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
₽ 94500
per

Your estimated
City
free-cash

Dresden , Germany
₽17062
₽28289
₽29895
₽37349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
trade
-
-
-
7 454
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.

-
-
-
18 468
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.

-
-
-
6 932
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.

-
-
-
1 017
total
-
-
-
33 871
Employee

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

38 810
-
94 500
-
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.

6 932
-
6 932
-
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.

60
-
1 017
-
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.

1 084
-
18 468
-
total
8 076
-
26 417
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
55 690
94 500
-
-
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.

460
780
-
-
income
8 353
14 176
-
-
trade
8 771
14 885
-
-
chamber of commerce
235
291
-
-
total
17 819
30 132
-
-
Dividends
37 871
64 369
-
-
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.

499
865
-
-
withholding
9 083
15 707
-
-
total
9 582
16 572
-
-
Income
94 500
94 500
94 500
94 500
Total tax
35 477
46 704
26 417
33 871
After tax
59 023
47 796
68 083
60 629
Living cost
30 734
30 734
30 734
30 734
Free-cash
28 289
17 062
37 349
29 895

Estimated living cost  is ₽30734 per week

₽19333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3583
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7244
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7842
₽6993
₽6125
₽6867
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
9 764
pensions
-
-
-
11 340
national
-
-
-
15 129
social contributions
-
-
-
1 016
total
-
-
-
37 249
Employee
79 255
-
81 694
-
municipal
9 789
-
10 129
-
pensions
3 170
-
3 268
-
national
15 169
-
15 696
-
total
28 128
-
29 093
-
Employer
79 255
-
81 694
-
social contributions
852
-
878
-
pensions
6 340
-
6 536
-
total
7 192
-
7 414
-
Corporate
2 822
94 500
-
-
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%.

564
18 900
-
-
total
564
18 900
-
-
Dividends
2 258
75 600
-
-
withholding
497
16 632
-
-
total
497
16 632
-
-
Income
94 500
94 500
94 500
94 500
Total tax
36 381
35 532
36 507
37 249
After tax
58 119
58 968
57 993
57 251
Living cost
51 126
51 126
51 126
51 126
Free-cash
6 993
7 842
6 867
6 125

Estimated living cost  is ₽51126 per week

₽34750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽765
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54491
₽46166
₽29417
₽32235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
microenterprise
-
-
-
-
income
-
-
-
13 592
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.

-
-
-
30 381
total
-
-
-
43 973
Employee
29 650
-
76 153
-
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.

3 262
-
8 376
-
surtax
-
-
-
-
income
5 278
-
14 434
-
total
8 540
-
22 810
-
Employer
29 650
-
76 153
-
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.

7 142
-
18 345
-
surtax
-
-
-
-
total
7 142
-
18 345
-
Corporate
57 708
94 500
-
-
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%.

11 542
18 899
-
-
total
11 542
18 899
-
-
Dividends

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

46 167
75 601
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
27 224
18 899
41 155
43 973
After tax
67 276
75 601
53 345
50 527
Living cost
21 110
21 110
21 110
21 110
Free-cash
46 166
54 491
32 235
29 417

Estimated living cost  is ₽21110 per week

₽13467
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2010
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽564
-₽6260
₽11172
-₽6260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
17 174
pensions
-
-
-
11 888
health
-
-
-
11 759
total
-
-
-
40 821
Employee
86 650
86 650
86 650
-
health
13 300
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
15 597
11 888
15 597
-
total
43 080
37 384
43 080
-
Employer
86 650
86 650
86 650
-
unemployment
3 119
3 119
3 119
-
pensions
6 031
6 031
6 031
-
health
6 023
6 023
6 023
-
total
15 173
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
58 253
52 557
58 253
40 821
After tax
36 247
41 943
36 247
53 679
Living cost
42 507
42 507
42 507
42 507
Free-cash
-6 260
-564
-6 260
11 172

Estimated living cost  is ₽42507 per week

₽30123
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽676
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12492
₽11615
₽9790
₽11359
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
20 776
accident
-
-
-
171
pensions
-
-
-
9 265
other
-
-
-
9 959
unemployment
-
-
-
86
health
-
-
-
5 348
national
-
-
-
-
total
-
-
-
45 605
Employee
55 722
-
71 907
-
municipal
16 616
-
21 443
-
national
-
-
-
-
total
16 616
-
21 443
-
Employer
55 722
-
71 907
-
accident
111
-
144
-
other
6 475
-
8 356
-
unemployment
1 471
-
1 898
-
pensions
6 023
-
7 773
-
health
3 427
-
4 422
-
total
17 507
-
22 593
-
Corporate
21 271
94 500
-
-
income
4 680
20 790
-
-
total
4 680
20 790
-
-
Dividends
16 591
73 710
-
-
withholding
4 977
22 113
-
-
total
4 977
22 113
-
-
Income
94 500
94 500
94 500
94 500
Total tax
43 780
42 903
44 036
45 605
After tax
50 720
51 597
50 464
48 895
Living cost
39 105
39 105
39 105
39 105
Free-cash
11 615
12 492
11 359
9 790

Estimated living cost  is ₽39105 per week

₽25918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8757
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7453
₽21711
₽20437
₽28222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
trade
-
-
-
7 785
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.

-
-
-
18 468
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.

-
-
-
6 932
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.

-
-
-
1 017
total
-
-
-
34 202
Employee

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

51 457
-
94 500
-
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.

6 932
-
6 932
-
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.

243
-
1 017
-
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.

4 421
-
18 468
-
total
11 596
-
26 417
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 043
94 500
-
-
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.

354
780
-
-
income
6 456
14 176
-
-
trade
7 080
15 545
-
-
chamber of commerce
216
289
-
-
total
14 106
30 790
-
-
Dividends
28 937
63 710
-
-
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.

377
855
-
-
withholding
6 849
15 541
-
-
total
7 226
16 396
-
-
Income
94 500
94 500
94 500
94 500
Total tax
32 928
47 186
26 417
34 202
After tax
61 572
47 314
68 083
60 298
Living cost
39 861
39 861
39 861
39 861
Free-cash
21 711
7 453
28 222
20 437

Estimated living cost  is ₽39861 per week

₽26659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4203
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36301
₽32095
₽35078
₽34982
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
9 360
health
-
-
-
2 409
social contributions
-
-
-
14 742
total
-
-
-
26 511
Employee
78 025
78 025
85 793
-
social contributions
3 791
6 476
7 121
-
health
776
1 327
1 458
-
income
8 193
7 223
9 320
-
total
12 760
15 026
17 899
-
Employer
78 025
78 025
85 793
-
social contributions
3 791
6 476
7 121
-
health
845
1 444
1 587
-
total
4 636
7 920
8 708
-
Corporate
44 191
8 556
-
-
income
5 524
1 069
-
-
total
5 524
1 069
-
-
Dividends
38 667
7 487
-
-
withholding
6 574
1 273
-
-
total
6 574
1 273
-
-
Income
94 500
94 500
94 500
94 500
Total tax
29 494
25 288
26 607
26 511
After tax
65 006
69 212
67 893
67 989
Living cost
32 911
32 911
32 911
32 911
Free-cash
32 095
36 301
34 982
35 078

Estimated living cost  is ₽32911 per week

₽22498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7290
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34787
₽35172
₽46989
₽36306
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
11 553
pensions
-
-
-
9 450
unemployment
-
-
-
1 417
health
-
-
-
6 615
total
-
-
-
29 035
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.

26 671
10 615
79 079
-
health
1 867
743
5 536
-
income
3 260
1 298
9 667
-
pensions
2 667
1 061
7 908
-
unemployment
400
159
1 186
-
total
8 194
3 261
24 297
-
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.

26 671
10 615
79 079
-
pensions
5 201
2 070
15 421
-
total
5 201
2 070
15 421
-
Corporate
62 629
81 816
-
-
income
5 637
7 363
-
-
total
5 637
7 363
-
-
Dividends
56 992
74 452
-
-
social contributions
10 992
14 397
-
-
withholding
10 828
14 146
-
-
total
21 820
28 543
-
-
Income
94 500
94 500
94 500
94 500
Total tax
40 852
41 237
39 718
29 035
After tax
53 648
53 263
54 782
65 465
Living cost
18 476
18 476
18 476
18 476
Free-cash
35 172
34 787
36 306
46 989

Estimated living cost  is ₽18476 per week

₽12608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3987
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51093
₽44789
₽26146
₽29960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
12 662
pensions
-
-
-
18 899
health
-
-
-
12 285
total
-
-
-
43 846
Employee
28 785
-
70 629
-
income
3 241
-
13 618
-
pensions
576
-
1 413
-
unemployment
460
-
1 130
-
total
4 277
-
16 161
-
Employer
28 785
-
70 629
-
unemployment
231
-
564
-
pensions
5 757
-
14 126
-
health
3 741
-
9 181
-
total
9 729
-
23 871
-
Corporate
55 985
94 500
-
-
income
11 197
18 899
-
-
total
11 197
18 899
-
-
Dividends
44 788
75 601
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
25 203
18 899
40 032
43 846
After tax
69 297
75 601
54 468
50 654
Living cost
24 508
24 508
24 508
24 508
Free-cash
44 789
51 093
29 960
26 146

Estimated living cost  is ₽24508 per week

₽16810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1460
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14449
₽4266
₽42794
₽26328
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
254
income
-
-
-
22 604
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
29 602
Employee
34 771
-
80 129
-
health
3 981
-
9 175
-
income
4 770
-
14 856
-
pensions
3 915
-
7 666
-
total
12 666
-
31 697
-
Employer
34 771
-
80 129
-
accident
580
-
1 338
-
unemployment
852
-
1 963
-
pensions
5 654
-
11 070
-
total
7 086
-
14 371
-
Corporate
52 642
94 500
-
-
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.

47 378
85 050
-
-
total
47 378
85 050
-
-
Dividends
5 264
9 450
-
-
withholding
1 000
1 795
-
-
total
1 000
1 795
-
-
Income
94 500
94 500
94 500
94 500
Total tax
68 130
86 845
46 068
29 602
After tax
26 370
7 655
48 432
64 898
Living cost
22 104
22 104
22 104
22 104
Free-cash
4 266
-14 449
26 328
42 794

Estimated living cost  is ₽22104 per week

₽16201
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽80513
₽78777
₽84293
₽66338
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
94 500
microenterprise

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

-
-
-
945
total
-
-
-
945
Employee
11 577
-
94 500
-
income
2 315
-
18 900
-
total
2 315
-
18 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

82 923
94 500
-
-
total
-
-
-
-
Dividends
82 923
94 500
-
-
withholding
4 146
4 725
-
-
total
4 146
4 725
-
-
Income
94 500
94 500
94 500
94 500
Total tax
6 461
4 725
18 900
945
After tax
88 039
89 775
75 600
93 555
Living cost
9 262
9 262
9 262
9 262
Free-cash
78 777
80 513
66 338
84 293

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42392
₽35538
₽24135
₽28352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
12 002
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.

-
-
-
22 681
other
-
-
-
4 488
health
-
-
-
4 157
total
-
-
-
43 328
Employee
36 842
-
75 477
-
health
516
-
1 057
-
income
6 343
-
12 992
-
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.

2 578
-
5 284
-
unemployment
368
-
755
-
total
9 805
-
20 088
-
Employer
36 842
-
75 477
-
accident
295
-
605
-
other
1 843
-
3 774
-
unemployment
368
-
755
-
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.

6 264
-
12 832
-
health
516
-
1 057
-
total
9 286
-
19 023
-
Corporate
48 373
94 500
-
-
income
10 159
19 845
-
-
total
10 159
19 845
-
-
Dividends
38 214
74 655
-
-
withholding
2 675
5 226
-
-
total
2 675
5 226
-
-
Income
94 500
94 500
94 500
94 500
Total tax
31 925
25 071
39 111
43 328
After tax
62 575
69 429
55 389
51 172
Living cost
27 037
27 037
27 037
27 037
Free-cash
35 538
42 392
28 352
24 135

Estimated living cost  is ₽27037 per week

₽19103
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2326
-₽15668
₽1058
-₽9033
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
18 169
pensions
-
-
-
6 794
total
-
-
-
24 963
Employee
96 888
-
83 347
-
health
1 597
-
1 319
-
income
17 465
-
14 861
-
pensions
9 347
-
7 721
-
total
28 409
-
23 901
-
Employer
96 888
-
83 347
-
pensions
11 440
-
9 570
-
health
1 840
-
1 583
-
total
13 280
-
11 153
-
Corporate
-
94 500
-
-
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.

-
17 954
-
-
total
-
17 954
-
-
Dividends
-
76 546
-
-
withholding
-
5 741
-
-
total
-
5 741
-
-
Income
94 500
94 500
94 500
94 500
Total tax
41 689
23 695
35 054
24 963
After tax
52 811
70 805
59 446
69 537
Living cost
68 479
68 479
68 479
68 479
Free-cash
-15 668
2 326
-9 033
1 058

Estimated living cost  is ₽68479 per week

₽51313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8046
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.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67485
₽62767
₽57542
₽60340
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
14 175
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
23 645
Employee
17 628
-
87 542
-
health
811
-
1 631
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 763
-
8 754
-
pensions

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

1 548
-
3 114
-
total
4 316
-
13 889
-
Employer
17 628
-
87 542
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 943
-
3 908
-
health
1 217
-
2 447
-
total
3 459
-
6 958
-
Corporate
73 413
94 500
-
-
income
7 342
9 450
-
-
total
7 342
9 450
-
-
Dividends
66 071
85 050
-
-
withholding
3 303
4 252
-
-
total
3 303
4 252
-
-
Income
94 500
94 500
94 500
94 500
Total tax
18 420
13 702
20 847
23 645
After tax
76 080
80 798
73 653
70 855
Living cost
13 313
13 313
13 313
13 313
Free-cash
62 767
67 485
60 340
57 542

Estimated living cost  is ₽13313 per week

₽7772
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4237
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14323
-₽16044
-₽2587
-₽20019
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
17 174
pensions
-
-
-
11 888
health
-
-
-
11 759
total
-
-
-
40 821
Employee
94 074
86 650
86 650
-
health
11 736
11 313
13 300
-
income

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

14 183
14 183
14 183
-
pensions
11 888
11 888
15 597
-
total
37 807
37 384
43 080
-
Employer
94 074
86 650
86 650
-
unemployment
3 387
3 119
3 119
-
pensions
6 547
6 031
6 031
-
health
6 537
6 023
6 023
-
total
16 471
15 173
15 173
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
54 278
52 557
58 253
40 821
After tax
40 222
41 943
36 247
53 679
Living cost
56 266
56 266
56 266
56 266
Free-cash
-16 044
-14 323
-20 019
-2 587

Estimated living cost  is ₽56266 per week

₽41505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40737
₽32058
₽21700
₽23628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
8 122
health
-
-
-
12 758
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 594
total
-
-
-
48 474
Employee
35 774
-
70 522
-
social contributions
2 325
-
4 584
-
health
4 830
-
9 521
-
solidarity contribution
-
-
-
-
income
4 293
-
8 463
-
total
11 448
-
22 568
-
Employer
35 774
-
70 522
-
social contributions
8 944
-
17 631
-
health
3 220
-
6 347
-
total
12 164
-
23 978
-
Corporate
46 563
94 500
-
-
income
8 847
17 955
-
-
total
8 847
17 955
-
-
Dividends
37 716
76 545
-
-
withholding
5 657
11 482
-
-
total
5 657
11 482
-
-
Income
94 500
94 500
94 500
94 500
Total tax
38 116
29 437
46 546
48 474
After tax
56 384
65 063
47 954
46 026
Living cost
24 326
24 326
24 326
24 326
Free-cash
32 058
40 737
23 628
21 700

Estimated living cost  is ₽24326 per week

₽16897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1731
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7604
₽2305
₽6199
₽1700
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
562
regional
-
-
-
1 030
national
-
-
-
19 587
social contributions
-
-
-
24 306
total
-
-
-
45 485
Employee
90 179
-
94 500
-
social contributions
30 408
-
31 866
-
regional
851
-
901
-
municipal
478
-
501
-
national
15 626
-
16 716
-
total
47 363
-
49 984
-
Employer
90 179
-
94 500
-
total
-
-
-
-
Corporate
4 321
94 500
-
-
nationa
1 038
22 679
-
-
municipal
169
3 686
-
-
total
1 207
26 365
-
-
Dividends
3 114
68 135
-
-
withholding
809
17 715
-
-
total
809
17 715
-
-
Income
94 500
94 500
94 500
94 500
Total tax
49 379
44 080
49 984
45 485
After tax
45 121
50 420
44 516
49 015
Living cost
42 816
42 816
42 816
42 816
Free-cash
2 305
7 604
1 700
6 199

Estimated living cost  is ₽42816 per week

₽29846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽657
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37049
₽33892
₽26943
₽25121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
17 317
pensions
-
-
-
18 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 709
surtax
-
-
-
2 010
total
-
-
-
45 166
Employee
33 555
-
78 069
-
other
-
-
-
-
health
857
-
1 991
-
surtax
110
-
1 800
-
income
5 625
-
16 125
-
pensions
2 237
-
5 207
-
unemployment
2 336
-
5 434
-
total
11 165
-
30 557
-
Employer
33 555
-
78 069
-
other
-
-
-
-
unemployment
1 063
-
2 474
-
pensions
4 473
-
10 406
-
health
1 527
-
3 551
-
total
7 063
-
16 431
-
Corporate
53 882
94 500
-
-
income
14 008
24 570
-
-
total
14 008
24 570
-
-
Dividends
39 874
69 930
-
-
withholding
5 981
10 490
-
-
total
5 981
10 490
-
-
Income
94 500
94 500
94 500
94 500
Total tax
38 217
35 060
46 988
45 166
After tax
56 283
59 440
47 512
49 334
Living cost
22 391
22 391
22 391
22 391
Free-cash
33 892
37 049
25 121
26 943

Estimated living cost  is ₽22391 per week

₽13691
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2066
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24022
₽15964
₽22754
₽12663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
18 169
pensions
-
-
-
6 794
total
-
-
-
24 963
Employee
64 932
-
83 347
-
health
943
-
1 319
-
income
11 695
-
14 861
-
pensions
5 511
-
7 721
-
total
18 149
-
23 901
-
Employer
64 932
-
83 347
-
pensions
7 029
-
9 570
-
health
1 233
-
1 583
-
total
8 262
-
11 153
-
Corporate
21 306
94 500
-
-
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.

4 048
17 954
-
-
total
4 048
17 954
-
-
Dividends
17 258
76 546
-
-
withholding
1 294
5 741
-
-
total
1 294
5 741
-
-
Income
94 500
94 500
94 500
94 500
Total tax
31 753
23 695
35 054
24 963
After tax
62 747
70 805
59 446
69 537
Living cost
46 783
46 783
46 783
46 783
Free-cash
15 964
24 022
12 663
22 754

Estimated living cost  is ₽46783 per week

₽35050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3507
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34114
-₽4611
₽1790
-₽3046
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
city
-
-
-
995
pensions
-
-
-
8 693
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.

-
-
-
1 891
regional
-
-
-
3 082
health
-
-
-
252
national
-
-
-
471
total
-
-
-
15 384
Employee
90 491
-
84 582
-
city
971
-
910
-
regional
2 963
-
2 643
-
health
205
-
191
-
pensions
7 602
-
7 106
-
unemployment
-
-
-
-
national
428
-
381
-
total
12 169
-
11 231
-
Employer
90 491
-
84 582
-
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.

1 809
-
1 692
-
unemployment
-
-
-
-
pensions
7 602
-
7 106
-
health
205
-
191
-
total
9 616
-
8 989
-
Corporate
-
94 500
-
-
regional
-
19 987
-
-
national
-
8 033
-
-
total
-
28 020
-
-
Dividends
-
66 479
-
-
withholding
-
23 268
-
-
total
-
23 268
-
-
Income
94 500
94 500
94 500
94 500
Total tax
21 785
51 288
20 220
15 384
After tax
72 715
43 212
74 280
79 116
Living cost
77 326
77 326
77 326
77 326
Free-cash
-4 611
-34 114
-3 046
1 790

Estimated living cost  is ₽77326 per week

₽50284
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽949
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽344
₽16799
₽13484
₽21600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
trade
-
-
-
8 116
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.

-
-
-
18 468
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.

-
-
-
6 932
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.

-
-
-
1 017
total
-
-
-
34 533
Employee

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

60 981
-
94 500
-
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.

6 932
-
6 932
-
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
-
1 017
-
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.

7 171
-
18 468
-
total
14 498
-
26 417
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
33 519
94 500
-
-
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.

277
780
-
-
income
5 028
14 176
-
-
trade
5 748
16 207
-
-
chamber of commerce
202
287
-
-
total
11 255
31 450
-
-
Dividends
22 264
63 050
-
-
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.

285
845
-
-
withholding
5 180
15 378
-
-
total
5 465
16 223
-
-
Income
94 500
94 500
94 500
94 500
Total tax
31 218
47 673
26 417
34 533
After tax
63 282
46 827
68 083
59 967
Living cost
46 483
46 483
46 483
46 483
Free-cash
16 799
344
21 600
13 484

Estimated living cost  is ₽46483 per week

₽33950
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12912
₽18908
₽19901
₽19361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
8 014
pensions
-
-
-
24 879
other
-
-
-
2 931
health
-
-
-
1 367
surtax
-
-
-
-
social contributions
-
-
-
2 692
total
-
-
-
39 883
Employee
43 427
-
72 009
-
social contributions
1 238
-
2 053
-
surtax
-
-
-
-
income
2 563
-
7 736
-
pensions
4 910
-
8 145
-
total
8 711
-
17 934
-
Employer
43 427
-
72 009
-
other
1 498
-
2 484
-
social contributions
131
-
216
-
unemployment
1 758
-
2 917
-
pensions
7 134
-
11 831
-
health
3 040
-
5 041
-
total
13 561
-
22 489
-
Corporate
37 511
94 500
-
-
surtax
-
-
-
-
income
10 504
26 459
-
-
total
10 504
26 459
-
-
Dividends
27 007
68 041
-
-
surtax
-
-
-
-
social contributions
4 644
11 704
-
-
withholding
3 456
8 709
-
-
total
8 100
20 413
-
-
Income
94 500
94 500
94 500
94 500
Total tax
40 876
46 872
40 423
39 883
After tax
53 624
47 628
54 077
54 617
Living cost
34 716
34 716
34 716
34 716
Free-cash
18 908
12 912
19 361
19 901

Estimated living cost  is ₽34716 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2823
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9414
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16352
₽21988
₽23341
₽22801
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
8 014
pensions
-
-
-
24 879
other
-
-
-
2 931
health
-
-
-
1 367
surtax
-
-
-
-
social contributions
-
-
-
2 692
total
-
-
-
39 883
Employee
38 765
-
72 009
-
social contributions
1 105
-
2 053
-
surtax
-
-
-
-
income
1 999
-
7 736
-
pensions
4 384
-
8 145
-
total
7 488
-
17 934
-
Employer
38 765
-
72 009
-
other
1 338
-
2 484
-
social contributions
116
-
216
-
unemployment
1 569
-
2 917
-
pensions
6 370
-
11 831
-
health
2 713
-
5 041
-
total
12 106
-
22 489
-
Corporate
43 629
94 500
-
-
surtax
-
-
-
-
income
12 216
26 459
-
-
total
12 216
26 459
-
-
Dividends
31 414
68 041
-
-
surtax
-
-
-
-
social contributions
5 405
11 704
-
-
withholding
4 021
8 709
-
-
total
9 426
20 413
-
-
Income
94 500
94 500
94 500
94 500
Total tax
41 236
46 872
40 423
39 883
After tax
53 264
47 628
54 077
54 617
Living cost
31 276
31 276
31 276
31 276
Free-cash
21 988
16 352
22 801
23 341

Estimated living cost  is ₽31276 per week

₽18139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9368
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36139
₽36665
₽39169
₽39697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
14 176
health
-
-
-
6 597
social contributions
-
-
-
13 042
total
-
-
-
33 815
Employee
34 404
-
94 500
-
social contributions
4 748
-
13 042
-
health
2 401
-
6 597
-
income
5 738
-
13 648
-
total
12 887
-
33 287
-
Employer
34 404
-
94 500
-
total
-
-
-
-
Corporate
60 096
94 500
-
-
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%.

3 004
4 725
-
-
total
3 004
4 725
-
-
Dividends
57 092
89 775
-
-
health
3 986
6 266
-
-
social contributions
7 879
12 389
-
-
withholding
8 563
13 465
-
-
total
20 428
32 120
-
-
Income
94 500
94 500
94 500
94 500
Total tax
36 319
36 845
33 287
33 815
After tax
58 181
57 655
61 213
60 685
Living cost
21 516
21 516
21 516
21 516
Free-cash
36 665
36 139
39 697
39 169

Estimated living cost  is ₽21516 per week

₽14399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1327
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17337
₽15768
₽12668
-₽6183
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
chamber of commerce
-
-
-
377
income
-
-
-
14 567
pensions
-
-
-
17 482
unemployment
-
-
-
6 223
health
-
-
-
7 229
surtax
-
-
-
200
total
-
-
-
46 078
Employee
50 709
40 437
73 225
-
other
506
404
732
-
health
1 962
1 565
2 834
-
income
5 773
2 983
13 053
-
pensions
5 193
4 140
7 498
-
unemployment
1 521
1 213
2 197
-
total
14 955
10 305
26 314
-
Employer
50 709
40 437
73 225
-
accident
659
526
951
-
other
2 409
1 920
3 478
-
chamber of commerce
202
162
293
-
unemployment
1 521
1 213
2 197
-
surtax
200
200
200
-
pensions
6 364
5 076
9 189
-
payroll
1 521
1 213
2 197
-
health
1 916
1 529
2 767
-
total
14 792
11 839
21 272
-
Corporate
28 998
42 225
69 377
-
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.

7 250
10 556
17 343
-
total
7 250
10 556
17 343
-
Dividends
21 749
31 669
-
-
withholding
5 981
8 709
-
-
total
5 981
8 709
-
-
Income
94 500
94 500
94 500
94 500
Total tax
42 978
41 409
64 929
46 078
After tax
51 522
53 091
29 571
48 422
Living cost
35 754
35 754
35 754
35 754
Free-cash
15 768
17 337
-6 183
12 668

Estimated living cost  is ₽35754 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3050
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.
₽8270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16029
₽628
₽8237
₽260
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
national
-
-
-
30 091
communal

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

-
-
-
4 808
social contributions
-
-
-
14 367
total
-
-
-
49 266
Employee

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

72 581
-
73 196
-
communal

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

3 786
-
3 818
-
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.

3 410
-
3 439
-
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.

5 444
-
5 490
-
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.

632
-
637
-
national
22 314
-
22 555
-
total
35 586
-
35 939
-
Employer

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

72 581
-
73 196
-
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.

944
-
951
-
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.

1 059
-
1 069
-
surtax
8 230
-
8 299
-
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.

6 431
-
6 485
-
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.

4 463
-
4 500
-
total
21 127
-
21 304
-
Corporate
792
94 500
-
-
surtax
4
377
-
-
income
158
18 899
-
-
total
162
19 276
-
-
Dividends
630
75 223
-
-
withholding

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

-
22 198
-
-
total
-
22 198
-
-
Income
94 500
94 500
94 500
94 500
Total tax
56 875
41 474
57 243
49 266
After tax
37 625
53 026
37 257
45 234
Living cost
36 997
36 997
36 997
36 997
Free-cash
628
16 029
260
8 237

Estimated living cost  is ₽36997 per week

₽23831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3235
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.
₽9352
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27042
₽18959
₽13287
₽13863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
847
income
-
-
-
16 353
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 568
Employee
50 509
-
71 657
-
other
50
-
71
-
income
10 657
-
16 599
-
pensions
2 374
-
3 368
-
unemployment
784
-
1 111
-
total
13 865
-
21 149
-
Employer
50 509
-
71 657
-
accident
999
-
1 419
-
other
402
-
572
-
unemployment
2 779
-
3 942
-
pensions
11 919
-
16 910
-
total
16 099
-
22 843
-
Corporate
27 892
94 500
-
-
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.

4 184
14 176
-
-
total
4 184
14 176
-
-
Dividends
23 708
80 324
-
-
withholding
4 748
16 637
-
-
total
4 748
16 637
-
-
Income
94 500
94 500
94 500
94 500
Total tax
38 896
30 813
43 992
44 568
After tax
55 604
63 687
50 508
49 932
Living cost
36 645
36 645
36 645
36 645
Free-cash
18 959
27 042
13 863
13 287

Estimated living cost  is ₽36645 per week

₽26985
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2901
-₽3672
-₽226
₽4212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
797
income
-
-
-
7 324
pensions
-
-
-
14 164
health
-
-
-
6 641
surtax
-
-
-
4 685
communal
-
-
-
5 973
total
-
-
-
39 584
Employee
76 841
-
84 412
-
health
3 420
-
3 757
-
surtax
4 710
-
5 174
-
income
7 422
-
9 374
-
pensions
6 146
-
6 753
-
total
21 698
-
25 058
-
Employer
76 841
-
84 412
-
accident
691
-
761
-
pensions
6 146
-
6 753
-
health
2 343
-
2 574
-
total
9 180
-
10 088
-
Corporate
8 478
94 500
-
-
surtax
89
992
-
-
communal
-
6 379
-
-
income
1 271
14 176
-
-
total
1 360
21 547
-
-
Dividends
7 118
72 953
-
-
income
9 723
3 967
-
-
withholding
1 069
10 943
-
-
total
10 792
14 910
-
-
Income
94 500
94 500
94 500
94 500
Total tax
43 030
36 457
35 146
39 584
After tax
51 470
58 043
59 354
54 916
Living cost
55 142
55 142
55 142
55 142
Free-cash
-3 672
2 901
4 212
-226

Estimated living cost  is ₽55142 per week

₽41365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3341
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9851
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36649
₽33421
₽26543
₽24721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
17 317
pensions
-
-
-
18 899
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
6 709
surtax
-
-
-
2 010
total
-
-
-
45 166
Employee
34 171
-
78 069
-
other
-
-
-
-
health
872
-
1 991
-
surtax
121
-
1 800
-
income
5 729
-
16 125
-
pensions
2 280
-
5 207
-
unemployment
2 378
-
5 434
-
total
11 380
-
30 557
-
Employer
34 171
-
78 069
-
other
-
-
-
-
unemployment
1 084
-
2 474
-
pensions
4 556
-
10 406
-
health
1 554
-
3 551
-
total
7 194
-
16 431
-
Corporate
53 135
94 500
-
-
income
13 816
24 570
-
-
total
13 816
24 570
-
-
Dividends
39 319
69 930
-
-
withholding
5 898
10 490
-
-
total
5 898
10 490
-
-
Income
94 500
94 500
94 500
94 500
Total tax
38 288
35 060
46 988
45 166
After tax
56 212
59 440
47 512
49 334
Living cost
22 791
22 791
22 791
22 791
Free-cash
33 421
36 649
24 721
26 543

Estimated living cost  is ₽22791 per week

₽13760
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22339
₽20087
₽21286
₽16812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
562
regional
-
-
-
1 426
national
-
-
-
19 587
social contributions
-
-
-
24 306
total
-
-
-
45 881
Employee
56 286
-
94 500
-
social contributions
18 980
-
31 866
-
regional
758
-
1 272
-
municipal
298
-
501
-
national
8 917
-
16 716
-
total
28 953
-
50 355
-
Employer
56 286
-
94 500
-
total
-
-
-
-
Corporate
38 214
94 500
-
-
nationa
9 171
22 679
-
-
municipal
1 899
4 696
-
-
total
11 070
27 375
-
-
Dividends
27 144
67 124
-
-
withholding
7 057
17 453
-
-
total
7 057
17 453
-
-
Income
94 500
94 500
94 500
94 500
Total tax
47 080
44 828
50 355
45 881
After tax
47 420
49 672
44 145
48 619
Living cost
27 333
27 333
27 333
27 333
Free-cash
20 087
22 339
16 812
21 286

Estimated living cost  is ₽27333 per week

₽16999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2769
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.
₽7098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35086
₽24393
₽16049
₽17977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
8 122
health
-
-
-
12 758
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 594
total
-
-
-
48 474
Employee
44 083
-
70 522
-
social contributions
2 865
-
4 584
-
health
5 951
-
9 521
-
solidarity contribution
-
-
-
-
income
5 290
-
8 463
-
total
14 106
-
22 568
-
Employer
44 083
-
70 522
-
social contributions
11 021
-
17 631
-
health
3 967
-
6 347
-
total
14 988
-
23 978
-
Corporate
35 429
94 500
-
-
income
6 731
17 955
-
-
total
6 731
17 955
-
-
Dividends
28 697
76 545
-
-
withholding
4 305
11 482
-
-
total
4 305
11 482
-
-
Income
94 500
94 500
94 500
94 500
Total tax
40 130
29 437
46 546
48 474
After tax
54 370
65 063
47 954
46 026
Living cost
29 977
29 977
29 977
29 977
Free-cash
24 393
35 086
17 977
16 049

Estimated living cost  is ₽29977 per week

₽22292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1661
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20828
₽20324
₽16250
-₽2770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
chamber of commerce
-
-
-
377
income
-
-
-
14 567
pensions
-
-
-
17 482
unemployment
-
-
-
6 223
health
-
-
-
7 229
surtax
-
-
-
-
total
-
-
-
45 878
Employee
44 355
40 437
73 382
-
other
443
404
734
-
health
1 716
1 565
2 840
-
income
3 951
2 983
13 109
-
pensions
4 542
4 140
7 514
-
unemployment
1 331
1 213
2 201
-
total
11 983
10 305
26 398
-
Employer
44 355
40 437
73 382
-
accident
576
526
953
-
other
2 107
1 920
3 485
-
chamber of commerce
177
162
293
-
unemployment
1 331
1 213
2 201
-
surtax
-
-
-
-
pensions
5 567
5 076
9 210
-
payroll
1 331
1 213
2 201
-
health
1 677
1 529
2 775
-
total
12 766
11 639
21 118
-
Corporate
37 381
42 425
69 531
-
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.

9 345
10 606
17 382
-
total
9 345
10 606
17 382
-
Dividends
28 036
31 819
-
-
withholding
7 710
8 750
-
-
total
7 710
8 750
-
-
Income
94 500
94 500
94 500
94 500
Total tax
41 804
41 300
64 898
45 878
After tax
52 696
53 200
29 602
48 622
Living cost
32 372
32 372
32 372
32 372
Free-cash
20 324
20 828
-2 770
16 250

Estimated living cost  is ₽32372 per week

₽19419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽75342
₽72636
₽79122
₽61167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
94 500
microenterprise

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

-
-
-
945
total
-
-
-
945
Employee
18 041
-
94 500
-
income
3 608
-
18 900
-
total
3 608
-
18 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

76 459
94 500
-
-
total
-
-
-
-
Dividends
76 459
94 500
-
-
withholding
3 823
4 725
-
-
total
3 823
4 725
-
-
Income
94 500
94 500
94 500
94 500
Total tax
7 431
4 725
18 900
945
After tax
87 069
89 775
75 600
93 555
Living cost
14 433
14 433
14 433
14 433
Free-cash
72 636
75 342
61 167
79 122

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37846
₽29359
₽21981
₽19275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
income
-
-
-
18 602
pensions
-
-
-
17 259
unemployment
-
-
-
142
health
-
-
-
9 300
total
-
-
-
45 303
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.

44 870
-
81 770
-
health
2 898
-
5 282
-
income
7 738
-
17 210
-
pensions
6 955
-
12 674
-
unemployment
64
-
114
-
total
17 655
-
35 280
-
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.

44 870
-
81 770
-
unemployment
27
-
48
-
pensions
3 970
-
7 236
-
health
2 988
-
5 445
-
total
6 985
-
12 729
-
Corporate
42 644
94 500
-
-
income
8 103
17 956
-
-
total
8 103
17 956
-
-
Dividends
34 542
76 544
-
-
withholding
5 182
11 482
-
-
total
5 182
11 482
-
-
Income
94 500
94 500
94 500
94 500
Total tax
37 925
29 438
48 009
45 303
After tax
56 575
65 062
46 491
49 197
Living cost
27 216
27 216
27 216
27 216
Free-cash
29 359
37 846
19 275
21 981

Estimated living cost  is ₽27216 per week

₽18678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13510
-₽57491
₽21323
₽37106
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
18 420
social contributions
-
-
-
10 773
total
-
-
-
29 193
Employee
63 067
-
-
-
social contributions
5 172
-
737
-
income
13 911
-
-
-
total
19 083
-
737
-
Employer
63 067
-
-
-
social contributions
88 924
-
12 673
-
total
88 924
-
12 673
-
Corporate
-
94 500
-
-
income
-
20 790
-
-
total
-
20 790
-
-
Dividends
-
73 710
-
-
income
-
16 216
-
-
total
-
16 216
-
-
Income
94 500
94 500
94 500
94 500
Total tax
108 007
37 006
13 410
29 193
After tax
-13 507
57 494
81 090
65 307
Living cost
43 984
43 984
43 984
43 984
Free-cash
-57 491
13 510
37 106
21 323

Estimated living cost  is ₽43984 per week

₽28539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4137
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.
₽10748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21924
₽20902
₽21289
₽16784
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
income
-
-
-
8 546
surtax
-
-
-
-
social contributions

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

-
-
-
32 838
total
-
-
-
41 384
Employee
46 668
-
76 363
-
social contributions
5 134
-
8 399
-
surtax
-
-
-
-
income
9 707
-
19 353
-
total
14 841
-
27 752
-
Employer
46 668
-
76 363
-
social contributions
11 084
-
18 137
-
total
11 084
-
18 137
-
Corporate
36 749
94 500
-
-
surtax
-
-
-
-
income
7 718
19 845
-
-
total
7 718
19 845
-
-
Dividends
29 031
74 655
-
-
withholding
8 128
20 904
-
-
total
8 128
20 904
-
-
Income
94 500
94 500
94 500
94 500
Total tax
41 771
40 749
45 889
41 384
After tax
52 729
53 751
48 611
53 116
Living cost
31 827
31 827
31 827
31 827
Free-cash
20 902
21 924
16 784
21 289

Estimated living cost  is ₽31827 per week

₽23813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1877
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5605
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1380
₽5596
₽5609
₽5069
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
8 014
pensions
-
-
-
24 879
other
-
-
-
2 931
health
-
-
-
1 367
surtax
-
-
-
-
social contributions
-
-
-
2 692
total
-
-
-
39 883
Employee
63 552
-
72 009
-
social contributions
1 810
-
2 053
-
surtax
-
-
-
-
income
5 545
-
7 736
-
pensions
7 188
-
8 145
-
total
14 543
-
17 934
-
Employer
63 552
-
72 009
-
other
2 193
-
2 484
-
social contributions
191
-
216
-
unemployment
2 574
-
2 917
-
pensions
10 442
-
11 831
-
health
4 448
-
5 041
-
total
19 848
-
22 489
-
Corporate
11 100
94 500
-
-
surtax
-
-
-
-
income
3 108
26 459
-
-
total
3 108
26 459
-
-
Dividends
7 992
68 041
-
-
surtax
-
-
-
-
social contributions
1 375
11 704
-
-
withholding
1 022
8 709
-
-
total
2 397
20 413
-
-
Income
94 500
94 500
94 500
94 500
Total tax
39 896
46 872
40 423
39 883
After tax
54 604
47 628
54 077
54 617
Living cost
49 008
49 008
49 008
49 008
Free-cash
5 596
-1 380
5 069
5 609

Estimated living cost  is ₽49008 per week

₽33168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4009
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54548
₽51140
₽41834
₽44486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
1 375
social contributions
-
-
-
20 790
total
-
-
-
22 165
Employee
32 621
-
81 818
-
income
-
-
1 513
-
social contributions
2 120
-
5 318
-
total
2 120
-
6 831
-
Employer
32 621
-
81 818
-
social contributions
5 057
-
12 682
-
total
5 057
-
12 682
-
Corporate
56 822
94 500
-
-
income
5 682
9 451
-
-
total
5 682
9 451
-
-
Dividends
51 140
85 049
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
12 859
9 451
19 513
22 165
After tax
81 641
85 049
74 987
72 335
Living cost
30 501
30 501
30 501
30 501
Free-cash
51 140
54 548
44 486
41 834

Estimated living cost  is ₽30501 per week

₽19722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2299
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽126601
-₽126601
₽10136
-₽126601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
17 205
pensions
-
-
-
880
national
-
-
-
9 916
labour market
-
-
-
7 490
total
-
-
-
35 491
Employee
206 279
206 279
206 279
-
labour market
16 479
16 479
16 479
-
national
25 201
25 201
25 201
-
municipal
43 926
43 926
43 926
-
pensions
293
293
293
-
total
85 899
85 899
85 899
-
Employer
206 279
206 279
206 279
-
labour market
16 502
16 502
16 502
-
municipal
43 996
43 996
43 996
-
pensions
586
586
586
-
national
25 245
25 245
25 245
-
total
86 329
86 329
86 329
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
94 500
94 500
94 500
94 500
Total tax
172 228
172 228
172 228
35 491
After tax
-77 728
-77 728
-77 728
59 009
Living cost
48 873
48 873
48 873
48 873
Free-cash
-126 601
-126 601
-126 601
10 136

Estimated living cost  is ₽48873 per week

₽33449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14123
₽4315
₽43120
₽26654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
254
income
-
-
-
22 604
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
29 602
Employee
34 259
-
80 129
-
health
3 923
-
9 175
-
income
4 700
-
14 856
-
pensions
3 858
-
7 666
-
total
12 481
-
31 697
-
Employer
34 259
-
80 129
-
accident
572
-
1 338
-
unemployment
839
-
1 963
-
pensions
5 570
-
11 070
-
total
6 981
-
14 371
-
Corporate
53 259
94 500
-
-
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.

47 933
85 050
-
-
total
47 933
85 050
-
-
Dividends
5 326
9 450
-
-
withholding
1 012
1 795
-
-
total
1 012
1 795
-
-
Income
94 500
94 500
94 500
94 500
Total tax
68 407
86 845
46 068
29 602
After tax
26 093
7 655
48 432
64 898
Living cost
21 778
21 778
21 778
21 778
Free-cash
4 315
-14 123
26 654
43 120

Estimated living cost  is ₽21778 per week

₽15852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24411
₽21481
₽28928
₽15504
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
94 500
municipal
-
-
-
16 824
health
-
-
-
1 032
national
-
-
-
8 759
total
-
-
-
26 615
Employee
53 385
-
79 500
-
health
399
-
801
-
municipal
8 744
-
12 986
-
pensions
3 603
-
5 367
-
unemployment
801
-
1 192
-
national
882
-
4 693
-
total
14 429
-
25 039
-
Employer
53 385
-
79 500
-
accident
54
-
79
-
unemployment
347
-
516
-
pensions
9 262
-
13 793
-
health
410
-
612
-
total
10 073
-
15 000
-
Corporate
31 043
94 500
-
-
income
6 208
18 899
-
-
total
6 208
18 899
-
-
Dividends

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

18 626
56 700
-
-
national
-
2 028
-
-
municipal
3 352
10 205
-
-
total
3 352
12 233
-
-
Income
94 500
94 500
94 500
94 500
Total tax
34 062
31 132
40 039
26 615
After tax
60 438
63 368
54 461
67 885
Living cost
38 957
38 957
38 957
38 957
Free-cash
21 481
24 411
15 504
28 928

Estimated living cost  is ₽38957 per week

₽25446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽620
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45719
₽40196
₽44496
₽44400
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
9 360
health
-
-
-
2 409
social contributions
-
-
-
14 742
total
-
-
-
26 511
Employee
78 025
78 025
85 793
-
social contributions
2 950
6 476
7 121
-
health
605
1 327
1 458
-
income
8 496
7 223
9 320
-
total
12 051
15 026
17 899
-
Employer
78 025
78 025
85 793
-
social contributions
2 950
6 476
7 121
-
health
657
1 444
1 587
-
total
3 607
7 920
8 708
-
Corporate
55 351
8 556
-
-
income
6 919
1 069
-
-
total
6 919
1 069
-
-
Dividends
48 432
7 487
-
-
withholding
8 234
1 273
-
-
total
8 234
1 273
-
-
Income
94 500
94 500
94 500
94 500
Total tax
30 811
25 288
26 607
26 511
After tax
63 689
69 212
67 893
67 989
Living cost
23 493
23 493
23 493
23 493
Free-cash
40 196
45 719
44 400
44 496

Estimated living cost  is ₽23493 per week

₽14080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2305
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62146
₽56984
₽59316
₽42202
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
94 500
income
-
-
-
8 919
pensions
-
-
-
6 454
unemployment
-
-
-
29
health
-
-
-
3 672
total
-
-
-
19 074
Employee

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

23 291
-
85 677
-
health
1 979
-
7 282
-
income
1 592
-
6 805
-
pensions
3 493
-
12 851
-
unemployment
116
-
427
-
total
7 180
-
27 365
-
Employer

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

23 291
-
85 677
-
unemployment
116
-
427
-
pensions
1 280
-
4 712
-
health
1 001
-
3 684
-
total
2 397
-
8 823
-
Corporate
68 812
94 500
-
-
income
6 193
8 505
-
-
total
6 193
8 505
-
-
Dividends
62 620
85 995
-
-
withholding
5 636
7 739
-
-
total
5 636
7 739
-
-
Income
94 500
94 500
94 500
94 500
Total tax
21 406
16 244
36 188
19 074
After tax
73 094
78 256
58 312
75 426
Living cost
16 110
16 110
16 110
16 110
Free-cash
56 984
62 146
42 202
59 316

Estimated living cost  is ₽16110 per week

₽10279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
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.
₽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

Source of data for Podgorica model

Close
Valencia , Spain
₽35784
₽30463
₽22029
₽22605
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
847
income
-
-
-
16 353
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 568
Employee
37 519
-
71 657
-
other
37
-
71
-
income
7 233
-
16 599
-
pensions
1 764
-
3 368
-
unemployment
582
-
1 111
-
total
9 616
-
21 149
-
Employer
37 519
-
71 657
-
accident
743
-
1 419
-
other
300
-
572
-
unemployment
2 064
-
3 942
-
pensions
8 854
-
16 910
-
total
11 961
-
22 843
-
Corporate
45 020
94 500
-
-
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.

6 753
14 176
-
-
total
6 753
14 176
-
-
Dividends
38 267
80 324
-
-
withholding
7 804
16 637
-
-
total
7 804
16 637
-
-
Income
94 500
94 500
94 500
94 500
Total tax
36 134
30 813
43 992
44 568
After tax
58 366
63 687
50 508
49 932
Living cost
27 903
27 903
27 903
27 903
Free-cash
30 463
35 784
22 605
22 029

Estimated living cost  is ₽27903 per week

₽18834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56181
₽55724
₽57001
₽56803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
31 205
pensions
-
-
-
2 033
health
-
-
-
1 474
total
-
-
-
34 712
Employee
4 245
-
92 213
-
health
212
-
508
-
income
821
-
31 098
-
pensions
382
-
915
-
unemployment
42
-
102
-
total
1 457
-
32 623
-
Employer
4 245
-
92 213
-
unemployment
85
-
203
-
pensions
467
-
1 118
-
health
403
-
966
-
total
955
-
2 287
-
Corporate
89 299
94 500
-
-
income
19 646
20 790
-
-
total
19 646
20 790
-
-
Dividends
69 654
73 710
-
-
withholding
13 931
14 742
-
-
total
13 931
14 742
-
-
Income
94 500
94 500
94 500
94 500
Total tax
35 989
35 532
34 910
34 712
After tax
58 511
58 968
59 590
59 788
Living cost
2 787
2 787
2 787
2 787
Free-cash
55 724
56 181
56 803
57 001

Estimated living cost  is ₽2787 per week

₽1656
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽226
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50721
₽45727
₽31591
₽31589
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
income
-
-
-
16 997
pensions
-
-
-
19 505
unemployment
-
-
-
1 125
health
-
-
-
7 727
total
-
-
-
45 354
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.

26 472
-
81 071
-
health
1 363
-
3 864
-
income
3 649
-
16 997
-
pensions
3 706
-
10 503
-
unemployment
199
-
563
-
total
8 917
-
31 927
-
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.

26 472
-
81 071
-
unemployment
199
-
563
-
pensions
3 177
-
9 002
-
health
1 363
-
3 864
-
total
4 739
-
13 429
-
Corporate
63 290
94 500
-
-
income
9 493
14 175
-
-
total
9 493
14 175
-
-
Dividends
53 796
80 325
-
-
withholding
8 069
12 049
-
-
total
8 069
12 049
-
-
Income
94 500
94 500
94 500
94 500
Total tax
31 218
26 224
45 356
45 354
After tax
63 282
68 276
49 144
49 146
Living cost
17 555
17 555
17 555
17 555
Free-cash
45 727
50 721
31 589
31 591

Estimated living cost  is ₽17555 per week

₽11820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26396
₽26032
₽25761
₽21256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
income
-
-
-
8 546
surtax
-
-
-
-
social contributions

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

-
-
-
32 838
total
-
-
-
41 384
Employee
39 382
-
76 363
-
social contributions
4 333
-
8 399
-
surtax
-
-
-
-
income
7 695
-
19 353
-
total
12 028
-
27 752
-
Employer
39 382
-
76 363
-
social contributions
9 352
-
18 137
-
total
9 352
-
18 137
-
Corporate
45 765
94 500
-
-
surtax
-
-
-
-
income
9 610
19 845
-
-
total
9 610
19 845
-
-
Dividends
36 155
74 655
-
-
withholding
10 123
20 904
-
-
total
10 123
20 904
-
-
Income
94 500
94 500
94 500
94 500
Total tax
41 113
40 749
45 889
41 384
After tax
53 387
53 751
48 611
53 116
Living cost
27 355
27 355
27 355
27 355
Free-cash
26 032
26 396
21 256
25 761

Estimated living cost  is ₽27355 per week

₽19375
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1901
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28026
₽20288
₽14271
₽14847
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
847
income
-
-
-
16 353
pensions
-
-
-
26 615
other
-
-
-
94
unemployment
-
-
-
659
total
-
-
-
44 568
Employee
49 005
-
71 657
-
other
48
-
71
-
income
10 235
-
16 599
-
pensions
2 303
-
3 368
-
unemployment
759
-
1 111
-
total
13 345
-
21 149
-
Employer
49 005
-
71 657
-
accident
970
-
1 419
-
other
393
-
572
-
unemployment
2 696
-
3 942
-
pensions
11 565
-
16 910
-
total
15 624
-
22 843
-
Corporate
29 871
94 500
-
-
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.

4 481
14 176
-
-
total
4 481
14 176
-
-
Dividends
25 391
80 324
-
-
withholding
5 101
16 637
-
-
total
5 101
16 637
-
-
Income
94 500
94 500
94 500
94 500
Total tax
38 551
30 813
43 992
44 568
After tax
55 949
63 687
50 508
49 932
Living cost
35 661
35 661
35 661
35 661
Free-cash
20 288
28 026
14 847
14 271

Estimated living cost  is ₽35661 per week

₽25610
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63331
₽57142
₽53388
₽56186
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
14 175
pensions

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

-
-
-
5 249
unemployment
-
-
-
142
health
-
-
-
4 079
total
-
-
-
23 645
Employee
23 129
-
87 542
-
health
1 064
-
1 631
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 313
-
8 754
-
pensions

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

2 030
-
3 114
-
total
5 661
-
13 889
-
Employer
23 129
-
87 542
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 549
-
3 908
-
health
1 596
-
2 447
-
total
4 538
-
6 958
-
Corporate
66 834
94 500
-
-
income
6 684
9 450
-
-
total
6 684
9 450
-
-
Dividends
60 150
85 050
-
-
withholding
3 008
4 252
-
-
total
3 008
4 252
-
-
Income
94 500
94 500
94 500
94 500
Total tax
19 891
13 702
20 847
23 645
After tax
74 609
80 798
73 653
70 855
Living cost
17 467
17 467
17 467
17 467
Free-cash
57 142
63 331
56 186
53 388

Estimated living cost  is ₽17467 per week

₽11552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1000
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9597
₽22869
₽22118
₽28909
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
trade
-
-
-
6 791
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.

-
-
-
18 468
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.

-
-
-
6 932
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.

-
-
-
1 017
total
-
-
-
33 208
Employee

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

50 487
-
94 500
-
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.

6 932
-
6 932
-
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.

229
-
1 017
-
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.

4 152
-
18 468
-
total
11 313
-
26 417
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 013
94 500
-
-
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.

364
780
-
-
income
6 603
14 176
-
-
trade
6 316
13 562
-
-
chamber of commerce
220
293
-
-
total
13 503
28 811
-
-
Dividends
30 511
65 690
-
-
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.

399
882
-
-
withholding
7 242
16 036
-
-
total
7 641
16 918
-
-
Income
94 500
94 500
94 500
94 500
Total tax
32 457
45 729
26 417
33 208
After tax
62 043
48 771
68 083
61 292
Living cost
39 174
39 174
39 174
39 174
Free-cash
22 869
9 597
28 909
22 118

Estimated living cost  is ₽39174 per week

₽27023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4215
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8349
₽10589
₽7413
₽7413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
21 029
social contributions
-
-
-
8 257
total
-
-
-
29 286
Employee
79 371
-
94 500
-
income
14 977
-
21 029
-
social contributions
6 594
-
8 257
-
total
21 571
-
29 286
-
Employer
79 371
-
94 500
-
total
-
-
-
-
Corporate
15 129
94 500
-
-
income
1 891
11 813
-
-
total
1 891
11 813
-
-
Dividends
13 238
82 687
-
-
withholding
2 648
16 537
-
-
total
2 648
16 537
-
-
Income
94 500
94 500
94 500
94 500
Total tax
26 110
28 350
29 286
29 286
After tax
68 390
66 150
65 214
65 214
Living cost
57 801
57 801
57 801
57 801
Free-cash
10 589
8 349
7 413
7 413

Estimated living cost  is ₽57801 per week

₽43974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19231
₽23917
₽21973
₽32461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
income
-
-
-
28 883
health

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

-
-
-
6 811
total
-
-
-
35 694
Employee
46 548
-
89 832
-
income
5 051
-
15 870
-
social contributions
4 664
-
4 668
-
total
9 715
-
20 538
-
Employer
46 548
-
89 832
-
social contributions
4 664
-
4 668
-
total
4 664
-
4 668
-
Corporate
43 289
94 500
-
-
income
15 150
33 075
-
-
total
15 150
33 075
-
-
Dividends
28 138
61 425
-
-
social contributions
4 221
5 361
-
-
total
4 221
5 361
-
-
Income
94 500
94 500
94 500
94 500
Total tax
33 750
38 436
25 206
35 694
After tax
60 750
56 064
69 294
58 806
Living cost
36 833
36 833
36 833
36 833
Free-cash
23 917
19 231
32 461
21 973

Estimated living cost  is ₽36833 per week

₽24262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2904
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9102
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32772
₽26992
₽31504
₽21413
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
income
-
-
-
18 169
pensions
-
-
-
6 794
total
-
-
-
24 963
Employee
52 206
-
83 347
-
health
681
-
1 319
-
income
9 507
-
14 861
-
pensions
3 985
-
7 721
-
total
14 173
-
23 901
-
Employer
52 206
-
83 347
-
pensions
5 274
-
9 570
-
health
992
-
1 583
-
total
6 266
-
11 153
-
Corporate
36 027
94 500
-
-
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.

6 846
17 954
-
-
total
6 846
17 954
-
-
Dividends
29 181
76 546
-
-
withholding
2 190
5 741
-
-
total
2 190
5 741
-
-
Income
94 500
94 500
94 500
94 500
Total tax
29 475
23 695
35 054
24 963
After tax
65 025
70 805
59 446
69 537
Living cost
38 033
38 033
38 033
38 033
Free-cash
26 992
32 772
21 413
31 504

Estimated living cost  is ₽38033 per week

₽26091
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16280
₽3984
₽40963
₽24497
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
accident
-
-
-
254
income
-
-
-
22 604
pensions
-
-
-
4 181
other
-
-
-
372
health
-
-
-
2 191
total
-
-
-
29 602
Employee
37 650
-
80 129
-
health
4 311
-
9 175
-
income
5 165
-
14 856
-
pensions
4 239
-
7 666
-
total
13 715
-
31 697
-
Employer
37 650
-
80 129
-
accident
629
-
1 338
-
unemployment
922
-
1 963
-
pensions
6 122
-
11 070
-
total
7 673
-
14 371
-
Corporate
49 177
94 500
-
-
income

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

44 259
85 050
-
-
total
44 259
85 050
-
-
Dividends
4 918
9 450
-
-
withholding
934
1 795
-
-
total
934
1 795
-
-
Income
94 500
94 500
94 500
94 500
Total tax
66 581
86 845
46 068
29 602
After tax
27 919
7 655
48 432
64 898
Living cost
23 935
23 935
23 935
23 935
Free-cash
3 984
-16 280
24 497
40 963

Estimated living cost  is ₽23935 per week

₽17565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1395
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.
₽4492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65817
₽61685
₽40500
₽44176
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
94 500
work injury
-
-
-
473
health insurance
-
-
-
6 993
income
-
-
-
14 307
pensions
-
-
-
17 388
unemployment
-
-
-
1 134
total
-
-
-
40 295
Employee

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

21 928
-
94 500
-
work injury
110
-
406
-
income
2 193
-
14 307
-
pensions
4 035
-
14 928
-
health insurance
1 623
-
6 004
-
unemployment
263
-
974
-
total
8 224
-
36 619
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
72 572
94 500
-
-
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%.

-
945
-
-
total
-
945
-
-
Dividends
72 572
93 555
-
-
withholding
10 886
14 033
-
-
total
10 886
14 033
-
-
Income
94 500
94 500
94 500
94 500
Total tax
19 110
14 978
36 619
40 295
After tax
75 390
79 522
57 881
54 205
Living cost
13 705
13 705
13 705
13 705
Free-cash
61 685
65 817
44 176
40 500

Estimated living cost  is ₽13705 per week

₽8490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽996
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9354
₽4738
₽7730
₽3405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
94 500
municipal
-
-
-
632
regional
-
-
-
1 822
national
-
-
-
19 587
social contributions
-
-
-
24 306
total
-
-
-
46 347
Employee
85 504
-
94 500
-
social contributions
28 831
-
31 866
-
regional
1 291
-
1 526
-
municipal
510
-
564
-
national
14 449
-
16 716
-
total
45 081
-
50 672
-
Employer
85 504
-
94 500
-
total
-
-
-
-
Corporate
8 996
94 500
-
-
nationa
2 159
22 679
-
-
municipal
433
4 554
-
-
total
2 592
27 233
-
-
Dividends
6 404
67 267
-
-
withholding
1 666
17 490
-
-
total
1 666
17 490
-
-
Income
94 500
94 500
94 500
94 500
Total tax
49 339
44 723
50 672
46 347
After tax
45 161
49 777
43 828
48 153
Living cost
40 423
40 423
40 423
40 423
Free-cash
4 738
9 354
3 405
7 730

Estimated living cost  is ₽40423 per week

₽28394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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