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
₽17736
₽28897
₽30407
₽38058
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
trade
-
-
-
7 651
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.

-
-
-
18 939
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.

-
-
-
6 894
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.

-
-
-
1 042
total
-
-
-
34 526
Employee

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

38 599
-
95 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
1 042
-
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.

1 078
-
18 939
-
total
8 031
-
26 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
56 901
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.

469
787
-
-
income
8 536
14 325
-
-
trade
8 963
15 041
-
-
chamber of commerce
236
291
-
-
total
18 204
30 444
-
-
Dividends
38 698
65 055
-
-
surtax

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

511
873
-
-
withholding
9 290
15 880
-
-
total
9 801
16 753
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 036
47 197
26 875
34 526
After tax
59 464
48 303
68 625
60 974
Living cost
30 567
30 567
30 567
30 567
Free-cash
28 897
17 736
38 058
30 407

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
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.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8598
₽7750
₽6821
₽7570
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
9 883
pensions
-
-
-
11 460
national
-
-
-
15 315
social contributions
-
-
-
1 027
total
-
-
-
37 685
Employee
79 050
-
82 559
-
municipal
9 764
-
10 253
-
pensions
3 162
-
3 302
-
national
15 130
-
15 888
-
total
28 056
-
29 443
-
Employer
79 050
-
82 559
-
social contributions
850
-
888
-
pensions
6 324
-
6 605
-
total
7 174
-
7 493
-
Corporate
4 059
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%.

812
19 100
-
-
total
812
19 100
-
-
Dividends
3 247
76 400
-
-
withholding
714
16 808
-
-
total
714
16 808
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 756
35 908
36 936
37 685
After tax
58 744
59 592
58 564
57 815
Living cost
50 994
50 994
50 994
50 994
Free-cash
7 750
8 598
7 570
6 821

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55406
₽47127
₽30048
₽32896
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
13 754
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.

-
-
-
30 703
total
-
-
-
44 457
Employee
29 489
-
76 960
-
social contributions

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

3 244
-
8 465
-
surtax
-
-
-
-
income
5 249
-
14 604
-
total
8 493
-
23 069
-
Employer
29 489
-
76 960
-
social contributions

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

7 103
-
18 540
-
surtax
-
-
-
-
total
7 103
-
18 540
-
Corporate
58 908
95 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

11 782
19 099
-
-
total
11 782
19 099
-
-
Dividends

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

47 126
76 401
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
27 378
19 099
41 609
44 457
After tax
68 122
76 401
53 891
51 043
Living cost
20 995
20 995
20 995
20 995
Free-cash
47 127
55 406
32 896
30 048

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
₽953
-₽4712
₽11961
-₽4712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 657
pensions
-
-
-
11 824
health
-
-
-
11 782
total
-
-
-
41 263
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
57 936
52 271
57 936
41 263
After tax
37 564
43 229
37 564
54 237
Living cost
42 276
42 276
42 276
42 276
Free-cash
-4 712
953
-4 712
11 961

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13151
₽12276
₽10655
₽12008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
21 096
accident
-
-
-
171
pensions
-
-
-
9 238
other
-
-
-
9 930
unemployment
-
-
-
86
health
-
-
-
5 332
national
-
-
-
-
total
-
-
-
45 853
Employee
55 560
-
72 668
-
municipal
16 568
-
21 669
-
national
-
-
-
-
total
16 568
-
21 669
-
Employer
55 560
-
72 668
-
accident
111
-
145
-
other
6 456
-
8 444
-
unemployment
1 467
-
1 918
-
pensions
6 006
-
7 855
-
health
3 417
-
4 469
-
total
17 457
-
22 831
-
Corporate
22 483
95 500
-
-
income
4 946
21 010
-
-
total
4 946
21 010
-
-
Dividends
17 537
74 490
-
-
withholding
5 261
22 347
-
-
total
5 261
22 347
-
-
Income
95 500
95 500
95 500
95 500
Total tax
44 232
43 357
44 500
45 853
After tax
51 268
52 143
51 000
49 647
Living cost
38 992
38 992
38 992
38 992
Free-cash
12 276
13 151
12 008
10 655

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8166
₽22345
₽20988
₽28980
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
trade
-
-
-
7 992
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.

-
-
-
18 939
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.

-
-
-
6 894
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.

-
-
-
1 042
total
-
-
-
34 867
Employee

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

51 178
-
95 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
1 042
-
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.

4 397
-
18 939
-
total
11 532
-
26 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
44 322
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.

366
787
-
-
income
6 649
14 325
-
-
trade
7 291
15 710
-
-
chamber of commerce
216
289
-
-
total
14 522
31 111
-
-
Dividends
29 800
64 389
-
-
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.

389
864
-
-
withholding
7 067
15 714
-
-
total
7 456
16 578
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 510
47 689
26 875
34 867
After tax
61 990
47 811
68 625
60 633
Living cost
39 645
39 645
39 645
39 645
Free-cash
22 345
8 166
28 980
20 988

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37203
₽33019
₽35752
₽35658
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 681
health
-
-
-
2 436
social contributions
-
-
-
14 898
total
-
-
-
27 015
Employee
77 601
77 601
86 698
-
social contributions
3 771
6 441
7 195
-
health
772
1 320
1 475
-
income
8 149
7 184
9 639
-
total
12 692
14 945
18 309
-
Employer
77 601
77 601
86 698
-
social contributions
3 771
6 441
7 195
-
health
841
1 436
1 605
-
total
4 612
7 877
8 800
-
Corporate
45 464
10 022
-
-
income
5 682
1 252
-
-
total
5 682
1 252
-
-
Dividends
39 782
8 769
-
-
withholding
6 762
1 490
-
-
total
6 762
1 490
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 748
25 564
27 109
27 015
After tax
65 752
69 936
68 391
68 485
Living cost
32 733
32 733
32 733
32 733
Free-cash
33 019
37 203
35 658
35 752

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35485
₽35866
₽47821
₽37025
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
79 916
-
health
1 853
737
5 594
-
income
3 236
1 288
9 770
-
pensions
2 647
1 053
7 992
-
unemployment
397
158
1 199
-
total
8 133
3 236
24 555
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 469
10 534
79 916
-
pensions
5 161
2 054
15 584
-
total
5 161
2 054
15 584
-
Corporate
63 870
82 912
-
-
income
5 748
7 462
-
-
total
5 748
7 462
-
-
Dividends
58 122
75 450
-
-
social contributions
11 213
14 592
-
-
withholding
11 043
14 335
-
-
total
22 256
28 927
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 298
41 679
40 139
29 343
After tax
54 202
53 821
55 361
66 157
Living cost
18 336
18 336
18 336
18 336
Free-cash
35 866
35 485
37 025
47 821

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52026
₽45755
₽26811
₽30670
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 797
pensions
-
-
-
19 101
health
-
-
-
12 416
total
-
-
-
44 314
Employee
28 629
-
71 375
-
income
3 223
-
13 762
-
pensions
573
-
1 427
-
unemployment
458
-
1 141
-
total
4 254
-
16 330
-
Employer
28 629
-
71 375
-
unemployment
230
-
571
-
pensions
5 726
-
14 275
-
health
3 721
-
9 279
-
total
9 677
-
24 125
-
Corporate
57 194
95 500
-
-
income
11 439
19 099
-
-
total
11 439
19 099
-
-
Dividends
45 755
76 401
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
25 370
19 099
40 455
44 314
After tax
70 130
76 401
55 045
51 186
Living cost
24 375
24 375
24 375
24 375
Free-cash
45 755
52 026
30 670
26 811

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14336
₽4350
₽43505
₽26949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
22 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
29 923
Employee
34 721
-
81 105
-
health
3 975
-
9 286
-
income
4 763
-
15 144
-
pensions
3 910
-
7 654
-
total
12 648
-
32 084
-
Employer
34 721
-
81 105
-
accident
580
-
1 355
-
unemployment
851
-
1 987
-
pensions
5 646
-
11 053
-
total
7 077
-
14 395
-
Corporate
53 703
95 500
-
-
income

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

48 333
85 950
-
-
total
48 333
85 950
-
-
Dividends
5 370
9 550
-
-
withholding
1 020
1 814
-
-
total
1 020
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 078
87 764
46 479
29 923
After tax
26 422
7 736
49 021
65 577
Living cost
22 072
22 072
22 072
22 072
Free-cash
4 350
-14 336
26 949
43 505

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81645
₽79943
₽85465
₽67320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 349
-
95 500
-
income
2 270
-
19 100
-
total
2 270
-
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%.

84 151
95 500
-
-
total
-
-
-
-
Dividends
84 151
95 500
-
-
withholding
4 207
4 775
-
-
total
4 207
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
6 477
4 775
19 100
955
After tax
89 023
90 725
76 400
94 545
Living cost
9 080
9 080
9 080
9 080
Free-cash
79 943
81 645
67 320
85 465

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43272
₽36459
₽24820
₽29085
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
12 130
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
other
-
-
-
4 537
health
-
-
-
4 202
total
-
-
-
43 789
Employee
36 642
-
76 276
-
health
513
-
1 069
-
income
6 308
-
13 130
-
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.

2 564
-
5 339
-
unemployment
366
-
762
-
total
9 751
-
20 300
-
Employer
36 642
-
76 276
-
accident
293
-
611
-
other
1 833
-
3 815
-
unemployment
366
-
762
-
pensions

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

6 230
-
12 967
-
health
513
-
1 069
-
total
9 235
-
19 224
-
Corporate
49 623
95 500
-
-
income
10 420
20 055
-
-
total
10 420
20 055
-
-
Dividends
39 203
75 445
-
-
withholding
2 744
5 282
-
-
total
2 744
5 282
-
-
Income
95 500
95 500
95 500
95 500
Total tax
32 150
25 337
39 524
43 789
After tax
63 350
70 163
55 976
51 711
Living cost
26 891
26 891
26 891
26 891
Free-cash
36 459
43 272
29 085
24 820

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3725
-₽13456
₽2157
-₽7721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 712
pensions
-
-
-
6 905
total
-
-
-
25 617
Employee
95 822
-
84 193
-
health
1 579
-
1 340
-
income
17 273
-
15 000
-
pensions
9 244
-
7 848
-
total
28 096
-
24 188
-
Employer
95 822
-
84 193
-
pensions
11 314
-
9 708
-
health
1 820
-
1 599
-
total
13 134
-
11 307
-
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
-
5 904
-
-
total
-
5 904
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 230
24 049
35 495
25 617
After tax
54 270
71 451
60 005
69 883
Living cost
67 726
67 726
67 726
67 726
Free-cash
-13 456
3 725
-7 721
2 157

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
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.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽68414
₽63723
₽58519
₽61375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 742
Employee
17 531
-
88 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
8 858
-
pensions

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

1 539
-
3 097
-
total
4 291
-
13 965
-
Employer
17 531
-
88 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
74 529
95 500
-
-
income
7 453
9 550
-
-
total
7 453
9 550
-
-
Dividends
67 076
85 950
-
-
withholding
3 354
4 297
-
-
total
3 354
4 297
-
-
Income
95 500
95 500
95 500
95 500
Total tax
18 538
13 847
20 886
23 742
After tax
76 962
81 653
74 614
71 758
Living cost
13 239
13 239
13 239
13 239
Free-cash
63 723
68 414
61 375
58 519

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12732
-₽14446
-₽1724
-₽18397
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 657
pensions
-
-
-
11 824
health
-
-
-
11 782
total
-
-
-
41 263
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
53 985
52 271
57 936
41 263
After tax
41 515
43 229
37 564
54 237
Living cost
55 961
55 961
55 961
55 961
Free-cash
-14 446
-12 732
-18 397
-1 724

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41581
₽32959
₽22343
₽24293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 892
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 886
total
-
-
-
48 986
Employee
35 546
-
71 269
-
social contributions
2 310
-
4 632
-
health
4 799
-
9 621
-
solidarity contribution
-
-
-
-
income
4 265
-
8 552
-
total
11 374
-
22 805
-
Employer
35 546
-
71 269
-
social contributions
8 886
-
17 817
-
health
3 199
-
6 414
-
total
12 085
-
24 231
-
Corporate
47 869
95 500
-
-
income
9 095
18 145
-
-
total
9 095
18 145
-
-
Dividends
38 774
77 355
-
-
withholding
5 816
11 603
-
-
total
5 816
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 370
29 748
47 036
48 986
After tax
57 130
65 752
48 464
46 514
Living cost
24 171
24 171
24 171
24 171
Free-cash
32 959
41 581
24 293
22 343

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8369
₽3101
₽6834
₽2288
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
567
regional
-
-
-
1 044
national
-
-
-
19 908
social contributions
-
-
-
24 563
total
-
-
-
46 082
Employee
89 690
-
95 500
-
social contributions
30 243
-
32 203
-
regional
846
-
913
-
municipal
475
-
506
-
national
15 541
-
17 006
-
total
47 105
-
50 628
-
Employer
89 690
-
95 500
-
total
-
-
-
-
Corporate
5 810
95 500
-
-
nationa
1 394
22 920
-
-
municipal
226
3 725
-
-
total
1 620
26 645
-
-
Dividends
4 190
68 855
-
-
withholding
1 090
17 902
-
-
total
1 090
17 902
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 815
44 547
50 628
46 082
After tax
45 685
50 953
44 872
49 418
Living cost
42 584
42 584
42 584
42 584
Free-cash
3 101
8 369
2 288
6 834

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37802
₽34659
₽27421
₽25576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 631
pensions
-
-
-
19 099
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 780
surtax
-
-
-
2 070
total
-
-
-
45 810
Employee
33 373
-
78 894
-
other
-
-
-
-
health
852
-
2 013
-
surtax
109
-
1 858
-
income
5 594
-
16 424
-
pensions
2 225
-
5 263
-
unemployment
2 323
-
5 491
-
total
11 103
-
31 049
-
Employer
33 373
-
78 894
-
other
-
-
-
-
unemployment
1 057
-
2 501
-
pensions
4 449
-
10 516
-
health
1 519
-
3 589
-
total
7 025
-
16 606
-
Corporate
55 102
95 500
-
-
income
14 327
24 829
-
-
total
14 327
24 829
-
-
Dividends
40 775
70 671
-
-
withholding
6 117
10 600
-
-
total
6 117
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 572
35 429
47 655
45 810
After tax
56 928
60 071
47 845
49 690
Living cost
22 269
22 269
22 269
22 269
Free-cash
34 659
37 802
25 576
27 421

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
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.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25182
₽17314
₽23614
₽13736
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 712
pensions
-
-
-
6 905
total
-
-
-
25 617
Employee
64 218
-
84 193
-
health
932
-
1 340
-
income
11 566
-
15 000
-
pensions
5 451
-
7 848
-
total
17 949
-
24 188
-
Employer
64 218
-
84 193
-
pensions
6 952
-
9 708
-
health
1 220
-
1 599
-
total
8 172
-
11 307
-
Corporate
23 111
95 500
-
-
income

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

4 391
18 145
-
-
total
4 391
18 145
-
-
Dividends
18 720
77 355
-
-
withholding
1 405
5 904
-
-
total
1 405
5 904
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 917
24 049
35 495
25 617
After tax
63 583
71 451
60 005
69 883
Living cost
46 269
46 269
46 269
46 269
Free-cash
17 314
25 182
13 736
23 614

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32605
-₽2264
₽3595
-₽1257
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 007
pensions
-
-
-
8 784
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
-
-
-
3 162
health
-
-
-
249
national
-
-
-
519
total
-
-
-
15 631
Employee
89 260
-
85 478
-
city
958
-
919
-
regional
2 923
-
2 717
-
health
202
-
192
-
pensions
7 499
-
7 180
-
unemployment
-
-
-
-
national
422
-
393
-
total
12 004
-
11 401
-
Employer
89 260
-
85 478
-
other

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

1 785
-
1 710
-
unemployment
-
-
-
-
pensions
7 499
-
7 180
-
health
202
-
192
-
total
9 486
-
9 082
-
Corporate
-
95 500
-
-
regional
-
20 199
-
-
national
-
8 118
-
-
total
-
28 317
-
-
Dividends
-
67 183
-
-
withholding
-
23 514
-
-
total
-
23 514
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 490
51 831
20 483
15 631
After tax
74 010
43 669
75 017
79 869
Living cost
76 274
76 274
76 274
76 274
Free-cash
-2 264
-32 605
-1 257
3 595

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1091
₽17454
₽14063
₽22394
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
trade
-
-
-
8 331
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.

-
-
-
18 939
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.

-
-
-
6 894
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.

-
-
-
1 042
total
-
-
-
35 206
Employee

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

60 650
-
95 500
-
health

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

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

6 894
-
6 894
-
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
-
1 042
-
income

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

7 132
-
18 939
-
total
14 419
-
26 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
34 850
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.

287
787
-
-
income
5 228
14 325
-
-
trade
5 977
16 378
-
-
chamber of commerce
203
287
-
-
total
11 695
31 777
-
-
Dividends
23 154
63 723
-
-
surtax

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

297
854
-
-
withholding
5 404
15 547
-
-
total
5 701
16 401
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 815
48 178
26 875
35 206
After tax
63 685
47 322
68 625
60 294
Living cost
46 231
46 231
46 231
46 231
Free-cash
17 454
1 091
22 394
14 063

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13602
₽19566
₽20622
₽19947
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 328
pensions
-
-
-
24 868
other
-
-
-
2 963
health
-
-
-
1 471
surtax
-
-
-
-
social contributions
-
-
-
2 721
total
-
-
-
40 351
Employee
43 191
-
72 771
-
social contributions
1 231
-
2 074
-
surtax
-
-
-
-
income
2 549
-
7 993
-
pensions
4 884
-
8 231
-
total
8 664
-
18 298
-
Employer
43 191
-
72 771
-
other
1 490
-
2 511
-
social contributions
130
-
218
-
unemployment
1 748
-
2 947
-
pensions
7 095
-
11 958
-
health
3 024
-
5 094
-
total
13 487
-
22 728
-
Corporate
38 820
95 500
-
-
surtax
-
-
-
-
income
10 870
26 741
-
-
total
10 870
26 741
-
-
Dividends
27 950
68 759
-
-
surtax
-
-
-
-
social contributions
4 809
11 828
-
-
withholding
3 577
8 802
-
-
total
8 386
20 630
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 407
47 371
41 026
40 351
After tax
54 093
48 129
54 474
55 149
Living cost
34 527
34 527
34 527
34 527
Free-cash
19 566
13 602
19 947
20 622

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17022
₽22633
₽24042
₽23367
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 328
pensions
-
-
-
24 868
other
-
-
-
2 963
health
-
-
-
1 471
surtax
-
-
-
-
social contributions
-
-
-
2 721
total
-
-
-
40 351
Employee
38 554
-
72 771
-
social contributions
1 099
-
2 074
-
surtax
-
-
-
-
income
1 988
-
7 993
-
pensions
4 361
-
8 231
-
total
7 448
-
18 298
-
Employer
38 554
-
72 771
-
other
1 331
-
2 511
-
social contributions
115
-
218
-
unemployment
1 561
-
2 947
-
pensions
6 335
-
11 958
-
health
2 698
-
5 094
-
total
12 040
-
22 728
-
Corporate
44 905
95 500
-
-
surtax
-
-
-
-
income
12 573
26 741
-
-
total
12 573
26 741
-
-
Dividends
32 332
68 759
-
-
surtax
-
-
-
-
social contributions
5 560
11 828
-
-
withholding
4 139
8 802
-
-
total
9 699
20 630
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 760
47 371
41 026
40 351
After tax
53 740
48 129
54 474
55 149
Living cost
31 107
31 107
31 107
31 107
Free-cash
22 633
17 022
23 367
24 042

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36864
₽37388
₽39929
₽40377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 667
social contributions
-
-
-
13 180
total
-
-
-
34 172
Employee
34 217
-
95 500
-
social contributions
4 723
-
13 180
-
health
2 388
-
6 667
-
income
5 707
-
13 877
-
total
12 818
-
33 724
-
Employer
34 217
-
95 500
-
total
-
-
-
-
Corporate
61 283
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%.

3 064
4 774
-
-
total
3 064
4 774
-
-
Dividends
58 219
90 726
-
-
health
4 064
6 333
-
-
social contributions
8 034
12 521
-
-
withholding
8 733
13 609
-
-
total
20 831
32 463
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 713
37 237
33 724
34 172
After tax
58 787
58 263
61 776
61 328
Living cost
21 399
21 399
21 399
21 399
Free-cash
37 388
36 864
40 377
39 929

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
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.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18063
₽16503
₽13240
-₽5888
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
chamber of commerce
-
-
-
381
income
-
-
-
14 957
pensions
-
-
-
17 667
unemployment
-
-
-
6 190
health
-
-
-
7 306
surtax
-
-
-
199
total
-
-
-
46 700
Employee
50 434
40 217
74 003
-
other
504
402
739
-
health
1 952
1 557
2 863
-
income
5 742
2 967
13 389
-
pensions
5 165
4 117
7 578
-
unemployment
1 513
1 207
2 220
-
total
14 876
10 250
26 789
-
Employer
50 434
40 217
74 003
-
accident
655
523
961
-
other
2 396
1 909
3 514
-
chamber of commerce
201
161
297
-
unemployment
1 513
1 207
2 220
-
surtax
199
199
199
-
pensions
6 329
5 048
9 288
-
payroll
1 513
1 207
2 220
-
health
1 906
1 521
2 798
-
total
14 712
11 775
21 497
-
Corporate
30 354
43 509
70 173
-
income

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

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

7 588
10 878
17 542
-
total
7 588
10 878
17 542
-
Dividends
22 766
32 631
-
-
withholding
6 261
8 974
-
-
total
6 261
8 974
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 437
41 877
65 828
46 700
After tax
52 063
53 623
29 672
48 800
Living cost
35 560
35 560
35 560
35 560
Free-cash
16 503
18 063
-5 888
13 240

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16787
₽1649
₽8721
₽759
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
national
-
-
-
30 525
communal

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

-
-
-
4 853
social contributions
-
-
-
14 605
total
-
-
-
49 983
Employee

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

72 187
-
73 966
-
communal

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

3 765
-
3 857
-
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.

3 392
-
3 476
-
pensions

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

5 414
-
5 548
-
unemployment

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

628
-
643
-
national
22 193
-
22 888
-
total
35 392
-
36 412
-
Employer

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

72 187
-
73 966
-
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.

938
-
961
-
unemployment

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

1 053
-
1 080
-
surtax
8 185
-
8 388
-
pensions

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

6 396
-
6 554
-
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.

4 439
-
4 550
-
total
21 011
-
21 533
-
Corporate
2 300
95 500
-
-
surtax
10
381
-
-
income
460
19 099
-
-
total
470
19 480
-
-
Dividends
1 831
76 019
-
-
withholding

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

182
22 437
-
-
total
182
22 437
-
-
Income
95 500
95 500
95 500
95 500
Total tax
57 055
41 917
57 945
49 983
After tax
38 445
53 583
37 555
45 517
Living cost
36 796
36 796
36 796
36 796
Free-cash
1 649
16 787
759
8 721

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
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.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27912
₽19871
₽14271
₽14510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
16 720
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 783
Employee
50 235
-
72 411
-
other
50
-
73
-
income
10 599
-
16 860
-
pensions
2 361
-
3 403
-
unemployment
779
-
1 122
-
total
13 789
-
21 458
-
Employer
50 235
-
72 411
-
accident
994
-
1 434
-
other
400
-
580
-
unemployment
2 764
-
3 983
-
pensions
11 855
-
17 089
-
total
16 013
-
23 086
-
Corporate
29 253
95 500
-
-
income

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

4 388
14 325
-
-
total
4 388
14 325
-
-
Dividends
24 866
81 175
-
-
withholding
4 993
16 817
-
-
total
4 993
16 817
-
-
Income
95 500
95 500
95 500
95 500
Total tax
39 183
31 142
44 544
44 783
After tax
56 317
64 358
50 956
50 717
Living cost
36 446
36 446
36 446
36 446
Free-cash
19 871
27 912
14 510
14 271

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3769
-₽2837
₽473
₽4914
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
804
income
-
-
-
7 585
pensions
-
-
-
14 314
health
-
-
-
6 711
surtax
-
-
-
4 734
communal
-
-
-
6 036
total
-
-
-
40 184
Employee
76 425
-
85 306
-
health
3 401
-
3 796
-
surtax
4 684
-
5 228
-
income
7 382
-
9 702
-
pensions
6 113
-
6 824
-
total
21 580
-
25 550
-
Employer
76 425
-
85 306
-
accident
688
-
768
-
pensions
6 113
-
6 824
-
health
2 331
-
2 601
-
total
9 132
-
10 193
-
Corporate
9 944
95 500
-
-
surtax
105
1 004
-
-
communal
-
6 446
-
-
income
1 492
14 325
-
-
total
1 597
21 775
-
-
Dividends
8 347
73 725
-
-
income
9 933
4 055
-
-
withholding
1 252
11 058
-
-
total
11 185
15 113
-
-
Income
95 500
95 500
95 500
95 500
Total tax
43 494
36 888
35 743
40 184
After tax
52 006
58 612
59 757
55 316
Living cost
54 843
54 843
54 843
54 843
Free-cash
-2 837
3 769
4 914
473

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37404
₽34192
₽27023
₽25178
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
17 631
pensions
-
-
-
19 099
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
6 780
surtax
-
-
-
2 070
total
-
-
-
45 810
Employee
33 986
-
78 894
-
other
-
-
-
-
health
868
-
2 013
-
surtax
121
-
1 858
-
income
5 697
-
16 424
-
pensions
2 267
-
5 263
-
unemployment
2 365
-
5 491
-
total
11 318
-
31 049
-
Employer
33 986
-
78 894
-
other
-
-
-
-
unemployment
1 078
-
2 501
-
pensions
4 531
-
10 516
-
health
1 545
-
3 589
-
total
7 154
-
16 606
-
Corporate
54 359
95 500
-
-
income
14 134
24 829
-
-
total
14 134
24 829
-
-
Dividends
40 226
70 671
-
-
withholding
6 035
10 600
-
-
total
6 035
10 600
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 641
35 429
47 655
45 810
After tax
56 859
60 071
47 845
49 690
Living cost
22 667
22 667
22 667
22 667
Free-cash
34 192
37 404
25 178
27 023

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
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.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23013
₽20769
₽21836
₽17314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
567
regional
-
-
-
1 441
national
-
-
-
19 908
social contributions
-
-
-
24 563
total
-
-
-
46 479
Employee
55 981
-
95 500
-
social contributions
18 877
-
32 203
-
regional
754
-
1 286
-
municipal
297
-
506
-
national
8 869
-
17 006
-
total
28 797
-
51 001
-
Employer
55 981
-
95 500
-
total
-
-
-
-
Corporate
39 519
95 500
-
-
nationa
9 486
22 920
-
-
municipal
1 965
4 746
-
-
total
11 451
27 666
-
-
Dividends
28 069
67 834
-
-
withholding
7 298
17 636
-
-
total
7 298
17 636
-
-
Income
95 500
95 500
95 500
95 500
Total tax
47 546
45 302
51 001
46 479
After tax
47 954
50 198
44 499
49 021
Living cost
27 185
27 185
27 185
27 185
Free-cash
20 769
23 013
17 314
21 836

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35967
₽25342
₽16729
₽18679
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 892
solidarity contribution
-
-
-
-
social contributions
-
-
-
27 886
total
-
-
-
48 986
Employee
43 801
-
71 269
-
social contributions
2 847
-
4 632
-
health
5 913
-
9 621
-
solidarity contribution
-
-
-
-
income
5 256
-
8 552
-
total
14 016
-
22 805
-
Employer
43 801
-
71 269
-
social contributions
10 950
-
17 817
-
health
3 942
-
6 414
-
total
14 892
-
24 231
-
Corporate
36 806
95 500
-
-
income
6 993
18 145
-
-
total
6 993
18 145
-
-
Dividends
29 813
77 355
-
-
withholding
4 472
11 603
-
-
total
4 472
11 603
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 373
29 748
47 036
48 986
After tax
55 127
65 752
48 464
46 514
Living cost
29 785
29 785
29 785
29 785
Free-cash
25 342
35 967
18 679
16 729

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
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.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21535
₽21038
₽16802
-₽2491
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
chamber of commerce
-
-
-
381
income
-
-
-
14 957
pensions
-
-
-
17 667
unemployment
-
-
-
6 190
health
-
-
-
7 306
surtax
-
-
-
-
total
-
-
-
46 501
Employee
44 114
40 217
74 156
-
other
440
402
741
-
health
1 706
1 557
2 871
-
income
3 930
2 967
13 440
-
pensions
4 518
4 117
7 593
-
unemployment
1 323
1 207
2 225
-
total
11 917
10 250
26 870
-
Employer
44 114
40 217
74 156
-
accident
573
523
963
-
other
2 095
1 909
3 522
-
chamber of commerce
176
161
297
-
unemployment
1 323
1 207
2 225
-
surtax
-
-
-
-
pensions
5 537
5 048
9 307
-
payroll
1 323
1 207
2 225
-
health
1 668
1 521
2 804
-
total
12 695
11 576
21 343
-
Corporate
38 690
43 708
70 326
-
income

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

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

9 673
10 928
17 581
-
total
9 673
10 928
17 581
-
Dividends
29 017
32 780
-
-
withholding
7 980
9 014
-
-
total
7 980
9 014
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 265
41 768
65 794
46 501
After tax
53 235
53 732
29 706
48 999
Living cost
32 197
32 197
32 197
32 197
Free-cash
21 038
21 535
-2 491
16 802

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽76576
₽73924
₽80396
₽62251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 686
-
95 500
-
income
3 537
-
19 100
-
total
3 537
-
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%.

77 814
95 500
-
-
total
-
-
-
-
Dividends
77 814
95 500
-
-
withholding
3 890
4 775
-
-
total
3 890
4 775
-
-
Income
95 500
95 500
95 500
95 500
Total tax
7 427
4 775
19 100
955
After tax
88 073
90 725
76 400
94 545
Living cost
14 149
14 149
14 149
14 149
Free-cash
73 924
76 576
62 251
80 396

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38681
₽30242
₽22578
₽19844
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

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

-
-
-
95 500
income
-
-
-
18 871
pensions
-
-
-
17 441
unemployment
-
-
-
144
health
-
-
-
9 397
total
-
-
-
45 853
Employee

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

44 626
-
82 632
-
health
2 882
-
5 337
-
income
7 696
-
17 461
-
pensions
6 917
-
12 808
-
unemployment
63
-
115
-
total
17 558
-
35 721
-
Employer

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

44 626
-
82 632
-
unemployment
27
-
50
-
pensions
3 949
-
7 314
-
health
2 972
-
5 502
-
total
6 948
-
12 866
-
Corporate
43 926
95 500
-
-
income
8 346
18 146
-
-
total
8 346
18 146
-
-
Dividends
35 580
77 354
-
-
withholding
5 337
11 604
-
-
total
5 337
11 604
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 189
29 750
48 587
45 853
After tax
57 311
65 750
46 913
49 647
Living cost
27 069
27 069
27 069
27 069
Free-cash
30 242
38 681
19 844
22 578

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14518
-₽55109
₽22414
₽38628
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
18 615
social contributions
-
-
-
10 887
total
-
-
-
29 502
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
95 500
-
-
income
-
21 010
-
-
total
-
21 010
-
-
Dividends
-
74 490
-
-
income
-
16 388
-
-
total
-
16 388
-
-
Income
95 500
95 500
95 500
95 500
Total tax
107 025
37 398
13 288
29 502
After tax
-11 525
58 102
82 212
65 998
Living cost
43 584
43 584
43 584
43 584
Free-cash
-55 109
14 518
38 628
22 414

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22666
₽21649
₽21984
₽17376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 674
surtax
-
-
-
-
social contributions

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

-
-
-
33 187
total
-
-
-
41 861
Employee
46 415
-
77 172
-
social contributions
5 106
-
8 490
-
surtax
-
-
-
-
income
9 654
-
19 651
-
total
14 760
-
28 141
-
Employer
46 415
-
77 172
-
social contributions
11 023
-
18 328
-
total
11 023
-
18 328
-
Corporate
38 062
95 500
-
-
surtax
-
-
-
-
income
7 994
20 055
-
-
total
7 994
20 055
-
-
Dividends
30 068
75 445
-
-
withholding
8 419
21 124
-
-
total
8 419
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
42 196
41 179
46 469
41 861
After tax
53 304
54 321
49 031
53 639
Living cost
31 655
31 655
31 655
31 655
Free-cash
21 649
22 666
17 376
21 984

Estimated living cost  is ₽31655 per week

₽23684
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.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽613
₽6326
₽6407
₽5732
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 328
pensions
-
-
-
24 868
other
-
-
-
2 963
health
-
-
-
1 471
surtax
-
-
-
-
social contributions
-
-
-
2 721
total
-
-
-
40 351
Employee
63 207
-
72 771
-
social contributions
1 800
-
2 074
-
surtax
-
-
-
-
income
5 515
-
7 993
-
pensions
7 149
-
8 231
-
total
14 464
-
18 298
-
Employer
63 207
-
72 771
-
other
2 181
-
2 511
-
social contributions
190
-
218
-
unemployment
2 561
-
2 947
-
pensions
10 386
-
11 958
-
health
4 424
-
5 094
-
total
19 742
-
22 728
-
Corporate
12 552
95 500
-
-
surtax
-
-
-
-
income
3 514
26 741
-
-
total
3 514
26 741
-
-
Dividends
9 038
68 759
-
-
surtax
-
-
-
-
social contributions
1 555
11 828
-
-
withholding
1 157
8 802
-
-
total
2 712
20 630
-
-
Income
95 500
95 500
95 500
95 500
Total tax
40 432
47 371
41 026
40 351
After tax
55 068
48 129
54 474
55 149
Living cost
48 742
48 742
48 742
48 742
Free-cash
6 326
-613
5 732
6 407

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55613
₽52223
₽42726
₽45371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 427
social contributions
-
-
-
21 011
total
-
-
-
22 438
Employee
32 444
-
82 684
-
income
-
-
1 603
-
social contributions
2 109
-
5 374
-
total
2 109
-
6 977
-
Employer
32 444
-
82 684
-
social contributions
5 029
-
12 816
-
total
5 029
-
12 816
-
Corporate
58 027
95 500
-
-
income
5 803
9 551
-
-
total
5 803
9 551
-
-
Dividends
52 224
85 949
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
12 941
9 551
19 793
22 438
After tax
82 559
85 949
75 707
73 062
Living cost
30 336
30 336
30 336
30 336
Free-cash
52 223
55 613
45 371
42 726

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
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.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽124473
-₽124473
₽10939
-₽124473
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
17 448
pensions
-
-
-
875
national
-
-
-
10 045
labour market
-
-
-
7 570
total
-
-
-
35 938
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
95 500
95 500
95 500
95 500
Total tax
171 350
171 350
171 350
35 938
After tax
-75 850
-75 850
-75 850
59 562
Living cost
48 623
48 623
48 623
48 623
Free-cash
-124 473
-124 473
-124 473
10 939

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14010
₽4401
₽43831
₽27275
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
22 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
29 923
Employee
34 209
-
81 105
-
health
3 917
-
9 286
-
income
4 693
-
15 144
-
pensions
3 852
-
7 654
-
total
12 462
-
32 084
-
Employer
34 209
-
81 105
-
accident
571
-
1 355
-
unemployment
838
-
1 987
-
pensions
5 562
-
11 053
-
total
6 971
-
14 395
-
Corporate
54 320
95 500
-
-
income

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

48 888
85 950
-
-
total
48 888
85 950
-
-
Dividends
5 432
9 550
-
-
withholding
1 032
1 814
-
-
total
1 032
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
69 353
87 764
46 479
29 923
After tax
26 147
7 736
49 021
65 577
Living cost
21 746
21 746
21 746
21 746
Free-cash
4 401
-14 010
27 275
43 831

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25167
₽22412
₽29679
₽16166
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
municipal
-
-
-
17 000
health
-
-
-
1 049
national
-
-
-
9 027
total
-
-
-
27 076
Employee
53 095
-
80 340
-
health
396
-
816
-
municipal
8 697
-
13 120
-
pensions
3 583
-
5 424
-
unemployment
797
-
1 205
-
national
877
-
4 864
-
total
14 350
-
25 429
-
Employer
53 095
-
80 340
-
accident
54
-
80
-
unemployment
345
-
523
-
pensions
9 212
-
13 938
-
health
408
-
619
-
total
10 019
-
15 160
-
Corporate
32 387
95 500
-
-
income
6 477
19 099
-
-
total
6 477
19 099
-
-
Dividends

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

19 432
57 300
-
-
national
-
2 174
-
-
municipal
3 497
10 315
-
-
total
3 497
12 489
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 343
31 588
40 589
27 076
After tax
61 157
63 912
54 911
68 424
Living cost
38 745
38 745
38 745
38 745
Free-cash
22 412
25 167
16 166
29 679

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46571
₽41080
₽45120
₽45026
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 681
health
-
-
-
2 436
social contributions
-
-
-
14 898
total
-
-
-
27 015
Employee
77 601
77 601
86 698
-
social contributions
2 934
6 441
7 195
-
health
601
1 320
1 475
-
income
8 449
7 184
9 639
-
total
11 984
14 945
18 309
-
Employer
77 601
77 601
86 698
-
social contributions
2 934
6 441
7 195
-
health
653
1 436
1 605
-
total
3 587
7 877
8 800
-
Corporate
56 563
10 022
-
-
income
7 071
1 252
-
-
total
7 071
1 252
-
-
Dividends
49 492
8 769
-
-
withholding
8 413
1 490
-
-
total
8 413
1 490
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 055
25 564
27 109
27 015
After tax
64 445
69 936
68 391
68 485
Living cost
23 365
23 365
23 365
23 365
Free-cash
41 080
46 571
45 026
45 120

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63061
₽57925
₽60339
₽42898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 038
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
19 138
Employee

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

23 164
-
86 581
-
health
1 969
-
7 360
-
income
1 584
-
6 881
-
pensions
3 474
-
12 986
-
unemployment
115
-
433
-
total
7 142
-
27 660
-
Employer

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

23 164
-
86 581
-
unemployment
115
-
433
-
pensions
1 274
-
4 763
-
health
996
-
3 723
-
total
2 385
-
8 919
-
Corporate
69 951
95 500
-
-
income
6 295
8 595
-
-
total
6 295
8 595
-
-
Dividends
63 657
86 905
-
-
withholding
5 730
7 821
-
-
total
5 730
7 821
-
-
Income
95 500
95 500
95 500
95 500
Total tax
21 552
16 416
36 579
19 138
After tax
73 948
79 084
58 921
76 362
Living cost
16 023
16 023
16 023
16 023
Free-cash
57 925
63 061
42 898
60 339

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36607
₽31316
₽22966
₽23205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
16 720
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 783
Employee
37 315
-
72 411
-
other
36
-
73
-
income
7 194
-
16 860
-
pensions
1 754
-
3 403
-
unemployment
578
-
1 122
-
total
9 562
-
21 458
-
Employer
37 315
-
72 411
-
accident
739
-
1 434
-
other
299
-
580
-
unemployment
2 053
-
3 983
-
pensions
8 806
-
17 089
-
total
11 897
-
23 086
-
Corporate
46 288
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.

6 942
14 325
-
-
total
6 942
14 325
-
-
Dividends
39 346
81 175
-
-
withholding
8 032
16 817
-
-
total
8 032
16 817
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 433
31 142
44 544
44 783
After tax
59 067
64 358
50 956
50 717
Living cost
27 751
27 751
27 751
27 751
Free-cash
31 316
36 607
23 205
22 966

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56836
₽56382
₽57701
₽57503
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
31 576
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
35 043
Employee
4 198
-
93 238
-
health
210
-
503
-
income
812
-
31 470
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
32 979
-
Employer
4 198
-
93 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
90 358
95 500
-
-
income
19 879
21 010
-
-
total
19 879
21 010
-
-
Dividends
70 479
74 490
-
-
withholding
14 096
14 898
-
-
total
14 096
14 898
-
-
Income
95 500
95 500
95 500
95 500
Total tax
36 362
35 908
35 241
35 043
After tax
59 138
59 592
60 259
60 457
Living cost
2 756
2 756
2 756
2 756
Free-cash
56 382
56 836
57 503
57 701

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51546
₽46581
₽32414
₽32415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
95 500
income
-
-
-
17 440
pensions
-
-
-
19 392
unemployment
-
-
-
1 119
health
-
-
-
7 682
total
-
-
-
45 633
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.

26 319
-
82 149
-
health
1 355
-
3 841
-
income
3 628
-
17 440
-
pensions
3 685
-
10 442
-
unemployment
197
-
559
-
total
8 865
-
32 282
-
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.

26 319
-
82 149
-
unemployment
197
-
559
-
pensions
3 158
-
8 950
-
health
1 355
-
3 841
-
total
4 710
-
13 350
-
Corporate
64 470
95 500
-
-
income
9 671
14 325
-
-
total
9 671
14 325
-
-
Dividends
54 800
81 175
-
-
withholding
8 220
12 176
-
-
total
8 220
12 176
-
-
Income
95 500
95 500
95 500
95 500
Total tax
31 466
26 501
45 632
45 633
After tax
64 034
68 999
49 868
49 867
Living cost
17 453
17 453
17 453
17 453
Free-cash
46 581
51 546
32 415
32 414

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27114
₽26750
₽26432
₽21824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 674
surtax
-
-
-
-
social contributions

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

-
-
-
33 187
total
-
-
-
41 861
Employee
39 169
-
77 172
-
social contributions
4 309
-
8 490
-
surtax
-
-
-
-
income
7 653
-
19 651
-
total
11 962
-
28 141
-
Employer
39 169
-
77 172
-
social contributions
9 302
-
18 328
-
total
9 302
-
18 328
-
Corporate
47 030
95 500
-
-
surtax
-
-
-
-
income
9 876
20 055
-
-
total
9 876
20 055
-
-
Dividends
37 153
75 445
-
-
withholding
10 403
21 124
-
-
total
10 403
21 124
-
-
Income
95 500
95 500
95 500
95 500
Total tax
41 543
41 179
46 469
41 861
After tax
53 957
54 321
49 031
53 639
Living cost
27 207
27 207
27 207
27 207
Free-cash
26 750
27 114
21 824
26 432

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28891
₽21196
₽15250
₽15489
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
843
income
-
-
-
16 720
pensions
-
-
-
26 471
other
-
-
-
94
unemployment
-
-
-
655
total
-
-
-
44 783
Employee
48 739
-
72 411
-
other
48
-
73
-
income
10 180
-
16 860
-
pensions
2 290
-
3 403
-
unemployment
755
-
1 122
-
total
13 273
-
21 458
-
Employer
48 739
-
72 411
-
accident
965
-
1 434
-
other
391
-
580
-
unemployment
2 681
-
3 983
-
pensions
11 502
-
17 089
-
total
15 539
-
23 086
-
Corporate
31 222
95 500
-
-
income

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

4 682
14 325
-
-
total
4 682
14 325
-
-
Dividends
26 539
81 175
-
-
withholding
5 343
16 817
-
-
total
5 343
16 817
-
-
Income
95 500
95 500
95 500
95 500
Total tax
38 837
31 142
44 544
44 783
After tax
56 663
64 358
50 956
50 717
Living cost
35 467
35 467
35 467
35 467
Free-cash
21 196
28 891
15 489
15 250

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64282
₽58127
₽54387
₽57243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
23 742
Employee
23 001
-
88 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
8 858
-
pensions

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

2 019
-
3 097
-
total
5 630
-
13 965
-
Employer
23 001
-
88 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
67 986
95 500
-
-
income
6 799
9 550
-
-
total
6 799
9 550
-
-
Dividends
61 187
85 950
-
-
withholding
3 060
4 297
-
-
total
3 060
4 297
-
-
Income
95 500
95 500
95 500
95 500
Total tax
20 002
13 847
20 886
23 742
After tax
75 498
81 653
74 614
71 758
Living cost
17 371
17 371
17 371
17 371
Free-cash
58 127
64 282
57 243
54 387

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10323
₽23526
₽22692
₽29663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
95 500
trade
-
-
-
6 971
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.

-
-
-
18 939
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.

-
-
-
6 894
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.

-
-
-
1 042
total
-
-
-
33 846
Employee

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

50 213
-
95 500
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
1 042
-
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.

4 129
-
18 939
-
total
11 251
-
26 875
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 287
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.

373
787
-
-
income
6 793
14 325
-
-
trade
6 498
13 705
-
-
chamber of commerce
220
293
-
-
total
13 884
29 110
-
-
Dividends
31 402
66 390
-
-
surtax

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

410
892
-
-
withholding
7 467
16 213
-
-
total
7 877
17 105
-
-
Income
95 500
95 500
95 500
95 500
Total tax
33 012
46 215
26 875
33 846
After tax
62 488
49 285
68 625
61 654
Living cost
38 962
38 962
38 962
38 962
Free-cash
23 526
10 323
29 663
22 692

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9363
₽11591
₽8113
₽8113
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
income
-
-
-
21 520
social contributions
-
-
-
8 380
total
-
-
-
29 900
Employee
78 941
-
95 500
-
income
14 896
-
21 520
-
social contributions
6 558
-
8 380
-
total
21 454
-
29 900
-
Employer
78 941
-
95 500
-
total
-
-
-
-
Corporate
16 559
95 500
-
-
income
2 070
11 937
-
-
total
2 070
11 937
-
-
Dividends
14 489
83 563
-
-
withholding
2 898
16 713
-
-
total
2 898
16 713
-
-
Income
95 500
95 500
95 500
95 500
Total tax
26 422
28 650
29 900
29 900
After tax
69 078
66 850
65 600
65 600
Living cost
57 487
57 487
57 487
57 487
Free-cash
11 591
9 363
8 113
8 113

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20110
₽24623
₽23398
₽33418
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
95 500
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
90 858
-
income
5 023
-
16 164
-
social contributions
4 638
-
4 642
-
total
9 661
-
20 806
-
Employer
46 295
-
90 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
44 566
95 500
-
-
income
15 599
33 424
-
-
total
15 599
33 424
-
-
Dividends
28 968
62 076
-
-
social contributions
4 345
5 332
-
-
total
4 345
5 332
-
-
Income
95 500
95 500
95 500
95 500
Total tax
34 243
38 756
25 448
35 468
After tax
61 257
56 744
70 052
60 032
Living cost
36 634
36 634
36 634
36 634
Free-cash
24 623
20 110
33 418
23 398

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
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.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33836
₽28225
₽32268
₽22390
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 712
pensions
-
-
-
6 905
total
-
-
-
25 617
Employee
51 632
-
84 193
-
health
674
-
1 340
-
income
9 403
-
15 000
-
pensions
3 941
-
7 848
-
total
14 018
-
24 188
-
Employer
51 632
-
84 193
-
pensions
5 216
-
9 708
-
health
981
-
1 599
-
total
6 197
-
11 307
-
Corporate
37 670
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.

7 157
18 145
-
-
total
7 157
18 145
-
-
Dividends
30 514
77 355
-
-
withholding
2 288
5 904
-
-
total
2 288
5 904
-
-
Income
95 500
95 500
95 500
95 500
Total tax
29 660
24 049
35 495
25 617
After tax
65 840
71 451
60 005
69 883
Living cost
37 615
37 615
37 615
37 615
Free-cash
28 225
33 836
22 390
32 268

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16164
₽4069
₽41677
₽25121
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
253
income
-
-
-
22 936
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
29 923
Employee
37 595
-
81 105
-
health
4 304
-
9 286
-
income
5 158
-
15 144
-
pensions
4 233
-
7 654
-
total
13 695
-
32 084
-
Employer
37 595
-
81 105
-
accident
628
-
1 355
-
unemployment
921
-
1 987
-
pensions
6 113
-
11 053
-
total
7 662
-
14 395
-
Corporate
50 244
95 500
-
-
income

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

45 219
85 950
-
-
total
45 219
85 950
-
-
Dividends
5 024
9 550
-
-
withholding
955
1 814
-
-
total
955
1 814
-
-
Income
95 500
95 500
95 500
95 500
Total tax
67 531
87 764
46 479
29 923
After tax
27 969
7 736
49 021
65 577
Living cost
23 900
23 900
23 900
23 900
Free-cash
4 069
-16 164
25 121
41 677

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66732
₽62637
₽41106
₽45178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
477
health insurance
-
-
-
7 067
income
-
-
-
14 501
pensions
-
-
-
17 572
unemployment
-
-
-
1 146
total
-
-
-
40 763
Employee

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

21 810
-
95 500
-
work injury
109
-
403
-
income
2 181
-
14 501
-
pensions
4 013
-
14 848
-
health insurance
1 614
-
5 971
-
unemployment
262
-
968
-
total
8 179
-
36 691
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
73 690
95 500
-
-
income

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

-
955
-
-
total
-
955
-
-
Dividends
73 690
94 545
-
-
withholding
11 053
14 182
-
-
total
11 053
14 182
-
-
Income
95 500
95 500
95 500
95 500
Total tax
19 232
15 137
36 691
40 763
After tax
76 268
80 363
58 809
54 737
Living cost
13 631
13 631
13 631
13 631
Free-cash
62 637
66 732
45 178
41 106

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10098
₽5508
₽8331
₽3961
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
95 500
municipal
-
-
-
638
regional
-
-
-
1 857
national
-
-
-
19 908
social contributions
-
-
-
24 563
total
-
-
-
46 966
Employee
85 040
-
95 500
-
social contributions
28 675
-
32 203
-
regional
1 284
-
1 558
-
municipal
508
-
569
-
national
14 371
-
17 006
-
total
44 838
-
51 336
-
Employer
85 040
-
95 500
-
total
-
-
-
-
Corporate
10 460
95 500
-
-
nationa
2 511
22 920
-
-
municipal
504
4 604
-
-
total
3 015
27 524
-
-
Dividends
7 446
67 976
-
-
withholding
1 936
17 675
-
-
total
1 936
17 675
-
-
Income
95 500
95 500
95 500
95 500
Total tax
49 789
45 199
51 336
46 966
After tax
45 711
50 301
44 164
48 534
Living cost
40 203
40 203
40 203
40 203
Free-cash
5 508
10 098
3 961
8 331

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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