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
₽14319
₽33862
₽27289
₽25441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
16 401
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.

-
-
-
903
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.

-
-
-
6 871
trade
-
-
-
6 573
total
-
-
-
30 748
Employee

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

38 468
-
88 500
-
surtax

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

59
-
903
-
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.

1 075
-
16 401
-
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.

6 871
-
6 871
-
total
8 005
-
24 175
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 032
88 500
-
-
income
7 505
13 274
-
-
surtax

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

412
731
-
-
chamber of commerce
225
281
-
-
trade
7 881
13 938
-
-
total
16 023
28 224
-
-
Dividends
34 009
60 276
-
-
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.

447
807
-
-
withholding
8 121
14 687
-
-
total
8 568
15 494
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 596
43 718
24 175
30 748
After tax
55 904
44 782
64 325
57 752
Living cost
30 463
30 463
30 463
30 463
Free-cash
25 441
14 319
33 862
27 289

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1813
₽1247
₽553
-₽1811
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 007
national
-
-
-
13 958
pensions
-
-
-
10 620
total
-
-
-
34 536
Employee
82 797
-
76 507
-
municipal
10 227
-
9 350
-
pensions
3 312
-
3 060
-
national
15 847
-
14 489
-
total
29 386
-
26 899
-
Employer
82 797
-
76 507
-
pensions
6 624
-
6 121
-
social contributions
890
-
822
-
total
7 514
-
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
36 900
33 276
33 842
34 536
After tax
51 600
55 224
54 658
53 964
Living cost
53 411
53 411
53 411
53 411
Free-cash
-1 811
1 813
1 247
553

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49876
₽29098
₽26458
₽41627
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 665
surtax
-
-
-
-
social contributions

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

-
-
-
28 453
microenterprise
-
-
-
-
total
-
-
-
41 118
Employee
29 388
-
71 319
-
surtax
-
-
-
-
social contributions

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

3 233
-
7 844
-
income
5 231
-
13 453
-
total
8 464
-
21 297
-
Employer
29 388
-
71 319
-
social contributions

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

7 079
-
17 181
-
surtax
-
-
-
-
total
7 079
-
17 181
-
Corporate
52 033
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%.

10 406
17 700
-
-
total
10 406
17 700
-
-
Dividends

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

41 627
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
25 949
17 700
38 478
41 118
After tax
62 551
70 800
50 022
47 382
Living cost
20 924
20 924
20 924
20 924
Free-cash
41 627
49 876
29 098
26 458

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5727
-₽11373
₽8169
-₽11373
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 053
health
-
-
-
11 362
pensions
-
-
-
11 784
total
-
-
-
38 199
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
57 741
52 095
57 741
38 199
After tax
30 759
36 405
30 759
50 301
Living cost
42 132
42 132
42 132
42 132
Free-cash
-11 373
-5 727
-11 373
8 169

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽7115
₽6054
₽2911
₽6190
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
177
other
-
-
-
10 284
unemployment
-
-
-
88
health
-
-
-
5 522
municipal
-
-
-
18 745
national
-
-
-
-
pensions
-
-
-
9 567
total
-
-
-
44 383
Employee
58 715
-
67 341
-
municipal
17 509
-
20 081
-
national
-
-
-
-
total
17 509
-
20 081
-
Employer
58 715
-
67 341
-
health
3 611
-
4 141
-
pensions
6 347
-
7 280
-
accident
117
-
135
-
unemployment
1 550
-
1 778
-
other
6 823
-
7 825
-
total
18 448
-
21 159
-
Corporate
11 337
88 500
-
-
income
2 494
19 470
-
-
total
2 494
19 470
-
-
Dividends
8 843
69 030
-
-
withholding
2 653
20 709
-
-
total
2 653
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 104
40 179
41 240
44 383
After tax
47 396
48 321
47 260
44 117
Living cost
41 206
41 206
41 206
41 206
Free-cash
6 190
7 115
6 054
2 911

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
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.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4815
₽24815
₽17950
₽18949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
16 401
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.

-
-
-
903
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.

-
-
-
6 871
trade
-
-
-
6 865
total
-
-
-
31 040
Employee

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

51 004
-
88 500
-
surtax

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

240
-
903
-
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.

4 382
-
16 401
-
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.

6 871
-
6 871
-
total
11 493
-
24 175
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 496
88 500
-
-
income
5 625
13 274
-
-
surtax

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

309
731
-
-
chamber of commerce
206
279
-
-
trade
6 169
14 559
-
-
total
12 309
28 843
-
-
Dividends
25 188
59 657
-
-
surtax

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

324
800
-
-
withholding
5 915
14 532
-
-
total
6 239
15 332
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 041
44 175
24 175
31 040
After tax
58 459
44 325
64 325
57 460
Living cost
39 510
39 510
39 510
39 510
Free-cash
18 949
4 815
24 815
17 950

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32230
₽31717
₽31808
₽28059
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 008
social contributions
-
-
-
13 807
health
-
-
-
2 256
total
-
-
-
24 071
Employee
77 337
77 337
80 345
-
social contributions
3 758
6 419
6 669
-
income
8 121
7 159
7 970
-
health
769
1 315
1 367
-
total
12 648
14 893
16 006
-
Employer
77 337
77 337
80 345
-
health
838
1 431
1 487
-
social contributions
3 758
6 419
6 669
-
total
4 596
7 850
8 156
-
Corporate
38 634
3 313
-
-
income
4 829
414
-
-
total
4 829
414
-
-
Dividends
33 806
2 899
-
-
withholding
5 747
492
-
-
total
5 747
492
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 820
23 649
24 162
24 071
After tax
60 680
64 851
64 338
64 429
Living cost
32 621
32 621
32 621
32 621
Free-cash
28 059
32 230
31 717
31 808

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31449
₽32849
₽42853
₽31833
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 819
unemployment
-
-
-
1 328
health
-
-
-
6 195
pensions
-
-
-
8 850
total
-
-
-
27 192
Employee

As of 2018, the minimum salary of a managing director was set at 180,500 HUF per month.

The minimum wage is 138,000 HUF per month.

26 641
10 603
74 059
-
unemployment
400
159
1 111
-
pensions
2 664
1 060
7 406
-
income
3 257
1 296
9 054
-
health
1 865
742
5 184
-
total
8 186
3 257
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.

26 641
10 603
74 059
-
pensions
5 195
2 068
14 441
-
total
5 195
2 068
14 441
-
Corporate
56 664
75 830
-
-
income
5 100
6 825
-
-
total
5 100
6 825
-
-
Dividends
51 565
69 005
-
-
social contributions
9 934
13 335
-
-
withholding
9 797
13 111
-
-
total
19 731
26 446
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 212
38 596
37 196
27 192
After tax
50 288
49 904
51 304
61 308
Living cost
18 455
18 455
18 455
18 455
Free-cash
31 833
31 449
32 849
42 853

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46507
₽26719
₽23144
₽40260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 858
health
-
-
-
11 505
pensions
-
-
-
17 700
total
-
-
-
41 063
Employee
28 531
-
66 145
-
unemployment
456
-
1 057
-
pensions
571
-
1 323
-
income
3 212
-
12 753
-
total
4 239
-
15 133
-
Employer
28 531
-
66 145
-
health
3 708
-
8 598
-
pensions
5 707
-
13 228
-
unemployment
229
-
529
-
total
9 644
-
22 355
-
Corporate
50 324
88 500
-
-
income
10 064
17 700
-
-
total
10 064
17 700
-
-
Dividends
40 260
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
23 947
17 700
37 488
41 063
After tax
64 553
70 800
51 012
47 437
Living cost
24 292
24 292
24 292
24 292
Free-cash
40 260
46 507
26 719
23 144

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15232
₽22478
₽38427
₽3733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
20 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 673
Employee
35 237
-
74 224
-
pensions
3 968
-
7 768
-
income
4 834
-
13 078
-
health
4 035
-
8 499
-
total
12 837
-
29 345
-
Employer
35 237
-
74 224
-
pensions
5 730
-
11 218
-
accident
588
-
1 240
-
unemployment
863
-
1 819
-
total
7 181
-
14 277
-
Corporate
46 082
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.

41 474
79 650
-
-
total
41 474
79 650
-
-
Dividends
4 608
8 850
-
-
withholding
875
1 682
-
-
total
875
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 367
81 332
43 622
27 673
After tax
26 133
7 168
44 878
60 827
Living cost
22 400
22 400
22 400
22 400
Free-cash
3 733
-15 232
22 478
38 427

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75935
₽62660
₽79475
₽74409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 174
-
88 500
-
income
2 035
-
17 700
-
total
2 035
-
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%.

78 326
88 500
-
-
total
-
-
-
-
Dividends
78 326
88 500
-
-
withholding
3 916
4 425
-
-
total
3 916
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 951
4 425
17 700
885
After tax
82 549
84 075
70 800
87 615
Living cost
8 140
8 140
8 140
8 140
Free-cash
74 409
75 935
62 660
79 475

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38221
₽25076
₽21121
₽31427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 242
other
-
-
-
4 205
health
-
-
-
3 894
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
total
-
-
-
40 580
Employee
36 518
-
70 687
-
unemployment
365
-
706
-
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.

2 556
-
4 947
-
income
6 287
-
12 167
-
health
512
-
991
-
total
9 720
-
18 811
-
Employer
36 518
-
70 687
-
health
512
-
991
-
pensions

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

6 209
-
12 017
-
accident
292
-
565
-
unemployment
365
-
706
-
other
1 827
-
3 535
-
total
9 205
-
17 814
-
Corporate
42 779
88 500
-
-
income
8 984
18 586
-
-
total
8 984
18 586
-
-
Dividends
33 795
69 914
-
-
withholding
2 365
4 894
-
-
total
2 365
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 274
23 480
36 625
40 580
After tax
58 226
65 020
51 875
47 920
Living cost
26 799
26 799
26 799
26 799
Free-cash
31 427
38 221
25 076
21 121

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽549
-₽11059
-₽1096
-₽19062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 440
pensions
-
-
-
6 297
total
-
-
-
22 737
Employee
94 595
-
78 121
-
pensions
9 126
-
7 149
-
income
17 052
-
13 950
-
health
1 559
-
1 222
-
total
27 737
-
22 321
-
Employer
94 595
-
78 121
-
health
1 797
-
1 484
-
pensions
11 169
-
8 895
-
total
12 966
-
10 379
-
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.

-
16 814
-
-
total
-
16 814
-
-
Dividends
-
71 686
-
-
withholding
-
5 376
-
-
total
-
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 703
22 190
32 700
22 737
After tax
47 797
66 310
55 800
65 763
Living cost
66 859
66 859
66 859
66 859
Free-cash
-19 062
-549
-11 059
-1 096

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
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.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62463
₽55139
₽52627
₽57784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 668
Employee
17 485
-
81 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
8 160
-
health
804
-
1 618
-
total
4 280
-
13 254
-
Employer
17 485
-
81 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
67 584
88 500
-
-
income
6 758
8 850
-
-
total
6 758
8 850
-
-
Dividends
60 826
79 650
-
-
withholding
3 041
3 982
-
-
total
3 041
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 511
12 832
20 156
22 668
After tax
70 989
75 668
68 344
65 832
Living cost
13 205
13 205
13 205
13 205
Free-cash
57 784
62 463
55 139
52 627

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19365
-₽25011
-₽5469
-₽21071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 053
health
-
-
-
11 362
pensions
-
-
-
11 784
total
-
-
-
38 199
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
53 801
52 095
57 741
38 199
After tax
34 699
36 405
30 759
50 301
Living cost
55 770
55 770
55 770
55 770
Free-cash
-21 071
-19 365
-25 011
-5 469

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽35939
₽19918
₽18111
₽27022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 607
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
health
-
-
-
11 947
total
-
-
-
45 396
Employee
36 754
-
66 045
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 293
-
income
4 411
-
7 925
-
health
4 962
-
8 916
-
total
11 762
-
21 134
-
Employer
36 754
-
66 045
-
health
3 308
-
5 944
-
social contributions
9 189
-
16 511
-
total
12 497
-
22 455
-
Corporate
39 249
88 500
-
-
income
7 457
16 815
-
-
total
7 457
16 815
-
-
Dividends
31 792
71 685
-
-
withholding
4 769
10 753
-
-
total
4 769
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 485
27 568
43 589
45 396
After tax
52 015
60 932
44 911
43 104
Living cost
24 993
24 993
24 993
24 993
Free-cash
27 022
35 939
19 918
18 111

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
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.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4779
-₽353
₽3860
-₽884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
regional
-
-
-
956
municipal
-
-
-
527
national
-
-
-
17 956
total
-
-
-
42 201
Employee
89 385
-
88 500
-
municipal
473
-
470
-
national
15 488
-
15 267
-
regional
843
-
834
-
social contributions
30 141
-
29 843
-
total
46 945
-
46 414
-
Employer
89 385
-
88 500
-
total
-
-
-
-
Corporate
-
88 500
-
-
municipal
-
3 451
-
-
nationa
-
21 241
-
-
total
-
24 692
-
-
Dividends
-
63 809
-
-
withholding
-
16 590
-
-
total
-
16 590
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 945
41 282
46 414
42 201
After tax
41 555
47 218
42 086
46 299
Living cost
42 439
42 439
42 439
42 439
Free-cash
-884
4 779
-353
3 860

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33473
₽22879
₽24578
₽30342
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 771
other
-
-
-
-
surtax
-
-
-
1 746
unemployment
-
-
-
229
health
-
-
-
6 283
pensions
-
-
-
17 700
total
-
-
-
41 729
Employee
33 259
-
73 111
-
other
-
-
-
-
unemployment
2 315
-
5 088
-
pensions
2 218
-
4 876
-
surtax
109
-
1 552
-
income
5 575
-
14 658
-
health
849
-
1 865
-
total
11 066
-
28 039
-
Employer
33 259
-
73 111
-
health
1 514
-
3 327
-
pensions
4 434
-
9 745
-
unemployment
1 054
-
2 317
-
other
-
-
-
-
total
7 002
-
15 389
-
Corporate
48 240
88 500
-
-
income
12 543
23 010
-
-
total
12 543
23 010
-
-
Dividends
35 697
65 490
-
-
withholding
5 354
9 824
-
-
total
5 354
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 965
32 834
43 428
41 729
After tax
52 535
55 666
45 072
46 771
Living cost
22 193
22 193
22 193
22 193
Free-cash
30 342
33 473
22 879
24 578

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
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.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20634
₽10124
₽20087
₽12767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 440
pensions
-
-
-
6 297
total
-
-
-
22 737
Employee
63 395
-
78 121
-
pensions
5 381
-
7 149
-
income
11 418
-
13 950
-
health
920
-
1 222
-
total
17 719
-
22 321
-
Employer
63 395
-
78 121
-
health
1 204
-
1 484
-
pensions
6 863
-
8 895
-
total
8 067
-
10 379
-
Corporate
17 038
88 500
-
-
income

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

3 236
16 814
-
-
total
3 236
16 814
-
-
Dividends
13 801
71 686
-
-
withholding
1 035
5 376
-
-
total
1 035
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 057
22 190
32 700
22 737
After tax
58 443
66 310
55 800
65 763
Living cost
45 676
45 676
45 676
45 676
Free-cash
12 767
20 634
10 124
20 087

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
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.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽39276
-₽9963
-₽5438
-₽13713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 770
regional
-
-
-
2 702
health
-
-
-
260
city
-
-
-
932
national
-
-
-
388
pensions
-
-
-
8 141
total
-
-
-
14 193
Employee
93 322
-
79 212
-
unemployment
-
-
-
-
pensions
7 840
-
6 654
-
national
442
-
329
-
regional
3 056
-
2 292
-
city
1 002
-
850
-
health
211
-
178
-
total
12 551
-
10 303
-
Employer
93 322
-
79 212
-
health
211
-
178
-
pensions
7 840
-
6 654
-
unemployment
-
-
-
-
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.

1 866
-
1 583
-
total
9 917
-
8 415
-
Corporate
-
88 500
-
-
regional
-
18 718
-
-
national
-
7 523
-
-
total
-
26 241
-
-
Dividends
-
62 259
-
-
withholding
-
21 790
-
-
total
-
21 790
-
-
Income
88 500
88 500
88 500
88 500
Total tax
22 468
48 031
18 718
14 193
After tax
66 032
40 469
69 782
74 307
Living cost
79 745
79 745
79 745
79 745
Free-cash
-13 713
-39 276
-9 963
-5 438

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2200
₽18251
₽11092
₽14106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
16 401
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.

-
-
-
903
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.

-
-
-
6 871
trade
-
-
-
7 159
total
-
-
-
31 334
Employee

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

60 444
-
88 500
-
surtax

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

391
-
903
-
income

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

7 108
-
16 401
-
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.

6 871
-
6 871
-
total
14 370
-
24 175
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 056
88 500
-
-
income
4 208
13 274
-
-
surtax

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

231
731
-
-
chamber of commerce
193
277
-
-
trade
4 812
15 177
-
-
total
9 444
29 459
-
-
Dividends
18 613
59 041
-
-
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.

235
790
-
-
withholding
4 271
14 377
-
-
total
4 506
15 167
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 320
44 626
24 175
31 334
After tax
60 180
43 874
64 325
57 166
Living cost
46 074
46 074
46 074
46 074
Free-cash
14 106
-2 200
18 251
11 092

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10195
₽16833
₽16898
₽16133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 721
other
-
-
-
2 743
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
975
pensions
-
-
-
24 232
total
-
-
-
37 192
Employee
43 044
-
67 441
-
pensions
4 867
-
7 627
-
surtax
-
-
-
-
social contributions
1 227
-
1 922
-
income
2 540
-
6 649
-
total
8 634
-
16 198
-
Employer
43 044
-
67 441
-
health
3 014
-
4 720
-
pensions
7 071
-
11 079
-
unemployment
1 743
-
2 731
-
social contributions
130
-
202
-
other
1 485
-
2 327
-
total
13 443
-
21 059
-
Corporate
32 013
88 500
-
-
income
8 965
24 779
-
-
surtax
-
-
-
-
total
8 965
24 779
-
-
Dividends
23 049
63 721
-
-
surtax
-
-
-
-
social contributions
3 964
10 961
-
-
withholding
2 951
8 155
-
-
total
6 915
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 957
43 895
37 257
37 192
After tax
50 543
44 605
51 243
51 308
Living cost
34 410
34 410
34 410
34 410
Free-cash
16 133
10 195
16 833
16 898

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13604
₽20242
₽20307
₽19189
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 721
other
-
-
-
2 743
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
975
pensions
-
-
-
24 232
total
-
-
-
37 192
Employee
38 423
-
67 441
-
pensions
4 346
-
7 627
-
surtax
-
-
-
-
social contributions
1 096
-
1 922
-
income
1 981
-
6 649
-
total
7 423
-
16 198
-
Employer
38 423
-
67 441
-
health
2 689
-
4 720
-
pensions
6 314
-
11 079
-
unemployment
1 556
-
2 731
-
social contributions
115
-
202
-
other
1 326
-
2 327
-
total
12 000
-
21 059
-
Corporate
38 077
88 500
-
-
income
10 661
24 779
-
-
surtax
-
-
-
-
total
10 661
24 779
-
-
Dividends
27 416
63 721
-
-
surtax
-
-
-
-
social contributions
4 716
10 961
-
-
withholding
3 510
8 155
-
-
total
8 226
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 310
43 895
37 257
37 192
After tax
50 190
44 605
51 243
51 308
Living cost
31 001
31 001
31 001
31 001
Free-cash
19 189
13 604
20 242
20 307

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32666
₽36286
₽35508
₽33186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 274
social contributions
-
-
-
12 213
health
-
-
-
6 178
total
-
-
-
31 665
Employee
34 101
-
88 500
-
social contributions
4 707
-
12 213
-
income
5 688
-
12 496
-
health
2 380
-
6 178
-
total
12 775
-
30 887
-
Employer
34 101
-
88 500
-
total
-
-
-
-
Corporate
54 399
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%.

2 720
4 424
-
-
total
2 720
4 424
-
-
Dividends
51 679
84 076
-
-
social contributions
7 132
11 602
-
-
withholding
7 753
12 612
-
-
health
3 607
5 869
-
-
total
18 492
30 083
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 987
34 507
30 887
31 665
After tax
54 513
53 993
57 613
56 835
Living cost
21 327
21 327
21 327
21 327
Free-cash
33 186
32 666
36 286
35 508

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14378
-₽6444
₽10364
₽12818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 835
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
353
health
-
-
-
6 770
pensions
-
-
-
16 372
total
-
-
-
42 697
Employee
50 263
40 080
68 567
-
other
502
401
685
-
unemployment
1 508
1 202
2 057
-
pensions
5 147
4 103
7 022
-
income
5 722
2 956
10 969
-
health
1 945
1 552
2 653
-
total
14 824
10 214
23 386
-
Employer
50 263
40 080
68 567
-
chamber of commerce
200
160
275
-
health
1 899
1 515
2 592
-
pensions
6 308
5 031
8 606
-
accident
653
521
891
-
unemployment
1 508
1 202
2 057
-
surtax
198
198
198
-
payroll
1 508
1 202
2 057
-
other
2 388
1 903
3 256
-
total
14 662
11 732
19 932
-
Corporate
23 575
36 685
64 749
-
income

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

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

5 894
9 171
16 187
-
total
5 894
9 171
16 187
-
Dividends
17 682
27 515
-
-
withholding
4 863
7 566
-
-
total
4 863
7 566
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 243
38 683
59 505
42 697
After tax
48 257
49 817
28 995
45 803
Living cost
35 439
35 439
35 439
35 439
Free-cash
12 818
14 378
-6 444
10 364

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13009
-₽1446
₽6274
-₽4384
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 521
social contributions
-
-
-
13 154
national
-
-
-
27 880
total
-
-
-
45 555
Employee

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

71 942
-
68 548
-
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.

626
-
595
-
communal

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

3 752
-
3 575
-
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.

5 396
-
5 142
-
national
22 118
-
20 789
-
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.

3 380
-
3 222
-
total
35 272
-
33 323
-
Employer

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

71 942
-
68 548
-
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.

4 424
-
4 216
-
pensions

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

6 375
-
6 073
-
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.

935
-
891
-
unemployment

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

1 050
-
1 000
-
surtax
8 157
-
7 772
-
total
20 941
-
19 952
-
Corporate
-
88 500
-
-
income
-
17 700
-
-
surtax
-
353
-
-
total
-
18 053
-
-
Dividends
-
70 447
-
-
withholding

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

-
20 767
-
-
total
-
20 767
-
-
Income
88 500
88 500
88 500
88 500
Total tax
56 213
38 820
53 275
45 555
After tax
32 287
49 680
35 225
42 945
Living cost
36 671
36 671
36 671
36 671
Free-cash
-4 384
13 009
-1 446
6 274

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
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.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23336
₽11171
₽10544
₽15322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
796
income
-
-
-
15 085
other
-
-
-
88
unemployment
-
-
-
620
pensions
-
-
-
25 045
total
-
-
-
41 634
Employee
50 064
-
67 107
-
other
50
-
67
-
unemployment
777
-
1 040
-
pensions
2 353
-
3 155
-
income
10 563
-
15 352
-
total
13 743
-
19 614
-
Employer
50 064
-
67 107
-
pensions
11 814
-
15 838
-
accident
991
-
1 328
-
unemployment
2 754
-
3 691
-
other
399
-
536
-
total
15 958
-
21 393
-
Corporate
22 479
88 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

3 372
13 274
-
-
total
3 372
13 274
-
-
Dividends
19 106
75 226
-
-
withholding
3 783
15 568
-
-
total
3 783
15 568
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 856
28 842
41 007
41 634
After tax
51 644
59 658
47 493
46 866
Living cost
36 322
36 322
36 322
36 322
Free-cash
15 322
23 336
11 171
10 544

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽152
₽1644
-₽2656
-₽6437
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
5 594
accident
-
-
-
746
income
-
-
-
6 289
surtax
-
-
-
4 388
health
-
-
-
6 218
pensions
-
-
-
13 265
total
-
-
-
36 500
Employee
76 164
-
79 051
-
pensions
6 092
-
6 323
-
surtax
4 668
-
4 844
-
income
7 357
-
8 067
-
health
3 390
-
3 519
-
total
21 507
-
22 753
-
Employer
76 164
-
79 051
-
health
2 323
-
2 412
-
pensions
6 092
-
6 323
-
accident
685
-
712
-
total
9 100
-
9 447
-
Corporate
3 235
88 500
-
-
communal
-
5 974
-
-
income
485
13 274
-
-
surtax
34
929
-
-
total
519
20 177
-
-
Dividends
2 716
68 322
-
-
income
8 748
3 570
-
-
withholding
407
10 249
-
-
total
9 155
13 819
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 281
33 996
32 200
36 500
After tax
48 219
54 504
56 300
52 000
Living cost
54 656
54 656
54 656
54 656
Free-cash
-6 437
-152
1 644
-2 656

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33076
₽22482
₽24181
₽29876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 771
other
-
-
-
-
surtax
-
-
-
1 746
unemployment
-
-
-
229
health
-
-
-
6 283
pensions
-
-
-
17 700
total
-
-
-
41 729
Employee
33 870
-
73 111
-
other
-
-
-
-
unemployment
2 357
-
5 088
-
pensions
2 260
-
4 876
-
surtax
120
-
1 552
-
income
5 678
-
14 658
-
health
865
-
1 865
-
total
11 280
-
28 039
-
Employer
33 870
-
73 111
-
health
1 540
-
3 327
-
pensions
4 516
-
9 745
-
unemployment
1 075
-
2 317
-
other
-
-
-
-
total
7 131
-
15 389
-
Corporate
47 499
88 500
-
-
income
12 351
23 010
-
-
total
12 351
23 010
-
-
Dividends
35 149
65 490
-
-
withholding
5 272
9 824
-
-
total
5 272
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 034
32 834
43 428
41 729
After tax
52 466
55 666
45 072
46 771
Living cost
22 590
22 590
22 590
22 590
Free-cash
29 876
33 076
22 482
24 181

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19424
₽14637
₽18827
₽17191
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
regional
-
-
-
1 335
municipal
-
-
-
527
national
-
-
-
17 956
total
-
-
-
42 580
Employee
55 790
-
88 500
-
municipal
296
-
470
-
national
8 839
-
15 267
-
regional
751
-
1 190
-
social contributions
18 813
-
29 843
-
total
28 699
-
46 770
-
Employer
55 790
-
88 500
-
total
-
-
-
-
Corporate
32 710
88 500
-
-
municipal
1 626
4 399
-
-
nationa
7 850
21 241
-
-
total
9 476
25 640
-
-
Dividends
23 234
62 860
-
-
withholding
6 041
16 343
-
-
total
6 041
16 343
-
-
Income
88 500
88 500
88 500
88 500
Total tax
44 216
41 983
46 770
42 580
After tax
44 284
46 517
41 730
45 920
Living cost
27 093
27 093
27 093
27 093
Free-cash
17 191
19 424
14 637
18 827

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30134
₽14113
₽12306
₽19147
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 607
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
health
-
-
-
11 947
total
-
-
-
45 396
Employee
45 291
-
66 045
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 293
-
income
5 435
-
7 925
-
health
6 114
-
8 916
-
total
14 493
-
21 134
-
Employer
45 291
-
66 045
-
health
4 076
-
5 944
-
social contributions
11 323
-
16 511
-
total
15 399
-
22 455
-
Corporate
27 810
88 500
-
-
income
5 284
16 815
-
-
total
5 284
16 815
-
-
Dividends
22 526
71 685
-
-
withholding
3 379
10 753
-
-
total
3 379
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 555
27 568
43 589
45 396
After tax
49 945
60 932
44 911
43 104
Living cost
30 798
30 798
30 798
30 798
Free-cash
19 147
30 134
14 113
12 306

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17837
-₽3050
₽13914
₽17336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 835
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
353
health
-
-
-
6 770
pensions
-
-
-
16 372
total
-
-
-
42 499
Employee
43 964
40 080
68 723
-
other
439
401
687
-
unemployment
1 319
1 202
2 061
-
pensions
4 502
4 103
7 037
-
income
3 916
2 956
11 015
-
health
1 701
1 552
2 659
-
total
11 877
10 214
23 459
-
Employer
43 964
40 080
68 723
-
chamber of commerce
176
160
275
-
health
1 662
1 515
2 598
-
pensions
5 518
5 031
8 625
-
accident
571
521
893
-
unemployment
1 319
1 202
2 061
-
surtax
-
-
-
-
payroll
1 319
1 202
2 061
-
other
2 088
1 903
3 264
-
total
12 653
11 534
19 777
-
Corporate
31 884
36 884
64 906
-
income

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

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

7 970
9 220
16 227
-
total
7 970
9 220
16 227
-
Dividends
23 914
27 664
-
-
withholding
6 577
7 608
-
-
total
6 577
7 608
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 077
38 576
59 463
42 499
After tax
49 423
49 924
29 037
46 001
Living cost
32 087
32 087
32 087
32 087
Free-cash
17 336
17 837
-3 050
13 914

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71391
₽58116
₽74931
₽69013
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
15 855
-
88 500
-
income
3 171
-
17 700
-
total
3 171
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

72 645
88 500
-
-
total
-
-
-
-
Dividends
72 645
88 500
-
-
withholding
3 632
4 425
-
-
total
3 632
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 803
4 425
17 700
885
After tax
81 697
84 075
70 800
87 615
Living cost
12 684
12 684
12 684
12 684
Free-cash
69 013
71 391
58 116
74 931

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33956
₽16804
₽19340
₽25544
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
17 179
unemployment
-
-
-
134
health
-
-
-
8 709
pensions
-
-
-
16 162
total
-
-
-
42 184
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
76 577
-
unemployment
63
-
107
-
pensions
6 894
-
11 870
-
income
7 670
-
15 873
-
health
2 872
-
4 947
-
total
17 499
-
32 797
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

44 474
-
76 577
-
health
2 962
-
5 100
-
pensions
3 936
-
6 777
-
unemployment
27
-
46
-
total
6 925
-
11 923
-
Corporate
37 101
88 500
-
-
income
7 048
16 815
-
-
total
7 048
16 815
-
-
Dividends
30 053
71 685
-
-
withholding
4 508
10 753
-
-
total
4 508
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 980
27 568
44 720
42 184
After tax
52 520
60 932
43 780
46 316
Living cost
26 976
26 976
26 976
26 976
Free-cash
25 544
33 956
16 804
19 340

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9840
₽31081
₽17158
-₽63557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 250
social contributions
-
-
-
10 089
total
-
-
-
27 339
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
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
108 054
34 657
13 416
27 339
After tax
-19 554
53 843
75 084
61 161
Living cost
44 003
44 003
44 003
44 003
Free-cash
-63 557
9 840
31 081
17 158

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18791
₽14292
₽18321
₽17778
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 879
surtax
-
-
-
-
social contributions

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

-
-
-
30 753
total
-
-
-
38 632
Employee
46 257
-
71 515
-
surtax
-
-
-
-
social contributions
5 088
-
7 867
-
income
9 622
-
17 809
-
total
14 710
-
25 676
-
Employer
46 257
-
71 515
-
social contributions
10 986
-
16 985
-
total
10 986
-
16 985
-
Corporate
31 258
88 500
-
-
income
6 564
18 586
-
-
surtax
-
-
-
-
total
6 564
18 586
-
-
Dividends
24 694
69 914
-
-
withholding
6 915
19 576
-
-
total
6 915
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 175
38 162
42 661
38 632
After tax
49 325
50 338
45 839
49 868
Living cost
31 547
31 547
31 547
31 547
Free-cash
17 778
18 791
14 292
18 321

Estimated living cost  is ₽31547 per week

₽23604
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.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3971
₽2667
₽2732
₽2942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 721
other
-
-
-
2 743
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
975
pensions
-
-
-
24 232
total
-
-
-
37 192
Employee
62 992
-
67 441
-
pensions
7 125
-
7 627
-
surtax
-
-
-
-
social contributions
1 794
-
1 922
-
income
5 496
-
6 649
-
total
14 415
-
16 198
-
Employer
62 992
-
67 441
-
health
4 409
-
4 720
-
pensions
10 350
-
11 079
-
unemployment
2 552
-
2 731
-
social contributions
189
-
202
-
other
2 174
-
2 327
-
total
19 674
-
21 059
-
Corporate
5 834
88 500
-
-
income
1 634
24 779
-
-
surtax
-
-
-
-
total
1 634
24 779
-
-
Dividends
4 201
63 721
-
-
surtax
-
-
-
-
social contributions
721
10 961
-
-
withholding
538
8 155
-
-
total
1 259
19 116
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 982
43 895
37 257
37 192
After tax
51 518
44 605
51 243
51 308
Living cost
48 576
48 576
48 576
48 576
Free-cash
2 942
-3 971
2 667
2 732

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49418
₽40121
₽37638
₽46040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
1 160
social contributions
-
-
-
19 470
total
-
-
-
20 630
Employee
32 334
-
76 623
-
income
-
-
1 292
-
social contributions
2 101
-
4 980
-
total
2 101
-
6 272
-
Employer
32 334
-
76 623
-
social contributions
5 012
-
11 875
-
total
5 012
-
11 875
-
Corporate
51 154
88 500
-
-
income
5 115
8 850
-
-
total
5 115
8 850
-
-
Dividends
46 039
79 650
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
12 228
8 850
18 147
20 630
After tax
76 272
79 650
70 353
67 870
Living cost
30 232
30 232
30 232
30 232
Free-cash
46 040
49 418
40 121
37 638

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽130526
-₽130526
₽7052
-₽130526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
labour market
-
-
-
7 010
municipal
-
-
-
15 950
national
-
-
-
9 203
pensions
-
-
-
871
total
-
-
-
33 034
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
170 612
170 612
170 612
33 034
After tax
-82 112
-82 112
-82 112
55 466
Living cost
48 414
48 414
48 414
48 414
Free-cash
-130 526
-130 526
-130 526
7 052

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14902
₽22808
₽38757
₽3783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
20 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 673
Employee
34 717
-
74 224
-
pensions
3 909
-
7 768
-
income
4 763
-
13 078
-
health
3 975
-
8 499
-
total
12 647
-
29 345
-
Employer
34 717
-
74 224
-
pensions
5 645
-
11 218
-
accident
580
-
1 240
-
unemployment
851
-
1 819
-
total
7 076
-
14 277
-
Corporate
46 707
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.

42 036
79 650
-
-
total
42 036
79 650
-
-
Dividends
4 671
8 850
-
-
withholding
888
1 682
-
-
total
888
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 647
81 332
43 622
27 673
After tax
25 853
7 168
44 878
60 827
Living cost
22 070
22 070
22 070
22 070
Free-cash
3 783
-14 902
22 808
38 757

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21154
₽12830
₽25582
₽17715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
943
municipal
-
-
-
15 761
national
-
-
-
7 601
total
-
-
-
24 305
Employee
52 914
-
74 451
-
municipal
8 667
-
12 165
-
unemployment
794
-
1 117
-
pensions
3 571
-
5 025
-
national
874
-
3 974
-
health
395
-
727
-
total
14 301
-
23 008
-
Employer
52 914
-
74 451
-
health
407
-
573
-
pensions
9 180
-
12 917
-
accident
53
-
74
-
unemployment
344
-
485
-
total
9 984
-
14 049
-
Corporate
25 602
88 500
-
-
income
5 121
17 700
-
-
total
5 121
17 700
-
-
Dividends

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

15 361
53 100
-
-
municipal
2 766
9 558
-
-
national
-
1 475
-
-
total
2 766
11 033
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 172
28 733
37 057
24 305
After tax
56 328
59 767
51 443
64 195
Living cost
38 613
38 613
38 613
38 613
Free-cash
17 715
21 154
12 830
25 582

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41565
₽41052
₽41143
₽36091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 008
social contributions
-
-
-
13 807
health
-
-
-
2 256
total
-
-
-
24 071
Employee
77 337
77 337
80 345
-
social contributions
2 924
6 419
6 669
-
income
8 421
7 159
7 970
-
health
599
1 315
1 367
-
total
11 944
14 893
16 006
-
Employer
77 337
77 337
80 345
-
health
651
1 431
1 487
-
social contributions
2 924
6 419
6 669
-
total
3 575
7 850
8 156
-
Corporate
49 695
3 313
-
-
income
6 212
414
-
-
total
6 212
414
-
-
Dividends
43 483
2 899
-
-
withholding
7 392
492
-
-
total
7 392
492
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 123
23 649
24 162
24 071
After tax
59 377
64 851
64 338
64 429
Living cost
23 286
23 286
23 286
23 286
Free-cash
36 091
41 565
41 052
41 143

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57318
₽38659
₽54193
₽52202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 272
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
18 339
Employee

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

23 085
-
80 236
-
unemployment
115
-
401
-
pensions
3 462
-
12 036
-
income
1 578
-
6 352
-
health
1 962
-
6 819
-
total
7 117
-
25 608
-
Employer

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

23 085
-
80 236
-
health
992
-
3 451
-
pensions
1 269
-
4 413
-
unemployment
115
-
401
-
total
2 376
-
8 265
-
Corporate
63 038
88 500
-
-
income
5 674
7 965
-
-
total
5 674
7 965
-
-
Dividends
57 364
80 535
-
-
withholding
5 163
7 249
-
-
total
5 163
7 249
-
-
Income
88 500
88 500
88 500
88 500
Total tax
20 330
15 214
33 873
18 339
After tax
68 170
73 286
54 627
70 161
Living cost
15 968
15 968
15 968
15 968
Free-cash
52 202
57 318
38 659
54 193

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32001
₽19836
₽19209
₽26723
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
796
income
-
-
-
15 085
other
-
-
-
88
unemployment
-
-
-
620
pensions
-
-
-
25 045
total
-
-
-
41 634
Employee
37 188
-
67 107
-
other
36
-
67
-
unemployment
576
-
1 040
-
pensions
1 748
-
3 155
-
income
7 170
-
15 352
-
total
9 530
-
19 614
-
Employer
37 188
-
67 107
-
pensions
8 776
-
15 838
-
accident
737
-
1 328
-
unemployment
2 046
-
3 691
-
other
298
-
536
-
total
11 857
-
21 393
-
Corporate
39 455
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.

5 919
13 274
-
-
total
5 919
13 274
-
-
Dividends
33 537
75 226
-
-
withholding
6 814
15 568
-
-
total
6 814
15 568
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 120
28 842
41 007
41 634
After tax
54 380
59 658
47 493
46 866
Living cost
27 657
27 657
27 657
27 657
Free-cash
26 723
32 001
19 836
19 209

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53265
₽54276
₽54415
₽52944
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 661
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
32 126
Employee
2 983
-
86 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
29 586
-
health
149
-
357
-
total
1 024
-
30 657
-
Employer
2 983
-
86 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
84 846
88 500
-
-
income
18 666
19 470
-
-
total
18 666
19 470
-
-
Dividends
66 180
69 030
-
-
withholding
13 236
13 806
-
-
total
13 236
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 597
33 276
32 265
32 126
After tax
54 903
55 224
56 235
56 374
Living cost
1 959
1 959
1 959
1 959
Free-cash
52 944
53 265
54 276
54 415

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46548
₽27967
₽27966
₽41599
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 045
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
43 141
Employee

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

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

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

26 227
-
75 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
15 045
-
health
1 351
-
3 828
-
total
8 835
-
29 836
-
Employer

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

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

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

26 227
-
75 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
57 578
88 500
-
-
income
8 637
13 275
-
-
total
8 637
13 275
-
-
Dividends
48 941
75 225
-
-
withholding
7 341
11 284
-
-
total
7 341
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 508
24 559
43 140
43 141
After tax
58 992
63 941
45 360
45 359
Living cost
17 393
17 393
17 393
17 393
Free-cash
41 599
46 548
27 967
27 966

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23224
₽18725
₽22754
₽22863
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
7 879
surtax
-
-
-
-
social contributions

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

-
-
-
30 753
total
-
-
-
38 632
Employee
39 035
-
71 515
-
surtax
-
-
-
-
social contributions
4 294
-
7 867
-
income
7 627
-
17 809
-
total
11 921
-
25 676
-
Employer
39 035
-
71 515
-
social contributions
9 270
-
16 985
-
total
9 270
-
16 985
-
Corporate
40 195
88 500
-
-
income
8 442
18 586
-
-
surtax
-
-
-
-
total
8 442
18 586
-
-
Dividends
31 753
69 914
-
-
withholding
8 890
19 576
-
-
total
8 890
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 523
38 162
42 661
38 632
After tax
49 977
50 338
45 839
49 868
Living cost
27 114
27 114
27 114
27 114
Free-cash
22 863
23 224
18 725
22 754

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24312
₽12147
₽11520
₽16640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
796
income
-
-
-
15 085
other
-
-
-
88
unemployment
-
-
-
620
pensions
-
-
-
25 045
total
-
-
-
41 634
Employee
48 573
-
67 107
-
other
48
-
67
-
unemployment
752
-
1 040
-
pensions
2 283
-
3 155
-
income
10 145
-
15 352
-
total
13 228
-
19 614
-
Employer
48 573
-
67 107
-
pensions
11 463
-
15 838
-
accident
962
-
1 328
-
unemployment
2 672
-
3 691
-
other
389
-
536
-
total
15 486
-
21 393
-
Corporate
24 441
88 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

3 666
13 274
-
-
total
3 666
13 274
-
-
Dividends
20 774
75 226
-
-
withholding
4 134
15 568
-
-
total
4 134
15 568
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 514
28 842
41 007
41 634
After tax
51 986
59 658
47 493
46 866
Living cost
35 346
35 346
35 346
35 346
Free-cash
16 640
24 312
12 147
11 520

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58343
₽51019
₽48507
₽52205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 275
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
22 668
Employee
22 941
-
81 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
8 160
-
health
1 055
-
1 618
-
total
5 615
-
13 254
-
Employer
22 941
-
81 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
61 058
88 500
-
-
income
6 106
8 850
-
-
total
6 106
8 850
-
-
Dividends
54 953
79 650
-
-
withholding
2 748
3 982
-
-
total
2 748
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 970
12 832
20 156
22 668
After tax
69 530
75 668
68 344
65 832
Living cost
17 325
17 325
17 325
17 325
Free-cash
52 205
58 343
51 019
48 507

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6863
₽25496
₽19507
₽20021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
16 401
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.

-
-
-
903
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.

-
-
-
6 871
trade
-
-
-
5 989
total
-
-
-
30 164
Employee

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

50 042
-
88 500
-
surtax

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

227
-
903
-
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.

4 115
-
16 401
-
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.

6 871
-
6 871
-
total
11 213
-
24 175
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 458
88 500
-
-
income
5 768
13 274
-
-
surtax

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

317
731
-
-
chamber of commerce
210
282
-
-
trade
5 518
12 700
-
-
total
11 813
26 987
-
-
Dividends
26 646
61 512
-
-
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.

345
825
-
-
withholding
6 279
14 996
-
-
total
6 624
15 821
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 650
42 808
24 175
30 164
After tax
58 850
45 692
64 325
58 336
Living cost
38 829
38 829
38 829
38 829
Free-cash
20 021
6 863
25 496
19 507

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4658
₽4813
₽4813
₽6878
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 777
social contributions
-
-
-
7 618
total
-
-
-
26 395
Employee
78 672
-
88 500
-
income
14 845
-
18 777
-
social contributions
6 536
-
7 618
-
total
21 381
-
26 395
-
Employer
78 672
-
88 500
-
total
-
-
-
-
Corporate
9 828
88 500
-
-
income
1 229
11 062
-
-
total
1 229
11 062
-
-
Dividends
8 599
77 438
-
-
withholding
1 720
15 488
-
-
total
1 720
15 488
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 330
26 550
26 395
26 395
After tax
64 170
61 950
62 105
62 105
Living cost
57 292
57 292
57 292
57 292
Free-cash
6 878
4 658
4 813
4 813

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15702
₽28300
₽17285
₽20850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
83 874
-
income
5 006
-
14 439
-
social contributions
4 623
-
4 626
-
total
9 629
-
19 065
-
Employer
46 138
-
83 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
37 740
88 500
-
-
income
13 209
30 975
-
-
total
13 209
30 975
-
-
Dividends
24 530
57 525
-
-
social contributions
3 680
5 314
-
-
total
3 680
5 314
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 141
36 289
23 691
34 706
After tax
57 359
52 211
64 809
53 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
20 850
15 702
28 300
17 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29177
₽18667
₽28630
₽23533
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 440
pensions
-
-
-
6 297
total
-
-
-
22 737
Employee
50 971
-
78 121
-
pensions
3 890
-
7 149
-
income
9 282
-
13 950
-
health
665
-
1 222
-
total
13 837
-
22 321
-
Employer
50 971
-
78 121
-
health
969
-
1 484
-
pensions
5 150
-
8 895
-
total
6 119
-
10 379
-
Corporate
31 411
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.

5 969
16 814
-
-
total
5 969
16 814
-
-
Dividends
25 442
71 686
-
-
withholding
1 909
5 376
-
-
total
1 909
5 376
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 834
22 190
32 700
22 737
After tax
60 666
66 310
55 800
65 763
Living cost
37 133
37 133
37 133
37 133
Free-cash
23 533
29 177
18 667
28 630

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
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.
₽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

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
-₽17087
₽20623
₽36572
₽3448
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
257
income
-
-
-
20 582
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
27 673
Employee
38 154
-
74 224
-
pensions
4 296
-
7 768
-
income
5 234
-
13 078
-
health
4 368
-
8 499
-
total
13 898
-
29 345
-
Employer
38 154
-
74 224
-
pensions
6 204
-
11 218
-
accident
637
-
1 240
-
unemployment
935
-
1 819
-
total
7 776
-
14 277
-
Corporate
42 571
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.

38 314
79 650
-
-
total
38 314
79 650
-
-
Dividends
4 257
8 850
-
-
withholding
809
1 682
-
-
total
809
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
60 797
81 332
43 622
27 673
After tax
27 703
7 168
44 878
60 827
Living cost
24 255
24 255
24 255
24 255
Free-cash
3 448
-17 087
20 623
36 572

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61636
₽39540
₽37324
₽56744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 250
unemployment
-
-
-
1 062
work injury
-
-
-
442
health insurance
-
-
-
6 549
pensions
-
-
-
16 284
total
-
-
-
37 587
Employee

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

21 742
-
88 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
13 250
-
total
8 153
-
35 371
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 758
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%.

-
-
-
-
total
-
-
-
-
Dividends
66 758
88 500
-
-
withholding
10 014
13 275
-
-
total
10 014
13 275
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 167
13 275
35 371
37 587
After tax
70 333
75 225
53 129
50 913
Living cost
13 589
13 589
13 589
13 589
Free-cash
56 744
61 636
39 540
37 324

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6548
₽1417
₽5467
₽1973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 762
regional
-
-
-
1 656
municipal
-
-
-
592
national
-
-
-
17 956
total
-
-
-
42 966
Employee
84 751
-
88 500
-
municipal
506
-
529
-
national
14 322
-
15 267
-
regional
1 280
-
1 377
-
social contributions
28 577
-
29 843
-
total
44 685
-
47 016
-
Employer
84 751
-
88 500
-
total
-
-
-
-
Corporate
3 749
88 500
-
-
municipal
181
4 266
-
-
nationa
899
21 241
-
-
total
1 080
25 507
-
-
Dividends
2 669
62 994
-
-
withholding
695
16 378
-
-
total
695
16 378
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 460
41 885
47 016
42 966
After tax
42 040
46 615
41 484
45 534
Living cost
40 067
40 067
40 067
40 067
Free-cash
1 973
6 548
1 417
5 467

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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