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
₽14008
₽25247
₽27152
₽33650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 498
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.

-
-
-
16 241
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.

-
-
-
6 941
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.

-
-
-
893
total
-
-
-
30 573
Employee

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

38 861
-
88 500
-
health

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

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

6 941
-
6 941
-
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.

60
-
893
-
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.

1 086
-
16 241
-
total
8 087
-
24 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 639
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.

409
731
-
-
income
7 446
13 275
-
-
trade
7 819
13 938
-
-
chamber of commerce
226
282
-
-
total
15 900
28 226
-
-
Dividends
33 739
60 274
-
-
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.

443
808
-
-
withholding
8 048
14 683
-
-
total
8 491
15 491
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 478
43 717
24 075
30 573
After tax
56 022
44 783
64 425
57 927
Living cost
30 775
30 775
30 775
30 775
Free-cash
25 247
14 008
33 650
27 152

Estimated living cost  is ₽30775 per week

₽19358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3956
₽1814
₽2561
₽3256
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
9 060
pensions
-
-
-
10 620
national
-
-
-
14 040
social contributions
-
-
-
951
total
-
-
-
34 671
Employee
79 474
-
76 507
-
municipal
9 816
-
9 403
-
pensions
3 179
-
3 060
-
national
15 211
-
14 570
-
total
28 206
-
27 033
-
Employer
79 474
-
76 507
-
social contributions
854
-
822
-
pensions
6 358
-
6 121
-
total
7 212
-
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
35 418
33 276
33 976
34 671
After tax
53 082
55 224
54 524
53 829
Living cost
51 268
51 268
51 268
51 268
Free-cash
1 814
3 956
3 256
2 561

Estimated living cost  is ₽51268 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10889
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49662
₽41327
₽26255
₽28893
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
12 654
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
total
-
-
-
41 107
Employee
29 689
-
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.

3 266
-
7 846
-
surtax
-
-
-
-
income
5 285
-
13 442
-
total
8 551
-
21 288
-
Employer
29 689
-
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.

7 151
-
17 181
-
surtax
-
-
-
-
total
7 151
-
17 181
-
Corporate
51 659
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%.

10 333
17 700
-
-
total
10 333
17 700
-
-
Dividends

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

41 327
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
26 035
17 700
38 469
41 107
After tax
62 465
70 800
50 031
47 393
Living cost
21 138
21 138
21 138
21 138
Free-cash
41 327
49 662
28 893
26 255

Estimated living cost  is ₽21138 per week

₽13485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6691
-₽12395
₽7745
-₽12395
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
pensions
-
-
-
11 904
health
-
-
-
11 426
total
-
-
-
38 192
Employee
86 765
86 765
86 765
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 904
15 618
-
total
43 138
37 434
43 138
-
Employer
86 765
86 765
86 765
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
58 332
52 628
58 332
38 192
After tax
30 168
35 872
30 168
50 308
Living cost
42 563
42 563
42 563
42 563
Free-cash
-12 395
-6 691
-12 395
7 745

Estimated living cost  is ₽42563 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9168
₽8288
₽5510
₽8107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
18 978
accident
-
-
-
172
pensions
-
-
-
9 276
other
-
-
-
9 971
unemployment
-
-
-
86
health
-
-
-
5 354
national
-
-
-
-
total
-
-
-
43 837
Employee
55 789
-
67 341
-
municipal
16 636
-
20 081
-
national
-
-
-
-
total
16 636
-
20 081
-
Employer
55 789
-
67 341
-
accident
112
-
135
-
other
6 483
-
7 825
-
unemployment
1 473
-
1 778
-
pensions
6 031
-
7 280
-
health
3 431
-
4 141
-
total
17 530
-
21 159
-
Corporate
15 182
88 500
-
-
income
3 340
19 470
-
-
total
3 340
19 470
-
-
Dividends
11 842
69 030
-
-
withholding
3 553
20 709
-
-
total
3 553
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 059
40 179
41 240
43 837
After tax
47 441
48 321
47 260
44 663
Living cost
39 153
39 153
39 153
39 153
Free-cash
8 288
9 168
8 107
5 510

Estimated living cost  is ₽39153 per week

₽25949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8767
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4417
₽18693
₽17724
₽24511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
6 787
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.

-
-
-
16 241
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.

-
-
-
6 941
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.

-
-
-
893
total
-
-
-
30 862
Employee

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

51 525
-
88 500
-
health

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

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

6 941
-
6 941
-
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.

243
-
893
-
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.

4 427
-
16 241
-
total
11 611
-
24 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 975
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.

305
731
-
-
income
5 545
13 275
-
-
trade
6 083
14 557
-
-
chamber of commerce
206
280
-
-
total
12 139
28 843
-
-
Dividends
24 835
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.

320
798
-
-
withholding
5 823
14 528
-
-
total
6 143
15 326
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 893
44 169
24 075
30 862
After tax
58 607
44 331
64 425
57 638
Living cost
39 914
39 914
39 914
39 914
Free-cash
18 693
4 417
24 511
17 724

Estimated living cost  is ₽39914 per week

₽26695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31904
₽27689
₽31615
₽31525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 869
health
-
-
-
2 256
social contributions
-
-
-
13 805
total
-
-
-
23 930
Employee
78 128
78 128
80 344
-
social contributions
3 796
6 484
6 669
-
health
777
1 328
1 365
-
income
8 204
7 232
7 830
-
total
12 777
15 044
15 864
-
Employer
78 128
78 128
80 344
-
social contributions
3 796
6 484
6 669
-
health
846
1 446
1 487
-
total
4 642
7 930
8 156
-
Corporate
38 124
2 441
-
-
income
4 766
305
-
-
total
4 766
305
-
-
Dividends
33 358
2 137
-
-
withholding
5 671
362
-
-
total
5 671
362
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 856
23 641
24 020
23 930
After tax
60 644
64 859
64 480
64 570
Living cost
32 955
32 955
32 955
32 955
Free-cash
27 689
31 904
31 525
31 615

Estimated living cost  is ₽32955 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31499
₽31880
₽42904
₽32900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
8 850
unemployment
-
-
-
1 328
health
-
-
-
6 195
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.

26 567
10 573
74 059
-
health
1 860
740
5 184
-
income
3 248
1 293
9 054
-
pensions
2 657
1 057
7 406
-
unemployment
399
159
1 111
-
total
8 164
3 249
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.

26 567
10 573
74 059
-
pensions
5 181
2 062
14 441
-
total
5 181
2 062
14 441
-
Corporate
56 753
75 865
-
-
income
5 108
6 828
-
-
total
5 108
6 828
-
-
Dividends
51 645
69 037
-
-
social contributions
9 950
13 341
-
-
withholding
9 813
13 117
-
-
total
19 763
26 458
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 216
38 597
37 196
27 192
After tax
50 284
49 903
51 304
61 308
Living cost
18 404
18 404
18 404
18 404
Free-cash
31 880
31 499
32 900
42 904

Estimated living cost  is ₽18404 per week

₽12559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46259
₽39946
₽22894
₽26468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 860
pensions
-
-
-
17 700
health
-
-
-
11 505
total
-
-
-
41 065
Employee
28 823
-
66 143
-
income
3 245
-
12 753
-
pensions
577
-
1 323
-
unemployment
461
-
1 059
-
total
4 283
-
15 135
-
Employer
28 823
-
66 143
-
unemployment
231
-
528
-
pensions
5 765
-
13 229
-
health
3 746
-
8 599
-
total
9 742
-
22 356
-
Corporate
49 934
88 500
-
-
income
9 988
17 700
-
-
total
9 988
17 700
-
-
Dividends
39 946
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 013
17 700
37 491
41 065
After tax
64 487
70 800
51 009
47 435
Living cost
24 541
24 541
24 541
24 541
Free-cash
39 946
46 259
26 468
22 894

Estimated living cost  is ₽24541 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15025
₽3764
₽38627
₽22745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
20 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
27 680
Employee
34 910
-
74 324
-
health
3 997
-
8 510
-
income
4 789
-
13 180
-
pensions
3 931
-
7 696
-
total
12 717
-
29 386
-
Employer
34 910
-
74 324
-
accident
583
-
1 241
-
unemployment
855
-
1 821
-
pensions
5 677
-
11 114
-
total
7 115
-
14 176
-
Corporate
46 475
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.

41 828
79 650
-
-
total
41 828
79 650
-
-
Dividends
4 647
8 850
-
-
withholding
883
1 682
-
-
total
883
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 543
81 332
43 562
27 680
After tax
25 957
7 168
44 938
60 820
Living cost
22 193
22 193
22 193
22 193
Free-cash
3 764
-15 025
22 745
38 627

Estimated living cost  is ₽22193 per week

₽16265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4235
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74814
₽73078
₽78354
₽61539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 576
-
88 500
-
income
2 315
-
17 700
-
total
2 315
-
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%.

76 924
88 500
-
-
total
-
-
-
-
Dividends
76 924
88 500
-
-
withholding
3 846
4 425
-
-
total
3 846
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 161
4 425
17 700
885
After tax
82 339
84 075
70 800
87 615
Living cost
9 261
9 261
9 261
9 261
Free-cash
73 078
74 814
61 539
78 354

Estimated living cost  is ₽9261 per week

₽5739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37948
₽31086
₽20848
₽24802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 241
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.

-
-
-
21 240
other
-
-
-
4 203
health
-
-
-
3 895
total
-
-
-
40 579
Employee
36 891
-
70 686
-
health
517
-
989
-
income
6 351
-
12 168
-
pensions

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

2 582
-
4 948
-
unemployment
368
-
708
-
total
9 818
-
18 813
-
Employer
36 891
-
70 686
-
accident
295
-
565
-
other
1 845
-
3 534
-
unemployment
368
-
708
-
pensions

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

6 272
-
12 016
-
health
517
-
989
-
total
9 297
-
17 812
-
Corporate
42 311
88 500
-
-
income
8 885
18 585
-
-
total
8 885
18 585
-
-
Dividends
33 427
69 915
-
-
withholding
2 341
4 894
-
-
total
2 341
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 341
23 479
36 625
40 579
After tax
58 159
65 021
51 875
47 921
Living cost
27 073
27 073
27 073
27 073
Free-cash
31 086
37 948
24 802
20 848

Estimated living cost  is ₽27073 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2100
-₽21554
-₽2616
-₽12538
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 449
pensions
-
-
-
6 258
total
-
-
-
22 707
Employee
96 788
-
78 158
-
health
1 595
-
1 214
-
income
17 447
-
13 969
-
pensions
9 337
-
7 103
-
total
28 379
-
22 286
-
Employer
96 788
-
78 158
-
pensions
11 428
-
8 858
-
health
1 838
-
1 485
-
total
13 266
-
10 343
-
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
-
5 377
-
-
total
-
5 377
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 645
22 191
32 629
22 707
After tax
46 855
66 309
55 871
65 793
Living cost
68 409
68 409
68 409
68 409
Free-cash
-21 554
-2 100
-12 538
-2 616

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62346
₽57626
₽52426
₽54923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
22 752
Employee
17 641
-
81 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
8 153
-
pensions

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

1 549
-
3 116
-
total
4 318
-
13 292
-
Employer
17 641
-
81 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
67 398
88 500
-
-
income
6 740
8 850
-
-
total
6 740
8 850
-
-
Dividends
60 658
79 650
-
-
withholding
3 033
3 982
-
-
total
3 033
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 552
12 832
20 255
22 752
After tax
70 948
75 668
68 245
65 748
Living cost
13 322
13 322
13 322
13 322
Free-cash
57 626
62 346
54 923
52 426

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽20469
-₽22193
-₽6033
-₽26173
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 862
pensions
-
-
-
11 904
health
-
-
-
11 426
total
-
-
-
38 192
Employee
94 199
86 765
86 765
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 904
11 904
15 618
-
total
37 858
37 434
43 138
-
Employer
94 199
86 765
86 765
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
54 352
52 628
58 332
38 192
After tax
34 148
35 872
30 168
50 308
Living cost
56 341
56 341
56 341
56 341
Free-cash
-22 193
-20 469
-26 173
-6 033

Estimated living cost  is ₽56341 per week

₽41561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36658
₽27998
₽18829
₽20637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 948
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 842
total
-
-
-
45 397
Employee
35 697
-
66 045
-
social contributions
2 320
-
4 293
-
health
4 819
-
8 916
-
solidarity contribution
-
-
-
-
income
4 284
-
7 925
-
total
11 423
-
21 134
-
Employer
35 697
-
66 045
-
social contributions
8 924
-
16 511
-
health
3 213
-
5 944
-
total
12 137
-
22 455
-
Corporate
40 666
88 500
-
-
income
7 727
16 815
-
-
total
7 727
16 815
-
-
Dividends
32 940
71 685
-
-
withholding
4 941
10 753
-
-
total
4 941
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 228
27 568
43 589
45 397
After tax
52 272
60 932
44 911
43 103
Living cost
24 274
24 274
24 274
24 274
Free-cash
27 998
36 658
20 637
18 829

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4346
-₽1799
₽3501
-₽713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
526
regional
-
-
-
954
national
-
-
-
17 885
social contributions
-
-
-
22 761
total
-
-
-
42 126
Employee
90 299
-
88 500
-
social contributions
30 449
-
29 842
-
regional
852
-
833
-
municipal
478
-
469
-
national
15 647
-
15 196
-
total
47 426
-
46 340
-
Employer
90 299
-
88 500
-
total
-
-
-
-
Corporate
-
88 500
-
-
nationa
-
21 240
-
-
municipal
-
3 451
-
-
total
-
24 691
-
-
Dividends
-
63 808
-
-
withholding
-
16 590
-
-
total
-
16 590
-
-
Income
88 500
88 500
88 500
88 500
Total tax
47 426
41 281
46 340
42 126
After tax
41 074
47 219
42 160
46 374
Living cost
42 873
42 873
42 873
42 873
Free-cash
-1 799
4 346
-713
3 501

Estimated living cost  is ₽42873 per week

₽29886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33246
₽30087
₽24455
₽22758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 687
pensions
-
-
-
17 700
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 284
surtax
-
-
-
1 722
total
-
-
-
41 624
Employee
33 600
-
73 110
-
other
-
-
-
-
health
858
-
1 864
-
surtax
110
-
1 527
-
income
5 632
-
14 577
-
pensions
2 240
-
4 876
-
unemployment
2 339
-
5 088
-
total
11 179
-
27 932
-
Employer
33 600
-
73 110
-
other
-
-
-
-
unemployment
1 064
-
2 318
-
pensions
4 479
-
9 745
-
health
1 529
-
3 326
-
total
7 072
-
15 389
-
Corporate
47 828
88 500
-
-
income
12 434
23 010
-
-
total
12 434
23 010
-
-
Dividends
35 393
65 490
-
-
withholding
5 308
9 824
-
-
total
5 308
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 993
32 834
43 321
41 624
After tax
52 507
55 666
45 179
46 876
Living cost
22 420
22 420
22 420
22 420
Free-cash
30 087
33 246
22 758
24 455

Estimated living cost  is ₽22420 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19574
₽11524
₽19058
₽9136
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 449
pensions
-
-
-
6 258
total
-
-
-
22 707
Employee
64 865
-
78 158
-
health
942
-
1 214
-
income
11 682
-
13 969
-
pensions
5 506
-
7 103
-
total
18 130
-
22 286
-
Employer
64 865
-
78 158
-
pensions
7 022
-
8 858
-
health
1 232
-
1 485
-
total
8 254
-
10 343
-
Corporate
15 381
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.

2 922
16 814
-
-
total
2 922
16 814
-
-
Dividends
12 459
71 686
-
-
withholding
935
5 377
-
-
total
935
5 377
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 241
22 191
32 629
22 707
After tax
58 259
66 309
55 871
65 793
Living cost
46 735
46 735
46 735
46 735
Free-cash
11 524
19 574
9 136
19 058

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
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.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽37146
-₽10982
-₽3367
-₽7895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
933
pensions
-
-
-
8 143
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
-
-
-
2 755
health
-
-
-
253
national
-
-
-
398
total
-
-
-
14 252
Employee
90 829
-
79 213
-
city
975
-
851
-
regional
2 974
-
2 344
-
health
205
-
177
-
pensions
7 631
-
6 654
-
unemployment
-
-
-
-
national
430
-
338
-
total
12 215
-
10 364
-
Employer
90 829
-
79 213
-
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.

1 816
-
1 585
-
unemployment
-
-
-
-
pensions
7 631
-
6 654
-
health
205
-
177
-
total
9 652
-
8 416
-
Corporate
-
88 500
-
-
regional
-
18 718
-
-
national
-
7 523
-
-
total
-
26 241
-
-
Dividends
-
62 258
-
-
withholding
-
21 790
-
-
total
-
21 790
-
-
Income
88 500
88 500
88 500
88 500
Total tax
21 867
48 031
18 780
14 252
After tax
66 633
40 469
69 720
74 248
Living cost
77 615
77 615
77 615
77 615
Free-cash
-10 982
-37 146
-7 895
-3 367

Estimated living cost  is ₽77615 per week

₽50472
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽2672
₽13804
₽10804
₽17880
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
7 076
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.

-
-
-
16 241
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.

-
-
-
6 941
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.

-
-
-
893
total
-
-
-
31 151
Employee

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

61 062
-
88 500
-
health

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

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

6 941
-
6 941
-
surtax

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

395
-
893
-
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.

7 180
-
16 241
-
total
14 516
-
24 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
27 438
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.

226
731
-
-
income
4 117
13 275
-
-
trade
4 707
15 178
-
-
chamber of commerce
193
280
-
-
total
9 243
29 464
-
-
Dividends
18 197
59 036
-
-
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.

229
791
-
-
withholding
4 163
14 372
-
-
total
4 392
15 163
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 151
44 627
24 075
31 151
After tax
60 349
43 873
64 425
57 349
Living cost
46 545
46 545
46 545
46 545
Free-cash
13 804
-2 672
17 880
10 804

Estimated living cost  is ₽46545 per week

₽33995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
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.
₽8223
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9843
₽15842
₽16575
₽16588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 576
pensions
-
-
-
24 405
other
-
-
-
2 744
health
-
-
-
918
surtax
-
-
-
-
social contributions
-
-
-
2 520
total
-
-
-
37 163
Employee
43 485
-
67 437
-
social contributions
1 240
-
1 922
-
surtax
-
-
-
-
income
2 566
-
6 538
-
pensions
4 917
-
7 628
-
total
8 723
-
16 088
-
Employer
43 485
-
67 437
-
other
1 500
-
2 327
-
social contributions
131
-
202
-
unemployment
1 760
-
2 732
-
pensions
7 144
-
11 081
-
health
3 045
-
4 720
-
total
13 580
-
21 062
-
Corporate
31 435
88 500
-
-
surtax
-
-
-
-
income
8 802
24 780
-
-
total
8 802
24 780
-
-
Dividends
22 634
63 720
-
-
surtax
-
-
-
-
social contributions
3 893
10 959
-
-
withholding
2 898
8 156
-
-
total
6 791
19 115
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 896
43 895
37 150
37 163
After tax
50 604
44 605
51 350
51 337
Living cost
34 762
34 762
34 762
34 762
Free-cash
15 842
9 843
16 588
16 575

Estimated living cost  is ₽34762 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13287
₽18932
₽20019
₽20032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 576
pensions
-
-
-
24 405
other
-
-
-
2 744
health
-
-
-
918
surtax
-
-
-
-
social contributions
-
-
-
2 520
total
-
-
-
37 163
Employee
38 816
-
67 437
-
social contributions
1 107
-
1 922
-
surtax
-
-
-
-
income
2 001
-
6 538
-
pensions
4 390
-
7 628
-
total
7 498
-
16 088
-
Employer
38 816
-
67 437
-
other
1 340
-
2 327
-
social contributions
116
-
202
-
unemployment
1 571
-
2 732
-
pensions
6 378
-
11 081
-
health
2 717
-
4 720
-
total
12 122
-
21 062
-
Corporate
37 562
88 500
-
-
surtax
-
-
-
-
income
10 518
24 780
-
-
total
10 518
24 780
-
-
Dividends
27 044
63 720
-
-
surtax
-
-
-
-
social contributions
4 651
10 959
-
-
withholding
3 461
8 156
-
-
total
8 112
19 115
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 250
43 895
37 150
37 163
After tax
50 250
44 605
51 350
51 337
Living cost
31 318
31 318
31 318
31 318
Free-cash
18 932
13 287
20 032
20 019

Estimated living cost  is ₽31318 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32447
₽32974
₽35289
₽36122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 178
social contributions
-
-
-
12 213
total
-
-
-
31 666
Employee
34 450
-
88 500
-
social contributions
4 755
-
12 213
-
health
2 404
-
6 178
-
income
5 746
-
12 442
-
total
12 905
-
30 833
-
Employer
34 450
-
88 500
-
total
-
-
-
-
Corporate
54 050
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%.

2 703
4 425
-
-
total
2 703
4 425
-
-
Dividends
51 347
84 075
-
-
health
3 584
5 869
-
-
social contributions
7 086
11 602
-
-
withholding
7 703
12 612
-
-
total
18 373
30 083
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 981
34 508
30 833
31 666
After tax
54 519
53 992
57 667
56 834
Living cost
21 545
21 545
21 545
21 545
Free-cash
32 974
32 447
36 122
35 289

Estimated living cost  is ₽21545 per week

₽14418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14029
₽12459
₽10308
-₽6707
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
355
income
-
-
-
12 461
pensions
-
-
-
16 372
unemployment
-
-
-
6 232
health
-
-
-
6 770
surtax
-
-
-
201
total
-
-
-
42 391
Employee
50 777
40 491
68 567
-
other
507
405
686
-
health
1 965
1 568
2 653
-
income
5 781
2 987
10 878
-
pensions
5 200
4 145
7 022
-
unemployment
1 523
1 215
2 057
-
total
14 976
10 320
23 296
-
Employer
50 777
40 491
68 567
-
accident
659
526
891
-
other
2 412
1 922
3 257
-
chamber of commerce
202
162
274
-
unemployment
1 523
1 215
2 057
-
surtax
201
201
201
-
pensions
6 372
5 083
8 605
-
payroll
1 523
1 215
2 057
-
health
1 918
1 531
2 591
-
total
14 810
11 855
19 933
-
Corporate
22 911
36 155
64 711
-
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.

5 728
9 039
16 177
-
total
5 728
9 039
16 177
-
Dividends
17 183
27 116
-
-
withholding
4 726
7 456
-
-
total
4 726
7 456
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 240
38 670
59 406
42 391
After tax
48 260
49 830
29 094
46 109
Living cost
35 801
35 801
35 801
35 801
Free-cash
12 459
14 029
-6 707
10 308

Estimated living cost  is ₽35801 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
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.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12635
-₽5334
₽5990
-₽1760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
27 843
communal

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

-
-
-
4 523
social contributions
-
-
-
13 098
total
-
-
-
45 464
Employee

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

72 678
-
68 544
-
communal

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

3 791
-
3 575
-
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.

3 415
-
3 222
-
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.

5 451
-
5 140
-
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.

632
-
596
-
national
22 344
-
20 726
-
total
35 633
-
33 259
-
Employer

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

72 678
-
68 544
-
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.

945
-
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.

1 060
-
1 001
-
surtax
8 241
-
7 774
-
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.

6 440
-
6 074
-
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.

4 469
-
4 215
-
total
21 155
-
19 955
-
Corporate
-
88 500
-
-
surtax
-
355
-
-
income
-
17 700
-
-
total
-
18 055
-
-
Dividends
-
70 445
-
-
withholding

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

-
20 764
-
-
total
-
20 764
-
-
Income
88 500
88 500
88 500
88 500
Total tax
56 788
38 819
53 214
45 464
After tax
31 712
49 681
35 286
43 036
Living cost
37 046
37 046
37 046
37 046
Free-cash
-5 334
12 635
-1 760
5 990

Estimated living cost  is ₽37046 per week

₽23862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22966
₽14871
₽10209
₽10837
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 048
pensions
-
-
-
25 046
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
41 598
Employee
50 576
-
67 106
-
other
50
-
67
-
income
10 671
-
15 316
-
pensions
2 377
-
3 154
-
unemployment
785
-
1 039
-
total
13 883
-
19 576
-
Employer
50 576
-
67 106
-
accident
1 001
-
1 328
-
other
403
-
538
-
unemployment
2 782
-
3 690
-
pensions
11 935
-
15 838
-
total
16 121
-
21 394
-
Corporate
21 803
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.

3 270
13 275
-
-
total
3 270
13 275
-
-
Dividends
18 533
75 225
-
-
withholding
3 662
15 566
-
-
total
3 662
15 566
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 936
28 841
40 970
41 598
After tax
51 564
59 659
47 530
46 902
Living cost
36 693
36 693
36 693
36 693
Free-cash
14 871
22 966
10 837
10 209

Estimated living cost  is ₽36693 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽684
-₽6996
-₽3111
₽1202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
746
income
-
-
-
6 187
pensions
-
-
-
13 265
health
-
-
-
6 218
surtax
-
-
-
4 386
communal
-
-
-
5 593
total
-
-
-
36 395
Employee
76 944
-
79 052
-
health
3 424
-
3 517
-
surtax
4 716
-
4 845
-
income
7 432
-
7 951
-
pensions
6 155
-
6 324
-
total
21 727
-
22 637
-
Employer
76 944
-
79 052
-
accident
692
-
711
-
pensions
6 155
-
6 324
-
health
2 347
-
2 410
-
total
9 194
-
9 445
-
Corporate
2 363
88 500
-
-
surtax
25
929
-
-
communal
-
5 973
-
-
income
355
13 275
-
-
total
380
20 177
-
-
Dividends
1 983
68 322
-
-
income
8 682
3 543
-
-
withholding
297
10 248
-
-
total
8 979
13 791
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 280
33 968
32 082
36 395
After tax
48 220
54 532
56 418
52 105
Living cost
55 216
55 216
55 216
55 216
Free-cash
-6 996
-684
1 202
-3 111

Estimated living cost  is ₽55216 per week

₽41420
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9864
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32845
₽29614
₽24055
₽22358
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 687
pensions
-
-
-
17 700
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 284
surtax
-
-
-
1 722
total
-
-
-
41 624
Employee
34 217
-
73 110
-
other
-
-
-
-
health
873
-
1 864
-
surtax
121
-
1 527
-
income
5 736
-
14 577
-
pensions
2 283
-
4 876
-
unemployment
2 381
-
5 088
-
total
11 394
-
27 932
-
Employer
34 217
-
73 110
-
other
-
-
-
-
unemployment
1 086
-
2 318
-
pensions
4 562
-
9 745
-
health
1 556
-
3 326
-
total
7 204
-
15 389
-
Corporate
47 080
88 500
-
-
income
12 242
23 010
-
-
total
12 242
23 010
-
-
Dividends
34 838
65 490
-
-
withholding
5 225
9 824
-
-
total
5 225
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 065
32 834
43 321
41 624
After tax
52 435
55 666
45 179
46 876
Living cost
22 821
22 821
22 821
22 821
Free-cash
29 614
32 845
22 358
24 055

Estimated living cost  is ₽22821 per week

₽13778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and 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 of data for Athens model

Close
Naples , Italy
₽19147
₽16893
₽18623
₽14433
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
526
regional
-
-
-
1 335
national
-
-
-
17 885
social contributions
-
-
-
22 761
total
-
-
-
42 507
Employee
56 361
-
88 500
-
social contributions
19 005
-
29 842
-
regional
759
-
1 190
-
municipal
299
-
469
-
national
8 929
-
15 196
-
total
28 992
-
46 697
-
Employer
56 361
-
88 500
-
total
-
-
-
-
Corporate
32 139
88 500
-
-
nationa
7 712
21 240
-
-
municipal
1 596
4 398
-
-
total
9 308
25 638
-
-
Dividends
22 830
62 862
-
-
withholding
5 937
16 345
-
-
total
5 937
16 345
-
-
Income
88 500
88 500
88 500
88 500
Total tax
44 237
41 983
46 697
42 507
After tax
44 263
46 517
41 803
45 993
Living cost
27 370
27 370
27 370
27 370
Free-cash
16 893
19 147
14 433
18 623

Estimated living cost  is ₽27370 per week

₽17021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31020
₽20350
₽13191
₽14999
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 948
solidarity contribution
-
-
-
-
social contributions
-
-
-
25 842
total
-
-
-
45 397
Employee
43 988
-
66 045
-
social contributions
2 859
-
4 293
-
health
5 938
-
8 916
-
solidarity contribution
-
-
-
-
income
5 278
-
7 925
-
total
14 075
-
21 134
-
Employer
43 988
-
66 045
-
social contributions
10 997
-
16 511
-
health
3 959
-
5 944
-
total
14 956
-
22 455
-
Corporate
29 557
88 500
-
-
income
5 616
16 815
-
-
total
5 616
16 815
-
-
Dividends
23 941
71 685
-
-
withholding
3 591
10 753
-
-
total
3 591
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 238
27 568
43 589
45 397
After tax
50 262
60 932
44 911
43 103
Living cost
29 912
29 912
29 912
29 912
Free-cash
20 350
31 020
14 999
13 191

Estimated living cost  is ₽29912 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17524
₽17024
₽13895
-₽3277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
355
income
-
-
-
12 461
pensions
-
-
-
16 372
unemployment
-
-
-
6 232
health
-
-
-
6 770
surtax
-
-
-
-
total
-
-
-
42 190
Employee
44 414
40 491
68 723
-
other
443
405
686
-
health
1 718
1 568
2 659
-
income
3 957
2 987
10 925
-
pensions
4 548
4 145
7 038
-
unemployment
1 332
1 215
2 061
-
total
11 998
10 320
23 369
-
Employer
44 414
40 491
68 723
-
accident
577
526
893
-
other
2 109
1 922
3 264
-
chamber of commerce
177
162
276
-
unemployment
1 332
1 215
2 061
-
surtax
-
-
-
-
pensions
5 574
5 083
8 624
-
payroll
1 332
1 215
2 061
-
health
1 679
1 531
2 597
-
total
12 780
11 654
19 776
-
Corporate
31 305
36 356
64 867
-
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.

7 826
9 089
16 217
-
total
7 826
9 089
16 217
-
Dividends
23 478
27 267
-
-
withholding
6 457
7 498
-
-
total
6 457
7 498
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 061
38 561
59 362
42 190
After tax
49 439
49 939
29 138
46 310
Living cost
32 415
32 415
32 415
32 415
Free-cash
17 024
17 524
-3 277
13 895

Estimated living cost  is ₽32415 per week

₽19445
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.
₽9081
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69643
₽66937
₽73183
₽56368
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
18 040
-
88 500
-
income
3 608
-
17 700
-
total
3 608
-
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%.

70 460
88 500
-
-
total
-
-
-
-
Dividends
70 460
88 500
-
-
withholding
3 523
4 425
-
-
total
3 523
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
7 131
4 425
17 700
885
After tax
81 369
84 075
70 800
87 615
Living cost
14 432
14 432
14 432
14 432
Free-cash
66 937
69 643
56 368
73 183

Estimated living cost  is ₽14432 per week

₽9766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33680
₽25182
₽19109
₽16572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 135
pensions
-
-
-
16 162
unemployment
-
-
-
133
health
-
-
-
8 709
total
-
-
-
42 139
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.

44 929
-
76 576
-
health
2 902
-
4 948
-
income
7 748
-
15 827
-
pensions
6 964
-
11 870
-
unemployment
64
-
108
-
total
17 678
-
32 753
-
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.

44 929
-
76 576
-
unemployment
27
-
46
-
pensions
3 976
-
6 777
-
health
2 992
-
5 100
-
total
6 995
-
11 923
-
Corporate
36 575
88 500
-
-
income
6 949
16 815
-
-
total
6 949
16 815
-
-
Dividends
29 626
71 685
-
-
withholding
4 444
10 753
-
-
total
4 444
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 066
27 568
44 676
42 139
After tax
52 434
60 932
43 824
46 361
Living cost
27 252
27 252
27 252
27 252
Free-cash
25 182
33 680
16 572
19 109

Estimated living cost  is ₽27252 per week

₽18703
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9943
-₽63202
₽17261
₽31215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
62 947
-
-
-
social contributions
5 162
-
736
-
income
13 885
-
-
-
total
19 047
-
736
-
Employer
62 947
-
-
-
social contributions
88 755
-
12 649
-
total
88 755
-
12 649
-
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
107 802
34 657
13 385
27 339
After tax
-19 302
53 843
75 115
61 161
Living cost
43 900
43 900
43 900
43 900
Free-cash
-63 202
9 943
31 215
17 261

Estimated living cost  is ₽43900 per week

₽28484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
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.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18469
₽17445
₽18020
₽14028
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 856
surtax
-
-
-
-
social contributions

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

-
-
-
30 754
total
-
-
-
38 610
Employee
46 730
-
71 515
-
social contributions
5 140
-
7 867
-
surtax
-
-
-
-
income
9 720
-
17 750
-
total
14 860
-
25 617
-
Employer
46 730
-
71 515
-
social contributions
11 098
-
16 985
-
total
11 098
-
16 985
-
Corporate
30 672
88 500
-
-
surtax
-
-
-
-
income
6 442
18 585
-
-
total
6 442
18 585
-
-
Dividends
24 230
69 915
-
-
withholding
6 785
19 576
-
-
total
6 785
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 185
38 161
42 602
38 610
After tax
49 315
50 339
45 898
49 890
Living cost
31 870
31 870
31 870
31 870
Free-cash
17 445
18 469
14 028
18 020

Estimated living cost  is ₽31870 per week

₽23845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4468
₽2518
₽2264
₽2277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 576
pensions
-
-
-
24 405
other
-
-
-
2 744
health
-
-
-
918
surtax
-
-
-
-
social contributions
-
-
-
2 520
total
-
-
-
37 163
Employee
63 636
-
67 437
-
social contributions
1 812
-
1 922
-
surtax
-
-
-
-
income
5 552
-
6 538
-
pensions
7 198
-
7 628
-
total
14 562
-
16 088
-
Employer
63 636
-
67 437
-
other
2 196
-
2 327
-
social contributions
191
-
202
-
unemployment
2 578
-
2 732
-
pensions
10 456
-
11 081
-
health
4 454
-
4 720
-
total
19 875
-
21 062
-
Corporate
4 989
88 500
-
-
surtax
-
-
-
-
income
1 396
24 780
-
-
total
1 396
24 780
-
-
Dividends
3 593
63 720
-
-
surtax
-
-
-
-
social contributions
617
10 959
-
-
withholding
459
8 156
-
-
total
1 076
19 115
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 909
43 895
37 150
37 163
After tax
51 591
44 605
51 350
51 337
Living cost
49 073
49 073
49 073
49 073
Free-cash
2 518
-4 468
2 277
2 264

Estimated living cost  is ₽49073 per week

₽33212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49108
₽45695
₽37350
₽39832
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 138
social contributions
-
-
-
19 470
total
-
-
-
20 608
Employee
32 665
-
76 623
-
income
-
-
1 269
-
social contributions
2 123
-
4 980
-
total
2 123
-
6 249
-
Employer
32 665
-
76 623
-
social contributions
5 063
-
11 877
-
total
5 063
-
11 877
-
Corporate
50 772
88 500
-
-
income
5 077
8 850
-
-
total
5 077
8 850
-
-
Dividends
45 695
79 650
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
12 263
8 850
18 126
20 608
After tax
76 237
79 650
70 374
67 892
Living cost
30 542
30 542
30 542
30 542
Free-cash
45 695
49 108
39 832
37 350

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽132848
-₽132848
₽6577
-₽132848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
15 918
pensions
-
-
-
881
national
-
-
-
9 187
labour market
-
-
-
7 010
total
-
-
-
32 996
Employee
206 511
206 511
206 511
-
labour market
16 497
16 497
16 497
-
national
25 229
25 229
25 229
-
municipal
43 975
43 975
43 975
-
pensions
294
294
294
-
total
85 995
85 995
85 995
-
Employer
206 511
206 511
206 511
-
labour market
16 521
16 521
16 521
-
municipal
44 045
44 045
44 045
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 426
86 426
86 426
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
172 421
172 421
172 421
32 996
After tax
-83 921
-83 921
-83 921
55 504
Living cost
48 927
48 927
48 927
48 927
Free-cash
-132 848
-132 848
-132 848
6 577

Estimated living cost  is ₽48927 per week

₽33486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14697
₽3814
₽38955
₽23073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
20 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
27 680
Employee
34 396
-
74 324
-
health
3 939
-
8 510
-
income
4 719
-
13 180
-
pensions
3 873
-
7 696
-
total
12 531
-
29 386
-
Employer
34 396
-
74 324
-
accident
574
-
1 241
-
unemployment
843
-
1 821
-
pensions
5 593
-
11 114
-
total
7 010
-
14 176
-
Corporate
47 094
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.

42 385
79 650
-
-
total
42 385
79 650
-
-
Dividends
4 709
8 850
-
-
withholding
895
1 682
-
-
total
895
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 821
81 332
43 562
27 680
After tax
25 679
7 168
44 938
60 820
Living cost
21 865
21 865
21 865
21 865
Free-cash
3 814
-14 697
23 073
38 955

Estimated living cost  is ₽21865 per week

₽15916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20836
₽17270
₽25305
₽12517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
15 760
health
-
-
-
939
national
-
-
-
7 488
total
-
-
-
24 187
Employee
53 456
-
74 452
-
health
399
-
723
-
municipal
8 756
-
12 166
-
pensions
3 608
-
5 025
-
unemployment
802
-
1 116
-
national
883
-
3 897
-
total
14 448
-
22 927
-
Employer
53 456
-
74 452
-
accident
54
-
75
-
unemployment
347
-
484
-
pensions
9 274
-
12 916
-
health
411
-
573
-
total
10 086
-
14 048
-
Corporate
24 958
88 500
-
-
income
4 992
17 700
-
-
total
4 992
17 700
-
-
Dividends

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

14 975
53 100
-
-
national
-
1 398
-
-
municipal
2 696
9 558
-
-
total
2 696
10 956
-
-
Income
88 500
88 500
88 500
88 500
Total tax
32 222
28 656
36 975
24 187
After tax
56 278
59 844
51 525
64 313
Living cost
39 008
39 008
39 008
39 008
Free-cash
17 270
20 836
12 517
25 305

Estimated living cost  is ₽39008 per week

₽25480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41335
₽35804
₽41046
₽40956
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 869
health
-
-
-
2 256
social contributions
-
-
-
13 805
total
-
-
-
23 930
Employee
78 128
78 128
80 344
-
social contributions
2 954
6 484
6 669
-
health
605
1 328
1 365
-
income
8 507
7 232
7 830
-
total
12 066
15 044
15 864
-
Employer
78 128
78 128
80 344
-
social contributions
2 954
6 484
6 669
-
health
657
1 446
1 487
-
total
3 611
7 930
8 156
-
Corporate
49 298
2 441
-
-
income
6 162
305
-
-
total
6 162
305
-
-
Dividends
43 136
2 137
-
-
withholding
7 333
362
-
-
total
7 333
362
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 172
23 641
24 020
23 930
After tax
59 328
64 859
64 480
64 570
Living cost
23 524
23 524
23 524
23 524
Free-cash
35 804
41 335
40 956
41 046

Estimated living cost  is ₽23524 per week

₽14098
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57155
₽51985
₽53943
₽38500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 256
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
18 425
Employee

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

23 322
-
80 236
-
health
1 982
-
6 820
-
income
1 595
-
6 349
-
pensions
3 498
-
12 035
-
unemployment
116
-
401
-
total
7 191
-
25 605
-
Employer

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

23 322
-
80 236
-
unemployment
116
-
401
-
pensions
1 282
-
4 413
-
health
1 003
-
3 449
-
total
2 401
-
8 263
-
Corporate
62 778
88 500
-
-
income
5 649
7 965
-
-
total
5 649
7 965
-
-
Dividends
57 129
80 535
-
-
withholding
5 142
7 248
-
-
total
5 142
7 248
-
-
Income
88 500
88 500
88 500
88 500
Total tax
20 383
15 213
33 868
18 425
After tax
68 117
73 287
54 632
70 075
Living cost
16 132
16 132
16 132
16 132
Free-cash
51 985
57 155
38 500
53 943

Estimated living cost  is ₽16132 per week

₽10292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31719
₽26391
₽18962
₽19590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 048
pensions
-
-
-
25 046
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
41 598
Employee
37 569
-
67 106
-
other
37
-
67
-
income
7 243
-
15 316
-
pensions
1 766
-
3 154
-
unemployment
582
-
1 039
-
total
9 628
-
19 576
-
Employer
37 569
-
67 106
-
accident
744
-
1 328
-
other
301
-
538
-
unemployment
2 067
-
3 690
-
pensions
8 866
-
15 838
-
total
11 978
-
21 394
-
Corporate
38 954
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.

5 842
13 275
-
-
total
5 842
13 275
-
-
Dividends
33 111
75 225
-
-
withholding
6 721
15 566
-
-
total
6 721
15 566
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 169
28 841
40 970
41 598
After tax
54 331
59 659
47 530
46 902
Living cost
27 940
27 940
27 940
27 940
Free-cash
26 391
31 719
19 590
18 962

Estimated living cost  is ₽27940 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52443
₽51987
₽53110
₽52913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 109
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
32 609
Employee
4 236
-
86 218
-
health
212
-
507
-
income
820
-
29 002
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
30 523
-
Employer
4 236
-
86 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
83 310
88 500
-
-
income
18 328
19 470
-
-
total
18 328
19 470
-
-
Dividends
64 982
69 030
-
-
withholding
12 996
13 806
-
-
total
12 996
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 732
33 276
32 806
32 609
After tax
54 768
55 224
55 694
55 891
Living cost
2 781
2 781
2 781
2 781
Free-cash
51 987
52 443
52 913
53 110

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46382
₽41384
₽27683
₽27684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 894
pensions
-
-
-
19 509
unemployment
-
-
-
1 126
health
-
-
-
7 729
total
-
-
-
43 258
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.

26 477
-
75 069
-
health
1 364
-
3 864
-
income
3 650
-
14 894
-
pensions
3 707
-
10 505
-
unemployment
199
-
563
-
total
8 920
-
29 826
-
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.

26 477
-
75 069
-
unemployment
199
-
563
-
pensions
3 177
-
9 004
-
health
1 364
-
3 864
-
total
4 740
-
13 431
-
Corporate
57 284
88 500
-
-
income
8 593
13 275
-
-
total
8 593
13 275
-
-
Dividends
48 691
75 225
-
-
withholding
7 304
11 284
-
-
total
7 304
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 557
24 559
43 257
43 258
After tax
58 943
63 941
45 243
45 242
Living cost
17 559
17 559
17 559
17 559
Free-cash
41 384
46 382
27 684
27 683

Estimated living cost  is ₽17559 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22947
₽22580
₽22498
₽18506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 856
surtax
-
-
-
-
social contributions

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

-
-
-
30 754
total
-
-
-
38 610
Employee
39 435
-
71 515
-
social contributions
4 338
-
7 867
-
surtax
-
-
-
-
income
7 705
-
17 750
-
total
12 043
-
25 617
-
Employer
39 435
-
71 515
-
social contributions
9 365
-
16 985
-
total
9 365
-
16 985
-
Corporate
39 700
88 500
-
-
surtax
-
-
-
-
income
8 337
18 585
-
-
total
8 337
18 585
-
-
Dividends
31 363
69 915
-
-
withholding
8 783
19 576
-
-
total
8 783
19 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 528
38 161
42 602
38 610
After tax
49 972
50 339
45 898
49 890
Living cost
27 392
27 392
27 392
27 392
Free-cash
22 580
22 947
18 506
22 498

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23951
₽16204
₽11194
₽11822
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 048
pensions
-
-
-
25 046
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
41 598
Employee
49 070
-
67 106
-
other
48
-
67
-
income
10 249
-
15 316
-
pensions
2 306
-
3 154
-
unemployment
760
-
1 039
-
total
13 363
-
19 576
-
Employer
49 070
-
67 106
-
accident
972
-
1 328
-
other
393
-
538
-
unemployment
2 699
-
3 690
-
pensions
11 580
-
15 838
-
total
15 644
-
21 394
-
Corporate
23 785
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.

3 567
13 275
-
-
total
3 567
13 275
-
-
Dividends
20 218
75 225
-
-
withholding
4 014
15 566
-
-
total
4 014
15 566
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 588
28 841
40 970
41 598
After tax
51 912
59 659
47 530
46 902
Living cost
35 708
35 708
35 708
35 708
Free-cash
16 204
23 951
11 822
11 194

Estimated living cost  is ₽35708 per week

₽25644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2776
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.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58189
₽51996
₽48269
₽50766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
22 752
Employee
23 145
-
81 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
8 153
-
pensions

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

2 032
-
3 116
-
total
5 666
-
13 292
-
Employer
23 145
-
81 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
60 814
88 500
-
-
income
6 081
8 850
-
-
total
6 081
8 850
-
-
Dividends
54 733
79 650
-
-
withholding
2 737
3 982
-
-
total
2 737
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
19 025
12 832
20 255
22 752
After tax
69 475
75 668
68 245
65 748
Living cost
17 479
17 479
17 479
17 479
Free-cash
51 996
58 189
50 766
48 269

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6468
₽19764
₽19278
₽25199
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
5 921
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.

-
-
-
16 241
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.

-
-
-
6 941
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.

-
-
-
893
total
-
-
-
29 996
Employee

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

50 554
-
88 500
-
health

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

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

6 941
-
6 941
-
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.

229
-
893
-
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.

4 157
-
16 241
-
total
11 327
-
24 075
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 946
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.

312
731
-
-
income
5 692
13 275
-
-
trade
5 445
12 701
-
-
chamber of commerce
210
283
-
-
total
11 659
26 990
-
-
Dividends
26 286
61 510
-
-
surtax

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

339
825
-
-
withholding
6 185
14 991
-
-
total
6 524
15 816
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 510
42 806
24 075
29 996
After tax
58 990
45 694
64 425
58 504
Living cost
39 226
39 226
39 226
39 226
Free-cash
19 764
6 468
25 199
19 278

Estimated living cost  is ₽39226 per week

₽27059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
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.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4071
₽6315
₽4422
₽4422
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 606
social contributions
-
-
-
7 594
total
-
-
-
26 200
Employee
79 477
-
88 500
-
income
14 997
-
18 606
-
social contributions
6 603
-
7 594
-
total
21 600
-
26 200
-
Employer
79 477
-
88 500
-
total
-
-
-
-
Corporate
9 023
88 500
-
-
income
1 128
11 062
-
-
total
1 128
11 062
-
-
Dividends
7 895
77 438
-
-
withholding
1 579
15 489
-
-
total
1 579
15 489
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 307
26 551
26 200
26 200
After tax
64 193
61 949
62 300
62 300
Living cost
57 878
57 878
57 878
57 878
Free-cash
6 315
4 071
4 422
4 422

Estimated living cost  is ₽57878 per week

₽44033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15275
₽20566
₽15884
₽27909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 922
health

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

-
-
-
6 812
total
-
-
-
35 734
Employee
46 610
-
83 826
-
income
5 057
-
14 361
-
social contributions
4 670
-
4 674
-
total
9 727
-
19 035
-
Employer
46 610
-
83 826
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
37 220
88 500
-
-
income
13 026
30 975
-
-
total
13 026
30 975
-
-
Dividends
24 194
57 525
-
-
social contributions
3 629
5 368
-
-
total
3 629
5 368
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 052
36 343
23 709
35 734
After tax
57 448
52 157
64 791
52 766
Living cost
36 882
36 882
36 882
36 882
Free-cash
20 566
15 275
27 909
15 884

Estimated living cost  is ₽36882 per week

₽24294
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28315
₽22544
₽27799
₽17877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 449
pensions
-
-
-
6 258
total
-
-
-
22 707
Employee
52 152
-
78 158
-
health
680
-
1 214
-
income
9 497
-
13 969
-
pensions
3 981
-
7 103
-
total
14 158
-
22 286
-
Employer
52 152
-
78 158
-
pensions
5 269
-
8 858
-
health
991
-
1 485
-
total
6 260
-
10 343
-
Corporate
30 087
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.

5 717
16 814
-
-
total
5 717
16 814
-
-
Dividends
24 370
71 686
-
-
withholding
1 827
5 377
-
-
total
1 827
5 377
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 962
22 191
32 629
22 707
After tax
60 538
66 309
55 871
65 793
Living cost
37 994
37 994
37 994
37 994
Free-cash
22 544
28 315
17 877
27 799

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16862
₽3483
₽36790
₽20908
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
255
income
-
-
-
20 654
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
27 680
Employee
37 800
-
74 324
-
health
4 328
-
8 510
-
income
5 186
-
13 180
-
pensions
4 256
-
7 696
-
total
13 770
-
29 386
-
Employer
37 800
-
74 324
-
accident
631
-
1 241
-
unemployment
926
-
1 821
-
pensions
6 146
-
11 114
-
total
7 703
-
14 176
-
Corporate
42 996
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.

38 697
79 650
-
-
total
38 697
79 650
-
-
Dividends
4 299
8 850
-
-
withholding
817
1 682
-
-
total
817
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
60 987
81 332
43 562
27 680
After tax
27 513
7 168
44 938
60 820
Living cost
24 030
24 030
24 030
24 030
Free-cash
3 483
-16 862
20 908
36 790

Estimated living cost  is ₽24030 per week

₽17635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61530
₽56600
₽37238
₽39282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
443
health insurance
-
-
-
6 549
income
-
-
-
13 229
pensions
-
-
-
16 284
unemployment
-
-
-
1 062
total
-
-
-
37 567
Employee

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

21 911
-
88 500
-
work injury
110
-
405
-
income
2 191
-
13 229
-
pensions
4 032
-
14 917
-
health insurance
1 621
-
5 999
-
unemployment
263
-
973
-
total
8 217
-
35 523
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
66 589
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
66 589
88 500
-
-
withholding
9 988
13 275
-
-
total
9 988
13 275
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 205
13 275
35 523
37 567
After tax
70 295
75 225
52 977
50 933
Living cost
13 695
13 695
13 695
13 695
Free-cash
56 600
61 530
39 282
37 238

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6139
₽1515
₽5138
₽1089
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
municipal
-
-
-
592
regional
-
-
-
1 647
national
-
-
-
17 885
social contributions
-
-
-
22 761
total
-
-
-
42 885
Employee
85 618
-
88 500
-
social contributions
28 870
-
29 842
-
regional
1 293
-
1 368
-
municipal
511
-
528
-
national
14 469
-
15 196
-
total
45 143
-
46 934
-
Employer
85 618
-
88 500
-
total
-
-
-
-
Corporate
2 882
88 500
-
-
nationa
692
21 240
-
-
municipal
139
4 265
-
-
total
831
25 505
-
-
Dividends
2 051
62 995
-
-
withholding
534
16 379
-
-
total
534
16 379
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 508
41 884
46 934
42 885
After tax
41 992
46 616
41 566
45 615
Living cost
40 476
40 476
40 476
40 476
Free-cash
1 515
6 139
1 089
5 138

Estimated living cost  is ₽40476 per week

₽28432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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