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
₽31463
₽40847
₽20920
₽32314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 513
trade
-
-
-
8 533
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.

-
-
-
21 104
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.

-
-
-
1 161
total
-
-
-
37 311
Employee

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

36 462
-
98 500
-
health

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

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

6 513
-
6 513
-
income

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

1 018
-
21 104
-
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.

56
-
1 161
-
total
7 587
-
28 778
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 038
98 500
-
-
income
9 306
14 775
-
-
chamber of commerce
233
286
-
-
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.

512
812
-
-
trade
9 771
15 514
-
-
total
19 822
31 387
-
-
Dividends
42 216
67 113
-
-
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.

561
903
-
-
withholding
10 192
16 415
-
-
total
10 753
17 318
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 162
48 705
28 778
37 311
After tax
60 338
49 795
69 722
61 189
Living cost
28 875
28 875
28 875
28 875
Free-cash
31 463
20 920
40 847
32 314

Estimated living cost  is ₽28875 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11532
₽11070
₽12348
₽10297
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 059
municipal
-
-
-
10 279
pensions
-
-
-
11 820
national
-
-
-
15 929
total
-
-
-
39 087
Employee
76 139
-
85 152
-
pensions
3 046
-
3 406
-
municipal
9 404
-
10 661
-
national
14 573
-
16 520
-
total
27 023
-
30 587
-
Employer
76 139
-
85 152
-
pensions
6 091
-
6 812
-
social contributions
818
-
915
-
total
6 909
-
7 727
-
Corporate
10 426
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%.

2 085
19 700
-
-
total
2 085
19 700
-
-
Dividends
8 341
78 800
-
-
withholding
1 835
17 336
-
-
total
1 835
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 852
37 036
38 314
39 087
After tax
60 648
61 464
60 186
59 413
Living cost
49 116
49 116
49 116
49 116
Free-cash
11 532
12 348
11 070
10 297

Estimated living cost  is ₽49116 per week

₽33384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4566
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽735
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10432
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51147
₽35650
₽58966
₽32713
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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
-
-
-
14 286
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
45 954
Employee
27 856
-
79 378
-
social contributions

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

3 065
-
8 732
-
income
4 959
-
15 163
-
surtax
-
-
-
-
total
8 024
-
23 895
-
Employer
27 856
-
79 378
-
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.

6 710
-
19 122
-
total
6 710
-
19 122
-
Corporate
63 934
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%.

12 786
19 701
-
-
total
12 786
19 701
-
-
Dividends

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

51 148
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 520
19 701
43 017
45 954
After tax
70 980
78 799
55 483
52 546
Living cost
19 833
19 833
19 833
19 833
Free-cash
51 147
58 966
35 650
32 713

Estimated living cost  is ₽19833 per week

₽12653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1889
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.
₽4841
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1956
₽8628
₽7796
₽15957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 603
income
-
-
-
19 836
pensions
-
-
-
11 169
total
-
-
-
42 608
Employee
81 408
81 408
83 823
-
pensions
14 653
11 169
11 169
-
health
12 495
10 628
10 766
-
income

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

13 325
13 325
13 325
-
total
40 473
35 122
35 260
-
Employer
81 408
81 408
83 823
-
pensions
5 666
5 666
5 834
-
health
5 659
5 659
5 825
-
unemployment
2 931
2 931
3 018
-
total
14 256
14 256
14 677
-
Corporate
3 836
2 837
-
-
income
767
568
-
-
total
767
568
-
-
Dividends
3 069
2 269
-
-
income
653
483
-
-
withholding
460
340
-
-
total
1 113
823
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 609
50 769
49 937
42 608
After tax
41 891
47 731
48 563
55 892
Living cost
39 935
39 935
39 935
39 935
Free-cash
1 956
7 796
8 628
15 957

Estimated living cost  is ₽39935 per week

₽28301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽635
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽13864
₽13560
₽14740
₽12689
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
171
health
-
-
-
5 339
municipal
-
-
-
21 981
pensions
-
-
-
9 250
other
-
-
-
9 943
unemployment
-
-
-
86
national
-
-
-
-
total
-
-
-
46 770
Employee
55 630
-
74 951
-
municipal
16 589
-
22 350
-
national
-
-
-
-
total
16 589
-
22 350
-
Employer
55 630
-
74 951
-
pensions
6 014
-
8 102
-
other
6 464
-
8 709
-
health
3 421
-
4 609
-
unemployment
1 469
-
1 979
-
accident
111
-
150
-
total
17 479
-
23 549
-
Corporate
25 391
98 500
-
-
income
5 586
21 670
-
-
total
5 586
21 670
-
-
Dividends
19 805
76 830
-
-
withholding
5 941
23 049
-
-
total
5 941
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 595
44 719
45 899
46 770
After tax
52 905
53 781
52 601
51 730
Living cost
39 041
39 041
39 041
39 041
Free-cash
13 864
14 740
13 560
12 689

Estimated living cost  is ₽39041 per week

₽25875
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3831
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8742
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25231
₽32273
₽11838
₽23362
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 513
trade
-
-
-
8 911
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.

-
-
-
21 104
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.

-
-
-
1 161
total
-
-
-
37 689
Employee

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

48 344
-
98 500
-
health

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

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

6 513
-
6 513
-
income

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

4 154
-
21 104
-
surtax

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

228
-
1 161
-
total
10 895
-
28 778
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 156
98 500
-
-
income
7 524
14 775
-
-
chamber of commerce
215
284
-
-
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.

414
812
-
-
trade
8 251
16 204
-
-
total
16 404
32 075
-
-
Dividends
33 752
66 425
-
-
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.

445
894
-
-
withholding
8 076
16 244
-
-
total
8 521
17 138
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 820
49 213
28 778
37 689
After tax
62 680
49 287
69 722
60 811
Living cost
37 449
37 449
37 449
37 449
Free-cash
25 231
11 838
32 273
23 362

Estimated living cost  is ₽37449 per week

₽25046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37209
₽38424
₽41162
₽38523
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 366
health
-
-
-
2 511
income
-
-
-
11 180
total
-
-
-
29 057
Employee
73 304
73 304
89 424
-
health
729
1 246
1 520
-
social contributions
3 562
6 084
7 423
-
income
7 698
6 786
11 137
-
total
11 989
14 116
20 080
-
Employer
73 304
73 304
89 424
-
health
794
1 357
1 653
-
social contributions
3 562
6 084
7 423
-
total
4 356
7 441
9 076
-
Corporate
51 235
17 755
-
-
income
6 404
2 220
-
-
total
6 404
2 220
-
-
Dividends
44 831
15 536
-
-
withholding
7 622
2 641
-
-
total
7 622
2 641
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 371
26 418
29 156
29 057
After tax
68 129
72 082
69 344
69 443
Living cost
30 920
30 920
30 920
30 920
Free-cash
37 209
41 162
38 424
38 523

Estimated living cost  is ₽30920 per week

₽21137
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2415
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.
₽6849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38179
₽39428
₽37812
₽50563
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 895
income
-
-
-
12 042
pensions
-
-
-
9 850
unemployment
-
-
-
1 477
total
-
-
-
30 264
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.

25 511
10 153
82 427
-
unemployment
383
152
1 236
-
pensions
2 551
1 015
8 243
-
health
1 786
711
5 770
-
income
3 119
1 241
10 077
-
total
7 839
3 119
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.

25 511
10 153
82 427
-
pensions
4 975
1 980
16 073
-
total
4 975
1 980
16 073
-
Corporate
68 014
86 367
-
-
income
6 121
7 773
-
-
total
6 121
7 773
-
-
Dividends
61 893
78 594
-
-
social contributions
11 953
15 210
-
-
withholding
11 760
14 933
-
-
total
23 713
30 143
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 648
43 015
41 399
30 264
After tax
55 852
55 485
57 101
68 236
Living cost
17 673
17 673
17 673
17 673
Free-cash
38 179
37 812
39 428
50 563

Estimated living cost  is ₽17673 per week

₽12060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1446
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3814
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49852
₽33745
₽55773
₽29769
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 805
income
-
-
-
13 199
pensions
-
-
-
19 701
total
-
-
-
45 705
Employee
27 044
-
73 616
-
unemployment
432
-
1 178
-
pensions
541
-
1 473
-
income
3 045
-
14 194
-
total
4 018
-
16 845
-
Employer
27 044
-
73 616
-
pensions
5 409
-
14 724
-
health
3 515
-
9 570
-
unemployment
217
-
590
-
total
9 141
-
24 884
-
Corporate
62 315
98 500
-
-
income
12 463
19 701
-
-
total
12 463
19 701
-
-
Dividends
49 853
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 622
19 701
41 729
45 705
After tax
72 878
78 799
56 771
52 795
Living cost
23 026
23 026
23 026
23 026
Free-cash
49 852
55 773
33 745
29 769

Estimated living cost  is ₽23026 per week

₽15793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1371
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5398
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4706
₽29631
-₽13355
₽46262
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
health
-
-
-
2 115
income
-
-
-
24 151
pensions
-
-
-
4 035
other
-
-
-
359
total
-
-
-
30 905
Employee
33 558
-
84 342
-
pensions
3 779
-
7 398
-
health
3 842
-
9 657
-
income
4 604
-
16 324
-
total
12 225
-
33 379
-
Employer
33 558
-
84 342
-
pensions
5 457
-
10 683
-
unemployment
822
-
2 066
-
accident
560
-
1 408
-
total
6 839
-
14 157
-
Corporate
58 103
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.

52 293
88 650
-
-
total
52 293
88 650
-
-
Dividends
5 810
9 850
-
-
withholding
1 104
1 872
-
-
total
1 104
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 461
90 522
47 536
30 905
After tax
26 039
7 978
50 964
67 595
Living cost
21 333
21 333
21 333
21 333
Free-cash
4 706
-13 355
29 631
46 262

Estimated living cost  is ₽21333 per week

₽15635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽445
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4071
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Gdansk model

Close
Batumi , Georgia
₽84274
₽70968
₽85743
₽89683
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 789
-
98 500
-
income
1 958
-
19 700
-
total
1 958
-
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%.

88 711
98 500
-
-
total
-
-
-
-
Dividends
88 711
98 500
-
-
withholding
4 436
4 925
-
-
total
4 436
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 394
4 925
19 700
985
After tax
92 106
93 575
78 800
97 515
Living cost
7 832
7 832
7 832
7 832
Free-cash
84 274
85 743
70 968
89 683

Estimated living cost  is ₽7832 per week

₽4854
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽651
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽215
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40528
₽32088
₽46967
₽27934
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
4 335
income
-
-
-
12 511
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.

-
-
-
23 641
other
-
-
-
4 678
total
-
-
-
45 165
Employee
34 613
-
78 673
-
unemployment
346
-
787
-
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.

2 422
-
5 509
-
health
485
-
1 102
-
income
5 959
-
13 785
-
total
9 212
-
21 183
-
Employer
34 613
-
78 673
-
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.

5 885
-
13 374
-
other
1 731
-
3 935
-
health
485
-
1 102
-
unemployment
346
-
787
-
accident
277
-
630
-
total
8 724
-
19 828
-
Corporate
55 164
98 500
-
-
income
11 585
20 685
-
-
total
11 585
20 685
-
-
Dividends
43 578
77 815
-
-
withholding
3 050
5 447
-
-
total
3 050
5 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 571
26 132
41 011
45 165
After tax
65 929
72 368
57 489
53 335
Living cost
25 401
25 401
25 401
25 401
Free-cash
40 528
46 967
32 088
27 934

Estimated living cost  is ₽25401 per week

₽17948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1492
-₽665
₽9355
₽8061
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 227
pensions
-
-
-
7 058
total
-
-
-
28 285
Employee
87 939
-
86 649
-
pensions
8 484
-
8 328
-
health
1 449
-
1 422
-
income
15 852
-
15 410
-
total
25 785
-
25 160
-
Employer
87 939
-
86 649
-
pensions
10 383
-
10 205
-
health
1 670
-
1 646
-
total
12 053
-
11 851
-
Corporate
-
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.

-
18 715
-
-
total
-
18 715
-
-
Dividends
-
79 785
-
-
withholding
-
8 276
-
-
total
-
8 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 838
26 991
37 011
28 285
After tax
60 662
71 509
61 489
70 215
Living cost
62 154
62 154
62 154
62 154
Free-cash
-1 492
9 355
-665
8 061

Estimated living cost  is ₽62154 per week

₽46573
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7303
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽506
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67300
₽65463
₽71725
₽62347
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 827
income
-
-
-
14 775
pensions

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

-
-
-
4 926
unemployment
-
-
-
133
total
-
-
-
23 661
Employee
16 541
-
91 970
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
pensions

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

1 452
-
2 922
-
health
761
-
1 531
-
income
1 654
-
9 197
-
total
4 049
-
14 016
-
Employer
16 541
-
91 970
-
pensions

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

1 823
-
3 667
-
health
1 142
-
2 296
-
unemployment
99
-
200
-
accident

We are using the highest rate at 1.1%.

182
-
366
-
total
3 246
-
6 529
-
Corporate
78 713
98 500
-
-
income
7 871
9 850
-
-
total
7 871
9 850
-
-
Dividends
70 842
88 650
-
-
withholding
3 542
4 433
-
-
total
3 542
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 708
14 283
20 545
23 661
After tax
79 792
84 217
77 955
74 839
Living cost
12 492
12 492
12 492
12 492
Free-cash
67 300
71 725
65 463
62 347

Estimated living cost  is ₽12492 per week

₽7293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽892
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽331
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3976
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5357
-₽4299
-₽5131
₽3030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 603
income
-
-
-
19 836
pensions
-
-
-
11 169
total
-
-
-
42 608
Employee
88 382
81 408
83 823
-
pensions
11 169
11 169
11 169
-
health
11 026
10 628
10 766
-
income

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

13 325
13 325
13 325
-
total
35 520
35 122
35 260
-
Employer
88 382
81 408
83 823
-
pensions
6 151
5 666
5 834
-
health
6 142
5 659
5 825
-
unemployment
3 182
2 931
3 018
-
total
15 475
14 256
14 677
-
Corporate
-
2 837
-
-
income
-
568
-
-
total
-
568
-
-
Dividends
-
2 269
-
-
income
-
483
-
-
withholding
-
340
-
-
total
-
823
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 995
50 769
49 937
42 608
After tax
47 505
47 731
48 563
55 892
Living cost
52 862
52 862
52 862
52 862
Free-cash
-5 357
-5 131
-4 299
3 030

Estimated living cost  is ₽52862 per week

₽38994
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35503
₽26166
₽43999
₽24156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 298
income
-
-
-
8 466
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
35 026
-
73 507
-
solidarity contribution
-
-
-
-
health
4 729
-
9 924
-
social contributions
2 277
-
4 778
-
income
4 203
-
8 821
-
total
11 209
-
23 523
-
Employer
35 026
-
73 507
-
health
3 152
-
6 616
-
social contributions
8 756
-
18 377
-
total
11 908
-
24 993
-
Corporate
51 565
98 500
-
-
income
9 797
18 715
-
-
total
9 797
18 715
-
-
Dividends
41 768
79 785
-
-
withholding
6 265
11 968
-
-
total
6 265
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 179
30 683
48 516
50 526
After tax
59 321
67 817
49 984
47 974
Living cost
23 818
23 818
23 818
23 818
Free-cash
35 503
43 999
26 166
24 156

Estimated living cost  is ₽23818 per week

₽16544
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1694
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5111
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7349
₽5428
₽12327
₽10116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 334
municipal
-
-
-
586
regional
-
-
-
1 092
national
-
-
-
21 146
total
-
-
-
48 158
Employee
84 723
-
98 500
-
regional
799
-
957
-
municipal
449
-
523
-
national
14 681
-
18 152
-
social contributions
28 569
-
33 214
-
total
44 498
-
52 846
-
Employer
84 723
-
98 500
-
total
-
-
-
-
Corporate
13 777
98 500
-
-
municipal
537
3 841
-
-
nationa
3 307
23 641
-
-
total
3 844
27 482
-
-
Dividends
9 933
71 019
-
-
withholding
2 583
18 465
-
-
total
2 583
18 465
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 925
45 947
52 846
48 158
After tax
47 575
52 553
45 654
50 342
Living cost
40 226
40 226
40 226
40 226
Free-cash
7 349
12 327
5 428
10 116

Estimated living cost  is ₽40226 per week

₽28040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8930
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37955
₽27403
₽40919
₽29314
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 994
income
-
-
-
18 890
surtax
-
-
-
2 348
pensions
-
-
-
19 701
other
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
48 150
Employee
31 525
-
81 372
-
unemployment
2 194
-
5 664
-
pensions
2 102
-
5 427
-
health
805
-
2 075
-
income
5 284
-
17 638
-
other
-
-
-
-
surtax
103
-
2 129
-
total
10 488
-
32 933
-
Employer
31 525
-
81 372
-
pensions
4 202
-
10 847
-
other
-
-
-
-
health
1 435
-
3 701
-
unemployment
999
-
2 580
-
total
6 636
-
17 128
-
Corporate
60 339
98 500
-
-
income
15 688
25 611
-
-
total
15 688
25 611
-
-
Dividends
44 651
72 889
-
-
withholding
6 697
10 934
-
-
total
6 697
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 509
36 545
50 061
48 150
After tax
58 991
61 955
48 439
50 350
Living cost
21 036
21 036
21 036
21 036
Free-cash
37 955
40 919
27 403
29 314

Estimated living cost  is ₽21036 per week

₽12862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1941
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24025
₽19027
₽29047
₽27753
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 227
pensions
-
-
-
7 058
total
-
-
-
28 285
Employee
58 934
-
86 649
-
pensions
5 002
-
8 328
-
health
856
-
1 422
-
income
10 614
-
15 410
-
total
16 472
-
25 160
-
Employer
58 934
-
86 649
-
pensions
6 380
-
10 205
-
health
1 120
-
1 646
-
total
7 500
-
11 851
-
Corporate
32 066
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.

6 093
18 715
-
-
total
6 093
18 715
-
-
Dividends
25 973
79 785
-
-
withholding
1 948
8 276
-
-
total
1 948
8 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 013
26 991
37 011
28 285
After tax
66 487
71 509
61 489
70 215
Living cost
42 462
42 462
42 462
42 462
Free-cash
24 025
29 047
19 027
27 753

Estimated living cost  is ₽42462 per week

₽31812
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3183
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.
₽7022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽242
₽657
-₽31617
₽5618
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
250
pensions
-
-
-
9 061
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.

-
-
-
1 971
regional
-
-
-
3 323
city
-
-
-
1 038
national
-
-
-
581
total
-
-
-
16 224
Employee
89 710
-
88 162
-
unemployment
-
-
-
-
pensions
7 537
-
7 405
-
regional
2 938
-
2 853
-
national
425
-
413
-
health
203
-
199
-
city
963
-
947
-
total
12 066
-
11 817
-
Employer
89 710
-
88 162
-
pensions
7 537
-
7 405
-
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.

1 794
-
1 764
-
health
203
-
199
-
unemployment
-
-
-
-
total
9 534
-
9 368
-
Corporate
-
98 500
-
-
regional
-
20 833
-
-
national
-
8 372
-
-
total
-
29 205
-
-
Dividends
-
69 296
-
-
withholding
-
24 254
-
-
total
-
24 254
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 600
53 459
21 185
16 224
After tax
76 900
45 041
77 315
82 276
Living cost
76 658
76 658
76 658
76 658
Free-cash
242
-31 617
657
5 618

Estimated living cost  is ₽76658 per week

₽49850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18988
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20566
₽26051
₽5108
₽16760
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 513
trade
-
-
-
9 291
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.

-
-
-
21 104
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.

-
-
-
1 161
total
-
-
-
38 069
Employee

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

57 291
-
98 500
-
health

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

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

6 513
-
6 513
-
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.

6 737
-
21 104
-
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.

371
-
1 161
-
total
13 621
-
28 778
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
41 209
98 500
-
-
income
6 182
14 775
-
-
chamber of commerce
203
284
-
-
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.

340
812
-
-
trade
7 068
16 893
-
-
total
13 793
32 764
-
-
Dividends
27 416
65 736
-
-
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.

356
885
-
-
withholding
6 493
16 072
-
-
total
6 849
16 957
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 263
49 721
28 778
38 069
After tax
64 237
48 779
69 722
60 431
Living cost
43 671
43 671
43 671
43 671
Free-cash
20 566
5 108
26 051
16 760

Estimated living cost  is ₽43671 per week

₽31895
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22661
₽29082
₽17028
₽24013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 806
health
-
-
-
1 999
income
-
-
-
9 828
surtax
-
-
-
-
pensions
-
-
-
24 180
other
-
-
-
3 059
total
-
-
-
41 872
Employee
40 800
-
79 838
-
pensions
4 613
-
3 895
-
social contributions
1 163
-
2 276
-
income
2 408
-
11 965
-
surtax
-
-
-
-
total
8 184
-
18 136
-
Employer
40 800
-
79 838
-
pensions
6 703
-
6 852
-
other
1 407
-
2 755
-
health
2 857
-
5 588
-
unemployment
1 652
-
3 233
-
social contributions
123
-
239
-
total
12 742
-
18 667
-
Corporate
44 959
98 500
-
-
income
12 589
27 581
-
-
surtax
-
-
-
-
total
12 589
27 581
-
-
Dividends
32 370
70 919
-
-
surtax
-
-
-
-
social contributions
5 566
12 198
-
-
withholding
4 143
9 078
-
-
total
9 709
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 224
48 857
36 803
41 872
After tax
55 276
49 643
61 697
56 628
Living cost
32 615
32 615
32 615
32 615
Free-cash
22 661
17 028
29 082
24 013

Estimated living cost  is ₽32615 per week

₽20565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2652
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.
₽8844
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25557
₽32313
₽20259
₽27244
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 806
health
-
-
-
1 999
income
-
-
-
9 828
surtax
-
-
-
-
pensions
-
-
-
24 180
other
-
-
-
3 059
total
-
-
-
41 872
Employee
36 419
-
79 838
-
pensions
4 119
-
3 895
-
social contributions
1 038
-
2 276
-
income
1 878
-
11 965
-
surtax
-
-
-
-
total
7 035
-
18 136
-
Employer
36 419
-
79 838
-
pensions
5 984
-
6 852
-
other
1 257
-
2 755
-
health
2 549
-
5 588
-
unemployment
1 474
-
3 233
-
social contributions
109
-
239
-
total
11 373
-
18 667
-
Corporate
50 707
98 500
-
-
income
14 197
27 581
-
-
surtax
-
-
-
-
total
14 197
27 581
-
-
Dividends
36 510
70 919
-
-
surtax
-
-
-
-
social contributions
6 281
12 198
-
-
withholding
4 673
9 078
-
-
total
10 954
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 559
48 857
36 803
41 872
After tax
54 941
49 643
61 697
56 628
Living cost
29 384
29 384
29 384
29 384
Free-cash
25 557
20 259
32 313
27 244

Estimated living cost  is ₽29384 per week

₽17041
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8801
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40373
₽43052
₽39882
₽43044
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 874
income
-
-
-
14 775
total
-
-
-
35 242
Employee
32 322
-
98 500
-
health
2 256
-
6 874
-
social contributions
4 461
-
13 593
-
income
5 391
-
14 767
-
total
12 108
-
35 234
-
Employer
32 322
-
98 500
-
total
-
-
-
-
Corporate
66 178
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%.

3 309
4 924
-
-
total
3 309
4 924
-
-
Dividends
62 869
93 576
-
-
health
4 389
6 531
-
-
social contributions
8 676
12 913
-
-
withholding
9 431
14 036
-
-
total
22 496
33 480
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 913
38 404
35 234
35 242
After tax
60 587
60 096
63 266
63 258
Living cost
20 214
20 214
20 214
20 214
Free-cash
40 373
39 882
43 052
43 044

Estimated living cost  is ₽20214 per week

₽13528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
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.
₽4973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20098
-₽4115
₽21571
₽16024
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 535
surtax
-
-
-
188
income
-
-
-
16 699
chamber of commerce
-
-
-
394
pensions
-
-
-
18 223
unemployment
-
-
-
5 847
total
-
-
-
48 886
Employee
47 641
37 990
76 339
-
unemployment
1 429
1 140
2 290
-
pensions
4 879
3 889
7 817
-
health
1 843
1 471
2 954
-
income
5 424
2 802
14 860
-
other
476
380
763
-
total
14 051
9 682
28 684
-
Employer
47 641
37 990
76 339
-
chamber of commerce
190
152
306
-
pensions
5 979
4 769
9 581
-
other
2 263
1 804
3 627
-
health
1 800
1 436
2 885
-
unemployment
1 429
1 140
2 290
-
accident
619
494
993
-
surtax
188
188
188
-
payroll
1 429
1 140
2 290
-
total
13 897
11 123
22 160
-
Corporate
36 961
49 388
72 721
-
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.

9 241
12 347
18 181
-
total
9 241
12 347
18 181
-
Dividends
27 721
37 041
-
-
withholding
7 623
10 187
-
-
total
7 623
10 187
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 812
43 339
69 025
48 886
After tax
53 688
55 161
29 475
49 614
Living cost
33 590
33 590
33 590
33 590
Free-cash
20 098
21 571
-4 115
16 024

Estimated living cost  is ₽33590 per week

₽22403
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2866
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7770
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6176
₽3448
₽20473
₽11116
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 538
communal

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

-
-
-
4 979
national
-
-
-
32 109
total
-
-
-
52 626
Employee

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

68 190
-
76 290
-
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.

593
-
664
-
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.

5 114
-
5 722
-
national
20 964
-
24 132
-
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.

3 204
-
3 586
-
communal

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

3 557
-
3 980
-
total
33 432
-
38 084
-
Employer

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

68 190
-
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.

6 042
-
6 759
-
health

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

4 193
-
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.

995
-
1 114
-
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.

886
-
993
-
surtax
7 732
-
8 651
-
total
19 848
-
22 210
-
Corporate
10 461
98 500
-
-
income
2 093
19 701
-
-
surtax
42
394
-
-
total
2 135
20 095
-
-
Dividends
8 327
78 405
-
-
withholding

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

2 151
23 174
-
-
total
2 151
23 174
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 566
43 269
60 294
52 626
After tax
40 934
55 231
38 206
45 874
Living cost
34 758
34 758
34 758
34 758
Free-cash
6 176
20 473
3 448
11 116

Estimated living cost  is ₽34758 per week

₽22389
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24339
₽17416
₽31933
₽18704
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
796
income
-
-
-
18 860
pensions
-
-
-
25 005
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
45 369
Employee
47 453
-
74 687
-
unemployment
736
-
1 158
-
pensions
2 231
-
3 510
-
income
10 012
-
18 104
-
other
47
-
74
-
total
13 026
-
22 846
-
Employer
47 453
-
74 687
-
pensions
11 198
-
17 626
-
other
378
-
599
-
unemployment
2 610
-
4 108
-
accident
939
-
1 478
-
total
15 125
-
23 811
-
Corporate
35 922
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.

5 387
14 775
-
-
total
5 387
14 775
-
-
Dividends
30 534
83 725
-
-
withholding
6 196
17 365
-
-
total
6 196
17 365
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 734
32 140
46 657
45 369
After tax
58 766
66 360
51 843
53 131
Living cost
34 427
34 427
34 427
34 427
Free-cash
24 339
31 933
17 416
18 704

Estimated living cost  is ₽34427 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2442
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6136
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1735
₽8481
₽8376
₽4161
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
830
health
-
-
-
6 920
income
-
-
-
8 911
surtax
-
-
-
4 883
pensions
-
-
-
14 764
communal
-
-
-
6 225
total
-
-
-
42 533
Employee
72 192
-
87 984
-
pensions
5 775
-
7 039
-
health
3 213
-
3 917
-
income
6 973
-
11 348
-
surtax
4 425
-
5 393
-
total
20 386
-
27 697
-
Employer
72 192
-
87 984
-
pensions
5 775
-
7 039
-
health
2 202
-
2 685
-
accident
649
-
792
-
total
8 626
-
10 516
-
Corporate
17 682
98 500
-
-
income
2 652
14 775
-
-
communal
-
6 648
-
-
surtax
186
1 035
-
-
total
2 838
22 458
-
-
Dividends
14 844
76 042
-
-
income
10 882
4 454
-
-
withholding
2 227
11 406
-
-
total
13 109
15 860
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 959
38 318
38 213
42 533
After tax
53 541
60 182
60 287
55 967
Living cost
51 806
51 806
51 806
51 806
Free-cash
1 735
8 376
8 481
4 161

Estimated living cost  is ₽51806 per week

₽38862
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3139
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37514
₽27027
₽40543
₽28938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 994
income
-
-
-
18 890
surtax
-
-
-
2 348
pensions
-
-
-
19 701
other
-
-
-
-
unemployment
-
-
-
217
total
-
-
-
48 150
Employee
32 104
-
81 372
-
unemployment
2 234
-
5 664
-
pensions
2 142
-
5 427
-
health
820
-
2 075
-
income
5 382
-
17 638
-
other
-
-
-
-
surtax
114
-
2 129
-
total
10 692
-
32 933
-
Employer
32 104
-
81 372
-
pensions
4 280
-
10 847
-
other
-
-
-
-
health
1 460
-
3 701
-
unemployment
1 018
-
2 580
-
total
6 758
-
17 128
-
Corporate
59 638
98 500
-
-
income
15 505
25 611
-
-
total
15 505
25 611
-
-
Dividends
44 132
72 889
-
-
withholding
6 619
10 934
-
-
total
6 619
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 574
36 545
50 061
48 150
After tax
58 926
61 955
48 439
50 350
Living cost
21 412
21 412
21 412
21 412
Free-cash
37 514
40 543
27 027
28 938

Estimated living cost  is ₽21412 per week

₽12928
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1862
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽497
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23978
₽19606
₽26094
₽24268
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 334
municipal
-
-
-
586
regional
-
-
-
1 486
national
-
-
-
21 146
total
-
-
-
48 552
Employee
52 881
-
98 500
-
regional
712
-
1 325
-
municipal
280
-
523
-
national
8 378
-
18 152
-
social contributions
17 832
-
33 214
-
total
27 202
-
53 214
-
Employer
52 881
-
98 500
-
total
-
-
-
-
Corporate
45 619
98 500
-
-
municipal
2 267
4 895
-
-
nationa
10 948
23 641
-
-
total
13 215
28 536
-
-
Dividends
32 404
69 964
-
-
withholding
8 425
18 190
-
-
total
8 425
18 190
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 842
46 726
53 214
48 552
After tax
49 658
51 774
45 286
49 948
Living cost
25 680
25 680
25 680
25 680
Free-cash
23 978
26 094
19 606
24 268

Estimated living cost  is ₽25680 per week

₽15970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27998
₽20634
₽38467
₽18624
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
13 298
income
-
-
-
8 466
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
43 161
-
73 507
-
solidarity contribution
-
-
-
-
health
5 827
-
9 924
-
social contributions
2 805
-
4 778
-
income
5 179
-
8 821
-
total
13 811
-
23 523
-
Employer
43 161
-
73 507
-
health
3 884
-
6 616
-
social contributions
10 790
-
18 377
-
total
14 674
-
24 993
-
Corporate
40 664
98 500
-
-
income
7 726
18 715
-
-
total
7 726
18 715
-
-
Dividends
32 938
79 785
-
-
withholding
4 941
11 968
-
-
total
4 941
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
41 152
30 683
48 516
50 526
After tax
57 348
67 817
49 984
47 974
Living cost
29 350
29 350
29 350
29 350
Free-cash
27 998
38 467
20 634
18 624

Estimated living cost  is ₽29350 per week

₽21826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1626
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.
₽5390
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24379
-₽905
₽24850
₽19388
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 535
surtax
-
-
-
-
income
-
-
-
16 699
chamber of commerce
-
-
-
394
pensions
-
-
-
18 223
unemployment
-
-
-
5 847
total
-
-
-
48 698
Employee
41 671
37 990
76 489
-
unemployment
1 250
1 140
2 294
-
pensions
4 268
3 889
7 833
-
health
1 612
1 471
2 960
-
income
3 712
2 802
14 910
-
other
416
380
765
-
total
11 258
9 682
28 762
-
Employer
41 671
37 990
76 489
-
chamber of commerce
166
152
306
-
pensions
5 230
4 769
9 599
-
other
1 979
1 804
3 633
-
health
1 576
1 436
2 891
-
unemployment
1 250
1 140
2 294
-
accident
541
494
995
-
surtax
-
-
-
-
payroll
1 250
1 140
2 294
-
total
11 992
10 935
22 012
-
Corporate
44 836
49 576
72 871
-
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.

11 209
12 394
18 217
-
total
11 209
12 394
18 217
-
Dividends
33 628
37 182
-
-
withholding
9 248
10 225
-
-
total
9 248
10 225
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 707
43 236
68 991
48 698
After tax
54 793
55 264
29 509
49 802
Living cost
30 414
30 414
30 414
30 414
Free-cash
24 379
24 850
-905
19 388

Estimated living cost  is ₽30414 per week

₽18244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79083
₽66596
₽81371
₽85311
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 256
-
98 500
-
income
3 051
-
19 700
-
total
3 051
-
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%.

83 244
98 500
-
-
total
-
-
-
-
Dividends
83 244
98 500
-
-
withholding
4 162
4 925
-
-
total
4 162
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 213
4 925
19 700
985
After tax
91 287
93 575
78 800
97 515
Living cost
12 204
12 204
12 204
12 204
Free-cash
79 083
81 371
66 596
85 311

Estimated living cost  is ₽12204 per week

₽8259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽409
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34273
₽22432
₽42248
₽25252
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 693
income
-
-
-
19 848
pensions
-
-
-
17 989
unemployment
-
-
-
148
total
-
-
-
47 678
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.

42 155
-
85 229
-
unemployment
60
-
119
-
pensions
6 534
-
13 210
-
health
2 723
-
5 505
-
income
7 270
-
18 394
-
total
16 587
-
37 228
-
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.

42 155
-
85 229
-
pensions
3 730
-
7 542
-
health
2 808
-
5 677
-
unemployment
25
-
51
-
total
6 563
-
13 270
-
Corporate
49 782
98 500
-
-
income
9 458
18 715
-
-
total
9 458
18 715
-
-
Dividends
40 324
79 785
-
-
withholding
6 049
11 967
-
-
total
6 049
11 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 657
30 682
50 498
47 678
After tax
59 843
67 818
48 002
50 822
Living cost
25 570
25 570
25 570
25 570
Free-cash
34 273
42 248
22 432
25 252

Estimated living cost  is ₽25570 per week

₽17548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽44037
₽44676
₽18679
₽26823
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
59 144
-
-
-
social contributions
4 850
-
691
-
income
13 046
-
-
-
total
17 896
-
691
-
Employer
59 144
-
-
-
social contributions
83 393
-
11 885
-
total
83 393
-
11 885
-
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
101 289
38 573
12 576
30 429
After tax
-2 789
59 927
85 924
68 071
Living cost
41 248
41 248
41 248
41 248
Free-cash
-44 037
18 679
44 676
26 823

Estimated living cost  is ₽41248 per week

₽26763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10080
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25164
₽19835
₽26125
₽25030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 229
income
-
-
-
9 339
surtax
-
-
-
-
total
-
-
-
43 568
Employee
43 844
-
79 595
-
social contributions
4 823
-
8 756
-
income
9 120
-
21 102
-
surtax
-
-
-
-
total
13 943
-
29 858
-
Employer
43 844
-
79 595
-
social contributions
10 413
-
18 905
-
total
10 413
-
18 905
-
Corporate
44 243
98 500
-
-
income
9 291
20 685
-
-
surtax
-
-
-
-
total
9 291
20 685
-
-
Dividends
34 952
77 815
-
-
withholding
9 787
21 788
-
-
total
9 787
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 434
42 473
48 763
43 568
After tax
55 066
56 027
49 737
54 932
Living cost
29 902
29 902
29 902
29 902
Free-cash
25 164
26 125
19 835
25 030

Estimated living cost  is ₽29902 per week

₽22373
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1764
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽499
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10152
₽15654
₽3600
₽10585
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 806
health
-
-
-
1 999
income
-
-
-
9 828
surtax
-
-
-
-
pensions
-
-
-
24 180
other
-
-
-
3 059
total
-
-
-
41 872
Employee
59 707
-
79 838
-
pensions
6 753
-
3 895
-
social contributions
1 701
-
2 276
-
income
5 210
-
11 965
-
surtax
-
-
-
-
total
13 664
-
18 136
-
Employer
59 707
-
79 838
-
pensions
9 811
-
6 852
-
other
2 061
-
2 755
-
health
4 179
-
5 588
-
unemployment
2 419
-
3 233
-
social contributions
179
-
239
-
total
18 649
-
18 667
-
Corporate
20 146
98 500
-
-
income
5 641
27 581
-
-
surtax
-
-
-
-
total
5 641
27 581
-
-
Dividends
14 505
70 919
-
-
surtax
-
-
-
-
social contributions
2 495
12 198
-
-
withholding
1 856
9 078
-
-
total
4 351
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 305
48 857
36 803
41 872
After tax
56 195
49 643
61 697
56 628
Living cost
46 043
46 043
46 043
46 043
Free-cash
10 152
3 600
15 654
10 585

Estimated living cost  is ₽46043 per week

₽31161
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽631
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10483
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56791
₽48897
₽59994
₽46279
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 894
total
-
-
-
23 565
Employee
30 647
-
85 281
-
social contributions
1 992
-
5 543
-
income
-
-
2 185
-
total
1 992
-
7 728
-
Employer
30 647
-
85 281
-
social contributions
4 751
-
13 219
-
total
4 751
-
13 219
-
Corporate
63 102
98 500
-
-
income
6 310
9 850
-
-
total
6 310
9 850
-
-
Dividends
56 792
88 650
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
13 053
9 850
20 947
23 565
After tax
85 447
88 650
77 553
74 935
Living cost
28 656
28 656
28 656
28 656
Free-cash
56 791
59 994
48 897
46 279

Estimated living cost  is ₽28656 per week

₽18528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽539
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7428
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽109012
-₽109012
-₽109012
₽15034
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 461
pensions
-
-
-
826
labour market
-
-
-
7 814
national
-
-
-
10 496
total
-
-
-
37 597
Employee
193 603
193 603
193 603
-
pensions
275
275
275
-
municipal
41 227
41 227
41 227
-
national
23 652
23 652
23 652
-
labour market
15 466
15 466
15 466
-
total
80 620
80 620
80 620
-
Employer
193 603
193 603
193 603
-
municipal
41 292
41 292
41 292
-
pensions
550
550
550
-
national
23 693
23 693
23 693
-
labour market
15 488
15 488
15 488
-
total
81 023
81 023
81 023
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
161 643
161 643
161 643
37 597
After tax
-63 143
-63 143
-63 143
60 903
Living cost
45 869
45 869
45 869
45 869
Free-cash
-109 012
-109 012
-109 012
15 034

Estimated living cost  is ₽45869 per week

₽31393
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4058
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽705
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4755
₽29946
-₽13040
₽46577
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
health
-
-
-
2 115
income
-
-
-
24 151
pensions
-
-
-
4 035
other
-
-
-
359
total
-
-
-
30 905
Employee
33 063
-
84 342
-
pensions
3 723
-
7 398
-
health
3 786
-
9 657
-
income
4 536
-
16 324
-
total
12 045
-
33 379
-
Employer
33 063
-
84 342
-
pensions
5 376
-
10 683
-
unemployment
810
-
2 066
-
accident
552
-
1 408
-
total
6 738
-
14 157
-
Corporate
58 699
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.

52 829
88 650
-
-
total
52 829
88 650
-
-
Dividends
5 870
9 850
-
-
withholding
1 115
1 872
-
-
total
1 115
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 727
90 522
47 536
30 905
After tax
25 773
7 978
50 964
67 595
Living cost
21 018
21 018
21 018
21 018
Free-cash
4 755
-13 040
29 946
46 577

Estimated living cost  is ₽21018 per week

₽15299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1198
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽394
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26904
₽19342
₽28651
₽32990
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
1 120
municipal
-
-
-
17 528
national
-
-
-
10 262
total
-
-
-
28 910
Employee
50 155
-
82 863
-
unemployment
753
-
1 243
-
pensions
3 385
-
5 594
-
municipal
8 215
-
13 526
-
national
829
-
5 680
-
health
374
-
877
-
total
13 556
-
26 920
-
Employer
50 155
-
82 863
-
pensions
8 702
-
14 377
-
health
385
-
639
-
unemployment
326
-
539
-
accident
51
-
83
-
total
9 464
-
15 638
-
Corporate
38 882
98 500
-
-
income
7 777
19 701
-
-
total
7 777
19 701
-
-
Dividends

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

23 329
59 100
-
-
national
-
2 911
-
-
municipal
4 199
10 637
-
-
total
4 199
13 548
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 996
33 249
42 558
28 910
After tax
63 504
65 251
55 942
69 590
Living cost
36 600
36 600
36 600
36 600
Free-cash
26 904
28 651
19 342
32 990

Estimated living cost  is ₽36600 per week

₽23907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44823
₽47273
₽50011
₽47372
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 366
health
-
-
-
2 511
income
-
-
-
11 180
total
-
-
-
29 057
Employee
73 304
73 304
89 424
-
health
568
1 246
1 520
-
social contributions
2 771
6 084
7 423
-
income
7 982
6 786
11 137
-
total
11 321
14 116
20 080
-
Employer
73 304
73 304
89 424
-
health
617
1 357
1 653
-
social contributions
2 771
6 084
7 423
-
total
3 388
7 441
9 076
-
Corporate
61 719
17 755
-
-
income
7 716
2 220
-
-
total
7 716
2 220
-
-
Dividends
54 004
15 536
-
-
withholding
9 181
2 641
-
-
total
9 181
2 641
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 606
26 418
29 156
29 057
After tax
66 894
72 082
69 344
69 443
Living cost
22 071
22 071
22 071
22 071
Free-cash
44 823
50 011
47 273
47 372

Estimated living cost  is ₽22071 per week

₽13228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2165
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.
₽6191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61580
₽45605
₽66434
₽64375
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 450
income
-
-
-
9 449
pensions
-
-
-
6 064
unemployment
-
-
-
27
total
-
-
-
18 990
Employee

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

21 881
-
89 301
-
unemployment
109
-
447
-
pensions
3 282
-
13 394
-
health
1 860
-
7 591
-
income
1 496
-
7 128
-
total
6 747
-
28 560
-
Employer

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

21 881
-
89 301
-
pensions
1 203
-
4 912
-
health
941
-
3 841
-
unemployment
109
-
447
-
total
2 253
-
9 200
-
Corporate
74 366
98 500
-
-
income
6 694
8 864
-
-
total
6 694
8 864
-
-
Dividends
67 673
89 636
-
-
withholding
6 091
8 067
-
-
total
6 091
8 067
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 785
16 931
37 760
18 990
After tax
76 715
81 569
60 740
79 510
Living cost
15 135
15 135
15 135
15 135
Free-cash
61 580
66 434
45 605
64 375

Estimated living cost  is ₽15135 per week

₽9657
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1091
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.
₽3937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35146
₽25628
₽40145
₽26916
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
796
income
-
-
-
18 860
pensions
-
-
-
25 005
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
45 369
Employee
35 249
-
74 687
-
unemployment
546
-
1 158
-
pensions
1 657
-
3 510
-
income
6 796
-
18 104
-
other
34
-
74
-
total
9 033
-
22 846
-
Employer
35 249
-
74 687
-
pensions
8 318
-
17 626
-
other
282
-
599
-
unemployment
1 939
-
4 108
-
accident
698
-
1 478
-
total
11 237
-
23 811
-
Corporate
52 013
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.

7 802
14 775
-
-
total
7 802
14 775
-
-
Dividends
44 211
83 725
-
-
withholding
9 067
17 365
-
-
total
9 067
17 365
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 139
32 140
46 657
45 369
After tax
61 361
66 360
51 843
53 131
Living cost
26 215
26 215
26 215
26 215
Free-cash
35 146
40 145
25 628
26 916

Estimated living cost  is ₽26215 per week

₽17694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2520
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5541
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59323
₽60975
₽59625
₽61107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
972
income
-
-
-
33 241
pensions
-
-
-
1 341
total
-
-
-
35 554
Employee
2 801
-
96 991
-
unemployment
28
-
67
-
pensions
252
-
604
-
health
140
-
335
-
income
542
-
33 171
-
total
962
-
34 177
-
Employer
2 801
-
96 991
-
pensions
308
-
738
-
health
266
-
637
-
unemployment
56
-
134
-
total
630
-
1 509
-
Corporate
95 069
98 500
-
-
income
20 915
21 670
-
-
total
20 915
21 670
-
-
Dividends
74 154
76 830
-
-
withholding
14 831
15 366
-
-
total
14 831
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 338
37 036
35 686
35 554
After tax
61 162
61 464
62 814
62 946
Living cost
1 839
1 839
1 839
1 839
Free-cash
59 323
59 625
60 975
61 107

Estimated living cost  is ₽1839 per week

₽1093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49988
₽36004
₽54677
₽36003
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 258
income
-
-
-
19 373
pensions
-
-
-
18 320
unemployment
-
-
-
1 057
total
-
-
-
46 008
Employee

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 864
-
85 887
-
unemployment
186
-
528
-
pensions
3 481
-
9 865
-
health
1 280
-
3 629
-
income
3 427
-
19 373
-
total
8 374
-
33 395
-
Employer

The minimum tax base for social security contributions are defined by the Law on Mandatory Social Insurance Contributions and is fixed at 35% of an average monthly salary published in Serbia. The maximum tax base for social security contributions is capped at five times the average monthly salary published by the official statistics in Serbia at the moment of salary payment.

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

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

24 864
-
85 887
-
pensions
2 984
-
8 455
-
health
1 280
-
3 629
-
unemployment
186
-
528
-
total
4 450
-
12 612
-
Corporate
69 186
98 500
-
-
income
10 378
14 775
-
-
total
10 378
14 775
-
-
Dividends
58 808
83 725
-
-
withholding
8 821
12 559
-
-
total
8 821
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 023
27 334
46 007
46 008
After tax
66 477
71 166
52 493
52 492
Living cost
16 489
16 489
16 489
16 489
Free-cash
49 988
54 677
36 004
36 003

Estimated living cost  is ₽16489 per week

₽11102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1275
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3634
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29983
₽24037
₽30327
₽29232
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 229
income
-
-
-
9 339
surtax
-
-
-
-
total
-
-
-
43 568
Employee
37 000
-
79 595
-
social contributions
4 070
-
8 756
-
income
7 229
-
21 102
-
surtax
-
-
-
-
total
11 299
-
29 858
-
Employer
37 000
-
79 595
-
social contributions
8 787
-
18 905
-
total
8 787
-
18 905
-
Corporate
52 714
98 500
-
-
income
11 070
20 685
-
-
surtax
-
-
-
-
total
11 070
20 685
-
-
Dividends
41 644
77 815
-
-
withholding
11 661
21 788
-
-
total
11 661
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 817
42 473
48 763
43 568
After tax
55 683
56 027
49 737
54 932
Living cost
25 700
25 700
25 700
25 700
Free-cash
29 983
30 327
24 037
29 232

Estimated living cost  is ₽25700 per week

₽18203
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1786
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25585
₽18340
₽32857
₽19628
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
796
income
-
-
-
18 860
pensions
-
-
-
25 005
other
-
-
-
89
unemployment
-
-
-
619
total
-
-
-
45 369
Employee
46 040
-
74 687
-
unemployment
713
-
1 158
-
pensions
2 164
-
3 510
-
income
9 616
-
18 104
-
other
45
-
74
-
total
12 538
-
22 846
-
Employer
46 040
-
74 687
-
pensions
10 865
-
17 626
-
other
369
-
599
-
unemployment
2 533
-
4 108
-
accident
912
-
1 478
-
total
14 679
-
23 811
-
Corporate
37 782
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.

5 668
14 775
-
-
total
5 668
14 775
-
-
Dividends
32 114
83 725
-
-
withholding
6 527
17 365
-
-
total
6 527
17 365
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 412
32 140
46 657
45 369
After tax
59 088
66 360
51 843
53 131
Living cost
33 503
33 503
33 503
33 503
Free-cash
25 585
32 857
18 340
19 628

Estimated living cost  is ₽33503 per week

₽24060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2605
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.
₽6366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62021
₽61565
₽67827
₽58449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 827
income
-
-
-
14 775
pensions

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

-
-
-
4 926
unemployment
-
-
-
133
total
-
-
-
23 661
Employee
21 703
-
91 970
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
pensions

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

1 905
-
2 922
-
health
998
-
1 531
-
income
2 171
-
9 197
-
total
5 313
-
14 016
-
Employer
21 703
-
91 970
-
pensions

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

2 392
-
3 667
-
health
1 498
-
2 296
-
unemployment
130
-
200
-
accident

We are using the highest rate at 1.1%.

239
-
366
-
total
4 259
-
6 529
-
Corporate
72 539
98 500
-
-
income
7 253
9 850
-
-
total
7 253
9 850
-
-
Dividends
65 285
88 650
-
-
withholding
3 264
4 433
-
-
total
3 264
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
20 089
14 283
20 545
23 661
After tax
78 411
84 217
77 955
74 839
Living cost
16 390
16 390
16 390
16 390
Free-cash
62 021
67 827
61 565
58 449

Estimated living cost  is ₽16390 per week

₽10840
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4221
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26475
₽32918
₽14002
₽25143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 513
trade
-
-
-
7 775
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.

-
-
-
21 104
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.

-
-
-
1 161
total
-
-
-
36 553
Employee

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

47 432
-
98 500
-
health

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

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

6 513
-
6 513
-
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.

3 900
-
21 104
-
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.

215
-
1 161
-
total
10 628
-
28 778
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 068
98 500
-
-
income
7 660
14 775
-
-
chamber of commerce
219
289
-
-
surtax

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

422
812
-
-
trade
7 328
14 134
-
-
total
15 629
30 010
-
-
Dividends
35 439
68 490
-
-
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
923
-
-
withholding
8 497
16 761
-
-
total
8 964
17 684
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 221
47 694
28 778
36 553
After tax
63 279
50 806
69 722
61 947
Living cost
36 804
36 804
36 804
36 804
Free-cash
26 475
14 002
32 918
25 143

Estimated living cost  is ₽36804 per week

₽25388
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3960
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6921
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16750
₽11726
₽14647
₽11726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 827
income
-
-
-
23 643
total
-
-
-
32 470
Employee
74 569
-
98 500
-
social contributions
6 195
-
8 827
-
income
14 071
-
23 643
-
total
20 266
-
32 470
-
Employer
74 569
-
98 500
-
total
-
-
-
-
Corporate
23 931
98 500
-
-
income
2 992
12 312
-
-
total
2 992
12 312
-
-
Dividends
20 939
86 188
-
-
withholding
4 188
17 237
-
-
total
4 188
17 237
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 446
29 549
32 470
32 470
After tax
71 054
68 951
66 030
66 030
Living cost
54 304
54 304
54 304
54 304
Free-cash
16 750
14 647
11 726
11 726

Estimated living cost  is ₽54304 per week

₽41313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4425
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.
₽8047
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27838
₽37785
₽24384
₽30912
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 136
health

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

-
-
-
5 847
total
-
-
-
32 983
Employee
43 732
-
94 115
-
social contributions
4 382
-
4 385
-
income
4 745
-
17 340
-
total
9 127
-
21 725
-
Employer
43 732
-
94 115
-
social contributions
4 382
-
4 385
-
total
4 382
-
4 385
-
Corporate
50 387
98 500
-
-
income
17 635
34 475
-
-
total
17 635
34 475
-
-
Dividends
32 752
64 025
-
-
social contributions
4 913
5 036
-
-
total
4 913
5 036
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 057
39 511
26 110
32 983
After tax
62 443
58 989
72 390
65 517
Living cost
34 605
34 605
34 605
34 605
Free-cash
27 838
24 384
37 785
30 912

Estimated living cost  is ₽34605 per week

₽22794
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8551
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34038
₽26969
₽36989
₽35695
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 227
pensions
-
-
-
7 058
total
-
-
-
28 285
Employee
47 384
-
86 649
-
pensions
3 617
-
8 328
-
health
618
-
1 422
-
income
8 629
-
15 410
-
total
12 864
-
25 160
-
Employer
47 384
-
86 649
-
pensions
4 787
-
10 205
-
health
901
-
1 646
-
total
5 688
-
11 851
-
Corporate
45 428
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.

8 631
18 715
-
-
total
8 631
18 715
-
-
Dividends
36 797
79 785
-
-
withholding
2 759
8 276
-
-
total
2 759
8 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 942
26 991
37 011
28 285
After tax
68 558
71 509
61 489
70 215
Living cost
34 520
34 520
34 520
34 520
Free-cash
34 038
36 989
26 969
35 695

Estimated living cost  is ₽34520 per week

₽23681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽432
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4437
₽27865
-₽15121
₽44496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
accident
-
-
-
245
health
-
-
-
2 115
income
-
-
-
24 151
pensions
-
-
-
4 035
other
-
-
-
359
total
-
-
-
30 905
Employee
36 336
-
84 342
-
pensions
4 091
-
7 398
-
health
4 160
-
9 657
-
income
4 985
-
16 324
-
total
13 236
-
33 379
-
Employer
36 336
-
84 342
-
pensions
5 908
-
10 683
-
unemployment
890
-
2 066
-
accident
607
-
1 408
-
total
7 405
-
14 157
-
Corporate
54 759
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.

49 283
88 650
-
-
total
49 283
88 650
-
-
Dividends
5 476
9 850
-
-
withholding
1 040
1 872
-
-
total
1 040
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
70 964
90 522
47 536
30 905
After tax
27 536
7 978
50 964
67 595
Living cost
23 099
23 099
23 099
23 099
Free-cash
4 437
-15 121
27 865
44 496

Estimated living cost  is ₽23099 per week

₽16952
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1346
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.
₽4335
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66227
₽49497
₽70022
₽43354
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
15 192
health insurance
-
-
-
7 289
pensions
-
-
-
18 124
unemployment
-
-
-
1 182
work injury
-
-
-
493
total
-
-
-
42 280
Employee

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

20 585
-
98 500
-
unemployment
247
-
914
-
pensions
3 788
-
14 014
-
work injury
103
-
381
-
income
2 059
-
15 192
-
health insurance
1 523
-
5 636
-
total
7 720
-
36 137
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 915
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
77 915
97 515
-
-
withholding
11 687
14 627
-
-
total
11 687
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 407
15 612
36 137
42 280
After tax
79 093
82 888
62 363
56 220
Living cost
12 866
12 866
12 866
12 866
Free-cash
66 227
70 022
49 497
43 354

Estimated living cost  is ₽12866 per week

₽7971
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽935
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3559
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9570
₽6882
₽13905
₽11389
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 334
municipal
-
-
-
658
regional
-
-
-
1 996
national
-
-
-
21 146
total
-
-
-
49 134
Employee
80 331
-
98 500
-
regional
1 213
-
1 687
-
municipal
479
-
588
-
national
13 575
-
18 152
-
social contributions
27 087
-
33 214
-
total
42 354
-
53 641
-
Employer
80 331
-
98 500
-
total
-
-
-
-
Corporate
18 169
98 500
-
-
municipal
876
4 747
-
-
nationa
4 360
23 641
-
-
total
5 236
28 388
-
-
Dividends
12 934
70 112
-
-
withholding
3 363
18 230
-
-
total
3 363
18 230
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 953
46 618
53 641
49 134
After tax
47 547
51 882
44 859
49 366
Living cost
37 977
37 977
37 977
37 977
Free-cash
9 570
13 905
6 882
11 389

Estimated living cost  is ₽37977 per week

₽26676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2612
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and 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

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close