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
₽41462
₽21489
₽32755
₽32008
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 497
income

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

-
-
-
21 548
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.

-
-
-
1 186
trade
-
-
-
8 707
total
-
-
-
37 938
Employee

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

36 377
-
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.

56
-
1 186
-
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.

1 016
-
21 548
-
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.

6 497
-
6 497
-
total
7 569
-
29 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 123
99 500
-
-
chamber of commerce
235
287
-
-
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.

522
821
-
-
trade
9 943
15 671
-
-
income
9 468
14 924
-
-
total
20 168
31 703
-
-
Dividends
42 956
67 796
-
-
surtax

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

570
913
-
-
withholding
10 378
16 588
-
-
total
10 948
17 501
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 685
49 204
29 231
37 938
After tax
60 815
50 296
70 269
61 562
Living cost
28 807
28 807
28 807
28 807
Free-cash
32 008
21 489
41 462
32 755

Estimated living cost  is ₽28807 per week

₽18121
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3359
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6790
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10538
₽11786
₽9757
₽10949
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
11 940
national
-
-
-
16 064
municipal
-
-
-
10 367
total
-
-
-
39 441
Employee
77 978
-
86 017
-
municipal
9 632
-
10 752
-
national
14 925
-
16 661
-
pensions
3 119
-
3 441
-
total
27 676
-
30 854
-
Employer
77 978
-
86 017
-
pensions
6 238
-
6 881
-
social contributions
838
-
925
-
total
7 076
-
7 806
-
Corporate
9 299
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%.

1 860
19 900
-
-
total
1 860
19 900
-
-
Dividends
7 439
79 600
-
-
withholding
1 637
17 512
-
-
total
1 637
17 512
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 249
37 412
38 660
39 441
After tax
61 251
62 088
60 840
60 059
Living cost
50 302
50 302
50 302
50 302
Free-cash
10 949
11 786
10 538
9 757

Estimated living cost  is ₽50302 per week

₽34190
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4676
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10683
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36249
₽59814
₽33281
₽52012
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
31 989
income
-
-
-
14 444
surtax
-
-
-
-
microenterprise
-
-
-
-
total
-
-
-
46 433
Employee
27 791
-
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.

3 057
-
8 820
-
income
4 947
-
15 330
-
total
8 004
-
24 150
-
Employer
27 791
-
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.

6 694
-
19 315
-
total
6 694
-
19 315
-
Corporate
65 015
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%.

13 004
19 900
-
-
total
13 004
19 900
-
-
Dividends

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

52 011
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 702
19 900
43 465
46 433
After tax
71 798
79 600
56 035
53 067
Living cost
19 786
19 786
19 786
19 786
Free-cash
52 012
59 814
36 249
33 281

Estimated living cost  is ₽19786 per week

₽12623
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.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9594
₽8407
₽16611
₽2580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 645
income
-
-
-
20 259
pensions
-
-
-
11 143
total
-
-
-
43 047
Employee
81 217
81 217
84 673
-
income

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

13 294
13 294
13 294
-
pensions
14 619
11 143
11 143
-
health
12 466
10 603
10 800
-
total
40 379
35 040
35 237
-
Employer
81 217
81 217
84 673
-
unemployment
2 924
2 924
3 048
-
health
5 646
5 646
5 886
-
pensions
5 653
5 653
5 893
-
total
14 223
14 223
14 827
-
Corporate
5 057
4 060
-
-
income
1 011
812
-
-
total
1 011
812
-
-
Dividends
4 046
3 248
-
-
income
859
689
-
-
withholding
606
487
-
-
total
1 465
1 176
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 078
51 251
50 064
43 047
After tax
42 422
48 249
49 436
56 453
Living cost
39 842
39 842
39 842
39 842
Free-cash
2 580
8 407
9 594
16 611

Estimated living cost  is ₽39842 per week

₽28235
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3592
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽633
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13745
₽14937
₽12887
₽14053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
10 032
health
-
-
-
5 387
accident
-
-
-
173
pensions
-
-
-
9 332
national
-
-
-
-
unemployment
-
-
-
86
municipal
-
-
-
22 213
total
-
-
-
47 223
Employee
56 127
-
75 711
-
municipal
16 737
-
22 577
-
national
-
-
-
-
total
16 737
-
22 577
-
Employer
56 127
-
75 711
-
other
6 522
-
8 798
-
unemployment
1 482
-
1 999
-
health
3 452
-
4 656
-
accident
112
-
151
-
pensions
6 067
-
8 184
-
total
17 635
-
23 788
-
Corporate
25 737
99 500
-
-
income
5 662
21 890
-
-
total
5 662
21 890
-
-
Dividends
20 075
77 610
-
-
withholding
6 023
23 283
-
-
total
6 023
23 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
46 057
45 173
46 365
47 223
After tax
53 443
54 327
53 135
52 277
Living cost
39 390
39 390
39 390
39 390
Free-cash
14 053
14 937
13 745
12 887

Estimated living cost  is ₽39390 per week

₽26106
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3865
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽598
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8821
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32907
₽12425
₽23812
₽25788
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 497
income

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

-
-
-
21 548
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.

-
-
-
1 186
trade
-
-
-
9 095
total
-
-
-
38 326
Employee

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

48 231
-
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
-
1 186
-
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.

4 144
-
21 548
-
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.

6 497
-
6 497
-
total
10 868
-
29 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
51 269
99 500
-
-
chamber of commerce
217
285
-
-
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.

422
821
-
-
trade
8 434
16 368
-
-
income
7 690
14 924
-
-
total
16 763
32 398
-
-
Dividends
34 506
67 101
-
-
surtax

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

455
902
-
-
withholding
8 264
16 413
-
-
total
8 719
17 315
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 350
49 713
29 231
38 326
After tax
63 150
49 787
70 269
61 174
Living cost
37 362
37 362
37 362
37 362
Free-cash
25 788
12 425
32 907
23 812

Estimated living cost  is ₽37362 per week

₽24988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3940
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽558
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39039
₽41959
₽39231
₽38016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
2 538
income
-
-
-
11 495
total
-
-
-
29 421
Employee
73 133
73 133
90 331
-
social contributions
3 554
6 070
7 497
-
income
7 680
6 770
11 412
-
health
727
1 244
1 536
-
total
11 961
14 084
20 445
-
Employer
73 133
73 133
90 331
-
health
792
1 354
1 671
-
social contributions
3 554
6 070
7 497
-
total
4 346
7 424
9 168
-
Corporate
52 345
18 944
-
-
income
6 543
2 368
-
-
total
6 543
2 368
-
-
Dividends
45 803
16 576
-
-
withholding
7 786
2 817
-
-
total
7 786
2 817
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 636
26 693
29 613
29 421
After tax
68 864
72 807
69 887
70 079
Living cost
30 848
30 848
30 848
30 848
Free-cash
38 016
41 959
39 039
39 231

Estimated living cost  is ₽30848 per week

₽21088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2409
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40133
₽38493
₽51380
₽38858
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 965
income
-
-
-
12 164
pensions
-
-
-
9 950
unemployment
-
-
-
1 492
total
-
-
-
30 571
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.

25 332
10 082
83 264
-
income
3 097
1 232
10 179
-
pensions
2 533
1 008
8 326
-
health
1 773
706
5 828
-
unemployment
380
151
1 249
-
total
7 783
3 097
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.

25 332
10 082
83 264
-
pensions
4 940
1 966
16 236
-
total
4 940
1 966
16 236
-
Corporate
69 228
87 452
-
-
income
6 231
7 871
-
-
total
6 231
7 871
-
-
Dividends
62 998
79 582
-
-
social contributions
12 169
15 403
-
-
withholding
11 970
15 121
-
-
total
24 139
30 524
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 093
43 458
41 818
30 571
After tax
56 407
56 042
57 682
68 929
Living cost
17 549
17 549
17 549
17 549
Free-cash
38 858
38 493
40 133
51 380

Estimated living cost  is ₽17549 per week

₽11975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1436
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34379
₽56628
₽30361
₽50718
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
12 935
income
-
-
-
13 332
pensions
-
-
-
19 900
total
-
-
-
46 167
Employee
26 980
-
74 364
-
income
3 038
-
14 338
-
pensions
540
-
1 487
-
unemployment
431
-
1 189
-
total
4 009
-
17 014
-
Employer
26 980
-
74 364
-
unemployment
217
-
596
-
health
3 507
-
9 667
-
pensions
5 396
-
14 872
-
total
9 120
-
25 135
-
Corporate
63 400
99 500
-
-
income
12 681
19 900
-
-
total
12 681
19 900
-
-
Dividends
50 719
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
25 810
19 900
42 149
46 167
After tax
73 690
79 600
57 351
53 333
Living cost
22 972
22 972
22 972
22 972
Free-cash
50 718
56 628
34 379
30 361

Estimated living cost  is ₽22972 per week

₽15756
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5386
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30543
-₽13011
₽47196
₽4828
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
24 562
pensions
-
-
-
3 985
total
-
-
-
31 233
Employee
33 145
-
85 429
-
income
4 547
-
16 725
-
pensions
3 732
-
7 307
-
health
3 795
-
9 782
-
total
12 074
-
33 814
-
Employer
33 145
-
85 429
-
unemployment
812
-
2 093
-
accident
553
-
1 427
-
pensions
5 390
-
10 552
-
total
6 755
-
14 072
-
Corporate
59 600
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.

53 640
89 550
-
-
total
53 640
89 550
-
-
Dividends
5 960
9 950
-
-
withholding
1 132
1 890
-
-
total
1 132
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 601
91 440
47 886
31 233
After tax
25 899
8 060
51 614
68 267
Living cost
21 071
21 071
21 071
21 071
Free-cash
4 828
-13 011
30 543
47 196

Estimated living cost  is ₽21071 per week

₽15443
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1167
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4021
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽71699
₽86624
₽90604
₽85143
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 875
-
99 500
-
income
1 975
-
19 900
-
total
1 975
-
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%.

89 625
99 500
-
-
total
-
-
-
-
Dividends
89 625
99 500
-
-
withholding
4 481
4 975
-
-
total
4 481
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
6 456
4 975
19 900
995
After tax
93 044
94 525
79 600
98 505
Living cost
7 901
7 901
7 901
7 901
Free-cash
85 143
86 624
71 699
90 604

Estimated living cost  is ₽7901 per week

₽4896
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽217
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2130
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32687
₽47760
₽28535
₽41336
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 727
health
-
-
-
4 379
income
-
-
-
12 637
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
34 532
-
79 474
-
income
5 945
-
13 977
-
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.

2 417
-
5 562
-
health
484
-
1 112
-
unemployment
345
-
794
-
total
9 191
-
21 445
-
Employer
34 532
-
79 474
-
other
1 727
-
3 974
-
unemployment
345
-
794
-
health
484
-
1 112
-
accident
276
-
635
-
pensions

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

5 871
-
13 511
-
total
8 703
-
20 026
-
Corporate
56 265
99 500
-
-
income
11 816
20 895
-
-
total
11 816
20 895
-
-
Dividends
44 449
78 605
-
-
withholding
3 112
5 503
-
-
total
3 112
5 503
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 822
26 398
41 471
45 623
After tax
66 678
73 102
58 029
53 877
Living cost
25 342
25 342
25 342
25 342
Free-cash
41 336
47 760
32 687
28 535

Estimated living cost  is ₽25342 per week

₽17906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1183
₽9043
₽7689
-₽2417
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 285
pensions
-
-
-
7 175
total
-
-
-
28 460
Employee
89 632
-
87 542
-
income
16 157
-
15 542
-
health
1 477
-
1 435
-
pensions
8 647
-
8 397
-
total
26 281
-
25 374
-
Employer
89 632
-
87 542
-
health
1 702
-
1 663
-
pensions
10 583
-
10 295
-
total
12 285
-
11 958
-
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.

-
18 904
-
-
total
-
18 904
-
-
Dividends
-
80 596
-
-
withholding
-
8 202
-
-
total
-
8 202
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 566
27 106
37 332
28 460
After tax
60 934
72 394
62 168
71 040
Living cost
63 351
63 351
63 351
63 351
Free-cash
-2 417
9 043
-1 183
7 689

Estimated living cost  is ₽63351 per week

₽47470
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7443
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.
₽7923
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66585
₽72701
₽63404
₽68320
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
income
-
-
-
14 925
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
23 725
Employee
16 381
-
93 034
-
income
1 638
-
9 304
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 438
-
2 894
-
health
753
-
1 516
-
total
4 009
-
14 077
-
Employer
16 381
-
93 034
-
unemployment
98
-
198
-
health
1 131
-
2 274
-
accident

We are using the highest rate at 1.1%.

180
-
363
-
pensions

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

1 805
-
3 632
-
total
3 214
-
6 467
-
Corporate
79 904
99 500
-
-
income
7 991
9 950
-
-
total
7 991
9 950
-
-
Dividends
71 914
89 550
-
-
withholding
3 595
4 478
-
-
total
3 595
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
18 809
14 428
20 544
23 725
After tax
80 691
85 072
78 956
75 775
Living cost
12 371
12 371
12 371
12 371
Free-cash
68 320
72 701
66 585
63 404

Estimated living cost  is ₽12371 per week

₽7223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽328
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3938
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3302
-₽4489
₽3715
-₽4113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
11 645
income
-
-
-
20 259
pensions
-
-
-
11 143
total
-
-
-
43 047
Employee
88 176
81 217
84 673
-
income

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

13 294
13 294
13 294
-
pensions
11 143
11 143
11 143
-
health
11 000
10 603
10 800
-
total
35 437
35 040
35 237
-
Employer
88 176
81 217
84 673
-
unemployment
3 175
2 924
3 048
-
health
6 127
5 646
5 886
-
pensions
6 136
5 653
5 893
-
total
15 438
14 223
14 827
-
Corporate
-
4 060
-
-
income
-
812
-
-
total
-
812
-
-
Dividends
-
3 248
-
-
income
-
689
-
-
withholding
-
487
-
-
total
-
1 176
-
-
Income
99 500
99 500
99 500
99 500
Total tax
50 875
51 251
50 064
43 047
After tax
48 625
48 249
49 436
56 453
Living cost
52 738
52 738
52 738
52 738
Free-cash
-4 113
-4 489
-3 302
3 715

Estimated living cost  is ₽52738 per week

₽38903
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4711
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27038
₽45051
₽25007
₽36684
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 054
health
-
-
-
13 432
income
-
-
-
8 552
solidarity contribution
-
-
-
-
total
-
-
-
51 038
Employee
34 492
-
74 254
-
social contributions
2 242
-
4 827
-
solidarity contribution
-
-
-
-
income
4 139
-
8 910
-
health
4 656
-
10 024
-
total
11 037
-
23 761
-
Employer
34 492
-
74 254
-
health
3 104
-
6 683
-
social contributions
8 623
-
18 563
-
total
11 727
-
25 246
-
Corporate
53 280
99 500
-
-
income
10 123
18 905
-
-
total
10 123
18 905
-
-
Dividends
43 157
80 595
-
-
withholding
6 474
12 089
-
-
total
6 474
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 361
30 994
49 007
51 038
After tax
60 139
68 506
50 493
48 462
Living cost
23 455
23 455
23 455
23 455
Free-cash
36 684
45 051
27 038
25 007

Estimated living cost  is ₽23455 per week

₽16292
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5033
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5902
₽12955
₽10636
₽7989
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 591
national
-
-
-
21 443
regional
-
-
-
1 106
municipal
-
-
-
592
total
-
-
-
48 732
Employee
84 525
-
99 500
-
social contributions
28 502
-
33 552
-
municipal
448
-
527
-
national
14 646
-
18 418
-
regional
798
-
969
-
total
44 394
-
53 466
-
Employer
84 525
-
99 500
-
total
-
-
-
-
Corporate
14 975
99 500
-
-
nationa
3 593
23 880
-
-
municipal
585
3 880
-
-
total
4 178
27 760
-
-
Dividends
10 797
71 740
-
-
withholding
2 807
18 653
-
-
total
2 807
18 653
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 379
46 413
53 466
48 732
After tax
48 121
53 087
46 034
50 768
Living cost
40 132
40 132
40 132
40 132
Free-cash
7 989
12 955
5 902
10 636

Estimated living cost  is ₽40132 per week

₽27975
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2631
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.
₽8909
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27822
₽41599
₽29743
₽38639
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 064
income
-
-
-
19 187
pensions
-
-
-
19 900
surtax
-
-
-
2 402
unemployment
-
-
-
217
total
-
-
-
48 770
Employee
31 451
-
82 197
-
surtax
103
-
2 178
-
income
5 272
-
17 911
-
other
-
-
-
-
pensions
2 097
-
5 483
-
health
803
-
2 095
-
unemployment
2 189
-
5 721
-
total
10 464
-
33 388
-
Employer
31 451
-
82 197
-
other
-
-
-
-
unemployment
996
-
2 606
-
health
1 431
-
3 740
-
pensions
4 193
-
10 957
-
total
6 620
-
17 303
-
Corporate
61 429
99 500
-
-
income
15 971
25 870
-
-
total
15 971
25 870
-
-
Dividends
45 458
73 630
-
-
withholding
6 819
11 044
-
-
total
6 819
11 044
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 874
36 914
50 691
48 770
After tax
59 626
62 586
48 809
50 730
Living cost
20 987
20 987
20 987
20 987
Free-cash
38 639
41 599
27 822
29 743

Estimated living cost  is ₽20987 per week

₽12832
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1937
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5734
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18888
₽29115
₽27760
₽23818
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 285
pensions
-
-
-
7 175
total
-
-
-
28 460
Employee
60 069
-
87 542
-
income
10 819
-
15 542
-
health
872
-
1 435
-
pensions
5 098
-
8 397
-
total
16 789
-
25 374
-
Employer
60 069
-
87 542
-
health
1 141
-
1 663
-
pensions
6 502
-
10 295
-
total
7 643
-
11 958
-
Corporate
31 788
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.

6 039
18 904
-
-
total
6 039
18 904
-
-
Dividends
25 748
80 596
-
-
withholding
1 932
8 202
-
-
total
1 932
8 202
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 403
27 106
37 332
28 460
After tax
67 097
72 394
62 168
71 040
Living cost
43 280
43 280
43 280
43 280
Free-cash
23 818
29 115
18 888
27 760

Estimated living cost  is ₽43280 per week

₽32425
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3244
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽1425
-₽31151
₽6416
₽1253
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
1 990
health
-
-
-
250
pensions
-
-
-
9 154
city
-
-
-
1 049
national
-
-
-
604
regional
-
-
-
3 386
total
-
-
-
16 433
Employee
89 701
-
89 056
-
national
425
-
419
-
city
963
-
957
-
pensions
7 536
-
7 481
-
health
203
-
201
-
regional
2 937
-
2 902
-
unemployment
-
-
-
-
total
12 064
-
11 960
-
Employer
89 701
-
89 056
-
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.

1 793
-
1 782
-
unemployment
-
-
-
-
health
203
-
201
-
pensions
7 536
-
7 481
-
total
9 532
-
9 464
-
Corporate
-
99 500
-
-
regional
-
21 045
-
-
national
-
8 457
-
-
total
-
29 502
-
-
Dividends
-
69 997
-
-
withholding
-
24 498
-
-
total
-
24 498
-
-
Income
99 500
99 500
99 500
99 500
Total tax
21 596
54 000
21 424
16 433
After tax
77 904
45 500
78 076
83 067
Living cost
76 651
76 651
76 651
76 651
Free-cash
1 253
-31 151
1 425
6 416

Estimated living cost  is ₽76651 per week

₽49845
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6879
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽941
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18986
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽26700
₽5703
₽17219
₽21126
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 497
income

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

-
-
-
21 548
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.

-
-
-
1 186
trade
-
-
-
9 481
total
-
-
-
38 712
Employee

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

57 158
-
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.

370
-
1 186
-
income

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

6 721
-
21 548
-
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.

6 497
-
6 497
-
total
13 588
-
29 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
42 342
99 500
-
-
chamber of commerce
204
285
-
-
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.

350
821
-
-
trade
7 261
17 065
-
-
income
6 351
14 924
-
-
total
14 166
33 095
-
-
Dividends
28 176
66 405
-
-
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.

368
893
-
-
withholding
6 683
16 240
-
-
total
7 051
17 133
-
-
Income
99 500
99 500
99 500
99 500
Total tax
34 805
50 228
29 231
38 712
After tax
64 695
49 272
70 269
60 788
Living cost
43 569
43 569
43 569
43 569
Free-cash
21 126
5 703
26 700
17 219

Estimated living cost  is ₽43569 per week

₽31821
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3485
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽567
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7698
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
₽29590
₽17610
₽24628
₽23227
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 090
social contributions
-
-
-
2 835
health
-
-
-
2 085
income
-
-
-
10 096
pensions
-
-
-
24 227
surtax
-
-
-
-
total
-
-
-
42 333
Employee
40 704
-
80 585
-
surtax
-
-
-
-
social contributions
1 161
-
2 296
-
income
2 402
-
12 182
-
pensions
4 602
-
3 980
-
total
8 165
-
18 458
-
Employer
40 704
-
80 585
-
other
1 404
-
2 779
-
unemployment
1 648
-
3 263
-
health
2 850
-
5 640
-
pensions
6 687
-
6 989
-
social contributions
123
-
242
-
total
12 712
-
18 913
-
Corporate
46 084
99 500
-
-
surtax
-
-
-
-
income
12 903
27 859
-
-
total
12 903
27 859
-
-
Dividends
33 182
71 641
-
-
social contributions
5 707
12 322
-
-
surtax
-
-
-
-
withholding
4 247
9 170
-
-
total
9 954
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 734
49 351
37 371
42 333
After tax
55 766
50 149
62 129
57 167
Living cost
32 539
32 539
32 539
32 539
Free-cash
23 227
17 610
29 590
24 628

Estimated living cost  is ₽32539 per week

₽20517
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2646
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽554
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32814
₽20834
₽27852
₽26119
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 090
social contributions
-
-
-
2 835
health
-
-
-
2 085
income
-
-
-
10 096
pensions
-
-
-
24 227
surtax
-
-
-
-
total
-
-
-
42 333
Employee
36 334
-
80 585
-
surtax
-
-
-
-
social contributions
1 036
-
2 296
-
income
1 873
-
12 182
-
pensions
4 110
-
3 980
-
total
7 019
-
18 458
-
Employer
36 334
-
80 585
-
other
1 254
-
2 779
-
unemployment
1 471
-
3 263
-
health
2 543
-
5 640
-
pensions
5 970
-
6 989
-
social contributions
108
-
242
-
total
11 346
-
18 913
-
Corporate
51 819
99 500
-
-
surtax
-
-
-
-
income
14 509
27 859
-
-
total
14 509
27 859
-
-
Dividends
37 310
71 641
-
-
social contributions
6 416
12 322
-
-
surtax
-
-
-
-
withholding
4 776
9 170
-
-
total
11 192
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 066
49 351
37 371
42 333
After tax
55 434
50 149
62 129
57 167
Living cost
29 315
29 315
29 315
29 315
Free-cash
26 119
20 834
32 814
27 852

Estimated living cost  is ₽29315 per week

₽17002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8781
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43679
₽40537
₽43733
₽41030
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 731
health
-
-
-
6 945
income
-
-
-
14 924
total
-
-
-
35 600
Employee
32 247
-
99 500
-
social contributions
4 451
-
13 731
-
income
5 378
-
14 978
-
health
2 251
-
6 945
-
total
12 080
-
35 654
-
Employer
32 247
-
99 500
-
total
-
-
-
-
Corporate
67 253
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%.

3 362
4 974
-
-
total
3 362
4 974
-
-
Dividends
63 891
94 526
-
-
social contributions
8 817
13 045
-
-
withholding
9 584
14 179
-
-
health
4 460
6 598
-
-
total
22 861
33 822
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 303
38 796
35 654
35 600
After tax
61 197
60 704
63 846
63 900
Living cost
20 167
20 167
20 167
20 167
Free-cash
41 030
40 537
43 679
43 733

Estimated living cost  is ₽20167 per week

₽13497
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1244
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.
₽4961
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3890
₽22191
₽16509
₽20717
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 611
income
-
-
-
17 041
chamber of commerce
-
-
-
399
pensions
-
-
-
18 407
surtax
-
-
-
188
unemployment
-
-
-
5 833
total
-
-
-
49 479
Employee
47 530
37 901
77 118
-
income
5 411
2 796
15 153
-
other
475
379
771
-
pensions
4 868
3 880
7 896
-
health
1 839
1 467
2 985
-
unemployment
1 426
1 137
2 314
-
total
14 019
9 659
29 119
-
Employer
47 530
37 901
77 118
-
other
2 258
1 799
3 662
-
unemployment
1 426
1 137
2 314
-
health
1 796
1 433
2 915
-
surtax
188
188
188
-
accident
617
493
1 002
-
pensions
5 965
4 758
9 678
-
payroll
1 426
1 137
2 314
-
chamber of commerce
190
152
309
-
total
13 866
11 097
22 382
-
Corporate
38 105
50 502
73 510
-
income

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

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

9 526
12 625
18 377
-
total
9 526
12 625
18 377
-
Dividends
28 579
37 878
-
-
withholding
7 860
10 416
-
-
total
7 860
10 416
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 271
43 797
69 878
49 479
After tax
54 229
55 703
29 622
50 021
Living cost
33 512
33 512
33 512
33 512
Free-cash
20 717
22 191
-3 890
16 509

Estimated living cost  is ₽33512 per week

₽22351
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2859
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7752
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3850
₽21110
₽11519
₽6846
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 760
communal

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

-
-
-
5 025
national
-
-
-
32 519
total
-
-
-
53 304
Employee

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

68 031
-
77 068
-
national
20 915
-
24 449
-
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.

5 102
-
5 781
-
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.

3 196
-
3 622
-
communal

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

3 548
-
4 019
-
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.

592
-
670
-
total
33 353
-
38 541
-
Employer

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

68 031
-
77 068
-
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.

993
-
1 124
-
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.

4 184
-
4 739
-
surtax
7 714
-
8 739
-
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.

884
-
1 002
-
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.

6 028
-
6 828
-
total
19 803
-
22 432
-
Corporate
11 667
99 500
-
-
surtax
47
399
-
-
income
2 334
19 900
-
-
total
2 381
20 299
-
-
Dividends
9 286
79 201
-
-
withholding

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

2 440
23 414
-
-
total
2 440
23 414
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 977
43 713
60 973
53 304
After tax
41 523
55 787
38 527
46 196
Living cost
34 677
34 677
34 677
34 677
Free-cash
6 846
21 110
3 850
11 519

Estimated living cost  is ₽34677 per week

₽22337
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3032
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8766
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17923
₽32684
₽19437
₽25106
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
19 271
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
45 716
Employee
47 342
-
75 447
-
income
9 989
-
18 385
-
other
47
-
76
-
pensions
2 225
-
3 546
-
unemployment
735
-
1 170
-
total
12 996
-
23 177
-
Employer
47 342
-
75 447
-
other
377
-
605
-
unemployment
2 604
-
4 149
-
accident
937
-
1 494
-
pensions
11 172
-
17 805
-
total
15 090
-
24 053
-
Corporate
37 068
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.

5 561
14 924
-
-
total
5 561
14 924
-
-
Dividends
31 507
84 576
-
-
withholding
6 400
17 545
-
-
total
6 400
17 545
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 047
32 469
47 230
45 716
After tax
59 453
67 031
52 270
53 784
Living cost
34 347
34 347
34 347
34 347
Free-cash
25 106
32 684
17 923
19 437

Estimated living cost  is ₽34347 per week

₽25293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2437
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6122
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9011
₽9064
₽4682
₽2376
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
6 990
accident
-
-
-
839
income
-
-
-
9 170
pensions
-
-
-
14 913
communal
-
-
-
6 288
surtax
-
-
-
4 933
total
-
-
-
43 133
Employee
72 024
-
88 879
-
surtax
4 415
-
5 447
-
income
6 957
-
11 670
-
pensions
5 761
-
7 111
-
health
3 205
-
3 954
-
total
20 338
-
28 182
-
Employer
72 024
-
88 879
-
health
2 196
-
2 711
-
accident
648
-
800
-
pensions
5 761
-
7 111
-
total
8 605
-
10 622
-
Corporate
18 871
99 500
-
-
surtax
199
1 045
-
-
income
2 830
14 924
-
-
communal
-
6 716
-
-
total
3 029
22 685
-
-
Dividends
15 842
76 815
-
-
income
11 090
4 544
-
-
withholding
2 377
11 522
-
-
total
13 467
16 066
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 439
38 751
38 804
43 133
After tax
54 061
60 749
60 696
56 367
Living cost
51 685
51 685
51 685
51 685
Free-cash
2 376
9 064
9 011
4 682

Estimated living cost  is ₽51685 per week

₽38771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27447
₽41224
₽29368
₽38198
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
-
health
-
-
-
7 064
income
-
-
-
19 187
pensions
-
-
-
19 900
surtax
-
-
-
2 402
unemployment
-
-
-
217
total
-
-
-
48 770
Employee
32 029
-
82 197
-
surtax
114
-
2 178
-
income
5 369
-
17 911
-
other
-
-
-
-
pensions
2 137
-
5 483
-
health
818
-
2 095
-
unemployment
2 229
-
5 721
-
total
10 667
-
33 388
-
Employer
32 029
-
82 197
-
other
-
-
-
-
unemployment
1 016
-
2 606
-
health
1 457
-
3 740
-
pensions
4 270
-
10 957
-
total
6 743
-
17 303
-
Corporate
60 728
99 500
-
-
income
15 789
25 870
-
-
total
15 789
25 870
-
-
Dividends
44 940
73 630
-
-
withholding
6 741
11 044
-
-
total
6 741
11 044
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 940
36 914
50 691
48 770
After tax
59 560
62 586
48 809
50 730
Living cost
21 362
21 362
21 362
21 362
Free-cash
38 198
41 224
27 447
29 368

Estimated living cost  is ₽21362 per week

₽12897
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1857
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6113
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20045
₽26680
₽24753
₽24567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 591
national
-
-
-
21 443
regional
-
-
-
1 501
municipal
-
-
-
592
total
-
-
-
49 127
Employee
52 757
-
99 500
-
social contributions
17 790
-
33 552
-
municipal
280
-
527
-
national
8 358
-
18 418
-
regional
710
-
1 338
-
total
27 138
-
53 835
-
Employer
52 757
-
99 500
-
total
-
-
-
-
Corporate
46 743
99 500
-
-
nationa
11 219
23 880
-
-
municipal
2 323
4 945
-
-
total
13 542
28 825
-
-
Dividends
33 201
70 675
-
-
withholding
8 633
18 375
-
-
total
8 633
18 375
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 313
47 200
53 835
49 127
After tax
50 187
52 300
45 665
50 373
Living cost
25 620
25 620
25 620
25 620
Free-cash
24 567
26 680
20 045
24 753

Estimated living cost  is ₽25620 per week

₽15933
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽439
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6653
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21591
₽39604
₽19560
₽29293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
29 054
health
-
-
-
13 432
income
-
-
-
8 552
solidarity contribution
-
-
-
-
total
-
-
-
51 038
Employee
42 503
-
74 254
-
social contributions
2 763
-
4 827
-
solidarity contribution
-
-
-
-
income
5 100
-
8 910
-
health
5 738
-
10 024
-
total
13 601
-
23 761
-
Employer
42 503
-
74 254
-
health
3 825
-
6 683
-
social contributions
10 626
-
18 563
-
total
14 451
-
25 246
-
Corporate
42 545
99 500
-
-
income
8 084
18 905
-
-
total
8 084
18 905
-
-
Dividends
34 462
80 595
-
-
withholding
5 169
12 089
-
-
total
5 169
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
41 305
30 994
49 007
51 038
After tax
58 195
68 506
50 493
48 462
Living cost
28 902
28 902
28 902
28 902
Free-cash
29 293
39 604
21 591
19 560

Estimated living cost  is ₽28902 per week

₽21494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1601
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5308
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽685
₽25463
₽19866
₽24992
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 611
income
-
-
-
17 041
chamber of commerce
-
-
-
399
pensions
-
-
-
18 407
surtax
-
-
-
-
unemployment
-
-
-
5 833
total
-
-
-
49 291
Employee
41 574
37 901
77 263
-
income
3 704
2 796
15 202
-
other
415
379
772
-
pensions
4 258
3 880
7 912
-
health
1 608
1 467
2 991
-
unemployment
1 247
1 137
2 317
-
total
11 232
9 659
29 194
-
Employer
41 574
37 901
77 263
-
other
1 974
1 799
3 671
-
unemployment
1 247
1 137
2 317
-
health
1 572
1 433
2 920
-
surtax
-
-
-
-
accident
540
493
1 005
-
pensions
5 218
4 758
9 696
-
payroll
1 247
1 137
2 317
-
chamber of commerce
166
152
309
-
total
11 964
10 909
22 235
-
Corporate
45 962
50 690
73 655
-
income

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

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

11 490
12 672
18 413
-
total
11 490
12 672
18 413
-
Dividends
34 472
38 018
-
-
withholding
9 479
10 455
-
-
total
9 479
10 455
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 165
43 695
69 842
49 291
After tax
55 335
55 805
29 658
50 209
Living cost
30 342
30 342
30 342
30 342
Free-cash
24 992
25 463
-685
19 866

Estimated living cost  is ₽30342 per week

₽18202
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽541
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8501
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67288
₽82213
₽86193
₽79904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
15 390
-
99 500
-
income
3 078
-
19 900
-
total
3 078
-
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%.

84 110
99 500
-
-
total
-
-
-
-
Dividends
84 110
99 500
-
-
withholding
4 206
4 975
-
-
total
4 206
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
7 284
4 975
19 900
995
After tax
92 216
94 525
79 600
98 505
Living cost
12 312
12 312
12 312
12 312
Free-cash
79 904
82 213
67 288
86 193

Estimated living cost  is ₽12312 per week

₽8331
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽517
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.
₽3050
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22924
₽42995
₽25776
₽35041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
9 791
income
-
-
-
20 102
pensions
-
-
-
18 171
unemployment
-
-
-
150
total
-
-
-
48 214
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.

42 057
-
86 094
-
income
7 253
-
18 632
-
pensions
6 519
-
13 345
-
health
2 716
-
5 562
-
unemployment
60
-
121
-
total
16 548
-
37 660
-
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.

42 057
-
86 094
-
unemployment
25
-
52
-
health
2 801
-
5 734
-
pensions
3 722
-
7 620
-
total
6 548
-
13 406
-
Corporate
50 896
99 500
-
-
income
9 670
18 906
-
-
total
9 670
18 906
-
-
Dividends
41 225
80 594
-
-
withholding
6 183
12 089
-
-
total
6 183
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 949
30 995
51 066
48 214
After tax
60 551
68 505
48 434
51 286
Living cost
25 510
25 510
25 510
25 510
Free-cash
35 041
42 995
22 924
25 776

Estimated living cost  is ₽25510 per week

₽17507
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽495
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5875
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43017
₽17250
₽25476
-₽50079
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
11 343
income
-
-
-
19 395
total
-
-
-
30 738
Employee
62 066
-
-
-
social contributions
5 089
-
725
-
income
13 691
-
-
-
total
18 780
-
725
-
Employer
62 066
-
-
-
social contributions
87 513
-
12 472
-
total
87 513
-
12 472
-
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
106 293
38 964
13 197
30 738
After tax
-6 793
60 536
86 303
68 762
Living cost
43 286
43 286
43 286
43 286
Free-cash
-50 079
17 250
43 017
25 476

Estimated living cost  is ₽43286 per week

₽28086
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽552
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20278
₽26763
₽25601
₽25806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 577
income
-
-
-
9 490
surtax
-
-
-
-
total
-
-
-
44 067
Employee
43 742
-
80 403
-
surtax
-
-
-
-
social contributions
4 812
-
8 844
-
income
9 098
-
21 451
-
total
13 910
-
30 295
-
Employer
43 742
-
80 403
-
social contributions
10 389
-
19 095
-
total
10 389
-
19 095
-
Corporate
45 370
99 500
-
-
surtax
-
-
-
-
income
9 528
20 895
-
-
total
9 528
20 895
-
-
Dividends
35 842
78 605
-
-
withholding
10 035
22 010
-
-
total
10 035
22 010
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 862
42 905
49 390
44 067
After tax
55 638
56 595
50 110
55 433
Living cost
29 832
29 832
29 832
29 832
Free-cash
25 806
26 763
20 278
25 601

Estimated living cost  is ₽29832 per week

₽22320
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1760
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.
₽5254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16194
₽4214
₽11232
₽10750
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
3 090
social contributions
-
-
-
2 835
health
-
-
-
2 085
income
-
-
-
10 096
pensions
-
-
-
24 227
surtax
-
-
-
-
total
-
-
-
42 333
Employee
59 567
-
80 585
-
surtax
-
-
-
-
social contributions
1 697
-
2 296
-
income
5 197
-
12 182
-
pensions
6 737
-
3 980
-
total
13 631
-
18 458
-
Employer
59 567
-
80 585
-
other
2 056
-
2 779
-
unemployment
2 413
-
3 263
-
health
4 169
-
5 640
-
pensions
9 788
-
6 989
-
social contributions
179
-
242
-
total
18 605
-
18 913
-
Corporate
21 328
99 500
-
-
surtax
-
-
-
-
income
5 972
27 859
-
-
total
5 972
27 859
-
-
Dividends
15 356
71 641
-
-
social contributions
2 642
12 322
-
-
surtax
-
-
-
-
withholding
1 965
9 170
-
-
total
4 607
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
42 815
49 351
37 371
42 333
After tax
56 685
50 149
62 129
57 167
Living cost
45 935
45 935
45 935
45 935
Free-cash
10 750
4 214
16 194
11 232

Estimated living cost  is ₽45935 per week

₽31088
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽630
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10459
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49679
₽60961
₽47035
₽57767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 985
social contributions
-
-
-
21 891
total
-
-
-
23 876
Employee
30 576
-
86 148
-
income
-
-
2 280
-
social contributions
1 987
-
5 600
-
total
1 987
-
7 880
-
Employer
30 576
-
86 148
-
social contributions
4 739
-
13 352
-
total
4 739
-
13 352
-
Corporate
64 185
99 500
-
-
income
6 418
9 950
-
-
total
6 418
9 950
-
-
Dividends
57 767
89 550
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
13 144
9 950
21 232
23 876
After tax
86 356
89 550
78 268
75 624
Living cost
28 589
28 589
28 589
28 589
Free-cash
57 767
60 961
49 679
47 035

Estimated living cost  is ₽28589 per week

₽18485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽538
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽107392
-₽107392
₽15715
-₽107392
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 894
pensions
-
-
-
823
national
-
-
-
10 622
municipal
-
-
-
18 714
total
-
-
-
38 053
Employee
193 023
193 023
193 023
-
labour market
15 420
15 420
15 420
-
municipal
41 103
41 103
41 103
-
national
23 581
23 581
23 581
-
pensions
274
274
274
-
total
80 378
80 378
80 378
-
Employer
193 023
193 023
193 023
-
national
23 622
23 622
23 622
-
labour market
15 442
15 442
15 442
-
pensions
549
549
549
-
municipal
41 169
41 169
41 169
-
total
80 782
80 782
80 782
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
161 160
161 160
161 160
38 053
After tax
-61 660
-61 660
-61 660
61 447
Living cost
45 732
45 732
45 732
45 732
Free-cash
-107 392
-107 392
-107 392
15 715

Estimated living cost  is ₽45732 per week

₽31299
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4045
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽703
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9684
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30854
-₽12700
₽47507
₽4876
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
24 562
pensions
-
-
-
3 985
total
-
-
-
31 233
Employee
32 657
-
85 429
-
income
4 480
-
16 725
-
pensions
3 677
-
7 307
-
health
3 739
-
9 782
-
total
11 896
-
33 814
-
Employer
32 657
-
85 429
-
unemployment
800
-
2 093
-
accident
545
-
1 427
-
pensions
5 310
-
10 552
-
total
6 655
-
14 072
-
Corporate
60 188
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.

54 169
89 550
-
-
total
54 169
89 550
-
-
Dividends
6 019
9 950
-
-
withholding
1 144
1 890
-
-
total
1 144
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 864
91 440
47 886
31 233
After tax
25 636
8 060
51 614
68 267
Living cost
20 760
20 760
20 760
20 760
Free-cash
4 876
-12 700
30 854
47 507

Estimated living cost  is ₽20760 per week

₽15111
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1183
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽390
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4076
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19903
₽29308
₽33650
₽27693
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 135
national
-
-
-
10 496
municipal
-
-
-
17 705
total
-
-
-
29 336
Employee
50 038
-
83 706
-
municipal
8 196
-
13 663
-
national
827
-
5 828
-
pensions
3 377
-
5 651
-
health
374
-
892
-
unemployment
751
-
1 256
-
total
13 525
-
27 290
-
Employer
50 038
-
83 706
-
unemployment
325
-
543
-
health
384
-
644
-
accident
51
-
83
-
pensions
8 681
-
14 523
-
total
9 441
-
15 793
-
Corporate
40 021
99 500
-
-
income
8 004
19 900
-
-
total
8 004
19 900
-
-
Dividends

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

24 013
59 700
-
-
national
-
3 032
-
-
municipal
4 323
10 746
-
-
total
4 323
13 778
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 293
33 678
43 083
29 336
After tax
64 207
65 822
56 417
70 164
Living cost
36 514
36 514
36 514
36 514
Free-cash
27 693
29 308
19 903
33 650

Estimated living cost  is ₽36514 per week

₽23851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3512
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽581
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8571
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47867
₽50787
₽48059
₽45612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 388
health
-
-
-
2 538
income
-
-
-
11 495
total
-
-
-
29 421
Employee
73 133
73 133
90 331
-
social contributions
2 765
6 070
7 497
-
income
7 963
6 770
11 412
-
health
567
1 244
1 536
-
total
11 295
14 084
20 445
-
Employer
73 133
73 133
90 331
-
health
615
1 354
1 671
-
social contributions
2 765
6 070
7 497
-
total
3 380
7 424
9 168
-
Corporate
62 805
18 944
-
-
income
7 851
2 368
-
-
total
7 851
2 368
-
-
Dividends
54 954
16 576
-
-
withholding
9 342
2 817
-
-
total
9 342
2 817
-
-
Income
99 500
99 500
99 500
99 500
Total tax
31 868
26 693
29 613
29 421
After tax
67 632
72 807
69 887
70 079
Living cost
22 020
22 020
22 020
22 020
Free-cash
45 612
50 787
47 867
48 059

Estimated living cost  is ₽22020 per week

₽13197
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46255
₽67295
₽65319
₽62457
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 442
income
-
-
-
9 562
pensions
-
-
-
6 050
unemployment
-
-
-
27
total
-
-
-
19 081
Employee

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

21 830
-
90 209
-
income
1 493
-
7 205
-
pensions
3 274
-
13 531
-
health
1 855
-
7 667
-
unemployment
108
-
451
-
total
6 730
-
28 854
-
Employer

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

21 830
-
90 209
-
unemployment
108
-
451
-
health
939
-
3 879
-
pensions
1 200
-
4 961
-
total
2 247
-
9 291
-
Corporate
75 423
99 500
-
-
income
6 788
8 956
-
-
total
6 788
8 956
-
-
Dividends
68 635
90 544
-
-
withholding
6 178
8 149
-
-
total
6 178
8 149
-
-
Income
99 500
99 500
99 500
99 500
Total tax
21 943
17 105
38 145
19 081
After tax
77 557
82 395
61 355
80 419
Living cost
15 100
15 100
15 100
15 100
Free-cash
62 457
67 295
46 255
65 319

Estimated living cost  is ₽15100 per week

₽9634
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1088
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3927
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26117
₽40878
₽27631
₽35888
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
19 271
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
45 716
Employee
35 167
-
75 447
-
income
6 780
-
18 385
-
other
34
-
76
-
pensions
1 653
-
3 546
-
unemployment
545
-
1 170
-
total
9 012
-
23 177
-
Employer
35 167
-
75 447
-
other
282
-
605
-
unemployment
1 935
-
4 149
-
accident
697
-
1 494
-
pensions
8 299
-
17 805
-
total
11 213
-
24 053
-
Corporate
53 122
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.

7 968
14 924
-
-
total
7 968
14 924
-
-
Dividends
45 153
84 576
-
-
withholding
9 266
17 545
-
-
total
9 266
17 545
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 459
32 469
47 230
45 716
After tax
62 041
67 031
52 270
53 784
Living cost
26 153
26 153
26 153
26 153
Free-cash
35 888
40 878
26 117
27 631

Estimated living cost  is ₽26153 per week

₽17653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2514
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽458
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5528
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61751
₽60325
₽61877
₽60035
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
932
income
-
-
-
33 642
pensions
-
-
-
1 286
total
-
-
-
35 860
Employee
2 686
-
98 053
-
income
520
-
33 574
-
pensions
242
-
579
-
health
134
-
322
-
unemployment
27
-
64
-
total
923
-
34 539
-
Employer
2 686
-
98 053
-
unemployment
54
-
129
-
health
255
-
611
-
pensions
295
-
707
-
total
604
-
1 447
-
Corporate
96 210
99 500
-
-
income
21 166
21 890
-
-
total
21 166
21 890
-
-
Dividends
75 044
77 610
-
-
withholding
15 009
15 522
-
-
total
15 009
15 522
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 702
37 412
35 986
35 860
After tax
61 798
62 088
63 514
63 640
Living cost
1 763
1 763
1 763
1 763
Free-cash
60 035
60 325
61 751
61 877

Estimated living cost  is ₽1763 per week

₽1048
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽143
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽40
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36783
₽55477
₽36783
₽50806
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
7 224
income
-
-
-
19 794
pensions
-
-
-
18 235
unemployment
-
-
-
1 052
total
-
-
-
46 305
Employee

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

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

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

24 748
-
86 946
-
income
3 411
-
19 794
-
pensions
3 465
-
9 819
-
health
1 275
-
3 612
-
unemployment
186
-
526
-
total
8 337
-
33 751
-
Employer

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

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

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

24 748
-
86 946
-
unemployment
186
-
526
-
health
1 275
-
3 612
-
pensions
2 970
-
8 416
-
total
4 431
-
12 554
-
Corporate
70 322
99 500
-
-
income
10 548
14 925
-
-
total
10 548
14 925
-
-
Dividends
59 773
84 575
-
-
withholding
8 966
12 686
-
-
total
8 966
12 686
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 282
27 611
46 305
46 305
After tax
67 218
71 889
53 195
53 195
Living cost
16 412
16 412
16 412
16 412
Free-cash
50 806
55 477
36 783
36 783

Estimated living cost  is ₽16412 per week

₽11050
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1269
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.
₽3617
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24470
₽30955
₽29793
₽30613
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
social contributions

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

-
-
-
34 577
income
-
-
-
9 490
surtax
-
-
-
-
total
-
-
-
44 067
Employee
36 913
-
80 403
-
surtax
-
-
-
-
social contributions
4 061
-
8 844
-
income
7 213
-
21 451
-
total
11 274
-
30 295
-
Employer
36 913
-
80 403
-
social contributions
8 766
-
19 095
-
total
8 766
-
19 095
-
Corporate
53 821
99 500
-
-
surtax
-
-
-
-
income
11 302
20 895
-
-
total
11 302
20 895
-
-
Dividends
42 519
78 605
-
-
withholding
11 905
22 010
-
-
total
11 905
22 010
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 247
42 905
49 390
44 067
After tax
56 253
56 595
50 110
55 433
Living cost
25 640
25 640
25 640
25 640
Free-cash
30 613
30 955
24 470
29 793

Estimated living cost  is ₽25640 per week

₽18160
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1781
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5245
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽18845
₽33606
₽20359
₽26350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
88
accident
-
-
-
794
income
-
-
-
19 271
pensions
-
-
-
24 946
unemployment
-
-
-
617
total
-
-
-
45 716
Employee
45 932
-
75 447
-
income
9 594
-
18 385
-
other
45
-
76
-
pensions
2 159
-
3 546
-
unemployment
711
-
1 170
-
total
12 509
-
23 177
-
Employer
45 932
-
75 447
-
other
368
-
605
-
unemployment
2 527
-
4 149
-
accident
910
-
1 494
-
pensions
10 840
-
17 805
-
total
14 645
-
24 053
-
Corporate
38 923
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.

5 839
14 924
-
-
total
5 839
14 924
-
-
Dividends
33 085
84 576
-
-
withholding
6 732
17 545
-
-
total
6 732
17 545
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 725
32 469
47 230
45 716
After tax
59 775
67 031
52 270
53 784
Living cost
33 425
33 425
33 425
33 425
Free-cash
26 350
33 606
18 845
20 359

Estimated living cost  is ₽33425 per week

₽24004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2599
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6351
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽62725
₽68841
₽59544
₽63091
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health
-
-
-
3 790
income
-
-
-
14 925
pensions

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

-
-
-
4 878
unemployment
-
-
-
132
total
-
-
-
23 725
Employee
21 493
-
93 034
-
income
2 150
-
9 304
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

1 887
-
2 894
-
health
989
-
1 516
-
total
5 262
-
14 077
-
Employer
21 493
-
93 034
-
unemployment
129
-
198
-
health
1 483
-
2 274
-
accident

We are using the highest rate at 1.1%.

236
-
363
-
pensions

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

2 368
-
3 632
-
total
4 216
-
6 467
-
Corporate
73 790
99 500
-
-
income
7 379
9 950
-
-
total
7 379
9 950
-
-
Dividends
66 411
89 550
-
-
withholding
3 321
4 478
-
-
total
3 321
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
20 178
14 428
20 544
23 725
After tax
79 322
85 072
78 956
75 775
Living cost
16 231
16 231
16 231
16 231
Free-cash
63 091
68 841
62 725
59 544

Estimated living cost  is ₽16231 per week

₽10735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽929
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽387
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4180
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33551
₽14602
₽25619
₽27042
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
6 497
income

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

-
-
-
21 548
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.

-
-
-
1 186
trade
-
-
-
7 932
total
-
-
-
37 163
Employee

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

47 322
-
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.

215
-
1 186
-
income

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

3 891
-
21 548
-
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.

6 497
-
6 497
-
total
10 603
-
29 231
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 178
99 500
-
-
chamber of commerce
220
291
-
-
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.

431
821
-
-
trade
7 488
14 278
-
-
income
7 828
14 924
-
-
total
15 967
30 314
-
-
Dividends
36 211
69 186
-
-
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.

478
931
-
-
withholding
8 692
16 935
-
-
total
9 170
17 866
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 740
48 180
29 231
37 163
After tax
63 760
51 320
70 269
62 337
Living cost
36 718
36 718
36 718
36 718
Free-cash
27 042
14 602
33 551
25 619

Estimated living cost  is ₽36718 per week

₽25329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6905
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12301
₽15473
₽12301
₽17572
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
24 080
social contributions
-
-
-
8 942
total
-
-
-
33 022
Employee
74 395
-
99 500
-
income
14 038
-
24 080
-
social contributions
6 181
-
8 942
-
total
20 219
-
33 022
-
Employer
74 395
-
99 500
-
total
-
-
-
-
Corporate
25 105
99 500
-
-
income
3 139
12 437
-
-
total
3 139
12 437
-
-
Dividends
21 967
87 063
-
-
withholding
4 393
17 413
-
-
total
4 393
17 413
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 751
29 850
33 022
33 022
After tax
71 749
69 650
66 478
66 478
Living cost
54 177
54 177
54 177
54 177
Free-cash
17 572
15 473
12 301
12 301

Estimated living cost  is ₽54177 per week

₽41217
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4415
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38620
₽25127
₽32017
₽28454
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27 072
health

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

-
-
-
5 887
total
-
-
-
32 959
Employee
43 629
-
95 125
-
income
4 734
-
17 606
-
social contributions
4 371
-
4 375
-
total
9 105
-
21 981
-
Employer
43 629
-
95 125
-
social contributions
4 371
-
4 375
-
total
4 371
-
4 375
-
Corporate
51 499
99 500
-
-
income
18 025
34 824
-
-
total
18 025
34 824
-
-
Dividends
33 474
64 676
-
-
social contributions
5 021
5 025
-
-
total
5 021
5 025
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 522
39 849
26 356
32 959
After tax
62 978
59 651
73 144
66 541
Living cost
34 524
34 524
34 524
34 524
Free-cash
28 454
25 127
38 620
32 017

Estimated living cost  is ₽34524 per week

₽22741
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2722
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26983
₽37209
₽35855
₽34021
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 285
pensions
-
-
-
7 175
total
-
-
-
28 460
Employee
48 296
-
87 542
-
income
8 795
-
15 542
-
health
630
-
1 435
-
pensions
3 686
-
8 397
-
total
13 111
-
25 374
-
Employer
48 296
-
87 542
-
health
918
-
1 663
-
pensions
4 879
-
10 295
-
total
5 797
-
11 958
-
Corporate
45 407
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.

8 628
18 904
-
-
total
8 628
18 904
-
-
Dividends
36 778
80 596
-
-
withholding
2 758
8 202
-
-
total
2 758
8 202
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 294
27 106
37 332
28 460
After tax
69 206
72 394
62 168
71 040
Living cost
35 185
35 185
35 185
35 185
Free-cash
34 021
37 209
26 983
35 855

Estimated living cost  is ₽35185 per week

₽24136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3236
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽440
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7370
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽28799
-₽14755
₽45452
₽4562
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
355
health
-
-
-
2 089
accident
-
-
-
242
income
-
-
-
24 562
pensions
-
-
-
3 985
total
-
-
-
31 233
Employee
35 889
-
85 429
-
income
4 924
-
16 725
-
pensions
4 041
-
7 307
-
health
4 109
-
9 782
-
total
13 074
-
33 814
-
Employer
35 889
-
85 429
-
unemployment
879
-
2 093
-
accident
599
-
1 427
-
pensions
5 835
-
10 552
-
total
7 313
-
14 072
-
Corporate
56 297
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.

50 667
89 550
-
-
total
50 667
89 550
-
-
Dividends
5 630
9 950
-
-
withholding
1 069
1 890
-
-
total
1 069
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 123
91 440
47 886
31 233
After tax
27 377
8 060
51 614
68 267
Living cost
22 815
22 815
22 815
22 815
Free-cash
4 562
-14 755
28 799
45 452

Estimated living cost  is ₽22815 per week

₽16744
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽460
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50412
₽70902
₽43930
₽67130
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 380
health insurance
-
-
-
7 363
work injury
-
-
-
498
pensions
-
-
-
18 308
unemployment
-
-
-
1 194
total
-
-
-
42 743
Employee

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

20 523
-
99 500
-
income
2 052
-
15 380
-
work injury
103
-
380
-
health insurance
1 519
-
5 619
-
pensions
3 776
-
13 971
-
unemployment
246
-
911
-
total
7 696
-
36 261
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
78 977
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
78 977
98 505
-
-
withholding
11 847
14 776
-
-
total
11 847
14 776
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 543
15 771
36 261
42 743
After tax
79 957
83 729
63 239
56 757
Living cost
12 827
12 827
12 827
12 827
Free-cash
67 130
70 902
50 412
43 930

Estimated living cost  is ₽12827 per week

₽7946
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽932
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3548
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7333
₽14522
₽11884
₽10195
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
25 591
national
-
-
-
21 443
regional
-
-
-
2 028
municipal
-
-
-
666
total
-
-
-
49 728
Employee
80 143
-
99 500
-
social contributions
27 024
-
33 552
-
municipal
478
-
594
-
national
13 543
-
18 418
-
regional
1 210
-
1 715
-
total
42 255
-
54 279
-
Employer
80 143
-
99 500
-
total
-
-
-
-
Corporate
19 357
99 500
-
-
nationa
4 646
23 880
-
-
municipal
933
4 795
-
-
total
5 579
28 675
-
-
Dividends
13 778
70 825
-
-
withholding
3 583
18 415
-
-
total
3 583
18 415
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 417
47 090
54 279
49 728
After tax
48 083
52 410
45 221
49 772
Living cost
37 888
37 888
37 888
37 888
Free-cash
10 195
14 522
7 333
11 884

Estimated living cost  is ₽37888 per week

₽26614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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