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
₽ 60000
per

Your estimated
City
free-cash

Dresden , Germany
-₽320
₽10920
₽13032
₽15041
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
trade
-
-
-
2 009
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.

-
-
-
6 864
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.

-
-
-
6 941
surtax

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

-
-
-
378
total
-
-
-
16 192
Employee

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

38 862
-
60 000
-
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.

6 941
-
6 941
-
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.

60
-
378
-
income

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

1 086
-
6 864
-
total
8 087
-
14 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 138
60 000
-
-
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.

174
496
-
-
income
3 170
9 001
-
-
trade
3 330
9 450
-
-
chamber of commerce
185
241
-
-
total
6 859
19 188
-
-
Dividends
14 279
40 813
-
-
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.

175
540
-
-
withholding
3 183
9 816
-
-
total
3 358
10 356
-
-
Income
60 000
60 000
60 000
60 000
Total tax
18 304
29 544
14 183
16 192
After tax
41 696
30 456
45 817
43 808
Living cost
30 776
30 776
30 776
30 776
Free-cash
10 920
-320
15 041
13 032

Estimated living cost  is ₽30776 per week

₽19359
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3588
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7254
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13827
-₽26685
-₽13737
-₽13267
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
5 736
pensions
-
-
-
7 200
national
-
-
-
8 889
social contributions
-
-
-
645
total
-
-
-
22 470
Employee
79 474
-
51 869
-
municipal
9 816
-
5 968
-
pensions
3 179
-
2 075
-
national
15 211
-
9 249
-
total
28 206
-
17 292
-
Employer
79 474
-
51 869
-
social contributions
854
-
558
-
pensions
6 358
-
4 150
-
total
7 212
-
4 708
-
Corporate
-
60 000
-
-
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%.

-
12 000
-
-
total
-
12 000
-
-
Dividends
-
48 000
-
-
withholding
-
10 560
-
-
total
-
10 560
-
-
Income
60 000
60 000
60 000
60 000
Total tax
35 418
22 560
22 000
22 470
After tax
24 582
37 440
38 000
37 530
Living cost
51 267
51 267
51 267
51 267
Free-cash
-26 685
-13 827
-13 267
-13 737

Estimated living cost  is ₽51267 per week

₽34846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26861
₽18528
₽26662
₽13156
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
microenterprise
-
-
-
9 001
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
12 200
Employee
29 690
-
48 352
-
social contributions

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

3 266
-
5 318
-
surtax
-
-
-
-
income
5 285
-
8 740
-
total
8 551
-
14 058
-
Employer
29 690
-
48 352
-
social contributions

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

7 152
-
11 648
-
surtax
-
-
-
-
total
7 152
-
11 648
-
Corporate
23 159
60 000
-
-
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%.

4 631
12 001
-
-
total
4 631
12 001
-
-
Dividends

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

18 527
47 999
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 334
12 001
25 706
12 200
After tax
39 666
47 999
34 294
47 800
Living cost
21 138
21 138
21 138
21 138
Free-cash
18 528
26 861
13 156
26 662

Estimated living cost  is ₽21138 per week

₽13486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5160
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽35193
-₽40896
-₽8276
-₽40896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
5 701
pensions
-
-
-
10 800
health
-
-
-
9 211
total
-
-
-
25 712
Employee
86 768
86 768
86 768
-
health
13 318
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
15 618
11 905
15 618
-
total
43 138
37 435
43 138
-
Employer
86 768
86 768
86 768
-
unemployment
3 124
3 124
3 124
-
pensions
6 039
6 039
6 039
-
health
6 031
6 031
6 031
-
total
15 194
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
58 332
52 629
58 332
25 712
After tax
1 668
7 371
1 668
34 288
Living cost
42 564
42 564
42 564
42 564
Free-cash
-40 896
-35 193
-40 896
-8 276

Estimated living cost  is ₽42564 per week

₽30164
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3837
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7886
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6382
-₽13298
-₽9233
-₽7100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
12 709
accident
-
-
-
120
pensions
-
-
-
6 486
other
-
-
-
6 972
unemployment
-
-
-
60
health
-
-
-
3 744
national
-
-
-
-
total
-
-
-
30 091
Employee
55 773
-
45 655
-
municipal
16 632
-
13 614
-
national
-
-
-
-
total
16 632
-
13 614
-
Employer
55 773
-
45 655
-
accident
112
-
91
-
other
6 481
-
5 305
-
unemployment
1 472
-
1 205
-
pensions
6 029
-
4 935
-
health
3 430
-
2 808
-
total
17 524
-
14 344
-
Corporate
-
60 000
-
-
income
-
13 200
-
-
total
-
13 200
-
-
Dividends
-
46 800
-
-
withholding
-
14 040
-
-
total
-
14 040
-
-
Income
60 000
60 000
60 000
60 000
Total tax
34 156
27 240
27 958
30 091
After tax
25 844
32 760
32 042
29 909
Living cost
39 142
39 142
39 142
39 142
Free-cash
-13 298
-6 382
-7 100
-9 233

Estimated living cost  is ₽39142 per week

₽25941
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3841
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8765
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9767
₽4511
₽3802
₽5902
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
trade
-
-
-
2 100
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.

-
-
-
6 864
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.

-
-
-
6 941
surtax

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

-
-
-
378
total
-
-
-
16 283
Employee

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

51 527
-
60 000
-
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.

6 941
-
6 941
-
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.

243
-
378
-
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.

4 427
-
6 864
-
total
11 611
-
14 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
8 473
60 000
-
-
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.

69
496
-
-
income
1 271
9 001
-
-
trade
1 394
9 870
-
-
chamber of commerce
166
239
-
-
total
2 900
19 606
-
-
Dividends
5 573
40 394
-
-
surtax

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

56
534
-
-
withholding
1 007
9 712
-
-
total
1 063
10 246
-
-
Income
60 000
60 000
60 000
60 000
Total tax
15 574
29 852
14 183
16 283
After tax
44 426
30 148
45 817
43 717
Living cost
39 915
39 915
39 915
39 915
Free-cash
4 511
-9 767
5 902
3 802

Estimated living cost  is ₽39915 per week

₽26696
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4209
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8415
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4068
₽6989
₽13854
₽8124
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
2 302
health
-
-
-
1 529
social contributions
-
-
-
9 359
total
-
-
-
13 190
Employee
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 522
-
health
777
1 329
926
-
income
8 204
7 233
7 942
-
total
12 778
15 046
13 390
-
Employer
78 130
78 130
78 130
-
social contributions
3 797
6 484
4 522
-
health
846
1 446
1 008
-
total
4 643
7 930
5 530
-
Corporate
9 623
-
-
-
income
1 203
-
-
-
total
1 203
-
-
-
Dividends
8 420
-
-
-
withholding
1 431
-
-
-
total
1 431
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 055
22 976
18 920
13 190
After tax
39 945
37 024
41 080
46 810
Living cost
32 956
32 956
32 956
32 956
Free-cash
6 989
4 068
8 124
13 854

Estimated living cost  is ₽32956 per week

₽22529
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2574
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7300
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15551
₽15937
₽23163
₽16380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
7 335
pensions
-
-
-
6 000
unemployment
-
-
-
900
health
-
-
-
4 200
total
-
-
-
18 435
Employee

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
50 209
-
health
1 859
740
3 515
-
income
3 247
1 292
6 138
-
pensions
2 656
1 057
5 021
-
unemployment
398
159
753
-
total
8 160
3 248
15 427
-
Employer

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

The minimum wage is 138,000 HUF per month.

26 564
10 572
50 209
-
pensions
5 180
2 062
9 791
-
total
5 180
2 062
9 791
-
Corporate
28 256
47 366
-
-
income
2 543
4 263
-
-
total
2 543
4 263
-
-
Dividends
25 713
43 103
-
-
social contributions
4 893
8 284
-
-
withholding
4 885
8 190
-
-
total
9 778
16 474
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 661
26 047
25 218
18 435
After tax
34 339
33 953
34 782
41 565
Living cost
18 402
18 402
18 402
18 402
Free-cash
15 937
15 551
16 380
23 163

Estimated living cost  is ₽18402 per week

₽12558
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3971
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23457
₽17147
₽8551
₽10638
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
7 107
pensions
-
-
-
12 001
health
-
-
-
7 799
total
-
-
-
26 907
Employee
28 824
-
44 845
-
income
3 245
-
8 050
-
pensions
577
-
897
-
unemployment
461
-
717
-
total
4 283
-
9 664
-
Employer
28 824
-
44 845
-
unemployment
231
-
359
-
pensions
5 765
-
8 968
-
health
3 746
-
5 829
-
total
9 742
-
15 156
-
Corporate
21 433
60 000
-
-
income
4 286
12 001
-
-
total
4 286
12 001
-
-
Dividends
17 146
47 999
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
18 311
12 001
24 820
26 907
After tax
41 689
47 999
35 180
33 093
Living cost
24 542
24 542
24 542
24 542
Free-cash
17 147
23 457
10 638
8 551

Estimated living cost  is ₽24542 per week

₽16833
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5754
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17330
₽1455
₽19249
₽9424
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
255
income
-
-
-
11 535
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
18 561
Employee
34 905
-
49 842
-
health
3 997
-
5 707
-
income
4 789
-
6 910
-
pensions
3 930
-
5 612
-
total
12 716
-
18 229
-
Employer
34 905
-
49 842
-
accident
583
-
832
-
unemployment
855
-
1 221
-
pensions
5 676
-
8 104
-
total
7 114
-
10 157
-
Corporate
17 981
60 000
-
-
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.

16 183
54 000
-
-
total
16 183
54 000
-
-
Dividends
1 798
6 000
-
-
withholding
342
1 140
-
-
total
342
1 140
-
-
Income
60 000
60 000
60 000
60 000
Total tax
36 355
55 140
28 386
18 561
After tax
23 645
4 860
31 614
41 439
Living cost
22 190
22 190
22 190
22 190
Free-cash
1 455
-17 330
9 424
19 249

Estimated living cost  is ₽22190 per week

₽16263
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1229
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽47738
₽46002
₽50138
₽38738
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
11 577
-
60 000
-
income
2 315
-
12 000
-
total
2 315
-
12 000
-
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%.

48 423
60 000
-
-
total
-
-
-
-
Dividends
48 423
60 000
-
-
withholding
2 421
3 000
-
-
total
2 421
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
4 736
3 000
12 000
600
After tax
55 264
57 000
48 000
59 400
Living cost
9 262
9 262
9 262
9 262
Free-cash
46 002
47 738
38 738
50 138

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17007
₽10147
₽5416
₽8094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
7 620
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.

-
-
-
14 400
other
-
-
-
2 850
health
-
-
-
2 640
total
-
-
-
27 510
Employee
36 892
-
47 920
-
health
517
-
671
-
income
6 351
-
8 249
-
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.

2 582
-
3 355
-
unemployment
368
-
480
-
total
9 818
-
12 755
-
Employer
36 892
-
47 920
-
accident
295
-
384
-
other
1 845
-
2 395
-
unemployment
368
-
480
-
pensions

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

6 272
-
8 147
-
health
517
-
671
-
total
9 297
-
12 077
-
Corporate
13 810
60 000
-
-
income
2 900
12 601
-
-
total
2 900
12 601
-
-
Dividends
10 910
47 399
-
-
withholding
764
3 318
-
-
total
764
3 318
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 779
15 919
24 832
27 510
After tax
37 221
44 081
35 168
32 490
Living cost
27 074
27 074
27 074
27 074
Free-cash
10 147
17 007
8 094
5 416

Estimated living cost  is ₽27074 per week

₽19129
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
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.
₽5680
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽23442
-₽50036
-₽23350
-₽29459
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
11 261
pensions
-
-
-
3 692
total
-
-
-
14 953
Employee
96 771
-
53 525
-
health
1 595
-
707
-
income
17 444
-
9 734
-
pensions
9 336
-
4 146
-
total
28 375
-
14 587
-
Employer
96 771
-
53 525
-
pensions
11 426
-
5 457
-
health
1 838
-
1 018
-
total
13 264
-
6 475
-
Corporate
-
60 000
-
-
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.

-
11 401
-
-
total
-
11 401
-
-
Dividends
-
48 599
-
-
withholding
-
3 644
-
-
total
-
3 644
-
-
Income
60 000
60 000
60 000
60 000
Total tax
41 639
15 045
21 062
14 953
After tax
18 361
44 955
38 938
45 047
Living cost
68 397
68 397
68 397
68 397
Free-cash
-50 036
-23 442
-29 459
-23 350

Estimated living cost  is ₽68397 per week

₽51251
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8036
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.
₽8554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽37978
₽33260
₽28201
₽29272
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
9 000
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 477
Employee
17 640
-
53 037
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
5 304
-
pensions

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

1 549
-
3 116
-
total
4 318
-
10 443
-
Employer
17 640
-
53 037
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
38 898
60 000
-
-
income
3 889
6 000
-
-
total
3 889
6 000
-
-
Dividends
35 009
54 000
-
-
withholding
1 750
2 700
-
-
total
1 750
2 700
-
-
Income
60 000
60 000
60 000
60 000
Total tax
13 418
8 700
17 406
18 477
After tax
46 582
51 300
42 594
41 523
Living cost
13 322
13 322
13 322
13 322
Free-cash
33 260
37 978
29 272
28 201

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽48971
-₽50695
-₽22054
-₽54674
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
5 701
pensions
-
-
-
10 800
health
-
-
-
9 211
total
-
-
-
25 712
Employee
94 202
86 768
86 768
-
health
11 752
11 328
13 318
-
income

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

14 202
14 202
14 202
-
pensions
11 905
11 905
15 618
-
total
37 859
37 435
43 138
-
Employer
94 202
86 768
86 768
-
unemployment
3 392
3 124
3 124
-
pensions
6 556
6 039
6 039
-
health
6 546
6 031
6 031
-
total
16 494
15 194
15 194
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
54 353
52 629
58 332
25 712
After tax
5 647
7 371
1 668
34 288
Living cost
56 342
56 342
56 342
56 342
Free-cash
-50 695
-48 971
-54 674
-22 054

Estimated living cost  is ₽56342 per week

₽41562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9103
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17036
₽8376
₽4949
₽6174
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
5 157
health
-
-
-
8 100
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 520
total
-
-
-
30 777
Employee
35 696
-
44 776
-
social contributions
2 320
-
2 910
-
health
4 819
-
6 045
-
solidarity contribution
-
-
-
-
income
4 284
-
5 373
-
total
11 423
-
14 328
-
Employer
35 696
-
44 776
-
social contributions
8 924
-
11 194
-
health
3 213
-
4 030
-
total
12 137
-
15 224
-
Corporate
12 167
60 000
-
-
income
2 312
11 400
-
-
total
2 312
11 400
-
-
Dividends
9 855
48 600
-
-
withholding
1 478
7 290
-
-
total
1 478
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 350
18 690
29 552
30 777
After tax
32 650
41 310
30 448
29 223
Living cost
24 274
24 274
24 274
24 274
Free-cash
8 376
17 036
6 174
4 949

Estimated living cost  is ₽24274 per week

₽16861
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5209
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10862
-₽30301
-₽10142
-₽13532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
357
regional
-
-
-
603
national
-
-
-
10 877
social contributions
-
-
-
15 431
total
-
-
-
27 268
Employee
90 301
-
60 000
-
social contributions
30 450
-
20 232
-
regional
852
-
527
-
municipal
478
-
318
-
national
15 647
-
9 581
-
total
47 427
-
30 658
-
Employer
90 301
-
60 000
-
total
-
-
-
-
Corporate
-
60 000
-
-
nationa
-
14 400
-
-
municipal
-
2 341
-
-
total
-
16 741
-
-
Dividends
-
43 260
-
-
withholding
-
11 247
-
-
total
-
11 247
-
-
Income
60 000
60 000
60 000
60 000
Total tax
47 427
27 988
30 658
27 268
After tax
12 573
32 012
29 342
32 732
Living cost
42 874
42 874
42 874
42 874
Free-cash
-30 301
-10 862
-13 532
-10 142

Estimated living cost  is ₽42874 per week

₽29887
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9517
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15318
₽12156
₽11355
₽10059
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
9 147
pensions
-
-
-
12 001
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 259
surtax
-
-
-
586
total
-
-
-
26 224
Employee
33 601
-
49 567
-
other
-
-
-
-
health
858
-
1 265
-
surtax
110
-
488
-
income
5 632
-
8 578
-
pensions
2 241
-
3 307
-
unemployment
2 339
-
3 449
-
total
11 180
-
17 087
-
Employer
33 601
-
49 567
-
other
-
-
-
-
unemployment
1 064
-
1 571
-
pensions
4 479
-
6 608
-
health
1 529
-
2 254
-
total
7 072
-
10 433
-
Corporate
19 327
60 000
-
-
income
5 025
15 601
-
-
total
5 025
15 601
-
-
Dividends
14 302
44 399
-
-
withholding
2 146
6 660
-
-
total
2 146
6 660
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 423
22 261
27 520
26 224
After tax
34 577
37 739
32 480
33 776
Living cost
22 421
22 421
22 421
22 421
Free-cash
12 156
15 318
10 059
11 355

Estimated living cost  is ₽22421 per week

₽13709
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6126
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1772
-₽13105
-₽1680
-₽7789
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
11 261
pensions
-
-
-
3 692
total
-
-
-
14 953
Employee
64 853
-
53 525
-
health
941
-
707
-
income
11 680
-
9 734
-
pensions
5 505
-
4 146
-
total
18 126
-
14 587
-
Employer
64 853
-
53 525
-
pensions
7 020
-
5 457
-
health
1 232
-
1 018
-
total
8 252
-
6 475
-
Corporate
-
60 000
-
-
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.

-
11 401
-
-
total
-
11 401
-
-
Dividends
-
48 599
-
-
withholding
-
3 644
-
-
total
-
3 644
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 378
15 045
21 062
14 953
After tax
33 622
44 955
38 938
45 047
Living cost
46 727
46 727
46 727
46 727
Free-cash
-13 105
-1 772
-7 789
-1 680

Estimated living cost  is ₽46727 per week

₽35007
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3502
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.
₽7728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽50190
-₽39496
-₽26779
-₽29833
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
city
-
-
-
632
pensions
-
-
-
5 519
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.

-
-
-
1 200
regional
-
-
-
1 364
health
-
-
-
253
national
-
-
-
185
total
-
-
-
9 153
Employee
90 843
-
53 702
-
city
975
-
576
-
regional
2 975
-
1 136
-
health
205
-
122
-
pensions
7 632
-
4 512
-
unemployment
-
-
-
-
national
430
-
152
-
total
12 217
-
6 498
-
Employer
90 843
-
53 702
-
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.

1 816
-
1 075
-
unemployment
-
-
-
-
pensions
7 632
-
4 512
-
health
205
-
122
-
total
9 653
-
5 709
-
Corporate
-
60 000
-
-
regional
-
12 690
-
-
national
-
5 100
-
-
total
-
17 790
-
-
Dividends
-
42 210
-
-
withholding
-
14 774
-
-
total
-
14 774
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 870
32 564
12 207
9 153
After tax
38 130
27 436
47 793
50 847
Living cost
77 626
77 626
77 626
77 626
Free-cash
-39 496
-50 190
-29 833
-26 779

Estimated living cost  is ₽77626 per week

₽50479
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6966
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19228
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16709
-₽1063
-₽2917
-₽729
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
trade
-
-
-
2 188
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.

-
-
-
6 864
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.

-
-
-
6 941
surtax

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

-
-
-
378
total
-
-
-
16 371
Employee

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

61 064
-
60 000
-
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.

6 941
-
6 941
-
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.

395
-
378
-
income

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

7 181
-
6 864
-
total
14 517
-
14 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
60 000
-
-
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.

-
496
-
-
income
-
9 001
-
-
trade
-
10 291
-
-
chamber of commerce
-
239
-
-
total
-
20 027
-
-
Dividends
-
39 974
-
-
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.

-
528
-
-
withholding
-
9 608
-
-
total
-
10 136
-
-
Income
60 000
60 000
60 000
60 000
Total tax
14 517
30 163
14 183
16 371
After tax
45 483
29 837
45 817
43 629
Living cost
46 546
46 546
46 546
46 546
Free-cash
-1 063
-16 709
-729
-2 917

Estimated living cost  is ₽46546 per week

₽33996
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3723
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽605
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4522
₽1481
₽1156
₽1650
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
2 767
pensions
-
-
-
17 224
other
-
-
-
1 861
health
-
-
-
519
surtax
-
-
-
-
social contributions
-
-
-
1 710
total
-
-
-
24 081
Employee
43 486
-
45 722
-
social contributions
1 240
-
1 302
-
surtax
-
-
-
-
income
2 566
-
2 836
-
pensions
4 917
-
5 171
-
total
8 723
-
9 309
-
Employer
43 486
-
45 722
-
other
1 500
-
1 577
-
social contributions
131
-
137
-
unemployment
1 760
-
1 851
-
pensions
7 144
-
7 512
-
health
3 045
-
3 201
-
total
13 580
-
14 278
-
Corporate
2 934
60 000
-
-
surtax
-
-
-
-
income
821
16 800
-
-
total
821
16 800
-
-
Dividends
2 113
43 200
-
-
surtax
-
-
-
-
social contributions
362
7 429
-
-
withholding
270
5 530
-
-
total
632
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
23 756
29 759
23 587
24 081
After tax
36 244
30 241
36 413
35 919
Living cost
34 763
34 763
34 763
34 763
Free-cash
1 481
-4 522
1 650
1 156

Estimated living cost  is ₽34763 per week

₽21919
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9427
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1078
₽4567
₽4600
₽5094
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
2 767
pensions
-
-
-
17 224
other
-
-
-
1 861
health
-
-
-
519
surtax
-
-
-
-
social contributions
-
-
-
1 710
total
-
-
-
24 081
Employee
38 817
-
45 722
-
social contributions
1 107
-
1 302
-
surtax
-
-
-
-
income
2 001
-
2 836
-
pensions
4 390
-
5 171
-
total
7 498
-
9 309
-
Employer
38 817
-
45 722
-
other
1 340
-
1 577
-
social contributions
116
-
137
-
unemployment
1 571
-
1 851
-
pensions
6 378
-
7 512
-
health
2 717
-
3 201
-
total
12 122
-
14 278
-
Corporate
9 060
60 000
-
-
surtax
-
-
-
-
income
2 537
16 800
-
-
total
2 537
16 800
-
-
Dividends
6 523
43 200
-
-
surtax
-
-
-
-
social contributions
1 122
7 429
-
-
withholding
835
5 530
-
-
total
1 957
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 114
29 759
23 587
24 081
After tax
35 886
30 241
36 413
35 919
Living cost
31 319
31 319
31 319
31 319
Free-cash
4 567
-1 078
5 094
4 600

Estimated living cost  is ₽31319 per week

₽18163
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9381
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15062
₽15588
₽16986
₽14364
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
9 001
health
-
-
-
4 188
social contributions
-
-
-
8 280
total
-
-
-
21 469
Employee
34 451
-
60 000
-
social contributions
4 755
-
8 280
-
health
2 404
-
4 188
-
income
5 746
-
11 623
-
total
12 905
-
24 091
-
Employer
34 451
-
60 000
-
total
-
-
-
-
Corporate
25 549
60 000
-
-
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%.

1 278
3 000
-
-
total
1 278
3 000
-
-
Dividends
24 271
57 000
-
-
health
1 695
3 978
-
-
social contributions
3 349
7 865
-
-
withholding
3 640
8 550
-
-
total
8 684
20 393
-
-
Income
60 000
60 000
60 000
60 000
Total tax
22 867
23 393
24 091
21 469
After tax
37 133
36 607
35 909
38 531
Living cost
21 545
21 545
21 545
21 545
Free-cash
15 588
15 062
14 364
16 986

Estimated living cost  is ₽21545 per week

₽14419
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽1470
-₽6554
-₽2717
-₽12953
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
chamber of commerce
-
-
-
239
income
-
-
-
4 554
pensions
-
-
-
11 100
unemployment
-
-
-
6 232
health
-
-
-
4 589
surtax
-
-
-
201
total
-
-
-
26 915
Employee
50 778
40 492
46 433
-
other
507
405
465
-
health
1 965
1 568
1 797
-
income
5 781
2 987
4 535
-
pensions
5 200
4 146
4 755
-
unemployment
1 523
1 215
1 392
-
total
14 976
10 321
12 944
-
Employer
50 778
40 492
46 433
-
accident
659
526
604
-
other
2 412
1 922
2 206
-
chamber of commerce
202
162
185
-
unemployment
1 523
1 215
1 392
-
surtax
201
201
201
-
pensions
6 373
5 083
5 827
-
payroll
1 523
1 215
1 392
-
health
1 919
1 531
1 755
-
total
14 812
11 855
13 562
-
Corporate
3 856
7 654
42 583
-
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.

964
1 913
10 645
-
total
964
1 913
10 645
-
Dividends
-
5 741
-
-
withholding
-
1 579
-
-
total
-
1 579
-
-
Income
60 000
60 000
60 000
60 000
Total tax
30 752
25 668
37 151
26 915
After tax
29 248
34 332
22 849
33 085
Living cost
35 802
35 802
35 802
35 802
Free-cash
-6 554
-1 470
-12 953
-2 717

Estimated living cost  is ₽35802 per week

₽23878
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3054
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8281
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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
-₽3245
-₽33837
-₽5045
-₽11403
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
national
-
-
-
17 711
communal

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

-
-
-
3 174
social contributions
-
-
-
7 113
total
-
-
-
27 998
Employee

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

72 680
-
46 472
-
communal

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

3 791
-
2 424
-
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.

3 415
-
2 185
-
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.

5 451
-
3 486
-
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.

632
-
405
-
national
22 345
-
12 326
-
total
35 634
-
20 826
-
Employer

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

72 680
-
46 472
-
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.

945
-
604
-
unemployment

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

1 060
-
679
-
surtax
8 241
-
5 272
-
pensions

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

6 440
-
4 117
-
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.

4 470
-
2 858
-
total
21 156
-
13 530
-
Corporate
-
60 000
-
-
surtax
-
239
-
-
income
-
12 001
-
-
total
-
12 240
-
-
Dividends
-
47 760
-
-
withholding

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

-
13 958
-
-
total
-
13 958
-
-
Income
60 000
60 000
60 000
60 000
Total tax
56 790
26 198
34 356
27 998
After tax
3 210
33 802
25 644
32 002
Living cost
37 047
37 047
37 047
37 047
Free-cash
-33 837
-3 245
-11 403
-5 045

Estimated living cost  is ₽37047 per week

₽23863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9365
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3827
-₽6698
-₽3756
-₽3332
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
540
income
-
-
-
9 063
pensions
-
-
-
16 979
other
-
-
-
60
unemployment
-
-
-
420
total
-
-
-
27 062
Employee
50 577
-
45 494
-
other
50
-
46
-
income
10 671
-
9 245
-
pensions
2 377
-
2 138
-
unemployment
785
-
706
-
total
13 883
-
12 135
-
Employer
50 577
-
45 494
-
accident
1 001
-
900
-
other
403
-
364
-
unemployment
2 782
-
2 503
-
pensions
11 935
-
10 736
-
total
16 121
-
14 503
-
Corporate
-
60 000
-
-
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.

-
9 001
-
-
total
-
9 001
-
-
Dividends
-
50 999
-
-
withholding
-
10 478
-
-
total
-
10 478
-
-
Income
60 000
60 000
60 000
60 000
Total tax
30 004
19 479
26 638
27 062
After tax
29 996
40 521
33 362
32 938
Living cost
36 694
36 694
36 694
36 694
Free-cash
-6 698
3 827
-3 332
-3 756

Estimated living cost  is ₽36694 per week

₽27021
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2603
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6540
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17582
-₽26138
-₽15659
-₽14452
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
540
income
-
-
-
2 624
pensions
-
-
-
9 600
health
-
-
-
4 502
surtax
-
-
-
3 176
communal
-
-
-
-
total
-
-
-
20 442
Employee
76 946
-
53 597
-
health
3 424
-
2 383
-
surtax
4 716
-
3 286
-
income
7 432
-
2 875
-
pensions
6 155
-
4 288
-
total
21 727
-
12 832
-
Employer
76 946
-
53 597
-
accident
692
-
482
-
pensions
6 155
-
4 288
-
health
2 347
-
1 633
-
total
9 194
-
6 403
-
Corporate
-
60 000
-
-
surtax
-
631
-
-
communal
-
4 049
-
-
income
-
9 001
-
-
total
-
13 681
-
-
Dividends
-
46 320
-
-
income
-
1 737
-
-
withholding
-
6 947
-
-
total
-
8 684
-
-
Income
60 000
60 000
60 000
60 000
Total tax
30 921
22 365
19 235
20 442
After tax
29 079
37 635
40 765
39 558
Living cost
55 217
55 217
55 217
55 217
Free-cash
-26 138
-17 582
-14 452
-15 659

Estimated living cost  is ₽55217 per week

₽41421
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3345
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9865
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14917
₽11687
₽10954
₽9658
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
9 147
pensions
-
-
-
12 001
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 259
surtax
-
-
-
586
total
-
-
-
26 224
Employee
34 217
-
49 567
-
other
-
-
-
-
health
873
-
1 265
-
surtax
121
-
488
-
income
5 736
-
8 578
-
pensions
2 283
-
3 307
-
unemployment
2 381
-
3 449
-
total
11 394
-
17 087
-
Employer
34 217
-
49 567
-
other
-
-
-
-
unemployment
1 086
-
1 571
-
pensions
4 562
-
6 608
-
health
1 556
-
2 254
-
total
7 204
-
10 433
-
Corporate
18 579
60 000
-
-
income
4 830
15 601
-
-
total
4 830
15 601
-
-
Dividends
13 749
44 399
-
-
withholding
2 063
6 660
-
-
total
2 063
6 660
-
-
Income
60 000
60 000
60 000
60 000
Total tax
25 491
22 261
27 520
26 224
After tax
34 509
37 739
32 480
33 776
Living cost
22 822
22 822
22 822
22 822
Free-cash
11 687
14 917
9 658
10 954

Estimated living cost  is ₽22822 per week

₽13779
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6531
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽4165
₽1911
₽5059
₽1691
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
357
regional
-
-
-
905
national
-
-
-
10 877
social contributions
-
-
-
15 431
total
-
-
-
27 570
Employee
56 363
-
60 000
-
social contributions
19 006
-
20 232
-
regional
759
-
807
-
municipal
299
-
318
-
national
8 929
-
9 581
-
total
28 993
-
30 938
-
Employer
56 363
-
60 000
-
total
-
-
-
-
Corporate
3 637
60 000
-
-
nationa
873
14 400
-
-
municipal
181
2 983
-
-
total
1 054
17 383
-
-
Dividends
2 583
42 618
-
-
withholding
671
11 081
-
-
total
671
11 081
-
-
Income
60 000
60 000
60 000
60 000
Total tax
30 718
28 464
30 938
27 570
After tax
29 282
31 536
29 062
32 430
Living cost
27 371
27 371
27 371
27 371
Free-cash
1 911
4 165
1 691
5 059

Estimated living cost  is ₽27371 per week

₽17022
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7107
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11399
₽729
-₽688
₽537
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
5 157
health
-
-
-
8 100
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 520
total
-
-
-
30 777
Employee
43 987
-
44 776
-
social contributions
2 859
-
2 910
-
health
5 938
-
6 045
-
solidarity contribution
-
-
-
-
income
5 278
-
5 373
-
total
14 075
-
14 328
-
Employer
43 987
-
44 776
-
social contributions
10 997
-
11 194
-
health
3 959
-
4 030
-
total
14 956
-
15 224
-
Corporate
1 057
60 000
-
-
income
201
11 400
-
-
total
201
11 400
-
-
Dividends
856
48 600
-
-
withholding
128
7 290
-
-
total
128
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
29 360
18 690
29 552
30 777
After tax
30 640
41 310
30 448
29 223
Living cost
29 911
29 911
29 911
29 911
Free-cash
729
11 399
537
-688

Estimated living cost  is ₽29911 per week

₽22244
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1657
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5493
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2026
₽1336
₽870
-₽9527
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
chamber of commerce
-
-
-
239
income
-
-
-
4 554
pensions
-
-
-
11 100
unemployment
-
-
-
6 232
health
-
-
-
4 589
surtax
-
-
-
-
total
-
-
-
26 714
Employee
44 415
40 492
46 591
-
other
443
405
467
-
health
1 718
1 568
1 803
-
income
3 957
2 987
4 581
-
pensions
4 549
4 146
4 770
-
unemployment
1 332
1 215
1 398
-
total
11 999
10 321
13 019
-
Employer
44 415
40 492
46 591
-
accident
577
526
605
-
other
2 109
1 922
2 212
-
chamber of commerce
177
162
187
-
unemployment
1 332
1 215
1 398
-
surtax
-
-
-
-
pensions
5 574
5 083
5 848
-
payroll
1 332
1 215
1 398
-
health
1 679
1 531
1 760
-
total
12 780
11 654
13 408
-
Corporate
3 856
7 855
42 735
-
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.

964
1 963
10 684
-
total
964
1 963
10 684
-
Dividends
1 839
5 892
-
-
withholding
505
1 620
-
-
total
505
1 620
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 248
25 558
37 111
26 714
After tax
33 752
34 442
22 889
33 286
Living cost
32 416
32 416
32 416
32 416
Free-cash
1 336
2 026
-9 527
870

Estimated living cost  is ₽32416 per week

₽19446
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽578
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9082
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽42567
₽39861
₽44967
₽33567
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
60 000
microenterprise

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

-
-
-
600
total
-
-
-
600
Employee
18 041
-
60 000
-
income
3 608
-
12 000
-
total
3 608
-
12 000
-
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%.

41 959
60 000
-
-
total
-
-
-
-
Dividends
41 959
60 000
-
-
withholding
2 098
3 000
-
-
total
2 098
3 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
5 706
3 000
12 000
600
After tax
54 294
57 000
48 000
59 400
Living cost
14 433
14 433
14 433
14 433
Free-cash
39 861
42 567
33 567
44 967

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14058
₽5556
₽5612
₽3895
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
income
-
-
-
10 182
pensions
-
-
-
10 958
unemployment
-
-
-
91
health
-
-
-
5 904
total
-
-
-
27 135
Employee

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

44 931
-
51 917
-
health
2 902
-
3 353
-
income
7 748
-
9 297
-
pensions
6 965
-
8 046
-
unemployment
64
-
73
-
total
17 679
-
20 769
-
Employer

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

44 931
-
51 917
-
unemployment
27
-
31
-
pensions
3 976
-
4 595
-
health
2 993
-
3 457
-
total
6 996
-
8 083
-
Corporate
8 074
60 000
-
-
income
1 535
11 399
-
-
total
1 535
11 399
-
-
Dividends
6 539
48 601
-
-
withholding
981
7 290
-
-
total
981
7 290
-
-
Income
60 000
60 000
60 000
60 000
Total tax
27 191
18 689
28 852
27 135
After tax
32 809
41 311
31 148
32 865
Living cost
27 253
27 253
27 253
27 253
Free-cash
5 556
14 058
3 895
5 612

Estimated living cost  is ₽27253 per week

₽18703
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.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6276
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7389
-₽91677
-₽2428
₽2725
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
11 695
social contributions
-
-
-
6 840
total
-
-
-
18 535
Employee
62 937
-
-
-
social contributions
5 161
-
735
-
income
13 883
-
-
-
total
19 044
-
735
-
Employer
62 937
-
-
-
social contributions
88 740
-
12 647
-
total
88 740
-
12 647
-
Corporate
-
60 000
-
-
income
-
13 200
-
-
total
-
13 200
-
-
Dividends
-
46 800
-
-
income
-
10 296
-
-
total
-
10 296
-
-
Income
60 000
60 000
60 000
60 000
Total tax
107 784
23 496
13 382
18 535
After tax
-47 784
36 504
46 618
41 465
Living cost
43 893
43 893
43 893
43 893
Free-cash
-91 677
-7 389
2 725
-2 428

Estimated living cost  is ₽43893 per week

₽28480
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4128
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10726
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2256
₽1234
₽2694
₽1015
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
income
-
-
-
4 586
surtax
-
-
-
-
social contributions

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

-
-
-
20 849
total
-
-
-
25 435
Employee
46 731
-
48 485
-
social contributions
5 141
-
5 333
-
surtax
-
-
-
-
income
9 720
-
10 266
-
total
14 861
-
15 599
-
Employer
46 731
-
48 485
-
social contributions
11 099
-
11 515
-
total
11 099
-
11 515
-
Corporate
2 170
60 000
-
-
surtax
-
-
-
-
income
455
12 601
-
-
total
455
12 601
-
-
Dividends
1 715
47 399
-
-
withholding
480
13 272
-
-
total
480
13 272
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 895
25 873
27 114
25 435
After tax
33 105
34 127
32 886
34 565
Living cost
31 871
31 871
31 871
31 871
Free-cash
1 234
2 256
1 015
2 694

Estimated living cost  is ₽31871 per week

₽23846
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5613
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18834
-₽23513
-₽13156
-₽12662
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
2 767
pensions
-
-
-
17 224
other
-
-
-
1 861
health
-
-
-
519
surtax
-
-
-
-
social contributions
-
-
-
1 710
total
-
-
-
24 081
Employee
63 638
-
45 722
-
social contributions
1 812
-
1 302
-
surtax
-
-
-
-
income
5 553
-
2 836
-
pensions
7 198
-
5 171
-
total
14 563
-
9 309
-
Employer
63 638
-
45 722
-
other
2 196
-
1 577
-
social contributions
191
-
137
-
unemployment
2 578
-
1 851
-
pensions
10 456
-
7 512
-
health
4 454
-
3 201
-
total
19 875
-
14 278
-
Corporate
-
60 000
-
-
surtax
-
-
-
-
income
-
16 800
-
-
total
-
16 800
-
-
Dividends
-
43 200
-
-
surtax
-
-
-
-
social contributions
-
7 429
-
-
withholding
-
5 530
-
-
total
-
12 959
-
-
Income
60 000
60 000
60 000
60 000
Total tax
34 438
29 759
23 587
24 081
After tax
25 562
30 241
36 413
35 919
Living cost
49 074
49 074
49 074
49 074
Free-cash
-23 513
-18 834
-12 662
-13 156

Estimated living cost  is ₽49074 per week

₽33213
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4014
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11174
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽23458
₽20045
₽16231
₽17914
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
27
social contributions
-
-
-
13 200
total
-
-
-
13 227
Employee
32 665
-
51 948
-
income
-
-
116
-
social contributions
2 123
-
3 376
-
total
2 123
-
3 492
-
Employer
32 665
-
51 948
-
social contributions
5 063
-
8 052
-
total
5 063
-
8 052
-
Corporate
22 271
60 000
-
-
income
2 227
6 000
-
-
total
2 227
6 000
-
-
Dividends
20 044
54 000
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
9 413
6 000
11 544
13 227
After tax
50 587
54 000
48 456
46 773
Living cost
30 542
30 542
30 542
30 542
Free-cash
20 045
23 458
17 914
16 231

Estimated living cost  is ₽30542 per week

₽19748
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2302
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7917
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽161352
-₽161352
-₽10088
-₽161352
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
9 820
pensions
-
-
-
881
national
-
-
-
5 729
labour market
-
-
-
4 730
total
-
-
-
21 160
Employee
206 514
206 514
206 514
-
labour market
16 498
16 498
16 498
-
national
25 229
25 229
25 229
-
municipal
43 976
43 976
43 976
-
pensions
294
294
294
-
total
85 997
85 997
85 997
-
Employer
206 514
206 514
206 514
-
labour market
16 521
16 521
16 521
-
municipal
44 046
44 046
44 046
-
pensions
587
587
587
-
national
25 273
25 273
25 273
-
total
86 427
86 427
86 427
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
172 424
172 424
172 424
21 160
After tax
-112 424
-112 424
-112 424
38 840
Living cost
48 928
48 928
48 928
48 928
Free-cash
-161 352
-161 352
-161 352
-10 088

Estimated living cost  is ₽48928 per week

₽33487
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4328
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽752
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10360
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17002
₽1507
₽19577
₽9752
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
255
income
-
-
-
11 535
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
18 561
Employee
34 391
-
49 842
-
health
3 938
-
5 707
-
income
4 718
-
6 910
-
pensions
3 873
-
5 612
-
total
12 529
-
18 229
-
Employer
34 391
-
49 842
-
accident
574
-
832
-
unemployment
843
-
1 221
-
pensions
5 592
-
8 104
-
total
7 009
-
10 157
-
Corporate
18 600
60 000
-
-
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.

16 740
54 000
-
-
total
16 740
54 000
-
-
Dividends
1 860
6 000
-
-
withholding
353
1 140
-
-
total
353
1 140
-
-
Income
60 000
60 000
60 000
60 000
Total tax
36 631
55 140
28 386
18 561
After tax
23 369
4 860
31 614
41 439
Living cost
21 862
21 862
21 862
21 862
Free-cash
1 507
-17 002
9 752
19 577

Estimated living cost  is ₽21862 per week

₽15913
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1246
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4292
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2386
-₽3544
₽7280
-₽2045
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
60 000
municipal
-
-
-
10 711
health
-
-
-
499
national
-
-
-
2 501
total
-
-
-
13 711
Employee
53 457
-
50 475
-
health
399
-
353
-
municipal
8 756
-
8 272
-
pensions
3 608
-
3 407
-
unemployment
802
-
758
-
national
883
-
721
-
total
14 448
-
13 511
-
Employer
53 457
-
50 475
-
accident
54
-
50
-
unemployment
347
-
328
-
pensions
9 275
-
8 758
-
health
411
-
389
-
total
10 087
-
9 525
-
Corporate
-
60 000
-
-
income
-
12 001
-
-
total
-
12 001
-
-
Dividends

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

-
35 999
-
-
national
-
123
-
-
municipal
-
6 481
-
-
total
-
6 604
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 535
18 605
23 036
13 711
After tax
35 465
41 395
36 964
46 289
Living cost
39 009
39 009
39 009
39 009
Free-cash
-3 544
2 386
-2 045
7 280

Estimated living cost  is ₽39009 per week

₽25481
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3752
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.
₽9157
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13499
₽15105
₽23285
₽17555
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
2 302
health
-
-
-
1 529
social contributions
-
-
-
9 359
total
-
-
-
13 190
Employee
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 522
-
health
605
1 329
926
-
income
8 507
7 233
7 942
-
total
12 066
15 046
13 390
-
Employer
78 130
78 130
78 130
-
social contributions
2 954
6 484
4 522
-
health
658
1 446
1 008
-
total
3 612
7 930
5 530
-
Corporate
20 797
-
-
-
income
2 599
-
-
-
total
2 599
-
-
-
Dividends
18 198
-
-
-
withholding
3 093
-
-
-
total
3 093
-
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 370
22 976
18 920
13 190
After tax
38 630
37 024
41 080
46 810
Living cost
23 525
23 525
23 525
23 525
Free-cash
15 105
13 499
17 555
23 285

Estimated living cost  is ₽23525 per week

₽14099
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6598
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33554
₽28384
₽28578
₽21020
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 000
income
-
-
-
5 121
pensions
-
-
-
6 463
unemployment
-
-
-
29
health
-
-
-
3 677
total
-
-
-
15 290
Employee

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

23 322
-
54 397
-
health
1 982
-
4 624
-
income
1 595
-
4 188
-
pensions
3 498
-
8 160
-
unemployment
116
-
272
-
total
7 191
-
17 244
-
Employer

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

23 322
-
54 397
-
unemployment
116
-
272
-
pensions
1 282
-
2 993
-
health
1 003
-
2 339
-
total
2 401
-
5 604
-
Corporate
34 277
60 000
-
-
income
3 085
5 401
-
-
total
3 085
5 401
-
-
Dividends
31 192
54 599
-
-
withholding
2 807
4 913
-
-
total
2 807
4 913
-
-
Income
60 000
60 000
60 000
60 000
Total tax
15 484
10 314
22 848
15 290
After tax
44 516
49 686
37 152
44 710
Living cost
16 132
16 132
16 132
16 132
Free-cash
28 384
33 554
21 020
28 578

Estimated living cost  is ₽16132 per week

₽10293
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4196
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12580
₽7198
₽4997
₽5421
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
540
income
-
-
-
9 063
pensions
-
-
-
16 979
other
-
-
-
60
unemployment
-
-
-
420
total
-
-
-
27 062
Employee
37 570
-
45 494
-
other
37
-
46
-
income
7 243
-
9 245
-
pensions
1 766
-
2 138
-
unemployment
582
-
706
-
total
9 628
-
12 135
-
Employer
37 570
-
45 494
-
accident
744
-
900
-
other
301
-
364
-
unemployment
2 067
-
2 503
-
pensions
8 866
-
10 736
-
total
11 978
-
14 503
-
Corporate
10 452
60 000
-
-
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.

1 568
9 001
-
-
total
1 568
9 001
-
-
Dividends
8 885
50 999
-
-
withholding
1 687
10 478
-
-
total
1 687
10 478
-
-
Income
60 000
60 000
60 000
60 000
Total tax
24 861
19 479
26 638
27 062
After tax
35 139
40 521
33 362
32 938
Living cost
27 941
27 941
27 941
27 941
Free-cash
7 198
12 580
5 421
4 997

Estimated living cost  is ₽27941 per week

₽18859
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5906
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34659
₽34203
₽34585
₽34388
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
19 134
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
22 634
Employee
4 236
-
57 718
-
health
212
-
507
-
income
820
-
19 027
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
20 548
-
Employer
4 236
-
57 718
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
54 810
60 000
-
-
income
12 058
13 200
-
-
total
12 058
13 200
-
-
Dividends
42 752
46 800
-
-
withholding
8 550
9 360
-
-
total
8 550
9 360
-
-
Income
60 000
60 000
60 000
60 000
Total tax
23 016
22 560
22 831
22 634
After tax
36 984
37 440
37 169
37 366
Living cost
2 781
2 781
2 781
2 781
Free-cash
34 203
34 659
34 388
34 585

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽25792
₽20794
₽12084
₽14666
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
income
-
-
-
7 678
pensions
-
-
-
15 600
unemployment
-
-
-
900
health
-
-
-
6 180
total
-
-
-
30 358
Employee

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

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

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

26 477
-
50 891
-
health
1 364
-
2 621
-
income
3 650
-
8 538
-
pensions
3 707
-
7 125
-
unemployment
199
-
382
-
total
8 920
-
18 666
-
Employer

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

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

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

26 477
-
50 891
-
unemployment
199
-
382
-
pensions
3 177
-
6 107
-
health
1 364
-
2 621
-
total
4 740
-
9 110
-
Corporate
28 784
60 000
-
-
income
4 318
9 000
-
-
total
4 318
9 000
-
-
Dividends
24 466
51 000
-
-
withholding
3 670
7 650
-
-
total
3 670
7 650
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 648
16 650
27 776
30 358
After tax
38 352
43 350
32 224
29 642
Living cost
17 558
17 558
17 558
17 558
Free-cash
20 794
25 792
14 666
12 084

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
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.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6735
₽6370
₽7173
₽5494
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
income
-
-
-
4 586
surtax
-
-
-
-
social contributions

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

-
-
-
20 849
total
-
-
-
25 435
Employee
39 436
-
48 485
-
social contributions
4 338
-
5 333
-
surtax
-
-
-
-
income
7 705
-
10 266
-
total
12 043
-
15 599
-
Employer
39 436
-
48 485
-
social contributions
9 365
-
11 515
-
total
9 365
-
11 515
-
Corporate
11 199
60 000
-
-
surtax
-
-
-
-
income
2 352
12 601
-
-
total
2 352
12 601
-
-
Dividends
8 847
47 399
-
-
withholding
2 478
13 272
-
-
total
2 478
13 272
-
-
Income
60 000
60 000
60 000
60 000
Total tax
26 238
25 873
27 114
25 435
After tax
33 762
34 127
32 886
34 565
Living cost
27 392
27 392
27 392
27 392
Free-cash
6 370
6 735
5 494
7 173

Estimated living cost  is ₽27392 per week

₽19401
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5603
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4812
-₽4717
-₽2771
-₽2347
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
540
income
-
-
-
9 063
pensions
-
-
-
16 979
other
-
-
-
60
unemployment
-
-
-
420
total
-
-
-
27 062
Employee
49 071
-
45 494
-
other
48
-
46
-
income
10 249
-
9 245
-
pensions
2 306
-
2 138
-
unemployment
760
-
706
-
total
13 363
-
12 135
-
Employer
49 071
-
45 494
-
accident
972
-
900
-
other
393
-
364
-
unemployment
2 699
-
2 503
-
pensions
11 581
-
10 736
-
total
15 645
-
14 503
-
Corporate
-
60 000
-
-
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.

-
9 001
-
-
total
-
9 001
-
-
Dividends
-
50 999
-
-
withholding
-
10 478
-
-
total
-
10 478
-
-
Income
60 000
60 000
60 000
60 000
Total tax
29 008
19 479
26 638
27 062
After tax
30 992
40 521
33 362
32 938
Living cost
35 709
35 709
35 709
35 709
Free-cash
-4 717
4 812
-2 347
-2 771

Estimated living cost  is ₽35709 per week

₽25645
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6785
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽33821
₽27628
₽24044
₽25115
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
9 000
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 477
Employee
23 145
-
53 037
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
5 304
-
pensions

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

2 032
-
3 116
-
total
5 666
-
10 443
-
Employer
23 145
-
53 037
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
32 314
60 000
-
-
income
3 232
6 000
-
-
total
3 232
6 000
-
-
Dividends
29 082
54 000
-
-
withholding
1 454
2 700
-
-
total
1 454
2 700
-
-
Income
60 000
60 000
60 000
60 000
Total tax
14 893
8 700
17 406
18 477
After tax
45 107
51 300
42 594
41 523
Living cost
17 479
17 479
17 479
17 479
Free-cash
27 628
33 821
25 115
24 044

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8153
₽5140
₽4758
₽6590
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
trade
-
-
-
1 832
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.

-
-
-
6 864
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.

-
-
-
6 941
surtax

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

-
-
-
378
total
-
-
-
16 015
Employee

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

50 555
-
60 000
-
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.

6 941
-
6 941
-
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.

229
-
378
-
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.

4 157
-
6 864
-
total
11 327
-
14 183
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 445
60 000
-
-
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.

77
496
-
-
income
1 417
9 001
-
-
trade
1 356
8 609
-
-
chamber of commerce
168
243
-
-
total
3 018
18 349
-
-
Dividends
6 427
41 652
-
-
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.

67
551
-
-
withholding
1 221
10 026
-
-
total
1 288
10 577
-
-
Income
60 000
60 000
60 000
60 000
Total tax
15 633
28 926
14 183
16 015
After tax
44 367
31 074
45 817
43 985
Living cost
39 227
39 227
39 227
39 227
Free-cash
5 140
-8 153
6 590
4 758

Estimated living cost  is ₽39227 per week

₽27060
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4221
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7377
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15881
-₽19479
-₽11158
-₽11158
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
8 819
social contributions
-
-
-
4 460
total
-
-
-
13 279
Employee
79 479
-
60 000
-
income
14 997
-
8 819
-
social contributions
6 603
-
4 460
-
total
21 600
-
13 279
-
Employer
79 479
-
60 000
-
total
-
-
-
-
Corporate
-
60 000
-
-
income
-
7 501
-
-
total
-
7 501
-
-
Dividends
-
52 499
-
-
withholding
-
10 501
-
-
total
-
10 501
-
-
Income
60 000
60 000
60 000
60 000
Total tax
21 600
18 002
13 279
13 279
After tax
38 400
41 998
46 721
46 721
Living cost
57 879
57 879
57 879
57 879
Free-cash
-19 479
-15 881
-11 158
-11 158

Estimated living cost  is ₽57879 per week

₽44034
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4716
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8577
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽3251
₽2634
-₽12618
₽6535
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
income
-
-
-
28 923
health

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

-
-
-
6 812
total
-
-
-
35 735
Employee
46 611
-
55 326
-
income
5 058
-
7 234
-
social contributions
4 670
-
4 674
-
total
9 728
-
11 908
-
Employer
46 611
-
55 326
-
social contributions
4 670
-
4 674
-
total
4 670
-
4 674
-
Corporate
8 719
60 000
-
-
income
3 052
21 000
-
-
total
3 052
21 000
-
-
Dividends
5 667
39 000
-
-
social contributions
3 033
5 368
-
-
total
3 033
5 368
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 483
26 368
16 582
35 735
After tax
39 517
33 632
43 418
24 265
Living cost
36 883
36 883
36 883
36 883
Free-cash
2 634
-3 251
6 535
-12 618

Estimated living cost  is ₽36883 per week

₽24295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9114
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6968
₽1197
₽7060
₽951
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
income
-
-
-
11 261
pensions
-
-
-
3 692
total
-
-
-
14 953
Employee
52 143
-
53 525
-
health
680
-
707
-
income
9 496
-
9 734
-
pensions
3 980
-
4 146
-
total
14 156
-
14 587
-
Employer
52 143
-
53 525
-
pensions
5 268
-
5 457
-
health
991
-
1 018
-
total
6 259
-
6 475
-
Corporate
1 598
60 000
-
-
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.

304
11 401
-
-
total
304
11 401
-
-
Dividends
1 294
48 599
-
-
withholding
97
3 644
-
-
total
97
3 644
-
-
Income
60 000
60 000
60 000
60 000
Total tax
20 816
15 045
21 062
14 953
After tax
39 184
44 955
38 938
45 047
Living cost
37 987
37 987
37 987
37 987
Free-cash
1 197
6 968
951
7 060

Estimated living cost  is ₽37987 per week

₽26059
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3493
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽475
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19167
₽1174
₽17412
₽7587
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
accident
-
-
-
255
income
-
-
-
11 535
pensions
-
-
-
4 197
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
18 561
Employee
37 795
-
49 842
-
health
4 327
-
5 707
-
income
5 185
-
6 910
-
pensions
4 256
-
5 612
-
total
13 768
-
18 229
-
Employer
37 795
-
49 842
-
accident
631
-
832
-
unemployment
926
-
1 221
-
pensions
6 145
-
8 104
-
total
7 702
-
10 157
-
Corporate
14 503
60 000
-
-
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.

13 053
54 000
-
-
total
13 053
54 000
-
-
Dividends
1 450
6 000
-
-
withholding
276
1 140
-
-
total
276
1 140
-
-
Income
60 000
60 000
60 000
60 000
Total tax
34 799
55 140
28 386
18 561
After tax
25 201
4 860
31 614
41 439
Living cost
24 027
24 027
24 027
24 027
Free-cash
1 174
-19 167
7 587
17 412

Estimated living cost  is ₽24027 per week

₽17633
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4510
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37305
₽32375
₽21706
₽21706
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 000
work injury
-
-
-
300
health insurance
-
-
-
4 440
income
-
-
-
8 099
pensions
-
-
-
11 040
unemployment
-
-
-
720
total
-
-
-
24 599
Employee

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

21 911
-
60 000
-
work injury
110
-
300
-
income
2 191
-
8 099
-
pensions
4 032
-
11 040
-
health insurance
1 621
-
4 440
-
unemployment
263
-
720
-
total
8 217
-
24 599
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 089
60 000
-
-
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%.

-
-
-
-
total
-
-
-
-
Dividends
38 089
60 000
-
-
withholding
5 713
9 000
-
-
total
5 713
9 000
-
-
Income
60 000
60 000
60 000
60 000
Total tax
13 930
9 000
24 599
24 599
After tax
46 070
51 000
35 401
35 401
Living cost
13 695
13 695
13 695
13 695
Free-cash
32 375
37 305
21 706
21 706

Estimated living cost  is ₽13695 per week

₽8484
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽995
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽427
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3788
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽8874
-₽25622
-₽8115
-₽11447
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 000
municipal
-
-
-
401
regional
-
-
-
928
national
-
-
-
10 877
social contributions
-
-
-
15 431
total
-
-
-
27 637
Employee
85 620
-
60 000
-
social contributions
28 871
-
20 232
-
regional
1 293
-
797
-
municipal
511
-
359
-
national
14 469
-
9 581
-
total
45 144
-
30 969
-
Employer
85 620
-
60 000
-
total
-
-
-
-
Corporate
-
60 000
-
-
nationa
-
14 400
-
-
municipal
-
2 892
-
-
total
-
17 292
-
-
Dividends
-
42 708
-
-
withholding
-
11 104
-
-
total
-
11 104
-
-
Income
60 000
60 000
60 000
60 000
Total tax
45 144
28 396
30 969
27 637
After tax
14 856
31 604
29 031
32 363
Living cost
40 478
40 478
40 478
40 478
Free-cash
-25 622
-8 874
-11 447
-8 115

Estimated living cost  is ₽40478 per week

₽28433
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2784
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8648
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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