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
₽18129
₽38307
₽30559
₽29145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 164
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.

-
-
-
1 055
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.

-
-
-
6 805
trade
-
-
-
7 748
total
-
-
-
34 772
Employee

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

38 096
-
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.

59
-
1 055
-
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.

1 064
-
19 164
-
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.

6 805
-
6 805
-
total
7 928
-
27 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
57 404
95 500
-
-
income
8 610
14 325
-
-
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.

474
788
-
-
chamber of commerce
234
289
-
-
trade
9 041
15 042
-
-
total
18 359
30 444
-
-
Dividends
39 045
65 055
-
-
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.

516
873
-
-
withholding
9 383
15 885
-
-
total
9 899
16 758
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 186
47 202
27 024
34 772
After tax
59 314
48 298
68 476
60 728
Living cost
30 169
30 169
30 169
30 169
Free-cash
29 145
18 129
38 307
30 559

Estimated living cost  is ₽30169 per week

₽18977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3518
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6854
₽5935
₽5186
₽5977
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 840
national
-
-
-
15 249
pensions
-
-
-
11 460
total
-
-
-
37 576
Employee
81 754
-
82 559
-
municipal
10 098
-
10 210
-
pensions
3 270
-
3 302
-
national
15 648
-
15 822
-
total
29 016
-
29 334
-
Employer
81 754
-
82 559
-
pensions
6 540
-
6 605
-
social contributions
879
-
888
-
total
7 419
-
7 493
-
Corporate
931
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%.

186
19 100
-
-
total
186
19 100
-
-
Dividends
745
76 400
-
-
withholding
164
16 808
-
-
total
164
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 785
35 908
36 827
37 576
After tax
58 715
59 592
58 673
57 924
Living cost
52 738
52 738
52 738
52 738
Free-cash
5 977
6 854
5 935
5 186

Estimated living cost  is ₽52738 per week

₽35846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽789
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55678
₽33153
₽30305
₽47506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
13 769
surtax
-
-
-
-
social contributions

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

-
-
-
30 704
microenterprise
-
-
-
-
total
-
-
-
44 473
Employee
29 104
-
76 959
-
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.

3 202
-
8 466
-
income
5 181
-
14 620
-
total
8 383
-
23 086
-
Employer
29 104
-
76 959
-
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.

7 011
-
18 539
-
surtax
-
-
-
-
total
7 011
-
18 539
-
Corporate
59 385
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%.

11 878
19 100
-
-
total
11 878
19 100
-
-
Dividends

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

47 507
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
27 272
19 100
41 625
44 473
After tax
68 228
76 400
53 875
51 027
Living cost
20 722
20 722
20 722
20 722
Free-cash
47 506
55 678
33 153
30 305

Estimated living cost  is ₽20722 per week

₽13220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1973
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5058
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2184
-₽3406
₽12504
-₽3406
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 901
health
-
-
-
11 700
pensions
-
-
-
11 670
total
-
-
-
41 271
Employee
85 057
85 057
85 057
-
pensions
15 310
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
13 055
11 105
13 055
-
total
42 287
36 697
42 287
-
Employer
85 057
85 057
85 057
-
health
5 912
5 912
5 912
-
pensions
5 920
5 920
5 920
-
unemployment
3 062
3 062
3 062
-
total
14 894
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
57 181
51 591
57 181
41 271
After tax
38 319
43 909
38 319
54 229
Living cost
41 725
41 725
41 725
41 725
Free-cash
-3 406
2 184
-3 406
12 504

Estimated living cost  is ₽41725 per week

₽29570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽663
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11150
₽10007
₽7762
₽10231
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
10 440
unemployment
-
-
-
90
health
-
-
-
5 606
municipal
-
-
-
20 717
national
-
-
-
-
pensions
-
-
-
9 712
total
-
-
-
46 745
Employee
58 411
-
72 668
-
municipal
17 418
-
21 669
-
national
-
-
-
-
total
17 418
-
21 669
-
Employer
58 411
-
72 668
-
health
3 592
-
4 469
-
pensions
6 314
-
7 855
-
accident
117
-
145
-
unemployment
1 542
-
1 918
-
other
6 787
-
8 444
-
total
18 352
-
22 831
-
Corporate
18 736
95 500
-
-
income
4 122
21 010
-
-
total
4 122
21 010
-
-
Dividends
14 614
74 490
-
-
withholding
4 384
22 347
-
-
total
4 384
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 276
43 357
44 500
46 745
After tax
51 224
52 143
51 000
48 755
Living cost
40 993
40 993
40 993
40 993
Free-cash
10 231
11 150
10 007
7 762

Estimated living cost  is ₽40993 per week

₽27168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4023
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.
₽9179
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8680
₽29348
₽21256
₽22677
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 164
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.

-
-
-
1 055
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.

-
-
-
6 805
trade
-
-
-
8 092
total
-
-
-
35 116
Employee

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

50 511
-
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.

238
-
1 055
-
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.

4 340
-
19 164
-
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.

6 805
-
6 805
-
total
11 383
-
27 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 989
95 500
-
-
income
6 748
14 325
-
-
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.

370
788
-
-
chamber of commerce
215
287
-
-
trade
7 400
15 709
-
-
total
14 733
31 109
-
-
Dividends
30 256
64 390
-
-
surtax

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

395
864
-
-
withholding
7 184
15 719
-
-
total
7 579
16 583
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 695
47 692
27 024
35 116
After tax
61 805
47 808
68 476
60 384
Living cost
39 128
39 128
39 128
39 128
Free-cash
22 677
8 680
29 348
21 256

Estimated living cost  is ₽39128 per week

₽26169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8249
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37623
₽35904
₽36002
₽33491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 859
social contributions
-
-
-
14 898
health
-
-
-
2 435
total
-
-
-
27 192
Employee
76 590
76 590
86 699
-
social contributions
3 722
6 357
7 196
-
income
8 043
7 090
9 819
-
health
762
1 302
1 474
-
total
12 527
14 749
18 489
-
Employer
76 590
76 590
86 699
-
health
830
1 418
1 605
-
social contributions
3 722
6 357
7 196
-
total
4 552
7 775
8 801
-
Corporate
46 116
11 136
-
-
income
5 765
1 391
-
-
total
5 765
1 391
-
-
Dividends
40 351
9 745
-
-
withholding
6 859
1 656
-
-
total
6 859
1 656
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 703
25 571
27 290
27 192
After tax
65 797
69 929
68 210
68 308
Living cost
32 306
32 306
32 306
32 306
Free-cash
33 491
37 623
35 904
36 002

Estimated living cost  is ₽32306 per week

₽22085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2523
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.
₽7156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35587
₽37130
₽47926
₽35965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 433
health
-
-
-
6 685
pensions
-
-
-
9 550
total
-
-
-
29 343
Employee

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

The minimum wage is 138,000 HUF per month.

26 317
10 474
79 916
-
unemployment
395
157
1 199
-
pensions
2 632
1 047
7 992
-
income
3 217
1 280
9 770
-
health
1 842
733
5 594
-
total
8 086
3 217
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.

26 317
10 474
79 916
-
pensions
5 132
2 042
15 584
-
total
5 132
2 042
15 584
-
Corporate
64 051
82 984
-
-
income
5 765
7 469
-
-
total
5 765
7 469
-
-
Dividends
58 287
75 515
-
-
social contributions
11 246
14 606
-
-
withholding
11 075
14 348
-
-
total
22 321
28 954
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 304
41 682
40 139
29 343
After tax
54 196
53 818
55 361
66 157
Living cost
18 231
18 231
18 231
18 231
Free-cash
35 965
35 587
37 130
47 926

Estimated living cost  is ₽18231 per week

₽12441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽52342
₽30987
₽27131
₽46153
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 796
health
-
-
-
12 415
pensions
-
-
-
19 100
total
-
-
-
44 311
Employee
28 256
-
71 376
-
unemployment
452
-
1 142
-
pensions
565
-
1 427
-
income
3 181
-
13 762
-
total
4 198
-
16 331
-
Employer
28 256
-
71 376
-
health
3 673
-
9 279
-
pensions
5 652
-
14 274
-
unemployment
227
-
571
-
total
9 552
-
24 124
-
Corporate
57 693
95 500
-
-
income
11 539
19 100
-
-
total
11 539
19 100
-
-
Dividends
46 154
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
25 289
19 100
40 455
44 311
After tax
70 211
76 400
55 045
51 189
Living cost
24 058
24 058
24 058
24 058
Free-cash
46 153
52 342
30 987
27 131

Estimated living cost  is ₽24058 per week

₽16501
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1433
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5640
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14433
₽26824
₽43411
₽4335
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
22 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
29 920
Employee
34 873
-
81 059
-
pensions
3 927
-
7 688
-
income
4 784
-
15 097
-
health
3 993
-
9 281
-
total
12 704
-
32 066
-
Employer
34 873
-
81 059
-
pensions
5 671
-
11 102
-
accident
582
-
1 353
-
unemployment
854
-
1 986
-
total
7 107
-
14 441
-
Corporate
53 520
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.

48 168
85 950
-
-
total
48 168
85 950
-
-
Dividends
5 352
9 550
-
-
withholding
1 017
1 814
-
-
total
1 017
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 996
87 764
46 507
29 920
After tax
26 504
7 736
48 993
65 580
Living cost
22 169
22 169
22 169
22 169
Free-cash
4 335
-14 433
26 824
43 411

Estimated living cost  is ₽22169 per week

₽16248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1228
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82580
₽68255
₽86400
₽81053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 181
-
95 500
-
income
2 036
-
19 100
-
total
2 036
-
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%.

85 319
95 500
-
-
total
-
-
-
-
Dividends
85 319
95 500
-
-
withholding
4 266
4 775
-
-
total
4 266
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 302
4 775
19 100
955
After tax
89 198
90 725
76 400
94 545
Living cost
8 145
8 145
8 145
8 145
Free-cash
81 053
82 580
68 255
86 400

Estimated living cost  is ₽8145 per week

₽5048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43624
₽29434
₽25173
₽36896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
other
-
-
-
4 536
health
-
-
-
4 202
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.

-
-
-
22 918
total
-
-
-
43 787
Employee
36 165
-
76 275
-
unemployment
361
-
764
-
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.

2 531
-
5 340
-
income
6 226
-
13 129
-
health
507
-
1 068
-
total
9 625
-
20 301
-
Employer
36 165
-
76 275
-
health
507
-
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.

6 149
-
12 968
-
accident
289
-
611
-
unemployment
361
-
764
-
other
1 809
-
3 814
-
total
9 115
-
19 225
-
Corporate
50 221
95 500
-
-
income
10 547
20 055
-
-
total
10 547
20 055
-
-
Dividends
39 674
75 445
-
-
withholding
2 777
5 281
-
-
total
2 777
5 281
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 064
25 336
39 526
43 787
After tax
63 436
70 164
55 974
51 713
Living cost
26 540
26 540
26 540
26 540
Free-cash
36 896
43 624
29 434
25 173

Estimated living cost  is ₽26540 per week

₽18752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4736
-₽6377
₽3202
-₽11181
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 046
pensions
-
-
-
6 940
total
-
-
-
25 986
Employee
93 822
-
84 158
-
pensions
9 051
-
7 892
-
income
16 912
-
14 984
-
health
1 546
-
1 347
-
total
27 509
-
24 223
-
Employer
93 822
-
84 158
-
health
1 782
-
1 598
-
pensions
11 078
-
9 744
-
total
12 860
-
11 342
-
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.

-
18 144
-
-
total
-
18 144
-
-
Dividends
-
77 356
-
-
withholding
-
6 308
-
-
total
-
6 308
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 369
24 452
35 565
25 986
After tax
55 131
71 048
59 935
69 514
Living cost
66 312
66 312
66 312
66 312
Free-cash
-11 181
4 736
-6 377
3 202

Estimated living cost  is ₽66312 per week

₽49689
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7791
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and 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

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
₽68595
₽61711
₽58828
₽63969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
23 614
Employee
17 290
-
88 675
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
pensions

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

1 518
-
3 055
-
income
1 729
-
8 868
-
health
795
-
1 600
-
total
4 232
-
13 906
-
Employer
17 290
-
88 675
-
health
1 193
-
2 400
-
pensions

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

1 906
-
3 833
-
accident

We are using the highest rate at 1.1%.

190
-
383
-
unemployment
103
-
209
-
total
3 392
-
6 825
-
Corporate
74 817
95 500
-
-
income
7 482
9 550
-
-
total
7 482
9 550
-
-
Dividends
67 335
85 950
-
-
withholding
3 367
4 297
-
-
total
3 367
4 297
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 473
13 847
20 731
23 614
After tax
77 027
81 653
74 769
71 886
Living cost
13 058
13 058
13 058
13 058
Free-cash
63 969
68 595
61 711
58 828

Estimated living cost  is ₽13058 per week

₽7623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽346
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11322
-₽16912
-₽1002
-₽13012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 901
health
-
-
-
11 700
pensions
-
-
-
11 670
total
-
-
-
41 271
Employee
92 345
85 057
85 057
-
pensions
11 670
11 670
15 310
-
income

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

13 922
13 922
13 922
-
health
11 520
11 105
13 055
-
total
37 112
36 697
42 287
-
Employer
92 345
85 057
85 057
-
health
6 417
5 912
5 912
-
pensions
6 427
5 920
5 920
-
unemployment
3 325
3 062
3 062
-
total
16 169
14 894
14 894
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
53 281
51 591
57 181
41 271
After tax
42 219
43 909
38 319
54 229
Living cost
55 231
55 231
55 231
55 231
Free-cash
-13 012
-11 322
-16 912
-1 002

Estimated living cost  is ₽55231 per week

₽40742
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41002
₽23714
₽21763
₽32171
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 208
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
health
-
-
-
12 893
total
-
-
-
48 987
Employee
36 396
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 366
-
4 632
-
income
4 368
-
8 552
-
health
4 914
-
9 621
-
total
11 648
-
22 805
-
Employer
36 396
-
71 269
-
health
3 276
-
6 414
-
social contributions
9 099
-
17 817
-
total
12 375
-
24 231
-
Corporate
46 729
95 500
-
-
income
8 878
18 145
-
-
total
8 878
18 145
-
-
Dividends
37 850
77 355
-
-
withholding
5 678
11 603
-
-
total
5 678
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 579
29 748
47 036
48 987
After tax
56 921
65 752
48 464
46 513
Living cost
24 750
24 750
24 750
24 750
Free-cash
32 171
41 002
23 714
21 763

Estimated living cost  is ₽24750 per week

₽17191
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
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.
₽5311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8923
₽2750
₽7294
₽3724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 563
regional
-
-
-
1 047
municipal
-
-
-
567
national
-
-
-
20 000
total
-
-
-
46 177
Employee
88 521
-
95 500
-
municipal
469
-
507
-
national
15 339
-
17 096
-
regional
835
-
915
-
social contributions
29 849
-
32 203
-
total
46 492
-
50 721
-
Employer
88 521
-
95 500
-
total
-
-
-
-
Corporate
6 979
95 500
-
-
municipal
272
3 724
-
-
nationa
1 675
22 920
-
-
total
1 947
26 644
-
-
Dividends
5 032
68 856
-
-
withholding
1 308
17 904
-
-
total
1 308
17 904
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 747
44 548
50 721
46 177
After tax
45 753
50 952
44 779
49 323
Living cost
42 029
42 029
42 029
42 029
Free-cash
3 724
8 923
2 750
7 294

Estimated living cost  is ₽42029 per week

₽29297
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽645
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9330
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38092
₽25731
₽27575
₽34991
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 737
other
-
-
-
-
surtax
-
-
-
2 102
unemployment
-
-
-
227
health
-
-
-
6 780
pensions
-
-
-
19 100
total
-
-
-
45 946
Employee
32 938
-
78 893
-
other
-
-
-
-
unemployment
2 293
-
5 491
-
pensions
2 196
-
5 262
-
surtax
108
-
1 890
-
income
5 521
-
16 529
-
health
841
-
2 011
-
total
10 959
-
31 183
-
Employer
32 938
-
78 893
-
health
1 499
-
3 589
-
pensions
4 391
-
10 517
-
unemployment
1 043
-
2 501
-
other
-
-
-
-
total
6 933
-
16 607
-
Corporate
55 629
95 500
-
-
income
14 463
24 829
-
-
total
14 463
24 829
-
-
Dividends
41 165
70 671
-
-
withholding
6 175
10 600
-
-
total
6 175
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 530
35 429
47 790
45 946
After tax
56 970
60 071
47 710
49 554
Living cost
21 979
21 979
21 979
21 979
Free-cash
34 991
38 092
25 731
27 575

Estimated living cost  is ₽21979 per week

₽13439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽507
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6005
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25745
₽14632
₽24211
₽18450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 046
pensions
-
-
-
6 940
total
-
-
-
25 986
Employee
62 877
-
84 158
-
pensions
5 337
-
7 892
-
income
11 324
-
14 984
-
health
913
-
1 347
-
total
17 574
-
24 223
-
Employer
62 877
-
84 158
-
health
1 194
-
1 598
-
pensions
6 806
-
9 744
-
total
8 000
-
11 342
-
Corporate
24 622
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.

4 677
18 144
-
-
total
4 677
18 144
-
-
Dividends
19 945
77 356
-
-
withholding
1 496
6 308
-
-
total
1 496
6 308
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 747
24 452
35 565
25 986
After tax
63 753
71 048
59 935
69 514
Living cost
45 303
45 303
45 303
45 303
Free-cash
18 450
25 745
14 632
24 211

Estimated living cost  is ₽45303 per week

₽33941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3396
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽35041
-₽3624
₽1267
-₽5388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 910
regional
-
-
-
3 099
health
-
-
-
257
city
-
-
-
1 007
national
-
-
-
463
pensions
-
-
-
8 786
total
-
-
-
15 522
Employee
92 112
-
85 477
-
unemployment
-
-
-
-
pensions
7 739
-
7 181
-
national
436
-
383
-
regional
3 016
-
2 656
-
city
989
-
918
-
health
208
-
192
-
total
12 388
-
11 330
-
Employer
92 112
-
85 477
-
health
208
-
192
-
pensions
7 739
-
7 181
-
unemployment
-
-
-
-
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.

1 842
-
1 710
-
total
9 789
-
9 083
-
Corporate
-
95 500
-
-
regional
-
20 198
-
-
national
-
8 117
-
-
total
-
28 315
-
-
Dividends
-
67 186
-
-
withholding
-
23 515
-
-
total
-
23 515
-
-
Income
95 500
95 500
95 500
95 500
Total tax
22 177
51 830
20 413
15 522
After tax
73 323
43 670
75 087
79 978
Living cost
78 711
78 711
78 711
78 711
Free-cash
-5 388
-35 041
-3 624
1 267

Estimated living cost  is ₽78711 per week

₽51185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽966
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1687
₽22847
₽14411
₽17839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 164
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.

-
-
-
1 055
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.

-
-
-
6 805
trade
-
-
-
8 436
total
-
-
-
35 460
Employee

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

59 860
-
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.

387
-
1 055
-
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.

7 039
-
19 164
-
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.

6 805
-
6 805
-
total
14 231
-
27 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
35 640
95 500
-
-
income
5 345
14 325
-
-
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.

295
788
-
-
chamber of commerce
202
285
-
-
trade
6 113
16 378
-
-
total
11 955
31 776
-
-
Dividends
23 685
63 723
-
-
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.

304
856
-
-
withholding
5 542
15 552
-
-
total
5 846
16 408
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 032
48 184
27 024
35 460
After tax
63 468
47 316
68 476
60 040
Living cost
45 629
45 629
45 629
45 629
Free-cash
17 839
1 687
22 847
14 411

Estimated living cost  is ₽45629 per week

₽33325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14055
₽20256
₽21032
₽19939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 515
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 720
health
-
-
-
1 542
pensions
-
-
-
24 650
total
-
-
-
40 391
Employee
42 629
-
72 773
-
pensions
4 820
-
8 232
-
surtax
-
-
-
-
social contributions
1 215
-
2 073
-
income
2 516
-
8 135
-
total
8 551
-
18 440
-
Employer
42 629
-
72 773
-
health
2 985
-
5 094
-
pensions
7 003
-
11 957
-
unemployment
1 726
-
2 947
-
social contributions
129
-
219
-
other
1 471
-
2 510
-
total
13 314
-
22 727
-
Corporate
39 559
95 500
-
-
income
11 076
26 740
-
-
surtax
-
-
-
-
total
11 076
26 740
-
-
Dividends
28 483
68 760
-
-
surtax
-
-
-
-
social contributions
4 897
11 827
-
-
withholding
3 646
8 801
-
-
total
8 543
20 628
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 484
47 368
41 167
40 391
After tax
54 016
48 132
54 333
55 109
Living cost
34 078
34 078
34 078
34 078
Free-cash
19 939
14 055
20 256
21 032

Estimated living cost  is ₽34078 per week

₽21487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2771
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17431
₽23632
₽24408
₽22962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 515
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 720
health
-
-
-
1 542
pensions
-
-
-
24 650
total
-
-
-
40 391
Employee
38 052
-
72 773
-
pensions
4 304
-
8 232
-
surtax
-
-
-
-
social contributions
1 085
-
2 073
-
income
1 962
-
8 135
-
total
7 351
-
18 440
-
Employer
38 052
-
72 773
-
health
2 663
-
5 094
-
pensions
6 253
-
11 957
-
unemployment
1 540
-
2 947
-
social contributions
113
-
219
-
other
1 314
-
2 510
-
total
11 883
-
22 727
-
Corporate
45 565
95 500
-
-
income
12 759
26 740
-
-
surtax
-
-
-
-
total
12 759
26 740
-
-
Dividends
32 806
68 760
-
-
surtax
-
-
-
-
social contributions
5 644
11 827
-
-
withholding
4 200
8 801
-
-
total
9 844
20 628
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 837
47 368
41 167
40 391
After tax
53 663
48 132
54 333
55 109
Living cost
30 701
30 701
30 701
30 701
Free-cash
22 962
17 431
23 632
24 408

Estimated living cost  is ₽30701 per week

₽17805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3119
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37144
₽40589
₽40210
₽37659
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
13 178
health
-
-
-
6 667
total
-
-
-
34 170
Employee
33 771
-
95 500
-
social contributions
4 661
-
13 178
-
income
5 633
-
13 946
-
health
2 357
-
6 667
-
total
12 651
-
33 791
-
Employer
33 771
-
95 500
-
total
-
-
-
-
Corporate
61 729
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%.

3 087
4 775
-
-
total
3 087
4 775
-
-
Dividends
58 642
90 725
-
-
social contributions
8 092
12 520
-
-
withholding
8 797
13 609
-
-
health
4 094
6 332
-
-
total
20 983
32 461
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 721
37 236
33 791
34 170
After tax
58 779
58 264
61 709
61 330
Living cost
21 120
21 120
21 120
21 120
Free-cash
37 659
37 144
40 589
40 210

Estimated living cost  is ₽21120 per week

₽14135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18506
-₽5596
₽13596
₽16966
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 148
surtax
-
-
-
197
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
382
health
-
-
-
7 305
pensions
-
-
-
17 667
total
-
-
-
46 808
Employee
49 777
39 693
74 001
-
other
497
397
741
-
unemployment
1 493
1 191
2 221
-
pensions
5 098
4 064
7 578
-
income
5 667
2 928
13 543
-
health
1 926
1 537
2 864
-
total
14 681
10 117
26 947
-
Employer
49 777
39 693
74 001
-
chamber of commerce
198
159
297
-
health
1 881
1 501
2 797
-
pensions
6 247
4 982
9 286
-
accident
646
516
962
-
unemployment
1 493
1 191
2 221
-
surtax
197
197
197
-
payroll
1 493
1 191
2 221
-
other
2 365
1 884
3 516
-
total
14 520
11 621
21 497
-
Corporate
31 203
44 186
70 223
-
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.

7 801
11 046
17 556
-
total
7 801
11 046
17 556
-
Dividends
23 402
33 140
-
-
withholding
6 436
9 114
-
-
total
6 436
9 114
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 438
41 898
66 000
46 808
After tax
52 062
53 602
29 500
48 692
Living cost
35 096
35 096
35 096
35 096
Free-cash
16 966
18 506
-5 596
13 596

Estimated living cost  is ₽35096 per week

₽23408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17259
₽1159
₽9037
₽2322
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 850
social contributions
-
-
-
14 677
national
-
-
-
30 619
total
-
-
-
50 146
Employee

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

71 247
-
73 969
-
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.

620
-
643
-
communal

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

3 716
-
3 858
-
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.

5 343
-
5 548
-
national
21 904
-
22 968
-
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.

3 347
-
3 476
-
total
34 930
-
36 493
-
Employer

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

71 247
-
73 969
-
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.

4 381
-
4 550
-
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.

6 313
-
6 553
-
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.

926
-
960
-
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.

1 040
-
1 079
-
surtax
8 079
-
8 389
-
total
20 739
-
21 531
-
Corporate
3 515
95 500
-
-
income
703
19 100
-
-
surtax
13
382
-
-
total
716
19 482
-
-
Dividends
2 798
76 018
-
-
withholding

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

476
22 442
-
-
total
476
22 442
-
-
Income
95 500
95 500
95 500
95 500
Total tax
56 861
41 924
58 024
50 146
After tax
38 639
53 576
37 476
45 354
Living cost
36 317
36 317
36 317
36 317
Free-cash
2 322
17 259
1 159
9 037

Estimated living cost  is ₽36317 per week

₽23393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3175
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28384
₽14876
₽14869
₽20450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
16 963
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
44 660
Employee
49 580
-
72 414
-
other
49
-
72
-
unemployment
769
-
1 123
-
pensions
2 331
-
3 404
-
income
10 461
-
16 967
-
total
13 610
-
21 566
-
Employer
49 580
-
72 414
-
pensions
11 700
-
17 089
-
accident
981
-
1 435
-
unemployment
2 727
-
3 983
-
other
395
-
580
-
total
15 803
-
23 087
-
Corporate
30 117
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.

4 517
14 325
-
-
total
4 517
14 325
-
-
Dividends
25 599
81 175
-
-
withholding
5 149
16 820
-
-
total
5 149
16 820
-
-
Income
95 500
95 500
95 500
95 500
Total tax
39 079
31 145
44 653
44 660
After tax
56 421
64 355
50 847
50 840
Living cost
35 971
35 971
35 971
35 971
Free-cash
20 450
28 384
14 876
14 869

Estimated living cost  is ₽35971 per week

₽26489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2552
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.
₽6411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4444
₽5445
₽1037
-₽2135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
6 035
accident
-
-
-
805
income
-
-
-
7 734
surtax
-
-
-
4 735
health
-
-
-
6 712
pensions
-
-
-
14 314
total
-
-
-
40 335
Employee
75 429
-
85 305
-
pensions
6 033
-
6 823
-
surtax
4 623
-
5 228
-
income
7 286
-
9 886
-
health
3 357
-
3 797
-
total
21 299
-
25 734
-
Employer
75 429
-
85 305
-
health
2 300
-
2 603
-
pensions
6 033
-
6 823
-
accident
679
-
767
-
total
9 012
-
10 193
-
Corporate
11 059
95 500
-
-
communal
-
6 445
-
-
income
1 660
14 325
-
-
surtax
115
1 004
-
-
total
1 775
21 774
-
-
Dividends
9 284
73 725
-
-
income
10 028
4 095
-
-
withholding
1 393
11 059
-
-
total
11 421
15 154
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 507
36 928
35 927
40 335
After tax
51 993
58 572
59 573
55 165
Living cost
54 128
54 128
54 128
54 128
Free-cash
-2 135
4 444
5 445
1 037

Estimated living cost  is ₽54128 per week

₽40604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9670
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37699
₽25338
₽27182
₽34530
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 737
other
-
-
-
-
surtax
-
-
-
2 102
unemployment
-
-
-
227
health
-
-
-
6 780
pensions
-
-
-
19 100
total
-
-
-
45 946
Employee
33 543
-
78 893
-
other
-
-
-
-
unemployment
2 334
-
5 491
-
pensions
2 238
-
5 262
-
surtax
119
-
1 890
-
income
5 623
-
16 529
-
health
856
-
2 011
-
total
11 170
-
31 183
-
Employer
33 543
-
78 893
-
health
1 525
-
3 589
-
pensions
4 472
-
10 517
-
unemployment
1 064
-
2 501
-
other
-
-
-
-
total
7 061
-
16 607
-
Corporate
54 896
95 500
-
-
income
14 273
24 829
-
-
total
14 273
24 829
-
-
Dividends
40 623
70 671
-
-
withholding
6 094
10 600
-
-
total
6 094
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 598
35 429
47 790
45 946
After tax
56 902
60 071
47 710
49 554
Living cost
22 372
22 372
22 372
22 372
Free-cash
34 530
37 699
25 338
27 182

Estimated living cost  is ₽22372 per week

₽13507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6402
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23366
₽17579
₽22100
₽21155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 563
regional
-
-
-
1 439
municipal
-
-
-
567
national
-
-
-
20 000
total
-
-
-
46 569
Employee
55 251
-
95 500
-
municipal
293
-
507
-
national
8 753
-
17 096
-
regional
744
-
1 284
-
social contributions
18 631
-
32 203
-
total
28 421
-
51 090
-
Employer
55 251
-
95 500
-
total
-
-
-
-
Corporate
40 249
95 500
-
-
municipal
2 000
4 746
-
-
nationa
9 661
22 920
-
-
total
11 661
27 666
-
-
Dividends
28 588
67 834
-
-
withholding
7 432
17 637
-
-
total
7 432
17 637
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 514
45 303
51 090
46 569
After tax
47 986
50 197
44 410
48 931
Living cost
26 831
26 831
26 831
26 831
Free-cash
21 155
23 366
17 579
22 100

Estimated living cost  is ₽26831 per week

₽16686
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2718
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6967
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35254
₽17966
₽16015
₽24374
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 208
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
health
-
-
-
12 893
total
-
-
-
48 987
Employee
44 850
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 915
-
4 632
-
income
5 382
-
8 552
-
health
6 055
-
9 621
-
total
14 352
-
22 805
-
Employer
44 850
-
71 269
-
health
4 036
-
6 414
-
social contributions
11 213
-
17 817
-
total
15 249
-
24 231
-
Corporate
35 401
95 500
-
-
income
6 726
18 145
-
-
total
6 726
18 145
-
-
Dividends
28 675
77 355
-
-
withholding
4 301
11 603
-
-
total
4 301
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 628
29 748
47 036
48 987
After tax
54 872
65 752
48 464
46 513
Living cost
30 498
30 498
30 498
30 498
Free-cash
24 374
35 254
17 966
16 015

Estimated living cost  is ₽30498 per week

₽22680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5601
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21933
-₽2241
₽17112
₽21441
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 148
surtax
-
-
-
-
unemployment
-
-
-
6 109
chamber of commerce
-
-
-
382
health
-
-
-
7 305
pensions
-
-
-
17 667
total
-
-
-
46 611
Employee
43 539
39 693
74 158
-
other
435
397
741
-
unemployment
1 306
1 191
2 225
-
pensions
4 459
4 064
7 595
-
income
3 879
2 928
13 598
-
health
1 684
1 537
2 869
-
total
11 763
10 117
27 028
-
Employer
43 539
39 693
74 158
-
chamber of commerce
174
159
297
-
health
1 646
1 501
2 803
-
pensions
5 464
4 982
9 307
-
accident
565
516
964
-
unemployment
1 306
1 191
2 225
-
surtax
-
-
-
-
payroll
1 306
1 191
2 225
-
other
2 068
1 884
3 521
-
total
12 529
11 424
21 342
-
Corporate
39 431
44 383
70 378
-
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.

9 857
11 095
17 594
-
total
9 857
11 095
17 594
-
Dividends
29 574
33 287
-
-
withholding
8 133
9 154
-
-
total
8 133
9 154
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 282
41 790
65 964
46 611
After tax
53 218
53 710
29 536
48 889
Living cost
31 777
31 777
31 777
31 777
Free-cash
21 441
21 933
-2 241
17 112

Estimated living cost  is ₽31777 per week

₽19062
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78032
₽63707
₽81852
₽75652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 866
-
95 500
-
income
3 173
-
19 100
-
total
3 173
-
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%.

79 634
95 500
-
-
total
-
-
-
-
Dividends
79 634
95 500
-
-
withholding
3 982
4 775
-
-
total
3 982
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
7 155
4 775
19 100
955
After tax
88 345
90 725
76 400
94 545
Living cost
12 693
12 693
12 693
12 693
Free-cash
75 652
78 032
63 707
81 852

Estimated living cost  is ₽12693 per week

₽8589
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽426
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3145
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39035
₽20138
₽22873
₽30705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 929
unemployment
-
-
-
144
health
-
-
-
9 398
pensions
-
-
-
17 440
total
-
-
-
45 911
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.

44 045
-
82 634
-
unemployment
62
-
115
-
pensions
6 827
-
12 808
-
income
7 595
-
17 519
-
health
2 845
-
5 338
-
total
17 329
-
35 780
-
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.

44 045
-
82 634
-
health
2 934
-
5 504
-
pensions
3 897
-
7 313
-
unemployment
26
-
49
-
total
6 857
-
12 866
-
Corporate
44 598
95 500
-
-
income
8 474
18 145
-
-
total
8 474
18 145
-
-
Dividends
36 124
77 355
-
-
withholding
5 419
11 604
-
-
total
5 419
11 604
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 079
29 749
48 646
45 911
After tax
57 421
65 751
46 854
49 589
Living cost
26 716
26 716
26 716
26 716
Free-cash
30 705
39 035
20 138
22 873

Estimated living cost  is ₽26716 per week

₽18334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14418
₽38497
₽22314
-₽55454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 615
social contributions
-
-
-
10 887
total
-
-
-
29 502
Employee
62 637
-
-
-
social contributions
5 136
-
732
-
income
13 816
-
-
-
total
18 952
-
732
-
Employer
62 637
-
-
-
social contributions
88 318
-
12 587
-
total
88 318
-
12 587
-
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
107 270
37 398
13 319
29 502
After tax
-11 770
58 102
82 181
65 998
Living cost
43 684
43 684
43 684
43 684
Free-cash
-55 454
14 418
38 497
22 314

Estimated living cost  is ₽43684 per week

₽28344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10675
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23079
₽17713
₽22359
₽22075
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 714
surtax
-
-
-
-
social contributions

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

-
-
-
33 185
total
-
-
-
41 899
Employee
45 810
-
77 171
-
surtax
-
-
-
-
social contributions
5 039
-
8 489
-
income
9 529
-
19 727
-
total
14 568
-
28 216
-
Employer
45 810
-
77 171
-
social contributions
10 880
-
18 329
-
total
10 880
-
18 329
-
Corporate
38 811
95 500
-
-
income
8 150
20 055
-
-
surtax
-
-
-
-
total
8 150
20 055
-
-
Dividends
30 660
75 445
-
-
withholding
8 585
21 124
-
-
total
8 585
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 183
41 179
46 545
41 899
After tax
53 317
54 321
48 955
53 601
Living cost
31 242
31 242
31 242
31 242
Free-cash
22 075
23 079
17 713
22 359

Estimated living cost  is ₽31242 per week

₽23376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1843
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25
₽6226
₽7002
₽6871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 515
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 720
health
-
-
-
1 542
pensions
-
-
-
24 650
total
-
-
-
40 391
Employee
62 383
-
72 773
-
pensions
7 056
-
8 232
-
surtax
-
-
-
-
social contributions
1 777
-
2 073
-
income
5 443
-
8 135
-
total
14 276
-
18 440
-
Employer
62 383
-
72 773
-
health
4 366
-
5 094
-
pensions
10 250
-
11 957
-
unemployment
2 527
-
2 947
-
social contributions
187
-
219
-
other
2 153
-
2 510
-
total
19 483
-
22 727
-
Corporate
13 633
95 500
-
-
income
3 818
26 740
-
-
surtax
-
-
-
-
total
3 818
26 740
-
-
Dividends
9 815
68 760
-
-
surtax
-
-
-
-
social contributions
1 688
11 827
-
-
withholding
1 257
8 801
-
-
total
2 945
20 628
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 522
47 368
41 167
40 391
After tax
54 978
48 132
54 333
55 109
Living cost
48 107
48 107
48 107
48 107
Free-cash
6 871
25
6 226
7 002

Estimated living cost  is ₽48107 per week

₽32558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽660
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56011
₽45689
₽43096
₽52663
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 455
social contributions
-
-
-
21 009
total
-
-
-
22 464
Employee
32 021
-
82 685
-
income
-
-
1 682
-
social contributions
2 081
-
5 374
-
total
2 081
-
7 056
-
Employer
32 021
-
82 685
-
social contributions
4 964
-
12 815
-
total
4 964
-
12 815
-
Corporate
58 515
95 500
-
-
income
5 852
9 549
-
-
total
5 852
9 549
-
-
Dividends
52 663
85 951
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 897
9 549
19 871
22 464
After tax
82 603
85 951
75 629
73 036
Living cost
29 940
29 940
29 940
29 940
Free-cash
52 663
56 011
45 689
43 096

Estimated living cost  is ₽29940 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2257
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽121409
-₽121409
₽11531
-₽121409
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
7 571
municipal
-
-
-
17 522
national
-
-
-
10 067
pensions
-
-
-
863
total
-
-
-
36 023
Employee
202 369
202 369
202 369
-
municipal
43 093
43 093
43 093
-
labour market
16 166
16 166
16 166
-
pensions
288
288
288
-
national
24 723
24 723
24 723
-
total
84 270
84 270
84 270
-
Employer
202 369
202 369
202 369
-
national
24 766
24 766
24 766
-
labour market
16 190
16 190
16 190
-
pensions
575
575
575
-
municipal
43 162
43 162
43 162
-
total
84 693
84 693
84 693
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
168 963
168 963
168 963
36 023
After tax
-73 463
-73 463
-73 463
59 477
Living cost
47 946
47 946
47 946
47 946
Free-cash
-121 409
-121 409
-121 409
11 531

Estimated living cost  is ₽47946 per week

₽32815
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽737
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10152
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14106
₽27151
₽43738
₽4385
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
22 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
29 920
Employee
34 359
-
81 059
-
pensions
3 869
-
7 688
-
income
4 714
-
15 097
-
health
3 934
-
9 281
-
total
12 517
-
32 066
-
Employer
34 359
-
81 059
-
pensions
5 587
-
11 102
-
accident
574
-
1 353
-
unemployment
842
-
1 986
-
total
7 003
-
14 441
-
Corporate
54 139
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.

48 725
85 950
-
-
total
48 725
85 950
-
-
Dividends
5 414
9 550
-
-
withholding
1 028
1 814
-
-
total
1 028
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 273
87 764
46 507
29 920
After tax
26 227
7 736
48 993
65 580
Living cost
21 842
21 842
21 842
21 842
Free-cash
4 385
-14 106
27 151
43 738

Estimated living cost  is ₽21842 per week

₽15898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1245
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4288
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25571
₽16566
₽30034
₽22980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 055
municipal
-
-
-
17 000
national
-
-
-
9 171
total
-
-
-
27 226
Employee
52 403
-
80 339
-
municipal
8 583
-
13 120
-
unemployment
786
-
1 206
-
pensions
3 536
-
5 423
-
national
866
-
4 964
-
health
391
-
822
-
total
14 162
-
25 535
-
Employer
52 403
-
80 339
-
health
403
-
618
-
pensions
9 092
-
13 938
-
accident
53
-
81
-
unemployment
340
-
522
-
total
9 888
-
15 159
-
Corporate
33 209
95 500
-
-
income
6 642
19 100
-
-
total
6 642
19 100
-
-
Dividends

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

19 926
57 300
-
-
municipal
3 588
10 315
-
-
national
-
2 274
-
-
total
3 588
12 589
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 280
31 689
40 694
27 226
After tax
61 220
63 811
54 806
68 274
Living cost
38 240
38 240
38 240
38 240
Free-cash
22 980
25 571
16 566
30 034

Estimated living cost  is ₽38240 per week

₽24978
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽609
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46868
₽45149
₽45247
₽41447
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 859
social contributions
-
-
-
14 898
health
-
-
-
2 435
total
-
-
-
27 192
Employee
76 590
76 590
86 699
-
social contributions
2 896
6 357
7 196
-
income
8 339
7 090
9 819
-
health
594
1 302
1 474
-
total
11 829
14 749
18 489
-
Employer
76 590
76 590
86 699
-
health
645
1 418
1 605
-
social contributions
2 896
6 357
7 196
-
total
3 541
7 775
8 801
-
Corporate
57 070
11 136
-
-
income
7 133
1 391
-
-
total
7 133
1 391
-
-
Dividends
49 937
9 745
-
-
withholding
8 489
1 656
-
-
total
8 489
1 656
-
-
Income
95 500
95 500
95 500
95 500
Total tax
30 992
25 571
27 290
27 192
After tax
64 508
69 929
68 210
68 308
Living cost
23 061
23 061
23 061
23 061
Free-cash
41 447
46 868
45 149
45 247

Estimated living cost  is ₽23061 per week

₽13821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6468
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63270
₽43102
₽60661
₽58203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 056
unemployment
-
-
-
28
health
-
-
-
3 605
pensions
-
-
-
6 336
total
-
-
-
19 025
Employee

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

22 862
-
86 582
-
unemployment
113
-
433
-
pensions
3 429
-
12 987
-
income
1 563
-
6 886
-
health
1 943
-
7 360
-
total
7 048
-
27 666
-
Employer

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

22 862
-
86 582
-
health
983
-
3 724
-
pensions
1 257
-
4 761
-
unemployment
113
-
433
-
total
2 353
-
8 918
-
Corporate
70 284
95 500
-
-
income
6 326
8 595
-
-
total
6 326
8 595
-
-
Dividends
63 958
86 905
-
-
withholding
5 756
7 821
-
-
total
5 756
7 821
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 483
16 416
36 584
19 025
After tax
74 017
79 084
58 916
76 475
Living cost
15 814
15 814
15 814
15 814
Free-cash
58 203
63 270
43 102
60 661

Estimated living cost  is ₽15814 per week

₽10090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36965
₽23457
₽23450
₽31741
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
16 963
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
44 660
Employee
36 829
-
72 414
-
other
36
-
72
-
unemployment
571
-
1 123
-
pensions
1 731
-
3 404
-
income
7 100
-
16 967
-
total
9 438
-
21 566
-
Employer
36 829
-
72 414
-
pensions
8 691
-
17 089
-
accident
730
-
1 435
-
unemployment
2 026
-
3 983
-
other
295
-
580
-
total
11 742
-
23 087
-
Corporate
46 929
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.

7 039
14 325
-
-
total
7 039
14 325
-
-
Dividends
39 890
81 175
-
-
withholding
8 150
16 820
-
-
total
8 150
16 820
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 369
31 145
44 653
44 660
After tax
59 131
64 355
50 847
50 840
Living cost
27 390
27 390
27 390
27 390
Free-cash
31 741
36 965
23 457
23 450

Estimated living cost  is ₽27390 per week

₽18488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57640
₽58838
₽58977
₽57319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 115
health
-
-
-
1 032
pensions
-
-
-
1 424
total
-
-
-
34 571
Employee
2 973
-
93 898
-
unemployment
30
-
71
-
pensions
268
-
641
-
income
575
-
32 041
-
health
149
-
356
-
total
1 022
-
33 109
-
Employer
2 973
-
93 898
-
health
282
-
676
-
pensions
327
-
783
-
unemployment
59
-
142
-
total
668
-
1 601
-
Corporate
91 858
95 500
-
-
income
20 209
21 010
-
-
total
20 209
21 010
-
-
Dividends
71 649
74 490
-
-
withholding
14 330
14 898
-
-
total
14 330
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 229
35 908
34 710
34 571
After tax
59 271
59 592
60 790
60 929
Living cost
1 952
1 952
1 952
1 952
Free-cash
57 319
57 640
58 838
58 977

Estimated living cost  is ₽1952 per week

₽1160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51777
₽32808
₽32807
₽46877
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 652
unemployment
-
-
-
1 104
health
-
-
-
7 580
pensions
-
-
-
19 135
total
-
-
-
45 471
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.

25 969
-
82 327
-
unemployment
195
-
552
-
pensions
3 636
-
10 303
-
income
3 580
-
17 652
-
health
1 337
-
3 790
-
total
8 748
-
32 297
-
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.

25 969
-
82 327
-
health
1 337
-
3 790
-
pensions
3 116
-
8 831
-
unemployment
195
-
552
-
total
4 648
-
13 173
-
Corporate
64 882
95 500
-
-
income
9 732
14 325
-
-
total
9 732
14 325
-
-
Dividends
55 150
81 175
-
-
withholding
8 273
12 176
-
-
total
8 273
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 401
26 501
45 470
45 471
After tax
64 099
68 999
50 030
50 029
Living cost
17 222
17 222
17 222
17 222
Free-cash
46 877
51 777
32 808
32 807

Estimated living cost  is ₽17222 per week

₽11595
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1332
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27469
₽22103
₽26749
₽27110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
8 714
surtax
-
-
-
-
social contributions

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

-
-
-
33 185
total
-
-
-
41 899
Employee
38 658
-
77 171
-
surtax
-
-
-
-
social contributions
4 253
-
8 489
-
income
7 554
-
19 727
-
total
11 807
-
28 216
-
Employer
38 658
-
77 171
-
social contributions
9 180
-
18 329
-
total
9 180
-
18 329
-
Corporate
47 661
95 500
-
-
income
10 008
20 055
-
-
surtax
-
-
-
-
total
10 008
20 055
-
-
Dividends
37 653
75 445
-
-
withholding
10 543
21 124
-
-
total
10 543
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 538
41 179
46 545
41 899
After tax
53 962
54 321
48 955
53 601
Living cost
26 852
26 852
26 852
26 852
Free-cash
27 110
27 469
22 103
26 749

Estimated living cost  is ₽26852 per week

₽19019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29350
₽15842
₽15835
₽21752
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
832
income
-
-
-
16 963
other
-
-
-
93
unemployment
-
-
-
646
pensions
-
-
-
26 126
total
-
-
-
44 660
Employee
48 104
-
72 414
-
other
47
-
72
-
unemployment
745
-
1 123
-
pensions
2 261
-
3 404
-
income
10 047
-
16 967
-
total
13 100
-
21 566
-
Employer
48 104
-
72 414
-
pensions
11 352
-
17 089
-
accident
953
-
1 435
-
unemployment
2 646
-
3 983
-
other
386
-
580
-
total
15 337
-
23 087
-
Corporate
32 060
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.

4 809
14 325
-
-
total
4 809
14 325
-
-
Dividends
27 251
81 175
-
-
withholding
5 497
16 820
-
-
total
5 497
16 820
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 743
31 145
44 653
44 660
After tax
56 757
64 355
50 847
50 840
Living cost
35 005
35 005
35 005
35 005
Free-cash
21 752
29 350
15 842
15 835

Estimated living cost  is ₽35005 per week

₽25139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6651
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64521
₽57637
₽54754
₽58450
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
139
health
-
-
-
4 001
pensions

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

-
-
-
5 149
total
-
-
-
23 614
Employee
22 685
-
88 675
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
pensions

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

1 992
-
3 055
-
income
2 269
-
8 868
-
health
1 044
-
1 600
-
total
5 554
-
13 906
-
Employer
22 685
-
88 675
-
health
1 565
-
2 400
-
pensions

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

2 500
-
3 833
-
accident

We are using the highest rate at 1.1%.

249
-
383
-
unemployment
136
-
209
-
total
4 450
-
6 825
-
Corporate
68 364
95 500
-
-
income
6 837
9 550
-
-
total
6 837
9 550
-
-
Dividends
61 527
85 950
-
-
withholding
3 077
4 297
-
-
total
3 077
4 297
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 918
13 847
20 731
23 614
After tax
75 582
81 653
74 769
71 886
Living cost
17 132
17 132
17 132
17 132
Free-cash
58 450
64 521
57 637
54 754

Estimated living cost  is ₽17132 per week

₽11331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4412
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10827
₽30022
₽22962
₽23854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
19 164
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.

-
-
-
1 055
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.

-
-
-
6 805
trade
-
-
-
7 060
total
-
-
-
34 084
Employee

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

49 559
-
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.

225
-
1 055
-
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.

4 075
-
19 164
-
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.

6 805
-
6 805
-
total
11 105
-
27 024
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 941
95 500
-
-
income
6 892
14 325
-
-
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.

380
788
-
-
chamber of commerce
219
291
-
-
trade
6 593
13 704
-
-
total
14 084
29 108
-
-
Dividends
31 858
66 392
-
-
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.

418
892
-
-
withholding
7 585
16 219
-
-
total
8 003
17 111
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 192
46 219
27 024
34 084
After tax
62 308
49 281
68 476
61 416
Living cost
38 454
38 454
38 454
38 454
Free-cash
23 854
10 827
30 022
22 962

Estimated living cost  is ₽38454 per week

₽26526
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10111
₽8617
₽8617
₽12312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 737
social contributions
-
-
-
8 408
total
-
-
-
30 145
Employee
77 912
-
95 500
-
income
14 702
-
21 737
-
social contributions
6 473
-
8 408
-
total
21 175
-
30 145
-
Employer
77 912
-
95 500
-
total
-
-
-
-
Corporate
17 588
95 500
-
-
income
2 198
11 938
-
-
total
2 198
11 938
-
-
Dividends
15 390
83 562
-
-
withholding
3 077
16 713
-
-
total
3 077
16 713
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 450
28 651
30 145
30 145
After tax
69 050
66 849
65 355
65 355
Living cost
56 738
56 738
56 738
56 738
Free-cash
12 312
10 111
8 617
8 617

Estimated living cost  is ₽56738 per week

₽43165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
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.
₽8407
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20657
₽33917
₽24932
₽24990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
28 352
health

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

-
-
-
6 060
total
-
-
-
34 412
Employee
45 692
-
90 918
-
income
4 958
-
16 263
-
social contributions
4 578
-
4 582
-
total
9 536
-
20 845
-
Employer
45 692
-
90 918
-
social contributions
4 578
-
4 582
-
total
4 578
-
4 582
-
Corporate
45 230
95 500
-
-
income
15 830
33 425
-
-
total
15 830
33 425
-
-
Dividends
29 400
62 075
-
-
social contributions
4 410
5 262
-
-
total
4 410
5 262
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 354
38 687
25 427
34 412
After tax
61 146
56 813
70 073
61 088
Living cost
36 156
36 156
36 156
36 156
Free-cash
24 990
20 657
33 917
24 932

Estimated living cost  is ₽36156 per week

₽23816
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2850
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.
₽8935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34218
₽23105
₽32684
₽29127
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 046
pensions
-
-
-
6 940
total
-
-
-
25 986
Employee
50 554
-
84 158
-
pensions
3 859
-
7 892
-
income
9 206
-
14 984
-
health
659
-
1 347
-
total
13 724
-
24 223
-
Employer
50 554
-
84 158
-
health
961
-
1 598
-
pensions
5 108
-
9 744
-
total
6 069
-
11 342
-
Corporate
38 877
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.

7 387
18 144
-
-
total
7 387
18 144
-
-
Dividends
31 490
77 356
-
-
withholding
2 363
6 308
-
-
total
2 363
6 308
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 543
24 452
35 565
25 986
After tax
65 957
71 048
59 935
69 514
Living cost
36 830
36 830
36 830
36 830
Free-cash
29 127
34 218
23 105
32 684

Estimated living cost  is ₽36830 per week

₽25265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3387
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16268
₽24989
₽41576
₽4054
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
254
income
-
-
-
22 902
other
-
-
-
373
health
-
-
-
2 198
pensions
-
-
-
4 193
total
-
-
-
29 920
Employee
37 760
-
81 059
-
pensions
4 252
-
7 688
-
income
5 180
-
15 097
-
health
4 323
-
9 281
-
total
13 755
-
32 066
-
Employer
37 760
-
81 059
-
pensions
6 139
-
11 102
-
accident
631
-
1 353
-
unemployment
925
-
1 986
-
total
7 695
-
14 441
-
Corporate
50 045
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.

45 041
85 950
-
-
total
45 041
85 950
-
-
Dividends
5 004
9 550
-
-
withholding
951
1 814
-
-
total
951
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
67 442
87 764
46 507
29 920
After tax
28 058
7 736
48 993
65 580
Living cost
24 004
24 004
24 004
24 004
Free-cash
4 054
-16 268
24 989
41 576

Estimated living cost  is ₽24004 per week

₽17616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽66914
₽45621
₽41252
₽62885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 537
unemployment
-
-
-
1 146
work injury
-
-
-
477
health insurance
-
-
-
7 067
pensions
-
-
-
17 572
total
-
-
-
40 799
Employee

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

21 518
-
95 500
-
health insurance
1 592
-
5 891
-
unemployment
258
-
955
-
work injury
108
-
398
-
pensions
3 959
-
14 649
-
income
2 152
-
14 537
-
total
8 069
-
36 430
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 982
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
73 982
94 545
-
-
withholding
11 097
14 182
-
-
total
11 097
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 166
15 137
36 430
40 799
After tax
76 334
80 363
59 070
54 701
Living cost
13 449
13 449
13 449
13 449
Free-cash
62 885
66 914
45 621
41 252

Estimated living cost  is ₽13449 per week

₽8332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽977
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽420
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10623
₽4383
₽8749
₽6091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
24 563
regional
-
-
-
1 870
municipal
-
-
-
639
national
-
-
-
20 000
total
-
-
-
47 072
Employee
83 932
-
95 500
-
municipal
501
-
569
-
national
14 184
-
17 096
-
regional
1 267
-
1 570
-
social contributions
28 301
-
32 203
-
total
44 253
-
51 438
-
Employer
83 932
-
95 500
-
total
-
-
-
-
Corporate
11 568
95 500
-
-
municipal
558
4 603
-
-
nationa
2 777
22 920
-
-
total
3 335
27 523
-
-
Dividends
8 234
67 977
-
-
withholding
2 142
17 675
-
-
total
2 142
17 675
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 730
45 198
51 438
47 072
After tax
45 770
50 302
44 062
48 428
Living cost
39 679
39 679
39 679
39 679
Free-cash
6 091
10 623
4 383
8 749

Estimated living cost  is ₽39679 per week

₽27872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8477
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close

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

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

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

Close