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
₽11498
₽22735
₽24814
₽30525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 711
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.

-
-
-
14 463
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.

-
-
-
6 941
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.

-
-
-
796
total
-
-
-
27 911
Employee

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

38 861
-
83 500
-
health

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

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

6 941
-
6 941
-
surtax

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

60
-
796
-
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.

1 086
-
14 463
-
total
8 087
-
22 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 639
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.

368
688
-
-
income
6 696
12 525
-
-
trade
7 030
13 152
-
-
chamber of commerce
218
274
-
-
total
14 312
26 639
-
-
Dividends
30 326
56 861
-
-
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.

395
760
-
-
withholding
7 196
13 828
-
-
total
7 591
14 588
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 990
41 227
22 200
27 911
After tax
53 510
42 273
61 300
55 589
Living cost
30 775
30 775
30 775
30 775
Free-cash
22 735
11 498
30 525
24 814

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽836
-₽3186
-₽299
₽357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
8 477
pensions
-
-
-
10 020
national
-
-
-
13 136
social contributions
-
-
-
898
total
-
-
-
32 531
Employee
79 474
-
72 185
-
municipal
9 816
-
8 800
-
pensions
3 179
-
2 887
-
national
15 211
-
13 637
-
total
28 206
-
25 324
-
Employer
79 474
-
72 185
-
social contributions
854
-
776
-
pensions
6 358
-
5 775
-
total
7 212
-
6 551
-
Corporate
-
83 500
-
-
income

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

-
16 700
-
-
total
-
16 700
-
-
Dividends
-
66 800
-
-
withholding
-
14 696
-
-
total
-
14 696
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 418
31 396
31 875
32 531
After tax
48 082
52 104
51 625
50 969
Living cost
51 268
51 268
51 268
51 268
Free-cash
-3 186
836
357
-299

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45663
₽37328
₽23644
₽26133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
11 873
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
total
-
-
-
38 718
Employee
29 689
-
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.

3 266
-
7 402
-
surtax
-
-
-
-
income
5 285
-
12 617
-
total
8 551
-
20 019
-
Employer
29 689
-
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.

7 151
-
16 210
-
surtax
-
-
-
-
total
7 151
-
16 210
-
Corporate
46 659
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%.

9 332
16 699
-
-
total
9 332
16 699
-
-
Dividends

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

37 327
66 801
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
25 034
16 699
36 229
38 718
After tax
58 466
66 801
47 271
44 782
Living cost
21 138
21 138
21 138
21 138
Free-cash
37 328
45 663
26 133
23 644

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11691
-₽17395
₽4935
-₽17395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 957
pensions
-
-
-
11 904
health
-
-
-
11 141
total
-
-
-
36 002
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 332
52 628
58 332
36 002
After tax
25 168
30 872
25 168
47 498
Living cost
42 563
42 563
42 563
42 563
Free-cash
-17 395
-11 691
-17 395
4 935

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6438
₽5558
₽2471
₽5437
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
17 686
accident
-
-
-
167
pensions
-
-
-
9 026
other
-
-
-
9 703
unemployment
-
-
-
84
health
-
-
-
5 210
national
-
-
-
-
total
-
-
-
41 876
Employee
55 789
-
63 537
-
municipal
16 636
-
18 947
-
national
-
-
-
-
total
16 636
-
18 947
-
Employer
55 789
-
63 537
-
accident
112
-
127
-
other
6 483
-
7 383
-
unemployment
1 473
-
1 677
-
pensions
6 031
-
6 868
-
health
3 431
-
3 908
-
total
17 530
-
19 963
-
Corporate
10 182
83 500
-
-
income
2 240
18 370
-
-
total
2 240
18 370
-
-
Dividends
7 942
65 130
-
-
withholding
2 383
19 539
-
-
total
2 383
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 789
37 909
38 910
41 876
After tax
44 711
45 591
44 590
41 624
Living cost
39 153
39 153
39 153
39 153
Free-cash
5 558
6 438
5 437
2 471

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
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.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1927
₽16203
₽15420
₽21386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 966
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.

-
-
-
14 463
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.

-
-
-
6 941
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.

-
-
-
796
total
-
-
-
28 166
Employee

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

51 525
-
83 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
796
-
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.

4 427
-
14 463
-
total
11 611
-
22 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 975
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.

264
688
-
-
income
4 797
12 525
-
-
trade
5 260
13 736
-
-
chamber of commerce
201
274
-
-
total
10 522
27 223
-
-
Dividends
21 453
56 277
-
-
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
752
-
-
withholding
4 976
13 684
-
-
total
5 250
14 436
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 383
41 659
22 200
28 166
After tax
56 117
41 841
61 300
55 334
Living cost
39 914
39 914
39 914
39 914
Free-cash
16 203
1 927
21 386
15 420

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27571
₽24058
₽28522
₽27971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
6 868
health
-
-
-
2 129
social contributions
-
-
-
13 026
total
-
-
-
22 023
Employee
78 128
78 128
78 128
-
social contributions
3 796
6 484
6 291
-
health
777
1 328
1 288
-
income
8 204
7 232
7 302
-
total
12 777
15 044
14 881
-
Employer
78 128
78 128
78 128
-
social contributions
3 796
6 484
6 291
-
health
846
1 446
1 402
-
total
4 642
7 930
7 693
-
Corporate
33 124
-
-
-
income
4 140
-
-
-
total
4 140
-
-
-
Dividends
28 985
-
-
-
withholding
4 928
-
-
-
total
4 928
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 487
22 974
22 574
22 023
After tax
57 013
60 526
60 926
61 477
Living cost
32 955
32 955
32 955
32 955
Free-cash
24 058
27 571
27 971
28 522

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
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.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28700
₽29082
₽39440
₽30002
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 350
unemployment
-
-
-
1 253
health
-
-
-
5 845
total
-
-
-
25 656
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.

26 567
10 573
69 874
-
health
1 860
740
4 891
-
income
3 248
1 293
8 542
-
pensions
2 657
1 057
6 987
-
unemployment
399
159
1 048
-
total
8 164
3 249
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.

26 567
10 573
69 874
-
pensions
5 181
2 062
13 626
-
total
5 181
2 062
13 626
-
Corporate
51 753
70 865
-
-
income
4 658
6 378
-
-
total
4 658
6 378
-
-
Dividends
47 095
64 487
-
-
social contributions
9 063
12 454
-
-
withholding
8 948
12 253
-
-
total
18 011
24 707
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 014
36 396
35 094
25 656
After tax
47 486
47 104
48 406
57 844
Living cost
18 404
18 404
18 404
18 404
Free-cash
29 082
28 700
30 002
39 440

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42260
₽35947
₽20216
₽23588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
16 699
health
-
-
-
10 855
total
-
-
-
38 743
Employee
28 823
-
62 404
-
income
3 245
-
12 031
-
pensions
577
-
1 247
-
unemployment
461
-
999
-
total
4 283
-
14 277
-
Employer
28 823
-
62 404
-
unemployment
231
-
499
-
pensions
5 765
-
12 481
-
health
3 746
-
8 114
-
total
9 742
-
21 094
-
Corporate
44 934
83 500
-
-
income
8 987
16 699
-
-
total
8 987
16 699
-
-
Dividends
35 947
66 801
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
23 012
16 699
35 371
38 743
After tax
60 488
66 801
48 129
44 757
Living cost
24 541
24 541
24 541
24 541
Free-cash
35 947
42 260
23 588
20 216

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15430
₽3359
₽35227
₽19854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
19 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
26 080
Employee
34 910
-
69 522
-
health
3 997
-
7 960
-
income
4 789
-
11 819
-
pensions
3 931
-
7 696
-
total
12 717
-
27 475
-
Employer
34 910
-
69 522
-
accident
583
-
1 161
-
unemployment
855
-
1 703
-
pensions
5 677
-
11 114
-
total
7 115
-
13 978
-
Corporate
41 475
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.

37 328
75 150
-
-
total
37 328
75 150
-
-
Dividends
4 147
8 350
-
-
withholding
788
1 587
-
-
total
788
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
57 948
76 737
41 453
26 080
After tax
25 552
6 763
42 047
57 420
Living cost
22 193
22 193
22 193
22 193
Free-cash
3 359
-15 430
19 854
35 227

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70064
₽68328
₽73404
₽57539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
83 500
-
income
2 315
-
16 700
-
total
2 315
-
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%.

71 924
83 500
-
-
total
-
-
-
-
Dividends
71 924
83 500
-
-
withholding
3 596
4 175
-
-
total
3 596
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
5 911
4 175
16 700
835
After tax
77 589
79 325
66 800
82 665
Living cost
9 261
9 261
9 261
9 261
Free-cash
68 328
70 064
57 539
73 404

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34275
₽27413
₽18142
₽21870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
10 607
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.

-
-
-
20 039
other
-
-
-
3 966
health
-
-
-
3 673
total
-
-
-
38 285
Employee
36 891
-
66 693
-
health
517
-
933
-
income
6 351
-
11 480
-
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.

2 582
-
4 670
-
unemployment
368
-
667
-
total
9 818
-
17 750
-
Employer
36 891
-
66 693
-
accident
295
-
534
-
other
1 845
-
3 334
-
unemployment
368
-
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.

6 272
-
11 339
-
health
517
-
933
-
total
9 297
-
16 807
-
Corporate
37 311
83 500
-
-
income
7 836
17 534
-
-
total
7 836
17 534
-
-
Dividends
29 475
65 966
-
-
withholding
2 063
4 618
-
-
total
2 063
4 618
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 014
22 152
34 557
38 285
After tax
54 486
61 348
48 943
45 215
Living cost
27 073
27 073
27 073
27 073
Free-cash
27 413
34 275
21 870
18 142

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5848
-₽26554
-₽6255
-₽15505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 539
pensions
-
-
-
5 807
total
-
-
-
21 346
Employee
96 788
-
73 836
-
health
1 595
-
1 124
-
income
17 447
-
13 226
-
pensions
9 337
-
6 582
-
total
28 379
-
20 932
-
Employer
96 788
-
73 836
-
pensions
11 428
-
8 261
-
health
1 838
-
1 403
-
total
13 266
-
9 664
-
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.

-
15 866
-
-
total
-
15 866
-
-
Dividends
-
67 634
-
-
withholding
-
5 073
-
-
total
-
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 645
20 939
30 596
21 346
After tax
41 855
62 561
52 904
62 154
Living cost
68 409
68 409
68 409
68 409
Free-cash
-26 554
-5 848
-15 505
-6 255

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽58071
₽53351
₽48176
₽50422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
22 002
Employee
17 641
-
76 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
7 654
-
pensions

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

1 549
-
3 116
-
total
4 318
-
12 793
-
Employer
17 641
-
76 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
62 398
83 500
-
-
income
6 240
8 350
-
-
total
6 240
8 350
-
-
Dividends
56 158
75 150
-
-
withholding
2 808
3 757
-
-
total
2 808
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
16 827
12 107
19 756
22 002
After tax
66 673
71 393
63 744
61 498
Living cost
13 322
13 322
13 322
13 322
Free-cash
53 351
58 071
50 422
48 176

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽25469
-₽27193
-₽8843
-₽31173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 957
pensions
-
-
-
11 904
health
-
-
-
11 141
total
-
-
-
36 002
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
54 352
52 628
58 332
36 002
After tax
29 148
30 872
25 168
47 498
Living cost
56 341
56 341
56 341
56 341
Free-cash
-27 193
-25 469
-31 173
-8 843

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33216
₽24556
₽16394
₽18100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 273
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 382
total
-
-
-
42 832
Employee
35 697
-
62 313
-
social contributions
2 320
-
4 050
-
health
4 819
-
8 412
-
solidarity contribution
-
-
-
-
income
4 284
-
7 478
-
total
11 423
-
19 940
-
Employer
35 697
-
62 313
-
social contributions
8 924
-
15 578
-
health
3 213
-
5 608
-
total
12 137
-
21 186
-
Corporate
35 666
83 500
-
-
income
6 777
15 865
-
-
total
6 777
15 865
-
-
Dividends
28 890
67 635
-
-
withholding
4 333
10 145
-
-
total
4 333
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 670
26 010
41 126
42 832
After tax
48 830
57 490
42 374
40 668
Living cost
24 274
24 274
24 274
24 274
Free-cash
24 556
33 216
18 100
16 394

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
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.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1677
-₽6799
₽1291
-₽2682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
496
regional
-
-
-
891
national
-
-
-
16 474
social contributions
-
-
-
21 475
total
-
-
-
39 336
Employee
90 299
-
83 500
-
social contributions
30 449
-
28 156
-
regional
852
-
775
-
municipal
478
-
443
-
national
15 647
-
13 935
-
total
47 426
-
43 309
-
Employer
90 299
-
83 500
-
total
-
-
-
-
Corporate
-
83 500
-
-
nationa
-
20 041
-
-
municipal
-
3 257
-
-
total
-
23 298
-
-
Dividends
-
60 203
-
-
withholding
-
15 652
-
-
total
-
15 652
-
-
Income
83 500
83 500
83 500
83 500
Total tax
47 426
38 950
43 309
39 336
After tax
36 074
44 550
40 191
44 164
Living cost
42 873
42 873
42 873
42 873
Free-cash
-6 799
1 677
-2 682
1 291

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30101
₽26938
₽22399
₽20803
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 339
pensions
-
-
-
16 699
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 927
surtax
-
-
-
1 485
total
-
-
-
38 681
Employee
33 600
-
68 981
-
other
-
-
-
-
health
858
-
1 758
-
surtax
110
-
1 301
-
income
5 632
-
13 298
-
pensions
2 240
-
4 600
-
unemployment
2 339
-
4 801
-
total
11 179
-
25 758
-
Employer
33 600
-
68 981
-
other
-
-
-
-
unemployment
1 064
-
2 186
-
pensions
4 479
-
9 195
-
health
1 529
-
3 137
-
total
7 072
-
14 518
-
Corporate
42 828
83 500
-
-
income
11 135
21 711
-
-
total
11 135
21 711
-
-
Dividends
31 693
61 789
-
-
withholding
4 755
9 268
-
-
total
4 755
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 141
30 979
40 276
38 681
After tax
49 359
52 521
43 224
44 819
Living cost
22 420
22 420
22 420
22 420
Free-cash
26 938
30 101
20 803
22 399

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15826
₽7777
₽15419
₽6169
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 539
pensions
-
-
-
5 807
total
-
-
-
21 346
Employee
64 865
-
73 836
-
health
942
-
1 124
-
income
11 682
-
13 226
-
pensions
5 506
-
6 582
-
total
18 130
-
20 932
-
Employer
64 865
-
73 836
-
pensions
7 022
-
8 261
-
health
1 232
-
1 403
-
total
8 254
-
9 664
-
Corporate
10 381
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.

1 973
15 866
-
-
total
1 973
15 866
-
-
Dividends
8 408
67 634
-
-
withholding
631
5 073
-
-
total
631
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 988
20 939
30 596
21 346
After tax
54 512
62 561
52 904
62 154
Living cost
46 735
46 735
46 735
46 735
Free-cash
7 777
15 826
6 169
15 419

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39432
-₽15982
-₽7444
-₽11706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
879
pensions
-
-
-
7 681
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 670
regional
-
-
-
2 488
health
-
-
-
253
national
-
-
-
358
total
-
-
-
13 329
Employee
90 829
-
74 739
-
city
975
-
803
-
regional
2 974
-
2 103
-
health
205
-
167
-
pensions
7 631
-
6 277
-
unemployment
-
-
-
-
national
430
-
302
-
total
12 215
-
9 652
-
Employer
90 829
-
74 739
-
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.

1 816
-
1 495
-
unemployment
-
-
-
-
pensions
7 631
-
6 277
-
health
205
-
167
-
total
9 652
-
7 939
-
Corporate
-
83 500
-
-
regional
-
17 660
-
-
national
-
7 097
-
-
total
-
24 757
-
-
Dividends
-
58 744
-
-
withholding
-
20 560
-
-
total
-
20 560
-
-
Income
83 500
83 500
83 500
83 500
Total tax
21 867
45 317
17 591
13 329
After tax
61 633
38 183
65 909
70 171
Living cost
77 615
77 615
77 615
77 615
Free-cash
-15 982
-39 432
-11 706
-7 444

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽5131
₽11342
₽8537
₽14755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 218
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.

-
-
-
14 463
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.

-
-
-
6 941
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.

-
-
-
796
total
-
-
-
28 418
Employee

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

61 062
-
83 500
-
health

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

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

6 941
-
6 941
-
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.

395
-
796
-
income

Personal income is calculated on a progressive scale(from 14% to 42%), and is fixed at 45%. The tax percentage is unique and will depend on your income.

7 180
-
14 463
-
total
14 516
-
22 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 438
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.

185
688
-
-
income
3 367
12 525
-
-
trade
3 849
14 320
-
-
chamber of commerce
185
272
-
-
total
7 586
27 805
-
-
Dividends
14 853
55 695
-
-
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.

183
744
-
-
withholding
3 328
13 537
-
-
total
3 511
14 281
-
-
Income
83 500
83 500
83 500
83 500
Total tax
25 613
42 086
22 200
28 418
After tax
57 887
41 414
61 300
55 082
Living cost
46 545
46 545
46 545
46 545
Free-cash
11 342
-5 131
14 755
8 537

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7321
₽13324
₽13720
₽14303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 342
pensions
-
-
-
23 988
other
-
-
-
2 588
health
-
-
-
721
surtax
-
-
-
-
social contributions
-
-
-
2 379
total
-
-
-
35 018
Employee
43 485
-
63 631
-
social contributions
1 240
-
1 812
-
surtax
-
-
-
-
income
2 566
-
5 550
-
pensions
4 917
-
7 198
-
total
8 723
-
14 560
-
Employer
43 485
-
63 631
-
other
1 500
-
2 196
-
social contributions
131
-
191
-
unemployment
1 760
-
2 578
-
pensions
7 144
-
10 456
-
health
3 045
-
4 454
-
total
13 580
-
19 875
-
Corporate
26 435
83 500
-
-
surtax
-
-
-
-
income
7 402
23 380
-
-
total
7 402
23 380
-
-
Dividends
19 033
60 120
-
-
surtax
-
-
-
-
social contributions
3 272
10 342
-
-
withholding
2 437
7 695
-
-
total
5 709
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 414
41 417
34 435
35 018
After tax
48 086
42 083
49 065
48 482
Living cost
34 762
34 762
34 762
34 762
Free-cash
13 324
7 321
14 303
13 720

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10765
₽16410
₽17164
₽17747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 342
pensions
-
-
-
23 988
other
-
-
-
2 588
health
-
-
-
721
surtax
-
-
-
-
social contributions
-
-
-
2 379
total
-
-
-
35 018
Employee
38 816
-
63 631
-
social contributions
1 107
-
1 812
-
surtax
-
-
-
-
income
2 001
-
5 550
-
pensions
4 390
-
7 198
-
total
7 498
-
14 560
-
Employer
38 816
-
63 631
-
other
1 340
-
2 196
-
social contributions
116
-
191
-
unemployment
1 571
-
2 578
-
pensions
6 378
-
10 456
-
health
2 717
-
4 454
-
total
12 122
-
19 875
-
Corporate
32 562
83 500
-
-
surtax
-
-
-
-
income
9 118
23 380
-
-
total
9 118
23 380
-
-
Dividends
23 443
60 120
-
-
surtax
-
-
-
-
social contributions
4 034
10 342
-
-
withholding
3 000
7 695
-
-
total
7 034
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 772
41 417
34 435
35 018
After tax
47 728
42 083
49 065
48 482
Living cost
31 318
31 318
31 318
31 318
Free-cash
16 410
10 765
17 747
17 164

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29397
₽29925
₽32079
₽33163
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 829
social contributions
-
-
-
11 522
total
-
-
-
29 876
Employee
34 450
-
83 500
-
social contributions
4 755
-
11 522
-
health
2 404
-
5 829
-
income
5 746
-
11 441
-
total
12 905
-
28 792
-
Employer
34 450
-
83 500
-
total
-
-
-
-
Corporate
49 050
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%.

2 453
4 174
-
-
total
2 453
4 174
-
-
Dividends
46 598
79 326
-
-
health
3 253
5 538
-
-
social contributions
6 430
10 948
-
-
withholding
6 989
11 898
-
-
total
16 672
28 384
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 030
32 558
28 792
29 876
After tax
51 470
50 942
54 708
53 624
Living cost
21 545
21 545
21 545
21 545
Free-cash
29 925
29 397
33 163
32 079

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11308
₽9742
₽8468
-₽7801
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
334
income
-
-
-
10 628
pensions
-
-
-
15 448
unemployment
-
-
-
6 232
health
-
-
-
6 388
surtax
-
-
-
201
total
-
-
-
39 231
Employee
50 777
40 491
64 687
-
other
507
405
646
-
health
1 965
1 568
2 503
-
income
5 781
2 987
9 768
-
pensions
5 200
4 145
6 623
-
unemployment
1 523
1 215
1 940
-
total
14 976
10 320
21 480
-
Employer
50 777
40 491
64 687
-
accident
659
526
841
-
other
2 412
1 922
3 071
-
chamber of commerce
202
162
258
-
unemployment
1 523
1 215
1 940
-
surtax
201
201
201
-
pensions
6 372
5 083
8 117
-
payroll
1 523
1 215
1 940
-
health
1 918
1 531
2 445
-
total
14 810
11 855
18 813
-
Corporate
17 911
31 155
60 831
-
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.

4 477
7 790
15 207
-
total
4 477
7 790
15 207
-
Dividends
13 434
23 366
-
-
withholding
3 694
6 426
-
-
total
3 694
6 426
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 957
36 391
55 500
39 231
After tax
45 543
47 109
28 000
44 269
Living cost
35 801
35 801
35 801
35 801
Free-cash
9 742
11 308
-7 801
8 468

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9851
-₽10334
₽4054
-₽3413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
26 065
communal

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

-
-
-
4 286
social contributions
-
-
-
12 049
total
-
-
-
42 400
Employee

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

72 678
-
64 672
-
communal

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

3 791
-
3 372
-
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.

3 415
-
3 041
-
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.

5 451
-
4 851
-
unemployment

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

632
-
563
-
national
22 344
-
19 211
-
total
35 633
-
31 038
-
Employer

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

72 678
-
64 672
-
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.

945
-
841
-
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.

1 060
-
945
-
surtax
8 241
-
7 335
-
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.

6 440
-
5 730
-
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.

4 469
-
3 978
-
total
21 155
-
18 829
-
Corporate
-
83 500
-
-
surtax
-
334
-
-
income
-
16 699
-
-
total
-
17 033
-
-
Dividends
-
66 467
-
-
withholding

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

-
19 570
-
-
total
-
19 570
-
-
Income
83 500
83 500
83 500
83 500
Total tax
56 788
36 603
49 867
42 400
After tax
26 712
46 897
33 633
41 100
Living cost
37 046
37 046
37 046
37 046
Free-cash
-10 334
9 851
-3 413
4 054

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
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.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19609
₽11514
₽7760
₽8350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
752
income
-
-
-
13 997
pensions
-
-
-
23 631
other
-
-
-
83
unemployment
-
-
-
584
total
-
-
-
39 047
Employee
50 576
-
63 314
-
other
50
-
64
-
income
10 671
-
14 252
-
pensions
2 377
-
2 975
-
unemployment
785
-
981
-
total
13 883
-
18 272
-
Employer
50 576
-
63 314
-
accident
1 001
-
1 253
-
other
403
-
507
-
unemployment
2 782
-
3 482
-
pensions
11 935
-
14 943
-
total
16 121
-
20 185
-
Corporate
16 803
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.

2 520
12 525
-
-
total
2 520
12 525
-
-
Dividends
14 283
70 975
-
-
withholding
2 769
14 673
-
-
total
2 769
14 673
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 293
27 198
38 457
39 047
After tax
48 207
56 302
45 043
44 453
Living cost
36 693
36 693
36 693
36 693
Free-cash
11 514
19 609
8 350
7 760

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3623
-₽2637
-₽5547
-₽1358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
704
income
-
-
-
5 328
pensions
-
-
-
12 515
health
-
-
-
5 867
surtax
-
-
-
4 140
communal
-
-
-
5 277
total
-
-
-
33 831
Employee
76 944
-
74 586
-
health
3 424
-
3 320
-
surtax
4 716
-
4 572
-
income
7 432
-
6 868
-
pensions
6 155
-
5 968
-
total
21 727
-
20 728
-
Employer
76 944
-
74 586
-
accident
692
-
671
-
pensions
6 155
-
5 968
-
health
2 347
-
2 275
-
total
9 194
-
8 914
-
Corporate
-
83 500
-
-
surtax
-
877
-
-
communal
-
5 636
-
-
income
-
12 525
-
-
total
-
19 038
-
-
Dividends
-
64 462
-
-
income
-
3 199
-
-
withholding
-
9 670
-
-
total
-
12 869
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 921
31 907
29 642
33 831
After tax
52 579
51 593
53 858
49 669
Living cost
55 216
55 216
55 216
55 216
Free-cash
-2 637
-3 623
-1 358
-5 547

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29700
₽26469
₽21998
₽20403
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 339
pensions
-
-
-
16 699
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
5 927
surtax
-
-
-
1 485
total
-
-
-
38 681
Employee
34 217
-
68 981
-
other
-
-
-
-
health
873
-
1 758
-
surtax
121
-
1 301
-
income
5 736
-
13 298
-
pensions
2 283
-
4 600
-
unemployment
2 381
-
4 801
-
total
11 394
-
25 758
-
Employer
34 217
-
68 981
-
other
-
-
-
-
unemployment
1 086
-
2 186
-
pensions
4 562
-
9 195
-
health
1 556
-
3 137
-
total
7 204
-
14 518
-
Corporate
42 080
83 500
-
-
income
10 940
21 711
-
-
total
10 940
21 711
-
-
Dividends
31 140
61 789
-
-
withholding
4 672
9 268
-
-
total
4 672
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 210
30 979
40 276
38 681
After tax
49 290
52 521
43 224
44 819
Living cost
22 821
22 821
22 821
22 821
Free-cash
26 469
29 700
20 403
21 998

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16519
₽14264
₽16425
₽12473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
496
regional
-
-
-
1 260
national
-
-
-
16 474
social contributions
-
-
-
21 475
total
-
-
-
39 705
Employee
56 361
-
83 500
-
social contributions
19 005
-
28 156
-
regional
759
-
1 123
-
municipal
299
-
443
-
national
8 929
-
13 935
-
total
28 992
-
43 657
-
Employer
56 361
-
83 500
-
total
-
-
-
-
Corporate
27 139
83 500
-
-
nationa
6 513
20 041
-
-
municipal
1 350
4 149
-
-
total
7 863
24 190
-
-
Dividends
19 276
59 310
-
-
withholding
5 011
15 421
-
-
total
5 011
15 421
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 866
39 611
43 657
39 705
After tax
41 634
43 889
39 843
43 795
Living cost
27 370
27 370
27 370
27 370
Free-cash
14 264
16 519
12 473
16 425

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27578
₽16907
₽10756
₽12462
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 273
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 382
total
-
-
-
42 832
Employee
43 988
-
62 313
-
social contributions
2 859
-
4 050
-
health
5 938
-
8 412
-
solidarity contribution
-
-
-
-
income
5 278
-
7 478
-
total
14 075
-
19 940
-
Employer
43 988
-
62 313
-
social contributions
10 997
-
15 578
-
health
3 959
-
5 608
-
total
14 956
-
21 186
-
Corporate
24 557
83 500
-
-
income
4 666
15 865
-
-
total
4 666
15 865
-
-
Dividends
19 891
67 635
-
-
withholding
2 984
10 145
-
-
total
2 984
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 681
26 010
41 126
42 832
After tax
46 819
57 490
42 374
40 668
Living cost
29 912
29 912
29 912
29 912
Free-cash
16 907
27 578
12 462
10 756

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14804
₽14304
₽12055
-₽4371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
334
income
-
-
-
10 628
pensions
-
-
-
15 448
unemployment
-
-
-
6 232
health
-
-
-
6 388
surtax
-
-
-
-
total
-
-
-
39 030
Employee
44 414
40 491
64 838
-
other
443
405
648
-
health
1 718
1 568
2 508
-
income
3 957
2 987
9 810
-
pensions
4 548
4 145
6 639
-
unemployment
1 332
1 215
1 945
-
total
11 998
10 320
21 550
-
Employer
44 414
40 491
64 838
-
accident
577
526
843
-
other
2 109
1 922
3 079
-
chamber of commerce
177
162
260
-
unemployment
1 332
1 215
1 945
-
surtax
-
-
-
-
pensions
5 574
5 083
8 137
-
payroll
1 332
1 215
1 945
-
health
1 679
1 531
2 451
-
total
12 780
11 654
18 660
-
Corporate
26 305
31 356
60 983
-
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.

6 577
7 840
15 246
-
total
6 577
7 840
15 246
-
Dividends
19 728
23 516
-
-
withholding
5 426
6 467
-
-
total
5 426
6 467
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 781
36 281
55 456
39 030
After tax
46 719
47 219
28 044
44 470
Living cost
32 415
32 415
32 415
32 415
Free-cash
14 304
14 804
-4 371
12 055

Estimated living cost  is ₽32415 per week

₽19445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
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.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64893
₽62187
₽68233
₽52368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
83 500
-
income
3 608
-
16 700
-
total
3 608
-
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%.

65 460
83 500
-
-
total
-
-
-
-
Dividends
65 460
83 500
-
-
withholding
3 273
4 175
-
-
total
3 273
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
6 881
4 175
16 700
835
After tax
76 619
79 325
66 800
82 665
Living cost
14 432
14 432
14 432
14 432
Free-cash
62 187
64 893
52 368
68 233

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
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.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30237
₽21740
₽16743
₽14352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 914
pensions
-
-
-
15 250
unemployment
-
-
-
125
health
-
-
-
8 216
total
-
-
-
39 505
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
72 253
-
health
2 902
-
4 666
-
income
7 748
-
14 684
-
pensions
6 964
-
11 199
-
unemployment
64
-
100
-
total
17 678
-
30 649
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 929
-
72 253
-
unemployment
27
-
42
-
pensions
3 976
-
6 394
-
health
2 992
-
4 811
-
total
6 995
-
11 247
-
Corporate
31 575
83 500
-
-
income
5 998
15 865
-
-
total
5 998
15 865
-
-
Dividends
25 577
67 635
-
-
withholding
3 837
10 146
-
-
total
3 837
10 146
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 508
26 011
41 896
39 505
After tax
48 992
57 489
41 604
43 995
Living cost
27 252
27 252
27 252
27 252
Free-cash
21 740
30 237
14 352
16 743

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6901
-₽68202
₽13805
₽26215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
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
107 802
32 699
13 385
25 795
After tax
-24 302
50 801
70 115
57 705
Living cost
43 900
43 900
43 900
43 900
Free-cash
-68 202
6 901
26 215
13 805

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15627
₽14603
₽15333
₽11765
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 281
surtax
-
-
-
-
social contributions

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

-
-
-
29 016
total
-
-
-
36 297
Employee
46 730
-
67 475
-
social contributions
5 140
-
7 421
-
surtax
-
-
-
-
income
9 720
-
16 419
-
total
14 860
-
23 840
-
Employer
46 730
-
67 475
-
social contributions
11 098
-
16 025
-
total
11 098
-
16 025
-
Corporate
25 672
83 500
-
-
surtax
-
-
-
-
income
5 391
17 534
-
-
total
5 391
17 534
-
-
Dividends
20 281
65 966
-
-
withholding
5 678
18 469
-
-
total
5 678
18 469
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 027
36 003
39 865
36 297
After tax
46 473
47 497
43 635
47 203
Living cost
31 870
31 870
31 870
31 870
Free-cash
14 603
15 627
11 765
15 333

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6990
-₽10
-₽591
-₽8
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
5 342
pensions
-
-
-
23 988
other
-
-
-
2 588
health
-
-
-
721
surtax
-
-
-
-
social contributions
-
-
-
2 379
total
-
-
-
35 018
Employee
63 636
-
63 631
-
social contributions
1 812
-
1 812
-
surtax
-
-
-
-
income
5 552
-
5 550
-
pensions
7 198
-
7 198
-
total
14 562
-
14 560
-
Employer
63 636
-
63 631
-
other
2 196
-
2 196
-
social contributions
191
-
191
-
unemployment
2 578
-
2 578
-
pensions
10 456
-
10 456
-
health
4 454
-
4 454
-
total
19 875
-
19 875
-
Corporate
-
83 500
-
-
surtax
-
-
-
-
income
-
23 380
-
-
total
-
23 380
-
-
Dividends
-
60 120
-
-
surtax
-
-
-
-
social contributions
-
10 342
-
-
withholding
-
7 695
-
-
total
-
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 437
41 417
34 435
35 018
After tax
49 063
42 083
49 065
48 482
Living cost
49 073
49 073
49 073
49 073
Free-cash
-10
-6 990
-8
-591

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44607
₽41195
₽33644
₽35987
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
943
social contributions
-
-
-
18 371
total
-
-
-
19 314
Employee
32 665
-
72 294
-
income
-
-
1 066
-
social contributions
2 123
-
4 699
-
total
2 123
-
5 765
-
Employer
32 665
-
72 294
-
social contributions
5 063
-
11 206
-
total
5 063
-
11 206
-
Corporate
45 772
83 500
-
-
income
4 577
8 351
-
-
total
4 577
8 351
-
-
Dividends
41 195
75 149
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
11 763
8 351
16 971
19 314
After tax
71 737
75 149
66 529
64 186
Living cost
30 542
30 542
30 542
30 542
Free-cash
41 195
44 607
35 987
33 644

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽137848
-₽137848
₽3653
-₽137848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
14 849
pensions
-
-
-
881
national
-
-
-
8 580
labour market
-
-
-
6 610
total
-
-
-
30 920
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
172 421
172 421
172 421
30 920
After tax
-88 921
-88 921
-88 921
52 580
Living cost
48 927
48 927
48 927
48 927
Free-cash
-137 848
-137 848
-137 848
3 653

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15102
₽3409
₽35555
₽20182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
19 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
26 080
Employee
34 396
-
69 522
-
health
3 939
-
7 960
-
income
4 719
-
11 819
-
pensions
3 873
-
7 696
-
total
12 531
-
27 475
-
Employer
34 396
-
69 522
-
accident
574
-
1 161
-
unemployment
843
-
1 703
-
pensions
5 593
-
11 114
-
total
7 010
-
13 978
-
Corporate
42 094
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.

37 885
75 150
-
-
total
37 885
75 150
-
-
Dividends
4 209
8 350
-
-
withholding
800
1 587
-
-
total
800
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
58 226
76 737
41 453
26 080
After tax
25 274
6 763
42 047
57 420
Living cost
21 865
21 865
21 865
21 865
Free-cash
3 409
-15 102
20 182
35 555

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17805
₽13811
₽22263
₽10062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
14 875
health
-
-
-
862
national
-
-
-
6 492
total
-
-
-
22 229
Employee
53 456
-
70 244
-
health
399
-
657
-
municipal
8 756
-
11 482
-
pensions
3 608
-
4 741
-
unemployment
802
-
1 053
-
national
883
-
3 241
-
total
14 448
-
21 174
-
Employer
53 456
-
70 244
-
accident
54
-
69
-
unemployment
347
-
457
-
pensions
9 274
-
12 188
-
health
411
-
542
-
total
10 086
-
13 256
-
Corporate
19 958
83 500
-
-
income
3 991
16 699
-
-
total
3 991
16 699
-
-
Dividends

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

11 975
50 100
-
-
national
-
970
-
-
municipal
2 156
9 018
-
-
total
2 156
9 988
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 681
26 687
34 430
22 229
After tax
52 819
56 813
49 070
61 271
Living cost
39 008
39 008
39 008
39 008
Free-cash
13 811
17 805
10 062
22 263

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37002
₽32173
₽37953
₽37402
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
6 868
health
-
-
-
2 129
social contributions
-
-
-
13 026
total
-
-
-
22 023
Employee
78 128
78 128
78 128
-
social contributions
2 954
6 484
6 291
-
health
605
1 328
1 288
-
income
8 507
7 232
7 302
-
total
12 066
15 044
14 881
-
Employer
78 128
78 128
78 128
-
social contributions
2 954
6 484
6 291
-
health
657
1 446
1 402
-
total
3 611
7 930
7 693
-
Corporate
44 298
-
-
-
income
5 538
-
-
-
total
5 538
-
-
-
Dividends
38 761
-
-
-
withholding
6 588
-
-
-
total
6 588
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 803
22 974
22 574
22 023
After tax
55 697
60 526
60 926
61 477
Living cost
23 524
23 524
23 524
23 524
Free-cash
32 173
37 002
37 402
37 953

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53013
₽47844
₽49492
₽35433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 707
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
17 876
Employee

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

23 322
-
75 705
-
health
1 982
-
6 434
-
income
1 595
-
5 970
-
pensions
3 498
-
11 357
-
unemployment
116
-
378
-
total
7 191
-
24 139
-
Employer

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

23 322
-
75 705
-
unemployment
116
-
378
-
pensions
1 282
-
4 163
-
health
1 003
-
3 255
-
total
2 401
-
7 796
-
Corporate
57 778
83 500
-
-
income
5 200
7 516
-
-
total
5 200
7 516
-
-
Dividends
52 578
75 984
-
-
withholding
4 732
6 839
-
-
total
4 732
6 839
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 524
14 355
31 935
17 876
After tax
63 976
69 145
51 565
65 624
Living cost
16 132
16 132
16 132
16 132
Free-cash
47 844
53 013
35 433
49 492

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28362
₽23033
₽16513
₽17103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
752
income
-
-
-
13 997
pensions
-
-
-
23 631
other
-
-
-
83
unemployment
-
-
-
584
total
-
-
-
39 047
Employee
37 569
-
63 314
-
other
37
-
64
-
income
7 243
-
14 252
-
pensions
1 766
-
2 975
-
unemployment
582
-
981
-
total
9 628
-
18 272
-
Employer
37 569
-
63 314
-
accident
744
-
1 253
-
other
301
-
507
-
unemployment
2 067
-
3 482
-
pensions
8 866
-
14 943
-
total
11 978
-
20 185
-
Corporate
33 954
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.

5 092
12 525
-
-
total
5 092
12 525
-
-
Dividends
28 861
70 975
-
-
withholding
5 829
14 673
-
-
total
5 829
14 673
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 527
27 198
38 457
39 047
After tax
50 973
56 302
45 043
44 453
Living cost
27 940
27 940
27 940
27 940
Free-cash
23 033
28 362
17 103
16 513

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
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.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49323
₽48867
₽49860
₽49663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 359
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
30 859
Employee
4 236
-
81 218
-
health
212
-
507
-
income
820
-
27 252
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
28 773
-
Employer
4 236
-
81 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
78 310
83 500
-
-
income
17 228
18 370
-
-
total
17 228
18 370
-
-
Dividends
61 082
65 130
-
-
withholding
12 216
13 026
-
-
total
12 216
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 852
31 396
31 056
30 859
After tax
51 648
52 104
52 444
52 641
Living cost
2 781
2 781
2 781
2 781
Free-cash
48 867
49 323
49 663
49 860

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽42770
₽37772
₽24433
₽25470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 144
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
41 508
Employee

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

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

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

26 477
-
70 823
-
health
1 364
-
3 647
-
income
3 650
-
13 701
-
pensions
3 707
-
9 915
-
unemployment
199
-
531
-
total
8 920
-
27 794
-
Employer

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

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

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

26 477
-
70 823
-
unemployment
199
-
531
-
pensions
3 177
-
8 499
-
health
1 364
-
3 647
-
total
4 740
-
12 677
-
Corporate
52 284
83 500
-
-
income
7 843
12 525
-
-
total
7 843
12 525
-
-
Dividends
44 441
70 975
-
-
withholding
6 666
10 646
-
-
total
6 666
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 169
23 171
40 471
41 508
After tax
55 331
60 329
43 029
41 992
Living cost
17 559
17 559
17 559
17 559
Free-cash
37 772
42 770
25 470
24 433

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20105
₽19738
₽19811
₽16243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 281
surtax
-
-
-
-
social contributions

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

-
-
-
29 016
total
-
-
-
36 297
Employee
39 435
-
67 475
-
social contributions
4 338
-
7 421
-
surtax
-
-
-
-
income
7 705
-
16 419
-
total
12 043
-
23 840
-
Employer
39 435
-
67 475
-
social contributions
9 365
-
16 025
-
total
9 365
-
16 025
-
Corporate
34 700
83 500
-
-
surtax
-
-
-
-
income
7 286
17 534
-
-
total
7 286
17 534
-
-
Dividends
27 414
65 966
-
-
withholding
7 676
18 469
-
-
total
7 676
18 469
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 370
36 003
39 865
36 297
After tax
47 130
47 497
43 635
47 203
Living cost
27 392
27 392
27 392
27 392
Free-cash
19 738
20 105
16 243
19 811

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and 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 Porto model

Close
Madrid , Spain
₽20594
₽12846
₽8745
₽9335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
752
income
-
-
-
13 997
pensions
-
-
-
23 631
other
-
-
-
83
unemployment
-
-
-
584
total
-
-
-
39 047
Employee
49 070
-
63 314
-
other
48
-
64
-
income
10 249
-
14 252
-
pensions
2 306
-
2 975
-
unemployment
760
-
981
-
total
13 363
-
18 272
-
Employer
49 070
-
63 314
-
accident
972
-
1 253
-
other
393
-
507
-
unemployment
2 699
-
3 482
-
pensions
11 580
-
14 943
-
total
15 644
-
20 185
-
Corporate
18 785
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.

2 817
12 525
-
-
total
2 817
12 525
-
-
Dividends
15 968
70 975
-
-
withholding
3 122
14 673
-
-
total
3 122
14 673
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 946
27 198
38 457
39 047
After tax
48 554
56 302
45 043
44 453
Living cost
35 708
35 708
35 708
35 708
Free-cash
12 846
20 594
9 335
8 745

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53914
₽47721
₽44019
₽46265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
22 002
Employee
23 145
-
76 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
7 654
-
pensions

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

2 032
-
3 116
-
total
5 666
-
12 793
-
Employer
23 145
-
76 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
55 814
83 500
-
-
income
5 581
8 350
-
-
total
5 581
8 350
-
-
Dividends
50 233
75 150
-
-
withholding
2 512
3 757
-
-
total
2 512
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
18 300
12 107
19 756
22 002
After tax
65 200
71 393
63 744
61 498
Living cost
17 479
17 479
17 479
17 479
Free-cash
47 721
53 914
46 265
44 019

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
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.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3903
₽17196
₽16870
₽22074
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 204
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.

-
-
-
14 463
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.

-
-
-
6 941
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.

-
-
-
796
total
-
-
-
27 404
Employee

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

50 554
-
83 500
-
health

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

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

6 941
-
6 941
-
surtax

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

229
-
796
-
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.

4 157
-
14 463
-
total
11 327
-
22 200
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 946
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.

272
688
-
-
income
4 942
12 525
-
-
trade
4 728
11 981
-
-
chamber of commerce
202
278
-
-
total
10 144
25 472
-
-
Dividends
22 802
58 028
-
-
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.

293
777
-
-
withholding
5 314
14 122
-
-
total
5 607
14 899
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 078
40 371
22 200
27 404
After tax
56 422
43 129
61 300
56 096
Living cost
39 226
39 226
39 226
39 226
Free-cash
17 196
3 903
22 074
16 870

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽572
₽2815
₽1970
₽1970
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 607
social contributions
-
-
-
7 045
total
-
-
-
23 652
Employee
79 477
-
83 500
-
income
14 997
-
16 607
-
social contributions
6 603
-
7 045
-
total
21 600
-
23 652
-
Employer
79 477
-
83 500
-
total
-
-
-
-
Corporate
4 023
83 500
-
-
income
503
10 437
-
-
total
503
10 437
-
-
Dividends
3 520
73 063
-
-
withholding
704
14 613
-
-
total
704
14 613
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 807
25 050
23 652
23 652
After tax
60 693
58 450
59 848
59 848
Living cost
57 878
57 878
57 878
57 878
Free-cash
2 815
572
1 970
1 970

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
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.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12025
₽17802
₽10884
₽24159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
78 826
-
income
5 057
-
13 111
-
social contributions
4 670
-
4 674
-
total
9 727
-
17 785
-
Employer
46 610
-
78 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
32 220
83 500
-
-
income
11 278
29 225
-
-
total
11 278
29 225
-
-
Dividends
20 943
54 275
-
-
social contributions
3 141
5 368
-
-
total
3 141
5 368
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 816
34 593
22 459
35 734
After tax
54 684
48 907
61 041
47 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
17 802
12 025
24 159
10 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
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.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24567
₽18796
₽24160
₽14910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 539
pensions
-
-
-
5 807
total
-
-
-
21 346
Employee
52 152
-
73 836
-
health
680
-
1 124
-
income
9 497
-
13 226
-
pensions
3 981
-
6 582
-
total
14 158
-
20 932
-
Employer
52 152
-
73 836
-
pensions
5 269
-
8 261
-
health
991
-
1 403
-
total
6 260
-
9 664
-
Corporate
25 087
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.

4 767
15 866
-
-
total
4 767
15 866
-
-
Dividends
20 321
67 634
-
-
withholding
1 525
5 073
-
-
total
1 525
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 710
20 939
30 596
21 346
After tax
56 790
62 561
52 904
62 154
Living cost
37 994
37 994
37 994
37 994
Free-cash
18 796
24 567
14 910
24 160

Estimated living cost  is ₽37994 per week

₽26064
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.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17267
₽3078
₽33390
₽18017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
19 054
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
26 080
Employee
37 800
-
69 522
-
health
4 328
-
7 960
-
income
5 186
-
11 819
-
pensions
4 256
-
7 696
-
total
13 770
-
27 475
-
Employer
37 800
-
69 522
-
accident
631
-
1 161
-
unemployment
926
-
1 703
-
pensions
6 146
-
11 114
-
total
7 703
-
13 978
-
Corporate
37 996
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.

34 197
75 150
-
-
total
34 197
75 150
-
-
Dividends
3 799
8 350
-
-
withholding
722
1 587
-
-
total
722
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
56 392
76 737
41 453
26 080
After tax
27 108
6 763
42 047
57 420
Living cost
24 030
24 030
24 030
24 030
Free-cash
3 078
-17 267
18 017
33 390

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
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.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57280
₽52350
₽34513
₽35182
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
418
health insurance
-
-
-
6 179
income
-
-
-
12 329
pensions
-
-
-
15 364
unemployment
-
-
-
1 002
total
-
-
-
35 292
Employee

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

21 911
-
83 500
-
work injury
110
-
405
-
income
2 191
-
12 329
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
34 623
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 589
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
61 589
83 500
-
-
withholding
9 238
12 525
-
-
total
9 238
12 525
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 455
12 525
34 623
35 292
After tax
66 045
70 975
48 877
48 208
Living cost
13 695
13 695
13 695
13 695
Free-cash
52 350
57 280
35 182
34 513

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3504
-₽2120
₽3014
-₽804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
559
regional
-
-
-
1 501
national
-
-
-
16 474
social contributions
-
-
-
21 475
total
-
-
-
40 009
Employee
85 618
-
83 500
-
social contributions
28 870
-
28 156
-
regional
1 293
-
1 239
-
municipal
511
-
497
-
national
14 469
-
13 935
-
total
45 143
-
43 827
-
Employer
85 618
-
83 500
-
total
-
-
-
-
Corporate
-
83 500
-
-
nationa
-
20 041
-
-
municipal
-
4 024
-
-
total
-
24 065
-
-
Dividends
-
59 435
-
-
withholding
-
15 454
-
-
total
-
15 454
-
-
Income
83 500
83 500
83 500
83 500
Total tax
45 143
39 519
43 827
40 009
After tax
38 357
43 981
39 673
43 491
Living cost
40 476
40 476
40 476
40 476
Free-cash
-2 120
3 504
-804
3 014

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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