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
₽ 84500
per

Your estimated
City
free-cash

Dresden , Germany
₽12208
₽23369
₽25386
₽31305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
trade
-
-
-
5 919
income

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

-
-
-
14 916
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.

-
-
-
6 894
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.

-
-
-
820
total
-
-
-
28 549
Employee

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

38 597
-
84 500
-
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.

6 894
-
6 894
-
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.

59
-
820
-
income

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

1 078
-
14 916
-
total
8 031
-
22 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 903
84 500
-
-
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.

379
697
-
-
income
6 886
12 675
-
-
trade
7 229
13 309
-
-
chamber of commerce
218
274
-
-
total
14 712
26 955
-
-
Dividends
31 190
57 545
-
-
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.

408
770
-
-
withholding
7 415
14 002
-
-
total
7 823
14 772
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 566
41 727
22 630
28 549
After tax
53 934
42 773
61 870
55 951
Living cost
30 565
30 565
30 565
30 565
Free-cash
23 369
12 208
31 305
25 386

Estimated living cost  is ₽30565 per week

₽19226
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1738
-₽1718
₽534
₽1197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
8 601
pensions
-
-
-
10 140
national
-
-
-
13 327
social contributions
-
-
-
908
total
-
-
-
32 976
Employee
79 044
-
73 049
-
municipal
9 763
-
8 928
-
pensions
3 162
-
2 922
-
national
15 129
-
13 834
-
total
28 054
-
25 684
-
Employer
79 044
-
73 049
-
social contributions
850
-
785
-
pensions
6 324
-
5 844
-
total
7 174
-
6 629
-
Corporate
-
84 500
-
-
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%.

-
16 900
-
-
total
-
16 900
-
-
Dividends
-
67 600
-
-
withholding
-
14 872
-
-
total
-
14 872
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 228
31 772
32 313
32 976
After tax
49 272
52 728
52 187
51 524
Living cost
50 990
50 990
50 990
50 990
Free-cash
-1 718
1 738
1 197
534

Estimated living cost  is ₽50990 per week

₽34657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46606
₽38327
₽24303
₽26821
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
microenterprise
-
-
-
-
income
-
-
-
12 037
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.

-
-
-
27 166
total
-
-
-
39 203
Employee
29 487
-
68 096
-
social contributions

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

3 244
-
7 491
-
surtax
-
-
-
-
income
5 249
-
12 790
-
total
8 493
-
20 281
-
Employer
29 487
-
68 096
-
social contributions

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

7 103
-
16 404
-
surtax
-
-
-
-
total
7 103
-
16 404
-
Corporate
47 910
84 500
-
-
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%.

9 583
16 900
-
-
total
9 583
16 900
-
-
Dividends

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

38 328
67 600
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
25 179
16 900
36 685
39 203
After tax
59 321
67 600
47 815
45 297
Living cost
20 994
20 994
20 994
20 994
Free-cash
38 327
46 606
26 821
24 303

Estimated living cost  is ₽20994 per week

₽13393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10042
-₽15706
₽5781
-₽15706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
13 468
pensions
-
-
-
11 823
health
-
-
-
11 155
total
-
-
-
36 446
Employee
86 174
86 174
86 174
-
health
13 227
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
15 511
11 823
15 511
-
total
42 843
37 179
42 843
-
Employer
86 174
86 174
86 174
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
57 933
52 269
57 933
36 446
After tax
26 567
32 231
26 567
48 054
Living cost
42 273
42 273
42 273
42 273
Free-cash
-15 706
-10 042
-15 706
5 781

Estimated living cost  is ₽42273 per week

₽29958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7148
₽6272
₽3133
₽6135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
17 898
accident
-
-
-
169
pensions
-
-
-
9 134
other
-
-
-
9 819
unemployment
-
-
-
85
health
-
-
-
5 273
national
-
-
-
-
total
-
-
-
42 378
Employee
55 556
-
64 298
-
municipal
16 567
-
19 174
-
national
-
-
-
-
total
16 567
-
19 174
-
Employer
55 556
-
64 298
-
accident
111
-
129
-
other
6 456
-
7 471
-
unemployment
1 467
-
1 697
-
pensions
6 006
-
6 951
-
health
3 417
-
3 954
-
total
17 457
-
20 202
-
Corporate
11 488
84 500
-
-
income
2 527
18 590
-
-
total
2 527
18 590
-
-
Dividends
8 961
65 910
-
-
withholding
2 688
19 773
-
-
total
2 688
19 773
-
-
Income
84 500
84 500
84 500
84 500
Total tax
39 239
38 363
39 376
42 378
After tax
45 261
46 137
45 124
42 122
Living cost
38 989
38 989
38 989
38 989
Free-cash
6 272
7 148
6 135
3 133

Estimated living cost  is ₽38989 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2694
₽16872
₽16046
₽22228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
trade
-
-
-
6 182
income

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

-
-
-
14 916
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.

-
-
-
6 894
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.

-
-
-
820
total
-
-
-
28 812
Employee

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

51 174
-
84 500
-
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.

6 894
-
6 894
-
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.

241
-
820
-
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.

4 397
-
14 916
-
total
11 532
-
22 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 326
84 500
-
-
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.

276
697
-
-
income
4 998
12 675
-
-
trade
5 483
13 901
-
-
chamber of commerce
201
274
-
-
total
10 958
27 547
-
-
Dividends
22 368
56 953
-
-
surtax

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

287
762
-
-
withholding
5 209
13 855
-
-
total
5 496
14 617
-
-
Income
84 500
84 500
84 500
84 500
Total tax
27 986
42 164
22 630
28 812
After tax
56 514
42 336
61 870
55 688
Living cost
39 642
39 642
39 642
39 642
Free-cash
16 872
2 694
22 228
16 046

Estimated living cost  is ₽39642 per week

₽26513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4180
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28951
₽25031
₽29347
₽29104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
7 085
health
-
-
-
2 154
social contributions
-
-
-
13 183
total
-
-
-
22 422
Employee
77 596
77 596
77 596
-
social contributions
3 771
6 440
6 367
-
health
772
1 319
1 304
-
income
8 148
7 183
7 208
-
total
12 691
14 942
14 879
-
Employer
77 596
77 596
77 596
-
social contributions
3 771
6 440
6 367
-
health
841
1 436
1 419
-
total
4 612
7 876
7 786
-
Corporate
34 467
-
-
-
income
4 309
-
-
-
total
4 309
-
-
-
Dividends
30 159
-
-
-
withholding
5 126
-
-
-
total
5 126
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
26 738
22 818
22 665
22 422
After tax
57 762
61 682
61 835
62 078
Living cost
32 731
32 731
32 731
32 731
Free-cash
25 031
28 951
29 104
29 347

Estimated living cost  is ₽32731 per week

₽22375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29328
₽29708
₽40202
₽30650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
10 330
pensions
-
-
-
8 450
unemployment
-
-
-
1 268
health
-
-
-
5 915
total
-
-
-
25 963
Employee

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
70 711
-
health
1 853
737
4 950
-
income
3 236
1 288
8 644
-
pensions
2 647
1 053
7 071
-
unemployment
397
158
1 061
-
total
8 133
3 236
21 726
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 467
10 533
70 711
-
pensions
5 161
2 054
13 789
-
total
5 161
2 054
13 789
-
Corporate
52 872
71 913
-
-
income
4 759
6 472
-
-
total
4 759
6 472
-
-
Dividends
48 114
65 441
-
-
social contributions
9 262
12 641
-
-
withholding
9 142
12 434
-
-
total
18 404
25 075
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 457
36 837
35 515
25 963
After tax
48 043
47 663
48 985
58 537
Living cost
18 335
18 335
18 335
18 335
Free-cash
29 708
29 328
30 650
40 202

Estimated living cost  is ₽18335 per week

₽12512
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43226
₽36955
₽20919
₽24329
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
11 323
pensions
-
-
-
16 900
health
-
-
-
10 984
total
-
-
-
39 207
Employee
28 627
-
63 154
-
income
3 223
-
12 175
-
pensions
573
-
1 264
-
unemployment
458
-
1 011
-
total
4 254
-
14 450
-
Employer
28 627
-
63 154
-
unemployment
230
-
506
-
pensions
5 726
-
12 631
-
health
3 721
-
8 210
-
total
9 677
-
21 347
-
Corporate
46 197
84 500
-
-
income
9 240
16 900
-
-
total
9 240
16 900
-
-
Dividends
36 957
67 600
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
23 171
16 900
35 797
39 207
After tax
61 329
67 600
48 703
45 293
Living cost
24 374
24 374
24 374
24 374
Free-cash
36 955
43 226
24 329
20 919

Estimated living cost  is ₽24374 per week

₽16718
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15227
₽3459
₽36026
₽20588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
253
income
-
-
-
19 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
26 403
Employee
34 719
-
70 541
-
health
3 975
-
8 077
-
income
4 763
-
12 151
-
pensions
3 909
-
7 654
-
total
12 647
-
27 882
-
Employer
34 719
-
70 541
-
accident
580
-
1 178
-
unemployment
851
-
1 728
-
pensions
5 646
-
11 053
-
total
7 077
-
13 959
-
Corporate
42 706
84 500
-
-
income

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

38 435
76 050
-
-
total
38 435
76 050
-
-
Dividends
4 271
8 450
-
-
withholding
811
1 606
-
-
total
811
1 606
-
-
Income
84 500
84 500
84 500
84 500
Total tax
58 970
77 656
41 841
26 403
After tax
25 530
6 844
42 659
58 097
Living cost
22 071
22 071
22 071
22 071
Free-cash
3 459
-15 227
20 588
36 026

Estimated living cost  is ₽22071 per week

₽16176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71196
₽69495
₽74576
₽58521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
84 500
microenterprise

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

-
-
-
845
total
-
-
-
845
Employee
11 349
-
84 500
-
income
2 269
-
16 900
-
total
2 269
-
16 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

73 151
84 500
-
-
total
-
-
-
-
Dividends
73 151
84 500
-
-
withholding
3 657
4 225
-
-
total
3 657
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
5 926
4 225
16 900
845
After tax
78 574
80 275
67 600
83 655
Living cost
9 079
9 079
9 079
9 079
Free-cash
69 495
71 196
58 521
74 576

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35194
₽28379
₽18864
₽22646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
10 732
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.

-
-
-
20 282
other
-
-
-
4 014
health
-
-
-
3 719
total
-
-
-
38 747
Employee
36 640
-
67 495
-
health
513
-
944
-
income
6 308
-
11 618
-
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.

2 564
-
4 724
-
unemployment
366
-
674
-
total
9 751
-
17 960
-
Employer
36 640
-
67 495
-
accident
293
-
540
-
other
1 833
-
3 374
-
unemployment
366
-
674
-
pensions

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

6 229
-
11 473
-
health
513
-
944
-
total
9 234
-
17 005
-
Corporate
38 626
84 500
-
-
income
8 112
17 744
-
-
total
8 112
17 744
-
-
Dividends
30 514
66 756
-
-
withholding
2 135
4 673
-
-
total
2 135
4 673
-
-
Income
84 500
84 500
84 500
84 500
Total tax
29 232
22 417
34 965
38 747
After tax
55 268
62 083
49 535
45 753
Living cost
26 889
26 889
26 889
26 889
Free-cash
28 379
35 194
22 646
18 864

Estimated living cost  is ₽26889 per week

₽18999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4410
-₽24450
-₽4854
-₽14257
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
15 718
pensions
-
-
-
5 914
total
-
-
-
21 632
Employee
95 816
-
74 685
-
health
1 579
-
1 146
-
income
17 272
-
13 367
-
pensions
9 244
-
6 708
-
total
28 095
-
21 221
-
Employer
95 816
-
74 685
-
pensions
11 313
-
8 396
-
health
1 820
-
1 418
-
total
13 133
-
9 814
-
Corporate
-
84 500
-
-
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.

-
16 054
-
-
total
-
16 054
-
-
Dividends
-
68 446
-
-
withholding
-
5 134
-
-
total
-
5 134
-
-
Income
84 500
84 500
84 500
84 500
Total tax
41 228
21 188
31 035
21 632
After tax
43 272
63 312
53 465
62 868
Living cost
67 722
67 722
67 722
67 722
Free-cash
-24 450
-4 410
-14 257
-4 854

Estimated living cost  is ₽67722 per week

₽50745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59009
₽54318
₽49169
₽51475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
12 675
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 092
Employee
17 531
-
77 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 758
-
pensions

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

1 539
-
3 097
-
total
4 291
-
12 865
-
Employer
17 531
-
77 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
63 529
84 500
-
-
income
6 353
8 450
-
-
total
6 353
8 450
-
-
Dividends
57 176
76 050
-
-
withholding
2 859
3 802
-
-
total
2 859
3 802
-
-
Income
84 500
84 500
84 500
84 500
Total tax
16 943
12 252
19 786
22 092
After tax
67 557
72 248
64 714
62 408
Living cost
13 239
13 239
13 239
13 239
Free-cash
54 318
59 009
51 475
49 169

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23726
-₽25437
-₽7903
-₽29390
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
13 468
pensions
-
-
-
11 823
health
-
-
-
11 155
total
-
-
-
36 446
Employee
93 558
86 174
86 174
-
health
11 672
11 251
13 227
-
income

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

14 105
14 105
14 105
-
pensions
11 823
11 823
15 511
-
total
37 600
37 179
42 843
-
Employer
93 558
86 174
86 174
-
unemployment
3 368
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 501
5 990
5 990
-
total
16 380
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
53 980
52 269
57 933
36 446
After tax
30 520
32 231
26 567
48 054
Living cost
55 957
55 957
55 957
55 957
Free-cash
-25 437
-23 726
-29 390
-7 903

Estimated living cost  is ₽55957 per week

₽41278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34011
₽25389
₽16988
₽18714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
7 263
health
-
-
-
11 408
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 674
total
-
-
-
43 345
Employee
35 540
-
63 060
-
social contributions
2 310
-
4 099
-
health
4 798
-
8 513
-
solidarity contribution
-
-
-
-
income
4 265
-
7 567
-
total
11 373
-
20 179
-
Employer
35 540
-
63 060
-
social contributions
8 885
-
15 765
-
health
3 199
-
5 675
-
total
12 084
-
21 440
-
Corporate
36 877
84 500
-
-
income
7 007
16 055
-
-
total
7 007
16 055
-
-
Dividends
29 870
68 445
-
-
withholding
4 480
10 267
-
-
total
4 480
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 944
26 322
41 619
43 345
After tax
49 556
58 178
42 881
41 155
Living cost
24 167
24 167
24 167
24 167
Free-cash
25 389
34 011
18 714
16 988

Estimated living cost  is ₽24167 per week

₽16787
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2502
-₽5183
₽1976
-₽2045
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
502
regional
-
-
-
904
national
-
-
-
16 804
social contributions
-
-
-
21 733
total
-
-
-
39 943
Employee
89 684
-
84 500
-
social contributions
30 241
-
28 493
-
regional
846
-
787
-
municipal
475
-
448
-
national
15 540
-
14 236
-
total
47 102
-
43 964
-
Employer
89 684
-
84 500
-
total
-
-
-
-
Corporate
-
84 500
-
-
nationa
-
20 280
-
-
municipal
-
3 296
-
-
total
-
23 576
-
-
Dividends
-
60 925
-
-
withholding
-
15 841
-
-
total
-
15 841
-
-
Income
84 500
84 500
84 500
84 500
Total tax
47 102
39 417
43 964
39 943
After tax
37 398
45 083
40 536
44 557
Living cost
42 581
42 581
42 581
42 581
Free-cash
-5 183
2 502
-2 045
1 976

Estimated living cost  is ₽42581 per week

₽29682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30881
₽27740
₽22888
₽21275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
14 665
pensions
-
-
-
16 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 000
surtax
-
-
-
1 549
total
-
-
-
39 344
Employee
33 371
-
69 806
-
other
-
-
-
-
health
852
-
1 781
-
surtax
109
-
1 363
-
income
5 594
-
13 606
-
pensions
2 225
-
4 655
-
unemployment
2 323
-
4 858
-
total
11 103
-
26 263
-
Employer
33 371
-
69 806
-
other
-
-
-
-
unemployment
1 057
-
2 214
-
pensions
4 449
-
9 305
-
health
1 519
-
3 175
-
total
7 025
-
14 694
-
Corporate
44 105
84 500
-
-
income
11 467
21 971
-
-
total
11 467
21 971
-
-
Dividends
32 638
62 529
-
-
withholding
4 897
9 380
-
-
total
4 897
9 380
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 492
31 351
40 957
39 344
After tax
50 008
53 149
43 543
45 156
Living cost
22 268
22 268
22 268
22 268
Free-cash
27 740
30 881
21 275
22 888

Estimated living cost  is ₽22268 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17046
₽9079
₽16602
₽7199
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
15 718
pensions
-
-
-
5 914
total
-
-
-
21 632
Employee
64 213
-
74 685
-
health
932
-
1 146
-
income
11 565
-
13 367
-
pensions
5 450
-
6 708
-
total
17 947
-
21 221
-
Employer
64 213
-
74 685
-
pensions
6 951
-
8 396
-
health
1 220
-
1 418
-
total
8 171
-
9 814
-
Corporate
12 116
84 500
-
-
income

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

2 301
16 054
-
-
total
2 301
16 054
-
-
Dividends
9 814
68 446
-
-
withholding
736
5 134
-
-
total
736
5 134
-
-
Income
84 500
84 500
84 500
84 500
Total tax
29 155
21 188
31 035
21 632
After tax
55 345
63 312
53 465
62 868
Living cost
46 266
46 266
46 266
46 266
Free-cash
9 079
17 046
7 199
16 602

Estimated living cost  is ₽46266 per week

₽34662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37627
-₽13253
-₽5316
-₽9634
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
city
-
-
-
889
pensions
-
-
-
7 774
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.

-
-
-
1 690
regional
-
-
-
2 576
health
-
-
-
249
national
-
-
-
372
total
-
-
-
13 550
Employee
89 251
-
75 633
-
city
958
-
813
-
regional
2 923
-
2 184
-
health
202
-
170
-
pensions
7 498
-
6 352
-
unemployment
-
-
-
-
national
422
-
315
-
total
12 003
-
9 834
-
Employer
89 251
-
75 633
-
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.

1 784
-
1 512
-
unemployment
-
-
-
-
pensions
7 498
-
6 352
-
health
202
-
170
-
total
9 484
-
8 034
-
Corporate
-
84 500
-
-
regional
-
17 872
-
-
national
-
7 183
-
-
total
-
25 055
-
-
Dividends
-
59 445
-
-
withholding
-
20 806
-
-
total
-
20 806
-
-
Income
84 500
84 500
84 500
84 500
Total tax
21 487
45 861
17 868
13 550
After tax
63 013
38 639
66 632
70 950
Living cost
76 266
76 266
76 266
76 266
Free-cash
-13 253
-37 627
-9 634
-5 316

Estimated living cost  is ₽76266 per week

₽49595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6844
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4327
₽12039
₽9196
₽15642
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
trade
-
-
-
6 446
income

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

-
-
-
14 916
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.

-
-
-
6 894
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.

-
-
-
820
total
-
-
-
29 076
Employee

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

60 646
-
84 500
-
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.

6 894
-
6 894
-
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.

393
-
820
-
income

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

7 131
-
14 916
-
total
14 418
-
22 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 854
84 500
-
-
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.

197
697
-
-
income
3 577
12 675
-
-
trade
4 090
14 493
-
-
chamber of commerce
188
272
-
-
total
8 052
28 137
-
-
Dividends
15 801
56 363
-
-
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.

195
755
-
-
withholding
3 568
13 707
-
-
total
3 763
14 462
-
-
Income
84 500
84 500
84 500
84 500
Total tax
26 233
42 599
22 630
29 076
After tax
58 267
41 901
61 870
55 424
Living cost
46 228
46 228
46 228
46 228
Free-cash
12 039
-4 327
15 642
9 196

Estimated living cost  is ₽46228 per week

₽33763
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.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8062
₽14026
₽14555
₽14926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
5 706
pensions
-
-
-
23 957
other
-
-
-
2 620
health
-
-
-
730
surtax
-
-
-
-
social contributions
-
-
-
2 407
total
-
-
-
35 420
Employee
43 189
-
64 389
-
social contributions
1 231
-
1 835
-
surtax
-
-
-
-
income
2 549
-
5 823
-
pensions
4 883
-
7 281
-
total
8 663
-
14 939
-
Employer
43 189
-
64 389
-
other
1 490
-
2 221
-
social contributions
130
-
193
-
unemployment
1 748
-
2 608
-
pensions
7 095
-
10 580
-
health
3 024
-
4 508
-
total
13 487
-
20 110
-
Corporate
27 824
84 500
-
-
surtax
-
-
-
-
income
7 790
23 660
-
-
total
7 790
23 660
-
-
Dividends
20 034
60 840
-
-
surtax
-
-
-
-
social contributions
3 445
10 465
-
-
withholding
2 564
7 788
-
-
total
6 009
18 253
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 949
41 913
35 049
35 420
After tax
48 551
42 587
49 451
49 080
Living cost
34 525
34 525
34 525
34 525
Free-cash
14 026
8 062
14 926
14 555

Estimated living cost  is ₽34525 per week

₽21770
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11482
₽17088
₽17975
₽18346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
5 706
pensions
-
-
-
23 957
other
-
-
-
2 620
health
-
-
-
730
surtax
-
-
-
-
social contributions
-
-
-
2 407
total
-
-
-
35 420
Employee
38 552
-
64 389
-
social contributions
1 099
-
1 835
-
surtax
-
-
-
-
income
1 988
-
5 823
-
pensions
4 360
-
7 281
-
total
7 447
-
14 939
-
Employer
38 552
-
64 389
-
other
1 331
-
2 221
-
social contributions
115
-
193
-
unemployment
1 561
-
2 608
-
pensions
6 335
-
10 580
-
health
2 698
-
4 508
-
total
12 040
-
20 110
-
Corporate
33 909
84 500
-
-
surtax
-
-
-
-
income
9 495
23 660
-
-
total
9 495
23 660
-
-
Dividends
24 414
60 840
-
-
surtax
-
-
-
-
social contributions
4 200
10 465
-
-
withholding
3 125
7 788
-
-
total
7 325
18 253
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 307
41 913
35 049
35 420
After tax
48 193
42 587
49 451
49 080
Living cost
31 105
31 105
31 105
31 105
Free-cash
17 088
11 482
18 346
17 975

Estimated living cost  is ₽31105 per week

₽18039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30156
₽30678
₽32869
₽33866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
12 675
health
-
-
-
5 898
social contributions
-
-
-
11 660
total
-
-
-
30 233
Employee
34 215
-
84 500
-
social contributions
4 722
-
11 660
-
health
2 388
-
5 898
-
income
5 707
-
11 678
-
total
12 817
-
29 236
-
Employer
34 215
-
84 500
-
total
-
-
-
-
Corporate
50 285
84 500
-
-
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%.

2 514
4 224
-
-
total
2 514
4 224
-
-
Dividends
47 771
80 276
-
-
health
3 334
5 603
-
-
social contributions
6 593
11 078
-
-
withholding
7 166
12 041
-
-
total
17 093
28 722
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 424
32 946
29 236
30 233
After tax
52 076
51 554
55 264
54 267
Living cost
21 398
21 398
21 398
21 398
Free-cash
30 678
30 156
33 866
32 869

Estimated living cost  is ₽21398 per week

₽14320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12090
₽10526
₽9158
-₽7403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
chamber of commerce
-
-
-
339
income
-
-
-
10 961
pensions
-
-
-
15 632
unemployment
-
-
-
6 189
health
-
-
-
6 465
surtax
-
-
-
199
total
-
-
-
39 785
Employee
50 431
40 215
65 459
-
other
504
402
655
-
health
1 951
1 557
2 534
-
income
5 741
2 966
10 048
-
pensions
5 165
4 117
6 702
-
unemployment
1 513
1 206
1 963
-
total
14 874
10 248
21 902
-
Employer
50 431
40 215
65 459
-
accident
655
523
850
-
other
2 396
1 909
3 110
-
chamber of commerce
201
161
262
-
unemployment
1 513
1 206
1 963
-
surtax
199
199
199
-
pensions
6 329
5 048
8 215
-
payroll
1 513
1 206
1 963
-
health
1 905
1 520
2 474
-
total
14 711
11 772
19 036
-
Corporate
19 358
32 512
61 633
-
income

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

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

4 839
8 127
15 408
-
total
4 839
8 127
15 408
-
Dividends
14 519
24 385
-
-
withholding
3 993
6 706
-
-
total
3 993
6 706
-
-
Income
84 500
84 500
84 500
84 500
Total tax
38 417
36 853
56 346
39 785
After tax
46 083
47 647
28 154
44 715
Living cost
35 557
35 557
35 557
35 557
Free-cash
10 526
12 090
-7 403
9 158

Estimated living cost  is ₽35557 per week

₽23715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10658
-₽8695
₽4631
-₽2871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
national
-
-
-
26 447
communal

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

-
-
-
4 332
social contributions
-
-
-
12 296
total
-
-
-
43 075
Employee

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

72 183
-
65 446
-
communal

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

3 765
-
3 414
-
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.

3 391
-
3 075
-
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.

5 414
-
4 908
-
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.

628
-
569
-
national
22 192
-
19 557
-
total
35 390
-
31 523
-
Employer

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

72 183
-
65 446
-
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.

938
-
852
-
unemployment

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

1 053
-
956
-
surtax
8 185
-
7 422
-
pensions

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

6 396
-
5 799
-
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.

4 439
-
4 025
-
total
21 011
-
19 054
-
Corporate
-
84 500
-
-
surtax
-
337
-
-
income
-
16 900
-
-
total
-
17 237
-
-
Dividends
-
67 263
-
-
withholding

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

-
19 811
-
-
total
-
19 811
-
-
Income
84 500
84 500
84 500
84 500
Total tax
56 401
37 048
50 577
43 075
After tax
28 099
47 452
33 923
41 425
Living cost
36 794
36 794
36 794
36 794
Free-cash
-8 695
10 658
-2 871
4 631

Estimated living cost  is ₽36794 per week

₽23700
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20529
₽12490
₽8476
₽9074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
760
income
-
-
-
14 231
pensions
-
-
-
23 914
other
-
-
-
84
unemployment
-
-
-
592
total
-
-
-
39 581
Employee
50 231
-
64 073
-
other
50
-
63
-
income
10 598
-
14 488
-
pensions
2 361
-
3 012
-
unemployment
779
-
994
-
total
13 788
-
18 557
-
Employer
50 231
-
64 073
-
accident
994
-
1 268
-
other
400
-
513
-
unemployment
2 763
-
3 524
-
pensions
11 854
-
15 121
-
total
16 011
-
20 426
-
Corporate
18 258
84 500
-
-
income

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

2 738
12 675
-
-
total
2 738
12 675
-
-
Dividends
15 519
71 825
-
-
withholding
3 030
14 853
-
-
total
3 030
14 853
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 567
27 528
38 983
39 581
After tax
48 933
56 972
45 517
44 919
Living cost
36 443
36 443
36 443
36 443
Free-cash
12 490
20 529
9 074
8 476

Estimated living cost  is ₽36443 per week

₽26837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2673
-₽1050
-₽4742
-₽537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
712
income
-
-
-
5 558
pensions
-
-
-
12 666
health
-
-
-
5 938
surtax
-
-
-
4 188
communal
-
-
-
5 341
total
-
-
-
34 403
Employee
76 419
-
75 478
-
health
3 401
-
3 361
-
surtax
4 684
-
4 625
-
income
7 381
-
7 152
-
pensions
6 113
-
6 038
-
total
21 579
-
21 176
-
Employer
76 419
-
75 478
-
accident
687
-
680
-
pensions
6 113
-
6 038
-
health
2 331
-
2 304
-
total
9 131
-
9 022
-
Corporate
-
84 500
-
-
surtax
-
887
-
-
communal
-
5 703
-
-
income
-
12 675
-
-
total
-
19 265
-
-
Dividends
-
65 235
-
-
income
-
3 283
-
-
withholding
-
9 786
-
-
total
-
13 069
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 710
32 334
30 198
34 403
After tax
53 790
52 166
54 302
50 097
Living cost
54 839
54 839
54 839
54 839
Free-cash
-1 050
-2 673
-537
-4 742

Estimated living cost  is ₽54839 per week

₽41138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9797
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30483
₽27277
₽22490
₽20877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
14 665
pensions
-
-
-
16 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 000
surtax
-
-
-
1 549
total
-
-
-
39 344
Employee
33 983
-
69 806
-
other
-
-
-
-
health
867
-
1 781
-
surtax
121
-
1 363
-
income
5 697
-
13 606
-
pensions
2 267
-
4 655
-
unemployment
2 365
-
4 858
-
total
11 317
-
26 263
-
Employer
33 983
-
69 806
-
other
-
-
-
-
unemployment
1 078
-
2 214
-
pensions
4 531
-
9 305
-
health
1 545
-
3 175
-
total
7 154
-
14 694
-
Corporate
43 362
84 500
-
-
income
11 274
21 971
-
-
total
11 274
21 971
-
-
Dividends
32 089
62 529
-
-
withholding
4 812
9 380
-
-
total
4 812
9 380
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 557
31 351
40 957
39 344
After tax
49 943
53 149
43 543
45 156
Living cost
22 666
22 666
22 666
22 666
Free-cash
27 277
30 483
20 877
22 490

Estimated living cost  is ₽22666 per week

₽13684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17232
₽14991
₽17004
₽13004
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
502
regional
-
-
-
1 274
national
-
-
-
16 804
social contributions
-
-
-
21 733
total
-
-
-
40 313
Employee
55 977
-
84 500
-
social contributions
18 876
-
28 493
-
regional
754
-
1 136
-
municipal
297
-
448
-
national
8 868
-
14 236
-
total
28 795
-
44 313
-
Employer
55 977
-
84 500
-
total
-
-
-
-
Corporate
28 523
84 500
-
-
nationa
6 846
20 280
-
-
municipal
1 417
4 200
-
-
total
8 263
24 480
-
-
Dividends
20 260
60 021
-
-
withholding
5 268
15 605
-
-
total
5 268
15 605
-
-
Income
84 500
84 500
84 500
84 500
Total tax
42 326
40 085
44 313
40 313
After tax
42 174
44 415
40 187
44 187
Living cost
27 183
27 183
27 183
27 183
Free-cash
14 991
17 232
13 004
17 004

Estimated living cost  is ₽27183 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28398
₽17774
₽11375
₽13101
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
7 263
health
-
-
-
11 408
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 674
total
-
-
-
43 345
Employee
43 794
-
63 060
-
social contributions
2 847
-
4 099
-
health
5 912
-
8 513
-
solidarity contribution
-
-
-
-
income
5 255
-
7 567
-
total
14 014
-
20 179
-
Employer
43 794
-
63 060
-
social contributions
10 949
-
15 765
-
health
3 941
-
5 675
-
total
14 890
-
21 440
-
Corporate
25 816
84 500
-
-
income
4 905
16 055
-
-
total
4 905
16 055
-
-
Dividends
20 911
68 445
-
-
withholding
3 137
10 267
-
-
total
3 137
10 267
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 946
26 322
41 619
43 345
After tax
47 554
58 178
42 881
41 155
Living cost
29 780
29 780
29 780
29 780
Free-cash
17 774
28 398
13 101
11 375

Estimated living cost  is ₽29780 per week

₽22146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15562
₽15061
₽12720
-₽4001
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
chamber of commerce
-
-
-
339
income
-
-
-
10 961
pensions
-
-
-
15 632
unemployment
-
-
-
6 189
health
-
-
-
6 465
surtax
-
-
-
-
total
-
-
-
39 586
Employee
44 111
40 215
65 618
-
other
440
402
657
-
health
1 706
1 557
2 539
-
income
3 930
2 966
10 094
-
pensions
4 517
4 117
6 720
-
unemployment
1 323
1 206
1 969
-
total
11 916
10 248
21 979
-
Employer
44 111
40 215
65 618
-
accident
573
523
852
-
other
2 095
1 909
3 116
-
chamber of commerce
176
161
262
-
unemployment
1 323
1 206
1 969
-
surtax
-
-
-
-
pensions
5 536
5 048
8 234
-
payroll
1 323
1 206
1 969
-
health
1 668
1 520
2 480
-
total
12 694
11 573
18 882
-
Corporate
27 694
32 711
61 788
-
income

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

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

6 923
8 177
15 446
-
total
6 923
8 177
15 446
-
Dividends
20 772
24 534
-
-
withholding
5 712
6 746
-
-
total
5 712
6 746
-
-
Income
84 500
84 500
84 500
84 500
Total tax
37 245
36 744
56 307
39 586
After tax
47 255
47 756
28 193
44 914
Living cost
32 194
32 194
32 194
32 194
Free-cash
15 061
15 562
-4 001
12 720

Estimated living cost  is ₽32194 per week

₽19313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66126
₽63473
₽69506
₽53451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
84 500
microenterprise

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

-
-
-
845
total
-
-
-
845
Employee
17 686
-
84 500
-
income
3 537
-
16 900
-
total
3 537
-
16 900
-
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%.

66 814
84 500
-
-
total
-
-
-
-
Dividends
66 814
84 500
-
-
withholding
3 341
4 225
-
-
total
3 341
4 225
-
-
Income
84 500
84 500
84 500
84 500
Total tax
6 878
4 225
16 900
845
After tax
77 622
80 275
67 600
83 655
Living cost
14 149
14 149
14 149
14 149
Free-cash
63 473
66 126
53 451
69 506

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
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.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31112
₽22672
₽17372
₽14950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
income
-
-
-
16 189
pensions
-
-
-
15 431
unemployment
-
-
-
126
health
-
-
-
8 315
total
-
-
-
40 061
Employee

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

44 623
-
73 115
-
health
2 882
-
4 722
-
income
7 695
-
14 942
-
pensions
6 917
-
11 333
-
unemployment
63
-
101
-
total
17 557
-
31 098
-
Employer

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

44 623
-
73 115
-
unemployment
27
-
44
-
pensions
3 949
-
6 471
-
health
2 972
-
4 870
-
total
6 948
-
11 385
-
Corporate
32 929
84 500
-
-
income
6 256
16 055
-
-
total
6 256
16 055
-
-
Dividends
26 673
68 445
-
-
withholding
4 000
10 266
-
-
total
4 000
10 266
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 761
26 321
42 483
40 061
After tax
49 739
58 179
42 017
44 439
Living cost
27 067
27 067
27 067
27 067
Free-cash
22 672
31 112
14 950
17 372

Estimated living cost  is ₽27067 per week

₽18575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7845
-₽66043
₽14831
₽27652
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
16 471
social contributions
-
-
-
9 633
total
-
-
-
26 104
Employee
62 466
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 466
-
-
-
social contributions
88 077
-
12 553
-
total
88 077
-
12 553
-
Corporate
-
84 500
-
-
income
-
18 590
-
-
total
-
18 590
-
-
Dividends
-
65 910
-
-
income
-
14 500
-
-
total
-
14 500
-
-
Income
84 500
84 500
84 500
84 500
Total tax
106 978
33 090
13 283
26 104
After tax
-22 478
51 410
71 217
58 396
Living cost
43 565
43 565
43 565
43 565
Free-cash
-66 043
7 845
27 652
14 831

Estimated living cost  is ₽43565 per week

₽28267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16411
₽15395
₽16071
₽12395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
income
-
-
-
7 412
surtax
-
-
-
-
social contributions

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

-
-
-
29 364
total
-
-
-
36 776
Employee
46 411
-
68 282
-
social contributions
5 105
-
7 511
-
surtax
-
-
-
-
income
9 654
-
16 725
-
total
14 759
-
24 236
-
Employer
46 411
-
68 282
-
social contributions
11 023
-
16 216
-
total
11 023
-
16 216
-
Corporate
27 066
84 500
-
-
surtax
-
-
-
-
income
5 684
17 744
-
-
total
5 684
17 744
-
-
Dividends
21 382
66 756
-
-
withholding
5 986
18 692
-
-
total
5 986
18 692
-
-
Income
84 500
84 500
84 500
84 500
Total tax
37 452
36 436
40 452
36 776
After tax
47 048
48 064
44 048
47 724
Living cost
31 653
31 653
31 653
31 653
Free-cash
15 395
16 411
12 395
16 071

Estimated living cost  is ₽31653 per week

₽23683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6152
₽783
₽341
₽712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
5 706
pensions
-
-
-
23 957
other
-
-
-
2 620
health
-
-
-
730
surtax
-
-
-
-
social contributions
-
-
-
2 407
total
-
-
-
35 420
Employee
63 203
-
64 389
-
social contributions
1 800
-
1 835
-
surtax
-
-
-
-
income
5 515
-
5 823
-
pensions
7 149
-
7 281
-
total
14 464
-
14 939
-
Employer
63 203
-
64 389
-
other
2 181
-
2 221
-
social contributions
190
-
193
-
unemployment
2 560
-
2 608
-
pensions
10 385
-
10 580
-
health
4 424
-
4 508
-
total
19 740
-
20 110
-
Corporate
1 557
84 500
-
-
surtax
-
-
-
-
income
437
23 660
-
-
total
437
23 660
-
-
Dividends
1 121
60 840
-
-
surtax
-
-
-
-
social contributions
193
10 465
-
-
withholding
144
7 788
-
-
total
337
18 253
-
-
Income
84 500
84 500
84 500
84 500
Total tax
34 978
41 913
35 049
35 420
After tax
49 522
42 587
49 451
49 080
Living cost
48 739
48 739
48 739
48 739
Free-cash
783
-6 152
712
341

Estimated living cost  is ₽48739 per week

₽32986
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11097
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45715
₽42326
₽34577
₽36950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
998
social contributions
-
-
-
18 591
total
-
-
-
19 589
Employee
32 442
-
73 161
-
income
-
-
1 122
-
social contributions
2 108
-
4 755
-
total
2 108
-
5 877
-
Employer
32 442
-
73 161
-
social contributions
5 029
-
11 339
-
total
5 029
-
11 339
-
Corporate
47 029
84 500
-
-
income
4 703
8 451
-
-
total
4 703
8 451
-
-
Dividends
42 326
76 049
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
11 840
8 451
17 216
19 589
After tax
72 660
76 049
67 284
64 911
Living cost
30 334
30 334
30 334
30 334
Free-cash
42 326
45 715
36 950
34 577

Estimated living cost  is ₽30334 per week

₽19613
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2286
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽135458
-₽135458
₽4523
-₽135458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
15 081
pensions
-
-
-
875
national
-
-
-
8 711
labour market
-
-
-
6 690
total
-
-
-
31 357
Employee
205 213
205 213
205 213
-
labour market
16 394
16 394
16 394
-
national
25 070
25 070
25 070
-
municipal
43 699
43 699
43 699
-
pensions
292
292
292
-
total
85 455
85 455
85 455
-
Employer
205 213
205 213
205 213
-
labour market
16 417
16 417
16 417
-
municipal
43 769
43 769
43 769
-
pensions
583
583
583
-
national
25 114
25 114
25 114
-
total
85 883
85 883
85 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
171 338
171 338
171 338
31 357
After tax
-86 838
-86 838
-86 838
53 143
Living cost
48 620
48 620
48 620
48 620
Free-cash
-135 458
-135 458
-135 458
4 523

Estimated living cost  is ₽48620 per week

₽33276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14901
₽3510
₽36352
₽20914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
253
income
-
-
-
19 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
26 403
Employee
34 207
-
70 541
-
health
3 917
-
8 077
-
income
4 693
-
12 151
-
pensions
3 852
-
7 654
-
total
12 462
-
27 882
-
Employer
34 207
-
70 541
-
accident
571
-
1 178
-
unemployment
838
-
1 728
-
pensions
5 562
-
11 053
-
total
6 971
-
13 959
-
Corporate
43 322
84 500
-
-
income

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

38 989
76 050
-
-
total
38 989
76 050
-
-
Dividends
4 332
8 450
-
-
withholding
823
1 606
-
-
total
823
1 606
-
-
Income
84 500
84 500
84 500
84 500
Total tax
59 245
77 656
41 841
26 403
After tax
25 255
6 844
42 659
58 097
Living cost
21 745
21 745
21 745
21 745
Free-cash
3 510
-14 901
20 914
36 352

Estimated living cost  is ₽21745 per week

₽15828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18694
₽14803
₽23097
₽10761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
84 500
municipal
-
-
-
15 052
health
-
-
-
881
national
-
-
-
6 727
total
-
-
-
22 660
Employee
53 092
-
71 086
-
health
396
-
674
-
municipal
8 696
-
11 618
-
pensions
3 583
-
4 799
-
unemployment
797
-
1 067
-
national
877
-
3 424
-
total
14 349
-
21 582
-
Employer
53 092
-
71 086
-
accident
54
-
71
-
unemployment
345
-
462
-
pensions
9 211
-
12 333
-
health
408
-
548
-
total
10 018
-
13 414
-
Corporate
21 391
84 500
-
-
income
4 278
16 900
-
-
total
4 278
16 900
-
-
Dividends

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

12 835
50 700
-
-
national
-
1 036
-
-
municipal
2 309
9 127
-
-
total
2 309
10 163
-
-
Income
84 500
84 500
84 500
84 500
Total tax
30 954
27 063
34 996
22 660
After tax
53 546
57 437
49 504
61 840
Living cost
38 743
38 743
38 743
38 743
Free-cash
14 803
18 694
10 761
23 097

Estimated living cost  is ₽38743 per week

₽25307
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9094
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38318
₽33093
₽38714
₽38471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
7 085
health
-
-
-
2 154
social contributions
-
-
-
13 183
total
-
-
-
22 422
Employee
77 596
77 596
77 596
-
social contributions
2 934
6 440
6 367
-
health
601
1 319
1 304
-
income
8 449
7 183
7 208
-
total
11 984
14 942
14 879
-
Employer
77 596
77 596
77 596
-
social contributions
2 934
6 440
6 367
-
health
653
1 436
1 419
-
total
3 587
7 876
7 786
-
Corporate
45 565
-
-
-
income
5 695
-
-
-
total
5 695
-
-
-
Dividends
39 870
-
-
-
withholding
6 777
-
-
-
total
6 777
-
-
-
Income
84 500
84 500
84 500
84 500
Total tax
28 043
22 818
22 665
22 422
After tax
56 457
61 682
61 835
62 078
Living cost
23 364
23 364
23 364
23 364
Free-cash
33 093
38 318
38 471
38 714

Estimated living cost  is ₽23364 per week

₽14002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53953
₽48818
₽50551
₽36154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
84 500
income
-
-
-
7 827
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
17 927
Employee

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

23 163
-
76 610
-
health
1 969
-
6 511
-
income
1 584
-
6 048
-
pensions
3 474
-
11 492
-
unemployment
115
-
383
-
total
7 142
-
24 434
-
Employer

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

23 163
-
76 610
-
unemployment
115
-
383
-
pensions
1 273
-
4 213
-
health
996
-
3 294
-
total
2 384
-
7 890
-
Corporate
58 953
84 500
-
-
income
5 306
7 604
-
-
total
5 306
7 604
-
-
Dividends
53 647
76 896
-
-
withholding
4 828
6 921
-
-
total
4 828
6 921
-
-
Income
84 500
84 500
84 500
84 500
Total tax
19 660
14 525
32 324
17 927
After tax
64 840
69 975
52 176
66 573
Living cost
16 022
16 022
16 022
16 022
Free-cash
48 818
53 953
36 154
50 551

Estimated living cost  is ₽16022 per week

₽10222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29222
₽23928
₽17169
₽17767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
760
income
-
-
-
14 231
pensions
-
-
-
23 914
other
-
-
-
84
unemployment
-
-
-
592
total
-
-
-
39 581
Employee
37 313
-
64 073
-
other
36
-
63
-
income
7 194
-
14 488
-
pensions
1 754
-
3 012
-
unemployment
578
-
994
-
total
9 562
-
18 557
-
Employer
37 313
-
64 073
-
accident
739
-
1 268
-
other
299
-
513
-
unemployment
2 053
-
3 524
-
pensions
8 805
-
15 121
-
total
11 896
-
20 426
-
Corporate
35 291
84 500
-
-
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.

5 293
12 675
-
-
total
5 293
12 675
-
-
Dividends
29 998
71 825
-
-
withholding
6 071
14 853
-
-
total
6 071
14 853
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 822
27 528
38 983
39 581
After tax
51 678
56 972
45 517
44 919
Living cost
27 750
27 750
27 750
27 750
Free-cash
23 928
29 222
17 767
17 169

Estimated living cost  is ₽27750 per week

₽18730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49972
₽49518
₽50550
₽50353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
27 726
pensions
-
-
-
2 010
health
-
-
-
1 458
total
-
-
-
31 194
Employee
4 198
-
82 238
-
health
210
-
503
-
income
812
-
27 620
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
29 129
-
Employer
4 198
-
82 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
79 358
84 500
-
-
income
17 459
18 590
-
-
total
17 459
18 590
-
-
Dividends
61 899
65 910
-
-
withholding
12 380
13 182
-
-
total
12 380
13 182
-
-
Income
84 500
84 500
84 500
84 500
Total tax
32 226
31 772
31 391
31 194
After tax
52 274
52 728
53 109
53 306
Living cost
2 756
2 756
2 756
2 756
Free-cash
49 518
49 972
50 353
50 550

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43598
₽38634
₽25264
₽25979
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
income
-
-
-
13 590
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
41 783
Employee

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

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

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

26 319
-
71 671
-
health
1 355
-
3 691
-
income
3 628
-
13 975
-
pensions
3 685
-
10 034
-
unemployment
197
-
538
-
total
8 865
-
28 238
-
Employer

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

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

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

26 319
-
71 671
-
unemployment
197
-
538
-
pensions
3 158
-
8 601
-
health
1 355
-
3 691
-
total
4 710
-
12 830
-
Corporate
53 470
84 500
-
-
income
8 021
12 675
-
-
total
8 021
12 675
-
-
Dividends
45 450
71 825
-
-
withholding
6 817
10 774
-
-
total
6 817
10 774
-
-
Income
84 500
84 500
84 500
84 500
Total tax
28 413
23 449
41 068
41 783
After tax
56 087
61 051
43 432
42 717
Living cost
17 453
17 453
17 453
17 453
Free-cash
38 634
43 598
25 979
25 264

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20859
₽20496
₽20519
₽16843
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
income
-
-
-
7 412
surtax
-
-
-
-
social contributions

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

-
-
-
29 364
total
-
-
-
36 776
Employee
39 166
-
68 282
-
social contributions
4 309
-
7 511
-
surtax
-
-
-
-
income
7 653
-
16 725
-
total
11 962
-
24 236
-
Employer
39 166
-
68 282
-
social contributions
9 301
-
16 216
-
total
9 301
-
16 216
-
Corporate
36 033
84 500
-
-
surtax
-
-
-
-
income
7 566
17 744
-
-
total
7 566
17 744
-
-
Dividends
28 467
66 756
-
-
withholding
7 970
18 692
-
-
total
7 970
18 692
-
-
Income
84 500
84 500
84 500
84 500
Total tax
36 799
36 436
40 452
36 776
After tax
47 701
48 064
44 048
47 724
Living cost
27 205
27 205
27 205
27 205
Free-cash
20 496
20 859
16 843
20 519

Estimated living cost  is ₽27205 per week

₽19269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21507
₽13812
₽9454
₽10052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
760
income
-
-
-
14 231
pensions
-
-
-
23 914
other
-
-
-
84
unemployment
-
-
-
592
total
-
-
-
39 581
Employee
48 736
-
64 073
-
other
48
-
63
-
income
10 179
-
14 488
-
pensions
2 290
-
3 012
-
unemployment
755
-
994
-
total
13 272
-
18 557
-
Employer
48 736
-
64 073
-
accident
965
-
1 268
-
other
391
-
513
-
unemployment
2 681
-
3 524
-
pensions
11 501
-
15 121
-
total
15 538
-
20 426
-
Corporate
20 226
84 500
-
-
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.

3 033
12 675
-
-
total
3 033
12 675
-
-
Dividends
17 193
71 825
-
-
withholding
3 380
14 853
-
-
total
3 380
14 853
-
-
Income
84 500
84 500
84 500
84 500
Total tax
35 223
27 528
38 983
39 581
After tax
49 277
56 972
45 517
44 919
Living cost
35 465
35 465
35 465
35 465
Free-cash
13 812
21 507
10 052
9 454

Estimated living cost  is ₽35465 per week

₽25469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54877
₽48724
₽45037
₽47343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
12 675
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 092
Employee
23 001
-
77 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 758
-
pensions

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

2 019
-
3 097
-
total
5 630
-
12 865
-
Employer
23 001
-
77 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
56 986
84 500
-
-
income
5 698
8 450
-
-
total
5 698
8 450
-
-
Dividends
51 288
76 050
-
-
withholding
2 564
3 802
-
-
total
2 564
3 802
-
-
Income
84 500
84 500
84 500
84 500
Total tax
18 405
12 252
19 786
22 092
After tax
66 095
72 248
64 714
62 408
Living cost
17 371
17 371
17 371
17 371
Free-cash
48 724
54 877
47 343
45 037

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4681
₽17882
₽17518
₽22911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
trade
-
-
-
5 393
income

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

-
-
-
14 916
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.

-
-
-
6 894
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.

-
-
-
820
total
-
-
-
28 023
Employee

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

50 210
-
84 500
-
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.

6 894
-
6 894
-
surtax

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

228
-
820
-
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.

4 129
-
14 916
-
total
11 251
-
22 630
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 290
84 500
-
-
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.

283
697
-
-
income
5 144
12 675
-
-
trade
4 922
12 126
-
-
chamber of commerce
203
278
-
-
total
10 552
25 776
-
-
Dividends
23 739
58 724
-
-
surtax

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

304
787
-
-
withholding
5 552
14 297
-
-
total
5 856
15 084
-
-
Income
84 500
84 500
84 500
84 500
Total tax
27 659
40 860
22 630
28 023
After tax
56 841
43 640
61 870
56 477
Living cost
38 959
38 959
38 959
38 959
Free-cash
17 882
4 681
22 911
17 518

Estimated living cost  is ₽38959 per week

₽26875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1665
₽3893
₽2726
₽2726
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
17 120
social contributions
-
-
-
7 170
total
-
-
-
24 290
Employee
78 935
-
84 500
-
income
14 895
-
17 120
-
social contributions
6 558
-
7 170
-
total
21 453
-
24 290
-
Employer
78 935
-
84 500
-
total
-
-
-
-
Corporate
5 565
84 500
-
-
income
695
10 563
-
-
total
695
10 563
-
-
Dividends
4 870
73 937
-
-
withholding
975
14 788
-
-
total
975
14 788
-
-
Income
84 500
84 500
84 500
84 500
Total tax
23 123
25 351
24 290
24 290
After tax
61 377
59 149
60 210
60 210
Living cost
57 484
57 484
57 484
57 484
Free-cash
3 893
1 665
2 726
2 726

Estimated living cost  is ₽57484 per week

₽43733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12963
₽18549
₽12403
₽25172
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
income
-
-
-
28 725
health

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

-
-
-
6 741
total
-
-
-
35 466
Employee
46 292
-
79 858
-
income
5 023
-
13 413
-
social contributions
4 638
-
4 642
-
total
9 661
-
18 055
-
Employer
46 292
-
79 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
33 570
84 500
-
-
income
11 748
29 575
-
-
total
11 748
29 575
-
-
Dividends
21 821
54 925
-
-
social contributions
3 273
5 331
-
-
total
3 273
5 331
-
-
Income
84 500
84 500
84 500
84 500
Total tax
29 320
34 906
22 697
35 466
After tax
55 180
49 594
61 803
49 034
Living cost
36 631
36 631
36 631
36 631
Free-cash
18 549
12 963
25 172
12 403

Estimated living cost  is ₽36631 per week

₽24129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25699
₽19984
₽25255
₽15852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
income
-
-
-
15 718
pensions
-
-
-
5 914
total
-
-
-
21 632
Employee
51 629
-
74 685
-
health
673
-
1 146
-
income
9 402
-
13 367
-
pensions
3 941
-
6 708
-
total
14 016
-
21 221
-
Employer
51 629
-
74 685
-
pensions
5 216
-
8 396
-
health
981
-
1 418
-
total
6 197
-
9 814
-
Corporate
26 674
84 500
-
-
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.

5 069
16 054
-
-
total
5 069
16 054
-
-
Dividends
21 605
68 446
-
-
withholding
1 621
5 134
-
-
total
1 621
5 134
-
-
Income
84 500
84 500
84 500
84 500
Total tax
26 903
21 188
31 035
21 632
After tax
57 597
63 312
53 465
62 868
Living cost
37 613
37 613
37 613
37 613
Free-cash
19 984
25 699
15 852
25 255

Estimated living cost  is ₽37613 per week

₽25802
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽17054
₽3180
₽34199
₽18761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
accident
-
-
-
253
income
-
-
-
19 416
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
26 403
Employee
37 593
-
70 541
-
health
4 304
-
8 077
-
income
5 157
-
12 151
-
pensions
4 233
-
7 654
-
total
13 694
-
27 882
-
Employer
37 593
-
70 541
-
accident
628
-
1 178
-
unemployment
921
-
1 728
-
pensions
6 112
-
11 053
-
total
7 661
-
13 959
-
Corporate
39 246
84 500
-
-
income

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

35 321
76 050
-
-
total
35 321
76 050
-
-
Dividends
3 925
8 450
-
-
withholding
746
1 606
-
-
total
746
1 606
-
-
Income
84 500
84 500
84 500
84 500
Total tax
57 422
77 656
41 841
26 403
After tax
27 078
6 844
42 659
58 097
Living cost
23 898
23 898
23 898
23 898
Free-cash
3 180
-17 054
18 761
34 199

Estimated living cost  is ₽23898 per week

₽17539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58194
₽53287
₽35110
₽36158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
84 500
work injury
-
-
-
423
health insurance
-
-
-
6 253
income
-
-
-
12 521
pensions
-
-
-
15 548
unemployment
-
-
-
1 014
total
-
-
-
35 759
Employee

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

21 810
-
84 500
-
work injury
109
-
403
-
income
2 181
-
12 521
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
34 711
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 690
84 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
-
-
-
total
-
-
-
-
Dividends
62 690
84 500
-
-
withholding
9 403
12 675
-
-
total
9 403
12 675
-
-
Income
84 500
84 500
84 500
84 500
Total tax
17 582
12 675
34 711
35 759
After tax
66 918
71 825
49 789
48 741
Living cost
13 631
13 631
13 631
13 631
Free-cash
53 287
58 194
36 158
35 110

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽4308
-₽535
₽3660
-₽204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
84 500
municipal
-
-
-
565
regional
-
-
-
1 537
national
-
-
-
16 804
social contributions
-
-
-
21 733
total
-
-
-
40 639
Employee
85 034
-
84 500
-
social contributions
28 673
-
28 493
-
regional
1 284
-
1 270
-
municipal
507
-
504
-
national
14 370
-
14 236
-
total
44 834
-
44 503
-
Employer
85 034
-
84 500
-
total
-
-
-
-
Corporate
-
84 500
-
-
nationa
-
20 280
-
-
municipal
-
4 073
-
-
total
-
24 353
-
-
Dividends
-
60 147
-
-
withholding
-
15 638
-
-
total
-
15 638
-
-
Income
84 500
84 500
84 500
84 500
Total tax
44 834
39 991
44 503
40 639
After tax
39 666
44 509
39 997
43 861
Living cost
40 201
40 201
40 201
40 201
Free-cash
-535
4 308
-204
3 660

Estimated living cost  is ₽40201 per week

₽28238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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