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
₽ 92500
per

Your estimated
City
free-cash

Dresden , Germany
₽16370
₽27480
₽29124
₽36339
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
trade
-
-
-
7 215
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.

-
-
-
17 892
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.

-
-
-
6 862
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.

-
-
-
984
total
-
-
-
32 953
Employee

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

38 417
-
92 500
-
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.

6 862
-
6 862
-
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
-
984
-
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.

1 073
-
17 892
-
total
7 994
-
25 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
54 083
92 500
-
-
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.

446
762
-
-
income
8 112
13 874
-
-
trade
8 518
14 568
-
-
chamber of commerce
231
286
-
-
total
17 307
29 490
-
-
Dividends
36 775
63 009
-
-
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.

484
846
-
-
withholding
8 812
15 371
-
-
total
9 296
16 217
-
-
Income
92 500
92 500
92 500
92 500
Total tax
34 597
45 707
25 738
32 953
After tax
57 903
46 793
66 762
59 547
Living cost
30 423
30 423
30 423
30 423
Free-cash
27 480
16 370
36 339
29 124

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7037
₽6194
₽5397
₽6122
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
9 541
pensions
-
-
-
11 100
national
-
-
-
14 785
social contributions
-
-
-
994
total
-
-
-
36 420
Employee
78 568
-
79 965
-
municipal
9 704
-
9 899
-
pensions
3 143
-
3 199
-
national
15 038
-
15 340
-
total
27 885
-
28 438
-
Employer
78 568
-
79 965
-
social contributions
845
-
860
-
pensions
6 285
-
6 397
-
total
7 130
-
7 257
-
Corporate
1 617
92 500
-
-
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%.

323
18 500
-
-
total
323
18 500
-
-
Dividends
1 293
74 000
-
-
withholding
285
16 280
-
-
total
285
16 280
-
-
Income
92 500
92 500
92 500
92 500
Total tax
35 623
34 780
35 695
36 420
After tax
56 877
57 720
56 805
56 080
Living cost
50 683
50 683
50 683
50 683
Free-cash
6 194
7 037
6 122
5 397

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53104
₽44865
₽28574
₽31333
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
microenterprise
-
-
-
-
income
-
-
-
13 291
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.

-
-
-
29 739
total
-
-
-
43 030
Employee
29 350
-
74 543
-
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.

3 229
-
8 200
-
surtax
-
-
-
-
income
5 225
-
14 114
-
total
8 454
-
22 314
-
Employer
29 350
-
74 543
-
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.

7 070
-
17 957
-
surtax
-
-
-
-
total
7 070
-
17 957
-
Corporate
56 080
92 500
-
-
income

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

11 215
18 500
-
-
total
11 215
18 500
-
-
Dividends

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

44 865
74 000
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
26 739
18 500
40 271
43 030
After tax
65 761
74 000
52 229
49 470
Living cost
20 896
20 896
20 896
20 896
Free-cash
44 865
53 104
31 333
28 574

Estimated living cost  is ₽20896 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1603
-₽7241
₽10472
-₽7241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
16 602
pensions
-
-
-
11 768
health
-
-
-
11 581
total
-
-
-
39 951
Employee
85 774
85 774
85 774
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 774
85 774
85 774
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
57 664
52 026
57 664
39 951
After tax
34 836
40 474
34 836
52 549
Living cost
42 077
42 077
42 077
42 077
Free-cash
-7 241
-1 603
-7 241
10 472

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11542
₽10668
₽8592
₽10432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
20 207
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
44 945
Employee
55 518
-
70 385
-
municipal
16 556
-
20 989
-
national
-
-
-
-
total
16 556
-
20 989
-
Employer
55 518
-
70 385
-
accident
111
-
141
-
other
6 451
-
8 179
-
unemployment
1 466
-
1 858
-
pensions
6 001
-
7 609
-
health
3 414
-
4 329
-
total
17 443
-
22 116
-
Corporate
19 538
92 500
-
-
income
4 298
20 350
-
-
total
4 298
20 350
-
-
Dividends
15 239
72 150
-
-
withholding
4 572
21 645
-
-
total
4 572
21 645
-
-
Income
92 500
92 500
92 500
92 500
Total tax
42 869
41 995
43 105
44 945
After tax
49 631
50 505
49 395
47 555
Living cost
38 963
38 963
38 963
38 963
Free-cash
10 668
11 542
10 432
8 592

Estimated living cost  is ₽38963 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6860
₽20970
₽19769
₽27304
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
trade
-
-
-
7 535
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.

-
-
-
17 892
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.

-
-
-
6 862
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.

-
-
-
984
total
-
-
-
33 273
Employee

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

50 937
-
92 500
-
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.

6 862
-
6 862
-
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.

240
-
984
-
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.

4 376
-
17 892
-
total
11 478
-
25 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 563
92 500
-
-
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.

343
762
-
-
income
6 235
13 874
-
-
trade
6 837
15 216
-
-
chamber of commerce
212
284
-
-
total
13 627
30 136
-
-
Dividends
27 937
62 363
-
-
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.

364
837
-
-
withholding
6 603
15 209
-
-
total
6 967
16 046
-
-
Income
92 500
92 500
92 500
92 500
Total tax
32 072
46 182
25 738
33 273
After tax
60 428
46 318
66 762
59 227
Living cost
39 458
39 458
39 458
39 458
Free-cash
20 970
6 860
27 304
19 769

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35176
₽31012
₽34124
₽34030
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
9 010
health
-
-
-
2 358
social contributions
-
-
-
14 429
total
-
-
-
25 797
Employee
77 236
77 236
83 976
-
social contributions
3 753
6 410
6 971
-
health
768
1 313
1 428
-
income
8 110
7 150
8 968
-
total
12 631
14 873
17 367
-
Employer
77 236
77 236
83 976
-
social contributions
3 753
6 410
6 971
-
health
837
1 430
1 553
-
total
4 590
7 840
8 524
-
Corporate
42 700
7 425
-
-
income
5 337
928
-
-
total
5 337
928
-
-
Dividends
37 363
6 496
-
-
withholding
6 351
1 104
-
-
total
6 351
1 104
-
-
Income
92 500
92 500
92 500
92 500
Total tax
28 909
24 745
25 891
25 797
After tax
63 591
67 755
66 609
66 703
Living cost
32 579
32 579
32 579
32 579
Free-cash
31 012
35 176
34 030
34 124

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33910
₽34290
₽45851
₽35394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
11 308
pensions
-
-
-
9 250
unemployment
-
-
-
1 387
health
-
-
-
6 475
total
-
-
-
28 420
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.

26 314
10 473
77 406
-
health
1 842
733
5 418
-
income
3 217
1 280
9 463
-
pensions
2 631
1 047
7 741
-
unemployment
395
157
1 161
-
total
8 085
3 217
23 783
-
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.

26 314
10 473
77 406
-
pensions
5 131
2 042
15 094
-
total
5 131
2 042
15 094
-
Corporate
61 055
79 985
-
-
income
5 495
7 199
-
-
total
5 495
7 199
-
-
Dividends
55 560
72 787
-
-
social contributions
10 714
14 074
-
-
withholding
10 556
13 829
-
-
total
21 270
27 903
-
-
Income
92 500
92 500
92 500
92 500
Total tax
39 981
40 361
38 877
28 420
After tax
52 519
52 139
53 623
64 080
Living cost
18 229
18 229
18 229
18 229
Free-cash
34 290
33 910
35 394
45 851

Estimated living cost  is ₽18229 per week

₽12440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49739
₽43499
₽25318
₽29055
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
12 395
pensions
-
-
-
18 500
health
-
-
-
12 026
total
-
-
-
42 921
Employee
28 494
-
69 133
-
income
3 208
-
13 329
-
pensions
570
-
1 382
-
unemployment
456
-
1 106
-
total
4 234
-
15 817
-
Employer
28 494
-
69 133
-
unemployment
229
-
553
-
pensions
5 699
-
13 827
-
health
3 704
-
8 987
-
total
9 632
-
23 367
-
Corporate
54 375
92 500
-
-
income
10 874
18 500
-
-
total
10 874
18 500
-
-
Dividends
43 500
74 000
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
24 740
18 500
39 184
42 921
After tax
67 760
74 000
53 316
49 579
Living cost
24 261
24 261
24 261
24 261
Free-cash
43 499
49 739
29 055
25 318

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14552
₽4110
₽41492
₽25247
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
253
income
-
-
-
21 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
28 963
Employee
34 678
-
78 237
-
health
3 971
-
8 958
-
income
4 758
-
14 341
-
pensions
3 905
-
7 645
-
total
12 634
-
30 944
-
Employer
34 678
-
78 237
-
accident
579
-
1 307
-
unemployment
850
-
1 917
-
pensions
5 639
-
11 040
-
total
7 068
-
14 264
-
Corporate
50 754
92 500
-
-
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.

45 679
83 250
-
-
total
45 679
83 250
-
-
Dividends
5 075
9 250
-
-
withholding
964
1 757
-
-
total
964
1 757
-
-
Income
92 500
92 500
92 500
92 500
Total tax
66 345
85 007
45 208
28 963
After tax
26 155
7 493
47 292
63 537
Living cost
22 045
22 045
22 045
22 045
Free-cash
4 110
-14 552
25 247
41 492

Estimated living cost  is ₽22045 per week

₽16157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78775
₽77069
₽82475
₽64900
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
92 500
microenterprise

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

-
-
-
925
total
-
-
-
925
Employee
11 375
-
92 500
-
income
2 275
-
18 500
-
total
2 275
-
18 500
-
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%.

81 125
92 500
-
-
total
-
-
-
-
Dividends
81 125
92 500
-
-
withholding
4 056
4 625
-
-
total
4 056
4 625
-
-
Income
92 500
92 500
92 500
92 500
Total tax
6 331
4 625
18 500
925
After tax
86 169
87 875
74 000
91 575
Living cost
9 100
9 100
9 100
9 100
Free-cash
77 069
78 775
64 900
82 475

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41195
₽34413
₽23324
₽27454
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
11 749
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.

-
-
-
22 200
other
-
-
-
4 394
health
-
-
-
4 069
total
-
-
-
42 412
Employee
36 470
-
73 881
-
health
511
-
1 035
-
income
6 279
-
12 717
-
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.

2 552
-
5 171
-
unemployment
364
-
740
-
total
9 706
-
19 663
-
Employer
36 470
-
73 881
-
accident
292
-
591
-
other
1 824
-
3 694
-
unemployment
364
-
740
-
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.

6 201
-
12 559
-
health
511
-
1 035
-
total
9 192
-
18 619
-
Corporate
46 839
92 500
-
-
income
9 835
19 425
-
-
total
9 835
19 425
-
-
Dividends
37 004
73 075
-
-
withholding
2 590
5 116
-
-
total
2 590
5 116
-
-
Income
92 500
92 500
92 500
92 500
Total tax
31 323
24 541
38 282
42 412
After tax
61 177
67 959
54 218
50 088
Living cost
26 764
26 764
26 764
26 764
Free-cash
34 413
41 195
27 454
23 324

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2203
-₽15452
₽981
-₽8911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
17 768
pensions
-
-
-
6 649
total
-
-
-
24 417
Employee
94 939
-
81 582
-
health
1 564
-
1 290
-
income
17 114
-
14 546
-
pensions
9 159
-
7 557
-
total
27 837
-
23 393
-
Employer
94 939
-
81 582
-
pensions
11 210
-
9 367
-
health
1 803
-
1 549
-
total
13 013
-
10 916
-
Corporate
-
92 500
-
-
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.

-
17 576
-
-
total
-
17 576
-
-
Dividends
-
74 924
-
-
withholding
-
5 619
-
-
total
-
5 619
-
-
Income
92 500
92 500
92 500
92 500
Total tax
40 850
23 195
34 309
24 417
After tax
51 650
69 305
58 191
68 083
Living cost
67 102
67 102
67 102
67 102
Free-cash
-15 452
2 203
-8 911
981

Estimated living cost  is ₽67102 per week

₽50281
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽65919
₽61256
₽56091
₽58807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
13 875
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
23 241
Employee
17 436
-
85 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
8 562
-
pensions

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

1 531
-
3 080
-
total
4 268
-
13 642
-
Employer
17 436
-
85 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
71 643
92 500
-
-
income
7 164
9 250
-
-
total
7 164
9 250
-
-
Dividends
64 479
83 250
-
-
withholding
3 223
4 163
-
-
total
3 223
4 163
-
-
Income
92 500
92 500
92 500
92 500
Total tax
18 076
13 413
20 525
23 241
After tax
74 424
79 087
71 975
69 259
Living cost
13 168
13 168
13 168
13 168
Free-cash
61 256
65 919
58 807
56 091

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15223
-₽16928
-₽3148
-₽20861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
16 602
pensions
-
-
-
11 768
health
-
-
-
11 581
total
-
-
-
39 951
Employee
93 123
85 774
85 774
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 123
85 774
85 774
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
53 731
52 026
57 664
39 951
After tax
38 769
40 474
34 836
52 549
Living cost
55 697
55 697
55 697
55 697
Free-cash
-16 928
-15 223
-20 861
-3 148

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39667
₽31098
₽21033
₽22921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
7 950
health
-
-
-
12 488
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 010
total
-
-
-
47 448
Employee
35 322
-
69 030
-
social contributions
2 296
-
4 487
-
health
4 768
-
9 319
-
solidarity contribution
-
-
-
-
income
4 239
-
8 284
-
total
11 303
-
22 090
-
Employer
35 322
-
69 030
-
social contributions
8 831
-
17 257
-
health
3 179
-
6 213
-
total
12 010
-
23 470
-
Corporate
45 168
92 500
-
-
income
8 582
17 575
-
-
total
8 582
17 575
-
-
Dividends
36 586
74 925
-
-
withholding
5 488
11 239
-
-
total
5 488
11 239
-
-
Income
92 500
92 500
92 500
92 500
Total tax
37 383
28 814
45 560
47 448
After tax
55 117
63 686
46 940
45 052
Living cost
24 019
24 019
24 019
24 019
Free-cash
31 098
39 667
22 921
21 033

Estimated living cost  is ₽24019 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6969
₽1725
₽5675
₽1272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
549
regional
-
-
-
1 006
national
-
-
-
19 095
social contributions
-
-
-
23 792
total
-
-
-
44 442
Employee
89 267
-
92 500
-
social contributions
30 101
-
31 191
-
regional
842
-
880
-
municipal
473
-
490
-
national
15 468
-
16 284
-
total
46 884
-
48 845
-
Employer
89 267
-
92 500
-
total
-
-
-
-
Corporate
3 233
92 500
-
-
nationa
776
22 200
-
-
municipal
126
3 608
-
-
total
902
25 808
-
-
Dividends
2 331
66 692
-
-
withholding
606
17 340
-
-
total
606
17 340
-
-
Income
92 500
92 500
92 500
92 500
Total tax
48 392
43 148
48 845
44 442
After tax
44 108
49 352
43 655
48 058
Living cost
42 383
42 383
42 383
42 383
Free-cash
1 725
6 969
1 272
5 675

Estimated living cost  is ₽42383 per week

₽29544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9408
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36019
₽32892
₽26242
₽24459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
16 859
pensions
-
-
-
18 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 566
surtax
-
-
-
1 940
total
-
-
-
44 094
Employee
33 216
-
76 415
-
other
-
-
-
-
health
848
-
1 948
-
surtax
109
-
1 735
-
income
5 568
-
15 693
-
pensions
2 215
-
5 097
-
unemployment
2 312
-
5 318
-
total
11 052
-
29 791
-
Employer
33 216
-
76 415
-
other
-
-
-
-
unemployment
1 052
-
2 423
-
pensions
4 428
-
10 186
-
health
1 512
-
3 477
-
total
6 992
-
16 086
-
Corporate
52 293
92 500
-
-
income
13 596
24 049
-
-
total
13 596
24 049
-
-
Dividends
38 697
68 451
-
-
withholding
5 804
10 268
-
-
total
5 804
10 268
-
-
Income
92 500
92 500
92 500
92 500
Total tax
37 444
34 317
45 877
44 094
After tax
55 056
58 183
46 623
48 406
Living cost
22 164
22 164
22 164
22 164
Free-cash
32 892
36 019
24 459
26 242

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23463
₽15568
₽22241
₽12349
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
17 768
pensions
-
-
-
6 649
total
-
-
-
24 417
Employee
63 626
-
81 582
-
health
924
-
1 290
-
income
11 459
-
14 546
-
pensions
5 400
-
7 557
-
total
17 783
-
23 393
-
Employer
63 626
-
81 582
-
pensions
6 887
-
9 367
-
health
1 209
-
1 549
-
total
8 096
-
10 916
-
Corporate
20 778
92 500
-
-
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.

3 949
17 576
-
-
total
3 949
17 576
-
-
Dividends
16 830
74 924
-
-
withholding
1 262
5 619
-
-
total
1 262
5 619
-
-
Income
92 500
92 500
92 500
92 500
Total tax
31 090
23 195
34 309
24 417
After tax
61 410
69 305
58 191
68 083
Living cost
45 842
45 842
45 842
45 842
Free-cash
15 568
23 463
12 349
22 241

Estimated living cost  is ₽45842 per week

₽34345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34092
-₽5410
₽1084
-₽3653
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
city
-
-
-
975
pensions
-
-
-
8 509
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.

-
-
-
1 850
regional
-
-
-
2 998
health
-
-
-
249
national
-
-
-
445
total
-
-
-
15 026
Employee
89 396
-
82 794
-
city
959
-
889
-
regional
2 927
-
2 570
-
health
202
-
186
-
pensions
7 510
-
6 953
-
unemployment
-
-
-
-
national
423
-
370
-
total
12 021
-
10 968
-
Employer
89 396
-
82 794
-
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.

1 787
-
1 656
-
unemployment
-
-
-
-
pensions
7 510
-
6 953
-
health
202
-
186
-
total
9 499
-
8 795
-
Corporate
-
92 500
-
-
regional
-
19 563
-
-
national
-
7 862
-
-
total
-
27 425
-
-
Dividends
-
65 076
-
-
withholding
-
22 777
-
-
total
-
22 777
-
-
Income
92 500
92 500
92 500
92 500
Total tax
21 520
50 202
19 763
15 026
After tax
70 980
42 298
72 737
77 474
Living cost
76 390
76 390
76 390
76 390
Free-cash
-5 410
-34 092
-3 653
1 084

Estimated living cost  is ₽76390 per week

₽49675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6855
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽169
₽16115
₽12894
₽20749
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
trade
-
-
-
7 855
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.

-
-
-
17 892
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.

-
-
-
6 862
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.

-
-
-
984
total
-
-
-
33 593
Employee

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

60 364
-
92 500
-
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.

6 862
-
6 862
-
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.

391
-
984
-
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.

7 098
-
17 892
-
total
14 351
-
25 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
32 136
92 500
-
-
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.

265
762
-
-
income
4 820
13 874
-
-
trade
5 511
15 864
-
-
chamber of commerce
198
282
-
-
total
10 794
30 782
-
-
Dividends
21 342
61 717
-
-
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.

273
827
-
-
withholding
4 954
15 047
-
-
total
5 227
15 874
-
-
Income
92 500
92 500
92 500
92 500
Total tax
30 372
46 656
25 738
33 593
After tax
62 128
45 844
66 762
58 907
Living cost
46 013
46 013
46 013
46 013
Free-cash
16 115
-169
20 749
12 894

Estimated living cost  is ₽46013 per week

₽33606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12254
₽18188
₽19129
₽18688
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
7 687
pensions
-
-
-
24 541
other
-
-
-
2 869
health
-
-
-
1 275
surtax
-
-
-
-
social contributions
-
-
-
2 634
total
-
-
-
39 006
Employee
42 988
-
70 485
-
social contributions
1 226
-
2 009
-
surtax
-
-
-
-
income
2 537
-
7 450
-
pensions
4 861
-
7 973
-
total
8 624
-
17 432
-
Employer
42 988
-
70 485
-
other
1 483
-
2 432
-
social contributions
130
-
212
-
unemployment
1 740
-
2 855
-
pensions
7 062
-
11 581
-
health
3 010
-
4 935
-
total
13 425
-
22 015
-
Corporate
36 088
92 500
-
-
surtax
-
-
-
-
income
10 104
25 900
-
-
total
10 104
25 900
-
-
Dividends
25 983
66 600
-
-
surtax
-
-
-
-
social contributions
4 468
11 457
-
-
withholding
3 326
8 524
-
-
total
7 794
19 981
-
-
Income
92 500
92 500
92 500
92 500
Total tax
39 947
45 881
39 447
39 006
After tax
52 553
46 619
53 053
53 494
Living cost
34 365
34 365
34 365
34 365
Free-cash
18 188
12 254
18 688
19 129

Estimated living cost  is ₽34365 per week

₽21668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15659
₽21237
₽22534
₽22093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
7 687
pensions
-
-
-
24 541
other
-
-
-
2 869
health
-
-
-
1 275
surtax
-
-
-
-
social contributions
-
-
-
2 634
total
-
-
-
39 006
Employee
38 373
-
70 485
-
social contributions
1 094
-
2 009
-
surtax
-
-
-
-
income
1 979
-
7 450
-
pensions
4 340
-
7 973
-
total
7 413
-
17 432
-
Employer
38 373
-
70 485
-
other
1 325
-
2 432
-
social contributions
114
-
212
-
unemployment
1 553
-
2 855
-
pensions
6 305
-
11 581
-
health
2 686
-
4 935
-
total
11 983
-
22 015
-
Corporate
42 144
92 500
-
-
surtax
-
-
-
-
income
11 801
25 900
-
-
total
11 801
25 900
-
-
Dividends
30 343
66 600
-
-
surtax
-
-
-
-
social contributions
5 221
11 457
-
-
withholding
3 885
8 524
-
-
total
9 106
19 981
-
-
Income
92 500
92 500
92 500
92 500
Total tax
40 303
45 881
39 447
39 006
After tax
52 197
46 619
53 053
53 494
Living cost
30 960
30 960
30 960
30 960
Free-cash
21 237
15 659
22 093
22 534

Estimated living cost  is ₽30960 per week

₽17955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35135
₽35657
₽38106
₽38677
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
13 874
health
-
-
-
6 456
social contributions
-
-
-
12 765
total
-
-
-
33 095
Employee
34 056
-
92 500
-
social contributions
4 700
-
12 765
-
health
2 377
-
6 456
-
income
5 680
-
13 303
-
total
12 757
-
32 524
-
Employer
34 056
-
92 500
-
total
-
-
-
-
Corporate
58 444
92 500
-
-
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%.

2 922
4 624
-
-
total
2 922
4 624
-
-
Dividends
55 522
87 876
-
-
health
3 875
6 134
-
-
social contributions
7 662
12 127
-
-
withholding
8 328
13 181
-
-
total
19 865
31 442
-
-
Income
92 500
92 500
92 500
92 500
Total tax
35 544
36 066
32 524
33 095
After tax
56 956
56 434
59 976
59 405
Living cost
21 299
21 299
21 299
21 299
Free-cash
35 657
35 135
38 677
38 106

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16595
₽15040
₽12096
-₽6168
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
chamber of commerce
-
-
-
370
income
-
-
-
14 096
pensions
-
-
-
17 113
unemployment
-
-
-
6 160
health
-
-
-
7 075
surtax
-
-
-
198
total
-
-
-
45 012
Employee
50 197
40 028
71 674
-
other
501
400
717
-
health
1 942
1 550
2 773
-
income
5 714
2 953
12 504
-
pensions
5 141
4 098
7 340
-
unemployment
1 506
1 201
2 150
-
total
14 804
10 202
25 484
-
Employer
50 197
40 028
71 674
-
accident
652
520
932
-
other
2 385
1 900
3 406
-
chamber of commerce
200
160
286
-
unemployment
1 506
1 201
2 150
-
surtax
198
198
198
-
pensions
6 300
5 024
8 995
-
payroll
1 506
1 201
2 150
-
health
1 897
1 513
2 709
-
total
14 644
11 717
20 826
-
Corporate
27 661
40 754
67 862
-
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.

6 915
10 188
16 966
-
total
6 915
10 188
16 966
-
Dividends
20 745
30 565
-
-
withholding
5 705
8 406
-
-
total
5 705
8 406
-
-
Income
92 500
92 500
92 500
92 500
Total tax
42 068
40 513
63 276
45 012
After tax
50 432
51 987
29 224
47 488
Living cost
35 392
35 392
35 392
35 392
Free-cash
15 040
16 595
-6 168
12 096

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15283
-₽262
₽7792
-₽88
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
national
-
-
-
29 375
communal

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

-
-
-
4 710
social contributions
-
-
-
14 000
total
-
-
-
48 085
Employee

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

71 847
-
71 645
-
communal

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

3 747
-
3 738
-
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.

3 376
-
3 366
-
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.

5 389
-
5 373
-
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.

625
-
623
-
national
22 089
-
22 011
-
total
35 226
-
35 111
-
Employer

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

71 847
-
71 645
-
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.

934
-
932
-
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.

1 048
-
1 046
-
surtax
8 147
-
8 124
-
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.

6 366
-
6 347
-
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.

4 418
-
4 405
-
total
20 913
-
20 854
-
Corporate
-
92 500
-
-
surtax
-
370
-
-
income
-
18 500
-
-
total
-
18 870
-
-
Dividends
-
73 630
-
-
withholding

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

-
21 724
-
-
total
-
21 724
-
-
Income
92 500
92 500
92 500
92 500
Total tax
56 139
40 594
55 965
48 085
After tax
36 361
51 906
36 535
44 415
Living cost
36 623
36 623
36 623
36 623
Free-cash
-262
15 283
-88
7 792

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26070
₽18065
₽12546
₽13203
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
833
income
-
-
-
15 928
pensions
-
-
-
26 178
other
-
-
-
93
unemployment
-
-
-
648
total
-
-
-
43 680
Employee
49 998
-
70 138
-
other
50
-
71
-
income
10 549
-
16 208
-
pensions
2 350
-
3 296
-
unemployment
776
-
1 086
-
total
13 725
-
20 661
-
Employer
49 998
-
70 138
-
accident
989
-
1 390
-
other
398
-
562
-
unemployment
2 750
-
3 858
-
pensions
11 799
-
16 552
-
total
15 936
-
22 362
-
Corporate
26 565
92 500
-
-
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.

3 986
13 874
-
-
total
3 986
13 874
-
-
Dividends
22 580
78 626
-
-
withholding
4 514
16 282
-
-
total
4 514
16 282
-
-
Income
92 500
92 500
92 500
92 500
Total tax
38 161
30 156
43 023
43 680
After tax
54 339
62 344
49 477
48 820
Living cost
36 274
36 274
36 274
36 274
Free-cash
18 065
26 070
13 203
12 546

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2262
-₽4201
-₽704
₽3668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
780
income
-
-
-
7 044
pensions
-
-
-
13 865
health
-
-
-
6 498
surtax
-
-
-
4 586
communal
-
-
-
5 846
total
-
-
-
38 619
Employee
76 064
-
82 626
-
health
3 385
-
3 677
-
surtax
4 662
-
5 064
-
income
7 347
-
9 023
-
pensions
6 084
-
6 610
-
total
21 478
-
24 374
-
Employer
76 064
-
82 626
-
accident
684
-
743
-
pensions
6 084
-
6 610
-
health
2 320
-
2 520
-
total
9 088
-
9 873
-
Corporate
7 347
92 500
-
-
surtax
76
972
-
-
communal
-
6 244
-
-
income
1 102
13 874
-
-
total
1 178
21 090
-
-
Dividends
6 169
71 409
-
-
income
9 446
3 851
-
-
withholding
926
10 712
-
-
total
10 372
14 563
-
-
Income
92 500
92 500
92 500
92 500
Total tax
42 116
35 653
34 247
38 619
After tax
50 384
56 847
58 253
53 881
Living cost
54 585
54 585
54 585
54 585
Free-cash
-4 201
2 262
3 668
-704

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35622
₽32427
₽25845
₽24062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
16 859
pensions
-
-
-
18 500
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 566
surtax
-
-
-
1 940
total
-
-
-
44 094
Employee
33 826
-
76 415
-
other
-
-
-
-
health
863
-
1 948
-
surtax
120
-
1 735
-
income
5 671
-
15 693
-
pensions
2 257
-
5 097
-
unemployment
2 354
-
5 318
-
total
11 265
-
29 791
-
Employer
33 826
-
76 415
-
other
-
-
-
-
unemployment
1 073
-
2 423
-
pensions
4 510
-
10 186
-
health
1 538
-
3 477
-
total
7 121
-
16 086
-
Corporate
51 553
92 500
-
-
income
13 404
24 049
-
-
total
13 404
24 049
-
-
Dividends
38 150
68 451
-
-
withholding
5 722
10 268
-
-
total
5 722
10 268
-
-
Income
92 500
92 500
92 500
92 500
Total tax
37 512
34 317
45 877
44 094
After tax
54 988
58 183
46 623
48 406
Living cost
22 561
22 561
22 561
22 561
Free-cash
32 427
35 622
24 062
25 845

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21564
₽19335
₽20613
₽16233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
549
regional
-
-
-
1 394
national
-
-
-
19 095
social contributions
-
-
-
23 792
total
-
-
-
44 830
Employee
55 717
-
92 500
-
social contributions
18 788
-
31 191
-
regional
750
-
1 245
-
municipal
295
-
490
-
national
8 827
-
16 284
-
total
28 660
-
49 210
-
Employer
55 717
-
92 500
-
total
-
-
-
-
Corporate
36 783
92 500
-
-
nationa
8 827
22 200
-
-
municipal
1 828
4 597
-
-
total
10 655
26 797
-
-
Dividends
26 128
65 702
-
-
withholding
6 793
17 082
-
-
total
6 793
17 082
-
-
Income
92 500
92 500
92 500
92 500
Total tax
46 108
43 879
49 210
44 830
After tax
46 392
48 621
43 290
47 670
Living cost
27 057
27 057
27 057
27 057
Free-cash
19 335
21 564
16 233
20 613

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34088
₽23530
₽15454
₽17342
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
7 950
health
-
-
-
12 488
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 010
total
-
-
-
47 448
Employee
43 526
-
69 030
-
social contributions
2 829
-
4 487
-
health
5 876
-
9 319
-
solidarity contribution
-
-
-
-
income
5 223
-
8 284
-
total
13 928
-
22 090
-
Employer
43 526
-
69 030
-
social contributions
10 882
-
17 257
-
health
3 917
-
6 213
-
total
14 799
-
23 470
-
Corporate
34 175
92 500
-
-
income
6 493
17 575
-
-
total
6 493
17 575
-
-
Dividends
27 682
74 925
-
-
withholding
4 152
11 239
-
-
total
4 152
11 239
-
-
Income
92 500
92 500
92 500
92 500
Total tax
39 372
28 814
45 560
47 448
After tax
53 128
63 686
46 940
45 052
Living cost
29 598
29 598
29 598
29 598
Free-cash
23 530
34 088
17 342
15 454

Estimated living cost  is ₽29598 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20050
₽19554
₽15641
-₽2830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
chamber of commerce
-
-
-
370
income
-
-
-
14 096
pensions
-
-
-
17 113
unemployment
-
-
-
6 160
health
-
-
-
7 075
surtax
-
-
-
-
total
-
-
-
44 814
Employee
43 906
40 028
71 827
-
other
438
400
719
-
health
1 698
1 550
2 779
-
income
3 911
2 953
12 603
-
pensions
4 496
4 098
7 356
-
unemployment
1 317
1 201
2 154
-
total
11 860
10 202
25 611
-
Employer
43 906
40 028
71 827
-
accident
570
520
934
-
other
2 085
1 900
3 412
-
chamber of commerce
175
160
288
-
unemployment
1 317
1 201
2 154
-
surtax
-
-
-
-
pensions
5 511
5 024
9 014
-
payroll
1 317
1 201
2 154
-
health
1 660
1 513
2 714
-
total
12 635
11 519
20 670
-
Corporate
35 958
40 952
68 018
-
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.

8 989
10 238
17 004
-
total
8 989
10 238
17 004
-
Dividends
26 969
30 714
-
-
withholding
7 417
8 446
-
-
total
7 417
8 446
-
-
Income
92 500
92 500
92 500
92 500
Total tax
40 901
40 405
63 285
44 814
After tax
51 599
52 095
29 215
47 686
Living cost
32 045
32 045
32 045
32 045
Free-cash
19 554
20 050
-2 830
15 641

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽73694
₽71035
₽77394
₽59819
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
92 500
microenterprise

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

-
-
-
925
total
-
-
-
925
Employee
17 726
-
92 500
-
income
3 545
-
18 500
-
total
3 545
-
18 500
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

74 774
92 500
-
-
total
-
-
-
-
Dividends
74 774
92 500
-
-
withholding
3 739
4 625
-
-
total
3 739
4 625
-
-
Income
92 500
92 500
92 500
92 500
Total tax
7 284
4 625
18 500
925
After tax
85 216
87 875
74 000
91 575
Living cost
14 181
14 181
14 181
14 181
Free-cash
71 035
73 694
59 819
77 394

Estimated living cost  is ₽14181 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36747
₽28343
₽21263
₽18613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
income
-
-
-
18 161
pensions
-
-
-
16 894
unemployment
-
-
-
139
health
-
-
-
9 102
total
-
-
-
44 296
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.

44 416
-
80 038
-
health
2 869
-
5 171
-
income
7 659
-
16 794
-
pensions
6 885
-
12 407
-
unemployment
63
-
112
-
total
17 476
-
34 484
-
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.

44 416
-
80 038
-
unemployment
27
-
48
-
pensions
3 930
-
7 083
-
health
2 958
-
5 331
-
total
6 915
-
12 462
-
Corporate
41 169
92 500
-
-
income
7 823
17 574
-
-
total
7 823
17 574
-
-
Dividends
33 346
74 926
-
-
withholding
5 002
11 238
-
-
total
5 002
11 238
-
-
Income
92 500
92 500
92 500
92 500
Total tax
37 216
28 812
46 946
44 296
After tax
55 284
63 688
45 554
48 204
Living cost
26 941
26 941
26 941
26 941
Free-cash
28 343
36 747
18 613
21 263

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12715
-₽58033
₽20363
₽35656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
18 030
social contributions
-
-
-
10 545
total
-
-
-
28 575
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 071
-
12 552
-
total
88 071
-
12 552
-
Corporate
-
92 500
-
-
income
-
20 350
-
-
total
-
20 350
-
-
Dividends
-
72 150
-
-
income
-
15 873
-
-
total
-
15 873
-
-
Income
92 500
92 500
92 500
92 500
Total tax
106 971
36 223
13 282
28 575
After tax
-14 471
56 277
79 218
63 925
Living cost
43 562
43 562
43 562
43 562
Free-cash
-58 033
12 715
35 656
20 363

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21107
₽20097
₽20510
₽16141
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
income
-
-
-
8 340
surtax
-
-
-
-
social contributions

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

-
-
-
32 144
total
-
-
-
40 484
Employee
46 196
-
74 747
-
social contributions
5 082
-
8 223
-
surtax
-
-
-
-
income
9 609
-
18 879
-
total
14 691
-
27 102
-
Employer
46 196
-
74 747
-
social contributions
10 971
-
17 751
-
total
10 971
-
17 751
-
Corporate
35 333
92 500
-
-
surtax
-
-
-
-
income
7 420
19 425
-
-
total
7 420
19 425
-
-
Dividends
27 912
73 075
-
-
withholding
7 815
20 462
-
-
total
7 815
20 462
-
-
Income
92 500
92 500
92 500
92 500
Total tax
40 897
39 887
44 853
40 484
After tax
51 603
52 613
47 647
52 016
Living cost
31 506
31 506
31 506
31 506
Free-cash
20 097
21 107
16 141
20 510

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1893
₽5011
₽4982
₽4541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
7 687
pensions
-
-
-
24 541
other
-
-
-
2 869
health
-
-
-
1 275
surtax
-
-
-
-
social contributions
-
-
-
2 634
total
-
-
-
39 006
Employee
62 909
-
70 485
-
social contributions
1 792
-
2 009
-
surtax
-
-
-
-
income
5 489
-
7 450
-
pensions
7 115
-
7 973
-
total
14 396
-
17 432
-
Employer
62 909
-
70 485
-
other
2 171
-
2 432
-
social contributions
189
-
212
-
unemployment
2 548
-
2 855
-
pensions
10 337
-
11 581
-
health
4 403
-
4 935
-
total
19 648
-
22 015
-
Corporate
9 943
92 500
-
-
surtax
-
-
-
-
income
2 785
25 900
-
-
total
2 785
25 900
-
-
Dividends
7 158
66 600
-
-
surtax
-
-
-
-
social contributions
1 231
11 457
-
-
withholding
917
8 524
-
-
total
2 148
19 981
-
-
Income
92 500
92 500
92 500
92 500
Total tax
38 977
45 881
39 447
39 006
After tax
53 523
46 619
53 053
53 494
Living cost
48 512
48 512
48 512
48 512
Free-cash
5 011
-1 893
4 541
4 982

Estimated living cost  is ₽48512 per week

₽32832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3968
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53057
₽49683
₽40637
₽43232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
1 321
social contributions
-
-
-
20 349
total
-
-
-
21 670
Employee
32 291
-
80 088
-
income
-
-
1 456
-
social contributions
2 099
-
5 207
-
total
2 099
-
6 663
-
Employer
32 291
-
80 088
-
social contributions
5 005
-
12 412
-
total
5 005
-
12 412
-
Corporate
55 203
92 500
-
-
income
5 520
9 250
-
-
total
5 520
9 250
-
-
Dividends
49 683
83 250
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
12 624
9 250
19 075
21 670
After tax
79 876
83 250
73 425
70 830
Living cost
30 193
30 193
30 193
30 193
Free-cash
49 683
53 057
43 232
40 637

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽126340
-₽126340
₽9429
-₽126340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
16 808
pensions
-
-
-
871
national
-
-
-
9 689
labour market
-
-
-
7 330
total
-
-
-
34 698
Employee
204 171
204 171
204 171
-
labour market
16 310
16 310
16 310
-
national
24 943
24 943
24 943
-
municipal
43 477
43 477
43 477
-
pensions
290
290
290
-
total
85 020
85 020
85 020
-
Employer
204 171
204 171
204 171
-
labour market
16 334
16 334
16 334
-
municipal
43 546
43 546
43 546
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 447
85 447
85 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
92 500
92 500
92 500
92 500
Total tax
170 467
170 467
170 467
34 698
After tax
-77 967
-77 967
-77 967
57 802
Living cost
48 373
48 373
48 373
48 373
Free-cash
-126 340
-126 340
-126 340
9 429

Estimated living cost  is ₽48373 per week

₽33107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14227
₽4162
₽41817
₽25572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
253
income
-
-
-
21 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
28 963
Employee
34 167
-
78 237
-
health
3 912
-
8 958
-
income
4 687
-
14 341
-
pensions
3 847
-
7 645
-
total
12 446
-
30 944
-
Employer
34 167
-
78 237
-
accident
571
-
1 307
-
unemployment
837
-
1 917
-
pensions
5 555
-
11 040
-
total
6 963
-
14 264
-
Corporate
51 370
92 500
-
-
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.

46 233
83 250
-
-
total
46 233
83 250
-
-
Dividends
5 137
9 250
-
-
withholding
976
1 757
-
-
total
976
1 757
-
-
Income
92 500
92 500
92 500
92 500
Total tax
66 618
85 007
45 208
28 963
After tax
25 882
7 493
47 292
63 537
Living cost
21 720
21 720
21 720
21 720
Free-cash
4 162
-14 227
25 572
41 817

Estimated living cost  is ₽21720 per week

₽15810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23547
₽20541
₽28010
₽14834
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
92 500
municipal
-
-
-
16 469
health
-
-
-
1 005
national
-
-
-
8 453
total
-
-
-
25 927
Employee
52 845
-
77 817
-
health
395
-
780
-
municipal
8 656
-
12 712
-
pensions
3 566
-
5 253
-
unemployment
793
-
1 167
-
national
873
-
4 508
-
total
14 283
-
24 420
-
Employer
52 845
-
77 817
-
accident
53
-
78
-
unemployment
343
-
505
-
pensions
9 168
-
13 501
-
health
406
-
599
-
total
9 970
-
14 683
-
Corporate
29 684
92 500
-
-
income
5 937
18 500
-
-
total
5 937
18 500
-
-
Dividends

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

17 810
55 500
-
-
national
-
1 900
-
-
municipal
3 206
9 990
-
-
total
3 206
11 890
-
-
Income
92 500
92 500
92 500
92 500
Total tax
33 396
30 390
39 103
25 927
After tax
59 104
62 110
53 397
66 573
Living cost
38 563
38 563
38 563
38 563
Free-cash
20 541
23 547
14 834
28 010

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44500
₽39033
₽43448
₽43354
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
9 010
health
-
-
-
2 358
social contributions
-
-
-
14 429
total
-
-
-
25 797
Employee
77 236
77 236
83 976
-
social contributions
2 920
6 410
6 971
-
health
599
1 313
1 428
-
income
8 410
7 150
8 968
-
total
11 929
14 873
17 367
-
Employer
77 236
77 236
83 976
-
social contributions
2 920
6 410
6 971
-
health
650
1 430
1 553
-
total
3 570
7 840
8 524
-
Corporate
53 746
7 425
-
-
income
6 719
928
-
-
total
6 719
928
-
-
Dividends
47 027
6 496
-
-
withholding
7 994
1 104
-
-
total
7 994
1 104
-
-
Income
92 500
92 500
92 500
92 500
Total tax
30 212
24 745
25 891
25 797
After tax
62 288
67 755
66 609
66 703
Living cost
23 255
23 255
23 255
23 255
Free-cash
39 033
44 500
43 354
43 448

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60652
₽55543
₽57785
₽41131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
92 500
income
-
-
-
8 715
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
18 768
Employee

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

23 055
-
83 862
-
health
1 959
-
7 129
-
income
1 576
-
6 656
-
pensions
3 458
-
12 580
-
unemployment
114
-
419
-
total
7 107
-
26 784
-
Employer

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

23 055
-
83 862
-
unemployment
114
-
419
-
pensions
1 268
-
4 613
-
health
991
-
3 606
-
total
2 373
-
8 638
-
Corporate
67 072
92 500
-
-
income
6 037
8 326
-
-
total
6 037
8 326
-
-
Dividends
61 035
84 174
-
-
withholding
5 493
7 575
-
-
total
5 493
7 575
-
-
Income
92 500
92 500
92 500
92 500
Total tax
21 010
15 901
35 422
18 768
After tax
71 490
76 599
57 078
73 732
Living cost
15 947
15 947
15 947
15 947
Free-cash
55 543
60 652
41 131
57 785

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34723
₽29454
₽21199
₽21856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
833
income
-
-
-
15 928
pensions
-
-
-
26 178
other
-
-
-
93
unemployment
-
-
-
648
total
-
-
-
43 680
Employee
37 140
-
70 138
-
other
36
-
71
-
income
7 160
-
16 208
-
pensions
1 746
-
3 296
-
unemployment
576
-
1 086
-
total
9 518
-
20 661
-
Employer
37 140
-
70 138
-
accident
736
-
1 390
-
other
297
-
562
-
unemployment
2 043
-
3 858
-
pensions
8 764
-
16 552
-
total
11 840
-
22 362
-
Corporate
43 520
92 500
-
-
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.

6 528
13 874
-
-
total
6 528
13 874
-
-
Dividends
36 991
78 626
-
-
withholding
7 539
16 282
-
-
total
7 539
16 282
-
-
Income
92 500
92 500
92 500
92 500
Total tax
35 425
30 156
43 023
43 680
After tax
57 075
62 344
49 477
48 820
Living cost
27 621
27 621
27 621
27 621
Free-cash
29 454
34 723
21 856
21 199

Estimated living cost  is ₽27621 per week

₽18643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54969
₽54516
₽55758
₽55562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
30 529
pensions
-
-
-
2 007
health
-
-
-
1 455
total
-
-
-
33 991
Employee
4 190
-
90 243
-
health
210
-
502
-
income
811
-
30 424
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 440
-
31 929
-
Employer
4 190
-
90 243
-
unemployment
84
-
201
-
pensions
461
-
1 104
-
health
398
-
953
-
total
943
-
2 258
-
Corporate
87 367
92 500
-
-
income
19 221
20 350
-
-
total
19 221
20 350
-
-
Dividends
68 146
72 150
-
-
withholding
13 629
14 430
-
-
total
13 629
14 430
-
-
Income
92 500
92 500
92 500
92 500
Total tax
35 233
34 780
34 187
33 991
After tax
57 267
57 720
58 313
58 509
Living cost
2 751
2 751
2 751
2 751
Free-cash
54 516
54 969
55 562
55 758

Estimated living cost  is ₽2751 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49461
₽44521
₽30606
₽30605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
income
-
-
-
16 466
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 646
total
-
-
-
44 524
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.

26 193
-
79 213
-
health
1 349
-
3 823
-
income
3 610
-
16 466
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
31 238
-
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.

26 193
-
79 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
61 619
92 500
-
-
income
9 243
13 875
-
-
total
9 243
13 875
-
-
Dividends
52 376
78 625
-
-
withholding
7 856
11 794
-
-
total
7 856
11 794
-
-
Income
92 500
92 500
92 500
92 500
Total tax
30 609
25 669
44 525
44 524
After tax
61 891
66 831
47 975
47 976
Living cost
17 370
17 370
17 370
17 370
Free-cash
44 521
49 461
30 605
30 606

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25534
₽25173
₽24937
₽20568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
income
-
-
-
8 340
surtax
-
-
-
-
social contributions

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

-
-
-
32 144
total
-
-
-
40 484
Employee
38 984
-
74 747
-
social contributions
4 289
-
8 223
-
surtax
-
-
-
-
income
7 617
-
18 879
-
total
11 906
-
27 102
-
Employer
38 984
-
74 747
-
social contributions
9 258
-
17 751
-
total
9 258
-
17 751
-
Corporate
44 258
92 500
-
-
surtax
-
-
-
-
income
9 294
19 425
-
-
total
9 294
19 425
-
-
Dividends
34 964
73 075
-
-
withholding
9 790
20 462
-
-
total
9 790
20 462
-
-
Income
92 500
92 500
92 500
92 500
Total tax
40 248
39 887
44 853
40 484
After tax
52 252
52 613
47 647
52 016
Living cost
27 079
27 079
27 079
27 079
Free-cash
25 173
25 534
20 568
24 937

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27044
₽19381
₽13520
₽14177
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
833
income
-
-
-
15 928
pensions
-
-
-
26 178
other
-
-
-
93
unemployment
-
-
-
648
total
-
-
-
43 680
Employee
48 509
-
70 138
-
other
48
-
71
-
income
10 132
-
16 208
-
pensions
2 280
-
3 296
-
unemployment
751
-
1 086
-
total
13 211
-
20 661
-
Employer
48 509
-
70 138
-
accident
961
-
1 390
-
other
389
-
562
-
unemployment
2 669
-
3 858
-
pensions
11 448
-
16 552
-
total
15 467
-
22 362
-
Corporate
28 525
92 500
-
-
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.

4 279
13 874
-
-
total
4 279
13 874
-
-
Dividends
24 246
78 626
-
-
withholding
4 862
16 282
-
-
total
4 862
16 282
-
-
Income
92 500
92 500
92 500
92 500
Total tax
37 819
30 156
43 023
43 680
After tax
54 681
62 344
49 477
48 820
Living cost
35 300
35 300
35 300
35 300
Free-cash
19 381
27 044
14 177
13 520

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61811
₽55693
₽51983
₽54699
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
13 875
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
23 241
Employee
22 876
-
85 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
8 562
-
pensions

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

2 008
-
3 080
-
total
5 599
-
13 642
-
Employer
22 876
-
85 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
65 135
92 500
-
-
income
6 513
9 250
-
-
total
6 513
9 250
-
-
Dividends
58 622
83 250
-
-
withholding
2 931
4 163
-
-
total
2 931
4 163
-
-
Income
92 500
92 500
92 500
92 500
Total tax
19 531
13 413
20 525
23 241
After tax
72 969
79 087
71 975
69 259
Living cost
17 276
17 276
17 276
17 276
Free-cash
55 693
61 811
54 699
51 983

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8968
₽22105
₽21412
₽27984
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
trade
-
-
-
6 572
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.

-
-
-
17 892
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.

-
-
-
6 862
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.

-
-
-
984
total
-
-
-
32 310
Employee

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

49 976
-
92 500
-
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.

6 862
-
6 862
-
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.

227
-
984
-
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.

4 110
-
17 892
-
total
11 199
-
25 738
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 524
92 500
-
-
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.

351
762
-
-
income
6 378
13 874
-
-
trade
6 101
13 274
-
-
chamber of commerce
215
288
-
-
total
13 045
28 198
-
-
Dividends
29 478
64 301
-
-
surtax

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

385
863
-
-
withholding
6 988
15 693
-
-
total
7 373
16 556
-
-
Income
92 500
92 500
92 500
92 500
Total tax
31 617
44 754
25 738
32 310
After tax
60 883
47 746
66 762
60 190
Living cost
38 778
38 778
38 778
38 778
Free-cash
22 105
8 968
27 984
21 412

Estimated living cost  is ₽38778 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7533
₽9750
₽6827
₽6827
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
20 397
social contributions
-
-
-
8 059
total
-
-
-
28 456
Employee
78 569
-
92 500
-
income
14 826
-
20 397
-
social contributions
6 527
-
8 059
-
total
21 353
-
28 456
-
Employer
78 569
-
92 500
-
total
-
-
-
-
Corporate
13 931
92 500
-
-
income
1 742
11 562
-
-
total
1 742
11 562
-
-
Dividends
12 189
80 938
-
-
withholding
2 438
16 188
-
-
total
2 438
16 188
-
-
Income
92 500
92 500
92 500
92 500
Total tax
25 533
27 750
28 456
28 456
After tax
66 967
64 750
64 044
64 044
Living cost
57 217
57 217
57 217
57 217
Free-cash
9 750
7 533
6 827
6 827

Estimated living cost  is ₽57217 per week

₽43529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18357
₽23097
₽20718
₽31350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
income
-
-
-
28 591
health

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

-
-
-
6 730
total
-
-
-
35 321
Employee
46 077
-
87 880
-
income
5 000
-
15 449
-
social contributions
4 617
-
4 620
-
total
9 617
-
20 069
-
Employer
46 077
-
87 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
41 806
92 500
-
-
income
14 633
32 375
-
-
total
14 633
32 375
-
-
Dividends
27 173
60 125
-
-
social contributions
4 075
5 307
-
-
total
4 075
5 307
-
-
Income
92 500
92 500
92 500
92 500
Total tax
32 942
37 682
24 689
35 321
After tax
59 558
54 818
67 811
57 179
Living cost
36 461
36 461
36 461
36 461
Free-cash
23 097
18 357
31 350
20 718

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32037
₽26377
₽30815
₽20923
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
income
-
-
-
17 768
pensions
-
-
-
6 649
total
-
-
-
24 417
Employee
51 156
-
81 582
-
health
667
-
1 290
-
income
9 316
-
14 546
-
pensions
3 904
-
7 557
-
total
13 887
-
23 393
-
Employer
51 156
-
81 582
-
pensions
5 168
-
9 367
-
health
972
-
1 549
-
total
6 140
-
10 916
-
Corporate
35 204
92 500
-
-
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.

6 689
17 576
-
-
total
6 689
17 576
-
-
Dividends
28 515
74 924
-
-
withholding
2 139
5 619
-
-
total
2 139
5 619
-
-
Income
92 500
92 500
92 500
92 500
Total tax
28 855
23 195
34 309
24 417
After tax
63 645
69 305
58 191
68 083
Living cost
37 268
37 268
37 268
37 268
Free-cash
26 377
32 037
20 923
30 815

Estimated living cost  is ₽37268 per week

₽25566
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16378
₽3831
₽39666
₽23421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
accident
-
-
-
253
income
-
-
-
21 985
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
28 963
Employee
37 549
-
78 237
-
health
4 299
-
8 958
-
income
5 151
-
14 341
-
pensions
4 228
-
7 645
-
total
13 678
-
30 944
-
Employer
37 549
-
78 237
-
accident
627
-
1 307
-
unemployment
920
-
1 917
-
pensions
6 105
-
11 040
-
total
7 652
-
14 264
-
Corporate
47 299
92 500
-
-
income

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

42 569
83 250
-
-
total
42 569
83 250
-
-
Dividends
4 730
9 250
-
-
withholding
899
1 757
-
-
total
899
1 757
-
-
Income
92 500
92 500
92 500
92 500
Total tax
64 798
85 007
45 208
28 963
After tax
27 702
7 493
47 292
63 537
Living cost
23 871
23 871
23 871
23 871
Free-cash
3 831
-16 378
23 421
39 666

Estimated living cost  is ₽23871 per week

₽17518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽65059
₽60175
₽39523
₽42874
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
92 500
work injury
-
-
-
462
health insurance
-
-
-
6 845
income
-
-
-
13 974
pensions
-
-
-
17 020
unemployment
-
-
-
1 110
total
-
-
-
39 411
Employee

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

21 706
-
92 500
-
work injury
109
-
402
-
income
2 171
-
13 974
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
36 060
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
70 794
92 500
-
-
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
70 794
92 500
-
-
withholding
10 619
13 875
-
-
total
10 619
13 875
-
-
Income
92 500
92 500
92 500
92 500
Total tax
18 759
13 875
36 060
39 411
After tax
73 741
78 625
56 440
53 089
Living cost
13 566
13 566
13 566
13 566
Free-cash
60 175
65 059
42 874
39 523

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽8709
₽4140
₽7208
₽2976
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
92 500
municipal
-
-
-
618
regional
-
-
-
1 773
national
-
-
-
19 095
social contributions
-
-
-
23 792
total
-
-
-
45 278
Employee
84 639
-
92 500
-
social contributions
28 540
-
31 191
-
regional
1 278
-
1 484
-
municipal
505
-
551
-
national
14 303
-
16 284
-
total
44 626
-
49 510
-
Employer
84 639
-
92 500
-
total
-
-
-
-
Corporate
7 861
92 500
-
-
nationa
1 887
22 200
-
-
municipal
379
4 458
-
-
total
2 266
26 658
-
-
Dividends
5 594
65 841
-
-
withholding
1 454
17 119
-
-
total
1 454
17 119
-
-
Income
92 500
92 500
92 500
92 500
Total tax
48 346
43 777
49 510
45 278
After tax
44 154
48 723
42 990
47 222
Living cost
40 014
40 014
40 014
40 014
Free-cash
4 140
8 709
2 976
7 208

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close