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
₽ 89500
per

Your estimated
City
free-cash

Dresden , Germany
₽14717
₽25884
₽27704
₽34411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
trade
-
-
-
6 707
income

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

-
-
-
16 709
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.

-
-
-
6 894
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.

-
-
-
919
total
-
-
-
31 229
Employee

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

38 599
-
89 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
919
-
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.

1 078
-
16 709
-
total
8 031
-
24 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 901
89 500
-
-
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.

419
739
-
-
income
7 635
13 425
-
-
trade
8 017
14 097
-
-
chamber of commerce
226
282
-
-
total
16 297
28 543
-
-
Dividends
34 604
60 958
-
-
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.

454
818
-
-
withholding
8 267
14 855
-
-
total
8 721
15 673
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 049
44 216
24 522
31 229
After tax
56 451
45 284
64 978
58 271
Living cost
30 567
30 567
30 567
30 567
Free-cash
25 884
14 717
34 411
27 704

Estimated living cost  is ₽30567 per week

₽19227
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.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4854
₽3276
₽3389
₽4091
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
9 184
pensions
-
-
-
10 740
national
-
-
-
14 231
social contributions
-
-
-
962
total
-
-
-
35 117
Employee
79 050
-
77 372
-
municipal
9 764
-
9 530
-
pensions
3 162
-
3 095
-
national
15 130
-
14 768
-
total
28 056
-
27 393
-
Employer
79 050
-
77 372
-
social contributions
850
-
832
-
pensions
6 324
-
6 190
-
total
7 174
-
7 022
-
Corporate
-
89 500
-
-
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%.

-
17 900
-
-
total
-
17 900
-
-
Dividends
-
71 600
-
-
withholding
-
15 752
-
-
total
-
15 752
-
-
Income
89 500
89 500
89 500
89 500
Total tax
35 230
33 652
34 415
35 117
After tax
54 270
55 848
55 085
54 383
Living cost
50 994
50 994
50 994
50 994
Free-cash
3 276
4 854
4 091
3 389

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50605
₽42328
₽26914
₽29581
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
microenterprise
-
-
-
-
income
-
-
-
12 817
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.

-
-
-
28 774
total
-
-
-
41 591
Employee
29 488
-
72 124
-
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.

3 244
-
7 934
-
surtax
-
-
-
-
income
5 249
-
13 614
-
total
8 493
-
21 548
-
Employer
29 488
-
72 124
-
social contributions

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

7 103
-
17 376
-
surtax
-
-
-
-
total
7 103
-
17 376
-
Corporate
52 909
89 500
-
-
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%.

10 581
17 900
-
-
total
10 581
17 900
-
-
Dividends

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

42 328
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
26 177
17 900
38 924
41 591
After tax
63 323
71 600
50 576
47 909
Living cost
20 995
20 995
20 995
20 995
Free-cash
42 328
50 605
29 581
26 914

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5046
-₽10711
₽8590
-₽10711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
15 370
pensions
-
-
-
11 824
health
-
-
-
11 441
total
-
-
-
38 635
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
57 936
52 271
57 936
38 635
After tax
31 564
37 229
31 564
50 865
Living cost
42 276
42 276
42 276
42 276
Free-cash
-10 711
-5 046
-10 711
8 590

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9877
₽9001
₽6447
₽8804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
19 307
accident
-
-
-
171
pensions
-
-
-
9 237
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
44 063
Employee
55 558
-
68 102
-
municipal
16 567
-
20 308
-
national
-
-
-
-
total
16 567
-
20 308
-
Employer
55 558
-
68 102
-
accident
111
-
136
-
other
6 456
-
7 914
-
unemployment
1 467
-
1 798
-
pensions
6 006
-
7 362
-
health
3 417
-
4 188
-
total
17 457
-
21 398
-
Corporate
16 486
89 500
-
-
income
3 627
19 690
-
-
total
3 627
19 690
-
-
Dividends
12 859
69 810
-
-
withholding
3 858
20 943
-
-
total
3 858
20 943
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 509
40 633
41 706
44 063
After tax
47 991
48 867
47 794
45 437
Living cost
38 990
38 990
38 990
38 990
Free-cash
9 001
9 877
8 804
6 447

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5181
₽19361
₽18329
₽25334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
trade
-
-
-
7 005
income

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

-
-
-
16 709
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.

-
-
-
6 894
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.

-
-
-
919
total
-
-
-
31 527
Employee

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

51 177
-
89 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
919
-
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.

4 397
-
16 709
-
total
11 532
-
24 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 323
89 500
-
-
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.

316
739
-
-
income
5 749
13 425
-
-
trade
6 304
14 723
-
-
chamber of commerce
207
280
-
-
total
12 576
29 167
-
-
Dividends
25 747
60 333
-
-
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.

333
808
-
-
withholding
6 054
14 700
-
-
total
6 387
15 508
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 495
44 675
24 522
31 527
After tax
59 005
44 825
64 978
57 973
Living cost
39 644
39 644
39 644
39 644
Free-cash
19 361
5 181
25 334
18 329

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32848
₽28661
₽32316
₽32228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
8 206
health
-
-
-
2 283
social contributions
-
-
-
13 963
total
-
-
-
24 452
Employee
77 600
77 600
81 252
-
social contributions
3 771
6 440
6 743
-
health
772
1 319
1 381
-
income
8 149
7 183
8 170
-
total
12 692
14 942
16 294
-
Employer
77 600
77 600
81 252
-
social contributions
3 771
6 440
6 743
-
health
841
1 436
1 503
-
total
4 612
7 876
8 246
-
Corporate
39 465
4 023
-
-
income
4 933
504
-
-
total
4 933
504
-
-
Dividends
34 532
3 519
-
-
withholding
5 870
598
-
-
total
5 870
598
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 107
23 920
24 540
24 452
After tax
61 393
65 580
64 960
65 048
Living cost
32 732
32 732
32 732
32 732
Free-cash
28 661
32 848
32 228
32 316

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
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.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32125
₽32506
₽43665
₽33546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
10 941
pensions
-
-
-
8 950
unemployment
-
-
-
1 342
health
-
-
-
6 265
total
-
-
-
27 498
Employee

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
74 895
-
health
1 853
737
5 243
-
income
3 236
1 288
9 156
-
pensions
2 647
1 053
7 490
-
unemployment
397
158
1 123
-
total
8 133
3 236
23 012
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 470
10 535
74 895
-
pensions
5 162
2 054
14 605
-
total
5 162
2 054
14 605
-
Corporate
57 869
76 911
-
-
income
5 208
6 922
-
-
total
5 208
6 922
-
-
Dividends
52 661
69 989
-
-
social contributions
10 148
13 528
-
-
withholding
10 006
13 298
-
-
total
20 154
26 826
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 657
39 038
37 617
27 498
After tax
50 843
50 462
51 883
62 002
Living cost
18 337
18 337
18 337
18 337
Free-cash
32 506
32 125
33 546
43 665

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47225
₽40956
₽23599
₽27210
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
11 994
pensions
-
-
-
17 898
health
-
-
-
11 634
total
-
-
-
41 526
Employee
28 629
-
66 890
-
income
3 223
-
12 896
-
pensions
573
-
1 339
-
unemployment
458
-
1 071
-
total
4 254
-
15 306
-
Employer
28 629
-
66 890
-
unemployment
230
-
534
-
pensions
5 726
-
13 379
-
health
3 721
-
8 696
-
total
9 677
-
22 609
-
Corporate
51 195
89 500
-
-
income
10 238
17 900
-
-
total
10 238
17 900
-
-
Dividends
40 956
71 600
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
24 169
17 900
37 915
41 526
After tax
65 331
71 600
51 585
47 974
Living cost
24 375
24 375
24 375
24 375
Free-cash
40 956
47 225
27 210
23 599

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14820
₽3863
₽39427
₽23482
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
253
income
-
-
-
21 017
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 004
Employee
34 715
-
75 344
-
health
3 975
-
8 627
-
income
4 763
-
13 513
-
pensions
3 909
-
7 653
-
total
12 647
-
29 793
-
Employer
34 715
-
75 344
-
accident
580
-
1 258
-
unemployment
850
-
1 846
-
pensions
5 645
-
11 052
-
total
7 075
-
14 156
-
Corporate
47 710
89 500
-
-
income

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

42 939
80 550
-
-
total
42 939
80 550
-
-
Dividends
4 771
8 950
-
-
withholding
907
1 701
-
-
total
907
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
63 568
82 251
43 949
28 004
After tax
25 932
7 249
45 551
61 496
Living cost
22 069
22 069
22 069
22 069
Free-cash
3 863
-14 820
23 482
39 427

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75946
₽74244
₽79526
₽62521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
89 500
microenterprise

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

-
-
-
895
total
-
-
-
895
Employee
11 349
-
89 500
-
income
2 269
-
17 900
-
total
2 269
-
17 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

78 151
89 500
-
-
total
-
-
-
-
Dividends
78 151
89 500
-
-
withholding
3 908
4 475
-
-
total
3 908
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
6 177
4 475
17 900
895
After tax
83 323
85 025
71 600
88 605
Living cost
9 079
9 079
9 079
9 079
Free-cash
74 244
75 946
62 521
79 526

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38866
₽32049
₽21574
₽25570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
11 368
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.

-
-
-
21 480
other
-
-
-
4 251
health
-
-
-
3 937
total
-
-
-
41 036
Employee
36 642
-
71 485
-
health
513
-
1 002
-
income
6 308
-
12 304
-
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.

2 564
-
5 004
-
unemployment
366
-
714
-
total
9 751
-
19 024
-
Employer
36 642
-
71 485
-
accident
293
-
573
-
other
1 833
-
3 574
-
unemployment
366
-
714
-
pensions

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

6 230
-
12 153
-
health
513
-
1 002
-
total
9 235
-
18 016
-
Corporate
43 624
89 500
-
-
income
9 162
18 795
-
-
total
9 162
18 795
-
-
Dividends
34 462
70 705
-
-
withholding
2 413
4 949
-
-
total
2 413
4 949
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 561
23 744
37 040
41 036
After tax
58 939
65 756
52 460
48 464
Living cost
26 890
26 890
26 890
26 890
Free-cash
32 049
38 866
25 570
21 574

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽670
-₽19457
-₽1218
-₽11290
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
16 626
pensions
-
-
-
6 365
total
-
-
-
22 991
Employee
95 823
-
79 007
-
health
1 579
-
1 236
-
income
17 273
-
14 108
-
pensions
9 244
-
7 226
-
total
28 096
-
22 570
-
Employer
95 823
-
79 007
-
pensions
11 314
-
8 992
-
health
1 820
-
1 501
-
total
13 134
-
10 493
-
Corporate
-
89 500
-
-
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.

-
17 006
-
-
total
-
17 006
-
-
Dividends
-
72 494
-
-
withholding
-
5 437
-
-
total
-
5 437
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 230
22 443
33 063
22 991
After tax
48 270
67 057
56 437
66 509
Living cost
67 727
67 727
67 727
67 727
Free-cash
-19 457
-670
-11 290
-1 218

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽63283
₽58594
₽53419
₽55975
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
13 425
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 842
Employee
17 531
-
82 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 258
-
pensions

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

1 539
-
3 097
-
total
4 291
-
13 365
-
Employer
17 531
-
82 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
68 529
89 500
-
-
income
6 852
8 950
-
-
total
6 852
8 950
-
-
Dividends
61 677
80 550
-
-
withholding
3 084
4 028
-
-
total
3 084
4 028
-
-
Income
89 500
89 500
89 500
89 500
Total tax
17 667
12 978
20 286
22 842
After tax
71 833
76 522
69 214
66 658
Living cost
13 239
13 239
13 239
13 239
Free-cash
58 594
63 283
55 975
53 419

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18731
-₽20444
-₽5095
-₽24396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
15 370
pensions
-
-
-
11 824
health
-
-
-
11 441
total
-
-
-
38 635
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
53 984
52 271
57 936
38 635
After tax
35 516
37 229
31 564
50 865
Living cost
55 960
55 960
55 960
55 960
Free-cash
-20 444
-18 731
-24 396
-5 095

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37451
₽28829
₽19421
₽21248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
7 693
health
-
-
-
12 082
solidarity contribution
-
-
-
-
social contributions
-
-
-
26 134
total
-
-
-
45 909
Employee
35 544
-
66 791
-
social contributions
2 310
-
4 341
-
health
4 798
-
9 017
-
solidarity contribution
-
-
-
-
income
4 265
-
8 015
-
total
11 373
-
21 373
-
Employer
35 544
-
66 791
-
social contributions
8 886
-
16 698
-
health
3 199
-
6 011
-
total
12 085
-
22 709
-
Corporate
41 871
89 500
-
-
income
7 956
17 005
-
-
total
7 956
17 005
-
-
Dividends
33 916
72 495
-
-
withholding
5 087
10 874
-
-
total
5 087
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 501
27 879
44 082
45 909
After tax
52 999
61 621
45 418
43 591
Living cost
24 170
24 170
24 170
24 170
Free-cash
28 829
37 451
21 248
19 421

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5168
-₽188
₽4185
-₽77
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
532
regional
-
-
-
967
national
-
-
-
18 214
social contributions
-
-
-
23 019
total
-
-
-
42 732
Employee
89 689
-
89 500
-
social contributions
30 243
-
30 180
-
regional
846
-
844
-
municipal
475
-
475
-
national
15 541
-
15 495
-
total
47 105
-
46 994
-
Employer
89 689
-
89 500
-
total
-
-
-
-
Corporate
-
89 500
-
-
nationa
-
21 480
-
-
municipal
-
3 491
-
-
total
-
24 971
-
-
Dividends
-
64 529
-
-
withholding
-
16 778
-
-
total
-
16 778
-
-
Income
89 500
89 500
89 500
89 500
Total tax
47 105
41 749
46 994
42 732
After tax
42 395
47 751
42 506
46 768
Living cost
42 583
42 583
42 583
42 583
Free-cash
-188
5 168
-77
4 185

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34027
₽30887
₽24948
₽23230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
16 012
pensions
-
-
-
17 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 354
surtax
-
-
-
1 787
total
-
-
-
42 283
Employee
33 373
-
73 936
-
other
-
-
-
-
health
852
-
1 884
-
surtax
109
-
1 588
-
income
5 594
-
14 888
-
pensions
2 225
-
4 931
-
unemployment
2 323
-
5 146
-
total
11 103
-
28 437
-
Employer
33 373
-
73 936
-
other
-
-
-
-
unemployment
1 057
-
2 344
-
pensions
4 449
-
9 855
-
health
1 519
-
3 365
-
total
7 025
-
15 564
-
Corporate
49 103
89 500
-
-
income
12 766
23 270
-
-
total
12 766
23 270
-
-
Dividends
36 337
66 230
-
-
withholding
5 450
9 934
-
-
total
5 450
9 934
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 344
33 204
44 001
42 283
After tax
53 156
56 296
45 499
47 217
Living cost
22 269
22 269
22 269
22 269
Free-cash
30 887
34 027
23 230
24 948

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20788
₽12819
₽20240
₽10168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
16 626
pensions
-
-
-
6 365
total
-
-
-
22 991
Employee
64 218
-
79 007
-
health
932
-
1 236
-
income
11 566
-
14 108
-
pensions
5 451
-
7 226
-
total
17 949
-
22 570
-
Employer
64 218
-
79 007
-
pensions
6 952
-
8 992
-
health
1 220
-
1 501
-
total
8 172
-
10 493
-
Corporate
17 110
89 500
-
-
income

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

3 252
17 006
-
-
total
3 252
17 006
-
-
Dividends
13 859
72 494
-
-
withholding
1 039
5 437
-
-
total
1 039
5 437
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 412
22 443
33 063
22 991
After tax
59 088
67 057
56 437
66 509
Living cost
46 269
46 269
46 269
46 269
Free-cash
12 819
20 788
10 168
20 240

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35345
-₽8263
-₽1242
-₽5826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
city
-
-
-
942
pensions
-
-
-
8 235
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.

-
-
-
1 790
regional
-
-
-
2 842
health
-
-
-
249
national
-
-
-
411
total
-
-
-
14 469
Employee
89 259
-
80 107
-
city
958
-
860
-
regional
2 923
-
2 427
-
health
202
-
180
-
pensions
7 499
-
6 727
-
unemployment
-
-
-
-
national
422
-
350
-
total
12 004
-
10 544
-
Employer
89 259
-
80 107
-
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.

1 785
-
1 602
-
unemployment
-
-
-
-
pensions
7 499
-
6 727
-
health
202
-
180
-
total
9 486
-
8 509
-
Corporate
-
89 500
-
-
regional
-
18 929
-
-
national
-
7 607
-
-
total
-
26 536
-
-
Dividends
-
62 964
-
-
withholding
-
22 036
-
-
total
-
22 036
-
-
Income
89 500
89 500
89 500
89 500
Total tax
21 490
48 572
19 053
14 469
After tax
68 010
40 928
70 447
75 031
Living cost
76 273
76 273
76 273
76 273
Free-cash
-8 263
-35 345
-5 826
-1 242

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽1867
₽14500
₽11445
₽18748
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
trade
-
-
-
7 302
income

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

-
-
-
16 709
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.

-
-
-
6 894
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.

-
-
-
919
total
-
-
-
31 824
Employee

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

60 649
-
89 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
919
-
income

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

7 132
-
16 709
-
total
14 419
-
24 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
28 851
89 500
-
-
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.

237
739
-
-
income
4 328
13 425
-
-
trade
4 949
15 349
-
-
chamber of commerce
193
280
-
-
total
9 707
29 793
-
-
Dividends
19 143
59 707
-
-
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.

241
801
-
-
withholding
4 403
14 543
-
-
total
4 644
15 344
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 770
45 137
24 522
31 824
After tax
60 730
44 363
64 978
57 676
Living cost
46 230
46 230
46 230
46 230
Free-cash
14 500
-1 867
18 748
11 445

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10579
₽16544
₽17336
₽17207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
6 909
pensions
-
-
-
24 372
other
-
-
-
2 777
health
-
-
-
1 028
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
37 637
Employee
43 191
-
68 198
-
social contributions
1 231
-
1 944
-
surtax
-
-
-
-
income
2 549
-
6 808
-
pensions
4 883
-
7 712
-
total
8 663
-
16 464
-
Employer
43 191
-
68 198
-
other
1 490
-
2 354
-
social contributions
130
-
205
-
unemployment
1 748
-
2 762
-
pensions
7 095
-
11 207
-
health
3 024
-
4 774
-
total
13 487
-
21 302
-
Corporate
32 821
89 500
-
-
surtax
-
-
-
-
income
9 191
25 061
-
-
total
9 191
25 061
-
-
Dividends
23 631
64 439
-
-
surtax
-
-
-
-
social contributions
4 064
11 085
-
-
withholding
3 024
8 248
-
-
total
7 088
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 429
44 394
37 766
37 637
After tax
51 071
45 106
51 734
51 863
Living cost
34 527
34 527
34 527
34 527
Free-cash
16 544
10 579
17 207
17 336

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14000
₽19610
₽20757
₽20628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
6 909
pensions
-
-
-
24 372
other
-
-
-
2 777
health
-
-
-
1 028
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
37 637
Employee
38 554
-
68 198
-
social contributions
1 099
-
1 944
-
surtax
-
-
-
-
income
1 988
-
6 808
-
pensions
4 361
-
7 712
-
total
7 448
-
16 464
-
Employer
38 554
-
68 198
-
other
1 331
-
2 354
-
social contributions
115
-
205
-
unemployment
1 561
-
2 762
-
pensions
6 335
-
11 207
-
health
2 698
-
4 774
-
total
12 040
-
21 302
-
Corporate
38 906
89 500
-
-
surtax
-
-
-
-
income
10 893
25 061
-
-
total
10 893
25 061
-
-
Dividends
28 013
64 439
-
-
surtax
-
-
-
-
social contributions
4 818
11 085
-
-
withholding
3 585
8 248
-
-
total
8 403
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 784
44 394
37 766
37 637
After tax
50 716
45 106
51 734
51 863
Living cost
31 106
31 106
31 106
31 106
Free-cash
19 610
14 000
20 628
20 757

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33202
₽33727
₽36079
₽36826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
13 425
health
-
-
-
6 247
social contributions
-
-
-
12 350
total
-
-
-
32 022
Employee
34 217
-
89 500
-
social contributions
4 723
-
12 350
-
health
2 388
-
6 247
-
income
5 707
-
12 678
-
total
12 818
-
31 275
-
Employer
34 217
-
89 500
-
total
-
-
-
-
Corporate
55 283
89 500
-
-
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%.

2 763
4 476
-
-
total
2 763
4 476
-
-
Dividends
52 520
85 024
-
-
health
3 665
5 935
-
-
social contributions
7 249
11 734
-
-
withholding
7 879
12 754
-
-
total
18 793
30 423
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 374
34 899
31 275
32 022
After tax
55 126
54 601
58 225
57 478
Living cost
21 399
21 399
21 399
21 399
Free-cash
33 727
33 202
36 826
36 079

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14802
₽13244
₽10695
-₽6312
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
chamber of commerce
-
-
-
358
income
-
-
-
13 095
pensions
-
-
-
16 558
unemployment
-
-
-
6 190
health
-
-
-
6 846
surtax
-
-
-
199
total
-
-
-
43 246
Employee
50 434
40 217
69 344
-
other
504
402
693
-
health
1 951
1 557
2 683
-
income
5 741
2 966
11 161
-
pensions
5 165
4 117
7 101
-
unemployment
1 513
1 207
2 080
-
total
14 874
10 249
23 718
-
Employer
50 434
40 217
69 344
-
accident
655
523
902
-
other
2 396
1 909
3 294
-
chamber of commerce
201
161
278
-
unemployment
1 513
1 207
2 080
-
surtax
199
199
199
-
pensions
6 329
5 048
8 702
-
payroll
1 513
1 207
2 080
-
health
1 906
1 521
2 622
-
total
14 712
11 775
20 157
-
Corporate
24 355
37 509
65 514
-
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.

6 088
9 378
16 378
-
total
6 088
9 378
16 378
-
Dividends
18 267
28 131
-
-
withholding
5 023
7 737
-
-
total
5 023
7 737
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 697
39 139
60 253
43 246
After tax
48 803
50 361
29 247
46 254
Living cost
35 559
35 559
35 559
35 559
Free-cash
13 244
14 802
-6 312
10 695

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13441
-₽3699
₽6565
-₽1221
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
national
-
-
-
28 224
communal

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

-
-
-
4 569
social contributions
-
-
-
13 346
total
-
-
-
46 139
Employee

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

72 186
-
69 321
-
communal

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

3 765
-
3 616
-
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.

3 392
-
3 258
-
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.

5 414
-
5 199
-
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.

628
-
603
-
national
22 193
-
21 071
-
total
35 392
-
33 747
-
Employer

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

72 186
-
69 321
-
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.

938
-
902
-
unemployment

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

1 053
-
1 011
-
surtax
8 185
-
7 860
-
pensions

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

6 396
-
6 142
-
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.

4 439
-
4 263
-
total
21 011
-
20 178
-
Corporate
-
89 500
-
-
surtax
-
358
-
-
income
-
17 900
-
-
total
-
18 258
-
-
Dividends
-
71 242
-
-
withholding

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

-
21 005
-
-
total
-
21 005
-
-
Income
89 500
89 500
89 500
89 500
Total tax
56 403
39 263
53 925
46 139
After tax
33 097
50 237
35 575
43 361
Living cost
36 796
36 796
36 796
36 796
Free-cash
-3 699
13 441
-1 221
6 565

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23884
₽15846
₽10923
₽11558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
806
income
-
-
-
15 281
pensions
-
-
-
25 329
other
-
-
-
90
unemployment
-
-
-
626
total
-
-
-
42 132
Employee
50 234
-
67 863
-
other
50
-
67
-
income
10 599
-
15 553
-
pensions
2 361
-
3 189
-
unemployment
779
-
1 051
-
total
13 789
-
19 860
-
Employer
50 234
-
67 863
-
accident
994
-
1 344
-
other
400
-
544
-
unemployment
2 763
-
3 733
-
pensions
11 854
-
16 016
-
total
16 011
-
21 637
-
Corporate
23 254
89 500
-
-
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.

3 487
13 425
-
-
total
3 487
13 425
-
-
Dividends
19 767
76 075
-
-
withholding
3 922
15 746
-
-
total
3 922
15 746
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 209
29 171
41 497
42 132
After tax
52 291
60 329
48 003
47 368
Living cost
36 445
36 445
36 445
36 445
Free-cash
15 846
23 884
11 558
10 923

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽257
-₽6083
-₽2334
₽1994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
755
income
-
-
-
6 439
pensions
-
-
-
13 415
health
-
-
-
6 289
surtax
-
-
-
4 437
communal
-
-
-
5 657
total
-
-
-
36 992
Employee
76 423
-
79 946
-
health
3 401
-
3 556
-
surtax
4 684
-
4 899
-
income
7 382
-
8 259
-
pensions
6 113
-
6 396
-
total
21 580
-
23 110
-
Employer
76 423
-
79 946
-
accident
688
-
720
-
pensions
6 113
-
6 396
-
health
2 331
-
2 438
-
total
9 132
-
9 554
-
Corporate
3 945
89 500
-
-
surtax
42
940
-
-
communal
-
6 042
-
-
income
592
13 425
-
-
total
634
20 407
-
-
Dividends
3 311
69 093
-
-
income
8 899
3 630
-
-
withholding
496
10 364
-
-
total
9 395
13 994
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 741
34 401
32 664
36 992
After tax
48 759
55 099
56 836
52 508
Living cost
54 842
54 842
54 842
54 842
Free-cash
-6 083
257
1 994
-2 334

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33629
₽30419
₽24550
₽22832
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
16 012
pensions
-
-
-
17 900
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 354
surtax
-
-
-
1 787
total
-
-
-
42 283
Employee
33 985
-
73 936
-
other
-
-
-
-
health
868
-
1 884
-
surtax
121
-
1 588
-
income
5 697
-
14 888
-
pensions
2 267
-
4 931
-
unemployment
2 365
-
5 146
-
total
11 318
-
28 437
-
Employer
33 985
-
73 936
-
other
-
-
-
-
unemployment
1 078
-
2 344
-
pensions
4 531
-
9 855
-
health
1 545
-
3 365
-
total
7 154
-
15 564
-
Corporate
48 360
89 500
-
-
income
12 574
23 270
-
-
total
12 574
23 270
-
-
Dividends
35 786
66 230
-
-
withholding
5 368
9 934
-
-
total
5 368
9 934
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 414
33 204
44 001
42 283
After tax
53 086
56 296
45 499
47 217
Living cost
22 667
22 667
22 667
22 667
Free-cash
30 419
33 629
22 832
24 550

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19857
₽17617
₽19201
₽14962
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
532
regional
-
-
-
1 349
national
-
-
-
18 214
social contributions
-
-
-
23 019
total
-
-
-
43 114
Employee
55 980
-
89 500
-
social contributions
18 877
-
30 180
-
regional
754
-
1 203
-
municipal
297
-
475
-
national
8 869
-
15 495
-
total
28 797
-
47 353
-
Employer
55 980
-
89 500
-
total
-
-
-
-
Corporate
33 520
89 500
-
-
nationa
8 045
21 480
-
-
municipal
1 666
4 449
-
-
total
9 711
25 929
-
-
Dividends
23 809
63 572
-
-
withholding
6 190
16 529
-
-
total
6 190
16 529
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 698
42 458
47 353
43 114
After tax
44 802
47 042
42 147
46 386
Living cost
27 185
27 185
27 185
27 185
Free-cash
17 617
19 857
14 962
19 201

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31838
₽21212
₽13808
₽15635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
7 693
health
-
-
-
12 082
solidarity contribution
-
-
-
-
social contributions
-
-
-
26 134
total
-
-
-
45 909
Employee
43 799
-
66 791
-
social contributions
2 847
-
4 341
-
health
5 913
-
9 017
-
solidarity contribution
-
-
-
-
income
5 256
-
8 015
-
total
14 016
-
21 373
-
Employer
43 799
-
66 791
-
social contributions
10 950
-
16 698
-
health
3 942
-
6 011
-
total
14 892
-
22 709
-
Corporate
30 809
89 500
-
-
income
5 854
17 005
-
-
total
5 854
17 005
-
-
Dividends
24 955
72 495
-
-
withholding
3 743
10 874
-
-
total
3 743
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 505
27 879
44 082
45 909
After tax
50 995
61 621
45 418
43 591
Living cost
29 783
29 783
29 783
29 783
Free-cash
21 212
31 838
15 635
13 808

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18274
₽17775
₽14257
-₽2907
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
chamber of commerce
-
-
-
358
income
-
-
-
13 095
pensions
-
-
-
16 558
unemployment
-
-
-
6 190
health
-
-
-
6 846
surtax
-
-
-
-
total
-
-
-
43 047
Employee
44 114
40 217
69 499
-
other
440
402
695
-
health
1 706
1 557
2 689
-
income
3 930
2 966
11 205
-
pensions
4 518
4 117
7 116
-
unemployment
1 323
1 207
2 086
-
total
11 917
10 249
23 791
-
Employer
44 114
40 217
69 499
-
accident
573
523
904
-
other
2 095
1 909
3 300
-
chamber of commerce
176
161
278
-
unemployment
1 323
1 207
2 086
-
surtax
-
-
-
-
pensions
5 537
5 048
8 721
-
payroll
1 323
1 207
2 086
-
health
1 668
1 521
2 627
-
total
12 695
11 576
20 002
-
Corporate
32 691
37 708
65 669
-
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.

8 174
9 428
16 418
-
total
8 174
9 428
16 418
-
Dividends
24 518
28 280
-
-
withholding
6 743
7 777
-
-
total
6 743
7 777
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 529
39 030
60 211
43 047
After tax
49 971
50 470
29 289
46 453
Living cost
32 196
32 196
32 196
32 196
Free-cash
17 775
18 274
-2 907
14 257

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽70876
₽68223
₽74456
₽57451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
89 500
microenterprise

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

-
-
-
895
total
-
-
-
895
Employee
17 686
-
89 500
-
income
3 537
-
17 900
-
total
3 537
-
17 900
-
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%.

71 814
89 500
-
-
total
-
-
-
-
Dividends
71 814
89 500
-
-
withholding
3 591
4 475
-
-
total
3 591
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
7 128
4 475
17 900
895
After tax
82 372
85 025
71 600
88 605
Living cost
14 149
14 149
14 149
14 149
Free-cash
68 223
70 876
57 451
74 456

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34554
₽26112
₽19739
₽17174
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
income
-
-
-
17 407
pensions
-
-
-
16 345
unemployment
-
-
-
134
health
-
-
-
8 807
total
-
-
-
42 693
Employee

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

44 626
-
77 443
-
health
2 882
-
5 002
-
income
7 696
-
16 086
-
pensions
6 917
-
12 004
-
unemployment
63
-
109
-
total
17 558
-
33 201
-
Employer

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

44 626
-
77 443
-
unemployment
27
-
46
-
pensions
3 949
-
6 854
-
health
2 972
-
5 157
-
total
6 948
-
12 057
-
Corporate
37 926
89 500
-
-
income
7 206
17 004
-
-
total
7 206
17 004
-
-
Dividends
30 720
72 496
-
-
withholding
4 608
10 874
-
-
total
4 608
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 320
27 878
45 258
42 693
After tax
53 180
61 622
44 242
46 807
Living cost
27 068
27 068
27 068
27 068
Free-cash
26 112
34 554
17 174
19 739

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
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.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10872
-₽61094
₽18272
₽32633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
17 445
social contributions
-
-
-
10 203
total
-
-
-
27 648
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
89 500
-
-
income
-
19 690
-
-
total
-
19 690
-
-
Dividends
-
69 810
-
-
income
-
15 358
-
-
total
-
15 358
-
-
Income
89 500
89 500
89 500
89 500
Total tax
107 014
35 048
13 287
27 648
After tax
-17 514
54 452
76 213
61 852
Living cost
43 580
43 580
43 580
43 580
Free-cash
-61 094
10 872
32 633
18 272

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19253
₽18238
₽18759
₽14660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
income
-
-
-
7 986
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
39 087
Employee
46 414
-
72 324
-
social contributions
5 106
-
7 955
-
surtax
-
-
-
-
income
9 654
-
18 055
-
total
14 760
-
26 010
-
Employer
46 414
-
72 324
-
social contributions
11 023
-
17 176
-
total
11 023
-
17 176
-
Corporate
32 063
89 500
-
-
surtax
-
-
-
-
income
6 733
18 795
-
-
total
6 733
18 795
-
-
Dividends
25 329
70 705
-
-
withholding
7 092
19 798
-
-
total
7 092
19 798
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 608
38 593
43 186
39 087
After tax
49 892
50 907
46 314
50 413
Living cost
31 654
31 654
31 654
31 654
Free-cash
18 238
19 253
14 660
18 759

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3635
₽3304
₽3122
₽2992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
6 909
pensions
-
-
-
24 372
other
-
-
-
2 777
health
-
-
-
1 028
surtax
-
-
-
-
social contributions
-
-
-
2 551
total
-
-
-
37 637
Employee
63 206
-
68 198
-
social contributions
1 800
-
1 944
-
surtax
-
-
-
-
income
5 515
-
6 808
-
pensions
7 149
-
7 712
-
total
14 464
-
16 464
-
Employer
63 206
-
68 198
-
other
2 181
-
2 354
-
social contributions
190
-
205
-
unemployment
2 560
-
2 762
-
pensions
10 386
-
11 207
-
health
4 424
-
4 774
-
total
19 741
-
21 302
-
Corporate
6 553
89 500
-
-
surtax
-
-
-
-
income
1 835
25 061
-
-
total
1 835
25 061
-
-
Dividends
4 718
64 439
-
-
surtax
-
-
-
-
social contributions
812
11 085
-
-
withholding
603
8 248
-
-
total
1 415
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 455
44 394
37 766
37 637
After tax
52 045
45 106
51 734
51 863
Living cost
48 742
48 742
48 742
48 742
Free-cash
3 304
-3 635
2 992
3 122

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50216
₽46824
₽38283
₽40793
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
1 193
social contributions
-
-
-
19 689
total
-
-
-
20 882
Employee
32 444
-
77 490
-
income
-
-
1 325
-
social contributions
2 109
-
5 037
-
total
2 109
-
6 362
-
Employer
32 444
-
77 490
-
social contributions
5 029
-
12 010
-
total
5 029
-
12 010
-
Corporate
52 027
89 500
-
-
income
5 203
8 949
-
-
total
5 203
8 949
-
-
Dividends
46 824
80 551
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
12 341
8 949
18 372
20 882
After tax
77 159
80 551
71 128
68 618
Living cost
30 335
30 335
30 335
30 335
Free-cash
46 824
50 216
40 793
38 283

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽130471
-₽130471
₽7444
-₽130471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
16 151
pensions
-
-
-
875
national
-
-
-
9 317
labour market
-
-
-
7 090
total
-
-
-
33 433
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
171 348
171 348
171 348
33 433
After tax
-81 848
-81 848
-81 848
56 067
Living cost
48 623
48 623
48 623
48 623
Free-cash
-130 471
-130 471
-130 471
7 444

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14494
₽3914
₽39753
₽23808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
253
income
-
-
-
21 017
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 004
Employee
34 203
-
75 344
-
health
3 917
-
8 627
-
income
4 692
-
13 513
-
pensions
3 852
-
7 653
-
total
12 461
-
29 793
-
Employer
34 203
-
75 344
-
accident
571
-
1 258
-
unemployment
838
-
1 846
-
pensions
5 561
-
11 052
-
total
6 970
-
14 156
-
Corporate
48 326
89 500
-
-
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.

43 494
80 550
-
-
total
43 494
80 550
-
-
Dividends
4 832
8 950
-
-
withholding
918
1 701
-
-
total
918
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
63 843
82 251
43 949
28 004
After tax
25 657
7 249
45 551
61 496
Living cost
21 743
21 743
21 743
21 743
Free-cash
3 914
-14 494
23 808
39 753

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21637
₽18259
₽26087
₽13215
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
89 500
municipal
-
-
-
15 937
health
-
-
-
958
national
-
-
-
7 773
total
-
-
-
24 668
Employee
53 094
-
75 292
-
health
396
-
739
-
municipal
8 696
-
12 301
-
pensions
3 583
-
5 083
-
unemployment
797
-
1 130
-
national
877
-
4 079
-
total
14 349
-
23 332
-
Employer
53 094
-
75 292
-
accident
54
-
75
-
unemployment
345
-
490
-
pensions
9 212
-
13 063
-
health
408
-
580
-
total
10 019
-
14 208
-
Corporate
26 388
89 500
-
-
income
5 278
17 900
-
-
total
5 278
17 900
-
-
Dividends

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

15 832
53 700
-
-
national
-
1 553
-
-
municipal
2 850
9 665
-
-
total
2 850
11 218
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 496
29 118
37 540
24 668
After tax
57 004
60 382
51 960
64 832
Living cost
38 745
38 745
38 745
38 745
Free-cash
18 259
21 637
13 215
26 087

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42215
₽36723
₽41683
₽41595
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
8 206
health
-
-
-
2 283
social contributions
-
-
-
13 963
total
-
-
-
24 452
Employee
77 600
77 600
81 252
-
social contributions
2 934
6 440
6 743
-
health
601
1 319
1 381
-
income
8 449
7 183
8 170
-
total
11 984
14 942
16 294
-
Employer
77 600
77 600
81 252
-
social contributions
2 934
6 440
6 743
-
health
653
1 436
1 503
-
total
3 587
7 876
8 246
-
Corporate
50 563
4 023
-
-
income
6 320
504
-
-
total
6 320
504
-
-
Dividends
44 244
3 519
-
-
withholding
7 521
598
-
-
total
7 521
598
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 412
23 920
24 540
24 452
After tax
60 088
65 580
64 960
65 048
Living cost
23 365
23 365
23 365
23 365
Free-cash
36 723
42 215
41 595
41 683

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58091
₽52957
₽55000
₽39219
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
89 500
income
-
-
-
8 377
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 477
Employee

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

23 164
-
81 143
-
health
1 969
-
6 896
-
income
1 584
-
6 427
-
pensions
3 474
-
12 172
-
unemployment
115
-
406
-
total
7 142
-
25 901
-
Employer

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

23 164
-
81 143
-
unemployment
115
-
406
-
pensions
1 274
-
4 462
-
health
996
-
3 489
-
total
2 385
-
8 357
-
Corporate
63 952
89 500
-
-
income
5 755
8 055
-
-
total
5 755
8 055
-
-
Dividends
58 197
81 445
-
-
withholding
5 238
7 331
-
-
total
5 238
7 331
-
-
Income
89 500
89 500
89 500
89 500
Total tax
20 520
15 386
34 258
18 477
After tax
68 980
74 114
55 242
71 023
Living cost
16 023
16 023
16 023
16 023
Free-cash
52 957
58 091
39 219
55 000

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32578
₽27285
₽19617
₽20252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
806
income
-
-
-
15 281
pensions
-
-
-
25 329
other
-
-
-
90
unemployment
-
-
-
626
total
-
-
-
42 132
Employee
37 315
-
67 863
-
other
36
-
67
-
income
7 194
-
15 553
-
pensions
1 754
-
3 189
-
unemployment
578
-
1 051
-
total
9 562
-
19 860
-
Employer
37 315
-
67 863
-
accident
739
-
1 344
-
other
299
-
544
-
unemployment
2 053
-
3 733
-
pensions
8 806
-
16 016
-
total
11 897
-
21 637
-
Corporate
40 289
89 500
-
-
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.

6 044
13 425
-
-
total
6 044
13 425
-
-
Dividends
34 245
76 075
-
-
withholding
6 961
15 746
-
-
total
6 961
15 746
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 464
29 171
41 497
42 132
After tax
55 036
60 329
48 003
47 368
Living cost
27 751
27 751
27 751
27 751
Free-cash
27 285
32 578
20 252
19 617

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53092
₽52638
₽53801
₽53603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
29 476
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
32 943
Employee
4 198
-
87 238
-
health
210
-
503
-
income
812
-
29 370
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
30 879
-
Employer
4 198
-
87 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
84 358
89 500
-
-
income
18 559
19 690
-
-
total
18 559
19 690
-
-
Dividends
65 799
69 810
-
-
withholding
13 160
13 962
-
-
total
13 160
13 962
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 106
33 652
33 141
32 943
After tax
55 394
55 848
56 359
56 557
Living cost
2 756
2 756
2 756
2 756
Free-cash
52 638
53 092
53 603
53 801

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47211
₽42246
₽28514
₽28515
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
income
-
-
-
15 340
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
43 533
Employee

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

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

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

26 319
-
76 149
-
health
1 355
-
3 841
-
income
3 628
-
15 340
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
30 182
-
Employer

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

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

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

26 319
-
76 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
58 470
89 500
-
-
income
8 771
13 425
-
-
total
8 771
13 425
-
-
Dividends
49 700
76 075
-
-
withholding
7 455
11 411
-
-
total
7 455
11 411
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 801
24 836
43 532
43 533
After tax
59 699
64 664
45 968
45 967
Living cost
17 453
17 453
17 453
17 453
Free-cash
42 246
47 211
28 515
28 514

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23701
₽23338
₽23207
₽19108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
income
-
-
-
7 986
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
39 087
Employee
39 168
-
72 324
-
social contributions
4 309
-
7 955
-
surtax
-
-
-
-
income
7 653
-
18 055
-
total
11 962
-
26 010
-
Employer
39 168
-
72 324
-
social contributions
9 302
-
17 176
-
total
9 302
-
17 176
-
Corporate
41 030
89 500
-
-
surtax
-
-
-
-
income
8 616
18 795
-
-
total
8 616
18 795
-
-
Dividends
32 414
70 705
-
-
withholding
9 076
19 798
-
-
total
9 076
19 798
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 956
38 593
43 186
39 087
After tax
50 544
50 907
46 314
50 413
Living cost
27 206
27 206
27 206
27 206
Free-cash
23 338
23 701
19 108
23 207

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24862
₽17164
₽11901
₽12536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
806
income
-
-
-
15 281
pensions
-
-
-
25 329
other
-
-
-
90
unemployment
-
-
-
626
total
-
-
-
42 132
Employee
48 738
-
67 863
-
other
48
-
67
-
income
10 180
-
15 553
-
pensions
2 290
-
3 189
-
unemployment
755
-
1 051
-
total
13 273
-
19 860
-
Employer
48 738
-
67 863
-
accident
965
-
1 344
-
other
391
-
544
-
unemployment
2 681
-
3 733
-
pensions
11 502
-
16 016
-
total
15 539
-
21 637
-
Corporate
25 223
89 500
-
-
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.

3 784
13 425
-
-
total
3 784
13 425
-
-
Dividends
21 439
76 075
-
-
withholding
4 273
15 746
-
-
total
4 273
15 746
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 869
29 171
41 497
42 132
After tax
52 631
60 329
48 003
47 368
Living cost
35 467
35 467
35 467
35 467
Free-cash
17 164
24 862
12 536
11 901

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59152
₽52999
₽49288
₽51843
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
13 425
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
22 842
Employee
23 001
-
82 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 258
-
pensions

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

2 019
-
3 097
-
total
5 630
-
13 365
-
Employer
23 001
-
82 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
61 986
89 500
-
-
income
6 199
8 950
-
-
total
6 199
8 950
-
-
Dividends
55 787
80 550
-
-
withholding
2 789
4 028
-
-
total
2 789
4 028
-
-
Income
89 500
89 500
89 500
89 500
Total tax
19 131
12 978
20 286
22 842
After tax
70 369
76 522
69 214
66 658
Living cost
17 370
17 370
17 370
17 370
Free-cash
52 999
59 152
51 843
49 288

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7243
₽20449
₽19906
₽26017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
trade
-
-
-
6 111
income

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

-
-
-
16 709
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.

-
-
-
6 894
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.

-
-
-
919
total
-
-
-
30 633
Employee

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

50 212
-
89 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
919
-
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.

4 129
-
16 709
-
total
11 251
-
24 522
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 288
89 500
-
-
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.

324
739
-
-
income
5 893
13 425
-
-
trade
5 638
12 843
-
-
chamber of commerce
211
285
-
-
total
12 066
27 292
-
-
Dividends
27 223
62 208
-
-
surtax

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

352
835
-
-
withholding
6 421
15 169
-
-
total
6 773
16 004
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 090
43 296
24 522
30 633
After tax
59 410
46 204
64 978
58 867
Living cost
38 961
38 961
38 961
38 961
Free-cash
20 449
7 243
26 017
19 906

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5163
₽7392
₽5175
₽5175
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
19 120
social contributions
-
-
-
7 718
total
-
-
-
26 838
Employee
78 939
-
89 500
-
income
14 896
-
19 120
-
social contributions
6 558
-
7 718
-
total
21 454
-
26 838
-
Employer
78 939
-
89 500
-
total
-
-
-
-
Corporate
10 561
89 500
-
-
income
1 319
11 188
-
-
total
1 319
11 188
-
-
Dividends
9 241
78 312
-
-
withholding
1 848
15 662
-
-
total
1 848
15 662
-
-
Income
89 500
89 500
89 500
89 500
Total tax
24 621
26 850
26 838
26 838
After tax
64 879
62 650
62 662
62 662
Living cost
57 487
57 487
57 487
57 487
Free-cash
7 392
5 163
5 175
5 175

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
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.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16210
₽21309
₽17400
₽28919
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
84 858
-
income
5 023
-
14 664
-
social contributions
4 638
-
4 642
-
total
9 661
-
19 306
-
Employer
46 295
-
84 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
38 567
89 500
-
-
income
13 498
31 325
-
-
total
13 498
31 325
-
-
Dividends
25 069
58 175
-
-
social contributions
3 761
5 332
-
-
total
3 761
5 332
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 558
36 657
23 948
35 467
After tax
57 942
52 843
65 552
54 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
21 309
16 210
28 919
17 400

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29442
₽23727
₽28894
₽18822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
income
-
-
-
16 626
pensions
-
-
-
6 365
total
-
-
-
22 991
Employee
51 632
-
79 007
-
health
674
-
1 236
-
income
9 403
-
14 108
-
pensions
3 941
-
7 226
-
total
14 018
-
22 570
-
Employer
51 632
-
79 007
-
pensions
5 217
-
8 992
-
health
981
-
1 501
-
total
6 198
-
10 493
-
Corporate
31 670
89 500
-
-
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.

6 017
17 006
-
-
total
6 017
17 006
-
-
Dividends
25 653
72 494
-
-
withholding
1 925
5 437
-
-
total
1 925
5 437
-
-
Income
89 500
89 500
89 500
89 500
Total tax
28 158
22 443
33 063
22 991
After tax
61 342
67 057
56 437
66 509
Living cost
37 615
37 615
37 615
37 615
Free-cash
23 727
29 442
18 822
28 894

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16647
₽3582
₽37600
₽21655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
accident
-
-
-
253
income
-
-
-
21 017
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 004
Employee
37 589
-
75 344
-
health
4 304
-
8 627
-
income
5 157
-
13 513
-
pensions
4 233
-
7 653
-
total
13 694
-
29 793
-
Employer
37 589
-
75 344
-
accident
628
-
1 258
-
unemployment
921
-
1 846
-
pensions
6 112
-
11 052
-
total
7 661
-
14 156
-
Corporate
44 251
89 500
-
-
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.

39 826
80 550
-
-
total
39 826
80 550
-
-
Dividends
4 425
8 950
-
-
withholding
841
1 701
-
-
total
841
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
62 022
82 251
43 949
28 004
After tax
27 478
7 249
45 551
61 496
Living cost
23 896
23 896
23 896
23 896
Free-cash
3 582
-16 647
21 655
37 600

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62444
₽57537
₽37836
₽40258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
89 500
work injury
-
-
-
447
health insurance
-
-
-
6 623
income
-
-
-
13 421
pensions
-
-
-
16 468
unemployment
-
-
-
1 074
total
-
-
-
38 033
Employee

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

21 810
-
89 500
-
work injury
109
-
403
-
income
2 181
-
13 421
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 611
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
67 690
89 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
67 690
89 500
-
-
withholding
10 153
13 425
-
-
total
10 153
13 425
-
-
Income
89 500
89 500
89 500
89 500
Total tax
18 332
13 425
35 611
38 033
After tax
71 168
76 075
53 889
51 467
Living cost
13 631
13 631
13 631
13 631
Free-cash
57 537
62 444
40 258
37 836

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽6938
₽2350
₽5784
₽1687
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
89 500
municipal
-
-
-
598
regional
-
-
-
1 682
national
-
-
-
18 214
social contributions
-
-
-
23 019
total
-
-
-
43 513
Employee
85 039
-
89 500
-
social contributions
28 675
-
30 180
-
regional
1 284
-
1 401
-
municipal
507
-
534
-
national
14 371
-
15 495
-
total
44 837
-
47 610
-
Employer
85 039
-
89 500
-
total
-
-
-
-
Corporate
4 461
89 500
-
-
nationa
1 071
21 480
-
-
municipal
214
4 315
-
-
total
1 285
25 795
-
-
Dividends
3 176
63 706
-
-
withholding
825
16 564
-
-
total
825
16 564
-
-
Income
89 500
89 500
89 500
89 500
Total tax
46 947
42 359
47 610
43 513
After tax
42 553
47 141
41 890
45 987
Living cost
40 203
40 203
40 203
40 203
Free-cash
2 350
6 938
1 687
5 784

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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