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
₽30077
₽19603
₽39210
₽31103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 107
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.

-
-
-
20 040
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.

-
-
-
6 469
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.

-
-
-
1 101
total
-
-
-
35 717
Employee

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

36 216
-
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.

56
-
1 101
-
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.

6 469
-
6 469
-
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.

1 012
-
20 040
-
total
7 537
-
27 610
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 284
95 500
-
-
trade
9 336
15 042
-
-
income
8 893
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.

489
787
-
-
chamber of commerce
228
280
-
-
total
18 946
30 434
-
-
Dividends
40 338
65 067
-
-
withholding
9 725
15 908
-
-
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.

535
875
-
-
total
10 260
16 783
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 743
47 217
27 610
35 717
After tax
58 757
48 283
67 890
59 783
Living cost
28 680
28 680
28 680
28 680
Free-cash
30 077
19 603
39 210
31 103

Estimated living cost  is ₽28680 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10336
₽11140
₽9952
₽9203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 460
municipal
-
-
-
9 946
national
-
-
-
15 412
total
-
-
-
37 845
Employee
75 110
-
82 559
-
national
14 376
-
15 985
-
municipal
9 277
-
10 316
-
pensions
3 004
-
3 302
-
total
26 657
-
29 603
-
Employer
75 110
-
82 559
-
pensions
6 009
-
6 605
-
social contributions
807
-
888
-
total
6 816
-
7 493
-
Corporate
8 616
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%.

1 723
19 100
-
-
total
1 723
19 100
-
-
Dividends
6 893
76 400
-
-
withholding
1 516
16 808
-
-
total
1 516
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 712
35 908
37 096
37 845
After tax
58 788
59 592
58 404
57 655
Living cost
48 452
48 452
48 452
48 452
Free-cash
10 336
11 140
9 952
9 203

Estimated living cost  is ₽48452 per week

₽32933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4504
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽725
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10291
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48934
₽56700
₽34120
₽31273
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

-
-
-
95 500
social contributions

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

-
-
-
30 703
income
-
-
-
13 825
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
44 528
Employee
27 668
-
76 960
-
surtax
-
-
-
-
social contributions

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

3 044
-
8 465
-
income
4 925
-
14 676
-
total
7 969
-
23 141
-
Employer
27 668
-
76 960
-
social contributions

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

6 665
-
18 540
-
surtax
-
-
-
-
total
6 665
-
18 540
-
Corporate
61 167
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%.

12 233
19 101
-
-
total
12 233
19 101
-
-
Dividends

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

48 934
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 867
19 101
41 681
44 528
After tax
68 633
76 399
53 819
50 972
Living cost
19 699
19 699
19 699
19 699
Free-cash
48 934
56 700
34 120
31 273

Estimated living cost  is ₽19699 per week

₽12567
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4808
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽750
₽6551
₽6695
₽14537
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 813
pensions
-
-
-
11 094
health
-
-
-
11 390
total
-
-
-
41 297
Employee
80 859
80 859
81 271
-
health
12 411
10 557
10 580
-
pensions
14 555
11 094
11 094
-
income

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

13 235
13 235
13 235
-
total
40 201
34 886
34 909
-
Employer
80 859
80 859
81 271
-
pensions
5 628
5 628
5 657
-
unemployment
2 911
2 911
2 925
-
health
5 621
5 621
5 648
-
total
14 160
14 160
14 230
-
Corporate
1 474
482
-
-
income
295
97
-
-
total
295
97
-
-
Dividends
1 179
385
-
-
withholding
176
57
-
-
income
252
83
-
-
total
428
140
-
-
Income
95 500
95 500
95 500
95 500
Total tax
55 084
49 283
49 139
41 297
After tax
40 416
46 217
46 361
54 203
Living cost
39 666
39 666
39 666
39 666
Free-cash
750
6 551
6 695
14 537

Estimated living cost  is ₽39666 per week

₽28110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3576
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7349
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12152
₽13030
₽11886
₽10481
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 961
unemployment
-
-
-
86
pensions
-
-
-
9 266
municipal
-
-
-
21 073
accident
-
-
-
171
national
-
-
-
-
health
-
-
-
5 349
total
-
-
-
45 906
Employee
55 732
-
72 668
-
national
-
-
-
-
municipal
16 619
-
21 670
-
total
16 619
-
21 670
-
Employer
55 732
-
72 668
-
other
6 476
-
8 444
-
accident
112
-
145
-
pensions
6 025
-
7 855
-
unemployment
1 471
-
1 918
-
health
3 428
-
4 469
-
total
17 512
-
22 831
-
Corporate
22 257
95 500
-
-
income
4 896
21 010
-
-
total
4 896
21 010
-
-
Dividends
17 360
74 490
-
-
withholding
5 208
22 347
-
-
total
5 208
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 235
43 357
44 501
45 906
After tax
51 265
52 143
50 999
49 594
Living cost
39 113
39 113
39 113
39 113
Free-cash
12 152
13 030
11 886
10 481

Estimated living cost  is ₽39113 per week

₽25922
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
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.
₽8758
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23899
₽10595
₽30693
₽22224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 469
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.

-
-
-
20 040
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.

-
-
-
6 469
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.

-
-
-
1 101
total
-
-
-
36 079
Employee

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

48 018
-
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.

226
-
1 101
-
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.

6 469
-
6 469
-
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.

4 126
-
20 040
-
total
10 821
-
27 610
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 482
95 500
-
-
trade
7 811
15 710
-
-
income
7 123
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.

392
787
-
-
chamber of commerce
212
280
-
-
total
15 538
31 102
-
-
Dividends
31 945
64 398
-
-
withholding
7 626
15 740
-
-
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.

419
866
-
-
total
8 045
16 606
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 404
47 708
27 610
36 079
After tax
61 096
47 792
67 890
59 421
Living cost
37 197
37 197
37 197
37 197
Free-cash
23 899
10 595
30 693
22 224

Estimated living cost  is ₽37197 per week

₽24878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3923
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details 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
₽35261
₽39187
₽36828
₽36924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 898
income
-
-
-
10 531
health
-
-
-
2 435
total
-
-
-
27 864
Employee
72 810
72 810
86 699
-
health
724
1 238
1 473
-
social contributions
3 538
6 043
7 196
-
income
7 646
6 740
10 490
-
total
11 908
14 021
19 159
-
Employer
72 810
72 810
86 699
-
social contributions
3 538
6 043
7 196
-
health
789
1 348
1 605
-
total
4 327
7 391
8 801
-
Corporate
48 554
15 300
-
-
income
6 070
1 912
-
-
total
6 070
1 912
-
-
Dividends
42 484
13 388
-
-
withholding
7 222
2 277
-
-
total
7 222
2 277
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 527
25 601
27 960
27 864
After tax
65 973
69 899
67 540
67 636
Living cost
30 712
30 712
30 712
30 712
Free-cash
35 261
39 187
36 828
36 924

Estimated living cost  is ₽30712 per week

₽20995
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2399
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36518
₽36151
₽37706
₽48502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 433
income
-
-
-
11 675
pensions
-
-
-
9 550
health
-
-
-
6 685
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.

25 485
10 143
79 916
-
unemployment
382
152
1 199
-
health
1 784
710
5 594
-
pensions
2 549
1 014
7 992
-
income
3 116
1 240
9 770
-
total
7 831
3 116
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.

25 485
10 143
79 916
-
pensions
4 970
1 978
15 584
-
total
4 970
1 978
15 584
-
Corporate
65 045
83 379
-
-
income
5 854
7 504
-
-
total
5 854
7 504
-
-
Dividends
59 191
75 875
-
-
withholding
11 246
14 416
-
-
social contributions
11 426
14 680
-
-
total
22 672
29 096
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 327
41 694
40 139
29 343
After tax
54 173
53 806
55 361
66 157
Living cost
17 655
17 655
17 655
17 655
Free-cash
36 518
36 151
37 706
48 502

Estimated living cost  is ₽17655 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3810
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47649
₽53529
₽32176
₽28317
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 797
pensions
-
-
-
19 101
health
-
-
-
12 415
total
-
-
-
44 313
Employee
26 861
-
71 374
-
unemployment
429
-
1 143
-
pensions
537
-
1 427
-
income
3 024
-
13 760
-
total
3 990
-
16 330
-
Employer
26 861
-
71 374
-
pensions
5 373
-
14 274
-
unemployment
216
-
571
-
health
3 491
-
9 279
-
total
9 080
-
24 124
-
Corporate
59 559
95 500
-
-
income
11 911
19 101
-
-
total
11 911
19 101
-
-
Dividends
47 648
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
24 981
19 101
40 454
44 313
After tax
70 519
76 399
55 046
51 187
Living cost
22 870
22 870
22 870
22 870
Free-cash
47 649
53 529
32 176
28 317

Estimated living cost  is ₽22870 per week

₽15687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1362
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4480
-₽13497
₽28024
₽44319
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
23 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
29 949
Employee
33 400
-
81 509
-
health
3 824
-
9 333
-
pensions
3 761
-
7 363
-
income
4 582
-
15 557
-
total
12 167
-
32 253
-
Employer
33 400
-
81 509
-
accident
558
-
1 361
-
pensions
5 431
-
10 633
-
unemployment
818
-
1 997
-
total
6 807
-
13 991
-
Corporate
55 293
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.

49 764
85 950
-
-
total
49 764
85 950
-
-
Dividends
5 529
9 550
-
-
withholding
1 050
1 815
-
-
total
1 050
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 788
87 765
46 244
29 949
After tax
25 712
7 735
49 256
65 551
Living cost
21 232
21 232
21 232
21 232
Free-cash
4 480
-13 497
28 024
44 319

Estimated living cost  is ₽21232 per week

₽15562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1176
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81754
₽83170
₽68845
₽86990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 443
-
95 500
-
income
1 888
-
19 100
-
total
1 888
-
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%.

86 057
95 500
-
-
total
-
-
-
-
Dividends
86 057
95 500
-
-
withholding
4 303
4 775
-
-
total
4 303
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 191
4 775
19 100
955
After tax
89 309
90 725
76 400
94 545
Living cost
7 555
7 555
7 555
7 555
Free-cash
81 754
83 170
68 845
86 990

Estimated living cost  is ₽7555 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38538
₽44934
₽30606
₽26480
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 537
income
-
-
-
12 129
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.

-
-
-
22 921
health
-
-
-
4 203
total
-
-
-
43 790
Employee
34 380
-
76 277
-
unemployment
343
-
764
-
health
482
-
1 067
-
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.

2 406
-
5 340
-
income
5 919
-
13 270
-
total
9 150
-
20 441
-
Employer
34 380
-
76 277
-
other
1 720
-
3 813
-
accident
275
-
611
-
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.

5 845
-
12 968
-
unemployment
343
-
764
-
health
482
-
1 067
-
total
8 665
-
19 223
-
Corporate
52 456
95 500
-
-
income
11 017
20 055
-
-
total
11 017
20 055
-
-
Dividends
41 439
75 445
-
-
withholding
2 900
5 281
-
-
total
2 900
5 281
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 732
25 336
39 664
43 790
After tax
63 768
70 164
55 836
51 710
Living cost
25 230
25 230
25 230
25 230
Free-cash
38 538
44 934
30 606
26 480

Estimated living cost  is ₽25230 per week

₽17827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1703
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽406
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5294
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4616
₽7658
-₽2491
₽6236
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 030
pensions
-
-
-
7 003
total
-
-
-
27 033
Employee
88 048
-
84 059
-
health
1 451
-
1 369
-
pensions
8 494
-
8 015
-
income
15 872
-
14 935
-
total
25 817
-
24 319
-
Employer
88 048
-
84 059
-
pensions
10 396
-
9 845
-
health
1 672
-
1 596
-
total
12 068
-
11 441
-
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
-
7 467
-
-
total
-
7 467
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 885
25 611
35 760
27 033
After tax
57 615
69 889
59 740
68 467
Living cost
62 231
62 231
62 231
62 231
Free-cash
-4 616
7 658
-2 491
6 236

Estimated living cost  is ₽62231 per week

₽46631
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7312
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7783
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽64833
₽69232
₽62896
₽59921
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
14 325
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
23 159
Employee
16 446
-
89 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
health
756
-
1 522
-
pensions

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

1 444
-
2 905
-
income
1 644
-
8 901
-
total
4 025
-
13 692
-
Employer
16 446
-
89 008
-
accident

We are using the highest rate at 1.1%.

181
-
364
-
pensions

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

1 812
-
3 646
-
unemployment
98
-
199
-
health
1 135
-
2 283
-
total
3 226
-
6 492
-
Corporate
75 827
95 500
-
-
income
7 583
9 550
-
-
total
7 583
9 550
-
-
Dividends
68 245
85 950
-
-
withholding
3 413
4 298
-
-
total
3 413
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 247
13 848
20 184
23 159
After tax
77 253
81 652
75 316
72 341
Living cost
12 420
12 420
12 420
12 420
Free-cash
64 833
69 232
62 896
59 921

Estimated living cost  is ₽12420 per week

₽7251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽329
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7656
-₽6288
-₽6144
₽1698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 813
pensions
-
-
-
11 094
health
-
-
-
11 390
total
-
-
-
41 297
Employee
87 787
80 859
81 271
-
health
10 952
10 557
10 580
-
pensions
11 094
11 094
11 094
-
income

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

13 235
13 235
13 235
-
total
35 281
34 886
34 909
-
Employer
87 787
80 859
81 271
-
pensions
6 109
5 628
5 657
-
unemployment
3 161
2 911
2 925
-
health
6 100
5 621
5 648
-
total
15 370
14 160
14 230
-
Corporate
-
482
-
-
income
-
97
-
-
total
-
97
-
-
Dividends
-
385
-
-
withholding
-
57
-
-
income
-
83
-
-
total
-
140
-
-
Income
95 500
95 500
95 500
95 500
Total tax
50 651
49 283
49 139
41 297
After tax
44 849
46 217
46 361
54 203
Living cost
52 505
52 505
52 505
52 505
Free-cash
-7 656
-6 288
-6 144
1 698

Estimated living cost  is ₽52505 per week

₽38731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽602
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33706
₽42132
₽24844
₽22894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
27 886
income
-
-
-
8 208
health
-
-
-
12 892
solidarity contribution
-
-
-
-
total
-
-
-
48 986
Employee
34 735
-
71 269
-
solidarity contribution
-
-
-
-
health
4 689
-
9 621
-
social contributions
2 258
-
4 632
-
income
4 168
-
8 552
-
total
11 115
-
22 805
-
Employer
34 735
-
71 269
-
social contributions
8 684
-
17 817
-
health
3 126
-
6 414
-
total
11 810
-
24 231
-
Corporate
48 955
95 500
-
-
income
9 301
18 145
-
-
total
9 301
18 145
-
-
Dividends
39 653
77 355
-
-
withholding
5 948
11 603
-
-
total
5 948
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 174
29 748
47 036
48 986
After tax
57 326
65 752
48 464
46 514
Living cost
23 620
23 620
23 620
23 620
Free-cash
33 706
42 132
24 844
22 894

Estimated living cost  is ₽23620 per week

₽16407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6055
₽10998
₽4473
₽9016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 055
social contributions
-
-
-
24 563
municipal
-
-
-
568
national
-
-
-
20 344
total
-
-
-
46 530
Employee
84 152
-
95 500
-
national
14 582
-
17 440
-
regional
794
-
923
-
municipal
446
-
507
-
social contributions
28 376
-
32 203
-
total
44 198
-
51 073
-
Employer
84 152
-
95 500
-
total
-
-
-
-
Corporate
11 348
95 500
-
-
nationa
2 724
22 921
-
-
municipal
442
3 725
-
-
total
3 166
26 646
-
-
Dividends
8 182
68 854
-
-
withholding
2 127
17 902
-
-
total
2 127
17 902
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 491
44 548
51 073
46 530
After tax
46 009
50 952
44 427
48 970
Living cost
39 954
39 954
39 954
39 954
Free-cash
6 055
10 998
4 473
9 016

Estimated living cost  is ₽39954 per week

₽27851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽613
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8869
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36228
₽39175
₽26306
₽28154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
18 132
pensions
-
-
-
19 101
health
-
-
-
6 780
surtax
-
-
-
2 223
total
-
-
-
46 452
Employee
31 312
-
78 892
-
surtax
102
-
2 009
-
unemployment
2 180
-
5 491
-
other
-
-
-
-
health
800
-
2 012
-
pensions
2 088
-
5 261
-
income
5 249
-
16 919
-
total
10 419
-
31 692
-
Employer
31 312
-
78 892
-
other
-
-
-
-
pensions
4 174
-
10 517
-
unemployment
992
-
2 501
-
health
1 425
-
3 590
-
total
6 591
-
16 608
-
Corporate
57 597
95 500
-
-
income
14 975
24 831
-
-
total
14 975
24 831
-
-
Dividends
42 622
70 669
-
-
withholding
6 393
10 600
-
-
total
6 393
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 378
35 431
48 300
46 452
After tax
57 122
60 069
47 200
49 048
Living cost
20 894
20 894
20 894
20 894
Free-cash
36 228
39 175
26 306
28 154

Estimated living cost  is ₽20894 per week

₽12776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1928
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21717
₽27374
₽17225
₽25952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 030
pensions
-
-
-
7 003
total
-
-
-
27 033
Employee
59 007
-
84 059
-
health
857
-
1 369
-
pensions
5 008
-
8 015
-
income
10 628
-
14 935
-
total
16 493
-
24 319
-
Employer
59 007
-
84 059
-
pensions
6 388
-
9 845
-
health
1 121
-
1 596
-
total
7 509
-
11 441
-
Corporate
28 984
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.

5 506
18 144
-
-
total
5 506
18 144
-
-
Dividends
23 478
77 356
-
-
withholding
1 760
7 467
-
-
total
1 760
7 467
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 268
25 611
35 760
27 033
After tax
64 232
69 889
59 740
68 467
Living cost
42 515
42 515
42 515
42 515
Free-cash
21 717
27 374
17 225
25 952

Estimated living cost  is ₽42515 per week

₽31852
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽630
-₽31330
-₽23
₽4807
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 911
city
-
-
-
1 006
regional
-
-
-
3 198
pensions
-
-
-
8 786
national
-
-
-
547
health
-
-
-
245
total
-
-
-
15 693
Employee
87 769
-
85 478
-
national
415
-
396
-
unemployment
-
-
-
-
city
942
-
919
-
regional
2 874
-
2 751
-
health
198
-
193
-
pensions
7 374
-
7 181
-
total
11 803
-
11 440
-
Employer
87 769
-
85 478
-
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.

1 755
-
1 709
-
pensions
7 374
-
7 181
-
unemployment
-
-
-
-
health
198
-
193
-
total
9 327
-
9 083
-
Corporate
-
95 500
-
-
regional
-
20 199
-
-
national
-
8 117
-
-
total
-
28 316
-
-
Dividends
-
67 184
-
-
withholding
-
23 514
-
-
total
-
23 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 130
51 830
20 523
15 693
After tax
74 370
43 670
74 977
79 807
Living cost
75 000
75 000
75 000
75 000
Free-cash
-630
-31 330
-23
4 807

Estimated living cost  is ₽75000 per week

₽48771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6730
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽921
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽19280
₽3924
₽24513
₽15686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 828
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.

-
-
-
20 040
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.

-
-
-
6 469
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.

-
-
-
1 101
total
-
-
-
36 438
Employee

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

56 905
-
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.

368
-
1 101
-
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.

6 469
-
6 469
-
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.

6 692
-
20 040
-
total
13 529
-
27 610
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 595
95 500
-
-
trade
6 620
16 378
-
-
income
5 789
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.

318
787
-
-
chamber of commerce
198
279
-
-
total
12 925
31 769
-
-
Dividends
25 670
63 732
-
-
withholding
6 057
15 573
-
-
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.

332
857
-
-
total
6 389
16 430
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 843
48 199
27 610
36 438
After tax
62 657
47 301
67 890
59 062
Living cost
43 376
43 376
43 376
43 376
Free-cash
19 280
3 924
24 513
15 686

Estimated living cost  is ₽43376 per week

₽31680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7664
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21328
₽15737
₽27808
₽22573
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 965
social contributions
-
-
-
2 720
income
-
-
-
9 210
pensions
-
-
-
23 823
health
-
-
-
1 813
surtax
-
-
-
-
total
-
-
-
40 531
Employee
40 525
-
77 517
-
surtax
-
-
-
-
pensions
4 582
-
3 687
-
social contributions
1 155
-
2 208
-
income
2 392
-
11 417
-
total
8 129
-
17 312
-
Employer
40 525
-
77 517
-
other
1 398
-
2 674
-
pensions
6 657
-
6 512
-
unemployment
1 641
-
3 139
-
social contributions
122
-
232
-
health
2 837
-
5 427
-
total
12 655
-
17 984
-
Corporate
42 320
95 500
-
-
income
11 850
26 741
-
-
surtax
-
-
-
-
total
11 850
26 741
-
-
Dividends
30 470
68 759
-
-
withholding
3 901
8 801
-
-
social contributions
5 241
11 825
-
-
surtax
-
-
-
-
total
9 142
20 626
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 776
47 367
35 296
40 531
After tax
53 724
48 133
60 204
54 969
Living cost
32 396
32 396
32 396
32 396
Free-cash
21 328
15 737
27 808
22 573

Estimated living cost  is ₽32396 per week

₽20427
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24208
₽18947
₽31018
₽25783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 965
social contributions
-
-
-
2 720
income
-
-
-
9 210
pensions
-
-
-
23 823
health
-
-
-
1 813
surtax
-
-
-
-
total
-
-
-
40 531
Employee
36 174
-
77 517
-
surtax
-
-
-
-
pensions
4 091
-
3 687
-
social contributions
1 031
-
2 208
-
income
1 865
-
11 417
-
total
6 987
-
17 312
-
Employer
36 174
-
77 517
-
other
1 249
-
2 674
-
pensions
5 944
-
6 512
-
unemployment
1 464
-
3 139
-
social contributions
108
-
232
-
health
2 532
-
5 427
-
total
11 297
-
17 984
-
Corporate
48 029
95 500
-
-
income
13 448
26 741
-
-
surtax
-
-
-
-
total
13 448
26 741
-
-
Dividends
34 582
68 759
-
-
withholding
4 426
8 801
-
-
social contributions
5 948
11 825
-
-
surtax
-
-
-
-
total
10 374
20 626
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 106
47 367
35 296
40 531
After tax
53 394
48 133
60 204
54 969
Living cost
29 186
29 186
29 186
29 186
Free-cash
24 208
18 947
31 018
25 783

Estimated living cost  is ₽29186 per week

₽16926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38675
₽38186
₽41377
₽41253
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
13 178
income
-
-
-
14 325
health
-
-
-
6 666
total
-
-
-
34 169
Employee
32 104
-
95 500
-
health
2 241
-
6 666
-
social contributions
4 431
-
13 178
-
income
5 355
-
14 201
-
total
12 027
-
34 045
-
Employer
32 104
-
95 500
-
total
-
-
-
-
Corporate
63 396
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%.

3 170
4 774
-
-
total
3 170
4 774
-
-
Dividends
60 226
90 726
-
-
health
4 205
6 332
-
-
withholding
9 035
13 609
-
-
social contributions
8 310
12 521
-
-
total
21 550
32 462
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 747
37 236
34 045
34 169
After tax
58 753
58 264
61 455
61 331
Living cost
20 078
20 078
20 078
20 078
Free-cash
38 675
38 186
41 377
41 253

Estimated living cost  is ₽20078 per week

₽13437
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4940
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18689
₽20155
-₽4497
₽14923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
383
unemployment
-
-
-
5 807
income
-
-
-
15 863
pensions
-
-
-
17 667
health
-
-
-
7 306
surtax
-
-
-
187
total
-
-
-
47 213
Employee
47 320
37 734
74 013
-
unemployment
1 420
1 132
2 221
-
other
473
377
740
-
health
1 831
1 461
2 864
-
pensions
4 846
3 863
7 579
-
income
5 387
2 783
14 136
-
total
13 957
9 616
27 540
-
Employer
47 320
37 734
74 013
-
payroll
1 420
1 132
2 221
-
other
2 248
1 791
3 515
-
accident
615
491
961
-
pensions
5 939
4 737
9 288
-
unemployment
1 420
1 132
2 221
-
chamber of commerce
189
151
296
-
surtax
187
187
187
-
health
1 788
1 427
2 798
-
total
13 806
11 048
21 487
-
Corporate
34 376
46 719
70 419
-
income

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

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

8 594
11 680
17 606
-
total
8 594
11 680
17 606
-
Dividends
25 782
35 039
-
-
withholding
7 090
9 637
-
-
total
7 090
9 637
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 447
41 981
66 633
47 213
After tax
52 053
53 519
28 867
48 287
Living cost
33 364
33 364
33 364
33 364
Free-cash
18 689
20 155
-4 497
14 923

Estimated living cost  is ₽33364 per week

₽22252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2846
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7718
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4832
₽19031
₽2658
₽10230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 943
national
-
-
-
30 969
communal

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

-
-
-
4 834
total
-
-
-
50 746
Employee

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

67 730
-
73 970
-
national
20 823
-
23 265
-
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.

589
-
643
-
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.

3 182
-
3 475
-
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.

5 080
-
5 547
-
communal

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

3 533
-
3 858
-
total
33 207
-
36 788
-
Employer

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

67 730
-
73 970
-
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.

880
-
961
-
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.

6 002
-
6 553
-
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.

988
-
1 080
-
surtax
7 680
-
8 388
-
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.

4 165
-
4 548
-
total
19 715
-
21 530
-
Corporate
8 055
95 500
-
-
income
1 612
19 101
-
-
surtax
32
383
-
-
total
1 644
19 484
-
-
Dividends
6 411
76 017
-
-
withholding

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

1 578
22 461
-
-
total
1 578
22 461
-
-
Income
95 500
95 500
95 500
95 500
Total tax
56 144
41 945
58 318
50 746
After tax
39 356
53 555
37 182
44 754
Living cost
34 524
34 524
34 524
34 524
Free-cash
4 832
19 031
2 658
10 230

Estimated living cost  is ₽34524 per week

₽22238
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8727
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22604
₽30149
₽16253
₽17106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
17 869
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
44 199
Employee
47 133
-
72 412
-
unemployment
731
-
1 123
-
other
47
-
72
-
pensions
2 216
-
3 403
-
income
9 945
-
17 368
-
total
12 939
-
21 966
-
Employer
47 133
-
72 412
-
other
376
-
580
-
accident
933
-
1 434
-
pensions
11 123
-
17 090
-
unemployment
2 593
-
3 982
-
total
15 025
-
23 086
-
Corporate
33 344
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.

5 001
14 325
-
-
total
5 001
14 325
-
-
Dividends
28 343
81 175
-
-
withholding
5 736
16 831
-
-
total
5 736
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 701
31 156
45 052
44 199
After tax
56 799
64 344
50 448
51 301
Living cost
34 195
34 195
34 195
34 195
Free-cash
22 604
30 149
16 253
17 106

Estimated living cost  is ₽34195 per week

₽25181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2426
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽483
₽6970
₽7370
₽3105
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 339
pensions
-
-
-
14 314
accident
-
-
-
805
communal
-
-
-
6 036
health
-
-
-
6 709
surtax
-
-
-
4 735
total
-
-
-
40 938
Employee
71 706
-
85 306
-
surtax
4 395
-
5 227
-
health
3 191
-
3 797
-
pensions
5 736
-
6 824
-
income
6 926
-
10 632
-
total
20 248
-
26 480
-
Employer
71 706
-
85 306
-
accident
645
-
767
-
pensions
5 736
-
6 824
-
health
2 187
-
2 602
-
total
8 568
-
10 193
-
Corporate
15 227
95 500
-
-
income
2 284
14 325
-
-
communal
-
6 447
-
-
surtax
160
1 003
-
-
total
2 444
21 775
-
-
Dividends
12 783
73 726
-
-
withholding
1 917
11 060
-
-
income
10 383
4 238
-
-
total
12 300
15 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 560
37 073
36 673
40 938
After tax
51 940
58 427
58 827
54 562
Living cost
51 457
51 457
51 457
51 457
Free-cash
483
6 970
7 370
3 105

Estimated living cost  is ₽51457 per week

₽38600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3118
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35790
₽38801
₽25932
₽27780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
216
income
-
-
-
18 132
pensions
-
-
-
19 101
health
-
-
-
6 780
surtax
-
-
-
2 223
total
-
-
-
46 452
Employee
31 887
-
78 892
-
surtax
113
-
2 009
-
unemployment
2 219
-
5 491
-
other
-
-
-
-
health
814
-
2 012
-
pensions
2 127
-
5 261
-
income
5 346
-
16 919
-
total
10 619
-
31 692
-
Employer
31 887
-
78 892
-
other
-
-
-
-
pensions
4 251
-
10 517
-
unemployment
1 012
-
2 501
-
health
1 450
-
3 590
-
total
6 713
-
16 608
-
Corporate
56 900
95 500
-
-
income
14 794
24 831
-
-
total
14 794
24 831
-
-
Dividends
42 106
70 669
-
-
withholding
6 316
10 600
-
-
total
6 316
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 442
35 431
48 300
46 452
After tax
57 058
60 069
47 200
49 048
Living cost
21 268
21 268
21 268
21 268
Free-cash
35 790
38 801
25 932
27 780

Estimated living cost  is ₽21268 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1849
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6086
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22587
₽24690
₽18558
₽23078
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 440
social contributions
-
-
-
24 563
municipal
-
-
-
568
national
-
-
-
20 344
total
-
-
-
46 915
Employee
52 524
-
95 500
-
national
8 321
-
17 440
-
regional
707
-
1 285
-
municipal
279
-
507
-
social contributions
17 712
-
32 203
-
total
27 019
-
51 435
-
Employer
52 524
-
95 500
-
total
-
-
-
-
Corporate
42 976
95 500
-
-
nationa
10 314
22 921
-
-
municipal
2 136
4 746
-
-
total
12 450
27 667
-
-
Dividends
30 525
67 834
-
-
withholding
7 937
17 636
-
-
total
7 937
17 636
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 406
45 303
51 435
46 915
After tax
48 094
50 197
44 065
48 585
Living cost
25 507
25 507
25 507
25 507
Free-cash
22 587
24 690
18 558
23 078

Estimated living cost  is ₽25507 per week

₽15863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2584
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26264
₽36646
₽19358
₽17408
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
27 886
income
-
-
-
8 208
health
-
-
-
12 892
solidarity contribution
-
-
-
-
total
-
-
-
48 986
Employee
42 803
-
71 269
-
solidarity contribution
-
-
-
-
health
5 778
-
9 621
-
social contributions
2 782
-
4 632
-
income
5 136
-
8 552
-
total
13 696
-
22 805
-
Employer
42 803
-
71 269
-
social contributions
10 701
-
17 817
-
health
3 852
-
6 414
-
total
14 553
-
24 231
-
Corporate
38 144
95 500
-
-
income
7 247
18 145
-
-
total
7 247
18 145
-
-
Dividends
30 897
77 355
-
-
withholding
4 634
11 603
-
-
total
4 634
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 130
29 748
47 036
48 986
After tax
55 370
65 752
48 464
46 514
Living cost
29 106
29 106
29 106
29 106
Free-cash
26 264
36 646
19 358
17 408

Estimated living cost  is ₽29106 per week

₽21645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5345
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22945
₽23415
-₽1309
₽18266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
383
unemployment
-
-
-
5 807
income
-
-
-
15 863
pensions
-
-
-
17 667
health
-
-
-
7 306
surtax
-
-
-
-
total
-
-
-
47 026
Employee
41 390
37 734
74 157
-
unemployment
1 242
1 132
2 225
-
other
413
377
742
-
health
1 601
1 461
2 870
-
pensions
4 239
3 863
7 594
-
income
3 687
2 783
14 184
-
total
11 182
9 616
27 615
-
Employer
41 390
37 734
74 157
-
payroll
1 242
1 132
2 225
-
other
1 966
1 791
3 524
-
accident
537
491
965
-
pensions
5 195
4 737
9 306
-
unemployment
1 242
1 132
2 225
-
chamber of commerce
165
151
296
-
surtax
-
-
-
-
health
1 565
1 427
2 803
-
total
11 912
10 861
21 344
-
Corporate
42 198
46 906
70 563
-
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.

10 549
11 726
17 642
-
total
10 549
11 726
17 642
-
Dividends
31 649
35 179
-
-
withholding
8 704
9 674
-
-
total
8 704
9 674
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 347
41 877
66 601
47 026
After tax
53 153
53 623
28 899
48 474
Living cost
30 208
30 208
30 208
30 208
Free-cash
22 945
23 415
-1 309
18 266

Estimated living cost  is ₽30208 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3085
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.
₽8463
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76745
₽78952
₽64627
₽82772
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 716
-
95 500
-
income
2 943
-
19 100
-
total
2 943
-
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%.

80 784
95 500
-
-
total
-
-
-
-
Dividends
80 784
95 500
-
-
withholding
4 039
4 775
-
-
total
4 039
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 982
4 775
19 100
955
After tax
88 518
90 725
76 400
94 545
Living cost
11 773
11 773
11 773
11 773
Free-cash
76 745
78 952
64 627
82 772

Estimated living cost  is ₽11773 per week

₽7967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32435
₽40354
₽21241
₽23976
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
144
income
-
-
-
19 145
pensions
-
-
-
17 440
health
-
-
-
9 398
total
-
-
-
46 127
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.

41 871
-
82 633
-
unemployment
59
-
115
-
health
2 704
-
5 338
-
pensions
6 490
-
12 808
-
income
7 221
-
17 734
-
total
16 474
-
35 995
-
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.

41 871
-
82 633
-
pensions
3 705
-
7 313
-
unemployment
25
-
50
-
health
2 789
-
5 504
-
total
6 519
-
12 867
-
Corporate
47 110
95 500
-
-
income
8 950
18 145
-
-
total
8 950
18 145
-
-
Dividends
38 160
77 355
-
-
withholding
5 725
11 604
-
-
total
5 725
11 604
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 668
29 749
48 862
46 127
After tax
57 832
65 751
46 638
49 373
Living cost
25 397
25 397
25 397
25 397
Free-cash
32 435
40 354
21 241
23 976

Estimated living cost  is ₽25397 per week

₽17430
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44476
₽17595
₽42643
₽25491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
10 887
income
-
-
-
18 615
total
-
-
-
29 502
Employee
58 081
-
-
-
social contributions
4 763
-
679
-
income
12 812
-
-
-
total
17 575
-
679
-
Employer
58 081
-
-
-
social contributions
81 894
-
11 671
-
total
81 894
-
11 671
-
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
99 469
37 398
12 350
29 502
After tax
-3 969
58 102
83 150
65 998
Living cost
40 507
40 507
40 507
40 507
Free-cash
-44 476
17 595
42 643
25 491

Estimated living cost  is ₽40507 per week

₽26282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3810
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9898
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23667
₽24621
₽18779
₽23667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
95 500
social contributions

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

-
-
-
33 186
income
-
-
-
8 947
surtax
-
-
-
-
total
-
-
-
42 133
Employee
43 549
-
77 172
-
surtax
-
-
-
-
social contributions
4 790
-
8 488
-
income
9 058
-
20 205
-
total
13 848
-
28 693
-
Employer
43 549
-
77 172
-
social contributions
10 343
-
18 328
-
total
10 343
-
18 328
-
Corporate
41 609
95 500
-
-
income
8 738
20 055
-
-
surtax
-
-
-
-
total
8 738
20 055
-
-
Dividends
32 871
75 445
-
-
withholding
9 204
21 124
-
-
total
9 204
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 133
41 179
47 021
42 133
After tax
53 367
54 321
48 479
53 367
Living cost
29 700
29 700
29 700
29 700
Free-cash
23 667
24 621
18 779
23 667

Estimated living cost  is ₽29700 per week

₽22222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8909
₽2401
₽14472
₽9237
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 965
social contributions
-
-
-
2 720
income
-
-
-
9 210
pensions
-
-
-
23 823
health
-
-
-
1 813
surtax
-
-
-
-
total
-
-
-
40 531
Employee
59 304
-
77 517
-
surtax
-
-
-
-
pensions
6 708
-
3 687
-
social contributions
1 689
-
2 208
-
income
5 174
-
11 417
-
total
13 571
-
17 312
-
Employer
59 304
-
77 517
-
other
2 047
-
2 674
-
pensions
9 744
-
6 512
-
unemployment
2 402
-
3 139
-
social contributions
178
-
232
-
health
4 151
-
5 427
-
total
18 522
-
17 984
-
Corporate
17 674
95 500
-
-
income
4 949
26 741
-
-
surtax
-
-
-
-
total
4 949
26 741
-
-
Dividends
12 725
68 759
-
-
withholding
1 628
8 801
-
-
social contributions
2 189
11 825
-
-
surtax
-
-
-
-
total
3 817
20 626
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 859
47 367
35 296
40 531
After tax
54 641
48 133
60 204
54 969
Living cost
45 732
45 732
45 732
45 732
Free-cash
8 909
2 401
14 472
9 237

Estimated living cost  is ₽45732 per week

₽30951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽627
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54307
₽57488
₽46867
₽44327
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 700
social contributions
-
-
-
21 011
total
-
-
-
22 711
Employee
30 441
-
82 685
-
social contributions
1 978
-
5 374
-
income
-
-
1 982
-
total
1 978
-
7 356
-
Employer
30 441
-
82 685
-
social contributions
4 719
-
12 815
-
total
4 719
-
12 815
-
Corporate
60 341
95 500
-
-
income
6 034
9 550
-
-
total
6 034
9 550
-
-
Dividends
54 307
85 950
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 731
9 550
20 171
22 711
After tax
82 769
85 950
75 329
72 789
Living cost
28 462
28 462
28 462
28 462
Free-cash
54 307
57 488
46 867
44 327

Estimated living cost  is ₽28462 per week

₽18403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽535
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7378
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽110558
-₽110558
-₽110558
₽13634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
820
municipal
-
-
-
17 782
labour market
-
-
-
7 574
national
-
-
-
10 142
total
-
-
-
36 318
Employee
192 245
192 245
192 245
-
national
23 486
23 486
23 486
-
municipal
40 937
40 937
40 937
-
labour market
15 358
15 358
15 358
-
pensions
273
273
273
-
total
80 054
80 054
80 054
-
Employer
192 245
192 245
192 245
-
municipal
41 003
41 003
41 003
-
pensions
547
547
547
-
national
23 527
23 527
23 527
-
labour market
15 380
15 380
15 380
-
total
80 457
80 457
80 457
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
160 511
160 511
160 511
36 318
After tax
-65 011
-65 011
-65 011
59 182
Living cost
45 548
45 548
45 548
45 548
Free-cash
-110 558
-110 558
-110 558
13 634

Estimated living cost  is ₽45548 per week

₽31173
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽700
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9644
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4527
-₽13184
₽28337
₽44632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
23 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
29 949
Employee
32 907
-
81 509
-
health
3 768
-
9 333
-
pensions
3 706
-
7 363
-
income
4 515
-
15 557
-
total
11 989
-
32 253
-
Employer
32 907
-
81 509
-
accident
549
-
1 361
-
pensions
5 351
-
10 633
-
unemployment
806
-
1 997
-
total
6 706
-
13 991
-
Corporate
55 886
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.

50 297
85 950
-
-
total
50 297
85 950
-
-
Dividends
5 589
9 550
-
-
withholding
1 062
1 815
-
-
total
1 062
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
70 054
87 765
46 244
29 949
After tax
25 446
7 735
49 256
65 551
Living cost
20 919
20 919
20 919
20 919
Free-cash
4 527
-13 184
28 337
44 632

Estimated living cost  is ₽20919 per week

₽15227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1193
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25107
₽27082
₽18063
₽31370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
16 997
national
-
-
-
9 704
health
-
-
-
1 076
total
-
-
-
27 777
Employee
49 817
-
80 340
-
national
823
-
5 335
-
unemployment
747
-
1 206
-
health
372
-
843
-
municipal
8 160
-
13 117
-
pensions
3 362
-
5 423
-
total
13 464
-
25 924
-
Employer
49 817
-
80 340
-
accident
50
-
81
-
pensions
8 643
-
13 938
-
unemployment
323
-
523
-
health
383
-
618
-
total
9 399
-
15 160
-
Corporate
36 284
95 500
-
-
income
7 258
19 101
-
-
total
7 258
19 101
-
-
Dividends

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

21 770
57 300
-
-
municipal
3 919
10 314
-
-
national
-
2 650
-
-
total
3 919
12 964
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 040
32 065
41 084
27 777
After tax
61 460
63 435
54 416
67 723
Living cost
36 353
36 353
36 353
36 353
Free-cash
25 107
27 082
18 063
31 370

Estimated living cost  is ₽36353 per week

₽23746
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8533
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42823
₽47976
₽45617
₽45713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
14 898
income
-
-
-
10 531
health
-
-
-
2 435
total
-
-
-
27 864
Employee
72 810
72 810
86 699
-
health
564
1 238
1 473
-
social contributions
2 753
6 043
7 196
-
income
7 928
6 740
10 490
-
total
11 245
14 021
19 159
-
Employer
72 810
72 810
86 699
-
social contributions
2 753
6 043
7 196
-
health
613
1 348
1 605
-
total
3 366
7 391
8 801
-
Corporate
58 967
15 300
-
-
income
7 371
1 912
-
-
total
7 371
1 912
-
-
Dividends
51 596
13 388
-
-
withholding
8 772
2 277
-
-
total
8 772
2 277
-
-
Income
95 500
95 500
95 500
95 500
Total tax
30 754
25 601
27 960
27 864
After tax
64 746
69 899
67 540
67 636
Living cost
21 923
21 923
21 923
21 923
Free-cash
42 823
47 976
45 617
45 713

Estimated living cost  is ₽21923 per week

₽13139
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59233
₽64051
₽43864
₽61862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
27
income
-
-
-
9 128
pensions
-
-
-
6 023
health
-
-
-
3 427
total
-
-
-
18 605
Employee

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

21 734
-
86 582
-
unemployment
108
-
433
-
health
1 847
-
7 360
-
pensions
3 260
-
12 988
-
income
1 486
-
6 904
-
total
6 701
-
27 685
-
Employer

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

21 734
-
86 582
-
pensions
1 195
-
4 762
-
unemployment
108
-
433
-
health
934
-
3 723
-
total
2 237
-
8 918
-
Corporate
71 529
95 500
-
-
income
6 438
8 594
-
-
total
6 438
8 594
-
-
Dividends
65 091
86 906
-
-
withholding
5 858
7 822
-
-
total
5 858
7 822
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 234
16 416
36 603
18 605
After tax
74 266
79 084
58 897
76 895
Living cost
15 033
15 033
15 033
15 033
Free-cash
59 233
64 051
43 864
61 862

Estimated living cost  is ₽15033 per week

₽9592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1084
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33339
₽38306
₽24410
₽25263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
17 869
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
44 199
Employee
35 011
-
72 412
-
unemployment
543
-
1 123
-
other
34
-
72
-
pensions
1 646
-
3 403
-
income
6 750
-
17 368
-
total
8 973
-
21 966
-
Employer
35 011
-
72 412
-
other
280
-
580
-
accident
694
-
1 434
-
pensions
8 262
-
17 090
-
unemployment
1 926
-
3 982
-
total
11 162
-
23 086
-
Corporate
49 327
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.

7 399
14 325
-
-
total
7 399
14 325
-
-
Dividends
41 927
81 175
-
-
withholding
8 589
16 831
-
-
total
8 589
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 123
31 156
45 052
44 199
After tax
59 377
64 344
50 448
51 301
Living cost
26 038
26 038
26 038
26 038
Free-cash
33 339
38 306
24 410
25 263

Estimated living cost  is ₽26038 per week

₽17575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5504
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57500
₽57795
₽59094
₽59223
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 219
pensions
-
-
-
1 311
health
-
-
-
950
total
-
-
-
34 480
Employee
2 738
-
94 025
-
unemployment
27
-
66
-
health
137
-
328
-
pensions
246
-
590
-
income
530
-
32 150
-
total
940
-
33 134
-
Employer
2 738
-
94 025
-
pensions
301
-
721
-
unemployment
55
-
131
-
health
260
-
623
-
total
616
-
1 475
-
Corporate
92 147
95 500
-
-
income
20 272
21 010
-
-
total
20 272
21 010
-
-
Dividends
71 874
74 490
-
-
withholding
14 375
14 898
-
-
total
14 375
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 203
35 908
34 609
34 480
After tax
59 297
59 592
60 891
61 020
Living cost
1 797
1 797
1 797
1 797
Free-cash
57 500
57 795
59 094
59 223

Estimated living cost  is ₽1797 per week

₽1068
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽146
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48002
₽52653
₽34297
₽34295
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 048
income
-
-
-
18 454
pensions
-
-
-
18 162
health
-
-
-
7 195
total
-
-
-
44 859
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.

24 649
-
82 996
-
unemployment
185
-
524
-
health
1 269
-
3 597
-
pensions
3 451
-
9 779
-
income
3 398
-
18 454
-
total
8 303
-
32 354
-
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.

24 649
-
82 996
-
pensions
2 958
-
8 382
-
unemployment
185
-
524
-
health
1 269
-
3 597
-
total
4 412
-
12 503
-
Corporate
66 439
95 500
-
-
income
9 966
14 325
-
-
total
9 966
14 325
-
-
Dividends
56 473
81 175
-
-
withholding
8 471
12 176
-
-
total
8 471
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 152
26 501
44 857
44 859
After tax
64 348
68 999
50 643
50 641
Living cost
16 346
16 346
16 346
16 346
Free-cash
48 002
52 653
34 297
34 295

Estimated living cost  is ₽16346 per week

₽11006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28453
₽28794
₽22952
₽27840
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

-
-
-
95 500
social contributions

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

-
-
-
33 186
income
-
-
-
8 947
surtax
-
-
-
-
total
-
-
-
42 133
Employee
36 750
-
77 172
-
surtax
-
-
-
-
social contributions
4 043
-
8 488
-
income
7 181
-
20 205
-
total
11 224
-
28 693
-
Employer
36 750
-
77 172
-
social contributions
8 727
-
18 328
-
total
8 727
-
18 328
-
Corporate
50 023
95 500
-
-
income
10 504
20 055
-
-
surtax
-
-
-
-
total
10 504
20 055
-
-
Dividends
39 518
75 445
-
-
withholding
11 065
21 124
-
-
total
11 065
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 520
41 179
47 021
42 133
After tax
53 980
54 321
48 479
53 367
Living cost
25 527
25 527
25 527
25 527
Free-cash
28 453
28 794
22 952
27 840

Estimated living cost  is ₽25527 per week

₽18080
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1774
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23844
₽31067
₽17171
₽18024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
unemployment
-
-
-
615
income
-
-
-
17 869
pensions
-
-
-
24 836
accident
-
-
-
791
total
-
-
-
44 199
Employee
45 729
-
72 412
-
unemployment
708
-
1 123
-
other
45
-
72
-
pensions
2 149
-
3 403
-
income
9 551
-
17 368
-
total
12 453
-
21 966
-
Employer
45 729
-
72 412
-
other
367
-
580
-
accident
906
-
1 434
-
pensions
10 792
-
17 090
-
unemployment
2 516
-
3 982
-
total
14 581
-
23 086
-
Corporate
35 191
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.

5 279
14 325
-
-
total
5 279
14 325
-
-
Dividends
29 912
81 175
-
-
withholding
6 066
16 831
-
-
total
6 066
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 379
31 156
45 052
44 199
After tax
57 121
64 344
50 448
51 301
Living cost
33 277
33 277
33 277
33 277
Free-cash
23 844
31 067
17 171
18 024

Estimated living cost  is ₽33277 per week

₽23898
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2587
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6323
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59584
₽65357
₽59021
₽56046
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
132
income
-
-
-
14 325
pensions

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

-
-
-
4 897
health
-
-
-
3 805
total
-
-
-
23 159
Employee
21 577
-
89 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
health
993
-
1 522
-
pensions

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

1 894
-
2 905
-
income
2 158
-
8 901
-
total
5 282
-
13 692
-
Employer
21 577
-
89 008
-
accident

We are using the highest rate at 1.1%.

237
-
364
-
pensions

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

2 378
-
3 646
-
unemployment
130
-
199
-
health
1 489
-
2 283
-
total
4 234
-
6 492
-
Corporate
69 689
95 500
-
-
income
6 969
9 550
-
-
total
6 969
9 550
-
-
Dividends
62 720
85 950
-
-
withholding
3 136
4 298
-
-
total
3 136
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 621
13 848
20 184
23 159
After tax
75 879
81 652
75 316
72 341
Living cost
16 295
16 295
16 295
16 295
Free-cash
59 584
65 357
59 021
56 046

Estimated living cost  is ₽16295 per week

₽10778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25097
₽12710
₽31334
₽23947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
7 387
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.

-
-
-
20 040
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.

-
-
-
6 469
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.

-
-
-
1 101
total
-
-
-
34 997
Employee

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

47 113
-
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.

214
-
1 101
-
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.

6 469
-
6 469
-
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.

3 874
-
20 040
-
total
10 557
-
27 610
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 387
95 500
-
-
trade
6 943
13 705
-
-
income
7 258
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.

399
787
-
-
chamber of commerce
214
284
-
-
total
14 814
29 101
-
-
Dividends
33 574
66 400
-
-
withholding
8 034
16 240
-
-
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.

442
893
-
-
total
8 476
17 133
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 847
46 234
27 610
34 997
After tax
61 653
49 266
67 890
60 503
Living cost
36 556
36 556
36 556
36 556
Free-cash
25 097
12 710
31 334
23 947

Estimated living cost  is ₽36556 per week

₽25217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15004
₽12911
₽10502
₽10502
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 511
income
-
-
-
22 549
total
-
-
-
31 060
Employee
74 066
-
95 500
-
social contributions
6 153
-
8 511
-
income
13 976
-
22 549
-
total
20 129
-
31 060
-
Employer
74 066
-
95 500
-
total
-
-
-
-
Corporate
21 434
95 500
-
-
income
2 679
11 938
-
-
total
2 679
11 938
-
-
Dividends
18 755
83 562
-
-
withholding
3 750
16 713
-
-
total
3 750
16 713
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 558
28 651
31 060
31 060
After tax
68 942
66 849
64 440
64 440
Living cost
53 938
53 938
53 938
53 938
Free-cash
15 004
12 911
10 502
10 502

Estimated living cost  is ₽53938 per week

₽41035
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7992
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26361
₽22701
₽35777
₽28411
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 764
income
-
-
-
26 953
total
-
-
-
32 717
Employee
43 437
-
91 144
-
social contributions
4 352
-
4 356
-
income
4 713
-
16 639
-
total
9 065
-
20 995
-
Employer
43 437
-
91 144
-
social contributions
4 352
-
4 356
-
total
4 352
-
4 356
-
Corporate
47 711
95 500
-
-
income
16 698
33 425
-
-
total
16 698
33 425
-
-
Dividends
31 013
62 075
-
-
social contributions
4 652
5 002
-
-
total
4 652
5 002
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 767
38 427
25 351
32 717
After tax
60 733
57 073
70 149
62 783
Living cost
34 372
34 372
34 372
34 372
Free-cash
26 361
22 701
35 777
28 411

Estimated living cost  is ₽34372 per week

₽22640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2710
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8494
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31738
₽35326
₽25177
₽33904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 030
pensions
-
-
-
7 003
total
-
-
-
27 033
Employee
47 443
-
84 059
-
health
619
-
1 369
-
pensions
3 621
-
8 015
-
income
8 640
-
14 935
-
total
12 880
-
24 319
-
Employer
47 443
-
84 059
-
pensions
4 793
-
9 845
-
health
902
-
1 596
-
total
5 695
-
11 441
-
Corporate
42 362
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.

8 050
18 144
-
-
total
8 050
18 144
-
-
Dividends
34 313
77 356
-
-
withholding
2 574
7 467
-
-
total
2 574
7 467
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 199
25 611
35 760
27 033
After tax
66 301
69 889
59 740
68 467
Living cost
34 563
34 563
34 563
34 563
Free-cash
31 738
35 326
25 177
33 904

Estimated living cost  is ₽34563 per week

₽23710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4208
-₽15255
₽26266
₽42561
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
358
income
-
-
-
23 226
pensions
-
-
-
4 016
accident
-
-
-
244
health
-
-
-
2 105
total
-
-
-
29 949
Employee
36 165
-
81 509
-
health
4 141
-
9 333
-
pensions
4 072
-
7 363
-
income
4 962
-
15 557
-
total
13 175
-
32 253
-
Employer
36 165
-
81 509
-
accident
604
-
1 361
-
pensions
5 880
-
10 633
-
unemployment
886
-
1 997
-
total
7 370
-
13 991
-
Corporate
51 965
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.

46 769
85 950
-
-
total
46 769
85 950
-
-
Dividends
5 197
9 550
-
-
withholding
988
1 815
-
-
total
988
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 302
87 765
46 244
29 949
After tax
27 198
7 735
49 256
65 551
Living cost
22 990
22 990
22 990
22 990
Free-cash
4 208
-15 255
26 266
42 561

Estimated living cost  is ₽22990 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1340
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽63782
₽67574
₽47223
₽41780
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 146
income
-
-
-
14 668
pensions
-
-
-
17 572
health insurance
-
-
-
7 067
work injury
-
-
-
478
total
-
-
-
40 931
Employee

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

20 463
-
95 500
-
health insurance
1 514
-
5 602
-
unemployment
246
-
909
-
work injury
102
-
379
-
pensions
3 765
-
13 930
-
income
2 046
-
14 668
-
total
7 673
-
35 488
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 037
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
75 037
94 545
-
-
withholding
11 256
14 182
-
-
total
11 256
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 929
15 137
35 488
40 931
After tax
76 571
80 363
60 012
54 569
Living cost
12 789
12 789
12 789
12 789
Free-cash
63 782
67 574
47 223
41 780

Estimated living cost  is ₽12789 per week

₽7923
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8277
₽12580
₽5952
₽10320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 914
social contributions
-
-
-
24 563
municipal
-
-
-
638
national
-
-
-
20 344
total
-
-
-
47 459
Employee
79 789
-
95 500
-
national
13 484
-
17 440
-
regional
1 205
-
1 614
-
municipal
476
-
570
-
social contributions
26 904
-
32 203
-
total
42 069
-
51 827
-
Employer
79 789
-
95 500
-
total
-
-
-
-
Corporate
15 711
95 500
-
-
nationa
3 770
22 921
-
-
municipal
756
4 604
-
-
total
4 526
27 525
-
-
Dividends
11 185
67 976
-
-
withholding
2 907
17 674
-
-
total
2 907
17 674
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 502
45 199
51 827
47 459
After tax
45 998
50 301
43 673
48 041
Living cost
37 721
37 721
37 721
37 721
Free-cash
8 277
12 580
5 952
10 320

Estimated living cost  is ₽37721 per week

₽26497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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