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
₽19383
₽30496
₽31781
₽39939
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 158
income

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

-
-
-
20 165
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.

-
-
-
6 862
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.

-
-
-
1 109
total
-
-
-
36 294
Employee

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

38 419
-
98 500
-
health

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

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

6 862
-
6 862
-
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.

59
-
1 109
-
income

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

1 073
-
20 165
-
total
7 994
-
28 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
60 081
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.

496
812
-
-
income
9 012
14 775
-
-
trade
9 462
15 514
-
-
chamber of commerce
238
294
-
-
total
19 208
31 395
-
-
Dividends
40 872
67 105
-
-
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.

541
902
-
-
withholding
9 836
16 395
-
-
total
10 377
17 297
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 579
48 692
28 136
36 294
After tax
60 921
49 808
70 364
62 206
Living cost
30 425
30 425
30 425
30 425
Free-cash
30 496
19 383
39 939
31 781

Estimated living cost  is ₽30425 per week

₽19138
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3547
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.
₽7171
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10785
₽9941
₽8832
₽9606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
10 241
pensions
-
-
-
11 820
national
-
-
-
15 869
social contributions
-
-
-
1 059
total
-
-
-
38 989
Employee
78 562
-
85 152
-
municipal
9 704
-
10 622
-
pensions
3 142
-
3 406
-
national
15 037
-
16 460
-
total
27 883
-
30 488
-
Employer
78 562
-
85 152
-
social contributions
845
-
915
-
pensions
6 285
-
6 812
-
total
7 130
-
7 727
-
Corporate
7 623
98 500
-
-
income

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

1 525
19 700
-
-
total
1 525
19 700
-
-
Dividends
6 099
78 800
-
-
withholding
1 342
17 336
-
-
total
1 342
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 880
37 036
38 215
38 989
After tax
60 620
61 464
60 285
59 511
Living cost
50 679
50 679
50 679
50 679
Free-cash
9 941
10 785
9 606
8 832

Estimated living cost  is ₽50679 per week

₽34446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽759
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽57903
₽49664
₽31709
₽34644
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
microenterprise
-
-
-
-
income
-
-
-
14 227
surtax
-
-
-
-
social contributions

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

-
-
-
31 667
total
-
-
-
45 894
Employee
29 351
-
79 377
-
social contributions

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

3 229
-
8 732
-
surtax
-
-
-
-
income
5 225
-
15 104
-
total
8 454
-
23 836
-
Employer
29 351
-
79 377
-
social contributions

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

7 070
-
19 123
-
surtax
-
-
-
-
total
7 070
-
19 123
-
Corporate
62 079
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%.

12 415
19 700
-
-
total
12 415
19 700
-
-
Dividends

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

49 664
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 939
19 700
42 959
45 894
After tax
70 561
78 800
55 541
52 606
Living cost
20 897
20 897
20 897
20 897
Free-cash
49 664
57 903
34 644
31 709

Estimated living cost  is ₽20897 per week

₽13332
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1990
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5101
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4392
-₽1246
₽13841
-₽1246
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 888
pensions
-
-
-
11 769
health
-
-
-
11 923
total
-
-
-
42 580
Employee
85 778
85 778
85 778
-
health
13 166
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
15 440
11 769
15 440
-
total
42 646
37 008
42 646
-
Employer
85 778
85 778
85 778
-
unemployment
3 088
3 088
3 088
-
pensions
5 970
5 970
5 970
-
health
5 963
5 963
5 963
-
total
15 021
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 667
52 029
57 667
42 580
After tax
40 833
46 471
40 833
55 920
Living cost
42 079
42 079
42 079
42 079
Free-cash
-1 246
4 392
-1 246
13 841

Estimated living cost  is ₽42079 per week

₽29820
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3793
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽669
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14819
₽13945
₽12804
₽13638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
21 996
accident
-
-
-
171
pensions
-
-
-
9 231
other
-
-
-
9 923
unemployment
-
-
-
85
health
-
-
-
5 328
national
-
-
-
-
total
-
-
-
46 734
Employee
55 518
-
74 950
-
municipal
16 555
-
22 350
-
national
-
-
-
-
total
16 555
-
22 350
-
Employer
55 518
-
74 950
-
accident
111
-
150
-
other
6 451
-
8 709
-
unemployment
1 466
-
1 979
-
pensions
6 001
-
8 102
-
health
3 414
-
4 610
-
total
17 443
-
23 550
-
Corporate
25 539
98 500
-
-
income
5 619
21 670
-
-
total
5 619
21 670
-
-
Dividends
19 920
76 830
-
-
withholding
5 976
23 049
-
-
total
5 976
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 593
44 719
45 900
46 734
After tax
52 907
53 781
52 600
51 766
Living cost
38 962
38 962
38 962
38 962
Free-cash
13 945
14 819
13 638
12 804

Estimated living cost  is ₽38962 per week

₽25823
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3823
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.
₽8725
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9844
₽23955
₽22383
₽30904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 521
income

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

-
-
-
20 165
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.

-
-
-
6 862
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.

-
-
-
1 109
total
-
-
-
36 657
Employee

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

50 939
-
98 500
-
health

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

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

6 862
-
6 862
-
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.

240
-
1 109
-
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.

4 377
-
20 165
-
total
11 479
-
28 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
47 561
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.

393
812
-
-
income
7 135
14 775
-
-
trade
7 823
16 202
-
-
chamber of commerce
219
292
-
-
total
15 570
32 081
-
-
Dividends
31 992
66 419
-
-
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.

419
892
-
-
withholding
7 617
16 223
-
-
total
8 036
17 115
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 085
49 196
28 136
36 657
After tax
63 415
49 304
70 364
61 843
Living cost
39 460
39 460
39 460
39 460
Free-cash
23 955
9 844
30 904
22 383

Estimated living cost  is ₽39460 per week

₽26391
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽589
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39534
₽35369
₽37560
₽37460
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
10 482
health
-
-
-
2 512
social contributions
-
-
-
15 366
total
-
-
-
28 360
Employee
77 239
77 239
89 423
-
social contributions
3 753
6 410
7 423
-
health
768
1 313
1 521
-
income
8 111
7 150
10 438
-
total
12 632
14 873
19 382
-
Employer
77 239
77 239
89 423
-
social contributions
3 753
6 410
7 423
-
health
837
1 430
1 655
-
total
4 590
7 840
9 078
-
Corporate
48 698
13 421
-
-
income
6 086
1 677
-
-
total
6 086
1 677
-
-
Dividends
42 611
11 743
-
-
withholding
7 243
1 996
-
-
total
7 243
1 996
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 551
26 386
28 460
28 360
After tax
67 949
72 114
70 040
70 140
Living cost
32 580
32 580
32 580
32 580
Free-cash
35 369
39 534
37 460
37 560

Estimated living cost  is ₽32580 per week

₽22272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7217
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37269
₽37648
₽50008
₽38874
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
12 042
pensions
-
-
-
9 850
unemployment
-
-
-
1 478
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.

26 310
10 471
82 427
-
health
1 842
733
5 770
-
income
3 216
1 280
10 077
-
pensions
2 631
1 047
8 243
-
unemployment
395
157
1 236
-
total
8 084
3 217
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.

26 310
10 471
82 427
-
pensions
5 131
2 042
16 073
-
total
5 131
2 042
16 073
-
Corporate
67 059
85 987
-
-
income
6 035
7 739
-
-
total
6 035
7 739
-
-
Dividends
61 024
78 248
-
-
social contributions
11 780
15 139
-
-
withholding
11 595
14 867
-
-
total
23 375
30 006
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 625
43 004
41 399
30 265
After tax
55 875
55 496
57 101
68 235
Living cost
18 227
18 227
18 227
18 227
Free-cash
37 648
37 269
38 874
50 008

Estimated living cost  is ₽18227 per week

₽12438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1491
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3933
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54538
₽48298
₽28534
₽32512
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 198
pensions
-
-
-
19 700
health
-
-
-
12 806
total
-
-
-
45 704
Employee
28 495
-
73 617
-
income
3 208
-
14 193
-
pensions
570
-
1 472
-
unemployment
456
-
1 178
-
total
4 234
-
16 843
-
Employer
28 495
-
73 617
-
unemployment
229
-
589
-
pensions
5 699
-
14 723
-
health
3 704
-
9 571
-
total
9 632
-
24 883
-
Corporate
60 373
98 500
-
-
income
12 074
19 700
-
-
total
12 074
19 700
-
-
Dividends
48 299
78 800
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 940
19 700
41 726
45 704
After tax
72 560
78 800
56 774
52 796
Living cost
24 262
24 262
24 262
24 262
Free-cash
48 298
54 538
32 512
28 534

Estimated living cost  is ₽24262 per week

₽16641
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1445
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5688
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14066
₽4597
₽45573
₽28719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
253
income
-
-
-
23 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 883
Employee
34 676
-
84 000
-
health
3 970
-
9 618
-
income
4 757
-
15 974
-
pensions
3 905
-
7 645
-
total
12 632
-
33 237
-
Employer
34 676
-
84 000
-
accident
579
-
1 403
-
unemployment
850
-
2 058
-
pensions
5 639
-
11 039
-
total
7 068
-
14 500
-
Corporate
56 757
98 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

51 081
88 650
-
-
total
51 081
88 650
-
-
Dividends
5 676
9 850
-
-
withholding
1 078
1 872
-
-
total
1 078
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 859
90 522
47 737
30 883
After tax
26 641
7 978
50 763
67 617
Living cost
22 044
22 044
22 044
22 044
Free-cash
4 597
-14 066
28 719
45 573

Estimated living cost  is ₽22044 per week

₽16156
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1221
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.
₽4207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84475
₽82768
₽88415
₽69700
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 374
-
98 500
-
income
2 275
-
19 700
-
total
2 275
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

87 126
98 500
-
-
total
-
-
-
-
Dividends
87 126
98 500
-
-
withholding
4 357
4 925
-
-
total
4 357
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 632
4 925
19 700
985
After tax
91 868
93 575
78 800
97 515
Living cost
9 100
9 100
9 100
9 100
Free-cash
82 768
84 475
69 700
88 415

Estimated living cost  is ₽9100 per week

₽5639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45601
₽38819
₽26572
₽30947
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
12 510
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.

-
-
-
23 638
other
-
-
-
4 680
health
-
-
-
4 335
total
-
-
-
45 163
Employee
36 471
-
78 674
-
health
511
-
1 102
-
income
6 279
-
13 568
-
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.

2 552
-
5 507
-
unemployment
364
-
787
-
total
9 706
-
20 964
-
Employer
36 471
-
78 674
-
accident
292
-
629
-
other
1 824
-
3 932
-
unemployment
364
-
787
-
pensions

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

6 201
-
13 374
-
health
511
-
1 102
-
total
9 192
-
19 824
-
Corporate
52 837
98 500
-
-
income
11 096
20 686
-
-
total
11 096
20 686
-
-
Dividends
41 741
77 814
-
-
withholding
2 922
5 448
-
-
total
2 922
5 448
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 916
26 134
40 788
45 163
After tax
65 584
72 366
57 712
53 337
Living cost
26 765
26 765
26 765
26 765
Free-cash
38 819
45 601
30 947
26 572

Estimated living cost  is ₽26765 per week

₽18911
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1807
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5616
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5817
-₽9438
₽4263
-₽5336
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
19 955
pensions
-
-
-
7 189
total
-
-
-
27 144
Employee
94 927
-
86 770
-
health
1 564
-
1 396
-
income
17 112
-
15 439
-
pensions
9 158
-
8 179
-
total
27 834
-
25 014
-
Employer
94 927
-
86 770
-
pensions
11 208
-
10 081
-
health
1 803
-
1 648
-
total
13 011
-
11 729
-
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.

-
18 716
-
-
total
-
18 716
-
-
Dividends
-
79 784
-
-
withholding
-
6 874
-
-
total
-
6 874
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 845
25 590
36 743
27 144
After tax
57 655
72 910
61 757
71 356
Living cost
67 093
67 093
67 093
67 093
Free-cash
-9 438
5 817
-5 336
4 263

Estimated living cost  is ₽67093 per week

₽50274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8391
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71049
₽66385
₽61191
₽64207
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
14 775
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
24 141
Employee
17 436
-
91 617
-
health
802
-
1 614
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
income
1 743
-
9 162
-
pensions

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

1 531
-
3 080
-
total
4 268
-
14 242
-
Employer
17 436
-
91 617
-
accident

We are using the highest rate at 1.1%.

192
-
386
-
unemployment
104
-
210
-
pensions

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

1 922
-
3 866
-
health
1 203
-
2 421
-
total
3 421
-
6 883
-
Corporate
77 643
98 500
-
-
income
7 764
9 850
-
-
total
7 764
9 850
-
-
Dividends
69 879
88 650
-
-
withholding
3 494
4 433
-
-
total
3 494
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 947
14 283
21 125
24 141
After tax
79 553
84 217
77 375
74 359
Living cost
13 168
13 168
13 168
13 168
Free-cash
66 385
71 049
64 207
61 191

Estimated living cost  is ₽13168 per week

₽7687
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽349
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4191
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9228
-₽10931
₽221
-₽14866
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 888
pensions
-
-
-
11 769
health
-
-
-
11 923
total
-
-
-
42 580
Employee
93 127
85 778
85 778
-
health
11 618
11 199
13 166
-
income

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

14 040
14 040
14 040
-
pensions
11 769
11 769
15 440
-
total
37 427
37 008
42 646
-
Employer
93 127
85 778
85 778
-
unemployment
3 353
3 088
3 088
-
pensions
6 481
5 970
5 970
-
health
6 471
5 963
5 963
-
total
16 305
15 021
15 021
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
53 732
52 029
57 667
42 580
After tax
44 768
46 471
40 833
55 920
Living cost
55 699
55 699
55 699
55 699
Free-cash
-10 931
-9 228
-14 866
221

Estimated living cost  is ₽55699 per week

₽41088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4975
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8999
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43797
₽35227
₽23955
₽25965
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
8 466
health
-
-
-
13 297
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 762
total
-
-
-
50 525
Employee
35 323
-
73 507
-
social contributions
2 296
-
4 778
-
health
4 769
-
9 923
-
solidarity contribution
-
-
-
-
income
4 239
-
8 821
-
total
11 304
-
23 522
-
Employer
35 323
-
73 507
-
social contributions
8 831
-
18 377
-
health
3 179
-
6 616
-
total
12 010
-
24 993
-
Corporate
51 167
98 500
-
-
income
9 722
18 715
-
-
total
9 722
18 715
-
-
Dividends
41 445
79 785
-
-
withholding
6 217
11 968
-
-
total
6 217
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 253
30 683
48 515
50 525
After tax
59 247
67 817
49 985
47 975
Living cost
24 020
24 020
24 020
24 020
Free-cash
35 227
43 797
25 965
23 955

Estimated living cost  is ₽24020 per week

₽16684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5154
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10169
₽4923
₽8322
₽3637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
585
regional
-
-
-
1 084
national
-
-
-
20 789
social contributions
-
-
-
25 335
total
-
-
-
47 793
Employee
89 271
-
98 500
-
social contributions
30 102
-
33 215
-
regional
842
-
947
-
municipal
473
-
522
-
national
15 469
-
17 794
-
total
46 886
-
52 478
-
Employer
89 271
-
98 500
-
total
-
-
-
-
Corporate
9 229
98 500
-
-
nationa
2 215
23 640
-
-
municipal
360
3 841
-
-
total
2 575
27 481
-
-
Dividends
6 654
71 019
-
-
withholding
1 731
18 465
-
-
total
1 731
18 465
-
-
Income
98 500
98 500
98 500
98 500
Total tax
51 192
45 946
52 478
47 793
After tax
47 308
52 554
46 022
50 707
Living cost
42 385
42 385
42 385
42 385
Free-cash
4 923
10 169
3 637
8 322

Estimated living cost  is ₽42385 per week

₽29546
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2779
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽650
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9409
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39792
₽36665
₽28709
₽26805
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 478
pensions
-
-
-
19 700
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 994
surtax
-
-
-
2 225
total
-
-
-
47 626
Employee
33 217
-
81 371
-
other
-
-
-
-
health
848
-
2 076
-
surtax
109
-
2 005
-
income
5 568
-
17 230
-
pensions
2 215
-
5 427
-
unemployment
2 312
-
5 663
-
total
11 052
-
32 401
-
Employer
33 217
-
81 371
-
other
-
-
-
-
unemployment
1 052
-
2 579
-
pensions
4 428
-
10 846
-
health
1 512
-
3 704
-
total
6 992
-
17 129
-
Corporate
58 291
98 500
-
-
income
15 156
25 609
-
-
total
15 156
25 609
-
-
Dividends
43 135
72 891
-
-
withholding
6 470
10 934
-
-
total
6 470
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 670
36 543
49 530
47 626
After tax
58 830
61 957
48 970
50 874
Living cost
22 165
22 165
22 165
22 165
Free-cash
36 665
39 792
26 805
28 709

Estimated living cost  is ₽22165 per week

₽13553
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6056
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27074
₽20068
₽25520
₽15921
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
19 955
pensions
-
-
-
7 189
total
-
-
-
27 144
Employee
63 617
-
86 770
-
health
924
-
1 396
-
income
11 458
-
15 439
-
pensions
5 400
-
8 179
-
total
17 782
-
25 014
-
Employer
63 617
-
86 770
-
pensions
6 887
-
10 081
-
health
1 209
-
1 648
-
total
8 096
-
11 729
-
Corporate
26 787
98 500
-
-
income

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

5 090
18 716
-
-
total
5 090
18 716
-
-
Dividends
21 697
79 784
-
-
withholding
1 628
6 874
-
-
total
1 628
6 874
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 596
25 590
36 743
27 144
After tax
65 904
72 910
61 757
71 356
Living cost
45 836
45 836
45 836
45 836
Free-cash
20 068
27 074
15 921
25 520

Estimated living cost  is ₽45836 per week

₽34340
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7580
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽31352
₽584
₽5866
₽910
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 038
pensions
-
-
-
9 063
other

This will depend on a canton and a chosen fund. The rate is between 0.3% and 3.4% with a maximum base of 148,200 CHF. We use 2% as an average rate.

-
-
-
1 970
regional
-
-
-
3 334
health
-
-
-
249
national
-
-
-
586
total
-
-
-
16 240
Employee
89 401
-
88 162
-
city
959
-
948
-
regional
2 927
-
2 861
-
health
202
-
198
-
pensions
7 511
-
7 407
-
unemployment
-
-
-
-
national
423
-
413
-
total
12 022
-
11 827
-
Employer
89 401
-
88 162
-
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.

1 787
-
1 764
-
unemployment
-
-
-
-
pensions
7 511
-
7 407
-
health
202
-
198
-
total
9 500
-
9 369
-
Corporate
-
98 500
-
-
regional
-
20 833
-
-
national
-
8 372
-
-
total
-
29 205
-
-
Dividends
-
69 294
-
-
withholding
-
24 253
-
-
total
-
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 522
53 458
21 196
16 240
After tax
76 978
45 042
77 304
82 260
Living cost
76 394
76 394
76 394
76 394
Free-cash
584
-31 352
910
5 866

Estimated living cost  is ₽76394 per week

₽49678
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽938
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18922
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽2780
₽19067
₽15466
₽24349
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 883
income

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

-
-
-
20 165
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.

-
-
-
6 862
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.

-
-
-
1 109
total
-
-
-
37 019
Employee

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

60 367
-
98 500
-
health

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

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

6 862
-
6 862
-
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.

391
-
1 109
-
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.

7 099
-
20 165
-
total
14 352
-
28 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 133
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.

315
812
-
-
income
5 720
14 775
-
-
trade
6 540
16 893
-
-
chamber of commerce
206
292
-
-
total
12 781
32 772
-
-
Dividends
25 352
65 729
-
-
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.

328
883
-
-
withholding
5 957
16 050
-
-
total
6 285
16 933
-
-
Income
98 500
98 500
98 500
98 500
Total tax
33 418
49 705
28 136
37 019
After tax
65 082
48 795
70 364
61 481
Living cost
46 015
46 015
46 015
46 015
Free-cash
19 067
2 780
24 349
15 466

Estimated living cost  is ₽46015 per week

₽33608
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3681
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15279
₽21212
₽22409
₽21433
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 105
pensions
-
-
-
25 040
other
-
-
-
3 058
health
-
-
-
1 716
surtax
-
-
-
-
social contributions
-
-
-
2 806
total
-
-
-
41 725
Employee
42 990
-
75 058
-
social contributions
1 226
-
2 137
-
surtax
-
-
-
-
income
2 537
-
8 634
-
pensions
4 861
-
8 490
-
total
8 624
-
19 261
-
Employer
42 990
-
75 058
-
other
1 483
-
2 589
-
social contributions
130
-
225
-
unemployment
1 740
-
3 040
-
pensions
7 062
-
12 333
-
health
3 010
-
5 253
-
total
13 425
-
23 440
-
Corporate
42 085
98 500
-
-
surtax
-
-
-
-
income
11 784
27 580
-
-
total
11 784
27 580
-
-
Dividends
30 301
70 920
-
-
surtax
-
-
-
-
social contributions
5 210
12 198
-
-
withholding
3 879
9 077
-
-
total
9 089
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 922
48 855
42 701
41 725
After tax
55 578
49 645
55 799
56 775
Living cost
34 366
34 366
34 366
34 366
Free-cash
21 212
15 279
21 433
22 409

Estimated living cost  is ₽34366 per week

₽21669
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.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18684
₽24262
₽25814
₽24838
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 105
pensions
-
-
-
25 040
other
-
-
-
3 058
health
-
-
-
1 716
surtax
-
-
-
-
social contributions
-
-
-
2 806
total
-
-
-
41 725
Employee
38 374
-
75 058
-
social contributions
1 094
-
2 137
-
surtax
-
-
-
-
income
1 979
-
8 634
-
pensions
4 340
-
8 490
-
total
7 413
-
19 261
-
Employer
38 374
-
75 058
-
other
1 325
-
2 589
-
social contributions
114
-
225
-
unemployment
1 554
-
3 040
-
pensions
6 306
-
12 333
-
health
2 686
-
5 253
-
total
11 985
-
23 440
-
Corporate
48 141
98 500
-
-
surtax
-
-
-
-
income
13 480
27 580
-
-
total
13 480
27 580
-
-
Dividends
34 661
70 920
-
-
surtax
-
-
-
-
social contributions
5 963
12 198
-
-
withholding
4 436
9 077
-
-
total
10 399
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 277
48 855
42 701
41 725
After tax
55 223
49 645
55 799
56 775
Living cost
30 961
30 961
30 961
30 961
Free-cash
24 262
18 684
24 838
25 814

Estimated living cost  is ₽30961 per week

₽17956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3145
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽587
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9274
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38794
₽39315
₽41956
₽42229
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
14 775
health
-
-
-
6 876
social contributions
-
-
-
13 593
total
-
-
-
35 244
Employee
34 058
-
98 500
-
social contributions
4 701
-
13 593
-
health
2 377
-
6 876
-
income
5 680
-
14 502
-
total
12 758
-
34 971
-
Employer
34 058
-
98 500
-
total
-
-
-
-
Corporate
64 442
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%.

3 221
4 926
-
-
total
3 221
4 926
-
-
Dividends
61 221
93 574
-
-
health
4 274
6 531
-
-
social contributions
8 448
12 912
-
-
withholding
9 184
14 037
-
-
total
21 906
33 480
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 885
38 406
34 971
35 244
After tax
60 615
60 094
63 529
63 256
Living cost
21 300
21 300
21 300
21 300
Free-cash
39 315
38 794
42 229
41 956

Estimated living cost  is ₽21300 per week

₽14254
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1313
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19855
₽18301
₽14639
-₽5258
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
395
income
-
-
-
15 955
pensions
-
-
-
18 223
unemployment
-
-
-
6 161
health
-
-
-
7 535
surtax
-
-
-
198
total
-
-
-
48 467
Employee
50 199
40 030
76 333
-
other
501
400
762
-
health
1 942
1 550
2 955
-
income
5 715
2 953
14 245
-
pensions
5 141
4 098
7 817
-
unemployment
1 506
1 201
2 289
-
total
14 805
10 202
28 068
-
Employer
50 199
40 030
76 333
-
accident
652
520
993
-
other
2 385
1 900
3 626
-
chamber of commerce
200
160
305
-
unemployment
1 506
1 201
2 289
-
surtax
198
198
198
-
pensions
6 300
5 025
9 580
-
payroll
1 506
1 201
2 289
-
health
1 897
1 514
2 886
-
total
14 644
11 719
22 166
-
Corporate
33 658
46 751
72 521
-
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.

8 414
11 689
18 130
-
total
8 414
11 689
18 130
-
Dividends
25 244
35 063
-
-
withholding
6 942
9 641
-
-
total
6 942
9 641
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 805
43 251
68 364
48 467
After tax
53 695
55 249
30 136
50 033
Living cost
35 394
35 394
35 394
35 394
Free-cash
18 301
19 855
-5 258
14 639

Estimated living cost  is ₽35394 per week

₽23606
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3019
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18625
₽3559
₽9878
₽1893
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
national
-
-
-
31 743
communal

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

-
-
-
4 994
social contributions
-
-
-
15 261
total
-
-
-
51 998
Employee

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

71 850
-
76 293
-
communal

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

3 748
-
3 980
-
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.

3 376
-
3 586
-
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.

5 389
-
5 722
-
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.

625
-
663
-
national
22 090
-
23 826
-
total
35 228
-
37 777
-
Employer

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

71 850
-
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.

934
-
991
-
unemployment

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

1 048
-
1 113
-
surtax
8 147
-
8 650
-
pensions

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

6 367
-
6 759
-
health

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

4 419
-
4 693
-
total
20 915
-
22 206
-
Corporate
5 735
98 500
-
-
surtax
23
395
-
-
income
1 148
19 700
-
-
total
1 171
20 095
-
-
Dividends
4 565
78 405
-
-
withholding

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

1 003
23 156
-
-
total
1 003
23 156
-
-
Income
98 500
98 500
98 500
98 500
Total tax
58 317
43 251
59 983
51 998
After tax
40 183
55 249
38 517
46 502
Living cost
36 624
36 624
36 624
36 624
Free-cash
3 559
18 625
1 893
9 878

Estimated living cost  is ₽36624 per week

₽23591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3202
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9258
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30095
₽22094
₽16376
₽15986
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
839
income
-
-
-
17 917
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 848
Employee
50 000
-
74 690
-
other
50
-
74
-
income
10 550
-
17 686
-
pensions
2 350
-
3 511
-
unemployment
776
-
1 157
-
total
13 726
-
22 428
-
Employer
50 000
-
74 690
-
accident
989
-
1 479
-
other
398
-
597
-
unemployment
2 751
-
4 108
-
pensions
11 799
-
17 626
-
total
15 937
-
23 810
-
Corporate
32 562
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.

4 884
14 775
-
-
total
4 884
14 775
-
-
Dividends
27 679
83 725
-
-
withholding
5 583
17 354
-
-
total
5 583
17 354
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 130
32 129
46 238
45 848
After tax
58 370
66 371
52 262
52 652
Living cost
36 276
36 276
36 276
36 276
Free-cash
22 094
30 095
15 986
16 376

Estimated living cost  is ₽36276 per week

₽26713
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2573
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6466
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5758
-₽986
₽2038
₽6524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
831
income
-
-
-
8 250
pensions
-
-
-
14 763
health
-
-
-
6 921
surtax
-
-
-
4 884
communal
-
-
-
6 226
total
-
-
-
41 875
Employee
76 068
-
87 987
-
health
3 385
-
3 913
-
surtax
4 662
-
5 393
-
income
7 347
-
10 532
-
pensions
6 085
-
7 039
-
total
21 479
-
26 877
-
Employer
76 068
-
87 987
-
accident
684
-
791
-
pensions
6 085
-
7 039
-
health
2 320
-
2 682
-
total
9 089
-
10 512
-
Corporate
13 344
98 500
-
-
surtax
141
1 035
-
-
communal
-
6 649
-
-
income
2 001
14 775
-
-
total
2 142
22 459
-
-
Dividends
11 201
76 041
-
-
income
10 510
4 289
-
-
withholding
1 679
11 407
-
-
total
12 189
15 696
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 899
38 155
37 389
41 875
After tax
53 601
60 345
61 111
56 625
Living cost
54 587
54 587
54 587
54 587
Free-cash
-986
5 758
6 524
2 038

Estimated living cost  is ₽54587 per week

₽40948
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3307
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39395
₽36201
₽28312
₽26408
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 478
pensions
-
-
-
19 700
other
-
-
-
-
unemployment
-
-
-
229
health
-
-
-
6 994
surtax
-
-
-
2 225
total
-
-
-
47 626
Employee
33 827
-
81 371
-
other
-
-
-
-
health
863
-
2 076
-
surtax
120
-
2 005
-
income
5 671
-
17 230
-
pensions
2 257
-
5 427
-
unemployment
2 354
-
5 663
-
total
11 265
-
32 401
-
Employer
33 827
-
81 371
-
other
-
-
-
-
unemployment
1 073
-
2 579
-
pensions
4 510
-
10 846
-
health
1 538
-
3 704
-
total
7 121
-
17 129
-
Corporate
57 552
98 500
-
-
income
14 963
25 609
-
-
total
14 963
25 609
-
-
Dividends
42 588
72 891
-
-
withholding
6 388
10 934
-
-
total
6 388
10 934
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 737
36 543
49 530
47 626
After tax
58 763
61 957
48 970
50 874
Living cost
22 562
22 562
22 562
22 562
Free-cash
36 201
39 395
26 408
28 312

Estimated living cost  is ₽22562 per week

₽13622
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1961
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24716
₽22488
₽23247
₽18585
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
585
regional
-
-
-
1 486
national
-
-
-
20 789
social contributions
-
-
-
25 335
total
-
-
-
48 195
Employee
55 719
-
98 500
-
social contributions
18 789
-
33 215
-
regional
750
-
1 326
-
municipal
295
-
522
-
national
8 827
-
17 794
-
total
28 661
-
52 857
-
Employer
55 719
-
98 500
-
total
-
-
-
-
Corporate
42 781
98 500
-
-
nationa
10 267
23 640
-
-
municipal
2 125
4 895
-
-
total
12 392
28 535
-
-
Dividends
30 389
69 965
-
-
withholding
7 901
18 191
-
-
total
7 901
18 191
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 954
46 726
52 857
48 195
After tax
49 546
51 774
45 643
50 305
Living cost
27 058
27 058
27 058
27 058
Free-cash
22 488
24 716
18 585
23 247

Estimated living cost  is ₽27058 per week

₽16828
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2741
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7026
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38218
₽27660
₽18376
₽20386
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
8 466
health
-
-
-
13 297
solidarity contribution
-
-
-
-
social contributions
-
-
-
28 762
total
-
-
-
50 525
Employee
43 527
-
73 507
-
social contributions
2 829
-
4 778
-
health
5 876
-
9 923
-
solidarity contribution
-
-
-
-
income
5 223
-
8 821
-
total
13 928
-
23 522
-
Employer
43 527
-
73 507
-
social contributions
10 882
-
18 377
-
health
3 917
-
6 616
-
total
14 799
-
24 993
-
Corporate
40 173
98 500
-
-
income
7 633
18 715
-
-
total
7 633
18 715
-
-
Dividends
32 540
79 785
-
-
withholding
4 881
11 968
-
-
total
4 881
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
41 241
30 683
48 515
50 525
After tax
57 259
67 817
49 985
47 975
Living cost
29 599
29 599
29 599
29 599
Free-cash
27 660
38 218
20 386
18 376

Estimated living cost  is ₽29599 per week

₽22011
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1640
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.
₽5435
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23310
₽22814
₽18185
-₽1875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
395
income
-
-
-
15 955
pensions
-
-
-
18 223
unemployment
-
-
-
6 161
health
-
-
-
7 535
surtax
-
-
-
-
total
-
-
-
48 269
Employee
43 908
40 030
76 484
-
other
438
400
764
-
health
1 698
1 550
2 960
-
income
3 911
2 953
14 296
-
pensions
4 497
4 098
7 832
-
unemployment
1 317
1 201
2 295
-
total
11 861
10 202
28 147
-
Employer
43 908
40 030
76 484
-
accident
570
520
995
-
other
2 085
1 900
3 633
-
chamber of commerce
175
160
305
-
unemployment
1 317
1 201
2 295
-
surtax
-
-
-
-
pensions
5 511
5 025
9 599
-
payroll
1 317
1 201
2 295
-
health
1 660
1 514
2 892
-
total
12 635
11 521
22 014
-
Corporate
41 956
46 949
72 673
-
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.

10 490
11 738
18 168
-
total
10 490
11 738
18 168
-
Dividends
31 466
35 211
-
-
withholding
8 654
9 683
-
-
total
8 654
9 683
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 640
43 144
68 329
48 269
After tax
54 860
55 356
30 171
50 231
Living cost
32 046
32 046
32 046
32 046
Free-cash
22 814
23 310
-1 875
18 185

Estimated living cost  is ₽32046 per week

₽19224
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3273
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8978
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽79395
₽76736
₽83335
₽64620
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 726
-
98 500
-
income
3 545
-
19 700
-
total
3 545
-
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%.

80 774
98 500
-
-
total
-
-
-
-
Dividends
80 774
98 500
-
-
withholding
4 039
4 925
-
-
total
4 039
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 584
4 925
19 700
985
After tax
90 916
93 575
78 800
97 515
Living cost
14 180
14 180
14 180
14 180
Free-cash
76 736
79 395
64 620
83 335

Estimated living cost  is ₽14180 per week

₽9596
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽595
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.
₽3513
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40876
₽32474
₽24104
₽21281
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

A sole-trader pays social contribution from 75% of the assessed income made in the last year.

The minimum monthly assessed income used to calculate contributions is 60% of the insured's average monthly wage in the last year.

The maximum assessed income used to calculate contributions is 3.5 times the insured's average monthly wage in the last year.

-
-
-
98 500
income
-
-
-
19 623
pensions
-
-
-
17 989
unemployment
-
-
-
149
health
-
-
-
9 693
total
-
-
-
47 454
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.

44 418
-
85 229
-
health
2 869
-
5 507
-
income
7 660
-
18 169
-
pensions
6 885
-
13 210
-
unemployment
63
-
120
-
total
17 477
-
37 006
-
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.

44 418
-
85 229
-
unemployment
27
-
51
-
pensions
3 931
-
7 543
-
health
2 958
-
5 677
-
total
6 916
-
13 271
-
Corporate
47 166
98 500
-
-
income
8 961
18 715
-
-
total
8 961
18 715
-
-
Dividends
38 206
79 785
-
-
withholding
5 730
11 967
-
-
total
5 730
11 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 084
30 682
50 277
47 454
After tax
59 416
67 818
48 223
51 046
Living cost
26 942
26 942
26 942
26 942
Free-cash
32 474
40 876
21 281
24 104

Estimated living cost  is ₽26942 per week

₽18490
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16365
-₽52034
₽24509
₽41656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
19 200
social contributions
-
-
-
11 229
total
-
-
-
30 429
Employee
62 462
-
-
-
social contributions
5 122
-
730
-
income
13 778
-
-
-
total
18 900
-
730
-
Employer
62 462
-
-
-
social contributions
88 072
-
12 552
-
total
88 072
-
12 552
-
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
106 972
38 573
13 282
30 429
After tax
-8 472
59 927
85 218
68 071
Living cost
43 562
43 562
43 562
43 562
Free-cash
-52 034
16 365
41 656
24 509

Estimated living cost  is ₽43562 per week

₽28265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4097
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10645
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24519
₽23509
₽23669
₽18809
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income
-
-
-
9 095
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
total
-
-
-
43 324
Employee
46 198
-
79 596
-
social contributions
5 082
-
8 755
-
surtax
-
-
-
-
income
9 609
-
20 525
-
total
14 691
-
29 280
-
Employer
46 198
-
79 596
-
social contributions
10 972
-
18 904
-
total
10 972
-
18 904
-
Corporate
41 330
98 500
-
-
surtax
-
-
-
-
income
8 679
20 686
-
-
total
8 679
20 686
-
-
Dividends
32 651
77 814
-
-
withholding
9 142
21 788
-
-
total
9 142
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 484
42 474
48 184
43 324
After tax
55 016
56 026
50 316
55 176
Living cost
31 507
31 507
31 507
31 507
Free-cash
23 509
24 519
18 809
23 669

Estimated living cost  is ₽31507 per week

₽23574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1859
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.
₽5549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1130
₽8032
₽8260
₽7284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 105
pensions
-
-
-
25 040
other
-
-
-
3 058
health
-
-
-
1 716
surtax
-
-
-
-
social contributions
-
-
-
2 806
total
-
-
-
41 725
Employee
62 912
-
75 058
-
social contributions
1 792
-
2 137
-
surtax
-
-
-
-
income
5 489
-
8 634
-
pensions
7 116
-
8 490
-
total
14 397
-
19 261
-
Employer
62 912
-
75 058
-
other
2 171
-
2 589
-
social contributions
189
-
225
-
unemployment
2 549
-
3 040
-
pensions
10 337
-
12 333
-
health
4 403
-
5 253
-
total
19 649
-
23 440
-
Corporate
15 939
98 500
-
-
surtax
-
-
-
-
income
4 462
27 580
-
-
total
4 462
27 580
-
-
Dividends
11 477
70 920
-
-
surtax
-
-
-
-
social contributions
1 975
12 198
-
-
withholding
1 470
9 077
-
-
total
3 445
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
41 953
48 855
42 701
41 725
After tax
56 547
49 645
55 799
56 775
Living cost
48 515
48 515
48 515
48 515
Free-cash
8 032
1 130
7 284
8 260

Estimated living cost  is ₽48515 per week

₽32834
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3969
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽665
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58457
₽55080
₽45053
₽47670
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 584
social contributions
-
-
-
21 669
total
-
-
-
23 253
Employee
32 293
-
85 281
-
income
-
-
1 874
-
social contributions
2 099
-
5 543
-
total
2 099
-
7 417
-
Employer
32 293
-
85 281
-
social contributions
5 006
-
13 219
-
total
5 006
-
13 219
-
Corporate
61 202
98 500
-
-
income
6 121
9 849
-
-
total
6 121
9 849
-
-
Dividends
55 081
88 651
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
13 226
9 849
20 636
23 253
After tax
85 274
88 651
77 864
75 247
Living cost
30 194
30 194
30 194
30 194
Free-cash
55 080
58 457
47 670
45 053

Estimated living cost  is ₽30194 per week

₽19523
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2276
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.
₽7827
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽120345
-₽120345
₽12839
-₽120345
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
18 189
pensions
-
-
-
871
national
-
-
-
10 417
labour market
-
-
-
7 810
total
-
-
-
37 287
Employee
204 175
204 175
204 175
-
labour market
16 311
16 311
16 311
-
national
24 944
24 944
24 944
-
municipal
43 478
43 478
43 478
-
pensions
290
290
290
-
total
85 023
85 023
85 023
-
Employer
204 175
204 175
204 175
-
labour market
16 334
16 334
16 334
-
municipal
43 547
43 547
43 547
-
pensions
580
580
580
-
national
24 987
24 987
24 987
-
total
85 448
85 448
85 448
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
170 471
170 471
170 471
37 287
After tax
-71 971
-71 971
-71 971
61 213
Living cost
48 374
48 374
48 374
48 374
Free-cash
-120 345
-120 345
-120 345
12 839

Estimated living cost  is ₽48374 per week

₽33108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4279
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10243
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13741
₽4648
₽45898
₽29044
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
253
income
-
-
-
23 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 883
Employee
34 165
-
84 000
-
health
3 912
-
9 618
-
income
4 687
-
15 974
-
pensions
3 847
-
7 645
-
total
12 446
-
33 237
-
Employer
34 165
-
84 000
-
accident
570
-
1 403
-
unemployment
837
-
2 058
-
pensions
5 555
-
11 039
-
total
6 962
-
14 500
-
Corporate
57 372
98 500
-
-
income

From 1 January 2017, a lowered corporate income tax rate of 9% was introduced for so-called 'small taxpayers' - entities with turnover not exceeding the equivalent of €1.2 million and for taxpayers starting business activity, during their previous tax year.

51 635
88 650
-
-
total
51 635
88 650
-
-
Dividends
5 737
9 850
-
-
withholding
1 090
1 872
-
-
total
1 090
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 133
90 522
47 737
30 883
After tax
26 367
7 978
50 763
67 617
Living cost
21 719
21 719
21 719
21 719
Free-cash
4 648
-13 741
29 044
45 898

Estimated living cost  is ₽21719 per week

₽15809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1238
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4264
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27078
₽24691
₽31597
₽17783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 533
health
-
-
-
1 098
national
-
-
-
9 708
total
-
-
-
28 339
Employee
52 847
-
82 864
-
health
395
-
858
-
municipal
8 656
-
13 530
-
pensions
3 566
-
5 593
-
unemployment
793
-
1 243
-
national
873
-
5 293
-
total
14 283
-
26 517
-
Employer
52 847
-
82 864
-
accident
53
-
82
-
unemployment
343
-
539
-
pensions
9 169
-
14 376
-
health
406
-
639
-
total
9 971
-
15 636
-
Corporate
35 682
98 500
-
-
income
7 137
19 700
-
-
total
7 137
19 700
-
-
Dividends

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

21 409
59 100
-
-
national
-
2 520
-
-
municipal
3 854
10 638
-
-
total
3 854
13 158
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 245
32 858
42 153
28 339
After tax
63 255
65 642
56 347
70 161
Living cost
38 564
38 564
38 564
38 564
Free-cash
24 691
27 078
17 783
31 597

Estimated living cost  is ₽38564 per week

₽25190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3709
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽614
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48858
₽43390
₽46884
₽46784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
10 482
health
-
-
-
2 512
social contributions
-
-
-
15 366
total
-
-
-
28 360
Employee
77 239
77 239
89 423
-
social contributions
2 920
6 410
7 423
-
health
599
1 313
1 521
-
income
8 410
7 150
10 438
-
total
11 929
14 873
19 382
-
Employer
77 239
77 239
89 423
-
social contributions
2 920
6 410
7 423
-
health
650
1 430
1 655
-
total
3 570
7 840
9 078
-
Corporate
59 745
13 421
-
-
income
7 468
1 677
-
-
total
7 468
1 677
-
-
Dividends
52 276
11 743
-
-
withholding
8 887
1 996
-
-
total
8 887
1 996
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 854
26 386
28 460
28 360
After tax
66 646
72 114
70 040
70 140
Living cost
23 256
23 256
23 256
23 256
Free-cash
43 390
48 858
46 784
46 884

Estimated living cost  is ₽23256 per week

₽13938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2282
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6523
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65619
₽60510
₽63124
₽44814
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

By law (Article 9 §1 (7); Article 10 §1 (7); Article 11 §1 (5)) a social contribution base is set as:

  • up to €9,000.00, 60% of the average monthly wage in Montenegro
  • up to €15,000.00, 100% of the average monthly wage in Montenegro
  • in excess of €15,000, 150% of the average monthly wage in Montenegro
-
-
-
98 500
income
-
-
-
9 375
pensions
-
-
-
6 389
unemployment
-
-
-
29
health
-
-
-
3 635
total
-
-
-
19 428
Employee

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

23 056
-
89 301
-
health
1 960
-
7 590
-
income
1 576
-
7 110
-
pensions
3 458
-
13 395
-
unemployment
114
-
446
-
total
7 108
-
28 541
-
Employer

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

23 056
-
89 301
-
unemployment
114
-
446
-
pensions
1 268
-
4 912
-
health
991
-
3 839
-
total
2 373
-
9 197
-
Corporate
73 071
98 500
-
-
income
6 576
8 866
-
-
total
6 576
8 866
-
-
Dividends
66 494
89 634
-
-
withholding
5 985
8 067
-
-
total
5 985
8 067
-
-
Income
98 500
98 500
98 500
98 500
Total tax
22 042
16 933
37 738
19 428
After tax
76 458
81 567
60 762
79 072
Living cost
15 948
15 948
15 948
15 948
Free-cash
60 510
65 619
44 814
63 124

Estimated living cost  is ₽15948 per week

₽10175
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4148
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38749
₽33480
₽25030
₽24640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
839
income
-
-
-
17 917
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 848
Employee
37 141
-
74 690
-
other
36
-
74
-
income
7 161
-
17 686
-
pensions
1 746
-
3 511
-
unemployment
576
-
1 157
-
total
9 519
-
22 428
-
Employer
37 141
-
74 690
-
accident
736
-
1 479
-
other
297
-
597
-
unemployment
2 043
-
4 108
-
pensions
8 765
-
17 626
-
total
11 841
-
23 810
-
Corporate
49 518
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.

7 428
14 775
-
-
total
7 428
14 775
-
-
Dividends
42 089
83 725
-
-
withholding
8 610
17 354
-
-
total
8 610
17 354
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 398
32 129
46 238
45 848
After tax
61 102
66 371
52 262
52 652
Living cost
27 622
27 622
27 622
27 622
Free-cash
33 480
38 749
24 640
25 030

Estimated living cost  is ₽27622 per week

₽18644
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2655
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58714
₽58263
₽59660
₽59464
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
32 629
pensions
-
-
-
2 006
health
-
-
-
1 455
total
-
-
-
36 090
Employee
4 189
-
96 243
-
health
209
-
502
-
income
810
-
32 524
-
pensions
377
-
903
-
unemployment
42
-
100
-
total
1 438
-
34 029
-
Employer
4 189
-
96 243
-
unemployment
84
-
201
-
pensions
461
-
1 103
-
health
398
-
953
-
total
943
-
2 257
-
Corporate
93 368
98 500
-
-
income
20 541
21 670
-
-
total
20 541
21 670
-
-
Dividends
72 827
76 830
-
-
withholding
14 565
15 366
-
-
total
14 565
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 487
37 036
36 286
36 090
After tax
61 013
61 464
62 214
62 410
Living cost
2 750
2 750
2 750
2 750
Free-cash
58 263
58 714
59 464
59 660

Estimated living cost  is ₽2750 per week

₽1635
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽53796
₽48856
₽34507
₽34505
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 500
income
-
-
-
18 566
pensions
-
-
-
19 299
unemployment
-
-
-
1 113
health
-
-
-
7 645
total
-
-
-
46 623
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.

26 193
-
85 213
-
health
1 349
-
3 823
-
income
3 610
-
18 566
-
pensions
3 667
-
10 392
-
unemployment
196
-
557
-
total
8 822
-
33 338
-
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.

26 193
-
85 213
-
unemployment
196
-
557
-
pensions
3 143
-
8 907
-
health
1 349
-
3 823
-
total
4 688
-
13 287
-
Corporate
67 619
98 500
-
-
income
10 143
14 775
-
-
total
10 143
14 775
-
-
Dividends
57 476
83 725
-
-
withholding
8 621
12 559
-
-
total
8 621
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 274
27 334
46 625
46 623
After tax
66 226
71 166
51 875
51 877
Living cost
17 370
17 370
17 370
17 370
Free-cash
48 856
53 796
34 505
34 507

Estimated living cost  is ₽17370 per week

₽11695
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1344
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.
₽3828
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28946
₽28584
₽28096
₽23236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income
-
-
-
9 095
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
total
-
-
-
43 324
Employee
38 986
-
79 596
-
social contributions
4 289
-
8 755
-
surtax
-
-
-
-
income
7 618
-
20 525
-
total
11 907
-
29 280
-
Employer
38 986
-
79 596
-
social contributions
9 258
-
18 904
-
total
9 258
-
18 904
-
Corporate
50 256
98 500
-
-
surtax
-
-
-
-
income
10 554
20 686
-
-
total
10 554
20 686
-
-
Dividends
39 701
77 814
-
-
withholding
11 117
21 788
-
-
total
11 117
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 836
42 474
48 184
43 324
After tax
55 664
56 026
50 316
55 176
Living cost
27 080
27 080
27 080
27 080
Free-cash
28 584
28 946
23 236
28 096

Estimated living cost  is ₽27080 per week

₽19180
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1881
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5539
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31069
₽23407
₽17350
₽16960
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
839
income
-
-
-
17 917
pensions
-
-
-
26 347
other
-
-
-
93
unemployment
-
-
-
652
total
-
-
-
45 848
Employee
48 511
-
74 690
-
other
48
-
74
-
income
10 132
-
17 686
-
pensions
2 280
-
3 511
-
unemployment
751
-
1 157
-
total
13 211
-
22 428
-
Employer
48 511
-
74 690
-
accident
961
-
1 479
-
other
389
-
597
-
unemployment
2 669
-
4 108
-
pensions
11 448
-
17 626
-
total
15 467
-
23 810
-
Corporate
34 522
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.

5 179
14 775
-
-
total
5 179
14 775
-
-
Dividends
29 343
83 725
-
-
withholding
5 934
17 354
-
-
total
5 934
17 354
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 791
32 129
46 238
45 848
After tax
58 709
66 371
52 262
52 652
Living cost
35 302
35 302
35 302
35 302
Free-cash
23 407
31 069
16 960
17 350

Estimated living cost  is ₽35302 per week

₽25352
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66941
₽60823
₽57083
₽60099
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
14 775
pensions

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

-
-
-
5 192
unemployment
-
-
-
140
health
-
-
-
4 034
total
-
-
-
24 141
Employee
22 876
-
91 617
-
health
1 052
-
1 614
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
income
2 288
-
9 162
-
pensions

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

2 008
-
3 080
-
total
5 599
-
14 242
-
Employer
22 876
-
91 617
-
accident

We are using the highest rate at 1.1%.

251
-
386
-
unemployment
137
-
210
-
pensions

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

2 521
-
3 866
-
health
1 579
-
2 421
-
total
4 488
-
6 883
-
Corporate
71 135
98 500
-
-
income
7 113
9 850
-
-
total
7 113
9 850
-
-
Dividends
64 022
88 650
-
-
withholding
3 201
4 433
-
-
total
3 201
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
20 401
14 283
21 125
24 141
After tax
78 099
84 217
77 375
74 359
Living cost
17 276
17 276
17 276
17 276
Free-cash
60 823
66 941
60 099
57 083

Estimated living cost  is ₽17276 per week

₽11426
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽989
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽412
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4449
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12043
₽25182
₽24150
₽31584
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 434
income

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

-
-
-
20 165
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.

-
-
-
6 862
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.

-
-
-
1 109
total
-
-
-
35 570
Employee

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

49 979
-
98 500
-
health

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

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

6 862
-
6 862
-
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.

227
-
1 109
-
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.

4 110
-
20 165
-
total
11 199
-
28 136
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 521
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.

400
812
-
-
income
7 278
14 775
-
-
trade
6 963
14 134
-
-
chamber of commerce
223
297
-
-
total
14 864
30 018
-
-
Dividends
33 657
68 482
-
-
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.

442
921
-
-
withholding
8 033
16 738
-
-
total
8 475
17 659
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 538
47 677
28 136
35 570
After tax
63 962
50 823
70 364
62 930
Living cost
38 780
38 780
38 780
38 780
Free-cash
25 182
12 043
31 584
24 150

Estimated living cost  is ₽38780 per week

₽26751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4173
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11731
₽13950
₽9764
₽9764
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
22 798
social contributions
-
-
-
8 719
total
-
-
-
31 517
Employee
78 572
-
98 500
-
income
14 826
-
22 798
-
social contributions
6 528
-
8 719
-
total
21 354
-
31 517
-
Employer
78 572
-
98 500
-
total
-
-
-
-
Corporate
19 928
98 500
-
-
income
2 491
12 312
-
-
total
2 491
12 312
-
-
Dividends
17 437
86 188
-
-
withholding
3 486
17 238
-
-
total
3 486
17 238
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 331
29 550
31 517
31 517
After tax
71 169
68 950
66 983
66 983
Living cost
57 219
57 219
57 219
57 219
Free-cash
13 950
11 731
9 764
9 764

Estimated living cost  is ₽57219 per week

₽43531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4662
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽22255
₽26412
₽26713
₽35845
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 500
income
-
-
-
28 593
health

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

-
-
-
6 731
total
-
-
-
35 324
Employee
46 079
-
93 879
-
income
5 000
-
16 950
-
social contributions
4 617
-
4 621
-
total
9 617
-
21 571
-
Employer
46 079
-
93 879
-
social contributions
4 617
-
4 621
-
total
4 617
-
4 621
-
Corporate
47 804
98 500
-
-
income
16 730
34 475
-
-
total
16 730
34 475
-
-
Dividends
31 074
64 025
-
-
social contributions
4 661
5 307
-
-
total
4 661
5 307
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 625
39 782
26 192
35 324
After tax
62 875
58 718
72 308
63 176
Living cost
36 463
36 463
36 463
36 463
Free-cash
26 412
22 255
35 845
26 713

Estimated living cost  is ₽36463 per week

₽24018
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2875
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.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35647
₽30878
₽34093
₽24494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
19 955
pensions
-
-
-
7 189
total
-
-
-
27 144
Employee
51 149
-
86 770
-
health
667
-
1 396
-
income
9 315
-
15 439
-
pensions
3 904
-
8 179
-
total
13 886
-
25 014
-
Employer
51 149
-
86 770
-
pensions
5 168
-
10 081
-
health
972
-
1 648
-
total
6 140
-
11 729
-
Corporate
41 211
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.

7 830
18 716
-
-
total
7 830
18 716
-
-
Dividends
33 381
79 784
-
-
withholding
2 503
6 874
-
-
total
2 503
6 874
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 359
25 590
36 743
27 144
After tax
68 141
72 910
61 757
71 356
Living cost
37 263
37 263
37 263
37 263
Free-cash
30 878
35 647
24 494
34 093

Estimated living cost  is ₽37263 per week

₽25562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3427
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽466
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15891
₽4317
₽43748
₽26894
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
accident
-
-
-
253
income
-
-
-
23 905
pensions
-
-
-
4 169
other
-
-
-
371
health
-
-
-
2 185
total
-
-
-
30 883
Employee
37 547
-
84 000
-
health
4 299
-
9 618
-
income
5 151
-
15 974
-
pensions
4 228
-
7 645
-
total
13 678
-
33 237
-
Employer
37 547
-
84 000
-
accident
627
-
1 403
-
unemployment
920
-
2 058
-
pensions
6 105
-
11 039
-
total
7 652
-
14 500
-
Corporate
53 302
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.

47 971
88 650
-
-
total
47 971
88 650
-
-
Dividends
5 330
9 850
-
-
withholding
1 013
1 872
-
-
total
1 013
1 872
-
-
Income
98 500
98 500
98 500
98 500
Total tax
70 314
90 522
47 737
30 883
After tax
28 186
7 978
50 763
67 617
Living cost
23 869
23 869
23 869
23 869
Free-cash
4 317
-15 891
26 894
43 748

Estimated living cost  is ₽23869 per week

₽17517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1391
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4480
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽69322
₽65275
₽42793
₽47794
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
work injury
-
-
-
492
health insurance
-
-
-
7 289
income
-
-
-
15 054
pensions
-
-
-
18 124
unemployment
-
-
-
1 182
total
-
-
-
42 141
Employee

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

21 706
-
98 500
-
work injury
109
-
402
-
income
2 171
-
15 054
-
pensions
3 994
-
14 777
-
health insurance
1 606
-
5 943
-
unemployment
260
-
964
-
total
8 140
-
37 140
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
76 794
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
76 794
97 515
-
-
withholding
11 519
14 627
-
-
total
11 519
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 659
15 612
37 140
42 141
After tax
78 841
82 888
61 360
56 359
Living cost
13 566
13 566
13 566
13 566
Free-cash
65 275
69 322
47 794
42 793

Estimated living cost  is ₽13566 per week

₽8404
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽986
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽423
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
₽11867
₽7299
₽9753
₽5248
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
municipal
-
-
-
658
regional
-
-
-
1 949
national
-
-
-
20 789
social contributions
-
-
-
25 335
total
-
-
-
48 731
Employee
84 643
-
98 500
-
social contributions
28 541
-
33 215
-
regional
1 278
-
1 640
-
municipal
505
-
587
-
national
14 304
-
17 794
-
total
44 628
-
53 236
-
Employer
84 643
-
98 500
-
total
-
-
-
-
Corporate
13 857
98 500
-
-
nationa
3 326
23 640
-
-
municipal
667
4 748
-
-
total
3 993
28 388
-
-
Dividends
9 864
70 111
-
-
withholding
2 564
18 229
-
-
total
2 564
18 229
-
-
Income
98 500
98 500
98 500
98 500
Total tax
51 185
46 617
53 236
48 731
After tax
47 315
51 883
45 264
49 769
Living cost
40 016
40 016
40 016
40 016
Free-cash
7 299
11 867
5 248
9 753

Estimated living cost  is ₽40016 per week

₽28108
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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