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
₽ 61000
per

Your estimated
City
free-cash

Dresden , Germany
₽389
₽11552
₽13686
₽15904
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
trade
-
-
-
2 218
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.

-
-
-
7 237
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.

-
-
-
398
total
-
-
-
16 747
Employee

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

38 599
-
61 000
-
health

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

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

6 894
-
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
-
398
-
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
-
7 237
-
total
8 031
-
14 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 401
61 000
-
-
surtax

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

186
504
-
-
income
3 361
9 150
-
-
trade
3 528
9 608
-
-
chamber of commerce
186
241
-
-
total
7 261
19 503
-
-
Dividends
15 141
41 497
-
-
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.

188
550
-
-
withholding
3 401
9 991
-
-
total
3 589
10 541
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 881
30 044
14 529
16 747
After tax
42 119
30 956
46 471
44 253
Living cost
30 567
30 567
30 567
30 567
Free-cash
11 552
389
15 904
13 686

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
-₽12930
-₽25224
-₽12910
-₽12431
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
5 860
pensions
-
-
-
7 320
national
-
-
-
9 080
social contributions
-
-
-
656
total
-
-
-
22 916
Employee
79 050
-
52 734
-
municipal
9 764
-
6 096
-
pensions
3 162
-
2 109
-
national
15 130
-
9 446
-
total
28 056
-
17 651
-
Employer
79 050
-
52 734
-
social contributions
850
-
567
-
pensions
6 324
-
4 219
-
total
7 174
-
4 786
-
Corporate
-
61 000
-
-
income

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

-
12 200
-
-
total
-
12 200
-
-
Dividends
-
48 800
-
-
withholding
-
10 736
-
-
total
-
10 736
-
-
Income
61 000
61 000
61 000
61 000
Total tax
35 230
22 936
22 437
22 916
After tax
25 770
38 064
38 563
38 084
Living cost
50 994
50 994
50 994
50 994
Free-cash
-25 224
-12 930
-12 431
-12 910

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
₽27806
₽19527
₽27678
₽13842
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
microenterprise
-
-
-
9 150
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
-
-
-
12 327
Employee
29 488
-
49 157
-
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
-
5 408
-
surtax
-
-
-
-
income
5 249
-
8 912
-
total
8 493
-
14 320
-
Employer
29 488
-
49 157
-
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
-
11 843
-
surtax
-
-
-
-
total
7 103
-
11 843
-
Corporate
24 409
61 000
-
-
income

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

4 882
12 199
-
-
total
4 882
12 199
-
-
Dividends

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

19 527
48 801
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
20 478
12 199
26 163
12 327
After tax
40 522
48 801
34 837
48 673
Living cost
20 995
20 995
20 995
20 995
Free-cash
19 527
27 806
13 842
27 678

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
-₽33547
-₽39212
-₽7430
-₽39212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
5 808
pensions
-
-
-
10 981
health
-
-
-
9 365
total
-
-
-
26 154
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
61 000
61 000
61 000
61 000
Total tax
57 936
52 271
57 936
26 154
After tax
3 064
8 729
3 064
34 846
Living cost
42 276
42 276
42 276
42 276
Free-cash
-39 212
-33 547
-39 212
-7 430

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
-₽5684
-₽12014
-₽8581
-₽6416
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
12 920
accident
-
-
-
122
pensions
-
-
-
6 594
other
-
-
-
7 088
unemployment
-
-
-
61
health
-
-
-
3 806
national
-
-
-
-
total
-
-
-
30 591
Employee
55 558
-
46 416
-
municipal
16 567
-
13 841
-
national
-
-
-
-
total
16 567
-
13 841
-
Employer
55 558
-
46 416
-
accident
111
-
93
-
other
6 456
-
5 394
-
unemployment
1 467
-
1 225
-
pensions
6 006
-
5 018
-
health
3 417
-
2 855
-
total
17 457
-
14 585
-
Corporate
-
61 000
-
-
income
-
13 420
-
-
total
-
13 420
-
-
Dividends
-
47 580
-
-
withholding
-
14 274
-
-
total
-
14 274
-
-
Income
61 000
61 000
61 000
61 000
Total tax
34 024
27 694
28 426
30 591
After tax
26 976
33 306
32 574
30 409
Living cost
38 990
38 990
38 990
38 990
Free-cash
-12 014
-5 684
-6 416
-8 581

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
-₽9000
₽5180
₽4512
₽6827
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
trade
-
-
-
2 315
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.

-
-
-
7 237
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.

-
-
-
398
total
-
-
-
16 844
Employee

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

51 177
-
61 000
-
health

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

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

6 894
-
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
-
398
-
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
-
7 237
-
total
11 532
-
14 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 823
61 000
-
-
surtax

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

80
504
-
-
income
1 473
9 150
-
-
trade
1 616
10 035
-
-
chamber of commerce
167
239
-
-
total
3 336
19 928
-
-
Dividends
6 487
41 072
-
-
surtax

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

69
544
-
-
withholding
1 239
9 884
-
-
total
1 308
10 428
-
-
Income
61 000
61 000
61 000
61 000
Total tax
16 176
30 356
14 529
16 844
After tax
44 824
30 644
46 471
44 156
Living cost
39 644
39 644
39 644
39 644
Free-cash
5 180
-9 000
6 827
4 512

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
₽5450
₽7961
₽14681
₽9259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
2 516
health
-
-
-
1 555
social contributions
-
-
-
9 516
total
-
-
-
13 587
Employee
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 596
-
health
772
1 319
942
-
income
8 149
7 183
7 850
-
total
12 692
14 942
13 388
-
Employer
77 600
77 600
77 600
-
social contributions
3 771
6 440
4 596
-
health
841
1 436
1 025
-
total
4 612
7 876
5 621
-
Corporate
10 965
-
-
-
income
1 371
-
-
-
total
1 371
-
-
-
Dividends
9 594
-
-
-
withholding
1 632
-
-
-
total
1 632
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
20 307
22 818
19 009
13 587
After tax
40 693
38 182
41 991
47 413
Living cost
32 732
32 732
32 732
32 732
Free-cash
7 961
5 450
9 259
14 681

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
₽16176
₽16556
₽23921
₽17025
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
7 457
pensions
-
-
-
6 100
unemployment
-
-
-
915
health
-
-
-
4 270
total
-
-
-
18 742
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
51 046
-
health
1 853
737
3 573
-
income
3 236
1 288
6 240
-
pensions
2 647
1 053
5 105
-
unemployment
397
158
766
-
total
8 133
3 236
15 684
-
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
51 046
-
pensions
5 162
2 054
9 954
-
total
5 162
2 054
9 954
-
Corporate
29 369
48 411
-
-
income
2 643
4 357
-
-
total
2 643
4 357
-
-
Dividends
26 726
44 054
-
-
social contributions
5 091
8 470
-
-
withholding
5 078
8 370
-
-
total
10 169
16 840
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 107
26 487
25 638
18 742
After tax
34 893
34 513
35 362
42 258
Living cost
18 337
18 337
18 337
18 337
Free-cash
16 556
16 176
17 025
23 921

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
₽24426
₽18155
₽9142
₽11263
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
7 354
pensions
-
-
-
12 199
health
-
-
-
7 930
total
-
-
-
27 483
Employee
28 629
-
45 591
-
income
3 223
-
8 311
-
pensions
573
-
912
-
unemployment
458
-
730
-
total
4 254
-
9 953
-
Employer
28 629
-
45 591
-
unemployment
230
-
364
-
pensions
5 726
-
9 118
-
health
3 721
-
5 927
-
total
9 677
-
15 409
-
Corporate
22 695
61 000
-
-
income
4 539
12 199
-
-
total
4 539
12 199
-
-
Dividends
18 156
48 801
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
18 470
12 199
25 362
27 483
After tax
42 530
48 801
35 638
33 517
Living cost
24 375
24 375
24 375
24 375
Free-cash
18 155
24 426
11 263
9 142

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
-₽17128
₽1555
₽20047
₽9952
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
253
income
-
-
-
11 897
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 884
Employee
34 715
-
50 673
-
health
3 975
-
5 802
-
income
4 763
-
7 145
-
pensions
3 909
-
5 705
-
total
12 647
-
18 652
-
Employer
34 715
-
50 673
-
accident
580
-
846
-
unemployment
850
-
1 242
-
pensions
5 645
-
8 239
-
total
7 075
-
10 327
-
Corporate
19 210
61 000
-
-
income

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

17 289
54 900
-
-
total
17 289
54 900
-
-
Dividends
1 921
6 100
-
-
withholding
365
1 159
-
-
total
365
1 159
-
-
Income
61 000
61 000
61 000
61 000
Total tax
37 376
56 059
28 979
18 884
After tax
23 624
4 941
32 021
42 116
Living cost
22 069
22 069
22 069
22 069
Free-cash
1 555
-17 128
9 952
20 047

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
₽48871
₽47170
₽51311
₽39721
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
61 000
microenterprise

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

-
-
-
610
total
-
-
-
610
Employee
11 349
-
61 000
-
income
2 269
-
12 200
-
total
2 269
-
12 200
-
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%.

49 651
61 000
-
-
total
-
-
-
-
Dividends
49 651
61 000
-
-
withholding
2 482
3 050
-
-
total
2 482
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
4 751
3 050
12 200
610
After tax
56 249
57 950
48 800
60 390
Living cost
9 079
9 079
9 079
9 079
Free-cash
47 170
48 871
39 721
51 311

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
₽17928
₽11112
₽6140
₽8865
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
7 748
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.

-
-
-
14 639
other
-
-
-
2 898
health
-
-
-
2 685
total
-
-
-
27 970
Employee
36 642
-
48 722
-
health
513
-
682
-
income
6 308
-
8 388
-
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
-
3 411
-
unemployment
366
-
486
-
total
9 751
-
12 967
-
Employer
36 642
-
48 722
-
accident
293
-
391
-
other
1 833
-
2 436
-
unemployment
366
-
486
-
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
-
8 283
-
health
513
-
682
-
total
9 235
-
12 278
-
Corporate
15 124
61 000
-
-
income
3 175
12 810
-
-
total
3 175
12 810
-
-
Dividends
11 948
48 190
-
-
withholding
837
3 372
-
-
total
837
3 372
-
-
Income
61 000
61 000
61 000
61 000
Total tax
22 998
16 182
25 245
27 970
After tax
38 002
44 818
35 755
33 030
Living cost
26 890
26 890
26 890
26 890
Free-cash
11 112
17 928
8 865
6 140

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
-₽22025
-₽47957
-₽21966
-₽28228
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
11 441
pensions
-
-
-
3 798
total
-
-
-
15 239
Employee
95 823
-
54 374
-
health
1 579
-
729
-
income
17 273
-
9 875
-
pensions
9 244
-
4 271
-
total
28 096
-
14 875
-
Employer
95 823
-
54 374
-
pensions
11 314
-
5 593
-
health
1 820
-
1 033
-
total
13 134
-
6 626
-
Corporate
-
61 000
-
-
income

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

-
11 591
-
-
total
-
11 591
-
-
Dividends
-
49 409
-
-
withholding
-
3 707
-
-
total
-
3 707
-
-
Income
61 000
61 000
61 000
61 000
Total tax
41 230
15 298
21 501
15 239
After tax
19 770
45 702
39 499
45 761
Living cost
67 727
67 727
67 727
67 727
Free-cash
-47 957
-22 025
-28 228
-21 966

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
₽38916
₽34226
₽29194
₽30325
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 150
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
-
-
-
18 567
Employee
17 531
-
54 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 408
-
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
-
10 515
-
Employer
17 531
-
54 080
-
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
40 029
61 000
-
-
income
4 003
6 100
-
-
total
4 003
6 100
-
-
Dividends
36 026
54 900
-
-
withholding
1 801
2 745
-
-
total
1 801
2 745
-
-
Income
61 000
61 000
61 000
61 000
Total tax
13 535
8 845
17 436
18 567
After tax
47 465
52 155
43 564
42 433
Living cost
13 239
13 239
13 239
13 239
Free-cash
34 226
38 916
30 325
29 194

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
-₽47231
-₽48944
-₽21114
-₽52896
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
5 808
pensions
-
-
-
10 981
health
-
-
-
9 365
total
-
-
-
26 154
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
61 000
61 000
61 000
61 000
Total tax
53 984
52 271
57 936
26 154
After tax
7 016
8 729
3 064
34 846
Living cost
55 960
55 960
55 960
55 960
Free-cash
-48 944
-47 231
-52 896
-21 114

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
₽17829
₽9206
₽5540
₽6784
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
5 243
health
-
-
-
8 235
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 812
total
-
-
-
31 290
Employee
35 544
-
45 522
-
social contributions
2 310
-
2 959
-
health
4 798
-
6 146
-
solidarity contribution
-
-
-
-
income
4 265
-
5 463
-
total
11 373
-
14 568
-
Employer
35 544
-
45 522
-
social contributions
8 886
-
11 381
-
health
3 199
-
4 097
-
total
12 085
-
15 478
-
Corporate
13 371
61 000
-
-
income
2 541
11 590
-
-
total
2 541
11 590
-
-
Dividends
10 831
49 410
-
-
withholding
1 625
7 411
-
-
total
1 625
7 411
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 624
19 001
30 046
31 290
After tax
33 376
41 999
30 954
29 710
Living cost
24 170
24 170
24 170
24 170
Free-cash
9 206
17 829
6 784
5 540

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
-₽10038
-₽28688
-₽9334
-₽12783
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
362
regional
-
-
-
616
national
-
-
-
11 085
social contributions
-
-
-
15 688
total
-
-
-
27 751
Employee
89 689
-
61 000
-
social contributions
30 243
-
20 570
-
regional
846
-
539
-
municipal
475
-
324
-
national
15 541
-
9 767
-
total
47 105
-
31 200
-
Employer
89 689
-
61 000
-
total
-
-
-
-
Corporate
-
61 000
-
-
nationa
-
14 641
-
-
municipal
-
2 379
-
-
total
-
17 020
-
-
Dividends
-
43 981
-
-
withholding
-
11 435
-
-
total
-
11 435
-
-
Income
61 000
61 000
61 000
61 000
Total tax
47 105
28 455
31 200
27 751
After tax
13 895
32 545
29 800
33 249
Living cost
42 583
42 583
42 583
42 583
Free-cash
-28 688
-10 038
-12 783
-9 334

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
₽16098
₽12960
₽11956
₽10637
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 382
pensions
-
-
-
12 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 330
surtax
-
-
-
634
total
-
-
-
26 775
Employee
33 373
-
50 390
-
other
-
-
-
-
health
852
-
1 285
-
surtax
109
-
534
-
income
5 594
-
8 802
-
pensions
2 225
-
3 361
-
unemployment
2 323
-
3 507
-
total
11 103
-
17 489
-
Employer
33 373
-
50 390
-
other
-
-
-
-
unemployment
1 057
-
1 597
-
pensions
4 449
-
6 716
-
health
1 519
-
2 292
-
total
7 025
-
10 605
-
Corporate
20 603
61 000
-
-
income
5 356
15 861
-
-
total
5 356
15 861
-
-
Dividends
15 246
45 139
-
-
withholding
2 287
6 772
-
-
total
2 287
6 772
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 771
22 633
28 094
26 775
After tax
35 229
38 367
32 906
34 225
Living cost
22 269
22 269
22 269
22 269
Free-cash
12 960
16 098
10 637
11 956

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
-₽567
-₽11390
-₽508
-₽6770
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
11 441
pensions
-
-
-
3 798
total
-
-
-
15 239
Employee
64 218
-
54 374
-
health
932
-
729
-
income
11 566
-
9 875
-
pensions
5 451
-
4 271
-
total
17 949
-
14 875
-
Employer
64 218
-
54 374
-
pensions
6 952
-
5 593
-
health
1 220
-
1 033
-
total
8 172
-
6 626
-
Corporate
-
61 000
-
-
income

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

-
11 591
-
-
total
-
11 591
-
-
Dividends
-
49 409
-
-
withholding
-
3 707
-
-
total
-
3 707
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 121
15 298
21 501
15 239
After tax
34 879
45 702
39 499
45 761
Living cost
46 269
46 269
46 269
46 269
Free-cash
-11 390
-567
-6 770
-508

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
-₽48379
-₽36763
-₽24623
-₽27728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
city
-
-
-
643
pensions
-
-
-
5 612
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.

-
-
-
1 220
regional
-
-
-
1 430
health
-
-
-
249
national
-
-
-
196
total
-
-
-
9 350
Employee
89 259
-
54 598
-
city
958
-
586
-
regional
2 923
-
1 199
-
health
202
-
123
-
pensions
7 499
-
4 586
-
unemployment
-
-
-
-
national
422
-
161
-
total
12 004
-
6 655
-
Employer
89 259
-
54 598
-
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
-
1 091
-
unemployment
-
-
-
-
pensions
7 499
-
4 586
-
health
202
-
123
-
total
9 486
-
5 800
-
Corporate
-
61 000
-
-
regional
-
12 902
-
-
national
-
5 185
-
-
total
-
18 087
-
-
Dividends
-
42 913
-
-
withholding
-
15 019
-
-
total
-
15 019
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 490
33 106
12 455
9 350
After tax
39 510
27 894
48 545
51 650
Living cost
76 273
76 273
76 273
76 273
Free-cash
-36 763
-48 379
-27 728
-24 623

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
-₽15902
₽84
-₽2175
₽240
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
trade
-
-
-
2 415
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.

-
-
-
7 237
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.

-
-
-
398
total
-
-
-
16 944
Employee

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

60 649
-
61 000
-
health

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

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

6 894
-
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
-
398
-
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
-
7 237
-
total
14 419
-
14 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
351
61 000
-
-
surtax

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

2
504
-
-
income
52
9 150
-
-
trade
59
10 462
-
-
chamber of commerce
153
239
-
-
total
266
20 355
-
-
Dividends
85
40 645
-
-
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.

-
538
-
-
withholding
-
9 778
-
-
total
-
10 316
-
-
Income
61 000
61 000
61 000
61 000
Total tax
14 685
30 671
14 529
16 944
After tax
46 315
30 329
46 471
44 056
Living cost
46 230
46 230
46 230
46 230
Free-cash
84
-15 902
240
-2 175

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
-₽3784
₽2181
₽1960
₽2427
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
2 882
pensions
-
-
-
17 475
other
-
-
-
1 890
health
-
-
-
529
surtax
-
-
-
-
social contributions
-
-
-
1 737
total
-
-
-
24 513
Employee
43 191
-
46 484
-
social contributions
1 231
-
1 323
-
surtax
-
-
-
-
income
2 549
-
2 947
-
pensions
4 883
-
5 259
-
total
8 663
-
9 529
-
Employer
43 191
-
46 484
-
other
1 490
-
1 603
-
social contributions
130
-
140
-
unemployment
1 748
-
1 883
-
pensions
7 095
-
7 637
-
health
3 024
-
3 254
-
total
13 487
-
14 517
-
Corporate
4 321
61 000
-
-
surtax
-
-
-
-
income
1 210
17 081
-
-
total
1 210
17 081
-
-
Dividends
3 111
43 919
-
-
surtax
-
-
-
-
social contributions
534
7 555
-
-
withholding
398
5 621
-
-
total
932
13 176
-
-
Income
61 000
61 000
61 000
61 000
Total tax
24 292
30 257
24 046
24 513
After tax
36 708
30 743
36 954
36 487
Living cost
34 527
34 527
34 527
34 527
Free-cash
2 181
-3 784
2 427
1 960

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
-₽363
₽5245
₽5381
₽5848
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
2 882
pensions
-
-
-
17 475
other
-
-
-
1 890
health
-
-
-
529
surtax
-
-
-
-
social contributions
-
-
-
1 737
total
-
-
-
24 513
Employee
38 554
-
46 484
-
social contributions
1 099
-
1 323
-
surtax
-
-
-
-
income
1 988
-
2 947
-
pensions
4 361
-
5 259
-
total
7 448
-
9 529
-
Employer
38 554
-
46 484
-
other
1 331
-
1 603
-
social contributions
115
-
140
-
unemployment
1 561
-
1 883
-
pensions
6 335
-
7 637
-
health
2 698
-
3 254
-
total
12 040
-
14 517
-
Corporate
10 406
61 000
-
-
surtax
-
-
-
-
income
2 913
17 081
-
-
total
2 913
17 081
-
-
Dividends
7 493
43 919
-
-
surtax
-
-
-
-
social contributions
1 289
7 555
-
-
withholding
959
5 621
-
-
total
2 248
13 176
-
-
Income
61 000
61 000
61 000
61 000
Total tax
24 649
30 257
24 046
24 513
After tax
36 351
30 743
36 954
36 487
Living cost
31 106
31 106
31 106
31 106
Free-cash
5 245
-363
5 848
5 381

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
₽15815
₽16340
₽17775
₽15057
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 150
health
-
-
-
4 257
social contributions
-
-
-
8 419
total
-
-
-
21 826
Employee
34 217
-
61 000
-
social contributions
4 723
-
8 419
-
health
2 388
-
4 257
-
income
5 707
-
11 868
-
total
12 818
-
24 544
-
Employer
34 217
-
61 000
-
total
-
-
-
-
Corporate
26 783
61 000
-
-
income

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

1 339
3 051
-
-
total
1 339
3 051
-
-
Dividends
25 445
57 949
-
-
health
1 775
4 045
-
-
social contributions
3 512
7 997
-
-
withholding
3 817
8 693
-
-
total
9 104
20 735
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 261
23 786
24 544
21 826
After tax
37 739
37 214
36 456
39 174
Living cost
21 399
21 399
21 399
21 399
Free-cash
16 340
15 815
15 057
17 775

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
-₽693
-₽5103
-₽2031
-₽12562
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
chamber of commerce
-
-
-
243
income
-
-
-
4 887
pensions
-
-
-
11 286
unemployment
-
-
-
6 190
health
-
-
-
4 667
surtax
-
-
-
199
total
-
-
-
27 472
Employee
50 434
40 217
47 211
-
other
504
402
473
-
health
1 951
1 557
1 827
-
income
5 741
2 966
4 818
-
pensions
5 165
4 117
4 834
-
unemployment
1 513
1 207
1 417
-
total
14 874
10 249
13 369
-
Employer
50 434
40 217
47 211
-
accident
655
523
613
-
other
2 396
1 909
2 243
-
chamber of commerce
201
161
190
-
unemployment
1 513
1 207
1 417
-
surtax
199
199
199
-
pensions
6 329
5 048
5 925
-
payroll
1 513
1 207
1 417
-
health
1 906
1 521
1 785
-
total
14 712
11 775
13 789
-
Corporate
3 830
9 009
43 381
-
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
2 252
10 845
-
total
958
2 252
10 845
-
Dividends
-
6 757
-
-
withholding
-
1 858
-
-
total
-
1 858
-
-
Income
61 000
61 000
61 000
61 000
Total tax
30 544
26 134
38 003
27 472
After tax
30 456
34 866
22 997
33 528
Living cost
35 559
35 559
35 559
35 559
Free-cash
-5 103
-693
-12 562
-2 031

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
-₽2438
-₽32199
-₽4468
-₽10812
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
national
-
-
-
18 093
communal

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

-
-
-
3 219
social contributions
-
-
-
7 360
total
-
-
-
28 672
Employee

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

72 186
-
47 246
-
communal

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

3 765
-
2 465
-
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
-
2 222
-
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
-
3 543
-
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
-
412
-
national
22 193
-
12 621
-
total
35 392
-
21 263
-
Employer

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

72 186
-
47 246
-
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
-
615
-
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
-
689
-
surtax
8 185
-
5 358
-
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
-
4 186
-
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
-
2 905
-
total
21 011
-
13 753
-
Corporate
-
61 000
-
-
surtax
-
243
-
-
income
-
12 199
-
-
total
-
12 442
-
-
Dividends
-
48 558
-
-
withholding

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

-
14 200
-
-
total
-
14 200
-
-
Income
61 000
61 000
61 000
61 000
Total tax
56 403
26 642
35 016
28 672
After tax
4 597
34 358
25 984
32 328
Living cost
36 796
36 796
36 796
36 796
Free-cash
-32 199
-2 438
-10 812
-4 468

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
₽4746
-₽5245
-₽3043
-₽2608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
550
income
-
-
-
9 297
pensions
-
-
-
17 263
other
-
-
-
61
unemployment
-
-
-
427
total
-
-
-
27 598
Employee
50 234
-
46 256
-
other
50
-
46
-
income
10 599
-
9 483
-
pensions
2 361
-
2 174
-
unemployment
779
-
716
-
total
13 789
-
12 419
-
Employer
50 234
-
46 256
-
accident
994
-
915
-
other
400
-
370
-
unemployment
2 763
-
2 543
-
pensions
11 854
-
10 916
-
total
16 011
-
14 744
-
Corporate
-
61 000
-
-
income

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

-
9 150
-
-
total
-
9 150
-
-
Dividends
-
51 850
-
-
withholding
-
10 659
-
-
total
-
10 659
-
-
Income
61 000
61 000
61 000
61 000
Total tax
29 800
19 809
27 163
27 598
After tax
31 200
41 191
33 837
33 402
Living cost
36 445
36 445
36 445
36 445
Free-cash
-5 245
4 746
-2 608
-3 043

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
-₽16620
-₽24554
-₽14732
-₽13524
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
550
income
-
-
-
2 777
pensions
-
-
-
9 759
health
-
-
-
4 575
surtax
-
-
-
3 229
communal
-
-
-
-
total
-
-
-
20 890
Employee
76 423
-
54 489
-
health
3 401
-
2 425
-
surtax
4 684
-
3 340
-
income
7 382
-
3 047
-
pensions
6 113
-
4 359
-
total
21 580
-
13 171
-
Employer
76 423
-
54 489
-
accident
688
-
490
-
pensions
6 113
-
4 359
-
health
2 331
-
1 662
-
total
9 132
-
6 511
-
Corporate
-
61 000
-
-
surtax
-
640
-
-
communal
-
4 117
-
-
income
-
9 150
-
-
total
-
13 907
-
-
Dividends
-
47 093
-
-
income
-
1 806
-
-
withholding
-
7 065
-
-
total
-
8 871
-
-
Income
61 000
61 000
61 000
61 000
Total tax
30 712
22 778
19 682
20 890
After tax
30 288
38 222
41 318
40 110
Living cost
54 842
54 842
54 842
54 842
Free-cash
-24 554
-16 620
-13 524
-14 732

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
₽15700
₽12494
₽11558
₽10239
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 382
pensions
-
-
-
12 199
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 330
surtax
-
-
-
634
total
-
-
-
26 775
Employee
33 985
-
50 390
-
other
-
-
-
-
health
868
-
1 285
-
surtax
121
-
534
-
income
5 697
-
8 802
-
pensions
2 267
-
3 361
-
unemployment
2 365
-
3 507
-
total
11 318
-
17 489
-
Employer
33 985
-
50 390
-
other
-
-
-
-
unemployment
1 078
-
1 597
-
pensions
4 531
-
6 716
-
health
1 545
-
2 292
-
total
7 154
-
10 605
-
Corporate
19 860
61 000
-
-
income
5 163
15 861
-
-
total
5 163
15 861
-
-
Dividends
14 697
45 139
-
-
withholding
2 204
6 772
-
-
total
2 204
6 772
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 839
22 633
28 094
26 775
After tax
35 161
38 367
32 906
34 225
Living cost
22 667
22 667
22 667
22 667
Free-cash
12 494
15 700
10 239
11 558

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
₽4877
₽2637
₽5760
₽2333
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
362
regional
-
-
-
920
national
-
-
-
11 085
social contributions
-
-
-
15 688
total
-
-
-
28 055
Employee
55 980
-
61 000
-
social contributions
18 877
-
20 570
-
regional
754
-
821
-
municipal
297
-
324
-
national
8 869
-
9 767
-
total
28 797
-
31 482
-
Employer
55 980
-
61 000
-
total
-
-
-
-
Corporate
5 020
61 000
-
-
nationa
1 205
14 641
-
-
municipal
249
3 032
-
-
total
1 454
17 673
-
-
Dividends
3 566
43 328
-
-
withholding
927
11 265
-
-
total
927
11 265
-
-
Income
61 000
61 000
61 000
61 000
Total tax
31 178
28 938
31 482
28 055
After tax
29 822
32 062
29 518
32 945
Living cost
27 185
27 185
27 185
27 185
Free-cash
2 637
4 877
2 333
5 760

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
₽12216
₽1589
-₽73
₽1171
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
5 243
health
-
-
-
8 235
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 812
total
-
-
-
31 290
Employee
43 799
-
45 522
-
social contributions
2 847
-
2 959
-
health
5 913
-
6 146
-
solidarity contribution
-
-
-
-
income
5 256
-
5 463
-
total
14 016
-
14 568
-
Employer
43 799
-
45 522
-
social contributions
10 950
-
11 381
-
health
3 942
-
4 097
-
total
14 892
-
15 478
-
Corporate
2 309
61 000
-
-
income
439
11 590
-
-
total
439
11 590
-
-
Dividends
1 870
49 410
-
-
withholding
281
7 411
-
-
total
281
7 411
-
-
Income
61 000
61 000
61 000
61 000
Total tax
29 628
19 001
30 046
31 290
After tax
31 372
41 999
30 954
29 710
Living cost
29 783
29 783
29 783
29 783
Free-cash
1 589
12 216
1 171
-73

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
₽2777
₽2280
₽1531
-₽9153
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
chamber of commerce
-
-
-
243
income
-
-
-
4 887
pensions
-
-
-
11 286
unemployment
-
-
-
6 190
health
-
-
-
4 667
surtax
-
-
-
-
total
-
-
-
27 273
Employee
44 114
40 217
47 366
-
other
440
402
473
-
health
1 706
1 557
1 833
-
income
3 930
2 966
4 862
-
pensions
4 518
4 117
4 851
-
unemployment
1 323
1 207
1 421
-
total
11 917
10 249
13 440
-
Employer
44 114
40 217
47 366
-
accident
573
523
617
-
other
2 095
1 909
2 250
-
chamber of commerce
176
161
190
-
unemployment
1 323
1 207
1 421
-
surtax
-
-
-
-
pensions
5 537
5 048
5 944
-
payroll
1 323
1 207
1 421
-
health
1 668
1 521
1 791
-
total
12 695
11 576
13 634
-
Corporate
4 191
9 208
43 536
-
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.

1 048
2 302
10 883
-
total
1 048
2 302
10 883
-
Dividends
3 144
6 906
-
-
withholding
864
1 900
-
-
total
864
1 900
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 524
26 027
37 957
27 273
After tax
34 476
34 973
23 043
33 727
Living cost
32 196
32 196
32 196
32 196
Free-cash
2 280
2 777
-9 153
1 531

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
₽43801
₽41149
₽46241
₽34651
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
61 000
microenterprise

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

-
-
-
610
total
-
-
-
610
Employee
17 686
-
61 000
-
income
3 537
-
12 200
-
total
3 537
-
12 200
-
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%.

43 314
61 000
-
-
total
-
-
-
-
Dividends
43 314
61 000
-
-
withholding
2 165
3 050
-
-
total
2 165
3 050
-
-
Income
61 000
61 000
61 000
61 000
Total tax
5 702
3 050
12 200
610
After tax
55 298
57 950
48 800
60 390
Living cost
14 149
14 149
14 149
14 149
Free-cash
41 149
43 801
34 651
46 241

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
₽14931
₽6490
₽6242
₽4491
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
income
-
-
-
10 456
pensions
-
-
-
11 140
unemployment
-
-
-
92
health
-
-
-
6 002
total
-
-
-
27 690
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
-
52 780
-
health
2 882
-
3 411
-
income
7 696
-
9 554
-
pensions
6 917
-
8 181
-
unemployment
63
-
75
-
total
17 558
-
21 221
-
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
-
52 780
-
unemployment
27
-
33
-
pensions
3 949
-
4 671
-
health
2 972
-
3 516
-
total
6 948
-
8 220
-
Corporate
9 426
61 000
-
-
income
1 791
11 590
-
-
total
1 791
11 590
-
-
Dividends
7 636
49 410
-
-
withholding
1 145
7 411
-
-
total
1 145
7 411
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 442
19 001
29 441
27 690
After tax
33 558
41 999
31 559
33 310
Living cost
27 068
27 068
27 068
27 068
Free-cash
6 490
14 931
4 491
6 242

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
-₽6468
-₽89594
-₽1424
₽4133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
11 890
social contributions
-
-
-
6 954
total
-
-
-
18 844
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
-
61 000
-
-
income
-
13 420
-
-
total
-
13 420
-
-
Dividends
-
47 580
-
-
income
-
10 468
-
-
total
-
10 468
-
-
Income
61 000
61 000
61 000
61 000
Total tax
107 014
23 888
13 287
18 844
After tax
-46 014
37 112
47 713
42 156
Living cost
43 580
43 580
43 580
43 580
Free-cash
-89 594
-6 468
4 133
-1 424

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
₽3042
₽2027
₽3433
₽1665
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
income
-
-
-
4 715
surtax
-
-
-
-
social contributions

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

-
-
-
21 198
total
-
-
-
25 913
Employee
46 414
-
49 293
-
social contributions
5 106
-
5 422
-
surtax
-
-
-
-
income
9 654
-
10 552
-
total
14 760
-
15 974
-
Employer
46 414
-
49 293
-
social contributions
11 023
-
11 707
-
total
11 023
-
11 707
-
Corporate
3 563
61 000
-
-
surtax
-
-
-
-
income
749
12 810
-
-
total
749
12 810
-
-
Dividends
2 814
48 190
-
-
withholding
787
13 494
-
-
total
787
13 494
-
-
Income
61 000
61 000
61 000
61 000
Total tax
27 319
26 304
27 681
25 913
After tax
33 681
34 696
33 319
35 087
Living cost
31 654
31 654
31 654
31 654
Free-cash
2 027
3 042
1 665
3 433

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
-₽17999
-₽21947
-₽12255
-₽11788
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
2 882
pensions
-
-
-
17 475
other
-
-
-
1 890
health
-
-
-
529
surtax
-
-
-
-
social contributions
-
-
-
1 737
total
-
-
-
24 513
Employee
63 206
-
46 484
-
social contributions
1 800
-
1 323
-
surtax
-
-
-
-
income
5 515
-
2 947
-
pensions
7 149
-
5 259
-
total
14 464
-
9 529
-
Employer
63 206
-
46 484
-
other
2 181
-
1 603
-
social contributions
190
-
140
-
unemployment
2 560
-
1 883
-
pensions
10 386
-
7 637
-
health
4 424
-
3 254
-
total
19 741
-
14 517
-
Corporate
-
61 000
-
-
surtax
-
-
-
-
income
-
17 081
-
-
total
-
17 081
-
-
Dividends
-
43 919
-
-
surtax
-
-
-
-
social contributions
-
7 555
-
-
withholding
-
5 621
-
-
total
-
13 176
-
-
Income
61 000
61 000
61 000
61 000
Total tax
34 205
30 257
24 046
24 513
After tax
26 795
30 743
36 954
36 487
Living cost
48 742
48 742
48 742
48 742
Free-cash
-21 947
-17 999
-11 788
-12 255

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
₽24565
₽21173
₽17166
₽18878
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
80
social contributions
-
-
-
13 419
total
-
-
-
13 499
Employee
32 444
-
52 815
-
income
-
-
170
-
social contributions
2 109
-
3 432
-
total
2 109
-
3 602
-
Employer
32 444
-
52 815
-
social contributions
5 029
-
8 185
-
total
5 029
-
8 185
-
Corporate
23 527
61 000
-
-
income
2 354
6 100
-
-
total
2 354
6 100
-
-
Dividends
21 174
54 900
-
-
total
-
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
9 492
6 100
11 787
13 499
After tax
51 508
54 900
49 213
47 501
Living cost
30 335
30 335
30 335
30 335
Free-cash
21 173
24 565
18 878
17 166

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
-₽158971
-₽158971
-₽9221
-₽158971
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
10 053
pensions
-
-
-
875
national
-
-
-
5 860
labour market
-
-
-
4 810
total
-
-
-
21 598
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
61 000
61 000
61 000
61 000
Total tax
171 348
171 348
171 348
21 598
After tax
-110 348
-110 348
-110 348
39 402
Living cost
48 623
48 623
48 623
48 623
Free-cash
-158 971
-158 971
-158 971
-9 221

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
-₽16802
₽1605
₽20373
₽10278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
253
income
-
-
-
11 897
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 884
Employee
34 203
-
50 673
-
health
3 917
-
5 802
-
income
4 692
-
7 145
-
pensions
3 852
-
5 705
-
total
12 461
-
18 652
-
Employer
34 203
-
50 673
-
accident
571
-
846
-
unemployment
838
-
1 242
-
pensions
5 561
-
8 239
-
total
6 970
-
10 327
-
Corporate
19 826
61 000
-
-
income

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

17 844
54 900
-
-
total
17 844
54 900
-
-
Dividends
1 982
6 100
-
-
withholding
377
1 159
-
-
total
377
1 159
-
-
Income
61 000
61 000
61 000
61 000
Total tax
37 652
56 059
28 979
18 884
After tax
23 348
4 941
32 021
42 116
Living cost
21 743
21 743
21 743
21 743
Free-cash
1 605
-16 802
10 278
20 373

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
₽3294
-₽2113
₽8126
-₽1222
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
61 000
municipal
-
-
-
10 887
health
-
-
-
519
national
-
-
-
2 723
total
-
-
-
14 129
Employee
53 094
-
51 317
-
health
396
-
370
-
municipal
8 696
-
8 409
-
pensions
3 583
-
3 464
-
unemployment
797
-
770
-
national
877
-
781
-
total
14 349
-
13 794
-
Employer
53 094
-
51 317
-
accident
54
-
52
-
unemployment
345
-
333
-
pensions
9 212
-
8 903
-
health
408
-
395
-
total
10 019
-
9 683
-
Corporate
-
61 000
-
-
income
-
12 199
-
-
total
-
12 199
-
-
Dividends

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

-
36 601
-
-
national
-
174
-
-
municipal
-
6 588
-
-
total
-
6 762
-
-
Income
61 000
61 000
61 000
61 000
Total tax
24 368
18 961
23 477
14 129
After tax
36 632
42 039
37 523
46 871
Living cost
38 745
38 745
38 745
38 745
Free-cash
-2 113
3 294
-1 222
8 126

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
₽14817
₽16024
₽24048
₽18626
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
2 516
health
-
-
-
1 555
social contributions
-
-
-
9 516
total
-
-
-
13 587
Employee
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 596
-
health
601
1 319
942
-
income
8 449
7 183
7 850
-
total
11 984
14 942
13 388
-
Employer
77 600
77 600
77 600
-
social contributions
2 934
6 440
4 596
-
health
653
1 436
1 025
-
total
3 587
7 876
5 621
-
Corporate
22 063
-
-
-
income
2 758
-
-
-
total
2 758
-
-
-
Dividends
19 306
-
-
-
withholding
3 282
-
-
-
total
3 282
-
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 611
22 818
19 009
13 587
After tax
39 389
38 182
41 991
47 413
Living cost
23 365
23 365
23 365
23 365
Free-cash
16 024
14 817
18 626
24 048

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
₽34490
₽29356
₽29635
₽21740
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 000
income
-
-
-
5 242
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 342
Employee

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

23 164
-
55 305
-
health
1 969
-
4 702
-
income
1 584
-
4 267
-
pensions
3 474
-
8 296
-
unemployment
115
-
276
-
total
7 142
-
17 541
-
Employer

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

23 164
-
55 305
-
unemployment
115
-
276
-
pensions
1 274
-
3 041
-
health
996
-
2 379
-
total
2 385
-
5 696
-
Corporate
35 452
61 000
-
-
income
3 191
5 491
-
-
total
3 191
5 491
-
-
Dividends
32 261
55 509
-
-
withholding
2 903
4 996
-
-
total
2 903
4 996
-
-
Income
61 000
61 000
61 000
61 000
Total tax
15 621
10 487
23 237
15 342
After tax
45 379
50 513
37 763
45 658
Living cost
16 023
16 023
16 023
16 023
Free-cash
29 356
34 490
21 740
29 635

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
₽13440
₽8118
₽5651
₽6086
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
550
income
-
-
-
9 297
pensions
-
-
-
17 263
other
-
-
-
61
unemployment
-
-
-
427
total
-
-
-
27 598
Employee
37 315
-
46 256
-
other
36
-
46
-
income
7 194
-
9 483
-
pensions
1 754
-
2 174
-
unemployment
578
-
716
-
total
9 562
-
12 419
-
Employer
37 315
-
46 256
-
accident
739
-
915
-
other
299
-
370
-
unemployment
2 053
-
2 543
-
pensions
8 806
-
10 916
-
total
11 897
-
14 744
-
Corporate
11 789
61 000
-
-
income

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

1 768
9 150
-
-
total
1 768
9 150
-
-
Dividends
10 021
51 850
-
-
withholding
1 904
10 659
-
-
total
1 904
10 659
-
-
Income
61 000
61 000
61 000
61 000
Total tax
25 131
19 809
27 163
27 598
After tax
35 869
41 191
33 837
33 402
Living cost
27 751
27 751
27 751
27 751
Free-cash
8 118
13 440
6 086
5 651

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
₽35308
₽34854
₽35276
₽35078
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
19 501
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
22 968
Employee
4 198
-
58 738
-
health
210
-
503
-
income
812
-
19 395
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
20 904
-
Employer
4 198
-
58 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
55 858
61 000
-
-
income
12 289
13 420
-
-
total
12 289
13 420
-
-
Dividends
43 569
47 580
-
-
withholding
8 714
9 516
-
-
total
8 714
9 516
-
-
Income
61 000
61 000
61 000
61 000
Total tax
23 390
22 936
23 166
22 968
After tax
37 610
38 064
37 834
38 032
Living cost
2 756
2 756
2 756
2 756
Free-cash
34 854
35 308
35 078
35 276

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
₽26620
₽21655
₽12646
₽15271
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
income
-
-
-
7 843
pensions
-
-
-
15 860
unemployment
-
-
-
915
health
-
-
-
6 283
total
-
-
-
30 901
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
-
51 739
-
health
1 355
-
2 665
-
income
3 628
-
8 718
-
pensions
3 685
-
7 243
-
unemployment
197
-
388
-
total
8 865
-
19 014
-
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
-
51 739
-
unemployment
197
-
388
-
pensions
3 158
-
6 209
-
health
1 355
-
2 665
-
total
4 710
-
9 262
-
Corporate
29 970
61 000
-
-
income
4 496
9 150
-
-
total
4 496
9 150
-
-
Dividends
25 475
51 850
-
-
withholding
3 821
7 777
-
-
total
3 821
7 777
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 892
16 927
28 276
30 901
After tax
39 108
44 073
32 724
30 099
Living cost
17 453
17 453
17 453
17 453
Free-cash
21 655
26 620
15 271
12 646

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
₽7490
₽7128
₽7881
₽6113
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
income
-
-
-
4 715
surtax
-
-
-
-
social contributions

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

-
-
-
21 198
total
-
-
-
25 913
Employee
39 168
-
49 293
-
social contributions
4 309
-
5 422
-
surtax
-
-
-
-
income
7 653
-
10 552
-
total
11 962
-
15 974
-
Employer
39 168
-
49 293
-
social contributions
9 302
-
11 707
-
total
9 302
-
11 707
-
Corporate
12 530
61 000
-
-
surtax
-
-
-
-
income
2 631
12 810
-
-
total
2 631
12 810
-
-
Dividends
9 899
48 190
-
-
withholding
2 771
13 494
-
-
total
2 771
13 494
-
-
Income
61 000
61 000
61 000
61 000
Total tax
26 666
26 304
27 681
25 913
After tax
34 334
34 696
33 319
35 087
Living cost
27 206
27 206
27 206
27 206
Free-cash
7 128
7 490
6 113
7 881

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
₽5724
-₽3279
-₽2065
-₽1630
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
550
income
-
-
-
9 297
pensions
-
-
-
17 263
other
-
-
-
61
unemployment
-
-
-
427
total
-
-
-
27 598
Employee
48 738
-
46 256
-
other
48
-
46
-
income
10 180
-
9 483
-
pensions
2 290
-
2 174
-
unemployment
755
-
716
-
total
13 273
-
12 419
-
Employer
48 738
-
46 256
-
accident
965
-
915
-
other
391
-
370
-
unemployment
2 681
-
2 543
-
pensions
11 502
-
10 916
-
total
15 539
-
14 744
-
Corporate
-
61 000
-
-
income

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

-
9 150
-
-
total
-
9 150
-
-
Dividends
-
51 850
-
-
withholding
-
10 659
-
-
total
-
10 659
-
-
Income
61 000
61 000
61 000
61 000
Total tax
28 812
19 809
27 163
27 598
After tax
32 188
41 191
33 837
33 402
Living cost
35 467
35 467
35 467
35 467
Free-cash
-3 279
5 724
-1 630
-2 065

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
₽34784
₽28630
₽25062
₽26193
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 150
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
-
-
-
18 567
Employee
23 001
-
54 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 408
-
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
-
10 515
-
Employer
23 001
-
54 080
-
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
33 486
61 000
-
-
income
3 349
6 100
-
-
total
3 349
6 100
-
-
Dividends
30 137
54 900
-
-
withholding
1 507
2 745
-
-
total
1 507
2 745
-
-
Income
61 000
61 000
61 000
61 000
Total tax
14 999
8 845
17 436
18 567
After tax
46 001
52 155
43 564
42 433
Living cost
17 370
17 370
17 370
17 370
Free-cash
28 630
34 784
26 193
25 062

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
-₽7377
₽5829
₽5490
₽7510
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
trade
-
-
-
2 020
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.

-
-
-
7 237
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.

-
-
-
398
total
-
-
-
16 549
Employee

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

50 212
-
61 000
-
health

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

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

6 894
-
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
-
398
-
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
-
7 237
-
total
11 251
-
14 529
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 788
61 000
-
-
surtax

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

88
504
-
-
income
1 618
9 150
-
-
trade
1 547
8 754
-
-
chamber of commerce
169
243
-
-
total
3 422
18 651
-
-
Dividends
7 365
42 349
-
-
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.

80
561
-
-
withholding
1 457
10 204
-
-
total
1 537
10 765
-
-
Income
61 000
61 000
61 000
61 000
Total tax
16 210
29 416
14 529
16 549
After tax
44 790
31 584
46 471
44 451
Living cost
38 961
38 961
38 961
38 961
Free-cash
5 829
-7 377
7 510
5 490

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
-₽14788
-₽17941
-₽10109
-₽10109
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
9 039
social contributions
-
-
-
4 583
total
-
-
-
13 622
Employee
78 939
-
61 000
-
income
14 896
-
9 039
-
social contributions
6 558
-
4 583
-
total
21 454
-
13 622
-
Employer
78 939
-
61 000
-
total
-
-
-
-
Corporate
-
61 000
-
-
income
-
7 626
-
-
total
-
7 626
-
-
Dividends
-
53 374
-
-
withholding
-
10 675
-
-
total
-
10 675
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 454
18 301
13 622
13 622
After tax
39 546
42 699
47 378
47 378
Living cost
57 487
57 487
57 487
57 487
Free-cash
-17 941
-14 788
-10 109
-10 109

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
-₽2314
₽3532
-₽11100
₽7545
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
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
-
56 358
-
income
5 023
-
7 538
-
social contributions
4 638
-
4 642
-
total
9 661
-
12 180
-
Employer
46 295
-
56 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
10 067
61 000
-
-
income
3 524
21 349
-
-
total
3 524
21 349
-
-
Dividends
6 543
39 651
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
61 000
61 000
61 000
61 000
Total tax
20 835
26 681
16 822
35 467
After tax
40 165
34 319
44 178
25 533
Living cost
36 633
36 633
36 633
36 633
Free-cash
3 532
-2 314
7 545
-11 100

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
₽8087
₽2375
₽8146
₽1884
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
income
-
-
-
11 441
pensions
-
-
-
3 798
total
-
-
-
15 239
Employee
51 632
-
54 374
-
health
674
-
729
-
income
9 403
-
9 875
-
pensions
3 941
-
4 271
-
total
14 018
-
14 875
-
Employer
51 632
-
54 374
-
pensions
5 217
-
5 593
-
health
981
-
1 033
-
total
6 198
-
6 626
-
Corporate
3 170
61 000
-
-
income

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

602
11 591
-
-
total
602
11 591
-
-
Dividends
2 568
49 409
-
-
withholding
192
3 707
-
-
total
192
3 707
-
-
Income
61 000
61 000
61 000
61 000
Total tax
21 010
15 298
21 501
15 239
After tax
39 990
45 702
39 499
45 761
Living cost
37 615
37 615
37 615
37 615
Free-cash
2 375
8 087
1 884
8 146

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
-₽18955
₽1274
₽18220
₽8125
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
accident
-
-
-
253
income
-
-
-
11 897
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
18 884
Employee
37 589
-
50 673
-
health
4 304
-
5 802
-
income
5 157
-
7 145
-
pensions
4 233
-
5 705
-
total
13 694
-
18 652
-
Employer
37 589
-
50 673
-
accident
628
-
846
-
unemployment
921
-
1 242
-
pensions
6 112
-
8 239
-
total
7 661
-
10 327
-
Corporate
15 751
61 000
-
-
income

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

14 176
54 900
-
-
total
14 176
54 900
-
-
Dividends
1 575
6 100
-
-
withholding
299
1 159
-
-
total
299
1 159
-
-
Income
61 000
61 000
61 000
61 000
Total tax
35 830
56 059
28 979
18 884
After tax
25 170
4 941
32 021
42 116
Living cost
23 896
23 896
23 896
23 896
Free-cash
1 274
-18 955
8 125
18 220

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
₽38219
₽33311
₽22303
₽22303
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 000
work injury
-
-
-
305
health insurance
-
-
-
4 514
income
-
-
-
8 291
pensions
-
-
-
11 224
unemployment
-
-
-
732
total
-
-
-
25 066
Employee

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

21 810
-
61 000
-
work injury
109
-
305
-
income
2 181
-
8 291
-
pensions
4 013
-
11 224
-
health insurance
1 614
-
4 514
-
unemployment
262
-
732
-
total
8 179
-
25 066
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 190
61 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
39 190
61 000
-
-
withholding
5 879
9 150
-
-
total
5 879
9 150
-
-
Income
61 000
61 000
61 000
61 000
Total tax
14 058
9 150
25 066
25 066
After tax
46 942
51 850
35 934
35 934
Living cost
13 631
13 631
13 631
13 631
Free-cash
33 311
38 219
22 303
22 303

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
-₽8073
-₽24040
-₽7333
-₽10721
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 000
municipal
-
-
-
408
regional
-
-
-
949
national
-
-
-
11 085
social contributions
-
-
-
15 688
total
-
-
-
28 130
Employee
85 039
-
61 000
-
social contributions
28 675
-
20 570
-
regional
1 284
-
817
-
municipal
507
-
364
-
national
14 371
-
9 767
-
total
44 837
-
31 518
-
Employer
85 039
-
61 000
-
total
-
-
-
-
Corporate
-
61 000
-
-
nationa
-
14 641
-
-
municipal
-
2 940
-
-
total
-
17 581
-
-
Dividends
-
43 420
-
-
withholding
-
11 289
-
-
total
-
11 289
-
-
Income
61 000
61 000
61 000
61 000
Total tax
44 837
28 870
31 518
28 130
After tax
16 163
32 130
29 482
32 870
Living cost
40 203
40 203
40 203
40 203
Free-cash
-24 040
-8 073
-10 721
-7 333

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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