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
₽ 95500
per

Your estimated
City
free-cash

Dresden , Germany
₽37898
₽30307
₽17484
₽28738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income

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

-
-
-
18 796
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.

-
-
-
6 952
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.

-
-
-
1 033
trade
-
-
-
7 591
total
-
-
-
34 372
Employee

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

38 920
-
95 500
-
income

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

1 087
-
18 796
-
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
-
1 033
-
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.

6 952
-
6 952
-
total
8 099
-
26 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 580
95 500
-
-
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.

467
788
-
-
income
8 487
14 324
-
-
chamber of commerce
236
292
-
-
trade
8 912
15 041
-
-
total
18 102
30 445
-
-
Dividends
38 479
65 056
-
-
withholding
9 232
15 877
-
-
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.

508
873
-
-
total
9 740
16 750
-
-
Income
95 500
95 500
95 500
95 500
Total tax
35 941
47 195
26 781
34 372
After tax
59 559
48 305
68 719
61 128
Living cost
30 821
30 821
30 821
30 821
Free-cash
28 738
17 484
37 898
30 307

Estimated living cost  is ₽30821 per week

₽19387
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3851
₽3101
₽4630
₽2567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
1 027
national
-
-
-
15 164
pensions
-
-
-
11 460
municipal
-
-
-
9 786
total
-
-
-
37 437
Employee
85 201
-
82 559
-
municipal
10 524
-
10 155
-
national
16 307
-
15 737
-
pensions
3 408
-
3 302
-
total
30 239
-
29 194
-
Employer
85 201
-
82 559
-
pensions
6 816
-
6 605
-
social contributions
916
-
888
-
total
7 732
-
7 493
-
Corporate
-
95 500
-
-
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%.

-
19 100
-
-
total
-
19 100
-
-
Dividends
-
76 400
-
-
withholding
-
16 808
-
-
total
-
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 971
35 908
36 687
37 437
After tax
57 529
59 592
58 813
58 063
Living cost
54 962
54 962
54 962
54 962
Free-cash
2 567
4 630
3 851
3 101

Estimated living cost  is ₽54962 per week

₽37357
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5109
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽823
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32730
₽29882
₽55230
₽46883
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
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.

-
-
-
30 703
income
-
-
-
13 745
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
44 448
Employee
29 734
-
76 960
-
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.

3 271
-
8 466
-
income
5 293
-
14 594
-
surtax
-
-
-
-
total
8 564
-
23 060
-
Employer
29 734
-
76 960
-
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.

7 162
-
18 540
-
total
7 162
-
18 540
-
Corporate
58 604
95 500
-
-
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%.

11 721
19 100
-
-
total
11 721
19 100
-
-
Dividends

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

46 883
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
27 447
19 100
41 600
44 448
After tax
68 053
76 400
53 900
51 052
Living cost
21 170
21 170
21 170
21 170
Free-cash
46 883
55 230
32 730
29 882

Estimated living cost  is ₽21170 per week

₽13506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2016
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5545
₽11616
₽167
-₽5545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 500
health
-
-
-
11 835
pensions
-
-
-
11 922
total
-
-
-
41 257
Employee
86 896
86 896
86 896
-
income

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

14 223
14 223
14 223
-
health
13 338
11 345
13 338
-
pensions
15 641
11 922
15 641
-
total
43 202
37 490
43 202
-
Employer
86 896
86 896
86 896
-
unemployment
3 128
3 128
3 128
-
pensions
6 048
6 048
6 048
-
health
6 040
6 040
6 040
-
total
15 216
15 216
15 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
58 418
52 706
58 418
41 257
After tax
37 082
42 794
37 082
54 243
Living cost
42 627
42 627
42 627
42 627
Free-cash
-5 545
167
-5 545
11 616

Estimated living cost  is ₽42627 per week

₽30209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽678
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9975
₽7718
₽11119
₽10197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
180
national
-
-
-
-
health
-
-
-
5 610
unemployment
-
-
-
90
other
-
-
-
10 448
pensions
-
-
-
9 719
municipal
-
-
-
20 711
total
-
-
-
46 758
Employee
58 456
-
72 668
-
municipal
17 432
-
21 670
-
national
-
-
-
-
total
17 432
-
21 670
-
Employer
58 456
-
72 668
-
other
6 793
-
8 444
-
unemployment
1 543
-
1 918
-
pensions
6 319
-
7 855
-
health
3 595
-
4 469
-
accident
117
-
145
-
total
18 367
-
22 831
-
Corporate
18 677
95 500
-
-
income
4 109
21 010
-
-
total
4 109
21 010
-
-
Dividends
14 568
74 490
-
-
withholding
4 371
22 347
-
-
total
4 371
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 279
43 357
44 501
46 758
After tax
51 221
52 143
50 999
48 742
Living cost
41 024
41 024
41 024
41 024
Free-cash
10 197
11 119
9 975
7 718

Estimated living cost  is ₽41024 per week

₽27189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4026
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28745
₽20818
₽7841
₽22137
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income

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

-
-
-
18 796
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.

-
-
-
6 952
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.

-
-
-
1 033
trade
-
-
-
7 927
total
-
-
-
34 708
Employee

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

51 603
-
95 500
-
income

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

4 434
-
18 796
-
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
-
1 033
-
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.

6 952
-
6 952
-
total
11 629
-
26 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 897
95 500
-
-
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.

363
788
-
-
income
6 585
14 324
-
-
chamber of commerce
216
290
-
-
trade
7 222
15 709
-
-
total
14 386
31 111
-
-
Dividends
29 511
64 389
-
-
withholding
6 990
15 711
-
-
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.

384
863
-
-
total
7 374
16 574
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 389
47 685
26 781
34 708
After tax
62 111
47 815
68 719
60 792
Living cost
39 974
39 974
39 974
39 974
Free-cash
22 137
7 841
28 745
20 818

Estimated living cost  is ₽39974 per week

₽26735
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.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35499
₽35596
₽36937
₽32717
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 898
income
-
-
-
9 566
health
-
-
-
2 435
total
-
-
-
26 899
Employee
78 246
78 246
86 698
-
social contributions
3 802
6 494
7 197
-
income
8 216
7 243
9 524
-
health
778
1 330
1 473
-
total
12 796
15 067
18 194
-
Employer
78 246
78 246
86 698
-
health
848
1 448
1 605
-
social contributions
3 802
6 494
7 197
-
total
4 650
7 942
8 802
-
Corporate
45 049
9 312
-
-
income
5 631
1 164
-
-
total
5 631
1 164
-
-
Dividends
39 418
8 148
-
-
withholding
6 701
1 385
-
-
total
6 701
1 385
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 778
25 558
26 996
26 899
After tax
65 722
69 942
68 504
68 601
Living cost
33 005
33 005
33 005
33 005
Free-cash
32 717
36 937
35 499
35 596

Estimated living cost  is ₽33005 per week

₽22562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35379
₽46176
₽33872
₽34287
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
11 675
health
-
-
-
6 685
unemployment
-
-
-
1 432
pensions
-
-
-
9 550
total
-
-
-
29 342
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.

28 844
11 479
79 916
-
income
3 526
1 403
9 770
-
health
2 019
804
5 594
-
pensions
2 884
1 148
7 992
-
unemployment
433
172
1 199
-
total
8 862
3 527
24 555
-
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.

28 844
11 479
79 916
-
pensions
5 625
2 238
15 584
-
total
5 625
2 238
15 584
-
Corporate
61 032
81 782
-
-
income
5 493
7 360
-
-
total
5 493
7 360
-
-
Dividends
55 539
74 422
-
-
withholding
10 552
14 140
-
-
social contributions
10 699
14 381
-
-
total
21 251
28 521
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 231
41 646
40 139
29 342
After tax
54 269
53 854
55 361
66 158
Living cost
19 982
19 982
19 982
19 982
Free-cash
34 287
33 872
35 379
46 176

Estimated living cost  is ₽19982 per week

₽13636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4312
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30469
₽26611
₽51822
₽45499
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 797
health
-
-
-
12 414
pensions
-
-
-
19 100
total
-
-
-
44 311
Employee
28 867
-
71 374
-
income
3 250
-
13 760
-
pensions
577
-
1 427
-
unemployment
462
-
1 141
-
total
4 289
-
16 328
-
Employer
28 867
-
71 374
-
unemployment
232
-
572
-
pensions
5 774
-
14 274
-
health
3 752
-
9 279
-
total
9 758
-
24 125
-
Corporate
56 876
95 500
-
-
income
11 376
19 100
-
-
total
11 376
19 100
-
-
Dividends
45 500
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
25 423
19 100
40 453
44 311
After tax
70 077
76 400
55 047
51 189
Living cost
24 578
24 578
24 578
24 578
Free-cash
45 499
51 822
30 469
26 611

Estimated living cost  is ₽24578 per week

₽16858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1464
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26583
₽43228
-₽14622
₽4305
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
257
income
-
-
-
22 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
29 915
Employee
35 168
-
80 968
-
income
4 825
-
15 004
-
health
4 027
-
9 271
-
pensions
3 960
-
7 753
-
total
12 812
-
32 028
-
Employer
35 168
-
80 968
-
unemployment
862
-
1 984
-
pensions
5 719
-
11 196
-
accident
587
-
1 352
-
total
7 168
-
14 532
-
Corporate
53 165
95 500
-
-
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.

47 848
85 950
-
-
total
47 848
85 950
-
-
Dividends
5 316
9 550
-
-
withholding
1 010
1 815
-
-
total
1 010
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 838
87 765
46 560
29 915
After tax
26 662
7 735
48 940
65 585
Living cost
22 357
22 357
22 357
22 357
Free-cash
4 305
-14 622
26 583
43 228

Estimated living cost  is ₽22357 per week

₽16385
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67716
₽85861
₽82041
₽80413
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
95 500
microenterprise

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

-
-
-
955
total
-
-
-
955
Employee
10 854
-
95 500
-
income
2 171
-
19 100
-
total
2 171
-
19 100
-
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%.

84 646
95 500
-
-
total
-
-
-
-
Dividends
84 646
95 500
-
-
withholding
4 232
4 775
-
-
total
4 232
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 403
4 775
19 100
955
After tax
89 097
90 725
76 400
94 545
Living cost
8 684
8 684
8 684
8 684
Free-cash
80 413
82 041
67 716
85 861

Estimated living cost  is ₽8684 per week

₽5382
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽239
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2342
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28863
₽24598
₽43049
₽36176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 131
health
-
-
-
4 202
other
-
-
-
4 536
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.

-
-
-
22 919
total
-
-
-
43 788
Employee
36 947
-
76 279
-
income
6 361
-
13 131
-
health
518
-
1 068
-
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.

2 586
-
5 339
-
unemployment
369
-
763
-
total
9 834
-
20 301
-
Employer
36 947
-
76 279
-
other
1 848
-
3 814
-
unemployment
369
-
763
-
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.

6 282
-
12 967
-
health
518
-
1 068
-
accident
295
-
610
-
total
9 312
-
19 222
-
Corporate
49 242
95 500
-
-
income
10 341
20 056
-
-
total
10 341
20 056
-
-
Dividends
38 901
75 444
-
-
withholding
2 723
5 281
-
-
total
2 723
5 281
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 210
25 337
39 523
43 788
After tax
63 290
70 163
55 977
51 712
Living cost
27 114
27 114
27 114
27 114
Free-cash
36 176
43 049
28 863
24 598

Estimated living cost  is ₽27114 per week

₽19158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5689
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽8305
₽1707
₽3214
-₽14441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 566
pensions
-
-
-
6 888
total
-
-
-
25 454
Employee
96 690
-
84 205
-
income
17 429
-
15 008
-
health
1 593
-
1 337
-
pensions
9 328
-
7 829
-
total
28 350
-
24 174
-
Employer
96 690
-
84 205
-
pensions
11 416
-
9 692
-
health
1 836
-
1 600
-
total
13 252
-
11 292
-
Corporate
-
95 500
-
-
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.

-
18 145
-
-
total
-
18 145
-
-
Dividends
-
77 355
-
-
withholding
-
5 802
-
-
total
-
5 802
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 602
23 947
35 466
25 454
After tax
53 898
71 553
60 034
70 046
Living cost
68 339
68 339
68 339
68 339
Free-cash
-14 441
3 214
-8 305
1 707

Estimated living cost  is ₽68339 per week

₽51208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8547
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽61366
₽58510
₽68408
₽63716
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 325
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
23 746
Employee
17 536
-
88 578
-
income
1 753
-
8 858
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
health
807
-
1 623
-
pensions

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

1 540
-
3 098
-
total
4 293
-
13 967
-
Employer
17 536
-
88 578
-
unemployment
105
-
212
-
pensions

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

1 933
-
3 888
-
health
1 210
-
2 435
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
total
3 441
-
6 923
-
Corporate
74 523
95 500
-
-
income
7 452
9 550
-
-
total
7 452
9 550
-
-
Dividends
67 070
85 950
-
-
withholding
3 354
4 298
-
-
total
3 354
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 540
13 848
20 890
23 746
After tax
76 960
81 652
74 610
71 754
Living cost
13 244
13 244
13 244
13 244
Free-cash
63 716
68 408
61 366
58 510

Estimated living cost  is ₽13244 per week

₽7732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽946
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽19343
-₽2182
-₽13631
-₽15358
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 500
health
-
-
-
11 835
pensions
-
-
-
11 922
total
-
-
-
41 257
Employee
94 341
86 896
86 896
-
income

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

14 223
14 223
14 223
-
health
11 770
11 345
13 338
-
pensions
11 922
11 922
15 641
-
total
37 915
37 490
43 202
-
Employer
94 341
86 896
86 896
-
unemployment
3 397
3 128
3 128
-
pensions
6 565
6 048
6 048
-
health
6 556
6 040
6 040
-
total
16 518
15 216
15 216
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
54 433
52 706
58 418
41 257
After tax
41 067
42 794
37 082
54 243
Living cost
56 425
56 425
56 425
56 425
Free-cash
-15 358
-13 631
-19 343
-2 182

Estimated living cost  is ₽56425 per week

₽41623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5040
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23047
₽21096
₽40335
₽31267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
27 886
income
-
-
-
8 208
health
-
-
-
12 893
solidarity contribution
-
-
-
-
total
-
-
-
48 987
Employee
37 378
-
71 269
-
social contributions
2 430
-
4 632
-
income
4 485
-
8 552
-
health
5 046
-
9 621
-
solidarity contribution
-
-
-
-
total
11 961
-
22 805
-
Employer
37 378
-
71 269
-
health
3 364
-
6 414
-
social contributions
9 344
-
17 817
-
total
12 708
-
24 231
-
Corporate
45 414
95 500
-
-
income
8 629
18 145
-
-
total
8 629
18 145
-
-
Dividends
36 785
77 355
-
-
withholding
5 518
11 603
-
-
total
5 518
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 816
29 748
47 036
48 987
After tax
56 684
65 752
48 464
46 513
Living cost
25 417
25 417
25 417
25 417
Free-cash
31 267
40 335
23 047
21 096

Estimated living cost  is ₽25417 per week

₽17655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1995
₽6539
₽8017
₽2702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
national
-
-
-
19 851
regional
-
-
-
1 043
municipal
-
-
-
568
total
-
-
-
46 024
Employee
90 435
-
95 500
-
social contributions
30 495
-
32 204
-
municipal
479
-
506
-
regional
853
-
911
-
national
15 670
-
16 947
-
total
47 497
-
50 568
-
Employer
90 435
-
95 500
-
total
-
-
-
-
Corporate
5 065
95 500
-
-
nationa
1 217
22 919
-
-
municipal
197
3 725
-
-
total
1 414
26 644
-
-
Dividends
3 652
68 856
-
-
withholding
950
17 902
-
-
total
950
17 902
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 861
44 546
50 568
46 024
After tax
45 639
50 954
44 932
49 476
Living cost
42 937
42 937
42 937
42 937
Free-cash
2 702
8 017
1 995
6 539

Estimated living cost  is ₽42937 per week

₽29931
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25479
₽27318
₽37614
₽34450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 565
health
-
-
-
6 780
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
19 100
surtax
-
-
-
2 051
total
-
-
-
45 728
Employee
33 650
-
78 893
-
income
5 640
-
16 358
-
surtax
110
-
1 838
-
health
859
-
2 010
-
pensions
2 244
-
5 262
-
unemployment
2 342
-
5 492
-
other
-
-
-
-
total
11 195
-
30 960
-
Employer
33 650
-
78 893
-
other
-
-
-
-
unemployment
1 066
-
2 501
-
pensions
4 486
-
10 516
-
health
1 531
-
3 590
-
total
7 083
-
16 607
-
Corporate
54 767
95 500
-
-
income
14 239
24 831
-
-
total
14 239
24 831
-
-
Dividends
40 528
70 669
-
-
withholding
6 079
10 601
-
-
total
6 079
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 596
35 432
47 567
45 728
After tax
56 904
60 068
47 933
49 772
Living cost
22 454
22 454
22 454
22 454
Free-cash
34 450
37 614
25 479
27 318

Estimated living cost  is ₽22454 per week

₽13730
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2072
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13346
₽23358
₽24865
₽16823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 566
pensions
-
-
-
6 888
total
-
-
-
25 454
Employee
64 799
-
84 205
-
income
11 671
-
15 008
-
health
941
-
1 337
-
pensions
5 500
-
7 829
-
total
18 112
-
24 174
-
Employer
64 799
-
84 205
-
pensions
7 015
-
9 692
-
health
1 231
-
1 600
-
total
8 246
-
11 292
-
Corporate
22 456
95 500
-
-
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.

4 267
18 145
-
-
total
4 267
18 145
-
-
Dividends
18 189
77 355
-
-
withholding
1 364
5 802
-
-
total
1 364
5 802
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 989
23 947
35 466
25 454
After tax
63 511
71 553
60 034
70 046
Living cost
46 688
46 688
46 688
46 688
Free-cash
16 823
24 865
13 346
23 358

Estimated living cost  is ₽46688 per week

₽34978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3499
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽4725
₽181
-₽36170
-₽6834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
city
-
-
-
1 007
health
-
-
-
260
national
-
-
-
444
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.

-
-
-
1 909
pensions
-
-
-
8 787
regional
-
-
-
3 072
total
-
-
-
15 479
Employee
93 434
-
85 475
-
regional
3 059
-
2 629
-
health
211
-
193
-
national
442
-
379
-
pensions
7 850
-
7 181
-
unemployment
-
-
-
-
city
1 003
-
919
-
total
12 565
-
11 301
-
Employer
93 434
-
85 475
-
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.

1 868
-
1 710
-
unemployment
-
-
-
-
pensions
7 850
-
7 181
-
health
211
-
193
-
total
9 929
-
9 084
-
Corporate
-
95 500
-
-
regional
-
20 198
-
-
national
-
8 118
-
-
total
-
28 316
-
-
Dividends
-
67 183
-
-
withholding
-
23 514
-
-
total
-
23 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
22 494
51 830
20 385
15 479
After tax
73 006
43 670
75 115
80 021
Living cost
79 840
79 840
79 840
79 840
Free-cash
-6 834
-36 170
-4 725
181

Estimated living cost  is ₽79840 per week

₽51919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7165
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽980
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19776
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽22104
₽13839
₽706
₽17207
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income

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

-
-
-
18 796
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.

-
-
-
6 952
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.

-
-
-
1 033
trade
-
-
-
8 265
total
-
-
-
35 046
Employee

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

61 154
-
95 500
-
income

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

7 191
-
18 796
-
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.

396
-
1 033
-
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.

6 952
-
6 952
-
total
14 539
-
26 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 346
95 500
-
-
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.

284
788
-
-
income
5 152
14 324
-
-
chamber of commerce
203
290
-
-
trade
5 890
16 379
-
-
total
11 529
31 781
-
-
Dividends
22 818
63 719
-
-
withholding
5 318
15 543
-
-
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.

292
855
-
-
total
5 610
16 398
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 678
48 179
26 781
35 046
After tax
63 822
47 321
68 719
60 454
Living cost
46 615
46 615
46 615
46 615
Free-cash
17 207
706
22 104
13 839

Estimated living cost  is ₽46615 per week

₽34046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19753
₽20359
₽13316
₽19331
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
2 721
income
-
-
-
8 210
health
-
-
-
1 423
other
-
-
-
2 962
pensions
-
-
-
25 011
surtax
-
-
-
-
total
-
-
-
40 327
Employee
43 550
-
72 774
-
social contributions
1 242
-
2 074
-
income
2 570
-
7 903
-
surtax
-
-
-
-
pensions
4 924
-
8 230
-
total
8 736
-
18 207
-
Employer
43 550
-
72 774
-
other
1 502
-
2 510
-
unemployment
1 763
-
2 947
-
pensions
7 154
-
11 957
-
health
3 049
-
5 094
-
social contributions
131
-
218
-
total
13 599
-
22 726
-
Corporate
38 350
95 500
-
-
surtax
-
-
-
-
income
10 738
26 741
-
-
total
10 738
26 741
-
-
Dividends
27 611
68 759
-
-
withholding
3 534
8 802
-
-
surtax
-
-
-
-
social contributions
4 748
11 827
-
-
total
8 282
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 355
47 370
40 933
40 327
After tax
54 145
48 130
54 567
55 173
Living cost
34 814
34 814
34 814
34 814
Free-cash
19 331
13 316
19 753
20 359

Estimated living cost  is ₽34814 per week

₽21952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2831
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.
₽9441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23202
₽23808
₽16765
₽22421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
2 721
income
-
-
-
8 210
health
-
-
-
1 423
other
-
-
-
2 962
pensions
-
-
-
25 011
surtax
-
-
-
-
total
-
-
-
40 327
Employee
38 875
-
72 774
-
social contributions
1 108
-
2 074
-
income
2 004
-
7 903
-
surtax
-
-
-
-
pensions
4 397
-
8 230
-
total
7 509
-
18 207
-
Employer
38 875
-
72 774
-
other
1 342
-
2 510
-
unemployment
1 574
-
2 947
-
pensions
6 388
-
11 957
-
health
2 721
-
5 094
-
social contributions
116
-
218
-
total
12 141
-
22 726
-
Corporate
44 485
95 500
-
-
surtax
-
-
-
-
income
12 455
26 741
-
-
total
12 455
26 741
-
-
Dividends
32 030
68 759
-
-
withholding
4 100
8 802
-
-
surtax
-
-
-
-
social contributions
5 509
11 827
-
-
total
9 609
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 714
47 370
40 933
40 327
After tax
53 786
48 130
54 567
55 173
Living cost
31 365
31 365
31 365
31 365
Free-cash
22 421
16 765
23 202
23 808

Estimated living cost  is ₽31365 per week

₽18190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3186
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.
₽9394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40244
₽39754
₽36687
₽37218
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
13 179
income
-
-
-
14 324
health
-
-
-
6 666
total
-
-
-
34 169
Employee
34 501
-
95 500
-
social contributions
4 762
-
13 179
-
income
5 754
-
13 834
-
health
2 408
-
6 666
-
total
12 924
-
33 679
-
Employer
34 501
-
95 500
-
total
-
-
-
-
Corporate
60 999
95 500
-
-
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%.

3 049
4 775
-
-
total
3 049
4 775
-
-
Dividends
57 950
90 725
-
-
health
4 045
6 332
-
-
withholding
8 691
13 608
-
-
social contributions
7 996
12 521
-
-
total
20 732
32 461
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 705
37 236
33 679
34 169
After tax
58 795
58 264
61 821
61 331
Living cost
21 577
21 577
21 577
21 577
Free-cash
37 218
36 687
40 244
39 754

Estimated living cost  is ₽21577 per week

₽14440
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1330
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6076
₽13013
₽17783
₽16209
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 836
health
-
-
-
7 305
unemployment
-
-
-
6 241
pensions
-
-
-
17 667
surtax
-
-
-
201
chamber of commerce
-
-
-
382
total
-
-
-
46 632
Employee
50 853
40 551
74 000
-
income
5 789
2 991
13 285
-
health
1 968
1 570
2 864
-
pensions
5 208
4 152
7 577
-
unemployment
1 526
1 217
2 221
-
other
508
406
740
-
total
14 999
10 336
26 687
-
Employer
50 853
40 551
74 000
-
other
2 416
1 925
3 516
-
surtax
201
201
201
-
unemployment
1 526
1 217
2 221
-
pensions
6 382
5 090
9 286
-
payroll
1 526
1 217
2 221
-
health
1 921
1 533
2 798
-
accident
660
527
962
-
chamber of commerce
203
162
295
-
total
14 835
11 872
21 500
-
Corporate
29 813
43 077
70 138
-
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.

7 454
10 769
17 534
-
total
7 454
10 769
17 534
-
Dividends
22 359
32 308
-
-
withholding
6 148
8 885
-
-
total
6 148
8 885
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 436
41 862
65 721
46 632
After tax
52 064
53 638
29 779
48 868
Living cost
35 855
35 855
35 855
35 855
Free-cash
16 209
17 783
-6 076
13 013

Estimated living cost  is ₽35855 per week

₽23914
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3059
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽500
₽8516
₽16481
₽1214
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 560
national
-
-
-
30 466
communal

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

-
-
-
4 856
total
-
-
-
49 882
Employee

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

72 787
-
73 967
-
communal

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

3 796
-
3 858
-
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.

3 420
-
3 478
-
national
22 378
-
22 839
-
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.

5 459
-
5 548
-
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.

633
-
643
-
total
35 686
-
36 366
-
Employer

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

72 787
-
73 967
-
surtax
8 253
-
8 388
-
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.

1 062
-
1 079
-
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.

6 450
-
6 554
-
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.

4 476
-
4 549
-
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.

946
-
962
-
total
21 187
-
21 532
-
Corporate
1 526
95 500
-
-
surtax
6
382
-
-
income
305
19 100
-
-
total
311
19 482
-
-
Dividends
1 215
76 018
-
-
withholding

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

-
22 435
-
-
total
-
22 435
-
-
Income
95 500
95 500
95 500
95 500
Total tax
57 184
41 917
57 898
49 882
After tax
38 316
53 583
37 602
45 618
Living cost
37 102
37 102
37 102
37 102
Free-cash
1 214
16 481
500
8 516

Estimated living cost  is ₽37102 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14271
₽13838
₽27613
₽19506
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
850
income
-
-
-
16 619
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
44 914
Employee
50 652
-
72 413
-
income
10 687
-
16 803
-
pensions
2 381
-
3 402
-
unemployment
786
-
1 122
-
other
50
-
71
-
total
13 904
-
21 398
-
Employer
50 652
-
72 413
-
other
404
-
579
-
unemployment
2 786
-
3 982
-
pensions
11 953
-
17 089
-
accident
1 002
-
1 433
-
total
16 145
-
23 083
-
Corporate
28 703
95 500
-
-
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.

4 306
14 324
-
-
total
4 306
14 324
-
-
Dividends
24 397
81 176
-
-
withholding
4 891
16 815
-
-
total
4 891
16 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
39 246
31 139
44 481
44 914
After tax
56 254
64 361
51 019
50 586
Living cost
36 748
36 748
36 748
36 748
Free-cash
19 506
27 613
14 271
13 838

Estimated living cost  is ₽36748 per week

₽27061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6550
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4579
₽110
₽3340
-₽3284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
805
income
-
-
-
7 491
health
-
-
-
6 710
communal
-
-
-
6 036
pensions
-
-
-
14 315
surtax
-
-
-
4 735
total
-
-
-
40 092
Employee
77 059
-
85 306
-
income
7 443
-
9 584
-
surtax
4 723
-
5 227
-
health
3 429
-
3 794
-
pensions
6 164
-
6 824
-
total
21 759
-
25 429
-
Employer
77 059
-
85 306
-
pensions
6 164
-
6 824
-
health
2 350
-
2 601
-
accident
693
-
769
-
total
9 207
-
10 194
-
Corporate
9 234
95 500
-
-
surtax
97
1 002
-
-
income
1 385
14 324
-
-
communal
-
6 446
-
-
total
1 482
21 772
-
-
Dividends
7 753
73 728
-
-
withholding
1 162
11 059
-
-
income
9 876
4 031
-
-
total
11 038
15 090
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 486
36 862
35 623
40 092
After tax
52 014
58 638
59 877
55 408
Living cost
55 298
55 298
55 298
55 298
Free-cash
-3 284
3 340
4 579
110

Estimated living cost  is ₽55298 per week

₽41482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25077
₽26916
₽37212
₽33977
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 565
health
-
-
-
6 780
unemployment
-
-
-
232
other
-
-
-
-
pensions
-
-
-
19 100
surtax
-
-
-
2 051
total
-
-
-
45 728
Employee
34 268
-
78 893
-
income
5 745
-
16 358
-
surtax
122
-
1 838
-
health
875
-
2 010
-
pensions
2 286
-
5 262
-
unemployment
2 385
-
5 492
-
other
-
-
-
-
total
11 413
-
30 960
-
Employer
34 268
-
78 893
-
other
-
-
-
-
unemployment
1 087
-
2 501
-
pensions
4 569
-
10 516
-
health
1 558
-
3 590
-
total
7 214
-
16 607
-
Corporate
54 018
95 500
-
-
income
14 044
24 831
-
-
total
14 044
24 831
-
-
Dividends
39 974
70 669
-
-
withholding
5 996
10 601
-
-
total
5 996
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 667
35 432
47 567
45 728
After tax
56 833
60 068
47 933
49 772
Living cost
22 856
22 856
22 856
22 856
Free-cash
33 977
37 212
25 077
26 916

Estimated living cost  is ₽22856 per week

₽13799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1987
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.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17147
₽21669
₽22786
₽20527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
national
-
-
-
19 851
regional
-
-
-
1 439
municipal
-
-
-
568
total
-
-
-
46 420
Employee
56 446
-
95 500
-
social contributions
19 034
-
32 204
-
municipal
299
-
506
-
regional
760
-
1 285
-
national
8 943
-
16 947
-
total
29 036
-
50 942
-
Employer
56 446
-
95 500
-
total
-
-
-
-
Corporate
39 054
95 500
-
-
nationa
9 373
22 919
-
-
municipal
1 941
4 746
-
-
total
11 314
27 665
-
-
Dividends
27 741
67 834
-
-
withholding
7 212
17 638
-
-
total
7 212
17 638
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 562
45 303
50 942
46 420
After tax
47 938
50 197
44 558
49 080
Living cost
27 411
27 411
27 411
27 411
Free-cash
20 527
22 786
17 147
21 669

Estimated living cost  is ₽27411 per week

₽17047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17144
₽15193
₽34432
₽23259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
27 886
income
-
-
-
8 208
health
-
-
-
12 893
solidarity contribution
-
-
-
-
total
-
-
-
48 987
Employee
46 059
-
71 269
-
social contributions
2 994
-
4 632
-
income
5 527
-
8 552
-
health
6 218
-
9 621
-
solidarity contribution
-
-
-
-
total
14 739
-
22 805
-
Employer
46 059
-
71 269
-
health
4 145
-
6 414
-
social contributions
11 515
-
17 817
-
total
15 660
-
24 231
-
Corporate
33 781
95 500
-
-
income
6 418
18 145
-
-
total
6 418
18 145
-
-
Dividends
27 362
77 355
-
-
withholding
4 104
11 603
-
-
total
4 104
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 921
29 748
47 036
48 987
After tax
54 579
65 752
48 464
46 513
Living cost
31 320
31 320
31 320
31 320
Free-cash
23 259
34 432
17 144
15 193

Estimated living cost  is ₽31320 per week

₽23292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2652
₽16605
₽21285
₽20782
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 836
health
-
-
-
7 305
unemployment
-
-
-
6 241
pensions
-
-
-
17 667
surtax
-
-
-
-
chamber of commerce
-
-
-
382
total
-
-
-
46 431
Employee
44 481
40 551
74 157
-
income
3 962
2 991
13 341
-
health
1 721
1 570
2 869
-
pensions
4 555
4 152
7 593
-
unemployment
1 334
1 217
2 225
-
other
444
406
742
-
total
12 016
10 336
26 770
-
Employer
44 481
40 551
74 157
-
other
2 113
1 925
3 522
-
surtax
-
-
-
-
unemployment
1 334
1 217
2 225
-
pensions
5 583
5 090
9 307
-
payroll
1 334
1 217
2 225
-
health
1 682
1 533
2 804
-
accident
577
527
964
-
chamber of commerce
178
162
297
-
total
12 801
11 671
21 344
-
Corporate
38 219
43 278
70 294
-
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.

9 555
10 819
17 574
-
total
9 555
10 819
17 574
-
Dividends
28 664
32 458
-
-
withholding
7 882
8 925
-
-
total
7 882
8 925
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 254
41 751
65 688
46 431
After tax
53 246
53 749
29 812
49 069
Living cost
32 464
32 464
32 464
32 464
Free-cash
20 782
21 285
-2 652
16 605

Estimated living cost  is ₽32464 per week

₽19474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3316
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽62868
₽81013
₽77193
₽74656
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
95 500
microenterprise

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

-
-
-
955
total
-
-
-
955
Employee
16 915
-
95 500
-
income
3 383
-
19 100
-
total
3 383
-
19 100
-
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%.

78 585
95 500
-
-
total
-
-
-
-
Dividends
78 585
95 500
-
-
withholding
3 929
4 775
-
-
total
3 929
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
7 312
4 775
19 100
955
After tax
88 188
90 725
76 400
94 545
Living cost
13 532
13 532
13 532
13 532
Free-cash
74 656
77 193
62 868
81 013

Estimated living cost  is ₽13532 per week

₽9157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19653
₽22391
₽38458
₽29946
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income
-
-
-
18 836
health
-
-
-
9 396
unemployment
-
-
-
143
pensions
-
-
-
17 441
total
-
-
-
45 816
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.

44 997
-
82 634
-
income
7 760
-
17 425
-
health
2 906
-
5 339
-
pensions
6 975
-
12 808
-
unemployment
64
-
116
-
total
17 705
-
35 688
-
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.

44 997
-
82 634
-
unemployment
27
-
50
-
pensions
3 982
-
7 313
-
health
2 997
-
5 503
-
total
7 006
-
12 866
-
Corporate
43 497
95 500
-
-
income
8 265
18 146
-
-
total
8 265
18 146
-
-
Dividends
35 233
77 354
-
-
withholding
5 285
11 603
-
-
total
5 285
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 261
29 749
48 554
45 816
After tax
57 239
65 751
46 946
49 684
Living cost
27 293
27 293
27 293
27 293
Free-cash
29 946
38 458
19 653
22 391

Estimated living cost  is ₽27293 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32807
₽17953
₽10057
-₽70525
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
10 887
income
-
-
-
18 615
total
-
-
-
29 502
Employee
68 890
-
-
-
social contributions
5 649
-
805
-
income
15 196
-
-
-
total
20 845
-
805
-
Employer
68 890
-
-
-
social contributions
97 135
-
13 843
-
total
97 135
-
13 843
-
Corporate
-
95 500
-
-
income
-
21 010
-
-
total
-
21 010
-
-
Dividends
-
74 490
-
-
income
-
16 388
-
-
total
-
16 388
-
-
Income
95 500
95 500
95 500
95 500
Total tax
117 980
37 398
14 648
29 502
After tax
-22 480
58 102
80 852
65 998
Living cost
48 045
48 045
48 045
48 045
Free-cash
-70 525
10 057
32 807
17 953

Estimated living cost  is ₽48045 per week

₽31174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4519
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17163
₽21741
₽22401
₽21377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
social contributions

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

-
-
-
33 186
income
-
-
-
8 655
surtax
-
-
-
-
total
-
-
-
41 841
Employee
46 800
-
77 171
-
social contributions
5 148
-
8 489
-
income
9 735
-
19 603
-
surtax
-
-
-
-
total
14 883
-
28 092
-
Employer
46 800
-
77 171
-
social contributions
11 115
-
18 327
-
total
11 115
-
18 327
-
Corporate
37 585
95 500
-
-
surtax
-
-
-
-
income
7 892
20 056
-
-
total
7 892
20 056
-
-
Dividends
29 693
75 444
-
-
withholding
8 315
21 125
-
-
total
8 315
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 205
41 181
46 419
41 841
After tax
53 295
54 319
49 081
53 659
Living cost
31 918
31 918
31 918
31 918
Free-cash
21 377
22 401
17 163
21 741

Estimated living cost  is ₽31918 per week

₽23881
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5621
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5420
₽6026
-₽1017
₽5980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
2 721
income
-
-
-
8 210
health
-
-
-
1 423
other
-
-
-
2 962
pensions
-
-
-
25 011
surtax
-
-
-
-
total
-
-
-
40 327
Employee
63 732
-
72 774
-
social contributions
1 815
-
2 074
-
income
5 561
-
7 903
-
surtax
-
-
-
-
pensions
7 208
-
8 230
-
total
14 584
-
18 207
-
Employer
63 732
-
72 774
-
other
2 199
-
2 510
-
unemployment
2 582
-
2 947
-
pensions
10 472
-
11 957
-
health
4 461
-
5 094
-
social contributions
191
-
218
-
total
19 905
-
22 726
-
Corporate
11 863
95 500
-
-
surtax
-
-
-
-
income
3 321
26 741
-
-
total
3 321
26 741
-
-
Dividends
8 542
68 759
-
-
withholding
1 093
8 802
-
-
surtax
-
-
-
-
social contributions
1 470
11 827
-
-
total
2 563
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 373
47 370
40 933
40 327
After tax
55 127
48 130
54 567
55 173
Living cost
49 147
49 147
49 147
49 147
Free-cash
5 980
-1 017
5 420
6 026

Estimated living cost  is ₽49147 per week

₽33262
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4020
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽674
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45170
₽42494
₽55362
₽51944
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
1 408
social contributions
-
-
-
21 011
total
-
-
-
22 419
Employee
32 714
-
82 684
-
social contributions
2 126
-
5 376
-
income
-
-
1 551
-
total
2 126
-
6 927
-
Employer
32 714
-
82 684
-
social contributions
5 071
-
12 816
-
total
5 071
-
12 816
-
Corporate
57 716
95 500
-
-
income
5 772
9 551
-
-
total
5 772
9 551
-
-
Dividends
51 944
85 949
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 969
9 551
19 743
22 419
After tax
82 531
85 949
75 757
73 081
Living cost
30 587
30 587
30 587
30 587
Free-cash
51 944
55 362
45 170
42 494

Estimated living cost  is ₽30587 per week

₽19777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7929
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽125787
₽10684
-₽125787
-₽125787
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
national
-
-
-
10 036
pensions
-
-
-
880
labour market
-
-
-
7 569
municipal
-
-
-
17 417
total
-
-
-
35 902
Employee
206 455
206 455
206 455
-
municipal
43 963
43 963
43 963
-
national
25 222
25 222
25 222
-
pensions
293
293
293
-
labour market
16 493
16 493
16 493
-
total
85 971
85 971
85 971
-
Employer
206 455
206 455
206 455
-
national
25 266
25 266
25 266
-
pensions
587
587
587
-
labour market
16 516
16 516
16 516
-
municipal
44 033
44 033
44 033
-
total
86 402
86 402
86 402
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
172 373
172 373
172 373
35 902
After tax
-76 873
-76 873
-76 873
59 598
Living cost
48 914
48 914
48 914
48 914
Free-cash
-125 787
-125 787
-125 787
10 684

Estimated living cost  is ₽48914 per week

₽33477
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4327
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.
₽10357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26913
₽43558
-₽14292
₽4355
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
257
income
-
-
-
22 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
29 915
Employee
34 650
-
80 968
-
income
4 754
-
15 004
-
health
3 968
-
9 271
-
pensions
3 902
-
7 753
-
total
12 624
-
32 028
-
Employer
34 650
-
80 968
-
unemployment
849
-
1 984
-
pensions
5 634
-
11 196
-
accident
579
-
1 352
-
total
7 062
-
14 532
-
Corporate
53 789
95 500
-
-
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.

48 410
85 950
-
-
total
48 410
85 950
-
-
Dividends
5 379
9 550
-
-
withholding
1 022
1 815
-
-
total
1 022
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 118
87 765
46 560
29 915
After tax
26 382
7 735
48 940
65 585
Living cost
22 027
22 027
22 027
22 027
Free-cash
4 355
-14 292
26 913
43 558

Estimated living cost  is ₽22027 per week

₽16033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15913
₽29449
₽24908
₽22050
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
95 500
national
-
-
-
8 936
health
-
-
-
1 047
municipal
-
-
-
17 001
total
-
-
-
26 984
Employee
53 536
-
80 340
-
municipal
8 769
-
13 121
-
health
400
-
813
-
national
884
-
4 801
-
pensions
3 613
-
5 422
-
unemployment
803
-
1 205
-
total
14 469
-
25 362
-
Employer
53 536
-
80 340
-
unemployment
348
-
521
-
pensions
9 288
-
13 938
-
health
411
-
618
-
accident
54
-
81
-
total
10 101
-
15 158
-
Corporate
31 863
95 500
-
-
income
6 372
19 100
-
-
total
6 372
19 100
-
-
Dividends

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

19 118
57 300
-
-
municipal
3 441
10 314
-
-
national
-
2 111
-
-
total
3 441
12 425
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 383
31 525
40 520
26 984
After tax
61 117
63 975
54 980
68 516
Living cost
39 067
39 067
39 067
39 067
Free-cash
22 050
24 908
15 913
29 449

Estimated living cost  is ₽39067 per week

₽25518
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽622
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9170
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44945
₽45042
₽46383
₽40845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 898
income
-
-
-
9 566
health
-
-
-
2 435
total
-
-
-
26 899
Employee
78 246
78 246
86 698
-
social contributions
2 958
6 494
7 197
-
income
8 520
7 243
9 524
-
health
606
1 330
1 473
-
total
12 084
15 067
18 194
-
Employer
78 246
78 246
86 698
-
health
658
1 448
1 605
-
social contributions
2 958
6 494
7 197
-
total
3 616
7 942
8 802
-
Corporate
56 240
9 312
-
-
income
7 031
1 164
-
-
total
7 031
1 164
-
-
Dividends
49 209
8 148
-
-
withholding
8 365
1 385
-
-
total
8 365
1 385
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 096
25 558
26 996
26 899
After tax
64 404
69 942
68 504
68 601
Living cost
23 559
23 559
23 559
23 559
Free-cash
40 845
46 383
44 945
45 042

Estimated living cost  is ₽23559 per week

₽14120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6608
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42768
₽60134
₽62928
₽57751
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
95 500
income
-
-
-
9 026
health
-
-
-
3 682
unemployment
-
-
-
29
pensions
-
-
-
6 473
total
-
-
-
19 210
Employee

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

23 357
-
86 583
-
income
1 597
-
6 878
-
health
1 985
-
7 359
-
pensions
3 503
-
12 988
-
unemployment
116
-
433
-
total
7 201
-
27 658
-
Employer

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

23 357
-
86 583
-
unemployment
116
-
433
-
pensions
1 284
-
4 762
-
health
1 004
-
3 723
-
total
2 404
-
8 918
-
Corporate
69 739
95 500
-
-
income
6 276
8 595
-
-
total
6 276
8 595
-
-
Dividends
63 464
86 905
-
-
withholding
5 712
7 821
-
-
total
5 712
7 821
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 593
16 416
36 576
19 210
After tax
73 907
79 084
58 924
76 290
Living cost
16 156
16 156
16 156
16 156
Free-cash
57 751
62 928
42 768
60 134

Estimated living cost  is ₽16156 per week

₽10308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1164
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4202
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23037
₽22604
₽36379
₽31040
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
850
income
-
-
-
16 619
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
44 914
Employee
37 625
-
72 413
-
income
7 254
-
16 803
-
pensions
1 769
-
3 402
-
unemployment
583
-
1 122
-
other
37
-
71
-
total
9 643
-
21 398
-
Employer
37 625
-
72 413
-
other
301
-
579
-
unemployment
2 070
-
3 982
-
pensions
8 879
-
17 089
-
accident
745
-
1 433
-
total
11 995
-
23 083
-
Corporate
45 879
95 500
-
-
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.

6 882
14 324
-
-
total
6 882
14 324
-
-
Dividends
38 997
81 176
-
-
withholding
7 958
16 815
-
-
total
7 958
16 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 478
31 139
44 481
44 914
After tax
59 022
64 361
51 019
50 586
Living cost
27 982
27 982
27 982
27 982
Free-cash
31 040
36 379
23 037
22 604

Estimated living cost  is ₽27982 per week

₽18887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59227
₽59348
₽57874
₽57591
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
32 272
health
-
-
-
909
pensions
-
-
-
1 253
total
-
-
-
34 434
Employee
2 617
-
94 090
-
income
506
-
32 206
-
health
131
-
313
-
pensions
236
-
564
-
unemployment
26
-
63
-
total
899
-
33 146
-
Employer
2 617
-
94 090
-
unemployment
52
-
125
-
pensions
288
-
689
-
health
249
-
595
-
total
589
-
1 409
-
Corporate
92 294
95 500
-
-
income
20 305
21 010
-
-
total
20 305
21 010
-
-
Dividends
71 989
74 490
-
-
withholding
14 398
14 898
-
-
total
14 398
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 191
35 908
34 555
34 434
After tax
59 309
59 592
60 945
61 066
Living cost
1 718
1 718
1 718
1 718
Free-cash
57 591
57 874
59 227
59 348

Estimated living cost  is ₽1718 per week

₽1021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽39
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32220
₽32219
₽51431
₽46432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income
-
-
-
17 335
health
-
-
-
7 733
unemployment
-
-
-
1 126
pensions
-
-
-
19 519
total
-
-
-
45 713
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.

26 491
-
82 062
-
income
3 652
-
17 335
-
health
1 364
-
3 866
-
pensions
3 709
-
10 510
-
unemployment
199
-
563
-
total
8 924
-
32 274
-
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.

26 491
-
82 062
-
unemployment
199
-
563
-
pensions
3 179
-
9 009
-
health
1 364
-
3 866
-
total
4 742
-
13 438
-
Corporate
64 267
95 500
-
-
income
9 640
14 325
-
-
total
9 640
14 325
-
-
Dividends
54 627
81 175
-
-
withholding
8 194
12 176
-
-
total
8 194
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 500
26 501
45 712
45 713
After tax
64 000
68 999
49 788
49 787
Living cost
17 568
17 568
17 568
17 568
Free-cash
46 432
51 431
32 220
32 219

Estimated living cost  is ₽17568 per week

₽11828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1359
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.
₽3872
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21648
₽26226
₽26886
₽26520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
social contributions

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

-
-
-
33 186
income
-
-
-
8 655
surtax
-
-
-
-
total
-
-
-
41 841
Employee
39 494
-
77 171
-
social contributions
4 345
-
8 489
-
income
7 717
-
19 603
-
surtax
-
-
-
-
total
12 062
-
28 092
-
Employer
39 494
-
77 171
-
social contributions
9 379
-
18 327
-
total
9 379
-
18 327
-
Corporate
46 627
95 500
-
-
surtax
-
-
-
-
income
9 792
20 056
-
-
total
9 792
20 056
-
-
Dividends
36 835
75 444
-
-
withholding
10 314
21 125
-
-
total
10 314
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 547
41 181
46 419
41 841
After tax
53 953
54 319
49 081
53 659
Living cost
27 433
27 433
27 433
27 433
Free-cash
26 520
26 886
21 648
26 226

Estimated living cost  is ₽27433 per week

₽19430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15257
₽14824
₽28599
₽20837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
850
income
-
-
-
16 619
unemployment
-
-
-
660
other
-
-
-
95
pensions
-
-
-
26 690
total
-
-
-
44 914
Employee
49 144
-
72 413
-
income
10 264
-
16 803
-
pensions
2 309
-
3 402
-
unemployment
761
-
1 122
-
other
48
-
71
-
total
13 382
-
21 398
-
Employer
49 144
-
72 413
-
other
394
-
579
-
unemployment
2 703
-
3 982
-
pensions
11 598
-
17 089
-
accident
973
-
1 433
-
total
15 668
-
23 083
-
Corporate
30 688
95 500
-
-
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.

4 604
14 324
-
-
total
4 604
14 324
-
-
Dividends
26 085
81 176
-
-
withholding
5 247
16 815
-
-
total
5 247
16 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 901
31 139
44 481
44 914
After tax
56 599
64 361
51 019
50 586
Living cost
35 762
35 762
35 762
35 762
Free-cash
20 837
28 599
15 257
14 824

Estimated living cost  is ₽35762 per week

₽25682
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.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57234
₽54378
₽64276
₽58121
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 325
health
-
-
-
4 058
unemployment
-
-
-
141
pensions

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

-
-
-
5 222
total
-
-
-
23 746
Employee
23 008
-
88 578
-
income
2 301
-
8 858
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
health
1 058
-
1 623
-
pensions

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

2 020
-
3 098
-
total
5 632
-
13 967
-
Employer
23 008
-
88 578
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 888
-
health
1 588
-
2 435
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
total
4 514
-
6 923
-
Corporate
67 977
95 500
-
-
income
6 798
9 550
-
-
total
6 798
9 550
-
-
Dividends
61 180
85 950
-
-
withholding
3 059
4 298
-
-
total
3 059
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
20 003
13 848
20 890
23 746
After tax
75 497
81 652
74 610
71 754
Living cost
17 376
17 376
17 376
17 376
Free-cash
58 121
64 276
57 234
54 378

Estimated living cost  is ₽17376 per week

₽11492
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29434
₽22519
₽10001
₽23312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income

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

-
-
-
18 796
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.

-
-
-
6 952
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.

-
-
-
1 033
trade
-
-
-
6 915
total
-
-
-
33 696
Employee

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

50 630
-
95 500
-
income

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

4 163
-
18 796
-
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.

230
-
1 033
-
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.

6 952
-
6 952
-
total
11 345
-
26 781
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 870
95 500
-
-
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.

371
788
-
-
income
6 730
14 324
-
-
chamber of commerce
220
295
-
-
trade
6 438
13 704
-
-
total
13 759
29 111
-
-
Dividends
31 112
66 388
-
-
withholding
7 392
16 211
-
-
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.

407
892
-
-
total
7 799
17 103
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 903
46 214
26 781
33 696
After tax
62 597
49 286
68 719
61 804
Living cost
39 285
39 285
39 285
39 285
Free-cash
23 312
10 001
29 434
22 519

Estimated living cost  is ₽39285 per week

₽27100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7793
₽7793
₽8884
₽11131
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
21 380
social contributions
-
-
-
8 362
total
-
-
-
29 742
Employee
79 596
-
95 500
-
social contributions
6 613
-
8 362
-
income
15 019
-
21 380
-
total
21 632
-
29 742
-
Employer
79 596
-
95 500
-
total
-
-
-
-
Corporate
15 904
95 500
-
-
income
1 989
11 938
-
-
total
1 989
11 938
-
-
Dividends
13 915
83 562
-
-
withholding
2 783
16 713
-
-
total
2 783
16 713
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 404
28 651
29 742
29 742
After tax
69 096
66 849
65 758
65 758
Living cost
57 965
57 965
57 965
57 965
Free-cash
11 131
8 884
7 793
7 793

Estimated living cost  is ₽57965 per week

₽44099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽33101
₽23342
₽19760
₽24389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
income
-
-
-
28 965
health

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

-
-
-
6 255
total
-
-
-
35 220
Employee
46 680
-
90 819
-
social contributions
4 677
-
4 681
-
income
5 065
-
16 099
-
total
9 742
-
20 780
-
Employer
46 680
-
90 819
-
social contributions
4 677
-
4 681
-
total
4 677
-
4 681
-
Corporate
44 143
95 500
-
-
income
15 450
33 426
-
-
total
15 450
33 426
-
-
Dividends
28 693
62 074
-
-
social contributions
4 304
5 376
-
-
total
4 304
5 376
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 173
38 802
25 461
35 220
After tax
61 327
56 698
70 039
60 280
Living cost
36 938
36 938
36 938
36 938
Free-cash
24 389
19 760
33 101
23 342

Estimated living cost  is ₽36938 per week

₽24331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽566
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22079
₽32091
₽33598
₽27833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 566
pensions
-
-
-
6 888
total
-
-
-
25 454
Employee
52 099
-
84 205
-
income
9 488
-
15 008
-
health
680
-
1 337
-
pensions
3 976
-
7 829
-
total
14 144
-
24 174
-
Employer
52 099
-
84 205
-
pensions
5 264
-
9 692
-
health
990
-
1 600
-
total
6 254
-
11 292
-
Corporate
37 147
95 500
-
-
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.

7 057
18 145
-
-
total
7 057
18 145
-
-
Dividends
30 090
77 355
-
-
withholding
2 257
5 802
-
-
total
2 257
5 802
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 712
23 947
35 466
25 454
After tax
65 788
71 553
60 034
70 046
Living cost
37 955
37 955
37 955
37 955
Free-cash
27 833
33 598
22 079
32 091

Estimated living cost  is ₽37955 per week

₽26037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3490
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7951
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽24732
₽41377
-₽16473
₽4022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
257
income
-
-
-
22 837
health
-
-
-
2 216
other
-
-
-
377
pensions
-
-
-
4 228
total
-
-
-
29 915
Employee
38 080
-
80 968
-
income
5 224
-
15 004
-
health
4 360
-
9 271
-
pensions
4 288
-
7 753
-
total
13 872
-
32 028
-
Employer
38 080
-
80 968
-
unemployment
933
-
1 984
-
pensions
6 191
-
11 196
-
accident
636
-
1 352
-
total
7 760
-
14 532
-
Corporate
49 660
95 500
-
-
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.

44 694
85 950
-
-
total
44 694
85 950
-
-
Dividends
4 966
9 550
-
-
withholding
944
1 815
-
-
total
944
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
67 270
87 765
46 560
29 915
After tax
28 230
7 735
48 940
65 585
Living cost
24 208
24 208
24 208
24 208
Free-cash
4 022
-16 473
24 732
41 377

Estimated living cost  is ₽24208 per week

₽17766
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4544
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44857
₽41000
₽66600
₽62457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
95 500
health insurance
-
-
-
7 067
income
-
-
-
14 475
work injury
-
-
-
477
unemployment
-
-
-
1 146
pensions
-
-
-
17 572
total
-
-
-
40 737
Employee

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

22 021
-
95 500
-
work injury
110
-
407
-
income
2 202
-
14 475
-
health insurance
1 630
-
6 029
-
pensions
4 052
-
14 991
-
unemployment
264
-
978
-
total
8 258
-
36 880
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 479
95 500
-
-
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%.

-
955
-
-
total
-
955
-
-
Dividends
73 479
94 545
-
-
withholding
11 022
14 182
-
-
total
11 022
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 280
15 137
36 880
40 737
After tax
76 220
80 363
58 620
54 763
Living cost
13 763
13 763
13 763
13 763
Free-cash
62 457
66 600
44 857
41 000

Estimated living cost  is ₽13763 per week

₽8527
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.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3693
₽8062
₽9765
₽5139
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
national
-
-
-
19 851
regional
-
-
-
1 849
municipal
-
-
-
639
total
-
-
-
46 901
Employee
85 746
-
95 500
-
social contributions
28 913
-
32 204
-
municipal
512
-
570
-
regional
1 295
-
1 549
-
national
14 490
-
16 947
-
total
45 210
-
51 270
-
Employer
85 746
-
95 500
-
total
-
-
-
-
Corporate
9 754
95 500
-
-
nationa
2 340
22 919
-
-
municipal
469
4 604
-
-
total
2 809
27 523
-
-
Dividends
6 944
67 977
-
-
withholding
1 805
17 675
-
-
total
1 805
17 675
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 824
45 198
51 270
46 901
After tax
45 676
50 302
44 230
48 599
Living cost
40 537
40 537
40 537
40 537
Free-cash
5 139
9 765
3 693
8 062

Estimated living cost  is ₽40537 per week

₽28475
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2788
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽612
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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