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
₽ 98500
per

Your estimated
City
free-cash

Dresden , Germany
₽32730
₽32326
₽41597
₽22286
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
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.

-
-
-
1 209
trade
-
-
-
8 867
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.

-
-
-
21 997
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.

-
-
-
6 202
total
-
-
-
38 275
Employee

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

34 720
-
98 500
-
income

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

970
-
21 997
-
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.

6 202
-
6 202
-
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.

53
-
1 209
-
total
7 225
-
29 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 780
98 500
-
-
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.

525
813
-
-
income
9 568
14 775
-
-
trade
10 045
15 514
-
-
chamber of commerce
229
279
-
-
total
20 367
31 381
-
-
Dividends
43 413
67 118
-
-
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.

579
904
-
-
withholding
10 508
16 434
-
-
total
11 087
17 338
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 679
48 719
29 408
38 275
After tax
59 821
49 781
69 092
60 225
Living cost
27 495
27 495
27 495
27 495
Free-cash
32 326
22 286
41 597
32 730

Estimated living cost  is ₽27495 per week

₽17295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6481
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11520
₽12859
₽12294
₽13654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
15 979
pensions
-
-
-
11 820
social contributions
-
-
-
1 059
municipal
-
-
-
10 312
total
-
-
-
39 170
Employee
74 114
-
85 152
-
pensions
2 965
-
3 406
-
municipal
9 154
-
10 693
-
national
14 185
-
16 570
-
total
26 304
-
30 669
-
Employer
74 114
-
85 152
-
pensions
5 929
-
6 812
-
social contributions
797
-
915
-
total
6 726
-
7 727
-
Corporate
12 768
98 500
-
-
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%.

2 554
19 700
-
-
total
2 554
19 700
-
-
Dividends
10 215
78 800
-
-
withholding
2 247
17 336
-
-
total
2 247
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 831
37 036
38 396
39 170
After tax
60 669
61 464
60 104
59 330
Living cost
47 810
47 810
47 810
47 810
Free-cash
12 859
13 654
12 294
11 520

Estimated living cost  is ₽47810 per week

₽32496
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽716
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33610
₽52470
₽36548
₽59915
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
surtax
-
-
-
-
social contributions

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

-
-
-
31 668
income
-
-
-
14 337
microenterprise
-
-
-
-
total
-
-
-
46 005
Employee
26 525
-
79 379
-
income
4 722
-
15 214
-
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.

2 918
-
8 732
-
surtax
-
-
-
-
total
7 640
-
23 946
-
Employer
26 525
-
79 379
-
surtax
-
-
-
-
social contributions

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

6 389
-
19 121
-
total
6 389
-
19 121
-
Corporate
65 585
98 500
-
-
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%.

13 116
19 700
-
-
total
13 116
19 700
-
-
Dividends

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

52 469
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 145
19 700
43 067
46 005
After tax
71 355
78 800
55 433
52 495
Living cost
18 885
18 885
18 885
18 885
Free-cash
52 470
59 915
36 548
33 610

Estimated living cost  is ₽18885 per week

₽12048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1798
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.
₽4610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17960
₽4262
₽11987
₽9823
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
10 636
income
-
-
-
20 682
health
-
-
-
11 194
total
-
-
-
42 512
Employee
77 519
77 519
83 821
-
pensions
13 954
10 636
10 636
-
income

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

12 689
12 689
12 689
-
health
11 898
10 121
10 481
-
total
38 541
33 446
33 806
-
Employer
77 519
77 519
83 821
-
pensions
5 395
5 395
5 835
-
health
5 388
5 388
5 826
-
unemployment
2 791
2 791
3 018
-
total
13 574
13 574
14 679
-
Corporate
8 357
7 406
-
-
income
1 671
1 481
-
-
total
1 671
1 481
-
-
Dividends
6 686
5 925
-
-
income
1 421
1 259
-
-
withholding
1 003
889
-
-
total
2 424
2 148
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 210
50 649
48 485
42 512
After tax
42 290
47 851
50 015
55 988
Living cost
38 028
38 028
38 028
38 028
Free-cash
4 262
9 823
11 987
17 960

Estimated living cost  is ₽38028 per week

₽26949
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14506
₽15149
₽14816
₽15997
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
-
other
-
-
-
9 623
pensions
-
-
-
8 952
municipal
-
-
-
22 219
accident
-
-
-
166
health
-
-
-
5 167
unemployment
-
-
-
83
total
-
-
-
46 210
Employee
53 839
-
74 951
-
municipal
16 055
-
22 350
-
national
-
-
-
-
total
16 055
-
22 350
-
Employer
53 839
-
74 951
-
pensions
5 820
-
8 102
-
other
6 256
-
8 709
-
health
3 311
-
4 610
-
unemployment
1 421
-
1 979
-
accident
108
-
150
-
total
16 916
-
23 550
-
Corporate
27 745
98 500
-
-
income
6 104
21 670
-
-
total
6 104
21 670
-
-
Dividends
21 641
76 830
-
-
withholding
6 492
23 049
-
-
total
6 492
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 567
44 719
45 900
46 210
After tax
52 933
53 781
52 600
52 290
Living cost
37 784
37 784
37 784
37 784
Free-cash
15 149
15 997
14 816
14 506

Estimated living cost  is ₽37784 per week

₽25042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8461
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24170
₽26368
₽33431
₽13613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
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.

-
-
-
1 209
trade
-
-
-
9 261
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.

-
-
-
21 997
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.

-
-
-
6 202
total
-
-
-
38 669
Employee

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

46 035
-
98 500
-
income

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

3 955
-
21 997
-
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.

6 202
-
6 202
-
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.

217
-
1 209
-
total
10 374
-
29 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 465
98 500
-
-
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.

432
813
-
-
income
7 869
14 775
-
-
trade
8 631
16 203
-
-
chamber of commerce
212
277
-
-
total
17 144
32 068
-
-
Dividends
35 322
66 431
-
-
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.

467
894
-
-
withholding
8 486
16 264
-
-
total
8 953
17 158
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 471
49 226
29 408
38 669
After tax
62 029
49 274
69 092
59 831
Living cost
35 661
35 661
35 661
35 661
Free-cash
26 368
13 613
33 431
24 170

Estimated living cost  is ₽35661 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3761
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39853
₽38849
₽39279
₽42615
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
14 687
income
-
-
-
12 005
health
-
-
-
2 512
total
-
-
-
29 204
Employee
69 803
69 803
89 423
-
income
7 330
6 462
11 759
-
social contributions
3 392
5 793
7 423
-
health
694
1 187
1 519
-
total
11 416
13 442
20 701
-
Employer
69 803
69 803
89 423
-
social contributions
3 392
5 793
7 423
-
health
756
1 292
1 654
-
total
4 148
7 085
9 077
-
Corporate
53 492
21 612
-
-
income
6 687
2 701
-
-
total
6 687
2 701
-
-
Dividends
46 805
18 911
-
-
withholding
7 957
3 214
-
-
total
7 957
3 214
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 208
26 442
29 778
29 204
After tax
68 292
72 058
68 722
69 296
Living cost
29 443
29 443
29 443
29 443
Free-cash
38 849
42 615
39 279
39 853

Estimated living cost  is ₽29443 per week

₽20127
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2300
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6522
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50354
₽37981
₽39220
₽37609
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
9 850
income
-
-
-
12 042
health
-
-
-
6 895
unemployment
-
-
-
1 478
total
-
-
-
30 265
Employee

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

The minimum wage is 138,000 HUF per month.

25 811
10 272
82 427
-
pensions
2 581
1 027
8 243
-
income
3 155
1 256
10 077
-
health
1 807
719
5 770
-
unemployment
387
154
1 236
-
total
7 930
3 156
25 326
-
Employer

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

The minimum wage is 138,000 HUF per month.

25 811
10 272
82 427
-
pensions
5 033
2 003
16 073
-
total
5 033
2 003
16 073
-
Corporate
67 656
86 224
-
-
income
6 089
7 760
-
-
total
6 089
7 760
-
-
Dividends
61 567
78 464
-
-
withholding
11 698
14 908
-
-
social contributions
11 888
15 183
-
-
total
23 586
30 091
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 638
43 010
41 399
30 265
After tax
55 862
55 490
57 101
68 235
Living cost
17 881
17 881
17 881
17 881
Free-cash
37 981
37 609
39 220
50 354

Estimated living cost  is ₽17881 per week

₽12202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1463
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽357
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3858
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30871
₽51235
₽34850
₽56874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
19 700
income
-
-
-
13 199
health
-
-
-
12 804
total
-
-
-
45 703
Employee
25 752
-
73 616
-
pensions
515
-
1 473
-
income
2 899
-
14 193
-
unemployment
412
-
1 178
-
total
3 826
-
16 844
-
Employer
25 752
-
73 616
-
pensions
5 151
-
14 722
-
health
3 347
-
9 569
-
unemployment
207
-
589
-
total
8 705
-
24 880
-
Corporate
64 044
98 500
-
-
income
12 808
19 700
-
-
total
12 808
19 700
-
-
Dividends
51 236
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 339
19 700
41 724
45 703
After tax
73 161
78 800
56 776
52 797
Living cost
21 926
21 926
21 926
21 926
Free-cash
51 235
56 874
34 850
30 871

Estimated living cost  is ₽21926 per week

₽15039
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1306
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47246
₽4861
₽30928
-₽12343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
342
pensions
-
-
-
3 843
income
-
-
-
24 501
accident
-
-
-
233
health
-
-
-
2 014
total
-
-
-
30 933
Employee
31 966
-
84 829
-
pensions
3 599
-
7 047
-
income
4 385
-
16 821
-
health
3 660
-
9 713
-
total
11 644
-
33 581
-
Employer
31 966
-
84 829
-
pensions
5 198
-
10 176
-
unemployment
783
-
2 078
-
accident
534
-
1 416
-
total
6 515
-
13 670
-
Corporate
60 020
98 500
-
-
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.

54 018
88 650
-
-
total
54 018
88 650
-
-
Dividends
6 002
9 850
-
-
withholding
1 141
1 872
-
-
total
1 141
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 318
90 522
47 251
30 933
After tax
25 182
7 978
51 249
67 567
Living cost
20 321
20 321
20 321
20 321
Free-cash
4 861
-12 343
30 928
47 246

Estimated living cost  is ₽20321 per week

₽14893
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3878
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90141
₽84819
₽71426
₽86201
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
9 217
-
98 500
-
income
1 843
-
19 700
-
total
1 843
-
19 700
-
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%.

89 283
98 500
-
-
total
-
-
-
-
Dividends
89 283
98 500
-
-
withholding
4 464
4 925
-
-
total
4 464
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 307
4 925
19 700
985
After tax
92 193
93 575
78 800
97 515
Living cost
7 374
7 374
7 374
7 374
Free-cash
84 819
86 201
71 426
90 141

Estimated living cost  is ₽7374 per week

₽4570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽613
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽203
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽1988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29039
₽42048
₽33113
₽48179
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
4 679
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.

-
-
-
23 640
income
-
-
-
12 620
health
-
-
-
4 334
total
-
-
-
45 273
Employee
32 960
-
78 676
-
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.

2 307
-
5 507
-
income
5 674
-
13 979
-
health
462
-
1 101
-
unemployment
329
-
787
-
total
8 772
-
21 374
-
Employer
32 960
-
78 676
-
pensions

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

5 604
-
13 375
-
other
1 649
-
3 933
-
health
462
-
1 101
-
unemployment
329
-
787
-
accident
264
-
629
-
total
8 308
-
19 825
-
Corporate
57 233
98 500
-
-
income
12 019
20 686
-
-
total
12 019
20 686
-
-
Dividends
45 214
77 814
-
-
withholding
3 165
5 447
-
-
total
3 165
5 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 264
26 133
41 199
45 273
After tax
66 236
72 367
57 301
53 227
Living cost
24 188
24 188
24 188
24 188
Free-cash
42 048
48 179
33 113
29 039

Estimated living cost  is ₽24188 per week

₽17090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1633
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽389
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9799
₽1492
₽888
₽10905
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
6 881
income
-
-
-
21 832
total
-
-
-
28 713
Employee
84 875
-
86 596
-
pensions
8 188
-
8 396
-
income
15 300
-
15 890
-
health
1 399
-
1 434
-
total
24 887
-
25 720
-
Employer
84 875
-
86 596
-
pensions
10 021
-
10 258
-
health
1 612
-
1 646
-
total
11 633
-
11 904
-
Corporate
1 992
98 500
-
-
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.

379
18 715
-
-
total
379
18 715
-
-
Dividends
1 613
79 785
-
-
withholding
121
8 892
-
-
total
121
8 892
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 020
27 607
37 624
28 713
After tax
61 480
70 893
60 876
69 787
Living cost
59 988
59 988
59 988
59 988
Free-cash
1 492
10 905
888
9 799

Estimated living cost  is ₽59988 per week

₽44951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7048
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.
₽7503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63477
₽68194
₽66688
₽72386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions

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

-
-
-
4 665
income
-
-
-
14 775
health
-
-
-
3 625
unemployment
-
-
-
126
total
-
-
-
23 191
Employee
15 667
-
92 316
-
pensions

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

1 376
-
2 768
-
accident

We are using the highest rate at 1.1%.

172
-
347
-
income
1 566
-
9 231
-
health
721
-
1 450
-
total
3 835
-
13 796
-
Employer
15 667
-
92 316
-
pensions

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

1 727
-
3 473
-
health
1 081
-
2 175
-
unemployment
94
-
189
-
accident

We are using the highest rate at 1.1%.

172
-
347
-
total
3 074
-
6 184
-
Corporate
79 759
98 500
-
-
income
7 976
9 850
-
-
total
7 976
9 850
-
-
Dividends
71 783
88 650
-
-
withholding
3 589
4 432
-
-
total
3 589
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 474
14 282
19 980
23 191
After tax
80 026
84 218
78 520
75 309
Living cost
11 832
11 832
11 832
11 832
Free-cash
68 194
72 386
66 688
63 477

Estimated living cost  is ₽11832 per week

₽6908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽313
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5651
-₽397
-₽322
-₽2486
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
10 636
income
-
-
-
20 682
health
-
-
-
11 194
total
-
-
-
42 512
Employee
84 161
77 519
83 821
-
pensions
10 636
10 636
10 636
-
income

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

12 689
12 689
12 689
-
health
10 500
10 121
10 481
-
total
33 825
33 446
33 806
-
Employer
84 161
77 519
83 821
-
pensions
5 857
5 395
5 835
-
health
5 848
5 388
5 826
-
unemployment
3 030
2 791
3 018
-
total
14 735
13 574
14 679
-
Corporate
-
7 406
-
-
income
-
1 481
-
-
total
-
1 481
-
-
Dividends
-
5 925
-
-
income
-
1 259
-
-
withholding
-
889
-
-
total
-
2 148
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 560
50 649
48 485
42 512
After tax
49 940
47 851
50 015
55 988
Living cost
50 337
50 337
50 337
50 337
Free-cash
-397
-2 486
-322
5 651

Estimated living cost  is ₽50337 per week

₽37132
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4496
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽577
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8133
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25418
₽37215
₽27429
₽45261
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 298
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
33 171
-
73 508
-
income
3 980
-
8 821
-
social contributions
2 156
-
4 778
-
solidarity contribution
-
-
-
-
health
4 478
-
9 923
-
total
10 614
-
23 522
-
Employer
33 171
-
73 508
-
social contributions
8 293
-
18 377
-
health
2 985
-
6 616
-
total
11 278
-
24 993
-
Corporate
54 051
98 500
-
-
income
10 270
18 715
-
-
total
10 270
18 715
-
-
Dividends
43 782
79 785
-
-
withholding
6 567
11 968
-
-
total
6 567
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 729
30 683
48 515
50 526
After tax
59 771
67 817
49 985
47 974
Living cost
22 556
22 556
22 556
22 556
Free-cash
37 215
45 261
27 429
25 418

Estimated living cost  is ₽22556 per week

₽15668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1605
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11712
₽9512
₽7025
₽14249
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
21 464
social contributions
-
-
-
25 333
municipal
-
-
-
586
regional
-
-
-
1 101
total
-
-
-
48 484
Employee
80 677
-
98 500
-
social contributions
27 204
-
33 215
-
municipal
427
-
522
-
regional
761
-
965
-
national
13 979
-
18 469
-
total
42 371
-
53 171
-
Employer
80 677
-
98 500
-
total
-
-
-
-
Corporate
17 823
98 500
-
-
municipal
696
3 842
-
-
nationa
4 277
23 640
-
-
total
4 973
27 482
-
-
Dividends
12 850
71 018
-
-
withholding
3 340
18 465
-
-
total
3 340
18 465
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 684
45 947
53 171
48 484
After tax
47 816
52 553
45 329
50 016
Living cost
38 304
38 304
38 304
38 304
Free-cash
9 512
14 249
7 025
11 712

Estimated living cost  is ₽38304 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29611
₽39100
₽27934
₽41924
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
-
surtax
-
-
-
2 486
pensions
-
-
-
19 700
income
-
-
-
19 471
health
-
-
-
6 994
unemployment
-
-
-
207
total
-
-
-
48 858
Employee
30 019
-
81 372
-
pensions
2 002
-
5 428
-
income
5 032
-
18 000
-
other
-
-
-
-
health
767
-
2 076
-
unemployment
2 090
-
5 664
-
surtax
98
-
2 238
-
total
9 989
-
33 406
-
Employer
30 019
-
81 372
-
pensions
4 002
-
10 848
-
other
-
-
-
-
health
1 366
-
3 702
-
unemployment
951
-
2 579
-
total
6 319
-
17 129
-
Corporate
62 162
98 500
-
-
income
16 162
25 611
-
-
total
16 162
25 611
-
-
Dividends
46 000
72 889
-
-
withholding
6 899
10 934
-
-
total
6 899
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 369
36 545
50 535
48 858
After tax
59 131
61 955
47 965
49 642
Living cost
20 031
20 031
20 031
20 031
Free-cash
39 100
41 924
27 934
29 611

Estimated living cost  is ₽20031 per week

₽12248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28804
₽25760
₽19893
₽29910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
6 881
income
-
-
-
21 832
total
-
-
-
28 713
Employee
56 881
-
86 596
-
pensions
4 828
-
8 396
-
income
10 244
-
15 890
-
health
826
-
1 434
-
total
15 898
-
25 720
-
Employer
56 881
-
86 596
-
pensions
6 157
-
10 258
-
health
1 081
-
1 646
-
total
7 238
-
11 904
-
Corporate
34 381
98 500
-
-
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.

6 533
18 715
-
-
total
6 533
18 715
-
-
Dividends
27 849
79 785
-
-
withholding
2 088
8 892
-
-
total
2 088
8 892
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 757
27 607
37 624
28 713
After tax
66 743
70 893
60 876
69 787
Living cost
40 983
40 983
40 983
40 983
Free-cash
25 760
29 910
19 893
28 804

Estimated living cost  is ₽40983 per week

₽30704
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3072
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.
₽6778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽9383
₽3463
₽4488
-₽27631
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
670
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.

-
-
-
1 969
pensions
-
-
-
9 062
city
-
-
-
1 038
health
-
-
-
237
regional
-
-
-
3 468
total
-
-
-
16 444
Employee
85 046
-
88 161
-
city
913
-
946
-
pensions
7 145
-
7 406
-
health
192
-
198
-
regional
2 785
-
2 953
-
unemployment
-
-
-
-
national
403
-
468
-
total
11 438
-
11 971
-
Employer
85 046
-
88 161
-
pensions
7 145
-
7 406
-
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.

1 700
-
1 764
-
health
192
-
198
-
unemployment
-
-
-
-
total
9 037
-
9 368
-
Corporate
3 481
98 500
-
-
national
297
8 373
-
-
regional
735
20 832
-
-
total
1 032
29 205
-
-
Dividends
2 449
69 295
-
-
withholding
857
24 253
-
-
total
857
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
22 364
53 458
21 339
16 444
After tax
76 136
45 042
77 161
82 056
Living cost
72 673
72 673
72 673
72 673
Free-cash
3 463
-27 631
4 488
9 383

Estimated living cost  is ₽72673 per week

₽47258
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽892
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18001
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17853
₽21903
₽27507
₽7183
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
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.

-
-
-
1 209
trade
-
-
-
9 654
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.

-
-
-
21 997
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.

-
-
-
6 202
total
-
-
-
39 062
Employee

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

54 555
-
98 500
-
income

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

6 415
-
21 997
-
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.

6 202
-
6 202
-
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.

353
-
1 209
-
total
12 970
-
29 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 945
98 500
-
-
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.

362
813
-
-
income
6 593
14 775
-
-
trade
7 537
16 892
-
-
chamber of commerce
200
276
-
-
total
14 692
32 756
-
-
Dividends
29 254
65 744
-
-
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.

382
885
-
-
withholding
6 968
16 091
-
-
total
7 350
16 976
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 012
49 732
29 408
39 062
After tax
63 488
48 768
69 092
59 438
Living cost
41 585
41 585
41 585
41 585
Free-cash
21 903
7 183
27 507
17 853

Estimated living cost  is ₽41585 per week

₽30372
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3326
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7347
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25446
₽23948
₽29851
₽18584
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 054
surtax
-
-
-
-
pensions
-
-
-
23 415
social contributions
-
-
-
2 806
income
-
-
-
10 473
health
-
-
-
2 248
total
-
-
-
41 996
Employee
38 851
-
79 559
-
pensions
4 393
-
4 065
-
income
2 293
-
12 322
-
social contributions
1 108
-
2 267
-
surtax
-
-
-
-
total
7 794
-
18 654
-
Employer
38 851
-
79 559
-
pensions
6 382
-
7 107
-
other
1 340
-
2 744
-
social contributions
117
-
239
-
health
2 720
-
5 626
-
unemployment
1 573
-
3 221
-
total
12 132
-
18 937
-
Corporate
47 516
98 500
-
-
surtax
-
-
-
-
income
13 304
27 580
-
-
total
13 304
27 580
-
-
Dividends
34 212
70 920
-
-
surtax
-
-
-
-
withholding
4 379
9 078
-
-
social contributions
5 885
12 200
-
-
total
10 264
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 494
48 858
37 591
41 996
After tax
55 006
49 642
60 909
56 504
Living cost
31 058
31 058
31 058
31 058
Free-cash
23 948
18 584
29 851
25 446

Estimated living cost  is ₽31058 per week

₽19583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2525
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28523
₽26706
₽32928
₽21661
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 054
surtax
-
-
-
-
pensions
-
-
-
23 415
social contributions
-
-
-
2 806
income
-
-
-
10 473
health
-
-
-
2 248
total
-
-
-
41 996
Employee
34 680
-
79 559
-
pensions
3 922
-
4 065
-
income
1 788
-
12 322
-
social contributions
989
-
2 267
-
surtax
-
-
-
-
total
6 699
-
18 654
-
Employer
34 680
-
79 559
-
pensions
5 699
-
7 107
-
other
1 197
-
2 744
-
social contributions
103
-
239
-
health
2 427
-
5 626
-
unemployment
1 404
-
3 221
-
total
10 830
-
18 937
-
Corporate
52 990
98 500
-
-
surtax
-
-
-
-
income
14 837
27 580
-
-
total
14 837
27 580
-
-
Dividends
38 152
70 920
-
-
surtax
-
-
-
-
withholding
4 884
9 078
-
-
social contributions
6 563
12 200
-
-
total
11 447
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 813
48 858
37 591
41 996
After tax
54 687
49 642
60 909
56 504
Living cost
27 981
27 981
27 981
27 981
Free-cash
26 706
21 661
32 928
28 523

Estimated living cost  is ₽27981 per week

₽16227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44008
₽41314
₽43780
₽40845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
13 593
income
-
-
-
14 775
health
-
-
-
6 875
total
-
-
-
35 243
Employee
30 779
-
98 500
-
income
5 134
-
15 003
-
social contributions
4 248
-
13 593
-
health
2 148
-
6 875
-
total
11 530
-
35 471
-
Employer
30 779
-
98 500
-
total
-
-
-
-
Corporate
67 721
98 500
-
-
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%.

3 387
4 925
-
-
total
3 387
4 925
-
-
Dividends
64 335
93 575
-
-
health
4 491
6 532
-
-
withholding
9 650
14 036
-
-
social contributions
8 879
12 913
-
-
total
23 020
33 481
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 937
38 406
35 471
35 243
After tax
60 563
60 094
63 029
63 257
Living cost
19 249
19 249
19 249
19 249
Free-cash
41 314
40 845
43 780
44 008

Estimated living cost  is ₽19249 per week

₽12882
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1187
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4736
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17255
₽21696
-₽3094
₽23100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
179
chamber of commerce
-
-
-
394
pensions
-
-
-
18 222
income
-
-
-
17 361
health
-
-
-
7 535
unemployment
-
-
-
5 568
total
-
-
-
49 259
Employee
45 366
36 176
76 348
-
pensions
4 646
3 704
7 817
-
income
5 165
2 668
15 407
-
other
453
362
763
-
health
1 755
1 401
2 954
-
unemployment
1 361
1 085
2 291
-
total
13 380
9 220
29 232
-
Employer
45 366
36 176
76 348
-
surtax
179
179
179
-
pensions
5 693
4 541
9 581
-
other
2 155
1 717
3 626
-
health
1 714
1 368
2 885
-
unemployment
1 361
1 085
2 291
-
chamber of commerce
181
145
305
-
payroll
1 361
1 085
2 291
-
accident
589
470
992
-
total
13 233
10 590
22 150
-
Corporate
39 901
51 733
72 903
-
income

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

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

9 976
12 934
18 226
-
total
9 976
12 934
18 226
-
Dividends
29 925
38 800
-
-
withholding
8 229
10 670
-
-
total
8 229
10 670
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 818
43 414
69 608
49 259
After tax
53 682
55 086
28 892
49 241
Living cost
31 986
31 986
31 986
31 986
Free-cash
21 696
23 100
-3 094
17 255

Estimated living cost  is ₽31986 per week

₽21333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7399
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12222
₽8501
₽4837
₽22118
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
32 434
communal

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

-
-
-
4 963
social contributions
-
-
-
15 783
total
-
-
-
53 180
Employee

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

64 933
-
76 290
-
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.

4 870
-
5 721
-
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.

3 051
-
3 585
-
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.

565
-
663
-
national
19 963
-
24 406
-
communal

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

3 387
-
3 979
-
total
31 836
-
38 354
-
Employer

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

64 933
-
76 290
-
surtax
7 363
-
8 651
-
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.

5 754
-
6 760
-
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.

3 993
-
4 693
-
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.

947
-
1 115
-
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.

844
-
992
-
total
18 901
-
22 211
-
Corporate
14 666
98 500
-
-
surtax
59
394
-
-
income
2 934
19 700
-
-
total
2 993
20 094
-
-
Dividends
11 674
78 405
-
-
withholding

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

3 171
23 190
-
-
total
3 171
23 190
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 901
43 284
60 565
53 180
After tax
41 599
55 216
37 935
45 320
Living cost
33 098
33 098
33 098
33 098
Free-cash
8 501
22 118
4 837
12 222

Estimated living cost  is ₽33098 per week

₽21320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2894
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20774
₽26335
₽18687
₽33567
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
84
pensions
-
-
-
23 811
income
-
-
-
19 701
accident
-
-
-
758
unemployment
-
-
-
589
total
-
-
-
44 943
Employee
45 186
-
74 689
-
pensions
2 124
-
3 511
-
income
9 534
-
18 476
-
other
45
-
74
-
unemployment
701
-
1 158
-
total
12 404
-
23 219
-
Employer
45 186
-
74 689
-
pensions
10 663
-
17 626
-
other
360
-
598
-
unemployment
2 486
-
4 109
-
accident
894
-
1 478
-
total
14 403
-
23 811
-
Corporate
38 911
98 500
-
-
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.

5 836
14 775
-
-
total
5 836
14 775
-
-
Dividends
33 074
83 725
-
-
withholding
6 739
17 375
-
-
total
6 739
17 375
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 382
32 150
47 030
44 943
After tax
59 118
66 350
51 470
53 557
Living cost
32 783
32 783
32 783
32 783
Free-cash
26 335
33 567
18 687
20 774

Estimated living cost  is ₽32783 per week

₽24141
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2326
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.
₽5843
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5977
₽4121
₽10148
₽10682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
4 884
communal
-
-
-
6 226
pensions
-
-
-
14 763
income
-
-
-
9 566
accident
-
-
-
830
health
-
-
-
6 922
total
-
-
-
43 191
Employee
68 744
-
87 985
-
pensions
5 499
-
7 039
-
income
6 640
-
12 158
-
health
3 059
-
3 916
-
surtax
4 214
-
5 392
-
total
19 412
-
28 505
-
Employer
68 744
-
87 985
-
pensions
5 499
-
7 039
-
health
2 096
-
2 684
-
accident
618
-
792
-
total
8 213
-
10 515
-
Corporate
21 542
98 500
-
-
surtax
226
1 034
-
-
income
3 232
14 775
-
-
communal
-
6 649
-
-
total
3 458
22 458
-
-
Dividends
18 085
76 042
-
-
income
11 251
4 622
-
-
withholding
2 713
11 406
-
-
total
13 964
16 028
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 047
38 486
39 020
43 191
After tax
53 453
60 014
59 480
55 309
Living cost
49 332
49 332
49 332
49 332
Free-cash
4 121
10 682
10 148
5 977

Estimated living cost  is ₽49332 per week

₽37006
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2989
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.
₽8813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29253
₽38681
₽27576
₽41566
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
-
surtax
-
-
-
2 486
pensions
-
-
-
19 700
income
-
-
-
19 471
health
-
-
-
6 994
unemployment
-
-
-
207
total
-
-
-
48 858
Employee
30 570
-
81 372
-
pensions
2 040
-
5 428
-
income
5 125
-
18 000
-
other
-
-
-
-
health
780
-
2 076
-
unemployment
2 127
-
5 664
-
surtax
109
-
2 238
-
total
10 181
-
33 406
-
Employer
30 570
-
81 372
-
pensions
4 076
-
10 848
-
other
-
-
-
-
health
1 390
-
3 702
-
unemployment
970
-
2 579
-
total
6 436
-
17 129
-
Corporate
61 494
98 500
-
-
income
15 988
25 611
-
-
total
15 988
25 611
-
-
Dividends
45 506
72 889
-
-
withholding
6 825
10 934
-
-
total
6 825
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 430
36 545
50 535
48 858
After tax
59 070
61 955
47 965
49 642
Living cost
20 389
20 389
20 389
20 389
Free-cash
38 681
41 566
27 576
29 253

Estimated living cost  is ₽20389 per week

₽12310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25178
₽25304
₽20516
₽27320
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
21 464
social contributions
-
-
-
25 333
municipal
-
-
-
586
regional
-
-
-
1 486
total
-
-
-
48 869
Employee
50 355
-
98 500
-
social contributions
16 980
-
33 215
-
municipal
267
-
522
-
regional
678
-
1 325
-
national
7 978
-
18 469
-
total
25 903
-
53 531
-
Employer
50 355
-
98 500
-
total
-
-
-
-
Corporate
48 145
98 500
-
-
municipal
2 393
4 896
-
-
nationa
11 556
23 640
-
-
total
13 949
28 536
-
-
Dividends
34 197
69 964
-
-
withholding
8 891
18 191
-
-
total
8 891
18 191
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 743
46 727
53 531
48 869
After tax
49 757
51 773
44 969
49 631
Living cost
24 453
24 453
24 453
24 453
Free-cash
25 304
27 320
20 516
25 178

Estimated living cost  is ₽24453 per week

₽15208
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽419
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6350
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20179
₽30106
₽22190
₽40022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 298
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
40 875
-
73 508
-
income
4 905
-
8 821
-
social contributions
2 657
-
4 778
-
solidarity contribution
-
-
-
-
health
5 518
-
9 923
-
total
13 080
-
23 522
-
Employer
40 875
-
73 508
-
social contributions
10 219
-
18 377
-
health
3 679
-
6 616
-
total
13 898
-
24 993
-
Corporate
43 728
98 500
-
-
income
8 308
18 715
-
-
total
8 308
18 715
-
-
Dividends
35 419
79 785
-
-
withholding
5 313
11 968
-
-
total
5 313
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 599
30 683
48 515
50 526
After tax
57 901
67 817
49 985
47 974
Living cost
27 795
27 795
27 795
27 795
Free-cash
30 106
40 022
22 190
20 179

Estimated living cost  is ₽27795 per week

₽20670
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1540
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.
₽5104
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20459
₽25775
-₽42
₽26224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
-
chamber of commerce
-
-
-
394
pensions
-
-
-
18 222
income
-
-
-
17 361
health
-
-
-
7 535
unemployment
-
-
-
5 568
total
-
-
-
49 080
Employee
39 681
36 176
76 488
-
pensions
4 064
3 704
7 833
-
income
3 535
2 668
15 454
-
other
396
362
765
-
health
1 535
1 401
2 960
-
unemployment
1 190
1 085
2 295
-
total
10 720
9 220
29 307
-
Employer
39 681
36 176
76 488
-
surtax
-
-
-
-
pensions
4 980
4 541
9 599
-
other
1 885
1 717
3 633
-
health
1 500
1 368
2 891
-
unemployment
1 190
1 085
2 295
-
chamber of commerce
158
145
307
-
payroll
1 190
1 085
2 295
-
accident
515
470
994
-
total
11 418
10 411
22 014
-
Corporate
47 399
51 913
73 043
-
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.

11 850
12 978
18 260
-
total
11 850
12 978
18 260
-
Dividends
35 549
38 934
-
-
withholding
9 776
10 706
-
-
total
9 776
10 706
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 764
43 315
69 581
49 080
After tax
54 736
55 185
28 919
49 420
Living cost
28 961
28 961
28 961
28 961
Free-cash
25 775
26 224
-42
20 459

Estimated living cost  is ₽28961 per week

₽17373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2958
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86024
₽79929
₽67309
₽82084
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
14 364
-
98 500
-
income
2 873
-
19 700
-
total
2 873
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 136
98 500
-
-
total
-
-
-
-
Dividends
84 136
98 500
-
-
withholding
4 207
4 925
-
-
total
4 207
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 080
4 925
19 700
985
After tax
91 420
93 575
78 800
97 515
Living cost
11 491
11 491
11 491
11 491
Free-cash
79 929
82 084
67 309
86 024

Estimated living cost  is ₽11491 per week

₽7776
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽482
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26275
₽35877
₽23450
₽43470
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
pensions
-
-
-
17 988
income
-
-
-
20 048
health
-
-
-
9 693
unemployment
-
-
-
148
total
-
-
-
47 877
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.

40 142
-
85 229
-
pensions
6 222
-
13 211
-
income
6 922
-
18 594
-
health
2 593
-
5 506
-
unemployment
57
-
119
-
total
15 794
-
37 430
-
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.

40 142
-
85 229
-
pensions
3 552
-
7 544
-
health
2 674
-
5 676
-
unemployment
24
-
52
-
total
6 250
-
13 272
-
Corporate
52 109
98 500
-
-
income
9 900
18 715
-
-
total
9 900
18 715
-
-
Dividends
42 209
79 785
-
-
withholding
6 331
11 967
-
-
total
6 331
11 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 275
30 682
50 702
47 877
After tax
60 225
67 818
47 798
50 623
Living cost
24 348
24 348
24 348
24 348
Free-cash
35 877
43 470
23 450
26 275

Estimated living cost  is ₽24348 per week

₽16710
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1561
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.
₽5607
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26341
-₽45700
₽44047
₽18197
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
11 229
income
-
-
-
19 200
total
-
-
-
30 429
Employee
59 834
-
-
-
income
13 198
-
-
-
social contributions
4 906
-
699
-
total
18 104
-
699
-
Employer
59 834
-
-
-
social contributions
84 366
-
12 024
-
total
84 366
-
12 024
-
Corporate
-
98 500
-
-
income
-
21 670
-
-
total
-
21 670
-
-
Dividends
-
76 830
-
-
income
-
16 903
-
-
total
-
16 903
-
-
Income
98 500
98 500
98 500
98 500
Total tax
102 470
38 573
12 723
30 429
After tax
-3 970
59 927
85 777
68 071
Living cost
41 730
41 730
41 730
41 730
Free-cash
-45 700
18 197
44 047
26 341

Estimated living cost  is ₽41730 per week

₽27076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3925
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26241
₽26638
₽20749
₽27552
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
income
-
-
-
9 556
total
-
-
-
43 785
Employee
41 750
-
79 596
-
income
8 684
-
21 617
-
social contributions
4 593
-
8 756
-
surtax
-
-
-
-
total
13 277
-
30 373
-
Employer
41 750
-
79 596
-
social contributions
9 916
-
18 904
-
total
9 916
-
18 904
-
Corporate
46 834
98 500
-
-
surtax
-
-
-
-
income
9 835
20 686
-
-
total
9 835
20 686
-
-
Dividends
37 000
77 814
-
-
withholding
10 360
21 788
-
-
total
10 360
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 388
42 474
49 277
43 785
After tax
55 112
56 026
49 223
54 715
Living cost
28 474
28 474
28 474
28 474
Free-cash
26 638
27 552
20 749
26 241

Estimated living cost  is ₽28474 per week

₽21304
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1680
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5015
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12660
₽12037
₽17065
₽5798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 054
surtax
-
-
-
-
pensions
-
-
-
23 415
social contributions
-
-
-
2 806
income
-
-
-
10 473
health
-
-
-
2 248
total
-
-
-
41 996
Employee
56 855
-
79 559
-
pensions
6 431
-
4 065
-
income
4 961
-
12 322
-
social contributions
1 619
-
2 267
-
surtax
-
-
-
-
total
13 011
-
18 654
-
Employer
56 855
-
79 559
-
pensions
9 342
-
7 107
-
other
1 962
-
2 744
-
social contributions
171
-
239
-
health
3 979
-
5 626
-
unemployment
2 303
-
3 221
-
total
17 757
-
18 937
-
Corporate
23 888
98 500
-
-
surtax
-
-
-
-
income
6 689
27 580
-
-
total
6 689
27 580
-
-
Dividends
17 199
70 920
-
-
surtax
-
-
-
-
withholding
2 202
9 078
-
-
social contributions
2 960
12 200
-
-
total
5 162
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 619
48 858
37 591
41 996
After tax
55 881
49 642
60 909
56 504
Living cost
43 844
43 844
43 844
43 844
Free-cash
12 037
5 798
17 065
12 660

Estimated living cost  is ₽43844 per week

₽29673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3587
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.
₽9983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47371
₽58313
₽49989
₽61363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
21 671
income
-
-
-
2 171
total
-
-
-
23 842
Employee
29 184
-
85 282
-
social contributions
1 897
-
5 544
-
income
-
-
2 462
-
total
1 897
-
8 006
-
Employer
29 184
-
85 282
-
social contributions
4 524
-
13 218
-
total
4 524
-
13 218
-
Corporate
64 793
98 500
-
-
income
6 479
9 850
-
-
total
6 479
9 850
-
-
Dividends
58 314
88 650
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
12 900
9 850
21 224
23 842
After tax
85 600
88 650
77 276
74 658
Living cost
27 287
27 287
27 287
27 287
Free-cash
58 313
61 363
49 989
47 371

Estimated living cost  is ₽27287 per week

₽17643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7073
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16980
-₽98967
-₽98967
-₽98967
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
10 566
labour market
-
-
-
7 817
pensions
-
-
-
786
municipal
-
-
-
18 702
total
-
-
-
37 871
Employee
184 230
184 230
184 230
-
pensions
262
262
262
-
labour market
14 717
14 717
14 717
-
municipal
39 231
39 231
39 231
-
national
22 507
22 507
22 507
-
total
76 717
76 717
76 717
-
Employer
184 230
184 230
184 230
-
labour market
14 738
14 738
14 738
-
pensions
524
524
524
-
national
22 546
22 546
22 546
-
municipal
39 293
39 293
39 293
-
total
77 101
77 101
77 101
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
153 818
153 818
153 818
37 871
After tax
-55 318
-55 318
-55 318
60 629
Living cost
43 649
43 649
43 649
43 649
Free-cash
-98 967
-98 967
-98 967
16 980

Estimated living cost  is ₽43649 per week

₽29874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽671
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47546
₽4908
₽31228
-₽12043
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
342
pensions
-
-
-
3 843
income
-
-
-
24 501
accident
-
-
-
233
health
-
-
-
2 014
total
-
-
-
30 933
Employee
31 494
-
84 829
-
pensions
3 546
-
7 047
-
income
4 321
-
16 821
-
health
3 606
-
9 713
-
total
11 473
-
33 581
-
Employer
31 494
-
84 829
-
pensions
5 121
-
10 176
-
unemployment
772
-
2 078
-
accident
526
-
1 416
-
total
6 419
-
13 670
-
Corporate
60 587
98 500
-
-
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.

54 528
88 650
-
-
total
54 528
88 650
-
-
Dividends
6 059
9 850
-
-
withholding
1 151
1 872
-
-
total
1 151
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 571
90 522
47 251
30 933
After tax
24 929
7 978
51 249
67 567
Living cost
20 021
20 021
20 021
20 021
Free-cash
4 908
-12 043
31 228
47 546

Estimated living cost  is ₽20021 per week

₽14573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1141
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽376
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3931
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34228
₽28876
₽20722
₽30052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
98 500
national
-
-
-
10 756
municipal
-
-
-
17 525
health
-
-
-
1 139
total
-
-
-
29 420
Employee
47 759
-
82 863
-
pensions
3 223
-
5 593
-
health
357
-
898
-
municipal
7 823
-
13 523
-
unemployment
717
-
1 244
-
national
789
-
6 032
-
total
12 909
-
27 290
-
Employer
47 759
-
82 863
-
pensions
8 286
-
14 377
-
health
367
-
637
-
unemployment
310
-
539
-
accident
48
-
83
-
total
9 011
-
15 636
-
Corporate
41 729
98 500
-
-
income
8 346
19 700
-
-
total
8 346
19 700
-
-
Dividends

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

25 037
59 100
-
-
municipal
4 506
10 637
-
-
national
-
3 259
-
-
total
4 506
13 896
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 772
33 596
42 926
29 420
After tax
63 728
64 904
55 574
69 080
Living cost
34 852
34 852
34 852
34 852
Free-cash
28 876
30 052
20 722
34 228

Estimated living cost  is ₽34852 per week

₽22765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3352
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8181
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48279
₽46100
₽47705
₽51041
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
14 687
income
-
-
-
12 005
health
-
-
-
2 512
total
-
-
-
29 204
Employee
69 803
69 803
89 423
-
income
7 600
6 462
11 759
-
social contributions
2 639
5 793
7 423
-
health
541
1 187
1 519
-
total
10 780
13 442
20 701
-
Employer
69 803
69 803
89 423
-
social contributions
2 639
5 793
7 423
-
health
587
1 292
1 654
-
total
3 226
7 085
9 077
-
Corporate
63 476
21 612
-
-
income
7 935
2 701
-
-
total
7 935
2 701
-
-
Dividends
55 541
18 911
-
-
withholding
9 442
3 214
-
-
total
9 442
3 214
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 383
26 442
29 778
29 204
After tax
67 117
72 058
68 722
69 296
Living cost
21 017
21 017
21 017
21 017
Free-cash
46 100
51 041
47 705
48 279

Estimated living cost  is ₽21017 per week

₽12596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65488
₽62538
₽47278
₽67155
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
98 500
pensions
-
-
-
5 774
income
-
-
-
9 514
health
-
-
-
3 285
unemployment
-
-
-
26
total
-
-
-
18 599
Employee

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

20 836
-
89 628
-
pensions
3 125
-
12 920
-
income
1 425
-
7 265
-
health
1 771
-
7 321
-
unemployment
103
-
431
-
total
6 424
-
27 937
-
Employer

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

20 836
-
89 628
-
pensions
1 146
-
4 737
-
health
896
-
3 704
-
unemployment
103
-
431
-
total
2 145
-
8 872
-
Corporate
75 519
98 500
-
-
income
6 796
8 865
-
-
total
6 796
8 865
-
-
Dividends
68 723
89 635
-
-
withholding
6 184
8 067
-
-
total
6 184
8 067
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 549
16 932
36 809
18 599
After tax
76 951
81 568
61 691
79 901
Living cost
14 413
14 413
14 413
14 413
Free-cash
62 538
67 155
47 278
65 488

Estimated living cost  is ₽14413 per week

₽9196
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1039
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.
₽3748
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28594
₽36624
₽26507
₽41387
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
84
pensions
-
-
-
23 811
income
-
-
-
19 701
accident
-
-
-
758
unemployment
-
-
-
589
total
-
-
-
44 943
Employee
33 565
-
74 689
-
pensions
1 578
-
3 511
-
income
6 471
-
18 476
-
other
33
-
74
-
unemployment
520
-
1 158
-
total
8 602
-
23 219
-
Employer
33 565
-
74 689
-
pensions
7 921
-
17 626
-
other
269
-
598
-
unemployment
1 847
-
4 109
-
accident
665
-
1 478
-
total
10 702
-
23 811
-
Corporate
54 233
98 500
-
-
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.

8 134
14 775
-
-
total
8 134
14 775
-
-
Dividends
46 099
83 725
-
-
withholding
9 475
17 375
-
-
total
9 475
17 375
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 913
32 150
47 030
44 943
After tax
61 587
66 350
51 470
53 557
Living cost
24 963
24 963
24 963
24 963
Free-cash
36 624
41 387
26 507
28 594

Estimated living cost  is ₽24963 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽438
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61438
₽59567
₽61322
₽59834
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
1 189
income
-
-
-
33 381
health
-
-
-
862
total
-
-
-
35 432
Employee
2 483
-
97 162
-
pensions
223
-
535
-
income
480
-
33 319
-
health
124
-
297
-
unemployment
25
-
59
-
total
852
-
34 210
-
Employer
2 483
-
97 162
-
pensions
273
-
654
-
health
236
-
565
-
unemployment
50
-
119
-
total
559
-
1 338
-
Corporate
95 458
98 500
-
-
income
21 001
21 670
-
-
total
21 001
21 670
-
-
Dividends
74 457
76 830
-
-
withholding
14 891
15 366
-
-
total
14 891
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 303
37 036
35 548
35 432
After tax
61 197
61 464
62 952
63 068
Living cost
1 630
1 630
1 630
1 630
Free-cash
59 567
59 834
61 322
61 438

Estimated living cost  is ₽1630 per week

₽969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽132
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽37
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37385
₽51033
₽37387
₽55491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
pensions
-
-
-
17 417
income
-
-
-
20 118
health
-
-
-
6 900
unemployment
-
-
-
1 005
total
-
-
-
45 440
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.

23 637
-
86 509
-
pensions
3 309
-
9 378
-
income
3 258
-
20 118
-
health
1 217
-
3 450
-
unemployment
177
-
502
-
total
7 961
-
33 448
-
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.

23 637
-
86 509
-
pensions
2 836
-
8 038
-
health
1 217
-
3 450
-
unemployment
177
-
502
-
total
4 230
-
11 990
-
Corporate
70 632
98 500
-
-
income
10 595
14 775
-
-
total
10 595
14 775
-
-
Dividends
60 037
83 725
-
-
withholding
9 006
12 559
-
-
total
9 006
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 792
27 334
45 438
45 440
After tax
66 708
71 166
53 062
53 060
Living cost
15 675
15 675
15 675
15 675
Free-cash
51 033
55 491
37 387
37 385

Estimated living cost  is ₽15675 per week

₽10554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1213
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3455
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30242
₽31225
₽24750
₽31553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
income
-
-
-
9 556
total
-
-
-
43 785
Employee
35 232
-
79 596
-
income
6 884
-
21 617
-
social contributions
3 876
-
8 756
-
surtax
-
-
-
-
total
10 760
-
30 373
-
Employer
35 232
-
79 596
-
social contributions
8 367
-
18 904
-
total
8 367
-
18 904
-
Corporate
54 901
98 500
-
-
surtax
-
-
-
-
income
11 530
20 686
-
-
total
11 530
20 686
-
-
Dividends
43 371
77 814
-
-
withholding
12 145
21 788
-
-
total
12 145
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 802
42 474
49 277
43 785
After tax
55 698
56 026
49 223
54 715
Living cost
24 473
24 473
24 473
24 473
Free-cash
31 225
31 553
24 750
30 242

Estimated living cost  is ₽24473 per week

₽17333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1700
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽434
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5006
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21654
₽27525
₽19567
₽34447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
84
pensions
-
-
-
23 811
income
-
-
-
19 701
accident
-
-
-
758
unemployment
-
-
-
589
total
-
-
-
44 943
Employee
43 841
-
74 689
-
pensions
2 060
-
3 511
-
income
9 157
-
18 476
-
other
43
-
74
-
unemployment
679
-
1 158
-
total
11 939
-
23 219
-
Employer
43 841
-
74 689
-
pensions
10 346
-
17 626
-
other
351
-
598
-
unemployment
2 412
-
4 109
-
accident
868
-
1 478
-
total
13 977
-
23 811
-
Corporate
40 681
98 500
-
-
income

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

6 102
14 775
-
-
total
6 102
14 775
-
-
Dividends
34 580
83 725
-
-
withholding
7 054
17 375
-
-
total
7 054
17 375
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 072
32 150
47 030
44 943
After tax
59 428
66 350
51 470
53 557
Living cost
31 903
31 903
31 903
31 903
Free-cash
27 525
34 447
19 567
21 654

Estimated living cost  is ₽31903 per week

₽22911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2481
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6062
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59785
₽63194
₽62996
₽68694
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions

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

-
-
-
4 665
income
-
-
-
14 775
health
-
-
-
3 625
unemployment
-
-
-
126
total
-
-
-
23 191
Employee
20 556
-
92 316
-
pensions

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

1 805
-
2 768
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
income
2 056
-
9 231
-
health
946
-
1 450
-
total
5 033
-
13 796
-
Employer
20 556
-
92 316
-
pensions

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

2 265
-
3 473
-
health
1 418
-
2 175
-
unemployment
123
-
189
-
accident

We are using the highest rate at 1.1%.

226
-
347
-
total
4 032
-
6 184
-
Corporate
73 912
98 500
-
-
income
7 391
9 850
-
-
total
7 391
9 850
-
-
Dividends
66 521
88 650
-
-
withholding
3 326
4 432
-
-
total
3 326
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 782
14 282
19 980
23 191
After tax
78 718
84 218
78 520
75 309
Living cost
15 524
15 524
15 524
15 524
Free-cash
63 194
68 694
62 996
59 785

Estimated living cost  is ₽15524 per week

₽10267
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽889
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽370
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3998
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25968
₽27623
₽34046
₽15747
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
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.

-
-
-
1 209
trade
-
-
-
8 078
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.

-
-
-
21 997
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.

-
-
-
6 202
total
-
-
-
37 486
Employee

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

45 167
-
98 500
-
income

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

3 714
-
21 997
-
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.

6 202
-
6 202
-
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.

205
-
1 209
-
total
10 121
-
29 408
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 333
98 500
-
-
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.

439
813
-
-
income
8 000
14 775
-
-
trade
7 654
14 134
-
-
chamber of commerce
215
283
-
-
total
16 308
30 005
-
-
Dividends
37 025
68 495
-
-
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.

491
923
-
-
withholding
8 911
16 779
-
-
total
9 402
17 702
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 831
47 707
29 408
37 486
After tax
62 669
50 793
69 092
61 014
Living cost
35 046
35 046
35 046
35 046
Free-cash
27 623
15 747
34 046
25 968

Estimated living cost  is ₽35046 per week

₽24176
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3771
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.
₽6591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13472
₽19244
₽13472
₽17241
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
24 396
social contributions
-
-
-
8 922
total
-
-
-
33 318
Employee
71 007
-
98 500
-
income
13 399
-
24 396
-
social contributions
5 899
-
8 922
-
total
19 298
-
33 318
-
Employer
71 007
-
98 500
-
total
-
-
-
-
Corporate
27 493
98 500
-
-
income
3 437
12 312
-
-
total
3 437
12 312
-
-
Dividends
24 056
86 188
-
-
withholding
4 811
17 237
-
-
total
4 811
17 237
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 546
29 549
33 318
33 318
After tax
70 954
68 951
65 182
65 182
Living cost
51 710
51 710
51 710
51 710
Free-cash
19 244
17 241
13 472
13 472

Estimated living cost  is ₽51710 per week

₽39340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34213
₽29450
₽39508
₽26277
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
income
-
-
-
25 840
health

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

-
-
-
5 495
total
-
-
-
31 335
Employee
41 643
-
94 324
-
social contributions
4 172
-
4 176
-
income
4 519
-
17 688
-
total
8 691
-
21 864
-
Employer
41 643
-
94 324
-
social contributions
4 172
-
4 176
-
total
4 172
-
4 176
-
Corporate
52 685
98 500
-
-
income
18 439
34 475
-
-
total
18 439
34 475
-
-
Dividends
34 246
64 025
-
-
social contributions
4 796
4 796
-
-
total
4 796
4 796
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 098
39 271
26 040
31 335
After tax
62 402
59 229
72 460
67 165
Living cost
32 952
32 952
32 952
32 952
Free-cash
29 450
26 277
39 508
34 213

Estimated living cost  is ₽32952 per week

₽21705
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2598
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36470
₽35424
₽27559
₽37576
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
6 881
income
-
-
-
21 832
total
-
-
-
28 713
Employee
45 733
-
86 596
-
pensions
3 491
-
8 396
-
income
8 328
-
15 890
-
health
597
-
1 434
-
total
12 416
-
25 720
-
Employer
45 733
-
86 596
-
pensions
4 620
-
10 258
-
health
869
-
1 646
-
total
5 489
-
11 904
-
Corporate
47 277
98 500
-
-
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.

8 982
18 715
-
-
total
8 982
18 715
-
-
Dividends
38 295
79 785
-
-
withholding
2 872
8 892
-
-
total
2 872
8 892
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 759
27 607
37 624
28 713
After tax
68 741
70 893
60 876
69 787
Living cost
33 317
33 317
33 317
33 317
Free-cash
35 424
37 576
27 559
36 470

Estimated living cost  is ₽33317 per week

₽22856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3064
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6979
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45564
₽4604
₽29246
-₽14025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
342
pensions
-
-
-
3 843
income
-
-
-
24 501
accident
-
-
-
233
health
-
-
-
2 014
total
-
-
-
30 933
Employee
34 612
-
84 829
-
pensions
3 897
-
7 047
-
income
4 748
-
16 821
-
health
3 963
-
9 713
-
total
12 608
-
33 581
-
Employer
34 612
-
84 829
-
pensions
5 628
-
10 176
-
unemployment
848
-
2 078
-
accident
578
-
1 416
-
total
7 054
-
13 670
-
Corporate
56 835
98 500
-
-
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.

51 151
88 650
-
-
total
51 151
88 650
-
-
Dividends
5 684
9 850
-
-
withholding
1 080
1 872
-
-
total
1 080
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 893
90 522
47 251
30 933
After tax
26 607
7 978
51 249
67 567
Living cost
22 003
22 003
22 003
22 003
Free-cash
4 604
-14 025
29 246
45 564

Estimated living cost  is ₽22003 per week

₽16148
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽43854
₽67073
₽51008
₽70644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
98 500
pensions
-
-
-
18 124
work injury
-
-
-
492
health insurance
-
-
-
7 289
income
-
-
-
15 315
unemployment
-
-
-
1 182
total
-
-
-
42 402
Employee

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

19 591
-
98 500
-
pensions
3 605
-
13 337
-
income
1 959
-
15 315
-
health insurance
1 450
-
5 364
-
unemployment
235
-
870
-
work injury
98
-
362
-
total
7 347
-
35 248
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 909
98 500
-
-
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%.

-
985
-
-
total
-
985
-
-
Dividends
78 909
97 515
-
-
withholding
11 836
14 627
-
-
total
11 836
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 183
15 612
35 248
42 402
After tax
79 317
82 888
63 252
56 098
Living cost
12 244
12 244
12 244
12 244
Free-cash
67 073
70 644
51 008
43 854

Estimated living cost  is ₽12244 per week

₽7586
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12843
₽11590
₽8337
₽15720
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
21 464
social contributions
-
-
-
25 333
municipal
-
-
-
658
regional
-
-
-
2 039
total
-
-
-
49 494
Employee
76 494
-
98 500
-
social contributions
25 793
-
33 215
-
municipal
457
-
587
-
regional
1 155
-
1 729
-
national
12 927
-
18 469
-
total
40 332
-
54 000
-
Employer
76 494
-
98 500
-
total
-
-
-
-
Corporate
22 006
98 500
-
-
municipal
1 061
4 748
-
-
nationa
5 282
23 640
-
-
total
6 343
28 388
-
-
Dividends
15 663
70 112
-
-
withholding
4 072
18 229
-
-
total
4 072
18 229
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 747
46 617
54 000
49 494
After tax
47 753
51 883
44 500
49 006
Living cost
36 163
36 163
36 163
36 163
Free-cash
11 590
15 720
8 337
12 843

Estimated living cost  is ₽36163 per week

₽25402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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