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
₽41765
₽22038
₽32924
₽32356
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 205
trade
-
-
-
8 841
income

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

-
-
-
21 906
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.

-
-
-
6 372
total
-
-
-
38 324
Employee

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

35 675
-
99 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
surtax

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

55
-
1 205
-
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.

997
-
21 906
-
total
7 424
-
29 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
63 825
99 500
-
-
chamber of commerce
234
285
-
-
trade
10 052
15 672
-
-
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.

526
821
-
-
income
9 574
14 925
-
-
total
20 386
31 703
-
-
Dividends
43 439
67 797
-
-
withholding
10 505
16 594
-
-
surtax

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

577
913
-
-
total
11 082
17 507
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 892
49 210
29 483
38 324
After tax
60 608
50 290
70 017
61 176
Living cost
28 252
28 252
28 252
28 252
Free-cash
32 356
22 038
41 765
32 924

Estimated living cost  is ₽28252 per week

₽17771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3294
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6659
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11067
₽12351
₽10286
₽11524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
municipal
-
-
-
10 381
social contributions
-
-
-
1 070
national
-
-
-
16 086
pensions
-
-
-
11 940
total
-
-
-
39 477
Employee
77 101
-
86 017
-
pensions
3 084
-
3 441
-
national
14 757
-
16 683
-
municipal
9 523
-
10 766
-
total
27 364
-
30 890
-
Employer
77 101
-
86 017
-
pensions
6 168
-
6 881
-
social contributions
829
-
925
-
total
6 997
-
7 806
-
Corporate
10 313
99 500
-
-
income

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

2 063
19 900
-
-
total
2 063
19 900
-
-
Dividends
8 250
79 600
-
-
withholding
1 815
17 512
-
-
total
1 815
17 512
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 239
37 412
38 696
39 477
After tax
61 261
62 088
60 804
60 023
Living cost
49 737
49 737
49 737
49 737
Free-cash
11 524
12 351
11 067
10 286

Estimated living cost  is ₽49737 per week

₽33806
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4623
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽744
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10563
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽36608
₽60195
₽33641
₽52545
S + D Salary + Dividends

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

Dividends

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

Salary

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

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

-
-
-
31 990
income
-
-
-
14 464
total
-
-
-
46 454
Employee
27 255
-
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.

2 998
-
8 820
-
surtax
-
-
-
-
income
4 852
-
15 351
-
total
7 850
-
24 171
-
Employer
27 255
-
80 184
-
surtax
-
-
-
-
social contributions

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

6 565
-
19 316
-
total
6 565
-
19 316
-
Corporate
65 680
99 500
-
-
income

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

13 135
19 900
-
-
total
13 135
19 900
-
-
Dividends

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

52 545
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 550
19 900
43 487
46 454
After tax
71 950
79 600
56 013
53 046
Living cost
19 405
19 405
19 405
19 405
Free-cash
52 545
60 195
36 608
33 641

Estimated living cost  is ₽19405 per week

₽12380
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1848
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽10950
₽9221
₽17398
₽3508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 599
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
43 029
Employee
79 651
79 651
84 672
-
health
12 226
10 399
10 686
-
pensions
14 337
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
39 601
34 365
34 652
-
Employer
79 651
79 651
84 672
-
unemployment
2 867
2 867
3 048
-
health
5 537
5 537
5 885
-
pensions
5 544
5 544
5 892
-
total
13 948
13 948
14 825
-
Corporate
6 878
5 901
-
-
income
1 375
1 181
-
-
total
1 375
1 181
-
-
Dividends
5 502
4 720
-
-
withholding
825
708
-
-
income
1 170
1 004
-
-
total
1 995
1 712
-
-
Income
99 500
99 500
99 500
99 500
Total tax
56 919
51 206
49 477
43 029
After tax
42 581
48 294
50 023
56 471
Living cost
39 073
39 073
39 073
39 073
Free-cash
3 508
9 221
10 950
17 398

Estimated living cost  is ₽39073 per week

₽27690
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3522
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7239
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15451
₽16643
₽15353
₽15798
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
municipal
-
-
-
22 536
other
-
-
-
9 597
unemployment
-
-
-
83
national
-
-
-
-
pensions
-
-
-
8 928
accident
-
-
-
165
health
-
-
-
5 154
total
-
-
-
46 463
Employee
53 696
-
75 711
-
national
-
-
-
-
municipal
16 012
-
22 577
-
total
16 012
-
22 577
-
Employer
53 696
-
75 711
-
unemployment
1 418
-
1 999
-
accident
107
-
151
-
health
3 302
-
4 656
-
pensions
5 804
-
8 184
-
other
6 240
-
8 798
-
total
16 871
-
23 788
-
Corporate
28 932
99 500
-
-
income
6 365
21 890
-
-
total
6 365
21 890
-
-
Dividends
22 567
77 610
-
-
withholding
6 770
23 283
-
-
total
6 770
23 283
-
-
Income
99 500
99 500
99 500
99 500
Total tax
46 018
45 173
46 365
46 463
After tax
53 482
54 327
53 135
53 037
Living cost
37 684
37 684
37 684
37 684
Free-cash
15 798
16 643
15 451
15 353

Estimated living cost  is ₽37684 per week

₽24976
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽572
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8439
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33375
₽13138
₽24141
₽26243
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 205
trade
-
-
-
9 234
income

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

-
-
-
21 906
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.

-
-
-
6 372
total
-
-
-
38 717
Employee

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

47 301
-
99 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
surtax

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

223
-
1 205
-
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.

4 064
-
21 906
-
total
10 659
-
29 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
52 199
99 500
-
-
chamber of commerce
216
283
-
-
trade
8 586
16 367
-
-
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.

430
821
-
-
income
7 831
14 925
-
-
total
17 063
32 396
-
-
Dividends
35 136
67 103
-
-
withholding
8 429
16 421
-
-
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.

464
903
-
-
total
8 893
17 324
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 615
49 720
29 483
38 717
After tax
62 885
49 780
70 017
60 783
Living cost
36 642
36 642
36 642
36 642
Free-cash
26 243
13 138
33 375
24 141

Estimated living cost  is ₽36642 per week

₽24506
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3864
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.
₽7724
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39381
₽42543
₽39786
₽38678
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
11 834
health
-
-
-
2 536
total
-
-
-
29 461
Employee
71 723
71 723
90 331
-
health
713
1 220
1 536
-
social contributions
3 485
5 953
7 498
-
income
7 531
6 639
11 663
-
total
11 729
13 812
20 697
-
Employer
71 723
71 723
90 331
-
health
777
1 328
1 671
-
social contributions
3 485
5 953
7 498
-
total
4 262
7 281
9 169
-
Corporate
53 255
20 497
-
-
income
6 657
2 563
-
-
total
6 657
2 563
-
-
Dividends
46 598
17 934
-
-
withholding
7 921
3 048
-
-
total
7 921
3 048
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 569
26 704
29 866
29 461
After tax
68 931
72 796
69 634
70 039
Living cost
30 253
30 253
30 253
30 253
Free-cash
38 678
42 543
39 381
39 786

Estimated living cost  is ₽30253 per week

₽20681
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2363
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6701
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽40979
₽39321
₽52226
₽39668
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
12 164
pensions
-
-
-
9 950
health
-
-
-
6 965
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.

24 110
9 596
83 264
-
health
1 688
672
5 828
-
pensions
2 411
960
8 326
-
unemployment
362
144
1 249
-
income
2 948
1 173
10 179
-
total
7 409
2 949
25 582
-
Employer

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

The minimum wage is 138,000 HUF per month.

24 110
9 596
83 264
-
pensions
4 702
1 871
16 236
-
total
4 702
1 871
16 236
-
Corporate
70 688
88 033
-
-
income
6 362
7 923
-
-
total
6 362
7 923
-
-
Dividends
64 326
80 110
-
-
withholding
12 222
15 221
-
-
social contributions
12 434
15 512
-
-
total
24 656
30 733
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 129
43 476
41 818
30 571
After tax
56 371
56 024
57 682
68 929
Living cost
16 703
16 703
16 703
16 703
Free-cash
39 668
39 321
40 979
52 226

Estimated living cost  is ₽16703 per week

₽11398
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1367
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽334
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34821
₽57071
₽30802
₽51278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
13 334
pensions
-
-
-
19 900
health
-
-
-
12 935
total
-
-
-
46 169
Employee
26 460
-
74 364
-
unemployment
423
-
1 189
-
pensions
529
-
1 487
-
income
2 979
-
14 337
-
total
3 931
-
17 013
-
Employer
26 460
-
74 364
-
unemployment
212
-
595
-
health
3 439
-
9 668
-
pensions
5 292
-
14 874
-
total
8 943
-
25 137
-
Corporate
64 096
99 500
-
-
income
12 819
19 900
-
-
total
12 819
19 900
-
-
Dividends
51 277
79 600
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
25 693
19 900
42 150
46 169
After tax
73 807
79 600
57 350
53 331
Living cost
22 529
22 529
22 529
22 529
Free-cash
51 278
57 071
34 821
30 802

Estimated living cost  is ₽22529 per week

₽15452
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1342
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽453
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5282
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽30853
-₽12769
₽47432
₽4865
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
24 645
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
31 239
Employee
32 765
-
85 545
-
health
3 752
-
9 795
-
pensions
3 689
-
7 223
-
income
4 495
-
16 844
-
total
11 936
-
33 862
-
Employer
32 765
-
85 545
-
unemployment
803
-
2 096
-
accident
547
-
1 429
-
pensions
5 328
-
10 431
-
total
6 678
-
13 956
-
Corporate
60 057
99 500
-
-
income

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

54 051
89 550
-
-
total
54 051
89 550
-
-
Dividends
6 006
9 950
-
-
withholding
1 141
1 890
-
-
total
1 141
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
73 806
91 440
47 818
31 239
After tax
25 694
8 060
51 682
68 261
Living cost
20 829
20 829
20 829
20 829
Free-cash
4 865
-12 769
30 853
47 432

Estimated living cost  is ₽20829 per week

₽15266
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽435
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3975
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽72046
₽86971
₽90951
₽85555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
microenterprise

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

-
-
-
995
total
-
-
-
995
Employee
9 443
-
99 500
-
income
1 888
-
19 900
-
total
1 888
-
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%.

90 057
99 500
-
-
total
-
-
-
-
Dividends
90 057
99 500
-
-
withholding
4 503
4 975
-
-
total
4 503
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
6 391
4 975
19 900
995
After tax
93 109
94 525
79 600
98 505
Living cost
7 554
7 554
7 554
7 554
Free-cash
85 555
86 971
72 046
90 951

Estimated living cost  is ₽7554 per week

₽4682
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽628
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽208
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2037
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33094
₽48249
₽28982
₽41952
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
4 726
income
-
-
-
12 682
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
health
-
-
-
4 377
total
-
-
-
45 665
Employee
33 866
-
79 472
-
health
474
-
1 113
-
pensions

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

2 370
-
5 563
-
unemployment
338
-
795
-
income
5 830
-
14 054
-
total
9 012
-
21 525
-
Employer
33 866
-
79 472
-
unemployment
338
-
795
-
accident
271
-
635
-
health
474
-
1 113
-
pensions

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

5 758
-
13 511
-
other
1 694
-
3 974
-
total
8 535
-
20 028
-
Corporate
57 098
99 500
-
-
income
11 990
20 895
-
-
total
11 990
20 895
-
-
Dividends
45 108
78 605
-
-
withholding
3 158
5 503
-
-
total
3 158
5 503
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 695
26 398
41 553
45 665
After tax
66 805
73 102
57 947
53 835
Living cost
24 853
24 853
24 853
24 853
Free-cash
41 952
48 249
33 094
28 982

Estimated living cost  is ₽24853 per week

₽17560
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1678
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽400
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5215
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽688
₽9435
₽8125
-₽1541
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
21 437
pensions
-
-
-
7 132
total
-
-
-
28 569
Employee
88 860
-
87 529
-
health
1 464
-
1 437
-
pensions
8 573
-
8 413
-
income
16 018
-
15 561
-
total
26 055
-
25 411
-
Employer
88 860
-
87 529
-
health
1 688
-
1 663
-
pensions
10 492
-
10 308
-
total
12 180
-
11 971
-
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.

-
18 905
-
-
total
-
18 905
-
-
Dividends
-
80 595
-
-
withholding
-
8 354
-
-
total
-
8 354
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 235
27 259
37 382
28 569
After tax
61 265
72 241
62 118
70 931
Living cost
62 806
62 806
62 806
62 806
Free-cash
-1 541
9 435
-688
8 125

Estimated living cost  is ₽62806 per week

₽47061
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7379
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽511
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7855
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽66840
₽72839
₽63639
₽68506
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
14 925
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
23 627
Employee
16 200
-
93 105
-
health
745
-
1 499
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
pensions

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

1 422
-
2 862
-
income
1 620
-
9 310
-
total
3 965
-
14 030
-
Employer
16 200
-
93 105
-
unemployment
97
-
196
-
accident

We are using the highest rate at 1.1%.

178
-
359
-
health
1 118
-
2 249
-
pensions

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

1 785
-
3 592
-
total
3 178
-
6 396
-
Corporate
80 121
99 500
-
-
income
8 012
9 950
-
-
total
8 012
9 950
-
-
Dividends
72 109
89 550
-
-
withholding
3 605
4 477
-
-
total
3 605
4 477
-
-
Income
99 500
99 500
99 500
99 500
Total tax
18 760
14 427
20 426
23 627
After tax
80 740
85 073
79 074
75 873
Living cost
12 234
12 234
12 234
12 234
Free-cash
68 506
72 839
66 840
63 639

Estimated living cost  is ₽12234 per week

₽7143
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽874
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽324
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3894
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1698
-₽3427
₽4750
-₽2115
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
20 599
pensions
-
-
-
10 928
health
-
-
-
11 502
total
-
-
-
43 029
Employee
86 476
79 651
84 672
-
health
10 788
10 399
10 686
-
pensions
10 928
10 928
10 928
-
income

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

13 038
13 038
13 038
-
total
34 754
34 365
34 652
-
Employer
86 476
79 651
84 672
-
unemployment
3 113
2 867
3 048
-
health
6 009
5 537
5 885
-
pensions
6 018
5 544
5 892
-
total
15 140
13 948
14 825
-
Corporate
-
5 901
-
-
income
-
1 181
-
-
total
-
1 181
-
-
Dividends
-
4 720
-
-
withholding
-
708
-
-
income
-
1 004
-
-
total
-
1 712
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 894
51 206
49 477
43 029
After tax
49 606
48 294
50 023
56 471
Living cost
51 721
51 721
51 721
51 721
Free-cash
-2 115
-3 427
-1 698
4 750

Estimated living cost  is ₽51721 per week

₽38153
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽593
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8356
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27702
₽45715
₽25670
₽37583
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 054
income
-
-
-
8 552
health
-
-
-
13 433
total
-
-
-
51 039
Employee
33 517
-
74 254
-
health
4 525
-
10 024
-
social contributions
2 179
-
4 827
-
solidarity contribution
-
-
-
-
income
4 022
-
8 910
-
total
10 726
-
23 761
-
Employer
33 517
-
74 254
-
health
3 017
-
6 683
-
social contributions
8 379
-
18 563
-
total
11 396
-
25 246
-
Corporate
54 588
99 500
-
-
income
10 372
18 905
-
-
total
10 372
18 905
-
-
Dividends
44 216
80 595
-
-
withholding
6 632
12 089
-
-
total
6 632
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 126
30 994
49 007
51 039
After tax
60 374
68 506
50 493
48 461
Living cost
22 791
22 791
22 791
22 791
Free-cash
37 583
45 715
27 702
25 670

Estimated living cost  is ₽22791 per week

₽15831
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1621
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽448
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4891
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6546
₽13729
₽11279
₽8860
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
municipal
-
-
-
591
social contributions
-
-
-
25 591
national
-
-
-
21 571
regional
-
-
-
1 110
total
-
-
-
48 863
Employee
82 895
-
99 500
-
social contributions
27 952
-
33 551
-
national
14 364
-
18 546
-
regional
782
-
972
-
municipal
439
-
527
-
total
43 537
-
53 596
-
Employer
82 895
-
99 500
-
total
-
-
-
-
Corporate
16 605
99 500
-
-
municipal
648
3 880
-
-
nationa
3 984
23 880
-
-
total
4 632
27 760
-
-
Dividends
11 972
71 741
-
-
withholding
3 113
18 653
-
-
total
3 113
18 653
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 282
46 413
53 596
48 863
After tax
48 218
53 087
45 904
50 637
Living cost
39 358
39 358
39 358
39 358
Free-cash
8 860
13 729
6 546
11 279

Estimated living cost  is ₽39358 per week

₽27436
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2581
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽604
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8737
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28036
₽42002
₽29835
₽39100
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
2 460
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
19 447
pensions
-
-
-
19 900
health
-
-
-
7 064
total
-
-
-
49 083
Employee
30 845
-
82 198
-
health
788
-
2 096
-
pensions
2 057
-
5 482
-
unemployment
2 147
-
5 721
-
surtax
101
-
2 223
-
other
-
-
-
-
income
5 170
-
18 058
-
total
10 263
-
33 580
-
Employer
30 845
-
82 198
-
unemployment
977
-
2 605
-
health
1 404
-
3 740
-
pensions
4 112
-
10 957
-
other
-
-
-
-
total
6 493
-
17 302
-
Corporate
62 163
99 500
-
-
income
16 162
25 871
-
-
total
16 162
25 871
-
-
Dividends
46 000
73 629
-
-
withholding
6 900
11 045
-
-
total
6 900
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 818
36 916
50 882
49 083
After tax
59 682
62 584
48 618
50 417
Living cost
20 582
20 582
20 582
20 582
Free-cash
39 100
42 002
28 036
29 835

Estimated living cost  is ₽20582 per week

₽12585
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1899
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5623
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽19211
₽29334
₽28024
₽24252
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
21 437
pensions
-
-
-
7 132
total
-
-
-
28 569
Employee
59 552
-
87 529
-
health
864
-
1 437
-
pensions
5 055
-
8 413
-
income
10 726
-
15 561
-
total
16 645
-
25 411
-
Employer
59 552
-
87 529
-
health
1 131
-
1 663
-
pensions
6 447
-
10 308
-
total
7 578
-
11 971
-
Corporate
32 370
99 500
-
-
income

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

6 151
18 905
-
-
total
6 151
18 905
-
-
Dividends
26 220
80 595
-
-
withholding
1 967
8 354
-
-
total
1 967
8 354
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 341
27 259
37 382
28 569
After tax
67 159
72 241
62 118
70 931
Living cost
42 907
42 907
42 907
42 907
Free-cash
24 252
29 334
19 211
28 024

Estimated living cost  is ₽42907 per week

₽32146
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3216
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽449
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7096
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽4190
-₽28271
₽9139
₽3290
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
city
-
-
-
1 048
other

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

-
-
-
1 989
national
-
-
-
669
pensions
-
-
-
9 153
regional
-
-
-
3 490
health
-
-
-
241
total
-
-
-
16 590
Employee
86 331
-
89 058
-
health
195
-
201
-
pensions
7 253
-
7 480
-
unemployment
-
-
-
-
city
927
-
957
-
national
409
-
464
-
regional
2 827
-
2 975
-
total
11 611
-
12 077
-
Employer
86 331
-
89 058
-
unemployment
-
-
-
-
health
195
-
201
-
pensions
7 253
-
7 480
-
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.

1 726
-
1 781
-
total
9 174
-
9 462
-
Corporate
3 046
99 500
-
-
regional
644
21 044
-
-
national
260
8 458
-
-
total
904
29 502
-
-
Dividends
2 142
69 998
-
-
withholding
750
24 498
-
-
total
750
24 498
-
-
Income
99 500
99 500
99 500
99 500
Total tax
22 439
54 000
21 539
16 590
After tax
77 061
45 500
77 961
82 910
Living cost
73 771
73 771
73 771
73 771
Free-cash
3 290
-28 271
4 190
9 139

Estimated living cost  is ₽73771 per week

₽47972
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6620
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽906
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18273
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽27288
₽6538
₽17661
₽21660
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 205
trade
-
-
-
9 627
income

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

-
-
-
21 906
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.

-
-
-
6 372
total
-
-
-
39 110
Employee

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

56 055
-
99 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
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.

363
-
1 205
-
income

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

6 592
-
21 906
-
total
13 327
-
29 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
43 445
99 500
-
-
chamber of commerce
204
281
-
-
trade
7 450
17 065
-
-
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.

359
821
-
-
income
6 517
14 925
-
-
total
14 530
33 092
-
-
Dividends
28 914
66 407
-
-
withholding
6 875
16 247
-
-
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.

379
894
-
-
total
7 254
17 141
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 111
50 233
29 483
39 110
After tax
64 389
49 267
70 017
60 390
Living cost
42 729
42 729
42 729
42 729
Free-cash
21 660
6 538
27 288
17 661

Estimated living cost  is ₽42729 per week

₽31207
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3418
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.
₽7549
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽29908
₽18234
₽25203
₽23746
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 356
pensions
-
-
-
23 919
health
-
-
-
2 184
total
-
-
-
42 385
Employee
39 919
-
80 493
-
social contributions
1 138
-
2 292
-
pensions
4 514
-
4 050
-
surtax
-
-
-
-
income
2 356
-
12 331
-
total
8 008
-
18 673
-
Employer
39 919
-
80 493
-
unemployment
1 616
-
3 260
-
health
2 795
-
5 634
-
pensions
6 558
-
7 095
-
other
1 377
-
2 777
-
social contributions
120
-
241
-
total
12 466
-
19 007
-
Corporate
47 114
99 500
-
-
surtax
-
-
-
-
income
13 192
27 860
-
-
total
13 192
27 860
-
-
Dividends
33 922
71 640
-
-
withholding
4 342
9 171
-
-
surtax
-
-
-
-
social contributions
5 834
12 323
-
-
total
10 176
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 842
49 354
37 680
42 385
After tax
55 658
50 146
61 820
57 115
Living cost
31 912
31 912
31 912
31 912
Free-cash
23 746
18 234
29 908
25 203

Estimated living cost  is ₽31912 per week

₽20122
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2595
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽543
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8654
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33070
₽21396
₽28365
₽26580
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 356
pensions
-
-
-
23 919
health
-
-
-
2 184
total
-
-
-
42 385
Employee
35 634
-
80 493
-
social contributions
1 016
-
2 292
-
pensions
4 030
-
4 050
-
surtax
-
-
-
-
income
1 837
-
12 331
-
total
6 883
-
18 673
-
Employer
35 634
-
80 493
-
unemployment
1 443
-
3 260
-
health
2 494
-
5 634
-
pensions
5 855
-
7 095
-
other
1 230
-
2 777
-
social contributions
106
-
241
-
total
11 128
-
19 007
-
Corporate
52 738
99 500
-
-
surtax
-
-
-
-
income
14 767
27 860
-
-
total
14 767
27 860
-
-
Dividends
37 971
71 640
-
-
withholding
4 861
9 171
-
-
surtax
-
-
-
-
social contributions
6 531
12 323
-
-
total
11 392
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 170
49 354
37 680
42 385
After tax
55 330
50 146
61 820
57 115
Living cost
28 750
28 750
28 750
28 750
Free-cash
26 580
21 396
33 070
28 365

Estimated living cost  is ₽28750 per week

₽16674
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2921
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.
₽8611
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43972
₽40924
₽44121
₽41412
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
income
-
-
-
14 925
health
-
-
-
6 946
total
-
-
-
35 601
Employee
31 625
-
99 500
-
health
2 207
-
6 946
-
social contributions
4 365
-
13 730
-
income
5 275
-
15 074
-
total
11 847
-
35 750
-
Employer
31 625
-
99 500
-
total
-
-
-
-
Corporate
67 875
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%.

3 393
4 976
-
-
total
3 393
4 976
-
-
Dividends
64 482
94 524
-
-
withholding
9 671
14 178
-
-
health
4 501
6 599
-
-
social contributions
8 898
13 045
-
-
total
23 070
33 822
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 310
38 798
35 750
35 601
After tax
61 190
60 702
63 750
63 899
Living cost
19 778
19 778
19 778
19 778
Free-cash
41 412
40 924
43 972
44 121

Estimated living cost  is ₽19778 per week

₽13236
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1220
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽455
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3480
₽22806
₽17005
₽21364
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
184
chamber of commerce
-
-
-
398
unemployment
-
-
-
5 721
income
-
-
-
17 307
pensions
-
-
-
18 408
health
-
-
-
7 611
total
-
-
-
49 629
Employee
46 614
37 171
77 123
-
health
1 804
1 439
2 984
-
pensions
4 774
3 806
7 898
-
unemployment
1 398
1 115
2 313
-
other
466
372
772
-
income
5 307
2 742
15 375
-
total
13 749
9 474
29 342
-
Employer
46 614
37 171
77 123
-
unemployment
1 398
1 115
2 313
-
payroll
1 398
1 115
2 313
-
accident
605
483
1 002
-
health
1 761
1 405
2 915
-
pensions
5 850
4 666
9 679
-
other
2 214
1 765
3 662
-
surtax
184
184
184
-
chamber of commerce
186
149
308
-
total
13 596
10 882
22 376
-
Corporate
39 289
51 447
73 583
-
income

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

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

9 822
12 861
18 396
-
total
9 822
12 861
18 396
-
Dividends
29 467
38 586
-
-
withholding
8 103
10 611
-
-
total
8 103
10 611
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 270
43 828
70 114
49 629
After tax
54 230
55 672
29 386
49 871
Living cost
32 866
32 866
32 866
32 866
Free-cash
21 364
22 806
-3 480
17 005

Estimated living cost  is ₽32866 per week

₽21920
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2804
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽540
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7602
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4408
₽21772
₽11965
₽7782
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 858
communal

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

-
-
-
5 018
national
-
-
-
32 650
total
-
-
-
53 526
Employee

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

66 719
-
77 063
-
health

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

3 135
-
3 623
-
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.

5 004
-
5 779
-
unemployment

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

581
-
671
-
national
20 512
-
24 557
-
communal

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

3 480
-
4 020
-
total
32 712
-
38 650
-
Employer

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

66 719
-
77 063
-
unemployment

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

974
-
1 126
-
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.

867
-
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.

4 103
-
4 738
-
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.

5 912
-
6 827
-
surtax
7 565
-
8 740
-
total
19 421
-
22 433
-
Corporate
13 360
99 500
-
-
surtax
53
398
-
-
income
2 673
19 900
-
-
total
2 726
20 298
-
-
Dividends
10 635
79 201
-
-
withholding

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

2 850
23 421
-
-
total
2 850
23 421
-
-
Income
99 500
99 500
99 500
99 500
Total tax
57 709
43 719
61 083
53 526
After tax
41 791
55 781
38 417
45 974
Living cost
34 009
34 009
34 009
34 009
Free-cash
7 782
21 772
4 408
11 965

Estimated living cost  is ₽34009 per week

₽21906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽533
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8597
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18437
₽33342
₽20270
₽25911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
19 609
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
45 545
Employee
46 429
-
75 447
-
pensions
2 182
-
3 545
-
unemployment
720
-
1 170
-
other
46
-
76
-
income
9 796
-
18 535
-
total
12 744
-
23 326
-
Employer
46 429
-
75 447
-
unemployment
2 554
-
4 149
-
accident
919
-
1 494
-
pensions
10 957
-
17 805
-
other
370
-
604
-
total
14 800
-
24 052
-
Corporate
38 272
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.

5 740
14 925
-
-
total
5 740
14 925
-
-
Dividends
32 531
84 575
-
-
withholding
6 620
17 548
-
-
total
6 620
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 904
32 473
47 378
45 545
After tax
59 596
67 027
52 122
53 955
Living cost
33 685
33 685
33 685
33 685
Free-cash
25 911
33 342
18 437
20 270

Estimated living cost  is ₽33685 per week

₽24805
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2390
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6004
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽9693
₽9993
₽5420
₽3340
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
4 933
income
-
-
-
9 427
communal
-
-
-
6 289
pensions
-
-
-
14 914
accident
-
-
-
839
health
-
-
-
6 990
total
-
-
-
43 392
Employee
70 635
-
88 878
-
health
3 144
-
3 956
-
pensions
5 650
-
7 110
-
surtax
4 329
-
5 446
-
income
6 823
-
11 985
-
total
19 946
-
28 497
-
Employer
70 635
-
88 878
-
accident
635
-
800
-
health
2 154
-
2 712
-
pensions
5 650
-
7 110
-
total
8 439
-
10 622
-
Corporate
20 426
99 500
-
-
communal
-
6 716
-
-
surtax
214
1 044
-
-
income
3 064
14 925
-
-
total
3 278
22 685
-
-
Dividends
17 147
76 815
-
-
withholding
2 572
11 523
-
-
income
11 237
4 611
-
-
total
13 809
16 134
-
-
Income
99 500
99 500
99 500
99 500
Total tax
45 472
38 819
39 119
43 392
After tax
54 028
60 681
60 381
56 108
Living cost
50 688
50 688
50 688
50 688
Free-cash
3 340
9 993
9 693
5 420

Estimated living cost  is ₽50688 per week

₽38024
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3071
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽536
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9055
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27668
₽41634
₽29467
₽38669
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
2 460
other
-
-
-
-
unemployment
-
-
-
212
income
-
-
-
19 447
pensions
-
-
-
19 900
health
-
-
-
7 064
total
-
-
-
49 083
Employee
31 411
-
82 198
-
health
802
-
2 096
-
pensions
2 096
-
5 482
-
unemployment
2 186
-
5 721
-
surtax
112
-
2 223
-
other
-
-
-
-
income
5 266
-
18 058
-
total
10 462
-
33 580
-
Employer
31 411
-
82 198
-
unemployment
997
-
2 605
-
health
1 428
-
3 740
-
pensions
4 188
-
10 957
-
other
-
-
-
-
total
6 613
-
17 302
-
Corporate
61 476
99 500
-
-
income
15 983
25 871
-
-
total
15 983
25 871
-
-
Dividends
45 493
73 629
-
-
withholding
6 823
11 045
-
-
total
6 823
11 045
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 881
36 916
50 882
49 083
After tax
59 619
62 584
48 618
50 417
Living cost
20 950
20 950
20 950
20 950
Free-cash
38 669
41 634
27 668
29 467

Estimated living cost  is ₽20950 per week

₽12649
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1821
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽487
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5995
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20411
₽27174
₽25121
₽25102
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
municipal
-
-
-
591
social contributions
-
-
-
25 591
national
-
-
-
21 571
regional
-
-
-
1 500
total
-
-
-
49 253
Employee
51 740
-
99 500
-
social contributions
17 447
-
33 551
-
national
8 197
-
18 546
-
regional
697
-
1 339
-
municipal
274
-
527
-
total
26 615
-
53 963
-
Employer
51 740
-
99 500
-
total
-
-
-
-
Corporate
47 760
99 500
-
-
municipal
2 374
4 945
-
-
nationa
11 463
23 880
-
-
total
13 837
28 825
-
-
Dividends
33 924
70 675
-
-
withholding
8 820
18 375
-
-
total
8 820
18 375
-
-
Income
99 500
99 500
99 500
99 500
Total tax
49 272
47 200
53 963
49 253
After tax
50 228
52 300
45 537
50 247
Living cost
25 126
25 126
25 126
25 126
Free-cash
25 102
27 174
20 411
25 121

Estimated living cost  is ₽25126 per week

₽15626
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2545
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽430
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6524
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽22408
₽40421
₽20376
₽30401
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
solidarity contribution
-
-
-
-
social contributions
-
-
-
29 054
income
-
-
-
8 552
health
-
-
-
13 433
total
-
-
-
51 039
Employee
41 301
-
74 254
-
health
5 576
-
10 024
-
social contributions
2 685
-
4 827
-
solidarity contribution
-
-
-
-
income
4 956
-
8 910
-
total
13 217
-
23 761
-
Employer
41 301
-
74 254
-
health
3 717
-
6 683
-
social contributions
10 325
-
18 563
-
total
14 042
-
25 246
-
Corporate
44 156
99 500
-
-
income
8 390
18 905
-
-
total
8 390
18 905
-
-
Dividends
35 767
80 595
-
-
withholding
5 365
12 089
-
-
total
5 365
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
41 014
30 994
49 007
51 039
After tax
58 486
68 506
50 493
48 461
Living cost
28 085
28 085
28 085
28 085
Free-cash
30 401
40 421
22 408
20 376

Estimated living cost  is ₽28085 per week

₽20886
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1556
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.
₽5157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽343
₽26015
₽20298
₽25554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
chamber of commerce
-
-
-
398
unemployment
-
-
-
5 721
income
-
-
-
17 307
pensions
-
-
-
18 408
health
-
-
-
7 611
total
-
-
-
49 445
Employee
40 772
37 171
77 263
-
health
1 577
1 439
2 990
-
pensions
4 176
3 806
7 912
-
unemployment
1 223
1 115
2 319
-
other
407
372
774
-
income
3 632
2 742
15 422
-
total
11 015
9 474
29 417
-
Employer
40 772
37 171
77 263
-
unemployment
1 223
1 115
2 319
-
payroll
1 223
1 115
2 319
-
accident
529
483
1 004
-
health
1 542
1 405
2 921
-
pensions
5 117
4 666
9 696
-
other
1 936
1 765
3 669
-
surtax
-
-
-
-
chamber of commerce
163
149
310
-
total
11 733
10 698
22 238
-
Corporate
46 994
51 631
73 723
-
income

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

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

11 748
12 907
18 431
-
total
11 748
12 907
18 431
-
Dividends
35 246
38 724
-
-
withholding
9 693
10 649
-
-
total
9 693
10 649
-
-
Income
99 500
99 500
99 500
99 500
Total tax
44 189
43 728
70 086
49 445
After tax
55 311
55 772
29 414
50 055
Living cost
29 757
29 757
29 757
29 757
Free-cash
25 554
26 015
-343
20 298

Estimated living cost  is ₽29757 per week

₽17851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3039
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽531
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8337
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽67828
₽82753
₽86733
₽80546
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
microenterprise

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

-
-
-
995
total
-
-
-
995
Employee
14 715
-
99 500
-
income
2 943
-
19 900
-
total
2 943
-
19 900
-
Employer
-
-
-
-
total
-
-
-
-
Corporate

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

84 785
99 500
-
-
total
-
-
-
-
Dividends
84 785
99 500
-
-
withholding
4 239
4 975
-
-
total
4 239
4 975
-
-
Income
99 500
99 500
99 500
99 500
Total tax
7 182
4 975
19 900
995
After tax
92 318
94 525
79 600
98 505
Living cost
11 772
11 772
11 772
11 772
Free-cash
80 546
82 753
67 828
86 733

Estimated living cost  is ₽11772 per week

₽7966
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽494
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽395
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23337
₽43487
₽26189
₽35686
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
149
income
-
-
-
20 183
pensions
-
-
-
18 171
health
-
-
-
9 790
total
-
-
-
48 293
Employee

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

41 246
-
86 094
-
health
2 664
-
5 561
-
pensions
6 393
-
13 344
-
unemployment
58
-
120
-
income
7 113
-
18 714
-
total
16 228
-
37 739
-
Employer

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

41 246
-
86 094
-
unemployment
25
-
51
-
health
2 747
-
5 735
-
pensions
3 650
-
7 620
-
total
6 422
-
13 406
-
Corporate
51 833
99 500
-
-
income
9 848
18 906
-
-
total
9 848
18 906
-
-
Dividends
41 984
80 594
-
-
withholding
6 298
12 089
-
-
total
6 298
12 089
-
-
Income
99 500
99 500
99 500
99 500
Total tax
38 796
30 995
51 145
48 293
After tax
60 704
68 505
48 355
51 207
Living cost
25 018
25 018
25 018
25 018
Free-cash
35 686
43 487
23 337
26 189

Estimated living cost  is ₽25018 per week

₽17169
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽485
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5761
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47293
₽20527
₽28753
-₽38755
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
57 367
-
-
-
social contributions
4 704
-
670
-
income
12 654
-
-
-
total
17 358
-
670
-
Employer
57 367
-
-
-
social contributions
80 888
-
11 528
-
total
80 888
-
11 528
-
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
98 246
38 964
12 198
30 738
After tax
1 254
60 536
87 302
68 762
Living cost
40 009
40 009
40 009
40 009
Free-cash
-38 755
20 527
47 293
28 753

Estimated living cost  is ₽40009 per week

₽25959
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3763
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽510
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9777
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20646
₽27339
₽26089
₽26399
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
surtax
-
-
-
-
social contributions

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

-
-
-
34 576
income
-
-
-
9 578
total
-
-
-
44 154
Employee
42 898
-
80 403
-
social contributions
4 719
-
8 845
-
surtax
-
-
-
-
income
8 923
-
21 657
-
total
13 642
-
30 502
-
Employer
42 898
-
80 403
-
social contributions
10 188
-
19 095
-
total
10 188
-
19 095
-
Corporate
46 413
99 500
-
-
surtax
-
-
-
-
income
9 748
20 895
-
-
total
9 748
20 895
-
-
Dividends
36 666
78 605
-
-
withholding
10 266
22 009
-
-
total
10 266
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 844
42 904
49 597
44 154
After tax
55 656
56 596
49 903
55 346
Living cost
29 257
29 257
29 257
29 257
Free-cash
26 399
27 339
20 646
26 089

Estimated living cost  is ₽29257 per week

₽21890
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1726
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽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 Lisbon model

Close
Paris , France
₽16770
₽5096
₽12065
₽11508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
surtax
-
-
-
-
other
-
-
-
3 090
social contributions
-
-
-
2 836
income
-
-
-
10 356
pensions
-
-
-
23 919
health
-
-
-
2 184
total
-
-
-
42 385
Employee
58 419
-
80 493
-
social contributions
1 664
-
2 292
-
pensions
6 608
-
4 050
-
surtax
-
-
-
-
income
5 097
-
12 331
-
total
13 369
-
18 673
-
Employer
58 419
-
80 493
-
unemployment
2 367
-
3 260
-
health
4 089
-
5 634
-
pensions
9 599
-
7 095
-
other
2 016
-
2 777
-
social contributions
175
-
241
-
total
18 246
-
19 007
-
Corporate
22 836
99 500
-
-
surtax
-
-
-
-
income
6 393
27 860
-
-
total
6 393
27 860
-
-
Dividends
16 442
71 640
-
-
withholding
2 105
9 171
-
-
surtax
-
-
-
-
social contributions
2 829
12 323
-
-
total
4 934
21 494
-
-
Income
99 500
99 500
99 500
99 500
Total tax
42 942
49 354
37 680
42 385
After tax
56 558
50 146
61 820
57 115
Living cost
45 050
45 050
45 050
45 050
Free-cash
11 508
5 096
16 770
12 065

Estimated living cost  is ₽45050 per week

₽30489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3685
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽618
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10257
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50119
₽61513
₽47475
₽58378
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
2 097
social contributions
-
-
-
21 890
total
-
-
-
23 987
Employee
29 986
-
86 147
-
social contributions
1 949
-
5 599
-
income
-
-
2 391
-
total
1 949
-
7 990
-
Employer
29 986
-
86 147
-
social contributions
4 648
-
13 353
-
total
4 648
-
13 353
-
Corporate
64 866
99 500
-
-
income
6 487
9 949
-
-
total
6 487
9 949
-
-
Dividends
58 378
89 551
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
13 084
9 949
21 343
23 987
After tax
86 416
89 551
78 157
75 513
Living cost
28 038
28 038
28 038
28 038
Free-cash
58 378
61 513
50 119
47 475

Estimated living cost  is ₽28038 per week

₽18129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2113
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7268
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽103726
-₽103726
₽16425
-₽103726
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
18 802
labour market
-
-
-
7 895
national
-
-
-
10 648
pensions
-
-
-
809
total
-
-
-
38 154
Employee
189 602
189 602
189 602
-
pensions
270
270
270
-
national
23 163
23 163
23 163
-
labour market
15 147
15 147
15 147
-
municipal
40 375
40 375
40 375
-
total
78 955
78 955
78 955
-
Employer
189 602
189 602
189 602
-
pensions
539
539
539
-
national
23 204
23 204
23 204
-
labour market
15 168
15 168
15 168
-
municipal
40 439
40 439
40 439
-
total
79 350
79 350
79 350
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
99 500
99 500
99 500
99 500
Total tax
158 305
158 305
158 305
38 154
After tax
-58 805
-58 805
-58 805
61 346
Living cost
44 921
44 921
44 921
44 921
Free-cash
-103 726
-103 726
-103 726
16 425

Estimated living cost  is ₽44921 per week

₽30745
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3974
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽691
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9512
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽31160
-₽12462
₽47739
₽4911
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
24 645
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
31 239
Employee
32 282
-
85 545
-
health
3 697
-
9 795
-
pensions
3 635
-
7 223
-
income
4 429
-
16 844
-
total
11 761
-
33 862
-
Employer
32 282
-
85 545
-
unemployment
791
-
2 096
-
accident
539
-
1 429
-
pensions
5 249
-
10 431
-
total
6 579
-
13 956
-
Corporate
60 638
99 500
-
-
income

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

54 575
89 550
-
-
total
54 575
89 550
-
-
Dividends
6 064
9 950
-
-
withholding
1 152
1 890
-
-
total
1 152
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
74 067
91 440
47 818
31 239
After tax
25 433
8 060
51 682
68 261
Living cost
20 522
20 522
20 522
20 522
Free-cash
4 911
-12 462
31 160
47 739

Estimated living cost  is ₽20522 per week

₽14938
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1170
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽385
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4029
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽20463
₽29872
₽34149
₽28487
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
municipal
-
-
-
17 704
national
-
-
-
10 694
health
-
-
-
1 143
total
-
-
-
29 541
Employee
49 073
-
83 706
-
health
366
-
899
-
pensions
3 312
-
5 650
-
unemployment
736
-
1 255
-
national
811
-
5 967
-
municipal
8 038
-
13 663
-
total
13 263
-
27 434
-
Employer
49 073
-
83 706
-
unemployment
319
-
543
-
accident
50
-
83
-
health
377
-
644
-
pensions
8 514
-
14 523
-
total
9 260
-
15 793
-
Corporate
41 168
99 500
-
-
income
8 234
19 900
-
-
total
8 234
19 900
-
-
Dividends

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

24 700
59 700
-
-
national
-
3 172
-
-
municipal
4 446
10 746
-
-
total
4 446
13 918
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 203
33 818
43 227
29 541
After tax
64 297
65 682
56 273
69 959
Living cost
35 810
35 810
35 810
35 810
Free-cash
28 487
29 872
20 463
34 149

Estimated living cost  is ₽35810 per week

₽23391
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.
₽570
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8406
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

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
₽48039
₽51201
₽48444
₽46125
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
15 091
income
-
-
-
11 834
health
-
-
-
2 536
total
-
-
-
29 461
Employee
71 723
71 723
90 331
-
health
556
1 220
1 536
-
social contributions
2 712
5 953
7 498
-
income
7 809
6 639
11 663
-
total
11 077
13 812
20 697
-
Employer
71 723
71 723
90 331
-
health
604
1 328
1 671
-
social contributions
2 712
5 953
7 498
-
total
3 316
7 281
9 169
-
Corporate
63 513
20 497
-
-
income
7 939
2 563
-
-
total
7 939
2 563
-
-
Dividends
55 574
17 934
-
-
withholding
9 448
3 048
-
-
total
9 448
3 048
-
-
Income
99 500
99 500
99 500
99 500
Total tax
31 780
26 704
29 866
29 461
After tax
67 720
72 796
69 634
70 039
Living cost
21 595
21 595
21 595
21 595
Free-cash
46 125
51 201
48 039
48 444

Estimated living cost  is ₽21595 per week

₽12942
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2119
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.
₽6057
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47056
₽67587
₽65768
₽62841
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
27
income
-
-
-
9 588
pensions
-
-
-
5 933
health
-
-
-
3 375
total
-
-
-
18 923
Employee

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

21 409
-
90 384
-
health
1 820
-
7 523
-
pensions
3 211
-
13 275
-
unemployment
106
-
443
-
income
1 464
-
7 277
-
total
6 601
-
28 518
-
Employer

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

21 409
-
90 384
-
unemployment
106
-
443
-
health
920
-
3 806
-
pensions
1 177
-
4 868
-
total
2 203
-
9 117
-
Corporate
75 887
99 500
-
-
income
6 831
8 955
-
-
total
6 831
8 955
-
-
Dividends
69 056
90 545
-
-
withholding
6 215
8 149
-
-
total
6 215
8 149
-
-
Income
99 500
99 500
99 500
99 500
Total tax
21 850
17 104
37 635
18 923
After tax
77 650
82 396
61 865
80 577
Living cost
14 809
14 809
14 809
14 809
Free-cash
62 841
67 587
47 056
65 768

Estimated living cost  is ₽14809 per week

₽9448
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1067
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽441
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3852
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26473
₽41378
₽28306
₽36485
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
19 609
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
45 545
Employee
34 489
-
75 447
-
pensions
1 621
-
3 545
-
unemployment
535
-
1 170
-
other
34
-
76
-
income
6 649
-
18 535
-
total
8 839
-
23 326
-
Employer
34 489
-
75 447
-
unemployment
1 897
-
4 149
-
accident
683
-
1 494
-
pensions
8 139
-
17 805
-
other
276
-
604
-
total
10 995
-
24 052
-
Corporate
54 016
99 500
-
-
income

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

8 103
14 925
-
-
total
8 103
14 925
-
-
Dividends
45 913
84 575
-
-
withholding
9 429
17 548
-
-
total
9 429
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 366
32 473
47 378
45 545
After tax
62 134
67 027
52 122
53 955
Living cost
25 649
25 649
25 649
25 649
Free-cash
36 485
41 378
26 473
28 306

Estimated living cost  is ₽25649 per week

₽17313
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2466
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽450
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5422
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽61526
₽60189
₽61661
₽59877
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
33 551
pensions
-
-
-
1 385
health
-
-
-
1 004
total
-
-
-
35 940
Employee
2 893
-
97 941
-
health
145
-
346
-
pensions
260
-
623
-
unemployment
29
-
69
-
income
560
-
33 478
-
total
994
-
34 516
-
Employer
2 893
-
97 941
-
unemployment
58
-
139
-
health
275
-
658
-
pensions
318
-
762
-
total
651
-
1 559
-
Corporate
95 956
99 500
-
-
income
21 110
21 890
-
-
total
21 110
21 890
-
-
Dividends
74 846
77 610
-
-
withholding
14 969
15 522
-
-
total
14 969
15 522
-
-
Income
99 500
99 500
99 500
99 500
Total tax
37 724
37 412
36 075
35 940
After tax
61 776
62 088
63 425
63 560
Living cost
1 899
1 899
1 899
1 899
Free-cash
59 877
60 189
61 526
61 661

Estimated living cost  is ₽1899 per week

₽1129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽154
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽43
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽573
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽37257
₽55756
₽37258
₽51167
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
1 034
income
-
-
-
20 049
pensions
-
-
-
17 925
health
-
-
-
7 101
total
-
-
-
46 109
Employee

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

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

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

24 328
-
87 159
-
health
1 253
-
3 551
-
pensions
3 406
-
9 652
-
unemployment
182
-
517
-
income
3 353
-
20 049
-
total
8 194
-
33 769
-
Employer

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

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

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

24 328
-
87 159
-
unemployment
182
-
517
-
health
1 253
-
3 551
-
pensions
2 919
-
8 273
-
total
4 354
-
12 341
-
Corporate
70 817
99 500
-
-
income
10 623
14 925
-
-
total
10 623
14 925
-
-
Dividends
60 195
84 575
-
-
withholding
9 029
12 686
-
-
total
9 029
12 686
-
-
Income
99 500
99 500
99 500
99 500
Total tax
32 200
27 611
46 110
46 109
After tax
67 300
71 889
53 390
53 391
Living cost
16 133
16 133
16 133
16 133
Free-cash
51 167
55 756
37 257
37 258

Estimated living cost  is ₽16133 per week

₽10863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1248
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.
₽3556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24757
₽31450
₽30200
₽31112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

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

-
-
-
99 500
surtax
-
-
-
-
social contributions

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

-
-
-
34 576
income
-
-
-
9 578
total
-
-
-
44 154
Employee
36 201
-
80 403
-
social contributions
3 983
-
8 845
-
surtax
-
-
-
-
income
7 074
-
21 657
-
total
11 057
-
30 502
-
Employer
36 201
-
80 403
-
social contributions
8 597
-
19 095
-
total
8 597
-
19 095
-
Corporate
54 702
99 500
-
-
surtax
-
-
-
-
income
11 488
20 895
-
-
total
11 488
20 895
-
-
Dividends
43 214
78 605
-
-
withholding
12 100
22 009
-
-
total
12 100
22 009
-
-
Income
99 500
99 500
99 500
99 500
Total tax
43 242
42 904
49 597
44 154
After tax
56 258
56 596
49 903
55 346
Living cost
25 146
25 146
25 146
25 146
Free-cash
31 112
31 450
24 757
30 200

Estimated living cost  is ₽25146 per week

₽17810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽446
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5144
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽19342
₽34247
₽21175
₽27132
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
87
unemployment
-
-
-
605
income
-
-
-
19 609
pensions
-
-
-
24 465
accident
-
-
-
779
total
-
-
-
45 545
Employee
45 047
-
75 447
-
pensions
2 117
-
3 545
-
unemployment
697
-
1 170
-
other
44
-
76
-
income
9 409
-
18 535
-
total
12 267
-
23 326
-
Employer
45 047
-
75 447
-
unemployment
2 478
-
4 149
-
accident
892
-
1 494
-
pensions
10 631
-
17 805
-
other
361
-
604
-
total
14 362
-
24 052
-
Corporate
40 091
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.

6 015
14 925
-
-
total
6 015
14 925
-
-
Dividends
34 077
84 575
-
-
withholding
6 944
17 548
-
-
total
6 944
17 548
-
-
Income
99 500
99 500
99 500
99 500
Total tax
39 588
32 473
47 378
45 545
After tax
59 912
67 027
52 122
53 955
Living cost
32 780
32 780
32 780
32 780
Free-cash
27 132
34 247
19 342
21 175

Estimated living cost  is ₽32780 per week

₽23541
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2549
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽462
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6229
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽63022
₽69021
₽59821
₽63332
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
130
income
-
-
-
14 925
pensions

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

-
-
-
4 824
health
-
-
-
3 748
total
-
-
-
23 627
Employee
21 255
-
93 105
-
health
978
-
1 499
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
pensions

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

1 866
-
2 862
-
income
2 126
-
9 310
-
total
5 204
-
14 030
-
Employer
21 255
-
93 105
-
unemployment
128
-
196
-
accident

We are using the highest rate at 1.1%.

234
-
359
-
health
1 467
-
2 249
-
pensions

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

2 342
-
3 592
-
total
4 171
-
6 396
-
Corporate
74 075
99 500
-
-
income
7 407
9 950
-
-
total
7 407
9 950
-
-
Dividends
66 668
89 550
-
-
withholding
3 334
4 477
-
-
total
3 334
4 477
-
-
Income
99 500
99 500
99 500
99 500
Total tax
20 116
14 427
20 426
23 627
After tax
79 384
85 073
79 074
75 873
Living cost
16 052
16 052
16 052
16 052
Free-cash
63 332
69 021
63 022
59 821

Estimated living cost  is ₽16052 per week

₽10617
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽919
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽383
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4134
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34007
₽15304
₽25952
₽27508
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
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.

-
-
-
1 205
trade
-
-
-
8 055
income

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

-
-
-
21 906
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.

-
-
-
6 372
total
-
-
-
37 538
Employee

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

46 409
-
99 500
-
health

Our model is based on the assumption that an owner of the company is either a director or registered self-employed, so all social security contributions are not mandatory.

However, you would need to purchase private health insurance. We took an average price of €3600 per annum per person.

6 372
-
6 372
-
surtax

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

211
-
1 205
-
income

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

3 816
-
21 906
-
total
10 399
-
29 483
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
53 091
99 500
-
-
chamber of commerce
219
287
-
-
trade
7 618
14 279
-
-
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.

437
821
-
-
income
7 963
14 925
-
-
total
16 237
30 312
-
-
Dividends
36 853
69 188
-
-
withholding
8 859
16 943
-
-
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.

487
931
-
-
total
9 346
17 874
-
-
Income
99 500
99 500
99 500
99 500
Total tax
35 982
48 186
29 483
37 538
After tax
63 518
51 314
70 017
61 962
Living cost
36 010
36 010
36 010
36 010
Free-cash
27 508
15 304
34 007
25 952

Estimated living cost  is ₽36010 per week

₽24841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3875
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.
₽6772
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13004
₽16518
₽13004
₽18578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
24 382
social contributions
-
-
-
8 982
total
-
-
-
33 364
Employee
72 960
-
99 500
-
social contributions
6 061
-
8 982
-
income
13 767
-
24 382
-
total
19 828
-
33 364
-
Employer
72 960
-
99 500
-
total
-
-
-
-
Corporate
26 540
99 500
-
-
income
3 317
12 438
-
-
total
3 317
12 438
-
-
Dividends
23 223
87 062
-
-
withholding
4 645
17 412
-
-
total
4 645
17 412
-
-
Income
99 500
99 500
99 500
99 500
Total tax
27 790
29 850
33 364
33 364
After tax
71 710
69 650
66 136
66 136
Living cost
53 132
53 132
53 132
53 132
Free-cash
18 578
16 518
13 004
13 004

Estimated living cost  is ₽53132 per week

₽40422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7873
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽39314
₽25889
₽33410
₽29149
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader

We use The Residence Programme or The Global Residence Programme.

-
-
-
99 500
income
-
-
-
26 550
health

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

-
-
-
5 682
total
-
-
-
32 232
Employee
42 788
-
95 209
-
social contributions
4 287
-
4 291
-
income
4 643
-
17 746
-
total
8 930
-
22 037
-
Employer
42 788
-
95 209
-
social contributions
4 287
-
4 291
-
total
4 287
-
4 291
-
Corporate
52 425
99 500
-
-
income
18 348
34 825
-
-
total
18 348
34 825
-
-
Dividends
34 077
64 675
-
-
social contributions
4 928
4 928
-
-
total
4 928
4 928
-
-
Income
99 500
99 500
99 500
99 500
Total tax
36 493
39 753
26 328
32 232
After tax
63 007
59 747
73 172
67 268
Living cost
33 858
33 858
33 858
33 858
Free-cash
29 149
25 889
39 314
33 410

Estimated living cost  is ₽33858 per week

₽22302
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2669
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽519
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27236
₽37359
₽36049
₽34372
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
99 500
income
-
-
-
21 437
pensions
-
-
-
7 132
total
-
-
-
28 569
Employee
47 881
-
87 529
-
health
625
-
1 437
-
pensions
3 654
-
8 413
-
income
8 719
-
15 561
-
total
12 998
-
25 411
-
Employer
47 881
-
87 529
-
health
910
-
1 663
-
pensions
4 837
-
10 308
-
total
5 747
-
11 971
-
Corporate
45 872
99 500
-
-
income

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

8 715
18 905
-
-
total
8 715
18 905
-
-
Dividends
37 157
80 595
-
-
withholding
2 786
8 354
-
-
total
2 786
8 354
-
-
Income
99 500
99 500
99 500
99 500
Total tax
30 246
27 259
37 382
28 569
After tax
69 254
72 241
62 118
70 931
Living cost
34 882
34 882
34 882
34 882
Free-cash
34 372
37 359
27 236
36 049

Estimated living cost  is ₽34882 per week

₽23929
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3208
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7307
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽29128
-₽14494
₽45707
₽4601
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
351
income
-
-
-
24 645
pensions
-
-
-
3 939
accident
-
-
-
239
health
-
-
-
2 065
total
-
-
-
31 239
Employee
35 478
-
85 545
-
health
4 062
-
9 795
-
pensions
3 995
-
7 223
-
income
4 867
-
16 844
-
total
12 924
-
33 862
-
Employer
35 478
-
85 545
-
unemployment
869
-
2 096
-
accident
592
-
1 429
-
pensions
5 768
-
10 431
-
total
7 229
-
13 956
-
Corporate
56 792
99 500
-
-
income

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

51 113
89 550
-
-
total
51 113
89 550
-
-
Dividends
5 679
9 950
-
-
withholding
1 079
1 890
-
-
total
1 079
1 890
-
-
Income
99 500
99 500
99 500
99 500
Total tax
72 345
91 440
47 818
31 239
After tax
27 155
8 060
51 682
68 261
Living cost
22 554
22 554
22 554
22 554
Free-cash
4 601
-14 494
29 128
45 707

Estimated living cost  is ₽22554 per week

₽16552
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1314
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽454
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4233
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽50946
₽71122
₽44107
₽67429
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
unemployment
-
-
-
1 194
health insurance
-
-
-
7 363
income
-
-
-
15 423
pensions
-
-
-
18 308
work injury
-
-
-
498
total
-
-
-
42 786
Employee

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

20 172
-
99 500
-
pensions
3 712
-
13 732
-
unemployment
242
-
896
-
work injury
101
-
373
-
health insurance
1 493
-
5 523
-
income
2 017
-
15 423
-
total
7 565
-
35 947
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
79 328
99 500
-
-
income

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

-
995
-
-
total
-
995
-
-
Dividends
79 328
98 505
-
-
withholding
11 899
14 776
-
-
total
11 899
14 776
-
-
Income
99 500
99 500
99 500
99 500
Total tax
19 464
15 771
35 947
42 786
After tax
80 036
83 729
63 553
56 714
Living cost
12 607
12 607
12 607
12 607
Free-cash
67 429
71 122
50 946
44 107

Estimated living cost  is ₽12607 per week

₽7810
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽916
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽393
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3487
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7920
₽15252
₽12469
₽11009
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
666
social contributions
-
-
-
25 591
national
-
-
-
21 571
regional
-
-
-
2 045
total
-
-
-
49 873
Employee
78 598
-
99 500
-
social contributions
26 503
-
33 551
-
national
13 282
-
18 546
-
regional
1 187
-
1 732
-
municipal
469
-
593
-
total
41 441
-
54 422
-
Employer
78 598
-
99 500
-
total
-
-
-
-
Corporate
20 902
99 500
-
-
municipal
1 007
4 795
-
-
nationa
5 016
23 880
-
-
total
6 023
28 675
-
-
Dividends
14 879
70 825
-
-
withholding
3 869
18 415
-
-
total
3 869
18 415
-
-
Income
99 500
99 500
99 500
99 500
Total tax
51 333
47 090
54 422
49 873
After tax
48 167
52 410
45 078
49 627
Living cost
37 158
37 158
37 158
37 158
Free-cash
11 009
15 252
7 920
12 469

Estimated living cost  is ₽37158 per week

₽26101
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2556
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7939
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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