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
₽16180
₽35106
₽28077
₽26618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
income

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

-
-
-
17 406
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.

-
-
-
958
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.

-
-
-
6 447
trade
-
-
-
7 029
total
-
-
-
31 840
Employee

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

36 093
-
88 500
-
surtax

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

56
-
958
-
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.

1 008
-
17 406
-
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.

6 447
-
6 447
-
total
7 511
-
24 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 407
88 500
-
-
income
7 862
13 275
-
-
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.

432
731
-
-
chamber of commerce
218
270
-
-
trade
8 254
13 939
-
-
total
16 766
28 215
-
-
Dividends
35 641
60 284
-
-
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.

471
809
-
-
withholding
8 551
14 713
-
-
total
9 022
15 522
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 299
43 737
24 811
31 840
After tax
55 201
44 763
63 689
56 660
Living cost
28 583
28 583
28 583
28 583
Free-cash
26 618
16 180
35 106
28 077

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5106
₽4334
₽3639
₽3758
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
951
municipal
-
-
-
9 089
national
-
-
-
14 083
pensions
-
-
-
10 620
total
-
-
-
34 743
Employee
77 691
-
76 507
-
municipal
9 596
-
9 431
-
pensions
3 108
-
3 060
-
national
14 870
-
14 614
-
total
27 574
-
27 105
-
Employer
77 691
-
76 507
-
pensions
6 215
-
6 121
-
social contributions
835
-
822
-
total
7 050
-
6 943
-
Corporate
-
88 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

-
17 700
-
-
total
-
17 700
-
-
Dividends
-
70 800
-
-
withholding
-
15 576
-
-
total
-
15 576
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 624
33 276
34 048
34 743
After tax
53 876
55 224
54 452
53 757
Living cost
50 118
50 118
50 118
50 118
Free-cash
3 758
5 106
4 334
3 639

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51168
₽30318
₽27680
₽43425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
88 500
income
-
-
-
12 736
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.

-
-
-
28 452
microenterprise
-
-
-
-
total
-
-
-
41 188
Employee
27 574
-
71 319
-
surtax
-
-
-
-
social contributions

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

3 034
-
7 845
-
income
4 909
-
13 524
-
total
7 943
-
21 369
-
Employer
27 574
-
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.

6 642
-
17 181
-
surtax
-
-
-
-
total
6 642
-
17 181
-
Corporate
54 284
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%.

10 858
17 700
-
-
total
10 858
17 700
-
-
Dividends

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

43 426
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
25 443
17 700
38 550
41 188
After tax
63 057
70 800
49 950
47 312
Living cost
19 632
19 632
19 632
19 632
Free-cash
43 425
51 168
30 318
27 680

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽88
-₽5209
₽10734
-₽5209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 206
health
-
-
-
10 972
pensions
-
-
-
11 056
total
-
-
-
38 234
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
54 177
48 880
54 177
38 234
After tax
34 323
39 620
34 323
50 266
Living cost
39 532
39 532
39 532
39 532
Free-cash
-5 209
88
-5 209
10 734

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10498
₽9436
₽7432
₽9648
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
19 229
national
-
-
-
-
pensions
-
-
-
8 961
total
-
-
-
43 245
Employee
53 895
-
67 341
-
municipal
16 071
-
20 081
-
national
-
-
-
-
total
16 071
-
20 081
-
Employer
53 895
-
67 341
-
health
3 315
-
4 142
-
pensions
5 826
-
7 280
-
accident
108
-
135
-
unemployment
1 423
-
1 778
-
other
6 263
-
7 825
-
total
16 935
-
21 160
-
Corporate
17 671
88 500
-
-
income
3 888
19 470
-
-
total
3 888
19 470
-
-
Dividends
13 784
69 030
-
-
withholding
4 135
20 709
-
-
total
4 135
20 709
-
-
Income
88 500
88 500
88 500
88 500
Total tax
41 029
40 179
41 241
43 245
After tax
47 471
48 321
47 259
45 255
Living cost
37 823
37 823
37 823
37 823
Free-cash
9 648
10 498
9 436
7 432

Estimated living cost  is ₽37823 per week

₽25068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽7238
₽26618
₽19278
₽20495
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
income

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

-
-
-
17 406
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.

-
-
-
958
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.

-
-
-
6 447
trade
-
-
-
7 340
total
-
-
-
32 151
Employee

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

47 855
-
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
-
958
-
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.

4 112
-
17 406
-
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.

6 447
-
6 447
-
total
10 785
-
24 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 645
88 500
-
-
income
6 096
13 275
-
-
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.

335
731
-
-
chamber of commerce
201
269
-
-
trade
6 687
14 559
-
-
total
13 319
28 834
-
-
Dividends
27 327
59 667
-
-
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.

356
800
-
-
withholding
6 474
14 557
-
-
total
6 830
15 357
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 934
44 191
24 811
32 151
After tax
57 566
44 309
63 689
56 349
Living cost
37 071
37 071
37 071
37 071
Free-cash
20 495
7 238
26 618
19 278

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
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.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34208
₽32884
₽32976
₽30292
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
8 855
social contributions
-
-
-
13 805
health
-
-
-
2 256
total
-
-
-
24 916
Employee
72 564
72 564
80 345
-
social contributions
3 526
6 022
6 669
-
income
7 620
6 717
8 818
-
health
722
1 234
1 366
-
total
11 868
13 973
16 853
-
Employer
72 564
72 564
80 345
-
health
786
1 343
1 486
-
social contributions
3 526
6 022
6 669
-
total
4 312
7 365
8 155
-
Corporate
41 712
8 571
-
-
income
5 215
1 071
-
-
total
5 215
1 071
-
-
Dividends
36 498
7 500
-
-
withholding
6 205
1 275
-
-
total
6 205
1 275
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 600
23 684
25 008
24 916
After tax
60 900
64 816
63 492
63 584
Living cost
30 608
30 608
30 608
30 608
Free-cash
30 292
34 208
32 884
32 976

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33000
₽34431
₽44436
₽33351
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
74 059
-
unemployment
365
145
1 111
-
pensions
2 436
969
7 406
-
income
2 978
1 185
9 054
-
health
1 705
679
5 184
-
total
7 484
2 978
22 755
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
74 059
-
pensions
4 749
1 890
14 441
-
total
4 749
1 890
14 441
-
Corporate
59 394
76 916
-
-
income
5 345
6 922
-
-
total
5 345
6 922
-
-
Dividends
54 049
69 994
-
-
social contributions
10 429
13 538
-
-
withholding
10 269
13 299
-
-
total
20 698
26 837
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 276
38 627
37 196
27 191
After tax
50 224
49 873
51 304
61 309
Living cost
16 873
16 873
16 873
16 873
Free-cash
33 351
33 000
34 431
44 436

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48007
₽28221
₽24642
₽42145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 859
health
-
-
-
11 506
pensions
-
-
-
17 700
total
-
-
-
41 065
Employee
26 770
-
66 140
-
unemployment
428
-
1 058
-
pensions
535
-
1 323
-
income
3 014
-
12 752
-
total
3 977
-
15 133
-
Employer
26 770
-
66 140
-
health
3 479
-
8 598
-
pensions
5 354
-
13 227
-
unemployment
215
-
528
-
total
9 048
-
22 353
-
Corporate
52 681
88 500
-
-
income
10 537
17 700
-
-
total
10 537
17 700
-
-
Dividends
42 144
70 800
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
23 562
17 700
37 486
41 065
After tax
64 938
70 800
51 014
47 435
Living cost
22 793
22 793
22 793
22 793
Free-cash
42 145
48 007
28 221
24 642

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13800
₽24314
₽39816
₽3953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
accident
-
-
-
241
income
-
-
-
21 077
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
27 716
Employee
32 984
-
74 913
-
pensions
3 714
-
7 272
-
income
4 525
-
13 781
-
health
3 777
-
8 578
-
total
12 016
-
29 631
-
Employer
32 984
-
74 913
-
pensions
5 363
-
10 501
-
accident
551
-
1 251
-
unemployment
808
-
1 835
-
total
6 722
-
13 587
-
Corporate
48 794
88 500
-
-
income

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

43 914
79 650
-
-
total
43 914
79 650
-
-
Dividends
4 879
8 850
-
-
withholding
927
1 682
-
-
total
927
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 579
81 332
43 218
27 716
After tax
24 921
7 168
45 282
60 784
Living cost
20 968
20 968
20 968
20 968
Free-cash
3 953
-13 800
24 314
39 816

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76484
₽63209
₽80024
₽75061
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
9 489
-
88 500
-
income
1 897
-
17 700
-
total
1 897
-
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%.

79 011
88 500
-
-
total
-
-
-
-
Dividends
79 011
88 500
-
-
withholding
3 951
4 425
-
-
total
3 951
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
5 848
4 425
17 700
885
After tax
82 652
84 075
70 800
87 615
Living cost
7 591
7 591
7 591
7 591
Free-cash
75 061
76 484
63 209
80 024

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39876
₽26728
₽22777
₽33503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 203
health
-
-
-
3 893
pensions

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

-
-
-
21 241
total
-
-
-
40 578
Employee
34 264
-
70 685
-
unemployment
342
-
707
-
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.

2 398
-
4 948
-
income
5 899
-
12 168
-
health
480
-
990
-
total
9 119
-
18 813
-
Employer
34 264
-
70 685
-
health
480
-
990
-
pensions

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

5 825
-
12 016
-
accident
274
-
566
-
unemployment
342
-
707
-
other
1 714
-
3 535
-
total
8 635
-
17 814
-
Corporate
45 601
88 500
-
-
income
9 577
18 585
-
-
total
9 577
18 585
-
-
Dividends
36 024
69 915
-
-
withholding
2 521
4 894
-
-
total
2 521
4 894
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 852
23 479
36 627
40 578
After tax
58 648
65 021
51 873
47 922
Living cost
25 145
25 145
25 145
25 145
Free-cash
33 503
39 876
26 728
22 777

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3326
-₽7322
₽1873
-₽12747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 299
pensions
-
-
-
6 393
total
-
-
-
23 692
Employee
89 044
-
78 026
-
pensions
8 590
-
7 268
-
income
16 051
-
13 904
-
health
1 467
-
1 241
-
total
26 108
-
22 413
-
Employer
89 044
-
78 026
-
health
1 691
-
1 482
-
pensions
10 513
-
8 992
-
total
12 204
-
10 474
-
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.

-
16 816
-
-
total
-
16 816
-
-
Dividends
-
71 684
-
-
withholding
-
5 423
-
-
total
-
5 423
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 312
22 239
32 887
23 692
After tax
50 188
66 261
55 613
64 808
Living cost
62 935
62 935
62 935
62 935
Free-cash
-12 747
3 326
-7 322
1 873

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63297
₽56685
₽54054
₽58914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
13 275
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
22 075
Employee
16 380
-
82 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
8 204
-
health
753
-
1 516
-
total
4 009
-
12 977
-
Employer
16 380
-
82 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
68 905
88 500
-
-
income
6 891
8 850
-
-
total
6 891
8 850
-
-
Dividends
62 014
79 650
-
-
withholding
3 101
3 982
-
-
total
3 101
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 215
12 832
19 444
22 075
After tax
71 285
75 668
69 056
66 425
Living cost
12 371
12 371
12 371
12 371
Free-cash
58 914
63 297
56 685
54 054

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12708
-₽18005
-₽2062
-₽14309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 206
health
-
-
-
10 972
pensions
-
-
-
11 056
total
-
-
-
38 234
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
50 481
48 880
54 177
38 234
After tax
38 019
39 620
34 323
50 266
Living cost
52 328
52 328
52 328
52 328
Free-cash
-14 309
-12 708
-18 005
-2 062

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37807
₽21786
₽19978
₽29557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
7 607
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
health
-
-
-
11 948
total
-
-
-
45 397
Employee
34 007
-
66 045
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
4 293
-
income
4 081
-
7 925
-
health
4 591
-
8 916
-
total
10 882
-
21 134
-
Employer
34 007
-
66 045
-
health
3 061
-
5 944
-
social contributions
8 502
-
16 511
-
total
11 563
-
22 455
-
Corporate
42 930
88 500
-
-
income
8 157
16 815
-
-
total
8 157
16 815
-
-
Dividends
34 774
71 685
-
-
withholding
5 216
10 753
-
-
total
5 216
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 818
27 568
43 589
45 397
After tax
52 682
60 932
44 911
43 103
Living cost
23 125
23 125
23 125
23 125
Free-cash
29 557
37 807
21 786
19 978

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7399
₽1825
₽6035
₽2472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 763
regional
-
-
-
967
municipal
-
-
-
526
national
-
-
-
18 390
total
-
-
-
42 646
Employee
83 867
-
88 500
-
municipal
444
-
469
-
national
14 532
-
15 700
-
regional
791
-
845
-
social contributions
28 280
-
29 842
-
total
44 047
-
46 856
-
Employer
83 867
-
88 500
-
total
-
-
-
-
Corporate
4 633
88 500
-
-
municipal
181
3 451
-
-
nationa
1 112
21 241
-
-
total
1 293
24 692
-
-
Dividends
3 340
63 809
-
-
withholding
869
16 590
-
-
total
869
16 590
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 209
41 282
46 856
42 646
After tax
42 291
47 218
41 644
45 854
Living cost
39 819
39 819
39 819
39 819
Free-cash
2 472
7 399
1 825
6 035

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
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.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34842
₽23604
₽25310
₽31905
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 269
other
-
-
-
-
surtax
-
-
-
1 898
unemployment
-
-
-
215
health
-
-
-
6 284
pensions
-
-
-
17 700
total
-
-
-
42 366
Employee
31 207
-
73 110
-
other
-
-
-
-
unemployment
2 172
-
5 088
-
pensions
2 081
-
4 876
-
surtax
102
-
1 701
-
income
5 231
-
15 154
-
health
797
-
1 864
-
total
10 383
-
28 683
-
Employer
31 207
-
73 110
-
health
1 420
-
3 327
-
pensions
4 160
-
9 745
-
unemployment
989
-
2 317
-
other
-
-
-
-
total
6 569
-
15 389
-
Corporate
50 725
88 500
-
-
income
13 189
23 010
-
-
total
13 189
23 010
-
-
Dividends
37 536
65 490
-
-
withholding
5 630
9 824
-
-
total
5 630
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 771
32 834
44 072
42 366
After tax
52 729
55 666
44 428
46 134
Living cost
20 824
20 824
20 824
20 824
Free-cash
31 905
34 842
23 604
25 310

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
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.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23265
₽12617
₽21812
₽15907
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 299
pensions
-
-
-
6 393
total
-
-
-
23 692
Employee
59 675
-
78 026
-
pensions
5 065
-
7 268
-
income
10 748
-
13 904
-
health
866
-
1 241
-
total
16 679
-
22 413
-
Employer
59 675
-
78 026
-
health
1 134
-
1 482
-
pensions
6 460
-
8 992
-
total
7 594
-
10 474
-
Corporate
21 232
88 500
-
-
income

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

4 035
16 816
-
-
total
4 035
16 816
-
-
Dividends
17 197
71 684
-
-
withholding
1 289
5 423
-
-
total
1 289
5 423
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 597
22 239
32 887
23 692
After tax
58 903
66 261
55 613
64 808
Living cost
42 996
42 996
42 996
42 996
Free-cash
15 907
23 265
12 617
21 812

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34161
-₽4994
-₽455
-₽7155
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
other

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

-
-
-
1 769
regional
-
-
-
2 829
health
-
-
-
243
city
-
-
-
932
national
-
-
-
410
pensions
-
-
-
8 141
total
-
-
-
14 324
Employee
87 337
-
79 211
-
unemployment
-
-
-
-
pensions
7 337
-
6 653
-
national
413
-
348
-
regional
2 860
-
2 419
-
city
937
-
851
-
health
197
-
178
-
total
11 744
-
10 449
-
Employer
87 337
-
79 211
-
health
197
-
178
-
pensions
7 337
-
6 653
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 746
-
1 583
-
total
9 280
-
8 414
-
Corporate
-
88 500
-
-
regional
-
18 717
-
-
national
-
7 523
-
-
total
-
26 240
-
-
Dividends
-
62 259
-
-
withholding
-
21 790
-
-
total
-
21 790
-
-
Income
88 500
88 500
88 500
88 500
Total tax
21 024
48 030
18 863
14 324
After tax
67 476
40 470
69 637
74 176
Living cost
74 631
74 631
74 631
74 631
Free-cash
-7 155
-34 161
-4 994
-455

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽623
₽20459
₽12805
₽15927
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
income

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

-
-
-
17 406
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.

-
-
-
958
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.

-
-
-
6 447
trade
-
-
-
7 654
total
-
-
-
32 465
Employee

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

56 713
-
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.

367
-
958
-
income

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

6 669
-
17 406
-
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.

6 447
-
6 447
-
total
13 483
-
24 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
31 787
88 500
-
-
income
4 769
13 275
-
-
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.

261
731
-
-
chamber of commerce
188
269
-
-
trade
5 451
15 177
-
-
total
10 669
29 452
-
-
Dividends
21 118
59 049
-
-
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.

270
792
-
-
withholding
4 921
14 403
-
-
total
5 191
15 195
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 343
44 647
24 811
32 465
After tax
59 157
43 853
63 689
56 035
Living cost
43 230
43 230
43 230
43 230
Free-cash
15 927
623
20 459
12 805

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12317
₽18292
₽18845
₽17891
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 600
other
-
-
-
2 745
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
1 316
pensions
-
-
-
23 187
total
-
-
-
37 369
Employee
40 388
-
67 437
-
pensions
4 567
-
7 627
-
surtax
-
-
-
-
social contributions
1 151
-
1 922
-
income
2 384
-
7 315
-
total
8 102
-
16 864
-
Employer
40 388
-
67 437
-
health
2 828
-
4 721
-
pensions
6 635
-
11 078
-
unemployment
1 635
-
2 731
-
social contributions
122
-
202
-
other
1 393
-
2 326
-
total
12 613
-
21 058
-
Corporate
35 500
88 500
-
-
income
9 941
24 779
-
-
surtax
-
-
-
-
total
9 941
24 779
-
-
Dividends
25 559
63 721
-
-
surtax
-
-
-
-
social contributions
4 395
10 961
-
-
withholding
3 272
8 157
-
-
total
7 667
19 118
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 323
43 897
37 922
37 369
After tax
50 177
44 603
50 578
51 131
Living cost
32 286
32 286
32 286
32 286
Free-cash
17 891
12 317
18 292
18 845

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15516
₽21491
₽22044
₽20759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 600
other
-
-
-
2 745
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
1 316
pensions
-
-
-
23 187
total
-
-
-
37 369
Employee
36 052
-
67 437
-
pensions
4 078
-
7 627
-
surtax
-
-
-
-
social contributions
1 028
-
1 922
-
income
1 859
-
7 315
-
total
6 965
-
16 864
-
Employer
36 052
-
67 437
-
health
2 523
-
4 721
-
pensions
5 924
-
11 078
-
unemployment
1 459
-
2 731
-
social contributions
107
-
202
-
other
1 245
-
2 326
-
total
11 258
-
21 058
-
Corporate
41 190
88 500
-
-
income
11 533
24 779
-
-
surtax
-
-
-
-
total
11 533
24 779
-
-
Dividends
29 657
63 721
-
-
surtax
-
-
-
-
social contributions
5 102
10 961
-
-
withholding
3 796
8 157
-
-
total
8 898
19 118
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 654
43 897
37 922
37 369
After tax
49 846
44 603
50 578
51 131
Living cost
29 087
29 087
29 087
29 087
Free-cash
20 759
15 516
21 491
22 044

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33983
₽37284
₽36826
₽34473
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
12 213
health
-
-
-
6 176
total
-
-
-
31 664
Employee
31 996
-
88 500
-
social contributions
4 416
-
12 213
-
income
5 337
-
12 817
-
health
2 233
-
6 176
-
total
11 986
-
31 206
-
Employer
31 996
-
88 500
-
total
-
-
-
-
Corporate
56 504
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%.

2 826
4 425
-
-
total
2 826
4 425
-
-
Dividends
53 678
84 075
-
-
social contributions
7 408
11 603
-
-
withholding
8 051
12 611
-
-
health
3 746
5 868
-
-
total
19 205
30 082
-
-
Income
88 500
88 500
88 500
88 500
Total tax
34 017
34 507
31 206
31 664
After tax
54 483
53 993
57 294
56 836
Living cost
20 010
20 010
20 010
20 010
Free-cash
34 473
33 983
37 284
36 826

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16460
-₽5646
₽12039
₽14997
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 737
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
355
health
-
-
-
6 771
pensions
-
-
-
16 373
total
-
-
-
43 210
Employee
47 160
37 607
68 574
-
other
471
376
686
-
unemployment
1 415
1 128
2 058
-
pensions
4 830
3 850
7 022
-
income
5 369
2 774
12 303
-
health
1 825
1 456
2 654
-
total
13 910
9 584
24 723
-
Employer
47 160
37 607
68 574
-
chamber of commerce
188
150
274
-
health
1 782
1 422
2 591
-
pensions
5 919
4 721
8 607
-
accident
612
489
892
-
unemployment
1 415
1 128
2 058
-
surtax
186
186
186
-
payroll
1 415
1 128
2 058
-
other
2 240
1 785
3 256
-
total
13 757
11 009
19 922
-
Corporate
27 583
39 884
64 998
-
income

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

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

6 896
9 971
16 250
-
total
6 896
9 971
16 250
-
Dividends
20 687
29 913
-
-
withholding
5 689
8 225
-
-
total
5 689
8 225
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 252
38 789
60 895
43 210
After tax
48 248
49 711
27 605
45 290
Living cost
33 251
33 251
33 251
33 251
Free-cash
14 997
16 460
-5 646
12 039

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15249
₽444
₽7877
₽1075
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
communal

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

-
-
-
4 500
social contributions
-
-
-
13 490
national
-
-
-
28 226
total
-
-
-
46 216
Employee

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

67 501
-
68 545
-
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.

587
-
596
-
communal

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

3 521
-
3 574
-
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.

5 063
-
5 141
-
national
20 753
-
21 161
-
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.

3 171
-
3 222
-
total
33 095
-
33 694
-
Employer

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

67 501
-
68 545
-
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.

4 151
-
4 217
-
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.

5 981
-
6 073
-
accident

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

877
-
892
-
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.

985
-
1 001
-
surtax
7 654
-
7 772
-
total
19 648
-
19 955
-
Corporate
1 350
88 500
-
-
income
270
17 700
-
-
surtax
5
355
-
-
total
275
18 055
-
-
Dividends
1 075
70 445
-
-
withholding

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

-
20 789
-
-
total
-
20 789
-
-
Income
88 500
88 500
88 500
88 500
Total tax
53 018
38 844
53 649
46 216
After tax
35 482
49 656
34 851
42 284
Living cost
34 407
34 407
34 407
34 407
Free-cash
1 075
15 249
444
7 877

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25563
₽13197
₽12787
₽18045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 393
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 633
Employee
46 973
-
67 105
-
other
47
-
66
-
unemployment
729
-
1 040
-
pensions
2 208
-
3 154
-
income
9 911
-
15 568
-
total
12 895
-
19 828
-
Employer
46 973
-
67 105
-
pensions
11 085
-
15 838
-
accident
929
-
1 329
-
unemployment
2 584
-
3 691
-
other
374
-
537
-
total
14 972
-
21 395
-
Corporate
26 554
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.

3 983
13 275
-
-
total
3 983
13 275
-
-
Dividends
22 571
75 225
-
-
withholding
4 525
15 582
-
-
total
4 525
15 582
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 375
28 857
41 223
41 633
After tax
52 125
59 643
47 277
46 867
Living cost
34 080
34 080
34 080
34 080
Free-cash
18 045
25 563
13 197
12 787

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3056
₽4213
₽73
-₽3084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
communal
-
-
-
5 593
accident
-
-
-
747
income
-
-
-
6 935
surtax
-
-
-
4 387
health
-
-
-
6 218
pensions
-
-
-
13 264
total
-
-
-
37 144
Employee
71 463
-
79 054
-
pensions
5 716
-
6 325
-
surtax
4 380
-
4 844
-
income
6 903
-
8 872
-
health
3 180
-
3 517
-
total
20 179
-
23 558
-
Employer
71 463
-
79 054
-
health
2 179
-
2 410
-
pensions
5 716
-
6 325
-
accident
643
-
711
-
total
8 538
-
9 446
-
Corporate
8 498
88 500
-
-
communal
-
5 974
-
-
income
1 275
13 275
-
-
surtax
90
929
-
-
total
1 365
20 178
-
-
Dividends
7 134
68 321
-
-
income
9 148
3 734
-
-
withholding
1 071
10 249
-
-
total
10 219
13 983
-
-
Income
88 500
88 500
88 500
88 500
Total tax
40 301
34 161
33 004
37 144
After tax
48 199
54 339
55 496
51 356
Living cost
51 283
51 283
51 283
51 283
Free-cash
-3 084
3 056
4 213
73

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34470
₽23232
₽24938
₽31469
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 269
other
-
-
-
-
surtax
-
-
-
1 898
unemployment
-
-
-
215
health
-
-
-
6 284
pensions
-
-
-
17 700
total
-
-
-
42 366
Employee
31 779
-
73 110
-
other
-
-
-
-
unemployment
2 212
-
5 088
-
pensions
2 120
-
4 876
-
surtax
113
-
1 701
-
income
5 328
-
15 154
-
health
811
-
1 864
-
total
10 584
-
28 683
-
Employer
31 779
-
73 110
-
health
1 445
-
3 327
-
pensions
4 237
-
9 745
-
unemployment
1 008
-
2 317
-
other
-
-
-
-
total
6 690
-
15 389
-
Corporate
50 030
88 500
-
-
income
13 008
23 010
-
-
total
13 008
23 010
-
-
Dividends
37 022
65 490
-
-
withholding
5 553
9 824
-
-
total
5 553
9 824
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 835
32 834
44 072
42 366
After tax
52 665
55 666
44 428
46 134
Living cost
21 196
21 196
21 196
21 196
Free-cash
31 469
34 470
23 232
24 938

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21096
₽15877
₽20066
₽19002
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 763
regional
-
-
-
1 335
municipal
-
-
-
526
national
-
-
-
18 390
total
-
-
-
43 014
Employee
52 347
-
88 500
-
municipal
278
-
469
-
national
8 293
-
15 700
-
regional
705
-
1 192
-
social contributions
17 652
-
29 842
-
total
26 928
-
47 203
-
Employer
52 347
-
88 500
-
total
-
-
-
-
Corporate
36 153
88 500
-
-
municipal
1 796
4 398
-
-
nationa
8 676
21 241
-
-
total
10 472
25 639
-
-
Dividends
25 681
62 861
-
-
withholding
6 678
16 345
-
-
total
6 678
16 345
-
-
Income
88 500
88 500
88 500
88 500
Total tax
44 078
41 984
47 203
43 014
After tax
44 422
46 516
41 297
45 486
Living cost
25 420
25 420
25 420
25 420
Free-cash
19 002
21 096
15 877
20 066

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32436
₽16415
₽14607
₽22271
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
7 607
social contributions
-
-
-
25 842
solidarity contribution
-
-
-
-
health
-
-
-
11 948
total
-
-
-
45 397
Employee
41 906
-
66 045
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
4 293
-
income
5 029
-
7 925
-
health
5 657
-
8 916
-
total
13 410
-
21 134
-
Employer
41 906
-
66 045
-
health
3 771
-
5 944
-
social contributions
10 476
-
16 511
-
total
14 247
-
22 455
-
Corporate
32 346
88 500
-
-
income
6 146
16 815
-
-
total
6 146
16 815
-
-
Dividends
26 201
71 685
-
-
withholding
3 930
10 753
-
-
total
3 930
10 753
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 733
27 568
43 589
45 397
After tax
50 767
60 932
44 911
43 103
Living cost
28 496
28 496
28 496
28 496
Free-cash
22 271
32 436
16 415
14 607

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19705
-₽2467
₽15370
₽19238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 737
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
355
health
-
-
-
6 771
pensions
-
-
-
16 373
total
-
-
-
43 024
Employee
41 250
37 607
68 721
-
other
412
376
688
-
unemployment
1 237
1 128
2 061
-
pensions
4 224
3 850
7 038
-
income
3 675
2 774
12 353
-
health
1 596
1 456
2 659
-
total
11 144
9 584
24 799
-
Employer
41 250
37 607
68 721
-
chamber of commerce
165
150
274
-
health
1 560
1 422
2 598
-
pensions
5 177
4 721
8 624
-
accident
535
489
894
-
unemployment
1 237
1 128
2 061
-
surtax
-
-
-
-
payroll
1 237
1 128
2 061
-
other
1 959
1 785
3 265
-
total
11 870
10 823
19 777
-
Corporate
35 378
40 070
65 141
-
income

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

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

8 845
10 018
16 285
-
total
8 845
10 018
16 285
-
Dividends
26 534
30 052
-
-
withholding
7 297
8 264
-
-
total
7 297
8 264
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 156
38 689
60 861
43 024
After tax
49 344
49 811
27 639
45 476
Living cost
30 106
30 106
30 106
30 106
Free-cash
19 238
19 705
-2 467
15 370

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72246
₽58971
₽75786
₽70027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
microenterprise

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

-
-
-
885
total
-
-
-
885
Employee
14 787
-
88 500
-
income
2 958
-
17 700
-
total
2 958
-
17 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

73 713
88 500
-
-
total
-
-
-
-
Dividends
73 713
88 500
-
-
withholding
3 686
4 425
-
-
total
3 686
4 425
-
-
Income
88 500
88 500
88 500
88 500
Total tax
6 644
4 425
17 700
885
After tax
81 856
84 075
70 800
87 615
Living cost
11 829
11 829
11 829
11 829
Free-cash
70 027
72 246
58 971
75 786

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35622
₽18197
₽20733
₽27730
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 452
unemployment
-
-
-
133
health
-
-
-
8 709
pensions
-
-
-
16 162
total
-
-
-
42 456
Employee

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

41 729
-
76 577
-
unemployment
59
-
107
-
pensions
6 468
-
11 869
-
income
7 196
-
16 145
-
health
2 695
-
4 948
-
total
16 418
-
33 069
-
Employer

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

41 729
-
76 577
-
health
2 779
-
5 100
-
pensions
3 693
-
6 776
-
unemployment
25
-
47
-
total
6 497
-
11 923
-
Corporate
40 274
88 500
-
-
income
7 652
16 815
-
-
total
7 652
16 815
-
-
Dividends
32 622
71 685
-
-
withholding
4 892
10 752
-
-
total
4 892
10 752
-
-
Income
88 500
88 500
88 500
88 500
Total tax
35 459
27 567
44 992
42 456
After tax
53 041
60 933
43 508
46 044
Living cost
25 311
25 311
25 311
25 311
Free-cash
27 730
35 622
18 197
20 733

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13513
₽35874
₽20830
-₽50865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 251
social contributions
-
-
-
10 089
total
-
-
-
27 340
Employee
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
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
99 035
34 657
12 296
27 340
After tax
-10 535
53 843
76 204
61 160
Living cost
40 330
40 330
40 330
40 330
Free-cash
-50 865
13 513
35 874
20 830

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20738
₽15887
₽20127
₽19789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 020
surtax
-
-
-
-
social contributions

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

-
-
-
30 753
total
-
-
-
38 773
Employee
43 401
-
71 514
-
surtax
-
-
-
-
social contributions
4 774
-
7 867
-
income
9 028
-
18 162
-
total
13 802
-
26 029
-
Employer
43 401
-
71 514
-
social contributions
10 308
-
16 984
-
total
10 308
-
16 984
-
Corporate
34 791
88 500
-
-
income
7 306
18 585
-
-
surtax
-
-
-
-
total
7 306
18 585
-
-
Dividends
27 484
69 915
-
-
withholding
7 695
19 577
-
-
total
7 695
19 577
-
-
Income
88 500
88 500
88 500
88 500
Total tax
39 111
38 162
43 013
38 773
After tax
49 389
50 338
45 487
49 727
Living cost
29 600
29 600
29 600
29 600
Free-cash
19 789
20 738
15 887
20 127

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
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.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽975
₽5000
₽5553
₽5512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 600
other
-
-
-
2 745
surtax
-
-
-
-
social contributions
-
-
-
2 521
health
-
-
-
1 316
pensions
-
-
-
23 187
total
-
-
-
37 369
Employee
59 104
-
67 437
-
pensions
6 685
-
7 627
-
surtax
-
-
-
-
social contributions
1 683
-
1 922
-
income
5 157
-
7 315
-
total
13 525
-
16 864
-
Employer
59 104
-
67 437
-
health
4 137
-
4 721
-
pensions
9 711
-
11 078
-
unemployment
2 394
-
2 731
-
social contributions
177
-
202
-
other
2 040
-
2 326
-
total
18 459
-
21 058
-
Corporate
10 937
88 500
-
-
income
3 062
24 779
-
-
surtax
-
-
-
-
total
3 062
24 779
-
-
Dividends
7 875
63 721
-
-
surtax
-
-
-
-
social contributions
1 356
10 961
-
-
withholding
1 008
8 157
-
-
total
2 364
19 118
-
-
Income
88 500
88 500
88 500
88 500
Total tax
37 410
43 897
37 922
37 369
After tax
51 090
44 603
50 578
51 131
Living cost
45 578
45 578
45 578
45 578
Free-cash
5 512
-975
5 000
5 553

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51284
₽41842
₽39363
₽48114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 302
social contributions
-
-
-
19 469
total
-
-
-
20 771
Employee
30 338
-
76 624
-
income
-
-
1 434
-
social contributions
1 972
-
4 982
-
total
1 972
-
6 416
-
Employer
30 338
-
76 624
-
social contributions
4 703
-
11 876
-
total
4 703
-
11 876
-
Corporate
53 459
88 500
-
-
income
5 345
8 850
-
-
total
5 345
8 850
-
-
Dividends
48 114
79 650
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
12 020
8 850
18 292
20 771
After tax
76 480
79 650
70 208
67 729
Living cost
28 366
28 366
28 366
28 366
Free-cash
48 114
51 284
41 842
39 363

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽117092
-₽117092
₽9793
-₽117092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
labour market
-
-
-
7 015
municipal
-
-
-
16 133
national
-
-
-
9 297
pensions
-
-
-
818
total
-
-
-
33 263
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
88 500
88 500
88 500
88 500
Total tax
160 148
160 148
160 148
33 263
After tax
-71 648
-71 648
-71 648
55 237
Living cost
45 444
45 444
45 444
45 444
Free-cash
-117 092
-117 092
-117 092
9 793

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13491
₽24623
₽40125
₽4000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
accident
-
-
-
241
income
-
-
-
21 077
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
27 716
Employee
32 498
-
74 913
-
pensions
3 660
-
7 272
-
income
4 458
-
13 781
-
health
3 721
-
8 578
-
total
11 839
-
29 631
-
Employer
32 498
-
74 913
-
pensions
5 284
-
10 501
-
accident
543
-
1 251
-
unemployment
796
-
1 835
-
total
6 623
-
13 587
-
Corporate
49 379
88 500
-
-
income

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

44 441
79 650
-
-
total
44 441
79 650
-
-
Dividends
4 938
8 850
-
-
withholding
938
1 682
-
-
total
938
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
63 841
81 332
43 218
27 716
After tax
24 659
7 168
45 282
60 784
Living cost
20 659
20 659
20 659
20 659
Free-cash
4 000
-13 491
24 623
40 125

Estimated living cost  is ₽20659 per week

₽15037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽388
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽23063
₽14725
₽27271
₽20403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
88 500
health
-
-
-
969
municipal
-
-
-
15 755
national
-
-
-
8 275
total
-
-
-
24 999
Employee
49 648
-
74 451
-
municipal
8 132
-
12 159
-
unemployment
745
-
1 117
-
pensions
3 351
-
5 025
-
national
820
-
4 443
-
health
371
-
752
-
total
13 419
-
23 496
-
Employer
49 648
-
74 451
-
health
381
-
573
-
pensions
8 614
-
12 917
-
accident
50
-
75
-
unemployment
322
-
484
-
total
9 367
-
14 049
-
Corporate
29 484
88 500
-
-
income
5 897
17 700
-
-
total
5 897
17 700
-
-
Dividends

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

17 690
53 100
-
-
municipal
3 184
9 557
-
-
national
-
1 950
-
-
total
3 184
11 507
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 867
29 207
37 545
24 999
After tax
56 633
59 293
50 955
63 501
Living cost
36 230
36 230
36 230
36 230
Free-cash
20 403
23 063
14 725
27 271

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42967
₽41643
₽41735
₽37831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
8 855
social contributions
-
-
-
13 805
health
-
-
-
2 256
total
-
-
-
24 916
Employee
72 564
72 564
80 345
-
social contributions
2 743
6 022
6 669
-
income
7 901
6 717
8 818
-
health
562
1 234
1 366
-
total
11 206
13 973
16 853
-
Employer
72 564
72 564
80 345
-
health
611
1 343
1 486
-
social contributions
2 743
6 022
6 669
-
total
3 354
7 365
8 155
-
Corporate
52 091
8 571
-
-
income
6 511
1 071
-
-
total
6 511
1 071
-
-
Dividends
45 579
7 500
-
-
withholding
7 749
1 275
-
-
total
7 749
1 275
-
-
Income
88 500
88 500
88 500
88 500
Total tax
28 820
23 684
25 008
24 916
After tax
59 680
64 816
63 492
63 584
Living cost
21 849
21 849
21 849
21 849
Free-cash
37 831
42 967
41 643
41 735

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
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.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58305
₽39623
₽55709
₽53504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 363
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
17 808
Employee

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

21 660
-
80 236
-
unemployment
107
-
401
-
pensions
3 248
-
12 036
-
income
1 481
-
6 374
-
health
1 841
-
6 819
-
total
6 677
-
25 630
-
Employer

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

21 660
-
80 236
-
health
931
-
3 451
-
pensions
1 191
-
4 412
-
unemployment
107
-
401
-
total
2 229
-
8 264
-
Corporate
64 610
88 500
-
-
income
5 815
7 965
-
-
total
5 815
7 965
-
-
Dividends
58 795
80 535
-
-
withholding
5 292
7 247
-
-
total
5 292
7 247
-
-
Income
88 500
88 500
88 500
88 500
Total tax
20 013
15 212
33 894
17 808
After tax
68 487
73 288
54 606
70 692
Living cost
14 983
14 983
14 983
14 983
Free-cash
53 504
58 305
39 623
55 709

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33693
₽21327
₽20917
₽28743
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 393
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 633
Employee
34 893
-
67 105
-
other
34
-
66
-
unemployment
541
-
1 040
-
pensions
1 640
-
3 154
-
income
6 727
-
15 568
-
total
8 942
-
19 828
-
Employer
34 893
-
67 105
-
pensions
8 234
-
15 838
-
accident
691
-
1 329
-
unemployment
1 920
-
3 691
-
other
279
-
537
-
total
11 124
-
21 395
-
Corporate
42 483
88 500
-
-
income

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

6 372
13 275
-
-
total
6 372
13 275
-
-
Dividends
36 111
75 225
-
-
withholding
7 369
15 582
-
-
total
7 369
15 582
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 807
28 857
41 223
41 633
After tax
54 693
59 643
47 277
46 867
Living cost
25 950
25 950
25 950
25 950
Free-cash
28 743
33 693
21 327
20 917

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53319
₽54367
₽54502
₽53006
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 697
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
32 093
Employee
2 901
-
86 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
29 624
-
health
145
-
347
-
total
996
-
30 665
-
Employer
2 901
-
86 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
84 946
88 500
-
-
income
18 688
19 470
-
-
total
18 688
19 470
-
-
Dividends
66 258
69 030
-
-
withholding
13 252
13 806
-
-
total
13 252
13 806
-
-
Income
88 500
88 500
88 500
88 500
Total tax
33 589
33 276
32 228
32 093
After tax
54 911
55 224
56 272
56 407
Living cost
1 905
1 905
1 905
1 905
Free-cash
53 006
53 319
54 367
54 502

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47620
₽29787
₽29788
₽42977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 027
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
42 391
Employee

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

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

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

24 612
-
76 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
16 027
-
health
1 267
-
3 592
-
total
8 291
-
29 907
-
Employer

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

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

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

24 612
-
76 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
59 483
88 500
-
-
income
8 922
13 275
-
-
total
8 922
13 275
-
-
Dividends
50 560
75 225
-
-
withholding
7 584
11 284
-
-
total
7 584
11 284
-
-
Income
88 500
88 500
88 500
88 500
Total tax
29 202
24 559
42 392
42 391
After tax
59 298
63 941
46 108
46 109
Living cost
16 321
16 321
16 321
16 321
Free-cash
42 977
47 620
29 787
29 788

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24897
₽20046
₽24286
₽24559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 020
surtax
-
-
-
-
social contributions

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

-
-
-
30 753
total
-
-
-
38 773
Employee
36 626
-
71 514
-
surtax
-
-
-
-
social contributions
4 029
-
7 867
-
income
7 156
-
18 162
-
total
11 185
-
26 029
-
Employer
36 626
-
71 514
-
social contributions
8 698
-
16 984
-
total
8 698
-
16 984
-
Corporate
43 176
88 500
-
-
income
9 067
18 585
-
-
surtax
-
-
-
-
total
9 067
18 585
-
-
Dividends
34 110
69 915
-
-
withholding
9 550
19 577
-
-
total
9 550
19 577
-
-
Income
88 500
88 500
88 500
88 500
Total tax
38 500
38 162
43 013
38 773
After tax
50 000
50 338
45 487
49 727
Living cost
25 441
25 441
25 441
25 441
Free-cash
24 559
24 897
20 046
24 286

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26478
₽14112
₽13702
₽19282
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 393
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 633
Employee
45 575
-
67 105
-
other
45
-
66
-
unemployment
706
-
1 040
-
pensions
2 142
-
3 154
-
income
9 519
-
15 568
-
total
12 412
-
19 828
-
Employer
45 575
-
67 105
-
pensions
10 755
-
15 838
-
accident
903
-
1 329
-
unemployment
2 507
-
3 691
-
other
365
-
537
-
total
14 530
-
21 395
-
Corporate
28 395
88 500
-
-
income

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

4 258
13 275
-
-
total
4 258
13 275
-
-
Dividends
24 136
75 225
-
-
withholding
4 853
15 582
-
-
total
4 853
15 582
-
-
Income
88 500
88 500
88 500
88 500
Total tax
36 053
28 857
41 223
41 633
After tax
52 447
59 643
47 277
46 867
Living cost
33 165
33 165
33 165
33 165
Free-cash
19 282
26 478
14 112
13 702

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59437
₽52825
₽50194
₽53687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
13 275
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
22 075
Employee
21 492
-
82 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
8 204
-
health
989
-
1 516
-
total
5 262
-
12 977
-
Employer
21 492
-
82 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
62 791
88 500
-
-
income
6 279
8 850
-
-
total
6 279
8 850
-
-
Dividends
56 512
79 650
-
-
withholding
2 825
3 982
-
-
total
2 825
3 982
-
-
Income
88 500
88 500
88 500
88 500
Total tax
18 582
12 832
19 444
22 075
After tax
69 918
75 668
69 056
66 425
Living cost
16 231
16 231
16 231
16 231
Free-cash
53 687
59 437
52 825
50 194

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9243
₽27257
₽20853
₽21588
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
88 500
income

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

-
-
-
17 406
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.

-
-
-
958
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.

-
-
-
6 447
trade
-
-
-
6 404
total
-
-
-
31 215
Employee

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

46 953
-
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.

213
-
958
-
income

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

3 861
-
17 406
-
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.

6 447
-
6 447
-
total
10 521
-
24 811
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 547
88 500
-
-
income
6 232
13 275
-
-
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.

342
731
-
-
chamber of commerce
204
272
-
-
trade
5 962
12 700
-
-
total
12 740
26 978
-
-
Dividends
28 807
61 522
-
-
surtax

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

376
826
-
-
withholding
6 843
15 021
-
-
total
7 219
15 847
-
-
Income
88 500
88 500
88 500
88 500
Total tax
30 480
42 825
24 811
31 215
After tax
58 020
45 675
63 689
57 285
Living cost
36 432
36 432
36 432
36 432
Free-cash
21 588
9 243
27 257
20 853

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
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.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8194
₽7194
₽7194
₽10277
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
income
-
-
-
19 803
social contributions
-
-
-
7 748
total
-
-
-
27 551
Employee
73 816
-
88 500
-
income
13 929
-
19 803
-
social contributions
6 133
-
7 748
-
total
20 062
-
27 551
-
Employer
73 816
-
88 500
-
total
-
-
-
-
Corporate
14 684
88 500
-
-
income
1 836
11 062
-
-
total
1 836
11 062
-
-
Dividends
12 849
77 438
-
-
withholding
2 570
15 489
-
-
total
2 570
15 489
-
-
Income
88 500
88 500
88 500
88 500
Total tax
24 468
26 551
27 551
27 551
After tax
64 032
61 949
60 949
60 949
Living cost
53 755
53 755
53 755
53 755
Free-cash
10 277
8 194
7 194
7 194

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18284
₽30649
₽21674
₽22584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
88 500
income
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
84 159
-
income
4 697
-
14 914
-
social contributions
4 337
-
4 341
-
total
9 034
-
19 255
-
Employer
43 290
-
84 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
40 873
88 500
-
-
income
14 305
30 975
-
-
total
14 305
30 975
-
-
Dividends
26 568
57 525
-
-
social contributions
3 985
4 986
-
-
total
3 985
4 986
-
-
Income
88 500
88 500
88 500
88 500
Total tax
31 661
35 961
23 596
32 571
After tax
56 839
52 539
64 904
55 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
22 584
18 284
30 649
21 674

Estimated living cost  is ₽34255 per week

₽22564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2701
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽31307
₽20659
₽29854
₽26045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 299
pensions
-
-
-
6 393
total
-
-
-
23 692
Employee
47 979
-
78 026
-
pensions
3 662
-
7 268
-
income
8 737
-
13 904
-
health
626
-
1 241
-
total
13 025
-
22 413
-
Employer
47 979
-
78 026
-
health
912
-
1 482
-
pensions
4 847
-
8 992
-
total
5 759
-
10 474
-
Corporate
34 761
88 500
-
-
income

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

6 605
16 816
-
-
total
6 605
16 816
-
-
Dividends
28 157
71 684
-
-
withholding
2 112
5 423
-
-
total
2 112
5 423
-
-
Income
88 500
88 500
88 500
88 500
Total tax
27 501
22 239
32 887
23 692
After tax
60 999
66 261
55 613
64 808
Living cost
34 954
34 954
34 954
34 954
Free-cash
26 045
31 307
20 659
29 854

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15536
₽22578
₽38080
₽3686
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
accident
-
-
-
241
income
-
-
-
21 077
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
27 716
Employee
35 715
-
74 913
-
pensions
4 022
-
7 272
-
income
4 900
-
13 781
-
health
4 089
-
8 578
-
total
13 011
-
29 631
-
Employer
35 715
-
74 913
-
pensions
5 807
-
10 501
-
accident
596
-
1 251
-
unemployment
875
-
1 835
-
total
7 278
-
13 587
-
Corporate
45 507
88 500
-
-
income

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

40 956
79 650
-
-
total
40 956
79 650
-
-
Dividends
4 551
8 850
-
-
withholding
865
1 682
-
-
total
865
1 682
-
-
Income
88 500
88 500
88 500
88 500
Total tax
62 110
81 332
43 218
27 716
After tax
26 390
7 168
45 282
60 784
Living cost
22 704
22 704
22 704
22 704
Free-cash
3 686
-15 536
22 578
38 080

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61725
₽41582
₽37999
₽57888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
88 500
income
-
-
-
13 416
unemployment
-
-
-
1 062
work injury
-
-
-
442
health insurance
-
-
-
6 549
pensions
-
-
-
16 284
total
-
-
-
37 753
Employee

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

20 397
-
88 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
13 416
-
total
7 649
-
34 170
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
68 103
88 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
885
-
-
total
-
885
-
-
Dividends
68 103
87 615
-
-
withholding
10 215
13 142
-
-
total
10 215
13 142
-
-
Income
88 500
88 500
88 500
88 500
Total tax
17 864
14 027
34 170
37 753
After tax
70 636
74 473
54 330
50 747
Living cost
12 748
12 748
12 748
12 748
Free-cash
57 888
61 725
41 582
37 999

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9021
₽3402
₽7450
₽4729
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
88 500
social contributions
-
-
-
22 763
regional
-
-
-
1 713
municipal
-
-
-
591
national
-
-
-
18 390
total
-
-
-
43 457
Employee
79 519
-
88 500
-
municipal
475
-
528
-
national
13 438
-
15 700
-
regional
1 201
-
1 435
-
social contributions
26 813
-
29 842
-
total
41 927
-
47 505
-
Employer
79 519
-
88 500
-
total
-
-
-
-
Corporate
8 981
88 500
-
-
municipal
433
4 266
-
-
nationa
2 156
21 241
-
-
total
2 589
25 507
-
-
Dividends
6 391
62 994
-
-
withholding
1 662
16 379
-
-
total
1 662
16 379
-
-
Income
88 500
88 500
88 500
88 500
Total tax
46 178
41 886
47 505
43 457
After tax
42 322
46 614
40 995
45 043
Living cost
37 593
37 593
37 593
37 593
Free-cash
4 729
9 021
3 402
7 450

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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