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
₽31280
₽20132
₽30411
₽39517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
8 237
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.

-
-
-
1 120
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.

-
-
-
20 368
total
-
-
-
36 073
Employee

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

35 543
-
95 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 348
-
6 348
-
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.

55
-
1 120
-
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.

993
-
20 368
-
total
7 396
-
27 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 957
95 500
-
-
trade
9 443
15 041
-
-
chamber of commerce
227
279
-
-
surtax

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

494
788
-
-
income
8 994
14 325
-
-
total
19 158
30 433
-
-
Dividends
40 799
65 068
-
-
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.

541
875
-
-
withholding
9 847
15 913
-
-
total
10 388
16 788
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 942
47 221
27 836
36 073
After tax
58 558
48 279
67 664
59 427
Living cost
28 147
28 147
28 147
28 147
Free-cash
30 411
20 132
39 517
31 280

Estimated living cost  is ₽28147 per week

₽17705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3282
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.
₽6634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8870
₽10785
₽9974
₽9620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
9 937
social contributions
-
-
-
1 027
national
-
-
-
15 399
pensions
-
-
-
11 460
total
-
-
-
37 823
Employee
75 660
-
82 559
-
pensions
3 026
-
3 302
-
national
14 481
-
15 971
-
municipal
9 345
-
10 307
-
total
26 852
-
29 580
-
Employer
75 660
-
82 559
-
pensions
6 053
-
6 605
-
social contributions
813
-
888
-
total
6 866
-
7 493
-
Corporate
7 980
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%.

1 596
19 100
-
-
total
1 596
19 100
-
-
Dividends
6 384
76 400
-
-
withholding
1 405
16 808
-
-
total
1 405
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 719
35 908
37 073
37 823
After tax
58 781
59 592
58 427
57 677
Living cost
48 807
48 807
48 807
48 807
Free-cash
9 974
10 785
9 620
8 870

Estimated living cost  is ₽48807 per week

₽33174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4537
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽731
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31618
₽57067
₽49443
₽34467
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
30 704
income
-
-
-
13 845
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
44 549
Employee
27 154
-
76 961
-
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.

2 987
-
8 466
-
income
4 834
-
14 695
-
total
7 821
-
23 161
-
Employer
27 154
-
76 961
-
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.

6 541
-
18 539
-
total
6 541
-
18 539
-
Corporate
61 806
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%.

12 362
19 100
-
-
total
12 362
19 100
-
-
Dividends

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

49 444
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 724
19 100
41 700
44 549
After tax
68 776
76 400
53 800
50 951
Living cost
19 333
19 333
19 333
19 333
Free-cash
49 443
57 067
34 467
31 618

Estimated living cost  is ₽19333 per week

₽12334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15263
₽7336
₽1645
₽7994
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 281
pensions
-
-
-
10 888
income
-
-
-
19 140
total
-
-
-
41 309
Employee
79 356
79 356
81 269
-
health
12 180
10 360
10 470
-
pensions
14 284
10 888
10 888
-
income

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

12 989
12 989
12 989
-
total
39 453
34 237
34 347
-
Employer
79 356
79 356
81 269
-
health
5 516
5 516
5 648
-
pensions
5 523
5 523
5 657
-
unemployment
2 857
2 857
2 926
-
total
13 896
13 896
14 231
-
Corporate
3 222
2 248
-
-
income
644
450
-
-
total
644
450
-
-
Dividends
2 578
1 798
-
-
income
548
383
-
-
withholding
386
270
-
-
total
934
653
-
-
Income
95 500
95 500
95 500
95 500
Total tax
54 927
49 236
48 578
41 309
After tax
40 573
46 264
46 922
54 191
Living cost
38 928
38 928
38 928
38 928
Free-cash
1 645
7 336
7 994
15 263

Estimated living cost  is ₽38928 per week

₽27588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3509
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10862
₽13294
₽12423
₽12150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
5 313
accident
-
-
-
170
other
-
-
-
9 894
municipal
-
-
-
21 123
pensions
-
-
-
9 204
national
-
-
-
-
unemployment
-
-
-
85
total
-
-
-
45 789
Employee
55 356
-
72 668
-
national
-
-
-
-
municipal
16 507
-
21 670
-
total
16 507
-
21 670
-
Employer
55 356
-
72 668
-
health
3 404
-
4 469
-
accident
111
-
145
-
pensions
5 984
-
7 855
-
other
6 432
-
8 444
-
unemployment
1 461
-
1 918
-
total
17 392
-
22 831
-
Corporate
22 752
95 500
-
-
income
5 005
21 010
-
-
total
5 005
21 010
-
-
Dividends
17 746
74 490
-
-
withholding
5 324
22 347
-
-
total
5 324
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 228
43 357
44 501
45 789
After tax
51 272
52 143
50 999
49 711
Living cost
38 849
38 849
38 849
38 849
Free-cash
12 423
13 294
12 150
10 862

Estimated living cost  is ₽38849 per week

₽25747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22556
₽11281
₽24338
₽31158
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
8 602
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.

-
-
-
1 120
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.

-
-
-
20 368
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.

47 125
-
95 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 348
-
6 348
-
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.

222
-
1 120
-
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.

4 049
-
20 368
-
total
10 619
-
27 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 375
95 500
-
-
trade
7 958
15 709
-
-
chamber of commerce
210
277
-
-
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
788
-
-
income
7 257
14 325
-
-
total
15 824
31 099
-
-
Dividends
32 551
64 401
-
-
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.

429
866
-
-
withholding
7 784
15 748
-
-
total
8 213
16 614
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 656
47 713
27 836
36 438
After tax
60 844
47 787
67 664
59 062
Living cost
36 506
36 506
36 506
36 506
Free-cash
24 338
11 281
31 158
22 556

Estimated living cost  is ₽36506 per week

₽24415
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37255
₽39748
₽35895
₽37157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 435
social contributions
-
-
-
14 898
income
-
-
-
10 771
total
-
-
-
28 104
Employee
71 456
71 456
86 699
-
health
711
1 215
1 474
-
social contributions
3 472
5 931
7 197
-
income
7 504
6 615
10 729
-
total
11 687
13 761
19 400
-
Employer
71 456
71 456
86 699
-
health
774
1 323
1 605
-
social contributions
3 472
5 931
7 197
-
total
4 246
7 254
8 802
-
Corporate
49 426
16 791
-
-
income
6 179
2 099
-
-
total
6 179
2 099
-
-
Dividends
43 247
14 692
-
-
withholding
7 352
2 497
-
-
total
7 352
2 497
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 464
25 611
28 202
28 104
After tax
66 036
69 889
67 298
67 396
Living cost
30 141
30 141
30 141
30 141
Free-cash
35 895
39 748
37 157
37 255

Estimated living cost  is ₽30141 per week

₽20604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2354
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.
₽6676
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49118
₽36753
₽37106
₽38321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 685
pensions
-
-
-
9 550
unemployment
-
-
-
1 432
income
-
-
-
11 675
total
-
-
-
29 342
Employee

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

The minimum wage is 138,000 HUF per month.

24 598
9 790
79 916
-
health
1 722
685
5 594
-
pensions
2 460
979
7 992
-
unemployment
369
147
1 199
-
income
3 007
1 197
9 770
-
total
7 558
3 008
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.

24 598
9 790
79 916
-
pensions
4 797
1 909
15 584
-
total
4 797
1 909
15 584
-
Corporate
66 106
83 802
-
-
income
5 950
7 542
-
-
total
5 950
7 542
-
-
Dividends
60 156
76 259
-
-
social contributions
11 619
14 759
-
-
withholding
11 430
14 489
-
-
total
23 049
29 248
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 354
41 707
40 139
29 342
After tax
54 146
53 793
55 361
66 158
Living cost
17 040
17 040
17 040
17 040
Free-cash
37 106
36 753
38 321
49 118

Estimated living cost  is ₽17040 per week

₽11628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1394
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28743
₽53955
₽48182
₽32600
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 415
pensions
-
-
-
19 100
income
-
-
-
12 797
total
-
-
-
44 312
Employee
26 362
-
71 374
-
pensions
527
-
1 427
-
unemployment
421
-
1 143
-
income
2 968
-
13 760
-
total
3 916
-
16 330
-
Employer
26 362
-
71 374
-
health
3 426
-
9 279
-
pensions
5 273
-
14 275
-
unemployment
212
-
571
-
total
8 911
-
24 125
-
Corporate
60 227
95 500
-
-
income
12 046
19 100
-
-
total
12 046
19 100
-
-
Dividends
48 181
76 400
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
24 873
19 100
40 455
44 312
After tax
70 627
76 400
55 045
51 188
Living cost
22 445
22 445
22 445
22 445
Free-cash
48 182
53 955
32 600
28 743

Estimated living cost  is ₽22445 per week

₽15395
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5262
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44919
-₽12881
₽4574
₽28813
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
23 438
total
-
-
-
29 965
Employee
32 431
-
81 806
-
health
3 713
-
9 367
-
pensions
3 652
-
7 150
-
income
4 449
-
15 860
-
total
11 814
-
32 377
-
Employer
32 431
-
81 806
-
accident
541
-
1 366
-
pensions
5 273
-
10 324
-
unemployment
795
-
2 004
-
total
6 609
-
13 694
-
Corporate
56 460
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.

50 814
85 950
-
-
total
50 814
85 950
-
-
Dividends
5 646
9 550
-
-
withholding
1 073
1 815
-
-
total
1 073
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
70 310
87 765
46 071
29 965
After tax
25 190
7 735
49 429
65 535
Living cost
20 616
20 616
20 616
20 616
Free-cash
4 574
-12 881
28 813
44 919

Estimated living cost  is ₽20616 per week

₽15110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽86869
₽83049
₽81610
₽68724
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 595
-
95 500
-
income
1 919
-
19 100
-
total
1 919
-
19 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

85 905
95 500
-
-
total
-
-
-
-
Dividends
85 905
95 500
-
-
withholding
4 295
4 775
-
-
total
4 295
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 214
4 775
19 100
955
After tax
89 286
90 725
76 400
94 545
Living cost
7 676
7 676
7 676
7 676
Free-cash
81 610
83 049
68 724
86 869

Estimated living cost  is ₽7676 per week

₽4757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26950
₽45401
₽39125
₽30998
S + D Salary + Dividends

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

Dividends

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

Salary

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

Participation in the individual account program is voluntary (6% of an income). The decision to contribute to an individual account must be made before the age of 35 and cannot be reversed.

-
-
-
22 920
income
-
-
-
12 131
total
-
-
-
43 789
Employee
33 741
-
76 275
-
health
473
-
1 069
-
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.

2 361
-
5 340
-
unemployment
337
-
764
-
income
5 809
-
13 344
-
total
8 980
-
20 517
-
Employer
33 741
-
76 275
-
health
473
-
1 069
-
accident
270
-
610
-
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.

5 737
-
12 967
-
other
1 688
-
3 814
-
unemployment
337
-
764
-
total
8 505
-
19 224
-
Corporate
53 256
95 500
-
-
income
11 184
20 056
-
-
total
11 184
20 056
-
-
Dividends
42 072
75 444
-
-
withholding
2 945
5 282
-
-
total
2 945
5 282
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 614
25 338
39 741
43 789
After tax
63 886
70 162
55 759
51 711
Living cost
24 761
24 761
24 761
24 761
Free-cash
39 125
45 401
30 998
26 950

Estimated living cost  is ₽24761 per week

₽17495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
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.
₽5195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6372
₽7779
-₽4343
-₽2328
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 990
income
-
-
-
20 077
total
-
-
-
27 067
Employee
87 807
-
84 053
-
health
1 447
-
1 369
-
pensions
8 471
-
8 021
-
income
15 828
-
14 933
-
total
25 746
-
24 323
-
Employer
87 807
-
84 053
-
health
1 668
-
1 596
-
pensions
10 368
-
9 848
-
total
12 036
-
11 444
-
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.

-
18 146
-
-
total
-
18 146
-
-
Dividends
-
77 354
-
-
withholding
-
7 514
-
-
total
-
7 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 782
25 660
35 767
27 067
After tax
57 718
69 840
59 733
68 433
Living cost
62 061
62 061
62 061
62 061
Free-cash
-4 343
7 779
-2 328
6 372

Estimated living cost  is ₽62061 per week

₽46504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7762
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽59677
₽69090
₽64641
₽62632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
14 325
total
-
-
-
23 261
Employee
16 634
-
88 934
-
health
765
-
1 539
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 460
-
2 939
-
income
1 663
-
8 894
-
total
4 071
-
13 740
-
Employer
16 634
-
88 934
-
health
1 148
-
2 309
-
accident

We are using the highest rate at 1.1%.

183
-
368
-
pensions

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

1 833
-
3 688
-
unemployment
99
-
201
-
total
3 263
-
6 566
-
Corporate
75 602
95 500
-
-
income
7 561
9 550
-
-
total
7 561
9 550
-
-
Dividends
68 042
85 950
-
-
withholding
3 402
4 298
-
-
total
3 402
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 297
13 848
20 306
23 261
After tax
77 203
81 652
75 194
72 239
Living cost
12 562
12 562
12 562
12 562
Free-cash
64 641
69 090
62 632
59 677

Estimated living cost  is ₽12562 per week

₽7334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽333
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2662
-₽5265
-₽5739
-₽4607
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 281
pensions
-
-
-
10 888
income
-
-
-
19 140
total
-
-
-
41 309
Employee
86 155
79 356
81 269
-
health
10 748
10 360
10 470
-
pensions
10 888
10 888
10 888
-
income

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

12 989
12 989
12 989
-
total
34 625
34 237
34 347
-
Employer
86 155
79 356
81 269
-
health
5 987
5 516
5 648
-
pensions
5 996
5 523
5 657
-
unemployment
3 102
2 857
2 926
-
total
15 085
13 896
14 231
-
Corporate
-
2 248
-
-
income
-
450
-
-
total
-
450
-
-
Dividends
-
1 798
-
-
income
-
383
-
-
withholding
-
270
-
-
total
-
653
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 710
49 236
48 578
41 309
After tax
45 790
46 264
46 922
54 191
Living cost
51 529
51 529
51 529
51 529
Free-cash
-5 739
-5 265
-4 607
2 662

Estimated living cost  is ₽51529 per week

₽38011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8325
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23529
₽42767
₽34568
₽25479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 892
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
income
-
-
-
8 208
total
-
-
-
48 986
Employee
33 802
-
71 269
-
health
4 563
-
9 621
-
solidarity contribution
-
-
-
-
social contributions
2 197
-
4 632
-
income
4 056
-
8 552
-
total
10 816
-
22 805
-
Employer
33 802
-
71 269
-
health
3 042
-
6 414
-
social contributions
8 450
-
17 817
-
total
11 492
-
24 231
-
Corporate
50 206
95 500
-
-
income
9 539
18 145
-
-
total
9 539
18 145
-
-
Dividends
40 667
77 355
-
-
withholding
6 100
11 603
-
-
total
6 100
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 947
29 748
47 036
48 986
After tax
57 553
65 752
48 464
46 514
Living cost
22 985
22 985
22 985
22 985
Free-cash
34 568
42 767
25 479
23 529

Estimated living cost  is ₽22985 per week

₽15966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9632
₽11741
₽6890
₽5088
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 058
municipal
-
-
-
568
social contributions
-
-
-
24 563
national
-
-
-
20 467
total
-
-
-
46 656
Employee
82 588
-
95 500
-
regional
779
-
927
-
national
14 310
-
17 564
-
social contributions
27 849
-
32 203
-
municipal
437
-
506
-
total
43 375
-
51 200
-
Employer
82 588
-
95 500
-
total
-
-
-
-
Corporate
12 912
95 500
-
-
nationa
3 098
22 920
-
-
municipal
504
3 724
-
-
total
3 602
26 644
-
-
Dividends
9 310
68 856
-
-
withholding
2 421
17 903
-
-
total
2 421
17 903
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 398
44 547
51 200
46 656
After tax
46 102
50 953
44 300
48 844
Living cost
39 212
39 212
39 212
39 212
Free-cash
6 890
11 741
5 088
9 632

Estimated living cost  is ₽39212 per week

₽27334
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8704
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28362
₽39564
₽36670
₽26511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 781
other
-
-
-
-
pensions
-
-
-
19 100
unemployment
-
-
-
212
income
-
-
-
18 275
surtax
-
-
-
2 264
total
-
-
-
46 632
Employee
30 730
-
78 892
-
health
785
-
2 012
-
pensions
2 049
-
5 262
-
unemployment
2 139
-
5 491
-
surtax
101
-
2 051
-
income
5 151
-
17 060
-
other
-
-
-
-
total
10 225
-
31 876
-
Employer
30 730
-
78 892
-
health
1 398
-
3 590
-
pensions
4 097
-
10 516
-
other
-
-
-
-
unemployment
973
-
2 501
-
total
6 468
-
16 607
-
Corporate
58 301
95 500
-
-
income
15 159
24 830
-
-
total
15 159
24 830
-
-
Dividends
43 143
70 670
-
-
withholding
6 472
10 600
-
-
total
6 472
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 324
35 430
48 483
46 632
After tax
57 176
60 070
47 017
48 868
Living cost
20 506
20 506
20 506
20 506
Free-cash
36 670
39 564
26 511
28 362

Estimated living cost  is ₽20506 per week

₽12538
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1892
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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26034
₽27441
₽21852
₽17334
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 990
income
-
-
-
20 077
total
-
-
-
27 067
Employee
58 846
-
84 053
-
health
854
-
1 369
-
pensions
4 995
-
8 021
-
income
10 598
-
14 933
-
total
16 447
-
24 323
-
Employer
58 846
-
84 053
-
health
1 118
-
1 596
-
pensions
6 370
-
9 848
-
total
7 488
-
11 444
-
Corporate
29 166
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.

5 542
18 146
-
-
total
5 542
18 146
-
-
Dividends
23 623
77 354
-
-
withholding
1 772
7 514
-
-
total
1 772
7 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 249
25 660
35 767
27 067
After tax
64 251
69 840
59 733
68 433
Living cost
42 399
42 399
42 399
42 399
Free-cash
21 852
27 441
17 334
26 034

Estimated living cost  is ₽42399 per week

₽31765
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.
₽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.
₽7012
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3867
-₽32316
-₽1896
-₽978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
248
city
-
-
-
1 007
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
regional
-
-
-
3 169
pensions
-
-
-
8 786
national
-
-
-
525
total
-
-
-
15 646
Employee
88 924
-
85 475
-
health
201
-
193
-
regional
2 912
-
2 724
-
pensions
7 471
-
7 180
-
unemployment
-
-
-
-
national
421
-
394
-
city
954
-
917
-
total
11 959
-
11 408
-
Employer
88 924
-
85 475
-
health
201
-
193
-
pensions
7 471
-
7 180
-
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.

1 778
-
1 710
-
unemployment
-
-
-
-
total
9 450
-
9 083
-
Corporate
-
95 500
-
-
national
-
8 117
-
-
regional
-
20 197
-
-
total
-
28 314
-
-
Dividends
-
67 186
-
-
withholding
-
23 515
-
-
total
-
23 515
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 409
51 829
20 491
15 646
After tax
74 091
43 671
75 009
79 854
Living cost
75 987
75 987
75 987
75 987
Free-cash
-1 896
-32 316
-978
3 867

Estimated living cost  is ₽75987 per week

₽49413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6819
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽933
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16125
₽4726
₽19794
₽25094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
8 969
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.

-
-
-
1 120
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.

-
-
-
20 368
total
-
-
-
36 805
Employee

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

55 847
-
95 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 348
-
6 348
-
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.

362
-
1 120
-
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.

6 567
-
20 368
-
total
13 277
-
27 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 653
95 500
-
-
trade
6 800
16 379
-
-
chamber of commerce
198
275
-
-
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.

328
788
-
-
income
5 948
14 325
-
-
total
13 274
31 767
-
-
Dividends
26 379
63 733
-
-
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.

344
857
-
-
withholding
6 241
15 580
-
-
total
6 585
16 437
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 136
48 204
27 836
36 805
After tax
62 364
47 296
67 664
58 695
Living cost
42 570
42 570
42 570
42 570
Free-cash
19 794
4 726
25 094
16 125

Estimated living cost  is ₽42570 per week

₽31092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3405
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23125
₽16341
₽21828
₽28113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 910
other
-
-
-
2 964
pensions
-
-
-
23 528
social contributions
-
-
-
2 721
income
-
-
-
9 459
surtax
-
-
-
-
total
-
-
-
40 582
Employee
39 771
-
77 428
-
pensions
4 497
-
3 756
-
surtax
-
-
-
-
social contributions
1 134
-
2 206
-
income
2 347
-
11 559
-
total
7 978
-
17 521
-
Employer
39 771
-
77 428
-
health
2 785
-
5 419
-
pensions
6 534
-
6 614
-
other
1 372
-
2 672
-
social contributions
120
-
233
-
unemployment
1 610
-
3 135
-
total
12 421
-
18 073
-
Corporate
43 309
95 500
-
-
surtax
-
-
-
-
income
12 126
26 739
-
-
total
12 126
26 739
-
-
Dividends
31 183
68 761
-
-
social contributions
5 363
11 826
-
-
surtax
-
-
-
-
withholding
3 991
8 801
-
-
total
9 354
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 879
47 366
35 594
40 582
After tax
53 621
48 134
59 906
54 918
Living cost
31 793
31 793
31 793
31 793
Free-cash
21 828
16 341
28 113
23 125

Estimated living cost  is ₽31793 per week

₽20047
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
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.
₽8622
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26275
₽19491
₽24653
₽31263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 910
other
-
-
-
2 964
pensions
-
-
-
23 528
social contributions
-
-
-
2 721
income
-
-
-
9 459
surtax
-
-
-
-
total
-
-
-
40 582
Employee
35 501
-
77 428
-
pensions
4 015
-
3 756
-
surtax
-
-
-
-
social contributions
1 012
-
2 206
-
income
1 830
-
11 559
-
total
6 857
-
17 521
-
Employer
35 501
-
77 428
-
health
2 485
-
5 419
-
pensions
5 834
-
6 614
-
other
1 226
-
2 672
-
social contributions
106
-
233
-
unemployment
1 437
-
3 135
-
total
11 088
-
18 073
-
Corporate
48 912
95 500
-
-
surtax
-
-
-
-
income
13 695
26 739
-
-
total
13 695
26 739
-
-
Dividends
35 217
68 761
-
-
social contributions
6 057
11 826
-
-
surtax
-
-
-
-
withholding
4 507
8 801
-
-
total
10 564
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 204
47 366
35 594
40 582
After tax
53 296
48 134
59 906
54 918
Living cost
28 643
28 643
28 643
28 643
Free-cash
24 653
19 491
31 263
26 275

Estimated living cost  is ₽28643 per week

₽16612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8579
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41626
₽38557
₽39042
₽41660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 666
social contributions
-
-
-
13 178
income
-
-
-
14 325
total
-
-
-
34 169
Employee
31 508
-
95 500
-
health
2 199
-
6 666
-
social contributions
4 349
-
13 178
-
income
5 255
-
14 291
-
total
11 803
-
34 135
-
Employer
31 508
-
95 500
-
total
-
-
-
-
Corporate
63 992
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%.

3 199
4 775
-
-
total
3 199
4 775
-
-
Dividends
60 793
90 725
-
-
social contributions
8 389
12 521
-
-
health
4 243
6 333
-
-
withholding
9 119
13 609
-
-
total
21 751
32 463
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 753
37 238
34 135
34 169
After tax
58 747
58 262
61 365
61 331
Living cost
19 705
19 705
19 705
19 705
Free-cash
39 042
38 557
41 660
41 626

Estimated living cost  is ₽19705 per week

₽13187
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
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.
₽4848
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15398
₽20749
₽19311
-₽4099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 306
pensions
-
-
-
17 668
unemployment
-
-
-
5 700
income
-
-
-
16 118
chamber of commerce
-
-
-
383
surtax
-
-
-
183
total
-
-
-
47 358
Employee
46 441
37 033
74 014
-
health
1 797
1 434
2 864
-
pensions
4 756
3 791
7 579
-
unemployment
1 393
1 111
2 220
-
income
5 287
2 732
14 346
-
other
464
370
741
-
total
13 697
9 438
27 750
-
Employer
46 441
37 033
74 014
-
payroll
1 393
1 111
2 220
-
health
1 755
1 400
2 797
-
surtax
183
183
183
-
accident
603
481
963
-
pensions
5 828
4 648
9 288
-
chamber of commerce
185
148
296
-
other
2 206
1 758
3 516
-
unemployment
1 393
1 111
2 220
-
total
13 546
10 840
21 483
-
Corporate
35 512
47 626
70 489
-
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.

8 877
11 907
17 622
-
total
8 877
11 907
17 622
-
Dividends
26 635
35 719
-
-
withholding
7 325
9 822
-
-
total
7 325
9 822
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 445
42 007
66 855
47 358
After tax
52 055
53 493
28 645
48 142
Living cost
32 744
32 744
32 744
32 744
Free-cash
19 311
20 749
-4 099
15 398

Estimated living cost  is ₽32744 per week

₽21839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10658
₽19669
₽5732
₽3193
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 037
national
-
-
-
31 095
communal

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

-
-
-
4 828
total
-
-
-
50 960
Employee

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

66 471
-
73 970
-
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.

3 123
-
3 476
-
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.

4 985
-
5 548
-
unemployment

Reference earnings are 100% of the insured person's gross earnings for white-collar workers and 108% of the insured person's gross earnings for blue-collar workers.

578
-
644
-
national
20 436
-
23 369
-
communal

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

3 467
-
3 858
-
total
32 589
-
36 895
-
Employer

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

66 471
-
73 970
-
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.

4 088
-
4 550
-
surtax
7 537
-
8 387
-
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.

864
-
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.

5 890
-
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.

970
-
1 079
-
total
19 349
-
21 530
-
Corporate
9 680
95 500
-
-
surtax
39
383
-
-
income
1 936
19 100
-
-
total
1 975
19 483
-
-
Dividends
7 705
76 017
-
-
withholding

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

1 973
22 466
-
-
total
1 973
22 466
-
-
Income
95 500
95 500
95 500
95 500
Total tax
55 886
41 949
58 425
50 960
After tax
39 614
53 551
37 075
44 540
Living cost
33 882
33 882
33 882
33 882
Free-cash
5 732
19 669
3 193
10 658

Estimated living cost  is ₽33882 per week

₽21825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽17905
₽30779
₽23377
₽16745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
18 195
total
-
-
-
44 035
Employee
46 257
-
72 415
-
pensions
2 174
-
3 403
-
unemployment
718
-
1 122
-
other
46
-
72
-
income
9 760
-
17 512
-
total
12 698
-
22 109
-
Employer
46 257
-
72 415
-
accident
915
-
1 434
-
pensions
10 916
-
17 090
-
other
369
-
578
-
unemployment
2 545
-
3 984
-
total
14 745
-
23 086
-
Corporate
34 499
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.

5 174
14 325
-
-
total
5 174
14 325
-
-
Dividends
29 325
81 175
-
-
withholding
5 946
16 836
-
-
total
5 946
16 836
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 563
31 161
45 195
44 035
After tax
56 937
64 339
50 305
51 465
Living cost
33 560
33 560
33 560
33 560
Free-cash
23 377
30 779
16 745
17 905

Estimated living cost  is ₽33560 per week

₽24713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2381
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3830
₽7869
₽1418
₽8039
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 710
accident
-
-
-
806
pensions
-
-
-
14 314
communal
-
-
-
6 036
income
-
-
-
8 569
surtax
-
-
-
4 735
total
-
-
-
41 170
Employee
70 373
-
85 307
-
health
3 132
-
3 795
-
pensions
5 629
-
6 825
-
surtax
4 313
-
5 229
-
income
6 797
-
10 919
-
total
19 871
-
26 768
-
Employer
70 373
-
85 307
-
health
2 146
-
2 601
-
accident
633
-
767
-
pensions
5 629
-
6 825
-
total
8 408
-
10 193
-
Corporate
16 719
95 500
-
-
communal
-
6 445
-
-
surtax
176
1 003
-
-
income
2 508
14 325
-
-
total
2 684
21 773
-
-
Dividends
14 035
73 727
-
-
income
10 513
4 299
-
-
withholding
2 106
11 059
-
-
total
12 619
15 358
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 582
37 131
36 961
41 170
After tax
51 918
58 369
58 539
54 330
Living cost
50 500
50 500
50 500
50 500
Free-cash
1 418
7 869
8 039
3 830

Estimated living cost  is ₽50500 per week

₽37883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27996
₽39198
₽36241
₽26145
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 781
other
-
-
-
-
pensions
-
-
-
19 100
unemployment
-
-
-
212
income
-
-
-
18 275
surtax
-
-
-
2 264
total
-
-
-
46 632
Employee
31 294
-
78 892
-
health
799
-
2 012
-
pensions
2 088
-
5 262
-
unemployment
2 178
-
5 491
-
surtax
111
-
2 051
-
income
5 246
-
17 060
-
other
-
-
-
-
total
10 422
-
31 876
-
Employer
31 294
-
78 892
-
health
1 423
-
3 590
-
pensions
4 172
-
10 516
-
other
-
-
-
-
unemployment
993
-
2 501
-
total
6 588
-
16 607
-
Corporate
57 617
95 500
-
-
income
14 981
24 830
-
-
total
14 981
24 830
-
-
Dividends
42 637
70 670
-
-
withholding
6 396
10 600
-
-
total
6 396
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 387
35 430
48 483
46 632
After tax
57 113
60 070
47 017
48 868
Living cost
20 872
20 872
20 872
20 872
Free-cash
36 241
39 198
26 145
27 996

Estimated living cost  is ₽20872 per week

₽12602
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
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.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23430
₽25167
₽23101
₽18910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
568
social contributions
-
-
-
24 563
national
-
-
-
20 467
total
-
-
-
47 038
Employee
51 548
-
95 500
-
regional
694
-
1 285
-
national
8 167
-
17 564
-
social contributions
17 382
-
32 203
-
municipal
273
-
506
-
total
26 516
-
51 558
-
Employer
51 548
-
95 500
-
total
-
-
-
-
Corporate
43 952
95 500
-
-
nationa
10 549
22 920
-
-
municipal
2 185
4 745
-
-
total
12 734
27 665
-
-
Dividends
31 218
67 835
-
-
withholding
8 117
17 636
-
-
total
8 117
17 636
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 367
45 301
51 558
47 038
After tax
48 133
50 199
43 942
48 462
Living cost
25 032
25 032
25 032
25 032
Free-cash
23 101
25 167
18 910
23 430

Estimated living cost  is ₽25032 per week

₽15568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6500
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18190
₽37428
₽27324
₽20140
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 892
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
income
-
-
-
8 208
total
-
-
-
48 986
Employee
41 653
-
71 269
-
health
5 623
-
9 621
-
solidarity contribution
-
-
-
-
social contributions
2 707
-
4 632
-
income
4 998
-
8 552
-
total
13 328
-
22 805
-
Employer
41 653
-
71 269
-
health
3 749
-
6 414
-
social contributions
10 413
-
17 817
-
total
14 162
-
24 231
-
Corporate
39 685
95 500
-
-
income
7 540
18 145
-
-
total
7 540
18 145
-
-
Dividends
32 145
77 355
-
-
withholding
4 822
11 603
-
-
total
4 822
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
39 852
29 748
47 036
48 986
After tax
55 648
65 752
48 464
46 514
Living cost
28 324
28 324
28 324
28 324
Free-cash
27 324
37 428
20 140
18 190

Estimated living cost  is ₽28324 per week

₽21063
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1569
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18678
₽23944
₽23483
-₽972
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 306
pensions
-
-
-
17 668
unemployment
-
-
-
5 700
income
-
-
-
16 118
chamber of commerce
-
-
-
383
surtax
-
-
-
-
total
-
-
-
47 175
Employee
40 621
37 033
74 155
-
health
1 571
1 434
2 869
-
pensions
4 160
3 791
7 593
-
unemployment
1 219
1 111
2 225
-
income
3 619
2 732
14 395
-
other
406
370
742
-
total
10 975
9 438
27 824
-
Employer
40 621
37 033
74 155
-
payroll
1 219
1 111
2 225
-
health
1 536
1 400
2 804
-
surtax
-
-
-
-
accident
527
481
965
-
pensions
5 098
4 648
9 306
-
chamber of commerce
162
148
296
-
other
1 929
1 758
3 522
-
unemployment
1 219
1 111
2 225
-
total
11 690
10 657
21 343
-
Corporate
43 189
47 809
70 630
-
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.

10 798
11 953
17 658
-
total
10 798
11 953
17 658
-
Dividends
32 391
35 856
-
-
withholding
8 907
9 861
-
-
total
8 907
9 861
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 370
41 909
66 825
47 175
After tax
53 130
53 591
28 675
48 325
Living cost
29 647
29 647
29 647
29 647
Free-cash
23 483
23 944
-972
18 678

Estimated living cost  is ₽29647 per week

₽17785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8306
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82583
₽78763
₽76519
₽64438
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 952
-
95 500
-
income
2 991
-
19 100
-
total
2 991
-
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%.

80 548
95 500
-
-
total
-
-
-
-
Dividends
80 548
95 500
-
-
withholding
4 028
4 775
-
-
total
4 028
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
7 019
4 775
19 100
955
After tax
88 481
90 725
76 400
94 545
Living cost
11 962
11 962
11 962
11 962
Free-cash
76 519
78 763
64 438
82 583

Estimated living cost  is ₽11962 per week

₽8095
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24371
₽40827
₽33053
₽21635
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 397
pensions
-
-
-
17 441
unemployment
-
-
-
143
income
-
-
-
19 223
total
-
-
-
46 204
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.

41 092
-
82 634
-
health
2 654
-
5 338
-
pensions
6 370
-
12 808
-
unemployment
58
-
116
-
income
7 086
-
17 812
-
total
16 168
-
36 074
-
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.

41 092
-
82 634
-
health
2 737
-
5 504
-
pensions
3 636
-
7 313
-
unemployment
25
-
49
-
total
6 398
-
12 866
-
Corporate
48 010
95 500
-
-
income
9 122
18 144
-
-
total
9 122
18 144
-
-
Dividends
38 887
77 356
-
-
withholding
5 834
11 604
-
-
total
5 834
11 604
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 522
29 748
48 940
46 204
After tax
57 978
65 752
46 560
49 296
Living cost
24 925
24 925
24 925
24 925
Free-cash
33 053
40 827
21 635
24 371

Estimated living cost  is ₽24925 per week

₽17106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5740
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23729
₽15833
-₽50565
₽40344
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
60 608
-
-
-
social contributions
4 970
-
708
-
income
13 369
-
-
-
total
18 339
-
708
-
Employer
60 608
-
-
-
social contributions
85 457
-
12 179
-
total
85 457
-
12 179
-
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
103 796
37 398
12 887
29 502
After tax
-8 296
58 102
82 613
65 998
Living cost
42 269
42 269
42 269
42 269
Free-cash
-50 565
15 833
40 344
23 729

Estimated living cost  is ₽42269 per week

₽27426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3975
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.
₽10329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24134
₽25171
₽24237
₽19133
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 187
income
-
-
-
9 031
surtax
-
-
-
-
total
-
-
-
42 218
Employee
42 739
-
77 172
-
surtax
-
-
-
-
social contributions
4 701
-
8 489
-
income
8 890
-
20 402
-
total
13 591
-
28 891
-
Employer
42 739
-
77 172
-
social contributions
10 150
-
18 328
-
total
10 150
-
18 328
-
Corporate
42 610
95 500
-
-
surtax
-
-
-
-
income
8 948
20 056
-
-
total
8 948
20 056
-
-
Dividends
33 663
75 444
-
-
withholding
9 426
21 125
-
-
total
9 426
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 115
41 181
47 219
42 218
After tax
53 385
54 319
48 281
53 282
Living cost
29 148
29 148
29 148
29 148
Free-cash
24 237
25 171
19 133
24 134

Estimated living cost  is ₽29148 per week

₽21809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10036
₽3252
₽9637
₽15024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 910
other
-
-
-
2 964
pensions
-
-
-
23 528
social contributions
-
-
-
2 721
income
-
-
-
9 459
surtax
-
-
-
-
total
-
-
-
40 582
Employee
58 202
-
77 428
-
pensions
6 583
-
3 756
-
surtax
-
-
-
-
social contributions
1 658
-
2 206
-
income
5 078
-
11 559
-
total
13 319
-
17 521
-
Employer
58 202
-
77 428
-
health
4 074
-
5 419
-
pensions
9 563
-
6 614
-
other
2 009
-
2 672
-
social contributions
175
-
233
-
unemployment
2 358
-
3 135
-
total
18 179
-
18 073
-
Corporate
19 120
95 500
-
-
surtax
-
-
-
-
income
5 354
26 739
-
-
total
5 354
26 739
-
-
Dividends
13 767
68 761
-
-
social contributions
2 367
11 826
-
-
surtax
-
-
-
-
withholding
1 762
8 801
-
-
total
4 129
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 981
47 366
35 594
40 582
After tax
54 519
48 134
59 906
54 918
Living cost
44 882
44 882
44 882
44 882
Free-cash
9 637
3 252
15 024
10 036

Estimated living cost  is ₽44882 per week

₽30376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10219
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽44751
₽58018
₽54894
₽47289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 806
social contributions
-
-
-
21 010
total
-
-
-
22 816
Employee
29 875
-
82 685
-
social contributions
1 942
-
5 375
-
income
-
-
2 088
-
total
1 942
-
7 463
-
Employer
29 875
-
82 685
-
social contributions
4 631
-
12 815
-
total
4 631
-
12 815
-
Corporate
60 994
95 500
-
-
income
6 100
9 549
-
-
total
6 100
9 549
-
-
Dividends
54 894
85 951
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 673
9 549
20 278
22 816
After tax
82 827
85 951
75 222
72 684
Living cost
27 933
27 933
27 933
27 933
Free-cash
54 894
58 018
47 289
44 751

Estimated living cost  is ₽27933 per week

₽18061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2106
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.
₽7241
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14388
-₽106660
-₽106660
-₽106660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 876
labour market
-
-
-
7 576
national
-
-
-
10 170
pensions
-
-
-
804
total
-
-
-
36 426
Employee
188 608
188 608
188 608
-
pensions
268
268
268
-
labour market
15 067
15 067
15 067
-
national
23 042
23 042
23 042
-
municipal
40 163
40 163
40 163
-
total
78 540
78 540
78 540
-
Employer
188 608
188 608
188 608
-
municipal
40 227
40 227
40 227
-
labour market
15 089
15 089
15 089
-
national
23 082
23 082
23 082
-
pensions
536
536
536
-
total
78 934
78 934
78 934
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
157 474
157 474
157 474
36 426
After tax
-61 974
-61 974
-61 974
59 074
Living cost
44 686
44 686
44 686
44 686
Free-cash
-106 660
-106 660
-106 660
14 388

Estimated living cost  is ₽44686 per week

₽30583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45223
-₽12577
₽4619
₽29117
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
23 438
total
-
-
-
29 965
Employee
31 953
-
81 806
-
health
3 659
-
9 367
-
pensions
3 598
-
7 150
-
income
4 384
-
15 860
-
total
11 641
-
32 377
-
Employer
31 953
-
81 806
-
accident
534
-
1 366
-
pensions
5 195
-
10 324
-
unemployment
783
-
2 004
-
total
6 512
-
13 694
-
Corporate
57 035
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.

51 332
85 950
-
-
total
51 332
85 950
-
-
Dividends
5 703
9 550
-
-
withholding
1 084
1 815
-
-
total
1 084
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
70 569
87 765
46 071
29 965
After tax
24 931
7 735
49 429
65 535
Living cost
20 312
20 312
20 312
20 312
Free-cash
4 619
-12 577
29 117
45 223

Estimated living cost  is ₽20312 per week

₽14785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1158
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31850
₽27624
₽25870
₽18603
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
95 500
health
-
-
-
1 083
municipal
-
-
-
16 994
national
-
-
-
9 896
total
-
-
-
27 973
Employee
48 891
-
80 340
-
health
365
-
850
-
pensions
3 299
-
5 423
-
unemployment
734
-
1 204
-
national
808
-
5 468
-
municipal
8 008
-
13 115
-
total
13 214
-
26 060
-
Employer
48 891
-
80 340
-
health
376
-
619
-
accident
49
-
81
-
pensions
8 482
-
13 938
-
unemployment
317
-
522
-
total
9 224
-
15 160
-
Corporate
37 385
95 500
-
-
income
7 477
19 100
-
-
total
7 477
19 100
-
-
Dividends

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

22 431
57 300
-
-
national
-
2 785
-
-
municipal
4 038
10 314
-
-
total
4 038
13 099
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 953
32 199
41 220
27 973
After tax
61 547
63 301
54 280
67 527
Living cost
35 677
35 677
35 677
35 677
Free-cash
25 870
27 624
18 603
31 850

Estimated living cost  is ₽35677 per week

₽23304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8375
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45881
₽48374
₽43318
₽45783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 435
social contributions
-
-
-
14 898
income
-
-
-
10 771
total
-
-
-
28 104
Employee
71 456
71 456
86 699
-
health
554
1 215
1 474
-
social contributions
2 702
5 931
7 197
-
income
7 780
6 615
10 729
-
total
11 036
13 761
19 400
-
Employer
71 456
71 456
86 699
-
health
601
1 323
1 605
-
social contributions
2 702
5 931
7 197
-
total
3 303
7 254
8 802
-
Corporate
59 646
16 791
-
-
income
7 456
2 099
-
-
total
7 456
2 099
-
-
Dividends
52 190
14 692
-
-
withholding
8 872
2 497
-
-
total
8 872
2 497
-
-
Income
95 500
95 500
95 500
95 500
Total tax
30 667
25 611
28 202
28 104
After tax
64 833
69 889
67 298
67 396
Living cost
21 515
21 515
21 515
21 515
Free-cash
43 318
48 374
45 783
45 881

Estimated living cost  is ₽21515 per week

₽12894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62292
₽64330
₽59602
₽44142
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 363
pensions
-
-
-
5 911
unemployment
-
-
-
26
income
-
-
-
9 154
total
-
-
-
18 454
Employee

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

21 330
-
86 584
-
health
1 813
-
7 359
-
pensions
3 199
-
12 988
-
unemployment
106
-
432
-
income
1 458
-
6 909
-
total
6 576
-
27 688
-
Employer

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

21 330
-
86 584
-
health
917
-
3 723
-
pensions
1 173
-
4 761
-
unemployment
106
-
432
-
total
2 196
-
8 916
-
Corporate
71 975
95 500
-
-
income
6 477
8 595
-
-
total
6 477
8 595
-
-
Dividends
65 497
86 905
-
-
withholding
5 895
7 821
-
-
total
5 895
7 821
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 144
16 416
36 604
18 454
After tax
74 356
79 084
58 896
77 046
Living cost
14 754
14 754
14 754
14 754
Free-cash
59 602
64 330
44 142
62 292

Estimated living cost  is ₽14754 per week

₽9413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1063
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25911
₽38785
₽33911
₽24751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
18 195
total
-
-
-
44 035
Employee
34 361
-
72 415
-
pensions
1 615
-
3 403
-
unemployment
533
-
1 122
-
other
34
-
72
-
income
6 624
-
17 512
-
total
8 806
-
22 109
-
Employer
34 361
-
72 415
-
accident
681
-
1 434
-
pensions
8 108
-
17 090
-
other
275
-
578
-
unemployment
1 890
-
3 984
-
total
10 954
-
23 086
-
Corporate
50 185
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.

7 528
14 325
-
-
total
7 528
14 325
-
-
Dividends
42 657
81 175
-
-
withholding
8 747
16 836
-
-
total
8 747
16 836
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 035
31 161
45 195
44 035
After tax
59 465
64 339
50 305
51 465
Living cost
25 554
25 554
25 554
25 554
Free-cash
33 911
38 785
24 751
25 911

Estimated living cost  is ₽25554 per week

₽17248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5401
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59315
₽57853
₽57569
₽59191
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
920
pensions
-
-
-
1 268
income
-
-
-
32 258
total
-
-
-
34 446
Employee
2 648
-
94 073
-
health
132
-
317
-
pensions
238
-
571
-
unemployment
26
-
63
-
income
512
-
32 192
-
total
908
-
33 143
-
Employer
2 648
-
94 073
-
health
252
-
602
-
pensions
291
-
698
-
unemployment
53
-
127
-
total
596
-
1 427
-
Corporate
92 256
95 500
-
-
income
20 296
21 010
-
-
total
20 296
21 010
-
-
Dividends
71 959
74 490
-
-
withholding
14 392
14 898
-
-
total
14 392
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 192
35 908
34 570
34 446
After tax
59 308
59 592
60 930
61 054
Living cost
1 739
1 739
1 739
1 739
Free-cash
57 569
57 853
59 191
59 315

Estimated living cost  is ₽1739 per week

₽1033
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽525
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34824
₽52964
₽48403
₽34824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 058
pensions
-
-
-
17 816
unemployment
-
-
-
1 028
income
-
-
-
18 739
total
-
-
-
44 641
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.

24 180
-
83 234
-
health
1 245
-
3 529
-
pensions
3 385
-
9 593
-
unemployment
181
-
514
-
income
3 333
-
18 739
-
total
8 144
-
32 375
-
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.

24 180
-
83 234
-
health
1 245
-
3 529
-
pensions
2 902
-
8 223
-
unemployment
181
-
514
-
total
4 328
-
12 266
-
Corporate
66 992
95 500
-
-
income
10 049
14 325
-
-
total
10 049
14 325
-
-
Dividends
56 943
81 175
-
-
withholding
8 541
12 176
-
-
total
8 541
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 062
26 501
44 641
44 641
After tax
64 438
68 999
50 859
50 859
Living cost
16 035
16 035
16 035
16 035
Free-cash
48 403
52 964
34 824
34 824

Estimated living cost  is ₽16035 per week

₽10796
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28230
₽29267
₽28934
₽23229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
33 187
income
-
-
-
9 031
surtax
-
-
-
-
total
-
-
-
42 218
Employee
36 067
-
77 172
-
surtax
-
-
-
-
social contributions
3 968
-
8 489
-
income
7 047
-
20 402
-
total
11 015
-
28 891
-
Employer
36 067
-
77 172
-
social contributions
8 565
-
18 328
-
total
8 565
-
18 328
-
Corporate
50 868
95 500
-
-
surtax
-
-
-
-
income
10 683
20 056
-
-
total
10 683
20 056
-
-
Dividends
40 185
75 444
-
-
withholding
11 251
21 125
-
-
total
11 251
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 514
41 181
47 219
42 218
After tax
53 986
54 319
48 281
53 282
Living cost
25 052
25 052
25 052
25 052
Free-cash
28 934
29 267
23 229
28 230

Estimated living cost  is ₽25052 per week

₽17744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18806
₽31680
₽24594
₽17646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
accident
-
-
-
776
other
-
-
-
86
pensions
-
-
-
24 375
unemployment
-
-
-
603
income
-
-
-
18 195
total
-
-
-
44 035
Employee
44 879
-
72 415
-
pensions
2 109
-
3 403
-
unemployment
695
-
1 122
-
other
44
-
72
-
income
9 374
-
17 512
-
total
12 222
-
22 109
-
Employer
44 879
-
72 415
-
accident
889
-
1 434
-
pensions
10 591
-
17 090
-
other
360
-
578
-
unemployment
2 469
-
3 984
-
total
14 309
-
23 086
-
Corporate
36 312
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.

5 447
14 325
-
-
total
5 447
14 325
-
-
Dividends
30 865
81 175
-
-
withholding
6 269
16 836
-
-
total
6 269
16 836
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 247
31 161
45 195
44 035
After tax
57 253
64 339
50 305
51 465
Living cost
32 659
32 659
32 659
32 659
Free-cash
24 594
31 680
17 646
18 806

Estimated living cost  is ₽32659 per week

₽23454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2539
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.
₽6206
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55757
₽65170
₽59330
₽58712
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 849
pensions

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

-
-
-
4 953
unemployment
-
-
-
134
income
-
-
-
14 325
total
-
-
-
23 261
Employee
21 824
-
88 934
-
health
1 004
-
1 539
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

1 916
-
2 939
-
income
2 183
-
8 894
-
total
5 343
-
13 740
-
Employer
21 824
-
88 934
-
health
1 506
-
2 309
-
accident

We are using the highest rate at 1.1%.

240
-
368
-
pensions

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

2 405
-
3 688
-
unemployment
131
-
201
-
total
4 282
-
6 566
-
Corporate
69 394
95 500
-
-
income
6 940
9 550
-
-
total
6 940
9 550
-
-
Dividends
62 454
85 950
-
-
withholding
3 123
4 298
-
-
total
3 123
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 688
13 848
20 306
23 261
After tax
75 812
81 652
75 194
72 239
Living cost
16 482
16 482
16 482
16 482
Free-cash
59 330
65 170
58 712
55 757

Estimated living cost  is ₽16482 per week

₽10901
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽944
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.
₽4245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24283
₽13385
₽25541
₽31787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 348
trade
-
-
-
7 504
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.

-
-
-
1 120
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.

-
-
-
20 368
total
-
-
-
35 340
Employee

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

46 237
-
95 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 348
-
6 348
-
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.

210
-
1 120
-
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.

3 802
-
20 368
-
total
10 360
-
27 836
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 263
95 500
-
-
trade
7 070
13 704
-
-
chamber of commerce
213
280
-
-
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.

406
788
-
-
income
7 389
14 325
-
-
total
15 078
29 097
-
-
Dividends
34 186
66 403
-
-
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.

451
894
-
-
withholding
8 193
16 247
-
-
total
8 644
17 141
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 082
46 238
27 836
35 340
After tax
61 418
49 262
67 664
60 160
Living cost
35 877
35 877
35 877
35 877
Free-cash
25 541
13 385
31 787
24 283

Estimated living cost  is ₽35877 per week

₽24748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3860
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11178
₽13916
₽15966
₽11178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 840
social contributions
-
-
-
8 547
total
-
-
-
31 387
Employee
72 689
-
95 500
-
social contributions
6 039
-
8 547
-
income
13 716
-
22 840
-
total
19 755
-
31 387
-
Employer
72 689
-
95 500
-
total
-
-
-
-
Corporate
22 811
95 500
-
-
income
2 852
11 937
-
-
total
2 852
11 937
-
-
Dividends
19 959
83 563
-
-
withholding
3 992
16 712
-
-
total
3 992
16 712
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 599
28 649
31 387
31 387
After tax
68 901
66 851
64 113
64 113
Living cost
52 935
52 935
52 935
52 935
Free-cash
15 966
13 916
11 178
11 178

Estimated living cost  is ₽52935 per week

₽40272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4313
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.
₽7844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29552
₽23433
₽26851
₽36443
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 500
income
-
-
-
26 452
health

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

-
-
-
5 763
total
-
-
-
32 215
Employee
42 629
-
91 225
-
social contributions
4 271
-
4 275
-
income
4 626
-
16 774
-
total
8 897
-
21 049
-
Employer
42 629
-
91 225
-
social contributions
4 271
-
4 275
-
total
4 271
-
4 275
-
Corporate
48 600
95 500
-
-
income
17 010
33 425
-
-
total
17 010
33 425
-
-
Dividends
31 589
62 075
-
-
social contributions
4 738
4 909
-
-
total
4 738
4 909
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 916
38 334
25 324
32 215
After tax
60 584
57 166
70 176
63 285
Living cost
33 733
33 733
33 733
33 733
Free-cash
26 851
23 433
36 443
29 552

Estimated living cost  is ₽33733 per week

₽22220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8336
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33964
₽35371
₽31848
₽25264
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 990
income
-
-
-
20 077
total
-
-
-
27 067
Employee
47 313
-
84 053
-
health
617
-
1 369
-
pensions
3 611
-
8 021
-
income
8 616
-
14 933
-
total
12 844
-
24 323
-
Employer
47 313
-
84 053
-
health
899
-
1 596
-
pensions
4 780
-
9 848
-
total
5 679
-
11 444
-
Corporate
42 508
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.

8 077
18 146
-
-
total
8 077
18 146
-
-
Dividends
34 431
77 354
-
-
withholding
2 583
7 514
-
-
total
2 583
7 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 183
25 660
35 767
27 067
After tax
66 317
69 840
59 733
68 433
Living cost
34 469
34 469
34 469
34 469
Free-cash
31 848
35 371
25 264
33 964

Estimated living cost  is ₽34469 per week

₽23645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7220
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽43212
-₽14588
₽4311
₽27106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
2 044
accident
-
-
-
237
other
-
-
-
347
pensions
-
-
-
3 899
income
-
-
-
23 438
total
-
-
-
29 965
Employee
35 116
-
81 806
-
health
4 021
-
9 367
-
pensions
3 954
-
7 150
-
income
4 818
-
15 860
-
total
12 793
-
32 377
-
Employer
35 116
-
81 806
-
accident
586
-
1 366
-
pensions
5 710
-
10 324
-
unemployment
860
-
2 004
-
total
7 156
-
13 694
-
Corporate
53 228
95 500
-
-
income

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

47 906
85 950
-
-
total
47 906
85 950
-
-
Dividends
5 323
9 550
-
-
withholding
1 011
1 815
-
-
total
1 011
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 866
87 765
46 071
29 965
After tax
26 634
7 735
49 429
65 535
Living cost
22 323
22 323
22 323
22 323
Free-cash
4 311
-14 588
27 106
43 212

Estimated living cost  is ₽22323 per week

₽16383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4190
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽41981
₽67823
₽64120
₽47829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
95 500
health insurance
-
-
-
7 067
work injury
-
-
-
477
pensions
-
-
-
17 572
unemployment
-
-
-
1 146
income
-
-
-
14 717
total
-
-
-
40 979
Employee

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

20 063
-
95 500
-
pensions
3 692
-
13 659
-
work injury
100
-
371
-
unemployment
241
-
891
-
health insurance
1 485
-
5 493
-
income
2 006
-
14 717
-
total
7 524
-
35 131
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 437
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
75 437
94 545
-
-
withholding
11 316
14 182
-
-
total
11 316
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 840
15 137
35 131
40 979
After tax
76 660
80 363
60 369
54 521
Living cost
12 540
12 540
12 540
12 540
Free-cash
64 120
67 823
47 829
41 981

Estimated living cost  is ₽12540 per week

₽7768
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10882
₽13284
₽9058
₽6513
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 930
municipal
-
-
-
638
social contributions
-
-
-
24 563
national
-
-
-
20 467
total
-
-
-
47 598
Employee
78 306
-
95 500
-
regional
1 182
-
1 630
-
national
13 233
-
17 564
-
social contributions
26 404
-
32 203
-
municipal
467
-
570
-
total
41 286
-
51 967
-
Employer
78 306
-
95 500
-
total
-
-
-
-
Corporate
17 194
95 500
-
-
nationa
4 126
22 920
-
-
municipal
829
4 603
-
-
total
4 955
27 523
-
-
Dividends
12 239
67 978
-
-
withholding
3 181
17 673
-
-
total
3 181
17 673
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 422
45 196
51 967
47 598
After tax
46 078
50 304
43 533
47 902
Living cost
37 020
37 020
37 020
37 020
Free-cash
9 058
13 284
6 513
10 882

Estimated living cost  is ₽37020 per week

₽26004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2546
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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