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
₽19464
₽39124
₽31052
₽29988
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income

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

-
-
-
19 953
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.

-
-
-
1 098
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.

-
-
-
6 501
trade
-
-
-
8 072
total
-
-
-
35 624
Employee

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

36 398
-
95 500
-
surtax

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

56
-
1 098
-
income

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

1 017
-
19 953
-
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.

6 501
-
6 501
-
total
7 574
-
27 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 102
95 500
-
-
income
8 865
14 324
-
-
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.

488
787
-
-
chamber of commerce
229
282
-
-
trade
9 309
15 041
-
-
total
18 891
30 434
-
-
Dividends
40 211
65 065
-
-
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.

533
874
-
-
withholding
9 690
15 904
-
-
total
10 223
16 778
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 688
47 212
27 552
35 624
After tax
58 812
48 288
67 948
59 876
Living cost
28 824
28 824
28 824
28 824
Free-cash
29 988
19 464
39 124
31 052

Estimated living cost  is ₽28824 per week

₽18131
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3361
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.
₽6794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8551
₽7526
₽6777
₽7701
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
1 027
municipal
-
-
-
9 882
national
-
-
-
15 313
pensions
-
-
-
11 460
total
-
-
-
37 682
Employee
79 122
-
82 559
-
municipal
9 773
-
10 252
-
pensions
3 165
-
3 302
-
national
15 144
-
15 886
-
total
28 082
-
29 440
-
Employer
79 122
-
82 559
-
pensions
6 330
-
6 605
-
social contributions
851
-
888
-
total
7 181
-
7 493
-
Corporate
3 975
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%.

795
19 100
-
-
total
795
19 100
-
-
Dividends
3 180
76 400
-
-
withholding
700
16 808
-
-
total
700
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 758
35 908
36 933
37 682
After tax
58 742
59 592
58 567
57 818
Living cost
51 041
51 041
51 041
51 041
Free-cash
7 701
8 551
7 526
6 777

Estimated living cost  is ₽51041 per week

₽34692
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽764
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56601
₽34026
₽31178
₽48796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
95 500
income
-
-
-
13 820
surtax
-
-
-
-
social contributions

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

-
-
-
30 704
microenterprise
-
-
-
-
total
-
-
-
44 524
Employee
27 807
-
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.

3 059
-
8 466
-
income
4 950
-
14 671
-
total
8 009
-
23 137
-
Employer
27 807
-
76 961
-
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.

6 698
-
18 539
-
surtax
-
-
-
-
total
6 698
-
18 539
-
Corporate
60 995
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%.

12 199
19 101
-
-
total
12 199
19 101
-
-
Dividends

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

48 796
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 906
19 101
41 676
44 524
After tax
68 594
76 399
53 824
50 976
Living cost
19 798
19 798
19 798
19 798
Free-cash
48 796
56 601
34 026
31 178

Estimated living cost  is ₽19798 per week

₽12630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1885
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.
₽4833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6340
₽6342
₽14340
₽510
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 725
health
-
-
-
11 420
pensions
-
-
-
11 150
total
-
-
-
41 295
Employee
81 265
81 265
81 270
-
pensions
14 628
11 150
11 150
-
income

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

13 302
13 302
13 302
-
health
12 473
10 610
10 610
-
total
40 403
35 062
35 062
-
Employer
81 265
81 265
81 270
-
health
5 649
5 649
5 649
-
pensions
5 656
5 656
5 656
-
unemployment
2 926
2 926
2 926
-
total
14 231
14 231
14 231
-
Corporate
1 002
5
-
-
income
200
2
-
-
total
200
2
-
-
Dividends
801
3
-
-
income
170
-
-
-
withholding
121
-
-
-
total
291
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
55 125
49 295
49 293
41 295
After tax
40 375
46 205
46 207
54 205
Living cost
39 865
39 865
39 865
39 865
Free-cash
510
6 340
6 342
14 340

Estimated living cost  is ₽39865 per week

₽28251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽634
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13347
₽12204
₽10939
₽12475
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
170
other
-
-
-
9 880
unemployment
-
-
-
85
health
-
-
-
5 306
municipal
-
-
-
21 133
national
-
-
-
-
pensions
-
-
-
9 191
total
-
-
-
45 765
Employee
55 280
-
72 668
-
municipal
16 485
-
21 669
-
national
-
-
-
-
total
16 485
-
21 669
-
Employer
55 280
-
72 668
-
health
3 400
-
4 469
-
pensions
5 976
-
7 855
-
accident
111
-
145
-
unemployment
1 459
-
1 918
-
other
6 424
-
8 444
-
total
17 370
-
22 831
-
Corporate
22 850
95 500
-
-
income
5 027
21 010
-
-
total
5 027
21 010
-
-
Dividends
17 823
74 490
-
-
withholding
5 347
22 347
-
-
total
5 347
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 229
43 357
44 500
45 765
After tax
51 271
52 143
51 000
49 735
Living cost
38 796
38 796
38 796
38 796
Free-cash
12 475
13 347
12 204
10 939

Estimated living cost  is ₽38796 per week

₽25712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10413
₽30564
₽22132
₽23781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income

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

-
-
-
19 953
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.

-
-
-
1 098
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.

-
-
-
6 501
trade
-
-
-
8 432
total
-
-
-
35 984
Employee

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

48 259
-
95 500
-
surtax

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

228
-
1 098
-
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.

4 146
-
19 953
-
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.

6 501
-
6 501
-
total
10 875
-
27 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 241
95 500
-
-
income
7 086
14 324
-
-
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.

390
787
-
-
chamber of commerce
211
280
-
-
trade
7 771
15 709
-
-
total
15 458
31 100
-
-
Dividends
31 783
64 399
-
-
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.

417
865
-
-
withholding
7 585
15 738
-
-
total
8 002
16 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 335
47 703
27 552
35 984
After tax
61 165
47 797
67 948
59 516
Living cost
37 384
37 384
37 384
37 384
Free-cash
23 781
10 413
30 564
22 132

Estimated living cost  is ₽37384 per week

₽25002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3942
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39038
₽36739
₽36834
₽35091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 465
social contributions
-
-
-
14 899
health
-
-
-
2 436
total
-
-
-
27 800
Employee
73 175
73 175
86 700
-
social contributions
3 556
6 073
7 196
-
income
7 684
6 774
10 425
-
health
728
1 244
1 474
-
total
11 968
14 091
19 095
-
Employer
73 175
73 175
86 700
-
health
793
1 354
1 604
-
social contributions
3 556
6 073
7 196
-
total
4 349
7 427
8 800
-
Corporate
48 318
14 897
-
-
income
6 039
1 862
-
-
total
6 039
1 862
-
-
Dividends
42 279
13 035
-
-
withholding
7 187
2 216
-
-
total
7 187
2 216
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 543
25 596
27 895
27 800
After tax
65 957
69 904
67 605
67 700
Living cost
30 866
30 866
30 866
30 866
Free-cash
35 091
39 038
36 739
36 834

Estimated living cost  is ₽30866 per week

₽21100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2411
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36442
₽38003
₽48799
₽36803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
11 675
unemployment
-
-
-
1 433
health
-
-
-
6 685
pensions
-
-
-
9 550
total
-
-
-
29 343
Employee

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

The minimum wage is 138,000 HUF per month.

25 057
9 972
79 916
-
unemployment
376
150
1 199
-
pensions
2 506
997
7 992
-
income
3 063
1 219
9 770
-
health
1 754
698
5 594
-
total
7 699
3 064
24 555
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 057
9 972
79 916
-
pensions
4 886
1 945
15 584
-
total
4 886
1 945
15 584
-
Corporate
65 557
83 583
-
-
income
5 900
7 522
-
-
total
5 900
7 522
-
-
Dividends
59 657
76 061
-
-
social contributions
11 519
14 718
-
-
withholding
11 335
14 451
-
-
total
22 854
29 169
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 339
41 700
40 139
29 343
After tax
54 161
53 800
55 361
66 157
Living cost
17 358
17 358
17 358
17 358
Free-cash
36 803
36 442
38 003
48 799

Estimated living cost  is ₽17358 per week

₽11846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1420
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3746
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53414
₽32060
₽28205
₽47503
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 796
health
-
-
-
12 415
pensions
-
-
-
19 099
total
-
-
-
44 310
Employee
26 996
-
71 375
-
unemployment
432
-
1 141
-
pensions
540
-
1 427
-
income
3 039
-
13 761
-
total
4 011
-
16 329
-
Employer
26 996
-
71 375
-
health
3 509
-
9 279
-
pensions
5 400
-
14 276
-
unemployment
217
-
571
-
total
9 126
-
24 126
-
Corporate
59 379
95 500
-
-
income
11 875
19 101
-
-
total
11 875
19 101
-
-
Dividends
47 503
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
25 012
19 101
40 455
44 310
After tax
70 488
76 399
55 045
51 190
Living cost
22 985
22 985
22 985
22 985
Free-cash
47 503
53 414
32 060
28 205

Estimated living cost  is ₽22985 per week

₽15765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1369
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5389
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13412
₽28131
₽44402
₽4492
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
23 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
29 950
Employee
33 267
-
81 549
-
pensions
3 746
-
7 334
-
income
4 564
-
15 598
-
health
3 809
-
9 338
-
total
12 119
-
32 270
-
Employer
33 267
-
81 549
-
pensions
5 409
-
10 591
-
accident
555
-
1 362
-
unemployment
815
-
1 998
-
total
6 779
-
13 951
-
Corporate
55 453
95 500
-
-
income

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

49 908
85 950
-
-
total
49 908
85 950
-
-
Dividends
5 545
9 550
-
-
withholding
1 054
1 814
-
-
total
1 054
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 860
87 764
46 221
29 950
After tax
25 640
7 736
49 279
65 550
Living cost
21 148
21 148
21 148
21 148
Free-cash
4 492
-13 412
28 131
44 402

Estimated living cost  is ₽21148 per week

₽15500
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82910
₽68585
₽86730
₽81445
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 768
-
95 500
-
income
1 953
-
19 100
-
total
1 953
-
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%.

85 732
95 500
-
-
total
-
-
-
-
Dividends
85 732
95 500
-
-
withholding
4 287
4 775
-
-
total
4 287
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 240
4 775
19 100
955
After tax
89 260
90 725
76 400
94 545
Living cost
7 815
7 815
7 815
7 815
Free-cash
81 445
82 910
68 585
86 730

Estimated living cost  is ₽7815 per week

₽4843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44809
₽30505
₽26355
₽38379
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 130
other
-
-
-
4 536
health
-
-
-
4 202
pensions

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

-
-
-
22 920
total
-
-
-
43 788
Employee
34 552
-
76 278
-
unemployment
345
-
762
-
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.

2 418
-
5 340
-
income
5 949
-
13 250
-
health
484
-
1 067
-
total
9 196
-
20 419
-
Employer
34 552
-
76 278
-
health
484
-
1 067
-
pensions

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

5 875
-
12 966
-
accident
276
-
610
-
unemployment
345
-
762
-
other
1 728
-
3 814
-
total
8 708
-
19 219
-
Corporate
52 240
95 500
-
-
income
10 971
20 054
-
-
total
10 971
20 054
-
-
Dividends
41 269
75 446
-
-
withholding
2 889
5 280
-
-
total
2 889
5 280
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 764
25 334
39 638
43 788
After tax
63 736
70 166
55 862
51 712
Living cost
25 357
25 357
25 357
25 357
Free-cash
38 379
44 809
30 505
26 355

Estimated living cost  is ₽25357 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1712
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7062
-₽3284
₽5600
-₽5953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
19 817
pensions
-
-
-
7 021
total
-
-
-
26 838
Employee
89 223
-
84 079
-
pensions
8 608
-
7 991
-
income
16 083
-
14 945
-
health
1 470
-
1 364
-
total
26 161
-
24 300
-
Employer
89 223
-
84 079
-
health
1 695
-
1 597
-
pensions
10 535
-
9 825
-
total
12 230
-
11 422
-
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
-
7 230
-
-
total
-
7 230
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 391
25 376
35 722
26 838
After tax
57 109
70 124
59 778
68 662
Living cost
63 062
63 062
63 062
63 062
Free-cash
-5 953
7 062
-3 284
5 600

Estimated living cost  is ₽63062 per week

₽47254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7887
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69168
₽62778
₽59812
₽64745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 325
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
23 205
Employee
16 530
-
88 975
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 451
-
2 920
-
income
1 653
-
8 897
-
health
760
-
1 530
-
total
4 046
-
13 713
-
Employer
16 530
-
88 975
-
health
1 141
-
2 295
-
pensions

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

1 822
-
3 665
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
unemployment
99
-
200
-
total
3 244
-
6 526
-
Corporate
75 727
95 500
-
-
income
7 573
9 550
-
-
total
7 573
9 550
-
-
Dividends
68 154
85 950
-
-
withholding
3 408
4 298
-
-
total
3 408
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 271
13 848
20 239
23 205
After tax
77 229
81 652
75 261
72 295
Living cost
12 484
12 484
12 484
12 484
Free-cash
64 745
69 168
62 778
59 812

Estimated living cost  is ₽12484 per week

₽7288
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽891
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6564
-₽6562
₽1436
-₽8176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 725
health
-
-
-
11 420
pensions
-
-
-
11 150
total
-
-
-
41 295
Employee
88 227
81 265
81 270
-
pensions
11 150
11 150
11 150
-
income

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

13 302
13 302
13 302
-
health
11 007
10 610
10 610
-
total
35 459
35 062
35 062
-
Employer
88 227
81 265
81 270
-
health
6 131
5 649
5 649
-
pensions
6 140
5 656
5 656
-
unemployment
3 177
2 926
2 926
-
total
15 448
14 231
14 231
-
Corporate
-
5
-
-
income
-
2
-
-
total
-
2
-
-
Dividends
-
3
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
50 907
49 295
49 293
41 295
After tax
44 593
46 205
46 207
54 205
Living cost
52 769
52 769
52 769
52 769
Free-cash
-8 176
-6 564
-6 562
1 436

Estimated living cost  is ₽52769 per week

₽38926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4713
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8526
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42095
₽24807
₽22856
₽33655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
8 208
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
health
-
-
-
12 893
total
-
-
-
48 987
Employee
34 790
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 261
-
4 632
-
income
4 175
-
8 552
-
health
4 697
-
9 621
-
total
11 133
-
22 805
-
Employer
34 790
-
71 269
-
health
3 131
-
6 414
-
social contributions
8 697
-
17 817
-
total
11 828
-
24 231
-
Corporate
48 882
95 500
-
-
income
9 288
18 145
-
-
total
9 288
18 145
-
-
Dividends
39 594
77 355
-
-
withholding
5 939
11 603
-
-
total
5 939
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 188
29 748
47 036
48 987
After tax
57 312
65 752
48 464
46 513
Living cost
23 657
23 657
23 657
23 657
Free-cash
33 655
42 095
24 807
22 856

Estimated living cost  is ₽23657 per week

₽16432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1683
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10799
₽4306
₽8851
₽5829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
regional
-
-
-
1 054
municipal
-
-
-
567
national
-
-
-
20 311
total
-
-
-
46 494
Employee
84 574
-
95 500
-
municipal
448
-
506
-
national
14 655
-
17 407
-
regional
798
-
923
-
social contributions
28 519
-
32 203
-
total
44 420
-
51 039
-
Employer
84 574
-
95 500
-
total
-
-
-
-
Corporate
10 926
95 500
-
-
municipal
426
3 724
-
-
nationa
2 622
22 920
-
-
total
3 048
26 644
-
-
Dividends
7 877
68 856
-
-
withholding
2 048
17 902
-
-
total
2 048
17 902
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 516
44 546
51 039
46 494
After tax
45 984
50 954
44 461
49 006
Living cost
40 155
40 155
40 155
40 155
Free-cash
5 829
10 799
4 306
8 851

Estimated living cost  is ₽40155 per week

₽27991
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8914
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39071
₽26252
₽28099
₽36107
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 093
other
-
-
-
-
surtax
-
-
-
2 210
unemployment
-
-
-
217
health
-
-
-
6 781
pensions
-
-
-
19 101
total
-
-
-
46 402
Employee
31 470
-
78 891
-
other
-
-
-
-
unemployment
2 191
-
5 492
-
pensions
2 098
-
5 262
-
surtax
103
-
1 997
-
income
5 275
-
16 881
-
health
804
-
2 012
-
total
10 471
-
31 644
-
Employer
31 470
-
78 891
-
health
1 432
-
3 588
-
pensions
4 195
-
10 516
-
unemployment
997
-
2 501
-
other
-
-
-
-
total
6 624
-
16 605
-
Corporate
57 406
95 500
-
-
income
14 926
24 829
-
-
total
14 926
24 829
-
-
Dividends
42 481
70 671
-
-
withholding
6 373
10 601
-
-
total
6 373
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 394
35 430
48 249
46 402
After tax
57 106
60 070
47 251
49 098
Living cost
20 999
20 999
20 999
20 999
Free-cash
36 107
39 071
26 252
28 099

Estimated living cost  is ₽20999 per week

₽12840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27042
₽16696
₽25580
₽21051
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
19 817
pensions
-
-
-
7 021
total
-
-
-
26 838
Employee
59 795
-
84 079
-
pensions
5 075
-
7 991
-
income
10 769
-
14 945
-
health
868
-
1 364
-
total
16 712
-
24 300
-
Employer
59 795
-
84 079
-
health
1 136
-
1 597
-
pensions
6 473
-
9 825
-
total
7 609
-
11 422
-
Corporate
28 096
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.

5 339
18 146
-
-
total
5 339
18 146
-
-
Dividends
22 757
77 354
-
-
withholding
1 707
7 230
-
-
total
1 707
7 230
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 367
25 376
35 722
26 838
After tax
64 133
70 124
59 778
68 662
Living cost
43 082
43 082
43 082
43 082
Free-cash
21 051
27 042
16 696
25 580

Estimated living cost  is ₽43082 per week

₽32277
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3229
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.
₽7125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31865
-₽537
₽4301
-₽1314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 911
regional
-
-
-
3 180
health
-
-
-
246
city
-
-
-
1 007
national
-
-
-
535
pensions
-
-
-
8 786
total
-
-
-
15 665
Employee
88 394
-
85 478
-
unemployment
-
-
-
-
pensions
7 426
-
7 180
-
national
418
-
395
-
regional
2 894
-
2 737
-
city
949
-
918
-
health
200
-
192
-
total
11 887
-
11 422
-
Employer
88 394
-
85 478
-
health
200
-
192
-
pensions
7 426
-
7 180
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 767
-
1 709
-
total
9 393
-
9 081
-
Corporate
-
95 500
-
-
regional
-
20 199
-
-
national
-
8 117
-
-
total
-
28 316
-
-
Dividends
-
67 184
-
-
withholding
-
23 515
-
-
total
-
23 515
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 280
51 831
20 503
15 665
After tax
74 220
43 669
74 997
79 835
Living cost
75 534
75 534
75 534
75 534
Free-cash
-1 314
-31 865
-537
4 301

Estimated living cost  is ₽75534 per week

₽49119
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽927
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18709
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3711
₽24354
₽15563
₽19141
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income

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

-
-
-
19 953
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.

-
-
-
1 098
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.

-
-
-
6 501
trade
-
-
-
8 791
total
-
-
-
36 343
Employee

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

57 191
-
95 500
-
surtax

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

370
-
1 098
-
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.

6 725
-
19 953
-
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.

6 501
-
6 501
-
total
13 596
-
27 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 309
95 500
-
-
income
5 746
14 324
-
-
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.

316
787
-
-
chamber of commerce
199
278
-
-
trade
6 570
16 378
-
-
total
12 831
31 767
-
-
Dividends
25 478
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.

330
856
-
-
withholding
6 008
15 572
-
-
total
6 338
16 428
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 765
48 195
27 552
36 343
After tax
62 735
47 305
67 948
59 157
Living cost
43 594
43 594
43 594
43 594
Free-cash
19 141
3 711
24 354
15 563

Estimated living cost  is ₽43594 per week

₽31840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3487
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7702
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15573
₽27724
₽22424
₽21194
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
9 143
other
-
-
-
2 963
surtax
-
-
-
-
social contributions
-
-
-
2 721
health
-
-
-
1 788
pensions
-
-
-
23 903
total
-
-
-
40 518
Employee
40 728
-
77 540
-
pensions
4 605
-
3 670
-
surtax
-
-
-
-
social contributions
1 161
-
2 209
-
income
2 404
-
11 377
-
total
8 170
-
17 256
-
Employer
40 728
-
77 540
-
health
2 851
-
5 428
-
pensions
6 691
-
6 486
-
unemployment
1 649
-
3 140
-
social contributions
123
-
233
-
other
1 405
-
2 675
-
total
12 719
-
17 962
-
Corporate
42 053
95 500
-
-
income
11 774
26 740
-
-
surtax
-
-
-
-
total
11 774
26 740
-
-
Dividends
30 279
68 760
-
-
surtax
-
-
-
-
social contributions
5 210
11 827
-
-
withholding
3 875
8 802
-
-
total
9 085
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 748
47 369
35 218
40 518
After tax
53 752
48 131
60 282
54 982
Living cost
32 558
32 558
32 558
32 558
Free-cash
21 194
15 573
27 724
22 424

Estimated living cost  is ₽32558 per week

₽20529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2647
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.
₽8829
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18799
₽30950
₽25650
₽24086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
9 143
other
-
-
-
2 963
surtax
-
-
-
-
social contributions
-
-
-
2 721
health
-
-
-
1 788
pensions
-
-
-
23 903
total
-
-
-
40 518
Employee
36 355
-
77 540
-
pensions
4 112
-
3 670
-
surtax
-
-
-
-
social contributions
1 037
-
2 209
-
income
1 875
-
11 377
-
total
7 024
-
17 256
-
Employer
36 355
-
77 540
-
health
2 544
-
5 428
-
pensions
5 974
-
6 486
-
unemployment
1 472
-
3 140
-
social contributions
108
-
233
-
other
1 255
-
2 675
-
total
11 353
-
17 962
-
Corporate
47 791
95 500
-
-
income
13 382
26 740
-
-
surtax
-
-
-
-
total
13 382
26 740
-
-
Dividends
34 409
68 760
-
-
surtax
-
-
-
-
social contributions
5 918
11 827
-
-
withholding
4 405
8 802
-
-
total
10 323
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 082
47 369
35 218
40 518
After tax
53 418
48 131
60 282
54 982
Living cost
29 332
29 332
29 332
29 332
Free-cash
24 086
18 799
30 950
25 650

Estimated living cost  is ₽29332 per week

₽17011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8786
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38084
₽41300
₽41152
₽38577
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 324
social contributions
-
-
-
13 179
health
-
-
-
6 666
total
-
-
-
34 169
Employee
32 266
-
95 500
-
social contributions
4 453
-
13 179
-
income
5 382
-
14 176
-
health
2 252
-
6 666
-
total
12 087
-
34 021
-
Employer
32 266
-
95 500
-
total
-
-
-
-
Corporate
63 234
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%.

3 162
4 775
-
-
total
3 162
4 775
-
-
Dividends
60 072
90 725
-
-
social contributions
8 291
12 520
-
-
withholding
9 011
13 609
-
-
health
4 193
6 333
-
-
total
21 495
32 462
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 744
37 237
34 021
34 169
After tax
58 756
58 263
61 479
61 331
Living cost
20 179
20 179
20 179
20 179
Free-cash
38 577
38 084
41 300
41 152

Estimated living cost  is ₽20179 per week

₽13504
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
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.
₽4964
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19995
-₽4595
₽14794
₽18524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
15 792
surtax
-
-
-
188
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
383
health
-
-
-
7 307
pensions
-
-
-
17 667
total
-
-
-
47 174
Employee
47 558
37 924
74 010
-
other
475
379
740
-
unemployment
1 427
1 138
2 219
-
pensions
4 870
3 883
7 579
-
income
5 414
2 797
14 077
-
health
1 840
1 468
2 864
-
total
14 026
9 665
27 479
-
Employer
47 558
37 924
74 010
-
chamber of commerce
190
152
296
-
health
1 797
1 434
2 797
-
pensions
5 968
4 760
9 288
-
accident
618
493
963
-
unemployment
1 427
1 138
2 219
-
surtax
188
188
188
-
payroll
1 427
1 138
2 219
-
other
2 259
1 800
3 514
-
total
13 874
11 103
21 484
-
Corporate
34 069
46 474
70 404
-
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.

8 517
11 619
17 600
-
total
8 517
11 619
17 600
-
Dividends
25 553
34 855
-
-
withholding
7 027
9 586
-
-
total
7 027
9 586
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 444
41 973
66 563
47 174
After tax
52 056
53 527
28 937
48 326
Living cost
33 532
33 532
33 532
33 532
Free-cash
18 524
19 995
-4 595
14 794

Estimated living cost  is ₽33532 per week

₽22364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18861
₽2511
₽10117
₽4592
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
communal

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

-
-
-
4 834
social contributions
-
-
-
14 917
national
-
-
-
30 935
total
-
-
-
50 686
Employee

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

68 070
-
73 968
-
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.

592
-
643
-
communal

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

3 550
-
3 857
-
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.

5 105
-
5 548
-
national
20 927
-
23 235
-
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.

3 198
-
3 476
-
total
33 372
-
36 759
-
Employer

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

68 070
-
73 968
-
health

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

4 186
-
4 549
-
pensions

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

6 032
-
6 554
-
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.

885
-
963
-
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.

993
-
1 080
-
surtax
7 718
-
8 387
-
total
19 814
-
21 533
-
Corporate
7 616
95 500
-
-
income
1 522
19 101
-
-
surtax
31
383
-
-
total
1 553
19 484
-
-
Dividends
6 063
76 016
-
-
withholding

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

1 472
22 458
-
-
total
1 472
22 458
-
-
Income
95 500
95 500
95 500
95 500
Total tax
56 211
41 942
58 292
50 686
After tax
39 289
53 558
37 208
44 814
Living cost
34 697
34 697
34 697
34 697
Free-cash
4 592
18 861
2 511
10 117

Estimated living cost  is ₽34697 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29978
₽16121
₽16889
₽22396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
17 782
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
44 244
Employee
47 369
-
72 414
-
other
47
-
72
-
unemployment
735
-
1 123
-
pensions
2 227
-
3 404
-
income
9 995
-
17 328
-
total
13 004
-
21 927
-
Employer
47 369
-
72 414
-
pensions
11 178
-
17 089
-
accident
937
-
1 434
-
unemployment
2 606
-
3 982
-
other
377
-
580
-
total
15 098
-
23 085
-
Corporate
33 032
95 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

4 955
14 324
-
-
total
4 955
14 324
-
-
Dividends
28 076
81 176
-
-
withholding
5 680
16 831
-
-
total
5 680
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 737
31 155
45 012
44 244
After tax
56 763
64 345
50 488
51 256
Living cost
34 367
34 367
34 367
34 367
Free-cash
22 396
29 978
16 121
16 889

Estimated living cost  is ₽34367 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6729
₽7186
₽2906
₽230
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
communal
-
-
-
6 035
accident
-
-
-
805
income
-
-
-
8 278
surtax
-
-
-
4 735
health
-
-
-
6 711
pensions
-
-
-
14 315
total
-
-
-
40 879
Employee
72 066
-
85 306
-
pensions
5 764
-
6 824
-
surtax
4 417
-
5 228
-
income
6 961
-
10 557
-
health
3 207
-
3 796
-
total
20 349
-
26 405
-
Employer
72 066
-
85 306
-
health
2 198
-
2 602
-
pensions
5 764
-
6 824
-
accident
648
-
768
-
total
8 610
-
10 194
-
Corporate
14 824
95 500
-
-
communal
-
6 447
-
-
income
2 223
14 324
-
-
surtax
155
1 002
-
-
total
2 378
21 773
-
-
Dividends
12 446
73 726
-
-
income
10 351
4 224
-
-
withholding
1 867
11 059
-
-
total
12 218
15 283
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 555
37 056
36 599
40 879
After tax
51 945
58 444
58 901
54 621
Living cost
51 715
51 715
51 715
51 715
Free-cash
230
6 729
7 186
2 906

Estimated living cost  is ₽51715 per week

₽38794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3133
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38695
₽25876
₽27723
₽35668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 093
other
-
-
-
-
surtax
-
-
-
2 210
unemployment
-
-
-
217
health
-
-
-
6 781
pensions
-
-
-
19 101
total
-
-
-
46 402
Employee
32 047
-
78 891
-
other
-
-
-
-
unemployment
2 230
-
5 492
-
pensions
2 138
-
5 262
-
surtax
114
-
1 997
-
income
5 373
-
16 881
-
health
818
-
2 012
-
total
10 673
-
31 644
-
Employer
32 047
-
78 891
-
health
1 457
-
3 588
-
pensions
4 273
-
10 516
-
unemployment
1 017
-
2 501
-
other
-
-
-
-
total
6 747
-
16 605
-
Corporate
56 706
95 500
-
-
income
14 743
24 829
-
-
total
14 743
24 829
-
-
Dividends
41 963
70 671
-
-
withholding
6 294
10 601
-
-
total
6 294
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 457
35 430
48 249
46 402
After tax
57 043
60 070
47 251
49 098
Living cost
21 375
21 375
21 375
21 375
Free-cash
35 668
38 695
25 876
27 723

Estimated living cost  is ₽21375 per week

₽12905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6117
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽24563
₽18464
₽22985
₽22450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
regional
-
-
-
1 440
municipal
-
-
-
567
national
-
-
-
20 311
total
-
-
-
46 880
Employee
52 788
-
95 500
-
municipal
280
-
506
-
national
8 363
-
17 407
-
regional
711
-
1 285
-
social contributions
17 801
-
32 203
-
total
27 155
-
51 401
-
Employer
52 788
-
95 500
-
total
-
-
-
-
Corporate
42 712
95 500
-
-
municipal
2 122
4 746
-
-
nationa
10 250
22 920
-
-
total
12 372
27 666
-
-
Dividends
30 340
67 834
-
-
withholding
7 888
17 636
-
-
total
7 888
17 636
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 415
45 302
51 401
46 880
After tax
48 085
50 198
44 099
48 620
Living cost
25 635
25 635
25 635
25 635
Free-cash
22 450
24 563
18 464
22 985

Estimated living cost  is ₽25635 per week

₽15942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2597
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.
₽6656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36600
₽19312
₽17361
₽26200
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
8 208
social contributions
-
-
-
27 886
solidarity contribution
-
-
-
-
health
-
-
-
12 893
total
-
-
-
48 987
Employee
42 870
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 787
-
4 632
-
income
5 144
-
8 552
-
health
5 787
-
9 621
-
total
13 718
-
22 805
-
Employer
42 870
-
71 269
-
health
3 858
-
6 414
-
social contributions
10 718
-
17 817
-
total
14 576
-
24 231
-
Corporate
38 054
95 500
-
-
income
7 230
18 145
-
-
total
7 230
18 145
-
-
Dividends
30 824
77 355
-
-
withholding
4 624
11 603
-
-
total
4 624
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 148
29 748
47 036
48 987
After tax
55 352
65 752
48 464
46 513
Living cost
29 152
29 152
29 152
29 152
Free-cash
26 200
36 600
19 312
17 361

Estimated living cost  is ₽29152 per week

₽21679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1615
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽504
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5353
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23270
-₽1394
₽18154
₽22799
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
15 792
surtax
-
-
-
-
unemployment
-
-
-
5 837
chamber of commerce
-
-
-
383
health
-
-
-
7 307
pensions
-
-
-
17 667
total
-
-
-
46 986
Employee
41 598
37 924
74 156
-
other
415
379
742
-
unemployment
1 248
1 138
2 225
-
pensions
4 260
3 883
7 594
-
income
3 706
2 797
14 127
-
health
1 609
1 468
2 870
-
total
11 238
9 665
27 558
-
Employer
41 598
37 924
74 156
-
chamber of commerce
166
152
296
-
health
1 573
1 434
2 803
-
pensions
5 221
4 760
9 306
-
accident
540
493
964
-
unemployment
1 248
1 138
2 225
-
surtax
-
-
-
-
payroll
1 248
1 138
2 225
-
other
1 976
1 800
3 521
-
total
11 972
10 915
21 340
-
Corporate
41 931
46 662
70 548
-
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.

10 483
11 666
17 636
-
total
10 483
11 666
17 636
-
Dividends
31 447
34 996
-
-
withholding
8 648
9 624
-
-
total
8 648
9 624
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 341
41 870
66 534
46 986
After tax
53 159
53 630
28 966
48 514
Living cost
30 360
30 360
30 360
30 360
Free-cash
22 799
23 270
-1 394
18 154

Estimated living cost  is ₽30360 per week

₽18212
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3101
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8506
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78548
₽64222
₽82368
₽76264
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
95 500
microenterprise

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

-
-
-
955
total
-
-
-
955
Employee
15 222
-
95 500
-
income
3 045
-
19 100
-
total
3 045
-
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%.

80 278
95 500
-
-
total
-
-
-
-
Dividends
80 278
95 500
-
-
withholding
4 014
4 775
-
-
total
4 014
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
7 059
4 775
19 100
955
After tax
88 441
90 725
76 400
94 545
Living cost
12 178
12 178
12 178
12 178
Free-cash
76 264
78 548
64 222
82 368

Estimated living cost  is ₽12178 per week

₽8241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽511
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40226
₽21132
₽23870
₽32266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
95 500
income
-
-
-
19 125
unemployment
-
-
-
143
health
-
-
-
9 396
pensions
-
-
-
17 441
total
-
-
-
46 105
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.

42 081
-
82 633
-
unemployment
60
-
116
-
pensions
6 523
-
12 807
-
income
7 257
-
17 715
-
health
2 718
-
5 338
-
total
16 558
-
35 976
-
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.

42 081
-
82 633
-
health
2 803
-
5 504
-
pensions
3 724
-
7 314
-
unemployment
25
-
49
-
total
6 552
-
12 867
-
Corporate
46 867
95 500
-
-
income
8 905
18 146
-
-
total
8 905
18 146
-
-
Dividends
37 962
77 354
-
-
withholding
5 694
11 603
-
-
total
5 694
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 709
29 749
48 843
46 105
After tax
57 791
65 751
46 657
49 395
Living cost
25 525
25 525
25 525
25 525
Free-cash
32 266
40 226
21 132
23 870

Estimated living cost  is ₽25525 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16911
₽41751
₽24807
-₽46838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 615
social contributions
-
-
-
10 887
total
-
-
-
29 502
Employee
59 061
-
-
-
social contributions
4 843
-
690
-
income
13 028
-
-
-
total
17 871
-
690
-
Employer
59 061
-
-
-
social contributions
83 276
-
11 868
-
total
83 276
-
11 868
-
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
101 147
37 398
12 558
29 502
After tax
-5 647
58 102
82 942
65 998
Living cost
41 191
41 191
41 191
41 191
Free-cash
-46 838
16 911
41 751
24 807

Estimated living cost  is ₽41191 per week

₽26726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24472
₽18683
₽23541
₽23514
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income
-
-
-
8 923
surtax
-
-
-
-
social contributions

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

-
-
-
33 187
total
-
-
-
42 110
Employee
43 767
-
77 172
-
surtax
-
-
-
-
social contributions
4 814
-
8 489
-
income
9 104
-
20 151
-
total
13 918
-
28 640
-
Employer
43 767
-
77 172
-
social contributions
10 395
-
18 328
-
total
10 395
-
18 328
-
Corporate
41 338
95 500
-
-
income
8 681
20 054
-
-
surtax
-
-
-
-
total
8 681
20 054
-
-
Dividends
32 657
75 446
-
-
withholding
9 143
21 125
-
-
total
9 143
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 137
41 179
46 968
42 110
After tax
53 363
54 321
48 532
53 390
Living cost
29 849
29 849
29 849
29 849
Free-cash
23 514
24 472
18 683
23 541

Estimated living cost  is ₽29849 per week

₽22333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2169
₽14320
₽9020
₽8711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
9 143
other
-
-
-
2 963
surtax
-
-
-
-
social contributions
-
-
-
2 721
health
-
-
-
1 788
pensions
-
-
-
23 903
total
-
-
-
40 518
Employee
59 602
-
77 540
-
pensions
6 741
-
3 670
-
surtax
-
-
-
-
social contributions
1 698
-
2 209
-
income
5 200
-
11 377
-
total
13 639
-
17 256
-
Employer
59 602
-
77 540
-
health
4 172
-
5 428
-
pensions
9 793
-
6 486
-
unemployment
2 414
-
3 140
-
social contributions
179
-
233
-
other
2 057
-
2 675
-
total
18 615
-
17 962
-
Corporate
17 283
95 500
-
-
income
4 840
26 740
-
-
surtax
-
-
-
-
total
4 840
26 740
-
-
Dividends
12 443
68 760
-
-
surtax
-
-
-
-
social contributions
2 140
11 827
-
-
withholding
1 593
8 802
-
-
total
3 733
20 629
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 827
47 369
35 218
40 518
After tax
54 673
48 131
60 282
54 982
Living cost
45 962
45 962
45 962
45 962
Free-cash
8 711
2 169
14 320
9 020

Estimated living cost  is ₽45962 per week

₽31106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3760
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10465
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57345
₽46753
₽44215
₽54148
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 670
social contributions
-
-
-
21 010
total
-
-
-
22 680
Employee
30 594
-
82 684
-
income
-
-
1 952
-
social contributions
1 988
-
5 374
-
total
1 988
-
7 326
-
Employer
30 594
-
82 684
-
social contributions
4 742
-
12 816
-
total
4 742
-
12 816
-
Corporate
60 164
95 500
-
-
income
6 017
9 550
-
-
total
6 017
9 550
-
-
Dividends
54 147
85 950
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 747
9 550
20 142
22 680
After tax
82 753
85 950
75 358
72 820
Living cost
28 605
28 605
28 605
28 605
Free-cash
54 148
57 345
46 753
44 215

Estimated living cost  is ₽28605 per week

₽18496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2156
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.
₽7415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽111657
-₽111657
₽13421
-₽111657
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
labour market
-
-
-
7 574
municipal
-
-
-
17 756
national
-
-
-
10 135
pensions
-
-
-
824
total
-
-
-
36 289
Employee
193 270
193 270
193 270
-
municipal
41 156
41 156
41 156
-
labour market
15 440
15 440
15 440
-
pensions
275
275
275
-
national
23 611
23 611
23 611
-
total
80 482
80 482
80 482
-
Employer
193 270
193 270
193 270
-
national
23 653
23 653
23 653
-
labour market
15 462
15 462
15 462
-
pensions
549
549
549
-
municipal
41 221
41 221
41 221
-
total
80 885
80 885
80 885
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
161 367
161 367
161 367
36 289
After tax
-65 867
-65 867
-65 867
59 211
Living cost
45 790
45 790
45 790
45 790
Free-cash
-111 657
-111 657
-111 657
13 421

Estimated living cost  is ₽45790 per week

₽31339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4051
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽704
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9696
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13100
₽28443
₽44714
₽4540
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
23 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
29 950
Employee
32 777
-
81 549
-
pensions
3 691
-
7 334
-
income
4 497
-
15 598
-
health
3 753
-
9 338
-
total
11 941
-
32 270
-
Employer
32 777
-
81 549
-
pensions
5 329
-
10 591
-
accident
547
-
1 362
-
unemployment
803
-
1 998
-
total
6 679
-
13 951
-
Corporate
56 043
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.

50 439
85 950
-
-
total
50 439
85 950
-
-
Dividends
5 604
9 550
-
-
withholding
1 065
1 814
-
-
total
1 065
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
70 124
87 764
46 221
29 950
After tax
25 376
7 736
49 279
65 550
Living cost
20 836
20 836
20 836
20 836
Free-cash
4 540
-13 100
28 443
44 714

Estimated living cost  is ₽20836 per week

₽15166
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1188
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.
₽4091
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26938
₽17921
₽31241
₽24904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 073
municipal
-
-
-
16 997
national
-
-
-
9 654
total
-
-
-
27 724
Employee
50 067
-
80 340
-
municipal
8 201
-
13 116
-
unemployment
751
-
1 205
-
pensions
3 379
-
5 423
-
national
827
-
5 300
-
health
374
-
840
-
total
13 532
-
25 884
-
Employer
50 067
-
80 340
-
health
385
-
619
-
pensions
8 686
-
13 940
-
accident
51
-
79
-
unemployment
325
-
522
-
total
9 447
-
15 160
-
Corporate
35 987
95 500
-
-
income
7 196
19 101
-
-
total
7 196
19 101
-
-
Dividends

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

21 593
57 299
-
-
municipal
3 886
10 313
-
-
national
-
2 613
-
-
total
3 886
12 926
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 061
32 027
41 044
27 724
After tax
61 439
63 473
54 456
67 776
Living cost
36 535
36 535
36 535
36 535
Free-cash
24 904
26 938
17 921
31 241

Estimated living cost  is ₽36535 per week

₽23865
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47871
₽45572
₽45667
₽42690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 465
social contributions
-
-
-
14 899
health
-
-
-
2 436
total
-
-
-
27 800
Employee
73 175
73 175
86 700
-
social contributions
2 767
6 073
7 196
-
income
7 968
6 774
10 425
-
health
567
1 244
1 474
-
total
11 302
14 091
19 095
-
Employer
73 175
73 175
86 700
-
health
616
1 354
1 604
-
social contributions
2 767
6 073
7 196
-
total
3 383
7 427
8 800
-
Corporate
58 784
14 897
-
-
income
7 348
1 862
-
-
total
7 348
1 862
-
-
Dividends
51 436
13 035
-
-
withholding
8 744
2 216
-
-
total
8 744
2 216
-
-
Income
95 500
95 500
95 500
95 500
Total tax
30 777
25 596
27 895
27 800
After tax
64 723
69 904
67 605
67 700
Living cost
22 033
22 033
22 033
22 033
Free-cash
42 690
47 871
45 572
45 667

Estimated living cost  is ₽22033 per week

₽13205
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63976
₽43790
₽61745
₽59136
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
95 500
income
-
-
-
9 122
unemployment
-
-
-
27
health
-
-
-
3 444
pensions
-
-
-
6 053
total
-
-
-
18 646
Employee

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

21 843
-
86 581
-
unemployment
108
-
433
-
pensions
3 276
-
12 988
-
income
1 493
-
6 902
-
health
1 856
-
7 359
-
total
6 733
-
27 682
-
Employer

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

21 843
-
86 581
-
health
939
-
3 724
-
pensions
1 201
-
4 762
-
unemployment
108
-
433
-
total
2 248
-
8 919
-
Corporate
71 409
95 500
-
-
income
6 427
8 594
-
-
total
6 427
8 594
-
-
Dividends
64 982
86 906
-
-
withholding
5 847
7 821
-
-
total
5 847
7 821
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 255
16 415
36 601
18 646
After tax
74 245
79 085
58 899
76 854
Living cost
15 109
15 109
15 109
15 109
Free-cash
59 136
63 976
43 790
61 745

Estimated living cost  is ₽15109 per week

₽9640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1089
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.
₽3930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38176
₽24319
₽25087
₽33185
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
17 782
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
44 244
Employee
35 187
-
72 414
-
other
34
-
72
-
unemployment
545
-
1 123
-
pensions
1 654
-
3 404
-
income
6 784
-
17 328
-
total
9 017
-
21 927
-
Employer
35 187
-
72 414
-
pensions
8 303
-
17 089
-
accident
697
-
1 434
-
unemployment
1 936
-
3 982
-
other
282
-
580
-
total
11 218
-
23 085
-
Corporate
49 095
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.

7 364
14 324
-
-
total
7 364
14 324
-
-
Dividends
41 730
81 176
-
-
withholding
8 547
16 831
-
-
total
8 547
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 146
31 155
45 012
44 244
After tax
59 354
64 345
50 488
51 256
Living cost
26 169
26 169
26 169
26 169
Free-cash
33 185
38 176
24 319
25 087

Estimated living cost  is ₽26169 per week

₽17663
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2516
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽459
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57728
₽58983
₽59116
₽57423
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
32 174
health
-
-
-
986
pensions
-
-
-
1 360
total
-
-
-
34 520
Employee
2 839
-
93 970
-
unemployment
28
-
68
-
pensions
255
-
612
-
income
549
-
32 103
-
health
142
-
340
-
total
974
-
33 123
-
Employer
2 839
-
93 970
-
health
270
-
646
-
pensions
312
-
748
-
unemployment
57
-
136
-
total
639
-
1 530
-
Corporate
92 022
95 500
-
-
income
20 245
21 010
-
-
total
20 245
21 010
-
-
Dividends
71 777
74 490
-
-
withholding
14 355
14 898
-
-
total
14 355
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 213
35 908
34 653
34 520
After tax
59 287
59 592
60 847
60 980
Living cost
1 864
1 864
1 864
1 864
Free-cash
57 423
57 728
58 983
59 116

Estimated living cost  is ₽1864 per week

₽1108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽562
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52532
₽34090
₽34090
₽47846
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

The minimum monthly earnings used to calculate the contributions are 35% of the national average gross wage for the previous three months.

The maximum monthly earnings used to calculate the contributions are five times the national average gross wage in the previous month.

-
-
-
95 500
income
-
-
-
18 343
unemployment
-
-
-
1 056
health
-
-
-
7 248
pensions
-
-
-
18 296
total
-
-
-
44 943
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.

24 831
-
82 904
-
unemployment
186
-
528
-
pensions
3 476
-
9 852
-
income
3 423
-
18 343
-
health
1 279
-
3 624
-
total
8 364
-
32 347
-
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.

24 831
-
82 904
-
health
1 279
-
3 624
-
pensions
2 980
-
8 444
-
unemployment
186
-
528
-
total
4 445
-
12 596
-
Corporate
66 224
95 500
-
-
income
9 934
14 325
-
-
total
9 934
14 325
-
-
Dividends
56 291
81 175
-
-
withholding
8 444
12 176
-
-
total
8 444
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 187
26 501
44 943
44 943
After tax
64 313
68 999
50 557
50 557
Living cost
16 467
16 467
16 467
16 467
Free-cash
47 846
52 532
34 090
34 090

Estimated living cost  is ₽16467 per week

₽11087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1274
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.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28666
₽22877
₽27735
₽28324
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income
-
-
-
8 923
surtax
-
-
-
-
social contributions

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

-
-
-
33 187
total
-
-
-
42 110
Employee
36 935
-
77 172
-
surtax
-
-
-
-
social contributions
4 063
-
8 489
-
income
7 217
-
20 151
-
total
11 280
-
28 640
-
Employer
36 935
-
77 172
-
social contributions
8 771
-
18 328
-
total
8 771
-
18 328
-
Corporate
49 794
95 500
-
-
income
10 456
20 054
-
-
surtax
-
-
-
-
total
10 456
20 054
-
-
Dividends
39 338
75 446
-
-
withholding
11 014
21 125
-
-
total
11 014
21 125
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 521
41 179
46 968
42 110
After tax
53 979
54 321
48 532
53 390
Living cost
25 655
25 655
25 655
25 655
Free-cash
28 324
28 666
22 877
27 735

Estimated living cost  is ₽25655 per week

₽18171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5248
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30901
₽17044
₽17812
₽23645
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
795
income
-
-
-
17 782
other
-
-
-
88
unemployment
-
-
-
618
pensions
-
-
-
24 961
total
-
-
-
44 244
Employee
45 959
-
72 414
-
other
45
-
72
-
unemployment
712
-
1 123
-
pensions
2 160
-
3 404
-
income
9 599
-
17 328
-
total
12 516
-
21 927
-
Employer
45 959
-
72 414
-
pensions
10 846
-
17 089
-
accident
910
-
1 434
-
unemployment
2 528
-
3 982
-
other
368
-
580
-
total
14 652
-
23 085
-
Corporate
34 888
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.

5 233
14 324
-
-
total
5 233
14 324
-
-
Dividends
29 655
81 176
-
-
withholding
6 010
16 831
-
-
total
6 010
16 831
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 411
31 155
45 012
44 244
After tax
57 089
64 345
50 488
51 256
Living cost
33 444
33 444
33 444
33 444
Free-cash
23 645
30 901
17 044
17 812

Estimated living cost  is ₽33444 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65273
₽58882
₽55916
₽59472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 325
unemployment
-
-
-
133
health
-
-
-
3 825
pensions

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

-
-
-
4 922
total
-
-
-
23 205
Employee
21 688
-
88 975
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
pensions

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

1 904
-
2 920
-
income
2 169
-
8 897
-
health
998
-
1 530
-
total
5 309
-
13 713
-
Employer
21 688
-
88 975
-
health
1 497
-
2 295
-
pensions

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

2 390
-
3 665
-
accident

We are using the highest rate at 1.1%.

238
-
366
-
unemployment
130
-
200
-
total
4 255
-
6 526
-
Corporate
69 557
95 500
-
-
income
6 955
9 550
-
-
total
6 955
9 550
-
-
Dividends
62 601
85 950
-
-
withholding
3 130
4 298
-
-
total
3 130
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 649
13 848
20 239
23 205
After tax
75 851
81 652
75 261
72 295
Living cost
16 379
16 379
16 379
16 379
Free-cash
59 472
65 273
58 882
55 916

Estimated living cost  is ₽16379 per week

₽10833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
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.
₽4218
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
₽12526
₽31208
₽23853
₽24978
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income

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

-
-
-
19 953
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.

-
-
-
1 098
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.

-
-
-
6 501
trade
-
-
-
7 355
total
-
-
-
34 907
Employee

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

47 349
-
95 500
-
surtax

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

215
-
1 098
-
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.

3 893
-
19 953
-
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.

6 501
-
6 501
-
total
10 609
-
27 552
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 151
95 500
-
-
income
7 222
14 324
-
-
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.

397
787
-
-
chamber of commerce
215
285
-
-
trade
6 909
13 705
-
-
total
14 743
29 101
-
-
Dividends
33 408
66 398
-
-
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.

439
894
-
-
withholding
7 991
16 239
-
-
total
8 430
17 133
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 782
46 234
27 552
34 907
After tax
61 718
49 266
67 948
60 593
Living cost
36 740
36 740
36 740
36 740
Free-cash
24 978
12 526
31 208
23 853

Estimated living cost  is ₽36740 per week

₽25344
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.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12641
₽10320
₽10320
₽14742
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 471
social contributions
-
-
-
8 500
total
-
-
-
30 971
Employee
74 438
-
95 500
-
income
14 046
-
22 471
-
social contributions
6 184
-
8 500
-
total
20 230
-
30 971
-
Employer
74 438
-
95 500
-
total
-
-
-
-
Corporate
21 062
95 500
-
-
income
2 633
11 937
-
-
total
2 633
11 937
-
-
Dividends
18 429
83 563
-
-
withholding
3 686
16 713
-
-
total
3 686
16 713
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 549
28 650
30 971
30 971
After tax
68 951
66 850
64 529
64 529
Living cost
54 209
54 209
54 209
54 209
Free-cash
14 742
12 641
10 320
10 320

Estimated living cost  is ₽54209 per week

₽41241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4417
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22503
₽35599
₽28013
₽26229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 088
health

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

-
-
-
5 855
total
-
-
-
32 943
Employee
43 655
-
91 123
-
income
4 737
-
16 603
-
social contributions
4 374
-
4 377
-
total
9 111
-
20 980
-
Employer
43 655
-
91 123
-
social contributions
4 374
-
4 377
-
total
4 374
-
4 377
-
Corporate
47 471
95 500
-
-
income
16 614
33 425
-
-
total
16 614
33 425
-
-
Dividends
30 857
62 075
-
-
social contributions
4 628
5 028
-
-
total
4 628
5 028
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 727
38 453
25 357
32 943
After tax
60 773
57 047
70 143
62 557
Living cost
34 544
34 544
34 544
34 544
Free-cash
26 229
22 503
35 599
28 013

Estimated living cost  is ₽34544 per week

₽22754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2723
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.
₽8536
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35099
₽24753
₽33637
₽31208
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
19 817
pensions
-
-
-
7 021
total
-
-
-
26 838
Employee
48 076
-
84 079
-
pensions
3 669
-
7 991
-
income
8 755
-
14 945
-
health
627
-
1 364
-
total
13 051
-
24 300
-
Employer
48 076
-
84 079
-
health
914
-
1 597
-
pensions
4 857
-
9 825
-
total
5 771
-
11 422
-
Corporate
41 653
95 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

7 914
18 146
-
-
total
7 914
18 146
-
-
Dividends
33 739
77 354
-
-
withholding
2 531
7 230
-
-
total
2 531
7 230
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 267
25 376
35 722
26 838
After tax
66 233
70 124
59 778
68 662
Living cost
35 025
35 025
35 025
35 025
Free-cash
31 208
35 099
24 753
33 637

Estimated living cost  is ₽35025 per week

₽24027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15163
₽26380
₽42651
₽4224
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
243
income
-
-
-
23 255
other
-
-
-
356
health
-
-
-
2 096
pensions
-
-
-
4 000
total
-
-
-
29 950
Employee
36 021
-
81 549
-
pensions
4 056
-
7 334
-
income
4 942
-
15 598
-
health
4 124
-
9 338
-
total
13 122
-
32 270
-
Employer
36 021
-
81 549
-
pensions
5 857
-
10 591
-
accident
602
-
1 362
-
unemployment
882
-
1 998
-
total
7 341
-
13 951
-
Corporate
52 138
95 500
-
-
income

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

46 924
85 950
-
-
total
46 924
85 950
-
-
Dividends
5 214
9 550
-
-
withholding
990
1 814
-
-
total
990
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 377
87 764
46 221
29 950
After tax
27 123
7 736
49 279
65 550
Living cost
22 899
22 899
22 899
22 899
Free-cash
4 224
-15 163
26 380
42 651

Estimated living cost  is ₽22899 per week

₽16805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1334
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4298
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67518
₽47088
₽41735
₽63705
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
income
-
-
-
14 657
unemployment
-
-
-
1 146
work injury
-
-
-
478
health insurance
-
-
-
7 067
pensions
-
-
-
17 572
total
-
-
-
40 920
Employee

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

20 552
-
95 500
-
health insurance
1 521
-
5 627
-
unemployment
247
-
912
-
work injury
103
-
380
-
pensions
3 782
-
13 991
-
income
2 055
-
14 657
-
total
7 708
-
35 567
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 948
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
74 948
94 545
-
-
withholding
11 242
14 182
-
-
total
11 242
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 950
15 137
35 567
40 920
After tax
76 550
80 363
59 933
54 580
Living cost
12 845
12 845
12 845
12 845
Free-cash
63 705
67 518
47 088
41 735

Estimated living cost  is ₽12845 per week

₽7958
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽933
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽3553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12393
₽5801
₽10168
₽8063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 562
regional
-
-
-
1 910
municipal
-
-
-
639
national
-
-
-
20 311
total
-
-
-
47 422
Employee
80 190
-
95 500
-
municipal
479
-
569
-
national
13 551
-
17 407
-
regional
1 211
-
1 610
-
social contributions
27 039
-
32 203
-
total
42 280
-
51 789
-
Employer
80 190
-
95 500
-
total
-
-
-
-
Corporate
15 310
95 500
-
-
municipal
739
4 603
-
-
nationa
3 675
22 920
-
-
total
4 414
27 523
-
-
Dividends
10 897
67 977
-
-
withholding
2 833
17 674
-
-
total
2 833
17 674
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 527
45 197
51 789
47 422
After tax
45 973
50 303
43 711
48 078
Living cost
37 910
37 910
37 910
37 910
Free-cash
8 063
12 393
5 801
10 168

Estimated living cost  is ₽37910 per week

₽26630
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8099
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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