After tax
24 781
6 763
42 304
57 394
Living cost
21 281
21 281
21 281
21 281
Free-cash
3 500
-14 518
21 023
36 113

Estimated living cost  is ₽21281 per week

₽15597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1179
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.
₽4061
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71538
₽59013
₽74878
₽70079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 733
-
83 500
-
income
1 946
-
16 700
-
total
1 946
-
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%.

73 767
83 500
-
-
total
-
-
-
-
Dividends
73 767
83 500
-
-
withholding
3 688
4 175
-
-
total
3 688
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
5 634
4 175
16 700
835
After tax
77 866
79 325
66 800
82 665
Living cost
7 787
7 787
7 787
7 787
Free-cash
70 079
71 538
59 013
74 878

Estimated living cost  is ₽7787 per week

₽4826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽214
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2100
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35928
₽23524
₽19797
₽29486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 607
other
-
-
-
3 966
health
-
-
-
3 673
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.

-
-
-
20 038
total
-
-
-
38 284
Employee
34 637
-
66 693
-
unemployment
346
-
666
-
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.

2 424
-
4 669
-
income
5 963
-
11 481
-
health
485
-
934
-
total
9 218
-
17 750
-
Employer
34 637
-
66 693
-
health
485
-
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.

5 889
-
11 338
-
accident
277
-
534
-
unemployment
346
-
666
-
other
1 732
-
3 335
-
total
8 729
-
16 807
-
Corporate
40 133
83 500
-
-
income
8 429
17 535
-
-
total
8 429
17 535
-
-
Dividends
31 705
65 965
-
-
withholding
2 219
4 618
-
-
total
2 219
4 618
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 595
22 153
34 557
38 284
After tax
54 905
61 347
48 943
45 216
Living cost
25 419
25 419
25 419
25 419
Free-cash
29 486
35 928
23 524
19 797

Estimated living cost  is ₽25419 per week

₽17960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽609
-₽10518
-₽1121
-₽18126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 512
pensions
-
-
-
5 939
total
-
-
-
21 451
Employee
89 376
-
73 709
-
pensions
8 622
-
6 742
-
income
16 111
-
13 163
-
health
1 473
-
1 152
-
total
26 206
-
21 057
-
Employer
89 376
-
73 709
-
health
1 697
-
1 400
-
pensions
10 553
-
8 391
-
total
12 250
-
9 791
-
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.

-
15 865
-
-
total
-
15 865
-
-
Dividends
-
67 635
-
-
withholding
-
5 074
-
-
total
-
5 074
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 456
20 939
30 848
21 451
After tax
45 044
62 561
52 652
62 049
Living cost
63 170
63 170
63 170
63 170
Free-cash
-18 126
-609
-10 518
-1 121

Estimated living cost  is ₽63170 per week

₽47334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7422
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58889
₽51943
₽49578
₽54460
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 525
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
21 419
Employee
16 556
-
76 965
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 454
-
2 925
-
income
1 655
-
7 696
-
health
761
-
1 532
-
total
4 052
-
12 519
-
Employer
16 556
-
76 965
-
health
1 143
-
2 298
-
pensions

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

1 825
-
3 671
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 249
-
6 535
-
Corporate
63 696
83 500
-
-
income
6 370
8 350
-
-
total
6 370
8 350
-
-
Dividends
57 326
75 150
-
-
withholding
2 866
3 758
-
-
total
2 866
3 758
-
-
Income
83 500
83 500
83 500
83 500
Total tax
16 537
12 108
19 054
21 419
After tax
66 963
71 392
64 446
62 081
Living cost
12 503
12 503
12 503
12 503
Free-cash
54 460
58 889
51 943
49 578

Estimated living cost  is ₽12503 per week

₽7299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3980
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18811
-₽24166
-₽5435
-₽20428
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 109
health
-
-
-
10 751
pensions
-
-
-
11 177
total
-
-
-
36 037
Employee
88 444
81 464
81 464
-
pensions
11 177
11 177
14 664
-
income

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

13 334
13 334
13 334
-
health
11 034
10 636
12 504
-
total
35 545
35 147
40 502
-
Employer
88 444
81 464
81 464
-
health
6 146
5 663
5 663
-
pensions
6 155
5 670
5 670
-
unemployment
3 184
2 933
2 933
-
total
15 485
14 266
14 266
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
51 030
49 413
54 768
36 037
After tax
32 470
34 087
28 732
47 463
Living cost
52 898
52 898
52 898
52 898
Free-cash
-20 428
-18 811
-24 166
-5 435

Estimated living cost  is ₽52898 per week

₽39021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4725
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33746
₽18630
₽16924
₽25275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 177
social contributions
-
-
-
24 382
solidarity contribution
-
-
-
-
health
-
-
-
11 273
total
-
-
-
42 832
Employee
34 918
-
62 313
-
solidarity contribution
-
-
-
-
social contributions
2 270
-
4 050
-
income
4 190
-
7 478
-
health
4 714
-
8 412
-
total
11 174
-
19 940
-
Employer
34 918
-
62 313
-
health
3 143
-
5 608
-
social contributions
8 729
-
15 578
-
total
11 872
-
21 186
-
Corporate
36 710
83 500
-
-
income
6 975
15 865
-
-
total
6 975
15 865
-
-
Dividends
29 735
67 635
-
-
withholding
4 460
10 145
-
-
total
4 460
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 481
26 010
41 126
42 832
After tax
49 019
57 490
42 374
40 668
Living cost
23 744
23 744
23 744
23 744
Free-cash
25 275
33 746
18 630
16 924

Estimated living cost  is ₽23744 per week

₽16493
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
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.
₽5095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4297
-₽507
₽3466
-₽1283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 476
regional
-
-
-
901
municipal
-
-
-
496
national
-
-
-
16 907
total
-
-
-
39 780
Employee
84 782
-
83 500
-
municipal
449
-
444
-
national
14 691
-
14 368
-
regional
800
-
785
-
social contributions
28 589
-
28 156
-
total
44 529
-
43 753
-
Employer
84 782
-
83 500
-
total
-
-
-
-
Corporate
-
83 500
-
-
municipal
-
3 257
-
-
nationa
-
20 040
-
-
total
-
23 297
-
-
Dividends
-
60 203
-
-
withholding
-
15 652
-
-
total
-
15 652
-
-
Income
83 500
83 500
83 500
83 500
Total tax
44 529
38 949
43 753
39 780
After tax
38 971
44 551
39 747
43 720
Living cost
40 254
40 254
40 254
40 254
Free-cash
-1 283
4 297
-507
3 466

Estimated living cost  is ₽40254 per week

₽28060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31471
₽21526
₽23127
₽28501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 839
other
-
-
-
-
surtax
-
-
-
1 637
unemployment
-
-
-
217
health
-
-
-
5 929
pensions
-
-
-
16 700
total
-
-
-
39 322
Employee
31 547
-
68 981
-
other
-
-
-
-
unemployment
2 196
-
4 801
-
pensions
2 104
-
4 602
-
surtax
103
-
1 452
-
income
5 288
-
13 791
-
health
806
-
1 758
-
total
10 497
-
26 404
-
Employer
31 547
-
68 981
-
health
1 436
-
3 137
-
pensions
4 205
-
9 195
-
unemployment
999
-
2 187
-
other
-
-
-
-
total
6 640
-
14 519
-
Corporate
45 313
83 500
-
-
income
11 782
21 709
-
-
total
11 782
21 709
-
-
Dividends
33 531
61 791
-
-
withholding
5 029
9 269
-
-
total
5 029
9 269
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 948
30 978
40 923
39 322
After tax
49 552
52 522
42 577
44 178
Living cost
21 051
21 051
21 051
21 051
Free-cash
28 501
31 471
21 526
23 127

Estimated living cost  is ₽21051 per week

₽12871
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5751
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19405
₽9496
₽18893
₽11972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 512
pensions
-
-
-
5 939
total
-
-
-
21 451
Employee
59 897
-
73 709
-
pensions
5 084
-
6 742
-
income
10 788
-
13 163
-
health
870
-
1 152
-
total
16 742
-
21 057
-
Employer
59 897
-
73 709
-
health
1 138
-
1 400
-
pensions
6 484
-
8 391
-
total
7 622
-
9 791
-
Corporate
15 981
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.

3 037
15 865
-
-
total
3 037
15 865
-
-
Dividends
12 944
67 635
-
-
withholding
971
5 074
-
-
total
971
5 074
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 372
20 939
30 848
21 451
After tax
55 128
62 561
52 652
62 049
Living cost
43 156
43 156
43 156
43 156
Free-cash
11 972
19 405
9 496
18 893

Estimated living cost  is ₽43156 per week

₽32332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7137
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37875
-₽10197
-₽5930
-₽13988
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 670
regional
-
-
-
2 528
health
-
-
-
248
city
-
-
-
879
national
-
-
-
365
pensions
-
-
-
7 681
total
-
-
-
13 371
Employee
89 009
-
74 737
-
unemployment
-
-
-
-
pensions
7 478
-
6 278
-
national
421
-
308
-
regional
2 915
-
2 141
-
city
955
-
803
-
health
201
-
168
-
total
11 970
-
9 698
-
Employer
89 009
-
74 737
-
health
201
-
168
-
pensions
7 478
-
6 278
-
unemployment
-
-
-
-
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.

1 780
-
1 494
-
total
9 459
-
7 940
-
Corporate
-
83 500
-
-
regional
-
17 659
-
-
national
-
7 097
-
-
total
-
24 756
-
-
Dividends
-
58 744
-
-
withholding
-
20 560
-
-
total
-
20 560
-
-
Income
83 500
83 500
83 500
83 500
Total tax
21 429
45 316
17 638
13 371
After tax
62 071
38 184
65 862
70 129
Living cost
76 059
76 059
76 059
76 059
Free-cash
-13 988
-37 875
-10 197
-5 930

Estimated living cost  is ₽76059 per week

₽49460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽934
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2308
₽17040
₽10326
₽13164
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 395
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.

-
-
-
847
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.

-
-
-
6 517
trade
-
-
-
6 714
total
-
-
-
29 473
Employee

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

57 331
-
83 500
-
surtax

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

371
-
847
-
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.

6 742
-
15 395
-
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.

6 517
-
6 517
-
total
13 630
-
22 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 169
83 500
-
-
income
3 925
12 526
-
-
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.

215
690
-
-
chamber of commerce
181
262
-
-
trade
4 488
14 320
-
-
total
8 809
27 798
-
-
Dividends
17 360
55 703
-
-
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.

219
746
-
-
withholding
3 977
13 563
-
-
total
4 196
14 309
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 635
42 107
22 759
29 473
After tax
56 865
41 393
60 741
54 027
Living cost
43 701
43 701
43 701
43 701
Free-cash
13 164
-2 308
17 040
10 326

Estimated living cost  is ₽43701 per week

₽31918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9445
₽15760
₽15783
₽15080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 269
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 381
health
-
-
-
892
pensions
-
-
-
22 948
total
-
-
-
35 079
Employee
40 828
-
63 630
-
pensions
4 616
-
7 196
-
surtax
-
-
-
-
social contributions
1 164
-
1 814
-
income
2 410
-
6 220
-
total
8 190
-
15 230
-
Employer
40 828
-
63 630
-
health
2 858
-
4 453
-
pensions
6 707
-
10 455
-
unemployment
1 653
-
2 578
-
social contributions
123
-
190
-
other
1 408
-
2 196
-
total
12 749
-
19 872
-
Corporate
29 922
83 500
-
-
income
8 378
23 380
-
-
surtax
-
-
-
-
total
8 378
23 380
-
-
Dividends
21 544
60 120
-
-
surtax
-
-
-
-
social contributions
3 708
10 341
-
-
withholding
2 757
7 696
-
-
total
6 465
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 782
41 417
35 102
35 079
After tax
47 718
42 083
48 398
48 421
Living cost
32 638
32 638
32 638
32 638
Free-cash
15 080
9 445
15 760
15 783

Estimated living cost  is ₽32638 per week

₽20580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12679
₽18994
₽19017
₽17980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 269
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 381
health
-
-
-
892
pensions
-
-
-
22 948
total
-
-
-
35 079
Employee
36 445
-
63 630
-
pensions
4 122
-
7 196
-
surtax
-
-
-
-
social contributions
1 039
-
1 814
-
income
1 879
-
6 220
-
total
7 040
-
15 230
-
Employer
36 445
-
63 630
-
health
2 551
-
4 453
-
pensions
5 989
-
10 455
-
unemployment
1 475
-
2 578
-
social contributions
109
-
190
-
other
1 258
-
2 196
-
total
11 382
-
19 872
-
Corporate
35 674
83 500
-
-
income
9 989
23 380
-
-
surtax
-
-
-
-
total
9 989
23 380
-
-
Dividends
25 685
60 120
-
-
surtax
-
-
-
-
social contributions
4 417
10 341
-
-
withholding
3 288
7 696
-
-
total
7 705
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 116
41 417
35 102
35 079
After tax
47 384
42 083
48 398
48 421
Living cost
29 404
29 404
29 404
29 404
Free-cash
17 980
12 679
18 994
19 017

Estimated living cost  is ₽29404 per week

₽17053
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30713
₽34159
₽33396
₽31208
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 526
social contributions
-
-
-
11 523
health
-
-
-
5 827
total
-
-
-
29 876
Employee
32 345
-
83 500
-
social contributions
4 464
-
11 523
-
income
5 395
-
11 763
-
health
2 257
-
5 827
-
total
12 116
-
29 113
-
Employer
32 345
-
83 500
-
total
-
-
-
-
Corporate
51 155
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%.

2 558
4 175
-
-
total
2 558
4 175
-
-
Dividends
48 597
79 325
-
-
social contributions
6 707
10 947
-
-
withholding
7 290
11 899
-
-
health
3 393
5 538
-
-
total
17 390
28 384
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 064
32 559
29 113
29 876
After tax
51 436
50 941
54 387
53 624
Living cost
20 228
20 228
20 228
20 228
Free-cash
31 208
30 713
34 159
33 396

Estimated living cost  is ₽20228 per week

₽13538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13396
-₽6211
₽9748
₽11920
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 930
surtax
-
-
-
188
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
333
health
-
-
-
6 389
pensions
-
-
-
15 447
total
-
-
-
40 138
Employee
47 675
38 017
64 691
-
other
476
380
646
-
unemployment
1 430
1 140
1 941
-
pensions
4 882
3 892
6 624
-
income
5 427
2 804
10 304
-
health
1 845
1 472
2 504
-
total
14 060
9 688
22 019
-
Employer
47 675
38 017
64 691
-
chamber of commerce
190
152
259
-
health
1 801
1 437
2 446
-
pensions
5 983
4 772
8 119
-
accident
619
494
842
-
unemployment
1 430
1 140
1 941
-
surtax
188
188
188
-
payroll
1 430
1 140
1 941
-
other
2 265
1 805
3 074
-
total
13 906
11 128
18 810
-
Corporate
21 919
34 354
61 070
-
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.

5 480
8 588
15 268
-
total
5 480
8 588
15 268
-
Dividends
16 439
25 765
-
-
withholding
4 520
7 086
-
-
total
4 520
7 086
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 966
36 490
56 097
40 138
After tax
45 534
47 010
27 403
43 362
Living cost
33 614
33 614
33 614
33 614
Free-cash
11 920
13 396
-6 211
9 748

Estimated living cost  is ₽33614 per week

₽22419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2868
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7775
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12091
-₽1519
₽5779
-₽4601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 267
social contributions
-
-
-
12 384
national
-
-
-
26 287
total
-
-
-
42 938
Employee

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

68 237
-
64 671
-
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.

594
-
563
-
communal

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

3 559
-
3 373
-
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.

5 118
-
4 850
-
national
20 979
-
19 583
-
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.

3 206
-
3 040
-
total
33 456
-
31 409
-
Employer

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

68 237
-
64 671
-
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.

4 196
-
3 977
-
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.

6 046
-
5 730
-
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.

887
-
840
-
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.

996
-
945
-
surtax
7 737
-
7 335
-
total
19 862
-
18 827
-
Corporate
-
83 500
-
-
income
-
16 700
-
-
surtax
-
333
-
-
total
-
17 033
-
-
Dividends
-
66 467
-
-
withholding

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

-
19 593
-
-
total
-
19 593
-
-
Income
83 500
83 500
83 500
83 500
Total tax
53 318
36 626
50 236
42 938
After tax
30 182
46 874
33 264
40 562
Living cost
34 783
34 783
34 783
34 783
Free-cash
-4 601
12 091
-1 519
5 779

Estimated living cost  is ₽34783 per week

₽22404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3041
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8793
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21836
₽10377
₽9786
₽14236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 214
other
-
-
-
83
unemployment
-
-
-
585
pensions
-
-
-
23 630
total
-
-
-
39 263
Employee
47 486
-
63 315
-
other
47
-
63
-
unemployment
737
-
981
-
pensions
2 232
-
2 976
-
income
10 019
-
14 467
-
total
13 035
-
18 487
-
Employer
47 486
-
63 315
-
pensions
11 206
-
14 942
-
accident
940
-
1 253
-
unemployment
2 612
-
3 483
-
other
378
-
507
-
total
15 136
-
20 185
-
Corporate
20 878
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.

3 132
12 526
-
-
total
3 132
12 526
-
-
Dividends
17 746
70 974
-
-
withholding
3 510
14 687
-
-
total
3 510
14 687
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 813
27 213
38 672
39 263
After tax
48 687
56 287
44 828
44 237
Living cost
34 451
34 451
34 451
34 451
Free-cash
14 236
21 836
10 377
9 786

Estimated living cost  is ₽34451 per week

₽25370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6141
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽404
₽1331
-₽2731
-₽6349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
5 277
accident
-
-
-
704
income
-
-
-
5 884
surtax
-
-
-
4 140
health
-
-
-
5 867
pensions
-
-
-
12 517
total
-
-
-
34 389
Employee
72 242
-
74 586
-
pensions
5 779
-
5 967
-
surtax
4 428
-
4 571
-
income
6 978
-
7 554
-
health
3 215
-
3 320
-
total
20 400
-
21 412
-
Employer
72 242
-
74 586
-
health
2 203
-
2 276
-
pensions
5 779
-
5 967
-
accident
650
-
672
-
total
8 632
-
8 915
-
Corporate
2 626
83 500
-
-
communal
-
5 636
-
-
income
395
12 526
-
-
surtax
27
876
-
-
total
422
19 038
-
-
Dividends
2 204
64 463
-
-
income
8 222
3 355
-
-
withholding
331
9 669
-
-
total
8 553
13 024
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 007
32 062
30 327
34 389
After tax
45 493
51 438
53 173
49 111
Living cost
51 842
51 842
51 842
51 842
Free-cash
-6 349
-404
1 331
-2 731

Estimated living cost  is ₽51842 per week

₽38889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31095
₽21150
₽22751
₽28061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 839
other
-
-
-
-
surtax
-
-
-
1 637
unemployment
-
-
-
217
health
-
-
-
5 929
pensions
-
-
-
16 700
total
-
-
-
39 322
Employee
32 126
-
68 981
-
other
-
-
-
-
unemployment
2 236
-
4 801
-
pensions
2 143
-
4 602
-
surtax
114
-
1 452
-
income
5 386
-
13 791
-
health
820
-
1 758
-
total
10 699
-
26 404
-
Employer
32 126
-
68 981
-
health
1 461
-
3 137
-
pensions
4 283
-
9 195
-
unemployment
1 019
-
2 187
-
other
-
-
-
-
total
6 763
-
14 519
-
Corporate
44 611
83 500
-
-
income
11 599
21 709
-
-
total
11 599
21 709
-
-
Dividends
33 012
61 791
-
-
withholding
4 951
9 269
-
-
total
4 951
9 269
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 012
30 978
40 923
39 322
After tax
49 488
52 522
42 577
44 178
Living cost
21 427
21 427
21 427
21 427
Free-cash
28 061
31 095
21 150
22 751

Estimated living cost  is ₽21427 per week

₽12937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1863
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6132
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18193
₽13711
₽17664
₽16073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 476
regional
-
-
-
1 259
municipal
-
-
-
496
national
-
-
-
16 907
total
-
-
-
40 138
Employee
52 917
-
83 500
-
municipal
281
-
444
-
national
8 384
-
14 368
-
regional
712
-
1 123
-
social contributions
17 844
-
28 156
-
total
27 221
-
44 091
-
Employer
52 917
-
83 500
-
total
-
-
-
-
Corporate
30 583
83 500
-
-
municipal
1 521
4 149
-
-
nationa
7 339
20 040
-
-
total
8 860
24 189
-
-
Dividends
21 723
59 311
-
-
withholding
5 648
15 420
-
-
total
5 648
15 420
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 729
39 609
44 091
40 138
After tax
41 771
43 891
39 409
43 362
Living cost
25 698
25 698
25 698
25 698
Free-cash
16 073
18 193
13 711
17 664

Estimated living cost  is ₽25698 per week

₽15981
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28231
₽13115
₽11409
₽17793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 177
social contributions
-
-
-
24 382
solidarity contribution
-
-
-
-
health
-
-
-
11 273
total
-
-
-
42 832
Employee
43 028
-
62 313
-
solidarity contribution
-
-
-
-
social contributions
2 797
-
4 050
-
income
5 163
-
7 478
-
health
5 809
-
8 412
-
total
13 769
-
19 940
-
Employer
43 028
-
62 313
-
health
3 872
-
5 608
-
social contributions
10 757
-
15 578
-
total
14 629
-
21 186
-
Corporate
25 843
83 500
-
-
income
4 910
15 865
-
-
total
4 910
15 865
-
-
Dividends
20 933
67 635
-
-
withholding
3 140
10 145
-
-
total
3 140
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 448
26 010
41 126
42 832
After tax
47 052
57 490
42 374
40 668
Living cost
29 259
29 259
29 259
29 259
Free-cash
17 793
28 231
13 115
11 409

Estimated living cost  is ₽29259 per week

₽21759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5373
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16678
-₽2984
₽13115
₽16203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 930
surtax
-
-
-
-
unemployment
-
-
-
5 851
chamber of commerce
-
-
-
333
health
-
-
-
6 389
pensions
-
-
-
15 447
total
-
-
-
39 950
Employee
41 700
38 017
64 837
-
other
416
380
648
-
unemployment
1 251
1 140
1 944
-
pensions
4 271
3 892
6 640
-
income
3 715
2 804
10 346
-
health
1 613
1 472
2 509
-
total
11 266
9 688
22 087
-
Employer
41 700
38 017
64 837
-
chamber of commerce
167
152
259
-
health
1 577
1 437
2 451
-
pensions
5 234
4 772
8 137
-
accident
541
494
844
-
unemployment
1 251
1 140
1 944
-
surtax
-
-
-
-
payroll
1 251
1 140
1 944
-
other
1 980
1 805
3 079
-
total
12 001
10 940
18 658
-
Corporate
29 799
34 542
61 220
-
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.

7 449
8 635
15 304
-
total
7 449
8 635
15 304
-
Dividends
22 350
25 907
-
-
withholding
6 146
7 124
-
-
total
6 146
7 124
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 862
36 387
56 049
39 950
After tax
46 638
47 113
27 451
43 550
Living cost
30 435
30 435
30 435
30 435
Free-cash
16 203
16 678
-2 984
13 115

Estimated living cost  is ₽30435 per week

₽18257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67191
₽54666
₽70531
₽64915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 168
-
83 500
-
income
3 034
-
16 700
-
total
3 034
-
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%.

68 332
83 500
-
-
total
-
-
-
-
Dividends
68 332
83 500
-
-
withholding
3 417
4 175
-
-
total
3 417
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
6 451
4 175
16 700
835
After tax
77 049
79 325
66 800
82 665
Living cost
12 134
12 134
12 134
12 134
Free-cash
64 915
67 191
54 666
70 531

Estimated living cost  is ₽12134 per week

₽8211
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31902
₽15743
₽18138
₽23922
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
16 187
unemployment
-
-
-
125
health
-
-
-
8 215
pensions
-
-
-
15 248
total
-
-
-
39 775
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.

42 184
-
72 251
-
unemployment
60
-
101
-
pensions
6 539
-
11 199
-
income
7 275
-
14 954
-
health
2 725
-
4 667
-
total
16 599
-
30 921
-
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.

42 184
-
72 251
-
health
2 810
-
4 812
-
pensions
3 733
-
6 394
-
unemployment
25
-
43
-
total
6 568
-
11 249
-
Corporate
34 748
83 500
-
-
income
6 602
15 866
-
-
total
6 602
15 866
-
-
Dividends
28 146
67 634
-
-
withholding
4 222
10 145
-
-
total
4 222
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 991
26 011
42 170
39 775
After tax
49 509
57 489
41 330
43 725
Living cost
25 587
25 587
25 587
25 587
Free-cash
23 922
31 902
15 743
18 138

Estimated living cost  is ₽25587 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9657
₽29812
₽16561
-₽58678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 276
social contributions
-
-
-
9 519
total
-
-
-
25 795
Employee
58 995
-
-
-
social contributions
4 838
-
689
-
income
13 013
-
-
-
total
17 851
-
689
-
Employer
58 995
-
-
-
social contributions
83 183
-
11 855
-
total
83 183
-
11 855
-
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
101 034
32 699
12 544
25 795
After tax
-17 534
50 801
70 956
57 705
Living cost
41 144
41 144
41 144
41 144
Free-cash
-58 678
9 657
29 812
16 561

Estimated living cost  is ₽41144 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3870
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.
₽10054
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17571
₽13356
₽17138
₽16613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 423
surtax
-
-
-
-
social contributions

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

-
-
-
29 016
total
-
-
-
36 439
Employee
43 875
-
67 475
-
surtax
-
-
-
-
social contributions
4 826
-
7 422
-
income
9 126
-
16 774
-
total
13 952
-
24 196
-
Employer
43 875
-
67 475
-
social contributions
10 420
-
16 025
-
total
10 420
-
16 025
-
Corporate
29 205
83 500
-
-
income
6 133
17 535
-
-
surtax
-
-
-
-
total
6 133
17 535
-
-
Dividends
23 072
65 965
-
-
withholding
6 459
18 471
-
-
total
6 459
18 471
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 964
36 006
40 221
36 439
After tax
46 536
47 494
43 279
47 061
Living cost
29 923
29 923
29 923
29 923
Free-cash
16 613
17 571
13 356
17 138

Estimated living cost  is ₽29923 per week

₽22388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3992
₽2323
₽2346
₽2568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 269
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 381
health
-
-
-
892
pensions
-
-
-
22 948
total
-
-
-
35 079
Employee
59 748
-
63 630
-
pensions
6 758
-
7 196
-
surtax
-
-
-
-
social contributions
1 702
-
1 814
-
income
5 213
-
6 220
-
total
13 673
-
15 230
-
Employer
59 748
-
63 630
-
health
4 182
-
4 453
-
pensions
9 817
-
10 455
-
unemployment
2 420
-
2 578
-
social contributions
179
-
190
-
other
2 062
-
2 196
-
total
18 660
-
19 872
-
Corporate
5 091
83 500
-
-
income
1 425
23 380
-
-
surtax
-
-
-
-
total
1 425
23 380
-
-
Dividends
3 666
60 120
-
-
surtax
-
-
-
-
social contributions
630
10 341
-
-
withholding
469
7 696
-
-
total
1 099
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 857
41 417
35 102
35 079
After tax
48 643
42 083
48 398
48 421
Living cost
46 075
46 075
46 075
46 075
Free-cash
2 568
-3 992
2 323
2 346

Estimated living cost  is ₽46075 per week

₽31183
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽632
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46475
₽37713
₽35371
₽43269
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 084
social contributions
-
-
-
18 369
total
-
-
-
19 453
Employee
30 669
-
72 294
-
income
-
-
1 207
-
social contributions
1 993
-
4 700
-
total
1 993
-
5 907
-
Employer
30 669
-
72 294
-
social contributions
4 754
-
11 204
-
total
4 754
-
11 204
-
Corporate
48 077
83 500
-
-
income
4 808
8 349
-
-
total
4 808
8 349
-
-
Dividends
43 269
75 151
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
11 555
8 349
17 111
19 453
After tax
71 945
75 151
66 389
64 047
Living cost
28 676
28 676
28 676
28 676
Free-cash
43 269
46 475
37 713
35 371

Estimated living cost  is ₽28676 per week

₽18541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
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.
₽7433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽124136
-₽124136
₽6452
-₽124136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
6 614
municipal
-
-
-
15 035
national
-
-
-
8 676
pensions
-
-
-
826
total
-
-
-
31 151
Employee
193 719
193 719
193 719
-
municipal
41 251
41 251
41 251
-
labour market
15 475
15 475
15 475
-
pensions
275
275
275
-
national
23 666
23 666
23 666
-
total
80 667
80 667
80 667
-
Employer
193 719
193 719
193 719
-
national
23 707
23 707
23 707
-
labour market
15 497
15 497
15 497
-
pensions
551
551
551
-
municipal
41 317
41 317
41 317
-
total
81 072
81 072
81 072
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
161 739
161 739
161 739
31 151
After tax
-78 239
-78 239
-78 239
52 349
Living cost
45 897
45 897
45 897
45 897
Free-cash
-124 136
-124 136
-124 136
6 452

Estimated living cost  is ₽45897 per week

₽31412
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽706
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14204
₽21337
₽36427
₽3547
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
19 369
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
26 106
Employee
32 983
-
69 960
-
pensions
3 714
-
7 380
-
income
4 525
-
12 267
-
health
3 777
-
8 010
-
total
12 016
-
27 657
-
Employer
32 983
-
69 960
-
pensions
5 363
-
10 657
-
accident
551
-
1 168
-
unemployment
808
-
1 714
-
total
6 722
-
13 539
-
Corporate
43 796
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.

39 416
75 150
-
-
total
39 416
75 150
-
-
Dividends
4 380
8 350
-
-
withholding
832
1 587
-
-
total
832
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 986
76 737
41 196
26 106
After tax
24 514
6 763
42 304
57 394
Living cost
20 967
20 967
20 967
20 967
Free-cash
3 547
-14 204
21 337
36 427

Estimated living cost  is ₽20967 per week

₽15262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1195
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19804
₽11953
₽24000
₽16497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
887
municipal
-
-
-
14 870
national
-
-
-
7 118
total
-
-
-
22 875
Employee
50 190
-
70 245
-
municipal
8 221
-
11 477
-
unemployment
753
-
1 054
-
pensions
3 387
-
4 741
-
national
829
-
3 711
-
health
375
-
684
-
total
13 565
-
21 667
-
Employer
50 190
-
70 245
-
health
386
-
541
-
pensions
8 708
-
12 187
-
accident
51
-
71
-
unemployment
326
-
456
-
total
9 471
-
13 255
-
Corporate
23 841
83 500
-
-
income
4 768
16 700
-
-
total
4 768
16 700
-
-
Dividends

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

14 304
50 100
-
-
municipal
2 574
9 017
-
-
national
-
1 354
-
-
total
2 574
10 371
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 378
27 071
34 922
22 875
After tax
53 122
56 429
48 578
60 625
Living cost
36 625
36 625
36 625
36 625
Free-cash
16 497
19 804
11 953
24 000

Estimated living cost  is ₽36625 per week

₽23923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3523
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39103
₽38684
₽38772
₽33913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 487
social contributions
-
-
-
13 025
health
-
-
-
2 129
total
-
-
-
22 641
Employee
73 355
73 355
75 804
-
social contributions
2 773
6 088
6 293
-
income
7 987
6 790
7 451
-
health
568
1 247
1 289
-
total
11 328
14 125
15 033
-
Employer
73 355
73 355
75 804
-
health
617
1 358
1 403
-
social contributions
2 773
6 088
6 293
-
total
3 390
7 446
7 696
-
Corporate
46 694
2 699
-
-
income
5 836
337
-
-
total
5 836
337
-
-
Dividends
40 857
2 363
-
-
withholding
6 946
402
-
-
total
6 946
402
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 500
22 310
22 729
22 641
After tax
56 000
61 190
60 771
60 859
Living cost
22 087
22 087
22 087
22 087
Free-cash
33 913
39 103
38 684
38 772

Estimated living cost  is ₽22087 per week

₽13237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54000
₽36397
₽51010
₽49146
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 797
unemployment
-
-
-
27
health
-
-
-
3 452
pensions
-
-
-
6 068
total
-
-
-
17 344
Employee

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

21 897
-
75 703
-
unemployment
109
-
378
-
pensions
3 284
-
11 356
-
income
1 497
-
5 992
-
health
1 861
-
6 434
-
total
6 751
-
24 160
-
Employer

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

21 897
-
75 703
-
health
941
-
3 255
-
pensions
1 204
-
4 164
-
unemployment
109
-
378
-
total
2 254
-
7 797
-
Corporate
59 350
83 500
-
-
income
5 342
7 515
-
-
total
5 342
7 515
-
-
Dividends
54 007
75 985
-
-
withholding
4 861
6 839
-
-
total
4 861
6 839
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 208
14 354
31 957
17 344
After tax
64 292
69 146
51 543
66 156
Living cost
15 146
15 146
15 146
15 146
Free-cash
49 146
54 000
36 397
51 010

Estimated living cost  is ₽15146 per week

₽9663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30054
₽18595
₽18004
₽25052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 214
other
-
-
-
83
unemployment
-
-
-
585
pensions
-
-
-
23 630
total
-
-
-
39 263
Employee
35 273
-
63 315
-
other
34
-
63
-
unemployment
547
-
981
-
pensions
1 658
-
2 976
-
income
6 800
-
14 467
-
total
9 039
-
18 487
-
Employer
35 273
-
63 315
-
pensions
8 324
-
14 942
-
accident
699
-
1 253
-
unemployment
1 941
-
3 483
-
other
282
-
507
-
total
11 246
-
20 185
-
Corporate
36 981
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.

5 547
12 526
-
-
total
5 547
12 526
-
-
Dividends
31 434
70 974
-
-
withholding
6 383
14 687
-
-
total
6 383
14 687
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 215
27 213
38 672
39 263
After tax
51 285
56 287
44 828
44 237
Living cost
26 233
26 233
26 233
26 233
Free-cash
25 052
30 054
18 595
18 004

Estimated living cost  is ₽26233 per week

₽17707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2522
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.
₽5545
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50254
₽51208
₽51339
₽49950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 983
health
-
-
-
978
pensions
-
-
-
1 350
total
-
-
-
30 311
Employee
2 818
-
81 982
-
unemployment
28
-
67
-
pensions
254
-
607
-
income
545
-
27 913
-
health
141
-
337
-
total
968
-
28 924
-
Employer
2 818
-
81 982
-
health
268
-
641
-
pensions
310
-
742
-
unemployment
56
-
135
-
total
634
-
1 518
-
Corporate
80 048
83 500
-
-
income
17 611
18 370
-
-
total
17 611
18 370
-
-
Dividends
62 437
65 130
-
-
withholding
12 487
13 026
-
-
total
12 487
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 700
31 396
30 442
30 311
After tax
51 800
52 104
53 058
53 189
Living cost
1 850
1 850
1 850
1 850
Free-cash
49 950
50 254
51 208
51 339

Estimated living cost  is ₽1850 per week

₽1100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽150
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽558
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43829
₽26233
₽26233
₽39134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 113
unemployment
-
-
-
1 058
health
-
-
-
7 263
pensions
-
-
-
18 333
total
-
-
-
40 767
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.

24 882
-
70 878
-
unemployment
187
-
529
-
pensions
3 483
-
9 872
-
income
3 430
-
14 113
-
health
1 281
-
3 631
-
total
8 381
-
28 145
-
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.

24 882
-
70 878
-
health
1 281
-
3 631
-
pensions
2 986
-
8 462
-
unemployment
187
-
529
-
total
4 454
-
12 622
-
Corporate
54 165
83 500
-
-
income
8 125
12 525
-
-
total
8 125
12 525
-
-
Dividends
46 040
70 975
-
-
withholding
6 906
10 646
-
-
total
6 906
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 866
23 171
40 767
40 767
After tax
55 634
60 329
42 733
42 733
Living cost
16 500
16 500
16 500
16 500
Free-cash
39 134
43 829
26 233
26 233

Estimated living cost  is ₽16500 per week

₽11110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1276
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.
₽3637
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21776
₽17561
₽21343
₽21433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 423
surtax
-
-
-
-
social contributions

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

-
-
-
29 016
total
-
-
-
36 439
Employee
37 025
-
67 475
-
surtax
-
-
-
-
social contributions
4 073
-
7 422
-
income
7 235
-
16 774
-
total
11 308
-
24 196
-
Employer
37 025
-
67 475
-
social contributions
8 793
-
16 025
-
total
8 793
-
16 025
-
Corporate
37 682
83 500
-
-
income
7 913
17 535
-
-
surtax
-
-
-
-
total
7 913
17 535
-
-
Dividends
29 769
65 965
-
-
withholding
8 335
18 471
-
-
total
8 335
18 471
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 349
36 006
40 221
36 439
After tax
47 151
47 494
43 279
47 061
Living cost
25 718
25 718
25 718
25 718
Free-cash
21 433
21 776
17 561
21 343

Estimated living cost  is ₽25718 per week

₽18215
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1787
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22761
₽11302
₽10711
₽15488
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 214
other
-
-
-
83
unemployment
-
-
-
585
pensions
-
-
-
23 630
total
-
-
-
39 263
Employee
46 072
-
63 315
-
other
45
-
63
-
unemployment
713
-
981
-
pensions
2 165
-
2 976
-
income
9 623
-
14 467
-
total
12 546
-
18 487
-
Employer
46 072
-
63 315
-
pensions
10 873
-
14 942
-
accident
912
-
1 253
-
unemployment
2 534
-
3 483
-
other
369
-
507
-
total
14 688
-
20 185
-
Corporate
22 739
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.

3 411
12 526
-
-
total
3 411
12 526
-
-
Dividends
19 329
70 974
-
-
withholding
3 841
14 687
-
-
total
3 841
14 687
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 486
27 213
38 672
39 263
After tax
49 014
56 287
44 828
44 237
Living cost
33 526
33 526
33 526
33 526
Free-cash
15 488
22 761
11 302
10 711

Estimated living cost  is ₽33526 per week

₽24077
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6371
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54988
₽48042
₽45677
₽49177
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 525
unemployment
-
-
-
133
health
-
-
-
3 831
pensions

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

-
-
-
4 930
total
-
-
-
21 419
Employee
21 722
-
76 965
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
pensions

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

1 907
-
2 925
-
income
2 173
-
7 696
-
health
999
-
1 532
-
total
5 318
-
12 519
-
Employer
21 722
-
76 965
-
health
1 499
-
2 298
-
pensions

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

2 394
-
3 671
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
unemployment
130
-
200
-
total
4 262
-
6 535
-
Corporate
57 516
83 500
-
-
income
5 751
8 350
-
-
total
5 751
8 350
-
-
Dividends
51 765
75 150
-
-
withholding
2 588
3 758
-
-
total
2 588
3 758
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 919
12 108
19 054
21 419
After tax
65 581
71 392
64 446
62 081
Living cost
16 404
16 404
16 404
16 404
Free-cash
49 177
54 988
48 042
45 677

Estimated living cost  is ₽16404 per week

₽10850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6280
₽23911
₽18294
₽18763
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
15 395
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.

-
-
-
847
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.

-
-
-
6 517
trade
-
-
-
5 617
total
-
-
-
28 376
Employee

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

47 465
-
83 500
-
surtax

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

215
-
847
-
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.

3 903
-
15 395
-
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.

6 517
-
6 517
-
total
10 635
-
22 759
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 035
83 500
-
-
income
5 406
12 526
-
-
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.

297
690
-
-
chamber of commerce
197
268
-
-
trade
5 170
11 982
-
-
total
11 070
25 466
-
-
Dividends
24 965
58 034
-
-
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.

324
778
-
-
withholding
5 878
14 146
-
-
total
6 202
14 924
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 907
40 390
22 759
28 376
After tax
55 593
43 110
60 741
55 124
Living cost
36 830
36 830
36 830
36 830
Free-cash
18 763
6 280
23 911
18 294

Estimated living cost  is ₽36830 per week

₽25406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6926
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4107
₽4350
₽4350
₽6215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 632
social contributions
-
-
-
7 176
total
-
-
-
24 808
Employee
74 621
-
83 500
-
income
14 081
-
17 632
-
social contributions
6 199
-
7 176
-
total
20 280
-
24 808
-
Employer
74 621
-
83 500
-
total
-
-
-
-
Corporate
8 879
83 500
-
-
income
1 110
10 438
-
-
total
1 110
10 438
-
-
Dividends
7 769
73 062
-
-
withholding
1 553
14 613
-
-
total
1 553
14 613
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 943
25 051
24 808
24 808
After tax
60 557
58 449
58 692
58 692
Living cost
54 342
54 342
54 342
54 342
Free-cash
6 215
4 107
4 350
4 350

Estimated living cost  is ₽54342 per week

₽41342
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14605
₽26510
₽15892
₽19532
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 155
health

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

-
-
-
5 824
total
-
-
-
32 979
Employee
43 762
-
79 112
-
income
4 748
-
13 585
-
social contributions
4 385
-
4 388
-
total
9 133
-
17 973
-
Employer
43 762
-
79 112
-
social contributions
4 385
-
4 388
-
total
4 385
-
4 388
-
Corporate
35 353
83 500
-
-
income
12 374
29 226
-
-
total
12 374
29 226
-
-
Dividends
22 980
54 274
-
-
social contributions
3 447
5 040
-
-
total
3 447
5 040
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 339
34 266
22 361
32 979
After tax
54 161
49 234
61 139
50 521
Living cost
34 629
34 629
34 629
34 629
Free-cash
19 532
14 605
26 510
15 892

Estimated living cost  is ₽34629 per week

₽22810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8557
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽27477
₽17568
₽26965
₽22150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 512
pensions
-
-
-
5 939
total
-
-
-
21 451
Employee
48 158
-
73 709
-
pensions
3 676
-
6 742
-
income
8 770
-
13 163
-
health
628
-
1 152
-
total
13 074
-
21 057
-
Employer
48 158
-
73 709
-
health
915
-
1 400
-
pensions
4 866
-
8 391
-
total
5 781
-
9 791
-
Corporate
29 561
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.

5 616
15 865
-
-
total
5 616
15 865
-
-
Dividends
23 945
67 635
-
-
withholding
1 795
5 074
-
-
total
1 795
5 074
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 266
20 939
30 848
21 451
After tax
57 234
62 561
52 652
62 049
Living cost
35 084
35 084
35 084
35 084
Free-cash
22 150
27 477
17 568
26 965

Estimated living cost  is ₽35084 per week

₽24068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16280
₽19261
₽34351
₽3229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
income
-
-
-
19 369
other
-
-
-
358
health
-
-
-
2 110
pensions
-
-
-
4 025
total
-
-
-
26 106
Employee
36 247
-
69 960
-
pensions
4 082
-
7 380
-
income
4 973
-
12 267
-
health
4 150
-
8 010
-
total
13 205
-
27 657
-
Employer
36 247
-
69 960
-
pensions
5 894
-
10 657
-
accident
605
-
1 168
-
unemployment
888
-
1 714
-
total
7 387
-
13 539
-
Corporate
39 866
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.

35 879
75 150
-
-
total
35 879
75 150
-
-
Dividends
3 987
8 350
-
-
withholding
757
1 587
-
-
total
757
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
57 228
76 737
41 196
26 106
After tax
26 272
6 763
42 304
57 394
Living cost
23 043
23 043
23 043
23 043
Free-cash
3 229
-16 280
19 261
34 351

Estimated living cost  is ₽23043 per week

₽16911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1343
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.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58108
₽37195
₽35179
₽53476
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 492
unemployment
-
-
-
1 002
work injury
-
-
-
417
health insurance
-
-
-
6 179
pensions
-
-
-
15 364
total
-
-
-
35 454
Employee

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

20 586
-
83 500
-
health insurance
1 523
-
5 636
-
unemployment
247
-
914
-
work injury
103
-
381
-
pensions
3 788
-
14 015
-
income
2 059
-
12 492
-
total
7 720
-
33 438
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 914
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
62 914
83 500
-
-
withholding
9 437
12 525
-
-
total
9 437
12 525
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 157
12 525
33 438
35 454
After tax
66 343
70 975
50 062
48 046
Living cost
12 867
12 867
12 867
12 867
Free-cash
53 476
58 108
37 195
35 179

Estimated living cost  is ₽12867 per week

₽7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5980
₽1180
₽4998
₽1638
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 476
regional
-
-
-
1 558
municipal
-
-
-
558
national
-
-
-
16 907
total
-
-
-
40 499
Employee
80 387
-
83 500
-
municipal
480
-
498
-
national
13 585
-
14 368
-
regional
1 214
-
1 295
-
social contributions
27 106
-
28 156
-
total
42 385
-
44 317
-
Employer
80 387
-
83 500
-
total
-
-
-
-
Corporate
3 113
83 500
-
-
municipal
150
4 024
-
-
nationa
748
20 040
-
-
total
898
24 064
-
-
Dividends
2 216
59 435
-
-
withholding
576
15 453
-
-
total
576
15 453
-
-
Income
83 500
83 500
83 500
83 500
Total tax
43 859
39 517
44 317
40 499
After tax
39 641
43 983
39 183
43 001
Living cost
38 003
38 003
38 003
38 003
Free-cash
1 638
5 980
1 180
4 998

Estimated living cost  is ₽38003 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2614
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.
₽8119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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