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
₽21675
₽41268
₽32551
₽31938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
21 591
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.

-
-
-
1 187
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.

-
-
-
6 341
trade
-
-
-
8 717
total
-
-
-
37 836
Employee

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

35 500
-
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.

55
-
1 187
-
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.

992
-
21 591
-
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.

6 341
-
6 341
-
total
7 388
-
29 119
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 000
98 500
-
-
income
9 450
14 774
-
-
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.

520
812
-
-
chamber of commerce
231
282
-
-
trade
9 922
15 514
-
-
total
20 123
31 382
-
-
Dividends
42 878
67 118
-
-
surtax

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

571
904
-
-
withholding
10 367
16 426
-
-
total
10 938
17 330
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 449
48 712
29 119
37 836
After tax
60 051
49 788
69 381
60 664
Living cost
28 113
28 113
28 113
28 113
Free-cash
31 938
21 675
41 268
32 551

Estimated living cost  is ₽28113 per week

₽17684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3278
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6626
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11678
₽10443
₽9669
₽10850
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 263
national
-
-
-
15 903
pensions
-
-
-
11 820
total
-
-
-
39 045
Employee
77 178
-
85 152
-
municipal
9 533
-
10 644
-
pensions
3 087
-
3 406
-
national
14 772
-
16 494
-
total
27 392
-
30 544
-
Employer
77 178
-
85 152
-
pensions
6 174
-
6 812
-
social contributions
830
-
915
-
total
7 004
-
7 727
-
Corporate
9 224
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%.

1 845
19 700
-
-
total
1 845
19 700
-
-
Dividends
7 379
78 800
-
-
withholding
1 623
17 336
-
-
total
1 623
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 864
37 036
38 271
39 045
After tax
60 636
61 464
60 229
59 455
Living cost
49 786
49 786
49 786
49 786
Free-cash
10 850
11 678
10 443
9 669

Estimated living cost  is ₽49786 per week

₽33839
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10574
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59489
₽36147
₽33209
₽51876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 314
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
microenterprise
-
-
-
-
total
-
-
-
45 981
Employee
27 121
-
79 377
-
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.

2 984
-
8 731
-
income
4 828
-
15 191
-
total
7 812
-
23 922
-
Employer
27 121
-
79 377
-
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.

6 533
-
19 121
-
surtax
-
-
-
-
total
6 533
-
19 121
-
Corporate
64 846
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%.

12 969
19 701
-
-
total
12 969
19 701
-
-
Dividends

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

51 877
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 314
19 701
43 043
45 981
After tax
71 186
78 799
55 457
52 519
Living cost
19 310
19 310
19 310
19 310
Free-cash
51 876
59 489
36 147
33 209

Estimated living cost  is ₽19310 per week

₽12319
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1839
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8914
₽10484
₽16995
₽3230
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 303
health
-
-
-
11 445
pensions
-
-
-
10 875
total
-
-
-
42 623
Employee
79 261
79 261
83 823
-
pensions
14 267
10 875
10 875
-
income

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

12 974
12 974
12 974
-
health
12 166
10 348
10 609
-
total
39 407
34 197
34 458
-
Employer
79 261
79 261
83 823
-
health
5 510
5 510
5 825
-
pensions
5 517
5 517
5 834
-
unemployment
2 853
2 853
3 017
-
total
13 880
13 880
14 676
-
Corporate
6 332
5 360
-
-
income
1 266
1 073
-
-
total
1 266
1 073
-
-
Dividends
5 065
4 287
-
-
income
1 076
911
-
-
withholding
759
643
-
-
total
1 835
1 554
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 388
50 704
49 134
42 623
After tax
42 112
47 796
49 366
55 877
Living cost
38 882
38 882
38 882
38 882
Free-cash
3 230
8 914
10 484
16 995

Estimated living cost  is ₽38882 per week

₽27555
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3505
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7204
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15915
₽14735
₽14390
₽15066
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
166
other
-
-
-
9 643
unemployment
-
-
-
83
health
-
-
-
5 178
municipal
-
-
-
22 203
national
-
-
-
-
pensions
-
-
-
8 971
total
-
-
-
46 244
Employee
53 955
-
74 950
-
municipal
16 089
-
22 350
-
national
-
-
-
-
total
16 089
-
22 350
-
Employer
53 955
-
74 950
-
health
3 318
-
4 609
-
pensions
5 832
-
8 102
-
accident
108
-
150
-
unemployment
1 424
-
1 979
-
other
6 270
-
8 709
-
total
16 952
-
23 549
-
Corporate
27 592
98 500
-
-
income
6 070
21 670
-
-
total
6 070
21 670
-
-
Dividends
21 522
76 830
-
-
withholding
6 457
23 049
-
-
total
6 457
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 568
44 719
45 899
46 244
After tax
52 932
53 781
52 601
52 256
Living cost
37 866
37 866
37 866
37 866
Free-cash
15 066
15 915
14 735
14 390

Estimated living cost  is ₽37866 per week

₽25096
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12818
₽32919
₽23815
₽25860
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
21 591
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.

-
-
-
1 187
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.

-
-
-
6 341
trade
-
-
-
9 104
total
-
-
-
38 223
Employee

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

47 069
-
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.

222
-
1 187
-
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.

4 044
-
21 591
-
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.

6 341
-
6 341
-
total
10 607
-
29 119
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 431
98 500
-
-
income
7 715
14 774
-
-
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.

424
812
-
-
chamber of commerce
215
282
-
-
trade
8 460
16 203
-
-
total
16 814
32 071
-
-
Dividends
34 617
66 429
-
-
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.

456
895
-
-
withholding
8 301
16 254
-
-
total
8 757
17 149
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 178
49 220
29 119
38 223
After tax
62 322
49 280
69 381
60 277
Living cost
36 462
36 462
36 462
36 462
Free-cash
25 860
12 818
32 919
23 815

Estimated living cost  is ₽36462 per week

₽24386
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7687
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41965
₽38896
₽39239
₽38114
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 627
social contributions
-
-
-
15 017
health
-
-
-
2 512
total
-
-
-
29 156
Employee
71 371
71 371
89 424
-
social contributions
3 468
5 923
7 422
-
income
7 495
6 607
11 481
-
health
710
1 214
1 520
-
total
11 673
13 744
20 423
-
Employer
71 371
71 371
89 424
-
health
773
1 321
1 654
-
social contributions
3 468
5 923
7 422
-
total
4 241
7 244
9 076
-
Corporate
52 481
19 885
-
-
income
6 561
2 485
-
-
total
6 561
2 485
-
-
Dividends
45 920
17 399
-
-
withholding
7 806
2 957
-
-
total
7 806
2 957
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 281
26 430
29 499
29 156
After tax
68 219
72 070
69 001
69 344
Living cost
30 105
30 105
30 105
30 105
Free-cash
38 114
41 965
38 896
39 239

Estimated living cost  is ₽30105 per week

₽20580
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2351
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.
₽6668
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽38467
₽40099
₽51234
₽38824
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 895
pensions
-
-
-
9 850
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.

24 542
9 768
82 427
-
unemployment
368
147
1 236
-
pensions
2 454
977
8 243
-
income
3 000
1 194
10 077
-
health
1 718
684
5 770
-
total
7 540
3 002
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.

24 542
9 768
82 427
-
pensions
4 786
1 905
16 073
-
total
4 786
1 905
16 073
-
Corporate
69 172
86 828
-
-
income
6 225
7 815
-
-
total
6 225
7 815
-
-
Dividends
62 946
79 013
-
-
social contributions
12 163
15 296
-
-
withholding
11 960
15 013
-
-
total
24 123
30 309
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 674
43 031
41 399
30 264
After tax
55 826
55 469
57 101
68 236
Living cost
17 002
17 002
17 002
17 002
Free-cash
38 824
38 467
40 099
51 234

Estimated living cost  is ₽17002 per week

₽11602
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.
₽340
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3669
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56381
₽34359
₽30376
₽50617
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 200
health
-
-
-
12 805
pensions
-
-
-
19 701
total
-
-
-
45 706
Employee
26 330
-
73 617
-
unemployment
421
-
1 178
-
pensions
527
-
1 472
-
income
2 964
-
14 193
-
total
3 912
-
16 843
-
Employer
26 330
-
73 617
-
health
3 422
-
9 569
-
pensions
5 266
-
14 723
-
unemployment
211
-
588
-
total
8 899
-
24 880
-
Corporate
63 269
98 500
-
-
income
12 654
19 701
-
-
total
12 654
19 701
-
-
Dividends
50 616
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 465
19 701
41 723
45 706
After tax
73 035
78 799
56 777
52 794
Living cost
22 418
22 418
22 418
22 418
Free-cash
50 617
56 381
34 359
30 376

Estimated living cost  is ₽22418 per week

₽15377
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1335
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12695
₽30475
₽46904
₽4807
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
237
income
-
-
-
24 379
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
30 923
Employee
32 520
-
84 659
-
pensions
3 662
-
7 169
-
income
4 461
-
16 648
-
health
3 724
-
9 694
-
total
11 847
-
33 511
-
Employer
32 520
-
84 659
-
pensions
5 288
-
10 353
-
accident
543
-
1 414
-
unemployment
797
-
2 074
-
total
6 628
-
13 841
-
Corporate
59 352
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.

53 417
88 650
-
-
total
53 417
88 650
-
-
Dividends
5 935
9 850
-
-
withholding
1 128
1 872
-
-
total
1 128
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 020
90 522
47 352
30 923
After tax
25 480
7 978
51 148
67 577
Living cost
20 673
20 673
20 673
20 673
Free-cash
4 807
-12 695
30 475
46 904

Estimated living cost  is ₽20673 per week

₽15152
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3945
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽85981
₽71206
₽89921
₽84557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
9 492
-
98 500
-
income
1 898
-
19 700
-
total
1 898
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

89 008
98 500
-
-
total
-
-
-
-
Dividends
89 008
98 500
-
-
withholding
4 451
4 925
-
-
total
4 451
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 349
4 925
19 700
985
After tax
92 151
93 575
78 800
97 515
Living cost
7 594
7 594
7 594
7 594
Free-cash
84 557
85 981
71 206
89 921

Estimated living cost  is ₽7594 per week

₽4706
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽631
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽209
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2048
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47635
₽32654
₽28582
₽41369
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 534
other
-
-
-
4 678
health
-
-
-
4 335
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
total
-
-
-
45 186
Employee
33 700
-
78 674
-
unemployment
336
-
787
-
pensions

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

2 358
-
5 508
-
income
5 802
-
13 892
-
health
472
-
1 101
-
total
8 968
-
21 288
-
Employer
33 700
-
78 674
-
health
472
-
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.

5 730
-
13 374
-
accident
269
-
629
-
unemployment
336
-
787
-
other
1 686
-
3 935
-
total
8 493
-
19 826
-
Corporate
56 306
98 500
-
-
income
11 824
20 685
-
-
total
11 824
20 685
-
-
Dividends
44 482
77 815
-
-
withholding
3 114
5 448
-
-
total
3 114
5 448
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 399
26 133
41 114
45 186
After tax
66 101
72 367
57 386
53 314
Living cost
24 732
24 732
24 732
24 732
Free-cash
41 369
47 635
32 654
28 582

Estimated living cost  is ₽24732 per week

₽17474
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1670
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽398
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5189
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9784
-₽235
₽8543
-₽527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 395
pensions
-
-
-
7 008
total
-
-
-
28 403
Employee
87 090
-
86 634
-
pensions
8 402
-
8 347
-
income
15 699
-
15 543
-
health
1 435
-
1 425
-
total
25 536
-
25 315
-
Employer
87 090
-
86 634
-
health
1 654
-
1 646
-
pensions
10 283
-
10 220
-
total
11 937
-
11 866
-
Corporate
-
98 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

-
18 715
-
-
total
-
18 715
-
-
Dividends
-
79 785
-
-
withholding
-
8 447
-
-
total
-
8 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 473
27 162
37 181
28 403
After tax
61 027
71 338
61 319
70 097
Living cost
61 554
61 554
61 554
61 554
Free-cash
-527
9 784
-235
8 543

Estimated living cost  is ₽61554 per week

₽46124
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7232
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽501
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽72047
₽66059
₽62898
₽67737
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 729
pensions

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

-
-
-
4 798
total
-
-
-
23 432
Employee
16 114
-
92 139
-
accident

We are using the highest rate at 1.1%.

177
-
357
-
pensions

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

1 415
-
2 847
-
income
1 611
-
9 214
-
health
741
-
1 491
-
total
3 944
-
13 909
-
Employer
16 114
-
92 139
-
health
1 112
-
2 237
-
pensions

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

1 776
-
3 573
-
accident

We are using the highest rate at 1.1%.

177
-
357
-
unemployment
96
-
195
-
total
3 161
-
6 362
-
Corporate
79 224
98 500
-
-
income
7 923
9 850
-
-
total
7 923
9 850
-
-
Dividends
71 301
88 650
-
-
withholding
3 565
4 433
-
-
total
3 565
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 593
14 283
20 271
23 432
After tax
79 907
84 217
78 229
75 068
Living cost
12 170
12 170
12 170
12 170
Free-cash
67 737
72 047
66 059
62 898

Estimated living cost  is ₽12170 per week

₽7105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽869
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽322
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3874
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3672
-₽2102
₽4409
-₽2619
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 303
health
-
-
-
11 445
pensions
-
-
-
10 875
total
-
-
-
42 623
Employee
86 052
79 261
83 823
-
pensions
10 875
10 875
10 875
-
income

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

12 974
12 974
12 974
-
health
10 735
10 348
10 609
-
total
34 584
34 197
34 458
-
Employer
86 052
79 261
83 823
-
health
5 980
5 510
5 825
-
pensions
5 989
5 517
5 834
-
unemployment
3 098
2 853
3 017
-
total
15 067
13 880
14 676
-
Corporate
-
5 360
-
-
income
-
1 073
-
-
total
-
1 073
-
-
Dividends
-
4 287
-
-
income
-
911
-
-
withholding
-
643
-
-
total
-
1 554
-
-
Income
98 500
98 500
98 500
98 500
Total tax
49 651
50 704
49 134
42 623
After tax
48 849
47 796
49 366
55 877
Living cost
51 468
51 468
51 468
51 468
Free-cash
-2 619
-3 672
-2 102
4 409

Estimated living cost  is ₽51468 per week

₽37966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4597
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.
₽8315
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44711
₽26878
₽24869
₽36468
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 466
social contributions
-
-
-
28 762
solidarity contribution
-
-
-
-
health
-
-
-
13 297
total
-
-
-
50 525
Employee
33 980
-
73 507
-
solidarity contribution
-
-
-
-
social contributions
2 209
-
4 778
-
income
4 078
-
8 821
-
health
4 587
-
9 924
-
total
10 874
-
23 523
-
Employer
33 980
-
73 507
-
health
3 058
-
6 616
-
social contributions
8 495
-
18 377
-
total
11 553
-
24 993
-
Corporate
52 967
98 500
-
-
income
10 064
18 715
-
-
total
10 064
18 715
-
-
Dividends
42 903
79 785
-
-
withholding
6 435
11 968
-
-
total
6 435
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 926
30 683
48 516
50 525
After tax
59 574
67 817
49 984
47 975
Living cost
23 106
23 106
23 106
23 106
Free-cash
36 468
44 711
26 878
24 869

Estimated living cost  is ₽23106 per week

₽16050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13390
₽6309
₽10998
₽8543
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 334
regional
-
-
-
1 097
municipal
-
-
-
585
national
-
-
-
21 321
total
-
-
-
48 337
Employee
82 489
-
98 500
-
municipal
437
-
523
-
national
14 293
-
18 327
-
regional
778
-
962
-
social contributions
27 815
-
33 214
-
total
43 323
-
53 026
-
Employer
82 489
-
98 500
-
total
-
-
-
-
Corporate
16 011
98 500
-
-
municipal
625
3 842
-
-
nationa
3 843
23 639
-
-
total
4 468
27 481
-
-
Dividends
11 542
71 019
-
-
withholding
3 001
18 464
-
-
total
3 001
18 464
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 792
45 945
53 026
48 337
After tax
47 708
52 555
45 474
50 163
Living cost
39 165
39 165
39 165
39 165
Free-cash
8 543
13 390
6 309
10 998

Estimated living cost  is ₽39165 per week

₽27301
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2568
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8694
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41476
₽27699
₽29507
₽38587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 185
other
-
-
-
-
surtax
-
-
-
2 422
unemployment
-
-
-
211
health
-
-
-
6 993
pensions
-
-
-
19 701
total
-
-
-
48 512
Employee
30 694
-
81 371
-
other
-
-
-
-
unemployment
2 137
-
5 663
-
pensions
2 047
-
5 427
-
surtax
100
-
2 189
-
income
5 145
-
17 839
-
health
784
-
2 075
-
total
10 213
-
33 193
-
Employer
30 694
-
81 371
-
health
1 397
-
3 702
-
pensions
4 092
-
10 846
-
unemployment
972
-
2 579
-
other
-
-
-
-
total
6 461
-
17 127
-
Corporate
61 346
98 500
-
-
income
15 949
25 610
-
-
total
15 949
25 610
-
-
Dividends
45 397
72 890
-
-
withholding
6 809
10 933
-
-
total
6 809
10 933
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 432
36 543
50 320
48 512
After tax
59 068
61 957
48 180
49 988
Living cost
20 481
20 481
20 481
20 481
Free-cash
38 587
41 476
27 699
29 507

Estimated living cost  is ₽20481 per week

₽12523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
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.
₽5596
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29286
₽19267
₽28045
₽24507
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 395
pensions
-
-
-
7 008
total
-
-
-
28 403
Employee
58 366
-
86 634
-
pensions
4 954
-
8 347
-
income
10 512
-
15 543
-
health
847
-
1 425
-
total
16 313
-
25 315
-
Employer
58 366
-
86 634
-
health
1 109
-
1 646
-
pensions
6 318
-
10 220
-
total
7 427
-
11 866
-
Corporate
32 708
98 500
-
-
income

It is proposed for this rate to fall to 17% from the financial year starting on 1 April, 2020. Also, where the taxable profits can be attributed to the exploitation of patents, a lower rate of 10% applies.

6 215
18 715
-
-
total
6 215
18 715
-
-
Dividends
26 493
79 785
-
-
withholding
1 986
8 447
-
-
total
1 986
8 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 941
27 162
37 181
28 403
After tax
66 559
71 338
61 319
70 097
Living cost
42 052
42 052
42 052
42 052
Free-cash
24 507
29 286
19 267
28 045

Estimated living cost  is ₽42052 per week

₽31505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3152
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6955
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽28882
₽3299
₽8198
₽2745
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 971
regional
-
-
-
3 423
health
-
-
-
241
city
-
-
-
1 039
national
-
-
-
642
pensions
-
-
-
9 062
total
-
-
-
16 378
Employee
86 510
-
88 164
-
unemployment
-
-
-
-
pensions
7 268
-
7 405
-
national
409
-
440
-
regional
2 833
-
2 922
-
city
928
-
947
-
health
196
-
197
-
total
11 634
-
11 911
-
Employer
86 510
-
88 164
-
health
196
-
197
-
pensions
7 268
-
7 405
-
unemployment
-
-
-
-
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.

1 730
-
1 764
-
total
9 194
-
9 366
-
Corporate
1 846
98 500
-
-
regional
391
20 832
-
-
national
158
8 373
-
-
total
549
29 205
-
-
Dividends
1 297
69 295
-
-
withholding
454
24 253
-
-
total
454
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 831
53 458
21 277
16 378
After tax
76 669
45 042
77 223
82 122
Living cost
73 924
73 924
73 924
73 924
Free-cash
2 745
-28 882
3 299
8 198

Estimated living cost  is ₽73924 per week

₽48072
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6634
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽908
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18310
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽6255
₽26862
₽17370
₽21305
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
21 591
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.

-
-
-
1 187
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.

-
-
-
6 341
trade
-
-
-
9 492
total
-
-
-
38 611
Employee

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

55 781
-
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.

361
-
1 187
-
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.

6 559
-
21 591
-
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.

6 341
-
6 341
-
total
13 261
-
29 119
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 719
98 500
-
-
income
6 408
14 774
-
-
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.

352
812
-
-
chamber of commerce
201
280
-
-
trade
7 327
16 893
-
-
total
14 288
32 759
-
-
Dividends
28 431
65 741
-
-
surtax

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

372
884
-
-
withholding
6 755
16 083
-
-
total
7 127
16 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 676
49 726
29 119
38 611
After tax
63 824
48 774
69 381
59 889
Living cost
42 519
42 519
42 519
42 519
Free-cash
21 305
6 255
26 862
17 370

Estimated living cost  is ₽42519 per week

₽31054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3401
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17891
₽29522
₽24799
₽23370
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 184
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 808
health
-
-
-
2 137
pensions
-
-
-
23 758
total
-
-
-
41 946
Employee
39 724
-
79 706
-
pensions
4 491
-
3 991
-
surtax
-
-
-
-
social contributions
1 133
-
2 270
-
income
2 344
-
12 167
-
total
7 968
-
18 428
-
Employer
39 724
-
79 706
-
health
2 781
-
5 580
-
pensions
6 526
-
6 997
-
unemployment
1 608
-
3 229
-
social contributions
120
-
240
-
other
1 370
-
2 749
-
total
12 405
-
18 795
-
Corporate
46 371
98 500
-
-
income
12 985
27 579
-
-
surtax
-
-
-
-
total
12 985
27 579
-
-
Dividends
33 386
70 921
-
-
surtax
-
-
-
-
social contributions
5 744
12 197
-
-
withholding
4 273
9 078
-
-
total
10 017
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 375
48 854
37 223
41 946
After tax
55 125
49 646
61 277
56 554
Living cost
31 755
31 755
31 755
31 755
Free-cash
23 370
17 891
29 522
24 799

Estimated living cost  is ₽31755 per week

₽20023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2582
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽21037
₽32668
₽27945
₽26192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 184
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 808
health
-
-
-
2 137
pensions
-
-
-
23 758
total
-
-
-
41 946
Employee
35 459
-
79 706
-
pensions
4 011
-
3 991
-
surtax
-
-
-
-
social contributions
1 011
-
2 270
-
income
1 828
-
12 167
-
total
6 850
-
18 428
-
Employer
35 459
-
79 706
-
health
2 482
-
5 580
-
pensions
5 827
-
6 997
-
unemployment
1 436
-
3 229
-
social contributions
106
-
240
-
other
1 224
-
2 749
-
total
11 075
-
18 795
-
Corporate
51 967
98 500
-
-
income
14 551
27 579
-
-
surtax
-
-
-
-
total
14 551
27 579
-
-
Dividends
37 417
70 921
-
-
surtax
-
-
-
-
social contributions
6 434
12 197
-
-
withholding
4 789
9 078
-
-
total
11 223
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 699
48 854
37 223
41 946
After tax
54 801
49 646
61 277
56 554
Living cost
28 609
28 609
28 609
28 609
Free-cash
26 192
21 037
32 668
27 945

Estimated living cost  is ₽28609 per week

₽16592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2906
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽542
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8569
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40413
₽43454
₽43578
₽40895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
14 774
social contributions
-
-
-
13 592
health
-
-
-
6 875
total
-
-
-
35 241
Employee
31 470
-
98 500
-
social contributions
4 344
-
13 592
-
income
5 249
-
14 898
-
health
2 196
-
6 875
-
total
11 789
-
35 365
-
Employer
31 470
-
98 500
-
total
-
-
-
-
Corporate
67 030
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%.

3 352
4 925
-
-
total
3 352
4 925
-
-
Dividends
63 678
93 575
-
-
social contributions
8 787
12 914
-
-
withholding
9 552
14 036
-
-
health
4 444
6 531
-
-
total
22 783
33 481
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 924
38 406
35 365
35 241
After tax
60 576
60 094
63 135
63 259
Living cost
19 681
19 681
19 681
19 681
Free-cash
40 895
40 413
43 454
43 578

Estimated living cost  is ₽19681 per week

₽13171
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4842
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22413
-₽3550
₽16702
₽20983
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 064
surtax
-
-
-
183
unemployment
-
-
-
5 693
chamber of commerce
-
-
-
395
health
-
-
-
7 535
pensions
-
-
-
18 223
total
-
-
-
49 093
Employee
46 385
36 988
76 344
-
other
463
370
763
-
unemployment
1 391
1 110
2 290
-
pensions
4 750
3 787
7 817
-
income
5 281
2 728
15 162
-
health
1 795
1 432
2 954
-
total
13 680
9 427
28 986
-
Employer
46 385
36 988
76 344
-
chamber of commerce
185
148
305
-
health
1 753
1 399
2 885
-
pensions
5 821
4 643
9 582
-
accident
602
481
992
-
unemployment
1 391
1 110
2 290
-
surtax
183
183
183
-
payroll
1 391
1 110
2 290
-
other
2 203
1 756
3 625
-
total
13 529
10 830
22 152
-
Corporate
38 584
50 683
72 826
-
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.

9 645
12 671
18 207
-
total
9 645
12 671
18 207
-
Dividends
28 939
38 012
-
-
withholding
7 958
10 454
-
-
total
7 958
10 454
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 812
43 382
69 345
49 093
After tax
53 688
55 118
29 155
49 407
Living cost
32 705
32 705
32 705
32 705
Free-cash
20 983
22 413
-3 550
16 702

Estimated living cost  is ₽32705 per week

₽21813
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2790
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21379
₽4214
₽11729
₽7461
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal

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

-
-
-
4 969
social contributions
-
-
-
15 673
national
-
-
-
32 287
total
-
-
-
52 929
Employee

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

66 392
-
76 291
-
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.

578
-
664
-
communal

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

3 463
-
3 979
-
pensions

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

4 979
-
5 723
-
national
20 411
-
24 283
-
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.

3 119
-
3 586
-
total
32 550
-
38 235
-
Employer

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

66 392
-
76 291
-
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.

4 083
-
4 692
-
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.

5 883
-
6 760
-
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.

863
-
992
-
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.

969
-
1 113
-
surtax
7 528
-
8 652
-
total
19 326
-
22 209
-
Corporate
12 783
98 500
-
-
income
2 556
19 701
-
-
surtax
51
395
-
-
total
2 607
20 096
-
-
Dividends
10 176
78 405
-
-
withholding

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

2 714
23 183
-
-
total
2 714
23 183
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 197
43 279
60 444
52 929
After tax
41 303
55 221
38 056
45 571
Living cost
33 842
33 842
33 842
33 842
Free-cash
7 461
21 379
4 214
11 729

Estimated living cost  is ₽33842 per week

₽21799
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2959
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8555
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32836
₽18121
₽19847
₽25438
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
775
income
-
-
-
19 325
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
45 133
Employee
46 201
-
74 688
-
other
46
-
74
-
unemployment
717
-
1 157
-
pensions
2 172
-
3 510
-
income
9 748
-
18 308
-
total
12 683
-
23 049
-
Employer
46 201
-
74 688
-
pensions
10 903
-
17 626
-
accident
914
-
1 480
-
unemployment
2 542
-
4 107
-
other
368
-
597
-
total
14 727
-
23 810
-
Corporate
37 572
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.

5 636
14 774
-
-
total
5 636
14 774
-
-
Dividends
31 936
83 726
-
-
withholding
6 496
17 370
-
-
total
6 496
17 370
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 542
32 144
46 859
45 133
After tax
58 958
66 356
51 641
53 367
Living cost
33 520
33 520
33 520
33 520
Free-cash
25 438
32 836
18 121
19 847

Estimated living cost  is ₽33520 per week

₽24684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2378
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.
₽5975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9648
₽9418
₽5174
₽3055
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
communal
-
-
-
6 225
accident
-
-
-
830
income
-
-
-
9 265
surtax
-
-
-
4 882
health
-
-
-
6 920
pensions
-
-
-
14 764
total
-
-
-
42 886
Employee
70 289
-
87 985
-
pensions
5 622
-
7 038
-
surtax
4 308
-
5 392
-
income
6 789
-
11 782
-
health
3 128
-
3 915
-
total
19 847
-
28 127
-
Employer
70 289
-
87 985
-
health
2 144
-
2 684
-
pensions
5 622
-
7 038
-
accident
632
-
793
-
total
8 398
-
10 515
-
Corporate
19 813
98 500
-
-
communal
-
6 649
-
-
income
2 971
14 774
-
-
surtax
208
1 034
-
-
total
3 179
22 457
-
-
Dividends
16 634
76 043
-
-
income
11 085
4 548
-
-
withholding
2 496
11 407
-
-
total
13 581
15 955
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 005
38 412
38 642
42 886
After tax
53 495
60 088
59 858
55 614
Living cost
50 440
50 440
50 440
50 440
Free-cash
3 055
9 648
9 418
5 174

Estimated living cost  is ₽50440 per week

₽37837
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3056
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41110
₽27333
₽29141
₽38157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 185
other
-
-
-
-
surtax
-
-
-
2 422
unemployment
-
-
-
211
health
-
-
-
6 993
pensions
-
-
-
19 701
total
-
-
-
48 512
Employee
31 257
-
81 371
-
other
-
-
-
-
unemployment
2 175
-
5 663
-
pensions
2 085
-
5 427
-
surtax
111
-
2 189
-
income
5 240
-
17 839
-
health
798
-
2 075
-
total
10 409
-
33 193
-
Employer
31 257
-
81 371
-
health
1 421
-
3 702
-
pensions
4 167
-
10 846
-
unemployment
992
-
2 579
-
other
-
-
-
-
total
6 580
-
17 127
-
Corporate
60 662
98 500
-
-
income
15 773
25 610
-
-
total
15 773
25 610
-
-
Dividends
44 890
72 890
-
-
withholding
6 734
10 933
-
-
total
6 734
10 933
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 496
36 543
50 320
48 512
After tax
59 004
61 957
48 180
49 988
Living cost
20 847
20 847
20 847
20 847
Free-cash
38 157
41 110
27 333
29 141

Estimated living cost  is ₽20847 per week

₽12587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26772
₽20108
₽24771
₽24710
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 334
regional
-
-
-
1 486
municipal
-
-
-
585
national
-
-
-
21 321
total
-
-
-
48 726
Employee
51 486
-
98 500
-
municipal
273
-
523
-
national
8 157
-
18 327
-
regional
693
-
1 325
-
social contributions
17 362
-
33 214
-
total
26 485
-
53 389
-
Employer
51 486
-
98 500
-
total
-
-
-
-
Corporate
47 014
98 500
-
-
municipal
2 337
4 895
-
-
nationa
11 283
23 639
-
-
total
13 620
28 534
-
-
Dividends
33 393
69 966
-
-
withholding
8 682
18 191
-
-
total
8 682
18 191
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 787
46 725
53 389
48 726
After tax
49 713
51 775
45 111
49 774
Living cost
25 003
25 003
25 003
25 003
Free-cash
24 710
26 772
20 108
24 771

Estimated living cost  is ₽25003 per week

₽15549
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6492
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽39344
₽21511
₽19502
₽29186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 466
social contributions
-
-
-
28 762
solidarity contribution
-
-
-
-
health
-
-
-
13 297
total
-
-
-
50 525
Employee
41 872
-
73 507
-
solidarity contribution
-
-
-
-
social contributions
2 722
-
4 778
-
income
5 025
-
8 821
-
health
5 653
-
9 924
-
total
13 400
-
23 523
-
Employer
41 872
-
73 507
-
health
3 768
-
6 616
-
social contributions
10 468
-
18 377
-
total
14 236
-
24 993
-
Corporate
42 391
98 500
-
-
income
8 054
18 715
-
-
total
8 054
18 715
-
-
Dividends
34 337
79 785
-
-
withholding
5 151
11 968
-
-
total
5 151
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 841
30 683
48 516
50 525
After tax
57 659
67 817
49 984
47 975
Living cost
28 473
28 473
28 473
28 473
Free-cash
29 186
39 344
21 511
19 502

Estimated living cost  is ₽28473 per week

₽21174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽493
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25606
-₽429
₽19978
₽25150
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 064
surtax
-
-
-
-
unemployment
-
-
-
5 693
chamber of commerce
-
-
-
395
health
-
-
-
7 535
pensions
-
-
-
18 223
total
-
-
-
48 910
Employee
40 572
36 988
76 485
-
other
405
370
764
-
unemployment
1 217
1 110
2 295
-
pensions
4 155
3 787
7 833
-
income
3 614
2 728
15 209
-
health
1 569
1 432
2 961
-
total
10 960
9 427
29 062
-
Employer
40 572
36 988
76 485
-
chamber of commerce
162
148
306
-
health
1 534
1 399
2 890
-
pensions
5 092
4 643
9 599
-
accident
527
481
995
-
unemployment
1 217
1 110
2 295
-
surtax
-
-
-
-
payroll
1 217
1 110
2 295
-
other
1 927
1 756
3 634
-
total
11 676
10 647
22 014
-
Corporate
46 252
50 866
72 962
-
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.

11 563
12 717
18 241
-
total
11 563
12 717
18 241
-
Dividends
34 688
38 149
-
-
withholding
9 539
10 491
-
-
total
9 539
10 491
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 738
43 282
69 317
48 910
After tax
54 762
55 218
29 183
49 590
Living cost
29 612
29 612
29 612
29 612
Free-cash
25 150
25 606
-429
19 978

Estimated living cost  is ₽29612 per week

₽17763
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3024
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81741
₽66966
₽85681
₽79522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We expect you will register a microenterprise to benefit from 1% tax rate. Otherwise you will be taxed at a personal income rate of 20%.

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
14 793
-
98 500
-
income
2 959
-
19 700
-
total
2 959
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 707
98 500
-
-
total
-
-
-
-
Dividends
83 707
98 500
-
-
withholding
4 185
4 925
-
-
total
4 185
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 144
4 925
19 700
985
After tax
91 356
93 575
78 800
97 515
Living cost
11 834
11 834
11 834
11 834
Free-cash
79 522
81 741
66 966
85 681

Estimated living cost  is ₽11834 per week

₽8008
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽497
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽397
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2932
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42923
₽22997
₽25816
₽35157
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 959
unemployment
-
-
-
148
health
-
-
-
9 693
pensions
-
-
-
17 989
total
-
-
-
47 789
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.

41 043
-
85 230
-
unemployment
58
-
120
-
pensions
6 362
-
13 210
-
income
7 078
-
18 504
-
health
2 651
-
5 506
-
total
16 149
-
37 340
-
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.

41 043
-
85 230
-
health
2 734
-
5 675
-
pensions
3 632
-
7 542
-
unemployment
25
-
51
-
total
6 391
-
13 268
-
Corporate
51 066
98 500
-
-
income
9 703
18 714
-
-
total
9 703
18 714
-
-
Dividends
41 363
79 786
-
-
withholding
6 205
11 968
-
-
total
6 205
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 448
30 682
50 608
47 789
After tax
60 052
67 818
47 892
50 711
Living cost
24 895
24 895
24 895
24 895
Free-cash
35 157
42 923
22 997
25 816

Estimated living cost  is ₽24895 per week

₽17085
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1596
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.
₽5733
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19841
₽46192
₽27985
-₽40020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 200
social contributions
-
-
-
11 229
total
-
-
-
30 429
Employee
57 477
-
-
-
social contributions
4 713
-
672
-
income
12 678
-
-
-
total
17 391
-
672
-
Employer
57 477
-
-
-
social contributions
81 043
-
11 550
-
total
81 043
-
11 550
-
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
98 434
38 573
12 222
30 429
After tax
66
59 927
86 278
68 071
Living cost
40 086
40 086
40 086
40 086
Free-cash
-40 020
19 841
46 192
27 985

Estimated living cost  is ₽40086 per week

₽26009
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3770
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.
₽9795
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26914
₽20340
₽25700
₽25980
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 459
surtax
-
-
-
-
social contributions

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

-
-
-
34 228
total
-
-
-
43 687
Employee
42 688
-
79 595
-
surtax
-
-
-
-
social contributions
4 696
-
8 756
-
income
8 879
-
21 386
-
total
13 575
-
30 142
-
Employer
42 688
-
79 595
-
social contributions
10 138
-
18 905
-
total
10 138
-
18 905
-
Corporate
45 674
98 500
-
-
income
9 591
20 685
-
-
surtax
-
-
-
-
total
9 591
20 685
-
-
Dividends
36 083
77 815
-
-
withholding
10 103
21 788
-
-
total
10 103
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 407
42 473
49 047
43 687
After tax
55 093
56 027
49 453
54 813
Living cost
29 113
29 113
29 113
29 113
Free-cash
25 980
26 914
20 340
25 700

Estimated living cost  is ₽29113 per week

₽21783
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4817
₽16448
₽11725
₽11197
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 184
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 808
health
-
-
-
2 137
pensions
-
-
-
23 758
total
-
-
-
41 946
Employee
58 132
-
79 706
-
pensions
6 575
-
3 991
-
surtax
-
-
-
-
social contributions
1 656
-
2 270
-
income
5 072
-
12 167
-
total
13 303
-
18 428
-
Employer
58 132
-
79 706
-
health
4 069
-
5 580
-
pensions
9 552
-
6 997
-
unemployment
2 355
-
3 229
-
social contributions
174
-
240
-
other
2 006
-
2 749
-
total
18 156
-
18 795
-
Corporate
22 212
98 500
-
-
income
6 219
27 579
-
-
surtax
-
-
-
-
total
6 219
27 579
-
-
Dividends
15 992
70 921
-
-
surtax
-
-
-
-
social contributions
2 749
12 197
-
-
withholding
2 047
9 078
-
-
total
4 796
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 474
48 854
37 223
41 946
After tax
56 026
49 646
61 277
56 554
Living cost
44 829
44 829
44 829
44 829
Free-cash
11 197
4 817
16 448
11 725

Estimated living cost  is ₽44829 per week

₽30339
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3667
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.
₽10207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60751
₽49499
₽46883
₽57632
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 047
social contributions
-
-
-
21 670
total
-
-
-
23 717
Employee
29 839
-
85 281
-
income
-
-
2 337
-
social contributions
1 939
-
5 545
-
total
1 939
-
7 882
-
Employer
29 839
-
85 281
-
social contributions
4 625
-
13 219
-
total
4 625
-
13 219
-
Corporate
64 035
98 500
-
-
income
6 404
9 849
-
-
total
6 404
9 849
-
-
Dividends
57 631
88 651
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
12 968
9 849
21 101
23 717
After tax
85 532
88 651
77 399
74 783
Living cost
27 900
27 900
27 900
27 900
Free-cash
57 632
60 751
49 499
46 883

Estimated living cost  is ₽27900 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2103
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7232
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103529
-₽103529
₽16095
-₽103529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 816
municipal
-
-
-
18 593
national
-
-
-
10 535
pensions
-
-
-
804
total
-
-
-
37 748
Employee
188 486
188 486
188 486
-
municipal
40 137
40 137
40 137
-
labour market
15 057
15 057
15 057
-
pensions
268
268
268
-
national
23 027
23 027
23 027
-
total
78 489
78 489
78 489
-
Employer
188 486
188 486
188 486
-
national
23 067
23 067
23 067
-
labour market
15 079
15 079
15 079
-
pensions
536
536
536
-
municipal
40 201
40 201
40 201
-
total
78 883
78 883
78 883
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
157 372
157 372
157 372
37 748
After tax
-58 872
-58 872
-58 872
60 752
Living cost
44 657
44 657
44 657
44 657
Free-cash
-103 529
-103 529
-103 529
16 095

Estimated living cost  is ₽44657 per week

₽30564
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3950
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽687
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12390
₽30780
₽47209
₽4854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
237
income
-
-
-
24 379
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
30 923
Employee
32 041
-
84 659
-
pensions
3 608
-
7 169
-
income
4 396
-
16 648
-
health
3 669
-
9 694
-
total
11 673
-
33 511
-
Employer
32 041
-
84 659
-
pensions
5 210
-
10 353
-
accident
535
-
1 414
-
unemployment
785
-
2 074
-
total
6 530
-
13 841
-
Corporate
59 929
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.

53 936
88 650
-
-
total
53 936
88 650
-
-
Dividends
5 993
9 850
-
-
withholding
1 139
1 872
-
-
total
1 139
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 278
90 522
47 352
30 923
After tax
25 222
7 978
51 148
67 577
Living cost
20 368
20 368
20 368
20 368
Free-cash
4 854
-12 390
30 780
47 209

Estimated living cost  is ₽20368 per week

₽14826
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽382
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29421
₽20106
₽33673
₽27994
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

You can choose the amount to declare for pension contributions and choose a pension insurance company or a pension insurance fund you prefer to use; or you could opt out of pension contributions altogether. You can find more details on Finnish Centre for Pensions

-
-
-
98 500
health
-
-
-
1 129
municipal
-
-
-
17 527
national
-
-
-
10 536
total
-
-
-
29 192
Employee
48 832
-
82 864
-
municipal
7 998
-
13 525
-
unemployment
733
-
1 244
-
pensions
3 295
-
5 594
-
national
807
-
5 871
-
health
365
-
889
-
total
13 198
-
27 123
-
Employer
48 832
-
82 864
-
health
375
-
638
-
pensions
8 472
-
14 376
-
accident
49
-
83
-
unemployment
317
-
539
-
total
9 213
-
15 636
-
Corporate
40 454
98 500
-
-
income
8 092
19 701
-
-
total
8 092
19 701
-
-
Dividends

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

24 272
59 099
-
-
municipal
4 368
10 639
-
-
national
-
3 104
-
-
total
4 368
13 743
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 871
33 444
42 759
29 192
After tax
63 629
65 056
55 741
69 308
Living cost
35 634
35 634
35 634
35 634
Free-cash
27 994
29 421
20 106
33 673

Estimated living cost  is ₽35634 per week

₽23276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3428
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50581
₽47512
₽47855
₽45529
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 627
social contributions
-
-
-
15 017
health
-
-
-
2 512
total
-
-
-
29 156
Employee
71 371
71 371
89 424
-
social contributions
2 698
5 923
7 422
-
income
7 771
6 607
11 481
-
health
553
1 214
1 520
-
total
11 022
13 744
20 423
-
Employer
71 371
71 371
89 424
-
health
601
1 321
1 654
-
social contributions
2 698
5 923
7 422
-
total
3 299
7 244
9 076
-
Corporate
62 689
19 885
-
-
income
7 836
2 485
-
-
total
7 836
2 485
-
-
Dividends
54 853
17 399
-
-
withholding
9 325
2 957
-
-
total
9 325
2 957
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 482
26 430
29 499
29 156
After tax
67 018
72 070
69 001
69 344
Living cost
21 489
21 489
21 489
21 489
Free-cash
45 529
50 581
47 512
47 855

Estimated living cost  is ₽21489 per week

₽12879
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2108
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽476
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6027
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66832
₽46372
₽64990
₽62108
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 485
unemployment
-
-
-
26
health
-
-
-
3 359
pensions
-
-
-
5 904
total
-
-
-
18 774
Employee

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

21 304
-
89 429
-
unemployment
106
-
440
-
pensions
3 195
-
13 210
-
income
1 457
-
7 185
-
health
1 811
-
7 486
-
total
6 569
-
28 321
-
Employer

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

21 304
-
89 429
-
health
916
-
3 787
-
pensions
1 171
-
4 844
-
unemployment
106
-
440
-
total
2 193
-
9 071
-
Corporate
75 003
98 500
-
-
income
6 750
8 865
-
-
total
6 750
8 865
-
-
Dividends
68 253
89 635
-
-
withholding
6 144
8 067
-
-
total
6 144
8 067
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 656
16 932
37 392
18 774
After tax
76 844
81 568
61 108
79 726
Living cost
14 736
14 736
14 736
14 736
Free-cash
62 108
66 832
46 372
64 990

Estimated living cost  is ₽14736 per week

₽9402
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1062
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40833
₽26118
₽27844
₽35963
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
775
income
-
-
-
19 325
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
45 133
Employee
34 319
-
74 688
-
other
33
-
74
-
unemployment
532
-
1 157
-
pensions
1 613
-
3 510
-
income
6 617
-
18 308
-
total
8 795
-
23 049
-
Employer
34 319
-
74 688
-
pensions
8 099
-
17 626
-
accident
680
-
1 480
-
unemployment
1 888
-
4 107
-
other
275
-
597
-
total
10 942
-
23 810
-
Corporate
53 239
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.

7 986
14 774
-
-
total
7 986
14 774
-
-
Dividends
45 253
83 726
-
-
withholding
9 291
17 370
-
-
total
9 291
17 370
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 014
32 144
46 859
45 133
After tax
61 486
66 356
51 641
53 367
Living cost
25 523
25 523
25 523
25 523
Free-cash
35 963
40 833
26 118
27 844

Estimated living cost  is ₽25523 per week

₽17228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2454
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5395
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59654
₽61024
₽61152
₽59357
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 261
health
-
-
-
957
pensions
-
-
-
1 320
total
-
-
-
35 538
Employee
2 757
-
97 015
-
unemployment
28
-
66
-
pensions
248
-
594
-
income
533
-
33 191
-
health
138
-
330
-
total
947
-
34 181
-
Employer
2 757
-
97 015
-
health
262
-
627
-
pensions
303
-
726
-
unemployment
55
-
132
-
total
620
-
1 485
-
Corporate
95 123
98 500
-
-
income
20 927
21 670
-
-
total
20 927
21 670
-
-
Dividends
74 196
76 830
-
-
withholding
14 839
15 366
-
-
total
14 839
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 333
37 036
35 666
35 538
After tax
61 167
61 464
62 834
62 962
Living cost
1 810
1 810
1 810
1 810
Free-cash
59 357
59 654
61 024
61 152

Estimated living cost  is ₽1810 per week

₽1076
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽147
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽41
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55109
₽36735
₽36736
₽50539
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 769
unemployment
-
-
-
1 029
health
-
-
-
7 068
pensions
-
-
-
17 841
total
-
-
-
45 707
Employee

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

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

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

24 213
-
86 217
-
unemployment
182
-
515
-
pensions
3 390
-
9 607
-
income
3 338
-
19 769
-
health
1 247
-
3 534
-
total
8 157
-
33 425
-
Employer

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

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

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

24 213
-
86 217
-
health
1 247
-
3 534
-
pensions
2 906
-
8 234
-
unemployment
182
-
515
-
total
4 335
-
12 283
-
Corporate
69 953
98 500
-
-
income
10 493
14 775
-
-
total
10 493
14 775
-
-
Dividends
59 460
83 725
-
-
withholding
8 919
12 559
-
-
total
8 919
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 904
27 334
45 708
45 707
After tax
66 596
71 166
52 792
52 793
Living cost
16 057
16 057
16 057
16 057
Free-cash
50 539
55 109
36 735
36 736

Estimated living cost  is ₽16057 per week

₽10811
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1242
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31005
₽24431
₽29791
₽30669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
9 459
surtax
-
-
-
-
social contributions

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

-
-
-
34 228
total
-
-
-
43 687
Employee
36 024
-
79 595
-
surtax
-
-
-
-
social contributions
3 963
-
8 756
-
income
7 039
-
21 386
-
total
11 002
-
30 142
-
Employer
36 024
-
79 595
-
social contributions
8 555
-
18 905
-
total
8 555
-
18 905
-
Corporate
53 921
98 500
-
-
income
11 324
20 685
-
-
surtax
-
-
-
-
total
11 324
20 685
-
-
Dividends
42 597
77 815
-
-
withholding
11 928
21 788
-
-
total
11 928
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 809
42 473
49 047
43 687
After tax
55 691
56 027
49 453
54 813
Living cost
25 022
25 022
25 022
25 022
Free-cash
30 669
31 005
24 431
29 791

Estimated living cost  is ₽25022 per week

₽17723
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1738
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽444
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33736
₽19021
₽20747
₽26655
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
775
income
-
-
-
19 325
other
-
-
-
86
unemployment
-
-
-
602
pensions
-
-
-
24 345
total
-
-
-
45 133
Employee
44 826
-
74 688
-
other
44
-
74
-
unemployment
694
-
1 157
-
pensions
2 107
-
3 510
-
income
9 362
-
18 308
-
total
12 207
-
23 049
-
Employer
44 826
-
74 688
-
pensions
10 579
-
17 626
-
accident
888
-
1 480
-
unemployment
2 466
-
4 107
-
other
359
-
597
-
total
14 292
-
23 810
-
Corporate
39 383
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.

5 908
14 774
-
-
total
5 908
14 774
-
-
Dividends
33 475
83 726
-
-
withholding
6 818
17 370
-
-
total
6 818
17 370
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 225
32 144
46 859
45 133
After tax
59 275
66 356
51 641
53 367
Living cost
32 620
32 620
32 620
32 620
Free-cash
26 655
33 736
19 021
20 747

Estimated living cost  is ₽32620 per week

₽23426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2536
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6198
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68250
₽62262
₽59101
₽62594
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
health
-
-
-
3 729
pensions

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

-
-
-
4 798
total
-
-
-
23 432
Employee
21 143
-
92 139
-
accident

We are using the highest rate at 1.1%.

232
-
357
-
pensions

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

1 856
-
2 847
-
income
2 115
-
9 214
-
health
973
-
1 491
-
total
5 176
-
13 909
-
Employer
21 143
-
92 139
-
health
1 459
-
2 237
-
pensions

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

2 330
-
3 573
-
accident

We are using the highest rate at 1.1%.

232
-
357
-
unemployment
127
-
195
-
total
4 148
-
6 362
-
Corporate
73 209
98 500
-
-
income
7 321
9 850
-
-
total
7 321
9 850
-
-
Dividends
65 888
88 650
-
-
withholding
3 294
4 433
-
-
total
3 294
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 939
14 283
20 271
23 432
After tax
78 561
84 217
78 229
75 068
Living cost
15 967
15 967
15 967
15 967
Free-cash
62 594
68 250
62 262
59 101

Estimated living cost  is ₽15967 per week

₽10561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽914
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽381
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4112
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14967
₽33547
₽25605
₽27107
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income

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

-
-
-
21 591
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.

-
-
-
1 187
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.

-
-
-
6 341
trade
-
-
-
7 942
total
-
-
-
37 061
Employee

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

46 182
-
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.

210
-
1 187
-
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.

3 797
-
21 591
-
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.

6 341
-
6 341
-
total
10 348
-
29 119
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 318
98 500
-
-
income
7 849
14 774
-
-
surtax

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

432
812
-
-
chamber of commerce
218
285
-
-
trade
7 507
14 135
-
-
total
16 006
30 006
-
-
Dividends
36 313
68 494
-
-
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.

479
923
-
-
withholding
8 726
16 770
-
-
total
9 205
17 693
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 559
47 699
29 119
37 061
After tax
62 941
50 801
69 381
61 439
Living cost
35 834
35 834
35 834
35 834
Free-cash
27 107
14 967
33 547
25 605

Estimated living cost  is ₽35834 per week

₽24719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16078
₽12689
₽12689
₽18127
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
24 058
social contributions
-
-
-
8 881
total
-
-
-
32 939
Employee
72 603
-
98 500
-
income
13 700
-
24 058
-
social contributions
6 032
-
8 881
-
total
19 732
-
32 939
-
Employer
72 603
-
98 500
-
total
-
-
-
-
Corporate
25 897
98 500
-
-
income
3 237
12 312
-
-
total
3 237
12 312
-
-
Dividends
22 660
86 188
-
-
withholding
4 532
17 238
-
-
total
4 532
17 238
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 501
29 550
32 939
32 939
After tax
70 999
68 950
65 561
65 561
Living cost
52 872
52 872
52 872
52 872
Free-cash
18 127
16 078
12 689
12 689

Estimated living cost  is ₽52872 per week

₽40224
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.
₽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.
₽7835
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25429
₽38735
₽32699
₽28672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 500
income
-
-
-
26 420
health

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

-
-
-
5 689
total
-
-
-
32 109
Employee
42 578
-
94 230
-
income
4 620
-
17 533
-
social contributions
4 266
-
4 270
-
total
8 886
-
21 803
-
Employer
42 578
-
94 230
-
social contributions
4 266
-
4 270
-
total
4 266
-
4 270
-
Corporate
51 656
98 500
-
-
income
18 080
34 475
-
-
total
18 080
34 475
-
-
Dividends
33 575
64 025
-
-
social contributions
4 904
4 904
-
-
total
4 904
4 904
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 136
39 379
26 073
32 109
After tax
62 364
59 121
72 427
66 391
Living cost
33 692
33 692
33 692
33 692
Free-cash
28 672
25 429
38 735
32 699

Estimated living cost  is ₽33692 per week

₽22193
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2656
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽516
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8326
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37151
₽27132
₽35910
₽34421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 395
pensions
-
-
-
7 008
total
-
-
-
28 403
Employee
46 927
-
86 634
-
pensions
3 582
-
8 347
-
income
8 546
-
15 543
-
health
612
-
1 425
-
total
12 740
-
25 315
-
Employer
46 927
-
86 634
-
health
892
-
1 646
-
pensions
4 741
-
10 220
-
total
5 633
-
11 866
-
Corporate
45 940
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.

8 728
18 715
-
-
total
8 728
18 715
-
-
Dividends
37 212
79 785
-
-
withholding
2 791
8 447
-
-
total
2 791
8 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 892
27 162
37 181
28 403
After tax
68 608
71 338
61 319
70 097
Living cost
34 187
34 187
34 187
34 187
Free-cash
34 421
37 151
27 132
35 910

Estimated living cost  is ₽34187 per week

₽23452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽428
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽14407
₽28763
₽45192
₽4544
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
237
income
-
-
-
24 379
other
-
-
-
348
health
-
-
-
2 049
pensions
-
-
-
3 910
total
-
-
-
30 923
Employee
35 212
-
84 659
-
pensions
3 965
-
7 169
-
income
4 831
-
16 648
-
health
4 032
-
9 694
-
total
12 828
-
33 511
-
Employer
35 212
-
84 659
-
pensions
5 725
-
10 353
-
accident
588
-
1 414
-
unemployment
863
-
2 074
-
total
7 176
-
13 841
-
Corporate
56 112
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.

50 501
88 650
-
-
total
50 501
88 650
-
-
Dividends
5 611
9 850
-
-
withholding
1 066
1 872
-
-
total
1 066
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 571
90 522
47 352
30 923
After tax
26 929
7 978
51 148
67 577
Living cost
22 385
22 385
22 385
22 385
Free-cash
4 544
-14 407
28 763
45 192

Estimated living cost  is ₽22385 per week

₽16428
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1304
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4201
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽70364
₽50328
₽43628
₽66693
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

Sole-trader should pay social contributions from a minimum of 50% of an average salary to a maximum of twelve average salaries. The minimum personal income for the first year should be at least 50% of an average salary.

-
-
-
98 500
income
-
-
-
15 260
unemployment
-
-
-
1 182
work injury
-
-
-
493
health insurance
-
-
-
7 289
pensions
-
-
-
18 124
total
-
-
-
42 348
Employee

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

20 038
-
98 500
-
health insurance
1 483
-
5 486
-
unemployment
240
-
890
-
work injury
100
-
371
-
pensions
3 687
-
13 641
-
income
2 004
-
15 260
-
total
7 514
-
35 648
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 462
98 500
-
-
income

Macedonia has a simplified tax regime. Before 3,000,000 MKD per annum you will be taxed at 0%, and before 6,000,000 MKD it is 1%.

-
985
-
-
total
-
985
-
-
Dividends
78 462
97 515
-
-
withholding
11 769
14 627
-
-
total
11 769
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 283
15 612
35 648
42 348
After tax
79 217
82 888
62 852
56 152
Living cost
12 524
12 524
12 524
12 524
Free-cash
66 693
70 364
50 328
43 628

Estimated living cost  is ₽12524 per week

₽7759
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽391
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14908
₽7686
₽12191
₽10685
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 334
regional
-
-
-
2 019
municipal
-
-
-
659
national
-
-
-
21 321
total
-
-
-
49 333
Employee
78 212
-
98 500
-
municipal
467
-
588
-
national
13 217
-
18 327
-
regional
1 181
-
1 709
-
social contributions
26 373
-
33 214
-
total
41 238
-
53 838
-
Employer
78 212
-
98 500
-
total
-
-
-
-
Corporate
20 288
98 500
-
-
municipal
978
4 747
-
-
nationa
4 868
23 639
-
-
total
5 846
28 386
-
-
Dividends
14 442
70 114
-
-
withholding
3 755
18 230
-
-
total
3 755
18 230
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 839
46 616
53 838
49 333
After tax
47 661
51 884
44 662
49 167
Living cost
36 976
36 976
36 976
36 976
Free-cash
10 685
14 908
7 686
12 191

Estimated living cost  is ₽36976 per week

₽25973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7900
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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