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
₽32281
₽13993
₽25960
₽24309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
866
trade
-
-
-
6 321
income

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

-
-
-
15 729
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.

-
-
-
6 372
total
-
-
-
29 288
Employee

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

35 675
-
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.

6 372
-
6 372
-
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.

55
-
866
-
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.

997
-
15 729
-
total
7 424
-
22 967
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 825
83 500
-
-
chamber of commerce
211
262
-
-
trade
7 533
13 151
-
-
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
689
-
-
income
7 174
12 525
-
-
total
15 313
26 627
-
-
Dividends
32 512
56 873
-
-
withholding
7 774
13 865
-
-
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.

428
763
-
-
total
8 202
14 628
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 939
41 255
22 967
29 288
After tax
52 561
42 245
60 533
54 212
Living cost
28 252
28 252
28 252
28 252
Free-cash
24 309
13 993
32 281
25 960

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1792
₽2367
₽1136
-₽598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 515
social contributions
-
-
-
898
national
-
-
-
13 194
pensions
-
-
-
10 020
total
-
-
-
32 627
Employee
77 101
-
72 185
-
pensions
3 084
-
2 887
-
national
14 757
-
13 695
-
municipal
9 523
-
8 838
-
total
27 364
-
25 420
-
Employer
77 101
-
72 185
-
pensions
6 168
-
5 775
-
social contributions
829
-
776
-
total
6 997
-
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
34 361
31 396
31 971
32 627
After tax
49 139
52 104
51 529
50 873
Living cost
49 737
49 737
49 737
49 737
Free-cash
-598
2 367
1 792
1 136

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27771
₽47395
₽25280
₽39745
S + D Salary + Dividends

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

Dividends

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

Salary

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

-
-
-
26 846
income
-
-
-
11 969
total
-
-
-
38 815
Employee
27 255
-
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.

2 998
-
7 402
-
surtax
-
-
-
-
income
4 852
-
12 712
-
total
7 850
-
20 114
-
Employer
27 255
-
67 290
-
surtax
-
-
-
-
social contributions

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

6 565
-
16 210
-
total
6 565
-
16 210
-
Corporate
49 680
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%.

9 935
16 700
-
-
total
9 935
16 700
-
-
Dividends

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

39 745
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
24 350
16 700
36 324
38 815
After tax
59 150
66 800
47 176
44 685
Living cost
19 405
19 405
19 405
19 405
Free-cash
39 745
47 395
27 771
25 280

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9122
-₽3886
₽8378
-₽9122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 503
pensions
-
-
-
10 928
health
-
-
-
10 618
total
-
-
-
36 049
Employee
79 651
79 651
79 651
-
health
12 226
10 399
12 226
-
pensions
14 337
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
39 601
-
Employer
79 651
79 651
79 651
-
unemployment
2 867
2 867
2 867
-
health
5 537
5 537
5 537
-
pensions
5 544
5 544
5 544
-
total
13 948
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
53 549
48 313
53 549
36 049
After tax
29 951
35 187
29 951
47 451
Living cost
39 073
39 073
39 073
39 073
Free-cash
-9 122
-3 886
-9 122
8 378

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
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.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6907
₽7907
₽4124
₽7062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 765
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
-
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
41 692
Employee
53 696
-
63 537
-
national
-
-
-
-
municipal
16 012
-
18 947
-
total
16 012
-
18 947
-
Employer
53 696
-
63 537
-
unemployment
1 418
-
1 677
-
accident
107
-
127
-
health
3 302
-
3 907
-
pensions
5 804
-
6 868
-
other
6 240
-
7 383
-
total
16 871
-
19 962
-
Corporate
12 932
83 500
-
-
income
2 845
18 370
-
-
total
2 845
18 370
-
-
Dividends
10 087
65 130
-
-
withholding
3 026
19 539
-
-
total
3 026
19 539
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 754
37 909
38 909
41 692
After tax
44 746
45 591
44 591
41 808
Living cost
37 684
37 684
37 684
37 684
Free-cash
7 062
7 907
6 907
4 124

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23891
₽5177
₽17289
₽18282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
866
trade
-
-
-
6 602
income

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

-
-
-
15 729
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.

-
-
-
6 372
total
-
-
-
29 569
Employee

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

47 301
-
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.

6 372
-
6 372
-
surtax

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

223
-
866
-
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.

4 064
-
15 729
-
total
10 659
-
22 967
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 199
83 500
-
-
chamber of commerce
193
260
-
-
trade
5 954
13 735
-
-
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.

299
689
-
-
income
5 430
12 525
-
-
total
11 876
27 209
-
-
Dividends
24 322
56 291
-
-
withholding
5 726
13 718
-
-
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.

315
754
-
-
total
6 041
14 472
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 576
41 681
22 967
29 569
After tax
54 924
41 819
60 533
53 931
Living cost
36 642
36 642
36 642
36 642
Free-cash
18 282
5 177
23 891
17 289

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30232
₽30922
₽30314
₽27057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
13 026
income
-
-
-
7 778
health
-
-
-
2 129
total
-
-
-
22 933
Employee
71 723
71 723
75 806
-
health
713
1 220
1 289
-
social contributions
3 485
5 953
6 292
-
income
7 531
6 639
7 740
-
total
11 729
13 812
15 321
-
Employer
71 723
71 723
75 806
-
health
777
1 328
1 402
-
social contributions
3 485
5 953
6 292
-
total
4 262
7 281
7 694
-
Corporate
37 255
4 497
-
-
income
4 657
563
-
-
total
4 657
563
-
-
Dividends
32 598
3 934
-
-
withholding
5 542
669
-
-
total
5 542
669
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 190
22 325
23 015
22 933
After tax
57 310
61 175
60 485
60 567
Living cost
30 253
30 253
30 253
30 253
Free-cash
27 057
30 922
30 232
30 314

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
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.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31703
₽30366
₽41142
₽30713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 252
income
-
-
-
10 208
pensions
-
-
-
8 350
health
-
-
-
5 845
total
-
-
-
25 655
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

24 110
9 596
69 874
-
health
1 688
672
4 891
-
pensions
2 411
960
6 987
-
unemployment
362
144
1 048
-
income
2 948
1 173
8 542
-
total
7 409
2 949
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.

24 110
9 596
69 874
-
pensions
4 702
1 871
13 626
-
total
4 702
1 871
13 626
-
Corporate
54 688
72 033
-
-
income
4 922
6 483
-
-
total
4 922
6 483
-
-
Dividends
49 766
65 550
-
-
withholding
9 456
12 455
-
-
social contributions
9 595
12 673
-
-
total
19 051
25 128
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 084
36 431
35 094
25 655
After tax
47 416
47 069
48 406
57 845
Living cost
16 703
16 703
16 703
16 703
Free-cash
30 713
30 366
31 703
41 142

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25600
₽44271
₽22227
₽38479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 188
pensions
-
-
-
16 700
health
-
-
-
10 856
total
-
-
-
38 744
Employee
26 460
-
62 407
-
unemployment
423
-
998
-
pensions
529
-
1 248
-
income
2 979
-
12 033
-
total
3 931
-
14 279
-
Employer
26 460
-
62 407
-
unemployment
212
-
499
-
health
3 439
-
8 112
-
pensions
5 292
-
12 481
-
total
8 943
-
21 092
-
Corporate
48 096
83 500
-
-
income
9 618
16 700
-
-
total
9 618
16 700
-
-
Dividends
38 478
66 800
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 492
16 700
35 371
38 744
After tax
61 008
66 800
48 129
44 756
Living cost
22 529
22 529
22 529
22 529
Free-cash
38 479
44 271
25 600
22 227

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21602
-₽14066
₽36552
₽3569
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
351
income
-
-
-
19 525
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
26 119
Employee
32 765
-
70 178
-
health
3 752
-
8 035
-
pensions
3 689
-
7 223
-
income
4 495
-
12 489
-
total
11 936
-
27 747
-
Employer
32 765
-
70 178
-
unemployment
803
-
1 719
-
accident
547
-
1 172
-
pensions
5 328
-
10 431
-
total
6 678
-
13 322
-
Corporate
44 057
83 500
-
-
income

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

39 651
75 150
-
-
total
39 651
75 150
-
-
Dividends
4 406
8 350
-
-
withholding
837
1 587
-
-
total
837
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
59 102
76 737
41 069
26 119
After tax
24 398
6 763
42 431
57 381
Living cost
20 829
20 829
20 829
20 829
Free-cash
3 569
-14 066
21 602
36 552

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59246
₽71771
₽75111
₽70355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
83 500
microenterprise

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

-
-
-
835
total
-
-
-
835
Employee
9 443
-
83 500
-
income
1 888
-
16 700
-
total
1 888
-
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%.

74 057
83 500
-
-
total
-
-
-
-
Dividends
74 057
83 500
-
-
withholding
3 703
4 175
-
-
total
3 703
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
5 591
4 175
16 700
835
After tax
77 909
79 325
66 800
82 665
Living cost
7 554
7 554
7 554
7 554
Free-cash
70 355
71 771
59 246
75 111

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24090
₽36493
₽20360
₽30196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
3 967
income
-
-
-
10 606
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
health
-
-
-
3 675
total
-
-
-
38 287
Employee
33 866
-
66 694
-
health
474
-
935
-
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.

2 370
-
4 668
-
unemployment
338
-
667
-
income
5 830
-
11 480
-
total
9 012
-
17 750
-
Employer
33 866
-
66 694
-
unemployment
338
-
667
-
accident
271
-
533
-
health
474
-
935
-
pensions

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

5 758
-
11 337
-
other
1 694
-
3 335
-
total
8 535
-
16 807
-
Corporate
41 098
83 500
-
-
income
8 631
17 536
-
-
total
8 631
17 536
-
-
Dividends
32 468
65 964
-
-
withholding
2 273
4 618
-
-
total
2 273
4 618
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 451
22 154
34 557
38 287
After tax
55 049
61 346
48 943
45 213
Living cost
24 853
24 853
24 853
24 853
Free-cash
30 196
36 493
24 090
20 360

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10172
-₽244
-₽763
-₽17541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 511
pensions
-
-
-
5 946
total
-
-
-
21 457
Employee
88 860
-
73 701
-
health
1 464
-
1 154
-
pensions
8 573
-
6 753
-
income
16 018
-
13 160
-
total
26 055
-
21 067
-
Employer
88 860
-
73 701
-
health
1 688
-
1 400
-
pensions
10 492
-
8 399
-
total
12 180
-
9 799
-
Corporate
-
83 500
-
-
income

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

-
15 865
-
-
total
-
15 865
-
-
Dividends
-
67 635
-
-
withholding
-
5 073
-
-
total
-
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 235
20 938
30 866
21 457
After tax
45 265
62 562
52 634
62 043
Living cost
62 806
62 806
62 806
62 806
Free-cash
-17 541
-244
-10 172
-763

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽52440
₽59159
₽50039
₽54826
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
12 525
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
21 227
Employee
16 200
-
77 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
7 710
-
total
3 965
-
12 430
-
Employer
16 200
-
77 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
64 121
83 500
-
-
income
6 412
8 350
-
-
total
6 412
8 350
-
-
Dividends
57 709
75 150
-
-
withholding
2 885
3 757
-
-
total
2 885
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
16 440
12 107
18 826
21 227
After tax
67 060
71 393
64 674
62 273
Living cost
12 234
12 234
12 234
12 234
Free-cash
54 826
59 159
52 440
50 039

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽21770
-₽16534
-₽4270
-₽18115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 503
pensions
-
-
-
10 928
health
-
-
-
10 618
total
-
-
-
36 049
Employee
86 476
79 651
79 651
-
health
10 788
10 399
12 226
-
pensions
10 928
10 928
14 337
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
39 601
-
Employer
86 476
79 651
79 651
-
unemployment
3 113
2 867
2 867
-
health
6 009
5 537
5 537
-
pensions
6 018
5 544
5 544
-
total
15 140
13 948
13 948
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
49 894
48 313
53 549
36 049
After tax
33 606
35 187
29 951
47 451
Living cost
51 721
51 721
51 721
51 721
Free-cash
-18 115
-16 534
-21 770
-4 270

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19583
₽34699
₽17877
₽26567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 382
income
-
-
-
7 177
health
-
-
-
11 273
total
-
-
-
42 832
Employee
33 517
-
62 313
-
health
4 525
-
8 412
-
social contributions
2 179
-
4 050
-
solidarity contribution
-
-
-
-
income
4 022
-
7 478
-
total
10 726
-
19 940
-
Employer
33 517
-
62 313
-
health
3 017
-
5 608
-
social contributions
8 379
-
15 578
-
total
11 396
-
21 186
-
Corporate
38 588
83 500
-
-
income
7 332
15 865
-
-
total
7 332
15 865
-
-
Dividends
31 256
67 635
-
-
withholding
4 688
10 145
-
-
total
4 688
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 142
26 010
41 126
42 832
After tax
49 358
57 490
42 374
40 668
Living cost
22 791
22 791
22 791
22 791
Free-cash
26 567
34 699
19 583
17 877

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽236
₽5193
₽4210
₽324
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 476
national
-
-
-
17 056
regional
-
-
-
904
total
-
-
-
39 932
Employee
82 895
-
83 500
-
social contributions
27 952
-
28 156
-
national
14 364
-
14 518
-
regional
782
-
789
-
municipal
439
-
443
-
total
43 537
-
43 906
-
Employer
82 895
-
83 500
-
total
-
-
-
-
Corporate
605
83 500
-
-
municipal
23
3 257
-
-
nationa
145
20 040
-
-
total
168
23 297
-
-
Dividends
436
60 203
-
-
withholding
113
15 652
-
-
total
113
15 652
-
-
Income
83 500
83 500
83 500
83 500
Total tax
43 818
38 949
43 906
39 932
After tax
39 682
44 551
39 594
43 568
Living cost
39 358
39 358
39 358
39 358
Free-cash
324
5 193
236
4 210

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21777
₽31941
₽23377
₽29035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
1 689
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
15 010
pensions
-
-
-
16 700
health
-
-
-
5 930
total
-
-
-
39 541
Employee
30 845
-
68 980
-
health
788
-
1 759
-
pensions
2 057
-
4 600
-
unemployment
2 147
-
4 800
-
surtax
101
-
1 503
-
other
-
-
-
-
income
5 170
-
13 960
-
total
10 263
-
26 622
-
Employer
30 845
-
68 980
-
unemployment
977
-
2 186
-
health
1 404
-
3 138
-
pensions
4 112
-
9 195
-
other
-
-
-
-
total
6 493
-
14 519
-
Corporate
46 163
83 500
-
-
income
12 003
21 709
-
-
total
12 003
21 709
-
-
Dividends
34 160
61 791
-
-
withholding
5 124
9 268
-
-
total
5 124
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 883
30 977
41 141
39 541
After tax
49 617
52 523
42 359
43 959
Living cost
20 582
20 582
20 582
20 582
Free-cash
29 035
31 941
21 777
23 377

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9727
₽19655
₽19136
₽12264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 511
pensions
-
-
-
5 946
total
-
-
-
21 457
Employee
59 552
-
73 701
-
health
864
-
1 154
-
pensions
5 055
-
6 753
-
income
10 726
-
13 160
-
total
16 645
-
21 067
-
Employer
59 552
-
73 701
-
health
1 131
-
1 400
-
pensions
6 447
-
8 399
-
total
7 578
-
9 799
-
Corporate
16 370
83 500
-
-
income

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

3 111
15 865
-
-
total
3 111
15 865
-
-
Dividends
13 260
67 635
-
-
withholding
995
5 073
-
-
total
995
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 329
20 938
30 866
21 457
After tax
55 171
62 562
52 634
62 043
Living cost
42 907
42 907
42 907
42 907
Free-cash
12 264
19 655
9 727
19 136

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7979
-₽35589
-₽3698
-₽11056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other

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

-
-
-
1 669
national
-
-
-
373
pensions
-
-
-
7 681
regional
-
-
-
2 584
health
-
-
-
241
total
-
-
-
13 427
Employee
86 331
-
74 735
-
health
195
-
169
-
pensions
7 253
-
6 279
-
unemployment
-
-
-
-
city
927
-
803
-
national
409
-
316
-
regional
2 827
-
2 198
-
total
11 611
-
9 765
-
Employer
86 331
-
74 735
-
unemployment
-
-
-
-
health
195
-
169
-
pensions
7 253
-
6 279
-
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.

1 726
-
1 495
-
total
9 174
-
7 943
-
Corporate
-
83 500
-
-
regional
-
17 661
-
-
national
-
7 098
-
-
total
-
24 759
-
-
Dividends
-
58 742
-
-
withholding
-
20 559
-
-
total
-
20 559
-
-
Income
83 500
83 500
83 500
83 500
Total tax
20 785
45 318
17 708
13 427
After tax
62 715
38 182
65 792
70 073
Living cost
73 771
73 771
73 771
73 771
Free-cash
-11 056
-35 589
-7 979
-3 698

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17804
-₽1341
₽10920
₽13783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
866
trade
-
-
-
6 884
income

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

-
-
-
15 729
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.

-
-
-
6 372
total
-
-
-
29 851
Employee

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

56 055
-
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.

6 372
-
6 372
-
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.

363
-
866
-
income

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

6 592
-
15 729
-
total
13 327
-
22 967
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 445
83 500
-
-
chamber of commerce
181
258
-
-
trade
4 707
14 320
-
-
surtax

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

227
689
-
-
income
4 117
12 525
-
-
total
9 232
27 792
-
-
Dividends
18 214
55 709
-
-
withholding
4 199
13 573
-
-
surtax

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

230
747
-
-
total
4 429
14 320
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 988
42 112
22 967
29 851
After tax
56 512
41 388
60 533
53 649
Living cost
42 729
42 729
42 729
42 729
Free-cash
13 783
-1 341
17 804
10 920

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16263
₽10171
₽16450
₽15683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
2 590
social contributions
-
-
-
2 379
income
-
-
-
6 570
pensions
-
-
-
22 590
health
-
-
-
1 009
total
-
-
-
35 138
Employee
39 919
-
63 628
-
social contributions
1 138
-
1 814
-
pensions
4 514
-
7 195
-
surtax
-
-
-
-
income
2 356
-
6 446
-
total
8 008
-
15 455
-
Employer
39 919
-
63 628
-
unemployment
1 616
-
2 577
-
health
2 795
-
4 453
-
pensions
6 558
-
10 454
-
other
1 377
-
2 195
-
social contributions
120
-
191
-
total
12 466
-
19 870
-
Corporate
31 114
83 500
-
-
surtax
-
-
-
-
income
8 712
23 380
-
-
total
8 712
23 380
-
-
Dividends
22 402
60 120
-
-
withholding
2 867
7 696
-
-
surtax
-
-
-
-
social contributions
3 852
10 341
-
-
total
6 719
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 905
41 417
35 325
35 138
After tax
47 595
42 083
48 175
48 362
Living cost
31 912
31 912
31 912
31 912
Free-cash
15 683
10 171
16 263
16 450

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19425
₽13333
₽19612
₽18515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
2 590
social contributions
-
-
-
2 379
income
-
-
-
6 570
pensions
-
-
-
22 590
health
-
-
-
1 009
total
-
-
-
35 138
Employee
35 634
-
63 628
-
social contributions
1 016
-
1 814
-
pensions
4 030
-
7 195
-
surtax
-
-
-
-
income
1 837
-
6 446
-
total
6 883
-
15 455
-
Employer
35 634
-
63 628
-
unemployment
1 443
-
2 577
-
health
2 494
-
4 453
-
pensions
5 855
-
10 454
-
other
1 230
-
2 195
-
social contributions
106
-
191
-
total
11 128
-
19 870
-
Corporate
36 738
83 500
-
-
surtax
-
-
-
-
income
10 287
23 380
-
-
total
10 287
23 380
-
-
Dividends
26 451
60 120
-
-
withholding
3 386
7 696
-
-
surtax
-
-
-
-
social contributions
4 551
10 341
-
-
total
7 937
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 235
41 417
35 325
35 138
After tax
47 265
42 083
48 175
48 362
Living cost
28 750
28 750
28 750
28 750
Free-cash
18 515
13 333
19 425
19 612

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34497
₽31163
₽33845
₽31651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
11 523
income
-
-
-
12 525
health
-
-
-
5 829
total
-
-
-
29 877
Employee
31 625
-
83 500
-
health
2 207
-
5 829
-
social contributions
4 365
-
11 523
-
income
5 275
-
11 873
-
total
11 847
-
29 225
-
Employer
31 625
-
83 500
-
total
-
-
-
-
Corporate
51 875
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%.

2 593
4 176
-
-
total
2 593
4 176
-
-
Dividends
49 282
79 324
-
-
withholding
7 392
11 898
-
-
health
3 439
5 537
-
-
social contributions
6 800
10 948
-
-
total
17 631
28 383
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 071
32 559
29 225
29 877
After tax
51 429
50 941
54 275
53 623
Living cost
19 778
19 778
19 778
19 778
Free-cash
31 651
31 163
34 497
33 845

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5660
₽14105
₽10213
₽12663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
335
unemployment
-
-
-
5 721
income
-
-
-
12 346
pensions
-
-
-
15 447
health
-
-
-
6 388
total
-
-
-
40 421
Employee
46 614
37 171
64 693
-
health
1 804
1 439
2 503
-
pensions
4 774
3 806
6 625
-
unemployment
1 398
1 115
1 940
-
other
466
372
646
-
income
5 307
2 742
10 489
-
total
13 749
9 474
22 203
-
Employer
46 614
37 171
64 693
-
unemployment
1 398
1 115
1 940
-
payroll
1 398
1 115
1 940
-
accident
605
483
841
-
health
1 761
1 405
2 446
-
pensions
5 850
4 666
8 119
-
other
2 214
1 765
3 073
-
surtax
184
184
184
-
chamber of commerce
186
149
258
-
total
13 596
10 882
18 801
-
Corporate
23 289
35 447
61 159
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

5 822
8 863
15 290
-
total
5 822
8 863
15 290
-
Dividends
17 467
26 585
-
-
withholding
4 804
7 310
-
-
total
4 804
7 310
-
-
Income
83 500
83 500
83 500
83 500
Total tax
37 971
36 529
56 294
40 421
After tax
45 529
46 971
27 206
43 079
Living cost
32 866
32 866
32 866
32 866
Free-cash
12 663
14 105
-5 660
10 213

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽873
₽12856
₽6371
-₽2642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
12 498
communal

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

-
-
-
4 260
national
-
-
-
26 362
total
-
-
-
43 120
Employee

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

66 719
-
64 674
-
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.

3 135
-
3 039
-
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.

5 004
-
4 850
-
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.

581
-
563
-
national
20 512
-
19 712
-
communal

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

3 480
-
3 374
-
total
32 712
-
31 538
-
Employer

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

66 719
-
64 674
-
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.

974
-
943
-
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.

867
-
841
-
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.

4 103
-
3 977
-
pensions

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

5 912
-
5 730
-
surtax
7 565
-
7 335
-
total
19 421
-
18 826
-
Corporate
-
83 500
-
-
surtax
-
335
-
-
income
-
16 700
-
-
total
-
17 035
-
-
Dividends
-
66 465
-
-
withholding

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

-
19 600
-
-
total
-
19 600
-
-
Income
83 500
83 500
83 500
83 500
Total tax
52 133
36 635
50 364
43 120
After tax
31 367
46 865
33 136
40 380
Living cost
34 009
34 009
34 009
34 009
Free-cash
-2 642
12 856
-873
6 371

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽11067
₽22597
₽10477
₽15168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
83
unemployment
-
-
-
584
income
-
-
-
14 289
pensions
-
-
-
23 630
accident
-
-
-
752
total
-
-
-
39 338
Employee
46 429
-
63 315
-
pensions
2 182
-
2 975
-
unemployment
720
-
981
-
other
46
-
64
-
income
9 796
-
14 542
-
total
12 744
-
18 562
-
Employer
46 429
-
63 315
-
unemployment
2 554
-
3 482
-
accident
919
-
1 253
-
pensions
10 957
-
14 943
-
other
370
-
508
-
total
14 800
-
20 186
-
Corporate
22 272
83 500
-
-
income

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

3 340
12 525
-
-
total
3 340
12 525
-
-
Dividends
18 932
70 975
-
-
withholding
3 763
14 693
-
-
total
3 763
14 693
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 647
27 218
38 748
39 338
After tax
48 853
56 282
44 752
44 162
Living cost
33 685
33 685
33 685
33 685
Free-cash
15 168
22 597
11 067
10 477

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2224
₽695
-₽1786
-₽5200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 140
income
-
-
-
6 094
communal
-
-
-
5 276
pensions
-
-
-
12 516
accident
-
-
-
704
health
-
-
-
5 868
total
-
-
-
34 598
Employee
70 635
-
74 588
-
health
3 144
-
3 319
-
pensions
5 650
-
5 967
-
surtax
4 329
-
4 572
-
income
6 823
-
7 818
-
total
19 946
-
21 676
-
Employer
70 635
-
74 588
-
accident
635
-
671
-
health
2 154
-
2 274
-
pensions
5 650
-
5 967
-
total
8 439
-
8 912
-
Corporate
4 426
83 500
-
-
communal
-
5 636
-
-
surtax
46
876
-
-
income
664
12 525
-
-
total
710
19 037
-
-
Dividends
3 716
64 463
-
-
withholding
558
9 670
-
-
income
8 359
3 410
-
-
total
8 917
13 080
-
-
Income
83 500
83 500
83 500
83 500
Total tax
38 012
32 117
30 588
34 598
After tax
45 488
51 383
52 912
48 902
Living cost
50 688
50 688
50 688
50 688
Free-cash
-5 200
695
2 224
-1 786

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21409
₽31573
₽23009
₽28603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
1 689
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
15 010
pensions
-
-
-
16 700
health
-
-
-
5 930
total
-
-
-
39 541
Employee
31 411
-
68 980
-
health
802
-
1 759
-
pensions
2 096
-
4 600
-
unemployment
2 186
-
4 800
-
surtax
112
-
1 503
-
other
-
-
-
-
income
5 266
-
13 960
-
total
10 462
-
26 622
-
Employer
31 411
-
68 980
-
unemployment
997
-
2 186
-
health
1 428
-
3 138
-
pensions
4 188
-
9 195
-
other
-
-
-
-
total
6 613
-
14 519
-
Corporate
45 476
83 500
-
-
income
11 824
21 709
-
-
total
11 824
21 709
-
-
Dividends
33 652
61 791
-
-
withholding
5 048
9 268
-
-
total
5 048
9 268
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 947
30 977
41 141
39 541
After tax
49 553
52 523
42 359
43 959
Living cost
20 950
20 950
20 950
20 950
Free-cash
28 603
31 573
21 409
23 009

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14134
₽18762
₽18087
₽16692
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
21 476
national
-
-
-
17 056
regional
-
-
-
1 259
total
-
-
-
40 287
Employee
51 740
-
83 500
-
social contributions
17 447
-
28 156
-
national
8 197
-
14 518
-
regional
697
-
1 123
-
municipal
274
-
443
-
total
26 615
-
44 240
-
Employer
51 740
-
83 500
-
total
-
-
-
-
Corporate
31 760
83 500
-
-
municipal
1 579
4 151
-
-
nationa
7 622
20 040
-
-
total
9 201
24 191
-
-
Dividends
22 559
59 309
-
-
withholding
5 866
15 421
-
-
total
5 866
15 421
-
-
Income
83 500
83 500
83 500
83 500
Total tax
41 682
39 612
44 240
40 287
After tax
41 818
43 888
39 260
43 213
Living cost
25 126
25 126
25 126
25 126
Free-cash
16 692
18 762
14 134
18 087

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14289
₽29405
₽12583
₽19385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 382
income
-
-
-
7 177
health
-
-
-
11 273
total
-
-
-
42 832
Employee
41 301
-
62 313
-
health
5 576
-
8 412
-
social contributions
2 685
-
4 050
-
solidarity contribution
-
-
-
-
income
4 956
-
7 478
-
total
13 217
-
19 940
-
Employer
41 301
-
62 313
-
health
3 717
-
5 608
-
social contributions
10 325
-
15 578
-
total
14 042
-
21 186
-
Corporate
28 156
83 500
-
-
income
5 350
15 865
-
-
total
5 350
15 865
-
-
Dividends
22 807
67 635
-
-
withholding
3 421
10 145
-
-
total
3 421
10 145
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 030
26 010
41 126
42 832
After tax
47 470
57 490
42 374
40 668
Living cost
28 085
28 085
28 085
28 085
Free-cash
19 385
29 405
14 289
12 583

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2515
₽17313
₽13506
₽16854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
335
unemployment
-
-
-
5 721
income
-
-
-
12 346
pensions
-
-
-
15 447
health
-
-
-
6 388
total
-
-
-
40 237
Employee
40 772
37 171
64 839
-
health
1 577
1 439
2 510
-
pensions
4 176
3 806
6 639
-
unemployment
1 223
1 115
1 945
-
other
407
372
648
-
income
3 632
2 742
10 530
-
total
11 015
9 474
22 272
-
Employer
40 772
37 171
64 839
-
unemployment
1 223
1 115
1 945
-
payroll
1 223
1 115
1 945
-
accident
529
483
843
-
health
1 542
1 405
2 451
-
pensions
5 117
4 666
8 137
-
other
1 936
1 765
3 080
-
surtax
-
-
-
-
chamber of commerce
163
149
260
-
total
11 733
10 698
18 661
-
Corporate
30 994
35 631
61 298
-
income

The minimum corporate income for a GmbH is €1,1750 for a year. However, for GmbHs founded after 30 June 2013, the amount is reduced to €500 for the first five years and €1000 for the next five years.

Минимальный корпоративный налог для GmbH €1,1750 в год. Если GmbHs основана после 30 Июня 2013 эта сумма сниже до €500 в первые 5 лет и €1000 для следующих пяти лет.

7 749
8 909
15 325
-
total
7 749
8 909
15 325
-
Dividends
23 245
26 723
-
-
withholding
6 392
7 349
-
-
total
6 392
7 349
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 889
36 430
56 258
40 237
After tax
46 611
47 070
27 242
43 263
Living cost
29 757
29 757
29 757
29 757
Free-cash
16 854
17 313
-2 515
13 506

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55028
₽67553
₽70893
₽65346
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 715
-
83 500
-
income
2 943
-
16 700
-
total
2 943
-
16 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

We will register your company as part of a virtual zone. Your non-Georgian corporate tax will be zero. Turnover in Georgia will be taxed at 15%.

68 785
83 500
-
-
total
-
-
-
-
Dividends
68 785
83 500
-
-
withholding
3 439
4 175
-
-
total
3 439
4 175
-
-
Income
83 500
83 500
83 500
83 500
Total tax
6 382
4 175
16 700
835
After tax
77 118
79 325
66 800
82 665
Living cost
11 772
11 772
11 772
11 772
Free-cash
65 346
67 553
55 028
70 893

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16220
₽32471
₽18611
₽24670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
126
income
-
-
-
16 280
pensions
-
-
-
15 249
health
-
-
-
8 216
total
-
-
-
39 871
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.

41 246
-
72 250
-
health
2 664
-
4 668
-
pensions
6 393
-
11 199
-
unemployment
58
-
101
-
income
7 113
-
15 046
-
total
16 228
-
31 014
-
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.

41 246
-
72 250
-
unemployment
25
-
42
-
health
2 747
-
4 813
-
pensions
3 650
-
6 393
-
total
6 422
-
11 248
-
Corporate
35 833
83 500
-
-
income
6 808
15 865
-
-
total
6 808
15 865
-
-
Dividends
29 025
67 635
-
-
withholding
4 354
10 146
-
-
total
4 354
10 146
-
-
Income
83 500
83 500
83 500
83 500
Total tax
33 812
26 011
42 262
39 871
After tax
49 688
57 489
41 238
43 629
Living cost
25 018
25 018
25 018
25 018
Free-cash
24 670
32 471
16 220
18 611

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31293
₽10792
₽17696
-₽54755
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
9 519
income
-
-
-
16 276
total
-
-
-
25 795
Employee
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
32 699
12 198
25 795
After tax
-14 746
50 801
71 302
57 705
Living cost
40 009
40 009
40 009
40 009
Free-cash
-54 755
10 792
31 293
17 696

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13900
₽18237
₽17757
₽17299
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
29 016
income
-
-
-
7 470
total
-
-
-
36 486
Employee
42 898
-
67 474
-
social contributions
4 719
-
7 422
-
surtax
-
-
-
-
income
8 923
-
16 895
-
total
13 642
-
24 317
-
Employer
42 898
-
67 474
-
social contributions
10 188
-
16 026
-
total
10 188
-
16 026
-
Corporate
30 413
83 500
-
-
surtax
-
-
-
-
income
6 386
17 536
-
-
total
6 386
17 536
-
-
Dividends
24 027
65 964
-
-
withholding
6 728
18 470
-
-
total
6 728
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 944
36 006
40 343
36 486
After tax
46 556
47 494
43 157
47 014
Living cost
29 257
29 257
29 257
29 257
Free-cash
17 299
18 237
13 900
17 757

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3125
-₽2967
₽3312
₽3444
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
2 590
social contributions
-
-
-
2 379
income
-
-
-
6 570
pensions
-
-
-
22 590
health
-
-
-
1 009
total
-
-
-
35 138
Employee
58 419
-
63 628
-
social contributions
1 664
-
1 814
-
pensions
6 608
-
7 195
-
surtax
-
-
-
-
income
5 097
-
6 446
-
total
13 369
-
15 455
-
Employer
58 419
-
63 628
-
unemployment
2 367
-
2 577
-
health
4 089
-
4 453
-
pensions
9 599
-
10 454
-
other
2 016
-
2 195
-
social contributions
175
-
191
-
total
18 246
-
19 870
-
Corporate
6 836
83 500
-
-
surtax
-
-
-
-
income
1 913
23 380
-
-
total
1 913
23 380
-
-
Dividends
4 922
60 120
-
-
withholding
630
7 696
-
-
surtax
-
-
-
-
social contributions
848
10 341
-
-
total
1 478
18 037
-
-
Income
83 500
83 500
83 500
83 500
Total tax
35 006
41 417
35 325
35 138
After tax
48 494
42 083
48 175
48 362
Living cost
45 050
45 050
45 050
45 050
Free-cash
3 444
-2 967
3 125
3 312

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38302
₽47113
₽35960
₽43978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
1 133
social contributions
-
-
-
18 369
total
-
-
-
19 502
Employee
29 986
-
72 294
-
social contributions
1 949
-
4 699
-
income
-
-
1 255
-
total
1 949
-
5 954
-
Employer
29 986
-
72 294
-
social contributions
4 648
-
11 206
-
total
4 648
-
11 206
-
Corporate
48 866
83 500
-
-
income
4 887
8 349
-
-
total
4 887
8 349
-
-
Dividends
43 979
75 151
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
11 484
8 349
17 160
19 502
After tax
72 016
75 151
66 340
63 998
Living cost
28 038
28 038
28 038
28 038
Free-cash
43 978
47 113
38 302
35 960

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽119726
-₽119726
₽7352
-₽119726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
municipal
-
-
-
15 096
labour market
-
-
-
6 615
national
-
-
-
8 707
pensions
-
-
-
809
total
-
-
-
31 227
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
83 500
83 500
83 500
83 500
Total tax
158 305
158 305
158 305
31 227
After tax
-74 805
-74 805
-74 805
52 273
Living cost
44 921
44 921
44 921
44 921
Free-cash
-119 726
-119 726
-119 726
7 352

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21909
-₽13759
₽36859
₽3616
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
351
income
-
-
-
19 525
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
26 119
Employee
32 282
-
70 178
-
health
3 697
-
8 035
-
pensions
3 635
-
7 223
-
income
4 429
-
12 489
-
total
11 761
-
27 747
-
Employer
32 282
-
70 178
-
unemployment
791
-
1 719
-
accident
539
-
1 172
-
pensions
5 249
-
10 431
-
total
6 579
-
13 322
-
Corporate
44 638
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.

40 174
75 150
-
-
total
40 174
75 150
-
-
Dividends
4 464
8 350
-
-
withholding
848
1 587
-
-
total
848
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
59 362
76 737
41 069
26 119
After tax
24 138
6 763
42 431
57 381
Living cost
20 522
20 522
20 522
20 522
Free-cash
3 616
-13 759
21 909
36 859

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12598
₽20455
₽24578
₽17414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 868
national
-
-
-
7 347
health
-
-
-
897
total
-
-
-
23 112
Employee
49 073
-
70 244
-
health
366
-
692
-
pensions
3 312
-
4 742
-
unemployment
736
-
1 053
-
national
811
-
3 871
-
municipal
8 038
-
11 477
-
total
13 263
-
21 835
-
Employer
49 073
-
70 244
-
unemployment
319
-
457
-
accident
50
-
71
-
health
377
-
542
-
pensions
8 514
-
12 187
-
total
9 260
-
13 257
-
Corporate
25 168
83 500
-
-
income
5 034
16 700
-
-
total
5 034
16 700
-
-
Dividends

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

15 101
50 100
-
-
national
-
1 517
-
-
municipal
2 719
9 018
-
-
total
2 719
10 535
-
-
Income
83 500
83 500
83 500
83 500
Total tax
30 276
27 235
35 092
23 112
After tax
53 224
56 265
48 408
60 388
Living cost
35 810
35 810
35 810
35 810
Free-cash
17 414
20 455
12 598
24 578

Estimated living cost  is ₽35810 per week

₽23391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38890
₽39580
₽38972
₽34506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
social contributions
-
-
-
13 026
income
-
-
-
7 778
health
-
-
-
2 129
total
-
-
-
22 933
Employee
71 723
71 723
75 806
-
health
556
1 220
1 289
-
social contributions
2 712
5 953
6 292
-
income
7 809
6 639
7 740
-
total
11 077
13 812
15 321
-
Employer
71 723
71 723
75 806
-
health
604
1 328
1 402
-
social contributions
2 712
5 953
6 292
-
total
3 316
7 281
7 694
-
Corporate
47 513
4 497
-
-
income
5 938
563
-
-
total
5 938
563
-
-
Dividends
41 574
3 934
-
-
withholding
7 068
669
-
-
total
7 068
669
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 399
22 325
23 015
22 933
After tax
56 101
61 175
60 485
60 567
Living cost
21 595
21 595
21 595
21 595
Free-cash
34 506
39 580
38 890
38 972

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36727
₽54336
₽51527
₽49592
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
7 829
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
17 164
Employee

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

21 409
-
75 703
-
health
1 820
-
6 434
-
pensions
3 211
-
11 355
-
unemployment
106
-
379
-
income
1 464
-
5 999
-
total
6 601
-
24 167
-
Employer

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

21 409
-
75 703
-
unemployment
106
-
379
-
health
920
-
3 255
-
pensions
1 177
-
4 163
-
total
2 203
-
7 797
-
Corporate
59 887
83 500
-
-
income
5 390
7 516
-
-
total
5 390
7 516
-
-
Dividends
54 497
75 984
-
-
withholding
4 905
6 839
-
-
total
4 905
6 839
-
-
Income
83 500
83 500
83 500
83 500
Total tax
19 099
14 355
31 964
17 164
After tax
64 401
69 145
51 536
66 336
Living cost
14 809
14 809
14 809
14 809
Free-cash
49 592
54 336
36 727
51 527

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19103
₽30633
₽18513
₽25740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
83
unemployment
-
-
-
584
income
-
-
-
14 289
pensions
-
-
-
23 630
accident
-
-
-
752
total
-
-
-
39 338
Employee
34 489
-
63 315
-
pensions
1 621
-
2 975
-
unemployment
535
-
981
-
other
34
-
64
-
income
6 649
-
14 542
-
total
8 839
-
18 562
-
Employer
34 489
-
63 315
-
unemployment
1 897
-
3 482
-
accident
683
-
1 253
-
pensions
8 139
-
14 943
-
other
276
-
508
-
total
10 995
-
20 186
-
Corporate
38 016
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.

5 703
12 525
-
-
total
5 703
12 525
-
-
Dividends
32 313
70 975
-
-
withholding
6 574
14 693
-
-
total
6 574
14 693
-
-
Income
83 500
83 500
83 500
83 500
Total tax
32 111
27 218
38 748
39 338
After tax
51 389
56 282
44 752
44 162
Living cost
25 649
25 649
25 649
25 649
Free-cash
25 740
30 633
19 103
18 513

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51126
₽50205
₽51261
₽49893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 951
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
30 340
Employee
2 893
-
81 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
27 878
-
total
994
-
28 916
-
Employer
2 893
-
81 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
79 956
83 500
-
-
income
17 590
18 370
-
-
total
17 590
18 370
-
-
Dividends
62 366
65 130
-
-
withholding
12 473
13 026
-
-
total
12 473
13 026
-
-
Income
83 500
83 500
83 500
83 500
Total tax
31 708
31 396
30 475
30 340
After tax
51 792
52 104
53 025
53 160
Living cost
1 899
1 899
1 899
1 899
Free-cash
49 893
50 205
51 126
51 261

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26857
₽44196
₽26858
₽39607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 034
income
-
-
-
14 449
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
40 509
Employee

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

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

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

24 328
-
71 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
14 449
-
total
8 194
-
28 169
-
Employer

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

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

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

24 328
-
71 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
54 817
83 500
-
-
income
8 223
12 525
-
-
total
8 223
12 525
-
-
Dividends
46 595
70 975
-
-
withholding
6 989
10 646
-
-
total
6 989
10 646
-
-
Income
83 500
83 500
83 500
83 500
Total tax
27 760
23 171
40 510
40 509
After tax
55 740
60 329
42 990
42 991
Living cost
16 133
16 133
16 133
16 133
Free-cash
39 607
44 196
26 857
26 858

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18011
₽22348
₽21868
₽22012
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
29 016
income
-
-
-
7 470
total
-
-
-
36 486
Employee
36 201
-
67 474
-
social contributions
3 983
-
7 422
-
surtax
-
-
-
-
income
7 074
-
16 895
-
total
11 057
-
24 317
-
Employer
36 201
-
67 474
-
social contributions
8 597
-
16 026
-
total
8 597
-
16 026
-
Corporate
38 702
83 500
-
-
surtax
-
-
-
-
income
8 128
17 536
-
-
total
8 128
17 536
-
-
Dividends
30 574
65 964
-
-
withholding
8 560
18 470
-
-
total
8 560
18 470
-
-
Income
83 500
83 500
83 500
83 500
Total tax
36 342
36 006
40 343
36 486
After tax
47 158
47 494
43 157
47 014
Living cost
25 146
25 146
25 146
25 146
Free-cash
22 012
22 348
18 011
21 868

Estimated living cost  is ₽25146 per week

₽17810
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.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11972
₽23502
₽11382
₽16390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
83
unemployment
-
-
-
584
income
-
-
-
14 289
pensions
-
-
-
23 630
accident
-
-
-
752
total
-
-
-
39 338
Employee
45 047
-
63 315
-
pensions
2 117
-
2 975
-
unemployment
697
-
981
-
other
44
-
64
-
income
9 409
-
14 542
-
total
12 267
-
18 562
-
Employer
45 047
-
63 315
-
unemployment
2 478
-
3 482
-
accident
892
-
1 253
-
pensions
10 631
-
14 943
-
other
361
-
508
-
total
14 362
-
20 186
-
Corporate
24 091
83 500
-
-
income

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

3 614
12 525
-
-
total
3 614
12 525
-
-
Dividends
20 477
70 975
-
-
withholding
4 087
14 693
-
-
total
4 087
14 693
-
-
Income
83 500
83 500
83 500
83 500
Total tax
34 330
27 218
38 748
39 338
After tax
49 170
56 282
44 752
44 162
Living cost
32 780
32 780
32 780
32 780
Free-cash
16 390
23 502
11 972
11 382

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48622
₽55341
₽46221
₽49653
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
12 525
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
21 227
Employee
21 255
-
77 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
7 710
-
total
5 204
-
12 430
-
Employer
21 255
-
77 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
58 075
83 500
-
-
income
5 807
8 350
-
-
total
5 807
8 350
-
-
Dividends
52 267
75 150
-
-
withholding
2 613
3 757
-
-
total
2 613
3 757
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 795
12 107
18 826
21 227
After tax
65 705
71 393
64 674
62 273
Living cost
16 052
16 052
16 052
16 052
Free-cash
49 653
55 341
48 622
46 221

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24523
₽7095
₽18763
₽19298
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
866
trade
-
-
-
5 760
income

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

-
-
-
15 729
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.

-
-
-
6 372
total
-
-
-
28 727
Employee

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

46 409
-
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.

6 372
-
6 372
-
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.

211
-
866
-
income

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

3 816
-
15 729
-
total
10 399
-
22 967
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 091
83 500
-
-
chamber of commerce
196
264
-
-
trade
5 322
11 983
-
-
surtax

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

306
689
-
-
income
5 563
12 525
-
-
total
11 387
25 461
-
-
Dividends
25 702
58 040
-
-
withholding
6 071
14 155
-
-
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.

335
779
-
-
total
6 406
14 934
-
-
Income
83 500
83 500
83 500
83 500
Total tax
28 192
40 395
22 967
28 727
After tax
55 308
43 105
60 533
54 773
Living cost
36 010
36 010
36 010
36 010
Free-cash
19 298
7 095
24 523
18 763

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5163
₽5318
₽5163
₽7379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
income
-
-
-
17 984
social contributions
-
-
-
7 221
total
-
-
-
25 205
Employee
72 960
-
83 500
-
social contributions
6 061
-
7 221
-
income
13 767
-
17 984
-
total
19 828
-
25 205
-
Employer
72 960
-
83 500
-
total
-
-
-
-
Corporate
10 540
83 500
-
-
income
1 317
10 438
-
-
total
1 317
10 438
-
-
Dividends
9 223
73 062
-
-
withholding
1 844
14 612
-
-
total
1 844
14 612
-
-
Income
83 500
83 500
83 500
83 500
Total tax
22 989
25 050
25 205
25 205
After tax
60 511
58 450
58 295
58 295
Living cost
53 132
53 132
53 132
53 132
Free-cash
7 379
5 318
5 163
5 163

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
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.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27312
₽15489
₽17410
₽20124
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
79 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
13 748
-
total
8 930
-
18 039
-
Employer
42 788
-
79 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
36 425
83 500
-
-
income
12 750
29 225
-
-
total
12 750
29 225
-
-
Dividends
23 675
54 275
-
-
social contributions
3 551
4 928
-
-
total
3 551
4 928
-
-
Income
83 500
83 500
83 500
83 500
Total tax
29 518
34 153
22 330
32 232
After tax
53 982
49 347
61 170
51 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
20 124
15 489
27 312
17 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17752
₽27680
₽27161
₽22384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 511
pensions
-
-
-
5 946
total
-
-
-
21 457
Employee
47 881
-
73 701
-
health
625
-
1 154
-
pensions
3 654
-
6 753
-
income
8 719
-
13 160
-
total
12 998
-
21 067
-
Employer
47 881
-
73 701
-
health
910
-
1 400
-
pensions
4 837
-
8 399
-
total
5 747
-
9 799
-
Corporate
29 872
83 500
-
-
income

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

5 675
15 865
-
-
total
5 675
15 865
-
-
Dividends
24 197
67 635
-
-
withholding
1 814
5 073
-
-
total
1 814
5 073
-
-
Income
83 500
83 500
83 500
83 500
Total tax
26 234
20 938
30 866
21 457
After tax
57 266
62 562
52 634
62 043
Living cost
34 882
34 882
34 882
34 882
Free-cash
22 384
27 680
17 752
27 161

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
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.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19877
-₽15791
₽34827
₽3305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
83 500
other
-
-
-
351
income
-
-
-
19 525
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
26 119
Employee
35 478
-
70 178
-
health
4 062
-
8 035
-
pensions
3 995
-
7 223
-
income
4 867
-
12 489
-
total
12 924
-
27 747
-
Employer
35 478
-
70 178
-
unemployment
869
-
1 719
-
accident
592
-
1 172
-
pensions
5 768
-
10 431
-
total
7 229
-
13 322
-
Corporate
40 792
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.

36 713
75 150
-
-
total
36 713
75 150
-
-
Dividends
4 079
8 350
-
-
withholding
775
1 587
-
-
total
775
1 587
-
-
Income
83 500
83 500
83 500
83 500
Total tax
57 641
76 737
41 069
26 119
After tax
25 859
6 763
42 431
57 381
Living cost
22 554
22 554
22 554
22 554
Free-cash
3 305
-15 791
19 877
34 827

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽37826
₽58368
₽35387
₽53829
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 002
health insurance
-
-
-
6 179
income
-
-
-
12 543
pensions
-
-
-
15 364
work injury
-
-
-
418
total
-
-
-
35 506
Employee

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

20 172
-
83 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
12 543
-
total
7 565
-
33 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 328
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
63 328
83 500
-
-
withholding
9 499
12 525
-
-
total
9 499
12 525
-
-
Income
83 500
83 500
83 500
83 500
Total tax
17 064
12 525
33 067
35 506
After tax
66 436
70 975
50 433
47 994
Living cost
12 607
12 607
12 607
12 607
Free-cash
53 829
58 368
37 826
35 387

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1857
₽6825
₽5674
₽2581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
558
social contributions
-
-
-
21 476
national
-
-
-
17 056
regional
-
-
-
1 578
total
-
-
-
40 668
Employee
78 598
-
83 500
-
social contributions
26 503
-
28 156
-
national
13 282
-
14 518
-
regional
1 187
-
1 314
-
municipal
469
-
497
-
total
41 441
-
44 485
-
Employer
78 598
-
83 500
-
total
-
-
-
-
Corporate
4 902
83 500
-
-
municipal
235
4 025
-
-
nationa
1 177
20 040
-
-
total
1 412
24 065
-
-
Dividends
3 490
59 435
-
-
withholding
908
15 452
-
-
total
908
15 452
-
-
Income
83 500
83 500
83 500
83 500
Total tax
43 761
39 517
44 485
40 668
After tax
39 739
43 983
39 015
42 832
Living cost
37 158
37 158
37 158
37 158
Free-cash
2 581
6 825
1 857
5 674

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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