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
₽ 93500
per

Your estimated
City
free-cash

Dresden , Germany
₽16956
₽28037
₽29609
₽37001
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
trade
-
-
-
7 392
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.

-
-
-
18 313
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.

-
-
-
6 842
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.

-
-
-
1 007
total
-
-
-
33 554
Employee

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

38 308
-
93 500
-
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.

6 842
-
6 842
-
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
-
1 007
-
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.

1 070
-
18 313
-
total
7 971
-
26 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 192
93 500
-
-
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.

456
772
-
-
income
8 279
14 025
-
-
trade
8 692
14 726
-
-
chamber of commerce
232
287
-
-
total
17 659
29 810
-
-
Dividends
37 533
63 690
-
-
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.

494
855
-
-
withholding
9 002
15 542
-
-
total
9 496
16 397
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 126
46 207
26 162
33 554
After tax
58 374
47 293
67 338
59 946
Living cost
30 337
30 337
30 337
30 337
Free-cash
28 037
16 956
37 001
29 609

Estimated living cost  is ₽30337 per week

₽19083
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7808
₽6968
₽6107
₽6841
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
9 661
pensions
-
-
-
11 220
national
-
-
-
14 971
social contributions
-
-
-
1 005
total
-
-
-
36 857
Employee
78 339
-
80 830
-
municipal
9 676
-
10 023
-
pensions
3 134
-
3 233
-
national
14 994
-
15 532
-
total
27 804
-
28 788
-
Employer
78 339
-
80 830
-
social contributions
842
-
869
-
pensions
6 267
-
6 466
-
total
7 109
-
7 335
-
Corporate
2 881
93 500
-
-
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%.

576
18 700
-
-
total
576
18 700
-
-
Dividends
2 305
74 800
-
-
withholding
507
16 456
-
-
total
507
16 456
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 996
35 156
36 123
36 857
After tax
57 504
58 344
57 377
56 643
Living cost
50 536
50 536
50 536
50 536
Free-cash
6 968
7 808
6 841
6 107

Estimated living cost  is ₽50536 per week

₽34348
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽756
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53962
₽45747
₽29151
₽31940
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
microenterprise
-
-
-
-
income
-
-
-
13 451
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.

-
-
-
30 061
total
-
-
-
43 512
Employee
29 266
-
75 349
-
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.

3 220
-
8 289
-
surtax
-
-
-
-
income
5 210
-
14 283
-
total
8 430
-
22 572
-
Employer
29 266
-
75 349
-
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.

7 050
-
18 151
-
surtax
-
-
-
-
total
7 050
-
18 151
-
Corporate
57 184
93 500
-
-
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%.

11 436
18 701
-
-
total
11 436
18 701
-
-
Dividends

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

45 748
74 799
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
26 916
18 701
40 723
43 512
After tax
66 584
74 799
52 777
49 988
Living cost
20 837
20 837
20 837
20 837
Free-cash
45 747
53 962
31 940
29 151

Estimated living cost  is ₽20837 per week

₽13293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽335
-₽5957
₽11152
-₽5957
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
17 035
pensions
-
-
-
11 735
health
-
-
-
11 621
total
-
-
-
40 391
Employee
85 530
85 530
85 530
-
health
13 128
11 166
13 128
-
income

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

14 000
14 000
14 000
-
pensions
15 395
11 735
15 395
-
total
42 523
36 901
42 523
-
Employer
85 530
85 530
85 530
-
unemployment
3 079
3 079
3 079
-
pensions
5 953
5 953
5 953
-
health
5 945
5 945
5 945
-
total
14 977
14 977
14 977
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
57 500
51 878
57 500
40 391
After tax
36 000
41 622
36 000
53 109
Living cost
41 957
41 957
41 957
41 957
Free-cash
-5 957
-335
-5 957
11 152

Estimated living cost  is ₽41957 per week

₽29734
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽667
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12498
₽11635
₽9887
₽11377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
20 582
accident
-
-
-
169
pensions
-
-
-
9 134
other
-
-
-
9 818
unemployment
-
-
-
85
health
-
-
-
5 272
national
-
-
-
-
total
-
-
-
45 060
Employee
54 934
-
71 146
-
municipal
16 381
-
21 216
-
national
-
-
-
-
total
16 381
-
21 216
-
Employer
54 934
-
71 146
-
accident
110
-
142
-
other
6 383
-
8 267
-
unemployment
1 450
-
1 878
-
pensions
5 938
-
7 691
-
health
3 378
-
4 376
-
total
17 259
-
22 354
-
Corporate
21 305
93 500
-
-
income
4 687
20 570
-
-
total
4 687
20 570
-
-
Dividends
16 618
72 930
-
-
withholding
4 985
21 879
-
-
total
4 985
21 879
-
-
Income
93 500
93 500
93 500
93 500
Total tax
43 312
42 449
43 570
45 060
After tax
50 188
51 051
49 930
48 440
Living cost
38 553
38 553
38 553
38 553
Free-cash
11 635
12 498
11 377
9 887

Estimated living cost  is ₽38553 per week

₽25551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
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.
₽8633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7468
₽21543
₽20271
₽27992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
trade
-
-
-
7 721
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.

-
-
-
18 313
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.

-
-
-
6 842
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.

-
-
-
1 007
total
-
-
-
33 883
Employee

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

50 792
-
93 500
-
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.

6 842
-
6 842
-
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.

239
-
1 007
-
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.

4 364
-
18 313
-
total
11 445
-
26 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 708
93 500
-
-
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.

352
772
-
-
income
6 405
14 025
-
-
trade
7 025
15 380
-
-
chamber of commerce
213
285
-
-
total
13 995
30 462
-
-
Dividends
28 713
63 038
-
-
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.

374
846
-
-
withholding
6 797
15 378
-
-
total
7 171
16 224
-
-
Income
93 500
93 500
93 500
93 500
Total tax
32 611
46 686
26 162
33 883
After tax
60 889
46 814
67 338
59 617
Living cost
39 346
39 346
39 346
39 346
Free-cash
21 543
7 468
27 992
20 271

Estimated living cost  is ₽39346 per week

₽26315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4149
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.
₽8295
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35993
₽31842
₽34751
₽34657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
9 294
health
-
-
-
2 383
social contributions
-
-
-
14 586
total
-
-
-
26 263
Employee
77 016
77 016
84 884
-
social contributions
3 742
6 392
7 046
-
health
766
1 310
1 443
-
income
8 087
7 129
9 252
-
total
12 595
14 831
17 741
-
Employer
77 016
77 016
84 884
-
social contributions
3 742
6 392
7 046
-
health
834
1 426
1 570
-
total
4 576
7 818
8 616
-
Corporate
43 841
8 666
-
-
income
5 480
1 083
-
-
total
5 480
1 083
-
-
Dividends
38 362
7 583
-
-
withholding
6 521
1 289
-
-
total
6 521
1 289
-
-
Income
93 500
93 500
93 500
93 500
Total tax
29 172
25 021
26 357
26 263
After tax
64 328
68 479
67 143
67 237
Living cost
32 486
32 486
32 486
32 486
Free-cash
31 842
35 993
34 657
34 751

Estimated living cost  is ₽32486 per week

₽22207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34473
₽34852
₽46548
₽35979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
11 430
pensions
-
-
-
9 350
unemployment
-
-
-
1 403
health
-
-
-
6 545
total
-
-
-
28 728
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.

26 307
10 470
78 243
-
health
1 841
733
5 477
-
income
3 216
1 280
9 565
-
pensions
2 631
1 047
7 824
-
unemployment
395
157
1 174
-
total
8 083
3 217
24 040
-
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.

26 307
10 470
78 243
-
pensions
5 130
2 042
15 257
-
total
5 130
2 042
15 257
-
Corporate
62 064
80 989
-
-
income
5 586
7 289
-
-
total
5 586
7 289
-
-
Dividends
56 478
73 700
-
-
social contributions
10 894
14 252
-
-
withholding
10 731
14 003
-
-
total
21 625
28 255
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 424
40 803
39 297
28 728
After tax
53 076
52 697
54 203
64 772
Living cost
18 224
18 224
18 224
18 224
Free-cash
34 852
34 473
35 979
46 548

Estimated living cost  is ₽18224 per week

₽12436
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.
₽3932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50607
₽44387
₽25923
₽29703
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
12 529
pensions
-
-
-
18 701
health
-
-
-
12 155
total
-
-
-
43 385
Employee
28 413
-
69 878
-
income
3 199
-
13 472
-
pensions
568
-
1 397
-
unemployment
454
-
1 118
-
total
4 221
-
15 987
-
Employer
28 413
-
69 878
-
unemployment
228
-
559
-
pensions
5 683
-
13 976
-
health
3 693
-
9 083
-
total
9 604
-
23 618
-
Corporate
55 483
93 500
-
-
income
11 096
18 701
-
-
total
11 096
18 701
-
-
Dividends
44 387
74 799
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
24 921
18 701
39 605
43 385
After tax
68 579
74 799
53 895
50 115
Living cost
24 192
24 192
24 192
24 192
Free-cash
44 387
50 607
29 703
25 923

Estimated living cost  is ₽24192 per week

₽16593
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1441
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14382
₽4206
₽42259
₽25942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
252
income
-
-
-
22 336
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
29 286
Employee
34 536
-
79 241
-
health
3 954
-
9 073
-
income
4 738
-
14 657
-
pensions
3 889
-
7 614
-
total
12 581
-
31 344
-
Employer
34 536
-
79 241
-
accident
577
-
1 323
-
unemployment
846
-
1 942
-
pensions
5 616
-
10 994
-
total
7 039
-
14 259
-
Corporate
51 926
93 500
-
-
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.

46 733
84 150
-
-
total
46 733
84 150
-
-
Dividends
5 192
9 350
-
-
withholding
986
1 777
-
-
total
986
1 777
-
-
Income
93 500
93 500
93 500
93 500
Total tax
67 339
85 927
45 603
29 286
After tax
26 161
7 573
47 897
64 214
Living cost
21 955
21 955
21 955
21 955
Free-cash
4 206
-14 382
25 942
42 259

Estimated living cost  is ₽21955 per week

₽16091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79816
₽78127
₽83556
₽65791
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
93 500
microenterprise

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

-
-
-
935
total
-
-
-
935
Employee
11 261
-
93 500
-
income
2 252
-
18 700
-
total
2 252
-
18 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

82 239
93 500
-
-
total
-
-
-
-
Dividends
82 239
93 500
-
-
withholding
4 112
4 675
-
-
total
4 112
4 675
-
-
Income
93 500
93 500
93 500
93 500
Total tax
6 364
4 675
18 700
935
After tax
87 136
88 825
74 800
92 565
Living cost
9 009
9 009
9 009
9 009
Free-cash
78 127
79 816
65 791
83 556

Estimated living cost  is ₽9009 per week

₽5583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42006
₽35242
₽23941
₽28116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
11 875
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.

-
-
-
22 441
other
-
-
-
4 442
health
-
-
-
4 113
total
-
-
-
42 871
Employee
36 366
-
74 681
-
health
509
-
1 045
-
income
6 261
-
12 856
-
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.

2 545
-
5 229
-
unemployment
363
-
747
-
total
9 678
-
19 877
-
Employer
36 366
-
74 681
-
accident
291
-
597
-
other
1 819
-
3 733
-
unemployment
363
-
747
-
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.

6 183
-
12 697
-
health
509
-
1 045
-
total
9 165
-
18 819
-
Corporate
47 969
93 500
-
-
income
10 074
19 636
-
-
total
10 074
19 636
-
-
Dividends
37 895
73 864
-
-
withholding
2 653
5 170
-
-
total
2 653
5 170
-
-
Income
93 500
93 500
93 500
93 500
Total tax
31 570
24 806
38 696
42 871
After tax
61 930
68 694
54 804
50 629
Living cost
26 688
26 688
26 688
26 688
Free-cash
35 242
42 006
28 116
23 941

Estimated living cost  is ₽26688 per week

₽18857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1802
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2650
-₽14941
₽1303
-₽8608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
18 059
pensions
-
-
-
6 732
total
-
-
-
24 791
Employee
95 369
-
82 455
-
health
1 572
-
1 307
-
income
17 191
-
14 699
-
pensions
9 201
-
7 651
-
total
27 964
-
23 657
-
Employer
95 369
-
82 455
-
pensions
11 260
-
9 478
-
health
1 811
-
1 567
-
total
13 071
-
11 045
-
Corporate
-
93 500
-
-
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.

-
17 764
-
-
total
-
17 764
-
-
Dividends
-
75 736
-
-
withholding
-
5 680
-
-
total
-
5 680
-
-
Income
93 500
93 500
93 500
93 500
Total tax
41 035
23 444
34 702
24 791
After tax
52 465
70 056
58 798
68 709
Living cost
67 406
67 406
67 406
67 406
Free-cash
-14 941
2 650
-8 608
1 303

Estimated living cost  is ₽67406 per week

₽50509
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7920
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66798
₽62142
₽56980
₽59751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
23 375
Employee
17 405
-
86 629
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
income
1 740
-
8 663
-
pensions

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

1 528
-
3 075
-
total
4 261
-
13 734
-
Employer
17 405
-
86 629
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
health
1 201
-
2 416
-
total
3 415
-
6 870
-
Corporate
72 679
93 500
-
-
income
7 267
9 350
-
-
total
7 267
9 350
-
-
Dividends
65 412
84 150
-
-
withholding
3 270
4 207
-
-
total
3 270
4 207
-
-
Income
93 500
93 500
93 500
93 500
Total tax
18 213
13 557
20 604
23 375
After tax
75 287
79 943
72 896
70 125
Living cost
13 145
13 145
13 145
13 145
Free-cash
62 142
66 798
59 751
56 980

Estimated living cost  is ₽13145 per week

₽7674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13917
-₽15617
-₽2430
-₽19539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
17 035
pensions
-
-
-
11 735
health
-
-
-
11 621
total
-
-
-
40 391
Employee
92 859
85 530
85 530
-
health
11 585
11 166
13 128
-
income

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

14 000
14 000
14 000
-
pensions
11 735
11 735
15 395
-
total
37 320
36 901
42 523
-
Employer
92 859
85 530
85 530
-
unemployment
3 343
3 079
3 079
-
pensions
6 462
5 953
5 953
-
health
6 453
5 945
5 945
-
total
16 258
14 977
14 977
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
53 578
51 878
57 500
40 391
After tax
39 922
41 622
36 000
53 109
Living cost
55 539
55 539
55 539
55 539
Free-cash
-15 617
-13 917
-19 539
-2 430

Estimated living cost  is ₽55539 per week

₽40969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽637
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40304
₽31715
₽21468
₽23377
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
8 036
health
-
-
-
12 623
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 302
total
-
-
-
47 961
Employee
35 398
-
69 776
-
social contributions
2 301
-
4 535
-
health
4 779
-
9 420
-
solidarity contribution
-
-
-
-
income
4 248
-
8 373
-
total
11 328
-
22 328
-
Employer
35 398
-
69 776
-
social contributions
8 850
-
17 444
-
health
3 186
-
6 280
-
total
12 036
-
23 724
-
Corporate
46 067
93 500
-
-
income
8 753
17 765
-
-
total
8 753
17 765
-
-
Dividends
37 314
75 735
-
-
withholding
5 597
11 360
-
-
total
5 597
11 360
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 714
29 125
46 052
47 961
After tax
55 786
64 375
47 448
45 539
Living cost
24 071
24 071
24 071
24 071
Free-cash
31 715
40 304
23 377
21 468

Estimated living cost  is ₽24071 per week

₽16720
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5165
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7623
₽2394
₽6217
₽1767
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
555
regional
-
-
-
1 020
national
-
-
-
19 398
social contributions
-
-
-
24 047
total
-
-
-
45 020
Employee
89 014
-
93 500
-
social contributions
30 015
-
31 528
-
regional
840
-
891
-
municipal
471
-
496
-
national
15 424
-
16 555
-
total
46 750
-
49 470
-
Employer
89 014
-
93 500
-
total
-
-
-
-
Corporate
4 486
93 500
-
-
nationa
1 076
22 439
-
-
municipal
175
3 647
-
-
total
1 251
26 086
-
-
Dividends
3 236
67 413
-
-
withholding
842
17 528
-
-
total
842
17 528
-
-
Income
93 500
93 500
93 500
93 500
Total tax
48 843
43 614
49 470
45 020
After tax
44 657
49 886
44 030
48 480
Living cost
42 263
42 263
42 263
42 263
Free-cash
2 394
7 623
1 767
6 217

Estimated living cost  is ₽42263 per week

₽29460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽648
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36711
₽33593
₽26685
₽24884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
17 152
pensions
-
-
-
18 701
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 639
surtax
-
-
-
1 994
total
-
-
-
44 714
Employee
33 121
-
77 242
-
other
-
-
-
-
health
846
-
1 971
-
surtax
108
-
1 787
-
income
5 552
-
15 971
-
pensions
2 209
-
5 153
-
unemployment
2 306
-
5 375
-
total
11 021
-
30 257
-
Employer
33 121
-
77 242
-
other
-
-
-
-
unemployment
1 049
-
2 448
-
pensions
4 415
-
10 296
-
health
1 507
-
3 514
-
total
6 971
-
16 258
-
Corporate
53 407
93 500
-
-
income
13 886
24 310
-
-
total
13 886
24 310
-
-
Dividends
39 521
69 190
-
-
withholding
5 928
10 378
-
-
total
5 928
10 378
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 806
34 688
46 515
44 714
After tax
55 694
58 812
46 985
48 786
Living cost
22 101
22 101
22 101
22 101
Free-cash
33 593
36 711
24 884
26 685

Estimated living cost  is ₽22101 per week

₽13514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24006
₽16075
₽22659
₽12748
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
18 059
pensions
-
-
-
6 732
total
-
-
-
24 791
Employee
63 914
-
82 455
-
health
928
-
1 307
-
income
11 511
-
14 699
-
pensions
5 425
-
7 651
-
total
17 864
-
23 657
-
Employer
63 914
-
82 455
-
pensions
6 919
-
9 478
-
health
1 214
-
1 567
-
total
8 133
-
11 045
-
Corporate
21 453
93 500
-
-
income

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

4 075
17 764
-
-
total
4 075
17 764
-
-
Dividends
17 378
75 736
-
-
withholding
1 303
5 680
-
-
total
1 303
5 680
-
-
Income
93 500
93 500
93 500
93 500
Total tax
31 375
23 444
34 702
24 791
After tax
62 125
70 056
58 798
68 709
Living cost
46 050
46 050
46 050
46 050
Free-cash
16 075
24 006
12 748
22 659

Estimated living cost  is ₽46050 per week

₽34500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32905
-₽3476
₽2580
-₽2184
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
city
-
-
-
985
pensions
-
-
-
8 603
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.

-
-
-
1 869
regional
-
-
-
3 070
health
-
-
-
247
national
-
-
-
486
total
-
-
-
15 260
Employee
88 541
-
83 689
-
city
950
-
900
-
regional
2 899
-
2 637
-
health
200
-
188
-
pensions
7 439
-
7 029
-
unemployment
-
-
-
-
national
419
-
380
-
total
11 907
-
11 134
-
Employer
88 541
-
83 689
-
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.

1 770
-
1 673
-
unemployment
-
-
-
-
pensions
7 439
-
7 029
-
health
200
-
188
-
total
9 409
-
8 890
-
Corporate
-
93 500
-
-
regional
-
19 776
-
-
national
-
7 948
-
-
total
-
27 724
-
-
Dividends
-
65 776
-
-
withholding
-
23 021
-
-
total
-
23 021
-
-
Income
93 500
93 500
93 500
93 500
Total tax
21 316
50 745
20 024
15 260
After tax
72 184
42 755
73 476
78 240
Living cost
75 660
75 660
75 660
75 660
Free-cash
-3 476
-32 905
-2 184
2 580

Estimated living cost  is ₽75660 per week

₽49201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽929
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽450
₽16688
₽13406
₽21455
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
trade
-
-
-
8 049
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.

-
-
-
18 313
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.

-
-
-
6 842
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.

-
-
-
1 007
total
-
-
-
34 211
Employee

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

60 193
-
93 500
-
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.

6 842
-
6 842
-
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.

390
-
1 007
-
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.

7 078
-
18 313
-
total
14 310
-
26 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 307
93 500
-
-
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.

276
772
-
-
income
4 997
14 025
-
-
trade
5 712
16 036
-
-
chamber of commerce
200
283
-
-
total
11 185
31 116
-
-
Dividends
22 124
62 384
-
-
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.

283
836
-
-
withholding
5 151
15 215
-
-
total
5 434
16 051
-
-
Income
93 500
93 500
93 500
93 500
Total tax
30 929
47 167
26 162
34 211
After tax
62 571
46 333
67 338
59 289
Living cost
45 883
45 883
45 883
45 883
Free-cash
16 688
450
21 455
13 406

Estimated living cost  is ₽45883 per week

₽33511
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8106
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12856
₽18773
₽19764
₽19217
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
7 963
pensions
-
-
-
24 576
other
-
-
-
2 900
health
-
-
-
1 365
surtax
-
-
-
-
social contributions
-
-
-
2 665
total
-
-
-
39 469
Employee
42 866
-
71 253
-
social contributions
1 222
-
2 030
-
surtax
-
-
-
-
income
2 530
-
7 680
-
pensions
4 847
-
8 059
-
total
8 599
-
17 769
-
Employer
42 866
-
71 253
-
other
1 479
-
2 458
-
social contributions
129
-
213
-
unemployment
1 735
-
2 885
-
pensions
7 042
-
11 704
-
health
3 001
-
4 987
-
total
13 386
-
22 247
-
Corporate
37 248
93 500
-
-
surtax
-
-
-
-
income
10 429
26 180
-
-
total
10 429
26 180
-
-
Dividends
26 819
67 320
-
-
surtax
-
-
-
-
social contributions
4 613
11 579
-
-
withholding
3 433
8 618
-
-
total
8 046
20 197
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 460
46 377
40 016
39 469
After tax
53 040
47 123
53 484
54 031
Living cost
34 267
34 267
34 267
34 267
Free-cash
18 773
12 856
19 217
19 764

Estimated living cost  is ₽34267 per week

₽21607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16251
₽21814
₽23159
₽22612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
7 963
pensions
-
-
-
24 576
other
-
-
-
2 900
health
-
-
-
1 365
surtax
-
-
-
-
social contributions
-
-
-
2 665
total
-
-
-
39 469
Employee
38 264
-
71 253
-
social contributions
1 091
-
2 030
-
surtax
-
-
-
-
income
1 973
-
7 680
-
pensions
4 328
-
8 059
-
total
7 392
-
17 769
-
Employer
38 264
-
71 253
-
other
1 321
-
2 458
-
social contributions
114
-
213
-
unemployment
1 549
-
2 885
-
pensions
6 287
-
11 704
-
health
2 678
-
4 987
-
total
11 949
-
22 247
-
Corporate
43 287
93 500
-
-
surtax
-
-
-
-
income
12 121
26 180
-
-
total
12 121
26 180
-
-
Dividends
31 166
67 320
-
-
surtax
-
-
-
-
social contributions
5 362
11 579
-
-
withholding
3 990
8 618
-
-
total
9 352
20 197
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 814
46 377
40 016
39 469
After tax
52 686
47 123
53 484
54 031
Living cost
30 872
30 872
30 872
30 872
Free-cash
21 814
16 251
22 612
23 159

Estimated living cost  is ₽30872 per week

₽17904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3136
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.
₽9247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35805
₽36326
₽38806
₽39313
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
health
-
-
-
6 527
social contributions
-
-
-
12 904
total
-
-
-
33 456
Employee
33 959
-
93 500
-
social contributions
4 687
-
12 904
-
health
2 370
-
6 527
-
income
5 664
-
13 518
-
total
12 721
-
32 949
-
Employer
33 959
-
93 500
-
total
-
-
-
-
Corporate
59 541
93 500
-
-
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%.

2 976
4 676
-
-
total
2 976
4 676
-
-
Dividends
56 564
88 824
-
-
health
3 948
6 200
-
-
social contributions
7 806
12 257
-
-
withholding
8 485
13 324
-
-
total
20 239
31 781
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 936
36 457
32 949
33 456
After tax
57 564
57 043
60 551
60 044
Living cost
21 238
21 238
21 238
21 238
Free-cash
36 326
35 805
39 313
38 806

Estimated living cost  is ₽21238 per week

₽14213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1310
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.
₽5225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17235
₽15682
₽12596
-₽6068
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
chamber of commerce
-
-
-
374
income
-
-
-
14 447
pensions
-
-
-
17 298
unemployment
-
-
-
6 143
health
-
-
-
7 152
surtax
-
-
-
198
total
-
-
-
45 612
Employee
50 054
39 914
72 448
-
other
500
399
724
-
health
1 937
1 545
2 803
-
income
5 698
2 944
12 944
-
pensions
5 126
4 086
7 418
-
unemployment
1 502
1 197
2 174
-
total
14 763
10 171
26 063
-
Employer
50 054
39 914
72 448
-
accident
650
519
943
-
other
2 378
1 895
3 442
-
chamber of commerce
200
160
289
-
unemployment
1 502
1 197
2 174
-
surtax
198
198
198
-
pensions
6 282
5 010
9 093
-
payroll
1 502
1 197
2 174
-
health
1 891
1 509
2 739
-
total
14 603
11 685
21 052
-
Corporate
28 845
41 900
68 647
-
income

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

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

7 211
10 475
17 161
-
total
7 211
10 475
17 161
-
Dividends
21 634
31 426
-
-
withholding
5 949
8 642
-
-
total
5 949
8 642
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 526
40 973
64 276
45 612
After tax
50 974
52 527
29 224
47 888
Living cost
35 292
35 292
35 292
35 292
Free-cash
15 682
17 235
-6 068
12 596

Estimated living cost  is ₽35292 per week

₽23538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3011
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8163
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15944
₽799
₽8210
₽330
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
national
-
-
-
29 789
communal

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

-
-
-
4 755
social contributions
-
-
-
14 227
total
-
-
-
48 771
Employee

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

71 643
-
72 422
-
communal

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

3 737
-
3 777
-
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.

3 366
-
3 404
-
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.

5 373
-
5 432
-
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.

623
-
629
-
national
22 026
-
22 330
-
total
35 125
-
35 572
-
Employer

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

71 643
-
72 422
-
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.

931
-
941
-
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.

1 045
-
1 057
-
surtax
8 123
-
8 211
-
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.

6 348
-
6 417
-
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.

4 406
-
4 453
-
total
20 853
-
21 079
-
Corporate
1 003
93 500
-
-
surtax
4
374
-
-
income
200
18 701
-
-
total
204
19 075
-
-
Dividends
799
74 425
-
-
withholding

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

-
21 962
-
-
total
-
21 962
-
-
Income
93 500
93 500
93 500
93 500
Total tax
56 182
41 037
56 651
48 771
After tax
37 318
52 463
36 849
44 729
Living cost
36 519
36 519
36 519
36 519
Free-cash
799
15 944
330
8 210

Estimated living cost  is ₽36519 per week

₽23523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3193
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.
₽9232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26842
₽18865
₽13271
₽13791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
836
income
-
-
-
16 208
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
44 058
Employee
49 856
-
70 895
-
other
49
-
70
-
income
10 519
-
16 432
-
pensions
2 344
-
3 332
-
unemployment
774
-
1 099
-
total
13 686
-
20 933
-
Employer
49 856
-
70 895
-
accident
986
-
1 405
-
other
397
-
568
-
unemployment
2 743
-
3 900
-
pensions
11 765
-
16 732
-
total
15 891
-
22 605
-
Corporate
27 753
93 500
-
-
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.

4 162
14 025
-
-
total
4 162
14 025
-
-
Dividends
23 590
79 475
-
-
withholding
4 725
16 462
-
-
total
4 725
16 462
-
-
Income
93 500
93 500
93 500
93 500
Total tax
38 464
30 487
43 538
44 058
After tax
55 036
63 013
49 962
49 442
Living cost
36 171
36 171
36 171
36 171
Free-cash
18 865
26 842
13 791
13 271

Estimated living cost  is ₽36171 per week

₽26636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2993
-₽3505
-₽122
₽4265
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
789
income
-
-
-
7 275
pensions
-
-
-
14 014
health
-
-
-
6 569
surtax
-
-
-
4 636
communal
-
-
-
5 909
total
-
-
-
39 192
Employee
75 848
-
83 521
-
health
3 376
-
3 716
-
surtax
4 649
-
5 119
-
income
7 326
-
9 310
-
pensions
6 067
-
6 681
-
total
21 418
-
24 826
-
Employer
75 848
-
83 521
-
accident
682
-
751
-
pensions
6 067
-
6 681
-
health
2 313
-
2 547
-
total
9 062
-
9 979
-
Corporate
8 589
93 500
-
-
surtax
89
983
-
-
communal
-
6 312
-
-
income
1 289
14 025
-
-
total
1 378
21 320
-
-
Dividends
7 211
72 180
-
-
income
9 636
3 931
-
-
withholding
1 081
10 826
-
-
total
10 717
14 757
-
-
Income
93 500
93 500
93 500
93 500
Total tax
42 575
36 077
34 805
39 192
After tax
50 925
57 423
58 695
54 308
Living cost
54 430
54 430
54 430
54 430
Free-cash
-3 505
2 993
4 265
-122

Estimated living cost  is ₽54430 per week

₽40830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3298
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36316
₽33130
₽26290
₽24489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
17 152
pensions
-
-
-
18 701
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 639
surtax
-
-
-
1 994
total
-
-
-
44 714
Employee
33 729
-
77 242
-
other
-
-
-
-
health
861
-
1 971
-
surtax
120
-
1 787
-
income
5 655
-
15 971
-
pensions
2 250
-
5 153
-
unemployment
2 347
-
5 375
-
total
11 233
-
30 257
-
Employer
33 729
-
77 242
-
other
-
-
-
-
unemployment
1 070
-
2 448
-
pensions
4 497
-
10 296
-
health
1 534
-
3 514
-
total
7 101
-
16 258
-
Corporate
52 670
93 500
-
-
income
13 694
24 310
-
-
total
13 694
24 310
-
-
Dividends
38 975
69 190
-
-
withholding
5 846
10 378
-
-
total
5 846
10 378
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 874
34 688
46 515
44 714
After tax
55 626
58 812
46 985
48 786
Living cost
22 496
22 496
22 496
22 496
Free-cash
33 130
36 316
24 489
26 290

Estimated living cost  is ₽22496 per week

₽13582
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1956
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6438
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22166
₽19941
₽21111
₽16684
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
555
regional
-
-
-
1 409
national
-
-
-
19 398
social contributions
-
-
-
24 047
total
-
-
-
45 409
Employee
55 559
-
93 500
-
social contributions
18 735
-
31 528
-
regional
748
-
1 257
-
municipal
295
-
496
-
national
8 802
-
16 555
-
total
28 580
-
49 836
-
Employer
55 559
-
93 500
-
total
-
-
-
-
Corporate
37 941
93 500
-
-
nationa
9 106
22 439
-
-
municipal
1 885
4 647
-
-
total
10 991
27 086
-
-
Dividends
26 950
66 413
-
-
withholding
7 008
17 268
-
-
total
7 008
17 268
-
-
Income
93 500
93 500
93 500
93 500
Total tax
46 579
44 354
49 836
45 409
After tax
46 921
49 146
43 664
48 091
Living cost
26 980
26 980
26 980
26 980
Free-cash
19 941
22 166
16 684
21 111

Estimated living cost  is ₽26980 per week

₽16779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2733
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34714
₽24132
₽15878
₽17787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
8 036
health
-
-
-
12 623
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 302
total
-
-
-
47 961
Employee
43 620
-
69 776
-
social contributions
2 835
-
4 535
-
health
5 889
-
9 420
-
solidarity contribution
-
-
-
-
income
5 234
-
8 373
-
total
13 958
-
22 328
-
Employer
43 620
-
69 776
-
social contributions
10 905
-
17 444
-
health
3 926
-
6 280
-
total
14 831
-
23 724
-
Corporate
35 050
93 500
-
-
income
6 659
17 765
-
-
total
6 659
17 765
-
-
Dividends
28 390
75 735
-
-
withholding
4 259
11 360
-
-
total
4 259
11 360
-
-
Income
93 500
93 500
93 500
93 500
Total tax
39 707
29 125
46 052
47 961
After tax
53 793
64 375
47 448
45 539
Living cost
29 661
29 661
29 661
29 661
Free-cash
24 132
34 714
17 787
15 878

Estimated living cost  is ₽29661 per week

₽22058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5447
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20682
₽20185
₽16132
-₽2698
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
chamber of commerce
-
-
-
374
income
-
-
-
14 447
pensions
-
-
-
17 298
unemployment
-
-
-
6 143
health
-
-
-
7 152
surtax
-
-
-
-
total
-
-
-
45 414
Employee
43 782
39 914
72 602
-
other
437
399
726
-
health
1 694
1 545
2 809
-
income
3 900
2 944
12 997
-
pensions
4 484
4 086
7 434
-
unemployment
1 313
1 197
2 178
-
total
11 828
10 171
26 144
-
Employer
43 782
39 914
72 602
-
accident
568
519
945
-
other
2 079
1 895
3 450
-
chamber of commerce
175
160
291
-
unemployment
1 313
1 197
2 178
-
surtax
-
-
-
-
pensions
5 495
5 010
9 112
-
payroll
1 313
1 197
2 178
-
health
1 655
1 509
2 745
-
total
12 598
11 487
20 899
-
Corporate
37 119
42 098
68 801
-
income

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

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

9 279
10 524
17 201
-
total
9 279
10 524
17 201
-
Dividends
27 840
31 574
-
-
withholding
7 656
8 682
-
-
total
7 656
8 682
-
-
Income
93 500
93 500
93 500
93 500
Total tax
41 361
40 864
64 244
45 414
After tax
52 139
52 636
29 256
48 086
Living cost
31 954
31 954
31 954
31 954
Free-cash
20 185
20 682
-2 698
16 132

Estimated living cost  is ₽31954 per week

₽19168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8952
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽74786
₽72154
₽78526
₽60761
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
93 500
microenterprise

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

-
-
-
935
total
-
-
-
935
Employee
17 549
-
93 500
-
income
3 510
-
18 700
-
total
3 510
-
18 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

75 951
93 500
-
-
total
-
-
-
-
Dividends
75 951
93 500
-
-
withholding
3 797
4 675
-
-
total
3 797
4 675
-
-
Income
93 500
93 500
93 500
93 500
Total tax
7 307
4 675
18 700
935
After tax
86 193
88 825
74 800
92 565
Living cost
14 039
14 039
14 039
14 039
Free-cash
72 154
74 786
60 761
78 526

Estimated living cost  is ₽14039 per week

₽9500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37510
₽29132
₽21801
₽19122
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
18 417
pensions
-
-
-
17 076
unemployment
-
-
-
141
health
-
-
-
9 201
total
-
-
-
44 835
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.

44 290
-
80 902
-
health
2 861
-
5 227
-
income
7 638
-
17 035
-
pensions
6 865
-
12 541
-
unemployment
63
-
114
-
total
17 427
-
34 917
-
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.

44 290
-
80 902
-
unemployment
27
-
49
-
pensions
3 919
-
7 160
-
health
2 950
-
5 388
-
total
6 896
-
12 597
-
Corporate
42 314
93 500
-
-
income
8 040
17 766
-
-
total
8 040
17 766
-
-
Dividends
34 275
75 734
-
-
withholding
5 141
11 360
-
-
total
5 141
11 360
-
-
Income
93 500
93 500
93 500
93 500
Total tax
37 504
29 126
47 514
44 835
After tax
55 996
64 374
45 986
48 665
Living cost
26 864
26 864
26 864
26 864
Free-cash
29 132
37 510
19 122
21 801

Estimated living cost  is ₽26864 per week

₽18437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13785
-₽55436
₽21516
₽37260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
18 225
social contributions
-
-
-
10 659
total
-
-
-
28 884
Employee
61 799
-
-
-
social contributions
5 068
-
722
-
income
13 632
-
-
-
total
18 700
-
722
-
Employer
61 799
-
-
-
social contributions
87 136
-
12 418
-
total
87 136
-
12 418
-
Corporate
-
93 500
-
-
income
-
20 570
-
-
total
-
20 570
-
-
Dividends
-
72 930
-
-
income
-
16 045
-
-
total
-
16 045
-
-
Income
93 500
93 500
93 500
93 500
Total tax
105 836
36 615
13 140
28 884
After tax
-12 336
56 885
80 360
64 616
Living cost
43 100
43 100
43 100
43 100
Free-cash
-55 436
13 785
37 260
21 516

Estimated living cost  is ₽43100 per week

₽27965
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4053
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21767
₽20759
₽21132
₽16666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
8 460
surtax
-
-
-
-
social contributions

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

-
-
-
32 492
total
-
-
-
40 952
Employee
46 065
-
75 556
-
social contributions
5 067
-
8 312
-
surtax
-
-
-
-
income
9 582
-
19 162
-
total
14 649
-
27 474
-
Employer
46 065
-
75 556
-
social contributions
10 940
-
17 944
-
total
10 940
-
17 944
-
Corporate
36 495
93 500
-
-
surtax
-
-
-
-
income
7 664
19 636
-
-
total
7 664
19 636
-
-
Dividends
28 832
73 864
-
-
withholding
8 072
20 681
-
-
total
8 072
20 681
-
-
Income
93 500
93 500
93 500
93 500
Total tax
41 325
40 317
45 418
40 952
After tax
52 175
53 183
48 082
52 548
Living cost
31 416
31 416
31 416
31 416
Free-cash
20 759
21 767
16 666
21 132

Estimated living cost  is ₽31416 per week

₽23506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1853
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1252
₽5632
₽5656
₽5109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
7 963
pensions
-
-
-
24 576
other
-
-
-
2 900
health
-
-
-
1 365
surtax
-
-
-
-
social contributions
-
-
-
2 665
total
-
-
-
39 469
Employee
62 730
-
71 253
-
social contributions
1 787
-
2 030
-
surtax
-
-
-
-
income
5 473
-
7 680
-
pensions
7 095
-
8 059
-
total
14 355
-
17 769
-
Employer
62 730
-
71 253
-
other
2 165
-
2 458
-
social contributions
188
-
213
-
unemployment
2 541
-
2 885
-
pensions
10 307
-
11 704
-
health
4 391
-
4 987
-
total
19 592
-
22 247
-
Corporate
11 177
93 500
-
-
surtax
-
-
-
-
income
3 130
26 180
-
-
total
3 130
26 180
-
-
Dividends
8 047
67 320
-
-
surtax
-
-
-
-
social contributions
1 386
11 579
-
-
withholding
1 030
8 618
-
-
total
2 416
20 197
-
-
Income
93 500
93 500
93 500
93 500
Total tax
39 493
46 377
40 016
39 469
After tax
54 007
47 123
53 484
54 031
Living cost
48 375
48 375
48 375
48 375
Free-cash
5 632
-1 252
5 109
5 656

Estimated living cost  is ₽48375 per week

₽32739
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11014
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54044
₽50677
₽41457
₽44081
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
1 367
social contributions
-
-
-
20 569
total
-
-
-
21 936
Employee
32 200
-
80 954
-
income
-
-
1 503
-
social contributions
2 093
-
5 263
-
total
2 093
-
6 766
-
Employer
32 200
-
80 954
-
social contributions
4 991
-
12 546
-
total
4 991
-
12 546
-
Corporate
56 309
93 500
-
-
income
5 632
9 349
-
-
total
5 632
9 349
-
-
Dividends
50 678
84 151
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
12 716
9 349
19 312
21 936
After tax
80 784
84 151
74 188
71 564
Living cost
30 107
30 107
30 107
30 107
Free-cash
50 677
54 044
44 081
41 457

Estimated living cost  is ₽30107 per week

₽19467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7804
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽124840
-₽124840
₽10115
-₽124840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
17 029
pensions
-
-
-
869
national
-
-
-
9 814
labour market
-
-
-
7 411
total
-
-
-
35 123
Employee
203 704
203 704
203 704
-
labour market
16 273
16 273
16 273
-
national
24 886
24 886
24 886
-
municipal
43 378
43 378
43 378
-
pensions
290
290
290
-
total
84 827
84 827
84 827
-
Employer
203 704
203 704
203 704
-
labour market
16 296
16 296
16 296
-
municipal
43 447
43 447
43 447
-
pensions
579
579
579
-
national
24 929
24 929
24 929
-
total
85 251
85 251
85 251
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
93 500
93 500
93 500
93 500
Total tax
170 078
170 078
170 078
35 123
After tax
-76 578
-76 578
-76 578
58 377
Living cost
48 262
48 262
48 262
48 262
Free-cash
-124 840
-124 840
-124 840
10 115

Estimated living cost  is ₽48262 per week

₽33031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4269
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14058
₽4255
₽42583
₽26266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
252
income
-
-
-
22 336
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
29 286
Employee
34 027
-
79 241
-
health
3 896
-
9 073
-
income
4 668
-
14 657
-
pensions
3 832
-
7 614
-
total
12 396
-
31 344
-
Employer
34 027
-
79 241
-
accident
568
-
1 323
-
unemployment
834
-
1 942
-
pensions
5 533
-
10 994
-
total
6 935
-
14 259
-
Corporate
52 539
93 500
-
-
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.

47 285
84 150
-
-
total
47 285
84 150
-
-
Dividends
5 254
9 350
-
-
withholding
998
1 777
-
-
total
998
1 777
-
-
Income
93 500
93 500
93 500
93 500
Total tax
67 614
85 927
45 603
29 286
After tax
25 886
7 573
47 897
64 214
Living cost
21 631
21 631
21 631
21 631
Free-cash
4 255
-14 058
26 266
42 583

Estimated living cost  is ₽21631 per week

₽15745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1233
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24224
₽21356
₽28687
₽15414
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
93 500
municipal
-
-
-
16 646
health
-
-
-
1 023
national
-
-
-
8 691
total
-
-
-
26 360
Employee
52 695
-
78 658
-
health
393
-
793
-
municipal
8 631
-
12 849
-
pensions
3 556
-
5 309
-
unemployment
791
-
1 180
-
national
871
-
4 660
-
total
14 242
-
24 791
-
Employer
52 695
-
78 658
-
accident
53
-
78
-
unemployment
342
-
511
-
pensions
9 142
-
13 647
-
health
405
-
606
-
total
9 942
-
14 842
-
Corporate
30 863
93 500
-
-
income
6 173
18 701
-
-
total
6 173
18 701
-
-
Dividends

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

18 517
56 099
-
-
national
-
2 024
-
-
municipal
3 334
10 098
-
-
total
3 334
12 122
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 691
30 823
39 633
26 360
After tax
59 809
62 677
53 867
67 140
Living cost
38 453
38 453
38 453
38 453
Free-cash
21 356
24 224
15 414
28 687

Estimated living cost  is ₽38453 per week

₽25117
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3699
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45290
₽39838
₽44048
₽43954
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
9 294
health
-
-
-
2 383
social contributions
-
-
-
14 586
total
-
-
-
26 263
Employee
77 016
77 016
84 884
-
social contributions
2 912
6 392
7 046
-
health
597
1 310
1 443
-
income
8 386
7 129
9 252
-
total
11 895
14 831
17 741
-
Employer
77 016
77 016
84 884
-
social contributions
2 912
6 392
7 046
-
health
648
1 426
1 570
-
total
3 560
7 818
8 616
-
Corporate
54 856
8 666
-
-
income
6 858
1 083
-
-
total
6 858
1 083
-
-
Dividends
47 999
7 583
-
-
withholding
8 160
1 289
-
-
total
8 160
1 289
-
-
Income
93 500
93 500
93 500
93 500
Total tax
30 473
25 021
26 357
26 263
After tax
63 027
68 479
67 143
67 237
Living cost
23 189
23 189
23 189
23 189
Free-cash
39 838
45 290
43 954
44 048

Estimated living cost  is ₽23189 per week

₽13898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61526
₽56431
₽58744
₽41790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
93 500
income
-
-
-
8 829
pensions
-
-
-
6 371
unemployment
-
-
-
29
health
-
-
-
3 625
total
-
-
-
18 854
Employee

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

22 990
-
84 768
-
health
1 954
-
7 205
-
income
1 572
-
6 732
-
pensions
3 448
-
12 716
-
unemployment
114
-
424
-
total
7 088
-
27 077
-
Employer

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

22 990
-
84 768
-
unemployment
114
-
424
-
pensions
1 264
-
4 662
-
health
988
-
3 645
-
total
2 366
-
8 731
-
Corporate
68 144
93 500
-
-
income
6 133
8 414
-
-
total
6 133
8 414
-
-
Dividends
62 011
85 086
-
-
withholding
5 580
7 658
-
-
total
5 580
7 658
-
-
Income
93 500
93 500
93 500
93 500
Total tax
21 167
16 072
35 808
18 854
After tax
72 333
77 428
57 692
74 646
Living cost
15 902
15 902
15 902
15 902
Free-cash
56 431
61 526
41 790
58 744

Estimated living cost  is ₽15902 per week

₽10146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35471
₽30218
₽21900
₽22420
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
836
income
-
-
-
16 208
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
44 058
Employee
37 034
-
70 895
-
other
36
-
70
-
income
7 140
-
16 432
-
pensions
1 741
-
3 332
-
unemployment
574
-
1 099
-
total
9 491
-
20 933
-
Employer
37 034
-
70 895
-
accident
734
-
1 405
-
other
297
-
568
-
unemployment
2 038
-
3 900
-
pensions
8 739
-
16 732
-
total
11 808
-
22 605
-
Corporate
44 659
93 500
-
-
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.

6 698
14 025
-
-
total
6 698
14 025
-
-
Dividends
37 961
79 475
-
-
withholding
7 743
16 462
-
-
total
7 743
16 462
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 740
30 487
43 538
44 058
After tax
57 760
63 013
49 962
49 442
Living cost
27 542
27 542
27 542
27 542
Free-cash
30 218
35 471
22 420
21 900

Estimated living cost  is ₽27542 per week

₽18591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5822
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55605
₽55155
₽56427
₽56232
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
30 887
pensions
-
-
-
1 998
health
-
-
-
1 449
total
-
-
-
34 334
Employee
4 172
-
91 252
-
health
209
-
500
-
income
807
-
30 782
-
pensions
375
-
899
-
unemployment
42
-
100
-
total
1 433
-
32 281
-
Employer
4 172
-
91 252
-
unemployment
83
-
200
-
pensions
459
-
1 099
-
health
396
-
949
-
total
938
-
2 248
-
Corporate
88 389
93 500
-
-
income
19 446
20 570
-
-
total
19 446
20 570
-
-
Dividends
68 944
72 930
-
-
withholding
13 789
14 586
-
-
total
13 789
14 586
-
-
Income
93 500
93 500
93 500
93 500
Total tax
35 606
35 156
34 529
34 334
After tax
57 894
58 344
58 971
59 166
Living cost
2 739
2 739
2 739
2 739
Free-cash
55 155
55 605
56 232
56 427

Estimated living cost  is ₽2739 per week

₽1628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50231
₽45303
₽31335
₽31335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
16 859
pensions
-
-
-
19 248
unemployment
-
-
-
1 110
health
-
-
-
7 625
total
-
-
-
44 842
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.

26 122
-
80 249
-
health
1 345
-
3 813
-
income
3 601
-
16 859
-
pensions
3 657
-
10 364
-
unemployment
196
-
555
-
total
8 799
-
31 591
-
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.

26 122
-
80 249
-
unemployment
196
-
555
-
pensions
3 135
-
8 883
-
health
1 345
-
3 813
-
total
4 676
-
13 251
-
Corporate
62 702
93 500
-
-
income
9 405
14 025
-
-
total
9 405
14 025
-
-
Dividends
53 296
79 475
-
-
withholding
7 994
11 921
-
-
total
7 994
11 921
-
-
Income
93 500
93 500
93 500
93 500
Total tax
30 874
25 946
44 842
44 842
After tax
62 626
67 554
48 658
48 658
Living cost
17 323
17 323
17 323
17 323
Free-cash
45 303
50 231
31 335
31 335

Estimated living cost  is ₽17323 per week

₽11664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3818
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26181
₽25818
₽25546
₽21080
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
8 460
surtax
-
-
-
-
social contributions

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

-
-
-
32 492
total
-
-
-
40 952
Employee
38 873
-
75 556
-
social contributions
4 277
-
8 312
-
surtax
-
-
-
-
income
7 596
-
19 162
-
total
11 873
-
27 474
-
Employer
38 873
-
75 556
-
social contributions
9 232
-
17 944
-
total
9 232
-
17 944
-
Corporate
45 395
93 500
-
-
surtax
-
-
-
-
income
9 534
19 636
-
-
total
9 534
19 636
-
-
Dividends
35 861
73 864
-
-
withholding
10 041
20 681
-
-
total
10 041
20 681
-
-
Income
93 500
93 500
93 500
93 500
Total tax
40 680
40 317
45 418
40 952
After tax
52 820
53 183
48 082
52 548
Living cost
27 002
27 002
27 002
27 002
Free-cash
25 818
26 181
21 080
25 546

Estimated living cost  is ₽27002 per week

₽19125
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27813
₽20175
₽14242
₽14762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
836
income
-
-
-
16 208
pensions
-
-
-
26 271
other
-
-
-
93
unemployment
-
-
-
650
total
-
-
-
44 058
Employee
48 371
-
70 895
-
other
48
-
70
-
income
10 103
-
16 432
-
pensions
2 273
-
3 332
-
unemployment
749
-
1 099
-
total
13 173
-
20 933
-
Employer
48 371
-
70 895
-
accident
958
-
1 405
-
other
388
-
568
-
unemployment
2 661
-
3 900
-
pensions
11 415
-
16 732
-
total
15 422
-
22 605
-
Corporate
29 706
93 500
-
-
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.

4 455
14 025
-
-
total
4 455
14 025
-
-
Dividends
25 251
79 475
-
-
withholding
5 075
16 462
-
-
total
5 075
16 462
-
-
Income
93 500
93 500
93 500
93 500
Total tax
38 125
30 487
43 538
44 058
After tax
55 375
63 013
49 962
49 442
Living cost
35 200
35 200
35 200
35 200
Free-cash
20 175
27 813
14 762
14 242

Estimated living cost  is ₽35200 per week

₽25279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62697
₽56584
₽52879
₽55650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
14 025
pensions

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

-
-
-
5 183
unemployment
-
-
-
140
health
-
-
-
4 027
total
-
-
-
23 375
Employee
22 837
-
86 629
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
income
2 284
-
8 663
-
pensions

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

2 005
-
3 075
-
total
5 591
-
13 734
-
Employer
22 837
-
86 629
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
health
1 576
-
2 416
-
total
4 481
-
6 870
-
Corporate
66 183
93 500
-
-
income
6 619
9 350
-
-
total
6 619
9 350
-
-
Dividends
59 564
84 150
-
-
withholding
2 979
4 207
-
-
total
2 979
4 207
-
-
Income
93 500
93 500
93 500
93 500
Total tax
19 670
13 557
20 604
23 375
After tax
73 830
79 943
72 896
70 125
Living cost
17 246
17 246
17 246
17 246
Free-cash
56 584
62 697
55 650
52 879

Estimated living cost  is ₽17246 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽411
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9588
₽22690
₽21936
₽28670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
trade
-
-
-
6 734
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.

-
-
-
18 313
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.

-
-
-
6 842
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.

-
-
-
1 007
total
-
-
-
32 896
Employee

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

49 835
-
93 500
-
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.

6 842
-
6 842
-
surtax

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

226
-
1 007
-
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.

4 098
-
18 313
-
total
11 166
-
26 162
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 665
93 500
-
-
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.

361
772
-
-
income
6 550
14 025
-
-
trade
6 267
13 417
-
-
chamber of commerce
217
289
-
-
total
13 395
28 503
-
-
Dividends
30 271
64 997
-
-
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.

395
872
-
-
withholding
7 186
15 869
-
-
total
7 581
16 741
-
-
Income
93 500
93 500
93 500
93 500
Total tax
32 142
45 244
26 162
32 896
After tax
61 358
48 256
67 338
60 604
Living cost
38 668
38 668
38 668
38 668
Free-cash
22 690
9 588
28 670
21 936

Estimated living cost  is ₽38668 per week

₽26674
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.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7272
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8396
₽10608
₽7425
₽7425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
20 845
social contributions
-
-
-
8 176
total
-
-
-
29 021
Employee
78 345
-
93 500
-
income
14 783
-
20 845
-
social contributions
6 509
-
8 176
-
total
21 292
-
29 021
-
Employer
78 345
-
93 500
-
total
-
-
-
-
Corporate
15 155
93 500
-
-
income
1 895
11 687
-
-
total
1 895
11 687
-
-
Dividends
13 260
81 813
-
-
withholding
2 651
16 363
-
-
total
2 651
16 363
-
-
Income
93 500
93 500
93 500
93 500
Total tax
25 838
28 050
29 021
29 021
After tax
67 662
65 450
64 479
64 479
Living cost
57 054
57 054
57 054
57 054
Free-cash
10 608
8 396
7 425
7 425

Estimated living cost  is ₽57054 per week

₽43406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽19126
₽23733
₽21958
₽32209
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
income
-
-
-
28 510
health

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

-
-
-
6 675
total
-
-
-
35 185
Employee
45 946
-
88 893
-
income
4 985
-
15 720
-
social contributions
4 603
-
4 607
-
total
9 588
-
20 327
-
Employer
45 946
-
88 893
-
social contributions
4 603
-
4 607
-
total
4 603
-
4 607
-
Corporate
42 950
93 500
-
-
income
15 032
32 726
-
-
total
15 032
32 726
-
-
Dividends
27 918
60 774
-
-
social contributions
4 187
5 291
-
-
total
4 187
5 291
-
-
Income
93 500
93 500
93 500
93 500
Total tax
33 410
38 017
24 934
35 185
After tax
60 090
55 483
68 566
58 315
Living cost
36 357
36 357
36 357
36 357
Free-cash
23 733
19 126
32 209
21 958

Estimated living cost  is ₽36357 per week

₽23949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32619
₽26930
₽31272
₽21361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
income
-
-
-
18 059
pensions
-
-
-
6 732
total
-
-
-
24 791
Employee
51 388
-
82 455
-
health
670
-
1 307
-
income
9 358
-
14 699
-
pensions
3 922
-
7 651
-
total
13 950
-
23 657
-
Employer
51 388
-
82 455
-
pensions
5 192
-
9 478
-
health
977
-
1 567
-
total
6 169
-
11 045
-
Corporate
35 944
93 500
-
-
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.

6 830
17 764
-
-
total
6 830
17 764
-
-
Dividends
29 114
75 736
-
-
withholding
2 184
5 680
-
-
total
2 184
5 680
-
-
Income
93 500
93 500
93 500
93 500
Total tax
29 133
23 444
34 702
24 791
After tax
64 367
70 056
58 798
68 709
Living cost
37 437
37 437
37 437
37 437
Free-cash
26 930
32 619
21 361
31 272

Estimated living cost  is ₽37437 per week

₽25682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3443
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16199
₽3928
₽40442
₽24125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
accident
-
-
-
252
income
-
-
-
22 336
pensions
-
-
-
4 152
other
-
-
-
370
health
-
-
-
2 176
total
-
-
-
29 286
Employee
37 395
-
79 241
-
health
4 282
-
9 073
-
income
5 130
-
14 657
-
pensions
4 211
-
7 614
-
total
13 623
-
31 344
-
Employer
37 395
-
79 241
-
accident
624
-
1 323
-
unemployment
916
-
1 942
-
pensions
6 080
-
10 994
-
total
7 620
-
14 259
-
Corporate
48 484
93 500
-
-
income

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

43 636
84 150
-
-
total
43 636
84 150
-
-
Dividends
4 848
9 350
-
-
withholding
921
1 777
-
-
total
921
1 777
-
-
Income
93 500
93 500
93 500
93 500
Total tax
65 800
85 927
45 603
29 286
After tax
27 700
7 573
47 897
64 214
Living cost
23 772
23 772
23 772
23 772
Free-cash
3 928
-16 199
24 125
40 442

Estimated living cost  is ₽23772 per week

₽17446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1385
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.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽65152
₽61079
₽40099
₽43788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
93 500
work injury
-
-
-
467
health insurance
-
-
-
6 919
income
-
-
-
14 162
pensions
-
-
-
17 204
unemployment
-
-
-
1 122
total
-
-
-
39 874
Employee

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

21 644
-
93 500
-
work injury
108
-
400
-
income
2 164
-
14 162
-
pensions
3 982
-
14 735
-
health insurance
1 602
-
5 926
-
unemployment
260
-
961
-
total
8 116
-
36 184
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
71 856
93 500
-
-
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%.

-
935
-
-
total
-
935
-
-
Dividends
71 856
92 565
-
-
withholding
10 778
13 885
-
-
total
10 778
13 885
-
-
Income
93 500
93 500
93 500
93 500
Total tax
18 894
14 820
36 184
39 874
After tax
74 606
78 680
57 316
53 626
Living cost
13 528
13 528
13 528
13 528
Free-cash
61 079
65 152
43 788
40 099

Estimated living cost  is ₽13528 per week

₽8380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽983
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽422
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9350
₽4793
₽7724
₽3448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
93 500
municipal
-
-
-
625
regional
-
-
-
1 806
national
-
-
-
19 398
social contributions
-
-
-
24 047
total
-
-
-
45 876
Employee
84 399
-
93 500
-
social contributions
28 459
-
31 528
-
regional
1 274
-
1 512
-
municipal
504
-
557
-
national
14 263
-
16 555
-
total
44 500
-
50 152
-
Employer
84 399
-
93 500
-
total
-
-
-
-
Corporate
9 101
93 500
-
-
nationa
2 184
22 439
-
-
municipal
439
4 507
-
-
total
2 623
26 946
-
-
Dividends
6 478
66 554
-
-
withholding
1 684
17 304
-
-
total
1 684
17 304
-
-
Income
93 500
93 500
93 500
93 500
Total tax
48 807
44 250
50 152
45 876
After tax
44 693
49 250
43 348
47 624
Living cost
39 900
39 900
39 900
39 900
Free-cash
4 793
9 350
3 448
7 724

Estimated living cost  is ₽39900 per week

₽28027
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.
₽603
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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