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
₽16683
₽35708
₽28522
₽27121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
17 784
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.

-
-
-
978
health

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

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

-
-
-
6 447
trade
-
-
-
7 186
total
-
-
-
32 395
Employee

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

36 093
-
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.

56
-
978
-
income

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

1 008
-
17 784
-
health

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

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

6 447
-
6 447
-
total
7 511
-
25 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 407
89 500
-
-
income
8 010
13 426
-
-
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.

441
738
-
-
chamber of commerce
220
272
-
-
trade
8 411
14 097
-
-
total
17 082
28 533
-
-
Dividends
36 324
60 967
-
-
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.

480
818
-
-
withholding
8 723
14 883
-
-
total
9 203
15 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 796
44 234
25 209
32 395
After tax
55 704
45 266
64 291
57 105
Living cost
28 583
28 583
28 583
28 583
Free-cash
27 121
16 683
35 708
28 522

Estimated living cost  is ₽28583 per week

₽17980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3333
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
₽5730
₽4912
₽4211
₽4758
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
962
municipal
-
-
-
9 205
national
-
-
-
14 264
pensions
-
-
-
10 740
total
-
-
-
35 171
Employee
77 691
-
77 372
-
municipal
9 596
-
9 552
-
pensions
3 108
-
3 095
-
national
14 870
-
14 801
-
total
27 574
-
27 448
-
Employer
77 691
-
77 372
-
pensions
6 215
-
6 190
-
social contributions
835
-
832
-
total
7 050
-
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
34 624
33 652
34 470
35 171
After tax
54 876
55 848
55 030
54 329
Living cost
50 118
50 118
50 118
50 118
Free-cash
4 758
5 730
4 912
4 211

Estimated living cost  is ₽50118 per week

₽34064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽750
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽51967
₽30871
₽28202
₽44227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 892
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
microenterprise
-
-
-
-
total
-
-
-
41 666
Employee
27 574
-
72 126
-
surtax
-
-
-
-
social contributions

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

3 034
-
7 933
-
income
4 909
-
13 690
-
total
7 943
-
21 623
-
Employer
27 574
-
72 126
-
social contributions

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

6 642
-
17 374
-
surtax
-
-
-
-
total
6 642
-
17 374
-
Corporate
55 284
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%.

11 056
17 901
-
-
total
11 056
17 901
-
-
Dividends

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

44 227
71 599
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
25 641
17 901
38 997
41 666
After tax
63 859
71 599
50 503
47 834
Living cost
19 632
19 632
19 632
19 632
Free-cash
44 227
51 967
30 871
28 202

Estimated living cost  is ₽19632 per week

₽12525
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4792
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽1088
-₽4209
₽11297
-₽4209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 586
health
-
-
-
11 029
pensions
-
-
-
11 056
total
-
-
-
38 671
Employee
80 585
80 585
80 585
-
pensions
14 505
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
12 369
10 521
12 369
-
total
40 065
34 768
40 065
-
Employer
80 585
80 585
80 585
-
health
5 602
5 602
5 602
-
pensions
5 609
5 609
5 609
-
unemployment
2 901
2 901
2 901
-
total
14 112
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
54 177
48 880
54 177
38 671
After tax
35 323
40 620
35 323
50 829
Living cost
39 532
39 532
39 532
39 532
Free-cash
-4 209
1 088
-4 209
11 297

Estimated living cost  is ₽39532 per week

₽28015
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽629
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7324
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽11044
₽9972
₽8133
₽10194
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
166
other
-
-
-
9 633
unemployment
-
-
-
83
health
-
-
-
5 173
municipal
-
-
-
19 528
national
-
-
-
-
pensions
-
-
-
8 961
total
-
-
-
43 544
Employee
53 895
-
68 102
-
municipal
16 071
-
20 308
-
national
-
-
-
-
total
16 071
-
20 308
-
Employer
53 895
-
68 102
-
health
3 315
-
4 188
-
pensions
5 826
-
7 362
-
accident
108
-
136
-
unemployment
1 423
-
1 798
-
other
6 263
-
7 913
-
total
16 935
-
21 397
-
Corporate
18 671
89 500
-
-
income
4 108
19 690
-
-
total
4 108
19 690
-
-
Dividends
14 564
69 810
-
-
withholding
4 369
20 943
-
-
total
4 369
20 943
-
-
Income
89 500
89 500
89 500
89 500
Total tax
41 483
40 633
41 705
43 544
After tax
48 017
48 867
47 795
45 956
Living cost
37 823
37 823
37 823
37 823
Free-cash
10 194
11 044
9 972
8 133

Estimated living cost  is ₽37823 per week

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

Source of data for Stockholm model

Close
Hamburg , Germany
₽7737
₽27220
₽19715
₽20995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
17 784
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.

-
-
-
978
health

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

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

-
-
-
6 447
trade
-
-
-
7 505
total
-
-
-
32 714
Employee

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

47 855
-
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.

226
-
978
-
income

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

4 112
-
17 784
-
health

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

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

6 447
-
6 447
-
total
10 785
-
25 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 645
89 500
-
-
income
6 246
13 426
-
-
surtax

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

344
738
-
-
chamber of commerce
202
270
-
-
trade
6 850
14 722
-
-
total
13 642
29 156
-
-
Dividends
28 002
60 344
-
-
surtax

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

365
809
-
-
withholding
6 642
14 727
-
-
total
7 007
15 536
-
-
Income
89 500
89 500
89 500
89 500
Total tax
31 434
44 692
25 209
32 714
After tax
58 066
44 808
64 291
56 786
Living cost
37 071
37 071
37 071
37 071
Free-cash
20 995
7 737
27 220
19 715

Estimated living cost  is ₽37071 per week

₽24793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3909
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7815
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Hamburg model

Close
Limassol , Cyprus
₽34934
₽33458
₽33547
₽31020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 101
social contributions
-
-
-
13 963
health
-
-
-
2 281
total
-
-
-
25 345
Employee
72 564
72 564
81 253
-
social contributions
3 526
6 022
6 744
-
income
7 620
6 717
9 063
-
health
722
1 234
1 381
-
total
11 868
13 973
17 188
-
Employer
72 564
72 564
81 253
-
health
786
1 343
1 502
-
social contributions
3 526
6 022
6 744
-
total
4 312
7 365
8 246
-
Corporate
42 712
9 571
-
-
income
5 338
1 196
-
-
total
5 338
1 196
-
-
Dividends
37 374
8 375
-
-
withholding
6 354
1 424
-
-
total
6 354
1 424
-
-
Income
89 500
89 500
89 500
89 500
Total tax
27 872
23 958
25 434
25 345
After tax
61 628
65 542
64 066
64 155
Living cost
30 608
30 608
30 608
30 608
Free-cash
31 020
34 934
33 458
33 547

Estimated living cost  is ₽30608 per week

₽20924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6780
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽33560
₽35010
₽45128
₽33911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 343
health
-
-
-
6 265
pensions
-
-
-
8 950
total
-
-
-
27 499
Employee

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

The minimum wage is 138,000 HUF per month.

24 356
9 693
74 895
-
unemployment
365
145
1 123
-
pensions
2 436
969
7 490
-
income
2 978
1 185
9 156
-
health
1 705
679
5 243
-
total
7 484
2 978
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.

24 356
9 693
74 895
-
pensions
4 749
1 890
14 605
-
total
4 749
1 890
14 605
-
Corporate
60 394
77 916
-
-
income
5 435
7 012
-
-
total
5 435
7 012
-
-
Dividends
54 959
70 904
-
-
social contributions
10 606
13 715
-
-
withholding
10 442
13 472
-
-
total
21 048
27 187
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 716
39 067
37 617
27 499
After tax
50 784
50 433
51 883
62 001
Living cost
16 873
16 873
16 873
16 873
Free-cash
33 911
33 560
35 010
45 128

Estimated living cost  is ₽16873 per week

₽11514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽337
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3641
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽48806
₽28793
₽25180
₽42946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 993
health
-
-
-
11 635
pensions
-
-
-
17 899
total
-
-
-
41 527
Employee
26 770
-
66 891
-
unemployment
428
-
1 071
-
pensions
535
-
1 338
-
income
3 014
-
12 897
-
total
3 977
-
15 306
-
Employer
26 770
-
66 891
-
health
3 479
-
8 696
-
pensions
5 354
-
13 377
-
unemployment
215
-
535
-
total
9 048
-
22 608
-
Corporate
53 681
89 500
-
-
income
10 736
17 901
-
-
total
10 736
17 901
-
-
Dividends
42 945
71 599
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
23 761
17 901
37 914
41 527
After tax
65 739
71 599
51 586
47 973
Living cost
22 793
22 793
22 793
22 793
Free-cash
42 946
48 806
28 793
25 180

Estimated living cost  is ₽22793 per week

₽15634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1357
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽13719
₽24893
₽40496
₽4034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
21 397
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
28 036
Employee
32 984
-
75 873
-
pensions
3 714
-
7 272
-
income
4 525
-
14 053
-
health
3 777
-
8 687
-
total
12 016
-
30 012
-
Employer
32 984
-
75 873
-
pensions
5 363
-
10 501
-
accident
551
-
1 267
-
unemployment
808
-
1 859
-
total
6 722
-
13 627
-
Corporate
49 794
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.

44 814
80 550
-
-
total
44 814
80 550
-
-
Dividends
4 979
8 950
-
-
withholding
946
1 701
-
-
total
946
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
64 498
82 251
43 639
28 036
After tax
25 002
7 249
45 861
61 464
Living cost
20 968
20 968
20 968
20 968
Free-cash
4 034
-13 719
24 893
40 496

Estimated living cost  is ₽20968 per week

₽15368
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Gdansk model

Close
Batumi , Georgia
₽77434
₽64009
₽81014
₽76012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 489
-
89 500
-
income
1 897
-
17 900
-
total
1 897
-
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%.

80 011
89 500
-
-
total
-
-
-
-
Dividends
80 011
89 500
-
-
withholding
4 000
4 475
-
-
total
4 000
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
5 897
4 475
17 900
895
After tax
83 603
85 025
71 600
88 605
Living cost
7 591
7 591
7 591
7 591
Free-cash
76 012
77 434
64 009
81 014

Estimated living cost  is ₽7591 per week

₽4704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽40611
₽27315
₽23318
₽34237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 251
health
-
-
-
3 938
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
total
-
-
-
41 037
Employee
34 264
-
71 485
-
unemployment
342
-
715
-
pensions

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

2 398
-
5 005
-
income
5 899
-
12 304
-
health
480
-
1 001
-
total
9 119
-
19 025
-
Employer
34 264
-
71 485
-
health
480
-
1 001
-
pensions

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

5 825
-
12 154
-
accident
274
-
571
-
unemployment
342
-
715
-
other
1 714
-
3 574
-
total
8 635
-
18 015
-
Corporate
46 601
89 500
-
-
income
9 787
18 794
-
-
total
9 787
18 794
-
-
Dividends
36 815
70 706
-
-
withholding
2 577
4 950
-
-
total
2 577
4 950
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 118
23 744
37 040
41 037
After tax
59 382
65 756
52 460
48 463
Living cost
25 145
25 145
25 145
25 145
Free-cash
34 237
40 611
27 315
23 318

Estimated living cost  is ₽25145 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽3875
-₽6729
₽2417
-₽11747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 663
pensions
-
-
-
6 485
total
-
-
-
24 148
Employee
89 044
-
78 889
-
pensions
8 590
-
7 372
-
income
16 051
-
14 051
-
health
1 467
-
1 260
-
total
26 108
-
22 683
-
Employer
89 044
-
78 889
-
health
1 691
-
1 498
-
pensions
10 513
-
9 113
-
total
12 204
-
10 611
-
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.

-
17 004
-
-
total
-
17 004
-
-
Dividends
-
72 496
-
-
withholding
-
5 686
-
-
total
-
5 686
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 312
22 690
33 294
24 148
After tax
51 188
66 810
56 206
65 352
Living cost
62 935
62 935
62 935
62 935
Free-cash
-11 747
3 875
-6 729
2 417

Estimated living cost  is ₽62935 per week

₽47158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7871
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽64152
₽57586
₽54904
₽59769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
22 225
Employee
16 380
-
83 034
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
income
1 638
-
8 303
-
health
753
-
1 516
-
total
4 009
-
13 076
-
Employer
16 380
-
83 034
-
health
1 131
-
2 274
-
pensions

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

1 805
-
3 632
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
unemployment
98
-
198
-
total
3 214
-
6 467
-
Corporate
69 905
89 500
-
-
income
6 991
8 950
-
-
total
6 991
8 950
-
-
Dividends
62 915
80 550
-
-
withholding
3 146
4 027
-
-
total
3 146
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
17 360
12 977
19 543
22 225
After tax
72 140
76 523
69 957
67 275
Living cost
12 371
12 371
12 371
12 371
Free-cash
59 769
64 152
57 586
54 904

Estimated living cost  is ₽12371 per week

₽7222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽11708
-₽17005
-₽1499
-₽13309
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 586
health
-
-
-
11 029
pensions
-
-
-
11 056
total
-
-
-
38 671
Employee
87 490
80 585
80 585
-
pensions
11 056
11 056
14 505
-
income

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

13 191
13 191
13 191
-
health
10 915
10 521
12 369
-
total
35 162
34 768
40 065
-
Employer
87 490
80 585
80 585
-
health
6 080
5 602
5 602
-
pensions
6 089
5 609
5 609
-
unemployment
3 150
2 901
2 901
-
total
15 319
14 112
14 112
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
50 481
48 880
54 177
38 671
After tax
39 019
40 620
35 323
50 829
Living cost
52 328
52 328
52 328
52 328
Free-cash
-13 309
-11 708
-17 005
-1 499

Estimated living cost  is ₽52328 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4674
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽600
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽38496
₽22293
₽20466
₽30245
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
26 134
solidarity contribution
-
-
-
-
health
-
-
-
12 082
total
-
-
-
45 909
Employee
34 007
-
66 791
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
4 341
-
income
4 081
-
8 015
-
health
4 591
-
9 017
-
total
10 882
-
21 373
-
Employer
34 007
-
66 791
-
health
3 061
-
6 011
-
social contributions
8 502
-
16 698
-
total
11 563
-
22 709
-
Corporate
43 930
89 500
-
-
income
8 347
17 005
-
-
total
8 347
17 005
-
-
Dividends
35 584
72 495
-
-
withholding
5 338
10 874
-
-
total
5 338
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 130
27 879
44 082
45 909
After tax
53 370
61 621
45 418
43 591
Living cost
23 125
23 125
23 125
23 125
Free-cash
30 245
38 496
22 293
20 466

Estimated living cost  is ₽23125 per week

₽16063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4962
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽7933
₽2218
₽6478
₽3005
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 019
regional
-
-
-
979
municipal
-
-
-
532
national
-
-
-
18 673
total
-
-
-
43 203
Employee
83 867
-
89 500
-
municipal
444
-
475
-
national
14 532
-
15 952
-
regional
791
-
856
-
social contributions
28 280
-
30 180
-
total
44 047
-
47 463
-
Employer
83 867
-
89 500
-
total
-
-
-
-
Corporate
5 633
89 500
-
-
municipal
220
3 490
-
-
nationa
1 352
21 480
-
-
total
1 572
24 970
-
-
Dividends
4 060
64 529
-
-
withholding
1 057
16 778
-
-
total
1 057
16 778
-
-
Income
89 500
89 500
89 500
89 500
Total tax
46 676
41 748
47 463
43 203
After tax
42 824
47 752
42 037
46 297
Living cost
39 819
39 819
39 819
39 819
Free-cash
3 005
7 933
2 218
6 478

Estimated living cost  is ₽39819 per week

₽27757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2611
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽35472
₽23994
₽25719
₽32534
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 540
other
-
-
-
-
surtax
-
-
-
1 945
unemployment
-
-
-
215
health
-
-
-
6 356
pensions
-
-
-
17 901
total
-
-
-
42 957
Employee
31 207
-
73 936
-
other
-
-
-
-
unemployment
2 172
-
5 147
-
pensions
2 081
-
4 932
-
surtax
102
-
1 746
-
income
5 231
-
15 408
-
health
797
-
1 886
-
total
10 383
-
29 119
-
Employer
31 207
-
73 936
-
health
1 420
-
3 363
-
pensions
4 160
-
9 856
-
unemployment
989
-
2 344
-
other
-
-
-
-
total
6 569
-
15 563
-
Corporate
51 725
89 500
-
-
income
13 449
23 269
-
-
total
13 449
23 269
-
-
Dividends
38 276
66 231
-
-
withholding
5 741
9 935
-
-
total
5 741
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 142
33 204
44 682
42 957
After tax
53 358
56 296
44 818
46 543
Living cost
20 824
20 824
20 824
20 824
Free-cash
32 534
35 472
23 994
25 719

Estimated living cost  is ₽20824 per week

₽12732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1922
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽23814
₽13210
₽22356
₽16656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 663
pensions
-
-
-
6 485
total
-
-
-
24 148
Employee
59 675
-
78 889
-
pensions
5 065
-
7 372
-
income
10 748
-
14 051
-
health
866
-
1 260
-
total
16 679
-
22 683
-
Employer
59 675
-
78 889
-
health
1 134
-
1 498
-
pensions
6 460
-
9 113
-
total
7 594
-
10 611
-
Corporate
22 232
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.

4 224
17 004
-
-
total
4 224
17 004
-
-
Dividends
18 008
72 496
-
-
withholding
1 351
5 686
-
-
total
1 351
5 686
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 848
22 690
33 294
24 148
After tax
59 652
66 810
56 206
65 352
Living cost
42 996
42 996
42 996
42 996
Free-cash
16 656
23 814
13 210
22 356

Estimated living cost  is ₽42996 per week

₽32212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽33704
-₽4239
₽358
-₽6155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
-
-
-
2 883
health
-
-
-
243
city
-
-
-
943
national
-
-
-
417
pensions
-
-
-
8 235
total
-
-
-
14 511
Employee
87 337
-
80 106
-
unemployment
-
-
-
-
pensions
7 337
-
6 730
-
national
413
-
356
-
regional
2 860
-
2 469
-
city
937
-
861
-
health
197
-
180
-
total
11 744
-
10 596
-
Employer
87 337
-
80 106
-
health
197
-
180
-
pensions
7 337
-
6 730
-
unemployment
-
-
-
-
other

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

1 746
-
1 602
-
total
9 280
-
8 512
-
Corporate
-
89 500
-
-
regional
-
18 928
-
-
national
-
7 608
-
-
total
-
26 536
-
-
Dividends
-
62 964
-
-
withholding
-
22 037
-
-
total
-
22 037
-
-
Income
89 500
89 500
89 500
89 500
Total tax
21 024
48 573
19 108
14 511
After tax
68 476
40 927
70 392
74 989
Living cost
74 631
74 631
74 631
74 631
Free-cash
-6 155
-33 704
-4 239
358

Estimated living cost  is ₽74631 per week

₽48531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6697
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽916
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

It is extremely rare that a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit) is given a residence permit based on self-employment.

Source of data for Zurich model

Close
Munich , Germany
₽1114
₽21061
₽13237
₽16419
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
17 784
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.

-
-
-
978
health

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

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

-
-
-
6 447
trade
-
-
-
7 824
total
-
-
-
33 033
Employee

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

56 713
-
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.

367
-
978
-
income

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

6 669
-
17 784
-
health

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

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

6 447
-
6 447
-
total
13 483
-
25 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 787
89 500
-
-
income
4 918
13 426
-
-
surtax

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

270
738
-
-
chamber of commerce
190
269
-
-
trade
5 623
15 349
-
-
total
11 001
29 782
-
-
Dividends
21 786
59 719
-
-
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.

279
802
-
-
withholding
5 088
14 572
-
-
total
5 367
15 374
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 851
45 156
25 209
33 033
After tax
59 649
44 344
64 291
56 467
Living cost
43 230
43 230
43 230
43 230
Free-cash
16 419
1 114
21 061
13 237

Estimated living cost  is ₽43230 per week

₽31573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3458
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7638
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽12821
₽18743
₽19390
₽18396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 836
other
-
-
-
2 776
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
1 390
pensions
-
-
-
23 272
total
-
-
-
37 824
Employee
40 388
-
68 200
-
pensions
4 567
-
7 715
-
surtax
-
-
-
-
social contributions
1 151
-
1 943
-
income
2 384
-
7 514
-
total
8 102
-
17 172
-
Employer
40 388
-
68 200
-
health
2 828
-
4 774
-
pensions
6 635
-
11 207
-
unemployment
1 635
-
2 761
-
social contributions
122
-
204
-
other
1 393
-
2 353
-
total
12 613
-
21 299
-
Corporate
36 500
89 500
-
-
income
10 220
25 060
-
-
surtax
-
-
-
-
total
10 220
25 060
-
-
Dividends
26 280
64 440
-
-
surtax
-
-
-
-
social contributions
4 520
11 085
-
-
withholding
3 363
8 248
-
-
total
7 883
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 818
44 393
38 471
37 824
After tax
50 682
45 107
51 029
51 676
Living cost
32 286
32 286
32 286
32 286
Free-cash
18 396
12 821
18 743
19 390

Estimated living cost  is ₽32286 per week

₽20358
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2625
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽16020
₽21942
₽22589
₽21262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 836
other
-
-
-
2 776
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
1 390
pensions
-
-
-
23 272
total
-
-
-
37 824
Employee
36 052
-
68 200
-
pensions
4 078
-
7 715
-
surtax
-
-
-
-
social contributions
1 028
-
1 943
-
income
1 859
-
7 514
-
total
6 965
-
17 172
-
Employer
36 052
-
68 200
-
health
2 523
-
4 774
-
pensions
5 924
-
11 207
-
unemployment
1 459
-
2 761
-
social contributions
107
-
204
-
other
1 245
-
2 353
-
total
11 258
-
21 299
-
Corporate
42 190
89 500
-
-
income
11 814
25 060
-
-
surtax
-
-
-
-
total
11 814
25 060
-
-
Dividends
30 376
64 440
-
-
surtax
-
-
-
-
social contributions
5 226
11 085
-
-
withholding
3 888
8 248
-
-
total
9 114
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 151
44 393
38 471
37 824
After tax
50 349
45 107
51 029
51 676
Living cost
29 087
29 087
29 087
29 087
Free-cash
21 262
16 020
21 942
22 589

Estimated living cost  is ₽29087 per week

₽16869
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2955
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8712
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽34593
₽37876
₽37467
₽35081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 426
social contributions
-
-
-
12 351
health
-
-
-
6 246
total
-
-
-
32 023
Employee
31 996
-
89 500
-
social contributions
4 416
-
12 351
-
income
5 337
-
13 017
-
health
2 233
-
6 246
-
total
11 986
-
31 614
-
Employer
31 996
-
89 500
-
total
-
-
-
-
Corporate
57 504
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%.

2 876
4 475
-
-
total
2 876
4 475
-
-
Dividends
54 628
85 025
-
-
social contributions
7 539
11 733
-
-
withholding
8 195
12 754
-
-
health
3 813
5 935
-
-
total
19 547
30 422
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 409
34 897
31 614
32 023
After tax
55 091
54 603
57 886
57 477
Living cost
20 010
20 010
20 010
20 010
Free-cash
35 081
34 593
37 876
37 467

Estimated living cost  is ₽20010 per week

₽13392
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1234
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽17001
-₽5470
₽12466
₽15542
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 047
surtax
-
-
-
186
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
358
health
-
-
-
6 846
pensions
-
-
-
16 558
total
-
-
-
43 783
Employee
47 160
37 607
69 355
-
other
471
376
693
-
unemployment
1 415
1 128
2 081
-
pensions
4 830
3 850
7 102
-
income
5 369
2 774
12 571
-
health
1 825
1 456
2 684
-
total
13 910
9 584
25 131
-
Employer
47 160
37 607
69 355
-
chamber of commerce
188
150
278
-
health
1 782
1 422
2 622
-
pensions
5 919
4 721
8 703
-
accident
612
489
901
-
unemployment
1 415
1 128
2 081
-
surtax
186
186
186
-
payroll
1 415
1 128
2 081
-
other
2 240
1 785
3 293
-
total
13 757
11 009
20 145
-
Corporate
28 583
40 884
65 774
-
income

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

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

7 145
10 222
16 443
-
total
7 145
10 222
16 443
-
Dividends
21 438
30 662
-
-
withholding
5 895
8 433
-
-
total
5 895
8 433
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 707
39 248
61 719
43 783
After tax
48 793
50 252
27 781
45 717
Living cost
33 251
33 251
33 251
33 251
Free-cash
15 542
17 001
-5 470
12 466

Estimated living cost  is ₽33251 per week

₽22177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7691
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
₽15805
₽774
₽8222
₽1654
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 549
social contributions
-
-
-
13 700
national
-
-
-
28 622
total
-
-
-
46 871
Employee

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

67 501
-
69 320
-
unemployment

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

587
-
603
-
communal

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

3 521
-
3 616
-
pensions

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

5 063
-
5 199
-
national
20 753
-
21 463
-
health

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

3 171
-
3 257
-
total
33 095
-
34 138
-
Employer

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

67 501
-
69 320
-
health

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

4 151
-
4 264
-
pensions

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

5 981
-
6 142
-
accident

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

877
-
901
-
unemployment

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

985
-
1 012
-
surtax
7 654
-
7 862
-
total
19 648
-
20 181
-
Corporate
2 350
89 500
-
-
income
469
17 901
-
-
surtax
9
358
-
-
total
478
18 259
-
-
Dividends
1 872
71 241
-
-
withholding

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

218
21 029
-
-
total
218
21 029
-
-
Income
89 500
89 500
89 500
89 500
Total tax
53 439
39 288
54 319
46 871
After tax
36 061
50 212
35 181
42 629
Living cost
34 407
34 407
34 407
34 407
Free-cash
1 654
15 805
774
8 222

Estimated living cost  is ₽34407 per week

₽22163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽26233
₽13658
₽13472
₽18717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 708
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 948
Employee
46 973
-
67 866
-
other
47
-
68
-
unemployment
729
-
1 051
-
pensions
2 208
-
3 189
-
income
9 911
-
15 819
-
total
12 895
-
20 127
-
Employer
46 973
-
67 866
-
pensions
11 085
-
16 017
-
accident
929
-
1 343
-
unemployment
2 584
-
3 732
-
other
374
-
543
-
total
14 972
-
21 635
-
Corporate
27 554
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.

4 133
13 426
-
-
total
4 133
13 426
-
-
Dividends
23 421
76 074
-
-
withholding
4 703
15 761
-
-
total
4 703
15 761
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 703
29 187
41 762
41 948
After tax
52 797
60 313
47 738
47 552
Living cost
34 080
34 080
34 080
34 080
Free-cash
18 717
26 233
13 658
13 472

Estimated living cost  is ₽34080 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2418
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6074
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽3638
₽4689
₽532
-₽2545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
5 657
accident
-
-
-
754
income
-
-
-
7 134
surtax
-
-
-
4 438
health
-
-
-
6 287
pensions
-
-
-
13 415
total
-
-
-
37 685
Employee
71 463
-
79 946
-
pensions
5 716
-
6 395
-
surtax
4 380
-
4 900
-
income
6 903
-
9 121
-
health
3 180
-
3 558
-
total
20 179
-
23 974
-
Employer
71 463
-
79 946
-
health
2 179
-
2 439
-
pensions
5 716
-
6 395
-
accident
643
-
720
-
total
8 538
-
9 554
-
Corporate
9 498
89 500
-
-
communal
-
6 042
-
-
income
1 425
13 426
-
-
surtax
100
940
-
-
total
1 525
20 408
-
-
Dividends
7 973
69 092
-
-
income
9 324
3 808
-
-
withholding
1 196
10 363
-
-
total
10 520
14 171
-
-
Income
89 500
89 500
89 500
89 500
Total tax
40 762
34 579
33 528
37 685
After tax
48 738
54 921
55 972
51 815
Living cost
51 283
51 283
51 283
51 283
Free-cash
-2 545
3 638
4 689
532

Estimated living cost  is ₽51283 per week

₽38470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3107
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽35100
₽23622
₽25347
₽32098
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 540
other
-
-
-
-
surtax
-
-
-
1 945
unemployment
-
-
-
215
health
-
-
-
6 356
pensions
-
-
-
17 901
total
-
-
-
42 957
Employee
31 779
-
73 936
-
other
-
-
-
-
unemployment
2 212
-
5 147
-
pensions
2 120
-
4 932
-
surtax
113
-
1 746
-
income
5 328
-
15 408
-
health
811
-
1 886
-
total
10 584
-
29 119
-
Employer
31 779
-
73 936
-
health
1 445
-
3 363
-
pensions
4 237
-
9 856
-
unemployment
1 008
-
2 344
-
other
-
-
-
-
total
6 690
-
15 563
-
Corporate
51 030
89 500
-
-
income
13 268
23 269
-
-
total
13 268
23 269
-
-
Dividends
37 762
66 231
-
-
withholding
5 664
9 935
-
-
total
5 664
9 935
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 206
33 204
44 682
42 957
After tax
53 294
56 296
44 818
46 543
Living cost
21 196
21 196
21 196
21 196
Free-cash
32 098
35 100
23 622
25 347

Estimated living cost  is ₽21196 per week

₽12797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽21623
₽16269
₽20507
₽19528
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 019
regional
-
-
-
1 349
municipal
-
-
-
532
national
-
-
-
18 673
total
-
-
-
43 573
Employee
52 347
-
89 500
-
municipal
278
-
475
-
national
8 293
-
15 952
-
regional
705
-
1 204
-
social contributions
17 652
-
30 180
-
total
26 928
-
47 811
-
Employer
52 347
-
89 500
-
total
-
-
-
-
Corporate
37 153
89 500
-
-
municipal
1 846
4 448
-
-
nationa
8 916
21 480
-
-
total
10 762
25 928
-
-
Dividends
26 391
63 571
-
-
withholding
6 862
16 529
-
-
total
6 862
16 529
-
-
Income
89 500
89 500
89 500
89 500
Total tax
44 552
42 457
47 811
43 573
After tax
44 948
47 043
41 689
45 927
Living cost
25 420
25 420
25 420
25 420
Free-cash
19 528
21 623
16 269
20 507

Estimated living cost  is ₽25420 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽33125
₽16922
₽15095
₽22959
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
26 134
solidarity contribution
-
-
-
-
health
-
-
-
12 082
total
-
-
-
45 909
Employee
41 906
-
66 791
-
solidarity contribution
-
-
-
-
social contributions
2 724
-
4 341
-
income
5 029
-
8 015
-
health
5 657
-
9 017
-
total
13 410
-
21 373
-
Employer
41 906
-
66 791
-
health
3 771
-
6 011
-
social contributions
10 476
-
16 698
-
total
14 247
-
22 709
-
Corporate
33 346
89 500
-
-
income
6 336
17 005
-
-
total
6 336
17 005
-
-
Dividends
27 011
72 495
-
-
withholding
4 052
10 874
-
-
total
4 052
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 045
27 879
44 082
45 909
After tax
51 455
61 621
45 418
43 591
Living cost
28 496
28 496
28 496
28 496
Free-cash
22 959
33 125
16 922
15 095

Estimated living cost  is ₽28496 per week

₽21191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽20249
-₽2292
₽15797
₽19782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 047
surtax
-
-
-
-
unemployment
-
-
-
5 788
chamber of commerce
-
-
-
358
health
-
-
-
6 846
pensions
-
-
-
16 558
total
-
-
-
43 597
Employee
41 250
37 607
69 497
-
other
412
376
695
-
unemployment
1 237
1 128
2 084
-
pensions
4 224
3 850
7 117
-
income
3 675
2 774
12 621
-
health
1 596
1 456
2 690
-
total
11 144
9 584
25 207
-
Employer
41 250
37 607
69 497
-
chamber of commerce
165
150
278
-
health
1 560
1 422
2 627
-
pensions
5 177
4 721
8 721
-
accident
535
489
904
-
unemployment
1 237
1 128
2 084
-
surtax
-
-
-
-
payroll
1 237
1 128
2 084
-
other
1 959
1 785
3 302
-
total
11 870
10 823
20 000
-
Corporate
36 378
41 070
65 917
-
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.

9 095
10 268
16 479
-
total
9 095
10 268
16 479
-
Dividends
27 283
30 802
-
-
withholding
7 503
8 470
-
-
total
7 503
8 470
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 612
39 145
61 686
43 597
After tax
49 888
50 355
27 814
45 903
Living cost
30 106
30 106
30 106
30 106
Free-cash
19 782
20 249
-2 292
15 797

Estimated living cost  is ₽30106 per week

₽18060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3075
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽73196
₽59771
₽76776
₽70977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 787
-
89 500
-
income
2 958
-
17 900
-
total
2 958
-
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%.

74 713
89 500
-
-
total
-
-
-
-
Dividends
74 713
89 500
-
-
withholding
3 736
4 475
-
-
total
3 736
4 475
-
-
Income
89 500
89 500
89 500
89 500
Total tax
6 694
4 475
17 900
895
After tax
82 806
85 025
71 600
88 605
Living cost
11 829
11 829
11 829
11 829
Free-cash
70 977
73 196
59 771
76 776

Estimated living cost  is ₽11829 per week

₽8005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽36310
₽18643
₽21207
₽28418
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 696
unemployment
-
-
-
134
health
-
-
-
8 807
pensions
-
-
-
16 345
total
-
-
-
42 982
Employee

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

41 729
-
77 443
-
unemployment
59
-
109
-
pensions
6 468
-
12 004
-
income
7 196
-
16 374
-
health
2 695
-
5 002
-
total
16 418
-
33 489
-
Employer

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

41 729
-
77 443
-
health
2 779
-
5 157
-
pensions
3 693
-
6 853
-
unemployment
25
-
47
-
total
6 497
-
12 057
-
Corporate
41 274
89 500
-
-
income
7 842
17 005
-
-
total
7 842
17 005
-
-
Dividends
33 432
72 495
-
-
withholding
5 014
10 874
-
-
total
5 014
10 874
-
-
Income
89 500
89 500
89 500
89 500
Total tax
35 771
27 879
45 546
42 982
After tax
53 729
61 621
43 954
46 518
Living cost
25 311
25 311
25 311
25 311
Free-cash
28 418
36 310
18 643
21 207

Estimated living cost  is ₽25311 per week

₽17371
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1622
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽14122
₽36874
₽21522
-₽49865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 828
-
-
-
social contributions
4 742
-
676
-
income
12 756
-
-
-
total
17 498
-
676
-
Employer
57 828
-
-
-
social contributions
81 537
-
11 620
-
total
81 537
-
11 620
-
Corporate
-
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
99 035
35 048
12 296
27 648
After tax
-9 535
54 452
77 204
61 852
Living cost
40 330
40 330
40 330
40 330
Free-cash
-49 865
14 122
36 874
21 522

Estimated living cost  is ₽40330 per week

₽26168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Oslo model

Close
Lisbon , Portugal
₽21309
₽16339
₽20665
₽20357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 134
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
39 235
Employee
43 401
-
72 323
-
surtax
-
-
-
-
social contributions
4 774
-
7 955
-
income
9 028
-
18 429
-
total
13 802
-
26 384
-
Employer
43 401
-
72 323
-
social contributions
10 308
-
17 177
-
total
10 308
-
17 177
-
Corporate
35 791
89 500
-
-
income
7 516
18 794
-
-
surtax
-
-
-
-
total
7 516
18 794
-
-
Dividends
28 275
70 706
-
-
withholding
7 917
19 797
-
-
total
7 917
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
39 543
38 591
43 561
39 235
After tax
49 957
50 909
45 939
50 265
Living cost
29 600
29 600
29 600
29 600
Free-cash
20 357
21 309
16 339
20 665

Estimated living cost  is ₽29600 per week

₽22147
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1746
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽471
₽5451
₽6098
₽6017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 836
other
-
-
-
2 776
surtax
-
-
-
-
social contributions
-
-
-
2 550
health
-
-
-
1 390
pensions
-
-
-
23 272
total
-
-
-
37 824
Employee
59 104
-
68 200
-
pensions
6 685
-
7 715
-
surtax
-
-
-
-
social contributions
1 683
-
1 943
-
income
5 157
-
7 514
-
total
13 525
-
17 172
-
Employer
59 104
-
68 200
-
health
4 137
-
4 774
-
pensions
9 711
-
11 207
-
unemployment
2 394
-
2 761
-
social contributions
177
-
204
-
other
2 040
-
2 353
-
total
18 459
-
21 299
-
Corporate
11 937
89 500
-
-
income
3 342
25 060
-
-
surtax
-
-
-
-
total
3 342
25 060
-
-
Dividends
8 595
64 440
-
-
surtax
-
-
-
-
social contributions
1 479
11 085
-
-
withholding
1 100
8 248
-
-
total
2 579
19 333
-
-
Income
89 500
89 500
89 500
89 500
Total tax
37 905
44 393
38 471
37 824
After tax
51 595
45 107
51 029
51 676
Living cost
45 578
45 578
45 578
45 578
Free-cash
6 017
-471
5 451
6 098

Estimated living cost  is ₽45578 per week

₽30846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽52184
₽42572
₽40103
₽49013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 341
social contributions
-
-
-
19 690
total
-
-
-
21 031
Employee
30 338
-
77 489
-
income
-
-
1 515
-
social contributions
1 972
-
5 036
-
total
1 972
-
6 551
-
Employer
30 338
-
77 489
-
social contributions
4 703
-
12 011
-
total
4 703
-
12 011
-
Corporate
54 459
89 500
-
-
income
5 446
8 950
-
-
total
5 446
8 950
-
-
Dividends
49 014
80 550
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
12 121
8 950
18 562
21 031
After tax
77 379
80 550
70 938
68 469
Living cost
28 366
28 366
28 366
28 366
Free-cash
49 013
52 184
42 572
40 103

Estimated living cost  is ₽28366 per week

₽18341
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽116092
-₽116092
₽10361
-₽116092
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
7 094
municipal
-
-
-
16 365
national
-
-
-
9 418
pensions
-
-
-
818
total
-
-
-
33 695
Employee
191 810
191 810
191 810
-
municipal
40 845
40 845
40 845
-
labour market
15 323
15 323
15 323
-
pensions
273
273
273
-
national
23 433
23 433
23 433
-
total
79 874
79 874
79 874
-
Employer
191 810
191 810
191 810
-
national
23 474
23 474
23 474
-
labour market
15 345
15 345
15 345
-
pensions
545
545
545
-
municipal
40 910
40 910
40 910
-
total
80 274
80 274
80 274
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
89 500
89 500
89 500
89 500
Total tax
160 148
160 148
160 148
33 695
After tax
-70 648
-70 648
-70 648
55 805
Living cost
45 444
45 444
45 444
45 444
Free-cash
-116 092
-116 092
-116 092
10 361

Estimated living cost  is ₽45444 per week

₽31103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽699
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽13410
₽25202
₽40805
₽4081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
21 397
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
28 036
Employee
32 498
-
75 873
-
pensions
3 660
-
7 272
-
income
4 458
-
14 053
-
health
3 721
-
8 687
-
total
11 839
-
30 012
-
Employer
32 498
-
75 873
-
pensions
5 284
-
10 501
-
accident
543
-
1 267
-
unemployment
796
-
1 859
-
total
6 623
-
13 627
-
Corporate
50 379
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.

45 341
80 550
-
-
total
45 341
80 550
-
-
Dividends
5 038
8 950
-
-
withholding
957
1 701
-
-
total
957
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
64 760
82 251
43 639
28 036
After tax
24 740
7 249
45 861
61 464
Living cost
20 659
20 659
20 659
20 659
Free-cash
4 081
-13 410
25 202
40 805

Estimated living cost  is ₽20659 per week

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

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽23648
₽15214
₽27868
₽21095
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
985
municipal
-
-
-
15 933
national
-
-
-
8 484
total
-
-
-
25 402
Employee
49 648
-
75 292
-
municipal
8 132
-
12 296
-
unemployment
745
-
1 130
-
pensions
3 351
-
5 082
-
national
820
-
4 574
-
health
371
-
766
-
total
13 419
-
23 848
-
Employer
49 648
-
75 292
-
health
381
-
580
-
pensions
8 614
-
13 064
-
accident
50
-
75
-
unemployment
322
-
489
-
total
9 367
-
14 208
-
Corporate
30 484
89 500
-
-
income
6 098
17 901
-
-
total
6 098
17 901
-
-
Dividends

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

18 290
53 699
-
-
municipal
3 291
9 667
-
-
national
-
2 054
-
-
total
3 291
11 721
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 175
29 622
38 056
25 402
After tax
57 325
59 878
51 444
64 098
Living cost
36 230
36 230
36 230
36 230
Free-cash
21 095
23 648
15 214
27 868

Estimated living cost  is ₽36230 per week

₽23665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽43693
₽42217
₽42306
₽38557
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 101
social contributions
-
-
-
13 963
health
-
-
-
2 281
total
-
-
-
25 345
Employee
72 564
72 564
81 253
-
social contributions
2 743
6 022
6 744
-
income
7 901
6 717
9 063
-
health
562
1 234
1 381
-
total
11 206
13 973
17 188
-
Employer
72 564
72 564
81 253
-
health
611
1 343
1 502
-
social contributions
2 743
6 022
6 744
-
total
3 354
7 365
8 246
-
Corporate
53 091
9 571
-
-
income
6 637
1 196
-
-
total
6 637
1 196
-
-
Dividends
46 454
8 375
-
-
withholding
7 897
1 424
-
-
total
7 897
1 424
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 094
23 958
25 434
25 345
After tax
60 406
65 542
64 066
64 155
Living cost
21 849
21 849
21 849
21 849
Free-cash
38 557
43 693
42 217
42 306

Estimated living cost  is ₽21849 per week

₽13094
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Larnaca model

Close
Podgorica , Montenegro
₽59132
₽40233
₽56600
₽54333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 472
unemployment
-
-
-
27
health
-
-
-
3 415
pensions
-
-
-
6 003
total
-
-
-
17 917
Employee

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

21 660
-
81 142
-
unemployment
107
-
407
-
pensions
3 248
-
12 172
-
income
1 481
-
6 451
-
health
1 841
-
6 896
-
total
6 677
-
25 926
-
Employer

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

21 660
-
81 142
-
health
931
-
3 488
-
pensions
1 191
-
4 463
-
unemployment
107
-
407
-
total
2 229
-
8 358
-
Corporate
65 610
89 500
-
-
income
5 904
8 055
-
-
total
5 904
8 055
-
-
Dividends
59 706
81 445
-
-
withholding
5 374
7 330
-
-
total
5 374
7 330
-
-
Income
89 500
89 500
89 500
89 500
Total tax
20 184
15 385
34 284
17 917
After tax
69 316
74 115
55 216
71 583
Living cost
14 983
14 983
14 983
14 983
Free-cash
54 333
59 132
40 233
56 600

Estimated living cost  is ₽14983 per week

₽9559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1080
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3897
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽34363
₽21788
₽21602
₽29416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 708
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 948
Employee
34 893
-
67 866
-
other
34
-
68
-
unemployment
541
-
1 051
-
pensions
1 640
-
3 189
-
income
6 727
-
15 819
-
total
8 942
-
20 127
-
Employer
34 893
-
67 866
-
pensions
8 234
-
16 017
-
accident
691
-
1 343
-
unemployment
1 920
-
3 732
-
other
279
-
543
-
total
11 124
-
21 635
-
Corporate
43 483
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.

6 522
13 426
-
-
total
6 522
13 426
-
-
Dividends
36 961
76 074
-
-
withholding
7 546
15 761
-
-
total
7 546
15 761
-
-
Income
89 500
89 500
89 500
89 500
Total tax
34 134
29 187
41 762
41 948
After tax
55 366
60 313
47 738
47 552
Living cost
25 950
25 950
25 950
25 950
Free-cash
29 416
34 363
21 788
21 602

Estimated living cost  is ₽25950 per week

₽17516
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽53943
₽55017
₽55152
₽53630
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
30 047
health
-
-
-
1 007
pensions
-
-
-
1 389
total
-
-
-
32 443
Employee
2 901
-
87 937
-
unemployment
29
-
69
-
pensions
261
-
625
-
income
561
-
29 974
-
health
145
-
347
-
total
996
-
31 015
-
Employer
2 901
-
87 937
-
health
276
-
660
-
pensions
319
-
764
-
unemployment
58
-
139
-
total
653
-
1 563
-
Corporate
85 946
89 500
-
-
income
18 908
19 690
-
-
total
18 908
19 690
-
-
Dividends
67 038
69 810
-
-
withholding
13 408
13 962
-
-
total
13 408
13 962
-
-
Income
89 500
89 500
89 500
89 500
Total tax
33 965
33 652
32 578
32 443
After tax
55 535
55 848
56 922
57 057
Living cost
1 905
1 905
1 905
1 905
Free-cash
53 630
53 943
55 017
55 152

Estimated living cost  is ₽1905 per week

₽1132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽48343
₽30437
₽30438
₽43699
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 377
unemployment
-
-
-
1 046
health
-
-
-
7 184
pensions
-
-
-
18 134
total
-
-
-
42 741
Employee

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

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

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

24 612
-
77 015
-
unemployment
185
-
523
-
pensions
3 446
-
9 765
-
income
3 393
-
16 377
-
health
1 267
-
3 592
-
total
8 291
-
30 257
-
Employer

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

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

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

24 612
-
77 015
-
health
1 267
-
3 592
-
pensions
2 953
-
8 370
-
unemployment
185
-
523
-
total
4 405
-
12 485
-
Corporate
60 483
89 500
-
-
income
9 072
13 425
-
-
total
9 072
13 425
-
-
Dividends
51 410
76 075
-
-
withholding
7 712
11 411
-
-
total
7 712
11 411
-
-
Income
89 500
89 500
89 500
89 500
Total tax
29 480
24 836
42 742
42 741
After tax
60 020
64 664
46 758
46 759
Living cost
16 321
16 321
16 321
16 321
Free-cash
43 699
48 343
30 437
30 438

Estimated living cost  is ₽16321 per week

₽10989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1262
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽25468
₽20498
₽24824
₽25128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 134
surtax
-
-
-
-
social contributions

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

-
-
-
31 101
total
-
-
-
39 235
Employee
36 626
-
72 323
-
surtax
-
-
-
-
social contributions
4 029
-
7 955
-
income
7 156
-
18 429
-
total
11 185
-
26 384
-
Employer
36 626
-
72 323
-
social contributions
8 698
-
17 177
-
total
8 698
-
17 177
-
Corporate
44 176
89 500
-
-
income
9 276
18 794
-
-
surtax
-
-
-
-
total
9 276
18 794
-
-
Dividends
34 900
70 706
-
-
withholding
9 772
19 797
-
-
total
9 772
19 797
-
-
Income
89 500
89 500
89 500
89 500
Total tax
38 931
38 591
43 561
39 235
After tax
50 569
50 909
45 939
50 265
Living cost
25 441
25 441
25 441
25 441
Free-cash
25 128
25 468
20 498
24 824

Estimated living cost  is ₽25441 per week

₽18019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1768
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽27148
₽14573
₽14387
₽19952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
788
income
-
-
-
15 708
other
-
-
-
88
unemployment
-
-
-
612
pensions
-
-
-
24 752
total
-
-
-
41 948
Employee
45 575
-
67 866
-
other
45
-
68
-
unemployment
706
-
1 051
-
pensions
2 142
-
3 189
-
income
9 519
-
15 819
-
total
12 412
-
20 127
-
Employer
45 575
-
67 866
-
pensions
10 755
-
16 017
-
accident
903
-
1 343
-
unemployment
2 507
-
3 732
-
other
365
-
543
-
total
14 530
-
21 635
-
Corporate
29 395
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.

4 409
13 426
-
-
total
4 409
13 426
-
-
Dividends
24 986
76 074
-
-
withholding
5 032
15 761
-
-
total
5 032
15 761
-
-
Income
89 500
89 500
89 500
89 500
Total tax
36 383
29 187
41 762
41 948
After tax
53 117
60 313
47 738
47 552
Living cost
33 165
33 165
33 165
33 165
Free-cash
19 952
27 148
14 573
14 387

Estimated living cost  is ₽33165 per week

₽23817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2579
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽60292
₽53726
₽51044
₽54541
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
health
-
-
-
3 790
pensions

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

-
-
-
4 878
total
-
-
-
22 225
Employee
21 492
-
83 034
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
income
2 150
-
8 303
-
health
989
-
1 516
-
total
5 262
-
13 076
-
Employer
21 492
-
83 034
-
health
1 483
-
2 274
-
pensions

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

2 368
-
3 632
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
unemployment
129
-
198
-
total
4 216
-
6 467
-
Corporate
63 791
89 500
-
-
income
6 379
8 950
-
-
total
6 379
8 950
-
-
Dividends
57 412
80 550
-
-
withholding
2 871
4 027
-
-
total
2 871
4 027
-
-
Income
89 500
89 500
89 500
89 500
Total tax
18 728
12 977
19 543
22 225
After tax
70 772
76 523
69 957
67 275
Living cost
16 231
16 231
16 231
16 231
Free-cash
54 541
60 292
53 726
51 044

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽9753
₽27859
₽21312
₽22102
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
17 784
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.

-
-
-
978
health

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

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

-
-
-
6 447
trade
-
-
-
6 547
total
-
-
-
31 756
Employee

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

46 953
-
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.

213
-
978
-
income

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

3 861
-
17 784
-
health

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

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

6 447
-
6 447
-
total
10 521
-
25 209
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 547
89 500
-
-
income
6 382
13 426
-
-
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.

351
738
-
-
chamber of commerce
206
274
-
-
trade
6 105
12 844
-
-
total
13 044
27 282
-
-
Dividends
29 503
62 219
-
-
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.

385
836
-
-
withholding
7 016
15 197
-
-
total
7 401
16 033
-
-
Income
89 500
89 500
89 500
89 500
Total tax
30 966
43 315
25 209
31 756
After tax
58 534
46 185
64 291
57 744
Living cost
36 432
36 432
36 432
36 432
Free-cash
22 102
9 753
27 859
21 312

Estimated living cost  is ₽36432 per week

₽25132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
₽8896
₽7686
₽7686
₽10977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 202
social contributions
-
-
-
7 857
total
-
-
-
28 059
Employee
73 816
-
89 500
-
income
13 929
-
20 202
-
social contributions
6 133
-
7 857
-
total
20 062
-
28 059
-
Employer
73 816
-
89 500
-
total
-
-
-
-
Corporate
15 684
89 500
-
-
income
1 961
11 187
-
-
total
1 961
11 187
-
-
Dividends
13 723
78 313
-
-
withholding
2 745
15 662
-
-
total
2 745
15 662
-
-
Income
89 500
89 500
89 500
89 500
Total tax
24 768
26 849
28 059
28 059
After tax
64 732
62 651
61 441
61 441
Living cost
53 755
53 755
53 755
53 755
Free-cash
10 977
8 896
7 686
7 686

Estimated living cost  is ₽53755 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4380
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽514
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7965
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
₽18935
₽31399
₽22674
₽23135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
26 862
health

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

-
-
-
5 709
total
-
-
-
32 571
Employee
43 290
-
85 159
-
income
4 697
-
15 164
-
social contributions
4 337
-
4 341
-
total
9 034
-
19 505
-
Employer
43 290
-
85 159
-
social contributions
4 337
-
4 341
-
total
4 337
-
4 341
-
Corporate
41 873
89 500
-
-
income
14 656
31 324
-
-
total
14 656
31 324
-
-
Dividends
27 217
58 176
-
-
social contributions
4 083
4 986
-
-
total
4 083
4 986
-
-
Income
89 500
89 500
89 500
89 500
Total tax
32 110
36 310
23 846
32 571
After tax
57 390
53 190
65 654
56 929
Living cost
34 255
34 255
34 255
34 255
Free-cash
23 135
18 935
31 399
22 674

Estimated living cost  is ₽34255 per week

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

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽31856
₽21252
₽30398
₽26794
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 663
pensions
-
-
-
6 485
total
-
-
-
24 148
Employee
47 979
-
78 889
-
pensions
3 662
-
7 372
-
income
8 737
-
14 051
-
health
626
-
1 260
-
total
13 025
-
22 683
-
Employer
47 979
-
78 889
-
health
912
-
1 498
-
pensions
4 847
-
9 113
-
total
5 759
-
10 611
-
Corporate
35 761
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.

6 796
17 004
-
-
total
6 796
17 004
-
-
Dividends
28 966
72 496
-
-
withholding
2 172
5 686
-
-
total
2 172
5 686
-
-
Income
89 500
89 500
89 500
89 500
Total tax
27 752
22 690
33 294
24 148
After tax
61 748
66 810
56 206
65 352
Living cost
34 954
34 954
34 954
34 954
Free-cash
26 794
31 856
21 252
30 398

Estimated living cost  is ₽34954 per week

₽23978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7322
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽15455
₽23157
₽38760
₽3767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
241
income
-
-
-
21 397
other
-
-
-
353
health
-
-
-
2 079
pensions
-
-
-
3 966
total
-
-
-
28 036
Employee
35 715
-
75 873
-
pensions
4 022
-
7 272
-
income
4 900
-
14 053
-
health
4 089
-
8 687
-
total
13 011
-
30 012
-
Employer
35 715
-
75 873
-
pensions
5 807
-
10 501
-
accident
596
-
1 267
-
unemployment
875
-
1 859
-
total
7 278
-
13 627
-
Corporate
46 507
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.

41 856
80 550
-
-
total
41 856
80 550
-
-
Dividends
4 651
8 950
-
-
withholding
884
1 701
-
-
total
884
1 701
-
-
Income
89 500
89 500
89 500
89 500
Total tax
63 029
82 251
43 639
28 036
After tax
26 471
7 249
45 861
61 464
Living cost
22 704
22 704
22 704
22 704
Free-cash
3 767
-15 455
23 157
38 760

Estimated living cost  is ₽22704 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4261
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽62566
₽42402
₽38544
₽58738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 596
unemployment
-
-
-
1 074
work injury
-
-
-
447
health insurance
-
-
-
6 623
pensions
-
-
-
16 468
total
-
-
-
38 208
Employee

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

20 397
-
89 500
-
health insurance
1 509
-
5 585
-
unemployment
245
-
906
-
work injury
102
-
377
-
pensions
3 753
-
13 886
-
income
2 040
-
13 596
-
total
7 649
-
34 350
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 103
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%.

-
895
-
-
total
-
895
-
-
Dividends
69 103
88 605
-
-
withholding
10 365
13 291
-
-
total
10 365
13 291
-
-
Income
89 500
89 500
89 500
89 500
Total tax
18 014
14 186
34 350
38 208
After tax
71 486
75 314
55 150
51 292
Living cost
12 748
12 748
12 748
12 748
Free-cash
58 738
62 566
42 402
38 544

Estimated living cost  is ₽12748 per week

₽7898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽926
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽9550
₽3781
₽7874
₽5256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
23 019
regional
-
-
-
1 743
municipal
-
-
-
598
national
-
-
-
18 673
total
-
-
-
44 033
Employee
79 519
-
89 500
-
municipal
475
-
534
-
national
13 438
-
15 952
-
regional
1 201
-
1 460
-
social contributions
26 813
-
30 180
-
total
41 927
-
48 126
-
Employer
79 519
-
89 500
-
total
-
-
-
-
Corporate
9 981
89 500
-
-
municipal
482
4 314
-
-
nationa
2 396
21 480
-
-
total
2 878
25 794
-
-
Dividends
7 103
63 706
-
-
withholding
1 846
16 563
-
-
total
1 846
16 563
-
-
Income
89 500
89 500
89 500
89 500
Total tax
46 651
42 357
48 126
44 033
After tax
42 849
47 143
41 374
45 467
Living cost
37 593
37 593
37 593
37 593
Free-cash
5 256
9 550
3 781
7 874

Estimated living cost  is ₽37593 per week

₽26407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8032
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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