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
₽ 60500
per

Your estimated
City
free-cash

Dresden , Germany
₽140
₽11306
₽13421
₽15560
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
trade
-
-
-
2 139
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.

-
-
-
7 088
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.

-
-
-
6 894
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.

-
-
-
391
total
-
-
-
16 512
Employee

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

38 599
-
60 500
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
391
-
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.

1 078
-
7 088
-
total
8 031
-
14 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
21 901
60 500
-
-
surtax

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

180
500
-
-
income
3 284
9 076
-
-
trade
3 449
9 529
-
-
chamber of commerce
184
239
-
-
total
7 097
19 344
-
-
Dividends
14 804
41 156
-
-
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.

182
544
-
-
withholding
3 317
9 905
-
-
total
3 499
10 449
-
-
Income
60 500
60 500
60 500
60 500
Total tax
18 627
29 793
14 373
16 512
After tax
41 873
30 707
46 127
43 988
Living cost
30 567
30 567
30 567
30 567
Free-cash
11 306
140
15 560
13 421

Estimated living cost  is ₽30567 per week

₽19227
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽13242
-₽25724
-₽13195
-₽12719
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
5 801
pensions
-
-
-
7 260
national
-
-
-
8 990
social contributions
-
-
-
650
total
-
-
-
22 701
Employee
79 050
-
52 302
-
municipal
9 764
-
6 035
-
pensions
3 162
-
2 092
-
national
15 130
-
9 352
-
total
28 056
-
17 479
-
Employer
79 050
-
52 302
-
social contributions
850
-
562
-
pensions
6 324
-
4 184
-
total
7 174
-
4 746
-
Corporate
-
60 500
-
-
income

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

-
12 100
-
-
total
-
12 100
-
-
Dividends
-
48 400
-
-
withholding
-
10 648
-
-
total
-
10 648
-
-
Income
60 500
60 500
60 500
60 500
Total tax
35 230
22 748
22 225
22 701
After tax
25 270
37 752
38 275
37 799
Living cost
50 994
50 994
50 994
50 994
Free-cash
-25 724
-13 242
-12 719
-13 195

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽27405
₽19127
₽27252
₽13568
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
microenterprise
-
-
-
9 076
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.

-
-
-
3 177
total
-
-
-
12 253
Employee
29 488
-
48 755
-
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.

3 244
-
5 362
-
surtax
-
-
-
-
income
5 249
-
8 830
-
total
8 493
-
14 192
-
Employer
29 488
-
48 755
-
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.

7 103
-
11 745
-
surtax
-
-
-
-
total
7 103
-
11 745
-
Corporate
23 909
60 500
-
-
income

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

4 782
12 100
-
-
total
4 782
12 100
-
-
Dividends

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

19 127
48 400
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
20 378
12 100
25 937
12 253
After tax
40 122
48 400
34 563
48 247
Living cost
20 995
20 995
20 995
20 995
Free-cash
19 127
27 405
13 568
27 252

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
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.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽34046
-₽39712
-₽7710
-₽39712
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
5 756
pensions
-
-
-
10 891
health
-
-
-
9 288
total
-
-
-
25 935
Employee
86 179
86 179
86 179
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 179
86 179
86 179
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
57 936
52 271
57 936
25 935
After tax
2 564
8 229
2 564
34 565
Living cost
42 276
42 276
42 276
42 276
Free-cash
-39 712
-34 046
-39 712
-7 710

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5957
-₽12514
-₽8832
-₽6682
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
12 815
accident
-
-
-
121
pensions
-
-
-
6 540
other
-
-
-
7 030
unemployment
-
-
-
61
health
-
-
-
3 775
national
-
-
-
-
total
-
-
-
30 342
Employee
55 558
-
46 036
-
municipal
16 567
-
13 728
-
national
-
-
-
-
total
16 567
-
13 728
-
Employer
55 558
-
46 036
-
accident
111
-
92
-
other
6 456
-
5 349
-
unemployment
1 467
-
1 215
-
pensions
6 006
-
4 977
-
health
3 417
-
2 831
-
total
17 457
-
14 464
-
Corporate
-
60 500
-
-
income
-
13 310
-
-
total
-
13 310
-
-
Dividends
-
47 190
-
-
withholding
-
14 157
-
-
total
-
14 157
-
-
Income
60 500
60 500
60 500
60 500
Total tax
34 024
27 467
28 192
30 342
After tax
26 476
33 033
32 308
30 158
Living cost
38 990
38 990
38 990
38 990
Free-cash
-12 514
-5 957
-6 682
-8 832

Estimated living cost  is ₽38990 per week

₽25841
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
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.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9250
₽4932
₽4248
₽6483
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
trade
-
-
-
2 235
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.

-
-
-
7 088
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.

-
-
-
6 894
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.

-
-
-
391
total
-
-
-
16 608
Employee

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

51 177
-
60 500
-
health

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

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

6 894
-
6 894
-
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.

241
-
391
-
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.

4 397
-
7 088
-
total
11 532
-
14 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 323
60 500
-
-
surtax

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

77
500
-
-
income
1 398
9 076
-
-
trade
1 534
9 953
-
-
chamber of commerce
167
239
-
-
total
3 176
19 768
-
-
Dividends
6 148
40 732
-
-
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.

63
538
-
-
withholding
1 153
9 800
-
-
total
1 216
10 338
-
-
Income
60 500
60 500
60 500
60 500
Total tax
15 924
30 106
14 373
16 608
After tax
44 576
30 394
46 127
43 892
Living cost
39 644
39 644
39 644
39 644
Free-cash
4 932
-9 250
6 483
4 248

Estimated living cost  is ₽39644 per week

₽26514
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
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.
₽8357
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4950
₽7599
₽14352
₽8837
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
2 434
health
-
-
-
1 544
social contributions
-
-
-
9 438
total
-
-
-
13 416
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 558
-
health
772
1 319
935
-
income
8 149
7 183
7 863
-
total
12 692
14 942
13 356
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 558
-
health
841
1 436
1 017
-
total
4 612
7 876
5 575
-
Corporate
10 465
-
-
-
income
1 308
-
-
-
total
1 308
-
-
-
Dividends
9 157
-
-
-
withholding
1 557
-
-
-
total
1 557
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
20 169
22 818
18 931
13 416
After tax
40 331
37 682
41 569
47 084
Living cost
32 732
32 732
32 732
32 732
Free-cash
7 599
4 950
8 837
14 352

Estimated living cost  is ₽32732 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15896
₽16277
₽23574
₽16736
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
7 396
pensions
-
-
-
6 050
unemployment
-
-
-
908
health
-
-
-
4 235
total
-
-
-
18 589
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.

26 470
10 535
50 628
-
health
1 853
737
3 544
-
income
3 236
1 288
6 189
-
pensions
2 647
1 053
5 063
-
unemployment
397
158
759
-
total
8 133
3 236
15 555
-
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.

26 470
10 535
50 628
-
pensions
5 162
2 054
9 872
-
total
5 162
2 054
9 872
-
Corporate
28 869
47 911
-
-
income
2 598
4 312
-
-
total
2 598
4 312
-
-
Dividends
26 271
43 599
-
-
social contributions
5 002
8 381
-
-
withholding
4 991
8 284
-
-
total
9 993
16 665
-
-
Income
60 500
60 500
60 500
60 500
Total tax
25 886
26 267
25 427
18 589
After tax
34 614
34 233
35 073
41 911
Living cost
18 337
18 337
18 337
18 337
Free-cash
16 277
15 896
16 736
23 574

Estimated living cost  is ₽18337 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24025
₽17755
₽8910
₽11017
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
7 249
pensions
-
-
-
12 101
health
-
-
-
7 865
total
-
-
-
27 215
Employee
28 629
-
45 218
-
income
3 223
-
8 198
-
pensions
573
-
904
-
unemployment
458
-
724
-
total
4 254
-
9 826
-
Employer
28 629
-
45 218
-
unemployment
230
-
362
-
pensions
5 726
-
9 043
-
health
3 721
-
5 877
-
total
9 677
-
15 282
-
Corporate
22 195
60 500
-
-
income
4 439
12 100
-
-
total
4 439
12 100
-
-
Dividends
17 755
48 400
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
18 370
12 100
25 108
27 215
After tax
42 130
48 400
35 392
33 285
Living cost
24 375
24 375
24 375
24 375
Free-cash
17 755
24 025
11 017
8 910

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
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.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17168
₽1515
₽19707
₽9733
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
253
income
-
-
-
11 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 724
Employee
34 715
-
50 257
-
health
3 975
-
5 754
-
income
4 763
-
7 043
-
pensions
3 909
-
5 659
-
total
12 647
-
18 456
-
Employer
34 715
-
50 257
-
accident
580
-
839
-
unemployment
850
-
1 231
-
pensions
5 645
-
8 172
-
total
7 075
-
10 242
-
Corporate
18 710
60 500
-
-
income

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

16 839
54 450
-
-
total
16 839
54 450
-
-
Dividends
1 871
6 050
-
-
withholding
355
1 149
-
-
total
355
1 149
-
-
Income
60 500
60 500
60 500
60 500
Total tax
36 916
55 599
28 698
18 724
After tax
23 584
4 901
31 802
41 776
Living cost
22 069
22 069
22 069
22 069
Free-cash
1 515
-17 168
9 733
19 707

Estimated living cost  is ₽22069 per week

₽16174
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4211
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽48396
₽46694
₽50816
₽39321
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
60 500
microenterprise

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

-
-
-
605
total
-
-
-
605
Employee
11 349
-
60 500
-
income
2 269
-
12 100
-
total
2 269
-
12 100
-
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%.

49 151
60 500
-
-
total
-
-
-
-
Dividends
49 151
60 500
-
-
withholding
2 458
3 025
-
-
total
2 458
3 025
-
-
Income
60 500
60 500
60 500
60 500
Total tax
4 727
3 025
12 100
605
After tax
55 773
57 475
48 400
59 895
Living cost
9 079
9 079
9 079
9 079
Free-cash
46 694
48 396
39 321
50 816

Estimated living cost  is ₽9079 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17559
₽10744
₽5870
₽8571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
7 685
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.

-
-
-
14 518
other
-
-
-
2 875
health
-
-
-
2 662
total
-
-
-
27 740
Employee
36 642
-
48 322
-
health
513
-
676
-
income
6 308
-
8 319
-
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.

2 564
-
3 382
-
unemployment
366
-
483
-
total
9 751
-
12 860
-
Employer
36 642
-
48 322
-
accident
293
-
387
-
other
1 833
-
2 417
-
unemployment
366
-
483
-
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.

6 230
-
8 216
-
health
513
-
676
-
total
9 235
-
12 179
-
Corporate
14 624
60 500
-
-
income
3 072
12 705
-
-
total
3 072
12 705
-
-
Dividends
11 552
47 795
-
-
withholding
808
3 346
-
-
total
808
3 346
-
-
Income
60 500
60 500
60 500
60 500
Total tax
22 866
16 051
25 039
27 740
After tax
37 634
44 449
35 461
32 760
Living cost
26 890
26 890
26 890
26 890
Free-cash
10 744
17 559
8 571
5 870

Estimated living cost  is ₽26890 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22397
-₽48457
-₽22330
-₽28523
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
11 350
pensions
-
-
-
3 753
total
-
-
-
15 103
Employee
95 823
-
53 941
-
health
1 579
-
720
-
income
17 273
-
9 800
-
pensions
9 244
-
4 217
-
total
28 096
-
14 737
-
Employer
95 823
-
53 941
-
pensions
11 314
-
5 533
-
health
1 820
-
1 026
-
total
13 134
-
6 559
-
Corporate
-
60 500
-
-
income

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

-
11 495
-
-
total
-
11 495
-
-
Dividends
-
49 005
-
-
withholding
-
3 675
-
-
total
-
3 675
-
-
Income
60 500
60 500
60 500
60 500
Total tax
41 230
15 170
21 296
15 103
After tax
19 270
45 330
39 204
45 397
Living cost
67 727
67 727
67 727
67 727
Free-cash
-48 457
-22 397
-28 523
-22 330

Estimated living cost  is ₽67727 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽38488
₽33798
₽28769
₽29875
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
9 075
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 492
Employee
17 531
-
53 580
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 358
-
pensions

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

1 539
-
3 097
-
total
4 291
-
10 465
-
Employer
17 531
-
53 580
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
39 529
60 500
-
-
income
3 953
6 050
-
-
total
3 953
6 050
-
-
Dividends
35 576
54 450
-
-
withholding
1 779
2 723
-
-
total
1 779
2 723
-
-
Income
60 500
60 500
60 500
60 500
Total tax
13 463
8 773
17 386
18 492
After tax
47 037
51 727
43 114
42 008
Living cost
13 239
13 239
13 239
13 239
Free-cash
33 798
38 488
29 875
28 769

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽47731
-₽49444
-₽21395
-₽53396
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
5 756
pensions
-
-
-
10 891
health
-
-
-
9 288
total
-
-
-
25 935
Employee
93 563
86 179
86 179
-
health
11 672
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 602
37 181
42 846
-
Employer
93 563
86 179
86 179
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
53 984
52 271
57 936
25 935
After tax
6 516
8 229
2 564
34 565
Living cost
55 960
55 960
55 960
55 960
Free-cash
-49 444
-47 731
-53 396
-21 395

Estimated living cost  is ₽55960 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽17484
₽8862
₽5296
₽6532
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
5 200
health
-
-
-
8 168
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 666
total
-
-
-
31 034
Employee
35 544
-
45 149
-
social contributions
2 310
-
2 935
-
health
4 798
-
6 095
-
solidarity contribution
-
-
-
-
income
4 265
-
5 418
-
total
11 373
-
14 448
-
Employer
35 544
-
45 149
-
social contributions
8 886
-
11 287
-
health
3 199
-
4 063
-
total
12 085
-
15 350
-
Corporate
12 871
60 500
-
-
income
2 446
11 495
-
-
total
2 446
11 495
-
-
Dividends
10 426
49 005
-
-
withholding
1 564
7 351
-
-
total
1 564
7 351
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 468
18 846
29 798
31 034
After tax
33 032
41 654
30 702
29 466
Living cost
24 170
24 170
24 170
24 170
Free-cash
8 862
17 484
6 532
5 296

Estimated living cost  is ₽24170 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1719
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽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.
₽5186
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10303
-₽29188
-₽9598
-₽13016
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
360
regional
-
-
-
610
national
-
-
-
10 985
social contributions
-
-
-
15 560
total
-
-
-
27 515
Employee
89 689
-
60 500
-
social contributions
30 243
-
20 401
-
regional
846
-
533
-
municipal
475
-
322
-
national
15 541
-
9 677
-
total
47 105
-
30 933
-
Employer
89 689
-
60 500
-
total
-
-
-
-
Corporate
-
60 500
-
-
nationa
-
14 520
-
-
municipal
-
2 359
-
-
total
-
16 879
-
-
Dividends
-
43 620
-
-
withholding
-
11 341
-
-
total
-
11 341
-
-
Income
60 500
60 500
60 500
60 500
Total tax
47 105
28 220
30 933
27 515
After tax
13 395
32 280
29 567
32 985
Living cost
42 583
42 583
42 583
42 583
Free-cash
-29 188
-10 303
-13 016
-9 598

Estimated living cost  is ₽42583 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15784
₽12646
₽11711
₽10406
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
9 277
pensions
-
-
-
12 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 296
surtax
-
-
-
617
total
-
-
-
26 520
Employee
33 373
-
49 980
-
other
-
-
-
-
health
852
-
1 274
-
surtax
109
-
517
-
income
5 594
-
8 702
-
pensions
2 225
-
3 334
-
unemployment
2 323
-
3 478
-
total
11 103
-
17 305
-
Employer
33 373
-
49 980
-
other
-
-
-
-
unemployment
1 057
-
1 584
-
pensions
4 449
-
6 663
-
health
1 519
-
2 273
-
total
7 025
-
10 520
-
Corporate
20 103
60 500
-
-
income
5 226
15 731
-
-
total
5 226
15 731
-
-
Dividends
14 877
44 769
-
-
withholding
2 231
6 716
-
-
total
2 231
6 716
-
-
Income
60 500
60 500
60 500
60 500
Total tax
25 585
22 447
27 825
26 520
After tax
34 915
38 053
32 675
33 980
Living cost
22 269
22 269
22 269
22 269
Free-cash
12 646
15 784
10 406
11 711

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽939
-₽11890
-₽872
-₽7065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
11 350
pensions
-
-
-
3 753
total
-
-
-
15 103
Employee
64 218
-
53 941
-
health
932
-
720
-
income
11 566
-
9 800
-
pensions
5 451
-
4 217
-
total
17 949
-
14 737
-
Employer
64 218
-
53 941
-
pensions
6 952
-
5 533
-
health
1 220
-
1 026
-
total
8 172
-
6 559
-
Corporate
-
60 500
-
-
income

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

-
11 495
-
-
total
-
11 495
-
-
Dividends
-
49 005
-
-
withholding
-
3 675
-
-
total
-
3 675
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 121
15 170
21 296
15 103
After tax
34 379
45 330
39 204
45 397
Living cost
46 269
46 269
46 269
46 269
Free-cash
-11 890
-939
-7 065
-872

Estimated living cost  is ₽46269 per week

₽34665
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
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.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽48607
-₽37263
-₽25037
-₽28112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
city
-
-
-
637
pensions
-
-
-
5 565
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.

-
-
-
1 211
regional
-
-
-
1 408
health
-
-
-
249
national
-
-
-
194
total
-
-
-
9 264
Employee
89 259
-
54 149
-
city
958
-
582
-
regional
2 923
-
1 179
-
health
202
-
121
-
pensions
7 499
-
4 547
-
unemployment
-
-
-
-
national
422
-
159
-
total
12 004
-
6 588
-
Employer
89 259
-
54 149
-
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.

1 785
-
1 083
-
unemployment
-
-
-
-
pensions
7 499
-
4 547
-
health
202
-
121
-
total
9 486
-
5 751
-
Corporate
-
60 500
-
-
regional
-
12 796
-
-
national
-
5 142
-
-
total
-
17 938
-
-
Dividends
-
42 562
-
-
withholding
-
14 896
-
-
total
-
14 896
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 490
32 834
12 339
9 264
After tax
39 010
27 666
48 161
51 236
Living cost
76 273
76 273
76 273
76 273
Free-cash
-37 263
-48 607
-28 112
-25 037

Estimated living cost  is ₽76273 per week

₽49599
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18892
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽16145
-₽149
-₽2432
-₽103
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
trade
-
-
-
2 329
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.

-
-
-
7 088
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.

-
-
-
6 894
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.

-
-
-
391
total
-
-
-
16 702
Employee

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

60 649
-
60 500
-
health

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

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

6 894
-
6 894
-
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.

393
-
391
-
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.

7 132
-
7 088
-
total
14 419
-
14 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
-
60 500
-
-
surtax

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

-
500
-
-
income
-
9 076
-
-
trade
-
10 376
-
-
chamber of commerce
-
237
-
-
total
-
20 189
-
-
Dividends
-
40 311
-
-
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.

-
532
-
-
withholding
-
9 694
-
-
total
-
10 226
-
-
Income
60 500
60 500
60 500
60 500
Total tax
14 419
30 415
14 373
16 702
After tax
46 081
30 085
46 127
43 798
Living cost
46 230
46 230
46 230
46 230
Free-cash
-149
-16 145
-103
-2 432

Estimated living cost  is ₽46230 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽4037
₽1927
₽1672
₽2150
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
2 834
pensions
-
-
-
17 343
other
-
-
-
1 875
health
-
-
-
525
surtax
-
-
-
-
social contributions
-
-
-
1 724
total
-
-
-
24 301
Employee
43 191
-
46 104
-
social contributions
1 231
-
1 314
-
surtax
-
-
-
-
income
2 549
-
2 901
-
pensions
4 883
-
5 213
-
total
8 663
-
9 428
-
Employer
43 191
-
46 104
-
other
1 490
-
1 591
-
social contributions
130
-
138
-
unemployment
1 748
-
1 867
-
pensions
7 095
-
7 572
-
health
3 024
-
3 227
-
total
13 487
-
14 395
-
Corporate
3 821
60 500
-
-
surtax
-
-
-
-
income
1 071
16 941
-
-
total
1 071
16 941
-
-
Dividends
2 751
43 559
-
-
surtax
-
-
-
-
social contributions
473
7 494
-
-
withholding
352
5 575
-
-
total
825
13 069
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 046
30 010
23 823
24 301
After tax
36 454
30 490
36 677
36 199
Living cost
34 527
34 527
34 527
34 527
Free-cash
1 927
-4 037
2 150
1 672

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
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.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽616
₽4992
₽5093
₽5571
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
2 834
pensions
-
-
-
17 343
other
-
-
-
1 875
health
-
-
-
525
surtax
-
-
-
-
social contributions
-
-
-
1 724
total
-
-
-
24 301
Employee
38 554
-
46 104
-
social contributions
1 099
-
1 314
-
surtax
-
-
-
-
income
1 988
-
2 901
-
pensions
4 361
-
5 213
-
total
7 448
-
9 428
-
Employer
38 554
-
46 104
-
other
1 331
-
1 591
-
social contributions
115
-
138
-
unemployment
1 561
-
1 867
-
pensions
6 335
-
7 572
-
health
2 698
-
3 227
-
total
12 040
-
14 395
-
Corporate
9 906
60 500
-
-
surtax
-
-
-
-
income
2 773
16 941
-
-
total
2 773
16 941
-
-
Dividends
7 133
43 559
-
-
surtax
-
-
-
-
social contributions
1 228
7 494
-
-
withholding
913
5 575
-
-
total
2 141
13 069
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 402
30 010
23 823
24 301
After tax
36 098
30 490
36 677
36 199
Living cost
31 106
31 106
31 106
31 106
Free-cash
4 992
-616
5 571
5 093

Estimated living cost  is ₽31106 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15509
₽16035
₽17452
₽14775
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
9 076
health
-
-
-
4 223
social contributions
-
-
-
8 350
total
-
-
-
21 649
Employee
34 217
-
60 500
-
social contributions
4 723
-
8 350
-
health
2 388
-
4 223
-
income
5 707
-
11 753
-
total
12 818
-
24 326
-
Employer
34 217
-
60 500
-
total
-
-
-
-
Corporate
26 283
60 500
-
-
income

The standard tax rate is 15%. However, small companies and agricultural companies can apply a reduced corporate income tax rate of 0% to the first year of operation when certain conditions are met; and 5% to revenues of less than €300,000 per year. We made calculations based on 5% and skipped 0%.

1 314
3 026
-
-
total
1 314
3 026
-
-
Dividends
24 969
57 474
-
-
health
1 743
4 012
-
-
social contributions
3 445
7 932
-
-
withholding
3 746
8 622
-
-
total
8 934
20 566
-
-
Income
60 500
60 500
60 500
60 500
Total tax
23 066
23 592
24 326
21 649
After tax
37 434
36 908
36 174
38 851
Living cost
21 399
21 399
21 399
21 399
Free-cash
16 035
15 509
14 775
17 452

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1319
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽965
-₽5603
-₽2267
-₽12663
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
chamber of commerce
-
-
-
241
income
-
-
-
4 757
pensions
-
-
-
11 192
unemployment
-
-
-
6 190
health
-
-
-
4 629
surtax
-
-
-
199
total
-
-
-
27 208
Employee
50 434
40 217
46 821
-
other
504
402
467
-
health
1 951
1 557
1 812
-
income
5 741
2 966
4 705
-
pensions
5 165
4 117
4 795
-
unemployment
1 513
1 207
1 404
-
total
14 874
10 249
13 183
-
Employer
50 434
40 217
46 821
-
accident
655
523
609
-
other
2 396
1 909
2 223
-
chamber of commerce
201
161
188
-
unemployment
1 513
1 207
1 404
-
surtax
199
199
199
-
pensions
6 329
5 048
5 875
-
payroll
1 513
1 207
1 404
-
health
1 906
1 521
1 770
-
total
14 712
11 775
13 672
-
Corporate
3 830
8 509
42 998
-
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.

958
2 128
10 749
-
total
958
2 128
10 749
-
Dividends
-
6 382
-
-
withholding
-
1 754
-
-
total
-
1 754
-
-
Income
60 500
60 500
60 500
60 500
Total tax
30 544
25 906
37 604
27 208
After tax
29 956
34 594
22 896
33 292
Living cost
35 559
35 559
35 559
35 559
Free-cash
-5 603
-965
-12 663
-2 267

Estimated living cost  is ₽35559 per week

₽23716
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3033
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.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2717
-₽32699
-₽4661
-₽10992
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
national
-
-
-
17 915
communal

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

-
-
-
3 194
social contributions
-
-
-
7 256
total
-
-
-
28 365
Employee

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

72 186
-
46 861
-
communal

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

3 765
-
2 444
-
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.

3 392
-
2 202
-
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.

5 414
-
3 514
-
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.

628
-
408
-
national
22 193
-
12 489
-
total
35 392
-
21 057
-
Employer

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

72 186
-
46 861
-
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.

938
-
609
-
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.

1 053
-
684
-
surtax
8 185
-
5 312
-
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.

6 396
-
4 152
-
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.

4 439
-
2 882
-
total
21 011
-
13 639
-
Corporate
-
60 500
-
-
surtax
-
241
-
-
income
-
12 100
-
-
total
-
12 341
-
-
Dividends
-
48 159
-
-
withholding

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

-
14 080
-
-
total
-
14 080
-
-
Income
60 500
60 500
60 500
60 500
Total tax
56 403
26 421
34 696
28 365
After tax
4 097
34 079
25 804
32 135
Living cost
36 796
36 796
36 796
36 796
Free-cash
-32 699
-2 717
-10 992
-4 661

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4410
-₽5745
-₽3285
-₽2856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
544
income
-
-
-
9 191
pensions
-
-
-
17 121
other
-
-
-
61
unemployment
-
-
-
423
total
-
-
-
27 340
Employee
50 234
-
45 874
-
other
50
-
46
-
income
10 599
-
9 375
-
pensions
2 361
-
2 156
-
unemployment
779
-
710
-
total
13 789
-
12 287
-
Employer
50 234
-
45 874
-
accident
994
-
908
-
other
400
-
368
-
unemployment
2 763
-
2 522
-
pensions
11 854
-
10 826
-
total
16 011
-
14 624
-
Corporate
-
60 500
-
-
income

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

-
9 076
-
-
total
-
9 076
-
-
Dividends
-
51 424
-
-
withholding
-
10 569
-
-
total
-
10 569
-
-
Income
60 500
60 500
60 500
60 500
Total tax
29 800
19 645
26 911
27 340
After tax
30 700
40 855
33 589
33 160
Living cost
36 445
36 445
36 445
36 445
Free-cash
-5 745
4 410
-2 856
-3 285

Estimated living cost  is ₽36445 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16919
-₽25054
-₽15022
-₽13813
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
544
income
-
-
-
2 716
pensions
-
-
-
9 681
health
-
-
-
4 537
surtax
-
-
-
3 202
communal
-
-
-
-
total
-
-
-
20 680
Employee
76 423
-
54 040
-
health
3 401
-
2 405
-
surtax
4 684
-
3 311
-
income
7 382
-
2 976
-
pensions
6 113
-
4 322
-
total
21 580
-
13 014
-
Employer
76 423
-
54 040
-
accident
688
-
486
-
pensions
6 113
-
4 322
-
health
2 331
-
1 649
-
total
9 132
-
6 457
-
Corporate
-
60 500
-
-
surtax
-
636
-
-
communal
-
4 083
-
-
income
-
9 076
-
-
total
-
13 795
-
-
Dividends
-
46 706
-
-
income
-
1 777
-
-
withholding
-
7 005
-
-
total
-
8 782
-
-
Income
60 500
60 500
60 500
60 500
Total tax
30 712
22 577
19 471
20 680
After tax
29 788
37 923
41 029
39 820
Living cost
54 842
54 842
54 842
54 842
Free-cash
-25 054
-16 919
-13 813
-15 022

Estimated living cost  is ₽54842 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
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.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15386
₽12179
₽11313
₽10008
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
9 277
pensions
-
-
-
12 100
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 296
surtax
-
-
-
617
total
-
-
-
26 520
Employee
33 985
-
49 980
-
other
-
-
-
-
health
868
-
1 274
-
surtax
121
-
517
-
income
5 697
-
8 702
-
pensions
2 267
-
3 334
-
unemployment
2 365
-
3 478
-
total
11 318
-
17 305
-
Employer
33 985
-
49 980
-
other
-
-
-
-
unemployment
1 078
-
1 584
-
pensions
4 531
-
6 663
-
health
1 545
-
2 273
-
total
7 154
-
10 520
-
Corporate
19 360
60 500
-
-
income
5 033
15 731
-
-
total
5 033
15 731
-
-
Dividends
14 327
44 769
-
-
withholding
2 149
6 716
-
-
total
2 149
6 716
-
-
Income
60 500
60 500
60 500
60 500
Total tax
25 654
22 447
27 825
26 520
After tax
34 846
38 053
32 675
33 980
Living cost
22 667
22 667
22 667
22 667
Free-cash
12 179
15 386
10 008
11 313

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4615
₽2375
₽5497
₽2100
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
360
regional
-
-
-
913
national
-
-
-
10 985
social contributions
-
-
-
15 560
total
-
-
-
27 818
Employee
55 980
-
60 500
-
social contributions
18 877
-
20 401
-
regional
754
-
815
-
municipal
297
-
322
-
national
8 869
-
9 677
-
total
28 797
-
31 215
-
Employer
55 980
-
60 500
-
total
-
-
-
-
Corporate
4 520
60 500
-
-
nationa
1 084
14 520
-
-
municipal
224
3 007
-
-
total
1 308
17 527
-
-
Dividends
3 212
42 973
-
-
withholding
835
11 173
-
-
total
835
11 173
-
-
Income
60 500
60 500
60 500
60 500
Total tax
30 940
28 700
31 215
27 818
After tax
29 560
31 800
29 285
32 682
Living cost
27 185
27 185
27 185
27 185
Free-cash
2 375
4 615
2 100
5 497

Estimated living cost  is ₽27185 per week

₽16906
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽11871
₽1245
-₽317
₽919
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
5 200
health
-
-
-
8 168
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 666
total
-
-
-
31 034
Employee
43 799
-
45 149
-
social contributions
2 847
-
2 935
-
health
5 913
-
6 095
-
solidarity contribution
-
-
-
-
income
5 256
-
5 418
-
total
14 016
-
14 448
-
Employer
43 799
-
45 149
-
social contributions
10 950
-
11 287
-
health
3 942
-
4 063
-
total
14 892
-
15 350
-
Corporate
1 809
60 500
-
-
income
344
11 495
-
-
total
344
11 495
-
-
Dividends
1 465
49 005
-
-
withholding
220
7 351
-
-
total
220
7 351
-
-
Income
60 500
60 500
60 500
60 500
Total tax
29 472
18 846
29 798
31 034
After tax
31 028
41 654
30 702
29 466
Living cost
29 783
29 783
29 783
29 783
Free-cash
1 245
11 871
919
-317

Estimated living cost  is ₽29783 per week

₽22149
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5469
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2506
₽1981
₽1295
-₽9266
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
chamber of commerce
-
-
-
241
income
-
-
-
4 757
pensions
-
-
-
11 192
unemployment
-
-
-
6 190
health
-
-
-
4 629
surtax
-
-
-
-
total
-
-
-
27 009
Employee
44 114
40 217
46 978
-
other
440
402
469
-
health
1 706
1 557
1 817
-
income
3 930
2 966
4 751
-
pensions
4 518
4 117
4 811
-
unemployment
1 323
1 207
1 410
-
total
11 917
10 249
13 258
-
Employer
44 114
40 217
46 978
-
accident
573
523
611
-
other
2 095
1 909
2 233
-
chamber of commerce
176
161
188
-
unemployment
1 323
1 207
1 410
-
surtax
-
-
-
-
pensions
5 537
5 048
5 897
-
payroll
1 323
1 207
1 410
-
health
1 668
1 521
1 775
-
total
12 695
11 576
13 524
-
Corporate
3 830
8 708
43 147
-
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.

958
2 177
10 788
-
total
958
2 177
10 788
-
Dividends
2 734
6 531
-
-
withholding
753
1 796
-
-
total
753
1 796
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 323
25 798
37 570
27 009
After tax
34 177
34 702
22 930
33 491
Living cost
32 196
32 196
32 196
32 196
Free-cash
1 981
2 506
-9 266
1 295

Estimated living cost  is ₽32196 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
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.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43326
₽40673
₽45746
₽34251
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
60 500
microenterprise

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

-
-
-
605
total
-
-
-
605
Employee
17 686
-
60 500
-
income
3 537
-
12 100
-
total
3 537
-
12 100
-
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%.

42 814
60 500
-
-
total
-
-
-
-
Dividends
42 814
60 500
-
-
withholding
2 141
3 025
-
-
total
2 141
3 025
-
-
Income
60 500
60 500
60 500
60 500
Total tax
5 678
3 025
12 100
605
After tax
54 822
57 475
48 400
59 895
Living cost
14 149
14 149
14 149
14 149
Free-cash
40 673
43 326
34 251
45 746

Estimated living cost  is ₽14149 per week

₽9574
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14588
₽6145
₽6007
₽4273
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
income
-
-
-
10 335
pensions
-
-
-
11 048
unemployment
-
-
-
90
health
-
-
-
5 952
total
-
-
-
27 425
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.

44 626
-
52 351
-
health
2 882
-
3 382
-
income
7 696
-
9 441
-
pensions
6 917
-
8 114
-
unemployment
63
-
73
-
total
17 558
-
21 010
-
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.

44 626
-
52 351
-
unemployment
27
-
31
-
pensions
3 949
-
4 633
-
health
2 972
-
3 485
-
total
6 948
-
8 149
-
Corporate
8 926
60 500
-
-
income
1 697
11 494
-
-
total
1 697
11 494
-
-
Dividends
7 230
49 006
-
-
withholding
1 084
7 350
-
-
total
1 084
7 350
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 287
18 844
29 159
27 425
After tax
33 213
41 656
31 341
33 075
Living cost
27 068
27 068
27 068
27 068
Free-cash
6 145
14 588
4 273
6 007

Estimated living cost  is ₽27068 per week

₽18576
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6772
-₽90094
-₽1770
₽3633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
11 793
social contributions
-
-
-
6 897
total
-
-
-
18 690
Employee
62 487
-
-
-
social contributions
5 124
-
730
-
income
13 783
-
-
-
total
18 907
-
730
-
Employer
62 487
-
-
-
social contributions
88 107
-
12 557
-
total
88 107
-
12 557
-
Corporate
-
60 500
-
-
income
-
13 310
-
-
total
-
13 310
-
-
Dividends
-
47 190
-
-
income
-
10 382
-
-
total
-
10 382
-
-
Income
60 500
60 500
60 500
60 500
Total tax
107 014
23 692
13 287
18 690
After tax
-46 514
36 808
47 213
41 810
Living cost
43 580
43 580
43 580
43 580
Free-cash
-90 094
-6 772
3 633
-1 770

Estimated living cost  is ₽43580 per week

₽28276
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10649
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2758
₽1742
₽3164
₽1431
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
income
-
-
-
4 658
surtax
-
-
-
-
social contributions

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

-
-
-
21 024
total
-
-
-
25 682
Employee
46 414
-
48 889
-
social contributions
5 106
-
5 378
-
surtax
-
-
-
-
income
9 654
-
10 426
-
total
14 760
-
15 804
-
Employer
46 414
-
48 889
-
social contributions
11 023
-
11 611
-
total
11 023
-
11 611
-
Corporate
3 063
60 500
-
-
surtax
-
-
-
-
income
643
12 705
-
-
total
643
12 705
-
-
Dividends
2 419
47 795
-
-
withholding
678
13 383
-
-
total
678
13 383
-
-
Income
60 500
60 500
60 500
60 500
Total tax
27 104
26 088
27 415
25 682
After tax
33 396
34 412
33 085
34 818
Living cost
31 654
31 654
31 654
31 654
Free-cash
1 742
2 758
1 431
3 164

Estimated living cost  is ₽31654 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18251
-₽22446
-₽12542
-₽12065
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
2 834
pensions
-
-
-
17 343
other
-
-
-
1 875
health
-
-
-
525
surtax
-
-
-
-
social contributions
-
-
-
1 724
total
-
-
-
24 301
Employee
63 206
-
46 104
-
social contributions
1 800
-
1 314
-
surtax
-
-
-
-
income
5 515
-
2 901
-
pensions
7 149
-
5 213
-
total
14 464
-
9 428
-
Employer
63 206
-
46 104
-
other
2 181
-
1 591
-
social contributions
190
-
138
-
unemployment
2 560
-
1 867
-
pensions
10 386
-
7 572
-
health
4 424
-
3 227
-
total
19 741
-
14 395
-
Corporate
-
60 500
-
-
surtax
-
-
-
-
income
-
16 941
-
-
total
-
16 941
-
-
Dividends
-
43 559
-
-
surtax
-
-
-
-
social contributions
-
7 494
-
-
withholding
-
5 575
-
-
total
-
13 069
-
-
Income
60 500
60 500
60 500
60 500
Total tax
34 205
30 010
23 823
24 301
After tax
26 295
30 490
36 677
36 199
Living cost
48 742
48 742
48 742
48 742
Free-cash
-22 446
-18 251
-12 065
-12 542

Estimated living cost  is ₽48742 per week

₽32987
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24115
₽20725
₽16794
₽18489
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
61
social contributions
-
-
-
13 310
total
-
-
-
13 371
Employee
32 444
-
52 380
-
income
-
-
151
-
social contributions
2 109
-
3 405
-
total
2 109
-
3 556
-
Employer
32 444
-
52 380
-
social contributions
5 029
-
8 120
-
total
5 029
-
8 120
-
Corporate
23 027
60 500
-
-
income
2 302
6 050
-
-
total
2 302
6 050
-
-
Dividends
20 725
54 450
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
9 440
6 050
11 676
13 371
After tax
51 060
54 450
48 824
47 129
Living cost
30 335
30 335
30 335
30 335
Free-cash
20 725
24 115
18 489
16 794

Estimated living cost  is ₽30335 per week

₽19614
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽159471
-₽159471
-₽9514
-₽159471
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
9 946
pensions
-
-
-
875
national
-
-
-
5 800
labour market
-
-
-
4 770
total
-
-
-
21 391
Employee
205 225
205 225
205 225
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 701
43 701
43 701
-
pensions
292
292
292
-
total
85 460
85 460
85 460
-
Employer
205 225
205 225
205 225
-
labour market
16 418
16 418
16 418
-
municipal
43 771
43 771
43 771
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 888
85 888
85 888
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
171 348
171 348
171 348
21 391
After tax
-110 848
-110 848
-110 848
39 109
Living cost
48 623
48 623
48 623
48 623
Free-cash
-159 471
-159 471
-159 471
-9 514

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16842
₽1565
₽20033
₽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
-
-
-
60 500
accident
-
-
-
253
income
-
-
-
11 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 724
Employee
34 203
-
50 257
-
health
3 917
-
5 754
-
income
4 692
-
7 043
-
pensions
3 852
-
5 659
-
total
12 461
-
18 456
-
Employer
34 203
-
50 257
-
accident
571
-
839
-
unemployment
838
-
1 231
-
pensions
5 561
-
8 172
-
total
6 970
-
10 242
-
Corporate
19 326
60 500
-
-
income

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

17 394
54 450
-
-
total
17 394
54 450
-
-
Dividends
1 932
6 050
-
-
withholding
367
1 149
-
-
total
367
1 149
-
-
Income
60 500
60 500
60 500
60 500
Total tax
37 192
55 599
28 698
18 724
After tax
23 308
4 901
31 802
41 776
Living cost
21 743
21 743
21 743
21 743
Free-cash
1 565
-16 842
10 059
20 033

Estimated living cost  is ₽21743 per week

₽15827
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1239
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2966
-₽2613
₽7810
-₽1511
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
60 500
municipal
-
-
-
10 797
health
-
-
-
511
national
-
-
-
2 637
total
-
-
-
13 945
Employee
53 094
-
50 894
-
health
396
-
362
-
municipal
8 696
-
8 340
-
pensions
3 583
-
3 436
-
unemployment
797
-
764
-
national
877
-
758
-
total
14 349
-
13 660
-
Employer
53 094
-
50 894
-
accident
54
-
52
-
unemployment
345
-
331
-
pensions
9 212
-
8 830
-
health
408
-
393
-
total
10 019
-
9 606
-
Corporate
-
60 500
-
-
income
-
12 100
-
-
total
-
12 100
-
-
Dividends

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

-
36 300
-
-
national
-
155
-
-
municipal
-
6 534
-
-
total
-
6 689
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 368
18 789
23 266
13 945
After tax
36 132
41 711
37 234
46 555
Living cost
38 745
38 745
38 745
38 745
Free-cash
-2 613
2 966
-1 511
7 810

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14317
₽15661
₽23719
₽18204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
2 434
health
-
-
-
1 544
social contributions
-
-
-
9 438
total
-
-
-
13 416
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 558
-
health
601
1 319
935
-
income
8 449
7 183
7 863
-
total
11 984
14 942
13 356
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 558
-
health
653
1 436
1 017
-
total
3 587
7 876
5 575
-
Corporate
21 563
-
-
-
income
2 695
-
-
-
total
2 695
-
-
-
Dividends
18 869
-
-
-
withholding
3 208
-
-
-
total
3 208
-
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 474
22 818
18 931
13 416
After tax
39 026
37 682
41 569
47 084
Living cost
23 365
23 365
23 365
23 365
Free-cash
15 661
14 317
18 204
23 719

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
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.
₽6553
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34078
₽28941
₽29189
₽21435
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
60 500
income
-
-
-
5 188
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 288
Employee

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

23 164
-
54 850
-
health
1 969
-
4 663
-
income
1 584
-
4 229
-
pensions
3 474
-
8 227
-
unemployment
115
-
274
-
total
7 142
-
17 393
-
Employer

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

23 164
-
54 850
-
unemployment
115
-
274
-
pensions
1 274
-
3 016
-
health
996
-
2 359
-
total
2 385
-
5 649
-
Corporate
34 952
60 500
-
-
income
3 146
5 445
-
-
total
3 146
5 445
-
-
Dividends
31 805
55 055
-
-
withholding
2 863
4 954
-
-
total
2 863
4 954
-
-
Income
60 500
60 500
60 500
60 500
Total tax
15 536
10 399
23 042
15 288
After tax
44 964
50 101
37 458
45 212
Living cost
16 023
16 023
16 023
16 023
Free-cash
28 941
34 078
21 435
29 189

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
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.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13104
₽7774
₽5409
₽5838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
544
income
-
-
-
9 191
pensions
-
-
-
17 121
other
-
-
-
61
unemployment
-
-
-
423
total
-
-
-
27 340
Employee
37 315
-
45 874
-
other
36
-
46
-
income
7 194
-
9 375
-
pensions
1 754
-
2 156
-
unemployment
578
-
710
-
total
9 562
-
12 287
-
Employer
37 315
-
45 874
-
accident
739
-
908
-
other
299
-
368
-
unemployment
2 053
-
2 522
-
pensions
8 806
-
10 826
-
total
11 897
-
14 624
-
Corporate
11 289
60 500
-
-
income

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

1 693
9 076
-
-
total
1 693
9 076
-
-
Dividends
9 596
51 424
-
-
withholding
1 823
10 569
-
-
total
1 823
10 569
-
-
Income
60 500
60 500
60 500
60 500
Total tax
24 975
19 645
26 911
27 340
After tax
35 525
40 855
33 589
33 160
Living cost
27 751
27 751
27 751
27 751
Free-cash
7 774
13 104
5 838
5 409

Estimated living cost  is ₽27751 per week

₽18731
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
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.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34996
₽34542
₽34951
₽34753
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
19 326
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
22 793
Employee
4 198
-
58 238
-
health
210
-
503
-
income
812
-
19 220
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
20 729
-
Employer
4 198
-
58 238
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
55 358
60 500
-
-
income
12 179
13 310
-
-
total
12 179
13 310
-
-
Dividends
43 179
47 190
-
-
withholding
8 636
9 438
-
-
total
8 636
9 438
-
-
Income
60 500
60 500
60 500
60 500
Total tax
23 202
22 748
22 991
22 793
After tax
37 298
37 752
37 509
37 707
Living cost
2 756
2 756
2 756
2 756
Free-cash
34 542
34 996
34 753
34 951

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽26258
₽21294
₽12412
₽15016
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
income
-
-
-
7 765
pensions
-
-
-
15 730
unemployment
-
-
-
908
health
-
-
-
6 232
total
-
-
-
30 635
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.

26 319
-
51 315
-
health
1 355
-
2 643
-
income
3 628
-
8 633
-
pensions
3 685
-
7 184
-
unemployment
197
-
385
-
total
8 865
-
18 845
-
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.

26 319
-
51 315
-
unemployment
197
-
385
-
pensions
3 158
-
6 158
-
health
1 355
-
2 643
-
total
4 710
-
9 186
-
Corporate
29 470
60 500
-
-
income
4 421
9 075
-
-
total
4 421
9 075
-
-
Dividends
25 050
51 425
-
-
withholding
3 757
7 714
-
-
total
3 757
7 714
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 753
16 789
28 031
30 635
After tax
38 747
43 711
32 469
29 865
Living cost
17 453
17 453
17 453
17 453
Free-cash
21 294
26 258
15 016
12 412

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7206
₽6842
₽7612
₽5879
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
income
-
-
-
4 658
surtax
-
-
-
-
social contributions

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

-
-
-
21 024
total
-
-
-
25 682
Employee
39 168
-
48 889
-
social contributions
4 309
-
5 378
-
surtax
-
-
-
-
income
7 653
-
10 426
-
total
11 962
-
15 804
-
Employer
39 168
-
48 889
-
social contributions
9 302
-
11 611
-
total
9 302
-
11 611
-
Corporate
12 030
60 500
-
-
surtax
-
-
-
-
income
2 526
12 705
-
-
total
2 526
12 705
-
-
Dividends
9 504
47 795
-
-
withholding
2 662
13 383
-
-
total
2 662
13 383
-
-
Income
60 500
60 500
60 500
60 500
Total tax
26 452
26 088
27 415
25 682
After tax
34 048
34 412
33 085
34 818
Living cost
27 206
27 206
27 206
27 206
Free-cash
6 842
7 206
5 879
7 612

Estimated living cost  is ₽27206 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5388
-₽3779
-₽2307
-₽1878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
544
income
-
-
-
9 191
pensions
-
-
-
17 121
other
-
-
-
61
unemployment
-
-
-
423
total
-
-
-
27 340
Employee
48 738
-
45 874
-
other
48
-
46
-
income
10 180
-
9 375
-
pensions
2 290
-
2 156
-
unemployment
755
-
710
-
total
13 273
-
12 287
-
Employer
48 738
-
45 874
-
accident
965
-
908
-
other
391
-
368
-
unemployment
2 681
-
2 522
-
pensions
11 502
-
10 826
-
total
15 539
-
14 624
-
Corporate
-
60 500
-
-
income

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

-
9 076
-
-
total
-
9 076
-
-
Dividends
-
51 424
-
-
withholding
-
10 569
-
-
total
-
10 569
-
-
Income
60 500
60 500
60 500
60 500
Total tax
28 812
19 645
26 911
27 340
After tax
31 688
40 855
33 589
33 160
Living cost
35 467
35 467
35 467
35 467
Free-cash
-3 779
5 388
-1 878
-2 307

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34356
₽28203
₽24637
₽25744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
9 075
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 492
Employee
23 001
-
53 580
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 358
-
pensions

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

2 019
-
3 097
-
total
5 630
-
10 465
-
Employer
23 001
-
53 580
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
32 986
60 500
-
-
income
3 299
6 050
-
-
total
3 299
6 050
-
-
Dividends
29 687
54 450
-
-
withholding
1 484
2 723
-
-
total
1 484
2 723
-
-
Income
60 500
60 500
60 500
60 500
Total tax
14 926
8 773
17 386
18 492
After tax
45 574
51 727
43 114
42 008
Living cost
17 370
17 370
17 370
17 370
Free-cash
28 203
34 356
25 744
24 637

Estimated living cost  is ₽17370 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽7633
₽5570
₽5216
₽7166
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
trade
-
-
-
1 950
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.

-
-
-
7 088
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.

-
-
-
6 894
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.

-
-
-
391
total
-
-
-
16 323
Employee

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

50 212
-
60 500
-
health

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

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

6 894
-
6 894
-
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.

228
-
391
-
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.

4 129
-
7 088
-
total
11 251
-
14 373
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 288
60 500
-
-
surtax

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

84
500
-
-
income
1 544
9 076
-
-
trade
1 477
8 681
-
-
chamber of commerce
169
241
-
-
total
3 274
18 498
-
-
Dividends
7 015
42 002
-
-
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.

75
557
-
-
withholding
1 369
10 117
-
-
total
1 444
10 674
-
-
Income
60 500
60 500
60 500
60 500
Total tax
15 969
29 172
14 373
16 323
After tax
44 531
31 328
46 127
44 177
Living cost
38 961
38 961
38 961
38 961
Free-cash
5 570
-7 633
7 166
5 216

Estimated living cost  is ₽38961 per week

₽26876
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
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.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽15137
-₽18441
-₽10458
-₽10458
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
8 940
social contributions
-
-
-
4 531
total
-
-
-
13 471
Employee
78 939
-
60 500
-
income
14 896
-
8 940
-
social contributions
6 558
-
4 531
-
total
21 454
-
13 471
-
Employer
78 939
-
60 500
-
total
-
-
-
-
Corporate
-
60 500
-
-
income
-
7 563
-
-
total
-
7 563
-
-
Dividends
-
52 937
-
-
withholding
-
10 587
-
-
total
-
10 587
-
-
Income
60 500
60 500
60 500
60 500
Total tax
21 454
18 150
13 471
13 471
After tax
39 046
42 350
47 029
47 029
Living cost
57 487
57 487
57 487
57 487
Free-cash
-18 441
-15 137
-10 458
-10 458

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2640
₽3208
-₽11600
₽7170
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
income
-
-
-
28 726
health

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

-
-
-
6 741
total
-
-
-
35 467
Employee
46 295
-
55 858
-
income
5 023
-
7 413
-
social contributions
4 638
-
4 642
-
total
9 661
-
12 055
-
Employer
46 295
-
55 858
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
9 567
60 500
-
-
income
3 348
21 175
-
-
total
3 348
21 175
-
-
Dividends
6 219
39 325
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
60 500
60 500
60 500
60 500
Total tax
20 659
26 507
16 697
35 467
After tax
39 841
33 993
43 803
25 033
Living cost
36 633
36 633
36 633
36 633
Free-cash
3 208
-2 640
7 170
-11 600

Estimated living cost  is ₽36633 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽7715
₽2000
₽7782
₽1589
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
income
-
-
-
11 350
pensions
-
-
-
3 753
total
-
-
-
15 103
Employee
51 632
-
53 941
-
health
674
-
720
-
income
9 403
-
9 800
-
pensions
3 941
-
4 217
-
total
14 018
-
14 737
-
Employer
51 632
-
53 941
-
pensions
5 217
-
5 533
-
health
981
-
1 026
-
total
6 198
-
6 559
-
Corporate
2 670
60 500
-
-
income

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

506
11 495
-
-
total
506
11 495
-
-
Dividends
2 164
49 005
-
-
withholding
163
3 675
-
-
total
163
3 675
-
-
Income
60 500
60 500
60 500
60 500
Total tax
20 885
15 170
21 296
15 103
After tax
39 615
45 330
39 204
45 397
Living cost
37 615
37 615
37 615
37 615
Free-cash
2 000
7 715
1 589
7 782

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽18995
₽1233
₽17880
₽7906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
accident
-
-
-
253
income
-
-
-
11 737
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 724
Employee
37 589
-
50 257
-
health
4 304
-
5 754
-
income
5 157
-
7 043
-
pensions
4 233
-
5 659
-
total
13 694
-
18 456
-
Employer
37 589
-
50 257
-
accident
628
-
839
-
unemployment
921
-
1 231
-
pensions
6 112
-
8 172
-
total
7 661
-
10 242
-
Corporate
15 251
60 500
-
-
income

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

13 726
54 450
-
-
total
13 726
54 450
-
-
Dividends
1 525
6 050
-
-
withholding
290
1 149
-
-
total
290
1 149
-
-
Income
60 500
60 500
60 500
60 500
Total tax
35 371
55 599
28 698
18 724
After tax
25 129
4 901
31 802
41 776
Living cost
23 896
23 896
23 896
23 896
Free-cash
1 233
-18 995
7 906
17 880

Estimated living cost  is ₽23896 per week

₽17537
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1392
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4485
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽37794
₽32887
₽22031
₽22031
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
60 500
work injury
-
-
-
302
health insurance
-
-
-
4 477
income
-
-
-
8 201
pensions
-
-
-
11 132
unemployment
-
-
-
726
total
-
-
-
24 838
Employee

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

21 810
-
60 500
-
work injury
109
-
302
-
income
2 181
-
8 201
-
pensions
4 013
-
11 132
-
health insurance
1 614
-
4 477
-
unemployment
262
-
726
-
total
8 179
-
24 838
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
38 690
60 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
38 690
60 500
-
-
withholding
5 803
9 075
-
-
total
5 803
9 075
-
-
Income
60 500
60 500
60 500
60 500
Total tax
13 982
9 075
24 838
24 838
After tax
46 518
51 425
35 662
35 662
Living cost
13 631
13 631
13 631
13 631
Free-cash
32 887
37 794
22 031
22 031

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽8336
-₽24540
-₽7591
-₽10948
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
60 500
municipal
-
-
-
404
regional
-
-
-
939
national
-
-
-
10 985
social contributions
-
-
-
15 560
total
-
-
-
27 888
Employee
85 039
-
60 500
-
social contributions
28 675
-
20 401
-
regional
1 284
-
807
-
municipal
507
-
360
-
national
14 371
-
9 677
-
total
44 837
-
31 245
-
Employer
85 039
-
60 500
-
total
-
-
-
-
Corporate
-
60 500
-
-
nationa
-
14 520
-
-
municipal
-
2 917
-
-
total
-
17 437
-
-
Dividends
-
43 063
-
-
withholding
-
11 196
-
-
total
-
11 196
-
-
Income
60 500
60 500
60 500
60 500
Total tax
44 837
28 633
31 245
27 888
After tax
15 663
31 867
29 255
32 612
Living cost
40 203
40 203
40 203
40 203
Free-cash
-24 540
-8 336
-10 948
-7 591

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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