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
₽ 86500
per

Your estimated
City
free-cash

Dresden , Germany
₽13209
₽24373
₽26318
₽32552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
trade
-
-
-
6 234
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.

-
-
-
15 627
health

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

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

-
-
-
6 894
surtax

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

-
-
-
860
total
-
-
-
29 615
Employee

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

38 599
-
86 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
860
-
income

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

1 078
-
15 627
-
total
8 031
-
23 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 901
86 500
-
-
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.

395
714
-
-
income
7 185
12 975
-
-
trade
7 544
13 624
-
-
chamber of commerce
222
278
-
-
total
15 346
27 591
-
-
Dividends
32 556
58 909
-
-
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.

427
789
-
-
withholding
7 756
14 344
-
-
total
8 183
15 133
-
-
Income
86 500
86 500
86 500
86 500
Total tax
31 560
42 724
23 381
29 615
After tax
54 940
43 776
63 119
56 885
Living cost
30 567
30 567
30 567
30 567
Free-cash
24 373
13 209
32 552
26 318

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2982
₽276
₽1673
₽2353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
8 834
pensions
-
-
-
10 380
national
-
-
-
13 689
social contributions
-
-
-
930
total
-
-
-
33 833
Employee
79 050
-
74 778
-
municipal
9 764
-
9 169
-
pensions
3 162
-
2 991
-
national
15 130
-
14 207
-
total
28 056
-
26 367
-
Employer
79 050
-
74 778
-
social contributions
850
-
804
-
pensions
6 324
-
5 982
-
total
7 174
-
6 786
-
Corporate
-
86 500
-
-
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%.

-
17 300
-
-
total
-
17 300
-
-
Dividends
-
69 200
-
-
withholding
-
15 224
-
-
total
-
15 224
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 230
32 524
33 153
33 833
After tax
51 270
53 976
53 347
52 667
Living cost
50 994
50 994
50 994
50 994
Free-cash
276
2 982
2 353
1 673

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽48204
₽39928
₽25346
₽27926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
microenterprise
-
-
-
-
income
-
-
-
12 350
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.

-
-
-
27 809
total
-
-
-
40 159
Employee
29 488
-
69 707
-
social contributions

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

3 244
-
7 668
-
surtax
-
-
-
-
income
5 249
-
13 120
-
total
8 493
-
20 788
-
Employer
29 488
-
69 707
-
social contributions

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

7 103
-
16 791
-
surtax
-
-
-
-
total
7 103
-
16 791
-
Corporate
49 909
86 500
-
-
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%.

9 981
17 301
-
-
total
9 981
17 301
-
-
Dividends

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

39 927
69 199
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
25 577
17 301
37 579
40 159
After tax
60 923
69 199
48 921
46 341
Living cost
20 995
20 995
20 995
20 995
Free-cash
39 928
48 204
27 926
25 346

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽8047
-₽13712
₽6901
-₽13712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
14 229
pensions
-
-
-
11 824
health
-
-
-
11 270
total
-
-
-
37 323
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
57 936
52 271
57 936
37 323
After tax
28 564
34 229
28 564
49 177
Living cost
42 276
42 276
42 276
42 276
Free-cash
-13 712
-8 047
-13 712
6 901

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8239
₽7363
₽4342
₽7202
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
18 412
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
43 168
Employee
55 558
-
65 819
-
municipal
16 567
-
19 627
-
national
-
-
-
-
total
16 567
-
19 627
-
Employer
55 558
-
65 819
-
accident
111
-
132
-
other
6 456
-
7 648
-
unemployment
1 467
-
1 738
-
pensions
6 006
-
7 115
-
health
3 417
-
4 048
-
total
17 457
-
20 681
-
Corporate
13 486
86 500
-
-
income
2 967
19 030
-
-
total
2 967
19 030
-
-
Dividends
10 519
67 470
-
-
withholding
3 156
20 241
-
-
total
3 156
20 241
-
-
Income
86 500
86 500
86 500
86 500
Total tax
40 147
39 271
40 308
43 168
After tax
46 353
47 229
46 192
43 332
Living cost
38 990
38 990
38 990
38 990
Free-cash
7 363
8 239
7 202
4 342

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽3688
₽17871
₽16964
₽23475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
trade
-
-
-
6 511
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.

-
-
-
15 627
health

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

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

-
-
-
6 894
surtax

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

-
-
-
860
total
-
-
-
29 892
Employee

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

51 177
-
86 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
860
-
income

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

4 397
-
15 627
-
total
11 532
-
23 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 323
86 500
-
-
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.

291
714
-
-
income
5 299
12 975
-
-
trade
5 810
14 229
-
-
chamber of commerce
203
276
-
-
total
11 603
28 194
-
-
Dividends
23 720
58 306
-
-
surtax

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

304
781
-
-
withholding
5 546
14 193
-
-
total
5 850
14 974
-
-
Income
86 500
86 500
86 500
86 500
Total tax
28 985
43 168
23 381
29 892
After tax
57 515
43 332
63 119
56 608
Living cost
39 644
39 644
39 644
39 644
Free-cash
17 871
3 688
23 475
16 964

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽30671
₽26482
₽30597
₽30511
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
7 471
health
-
-
-
2 206
social contributions
-
-
-
13 494
total
-
-
-
23 171
Employee
77 600
77 600
78 529
-
social contributions
3 771
6 440
6 517
-
health
772
1 319
1 335
-
income
8 149
7 183
7 434
-
total
12 692
14 942
15 286
-
Employer
77 600
77 600
78 529
-
social contributions
3 771
6 440
6 517
-
health
841
1 436
1 454
-
total
4 612
7 876
7 971
-
Corporate
36 465
1 023
-
-
income
4 558
128
-
-
total
4 558
128
-
-
Dividends
31 907
895
-
-
withholding
5 424
151
-
-
total
5 424
151
-
-
Income
86 500
86 500
86 500
86 500
Total tax
27 286
23 097
23 257
23 171
After tax
59 214
63 403
63 243
63 329
Living cost
32 732
32 732
32 732
32 732
Free-cash
26 482
30 671
30 511
30 597

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30447
₽30827
₽41585
₽31808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
10 575
pensions
-
-
-
8 650
unemployment
-
-
-
1 298
health
-
-
-
6 055
total
-
-
-
26 578
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.

26 470
10 535
72 385
-
health
1 853
737
5 067
-
income
3 236
1 288
8 849
-
pensions
2 647
1 053
7 238
-
unemployment
397
158
1 086
-
total
8 133
3 236
22 240
-
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.

26 470
10 535
72 385
-
pensions
5 162
2 054
14 115
-
total
5 162
2 054
14 115
-
Corporate
54 869
73 911
-
-
income
4 938
6 652
-
-
total
4 938
6 652
-
-
Dividends
49 931
67 259
-
-
social contributions
9 616
12 995
-
-
withholding
9 487
12 779
-
-
total
19 103
25 774
-
-
Income
86 500
86 500
86 500
86 500
Total tax
37 336
37 716
36 355
26 578
After tax
49 164
48 784
50 145
59 922
Living cost
18 337
18 337
18 337
18 337
Free-cash
30 827
30 447
31 808
41 585

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44824
₽38555
₽21989
₽25484
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
11 590
pensions
-
-
-
17 301
health
-
-
-
11 245
total
-
-
-
40 136
Employee
28 629
-
64 649
-
income
3 223
-
12 465
-
pensions
573
-
1 293
-
unemployment
458
-
1 034
-
total
4 254
-
14 792
-
Employer
28 629
-
64 649
-
unemployment
230
-
517
-
pensions
5 726
-
12 929
-
health
3 721
-
8 403
-
total
9 677
-
21 849
-
Corporate
48 195
86 500
-
-
income
9 639
17 301
-
-
total
9 639
17 301
-
-
Dividends
38 556
69 199
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
23 570
17 301
36 641
40 136
After tax
62 930
69 199
49 859
46 364
Living cost
24 375
24 375
24 375
24 375
Free-cash
38 555
44 824
25 484
21 989

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15063
₽3620
₽37387
₽21748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
253
income
-
-
-
20 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 044
Employee
34 715
-
72 463
-
health
3 975
-
8 297
-
income
4 763
-
12 696
-
pensions
3 909
-
7 653
-
total
12 647
-
28 646
-
Employer
34 715
-
72 463
-
accident
580
-
1 210
-
unemployment
850
-
1 775
-
pensions
5 645
-
11 052
-
total
7 075
-
14 037
-
Corporate
44 710
86 500
-
-
income

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

40 239
77 850
-
-
total
40 239
77 850
-
-
Dividends
4 471
8 650
-
-
withholding
850
1 644
-
-
total
850
1 644
-
-
Income
86 500
86 500
86 500
86 500
Total tax
60 811
79 494
42 683
27 044
After tax
25 689
7 006
43 817
59 456
Living cost
22 069
22 069
22 069
22 069
Free-cash
3 620
-15 063
21 748
37 387

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73096
₽71394
₽76556
₽60121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
86 500
microenterprise

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

-
-
-
865
total
-
-
-
865
Employee
11 349
-
86 500
-
income
2 269
-
17 300
-
total
2 269
-
17 300
-
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%.

75 151
86 500
-
-
total
-
-
-
-
Dividends
75 151
86 500
-
-
withholding
3 758
4 325
-
-
total
3 758
4 325
-
-
Income
86 500
86 500
86 500
86 500
Total tax
6 027
4 325
17 300
865
After tax
80 473
82 175
69 200
85 635
Living cost
9 079
9 079
9 079
9 079
Free-cash
71 394
73 096
60 121
76 556

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽36661
₽29846
₽19950
₽23812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
10 987
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.

-
-
-
20 760
other
-
-
-
4 108
health
-
-
-
3 805
total
-
-
-
39 660
Employee
36 642
-
69 088
-
health
513
-
967
-
income
6 308
-
11 893
-
pensions

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

2 564
-
4 836
-
unemployment
366
-
691
-
total
9 751
-
18 387
-
Employer
36 642
-
69 088
-
accident
293
-
553
-
other
1 833
-
3 455
-
unemployment
366
-
691
-
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.

6 230
-
11 745
-
health
513
-
967
-
total
9 235
-
17 411
-
Corporate
40 624
86 500
-
-
income
8 532
18 165
-
-
total
8 532
18 165
-
-
Dividends
32 092
68 335
-
-
withholding
2 246
4 784
-
-
total
2 246
4 784
-
-
Income
86 500
86 500
86 500
86 500
Total tax
29 764
22 949
35 798
39 660
After tax
56 736
63 551
50 702
46 840
Living cost
26 890
26 890
26 890
26 890
Free-cash
29 846
36 661
23 812
19 950

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽2916
-₽22457
-₽3402
-₽13074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
16 080
pensions
-
-
-
6 095
total
-
-
-
22 175
Employee
95 823
-
76 413
-
health
1 579
-
1 182
-
income
17 273
-
13 662
-
pensions
9 244
-
6 916
-
total
28 096
-
21 760
-
Employer
95 823
-
76 413
-
pensions
11 314
-
8 635
-
health
1 820
-
1 452
-
total
13 134
-
10 087
-
Corporate
-
86 500
-
-
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.

-
16 435
-
-
total
-
16 435
-
-
Dividends
-
70 065
-
-
withholding
-
5 254
-
-
total
-
5 254
-
-
Income
86 500
86 500
86 500
86 500
Total tax
41 230
21 689
31 847
22 175
After tax
45 270
64 811
54 653
64 325
Living cost
67 727
67 727
67 727
67 727
Free-cash
-22 457
-2 916
-13 074
-3 402

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽60718
₽56028
₽50869
₽53275
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
12 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 392
Employee
17 531
-
79 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
7 958
-
pensions

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

1 539
-
3 097
-
total
4 291
-
13 065
-
Employer
17 531
-
79 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
65 529
86 500
-
-
income
6 553
8 650
-
-
total
6 553
8 650
-
-
Dividends
58 977
77 850
-
-
withholding
2 949
3 893
-
-
total
2 949
3 893
-
-
Income
86 500
86 500
86 500
86 500
Total tax
17 233
12 543
19 986
22 392
After tax
69 267
73 957
66 514
64 108
Living cost
13 239
13 239
13 239
13 239
Free-cash
56 028
60 718
53 275
50 869

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽21731
-₽23444
-₽6783
-₽27396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
14 229
pensions
-
-
-
11 824
health
-
-
-
11 270
total
-
-
-
37 323
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
53 984
52 271
57 936
37 323
After tax
32 516
34 229
28 564
49 177
Living cost
55 960
55 960
55 960
55 960
Free-cash
-23 444
-21 731
-27 396
-6 783

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽35385
₽26763
₽17960
₽19725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
7 435
health
-
-
-
11 677
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 258
total
-
-
-
44 370
Employee
35 544
-
64 552
-
social contributions
2 310
-
4 196
-
health
4 798
-
8 715
-
solidarity contribution
-
-
-
-
income
4 265
-
7 746
-
total
11 373
-
20 657
-
Employer
35 544
-
64 552
-
social contributions
8 886
-
16 138
-
health
3 199
-
5 810
-
total
12 085
-
21 948
-
Corporate
38 871
86 500
-
-
income
7 386
16 435
-
-
total
7 386
16 435
-
-
Dividends
31 486
70 065
-
-
withholding
4 723
10 510
-
-
total
4 723
10 510
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 567
26 945
42 605
44 370
After tax
50 933
59 555
43 895
42 130
Living cost
24 170
24 170
24 170
24 170
Free-cash
26 763
35 385
19 725
17 960

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽3568
-₽3188
₽2859
-₽1259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
513
regional
-
-
-
929
national
-
-
-
17 368
social contributions
-
-
-
22 248
total
-
-
-
41 058
Employee
89 689
-
86 500
-
social contributions
30 243
-
29 169
-
regional
846
-
810
-
municipal
475
-
458
-
national
15 541
-
14 739
-
total
47 105
-
45 176
-
Employer
89 689
-
86 500
-
total
-
-
-
-
Corporate
-
86 500
-
-
nationa
-
20 760
-
-
municipal
-
3 374
-
-
total
-
24 134
-
-
Dividends
-
62 366
-
-
withholding
-
16 215
-
-
total
-
16 215
-
-
Income
86 500
86 500
86 500
86 500
Total tax
47 105
40 349
45 176
41 058
After tax
39 395
46 151
41 324
45 442
Living cost
42 583
42 583
42 583
42 583
Free-cash
-3 188
3 568
-1 259
2 859

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32138
₽28999
₽23713
₽22056
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
15 202
pensions
-
-
-
17 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 142
surtax
-
-
-
1 643
total
-
-
-
40 518
Employee
33 373
-
71 459
-
other
-
-
-
-
health
852
-
1 821
-
surtax
109
-
1 454
-
income
5 594
-
14 118
-
pensions
2 225
-
4 767
-
unemployment
2 323
-
4 973
-
total
11 103
-
27 133
-
Employer
33 373
-
71 459
-
other
-
-
-
-
unemployment
1 057
-
2 266
-
pensions
4 449
-
9 526
-
health
1 519
-
3 250
-
total
7 025
-
15 042
-
Corporate
46 103
86 500
-
-
income
11 987
22 491
-
-
total
11 987
22 491
-
-
Dividends
34 116
64 009
-
-
withholding
5 117
9 602
-
-
total
5 117
9 602
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 232
32 093
42 175
40 518
After tax
51 268
54 407
44 325
45 982
Living cost
22 269
22 269
22 269
22 269
Free-cash
28 999
32 138
22 056
23 713

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽18542
₽10573
₽18056
₽8384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
16 080
pensions
-
-
-
6 095
total
-
-
-
22 175
Employee
64 218
-
76 413
-
health
932
-
1 182
-
income
11 566
-
13 662
-
pensions
5 451
-
6 916
-
total
17 949
-
21 760
-
Employer
64 218
-
76 413
-
pensions
6 952
-
8 635
-
health
1 220
-
1 452
-
total
8 172
-
10 087
-
Corporate
14 110
86 500
-
-
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.

2 681
16 435
-
-
total
2 681
16 435
-
-
Dividends
11 430
70 065
-
-
withholding
856
5 254
-
-
total
856
5 254
-
-
Income
86 500
86 500
86 500
86 500
Total tax
29 658
21 689
31 847
22 175
After tax
56 842
64 811
54 653
64 325
Living cost
46 269
46 269
46 269
46 269
Free-cash
10 573
18 542
8 384
18 056

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽36718
-₽11263
-₽3689
-₽8120
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
city
-
-
-
911
pensions
-
-
-
7 957
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.

-
-
-
1 730
regional
-
-
-
2 682
health
-
-
-
249
national
-
-
-
387
total
-
-
-
13 916
Employee
89 259
-
77 422
-
city
958
-
833
-
regional
2 923
-
2 282
-
health
202
-
174
-
pensions
7 499
-
6 504
-
unemployment
-
-
-
-
national
422
-
328
-
total
12 004
-
10 121
-
Employer
89 259
-
77 422
-
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.

1 785
-
1 548
-
unemployment
-
-
-
-
pensions
7 499
-
6 504
-
health
202
-
174
-
total
9 486
-
8 226
-
Corporate
-
86 500
-
-
regional
-
18 295
-
-
national
-
7 352
-
-
total
-
25 647
-
-
Dividends
-
60 853
-
-
withholding
-
21 298
-
-
total
-
21 298
-
-
Income
86 500
86 500
86 500
86 500
Total tax
21 490
46 945
18 347
13 916
After tax
65 010
39 555
68 153
72 584
Living cost
76 273
76 273
76 273
76 273
Free-cash
-11 263
-36 718
-8 120
-3 689

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽3343
₽13021
₽10099
₽16888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
trade
-
-
-
6 789
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.

-
-
-
15 627
health

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

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

-
-
-
6 894
surtax

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

-
-
-
860
total
-
-
-
30 170
Employee

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

60 649
-
86 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
860
-
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.

7 132
-
15 627
-
total
14 419
-
23 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
25 851
86 500
-
-
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.

213
714
-
-
income
3 878
12 975
-
-
trade
4 433
14 834
-
-
chamber of commerce
190
276
-
-
total
8 714
28 799
-
-
Dividends
17 137
57 701
-
-
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.

214
772
-
-
withholding
3 901
14 041
-
-
total
4 115
14 813
-
-
Income
86 500
86 500
86 500
86 500
Total tax
27 248
43 612
23 381
30 170
After tax
59 252
42 888
63 119
56 330
Living cost
46 230
46 230
46 230
46 230
Free-cash
13 021
-3 343
16 888
10 099

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9067
₽15033
₽15696
₽15838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
6 200
pensions
-
-
-
24 123
other
-
-
-
2 681
health
-
-
-
808
surtax
-
-
-
-
social contributions
-
-
-
2 465
total
-
-
-
36 277
Employee
43 191
-
65 915
-
social contributions
1 231
-
1 879
-
surtax
-
-
-
-
income
2 549
-
6 216
-
pensions
4 883
-
7 455
-
total
8 663
-
15 550
-
Employer
43 191
-
65 915
-
other
1 490
-
2 273
-
social contributions
130
-
197
-
unemployment
1 748
-
2 670
-
pensions
7 095
-
10 832
-
health
3 024
-
4 613
-
total
13 487
-
20 585
-
Corporate
29 821
86 500
-
-
surtax
-
-
-
-
income
8 350
24 220
-
-
total
8 350
24 220
-
-
Dividends
21 471
62 280
-
-
surtax
-
-
-
-
social contributions
3 692
10 713
-
-
withholding
2 748
7 973
-
-
total
6 440
18 686
-
-
Income
86 500
86 500
86 500
86 500
Total tax
36 940
42 906
36 135
36 277
After tax
49 560
43 594
50 365
50 223
Living cost
34 527
34 527
34 527
34 527
Free-cash
15 033
9 067
15 838
15 696

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12488
₽18098
₽19117
₽19259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
6 200
pensions
-
-
-
24 123
other
-
-
-
2 681
health
-
-
-
808
surtax
-
-
-
-
social contributions
-
-
-
2 465
total
-
-
-
36 277
Employee
38 554
-
65 915
-
social contributions
1 099
-
1 879
-
surtax
-
-
-
-
income
1 988
-
6 216
-
pensions
4 361
-
7 455
-
total
7 448
-
15 550
-
Employer
38 554
-
65 915
-
other
1 331
-
2 273
-
social contributions
115
-
197
-
unemployment
1 561
-
2 670
-
pensions
6 335
-
10 832
-
health
2 698
-
4 613
-
total
12 040
-
20 585
-
Corporate
35 906
86 500
-
-
surtax
-
-
-
-
income
10 054
24 220
-
-
total
10 054
24 220
-
-
Dividends
25 852
62 280
-
-
surtax
-
-
-
-
social contributions
4 445
10 713
-
-
withholding
3 309
7 973
-
-
total
7 754
18 686
-
-
Income
86 500
86 500
86 500
86 500
Total tax
37 296
42 906
36 135
36 277
After tax
49 204
43 594
50 365
50 223
Living cost
31 106
31 106
31 106
31 106
Free-cash
18 098
12 488
19 259
19 117

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31375
₽31899
₽34151
₽35048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
12 975
health
-
-
-
6 038
social contributions
-
-
-
11 937
total
-
-
-
30 950
Employee
34 217
-
86 500
-
social contributions
4 723
-
11 937
-
health
2 388
-
6 038
-
income
5 707
-
12 078
-
total
12 818
-
30 053
-
Employer
34 217
-
86 500
-
total
-
-
-
-
Corporate
52 283
86 500
-
-
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%.

2 614
4 324
-
-
total
2 614
4 324
-
-
Dividends
49 669
82 176
-
-
health
3 466
5 736
-
-
social contributions
6 854
11 341
-
-
withholding
7 450
12 325
-
-
total
17 770
29 402
-
-
Income
86 500
86 500
86 500
86 500
Total tax
33 202
33 726
30 053
30 950
After tax
53 298
52 774
56 447
55 550
Living cost
21 399
21 399
21 399
21 399
Free-cash
31 899
31 375
35 048
34 151

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13172
₽11611
₽10007
-₽6970
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
chamber of commerce
-
-
-
347
income
-
-
-
11 579
pensions
-
-
-
16 002
unemployment
-
-
-
6 190
health
-
-
-
6 617
surtax
-
-
-
199
total
-
-
-
40 934
Employee
50 434
40 217
67 012
-
other
504
402
670
-
health
1 951
1 557
2 593
-
income
5 741
2 966
10 493
-
pensions
5 165
4 117
6 862
-
unemployment
1 513
1 207
2 011
-
total
14 874
10 249
22 629
-
Employer
50 434
40 217
67 012
-
accident
655
523
871
-
other
2 396
1 909
3 183
-
chamber of commerce
201
161
268
-
unemployment
1 513
1 207
2 011
-
surtax
199
199
199
-
pensions
6 329
5 048
8 409
-
payroll
1 513
1 207
2 011
-
health
1 906
1 521
2 534
-
total
14 712
11 775
19 486
-
Corporate
21 355
34 509
63 184
-
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.

5 339
8 627
15 796
-
total
5 339
8 627
15 796
-
Dividends
16 015
25 882
-
-
withholding
4 405
7 118
-
-
total
4 405
7 118
-
-
Income
86 500
86 500
86 500
86 500
Total tax
39 330
37 769
57 911
40 934
After tax
47 170
48 731
28 589
45 566
Living cost
35 559
35 559
35 559
35 559
Free-cash
11 611
13 172
-6 970
10 007

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽11768
-₽6699
₽5403
-₽2210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
national
-
-
-
27 157
communal

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

-
-
-
4 428
social contributions
-
-
-
12 716
total
-
-
-
44 301
Employee

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

72 186
-
66 995
-
communal

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

3 765
-
3 495
-
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.

3 392
-
3 148
-
pensions

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

5 414
-
5 025
-
unemployment

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

628
-
582
-
national
22 193
-
20 161
-
total
35 392
-
32 411
-
Employer

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

72 186
-
66 995
-
accident

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

938
-
871
-
unemployment

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

1 053
-
979
-
surtax
8 185
-
7 599
-
pensions

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

6 396
-
5 935
-
health

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

4 439
-
4 119
-
total
21 011
-
19 503
-
Corporate
-
86 500
-
-
surtax
-
347
-
-
income
-
17 301
-
-
total
-
17 648
-
-
Dividends
-
68 852
-
-
withholding

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

-
20 288
-
-
total
-
20 288
-
-
Income
86 500
86 500
86 500
86 500
Total tax
56 403
37 936
51 914
44 301
After tax
30 097
48 564
34 586
42 199
Living cost
36 796
36 796
36 796
36 796
Free-cash
-6 699
11 768
-2 210
5 403

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21870
₽13832
₽9455
₽10069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
779
income
-
-
-
14 651
pensions
-
-
-
24 479
other
-
-
-
86
unemployment
-
-
-
605
total
-
-
-
40 600
Employee
50 234
-
65 587
-
other
50
-
65
-
income
10 599
-
14 914
-
pensions
2 361
-
3 083
-
unemployment
779
-
1 017
-
total
13 789
-
19 079
-
Employer
50 234
-
65 587
-
accident
994
-
1 298
-
other
400
-
523
-
unemployment
2 763
-
3 608
-
pensions
11 854
-
15 478
-
total
16 011
-
20 907
-
Corporate
20 254
86 500
-
-
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.

3 037
12 975
-
-
total
3 037
12 975
-
-
Dividends
17 217
73 525
-
-
withholding
3 386
15 210
-
-
total
3 386
15 210
-
-
Income
86 500
86 500
86 500
86 500
Total tax
36 223
28 185
39 986
40 600
After tax
50 277
58 315
46 514
45 900
Living cost
36 445
36 445
36 445
36 445
Free-cash
13 832
21 870
10 069
9 455

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽1501
-₽7707
-₽3769
₽478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
730
income
-
-
-
5 898
pensions
-
-
-
12 965
health
-
-
-
6 078
surtax
-
-
-
4 288
communal
-
-
-
5 468
total
-
-
-
35 427
Employee
76 423
-
77 265
-
health
3 401
-
3 439
-
surtax
4 684
-
4 736
-
income
7 382
-
7 589
-
pensions
6 113
-
6 182
-
total
21 580
-
21 946
-
Employer
76 423
-
77 265
-
accident
688
-
695
-
pensions
6 113
-
6 182
-
health
2 331
-
2 357
-
total
9 132
-
9 234
-
Corporate
945
86 500
-
-
surtax
10
908
-
-
communal
-
5 839
-
-
income
142
12 975
-
-
total
152
19 722
-
-
Dividends
794
66 778
-
-
income
8 382
3 421
-
-
withholding
119
10 016
-
-
total
8 501
13 437
-
-
Income
86 500
86 500
86 500
86 500
Total tax
39 365
33 159
31 180
35 427
After tax
47 135
53 341
55 320
51 073
Living cost
54 842
54 842
54 842
54 842
Free-cash
-7 707
-1 501
478
-3 769

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31740
₽28533
₽23315
₽21658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
15 202
pensions
-
-
-
17 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 142
surtax
-
-
-
1 643
total
-
-
-
40 518
Employee
33 985
-
71 459
-
other
-
-
-
-
health
868
-
1 821
-
surtax
121
-
1 454
-
income
5 697
-
14 118
-
pensions
2 267
-
4 767
-
unemployment
2 365
-
4 973
-
total
11 318
-
27 133
-
Employer
33 985
-
71 459
-
other
-
-
-
-
unemployment
1 078
-
2 266
-
pensions
4 531
-
9 526
-
health
1 545
-
3 250
-
total
7 154
-
15 042
-
Corporate
45 360
86 500
-
-
income
11 793
22 491
-
-
total
11 793
22 491
-
-
Dividends
33 567
64 009
-
-
withholding
5 035
9 602
-
-
total
5 035
9 602
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 300
32 093
42 175
40 518
After tax
51 200
54 407
44 325
45 982
Living cost
22 667
22 667
22 667
22 667
Free-cash
28 533
31 740
21 658
23 315

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽18282
₽16040
₽17881
₽13786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
513
regional
-
-
-
1 305
national
-
-
-
17 368
social contributions
-
-
-
22 248
total
-
-
-
41 434
Employee
55 980
-
86 500
-
social contributions
18 877
-
29 169
-
regional
754
-
1 163
-
municipal
297
-
458
-
national
8 869
-
14 739
-
total
28 797
-
45 529
-
Employer
55 980
-
86 500
-
total
-
-
-
-
Corporate
30 520
86 500
-
-
nationa
7 325
20 760
-
-
municipal
1 517
4 299
-
-
total
8 842
25 059
-
-
Dividends
21 678
61 441
-
-
withholding
5 636
15 974
-
-
total
5 636
15 974
-
-
Income
86 500
86 500
86 500
86 500
Total tax
43 275
41 033
45 529
41 434
After tax
43 225
45 467
40 971
45 066
Living cost
27 185
27 185
27 185
27 185
Free-cash
16 040
18 282
13 786
17 881

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽29772
₽19146
₽12347
₽14112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
7 435
health
-
-
-
11 677
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 258
total
-
-
-
44 370
Employee
43 799
-
64 552
-
social contributions
2 847
-
4 196
-
health
5 913
-
8 715
-
solidarity contribution
-
-
-
-
income
5 256
-
7 746
-
total
14 016
-
20 657
-
Employer
43 799
-
64 552
-
social contributions
10 950
-
16 138
-
health
3 942
-
5 810
-
total
14 892
-
21 948
-
Corporate
27 809
86 500
-
-
income
5 284
16 435
-
-
total
5 284
16 435
-
-
Dividends
22 525
70 065
-
-
withholding
3 379
10 510
-
-
total
3 379
10 510
-
-
Income
86 500
86 500
86 500
86 500
Total tax
37 571
26 945
42 605
44 370
After tax
48 929
59 555
43 895
42 130
Living cost
29 783
29 783
29 783
29 783
Free-cash
19 146
29 772
14 112
12 347

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽16643
₽16145
₽13569
-₽3565
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
chamber of commerce
-
-
-
347
income
-
-
-
11 579
pensions
-
-
-
16 002
unemployment
-
-
-
6 190
health
-
-
-
6 617
surtax
-
-
-
-
total
-
-
-
40 735
Employee
44 114
40 217
67 169
-
other
440
402
672
-
health
1 706
1 557
2 599
-
income
3 930
2 966
10 539
-
pensions
4 518
4 117
6 879
-
unemployment
1 323
1 207
2 015
-
total
11 917
10 249
22 704
-
Employer
44 114
40 217
67 169
-
accident
573
523
873
-
other
2 095
1 909
3 191
-
chamber of commerce
176
161
268
-
unemployment
1 323
1 207
2 015
-
surtax
-
-
-
-
pensions
5 537
5 048
8 430
-
payroll
1 323
1 207
2 015
-
health
1 668
1 521
2 539
-
total
12 695
11 576
19 331
-
Corporate
29 691
34 708
63 339
-
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.

7 423
8 677
15 834
-
total
7 423
8 677
15 834
-
Dividends
22 268
26 031
-
-
withholding
6 124
7 159
-
-
total
6 124
7 159
-
-
Income
86 500
86 500
86 500
86 500
Total tax
38 159
37 661
57 869
40 735
After tax
48 341
48 839
28 631
45 765
Living cost
32 196
32 196
32 196
32 196
Free-cash
16 145
16 643
-3 565
13 569

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽68026
₽65373
₽71486
₽55051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
86 500
microenterprise

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

-
-
-
865
total
-
-
-
865
Employee
17 686
-
86 500
-
income
3 537
-
17 300
-
total
3 537
-
17 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

68 814
86 500
-
-
total
-
-
-
-
Dividends
68 814
86 500
-
-
withholding
3 441
4 325
-
-
total
3 441
4 325
-
-
Income
86 500
86 500
86 500
86 500
Total tax
6 978
4 325
17 300
865
After tax
79 522
82 175
69 200
85 635
Living cost
14 149
14 149
14 149
14 149
Free-cash
65 373
68 026
55 051
71 486

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽32487
₽24046
₽18315
₽15837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
income
-
-
-
16 676
pensions
-
-
-
15 798
unemployment
-
-
-
130
health
-
-
-
8 513
total
-
-
-
41 117
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.

44 626
-
74 847
-
health
2 882
-
4 836
-
income
7 696
-
15 399
-
pensions
6 917
-
11 602
-
unemployment
63
-
105
-
total
17 558
-
31 942
-
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.

44 626
-
74 847
-
unemployment
27
-
44
-
pensions
3 949
-
6 624
-
health
2 972
-
4 985
-
total
6 948
-
11 653
-
Corporate
34 926
86 500
-
-
income
6 636
16 435
-
-
total
6 636
16 435
-
-
Dividends
28 291
70 065
-
-
withholding
4 244
10 510
-
-
total
4 244
10 510
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 386
26 945
43 595
41 117
After tax
51 114
59 555
42 905
45 383
Living cost
27 068
27 068
27 068
27 068
Free-cash
24 046
32 487
15 837
18 315

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9047
-₽64094
₽16198
₽29633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
16 861
social contributions
-
-
-
9 861
total
-
-
-
26 722
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
86 500
-
-
income
-
19 030
-
-
total
-
19 030
-
-
Dividends
-
67 470
-
-
income
-
14 843
-
-
total
-
14 843
-
-
Income
86 500
86 500
86 500
86 500
Total tax
107 014
33 873
13 287
26 722
After tax
-20 514
52 627
73 213
59 778
Living cost
43 580
43 580
43 580
43 580
Free-cash
-64 094
9 047
29 633
16 198

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17547
₽16531
₽17145
₽13301
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
income
-
-
-
7 642
surtax
-
-
-
-
social contributions

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

-
-
-
30 059
total
-
-
-
37 701
Employee
46 414
-
69 898
-
social contributions
5 106
-
7 689
-
surtax
-
-
-
-
income
9 654
-
17 256
-
total
14 760
-
24 945
-
Employer
46 414
-
69 898
-
social contributions
11 023
-
16 600
-
total
11 023
-
16 600
-
Corporate
29 063
86 500
-
-
surtax
-
-
-
-
income
6 103
18 165
-
-
total
6 103
18 165
-
-
Dividends
22 959
68 335
-
-
withholding
6 429
19 134
-
-
total
6 429
19 134
-
-
Income
86 500
86 500
86 500
86 500
Total tax
38 315
37 299
41 545
37 701
After tax
48 185
49 201
44 955
48 799
Living cost
31 654
31 654
31 654
31 654
Free-cash
16 531
17 547
13 301
17 145

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽5148
₽1792
₽1481
₽1623
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
6 200
pensions
-
-
-
24 123
other
-
-
-
2 681
health
-
-
-
808
surtax
-
-
-
-
social contributions
-
-
-
2 465
total
-
-
-
36 277
Employee
63 206
-
65 915
-
social contributions
1 800
-
1 879
-
surtax
-
-
-
-
income
5 515
-
6 216
-
pensions
7 149
-
7 455
-
total
14 464
-
15 550
-
Employer
63 206
-
65 915
-
other
2 181
-
2 273
-
social contributions
190
-
197
-
unemployment
2 560
-
2 670
-
pensions
10 386
-
10 832
-
health
4 424
-
4 613
-
total
19 741
-
20 585
-
Corporate
3 553
86 500
-
-
surtax
-
-
-
-
income
994
24 220
-
-
total
994
24 220
-
-
Dividends
2 559
62 280
-
-
surtax
-
-
-
-
social contributions
440
10 713
-
-
withholding
327
7 973
-
-
total
767
18 686
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 966
42 906
36 135
36 277
After tax
50 534
43 594
50 365
50 223
Living cost
48 742
48 742
48 742
48 742
Free-cash
1 792
-5 148
1 623
1 481

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47515
₽44124
₽36059
₽38487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
1 076
social contributions
-
-
-
19 030
total
-
-
-
20 106
Employee
32 444
-
74 893
-
income
-
-
1 203
-
social contributions
2 109
-
4 868
-
total
2 109
-
6 071
-
Employer
32 444
-
74 893
-
social contributions
5 029
-
11 607
-
total
5 029
-
11 607
-
Corporate
49 027
86 500
-
-
income
4 903
8 650
-
-
total
4 903
8 650
-
-
Dividends
44 125
77 850
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
12 041
8 650
17 678
20 106
After tax
74 459
77 850
68 822
66 394
Living cost
30 335
30 335
30 335
30 335
Free-cash
44 124
47 515
38 487
36 059

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽133471
-₽133471
₽5690
-₽133471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
15 509
pensions
-
-
-
875
national
-
-
-
8 953
labour market
-
-
-
6 850
total
-
-
-
32 187
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
86 500
86 500
86 500
86 500
Total tax
171 348
171 348
171 348
32 187
After tax
-84 848
-84 848
-84 848
54 313
Living cost
48 623
48 623
48 623
48 623
Free-cash
-133 471
-133 471
-133 471
5 690

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14737
₽3671
₽37713
₽22074
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
253
income
-
-
-
20 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 044
Employee
34 203
-
72 463
-
health
3 917
-
8 297
-
income
4 692
-
12 696
-
pensions
3 852
-
7 653
-
total
12 461
-
28 646
-
Employer
34 203
-
72 463
-
accident
571
-
1 210
-
unemployment
838
-
1 775
-
pensions
5 561
-
11 052
-
total
6 970
-
14 037
-
Corporate
45 326
86 500
-
-
income

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

40 794
77 850
-
-
total
40 794
77 850
-
-
Dividends
4 532
8 650
-
-
withholding
861
1 644
-
-
total
861
1 644
-
-
Income
86 500
86 500
86 500
86 500
Total tax
61 086
79 494
42 683
27 044
After tax
25 414
7 006
43 817
59 456
Living cost
21 743
21 743
21 743
21 743
Free-cash
3 671
-14 737
22 074
37 713

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽19869
₽16184
₽24293
₽11743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
86 500
municipal
-
-
-
15 405
health
-
-
-
912
national
-
-
-
7 145
total
-
-
-
23 462
Employee
53 094
-
72 767
-
health
396
-
699
-
municipal
8 696
-
11 891
-
pensions
3 583
-
4 912
-
unemployment
797
-
1 092
-
national
877
-
3 687
-
total
14 349
-
22 281
-
Employer
53 094
-
72 767
-
accident
54
-
73
-
unemployment
345
-
473
-
pensions
9 212
-
12 624
-
health
408
-
561
-
total
10 019
-
13 731
-
Corporate
23 388
86 500
-
-
income
4 677
17 301
-
-
total
4 677
17 301
-
-
Dividends

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

14 033
51 899
-
-
national
-
1 243
-
-
municipal
2 526
9 342
-
-
total
2 526
10 585
-
-
Income
86 500
86 500
86 500
86 500
Total tax
31 571
27 886
36 012
23 462
After tax
54 929
58 614
50 488
63 038
Living cost
38 745
38 745
38 745
38 745
Free-cash
16 184
19 869
11 743
24 293

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40038
₽34544
₽39964
₽39878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
7 471
health
-
-
-
2 206
social contributions
-
-
-
13 494
total
-
-
-
23 171
Employee
77 600
77 600
78 529
-
social contributions
2 934
6 440
6 517
-
health
601
1 319
1 335
-
income
8 449
7 183
7 434
-
total
11 984
14 942
15 286
-
Employer
77 600
77 600
78 529
-
social contributions
2 934
6 440
6 517
-
health
653
1 436
1 454
-
total
3 587
7 876
7 971
-
Corporate
47 563
1 023
-
-
income
5 946
128
-
-
total
5 946
128
-
-
Dividends
41 617
895
-
-
withholding
7 074
151
-
-
total
7 074
151
-
-
Income
86 500
86 500
86 500
86 500
Total tax
28 591
23 097
23 257
23 171
After tax
57 909
63 403
63 243
63 329
Living cost
23 365
23 365
23 365
23 365
Free-cash
34 544
40 038
39 878
39 964

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽55608
₽50472
₽52330
₽37379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86 500
income
-
-
-
8 047
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 147
Employee

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

23 164
-
78 422
-
health
1 969
-
6 666
-
income
1 584
-
6 199
-
pensions
3 474
-
11 762
-
unemployment
115
-
393
-
total
7 142
-
25 020
-
Employer

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

23 164
-
78 422
-
unemployment
115
-
393
-
pensions
1 274
-
4 313
-
health
996
-
3 372
-
total
2 385
-
8 078
-
Corporate
60 952
86 500
-
-
income
5 485
7 785
-
-
total
5 485
7 785
-
-
Dividends
55 467
78 715
-
-
withholding
4 993
7 084
-
-
total
4 993
7 084
-
-
Income
86 500
86 500
86 500
86 500
Total tax
20 005
14 869
33 098
18 147
After tax
66 495
71 631
53 402
68 353
Living cost
16 023
16 023
16 023
16 023
Free-cash
50 472
55 608
37 379
52 330

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽30564
₽25271
₽18149
₽18763
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
779
income
-
-
-
14 651
pensions
-
-
-
24 479
other
-
-
-
86
unemployment
-
-
-
605
total
-
-
-
40 600
Employee
37 315
-
65 587
-
other
36
-
65
-
income
7 194
-
14 914
-
pensions
1 754
-
3 083
-
unemployment
578
-
1 017
-
total
9 562
-
19 079
-
Employer
37 315
-
65 587
-
accident
739
-
1 298
-
other
299
-
523
-
unemployment
2 053
-
3 608
-
pensions
8 806
-
15 478
-
total
11 897
-
20 907
-
Corporate
37 289
86 500
-
-
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.

5 594
12 975
-
-
total
5 594
12 975
-
-
Dividends
31 695
73 525
-
-
withholding
6 425
15 210
-
-
total
6 425
15 210
-
-
Income
86 500
86 500
86 500
86 500
Total tax
33 478
28 185
39 986
40 600
After tax
53 022
58 315
46 514
45 900
Living cost
27 751
27 751
27 751
27 751
Free-cash
25 271
30 564
18 763
18 149

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽51220
₽50766
₽51851
₽51653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
28 426
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
31 893
Employee
4 198
-
84 238
-
health
210
-
503
-
income
812
-
28 320
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
29 829
-
Employer
4 198
-
84 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
81 358
86 500
-
-
income
17 899
19 030
-
-
total
17 899
19 030
-
-
Dividends
63 459
67 470
-
-
withholding
12 692
13 494
-
-
total
12 692
13 494
-
-
Income
86 500
86 500
86 500
86 500
Total tax
32 978
32 524
32 091
31 893
After tax
53 522
53 976
54 409
54 607
Living cost
2 756
2 756
2 756
2 756
Free-cash
50 766
51 220
51 653
51 851

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽45043
₽40079
₽26564
₽26865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
income
-
-
-
14 290
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
42 483
Employee

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

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

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

26 319
-
73 367
-
health
1 355
-
3 778
-
income
3 628
-
14 451
-
pensions
3 685
-
10 271
-
unemployment
197
-
550
-
total
8 865
-
29 050
-
Employer

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

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

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

26 319
-
73 367
-
unemployment
197
-
550
-
pensions
3 158
-
8 804
-
health
1 355
-
3 778
-
total
4 710
-
13 132
-
Corporate
55 470
86 500
-
-
income
8 321
12 975
-
-
total
8 321
12 975
-
-
Dividends
47 150
73 525
-
-
withholding
7 072
11 029
-
-
total
7 072
11 029
-
-
Income
86 500
86 500
86 500
86 500
Total tax
28 968
24 004
42 182
42 483
After tax
57 532
62 496
44 318
44 017
Living cost
17 453
17 453
17 453
17 453
Free-cash
40 079
45 043
26 865
26 564

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽21995
₽21631
₽21593
₽17749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
income
-
-
-
7 642
surtax
-
-
-
-
social contributions

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

-
-
-
30 059
total
-
-
-
37 701
Employee
39 168
-
69 898
-
social contributions
4 309
-
7 689
-
surtax
-
-
-
-
income
7 653
-
17 256
-
total
11 962
-
24 945
-
Employer
39 168
-
69 898
-
social contributions
9 302
-
16 600
-
total
9 302
-
16 600
-
Corporate
38 030
86 500
-
-
surtax
-
-
-
-
income
7 986
18 165
-
-
total
7 986
18 165
-
-
Dividends
30 044
68 335
-
-
withholding
8 413
19 134
-
-
total
8 413
19 134
-
-
Income
86 500
86 500
86 500
86 500
Total tax
37 663
37 299
41 545
37 701
After tax
48 837
49 201
44 955
48 799
Living cost
27 206
27 206
27 206
27 206
Free-cash
21 631
21 995
17 749
21 593

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽22848
₽15151
₽10433
₽11047
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
779
income
-
-
-
14 651
pensions
-
-
-
24 479
other
-
-
-
86
unemployment
-
-
-
605
total
-
-
-
40 600
Employee
48 738
-
65 587
-
other
48
-
65
-
income
10 180
-
14 914
-
pensions
2 290
-
3 083
-
unemployment
755
-
1 017
-
total
13 273
-
19 079
-
Employer
48 738
-
65 587
-
accident
965
-
1 298
-
other
391
-
523
-
unemployment
2 681
-
3 608
-
pensions
11 502
-
15 478
-
total
15 539
-
20 907
-
Corporate
22 223
86 500
-
-
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.

3 334
12 975
-
-
total
3 334
12 975
-
-
Dividends
18 889
73 525
-
-
withholding
3 736
15 210
-
-
total
3 736
15 210
-
-
Income
86 500
86 500
86 500
86 500
Total tax
35 882
28 185
39 986
40 600
After tax
50 618
58 315
46 514
45 900
Living cost
35 467
35 467
35 467
35 467
Free-cash
15 151
22 848
11 047
10 433

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽56586
₽50434
₽46738
₽49144
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
12 975
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 392
Employee
23 001
-
79 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
7 958
-
pensions

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

2 019
-
3 097
-
total
5 630
-
13 065
-
Employer
23 001
-
79 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
58 986
86 500
-
-
income
5 898
8 650
-
-
total
5 898
8 650
-
-
Dividends
53 088
77 850
-
-
withholding
2 654
3 893
-
-
total
2 654
3 893
-
-
Income
86 500
86 500
86 500
86 500
Total tax
18 695
12 543
19 986
22 392
After tax
67 805
73 957
66 514
64 108
Living cost
17 370
17 370
17 370
17 370
Free-cash
50 434
56 586
49 144
46 738

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽5703
₽18908
₽18478
₽24158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
trade
-
-
-
5 680
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.

-
-
-
15 627
health

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

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

-
-
-
6 894
surtax

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

-
-
-
860
total
-
-
-
29 061
Employee

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

50 212
-
86 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
860
-
income

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

4 129
-
15 627
-
total
11 251
-
23 381
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 288
86 500
-
-
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.

299
714
-
-
income
5 443
12 975
-
-
trade
5 207
12 414
-
-
chamber of commerce
207
280
-
-
total
11 156
26 383
-
-
Dividends
25 132
60 118
-
-
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.

324
806
-
-
withholding
5 900
14 647
-
-
total
6 224
15 453
-
-
Income
86 500
86 500
86 500
86 500
Total tax
28 631
41 836
23 381
29 061
After tax
57 869
44 664
63 119
57 439
Living cost
38 961
38 961
38 961
38 961
Free-cash
18 908
5 703
24 158
18 478

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽3063
₽5292
₽3703
₽3703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
17 919
social contributions
-
-
-
7 391
total
-
-
-
25 310
Employee
78 939
-
86 500
-
income
14 896
-
17 919
-
social contributions
6 558
-
7 391
-
total
21 454
-
25 310
-
Employer
78 939
-
86 500
-
total
-
-
-
-
Corporate
7 561
86 500
-
-
income
944
10 813
-
-
total
944
10 813
-
-
Dividends
6 616
75 687
-
-
withholding
1 323
15 137
-
-
total
1 323
15 137
-
-
Income
86 500
86 500
86 500
86 500
Total tax
23 721
25 950
25 310
25 310
After tax
62 779
60 550
61 190
61 190
Living cost
57 487
57 487
57 487
57 487
Free-cash
5 292
3 063
3 703
3 703

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽14259
₽19652
₽14400
₽26670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
81 858
-
income
5 023
-
13 913
-
social contributions
4 638
-
4 642
-
total
9 661
-
18 555
-
Employer
46 295
-
81 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
35 567
86 500
-
-
income
12 448
30 276
-
-
total
12 448
30 276
-
-
Dividends
23 119
56 224
-
-
social contributions
3 468
5 332
-
-
total
3 468
5 332
-
-
Income
86 500
86 500
86 500
86 500
Total tax
30 215
35 608
23 197
35 467
After tax
56 285
50 892
63 303
51 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
19 652
14 259
26 670
14 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27196
₽21481
₽26710
₽17038
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
income
-
-
-
16 080
pensions
-
-
-
6 095
total
-
-
-
22 175
Employee
51 632
-
76 413
-
health
674
-
1 182
-
income
9 403
-
13 662
-
pensions
3 941
-
6 916
-
total
14 018
-
21 760
-
Employer
51 632
-
76 413
-
pensions
5 217
-
8 635
-
health
981
-
1 452
-
total
6 198
-
10 087
-
Corporate
28 670
86 500
-
-
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.

5 446
16 435
-
-
total
5 446
16 435
-
-
Dividends
23 224
70 065
-
-
withholding
1 742
5 254
-
-
total
1 742
5 254
-
-
Income
86 500
86 500
86 500
86 500
Total tax
27 404
21 689
31 847
22 175
After tax
59 096
64 811
54 653
64 325
Living cost
37 615
37 615
37 615
37 615
Free-cash
21 481
27 196
17 038
26 710

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽16890
₽3339
₽35560
₽19921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
accident
-
-
-
253
income
-
-
-
20 057
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 044
Employee
37 589
-
72 463
-
health
4 304
-
8 297
-
income
5 157
-
12 696
-
pensions
4 233
-
7 653
-
total
13 694
-
28 646
-
Employer
37 589
-
72 463
-
accident
628
-
1 210
-
unemployment
921
-
1 775
-
pensions
6 112
-
11 052
-
total
7 661
-
14 037
-
Corporate
41 251
86 500
-
-
income

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

37 126
77 850
-
-
total
37 126
77 850
-
-
Dividends
4 125
8 650
-
-
withholding
784
1 644
-
-
total
784
1 644
-
-
Income
86 500
86 500
86 500
86 500
Total tax
59 265
79 494
42 683
27 044
After tax
27 235
7 006
43 817
59 456
Living cost
23 896
23 896
23 896
23 896
Free-cash
3 339
-16 890
19 921
35 560

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Warsaw model

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Skopje , Macedonia
₽59894
₽54986
₽36201
₽37798
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
86 500
work injury
-
-
-
432
health insurance
-
-
-
6 401
income
-
-
-
12 881
pensions
-
-
-
15 916
unemployment
-
-
-
1 038
total
-
-
-
36 668
Employee

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

21 810
-
86 500
-
work injury
109
-
403
-
income
2 181
-
12 881
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 071
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
64 690
86 500
-
-
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
64 690
86 500
-
-
withholding
9 704
12 975
-
-
total
9 704
12 975
-
-
Income
86 500
86 500
86 500
86 500
Total tax
17 883
12 975
35 071
36 668
After tax
68 617
73 525
51 429
49 832
Living cost
13 631
13 631
13 631
13 631
Free-cash
54 986
59 894
37 798
36 201

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

Close
Rome , Italy
₽5360
₽769
₽4509
₽552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
86 500
municipal
-
-
-
578
regional
-
-
-
1 594
national
-
-
-
17 368
social contributions
-
-
-
22 248
total
-
-
-
41 788
Employee
85 039
-
86 500
-
social contributions
28 675
-
29 169
-
regional
1 284
-
1 322
-
municipal
507
-
515
-
national
14 371
-
14 739
-
total
44 837
-
45 745
-
Employer
85 039
-
86 500
-
total
-
-
-
-
Corporate
1 461
86 500
-
-
nationa
350
20 760
-
-
municipal
71
4 169
-
-
total
421
24 929
-
-
Dividends
1 040
61 571
-
-
withholding
270
16 008
-
-
total
270
16 008
-
-
Income
86 500
86 500
86 500
86 500
Total tax
45 528
40 937
45 745
41 788
After tax
40 972
45 563
40 755
44 712
Living cost
40 203
40 203
40 203
40 203
Free-cash
769
5 360
552
4 509

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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