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
₽ 96500
per

Your estimated
City
free-cash

Dresden , Germany
₽18378
₽29492
₽30906
₽38750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
trade
-
-
-
7 844
income

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

-
-
-
19 398
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.

-
-
-
6 862
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.

-
-
-
1 067
total
-
-
-
35 171
Employee

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

38 418
-
96 500
-
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.

6 862
-
6 862
-
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
-
1 067
-
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.

1 073
-
19 398
-
total
7 994
-
27 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
58 082
96 500
-
-
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.

478
797
-
-
income
8 713
14 475
-
-
trade
9 147
15 199
-
-
chamber of commerce
236
292
-
-
total
18 574
30 763
-
-
Dividends
39 507
65 737
-
-
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.

522
883
-
-
withholding
9 494
16 053
-
-
total
10 016
16 936
-
-
Income
96 500
96 500
96 500
96 500
Total tax
36 584
47 699
27 327
35 171
After tax
59 916
48 801
69 173
61 329
Living cost
30 423
30 423
30 423
30 423
Free-cash
29 492
18 378
38 750
30 906

Estimated living cost  is ₽30423 per week

₽19137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9533
₽8690
₽7684
₽8441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
10 008
pensions
-
-
-
11 580
national
-
-
-
15 508
social contributions
-
-
-
1 037
total
-
-
-
38 133
Employee
78 568
-
83 423
-
municipal
9 704
-
10 381
-
pensions
3 143
-
3 337
-
national
15 038
-
16 087
-
total
27 885
-
29 805
-
Employer
78 568
-
83 423
-
social contributions
845
-
897
-
pensions
6 285
-
6 674
-
total
7 130
-
7 571
-
Corporate
5 617
96 500
-
-
income

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

1 123
19 300
-
-
total
1 123
19 300
-
-
Dividends
4 493
77 200
-
-
withholding
989
16 984
-
-
total
989
16 984
-
-
Income
96 500
96 500
96 500
96 500
Total tax
37 127
36 284
37 376
38 133
After tax
59 373
60 216
59 124
58 367
Living cost
50 683
50 683
50 683
50 683
Free-cash
8 690
9 533
8 441
7 684

Estimated living cost  is ₽50683 per week

₽34449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56304
₽48063
₽30661
₽33539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
microenterprise
-
-
-
-
income
-
-
-
13 916
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.

-
-
-
31 026
total
-
-
-
44 942
Employee
29 350
-
77 767
-
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.

3 229
-
8 555
-
surtax
-
-
-
-
income
5 225
-
14 776
-
total
8 454
-
23 331
-
Employer
29 350
-
77 767
-
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.

7 070
-
18 733
-
surtax
-
-
-
-
total
7 070
-
18 733
-
Corporate
60 080
96 500
-
-
income

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

12 016
19 299
-
-
total
12 016
19 299
-
-
Dividends

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

48 064
77 201
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
27 540
19 299
42 064
44 942
After tax
68 960
77 201
54 436
51 558
Living cost
20 897
20 897
20 897
20 897
Free-cash
48 063
56 304
33 539
30 661

Estimated living cost  is ₽20897 per week

₽13331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
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.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2397
-₽3241
₽12718
-₽3241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
18 127
pensions
-
-
-
11 768
health
-
-
-
11 810
total
-
-
-
41 705
Employee
85 775
85 775
85 775
-
health
13 165
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
15 439
11 768
15 439
-
total
42 644
37 006
42 644
-
Employer
85 775
85 775
85 775
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 962
5 962
5 962
-
total
15 020
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
57 664
52 026
57 664
41 705
After tax
38 836
44 474
38 836
54 795
Living cost
42 077
42 077
42 077
42 077
Free-cash
-3 241
2 397
-3 241
12 718

Estimated living cost  is ₽42077 per week

₽29819
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13728
₽12854
₽11402
₽12572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
21 400
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 922
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
46 137
Employee
55 516
-
73 429
-
municipal
16 555
-
21 896
-
national
-
-
-
-
total
16 555
-
21 896
-
Employer
55 516
-
73 429
-
accident
111
-
147
-
other
6 451
-
8 532
-
unemployment
1 466
-
1 938
-
pensions
6 001
-
7 938
-
health
3 414
-
4 516
-
total
17 443
-
23 071
-
Corporate
23 541
96 500
-
-
income
5 179
21 230
-
-
total
5 179
21 230
-
-
Dividends
18 362
75 270
-
-
withholding
5 508
22 581
-
-
total
5 508
22 581
-
-
Income
96 500
96 500
96 500
96 500
Total tax
44 685
43 811
44 967
46 137
After tax
51 815
52 689
51 533
50 363
Living cost
38 961
38 961
38 961
38 961
Free-cash
12 854
13 728
12 572
11 402

Estimated living cost  is ₽38961 per week

₽25822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8849
₽22963
₽21523
₽29715
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
trade
-
-
-
8 192
income

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

-
-
-
19 398
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.

-
-
-
6 862
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.

-
-
-
1 067
total
-
-
-
35 519
Employee

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

50 937
-
96 500
-
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.

6 862
-
6 862
-
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.

240
-
1 067
-
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.

4 376
-
19 398
-
total
11 478
-
27 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
45 563
96 500
-
-
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.

376
797
-
-
income
6 835
14 475
-
-
trade
7 495
15 874
-
-
chamber of commerce
217
290
-
-
total
14 923
31 436
-
-
Dividends
30 640
65 065
-
-
surtax

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

400
873
-
-
withholding
7 278
15 884
-
-
total
7 678
16 757
-
-
Income
96 500
96 500
96 500
96 500
Total tax
34 079
48 193
27 327
35 519
After tax
62 421
48 307
69 173
60 981
Living cost
39 458
39 458
39 458
39 458
Free-cash
22 963
8 849
29 715
21 523

Estimated living cost  is ₽39458 per week

₽26390
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8318
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38080
₽33918
₽36416
₽36318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
9 990
health
-
-
-
2 461
social contributions
-
-
-
15 054
total
-
-
-
27 505
Employee
77 236
77 236
87 608
-
social contributions
3 753
6 410
7 272
-
health
768
1 313
1 489
-
income
8 110
7 150
9 950
-
total
12 631
14 873
18 711
-
Employer
77 236
77 236
87 608
-
social contributions
3 753
6 410
7 272
-
health
837
1 430
1 620
-
total
4 590
7 840
8 892
-
Corporate
46 700
11 424
-
-
income
5 836
1 428
-
-
total
5 836
1 428
-
-
Dividends
40 863
9 996
-
-
withholding
6 946
1 700
-
-
total
6 946
1 700
-
-
Income
96 500
96 500
96 500
96 500
Total tax
30 003
25 841
27 603
27 505
After tax
66 497
70 659
68 897
68 995
Living cost
32 579
32 579
32 579
32 579
Free-cash
33 918
38 080
36 318
36 416

Estimated living cost  is ₽32579 per week

₽22271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36145
₽36526
₽48619
₽37710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
11 797
pensions
-
-
-
9 650
unemployment
-
-
-
1 447
health
-
-
-
6 755
total
-
-
-
29 649
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.

26 319
10 475
80 753
-
health
1 842
733
5 653
-
income
3 217
1 281
9 872
-
pensions
2 632
1 047
8 075
-
unemployment
395
157
1 211
-
total
8 086
3 218
24 811
-
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.

26 319
10 475
80 753
-
pensions
5 132
2 043
15 747
-
total
5 132
2 043
15 747
-
Corporate
65 049
83 983
-
-
income
5 854
7 558
-
-
total
5 854
7 558
-
-
Dividends
59 194
76 424
-
-
social contributions
11 423
14 783
-
-
withholding
11 247
14 521
-
-
total
22 670
29 304
-
-
Income
96 500
96 500
96 500
96 500
Total tax
41 742
42 123
40 558
29 649
After tax
54 758
54 377
55 942
66 851
Living cost
18 232
18 232
18 232
18 232
Free-cash
36 526
36 145
37 710
48 619

Estimated living cost  is ₽18232 per week

₽12442
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3934
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽52940
₽46698
₽27465
₽31361
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
12 931
pensions
-
-
-
19 299
health
-
-
-
12 544
total
-
-
-
44 774
Employee
28 494
-
72 121
-
income
3 208
-
13 905
-
pensions
570
-
1 443
-
unemployment
456
-
1 153
-
total
4 234
-
16 501
-
Employer
28 494
-
72 121
-
unemployment
229
-
578
-
pensions
5 699
-
14 423
-
health
3 704
-
9 376
-
total
9 632
-
24 377
-
Corporate
58 374
96 500
-
-
income
11 675
19 299
-
-
total
11 675
19 299
-
-
Dividends
46 699
77 201
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
25 541
19 299
40 878
44 774
After tax
70 959
77 201
55 622
51 726
Living cost
24 261
24 261
24 261
24 261
Free-cash
46 698
52 940
31 361
27 465

Estimated living cost  is ₽24261 per week

₽16640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14228
₽4435
₽44213
₽27562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
253
income
-
-
-
23 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 243
Employee
34 676
-
82 079
-
health
3 970
-
9 398
-
income
4 757
-
15 430
-
pensions
3 905
-
7 645
-
total
12 632
-
32 473
-
Employer
34 676
-
82 079
-
accident
579
-
1 371
-
unemployment
850
-
2 011
-
pensions
5 639
-
11 039
-
total
7 068
-
14 421
-
Corporate
54 757
96 500
-
-
income

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

49 281
86 850
-
-
total
49 281
86 850
-
-
Dividends
5 476
9 650
-
-
withholding
1 040
1 834
-
-
total
1 040
1 834
-
-
Income
96 500
96 500
96 500
96 500
Total tax
70 021
88 684
46 894
30 243
After tax
26 479
7 816
49 606
66 257
Living cost
22 044
22 044
22 044
22 044
Free-cash
4 435
-14 228
27 562
44 213

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82575
₽80869
₽86435
₽68100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
96 500
microenterprise

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

-
-
-
965
total
-
-
-
965
Employee
11 374
-
96 500
-
income
2 275
-
19 300
-
total
2 275
-
19 300
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

85 126
96 500
-
-
total
-
-
-
-
Dividends
85 126
96 500
-
-
withholding
4 256
4 825
-
-
total
4 256
4 825
-
-
Income
96 500
96 500
96 500
96 500
Total tax
6 531
4 825
19 300
965
After tax
89 969
91 675
77 200
95 535
Living cost
9 100
9 100
9 100
9 100
Free-cash
80 869
82 575
68 100
86 435

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
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.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44133
₽37350
₽25488
₽29803
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
12 256
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.

-
-
-
23 161
other
-
-
-
4 584
health
-
-
-
4 247
total
-
-
-
44 248
Employee
36 470
-
77 077
-
health
511
-
1 079
-
income
6 279
-
13 268
-
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.

2 552
-
5 394
-
unemployment
364
-
770
-
total
9 706
-
20 511
-
Employer
36 470
-
77 077
-
accident
292
-
616
-
other
1 824
-
3 854
-
unemployment
364
-
770
-
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.

6 201
-
13 103
-
health
511
-
1 079
-
total
9 192
-
19 422
-
Corporate
50 839
96 500
-
-
income
10 676
20 266
-
-
total
10 676
20 266
-
-
Dividends
40 163
76 234
-
-
withholding
2 812
5 337
-
-
total
2 812
5 337
-
-
Income
96 500
96 500
96 500
96 500
Total tax
32 386
25 603
39 933
44 248
After tax
64 114
70 897
56 567
52 252
Living cost
26 764
26 764
26 764
26 764
Free-cash
37 350
44 133
29 803
25 488

Estimated living cost  is ₽26764 per week

₽18910
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4719
-₽11450
₽3166
-₽6536
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
19 224
pensions
-
-
-
7 009
total
-
-
-
26 233
Employee
94 938
-
85 041
-
health
1 564
-
1 361
-
income
17 114
-
15 143
-
pensions
9 159
-
7 972
-
total
27 837
-
24 476
-
Employer
94 938
-
85 041
-
pensions
11 209
-
9 844
-
health
1 803
-
1 615
-
total
13 012
-
11 459
-
Corporate
-
96 500
-
-
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.

-
18 335
-
-
total
-
18 335
-
-
Dividends
-
78 165
-
-
withholding
-
6 345
-
-
total
-
6 345
-
-
Income
96 500
96 500
96 500
96 500
Total tax
40 849
24 680
35 935
26 233
After tax
55 651
71 820
60 565
70 267
Living cost
67 101
67 101
67 101
67 101
Free-cash
-11 450
4 719
-6 536
3 166

Estimated living cost  is ₽67101 per week

₽50280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7884
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8392
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽69340
₽64674
₽59491
₽62407
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
14 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
23 841
Employee
17 436
-
89 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
8 962
-
pensions

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

1 531
-
3 080
-
total
4 268
-
14 042
-
Employer
17 436
-
89 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
75 643
96 500
-
-
income
7 565
9 650
-
-
total
7 565
9 650
-
-
Dividends
68 078
86 850
-
-
withholding
3 404
4 342
-
-
total
3 404
4 342
-
-
Income
96 500
96 500
96 500
96 500
Total tax
18 658
13 992
20 925
23 841
After tax
77 842
82 508
75 575
72 659
Living cost
13 168
13 168
13 168
13 168
Free-cash
64 674
69 340
62 407
59 491

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽11223
-₽12928
-₽902
-₽16861
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
18 127
pensions
-
-
-
11 768
health
-
-
-
11 810
total
-
-
-
41 705
Employee
93 124
85 775
85 775
-
health
11 618
11 198
13 165
-
income

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

14 040
14 040
14 040
-
pensions
11 768
11 768
15 439
-
total
37 426
37 006
42 644
-
Employer
93 124
85 775
85 775
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 962
5 962
-
total
16 305
15 020
15 020
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
53 731
52 026
57 664
41 705
After tax
42 769
44 474
38 836
54 795
Living cost
55 697
55 697
55 697
55 697
Free-cash
-12 928
-11 223
-16 861
-902

Estimated living cost  is ₽55697 per week

₽41086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42420
₽33850
₽22981
₽24950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
8 294
health
-
-
-
13 027
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 178
total
-
-
-
49 499
Employee
35 324
-
72 015
-
social contributions
2 296
-
4 681
-
health
4 769
-
9 722
-
solidarity contribution
-
-
-
-
income
4 239
-
8 642
-
total
11 304
-
23 045
-
Employer
35 324
-
72 015
-
social contributions
8 831
-
18 004
-
health
3 179
-
6 481
-
total
12 010
-
24 485
-
Corporate
49 166
96 500
-
-
income
9 342
18 335
-
-
total
9 342
18 335
-
-
Dividends
39 824
78 165
-
-
withholding
5 974
11 725
-
-
total
5 974
11 725
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 630
30 060
47 530
49 499
After tax
57 870
66 440
48 970
47 001
Living cost
24 020
24 020
24 020
24 020
Free-cash
33 850
42 420
24 950
22 981

Estimated living cost  is ₽24020 per week

₽16685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9103
₽3859
₽7441
₽2850
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
574
regional
-
-
-
1 058
national
-
-
-
20 224
social contributions
-
-
-
24 819
total
-
-
-
46 675
Employee
89 268
-
96 500
-
social contributions
30 101
-
32 539
-
regional
842
-
926
-
municipal
473
-
511
-
national
15 468
-
17 290
-
total
46 884
-
51 266
-
Employer
89 268
-
96 500
-
total
-
-
-
-
Corporate
7 232
96 500
-
-
nationa
1 736
23 159
-
-
municipal
282
3 763
-
-
total
2 018
26 922
-
-
Dividends
5 213
69 578
-
-
withholding
1 355
18 091
-
-
total
1 355
18 091
-
-
Income
96 500
96 500
96 500
96 500
Total tax
50 257
45 013
51 266
46 675
After tax
46 243
51 487
45 234
49 825
Living cost
42 384
42 384
42 384
42 384
Free-cash
3 859
9 103
2 850
7 441

Estimated living cost  is ₽42384 per week

₽29545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38534
₽35409
₽27890
₽26022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
17 938
pensions
-
-
-
19 299
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 851
surtax
-
-
-
2 129
total
-
-
-
46 446
Employee
33 216
-
79 719
-
other
-
-
-
-
health
848
-
2 032
-
surtax
109
-
1 916
-
income
5 568
-
16 718
-
pensions
2 215
-
5 318
-
unemployment
2 312
-
5 549
-
total
11 052
-
31 533
-
Employer
33 216
-
79 719
-
other
-
-
-
-
unemployment
1 052
-
2 527
-
pensions
4 428
-
10 627
-
health
1 512
-
3 627
-
total
6 992
-
16 781
-
Corporate
56 292
96 500
-
-
income
14 635
25 090
-
-
total
14 635
25 090
-
-
Dividends
41 657
71 410
-
-
withholding
6 248
10 712
-
-
total
6 248
10 712
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 927
35 802
48 314
46 446
After tax
57 573
60 698
48 186
50 054
Living cost
22 164
22 164
22 164
22 164
Free-cash
35 409
38 534
26 022
27 890

Estimated living cost  is ₽22164 per week

₽13552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽25978
₽18565
₽24425
₽14723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
19 224
pensions
-
-
-
7 009
total
-
-
-
26 233
Employee
63 625
-
85 041
-
health
924
-
1 361
-
income
11 459
-
15 143
-
pensions
5 400
-
7 972
-
total
17 783
-
24 476
-
Employer
63 625
-
85 041
-
pensions
6 887
-
9 844
-
health
1 209
-
1 615
-
total
8 096
-
11 459
-
Corporate
24 779
96 500
-
-
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.

4 709
18 335
-
-
total
4 709
18 335
-
-
Dividends
20 071
78 165
-
-
withholding
1 505
6 345
-
-
total
1 505
6 345
-
-
Income
96 500
96 500
96 500
96 500
Total tax
32 093
24 680
35 935
26 233
After tax
64 407
71 820
60 565
70 267
Living cost
45 842
45 842
45 842
45 842
Free-cash
18 565
25 978
14 723
24 425

Estimated living cost  is ₽45842 per week

₽34344
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽32267
-₽1416
₽4281
-₽612
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
city
-
-
-
1 016
pensions
-
-
-
8 878
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.

-
-
-
1 931
regional
-
-
-
3 212
health
-
-
-
249
national
-
-
-
539
total
-
-
-
15 825
Employee
89 401
-
86 374
-
city
959
-
928
-
regional
2 927
-
2 763
-
health
202
-
194
-
pensions
7 511
-
7 256
-
unemployment
-
-
-
-
national
423
-
400
-
total
12 022
-
11 541
-
Employer
89 401
-
86 374
-
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.

1 787
-
1 727
-
unemployment
-
-
-
-
pensions
7 511
-
7 256
-
health
202
-
194
-
total
9 500
-
9 177
-
Corporate
-
96 500
-
-
regional
-
20 410
-
-
national
-
8 202
-
-
total
-
28 612
-
-
Dividends
-
67 889
-
-
withholding
-
23 761
-
-
total
-
23 761
-
-
Income
96 500
96 500
96 500
96 500
Total tax
21 522
52 373
20 718
15 825
After tax
74 978
44 127
75 782
80 675
Living cost
76 394
76 394
76 394
76 394
Free-cash
-1 416
-32 267
-612
4 281

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1798
₽18084
₽14618
₽23159
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
trade
-
-
-
8 541
income

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

-
-
-
19 398
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.

-
-
-
6 862
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.

-
-
-
1 067
total
-
-
-
35 868
Employee

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

60 365
-
96 500
-
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.

6 862
-
6 862
-
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.

391
-
1 067
-
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.

7 098
-
19 398
-
total
14 351
-
27 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
36 135
96 500
-
-
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.

297
797
-
-
income
5 421
14 475
-
-
trade
6 197
16 549
-
-
chamber of commerce
204
288
-
-
total
12 119
32 109
-
-
Dividends
24 016
64 392
-
-
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.

309
863
-
-
withholding
5 623
15 716
-
-
total
5 932
16 579
-
-
Income
96 500
96 500
96 500
96 500
Total tax
32 402
48 688
27 327
35 868
After tax
64 098
47 812
69 173
60 632
Living cost
46 014
46 014
46 014
46 014
Free-cash
18 084
1 798
23 159
14 618

Estimated living cost  is ₽46014 per week

₽33607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14271
₽20202
₽21316
₽20519
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
8 632
pensions
-
-
-
24 873
other
-
-
-
2 994
health
-
-
-
1 569
surtax
-
-
-
-
social contributions
-
-
-
2 751
total
-
-
-
40 819
Employee
42 988
-
73 533
-
social contributions
1 226
-
2 097
-
surtax
-
-
-
-
income
2 537
-
8 241
-
pensions
4 861
-
8 316
-
total
8 624
-
18 654
-
Employer
42 988
-
73 533
-
other
1 483
-
2 537
-
social contributions
130
-
221
-
unemployment
1 740
-
2 977
-
pensions
7 062
-
12 081
-
health
3 010
-
5 146
-
total
13 425
-
22 962
-
Corporate
40 087
96 500
-
-
surtax
-
-
-
-
income
11 225
27 021
-
-
total
11 225
27 021
-
-
Dividends
28 862
69 479
-
-
surtax
-
-
-
-
social contributions
4 965
11 949
-
-
withholding
3 694
8 894
-
-
total
8 659
20 843
-
-
Income
96 500
96 500
96 500
96 500
Total tax
41 933
47 864
41 616
40 819
After tax
54 567
48 636
54 884
55 681
Living cost
34 365
34 365
34 365
34 365
Free-cash
20 202
14 271
20 519
21 316

Estimated living cost  is ₽34365 per week

₽21669
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17676
₽23256
₽24721
₽23924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
8 632
pensions
-
-
-
24 873
other
-
-
-
2 994
health
-
-
-
1 569
surtax
-
-
-
-
social contributions
-
-
-
2 751
total
-
-
-
40 819
Employee
38 373
-
73 533
-
social contributions
1 094
-
2 097
-
surtax
-
-
-
-
income
1 979
-
8 241
-
pensions
4 340
-
8 316
-
total
7 413
-
18 654
-
Employer
38 373
-
73 533
-
other
1 325
-
2 537
-
social contributions
114
-
221
-
unemployment
1 553
-
2 977
-
pensions
6 305
-
12 081
-
health
2 686
-
5 146
-
total
11 983
-
22 962
-
Corporate
46 143
96 500
-
-
surtax
-
-
-
-
income
12 920
27 021
-
-
total
12 920
27 021
-
-
Dividends
33 224
69 479
-
-
surtax
-
-
-
-
social contributions
5 715
11 949
-
-
withholding
4 253
8 894
-
-
total
9 968
20 843
-
-
Income
96 500
96 500
96 500
96 500
Total tax
42 284
47 864
41 616
40 819
After tax
54 216
48 636
54 884
55 681
Living cost
30 960
30 960
30 960
30 960
Free-cash
23 256
17 676
23 924
24 721

Estimated living cost  is ₽30960 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37576
₽38097
₽40674
₽41048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
14 475
health
-
-
-
6 736
social contributions
-
-
-
13 316
total
-
-
-
34 527
Employee
34 056
-
96 500
-
social contributions
4 700
-
13 316
-
health
2 377
-
6 736
-
income
5 680
-
14 101
-
total
12 757
-
34 153
-
Employer
34 056
-
96 500
-
total
-
-
-
-
Corporate
62 444
96 500
-
-
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%.

3 122
4 824
-
-
total
3 122
4 824
-
-
Dividends
59 322
91 676
-
-
health
4 140
6 399
-
-
social contributions
8 187
12 651
-
-
withholding
8 898
13 751
-
-
total
21 225
32 801
-
-
Income
96 500
96 500
96 500
96 500
Total tax
37 104
37 625
34 153
34 527
After tax
59 396
58 875
62 347
61 973
Living cost
21 299
21 299
21 299
21 299
Free-cash
38 097
37 576
41 048
40 674

Estimated living cost  is ₽21299 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
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.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18771
₽17215
₽13792
-₽5606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
chamber of commerce
-
-
-
387
income
-
-
-
15 335
pensions
-
-
-
17 853
unemployment
-
-
-
6 161
health
-
-
-
7 382
surtax
-
-
-
198
total
-
-
-
47 316
Employee
50 197
40 028
74 780
-
other
501
400
747
-
health
1 942
1 550
2 893
-
income
5 715
2 953
13 713
-
pensions
5 141
4 098
7 657
-
unemployment
1 506
1 201
2 243
-
total
14 805
10 202
27 253
-
Employer
50 197
40 028
74 780
-
accident
652
520
972
-
other
2 385
1 900
3 551
-
chamber of commerce
200
160
299
-
unemployment
1 506
1 201
2 243
-
surtax
198
198
198
-
pensions
6 300
5 024
9 386
-
payroll
1 506
1 201
2 243
-
health
1 897
1 513
2 827
-
total
14 644
11 717
21 719
-
Corporate
31 660
44 753
70 968
-
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.

7 914
11 189
17 742
-
total
7 914
11 189
17 742
-
Dividends
23 746
33 564
-
-
withholding
6 530
9 229
-
-
total
6 530
9 229
-
-
Income
96 500
96 500
96 500
96 500
Total tax
43 893
42 337
66 714
47 316
After tax
52 607
54 163
29 786
49 184
Living cost
35 392
35 392
35 392
35 392
Free-cash
17 215
18 771
-5 606
13 792

Estimated living cost  is ₽35392 per week

₽23605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17514
₽2450
₽9184
₽1234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
national
-
-
-
30 953
communal

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

-
-
-
4 899
social contributions
-
-
-
14 841
total
-
-
-
50 693
Employee

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

71 848
-
74 742
-
communal

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

3 747
-
3 898
-
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.

3 376
-
3 513
-
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.

5 389
-
5 606
-
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.

625
-
650
-
national
22 089
-
23 221
-
total
35 226
-
36 888
-
Employer

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

71 848
-
74 742
-
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.

934
-
972
-
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.

1 048
-
1 090
-
surtax
8 147
-
8 475
-
pensions

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

6 366
-
6 622
-
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.

4 418
-
4 596
-
total
20 913
-
21 755
-
Corporate
3 738
96 500
-
-
surtax
15
385
-
-
income
747
19 299
-
-
total
762
19 684
-
-
Dividends
2 976
76 816
-
-
withholding

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

526
22 679
-
-
total
526
22 679
-
-
Income
96 500
96 500
96 500
96 500
Total tax
57 427
42 363
58 643
50 693
After tax
39 073
54 137
37 857
45 807
Living cost
36 623
36 623
36 623
36 623
Free-cash
2 450
17 514
1 234
9 184

Estimated living cost  is ₽36623 per week

₽23590
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28754
₽20753
₽15119
₽15092
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
839
income
-
-
-
17 177
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 107
Employee
49 998
-
73 173
-
other
50
-
72
-
income
10 549
-
17 162
-
pensions
2 350
-
3 439
-
unemployment
776
-
1 134
-
total
13 725
-
21 807
-
Employer
49 998
-
73 173
-
accident
989
-
1 449
-
other
398
-
585
-
unemployment
2 751
-
4 024
-
pensions
11 799
-
17 269
-
total
15 937
-
23 327
-
Corporate
30 565
96 500
-
-
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.

4 584
14 475
-
-
total
4 584
14 475
-
-
Dividends
25 981
82 025
-
-
withholding
5 227
16 997
-
-
total
5 227
16 997
-
-
Income
96 500
96 500
96 500
96 500
Total tax
39 473
31 472
45 134
45 107
After tax
57 027
65 028
51 366
51 393
Living cost
36 274
36 274
36 274
36 274
Free-cash
20 753
28 754
15 092
15 119

Estimated living cost  is ₽36274 per week

₽26712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4594
-₽2050
₽1136
₽5582
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
814
income
-
-
-
7 837
pensions
-
-
-
14 464
health
-
-
-
6 780
surtax
-
-
-
4 784
communal
-
-
-
6 100
total
-
-
-
40 779
Employee
76 065
-
86 199
-
health
3 385
-
3 835
-
surtax
4 662
-
5 282
-
income
7 347
-
10 019
-
pensions
6 084
-
6 896
-
total
21 478
-
26 032
-
Employer
76 065
-
86 199
-
accident
684
-
776
-
pensions
6 084
-
6 896
-
health
2 320
-
2 629
-
total
9 088
-
10 301
-
Corporate
11 347
96 500
-
-
surtax
120
1 014
-
-
communal
-
6 513
-
-
income
1 702
14 475
-
-
total
1 822
22 002
-
-
Dividends
9 524
74 498
-
-
income
10 147
4 144
-
-
withholding
1 430
11 175
-
-
total
11 577
15 319
-
-
Income
96 500
96 500
96 500
96 500
Total tax
43 965
37 321
36 333
40 779
After tax
52 535
59 179
60 167
55 721
Living cost
54 585
54 585
54 585
54 585
Free-cash
-2 050
4 594
5 582
1 136

Estimated living cost  is ₽54585 per week

₽40947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38137
₽34943
₽27493
₽25625
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
17 938
pensions
-
-
-
19 299
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 851
surtax
-
-
-
2 129
total
-
-
-
46 446
Employee
33 826
-
79 719
-
other
-
-
-
-
health
863
-
2 032
-
surtax
120
-
1 916
-
income
5 671
-
16 718
-
pensions
2 257
-
5 318
-
unemployment
2 354
-
5 549
-
total
11 265
-
31 533
-
Employer
33 826
-
79 719
-
other
-
-
-
-
unemployment
1 073
-
2 527
-
pensions
4 510
-
10 627
-
health
1 538
-
3 627
-
total
7 121
-
16 781
-
Corporate
55 553
96 500
-
-
income
14 444
25 090
-
-
total
14 444
25 090
-
-
Dividends
41 109
71 410
-
-
withholding
6 166
10 712
-
-
total
6 166
10 712
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 996
35 802
48 314
46 446
After tax
57 504
60 698
48 186
50 054
Living cost
22 561
22 561
22 561
22 561
Free-cash
34 943
38 137
25 625
27 493

Estimated living cost  is ₽22561 per week

₽13621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23666
₽21438
₽22371
₽17804
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
574
regional
-
-
-
1 455
national
-
-
-
20 224
social contributions
-
-
-
24 819
total
-
-
-
47 072
Employee
55 717
-
96 500
-
social contributions
18 788
-
32 539
-
regional
750
-
1 299
-
municipal
295
-
511
-
national
8 827
-
17 290
-
total
28 660
-
51 639
-
Employer
55 717
-
96 500
-
total
-
-
-
-
Corporate
40 783
96 500
-
-
nationa
9 788
23 159
-
-
municipal
2 026
4 796
-
-
total
11 814
27 955
-
-
Dividends
28 968
68 545
-
-
withholding
7 531
17 822
-
-
total
7 531
17 822
-
-
Income
96 500
96 500
96 500
96 500
Total tax
48 005
45 777
51 639
47 072
After tax
48 495
50 723
44 861
49 428
Living cost
27 057
27 057
27 057
27 057
Free-cash
21 438
23 666
17 804
22 371

Estimated living cost  is ₽27057 per week

₽16827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36841
₽26282
₽17402
₽19371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
8 294
health
-
-
-
13 027
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 178
total
-
-
-
49 499
Employee
43 528
-
72 015
-
social contributions
2 829
-
4 681
-
health
5 876
-
9 722
-
solidarity contribution
-
-
-
-
income
5 223
-
8 642
-
total
13 928
-
23 045
-
Employer
43 528
-
72 015
-
social contributions
10 882
-
18 004
-
health
3 918
-
6 481
-
total
14 800
-
24 485
-
Corporate
38 172
96 500
-
-
income
7 253
18 335
-
-
total
7 253
18 335
-
-
Dividends
30 919
78 165
-
-
withholding
4 638
11 725
-
-
total
4 638
11 725
-
-
Income
96 500
96 500
96 500
96 500
Total tax
40 619
30 060
47 530
49 499
After tax
55 881
66 440
48 970
47 001
Living cost
29 599
29 599
29 599
29 599
Free-cash
26 282
36 841
19 371
17 402

Estimated living cost  is ₽29599 per week

₽22012
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22225
₽21727
₽17337
-₽2223
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
chamber of commerce
-
-
-
387
income
-
-
-
15 335
pensions
-
-
-
17 853
unemployment
-
-
-
6 161
health
-
-
-
7 382
surtax
-
-
-
-
total
-
-
-
47 118
Employee
43 907
40 028
74 936
-
other
438
400
749
-
health
1 698
1 550
2 899
-
income
3 911
2 953
13 766
-
pensions
4 497
4 098
7 674
-
unemployment
1 317
1 201
2 247
-
total
11 861
10 202
27 335
-
Employer
43 907
40 028
74 936
-
accident
570
520
974
-
other
2 085
1 900
3 559
-
chamber of commerce
175
160
299
-
unemployment
1 317
1 201
2 247
-
surtax
-
-
-
-
pensions
5 511
5 024
9 405
-
payroll
1 317
1 201
2 247
-
health
1 660
1 513
2 832
-
total
12 635
11 519
21 563
-
Corporate
39 958
44 951
71 124
-
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.

9 990
11 238
17 780
-
total
9 990
11 238
17 780
-
Dividends
29 968
33 713
-
-
withholding
8 242
9 271
-
-
total
8 242
9 271
-
-
Income
96 500
96 500
96 500
96 500
Total tax
42 728
42 230
66 678
47 118
After tax
53 772
54 270
29 822
49 382
Living cost
32 045
32 045
32 045
32 045
Free-cash
21 727
22 225
-2 223
17 337

Estimated living cost  is ₽32045 per week

₽19223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77495
₽74836
₽81355
₽63020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
96 500
microenterprise

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

-
-
-
965
total
-
-
-
965
Employee
17 726
-
96 500
-
income
3 545
-
19 300
-
total
3 545
-
19 300
-
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%.

78 774
96 500
-
-
total
-
-
-
-
Dividends
78 774
96 500
-
-
withholding
3 939
4 825
-
-
total
3 939
4 825
-
-
Income
96 500
96 500
96 500
96 500
Total tax
7 484
4 825
19 300
965
After tax
89 016
91 675
77 200
95 535
Living cost
14 180
14 180
14 180
14 180
Free-cash
74 836
77 495
63 020
81 355

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39500
₽31098
₽23157
₽20394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
income
-
-
-
19 137
pensions
-
-
-
17 624
unemployment
-
-
-
145
health
-
-
-
9 496
total
-
-
-
46 402
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.

44 416
-
83 498
-
health
2 869
-
5 394
-
income
7 660
-
17 711
-
pensions
6 885
-
12 942
-
unemployment
63
-
116
-
total
17 477
-
36 163
-
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.

44 416
-
83 498
-
unemployment
27
-
50
-
pensions
3 930
-
7 390
-
health
2 958
-
5 562
-
total
6 915
-
13 002
-
Corporate
45 168
96 500
-
-
income
8 581
18 335
-
-
total
8 581
18 335
-
-
Dividends
36 587
78 165
-
-
withholding
5 488
11 724
-
-
total
5 488
11 724
-
-
Income
96 500
96 500
96 500
96 500
Total tax
38 461
30 059
49 165
46 402
After tax
58 039
66 441
47 335
50 098
Living cost
26 941
26 941
26 941
26 941
Free-cash
31 098
39 500
20 394
23 157

Estimated living cost  is ₽26941 per week

₽18489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15147
-₽54041
₽23125
₽39654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
18 810
social contributions
-
-
-
11 001
total
-
-
-
29 811
Employee
62 465
-
-
-
social contributions
5 122
-
730
-
income
13 779
-
-
-
total
18 901
-
730
-
Employer
62 465
-
-
-
social contributions
88 076
-
12 552
-
total
88 076
-
12 552
-
Corporate
-
96 500
-
-
income
-
21 230
-
-
total
-
21 230
-
-
Dividends
-
75 270
-
-
income
-
16 559
-
-
total
-
16 559
-
-
Income
96 500
96 500
96 500
96 500
Total tax
106 977
37 789
13 282
29 811
After tax
-10 477
58 711
83 218
66 689
Living cost
43 564
43 564
43 564
43 564
Free-cash
-54 041
15 147
39 654
23 125

Estimated living cost  is ₽43564 per week

₽28266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
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.
₽10646
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23382
₽22371
₽22646
₽17952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
income
-
-
-
8 814
surtax
-
-
-
-
social contributions

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

-
-
-
33 534
total
-
-
-
42 348
Employee
46 196
-
77 980
-
social contributions
5 082
-
8 577
-
surtax
-
-
-
-
income
9 609
-
19 945
-
total
14 691
-
28 522
-
Employer
46 196
-
77 980
-
social contributions
10 972
-
18 520
-
total
10 972
-
18 520
-
Corporate
39 332
96 500
-
-
surtax
-
-
-
-
income
8 259
20 266
-
-
total
8 259
20 266
-
-
Dividends
31 073
76 234
-
-
withholding
8 701
21 346
-
-
total
8 701
21 346
-
-
Income
96 500
96 500
96 500
96 500
Total tax
42 623
41 612
47 042
42 348
After tax
53 877
54 888
49 458
54 152
Living cost
31 506
31 506
31 506
31 506
Free-cash
22 371
23 382
17 952
22 646

Estimated living cost  is ₽31506 per week

₽23573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1858
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽123
₽7027
₽7168
₽6371
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
8 632
pensions
-
-
-
24 873
other
-
-
-
2 994
health
-
-
-
1 569
surtax
-
-
-
-
social contributions
-
-
-
2 751
total
-
-
-
40 819
Employee
62 910
-
73 533
-
social contributions
1 792
-
2 097
-
surtax
-
-
-
-
income
5 489
-
8 241
-
pensions
7 115
-
8 316
-
total
14 396
-
18 654
-
Employer
62 910
-
73 533
-
other
2 171
-
2 537
-
social contributions
189
-
221
-
unemployment
2 548
-
2 977
-
pensions
10 337
-
12 081
-
health
4 403
-
5 146
-
total
19 648
-
22 962
-
Corporate
13 942
96 500
-
-
surtax
-
-
-
-
income
3 904
27 021
-
-
total
3 904
27 021
-
-
Dividends
10 038
69 479
-
-
surtax
-
-
-
-
social contributions
1 727
11 949
-
-
withholding
1 285
8 894
-
-
total
3 012
20 843
-
-
Income
96 500
96 500
96 500
96 500
Total tax
40 960
47 864
41 616
40 819
After tax
55 540
48 636
54 884
55 681
Living cost
48 513
48 513
48 513
48 513
Free-cash
7 027
123
6 371
7 168

Estimated living cost  is ₽48513 per week

₽32833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56656
₽53283
₽43602
₽46215
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
1 475
social contributions
-
-
-
21 230
total
-
-
-
22 705
Employee
32 292
-
83 550
-
income
-
-
1 712
-
social contributions
2 099
-
5 430
-
total
2 099
-
7 142
-
Employer
32 292
-
83 550
-
social contributions
5 005
-
12 950
-
total
5 005
-
12 950
-
Corporate
59 203
96 500
-
-
income
5 920
9 651
-
-
total
5 920
9 651
-
-
Dividends
53 283
86 849
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
13 024
9 651
20 092
22 705
After tax
83 476
86 849
76 408
73 795
Living cost
30 193
30 193
30 193
30 193
Free-cash
53 283
56 656
46 215
43 602

Estimated living cost  is ₽30193 per week

₽19522
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽122345
-₽122345
₽11718
-₽122345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
17 713
pensions
-
-
-
871
national
-
-
-
10 174
labour market
-
-
-
7 650
total
-
-
-
36 408
Employee
204 176
204 176
204 176
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 176
204 176
204 176
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
96 500
96 500
96 500
96 500
Total tax
170 471
170 471
170 471
36 408
After tax
-73 971
-73 971
-73 971
60 092
Living cost
48 374
48 374
48 374
48 374
Free-cash
-122 345
-122 345
-122 345
11 718

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13903
₽4486
₽44538
₽27887
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
253
income
-
-
-
23 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 243
Employee
34 165
-
82 079
-
health
3 912
-
9 398
-
income
4 687
-
15 430
-
pensions
3 847
-
7 645
-
total
12 446
-
32 473
-
Employer
34 165
-
82 079
-
accident
570
-
1 371
-
unemployment
837
-
2 011
-
pensions
5 555
-
11 039
-
total
6 962
-
14 421
-
Corporate
55 372
96 500
-
-
income

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

49 835
86 850
-
-
total
49 835
86 850
-
-
Dividends
5 537
9 650
-
-
withholding
1 052
1 834
-
-
total
1 052
1 834
-
-
Income
96 500
96 500
96 500
96 500
Total tax
70 295
88 684
46 894
30 243
After tax
26 205
7 816
49 606
66 257
Living cost
21 719
21 719
21 719
21 719
Free-cash
4 486
-13 903
27 887
44 538

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25901
₽23309
₽30404
₽16802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
96 500
municipal
-
-
-
17 178
health
-
-
-
1 067
national
-
-
-
9 288
total
-
-
-
27 533
Employee
52 845
-
81 181
-
health
395
-
831
-
municipal
8 656
-
13 257
-
pensions
3 566
-
5 480
-
unemployment
793
-
1 218
-
national
873
-
5 030
-
total
14 283
-
25 816
-
Employer
52 845
-
81 181
-
accident
53
-
82
-
unemployment
343
-
528
-
pensions
9 168
-
14 084
-
health
406
-
625
-
total
9 970
-
15 319
-
Corporate
33 684
96 500
-
-
income
6 736
19 299
-
-
total
6 736
19 299
-
-
Dividends

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

20 211
57 901
-
-
national
-
2 314
-
-
municipal
3 639
10 423
-
-
total
3 639
12 737
-
-
Income
96 500
96 500
96 500
96 500
Total tax
34 628
32 036
41 135
27 533
After tax
61 872
64 464
55 365
68 967
Living cost
38 563
38 563
38 563
38 563
Free-cash
23 309
25 901
16 802
30 404

Estimated living cost  is ₽38563 per week

₽25189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47404
₽41939
₽45740
₽45642
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
9 990
health
-
-
-
2 461
social contributions
-
-
-
15 054
total
-
-
-
27 505
Employee
77 236
77 236
87 608
-
social contributions
2 920
6 410
7 272
-
health
599
1 313
1 489
-
income
8 410
7 150
9 950
-
total
11 929
14 873
18 711
-
Employer
77 236
77 236
87 608
-
social contributions
2 920
6 410
7 272
-
health
650
1 430
1 620
-
total
3 570
7 840
8 892
-
Corporate
57 746
11 424
-
-
income
7 218
1 428
-
-
total
7 218
1 428
-
-
Dividends
50 528
9 996
-
-
withholding
8 589
1 700
-
-
total
8 589
1 700
-
-
Income
96 500
96 500
96 500
96 500
Total tax
31 306
25 841
27 603
27 505
After tax
65 194
70 659
68 897
68 995
Living cost
23 255
23 255
23 255
23 255
Free-cash
41 939
47 404
45 642
45 740

Estimated living cost  is ₽23255 per week

₽13937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
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.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63966
₽58855
₽61347
₽43588
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
96 500
income
-
-
-
9 153
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
19 206
Employee

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

23 055
-
87 490
-
health
1 959
-
7 436
-
income
1 576
-
6 959
-
pensions
3 458
-
13 124
-
unemployment
114
-
436
-
total
7 107
-
27 955
-
Employer

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

23 055
-
87 490
-
unemployment
114
-
436
-
pensions
1 268
-
4 811
-
health
991
-
3 763
-
total
2 373
-
9 010
-
Corporate
71 072
96 500
-
-
income
6 397
8 684
-
-
total
6 397
8 684
-
-
Dividends
64 675
87 816
-
-
withholding
5 821
7 903
-
-
total
5 821
7 903
-
-
Income
96 500
96 500
96 500
96 500
Total tax
21 698
16 587
36 965
19 206
After tax
74 802
79 913
59 535
77 294
Living cost
15 947
15 947
15 947
15 947
Free-cash
58 855
63 966
43 588
61 347

Estimated living cost  is ₽15947 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
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.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37407
₽32139
₽23772
₽23745
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
839
income
-
-
-
17 177
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 107
Employee
37 140
-
73 173
-
other
36
-
72
-
income
7 160
-
17 162
-
pensions
1 746
-
3 439
-
unemployment
576
-
1 134
-
total
9 518
-
21 807
-
Employer
37 140
-
73 173
-
accident
736
-
1 449
-
other
297
-
585
-
unemployment
2 043
-
4 024
-
pensions
8 764
-
17 269
-
total
11 840
-
23 327
-
Corporate
47 519
96 500
-
-
income

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

7 129
14 475
-
-
total
7 129
14 475
-
-
Dividends
40 391
82 025
-
-
withholding
8 253
16 997
-
-
total
8 253
16 997
-
-
Income
96 500
96 500
96 500
96 500
Total tax
36 740
31 472
45 134
45 107
After tax
59 760
65 028
51 366
51 393
Living cost
27 621
27 621
27 621
27 621
Free-cash
32 139
37 407
23 745
23 772

Estimated living cost  is ₽27621 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
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.
₽5838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57466
₽57015
₽58360
₽58164
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
31 929
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
35 390
Employee
4 189
-
94 243
-
health
209
-
502
-
income
810
-
31 824
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
33 329
-
Employer
4 189
-
94 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
91 368
96 500
-
-
income
20 101
21 230
-
-
total
20 101
21 230
-
-
Dividends
71 267
75 270
-
-
withholding
14 253
15 054
-
-
total
14 253
15 054
-
-
Income
96 500
96 500
96 500
96 500
Total tax
36 735
36 284
35 586
35 390
After tax
59 765
60 216
60 914
61 110
Living cost
2 750
2 750
2 750
2 750
Free-cash
57 015
57 466
58 164
58 360

Estimated living cost  is ₽2750 per week

₽1635
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.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽52351
₽47411
₽33207
₽33205
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
income
-
-
-
17 866
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
45 923
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.

26 193
-
83 213
-
health
1 349
-
3 823
-
income
3 610
-
17 866
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
32 638
-
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.

26 193
-
83 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
65 619
96 500
-
-
income
9 843
14 475
-
-
total
9 843
14 475
-
-
Dividends
55 776
82 025
-
-
withholding
8 366
12 304
-
-
total
8 366
12 304
-
-
Income
96 500
96 500
96 500
96 500
Total tax
31 719
26 779
45 925
45 923
After tax
64 781
69 721
50 575
50 577
Living cost
17 370
17 370
17 370
17 370
Free-cash
47 411
52 351
33 205
33 207

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27809
₽27448
₽27073
₽22379
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
income
-
-
-
8 814
surtax
-
-
-
-
social contributions

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

-
-
-
33 534
total
-
-
-
42 348
Employee
38 984
-
77 980
-
social contributions
4 289
-
8 577
-
surtax
-
-
-
-
income
7 617
-
19 945
-
total
11 906
-
28 522
-
Employer
38 984
-
77 980
-
social contributions
9 258
-
18 520
-
total
9 258
-
18 520
-
Corporate
48 258
96 500
-
-
surtax
-
-
-
-
income
10 135
20 266
-
-
total
10 135
20 266
-
-
Dividends
38 123
76 234
-
-
withholding
10 674
21 346
-
-
total
10 674
21 346
-
-
Income
96 500
96 500
96 500
96 500
Total tax
41 973
41 612
47 042
42 348
After tax
54 527
54 888
49 458
54 152
Living cost
27 079
27 079
27 079
27 079
Free-cash
27 448
27 809
22 379
27 073

Estimated living cost  is ₽27079 per week

₽19179
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29728
₽22067
₽16093
₽16066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
839
income
-
-
-
17 177
pensions
-
-
-
26 346
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 107
Employee
48 510
-
73 173
-
other
48
-
72
-
income
10 132
-
17 162
-
pensions
2 280
-
3 439
-
unemployment
751
-
1 134
-
total
13 211
-
21 807
-
Employer
48 510
-
73 173
-
accident
961
-
1 449
-
other
389
-
585
-
unemployment
2 669
-
4 024
-
pensions
11 448
-
17 269
-
total
15 467
-
23 327
-
Corporate
32 524
96 500
-
-
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.

4 878
14 475
-
-
total
4 878
14 475
-
-
Dividends
27 647
82 025
-
-
withholding
5 577
16 997
-
-
total
5 577
16 997
-
-
Income
96 500
96 500
96 500
96 500
Total tax
39 133
31 472
45 134
45 107
After tax
57 367
65 028
51 366
51 393
Living cost
35 300
35 300
35 300
35 300
Free-cash
22 067
29 728
16 066
16 093

Estimated living cost  is ₽35300 per week

₽25351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65232
₽59112
₽55383
₽58299
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
14 475
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
23 841
Employee
22 876
-
89 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
8 962
-
pensions

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

2 008
-
3 080
-
total
5 599
-
14 042
-
Employer
22 876
-
89 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
69 135
96 500
-
-
income
6 914
9 650
-
-
total
6 914
9 650
-
-
Dividends
62 222
86 850
-
-
withholding
3 111
4 342
-
-
total
3 111
4 342
-
-
Income
96 500
96 500
96 500
96 500
Total tax
20 112
13 992
20 925
23 841
After tax
76 388
82 508
75 575
72 659
Living cost
17 276
17 276
17 276
17 276
Free-cash
59 112
65 232
58 299
55 383

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11014
₽24157
₽23248
₽30394
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
trade
-
-
-
7 146
income

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

-
-
-
19 398
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.

-
-
-
6 862
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.

-
-
-
1 067
total
-
-
-
34 473
Employee

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

49 977
-
96 500
-
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.

6 862
-
6 862
-
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.

227
-
1 067
-
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.

4 110
-
19 398
-
total
11 199
-
27 327
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 523
96 500
-
-
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.

383
797
-
-
income
6 978
14 475
-
-
trade
6 675
13 848
-
-
chamber of commerce
221
294
-
-
total
14 257
29 414
-
-
Dividends
32 265
67 087
-
-
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.

423
902
-
-
withholding
7 685
16 391
-
-
total
8 108
17 293
-
-
Income
96 500
96 500
96 500
96 500
Total tax
33 564
46 707
27 327
34 473
After tax
62 936
49 793
69 173
62 027
Living cost
38 779
38 779
38 779
38 779
Free-cash
24 157
11 014
30 394
23 248

Estimated living cost  is ₽38779 per week

₽26750
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10333
₽12551
₽8786
₽8786
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
21 998
social contributions
-
-
-
8 499
total
-
-
-
30 497
Employee
78 569
-
96 500
-
income
14 826
-
21 998
-
social contributions
6 527
-
8 499
-
total
21 353
-
30 497
-
Employer
78 569
-
96 500
-
total
-
-
-
-
Corporate
17 931
96 500
-
-
income
2 242
12 062
-
-
total
2 242
12 062
-
-
Dividends
15 689
84 438
-
-
withholding
3 137
16 888
-
-
total
3 137
16 888
-
-
Income
96 500
96 500
96 500
96 500
Total tax
26 732
28 950
30 497
30 497
After tax
69 768
67 550
66 003
66 003
Living cost
57 217
57 217
57 217
57 217
Free-cash
12 551
10 333
8 786
8 786

Estimated living cost  is ₽57217 per week

₽43530
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8478
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20958
₽25307
₽24717
₽34349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
income
-
-
-
28 592
health

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

-
-
-
6 730
total
-
-
-
35 322
Employee
46 078
-
91 880
-
income
5 000
-
16 450
-
social contributions
4 617
-
4 620
-
total
9 617
-
21 070
-
Employer
46 078
-
91 880
-
social contributions
4 617
-
4 620
-
total
4 617
-
4 620
-
Corporate
45 806
96 500
-
-
income
16 032
33 774
-
-
total
16 032
33 774
-
-
Dividends
29 774
62 726
-
-
social contributions
4 466
5 307
-
-
total
4 466
5 307
-
-
Income
96 500
96 500
96 500
96 500
Total tax
34 732
39 081
25 690
35 322
After tax
61 768
57 419
70 810
61 178
Living cost
36 461
36 461
36 461
36 461
Free-cash
25 307
20 958
34 349
24 717

Estimated living cost  is ₽36461 per week

₽24017
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34552
₽29374
₽32999
₽23297
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
income
-
-
-
19 224
pensions
-
-
-
7 009
total
-
-
-
26 233
Employee
51 155
-
85 041
-
health
667
-
1 361
-
income
9 316
-
15 143
-
pensions
3 904
-
7 972
-
total
13 887
-
24 476
-
Employer
51 155
-
85 041
-
pensions
5 168
-
9 844
-
health
972
-
1 615
-
total
6 140
-
11 459
-
Corporate
39 204
96 500
-
-
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.

7 449
18 335
-
-
total
7 449
18 335
-
-
Dividends
31 756
78 165
-
-
withholding
2 382
6 345
-
-
total
2 382
6 345
-
-
Income
96 500
96 500
96 500
96 500
Total tax
29 858
24 680
35 935
26 233
After tax
66 642
71 820
60 565
70 267
Living cost
37 268
37 268
37 268
37 268
Free-cash
29 374
34 552
23 297
32 999

Estimated living cost  is ₽37268 per week

₽25565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7807
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16053
₽4155
₽42388
₽25737
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
accident
-
-
-
253
income
-
-
-
23 265
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 243
Employee
37 547
-
82 079
-
health
4 299
-
9 398
-
income
5 151
-
15 430
-
pensions
4 228
-
7 645
-
total
13 678
-
32 473
-
Employer
37 547
-
82 079
-
accident
627
-
1 371
-
unemployment
920
-
2 011
-
pensions
6 105
-
11 039
-
total
7 652
-
14 421
-
Corporate
51 302
96 500
-
-
income

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

46 171
86 850
-
-
total
46 171
86 850
-
-
Dividends
5 130
9 650
-
-
withholding
975
1 834
-
-
total
975
1 834
-
-
Income
96 500
96 500
96 500
96 500
Total tax
68 476
88 684
46 894
30 243
After tax
28 024
7 816
49 606
66 257
Living cost
23 869
23 869
23 869
23 869
Free-cash
4 155
-16 053
25 737
42 388

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
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.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67639
₽63575
₽41703
₽46154
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
96 500
work injury
-
-
-
482
health insurance
-
-
-
7 141
income
-
-
-
14 694
pensions
-
-
-
17 756
unemployment
-
-
-
1 158
total
-
-
-
41 231
Employee

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

21 706
-
96 500
-
work injury
109
-
402
-
income
2 171
-
14 694
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
36 780
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
74 794
96 500
-
-
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%.

-
965
-
-
total
-
965
-
-
Dividends
74 794
95 535
-
-
withholding
11 219
14 330
-
-
total
11 219
14 330
-
-
Income
96 500
96 500
96 500
96 500
Total tax
19 359
15 295
36 780
41 231
After tax
77 141
81 205
59 720
55 269
Living cost
13 566
13 566
13 566
13 566
Free-cash
63 575
67 639
46 154
41 703

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10816
₽6246
₽8907
₽4494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
96 500
municipal
-
-
-
644
regional
-
-
-
1 892
national
-
-
-
20 224
social contributions
-
-
-
24 819
total
-
-
-
47 579
Employee
84 640
-
96 500
-
social contributions
28 540
-
32 539
-
regional
1 278
-
1 587
-
municipal
505
-
576
-
national
14 303
-
17 290
-
total
44 626
-
51 992
-
Employer
84 640
-
96 500
-
total
-
-
-
-
Corporate
11 860
96 500
-
-
nationa
2 846
23 159
-
-
municipal
572
4 651
-
-
total
3 418
27 810
-
-
Dividends
8 442
68 690
-
-
withholding
2 196
17 860
-
-
total
2 196
17 860
-
-
Income
96 500
96 500
96 500
96 500
Total tax
50 240
45 670
51 992
47 579
After tax
46 260
50 830
44 508
48 921
Living cost
40 014
40 014
40 014
40 014
Free-cash
6 246
10 816
4 494
8 907

Estimated living cost  is ₽40014 per week

₽28107
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2752
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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