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
₽ 97500
per

Your estimated
City
free-cash

Dresden , Germany
₽31396
₽39431
₽30080
₽19022
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
trade
-
-
-
8 035
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.

-
-
-
6 830
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.

-
-
-
19 863
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.

-
-
-
1 093
total
-
-
-
35 821
Employee

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

38 240
-
97 500
-
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.

59
-
1 093
-
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.

1 068
-
19 863
-
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.

6 830
-
6 830
-
total
7 957
-
27 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
59 260
97 500
-
-
trade
9 333
15 357
-
-
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.

489
804
-
-
income
8 889
14 624
-
-
chamber of commerce
237
292
-
-
total
18 948
31 077
-
-
Dividends
40 312
66 423
-
-
surtax

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

533
892
-
-
withholding
9 699
16 226
-
-
total
10 232
17 118
-
-
Income
97 500
97 500
97 500
97 500
Total tax
37 137
48 195
27 786
35 821
After tax
60 363
49 305
69 714
61 679
Living cost
30 283
30 283
30 283
30 283
Free-cash
30 080
19 022
39 431
31 396

Estimated living cost  is ₽30283 per week

₽19049
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8476
₽9241
₽9552
₽10391
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
1 048
municipal
-
-
-
10 130
national
-
-
-
15 697
pensions
-
-
-
11 700
total
-
-
-
38 575
Employee
78 206
-
84 288
-
pensions
3 128
-
3 372
-
national
14 969
-
16 282
-
municipal
9 660
-
10 507
-
total
27 757
-
30 161
-
Employer
78 206
-
84 288
-
pensions
6 256
-
6 743
-
social contributions
841
-
906
-
total
7 097
-
7 649
-
Corporate
7 036
97 500
-
-
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%.

1 407
19 500
-
-
total
1 407
19 500
-
-
Dividends
5 628
78 000
-
-
withholding
1 238
17 160
-
-
total
1 238
17 160
-
-
Income
97 500
97 500
97 500
97 500
Total tax
37 499
36 660
37 810
38 575
After tax
60 001
60 840
59 690
58 925
Living cost
50 449
50 449
50 449
50 449
Free-cash
9 552
10 391
9 241
8 476

Estimated living cost  is ₽50449 per week

₽34290
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31276
₽34186
₽49000
₽57200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
social contributions

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

-
-
-
31 347
income
-
-
-
14 077
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
45 424
Employee
29 214
-
78 573
-
income
5 200
-
14 945
-
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.

3 214
-
8 642
-
surtax
-
-
-
-
total
8 414
-
23 587
-
Employer
29 214
-
78 573
-
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.

7 037
-
18 927
-
surtax
-
-
-
-
total
7 037
-
18 927
-
Corporate
61 249
97 500
-
-
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%.

12 249
19 500
-
-
total
12 249
19 500
-
-
Dividends

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

49 000
78 000
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
27 700
19 500
42 514
45 424
After tax
69 800
78 000
54 986
52 076
Living cost
20 800
20 800
20 800
20 800
Free-cash
49 000
57 200
34 186
31 276

Estimated living cost  is ₽20800 per week

₽13270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
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.
₽5077
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13474
-₽1781
-₽1781
₽3831
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
health
-
-
-
11 837
income
-
-
-
18 593
pensions
-
-
-
11 714
total
-
-
-
42 144
Employee
85 378
85 378
85 378
-
income

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

13 975
13 975
13 975
-
pensions
15 368
11 714
15 368
-
health
13 105
11 147
13 105
-
total
42 448
36 836
42 448
-
Employer
85 378
85 378
85 378
-
pensions
5 942
5 942
5 942
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 951
14 951
14 951
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
57 399
51 787
57 399
42 144
After tax
40 101
45 713
40 101
55 356
Living cost
41 882
41 882
41 882
41 882
Free-cash
-1 781
3 831
-1 781
13 474

Estimated living cost  is ₽41882 per week

₽29681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7760
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12838
₽13612
₽13917
₽14781
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
9 793
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
21 794
health
-
-
-
5 259
national
-
-
-
-
pensions
-
-
-
9 110
total
-
-
-
46 208
Employee
54 793
-
74 190
-
national
-
-
-
-
municipal
16 339
-
22 123
-
total
16 339
-
22 123
-
Employer
54 793
-
74 190
-
pensions
5 923
-
8 020
-
other
6 367
-
8 621
-
accident
110
-
148
-
health
3 370
-
4 563
-
unemployment
1 447
-
1 959
-
total
17 217
-
23 311
-
Corporate
25 491
97 500
-
-
income
5 608
21 450
-
-
total
5 608
21 450
-
-
Dividends
19 883
76 050
-
-
withholding
5 965
22 815
-
-
total
5 965
22 815
-
-
Income
97 500
97 500
97 500
97 500
Total tax
45 129
44 265
45 434
46 208
After tax
52 371
53 235
52 066
51 292
Living cost
38 454
38 454
38 454
38 454
Free-cash
13 917
14 781
13 612
12 838

Estimated living cost  is ₽38454 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22046
₽30438
₽23574
₽9529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
trade
-
-
-
8 392
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.

-
-
-
6 830
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.

-
-
-
19 863
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.

-
-
-
1 093
total
-
-
-
36 178
Employee

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

50 701
-
97 500
-
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.

239
-
1 093
-
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.

4 356
-
19 863
-
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.

6 830
-
6 830
-
total
11 425
-
27 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
46 799
97 500
-
-
trade
7 699
16 040
-
-
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.

387
804
-
-
income
7 020
14 624
-
-
chamber of commerce
218
290
-
-
total
15 324
31 758
-
-
Dividends
31 475
65 741
-
-
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.

412
882
-
-
withholding
7 489
16 055
-
-
total
7 901
16 937
-
-
Income
97 500
97 500
97 500
97 500
Total tax
34 650
48 695
27 786
36 178
After tax
62 850
48 805
69 714
61 322
Living cost
39 276
39 276
39 276
39 276
Free-cash
23 574
9 529
30 438
22 046

Estimated living cost  is ₽39276 per week

₽26268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8280
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37076
₽36979
₽34807
₽38955
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
15 211
health
-
-
-
2 485
income
-
-
-
10 300
total
-
-
-
27 996
Employee
76 879
76 879
88 516
-
income
8 073
7 117
10 259
-
social contributions
3 736
6 381
7 346
-
health
765
1 307
1 505
-
total
12 574
14 805
19 110
-
Employer
76 879
76 879
88 516
-
health
833
1 423
1 637
-
social contributions
3 736
6 381
7 346
-
total
4 569
7 804
8 983
-
Corporate
47 930
12 818
-
-
income
5 992
1 601
-
-
total
5 992
1 601
-
-
Dividends
41 938
11 216
-
-
withholding
7 130
1 907
-
-
total
7 130
1 907
-
-
Income
97 500
97 500
97 500
97 500
Total tax
30 265
26 117
28 093
27 996
After tax
67 235
71 383
69 407
69 504
Living cost
32 428
32 428
32 428
32 428
Free-cash
34 807
38 955
36 979
37 076

Estimated living cost  is ₽32428 per week

₽22168
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49309
₽38287
₽37081
₽36702
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
unemployment
-
-
-
1 462
health
-
-
-
6 825
income
-
-
-
11 919
pensions
-
-
-
9 750
total
-
-
-
29 956
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.

26 323
10 476
81 590
-
income
3 218
1 281
9 974
-
pensions
2 632
1 048
8 159
-
unemployment
395
157
1 224
-
health
1 843
733
5 711
-
total
8 088
3 219
25 068
-
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.

26 323
10 476
81 590
-
pensions
5 133
2 043
15 910
-
total
5 133
2 043
15 910
-
Corporate
66 044
84 981
-
-
income
5 944
7 648
-
-
total
5 944
7 648
-
-
Dividends
60 100
77 333
-
-
social contributions
11 600
14 960
-
-
withholding
11 419
14 693
-
-
total
23 019
29 653
-
-
Income
97 500
97 500
97 500
97 500
Total tax
42 184
42 563
40 978
29 956
After tax
55 316
54 937
56 522
67 544
Living cost
18 235
18 235
18 235
18 235
Free-cash
37 081
36 702
38 287
49 309

Estimated living cost  is ₽18235 per week

₽12444
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.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28110
₽32050
₽47642
₽53852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
health
-
-
-
12 676
income
-
-
-
13 065
pensions
-
-
-
19 500
total
-
-
-
45 241
Employee
28 362
-
72 871
-
income
3 193
-
14 049
-
pensions
567
-
1 457
-
unemployment
453
-
1 167
-
total
4 213
-
16 673
-
Employer
28 362
-
72 871
-
pensions
5 673
-
14 573
-
health
3 686
-
9 473
-
unemployment
228
-
582
-
total
9 587
-
24 628
-
Corporate
59 551
97 500
-
-
income
11 909
19 500
-
-
total
11 909
19 500
-
-
Dividends
47 641
78 000
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
25 709
19 500
41 301
45 241
After tax
71 791
78 000
56 199
52 259
Living cost
24 148
24 148
24 148
24 148
Free-cash
47 642
53 852
32 050
28 110

Estimated living cost  is ₽24148 per week

₽16563
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45018
₽28307
₽4537
-₽14016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
23 630
pensions
-
-
-
4 145
total
-
-
-
30 568
Employee
34 472
-
83 102
-
income
4 729
-
15 766
-
pensions
3 882
-
7 600
-
health
3 947
-
9 515
-
total
12 558
-
32 881
-
Employer
34 472
-
83 102
-
pensions
5 605
-
10 974
-
accident
575
-
1 388
-
unemployment
845
-
2 036
-
total
7 025
-
14 398
-
Corporate
56 003
97 500
-
-
income

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

50 402
87 750
-
-
total
50 402
87 750
-
-
Dividends
5 600
9 750
-
-
withholding
1 064
1 852
-
-
total
1 064
1 852
-
-
Income
97 500
97 500
97 500
97 500
Total tax
71 049
89 602
47 279
30 568
After tax
26 451
7 898
50 221
66 932
Living cost
21 914
21 914
21 914
21 914
Free-cash
4 537
-14 016
28 307
45 018

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽87514
₽68989
₽81925
₽83614
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
97 500
microenterprise

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

-
-
-
975
total
-
-
-
975
Employee
11 263
-
97 500
-
income
2 252
-
19 500
-
total
2 252
-
19 500
-
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%.

86 237
97 500
-
-
total
-
-
-
-
Dividends
86 237
97 500
-
-
withholding
4 312
4 875
-
-
total
4 312
4 875
-
-
Income
97 500
97 500
97 500
97 500
Total tax
6 564
4 875
19 500
975
After tax
90 936
92 625
78 000
96 525
Living cost
9 011
9 011
9 011
9 011
Free-cash
81 925
83 614
68 989
87 514

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26156
₽30509
₽38244
₽44993
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
4 631
health
-
-
-
4 290
income
-
-
-
12 384
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.

-
-
-
23 399
total
-
-
-
44 704
Employee
36 301
-
77 876
-
income
6 250
-
13 408
-
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.

2 540
-
5 451
-
unemployment
362
-
778
-
health
508
-
1 091
-
total
9 660
-
20 728
-
Employer
36 301
-
77 876
-
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.

6 172
-
13 237
-
other
1 816
-
3 895
-
accident
290
-
622
-
health
508
-
1 091
-
unemployment
362
-
778
-
total
9 148
-
19 623
-
Corporate
52 050
97 500
-
-
income
10 930
20 475
-
-
total
10 930
20 475
-
-
Dividends
41 120
77 025
-
-
withholding
2 878
5 392
-
-
total
2 878
5 392
-
-
Income
97 500
97 500
97 500
97 500
Total tax
32 616
25 867
40 351
44 704
After tax
64 884
71 633
57 149
52 796
Living cost
26 640
26 640
26 640
26 640
Free-cash
38 244
44 993
30 509
26 156

Estimated living cost  is ₽26640 per week

₽18823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3589
-₽6097
-₽10715
₽5147
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
income
-
-
-
19 550
pensions
-
-
-
7 095
total
-
-
-
26 645
Employee
95 171
-
85 909
-
income
17 156
-
15 293
-
pensions
9 181
-
8 069
-
health
1 568
-
1 378
-
total
27 905
-
24 740
-
Employer
95 171
-
85 909
-
pensions
11 237
-
9 959
-
health
1 807
-
1 632
-
total
13 044
-
11 591
-
Corporate
-
97 500
-
-
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.

-
18 525
-
-
total
-
18 525
-
-
Dividends
-
78 975
-
-
withholding
-
6 562
-
-
total
-
6 562
-
-
Income
97 500
97 500
97 500
97 500
Total tax
40 949
25 087
36 331
26 645
After tax
56 551
72 413
61 169
70 855
Living cost
67 266
67 266
67 266
67 266
Free-cash
-10 715
5 147
-6 097
3 589

Estimated living cost  is ₽67266 per week

₽50404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7903
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.
₽8413
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽60437
₽63414
₽65607
₽70251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
14 625
pensions

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

-
-
-
5 170
total
-
-
-
23 952
Employee
17 361
-
90 647
-
income
1 736
-
9 064
-
pensions

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

1 524
-
3 067
-
health
799
-
1 607
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 250
-
14 122
-
Employer
17 361
-
90 647
-
pensions

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

1 913
-
3 849
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 410
-
unemployment
104
-
210
-
total
3 406
-
6 853
-
Corporate
76 732
97 500
-
-
income
7 673
9 750
-
-
total
7 673
9 750
-
-
Dividends
69 059
87 750
-
-
withholding
3 453
4 388
-
-
total
3 453
4 388
-
-
Income
97 500
97 500
97 500
97 500
Total tax
18 782
14 138
20 975
23 952
After tax
78 718
83 362
76 525
73 548
Living cost
13 111
13 111
13 111
13 111
Free-cash
65 607
70 251
63 414
60 437

Estimated living cost  is ₽13111 per week

₽7655
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4173
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽84
-₽15339
-₽11422
-₽9727
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
health
-
-
-
11 837
income
-
-
-
18 593
pensions
-
-
-
11 714
total
-
-
-
42 144
Employee
92 693
85 378
85 378
-
income

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

13 975
13 975
13 975
-
pensions
11 714
11 714
15 368
-
health
11 564
11 147
13 105
-
total
37 253
36 836
42 448
-
Employer
92 693
85 378
85 378
-
pensions
6 451
5 942
5 942
-
health
6 441
5 935
5 935
-
unemployment
3 337
3 074
3 074
-
total
16 229
14 951
14 951
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
53 482
51 787
57 399
42 144
After tax
44 018
45 713
40 101
55 356
Living cost
55 440
55 440
55 440
55 440
Free-cash
-11 422
-9 727
-15 339
-84

Estimated living cost  is ₽55440 per week

₽40896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23474
₽25465
₽34550
₽43116
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
28 470
health
-
-
-
13 163
income
-
-
-
8 380
solidarity contribution
-
-
-
-
total
-
-
-
50 013
Employee
35 313
-
72 761
-
income
4 238
-
8 731
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
4 729
-
health
4 767
-
9 823
-
total
11 300
-
23 283
-
Employer
35 313
-
72 761
-
health
3 178
-
6 549
-
social contributions
8 828
-
18 190
-
total
12 006
-
24 739
-
Corporate
50 180
97 500
-
-
income
9 534
18 525
-
-
total
9 534
18 525
-
-
Dividends
40 646
78 975
-
-
withholding
6 097
11 846
-
-
total
6 097
11 846
-
-
Income
97 500
97 500
97 500
97 500
Total tax
38 937
30 371
48 022
50 013
After tax
58 563
67 129
49 478
47 487
Living cost
24 013
24 013
24 013
24 013
Free-cash
34 550
43 116
25 465
23 474

Estimated living cost  is ₽24013 per week

₽16680
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
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.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8048
₽3409
₽4612
₽9834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
25 076
municipal
-
-
-
579
national
-
-
-
20 538
regional
-
-
-
1 072
total
-
-
-
47 265
Employee
88 855
-
97 500
-
national
15 396
-
17 575
-
social contributions
29 962
-
32 876
-
municipal
471
-
516
-
regional
838
-
937
-
total
46 667
-
51 904
-
Employer
88 855
-
97 500
-
total
-
-
-
-
Corporate
8 645
97 500
-
-
nationa
2 076
23 399
-
-
municipal
338
3 802
-
-
total
2 414
27 201
-
-
Dividends
6 232
70 299
-
-
withholding
1 620
18 278
-
-
total
1 620
18 278
-
-
Income
97 500
97 500
97 500
97 500
Total tax
50 701
45 479
51 904
47 265
After tax
46 799
52 021
45 596
50 235
Living cost
42 187
42 187
42 187
42 187
Free-cash
4 612
9 834
3 409
8 048

Estimated living cost  is ₽42187 per week

₽29408
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28353
₽26467
₽36153
₽39266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 923
income
-
-
-
18 246
surtax
-
-
-
2 188
pensions
-
-
-
19 500
total
-
-
-
47 085
Employee
33 062
-
80 546
-
income
5 542
-
17 011
-
pensions
2 205
-
5 373
-
unemployment
2 301
-
5 606
-
health
844
-
2 055
-
other
-
-
-
-
surtax
108
-
1 971
-
total
11 000
-
32 016
-
Employer
33 062
-
80 546
-
pensions
4 407
-
10 737
-
other
-
-
-
-
health
1 505
-
3 664
-
unemployment
1 047
-
2 554
-
total
6 959
-
16 955
-
Corporate
57 478
97 500
-
-
income
14 945
25 350
-
-
total
14 945
25 350
-
-
Dividends
42 534
72 150
-
-
withholding
6 381
10 822
-
-
total
6 381
10 822
-
-
Income
97 500
97 500
97 500
97 500
Total tax
39 285
36 172
48 971
47 085
After tax
58 215
61 328
48 529
50 415
Living cost
22 062
22 062
22 062
22 062
Free-cash
36 153
39 266
26 467
28 353

Estimated living cost  is ₽22062 per week

₽13490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24901
₽15215
₽19184
₽26459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
income
-
-
-
19 550
pensions
-
-
-
7 095
total
-
-
-
26 645
Employee
63 781
-
85 909
-
income
11 487
-
15 293
-
pensions
5 414
-
8 069
-
health
926
-
1 378
-
total
17 827
-
24 740
-
Employer
63 781
-
85 909
-
pensions
6 904
-
9 959
-
health
1 212
-
1 632
-
total
8 116
-
11 591
-
Corporate
25 603
97 500
-
-
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.

4 864
18 525
-
-
total
4 864
18 525
-
-
Dividends
20 739
78 975
-
-
withholding
1 555
6 562
-
-
total
1 555
6 562
-
-
Income
97 500
97 500
97 500
97 500
Total tax
32 362
25 087
36 331
26 645
After tax
65 138
72 413
61 169
70 855
Living cost
45 954
45 954
45 954
45 954
Free-cash
19 184
26 459
15 215
24 901

Estimated living cost  is ₽45954 per week

₽34429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
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.
₽7600
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5852
₽948
₽634
-₽30989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other

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

-
-
-
1 951
health
-
-
-
247
city
-
-
-
1 027
national
-
-
-
580
regional
-
-
-
3 300
pensions
-
-
-
8 969
total
-
-
-
16 074
Employee
88 441
-
87 267
-
pensions
7 430
-
7 331
-
national
419
-
409
-
unemployment
-
-
-
-
city
949
-
938
-
health
200
-
196
-
regional
2 896
-
2 832
-
total
11 894
-
11 706
-
Employer
88 441
-
87 267
-
pensions
7 430
-
7 331
-
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.

1 768
-
1 745
-
health
200
-
196
-
unemployment
-
-
-
-
total
9 398
-
9 272
-
Corporate
-
97 500
-
-
regional
-
20 621
-
-
national
-
8 288
-
-
total
-
28 909
-
-
Dividends
-
68 591
-
-
withholding
-
24 006
-
-
total
-
24 006
-
-
Income
97 500
97 500
97 500
97 500
Total tax
21 292
52 915
20 978
16 074
After tax
76 208
44 585
76 522
81 426
Living cost
75 574
75 574
75 574
75 574
Free-cash
634
-30 989
948
5 852

Estimated living cost  is ₽75574 per week

₽49145
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18719
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽15163
₽23913
₽18713
₽2501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
trade
-
-
-
8 750
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.

-
-
-
6 830
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.

-
-
-
19 863
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.

-
-
-
1 093
total
-
-
-
36 536
Employee

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

60 085
-
97 500
-
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.

389
-
1 093
-
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.

7 065
-
19 863
-
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.

6 830
-
6 830
-
total
14 284
-
27 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
37 415
97 500
-
-
trade
6 417
16 721
-
-
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
804
-
-
income
5 612
14 624
-
-
chamber of commerce
205
288
-
-
total
12 543
32 437
-
-
Dividends
24 872
65 062
-
-
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.

321
875
-
-
withholding
5 838
15 886
-
-
total
6 159
16 761
-
-
Income
97 500
97 500
97 500
97 500
Total tax
32 986
49 198
27 786
36 536
After tax
64 514
48 302
69 714
60 964
Living cost
45 801
45 801
45 801
45 801
Free-cash
18 713
2 501
23 913
15 163

Estimated living cost  is ₽45801 per week

₽33451
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8092
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22008
₽21085
₽20841
₽14934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
3 026
social contributions
-
-
-
2 778
health
-
-
-
1 670
income
-
-
-
8 934
surtax
-
-
-
-
pensions
-
-
-
24 878
total
-
-
-
41 286
Employee
42 789
-
74 300
-
income
2 525
-
8 490
-
pensions
4 838
-
8 405
-
social contributions
1 220
-
2 115
-
surtax
-
-
-
-
total
8 583
-
19 010
-
Employer
42 789
-
74 300
-
pensions
7 029
-
12 205
-
other
1 476
-
2 563
-
health
2 996
-
5 200
-
unemployment
1 732
-
3 009
-
social contributions
129
-
222
-
total
13 362
-
23 199
-
Corporate
41 348
97 500
-
-
surtax
-
-
-
-
income
11 577
27 300
-
-
total
11 577
27 300
-
-
Dividends
29 771
70 200
-
-
surtax
-
-
-
-
social contributions
5 121
12 074
-
-
withholding
3 810
8 986
-
-
total
8 931
21 060
-
-
Income
97 500
97 500
97 500
97 500
Total tax
42 453
48 360
42 209
41 286
After tax
55 047
49 140
55 291
56 214
Living cost
34 206
34 206
34 206
34 206
Free-cash
20 841
14 934
21 085
22 008

Estimated living cost  is ₽34206 per week

₽21568
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25397
₽24474
₽23879
₽18323
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
3 026
social contributions
-
-
-
2 778
health
-
-
-
1 670
income
-
-
-
8 934
surtax
-
-
-
-
pensions
-
-
-
24 878
total
-
-
-
41 286
Employee
38 195
-
74 300
-
income
1 969
-
8 490
-
pensions
4 320
-
8 405
-
social contributions
1 089
-
2 115
-
surtax
-
-
-
-
total
7 378
-
19 010
-
Employer
38 195
-
74 300
-
pensions
6 276
-
12 205
-
other
1 319
-
2 563
-
health
2 673
-
5 200
-
unemployment
1 546
-
3 009
-
social contributions
114
-
222
-
total
11 928
-
23 199
-
Corporate
47 376
97 500
-
-
surtax
-
-
-
-
income
13 266
27 300
-
-
total
13 266
27 300
-
-
Dividends
34 111
70 200
-
-
surtax
-
-
-
-
social contributions
5 866
12 074
-
-
withholding
4 366
8 986
-
-
total
10 232
21 060
-
-
Income
97 500
97 500
97 500
97 500
Total tax
42 804
48 360
42 209
41 286
After tax
54 696
49 140
55 291
56 214
Living cost
30 817
30 817
30 817
30 817
Free-cash
23 879
18 323
24 474
25 397

Estimated living cost  is ₽30817 per week

₽17872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41414
₽41712
₽38801
₽38284
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
13 456
health
-
-
-
6 806
income
-
-
-
14 624
total
-
-
-
34 886
Employee
33 899
-
97 500
-
income
5 654
-
14 326
-
social contributions
4 679
-
13 456
-
health
2 366
-
6 806
-
total
12 699
-
34 588
-
Employer
33 899
-
97 500
-
total
-
-
-
-
Corporate
63 601
97 500
-
-
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%.

3 180
4 874
-
-
total
3 180
4 874
-
-
Dividends
60 422
92 626
-
-
social contributions
8 339
12 782
-
-
health
4 218
6 466
-
-
withholding
9 063
13 894
-
-
total
21 620
33 142
-
-
Income
97 500
97 500
97 500
97 500
Total tax
37 499
38 016
34 588
34 886
After tax
60 001
59 484
62 912
62 614
Living cost
21 200
21 200
21 200
21 200
Free-cash
38 801
38 284
41 712
41 414

Estimated living cost  is ₽21200 per week

₽14188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14343
-₽5329
₽17922
₽19471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
chamber of commerce
-
-
-
391
unemployment
-
-
-
6 132
health
-
-
-
7 458
income
-
-
-
15 713
surtax
-
-
-
197
pensions
-
-
-
18 037
total
-
-
-
47 928
Employee
49 965
39 843
75 556
-
income
5 688
2 939
14 034
-
pensions
5 117
4 079
7 737
-
unemployment
1 499
1 195
2 267
-
health
1 933
1 542
2 924
-
other
499
398
755
-
total
14 736
10 153
27 717
-
Employer
49 965
39 843
75 556
-
pensions
6 271
5 001
9 483
-
other
2 373
1 892
3 588
-
accident
649
518
983
-
health
1 888
1 506
2 855
-
payroll
1 499
1 195
2 267
-
chamber of commerce
199
159
302
-
unemployment
1 499
1 195
2 267
-
surtax
197
197
197
-
total
14 575
11 663
21 942
-
Corporate
32 960
45 993
71 763
-
income

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

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

8 240
11 498
17 941
-
total
8 240
11 498
17 941
-
Dividends
24 720
34 495
-
-
withholding
6 798
9 486
-
-
total
6 798
9 486
-
-
Income
97 500
97 500
97 500
97 500
Total tax
44 349
42 800
67 600
47 928
After tax
53 151
54 700
29 900
49 572
Living cost
35 229
35 229
35 229
35 229
Free-cash
17 922
19 471
-5 329
14 343

Estimated living cost  is ₽35229 per week

₽23496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3005
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8149
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9641
₽1707
₽3242
₽18237
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
15 076
communal

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

-
-
-
4 946
national
-
-
-
31 383
total
-
-
-
51 405
Employee

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

71 515
-
75 516
-
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.

5 364
-
5 663
-
national
21 987
-
23 552
-
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.

622
-
656
-
communal

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

3 730
-
3 939
-
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.

3 360
-
3 550
-
total
35 063
-
37 360
-
Employer

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

71 515
-
75 516
-
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.

6 337
-
6 690
-
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.

930
-
981
-
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.

4 398
-
4 643
-
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.

1 044
-
1 102
-
surtax
8 109
-
8 564
-
total
20 818
-
21 980
-
Corporate
5 168
97 500
-
-
surtax
21
391
-
-
income
1 034
19 500
-
-
total
1 055
19 891
-
-
Dividends
4 113
77 609
-
-
withholding

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

869
22 919
-
-
total
869
22 919
-
-
Income
97 500
97 500
97 500
97 500
Total tax
57 805
42 810
59 340
51 405
After tax
39 695
54 690
38 160
46 095
Living cost
36 454
36 454
36 454
36 454
Free-cash
3 242
18 237
1 707
9 641

Estimated living cost  is ₽36454 per week

₽23481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15961
₽15668
₽21628
₽29594
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
17 632
pensions
-
-
-
26 224
total
-
-
-
45 433
Employee
49 767
-
73 930
-
income
10 501
-
17 462
-
pensions
2 339
-
3 474
-
unemployment
772
-
1 146
-
other
49
-
74
-
total
13 661
-
22 156
-
Employer
49 767
-
73 930
-
pensions
11 744
-
17 447
-
other
397
-
592
-
accident
985
-
1 465
-
unemployment
2 738
-
4 066
-
total
15 864
-
23 570
-
Corporate
31 870
97 500
-
-
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.

4 781
14 624
-
-
total
4 781
14 624
-
-
Dividends
27 089
82 876
-
-
withholding
5 460
17 176
-
-
total
5 460
17 176
-
-
Income
97 500
97 500
97 500
97 500
Total tax
39 766
31 800
45 726
45 433
After tax
57 734
65 700
51 774
52 067
Living cost
36 106
36 106
36 106
36 106
Free-cash
21 628
29 594
15 668
15 961

Estimated living cost  is ₽36106 per week

₽26588
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1789
₽6242
-₽1271
₽5415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
accident
-
-
-
822
health
-
-
-
6 851
income
-
-
-
8 095
communal
-
-
-
6 162
surtax
-
-
-
4 834
pensions
-
-
-
14 615
total
-
-
-
41 379
Employee
75 713
-
87 093
-
income
7 313
-
10 339
-
pensions
6 056
-
6 967
-
health
3 370
-
3 876
-
surtax
4 641
-
5 337
-
total
21 380
-
26 519
-
Employer
75 713
-
87 093
-
pensions
6 056
-
6 967
-
accident
681
-
784
-
health
2 309
-
2 656
-
total
9 046
-
10 407
-
Corporate
12 741
97 500
-
-
communal
-
6 582
-
-
surtax
133
1 025
-
-
income
1 911
14 624
-
-
total
2 044
22 231
-
-
Dividends
10 697
75 270
-
-
withholding
1 605
11 291
-
-
income
10 364
4 231
-
-
total
11 969
15 522
-
-
Income
97 500
97 500
97 500
97 500
Total tax
44 439
37 753
36 926
41 379
After tax
53 061
59 747
60 574
56 121
Living cost
54 332
54 332
54 332
54 332
Free-cash
-1 271
5 415
6 242
1 789

Estimated living cost  is ₽54332 per week

₽40757
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27959
₽26073
₽35692
₽38872
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
6 923
income
-
-
-
18 246
surtax
-
-
-
2 188
pensions
-
-
-
19 500
total
-
-
-
47 085
Employee
33 669
-
80 546
-
income
5 644
-
17 011
-
pensions
2 246
-
5 373
-
unemployment
2 343
-
5 606
-
health
859
-
2 055
-
other
-
-
-
-
surtax
120
-
1 971
-
total
11 212
-
32 016
-
Employer
33 669
-
80 546
-
pensions
4 489
-
10 737
-
other
-
-
-
-
health
1 531
-
3 664
-
unemployment
1 068
-
2 554
-
total
7 088
-
16 955
-
Corporate
56 743
97 500
-
-
income
14 753
25 350
-
-
total
14 753
25 350
-
-
Dividends
41 989
72 150
-
-
withholding
6 299
10 822
-
-
total
6 299
10 822
-
-
Income
97 500
97 500
97 500
97 500
Total tax
39 352
36 172
48 971
47 085
After tax
58 148
61 328
48 529
50 415
Living cost
22 456
22 456
22 456
22 456
Free-cash
35 692
38 872
26 073
27 959

Estimated living cost  is ₽22456 per week

₽13558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1952
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.
₽6426
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22906
₽18289
₽22097
₽24316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
25 076
municipal
-
-
-
579
national
-
-
-
20 538
regional
-
-
-
1 469
total
-
-
-
47 662
Employee
55 460
-
97 500
-
national
8 786
-
17 575
-
social contributions
18 701
-
32 876
-
municipal
294
-
516
-
regional
747
-
1 312
-
total
28 528
-
52 279
-
Employer
55 460
-
97 500
-
total
-
-
-
-
Corporate
42 040
97 500
-
-
nationa
10 090
23 399
-
-
municipal
2 089
4 846
-
-
total
12 179
28 245
-
-
Dividends
29 862
69 255
-
-
withholding
7 764
18 007
-
-
total
7 764
18 007
-
-
Income
97 500
97 500
97 500
97 500
Total tax
48 471
46 252
52 279
47 662
After tax
49 029
51 248
45 221
49 838
Living cost
26 932
26 932
26 932
26 932
Free-cash
22 097
24 316
18 289
22 906

Estimated living cost  is ₽26932 per week

₽16749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17897
₽19888
₽26982
₽37539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
28 470
health
-
-
-
13 163
income
-
-
-
8 380
solidarity contribution
-
-
-
-
total
-
-
-
50 013
Employee
43 515
-
72 761
-
income
5 222
-
8 731
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
4 729
-
health
5 875
-
9 823
-
total
13 925
-
23 283
-
Employer
43 515
-
72 761
-
health
3 916
-
6 549
-
social contributions
10 879
-
18 190
-
total
14 795
-
24 739
-
Corporate
39 190
97 500
-
-
income
7 446
18 525
-
-
total
7 446
18 525
-
-
Dividends
31 744
78 975
-
-
withholding
4 762
11 846
-
-
total
4 762
11 846
-
-
Income
97 500
97 500
97 500
97 500
Total tax
40 928
30 371
48 022
50 013
After tax
56 572
67 129
49 478
47 487
Living cost
29 590
29 590
29 590
29 590
Free-cash
26 982
37 539
19 888
17 897

Estimated living cost  is ₽29590 per week

₽22005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
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.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17872
-₽1961
₽22413
₽22911
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
chamber of commerce
-
-
-
391
unemployment
-
-
-
6 132
health
-
-
-
7 458
income
-
-
-
15 713
surtax
-
-
-
-
pensions
-
-
-
18 037
total
-
-
-
47 731
Employee
43 704
39 843
75 712
-
income
3 893
2 939
14 087
-
pensions
4 476
4 079
7 752
-
unemployment
1 311
1 195
2 271
-
health
1 690
1 542
2 929
-
other
436
398
757
-
total
11 806
10 153
27 796
-
Employer
43 704
39 843
75 712
-
pensions
5 485
5 001
9 502
-
other
2 076
1 892
3 595
-
accident
567
518
985
-
health
1 653
1 506
2 861
-
payroll
1 311
1 195
2 271
-
chamber of commerce
175
159
304
-
unemployment
1 311
1 195
2 271
-
surtax
-
-
-
-
total
12 578
11 466
21 789
-
Corporate
41 219
46 190
71 917
-
income

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

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

10 304
11 547
17 979
-
total
10 304
11 547
17 979
-
Dividends
30 915
34 643
-
-
withholding
8 502
9 526
-
-
total
8 502
9 526
-
-
Income
97 500
97 500
97 500
97 500
Total tax
43 190
42 692
67 564
47 731
After tax
54 310
54 808
29 936
49 769
Living cost
31 897
31 897
31 897
31 897
Free-cash
22 413
22 911
-1 961
17 872

Estimated living cost  is ₽31897 per week

₽19134
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8936
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽82483
₽63958
₽75950
₽78583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
97 500
microenterprise

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

-
-
-
975
total
-
-
-
975
Employee
17 552
-
97 500
-
income
3 511
-
19 500
-
total
3 511
-
19 500
-
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%.

79 948
97 500
-
-
total
-
-
-
-
Dividends
79 948
97 500
-
-
withholding
3 997
4 875
-
-
total
3 997
4 875
-
-
Income
97 500
97 500
97 500
97 500
Total tax
7 508
4 875
19 500
975
After tax
89 992
92 625
78 000
96 525
Living cost
14 042
14 042
14 042
14 042
Free-cash
75 950
78 583
63 958
82 483

Estimated living cost  is ₽14042 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23736
₽20942
₽31949
₽40312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
unemployment
-
-
-
146
health
-
-
-
9 595
income
-
-
-
19 401
pensions
-
-
-
17 806
total
-
-
-
46 948
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.

44 211
-
84 365
-
income
7 624
-
17 963
-
pensions
6 853
-
13 076
-
unemployment
63
-
118
-
health
2 855
-
5 449
-
total
17 395
-
36 606
-
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.

44 211
-
84 365
-
pensions
3 912
-
7 466
-
health
2 945
-
5 618
-
unemployment
27
-
51
-
total
6 884
-
13 135
-
Corporate
46 406
97 500
-
-
income
8 817
18 525
-
-
total
8 817
18 525
-
-
Dividends
37 589
78 975
-
-
withholding
5 639
11 847
-
-
total
5 639
11 847
-
-
Income
97 500
97 500
97 500
97 500
Total tax
38 735
30 372
49 741
46 948
After tax
58 765
67 128
47 759
50 552
Living cost
26 816
26 816
26 816
26 816
Free-cash
31 949
40 312
20 942
23 736

Estimated living cost  is ₽26816 per week

₽18404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24331
₽41326
-₽51262
₽16270
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
11 115
income
-
-
-
19 005
total
-
-
-
30 120
Employee
61 727
-
-
-
income
13 616
-
-
-
social contributions
5 062
-
721
-
total
18 678
-
721
-
Employer
61 727
-
-
-
social contributions
87 035
-
12 404
-
total
87 035
-
12 404
-
Corporate
-
97 500
-
-
income
-
21 450
-
-
total
-
21 450
-
-
Dividends
-
76 050
-
-
income
-
16 731
-
-
total
-
16 731
-
-
Income
97 500
97 500
97 500
97 500
Total tax
105 713
38 181
13 125
30 120
After tax
-8 213
59 319
84 375
67 380
Living cost
43 049
43 049
43 049
43 049
Free-cash
-51 262
16 270
41 326
24 331

Estimated living cost  is ₽43049 per week

₽27932
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4049
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽549
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10520
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23282
₽18507
₽23093
₽24099
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
social contributions

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

-
-
-
33 882
income
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
42 858
Employee
45 982
-
78 787
-
income
9 564
-
20 253
-
social contributions
5 058
-
8 667
-
surtax
-
-
-
-
total
14 622
-
28 920
-
Employer
45 982
-
78 787
-
social contributions
10 921
-
18 713
-
total
10 921
-
18 713
-
Corporate
40 597
97 500
-
-
surtax
-
-
-
-
income
8 524
20 475
-
-
total
8 524
20 475
-
-
Dividends
32 072
77 025
-
-
withholding
8 980
21 566
-
-
total
8 980
21 566
-
-
Income
97 500
97 500
97 500
97 500
Total tax
43 047
42 041
47 633
42 858
After tax
54 453
55 459
49 867
54 642
Living cost
31 360
31 360
31 360
31 360
Free-cash
23 093
24 099
18 507
23 282

Estimated living cost  is ₽31360 per week

₽23464
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
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.
₽5523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7926
₽7003
₽7723
₽852
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
3 026
social contributions
-
-
-
2 778
health
-
-
-
1 670
income
-
-
-
8 934
surtax
-
-
-
-
pensions
-
-
-
24 878
total
-
-
-
41 286
Employee
62 618
-
74 300
-
income
5 464
-
8 490
-
pensions
7 083
-
8 405
-
social contributions
1 783
-
2 115
-
surtax
-
-
-
-
total
14 330
-
19 010
-
Employer
62 618
-
74 300
-
pensions
10 289
-
12 205
-
other
2 161
-
2 563
-
health
4 383
-
5 200
-
unemployment
2 537
-
3 009
-
social contributions
188
-
222
-
total
19 558
-
23 199
-
Corporate
15 324
97 500
-
-
surtax
-
-
-
-
income
4 292
27 300
-
-
total
4 292
27 300
-
-
Dividends
11 033
70 200
-
-
surtax
-
-
-
-
social contributions
1 897
12 074
-
-
withholding
1 412
8 986
-
-
total
3 309
21 060
-
-
Income
97 500
97 500
97 500
97 500
Total tax
41 489
48 360
42 209
41 286
After tax
56 011
49 140
55 291
56 214
Living cost
48 288
48 288
48 288
48 288
Free-cash
7 723
852
7 003
7 926

Estimated living cost  is ₽48288 per week

₽32681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44463
₽47055
₽54339
₽57697
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
21 451
income
-
-
-
1 533
total
-
-
-
22 984
Employee
32 142
-
84 414
-
social contributions
2 089
-
5 487
-
income
-
-
1 821
-
total
2 089
-
7 308
-
Employer
32 142
-
84 414
-
social contributions
4 982
-
13 084
-
total
4 982
-
13 084
-
Corporate
60 376
97 500
-
-
income
6 037
9 750
-
-
total
6 037
9 750
-
-
Dividends
54 339
87 750
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
13 108
9 750
20 392
22 984
After tax
84 392
87 750
77 108
74 516
Living cost
30 053
30 053
30 053
30 053
Free-cash
54 339
57 697
47 055
44 463

Estimated living cost  is ₽30053 per week

₽19432
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2265
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12456
-₽120425
-₽120425
-₽120425
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
municipal
-
-
-
17 973
national
-
-
-
10 302
labour market
-
-
-
7 731
pensions
-
-
-
867
total
-
-
-
36 873
Employee
203 317
203 317
203 317
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 317
203 317
203 317
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
97 500
97 500
97 500
97 500
Total tax
169 754
169 754
169 754
36 873
After tax
-72 254
-72 254
-72 254
60 627
Living cost
48 171
48 171
48 171
48 171
Free-cash
-120 425
-120 425
-120 425
12 456

Estimated living cost  is ₽48171 per week

₽32969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45341
₽28630
₽4586
-₽13693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
23 630
pensions
-
-
-
4 145
total
-
-
-
30 568
Employee
33 964
-
83 102
-
income
4 659
-
15 766
-
pensions
3 825
-
7 600
-
health
3 889
-
9 515
-
total
12 373
-
32 881
-
Employer
33 964
-
83 102
-
pensions
5 522
-
10 974
-
accident
567
-
1 388
-
unemployment
832
-
2 036
-
total
6 921
-
14 398
-
Corporate
56 614
97 500
-
-
income

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

50 953
87 750
-
-
total
50 953
87 750
-
-
Dividends
5 661
9 750
-
-
withholding
1 076
1 852
-
-
total
1 076
1 852
-
-
Income
97 500
97 500
97 500
97 500
Total tax
71 323
89 602
47 279
30 568
After tax
26 177
7 898
50 221
66 932
Living cost
21 591
21 591
21 591
21 591
Free-cash
4 586
-13 693
28 630
45 341

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31130
₽17436
₽24202
₽26633
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
97 500
municipal
-
-
-
17 354
health
-
-
-
1 083
national
-
-
-
9 549
total
-
-
-
27 986
Employee
52 601
-
82 022
-
pensions
3 550
-
5 536
-
national
869
-
5 197
-
municipal
8 616
-
13 393
-
unemployment
789
-
1 229
-
health
393
-
846
-
total
14 217
-
26 201
-
Employer
52 601
-
82 022
-
pensions
9 126
-
14 232
-
accident
53
-
82
-
health
404
-
632
-
unemployment
342
-
533
-
total
9 925
-
15 479
-
Corporate
34 975
97 500
-
-
income
6 995
19 500
-
-
total
6 995
19 500
-
-
Dividends

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

20 984
58 500
-
-
municipal
3 777
10 530
-
-
national
-
2 453
-
-
total
3 777
12 983
-
-
Income
97 500
97 500
97 500
97 500
Total tax
34 914
32 483
41 680
27 986
After tax
62 586
65 017
55 820
69 514
Living cost
38 384
38 384
38 384
38 384
Free-cash
24 202
26 633
17 436
31 130

Estimated living cost  is ₽38384 per week

₽25073
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and 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

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
₽46356
₽46259
₽42794
₽48235
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
15 211
health
-
-
-
2 485
income
-
-
-
10 300
total
-
-
-
27 996
Employee
76 879
76 879
88 516
-
income
8 371
7 117
10 259
-
social contributions
2 907
6 381
7 346
-
health
596
1 307
1 505
-
total
11 874
14 805
19 110
-
Employer
76 879
76 879
88 516
-
health
647
1 423
1 637
-
social contributions
2 907
6 381
7 346
-
total
3 554
7 804
8 983
-
Corporate
58 925
12 818
-
-
income
7 365
1 601
-
-
total
7 365
1 601
-
-
Dividends
51 560
11 216
-
-
withholding
8 765
1 907
-
-
total
8 765
1 907
-
-
Income
97 500
97 500
97 500
97 500
Total tax
31 558
26 117
28 093
27 996
After tax
65 942
71 383
69 407
69 504
Living cost
23 148
23 148
23 148
23 148
Free-cash
42 794
48 235
46 259
46 356

Estimated living cost  is ₽23148 per week

₽13873
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
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.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62350
₽44271
₽59780
₽64865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
97 500
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
9 270
pensions
-
-
-
6 360
total
-
-
-
19 276
Employee

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

22 948
-
88 395
-
income
1 569
-
7 037
-
pensions
3 442
-
13 260
-
unemployment
114
-
442
-
health
1 950
-
7 513
-
total
7 075
-
28 252
-
Employer

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

22 948
-
88 395
-
pensions
1 262
-
4 861
-
health
987
-
3 800
-
unemployment
114
-
442
-
total
2 363
-
9 103
-
Corporate
72 189
97 500
-
-
income
6 496
8 775
-
-
total
6 496
8 775
-
-
Dividends
65 693
88 725
-
-
withholding
5 912
7 986
-
-
total
5 912
7 986
-
-
Income
97 500
97 500
97 500
97 500
Total tax
21 846
16 761
37 355
19 276
After tax
75 654
80 739
60 145
78 224
Living cost
15 874
15 874
15 874
15 874
Free-cash
59 780
64 865
44 271
62 350

Estimated living cost  is ₽15874 per week

₽10128
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
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.
₽4128
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24574
₽24281
₽32962
₽38207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
17 632
pensions
-
-
-
26 224
total
-
-
-
45 433
Employee
36 968
-
73 930
-
income
7 127
-
17 462
-
pensions
1 738
-
3 474
-
unemployment
573
-
1 146
-
other
36
-
74
-
total
9 474
-
22 156
-
Employer
36 968
-
73 930
-
pensions
8 724
-
17 447
-
other
296
-
592
-
accident
732
-
1 465
-
unemployment
2 034
-
4 066
-
total
11 786
-
23 570
-
Corporate
48 746
97 500
-
-
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.

7 312
14 624
-
-
total
7 312
14 624
-
-
Dividends
41 434
82 876
-
-
withholding
8 473
17 176
-
-
total
8 473
17 176
-
-
Income
97 500
97 500
97 500
97 500
Total tax
37 045
31 800
45 726
45 433
After tax
60 455
65 700
51 774
52 067
Living cost
27 493
27 493
27 493
27 493
Free-cash
32 962
38 207
24 281
24 574

Estimated living cost  is ₽27493 per week

₽18557
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59029
₽58833
₽57652
₽58102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
health
-
-
-
1 448
income
-
-
-
32 288
pensions
-
-
-
1 997
total
-
-
-
35 733
Employee
4 171
-
95 253
-
income
807
-
32 183
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
33 681
-
Employer
4 171
-
95 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
92 391
97 500
-
-
income
20 326
21 450
-
-
total
20 326
21 450
-
-
Dividends
72 065
76 050
-
-
withholding
14 413
15 210
-
-
total
14 413
15 210
-
-
Income
97 500
97 500
97 500
97 500
Total tax
37 110
36 660
35 929
35 733
After tax
60 390
60 840
61 571
61 767
Living cost
2 738
2 738
2 738
2 738
Free-cash
57 652
58 102
58 833
59 029

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
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.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33986
₽33986
₽48231
₽53151
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
18 287
pensions
-
-
-
19 214
total
-
-
-
46 221
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.

26 076
-
84 272
-
income
3 594
-
18 287
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
32 993
-
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.

26 076
-
84 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
66 756
97 500
-
-
income
10 013
14 625
-
-
total
10 013
14 625
-
-
Dividends
56 743
82 875
-
-
withholding
8 511
12 431
-
-
total
8 511
12 431
-
-
Income
97 500
97 500
97 500
97 500
Total tax
31 976
27 056
46 221
46 221
After tax
65 524
70 444
51 279
51 279
Living cost
17 293
17 293
17 293
17 293
Free-cash
48 231
53 151
33 986
33 986

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27688
₽22914
₽28145
₽28505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
social contributions

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

-
-
-
33 882
income
-
-
-
8 976
surtax
-
-
-
-
total
-
-
-
42 858
Employee
38 804
-
78 787
-
income
7 582
-
20 253
-
social contributions
4 269
-
8 667
-
surtax
-
-
-
-
total
11 851
-
28 920
-
Employer
38 804
-
78 787
-
social contributions
9 215
-
18 713
-
total
9 215
-
18 713
-
Corporate
49 481
97 500
-
-
surtax
-
-
-
-
income
10 391
20 475
-
-
total
10 391
20 475
-
-
Dividends
39 090
77 025
-
-
withholding
10 945
21 566
-
-
total
10 945
21 566
-
-
Income
97 500
97 500
97 500
97 500
Total tax
42 402
42 041
47 633
42 858
After tax
55 098
55 459
49 867
54 642
Living cost
26 954
26 954
26 954
26 954
Free-cash
28 145
28 505
22 914
27 688

Estimated living cost  is ₽26954 per week

₽19090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16930
₽16637
₽22938
₽30563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
17 632
pensions
-
-
-
26 224
total
-
-
-
45 433
Employee
48 285
-
73 930
-
income
10 085
-
17 462
-
pensions
2 269
-
3 474
-
unemployment
748
-
1 146
-
other
47
-
74
-
total
13 149
-
22 156
-
Employer
48 285
-
73 930
-
pensions
11 395
-
17 447
-
other
387
-
592
-
accident
956
-
1 465
-
unemployment
2 656
-
4 066
-
total
15 394
-
23 570
-
Corporate
33 820
97 500
-
-
income

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

5 073
14 624
-
-
total
5 073
14 624
-
-
Dividends
28 747
82 876
-
-
withholding
5 809
17 176
-
-
total
5 809
17 176
-
-
Income
97 500
97 500
97 500
97 500
Total tax
39 425
31 800
45 726
45 433
After tax
58 075
65 700
51 774
52 067
Living cost
35 137
35 137
35 137
35 137
Free-cash
22 938
30 563
16 637
16 930

Estimated living cost  is ₽35137 per week

₽25234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56345
₽59322
₽60066
₽66159
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
unemployment
-
-
-
140
health
-
-
-
4 017
income
-
-
-
14 625
pensions

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

-
-
-
5 170
total
-
-
-
23 952
Employee
22 779
-
90 647
-
income
2 278
-
9 064
-
pensions

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

2 000
-
3 067
-
health
1 048
-
1 607
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 576
-
14 122
-
Employer
22 779
-
90 647
-
pensions

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

2 510
-
3 849
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 572
-
2 410
-
unemployment
137
-
210
-
total
4 469
-
6 853
-
Corporate
70 252
97 500
-
-
income
7 025
9 750
-
-
total
7 025
9 750
-
-
Dividends
63 227
87 750
-
-
withholding
3 161
4 388
-
-
total
3 161
4 388
-
-
Income
97 500
97 500
97 500
97 500
Total tax
20 231
14 138
20 975
23 952
After tax
77 269
83 362
76 525
73 548
Living cost
17 203
17 203
17 203
17 203
Free-cash
60 066
66 159
59 322
56 345

Estimated living cost  is ₽17203 per week

₽11378
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23793
₽31115
₽24788
₽11710
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
trade
-
-
-
7 322
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.

-
-
-
6 830
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.

-
-
-
19 863
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.

-
-
-
1 093
total
-
-
-
35 108
Employee

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

49 746
-
97 500
-
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.

226
-
1 093
-
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.

4 091
-
19 863
-
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.

6 830
-
6 830
-
total
11 147
-
27 786
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 754
97 500
-
-
trade
6 853
13 991
-
-
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.

395
804
-
-
income
7 162
14 624
-
-
chamber of commerce
222
294
-
-
total
14 632
29 713
-
-
Dividends
33 123
67 787
-
-
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.

434
911
-
-
withholding
7 900
16 567
-
-
total
8 334
17 478
-
-
Income
97 500
97 500
97 500
97 500
Total tax
34 113
47 191
27 786
35 108
After tax
63 387
50 309
69 714
62 392
Living cost
38 599
38 599
38 599
38 599
Free-cash
24 788
11 710
31 115
23 793

Estimated living cost  is ₽38599 per week

₽26626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4153
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7259
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9452
₽9452
₽13506
₽11298
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
8 621
income
-
-
-
22 475
total
-
-
-
31 096
Employee
78 205
-
97 500
-
social contributions
6 497
-
8 621
-
income
14 757
-
22 475
-
total
21 254
-
31 096
-
Employer
78 205
-
97 500
-
total
-
-
-
-
Corporate
19 295
97 500
-
-
income
2 411
12 188
-
-
total
2 411
12 188
-
-
Dividends
16 883
85 312
-
-
withholding
3 377
17 062
-
-
total
3 377
17 062
-
-
Income
97 500
97 500
97 500
97 500
Total tax
27 042
29 250
31 096
31 096
After tax
70 458
68 250
66 404
66 404
Living cost
56 952
56 952
56 952
56 952
Free-cash
13 506
11 298
9 452
9 452

Estimated living cost  is ₽56952 per week

₽43328
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26072
₽35276
₽25990
₽21802
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
health

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

-
-
-
6 677
income
-
-
-
28 459
total
-
-
-
35 136
Employee
45 864
-
92 901
-
social contributions
4 595
-
4 599
-
income
4 977
-
16 734
-
total
9 572
-
21 333
-
Employer
45 864
-
92 901
-
social contributions
4 595
-
4 599
-
total
4 595
-
4 599
-
Corporate
47 041
97 500
-
-
income
16 465
34 124
-
-
total
16 465
34 124
-
-
Dividends
30 576
63 376
-
-
social contributions
4 586
5 282
-
-
total
4 586
5 282
-
-
Income
97 500
97 500
97 500
97 500
Total tax
35 218
39 406
25 932
35 136
After tax
62 282
58 094
71 568
62 364
Living cost
36 292
36 292
36 292
36 292
Free-cash
25 990
21 802
35 276
26 072

Estimated living cost  is ₽36292 per week

₽23906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8968
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33496
₽23810
₽30016
₽35054
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
income
-
-
-
19 550
pensions
-
-
-
7 095
total
-
-
-
26 645
Employee
51 281
-
85 909
-
income
9 339
-
15 293
-
pensions
3 914
-
8 069
-
health
669
-
1 378
-
total
13 922
-
24 740
-
Employer
51 281
-
85 909
-
pensions
5 181
-
9 959
-
health
975
-
1 632
-
total
6 156
-
11 591
-
Corporate
40 063
97 500
-
-
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.

7 613
18 525
-
-
total
7 613
18 525
-
-
Dividends
32 450
78 975
-
-
withholding
2 434
6 562
-
-
total
2 434
6 562
-
-
Income
97 500
97 500
97 500
97 500
Total tax
30 125
25 087
36 331
26 645
After tax
67 375
72 413
61 169
70 855
Living cost
37 359
37 359
37 359
37 359
Free-cash
30 016
35 054
23 810
33 496

Estimated living cost  is ₽37359 per week

₽25628
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.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
₽43204
₽26493
₽4258
-₽15830
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
23 630
pensions
-
-
-
4 145
total
-
-
-
30 568
Employee
37 326
-
83 102
-
income
5 121
-
15 766
-
pensions
4 203
-
7 600
-
health
4 274
-
9 515
-
total
13 598
-
32 881
-
Employer
37 326
-
83 102
-
pensions
6 069
-
10 974
-
accident
623
-
1 388
-
unemployment
914
-
2 036
-
total
7 606
-
14 398
-
Corporate
52 568
97 500
-
-
income

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

47 311
87 750
-
-
total
47 311
87 750
-
-
Dividends
5 257
9 750
-
-
withholding
999
1 852
-
-
total
999
1 852
-
-
Income
97 500
97 500
97 500
97 500
Total tax
69 514
89 602
47 279
30 568
After tax
27 986
7 898
50 221
66 932
Living cost
23 728
23 728
23 728
23 728
Free-cash
4 258
-15 830
26 493
43 204

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42299
₽47133
₽64514
₽68545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
97 500
work injury
-
-
-
488
unemployment
-
-
-
1 170
income
-
-
-
14 887
health insurance
-
-
-
7 215
pensions
-
-
-
17 940
total
-
-
-
41 700
Employee

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

21 601
-
97 500
-
income
2 160
-
14 887
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
36 866
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
75 899
97 500
-
-
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%.

-
975
-
-
total
-
975
-
-
Dividends
75 899
96 525
-
-
withholding
11 385
14 479
-
-
total
11 385
14 479
-
-
Income
97 500
97 500
97 500
97 500
Total tax
19 485
15 454
36 866
41 700
After tax
78 015
82 046
60 634
55 800
Living cost
13 501
13 501
13 501
13 501
Free-cash
64 514
68 545
47 133
42 299

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9479
₽5021
₽6979
₽11527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
97 500
social contributions
-
-
-
25 076
municipal
-
-
-
653
national
-
-
-
20 538
regional
-
-
-
1 925
total
-
-
-
48 192
Employee
84 248
-
97 500
-
national
14 237
-
17 575
-
social contributions
28 408
-
32 876
-
municipal
503
-
582
-
regional
1 272
-
1 617
-
total
44 420
-
52 650
-
Employer
84 248
-
97 500
-
total
-
-
-
-
Corporate
13 252
97 500
-
-
nationa
3 180
23 399
-
-
municipal
639
4 700
-
-
total
3 819
28 099
-
-
Dividends
9 433
69 401
-
-
withholding
2 453
18 045
-
-
total
2 453
18 045
-
-
Income
97 500
97 500
97 500
97 500
Total tax
50 692
46 144
52 650
48 192
After tax
46 808
51 356
44 850
49 308
Living cost
39 829
39 829
39 829
39 829
Free-cash
6 979
11 527
5 021
9 479

Estimated living cost  is ₽39829 per week

₽27977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8509
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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