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
₽ 91500
per

Your estimated
City
free-cash

Dresden , Germany
₽15725
₽26887
₽28616
₽35637
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
trade
-
-
-
7 021
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.

-
-
-
17 443
health

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

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

-
-
-
6 894
surtax

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

-
-
-
959
total
-
-
-
32 317
Employee

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

38 599
-
91 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
959
-
income

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

1 078
-
17 443
-
total
8 031
-
25 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 901
91 500
-
-
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.

437
755
-
-
income
7 934
13 726
-
-
trade
8 333
14 411
-
-
chamber of commerce
230
285
-
-
total
16 934
29 177
-
-
Dividends
35 967
62 323
-
-
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.

473
835
-
-
withholding
8 608
15 196
-
-
total
9 081
16 031
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 046
45 208
25 296
32 317
After tax
57 454
46 292
66 204
59 183
Living cost
30 567
30 567
30 567
30 567
Free-cash
26 887
15 725
35 637
28 616

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dresden model

Close
Reykjavik , Iceland
₽6102
₽5254
₽4533
₽5252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
9 417
pensions
-
-
-
10 980
national
-
-
-
14 592
social contributions
-
-
-
984
total
-
-
-
35 973
Employee
79 050
-
79 101
-
municipal
9 764
-
9 771
-
pensions
3 162
-
3 164
-
national
15 130
-
15 141
-
total
28 056
-
28 076
-
Employer
79 050
-
79 101
-
social contributions
850
-
850
-
pensions
6 324
-
6 328
-
total
7 174
-
7 178
-
Corporate
59
91 500
-
-
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%.

12
18 300
-
-
total
12
18 300
-
-
Dividends
47
73 200
-
-
withholding
10
16 104
-
-
total
10
16 104
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 252
34 404
35 254
35 973
After tax
56 248
57 096
56 246
55 527
Living cost
50 994
50 994
50 994
50 994
Free-cash
5 254
6 102
5 252
4 533

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Reykjavik model

Close
Riga , Latvia
₽52204
₽43928
₽27957
₽30686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
microenterprise
-
-
-
-
income
-
-
-
13 130
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.

-
-
-
29 418
total
-
-
-
42 548
Employee
29 489
-
73 737
-
social contributions

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

3 244
-
8 111
-
surtax
-
-
-
-
income
5 249
-
13 945
-
total
8 493
-
22 056
-
Employer
29 489
-
73 737
-
social contributions

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

7 103
-
17 763
-
surtax
-
-
-
-
total
7 103
-
17 763
-
Corporate
54 908
91 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

10 981
18 301
-
-
total
10 981
18 301
-
-
Dividends

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

43 927
73 199
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
26 577
18 301
39 819
42 548
After tax
64 923
73 199
51 681
48 952
Living cost
20 995
20 995
20 995
20 995
Free-cash
43 928
52 204
30 686
27 957

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽3047
-₽8712
₽9714
-₽8712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
16 132
pensions
-
-
-
11 824
health
-
-
-
11 554
total
-
-
-
39 510
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
57 936
52 271
57 936
39 510
After tax
33 564
39 229
33 564
51 990
Living cost
42 276
42 276
42 276
42 276
Free-cash
-8 712
-3 047
-8 712
9 714

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽10967
₽10092
₽7848
₽9871
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
19 903
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
44 660
Employee
55 560
-
69 624
-
municipal
16 568
-
20 762
-
national
-
-
-
-
total
16 568
-
20 762
-
Employer
55 560
-
69 624
-
accident
111
-
139
-
other
6 456
-
8 090
-
unemployment
1 467
-
1 838
-
pensions
6 006
-
7 526
-
health
3 417
-
4 282
-
total
17 457
-
21 875
-
Corporate
18 483
91 500
-
-
income
4 066
20 130
-
-
total
4 066
20 130
-
-
Dividends
14 417
71 370
-
-
withholding
4 325
21 411
-
-
total
4 325
21 411
-
-
Income
91 500
91 500
91 500
91 500
Total tax
42 416
41 541
42 637
44 660
After tax
49 084
49 959
48 863
46 840
Living cost
38 992
38 992
38 992
38 992
Free-cash
10 092
10 967
9 871
7 848

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
₽6176
₽20354
₽19226
₽26559
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
trade
-
-
-
7 333
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.

-
-
-
17 443
health

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

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

-
-
-
6 894
surtax

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

-
-
-
959
total
-
-
-
32 629
Employee

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

51 178
-
91 500
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
959
-
income

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

4 397
-
17 443
-
total
11 532
-
25 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 322
91 500
-
-
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.

333
755
-
-
income
6 048
13 726
-
-
trade
6 634
15 051
-
-
chamber of commerce
211
283
-
-
total
13 226
29 815
-
-
Dividends
27 097
61 686
-
-
surtax

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

352
827
-
-
withholding
6 391
15 037
-
-
total
6 743
15 864
-
-
Income
91 500
91 500
91 500
91 500
Total tax
31 501
45 679
25 296
32 629
After tax
59 999
45 821
66 204
58 871
Living cost
39 645
39 645
39 645
39 645
Free-cash
20 354
6 176
26 559
19 226

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34296
₽30112
₽33463
₽33372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
8 698
health
-
-
-
2 333
social contributions
-
-
-
14 273
total
-
-
-
25 304
Employee
77 601
77 601
83 070
-
social contributions
3 771
6 441
6 894
-
health
772
1 320
1 411
-
income
8 149
7 184
8 660
-
total
12 692
14 945
16 965
-
Employer
77 601
77 601
83 070
-
social contributions
3 771
6 441
6 894
-
health
841
1 436
1 536
-
total
4 612
7 877
8 430
-
Corporate
41 464
6 022
-
-
income
5 182
753
-
-
total
5 182
753
-
-
Dividends
36 282
5 269
-
-
withholding
6 169
896
-
-
total
6 169
896
-
-
Income
91 500
91 500
91 500
91 500
Total tax
28 655
24 471
25 395
25 304
After tax
62 845
67 029
66 105
66 196
Living cost
32 733
32 733
32 733
32 733
Free-cash
30 112
34 296
33 372
33 463

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽33245
₽33627
₽45050
₽34706
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
11 186
pensions
-
-
-
9 150
unemployment
-
-
-
1 373
health
-
-
-
6 405
total
-
-
-
28 114
Employee

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
76 569
-
health
1 853
737
5 360
-
income
3 236
1 288
9 361
-
pensions
2 647
1 053
7 657
-
unemployment
397
158
1 149
-
total
8 133
3 236
23 527
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
76 569
-
pensions
5 161
2 054
14 931
-
total
5 161
2 054
14 931
-
Corporate
59 870
78 912
-
-
income
5 388
7 102
-
-
total
5 388
7 102
-
-
Dividends
54 482
71 810
-
-
social contributions
10 504
13 883
-
-
withholding
10 351
13 644
-
-
total
20 855
27 527
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 537
39 919
38 458
28 114
After tax
51 963
51 581
53 042
63 386
Living cost
18 336
18 336
18 336
18 336
Free-cash
33 627
33 245
34 706
45 050

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽48824
₽42556
₽24670
₽28364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
12 261
pensions
-
-
-
18 299
health
-
-
-
11 895
total
-
-
-
42 455
Employee
28 629
-
68 386
-
income
3 223
-
13 186
-
pensions
573
-
1 367
-
unemployment
458
-
1 094
-
total
4 254
-
15 647
-
Employer
28 629
-
68 386
-
unemployment
230
-
548
-
pensions
5 726
-
13 676
-
health
3 721
-
8 890
-
total
9 677
-
23 114
-
Corporate
53 194
91 500
-
-
income
10 638
18 301
-
-
total
10 638
18 301
-
-
Dividends
42 556
73 199
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
24 569
18 301
38 761
42 455
After tax
66 931
73 199
52 739
49 045
Living cost
24 375
24 375
24 375
24 375
Free-cash
42 556
48 824
28 364
24 670

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽14660
₽4026
₽40785
₽24635
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
253
income
-
-
-
21 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 643
Employee
34 721
-
77 263
-
health
3 975
-
8 847
-
income
4 763
-
14 056
-
pensions
3 910
-
7 654
-
total
12 648
-
30 557
-
Employer
34 721
-
77 263
-
accident
580
-
1 290
-
unemployment
851
-
1 893
-
pensions
5 646
-
11 053
-
total
7 077
-
14 236
-
Corporate
49 703
91 500
-
-
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.

44 733
82 350
-
-
total
44 733
82 350
-
-
Dividends
4 970
9 150
-
-
withholding
944
1 738
-
-
total
944
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
65 402
84 088
44 793
28 643
After tax
26 098
7 412
46 707
62 857
Living cost
22 072
22 072
22 072
22 072
Free-cash
4 026
-14 660
24 635
40 785

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77845
₽76142
₽81505
₽64120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
11 349
-
91 500
-
income
2 270
-
18 300
-
total
2 270
-
18 300
-
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%.

80 151
91 500
-
-
total
-
-
-
-
Dividends
80 151
91 500
-
-
withholding
4 008
4 575
-
-
total
4 008
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
6 278
4 575
18 300
915
After tax
85 222
86 925
73 200
90 585
Living cost
9 080
9 080
9 080
9 080
Free-cash
76 142
77 845
64 120
81 505

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽40335
₽33520
₽22654
₽26741
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
11 623
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.

-
-
-
21 961
other
-
-
-
4 345
health
-
-
-
4 026
total
-
-
-
41 955
Employee
36 642
-
73 082
-
health
513
-
1 023
-
income
6 308
-
12 580
-
pensions

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

2 564
-
5 115
-
unemployment
366
-
732
-
total
9 751
-
19 450
-
Employer
36 642
-
73 082
-
accident
293
-
584
-
other
1 833
-
3 654
-
unemployment
366
-
732
-
pensions

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

6 230
-
12 425
-
health
513
-
1 023
-
total
9 235
-
18 418
-
Corporate
45 623
91 500
-
-
income
9 581
19 214
-
-
total
9 581
19 214
-
-
Dividends
36 042
72 286
-
-
withholding
2 522
5 060
-
-
total
2 522
5 060
-
-
Income
91 500
91 500
91 500
91 500
Total tax
31 089
24 274
37 868
41 955
After tax
60 411
67 226
53 632
49 545
Living cost
26 891
26 891
26 891
26 891
Free-cash
33 520
40 335
26 741
22 654

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
₽831
-₽17456
-₽24
-₽10100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
17 255
pensions
-
-
-
6 543
total
-
-
-
23 798
Employee
95 822
-
80 735
-
health
1 579
-
1 269
-
income
17 273
-
14 407
-
pensions
9 244
-
7 433
-
total
28 096
-
23 109
-
Employer
95 822
-
80 735
-
pensions
11 314
-
9 231
-
health
1 820
-
1 534
-
total
13 134
-
10 765
-
Corporate
-
91 500
-
-
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.

-
17 385
-
-
total
-
17 385
-
-
Dividends
-
74 115
-
-
withholding
-
5 558
-
-
total
-
5 558
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 230
22 943
33 874
23 798
After tax
50 270
68 557
57 626
67 702
Living cost
67 726
67 726
67 726
67 726
Free-cash
-17 456
831
-10 100
-24

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for London model

Close
Varna , Bulgaria
₽64993
₽60304
₽55119
₽57775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 142
Employee
17 531
-
84 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 458
-
pensions

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

1 539
-
3 097
-
total
4 291
-
13 565
-
Employer
17 531
-
84 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
70 529
91 500
-
-
income
7 053
9 150
-
-
total
7 053
9 150
-
-
Dividends
63 476
82 350
-
-
withholding
3 173
4 118
-
-
total
3 173
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
17 957
13 268
20 486
23 142
After tax
73 543
78 232
71 014
68 358
Living cost
13 239
13 239
13 239
13 239
Free-cash
60 304
64 993
57 775
55 119

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽16732
-₽18446
-₽3971
-₽22397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
16 132
pensions
-
-
-
11 824
health
-
-
-
11 554
total
-
-
-
39 510
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
53 985
52 271
57 936
39 510
After tax
37 515
39 229
33 564
51 990
Living cost
55 961
55 961
55 961
55 961
Free-cash
-18 446
-16 732
-22 397
-3 971

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽38827
₽30205
₽20394
₽22263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
7 864
health
-
-
-
12 353
solidarity contribution
-
-
-
-
social contributions
-
-
-
26 718
total
-
-
-
46 935
Employee
35 546
-
68 284
-
social contributions
2 310
-
4 438
-
health
4 799
-
9 218
-
solidarity contribution
-
-
-
-
income
4 265
-
8 194
-
total
11 374
-
21 850
-
Employer
35 546
-
68 284
-
social contributions
8 886
-
17 071
-
health
3 199
-
6 145
-
total
12 085
-
23 216
-
Corporate
43 869
91 500
-
-
income
8 335
17 385
-
-
total
8 335
17 385
-
-
Dividends
35 534
74 115
-
-
withholding
5 330
11 117
-
-
total
5 330
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 124
28 502
45 066
46 935
After tax
54 376
62 998
46 434
44 565
Living cost
24 171
24 171
24 171
24 171
Free-cash
30 205
38 827
22 263
20 394

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6235
₽966
₽5065
₽713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
544
regional
-
-
-
994
national
-
-
-
18 780
social contributions
-
-
-
23 533
total
-
-
-
43 851
Employee
89 690
-
91 500
-
social contributions
30 243
-
30 854
-
regional
846
-
867
-
municipal
475
-
485
-
national
15 541
-
15 997
-
total
47 105
-
48 203
-
Employer
89 690
-
91 500
-
total
-
-
-
-
Corporate
1 810
91 500
-
-
nationa
435
21 961
-
-
municipal
71
3 568
-
-
total
506
25 529
-
-
Dividends
1 305
65 972
-
-
withholding
339
17 152
-
-
total
339
17 152
-
-
Income
91 500
91 500
91 500
91 500
Total tax
47 950
42 681
48 203
43 851
After tax
43 550
48 819
43 297
47 649
Living cost
42 584
42 584
42 584
42 584
Free-cash
966
6 235
713
5 065

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽35285
₽32143
₽25771
₽24011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
16 550
pensions
-
-
-
18 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 498
surtax
-
-
-
1 881
total
-
-
-
43 460
Employee
33 373
-
75 589
-
other
-
-
-
-
health
852
-
1 929
-
surtax
109
-
1 678
-
income
5 594
-
15 399
-
pensions
2 225
-
5 042
-
unemployment
2 323
-
5 261
-
total
11 103
-
29 309
-
Employer
33 373
-
75 589
-
other
-
-
-
-
unemployment
1 057
-
2 396
-
pensions
4 449
-
10 075
-
health
1 519
-
3 440
-
total
7 025
-
15 911
-
Corporate
51 102
91 500
-
-
income
13 287
23 790
-
-
total
13 287
23 790
-
-
Dividends
37 815
67 710
-
-
withholding
5 673
10 156
-
-
total
5 673
10 156
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 088
33 946
45 220
43 460
After tax
54 412
57 554
46 280
48 040
Living cost
22 269
22 269
22 269
22 269
Free-cash
32 143
35 285
24 011
25 771

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽22288
₽14317
₽21433
₽11357
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
17 255
pensions
-
-
-
6 543
total
-
-
-
23 798
Employee
64 218
-
80 735
-
health
932
-
1 269
-
income
11 566
-
14 407
-
pensions
5 451
-
7 433
-
total
17 949
-
23 109
-
Employer
64 218
-
80 735
-
pensions
6 952
-
9 231
-
health
1 220
-
1 534
-
total
8 172
-
10 765
-
Corporate
19 111
91 500
-
-
income

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

3 631
17 385
-
-
total
3 631
17 385
-
-
Dividends
15 480
74 115
-
-
withholding
1 162
5 558
-
-
total
1 162
5 558
-
-
Income
91 500
91 500
91 500
91 500
Total tax
30 914
22 943
33 874
23 798
After tax
60 586
68 557
57 626
67 702
Living cost
46 269
46 269
46 269
46 269
Free-cash
14 317
22 288
11 357
21 433

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽34434
-₽6264
₽391
-₽4307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
city
-
-
-
964
pensions
-
-
-
8 418
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.

-
-
-
1 830
regional
-
-
-
2 948
health
-
-
-
249
national
-
-
-
426
total
-
-
-
14 835
Employee
89 260
-
81 897
-
city
958
-
880
-
regional
2 923
-
2 523
-
health
202
-
184
-
pensions
7 499
-
6 880
-
unemployment
-
-
-
-
national
422
-
364
-
total
12 004
-
10 831
-
Employer
89 260
-
81 897
-
other

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

1 785
-
1 638
-
unemployment
-
-
-
-
pensions
7 499
-
6 880
-
health
202
-
184
-
total
9 486
-
8 702
-
Corporate
-
91 500
-
-
regional
-
19 353
-
-
national
-
7 777
-
-
total
-
27 130
-
-
Dividends
-
64 370
-
-
withholding
-
22 530
-
-
total
-
22 530
-
-
Income
91 500
91 500
91 500
91 500
Total tax
21 490
49 660
19 533
14 835
After tax
70 010
41 840
71 967
76 665
Living cost
76 274
76 274
76 274
76 274
Free-cash
-6 264
-34 434
-4 307
391

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽883
₽15484
₽12328
₽19973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
trade
-
-
-
7 645
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.

-
-
-
17 443
health

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

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

-
-
-
6 894
surtax

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

-
-
-
959
total
-
-
-
32 941
Employee

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

60 650
-
91 500
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
959
-
income

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

7 132
-
17 443
-
total
14 419
-
25 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
30 850
91 500
-
-
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.

255
755
-
-
income
4 627
13 726
-
-
trade
5 291
15 692
-
-
chamber of commerce
197
282
-
-
total
10 370
30 455
-
-
Dividends
20 480
61 046
-
-
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.

260
818
-
-
withholding
4 736
14 879
-
-
total
4 996
15 697
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 785
46 152
25 296
32 941
After tax
61 715
45 348
66 204
58 559
Living cost
46 231
46 231
46 231
46 231
Free-cash
15 484
-883
19 973
12 328

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Munich model

Close
Nice , France
₽11589
₽17551
₽18432
₽18126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
7 382
pensions
-
-
-
24 537
other
-
-
-
2 838
health
-
-
-
1 176
surtax
-
-
-
-
social contributions
-
-
-
2 608
total
-
-
-
38 541
Employee
43 191
-
69 723
-
social contributions
1 231
-
1 986
-
surtax
-
-
-
-
income
2 549
-
7 202
-
pensions
4 884
-
7 886
-
total
8 664
-
17 074
-
Employer
43 191
-
69 723
-
other
1 490
-
2 405
-
social contributions
130
-
209
-
unemployment
1 748
-
2 823
-
pensions
7 095
-
11 456
-
health
3 024
-
4 880
-
total
13 487
-
21 773
-
Corporate
34 820
91 500
-
-
surtax
-
-
-
-
income
9 750
25 620
-
-
total
9 750
25 620
-
-
Dividends
25 071
65 880
-
-
surtax
-
-
-
-
social contributions
4 311
11 332
-
-
withholding
3 210
8 432
-
-
total
7 521
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 422
45 384
38 847
38 541
After tax
52 078
46 116
52 653
52 959
Living cost
34 527
34 527
34 527
34 527
Free-cash
17 551
11 589
18 126
18 432

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽15009
₽20617
₽21852
₽21546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
7 382
pensions
-
-
-
24 537
other
-
-
-
2 838
health
-
-
-
1 176
surtax
-
-
-
-
social contributions
-
-
-
2 608
total
-
-
-
38 541
Employee
38 554
-
69 723
-
social contributions
1 099
-
1 986
-
surtax
-
-
-
-
income
1 988
-
7 202
-
pensions
4 361
-
7 886
-
total
7 448
-
17 074
-
Employer
38 554
-
69 723
-
other
1 331
-
2 405
-
social contributions
115
-
209
-
unemployment
1 561
-
2 823
-
pensions
6 335
-
11 456
-
health
2 698
-
4 880
-
total
12 040
-
21 773
-
Corporate
40 905
91 500
-
-
surtax
-
-
-
-
income
11 454
25 620
-
-
total
11 454
25 620
-
-
Dividends
29 451
65 880
-
-
surtax
-
-
-
-
social contributions
5 065
11 332
-
-
withholding
3 769
8 432
-
-
total
8 834
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 776
45 384
38 847
38 541
After tax
51 724
46 116
52 653
52 959
Living cost
31 107
31 107
31 107
31 107
Free-cash
20 617
15 009
21 546
21 852

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽34425
₽34949
₽37362
₽38010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 726
health
-
-
-
6 387
social contributions
-
-
-
12 626
total
-
-
-
32 739
Employee
34 217
-
91 500
-
social contributions
4 723
-
12 626
-
health
2 388
-
6 387
-
income
5 707
-
13 078
-
total
12 818
-
32 091
-
Employer
34 217
-
91 500
-
total
-
-
-
-
Corporate
57 283
91 500
-
-
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%.

2 865
4 575
-
-
total
2 865
4 575
-
-
Dividends
54 418
86 925
-
-
health
3 798
6 067
-
-
social contributions
7 509
11 996
-
-
withholding
8 162
13 038
-
-
total
19 469
31 101
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 152
35 676
32 091
32 739
After tax
56 348
55 824
59 409
58 761
Living cost
21 399
21 399
21 399
21 399
Free-cash
34 949
34 425
38 010
37 362

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
₽15890
₽14329
₽11541
-₽6131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
chamber of commerce
-
-
-
366
income
-
-
-
13 716
pensions
-
-
-
16 928
unemployment
-
-
-
6 190
health
-
-
-
7 000
surtax
-
-
-
199
total
-
-
-
44 399
Employee
50 434
40 217
70 895
-
other
504
402
709
-
health
1 952
1 557
2 744
-
income
5 742
2 967
11 858
-
pensions
5 165
4 117
7 260
-
unemployment
1 513
1 207
2 128
-
total
14 876
10 250
24 699
-
Employer
50 434
40 217
70 895
-
accident
655
523
921
-
other
2 396
1 909
3 369
-
chamber of commerce
201
161
283
-
unemployment
1 513
1 207
2 128
-
surtax
199
199
199
-
pensions
6 329
5 048
8 898
-
payroll
1 513
1 207
2 128
-
health
1 906
1 521
2 679
-
total
14 712
11 775
20 605
-
Corporate
26 354
39 509
67 065
-
income

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

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

6 588
9 876
16 767
-
total
6 588
9 876
16 767
-
Dividends
19 766
29 632
-
-
withholding
5 435
8 149
-
-
total
5 435
8 149
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 611
40 050
62 071
44 399
After tax
49 889
51 450
29 429
47 101
Living cost
35 560
35 560
35 560
35 560
Free-cash
14 329
15 890
-6 131
11 541

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Vienna model

Close
Brussels , Belgium
₽14555
-₽1699
₽7330
-₽561
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
national
-
-
-
28 945
communal

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

-
-
-
4 663
social contributions
-
-
-
13 766
total
-
-
-
47 374
Employee

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

72 187
-
70 870
-
communal

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

3 765
-
3 696
-
health

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

3 392
-
3 332
-
pensions

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

5 414
-
5 314
-
unemployment

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

628
-
617
-
national
22 193
-
21 676
-
total
35 392
-
34 635
-
Employer

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

72 187
-
70 870
-
accident

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

938
-
921
-
unemployment

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

1 053
-
1 034
-
surtax
8 185
-
8 036
-
pensions

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

6 396
-
6 280
-
health

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

4 439
-
4 359
-
total
21 011
-
20 630
-
Corporate
-
91 500
-
-
surtax
-
366
-
-
income
-
18 301
-
-
total
-
18 667
-
-
Dividends
-
72 833
-
-
withholding

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

-
21 482
-
-
total
-
21 482
-
-
Income
91 500
91 500
91 500
91 500
Total tax
56 403
40 149
55 265
47 374
After tax
35 097
51 351
36 235
44 126
Living cost
36 796
36 796
36 796
36 796
Free-cash
-1 699
14 555
-561
7 330

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽25226
₽17186
₽11904
₽12552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
823
income
-
-
-
15 701
pensions
-
-
-
25 894
other
-
-
-
92
unemployment
-
-
-
640
total
-
-
-
43 150
Employee
50 235
-
69 382
-
other
50
-
69
-
income
10 599
-
15 979
-
pensions
2 361
-
3 261
-
unemployment
779
-
1 076
-
total
13 789
-
20 385
-
Employer
50 235
-
69 382
-
accident
994
-
1 373
-
other
400
-
553
-
unemployment
2 764
-
3 817
-
pensions
11 855
-
16 374
-
total
16 013
-
22 117
-
Corporate
25 253
91 500
-
-
income

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

3 788
13 726
-
-
total
3 788
13 726
-
-
Dividends
21 465
77 774
-
-
withholding
4 278
16 102
-
-
total
4 278
16 102
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 868
29 828
42 502
43 150
After tax
53 632
61 672
48 998
48 350
Living cost
36 446
36 446
36 446
36 446
Free-cash
17 186
25 226
12 552
11 904

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
₽1428
-₽5002
-₽1385
₽2977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
772
income
-
-
-
6 806
pensions
-
-
-
13 714
health
-
-
-
6 429
surtax
-
-
-
4 537
communal
-
-
-
5 784
total
-
-
-
38 042
Employee
76 425
-
81 733
-
health
3 401
-
3 637
-
surtax
4 684
-
5 010
-
income
7 382
-
8 729
-
pensions
6 113
-
6 538
-
total
21 580
-
23 914
-
Employer
76 425
-
81 733
-
accident
688
-
735
-
pensions
6 113
-
6 538
-
health
2 331
-
2 493
-
total
9 132
-
9 766
-
Corporate
5 944
91 500
-
-
surtax
63
961
-
-
communal
-
6 176
-
-
income
892
13 726
-
-
total
955
20 863
-
-
Dividends
4 989
70 637
-
-
income
9 243
3 770
-
-
withholding
749
10 596
-
-
total
9 992
14 366
-
-
Income
91 500
91 500
91 500
91 500
Total tax
41 659
35 229
33 680
38 042
After tax
49 841
56 271
57 820
53 458
Living cost
54 843
54 843
54 843
54 843
Free-cash
-5 002
1 428
2 977
-1 385

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽34887
₽31677
₽25373
₽23613
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
16 550
pensions
-
-
-
18 301
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 498
surtax
-
-
-
1 881
total
-
-
-
43 460
Employee
33 986
-
75 589
-
other
-
-
-
-
health
868
-
1 929
-
surtax
121
-
1 678
-
income
5 697
-
15 399
-
pensions
2 267
-
5 042
-
unemployment
2 365
-
5 261
-
total
11 318
-
29 309
-
Employer
33 986
-
75 589
-
other
-
-
-
-
unemployment
1 078
-
2 396
-
pensions
4 531
-
10 075
-
health
1 545
-
3 440
-
total
7 154
-
15 911
-
Corporate
50 359
91 500
-
-
income
13 094
23 790
-
-
total
13 094
23 790
-
-
Dividends
37 266
67 710
-
-
withholding
5 590
10 156
-
-
total
5 590
10 156
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 156
33 946
45 220
43 460
After tax
54 344
57 554
46 280
48 040
Living cost
22 667
22 667
22 667
22 667
Free-cash
31 677
34 887
23 613
25 373

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽20909
₽18669
₽20078
₽15749
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
544
regional
-
-
-
1 380
national
-
-
-
18 780
social contributions
-
-
-
23 533
total
-
-
-
44 237
Employee
55 981
-
91 500
-
social contributions
18 877
-
30 854
-
regional
754
-
1 230
-
municipal
297
-
485
-
national
8 869
-
15 997
-
total
28 797
-
48 566
-
Employer
55 981
-
91 500
-
total
-
-
-
-
Corporate
35 519
91 500
-
-
nationa
8 524
21 961
-
-
municipal
1 766
4 548
-
-
total
10 290
26 509
-
-
Dividends
25 229
64 991
-
-
withholding
6 559
16 897
-
-
total
6 559
16 897
-
-
Income
91 500
91 500
91 500
91 500
Total tax
45 646
43 406
48 566
44 237
After tax
45 854
48 094
42 934
47 263
Living cost
27 185
27 185
27 185
27 185
Free-cash
18 669
20 909
15 749
20 078

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽33213
₽22588
₽14780
₽16649
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
7 864
health
-
-
-
12 353
solidarity contribution
-
-
-
-
social contributions
-
-
-
26 718
total
-
-
-
46 935
Employee
43 801
-
68 284
-
social contributions
2 847
-
4 438
-
health
5 913
-
9 218
-
solidarity contribution
-
-
-
-
income
5 256
-
8 194
-
total
14 016
-
21 850
-
Employer
43 801
-
68 284
-
social contributions
10 950
-
17 071
-
health
3 942
-
6 145
-
total
14 892
-
23 216
-
Corporate
32 806
91 500
-
-
income
6 233
17 385
-
-
total
6 233
17 385
-
-
Dividends
26 573
74 115
-
-
withholding
3 986
11 117
-
-
total
3 986
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 127
28 502
45 066
46 935
After tax
52 373
62 998
46 434
44 565
Living cost
29 785
29 785
29 785
29 785
Free-cash
22 588
33 213
16 649
14 780

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19362
₽18862
₽15103
-₽2777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
chamber of commerce
-
-
-
366
income
-
-
-
13 716
pensions
-
-
-
16 928
unemployment
-
-
-
6 190
health
-
-
-
7 000
surtax
-
-
-
-
total
-
-
-
44 200
Employee
44 114
40 217
71 054
-
other
440
402
711
-
health
1 706
1 557
2 750
-
income
3 930
2 967
11 960
-
pensions
4 518
4 117
7 276
-
unemployment
1 323
1 207
2 132
-
total
11 917
10 250
24 829
-
Employer
44 114
40 217
71 054
-
accident
573
523
923
-
other
2 095
1 909
3 374
-
chamber of commerce
176
161
283
-
unemployment
1 323
1 207
2 132
-
surtax
-
-
-
-
pensions
5 537
5 048
8 917
-
payroll
1 323
1 207
2 132
-
health
1 668
1 521
2 685
-
total
12 695
11 576
20 446
-
Corporate
34 690
39 708
67 224
-
income

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

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

8 674
9 926
16 805
-
total
8 674
9 926
16 805
-
Dividends
26 017
29 782
-
-
withholding
7 155
8 189
-
-
total
7 155
8 189
-
-
Income
91 500
91 500
91 500
91 500
Total tax
40 441
39 941
62 080
44 200
After tax
51 059
51 559
29 420
47 300
Living cost
32 197
32 197
32 197
32 197
Free-cash
18 862
19 362
-2 777
15 103

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Graz model

Close
Tbilisi , Georgia
₽72776
₽70123
₽76436
₽59051
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
91 500
microenterprise

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

-
-
-
915
total
-
-
-
915
Employee
17 686
-
91 500
-
income
3 537
-
18 300
-
total
3 537
-
18 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

73 814
91 500
-
-
total
-
-
-
-
Dividends
73 814
91 500
-
-
withholding
3 691
4 575
-
-
total
3 691
4 575
-
-
Income
91 500
91 500
91 500
91 500
Total tax
7 228
4 575
18 300
915
After tax
84 272
86 925
73 200
90 585
Living cost
14 149
14 149
14 149
14 149
Free-cash
70 123
72 776
59 051
76 436

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽35929
₽27488
₽20683
₽18062
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
17 896
pensions
-
-
-
16 709
unemployment
-
-
-
138
health
-
-
-
9 005
total
-
-
-
43 748
Employee

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

44 626
-
79 172
-
health
2 882
-
5 113
-
income
7 696
-
16 546
-
pensions
6 917
-
12 272
-
unemployment
63
-
111
-
total
17 558
-
34 042
-
Employer

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

44 626
-
79 172
-
unemployment
27
-
48
-
pensions
3 949
-
7 007
-
health
2 972
-
5 272
-
total
6 948
-
12 327
-
Corporate
39 926
91 500
-
-
income
7 586
17 385
-
-
total
7 586
17 385
-
-
Dividends
32 340
74 115
-
-
withholding
4 851
11 117
-
-
total
4 851
11 117
-
-
Income
91 500
91 500
91 500
91 500
Total tax
36 943
28 502
46 369
43 748
After tax
54 557
62 998
45 131
47 752
Living cost
27 069
27 069
27 069
27 069
Free-cash
27 488
35 929
18 062
20 683

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽12085
-₽59109
₽19650
₽34628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
17 835
social contributions
-
-
-
10 431
total
-
-
-
28 266
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
91 500
-
-
income
-
20 130
-
-
total
-
20 130
-
-
Dividends
-
71 370
-
-
income
-
15 701
-
-
total
-
15 701
-
-
Income
91 500
91 500
91 500
91 500
Total tax
107 025
35 831
13 288
28 266
After tax
-15 525
55 669
78 212
63 234
Living cost
43 584
43 584
43 584
43 584
Free-cash
-59 109
12 085
34 628
19 650

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20390
₽19375
₽19834
₽15564
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
8 214
surtax
-
-
-
-
social contributions

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

-
-
-
31 797
total
-
-
-
40 011
Employee
46 415
-
73 938
-
social contributions
5 106
-
8 133
-
surtax
-
-
-
-
income
9 654
-
18 588
-
total
14 760
-
26 721
-
Employer
46 415
-
73 938
-
social contributions
11 023
-
17 560
-
total
11 023
-
17 560
-
Corporate
34 062
91 500
-
-
surtax
-
-
-
-
income
7 153
19 214
-
-
total
7 153
19 214
-
-
Dividends
26 909
72 286
-
-
withholding
7 534
20 241
-
-
total
7 534
20 241
-
-
Income
91 500
91 500
91 500
91 500
Total tax
40 470
39 455
44 281
40 011
After tax
51 030
52 045
47 219
51 489
Living cost
31 655
31 655
31 655
31 655
Free-cash
19 375
20 390
15 564
19 834

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽2626
₽4310
₽4217
₽3911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
7 382
pensions
-
-
-
24 537
other
-
-
-
2 838
health
-
-
-
1 176
surtax
-
-
-
-
social contributions
-
-
-
2 608
total
-
-
-
38 541
Employee
63 207
-
69 723
-
social contributions
1 800
-
1 986
-
surtax
-
-
-
-
income
5 515
-
7 202
-
pensions
7 149
-
7 886
-
total
14 464
-
17 074
-
Employer
63 207
-
69 723
-
other
2 181
-
2 405
-
social contributions
190
-
209
-
unemployment
2 561
-
2 823
-
pensions
10 386
-
11 456
-
health
4 424
-
4 880
-
total
19 742
-
21 773
-
Corporate
8 552
91 500
-
-
surtax
-
-
-
-
income
2 394
25 620
-
-
total
2 394
25 620
-
-
Dividends
6 158
65 880
-
-
surtax
-
-
-
-
social contributions
1 059
11 332
-
-
withholding
789
8 432
-
-
total
1 848
19 764
-
-
Income
91 500
91 500
91 500
91 500
Total tax
38 448
45 384
38 847
38 541
After tax
53 052
46 116
52 653
52 959
Living cost
48 742
48 742
48 742
48 742
Free-cash
4 310
-2 626
3 911
4 217

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽52014
₽48623
₽39764
₽42328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
1 270
social contributions
-
-
-
20 130
total
-
-
-
21 400
Employee
32 444
-
79 220
-
income
-
-
1 406
-
social contributions
2 109
-
5 150
-
total
2 109
-
6 556
-
Employer
32 444
-
79 220
-
social contributions
5 029
-
12 280
-
total
5 029
-
12 280
-
Corporate
54 027
91 500
-
-
income
5 403
9 150
-
-
total
5 403
9 150
-
-
Dividends
48 624
82 350
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
12 541
9 150
18 836
21 400
After tax
78 959
82 350
72 664
70 100
Living cost
30 336
30 336
30 336
30 336
Free-cash
48 623
52 014
42 328
39 764

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽128473
-₽128473
₽8613
-₽128473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
16 579
pensions
-
-
-
875
national
-
-
-
9 560
labour market
-
-
-
7 250
total
-
-
-
34 264
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
91 500
91 500
91 500
91 500
Total tax
171 350
171 350
171 350
34 264
After tax
-79 850
-79 850
-79 850
57 236
Living cost
48 623
48 623
48 623
48 623
Free-cash
-128 473
-128 473
-128 473
8 613

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽14334
₽4077
₽41111
₽24961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
253
income
-
-
-
21 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 643
Employee
34 209
-
77 263
-
health
3 917
-
8 847
-
income
4 693
-
14 056
-
pensions
3 852
-
7 654
-
total
12 462
-
30 557
-
Employer
34 209
-
77 263
-
accident
571
-
1 290
-
unemployment
838
-
1 893
-
pensions
5 562
-
11 053
-
total
6 971
-
14 236
-
Corporate
50 320
91 500
-
-
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.

45 288
82 350
-
-
total
45 288
82 350
-
-
Dividends
5 032
9 150
-
-
withholding
956
1 738
-
-
total
956
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
65 677
84 088
44 793
28 643
After tax
25 823
7 412
46 707
62 857
Living cost
21 746
21 746
21 746
21 746
Free-cash
4 077
-14 334
24 961
41 111

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Krakow model

Close
Helsinki , Finland
₽22812
₽19642
₽27285
₽14202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
91 500
municipal
-
-
-
16 292
health
-
-
-
988
national
-
-
-
8 190
total
-
-
-
25 470
Employee
53 095
-
76 974
-
health
396
-
764
-
municipal
8 697
-
12 575
-
pensions
3 583
-
5 196
-
unemployment
797
-
1 155
-
national
877
-
4 340
-
total
14 350
-
24 030
-
Employer
53 095
-
76 974
-
accident
54
-
77
-
unemployment
345
-
500
-
pensions
9 212
-
13 354
-
health
408
-
592
-
total
10 019
-
14 523
-
Corporate
28 387
91 500
-
-
income
5 678
18 301
-
-
total
5 678
18 301
-
-
Dividends

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

17 031
54 899
-
-
national
-
1 760
-
-
municipal
3 066
9 882
-
-
total
3 066
11 642
-
-
Income
91 500
91 500
91 500
91 500
Total tax
33 113
29 943
38 553
25 470
After tax
58 387
61 557
52 947
66 030
Living cost
38 745
38 745
38 745
38 745
Free-cash
19 642
22 812
14 202
27 285

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽43664
₽38174
₽42831
₽42740
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
8 698
health
-
-
-
2 333
social contributions
-
-
-
14 273
total
-
-
-
25 304
Employee
77 601
77 601
83 070
-
social contributions
2 934
6 441
6 894
-
health
601
1 320
1 411
-
income
8 449
7 184
8 660
-
total
11 984
14 945
16 965
-
Employer
77 601
77 601
83 070
-
social contributions
2 934
6 441
6 894
-
health
653
1 436
1 536
-
total
3 587
7 877
8 430
-
Corporate
52 563
6 022
-
-
income
6 571
753
-
-
total
6 571
753
-
-
Dividends
45 992
5 269
-
-
withholding
7 819
896
-
-
total
7 819
896
-
-
Income
91 500
91 500
91 500
91 500
Total tax
29 961
24 471
25 395
25 304
After tax
61 539
67 029
66 105
66 196
Living cost
23 365
23 365
23 365
23 365
Free-cash
38 174
43 664
42 740
42 831

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59748
₽54614
₽56780
₽40443
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
91 500
income
-
-
-
8 597
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
18 697
Employee

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

23 164
-
82 955
-
health
1 969
-
7 051
-
income
1 584
-
6 579
-
pensions
3 474
-
12 442
-
unemployment
115
-
416
-
total
7 142
-
26 488
-
Employer

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

23 164
-
82 955
-
unemployment
115
-
416
-
pensions
1 274
-
4 562
-
health
996
-
3 568
-
total
2 385
-
8 546
-
Corporate
65 951
91 500
-
-
income
5 935
8 235
-
-
total
5 935
8 235
-
-
Dividends
60 017
83 265
-
-
withholding
5 401
7 494
-
-
total
5 401
7 494
-
-
Income
91 500
91 500
91 500
91 500
Total tax
20 863
15 729
35 034
18 697
After tax
70 637
75 771
56 466
72 803
Living cost
16 023
16 023
16 023
16 023
Free-cash
54 614
59 748
40 443
56 780

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽33921
₽28627
₽20599
₽21247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
823
income
-
-
-
15 701
pensions
-
-
-
25 894
other
-
-
-
92
unemployment
-
-
-
640
total
-
-
-
43 150
Employee
37 315
-
69 382
-
other
36
-
69
-
income
7 194
-
15 979
-
pensions
1 754
-
3 261
-
unemployment
578
-
1 076
-
total
9 562
-
20 385
-
Employer
37 315
-
69 382
-
accident
739
-
1 373
-
other
299
-
553
-
unemployment
2 053
-
3 817
-
pensions
8 806
-
16 374
-
total
11 897
-
22 117
-
Corporate
42 288
91 500
-
-
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.

6 343
13 726
-
-
total
6 343
13 726
-
-
Dividends
35 945
77 774
-
-
withholding
7 320
16 102
-
-
total
7 320
16 102
-
-
Income
91 500
91 500
91 500
91 500
Total tax
35 122
29 828
42 502
43 150
After tax
56 378
61 672
48 998
48 350
Living cost
27 751
27 751
27 751
27 751
Free-cash
28 627
33 921
21 247
20 599

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽54340
₽53886
₽55101
₽54903
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
30 176
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
33 643
Employee
4 198
-
89 238
-
health
210
-
503
-
income
812
-
30 070
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
31 579
-
Employer
4 198
-
89 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
86 358
91 500
-
-
income
18 999
20 130
-
-
total
18 999
20 130
-
-
Dividends
67 359
71 370
-
-
withholding
13 472
14 274
-
-
total
13 472
14 274
-
-
Income
91 500
91 500
91 500
91 500
Total tax
34 858
34 404
33 841
33 643
After tax
56 642
57 096
57 659
57 857
Living cost
2 756
2 756
2 756
2 756
Free-cash
53 886
54 340
54 903
55 101

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽48656
₽43691
₽29814
₽29815
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
16 040
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
44 233
Employee

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

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

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

26 319
-
78 149
-
health
1 355
-
3 841
-
income
3 628
-
16 040
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
30 882
-
Employer

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

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

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

26 319
-
78 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
60 470
91 500
-
-
income
9 071
13 725
-
-
total
9 071
13 725
-
-
Dividends
51 400
77 775
-
-
withholding
7 710
11 666
-
-
total
7 710
11 666
-
-
Income
91 500
91 500
91 500
91 500
Total tax
30 356
25 391
44 232
44 233
After tax
61 144
66 109
47 268
47 267
Living cost
17 453
17 453
17 453
17 453
Free-cash
43 691
48 656
29 815
29 814

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽24838
₽24475
₽24282
₽20012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
8 214
surtax
-
-
-
-
social contributions

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

-
-
-
31 797
total
-
-
-
40 011
Employee
39 169
-
73 938
-
social contributions
4 309
-
8 133
-
surtax
-
-
-
-
income
7 653
-
18 588
-
total
11 962
-
26 721
-
Employer
39 169
-
73 938
-
social contributions
9 302
-
17 560
-
total
9 302
-
17 560
-
Corporate
43 030
91 500
-
-
surtax
-
-
-
-
income
9 036
19 214
-
-
total
9 036
19 214
-
-
Dividends
33 994
72 286
-
-
withholding
9 518
20 241
-
-
total
9 518
20 241
-
-
Income
91 500
91 500
91 500
91 500
Total tax
39 818
39 455
44 281
40 011
After tax
51 682
52 045
47 219
51 489
Living cost
27 207
27 207
27 207
27 207
Free-cash
24 475
24 838
20 012
24 282

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽26205
₽18509
₽12883
₽13531
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
823
income
-
-
-
15 701
pensions
-
-
-
25 894
other
-
-
-
92
unemployment
-
-
-
640
total
-
-
-
43 150
Employee
48 739
-
69 382
-
other
48
-
69
-
income
10 180
-
15 979
-
pensions
2 290
-
3 261
-
unemployment
755
-
1 076
-
total
13 273
-
20 385
-
Employer
48 739
-
69 382
-
accident
965
-
1 373
-
other
391
-
553
-
unemployment
2 681
-
3 817
-
pensions
11 502
-
16 374
-
total
15 539
-
22 117
-
Corporate
27 222
91 500
-
-
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.

4 083
13 726
-
-
total
4 083
13 726
-
-
Dividends
23 139
77 774
-
-
withholding
4 629
16 102
-
-
total
4 629
16 102
-
-
Income
91 500
91 500
91 500
91 500
Total tax
37 524
29 828
42 502
43 150
After tax
53 976
61 672
48 998
48 350
Living cost
35 467
35 467
35 467
35 467
Free-cash
18 509
26 205
13 531
12 883

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽60861
₽54707
₽50987
₽53643
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
13 725
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 142
Employee
23 001
-
84 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 458
-
pensions

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

2 019
-
3 097
-
total
5 630
-
13 565
-
Employer
23 001
-
84 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
63 986
91 500
-
-
income
6 399
9 150
-
-
total
6 399
9 150
-
-
Dividends
57 587
82 350
-
-
withholding
2 880
4 118
-
-
total
2 880
4 118
-
-
Income
91 500
91 500
91 500
91 500
Total tax
19 422
13 268
20 486
23 142
After tax
72 078
78 232
71 014
68 358
Living cost
17 371
17 371
17 371
17 371
Free-cash
54 707
60 861
53 643
50 987

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽8270
₽21472
₽20846
₽27242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
trade
-
-
-
6 396
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.

-
-
-
17 443
health

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

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

-
-
-
6 894
surtax

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

-
-
-
959
total
-
-
-
31 692
Employee

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

50 213
-
91 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
959
-
income

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

4 129
-
17 443
-
total
11 251
-
25 296
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 287
91 500
-
-
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.

341
755
-
-
income
6 193
13 726
-
-
trade
5 925
13 130
-
-
chamber of commerce
214
287
-
-
total
12 673
27 898
-
-
Dividends
28 613
63 603
-
-
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.

372
854
-
-
withholding
6 770
15 516
-
-
total
7 142
16 370
-
-
Income
91 500
91 500
91 500
91 500
Total tax
31 066
44 268
25 296
31 692
After tax
60 434
47 232
66 204
59 808
Living cost
38 962
38 962
38 962
38 962
Free-cash
21 472
8 270
27 242
20 846

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Berlin model

Close
Dublin , Ireland
₽6564
₽8790
₽6155
₽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
-
-
-
91 500
income
-
-
-
19 919
social contributions
-
-
-
7 939
total
-
-
-
27 858
Employee
78 941
-
91 500
-
income
14 896
-
19 919
-
social contributions
6 558
-
7 939
-
total
21 454
-
27 858
-
Employer
78 941
-
91 500
-
total
-
-
-
-
Corporate
12 559
91 500
-
-
income
1 570
11 437
-
-
total
1 570
11 437
-
-
Dividends
10 989
80 063
-
-
withholding
2 199
16 012
-
-
total
2 199
16 012
-
-
Income
91 500
91 500
91 500
91 500
Total tax
25 223
27 449
27 858
27 858
After tax
66 277
64 051
63 642
63 642
Living cost
57 487
57 487
57 487
57 487
Free-cash
8 790
6 564
6 155
6 155

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Dublin model

Close
Sliema , Malta
₽17509
₽22413
₽19398
₽30420
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
86 858
-
income
5 023
-
15 162
-
social contributions
4 638
-
4 642
-
total
9 661
-
19 804
-
Employer
46 295
-
86 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
40 566
91 500
-
-
income
14 199
32 025
-
-
total
14 199
32 025
-
-
Dividends
26 368
59 475
-
-
social contributions
3 955
5 332
-
-
total
3 955
5 332
-
-
Income
91 500
91 500
91 500
91 500
Total tax
32 453
37 357
24 446
35 468
After tax
59 047
54 143
67 054
56 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
22 413
17 509
30 420
19 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽30942
₽25229
₽30087
₽20011
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
income
-
-
-
17 255
pensions
-
-
-
6 543
total
-
-
-
23 798
Employee
51 632
-
80 735
-
health
674
-
1 269
-
income
9 403
-
14 407
-
pensions
3 941
-
7 433
-
total
14 018
-
23 109
-
Employer
51 632
-
80 735
-
pensions
5 216
-
9 231
-
health
981
-
1 534
-
total
6 197
-
10 765
-
Corporate
33 670
91 500
-
-
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.

6 396
17 385
-
-
total
6 396
17 385
-
-
Dividends
27 274
74 115
-
-
withholding
2 045
5 558
-
-
total
2 045
5 558
-
-
Income
91 500
91 500
91 500
91 500
Total tax
28 656
22 943
33 874
23 798
After tax
62 844
68 557
57 626
67 702
Living cost
37 615
37 615
37 615
37 615
Free-cash
25 229
30 942
20 011
30 087

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

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

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

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽16488
₽3746
₽38957
₽22807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
accident
-
-
-
253
income
-
-
-
21 656
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
28 643
Employee
37 595
-
77 263
-
health
4 304
-
8 847
-
income
5 158
-
14 056
-
pensions
4 233
-
7 654
-
total
13 695
-
30 557
-
Employer
37 595
-
77 263
-
accident
628
-
1 290
-
unemployment
921
-
1 893
-
pensions
6 113
-
11 053
-
total
7 662
-
14 236
-
Corporate
46 244
91 500
-
-
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.

41 619
82 350
-
-
total
41 619
82 350
-
-
Dividends
4 624
9 150
-
-
withholding
878
1 738
-
-
total
878
1 738
-
-
Income
91 500
91 500
91 500
91 500
Total tax
63 854
84 088
44 793
28 643
After tax
27 646
7 412
46 707
62 857
Living cost
23 900
23 900
23 900
23 900
Free-cash
3 746
-16 488
22 807
38 957

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64144
₽59237
₽38926
₽41898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
91 500
work injury
-
-
-
457
health insurance
-
-
-
6 771
income
-
-
-
13 781
pensions
-
-
-
16 836
unemployment
-
-
-
1 098
total
-
-
-
38 943
Employee

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

21 810
-
91 500
-
work injury
109
-
403
-
income
2 181
-
13 781
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
35 971
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
69 690
91 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
69 690
91 500
-
-
withholding
10 453
13 725
-
-
total
10 453
13 725
-
-
Income
91 500
91 500
91 500
91 500
Total tax
18 632
13 725
35 971
38 943
After tax
72 868
77 775
55 529
52 557
Living cost
13 631
13 631
13 631
13 631
Free-cash
59 237
64 144
41 898
38 926

Estimated living cost  is ₽13631 per week

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

Source of data for Skopje model

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Rome , Italy
₽7992
₽3401
₽6633
₽2448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
91 500
municipal
-
-
-
611
regional
-
-
-
1 740
national
-
-
-
18 780
social contributions
-
-
-
23 533
total
-
-
-
44 664
Employee
85 040
-
91 500
-
social contributions
28 675
-
30 854
-
regional
1 284
-
1 452
-
municipal
508
-
546
-
national
14 371
-
15 997
-
total
44 838
-
48 849
-
Employer
85 040
-
91 500
-
total
-
-
-
-
Corporate
6 460
91 500
-
-
nationa
1 551
21 961
-
-
municipal
312
4 411
-
-
total
1 863
26 372
-
-
Dividends
4 597
65 129
-
-
withholding
1 195
16 933
-
-
total
1 195
16 933
-
-
Income
91 500
91 500
91 500
91 500
Total tax
47 896
43 305
48 849
44 664
After tax
43 604
48 195
42 651
46 836
Living cost
40 203
40 203
40 203
40 203
Free-cash
3 401
7 992
2 448
6 633

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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