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
₽ 99500
per

Your estimated
City
free-cash

Dresden , Germany
₽19849
₽40505
₽32199
₽30973
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
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.

-
-
-
20 531
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.

-
-
-
1 130
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.

-
-
-
6 871
trade
-
-
-
8 306
total
-
-
-
36 838
Employee

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

38 468
-
99 500
-
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.

59
-
1 130
-
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.

1 075
-
20 531
-
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.

6 871
-
6 871
-
total
8 005
-
28 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 032
99 500
-
-
income
9 156
14 925
-
-
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.

504
821
-
-
chamber of commerce
240
296
-
-
trade
9 612
15 671
-
-
total
19 512
31 713
-
-
Dividends
41 521
67 787
-
-
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.

550
910
-
-
withholding
9 997
16 565
-
-
total
10 547
17 475
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 064
49 188
28 532
36 838
After tax
61 436
50 312
70 968
62 662
Living cost
30 463
30 463
30 463
30 463
Free-cash
30 973
19 849
40 505
32 199

Estimated living cost  is ₽30463 per week

₽19162
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3552
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.
₽7180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8677
₽7623
₽6843
₽7788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
1 070
municipal
-
-
-
10 290
national
-
-
-
15 946
pensions
-
-
-
11 940
total
-
-
-
39 246
Employee
82 797
-
86 017
-
municipal
10 227
-
10 676
-
pensions
3 312
-
3 441
-
national
15 847
-
16 543
-
total
29 386
-
30 660
-
Employer
82 797
-
86 017
-
pensions
6 624
-
6 881
-
social contributions
890
-
925
-
total
7 514
-
7 806
-
Corporate
3 725
99 500
-
-
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%.

745
19 900
-
-
total
745
19 900
-
-
Dividends
2 980
79 600
-
-
withholding
656
17 512
-
-
total
656
17 512
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 301
37 412
38 466
39 246
After tax
61 199
62 088
61 034
60 254
Living cost
53 411
53 411
53 411
53 411
Free-cash
7 788
8 677
7 623
6 843

Estimated living cost  is ₽53411 per week

₽36303
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽799
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11344
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58675
₽35171
₽32203
₽50427
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
14 383
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.

-
-
-
31 990
microenterprise
-
-
-
-
total
-
-
-
46 373
Employee
29 388
-
80 183
-
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.

3 233
-
8 820
-
income
5 231
-
15 268
-
total
8 464
-
24 088
-
Employer
29 388
-
80 183
-
social contributions

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

7 079
-
19 317
-
surtax
-
-
-
-
total
7 079
-
19 317
-
Corporate
63 033
99 500
-
-
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%.

12 606
19 901
-
-
total
12 606
19 901
-
-
Dividends

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

50 426
79 599
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
28 149
19 901
43 405
46 373
After tax
71 351
79 599
56 095
53 127
Living cost
20 924
20 924
20 924
20 924
Free-cash
50 427
58 675
35 171
32 203

Estimated living cost  is ₽20924 per week

₽13349
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1993
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5273
-₽373
₽14350
-₽373
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
19 244
health
-
-
-
11 990
pensions
-
-
-
11 784
total
-
-
-
43 018
Employee
85 887
85 887
85 887
-
pensions
15 460
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
13 183
11 213
13 183
-
total
42 701
37 055
42 701
-
Employer
85 887
85 887
85 887
-
health
5 970
5 970
5 970
-
pensions
5 978
5 978
5 978
-
unemployment
3 092
3 092
3 092
-
total
15 040
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 741
52 095
57 741
43 018
After tax
41 759
47 405
41 759
56 482
Living cost
42 132
42 132
42 132
42 132
Free-cash
-373
5 273
-373
14 350

Estimated living cost  is ₽42132 per week

₽29858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽670
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7806
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
₽13121
₽11929
₽10263
₽12196
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
181
other
-
-
-
10 494
unemployment
-
-
-
90
health
-
-
-
5 635
municipal
-
-
-
21 869
national
-
-
-
-
pensions
-
-
-
9 762
total
-
-
-
48 031
Employee
58 715
-
75 712
-
municipal
17 509
-
22 577
-
national
-
-
-
-
total
17 509
-
22 577
-
Employer
58 715
-
75 712
-
health
3 611
-
4 656
-
pensions
6 347
-
8 184
-
accident
117
-
151
-
unemployment
1 550
-
1 999
-
other
6 823
-
8 798
-
total
18 448
-
23 788
-
Corporate
22 337
99 500
-
-
income
4 914
21 890
-
-
total
4 914
21 890
-
-
Dividends
17 423
77 610
-
-
withholding
5 227
23 283
-
-
total
5 227
23 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
46 098
45 173
46 365
48 031
After tax
53 402
54 327
53 135
51 469
Living cost
41 206
41 206
41 206
41 206
Free-cash
12 196
13 121
11 929
10 263

Estimated living cost  is ₽41206 per week

₽27310
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4043
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽626
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9227
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10290
₽31458
₽22782
₽24421
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
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.

-
-
-
20 531
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.

-
-
-
1 130
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.

-
-
-
6 871
trade
-
-
-
8 676
total
-
-
-
37 208
Employee

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

51 004
-
99 500
-
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.

240
-
1 130
-
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.

4 382
-
20 531
-
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.

6 871
-
6 871
-
total
11 493
-
28 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 496
99 500
-
-
income
7 274
14 925
-
-
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.

401
821
-
-
chamber of commerce
221
294
-
-
trade
7 978
16 368
-
-
total
15 874
32 408
-
-
Dividends
32 623
67 092
-
-
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.

428
901
-
-
withholding
7 774
16 391
-
-
total
8 202
17 292
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 569
49 700
28 532
37 208
After tax
63 931
49 800
70 968
62 292
Living cost
39 510
39 510
39 510
39 510
Free-cash
24 421
10 290
31 458
22 782

Estimated living cost  is ₽39510 per week

₽26424
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4166
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8329
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40218
₽38010
₽38110
₽36048
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
10 709
social contributions
-
-
-
15 523
health
-
-
-
2 537
total
-
-
-
28 769
Employee
77 337
77 337
90 331
-
social contributions
3 758
6 419
7 497
-
income
8 121
7 159
10 667
-
health
769
1 315
1 536
-
total
12 648
14 893
19 700
-
Employer
77 337
77 337
90 331
-
health
838
1 431
1 672
-
social contributions
3 758
6 419
7 497
-
total
4 596
7 850
9 169
-
Corporate
49 634
14 313
-
-
income
6 205
1 788
-
-
total
6 205
1 788
-
-
Dividends
43 430
12 524
-
-
withholding
7 382
2 130
-
-
total
7 382
2 130
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 831
26 661
28 869
28 769
After tax
68 669
72 839
70 631
70 731
Living cost
32 621
32 621
32 621
32 621
Free-cash
36 048
40 218
38 010
38 110

Estimated living cost  is ₽32621 per week

₽22300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2548
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.
₽7226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37605
₽39227
₽50473
₽37989
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
12 164
unemployment
-
-
-
1 493
health
-
-
-
6 965
pensions
-
-
-
9 950
total
-
-
-
30 572
Employee

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
83 264
-
unemployment
400
159
1 249
-
pensions
2 664
1 060
8 326
-
income
3 257
1 296
10 179
-
health
1 865
742
5 828
-
total
8 186
3 257
25 582
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 641
10 603
83 264
-
pensions
5 195
2 068
16 236
-
total
5 195
2 068
16 236
-
Corporate
67 664
86 830
-
-
income
6 090
7 815
-
-
total
6 090
7 815
-
-
Dividends
61 575
79 015
-
-
social contributions
11 886
15 287
-
-
withholding
11 699
15 013
-
-
total
23 585
30 300
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 056
43 440
41 818
30 572
After tax
56 444
56 060
57 682
68 928
Living cost
18 455
18 455
18 455
18 455
Free-cash
37 989
37 605
39 227
50 473

Estimated living cost  is ₽18455 per week

₽12594
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1510
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽369
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3982
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽55306
₽33058
₽29040
₽49059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
13 333
health
-
-
-
12 935
pensions
-
-
-
19 899
total
-
-
-
46 167
Employee
28 531
-
74 364
-
unemployment
456
-
1 189
-
pensions
571
-
1 487
-
income
3 212
-
14 337
-
total
4 239
-
17 013
-
Employer
28 531
-
74 364
-
health
3 708
-
9 667
-
pensions
5 707
-
14 874
-
unemployment
229
-
595
-
total
9 644
-
25 136
-
Corporate
61 324
99 500
-
-
income
12 265
19 901
-
-
total
12 265
19 901
-
-
Dividends
49 060
79 599
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
26 148
19 901
42 149
46 167
After tax
73 352
79 599
57 351
53 333
Living cost
24 292
24 292
24 292
24 292
Free-cash
49 059
55 306
33 058
29 040

Estimated living cost  is ₽24292 per week

₽16662
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1447
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5695
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14340
₽28841
₽45907
₽4624
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
257
income
-
-
-
24 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 193
Employee
35 237
-
84 789
-
pensions
3 968
-
7 768
-
income
4 834
-
16 072
-
health
4 035
-
9 708
-
total
12 837
-
33 548
-
Employer
35 237
-
84 789
-
pensions
5 730
-
11 218
-
accident
588
-
1 416
-
unemployment
863
-
2 077
-
total
7 181
-
14 711
-
Corporate
57 082
99 500
-
-
income

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

51 374
89 550
-
-
total
51 374
89 550
-
-
Dividends
5 708
9 950
-
-
withholding
1 084
1 890
-
-
total
1 084
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 476
91 440
48 259
31 193
After tax
27 024
8 060
51 241
68 307
Living cost
22 400
22 400
22 400
22 400
Free-cash
4 624
-14 340
28 841
45 907

Estimated living cost  is ₽22400 per week

₽16417
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1241
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽468
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4275
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86385
₽71460
₽90365
₽84859
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
99 500
microenterprise

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

-
-
-
995
total
-
-
-
995
Employee
10 174
-
99 500
-
income
2 035
-
19 900
-
total
2 035
-
19 900
-
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%.

89 326
99 500
-
-
total
-
-
-
-
Dividends
89 326
99 500
-
-
withholding
4 466
4 975
-
-
total
4 466
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
6 501
4 975
19 900
995
After tax
92 999
94 525
79 600
98 505
Living cost
8 140
8 140
8 140
8 140
Free-cash
84 859
86 385
71 460
90 365

Estimated living cost  is ₽8140 per week

₽5044
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽677
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽224
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2195
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46304
₽31456
₽27078
₽39509
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
12 639
other
-
-
-
4 726
health
-
-
-
4 378
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.

-
-
-
23 880
total
-
-
-
45 623
Employee
36 518
-
79 473
-
unemployment
365
-
794
-
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.

2 556
-
5 564
-
income
6 287
-
13 746
-
health
512
-
1 113
-
total
9 720
-
21 217
-
Employer
36 518
-
79 473
-
health
512
-
1 113
-
pensions

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

6 209
-
13 511
-
accident
292
-
636
-
unemployment
365
-
794
-
other
1 827
-
3 974
-
total
9 205
-
20 028
-
Corporate
53 779
99 500
-
-
income
11 293
20 895
-
-
total
11 293
20 895
-
-
Dividends
42 486
78 605
-
-
withholding
2 974
5 502
-
-
total
2 974
5 502
-
-
Income
99 500
99 500
99 500
99 500
Total tax
33 192
26 397
41 245
45 623
After tax
66 308
73 103
58 255
53 877
Living cost
26 799
26 799
26 799
26 799
Free-cash
39 509
46 304
31 456
27 078

Estimated living cost  is ₽26799 per week

₽18935
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1809
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6530
-₽4521
₽4982
-₽8062
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 374
pensions
-
-
-
7 285
total
-
-
-
27 659
Employee
94 595
-
87 629
-
pensions
9 126
-
8 289
-
income
17 052
-
15 586
-
health
1 559
-
1 416
-
total
27 737
-
25 291
-
Employer
94 595
-
87 629
-
health
1 797
-
1 664
-
pensions
11 169
-
10 207
-
total
12 966
-
11 871
-
Corporate
-
99 500
-
-
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.

-
18 906
-
-
total
-
18 906
-
-
Dividends
-
80 594
-
-
withholding
-
7 205
-
-
total
-
7 205
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 703
26 111
37 162
27 659
After tax
58 797
73 389
62 338
71 841
Living cost
66 859
66 859
66 859
66 859
Free-cash
-8 062
6 530
-4 521
4 982

Estimated living cost  is ₽66859 per week

₽50099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7856
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽544
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8362
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽71867
₽65039
₽61977
₽67188
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
14 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
24 318
Employee
17 485
-
92 598
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
pensions

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

1 535
-
3 089
-
income
1 748
-
9 260
-
health
804
-
1 618
-
total
4 280
-
14 354
-
Employer
17 485
-
92 598
-
health
1 207
-
2 427
-
pensions

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

1 927
-
3 877
-
accident

We are using the highest rate at 1.1%.

193
-
387
-
unemployment
105
-
211
-
total
3 432
-
6 902
-
Corporate
78 584
99 500
-
-
income
7 859
9 950
-
-
total
7 859
9 950
-
-
Dividends
70 726
89 550
-
-
withholding
3 536
4 478
-
-
total
3 536
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 107
14 428
21 256
24 318
After tax
80 393
85 072
78 244
75 182
Living cost
13 205
13 205
13 205
13 205
Free-cash
67 188
71 867
65 039
61 977

Estimated living cost  is ₽13205 per week

₽7709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽943
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽350
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4203
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8365
-₽14011
₽712
-₽10071
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
19 244
health
-
-
-
11 990
pensions
-
-
-
11 784
total
-
-
-
43 018
Employee
93 245
85 887
85 887
-
pensions
11 784
11 784
15 460
-
income

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

14 058
14 058
14 058
-
health
11 633
11 213
13 183
-
total
37 475
37 055
42 701
-
Employer
93 245
85 887
85 887
-
health
6 480
5 970
5 970
-
pensions
6 489
5 978
5 978
-
unemployment
3 357
3 092
3 092
-
total
16 326
15 040
15 040
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
53 801
52 095
57 741
43 018
After tax
45 699
47 405
41 759
56 482
Living cost
55 770
55 770
55 770
55 770
Free-cash
-10 071
-8 365
-14 011
712

Estimated living cost  is ₽55770 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽639
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9010
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽43513
₽25501
₽23468
₽34596
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
8 552
social contributions
-
-
-
29 054
solidarity contribution
-
-
-
-
health
-
-
-
13 433
total
-
-
-
51 039
Employee
36 754
-
74 254
-
solidarity contribution
-
-
-
-
social contributions
2 389
-
4 826
-
income
4 411
-
8 910
-
health
4 962
-
10 024
-
total
11 762
-
23 760
-
Employer
36 754
-
74 254
-
health
3 308
-
6 683
-
social contributions
9 189
-
18 563
-
total
12 497
-
25 246
-
Corporate
50 249
99 500
-
-
income
9 547
18 905
-
-
total
9 547
18 905
-
-
Dividends
40 702
80 595
-
-
withholding
6 105
12 089
-
-
total
6 105
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 911
30 994
49 006
51 039
After tax
59 589
68 506
50 494
48 461
Living cost
24 993
24 993
24 993
24 993
Free-cash
34 596
43 513
25 501
23 468

Estimated living cost  is ₽24993 per week

₽17360
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1778
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10648
₽3987
₽8721
₽5398
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 592
regional
-
-
-
1 095
municipal
-
-
-
592
national
-
-
-
21 061
total
-
-
-
48 340
Employee
89 385
-
99 500
-
municipal
473
-
527
-
national
15 488
-
18 036
-
regional
843
-
960
-
social contributions
30 141
-
33 551
-
total
46 945
-
53 074
-
Employer
89 385
-
99 500
-
total
-
-
-
-
Corporate
10 115
99 500
-
-
municipal
395
3 880
-
-
nationa
2 428
23 880
-
-
total
2 823
27 760
-
-
Dividends
7 293
71 739
-
-
withholding
1 895
18 653
-
-
total
1 895
18 653
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 663
46 413
53 074
48 340
After tax
47 837
53 087
46 426
51 160
Living cost
42 439
42 439
42 439
42 439
Free-cash
5 398
10 648
3 987
8 721

Estimated living cost  is ₽42439 per week

₽29583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽651
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9421
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40393
₽27184
₽29107
₽37262
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
18 737
other
-
-
-
-
surtax
-
-
-
2 267
unemployment
-
-
-
229
health
-
-
-
7 066
pensions
-
-
-
19 901
total
-
-
-
48 200
Employee
33 259
-
82 197
-
other
-
-
-
-
unemployment
2 315
-
5 720
-
pensions
2 218
-
5 483
-
surtax
109
-
2 046
-
income
5 575
-
17 475
-
health
849
-
2 096
-
total
11 066
-
32 820
-
Employer
33 259
-
82 197
-
health
1 514
-
3 741
-
pensions
4 434
-
10 957
-
unemployment
1 054
-
2 605
-
other
-
-
-
-
total
7 002
-
17 303
-
Corporate
59 240
99 500
-
-
income
15 402
25 869
-
-
total
15 402
25 869
-
-
Dividends
43 837
73 631
-
-
withholding
6 575
11 045
-
-
total
6 575
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 045
36 914
50 123
48 200
After tax
59 455
62 586
49 377
51 300
Living cost
22 193
22 193
22 193
22 193
Free-cash
37 262
40 393
27 184
29 107

Estimated living cost  is ₽22193 per week

₽13570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2048
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27713
₽16662
₽26165
₽21006
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 374
pensions
-
-
-
7 285
total
-
-
-
27 659
Employee
63 395
-
87 629
-
pensions
5 381
-
8 289
-
income
11 418
-
15 586
-
health
920
-
1 416
-
total
17 719
-
25 291
-
Employer
63 395
-
87 629
-
health
1 204
-
1 664
-
pensions
6 863
-
10 207
-
total
8 067
-
11 871
-
Corporate
28 038
99 500
-
-
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.

5 328
18 906
-
-
total
5 328
18 906
-
-
Dividends
22 710
80 594
-
-
withholding
1 704
7 205
-
-
total
1 704
7 205
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 818
26 111
37 162
27 659
After tax
66 682
73 389
62 338
71 841
Living cost
45 676
45 676
45 676
45 676
Free-cash
21 006
27 713
16 662
26 165

Estimated living cost  is ₽45676 per week

₽34220
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3424
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽34247
-₽1576
₽3481
-₽2713
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
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.

-
-
-
1 991
regional
-
-
-
3 287
health
-
-
-
260
city
-
-
-
1 049
national
-
-
-
534
pensions
-
-
-
9 153
total
-
-
-
16 274
Employee
93 322
-
89 059
-
unemployment
-
-
-
-
pensions
7 840
-
7 480
-
national
442
-
407
-
regional
3 056
-
2 824
-
city
1 002
-
956
-
health
211
-
201
-
total
12 551
-
11 868
-
Employer
93 322
-
89 059
-
health
211
-
201
-
pensions
7 840
-
7 480
-
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.

1 866
-
1 782
-
total
9 917
-
9 463
-
Corporate
-
99 500
-
-
regional
-
21 045
-
-
national
-
8 457
-
-
total
-
29 502
-
-
Dividends
-
69 998
-
-
withholding
-
24 500
-
-
total
-
24 500
-
-
Income
99 500
99 500
99 500
99 500
Total tax
22 468
54 002
21 331
16 274
After tax
77 032
45 498
78 169
83 226
Living cost
79 745
79 745
79 745
79 745
Free-cash
-2 713
-34 247
-1 576
3 481

Estimated living cost  is ₽79745 per week

₽51857
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7156
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽979
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽3215
₽24894
₽15849
₽19524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
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.

-
-
-
20 531
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.

-
-
-
1 130
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.

-
-
-
6 871
trade
-
-
-
9 045
total
-
-
-
37 577
Employee

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

60 444
-
99 500
-
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.

391
-
1 130
-
income

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

7 108
-
20 531
-
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.

6 871
-
6 871
-
total
14 370
-
28 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 056
99 500
-
-
income
5 859
14 925
-
-
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.

323
821
-
-
chamber of commerce
208
292
-
-
trade
6 697
17 065
-
-
total
13 087
33 103
-
-
Dividends
25 969
66 397
-
-
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.

336
891
-
-
withholding
6 109
16 217
-
-
total
6 445
17 108
-
-
Income
99 500
99 500
99 500
99 500
Total tax
33 902
50 211
28 532
37 577
After tax
65 598
49 289
70 968
61 923
Living cost
46 074
46 074
46 074
46 074
Free-cash
19 524
3 215
24 894
15 849

Estimated living cost  is ₽46074 per week

₽33650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽599
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8140
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15737
₽21857
₽22918
₽21679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
9 323
other
-
-
-
3 088
surtax
-
-
-
-
social contributions
-
-
-
2 834
health
-
-
-
1 783
pensions
-
-
-
25 144
total
-
-
-
42 172
Employee
43 044
-
75 818
-
pensions
4 867
-
8 575
-
surtax
-
-
-
-
social contributions
1 227
-
2 161
-
income
2 540
-
8 819
-
total
8 634
-
19 555
-
Employer
43 044
-
75 818
-
health
3 014
-
5 308
-
pensions
7 071
-
12 457
-
unemployment
1 743
-
3 071
-
social contributions
130
-
227
-
other
1 485
-
2 615
-
total
13 443
-
23 678
-
Corporate
43 013
99 500
-
-
income
12 043
27 860
-
-
surtax
-
-
-
-
total
12 043
27 860
-
-
Dividends
30 970
71 640
-
-
surtax
-
-
-
-
social contributions
5 327
12 322
-
-
withholding
3 964
9 171
-
-
total
9 291
21 493
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 411
49 353
43 233
42 172
After tax
56 089
50 147
56 267
57 328
Living cost
34 410
34 410
34 410
34 410
Free-cash
21 679
15 737
21 857
22 918

Estimated living cost  is ₽34410 per week

₽21697
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2798
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9331
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19146
₽25266
₽26327
₽24732
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
9 323
other
-
-
-
3 088
surtax
-
-
-
-
social contributions
-
-
-
2 834
health
-
-
-
1 783
pensions
-
-
-
25 144
total
-
-
-
42 172
Employee
38 423
-
75 818
-
pensions
4 346
-
8 575
-
surtax
-
-
-
-
social contributions
1 096
-
2 161
-
income
1 981
-
8 819
-
total
7 423
-
19 555
-
Employer
38 423
-
75 818
-
health
2 689
-
5 308
-
pensions
6 314
-
12 457
-
unemployment
1 556
-
3 071
-
social contributions
115
-
227
-
other
1 326
-
2 615
-
total
12 000
-
23 678
-
Corporate
49 077
99 500
-
-
income
13 742
27 860
-
-
surtax
-
-
-
-
total
13 742
27 860
-
-
Dividends
35 336
71 640
-
-
surtax
-
-
-
-
social contributions
6 079
12 322
-
-
withholding
4 523
9 171
-
-
total
10 602
21 493
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 767
49 353
43 233
42 172
After tax
55 733
50 147
56 267
57 328
Living cost
31 001
31 001
31 001
31 001
Free-cash
24 732
19 146
25 266
26 327

Estimated living cost  is ₽31001 per week

₽17979
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3149
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9285
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39375
₽42802
₽42573
₽39900
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
14 925
social contributions
-
-
-
13 730
health
-
-
-
6 945
total
-
-
-
35 600
Employee
34 101
-
99 500
-
social contributions
4 707
-
13 730
-
income
5 688
-
14 696
-
health
2 380
-
6 945
-
total
12 775
-
35 371
-
Employer
34 101
-
99 500
-
total
-
-
-
-
Corporate
65 399
99 500
-
-
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%.

3 269
4 976
-
-
total
3 269
4 976
-
-
Dividends
62 130
94 524
-
-
social contributions
8 573
13 045
-
-
withholding
9 320
14 179
-
-
health
4 336
6 598
-
-
total
22 229
33 822
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 273
38 798
35 371
35 600
After tax
61 227
60 702
64 129
63 900
Living cost
21 327
21 327
21 327
21 327
Free-cash
39 900
39 375
42 802
42 573

Estimated living cost  is ₽21327 per week

₽14272
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1315
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.
₽5247
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20359
-₽5114
₽15030
₽18800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
16 246
surtax
-
-
-
198
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
399
health
-
-
-
7 611
pensions
-
-
-
18 408
total
-
-
-
49 031
Employee
50 263
40 080
77 110
-
other
502
401
771
-
unemployment
1 508
1 202
2 313
-
pensions
5 147
4 103
7 896
-
income
5 722
2 956
14 498
-
health
1 945
1 552
2 985
-
total
14 824
10 214
28 463
-
Employer
50 263
40 080
77 110
-
chamber of commerce
200
160
309
-
health
1 899
1 515
2 914
-
pensions
6 308
5 031
9 677
-
accident
653
521
1 002
-
unemployment
1 508
1 202
2 313
-
surtax
198
198
198
-
payroll
1 508
1 202
2 313
-
other
2 388
1 903
3 663
-
total
14 662
11 732
22 389
-
Corporate
34 575
47 685
73 293
-
income

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

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

8 644
11 921
18 323
-
total
8 644
11 921
18 323
-
Dividends
25 931
35 764
-
-
withholding
7 131
9 835
-
-
total
7 131
9 835
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 261
43 702
69 175
49 031
After tax
54 239
55 798
30 325
50 469
Living cost
35 439
35 439
35 439
35 439
Free-cash
18 800
20 359
-5 114
15 030

Estimated living cost  is ₽35439 per week

₽23636
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3023
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽582
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19135
₽2187
₽10194
₽4052
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
communal

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

-
-
-
5 043
social contributions
-
-
-
15 463
national
-
-
-
32 129
total
-
-
-
52 635
Employee

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

71 942
-
77 063
-
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.

626
-
670
-
communal

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

3 752
-
4 020
-
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.

5 396
-
5 779
-
national
22 118
-
24 122
-
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.

3 380
-
3 621
-
total
35 272
-
38 212
-
Employer

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

71 942
-
77 063
-
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.

4 424
-
4 739
-
pensions

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

6 375
-
6 827
-
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.

935
-
1 002
-
unemployment

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

1 050
-
1 124
-
surtax
8 157
-
8 738
-
total
20 941
-
22 430
-
Corporate
6 617
99 500
-
-
income
1 323
19 901
-
-
surtax
27
399
-
-
total
1 350
20 300
-
-
Dividends
5 268
79 200
-
-
withholding

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

1 214
23 394
-
-
total
1 214
23 394
-
-
Income
99 500
99 500
99 500
99 500
Total tax
58 777
43 694
60 642
52 635
After tax
40 723
55 806
38 858
46 865
Living cost
36 671
36 671
36 671
36 671
Free-cash
4 052
19 135
2 187
10 194

Estimated living cost  is ₽36671 per week

₽23621
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3206
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽574
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9270
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30721
₽16397
₽16948
₽22708
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
840
income
-
-
-
18 262
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
46 230
Employee
50 064
-
75 448
-
other
50
-
76
-
unemployment
777
-
1 170
-
pensions
2 353
-
3 546
-
income
10 563
-
17 938
-
total
13 743
-
22 730
-
Employer
50 064
-
75 448
-
pensions
11 814
-
17 805
-
accident
991
-
1 494
-
unemployment
2 754
-
4 149
-
other
399
-
603
-
total
15 958
-
24 051
-
Corporate
33 479
99 500
-
-
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.

5 022
14 925
-
-
total
5 022
14 925
-
-
Dividends
28 457
84 575
-
-
withholding
5 747
17 532
-
-
total
5 747
17 532
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 470
32 457
46 781
46 230
After tax
59 030
67 043
52 719
53 270
Living cost
36 322
36 322
36 322
36 322
Free-cash
22 708
30 721
16 397
16 948

Estimated living cost  is ₽36322 per week

₽26747
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2577
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6277
₽6934
₽2433
-₽522
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
communal
-
-
-
6 289
accident
-
-
-
840
income
-
-
-
8 445
surtax
-
-
-
4 932
health
-
-
-
6 991
pensions
-
-
-
14 914
total
-
-
-
42 411
Employee
76 164
-
88 881
-
pensions
6 092
-
7 110
-
surtax
4 668
-
5 447
-
income
7 357
-
10 778
-
health
3 390
-
3 955
-
total
21 507
-
27 290
-
Employer
76 164
-
88 881
-
health
2 323
-
2 710
-
pensions
6 092
-
7 110
-
accident
685
-
800
-
total
9 100
-
10 620
-
Corporate
14 235
99 500
-
-
communal
-
6 716
-
-
income
2 136
14 925
-
-
surtax
149
1 044
-
-
total
2 285
22 685
-
-
Dividends
11 951
76 814
-
-
income
10 682
4 360
-
-
withholding
1 792
11 522
-
-
total
12 474
15 882
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 366
38 567
37 910
42 411
After tax
54 134
60 933
61 590
57 089
Living cost
54 656
54 656
54 656
54 656
Free-cash
-522
6 277
6 934
2 433

Estimated living cost  is ₽54656 per week

₽41000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9764
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39996
₽26787
₽28710
₽36796
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
18 737
other
-
-
-
-
surtax
-
-
-
2 267
unemployment
-
-
-
229
health
-
-
-
7 066
pensions
-
-
-
19 901
total
-
-
-
48 200
Employee
33 870
-
82 197
-
other
-
-
-
-
unemployment
2 357
-
5 720
-
pensions
2 260
-
5 483
-
surtax
120
-
2 046
-
income
5 678
-
17 475
-
health
865
-
2 096
-
total
11 280
-
32 820
-
Employer
33 870
-
82 197
-
health
1 540
-
3 741
-
pensions
4 516
-
10 957
-
unemployment
1 075
-
2 605
-
other
-
-
-
-
total
7 131
-
17 303
-
Corporate
58 499
99 500
-
-
income
15 210
25 869
-
-
total
15 210
25 869
-
-
Dividends
43 290
73 631
-
-
withholding
6 493
11 045
-
-
total
6 493
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 114
36 914
50 123
48 200
After tax
59 386
62 586
49 377
51 300
Living cost
22 590
22 590
22 590
22 590
Free-cash
36 796
39 996
26 787
28 710

Estimated living cost  is ₽22590 per week

₽13639
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1964
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.
₽6464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25206
₽18954
₽23661
₽22973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 592
regional
-
-
-
1 501
municipal
-
-
-
592
national
-
-
-
21 061
total
-
-
-
48 746
Employee
55 790
-
99 500
-
municipal
296
-
527
-
national
8 839
-
18 036
-
regional
751
-
1 339
-
social contributions
18 813
-
33 551
-
total
28 699
-
53 453
-
Employer
55 790
-
99 500
-
total
-
-
-
-
Corporate
43 710
99 500
-
-
municipal
2 172
4 945
-
-
nationa
10 490
23 880
-
-
total
12 662
28 825
-
-
Dividends
31 048
70 674
-
-
withholding
8 073
18 376
-
-
total
8 073
18 376
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 434
47 201
53 453
48 746
After tax
50 066
52 299
46 047
50 754
Living cost
27 093
27 093
27 093
27 093
Free-cash
22 973
25 206
18 954
23 661

Estimated living cost  is ₽27093 per week

₽16849
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2745
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽464
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7035
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37708
₽19696
₽17663
₽26721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
8 552
social contributions
-
-
-
29 054
solidarity contribution
-
-
-
-
health
-
-
-
13 433
total
-
-
-
51 039
Employee
45 291
-
74 254
-
solidarity contribution
-
-
-
-
social contributions
2 944
-
4 826
-
income
5 435
-
8 910
-
health
6 114
-
10 024
-
total
14 493
-
23 760
-
Employer
45 291
-
74 254
-
health
4 076
-
6 683
-
social contributions
11 323
-
18 563
-
total
15 399
-
25 246
-
Corporate
38 810
99 500
-
-
income
7 374
18 905
-
-
total
7 374
18 905
-
-
Dividends
31 436
80 595
-
-
withholding
4 715
12 089
-
-
total
4 715
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
41 981
30 994
49 006
51 039
After tax
57 519
68 506
50 494
48 461
Living cost
30 798
30 798
30 798
30 798
Free-cash
26 721
37 708
19 696
17 663

Estimated living cost  is ₽30798 per week

₽22903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1706
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5656
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23817
-₽1724
₽18580
₽23318
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
16 246
surtax
-
-
-
-
unemployment
-
-
-
6 169
chamber of commerce
-
-
-
399
health
-
-
-
7 611
pensions
-
-
-
18 408
total
-
-
-
48 833
Employee
43 964
40 080
77 261
-
other
439
401
773
-
unemployment
1 319
1 202
2 317
-
pensions
4 502
4 103
7 911
-
income
3 916
2 956
14 549
-
health
1 701
1 552
2 991
-
total
11 877
10 214
28 541
-
Employer
43 964
40 080
77 261
-
chamber of commerce
176
160
309
-
health
1 662
1 515
2 920
-
pensions
5 518
5 031
9 696
-
accident
571
521
1 004
-
unemployment
1 319
1 202
2 317
-
surtax
-
-
-
-
payroll
1 319
1 202
2 317
-
other
2 088
1 903
3 670
-
total
12 653
11 534
22 233
-
Corporate
42 884
47 884
73 450
-
income

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

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

10 721
11 971
18 363
-
total
10 721
11 971
18 363
-
Dividends
32 163
35 913
-
-
withholding
8 844
9 877
-
-
total
8 844
9 877
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 095
43 596
69 137
48 833
After tax
55 405
55 904
30 363
50 667
Living cost
32 087
32 087
32 087
32 087
Free-cash
23 318
23 817
-1 724
18 580

Estimated living cost  is ₽32087 per week

₽19248
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3277
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.
₽8989
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽81841
₽66916
₽85821
₽79463
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
99 500
microenterprise

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

-
-
-
995
total
-
-
-
995
Employee
15 855
-
99 500
-
income
3 171
-
19 900
-
total
3 171
-
19 900
-
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%.

83 645
99 500
-
-
total
-
-
-
-
Dividends
83 645
99 500
-
-
withholding
4 182
4 975
-
-
total
4 182
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
7 353
4 975
19 900
995
After tax
92 147
94 525
79 600
98 505
Living cost
12 684
12 684
12 684
12 684
Free-cash
79 463
81 841
66 916
85 821

Estimated living cost  is ₽12684 per week

₽8583
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽532
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3142
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽41530
₽21699
₽24550
₽33118
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
19 862
unemployment
-
-
-
149
health
-
-
-
9 791
pensions
-
-
-
18 172
total
-
-
-
47 974
Employee

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

44 474
-
86 096
-
unemployment
63
-
120
-
pensions
6 894
-
13 345
-
income
7 670
-
18 394
-
health
2 872
-
5 562
-
total
17 499
-
37 421
-
Employer

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

44 474
-
86 096
-
health
2 962
-
5 733
-
pensions
3 936
-
7 619
-
unemployment
27
-
52
-
total
6 925
-
13 404
-
Corporate
48 101
99 500
-
-
income
9 138
18 905
-
-
total
9 138
18 905
-
-
Dividends
38 963
80 595
-
-
withholding
5 844
12 089
-
-
total
5 844
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 406
30 994
50 825
47 974
After tax
60 094
68 506
48 675
51 526
Living cost
26 976
26 976
26 976
26 976
Free-cash
33 118
41 530
21 699
24 550

Estimated living cost  is ₽26976 per week

₽18513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16533
₽42081
₽24759
-₽52557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
19 395
social contributions
-
-
-
11 343
total
-
-
-
30 738
Employee
63 094
-
-
-
social contributions
5 174
-
737
-
income
13 917
-
-
-
total
19 091
-
737
-
Employer
63 094
-
-
-
social contributions
88 963
-
12 679
-
total
88 963
-
12 679
-
Corporate
-
99 500
-
-
income
-
21 890
-
-
total
-
21 890
-
-
Dividends
-
77 610
-
-
income
-
17 074
-
-
total
-
17 074
-
-
Income
99 500
99 500
99 500
99 500
Total tax
108 054
38 964
13 416
30 738
After tax
-8 554
60 536
86 084
68 762
Living cost
44 003
44 003
44 003
44 003
Free-cash
-52 557
16 533
42 081
24 759

Estimated living cost  is ₽44003 per week

₽28551
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4138
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10753
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25048
₽19181
₽24147
₽24036
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
9 230
surtax
-
-
-
-
social contributions

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

-
-
-
34 576
total
-
-
-
43 806
Employee
46 257
-
80 405
-
surtax
-
-
-
-
social contributions
5 088
-
8 844
-
income
9 622
-
20 833
-
total
14 710
-
29 677
-
Employer
46 257
-
80 405
-
social contributions
10 986
-
19 095
-
total
10 986
-
19 095
-
Corporate
42 258
99 500
-
-
income
8 875
20 895
-
-
surtax
-
-
-
-
total
8 875
20 895
-
-
Dividends
33 383
78 605
-
-
withholding
9 346
22 010
-
-
total
9 346
22 010
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 917
42 905
48 772
43 806
After tax
55 583
56 595
50 728
55 694
Living cost
31 547
31 547
31 547
31 547
Free-cash
24 036
25 048
19 181
24 147

Estimated living cost  is ₽31547 per week

₽23604
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1571
₽7691
₽8752
₽8485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
9 323
other
-
-
-
3 088
surtax
-
-
-
-
social contributions
-
-
-
2 834
health
-
-
-
1 783
pensions
-
-
-
25 144
total
-
-
-
42 172
Employee
62 992
-
75 818
-
pensions
7 125
-
8 575
-
surtax
-
-
-
-
social contributions
1 794
-
2 161
-
income
5 496
-
8 819
-
total
14 415
-
19 555
-
Employer
62 992
-
75 818
-
health
4 409
-
5 308
-
pensions
10 350
-
12 457
-
unemployment
2 552
-
3 071
-
social contributions
189
-
227
-
other
2 174
-
2 615
-
total
19 674
-
23 678
-
Corporate
16 834
99 500
-
-
income
4 714
27 860
-
-
surtax
-
-
-
-
total
4 714
27 860
-
-
Dividends
12 120
71 640
-
-
surtax
-
-
-
-
social contributions
2 084
12 322
-
-
withholding
1 552
9 171
-
-
total
3 636
21 493
-
-
Income
99 500
99 500
99 500
99 500
Total tax
42 439
49 353
43 233
42 172
After tax
57 061
50 147
56 267
57 328
Living cost
48 576
48 576
48 576
48 576
Free-cash
8 485
1 571
7 691
8 752

Estimated living cost  is ₽48576 per week

₽32876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59318
₽48368
₽45725
₽55939
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
1 653
social contributions
-
-
-
21 890
total
-
-
-
23 543
Employee
32 334
-
86 146
-
income
-
-
1 947
-
social contributions
2 101
-
5 600
-
total
2 101
-
7 547
-
Employer
32 334
-
86 146
-
social contributions
5 012
-
13 353
-
total
5 012
-
13 353
-
Corporate
62 154
99 500
-
-
income
6 216
9 950
-
-
total
6 216
9 950
-
-
Dividends
55 938
89 550
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
13 329
9 950
20 900
23 543
After tax
86 171
89 550
78 600
75 957
Living cost
30 232
30 232
30 232
30 232
Free-cash
55 939
59 318
48 368
45 725

Estimated living cost  is ₽30232 per week

₽19548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2279
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.
₽7837
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽119526
-₽119526
₽13365
-₽119526
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
labour market
-
-
-
7 890
municipal
-
-
-
18 423
national
-
-
-
10 537
pensions
-
-
-
871
total
-
-
-
37 721
Employee
204 345
204 345
204 345
-
municipal
43 514
43 514
43 514
-
labour market
16 324
16 324
16 324
-
pensions
290
290
290
-
national
24 964
24 964
24 964
-
total
85 092
85 092
85 092
-
Employer
204 345
204 345
204 345
-
national
25 008
25 008
25 008
-
labour market
16 348
16 348
16 348
-
pensions
581
581
581
-
municipal
43 583
43 583
43 583
-
total
85 520
85 520
85 520
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
170 612
170 612
170 612
37 721
After tax
-71 112
-71 112
-71 112
61 779
Living cost
48 414
48 414
48 414
48 414
Free-cash
-119 526
-119 526
-119 526
13 365

Estimated living cost  is ₽48414 per week

₽33135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4283
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽745
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10252
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14010
₽29171
₽46237
₽4673
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
257
income
-
-
-
24 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 193
Employee
34 717
-
84 789
-
pensions
3 909
-
7 768
-
income
4 763
-
16 072
-
health
3 975
-
9 708
-
total
12 647
-
33 548
-
Employer
34 717
-
84 789
-
pensions
5 645
-
11 218
-
accident
580
-
1 416
-
unemployment
851
-
2 077
-
total
7 076
-
14 711
-
Corporate
57 707
99 500
-
-
income

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

51 937
89 550
-
-
total
51 937
89 550
-
-
Dividends
5 771
9 950
-
-
withholding
1 097
1 890
-
-
total
1 097
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 757
91 440
48 259
31 193
After tax
26 743
8 060
51 241
68 307
Living cost
22 070
22 070
22 070
22 070
Free-cash
4 673
-14 010
29 171
46 237

Estimated living cost  is ₽22070 per week

₽16064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4333
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27626
₽18237
₽32161
₽25330
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
99 500
health
-
-
-
1 113
municipal
-
-
-
17 710
national
-
-
-
9 903
total
-
-
-
28 726
Employee
52 914
-
83 704
-
municipal
8 667
-
13 667
-
unemployment
794
-
1 256
-
pensions
3 571
-
5 649
-
national
874
-
5 415
-
health
395
-
868
-
total
14 301
-
26 855
-
Employer
52 914
-
83 704
-
health
407
-
645
-
pensions
9 180
-
14 522
-
accident
53
-
84
-
unemployment
344
-
544
-
total
9 984
-
15 795
-
Corporate
36 602
99 500
-
-
income
7 319
19 901
-
-
total
7 319
19 901
-
-
Dividends

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

21 962
59 699
-
-
municipal
3 953
10 745
-
-
national
-
2 615
-
-
total
3 953
13 360
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 557
33 261
42 650
28 726
After tax
63 943
66 239
56 850
70 774
Living cost
38 613
38 613
38 613
38 613
Free-cash
25 330
27 626
18 237
32 161

Estimated living cost  is ₽38613 per week

₽25222
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3714
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽615
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9064
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49553
₽47345
₽47445
₽44080
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
10 709
social contributions
-
-
-
15 523
health
-
-
-
2 537
total
-
-
-
28 769
Employee
77 337
77 337
90 331
-
social contributions
2 924
6 419
7 497
-
income
8 421
7 159
10 667
-
health
599
1 315
1 536
-
total
11 944
14 893
19 700
-
Employer
77 337
77 337
90 331
-
health
651
1 431
1 672
-
social contributions
2 924
6 419
7 497
-
total
3 575
7 850
9 169
-
Corporate
60 695
14 313
-
-
income
7 587
1 788
-
-
total
7 587
1 788
-
-
Dividends
53 109
12 524
-
-
withholding
9 028
2 130
-
-
total
9 028
2 130
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 134
26 661
28 869
28 769
After tax
67 366
72 839
70 631
70 731
Living cost
23 286
23 286
23 286
23 286
Free-cash
44 080
49 553
47 345
47 445

Estimated living cost  is ₽23286 per week

₽13956
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2285
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽66427
₽45407
₽63983
₽61312
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
99 500
income
-
-
-
9 482
unemployment
-
-
-
29
health
-
-
-
3 640
pensions
-
-
-
6 398
total
-
-
-
19 549
Employee

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

23 085
-
90 209
-
unemployment
115
-
450
-
pensions
3 462
-
13 532
-
income
1 578
-
7 186
-
health
1 962
-
7 667
-
total
7 117
-
28 835
-
Employer

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

23 085
-
90 209
-
health
992
-
3 878
-
pensions
1 269
-
4 962
-
unemployment
115
-
450
-
total
2 376
-
9 290
-
Corporate
74 038
99 500
-
-
income
6 663
8 955
-
-
total
6 663
8 955
-
-
Dividends
67 376
90 545
-
-
withholding
6 064
8 150
-
-
total
6 064
8 150
-
-
Income
99 500
99 500
99 500
99 500
Total tax
22 220
17 105
38 125
19 549
After tax
77 280
82 395
61 375
79 951
Living cost
15 968
15 968
15 968
15 968
Free-cash
61 312
66 427
45 407
63 983

Estimated living cost  is ₽15968 per week

₽10188
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1151
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39386
₽25062
₽25613
₽34110
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
840
income
-
-
-
18 262
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
46 230
Employee
37 188
-
75 448
-
other
36
-
76
-
unemployment
576
-
1 170
-
pensions
1 748
-
3 546
-
income
7 170
-
17 938
-
total
9 530
-
22 730
-
Employer
37 188
-
75 448
-
pensions
8 776
-
17 805
-
accident
737
-
1 494
-
unemployment
2 046
-
4 149
-
other
298
-
603
-
total
11 857
-
24 051
-
Corporate
50 455
99 500
-
-
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.

7 568
14 925
-
-
total
7 568
14 925
-
-
Dividends
42 888
84 575
-
-
withholding
8 778
17 532
-
-
total
8 778
17 532
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 733
32 457
46 781
46 230
After tax
61 767
67 043
52 719
53 270
Living cost
27 657
27 657
27 657
27 657
Free-cash
34 110
39 386
25 062
25 613

Estimated living cost  is ₽27657 per week

₽18668
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2659
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5846
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60129
₽61426
₽61565
₽59808
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
33 511
health
-
-
-
1 036
pensions
-
-
-
1 429
total
-
-
-
35 976
Employee
2 983
-
97 893
-
unemployment
30
-
71
-
pensions
268
-
643
-
income
577
-
33 436
-
health
149
-
357
-
total
1 024
-
34 507
-
Employer
2 983
-
97 893
-
health
283
-
679
-
pensions
328
-
786
-
unemployment
60
-
143
-
total
671
-
1 608
-
Corporate
95 846
99 500
-
-
income
21 086
21 890
-
-
total
21 086
21 890
-
-
Dividends
74 760
77 610
-
-
withholding
14 952
15 522
-
-
total
14 952
15 522
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 733
37 412
36 115
35 976
After tax
61 767
62 088
63 385
63 524
Living cost
1 959
1 959
1 959
1 959
Free-cash
59 808
60 129
61 426
61 565

Estimated living cost  is ₽1959 per week

₽1164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽45
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽591
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽54496
₽35117
₽35116
₽49546
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
18 895
unemployment
-
-
-
1 115
health
-
-
-
7 656
pensions
-
-
-
19 325
total
-
-
-
46 991
Employee

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

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

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

26 227
-
86 196
-
unemployment
197
-
557
-
pensions
3 672
-
10 406
-
income
3 615
-
18 895
-
health
1 351
-
3 828
-
total
8 835
-
33 686
-
Employer

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

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

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

26 227
-
86 196
-
health
1 351
-
3 828
-
pensions
3 147
-
8 919
-
unemployment
197
-
557
-
total
4 695
-
13 304
-
Corporate
68 578
99 500
-
-
income
10 287
14 925
-
-
total
10 287
14 925
-
-
Dividends
58 291
84 575
-
-
withholding
8 744
12 686
-
-
total
8 744
12 686
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 561
27 611
46 990
46 991
After tax
66 939
71 889
52 510
52 509
Living cost
17 393
17 393
17 393
17 393
Free-cash
49 546
54 496
35 117
35 116

Estimated living cost  is ₽17393 per week

₽11711
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3834
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29481
₽23614
₽28580
₽29120
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
9 230
surtax
-
-
-
-
social contributions

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

-
-
-
34 576
total
-
-
-
43 806
Employee
39 035
-
80 405
-
surtax
-
-
-
-
social contributions
4 294
-
8 844
-
income
7 627
-
20 833
-
total
11 921
-
29 677
-
Employer
39 035
-
80 405
-
social contributions
9 270
-
19 095
-
total
9 270
-
19 095
-
Corporate
51 195
99 500
-
-
income
10 751
20 895
-
-
surtax
-
-
-
-
total
10 751
20 895
-
-
Dividends
40 444
78 605
-
-
withholding
11 324
22 010
-
-
total
11 324
22 010
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 266
42 905
48 772
43 806
After tax
56 234
56 595
50 728
55 694
Living cost
27 114
27 114
27 114
27 114
Free-cash
29 120
29 481
23 614
28 580

Estimated living cost  is ₽27114 per week

₽19204
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1884
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.
₽5546
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31697
₽17373
₽17924
₽24027
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
840
income
-
-
-
18 262
other
-
-
-
94
unemployment
-
-
-
653
pensions
-
-
-
26 381
total
-
-
-
46 230
Employee
48 573
-
75 448
-
other
48
-
76
-
unemployment
752
-
1 170
-
pensions
2 283
-
3 546
-
income
10 145
-
17 938
-
total
13 228
-
22 730
-
Employer
48 573
-
75 448
-
pensions
11 463
-
17 805
-
accident
962
-
1 494
-
unemployment
2 672
-
4 149
-
other
389
-
603
-
total
15 486
-
24 051
-
Corporate
35 441
99 500
-
-
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.

5 315
14 925
-
-
total
5 315
14 925
-
-
Dividends
30 125
84 575
-
-
withholding
6 098
17 532
-
-
total
6 098
17 532
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 127
32 457
46 781
46 230
After tax
59 373
67 043
52 719
53 270
Living cost
35 346
35 346
35 346
35 346
Free-cash
24 027
31 697
17 373
17 924

Estimated living cost  is ₽35346 per week

₽25384
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2748
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽498
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67747
₽60919
₽57857
₽61611
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
14 925
unemployment
-
-
-
141
health
-
-
-
4 046
pensions

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

-
-
-
5 206
total
-
-
-
24 318
Employee
22 941
-
92 598
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
pensions

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

2 014
-
3 089
-
income
2 294
-
9 260
-
health
1 055
-
1 618
-
total
5 615
-
14 354
-
Employer
22 941
-
92 598
-
health
1 583
-
2 427
-
pensions

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

2 528
-
3 877
-
accident

We are using the highest rate at 1.1%.

252
-
387
-
unemployment
138
-
211
-
total
4 501
-
6 902
-
Corporate
72 058
99 500
-
-
income
7 206
9 950
-
-
total
7 206
9 950
-
-
Dividends
64 852
89 550
-
-
withholding
3 242
4 478
-
-
total
3 242
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
20 564
14 428
21 256
24 318
After tax
78 936
85 072
78 244
75 182
Living cost
17 325
17 325
17 325
17 325
Free-cash
61 611
67 747
60 919
57 857

Estimated living cost  is ₽17325 per week

₽11459
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽992
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽413
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4462
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12508
₽32139
₽24571
₽25662
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
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.

-
-
-
20 531
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.

-
-
-
1 130
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.

-
-
-
6 871
trade
-
-
-
7 568
total
-
-
-
36 100
Employee

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

50 042
-
99 500
-
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.

227
-
1 130
-
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.

4 115
-
20 531
-
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.

6 871
-
6 871
-
total
11 213
-
28 532
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 458
99 500
-
-
income
7 419
14 925
-
-
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.

408
821
-
-
chamber of commerce
225
298
-
-
trade
7 098
14 278
-
-
total
15 150
30 322
-
-
Dividends
34 307
69 178
-
-
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.

450
929
-
-
withholding
8 196
16 912
-
-
total
8 646
17 841
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 009
48 163
28 532
36 100
After tax
64 491
51 337
70 968
63 400
Living cost
38 829
38 829
38 829
38 829
Free-cash
25 662
12 508
32 139
24 571

Estimated living cost  is ₽38829 per week

₽26785
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4178
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽563
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12358
₽10206
₽10206
₽14579
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
23 176
social contributions
-
-
-
8 826
total
-
-
-
32 002
Employee
78 672
-
99 500
-
income
14 845
-
23 176
-
social contributions
6 536
-
8 826
-
total
21 381
-
32 002
-
Employer
78 672
-
99 500
-
total
-
-
-
-
Corporate
20 828
99 500
-
-
income
2 603
12 438
-
-
total
2 603
12 438
-
-
Dividends
18 225
87 062
-
-
withholding
3 645
17 412
-
-
total
3 645
17 412
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 629
29 850
32 002
32 002
After tax
71 871
69 650
67 498
67 498
Living cost
57 292
57 292
57 292
57 292
Free-cash
14 579
12 358
10 206
10 206

Estimated living cost  is ₽57292 per week

₽43587
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4668
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.
₽8489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22853
₽36550
₽28285
₽26928
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
28 629
health

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

-
-
-
6 077
total
-
-
-
34 706
Employee
46 138
-
94 874
-
income
5 006
-
17 189
-
social contributions
4 623
-
4 626
-
total
9 629
-
21 815
-
Employer
46 138
-
94 874
-
social contributions
4 623
-
4 626
-
total
4 623
-
4 626
-
Corporate
48 740
99 500
-
-
income
17 059
34 824
-
-
total
17 059
34 824
-
-
Dividends
31 681
64 676
-
-
social contributions
4 752
5 314
-
-
total
4 752
5 314
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 063
40 138
26 441
34 706
After tax
63 437
59 362
73 059
64 794
Living cost
36 509
36 509
36 509
36 509
Free-cash
26 928
22 853
36 550
28 285

Estimated living cost  is ₽36509 per week

₽24048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2878
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.
₽9022
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36256
₽25205
₽34708
₽31777
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 374
pensions
-
-
-
7 285
total
-
-
-
27 659
Employee
50 971
-
87 629
-
pensions
3 890
-
8 289
-
income
9 282
-
15 586
-
health
665
-
1 416
-
total
13 837
-
25 291
-
Employer
50 971
-
87 629
-
health
969
-
1 664
-
pensions
5 150
-
10 207
-
total
6 119
-
11 871
-
Corporate
42 411
99 500
-
-
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.

8 058
18 906
-
-
total
8 058
18 906
-
-
Dividends
34 353
80 594
-
-
withholding
2 576
7 205
-
-
total
2 576
7 205
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 590
26 111
37 162
27 659
After tax
68 910
73 389
62 338
71 841
Living cost
37 133
37 133
37 133
37 133
Free-cash
31 777
36 256
25 205
34 708

Estimated living cost  is ₽37133 per week

₽25473
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽7778
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16195
₽26986
₽44052
₽4339
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
257
income
-
-
-
24 102
other
-
-
-
377
health
-
-
-
2 221
pensions
-
-
-
4 236
total
-
-
-
31 193
Employee
38 154
-
84 789
-
pensions
4 296
-
7 768
-
income
5 234
-
16 072
-
health
4 368
-
9 708
-
total
13 898
-
33 548
-
Employer
38 154
-
84 789
-
pensions
6 204
-
11 218
-
accident
637
-
1 416
-
unemployment
935
-
2 077
-
total
7 776
-
14 711
-
Corporate
53 571
99 500
-
-
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.

48 214
89 550
-
-
total
48 214
89 550
-
-
Dividends
5 357
9 950
-
-
withholding
1 018
1 890
-
-
total
1 018
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
70 906
91 440
48 259
31 193
After tax
28 594
8 060
51 241
68 307
Living cost
24 255
24 255
24 255
24 255
Free-cash
4 339
-16 195
26 986
44 052

Estimated living cost  is ₽24255 per week

₽17800
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1413
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4552
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Warsaw model

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Skopje , Macedonia
₽70140
₽48560
₽43319
₽66094
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
99 500
income
-
-
-
15 230
unemployment
-
-
-
1 194
work injury
-
-
-
497
health insurance
-
-
-
7 363
pensions
-
-
-
18 308
total
-
-
-
42 592
Employee

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

21 742
-
99 500
-
health insurance
1 609
-
5 953
-
unemployment
261
-
965
-
work injury
109
-
402
-
pensions
4 000
-
14 801
-
income
2 174
-
15 230
-
total
8 153
-
37 351
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 758
99 500
-
-
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%.

-
995
-
-
total
-
995
-
-
Dividends
77 758
98 505
-
-
withholding
11 664
14 776
-
-
total
11 664
14 776
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 817
15 771
37 351
42 592
After tax
79 683
83 729
62 149
56 908
Living cost
13 589
13 589
13 589
13 589
Free-cash
66 094
70 140
48 560
43 319

Estimated living cost  is ₽13589 per week

₽8418
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽424
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3759
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12343
₽5587
₽10138
₽7769
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 592
regional
-
-
-
1 976
municipal
-
-
-
666
national
-
-
-
21 061
total
-
-
-
49 295
Employee
84 751
-
99 500
-
municipal
506
-
594
-
national
14 322
-
18 036
-
regional
1 280
-
1 665
-
social contributions
28 577
-
33 551
-
total
44 685
-
53 846
-
Employer
84 751
-
99 500
-
total
-
-
-
-
Corporate
14 749
99 500
-
-
municipal
710
4 796
-
-
nationa
3 540
23 880
-
-
total
4 250
28 676
-
-
Dividends
10 499
70 823
-
-
withholding
2 729
18 414
-
-
total
2 729
18 414
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 664
47 090
53 846
49 295
After tax
47 836
52 410
45 654
50 205
Living cost
40 067
40 067
40 067
40 067
Free-cash
7 769
12 343
5 587
10 138

Estimated living cost  is ₽40067 per week

₽28144
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2756
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8560
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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