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
₽ 87500
per

Your estimated
City
free-cash

Dresden , Germany
₽13713
₽24875
₽26784
₽33175
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
trade
-
-
-
6 391
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.

-
-
-
15 985
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.

-
-
-
879
total
-
-
-
30 149
Employee

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

38 599
-
87 500
-
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
-
879
-
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
-
15 985
-
total
8 031
-
23 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 901
87 500
-
-
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.

404
722
-
-
income
7 335
13 124
-
-
trade
7 702
13 781
-
-
chamber of commerce
224
280
-
-
total
15 665
27 907
-
-
Dividends
33 236
59 593
-
-
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.

437
799
-
-
withholding
7 925
14 514
-
-
total
8 362
15 313
-
-
Income
87 500
87 500
87 500
87 500
Total tax
32 058
43 220
23 758
30 149
After tax
55 442
44 280
63 742
57 351
Living cost
30 567
30 567
30 567
30 567
Free-cash
24 875
13 713
33 175
26 784

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
₽3606
₽1276
₽2246
₽2933
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
8 950
pensions
-
-
-
10 500
national
-
-
-
13 869
social contributions
-
-
-
941
total
-
-
-
34 260
Employee
79 050
-
75 643
-
municipal
9 764
-
9 289
-
pensions
3 162
-
3 026
-
national
15 130
-
14 394
-
total
28 056
-
26 709
-
Employer
79 050
-
75 643
-
social contributions
850
-
813
-
pensions
6 324
-
6 051
-
total
7 174
-
6 864
-
Corporate
-
87 500
-
-
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%.

-
17 500
-
-
total
-
17 500
-
-
Dividends
-
70 000
-
-
withholding
-
15 400
-
-
total
-
15 400
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 230
32 900
33 573
34 260
After tax
52 270
54 600
53 927
53 240
Living cost
50 994
50 994
50 994
50 994
Free-cash
1 276
3 606
2 933
2 246

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
₽49005
₽40726
₽25869
₽28477
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
microenterprise
-
-
-
-
income
-
-
-
12 505
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.

-
-
-
28 131
total
-
-
-
40 636
Employee
29 488
-
70 513
-
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
-
7 756
-
surtax
-
-
-
-
income
5 249
-
13 285
-
total
8 493
-
21 041
-
Employer
29 488
-
70 513
-
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
-
16 987
-
surtax
-
-
-
-
total
7 103
-
16 987
-
Corporate
50 909
87 500
-
-
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%.

10 183
17 500
-
-
total
10 183
17 500
-
-
Dividends

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

40 726
70 000
-
-
total
-
-
-
-
Income
87 500
87 500
87 500
87 500
Total tax
25 779
17 500
38 028
40 636
After tax
61 721
70 000
49 472
46 864
Living cost
20 995
20 995
20 995
20 995
Free-cash
40 726
49 005
28 477
25 869

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
-₽7046
-₽12711
₽7465
-₽12711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
14 610
pensions
-
-
-
11 824
health
-
-
-
11 326
total
-
-
-
37 760
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
87 500
87 500
87 500
87 500
Total tax
57 936
52 271
57 936
37 760
After tax
29 564
35 229
29 564
49 740
Living cost
42 276
42 276
42 276
42 276
Free-cash
-12 711
-7 046
-12 711
7 465

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
₽8785
₽7909
₽5044
₽7736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
18 710
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
43 466
Employee
55 558
-
66 580
-
municipal
16 567
-
19 854
-
national
-
-
-
-
total
16 567
-
19 854
-
Employer
55 558
-
66 580
-
accident
111
-
133
-
other
6 456
-
7 737
-
unemployment
1 467
-
1 758
-
pensions
6 006
-
7 197
-
health
3 417
-
4 095
-
total
17 457
-
20 920
-
Corporate
14 486
87 500
-
-
income
3 187
19 250
-
-
total
3 187
19 250
-
-
Dividends
11 299
68 250
-
-
withholding
3 390
20 475
-
-
total
3 390
20 475
-
-
Income
87 500
87 500
87 500
87 500
Total tax
40 601
39 725
40 774
43 466
After tax
46 899
47 775
46 726
44 034
Living cost
38 990
38 990
38 990
38 990
Free-cash
7 909
8 785
7 736
5 044

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
₽4188
₽18368
₽17422
₽24098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
trade
-
-
-
6 676
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.

-
-
-
15 985
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.

-
-
-
879
total
-
-
-
30 434
Employee

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

51 177
-
87 500
-
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
-
879
-
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
-
15 985
-
total
11 532
-
23 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 323
87 500
-
-
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
722
-
-
income
5 448
13 124
-
-
trade
5 975
14 394
-
-
chamber of commerce
205
278
-
-
total
11 927
28 518
-
-
Dividends
24 396
58 982
-
-
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.

314
789
-
-
withholding
5 715
14 361
-
-
total
6 029
15 150
-
-
Income
87 500
87 500
87 500
87 500
Total tax
29 488
43 668
23 758
30 434
After tax
58 012
43 832
63 742
57 066
Living cost
39 644
39 644
39 644
39 644
Free-cash
18 368
4 188
24 098
17 422

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
₽31396
₽27209
₽31170
₽31082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
7 716
health
-
-
-
2 231
social contributions
-
-
-
13 651
total
-
-
-
23 598
Employee
77 600
77 600
79 437
-
social contributions
3 771
6 440
6 594
-
health
772
1 319
1 350
-
income
8 149
7 183
7 679
-
total
12 692
14 942
15 623
-
Employer
77 600
77 600
79 437
-
social contributions
3 771
6 440
6 594
-
health
841
1 436
1 469
-
total
4 612
7 876
8 063
-
Corporate
37 465
2 023
-
-
income
4 682
253
-
-
total
4 682
253
-
-
Dividends
32 782
1 770
-
-
withholding
5 573
301
-
-
total
5 573
301
-
-
Income
87 500
87 500
87 500
87 500
Total tax
27 559
23 372
23 686
23 598
After tax
59 941
64 128
63 814
63 902
Living cost
32 732
32 732
32 732
32 732
Free-cash
27 209
31 396
31 082
31 170

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
₽31006
₽31386
₽42278
₽32388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
10 697
pensions
-
-
-
8 750
unemployment
-
-
-
1 313
health
-
-
-
6 125
total
-
-
-
26 885
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
73 222
-
health
1 853
737
5 126
-
income
3 236
1 288
8 951
-
pensions
2 647
1 053
7 322
-
unemployment
397
158
1 098
-
total
8 133
3 236
22 497
-
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
73 222
-
pensions
5 162
2 054
14 278
-
total
5 162
2 054
14 278
-
Corporate
55 869
74 911
-
-
income
5 028
6 742
-
-
total
5 028
6 742
-
-
Dividends
50 841
68 169
-
-
social contributions
9 794
13 173
-
-
withholding
9 660
12 952
-
-
total
19 454
26 125
-
-
Income
87 500
87 500
87 500
87 500
Total tax
37 777
38 157
36 775
26 885
After tax
49 723
49 343
50 725
60 615
Living cost
18 337
18 337
18 337
18 337
Free-cash
31 386
31 006
32 388
42 278

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
₽45625
₽39354
₽22525
₽26058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
11 724
pensions
-
-
-
17 500
health
-
-
-
11 376
total
-
-
-
40 600
Employee
28 629
-
65 396
-
income
3 223
-
12 609
-
pensions
573
-
1 308
-
unemployment
458
-
1 046
-
total
4 254
-
14 963
-
Employer
28 629
-
65 396
-
unemployment
230
-
523
-
pensions
5 726
-
13 080
-
health
3 721
-
8 501
-
total
9 677
-
22 104
-
Corporate
49 195
87 500
-
-
income
9 840
17 500
-
-
total
9 840
17 500
-
-
Dividends
39 355
70 000
-
-
total
-
-
-
-
Income
87 500
87 500
87 500
87 500
Total tax
23 771
17 500
37 067
40 600
After tax
63 729
70 000
50 433
46 900
Living cost
24 375
24 375
24 375
24 375
Free-cash
39 354
45 625
26 058
22 525

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
-₽14982
₽3701
₽38067
₽22325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
253
income
-
-
-
20 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 364
Employee
34 715
-
73 424
-
health
3 975
-
8 407
-
income
4 763
-
12 969
-
pensions
3 909
-
7 653
-
total
12 647
-
29 029
-
Employer
34 715
-
73 424
-
accident
580
-
1 226
-
unemployment
850
-
1 799
-
pensions
5 645
-
11 052
-
total
7 075
-
14 077
-
Corporate
45 710
87 500
-
-
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.

41 139
78 750
-
-
total
41 139
78 750
-
-
Dividends
4 571
8 750
-
-
withholding
869
1 663
-
-
total
869
1 663
-
-
Income
87 500
87 500
87 500
87 500
Total tax
61 730
80 413
43 106
27 364
After tax
25 770
7 087
44 394
60 136
Living cost
22 069
22 069
22 069
22 069
Free-cash
3 701
-14 982
22 325
38 067

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
₽74046
₽72344
₽77546
₽60921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
87 500
microenterprise

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

-
-
-
875
total
-
-
-
875
Employee
11 349
-
87 500
-
income
2 269
-
17 500
-
total
2 269
-
17 500
-
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%.

76 151
87 500
-
-
total
-
-
-
-
Dividends
76 151
87 500
-
-
withholding
3 808
4 375
-
-
total
3 808
4 375
-
-
Income
87 500
87 500
87 500
87 500
Total tax
6 077
4 375
17 500
875
After tax
81 423
83 125
70 000
86 625
Living cost
9 079
9 079
9 079
9 079
Free-cash
72 344
74 046
60 921
77 546

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
₽37396
₽30582
₽20491
₽24397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
11 115
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.

-
-
-
20 999
other
-
-
-
4 156
health
-
-
-
3 849
total
-
-
-
40 119
Employee
36 642
-
69 889
-
health
513
-
979
-
income
6 308
-
12 031
-
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
-
4 893
-
unemployment
366
-
699
-
total
9 751
-
18 602
-
Employer
36 642
-
69 889
-
accident
293
-
559
-
other
1 833
-
3 493
-
unemployment
366
-
699
-
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
-
11 881
-
health
513
-
979
-
total
9 235
-
17 611
-
Corporate
41 624
87 500
-
-
income
8 740
18 375
-
-
total
8 740
18 375
-
-
Dividends
32 883
69 125
-
-
withholding
2 302
4 839
-
-
total
2 302
4 839
-
-
Income
87 500
87 500
87 500
87 500
Total tax
30 028
23 214
36 213
40 119
After tax
57 472
64 286
51 287
47 381
Living cost
26 890
26 890
26 890
26 890
Free-cash
30 582
37 396
24 397
20 491

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
-₽2166
-₽21457
-₽2674
-₽12479
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
16 263
pensions
-
-
-
6 184
total
-
-
-
22 447
Employee
95 823
-
77 279
-
health
1 579
-
1 200
-
income
17 273
-
13 812
-
pensions
9 244
-
7 019
-
total
28 096
-
22 031
-
Employer
95 823
-
77 279
-
pensions
11 314
-
8 754
-
health
1 820
-
1 467
-
total
13 134
-
10 221
-
Corporate
-
87 500
-
-
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.

-
16 624
-
-
total
-
16 624
-
-
Dividends
-
70 876
-
-
withholding
-
5 315
-
-
total
-
5 315
-
-
Income
87 500
87 500
87 500
87 500
Total tax
41 230
21 939
32 252
22 447
After tax
46 270
65 561
55 248
65 053
Living cost
67 727
67 727
67 727
67 727
Free-cash
-21 457
-2 166
-12 479
-2 674

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
₽61573
₽56883
₽51719
₽54175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
13 125
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
-
-
-
22 542
Employee
17 531
-
80 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 058
-
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
-
13 165
-
Employer
17 531
-
80 580
-
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
66 529
87 500
-
-
income
6 653
8 750
-
-
total
6 653
8 750
-
-
Dividends
59 877
78 750
-
-
withholding
2 994
3 938
-
-
total
2 994
3 938
-
-
Income
87 500
87 500
87 500
87 500
Total tax
17 378
12 688
20 086
22 542
After tax
70 122
74 812
67 414
64 958
Living cost
13 239
13 239
13 239
13 239
Free-cash
56 883
61 573
54 175
51 719

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
-₽20731
-₽22444
-₽6220
-₽26396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
14 610
pensions
-
-
-
11 824
health
-
-
-
11 326
total
-
-
-
37 760
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
87 500
87 500
87 500
87 500
Total tax
53 984
52 271
57 936
37 760
After tax
33 516
35 229
29 564
49 740
Living cost
55 960
55 960
55 960
55 960
Free-cash
-22 444
-20 731
-26 396
-6 220

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
₽36074
₽27452
₽18447
₽20233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
7 521
health
-
-
-
11 812
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 550
total
-
-
-
44 883
Employee
35 544
-
65 299
-
social contributions
2 310
-
4 244
-
health
4 798
-
8 815
-
solidarity contribution
-
-
-
-
income
4 265
-
7 836
-
total
11 373
-
20 895
-
Employer
35 544
-
65 299
-
social contributions
8 886
-
16 325
-
health
3 199
-
5 877
-
total
12 085
-
22 202
-
Corporate
39 871
87 500
-
-
income
7 576
16 625
-
-
total
7 576
16 625
-
-
Dividends
32 296
70 875
-
-
withholding
4 844
10 631
-
-
total
4 844
10 631
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 878
27 256
43 097
44 883
After tax
51 622
60 244
44 403
42 617
Living cost
24 170
24 170
24 170
24 170
Free-cash
27 452
36 074
20 233
18 447

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
₽4100
-₽2188
₽3299
-₽862
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
521
regional
-
-
-
942
national
-
-
-
17 651
social contributions
-
-
-
22 504
total
-
-
-
41 618
Employee
89 689
-
87 500
-
social contributions
30 243
-
29 506
-
regional
846
-
821
-
municipal
475
-
463
-
national
15 541
-
14 989
-
total
47 105
-
45 779
-
Employer
89 689
-
87 500
-
total
-
-
-
-
Corporate
-
87 500
-
-
nationa
-
21 001
-
-
municipal
-
3 413
-
-
total
-
24 414
-
-
Dividends
-
63 086
-
-
withholding
-
16 403
-
-
total
-
16 403
-
-
Income
87 500
87 500
87 500
87 500
Total tax
47 105
40 817
45 779
41 618
After tax
40 395
46 683
41 721
45 882
Living cost
42 583
42 583
42 583
42 583
Free-cash
-2 188
4 100
-862
3 299

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
₽32769
₽29628
₽24125
₽22450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
15 472
pensions
-
-
-
17 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 213
surtax
-
-
-
1 691
total
-
-
-
41 106
Employee
33 373
-
72 283
-
other
-
-
-
-
health
852
-
1 842
-
surtax
109
-
1 498
-
income
5 594
-
14 375
-
pensions
2 225
-
4 822
-
unemployment
2 323
-
5 031
-
total
11 103
-
27 568
-
Employer
33 373
-
72 283
-
other
-
-
-
-
unemployment
1 057
-
2 290
-
pensions
4 449
-
9 635
-
health
1 519
-
3 288
-
total
7 025
-
15 213
-
Corporate
47 103
87 500
-
-
income
12 247
22 749
-
-
total
12 247
22 749
-
-
Dividends
34 856
64 751
-
-
withholding
5 228
9 713
-
-
total
5 228
9 713
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 603
32 462
42 781
41 106
After tax
51 897
55 038
44 719
46 394
Living cost
22 269
22 269
22 269
22 269
Free-cash
29 628
32 769
22 450
24 125

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
₽19292
₽11321
₽18784
₽8979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
16 263
pensions
-
-
-
6 184
total
-
-
-
22 447
Employee
64 218
-
77 279
-
health
932
-
1 200
-
income
11 566
-
13 812
-
pensions
5 451
-
7 019
-
total
17 949
-
22 031
-
Employer
64 218
-
77 279
-
pensions
6 952
-
8 754
-
health
1 220
-
1 467
-
total
8 172
-
10 221
-
Corporate
15 110
87 500
-
-
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.

2 870
16 624
-
-
total
2 870
16 624
-
-
Dividends
12 240
70 876
-
-
withholding
919
5 315
-
-
total
919
5 315
-
-
Income
87 500
87 500
87 500
87 500
Total tax
29 910
21 939
32 252
22 447
After tax
57 590
65 561
55 248
65 053
Living cost
46 269
46 269
46 269
46 269
Free-cash
11 321
19 292
8 979
18 784

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
-₽36262
-₽10263
-₽2871
-₽7353
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
city
-
-
-
921
pensions
-
-
-
8 049
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.

-
-
-
1 749
regional
-
-
-
2 735
health
-
-
-
249
national
-
-
-
395
total
-
-
-
14 098
Employee
89 259
-
78 316
-
city
958
-
840
-
regional
2 923
-
2 329
-
health
202
-
176
-
pensions
7 499
-
6 578
-
unemployment
-
-
-
-
national
422
-
336
-
total
12 004
-
10 259
-
Employer
89 259
-
78 316
-
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
-
1 567
-
unemployment
-
-
-
-
pensions
7 499
-
6 578
-
health
202
-
176
-
total
9 486
-
8 321
-
Corporate
-
87 500
-
-
regional
-
18 506
-
-
national
-
7 438
-
-
total
-
25 944
-
-
Dividends
-
61 555
-
-
withholding
-
21 545
-
-
total
-
21 545
-
-
Income
87 500
87 500
87 500
87 500
Total tax
21 490
47 489
18 580
14 098
After tax
66 010
40 011
68 920
73 402
Living cost
76 273
76 273
76 273
76 273
Free-cash
-10 263
-36 262
-7 353
-2 871

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
-₽2850
₽13512
₽10553
₽17512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
trade
-
-
-
6 959
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.

-
-
-
15 985
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.

-
-
-
879
total
-
-
-
30 717
Employee

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

60 649
-
87 500
-
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
-
879
-
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
-
15 985
-
total
14 419
-
23 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
26 851
87 500
-
-
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.

222
722
-
-
income
4 027
13 124
-
-
trade
4 606
15 007
-
-
chamber of commerce
192
276
-
-
total
9 047
29 129
-
-
Dividends
17 804
58 372
-
-
surtax

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

224
781
-
-
withholding
4 068
14 210
-
-
total
4 292
14 991
-
-
Income
87 500
87 500
87 500
87 500
Total tax
27 758
44 120
23 758
30 717
After tax
59 742
43 380
63 742
56 783
Living cost
46 230
46 230
46 230
46 230
Free-cash
13 512
-2 850
17 512
10 553

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
₽9573
₽15537
₽16247
₽16296
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
6 436
pensions
-
-
-
24 205
other
-
-
-
2 712
health
-
-
-
881
surtax
-
-
-
-
social contributions
-
-
-
2 492
total
-
-
-
36 726
Employee
43 191
-
66 677
-
social contributions
1 231
-
1 900
-
surtax
-
-
-
-
income
2 549
-
6 415
-
pensions
4 883
-
7 540
-
total
8 663
-
15 855
-
Employer
43 191
-
66 677
-
other
1 490
-
2 300
-
social contributions
130
-
199
-
unemployment
1 748
-
2 700
-
pensions
7 095
-
10 956
-
health
3 024
-
4 667
-
total
13 487
-
20 822
-
Corporate
30 821
87 500
-
-
surtax
-
-
-
-
income
8 629
24 500
-
-
total
8 629
24 500
-
-
Dividends
22 192
63 000
-
-
surtax
-
-
-
-
social contributions
3 817
10 836
-
-
withholding
2 840
8 064
-
-
total
6 657
18 900
-
-
Income
87 500
87 500
87 500
87 500
Total tax
37 436
43 400
36 677
36 726
After tax
50 064
44 100
50 823
50 774
Living cost
34 527
34 527
34 527
34 527
Free-cash
15 537
9 573
16 296
16 247

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
₽12994
₽18600
₽19668
₽19717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
6 436
pensions
-
-
-
24 205
other
-
-
-
2 712
health
-
-
-
881
surtax
-
-
-
-
social contributions
-
-
-
2 492
total
-
-
-
36 726
Employee
38 554
-
66 677
-
social contributions
1 099
-
1 900
-
surtax
-
-
-
-
income
1 988
-
6 415
-
pensions
4 361
-
7 540
-
total
7 448
-
15 855
-
Employer
38 554
-
66 677
-
other
1 331
-
2 300
-
social contributions
115
-
199
-
unemployment
1 561
-
2 700
-
pensions
6 335
-
10 956
-
health
2 698
-
4 667
-
total
12 040
-
20 822
-
Corporate
36 906
87 500
-
-
surtax
-
-
-
-
income
10 334
24 500
-
-
total
10 334
24 500
-
-
Dividends
26 572
63 000
-
-
surtax
-
-
-
-
social contributions
4 571
10 836
-
-
withholding
3 401
8 064
-
-
total
7 972
18 900
-
-
Income
87 500
87 500
87 500
87 500
Total tax
37 794
43 400
36 677
36 726
After tax
49 706
44 100
50 823
50 774
Living cost
31 106
31 106
31 106
31 106
Free-cash
18 600
12 994
19 717
19 668

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
₽31984
₽32507
₽34795
₽35641
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
13 124
health
-
-
-
6 107
social contributions
-
-
-
12 075
total
-
-
-
31 306
Employee
34 217
-
87 500
-
social contributions
4 723
-
12 075
-
health
2 388
-
6 107
-
income
5 707
-
12 278
-
total
12 818
-
30 460
-
Employer
34 217
-
87 500
-
total
-
-
-
-
Corporate
53 283
87 500
-
-
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%.

2 664
4 374
-
-
total
2 664
4 374
-
-
Dividends
50 619
83 126
-
-
health
3 533
5 803
-
-
social contributions
6 986
11 471
-
-
withholding
7 593
12 469
-
-
total
18 112
29 743
-
-
Income
87 500
87 500
87 500
87 500
Total tax
33 594
34 117
30 460
31 306
After tax
53 906
53 383
57 040
56 194
Living cost
21 399
21 399
21 399
21 399
Free-cash
32 507
31 984
35 641
34 795

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
₽13718
₽12155
₽10176
-₽6751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
chamber of commerce
-
-
-
350
income
-
-
-
12 145
pensions
-
-
-
16 188
unemployment
-
-
-
6 190
health
-
-
-
6 693
surtax
-
-
-
199
total
-
-
-
41 765
Employee
50 434
40 217
67 788
-
other
504
402
678
-
health
1 951
1 557
2 624
-
income
5 741
2 966
10 715
-
pensions
5 165
4 117
6 942
-
unemployment
1 513
1 207
2 034
-
total
14 874
10 249
22 993
-
Employer
50 434
40 217
67 788
-
accident
655
523
881
-
other
2 396
1 909
3 219
-
chamber of commerce
201
161
272
-
unemployment
1 513
1 207
2 034
-
surtax
199
199
199
-
pensions
6 329
5 048
8 507
-
payroll
1 513
1 207
2 034
-
health
1 906
1 521
2 562
-
total
14 712
11 775
19 708
-
Corporate
22 355
35 509
63 962
-
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.

5 588
8 876
15 991
-
total
5 588
8 876
15 991
-
Dividends
16 766
26 633
-
-
withholding
4 612
7 323
-
-
total
4 612
7 323
-
-
Income
87 500
87 500
87 500
87 500
Total tax
39 786
38 223
58 692
41 765
After tax
47 714
49 277
28 808
45 735
Living cost
35 559
35 559
35 559
35 559
Free-cash
12 155
13 718
-6 751
10 176

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
₽12326
-₽5699
₽5792
-₽1880
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
national
-
-
-
27 513
communal

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

-
-
-
4 474
social contributions
-
-
-
12 925
total
-
-
-
44 912
Employee

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

72 186
-
67 769
-
communal

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

3 765
-
3 535
-
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
-
3 185
-
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
-
5 083
-
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
-
590
-
national
22 193
-
20 464
-
total
35 392
-
32 857
-
Employer

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

72 186
-
67 769
-
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
-
881
-
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
-
990
-
surtax
8 185
-
7 683
-
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
-
6 004
-
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
-
4 169
-
total
21 011
-
19 727
-
Corporate
-
87 500
-
-
surtax
-
350
-
-
income
-
17 500
-
-
total
-
17 850
-
-
Dividends
-
69 649
-
-
withholding

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

-
20 528
-
-
total
-
20 528
-
-
Income
87 500
87 500
87 500
87 500
Total tax
56 403
38 378
52 584
44 912
After tax
31 097
49 122
34 916
42 588
Living cost
36 796
36 796
36 796
36 796
Free-cash
-5 699
12 326
-1 880
5 792

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
₽22541
₽14502
₽9943
₽10566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
787
income
-
-
-
14 862
pensions
-
-
-
24 762
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
41 112
Employee
50 234
-
66 348
-
other
50
-
67
-
income
10 599
-
15 126
-
pensions
2 361
-
3 118
-
unemployment
779
-
1 028
-
total
13 789
-
19 339
-
Employer
50 234
-
66 348
-
accident
994
-
1 314
-
other
400
-
530
-
unemployment
2 763
-
3 648
-
pensions
11 854
-
15 658
-
total
16 011
-
21 150
-
Corporate
21 254
87 500
-
-
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.

3 189
13 124
-
-
total
3 189
13 124
-
-
Dividends
18 065
74 376
-
-
withholding
3 564
15 390
-
-
total
3 564
15 390
-
-
Income
87 500
87 500
87 500
87 500
Total tax
36 553
28 514
40 489
41 112
After tax
50 947
58 986
47 011
46 388
Living cost
36 445
36 445
36 445
36 445
Free-cash
14 502
22 541
10 566
9 943

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
-₽916
-₽7165
-₽3281
₽988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
737
income
-
-
-
6 071
pensions
-
-
-
13 115
health
-
-
-
6 147
surtax
-
-
-
4 338
communal
-
-
-
5 531
total
-
-
-
35 939
Employee
76 423
-
78 160
-
health
3 401
-
3 478
-
surtax
4 684
-
4 790
-
income
7 382
-
7 809
-
pensions
6 113
-
6 253
-
total
21 580
-
22 330
-
Employer
76 423
-
78 160
-
accident
688
-
703
-
pensions
6 113
-
6 253
-
health
2 331
-
2 384
-
total
9 132
-
9 340
-
Corporate
1 945
87 500
-
-
surtax
21
919
-
-
communal
-
5 906
-
-
income
291
13 124
-
-
total
312
19 949
-
-
Dividends
1 633
67 551
-
-
income
8 554
3 492
-
-
withholding
245
10 133
-
-
total
8 799
13 625
-
-
Income
87 500
87 500
87 500
87 500
Total tax
39 823
33 574
31 670
35 939
After tax
47 677
53 926
55 830
51 561
Living cost
54 842
54 842
54 842
54 842
Free-cash
-7 165
-916
988
-3 281

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
₽32371
₽29161
₽23727
₽22052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
15 472
pensions
-
-
-
17 500
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 213
surtax
-
-
-
1 691
total
-
-
-
41 106
Employee
33 985
-
72 283
-
other
-
-
-
-
health
868
-
1 842
-
surtax
121
-
1 498
-
income
5 697
-
14 375
-
pensions
2 267
-
4 822
-
unemployment
2 365
-
5 031
-
total
11 318
-
27 568
-
Employer
33 985
-
72 283
-
other
-
-
-
-
unemployment
1 078
-
2 290
-
pensions
4 531
-
9 635
-
health
1 545
-
3 288
-
total
7 154
-
15 213
-
Corporate
46 360
87 500
-
-
income
12 054
22 749
-
-
total
12 054
22 749
-
-
Dividends
34 306
64 751
-
-
withholding
5 146
9 713
-
-
total
5 146
9 713
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 672
32 462
42 781
41 106
After tax
51 828
55 038
44 719
46 394
Living cost
22 667
22 667
22 667
22 667
Free-cash
29 161
32 371
22 052
23 727

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
₽18805
₽16564
₽18319
₽14180
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
521
regional
-
-
-
1 320
national
-
-
-
17 651
social contributions
-
-
-
22 504
total
-
-
-
41 996
Employee
55 980
-
87 500
-
social contributions
18 877
-
29 506
-
regional
754
-
1 177
-
municipal
297
-
463
-
national
8 869
-
14 989
-
total
28 797
-
46 135
-
Employer
55 980
-
87 500
-
total
-
-
-
-
Corporate
31 520
87 500
-
-
nationa
7 565
21 001
-
-
municipal
1 567
4 349
-
-
total
9 132
25 350
-
-
Dividends
22 389
62 150
-
-
withholding
5 822
16 160
-
-
total
5 822
16 160
-
-
Income
87 500
87 500
87 500
87 500
Total tax
43 751
41 510
46 135
41 996
After tax
43 749
45 990
41 365
45 504
Living cost
27 185
27 185
27 185
27 185
Free-cash
16 564
18 805
14 180
18 319

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
₽30461
₽19835
₽12834
₽14620
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
7 521
health
-
-
-
11 812
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 550
total
-
-
-
44 883
Employee
43 799
-
65 299
-
social contributions
2 847
-
4 244
-
health
5 913
-
8 815
-
solidarity contribution
-
-
-
-
income
5 256
-
7 836
-
total
14 016
-
20 895
-
Employer
43 799
-
65 299
-
social contributions
10 950
-
16 325
-
health
3 942
-
5 877
-
total
14 892
-
22 202
-
Corporate
28 809
87 500
-
-
income
5 474
16 625
-
-
total
5 474
16 625
-
-
Dividends
23 335
70 875
-
-
withholding
3 500
10 631
-
-
total
3 500
10 631
-
-
Income
87 500
87 500
87 500
87 500
Total tax
37 882
27 256
43 097
44 883
After tax
49 618
60 244
44 403
42 617
Living cost
29 783
29 783
29 783
29 783
Free-cash
19 835
30 461
14 620
12 834

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
₽17188
₽16689
₽13738
-₽3347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
chamber of commerce
-
-
-
350
income
-
-
-
12 145
pensions
-
-
-
16 188
unemployment
-
-
-
6 190
health
-
-
-
6 693
surtax
-
-
-
-
total
-
-
-
41 566
Employee
44 114
40 217
67 945
-
other
440
402
680
-
health
1 706
1 557
2 629
-
income
3 930
2 966
10 761
-
pensions
4 518
4 117
6 958
-
unemployment
1 323
1 207
2 038
-
total
11 917
10 249
23 066
-
Employer
44 114
40 217
67 945
-
accident
573
523
883
-
other
2 095
1 909
3 229
-
chamber of commerce
176
161
272
-
unemployment
1 323
1 207
2 038
-
surtax
-
-
-
-
pensions
5 537
5 048
8 528
-
payroll
1 323
1 207
2 038
-
health
1 668
1 521
2 568
-
total
12 695
11 576
19 556
-
Corporate
30 691
35 708
64 115
-
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.

7 674
8 926
16 029
-
total
7 674
8 926
16 029
-
Dividends
23 017
26 782
-
-
withholding
6 329
7 365
-
-
total
6 329
7 365
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 615
38 116
58 651
41 566
After tax
48 885
49 384
28 849
45 934
Living cost
32 196
32 196
32 196
32 196
Free-cash
16 689
17 188
-3 347
13 738

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
₽68976
₽66323
₽72476
₽55851
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
87 500
microenterprise

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

-
-
-
875
total
-
-
-
875
Employee
17 686
-
87 500
-
income
3 537
-
17 500
-
total
3 537
-
17 500
-
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%.

69 814
87 500
-
-
total
-
-
-
-
Dividends
69 814
87 500
-
-
withholding
3 491
4 375
-
-
total
3 491
4 375
-
-
Income
87 500
87 500
87 500
87 500
Total tax
7 028
4 375
17 500
875
After tax
80 472
83 125
70 000
86 625
Living cost
14 149
14 149
14 149
14 149
Free-cash
66 323
68 976
55 851
72 476

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
₽33176
₽24737
₽18792
₽16283
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
income
-
-
-
16 919
pensions
-
-
-
15 979
unemployment
-
-
-
132
health
-
-
-
8 610
total
-
-
-
41 640
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
-
75 711
-
health
2 882
-
4 891
-
income
7 696
-
15 628
-
pensions
6 917
-
11 736
-
unemployment
63
-
105
-
total
17 558
-
32 360
-
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
-
75 711
-
unemployment
27
-
46
-
pensions
3 949
-
6 701
-
health
2 972
-
5 042
-
total
6 948
-
11 789
-
Corporate
35 926
87 500
-
-
income
6 825
16 625
-
-
total
6 825
16 625
-
-
Dividends
29 101
70 875
-
-
withholding
4 364
10 631
-
-
total
4 364
10 631
-
-
Income
87 500
87 500
87 500
87 500
Total tax
35 695
27 256
44 149
41 640
After tax
51 805
60 244
43 351
45 860
Living cost
27 068
27 068
27 068
27 068
Free-cash
24 737
33 176
16 283
18 792

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
₽9655
-₽63094
₽16889
₽30633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
17 056
social contributions
-
-
-
9 975
total
-
-
-
27 031
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
-
87 500
-
-
income
-
19 250
-
-
total
-
19 250
-
-
Dividends
-
68 250
-
-
income
-
15 015
-
-
total
-
15 015
-
-
Income
87 500
87 500
87 500
87 500
Total tax
107 014
34 265
13 287
27 031
After tax
-19 514
53 235
74 213
60 469
Living cost
43 580
43 580
43 580
43 580
Free-cash
-63 094
9 655
30 633
16 889

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
₽18115
₽17100
₽17683
₽13753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
income
-
-
-
7 757
surtax
-
-
-
-
social contributions

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

-
-
-
30 406
total
-
-
-
38 163
Employee
46 414
-
70 707
-
social contributions
5 106
-
7 777
-
surtax
-
-
-
-
income
9 654
-
17 523
-
total
14 760
-
25 300
-
Employer
46 414
-
70 707
-
social contributions
11 023
-
16 793
-
total
11 023
-
16 793
-
Corporate
30 063
87 500
-
-
surtax
-
-
-
-
income
6 314
18 375
-
-
total
6 314
18 375
-
-
Dividends
23 749
69 125
-
-
withholding
6 649
19 356
-
-
total
6 649
19 356
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 746
37 731
42 093
38 163
After tax
48 754
49 769
45 407
49 337
Living cost
31 654
31 654
31 654
31 654
Free-cash
17 100
18 115
13 753
17 683

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
-₽4641
₽2297
₽2033
₽2082
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
6 436
pensions
-
-
-
24 205
other
-
-
-
2 712
health
-
-
-
881
surtax
-
-
-
-
social contributions
-
-
-
2 492
total
-
-
-
36 726
Employee
63 206
-
66 677
-
social contributions
1 800
-
1 900
-
surtax
-
-
-
-
income
5 515
-
6 415
-
pensions
7 149
-
7 540
-
total
14 464
-
15 855
-
Employer
63 206
-
66 677
-
other
2 181
-
2 300
-
social contributions
190
-
199
-
unemployment
2 560
-
2 700
-
pensions
10 386
-
10 956
-
health
4 424
-
4 667
-
total
19 741
-
20 822
-
Corporate
4 553
87 500
-
-
surtax
-
-
-
-
income
1 275
24 500
-
-
total
1 275
24 500
-
-
Dividends
3 278
63 000
-
-
surtax
-
-
-
-
social contributions
563
10 836
-
-
withholding
419
8 064
-
-
total
982
18 900
-
-
Income
87 500
87 500
87 500
87 500
Total tax
36 462
43 400
36 677
36 726
After tax
51 038
44 100
50 823
50 774
Living cost
48 742
48 742
48 742
48 742
Free-cash
2 297
-4 641
2 082
2 033

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
₽48415
₽45025
₽36800
₽39255
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
1 115
social contributions
-
-
-
19 250
total
-
-
-
20 365
Employee
32 444
-
75 757
-
income
-
-
1 243
-
social contributions
2 109
-
4 926
-
total
2 109
-
6 169
-
Employer
32 444
-
75 757
-
social contributions
5 029
-
11 741
-
total
5 029
-
11 741
-
Corporate
50 027
87 500
-
-
income
5 002
8 750
-
-
total
5 002
8 750
-
-
Dividends
45 025
78 750
-
-
total
-
-
-
-
Income
87 500
87 500
87 500
87 500
Total tax
12 140
8 750
17 910
20 365
After tax
75 360
78 750
69 590
67 135
Living cost
30 335
30 335
30 335
30 335
Free-cash
45 025
48 415
39 255
36 800

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
-₽132471
-₽132471
₽6274
-₽132471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
15 723
pensions
-
-
-
875
national
-
-
-
9 075
labour market
-
-
-
6 930
total
-
-
-
32 603
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
87 500
87 500
87 500
87 500
Total tax
171 348
171 348
171 348
32 603
After tax
-83 848
-83 848
-83 848
54 897
Living cost
48 623
48 623
48 623
48 623
Free-cash
-132 471
-132 471
-132 471
6 274

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
-₽14656
₽3752
₽38393
₽22651
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
253
income
-
-
-
20 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 364
Employee
34 203
-
73 424
-
health
3 917
-
8 407
-
income
4 692
-
12 969
-
pensions
3 852
-
7 653
-
total
12 461
-
29 029
-
Employer
34 203
-
73 424
-
accident
571
-
1 226
-
unemployment
838
-
1 799
-
pensions
5 561
-
11 052
-
total
6 970
-
14 077
-
Corporate
46 326
87 500
-
-
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.

41 694
78 750
-
-
total
41 694
78 750
-
-
Dividends
4 632
8 750
-
-
withholding
880
1 663
-
-
total
880
1 663
-
-
Income
87 500
87 500
87 500
87 500
Total tax
62 005
80 413
43 106
27 364
After tax
25 495
7 087
44 394
60 136
Living cost
21 743
21 743
21 743
21 743
Free-cash
3 752
-14 656
22 651
38 393

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
₽20460
₽16876
₽24892
₽12233
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
87 500
municipal
-
-
-
15 583
health
-
-
-
927
national
-
-
-
7 353
total
-
-
-
23 863
Employee
53 094
-
73 610
-
health
396
-
712
-
municipal
8 696
-
12 029
-
pensions
3 583
-
4 968
-
unemployment
797
-
1 105
-
national
877
-
3 817
-
total
14 349
-
22 631
-
Employer
53 094
-
73 610
-
accident
54
-
73
-
unemployment
345
-
479
-
pensions
9 212
-
12 772
-
health
408
-
567
-
total
10 019
-
13 891
-
Corporate
24 388
87 500
-
-
income
4 878
17 500
-
-
total
4 878
17 500
-
-
Dividends

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

14 633
52 500
-
-
national
-
1 346
-
-
municipal
2 633
9 449
-
-
total
2 633
10 795
-
-
Income
87 500
87 500
87 500
87 500
Total tax
31 879
28 295
36 522
23 863
After tax
55 621
59 205
50 978
63 637
Living cost
38 745
38 745
38 745
38 745
Free-cash
16 876
20 460
12 233
24 892

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
₽40763
₽35269
₽40537
₽40449
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
7 716
health
-
-
-
2 231
social contributions
-
-
-
13 651
total
-
-
-
23 598
Employee
77 600
77 600
79 437
-
social contributions
2 934
6 440
6 594
-
health
601
1 319
1 350
-
income
8 449
7 183
7 679
-
total
11 984
14 942
15 623
-
Employer
77 600
77 600
79 437
-
social contributions
2 934
6 440
6 594
-
health
653
1 436
1 469
-
total
3 587
7 876
8 063
-
Corporate
48 563
2 023
-
-
income
6 071
253
-
-
total
6 071
253
-
-
Dividends
42 493
1 770
-
-
withholding
7 224
301
-
-
total
7 224
301
-
-
Income
87 500
87 500
87 500
87 500
Total tax
28 866
23 372
23 686
23 598
After tax
58 634
64 128
63 814
63 902
Living cost
23 365
23 365
23 365
23 365
Free-cash
35 269
40 763
40 449
40 537

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
₽56436
₽51302
₽53220
₽37992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87 500
income
-
-
-
8 157
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 257
Employee

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

23 164
-
79 330
-
health
1 969
-
6 743
-
income
1 584
-
6 276
-
pensions
3 474
-
11 900
-
unemployment
115
-
396
-
total
7 142
-
25 315
-
Employer

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

23 164
-
79 330
-
unemployment
115
-
396
-
pensions
1 274
-
4 363
-
health
996
-
3 411
-
total
2 385
-
8 170
-
Corporate
61 952
87 500
-
-
income
5 575
7 875
-
-
total
5 575
7 875
-
-
Dividends
56 377
79 625
-
-
withholding
5 073
7 166
-
-
total
5 073
7 166
-
-
Income
87 500
87 500
87 500
87 500
Total tax
20 175
15 041
33 485
18 257
After tax
67 325
72 459
54 015
69 243
Living cost
16 023
16 023
16 023
16 023
Free-cash
51 302
56 436
37 992
53 220

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
₽31235
₽25942
₽18637
₽19260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
787
income
-
-
-
14 862
pensions
-
-
-
24 762
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
41 112
Employee
37 315
-
66 348
-
other
36
-
67
-
income
7 194
-
15 126
-
pensions
1 754
-
3 118
-
unemployment
578
-
1 028
-
total
9 562
-
19 339
-
Employer
37 315
-
66 348
-
accident
739
-
1 314
-
other
299
-
530
-
unemployment
2 053
-
3 648
-
pensions
8 806
-
15 658
-
total
11 897
-
21 150
-
Corporate
38 289
87 500
-
-
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.

5 743
13 124
-
-
total
5 743
13 124
-
-
Dividends
32 545
74 376
-
-
withholding
6 605
15 390
-
-
total
6 605
15 390
-
-
Income
87 500
87 500
87 500
87 500
Total tax
33 807
28 514
40 489
41 112
After tax
53 693
58 986
47 011
46 388
Living cost
27 751
27 751
27 751
27 751
Free-cash
25 942
31 235
19 260
18 637

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
₽51844
₽51390
₽52501
₽52303
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
28 776
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
32 243
Employee
4 198
-
85 238
-
health
210
-
503
-
income
812
-
28 670
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
30 179
-
Employer
4 198
-
85 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
82 358
87 500
-
-
income
18 119
19 250
-
-
total
18 119
19 250
-
-
Dividends
64 239
68 250
-
-
withholding
12 848
13 650
-
-
total
12 848
13 650
-
-
Income
87 500
87 500
87 500
87 500
Total tax
33 354
32 900
32 441
32 243
After tax
54 146
54 600
55 059
55 257
Living cost
2 756
2 756
2 756
2 756
Free-cash
51 390
51 844
52 303
52 501

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
₽45766
₽40801
₽27214
₽27304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
income
-
-
-
14 640
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
42 833
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
-
74 215
-
health
1 355
-
3 822
-
income
3 628
-
14 689
-
pensions
3 685
-
10 390
-
unemployment
197
-
557
-
total
8 865
-
29 458
-
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
-
74 215
-
unemployment
197
-
557
-
pensions
3 158
-
8 906
-
health
1 355
-
3 822
-
total
4 710
-
13 285
-
Corporate
56 470
87 500
-
-
income
8 471
13 125
-
-
total
8 471
13 125
-
-
Dividends
48 000
74 375
-
-
withholding
7 200
11 156
-
-
total
7 200
11 156
-
-
Income
87 500
87 500
87 500
87 500
Total tax
29 246
24 281
42 743
42 833
After tax
58 254
63 219
44 757
44 667
Living cost
17 453
17 453
17 453
17 453
Free-cash
40 801
45 766
27 304
27 214

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
₽22563
₽22200
₽22131
₽18201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
income
-
-
-
7 757
surtax
-
-
-
-
social contributions

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

-
-
-
30 406
total
-
-
-
38 163
Employee
39 168
-
70 707
-
social contributions
4 309
-
7 777
-
surtax
-
-
-
-
income
7 653
-
17 523
-
total
11 962
-
25 300
-
Employer
39 168
-
70 707
-
social contributions
9 302
-
16 793
-
total
9 302
-
16 793
-
Corporate
39 030
87 500
-
-
surtax
-
-
-
-
income
8 197
18 375
-
-
total
8 197
18 375
-
-
Dividends
30 834
69 125
-
-
withholding
8 633
19 356
-
-
total
8 633
19 356
-
-
Income
87 500
87 500
87 500
87 500
Total tax
38 094
37 731
42 093
38 163
After tax
49 406
49 769
45 407
49 337
Living cost
27 206
27 206
27 206
27 206
Free-cash
22 200
22 563
18 201
22 131

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
₽23519
₽15821
₽10921
₽11544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
787
income
-
-
-
14 862
pensions
-
-
-
24 762
other
-
-
-
88
unemployment
-
-
-
613
total
-
-
-
41 112
Employee
48 738
-
66 348
-
other
48
-
67
-
income
10 180
-
15 126
-
pensions
2 290
-
3 118
-
unemployment
755
-
1 028
-
total
13 273
-
19 339
-
Employer
48 738
-
66 348
-
accident
965
-
1 314
-
other
391
-
530
-
unemployment
2 681
-
3 648
-
pensions
11 502
-
15 658
-
total
15 539
-
21 150
-
Corporate
23 223
87 500
-
-
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.

3 484
13 124
-
-
total
3 484
13 124
-
-
Dividends
19 739
74 376
-
-
withholding
3 916
15 390
-
-
total
3 916
15 390
-
-
Income
87 500
87 500
87 500
87 500
Total tax
36 212
28 514
40 489
41 112
After tax
51 288
58 986
47 011
46 388
Living cost
35 467
35 467
35 467
35 467
Free-cash
15 821
23 519
11 544
10 921

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
₽57442
₽51289
₽47588
₽50043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
13 125
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
-
-
-
22 542
Employee
23 001
-
80 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 058
-
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
-
13 165
-
Employer
23 001
-
80 580
-
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
59 986
87 500
-
-
income
5 998
8 750
-
-
total
5 998
8 750
-
-
Dividends
53 988
78 750
-
-
withholding
2 699
3 938
-
-
total
2 699
3 938
-
-
Income
87 500
87 500
87 500
87 500
Total tax
18 840
12 688
20 086
22 542
After tax
68 660
74 812
67 414
64 958
Living cost
17 370
17 370
17 370
17 370
Free-cash
51 289
57 442
50 043
47 588

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
₽6219
₽19420
₽18957
₽24781
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
trade
-
-
-
5 824
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.

-
-
-
15 985
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.

-
-
-
879
total
-
-
-
29 582
Employee

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

50 212
-
87 500
-
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
-
879
-
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
-
15 985
-
total
11 251
-
23 758
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 288
87 500
-
-
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.

308
722
-
-
income
5 594
13 124
-
-
trade
5 351
12 555
-
-
chamber of commerce
209
282
-
-
total
11 462
26 683
-
-
Dividends
25 826
60 817
-
-
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.

333
816
-
-
withholding
6 073
14 821
-
-
total
6 406
15 637
-
-
Income
87 500
87 500
87 500
87 500
Total tax
29 119
42 320
23 758
29 582
After tax
58 381
45 180
63 742
57 918
Living cost
38 961
38 961
38 961
38 961
Free-cash
19 420
6 219
24 781
18 957

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
₽3763
₽5990
₽4193
₽4193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
18 320
social contributions
-
-
-
7 500
total
-
-
-
25 820
Employee
78 939
-
87 500
-
income
14 896
-
18 320
-
social contributions
6 558
-
7 500
-
total
21 454
-
25 820
-
Employer
78 939
-
87 500
-
total
-
-
-
-
Corporate
8 561
87 500
-
-
income
1 071
10 937
-
-
total
1 071
10 937
-
-
Dividends
7 490
76 563
-
-
withholding
1 498
15 313
-
-
total
1 498
15 313
-
-
Income
87 500
87 500
87 500
87 500
Total tax
24 023
26 250
25 820
25 820
After tax
63 477
61 250
61 680
61 680
Living cost
57 487
57 487
57 487
57 487
Free-cash
5 990
3 763
4 193
4 193

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
₽14911
₽20203
₽15400
₽27421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
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
-
82 858
-
income
5 023
-
14 162
-
social contributions
4 638
-
4 642
-
total
9 661
-
18 804
-
Employer
46 295
-
82 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
36 567
87 500
-
-
income
12 799
30 624
-
-
total
12 799
30 624
-
-
Dividends
23 768
56 876
-
-
social contributions
3 566
5 332
-
-
total
3 566
5 332
-
-
Income
87 500
87 500
87 500
87 500
Total tax
30 664
35 956
23 446
35 467
After tax
56 836
51 544
64 054
52 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
20 203
14 911
27 421
15 400

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
₽27946
₽22229
₽27438
₽17633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
income
-
-
-
16 263
pensions
-
-
-
6 184
total
-
-
-
22 447
Employee
51 632
-
77 279
-
health
674
-
1 200
-
income
9 403
-
13 812
-
pensions
3 941
-
7 019
-
total
14 018
-
22 031
-
Employer
51 632
-
77 279
-
pensions
5 217
-
8 754
-
health
981
-
1 467
-
total
6 198
-
10 221
-
Corporate
29 670
87 500
-
-
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.

5 638
16 624
-
-
total
5 638
16 624
-
-
Dividends
24 032
70 876
-
-
withholding
1 802
5 315
-
-
total
1 802
5 315
-
-
Income
87 500
87 500
87 500
87 500
Total tax
27 656
21 939
32 252
22 447
After tax
59 844
65 561
55 248
65 053
Living cost
37 615
37 615
37 615
37 615
Free-cash
22 229
27 946
17 633
27 438

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
-₽16809
₽3420
₽36240
₽20498
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
accident
-
-
-
253
income
-
-
-
20 377
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
27 364
Employee
37 589
-
73 424
-
health
4 304
-
8 407
-
income
5 157
-
12 969
-
pensions
4 233
-
7 653
-
total
13 694
-
29 029
-
Employer
37 589
-
73 424
-
accident
628
-
1 226
-
unemployment
921
-
1 799
-
pensions
6 112
-
11 052
-
total
7 661
-
14 077
-
Corporate
42 251
87 500
-
-
income

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

38 026
78 750
-
-
total
38 026
78 750
-
-
Dividends
4 225
8 750
-
-
withholding
803
1 663
-
-
total
803
1 663
-
-
Income
87 500
87 500
87 500
87 500
Total tax
60 184
80 413
43 106
27 364
After tax
27 316
7 087
44 394
60 136
Living cost
23 896
23 896
23 896
23 896
Free-cash
3 420
-16 809
20 498
36 240

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
₽60744
₽55837
₽36745
₽38618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
87 500
work injury
-
-
-
438
health insurance
-
-
-
6 475
income
-
-
-
13 061
pensions
-
-
-
16 100
unemployment
-
-
-
1 050
total
-
-
-
37 124
Employee

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

21 810
-
87 500
-
work injury
109
-
403
-
income
2 181
-
13 061
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 251
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
65 690
87 500
-
-
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
65 690
87 500
-
-
withholding
9 853
13 125
-
-
total
9 853
13 125
-
-
Income
87 500
87 500
87 500
87 500
Total tax
18 032
13 125
35 251
37 124
After tax
69 468
74 375
52 249
50 376
Living cost
13 631
13 631
13 631
13 631
Free-cash
55 837
60 744
38 618
36 745

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
₽5885
₽1295
₽4935
₽930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
87 500
municipal
-
-
-
584
regional
-
-
-
1 623
national
-
-
-
17 651
social contributions
-
-
-
22 504
total
-
-
-
42 362
Employee
85 039
-
87 500
-
social contributions
28 675
-
29 506
-
regional
1 284
-
1 349
-
municipal
507
-
523
-
national
14 371
-
14 989
-
total
44 837
-
46 367
-
Employer
85 039
-
87 500
-
total
-
-
-
-
Corporate
2 461
87 500
-
-
nationa
590
21 001
-
-
municipal
119
4 217
-
-
total
709
25 218
-
-
Dividends
1 753
62 282
-
-
withholding
456
16 194
-
-
total
456
16 194
-
-
Income
87 500
87 500
87 500
87 500
Total tax
46 002
41 412
46 367
42 362
After tax
41 498
46 088
41 133
45 138
Living cost
40 203
40 203
40 203
40 203
Free-cash
1 295
5 885
930
4 935

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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