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
₽31203
₽20509
₽40611
₽32178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 433
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.

-
-
-
1 147
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.

-
-
-
20 848
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.

-
-
-
6 606
total
-
-
-
37 034
Employee

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

36 983
-
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.

6 606
-
6 606
-
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.

57
-
1 147
-
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.

1 033
-
20 848
-
total
7 696
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 517
98 500
-
-
surtax

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

508
813
-
-
trade
9 688
15 514
-
-
chamber of commerce
235
288
-
-
income
9 228
14 775
-
-
total
19 659
31 390
-
-
Dividends
41 857
67 110
-
-
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.

556
903
-
-
withholding
10 098
16 410
-
-
total
10 654
17 313
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 009
48 703
28 601
37 034
After tax
60 491
49 797
69 899
61 466
Living cost
29 288
29 288
29 288
29 288
Free-cash
31 203
20 509
40 611
32 178

Estimated living cost  is ₽29288 per week

₽18423
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6992
₽7883
₽6885
₽6111
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 170
pensions
-
-
-
11 820
national
-
-
-
15 759
total
-
-
-
38 808
Employee
83 060
-
85 152
-
national
15 898
-
16 350
-
pensions
3 322
-
3 406
-
municipal
10 259
-
10 551
-
total
29 479
-
30 307
-
Employer
83 060
-
85 152
-
social contributions
893
-
915
-
pensions
6 645
-
6 812
-
total
7 538
-
7 727
-
Corporate
2 420
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%.

484
19 700
-
-
total
484
19 700
-
-
Dividends
1 936
78 800
-
-
withholding
426
17 336
-
-
total
426
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 927
37 036
38 034
38 808
After tax
60 573
61 464
60 466
59 692
Living cost
53 581
53 581
53 581
53 581
Free-cash
6 992
7 883
6 885
6 111

Estimated living cost  is ₽53581 per week

₽36418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽802
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11380
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50751
₽58684
₽35383
₽32447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

As of 1 January, 2018 a microenterprise tax rate for microenterprise turnover of up to €40,000 is 15%. This tax is inclusive of all other taxes and contributions.

Microenterprise tax could also be applied to a company but as the only exception is a limitation of liability, we advise to register as a sole-trader.

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

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

-
-
-
31 667
income
-
-
-
14 270
microenterprise
-
-
-
-
total
-
-
-
45 937
Employee
28 254
-
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.

3 108
-
8 732
-
surtax
-
-
-
-
income
5 030
-
15 147
-
total
8 138
-
23 879
-
Employer
28 254
-
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.

6 806
-
19 122
-
total
6 806
-
19 122
-
Corporate
63 440
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%.

12 689
19 700
-
-
total
12 689
19 700
-
-
Dividends

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

50 752
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 633
19 700
43 001
45 937
After tax
70 867
78 800
55 499
52 563
Living cost
20 116
20 116
20 116
20 116
Free-cash
50 751
58 684
35 383
32 447

Estimated living cost  is ₽20116 per week

₽12834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4910
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1267
₽7189
₽7620
₽15392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 584
pensions
-
-
-
11 329
health
-
-
-
11 689
total
-
-
-
42 602
Employee
82 572
82 572
83 822
-
health
12 674
10 780
10 852
-
pensions
14 863
11 329
11 329
-
income

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

13 516
13 516
13 516
-
total
41 053
35 625
35 697
-
Employer
82 572
82 572
83 822
-
health
5 740
5 740
5 826
-
unemployment
2 973
2 973
3 018
-
pensions
5 747
5 747
5 833
-
total
14 460
14 460
14 677
-
Corporate
2 482
1 469
-
-
income
495
294
-
-
total
495
294
-
-
Dividends
1 986
1 175
-
-
income
422
250
-
-
withholding
297
176
-
-
total
719
426
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 727
50 805
50 374
42 602
After tax
41 773
47 695
48 126
55 898
Living cost
40 506
40 506
40 506
40 506
Free-cash
1 267
7 189
7 620
15 392

Estimated living cost  is ₽40506 per week

₽28706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽644
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14072
₽14944
₽13764
₽12986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
9 891
municipal
-
-
-
22 019
unemployment
-
-
-
85
pensions
-
-
-
9 201
accident
-
-
-
170
health
-
-
-
5 311
national
-
-
-
-
total
-
-
-
46 677
Employee
55 340
-
74 951
-
national
-
-
-
-
municipal
16 502
-
22 350
-
total
16 502
-
22 350
-
Employer
55 340
-
74 951
-
other
6 431
-
8 709
-
health
3 403
-
4 609
-
accident
111
-
150
-
unemployment
1 461
-
1 979
-
pensions
5 982
-
8 102
-
total
17 388
-
23 549
-
Corporate
25 773
98 500
-
-
income
5 670
21 670
-
-
total
5 670
21 670
-
-
Dividends
20 103
76 830
-
-
withholding
6 031
23 049
-
-
total
6 031
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 591
44 719
45 899
46 677
After tax
52 909
53 781
52 601
51 823
Living cost
38 837
38 837
38 837
38 837
Free-cash
14 072
14 944
13 764
12 986

Estimated living cost  is ₽38837 per week

₽25740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8697
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24894
₽11306
₽31914
₽23106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 808
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.

-
-
-
1 147
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.

-
-
-
20 848
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.

-
-
-
6 606
total
-
-
-
37 409
Employee

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

49 035
-
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.

6 606
-
6 606
-
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.

231
-
1 147
-
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.

4 213
-
20 848
-
total
11 050
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 465
98 500
-
-
surtax

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

407
813
-
-
trade
8 136
16 202
-
-
chamber of commerce
217
286
-
-
income
7 420
14 775
-
-
total
16 180
32 076
-
-
Dividends
33 285
66 424
-
-
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.

437
894
-
-
withholding
7 954
16 239
-
-
total
8 391
17 133
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 621
49 209
28 601
37 409
After tax
62 879
49 291
69 899
61 091
Living cost
37 985
37 985
37 985
37 985
Free-cash
24 894
11 306
31 914
23 106

Estimated living cost  is ₽37985 per week

₽25405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36718
₽40728
₽38169
₽38267
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 993
health
-
-
-
2 512
total
-
-
-
28 871
Employee
74 352
74 352
89 423
-
social contributions
3 613
6 171
7 422
-
health
739
1 264
1 519
-
income
7 808
6 883
10 951
-
total
12 160
14 318
19 892
-
Employer
74 352
74 352
89 423
-
health
806
1 376
1 655
-
social contributions
3 613
6 171
7 422
-
total
4 419
7 547
9 077
-
Corporate
50 559
16 601
-
-
income
6 320
2 075
-
-
total
6 320
2 075
-
-
Dividends
44 240
14 525
-
-
withholding
7 521
2 470
-
-
total
7 521
2 470
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 420
26 410
28 969
28 871
After tax
68 080
72 090
69 531
69 629
Living cost
31 362
31 362
31 362
31 362
Free-cash
36 718
40 728
38 169
38 267

Estimated living cost  is ₽31362 per week

₽21439
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2450
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6947
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36952
₽36558
₽38147
₽49282
S + D Salary + Dividends

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

Dividends

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

Salary

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

27 360
10 889
82 427
-
unemployment
410
163
1 236
-
health
1 915
762
5 770
-
pensions
2 736
1 089
8 243
-
income
3 345
1 331
10 077
-
total
8 406
3 345
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.

27 360
10 889
82 427
-
pensions
5 335
2 123
16 073
-
total
5 335
2 123
16 073
-
Corporate
65 804
85 488
-
-
income
5 922
7 694
-
-
total
5 922
7 694
-
-
Dividends
59 882
77 794
-
-
social contributions
11 553
15 045
-
-
withholding
11 378
14 781
-
-
total
22 931
29 826
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 594
42 988
41 399
30 264
After tax
55 906
55 512
57 101
68 236
Living cost
18 954
18 954
18 954
18 954
Free-cash
36 952
36 558
38 147
49 282

Estimated living cost  is ₽18954 per week

₽12934
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽379
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4090
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49438
₽55445
₽33419
₽29442
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 199
pensions
-
-
-
19 700
health
-
-
-
12 804
total
-
-
-
45 703
Employee
27 430
-
73 616
-
unemployment
439
-
1 178
-
pensions
549
-
1 472
-
income
3 088
-
14 193
-
total
4 076
-
16 843
-
Employer
27 430
-
73 616
-
health
3 565
-
9 571
-
unemployment
220
-
589
-
pensions
5 486
-
14 723
-
total
9 271
-
24 883
-
Corporate
61 798
98 500
-
-
income
12 360
19 700
-
-
total
12 360
19 700
-
-
Dividends
49 438
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 707
19 700
41 726
45 703
After tax
72 793
78 800
56 774
52 797
Living cost
23 355
23 355
23 355
23 355
Free-cash
49 438
55 445
33 419
29 442

Estimated living cost  is ₽23355 per week

₽16019
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽470
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5475
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4776
-₽12895
₽30217
₽46707
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 310
pensions
-
-
-
3 948
accident
-
-
-
240
health
-
-
-
2 069
total
-
-
-
30 919
Employee
32 835
-
84 563
-
health
3 760
-
9 683
-
pensions
3 697
-
7 239
-
income
4 505
-
16 550
-
total
11 962
-
33 472
-
Employer
32 835
-
84 563
-
accident
548
-
1 412
-
unemployment
804
-
2 072
-
pensions
5 339
-
10 453
-
total
6 691
-
13 937
-
Corporate
58 973
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.

53 076
88 650
-
-
total
53 076
88 650
-
-
Dividends
5 897
9 850
-
-
withholding
1 121
1 871
-
-
total
1 121
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 850
90 521
47 409
30 919
After tax
25 650
7 979
51 091
67 581
Living cost
20 874
20 874
20 874
20 874
Free-cash
4 776
-12 895
30 217
46 707

Estimated living cost  is ₽20874 per week

₽15299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽83360
₽84973
₽70198
₽88913
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
10 752
-
98 500
-
income
2 150
-
19 700
-
total
2 150
-
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%.

87 748
98 500
-
-
total
-
-
-
-
Dividends
87 748
98 500
-
-
withholding
4 388
4 925
-
-
total
4 388
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 538
4 925
19 700
985
After tax
91 962
93 575
78 800
97 515
Living cost
8 602
8 602
8 602
8 602
Free-cash
83 360
84 973
70 198
88 913

Estimated living cost  is ₽8602 per week

₽5331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽715
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽236
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2320
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40073
₽46602
₽31785
₽27572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

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

-
-
-
23 639
health
-
-
-
4 334
total
-
-
-
45 163
Employee
35 108
-
78 674
-
unemployment
350
-
787
-
health
492
-
1 101
-
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.

2 457
-
5 507
-
income
6 044
-
13 729
-
total
9 343
-
21 124
-
Employer
35 108
-
78 674
-
other
1 756
-
3 934
-
health
492
-
1 101
-
accident
281
-
629
-
unemployment
350
-
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.

5 969
-
13 375
-
total
8 848
-
19 826
-
Corporate
54 544
98 500
-
-
income
11 454
20 685
-
-
total
11 454
20 685
-
-
Dividends
43 090
77 815
-
-
withholding
3 017
5 448
-
-
total
3 017
5 448
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 662
26 133
40 950
45 163
After tax
65 838
72 367
57 550
53 337
Living cost
25 765
25 765
25 765
25 765
Free-cash
40 073
46 602
31 785
27 572

Estimated living cost  is ₽25765 per week

₽18204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽415
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7443
₽6705
-₽4156
₽5178
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 248
pensions
-
-
-
7 221
total
-
-
-
27 469
Employee
93 173
-
86 738
-
health
1 535
-
1 403
-
pensions
8 989
-
8 217
-
income
16 795
-
15 423
-
total
27 319
-
25 043
-
Employer
93 173
-
86 738
-
health
1 770
-
1 648
-
pensions
11 001
-
10 112
-
total
12 771
-
11 760
-
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
-
7 227
-
-
total
-
7 227
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 090
25 942
36 803
27 469
After tax
58 410
72 558
61 697
71 031
Living cost
65 853
65 853
65 853
65 853
Free-cash
-7 443
6 705
-4 156
5 178

Estimated living cost  is ₽65853 per week

₽49345
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7737
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66415
₽71072
₽64250
₽61229
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 775
unemployment
-
-
-
140
pensions

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

-
-
-
5 183
health
-
-
-
4 027
total
-
-
-
24 125
Employee
17 406
-
91 629
-
health
801
-
1 611
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
pensions

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

1 528
-
3 075
-
income
1 740
-
9 163
-
total
4 261
-
14 234
-
Employer
17 406
-
91 629
-
health
1 201
-
2 416
-
accident

We are using the highest rate at 1.1%.

192
-
385
-
unemployment
104
-
210
-
pensions

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

1 918
-
3 859
-
total
3 415
-
6 870
-
Corporate
77 678
98 500
-
-
income
7 768
9 850
-
-
total
7 768
9 850
-
-
Dividends
69 910
88 650
-
-
withholding
3 495
4 432
-
-
total
3 495
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 939
14 282
21 104
24 125
After tax
79 561
84 218
77 396
74 375
Living cost
13 146
13 146
13 146
13 146
Free-cash
66 415
71 072
64 250
61 229

Estimated living cost  is ₽13146 per week

₽7675
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽939
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽348
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6844
-₽5923
-₽5492
₽2280
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 584
pensions
-
-
-
11 329
health
-
-
-
11 689
total
-
-
-
42 602
Employee
89 647
82 572
83 822
-
health
11 184
10 780
10 852
-
pensions
11 329
11 329
11 329
-
income

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

13 516
13 516
13 516
-
total
36 029
35 625
35 697
-
Employer
89 647
82 572
83 822
-
health
6 230
5 740
5 826
-
unemployment
3 228
2 973
3 018
-
pensions
6 239
5 747
5 833
-
total
15 697
14 460
14 677
-
Corporate
-
1 469
-
-
income
-
294
-
-
total
-
294
-
-
Dividends
-
1 175
-
-
income
-
250
-
-
withholding
-
176
-
-
total
-
426
-
-
Income
98 500
98 500
98 500
98 500
Total tax
51 726
50 805
50 374
42 602
After tax
46 774
47 695
48 126
55 898
Living cost
53 618
53 618
53 618
53 618
Free-cash
-6 844
-5 923
-5 492
2 280

Estimated living cost  is ₽53618 per week

₽39552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4789
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35302
₽43850
₽26018
₽24008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 297
solidarity contribution
-
-
-
-
total
-
-
-
50 525
Employee
35 246
-
73 508
-
social contributions
2 291
-
4 778
-
health
4 758
-
9 923
-
solidarity contribution
-
-
-
-
income
4 229
-
8 821
-
total
11 278
-
23 522
-
Employer
35 246
-
73 508
-
health
3 172
-
6 616
-
social contributions
8 811
-
18 377
-
total
11 983
-
24 993
-
Corporate
51 271
98 500
-
-
income
9 741
18 715
-
-
total
9 741
18 715
-
-
Dividends
41 529
79 785
-
-
withholding
6 229
11 968
-
-
total
6 229
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 231
30 683
48 515
50 525
After tax
59 269
67 817
49 985
47 975
Living cost
23 967
23 967
23 967
23 967
Free-cash
35 302
43 850
26 018
24 008

Estimated living cost  is ₽23967 per week

₽16648
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1705
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6705
₽11753
₽4952
₽9639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 090
social contributions
-
-
-
25 335
municipal
-
-
-
585
national
-
-
-
21 050
total
-
-
-
48 060
Employee
85 935
-
98 500
-
social contributions
28 977
-
33 214
-
national
14 890
-
18 056
-
regional
811
-
954
-
municipal
455
-
523
-
total
45 133
-
52 747
-
Employer
85 935
-
98 500
-
total
-
-
-
-
Corporate
12 565
98 500
-
-
municipal
490
3 842
-
-
nationa
3 015
23 639
-
-
total
3 505
27 481
-
-
Dividends
9 060
71 018
-
-
withholding
2 356
18 465
-
-
total
2 356
18 465
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 994
45 946
52 747
48 060
After tax
47 506
52 554
45 753
50 440
Living cost
40 801
40 801
40 801
40 801
Free-cash
6 705
11 753
4 952
9 639

Estimated living cost  is ₽40801 per week

₽28441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37609
₽40619
₽27246
₽29153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
-
surtax
-
-
-
2 316
income
-
-
-
18 781
unemployment
-
-
-
220
pensions
-
-
-
19 700
health
-
-
-
6 993
total
-
-
-
48 010
Employee
31 976
-
81 371
-
other
-
-
-
-
unemployment
2 226
-
5 663
-
health
817
-
2 073
-
surtax
105
-
2 095
-
pensions
2 132
-
5 428
-
income
5 360
-
17 529
-
total
10 640
-
32 788
-
Employer
31 976
-
81 371
-
other
-
-
-
-
health
1 455
-
3 703
-
unemployment
1 013
-
2 580
-
pensions
4 263
-
10 846
-
total
6 731
-
17 129
-
Corporate
59 794
98 500
-
-
income
15 546
25 610
-
-
total
15 546
25 610
-
-
Dividends
44 248
72 890
-
-
withholding
6 637
10 934
-
-
total
6 637
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 554
36 544
49 917
48 010
After tax
58 946
61 956
48 583
50 490
Living cost
21 337
21 337
21 337
21 337
Free-cash
37 609
40 619
27 246
29 153

Estimated living cost  is ₽21337 per week

₽13046
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21064
₽27569
₽16708
₽26042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 248
pensions
-
-
-
7 221
total
-
-
-
27 469
Employee
62 442
-
86 738
-
health
906
-
1 403
-
pensions
5 300
-
8 217
-
income
11 246
-
15 423
-
total
17 452
-
25 043
-
Employer
62 442
-
86 738
-
health
1 186
-
1 648
-
pensions
6 759
-
10 112
-
total
7 945
-
11 760
-
Corporate
28 113
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.

5 341
18 715
-
-
total
5 341
18 715
-
-
Dividends
22 772
79 785
-
-
withholding
1 709
7 227
-
-
total
1 709
7 227
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 447
25 942
36 803
27 469
After tax
66 053
72 558
61 697
71 031
Living cost
44 989
44 989
44 989
44 989
Free-cash
21 064
27 569
16 708
26 042

Estimated living cost  is ₽44989 per week

₽33706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3372
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽7
-₽31814
₽469
₽5432
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other

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.

-
-
-
1 970
regional
-
-
-
3 316
city
-
-
-
1 038
pensions
-
-
-
9 062
health
-
-
-
251
national
-
-
-
576
total
-
-
-
16 213
Employee
89 940
-
88 165
-
national
426
-
412
-
unemployment
-
-
-
-
regional
2 945
-
2 848
-
city
965
-
947
-
health
203
-
197
-
pensions
7 556
-
7 406
-
total
12 095
-
11 810
-
Employer
89 940
-
88 165
-
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.

1 798
-
1 763
-
health
203
-
197
-
unemployment
-
-
-
-
pensions
7 556
-
7 406
-
total
9 557
-
9 366
-
Corporate
-
98 500
-
-
national
-
8 373
-
-
regional
-
20 833
-
-
total
-
29 206
-
-
Dividends
-
69 294
-
-
withholding
-
24 253
-
-
total
-
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 652
53 459
21 176
16 213
After tax
76 848
45 041
77 324
82 287
Living cost
76 855
76 855
76 855
76 855
Free-cash
-7
-31 814
469
5 432

Estimated living cost  is ₽76855 per week

₽49977
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6897
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽944
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽20167
₽4487
₽25603
₽16421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 182
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.

-
-
-
1 147
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.

-
-
-
20 848
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.

-
-
-
6 606
total
-
-
-
37 783
Employee

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

58 111
-
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.

6 606
-
6 606
-
surtax

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

376
-
1 147
-
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.

6 833
-
20 848
-
total
13 815
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 389
98 500
-
-
surtax

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

334
813
-
-
trade
6 927
16 892
-
-
chamber of commerce
204
286
-
-
income
6 059
14 775
-
-
total
13 524
32 766
-
-
Dividends
26 866
65 734
-
-
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.

349
884
-
-
withholding
6 349
16 067
-
-
total
6 698
16 951
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 037
49 717
28 601
37 783
After tax
64 463
48 783
69 899
60 717
Living cost
44 296
44 296
44 296
44 296
Free-cash
20 167
4 487
25 603
16 421

Estimated living cost  is ₽44296 per week

₽32352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
₽22271
₽16561
₽28849
₽23585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 057
surtax
-
-
-
-
social contributions
-
-
-
2 807
income
-
-
-
9 637
pensions
-
-
-
24 409
health
-
-
-
1 923
total
-
-
-
41 833
Employee
41 383
-
79 903
-
social contributions
1 180
-
2 277
-
surtax
-
-
-
-
pensions
4 679
-
3 841
-
income
2 442
-
11 853
-
total
8 301
-
17 971
-
Employer
41 383
-
79 903
-
other
1 428
-
2 756
-
health
2 897
-
5 593
-
social contributions
125
-
240
-
unemployment
1 675
-
3 237
-
pensions
6 798
-
6 772
-
total
12 923
-
18 598
-
Corporate
44 193
98 500
-
-
surtax
-
-
-
-
income
12 375
27 581
-
-
total
12 375
27 581
-
-
Dividends
31 819
70 919
-
-
withholding
4 074
9 077
-
-
social contributions
5 474
12 199
-
-
surtax
-
-
-
-
total
9 548
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 147
48 857
36 569
41 833
After tax
55 353
49 643
61 931
56 667
Living cost
33 082
33 082
33 082
33 082
Free-cash
22 271
16 561
28 849
23 585

Estimated living cost  is ₽33082 per week

₽20860
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25215
₽19839
₽32127
₽26863
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 057
surtax
-
-
-
-
social contributions
-
-
-
2 807
income
-
-
-
9 637
pensions
-
-
-
24 409
health
-
-
-
1 923
total
-
-
-
41 833
Employee
36 940
-
79 903
-
social contributions
1 053
-
2 277
-
surtax
-
-
-
-
pensions
4 178
-
3 841
-
income
1 905
-
11 853
-
total
7 136
-
17 971
-
Employer
36 940
-
79 903
-
other
1 275
-
2 756
-
health
2 585
-
5 593
-
social contributions
110
-
240
-
unemployment
1 495
-
3 237
-
pensions
6 070
-
6 772
-
total
11 535
-
18 598
-
Corporate
50 024
98 500
-
-
surtax
-
-
-
-
income
14 006
27 581
-
-
total
14 006
27 581
-
-
Dividends
36 017
70 919
-
-
withholding
4 609
9 077
-
-
social contributions
6 195
12 199
-
-
surtax
-
-
-
-
total
10 804
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 481
48 857
36 569
41 833
After tax
55 019
49 643
61 931
56 667
Living cost
29 804
29 804
29 804
29 804
Free-cash
25 215
19 839
32 127
26 863

Estimated living cost  is ₽29804 per week

₽17285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3028
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40093
₽39591
₽42833
₽42754
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
13 593
income
-
-
-
14 775
health
-
-
-
6 875
total
-
-
-
35 243
Employee
32 785
-
98 500
-
social contributions
4 525
-
13 593
-
health
2 288
-
6 875
-
income
5 468
-
14 696
-
total
12 281
-
35 164
-
Employer
32 785
-
98 500
-
total
-
-
-
-
Corporate
65 715
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%.

3 286
4 925
-
-
total
3 286
4 925
-
-
Dividends
62 429
93 575
-
-
social contributions
8 615
12 914
-
-
withholding
9 364
14 035
-
-
health
4 358
6 532
-
-
total
22 337
33 481
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 904
38 406
35 164
35 243
After tax
60 596
60 094
63 336
63 257
Living cost
20 503
20 503
20 503
20 503
Free-cash
40 093
39 591
42 833
42 754

Estimated living cost  is ₽20503 per week

₽13722
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1264
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.
₽5044
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19616
₽21116
-₽4420
₽15654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
191
chamber of commerce
-
-
-
395
income
-
-
-
16 500
unemployment
-
-
-
5 930
pensions
-
-
-
18 223
health
-
-
-
7 536
total
-
-
-
48 775
Employee
48 323
38 534
76 338
-
other
483
385
763
-
unemployment
1 450
1 156
2 290
-
health
1 870
1 492
2 954
-
pensions
4 949
3 945
7 817
-
income
5 501
2 842
14 696
-
total
14 253
9 820
28 520
-
Employer
48 323
38 534
76 338
-
other
2 295
1 829
3 626
-
chamber of commerce
193
154
305
-
surtax
191
191
191
-
health
1 826
1 457
2 886
-
accident
628
501
993
-
payroll
1 450
1 156
2 290
-
unemployment
1 450
1 156
2 290
-
pensions
6 064
4 837
9 580
-
total
14 097
11 281
22 161
-
Corporate
36 081
48 685
72 670
-
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.

9 021
12 171
18 168
-
total
9 021
12 171
18 168
-
Dividends
27 061
36 514
-
-
withholding
7 442
10 041
-
-
total
7 442
10 041
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 813
43 313
68 849
48 775
After tax
53 687
55 187
29 651
49 725
Living cost
34 071
34 071
34 071
34 071
Free-cash
19 616
21 116
-4 420
15 654

Estimated living cost  is ₽34071 per week

₽22724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2907
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7881
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5479
₽19979
₽3034
₽10787
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 463
communal

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

-
-
-
4 982
national
-
-
-
32 012
total
-
-
-
52 457
Employee

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

69 165
-
76 292
-
national
21 264
-
24 051
-
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.

602
-
664
-
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.

3 250
-
3 585
-
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.

5 187
-
5 721
-
communal

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

3 607
-
3 980
-
total
33 910
-
38 001
-
Employer

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

69 165
-
76 292
-
surtax
7 842
-
8 650
-
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.

4 253
-
4 692
-
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.

899
-
993
-
unemployment

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

1 009
-
1 114
-
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.

6 129
-
6 760
-
total
20 132
-
22 209
-
Corporate
9 202
98 500
-
-
surtax
37
395
-
-
income
1 840
19 700
-
-
total
1 877
20 095
-
-
Dividends
7 325
78 406
-
-
withholding

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

1 846
23 170
-
-
total
1 846
23 170
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 765
43 265
60 210
52 457
After tax
40 735
55 235
38 290
46 043
Living cost
35 256
35 256
35 256
35 256
Free-cash
5 479
19 979
3 034
10 787

Estimated living cost  is ₽35256 per week

₽22709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3083
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.
₽8912
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23742
₽31443
₽17036
₽18084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
90
income
-
-
-
18 609
unemployment
-
-
-
628
pensions
-
-
-
25 362
accident
-
-
-
807
total
-
-
-
45 496
Employee
48 131
-
74 690
-
other
48
-
75
-
unemployment
747
-
1 158
-
pensions
2 262
-
3 510
-
income
10 155
-
17 992
-
total
13 212
-
22 735
-
Employer
48 131
-
74 690
-
other
384
-
596
-
accident
952
-
1 479
-
unemployment
2 648
-
4 108
-
pensions
11 358
-
17 626
-
total
15 342
-
23 809
-
Corporate
35 027
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.

5 253
14 775
-
-
total
5 253
14 775
-
-
Dividends
29 773
83 725
-
-
withholding
6 031
17 362
-
-
total
6 031
17 362
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 838
32 137
46 544
45 496
After tax
58 662
66 363
51 956
53 004
Living cost
34 920
34 920
34 920
34 920
Free-cash
23 742
31 443
17 036
18 084

Estimated living cost  is ₽34920 per week

₽25715
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2477
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1012
₽7687
₽7972
₽3606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
4 883
income
-
-
-
8 723
communal
-
-
-
6 226
pensions
-
-
-
14 764
accident
-
-
-
831
health
-
-
-
6 920
total
-
-
-
42 347
Employee
73 225
-
87 984
-
health
3 259
-
3 916
-
surtax
4 488
-
5 393
-
pensions
5 857
-
7 039
-
income
7 073
-
11 116
-
total
20 677
-
27 464
-
Employer
73 225
-
87 984
-
health
2 233
-
2 685
-
accident
659
-
793
-
pensions
5 857
-
7 039
-
total
8 749
-
10 517
-
Corporate
16 526
98 500
-
-
surtax
174
1 035
-
-
income
2 479
14 775
-
-
communal
-
6 648
-
-
total
2 653
22 458
-
-
Dividends
13 873
76 042
-
-
income
10 781
4 402
-
-
withholding
2 081
11 406
-
-
total
12 862
15 808
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 941
38 266
37 981
42 347
After tax
53 559
60 234
60 519
56 153
Living cost
52 547
52 547
52 547
52 547
Free-cash
1 012
7 687
7 972
3 606

Estimated living cost  is ₽52547 per week

₽39418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3184
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9388
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37162
₽40238
₽26865
₽28772
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
-
surtax
-
-
-
2 316
income
-
-
-
18 781
unemployment
-
-
-
220
pensions
-
-
-
19 700
health
-
-
-
6 993
total
-
-
-
48 010
Employee
32 563
-
81 371
-
other
-
-
-
-
unemployment
2 266
-
5 663
-
health
831
-
2 073
-
surtax
116
-
2 095
-
pensions
2 173
-
5 428
-
income
5 459
-
17 529
-
total
10 845
-
32 788
-
Employer
32 563
-
81 371
-
other
-
-
-
-
health
1 481
-
3 703
-
unemployment
1 033
-
2 580
-
pensions
4 341
-
10 846
-
total
6 855
-
17 129
-
Corporate
59 082
98 500
-
-
income
15 362
25 610
-
-
total
15 362
25 610
-
-
Dividends
43 720
72 890
-
-
withholding
6 558
10 934
-
-
total
6 558
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 620
36 544
49 917
48 010
After tax
58 880
61 956
48 583
50 490
Living cost
21 718
21 718
21 718
21 718
Free-cash
37 162
40 238
26 865
28 772

Estimated living cost  is ₽21718 per week

₽13112
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23581
₽25726
₽19334
₽23998
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 485
social contributions
-
-
-
25 335
municipal
-
-
-
585
national
-
-
-
21 050
total
-
-
-
48 455
Employee
53 637
-
98 500
-
social contributions
18 087
-
33 214
-
national
8 498
-
18 056
-
regional
722
-
1 326
-
municipal
284
-
523
-
total
27 591
-
53 119
-
Employer
53 637
-
98 500
-
total
-
-
-
-
Corporate
44 863
98 500
-
-
municipal
2 229
4 896
-
-
nationa
10 767
23 639
-
-
total
12 996
28 535
-
-
Dividends
31 866
69 965
-
-
withholding
8 285
18 192
-
-
total
8 285
18 192
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 872
46 727
53 119
48 455
After tax
49 628
51 773
45 381
50 045
Living cost
26 047
26 047
26 047
26 047
Free-cash
23 581
25 726
19 334
23 998

Estimated living cost  is ₽26047 per week

₽16199
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27747
₽38283
₽20451
₽18441
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 297
solidarity contribution
-
-
-
-
total
-
-
-
50 525
Employee
43 432
-
73 508
-
social contributions
2 823
-
4 778
-
health
5 863
-
9 923
-
solidarity contribution
-
-
-
-
income
5 212
-
8 821
-
total
13 898
-
23 522
-
Employer
43 432
-
73 508
-
health
3 909
-
6 616
-
social contributions
10 858
-
18 377
-
total
14 767
-
24 993
-
Corporate
40 301
98 500
-
-
income
7 657
18 715
-
-
total
7 657
18 715
-
-
Dividends
32 644
79 785
-
-
withholding
4 897
11 968
-
-
total
4 897
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
41 219
30 683
48 515
50 525
After tax
57 281
67 817
49 985
47 975
Living cost
29 534
29 534
29 534
29 534
Free-cash
27 747
38 283
20 451
18 441

Estimated living cost  is ₽29534 per week

₽21963
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1636
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23963
₽24441
-₽1162
₽19067
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
surtax
-
-
-
-
chamber of commerce
-
-
-
395
income
-
-
-
16 500
unemployment
-
-
-
5 930
pensions
-
-
-
18 223
health
-
-
-
7 536
total
-
-
-
48 584
Employee
42 267
38 534
76 484
-
other
422
385
765
-
unemployment
1 268
1 156
2 294
-
health
1 635
1 492
2 960
-
pensions
4 329
3 945
7 831
-
income
3 765
2 842
14 746
-
total
11 419
9 820
28 596
-
Employer
42 267
38 534
76 484
-
other
2 007
1 829
3 633
-
chamber of commerce
169
154
306
-
surtax
-
-
-
-
health
1 598
1 457
2 892
-
accident
549
501
995
-
payroll
1 268
1 156
2 294
-
unemployment
1 268
1 156
2 294
-
pensions
5 305
4 837
9 599
-
total
12 164
11 090
22 013
-
Corporate
44 069
48 876
72 818
-
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.

11 017
12 219
18 204
-
total
11 017
12 219
18 204
-
Dividends
33 052
36 657
-
-
withholding
9 088
10 081
-
-
total
9 088
10 081
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 688
43 210
68 813
48 584
After tax
54 812
55 290
29 687
49 916
Living cost
30 849
30 849
30 849
30 849
Free-cash
23 963
24 441
-1 162
19 067

Estimated living cost  is ₽30849 per week

₽18505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8643
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽77657
₽80170
₽65395
₽84110
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
16 756
-
98 500
-
income
3 351
-
19 700
-
total
3 351
-
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%.

81 744
98 500
-
-
total
-
-
-
-
Dividends
81 744
98 500
-
-
withholding
4 087
4 925
-
-
total
4 087
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 438
4 925
19 700
985
After tax
91 062
93 575
78 800
97 515
Living cost
13 405
13 405
13 405
13 405
Free-cash
77 657
80 170
65 395
84 110

Estimated living cost  is ₽13405 per week

₽9071
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽563
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.
₽3321
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33791
₽41884
₽22126
₽24945
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 789
unemployment
-
-
-
149
pensions
-
-
-
17 988
health
-
-
-
9 694
total
-
-
-
47 620
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.

42 758
-
85 230
-
unemployment
61
-
119
-
health
2 762
-
5 505
-
pensions
6 628
-
13 212
-
income
7 374
-
18 334
-
total
16 825
-
37 170
-
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.

42 758
-
85 230
-
health
2 848
-
5 675
-
unemployment
26
-
51
-
pensions
3 784
-
7 543
-
total
6 658
-
13 269
-
Corporate
49 085
98 500
-
-
income
9 327
18 714
-
-
total
9 327
18 714
-
-
Dividends
39 758
79 786
-
-
withholding
5 964
11 967
-
-
total
5 964
11 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 774
30 681
50 439
47 620
After tax
59 726
67 819
48 061
50 880
Living cost
25 935
25 935
25 935
25 935
Free-cash
33 791
41 884
22 126
24 945

Estimated living cost  is ₽25935 per week

₽17799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽59788
₽14121
₽38728
₽22265
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
65 679
-
-
-
social contributions
5 386
-
768
-
income
14 488
-
-
-
total
19 874
-
768
-
Employer
65 679
-
-
-
social contributions
92 608
-
13 198
-
total
92 608
-
13 198
-
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
112 482
38 573
13 966
30 429
After tax
-13 982
59 927
84 534
68 071
Living cost
45 806
45 806
45 806
45 806
Free-cash
-59 788
14 121
38 728
22 265

Estimated living cost  is ₽45806 per week

₽29721
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11193
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24723
₽25698
₽19563
₽24668
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
34 229
income
-
-
-
9 274
total
-
-
-
43 503
Employee
44 471
-
79 597
-
social contributions
4 892
-
8 756
-
surtax
-
-
-
-
income
9 250
-
20 949
-
total
14 142
-
29 705
-
Employer
44 471
-
79 597
-
social contributions
10 562
-
18 903
-
total
10 562
-
18 903
-
Corporate
43 467
98 500
-
-
surtax
-
-
-
-
income
9 129
20 685
-
-
total
9 129
20 685
-
-
Dividends
34 338
77 815
-
-
withholding
9 615
21 788
-
-
total
9 615
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 448
42 473
48 608
43 503
After tax
55 052
56 027
49 892
54 997
Living cost
30 329
30 329
30 329
30 329
Free-cash
24 723
25 698
19 563
24 668

Estimated living cost  is ₽30329 per week

₽22693
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1789
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.
₽5341
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9588
₽2942
₽15230
₽9966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 057
surtax
-
-
-
-
social contributions
-
-
-
2 807
income
-
-
-
9 637
pensions
-
-
-
24 409
health
-
-
-
1 923
total
-
-
-
41 833
Employee
60 561
-
79 903
-
social contributions
1 725
-
2 277
-
surtax
-
-
-
-
pensions
6 850
-
3 841
-
income
5 284
-
11 853
-
total
13 859
-
17 971
-
Employer
60 561
-
79 903
-
other
2 090
-
2 756
-
health
4 239
-
5 593
-
social contributions
182
-
240
-
unemployment
2 453
-
3 237
-
pensions
9 951
-
6 772
-
total
18 915
-
18 598
-
Corporate
19 025
98 500
-
-
surtax
-
-
-
-
income
5 327
27 581
-
-
total
5 327
27 581
-
-
Dividends
13 698
70 919
-
-
withholding
1 754
9 077
-
-
social contributions
2 356
12 199
-
-
surtax
-
-
-
-
total
4 110
21 276
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 211
48 857
36 569
41 833
After tax
56 289
49 643
61 931
56 667
Living cost
46 701
46 701
46 701
46 701
Free-cash
9 588
2 942
15 230
9 966

Estimated living cost  is ₽46701 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽640
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10633
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56336
₽59584
₽48571
₽45952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 811
total
-
-
-
23 482
Employee
31 086
-
85 281
-
income
-
-
2 103
-
social contributions
2 020
-
5 543
-
total
2 020
-
7 646
-
Employer
31 086
-
85 281
-
social contributions
4 819
-
13 217
-
total
4 819
-
13 217
-
Corporate
62 596
98 500
-
-
income
6 259
9 850
-
-
total
6 259
9 850
-
-
Dividends
56 337
88 650
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
13 098
9 850
20 863
23 482
After tax
85 402
88 650
77 637
75 018
Living cost
29 066
29 066
29 066
29 066
Free-cash
56 336
59 584
48 571
45 952

Estimated living cost  is ₽29066 per week

₽18793
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2191
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7534
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽111745
-₽111745
-₽111745
₽14505
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
labour market
-
-
-
7 813
municipal
-
-
-
18 396
pensions
-
-
-
836
national
-
-
-
10 477
total
-
-
-
37 522
Employee
196 151
196 151
196 151
-
national
23 963
23 963
23 963
-
pensions
279
279
279
-
municipal
41 769
41 769
41 769
-
labour market
15 670
15 670
15 670
-
total
81 681
81 681
81 681
-
Employer
196 151
196 151
196 151
-
national
24 005
24 005
24 005
-
labour market
15 692
15 692
15 692
-
pensions
558
558
558
-
municipal
41 836
41 836
41 836
-
total
82 091
82 091
82 091
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
163 772
163 772
163 772
37 522
After tax
-65 272
-65 272
-65 272
60 978
Living cost
46 473
46 473
46 473
46 473
Free-cash
-111 745
-111 745
-111 745
14 505

Estimated living cost  is ₽46473 per week

₽31807
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4111
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽715
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4825
-₽12587
₽30525
₽47015
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 310
pensions
-
-
-
3 948
accident
-
-
-
240
health
-
-
-
2 069
total
-
-
-
30 919
Employee
32 351
-
84 563
-
health
3 704
-
9 683
-
pensions
3 643
-
7 239
-
income
4 438
-
16 550
-
total
11 785
-
33 472
-
Employer
32 351
-
84 563
-
accident
540
-
1 412
-
unemployment
793
-
2 072
-
pensions
5 260
-
10 453
-
total
6 593
-
13 937
-
Corporate
59 556
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.

53 600
88 650
-
-
total
53 600
88 650
-
-
Dividends
5 956
9 850
-
-
withholding
1 131
1 871
-
-
total
1 131
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 109
90 521
47 409
30 919
After tax
25 391
7 979
51 091
67 581
Living cost
20 566
20 566
20 566
20 566
Free-cash
4 825
-12 587
30 525
47 015

Estimated living cost  is ₽20566 per week

₽14969
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1172
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽386
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4038
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26318
₽28231
₽18927
₽32620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 529
health
-
-
-
1 114
national
-
-
-
10 114
total
-
-
-
28 757
Employee
50 872
-
82 863
-
national
840
-
5 576
-
unemployment
763
-
1 242
-
health
380
-
872
-
pensions
3 433
-
5 593
-
municipal
8 332
-
13 529
-
total
13 748
-
26 812
-
Employer
50 872
-
82 863
-
health
391
-
639
-
accident
51
-
83
-
unemployment
330
-
539
-
pensions
8 826
-
14 377
-
total
9 598
-
15 638
-
Corporate
38 029
98 500
-
-
income
7 606
19 700
-
-
total
7 606
19 700
-
-
Dividends

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

22 818
59 100
-
-
municipal
4 107
10 639
-
-
national
-
2 807
-
-
total
4 107
13 446
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 059
33 146
42 450
28 757
After tax
63 441
65 354
56 050
69 743
Living cost
37 123
37 123
37 123
37 123
Free-cash
26 318
28 231
18 927
32 620

Estimated living cost  is ₽37123 per week

₽24249
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8714
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44440
₽49703
₽47144
₽47242
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
10 993
health
-
-
-
2 512
total
-
-
-
28 871
Employee
74 352
74 352
89 423
-
social contributions
2 811
6 171
7 422
-
health
576
1 264
1 519
-
income
8 096
6 883
10 951
-
total
11 483
14 318
19 892
-
Employer
74 352
74 352
89 423
-
health
626
1 376
1 655
-
social contributions
2 811
6 171
7 422
-
total
3 437
7 547
9 077
-
Corporate
61 193
16 601
-
-
income
7 650
2 075
-
-
total
7 650
2 075
-
-
Dividends
53 543
14 525
-
-
withholding
9 103
2 470
-
-
total
9 103
2 470
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 673
26 410
28 969
28 871
After tax
66 827
72 090
69 531
69 629
Living cost
22 387
22 387
22 387
22 387
Free-cash
44 440
49 703
47 144
47 242

Estimated living cost  is ₽22387 per week

₽13417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2196
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61296
₽66217
₽45394
₽64042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 428
unemployment
-
-
-
28
pensions
-
-
-
6 151
health
-
-
-
3 499
total
-
-
-
19 106
Employee

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

22 194
-
89 301
-
unemployment
110
-
446
-
health
1 886
-
7 591
-
pensions
3 329
-
13 395
-
income
1 517
-
7 123
-
total
6 842
-
28 555
-
Employer

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

22 194
-
89 301
-
health
954
-
3 841
-
unemployment
110
-
446
-
pensions
1 220
-
4 912
-
total
2 284
-
9 199
-
Corporate
74 021
98 500
-
-
income
6 663
8 865
-
-
total
6 663
8 865
-
-
Dividends
67 359
89 635
-
-
withholding
6 063
8 066
-
-
total
6 063
8 066
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 852
16 931
37 754
19 106
After tax
76 648
81 569
60 746
79 394
Living cost
15 352
15 352
15 352
15 352
Free-cash
61 296
66 217
45 394
64 042

Estimated living cost  is ₽15352 per week

₽9795
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3993
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34702
₽39774
₽25367
₽26415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
90
income
-
-
-
18 609
unemployment
-
-
-
628
pensions
-
-
-
25 362
accident
-
-
-
807
total
-
-
-
45 496
Employee
35 753
-
74 690
-
other
35
-
75
-
unemployment
554
-
1 158
-
pensions
1 681
-
3 510
-
income
6 893
-
17 992
-
total
9 163
-
22 735
-
Employer
35 753
-
74 690
-
other
286
-
596
-
accident
708
-
1 479
-
unemployment
1 967
-
4 108
-
pensions
8 437
-
17 626
-
total
11 398
-
23 809
-
Corporate
51 348
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.

7 703
14 775
-
-
total
7 703
14 775
-
-
Dividends
43 645
83 725
-
-
withholding
8 945
17 362
-
-
total
8 945
17 362
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 209
32 137
46 544
45 496
After tax
61 291
66 363
51 956
53 004
Living cost
26 589
26 589
26 589
26 589
Free-cash
34 702
39 774
25 367
26 415

Estimated living cost  is ₽26589 per week

₽17947
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5620
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59525
₽59798
₽61262
₽61381
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 357
pensions
-
-
-
1 215
health
-
-
-
881
total
-
-
-
35 453
Employee
2 538
-
97 133
-
unemployment
25
-
61
-
health
127
-
304
-
pensions
228
-
547
-
income
491
-
33 293
-
total
871
-
34 205
-
Employer
2 538
-
97 133
-
health
241
-
577
-
unemployment
51
-
122
-
pensions
279
-
668
-
total
571
-
1 367
-
Corporate
95 391
98 500
-
-
income
20 986
21 670
-
-
total
20 986
21 670
-
-
Dividends
74 405
76 830
-
-
withholding
14 881
15 366
-
-
total
14 881
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 309
37 036
35 572
35 453
After tax
61 191
61 464
62 928
63 047
Living cost
1 666
1 666
1 666
1 666
Free-cash
59 525
59 798
61 262
61 381

Estimated living cost  is ₽1666 per week

₽990
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽135
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽38
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽503
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49717
₽54468
₽35647
₽35647
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
19 182
unemployment
-
-
-
1 070
pensions
-
-
-
18 553
health
-
-
-
7 350
total
-
-
-
46 155
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.

25 179
-
85 727
-
unemployment
189
-
535
-
health
1 297
-
3 675
-
pensions
3 525
-
9 990
-
income
3 471
-
19 182
-
total
8 482
-
33 382
-
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.

25 179
-
85 727
-
health
1 297
-
3 675
-
unemployment
189
-
535
-
pensions
3 021
-
8 563
-
total
4 507
-
12 773
-
Corporate
68 814
98 500
-
-
income
10 322
14 775
-
-
total
10 322
14 775
-
-
Dividends
58 492
83 725
-
-
withholding
8 774
12 559
-
-
total
8 774
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 085
27 334
46 155
46 155
After tax
66 415
71 166
52 345
52 345
Living cost
16 698
16 698
16 698
16 698
Free-cash
49 717
54 468
35 647
35 647

Estimated living cost  is ₽16698 per week

₽11243
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29609
₽29959
₽23824
₽28929
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Based on articles 30.º, 31.º and 151.º of CIRS, sole-trader can use 75% of income as a tax base when earnings are below €200,000 per annum.

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

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

-
-
-
34 229
income
-
-
-
9 274
total
-
-
-
43 503
Employee
37 529
-
79 597
-
social contributions
4 129
-
8 756
-
surtax
-
-
-
-
income
7 333
-
20 949
-
total
11 462
-
29 705
-
Employer
37 529
-
79 597
-
social contributions
8 912
-
18 903
-
total
8 912
-
18 903
-
Corporate
52 059
98 500
-
-
surtax
-
-
-
-
income
10 933
20 685
-
-
total
10 933
20 685
-
-
Dividends
41 126
77 815
-
-
withholding
11 516
21 788
-
-
total
11 516
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 823
42 473
48 608
43 503
After tax
55 677
56 027
49 892
54 997
Living cost
26 068
26 068
26 068
26 068
Free-cash
29 609
29 959
23 824
28 929

Estimated living cost  is ₽26068 per week

₽18463
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5332
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25004
₽32381
₽17974
₽19022
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
90
income
-
-
-
18 609
unemployment
-
-
-
628
pensions
-
-
-
25 362
accident
-
-
-
807
total
-
-
-
45 496
Employee
46 698
-
74 690
-
other
46
-
75
-
unemployment
723
-
1 158
-
pensions
2 195
-
3 510
-
income
9 754
-
17 992
-
total
12 718
-
22 735
-
Employer
46 698
-
74 690
-
other
374
-
596
-
accident
925
-
1 479
-
unemployment
2 569
-
4 108
-
pensions
11 021
-
17 626
-
total
14 889
-
23 809
-
Corporate
36 913
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.

5 538
14 775
-
-
total
5 538
14 775
-
-
Dividends
31 375
83 725
-
-
withholding
6 369
17 362
-
-
total
6 369
17 362
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 514
32 137
46 544
45 496
After tax
58 986
66 363
51 956
53 004
Living cost
33 982
33 982
33 982
33 982
Free-cash
25 004
32 381
17 974
19 022

Estimated living cost  is ₽33982 per week

₽24405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2642
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6457
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60860
₽66971
₽60149
₽57128
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 775
unemployment
-
-
-
140
pensions

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

-
-
-
5 183
health
-
-
-
4 027
total
-
-
-
24 125
Employee
22 838
-
91 629
-
health
1 051
-
1 611
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
pensions

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

2 005
-
3 075
-
income
2 284
-
9 163
-
total
5 591
-
14 234
-
Employer
22 838
-
91 629
-
health
1 576
-
2 416
-
accident

We are using the highest rate at 1.1%.

251
-
385
-
unemployment
137
-
210
-
pensions

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

2 517
-
3 859
-
total
4 481
-
6 870
-
Corporate
71 181
98 500
-
-
income
7 118
9 850
-
-
total
7 118
9 850
-
-
Dividends
64 063
88 650
-
-
withholding
3 203
4 432
-
-
total
3 203
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
20 393
14 282
21 104
24 125
After tax
78 107
84 218
77 396
74 375
Living cost
17 247
17 247
17 247
17 247
Free-cash
60 860
66 971
60 149
57 128

Estimated living cost  is ₽17247 per week

₽11407
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4442
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26129
₽13479
₽32568
₽24885
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
7 683
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.

-
-
-
1 147
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.

-
-
-
20 848
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.

-
-
-
6 606
total
-
-
-
36 284
Employee

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

48 111
-
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.

6 606
-
6 606
-
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.

218
-
1 147
-
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.

3 956
-
20 848
-
total
10 780
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 389
98 500
-
-
surtax

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

417
813
-
-
trade
7 231
14 134
-
-
chamber of commerce
220
292
-
-
income
7 558
14 775
-
-
total
15 426
30 014
-
-
Dividends
34 963
68 486
-
-
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.

461
921
-
-
withholding
8 373
16 755
-
-
total
8 834
17 676
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 040
47 690
28 601
36 284
After tax
63 460
50 810
69 899
62 216
Living cost
37 331
37 331
37 331
37 331
Free-cash
26 129
13 479
32 568
24 885

Estimated living cost  is ₽37331 per week

₽25751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4017
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16002
₽13870
₽11203
₽11203
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 799
income
-
-
-
23 417
total
-
-
-
32 216
Employee
75 635
-
98 500
-
income
14 272
-
23 417
-
social contributions
6 284
-
8 799
-
total
20 556
-
32 216
-
Employer
75 635
-
98 500
-
total
-
-
-
-
Corporate
22 865
98 500
-
-
income
2 859
12 312
-
-
total
2 859
12 312
-
-
Dividends
20 006
86 188
-
-
withholding
4 002
17 237
-
-
total
4 002
17 237
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 417
29 549
32 216
32 216
After tax
71 083
68 951
66 284
66 284
Living cost
55 081
55 081
55 081
55 081
Free-cash
16 002
13 870
11 203
11 203

Estimated living cost  is ₽55081 per week

₽41904
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4488
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8162
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27458
₽23817
₽37268
₽29714
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
6 162
income
-
-
-
27 524
total
-
-
-
33 686
Employee
44 357
-
94 052
-
income
4 813
-
17 236
-
social contributions
4 444
-
4 448
-
total
9 257
-
21 684
-
Employer
44 357
-
94 052
-
social contributions
4 444
-
4 448
-
total
4 444
-
4 448
-
Corporate
49 699
98 500
-
-
income
17 395
34 475
-
-
total
17 395
34 475
-
-
Dividends
32 304
64 025
-
-
social contributions
4 846
5 108
-
-
total
4 846
5 108
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 942
39 583
26 132
33 686
After tax
62 558
58 917
72 368
64 814
Living cost
35 100
35 100
35 100
35 100
Free-cash
27 458
23 817
37 268
29 714

Estimated living cost  is ₽35100 per week

₽23120
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8674
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31669
₽35983
₽25122
₽34456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 248
pensions
-
-
-
7 221
total
-
-
-
27 469
Employee
50 204
-
86 738
-
health
655
-
1 403
-
pensions
3 832
-
8 217
-
income
9 143
-
15 423
-
total
13 630
-
25 043
-
Employer
50 204
-
86 738
-
health
954
-
1 648
-
pensions
5 072
-
10 112
-
total
6 026
-
11 760
-
Corporate
42 270
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.

8 032
18 715
-
-
total
8 032
18 715
-
-
Dividends
34 237
79 785
-
-
withholding
2 568
7 227
-
-
total
2 568
7 227
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 256
25 942
36 803
27 469
After tax
68 244
72 558
61 697
71 031
Living cost
36 575
36 575
36 575
36 575
Free-cash
31 669
35 983
25 122
34 456

Estimated living cost  is ₽36575 per week

₽25090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7661
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4511
-₽14623
₽28489
₽44979
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 310
pensions
-
-
-
3 948
accident
-
-
-
240
health
-
-
-
2 069
total
-
-
-
30 919
Employee
35 553
-
84 563
-
health
4 071
-
9 683
-
pensions
4 003
-
7 239
-
income
4 878
-
16 550
-
total
12 952
-
33 472
-
Employer
35 553
-
84 563
-
accident
594
-
1 412
-
unemployment
871
-
2 072
-
pensions
5 781
-
10 453
-
total
7 246
-
13 937
-
Corporate
55 701
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.

50 131
88 650
-
-
total
50 131
88 650
-
-
Dividends
5 570
9 850
-
-
withholding
1 058
1 871
-
-
total
1 058
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 387
90 521
47 409
30 919
After tax
27 113
7 979
51 091
67 581
Living cost
22 602
22 602
22 602
22 602
Free-cash
4 511
-14 623
28 489
44 979

Estimated living cost  is ₽22602 per week

₽16587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1317
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽65967
₽69830
₽49030
₽43200
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
492
health insurance
-
-
-
7 289
income
-
-
-
15 155
unemployment
-
-
-
1 182
pensions
-
-
-
18 124
total
-
-
-
42 242
Employee

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

20 892
-
98 500
-
health insurance
1 546
-
5 720
-
unemployment
251
-
928
-
pensions
3 844
-
14 223
-
income
2 089
-
15 155
-
work injury
104
-
386
-
total
7 834
-
36 412
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 608
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
77 608
97 515
-
-
withholding
11 641
14 627
-
-
total
11 641
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 475
15 612
36 412
42 242
After tax
79 025
82 888
62 088
56 258
Living cost
13 058
13 058
13 058
13 058
Free-cash
65 967
69 830
49 030
43 200

Estimated living cost  is ₽13058 per week

₽8090
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽949
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽407
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3612
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8965
₽13364
₽6449
₽10952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
1 984
social contributions
-
-
-
25 335
municipal
-
-
-
659
national
-
-
-
21 050
total
-
-
-
49 028
Employee
81 480
-
98 500
-
social contributions
27 474
-
33 214
-
national
13 769
-
18 056
-
regional
1 230
-
1 674
-
municipal
486
-
587
-
total
42 959
-
53 531
-
Employer
81 480
-
98 500
-
total
-
-
-
-
Corporate
17 020
98 500
-
-
municipal
820
4 747
-
-
nationa
4 085
23 639
-
-
total
4 905
28 386
-
-
Dividends
12 116
70 114
-
-
withholding
3 151
18 230
-
-
total
3 151
18 230
-
-
Income
98 500
98 500
98 500
98 500
Total tax
51 015
46 616
53 531
49 028
After tax
47 485
51 884
44 969
49 472
Living cost
38 520
38 520
38 520
38 520
Free-cash
8 965
13 364
6 449
10 952

Estimated living cost  is ₽38520 per week

₽27058
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8230
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

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