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
₽ 88500
per

Your estimated
City
free-cash

Dresden , Germany
₽34965
₽15965
₽27989
₽26483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
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.

-
-
-
6 496
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.

-
-
-
17 286
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.

-
-
-
951
trade
-
-
-
6 976
total
-
-
-
31 709
Employee

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

36 370
-
88 500
-
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.

56
-
951
-
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.

1 016
-
17 286
-
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.

6 496
-
6 496
-
total
7 568
-
24 733
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 130
88 500
-
-
chamber of commerce
220
271
-
-
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.

429
731
-
-
trade
8 211
13 938
-
-
income
7 819
13 274
-
-
total
16 679
28 214
-
-
Dividends
35 450
60 286
-
-
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.

467
808
-
-
withholding
8 501
14 711
-
-
total
8 968
15 519
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 215
43 733
24 733
31 709
After tax
55 285
44 767
63 767
56 791
Living cost
28 802
28 802
28 802
28 802
Free-cash
26 483
15 965
34 965
27 989

Estimated living cost  is ₽28802 per week

₽18117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4204
₽4968
₽3510
₽3525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
951
pensions
-
-
-
10 620
national
-
-
-
14 078
municipal
-
-
-
9 085
total
-
-
-
34 734
Employee
77 906
-
76 507
-
municipal
9 623
-
9 428
-
national
14 911
-
14 609
-
pensions
3 116
-
3 060
-
total
27 650
-
27 097
-
Employer
77 906
-
76 507
-
pensions
6 232
-
6 121
-
social contributions
837
-
822
-
total
7 069
-
6 943
-
Corporate
-
88 500
-
-
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%.

-
17 700
-
-
total
-
17 700
-
-
Dividends
-
70 800
-
-
withholding
-
15 576
-
-
total
-
15 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 719
33 276
34 040
34 734
After tax
53 781
55 224
54 460
53 766
Living cost
50 256
50 256
50 256
50 256
Free-cash
3 525
4 968
4 204
3 510

Estimated living cost  is ₽50256 per week

₽34158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30176
₽51016
₽27536
₽43217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
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.

-
-
-
28 452
income
-
-
-
12 729
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
41 181
Employee
27 786
-
71 319
-
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.

3 057
-
7 844
-
income
4 946
-
13 516
-
total
8 003
-
21 360
-
Employer
27 786
-
71 319
-
surtax
-
-
-
-
social contributions

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

6 693
-
17 181
-
total
6 693
-
17 181
-
Corporate
54 021
88 500
-
-
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%.

10 804
17 701
-
-
total
10 804
17 701
-
-
Dividends

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

43 217
70 799
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
25 500
17 701
38 541
41 181
After tax
63 000
70 799
49 959
47 319
Living cost
19 783
19 783
19 783
19 783
Free-cash
43 217
51 016
30 176
27 536

Estimated living cost  is ₽19783 per week

₽12621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5928
-₽590
₽10436
-₽5928
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
11 017
income
-
-
-
16 071
pensions
-
-
-
11 141
total
-
-
-
38 229
Employee
81 204
81 204
81 204
-
income

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

13 292
13 292
13 292
-
pensions
14 617
11 141
14 617
-
health
12 464
10 602
12 464
-
total
40 373
35 035
40 373
-
Employer
81 204
81 204
81 204
-
unemployment
2 923
2 923
2 923
-
health
5 645
5 645
5 645
-
pensions
5 652
5 652
5 652
-
total
14 220
14 220
14 220
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
54 593
49 255
54 593
38 229
After tax
33 907
39 245
33 907
50 271
Living cost
39 835
39 835
39 835
39 835
Free-cash
-5 928
-590
-5 928
10 436

Estimated living cost  is ₽39835 per week

₽28230
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3591
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7952
₽9014
₽5289
₽8132
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
10 010
health
-
-
-
5 375
accident
-
-
-
172
pensions
-
-
-
9 312
national
-
-
-
-
unemployment
-
-
-
86
municipal
-
-
-
18 949
total
-
-
-
43 904
Employee
56 008
-
67 341
-
municipal
16 702
-
20 081
-
national
-
-
-
-
total
16 702
-
20 081
-
Employer
56 008
-
67 341
-
other
6 508
-
7 825
-
unemployment
1 479
-
1 778
-
health
3 444
-
4 142
-
accident
112
-
135
-
pensions
6 054
-
7 280
-
total
17 597
-
21 160
-
Corporate
14 894
88 500
-
-
income
3 277
19 470
-
-
total
3 277
19 470
-
-
Dividends
11 617
69 030
-
-
withholding
3 485
20 709
-
-
total
3 485
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 061
40 179
41 241
43 904
After tax
47 439
48 321
47 259
44 596
Living cost
39 307
39 307
39 307
39 307
Free-cash
8 132
9 014
7 952
5 289

Estimated living cost  is ₽39307 per week

₽26051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26411
₽6953
₽19126
₽20316
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
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.

-
-
-
6 496
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.

-
-
-
17 286
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.

-
-
-
951
trade
-
-
-
7 285
total
-
-
-
32 018
Employee

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

48 222
-
88 500
-
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.

227
-
951
-
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.

4 143
-
17 286
-
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.

6 496
-
6 496
-
total
10 866
-
24 733
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 278
88 500
-
-
chamber of commerce
202
271
-
-
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.

332
731
-
-
trade
6 626
14 559
-
-
income
6 042
13 274
-
-
total
13 202
28 835
-
-
Dividends
27 076
59 665
-
-
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.

352
801
-
-
withholding
6 408
14 555
-
-
total
6 760
15 356
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 828
44 191
24 733
32 018
After tax
57 672
44 309
63 767
56 482
Living cost
37 356
37 356
37 356
37 356
Free-cash
20 316
6 953
26 411
19 126

Estimated living cost  is ₽37356 per week

₽24984
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32750
₽33976
₽32838
₽30032
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
13 806
health
-
-
-
2 257
income
-
-
-
8 756
total
-
-
-
24 819
Employee
73 120
73 120
80 344
-
social contributions
3 553
6 069
6 668
-
income
7 678
6 769
8 718
-
health
727
1 243
1 366
-
total
11 958
14 081
16 752
-
Employer
73 120
73 120
80 344
-
health
792
1 353
1 487
-
social contributions
3 553
6 069
6 668
-
total
4 345
7 422
8 155
-
Corporate
41 353
7 958
-
-
income
5 170
994
-
-
total
5 170
994
-
-
Dividends
36 183
6 963
-
-
withholding
6 152
1 184
-
-
total
6 152
1 184
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 625
23 681
24 907
24 819
After tax
60 875
64 819
63 593
63 681
Living cost
30 843
30 843
30 843
30 843
Free-cash
30 032
33 976
32 750
32 838

Estimated living cost  is ₽30843 per week

₽21084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33827
₽32408
₽43832
₽32771
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
6 195
income
-
-
-
10 819
pensions
-
-
-
8 850
unemployment
-
-
-
1 327
total
-
-
-
27 191
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.

25 229
10 041
74 059
-
income
3 084
1 227
9 054
-
pensions
2 523
1 004
7 406
-
health
1 766
703
5 184
-
unemployment
378
151
1 111
-
total
7 751
3 085
22 755
-
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.

25 229
10 041
74 059
-
pensions
4 920
1 958
14 441
-
total
4 920
1 958
14 441
-
Corporate
58 351
76 501
-
-
income
5 252
6 885
-
-
total
5 252
6 885
-
-
Dividends
53 100
69 616
-
-
social contributions
10 240
13 460
-
-
withholding
10 089
13 227
-
-
total
20 329
26 687
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 252
38 615
37 196
27 191
After tax
50 248
49 885
51 304
61 309
Living cost
17 477
17 477
17 477
17 477
Free-cash
32 771
32 408
33 827
43 832

Estimated living cost  is ₽17477 per week

₽11927
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1430
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Budapest model

Close
Tallinn , Estonia
₽28042
₽47831
₽24466
₽41924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
11 506
income
-
-
-
11 859
pensions
-
-
-
17 701
total
-
-
-
41 066
Employee
26 976
-
66 144
-
income
3 037
-
12 753
-
pensions
540
-
1 323
-
unemployment
431
-
1 057
-
total
4 008
-
15 133
-
Employer
26 976
-
66 144
-
unemployment
217
-
529
-
health
3 506
-
8 599
-
pensions
5 396
-
13 229
-
total
9 119
-
22 357
-
Corporate
52 406
88 500
-
-
income
10 481
17 701
-
-
total
10 481
17 701
-
-
Dividends
41 925
70 799
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
23 608
17 701
37 490
41 066
After tax
64 892
70 799
51 010
47 434
Living cost
22 968
22 968
22 968
22 968
Free-cash
41 924
47 831
28 042
24 466

Estimated living cost  is ₽22968 per week

₽15754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24232
-₽13863
₽39755
₽3943
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
21 055
pensions
-
-
-
3 978
total
-
-
-
27 713
Employee
33 085
-
74 882
-
income
4 539
-
13 750
-
pensions
3 725
-
7 294
-
health
3 788
-
8 574
-
total
12 052
-
29 618
-
Employer
33 085
-
74 882
-
unemployment
811
-
1 835
-
accident
552
-
1 250
-
pensions
5 380
-
10 533
-
total
6 743
-
13 618
-
Corporate
48 672
88 500
-
-
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.

43 805
79 650
-
-
total
43 805
79 650
-
-
Dividends
4 867
8 850
-
-
withholding
925
1 681
-
-
total
925
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 525
81 331
43 236
27 713
After tax
24 975
7 169
45 264
60 787
Living cost
21 032
21 032
21 032
21 032
Free-cash
3 943
-13 863
24 232
39 755

Estimated living cost  is ₽21032 per week

₽15415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62835
₽76110
₽79650
₽74617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
9 956
-
88 500
-
income
1 991
-
17 700
-
total
1 991
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

78 544
88 500
-
-
total
-
-
-
-
Dividends
78 544
88 500
-
-
withholding
3 927
4 425
-
-
total
3 927
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 918
4 425
17 700
885
After tax
82 582
84 075
70 800
87 615
Living cost
7 965
7 965
7 965
7 965
Free-cash
74 617
76 110
62 835
79 650

Estimated living cost  is ₽7965 per week

₽4936
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽219
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26538
₽39683
₽22582
₽33262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
4 205
health
-
-
-
3 894
income
-
-
-
11 240
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.

-
-
-
21 241
total
-
-
-
40 580
Employee
34 526
-
70 688
-
income
5 944
-
12 168
-
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.

2 416
-
4 948
-
health
484
-
989
-
unemployment
345
-
707
-
total
9 189
-
18 812
-
Employer
34 526
-
70 688
-
other
1 727
-
3 535
-
unemployment
345
-
707
-
health
484
-
989
-
accident
276
-
565
-
pensions

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

5 870
-
12 016
-
total
8 702
-
17 812
-
Corporate
45 272
88 500
-
-
income
9 506
18 585
-
-
total
9 506
18 585
-
-
Dividends
35 766
69 915
-
-
withholding
2 503
4 894
-
-
total
2 503
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 900
23 479
36 624
40 580
After tax
58 600
65 021
51 876
47 920
Living cost
25 338
25 338
25 338
25 338
Free-cash
33 262
39 683
26 538
22 582

Estimated living cost  is ₽25338 per week

₽17903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
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.
₽5316
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7550
₽3134
₽1694
-₽13135
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
17 242
pensions
-
-
-
6 389
total
-
-
-
23 631
Employee
89 383
-
78 030
-
income
16 112
-
13 905
-
health
1 473
-
1 240
-
pensions
8 623
-
7 260
-
total
26 208
-
22 405
-
Employer
89 383
-
78 030
-
health
1 698
-
1 483
-
pensions
10 554
-
8 987
-
total
12 252
-
10 470
-
Corporate
-
88 500
-
-
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.

-
16 815
-
-
total
-
16 815
-
-
Dividends
-
71 685
-
-
withholding
-
5 376
-
-
total
-
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 460
22 191
32 875
23 631
After tax
50 040
66 309
55 625
64 869
Living cost
63 175
63 175
63 175
63 175
Free-cash
-13 135
3 134
-7 550
1 694

Estimated living cost  is ₽63175 per week

₽47338
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7423
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7901
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽56629
₽63264
₽54000
₽58869
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
3 800
income
-
-
-
13 275
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
22 097
Employee
16 423
-
82 017
-
income
1 642
-
8 202
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 442
-
2 901
-
health
755
-
1 520
-
total
4 020
-
12 986
-
Employer
16 423
-
82 017
-
unemployment
98
-
198
-
health
1 134
-
2 280
-
accident

We are using the highest rate at 1.1%.

181
-
363
-
pensions

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

1 810
-
3 641
-
total
3 223
-
6 482
-
Corporate
68 855
88 500
-
-
income
6 886
8 850
-
-
total
6 886
8 850
-
-
Dividends
61 969
79 650
-
-
withholding
3 099
3 983
-
-
total
3 099
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 228
12 833
19 468
22 097
After tax
71 272
75 667
69 032
66 403
Living cost
12 403
12 403
12 403
12 403
Free-cash
58 869
63 264
56 629
54 000

Estimated living cost  is ₽12403 per week

₽7241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽886
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3948
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18822
-₽13484
-₽2458
-₽15096
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
11 017
income
-
-
-
16 071
pensions
-
-
-
11 141
total
-
-
-
38 229
Employee
88 161
81 204
81 204
-
income

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

13 292
13 292
13 292
-
pensions
11 141
11 141
14 617
-
health
10 999
10 602
12 464
-
total
35 432
35 035
40 373
-
Employer
88 161
81 204
81 204
-
unemployment
3 174
2 923
2 923
-
health
6 126
5 645
5 645
-
pensions
6 135
5 652
5 652
-
total
15 435
14 220
14 220
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
50 867
49 255
54 593
38 229
After tax
37 633
39 245
33 907
50 271
Living cost
52 729
52 729
52 729
52 729
Free-cash
-15 096
-13 484
-18 822
-2 458

Estimated living cost  is ₽52729 per week

₽38897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21471
₽37492
₽19663
₽29129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
25 842
health
-
-
-
11 948
income
-
-
-
7 607
solidarity contribution
-
-
-
-
total
-
-
-
45 397
Employee
34 470
-
66 045
-
social contributions
2 241
-
4 293
-
solidarity contribution
-
-
-
-
income
4 136
-
7 925
-
health
4 654
-
8 916
-
total
11 031
-
21 134
-
Employer
34 470
-
66 045
-
health
3 102
-
5 944
-
social contributions
8 618
-
16 511
-
total
11 720
-
22 455
-
Corporate
42 310
88 500
-
-
income
8 039
16 815
-
-
total
8 039
16 815
-
-
Dividends
34 271
71 685
-
-
withholding
5 141
10 753
-
-
total
5 141
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 931
27 568
43 589
45 397
After tax
52 569
60 932
44 911
43 103
Living cost
23 440
23 440
23 440
23 440
Free-cash
29 129
37 492
21 471
19 663

Estimated living cost  is ₽23440 per week

₽16282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1668
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.
₽5030
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1572
₽7093
₽5784
₽2129
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
national
-
-
-
18 339
regional
-
-
-
965
municipal
-
-
-
525
total
-
-
-
42 591
Employee
84 511
-
88 500
-
social contributions
28 497
-
29 841
-
municipal
448
-
469
-
national
14 644
-
15 649
-
regional
797
-
844
-
total
44 386
-
46 803
-
Employer
84 511
-
88 500
-
total
-
-
-
-
Corporate
3 989
88 500
-
-
nationa
958
21 239
-
-
municipal
155
3 452
-
-
total
1 113
24 691
-
-
Dividends
2 876
63 809
-
-
withholding
747
16 591
-
-
total
747
16 591
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 246
41 282
46 803
42 591
After tax
42 254
47 218
41 697
45 909
Living cost
40 125
40 125
40 125
40 125
Free-cash
2 129
7 093
1 572
5 784

Estimated living cost  is ₽40125 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23520
₽34683
₽25224
₽31724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
-
health
-
-
-
6 283
income
-
-
-
16 212
pensions
-
-
-
17 701
surtax
-
-
-
1 880
unemployment
-
-
-
217
total
-
-
-
42 293
Employee
31 446
-
73 111
-
surtax
103
-
1 684
-
income
5 271
-
15 095
-
other
-
-
-
-
pensions
2 097
-
4 876
-
health
803
-
1 864
-
unemployment
2 189
-
5 089
-
total
10 463
-
28 608
-
Employer
31 446
-
73 111
-
other
-
-
-
-
unemployment
996
-
2 317
-
health
1 431
-
3 326
-
pensions
4 192
-
9 746
-
total
6 619
-
15 389
-
Corporate
50 435
88 500
-
-
income
13 113
23 010
-
-
total
13 113
23 010
-
-
Dividends
37 322
65 490
-
-
withholding
5 598
9 824
-
-
total
5 598
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 793
32 834
43 997
42 293
After tax
52 707
55 666
44 503
46 207
Living cost
20 983
20 983
20 983
20 983
Free-cash
31 724
34 683
23 520
25 224

Estimated living cost  is ₽20983 per week

₽12830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1936
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.
₽5733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12466
₽23150
₽21710
₽15715
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
17 242
pensions
-
-
-
6 389
total
-
-
-
23 631
Employee
59 902
-
78 030
-
income
10 789
-
13 905
-
health
870
-
1 240
-
pensions
5 084
-
7 260
-
total
16 743
-
22 405
-
Employer
59 902
-
78 030
-
health
1 138
-
1 483
-
pensions
6 484
-
8 987
-
total
7 622
-
10 470
-
Corporate
20 976
88 500
-
-
income

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

3 986
16 815
-
-
total
3 986
16 815
-
-
Dividends
16 990
71 685
-
-
withholding
1 275
5 376
-
-
total
1 275
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 626
22 191
32 875
23 631
After tax
58 874
66 309
55 625
64 869
Living cost
43 159
43 159
43 159
43 159
Free-cash
15 715
23 150
12 466
21 710

Estimated living cost  is ₽43159 per week

₽32335
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽6786
-₽36001
-₽2251
-₽9514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
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.

-
-
-
1 770
health
-
-
-
249
pensions
-
-
-
8 143
city
-
-
-
933
national
-
-
-
402
regional
-
-
-
2 783
total
-
-
-
14 280
Employee
89 491
-
79 210
-
national
424
-
341
-
city
960
-
850
-
pensions
7 518
-
6 654
-
health
202
-
179
-
regional
2 930
-
2 373
-
unemployment
-
-
-
-
total
12 034
-
10 397
-
Employer
89 491
-
79 210
-
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.

1 789
-
1 585
-
unemployment
-
-
-
-
health
202
-
179
-
pensions
7 518
-
6 654
-
total
9 509
-
8 418
-
Corporate
-
88 500
-
-
regional
-
18 717
-
-
national
-
7 522
-
-
total
-
26 239
-
-
Dividends
-
62 260
-
-
withholding
-
21 791
-
-
total
-
21 791
-
-
Income
88 500
88 500
88 500
88 500
Total tax
21 543
48 030
18 815
14 280
After tax
66 957
40 470
69 685
74 220
Living cost
76 471
76 471
76 471
76 471
Free-cash
-9 514
-36 001
-6 786
-2 251

Estimated living cost  is ₽76471 per week

₽49728
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽939
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18941
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20205
₽294
₽12610
₽15714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
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.

-
-
-
6 496
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.

-
-
-
17 286
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.

-
-
-
951
trade
-
-
-
7 595
total
-
-
-
32 328
Employee

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

57 148
-
88 500
-
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.

370
-
951
-
income

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

6 720
-
17 286
-
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.

6 496
-
6 496
-
total
13 586
-
24 733
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 352
88 500
-
-
chamber of commerce
188
269
-
-
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.

258
731
-
-
trade
5 377
15 178
-
-
income
4 703
13 274
-
-
total
10 526
29 452
-
-
Dividends
20 826
59 048
-
-
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.

267
792
-
-
withholding
4 845
14 400
-
-
total
5 112
15 192
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 224
44 644
24 733
32 328
After tax
59 276
43 856
63 767
56 172
Living cost
43 562
43 562
43 562
43 562
Free-cash
15 714
294
20 205
12 610

Estimated living cost  is ₽43562 per week

₽31816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18118
₽12069
₽18616
₽17687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
2 745
social contributions
-
-
-
2 521
health
-
-
-
1 276
income
-
-
-
7 497
pensions
-
-
-
23 311
surtax
-
-
-
-
total
-
-
-
37 350
Employee
40 697
-
67 439
-
surtax
-
-
-
-
social contributions
1 160
-
1 922
-
income
2 402
-
7 239
-
pensions
4 602
-
7 626
-
total
8 164
-
16 787
-
Employer
40 697
-
67 439
-
other
1 404
-
2 326
-
unemployment
1 648
-
2 732
-
health
2 849
-
4 721
-
pensions
6 686
-
11 080
-
social contributions
123
-
202
-
total
12 710
-
21 061
-
Corporate
35 093
88 500
-
-
surtax
-
-
-
-
income
9 826
24 780
-
-
total
9 826
24 780
-
-
Dividends
25 268
63 720
-
-
social contributions
4 345
10 961
-
-
surtax
-
-
-
-
withholding
3 234
8 156
-
-
total
7 579
19 117
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 279
43 897
37 848
37 350
After tax
50 221
44 603
50 652
51 150
Living cost
32 534
32 534
32 534
32 534
Free-cash
17 687
12 069
18 118
18 616

Estimated living cost  is ₽32534 per week

₽20514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21342
₽15293
₽21840
₽20577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
2 745
social contributions
-
-
-
2 521
health
-
-
-
1 276
income
-
-
-
7 497
pensions
-
-
-
23 311
surtax
-
-
-
-
total
-
-
-
37 350
Employee
36 328
-
67 439
-
surtax
-
-
-
-
social contributions
1 036
-
1 922
-
income
1 873
-
7 239
-
pensions
4 109
-
7 626
-
total
7 018
-
16 787
-
Employer
36 328
-
67 439
-
other
1 254
-
2 326
-
unemployment
1 471
-
2 732
-
health
2 543
-
4 721
-
pensions
5 969
-
11 080
-
social contributions
108
-
202
-
total
11 345
-
21 061
-
Corporate
40 827
88 500
-
-
surtax
-
-
-
-
income
11 432
24 780
-
-
total
11 432
24 780
-
-
Dividends
29 395
63 720
-
-
social contributions
5 056
10 961
-
-
surtax
-
-
-
-
withholding
3 762
8 156
-
-
total
8 818
19 117
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 613
43 897
37 848
37 350
After tax
49 887
44 603
50 652
51 150
Living cost
29 310
29 310
29 310
29 310
Free-cash
20 577
15 293
21 342
21 840

Estimated living cost  is ₽29310 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8779
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37166
₽33828
₽36672
₽34323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
12 213
health
-
-
-
6 177
income
-
-
-
13 274
total
-
-
-
31 664
Employee
32 241
-
88 500
-
social contributions
4 450
-
12 213
-
income
5 377
-
12 780
-
health
2 250
-
6 177
-
total
12 077
-
31 170
-
Employer
32 241
-
88 500
-
total
-
-
-
-
Corporate
56 259
88 500
-
-
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%.

2 813
4 425
-
-
total
2 813
4 425
-
-
Dividends
53 445
84 075
-
-
social contributions
7 375
11 603
-
-
withholding
8 018
12 612
-
-
health
3 730
5 868
-
-
total
19 123
30 083
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 013
34 508
31 170
31 664
After tax
54 487
53 992
57 330
56 836
Living cost
20 164
20 164
20 164
20 164
Free-cash
34 323
33 828
37 166
36 672

Estimated living cost  is ₽20164 per week

₽13494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1243
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5806
₽16213
₽11846
₽14742
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
6 771
income
-
-
-
13 631
chamber of commerce
-
-
-
354
pensions
-
-
-
16 372
surtax
-
-
-
188
unemployment
-
-
-
5 832
total
-
-
-
43 148
Employee
47 522
37 895
68 576
-
income
5 410
2 795
12 218
-
other
475
379
686
-
pensions
4 867
3 880
7 021
-
health
1 839
1 467
2 654
-
unemployment
1 426
1 137
2 057
-
total
14 017
9 658
24 636
-
Employer
47 522
37 895
68 576
-
other
2 257
1 799
3 257
-
unemployment
1 426
1 137
2 057
-
health
1 796
1 433
2 591
-
surtax
188
188
188
-
accident
617
493
891
-
pensions
5 964
4 757
8 606
-
payroll
1 426
1 137
2 057
-
chamber of commerce
189
152
274
-
total
13 863
11 096
19 921
-
Corporate
27 116
39 511
64 969
-
income

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

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

6 780
9 878
16 243
-
total
6 780
9 878
16 243
-
Dividends
20 336
29 633
-
-
withholding
5 592
8 149
-
-
total
5 592
8 149
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 252
38 781
60 800
43 148
After tax
48 248
49 719
27 700
45 352
Living cost
33 506
33 506
33 506
33 506
Free-cash
14 742
16 213
-5 806
11 846

Estimated living cost  is ₽33506 per week

₽22347
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2858
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.
₽7750
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽226
₽14988
₽7702
₽540
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
13 449
communal

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

-
-
-
4 502
national
-
-
-
28 176
total
-
-
-
46 127
Employee

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

68 019
-
68 546
-
national
20 912
-
21 117
-
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.

5 101
-
5 141
-
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.

3 196
-
3 221
-
communal

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

3 548
-
3 575
-
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.

592
-
595
-
total
33 349
-
33 649
-
Employer

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

68 019
-
68 546
-
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.

992
-
1 002
-
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.

4 183
-
4 215
-
surtax
7 713
-
7 774
-
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.

884
-
891
-
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.

6 027
-
6 072
-
total
19 799
-
19 954
-
Corporate
682
88 500
-
-
surtax
4
354
-
-
income
137
17 701
-
-
total
141
18 055
-
-
Dividends
541
70 446
-
-
withholding

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

-
20 786
-
-
total
-
20 786
-
-
Income
88 500
88 500
88 500
88 500
Total tax
53 289
38 841
53 603
46 127
After tax
35 211
49 659
34 897
42 373
Living cost
34 671
34 671
34 671
34 671
Free-cash
540
14 988
226
7 702

Estimated living cost  is ₽34671 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12965
₽25305
₽12411
₽17727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
15 307
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
41 748
Employee
47 334
-
67 107
-
income
9 987
-
15 543
-
other
47
-
67
-
pensions
2 225
-
3 154
-
unemployment
734
-
1 039
-
total
12 993
-
19 803
-
Employer
47 334
-
67 107
-
other
377
-
536
-
unemployment
2 604
-
3 690
-
accident
937
-
1 328
-
pensions
11 170
-
15 837
-
total
15 088
-
21 391
-
Corporate
26 078
88 500
-
-
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.

3 912
13 274
-
-
total
3 912
13 274
-
-
Dividends
22 166
75 226
-
-
withholding
4 439
15 580
-
-
total
4 439
15 580
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 432
28 854
41 194
41 748
After tax
52 068
59 646
47 306
46 752
Living cost
34 341
34 341
34 341
34 341
Free-cash
17 727
25 305
12 965
12 411

Estimated living cost  is ₽34341 per week

₽25289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6121
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3918
₽2688
-₽238
-₽3475
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
6 218
accident
-
-
-
745
income
-
-
-
6 853
pensions
-
-
-
13 265
communal
-
-
-
5 594
surtax
-
-
-
4 387
total
-
-
-
37 062
Employee
72 011
-
79 051
-
surtax
4 414
-
4 845
-
income
6 956
-
8 768
-
pensions
5 760
-
6 325
-
health
3 205
-
3 519
-
total
20 335
-
23 457
-
Employer
72 011
-
79 051
-
health
2 196
-
2 413
-
accident
648
-
711
-
pensions
5 760
-
6 325
-
total
8 604
-
9 449
-
Corporate
7 885
88 500
-
-
surtax
83
929
-
-
income
1 182
13 274
-
-
communal
-
5 973
-
-
total
1 265
20 176
-
-
Dividends
6 620
68 324
-
-
income
9 103
3 712
-
-
withholding
992
10 248
-
-
total
10 095
13 960
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 299
34 136
32 906
37 062
After tax
48 201
54 364
55 594
51 438
Living cost
51 676
51 676
51 676
51 676
Free-cash
-3 475
2 688
3 918
-238

Estimated living cost  is ₽51676 per week

₽38765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23145
₽34308
₽24849
₽31284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
-
health
-
-
-
6 283
income
-
-
-
16 212
pensions
-
-
-
17 701
surtax
-
-
-
1 880
unemployment
-
-
-
217
total
-
-
-
42 293
Employee
32 023
-
73 111
-
surtax
114
-
1 684
-
income
5 368
-
15 095
-
other
-
-
-
-
pensions
2 137
-
4 876
-
health
817
-
1 864
-
unemployment
2 229
-
5 089
-
total
10 665
-
28 608
-
Employer
32 023
-
73 111
-
other
-
-
-
-
unemployment
1 016
-
2 317
-
health
1 456
-
3 326
-
pensions
4 270
-
9 746
-
total
6 742
-
15 389
-
Corporate
49 735
88 500
-
-
income
12 931
23 010
-
-
total
12 931
23 010
-
-
Dividends
36 804
65 490
-
-
withholding
5 520
9 824
-
-
total
5 520
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 858
32 834
43 997
42 293
After tax
52 642
55 666
44 503
46 207
Living cost
21 358
21 358
21 358
21 358
Free-cash
31 284
34 308
23 145
24 849

Estimated living cost  is ₽21358 per week

₽12895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15736
₽20904
₽19925
₽18790
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
national
-
-
-
18 339
regional
-
-
-
1 334
municipal
-
-
-
525
total
-
-
-
42 960
Employee
52 748
-
88 500
-
social contributions
17 787
-
29 841
-
municipal
280
-
469
-
national
8 357
-
15 649
-
regional
710
-
1 190
-
total
27 134
-
47 149
-
Employer
52 748
-
88 500
-
total
-
-
-
-
Corporate
35 752
88 500
-
-
nationa
8 581
21 239
-
-
municipal
1 777
4 398
-
-
total
10 358
25 637
-
-
Dividends
25 394
62 863
-
-
withholding
6 603
16 344
-
-
total
6 603
16 344
-
-
Income
88 500
88 500
88 500
88 500
Total tax
44 095
41 981
47 149
42 960
After tax
44 405
46 519
41 351
45 540
Living cost
25 615
25 615
25 615
25 615
Free-cash
18 790
20 904
15 736
19 925

Estimated living cost  is ₽25615 per week

₽15930
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16027
₽32048
₽14219
₽21744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
25 842
health
-
-
-
11 948
income
-
-
-
7 607
solidarity contribution
-
-
-
-
total
-
-
-
45 397
Employee
42 476
-
66 045
-
social contributions
2 761
-
4 293
-
solidarity contribution
-
-
-
-
income
5 097
-
7 925
-
health
5 734
-
8 916
-
total
13 592
-
21 134
-
Employer
42 476
-
66 045
-
health
3 823
-
5 944
-
social contributions
10 619
-
16 511
-
total
14 442
-
22 455
-
Corporate
31 581
88 500
-
-
income
6 001
16 815
-
-
total
6 001
16 815
-
-
Dividends
25 581
71 685
-
-
withholding
3 837
10 753
-
-
total
3 837
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 872
27 568
43 589
45 397
After tax
50 628
60 932
44 911
43 103
Living cost
28 884
28 884
28 884
28 884
Free-cash
21 744
32 048
16 027
14 219

Estimated living cost  is ₽28884 per week

₽21480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1600
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.
₽5304
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2602
₽19485
₽15203
₽19014
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
6 771
income
-
-
-
13 631
chamber of commerce
-
-
-
354
pensions
-
-
-
16 372
surtax
-
-
-
-
unemployment
-
-
-
5 832
total
-
-
-
42 960
Employee
41 567
37 895
68 719
-
income
3 703
2 795
12 265
-
other
415
379
688
-
pensions
4 257
3 880
7 038
-
health
1 608
1 467
2 660
-
unemployment
1 247
1 137
2 061
-
total
11 230
9 658
24 712
-
Employer
41 567
37 895
68 719
-
other
1 974
1 799
3 264
-
unemployment
1 247
1 137
2 061
-
health
1 572
1 433
2 597
-
surtax
-
-
-
-
accident
540
493
893
-
pensions
5 217
4 757
8 624
-
payroll
1 247
1 137
2 061
-
chamber of commerce
166
152
274
-
total
11 963
10 908
19 774
-
Corporate
34 971
39 698
65 117
-
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.

8 743
9 925
16 279
-
total
8 743
9 925
16 279
-
Dividends
26 228
29 773
-
-
withholding
7 213
8 187
-
-
total
7 213
8 187
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 149
38 678
60 765
42 960
After tax
49 351
49 822
27 735
45 540
Living cost
30 337
30 337
30 337
30 337
Free-cash
19 014
19 485
-2 602
15 203

Estimated living cost  is ₽30337 per week

₽18199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3098
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8499
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58388
₽71663
₽75203
₽69336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
15 516
-
88 500
-
income
3 103
-
17 700
-
total
3 103
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

72 984
88 500
-
-
total
-
-
-
-
Dividends
72 984
88 500
-
-
withholding
3 649
4 425
-
-
total
3 649
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 752
4 425
17 700
885
After tax
81 748
84 075
70 800
87 615
Living cost
12 412
12 412
12 412
12 412
Free-cash
69 336
71 663
58 388
75 203

Estimated living cost  is ₽12412 per week

₽8400
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽521
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽416
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18035
₽35426
₽20570
₽27473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
health
-
-
-
8 709
income
-
-
-
17 418
pensions
-
-
-
16 163
unemployment
-
-
-
134
total
-
-
-
42 424
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.

42 049
-
76 577
-
income
7 251
-
16 114
-
pensions
6 518
-
11 870
-
health
2 716
-
4 946
-
unemployment
60
-
106
-
total
16 545
-
33 036
-
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.

42 049
-
76 577
-
unemployment
25
-
45
-
health
2 801
-
5 100
-
pensions
3 721
-
6 778
-
total
6 547
-
11 923
-
Corporate
39 904
88 500
-
-
income
7 581
16 815
-
-
total
7 581
16 815
-
-
Dividends
32 323
71 685
-
-
withholding
4 849
10 753
-
-
total
4 849
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 522
27 568
44 959
42 424
After tax
52 978
60 932
43 541
46 076
Living cost
25 506
25 506
25 506
25 506
Free-cash
27 473
35 426
18 035
20 570

Estimated living cost  is ₽25506 per week

₽17504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32320
₽10789
₽18107
-₽60277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
10 089
income
-
-
-
17 250
total
-
-
-
27 339
Employee
61 734
-
-
-
social contributions
5 062
-
721
-
income
13 617
-
-
-
total
18 679
-
721
-
Employer
61 734
-
-
-
social contributions
87 044
-
12 405
-
total
87 044
-
12 405
-
Corporate
-
88 500
-
-
income
-
19 470
-
-
total
-
19 470
-
-
Dividends
-
69 030
-
-
income
-
15 187
-
-
total
-
15 187
-
-
Income
88 500
88 500
88 500
88 500
Total tax
105 723
34 657
13 126
27 339
After tax
-17 223
53 843
75 374
61 161
Living cost
43 054
43 054
43 054
43 054
Free-cash
-60 277
10 789
32 320
18 107

Estimated living cost  is ₽43054 per week

₽27935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15700
₽20512
₽19916
₽19554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
social contributions

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

-
-
-
30 755
income
-
-
-
8 002
surtax
-
-
-
-
total
-
-
-
38 757
Employee
43 734
-
71 516
-
surtax
-
-
-
-
social contributions
4 811
-
7 866
-
income
9 097
-
18 123
-
total
13 908
-
25 989
-
Employer
43 734
-
71 516
-
social contributions
10 387
-
16 984
-
total
10 387
-
16 984
-
Corporate
34 379
88 500
-
-
surtax
-
-
-
-
income
7 220
18 585
-
-
total
7 220
18 585
-
-
Dividends
27 159
69 915
-
-
withholding
7 604
19 576
-
-
total
7 604
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 119
38 161
42 973
38 757
After tax
49 381
50 339
45 527
49 743
Living cost
29 827
29 827
29 827
29 827
Free-cash
19 554
20 512
15 700
19 916

Estimated living cost  is ₽29827 per week

₽22317
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1759
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5253
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4724
-₽1325
₽5222
₽5213
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
2 745
social contributions
-
-
-
2 521
health
-
-
-
1 276
income
-
-
-
7 497
pensions
-
-
-
23 311
surtax
-
-
-
-
total
-
-
-
37 350
Employee
59 557
-
67 439
-
surtax
-
-
-
-
social contributions
1 696
-
1 922
-
income
5 196
-
7 239
-
pensions
6 736
-
7 626
-
total
13 628
-
16 787
-
Employer
59 557
-
67 439
-
other
2 055
-
2 326
-
unemployment
2 413
-
2 732
-
health
4 168
-
4 721
-
pensions
9 786
-
11 080
-
social contributions
179
-
202
-
total
18 601
-
21 061
-
Corporate
10 342
88 500
-
-
surtax
-
-
-
-
income
2 896
24 780
-
-
total
2 896
24 780
-
-
Dividends
7 445
63 720
-
-
social contributions
1 281
10 961
-
-
surtax
-
-
-
-
withholding
953
8 156
-
-
total
2 234
19 117
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 359
43 897
37 848
37 350
After tax
51 141
44 603
50 652
51 150
Living cost
45 928
45 928
45 928
45 928
Free-cash
5 213
-1 325
4 724
5 222

Estimated living cost  is ₽45928 per week

₽31083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41643
₽51067
₽39160
₽47870
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
1 287
social contributions
-
-
-
19 469
total
-
-
-
20 756
Employee
30 571
-
76 624
-
income
-
-
1 417
-
social contributions
1 987
-
4 980
-
total
1 987
-
6 397
-
Employer
30 571
-
76 624
-
social contributions
4 739
-
11 876
-
total
4 739
-
11 876
-
Corporate
53 191
88 500
-
-
income
5 320
8 849
-
-
total
5 320
8 849
-
-
Dividends
47 871
79 651
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
12 046
8 849
18 273
20 756
After tax
76 454
79 651
70 227
67 744
Living cost
28 584
28 584
28 584
28 584
Free-cash
47 870
51 067
41 643
39 160

Estimated living cost  is ₽28584 per week

₽18482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽118370
-₽118370
₽9532
-₽118370
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
labour market
-
-
-
7 014
pensions
-
-
-
823
national
-
-
-
9 288
municipal
-
-
-
16 116
total
-
-
-
33 241
Employee
193 003
193 003
193 003
-
labour market
15 418
15 418
15 418
-
municipal
41 099
41 099
41 099
-
national
23 579
23 579
23 579
-
pensions
274
274
274
-
total
80 370
80 370
80 370
-
Employer
193 003
193 003
193 003
-
national
23 620
23 620
23 620
-
labour market
15 440
15 440
15 440
-
pensions
549
549
549
-
municipal
41 164
41 164
41 164
-
total
80 773
80 773
80 773
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
161 143
161 143
161 143
33 241
After tax
-72 643
-72 643
-72 643
55 259
Living cost
45 727
45 727
45 727
45 727
Free-cash
-118 370
-118 370
-118 370
9 532

Estimated living cost  is ₽45727 per week

₽31296
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9682
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24542
-₽13553
₽40065
₽3989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
21 055
pensions
-
-
-
3 978
total
-
-
-
27 713
Employee
32 597
-
74 882
-
income
4 472
-
13 750
-
pensions
3 671
-
7 294
-
health
3 733
-
8 574
-
total
11 876
-
29 618
-
Employer
32 597
-
74 882
-
unemployment
799
-
1 835
-
accident
544
-
1 250
-
pensions
5 300
-
10 533
-
total
6 643
-
13 618
-
Corporate
49 259
88 500
-
-
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.

44 334
79 650
-
-
total
44 334
79 650
-
-
Dividends
4 926
8 850
-
-
withholding
936
1 681
-
-
total
936
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 789
81 331
43 236
27 713
After tax
24 711
7 169
45 264
60 787
Living cost
20 722
20 722
20 722
20 722
Free-cash
3 989
-13 553
24 542
40 065

Estimated living cost  is ₽20722 per week

₽15083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4068
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14501
₽22837
₽27076
₽20090
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
88 500
health
-
-
-
965
national
-
-
-
8 196
municipal
-
-
-
15 755
total
-
-
-
24 916
Employee
50 029
-
74 452
-
municipal
8 194
-
12 161
-
national
826
-
4 389
-
pensions
3 376
-
5 026
-
health
374
-
749
-
unemployment
751
-
1 117
-
total
13 521
-
23 442
-
Employer
50 029
-
74 452
-
unemployment
325
-
484
-
health
384
-
574
-
accident
51
-
74
-
pensions
8 680
-
12 917
-
total
9 440
-
14 049
-
Corporate
29 031
88 500
-
-
income
5 807
17 701
-
-
total
5 807
17 701
-
-
Dividends

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

17 418
53 100
-
-
national
-
1 895
-
-
municipal
3 134
9 559
-
-
total
3 134
11 454
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 902
29 155
37 491
24 916
After tax
56 598
59 345
51 009
63 584
Living cost
36 508
36 508
36 508
36 508
Free-cash
20 090
22 837
14 501
27 076

Estimated living cost  is ₽36508 per week

₽23847
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41577
₽42803
₽41665
₽37627
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
13 806
health
-
-
-
2 257
income
-
-
-
8 756
total
-
-
-
24 819
Employee
73 120
73 120
80 344
-
social contributions
2 765
6 069
6 668
-
income
7 962
6 769
8 718
-
health
567
1 243
1 366
-
total
11 294
14 081
16 752
-
Employer
73 120
73 120
80 344
-
health
615
1 353
1 487
-
social contributions
2 765
6 069
6 668
-
total
3 380
7 422
8 155
-
Corporate
51 811
7 958
-
-
income
6 476
994
-
-
total
6 476
994
-
-
Dividends
45 335
6 963
-
-
withholding
7 707
1 184
-
-
total
7 707
1 184
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 857
23 681
24 907
24 819
After tax
59 643
64 819
63 593
63 681
Living cost
22 016
22 016
22 016
22 016
Free-cash
37 627
42 803
41 577
41 665

Estimated living cost  is ₽22016 per week

₽13195
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6175
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39513
₽58188
₽55534
₽53354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88 500
health
-
-
-
3 441
income
-
-
-
8 351
pensions
-
-
-
6 049
unemployment
-
-
-
27
total
-
-
-
17 868
Employee

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

21 827
-
80 235
-
income
1 492
-
6 372
-
pensions
3 273
-
12 034
-
health
1 855
-
6 819
-
unemployment
108
-
401
-
total
6 728
-
25 626
-
Employer

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

21 827
-
80 235
-
unemployment
108
-
401
-
health
938
-
3 450
-
pensions
1 200
-
4 412
-
total
2 246
-
8 263
-
Corporate
64 427
88 500
-
-
income
5 798
7 965
-
-
total
5 798
7 965
-
-
Dividends
58 629
80 535
-
-
withholding
5 276
7 249
-
-
total
5 276
7 249
-
-
Income
88 500
88 500
88 500
88 500
Total tax
20 048
15 214
33 889
17 868
After tax
68 452
73 286
54 611
70 632
Living cost
15 098
15 098
15 098
15 098
Free-cash
53 354
58 188
39 513
55 534

Estimated living cost  is ₽15098 per week

₽9633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21157
₽33497
₽20603
₽28508
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
15 307
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
41 748
Employee
35 161
-
67 107
-
income
6 779
-
15 543
-
other
34
-
67
-
pensions
1 653
-
3 154
-
unemployment
545
-
1 039
-
total
9 011
-
19 803
-
Employer
35 161
-
67 107
-
other
282
-
536
-
unemployment
1 934
-
3 690
-
accident
697
-
1 328
-
pensions
8 297
-
15 837
-
total
11 210
-
21 391
-
Corporate
42 130
88 500
-
-
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.

6 319
13 274
-
-
total
6 319
13 274
-
-
Dividends
35 810
75 226
-
-
withholding
7 303
15 580
-
-
total
7 303
15 580
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 843
28 854
41 194
41 748
After tax
54 657
59 646
47 306
46 752
Living cost
26 149
26 149
26 149
26 149
Free-cash
28 508
33 497
21 157
20 603

Estimated living cost  is ₽26149 per week

₽17650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5527
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54594
₽53456
₽54718
₽53166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
935
income
-
-
-
29 789
pensions
-
-
-
1 290
total
-
-
-
32 014
Employee
2 693
-
87 049
-
income
521
-
29 721
-
pensions
242
-
580
-
health
135
-
322
-
unemployment
27
-
64
-
total
925
-
30 687
-
Employer
2 693
-
87 049
-
unemployment
54
-
129
-
health
256
-
613
-
pensions
296
-
709
-
total
606
-
1 451
-
Corporate
85 201
88 500
-
-
income
18 744
19 470
-
-
total
18 744
19 470
-
-
Dividends
66 457
69 030
-
-
withholding
13 291
13 806
-
-
total
13 291
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 566
33 276
32 138
32 014
After tax
54 934
55 224
56 362
56 486
Living cost
1 768
1 768
1 768
1 768
Free-cash
53 166
53 456
54 594
54 718

Estimated living cost  is ₽1768 per week

₽1051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29525
₽47465
₽29525
₽42780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
health
-
-
-
7 252
income
-
-
-
15 885
pensions
-
-
-
18 306
unemployment
-
-
-
1 056
total
-
-
-
42 499
Employee

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

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

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

24 845
-
75 897
-
income
3 425
-
15 885
-
pensions
3 478
-
9 857
-
health
1 279
-
3 626
-
unemployment
186
-
528
-
total
8 368
-
29 896
-
Employer

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

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

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

24 845
-
75 897
-
unemployment
186
-
528
-
health
1 279
-
3 626
-
pensions
2 981
-
8 449
-
total
4 446
-
12 603
-
Corporate
59 208
88 500
-
-
income
8 881
13 275
-
-
total
8 881
13 275
-
-
Dividends
50 327
75 225
-
-
withholding
7 549
11 284
-
-
total
7 549
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 244
24 559
42 499
42 499
After tax
59 256
63 941
46 001
46 001
Living cost
16 476
16 476
16 476
16 476
Free-cash
42 780
47 465
29 525
29 525

Estimated living cost  is ₽16476 per week

₽11093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
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.
₽3631
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19891
₽24703
₽24107
₽24360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
social contributions

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

-
-
-
30 755
income
-
-
-
8 002
surtax
-
-
-
-
total
-
-
-
38 757
Employee
36 907
-
71 516
-
surtax
-
-
-
-
social contributions
4 060
-
7 866
-
income
7 211
-
18 123
-
total
11 271
-
25 989
-
Employer
36 907
-
71 516
-
social contributions
8 765
-
16 984
-
total
8 765
-
16 984
-
Corporate
42 829
88 500
-
-
surtax
-
-
-
-
income
8 994
18 585
-
-
total
8 994
18 585
-
-
Dividends
33 835
69 915
-
-
withholding
9 474
19 576
-
-
total
9 474
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 504
38 161
42 973
38 757
After tax
49 996
50 339
45 527
49 743
Living cost
25 636
25 636
25 636
25 636
Free-cash
24 360
24 703
19 891
24 107

Estimated living cost  is ₽25636 per week

₽18157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13887
₽26227
₽13333
₽18975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
88
accident
-
-
-
794
income
-
-
-
15 307
pensions
-
-
-
24 942
unemployment
-
-
-
617
total
-
-
-
41 748
Employee
45 924
-
67 107
-
income
9 592
-
15 543
-
other
45
-
67
-
pensions
2 158
-
3 154
-
unemployment
711
-
1 039
-
total
12 506
-
19 803
-
Employer
45 924
-
67 107
-
other
368
-
536
-
unemployment
2 526
-
3 690
-
accident
909
-
1 328
-
pensions
10 838
-
15 837
-
total
14 641
-
21 391
-
Corporate
27 934
88 500
-
-
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.

4 190
13 274
-
-
total
4 190
13 274
-
-
Dividends
23 743
75 226
-
-
withholding
4 769
15 580
-
-
total
4 769
15 580
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 106
28 854
41 194
41 748
After tax
52 394
59 646
47 306
46 752
Living cost
33 419
33 419
33 419
33 419
Free-cash
18 975
26 227
13 887
13 333

Estimated living cost  is ₽33419 per week

₽24000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
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.
₽6350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52759
₽59394
₽50130
₽53630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
health
-
-
-
3 800
income
-
-
-
13 275
pensions

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

-
-
-
4 890
unemployment
-
-
-
132
total
-
-
-
22 097
Employee
21 548
-
82 017
-
income
2 155
-
8 202
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

1 892
-
2 901
-
health
991
-
1 520
-
total
5 275
-
12 986
-
Employer
21 548
-
82 017
-
unemployment
129
-
198
-
health
1 487
-
2 280
-
accident

We are using the highest rate at 1.1%.

237
-
363
-
pensions

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

2 374
-
3 641
-
total
4 227
-
6 482
-
Corporate
62 725
88 500
-
-
income
6 273
8 850
-
-
total
6 273
8 850
-
-
Dividends
56 452
79 650
-
-
withholding
2 822
3 983
-
-
total
2 822
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 597
12 833
19 468
22 097
After tax
69 903
75 667
69 032
66 403
Living cost
16 273
16 273
16 273
16 273
Free-cash
53 630
59 394
52 759
50 130

Estimated living cost  is ₽16273 per week

₽10763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽27055
₽8964
₽20699
₽21402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
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.

-
-
-
6 496
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.

-
-
-
17 286
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.

-
-
-
951
trade
-
-
-
6 356
total
-
-
-
31 089
Employee

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

47 314
-
88 500
-
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.

215
-
951
-
income

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

3 891
-
17 286
-
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.

6 496
-
6 496
-
total
10 602
-
24 733
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 186
88 500
-
-
chamber of commerce
204
274
-
-
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.

339
731
-
-
trade
5 910
12 700
-
-
income
6 179
13 274
-
-
total
12 632
26 979
-
-
Dividends
28 555
61 521
-
-
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.

374
826
-
-
withholding
6 778
15 019
-
-
total
7 152
15 845
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 386
42 824
24 733
31 089
After tax
58 114
45 676
63 767
57 411
Living cost
36 712
36 712
36 712
36 712
Free-cash
21 402
8 964
27 055
20 699

Estimated living cost  is ₽36712 per week

₽25325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6904
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6917
₽7782
₽6917
₽9881
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
19 682
social contributions
-
-
-
7 733
total
-
-
-
27 415
Employee
74 382
-
88 500
-
income
14 036
-
19 682
-
social contributions
6 180
-
7 733
-
total
20 216
-
27 415
-
Employer
74 382
-
88 500
-
total
-
-
-
-
Corporate
14 118
88 500
-
-
income
1 765
11 062
-
-
total
1 765
11 062
-
-
Dividends
12 353
77 438
-
-
withholding
2 470
15 488
-
-
total
2 470
15 488
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 451
26 550
27 415
27 415
After tax
64 049
61 950
61 085
61 085
Living cost
54 168
54 168
54 168
54 168
Free-cash
9 881
7 782
6 917
6 917

Estimated living cost  is ₽54168 per week

₽41210
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30376
₽17983
₽21011
₽22379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
income
-
-
-
27 068
health

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

-
-
-
5 903
total
-
-
-
32 971
Employee
43 622
-
84 126
-
income
4 733
-
14 858
-
social contributions
4 371
-
4 374
-
total
9 104
-
19 232
-
Employer
43 622
-
84 126
-
social contributions
4 371
-
4 374
-
total
4 371
-
4 374
-
Corporate
40 507
88 500
-
-
income
14 178
30 975
-
-
total
14 178
30 975
-
-
Dividends
26 329
57 525
-
-
social contributions
3 950
5 024
-
-
total
3 950
5 024
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 603
35 999
23 606
32 971
After tax
56 897
52 501
64 894
55 529
Living cost
34 518
34 518
34 518
34 518
Free-cash
22 379
17 983
30 376
21 011

Estimated living cost  is ₽34518 per week

₽22737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2721
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.
₽8530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20538
₽31222
₽29782
₽25892
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
17 242
pensions
-
-
-
6 389
total
-
-
-
23 631
Employee
48 162
-
78 030
-
income
8 771
-
13 905
-
health
628
-
1 240
-
pensions
3 676
-
7 260
-
total
13 075
-
22 405
-
Employer
48 162
-
78 030
-
health
915
-
1 483
-
pensions
4 866
-
8 987
-
total
5 781
-
10 470
-
Corporate
34 557
88 500
-
-
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.

6 566
16 815
-
-
total
6 566
16 815
-
-
Dividends
27 991
71 685
-
-
withholding
2 099
5 376
-
-
total
2 099
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 521
22 191
32 875
23 631
After tax
60 979
66 309
55 625
64 869
Living cost
35 087
35 087
35 087
35 087
Free-cash
25 892
31 222
20 538
29 782

Estimated living cost  is ₽35087 per week

₽24070
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22490
-₽15605
₽38013
₽3674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other
-
-
-
354
health
-
-
-
2 085
accident
-
-
-
241
income
-
-
-
21 055
pensions
-
-
-
3 978
total
-
-
-
27 713
Employee
35 824
-
74 882
-
income
4 915
-
13 750
-
pensions
4 034
-
7 294
-
health
4 102
-
8 574
-
total
13 051
-
29 618
-
Employer
35 824
-
74 882
-
unemployment
878
-
1 835
-
accident
598
-
1 250
-
pensions
5 825
-
10 533
-
total
7 301
-
13 618
-
Corporate
45 376
88 500
-
-
income

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

40 838
79 650
-
-
total
40 838
79 650
-
-
Dividends
4 538
8 850
-
-
withholding
862
1 681
-
-
total
862
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 052
81 331
43 236
27 713
After tax
26 448
7 169
45 264
60 787
Living cost
22 774
22 774
22 774
22 774
Free-cash
3 674
-15 605
22 490
38 013

Estimated living cost  is ₽22774 per week

₽16713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41280
₽61600
₽37899
₽57717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
88 500
income
-
-
-
13 391
health insurance
-
-
-
6 549
work injury
-
-
-
442
pensions
-
-
-
16 284
unemployment
-
-
-
1 062
total
-
-
-
37 728
Employee

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

20 597
-
88 500
-
income
2 060
-
13 391
-
work injury
103
-
381
-
health insurance
1 524
-
5 639
-
pensions
3 790
-
14 022
-
unemployment
247
-
914
-
total
7 724
-
34 347
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 903
88 500
-
-
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%.

-
885
-
-
total
-
885
-
-
Dividends
67 903
87 615
-
-
withholding
10 186
13 142
-
-
total
10 186
13 142
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 910
14 027
34 347
37 728
After tax
70 590
74 473
54 153
50 772
Living cost
12 873
12 873
12 873
12 873
Free-cash
57 717
61 600
41 280
37 899

Estimated living cost  is ₽12873 per week

₽7975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3171
₽8735
₽7219
₽4410
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
national
-
-
-
18 339
regional
-
-
-
1 706
municipal
-
-
-
592
total
-
-
-
43 399
Employee
80 130
-
88 500
-
social contributions
27 019
-
29 841
-
municipal
478
-
529
-
national
13 541
-
15 649
-
regional
1 210
-
1 428
-
total
42 248
-
47 447
-
Employer
80 130
-
88 500
-
total
-
-
-
-
Corporate
8 370
88 500
-
-
nationa
2 008
21 239
-
-
municipal
404
4 266
-
-
total
2 412
25 505
-
-
Dividends
5 958
62 995
-
-
withholding
1 548
16 378
-
-
total
1 548
16 378
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 208
41 883
47 447
43 399
After tax
42 292
46 617
41 053
45 101
Living cost
37 882
37 882
37 882
37 882
Free-cash
4 410
8 735
3 171
7 219

Estimated living cost  is ₽37882 per week

₽26610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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