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
₽ 85500
per

Your estimated
City
free-cash

Dresden , Germany
₽12848
₽23960
₽25917
₽32028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
trade
-
-
-
6 111
income

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

-
-
-
15 341
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.

-
-
-
6 862
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.

-
-
-
844
total
-
-
-
29 158
Employee

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

38 419
-
85 500
-
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.

6 862
-
6 862
-
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
-
844
-
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.

1 073
-
15 341
-
total
7 994
-
23 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 081
85 500
-
-
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.

389
705
-
-
income
7 062
12 825
-
-
trade
7 415
13 467
-
-
chamber of commerce
219
274
-
-
total
15 085
27 271
-
-
Dividends
31 995
58 228
-
-
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.

419
780
-
-
withholding
7 617
14 176
-
-
total
8 036
14 956
-
-
Income
85 500
85 500
85 500
85 500
Total tax
31 115
42 227
23 047
29 158
After tax
54 385
43 273
62 453
56 342
Living cost
30 425
30 425
30 425
30 425
Free-cash
23 960
12 848
32 028
25 917

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2673
-₽192
₽1397
₽2067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
8 725
pensions
-
-
-
10 260
national
-
-
-
13 520
social contributions
-
-
-
919
total
-
-
-
33 424
Employee
78 562
-
73 914
-
municipal
9 704
-
9 056
-
pensions
3 142
-
2 957
-
national
15 037
-
14 033
-
total
27 883
-
26 046
-
Employer
78 562
-
73 914
-
social contributions
845
-
795
-
pensions
6 285
-
5 913
-
total
7 130
-
6 708
-
Corporate
-
85 500
-
-
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%.

-
17 100
-
-
total
-
17 100
-
-
Dividends
-
68 400
-
-
withholding
-
15 048
-
-
total
-
15 048
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 013
32 148
32 754
33 424
After tax
50 487
53 352
52 746
52 076
Living cost
50 679
50 679
50 679
50 679
Free-cash
-192
2 673
2 067
1 397

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47503
₽39264
₽24915
₽27465
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
microenterprise
-
-
-
-
income
-
-
-
12 199
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.

-
-
-
27 489
total
-
-
-
39 688
Employee
29 351
-
68 901
-
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.

3 229
-
7 579
-
surtax
-
-
-
-
income
5 225
-
12 960
-
total
8 454
-
20 539
-
Employer
29 351
-
68 901
-
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.

7 070
-
16 599
-
surtax
-
-
-
-
total
7 070
-
16 599
-
Corporate
49 079
85 500
-
-
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%.

9 815
17 100
-
-
total
9 815
17 100
-
-
Dividends

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

39 264
68 400
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
25 339
17 100
37 138
39 688
After tax
60 161
68 400
48 362
45 812
Living cost
20 897
20 897
20 897
20 897
Free-cash
39 264
47 503
27 465
24 915

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8608
-₽14246
₽6534
-₽14246
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
13 934
pensions
-
-
-
11 769
health
-
-
-
11 184
total
-
-
-
36 887
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
57 667
52 029
57 667
36 887
After tax
27 833
33 471
27 833
48 613
Living cost
42 079
42 079
42 079
42 079
Free-cash
-14 246
-8 608
-14 246
6 534

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7721
₽6847
₽3681
₽6695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
18 119
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
42 857
Employee
55 518
-
65 059
-
municipal
16 555
-
19 401
-
national
-
-
-
-
total
16 555
-
19 401
-
Employer
55 518
-
65 059
-
accident
111
-
130
-
other
6 451
-
7 560
-
unemployment
1 466
-
1 718
-
pensions
6 001
-
7 033
-
health
3 414
-
4 001
-
total
17 443
-
20 442
-
Corporate
12 539
85 500
-
-
income
2 759
18 810
-
-
total
2 759
18 810
-
-
Dividends
9 780
66 690
-
-
withholding
2 934
20 007
-
-
total
2 934
20 007
-
-
Income
85 500
85 500
85 500
85 500
Total tax
39 691
38 817
39 843
42 857
After tax
45 809
46 683
45 657
42 643
Living cost
38 962
38 962
38 962
38 962
Free-cash
6 847
7 721
6 695
3 681

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽3372
₽17486
₽16611
₽22993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
trade
-
-
-
6 382
income

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

-
-
-
15 341
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.

-
-
-
6 862
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.

-
-
-
844
total
-
-
-
29 429
Employee

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

50 939
-
85 500
-
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.

6 862
-
6 862
-
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.

240
-
844
-
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.

4 377
-
15 341
-
total
11 479
-
23 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 561
85 500
-
-
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.

286
705
-
-
income
5 185
12 825
-
-
trade
5 686
14 066
-
-
chamber of commerce
202
274
-
-
total
11 359
27 870
-
-
Dividends
23 202
57 630
-
-
surtax

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

297
772
-
-
withholding
5 419
14 026
-
-
total
5 716
14 798
-
-
Income
85 500
85 500
85 500
85 500
Total tax
28 554
42 668
23 047
29 429
After tax
56 946
42 832
62 453
56 071
Living cost
39 460
39 460
39 460
39 460
Free-cash
17 486
3 372
22 993
16 611

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30091
₽25925
₽30113
₽30027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
7 289
health
-
-
-
2 181
social contributions
-
-
-
13 337
total
-
-
-
22 807
Employee
77 239
77 239
77 622
-
social contributions
3 753
6 410
6 443
-
health
768
1 313
1 319
-
income
8 111
7 150
7 253
-
total
12 632
14 873
15 015
-
Employer
77 239
77 239
77 622
-
social contributions
3 753
6 410
6 443
-
health
837
1 430
1 435
-
total
4 590
7 840
7 878
-
Corporate
35 698
421
-
-
income
4 462
53
-
-
total
4 462
53
-
-
Dividends
31 235
368
-
-
withholding
5 311
63
-
-
total
5 311
63
-
-
Income
85 500
85 500
85 500
85 500
Total tax
26 995
22 829
22 893
22 807
After tax
58 505
62 671
62 607
62 693
Living cost
32 580
32 580
32 580
32 580
Free-cash
25 925
30 091
30 027
30 113

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29994
₽30373
₽41004
₽31338
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
10 452
pensions
-
-
-
8 550
unemployment
-
-
-
1 282
health
-
-
-
5 985
total
-
-
-
26 269
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.

26 310
10 471
71 548
-
health
1 842
733
5 008
-
income
3 216
1 280
8 747
-
pensions
2 631
1 047
7 155
-
unemployment
395
157
1 073
-
total
8 084
3 217
21 983
-
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.

26 310
10 471
71 548
-
pensions
5 131
2 042
13 952
-
total
5 131
2 042
13 952
-
Corporate
54 059
72 987
-
-
income
4 865
6 569
-
-
total
4 865
6 569
-
-
Dividends
49 194
66 418
-
-
social contributions
9 473
12 832
-
-
withholding
9 347
12 619
-
-
total
18 820
25 451
-
-
Income
85 500
85 500
85 500
85 500
Total tax
36 900
37 279
35 935
26 269
After tax
48 600
48 221
49 565
59 231
Living cost
18 227
18 227
18 227
18 227
Free-cash
30 373
29 994
31 338
41 004

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44138
₽37898
₽21567
₽25020
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
11 456
pensions
-
-
-
17 100
health
-
-
-
11 115
total
-
-
-
39 671
Employee
28 495
-
63 901
-
income
3 208
-
12 320
-
pensions
570
-
1 277
-
unemployment
456
-
1 022
-
total
4 234
-
14 619
-
Employer
28 495
-
63 901
-
unemployment
229
-
511
-
pensions
5 699
-
12 781
-
health
3 704
-
8 307
-
total
9 632
-
21 599
-
Corporate
47 373
85 500
-
-
income
9 474
17 100
-
-
total
9 474
17 100
-
-
Dividends
37 899
68 400
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
23 340
17 100
36 218
39 671
After tax
62 160
68 400
49 282
45 829
Living cost
24 262
24 262
24 262
24 262
Free-cash
37 898
44 138
25 020
21 567

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15118
₽3544
₽36733
₽21201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
253
income
-
-
-
19 745
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 723
Employee
34 676
-
71 514
-
health
3 970
-
8 188
-
income
4 757
-
12 437
-
pensions
3 905
-
7 645
-
total
12 632
-
28 270
-
Employer
34 676
-
71 514
-
accident
579
-
1 194
-
unemployment
850
-
1 752
-
pensions
5 639
-
11 039
-
total
7 068
-
13 985
-
Corporate
43 757
85 500
-
-
income

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

39 381
76 950
-
-
total
39 381
76 950
-
-
Dividends
4 376
8 550
-
-
withholding
831
1 624
-
-
total
831
1 624
-
-
Income
85 500
85 500
85 500
85 500
Total tax
59 912
78 574
42 255
26 723
After tax
25 588
6 926
43 245
58 777
Living cost
22 044
22 044
22 044
22 044
Free-cash
3 544
-15 118
21 201
36 733

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72125
₽70419
₽75545
₽59300
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
85 500
microenterprise

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

-
-
-
855
total
-
-
-
855
Employee
11 374
-
85 500
-
income
2 275
-
17 100
-
total
2 275
-
17 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

74 126
85 500
-
-
total
-
-
-
-
Dividends
74 126
85 500
-
-
withholding
3 706
4 275
-
-
total
3 706
4 275
-
-
Income
85 500
85 500
85 500
85 500
Total tax
5 981
4 275
17 100
855
After tax
79 519
81 225
68 400
84 645
Living cost
9 100
9 100
9 100
9 100
Free-cash
70 419
72 125
59 300
75 545

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36054
₽29267
₽19531
₽23349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
10 859
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.

-
-
-
20 520
other
-
-
-
4 062
health
-
-
-
3 763
total
-
-
-
39 204
Employee
36 471
-
68 287
-
health
511
-
957
-
income
6 279
-
11 755
-
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.

2 552
-
4 781
-
unemployment
364
-
682
-
total
9 706
-
18 175
-
Employer
36 471
-
68 287
-
accident
292
-
547
-
other
1 824
-
3 416
-
unemployment
364
-
682
-
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.

6 201
-
11 609
-
health
511
-
957
-
total
9 192
-
17 211
-
Corporate
39 837
85 500
-
-
income
8 366
17 954
-
-
total
8 366
17 954
-
-
Dividends
31 471
67 546
-
-
withholding
2 204
4 727
-
-
total
2 204
4 727
-
-
Income
85 500
85 500
85 500
85 500
Total tax
29 468
22 681
35 386
39 204
After tax
56 032
62 819
50 114
46 296
Living cost
26 765
26 765
26 765
26 765
Free-cash
29 267
36 054
23 349
19 531

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3033
-₽22438
-₽3510
-₽13063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
15 896
pensions
-
-
-
6 021
total
-
-
-
21 917
Employee
94 927
-
75 531
-
health
1 564
-
1 167
-
income
17 112
-
13 506
-
pensions
9 158
-
6 831
-
total
27 834
-
21 504
-
Employer
94 927
-
75 531
-
pensions
11 208
-
8 530
-
health
1 803
-
1 436
-
total
13 011
-
9 966
-
Corporate
-
85 500
-
-
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.

-
16 246
-
-
total
-
16 246
-
-
Dividends
-
69 254
-
-
withholding
-
5 194
-
-
total
-
5 194
-
-
Income
85 500
85 500
85 500
85 500
Total tax
40 845
21 440
31 470
21 917
After tax
44 655
64 060
54 030
63 583
Living cost
67 093
67 093
67 093
67 093
Free-cash
-22 438
-3 033
-13 063
-3 510

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59935
₽55270
₽50141
₽52507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
12 825
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
22 191
Employee
17 436
-
78 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
7 862
-
pensions

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

1 531
-
3 080
-
total
4 268
-
12 942
-
Employer
17 436
-
78 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
64 643
85 500
-
-
income
6 464
8 550
-
-
total
6 464
8 550
-
-
Dividends
58 179
76 950
-
-
withholding
2 909
3 847
-
-
total
2 909
3 847
-
-
Income
85 500
85 500
85 500
85 500
Total tax
17 062
12 397
19 825
22 191
After tax
68 438
73 103
65 675
63 309
Living cost
13 168
13 168
13 168
13 168
Free-cash
55 270
59 935
52 507
50 141

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22228
-₽23931
-₽7086
-₽27866
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
13 934
pensions
-
-
-
11 769
health
-
-
-
11 184
total
-
-
-
36 887
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
53 732
52 029
57 667
36 887
After tax
31 768
33 471
27 833
48 613
Living cost
55 699
55 699
55 699
55 699
Free-cash
-23 931
-22 228
-27 866
-7 086

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34847
₽26277
₽17623
₽19368
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
7 349
health
-
-
-
11 542
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 966
total
-
-
-
43 857
Employee
35 323
-
63 806
-
social contributions
2 296
-
4 147
-
health
4 769
-
8 614
-
solidarity contribution
-
-
-
-
income
4 239
-
7 657
-
total
11 304
-
20 418
-
Employer
35 323
-
63 806
-
social contributions
8 831
-
15 951
-
health
3 179
-
5 743
-
total
12 010
-
21 694
-
Corporate
38 167
85 500
-
-
income
7 252
16 245
-
-
total
7 252
16 245
-
-
Dividends
30 915
69 255
-
-
withholding
4 637
10 388
-
-
total
4 637
10 388
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 203
26 633
42 112
43 857
After tax
50 297
58 867
43 388
41 643
Living cost
24 020
24 020
24 020
24 020
Free-cash
26 277
34 847
19 368
17 623

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3234
-₽3771
₽2578
-₽1489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
509
regional
-
-
-
917
national
-
-
-
17 119
social contributions
-
-
-
21 992
total
-
-
-
40 537
Employee
89 271
-
85 500
-
social contributions
30 102
-
28 831
-
regional
842
-
800
-
municipal
473
-
454
-
national
15 469
-
14 519
-
total
46 886
-
44 604
-
Employer
89 271
-
85 500
-
total
-
-
-
-
Corporate
-
85 500
-
-
nationa
-
20 520
-
-
municipal
-
3 334
-
-
total
-
23 854
-
-
Dividends
-
61 646
-
-
withholding
-
16 027
-
-
total
-
16 027
-
-
Income
85 500
85 500
85 500
85 500
Total tax
46 886
39 881
44 604
40 537
After tax
38 614
45 619
40 896
44 963
Living cost
42 385
42 385
42 385
42 385
Free-cash
-3 771
3 234
-1 489
2 578

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31614
₽28488
₽23355
₽21717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
14 971
pensions
-
-
-
17 100
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 071
surtax
-
-
-
1 609
total
-
-
-
39 980
Employee
33 217
-
70 632
-
other
-
-
-
-
health
848
-
1 801
-
surtax
109
-
1 420
-
income
5 568
-
13 900
-
pensions
2 215
-
4 712
-
unemployment
2 312
-
4 916
-
total
11 052
-
26 749
-
Employer
33 217
-
70 632
-
other
-
-
-
-
unemployment
1 052
-
2 240
-
pensions
4 428
-
9 415
-
health
1 512
-
3 214
-
total
6 992
-
14 869
-
Corporate
45 291
85 500
-
-
income
11 776
22 230
-
-
total
11 776
22 230
-
-
Dividends
33 515
63 270
-
-
withholding
5 027
9 491
-
-
total
5 027
9 491
-
-
Income
85 500
85 500
85 500
85 500
Total tax
34 847
31 721
41 618
39 980
After tax
50 653
53 779
43 882
45 520
Living cost
22 165
22 165
22 165
22 165
Free-cash
28 488
31 614
21 717
23 355

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18224
₽10329
₽17747
₽8194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
15 896
pensions
-
-
-
6 021
total
-
-
-
21 917
Employee
63 617
-
75 531
-
health
924
-
1 167
-
income
11 458
-
13 506
-
pensions
5 400
-
6 831
-
total
17 782
-
21 504
-
Employer
63 617
-
75 531
-
pensions
6 887
-
8 530
-
health
1 209
-
1 436
-
total
8 096
-
9 966
-
Corporate
13 787
85 500
-
-
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.

2 620
16 246
-
-
total
2 620
16 246
-
-
Dividends
11 167
69 254
-
-
withholding
837
5 194
-
-
total
837
5 194
-
-
Income
85 500
85 500
85 500
85 500
Total tax
29 335
21 440
31 470
21 917
After tax
56 165
64 060
54 030
63 583
Living cost
45 836
45 836
45 836
45 836
Free-cash
10 329
18 224
8 194
17 747

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37298
-₽12416
-₽4624
-₽9000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
city
-
-
-
901
pensions
-
-
-
7 866
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.

-
-
-
1 711
regional
-
-
-
2 625
health
-
-
-
249
national
-
-
-
378
total
-
-
-
13 730
Employee
89 401
-
76 527
-
city
959
-
822
-
regional
2 927
-
2 231
-
health
202
-
173
-
pensions
7 511
-
6 428
-
unemployment
-
-
-
-
national
423
-
321
-
total
12 022
-
9 975
-
Employer
89 401
-
76 527
-
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.

1 787
-
1 530
-
unemployment
-
-
-
-
pensions
7 511
-
6 428
-
health
202
-
173
-
total
9 500
-
8 131
-
Corporate
-
85 500
-
-
regional
-
18 083
-
-
national
-
7 268
-
-
total
-
25 351
-
-
Dividends
-
60 150
-
-
withholding
-
21 053
-
-
total
-
21 053
-
-
Income
85 500
85 500
85 500
85 500
Total tax
21 522
46 404
18 106
13 730
After tax
63 978
39 096
67 394
71 770
Living cost
76 394
76 394
76 394
76 394
Free-cash
-12 416
-37 298
-9 000
-4 624

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3621
₽12666
₽9784
₽16438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
trade
-
-
-
6 654
income

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

-
-
-
15 341
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.

-
-
-
6 862
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.

-
-
-
844
total
-
-
-
29 701
Employee

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

60 367
-
85 500
-
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.

6 862
-
6 862
-
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.

391
-
844
-
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.

7 099
-
15 341
-
total
14 352
-
23 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 133
85 500
-
-
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.

208
705
-
-
income
3 770
12 825
-
-
trade
4 310
14 664
-
-
chamber of commerce
189
273
-
-
total
8 477
28 467
-
-
Dividends
16 656
57 033
-
-
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.

208
762
-
-
withholding
3 782
13 877
-
-
total
3 990
14 639
-
-
Income
85 500
85 500
85 500
85 500
Total tax
26 819
43 106
23 047
29 701
After tax
58 681
42 394
62 453
55 799
Living cost
46 015
46 015
46 015
46 015
Free-cash
12 666
-3 621
16 438
9 784

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8727
₽14659
₽15297
₽15492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
6 029
pensions
-
-
-
23 961
other
-
-
-
2 650
health
-
-
-
761
surtax
-
-
-
-
social contributions
-
-
-
2 436
total
-
-
-
35 837
Employee
42 990
-
65 154
-
social contributions
1 226
-
1 857
-
surtax
-
-
-
-
income
2 537
-
6 071
-
pensions
4 861
-
7 369
-
total
8 624
-
15 297
-
Employer
42 990
-
65 154
-
other
1 483
-
2 247
-
social contributions
130
-
196
-
unemployment
1 740
-
2 638
-
pensions
7 062
-
10 703
-
health
3 010
-
4 561
-
total
13 425
-
20 345
-
Corporate
29 085
85 500
-
-
surtax
-
-
-
-
income
8 143
23 940
-
-
total
8 143
23 940
-
-
Dividends
20 942
61 560
-
-
surtax
-
-
-
-
social contributions
3 603
10 587
-
-
withholding
2 680
7 880
-
-
total
6 283
18 467
-
-
Income
85 500
85 500
85 500
85 500
Total tax
36 475
42 407
35 642
35 837
After tax
49 025
43 093
49 858
49 663
Living cost
34 366
34 366
34 366
34 366
Free-cash
14 659
8 727
15 492
15 297

Estimated living cost  is ₽34366 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12132
₽17710
₽18702
₽18897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
6 029
pensions
-
-
-
23 961
other
-
-
-
2 650
health
-
-
-
761
surtax
-
-
-
-
social contributions
-
-
-
2 436
total
-
-
-
35 837
Employee
38 374
-
65 154
-
social contributions
1 094
-
1 857
-
surtax
-
-
-
-
income
1 979
-
6 071
-
pensions
4 340
-
7 369
-
total
7 413
-
15 297
-
Employer
38 374
-
65 154
-
other
1 325
-
2 247
-
social contributions
114
-
196
-
unemployment
1 554
-
2 638
-
pensions
6 306
-
10 703
-
health
2 686
-
4 561
-
total
11 985
-
20 345
-
Corporate
35 141
85 500
-
-
surtax
-
-
-
-
income
9 840
23 940
-
-
total
9 840
23 940
-
-
Dividends
25 302
61 560
-
-
surtax
-
-
-
-
social contributions
4 352
10 587
-
-
withholding
3 239
7 880
-
-
total
7 591
18 467
-
-
Income
85 500
85 500
85 500
85 500
Total tax
36 829
42 407
35 642
35 837
After tax
48 671
43 093
49 858
49 663
Living cost
30 961
30 961
30 961
30 961
Free-cash
17 710
12 132
18 897
18 702

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30863
₽31384
₽33608
₽34531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
12 825
health
-
-
-
5 968
social contributions
-
-
-
11 799
total
-
-
-
30 592
Employee
34 058
-
85 500
-
social contributions
4 701
-
11 799
-
health
2 377
-
5 968
-
income
5 680
-
11 902
-
total
12 758
-
29 669
-
Employer
34 058
-
85 500
-
total
-
-
-
-
Corporate
51 442
85 500
-
-
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%.

2 571
4 276
-
-
total
2 571
4 276
-
-
Dividends
48 871
81 224
-
-
health
3 412
5 669
-
-
social contributions
6 744
11 208
-
-
withholding
7 331
12 184
-
-
total
17 487
29 061
-
-
Income
85 500
85 500
85 500
85 500
Total tax
32 816
33 337
29 669
30 592
After tax
52 684
52 163
55 831
54 908
Living cost
21 300
21 300
21 300
21 300
Free-cash
31 384
30 863
34 531
33 608

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12785
₽11233
₽9778
-₽7065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
chamber of commerce
-
-
-
341
income
-
-
-
11 271
pensions
-
-
-
15 817
unemployment
-
-
-
6 161
health
-
-
-
6 540
surtax
-
-
-
198
total
-
-
-
40 328
Employee
50 199
40 030
66 236
-
other
501
400
661
-
health
1 942
1 550
2 564
-
income
5 715
2 953
10 312
-
pensions
5 141
4 098
6 782
-
unemployment
1 506
1 201
1 986
-
total
14 805
10 202
22 305
-
Employer
50 199
40 030
66 236
-
accident
652
520
862
-
other
2 385
1 900
3 145
-
chamber of commerce
200
160
265
-
unemployment
1 506
1 201
1 986
-
surtax
198
198
198
-
pensions
6 300
5 025
8 313
-
payroll
1 506
1 201
1 986
-
health
1 897
1 514
2 503
-
total
14 644
11 719
19 258
-
Corporate
20 658
33 751
62 430
-
income

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

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

5 164
8 439
15 608
-
total
5 164
8 439
15 608
-
Dividends
15 494
25 313
-
-
withholding
4 260
6 961
-
-
total
4 260
6 961
-
-
Income
85 500
85 500
85 500
85 500
Total tax
38 873
37 321
57 171
40 328
After tax
46 627
48 179
28 329
45 172
Living cost
35 394
35 394
35 394
35 394
Free-cash
11 233
12 785
-7 065
9 778

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11384
-₽7267
₽5148
-₽2397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
national
-
-
-
26 819
communal

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

-
-
-
4 378
social contributions
-
-
-
12 531
total
-
-
-
43 728
Employee

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

71 850
-
66 225
-
communal

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

3 748
-
3 454
-
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.

3 376
-
3 113
-
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.

5 389
-
4 967
-
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.

625
-
576
-
national
22 090
-
19 888
-
total
35 228
-
31 998
-
Employer

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

71 850
-
66 225
-
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.

934
-
860
-
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.

1 048
-
966
-
surtax
8 147
-
7 510
-
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.

6 367
-
5 867
-
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.

4 419
-
4 072
-
total
20 915
-
19 275
-
Corporate
-
85 500
-
-
surtax
-
341
-
-
income
-
17 100
-
-
total
-
17 441
-
-
Dividends
-
68 059
-
-
withholding

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

-
20 051
-
-
total
-
20 051
-
-
Income
85 500
85 500
85 500
85 500
Total tax
56 143
37 492
51 273
43 728
After tax
29 357
48 008
34 227
41 772
Living cost
36 624
36 624
36 624
36 624
Free-cash
-7 267
11 384
-2 397
5 148

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
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.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21365
₽13364
₽9115
₽9721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
770
income
-
-
-
14 457
pensions
-
-
-
24 197
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
40 109
Employee
50 000
-
64 831
-
other
50
-
65
-
income
10 550
-
14 717
-
pensions
2 350
-
3 048
-
unemployment
776
-
1 005
-
total
13 726
-
18 835
-
Employer
50 000
-
64 831
-
accident
989
-
1 283
-
other
398
-
518
-
unemployment
2 751
-
3 566
-
pensions
11 799
-
15 301
-
total
15 937
-
20 668
-
Corporate
19 562
85 500
-
-
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.

2 934
12 825
-
-
total
2 934
12 825
-
-
Dividends
16 629
72 675
-
-
withholding
3 263
15 034
-
-
total
3 263
15 034
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 860
27 859
39 503
40 109
After tax
49 640
57 641
45 997
45 391
Living cost
36 276
36 276
36 276
36 276
Free-cash
13 364
21 365
9 721
9 115

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1848
-₽7997
-₽4041
₽175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
721
income
-
-
-
5 769
pensions
-
-
-
12 815
health
-
-
-
6 006
surtax
-
-
-
4 239
communal
-
-
-
5 404
total
-
-
-
34 954
Employee
76 068
-
76 373
-
health
3 385
-
3 399
-
surtax
4 662
-
4 680
-
income
7 347
-
7 424
-
pensions
6 085
-
6 109
-
total
21 479
-
21 612
-
Employer
76 068
-
76 373
-
accident
684
-
688
-
pensions
6 085
-
6 109
-
health
2 320
-
2 329
-
total
9 089
-
9 126
-
Corporate
344
85 500
-
-
surtax
4
898
-
-
communal
-
5 772
-
-
income
51
12 825
-
-
total
55
19 495
-
-
Dividends
288
66 006
-
-
income
8 243
3 365
-
-
withholding
44
9 901
-
-
total
8 287
13 266
-
-
Income
85 500
85 500
85 500
85 500
Total tax
38 910
32 761
30 738
34 954
After tax
46 590
52 739
54 762
50 546
Living cost
54 587
54 587
54 587
54 587
Free-cash
-7 997
-1 848
175
-4 041

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31217
₽28023
₽22958
₽21320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
14 971
pensions
-
-
-
17 100
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 071
surtax
-
-
-
1 609
total
-
-
-
39 980
Employee
33 827
-
70 632
-
other
-
-
-
-
health
863
-
1 801
-
surtax
120
-
1 420
-
income
5 671
-
13 900
-
pensions
2 257
-
4 712
-
unemployment
2 354
-
4 916
-
total
11 265
-
26 749
-
Employer
33 827
-
70 632
-
other
-
-
-
-
unemployment
1 073
-
2 240
-
pensions
4 510
-
9 415
-
health
1 538
-
3 214
-
total
7 121
-
14 869
-
Corporate
44 552
85 500
-
-
income
11 584
22 230
-
-
total
11 584
22 230
-
-
Dividends
32 968
63 270
-
-
withholding
4 945
9 491
-
-
total
4 945
9 491
-
-
Income
85 500
85 500
85 500
85 500
Total tax
34 915
31 721
41 618
39 980
After tax
50 585
53 779
43 882
45 520
Living cost
22 562
22 562
22 562
22 562
Free-cash
28 023
31 217
21 320
22 958

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17882
₽15655
₽17533
₽13488
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
509
regional
-
-
-
1 289
national
-
-
-
17 119
social contributions
-
-
-
21 992
total
-
-
-
40 909
Employee
55 719
-
85 500
-
social contributions
18 789
-
28 831
-
regional
750
-
1 150
-
municipal
295
-
454
-
national
8 827
-
14 519
-
total
28 661
-
44 954
-
Employer
55 719
-
85 500
-
total
-
-
-
-
Corporate
29 781
85 500
-
-
nationa
7 148
20 520
-
-
municipal
1 479
4 249
-
-
total
8 627
24 769
-
-
Dividends
21 153
60 731
-
-
withholding
5 499
15 791
-
-
total
5 499
15 791
-
-
Income
85 500
85 500
85 500
85 500
Total tax
42 787
40 560
44 954
40 909
After tax
42 713
44 940
40 546
44 591
Living cost
27 058
27 058
27 058
27 058
Free-cash
15 655
17 882
13 488
17 533

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29268
₽18709
₽12044
₽13789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
7 349
health
-
-
-
11 542
solidarity contribution
-
-
-
-
social contributions
-
-
-
24 966
total
-
-
-
43 857
Employee
43 527
-
63 806
-
social contributions
2 829
-
4 147
-
health
5 876
-
8 614
-
solidarity contribution
-
-
-
-
income
5 223
-
7 657
-
total
13 928
-
20 418
-
Employer
43 527
-
63 806
-
social contributions
10 882
-
15 951
-
health
3 917
-
5 743
-
total
14 799
-
21 694
-
Corporate
27 173
85 500
-
-
income
5 163
16 245
-
-
total
5 163
16 245
-
-
Dividends
22 010
69 255
-
-
withholding
3 302
10 388
-
-
total
3 302
10 388
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 192
26 633
42 112
43 857
After tax
48 308
58 867
43 388
41 643
Living cost
29 599
29 599
29 599
29 599
Free-cash
18 709
29 268
13 789
12 044

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16242
₽15746
₽13324
-₽3679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
chamber of commerce
-
-
-
341
income
-
-
-
11 271
pensions
-
-
-
15 817
unemployment
-
-
-
6 161
health
-
-
-
6 540
surtax
-
-
-
-
total
-
-
-
40 130
Employee
43 908
40 030
66 393
-
other
438
400
663
-
health
1 698
1 550
2 570
-
income
3 911
2 953
10 356
-
pensions
4 497
4 098
6 799
-
unemployment
1 317
1 201
1 992
-
total
11 861
10 202
22 380
-
Employer
43 908
40 030
66 393
-
accident
570
520
863
-
other
2 085
1 900
3 153
-
chamber of commerce
175
160
265
-
unemployment
1 317
1 201
1 992
-
surtax
-
-
-
-
pensions
5 511
5 025
8 332
-
payroll
1 317
1 201
1 992
-
health
1 660
1 514
2 510
-
total
12 635
11 521
19 107
-
Corporate
28 956
33 949
62 580
-
income

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

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

7 240
8 488
15 646
-
total
7 240
8 488
15 646
-
Dividends
21 716
25 461
-
-
withholding
5 972
7 001
-
-
total
5 972
7 001
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 708
37 212
57 133
40 130
After tax
47 792
48 288
28 367
45 370
Living cost
32 046
32 046
32 046
32 046
Free-cash
15 746
16 242
-3 679
13 324

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67045
₽64386
₽70465
₽54220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
85 500
microenterprise

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

-
-
-
855
total
-
-
-
855
Employee
17 726
-
85 500
-
income
3 545
-
17 100
-
total
3 545
-
17 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

67 774
85 500
-
-
total
-
-
-
-
Dividends
67 774
85 500
-
-
withholding
3 389
4 275
-
-
total
3 389
4 275
-
-
Income
85 500
85 500
85 500
85 500
Total tax
6 934
4 275
17 100
855
After tax
78 566
81 225
68 400
84 645
Living cost
14 180
14 180
14 180
14 180
Free-cash
64 386
67 045
54 220
70 465

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31925
₽23521
₽17950
₽15497
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
income
-
-
-
16 453
pensions
-
-
-
15 615
unemployment
-
-
-
128
health
-
-
-
8 412
total
-
-
-
40 608
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.

44 418
-
73 981
-
health
2 869
-
4 779
-
income
7 660
-
15 192
-
pensions
6 885
-
11 468
-
unemployment
63
-
103
-
total
17 477
-
31 542
-
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.

44 418
-
73 981
-
unemployment
27
-
44
-
pensions
3 931
-
6 548
-
health
2 958
-
4 927
-
total
6 916
-
11 519
-
Corporate
34 166
85 500
-
-
income
6 492
16 244
-
-
total
6 492
16 244
-
-
Dividends
27 674
69 256
-
-
withholding
4 152
10 389
-
-
total
4 152
10 389
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 037
26 633
43 061
40 608
After tax
50 463
58 867
42 439
44 892
Living cost
26 942
26 942
26 942
26 942
Free-cash
23 521
31 925
15 497
17 950

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8456
-₽65034
₽15525
₽28656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
16 666
social contributions
-
-
-
9 747
total
-
-
-
26 413
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
Corporate
-
85 500
-
-
income
-
18 810
-
-
total
-
18 810
-
-
Dividends
-
66 690
-
-
income
-
14 672
-
-
total
-
14 672
-
-
Income
85 500
85 500
85 500
85 500
Total tax
106 972
33 482
13 282
26 413
After tax
-21 472
52 018
72 218
59 087
Living cost
43 562
43 562
43 562
43 562
Free-cash
-65 034
8 456
28 656
15 525

Estimated living cost  is ₽43562 per week

₽28265
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17126
₽16114
₽16743
₽12967
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
income
-
-
-
7 538
surtax
-
-
-
-
social contributions

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

-
-
-
29 712
total
-
-
-
37 250
Employee
46 198
-
69 092
-
social contributions
5 082
-
7 600
-
surtax
-
-
-
-
income
9 609
-
17 018
-
total
14 691
-
24 618
-
Employer
46 198
-
69 092
-
social contributions
10 972
-
16 408
-
total
10 972
-
16 408
-
Corporate
28 330
85 500
-
-
surtax
-
-
-
-
income
5 949
17 954
-
-
total
5 949
17 954
-
-
Dividends
22 381
67 546
-
-
withholding
6 267
18 913
-
-
total
6 267
18 913
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 879
36 867
41 026
37 250
After tax
47 621
48 633
44 474
48 250
Living cost
31 507
31 507
31 507
31 507
Free-cash
16 114
17 126
12 967
16 743

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5422
₽1481
₽1148
₽1343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
6 029
pensions
-
-
-
23 961
other
-
-
-
2 650
health
-
-
-
761
surtax
-
-
-
-
social contributions
-
-
-
2 436
total
-
-
-
35 837
Employee
62 912
-
65 154
-
social contributions
1 792
-
1 857
-
surtax
-
-
-
-
income
5 489
-
6 071
-
pensions
7 116
-
7 369
-
total
14 397
-
15 297
-
Employer
62 912
-
65 154
-
other
2 171
-
2 247
-
social contributions
189
-
196
-
unemployment
2 549
-
2 638
-
pensions
10 337
-
10 703
-
health
4 403
-
4 561
-
total
19 649
-
20 345
-
Corporate
2 939
85 500
-
-
surtax
-
-
-
-
income
823
23 940
-
-
total
823
23 940
-
-
Dividends
2 116
61 560
-
-
surtax
-
-
-
-
social contributions
364
10 587
-
-
withholding
271
7 880
-
-
total
635
18 467
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 504
42 407
35 642
35 837
After tax
49 996
43 093
49 858
49 663
Living cost
48 515
48 515
48 515
48 515
Free-cash
1 481
-5 422
1 343
1 148

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46757
₽43380
₽35450
₽37848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
1 046
social contributions
-
-
-
18 810
total
-
-
-
19 856
Employee
32 293
-
74 027
-
income
-
-
1 174
-
social contributions
2 099
-
4 811
-
total
2 099
-
5 985
-
Employer
32 293
-
74 027
-
social contributions
5 006
-
11 473
-
total
5 006
-
11 473
-
Corporate
48 202
85 500
-
-
income
4 821
8 549
-
-
total
4 821
8 549
-
-
Dividends
43 381
76 951
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
11 926
8 549
17 458
19 856
After tax
73 574
76 951
68 042
65 644
Living cost
30 194
30 194
30 194
30 194
Free-cash
43 380
46 757
37 848
35 450

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽133345
-₽133345
₽5334
-₽133345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
15 311
pensions
-
-
-
871
national
-
-
-
8 840
labour market
-
-
-
6 770
total
-
-
-
31 792
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
85 500
85 500
85 500
85 500
Total tax
170 471
170 471
170 471
31 792
After tax
-84 971
-84 971
-84 971
53 708
Living cost
48 374
48 374
48 374
48 374
Free-cash
-133 345
-133 345
-133 345
5 334

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14793
₽3595
₽37058
₽21526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
253
income
-
-
-
19 745
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 723
Employee
34 165
-
71 514
-
health
3 912
-
8 188
-
income
4 687
-
12 437
-
pensions
3 847
-
7 645
-
total
12 446
-
28 270
-
Employer
34 165
-
71 514
-
accident
570
-
1 194
-
unemployment
837
-
1 752
-
pensions
5 555
-
11 039
-
total
6 962
-
13 985
-
Corporate
44 372
85 500
-
-
income

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

39 935
76 950
-
-
total
39 935
76 950
-
-
Dividends
4 437
8 550
-
-
withholding
843
1 624
-
-
total
843
1 624
-
-
Income
85 500
85 500
85 500
85 500
Total tax
60 186
78 574
42 255
26 723
After tax
25 314
6 926
43 245
58 777
Living cost
21 719
21 719
21 719
21 719
Free-cash
3 595
-14 793
21 526
37 058

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19428
₽15696
₽23822
₽11394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
85 500
municipal
-
-
-
15 228
health
-
-
-
898
national
-
-
-
6 988
total
-
-
-
23 114
Employee
52 847
-
71 926
-
health
395
-
688
-
municipal
8 656
-
11 755
-
pensions
3 566
-
4 855
-
unemployment
793
-
1 079
-
national
873
-
3 591
-
total
14 283
-
21 968
-
Employer
52 847
-
71 926
-
accident
53
-
72
-
unemployment
343
-
467
-
pensions
9 169
-
12 480
-
health
406
-
555
-
total
9 971
-
13 574
-
Corporate
22 682
85 500
-
-
income
4 537
17 100
-
-
total
4 537
17 100
-
-
Dividends

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

13 609
51 300
-
-
national
-
1 174
-
-
municipal
2 449
9 234
-
-
total
2 449
10 408
-
-
Income
85 500
85 500
85 500
85 500
Total tax
31 240
27 508
35 542
23 114
After tax
54 260
57 992
49 958
62 386
Living cost
38 564
38 564
38 564
38 564
Free-cash
15 696
19 428
11 394
23 822

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and 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

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
₽39415
₽33949
₽39437
₽39351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
7 289
health
-
-
-
2 181
social contributions
-
-
-
13 337
total
-
-
-
22 807
Employee
77 239
77 239
77 622
-
social contributions
2 920
6 410
6 443
-
health
599
1 313
1 319
-
income
8 410
7 150
7 253
-
total
11 929
14 873
15 015
-
Employer
77 239
77 239
77 622
-
social contributions
2 920
6 410
6 443
-
health
650
1 430
1 435
-
total
3 570
7 840
7 878
-
Corporate
46 745
421
-
-
income
5 842
53
-
-
total
5 842
53
-
-
Dividends
40 902
368
-
-
withholding
6 954
63
-
-
total
6 954
63
-
-
Income
85 500
85 500
85 500
85 500
Total tax
28 295
22 829
22 893
22 807
After tax
57 205
62 671
62 607
62 693
Living cost
23 256
23 256
23 256
23 256
Free-cash
33 949
39 415
39 351
39 437

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54854
₽49745
₽51554
₽36837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
85 500
income
-
-
-
7 945
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
17 998
Employee

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

23 056
-
77 515
-
health
1 960
-
6 590
-
income
1 576
-
6 125
-
pensions
3 458
-
11 628
-
unemployment
114
-
387
-
total
7 108
-
24 730
-
Employer

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

23 056
-
77 515
-
unemployment
114
-
387
-
pensions
1 268
-
4 264
-
health
991
-
3 334
-
total
2 373
-
7 985
-
Corporate
60 071
85 500
-
-
income
5 406
7 695
-
-
total
5 406
7 695
-
-
Dividends
54 665
77 805
-
-
withholding
4 920
7 003
-
-
total
4 920
7 003
-
-
Income
85 500
85 500
85 500
85 500
Total tax
19 807
14 698
32 715
17 998
After tax
65 693
70 802
52 785
67 502
Living cost
15 948
15 948
15 948
15 948
Free-cash
49 745
54 854
36 837
51 554

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30019
₽24750
₽17769
₽18375
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
770
income
-
-
-
14 457
pensions
-
-
-
24 197
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
40 109
Employee
37 141
-
64 831
-
other
36
-
65
-
income
7 161
-
14 717
-
pensions
1 746
-
3 048
-
unemployment
576
-
1 005
-
total
9 519
-
18 835
-
Employer
37 141
-
64 831
-
accident
736
-
1 283
-
other
297
-
518
-
unemployment
2 043
-
3 566
-
pensions
8 765
-
15 301
-
total
11 841
-
20 668
-
Corporate
36 518
85 500
-
-
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.

5 478
12 825
-
-
total
5 478
12 825
-
-
Dividends
31 039
72 675
-
-
withholding
6 290
15 034
-
-
total
6 290
15 034
-
-
Income
85 500
85 500
85 500
85 500
Total tax
33 128
27 859
39 503
40 109
After tax
52 372
57 641
45 997
45 391
Living cost
27 622
27 622
27 622
27 622
Free-cash
24 750
30 019
18 375
17 769

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50602
₽50151
₽51210
₽51014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
28 079
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
31 540
Employee
4 189
-
83 243
-
health
209
-
502
-
income
810
-
27 974
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
29 479
-
Employer
4 189
-
83 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
80 368
85 500
-
-
income
17 681
18 810
-
-
total
17 681
18 810
-
-
Dividends
62 687
66 690
-
-
withholding
12 537
13 338
-
-
total
12 537
13 338
-
-
Income
85 500
85 500
85 500
85 500
Total tax
32 599
32 148
31 736
31 540
After tax
52 901
53 352
53 764
53 960
Living cost
2 750
2 750
2 750
2 750
Free-cash
50 151
50 602
51 014
51 210

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44404
₽39463
₽26057
₽26475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
income
-
-
-
14 016
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
42 073
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.

26 193
-
72 519
-
health
1 349
-
3 735
-
income
3 610
-
14 242
-
pensions
3 667
-
10 153
-
unemployment
196
-
544
-
total
8 822
-
28 674
-
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.

26 193
-
72 519
-
unemployment
196
-
544
-
pensions
3 143
-
8 702
-
health
1 349
-
3 735
-
total
4 688
-
12 981
-
Corporate
54 619
85 500
-
-
income
8 193
12 825
-
-
total
8 193
12 825
-
-
Dividends
46 426
72 675
-
-
withholding
6 964
10 901
-
-
total
6 964
10 901
-
-
Income
85 500
85 500
85 500
85 500
Total tax
28 667
23 726
41 655
42 073
After tax
56 833
61 774
43 845
43 427
Living cost
17 370
17 370
17 370
17 370
Free-cash
39 463
44 404
26 475
26 057

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21553
₽21192
₽21170
₽17394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
income
-
-
-
7 538
surtax
-
-
-
-
social contributions

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

-
-
-
29 712
total
-
-
-
37 250
Employee
38 986
-
69 092
-
social contributions
4 289
-
7 600
-
surtax
-
-
-
-
income
7 618
-
17 018
-
total
11 907
-
24 618
-
Employer
38 986
-
69 092
-
social contributions
9 258
-
16 408
-
total
9 258
-
16 408
-
Corporate
37 256
85 500
-
-
surtax
-
-
-
-
income
7 823
17 954
-
-
total
7 823
17 954
-
-
Dividends
29 433
67 546
-
-
withholding
8 240
18 913
-
-
total
8 240
18 913
-
-
Income
85 500
85 500
85 500
85 500
Total tax
37 228
36 867
41 026
37 250
After tax
48 272
48 633
44 474
48 250
Living cost
27 080
27 080
27 080
27 080
Free-cash
21 192
21 553
17 394
21 170

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22339
₽14679
₽10089
₽10695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
770
income
-
-
-
14 457
pensions
-
-
-
24 197
other
-
-
-
86
unemployment
-
-
-
599
total
-
-
-
40 109
Employee
48 511
-
64 831
-
other
48
-
65
-
income
10 132
-
14 717
-
pensions
2 280
-
3 048
-
unemployment
751
-
1 005
-
total
13 211
-
18 835
-
Employer
48 511
-
64 831
-
accident
961
-
1 283
-
other
389
-
518
-
unemployment
2 669
-
3 566
-
pensions
11 448
-
15 301
-
total
15 467
-
20 668
-
Corporate
21 522
85 500
-
-
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.

3 229
12 825
-
-
total
3 229
12 825
-
-
Dividends
18 293
72 675
-
-
withholding
3 612
15 034
-
-
total
3 612
15 034
-
-
Income
85 500
85 500
85 500
85 500
Total tax
35 519
27 859
39 503
40 109
After tax
49 981
57 641
45 997
45 391
Living cost
35 302
35 302
35 302
35 302
Free-cash
14 679
22 339
10 695
10 089

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55827
₽49707
₽46033
₽48399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
12 825
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
22 191
Employee
22 876
-
78 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
7 862
-
pensions

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

2 008
-
3 080
-
total
5 599
-
12 942
-
Employer
22 876
-
78 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
58 135
85 500
-
-
income
5 814
8 550
-
-
total
5 814
8 550
-
-
Dividends
52 322
76 950
-
-
withholding
2 616
3 847
-
-
total
2 616
3 847
-
-
Income
85 500
85 500
85 500
85 500
Total tax
18 517
12 397
19 825
22 191
After tax
66 983
73 103
65 675
63 309
Living cost
17 276
17 276
17 276
17 276
Free-cash
49 707
55 827
48 399
46 033

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5371
₽18514
₽18105
₽23673
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
trade
-
-
-
5 568
income

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

-
-
-
15 341
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.

-
-
-
6 862
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.

-
-
-
844
total
-
-
-
28 615
Employee

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

49 979
-
85 500
-
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.

6 862
-
6 862
-
surtax

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

227
-
844
-
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.

4 110
-
15 341
-
total
11 199
-
23 047
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 521
85 500
-
-
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.

294
705
-
-
income
5 328
12 825
-
-
trade
5 097
12 270
-
-
chamber of commerce
204
278
-
-
total
10 923
26 078
-
-
Dividends
24 599
59 422
-
-
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.

316
797
-
-
withholding
5 768
14 474
-
-
total
6 084
15 271
-
-
Income
85 500
85 500
85 500
85 500
Total tax
28 206
41 349
23 047
28 615
After tax
57 294
44 151
62 453
56 885
Living cost
38 780
38 780
38 780
38 780
Free-cash
18 514
5 371
23 673
18 105

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2631
₽4850
₽3395
₽3395
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
17 598
social contributions
-
-
-
7 288
total
-
-
-
24 886
Employee
78 572
-
85 500
-
income
14 826
-
17 598
-
social contributions
6 528
-
7 288
-
total
21 354
-
24 886
-
Employer
78 572
-
85 500
-
total
-
-
-
-
Corporate
6 928
85 500
-
-
income
865
10 688
-
-
total
865
10 688
-
-
Dividends
6 063
74 812
-
-
withholding
1 212
14 962
-
-
total
1 212
14 962
-
-
Income
85 500
85 500
85 500
85 500
Total tax
23 431
25 650
24 886
24 886
After tax
62 069
59 850
60 614
60 614
Living cost
57 219
57 219
57 219
57 219
Free-cash
4 850
2 631
3 395
3 395

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13805
₽19228
₽13713
₽26095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
80 879
-
income
5 000
-
13 700
-
social contributions
4 617
-
4 621
-
total
9 617
-
18 321
-
Employer
46 079
-
80 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
34 804
85 500
-
-
income
12 182
29 925
-
-
total
12 182
29 925
-
-
Dividends
22 622
55 575
-
-
social contributions
3 393
5 307
-
-
total
3 393
5 307
-
-
Income
85 500
85 500
85 500
85 500
Total tax
29 809
35 232
22 942
35 324
After tax
55 691
50 268
62 558
50 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
19 228
13 805
26 095
13 713

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26797
₽21137
₽26320
₽16767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
income
-
-
-
15 896
pensions
-
-
-
6 021
total
-
-
-
21 917
Employee
51 149
-
75 531
-
health
667
-
1 167
-
income
9 315
-
13 506
-
pensions
3 904
-
6 831
-
total
13 886
-
21 504
-
Employer
51 149
-
75 531
-
pensions
5 168
-
8 530
-
health
972
-
1 436
-
total
6 140
-
9 966
-
Corporate
28 211
85 500
-
-
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.

5 360
16 246
-
-
total
5 360
16 246
-
-
Dividends
22 851
69 254
-
-
withholding
1 714
5 194
-
-
total
1 714
5 194
-
-
Income
85 500
85 500
85 500
85 500
Total tax
27 100
21 440
31 470
21 917
After tax
58 400
64 060
54 030
63 583
Living cost
37 263
37 263
37 263
37 263
Free-cash
21 137
26 797
16 767
26 320

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16943
₽3263
₽34908
₽19376
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
accident
-
-
-
253
income
-
-
-
19 745
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
26 723
Employee
37 547
-
71 514
-
health
4 299
-
8 188
-
income
5 151
-
12 437
-
pensions
4 228
-
7 645
-
total
13 678
-
28 270
-
Employer
37 547
-
71 514
-
accident
627
-
1 194
-
unemployment
920
-
1 752
-
pensions
6 105
-
11 039
-
total
7 652
-
13 985
-
Corporate
40 302
85 500
-
-
income

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

36 272
76 950
-
-
total
36 272
76 950
-
-
Dividends
4 030
8 550
-
-
withholding
766
1 624
-
-
total
766
1 624
-
-
Income
85 500
85 500
85 500
85 500
Total tax
58 368
78 574
42 255
26 723
After tax
27 132
6 926
43 245
58 777
Living cost
23 869
23 869
23 869
23 869
Free-cash
3 263
-16 943
19 376
34 908

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59109
₽54225
₽35708
₽37134
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
85 500
work injury
-
-
-
427
health insurance
-
-
-
6 327
income
-
-
-
12 714
pensions
-
-
-
15 732
unemployment
-
-
-
1 026
total
-
-
-
36 226
Employee

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

21 706
-
85 500
-
work injury
109
-
402
-
income
2 171
-
12 714
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
34 800
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 794
85 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
63 794
85 500
-
-
withholding
9 569
12 825
-
-
total
9 569
12 825
-
-
Income
85 500
85 500
85 500
85 500
Total tax
17 709
12 825
34 800
36 226
After tax
67 791
72 675
50 700
49 274
Living cost
13 566
13 566
13 566
13 566
Free-cash
54 225
59 109
37 134
35 708

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5020
₽450
₽4231
₽322
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
85 500
municipal
-
-
-
572
regional
-
-
-
1 570
national
-
-
-
17 119
social contributions
-
-
-
21 992
total
-
-
-
41 253
Employee
84 643
-
85 500
-
social contributions
28 541
-
28 831
-
regional
1 278
-
1 301
-
municipal
505
-
511
-
national
14 304
-
14 519
-
total
44 628
-
45 162
-
Employer
84 643
-
85 500
-
total
-
-
-
-
Corporate
857
85 500
-
-
nationa
206
20 520
-
-
municipal
42
4 121
-
-
total
248
24 641
-
-
Dividends
609
60 859
-
-
withholding
158
15 823
-
-
total
158
15 823
-
-
Income
85 500
85 500
85 500
85 500
Total tax
45 034
40 464
45 162
41 253
After tax
40 466
45 036
40 338
44 247
Living cost
40 016
40 016
40 016
40 016
Free-cash
450
5 020
322
4 231

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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