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
₽21370
₽41101
₽32458
₽31751
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income

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

-
-
-
21 392
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.

-
-
-
1 177
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.

-
-
-
6 410
trade
-
-
-
8 643
total
-
-
-
37 622
Employee

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

35 888
-
98 500
-
surtax

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

55
-
1 177
-
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.

1 002
-
21 392
-
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.

6 410
-
6 410
-
total
7 467
-
28 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
62 612
98 500
-
-
income
9 391
14 775
-
-
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.

516
812
-
-
chamber of commerce
233
283
-
-
trade
9 861
15 514
-
-
total
20 001
31 384
-
-
Dividends
42 610
67 115
-
-
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.

566
903
-
-
withholding
10 295
16 423
-
-
total
10 861
17 326
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 329
48 710
28 979
37 622
After tax
60 171
49 790
69 521
60 878
Living cost
28 420
28 420
28 420
28 420
Free-cash
31 751
21 370
41 101
32 458

Estimated living cost  is ₽28420 per week

₽17877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6699
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11508
₽10283
₽9509
₽10678
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
1 059
municipal
-
-
-
10 259
national
-
-
-
15 897
pensions
-
-
-
11 820
total
-
-
-
39 035
Employee
77 442
-
85 152
-
municipal
9 565
-
10 640
-
pensions
3 098
-
3 406
-
national
14 822
-
16 488
-
total
27 485
-
30 534
-
Employer
77 442
-
85 152
-
pensions
6 195
-
6 812
-
social contributions
832
-
915
-
total
7 027
-
7 727
-
Corporate
8 919
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%.

1 784
19 700
-
-
total
1 784
19 700
-
-
Dividends
7 136
78 800
-
-
withholding
1 570
17 336
-
-
total
1 570
17 336
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 866
37 036
38 261
39 035
After tax
60 634
61 464
60 239
59 465
Living cost
49 956
49 956
49 956
49 956
Free-cash
10 678
11 508
10 283
9 509

Estimated living cost  is ₽49956 per week

₽33955
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4644
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59278
₽35946
₽33008
₽51583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 500
income
-
-
-
14 303
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.

-
-
-
31 668
microenterprise
-
-
-
-
total
-
-
-
45 971
Employee
27 418
-
79 378
-
surtax
-
-
-
-
social contributions

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

3 016
-
8 732
-
income
4 881
-
15 179
-
total
7 897
-
23 911
-
Employer
27 418
-
79 378
-
social contributions

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

6 604
-
19 122
-
surtax
-
-
-
-
total
6 604
-
19 122
-
Corporate
64 478
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%.

12 895
19 701
-
-
total
12 895
19 701
-
-
Dividends

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

51 583
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 396
19 701
43 033
45 971
After tax
71 104
78 799
55 467
52 529
Living cost
19 521
19 521
19 521
19 521
Free-cash
51 583
59 278
35 946
33 008

Estimated living cost  is ₽19521 per week

₽12454
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.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8463
₽9736
₽16577
₽2714
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
20 115
health
-
-
-
11 508
pensions
-
-
-
10 993
total
-
-
-
42 616
Employee
80 127
80 127
83 822
-
pensions
14 423
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
12 299
10 461
10 671
-
total
39 838
34 570
34 780
-
Employer
80 127
80 127
83 822
-
health
5 570
5 570
5 826
-
pensions
5 577
5 577
5 833
-
unemployment
2 885
2 885
3 018
-
total
14 032
14 032
14 677
-
Corporate
5 324
4 341
-
-
income
1 065
869
-
-
total
1 065
869
-
-
Dividends
4 259
3 472
-
-
income
905
737
-
-
withholding
639
522
-
-
total
1 544
1 259
-
-
Income
98 500
98 500
98 500
98 500
Total tax
56 479
50 730
49 457
42 616
After tax
42 021
47 770
49 043
55 884
Living cost
39 307
39 307
39 307
39 307
Free-cash
2 714
8 463
9 736
16 577

Estimated living cost  is ₽39307 per week

₽27856
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3543
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽625
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16297
₽15117
₽14941
₽15456
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
164
other
-
-
-
9 546
unemployment
-
-
-
82
health
-
-
-
5 126
municipal
-
-
-
22 276
national
-
-
-
-
pensions
-
-
-
8 881
total
-
-
-
46 075
Employee
53 411
-
74 950
-
municipal
15 927
-
22 350
-
national
-
-
-
-
total
15 927
-
22 350
-
Employer
53 411
-
74 950
-
health
3 285
-
4 609
-
pensions
5 774
-
8 102
-
accident
107
-
150
-
unemployment
1 410
-
1 979
-
other
6 206
-
8 709
-
total
16 782
-
23 549
-
Corporate
28 307
98 500
-
-
income
6 227
21 670
-
-
total
6 227
21 670
-
-
Dividends
22 079
76 830
-
-
withholding
6 624
23 049
-
-
total
6 624
23 049
-
-
Income
98 500
98 500
98 500
98 500
Total tax
45 560
44 719
45 899
46 075
After tax
52 940
53 781
52 601
52 425
Living cost
37 484
37 484
37 484
37 484
Free-cash
15 456
16 297
15 117
14 941

Estimated living cost  is ₽37484 per week

₽24843
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8394
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12421
₽32660
₽23632
₽25608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income

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

-
-
-
21 392
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.

-
-
-
1 177
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.

-
-
-
6 410
trade
-
-
-
9 028
total
-
-
-
38 007
Employee

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

47 583
-
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.

224
-
1 177
-
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.

4 088
-
21 392
-
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.

6 410
-
6 410
-
total
10 722
-
28 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
50 917
98 500
-
-
income
7 637
14 775
-
-
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.

420
812
-
-
chamber of commerce
215
283
-
-
trade
8 376
16 204
-
-
total
16 648
32 074
-
-
Dividends
34 268
66 426
-
-
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.

452
894
-
-
withholding
8 210
16 250
-
-
total
8 662
17 144
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 032
49 218
28 979
38 007
After tax
62 468
49 282
69 521
60 493
Living cost
36 860
36 860
36 860
36 860
Free-cash
25 608
12 421
32 660
23 632

Estimated living cost  is ₽36860 per week

₽24653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3887
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41641
₽38705
₽38934
₽37750
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
11 439
social contributions
-
-
-
15 181
health
-
-
-
2 512
total
-
-
-
29 132
Employee
72 151
72 151
89 424
-
social contributions
3 506
5 988
7 422
-
income
7 576
6 679
11 342
-
health
718
1 227
1 521
-
total
11 800
13 894
20 285
-
Employer
72 151
72 151
89 424
-
health
782
1 335
1 654
-
social contributions
3 506
5 988
7 422
-
total
4 288
7 323
9 076
-
Corporate
51 978
19 025
-
-
income
6 497
2 379
-
-
total
6 497
2 379
-
-
Dividends
45 481
16 646
-
-
withholding
7 731
2 829
-
-
total
7 731
2 829
-
-
Income
98 500
98 500
98 500
98 500
Total tax
30 316
26 425
29 361
29 132
After tax
68 184
72 075
69 139
69 368
Living cost
30 434
30 434
30 434
30 434
Free-cash
37 750
41 641
38 705
38 934

Estimated living cost  is ₽30434 per week

₽20805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2377
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.
₽6741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38651
₽40284
₽51418
₽39000
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
12 042
unemployment
-
-
-
1 478
health
-
-
-
6 895
pensions
-
-
-
9 850
total
-
-
-
30 265
Employee

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
82 427
-
unemployment
364
145
1 236
-
pensions
2 428
966
8 243
-
income
2 968
1 181
10 077
-
health
1 699
676
5 770
-
total
7 459
2 968
25 326
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 275
9 661
82 427
-
pensions
4 734
1 884
16 073
-
total
4 734
1 884
16 073
-
Corporate
69 491
86 955
-
-
income
6 254
7 826
-
-
total
6 254
7 826
-
-
Dividends
63 237
79 129
-
-
social contributions
12 221
15 320
-
-
withholding
12 015
15 034
-
-
total
24 236
30 354
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 683
43 032
41 399
30 265
After tax
55 817
55 468
57 101
68 235
Living cost
16 817
16 817
16 817
16 817
Free-cash
39 000
38 651
40 284
51 418

Estimated living cost  is ₽16817 per week

₽11476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1376
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽336
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3629
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽56135
₽34109
₽30131
₽50307
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
13 200
health
-
-
-
12 804
pensions
-
-
-
19 701
total
-
-
-
45 705
Employee
26 618
-
73 616
-
unemployment
426
-
1 177
-
pensions
532
-
1 473
-
income
2 997
-
14 193
-
total
3 955
-
16 843
-
Employer
26 618
-
73 616
-
health
3 460
-
9 571
-
pensions
5 324
-
14 724
-
unemployment
214
-
589
-
total
8 998
-
24 884
-
Corporate
62 884
98 500
-
-
income
12 576
19 701
-
-
total
12 576
19 701
-
-
Dividends
50 308
78 799
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
25 529
19 701
41 727
45 705
After tax
72 971
78 799
56 773
52 795
Living cost
22 664
22 664
22 664
22 664
Free-cash
50 307
56 135
34 109
30 131

Estimated living cost  is ₽22664 per week

₽15545
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5313
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12969
₽30124
₽46636
₽4766
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 916
Employee
32 952
-
84 527
-
pensions
3 710
-
7 264
-
income
4 521
-
16 513
-
health
3 773
-
9 678
-
total
12 004
-
33 455
-
Employer
32 952
-
84 527
-
pensions
5 358
-
10 490
-
accident
550
-
1 412
-
unemployment
807
-
2 071
-
total
6 715
-
13 973
-
Corporate
58 832
98 500
-
-
income

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

52 949
88 650
-
-
total
52 949
88 650
-
-
Dividends
5 883
9 850
-
-
withholding
1 118
1 871
-
-
total
1 118
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
72 786
90 521
47 428
30 916
After tax
25 714
7 979
51 072
67 584
Living cost
20 948
20 948
20 948
20 948
Free-cash
4 766
-12 969
30 124
46 636

Estimated living cost  is ₽20948 per week

₽15353
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1161
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3997
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86014
₽71239
₽89954
₽84596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
9 450
-
98 500
-
income
1 890
-
19 700
-
total
1 890
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

89 050
98 500
-
-
total
-
-
-
-
Dividends
89 050
98 500
-
-
withholding
4 453
4 925
-
-
total
4 453
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
6 343
4 925
19 700
985
After tax
92 157
93 575
78 800
97 515
Living cost
7 561
7 561
7 561
7 561
Free-cash
84 596
86 014
71 239
89 954

Estimated living cost  is ₽7561 per week

₽4685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2039
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47366
₽32428
₽28335
₽41032
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
12 511
other
-
-
-
4 679
health
-
-
-
4 334
pensions

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

-
-
-
23 639
total
-
-
-
45 163
Employee
34 069
-
78 673
-
unemployment
340
-
787
-
pensions

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

2 384
-
5 506
-
income
5 865
-
13 850
-
health
477
-
1 102
-
total
9 066
-
21 245
-
Employer
34 069
-
78 673
-
health
477
-
1 102
-
pensions

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

5 792
-
13 374
-
accident
272
-
629
-
unemployment
340
-
787
-
other
1 704
-
3 933
-
total
8 585
-
19 825
-
Corporate
55 845
98 500
-
-
income
11 727
20 685
-
-
total
11 727
20 685
-
-
Dividends
44 118
77 815
-
-
withholding
3 088
5 447
-
-
total
3 088
5 447
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 466
26 132
41 070
45 163
After tax
66 034
72 368
57 430
53 337
Living cost
25 002
25 002
25 002
25 002
Free-cash
41 032
47 366
32 428
28 335

Estimated living cost  is ₽25002 per week

₽17665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1688
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽402
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5246
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8974
-₽1142
₽7634
-₽2346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 078
pensions
-
-
-
7 102
total
-
-
-
28 180
Employee
88 691
-
86 662
-
pensions
8 556
-
8 313
-
income
15 987
-
15 385
-
health
1 461
-
1 420
-
total
26 004
-
25 118
-
Employer
88 691
-
86 662
-
health
1 684
-
1 647
-
pensions
10 472
-
10 191
-
total
12 156
-
11 838
-
Corporate
-
98 500
-
-
income

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

-
18 714
-
-
total
-
18 714
-
-
Dividends
-
79 786
-
-
withholding
-
8 126
-
-
total
-
8 126
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 160
26 840
36 956
28 180
After tax
60 340
71 660
61 544
70 320
Living cost
62 686
62 686
62 686
62 686
Free-cash
-2 346
8 974
-1 142
7 634

Estimated living cost  is ₽62686 per week

₽46972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7365
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7840
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71918
₽65820
₽62677
₽67563
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
14 775
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 524
Employee
16 286
-
92 071
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
pensions

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

1 430
-
2 877
-
income
1 628
-
9 208
-
health
749
-
1 507
-
total
3 986
-
13 952
-
Employer
16 286
-
92 071
-
health
1 124
-
2 261
-
pensions

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

1 795
-
3 611
-
accident

We are using the highest rate at 1.1%.

179
-
360
-
unemployment
97
-
197
-
total
3 195
-
6 429
-
Corporate
79 018
98 500
-
-
income
7 901
9 850
-
-
total
7 901
9 850
-
-
Dividends
71 117
88 650
-
-
withholding
3 556
4 433
-
-
total
3 556
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
18 638
14 283
20 381
23 524
After tax
79 862
84 217
78 119
74 976
Living cost
12 299
12 299
12 299
12 299
Free-cash
67 563
71 918
65 820
62 677

Estimated living cost  is ₽12299 per week

₽7181
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽878
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽326
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3915
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4260
-₽2987
₽3854
-₽3723
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
20 115
health
-
-
-
11 508
pensions
-
-
-
10 993
total
-
-
-
42 616
Employee
86 993
80 127
83 822
-
pensions
10 993
10 993
10 993
-
income

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

13 116
13 116
13 116
-
health
10 853
10 461
10 671
-
total
34 962
34 570
34 780
-
Employer
86 993
80 127
83 822
-
health
6 045
5 570
5 826
-
pensions
6 054
5 577
5 833
-
unemployment
3 132
2 885
3 018
-
total
15 231
14 032
14 677
-
Corporate
-
4 341
-
-
income
-
869
-
-
total
-
869
-
-
Dividends
-
3 472
-
-
income
-
737
-
-
withholding
-
522
-
-
total
-
1 259
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 193
50 730
49 457
42 616
After tax
48 307
47 770
49 043
55 884
Living cost
52 030
52 030
52 030
52 030
Free-cash
-3 723
-4 260
-2 987
3 854

Estimated living cost  is ₽52030 per week

₽38381
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4647
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽597
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44806
₽26974
₽24964
₽36597
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
8 466
social contributions
-
-
-
28 762
solidarity contribution
-
-
-
-
health
-
-
-
13 297
total
-
-
-
50 525
Employee
33 839
-
73 507
-
solidarity contribution
-
-
-
-
social contributions
2 200
-
4 778
-
income
4 061
-
8 821
-
health
4 568
-
9 923
-
total
10 829
-
23 522
-
Employer
33 839
-
73 507
-
health
3 045
-
6 616
-
social contributions
8 460
-
18 377
-
total
11 505
-
24 993
-
Corporate
53 156
98 500
-
-
income
10 100
18 715
-
-
total
10 100
18 715
-
-
Dividends
43 056
79 785
-
-
withholding
6 458
11 968
-
-
total
6 458
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 892
30 683
48 515
50 525
After tax
59 608
67 817
49 985
47 975
Living cost
23 011
23 011
23 011
23 011
Free-cash
36 597
44 806
26 974
24 964

Estimated living cost  is ₽23011 per week

₽15983
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1637
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12962
₽5954
₽10641
₽8060
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 335
regional
-
-
-
1 095
municipal
-
-
-
586
national
-
-
-
21 250
total
-
-
-
48 266
Employee
83 391
-
98 500
-
municipal
442
-
522
-
national
14 450
-
18 257
-
regional
787
-
960
-
social contributions
28 119
-
33 214
-
total
43 798
-
52 953
-
Employer
83 391
-
98 500
-
total
-
-
-
-
Corporate
15 109
98 500
-
-
municipal
589
3 841
-
-
nationa
3 627
23 639
-
-
total
4 216
27 480
-
-
Dividends
10 893
71 020
-
-
withholding
2 833
18 465
-
-
total
2 833
18 465
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 847
45 945
52 953
48 266
After tax
47 653
52 555
45 547
50 234
Living cost
39 593
39 593
39 593
39 593
Free-cash
8 060
12 962
5 954
10 641

Estimated living cost  is ₽39593 per week

₽27599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2596
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8789
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41251
₽27578
₽29458
₽38332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 040
other
-
-
-
-
surtax
-
-
-
2 388
unemployment
-
-
-
214
health
-
-
-
6 994
pensions
-
-
-
19 701
total
-
-
-
48 337
Employee
31 029
-
81 371
-
other
-
-
-
-
unemployment
2 160
-
5 664
-
pensions
2 069
-
5 427
-
surtax
101
-
2 165
-
income
5 201
-
17 756
-
health
792
-
2 076
-
total
10 323
-
33 088
-
Employer
31 029
-
81 371
-
health
1 412
-
3 702
-
pensions
4 136
-
10 847
-
unemployment
983
-
2 580
-
other
-
-
-
-
total
6 531
-
17 129
-
Corporate
60 940
98 500
-
-
income
15 844
25 611
-
-
total
15 844
25 611
-
-
Dividends
45 096
72 889
-
-
withholding
6 765
10 933
-
-
total
6 765
10 933
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 463
36 544
50 217
48 337
After tax
59 037
61 956
48 283
50 163
Living cost
20 705
20 705
20 705
20 705
Free-cash
38 332
41 251
27 578
29 458

Estimated living cost  is ₽20705 per week

₽12660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1911
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5657
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28835
₽18719
₽27495
₽23601
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 078
pensions
-
-
-
7 102
total
-
-
-
28 180
Employee
59 438
-
86 662
-
pensions
5 045
-
8 313
-
income
10 705
-
15 385
-
health
863
-
1 420
-
total
16 613
-
25 118
-
Employer
59 438
-
86 662
-
health
1 129
-
1 647
-
pensions
6 434
-
10 191
-
total
7 563
-
11 838
-
Corporate
31 498
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.

5 984
18 714
-
-
total
5 984
18 714
-
-
Dividends
25 514
79 786
-
-
withholding
1 914
8 126
-
-
total
1 914
8 126
-
-
Income
98 500
98 500
98 500
98 500
Total tax
32 074
26 840
36 956
28 180
After tax
66 426
71 660
61 544
70 320
Living cost
42 825
42 825
42 825
42 825
Free-cash
23 601
28 835
18 719
27 495

Estimated living cost  is ₽42825 per week

₽32084
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽29043
₽3139
₽8047
₽2656
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
other

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

-
-
-
1 969
regional
-
-
-
3 417
health
-
-
-
242
city
-
-
-
1 039
national
-
-
-
637
pensions
-
-
-
9 063
total
-
-
-
16 367
Employee
86 700
-
88 162
-
unemployment
-
-
-
-
pensions
7 284
-
7 406
-
national
410
-
436
-
regional
2 839
-
2 919
-
city
930
-
948
-
health
196
-
198
-
total
11 659
-
11 907
-
Employer
86 700
-
88 162
-
health
196
-
198
-
pensions
7 284
-
7 406
-
unemployment
-
-
-
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 733
-
1 764
-
total
9 213
-
9 368
-
Corporate
1 634
98 500
-
-
regional
346
20 832
-
-
national
139
8 372
-
-
total
485
29 204
-
-
Dividends
1 148
69 296
-
-
withholding
401
24 253
-
-
total
401
24 253
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 758
53 457
21 275
16 367
After tax
76 742
45 043
77 225
82 133
Living cost
74 086
74 086
74 086
74 086
Free-cash
2 656
-29 043
3 139
8 047

Estimated living cost  is ₽74086 per week

₽48177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6648
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽910
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽5791
₽26537
₽17126
₽21010
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income

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

-
-
-
21 392
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.

-
-
-
1 177
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.

-
-
-
6 410
trade
-
-
-
9 411
total
-
-
-
38 390
Employee

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

56 390
-
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.

365
-
1 177
-
income

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

6 631
-
21 392
-
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.

6 410
-
6 410
-
total
13 406
-
28 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 110
98 500
-
-
income
6 316
14 775
-
-
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.

347
812
-
-
chamber of commerce
201
281
-
-
trade
7 222
16 893
-
-
total
14 086
32 761
-
-
Dividends
28 023
65 739
-
-
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.

365
885
-
-
withholding
6 649
16 079
-
-
total
7 014
16 964
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 506
49 725
28 979
38 390
After tax
63 994
48 775
69 521
60 110
Living cost
42 984
42 984
42 984
42 984
Free-cash
21 010
5 791
26 537
17 126

Estimated living cost  is ₽42984 per week

₽31394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3438
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.
₽7594
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17542
₽29346
₽24484
₽23081
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 040
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 806
health
-
-
-
2 080
pensions
-
-
-
23 928
total
-
-
-
41 913
Employee
40 158
-
79 759
-
pensions
4 541
-
3 951
-
surtax
-
-
-
-
social contributions
1 145
-
2 272
-
income
2 370
-
12 086
-
total
8 056
-
18 309
-
Employer
40 158
-
79 759
-
health
2 812
-
5 584
-
pensions
6 597
-
6 938
-
unemployment
1 626
-
3 230
-
social contributions
121
-
239
-
other
1 385
-
2 751
-
total
12 541
-
18 742
-
Corporate
45 801
98 500
-
-
income
12 824
27 580
-
-
surtax
-
-
-
-
total
12 824
27 580
-
-
Dividends
32 977
70 920
-
-
surtax
-
-
-
-
social contributions
5 673
12 197
-
-
withholding
4 222
9 078
-
-
total
9 895
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 316
48 855
37 051
41 913
After tax
55 184
49 645
61 449
56 587
Living cost
32 103
32 103
32 103
32 103
Free-cash
23 081
17 542
29 346
24 484

Estimated living cost  is ₽32103 per week

₽20242
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2610
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.
₽8705
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20723
₽32527
₽27665
₽25935
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 040
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 806
health
-
-
-
2 080
pensions
-
-
-
23 928
total
-
-
-
41 913
Employee
35 847
-
79 759
-
pensions
4 054
-
3 951
-
surtax
-
-
-
-
social contributions
1 022
-
2 272
-
income
1 848
-
12 086
-
total
6 924
-
18 309
-
Employer
35 847
-
79 759
-
health
2 509
-
5 584
-
pensions
5 890
-
6 938
-
unemployment
1 451
-
3 230
-
social contributions
107
-
239
-
other
1 238
-
2 751
-
total
11 195
-
18 742
-
Corporate
51 459
98 500
-
-
income
14 409
27 580
-
-
surtax
-
-
-
-
total
14 409
27 580
-
-
Dividends
37 050
70 920
-
-
surtax
-
-
-
-
social contributions
6 373
12 197
-
-
withholding
4 742
9 078
-
-
total
11 115
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 643
48 855
37 051
41 913
After tax
54 857
49 645
61 449
56 587
Living cost
28 922
28 922
28 922
28 922
Free-cash
25 935
20 723
32 527
27 665

Estimated living cost  is ₽28922 per week

₽16773
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2938
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8663
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽40198
₽43291
₽43361
₽40685
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions
-
-
-
13 593
health
-
-
-
6 875
total
-
-
-
35 243
Employee
31 814
-
98 500
-
social contributions
4 391
-
13 593
-
income
5 306
-
14 845
-
health
2 220
-
6 875
-
total
11 917
-
35 313
-
Employer
31 814
-
98 500
-
total
-
-
-
-
Corporate
66 686
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%.

3 335
4 925
-
-
total
3 335
4 925
-
-
Dividends
63 351
93 575
-
-
social contributions
8 743
12 913
-
-
withholding
9 503
14 037
-
-
health
4 421
6 531
-
-
total
22 667
33 481
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 919
38 406
35 313
35 243
After tax
60 581
60 094
63 187
63 257
Living cost
19 896
19 896
19 896
19 896
Free-cash
40 685
40 198
43 291
43 361

Estimated living cost  is ₽19896 per week

₽13315
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1227
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4895
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22074
-₽3779
₽16429
₽20625
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 916
surtax
-
-
-
185
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
394
health
-
-
-
7 536
pensions
-
-
-
18 223
total
-
-
-
49 009
Employee
46 892
37 393
76 344
-
other
468
374
764
-
unemployment
1 407
1 122
2 290
-
pensions
4 802
3 828
7 817
-
income
5 338
2 758
15 041
-
health
1 814
1 448
2 954
-
total
13 829
9 530
28 866
-
Employer
46 892
37 393
76 344
-
chamber of commerce
187
150
306
-
health
1 772
1 414
2 886
-
pensions
5 885
4 694
9 581
-
accident
609
486
992
-
unemployment
1 407
1 122
2 290
-
surtax
185
185
185
-
payroll
1 407
1 122
2 290
-
other
2 228
1 775
3 625
-
total
13 680
10 948
22 155
-
Corporate
37 929
50 160
72 783
-
income

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

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

9 482
12 541
18 196
-
total
9 482
12 541
18 196
-
Dividends
28 447
37 619
-
-
withholding
7 822
10 345
-
-
total
7 822
10 345
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 813
43 364
69 217
49 009
After tax
53 687
55 136
29 283
49 491
Living cost
33 062
33 062
33 062
33 062
Free-cash
20 625
22 074
-3 779
16 429

Estimated living cost  is ₽33062 per week

₽22051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2820
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21013
₽3906
₽11480
₽6942
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
communal

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

-
-
-
4 973
social contributions
-
-
-
15 618
national
-
-
-
32 217
total
-
-
-
52 808
Employee

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

67 117
-
76 292
-
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.

584
-
664
-
communal

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

3 501
-
3 980
-
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.

5 034
-
5 721
-
national
20 635
-
24 223
-
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.

3 153
-
3 586
-
total
32 907
-
38 174
-
Employer

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

67 117
-
76 292
-
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.

4 127
-
4 692
-
pensions

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

5 947
-
6 759
-
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.

872
-
992
-
unemployment

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

979
-
1 115
-
surtax
7 610
-
8 650
-
total
19 535
-
22 208
-
Corporate
11 846
98 500
-
-
income
2 370
19 701
-
-
surtax
48
394
-
-
total
2 418
20 095
-
-
Dividends
9 428
78 406
-
-
withholding

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

2 486
23 180
-
-
total
2 486
23 180
-
-
Income
98 500
98 500
98 500
98 500
Total tax
57 346
43 275
60 382
52 808
After tax
41 154
55 225
38 118
45 692
Living cost
34 212
34 212
34 212
34 212
Free-cash
6 942
21 013
3 906
11 480

Estimated living cost  is ₽34212 per week

₽22037
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32471
₽17835
₽19386
₽24995
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
19 137
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 228
Employee
46 707
-
74 688
-
other
46
-
75
-
unemployment
725
-
1 157
-
pensions
2 195
-
3 510
-
income
9 855
-
18 225
-
total
12 821
-
22 967
-
Employer
46 707
-
74 688
-
pensions
11 022
-
17 626
-
accident
924
-
1 480
-
unemployment
2 569
-
4 108
-
other
372
-
598
-
total
14 887
-
23 812
-
Corporate
36 906
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.

5 536
14 775
-
-
total
5 536
14 775
-
-
Dividends
31 370
83 725
-
-
withholding
6 375
17 368
-
-
total
6 375
17 368
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 619
32 143
46 779
45 228
After tax
58 881
66 357
51 721
53 272
Living cost
33 886
33 886
33 886
33 886
Free-cash
24 995
32 471
17 835
19 386

Estimated living cost  is ₽33886 per week

₽24953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2404
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.
₽6040
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9133
₽9039
₽4764
₽2523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
communal
-
-
-
6 225
accident
-
-
-
830
income
-
-
-
9 122
surtax
-
-
-
4 882
health
-
-
-
6 921
pensions
-
-
-
14 765
total
-
-
-
42 745
Employee
71 057
-
87 984
-
pensions
5 684
-
7 039
-
surtax
4 355
-
5 392
-
income
6 863
-
11 606
-
health
3 162
-
3 917
-
total
20 064
-
27 954
-
Employer
71 057
-
87 984
-
health
2 167
-
2 685
-
pensions
5 684
-
7 039
-
accident
639
-
792
-
total
8 490
-
10 516
-
Corporate
18 953
98 500
-
-
communal
-
6 649
-
-
income
2 844
14 775
-
-
surtax
199
1 035
-
-
total
3 043
22 459
-
-
Dividends
15 910
76 041
-
-
income
11 003
4 510
-
-
withholding
2 386
11 407
-
-
total
13 389
15 917
-
-
Income
98 500
98 500
98 500
98 500
Total tax
44 986
38 376
38 470
42 745
After tax
53 514
60 124
60 030
55 755
Living cost
50 991
50 991
50 991
50 991
Free-cash
2 523
9 133
9 039
4 764

Estimated living cost  is ₽50991 per week

₽38251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3089
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9110
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40881
₽27208
₽29088
₽37898
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 040
other
-
-
-
-
surtax
-
-
-
2 388
unemployment
-
-
-
214
health
-
-
-
6 994
pensions
-
-
-
19 701
total
-
-
-
48 337
Employee
31 599
-
81 371
-
other
-
-
-
-
unemployment
2 199
-
5 664
-
pensions
2 108
-
5 427
-
surtax
112
-
2 165
-
income
5 297
-
17 756
-
health
807
-
2 076
-
total
10 523
-
33 088
-
Employer
31 599
-
81 371
-
health
1 437
-
3 702
-
pensions
4 213
-
10 847
-
unemployment
1 002
-
2 580
-
other
-
-
-
-
total
6 652
-
17 129
-
Corporate
60 249
98 500
-
-
income
15 664
25 611
-
-
total
15 664
25 611
-
-
Dividends
44 585
72 889
-
-
withholding
6 688
10 933
-
-
total
6 688
10 933
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 527
36 544
50 217
48 337
After tax
58 973
61 956
48 283
50 163
Living cost
21 075
21 075
21 075
21 075
Free-cash
37 898
40 881
27 208
29 088

Estimated living cost  is ₽21075 per week

₽12724
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1832
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.
₽6031
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26499
₽19906
₽24567
₽24414
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 335
regional
-
-
-
1 486
municipal
-
-
-
586
national
-
-
-
21 250
total
-
-
-
48 657
Employee
52 049
-
98 500
-
municipal
276
-
522
-
national
8 246
-
18 257
-
regional
701
-
1 325
-
social contributions
17 551
-
33 214
-
total
26 774
-
53 318
-
Employer
52 049
-
98 500
-
total
-
-
-
-
Corporate
46 451
98 500
-
-
municipal
2 309
4 895
-
-
nationa
11 148
23 639
-
-
total
13 457
28 534
-
-
Dividends
32 993
69 966
-
-
withholding
8 579
18 191
-
-
total
8 579
18 191
-
-
Income
98 500
98 500
98 500
98 500
Total tax
48 810
46 725
53 318
48 657
After tax
49 690
51 775
45 182
49 843
Living cost
25 276
25 276
25 276
25 276
Free-cash
24 414
26 499
19 906
24 567

Estimated living cost  is ₽25276 per week

₽15719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39462
₽21630
₽19620
₽29346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
8 466
social contributions
-
-
-
28 762
solidarity contribution
-
-
-
-
health
-
-
-
13 297
total
-
-
-
50 525
Employee
41 699
-
73 507
-
solidarity contribution
-
-
-
-
social contributions
2 710
-
4 778
-
income
5 004
-
8 821
-
health
5 629
-
9 923
-
total
13 343
-
23 522
-
Employer
41 699
-
73 507
-
health
3 753
-
6 616
-
social contributions
10 425
-
18 377
-
total
14 178
-
24 993
-
Corporate
42 624
98 500
-
-
income
8 099
18 715
-
-
total
8 099
18 715
-
-
Dividends
34 525
79 785
-
-
withholding
5 179
11 968
-
-
total
5 179
11 968
-
-
Income
98 500
98 500
98 500
98 500
Total tax
40 799
30 683
48 515
50 525
After tax
57 701
67 817
49 985
47 975
Living cost
28 355
28 355
28 355
28 355
Free-cash
29 346
39 462
21 630
19 620

Estimated living cost  is ₽28355 per week

₽21087
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5207
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25302
-₽622
₽19741
₽24839
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
16 916
surtax
-
-
-
-
unemployment
-
-
-
5 755
chamber of commerce
-
-
-
394
health
-
-
-
7 536
pensions
-
-
-
18 223
total
-
-
-
48 824
Employee
41 016
37 393
76 486
-
other
410
374
766
-
unemployment
1 230
1 122
2 295
-
pensions
4 200
3 828
7 833
-
income
3 654
2 758
15 089
-
health
1 587
1 448
2 959
-
total
11 081
9 530
28 942
-
Employer
41 016
37 393
76 486
-
chamber of commerce
164
150
306
-
health
1 551
1 414
2 892
-
pensions
5 148
4 694
9 599
-
accident
532
486
994
-
unemployment
1 230
1 122
2 295
-
surtax
-
-
-
-
payroll
1 230
1 122
2 295
-
other
1 948
1 775
3 632
-
total
11 803
10 763
22 013
-
Corporate
45 680
50 345
72 925
-
income

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

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

11 421
12 587
18 232
-
total
11 421
12 587
18 232
-
Dividends
34 260
37 758
-
-
withholding
9 421
10 383
-
-
total
9 421
10 383
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 726
43 263
69 187
48 824
After tax
54 774
55 237
29 313
49 676
Living cost
29 935
29 935
29 935
29 935
Free-cash
24 839
25 302
-622
19 741

Estimated living cost  is ₽29935 per week

₽17957
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3057
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8387
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81793
₽67018
₽85733
₽79583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
microenterprise

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

-
-
-
985
total
-
-
-
985
Employee
14 727
-
98 500
-
income
2 946
-
19 700
-
total
2 946
-
19 700
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

83 773
98 500
-
-
total
-
-
-
-
Dividends
83 773
98 500
-
-
withholding
4 189
4 925
-
-
total
4 189
4 925
-
-
Income
98 500
98 500
98 500
98 500
Total tax
7 135
4 925
19 700
985
After tax
91 365
93 575
78 800
97 515
Living cost
11 782
11 782
11 782
11 782
Free-cash
79 583
81 793
67 018
85 733

Estimated living cost  is ₽11782 per week

₽7973
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽495
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42652
₽22765
₽25589
₽34800
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
19 916
unemployment
-
-
-
148
health
-
-
-
9 692
pensions
-
-
-
17 988
total
-
-
-
47 744
Employee

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 492
-
85 229
-
unemployment
59
-
119
-
pensions
6 432
-
13 210
-
income
7 155
-
18 461
-
health
2 680
-
5 506
-
total
16 326
-
37 296
-
Employer

The minimum monthly earnings used to calculate contributions are 54% (gradually rising by two percent until reaching 60% by 2021) of the insured's average monthly wage in the last year.

41 492
-
85 229
-
health
2 764
-
5 677
-
pensions
3 672
-
7 543
-
unemployment
25
-
52
-
total
6 461
-
13 272
-
Corporate
50 548
98 500
-
-
income
9 605
18 714
-
-
total
9 605
18 714
-
-
Dividends
40 943
79 786
-
-
withholding
6 141
11 967
-
-
total
6 141
11 967
-
-
Income
98 500
98 500
98 500
98 500
Total tax
38 533
30 681
50 568
47 744
After tax
59 967
67 819
47 932
50 756
Living cost
25 167
25 167
25 167
25 167
Free-cash
34 800
42 652
22 765
25 589

Estimated living cost  is ₽25167 per week

₽17272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1613
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.
₽5796
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19847
₽46200
₽27991
-₽39999
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
19 200
social contributions
-
-
-
11 229
total
-
-
-
30 429
Employee
57 469
-
-
-
social contributions
4 712
-
672
-
income
12 676
-
-
-
total
17 388
-
672
-
Employer
57 469
-
-
-
social contributions
81 031
-
11 548
-
total
81 031
-
11 548
-
Corporate
-
98 500
-
-
income
-
21 670
-
-
total
-
21 670
-
-
Dividends
-
76 830
-
-
income
-
16 903
-
-
total
-
16 903
-
-
Income
98 500
98 500
98 500
98 500
Total tax
98 419
38 573
12 220
30 429
After tax
81
59 927
86 280
68 071
Living cost
40 080
40 080
40 080
40 080
Free-cash
-39 999
19 847
46 200
27 991

Estimated living cost  is ₽40080 per week

₽26005
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3769
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.
₽9794
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26595
₽20136
₽25428
₽25650
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 411
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
total
-
-
-
43 640
Employee
43 155
-
79 595
-
surtax
-
-
-
-
social contributions
4 747
-
8 755
-
income
8 976
-
21 272
-
total
13 723
-
30 027
-
Employer
43 155
-
79 595
-
social contributions
10 249
-
18 905
-
total
10 249
-
18 905
-
Corporate
45 096
98 500
-
-
income
9 471
20 685
-
-
surtax
-
-
-
-
total
9 471
20 685
-
-
Dividends
35 625
77 815
-
-
withholding
9 975
21 788
-
-
total
9 975
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
43 418
42 473
48 932
43 640
After tax
55 082
56 027
49 568
54 860
Living cost
29 432
29 432
29 432
29 432
Free-cash
25 650
26 595
20 136
25 428

Estimated living cost  is ₽29432 per week

₽22021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1736
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽491
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5183
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4326
₽16130
₽11268
₽10777
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 040
other
-
-
-
3 059
surtax
-
-
-
-
social contributions
-
-
-
2 806
health
-
-
-
2 080
pensions
-
-
-
23 928
total
-
-
-
41 913
Employee
58 768
-
79 759
-
pensions
6 647
-
3 951
-
surtax
-
-
-
-
social contributions
1 674
-
2 272
-
income
5 128
-
12 086
-
total
13 449
-
18 309
-
Employer
58 768
-
79 759
-
health
4 113
-
5 584
-
pensions
9 656
-
6 938
-
unemployment
2 381
-
3 230
-
social contributions
176
-
239
-
other
2 028
-
2 751
-
total
18 354
-
18 742
-
Corporate
21 378
98 500
-
-
income
5 986
27 580
-
-
surtax
-
-
-
-
total
5 986
27 580
-
-
Dividends
15 391
70 920
-
-
surtax
-
-
-
-
social contributions
2 646
12 197
-
-
withholding
1 969
9 078
-
-
total
4 615
21 275
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 404
48 855
37 051
41 913
After tax
56 096
49 645
61 449
56 587
Living cost
45 319
45 319
45 319
45 319
Free-cash
10 777
4 326
16 130
11 268

Estimated living cost  is ₽45319 per week

₽30671
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3707
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10319
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60445
₽49257
₽46640
₽57293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 985
social contributions
-
-
-
21 670
total
-
-
-
23 655
Employee
30 166
-
85 281
-
income
-
-
2 276
-
social contributions
1 960
-
5 543
-
total
1 960
-
7 819
-
Employer
30 166
-
85 281
-
social contributions
4 676
-
13 219
-
total
4 676
-
13 219
-
Corporate
63 659
98 500
-
-
income
6 366
9 850
-
-
total
6 366
9 850
-
-
Dividends
57 293
88 650
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
13 002
9 850
21 038
23 655
After tax
85 498
88 650
77 462
74 845
Living cost
28 205
28 205
28 205
28 205
Free-cash
57 293
60 445
49 257
46 640

Estimated living cost  is ₽28205 per week

₽18237
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2126
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7311
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽105926
-₽105926
₽15632
-₽105926
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
labour market
-
-
-
7 815
municipal
-
-
-
18 535
national
-
-
-
10 518
pensions
-
-
-
813
total
-
-
-
37 681
Employee
190 722
190 722
190 722
-
municipal
40 613
40 613
40 613
-
labour market
15 236
15 236
15 236
-
pensions
271
271
271
-
national
23 300
23 300
23 300
-
total
79 420
79 420
79 420
-
Employer
190 722
190 722
190 722
-
national
23 341
23 341
23 341
-
labour market
15 258
15 258
15 258
-
pensions
542
542
542
-
municipal
40 678
40 678
40 678
-
total
79 819
79 819
79 819
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
98 500
98 500
98 500
98 500
Total tax
159 239
159 239
159 239
37 681
After tax
-60 739
-60 739
-60 739
60 819
Living cost
45 187
45 187
45 187
45 187
Free-cash
-105 926
-105 926
-105 926
15 632

Estimated living cost  is ₽45187 per week

₽30926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3997
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽695
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9568
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12660
₽30433
₽46945
₽4812
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 916
Employee
32 466
-
84 527
-
pensions
3 656
-
7 264
-
income
4 454
-
16 513
-
health
3 718
-
9 678
-
total
11 828
-
33 455
-
Employer
32 466
-
84 527
-
pensions
5 279
-
10 490
-
accident
542
-
1 412
-
unemployment
796
-
2 071
-
total
6 617
-
13 973
-
Corporate
59 417
98 500
-
-
income

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

53 475
88 650
-
-
total
53 475
88 650
-
-
Dividends
5 942
9 850
-
-
withholding
1 129
1 871
-
-
total
1 129
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
73 049
90 521
47 428
30 916
After tax
25 451
7 979
51 072
67 584
Living cost
20 639
20 639
20 639
20 639
Free-cash
4 812
-12 660
30 433
46 945

Estimated living cost  is ₽20639 per week

₽15023
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1177
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4052
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29113
₽19799
₽33398
₽27552
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
health
-
-
-
1 125
municipal
-
-
-
17 528
national
-
-
-
10 425
total
-
-
-
29 078
Employee
49 366
-
82 864
-
municipal
8 086
-
13 526
-
unemployment
741
-
1 243
-
pensions
3 332
-
5 593
-
national
816
-
5 794
-
health
369
-
885
-
total
13 344
-
27 041
-
Employer
49 366
-
82 864
-
health
379
-
637
-
pensions
8 565
-
14 377
-
accident
50
-
84
-
unemployment
321
-
538
-
total
9 315
-
15 636
-
Corporate
39 819
98 500
-
-
income
7 965
19 701
-
-
total
7 965
19 701
-
-
Dividends

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

23 891
59 100
-
-
municipal
4 300
10 637
-
-
national
-
3 025
-
-
total
4 300
13 662
-
-
Income
98 500
98 500
98 500
98 500
Total tax
34 924
33 363
42 677
29 078
After tax
63 576
65 137
55 823
69 422
Living cost
36 024
36 024
36 024
36 024
Free-cash
27 552
29 113
19 799
33 398

Estimated living cost  is ₽36024 per week

₽23531
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3465
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽573
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8456
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50351
₽47415
₽47644
₽45245
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
11 439
social contributions
-
-
-
15 181
health
-
-
-
2 512
total
-
-
-
29 132
Employee
72 151
72 151
89 424
-
social contributions
2 728
5 988
7 422
-
income
7 856
6 679
11 342
-
health
559
1 227
1 521
-
total
11 143
13 894
20 285
-
Employer
72 151
72 151
89 424
-
health
607
1 335
1 654
-
social contributions
2 728
5 988
7 422
-
total
3 335
7 323
9 076
-
Corporate
62 298
19 025
-
-
income
7 787
2 379
-
-
total
7 787
2 379
-
-
Dividends
54 511
16 646
-
-
withholding
9 266
2 829
-
-
total
9 266
2 829
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 531
26 425
29 361
29 132
After tax
66 969
72 075
69 139
69 368
Living cost
21 724
21 724
21 724
21 724
Free-cash
45 245
50 351
47 415
47 644

Estimated living cost  is ₽21724 per week

₽13020
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2131
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.
₽6093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66669
₽45921
₽64740
₽61897
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 471
unemployment
-
-
-
27
health
-
-
-
3 396
pensions
-
-
-
5 969
total
-
-
-
18 863
Employee

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

21 537
-
89 330
-
unemployment
107
-
445
-
pensions
3 230
-
13 355
-
income
1 473
-
7 144
-
health
1 830
-
7 568
-
total
6 640
-
28 512
-
Employer

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

21 537
-
89 330
-
health
926
-
3 828
-
pensions
1 184
-
4 897
-
unemployment
107
-
445
-
total
2 217
-
9 170
-
Corporate
74 746
98 500
-
-
income
6 727
8 866
-
-
total
6 727
8 866
-
-
Dividends
68 019
89 634
-
-
withholding
6 122
8 068
-
-
total
6 122
8 068
-
-
Income
98 500
98 500
98 500
98 500
Total tax
21 706
16 934
37 682
18 863
After tax
76 794
81 566
60 818
79 637
Living cost
14 897
14 897
14 897
14 897
Free-cash
61 897
66 669
45 921
64 740

Estimated living cost  is ₽14897 per week

₽9505
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1074
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽443
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40555
₽25919
₽27470
₽35634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
19 137
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 228
Employee
34 695
-
74 688
-
other
34
-
75
-
unemployment
538
-
1 157
-
pensions
1 631
-
3 510
-
income
6 689
-
18 225
-
total
8 892
-
22 967
-
Employer
34 695
-
74 688
-
pensions
8 187
-
17 626
-
accident
687
-
1 480
-
unemployment
1 909
-
4 108
-
other
278
-
598
-
total
11 061
-
23 812
-
Corporate
52 744
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.

7 911
14 775
-
-
total
7 911
14 775
-
-
Dividends
44 833
83 725
-
-
withholding
9 200
17 368
-
-
total
9 200
17 368
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 064
32 143
46 779
45 228
After tax
61 436
66 357
51 721
53 272
Living cost
25 802
25 802
25 802
25 802
Free-cash
35 634
40 555
25 919
27 470

Estimated living cost  is ₽25802 per week

₽17416
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2480
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽452
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59564
₽60874
₽61009
₽59252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
33 200
health
-
-
-
1 005
pensions
-
-
-
1 386
total
-
-
-
35 591
Employee
2 894
-
96 941
-
unemployment
29
-
69
-
pensions
260
-
624
-
income
560
-
33 127
-
health
145
-
347
-
total
994
-
34 167
-
Employer
2 894
-
96 941
-
health
275
-
658
-
pensions
318
-
762
-
unemployment
58
-
139
-
total
651
-
1 559
-
Corporate
94 954
98 500
-
-
income
20 890
21 670
-
-
total
20 890
21 670
-
-
Dividends
74 064
76 830
-
-
withholding
14 813
15 366
-
-
total
14 813
15 366
-
-
Income
98 500
98 500
98 500
98 500
Total tax
37 348
37 036
35 726
35 591
After tax
61 152
61 464
62 774
62 909
Living cost
1 900
1 900
1 900
1 900
Free-cash
59 252
59 564
60 874
61 009

Estimated living cost  is ₽1900 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽44
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54970
₽36501
₽36501
₽50362
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
98 500
income
-
-
-
19 641
unemployment
-
-
-
1 038
health
-
-
-
7 129
pensions
-
-
-
17 995
total
-
-
-
45 803
Employee

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

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

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

24 423
-
86 111
-
unemployment
183
-
519
-
pensions
3 419
-
9 690
-
income
3 367
-
19 641
-
health
1 258
-
3 564
-
total
8 227
-
33 414
-
Employer

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

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

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

24 423
-
86 111
-
health
1 258
-
3 564
-
pensions
2 931
-
8 306
-
unemployment
183
-
519
-
total
4 372
-
12 389
-
Corporate
69 705
98 500
-
-
income
10 456
14 775
-
-
total
10 456
14 775
-
-
Dividends
59 249
83 725
-
-
withholding
8 887
12 559
-
-
total
8 887
12 559
-
-
Income
98 500
98 500
98 500
98 500
Total tax
31 942
27 334
45 803
45 803
After tax
66 558
71 166
52 697
52 697
Living cost
16 196
16 196
16 196
16 196
Free-cash
50 362
54 970
36 501
36 501

Estimated living cost  is ₽16196 per week

₽10905
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1253
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3570
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30731
₽24272
₽29564
₽30393
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 411
surtax
-
-
-
-
social contributions

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

-
-
-
34 229
total
-
-
-
43 640
Employee
36 418
-
79 595
-
surtax
-
-
-
-
social contributions
4 006
-
8 755
-
income
7 116
-
21 272
-
total
11 122
-
30 027
-
Employer
36 418
-
79 595
-
social contributions
8 648
-
18 905
-
total
8 648
-
18 905
-
Corporate
53 434
98 500
-
-
income
11 221
20 685
-
-
surtax
-
-
-
-
total
11 221
20 685
-
-
Dividends
42 212
77 815
-
-
withholding
11 820
21 788
-
-
total
11 820
21 788
-
-
Income
98 500
98 500
98 500
98 500
Total tax
42 811
42 473
48 932
43 640
After tax
55 689
56 027
49 568
54 860
Living cost
25 296
25 296
25 296
25 296
Free-cash
30 393
30 731
24 272
29 564

Estimated living cost  is ₽25296 per week

₽17916
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1757
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33381
₽18745
₽20296
₽26225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
783
income
-
-
-
19 137
other
-
-
-
87
unemployment
-
-
-
609
pensions
-
-
-
24 612
total
-
-
-
45 228
Employee
45 316
-
74 688
-
other
45
-
75
-
unemployment
702
-
1 157
-
pensions
2 130
-
3 510
-
income
9 465
-
18 225
-
total
12 342
-
22 967
-
Employer
45 316
-
74 688
-
pensions
10 694
-
17 626
-
accident
897
-
1 480
-
unemployment
2 493
-
4 108
-
other
363
-
598
-
total
14 447
-
23 812
-
Corporate
38 736
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.

5 810
14 775
-
-
total
5 810
14 775
-
-
Dividends
32 926
83 725
-
-
withholding
6 700
17 368
-
-
total
6 700
17 368
-
-
Income
98 500
98 500
98 500
98 500
Total tax
39 299
32 143
46 779
45 228
After tax
59 201
66 357
51 721
53 272
Living cost
32 976
32 976
32 976
32 976
Free-cash
26 225
33 381
18 745
20 296

Estimated living cost  is ₽32976 per week

₽23682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6266
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽68080
₽61982
₽58839
₽62363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
14 775
unemployment
-
-
-
131
health
-
-
-
3 768
pensions

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

-
-
-
4 850
total
-
-
-
23 524
Employee
21 368
-
92 071
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
pensions

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

1 876
-
2 877
-
income
2 137
-
9 208
-
health
983
-
1 507
-
total
5 231
-
13 952
-
Employer
21 368
-
92 071
-
health
1 475
-
2 261
-
pensions

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

2 355
-
3 611
-
accident

We are using the highest rate at 1.1%.

235
-
360
-
unemployment
128
-
197
-
total
4 193
-
6 429
-
Corporate
72 940
98 500
-
-
income
7 294
9 850
-
-
total
7 294
9 850
-
-
Dividends
65 645
88 650
-
-
withholding
3 282
4 433
-
-
total
3 282
4 433
-
-
Income
98 500
98 500
98 500
98 500
Total tax
20 000
14 283
20 381
23 524
After tax
78 500
84 217
78 119
74 976
Living cost
16 137
16 137
16 137
16 137
Free-cash
62 363
68 080
61 982
58 839

Estimated living cost  is ₽16137 per week

₽10673
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽924
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4156
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14579
₽33296
₽25422
₽26853
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income

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

-
-
-
21 392
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.

-
-
-
1 177
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.

-
-
-
6 410
trade
-
-
-
7 874
total
-
-
-
36 853
Employee

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

46 686
-
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.

212
-
1 177
-
income

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

3 839
-
21 392
-
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.

6 410
-
6 410
-
total
10 461
-
28 979
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 814
98 500
-
-
income
7 772
14 775
-
-
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.

427
812
-
-
chamber of commerce
219
287
-
-
trade
7 436
14 134
-
-
total
15 854
30 008
-
-
Dividends
35 959
68 491
-
-
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.

475
922
-
-
withholding
8 632
16 766
-
-
total
9 107
17 688
-
-
Income
98 500
98 500
98 500
98 500
Total tax
35 422
47 696
28 979
36 853
After tax
63 078
50 804
69 521
61 647
Living cost
36 225
36 225
36 225
36 225
Free-cash
26 853
14 579
33 296
25 422

Estimated living cost  is ₽36225 per week

₽24989
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3898
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6813
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15499
₽12302
₽12302
₽17572
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
23 890
social contributions
-
-
-
8 858
total
-
-
-
32 748
Employee
73 396
-
98 500
-
income
13 850
-
23 890
-
social contributions
6 098
-
8 858
-
total
19 948
-
32 748
-
Employer
73 396
-
98 500
-
total
-
-
-
-
Corporate
25 104
98 500
-
-
income
3 137
12 313
-
-
total
3 137
12 313
-
-
Dividends
21 966
86 187
-
-
withholding
4 393
17 238
-
-
total
4 393
17 238
-
-
Income
98 500
98 500
98 500
98 500
Total tax
27 478
29 551
32 748
32 748
After tax
71 022
68 949
65 752
65 752
Living cost
53 450
53 450
53 450
53 450
Free-cash
17 572
15 499
12 302
12 302

Estimated living cost  is ₽53450 per week

₽40664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4355
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.
₽7920
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25008
₽38352
₽32043
₽28285
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
98 500
income
-
-
-
26 709
health

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

-
-
-
5 687
total
-
-
-
32 396
Employee
43 044
-
94 184
-
income
4 671
-
17 455
-
social contributions
4 313
-
4 316
-
total
8 984
-
21 771
-
Employer
43 044
-
94 184
-
social contributions
4 313
-
4 316
-
total
4 313
-
4 316
-
Corporate
51 143
98 500
-
-
income
17 900
34 474
-
-
total
17 900
34 474
-
-
Dividends
33 243
64 026
-
-
social contributions
4 957
4 957
-
-
total
4 957
4 957
-
-
Income
98 500
98 500
98 500
98 500
Total tax
36 154
39 431
26 087
32 396
After tax
62 346
59 069
72 413
66 104
Living cost
34 061
34 061
34 061
34 061
Free-cash
28 285
25 008
38 352
32 043

Estimated living cost  is ₽34061 per week

₽22436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2685
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.
₽8417
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36845
₽26729
₽35505
₽33696
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
income
-
-
-
21 078
pensions
-
-
-
7 102
total
-
-
-
28 180
Employee
47 789
-
86 662
-
pensions
3 648
-
8 313
-
income
8 703
-
15 385
-
health
623
-
1 420
-
total
12 974
-
25 118
-
Employer
47 789
-
86 662
-
health
908
-
1 647
-
pensions
4 828
-
10 191
-
total
5 736
-
11 838
-
Corporate
44 974
98 500
-
-
income

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

8 546
18 714
-
-
total
8 546
18 714
-
-
Dividends
36 428
79 786
-
-
withholding
2 733
8 126
-
-
total
2 733
8 126
-
-
Income
98 500
98 500
98 500
98 500
Total tax
29 989
26 840
36 956
28 180
After tax
68 511
71 660
61 544
70 320
Living cost
34 815
34 815
34 815
34 815
Free-cash
33 696
36 845
26 729
35 505

Estimated living cost  is ₽34815 per week

₽23883
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.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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

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
-₽14703
₽28390
₽44902
₽4500
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
240
income
-
-
-
24 284
other
-
-
-
353
health
-
-
-
2 077
pensions
-
-
-
3 962
total
-
-
-
30 916
Employee
35 680
-
84 527
-
pensions
4 018
-
7 264
-
income
4 895
-
16 513
-
health
4 085
-
9 678
-
total
12 998
-
33 455
-
Employer
35 680
-
84 527
-
pensions
5 801
-
10 490
-
accident
596
-
1 412
-
unemployment
874
-
2 071
-
total
7 271
-
13 973
-
Corporate
55 549
98 500
-
-
income

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

49 994
88 650
-
-
total
49 994
88 650
-
-
Dividends
5 555
9 850
-
-
withholding
1 055
1 871
-
-
total
1 055
1 871
-
-
Income
98 500
98 500
98 500
98 500
Total tax
71 318
90 521
47 428
30 916
After tax
27 182
7 979
51 072
67 584
Living cost
22 682
22 682
22 682
22 682
Free-cash
4 500
-14 703
28 390
44 902

Estimated living cost  is ₽22682 per week

₽16646
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1322
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

Close
Skopje , Macedonia
₽70211
₽49956
₽43505
₽66485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
98 500
income
-
-
-
15 230
unemployment
-
-
-
1 182
work injury
-
-
-
493
health insurance
-
-
-
7 289
pensions
-
-
-
18 124
total
-
-
-
42 318
Employee

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

20 283
-
98 500
-
health insurance
1 501
-
5 553
-
unemployment
243
-
901
-
work injury
101
-
375
-
pensions
3 732
-
13 808
-
income
2 028
-
15 230
-
total
7 605
-
35 867
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 217
98 500
-
-
income

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

-
985
-
-
total
-
985
-
-
Dividends
78 217
97 515
-
-
withholding
11 733
14 627
-
-
total
11 733
14 627
-
-
Income
98 500
98 500
98 500
98 500
Total tax
19 338
15 612
35 867
42 318
After tax
79 162
82 888
62 633
56 182
Living cost
12 677
12 677
12 677
12 677
Free-cash
66 485
70 211
49 956
43 505

Estimated living cost  is ₽12677 per week

₽7853
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3507
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14504
₽7360
₽11867
₽10234
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
98 500
social contributions
-
-
-
25 335
regional
-
-
-
2 009
municipal
-
-
-
659
national
-
-
-
21 250
total
-
-
-
49 253
Employee
79 067
-
98 500
-
municipal
472
-
588
-
national
13 362
-
18 257
-
regional
1 194
-
1 701
-
social contributions
26 661
-
33 214
-
total
41 689
-
53 760
-
Employer
79 067
-
98 500
-
total
-
-
-
-
Corporate
19 433
98 500
-
-
municipal
937
4 747
-
-
nationa
4 663
23 639
-
-
total
5 600
28 386
-
-
Dividends
13 833
70 114
-
-
withholding
3 597
18 230
-
-
total
3 597
18 230
-
-
Income
98 500
98 500
98 500
98 500
Total tax
50 886
46 616
53 760
49 253
After tax
47 614
51 884
44 740
49 247
Living cost
37 380
37 380
37 380
37 380
Free-cash
10 234
14 504
7 360
11 867

Estimated living cost  is ₽37380 per week

₽26257
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2571
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽564
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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