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
₽26704
₽35191
₽16314
₽28129
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
7 062
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.

-
-
-
17 482
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.

-
-
-
961
total
-
-
-
31 922
Employee

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

35 924
-
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.

6 417
-
6 417
-
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.

1 003
-
17 482
-
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.

55
-
961
-
total
7 475
-
24 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 576
88 500
-
-
income
7 887
13 275
-
-
chamber of commerce
217
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.

433
731
-
-
trade
8 281
13 938
-
-
total
16 818
28 213
-
-
Dividends
35 757
60 287
-
-
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.

472
809
-
-
withholding
8 582
14 715
-
-
total
9 054
15 524
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 347
43 737
24 860
31 922
After tax
55 153
44 763
63 640
56 578
Living cost
28 449
28 449
28 449
28 449
Free-cash
26 704
16 314
35 191
28 129

Estimated living cost  is ₽28449 per week

₽17895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4979
₽5011
₽5829
₽4317
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 106
pensions
-
-
-
10 620
national
-
-
-
14 111
total
-
-
-
34 788
Employee
76 572
-
76 507
-
pensions
3 063
-
3 060
-
municipal
9 458
-
9 449
-
national
14 656
-
14 642
-
total
27 177
-
27 151
-
Employer
76 572
-
76 507
-
pensions
6 126
-
6 121
-
social contributions
823
-
822
-
total
6 949
-
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
34 126
33 276
34 094
34 788
After tax
54 374
55 224
54 406
53 712
Living cost
49 395
49 395
49 395
49 395
Free-cash
4 979
5 829
5 011
4 317

Estimated living cost  is ₽49395 per week

₽33573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽739
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43555
₽30406
₽51259
₽27766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 742
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
41 194
Employee
27 445
-
71 320
-
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.

3 019
-
7 844
-
income
4 886
-
13 530
-
surtax
-
-
-
-
total
7 905
-
21 374
-
Employer
27 445
-
71 320
-
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.

6 611
-
17 180
-
total
6 611
-
17 180
-
Corporate
54 444
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%.

10 889
17 701
-
-
total
10 889
17 701
-
-
Dividends

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

43 555
70 799
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
25 405
17 701
38 554
41 194
After tax
63 095
70 799
49 946
47 306
Living cost
19 540
19 540
19 540
19 540
Free-cash
43 555
51 259
30 406
27 766

Estimated living cost  is ₽19540 per week

₽12466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4767
-₽4767
₽505
₽10919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 944
income
-
-
-
16 287
pensions
-
-
-
11 004
total
-
-
-
38 235
Employee
80 207
80 207
80 207
-
pensions
14 437
11 004
14 437
-
health
12 311
10 472
12 311
-
income

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

13 129
13 129
13 129
-
total
39 877
34 605
39 877
-
Employer
80 207
80 207
80 207
-
pensions
5 582
5 582
5 582
-
health
5 575
5 575
5 575
-
unemployment
2 887
2 887
2 887
-
total
14 044
14 044
14 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
53 921
48 649
53 921
38 235
After tax
34 579
39 851
34 579
50 265
Living cost
39 346
39 346
39 346
39 346
Free-cash
-4 767
505
-4 767
10 919

Estimated living cost  is ₽39346 per week

₽27884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8818
₽8625
₽9686
₽6259
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
169
health
-
-
-
5 284
municipal
-
-
-
19 076
pensions
-
-
-
9 153
other
-
-
-
9 839
unemployment
-
-
-
85
national
-
-
-
-
total
-
-
-
43 606
Employee
55 051
-
67 341
-
municipal
16 416
-
20 081
-
national
-
-
-
-
total
16 416
-
20 081
-
Employer
55 051
-
67 341
-
pensions
5 951
-
7 280
-
other
6 397
-
7 825
-
health
3 386
-
4 141
-
unemployment
1 453
-
1 778
-
accident
110
-
135
-
total
17 297
-
21 159
-
Corporate
16 153
88 500
-
-
income
3 554
19 470
-
-
total
3 554
19 470
-
-
Dividends
12 599
69 030
-
-
withholding
3 780
20 709
-
-
total
3 780
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 047
40 179
41 240
43 606
After tax
47 453
48 321
47 260
44 894
Living cost
38 635
38 635
38 635
38 635
Free-cash
8 818
9 686
8 625
6 259

Estimated living cost  is ₽38635 per week

₽25605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20607
₽26743
₽7409
₽19367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
7 376
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.

-
-
-
17 482
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.

-
-
-
961
total
-
-
-
32 236
Employee

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

47 631
-
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.

6 417
-
6 417
-
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.

4 092
-
17 482
-
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.

225
-
961
-
total
10 734
-
24 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 869
88 500
-
-
income
6 130
13 275
-
-
chamber of commerce
201
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.

337
731
-
-
trade
6 723
14 559
-
-
total
13 391
28 834
-
-
Dividends
27 478
59 666
-
-
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.

358
800
-
-
withholding
6 513
14 560
-
-
total
6 871
15 360
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 996
44 194
24 860
32 236
After tax
57 504
44 306
63 640
56 264
Living cost
36 897
36 897
36 897
36 897
Free-cash
20 607
7 409
26 743
19 367

Estimated living cost  is ₽36897 per week

₽24677
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30453
₽32970
₽34348
₽33058
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 915
total
-
-
-
24 978
Employee
72 223
72 223
80 346
-
health
718
1 228
1 365
-
social contributions
3 510
5 994
6 668
-
income
7 584
6 686
8 878
-
total
11 812
13 908
16 911
-
Employer
72 223
72 223
80 346
-
health
782
1 337
1 487
-
social contributions
3 510
5 994
6 668
-
total
4 292
7 331
8 155
-
Corporate
41 932
8 946
-
-
income
5 242
1 118
-
-
total
5 242
1 118
-
-
Dividends
36 690
7 828
-
-
withholding
6 237
1 331
-
-
total
6 237
1 331
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 583
23 688
25 066
24 978
After tax
60 917
64 812
63 434
63 522
Living cost
30 464
30 464
30 464
30 464
Free-cash
30 453
34 348
32 970
33 058

Estimated living cost  is ₽30464 per week

₽20825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32962
₽34026
₽32601
₽44031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

24 942
9 926
74 059
-
unemployment
374
149
1 111
-
pensions
2 494
993
7 406
-
health
1 746
695
5 184
-
income
3 049
1 214
9 054
-
total
7 663
3 051
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.

24 942
9 926
74 059
-
pensions
4 864
1 936
14 441
-
total
4 864
1 936
14 441
-
Corporate
58 695
76 638
-
-
income
5 283
6 897
-
-
total
5 283
6 897
-
-
Dividends
53 412
69 740
-
-
social contributions
10 302
13 486
-
-
withholding
10 148
13 251
-
-
total
20 450
26 737
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 260
38 621
37 196
27 191
After tax
50 240
49 879
51 304
61 309
Living cost
17 278
17 278
17 278
17 278
Free-cash
32 962
32 601
34 026
44 031

Estimated living cost  is ₽17278 per week

₽11791
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽345
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42279
₽28323
₽48113
₽24750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 505
income
-
-
-
11 860
pensions
-
-
-
17 699
total
-
-
-
41 064
Employee
26 645
-
66 144
-
unemployment
426
-
1 059
-
pensions
533
-
1 323
-
income
3 000
-
12 753
-
total
3 959
-
15 135
-
Employer
26 645
-
66 144
-
pensions
5 329
-
13 229
-
health
3 463
-
8 598
-
unemployment
214
-
529
-
total
9 006
-
22 356
-
Corporate
52 849
88 500
-
-
income
10 570
17 701
-
-
total
10 570
17 701
-
-
Dividends
42 279
70 799
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
23 535
17 701
37 491
41 064
After tax
64 965
70 799
51 009
47 436
Living cost
22 686
22 686
22 686
22 686
Free-cash
42 279
48 113
28 323
24 750

Estimated living cost  is ₽22686 per week

₽15560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1351
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3952
₽24312
-₽13800
₽39816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
21 076
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
27 715
Employee
32 986
-
74 912
-
pensions
3 714
-
7 272
-
health
3 777
-
8 578
-
income
4 525
-
13 781
-
total
12 016
-
29 631
-
Employer
32 986
-
74 912
-
pensions
5 364
-
10 501
-
unemployment
808
-
1 836
-
accident
551
-
1 251
-
total
6 723
-
13 588
-
Corporate
48 792
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.

43 913
79 650
-
-
total
43 913
79 650
-
-
Dividends
4 879
8 850
-
-
withholding
927
1 681
-
-
total
927
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 579
81 331
43 219
27 715
After tax
24 921
7 169
45 281
60 785
Living cost
20 969
20 969
20 969
20 969
Free-cash
3 952
-13 800
24 312
39 816

Estimated living cost  is ₽20969 per week

₽15369
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4002
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74943
₽63109
₽76384
₽79924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 614
-
88 500
-
income
1 922
-
17 700
-
total
1 922
-
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%.

78 886
88 500
-
-
total
-
-
-
-
Dividends
78 886
88 500
-
-
withholding
3 944
4 425
-
-
total
3 944
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 866
4 425
17 700
885
After tax
82 634
84 075
70 800
87 615
Living cost
7 691
7 691
7 691
7 691
Free-cash
74 943
76 384
63 109
79 924

Estimated living cost  is ₽7691 per week

₽4766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33651
₽26847
₽39994
₽22894
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 895
income
-
-
-
11 242
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.

-
-
-
21 239
other
-
-
-
4 203
total
-
-
-
40 579
Employee
34 103
-
70 687
-
unemployment
340
-
708
-
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.

2 387
-
4 948
-
health
478
-
989
-
income
5 871
-
12 168
-
total
9 076
-
18 813
-
Employer
34 103
-
70 687
-
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.

5 798
-
12 017
-
other
1 706
-
3 534
-
health
478
-
989
-
unemployment
340
-
708
-
accident
273
-
565
-
total
8 595
-
17 813
-
Corporate
45 802
88 500
-
-
income
9 618
18 585
-
-
total
9 618
18 585
-
-
Dividends
36 185
69 915
-
-
withholding
2 533
4 894
-
-
total
2 533
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 822
23 479
36 626
40 579
After tax
58 678
65 021
51 874
47 921
Living cost
25 027
25 027
25 027
25 027
Free-cash
33 651
39 994
26 847
22 894

Estimated living cost  is ₽25027 per week

₽17683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽403
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10388
-₽5928
₽4378
₽2955
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 646
pensions
-
-
-
6 431
total
-
-
-
24 077
Employee
86 968
-
77 989
-
pensions
8 390
-
7 313
-
health
1 433
-
1 249
-
income
15 677
-
13 886
-
total
25 500
-
22 448
-
Employer
86 968
-
77 989
-
pensions
10 268
-
9 030
-
health
1 652
-
1 482
-
total
11 920
-
10 512
-
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
-
5 839
-
-
total
-
5 839
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 420
22 654
32 960
24 077
After tax
51 080
65 846
55 540
64 423
Living cost
61 468
61 468
61 468
61 468
Free-cash
-10 388
4 378
-5 928
2 955

Estimated living cost  is ₽61468 per week

₽46059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7222
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.
₽7688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59010
₽56817
₽63366
₽54174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 769
income
-
-
-
13 275
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
22 025
Employee
16 288
-
82 070
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 878
-
health
749
-
1 508
-
income
1 629
-
8 207
-
total
3 987
-
12 953
-
Employer
16 288
-
82 070
-
pensions

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

1 795
-
3 611
-
health
1 124
-
2 261
-
unemployment
97
-
197
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
total
3 195
-
6 429
-
Corporate
69 015
88 500
-
-
income
6 901
8 850
-
-
total
6 901
8 850
-
-
Dividends
62 114
79 650
-
-
withholding
3 106
3 983
-
-
total
3 106
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 189
12 833
19 382
22 025
After tax
71 311
75 667
69 118
66 475
Living cost
12 301
12 301
12 301
12 301
Free-cash
59 010
63 366
56 817
54 174

Estimated living cost  is ₽12301 per week

₽7182
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13825
-₽17503
-₽12231
-₽1817
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 944
income
-
-
-
16 287
pensions
-
-
-
11 004
total
-
-
-
38 235
Employee
87 079
80 207
80 207
-
pensions
11 004
11 004
14 437
-
health
10 864
10 472
12 311
-
income

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

13 129
13 129
13 129
-
total
34 997
34 605
39 877
-
Employer
87 079
80 207
80 207
-
pensions
6 060
5 582
5 582
-
health
6 051
5 575
5 575
-
unemployment
3 135
2 887
2 887
-
total
15 246
14 044
14 044
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
50 243
48 649
53 921
38 235
After tax
38 257
39 851
34 579
50 265
Living cost
52 082
52 082
52 082
52 082
Free-cash
-13 825
-12 231
-17 503
-1 817

Estimated living cost  is ₽52082 per week

₽38419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4652
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.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29333
₽21620
₽37641
₽19812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
34 252
-
66 045
-
solidarity contribution
-
-
-
-
health
4 624
-
8 916
-
social contributions
2 226
-
4 293
-
income
4 110
-
7 925
-
total
10 960
-
21 134
-
Employer
34 252
-
66 045
-
health
3 083
-
5 944
-
social contributions
8 563
-
16 511
-
total
11 646
-
22 455
-
Corporate
42 603
88 500
-
-
income
8 094
16 815
-
-
total
8 094
16 815
-
-
Dividends
34 508
71 685
-
-
withholding
5 176
10 753
-
-
total
5 176
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 876
27 568
43 589
45 397
After tax
52 624
60 932
44 911
43 103
Living cost
23 291
23 291
23 291
23 291
Free-cash
29 333
37 641
21 620
19 812

Estimated living cost  is ₽23291 per week

₽16178
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
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.
₽4998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2680
₽1980
₽7585
₽6189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 763
municipal
-
-
-
526
regional
-
-
-
968
national
-
-
-
18 421
total
-
-
-
42 678
Employee
83 474
-
88 500
-
regional
788
-
845
-
municipal
442
-
469
-
national
14 464
-
15 731
-
social contributions
28 147
-
29 842
-
total
43 841
-
46 887
-
Employer
83 474
-
88 500
-
total
-
-
-
-
Corporate
5 026
88 500
-
-
municipal
196
3 451
-
-
nationa
1 207
21 241
-
-
total
1 403
24 692
-
-
Dividends
3 623
63 809
-
-
withholding
943
16 590
-
-
total
943
16 590
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 187
41 282
46 887
42 678
After tax
42 313
47 218
41 613
45 822
Living cost
39 633
39 633
39 633
39 633
Free-cash
2 680
7 585
1 980
6 189

Estimated living cost  is ₽39633 per week

₽27627
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.
₽608
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32019
₽23652
₽34940
₽25360
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 285
income
-
-
-
16 305
surtax
-
-
-
1 909
pensions
-
-
-
17 701
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
42 414
Employee
31 060
-
73 109
-
unemployment
2 162
-
5 089
-
pensions
2 071
-
4 877
-
health
793
-
1 864
-
income
5 206
-
15 188
-
other
-
-
-
-
surtax
102
-
1 713
-
total
10 334
-
28 731
-
Employer
31 060
-
73 109
-
pensions
4 140
-
9 746
-
other
-
-
-
-
health
1 413
-
3 328
-
unemployment
984
-
2 317
-
total
6 537
-
15 391
-
Corporate
50 902
88 500
-
-
income
13 234
23 011
-
-
total
13 234
23 011
-
-
Dividends
37 668
65 489
-
-
withholding
5 650
9 823
-
-
total
5 650
9 823
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 755
32 834
44 122
42 414
After tax
52 745
55 666
44 378
46 086
Living cost
20 726
20 726
20 726
20 726
Free-cash
32 019
34 940
23 652
25 360

Estimated living cost  is ₽20726 per week

₽12673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1913
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17083
₽13546
₽23852
₽22429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 646
pensions
-
-
-
6 431
total
-
-
-
24 077
Employee
58 284
-
77 989
-
pensions
4 947
-
7 313
-
health
846
-
1 249
-
income
10 497
-
13 886
-
total
16 290
-
22 448
-
Employer
58 284
-
77 989
-
pensions
6 309
-
9 030
-
health
1 107
-
1 482
-
total
7 416
-
10 512
-
Corporate
22 800
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.

4 332
16 815
-
-
total
4 332
16 815
-
-
Dividends
18 468
71 685
-
-
withholding
1 385
5 839
-
-
total
1 385
5 839
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 423
22 654
32 960
24 077
After tax
59 077
65 846
55 540
64 423
Living cost
41 994
41 994
41 994
41 994
Free-cash
17 083
23 852
13 546
22 429

Estimated living cost  is ₽41994 per week

₽31461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3148
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.
₽6945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7350
-₽5146
-₽34313
-₽603
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
244
pensions
-
-
-
8 142
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.

-
-
-
1 771
regional
-
-
-
2 825
city
-
-
-
932
national
-
-
-
408
total
-
-
-
14 322
Employee
87 513
-
79 212
-
unemployment
-
-
-
-
pensions
7 352
-
6 653
-
regional
2 866
-
2 416
-
national
414
-
349
-
health
198
-
179
-
city
939
-
851
-
total
11 769
-
10 448
-
Employer
87 513
-
79 212
-
pensions
7 352
-
6 653
-
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.

1 750
-
1 585
-
health
198
-
179
-
unemployment
-
-
-
-
total
9 300
-
8 417
-
Corporate
-
88 500
-
-
regional
-
18 719
-
-
national
-
7 523
-
-
total
-
26 242
-
-
Dividends
-
62 258
-
-
withholding
-
21 790
-
-
total
-
21 790
-
-
Income
88 500
88 500
88 500
88 500
Total tax
21 069
48 032
18 865
14 322
After tax
67 431
40 468
69 635
74 178
Living cost
74 781
74 781
74 781
74 781
Free-cash
-7 350
-34 313
-5 146
-603

Estimated living cost  is ₽74781 per week

₽48629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽918
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16055
₽20613
₽825
₽12924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
7 689
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.

-
-
-
17 482
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.

-
-
-
961
total
-
-
-
32 549
Employee

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

56 447
-
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.

6 417
-
6 417
-
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.

6 638
-
17 482
-
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.

365
-
961
-
total
13 420
-
24 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 053
88 500
-
-
income
4 809
13 275
-
-
chamber of commerce
187
267
-
-
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.

264
731
-
-
trade
5 497
15 177
-
-
total
10 757
29 450
-
-
Dividends
21 297
59 050
-
-
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.

273
793
-
-
withholding
4 968
14 405
-
-
total
5 241
15 198
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 418
44 648
24 860
32 549
After tax
59 082
43 852
63 640
55 951
Living cost
43 027
43 027
43 027
43 027
Free-cash
16 055
825
20 613
12 924

Estimated living cost  is ₽43027 per week

₽31425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18018
₽18392
₽12468
₽18983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 522
health
-
-
-
1 340
income
-
-
-
7 662
surtax
-
-
-
-
pensions
-
-
-
23 113
other
-
-
-
2 745
total
-
-
-
37 382
Employee
40 198
-
67 438
-
pensions
4 545
-
7 627
-
social contributions
1 146
-
1 921
-
income
2 372
-
7 364
-
surtax
-
-
-
-
total
8 063
-
16 912
-
Employer
40 198
-
67 438
-
pensions
6 604
-
11 081
-
other
1 387
-
2 326
-
health
2 814
-
4 720
-
unemployment
1 627
-
2 731
-
social contributions
121
-
203
-
total
12 553
-
21 061
-
Corporate
35 749
88 500
-
-
income
10 010
24 781
-
-
surtax
-
-
-
-
total
10 010
24 781
-
-
Dividends
25 739
63 719
-
-
surtax
-
-
-
-
social contributions
4 427
10 960
-
-
withholding
3 294
8 156
-
-
total
7 721
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 347
43 897
37 973
37 382
After tax
50 153
44 603
50 527
51 118
Living cost
32 135
32 135
32 135
32 135
Free-cash
18 018
12 468
18 392
18 983

Estimated living cost  is ₽32135 per week

₽20262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2613
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.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20872
₽21576
₽15652
₽22167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 522
health
-
-
-
1 340
income
-
-
-
7 662
surtax
-
-
-
-
pensions
-
-
-
23 113
other
-
-
-
2 745
total
-
-
-
37 382
Employee
35 882
-
67 438
-
pensions
4 058
-
7 627
-
social contributions
1 023
-
1 921
-
income
1 850
-
7 364
-
surtax
-
-
-
-
total
6 931
-
16 912
-
Employer
35 882
-
67 438
-
pensions
5 896
-
11 081
-
other
1 239
-
2 326
-
health
2 511
-
4 720
-
unemployment
1 453
-
2 731
-
social contributions
107
-
203
-
total
11 206
-
21 061
-
Corporate
41 412
88 500
-
-
income
11 594
24 781
-
-
surtax
-
-
-
-
total
11 594
24 781
-
-
Dividends
29 817
63 719
-
-
surtax
-
-
-
-
social contributions
5 130
10 960
-
-
withholding
3 816
8 156
-
-
total
8 946
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 677
43 897
37 973
37 382
After tax
49 823
44 603
50 527
51 118
Living cost
28 951
28 951
28 951
28 951
Free-cash
20 872
15 652
21 576
22 167

Estimated living cost  is ₽28951 per week

₽16790
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2941
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.
₽8671
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34566
₽37353
₽34078
₽36918
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 178
income
-
-
-
13 275
total
-
-
-
31 666
Employee
31 846
-
88 500
-
health
2 223
-
6 178
-
social contributions
4 395
-
12 213
-
income
5 312
-
12 840
-
total
11 930
-
31 231
-
Employer
31 846
-
88 500
-
total
-
-
-
-
Corporate
56 654
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%.

2 832
4 426
-
-
total
2 832
4 426
-
-
Dividends
53 822
84 074
-
-
health
3 757
5 868
-
-
social contributions
7 427
11 602
-
-
withholding
8 072
12 610
-
-
total
19 256
30 080
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 018
34 506
31 231
31 666
After tax
54 482
53 994
57 269
56 834
Living cost
19 916
19 916
19 916
19 916
Free-cash
34 566
34 078
37 353
36 918

Estimated living cost  is ₽19916 per week

₽13329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
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.
₽4900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15154
-₽5547
₽16606
₽12160
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 770
surtax
-
-
-
185
income
-
-
-
13 801
chamber of commerce
-
-
-
355
pensions
-
-
-
16 373
unemployment
-
-
-
5 761
total
-
-
-
43 245
Employee
46 939
37 430
68 578
-
unemployment
1 408
1 123
2 057
-
pensions
4 807
3 832
7 023
-
health
1 816
1 449
2 654
-
income
5 344
2 761
12 357
-
other
469
374
686
-
total
13 844
9 539
24 777
-
Employer
46 939
37 430
68 578
-
chamber of commerce
187
150
274
-
pensions
5 891
4 698
8 607
-
other
2 230
1 777
3 258
-
health
1 773
1 415
2 592
-
unemployment
1 408
1 123
2 057
-
accident
610
487
891
-
surtax
185
185
185
-
payroll
1 408
1 123
2 057
-
total
13 692
10 958
19 921
-
Corporate
27 869
40 112
65 014
-
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.

6 967
10 028
16 254
-
total
6 967
10 028
16 254
-
Dividends
20 901
30 084
-
-
withholding
5 748
8 274
-
-
total
5 748
8 274
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 251
38 799
60 952
43 245
After tax
48 249
49 701
27 548
45 255
Living cost
33 095
33 095
33 095
33 095
Free-cash
15 154
16 606
-5 547
12 160

Estimated living cost  is ₽33095 per week

₽22073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1322
₽585
₽15406
₽7983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 512
communal

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

-
-
-
4 499
national
-
-
-
28 260
total
-
-
-
46 271
Employee

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

67 184
-
68 543
-
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.

585
-
597
-
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.

5 039
-
5 140
-
national
20 655
-
21 186
-
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.

3 157
-
3 221
-
communal

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

3 504
-
3 575
-
total
32 940
-
33 719
-
Employer

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

67 184
-
68 543
-
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.

5 953
-
6 073
-
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.

4 132
-
4 215
-
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.

980
-
1 000
-
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.

873
-
891
-
surtax
7 618
-
7 771
-
total
19 556
-
19 950
-
Corporate
1 759
88 500
-
-
income
351
17 701
-
-
surtax
7
355
-
-
total
358
18 056
-
-
Dividends
1 401
70 444
-
-
withholding

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

78
20 792
-
-
total
78
20 792
-
-
Income
88 500
88 500
88 500
88 500
Total tax
52 932
38 848
53 669
46 271
After tax
35 568
49 652
34 831
42 229
Living cost
34 246
34 246
34 246
34 246
Free-cash
1 322
15 406
585
7 983

Estimated living cost  is ₽34246 per week

₽22059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18240
₽13335
₽25722
₽13018
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
784
income
-
-
-
15 445
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
41 562
Employee
46 753
-
67 106
-
unemployment
725
-
1 041
-
pensions
2 198
-
3 155
-
income
9 865
-
15 590
-
other
46
-
68
-
total
12 834
-
19 854
-
Employer
46 753
-
67 106
-
pensions
11 033
-
15 836
-
other
373
-
536
-
unemployment
2 572
-
3 691
-
accident
925
-
1 328
-
total
14 903
-
21 391
-
Corporate
26 844
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.

4 026
13 275
-
-
total
4 026
13 275
-
-
Dividends
22 818
75 225
-
-
withholding
4 577
15 583
-
-
total
4 577
15 583
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 340
28 858
41 245
41 562
After tax
52 160
59 642
47 255
46 938
Living cost
33 920
33 920
33 920
33 920
Free-cash
18 240
25 722
13 335
13 018

Estimated living cost  is ₽33920 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2844
₽4391
₽3281
₽262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
747
health
-
-
-
6 219
income
-
-
-
6 984
surtax
-
-
-
4 388
pensions
-
-
-
13 265
communal
-
-
-
5 593
total
-
-
-
37 196
Employee
71 128
-
79 053
-
pensions
5 689
-
6 324
-
health
3 166
-
3 518
-
income
6 870
-
8 933
-
surtax
4 360
-
4 845
-
total
20 085
-
23 620
-
Employer
71 128
-
79 053
-
pensions
5 689
-
6 324
-
health
2 169
-
2 412
-
accident
640
-
711
-
total
8 498
-
9 447
-
Corporate
8 874
88 500
-
-
income
1 331
13 275
-
-
communal
-
5 975
-
-
surtax
93
929
-
-
total
1 424
20 179
-
-
Dividends
7 450
68 322
-
-
income
9 177
3 749
-
-
withholding
1 118
10 249
-
-
total
10 295
13 998
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 302
34 177
33 067
37 196
After tax
48 198
54 323
55 433
51 304
Living cost
51 042
51 042
51 042
51 042
Free-cash
-2 844
3 281
4 391
262

Estimated living cost  is ₽51042 per week

₽38289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3092
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9119
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31585
₽23282
₽34570
₽24990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 285
income
-
-
-
16 305
surtax
-
-
-
1 909
pensions
-
-
-
17 701
other
-
-
-
-
unemployment
-
-
-
214
total
-
-
-
42 414
Employee
31 630
-
73 109
-
unemployment
2 201
-
5 089
-
pensions
2 110
-
4 877
-
health
807
-
1 864
-
income
5 303
-
15 188
-
other
-
-
-
-
surtax
112
-
1 713
-
total
10 533
-
28 731
-
Employer
31 630
-
73 109
-
pensions
4 217
-
9 746
-
other
-
-
-
-
health
1 438
-
3 328
-
unemployment
1 003
-
2 317
-
total
6 658
-
15 391
-
Corporate
50 211
88 500
-
-
income
13 054
23 011
-
-
total
13 054
23 011
-
-
Dividends
37 157
65 489
-
-
withholding
5 574
9 823
-
-
total
5 574
9 823
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 819
32 834
44 122
42 414
After tax
52 681
55 666
44 378
46 086
Living cost
21 096
21 096
21 096
21 096
Free-cash
31 585
34 570
23 282
24 990

Estimated living cost  is ₽21096 per week

₽12737
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1834
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19134
₽15966
₽21215
₽20155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 763
municipal
-
-
-
526
regional
-
-
-
1 334
national
-
-
-
18 421
total
-
-
-
43 044
Employee
52 101
-
88 500
-
regional
701
-
1 191
-
municipal
276
-
469
-
national
8 254
-
15 731
-
social contributions
17 569
-
29 842
-
total
26 800
-
47 233
-
Employer
52 101
-
88 500
-
total
-
-
-
-
Corporate
36 399
88 500
-
-
municipal
1 809
4 399
-
-
nationa
8 735
21 241
-
-
total
10 544
25 640
-
-
Dividends
25 854
62 860
-
-
withholding
6 721
16 344
-
-
total
6 721
16 344
-
-
Income
88 500
88 500
88 500
88 500
Total tax
44 065
41 984
47 233
43 044
After tax
44 435
46 516
41 267
45 456
Living cost
25 301
25 301
25 301
25 301
Free-cash
19 134
21 215
15 966
20 155

Estimated living cost  is ₽25301 per week

₽15735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2563
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21992
₽16210
₽32231
₽14402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
42 207
-
66 045
-
solidarity contribution
-
-
-
-
health
5 698
-
8 916
-
social contributions
2 743
-
4 293
-
income
5 065
-
7 925
-
total
13 506
-
21 134
-
Employer
42 207
-
66 045
-
health
3 799
-
5 944
-
social contributions
10 552
-
16 511
-
total
14 351
-
22 455
-
Corporate
31 943
88 500
-
-
income
6 069
16 815
-
-
total
6 069
16 815
-
-
Dividends
25 873
71 685
-
-
withholding
3 881
10 753
-
-
total
3 881
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 807
27 568
43 589
45 397
After tax
50 693
60 932
44 911
43 103
Living cost
28 701
28 701
28 701
28 701
Free-cash
21 992
32 231
16 210
14 402

Estimated living cost  is ₽28701 per week

₽21344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1590
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5271
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19371
-₽2383
₽19838
₽15475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 770
surtax
-
-
-
-
income
-
-
-
13 801
chamber of commerce
-
-
-
355
pensions
-
-
-
16 373
unemployment
-
-
-
5 761
total
-
-
-
43 060
Employee
41 057
37 430
68 721
-
unemployment
1 232
1 123
2 062
-
pensions
4 205
3 832
7 037
-
health
1 588
1 449
2 659
-
income
3 657
2 761
12 405
-
other
410
374
688
-
total
11 092
9 539
24 851
-
Employer
41 057
37 430
68 721
-
chamber of commerce
164
150
274
-
pensions
5 153
4 698
8 625
-
other
1 950
1 777
3 265
-
health
1 552
1 415
2 597
-
unemployment
1 232
1 123
2 062
-
accident
533
487
893
-
surtax
-
-
-
-
payroll
1 232
1 123
2 062
-
total
11 816
10 773
19 778
-
Corporate
35 628
40 297
65 156
-
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.

8 907
10 074
16 289
-
total
8 907
10 074
16 289
-
Dividends
26 721
30 223
-
-
withholding
7 349
8 311
-
-
total
7 349
8 311
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 164
38 697
60 918
43 060
After tax
49 336
49 803
27 582
45 440
Living cost
29 965
29 965
29 965
29 965
Free-cash
19 371
19 838
-2 383
15 475

Estimated living cost  is ₽29965 per week

₽17975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69842
₽58815
₽72090
₽75630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 982
-
88 500
-
income
2 997
-
17 700
-
total
2 997
-
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%.

73 518
88 500
-
-
total
-
-
-
-
Dividends
73 518
88 500
-
-
withholding
3 676
4 425
-
-
total
3 676
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 673
4 425
17 700
885
After tax
81 827
84 075
70 800
87 615
Living cost
11 985
11 985
11 985
11 985
Free-cash
69 842
72 090
58 815
75 630

Estimated living cost  is ₽11985 per week

₽8111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽503
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.
₽2969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27884
₽18297
₽35739
₽20833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 707
income
-
-
-
17 472
pensions
-
-
-
16 163
unemployment
-
-
-
132
total
-
-
-
42 474
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.

41 533
-
76 578
-
unemployment
59
-
107
-
pensions
6 438
-
11 869
-
health
2 682
-
4 946
-
income
7 162
-
16 166
-
total
16 341
-
33 088
-
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.

41 533
-
76 578
-
pensions
3 675
-
6 777
-
health
2 766
-
5 099
-
unemployment
25
-
46
-
total
6 466
-
11 922
-
Corporate
40 500
88 500
-
-
income
7 695
16 815
-
-
total
7 695
16 815
-
-
Dividends
32 805
71 685
-
-
withholding
4 921
10 753
-
-
total
4 921
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 423
27 568
45 010
42 474
After tax
53 077
60 932
43 490
46 026
Living cost
25 193
25 193
25 193
25 193
Free-cash
27 884
35 739
18 297
20 833

Estimated living cost  is ₽25193 per week

₽17289
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5802
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽52609
₽35215
₽13008
₽20326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 552
-
-
-
social contributions
4 801
-
684
-
income
12 915
-
-
-
total
17 716
-
684
-
Employer
58 552
-
-
-
social contributions
82 558
-
11 766
-
total
82 558
-
11 766
-
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
100 274
34 657
12 450
27 339
After tax
-11 774
53 843
76 050
61 161
Living cost
40 835
40 835
40 835
40 835
Free-cash
-52 609
13 008
35 215
20 326

Estimated living cost  is ₽40835 per week

₽26495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19932
₽15999
₽20878
₽20258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
30 753
income
-
-
-
8 028
surtax
-
-
-
-
total
-
-
-
38 781
Employee
43 198
-
71 516
-
social contributions
4 752
-
7 867
-
income
8 985
-
18 189
-
surtax
-
-
-
-
total
13 737
-
26 056
-
Employer
43 198
-
71 516
-
social contributions
10 259
-
16 984
-
total
10 259
-
16 984
-
Corporate
35 043
88 500
-
-
income
7 359
18 585
-
-
surtax
-
-
-
-
total
7 359
18 585
-
-
Dividends
27 683
69 915
-
-
withholding
7 752
19 576
-
-
total
7 752
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 107
38 161
43 040
38 781
After tax
49 393
50 339
45 460
49 719
Living cost
29 461
29 461
29 461
29 461
Free-cash
19 932
20 878
15 999
20 258

Estimated living cost  is ₽29461 per week

₽22043
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5698
₽5163
-₽761
₽5754
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 522
health
-
-
-
1 340
income
-
-
-
7 662
surtax
-
-
-
-
pensions
-
-
-
23 113
other
-
-
-
2 745
total
-
-
-
37 382
Employee
58 826
-
67 438
-
pensions
6 654
-
7 627
-
social contributions
1 675
-
1 921
-
income
5 133
-
7 364
-
surtax
-
-
-
-
total
13 462
-
16 912
-
Employer
58 826
-
67 438
-
pensions
9 666
-
11 081
-
other
2 030
-
2 326
-
health
4 117
-
4 720
-
unemployment
2 383
-
2 731
-
social contributions
176
-
203
-
total
18 372
-
21 061
-
Corporate
11 301
88 500
-
-
income
3 164
24 781
-
-
surtax
-
-
-
-
total
3 164
24 781
-
-
Dividends
8 137
63 719
-
-
surtax
-
-
-
-
social contributions
1 399
10 960
-
-
withholding
1 041
8 156
-
-
total
2 440
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 438
43 897
37 973
37 382
After tax
51 062
44 603
50 527
51 118
Living cost
45 364
45 364
45 364
45 364
Free-cash
5 698
-761
5 163
5 754

Estimated living cost  is ₽45364 per week

₽30702
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48261
₽41949
₽51417
₽39486
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 469
income
-
-
-
1 312
total
-
-
-
20 781
Employee
30 196
-
76 624
-
social contributions
1 962
-
4 982
-
income
-
-
1 460
-
total
1 962
-
6 442
-
Employer
30 196
-
76 624
-
social contributions
4 681
-
11 876
-
total
4 681
-
11 876
-
Corporate
53 624
88 500
-
-
income
5 363
8 850
-
-
total
5 363
8 850
-
-
Dividends
48 261
79 650
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
12 006
8 850
18 318
20 781
After tax
76 494
79 650
70 182
67 719
Living cost
28 233
28 233
28 233
28 233
Free-cash
48 261
51 417
41 949
39 486

Estimated living cost  is ₽28233 per week

₽18255
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽115960
-₽115960
-₽115960
₽10019
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 154
pensions
-
-
-
813
labour market
-
-
-
7 015
national
-
-
-
9 305
total
-
-
-
33 287
Employee
190 754
190 754
190 754
-
pensions
271
271
271
-
municipal
40 620
40 620
40 620
-
national
23 304
23 304
23 304
-
labour market
15 239
15 239
15 239
-
total
79 434
79 434
79 434
-
Employer
190 754
190 754
190 754
-
municipal
40 685
40 685
40 685
-
pensions
542
542
542
-
national
23 345
23 345
23 345
-
labour market
15 260
15 260
15 260
-
total
79 832
79 832
79 832
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
159 266
159 266
159 266
33 287
After tax
-70 766
-70 766
-70 766
55 213
Living cost
45 194
45 194
45 194
45 194
Free-cash
-115 960
-115 960
-115 960
10 019

Estimated living cost  is ₽45194 per week

₽30931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4000
₽24621
-₽13491
₽40125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
21 076
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
27 715
Employee
32 499
-
74 912
-
pensions
3 660
-
7 272
-
health
3 721
-
8 578
-
income
4 459
-
13 781
-
total
11 840
-
29 631
-
Employer
32 499
-
74 912
-
pensions
5 284
-
10 501
-
unemployment
796
-
1 836
-
accident
543
-
1 251
-
total
6 623
-
13 588
-
Corporate
49 377
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.

44 439
79 650
-
-
total
44 439
79 650
-
-
Dividends
4 938
8 850
-
-
withholding
938
1 681
-
-
total
938
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 840
81 331
43 219
27 715
After tax
24 660
7 169
45 281
60 785
Living cost
20 660
20 660
20 660
20 660
Free-cash
4 000
-13 491
24 621
40 125

Estimated living cost  is ₽20660 per week

₽15038
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
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.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20596
₽14856
₽23198
₽27391
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
971
municipal
-
-
-
15 755
national
-
-
-
8 323
total
-
-
-
25 049
Employee
49 415
-
74 449
-
unemployment
741
-
1 118
-
pensions
3 335
-
5 025
-
municipal
8 094
-
12 159
-
national
816
-
4 477
-
health
369
-
754
-
total
13 355
-
23 533
-
Employer
49 415
-
74 449
-
pensions
8 573
-
12 917
-
health
380
-
574
-
unemployment
321
-
485
-
accident
50
-
75
-
total
9 324
-
14 051
-
Corporate
29 761
88 500
-
-
income
5 951
17 701
-
-
total
5 951
17 701
-
-
Dividends

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

17 857
53 099
-
-
national
-
1 984
-
-
municipal
3 214
9 557
-
-
total
3 214
11 541
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 844
29 242
37 584
25 049
After tax
56 656
59 258
50 916
63 451
Living cost
36 060
36 060
36 060
36 060
Free-cash
20 596
23 198
14 856
27 391

Estimated living cost  is ₽36060 per week

₽23554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3469
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37953
₽41688
₽43066
₽41776
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 915
total
-
-
-
24 978
Employee
72 223
72 223
80 346
-
health
560
1 228
1 365
-
social contributions
2 731
5 994
6 668
-
income
7 864
6 686
8 878
-
total
11 155
13 908
16 911
-
Employer
72 223
72 223
80 346
-
health
608
1 337
1 487
-
social contributions
2 731
5 994
6 668
-
total
3 339
7 331
8 155
-
Corporate
52 261
8 946
-
-
income
6 532
1 118
-
-
total
6 532
1 118
-
-
Dividends
45 729
7 828
-
-
withholding
7 775
1 331
-
-
total
7 775
1 331
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 801
23 688
25 066
24 978
After tax
59 699
64 812
63 434
63 522
Living cost
21 746
21 746
21 746
21 746
Free-cash
37 953
43 066
41 688
41 776

Estimated living cost  is ₽21746 per week

₽13033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2134
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53597
₽39692
₽58374
₽55819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 399
income
-
-
-
8 368
pensions
-
-
-
5 975
unemployment
-
-
-
27
total
-
-
-
17 769
Employee

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

21 559
-
80 235
-
unemployment
107
-
401
-
pensions
3 233
-
12 035
-
health
1 832
-
6 819
-
income
1 474
-
6 376
-
total
6 646
-
25 631
-
Employer

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

21 559
-
80 235
-
pensions
1 185
-
4 413
-
health
927
-
3 451
-
unemployment
107
-
401
-
total
2 219
-
8 265
-
Corporate
64 722
88 500
-
-
income
5 825
7 965
-
-
total
5 825
7 965
-
-
Dividends
58 897
80 535
-
-
withholding
5 301
7 249
-
-
total
5 301
7 249
-
-
Income
88 500
88 500
88 500
88 500
Total tax
19 991
15 214
33 896
17 769
After tax
68 509
73 286
54 604
70 731
Living cost
14 912
14 912
14 912
14 912
Free-cash
53 597
58 374
39 692
55 819

Estimated living cost  is ₽14912 per week

₽9514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28887
₽21427
₽33814
₽21110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
784
income
-
-
-
15 445
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
41 562
Employee
34 729
-
67 106
-
unemployment
538
-
1 041
-
pensions
1 633
-
3 155
-
income
6 696
-
15 590
-
other
34
-
68
-
total
8 901
-
19 854
-
Employer
34 729
-
67 106
-
pensions
8 195
-
15 836
-
other
278
-
536
-
unemployment
1 911
-
3 691
-
accident
688
-
1 328
-
total
11 072
-
21 391
-
Corporate
42 699
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.

6 404
13 275
-
-
total
6 404
13 275
-
-
Dividends
36 294
75 225
-
-
withholding
7 408
15 583
-
-
total
7 408
15 583
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 785
28 858
41 245
41 562
After tax
54 715
59 642
47 255
46 938
Living cost
25 828
25 828
25 828
25 828
Free-cash
28 887
33 814
21 427
21 110

Estimated living cost  is ₽25828 per week

₽17434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2483
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53085
₽54478
₽53387
₽54609
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
972
income
-
-
-
29 742
pensions
-
-
-
1 340
total
-
-
-
32 054
Employee
2 798
-
86 992
-
unemployment
28
-
67
-
pensions
252
-
603
-
health
140
-
335
-
income
541
-
29 672
-
total
961
-
30 677
-
Employer
2 798
-
86 992
-
pensions
308
-
737
-
health
266
-
637
-
unemployment
56
-
134
-
total
630
-
1 508
-
Corporate
85 072
88 500
-
-
income
18 716
19 470
-
-
total
18 716
19 470
-
-
Dividends
66 356
69 030
-
-
withholding
13 271
13 806
-
-
total
13 271
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 578
33 276
32 185
32 054
After tax
54 922
55 224
56 315
56 446
Living cost
1 837
1 837
1 837
1 837
Free-cash
53 085
53 387
54 478
54 609

Estimated living cost  is ₽1837 per week

₽1092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43085
₽29934
₽47705
₽29933
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 146
income
-
-
-
16 105
pensions
-
-
-
18 039
unemployment
-
-
-
1 041
total
-
-
-
42 331
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.

24 482
-
76 081
-
unemployment
184
-
520
-
pensions
3 428
-
9 713
-
health
1 261
-
3 573
-
income
3 375
-
16 105
-
total
8 248
-
29 911
-
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.

24 482
-
76 081
-
pensions
2 938
-
8 326
-
health
1 261
-
3 573
-
unemployment
184
-
520
-
total
4 383
-
12 419
-
Corporate
59 635
88 500
-
-
income
8 945
13 275
-
-
total
8 945
13 275
-
-
Dividends
50 690
75 225
-
-
withholding
7 603
11 284
-
-
total
7 603
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 179
24 559
42 330
42 331
After tax
59 321
63 941
46 170
46 169
Living cost
16 236
16 236
16 236
16 236
Free-cash
43 085
47 705
29 934
29 933

Estimated living cost  is ₽16236 per week

₽10932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24679
₽20139
₽25018
₽24398
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
30 753
income
-
-
-
8 028
surtax
-
-
-
-
total
-
-
-
38 781
Employee
36 454
-
71 516
-
social contributions
4 010
-
7 867
-
income
7 123
-
18 189
-
surtax
-
-
-
-
total
11 133
-
26 056
-
Employer
36 454
-
71 516
-
social contributions
8 657
-
16 984
-
total
8 657
-
16 984
-
Corporate
43 389
88 500
-
-
income
9 112
18 585
-
-
surtax
-
-
-
-
total
9 112
18 585
-
-
Dividends
34 277
69 915
-
-
withholding
9 598
19 576
-
-
total
9 598
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 500
38 161
43 040
38 781
After tax
50 000
50 339
45 460
49 719
Living cost
25 321
25 321
25 321
25 321
Free-cash
24 679
25 018
20 139
24 398

Estimated living cost  is ₽25321 per week

₽17934
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.
₽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.
₽5180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19470
₽14246
₽26633
₽13929
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
784
income
-
-
-
15 445
pensions
-
-
-
24 636
other
-
-
-
87
unemployment
-
-
-
610
total
-
-
-
41 562
Employee
45 361
-
67 106
-
unemployment
702
-
1 041
-
pensions
2 132
-
3 155
-
income
9 474
-
15 590
-
other
45
-
68
-
total
12 353
-
19 854
-
Employer
45 361
-
67 106
-
pensions
10 705
-
15 836
-
other
364
-
536
-
unemployment
2 495
-
3 691
-
accident
898
-
1 328
-
total
14 462
-
21 391
-
Corporate
28 677
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.

4 301
13 275
-
-
total
4 301
13 275
-
-
Dividends
24 376
75 225
-
-
withholding
4 905
15 583
-
-
total
4 905
15 583
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 021
28 858
41 245
41 562
After tax
52 479
59 642
47 255
46 938
Living cost
33 009
33 009
33 009
33 009
Free-cash
19 470
26 633
14 246
13 929

Estimated living cost  is ₽33009 per week

₽23706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2567
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53810
₽52978
₽59527
₽50335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 769
income
-
-
-
13 275
pensions

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

-
-
-
4 850
unemployment
-
-
-
131
total
-
-
-
22 025
Employee
21 371
-
82 070
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 878
-
health
983
-
1 508
-
income
2 137
-
8 207
-
total
5 231
-
12 953
-
Employer
21 371
-
82 070
-
pensions

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

2 355
-
3 611
-
health
1 475
-
2 261
-
unemployment
128
-
197
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
total
4 193
-
6 429
-
Corporate
62 936
88 500
-
-
income
6 294
8 850
-
-
total
6 294
8 850
-
-
Dividends
56 642
79 650
-
-
withholding
2 832
3 983
-
-
total
2 832
3 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 550
12 833
19 382
22 025
After tax
69 950
75 667
69 118
66 475
Living cost
16 140
16 140
16 140
16 140
Free-cash
53 810
59 527
52 978
50 335

Estimated living cost  is ₽16140 per week

₽10675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21698
₽27378
₽9409
₽20945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 417
trade
-
-
-
6 433
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.

-
-
-
17 482
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.

-
-
-
961
total
-
-
-
31 293
Employee

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

46 733
-
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.

6 417
-
6 417
-
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.

3 843
-
17 482
-
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.

212
-
961
-
total
10 472
-
24 860
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 767
88 500
-
-
income
6 265
13 275
-
-
chamber of commerce
203
273
-
-
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.

344
731
-
-
trade
5 994
12 699
-
-
total
12 806
26 978
-
-
Dividends
28 961
61 522
-
-
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.

378
827
-
-
withholding
6 884
15 024
-
-
total
7 262
15 851
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 540
42 829
24 860
31 293
After tax
57 960
45 671
63 640
57 207
Living cost
36 262
36 262
36 262
36 262
Free-cash
21 698
9 409
27 378
20 945

Estimated living cost  is ₽36262 per week

₽25014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6819
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10520
₽7366
₽8447
₽7366
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 756
income
-
-
-
19 875
total
-
-
-
27 631
Employee
73 470
-
88 500
-
social contributions
6 104
-
7 756
-
income
13 863
-
19 875
-
total
19 967
-
27 631
-
Employer
73 470
-
88 500
-
total
-
-
-
-
Corporate
15 030
88 500
-
-
income
1 879
11 063
-
-
total
1 879
11 063
-
-
Dividends
13 152
77 437
-
-
withholding
2 631
15 487
-
-
total
2 631
15 487
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 477
26 550
27 631
27 631
After tax
64 023
61 950
60 869
60 869
Living cost
53 503
53 503
53 503
53 503
Free-cash
10 520
8 447
7 366
7 366

Estimated living cost  is ₽53503 per week

₽40704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4360
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7928
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22705
₽30816
₽18469
₽21874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 736
health

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

-
-
-
5 795
total
-
-
-
32 531
Employee
43 087
-
84 179
-
social contributions
4 317
-
4 321
-
income
4 675
-
14 947
-
total
8 992
-
19 268
-
Employer
43 087
-
84 179
-
social contributions
4 317
-
4 321
-
total
4 317
-
4 321
-
Corporate
41 096
88 500
-
-
income
14 384
30 974
-
-
total
14 384
30 974
-
-
Dividends
26 712
57 526
-
-
social contributions
4 007
4 962
-
-
total
4 007
4 962
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 700
35 936
23 589
32 531
After tax
56 800
52 564
64 911
55 969
Living cost
34 095
34 095
34 095
34 095
Free-cash
22 705
18 469
30 816
21 874

Estimated living cost  is ₽34095 per week

₽22458
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8425
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26982
₽21401
₽31707
₽30284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 646
pensions
-
-
-
6 431
total
-
-
-
24 077
Employee
46 861
-
77 989
-
pensions
3 577
-
7 313
-
health
611
-
1 249
-
income
8 534
-
13 886
-
total
12 722
-
22 448
-
Employer
46 861
-
77 989
-
pensions
4 734
-
9 030
-
health
891
-
1 482
-
total
5 625
-
10 512
-
Corporate
36 014
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.

6 844
16 815
-
-
total
6 844
16 815
-
-
Dividends
29 170
71 685
-
-
withholding
2 188
5 839
-
-
total
2 188
5 839
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 379
22 654
32 960
24 077
After tax
61 121
65 846
55 540
64 423
Living cost
34 139
34 139
34 139
34 139
Free-cash
26 982
31 707
21 401
30 284

Estimated living cost  is ₽34139 per week

₽23419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7151
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3688
₽22576
-₽15536
₽38080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
241
health
-
-
-
2 079
income
-
-
-
21 076
pensions
-
-
-
3 966
other
-
-
-
353
total
-
-
-
27 715
Employee
35 716
-
74 912
-
pensions
4 022
-
7 272
-
health
4 089
-
8 578
-
income
4 900
-
13 781
-
total
13 011
-
29 631
-
Employer
35 716
-
74 912
-
pensions
5 807
-
10 501
-
unemployment
875
-
1 836
-
accident
596
-
1 251
-
total
7 278
-
13 588
-
Corporate
45 505
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.

40 954
79 650
-
-
total
40 954
79 650
-
-
Dividends
4 551
8 850
-
-
withholding
864
1 681
-
-
total
864
1 681
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 107
81 331
43 219
27 715
After tax
26 393
7 169
45 281
60 785
Living cost
22 705
22 705
22 705
22 705
Free-cash
3 688
-15 536
22 576
38 080

Estimated living cost  is ₽22705 per week

₽16663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57986
₽41757
₽61797
₽38056
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 430
health insurance
-
-
-
6 549
pensions
-
-
-
16 284
unemployment
-
-
-
1 062
work injury
-
-
-
443
total
-
-
-
37 768
Employee

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

20 282
-
88 500
-
unemployment
243
-
901
-
pensions
3 732
-
13 808
-
work injury
101
-
375
-
income
2 028
-
13 430
-
health insurance
1 501
-
5 553
-
total
7 605
-
34 067
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 218
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
68 218
87 615
-
-
withholding
10 233
13 142
-
-
total
10 233
13 142
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 838
14 027
34 067
37 768
After tax
70 662
74 473
54 433
50 732
Living cost
12 676
12 676
12 676
12 676
Free-cash
57 986
61 797
41 757
38 056

Estimated living cost  is ₽12676 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4927
₽3543
₽9199
₽7590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 763
municipal
-
-
-
592
regional
-
-
-
1 717
national
-
-
-
18 421
total
-
-
-
43 493
Employee
79 146
-
88 500
-
regional
1 195
-
1 439
-
municipal
472
-
528
-
national
13 375
-
15 731
-
social contributions
26 688
-
29 842
-
total
41 730
-
47 540
-
Employer
79 146
-
88 500
-
total
-
-
-
-
Corporate
9 354
88 500
-
-
municipal
451
4 265
-
-
nationa
2 244
21 241
-
-
total
2 695
25 506
-
-
Dividends
6 659
62 994
-
-
withholding
1 731
16 378
-
-
total
1 731
16 378
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 156
41 884
47 540
43 493
After tax
42 344
46 616
40 960
45 007
Living cost
37 417
37 417
37 417
37 417
Free-cash
4 927
9 199
3 543
7 590

Estimated living cost  is ₽37417 per week

₽26283
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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