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
₽32264
₽40613
₽31083
₽20023
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 349
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.

-
-
-
6 831
income

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

-
-
-
20 635
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.

-
-
-
1 135
total
-
-
-
36 950
Employee

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

38 244
-
99 500
-
surtax

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

59
-
1 135
-
income

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

1 068
-
20 635
-
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.

6 831
-
6 831
-
total
7 958
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
61 256
99 500
-
-
trade
9 649
15 671
-
-
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.

505
822
-
-
income
9 188
14 926
-
-
chamber of commerce
239
294
-
-
total
19 581
31 713
-
-
Dividends
41 676
67 788
-
-
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.

552
911
-
-
withholding
10 040
16 567
-
-
total
10 592
17 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 131
49 191
28 601
36 950
After tax
61 369
50 309
70 899
62 550
Living cost
30 286
30 286
30 286
30 286
Free-cash
31 083
20 023
40 613
32 264

Estimated living cost  is ₽30286 per week

₽19051
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3531
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7138
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9626
₽10406
₽10806
₽11646
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
1 070
municipal
-
-
-
10 363
national
-
-
-
16 059
pensions
-
-
-
11 940
total
-
-
-
39 432
Employee
78 195
-
86 017
-
pensions
3 128
-
3 441
-
national
14 966
-
16 656
-
municipal
9 658
-
10 749
-
total
27 752
-
30 846
-
Employer
78 195
-
86 017
-
pensions
6 256
-
6 881
-
social contributions
841
-
925
-
total
7 097
-
7 806
-
Corporate
9 048
99 500
-
-
income

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

1 810
19 900
-
-
total
1 810
19 900
-
-
Dividends
7 239
79 600
-
-
withholding
1 593
17 512
-
-
total
1 593
17 512
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 252
37 412
38 652
39 432
After tax
61 248
62 088
60 848
60 068
Living cost
50 442
50 442
50 442
50 442
Free-cash
10 806
11 646
10 406
9 626

Estimated living cost  is ₽50442 per week

₽34285
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4689
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽755
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10713
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32320
₽35289
₽50596
₽58797
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

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

-
-
-
99 500
social contributions

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

-
-
-
31 990
income
-
-
-
14 388
microenterprise
-
-
-
-
surtax
-
-
-
-
total
-
-
-
46 378
Employee
29 217
-
80 184
-
income
5 201
-
15 274
-
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.

3 214
-
8 819
-
surtax
-
-
-
-
total
8 415
-
24 093
-
Employer
29 217
-
80 184
-
social contributions

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

7 038
-
19 316
-
surtax
-
-
-
-
total
7 038
-
19 316
-
Corporate
63 245
99 500
-
-
income

Corporate income tax rate is 20% applicable to the taxable base. However, before applying the statutory rate, the taxable base should be divided by a coefficient of 0.8. As taxable base is increased by the coefficient, the effective corporate income tax rate is 25%.

12 649
19 901
-
-
total
12 649
19 901
-
-
Dividends

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

50 596
79 599
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
28 102
19 901
43 409
46 378
After tax
71 398
79 599
56 091
53 122
Living cost
20 802
20 802
20 802
20 802
Free-cash
50 596
58 797
35 289
32 320

Estimated living cost  is ₽20802 per week

₽13271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5078
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14592
₽209
₽106
₽5822
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
health
-
-
-
11 952
income
-
-
-
19 354
pensions
-
-
-
11 715
total
-
-
-
43 021
Employee
85 386
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
15 370
11 715
15 370
-
health
13 106
11 148
13 106
-
total
42 452
36 839
42 452
-
Employer
85 386
85 386
85 386
-
pensions
5 943
5 943
5 943
-
health
5 935
5 935
5 935
-
unemployment
3 074
3 074
3 074
-
total
14 952
14 952
14 952
-
Corporate
209
-
-
-
income
42
-
-
-
total
42
-
-
-
Dividends
167
-
-
-
withholding
25
-
-
-
income
36
-
-
-
total
61
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 507
51 791
57 404
43 021
After tax
41 993
47 709
42 096
56 479
Living cost
41 887
41 887
41 887
41 887
Free-cash
106
5 822
209
14 592

Estimated living cost  is ₽41887 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3776
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽666
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14250
₽14687
₽15017
₽15879
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
9 792
unemployment
-
-
-
84
accident
-
-
-
168
municipal
-
-
-
22 391
health
-
-
-
5 258
national
-
-
-
-
pensions
-
-
-
9 109
total
-
-
-
46 802
Employee
54 785
-
75 711
-
national
-
-
-
-
municipal
16 337
-
22 577
-
total
16 337
-
22 577
-
Employer
54 785
-
75 711
-
pensions
5 922
-
8 184
-
other
6 366
-
8 798
-
accident
110
-
151
-
health
3 369
-
4 656
-
unemployment
1 446
-
1 999
-
total
17 213
-
23 788
-
Corporate
27 502
99 500
-
-
income
6 050
21 890
-
-
total
6 050
21 890
-
-
Dividends
21 451
77 610
-
-
withholding
6 435
23 283
-
-
total
6 435
23 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
46 035
45 173
46 365
46 802
After tax
53 465
54 327
53 135
52 698
Living cost
38 448
38 448
38 448
38 448
Free-cash
15 017
15 879
14 687
14 250

Estimated living cost  is ₽38448 per week

₽25482
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8610
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22898
₽31619
₽24566
₽10517
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 721
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.

-
-
-
6 831
income

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

-
-
-
20 635
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.

-
-
-
1 135
total
-
-
-
37 322
Employee

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

50 706
-
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.

239
-
1 135
-
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.

4 357
-
20 635
-
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.

6 831
-
6 831
-
total
11 427
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
48 794
99 500
-
-
trade
8 026
16 368
-
-
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.

402
822
-
-
income
7 319
14 926
-
-
chamber of commerce
222
294
-
-
total
15 969
32 410
-
-
Dividends
32 825
67 091
-
-
surtax

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

431
901
-
-
withholding
7 827
16 392
-
-
total
8 258
17 293
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 654
49 703
28 601
37 322
After tax
63 846
49 797
70 899
62 178
Living cost
39 280
39 280
39 280
39 280
Free-cash
24 566
10 517
31 619
22 898

Estimated living cost  is ₽39280 per week

₽26271
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4142
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽586
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38222
₽38121
₽36257
₽40405
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 521
health
-
-
-
2 537
income
-
-
-
10 789
total
-
-
-
28 847
Employee
76 887
76 887
90 331
-
income
8 074
7 117
10 747
-
social contributions
3 736
6 381
7 497
-
health
765
1 307
1 535
-
total
12 575
14 805
19 779
-
Employer
76 887
76 887
90 331
-
health
833
1 423
1 672
-
social contributions
3 736
6 381
7 497
-
total
4 569
7 804
9 169
-
Corporate
49 925
14 809
-
-
income
6 241
1 852
-
-
total
6 241
1 852
-
-
Dividends
43 684
12 957
-
-
withholding
7 427
2 203
-
-
total
7 427
2 203
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 812
26 664
28 948
28 847
After tax
68 688
72 836
70 552
70 653
Living cost
32 431
32 431
32 431
32 431
Free-cash
36 257
40 405
38 121
38 222

Estimated living cost  is ₽32431 per week

₽22170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2533
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.
₽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 Source

Source of data for Limassol model

Close
Budapest , Hungary
₽50693
₽39446
₽38199
₽37820
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
83 264
-
income
3 218
1 281
10 179
-
pensions
2 632
1 048
8 326
-
unemployment
395
157
1 249
-
health
1 843
733
5 828
-
total
8 088
3 219
25 582
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 323
10 476
83 264
-
pensions
5 133
2 043
16 236
-
total
5 133
2 043
16 236
-
Corporate
68 044
86 981
-
-
income
6 124
7 828
-
-
total
6 124
7 828
-
-
Dividends
61 920
79 153
-
-
social contributions
11 955
15 315
-
-
withholding
11 765
15 039
-
-
total
23 720
30 354
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 065
43 444
41 818
30 571
After tax
56 435
56 056
57 682
68 929
Living cost
18 236
18 236
18 236
18 236
Free-cash
38 199
37 820
39 446
50 693

Estimated living cost  is ₽18236 per week

₽12444
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1492
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽364
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3935
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29179
₽33198
₽49239
₽55448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
health
-
-
-
12 935
income
-
-
-
13 334
pensions
-
-
-
19 901
total
-
-
-
46 170
Employee
28 365
-
74 362
-
income
3 193
-
14 337
-
pensions
567
-
1 488
-
unemployment
453
-
1 190
-
total
4 213
-
17 015
-
Employer
28 365
-
74 362
-
pensions
5 673
-
14 872
-
health
3 687
-
9 668
-
unemployment
228
-
596
-
total
9 588
-
25 136
-
Corporate
61 547
99 500
-
-
income
12 309
19 901
-
-
total
12 309
19 901
-
-
Dividends
49 238
79 599
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
26 110
19 901
42 151
46 170
After tax
73 390
79 599
57 349
53 330
Living cost
24 151
24 151
24 151
24 151
Free-cash
49 239
55 448
33 198
29 179

Estimated living cost  is ₽24151 per week

₽16565
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1438
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.
₽5662
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46378
₽29465
₽4698
-₽13855
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
24 270
pensions
-
-
-
4 145
total
-
-
-
31 208
Employee
34 472
-
85 023
-
income
4 729
-
16 310
-
pensions
3 882
-
7 599
-
health
3 947
-
9 735
-
total
12 558
-
33 644
-
Employer
34 472
-
85 023
-
pensions
5 605
-
10 974
-
accident
575
-
1 420
-
unemployment
845
-
2 083
-
total
7 025
-
14 477
-
Corporate
58 003
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.

52 203
89 550
-
-
total
52 203
89 550
-
-
Dividends
5 800
9 950
-
-
withholding
1 102
1 891
-
-
total
1 102
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 888
91 441
48 121
31 208
After tax
26 612
8 059
51 379
68 292
Living cost
21 914
21 914
21 914
21 914
Free-cash
4 698
-13 855
29 465
46 378

Estimated living cost  is ₽21914 per week

₽16061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1214
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.
₽4182
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽89494
₽70589
₽83825
₽85514
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
11 263
-
99 500
-
income
2 252
-
19 900
-
total
2 252
-
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%.

88 237
99 500
-
-
total
-
-
-
-
Dividends
88 237
99 500
-
-
withholding
4 412
4 975
-
-
total
4 412
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
6 664
4 975
19 900
995
After tax
92 836
94 525
79 600
98 505
Living cost
9 011
9 011
9 011
9 011
Free-cash
83 825
85 514
70 589
89 494

Estimated living cost  is ₽9011 per week

₽5584
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽749
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽248
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2430
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27236
₽31595
₽39708
₽46459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
4 727
health
-
-
-
4 377
income
-
-
-
12 637
pensions

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

-
-
-
23 880
total
-
-
-
45 621
Employee
36 305
-
79 470
-
income
6 250
-
13 770
-
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.

2 541
-
5 561
-
unemployment
362
-
795
-
health
509
-
1 112
-
total
9 662
-
21 238
-
Employer
36 305
-
79 470
-
pensions

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

6 172
-
13 508
-
other
1 816
-
3 973
-
accident
290
-
636
-
health
509
-
1 112
-
unemployment
362
-
795
-
total
9 149
-
20 024
-
Corporate
54 045
99 500
-
-
income
11 349
20 895
-
-
total
11 349
20 895
-
-
Dividends
42 697
78 605
-
-
withholding
2 989
5 503
-
-
total
2 989
5 503
-
-
Income
99 500
99 500
99 500
99 500
Total tax
33 149
26 398
41 262
45 621
After tax
66 351
73 102
58 238
53 879
Living cost
26 643
26 643
26 643
26 643
Free-cash
39 708
46 459
31 595
27 236

Estimated living cost  is ₽26643 per week

₽18825
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1799
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.
₽5590
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4693
-₽4898
-₽8695
₽6251
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 279
pensions
-
-
-
7 275
total
-
-
-
27 554
Employee
95 153
-
87 636
-
income
17 152
-
15 589
-
pensions
9 180
-
8 278
-
health
1 568
-
1 415
-
total
27 900
-
25 282
-
Employer
95 153
-
87 636
-
pensions
11 235
-
10 198
-
health
1 807
-
1 665
-
total
13 042
-
11 863
-
Corporate
-
99 500
-
-
income

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

-
18 904
-
-
total
-
18 904
-
-
Dividends
-
80 596
-
-
withholding
-
7 092
-
-
total
-
7 092
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 942
25 996
37 145
27 554
After tax
58 558
73 504
62 355
71 946
Living cost
67 253
67 253
67 253
67 253
Free-cash
-8 695
6 251
-4 898
4 693

Estimated living cost  is ₽67253 per week

₽50394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7902
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽547
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8411
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽62144
₽65222
₽67323
₽71965
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
14 925
pensions

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

-
-
-
5 168
total
-
-
-
24 249
Employee
17 356
-
92 649
-
income
1 735
-
9 264
-
pensions

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

1 524
-
3 066
-
health
798
-
1 606
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
total
4 248
-
14 320
-
Employer
17 356
-
92 649
-
pensions

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

1 913
-
3 848
-
accident

We are using the highest rate at 1.1%.

191
-
384
-
health
1 198
-
2 409
-
unemployment
104
-
210
-
total
3 406
-
6 851
-
Corporate
78 738
99 500
-
-
income
7 873
9 950
-
-
total
7 873
9 950
-
-
Dividends
70 865
89 550
-
-
withholding
3 543
4 478
-
-
total
3 543
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 070
14 428
21 171
24 249
After tax
80 430
85 072
78 329
75 251
Living cost
13 107
13 107
13 107
13 107
Free-cash
67 323
71 965
65 222
62 144

Estimated living cost  is ₽13107 per week

₽7652
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽936
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽347
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4172
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽1034
-₽13349
-₽9432
-₽7736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
health
-
-
-
11 952
income
-
-
-
19 354
pensions
-
-
-
11 715
total
-
-
-
43 021
Employee
92 702
85 386
85 386
-
income

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

13 976
13 976
13 976
-
pensions
11 715
11 715
15 370
-
health
11 565
11 148
13 106
-
total
37 256
36 839
42 452
-
Employer
92 702
85 386
85 386
-
pensions
6 451
5 943
5 943
-
health
6 442
5 935
5 935
-
unemployment
3 338
3 074
3 074
-
total
16 231
14 952
14 952
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
53 487
51 791
57 404
43 021
After tax
46 013
47 709
42 096
56 479
Living cost
55 445
55 445
55 445
55 445
Free-cash
-9 432
-7 736
-13 349
1 034

Estimated living cost  is ₽55445 per week

₽40900
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4952
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽636
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8958
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24450
₽26482
₽35928
₽44494
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
29 054
health
-
-
-
13 432
income
-
-
-
8 552
solidarity contribution
-
-
-
-
total
-
-
-
51 038
Employee
35 311
-
74 254
-
income
4 237
-
8 910
-
solidarity contribution
-
-
-
-
social contributions
2 295
-
4 826
-
health
4 767
-
10 024
-
total
11 299
-
23 760
-
Employer
35 311
-
74 254
-
health
3 178
-
6 683
-
social contributions
8 828
-
18 563
-
total
12 006
-
25 246
-
Corporate
52 183
99 500
-
-
income
9 915
18 905
-
-
total
9 915
18 905
-
-
Dividends
42 268
80 595
-
-
withholding
6 340
12 089
-
-
total
6 340
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 560
30 994
49 006
51 038
After tax
59 940
68 506
50 494
48 462
Living cost
24 012
24 012
24 012
24 012
Free-cash
35 928
44 494
26 482
24 450

Estimated living cost  is ₽24012 per week

₽16679
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1708
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5153
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8926
₽4193
₽5674
₽10896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 591
municipal
-
-
-
592
national
-
-
-
21 102
regional
-
-
-
1 097
total
-
-
-
48 382
Employee
88 864
-
99 500
-
national
15 398
-
18 077
-
social contributions
29 965
-
33 551
-
municipal
471
-
527
-
regional
838
-
960
-
total
46 672
-
53 115
-
Employer
88 864
-
99 500
-
total
-
-
-
-
Corporate
10 636
99 500
-
-
nationa
2 552
23 880
-
-
municipal
416
3 880
-
-
total
2 968
27 760
-
-
Dividends
7 669
71 740
-
-
withholding
1 994
18 652
-
-
total
1 994
18 652
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 634
46 412
53 115
48 382
After tax
47 866
53 088
46 385
51 118
Living cost
42 192
42 192
42 192
42 192
Free-cash
5 674
10 896
4 193
8 926

Estimated living cost  is ₽42192 per week

₽29411
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2767
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽647
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9366
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29175
₽27253
₽37410
₽40521
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 064
income
-
-
-
18 785
surtax
-
-
-
2 283
pensions
-
-
-
19 901
total
-
-
-
48 261
Employee
33 066
-
82 197
-
income
5 543
-
17 523
-
pensions
2 205
-
5 482
-
unemployment
2 302
-
5 721
-
health
844
-
2 095
-
other
-
-
-
-
surtax
108
-
2 061
-
total
11 002
-
32 882
-
Employer
33 066
-
82 197
-
pensions
4 408
-
10 956
-
other
-
-
-
-
health
1 505
-
3 740
-
unemployment
1 047
-
2 605
-
total
6 960
-
17 301
-
Corporate
59 474
99 500
-
-
income
15 463
25 870
-
-
total
15 463
25 870
-
-
Dividends
44 012
73 630
-
-
withholding
6 601
11 045
-
-
total
6 601
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 026
36 915
50 183
48 261
After tax
59 474
62 585
49 317
51 239
Living cost
22 064
22 064
22 064
22 064
Free-cash
37 410
40 521
27 253
29 175

Estimated living cost  is ₽22064 per week

₽13491
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2036
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.
₽6028
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26000
₽16409
₽20691
₽27558
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 279
pensions
-
-
-
7 275
total
-
-
-
27 554
Employee
63 769
-
87 636
-
income
11 485
-
15 589
-
pensions
5 413
-
8 278
-
health
926
-
1 415
-
total
17 824
-
25 282
-
Employer
63 769
-
87 636
-
pensions
6 903
-
10 198
-
health
1 211
-
1 665
-
total
8 114
-
11 863
-
Corporate
27 616
99 500
-
-
income

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

5 246
18 904
-
-
total
5 246
18 904
-
-
Dividends
22 370
80 596
-
-
withholding
1 679
7 092
-
-
total
1 679
7 092
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 863
25 996
37 145
27 554
After tax
66 637
73 504
62 355
71 946
Living cost
45 946
45 946
45 946
45 946
Free-cash
20 691
27 558
16 409
26 000

Estimated living cost  is ₽45946 per week

₽34422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3444
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽7428
₽2466
₽2256
-₽30084
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other

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

-
-
-
1 990
health
-
-
-
247
city
-
-
-
1 048
national
-
-
-
627
regional
-
-
-
3 424
pensions
-
-
-
9 155
total
-
-
-
16 491
Employee
88 449
-
89 056
-
pensions
7 431
-
7 481
-
national
419
-
423
-
unemployment
-
-
-
-
city
949
-
957
-
health
200
-
200
-
regional
2 896
-
2 929
-
total
11 895
-
11 990
-
Employer
88 449
-
89 056
-
pensions
7 431
-
7 481
-
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.

1 768
-
1 782
-
health
200
-
200
-
unemployment
-
-
-
-
total
9 399
-
9 463
-
Corporate
679
99 500
-
-
regional
144
21 045
-
-
national
58
8 458
-
-
total
202
29 503
-
-
Dividends
477
69 998
-
-
withholding
167
24 500
-
-
total
167
24 500
-
-
Income
99 500
99 500
99 500
99 500
Total tax
21 663
54 003
21 453
16 491
After tax
77 837
45 497
78 047
83 009
Living cost
75 581
75 581
75 581
75 581
Free-cash
2 256
-30 084
2 466
7 428

Estimated living cost  is ₽75581 per week

₽49149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6783
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽928
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18721
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽16003
₽25094
₽19696
₽3479
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
9 091
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.

-
-
-
6 831
income

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

-
-
-
20 635
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.

-
-
-
1 135
total
-
-
-
37 692
Employee

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

60 091
-
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.

389
-
1 135
-
income

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

7 066
-
20 635
-
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.

6 831
-
6 831
-
total
14 286
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 409
99 500
-
-
trade
6 759
17 064
-
-
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.

324
822
-
-
income
5 911
14 926
-
-
chamber of commerce
207
292
-
-
total
13 201
33 104
-
-
Dividends
26 208
66 397
-
-
surtax

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

340
892
-
-
withholding
6 172
16 220
-
-
total
6 512
17 112
-
-
Income
99 500
99 500
99 500
99 500
Total tax
33 999
50 216
28 601
37 692
After tax
65 501
49 284
70 899
61 808
Living cost
45 805
45 805
45 805
45 805
Free-cash
19 696
3 479
25 094
16 003

Estimated living cost  is ₽45805 per week

₽33454
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3664
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8093
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23099
₽21994
₽21847
₽15938
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
3 089
social contributions
-
-
-
2 835
health
-
-
-
1 816
income
-
-
-
9 407
surtax
-
-
-
-
pensions
-
-
-
25 045
total
-
-
-
42 192
Employee
42 794
-
75 821
-
income
2 526
-
8 882
-
pensions
4 839
-
8 577
-
social contributions
1 220
-
2 159
-
surtax
-
-
-
-
total
8 585
-
19 618
-
Employer
42 794
-
75 821
-
pensions
7 030
-
12 457
-
other
1 476
-
2 617
-
health
2 996
-
5 307
-
unemployment
1 732
-
3 070
-
social contributions
129
-
228
-
total
13 363
-
23 679
-
Corporate
43 342
99 500
-
-
surtax
-
-
-
-
income
12 136
27 861
-
-
total
12 136
27 861
-
-
Dividends
31 206
71 639
-
-
surtax
-
-
-
-
social contributions
5 366
12 322
-
-
withholding
3 994
9 170
-
-
total
9 360
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 444
49 353
43 297
42 192
After tax
56 056
50 147
56 203
57 308
Living cost
34 209
34 209
34 209
34 209
Free-cash
21 847
15 938
21 994
23 099

Estimated living cost  is ₽34209 per week

₽21570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2782
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽583
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26488
₽25383
₽24881
₽19327
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
3 089
social contributions
-
-
-
2 835
health
-
-
-
1 816
income
-
-
-
9 407
surtax
-
-
-
-
pensions
-
-
-
25 045
total
-
-
-
42 192
Employee
38 199
-
75 821
-
income
1 970
-
8 882
-
pensions
4 321
-
8 577
-
social contributions
1 089
-
2 159
-
surtax
-
-
-
-
total
7 380
-
19 618
-
Employer
38 199
-
75 821
-
pensions
6 277
-
12 457
-
other
1 319
-
2 617
-
health
2 674
-
5 307
-
unemployment
1 546
-
3 070
-
social contributions
114
-
228
-
total
11 930
-
23 679
-
Corporate
49 371
99 500
-
-
surtax
-
-
-
-
income
13 823
27 861
-
-
total
13 823
27 861
-
-
Dividends
35 548
71 639
-
-
surtax
-
-
-
-
social contributions
6 116
12 322
-
-
withholding
4 550
9 170
-
-
total
10 666
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 799
49 353
43 297
42 192
After tax
55 701
50 147
56 203
57 308
Living cost
30 820
30 820
30 820
30 820
Free-cash
24 881
19 327
25 383
26 488

Estimated living cost  is ₽30820 per week

₽17874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3131
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9231
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42697
₽42897
₽40023
₽39502
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
13 730
health
-
-
-
6 945
income
-
-
-
14 926
total
-
-
-
35 601
Employee
33 902
-
99 500
-
income
5 654
-
14 726
-
social contributions
4 679
-
13 730
-
health
2 366
-
6 945
-
total
12 699
-
35 401
-
Employer
33 902
-
99 500
-
total
-
-
-
-
Corporate
65 598
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%.

3 281
4 975
-
-
total
3 281
4 975
-
-
Dividends
62 317
94 525
-
-
social contributions
8 599
13 045
-
-
health
4 349
6 598
-
-
withholding
9 347
14 178
-
-
total
22 295
33 821
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 275
38 796
35 401
35 601
After tax
61 225
60 704
64 099
63 899
Living cost
21 202
21 202
21 202
21 202
Free-cash
40 023
39 502
42 897
42 697

Estimated living cost  is ₽21202 per week

₽14189
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1307
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.
₽5216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15188
-₽4982
₽19007
₽20553
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
398
unemployment
-
-
-
6 133
health
-
-
-
7 613
income
-
-
-
16 332
surtax
-
-
-
197
pensions
-
-
-
18 407
total
-
-
-
49 080
Employee
49 970
39 847
77 112
-
income
5 689
2 939
14 569
-
pensions
5 117
4 080
7 895
-
unemployment
1 499
1 195
2 313
-
health
1 934
1 543
2 985
-
other
499
398
770
-
total
14 738
10 155
28 532
-
Employer
49 970
39 847
77 112
-
pensions
6 271
5 002
9 677
-
other
2 374
1 892
3 662
-
accident
649
518
1 002
-
health
1 888
1 507
2 915
-
payroll
1 499
1 195
2 313
-
chamber of commerce
199
159
309
-
unemployment
1 499
1 195
2 313
-
surtax
197
197
197
-
total
14 576
11 665
22 388
-
Corporate
34 954
47 987
73 317
-
income

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

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

8 738
11 998
18 330
-
total
8 738
11 998
18 330
-
Dividends
26 216
35 990
-
-
withholding
7 209
9 897
-
-
total
7 209
9 897
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 261
43 715
69 250
49 080
After tax
54 239
55 785
30 250
50 420
Living cost
35 232
35 232
35 232
35 232
Free-cash
19 007
20 553
-4 982
15 188

Estimated living cost  is ₽35232 per week

₽23498
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3006
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8150
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10336
₽2362
₽4352
₽19348
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 495
communal

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

-
-
-
5 040
national
-
-
-
32 172
total
-
-
-
52 707
Employee

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

71 523
-
77 066
-
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.

5 364
-
5 780
-
national
21 989
-
24 158
-
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.

622
-
670
-
communal

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

3 730
-
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.

3 360
-
3 622
-
total
35 065
-
38 249
-
Employer

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

71 523
-
77 066
-
pensions

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

6 338
-
6 827
-
accident

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

930
-
1 002
-
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.

4 398
-
4 738
-
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.

1 044
-
1 125
-
surtax
8 110
-
8 740
-
total
20 820
-
22 432
-
Corporate
7 158
99 500
-
-
surtax
28
398
-
-
income
1 433
19 901
-
-
total
1 461
20 299
-
-
Dividends
5 697
79 201
-
-
withholding

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

1 345
23 396
-
-
total
1 345
23 396
-
-
Income
99 500
99 500
99 500
99 500
Total tax
58 691
43 695
60 681
52 707
After tax
40 809
55 805
38 819
46 793
Living cost
36 457
36 457
36 457
36 457
Free-cash
4 352
19 348
2 362
10 336

Estimated living cost  is ₽36457 per week

₽23483
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3188
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.
₽9216
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17216
₽16560
₽22964
₽30931
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
18 370
pensions
-
-
-
26 227
total
-
-
-
46 174
Employee
49 772
-
75 446
-
income
10 502
-
17 985
-
pensions
2 340
-
3 546
-
unemployment
772
-
1 169
-
other
49
-
76
-
total
13 663
-
22 776
-
Employer
49 772
-
75 446
-
pensions
11 745
-
17 806
-
other
397
-
605
-
accident
985
-
1 493
-
unemployment
2 738
-
4 150
-
total
15 865
-
24 054
-
Corporate
33 863
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.

5 080
14 926
-
-
total
5 080
14 926
-
-
Dividends
28 784
84 574
-
-
withholding
5 818
17 533
-
-
total
5 818
17 533
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 426
32 459
46 830
46 174
After tax
59 074
67 041
52 670
53 326
Living cost
36 110
36 110
36 110
36 110
Free-cash
22 964
30 931
16 560
17 216

Estimated living cost  is ₽36110 per week

₽26591
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2562
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.
₽6436
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2677
₽7157
-₽214
₽6574
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
accident
-
-
-
839
health
-
-
-
6 992
income
-
-
-
8 519
communal
-
-
-
6 288
surtax
-
-
-
4 933
pensions
-
-
-
14 914
total
-
-
-
42 485
Employee
75 721
-
88 878
-
income
7 314
-
10 869
-
pensions
6 057
-
7 110
-
health
3 370
-
3 956
-
surtax
4 641
-
5 448
-
total
21 382
-
27 383
-
Employer
75 721
-
88 878
-
pensions
6 057
-
7 110
-
accident
681
-
801
-
health
2 309
-
2 711
-
total
9 047
-
10 622
-
Corporate
14 732
99 500
-
-
communal
-
6 717
-
-
surtax
156
1 046
-
-
income
2 211
14 926
-
-
total
2 367
22 689
-
-
Dividends
12 366
76 812
-
-
withholding
1 856
11 521
-
-
income
10 724
4 378
-
-
total
12 580
15 899
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 376
38 588
38 005
42 485
After tax
54 124
60 912
61 495
57 015
Living cost
54 338
54 338
54 338
54 338
Free-cash
-214
6 574
7 157
2 677

Estimated living cost  is ₽54338 per week

₽40762
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9707
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28780
₽26858
₽36945
₽40126
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
-
unemployment
-
-
-
228
health
-
-
-
7 064
income
-
-
-
18 785
surtax
-
-
-
2 283
pensions
-
-
-
19 901
total
-
-
-
48 261
Employee
33 673
-
82 197
-
income
5 645
-
17 523
-
pensions
2 247
-
5 482
-
unemployment
2 343
-
5 721
-
health
860
-
2 095
-
other
-
-
-
-
surtax
120
-
2 061
-
total
11 215
-
32 882
-
Employer
33 673
-
82 197
-
pensions
4 489
-
10 956
-
other
-
-
-
-
health
1 531
-
3 740
-
unemployment
1 068
-
2 605
-
total
7 088
-
17 301
-
Corporate
58 738
99 500
-
-
income
15 273
25 870
-
-
total
15 273
25 870
-
-
Dividends
43 466
73 630
-
-
withholding
6 520
11 045
-
-
total
6 520
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 096
36 915
50 183
48 261
After tax
59 404
62 585
49 317
51 239
Living cost
22 459
22 459
22 459
22 459
Free-cash
36 945
40 126
26 858
28 780

Estimated living cost  is ₽22459 per week

₽13559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1953
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽522
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23780
₽19072
₽23144
₽25365
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 591
municipal
-
-
-
592
national
-
-
-
21 102
regional
-
-
-
1 500
total
-
-
-
48 785
Employee
55 465
-
99 500
-
national
8 787
-
18 077
-
social contributions
18 703
-
33 551
-
municipal
294
-
527
-
regional
747
-
1 338
-
total
28 531
-
53 493
-
Employer
55 465
-
99 500
-
total
-
-
-
-
Corporate
44 035
99 500
-
-
nationa
10 569
23 880
-
-
municipal
2 188
4 945
-
-
total
12 757
28 825
-
-
Dividends
31 278
70 675
-
-
withholding
8 133
18 375
-
-
total
8 133
18 375
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 421
47 200
53 493
48 785
After tax
50 079
52 300
46 007
50 715
Living cost
26 935
26 935
26 935
26 935
Free-cash
23 144
25 365
19 072
23 780

Estimated living cost  is ₽26935 per week

₽16751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2729
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6994
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18873
₽20905
₽28361
₽38917
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
29 054
health
-
-
-
13 432
income
-
-
-
8 552
solidarity contribution
-
-
-
-
total
-
-
-
51 038
Employee
43 513
-
74 254
-
income
5 222
-
8 910
-
solidarity contribution
-
-
-
-
social contributions
2 828
-
4 826
-
health
5 874
-
10 024
-
total
13 924
-
23 760
-
Employer
43 513
-
74 254
-
health
3 916
-
6 683
-
social contributions
10 878
-
18 563
-
total
14 794
-
25 246
-
Corporate
41 193
99 500
-
-
income
7 827
18 905
-
-
total
7 827
18 905
-
-
Dividends
33 366
80 595
-
-
withholding
5 005
12 089
-
-
total
5 005
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
41 550
30 994
49 006
51 038
After tax
57 950
68 506
50 494
48 462
Living cost
29 589
29 589
29 589
29 589
Free-cash
28 361
38 917
20 905
18 873

Estimated living cost  is ₽29589 per week

₽22004
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1639
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5434
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18717
-₽1618
₽23497
₽23993
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
chamber of commerce
-
-
-
398
unemployment
-
-
-
6 133
health
-
-
-
7 613
income
-
-
-
16 332
surtax
-
-
-
-
pensions
-
-
-
18 407
total
-
-
-
48 883
Employee
43 708
39 847
77 263
-
income
3 894
2 939
14 620
-
pensions
4 476
4 080
7 912
-
unemployment
1 311
1 195
2 319
-
health
1 691
1 543
2 990
-
other
436
398
772
-
total
11 808
10 155
28 613
-
Employer
43 708
39 847
77 263
-
pensions
5 486
5 002
9 696
-
other
2 076
1 892
3 670
-
accident
567
518
1 004
-
health
1 653
1 507
2 920
-
payroll
1 311
1 195
2 319
-
chamber of commerce
175
159
309
-
unemployment
1 311
1 195
2 319
-
surtax
-
-
-
-
total
12 579
11 468
22 237
-
Corporate
43 214
48 185
73 469
-
income

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

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

10 804
12 047
18 368
-
total
10 804
12 047
18 368
-
Dividends
32 409
36 138
-
-
withholding
8 912
9 937
-
-
total
8 912
9 937
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 103
43 607
69 218
48 883
After tax
55 397
55 893
30 282
50 617
Living cost
31 900
31 900
31 900
31 900
Free-cash
23 497
23 993
-1 618
18 717

Estimated living cost  is ₽31900 per week

₽19136
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3258
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8937
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽84464
₽65559
₽77851
₽80484
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
17 552
-
99 500
-
income
3 511
-
19 900
-
total
3 511
-
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%.

81 948
99 500
-
-
total
-
-
-
-
Dividends
81 948
99 500
-
-
withholding
4 097
4 975
-
-
total
4 097
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
7 608
4 975
19 900
995
After tax
91 892
94 525
79 600
98 505
Living cost
14 041
14 041
14 041
14 041
Free-cash
77 851
80 484
65 559
84 464

Estimated living cost  is ₽14041 per week

₽9502
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽589
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3479
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24679
₽21833
₽33321
₽41687
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
150
health
-
-
-
9 791
income
-
-
-
19 889
pensions
-
-
-
18 172
total
-
-
-
48 002
Employee

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

44 215
-
86 094
-
income
7 625
-
18 418
-
pensions
6 854
-
13 345
-
unemployment
63
-
121
-
health
2 856
-
5 561
-
total
17 398
-
37 445
-
Employer

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

44 215
-
86 094
-
pensions
3 913
-
7 620
-
health
2 945
-
5 732
-
unemployment
27
-
51
-
total
6 885
-
13 403
-
Corporate
48 401
99 500
-
-
income
9 197
18 905
-
-
total
9 197
18 905
-
-
Dividends
39 204
80 595
-
-
withholding
5 880
12 089
-
-
total
5 880
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 360
30 994
50 848
48 002
After tax
60 140
68 506
48 652
51 498
Living cost
26 819
26 819
26 819
26 819
Free-cash
33 321
41 687
21 833
24 679

Estimated living cost  is ₽26819 per week

₽18406
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
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.
₽6176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
₽25722
₽43338
-₽49230
₽17496
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
61 714
-
-
-
income
13 613
-
-
-
social contributions
5 061
-
721
-
total
18 674
-
721
-
Employer
61 714
-
-
-
social contributions
87 016
-
12 401
-
total
87 016
-
12 401
-
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
105 690
38 964
13 122
30 738
After tax
-6 190
60 536
86 378
68 762
Living cost
43 040
43 040
43 040
43 040
Free-cash
-49 230
17 496
43 338
25 722

Estimated living cost  is ₽43040 per week

₽27926
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4048
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.
₽10517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24303
₽19297
₽24225
₽25233
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
social contributions

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

-
-
-
34 576
income
-
-
-
9 258
surtax
-
-
-
-
total
-
-
-
43 834
Employee
45 987
-
80 404
-
income
9 565
-
20 900
-
social contributions
5 059
-
8 844
-
surtax
-
-
-
-
total
14 624
-
29 744
-
Employer
45 987
-
80 404
-
social contributions
10 922
-
19 096
-
total
10 922
-
19 096
-
Corporate
42 591
99 500
-
-
surtax
-
-
-
-
income
8 945
20 895
-
-
total
8 945
20 895
-
-
Dividends
33 646
78 605
-
-
withholding
9 421
22 009
-
-
total
9 421
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 912
42 904
48 840
43 834
After tax
55 588
56 596
50 660
55 666
Living cost
31 363
31 363
31 363
31 363
Free-cash
24 225
25 233
19 297
24 303

Estimated living cost  is ₽31363 per week

₽23466
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1850
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽524
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9015
₽7910
₽8727
₽1854
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
3 089
social contributions
-
-
-
2 835
health
-
-
-
1 816
income
-
-
-
9 407
surtax
-
-
-
-
pensions
-
-
-
25 045
total
-
-
-
42 192
Employee
62 625
-
75 821
-
income
5 464
-
8 882
-
pensions
7 083
-
8 577
-
social contributions
1 784
-
2 159
-
surtax
-
-
-
-
total
14 331
-
19 618
-
Employer
62 625
-
75 821
-
pensions
10 290
-
12 457
-
other
2 161
-
2 617
-
health
4 383
-
5 307
-
unemployment
2 537
-
3 070
-
social contributions
188
-
228
-
total
19 559
-
23 679
-
Corporate
17 316
99 500
-
-
surtax
-
-
-
-
income
4 848
27 861
-
-
total
4 848
27 861
-
-
Dividends
12 468
71 639
-
-
surtax
-
-
-
-
social contributions
2 146
12 322
-
-
withholding
1 596
9 170
-
-
total
3 742
21 492
-
-
Income
99 500
99 500
99 500
99 500
Total tax
42 480
49 353
43 297
42 192
After tax
57 020
50 147
56 203
57 308
Living cost
48 293
48 293
48 293
48 293
Free-cash
8 727
1 854
7 910
9 015

Estimated living cost  is ₽48293 per week

₽32684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽662
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10996
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽45864
₽48509
₽56135
₽59494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
21 891
income
-
-
-
1 689
total
-
-
-
23 580
Employee
32 145
-
86 147
-
social contributions
2 089
-
5 599
-
income
-
-
1 983
-
total
2 089
-
7 582
-
Employer
32 145
-
86 147
-
social contributions
4 983
-
13 353
-
total
4 983
-
13 353
-
Corporate
62 372
99 500
-
-
income
6 237
9 950
-
-
total
6 237
9 950
-
-
Dividends
56 135
89 550
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
13 309
9 950
20 935
23 580
After tax
86 191
89 550
78 565
75 920
Living cost
30 056
30 056
30 056
30 056
Free-cash
56 135
59 494
48 509
45 864

Estimated living cost  is ₽30056 per week

₽19434
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2266
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7791
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13578
-₽118424
-₽118424
-₽118424
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 449
national
-
-
-
10 545
labour market
-
-
-
7 891
pensions
-
-
-
867
total
-
-
-
37 752
Employee
203 314
203 314
203 314
-
labour market
16 242
16 242
16 242
-
pensions
289
289
289
-
national
24 839
24 839
24 839
-
municipal
43 295
43 295
43 295
-
total
84 665
84 665
84 665
-
Employer
203 314
203 314
203 314
-
pensions
578
578
578
-
municipal
43 364
43 364
43 364
-
national
24 882
24 882
24 882
-
labour market
16 265
16 265
16 265
-
total
85 089
85 089
85 089
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
169 754
169 754
169 754
37 752
After tax
-70 254
-70 254
-70 254
61 748
Living cost
48 170
48 170
48 170
48 170
Free-cash
-118 424
-118 424
-118 424
13 578

Estimated living cost  is ₽48170 per week

₽32968
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4261
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽741
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10200
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽46701
₽29788
₽4748
-₽13532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
24 270
pensions
-
-
-
4 145
total
-
-
-
31 208
Employee
33 964
-
85 023
-
income
4 659
-
16 310
-
pensions
3 825
-
7 599
-
health
3 889
-
9 735
-
total
12 373
-
33 644
-
Employer
33 964
-
85 023
-
pensions
5 522
-
10 974
-
accident
567
-
1 420
-
unemployment
832
-
2 083
-
total
6 921
-
14 477
-
Corporate
58 615
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.

52 753
89 550
-
-
total
52 753
89 550
-
-
Dividends
5 862
9 950
-
-
withholding
1 114
1 891
-
-
total
1 114
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 161
91 441
48 121
31 208
After tax
26 339
8 059
51 379
68 292
Living cost
21 591
21 591
21 591
21 591
Free-cash
4 748
-13 532
29 788
46 701

Estimated living cost  is ₽21591 per week

₽15716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1231
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽405
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽32322
₽18413
₽25583
₽27808
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
17 709
health
-
-
-
1 116
national
-
-
-
9 965
total
-
-
-
28 790
Employee
52 606
-
83 704
-
pensions
3 550
-
5 651
-
national
869
-
5 457
-
municipal
8 616
-
13 668
-
unemployment
789
-
1 256
-
health
393
-
871
-
total
14 217
-
26 903
-
Employer
52 606
-
83 704
-
pensions
9 127
-
14 523
-
accident
53
-
83
-
health
404
-
645
-
unemployment
342
-
545
-
total
9 926
-
15 796
-
Corporate
36 968
99 500
-
-
income
7 394
19 901
-
-
total
7 394
19 901
-
-
Dividends

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

22 180
59 699
-
-
municipal
3 992
10 745
-
-
national
-
2 658
-
-
total
3 992
13 403
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 529
33 304
42 699
28 790
After tax
63 971
66 196
56 801
70 710
Living cost
38 388
38 388
38 388
38 388
Free-cash
25 583
27 808
18 413
32 322

Estimated living cost  is ₽38388 per week

₽25075
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3692
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9011
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47503
₽47402
₽44244
₽49686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 521
health
-
-
-
2 537
income
-
-
-
10 789
total
-
-
-
28 847
Employee
76 887
76 887
90 331
-
income
8 372
7 117
10 747
-
social contributions
2 907
6 381
7 497
-
health
596
1 307
1 535
-
total
11 875
14 805
19 779
-
Employer
76 887
76 887
90 331
-
health
647
1 423
1 672
-
social contributions
2 907
6 381
7 497
-
total
3 554
7 804
9 169
-
Corporate
60 921
14 809
-
-
income
7 615
1 852
-
-
total
7 615
1 852
-
-
Dividends
53 307
12 957
-
-
withholding
9 062
2 203
-
-
total
9 062
2 203
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 106
26 664
28 948
28 847
After tax
67 394
72 836
70 552
70 653
Living cost
23 150
23 150
23 150
23 150
Free-cash
44 244
49 686
47 402
47 503

Estimated living cost  is ₽23150 per week

₽13874
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2271
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽512
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽64128
₽45494
₽61433
₽66521
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
28
health
-
-
-
3 618
income
-
-
-
9 491
pensions
-
-
-
6 360
total
-
-
-
19 497
Employee

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

22 951
-
90 208
-
income
1 569
-
7 188
-
pensions
3 442
-
13 531
-
unemployment
114
-
452
-
health
1 951
-
7 668
-
total
7 076
-
28 839
-
Employer

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

22 951
-
90 208
-
pensions
1 262
-
4 962
-
health
987
-
3 878
-
unemployment
114
-
452
-
total
2 363
-
9 292
-
Corporate
74 187
99 500
-
-
income
6 677
8 954
-
-
total
6 677
8 954
-
-
Dividends
67 510
90 546
-
-
withholding
6 076
8 150
-
-
total
6 076
8 150
-
-
Income
99 500
99 500
99 500
99 500
Total tax
22 192
17 104
38 131
19 497
After tax
77 308
82 396
61 369
80 003
Living cost
15 875
15 875
15 875
15 875
Free-cash
61 433
66 521
45 494
64 128

Estimated living cost  is ₽15875 per week

₽10129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1144
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽472
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4129
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25830
₽25174
₽34302
₽39545
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
18 370
pensions
-
-
-
26 227
total
-
-
-
46 174
Employee
36 972
-
75 446
-
income
7 128
-
17 985
-
pensions
1 738
-
3 546
-
unemployment
573
-
1 169
-
other
36
-
76
-
total
9 475
-
22 776
-
Employer
36 972
-
75 446
-
pensions
8 725
-
17 806
-
other
296
-
605
-
accident
732
-
1 493
-
unemployment
2 034
-
4 150
-
total
11 787
-
24 054
-
Corporate
50 741
99 500
-
-
income

The general rate of corporate tax is 25%. The lower rate of 15% is introduced for newly formed companies which applies during the first two years of operation in which taxable profit is made. We use the lower rate in our model.

7 611
14 926
-
-
total
7 611
14 926
-
-
Dividends
43 130
84 574
-
-
withholding
8 829
17 533
-
-
total
8 829
17 533
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 702
32 459
46 830
46 174
After tax
61 798
67 041
52 670
53 326
Living cost
27 496
27 496
27 496
27 496
Free-cash
34 302
39 545
25 174
25 830

Estimated living cost  is ₽27496 per week

₽18559
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2643
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽482
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5812
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽60329
₽60133
₽58900
₽59350
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 448
income
-
-
-
32 988
pensions
-
-
-
1 997
total
-
-
-
36 433
Employee
4 171
-
97 253
-
income
807
-
32 883
-
pensions
375
-
899
-
unemployment
42
-
100
-
health
209
-
499
-
total
1 433
-
34 381
-
Employer
4 171
-
97 253
-
pensions
459
-
1 099
-
health
396
-
949
-
unemployment
83
-
200
-
total
938
-
2 248
-
Corporate
94 391
99 500
-
-
income
20 766
21 890
-
-
total
20 766
21 890
-
-
Dividends
73 625
77 610
-
-
withholding
14 725
15 522
-
-
total
14 725
15 522
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 862
37 412
36 629
36 433
After tax
61 638
62 088
62 871
63 067
Living cost
2 738
2 738
2 738
2 738
Free-cash
58 900
59 350
60 133
60 329

Estimated living cost  is ₽2738 per week

₽1627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽826
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35286
₽35286
₽49676
₽54596
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 108
health
-
-
-
7 612
income
-
-
-
18 987
pensions
-
-
-
19 214
total
-
-
-
46 921
Employee

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

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

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

26 076
-
86 272
-
income
3 594
-
18 987
-
pensions
3 651
-
10 346
-
unemployment
196
-
554
-
health
1 343
-
3 806
-
total
8 784
-
33 693
-
Employer

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

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

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

26 076
-
86 272
-
pensions
3 129
-
8 868
-
health
1 343
-
3 806
-
unemployment
196
-
554
-
total
4 668
-
13 228
-
Corporate
68 756
99 500
-
-
income
10 313
14 925
-
-
total
10 313
14 925
-
-
Dividends
58 443
84 575
-
-
withholding
8 766
12 686
-
-
total
8 766
12 686
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 531
27 611
46 921
46 921
After tax
66 969
71 889
52 579
52 579
Living cost
17 293
17 293
17 293
17 293
Free-cash
49 676
54 596
35 286
35 286

Estimated living cost  is ₽17293 per week

₽11643
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1338
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3811
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28710
₽23704
₽29279
₽29640
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
social contributions

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

-
-
-
34 576
income
-
-
-
9 258
surtax
-
-
-
-
total
-
-
-
43 834
Employee
38 808
-
80 404
-
income
7 583
-
20 900
-
social contributions
4 269
-
8 844
-
surtax
-
-
-
-
total
11 852
-
29 744
-
Employer
38 808
-
80 404
-
social contributions
9 216
-
19 096
-
total
9 216
-
19 096
-
Corporate
51 476
99 500
-
-
surtax
-
-
-
-
income
10 810
20 895
-
-
total
10 810
20 895
-
-
Dividends
40 666
78 605
-
-
withholding
11 387
22 009
-
-
total
11 387
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 265
42 904
48 840
43 834
After tax
56 235
56 596
50 660
55 666
Living cost
26 956
26 956
26 956
26 956
Free-cash
29 279
29 640
23 704
28 710

Estimated living cost  is ₽26956 per week

₽19092
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1873
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5514
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18186
₽17530
₽24278
₽31901
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
93
unemployment
-
-
-
649
accident
-
-
-
835
income
-
-
-
18 370
pensions
-
-
-
26 227
total
-
-
-
46 174
Employee
48 290
-
75 446
-
income
10 086
-
17 985
-
pensions
2 269
-
3 546
-
unemployment
748
-
1 169
-
other
47
-
76
-
total
13 150
-
22 776
-
Employer
48 290
-
75 446
-
pensions
11 396
-
17 806
-
other
387
-
605
-
accident
956
-
1 493
-
unemployment
2 656
-
4 150
-
total
15 395
-
24 054
-
Corporate
35 814
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.

5 372
14 926
-
-
total
5 372
14 926
-
-
Dividends
30 442
84 574
-
-
withholding
6 165
17 533
-
-
total
6 165
17 533
-
-
Income
99 500
99 500
99 500
99 500
Total tax
40 082
32 459
46 830
46 174
After tax
59 418
67 041
52 670
53 326
Living cost
35 140
35 140
35 140
35 140
Free-cash
24 278
31 901
17 530
18 186

Estimated living cost  is ₽35140 per week

₽25236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2732
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.
₽6677
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽58054
₽61132
₽61784
₽67875
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
140
health
-
-
-
4 016
income
-
-
-
14 925
pensions

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

-
-
-
5 168
total
-
-
-
24 249
Employee
22 772
-
92 649
-
income
2 278
-
9 264
-
pensions

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

1 999
-
3 066
-
health
1 048
-
1 606
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
total
5 575
-
14 320
-
Employer
22 772
-
92 649
-
pensions

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

2 509
-
3 848
-
accident

We are using the highest rate at 1.1%.

250
-
384
-
health
1 571
-
2 409
-
unemployment
137
-
210
-
total
4 467
-
6 851
-
Corporate
72 260
99 500
-
-
income
7 226
9 950
-
-
total
7 226
9 950
-
-
Dividends
65 034
89 550
-
-
withholding
3 251
4 478
-
-
total
3 251
4 478
-
-
Income
99 500
99 500
99 500
99 500
Total tax
20 519
14 428
21 171
24 249
After tax
78 981
85 072
78 329
75 251
Living cost
17 197
17 197
17 197
17 197
Free-cash
61 784
67 875
61 132
58 054

Estimated living cost  is ₽17197 per week

₽11374
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽985
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24689
₽32296
₽25813
₽12729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
7 607
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.

-
-
-
6 831
income

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

-
-
-
20 635
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.

-
-
-
1 135
total
-
-
-
36 208
Employee

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

49 751
-
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.

226
-
1 135
-
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.

4 091
-
20 635
-
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.

6 831
-
6 831
-
total
11 148
-
28 601
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
49 749
99 500
-
-
trade
7 138
14 278
-
-
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.

410
822
-
-
income
7 463
14 926
-
-
chamber of commerce
224
298
-
-
total
15 235
30 324
-
-
Dividends
34 515
69 176
-
-
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.

453
930
-
-
withholding
8 248
16 914
-
-
total
8 701
17 844
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 084
48 168
28 601
36 208
After tax
64 416
51 332
70 899
63 292
Living cost
38 603
38 603
38 603
38 603
Free-cash
25 813
12 729
32 296
24 689

Estimated living cost  is ₽38603 per week

₽26629
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽560
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7260
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10429
₽10429
₽14900
₽12691
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
8 840
income
-
-
-
23 273
total
-
-
-
32 113
Employee
78 213
-
99 500
-
social contributions
6 498
-
8 840
-
income
14 759
-
23 273
-
total
21 257
-
32 113
-
Employer
78 213
-
99 500
-
total
-
-
-
-
Corporate
21 287
99 500
-
-
income
2 660
12 438
-
-
total
2 660
12 438
-
-
Dividends
18 626
87 062
-
-
withholding
3 725
17 413
-
-
total
3 725
17 413
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 642
29 851
32 113
32 113
After tax
71 858
69 649
67 387
67 387
Living cost
56 958
56 958
56 958
56 958
Free-cash
14 900
12 691
10 429
10 429

Estimated living cost  is ₽56958 per week

₽43333
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4641
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.
₽8440
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28067
₽36771
₽27090
₽23097
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
6 675
income
-
-
-
28 462
total
-
-
-
35 137
Employee
45 869
-
94 901
-
social contributions
4 596
-
4 599
-
income
4 977
-
17 235
-
total
9 573
-
21 834
-
Employer
45 869
-
94 901
-
social contributions
4 596
-
4 599
-
total
4 596
-
4 599
-
Corporate
49 035
99 500
-
-
income
17 163
34 824
-
-
total
17 163
34 824
-
-
Dividends
31 873
64 676
-
-
social contributions
4 782
5 283
-
-
total
4 782
5 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 114
40 107
26 433
35 137
After tax
63 386
59 393
73 067
64 363
Living cost
36 296
36 296
36 296
36 296
Free-cash
27 090
23 097
36 771
28 067

Estimated living cost  is ₽36296 per week

₽23908
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2861
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8969
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34594
₽25003
₽31524
₽36152
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
20 279
pensions
-
-
-
7 275
total
-
-
-
27 554
Employee
51 271
-
87 636
-
income
9 337
-
15 589
-
pensions
3 913
-
8 278
-
health
669
-
1 415
-
total
13 919
-
25 282
-
Employer
51 271
-
87 636
-
pensions
5 180
-
10 198
-
health
974
-
1 665
-
total
6 154
-
11 863
-
Corporate
42 074
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.

7 995
18 904
-
-
total
7 995
18 904
-
-
Dividends
34 079
80 596
-
-
withholding
2 556
7 092
-
-
total
2 556
7 092
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 624
25 996
37 145
27 554
After tax
68 876
73 504
62 355
71 946
Living cost
37 352
37 352
37 352
37 352
Free-cash
31 524
36 152
25 003
34 594

Estimated living cost  is ₽37352 per week

₽25623
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3435
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.
₽7824
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽44564
₽27651
₽4420
-₽15669
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
other
-
-
-
369
accident
-
-
-
252
health
-
-
-
2 172
income
-
-
-
24 270
pensions
-
-
-
4 145
total
-
-
-
31 208
Employee
37 325
-
85 023
-
income
5 121
-
16 310
-
pensions
4 203
-
7 599
-
health
4 274
-
9 735
-
total
13 598
-
33 644
-
Employer
37 325
-
85 023
-
pensions
6 069
-
10 974
-
accident
623
-
1 420
-
unemployment
914
-
2 083
-
total
7 606
-
14 477
-
Corporate
54 568
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.

49 111
89 550
-
-
total
49 111
89 550
-
-
Dividends
5 457
9 950
-
-
withholding
1 037
1 891
-
-
total
1 037
1 891
-
-
Income
99 500
99 500
99 500
99 500
Total tax
71 352
91 441
48 121
31 208
After tax
28 148
8 059
51 379
68 292
Living cost
23 728
23 728
23 728
23 728
Free-cash
4 420
-15 669
27 651
44 564

Estimated living cost  is ₽23728 per week

₽17414
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1383
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4454
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43390
₽48773
₽66214
₽70228
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
work injury
-
-
-
497
unemployment
-
-
-
1 194
income
-
-
-
15 247
health insurance
-
-
-
7 363
pensions
-
-
-
18 308
total
-
-
-
42 609
Employee

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

21 601
-
99 500
-
income
2 160
-
15 247
-
work injury
108
-
400
-
pensions
3 975
-
14 706
-
unemployment
259
-
959
-
health insurance
1 598
-
5 914
-
total
8 100
-
37 226
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
77 899
99 500
-
-
income

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

-
995
-
-
total
-
995
-
-
Dividends
77 899
98 505
-
-
withholding
11 685
14 776
-
-
total
11 685
14 776
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 785
15 771
37 226
42 609
After tax
79 715
83 729
62 274
56 891
Living cost
13 501
13 501
13 501
13 501
Free-cash
66 214
70 228
48 773
43 390

Estimated living cost  is ₽13501 per week

₽8364
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽981
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽421
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3735
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10326
₽5774
₽8028
₽12575
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
social contributions
-
-
-
25 591
municipal
-
-
-
666
national
-
-
-
21 102
regional
-
-
-
1 982
total
-
-
-
49 341
Employee
84 257
-
99 500
-
national
14 239
-
18 077
-
social contributions
28 411
-
33 551
-
municipal
503
-
594
-
regional
1 272
-
1 671
-
total
44 425
-
53 893
-
Employer
84 257
-
99 500
-
total
-
-
-
-
Corporate
15 243
99 500
-
-
nationa
3 658
23 880
-
-
municipal
734
4 797
-
-
total
4 392
28 677
-
-
Dividends
10 851
70 823
-
-
withholding
2 822
18 415
-
-
total
2 822
18 415
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 639
47 092
53 893
49 341
After tax
47 861
52 408
45 607
50 159
Living cost
39 833
39 833
39 833
39 833
Free-cash
8 028
12 575
5 774
10 326

Estimated living cost  is ₽39833 per week

₽27980
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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