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
₽12295
₽31100
₽25195
₽23239
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 854
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.

-
-
-
817
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.

-
-
-
6 760
trade
-
-
-
5 905
total
-
-
-
28 336
Employee

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

37 844
-
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.

58
-
817
-
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.

1 057
-
14 854
-
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.

6 760
-
6 760
-
total
7 875
-
22 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 656
83 500
-
-
income
6 848
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.

377
689
-
-
chamber of commerce
216
270
-
-
trade
7 191
13 151
-
-
total
14 632
26 636
-
-
Dividends
31 023
56 864
-
-
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.

406
760
-
-
withholding
7 379
13 840
-
-
total
7 785
14 600
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 292
41 236
22 431
28 336
After tax
53 208
42 264
61 069
55 164
Living cost
29 969
29 969
29 969
29 969
Free-cash
23 239
12 295
31 100
25 195

Estimated living cost  is ₽29969 per week

₽18852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽298
-₽706
-₽1362
-₽5104
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 449
national
-
-
-
13 093
pensions
-
-
-
10 020
total
-
-
-
32 460
Employee
81 232
-
72 185
-
municipal
10 033
-
8 772
-
pensions
3 249
-
2 887
-
national
15 548
-
13 594
-
total
28 830
-
25 253
-
Employer
81 232
-
72 185
-
pensions
6 499
-
5 775
-
social contributions
873
-
776
-
total
7 372
-
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
36 202
31 396
31 804
32 460
After tax
47 298
52 104
51 696
51 040
Living cost
52 402
52 402
52 402
52 402
Free-cash
-5 104
-298
-706
-1 362

Estimated living cost  is ₽52402 per week

₽35617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4871
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽784
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46215
₽26655
₽24166
₽38098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 904
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
-
-
-
38 749
Employee
28 912
-
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.

3 181
-
7 402
-
income
5 147
-
12 648
-
total
8 328
-
20 050
-
Employer
28 912
-
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.

6 964
-
16 210
-
surtax
-
-
-
-
total
6 964
-
16 210
-
Corporate
47 624
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%.

9 525
16 700
-
-
total
9 525
16 700
-
-
Dividends

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

38 098
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 817
16 700
36 260
38 749
After tax
58 683
66 800
47 240
44 751
Living cost
20 585
20 585
20 585
20 585
Free-cash
38 098
46 215
26 655
24 166

Estimated living cost  is ₽20585 per week

₽13132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5025
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9199
-₽14753
₽6032
-₽14753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 451
health
-
-
-
10 975
pensions
-
-
-
11 593
total
-
-
-
36 019
Employee
84 494
84 494
84 494
-
pensions
15 209
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
12 969
11 031
12 969
-
total
42 008
36 454
42 008
-
Employer
84 494
84 494
84 494
-
health
5 873
5 873
5 873
-
pensions
5 881
5 881
5 881
-
unemployment
3 042
3 042
3 042
-
total
14 796
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
56 804
51 250
56 804
36 019
After tax
26 696
32 250
26 696
47 481
Living cost
41 449
41 449
41 449
41 449
Free-cash
-14 753
-9 199
-14 753
6 032

Estimated living cost  is ₽41449 per week

₽29374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽659
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4774
₽3773
₽807
₽3859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 211
municipal
-
-
-
17 686
national
-
-
-
-
pensions
-
-
-
9 026
total
-
-
-
41 876
Employee
58 161
-
63 537
-
municipal
17 344
-
18 947
-
national
-
-
-
-
total
17 344
-
18 947
-
Employer
58 161
-
63 537
-
health
3 577
-
3 908
-
pensions
6 287
-
6 868
-
accident
116
-
127
-
unemployment
1 535
-
1 677
-
other
6 758
-
7 383
-
total
18 273
-
19 963
-
Corporate
7 065
83 500
-
-
income
1 554
18 370
-
-
total
1 554
18 370
-
-
Dividends
5 511
65 130
-
-
withholding
1 653
19 539
-
-
total
1 653
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 824
37 909
38 910
41 876
After tax
44 676
45 591
44 590
41 624
Living cost
40 817
40 817
40 817
40 817
Free-cash
3 859
4 774
3 773
807

Estimated living cost  is ₽40817 per week

₽27052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2965
₽22200
₽16032
₽16868
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 854
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.

-
-
-
817
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.

-
-
-
6 760
trade
-
-
-
6 168
total
-
-
-
28 599
Employee

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

50 177
-
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.

237
-
817
-
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.

4 311
-
14 854
-
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.

6 760
-
6 760
-
total
11 308
-
22 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 323
83 500
-
-
income
4 998
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.

274
689
-
-
chamber of commerce
197
269
-
-
trade
5 481
13 735
-
-
total
10 950
27 219
-
-
Dividends
22 373
56 282
-
-
surtax

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

287
753
-
-
withholding
5 218
13 694
-
-
total
5 505
14 447
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 763
41 666
22 431
28 599
After tax
55 737
41 834
61 069
54 901
Living cost
38 869
38 869
38 869
38 869
Free-cash
16 868
2 965
22 200
16 032

Estimated living cost  is ₽38869 per week

₽25996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8194
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29032
₽29081
₽29249
₽25014
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 004
social contributions
-
-
-
13 025
health
-
-
-
2 129
total
-
-
-
22 158
Employee
76 083
76 083
76 083
-
social contributions
3 697
6 315
6 292
-
income
7 989
7 043
7 051
-
health
757
1 294
1 288
-
total
12 443
14 652
14 631
-
Employer
76 083
76 083
76 083
-
health
824
1 408
1 403
-
social contributions
3 697
6 315
6 292
-
total
4 521
7 723
7 695
-
Corporate
34 443
-
-
-
income
4 305
-
-
-
total
4 305
-
-
-
Dividends
30 137
-
-
-
withholding
5 124
-
-
-
total
5 124
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 393
22 375
22 326
22 158
After tax
57 107
61 125
61 174
61 342
Living cost
32 093
32 093
32 093
32 093
Free-cash
25 014
29 032
29 081
29 249

Estimated living cost  is ₽32093 per week

₽21939
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2507
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.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28931
₽30239
₽39678
₽29311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

26 224
10 437
69 874
-
unemployment
393
157
1 048
-
pensions
2 622
1 044
6 987
-
income
3 206
1 276
8 542
-
health
1 836
731
4 891
-
total
8 057
3 208
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.

26 224
10 437
69 874
-
pensions
5 114
2 035
13 626
-
total
5 114
2 035
13 626
-
Corporate
52 162
71 028
-
-
income
4 695
6 393
-
-
total
4 695
6 393
-
-
Dividends
47 467
64 635
-
-
social contributions
9 137
12 485
-
-
withholding
9 019
12 281
-
-
total
18 156
24 766
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 022
36 402
35 094
25 655
After tax
47 478
47 098
48 406
57 845
Living cost
18 167
18 167
18 167
18 167
Free-cash
29 311
28 931
30 239
39 678

Estimated living cost  is ₽18167 per week

₽12397
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1486
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽363
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42901
₽24228
₽20857
₽36755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 189
health
-
-
-
10 855
pensions
-
-
-
16 700
total
-
-
-
38 744
Employee
28 069
-
62 406
-
unemployment
449
-
999
-
pensions
561
-
1 249
-
income
3 160
-
12 032
-
total
4 170
-
14 280
-
Employer
28 069
-
62 406
-
health
3 648
-
8 113
-
pensions
5 614
-
12 481
-
unemployment
225
-
499
-
total
9 487
-
21 093
-
Corporate
45 943
83 500
-
-
income
9 189
16 700
-
-
total
9 189
16 700
-
-
Dividends
36 754
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 846
16 700
35 373
38 744
After tax
60 654
66 800
48 127
44 756
Living cost
23 899
23 899
23 899
23 899
Free-cash
36 755
42 901
24 228
20 857

Estimated living cost  is ₽23899 per week

₽16392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15298
₽20022
₽35354
₽3381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
19 099
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
26 084
Employee
34 705
-
69 584
-
pensions
3 908
-
7 651
-
income
4 761
-
11 883
-
health
3 974
-
7 967
-
total
12 643
-
27 501
-
Employer
34 705
-
69 584
-
pensions
5 643
-
11 048
-
accident
579
-
1 162
-
unemployment
850
-
1 705
-
total
7 072
-
13 915
-
Corporate
41 722
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.

37 549
75 150
-
-
total
37 549
75 150
-
-
Dividends
4 172
8 350
-
-
withholding
793
1 586
-
-
total
793
1 586
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 057
76 736
41 416
26 084
After tax
25 443
6 764
42 084
57 416
Living cost
22 062
22 062
22 062
22 062
Free-cash
3 381
-15 298
20 022
35 354

Estimated living cost  is ₽22062 per week

₽16170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
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.
₽4210
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71225
₽58700
₽74565
₽69707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 125
-
83 500
-
income
2 025
-
16 700
-
total
2 025
-
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%.

73 375
83 500
-
-
total
-
-
-
-
Dividends
73 375
83 500
-
-
withholding
3 668
4 175
-
-
total
3 668
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
5 693
4 175
16 700
835
After tax
77 807
79 325
66 800
82 665
Living cost
8 100
8 100
8 100
8 100
Free-cash
69 707
71 225
58 700
74 565

Estimated living cost  is ₽8100 per week

₽5020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽673
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽223
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34983
₽22578
₽18849
₽28302
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 605
other
-
-
-
3 966
health
-
-
-
3 675
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
20 040
total
-
-
-
38 286
Employee
35 926
-
66 693
-
unemployment
359
-
667
-
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.

2 514
-
4 670
-
income
6 185
-
11 480
-
health
503
-
933
-
total
9 561
-
17 750
-
Employer
35 926
-
66 693
-
health
503
-
933
-
pensions

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

6 108
-
11 339
-
accident
287
-
533
-
unemployment
359
-
667
-
other
1 797
-
3 335
-
total
9 054
-
16 807
-
Corporate
38 520
83 500
-
-
income
8 089
17 535
-
-
total
8 089
17 535
-
-
Dividends
30 431
65 965
-
-
withholding
2 129
4 617
-
-
total
2 129
4 617
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 833
22 152
34 557
38 286
After tax
54 667
61 348
48 943
45 214
Living cost
26 365
26 365
26 365
26 365
Free-cash
28 302
34 983
22 578
18 849

Estimated living cost  is ₽26365 per week

₽18628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1780
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3372
-₽13154
-₽3830
-₽22575
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 526
pensions
-
-
-
5 869
total
-
-
-
21 395
Employee
93 288
-
73 775
-
pensions
9 000
-
6 659
-
income
16 816
-
13 197
-
health
1 537
-
1 138
-
total
27 353
-
20 994
-
Employer
93 288
-
73 775
-
health
1 772
-
1 403
-
pensions
11 015
-
8 322
-
total
12 787
-
9 725
-
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
-
5 072
-
-
total
-
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
40 140
20 937
30 719
21 395
After tax
43 360
62 563
52 781
62 105
Living cost
65 935
65 935
65 935
65 935
Free-cash
-22 575
-3 372
-13 154
-3 830

Estimated living cost  is ₽65935 per week

₽49406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58419
₽51068
₽48772
₽53823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
21 754
Employee
17 180
-
76 719
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
pensions

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

1 508
-
3 035
-
income
1 718
-
7 672
-
health
790
-
1 590
-
total
4 205
-
12 677
-
Employer
17 180
-
76 719
-
health
1 186
-
2 385
-
pensions

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

1 893
-
3 809
-
accident

We are using the highest rate at 1.1%.

189
-
380
-
unemployment
103
-
207
-
total
3 371
-
6 781
-
Corporate
62 949
83 500
-
-
income
6 295
8 350
-
-
total
6 295
8 350
-
-
Dividends
56 655
75 150
-
-
withholding
2 832
3 757
-
-
total
2 832
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
16 703
12 107
19 458
21 754
After tax
66 797
71 393
64 042
61 746
Living cost
12 974
12 974
12 974
12 974
Free-cash
53 823
58 419
51 068
48 772

Estimated living cost  is ₽12974 per week

₽7575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22616
-₽28170
-₽7385
-₽24295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 451
health
-
-
-
10 975
pensions
-
-
-
11 593
total
-
-
-
36 019
Employee
91 734
84 494
84 494
-
pensions
11 593
11 593
15 209
-
income

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

13 830
13 830
13 830
-
health
11 444
11 031
12 969
-
total
36 867
36 454
42 008
-
Employer
91 734
84 494
84 494
-
health
6 375
5 873
5 873
-
pensions
6 384
5 881
5 881
-
unemployment
3 303
3 042
3 042
-
total
16 062
14 796
14 796
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
52 929
51 250
56 804
36 019
After tax
30 571
32 250
26 696
47 481
Living cost
54 866
54 866
54 866
54 866
Free-cash
-24 295
-22 616
-28 170
-7 385

Estimated living cost  is ₽54866 per week

₽40473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32904
₽17788
₽16082
₽24132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
36 156
-
62 313
-
solidarity contribution
-
-
-
-
social contributions
2 350
-
4 050
-
income
4 339
-
7 478
-
health
4 881
-
8 412
-
total
11 570
-
19 940
-
Employer
36 156
-
62 313
-
health
3 254
-
5 608
-
social contributions
9 039
-
15 578
-
total
12 293
-
21 186
-
Corporate
35 051
83 500
-
-
income
6 660
15 865
-
-
total
6 660
15 865
-
-
Dividends
28 391
67 635
-
-
withholding
4 259
10 145
-
-
total
4 259
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 782
26 010
41 126
42 832
After tax
48 718
57 490
42 374
40 668
Living cost
24 586
24 586
24 586
24 586
Free-cash
24 132
32 904
17 788
16 082

Estimated living cost  is ₽24586 per week

₽17078
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2801
-₽1750
₽2222
-₽4436
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 477
regional
-
-
-
895
municipal
-
-
-
496
national
-
-
-
16 659
total
-
-
-
39 527
Employee
87 936
-
83 500
-
municipal
466
-
443
-
national
15 237
-
14 122
-
regional
830
-
779
-
social contributions
29 652
-
28 155
-
total
46 185
-
43 499
-
Employer
87 936
-
83 500
-
total
-
-
-
-
Corporate
-
83 500
-
-
municipal
-
3 256
-
-
nationa
-
20 040
-
-
total
-
23 296
-
-
Dividends
-
60 204
-
-
withholding
-
15 652
-
-
total
-
15 652
-
-
Income
83 500
83 500
83 500
83 500
Total tax
46 185
38 948
43 499
39 527
After tax
37 315
44 552
40 001
43 973
Living cost
41 751
41 751
41 751
41 751
Free-cash
-4 436
2 801
-1 750
2 222

Estimated living cost  is ₽41751 per week

₽29104
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30689
₽21112
₽22710
₽27606
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 554
other
-
-
-
-
surtax
-
-
-
1 549
unemployment
-
-
-
225
health
-
-
-
5 928
pensions
-
-
-
16 700
total
-
-
-
38 956
Employee
32 720
-
68 978
-
other
-
-
-
-
unemployment
2 278
-
4 801
-
pensions
2 182
-
4 600
-
surtax
107
-
1 367
-
income
5 485
-
13 506
-
health
836
-
1 759
-
total
10 888
-
26 033
-
Employer
32 720
-
68 978
-
health
1 489
-
3 139
-
pensions
4 362
-
9 195
-
unemployment
1 036
-
2 187
-
other
-
-
-
-
total
6 887
-
14 521
-
Corporate
43 892
83 500
-
-
income
11 412
21 709
-
-
total
11 412
21 709
-
-
Dividends
32 480
61 791
-
-
withholding
4 873
9 268
-
-
total
4 873
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 060
30 977
40 554
38 956
After tax
49 440
52 523
42 946
44 544
Living cost
21 834
21 834
21 834
21 834
Free-cash
27 606
30 689
21 112
22 710

Estimated living cost  is ₽21834 per week

₽13350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17518
₽7736
₽17060
₽9760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 526
pensions
-
-
-
5 869
total
-
-
-
21 395
Employee
62 519
-
73 775
-
pensions
5 306
-
6 659
-
income
11 260
-
13 197
-
health
908
-
1 138
-
total
17 474
-
20 994
-
Employer
62 519
-
73 775
-
health
1 188
-
1 403
-
pensions
6 768
-
8 322
-
total
7 956
-
9 725
-
Corporate
13 026
83 500
-
-
income

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

2 475
15 865
-
-
total
2 475
15 865
-
-
Dividends
10 551
67 635
-
-
withholding
790
5 072
-
-
total
790
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 695
20 937
30 719
21 395
After tax
54 805
62 563
52 781
62 105
Living cost
45 045
45 045
45 045
45 045
Free-cash
9 760
17 518
7 736
17 060

Estimated living cost  is ₽45045 per week

₽33747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽40026
-₽12285
-₽8023
-₽16742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 669
regional
-
-
-
2 473
health
-
-
-
255
city
-
-
-
880
national
-
-
-
357
pensions
-
-
-
7 681
total
-
-
-
13 315
Employee
91 524
-
74 738
-
unemployment
-
-
-
-
pensions
7 689
-
6 277
-
national
433
-
301
-
regional
2 997
-
2 087
-
city
982
-
803
-
health
207
-
169
-
total
12 308
-
9 637
-
Employer
91 524
-
74 738
-
health
207
-
169
-
pensions
7 689
-
6 277
-
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.

1 830
-
1 494
-
total
9 726
-
7 940
-
Corporate
-
83 500
-
-
regional
-
17 660
-
-
national
-
7 097
-
-
total
-
24 757
-
-
Dividends
-
58 743
-
-
withholding
-
20 561
-
-
total
-
20 561
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 034
45 318
17 577
13 315
After tax
61 466
38 182
65 923
70 185
Living cost
78 208
78 208
78 208
78 208
Free-cash
-16 742
-40 026
-12 285
-8 023

Estimated living cost  is ₽78208 per week

₽50858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7018
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽960
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19372
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3924
₽15742
₽9311
₽12123
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 854
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.

-
-
-
817
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.

-
-
-
6 760
trade
-
-
-
6 431
total
-
-
-
28 862
Employee

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

59 464
-
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.

385
-
817
-
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.

6 992
-
14 854
-
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.

6 760
-
6 760
-
total
14 137
-
22 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
24 036
83 500
-
-
income
3 605
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.

199
689
-
-
chamber of commerce
184
269
-
-
trade
4 121
14 321
-
-
total
8 109
27 805
-
-
Dividends
15 927
55 696
-
-
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.

199
745
-
-
withholding
3 605
13 547
-
-
total
3 804
14 292
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 050
42 097
22 431
28 862
After tax
57 450
41 403
61 069
54 638
Living cost
45 327
45 327
45 327
45 327
Free-cash
12 123
-3 924
15 742
9 311

Estimated living cost  is ₽45327 per week

₽33105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3626
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8232
₽14932
₽14657
₽14076
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 760
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 379
health
-
-
-
721
pensions
-
-
-
23 542
total
-
-
-
34 991
Employee
42 347
-
63 631
-
pensions
4 788
-
7 195
-
surtax
-
-
-
-
social contributions
1 207
-
1 812
-
income
2 499
-
5 837
-
total
8 494
-
14 844
-
Employer
42 347
-
63 631
-
health
2 965
-
4 454
-
pensions
6 957
-
10 455
-
unemployment
1 714
-
2 576
-
social contributions
128
-
192
-
other
1 461
-
2 195
-
total
13 225
-
19 872
-
Corporate
27 929
83 500
-
-
income
7 820
23 381
-
-
surtax
-
-
-
-
total
7 820
23 381
-
-
Dividends
20 109
60 119
-
-
surtax
-
-
-
-
social contributions
3 459
10 340
-
-
withholding
2 574
7 695
-
-
total
6 033
18 035
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 572
41 416
34 716
34 991
After tax
47 928
42 084
48 784
48 509
Living cost
33 852
33 852
33 852
33 852
Free-cash
14 076
8 232
14 932
14 657

Estimated living cost  is ₽33852 per week

₽21345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11586
₽18286
₽18011
₽17083
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 760
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 379
health
-
-
-
721
pensions
-
-
-
23 542
total
-
-
-
34 991
Employee
37 800
-
63 631
-
pensions
4 275
-
7 195
-
surtax
-
-
-
-
social contributions
1 078
-
1 812
-
income
1 949
-
5 837
-
total
7 302
-
14 844
-
Employer
37 800
-
63 631
-
health
2 646
-
4 454
-
pensions
6 211
-
10 455
-
unemployment
1 530
-
2 576
-
social contributions
113
-
192
-
other
1 305
-
2 195
-
total
11 805
-
19 872
-
Corporate
33 895
83 500
-
-
income
9 490
23 381
-
-
surtax
-
-
-
-
total
9 490
23 381
-
-
Dividends
24 405
60 119
-
-
surtax
-
-
-
-
social contributions
4 198
10 340
-
-
withholding
3 124
7 695
-
-
total
7 322
18 035
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 919
41 416
34 716
34 991
After tax
47 581
42 084
48 784
48 509
Living cost
30 498
30 498
30 498
30 498
Free-cash
17 083
11 586
18 286
18 011

Estimated living cost  is ₽30498 per week

₽17688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29960
₽33589
₽32642
₽30477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 828
total
-
-
-
29 877
Employee
33 548
-
83 500
-
social contributions
4 630
-
11 523
-
income
5 595
-
11 579
-
health
2 341
-
5 828
-
total
12 566
-
28 930
-
Employer
33 548
-
83 500
-
total
-
-
-
-
Corporate
49 952
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%.

2 497
4 176
-
-
total
2 497
4 176
-
-
Dividends
47 455
79 324
-
-
social contributions
6 549
10 947
-
-
withholding
7 118
11 899
-
-
health
3 312
5 537
-
-
total
16 979
28 383
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 042
32 559
28 930
29 877
After tax
51 458
50 941
54 570
53 623
Living cost
20 981
20 981
20 981
20 981
Free-cash
30 477
29 960
33 589
32 642

Estimated living cost  is ₽20981 per week

₽14041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12202
-₽7118
₽9288
₽10676
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 915
surtax
-
-
-
195
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
334
health
-
-
-
6 388
pensions
-
-
-
15 447
total
-
-
-
39 348
Employee
49 448
39 431
64 684
-
other
494
394
646
-
unemployment
1 483
1 183
1 940
-
pensions
5 064
4 037
6 624
-
income
5 629
2 908
9 997
-
health
1 913
1 527
2 503
-
total
14 583
10 049
21 710
-
Employer
49 448
39 431
64 684
-
chamber of commerce
197
158
259
-
health
1 868
1 491
2 445
-
pensions
6 206
4 949
8 117
-
accident
642
513
841
-
unemployment
1 483
1 183
1 940
-
surtax
195
195
195
-
payroll
1 483
1 183
1 940
-
other
2 349
1 872
3 074
-
total
14 423
11 544
18 811
-
Corporate
19 628
32 525
60 934
-
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.

4 906
8 132
15 233
-
total
4 906
8 132
15 233
-
Dividends
14 722
24 393
-
-
withholding
4 048
6 709
-
-
total
4 048
6 709
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 960
36 434
55 754
39 348
After tax
45 540
47 066
27 746
44 152
Living cost
34 864
34 864
34 864
34 864
Free-cash
10 676
12 202
-7 118
9 288

Estimated living cost  is ₽34864 per week

₽23253
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10810
-₽2601
₽4793
-₽7876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 279
social contributions
-
-
-
12 192
national
-
-
-
26 160
total
-
-
-
42 631
Employee

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

70 775
-
64 675
-
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.

616
-
563
-
communal

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

3 691
-
3 374
-
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.

5 308
-
4 850
-
national
21 759
-
19 373
-
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.

3 325
-
3 040
-
total
34 699
-
31 200
-
Employer

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

70 775
-
64 675
-
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.

4 352
-
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.

6 271
-
5 731
-
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.

920
-
839
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

1 033
-
944
-
surtax
8 025
-
7 334
-
total
20 601
-
18 825
-
Corporate
-
83 500
-
-
income
-
16 700
-
-
surtax
-
334
-
-
total
-
17 034
-
-
Dividends
-
66 466
-
-
withholding

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

-
19 580
-
-
total
-
19 580
-
-
Income
83 500
83 500
83 500
83 500
Total tax
55 300
36 614
50 025
42 631
After tax
28 200
46 886
33 475
40 869
Living cost
36 076
36 076
36 076
36 076
Free-cash
-7 876
10 810
-2 601
4 793

Estimated living cost  is ₽36076 per week

₽23238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9120
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20561
₽9217
₽8628
₽12680
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 091
other
-
-
-
83
unemployment
-
-
-
584
pensions
-
-
-
23 630
total
-
-
-
39 139
Employee
49 252
-
63 315
-
other
49
-
64
-
unemployment
764
-
982
-
pensions
2 315
-
2 976
-
income
10 392
-
14 344
-
total
13 520
-
18 366
-
Employer
49 252
-
63 315
-
pensions
11 623
-
14 942
-
accident
975
-
1 254
-
unemployment
2 709
-
3 483
-
other
392
-
505
-
total
15 699
-
20 184
-
Corporate
18 549
83 500
-
-
income

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

2 783
12 526
-
-
total
2 783
12 526
-
-
Dividends
15 766
70 974
-
-
withholding
3 085
14 680
-
-
total
3 085
14 680
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 087
27 206
38 550
39 139
After tax
48 413
56 294
44 950
44 361
Living cost
35 733
35 733
35 733
35 733
Free-cash
12 680
20 561
9 217
8 628

Estimated living cost  is ₽35733 per week

₽26313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2535
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.
₽6369
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2244
-₽193
-₽4335
-₽380
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 278
accident
-
-
-
704
income
-
-
-
5 561
surtax
-
-
-
4 140
health
-
-
-
5 866
pensions
-
-
-
12 516
total
-
-
-
34 065
Employee
74 930
-
74 587
-
pensions
5 993
-
5 967
-
surtax
4 593
-
4 570
-
income
7 237
-
7 155
-
health
3 335
-
3 318
-
total
21 158
-
21 010
-
Employer
74 930
-
74 587
-
health
2 285
-
2 274
-
pensions
5 993
-
5 967
-
accident
674
-
672
-
total
8 952
-
8 913
-
Corporate
-
83 500
-
-
communal
-
5 637
-
-
income
-
12 526
-
-
surtax
-
877
-
-
total
-
19 040
-
-
Dividends
-
64 461
-
-
income
-
3 264
-
-
withholding
-
9 670
-
-
total
-
12 934
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 110
31 974
29 923
34 065
After tax
53 390
51 526
53 577
49 435
Living cost
53 770
53 770
53 770
53 770
Free-cash
-380
-2 244
-193
-4 335

Estimated living cost  is ₽53770 per week

₽40336
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9606
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30299
₽20722
₽22320
₽27149
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 554
other
-
-
-
-
surtax
-
-
-
1 549
unemployment
-
-
-
225
health
-
-
-
5 928
pensions
-
-
-
16 700
total
-
-
-
38 956
Employee
33 321
-
68 978
-
other
-
-
-
-
unemployment
2 319
-
4 801
-
pensions
2 223
-
4 600
-
surtax
118
-
1 367
-
income
5 586
-
13 506
-
health
851
-
1 759
-
total
11 097
-
26 033
-
Employer
33 321
-
68 978
-
health
1 515
-
3 139
-
pensions
4 443
-
9 195
-
unemployment
1 057
-
2 187
-
other
-
-
-
-
total
7 015
-
14 521
-
Corporate
43 164
83 500
-
-
income
11 223
21 709
-
-
total
11 223
21 709
-
-
Dividends
31 941
61 791
-
-
withholding
4 792
9 268
-
-
total
4 792
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 127
30 977
40 554
38 956
After tax
49 373
52 523
42 946
44 544
Living cost
22 224
22 224
22 224
22 224
Free-cash
27 149
30 299
20 722
22 320

Estimated living cost  is ₽22224 per week

₽13418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17236
₽13003
₽16956
₽15040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 477
regional
-
-
-
1 259
municipal
-
-
-
496
national
-
-
-
16 659
total
-
-
-
39 891
Employee
54 886
-
83 500
-
municipal
291
-
443
-
national
8 695
-
14 122
-
regional
739
-
1 124
-
social contributions
18 508
-
28 155
-
total
28 233
-
43 844
-
Employer
54 886
-
83 500
-
total
-
-
-
-
Corporate
28 614
83 500
-
-
municipal
1 421
4 150
-
-
nationa
6 867
20 040
-
-
total
8 288
24 190
-
-
Dividends
20 326
59 310
-
-
withholding
5 286
15 421
-
-
total
5 286
15 421
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 807
39 611
43 844
39 891
After tax
41 693
43 889
39 656
43 609
Living cost
26 653
26 653
26 653
26 653
Free-cash
15 040
17 236
13 003
16 956

Estimated living cost  is ₽26653 per week

₽16576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2700
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.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27193
₽12077
₽10371
₽16385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
44 554
-
62 313
-
solidarity contribution
-
-
-
-
social contributions
2 896
-
4 050
-
income
5 346
-
7 478
-
health
6 015
-
8 412
-
total
14 257
-
19 940
-
Employer
44 554
-
62 313
-
health
4 010
-
5 608
-
social contributions
11 138
-
15 578
-
total
15 148
-
21 186
-
Corporate
23 798
83 500
-
-
income
4 522
15 865
-
-
total
4 522
15 865
-
-
Dividends
19 276
67 635
-
-
withholding
2 891
10 145
-
-
total
2 891
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 818
26 010
41 126
42 832
After tax
46 682
57 490
42 374
40 668
Living cost
30 297
30 297
30 297
30 297
Free-cash
16 385
27 193
12 077
10 371

Estimated living cost  is ₽30297 per week

₽22530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
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.
₽5564
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15606
-₽3780
₽12780
₽15119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 915
surtax
-
-
-
-
unemployment
-
-
-
6 069
chamber of commerce
-
-
-
334
health
-
-
-
6 388
pensions
-
-
-
15 447
total
-
-
-
39 153
Employee
43 251
39 431
64 838
-
other
432
394
648
-
unemployment
1 297
1 183
1 945
-
pensions
4 429
4 037
6 639
-
income
3 853
2 908
10 040
-
health
1 673
1 527
2 509
-
total
11 684
10 049
21 781
-
Employer
43 251
39 431
64 838
-
chamber of commerce
173
158
259
-
health
1 635
1 491
2 450
-
pensions
5 428
4 949
8 138
-
accident
561
513
843
-
unemployment
1 297
1 183
1 945
-
surtax
-
-
-
-
payroll
1 297
1 183
1 945
-
other
2 054
1 872
3 081
-
total
12 445
11 349
18 661
-
Corporate
27 802
32 721
61 083
-
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.

6 951
8 181
15 271
-
total
6 951
8 181
15 271
-
Dividends
20 851
24 540
-
-
withholding
5 734
6 748
-
-
total
5 734
6 748
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 814
36 327
55 713
39 153
After tax
46 686
47 173
27 787
44 347
Living cost
31 567
31 567
31 567
31 567
Free-cash
15 119
15 606
-3 780
12 780

Estimated living cost  is ₽31567 per week

₽18936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3224
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66702
₽54177
₽70042
₽64335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 779
-
83 500
-
income
3 156
-
16 700
-
total
3 156
-
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%.

67 721
83 500
-
-
total
-
-
-
-
Dividends
67 721
83 500
-
-
withholding
3 386
4 175
-
-
total
3 386
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
6 542
4 175
16 700
835
After tax
76 958
79 325
66 800
82 665
Living cost
12 623
12 623
12 623
12 623
Free-cash
64 335
66 702
54 177
70 042

Estimated living cost  is ₽12623 per week

₽8542
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30952
₽14950
₽17339
₽22675
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 031
unemployment
-
-
-
126
health
-
-
-
8 217
pensions
-
-
-
15 248
total
-
-
-
39 622
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.

43 753
-
72 251
-
unemployment
62
-
101
-
pensions
6 782
-
11 198
-
income
7 545
-
14 799
-
health
2 826
-
4 666
-
total
17 215
-
30 764
-
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.

43 753
-
72 251
-
health
2 914
-
4 811
-
pensions
3 872
-
6 393
-
unemployment
26
-
43
-
total
6 812
-
11 247
-
Corporate
32 934
83 500
-
-
income
6 258
15 864
-
-
total
6 258
15 864
-
-
Dividends
26 676
67 636
-
-
withholding
4 001
10 145
-
-
total
4 001
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 286
26 009
42 011
39 622
After tax
49 214
57 491
41 489
43 878
Living cost
26 539
26 539
26 539
26 539
Free-cash
22 675
30 952
14 950
17 339

Estimated living cost  is ₽26539 per week

₽18213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1701
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.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽7374
₽26832
₽14278
-₽66566
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 268
-
-
-
social contributions
5 106
-
728
-
income
13 735
-
-
-
total
18 841
-
728
-
Employer
62 268
-
-
-
social contributions
87 798
-
12 513
-
total
87 798
-
12 513
-
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
106 639
32 699
13 241
25 795
After tax
-23 139
50 801
70 259
57 705
Living cost
43 427
43 427
43 427
43 427
Free-cash
-66 566
7 374
26 832
14 278

Estimated living cost  is ₽43427 per week

₽28177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16459
₽12446
₽16107
₽15462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 342
surtax
-
-
-
-
social contributions

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

-
-
-
29 015
total
-
-
-
36 357
Employee
45 507
-
67 474
-
surtax
-
-
-
-
social contributions
5 006
-
7 422
-
income
9 466
-
16 570
-
total
14 472
-
23 992
-
Employer
45 507
-
67 474
-
social contributions
10 808
-
16 026
-
total
10 808
-
16 026
-
Corporate
27 186
83 500
-
-
income
5 708
17 535
-
-
surtax
-
-
-
-
total
5 708
17 535
-
-
Dividends
21 477
65 965
-
-
withholding
6 014
18 470
-
-
total
6 014
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 002
36 005
40 018
36 357
After tax
46 498
47 495
43 482
47 143
Living cost
31 036
31 036
31 036
31 036
Free-cash
15 462
16 459
12 446
16 107

Estimated living cost  is ₽31036 per week

₽23221
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5705
₽995
₽720
₽1096
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 760
other
-
-
-
2 589
surtax
-
-
-
-
social contributions
-
-
-
2 379
health
-
-
-
721
pensions
-
-
-
23 542
total
-
-
-
34 991
Employee
61 971
-
63 631
-
pensions
7 009
-
7 195
-
surtax
-
-
-
-
social contributions
1 765
-
1 812
-
income
5 407
-
5 837
-
total
14 181
-
14 844
-
Employer
61 971
-
63 631
-
health
4 337
-
4 454
-
pensions
10 183
-
10 455
-
unemployment
2 510
-
2 576
-
social contributions
186
-
192
-
other
2 139
-
2 195
-
total
19 355
-
19 872
-
Corporate
2 174
83 500
-
-
income
608
23 381
-
-
surtax
-
-
-
-
total
608
23 381
-
-
Dividends
1 566
60 119
-
-
surtax
-
-
-
-
social contributions
270
10 340
-
-
withholding
201
7 695
-
-
total
471
18 035
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 615
41 416
34 716
34 991
After tax
48 885
42 084
48 784
48 509
Living cost
47 789
47 789
47 789
47 789
Free-cash
1 096
-5 705
995
720

Estimated living cost  is ₽47789 per week

₽32343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽655
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45408
₽36725
₽34386
₽42085
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 003
social contributions
-
-
-
18 369
total
-
-
-
19 372
Employee
31 810
-
72 294
-
income
-
-
1 127
-
social contributions
2 067
-
4 700
-
total
2 067
-
5 827
-
Employer
31 810
-
72 294
-
social contributions
4 931
-
11 206
-
total
4 931
-
11 206
-
Corporate
46 760
83 500
-
-
income
4 675
8 350
-
-
total
4 675
8 350
-
-
Dividends
42 084
75 150
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
11 673
8 350
17 033
19 372
After tax
71 827
75 150
66 467
64 128
Living cost
29 742
29 742
29 742
29 742
Free-cash
42 085
45 408
36 725
34 386

Estimated living cost  is ₽29742 per week

₽19231
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7710
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽131969
-₽131969
₽4854
-₽131969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 611
municipal
-
-
-
14 929
national
-
-
-
8 621
pensions
-
-
-
857
total
-
-
-
31 018
Employee
201 026
201 026
201 026
-
municipal
42 807
42 807
42 807
-
labour market
16 059
16 059
16 059
-
pensions
286
286
286
-
national
24 559
24 559
24 559
-
total
83 711
83 711
83 711
-
Employer
201 026
201 026
201 026
-
national
24 602
24 602
24 602
-
labour market
16 082
16 082
16 082
-
pensions
571
571
571
-
municipal
42 875
42 875
42 875
-
total
84 130
84 130
84 130
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
167 841
167 841
167 841
31 018
After tax
-84 341
-84 341
-84 341
52 482
Living cost
47 628
47 628
47 628
47 628
Free-cash
-131 969
-131 969
-131 969
4 854

Estimated living cost  is ₽47628 per week

₽32597
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽732
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10085
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14973
₽20347
₽35679
₽3430
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
19 099
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
26 084
Employee
34 194
-
69 584
-
pensions
3 850
-
7 651
-
income
4 691
-
11 883
-
health
3 915
-
7 967
-
total
12 456
-
27 501
-
Employer
34 194
-
69 584
-
pensions
5 560
-
11 048
-
accident
571
-
1 162
-
unemployment
838
-
1 705
-
total
6 969
-
13 915
-
Corporate
42 338
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.

38 104
75 150
-
-
total
38 104
75 150
-
-
Dividends
4 234
8 350
-
-
withholding
804
1 586
-
-
total
804
1 586
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 333
76 736
41 416
26 084
After tax
25 167
6 764
42 084
57 416
Living cost
21 737
21 737
21 737
21 737
Free-cash
3 430
-14 973
20 347
35 679

Estimated living cost  is ₽21737 per week

₽15822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18712
₽10873
₽23036
₽14961
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
873
municipal
-
-
-
14 873
national
-
-
-
6 731
total
-
-
-
22 477
Employee
52 057
-
70 246
-
municipal
8 526
-
11 480
-
unemployment
781
-
1 053
-
pensions
3 513
-
4 741
-
national
860
-
3 444
-
health
389
-
668
-
total
14 069
-
21 386
-
Employer
52 057
-
70 246
-
health
400
-
541
-
pensions
9 032
-
12 188
-
accident
53
-
69
-
unemployment
338
-
456
-
total
9 823
-
13 254
-
Corporate
21 621
83 500
-
-
income
4 324
16 700
-
-
total
4 324
16 700
-
-
Dividends

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

12 973
50 100
-
-
municipal
2 336
9 018
-
-
national
-
1 083
-
-
total
2 336
10 101
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 552
26 801
34 640
22 477
After tax
52 948
56 699
48 860
61 023
Living cost
37 987
37 987
37 987
37 987
Free-cash
14 961
18 712
10 873
23 036

Estimated living cost  is ₽37987 per week

₽24813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3654
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38217
₽38266
₽38434
₽32916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 004
social contributions
-
-
-
13 025
health
-
-
-
2 129
total
-
-
-
22 158
Employee
76 083
76 083
76 083
-
social contributions
2 877
6 315
6 292
-
income
8 284
7 043
7 051
-
health
590
1 294
1 288
-
total
11 751
14 652
14 631
-
Employer
76 083
76 083
76 083
-
health
640
1 408
1 403
-
social contributions
2 877
6 315
6 292
-
total
3 517
7 723
7 695
-
Corporate
45 324
-
-
-
income
5 665
-
-
-
total
5 665
-
-
-
Dividends
39 660
-
-
-
withholding
6 743
-
-
-
total
6 743
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 676
22 375
22 326
22 158
After tax
55 824
61 125
61 174
61 342
Living cost
22 908
22 908
22 908
22 908
Free-cash
32 916
38 217
38 266
38 434

Estimated living cost  is ₽22908 per week

₽13729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53439
₽35844
₽50143
₽48402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 745
unemployment
-
-
-
28
health
-
-
-
3 581
pensions
-
-
-
6 294
total
-
-
-
17 648
Employee

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

22 711
-
75 702
-
unemployment
113
-
379
-
pensions
3 406
-
11 356
-
income
1 553
-
5 979
-
health
1 930
-
6 435
-
total
7 002
-
24 149
-
Employer

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

22 711
-
75 702
-
health
976
-
3 256
-
pensions
1 249
-
4 163
-
unemployment
113
-
379
-
total
2 338
-
7 798
-
Corporate
58 451
83 500
-
-
income
5 261
7 514
-
-
total
5 261
7 514
-
-
Dividends
53 190
75 986
-
-
withholding
4 788
6 838
-
-
total
4 788
6 838
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 389
14 352
31 947
17 648
After tax
64 111
69 148
51 553
65 852
Living cost
15 709
15 709
15 709
15 709
Free-cash
48 402
53 439
35 844
50 143

Estimated living cost  is ₽15709 per week

₽10023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29085
₽17741
₽17152
₽23897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 091
other
-
-
-
83
unemployment
-
-
-
584
pensions
-
-
-
23 630
total
-
-
-
39 139
Employee
36 586
-
63 315
-
other
36
-
64
-
unemployment
567
-
982
-
pensions
1 720
-
2 976
-
income
7 053
-
14 344
-
total
9 376
-
18 366
-
Employer
36 586
-
63 315
-
pensions
8 633
-
14 942
-
accident
725
-
1 254
-
unemployment
2 013
-
3 483
-
other
293
-
505
-
total
11 664
-
20 184
-
Corporate
35 250
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.

5 287
12 526
-
-
total
5 287
12 526
-
-
Dividends
29 963
70 974
-
-
withholding
6 067
14 680
-
-
total
6 067
14 680
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 394
27 206
38 550
39 139
After tax
51 106
56 294
44 950
44 361
Living cost
27 209
27 209
27 209
27 209
Free-cash
23 897
29 085
17 741
17 152

Estimated living cost  is ₽27209 per week

₽18365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2616
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.
₽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

Source of data for Valencia model

Close
Istanbul , Turkey
₽50169
₽51066
₽51204
₽49852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 927
health
-
-
-
1 023
pensions
-
-
-
1 411
total
-
-
-
30 361
Employee
2 947
-
81 912
-
unemployment
29
-
71
-
pensions
265
-
635
-
income
570
-
27 853
-
health
147
-
353
-
total
1 011
-
28 912
-
Employer
2 947
-
81 912
-
health
280
-
670
-
pensions
324
-
776
-
unemployment
59
-
141
-
total
663
-
1 587
-
Corporate
79 890
83 500
-
-
income
17 576
18 370
-
-
total
17 576
18 370
-
-
Dividends
62 314
65 130
-
-
withholding
12 463
13 026
-
-
total
12 463
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 713
31 396
30 499
30 361
After tax
51 787
52 104
53 001
53 139
Living cost
1 935
1 935
1 935
1 935
Free-cash
49 852
50 169
51 066
51 204

Estimated living cost  is ₽1935 per week

₽1150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽584
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43219
₽25762
₽25197
₽38350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 554
unemployment
-
-
-
1 097
health
-
-
-
7 531
pensions
-
-
-
19 011
total
-
-
-
41 193
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

25 801
-
70 823
-
unemployment
194
-
531
-
pensions
3 612
-
9 915
-
income
3 556
-
13 858
-
health
1 329
-
3 647
-
total
8 691
-
27 951
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

25 801
-
70 823
-
health
1 329
-
3 647
-
pensions
3 096
-
8 499
-
unemployment
194
-
531
-
total
4 619
-
12 677
-
Corporate
53 080
83 500
-
-
income
7 962
12 525
-
-
total
7 962
12 525
-
-
Dividends
45 118
70 975
-
-
withholding
6 768
10 646
-
-
total
6 768
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 040
23 171
40 628
41 193
After tax
55 460
60 329
42 872
42 307
Living cost
17 110
17 110
17 110
17 110
Free-cash
38 350
43 219
25 762
25 197

Estimated living cost  is ₽17110 per week

₽11520
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20820
₽16807
₽20468
₽20463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 342
surtax
-
-
-
-
social contributions

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

-
-
-
29 015
total
-
-
-
36 357
Employee
38 403
-
67 474
-
surtax
-
-
-
-
social contributions
4 225
-
7 422
-
income
7 504
-
16 570
-
total
11 729
-
23 992
-
Employer
38 403
-
67 474
-
social contributions
9 120
-
16 026
-
total
9 120
-
16 026
-
Corporate
35 978
83 500
-
-
income
7 556
17 535
-
-
surtax
-
-
-
-
total
7 556
17 535
-
-
Dividends
28 422
65 965
-
-
withholding
7 957
18 470
-
-
total
7 957
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 362
36 005
40 018
36 357
After tax
47 138
47 495
43 482
47 143
Living cost
26 675
26 675
26 675
26 675
Free-cash
20 463
20 820
16 807
20 468

Estimated living cost  is ₽26675 per week

₽18893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21521
₽10177
₽9588
₽13976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 091
other
-
-
-
83
unemployment
-
-
-
584
pensions
-
-
-
23 630
total
-
-
-
39 139
Employee
47 786
-
63 315
-
other
47
-
64
-
unemployment
740
-
982
-
pensions
2 246
-
2 976
-
income
9 981
-
14 344
-
total
13 014
-
18 366
-
Employer
47 786
-
63 315
-
pensions
11 277
-
14 942
-
accident
946
-
1 254
-
unemployment
2 629
-
3 483
-
other
383
-
505
-
total
15 235
-
20 184
-
Corporate
20 479
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.

3 072
12 526
-
-
total
3 072
12 526
-
-
Dividends
17 407
70 974
-
-
withholding
3 430
14 680
-
-
total
3 430
14 680
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 751
27 206
38 550
39 139
After tax
48 749
56 294
44 950
44 361
Living cost
34 773
34 773
34 773
34 773
Free-cash
13 976
21 521
10 177
9 588

Estimated living cost  is ₽34773 per week

₽24973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2704
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54370
₽47019
₽44723
₽48340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
138
health
-
-
-
3 975
pensions

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

-
-
-
5 116
total
-
-
-
21 754
Employee
22 540
-
76 719
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
pensions

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

1 979
-
3 035
-
income
2 254
-
7 672
-
health
1 037
-
1 590
-
total
5 518
-
12 677
-
Employer
22 540
-
76 719
-
health
1 555
-
2 385
-
pensions

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

2 484
-
3 809
-
accident

We are using the highest rate at 1.1%.

248
-
380
-
unemployment
135
-
207
-
total
4 422
-
6 781
-
Corporate
56 537
83 500
-
-
income
5 653
8 350
-
-
total
5 653
8 350
-
-
Dividends
50 884
75 150
-
-
withholding
2 544
3 757
-
-
total
2 544
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
18 137
12 107
19 458
21 754
After tax
65 363
71 393
64 042
61 746
Living cost
17 023
17 023
17 023
17 023
Free-cash
48 340
54 370
47 019
44 723

Estimated living cost  is ₽17023 per week

₽11259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4384
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4924
₽22869
₽17488
₽17863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
14 854
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.

-
-
-
817
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.

-
-
-
6 760
trade
-
-
-
5 381
total
-
-
-
27 812
Employee

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

49 231
-
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.

223
-
817
-
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.

4 048
-
14 854
-
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.

6 760
-
6 760
-
total
11 031
-
22 431
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 269
83 500
-
-
income
5 141
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.

284
689
-
-
chamber of commerce
201
272
-
-
trade
4 918
11 981
-
-
total
10 544
25 468
-
-
Dividends
23 726
58 031
-
-
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.

306
777
-
-
withholding
5 556
14 131
-
-
total
5 862
14 908
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 437
40 376
22 431
27 812
After tax
56 063
43 124
61 069
55 688
Living cost
38 200
38 200
38 200
38 200
Free-cash
17 863
4 924
22 869
17 488

Estimated living cost  is ₽38200 per week

₽26351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4110
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽2087
₽2991
₽2991
₽4273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 045
social contributions
-
-
-
7 101
total
-
-
-
24 146
Employee
77 397
-
83 500
-
income
14 604
-
17 045
-
social contributions
6 430
-
7 101
-
total
21 034
-
24 146
-
Employer
77 397
-
83 500
-
total
-
-
-
-
Corporate
6 103
83 500
-
-
income
762
10 438
-
-
total
762
10 438
-
-
Dividends
5 341
73 062
-
-
withholding
1 068
14 612
-
-
total
1 068
14 612
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 864
25 050
24 146
24 146
After tax
60 636
58 450
59 354
59 354
Living cost
56 363
56 363
56 363
56 363
Free-cash
4 273
2 087
2 991
2 991

Estimated living cost  is ₽56363 per week

₽42880
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4593
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.
₽8352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13130
₽25167
₽13413
₽18542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 165
health

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

-
-
-
6 005
total
-
-
-
34 170
Employee
45 390
-
78 949
-
income
4 925
-
13 314
-
social contributions
4 548
-
4 551
-
total
9 473
-
17 865
-
Employer
45 390
-
78 949
-
social contributions
4 548
-
4 551
-
total
4 548
-
4 551
-
Corporate
33 563
83 500
-
-
income
11 747
29 226
-
-
total
11 747
29 226
-
-
Dividends
21 816
54 274
-
-
social contributions
3 273
5 227
-
-
total
3 273
5 227
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 041
34 453
22 416
34 170
After tax
54 459
49 047
61 084
49 330
Living cost
35 917
35 917
35 917
35 917
Free-cash
18 542
13 130
25 167
13 413

Estimated living cost  is ₽35917 per week

₽23658
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25943
₽16161
₽25485
₽20381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 526
pensions
-
-
-
5 869
total
-
-
-
21 395
Employee
50 266
-
73 775
-
pensions
3 837
-
6 659
-
income
9 154
-
13 197
-
health
656
-
1 138
-
total
13 647
-
20 994
-
Employer
50 266
-
73 775
-
health
955
-
1 403
-
pensions
5 078
-
8 322
-
total
6 033
-
9 725
-
Corporate
27 200
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.

5 167
15 865
-
-
total
5 167
15 865
-
-
Dividends
22 033
67 635
-
-
withholding
1 652
5 072
-
-
total
1 652
5 072
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 499
20 937
30 719
21 395
After tax
57 001
62 563
52 781
62 105
Living cost
36 620
36 620
36 620
36 620
Free-cash
20 381
25 943
16 161
25 485

Estimated living cost  is ₽36620 per week

₽25121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17125
₽18195
₽33527
₽3099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
19 099
other
-
-
-
372
health
-
-
-
2 187
pensions
-
-
-
4 173
total
-
-
-
26 084
Employee
37 578
-
69 584
-
pensions
4 231
-
7 651
-
income
5 155
-
11 883
-
health
4 303
-
7 967
-
total
13 689
-
27 501
-
Employer
37 578
-
69 584
-
pensions
6 110
-
11 048
-
accident
628
-
1 162
-
unemployment
921
-
1 705
-
total
7 659
-
13 915
-
Corporate
38 264
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.

34 437
75 150
-
-
total
34 437
75 150
-
-
Dividends
3 826
8 350
-
-
withholding
727
1 586
-
-
total
727
1 586
-
-
Income
83 500
83 500
83 500
83 500
Total tax
56 512
76 736
41 416
26 084
After tax
26 988
6 764
42 084
57 416
Living cost
23 889
23 889
23 889
23 889
Free-cash
3 099
-17 125
18 195
33 527

Estimated living cost  is ₽23889 per week

₽17532
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4484
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57606
₽35973
₽34776
₽52793
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 393
unemployment
-
-
-
1 002
work injury
-
-
-
417
health insurance
-
-
-
6 179
pensions
-
-
-
15 364
total
-
-
-
35 355
Employee

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

21 391
-
83 500
-
health insurance
1 583
-
5 857
-
unemployment
257
-
950
-
work injury
107
-
396
-
pensions
3 936
-
14 562
-
income
2 139
-
12 393
-
total
8 022
-
34 158
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 109
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
62 109
83 500
-
-
withholding
9 316
12 525
-
-
total
9 316
12 525
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 338
12 525
34 158
35 355
After tax
66 162
70 975
49 342
48 145
Living cost
13 369
13 369
13 369
13 369
Free-cash
52 793
57 606
35 973
34 776

Estimated living cost  is ₽13369 per week

₽8282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4566
₽45
₽3864
₽63
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 477
regional
-
-
-
1 525
municipal
-
-
-
558
national
-
-
-
16 659
total
-
-
-
40 219
Employee
83 377
-
83 500
-
municipal
498
-
498
-
national
14 090
-
14 122
-
regional
1 259
-
1 263
-
social contributions
28 114
-
28 155
-
total
43 961
-
44 038
-
Employer
83 377
-
83 500
-
total
-
-
-
-
Corporate
123
83 500
-
-
municipal
6
4 024
-
-
nationa
30
20 040
-
-
total
36
24 064
-
-
Dividends
88
59 436
-
-
withholding
23
15 453
-
-
total
23
15 453
-
-
Income
83 500
83 500
83 500
83 500
Total tax
44 020
39 517
44 038
40 219
After tax
39 480
43 983
39 462
43 281
Living cost
39 417
39 417
39 417
39 417
Free-cash
63
4 566
45
3 864

Estimated living cost  is ₽39417 per week

₽27688
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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