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
₽31915
₽21635
₽41247
₽32539
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
trade
-
-
-
8 708
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.

-
-
-
21 565
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.

-
-
-
6 350
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.

-
-
-
1 185
total
-
-
-
37 808
Employee

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

35 551
-
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
-
1 185
-
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.

6 350
-
6 350
-
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.

993
-
21 565
-
total
7 398
-
29 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 949
98 500
-
-
trade
9 915
15 513
-
-
income
9 442
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.

519
813
-
-
chamber of commerce
231
282
-
-
total
20 107
31 382
-
-
Dividends
42 843
67 117
-
-
withholding
10 357
16 427
-
-
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.

570
903
-
-
total
10 927
17 330
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 432
48 712
29 100
37 808
After tax
60 068
49 788
69 400
60 692
Living cost
28 153
28 153
28 153
28 153
Free-cash
31 915
21 635
41 247
32 539

Estimated living cost  is ₽28153 per week

₽17709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6636
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12580
₽13379
₽12037
₽11263
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 820
municipal
-
-
-
10 305
national
-
-
-
15 968
total
-
-
-
39 152
Employee
74 540
-
85 152
-
national
14 267
-
16 559
-
municipal
9 207
-
10 686
-
pensions
2 982
-
3 406
-
total
26 456
-
30 651
-
Employer
74 540
-
85 152
-
pensions
5 963
-
6 812
-
social contributions
801
-
915
-
total
6 764
-
7 727
-
Corporate
12 275
98 500
-
-
income

Corporate income tax will depend on a type of legal entity. For LLC and Limited Partnership it is set at 20%. All other entities pay 37.6%.

2 455
19 700
-
-
total
2 455
19 700
-
-
Dividends
9 820
78 800
-
-
withholding
2 160
17 336
-
-
total
2 160
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 835
37 036
38 378
39 152
After tax
60 665
61 464
60 122
59 348
Living cost
48 085
48 085
48 085
48 085
Free-cash
12 580
13 379
12 037
11 263

Estimated living cost  is ₽48085 per week

₽32683
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4470
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽720
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10213
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽51839
₽59462
₽36120
₽33181
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 500
social contributions

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

-
-
-
31 669
income
-
-
-
14 313
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
45 982
Employee
27 160
-
79 378
-
surtax
-
-
-
-
social contributions

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

2 988
-
8 731
-
income
4 835
-
15 190
-
total
7 823
-
23 921
-
Employer
27 160
-
79 378
-
social contributions

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

6 542
-
19 122
-
surtax
-
-
-
-
total
6 542
-
19 122
-
Corporate
64 798
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%.

12 959
19 701
-
-
total
12 959
19 701
-
-
Dividends

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

51 839
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 324
19 701
43 043
45 982
After tax
71 176
78 799
55 457
52 518
Living cost
19 337
19 337
19 337
19 337
Free-cash
51 839
59 462
36 120
33 181

Estimated living cost  is ₽19337 per week

₽12337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1841
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.
₽4720
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3164
₽8857
₽10387
₽16941
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 279
pensions
-
-
-
10 890
health
-
-
-
11 453
total
-
-
-
42 622
Employee
79 374
79 374
83 821
-
health
12 183
10 363
10 617
-
pensions
14 287
10 890
10 890
-
income

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

12 992
12 992
12 992
-
total
39 462
34 245
34 499
-
Employer
79 374
79 374
83 821
-
pensions
5 524
5 524
5 833
-
unemployment
2 857
2 857
3 018
-
health
5 517
5 517
5 826
-
total
13 898
13 898
14 677
-
Corporate
6 200
5 226
-
-
income
1 240
1 046
-
-
total
1 240
1 046
-
-
Dividends
4 960
4 180
-
-
withholding
744
628
-
-
income
1 055
889
-
-
total
1 799
1 517
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 399
50 706
49 176
42 622
After tax
42 101
47 794
49 324
55 878
Living cost
38 937
38 937
38 937
38 937
Free-cash
3 164
8 857
10 387
16 941

Estimated living cost  is ₽38937 per week

₽27594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13952
₽14827
₽13647
₽12817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
9 920
unemployment
-
-
-
85
pensions
-
-
-
9 229
municipal
-
-
-
21 997
accident
-
-
-
171
national
-
-
-
-
health
-
-
-
5 327
total
-
-
-
46 729
Employee
55 505
-
74 950
-
national
-
-
-
-
municipal
16 552
-
22 350
-
total
16 552
-
22 350
-
Employer
55 505
-
74 950
-
other
6 450
-
8 709
-
accident
111
-
150
-
pensions
6 000
-
8 102
-
unemployment
1 465
-
1 979
-
health
3 414
-
4 609
-
total
17 440
-
23 549
-
Corporate
25 555
98 500
-
-
income
5 622
21 670
-
-
total
5 622
21 670
-
-
Dividends
19 933
76 830
-
-
withholding
5 980
23 049
-
-
total
5 980
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 594
44 719
45 899
46 729
After tax
52 906
53 781
52 601
51 771
Living cost
38 954
38 954
38 954
38 954
Free-cash
13 952
14 827
13 647
12 817

Estimated living cost  is ₽38954 per week

₽25817
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3822
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25829
₽12768
₽32886
₽23791
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
trade
-
-
-
9 095
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.

-
-
-
21 565
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.

-
-
-
6 350
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.

-
-
-
1 185
total
-
-
-
38 195
Employee

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

47 136
-
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
-
1 185
-
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.

6 350
-
6 350
-
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.

4 050
-
21 565
-
total
10 622
-
29 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 364
98 500
-
-
trade
8 449
16 203
-
-
income
7 705
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.

423
813
-
-
chamber of commerce
213
280
-
-
total
16 790
32 070
-
-
Dividends
34 574
66 429
-
-
withholding
8 290
16 254
-
-
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.

455
894
-
-
total
8 745
17 148
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 157
49 218
29 100
38 195
After tax
62 343
49 282
69 400
60 305
Living cost
36 514
36 514
36 514
36 514
Free-cash
25 829
12 768
32 886
23 791

Estimated living cost  is ₽36514 per week

₽24421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3851
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 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
₽38067
₽41923
₽38871
₽39198
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
15 039
income
-
-
-
11 603
health
-
-
-
2 512
total
-
-
-
29 154
Employee
71 473
71 473
89 423
-
health
711
1 215
1 520
-
social contributions
3 473
5 932
7 422
-
income
7 505
6 616
11 462
-
total
11 689
13 763
20 404
-
Employer
71 473
71 473
89 423
-
social contributions
3 473
5 932
7 422
-
health
774
1 323
1 655
-
total
4 247
7 255
9 077
-
Corporate
52 416
19 772
-
-
income
6 553
2 471
-
-
total
6 553
2 471
-
-
Dividends
45 863
17 301
-
-
withholding
7 796
2 940
-
-
total
7 796
2 940
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 285
26 429
29 481
29 154
After tax
68 215
72 071
69 019
69 346
Living cost
30 148
30 148
30 148
30 148
Free-cash
38 067
41 923
38 871
39 198

Estimated living cost  is ₽30148 per week

₽20609
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2355
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.
₽6678
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38610
₽38250
₽39876
₽51010
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 478
income
-
-
-
12 042
pensions
-
-
-
9 850
health
-
-
-
6 895
total
-
-
-
30 265
Employee

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

The minimum wage is 138,000 HUF per month.

24 864
9 896
82 427
-
unemployment
373
148
1 236
-
health
1 740
693
5 770
-
pensions
2 486
990
8 243
-
income
3 040
1 210
10 077
-
total
7 639
3 041
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.

24 864
9 896
82 427
-
pensions
4 849
1 930
16 073
-
total
4 849
1 930
16 073
-
Corporate
68 787
86 675
-
-
income
6 191
7 801
-
-
total
6 191
7 801
-
-
Dividends
62 596
78 874
-
-
withholding
11 893
14 986
-
-
social contributions
12 093
15 267
-
-
total
23 986
30 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 665
43 025
41 399
30 265
After tax
55 835
55 475
57 101
68 235
Living cost
17 225
17 225
17 225
17 225
Free-cash
38 610
38 250
39 876
51 010

Estimated living cost  is ₽17225 per week

₽11754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽344
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3717
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50576
₽56349
₽34322
₽30344
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
13 199
pensions
-
-
-
19 701
health
-
-
-
12 806
total
-
-
-
45 706
Employee
26 368
-
73 617
-
unemployment
422
-
1 178
-
pensions
527
-
1 473
-
income
2 969
-
14 194
-
total
3 918
-
16 845
-
Employer
26 368
-
73 617
-
pensions
5 274
-
14 723
-
unemployment
212
-
589
-
health
3 427
-
9 571
-
total
8 913
-
24 883
-
Corporate
63 219
98 500
-
-
income
12 643
19 701
-
-
total
12 643
19 701
-
-
Dividends
50 576
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 474
19 701
41 728
45 706
After tax
73 026
78 799
56 772
52 794
Living cost
22 450
22 450
22 450
22 450
Free-cash
50 576
56 349
34 322
30 344

Estimated living cost  is ₽22450 per week

₽15399
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1337
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5263
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4770
-₽12932
₽30171
₽46672
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 297
pensions
-
-
-
3 955
accident
-
-
-
240
health
-
-
-
2 073
total
-
-
-
30 917
Employee
32 893
-
84 545
-
health
3 766
-
9 680
-
pensions
3 704
-
7 252
-
income
4 513
-
16 531
-
total
11 983
-
33 463
-
Employer
32 893
-
84 545
-
accident
549
-
1 412
-
pensions
5 349
-
10 472
-
unemployment
806
-
2 071
-
total
6 704
-
13 955
-
Corporate
58 903
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.

53 013
88 650
-
-
total
53 013
88 650
-
-
Dividends
5 890
9 850
-
-
withholding
1 119
1 871
-
-
total
1 119
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 819
90 521
47 418
30 917
After tax
25 681
7 979
51 082
67 583
Living cost
20 911
20 911
20 911
20 911
Free-cash
4 770
-12 932
30 171
46 672

Estimated living cost  is ₽20911 per week

₽15326
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3990
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84463
₽85901
₽71126
₽89841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 593
-
98 500
-
income
1 918
-
19 700
-
total
1 918
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

88 907
98 500
-
-
total
-
-
-
-
Dividends
88 907
98 500
-
-
withholding
4 445
4 925
-
-
total
4 445
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 363
4 925
19 700
985
After tax
92 137
93 575
78 800
97 515
Living cost
7 674
7 674
7 674
7 674
Free-cash
84 463
85 901
71 126
89 841

Estimated living cost  is ₽7674 per week

₽4756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽638
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽211
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2069
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41324
₽47601
₽32624
₽28549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
4 680
income
-
-
-
12 529
pensions

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

-
-
-
23 641
health
-
-
-
4 334
total
-
-
-
45 184
Employee
33 749
-
78 674
-
unemployment
337
-
787
-
health
473
-
1 101
-
pensions

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

2 362
-
5 507
-
income
5 810
-
13 887
-
total
8 982
-
21 282
-
Employer
33 749
-
78 674
-
other
1 688
-
3 935
-
accident
270
-
630
-
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.

5 738
-
13 374
-
unemployment
337
-
787
-
health
473
-
1 101
-
total
8 506
-
19 827
-
Corporate
56 246
98 500
-
-
income
11 811
20 685
-
-
total
11 811
20 685
-
-
Dividends
44 435
77 815
-
-
withholding
3 110
5 447
-
-
total
3 110
5 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 409
26 132
41 109
45 184
After tax
66 091
72 368
57 391
53 316
Living cost
24 767
24 767
24 767
24 767
Free-cash
41 324
47 601
32 624
28 549

Estimated living cost  is ₽24767 per week

₽17499
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽952
₽9595
-₽425
₽8331
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 320
pensions
-
-
-
7 030
total
-
-
-
28 350
Employee
87 465
-
86 640
-
health
1 441
-
1 425
-
pensions
8 438
-
8 338
-
income
15 766
-
15 483
-
total
25 645
-
25 246
-
Employer
87 465
-
86 640
-
pensions
10 327
-
10 213
-
health
1 661
-
1 647
-
total
11 988
-
11 860
-
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.

-
18 714
-
-
total
-
18 714
-
-
Dividends
-
79 786
-
-
withholding
-
8 372
-
-
total
-
8 372
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 633
27 086
37 106
28 350
After tax
60 867
71 414
61 394
70 150
Living cost
61 819
61 819
61 819
61 819
Free-cash
-952
9 595
-425
8 331

Estimated living cost  is ₽61819 per week

₽46322
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7263
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7732
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽67714
₽72032
₽66031
₽62871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
14 775
pensions

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

-
-
-
4 805
health
-
-
-
3 733
total
-
-
-
23 443
Employee
16 136
-
92 131
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
health
742
-
1 493
-
pensions

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

1 417
-
2 851
-
income
1 613
-
9 213
-
total
3 950
-
13 914
-
Employer
16 136
-
92 131
-
accident

We are using the highest rate at 1.1%.

178
-
357
-
pensions

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

1 778
-
3 577
-
unemployment
96
-
195
-
health
1 114
-
2 240
-
total
3 166
-
6 369
-
Corporate
79 198
98 500
-
-
income
7 920
9 850
-
-
total
7 920
9 850
-
-
Dividends
71 278
88 650
-
-
withholding
3 564
4 432
-
-
total
3 564
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 600
14 282
20 283
23 443
After tax
79 900
84 218
78 217
75 057
Living cost
12 186
12 186
12 186
12 186
Free-cash
67 714
72 032
66 031
62 871

Estimated living cost  is ₽12186 per week

₽7114
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽870
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽323
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2762
-₽3747
-₽2217
₽4337
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 279
pensions
-
-
-
10 890
health
-
-
-
11 453
total
-
-
-
42 622
Employee
86 175
79 374
83 821
-
health
10 751
10 363
10 617
-
pensions
10 890
10 890
10 890
-
income

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

12 992
12 992
12 992
-
total
34 633
34 245
34 499
-
Employer
86 175
79 374
83 821
-
pensions
5 997
5 524
5 833
-
unemployment
3 103
2 857
3 018
-
health
5 988
5 517
5 826
-
total
15 088
13 898
14 677
-
Corporate
-
5 226
-
-
income
-
1 046
-
-
total
-
1 046
-
-
Dividends
-
4 180
-
-
withholding
-
628
-
-
income
-
889
-
-
total
-
1 517
-
-
Income
98 500
98 500
98 500
98 500
Total tax
49 721
50 706
49 176
42 622
After tax
48 779
47 794
49 324
55 878
Living cost
51 541
51 541
51 541
51 541
Free-cash
-2 762
-3 747
-2 217
4 337

Estimated living cost  is ₽51541 per week

₽38020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽591
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36372
₽44640
₽26807
₽24797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 298
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
34 084
-
73 507
-
solidarity contribution
-
-
-
-
health
4 601
-
9 924
-
social contributions
2 215
-
4 778
-
income
4 090
-
8 821
-
total
10 906
-
23 523
-
Employer
34 084
-
73 507
-
social contributions
8 521
-
18 377
-
health
3 068
-
6 616
-
total
11 589
-
24 993
-
Corporate
52 828
98 500
-
-
income
10 037
18 715
-
-
total
10 037
18 715
-
-
Dividends
42 791
79 785
-
-
withholding
6 419
11 968
-
-
total
6 419
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 951
30 683
48 516
50 526
After tax
59 549
67 817
49 984
47 974
Living cost
23 177
23 177
23 177
23 177
Free-cash
36 372
44 640
26 807
24 797

Estimated living cost  is ₽23177 per week

₽16099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1649
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4973
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brno model

Close
Milan , Italy
₽8483
₽13334
₽6264
₽10950
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
regional
-
-
-
1 097
social contributions
-
-
-
25 335
municipal
-
-
-
586
national
-
-
-
21 311
total
-
-
-
48 329
Employee
82 607
-
98 500
-
national
14 314
-
18 318
-
regional
779
-
961
-
municipal
437
-
522
-
social contributions
27 855
-
33 214
-
total
43 385
-
53 015
-
Employer
82 607
-
98 500
-
total
-
-
-
-
Corporate
15 893
98 500
-
-
nationa
3 813
23 639
-
-
municipal
619
3 842
-
-
total
4 432
27 481
-
-
Dividends
11 461
71 019
-
-
withholding
2 979
18 464
-
-
total
2 979
18 464
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 796
45 945
53 015
48 329
After tax
47 704
52 555
45 485
50 171
Living cost
39 221
39 221
39 221
39 221
Free-cash
8 483
13 334
6 264
10 950

Estimated living cost  is ₽39221 per week

₽27340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2572
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.
₽8706
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38551
₽41445
₽27683
₽29501
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
19 164
pensions
-
-
-
19 701
health
-
-
-
6 994
surtax
-
-
-
2 417
total
-
-
-
48 488
Employee
30 738
-
81 371
-
surtax
101
-
2 185
-
unemployment
2 140
-
5 664
-
other
-
-
-
-
health
785
-
2 076
-
pensions
2 050
-
5 427
-
income
5 152
-
17 827
-
total
10 228
-
33 179
-
Employer
30 738
-
81 371
-
other
-
-
-
-
pensions
4 097
-
10 846
-
unemployment
974
-
2 579
-
health
1 399
-
3 702
-
total
6 470
-
17 127
-
Corporate
61 293
98 500
-
-
income
15 937
25 610
-
-
total
15 937
25 610
-
-
Dividends
45 356
72 890
-
-
withholding
6 803
10 934
-
-
total
6 803
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 438
36 544
50 306
48 488
After tax
59 062
61 956
48 194
50 012
Living cost
20 511
20 511
20 511
20 511
Free-cash
38 551
41 445
27 683
29 501

Estimated living cost  is ₽20511 per week

₽12541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1893
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽473
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24294
₽29181
₽19161
₽27917
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 320
pensions
-
-
-
7 030
total
-
-
-
28 350
Employee
58 617
-
86 640
-
health
851
-
1 425
-
pensions
4 975
-
8 338
-
income
10 557
-
15 483
-
total
16 383
-
25 246
-
Employer
58 617
-
86 640
-
pensions
6 345
-
10 213
-
health
1 114
-
1 647
-
total
7 459
-
11 860
-
Corporate
32 425
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.

6 160
18 714
-
-
total
6 160
18 714
-
-
Dividends
26 265
79 786
-
-
withholding
1 971
8 372
-
-
total
1 971
8 372
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 973
27 086
37 106
28 350
After tax
66 527
71 414
61 394
70 150
Living cost
42 233
42 233
42 233
42 233
Free-cash
24 294
29 181
19 161
27 917

Estimated living cost  is ₽42233 per week

₽31641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2910
-₽28592
₽3568
₽8472
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 038
regional
-
-
-
3 434
pensions
-
-
-
9 061
national
-
-
-
649
health
-
-
-
240
total
-
-
-
16 393
Employee
86 172
-
88 163
-
national
408
-
446
-
unemployment
-
-
-
-
city
925
-
948
-
regional
2 822
-
2 930
-
health
195
-
199
-
pensions
7 240
-
7 406
-
total
11 590
-
11 929
-
Employer
86 172
-
88 163
-
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.

1 723
-
1 763
-
pensions
7 240
-
7 406
-
unemployment
-
-
-
-
health
195
-
199
-
total
9 158
-
9 368
-
Corporate
2 223
98 500
-
-
regional
471
20 832
-
-
national
189
8 372
-
-
total
660
29 204
-
-
Dividends
1 563
69 296
-
-
withholding
547
24 253
-
-
total
547
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 955
53 457
21 297
16 393
After tax
76 545
45 043
77 203
82 107
Living cost
73 635
73 635
73 635
73 635
Free-cash
2 910
-28 592
3 568
8 472

Estimated living cost  is ₽73635 per week

₽47884
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽904
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽21266
₽6195
₽26820
₽17339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
trade
-
-
-
9 481
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.

-
-
-
21 565
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.

-
-
-
6 350
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.

-
-
-
1 185
total
-
-
-
38 581
Employee

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

55 860
-
98 500
-
surtax

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

362
-
1 185
-
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.

6 350
-
6 350
-
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.

6 569
-
21 565
-
total
13 281
-
29 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 640
98 500
-
-
trade
7 313
16 893
-
-
income
6 396
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.

351
813
-
-
chamber of commerce
201
280
-
-
total
14 261
32 760
-
-
Dividends
28 379
65 740
-
-
withholding
6 742
16 081
-
-
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.

370
884
-
-
total
7 112
16 965
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 654
49 725
29 100
38 581
After tax
63 846
48 775
69 400
59 919
Living cost
42 580
42 580
42 580
42 580
Free-cash
21 266
6 195
26 820
17 339

Estimated living cost  is ₽42580 per week

₽31099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23334
₽17841
₽29500
₽24759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 059
social contributions
-
-
-
2 806
income
-
-
-
10 165
pensions
-
-
-
23 781
health
-
-
-
2 129
surtax
-
-
-
-
total
-
-
-
41 940
Employee
39 781
-
79 711
-
surtax
-
-
-
-
pensions
4 498
-
3 985
-
social contributions
1 134
-
2 272
-
income
2 348
-
12 156
-
total
7 980
-
18 413
-
Employer
39 781
-
79 711
-
other
1 372
-
2 750
-
pensions
6 535
-
6 989
-
unemployment
1 610
-
3 228
-
social contributions
120
-
240
-
health
2 785
-
5 579
-
total
12 422
-
18 786
-
Corporate
46 297
98 500
-
-
income
12 963
27 580
-
-
surtax
-
-
-
-
total
12 963
27 580
-
-
Dividends
33 334
70 920
-
-
withholding
4 267
9 079
-
-
social contributions
5 733
12 199
-
-
surtax
-
-
-
-
total
10 000
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 365
48 858
37 199
41 940
After tax
55 135
49 642
61 301
56 560
Living cost
31 801
31 801
31 801
31 801
Free-cash
23 334
17 841
29 500
24 759

Estimated living cost  is ₽31801 per week

₽20052
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
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.
₽8624
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26156
₽20992
₽32651
₽27910
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 059
social contributions
-
-
-
2 806
income
-
-
-
10 165
pensions
-
-
-
23 781
health
-
-
-
2 129
surtax
-
-
-
-
total
-
-
-
41 940
Employee
35 510
-
79 711
-
surtax
-
-
-
-
pensions
4 016
-
3 985
-
social contributions
1 012
-
2 272
-
income
1 831
-
12 156
-
total
6 859
-
18 413
-
Employer
35 510
-
79 711
-
other
1 226
-
2 750
-
pensions
5 835
-
6 989
-
unemployment
1 438
-
3 228
-
social contributions
106
-
240
-
health
2 485
-
5 579
-
total
11 090
-
18 786
-
Corporate
51 901
98 500
-
-
income
14 533
27 580
-
-
surtax
-
-
-
-
total
14 533
27 580
-
-
Dividends
37 368
70 920
-
-
withholding
4 784
9 079
-
-
social contributions
6 428
12 199
-
-
surtax
-
-
-
-
total
11 212
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 694
48 858
37 199
41 940
After tax
54 806
49 642
61 301
56 560
Living cost
28 650
28 650
28 650
28 650
Free-cash
26 156
20 992
32 651
27 910

Estimated living cost  is ₽28650 per week

₽16616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2910
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8581
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40866
₽40384
₽43432
₽43549
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
13 592
income
-
-
-
14 774
health
-
-
-
6 876
total
-
-
-
35 242
Employee
31 515
-
98 500
-
health
2 200
-
6 876
-
social contributions
4 350
-
13 592
-
income
5 256
-
14 891
-
total
11 806
-
35 359
-
Employer
31 515
-
98 500
-
total
-
-
-
-
Corporate
66 985
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%.

3 350
4 925
-
-
total
3 350
4 925
-
-
Dividends
63 635
93 575
-
-
health
4 441
6 532
-
-
withholding
9 546
14 037
-
-
social contributions
8 782
12 913
-
-
total
22 769
33 482
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 925
38 407
35 359
35 242
After tax
60 575
60 093
63 141
63 258
Living cost
19 709
19 709
19 709
19 709
Free-cash
40 866
40 384
43 432
43 549

Estimated living cost  is ₽19709 per week

₽13190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1215
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.
₽4849
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20935
₽22372
-₽3582
₽16670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
393
unemployment
-
-
-
5 701
income
-
-
-
17 044
pensions
-
-
-
18 223
health
-
-
-
7 535
surtax
-
-
-
183
total
-
-
-
49 079
Employee
46 451
37 041
76 346
-
unemployment
1 393
1 111
2 290
-
other
464
370
764
-
health
1 797
1 434
2 954
-
pensions
4 757
3 792
7 817
-
income
5 288
2 732
15 146
-
total
13 699
9 439
28 971
-
Employer
46 451
37 041
76 346
-
payroll
1 393
1 111
2 290
-
other
2 207
1 759
3 627
-
accident
603
482
993
-
pensions
5 830
4 650
9 581
-
unemployment
1 393
1 111
2 290
-
chamber of commerce
185
148
305
-
surtax
183
183
183
-
health
1 755
1 401
2 886
-
total
13 549
10 845
22 155
-
Corporate
38 498
50 614
72 818
-
income

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

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

9 625
12 654
18 205
-
total
9 625
12 654
18 205
-
Dividends
28 873
37 960
-
-
withholding
7 941
10 439
-
-
total
7 941
10 439
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 814
43 377
69 331
49 079
After tax
53 686
55 123
29 169
49 421
Living cost
32 751
32 751
32 751
32 751
Free-cash
20 935
22 372
-3 582
16 670

Estimated living cost  is ₽32751 per week

₽21844
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2794
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7392
₽21333
₽4178
₽11695
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
15 665
national
-
-
-
32 279
communal

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

-
-
-
4 971
total
-
-
-
52 915
Employee

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

66 487
-
76 293
-
national
20 441
-
24 277
-
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.

579
-
663
-
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.

3 124
-
3 584
-
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.

4 986
-
5 722
-
communal

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

3 468
-
3 979
-
total
32 598
-
38 225
-
Employer

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

66 487
-
76 293
-
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.

864
-
993
-
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.

5 891
-
6 759
-
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.

970
-
1 113
-
surtax
7 539
-
8 650
-
health

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

4 089
-
4 692
-
total
19 353
-
22 207
-
Corporate
12 660
98 500
-
-
income
2 531
19 701
-
-
surtax
51
393
-
-
total
2 582
20 094
-
-
Dividends
10 078
78 406
-
-
withholding

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

2 685
23 183
-
-
total
2 685
23 183
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 218
43 277
60 432
52 915
After tax
41 282
55 223
38 068
45 585
Living cost
33 890
33 890
33 890
33 890
Free-cash
7 392
21 333
4 178
11 695

Estimated living cost  is ₽33890 per week

₽21830
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2963
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8567
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25382
₽32787
₽18082
₽19788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86
unemployment
-
-
-
603
income
-
-
-
19 299
pensions
-
-
-
24 380
accident
-
-
-
776
total
-
-
-
45 144
Employee
46 267
-
74 689
-
unemployment
718
-
1 157
-
other
46
-
74
-
pensions
2 175
-
3 510
-
income
9 762
-
18 299
-
total
12 701
-
23 040
-
Employer
46 267
-
74 689
-
other
369
-
598
-
accident
915
-
1 478
-
pensions
10 918
-
17 626
-
unemployment
2 545
-
4 108
-
total
14 747
-
23 810
-
Corporate
37 485
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.

5 623
14 774
-
-
total
5 623
14 774
-
-
Dividends
31 862
83 726
-
-
withholding
6 479
17 371
-
-
total
6 479
17 371
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 550
32 145
46 850
45 144
After tax
58 950
66 355
51 650
53 356
Living cost
33 568
33 568
33 568
33 568
Free-cash
25 382
32 787
18 082
19 788

Estimated living cost  is ₽33568 per week

₽24719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2381
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.
₽5983
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2984
₽9583
₽9369
₽5119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 246
pensions
-
-
-
14 764
accident
-
-
-
831
communal
-
-
-
6 225
health
-
-
-
6 921
surtax
-
-
-
4 882
total
-
-
-
42 869
Employee
70 389
-
87 984
-
surtax
4 314
-
5 392
-
health
3 133
-
3 916
-
pensions
5 630
-
7 038
-
income
6 799
-
11 758
-
total
19 876
-
28 104
-
Employer
70 389
-
87 984
-
accident
633
-
792
-
pensions
5 630
-
7 038
-
health
2 147
-
2 685
-
total
8 410
-
10 515
-
Corporate
19 701
98 500
-
-
income
2 954
14 774
-
-
communal
-
6 648
-
-
surtax
206
1 034
-
-
total
3 160
22 456
-
-
Dividends
16 540
76 044
-
-
withholding
2 482
11 407
-
-
income
11 076
4 542
-
-
total
13 558
15 949
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 004
38 405
38 619
42 869
After tax
53 496
60 095
59 881
55 631
Living cost
50 512
50 512
50 512
50 512
Free-cash
2 984
9 583
9 369
5 119

Estimated living cost  is ₽50512 per week

₽37892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3060
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.
₽9024
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38125
₽41079
₽27317
₽29135
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
19 164
pensions
-
-
-
19 701
health
-
-
-
6 994
surtax
-
-
-
2 417
total
-
-
-
48 488
Employee
31 302
-
81 371
-
surtax
111
-
2 185
-
unemployment
2 178
-
5 664
-
other
-
-
-
-
health
799
-
2 076
-
pensions
2 088
-
5 427
-
income
5 248
-
17 827
-
total
10 424
-
33 179
-
Employer
31 302
-
81 371
-
other
-
-
-
-
pensions
4 173
-
10 846
-
unemployment
993
-
2 579
-
health
1 423
-
3 702
-
total
6 589
-
17 127
-
Corporate
60 608
98 500
-
-
income
15 758
25 610
-
-
total
15 758
25 610
-
-
Dividends
44 850
72 890
-
-
withholding
6 727
10 934
-
-
total
6 727
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 498
36 544
50 306
48 488
After tax
59 002
61 956
48 194
50 012
Living cost
20 877
20 877
20 877
20 877
Free-cash
38 125
41 079
27 317
29 135

Estimated living cost  is ₽20877 per week

₽12605
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1815
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5974
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24672
₽26737
₽20083
₽24744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
regional
-
-
-
1 486
social contributions
-
-
-
25 335
municipal
-
-
-
586
national
-
-
-
21 311
total
-
-
-
48 718
Employee
51 560
-
98 500
-
national
8 168
-
18 318
-
regional
694
-
1 325
-
municipal
273
-
522
-
social contributions
17 386
-
33 214
-
total
26 521
-
53 379
-
Employer
51 560
-
98 500
-
total
-
-
-
-
Corporate
46 940
98 500
-
-
nationa
11 266
23 639
-
-
municipal
2 334
4 895
-
-
total
13 600
28 534
-
-
Dividends
33 341
69 966
-
-
withholding
8 669
18 191
-
-
total
8 669
18 191
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 790
46 725
53 379
48 718
After tax
49 710
51 775
45 121
49 782
Living cost
25 038
25 038
25 038
25 038
Free-cash
24 672
26 737
20 083
24 744

Estimated living cost  is ₽25038 per week

₽15571
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.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29068
₽39257
₽21424
₽19414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
28 762
income
-
-
-
8 466
health
-
-
-
13 298
solidarity contribution
-
-
-
-
total
-
-
-
50 526
Employee
42 000
-
73 507
-
solidarity contribution
-
-
-
-
health
5 670
-
9 924
-
social contributions
2 730
-
4 778
-
income
5 040
-
8 821
-
total
13 440
-
23 523
-
Employer
42 000
-
73 507
-
social contributions
10 500
-
18 377
-
health
3 780
-
6 616
-
total
14 280
-
24 993
-
Corporate
42 220
98 500
-
-
income
8 022
18 715
-
-
total
8 022
18 715
-
-
Dividends
34 198
79 785
-
-
withholding
5 130
11 968
-
-
total
5 130
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 872
30 683
48 516
50 526
After tax
57 628
67 817
49 984
47 974
Living cost
28 560
28 560
28 560
28 560
Free-cash
29 068
39 257
21 424
19 414

Estimated living cost  is ₽28560 per week

₽21239
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1582
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25109
₽25568
-₽455
₽19950
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
393
unemployment
-
-
-
5 701
income
-
-
-
17 044
pensions
-
-
-
18 223
health
-
-
-
7 535
surtax
-
-
-
-
total
-
-
-
48 896
Employee
40 630
37 041
76 487
-
unemployment
1 219
1 111
2 295
-
other
406
370
766
-
health
1 572
1 434
2 960
-
pensions
4 161
3 792
7 832
-
income
3 619
2 732
15 194
-
total
10 977
9 439
29 047
-
Employer
40 630
37 041
76 487
-
payroll
1 219
1 111
2 295
-
other
1 930
1 759
3 634
-
accident
527
482
995
-
pensions
5 099
4 650
9 599
-
unemployment
1 219
1 111
2 295
-
chamber of commerce
162
148
305
-
surtax
-
-
-
-
health
1 536
1 401
2 891
-
total
11 692
10 662
22 014
-
Corporate
46 177
50 798
72 959
-
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.

11 545
12 700
18 240
-
total
11 545
12 700
18 240
-
Dividends
34 632
38 098
-
-
withholding
9 523
10 477
-
-
total
9 523
10 477
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 737
43 278
69 301
48 896
After tax
54 763
55 222
29 199
49 604
Living cost
29 654
29 654
29 654
29 654
Free-cash
25 109
25 568
-455
19 950

Estimated living cost  is ₽29654 per week

₽17789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3029
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79374
₽81616
₽66841
₽85556
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 949
-
98 500
-
income
2 990
-
19 700
-
total
2 990
-
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%.

83 551
98 500
-
-
total
-
-
-
-
Dividends
83 551
98 500
-
-
withholding
4 177
4 925
-
-
total
4 177
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 167
4 925
19 700
985
After tax
91 333
93 575
78 800
97 515
Living cost
11 959
11 959
11 959
11 959
Free-cash
79 374
81 616
66 841
85 556

Estimated living cost  is ₽11959 per week

₽8093
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽502
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2963
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35112
₽42886
₽22965
₽25789
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
148
income
-
-
-
19 952
pensions
-
-
-
17 988
health
-
-
-
9 692
total
-
-
-
47 780
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.

41 102
-
85 230
-
unemployment
58
-
120
-
health
2 655
-
5 505
-
pensions
6 371
-
13 211
-
income
7 088
-
18 499
-
total
16 172
-
37 335
-
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.

41 102
-
85 230
-
pensions
3 637
-
7 542
-
unemployment
25
-
51
-
health
2 738
-
5 676
-
total
6 400
-
13 269
-
Corporate
50 999
98 500
-
-
income
9 689
18 715
-
-
total
9 689
18 715
-
-
Dividends
41 310
79 785
-
-
withholding
6 196
11 968
-
-
total
6 196
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 457
30 683
50 604
47 780
After tax
60 043
67 817
47 896
50 720
Living cost
24 931
24 931
24 931
24 931
Free-cash
35 112
42 886
22 965
25 789

Estimated living cost  is ₽24931 per week

₽17110
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1598
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.
₽5741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽40322
₽19754
₽46079
₽27898
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
11 229
income
-
-
-
19 200
total
-
-
-
30 429
Employee
57 603
-
-
-
social contributions
4 723
-
673
-
income
12 706
-
-
-
total
17 429
-
673
-
Employer
57 603
-
-
-
social contributions
81 220
-
11 575
-
total
81 220
-
11 575
-
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
98 649
38 573
12 248
30 429
After tax
-149
59 927
86 252
68 071
Living cost
40 173
40 173
40 173
40 173
Free-cash
-40 322
19 754
46 079
27 898

Estimated living cost  is ₽40173 per week

₽26066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9817
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25936
₽26873
₽20314
₽25664
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
social contributions

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

-
-
-
34 228
income
-
-
-
9 453
surtax
-
-
-
-
total
-
-
-
43 681
Employee
42 749
-
79 597
-
surtax
-
-
-
-
social contributions
4 702
-
8 756
-
income
8 892
-
21 372
-
total
13 594
-
30 128
-
Employer
42 749
-
79 597
-
social contributions
10 153
-
18 903
-
total
10 153
-
18 903
-
Corporate
45 598
98 500
-
-
income
9 576
20 685
-
-
surtax
-
-
-
-
total
9 576
20 685
-
-
Dividends
36 022
77 815
-
-
withholding
10 086
21 787
-
-
total
10 086
21 787
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 409
42 472
49 031
43 681
After tax
55 091
56 028
49 469
54 819
Living cost
29 155
29 155
29 155
29 155
Free-cash
25 936
26 873
20 314
25 664

Estimated living cost  is ₽29155 per week

₽21814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5135
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11139
₽4749
₽16408
₽11667
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
3 059
social contributions
-
-
-
2 806
income
-
-
-
10 165
pensions
-
-
-
23 781
health
-
-
-
2 129
surtax
-
-
-
-
total
-
-
-
41 940
Employee
58 215
-
79 711
-
surtax
-
-
-
-
pensions
6 585
-
3 985
-
social contributions
1 658
-
2 272
-
income
5 079
-
12 156
-
total
13 322
-
18 413
-
Employer
58 215
-
79 711
-
other
2 009
-
2 750
-
pensions
9 565
-
6 989
-
unemployment
2 358
-
3 228
-
social contributions
175
-
240
-
health
4 075
-
5 579
-
total
18 182
-
18 786
-
Corporate
22 103
98 500
-
-
income
6 189
27 580
-
-
surtax
-
-
-
-
total
6 189
27 580
-
-
Dividends
15 913
70 920
-
-
withholding
2 037
9 079
-
-
social contributions
2 738
12 199
-
-
surtax
-
-
-
-
total
4 775
21 278
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 468
48 858
37 199
41 940
After tax
56 032
49 642
61 301
56 560
Living cost
44 893
44 893
44 893
44 893
Free-cash
11 139
4 749
16 408
11 667

Estimated living cost  is ₽44893 per week

₽30383
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3672
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽616
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10222
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57587
₽60711
₽49470
₽46852
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 039
social contributions
-
-
-
21 669
total
-
-
-
23 708
Employee
29 882
-
85 282
-
social contributions
1 942
-
5 542
-
income
-
-
2 330
-
total
1 942
-
7 872
-
Employer
29 882
-
85 282
-
social contributions
4 632
-
13 218
-
total
4 632
-
13 218
-
Corporate
63 986
98 500
-
-
income
6 399
9 849
-
-
total
6 399
9 849
-
-
Dividends
57 587
88 651
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
12 973
9 849
21 090
23 708
After tax
85 527
88 651
77 410
74 792
Living cost
27 940
27 940
27 940
27 940
Free-cash
57 587
60 711
49 470
46 852

Estimated living cost  is ₽27940 per week

₽18066
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2106
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽526
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103708
-₽103708
-₽103708
₽16062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
pensions
-
-
-
804
municipal
-
-
-
18 589
labour market
-
-
-
7 816
national
-
-
-
10 533
total
-
-
-
37 742
Employee
188 653
188 653
188 653
-
national
23 047
23 047
23 047
-
municipal
40 173
40 173
40 173
-
labour market
15 071
15 071
15 071
-
pensions
268
268
268
-
total
78 559
78 559
78 559
-
Employer
188 653
188 653
188 653
-
municipal
40 237
40 237
40 237
-
pensions
536
536
536
-
national
23 088
23 088
23 088
-
labour market
15 092
15 092
15 092
-
total
78 953
78 953
78 953
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
157 512
157 512
157 512
37 742
After tax
-59 012
-59 012
-59 012
60 758
Living cost
44 696
44 696
44 696
44 696
Free-cash
-103 708
-103 708
-103 708
16 062

Estimated living cost  is ₽44696 per week

₽30591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3954
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.
₽9464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4819
-₽12623
₽30480
₽46981
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 297
pensions
-
-
-
3 955
accident
-
-
-
240
health
-
-
-
2 073
total
-
-
-
30 917
Employee
32 409
-
84 545
-
health
3 711
-
9 680
-
pensions
3 649
-
7 252
-
income
4 446
-
16 531
-
total
11 806
-
33 463
-
Employer
32 409
-
84 545
-
accident
541
-
1 412
-
pensions
5 270
-
10 472
-
unemployment
794
-
2 071
-
total
6 605
-
13 955
-
Corporate
59 487
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.

53 538
88 650
-
-
total
53 538
88 650
-
-
Dividends
5 949
9 850
-
-
withholding
1 130
1 871
-
-
total
1 130
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 079
90 521
47 418
30 917
After tax
25 421
7 979
51 082
67 583
Living cost
20 602
20 602
20 602
20 602
Free-cash
4 819
-12 623
30 480
46 981

Estimated living cost  is ₽20602 per week

₽14996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1174
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4045
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27937
₽29382
₽20067
₽33637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
municipal
-
-
-
17 528
national
-
-
-
10 521
health
-
-
-
1 129
total
-
-
-
29 178
Employee
48 902
-
82 863
-
national
808
-
5 860
-
unemployment
734
-
1 244
-
health
365
-
889
-
municipal
8 010
-
13 525
-
pensions
3 300
-
5 593
-
total
13 217
-
27 111
-
Employer
48 902
-
82 863
-
accident
49
-
83
-
pensions
8 484
-
14 377
-
unemployment
317
-
538
-
health
376
-
639
-
total
9 226
-
15 637
-
Corporate
40 371
98 500
-
-
income
8 075
19 701
-
-
total
8 075
19 701
-
-
Dividends

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

24 222
59 099
-
-
municipal
4 360
10 638
-
-
national
-
3 094
-
-
total
4 360
13 732
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 878
33 433
42 748
29 178
After tax
63 622
65 067
55 752
69 322
Living cost
35 685
35 685
35 685
35 685
Free-cash
27 937
29 382
20 067
33 637

Estimated living cost  is ₽35685 per week

₽23310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3432
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽568
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45492
₽50551
₽47499
₽47826
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
15 039
income
-
-
-
11 603
health
-
-
-
2 512
total
-
-
-
29 154
Employee
71 473
71 473
89 423
-
health
554
1 215
1 520
-
social contributions
2 702
5 932
7 422
-
income
7 782
6 616
11 462
-
total
11 038
13 763
20 404
-
Employer
71 473
71 473
89 423
-
social contributions
2 702
5 932
7 422
-
health
601
1 323
1 655
-
total
3 303
7 255
9 077
-
Corporate
62 638
19 772
-
-
income
7 830
2 471
-
-
total
7 830
2 471
-
-
Dividends
54 808
17 301
-
-
withholding
9 317
2 940
-
-
total
9 317
2 940
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 488
26 429
29 481
29 154
After tax
67 012
72 071
69 019
69 346
Living cost
21 520
21 520
21 520
21 520
Free-cash
45 492
50 551
47 499
47 826

Estimated living cost  is ₽21520 per week

₽12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2111
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.
₽6036
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62082
₽66810
₽46314
₽64957
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
26
income
-
-
-
9 483
pensions
-
-
-
5 913
health
-
-
-
3 364
total
-
-
-
18 786
Employee

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

21 335
-
89 416
-
unemployment
106
-
441
-
health
1 813
-
7 496
-
pensions
3 200
-
13 229
-
income
1 459
-
7 179
-
total
6 578
-
28 345
-
Employer

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

21 335
-
89 416
-
pensions
1 173
-
4 851
-
unemployment
106
-
441
-
health
917
-
3 792
-
total
2 196
-
9 084
-
Corporate
74 969
98 500
-
-
income
6 747
8 865
-
-
total
6 747
8 865
-
-
Dividends
68 222
89 635
-
-
withholding
6 140
8 068
-
-
total
6 140
8 068
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 661
16 933
37 429
18 786
After tax
76 839
81 567
61 071
79 714
Living cost
14 757
14 757
14 757
14 757
Free-cash
62 082
66 810
46 314
64 957

Estimated living cost  is ₽14757 per week

₽9416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1064
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.
₽3838
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35918
₽40795
₽26090
₽27796
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86
unemployment
-
-
-
603
income
-
-
-
19 299
pensions
-
-
-
24 380
accident
-
-
-
776
total
-
-
-
45 144
Employee
34 369
-
74 689
-
unemployment
533
-
1 157
-
other
34
-
74
-
pensions
1 616
-
3 510
-
income
6 626
-
18 299
-
total
8 809
-
23 040
-
Employer
34 369
-
74 689
-
other
275
-
598
-
accident
681
-
1 478
-
pensions
8 110
-
17 626
-
unemployment
1 891
-
4 108
-
total
10 957
-
23 810
-
Corporate
53 174
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.

7 976
14 774
-
-
total
7 976
14 774
-
-
Dividends
45 198
83 726
-
-
withholding
9 280
17 371
-
-
total
9 280
17 371
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 022
32 145
46 850
45 144
After tax
61 478
66 355
51 650
53 356
Living cost
25 560
25 560
25 560
25 560
Free-cash
35 918
40 795
26 090
27 796

Estimated living cost  is ₽25560 per week

₽17252
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2457
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5403
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59417
₽59706
₽61110
₽61235
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
33 296
pensions
-
-
-
1 282
health
-
-
-
929
total
-
-
-
35 507
Employee
2 677
-
97 058
-
unemployment
27
-
64
-
health
134
-
321
-
pensions
241
-
577
-
income
518
-
33 228
-
total
920
-
34 190
-
Employer
2 677
-
97 058
-
pensions
294
-
705
-
unemployment
54
-
128
-
health
254
-
609
-
total
602
-
1 442
-
Corporate
95 221
98 500
-
-
income
20 949
21 670
-
-
total
20 949
21 670
-
-
Dividends
74 272
76 830
-
-
withholding
14 854
15 366
-
-
total
14 854
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 325
37 036
35 632
35 507
After tax
61 175
61 464
62 868
62 993
Living cost
1 758
1 758
1 758
1 758
Free-cash
59 417
59 706
61 110
61 235

Estimated living cost  is ₽1758 per week

₽1044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽530
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50543
₽55111
₽36740
₽36740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 029
income
-
-
-
19 771
pensions
-
-
-
17 838
health
-
-
-
7 067
total
-
-
-
45 705
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.

24 210
-
86 219
-
unemployment
182
-
515
-
health
1 247
-
3 533
-
pensions
3 389
-
9 605
-
income
3 337
-
19 771
-
total
8 155
-
33 424
-
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.

24 210
-
86 219
-
pensions
2 905
-
8 233
-
unemployment
182
-
515
-
health
1 247
-
3 533
-
total
4 334
-
12 281
-
Corporate
69 957
98 500
-
-
income
10 494
14 775
-
-
total
10 494
14 775
-
-
Dividends
59 463
83 725
-
-
withholding
8 919
12 559
-
-
total
8 919
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 902
27 334
45 705
45 705
After tax
66 598
71 166
52 795
52 795
Living cost
16 055
16 055
16 055
16 055
Free-cash
50 543
55 111
36 740
36 740

Estimated living cost  is ₽16055 per week

₽10810
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
₽30634
₽30970
₽24411
₽29761
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
social contributions

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

-
-
-
34 228
income
-
-
-
9 453
surtax
-
-
-
-
total
-
-
-
43 681
Employee
36 075
-
79 597
-
surtax
-
-
-
-
social contributions
3 969
-
8 756
-
income
7 049
-
21 372
-
total
11 018
-
30 128
-
Employer
36 075
-
79 597
-
social contributions
8 567
-
18 903
-
total
8 567
-
18 903
-
Corporate
53 857
98 500
-
-
income
11 310
20 685
-
-
surtax
-
-
-
-
total
11 310
20 685
-
-
Dividends
42 548
77 815
-
-
withholding
11 913
21 787
-
-
total
11 913
21 787
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 808
42 472
49 031
43 681
After tax
55 692
56 028
49 469
54 819
Living cost
25 058
25 058
25 058
25 058
Free-cash
30 634
30 970
24 411
29 761

Estimated living cost  is ₽25058 per week

₽17748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1741
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.
₽5126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26599
₽33689
₽18984
₽20690
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
86
unemployment
-
-
-
603
income
-
-
-
19 299
pensions
-
-
-
24 380
accident
-
-
-
776
total
-
-
-
45 144
Employee
44 890
-
74 689
-
unemployment
695
-
1 157
-
other
44
-
74
-
pensions
2 110
-
3 510
-
income
9 376
-
18 299
-
total
12 225
-
23 040
-
Employer
44 890
-
74 689
-
other
360
-
598
-
accident
889
-
1 478
-
pensions
10 594
-
17 626
-
unemployment
2 469
-
4 108
-
total
14 312
-
23 810
-
Corporate
39 298
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.

5 895
14 774
-
-
total
5 895
14 774
-
-
Dividends
33 403
83 726
-
-
withholding
6 803
17 371
-
-
total
6 803
17 371
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 235
32 145
46 850
45 144
After tax
59 265
66 355
51 650
53 356
Living cost
32 666
32 666
32 666
32 666
Free-cash
26 599
33 689
18 984
20 690

Estimated living cost  is ₽32666 per week

₽23460
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2540
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.
₽6207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62566
₽68230
₽62229
₽59069
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
130
income
-
-
-
14 775
pensions

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

-
-
-
4 805
health
-
-
-
3 733
total
-
-
-
23 443
Employee
21 171
-
92 131
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
health
974
-
1 493
-
pensions

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

1 859
-
2 851
-
income
2 117
-
9 213
-
total
5 183
-
13 914
-
Employer
21 171
-
92 131
-
accident

We are using the highest rate at 1.1%.

233
-
357
-
pensions

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

2 333
-
3 577
-
unemployment
127
-
195
-
health
1 461
-
2 240
-
total
4 154
-
6 369
-
Corporate
73 175
98 500
-
-
income
7 317
9 850
-
-
total
7 317
9 850
-
-
Dividends
65 858
88 650
-
-
withholding
3 292
4 432
-
-
total
3 292
4 432
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 946
14 282
20 283
23 443
After tax
78 554
84 218
78 217
75 057
Living cost
15 988
15 988
15 988
15 988
Free-cash
62 566
68 230
62 229
59 069

Estimated living cost  is ₽15988 per week

₽10575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽915
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.
₽4118
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27074
₽14914
₽33515
₽25581
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
trade
-
-
-
7 934
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.

-
-
-
21 565
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.

-
-
-
6 350
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.

-
-
-
1 185
total
-
-
-
37 034
Employee

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

46 248
-
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
-
1 185
-
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.

6 350
-
6 350
-
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.

3 803
-
21 565
-
total
10 363
-
29 100
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 252
98 500
-
-
trade
7 498
14 134
-
-
income
7 839
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.

430
813
-
-
chamber of commerce
217
286
-
-
total
15 984
30 007
-
-
Dividends
36 268
68 493
-
-
withholding
8 714
16 771
-
-
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.

480
923
-
-
total
9 194
17 694
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 541
47 701
29 100
37 034
After tax
62 959
50 799
69 400
61 466
Living cost
35 885
35 885
35 885
35 885
Free-cash
27 074
14 914
33 515
25 581

Estimated living cost  is ₽35885 per week

₽24754
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽6749
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18055
₽16002
₽12638
₽12638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
8 878
income
-
-
-
24 036
total
-
-
-
32 914
Employee
72 706
-
98 500
-
social contributions
6 040
-
8 878
-
income
13 719
-
24 036
-
total
19 759
-
32 914
-
Employer
72 706
-
98 500
-
total
-
-
-
-
Corporate
25 794
98 500
-
-
income
3 224
12 312
-
-
total
3 224
12 312
-
-
Dividends
22 569
86 188
-
-
withholding
4 514
17 238
-
-
total
4 514
17 238
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 497
29 550
32 914
32 914
After tax
71 003
68 950
65 586
65 586
Living cost
52 948
52 948
52 948
52 948
Free-cash
18 055
16 002
12 638
12 638

Estimated living cost  is ₽52948 per week

₽40282
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4314
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.
₽7846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28620
₽25373
₽38685
₽32604
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 500
health

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

-
-
-
5 697
income
-
-
-
26 458
total
-
-
-
32 155
Employee
42 639
-
94 224
-
social contributions
4 272
-
4 276
-
income
4 627
-
17 522
-
total
8 899
-
21 798
-
Employer
42 639
-
94 224
-
social contributions
4 272
-
4 276
-
total
4 272
-
4 276
-
Corporate
51 589
98 500
-
-
income
18 057
34 475
-
-
total
18 057
34 475
-
-
Dividends
33 532
64 025
-
-
social contributions
4 911
4 911
-
-
total
4 911
4 911
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 139
39 386
26 074
32 155
After tax
62 361
59 114
72 426
66 345
Living cost
33 741
33 741
33 741
33 741
Free-cash
28 620
25 373
38 685
32 604

Estimated living cost  is ₽33741 per week

₽22225
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2660
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8338
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34252
₽37080
₽27060
₽35816
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 320
pensions
-
-
-
7 030
total
-
-
-
28 350
Employee
47 129
-
86 640
-
health
615
-
1 425
-
pensions
3 597
-
8 338
-
income
8 582
-
15 483
-
total
12 794
-
25 246
-
Employer
47 129
-
86 640
-
pensions
4 761
-
10 213
-
health
896
-
1 647
-
total
5 657
-
11 860
-
Corporate
45 714
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.

8 686
18 714
-
-
total
8 686
18 714
-
-
Dividends
37 028
79 786
-
-
withholding
2 777
8 372
-
-
total
2 777
8 372
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 914
27 086
37 106
28 350
After tax
68 586
71 414
61 394
70 150
Living cost
34 334
34 334
34 334
34 334
Free-cash
34 252
37 080
27 060
35 816

Estimated living cost  is ₽34334 per week

₽23553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3157
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7192
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4506
-₽14663
₽28440
₽44941
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other
-
-
-
352
income
-
-
-
24 297
pensions
-
-
-
3 955
accident
-
-
-
240
health
-
-
-
2 073
total
-
-
-
30 917
Employee
35 617
-
84 545
-
health
4 078
-
9 680
-
pensions
4 010
-
7 252
-
income
4 886
-
16 531
-
total
12 974
-
33 463
-
Employer
35 617
-
84 545
-
accident
595
-
1 412
-
pensions
5 791
-
10 472
-
unemployment
872
-
2 071
-
total
7 258
-
13 955
-
Corporate
55 625
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.

50 063
88 650
-
-
total
50 063
88 650
-
-
Dividends
5 563
9 850
-
-
withholding
1 057
1 871
-
-
total
1 057
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 352
90 521
47 418
30 917
After tax
27 148
7 979
51 082
67 583
Living cost
22 642
22 642
22 642
22 642
Free-cash
4 506
-14 663
28 440
44 941

Estimated living cost  is ₽22642 per week

₽16617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4250
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽66652
₽70334
₽50253
₽43605
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 182
income
-
-
-
15 254
pensions
-
-
-
18 124
health insurance
-
-
-
7 289
work injury
-
-
-
492
total
-
-
-
42 341
Employee

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

20 087
-
98 500
-
health insurance
1 486
-
5 500
-
unemployment
241
-
892
-
work injury
100
-
372
-
pensions
3 696
-
13 675
-
income
2 009
-
15 254
-
total
7 532
-
35 693
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 413
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
78 413
97 515
-
-
withholding
11 762
14 627
-
-
total
11 762
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 294
15 612
35 693
42 341
After tax
79 206
82 888
62 807
56 159
Living cost
12 554
12 554
12 554
12 554
Free-cash
66 652
70 334
50 253
43 605

Estimated living cost  is ₽12554 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽912
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽392
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3473
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

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Rome , Italy
₽10628
₽14855
₽7645
₽12149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
regional
-
-
-
2 019
social contributions
-
-
-
25 335
municipal
-
-
-
658
national
-
-
-
21 311
total
-
-
-
49 323
Employee
78 324
-
98 500
-
national
13 236
-
18 318
-
regional
1 183
-
1 708
-
municipal
467
-
587
-
social contributions
26 410
-
33 214
-
total
41 296
-
53 827
-
Employer
78 324
-
98 500
-
total
-
-
-
-
Corporate
20 176
98 500
-
-
nationa
4 842
23 639
-
-
municipal
972
4 748
-
-
total
5 814
28 387
-
-
Dividends
14 362
70 112
-
-
withholding
3 734
18 230
-
-
total
3 734
18 230
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 844
46 617
53 827
49 323
After tax
47 656
51 883
44 673
49 177
Living cost
37 028
37 028
37 028
37 028
Free-cash
10 628
14 855
7 645
12 149

Estimated living cost  is ₽37028 per week

₽26010
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2547
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7911
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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