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
₽32907
₽21976
₽32318
₽41733
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 826
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.

-
-
-
6 386
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.

-
-
-
1 203
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.

-
-
-
21 866
total
-
-
-
38 281
Employee

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

35 751
-
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.

55
-
1 203
-
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.

999
-
21 866
-
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.

6 386
-
6 386
-
total
7 440
-
29 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 749
99 500
-
-
trade
10 040
15 672
-
-
income
9 563
14 925
-
-
chamber of commerce
234
286
-
-
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.

527
821
-
-
total
20 364
31 704
-
-
Dividends
43 385
67 797
-
-
withholding
10 490
16 594
-
-
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.

576
914
-
-
total
11 066
17 508
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 870
49 212
29 455
38 281
After tax
60 630
50 288
70 045
61 219
Living cost
28 312
28 312
28 312
28 312
Free-cash
32 318
21 976
41 733
32 907

Estimated living cost  is ₽28312 per week

₽17809
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3301
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.
₽6673
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10440
₽12515
₽11691
₽11221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
10 385
pensions
-
-
-
11 940
social contributions
-
-
-
1 070
national
-
-
-
16 092
total
-
-
-
39 487
Employee
76 847
-
86 017
-
municipal
9 492
-
10 770
-
national
14 708
-
16 689
-
pensions
3 074
-
3 441
-
total
27 274
-
30 900
-
Employer
76 847
-
86 017
-
pensions
6 148
-
6 881
-
social contributions
826
-
925
-
total
6 974
-
7 806
-
Corporate
10 607
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%.

2 121
19 900
-
-
total
2 121
19 900
-
-
Dividends
8 486
79 600
-
-
withholding
1 867
17 512
-
-
total
1 867
17 512
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 236
37 412
38 706
39 487
After tax
61 264
62 088
60 794
60 013
Living cost
49 573
49 573
49 573
49 573
Free-cash
11 691
12 515
11 221
10 440

Estimated living cost  is ₽49573 per week

₽33694
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4608
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽742
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10529
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33602
₽60154
₽52487
₽36570
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
31 989
income
-
-
-
14 463
microenterprise
-
-
-
-
total
-
-
-
46 452
Employee
27 313
-
80 183
-
social contributions

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

3 005
-
8 819
-
surtax
-
-
-
-
income
4 862
-
15 348
-
total
7 867
-
24 167
-
Employer
27 313
-
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.

6 579
-
19 317
-
total
6 579
-
19 317
-
Corporate
65 608
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%.

13 121
19 900
-
-
total
13 121
19 900
-
-
Dividends

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

52 487
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 567
19 900
43 484
46 452
After tax
71 933
79 600
56 016
53 048
Living cost
19 446
19 446
19 446
19 446
Free-cash
52 487
60 154
36 570
33 602

Estimated living cost  is ₽19446 per week

₽12406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1852
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4747
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17304
₽9134
₽3407
₽10804
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
20 562
total
-
-
-
43 039
Employee
79 821
79 821
84 675
-
pensions
14 368
10 951
10 951
-
income

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

13 065
13 065
13 065
-
health
12 252
10 421
10 698
-
total
39 685
34 437
34 714
-
Employer
79 821
79 821
84 675
-
pensions
5 556
5 556
5 893
-
unemployment
2 874
2 874
3 047
-
health
5 548
5 548
5 885
-
total
13 978
13 978
14 825
-
Corporate
6 680
5 701
-
-
income
1 336
1 141
-
-
total
1 336
1 141
-
-
Dividends
5 344
4 560
-
-
withholding
802
685
-
-
income
1 135
968
-
-
total
1 937
1 653
-
-
Income
99 500
99 500
99 500
99 500
Total tax
56 936
51 209
49 539
43 039
After tax
42 564
48 291
49 961
56 461
Living cost
39 157
39 157
39 157
39 157
Free-cash
3 407
9 134
10 804
17 304

Estimated living cost  is ₽39157 per week

₽27749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3530
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽623
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14103
₽15779
₽14914
₽14587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
22 373
pensions
-
-
-
9 133
health
-
-
-
5 272
other
-
-
-
9 817
unemployment
-
-
-
85
accident
-
-
-
169
national
-
-
-
-
total
-
-
-
46 849
Employee
54 927
-
75 712
-
municipal
16 379
-
22 577
-
national
-
-
-
-
total
16 379
-
22 577
-
Employer
54 927
-
75 712
-
pensions
5 937
-
8 184
-
other
6 383
-
8 798
-
unemployment
1 450
-
1 999
-
accident
110
-
151
-
health
3 378
-
4 656
-
total
17 258
-
23 788
-
Corporate
27 315
99 500
-
-
income
6 009
21 890
-
-
total
6 009
21 890
-
-
Dividends
21 306
77 610
-
-
withholding
6 392
23 283
-
-
total
6 392
23 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
46 038
45 173
46 365
46 849
After tax
53 462
54 327
53 135
52 651
Living cost
38 548
38 548
38 548
38 548
Free-cash
14 914
15 779
14 587
14 103

Estimated living cost  is ₽38548 per week

₽25548
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽585
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8632
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24107
₽13060
₽26193
₽33325
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 218
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.

-
-
-
6 386
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.

-
-
-
1 203
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.

-
-
-
21 866
total
-
-
-
38 673
Employee

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

47 402
-
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.

223
-
1 203
-
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.

4 073
-
21 866
-
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.

6 386
-
6 386
-
total
10 682
-
29 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 098
99 500
-
-
trade
8 571
16 367
-
-
income
7 815
14 925
-
-
chamber of commerce
216
284
-
-
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.

429
821
-
-
total
17 031
32 397
-
-
Dividends
35 066
67 103
-
-
withholding
8 411
16 420
-
-
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.

463
903
-
-
total
8 874
17 323
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 587
49 720
29 455
38 673
After tax
62 913
49 780
70 045
60 827
Living cost
36 720
36 720
36 720
36 720
Free-cash
26 193
13 060
33 325
24 107

Estimated living cost  is ₽36720 per week

₽24558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3872
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽548
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7741
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39724
₽42480
₽38601
₽39343
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 537
social contributions
-
-
-
15 123
income
-
-
-
11 798
total
-
-
-
29 458
Employee
71 876
71 876
90 331
-
social contributions
3 493
5 965
7 498
-
income
7 548
6 654
11 636
-
health
715
1 222
1 536
-
total
11 756
13 841
20 670
-
Employer
71 876
71 876
90 331
-
social contributions
3 493
5 965
7 498
-
health
779
1 330
1 671
-
total
4 272
7 295
9 169
-
Corporate
53 156
20 329
-
-
income
6 645
2 542
-
-
total
6 645
2 542
-
-
Dividends
46 511
17 787
-
-
withholding
7 908
3 024
-
-
total
7 908
3 024
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 581
26 702
29 839
29 458
After tax
68 919
72 798
69 661
70 042
Living cost
30 318
30 318
30 318
30 318
Free-cash
38 601
42 480
39 343
39 724

Estimated living cost  is ₽30318 per week

₽20725
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2368
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6716
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽51745
₽38852
₽39210
₽40499
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
9 950
health
-
-
-
6 965
unemployment
-
-
-
1 493
income
-
-
-
12 164
total
-
-
-
30 572
Employee

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

The minimum wage is 138,000 HUF per month.

24 804
9 872
83 264
-
pensions
2 480
987
8 326
-
unemployment
372
148
1 249
-
income
3 032
1 207
10 179
-
health
1 736
691
5 828
-
total
7 620
3 033
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.

24 804
9 872
83 264
-
pensions
4 837
1 925
16 236
-
total
4 837
1 925
16 236
-
Corporate
69 859
87 703
-
-
income
6 287
7 893
-
-
total
6 287
7 893
-
-
Dividends
63 572
79 810
-
-
withholding
12 079
15 164
-
-
social contributions
12 284
15 450
-
-
total
24 363
30 614
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 107
43 465
41 818
30 572
After tax
56 393
56 035
57 682
68 928
Living cost
17 183
17 183
17 183
17 183
Free-cash
39 210
38 852
40 499
51 745

Estimated living cost  is ₽17183 per week

₽11726
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1406
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽343
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3708
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30754
₽57023
₽51217
₽34775
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 900
health
-
-
-
12 935
income
-
-
-
13 334
total
-
-
-
46 169
Employee
26 517
-
74 365
-
pensions
530
-
1 486
-
unemployment
424
-
1 190
-
income
2 985
-
14 338
-
total
3 939
-
17 014
-
Employer
26 517
-
74 365
-
pensions
5 304
-
14 873
-
unemployment
213
-
594
-
health
3 447
-
9 667
-
total
8 964
-
25 134
-
Corporate
64 020
99 500
-
-
income
12 803
19 900
-
-
total
12 803
19 900
-
-
Dividends
51 217
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
25 706
19 900
42 148
46 169
After tax
73 794
79 600
57 352
53 331
Living cost
22 577
22 577
22 577
22 577
Free-cash
51 217
57 023
34 775
30 754

Estimated living cost  is ₽22577 per week

₽15485
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47349
-₽12856
₽4850
₽30744
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
24 615
total
-
-
-
31 236
Employee
32 900
-
85 504
-
pensions
3 705
-
7 253
-
income
4 514
-
16 801
-
health
3 767
-
9 790
-
total
11 986
-
33 844
-
Employer
32 900
-
85 504
-
pensions
5 350
-
10 474
-
unemployment
806
-
2 095
-
accident
549
-
1 428
-
total
6 705
-
13 997
-
Corporate
59 895
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.

53 906
89 550
-
-
total
53 906
89 550
-
-
Dividends
5 989
9 950
-
-
withholding
1 138
1 891
-
-
total
1 138
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 735
91 441
47 841
31 236
After tax
25 765
8 059
51 659
68 264
Living cost
20 915
20 915
20 915
20 915
Free-cash
4 850
-12 856
30 744
47 349

Estimated living cost  is ₽20915 per week

₽15329
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1159
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽437
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3991
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽90867
₽86887
₽85455
₽71962
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
9 547
-
99 500
-
income
1 909
-
19 900
-
total
1 909
-
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%.

89 953
99 500
-
-
total
-
-
-
-
Dividends
89 953
99 500
-
-
withholding
4 498
4 975
-
-
total
4 498
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
6 407
4 975
19 900
995
After tax
93 093
94 525
79 600
98 505
Living cost
7 638
7 638
7 638
7 638
Free-cash
85 455
86 887
71 962
90 867

Estimated living cost  is ₽7638 per week

₽4733
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽635
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽210
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2060
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28935
₽48196
₽41885
₽33052
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
23 881
health
-
-
-
4 378
other
-
-
-
4 725
income
-
-
-
12 674
total
-
-
-
45 658
Employee
33 939
-
79 474
-
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.

2 375
-
5 563
-
unemployment
339
-
795
-
income
5 843
-
14 045
-
health
475
-
1 112
-
total
9 032
-
21 515
-
Employer
33 939
-
79 474
-
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.

5 770
-
13 511
-
other
1 698
-
3 973
-
unemployment
339
-
795
-
accident
271
-
635
-
health
475
-
1 112
-
total
8 553
-
20 026
-
Corporate
57 008
99 500
-
-
income
11 971
20 895
-
-
total
11 971
20 895
-
-
Dividends
45 036
78 605
-
-
withholding
3 152
5 502
-
-
total
3 152
5 502
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 708
26 397
41 541
45 658
After tax
66 792
73 103
57 959
53 842
Living cost
24 907
24 907
24 907
24 907
Free-cash
41 885
48 196
33 052
28 935

Estimated living cost  is ₽24907 per week

₽17598
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1682
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽401
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5226
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8972
₽10187
₽115
₽69
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 045
income
-
-
-
21 730
total
-
-
-
28 775
Employee
87 372
-
87 502
-
pensions
8 429
-
8 445
-
income
15 750
-
15 794
-
health
1 440
-
1 442
-
total
25 619
-
25 681
-
Employer
87 372
-
87 502
-
pensions
10 316
-
10 334
-
health
1 659
-
1 663
-
total
11 975
-
11 997
-
Corporate
153
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.

28
18 906
-
-
total
28
18 906
-
-
Dividends
124
80 594
-
-
withholding
10
8 654
-
-
total
10
8 654
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 632
27 560
37 678
28 775
After tax
61 868
71 940
61 822
70 725
Living cost
61 753
61 753
61 753
61 753
Free-cash
115
10 187
69
8 972

Estimated living cost  is ₽61753 per week

₽46273
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7256
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽502
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7723
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽63590
₽72811
₽68466
₽66790
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
14 925
total
-
-
-
23 648
Employee
16 236
-
93 091
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
pensions

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

1 426
-
2 868
-
income
1 623
-
9 309
-
health
747
-
1 503
-
total
3 975
-
14 039
-
Employer
16 236
-
93 091
-
pensions

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

1 789
-
3 600
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

179
-
359
-
health
1 121
-
2 254
-
total
3 186
-
6 409
-
Corporate
80 078
99 500
-
-
income
8 008
9 950
-
-
total
8 008
9 950
-
-
Dividends
72 070
89 550
-
-
withholding
3 603
4 477
-
-
total
3 603
4 477
-
-
Income
99 500
99 500
99 500
99 500
Total tax
18 772
14 427
20 448
23 648
After tax
80 728
85 073
79 052
75 852
Living cost
12 262
12 262
12 262
12 262
Free-cash
68 466
72 811
66 790
63 590

Estimated living cost  is ₽12262 per week

₽7158
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽876
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽325
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3903
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4629
-₽3541
-₽2332
-₽1871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
10 951
health
-
-
-
11 526
income
-
-
-
20 562
total
-
-
-
43 039
Employee
86 660
79 821
84 675
-
pensions
10 951
10 951
10 951
-
income

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

13 065
13 065
13 065
-
health
10 811
10 421
10 698
-
total
34 827
34 437
34 714
-
Employer
86 660
79 821
84 675
-
pensions
6 031
5 556
5 893
-
unemployment
3 120
2 874
3 047
-
health
6 022
5 548
5 885
-
total
15 173
13 978
14 825
-
Corporate
-
5 701
-
-
income
-
1 141
-
-
total
-
1 141
-
-
Dividends
-
4 560
-
-
withholding
-
685
-
-
income
-
968
-
-
total
-
1 653
-
-
Income
99 500
99 500
99 500
99 500
Total tax
50 000
51 209
49 539
43 039
After tax
49 500
48 291
49 961
56 461
Living cost
51 832
51 832
51 832
51 832
Free-cash
-2 332
-3 541
-1 871
4 629

Estimated living cost  is ₽51832 per week

₽38234
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4630
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8374
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25233
₽45278
₽36991
₽27266
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 433
social contributions
-
-
-
29 054
solidarity contribution
-
-
-
-
income
-
-
-
8 552
total
-
-
-
51 039
Employee
34 159
-
74 254
-
social contributions
2 220
-
4 826
-
income
4 099
-
8 910
-
solidarity contribution
-
-
-
-
health
4 612
-
10 024
-
total
10 931
-
23 760
-
Employer
34 159
-
74 254
-
social contributions
8 540
-
18 563
-
health
3 074
-
6 683
-
total
11 614
-
25 246
-
Corporate
53 727
99 500
-
-
income
10 208
18 905
-
-
total
10 208
18 905
-
-
Dividends
43 519
80 595
-
-
withholding
6 528
12 089
-
-
total
6 528
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 281
30 994
49 006
51 039
After tax
60 219
68 506
50 494
48 461
Living cost
23 228
23 228
23 228
23 228
Free-cash
36 991
45 278
27 266
25 233

Estimated living cost  is ₽23228 per week

₽16135
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1652
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽457
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4984
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11211
₽13644
₽8766
₽6474
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
591
regional
-
-
-
1 108
social contributions
-
-
-
25 591
national
-
-
-
21 557
total
-
-
-
48 847
Employee
83 072
-
99 500
-
social contributions
28 012
-
33 552
-
municipal
440
-
527
-
regional
784
-
972
-
national
14 394
-
18 533
-
total
43 630
-
53 584
-
Employer
83 072
-
99 500
-
total
-
-
-
-
Corporate
16 428
99 500
-
-
nationa
3 943
23 881
-
-
municipal
640
3 881
-
-
total
4 583
27 762
-
-
Dividends
11 844
71 738
-
-
withholding
3 079
18 652
-
-
total
3 079
18 652
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 292
46 414
53 584
48 847
After tax
48 208
53 086
45 916
50 653
Living cost
39 442
39 442
39 442
39 442
Free-cash
8 766
13 644
6 474
11 211

Estimated living cost  is ₽39442 per week

₽27494
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2586
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽8756
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29823
₽41961
₽39050
₽28009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 900
health
-
-
-
7 065
surtax
-
-
-
2 455
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
19 418
total
-
-
-
49 051
Employee
30 911
-
82 196
-
surtax
101
-
2 219
-
pensions
2 061
-
5 483
-
other
-
-
-
-
unemployment
2 152
-
5 721
-
income
5 181
-
18 043
-
health
789
-
2 095
-
total
10 284
-
33 561
-
Employer
30 911
-
82 196
-
pensions
4 121
-
10 957
-
other
-
-
-
-
unemployment
979
-
2 606
-
health
1 407
-
3 741
-
total
6 507
-
17 304
-
Corporate
62 083
99 500
-
-
income
16 142
25 869
-
-
total
16 142
25 869
-
-
Dividends
45 941
73 631
-
-
withholding
6 891
11 044
-
-
total
6 891
11 044
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 824
36 913
50 865
49 051
After tax
59 676
62 587
48 635
50 449
Living cost
20 626
20 626
20 626
20 626
Free-cash
39 050
41 961
28 009
29 823

Estimated living cost  is ₽20626 per week

₽12612
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
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.
₽5635
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28537
₽29752
₽25094
₽19634
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 045
income
-
-
-
21 730
total
-
-
-
28 775
Employee
58 554
-
87 502
-
pensions
4 970
-
8 445
-
income
10 546
-
15 794
-
health
850
-
1 442
-
total
16 366
-
25 681
-
Employer
58 554
-
87 502
-
pensions
6 339
-
10 334
-
health
1 112
-
1 663
-
total
7 451
-
11 997
-
Corporate
33 495
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.

6 365
18 906
-
-
total
6 365
18 906
-
-
Dividends
27 130
80 594
-
-
withholding
2 036
8 654
-
-
total
2 036
8 654
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 218
27 560
37 678
28 775
After tax
67 282
71 940
61 822
70 725
Living cost
42 188
42 188
42 188
42 188
Free-cash
25 094
29 752
19 634
28 537

Estimated living cost  is ₽42188 per week

₽31607
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3162
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6977
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽8405
-₽29044
₽2850
₽3449
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
regional
-
-
-
3 462
city
-
-
-
1 049
pensions
-
-
-
9 156
health
-
-
-
243
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.

-
-
-
1 989
national
-
-
-
651
total
-
-
-
16 550
Employee
87 237
-
89 056
-
regional
2 857
-
2 954
-
national
413
-
448
-
pensions
7 329
-
7 482
-
unemployment
-
-
-
-
city
936
-
957
-
health
197
-
201
-
total
11 732
-
12 042
-
Employer
87 237
-
89 056
-
pensions
7 329
-
7 482
-
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.

1 744
-
1 781
-
unemployment
-
-
-
-
health
197
-
201
-
total
9 270
-
9 464
-
Corporate
2 033
99 500
-
-
regional
431
21 043
-
-
national
172
8 457
-
-
total
603
29 500
-
-
Dividends
1 430
70 000
-
-
withholding
500
24 499
-
-
total
500
24 499
-
-
Income
99 500
99 500
99 500
99 500
Total tax
22 105
53 999
21 506
16 550
After tax
77 395
45 501
77 994
82 950
Living cost
74 545
74 545
74 545
74 545
Free-cash
2 850
-29 044
3 449
8 405

Estimated living cost  is ₽74545 per week

₽48476
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6690
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽915
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18464
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽17615
₽6448
₽21603
₽27225
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
9 610
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.

-
-
-
6 386
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.

-
-
-
1 203
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.

-
-
-
21 866
total
-
-
-
39 065
Employee

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

56 175
-
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.

364
-
1 203
-
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.

6 606
-
21 866
-
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.

6 386
-
6 386
-
total
13 356
-
29 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 325
99 500
-
-
trade
7 430
17 064
-
-
income
6 499
14 925
-
-
chamber of commerce
202
282
-
-
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.

358
821
-
-
total
14 489
33 092
-
-
Dividends
28 835
66 408
-
-
withholding
6 854
16 246
-
-
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.

378
894
-
-
total
7 232
17 140
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 077
50 232
29 455
39 065
After tax
64 423
49 268
70 045
60 435
Living cost
42 820
42 820
42 820
42 820
Free-cash
21 603
6 448
27 225
17 615

Estimated living cost  is ₽42820 per week

₽31274
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3425
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽557
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25142
₽18167
₽23690
₽29871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 950
health
-
-
-
2 175
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 327
total
-
-
-
42 378
Employee
40 005
-
80 503
-
social contributions
1 141
-
2 294
-
surtax
-
-
-
-
pensions
4 523
-
4 043
-
income
2 361
-
12 315
-
total
8 025
-
18 652
-
Employer
40 005
-
80 503
-
pensions
6 572
-
7 083
-
social contributions
121
-
241
-
other
1 380
-
2 778
-
unemployment
1 619
-
3 260
-
health
2 801
-
5 635
-
total
12 493
-
18 997
-
Corporate
47 002
99 500
-
-
income
13 160
27 859
-
-
surtax
-
-
-
-
total
13 160
27 859
-
-
Dividends
33 843
71 641
-
-
withholding
4 332
9 171
-
-
surtax
-
-
-
-
social contributions
5 820
12 323
-
-
total
10 152
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 830
49 353
37 649
42 378
After tax
55 670
50 147
61 851
57 122
Living cost
31 980
31 980
31 980
31 980
Free-cash
23 690
18 167
29 871
25 142

Estimated living cost  is ₽31980 per week

₽20165
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2600
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽545
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8672
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28311
₽21336
₽26530
₽33040
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 950
health
-
-
-
2 175
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 327
total
-
-
-
42 378
Employee
35 710
-
80 503
-
social contributions
1 018
-
2 294
-
surtax
-
-
-
-
pensions
4 039
-
4 043
-
income
1 841
-
12 315
-
total
6 898
-
18 652
-
Employer
35 710
-
80 503
-
pensions
5 868
-
7 083
-
social contributions
106
-
241
-
other
1 233
-
2 778
-
unemployment
1 446
-
3 260
-
health
2 499
-
5 635
-
total
11 152
-
18 997
-
Corporate
52 638
99 500
-
-
income
14 739
27 859
-
-
surtax
-
-
-
-
total
14 739
27 859
-
-
Dividends
37 900
71 641
-
-
withholding
4 851
9 171
-
-
surtax
-
-
-
-
social contributions
6 519
12 323
-
-
total
11 370
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 159
49 353
37 649
42 378
After tax
55 341
50 147
61 851
57 122
Living cost
28 811
28 811
28 811
28 811
Free-cash
26 530
21 336
33 040
28 311

Estimated living cost  is ₽28811 per week

₽16709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2927
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽546
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8630
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44080
₽40882
₽41369
₽43942
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
6 944
social contributions
-
-
-
13 731
income
-
-
-
14 925
total
-
-
-
35 600
Employee
31 693
-
99 500
-
social contributions
4 374
-
13 731
-
income
5 286
-
15 063
-
health
2 212
-
6 944
-
total
11 872
-
35 738
-
Employer
31 693
-
99 500
-
total
-
-
-
-
Corporate
67 807
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%.

3 390
4 976
-
-
total
3 390
4 976
-
-
Dividends
64 418
94 524
-
-
withholding
9 662
14 178
-
-
social contributions
8 890
13 045
-
-
health
4 497
6 599
-
-
total
23 049
33 822
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 311
38 798
35 738
35 600
After tax
61 189
60 702
63 762
63 900
Living cost
19 820
19 820
19 820
19 820
Free-cash
41 369
40 882
43 942
44 080

Estimated living cost  is ₽19820 per week

₽13265
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4876
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16953
₽22743
₽21295
-₽3525
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 407
health
-
-
-
7 611
surtax
-
-
-
184
unemployment
-
-
-
5 733
income
-
-
-
17 279
chamber of commerce
-
-
-
397
total
-
-
-
49 611
Employee
46 713
37 250
77 122
-
pensions
4 784
3 814
7 897
-
other
467
372
772
-
unemployment
1 401
1 117
2 313
-
income
5 318
2 748
15 351
-
health
1 808
1 442
2 985
-
total
13 778
9 493
29 318
-
Employer
46 713
37 250
77 122
-
payroll
1 401
1 117
2 313
-
chamber of commerce
186
149
309
-
pensions
5 862
4 676
9 678
-
surtax
184
184
184
-
other
2 219
1 768
3 665
-
unemployment
1 401
1 117
2 313
-
accident
607
484
1 002
-
health
1 765
1 408
2 914
-
total
13 625
10 903
22 378
-
Corporate
39 160
51 345
73 574
-
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.

9 790
12 835
18 393
-
total
9 790
12 835
18 393
-
Dividends
29 371
38 509
-
-
withholding
8 076
10 590
-
-
total
8 076
10 590
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 269
43 821
70 089
49 611
After tax
54 231
55 679
29 411
49 889
Living cost
32 936
32 936
32 936
32 936
Free-cash
21 295
22 743
-3 525
16 953

Estimated living cost  is ₽32936 per week

₽21967
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2810
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.
₽7619
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11916
₽21702
₽7680
₽4352
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 847
communal

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

-
-
-
5 020
national
-
-
-
32 636
total
-
-
-
53 503
Employee

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

66 861
-
77 065
-
national
20 556
-
24 547
-
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.

5 015
-
5 779
-
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.

582
-
670
-
communal

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

3 487
-
4 019
-
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.

3 141
-
3 622
-
total
32 781
-
38 637
-
Employer

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

66 861
-
77 065
-
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.

5 925
-
6 827
-
surtax
7 581
-
8 738
-
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.

976
-
1 125
-
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.

869
-
1 000
-
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.

4 112
-
4 740
-
total
19 463
-
22 430
-
Corporate
13 177
99 500
-
-
income
2 636
19 900
-
-
surtax
53
397
-
-
total
2 689
20 297
-
-
Dividends
10 487
79 202
-
-
withholding

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

2 806
23 420
-
-
total
2 806
23 420
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 739
43 717
61 067
53 503
After tax
41 761
55 783
38 433
45 997
Living cost
34 081
34 081
34 081
34 081
Free-cash
7 680
21 702
4 352
11 916

Estimated living cost  is ₽34081 per week

₽21953
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2980
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽534
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8615
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20178
₽33270
₽25823
₽18382
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
19 573
total
-
-
-
45 565
Employee
46 528
-
75 449
-
pensions
2 187
-
3 546
-
other
46
-
76
-
unemployment
722
-
1 169
-
income
9 817
-
18 519
-
total
12 772
-
23 310
-
Employer
46 528
-
75 449
-
pensions
10 980
-
17 805
-
other
371
-
603
-
unemployment
2 560
-
4 149
-
accident
921
-
1 494
-
total
14 832
-
24 051
-
Corporate
38 141
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.

5 721
14 925
-
-
total
5 721
14 925
-
-
Dividends
32 421
84 575
-
-
withholding
6 595
17 548
-
-
total
6 595
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 920
32 473
47 361
45 565
After tax
59 580
67 027
52 139
53 935
Living cost
33 757
33 757
33 757
33 757
Free-cash
25 823
33 270
18 382
20 178

Estimated living cost  is ₽33757 per week

₽24858
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2395
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6017
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5338
₽9889
₽3232
₽9622
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
14 914
health
-
-
-
6 992
surtax
-
-
-
4 933
accident
-
-
-
839
communal
-
-
-
6 288
income
-
-
-
9 399
total
-
-
-
43 365
Employee
70 786
-
88 878
-
surtax
4 339
-
5 447
-
pensions
5 662
-
7 109
-
income
6 837
-
11 952
-
health
3 150
-
3 954
-
total
19 988
-
28 462
-
Employer
70 786
-
88 878
-
pensions
5 662
-
7 109
-
accident
637
-
800
-
health
2 159
-
2 710
-
total
8 458
-
10 619
-
Corporate
20 257
99 500
-
-
communal
-
6 716
-
-
income
3 039
14 925
-
-
surtax
213
1 045
-
-
total
3 252
22 686
-
-
Dividends
17 005
76 815
-
-
withholding
2 551
11 523
-
-
income
11 222
4 605
-
-
total
13 773
16 128
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 471
38 814
39 081
43 365
After tax
54 029
60 686
60 419
56 135
Living cost
50 797
50 797
50 797
50 797
Free-cash
3 232
9 889
9 622
5 338

Estimated living cost  is ₽50797 per week

₽38105
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3078
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽537
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9075
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29454
₽41592
₽38616
₽27640
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
19 900
health
-
-
-
7 065
surtax
-
-
-
2 455
other
-
-
-
-
unemployment
-
-
-
213
income
-
-
-
19 418
total
-
-
-
49 051
Employee
31 478
-
82 196
-
surtax
112
-
2 219
-
pensions
2 100
-
5 483
-
other
-
-
-
-
unemployment
2 191
-
5 721
-
income
5 277
-
18 043
-
health
804
-
2 095
-
total
10 484
-
33 561
-
Employer
31 478
-
82 196
-
pensions
4 197
-
10 957
-
other
-
-
-
-
unemployment
999
-
2 606
-
health
1 431
-
3 741
-
total
6 627
-
17 304
-
Corporate
61 395
99 500
-
-
income
15 963
25 869
-
-
total
15 963
25 869
-
-
Dividends
45 432
73 631
-
-
withholding
6 815
11 044
-
-
total
6 815
11 044
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 889
36 913
50 865
49 051
After tax
59 611
62 587
48 635
50 449
Living cost
20 995
20 995
20 995
20 995
Free-cash
38 616
41 592
27 640
29 454

Estimated living cost  is ₽20995 per week

₽12676
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1825
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽488
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6008
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25082
₽27120
₽25045
₽20371
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
591
regional
-
-
-
1 500
social contributions
-
-
-
25 591
national
-
-
-
21 557
total
-
-
-
49 239
Employee
51 850
-
99 500
-
social contributions
17 484
-
33 552
-
municipal
275
-
527
-
regional
698
-
1 338
-
national
8 215
-
18 533
-
total
26 672
-
53 950
-
Employer
51 850
-
99 500
-
total
-
-
-
-
Corporate
47 650
99 500
-
-
nationa
11 436
23 881
-
-
municipal
2 368
4 945
-
-
total
13 804
28 826
-
-
Dividends
33 846
70 674
-
-
withholding
8 800
18 375
-
-
total
8 800
18 375
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 276
47 201
53 950
49 239
After tax
50 224
52 299
45 550
50 261
Living cost
25 179
25 179
25 179
25 179
Free-cash
25 045
27 120
20 371
25 082

Estimated living cost  is ₽25179 per week

₽15659
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2551
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽431
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6538
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19838
₽39883
₽29672
₽21871
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
13 433
social contributions
-
-
-
29 054
solidarity contribution
-
-
-
-
income
-
-
-
8 552
total
-
-
-
51 039
Employee
42 093
-
74 254
-
social contributions
2 736
-
4 826
-
income
5 051
-
8 910
-
solidarity contribution
-
-
-
-
health
5 683
-
10 024
-
total
13 470
-
23 760
-
Employer
42 093
-
74 254
-
social contributions
10 523
-
18 563
-
health
3 788
-
6 683
-
total
14 311
-
25 246
-
Corporate
43 095
99 500
-
-
income
8 188
18 905
-
-
total
8 188
18 905
-
-
Dividends
34 907
80 595
-
-
withholding
5 236
12 089
-
-
total
5 236
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
41 205
30 994
49 006
51 039
After tax
58 295
68 506
50 494
48 461
Living cost
28 623
28 623
28 623
28 623
Free-cash
29 672
39 883
21 871
19 838

Estimated living cost  is ₽28623 per week

₽21286
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1586
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.
₽5256
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20252
₽25957
₽25492
-₽377
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 407
health
-
-
-
7 611
surtax
-
-
-
-
unemployment
-
-
-
5 733
income
-
-
-
17 279
chamber of commerce
-
-
-
397
total
-
-
-
49 427
Employee
40 859
37 250
77 262
-
pensions
4 184
3 814
7 911
-
other
408
372
773
-
unemployment
1 226
1 117
2 318
-
income
3 640
2 748
15 398
-
health
1 580
1 442
2 991
-
total
11 038
9 493
29 391
-
Employer
40 859
37 250
77 262
-
payroll
1 226
1 117
2 318
-
chamber of commerce
163
149
309
-
pensions
5 128
4 676
9 696
-
surtax
-
-
-
-
other
1 941
1 768
3 670
-
unemployment
1 226
1 117
2 318
-
accident
530
484
1 004
-
health
1 545
1 408
2 920
-
total
11 759
10 719
22 235
-
Corporate
46 882
51 529
73 718
-
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.

11 721
12 881
18 430
-
total
11 721
12 881
18 430
-
Dividends
35 161
38 648
-
-
withholding
9 669
10 629
-
-
total
9 669
10 629
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 187
43 722
70 056
49 427
After tax
55 313
55 778
29 444
50 073
Living cost
29 821
29 821
29 821
29 821
Free-cash
25 492
25 957
-377
20 252

Estimated living cost  is ₽29821 per week

₽17889
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3046
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.
₽8355
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽86603
₽82623
₽80391
₽67698
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
14 878
-
99 500
-
income
2 976
-
19 900
-
total
2 976
-
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%.

84 622
99 500
-
-
total
-
-
-
-
Dividends
84 622
99 500
-
-
withholding
4 231
4 975
-
-
total
4 231
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
7 207
4 975
19 900
995
After tax
92 293
94 525
79 600
98 505
Living cost
11 902
11 902
11 902
11 902
Free-cash
80 391
82 623
67 698
86 603

Estimated living cost  is ₽11902 per week

₽8054
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽399
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2949
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26143
₽43435
₽35615
₽23292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 171
health
-
-
-
9 791
unemployment
-
-
-
149
income
-
-
-
20 175
total
-
-
-
48 286
Employee

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

41 334
-
86 094
-
pensions
6 407
-
13 344
-
unemployment
59
-
121
-
income
7 128
-
18 704
-
health
2 670
-
5 563
-
total
16 264
-
37 732
-
Employer

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

41 334
-
86 094
-
pensions
3 658
-
7 619
-
unemployment
25
-
51
-
health
2 753
-
5 735
-
total
6 436
-
13 405
-
Corporate
51 731
99 500
-
-
income
9 829
18 905
-
-
total
9 829
18 905
-
-
Dividends
41 902
80 595
-
-
withholding
6 285
12 089
-
-
total
6 285
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 814
30 994
51 137
48 286
After tax
60 686
68 506
48 363
51 214
Living cost
25 071
25 071
25 071
25 071
Free-cash
35 615
43 435
23 292
26 143

Estimated living cost  is ₽25071 per week

₽17206
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1607
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5774
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27980
₽19754
-₽41427
₽46284
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
58 476
-
-
-
social contributions
4 795
-
683
-
income
12 899
-
-
-
total
17 694
-
683
-
Employer
58 476
-
-
-
social contributions
82 451
-
11 751
-
total
82 451
-
11 751
-
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
100 145
38 964
12 434
30 738
After tax
-645
60 536
87 066
68 762
Living cost
40 782
40 782
40 782
40 782
Free-cash
-41 427
19 754
46 284
27 980

Estimated living cost  is ₽40782 per week

₽26461
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3836
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9966
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26036
₽27277
₽26336
₽20606
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
34 577
income
-
-
-
9 568
total
-
-
-
44 145
Employee
42 990
-
80 403
-
social contributions
4 729
-
8 844
-
surtax
-
-
-
-
income
8 942
-
21 636
-
total
13 671
-
30 480
-
Employer
42 990
-
80 403
-
social contributions
10 210
-
19 095
-
total
10 210
-
19 095
-
Corporate
46 300
99 500
-
-
income
9 722
20 895
-
-
surtax
-
-
-
-
total
9 722
20 895
-
-
Dividends
36 578
78 605
-
-
withholding
10 242
22 009
-
-
total
10 242
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 845
42 904
49 575
44 145
After tax
55 655
56 596
49 925
55 355
Living cost
29 319
29 319
29 319
29 319
Free-cash
26 336
27 277
20 606
26 036

Estimated living cost  is ₽29319 per week

₽21937
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5164
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11976
₽5001
₽11427
₽16705
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
23 950
health
-
-
-
2 175
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 327
total
-
-
-
42 378
Employee
58 543
-
80 503
-
social contributions
1 667
-
2 294
-
surtax
-
-
-
-
pensions
6 622
-
4 043
-
income
5 108
-
12 315
-
total
13 397
-
18 652
-
Employer
58 543
-
80 503
-
pensions
9 619
-
7 083
-
social contributions
176
-
241
-
other
2 020
-
2 778
-
unemployment
2 372
-
3 260
-
health
4 097
-
5 635
-
total
18 284
-
18 997
-
Corporate
22 672
99 500
-
-
income
6 348
27 859
-
-
surtax
-
-
-
-
total
6 348
27 859
-
-
Dividends
16 324
71 641
-
-
withholding
2 090
9 171
-
-
surtax
-
-
-
-
social contributions
2 808
12 323
-
-
total
4 898
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
42 927
49 353
37 649
42 378
After tax
56 573
50 147
61 851
57 122
Living cost
45 146
45 146
45 146
45 146
Free-cash
11 427
5 001
16 705
11 976

Estimated living cost  is ₽45146 per week

₽30554
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3693
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽619
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10279
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47430
₽61454
₽58312
₽50071
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 889
income
-
-
-
2 084
total
-
-
-
23 973
Employee
30 050
-
86 147
-
social contributions
1 953
-
5 600
-
income
-
-
2 379
-
total
1 953
-
7 979
-
Employer
30 050
-
86 147
-
social contributions
4 658
-
13 353
-
total
4 658
-
13 353
-
Corporate
64 792
99 500
-
-
income
6 480
9 949
-
-
total
6 480
9 949
-
-
Dividends
58 312
89 551
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
13 091
9 949
21 332
23 973
After tax
86 409
89 551
78 168
75 527
Living cost
28 097
28 097
28 097
28 097
Free-cash
58 312
61 454
50 071
47 430

Estimated living cost  is ₽28097 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2118
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.
₽7283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽16388
-₽103923
-₽103923
-₽103923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
18 797
pensions
-
-
-
809
labour market
-
-
-
7 895
national
-
-
-
10 646
total
-
-
-
38 147
Employee
189 787
189 787
189 787
-
municipal
40 414
40 414
40 414
-
national
23 186
23 186
23 186
-
pensions
270
270
270
-
labour market
15 161
15 161
15 161
-
total
79 031
79 031
79 031
-
Employer
189 787
189 787
189 787
-
labour market
15 183
15 183
15 183
-
pensions
540
540
540
-
municipal
40 478
40 478
40 478
-
national
23 226
23 226
23 226
-
total
79 427
79 427
79 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
158 458
158 458
158 458
38 147
After tax
-58 958
-58 958
-58 958
61 353
Living cost
44 965
44 965
44 965
44 965
Free-cash
-103 923
-103 923
-103 923
16 388

Estimated living cost  is ₽44965 per week

₽30775
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3978
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽692
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9521
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47658
-₽12547
₽4899
₽31053
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
24 615
total
-
-
-
31 236
Employee
32 415
-
85 504
-
pensions
3 650
-
7 253
-
income
4 447
-
16 801
-
health
3 712
-
9 790
-
total
11 809
-
33 844
-
Employer
32 415
-
85 504
-
pensions
5 271
-
10 474
-
unemployment
794
-
2 095
-
accident
541
-
1 428
-
total
6 606
-
13 997
-
Corporate
60 479
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.

54 431
89 550
-
-
total
54 431
89 550
-
-
Dividends
6 048
9 950
-
-
withholding
1 149
1 891
-
-
total
1 149
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 995
91 441
47 841
31 236
After tax
25 505
8 059
51 659
68 264
Living cost
20 606
20 606
20 606
20 606
Free-cash
4 899
-12 547
31 053
47 658

Estimated living cost  is ₽20606 per week

₽14999
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1175
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.
₽4046
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34095
₽29811
₽28402
₽20402
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
17 704
health
-
-
-
1 142
national
-
-
-
10 673
total
-
-
-
29 519
Employee
49 178
-
83 706
-
municipal
8 055
-
13 662
-
national
812
-
5 951
-
pensions
3 319
-
5 650
-
unemployment
738
-
1 256
-
health
367
-
899
-
total
13 291
-
27 418
-
Employer
49 178
-
83 706
-
pensions
8 532
-
14 522
-
unemployment
319
-
545
-
accident
50
-
83
-
health
378
-
644
-
total
9 279
-
15 794
-
Corporate
41 044
99 500
-
-
income
8 209
19 900
-
-
total
8 209
19 900
-
-
Dividends

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

24 626
59 700
-
-
municipal
4 433
10 746
-
-
national
-
3 157
-
-
total
4 433
13 903
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 212
33 803
43 212
29 519
After tax
64 288
65 697
56 288
69 981
Living cost
35 886
35 886
35 886
35 886
Free-cash
28 402
29 811
20 402
34 095

Estimated living cost  is ₽35886 per week

₽23441
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8424
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48401
₽51157
₽46071
₽48020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 537
social contributions
-
-
-
15 123
income
-
-
-
11 798
total
-
-
-
29 458
Employee
71 876
71 876
90 331
-
social contributions
2 717
5 965
7 498
-
income
7 826
6 654
11 636
-
health
557
1 222
1 536
-
total
11 100
13 841
20 670
-
Employer
71 876
71 876
90 331
-
social contributions
2 717
5 965
7 498
-
health
605
1 330
1 671
-
total
3 322
7 295
9 169
-
Corporate
63 436
20 329
-
-
income
7 929
2 542
-
-
total
7 929
2 542
-
-
Dividends
55 507
17 787
-
-
withholding
9 437
3 024
-
-
total
9 437
3 024
-
-
Income
99 500
99 500
99 500
99 500
Total tax
31 788
26 702
29 839
29 458
After tax
67 712
72 798
69 661
70 042
Living cost
21 641
21 641
21 641
21 641
Free-cash
46 071
51 157
48 020
48 401

Estimated living cost  is ₽21641 per week

₽12970
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2123
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽479
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6070
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽65717
₽67556
₽62801
₽46969
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
5 946
health
-
-
-
3 383
unemployment
-
-
-
27
income
-
-
-
9 586
total
-
-
-
18 942
Employee

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

21 455
-
90 365
-
pensions
3 218
-
13 304
-
unemployment
106
-
443
-
income
1 467
-
7 269
-
health
1 823
-
7 539
-
total
6 614
-
28 555
-
Employer

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

21 455
-
90 365
-
pensions
1 180
-
4 878
-
unemployment
106
-
443
-
health
922
-
3 814
-
total
2 208
-
9 135
-
Corporate
75 837
99 500
-
-
income
6 826
8 954
-
-
total
6 826
8 954
-
-
Dividends
69 011
90 546
-
-
withholding
6 210
8 149
-
-
total
6 210
8 149
-
-
Income
99 500
99 500
99 500
99 500
Total tax
21 858
17 103
37 690
18 942
After tax
77 642
82 397
61 810
80 558
Living cost
14 841
14 841
14 841
14 841
Free-cash
62 801
67 556
46 969
65 717

Estimated living cost  is ₽14841 per week

₽9469
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1070
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽442
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3860
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28231
₽41323
₽36417
₽26435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
19 573
total
-
-
-
45 565
Employee
34 562
-
75 449
-
pensions
1 625
-
3 546
-
other
34
-
76
-
unemployment
536
-
1 169
-
income
6 663
-
18 519
-
total
8 858
-
23 310
-
Employer
34 562
-
75 449
-
pensions
8 156
-
17 805
-
other
277
-
603
-
unemployment
1 902
-
4 149
-
accident
685
-
1 494
-
total
11 020
-
24 051
-
Corporate
53 919
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.

8 089
14 925
-
-
total
8 089
14 925
-
-
Dividends
45 830
84 575
-
-
withholding
9 412
17 548
-
-
total
9 412
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 379
32 473
47 361
45 565
After tax
62 121
67 027
52 139
53 935
Living cost
25 704
25 704
25 704
25 704
Free-cash
36 417
41 323
26 435
28 231

Estimated living cost  is ₽25704 per week

₽17350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2471
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽451
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5433
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61785
₽60267
₽59968
₽61655
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
1 328
health
-
-
-
963
income
-
-
-
33 603
total
-
-
-
35 894
Employee
2 773
-
98 006
-
pensions
250
-
598
-
unemployment
28
-
66
-
income
536
-
33 534
-
health
139
-
332
-
total
953
-
34 530
-
Employer
2 773
-
98 006
-
pensions
305
-
730
-
unemployment
55
-
133
-
health
263
-
631
-
total
623
-
1 494
-
Corporate
96 103
99 500
-
-
income
21 143
21 890
-
-
total
21 143
21 890
-
-
Dividends
74 960
77 610
-
-
withholding
14 992
15 522
-
-
total
14 992
15 522
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 711
37 412
36 024
35 894
After tax
61 789
62 088
63 476
63 606
Living cost
1 821
1 821
1 821
1 821
Free-cash
59 968
60 267
61 655
61 785

Estimated living cost  is ₽1821 per week

₽1082
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽148
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽42
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37220
₽55734
₽51137
₽37221
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
17 949
health
-
-
-
7 111
unemployment
-
-
-
1 036
income
-
-
-
20 029
total
-
-
-
46 125
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.

24 361
-
87 143
-
pensions
3 410
-
9 665
-
unemployment
183
-
518
-
income
3 358
-
20 029
-
health
1 255
-
3 555
-
total
8 206
-
33 767
-
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.

24 361
-
87 143
-
pensions
2 923
-
8 284
-
unemployment
183
-
518
-
health
1 255
-
3 555
-
total
4 361
-
12 357
-
Corporate
70 779
99 500
-
-
income
10 617
14 925
-
-
total
10 617
14 925
-
-
Dividends
60 162
84 575
-
-
withholding
9 024
12 686
-
-
total
9 024
12 686
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 208
27 611
46 124
46 125
After tax
67 292
71 889
53 376
53 375
Living cost
16 155
16 155
16 155
16 155
Free-cash
51 137
55 734
37 221
37 220

Estimated living cost  is ₽16155 per week

₽10877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1250
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽467
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3561
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30156
₽31397
₽31060
₽24726
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
34 577
income
-
-
-
9 568
total
-
-
-
44 145
Employee
36 279
-
80 403
-
social contributions
3 991
-
8 844
-
surtax
-
-
-
-
income
7 089
-
21 636
-
total
11 080
-
30 480
-
Employer
36 279
-
80 403
-
social contributions
8 615
-
19 095
-
total
8 615
-
19 095
-
Corporate
54 606
99 500
-
-
income
11 468
20 895
-
-
surtax
-
-
-
-
total
11 468
20 895
-
-
Dividends
43 138
78 605
-
-
withholding
12 078
22 009
-
-
total
12 078
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 241
42 904
49 575
44 145
After tax
56 259
56 596
49 925
55 355
Living cost
25 199
25 199
25 199
25 199
Free-cash
31 060
31 397
24 726
30 156

Estimated living cost  is ₽25199 per week

₽17848
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1751
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽447
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5155
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽21085
₽34177
₽27049
₽19289
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
24 518
other
-
-
-
87
unemployment
-
-
-
607
accident
-
-
-
780
income
-
-
-
19 573
total
-
-
-
45 565
Employee
45 143
-
75 449
-
pensions
2 121
-
3 546
-
other
44
-
76
-
unemployment
699
-
1 169
-
income
9 429
-
18 519
-
total
12 293
-
23 310
-
Employer
45 143
-
75 449
-
pensions
10 653
-
17 805
-
other
362
-
603
-
unemployment
2 483
-
4 149
-
accident
894
-
1 494
-
total
14 392
-
24 051
-
Corporate
39 965
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.

5 995
14 925
-
-
total
5 995
14 925
-
-
Dividends
33 969
84 575
-
-
withholding
6 921
17 548
-
-
total
6 921
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 601
32 473
47 361
45 565
After tax
59 899
67 027
52 139
53 935
Living cost
32 850
32 850
32 850
32 850
Free-cash
27 049
34 177
19 289
21 085

Estimated living cost  is ₽32850 per week

₽23592
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2554
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6242
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽59764
₽68985
₽63285
₽62964
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions

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

-
-
-
4 835
health
-
-
-
3 757
unemployment
-
-
-
131
income
-
-
-
14 925
total
-
-
-
23 648
Employee
21 302
-
93 091
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 870
-
2 868
-
income
2 131
-
9 309
-
health
980
-
1 503
-
total
5 215
-
14 039
-
Employer
21 302
-
93 091
-
pensions

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

2 347
-
3 600
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 470
-
2 254
-
total
4 179
-
6 409
-
Corporate
74 018
99 500
-
-
income
7 402
9 950
-
-
total
7 402
9 950
-
-
Dividends
66 617
89 550
-
-
withholding
3 331
4 477
-
-
total
3 331
4 477
-
-
Income
99 500
99 500
99 500
99 500
Total tax
20 127
14 427
20 448
23 648
After tax
79 373
85 073
79 052
75 852
Living cost
16 088
16 088
16 088
16 088
Free-cash
63 285
68 985
62 964
59 764

Estimated living cost  is ₽16088 per week

₽10640
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽921
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽384
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4143
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25916
₽15230
₽27457
₽33958
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
trade
-
-
-
8 042
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.

-
-
-
6 386
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.

-
-
-
1 203
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.

-
-
-
21 866
total
-
-
-
37 497
Employee

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

46 508
-
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.

211
-
1 203
-
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.

3 824
-
21 866
-
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.

6 386
-
6 386
-
total
10 421
-
29 455
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 992
99 500
-
-
trade
7 604
14 277
-
-
income
7 948
14 925
-
-
chamber of commerce
220
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.

436
821
-
-
total
16 208
30 310
-
-
Dividends
36 783
69 189
-
-
withholding
8 841
16 942
-
-
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.

486
931
-
-
total
9 327
17 873
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 956
48 183
29 455
37 497
After tax
63 544
51 317
70 045
62 003
Living cost
36 087
36 087
36 087
36 087
Free-cash
27 457
15 230
33 958
25 916

Estimated living cost  is ₽36087 per week

₽24894
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3883
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽523
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12927
₽16404
₽18468
₽12927
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 976
income
-
-
-
24 351
total
-
-
-
33 327
Employee
73 116
-
99 500
-
social contributions
6 074
-
8 976
-
income
13 797
-
24 351
-
total
19 871
-
33 327
-
Employer
73 116
-
99 500
-
total
-
-
-
-
Corporate
26 384
99 500
-
-
income
3 298
12 438
-
-
total
3 298
12 438
-
-
Dividends
23 086
87 062
-
-
withholding
4 617
17 412
-
-
total
4 617
17 412
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 786
29 850
33 327
33 327
After tax
71 714
69 650
66 173
66 173
Living cost
53 246
53 246
53 246
53 246
Free-cash
18 468
16 404
12 927
12 927

Estimated living cost  is ₽53246 per week

₽40508
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4339
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽509
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33229
₽25806
₽29073
₽39238
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
health

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

-
-
-
5 733
income
-
-
-
26 607
total
-
-
-
32 340
Employee
42 879
-
95 200
-
social contributions
4 296
-
4 300
-
income
4 653
-
17 731
-
total
8 949
-
22 031
-
Employer
42 879
-
95 200
-
social contributions
4 296
-
4 300
-
total
4 296
-
4 300
-
Corporate
52 324
99 500
-
-
income
18 313
34 825
-
-
total
18 313
34 825
-
-
Dividends
34 012
64 675
-
-
social contributions
4 938
4 938
-
-
total
4 938
4 938
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 496
39 763
26 331
32 340
After tax
63 004
59 737
73 169
67 160
Living cost
33 931
33 931
33 931
33 931
Free-cash
29 073
25 806
39 238
33 229

Estimated living cost  is ₽33931 per week

₽22350
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2675
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽520
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8385
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36427
₽37642
₽35043
₽27524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
7 045
income
-
-
-
21 730
total
-
-
-
28 775
Employee
47 078
-
87 502
-
pensions
3 593
-
8 445
-
income
8 573
-
15 794
-
health
614
-
1 442
-
total
12 780
-
25 681
-
Employer
47 078
-
87 502
-
pensions
4 756
-
10 334
-
health
895
-
1 663
-
total
5 651
-
11 997
-
Corporate
46 770
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.

8 887
18 906
-
-
total
8 887
18 906
-
-
Dividends
37 884
80 594
-
-
withholding
2 841
8 654
-
-
total
2 841
8 654
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 159
27 560
37 678
28 775
After tax
69 341
71 940
61 822
70 725
Living cost
34 298
34 298
34 298
34 298
Free-cash
35 043
37 642
27 524
36 427

Estimated living cost  is ₽34298 per week

₽23528
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽429
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7184
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽45618
-₽14587
₽4586
₽29013
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
3 956
health
-
-
-
2 073
other
-
-
-
352
accident
-
-
-
240
income
-
-
-
24 615
total
-
-
-
31 236
Employee
35 624
-
85 504
-
pensions
4 011
-
7 253
-
income
4 887
-
16 801
-
health
4 079
-
9 790
-
total
12 977
-
33 844
-
Employer
35 624
-
85 504
-
pensions
5 792
-
10 474
-
unemployment
873
-
2 095
-
accident
595
-
1 428
-
total
7 260
-
13 997
-
Corporate
56 616
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.

50 955
89 550
-
-
total
50 955
89 550
-
-
Dividends
5 661
9 950
-
-
withholding
1 076
1 891
-
-
total
1 076
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 268
91 441
47 841
31 236
After tax
27 232
8 059
51 659
68 264
Living cost
22 646
22 646
22 646
22 646
Free-cash
4 586
-14 587
29 013
45 618

Estimated living cost  is ₽22646 per week

₽16620
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽456
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽44102
₽71116
₽67422
₽50931
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
pensions
-
-
-
18 308
health insurance
-
-
-
7 363
work injury
-
-
-
498
unemployment
-
-
-
1 194
income
-
-
-
15 422
total
-
-
-
42 785
Employee

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

20 182
-
99 500
-
pensions
3 713
-
13 739
-
health insurance
1 493
-
5 526
-
unemployment
242
-
896
-
income
2 018
-
15 422
-
work injury
101
-
373
-
total
7 567
-
35 956
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 318
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
79 318
98 505
-
-
withholding
11 898
14 776
-
-
total
11 898
14 776
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 465
15 771
35 956
42 785
After tax
80 035
83 729
63 544
56 715
Living cost
12 613
12 613
12 613
12 613
Free-cash
67 422
71 116
50 931
44 102

Estimated living cost  is ₽12613 per week

₽7814
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽917
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3489
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

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Rome , Italy
₽12408
₽15172
₽10920
₽7854
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
municipal
-
-
-
665
regional
-
-
-
2 042
social contributions
-
-
-
25 591
national
-
-
-
21 557
total
-
-
-
49 855
Employee
78 766
-
99 500
-
social contributions
26 559
-
33 552
-
municipal
470
-
594
-
regional
1 189
-
1 730
-
national
13 311
-
18 533
-
total
41 529
-
54 409
-
Employer
78 766
-
99 500
-
total
-
-
-
-
Corporate
20 734
99 500
-
-
nationa
4 976
23 881
-
-
municipal
999
4 796
-
-
total
5 975
28 677
-
-
Dividends
14 760
70 823
-
-
withholding
3 839
18 414
-
-
total
3 839
18 414
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 343
47 091
54 409
49 855
After tax
48 157
52 409
45 091
49 645
Living cost
37 237
37 237
37 237
37 237
Free-cash
10 920
15 172
7 854
12 408

Estimated living cost  is ₽37237 per week

₽26157
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2561
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽562
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7956
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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