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
₽19746
₽39292
₽31150
₽30167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 127
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.

-
-
-
1 107
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.

-
-
-
6 437
trade
-
-
-
8 142
total
-
-
-
35 813
Employee

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

36 036
-
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.

55
-
1 107
-
income

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

1 007
-
20 127
-
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.

6 437
-
6 437
-
total
7 499
-
27 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 464
95 500
-
-
income
8 920
14 325
-
-
surtax

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

490
788
-
-
chamber of commerce
229
281
-
-
trade
9 365
15 042
-
-
total
19 004
30 436
-
-
Dividends
40 460
65 064
-
-
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.

536
874
-
-
withholding
9 757
15 907
-
-
total
10 293
16 781
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 796
47 217
27 671
35 813
After tax
58 704
48 283
67 829
59 687
Living cost
28 537
28 537
28 537
28 537
Free-cash
30 167
19 746
39 292
31 150

Estimated living cost  is ₽28537 per week

₽17951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3327
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.
₽6726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9422
₽8342
₽7592
₽8587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 904
national
-
-
-
15 347
pensions
-
-
-
11 460
total
-
-
-
37 738
Employee
77 774
-
82 559
-
municipal
9 606
-
10 273
-
pensions
3 111
-
3 302
-
national
14 886
-
15 919
-
total
27 603
-
29 494
-
Employer
77 774
-
82 559
-
pensions
6 222
-
6 605
-
social contributions
836
-
888
-
total
7 058
-
7 493
-
Corporate
5 535
95 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

1 107
19 100
-
-
total
1 107
19 100
-
-
Dividends
4 428
76 400
-
-
withholding
974
16 808
-
-
total
974
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 742
35 908
36 987
37 738
After tax
58 758
59 592
58 513
57 762
Living cost
50 170
50 170
50 170
50 170
Free-cash
8 587
9 422
8 342
7 592

Estimated living cost  is ₽50170 per week

₽34100
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽751
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10655
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56798
₽34214
₽31366
₽49071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 831
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.

-
-
-
30 702
microenterprise
-
-
-
-
total
-
-
-
44 533
Employee
27 531
-
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.

3 029
-
8 466
-
income
4 901
-
14 680
-
total
7 930
-
23 146
-
Employer
27 531
-
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.

6 631
-
18 539
-
surtax
-
-
-
-
total
6 631
-
18 539
-
Corporate
61 338
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%.

12 267
19 101
-
-
total
12 267
19 101
-
-
Dividends

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

49 071
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 828
19 101
41 685
44 533
After tax
68 672
76 399
53 815
50 967
Living cost
19 601
19 601
19 601
19 601
Free-cash
49 071
56 798
34 214
31 366

Estimated living cost  is ₽19601 per week

₽12505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6761
₽7041
₽14730
₽990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 900
health
-
-
-
11 362
pensions
-
-
-
11 039
total
-
-
-
41 301
Employee
80 457
80 457
81 270
-
pensions
14 482
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
12 349
10 504
10 551
-
total
40 001
34 713
34 760
-
Employer
80 457
80 457
81 270
-
health
5 593
5 593
5 648
-
pensions
5 600
5 600
5 657
-
unemployment
2 896
2 896
2 925
-
total
14 089
14 089
14 230
-
Corporate
1 941
954
-
-
income
388
191
-
-
total
388
191
-
-
Dividends
1 553
763
-
-
income
331
163
-
-
withholding
232
114
-
-
total
563
277
-
-
Income
95 500
95 500
95 500
95 500
Total tax
55 041
49 270
48 990
41 301
After tax
40 459
46 230
46 510
54 199
Living cost
39 469
39 469
39 469
39 469
Free-cash
990
6 761
7 041
14 730

Estimated living cost  is ₽39469 per week

₽27970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3558
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽628
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14523
₽13378
₽12639
₽13678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
165
other
-
-
-
9 581
unemployment
-
-
-
82
health
-
-
-
5 145
municipal
-
-
-
21 355
national
-
-
-
-
pensions
-
-
-
8 913
total
-
-
-
45 241
Employee
53 604
-
72 668
-
municipal
15 985
-
21 670
-
national
-
-
-
-
total
15 985
-
21 670
-
Employer
53 604
-
72 668
-
health
3 297
-
4 469
-
pensions
5 795
-
7 855
-
accident
107
-
145
-
unemployment
1 415
-
1 919
-
other
6 229
-
8 444
-
total
16 843
-
22 832
-
Corporate
25 053
95 500
-
-
income
5 512
21 010
-
-
total
5 512
21 010
-
-
Dividends
19 541
74 490
-
-
withholding
5 862
22 347
-
-
total
5 862
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 202
43 357
44 502
45 241
After tax
51 298
52 143
50 998
50 259
Living cost
37 620
37 620
37 620
37 620
Free-cash
13 678
14 523
13 378
12 639

Estimated living cost  is ₽37620 per week

₽24933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10779
₽30817
₽22314
₽24017
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 127
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.

-
-
-
1 107
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.

-
-
-
6 437
trade
-
-
-
8 503
total
-
-
-
36 174
Employee

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

47 779
-
95 500
-
surtax

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

225
-
1 107
-
income

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

4 105
-
20 127
-
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.

6 437
-
6 437
-
total
10 767
-
27 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 721
95 500
-
-
income
7 159
14 325
-
-
surtax

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

393
788
-
-
chamber of commerce
211
279
-
-
trade
7 851
15 711
-
-
total
15 614
31 103
-
-
Dividends
32 107
64 397
-
-
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.

422
865
-
-
withholding
7 668
15 741
-
-
total
8 090
16 606
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 471
47 709
27 671
36 174
After tax
61 029
47 791
67 829
59 326
Living cost
37 012
37 012
37 012
37 012
Free-cash
24 017
10 779
30 817
22 314

Estimated living cost  is ₽37012 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7803
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39337
₽36918
₽37012
₽35431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 595
social contributions
-
-
-
14 899
health
-
-
-
2 435
total
-
-
-
27 929
Employee
72 448
72 448
86 700
-
social contributions
3 520
6 013
7 196
-
income
7 608
6 707
10 554
-
health
721
1 232
1 473
-
total
11 849
13 952
19 223
-
Employer
72 448
72 448
86 700
-
health
785
1 341
1 604
-
social contributions
3 520
6 013
7 196
-
total
4 305
7 354
8 800
-
Corporate
48 787
15 698
-
-
income
6 099
1 963
-
-
total
6 099
1 963
-
-
Dividends
42 688
13 735
-
-
withholding
7 257
2 335
-
-
total
7 257
2 335
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 510
25 604
28 023
27 929
After tax
65 990
69 896
67 477
67 571
Living cost
30 559
30 559
30 559
30 559
Free-cash
35 431
39 337
36 918
37 012

Estimated living cost  is ₽30559 per week

₽20890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2387
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.
₽6769
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36881
₽38452
₽49249
₽37233
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
79 916
-
unemployment
366
146
1 199
-
pensions
2 441
971
7 992
-
income
2 984
1 188
9 770
-
health
1 709
680
5 594
-
total
7 500
2 985
24 555
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 409
9 714
79 916
-
pensions
4 760
1 894
15 584
-
total
4 760
1 894
15 584
-
Corporate
66 331
83 891
-
-
income
5 970
7 550
-
-
total
5 970
7 550
-
-
Dividends
60 361
76 341
-
-
social contributions
11 659
14 776
-
-
withholding
11 469
14 505
-
-
total
23 128
29 281
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 358
41 710
40 139
29 342
After tax
54 142
53 790
55 361
66 158
Living cost
16 909
16 909
16 909
16 909
Free-cash
37 233
36 881
38 452
49 249

Estimated living cost  is ₽16909 per week

₽11539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1384
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽338
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53642
₽32288
₽28431
₽47790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 101
total
-
-
-
44 312
Employee
26 728
-
71 375
-
unemployment
427
-
1 142
-
pensions
535
-
1 427
-
income
3 009
-
13 762
-
total
3 971
-
16 331
-
Employer
26 728
-
71 375
-
health
3 474
-
9 279
-
pensions
5 346
-
14 275
-
unemployment
215
-
570
-
total
9 035
-
24 124
-
Corporate
59 738
95 500
-
-
income
11 947
19 101
-
-
total
11 947
19 101
-
-
Dividends
47 791
76 399
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
24 953
19 101
40 455
44 312
After tax
70 547
76 399
55 045
51 188
Living cost
22 757
22 757
22 757
22 757
Free-cash
47 790
53 642
32 288
28 431

Estimated living cost  is ₽22757 per week

₽15609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1355
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13309
₽28265
₽44503
₽4508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
23 291
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
29 953
Employee
33 103
-
81 599
-
pensions
3 728
-
7 298
-
income
4 541
-
15 650
-
health
3 790
-
9 343
-
total
12 059
-
32 291
-
Employer
33 103
-
81 599
-
pensions
5 383
-
10 538
-
accident
553
-
1 363
-
unemployment
811
-
1 999
-
total
6 747
-
13 900
-
Corporate
55 650
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.

50 085
85 950
-
-
total
50 085
85 950
-
-
Dividends
5 565
9 550
-
-
withholding
1 057
1 815
-
-
total
1 057
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 948
87 765
46 191
29 953
After tax
25 552
7 735
49 309
65 547
Living cost
21 044
21 044
21 044
21 044
Free-cash
4 508
-13 309
28 265
44 503

Estimated living cost  is ₽21044 per week

₽15423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1166
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.
₽4016
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83118
₽68793
₽86938
₽81691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 509
-
95 500
-
income
1 902
-
19 100
-
total
1 902
-
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%.

85 991
95 500
-
-
total
-
-
-
-
Dividends
85 991
95 500
-
-
withholding
4 300
4 775
-
-
total
4 300
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 202
4 775
19 100
955
After tax
89 298
90 725
76 400
94 545
Living cost
7 607
7 607
7 607
7 607
Free-cash
81 691
83 118
68 793
86 938

Estimated living cost  is ₽7607 per week

₽4714
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽632
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2051
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45058
₽30712
₽26608
₽38698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 129
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
-
-
-
43 787
Employee
34 209
-
76 278
-
unemployment
341
-
763
-
pensions

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

2 394
-
5 341
-
income
5 889
-
13 290
-
health
479
-
1 067
-
total
9 103
-
20 461
-
Employer
34 209
-
76 278
-
health
479
-
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.

5 816
-
12 968
-
accident
274
-
610
-
unemployment
341
-
763
-
other
1 711
-
3 814
-
total
8 621
-
19 222
-
Corporate
52 670
95 500
-
-
income
11 060
20 055
-
-
total
11 060
20 055
-
-
Dividends
41 609
75 445
-
-
withholding
2 913
5 282
-
-
total
2 913
5 282
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 697
25 337
39 683
43 787
After tax
63 803
70 163
55 817
51 713
Living cost
25 105
25 105
25 105
25 105
Free-cash
38 698
45 058
30 712
26 608

Estimated living cost  is ₽25105 per week

₽17738
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1695
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽404
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5267
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7075
-₽3268
₽5612
-₽5926
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 821
pensions
-
-
-
7 021
total
-
-
-
26 842
Employee
89 201
-
84 079
-
pensions
8 605
-
7 991
-
income
16 079
-
14 944
-
health
1 470
-
1 366
-
total
26 154
-
24 301
-
Employer
89 201
-
84 079
-
health
1 694
-
1 597
-
pensions
10 532
-
9 824
-
total
12 226
-
11 421
-
Corporate
-
95 500
-
-
income

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

-
18 145
-
-
total
-
18 145
-
-
Dividends
-
77 355
-
-
withholding
-
7 234
-
-
total
-
7 234
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 380
25 379
35 722
26 842
After tax
57 120
70 121
59 778
68 658
Living cost
63 046
63 046
63 046
63 046
Free-cash
-5 926
7 075
-3 268
5 612

Estimated living cost  is ₽63046 per week

₽47242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7408
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.
₽7885
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69304
₽63030
₽60043
₽64927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
23 109
Employee
16 350
-
89 046
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
pensions

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

1 436
-
2 888
-
income
1 635
-
8 905
-
health
752
-
1 513
-
total
4 003
-
13 668
-
Employer
16 350
-
89 046
-
health
1 129
-
2 270
-
pensions

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

1 802
-
3 625
-
accident

We are using the highest rate at 1.1%.

180
-
362
-
unemployment
98
-
197
-
total
3 209
-
6 454
-
Corporate
75 941
95 500
-
-
income
7 595
9 550
-
-
total
7 595
9 550
-
-
Dividends
68 347
85 950
-
-
withholding
3 418
4 298
-
-
total
3 418
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 225
13 848
20 122
23 109
After tax
77 275
81 652
75 378
72 391
Living cost
12 348
12 348
12 348
12 348
Free-cash
64 927
69 304
63 030
60 043

Estimated living cost  is ₽12348 per week

₽7209
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽882
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽327
Clothing and shoes. We estimate one pair of shoes and 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 Varna model

Close
Amsterdam , Netherlands
-₽6014
-₽5734
₽1955
-₽7144
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 900
health
-
-
-
11 362
pensions
-
-
-
11 039
total
-
-
-
41 301
Employee
87 351
80 457
81 270
-
pensions
11 039
11 039
11 039
-
income

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

13 170
13 170
13 170
-
health
10 897
10 504
10 551
-
total
35 106
34 713
34 760
-
Employer
87 351
80 457
81 270
-
health
6 070
5 593
5 648
-
pensions
6 079
5 600
5 657
-
unemployment
3 145
2 896
2 925
-
total
15 294
14 089
14 230
-
Corporate
-
954
-
-
income
-
191
-
-
total
-
191
-
-
Dividends
-
763
-
-
income
-
163
-
-
withholding
-
114
-
-
total
-
277
-
-
Income
95 500
95 500
95 500
95 500
Total tax
50 400
49 270
48 990
41 301
After tax
45 100
46 230
46 510
54 199
Living cost
52 244
52 244
52 244
52 244
Free-cash
-7 144
-6 014
-5 734
1 955

Estimated living cost  is ₽52244 per week

₽38539
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4667
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42635
₽25347
₽23396
₽34386
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
33 996
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 210
-
4 632
-
income
4 080
-
8 552
-
health
4 590
-
9 621
-
total
10 880
-
22 805
-
Employer
33 996
-
71 269
-
health
3 060
-
6 414
-
social contributions
8 499
-
17 817
-
total
11 559
-
24 231
-
Corporate
49 945
95 500
-
-
income
9 490
18 145
-
-
total
9 490
18 145
-
-
Dividends
40 455
77 355
-
-
withholding
6 068
11 603
-
-
total
6 068
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 997
29 748
47 036
48 987
After tax
57 503
65 752
48 464
46 513
Living cost
23 118
23 118
23 118
23 118
Free-cash
34 386
42 635
25 347
23 396

Estimated living cost  is ₽23118 per week

₽16058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1645
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.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11197
₽4639
₽9181
₽6279
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 563
regional
-
-
-
1 056
municipal
-
-
-
567
national
-
-
-
20 377
total
-
-
-
46 563
Employee
83 734
-
95 500
-
municipal
443
-
506
-
national
14 509
-
17 473
-
regional
790
-
924
-
social contributions
28 235
-
32 202
-
total
43 977
-
51 105
-
Employer
83 734
-
95 500
-
total
-
-
-
-
Corporate
11 766
95 500
-
-
municipal
459
3 724
-
-
nationa
2 823
22 920
-
-
total
3 282
26 644
-
-
Dividends
8 484
68 856
-
-
withholding
2 206
17 903
-
-
total
2 206
17 903
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 465
44 547
51 105
46 563
After tax
46 035
50 953
44 395
48 937
Living cost
39 756
39 756
39 756
39 756
Free-cash
6 279
11 197
4 639
9 181

Estimated living cost  is ₽39756 per week

₽27713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽610
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8825
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39278
₽26359
₽28210
₽36347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
other
-
-
-
-
surtax
-
-
-
2 233
unemployment
-
-
-
215
health
-
-
-
6 780
pensions
-
-
-
19 101
total
-
-
-
46 500
Employee
31 157
-
78 894
-
other
-
-
-
-
unemployment
2 169
-
5 491
-
pensions
2 078
-
5 262
-
surtax
102
-
2 020
-
income
5 223
-
16 959
-
health
796
-
2 013
-
total
10 368
-
31 745
-
Employer
31 157
-
78 894
-
health
1 418
-
3 588
-
pensions
4 153
-
10 517
-
unemployment
987
-
2 501
-
other
-
-
-
-
total
6 558
-
16 606
-
Corporate
57 785
95 500
-
-
income
15 024
24 831
-
-
total
15 024
24 831
-
-
Dividends
42 761
70 669
-
-
withholding
6 413
10 601
-
-
total
6 413
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 363
35 432
48 351
46 500
After tax
57 137
60 068
47 149
49 000
Living cost
20 790
20 790
20 790
20 790
Free-cash
36 347
39 278
26 359
28 210

Estimated living cost  is ₽20790 per week

₽12712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1918
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27049
₽16706
₽25586
₽21061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 821
pensions
-
-
-
7 021
total
-
-
-
26 842
Employee
59 780
-
84 079
-
pensions
5 074
-
7 991
-
income
10 767
-
14 944
-
health
868
-
1 366
-
total
16 709
-
24 301
-
Employer
59 780
-
84 079
-
health
1 136
-
1 597
-
pensions
6 471
-
9 824
-
total
7 607
-
11 421
-
Corporate
28 113
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.

5 342
18 145
-
-
total
5 342
18 145
-
-
Dividends
22 771
77 355
-
-
withholding
1 709
7 234
-
-
total
1 709
7 234
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 367
25 379
35 722
26 842
After tax
64 133
70 121
59 778
68 658
Living cost
43 072
43 072
43 072
43 072
Free-cash
21 061
27 049
16 706
25 586

Estimated living cost  is ₽43072 per week

₽32269
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3228
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.
₽7123
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽30779
₽516
₽5328
₽75
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
other

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

-
-
-
1 910
regional
-
-
-
3 218
health
-
-
-
243
city
-
-
-
1 006
national
-
-
-
560
pensions
-
-
-
8 786
total
-
-
-
15 723
Employee
87 124
-
85 475
-
unemployment
-
-
-
-
pensions
7 320
-
7 180
-
national
412
-
399
-
regional
2 853
-
2 763
-
city
935
-
918
-
health
197
-
193
-
total
11 717
-
11 453
-
Employer
87 124
-
85 475
-
health
197
-
193
-
pensions
7 320
-
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.

1 742
-
1 709
-
total
9 259
-
9 082
-
Corporate
-
95 500
-
-
regional
-
20 198
-
-
national
-
8 117
-
-
total
-
28 315
-
-
Dividends
-
67 185
-
-
withholding
-
23 515
-
-
total
-
23 515
-
-
Income
95 500
95 500
95 500
95 500
Total tax
20 976
51 830
20 535
15 723
After tax
74 524
43 670
74 965
79 777
Living cost
74 449
74 449
74 449
74 449
Free-cash
75
-30 779
516
5 328

Estimated living cost  is ₽74449 per week

₽48413
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽914
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18441
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4141
₽24668
₽15802
₽19416
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 127
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.

-
-
-
1 107
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.

-
-
-
6 437
trade
-
-
-
8 866
total
-
-
-
36 537
Employee

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

56 622
-
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.

367
-
1 107
-
income

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

6 658
-
20 127
-
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.

6 437
-
6 437
-
total
13 462
-
27 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 878
95 500
-
-
income
5 832
14 325
-
-
surtax

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

320
788
-
-
chamber of commerce
198
277
-
-
trade
6 667
16 377
-
-
total
13 017
31 767
-
-
Dividends
25 860
63 732
-
-
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.

336
856
-
-
withholding
6 108
15 575
-
-
total
6 444
16 431
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 923
48 198
27 671
36 537
After tax
62 577
47 302
67 829
58 963
Living cost
43 161
43 161
43 161
43 161
Free-cash
19 416
4 141
24 668
15 802

Estimated living cost  is ₽43161 per week

₽31523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3453
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15898
₽27888
₽22723
₽21461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 277
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 719
health
-
-
-
1 838
pensions
-
-
-
23 744
total
-
-
-
40 542
Employee
40 323
-
77 494
-
pensions
4 559
-
3 705
-
surtax
-
-
-
-
social contributions
1 150
-
2 208
-
income
2 380
-
11 455
-
total
8 089
-
17 368
-
Employer
40 323
-
77 494
-
health
2 823
-
5 425
-
pensions
6 624
-
6 541
-
unemployment
1 632
-
3 138
-
social contributions
122
-
232
-
other
1 391
-
2 673
-
total
12 592
-
18 009
-
Corporate
42 584
95 500
-
-
income
11 924
26 740
-
-
surtax
-
-
-
-
total
11 924
26 740
-
-
Dividends
30 661
68 760
-
-
surtax
-
-
-
-
social contributions
5 274
11 825
-
-
withholding
3 925
8 802
-
-
total
9 199
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 804
47 367
35 377
40 542
After tax
53 696
48 133
60 123
54 958
Living cost
32 235
32 235
32 235
32 235
Free-cash
21 461
15 898
27 888
22 723

Estimated living cost  is ₽32235 per week

₽20325
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19092
₽31082
₽25917
₽24326
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 277
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 719
health
-
-
-
1 838
pensions
-
-
-
23 744
total
-
-
-
40 542
Employee
35 994
-
77 494
-
pensions
4 071
-
3 705
-
surtax
-
-
-
-
social contributions
1 026
-
2 208
-
income
1 856
-
11 455
-
total
6 953
-
17 368
-
Employer
35 994
-
77 494
-
health
2 519
-
5 425
-
pensions
5 914
-
6 541
-
unemployment
1 457
-
3 138
-
social contributions
107
-
232
-
other
1 243
-
2 673
-
total
11 240
-
18 009
-
Corporate
48 265
95 500
-
-
income
13 515
26 740
-
-
surtax
-
-
-
-
total
13 515
26 740
-
-
Dividends
34 750
68 760
-
-
surtax
-
-
-
-
social contributions
5 977
11 825
-
-
withholding
4 448
8 802
-
-
total
10 425
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 133
47 367
35 377
40 542
After tax
53 367
48 133
60 123
54 958
Living cost
29 041
29 041
29 041
29 041
Free-cash
24 326
19 092
31 082
25 917

Estimated living cost  is ₽29041 per week

₽16842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2950
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.
₽8698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38286
₽41453
₽41353
₽38776
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
14 325
social contributions
-
-
-
13 179
health
-
-
-
6 665
total
-
-
-
34 169
Employee
31 945
-
95 500
-
social contributions
4 409
-
13 179
-
income
5 328
-
14 225
-
health
2 230
-
6 665
-
total
11 967
-
34 069
-
Employer
31 945
-
95 500
-
total
-
-
-
-
Corporate
63 555
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%.

3 177
4 776
-
-
total
3 177
4 776
-
-
Dividends
60 378
90 724
-
-
social contributions
8 332
12 519
-
-
withholding
9 056
13 608
-
-
health
4 214
6 333
-
-
total
21 602
32 460
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 746
37 236
34 069
34 169
After tax
58 754
58 264
61 431
61 331
Living cost
19 978
19 978
19 978
19 978
Free-cash
38 776
38 286
41 453
41 353

Estimated living cost  is ₽19978 per week

₽13370
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1232
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.
₽4915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20316
-₽4390
₽15051
₽18858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 930
surtax
-
-
-
186
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
383
health
-
-
-
7 305
pensions
-
-
-
17 668
total
-
-
-
47 251
Employee
47 085
37 547
74 013
-
other
470
375
740
-
unemployment
1 412
1 126
2 221
-
pensions
4 822
3 844
7 579
-
income
5 360
2 770
14 191
-
health
1 822
1 454
2 864
-
total
13 886
9 569
27 595
-
Employer
47 085
37 547
74 013
-
chamber of commerce
188
150
297
-
health
1 779
1 420
2 798
-
pensions
5 909
4 713
9 288
-
accident
611
488
962
-
unemployment
1 412
1 126
2 221
-
surtax
186
186
186
-
payroll
1 412
1 126
2 221
-
other
2 237
1 783
3 515
-
total
13 734
10 992
21 488
-
Corporate
34 680
46 961
70 437
-
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.

8 670
11 740
17 609
-
total
8 670
11 740
17 609
-
Dividends
26 010
35 222
-
-
withholding
7 154
9 685
-
-
total
7 154
9 685
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 444
41 986
66 692
47 251
After tax
52 056
53 514
28 808
48 249
Living cost
33 198
33 198
33 198
33 198
Free-cash
18 858
20 316
-4 390
15 051

Estimated living cost  is ₽33198 per week

₽22142
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2832
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7679
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19201
₽2795
₽10344
₽5073
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
4 833
social contributions
-
-
-
14 967
national
-
-
-
31 003
total
-
-
-
50 803
Employee

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

67 394
-
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.

586
-
644
-
communal

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

3 515
-
3 858
-
pensions

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

5 054
-
5 548
-
national
20 719
-
23 291
-
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.

3 166
-
3 478
-
total
33 040
-
36 819
-
Employer

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

67 394
-
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.

4 144
-
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.

5 972
-
6 553
-
accident

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

876
-
962
-
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.

983
-
1 080
-
surtax
7 642
-
8 389
-
total
19 617
-
21 533
-
Corporate
8 489
95 500
-
-
income
1 699
19 101
-
-
surtax
34
383
-
-
total
1 733
19 484
-
-
Dividends
6 757
76 017
-
-
withholding

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

1 684
22 462
-
-
total
1 684
22 462
-
-
Income
95 500
95 500
95 500
95 500
Total tax
56 074
41 946
58 352
50 803
After tax
39 426
53 554
37 148
44 697
Living cost
34 353
34 353
34 353
34 353
Free-cash
5 073
19 201
2 795
10 344

Estimated living cost  is ₽34353 per week

₽22127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3004
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.
₽8684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30318
₽16383
₽17321
₽22812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 955
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
44 154
Employee
46 899
-
72 414
-
other
46
-
73
-
unemployment
728
-
1 123
-
pensions
2 205
-
3 404
-
income
9 895
-
17 406
-
total
12 874
-
22 006
-
Employer
46 899
-
72 414
-
pensions
11 067
-
17 089
-
accident
928
-
1 434
-
unemployment
2 580
-
3 984
-
other
374
-
579
-
total
14 949
-
23 086
-
Corporate
33 652
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.

5 047
14 325
-
-
total
5 047
14 325
-
-
Dividends
28 605
81 175
-
-
withholding
5 793
16 832
-
-
total
5 793
16 832
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 663
31 157
45 092
44 154
After tax
56 837
64 343
50 408
51 346
Living cost
34 026
34 026
34 026
34 026
Free-cash
22 812
30 318
16 383
17 321

Estimated living cost  is ₽34026 per week

₽25056
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2414
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6065
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7215
₽7551
₽3302
₽733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 036
accident
-
-
-
805
income
-
-
-
8 398
surtax
-
-
-
4 734
health
-
-
-
6 710
pensions
-
-
-
14 314
total
-
-
-
40 997
Employee
71 349
-
85 307
-
pensions
5 707
-
6 825
-
surtax
4 373
-
5 228
-
income
6 892
-
10 706
-
health
3 175
-
3 796
-
total
20 147
-
26 555
-
Employer
71 349
-
85 307
-
health
2 176
-
2 601
-
pensions
5 707
-
6 825
-
accident
642
-
767
-
total
8 525
-
10 193
-
Corporate
15 626
95 500
-
-
communal
-
6 446
-
-
income
2 344
14 325
-
-
surtax
164
1 003
-
-
total
2 508
21 774
-
-
Dividends
13 117
73 727
-
-
income
10 419
4 252
-
-
withholding
1 967
11 058
-
-
total
12 386
15 310
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 566
37 084
36 748
40 997
After tax
51 934
58 416
58 752
54 503
Living cost
51 201
51 201
51 201
51 201
Free-cash
733
7 215
7 551
3 302

Estimated living cost  is ₽51201 per week

₽38408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3102
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.
₽9147
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38906
₽25987
₽27838
₽35912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 171
other
-
-
-
-
surtax
-
-
-
2 233
unemployment
-
-
-
215
health
-
-
-
6 780
pensions
-
-
-
19 101
total
-
-
-
46 500
Employee
31 729
-
78 894
-
other
-
-
-
-
unemployment
2 208
-
5 491
-
pensions
2 117
-
5 262
-
surtax
113
-
2 020
-
income
5 319
-
16 959
-
health
810
-
2 013
-
total
10 567
-
31 745
-
Employer
31 729
-
78 894
-
health
1 443
-
3 588
-
pensions
4 230
-
10 517
-
unemployment
1 007
-
2 501
-
other
-
-
-
-
total
6 680
-
16 606
-
Corporate
57 092
95 500
-
-
income
14 843
24 831
-
-
total
14 843
24 831
-
-
Dividends
42 248
70 669
-
-
withholding
6 336
10 601
-
-
total
6 336
10 601
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 426
35 432
48 351
46 500
After tax
57 074
60 068
47 149
49 000
Living cost
21 162
21 162
21 162
21 162
Free-cash
35 912
38 906
25 987
27 838

Estimated living cost  is ₽21162 per week

₽12777
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1840
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24817
₽18655
₽23173
₽22724
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 563
regional
-
-
-
1 440
municipal
-
-
-
567
national
-
-
-
20 377
total
-
-
-
46 947
Employee
52 263
-
95 500
-
municipal
277
-
506
-
national
8 280
-
17 473
-
regional
704
-
1 284
-
social contributions
17 624
-
32 202
-
total
26 885
-
51 465
-
Employer
52 263
-
95 500
-
total
-
-
-
-
Corporate
43 237
95 500
-
-
municipal
2 149
4 747
-
-
nationa
10 377
22 920
-
-
total
12 526
27 667
-
-
Dividends
30 711
67 834
-
-
withholding
7 985
17 636
-
-
total
7 985
17 636
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 396
45 303
51 465
46 947
After tax
48 104
50 197
44 035
48 553
Living cost
25 380
25 380
25 380
25 380
Free-cash
22 724
24 817
18 655
23 173

Estimated living cost  is ₽25380 per week

₽15784
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37265
₽19977
₽18026
₽27103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
41 892
-
71 269
-
solidarity contribution
-
-
-
-
social contributions
2 723
-
4 632
-
income
5 027
-
8 552
-
health
5 655
-
9 621
-
total
13 405
-
22 805
-
Employer
41 892
-
71 269
-
health
3 770
-
6 414
-
social contributions
10 473
-
17 817
-
total
14 243
-
24 231
-
Corporate
39 364
95 500
-
-
income
7 479
18 145
-
-
total
7 479
18 145
-
-
Dividends
31 885
77 355
-
-
withholding
4 783
11 603
-
-
total
4 783
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
39 910
29 748
47 036
48 987
After tax
55 590
65 752
48 464
46 513
Living cost
28 487
28 487
28 487
28 487
Free-cash
27 103
37 265
19 977
18 026

Estimated living cost  is ₽28487 per week

₽21185
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1578
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Prague model

Close
Graz , Austria
₽23556
-₽1217
₽18377
₽23091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 930
surtax
-
-
-
-
unemployment
-
-
-
5 779
chamber of commerce
-
-
-
383
health
-
-
-
7 305
pensions
-
-
-
17 668
total
-
-
-
47 065
Employee
41 185
37 547
74 157
-
other
411
375
742
-
unemployment
1 235
1 126
2 224
-
pensions
4 218
3 844
7 593
-
income
3 669
2 770
14 243
-
health
1 593
1 454
2 870
-
total
11 126
9 569
27 672
-
Employer
41 185
37 547
74 157
-
chamber of commerce
164
150
297
-
health
1 557
1 420
2 803
-
pensions
5 169
4 713
9 306
-
accident
535
488
964
-
unemployment
1 235
1 126
2 224
-
surtax
-
-
-
-
payroll
1 235
1 126
2 224
-
other
1 956
1 783
3 524
-
total
11 851
10 806
21 342
-
Corporate
42 463
47 147
70 582
-
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.

10 615
11 786
17 645
-
total
10 615
11 786
17 645
-
Dividends
31 848
35 361
-
-
withholding
8 759
9 725
-
-
total
8 759
9 725
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 351
41 886
66 659
47 065
After tax
53 149
53 614
28 841
48 435
Living cost
30 058
30 058
30 058
30 058
Free-cash
23 091
23 556
-1 217
18 377

Estimated living cost  is ₽30058 per week

₽18031
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽78870
₽64545
₽82690
₽76647
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
microenterprise

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

-
-
-
955
total
-
-
-
955
Employee
14 819
-
95 500
-
income
2 964
-
19 100
-
total
2 964
-
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%.

80 681
95 500
-
-
total
-
-
-
-
Dividends
80 681
95 500
-
-
withholding
4 034
4 775
-
-
total
4 034
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 998
4 775
19 100
955
After tax
88 502
90 725
76 400
94 545
Living cost
11 855
11 855
11 855
11 855
Free-cash
76 647
78 870
64 545
82 690

Estimated living cost  is ₽11855 per week

₽8022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽498
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40479
₽21346
₽24082
₽32598
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 166
unemployment
-
-
-
143
health
-
-
-
9 397
pensions
-
-
-
17 441
total
-
-
-
46 147
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 663
-
82 634
-
unemployment
59
-
116
-
pensions
6 458
-
12 809
-
income
7 185
-
17 755
-
health
2 691
-
5 337
-
total
16 393
-
36 017
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 663
-
82 634
-
health
2 775
-
5 503
-
pensions
3 687
-
7 313
-
unemployment
25
-
50
-
total
6 487
-
12 866
-
Corporate
47 351
95 500
-
-
income
8 997
18 146
-
-
total
8 997
18 146
-
-
Dividends
38 354
77 354
-
-
withholding
5 754
11 604
-
-
total
5 754
11 604
-
-
Income
95 500
95 500
95 500
95 500
Total tax
37 631
29 750
48 883
46 147
After tax
57 869
65 750
46 617
49 353
Living cost
25 271
25 271
25 271
25 271
Free-cash
32 598
40 479
21 346
24 082

Estimated living cost  is ₽25271 per week

₽17343
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5820
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17658
₽42725
₽25554
-₽44256
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 990
-
-
-
social contributions
4 755
-
678
-
income
12 791
-
-
-
total
17 546
-
678
-
Employer
57 990
-
-
-
social contributions
81 766
-
11 653
-
total
81 766
-
11 653
-
Corporate
-
95 500
-
-
income
-
21 010
-
-
total
-
21 010
-
-
Dividends
-
74 490
-
-
income
-
16 388
-
-
total
-
16 388
-
-
Income
95 500
95 500
95 500
95 500
Total tax
99 312
37 398
12 331
29 502
After tax
-3 812
58 102
83 169
65 998
Living cost
40 444
40 444
40 444
40 444
Free-cash
-44 256
17 658
42 725
25 554

Estimated living cost  is ₽40444 per week

₽26241
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9883
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24768
₽18874
₽23792
₽23818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 969
surtax
-
-
-
-
social contributions

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

-
-
-
33 186
total
-
-
-
42 155
Employee
43 332
-
77 172
-
surtax
-
-
-
-
social contributions
4 767
-
8 489
-
income
9 013
-
20 256
-
total
13 780
-
28 745
-
Employer
43 332
-
77 172
-
social contributions
10 291
-
18 328
-
total
10 291
-
18 328
-
Corporate
41 876
95 500
-
-
income
8 795
20 055
-
-
surtax
-
-
-
-
total
8 795
20 055
-
-
Dividends
33 082
75 445
-
-
withholding
9 263
21 124
-
-
total
9 263
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 129
41 179
47 073
42 155
After tax
53 371
54 321
48 427
53 345
Living cost
29 553
29 553
29 553
29 553
Free-cash
23 818
24 768
18 874
23 792

Estimated living cost  is ₽29553 per week

₽22111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1743
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2628
₽14618
₽9453
₽9106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 277
other
-
-
-
2 964
surtax
-
-
-
-
social contributions
-
-
-
2 719
health
-
-
-
1 838
pensions
-
-
-
23 744
total
-
-
-
40 542
Employee
59 010
-
77 494
-
pensions
6 674
-
3 705
-
surtax
-
-
-
-
social contributions
1 681
-
2 208
-
income
5 149
-
11 455
-
total
13 504
-
17 368
-
Employer
59 010
-
77 494
-
health
4 130
-
5 425
-
pensions
9 696
-
6 541
-
unemployment
2 390
-
3 138
-
social contributions
177
-
232
-
other
2 036
-
2 673
-
total
18 429
-
18 009
-
Corporate
18 060
95 500
-
-
income
5 056
26 740
-
-
surtax
-
-
-
-
total
5 056
26 740
-
-
Dividends
13 004
68 760
-
-
surtax
-
-
-
-
social contributions
2 235
11 825
-
-
withholding
1 665
8 802
-
-
total
3 900
20 627
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 889
47 367
35 377
40 542
After tax
54 611
48 133
60 123
54 958
Living cost
45 505
45 505
45 505
45 505
Free-cash
9 106
2 628
14 618
9 453

Estimated living cost  is ₽45505 per week

₽30797
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽624
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10361
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57630
₽46978
₽44442
₽54463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 727
social contributions
-
-
-
21 010
total
-
-
-
22 737
Employee
30 290
-
82 684
-
income
-
-
2 010
-
social contributions
1 969
-
5 375
-
total
1 969
-
7 385
-
Employer
30 290
-
82 684
-
social contributions
4 695
-
12 816
-
total
4 695
-
12 816
-
Corporate
60 515
95 500
-
-
income
6 052
9 549
-
-
total
6 052
9 549
-
-
Dividends
54 463
85 951
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 716
9 549
20 201
22 737
After tax
82 784
85 951
75 299
72 763
Living cost
28 321
28 321
28 321
28 321
Free-cash
54 463
57 630
46 978
44 442

Estimated living cost  is ₽28321 per week

₽18312
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2135
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.
₽7341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽109759
-₽109759
₽13788
-₽109759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 575
municipal
-
-
-
17 801
national
-
-
-
10 148
pensions
-
-
-
817
total
-
-
-
36 341
Employee
191 499
191 499
191 499
-
municipal
40 779
40 779
40 779
-
labour market
15 298
15 298
15 298
-
pensions
272
272
272
-
national
23 395
23 395
23 395
-
total
79 744
79 744
79 744
-
Employer
191 499
191 499
191 499
-
national
23 436
23 436
23 436
-
labour market
15 320
15 320
15 320
-
pensions
544
544
544
-
municipal
40 844
40 844
40 844
-
total
80 144
80 144
80 144
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
159 888
159 888
159 888
36 341
After tax
-64 388
-64 388
-64 388
59 159
Living cost
45 371
45 371
45 371
45 371
Free-cash
-109 759
-109 759
-109 759
13 788

Estimated living cost  is ₽45371 per week

₽31052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽698
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12999
₽28575
₽44813
₽4554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
23 291
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
29 953
Employee
32 615
-
81 599
-
pensions
3 673
-
7 298
-
income
4 474
-
15 650
-
health
3 735
-
9 343
-
total
11 882
-
32 291
-
Employer
32 615
-
81 599
-
pensions
5 303
-
10 538
-
accident
545
-
1 363
-
unemployment
799
-
1 999
-
total
6 647
-
13 900
-
Corporate
56 238
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.

50 614
85 950
-
-
total
50 614
85 950
-
-
Dividends
5 624
9 550
-
-
withholding
1 069
1 815
-
-
total
1 069
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
70 212
87 765
46 191
29 953
After tax
25 288
7 735
49 309
65 547
Living cost
20 734
20 734
20 734
20 734
Free-cash
4 554
-12 999
28 575
44 813

Estimated living cost  is ₽20734 per week

₽15092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27227
₽18209
₽31498
₽25312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 078
municipal
-
-
-
16 996
national
-
-
-
9 756
total
-
-
-
27 830
Employee
49 569
-
80 340
-
municipal
8 119
-
13 116
-
unemployment
744
-
1 205
-
pensions
3 345
-
5 423
-
national
819
-
5 371
-
health
370
-
844
-
total
13 397
-
25 959
-
Employer
49 569
-
80 340
-
health
381
-
619
-
pensions
8 600
-
13 939
-
accident
50
-
80
-
unemployment
322
-
522
-
total
9 353
-
15 160
-
Corporate
36 578
95 500
-
-
income
7 316
19 101
-
-
total
7 316
19 101
-
-
Dividends

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

21 946
57 300
-
-
municipal
3 950
10 315
-
-
national
-
2 685
-
-
total
3 950
13 000
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 016
32 101
41 119
27 830
After tax
61 484
63 399
54 381
67 670
Living cost
36 172
36 172
36 172
36 172
Free-cash
25 312
27 227
18 209
31 498

Estimated living cost  is ₽36172 per week

₽23628
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3479
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8491
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48082
₽45663
₽45757
₽42958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 595
social contributions
-
-
-
14 899
health
-
-
-
2 435
total
-
-
-
27 929
Employee
72 448
72 448
86 700
-
social contributions
2 739
6 013
7 196
-
income
7 888
6 707
10 554
-
health
561
1 232
1 473
-
total
11 188
13 952
19 223
-
Employer
72 448
72 448
86 700
-
health
610
1 341
1 604
-
social contributions
2 739
6 013
7 196
-
total
3 349
7 354
8 800
-
Corporate
59 149
15 698
-
-
income
7 393
1 963
-
-
total
7 393
1 963
-
-
Dividends
51 755
13 735
-
-
withholding
8 798
2 335
-
-
total
8 798
2 335
-
-
Income
95 500
95 500
95 500
95 500
Total tax
30 728
25 604
28 023
27 929
After tax
64 772
69 896
67 477
67 571
Living cost
21 814
21 814
21 814
21 814
Free-cash
42 958
48 082
45 663
45 757

Estimated living cost  is ₽21814 per week

₽13073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2140
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64124
₽43940
₽61976
₽59331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 135
unemployment
-
-
-
27
health
-
-
-
3 410
pensions
-
-
-
5 993
total
-
-
-
18 565
Employee

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

21 626
-
86 584
-
unemployment
107
-
433
-
pensions
3 243
-
12 988
-
income
1 479
-
6 905
-
health
1 838
-
7 359
-
total
6 667
-
27 685
-
Employer

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

21 626
-
86 584
-
health
930
-
3 722
-
pensions
1 189
-
4 761
-
unemployment
107
-
433
-
total
2 226
-
8 916
-
Corporate
71 648
95 500
-
-
income
6 449
8 595
-
-
total
6 449
8 595
-
-
Dividends
65 199
86 905
-
-
withholding
5 868
7 822
-
-
total
5 868
7 822
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 210
16 417
36 601
18 565
After tax
74 290
79 083
58 899
76 935
Living cost
14 959
14 959
14 959
14 959
Free-cash
59 331
64 124
43 940
61 976

Estimated living cost  is ₽14959 per week

₽9544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38435
₽24500
₽25438
₽33493
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 955
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
44 154
Employee
34 837
-
72 414
-
other
34
-
73
-
unemployment
540
-
1 123
-
pensions
1 638
-
3 404
-
income
6 716
-
17 406
-
total
8 928
-
22 006
-
Employer
34 837
-
72 414
-
pensions
8 221
-
17 089
-
accident
690
-
1 434
-
unemployment
1 917
-
3 984
-
other
279
-
579
-
total
11 107
-
23 086
-
Corporate
49 556
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.

7 434
14 325
-
-
total
7 434
14 325
-
-
Dividends
42 122
81 175
-
-
withholding
8 630
16 832
-
-
total
8 630
16 832
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 099
31 157
45 092
44 154
After tax
59 401
64 343
50 408
51 346
Living cost
25 908
25 908
25 908
25 908
Free-cash
33 493
38 435
24 500
25 438

Estimated living cost  is ₽25908 per week

₽17488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5476
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57680
₽58903
₽59040
₽57367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 142
health
-
-
-
1 011
pensions
-
-
-
1 395
total
-
-
-
34 548
Employee
2 913
-
93 931
-
unemployment
29
-
70
-
pensions
262
-
628
-
income
563
-
32 069
-
health
146
-
349
-
total
1 000
-
33 116
-
Employer
2 913
-
93 931
-
health
277
-
663
-
pensions
320
-
767
-
unemployment
58
-
139
-
total
655
-
1 569
-
Corporate
91 932
95 500
-
-
income
20 225
21 010
-
-
total
20 225
21 010
-
-
Dividends
71 707
74 490
-
-
withholding
14 341
14 898
-
-
total
14 341
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 221
35 908
34 685
34 548
After tax
59 279
59 592
60 815
60 952
Living cost
1 912
1 912
1 912
1 912
Free-cash
57 367
57 680
58 903
59 040

Estimated living cost  is ₽1912 per week

₽1136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52700
₽34377
₽34376
₽48063
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 497
unemployment
-
-
-
1 045
health
-
-
-
7 174
pensions
-
-
-
18 109
total
-
-
-
44 825
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.

24 577
-
83 033
-
unemployment
184
-
522
-
pensions
3 441
-
9 751
-
income
3 388
-
18 497
-
health
1 266
-
3 587
-
total
8 279
-
32 357
-
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.

24 577
-
83 033
-
health
1 266
-
3 587
-
pensions
2 949
-
8 358
-
unemployment
184
-
522
-
total
4 399
-
12 467
-
Corporate
66 523
95 500
-
-
income
9 978
14 325
-
-
total
9 978
14 325
-
-
Dividends
56 545
81 175
-
-
withholding
8 482
12 176
-
-
total
8 482
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 138
26 501
44 824
44 825
After tax
64 362
68 999
50 676
50 675
Living cost
16 299
16 299
16 299
16 299
Free-cash
48 063
52 700
34 377
34 376

Estimated living cost  is ₽16299 per week

₽10974
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3592
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28921
₽23027
₽27945
₽28580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 969
surtax
-
-
-
-
social contributions

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

-
-
-
33 186
total
-
-
-
42 155
Employee
36 568
-
77 172
-
surtax
-
-
-
-
social contributions
4 023
-
8 489
-
income
7 145
-
20 256
-
total
11 168
-
28 745
-
Employer
36 568
-
77 172
-
social contributions
8 684
-
18 328
-
total
8 684
-
18 328
-
Corporate
50 248
95 500
-
-
income
10 552
20 055
-
-
surtax
-
-
-
-
total
10 552
20 055
-
-
Dividends
39 696
75 445
-
-
withholding
11 116
21 124
-
-
total
11 116
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 520
41 179
47 073
42 155
After tax
53 980
54 321
48 427
53 345
Living cost
25 400
25 400
25 400
25 400
Free-cash
28 580
28 921
23 027
27 945

Estimated living cost  is ₽25400 per week

₽17990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1765
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.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽31231
₽17296
₽18234
₽24047
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
787
income
-
-
-
17 955
other
-
-
-
88
unemployment
-
-
-
611
pensions
-
-
-
24 713
total
-
-
-
44 154
Employee
45 502
-
72 414
-
other
45
-
73
-
unemployment
704
-
1 123
-
pensions
2 138
-
3 404
-
income
9 504
-
17 406
-
total
12 391
-
22 006
-
Employer
45 502
-
72 414
-
pensions
10 738
-
17 089
-
accident
901
-
1 434
-
unemployment
2 503
-
3 984
-
other
365
-
579
-
total
14 507
-
23 086
-
Corporate
35 490
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.

5 323
14 325
-
-
total
5 323
14 325
-
-
Dividends
30 168
81 175
-
-
withholding
6 120
16 832
-
-
total
6 120
16 832
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 341
31 157
45 092
44 154
After tax
57 159
64 343
50 408
51 346
Living cost
33 112
33 112
33 112
33 112
Free-cash
24 047
31 231
17 296
18 234

Estimated living cost  is ₽33112 per week

₽23780
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65451
₽59177
₽56190
₽59711
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
132
health
-
-
-
3 783
pensions

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

-
-
-
4 869
total
-
-
-
23 109
Employee
21 452
-
89 046
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
pensions

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

1 883
-
2 888
-
income
2 146
-
8 905
-
health
987
-
1 513
-
total
5 252
-
13 668
-
Employer
21 452
-
89 046
-
health
1 480
-
2 270
-
pensions

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

2 364
-
3 625
-
accident

We are using the highest rate at 1.1%.

236
-
362
-
unemployment
129
-
197
-
total
4 209
-
6 454
-
Corporate
69 839
95 500
-
-
income
6 984
9 550
-
-
total
6 984
9 550
-
-
Dividends
62 855
85 950
-
-
withholding
3 143
4 298
-
-
total
3 143
4 298
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 588
13 848
20 122
23 109
After tax
75 912
81 652
75 378
72 391
Living cost
16 201
16 201
16 201
16 201
Free-cash
59 711
65 451
59 177
56 190

Estimated living cost  is ₽16201 per week

₽10715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12890
₽31455
₽24037
₽25217
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
20 127
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.

-
-
-
1 107
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.

-
-
-
6 437
trade
-
-
-
7 418
total
-
-
-
35 089
Employee

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

46 879
-
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.

213
-
1 107
-
income

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

3 855
-
20 127
-
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.

6 437
-
6 437
-
total
10 505
-
27 671
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 621
95 500
-
-
income
7 293
14 325
-
-
surtax

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

400
788
-
-
chamber of commerce
215
282
-
-
trade
6 977
13 705
-
-
total
14 885
29 100
-
-
Dividends
33 737
66 400
-
-
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.

443
894
-
-
withholding
8 076
16 242
-
-
total
8 519
17 136
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 909
46 236
27 671
35 089
After tax
61 591
49 264
67 829
60 411
Living cost
36 374
36 374
36 374
36 374
Free-cash
25 217
12 890
31 455
24 037

Estimated living cost  is ₽36374 per week

₽25092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13180
₽10682
₽10682
₽15260
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 626
social contributions
-
-
-
8 522
total
-
-
-
31 148
Employee
73 698
-
95 500
-
income
13 907
-
22 626
-
social contributions
6 123
-
8 522
-
total
20 030
-
31 148
-
Employer
73 698
-
95 500
-
total
-
-
-
-
Corporate
21 802
95 500
-
-
income
2 725
11 938
-
-
total
2 725
11 938
-
-
Dividends
19 077
83 562
-
-
withholding
3 815
16 712
-
-
total
3 815
16 712
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 570
28 650
31 148
31 148
After tax
68 930
66 850
64 352
64 352
Living cost
53 670
53 670
53 670
53 670
Free-cash
15 260
13 180
10 682
10 682

Estimated living cost  is ₽53670 per week

₽40831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4373
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.
₽7953
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22896
₽35957
₽28759
₽26492
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 500
income
-
-
-
26 819
health

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

-
-
-
5 721
total
-
-
-
32 540
Employee
43 221
-
91 166
-
income
4 690
-
16 674
-
social contributions
4 330
-
4 334
-
total
9 020
-
21 008
-
Employer
43 221
-
91 166
-
social contributions
4 330
-
4 334
-
total
4 330
-
4 334
-
Corporate
47 949
95 500
-
-
income
16 782
33 425
-
-
total
16 782
33 425
-
-
Dividends
31 167
62 075
-
-
social contributions
4 675
4 978
-
-
total
4 675
4 978
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 807
38 403
25 342
32 540
After tax
60 693
57 097
70 158
62 960
Living cost
34 201
34 201
34 201
34 201
Free-cash
26 492
22 896
35 957
28 759

Estimated living cost  is ₽34201 per week

₽22528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2696
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8452
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35105
₽24762
₽33642
₽31220
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 821
pensions
-
-
-
7 021
total
-
-
-
26 842
Employee
48 064
-
84 079
-
pensions
3 668
-
7 991
-
income
8 753
-
14 944
-
health
627
-
1 366
-
total
13 048
-
24 301
-
Employer
48 064
-
84 079
-
health
913
-
1 597
-
pensions
4 856
-
9 824
-
total
5 769
-
11 421
-
Corporate
41 666
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.

7 916
18 145
-
-
total
7 916
18 145
-
-
Dividends
33 750
77 355
-
-
withholding
2 531
7 234
-
-
total
2 531
7 234
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 264
25 379
35 722
26 842
After tax
66 236
70 121
59 778
68 658
Living cost
35 016
35 016
35 016
35 016
Free-cash
31 220
35 105
24 762
33 642

Estimated living cost  is ₽35016 per week

₽24021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3220
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.
₽7335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15051
₽26523
₽42761
₽4241
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
242
income
-
-
-
23 291
other
-
-
-
354
health
-
-
-
2 086
pensions
-
-
-
3 980
total
-
-
-
29 953
Employee
35 844
-
81 599
-
pensions
4 036
-
7 298
-
income
4 917
-
15 650
-
health
4 104
-
9 343
-
total
13 057
-
32 291
-
Employer
35 844
-
81 599
-
pensions
5 828
-
10 538
-
accident
599
-
1 363
-
unemployment
878
-
1 999
-
total
7 305
-
13 900
-
Corporate
52 352
95 500
-
-
income

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

47 116
85 950
-
-
total
47 116
85 950
-
-
Dividends
5 235
9 550
-
-
withholding
995
1 815
-
-
total
995
1 815
-
-
Income
95 500
95 500
95 500
95 500
Total tax
68 473
87 765
46 191
29 953
After tax
27 027
7 735
49 309
65 547
Living cost
22 786
22 786
22 786
22 786
Free-cash
4 241
-15 051
26 523
42 761

Estimated living cost  is ₽22786 per week

₽16723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1328
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.
₽4277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67633
₽47367
₽41828
₽63862
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 679
unemployment
-
-
-
1 146
work injury
-
-
-
478
health insurance
-
-
-
7 067
pensions
-
-
-
17 572
total
-
-
-
40 942
Employee

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

20 368
-
95 500
-
health insurance
1 507
-
5 577
-
unemployment
244
-
904
-
work injury
102
-
377
-
pensions
3 748
-
13 866
-
income
2 037
-
14 679
-
total
7 638
-
35 403
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 132
95 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
955
-
-
total
-
955
-
-
Dividends
75 132
94 545
-
-
withholding
11 270
14 182
-
-
total
11 270
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 908
15 137
35 403
40 942
After tax
76 592
80 363
60 097
54 558
Living cost
12 730
12 730
12 730
12 730
Free-cash
63 862
67 633
47 367
41 828

Estimated living cost  is ₽12730 per week

₽7886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12768
₽6102
₽10469
₽8483
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
social contributions
-
-
-
24 563
regional
-
-
-
1 919
municipal
-
-
-
638
national
-
-
-
20 377
total
-
-
-
47 497
Employee
79 393
-
95 500
-
municipal
474
-
570
-
national
13 417
-
17 473
-
regional
1 199
-
1 619
-
social contributions
26 771
-
32 202
-
total
41 861
-
51 864
-
Employer
79 393
-
95 500
-
total
-
-
-
-
Corporate
16 107
95 500
-
-
municipal
776
4 604
-
-
nationa
3 866
22 920
-
-
total
4 642
27 524
-
-
Dividends
11 466
67 977
-
-
withholding
2 980
17 674
-
-
total
2 980
17 674
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 483
45 198
51 864
47 497
After tax
46 017
50 302
43 636
48 003
Living cost
37 534
37 534
37 534
37 534
Free-cash
8 483
12 768
6 102
10 469

Estimated living cost  is ₽37534 per week

₽26365
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
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.
₽8019
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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