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
₽ 61500
per

Your estimated
City
free-cash

Dresden , Germany
₽431
₽11669
₽13820
₽16065
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
trade
-
-
-
2 245
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.

-
-
-
7 309
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.

-
-
-
6 943
surtax

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

-
-
-
401
total
-
-
-
16 898
Employee

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

38 870
-
61 500
-
health

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

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

6 943
-
6 943
-
surtax

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

60
-
401
-
income

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

1 086
-
7 309
-
total
8 089
-
14 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
22 630
61 500
-
-
surtax

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

187
507
-
-
income
3 394
9 224
-
-
trade
3 564
9 687
-
-
chamber of commerce
187
243
-
-
total
7 332
19 661
-
-
Dividends
15 298
41 839
-
-
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.

189
553
-
-
withholding
3 439
10 073
-
-
total
3 628
10 626
-
-
Income
61 500
61 500
61 500
61 500
Total tax
19 049
30 287
14 653
16 898
After tax
42 451
31 213
46 847
44 602
Living cost
30 782
30 782
30 782
30 782
Free-cash
11 669
431
16 065
13 820

Estimated living cost  is ₽30782 per week

₽19363
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3589
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.
₽7255
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽12899
-₽25198
-₽12887
-₽12405
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
5 911
pensions
-
-
-
7 380
national
-
-
-
9 160
social contributions
-
-
-
661
total
-
-
-
23 112
Employee
79 485
-
53 166
-
municipal
9 818
-
6 149
-
pensions
3 179
-
2 127
-
national
15 213
-
9 529
-
total
28 210
-
17 805
-
Employer
79 485
-
53 166
-
social contributions
854
-
572
-
pensions
6 359
-
4 253
-
total
7 213
-
4 825
-
Corporate
-
61 500
-
-
income

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

-
12 300
-
-
total
-
12 300
-
-
Dividends
-
49 200
-
-
withholding
-
10 824
-
-
total
-
10 824
-
-
Income
61 500
61 500
61 500
61 500
Total tax
35 423
23 124
22 630
23 112
After tax
26 077
38 376
38 870
38 388
Living cost
51 275
51 275
51 275
51 275
Free-cash
-25 198
-12 899
-12 405
-12 887

Estimated living cost  is ₽51275 per week

₽34851
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4766
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽767
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10890
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽28057
₽19722
₽27934
₽13978
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
microenterprise
-
-
-
9 224
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 199
total
-
-
-
12 423
Employee
29 696
-
49 560
-
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.

3 267
-
5 452
-
surtax
-
-
-
-
income
5 286
-
8 987
-
total
8 553
-
14 439
-
Employer
29 696
-
49 560
-
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.

7 153
-
11 940
-
surtax
-
-
-
-
total
7 153
-
11 940
-
Corporate
24 651
61 500
-
-
income

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

4 929
12 300
-
-
total
4 929
12 300
-
-
Dividends

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

19 722
49 200
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
20 635
12 300
26 379
12 423
After tax
40 865
49 200
35 121
49 077
Living cost
21 142
21 142
21 142
21 142
Free-cash
19 722
28 057
13 978
27 934

Estimated living cost  is ₽21142 per week

₽13488
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2013
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5161
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽33711
-₽39415
-₽7439
-₽39415
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
5 856
pensions
-
-
-
11 070
health
-
-
-
9 440
total
-
-
-
26 366
Employee
86 784
86 784
86 784
-
health
13 320
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
15 621
11 907
15 621
-
total
43 146
37 442
43 146
-
Employer
86 784
86 784
86 784
-
unemployment
3 124
3 124
3 124
-
pensions
6 040
6 040
6 040
-
health
6 032
6 032
6 032
-
total
15 196
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
58 342
52 638
58 342
26 366
After tax
3 158
8 862
3 158
35 134
Living cost
42 573
42 573
42 573
42 573
Free-cash
-39 415
-33 711
-39 415
-7 439

Estimated living cost  is ₽42573 per week

₽30170
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3838
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽677
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7888
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽5578
-₽11825
-₽8499
-₽6316
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
13 026
accident
-
-
-
123
pensions
-
-
-
6 648
other
-
-
-
7 146
unemployment
-
-
-
61
health
-
-
-
3 838
national
-
-
-
-
total
-
-
-
30 842
Employee
55 795
-
46 796
-
municipal
16 638
-
13 955
-
national
-
-
-
-
total
16 638
-
13 955
-
Employer
55 795
-
46 796
-
accident
112
-
94
-
other
6 483
-
5 438
-
unemployment
1 473
-
1 235
-
pensions
6 031
-
5 059
-
health
3 431
-
2 878
-
total
17 530
-
14 704
-
Corporate
-
61 500
-
-
income
-
13 530
-
-
total
-
13 530
-
-
Dividends
-
47 970
-
-
withholding
-
14 391
-
-
total
-
14 391
-
-
Income
61 500
61 500
61 500
61 500
Total tax
34 168
27 921
28 659
30 842
After tax
27 332
33 579
32 841
30 658
Living cost
39 157
39 157
39 157
39 157
Free-cash
-11 825
-5 578
-6 316
-8 499

Estimated living cost  is ₽39157 per week

₽25951
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3842
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽595
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8768
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9027
₽5250
₽4579
₽6924
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
trade
-
-
-
2 345
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.

-
-
-
7 309
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.

-
-
-
6 943
surtax

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

-
-
-
401
total
-
-
-
16 998
Employee

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

51 537
-
61 500
-
health

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

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

6 943
-
6 943
-
surtax

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

243
-
401
-
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.

4 428
-
7 309
-
total
11 614
-
14 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
9 963
61 500
-
-
surtax

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

83
507
-
-
income
1 495
9 224
-
-
trade
1 639
10 117
-
-
chamber of commerce
168
241
-
-
total
3 385
20 089
-
-
Dividends
6 579
41 410
-
-
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
548
-
-
withholding
1 259
9 967
-
-
total
1 328
10 515
-
-
Income
61 500
61 500
61 500
61 500
Total tax
16 327
30 604
14 653
16 998
After tax
45 173
30 896
46 847
44 502
Living cost
39 923
39 923
39 923
39 923
Free-cash
5 250
-9 027
6 924
4 579

Estimated living cost  is ₽39923 per week

₽26701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4210
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽596
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8416
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5557
₽8072
₽14829
₽9384
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
2 546
health
-
-
-
1 568
social contributions
-
-
-
9 595
total
-
-
-
13 709
Employee
78 145
78 145
78 145
-
social contributions
3 797
6 486
4 634
-
health
777
1 329
949
-
income
8 206
7 234
7 903
-
total
12 780
15 049
13 486
-
Employer
78 145
78 145
78 145
-
social contributions
3 797
6 486
4 634
-
health
847
1 446
1 034
-
total
4 644
7 932
5 668
-
Corporate
11 113
-
-
-
income
1 389
-
-
-
total
1 389
-
-
-
Dividends
9 725
-
-
-
withholding
1 653
-
-
-
total
1 653
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
20 466
22 981
19 154
13 709
After tax
41 034
38 519
42 346
47 791
Living cost
32 962
32 962
32 962
32 962
Free-cash
8 072
5 557
9 384
14 829

Estimated living cost  is ₽32962 per week

₽22533
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2575
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7301
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16383
₽16767
₽24196
₽17242
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
7 518
pensions
-
-
-
6 150
unemployment
-
-
-
922
health
-
-
-
4 305
total
-
-
-
18 895
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.

26 573
10 576
51 464
-
health
1 860
740
3 603
-
income
3 249
1 293
6 292
-
pensions
2 657
1 058
5 146
-
unemployment
399
159
772
-
total
8 165
3 250
15 813
-
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.

26 573
10 576
51 464
-
pensions
5 182
2 062
10 036
-
total
5 182
2 062
10 036
-
Corporate
29 745
48 862
-
-
income
2 677
4 398
-
-
total
2 677
4 398
-
-
Dividends
27 068
44 464
-
-
social contributions
5 157
8 550
-
-
withholding
5 143
8 448
-
-
total
10 300
16 998
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 324
26 708
25 849
18 895
After tax
35 176
34 792
35 651
42 605
Living cost
18 409
18 409
18 409
18 409
Free-cash
16 767
16 383
17 242
24 196

Estimated living cost  is ₽18409 per week

₽12562
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1506
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽368
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3972
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24654
₽18342
₽9239
₽11380
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
7 419
pensions
-
-
-
12 300
health
-
-
-
7 996
total
-
-
-
27 715
Employee
28 830
-
45 966
-
income
3 246
-
8 385
-
pensions
577
-
920
-
unemployment
461
-
735
-
total
4 284
-
10 040
-
Employer
28 830
-
45 966
-
unemployment
231
-
368
-
pensions
5 766
-
9 191
-
health
3 747
-
5 975
-
total
9 744
-
15 534
-
Corporate
22 925
61 500
-
-
income
4 584
12 300
-
-
total
4 584
12 300
-
-
Dividends
18 341
49 200
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
18 612
12 300
25 574
27 715
After tax
42 888
49 200
35 926
33 785
Living cost
24 546
24 546
24 546
24 546
Free-cash
18 342
24 654
11 380
9 239

Estimated living cost  is ₽24546 per week

₽16836
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1462
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽494
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5755
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽17214
₽1577
₽20264
₽10073
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
255
income
-
-
-
12 013
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 040
Employee
34 915
-
51 089
-
health
3 998
-
5 849
-
income
4 790
-
7 217
-
pensions
3 932
-
5 753
-
total
12 720
-
18 819
-
Employer
34 915
-
51 089
-
accident
583
-
853
-
unemployment
855
-
1 252
-
pensions
5 677
-
8 307
-
total
7 115
-
10 412
-
Corporate
19 469
61 500
-
-
income

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

17 522
55 350
-
-
total
17 522
55 350
-
-
Dividends
1 947
6 150
-
-
withholding
370
1 168
-
-
total
370
1 168
-
-
Income
61 500
61 500
61 500
61 500
Total tax
37 727
56 518
29 231
19 040
After tax
23 773
4 982
32 269
42 460
Living cost
22 196
22 196
22 196
22 196
Free-cash
1 577
-17 214
10 073
20 264

Estimated living cost  is ₽22196 per week

₽16268
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1230
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽463
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4236
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49163
₽47427
₽51623
₽39938
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
61 500
microenterprise

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

-
-
-
615
total
-
-
-
615
Employee
11 577
-
61 500
-
income
2 315
-
12 300
-
total
2 315
-
12 300
-
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%.

49 923
61 500
-
-
total
-
-
-
-
Dividends
49 923
61 500
-
-
withholding
2 496
3 075
-
-
total
2 496
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
4 811
3 075
12 300
615
After tax
56 689
58 425
49 200
60 885
Living cost
9 262
9 262
9 262
9 262
Free-cash
47 427
49 163
39 938
51 623

Estimated living cost  is ₽9262 per week

₽5740
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽770
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽255
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2498
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Batumi model

Close
Bratislava , Slovakia
₽18106
₽11241
₽6223
₽8966
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
7 811
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.

-
-
-
14 759
other
-
-
-
2 922
health
-
-
-
2 706
total
-
-
-
28 198
Employee
36 899
-
49 119
-
health
517
-
688
-
income
6 353
-
8 455
-
pensions

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

2 582
-
3 439
-
unemployment
368
-
492
-
total
9 820
-
13 074
-
Employer
36 899
-
49 119
-
accident
295
-
393
-
other
1 846
-
2 457
-
unemployment
368
-
492
-
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.

6 274
-
8 351
-
health
517
-
688
-
total
9 300
-
12 381
-
Corporate
15 301
61 500
-
-
income
3 213
12 915
-
-
total
3 213
12 915
-
-
Dividends
12 088
48 585
-
-
withholding
847
3 400
-
-
total
847
3 400
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 180
16 315
25 455
28 198
After tax
38 320
45 185
36 045
33 302
Living cost
27 079
27 079
27 079
27 079
Free-cash
11 241
18 106
8 966
6 223

Estimated living cost  is ₽27079 per week

₽19133
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1828
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽436
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5681
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽22331
-₽48554
-₽22270
-₽28580
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
11 534
pensions
-
-
-
3 827
total
-
-
-
15 361
Employee
96 788
-
54 823
-
health
1 595
-
734
-
income
17 447
-
9 957
-
pensions
9 337
-
4 303
-
total
28 379
-
14 994
-
Employer
96 788
-
54 823
-
pensions
11 428
-
5 636
-
health
1 838
-
1 041
-
total
13 266
-
6 677
-
Corporate
-
61 500
-
-
income

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

-
11 685
-
-
total
-
11 685
-
-
Dividends
-
49 815
-
-
withholding
-
3 737
-
-
total
-
3 737
-
-
Income
61 500
61 500
61 500
61 500
Total tax
41 645
15 422
21 671
15 361
After tax
19 855
46 078
39 829
46 139
Living cost
68 409
68 409
68 409
68 409
Free-cash
-48 554
-22 331
-28 580
-22 270

Estimated living cost  is ₽68409 per week

₽51260
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽8038
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽556
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8556
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
₽39261
₽34541
₽29476
₽30622
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 702
Employee
17 640
-
54 537
-
health
811
-
1 633
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
income
1 764
-
5 454
-
pensions

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

1 549
-
3 116
-
total
4 318
-
10 593
-
Employer
17 640
-
54 537
-
accident

We are using the highest rate at 1.1%.

194
-
390
-
unemployment
105
-
213
-
pensions

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

1 944
-
3 911
-
health
1 218
-
2 449
-
total
3 461
-
6 963
-
Corporate
40 398
61 500
-
-
income
4 040
6 150
-
-
total
4 040
6 150
-
-
Dividends
36 358
55 350
-
-
withholding
1 818
2 767
-
-
total
1 818
2 767
-
-
Income
61 500
61 500
61 500
61 500
Total tax
13 637
8 917
17 556
18 702
After tax
47 863
52 583
43 944
42 798
Living cost
13 322
13 322
13 322
13 322
Free-cash
34 541
39 261
30 622
29 476

Estimated living cost  is ₽13322 per week

₽7778
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽951
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽353
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4240
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽47491
-₽49215
-₽21219
-₽53195
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
5 856
pensions
-
-
-
11 070
health
-
-
-
9 440
total
-
-
-
26 366
Employee
94 220
86 784
86 784
-
health
11 754
11 330
13 320
-
income

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

14 205
14 205
14 205
-
pensions
11 907
11 907
15 621
-
total
37 866
37 442
43 146
-
Employer
94 220
86 784
86 784
-
unemployment
3 392
3 124
3 124
-
pensions
6 557
6 040
6 040
-
health
6 547
6 032
6 032
-
total
16 496
15 196
15 196
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
54 362
52 638
58 342
26 366
After tax
7 138
8 862
3 158
35 134
Living cost
56 353
56 353
56 353
56 353
Free-cash
-49 215
-47 491
-53 195
-21 219

Estimated living cost  is ₽56353 per week

₽41570
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽5033
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽646
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9105
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽18054
₽9388
₽5665
₽6920
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
5 286
health
-
-
-
8 302
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 958
total
-
-
-
31 546
Employee
35 720
-
45 895
-
social contributions
2 322
-
2 983
-
health
4 822
-
6 196
-
solidarity contribution
-
-
-
-
income
4 286
-
5 507
-
total
11 430
-
14 686
-
Employer
35 720
-
45 895
-
social contributions
8 930
-
11 474
-
health
3 215
-
4 131
-
total
12 145
-
15 605
-
Corporate
13 635
61 500
-
-
income
2 591
11 685
-
-
total
2 591
11 685
-
-
Dividends
11 045
49 815
-
-
withholding
1 657
7 472
-
-
total
1 657
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
27 823
19 157
30 291
31 546
After tax
33 677
42 343
31 209
29 954
Living cost
24 289
24 289
24 289
24 289
Free-cash
9 388
18 054
6 920
5 665

Estimated living cost  is ₽24289 per week

₽16872
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1728
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽478
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽10069
-₽28818
-₽9362
-₽12838
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
364
regional
-
-
-
620
national
-
-
-
11 178
social contributions
-
-
-
15 818
total
-
-
-
27 980
Employee
90 319
-
61 500
-
social contributions
30 456
-
20 738
-
regional
852
-
543
-
municipal
478
-
326
-
national
15 650
-
9 849
-
total
47 436
-
31 456
-
Employer
90 319
-
61 500
-
total
-
-
-
-
Corporate
-
61 500
-
-
nationa
-
14 759
-
-
municipal
-
2 399
-
-
total
-
17 158
-
-
Dividends
-
44 342
-
-
withholding
-
11 529
-
-
total
-
11 529
-
-
Income
61 500
61 500
61 500
61 500
Total tax
47 436
28 687
31 456
27 980
After tax
14 064
32 813
30 044
33 520
Living cost
42 882
42 882
42 882
42 882
Free-cash
-28 818
-10 069
-12 838
-9 362

Estimated living cost  is ₽42882 per week

₽29892
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2812
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽658
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9519
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽16258
₽13097
₽12075
₽10744
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 463
pensions
-
-
-
12 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 366
surtax
-
-
-
640
total
-
-
-
27 000
Employee
33 607
-
50 804
-
other
-
-
-
-
health
858
-
1 294
-
surtax
110
-
540
-
income
5 633
-
8 879
-
pensions
2 241
-
3 388
-
unemployment
2 339
-
3 535
-
total
11 181
-
17 636
-
Employer
33 607
-
50 804
-
other
-
-
-
-
unemployment
1 065
-
1 610
-
pensions
4 480
-
6 773
-
health
1 529
-
2 312
-
total
7 074
-
10 695
-
Corporate
20 819
61 500
-
-
income
5 413
15 990
-
-
total
5 413
15 990
-
-
Dividends
15 406
45 510
-
-
withholding
2 310
6 827
-
-
total
2 310
6 827
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 978
22 817
28 331
27 000
After tax
35 522
38 683
33 169
34 500
Living cost
22 425
22 425
22 425
22 425
Free-cash
13 097
16 258
10 744
12 075

Estimated living cost  is ₽22425 per week

₽13712
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2069
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6127
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽657
-₽11619
-₽596
-₽6906
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
11 534
pensions
-
-
-
3 827
total
-
-
-
15 361
Employee
64 865
-
54 823
-
health
942
-
734
-
income
11 682
-
9 957
-
pensions
5 506
-
4 303
-
total
18 130
-
14 994
-
Employer
64 865
-
54 823
-
pensions
7 022
-
5 636
-
health
1 232
-
1 041
-
total
8 254
-
6 677
-
Corporate
-
61 500
-
-
income

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

-
11 685
-
-
total
-
11 685
-
-
Dividends
-
49 815
-
-
withholding
-
3 737
-
-
total
-
3 737
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 384
15 422
21 671
15 361
After tax
35 116
46 078
39 829
46 139
Living cost
46 735
46 735
46 735
46 735
Free-cash
-11 619
-657
-6 906
-596

Estimated living cost  is ₽46735 per week

₽35014
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3503
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽489
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7729
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽49491
-₽37980
-₽25525
-₽28654
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
city
-
-
-
648
pensions
-
-
-
5 657
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.

-
-
-
1 230
regional
-
-
-
1 429
health
-
-
-
253
national
-
-
-
195
total
-
-
-
9 412
Employee
90 828
-
55 045
-
city
975
-
592
-
regional
2 974
-
1 196
-
health
205
-
124
-
pensions
7 631
-
4 623
-
unemployment
-
-
-
-
national
430
-
159
-
total
12 215
-
6 694
-
Employer
90 828
-
55 045
-
other

This will depend on a canton and a chosen fund. The rate is between 0.1% and 3.63% for an employee. We use 2% as an average rate.

1 816
-
1 100
-
unemployment
-
-
-
-
pensions
7 631
-
4 623
-
health
205
-
124
-
total
9 652
-
5 847
-
Corporate
-
61 500
-
-
regional
-
13 007
-
-
national
-
5 227
-
-
total
-
18 234
-
-
Dividends
-
43 266
-
-
withholding
-
15 144
-
-
total
-
15 144
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 867
33 378
12 541
9 412
After tax
39 633
28 122
48 959
52 088
Living cost
77 613
77 613
77 613
77 613
Free-cash
-37 980
-49 491
-28 654
-25 525

Estimated living cost  is ₽77613 per week

₽50471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6965
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽953
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽19224
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15975
₽130
-₽2151
₽292
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
trade
-
-
-
2 443
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.

-
-
-
7 309
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.

-
-
-
6 943
surtax

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

-
-
-
401
total
-
-
-
17 096
Employee

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

61 075
-
61 500
-
health

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

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

6 943
-
6 943
-
surtax

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

395
-
401
-
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.

7 182
-
7 309
-
total
14 520
-
14 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
425
61 500
-
-
surtax

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

4
507
-
-
income
64
9 224
-
-
trade
73
10 547
-
-
chamber of commerce
154
241
-
-
total
295
20 519
-
-
Dividends
130
40 980
-
-
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.

-
542
-
-
withholding
-
9 859
-
-
total
-
10 401
-
-
Income
61 500
61 500
61 500
61 500
Total tax
14 815
30 920
14 653
17 096
After tax
46 685
30 580
46 847
44 404
Living cost
46 555
46 555
46 555
46 555
Free-cash
130
-15 975
292
-2 151

Estimated living cost  is ₽46555 per week

₽34002
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3724
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽606
Clothing and shoes. We estimate one pair of shoes and 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

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
-₽3774
₽2230
₽2015
₽2485
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
2 908
pensions
-
-
-
17 615
other
-
-
-
1 907
health
-
-
-
532
surtax
-
-
-
-
social contributions
-
-
-
1 753
total
-
-
-
24 715
Employee
43 494
-
46 864
-
social contributions
1 240
-
1 335
-
surtax
-
-
-
-
income
2 567
-
2 974
-
pensions
4 918
-
5 300
-
total
8 725
-
9 609
-
Employer
43 494
-
46 864
-
other
1 500
-
1 616
-
social contributions
131
-
141
-
unemployment
1 761
-
1 898
-
pensions
7 145
-
7 701
-
health
3 045
-
3 280
-
total
13 582
-
14 636
-
Corporate
4 423
61 500
-
-
surtax
-
-
-
-
income
1 238
17 220
-
-
total
1 238
17 220
-
-
Dividends
3 185
44 280
-
-
surtax
-
-
-
-
social contributions
548
7 616
-
-
withholding
407
5 668
-
-
total
955
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
24 500
30 504
24 245
24 715
After tax
37 000
30 996
37 255
36 785
Living cost
34 770
34 770
34 770
34 770
Free-cash
2 230
-3 774
2 485
2 015

Estimated living cost  is ₽34770 per week

₽21924
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2827
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9429
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽329
₽5317
₽5460
₽5930
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
2 908
pensions
-
-
-
17 615
other
-
-
-
1 907
health
-
-
-
532
surtax
-
-
-
-
social contributions
-
-
-
1 753
total
-
-
-
24 715
Employee
38 825
-
46 864
-
social contributions
1 107
-
1 335
-
surtax
-
-
-
-
income
2 002
-
2 974
-
pensions
4 391
-
5 300
-
total
7 500
-
9 609
-
Employer
38 825
-
46 864
-
other
1 340
-
1 616
-
social contributions
116
-
141
-
unemployment
1 572
-
1 898
-
pensions
6 380
-
7 701
-
health
2 717
-
3 280
-
total
12 125
-
14 636
-
Corporate
10 550
61 500
-
-
surtax
-
-
-
-
income
2 955
17 220
-
-
total
2 955
17 220
-
-
Dividends
7 596
44 280
-
-
surtax
-
-
-
-
social contributions
1 306
7 616
-
-
withholding
972
5 668
-
-
total
2 278
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
24 858
30 504
24 245
24 715
After tax
36 642
30 996
37 255
36 785
Living cost
31 325
31 325
31 325
31 325
Free-cash
5 317
-329
5 930
5 460

Estimated living cost  is ₽31325 per week

₽18167
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3182
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽594
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9382
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15972
₽16499
₽17946
₽15201
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 224
health
-
-
-
4 293
social contributions
-
-
-
8 488
total
-
-
-
22 005
Employee
34 457
-
61 500
-
social contributions
4 756
-
8 488
-
health
2 405
-
4 293
-
income
5 747
-
11 969
-
total
12 908
-
24 750
-
Employer
34 457
-
61 500
-
total
-
-
-
-
Corporate
27 043
61 500
-
-
income

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

1 352
3 074
-
-
total
1 352
3 074
-
-
Dividends
25 691
58 426
-
-
health
1 794
4 079
-
-
social contributions
3 545
8 063
-
-
withholding
3 853
8 763
-
-
total
9 192
20 905
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 452
23 979
24 750
22 005
After tax
38 048
37 521
36 750
39 495
Living cost
21 549
21 549
21 549
21 549
Free-cash
16 499
15 972
15 201
17 946

Estimated living cost  is ₽21549 per week

₽14422
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽496
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽658
-₽5069
-₽2013
-₽12629
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
chamber of commerce
-
-
-
247
income
-
-
-
4 939
pensions
-
-
-
11 378
unemployment
-
-
-
6 233
health
-
-
-
4 706
surtax
-
-
-
201
total
-
-
-
27 704
Employee
50 788
40 499
47 595
-
other
507
405
476
-
health
1 965
1 568
1 842
-
income
5 782
2 987
4 868
-
pensions
5 201
4 146
4 873
-
unemployment
1 524
1 215
1 427
-
total
14 979
10 321
13 486
-
Employer
50 788
40 499
47 595
-
accident
660
526
619
-
other
2 413
1 923
2 260
-
chamber of commerce
202
162
191
-
unemployment
1 524
1 215
1 427
-
surtax
201
201
201
-
pensions
6 374
5 084
5 973
-
payroll
1 524
1 215
1 427
-
health
1 919
1 531
1 799
-
total
14 817
11 857
13 897
-
Corporate
3 857
9 144
43 746
-
income

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

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

964
2 285
10 937
-
total
964
2 285
10 937
-
Dividends
-
6 859
-
-
withholding
-
1 886
-
-
total
-
1 886
-
-
Income
61 500
61 500
61 500
61 500
Total tax
30 760
26 349
38 320
27 704
After tax
30 740
35 151
23 180
33 796
Living cost
35 809
35 809
35 809
35 809
Free-cash
-5 069
-658
-12 629
-2 013

Estimated living cost  is ₽35809 per week

₽23883
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3055
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.
₽8283
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2417
-₽32355
-₽4470
-₽10856
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
national
-
-
-
18 245
communal

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

-
-
-
3 244
social contributions
-
-
-
7 427
total
-
-
-
28 916
Employee

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

72 694
-
47 630
-
communal

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

3 792
-
2 484
-
health

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

3 415
-
2 239
-
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.

5 452
-
3 572
-
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.

633
-
415
-
national
22 349
-
12 729
-
total
35 641
-
21 439
-
Employer

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

72 694
-
47 630
-
accident

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

945
-
619
-
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.

1 061
-
696
-
surtax
8 243
-
5 400
-
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.

6 441
-
4 220
-
health

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

4 470
-
2 928
-
total
21 160
-
13 863
-
Corporate
-
61 500
-
-
surtax
-
247
-
-
income
-
12 300
-
-
total
-
12 547
-
-
Dividends
-
48 953
-
-
withholding

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

-
14 316
-
-
total
-
14 316
-
-
Income
61 500
61 500
61 500
61 500
Total tax
56 801
26 863
35 302
28 916
After tax
4 699
34 637
26 198
32 584
Living cost
37 054
37 054
37 054
37 054
Free-cash
-32 355
-2 417
-10 856
-4 470

Estimated living cost  is ₽37054 per week

₽23868
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3240
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.
₽9367
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4829
-₽5213
-₽3029
-₽2593
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
553
income
-
-
-
9 378
pensions
-
-
-
17 405
other
-
-
-
62
unemployment
-
-
-
430
total
-
-
-
27 828
Employee
50 587
-
46 633
-
other
50
-
46
-
income
10 674
-
9 565
-
pensions
2 378
-
2 191
-
unemployment
785
-
723
-
total
13 887
-
12 525
-
Employer
50 587
-
46 633
-
accident
1 001
-
924
-
other
403
-
372
-
unemployment
2 783
-
2 565
-
pensions
11 938
-
11 006
-
total
16 125
-
14 867
-
Corporate
-
61 500
-
-
income

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

-
9 224
-
-
total
-
9 224
-
-
Dividends
-
52 276
-
-
withholding
-
10 746
-
-
total
-
10 746
-
-
Income
61 500
61 500
61 500
61 500
Total tax
30 012
19 970
27 392
27 828
After tax
31 488
41 530
34 108
33 672
Living cost
36 701
36 701
36 701
36 701
Free-cash
-5 213
4 829
-2 593
-3 029

Estimated living cost  is ₽36701 per week

₽27027
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2604
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6542
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16694
-₽24655
-₽14790
-₽13578
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
553
income
-
-
-
2 804
pensions
-
-
-
9 839
health
-
-
-
4 611
surtax
-
-
-
3 255
communal
-
-
-
-
total
-
-
-
21 062
Employee
76 960
-
54 935
-
health
3 425
-
2 445
-
surtax
4 717
-
3 367
-
income
7 434
-
3 078
-
pensions
6 156
-
4 395
-
total
21 732
-
13 285
-
Employer
76 960
-
54 935
-
accident
692
-
494
-
pensions
6 156
-
4 395
-
health
2 347
-
1 676
-
total
9 195
-
6 565
-
Corporate
-
61 500
-
-
surtax
-
646
-
-
communal
-
4 152
-
-
income
-
9 224
-
-
total
-
14 022
-
-
Dividends
-
47 478
-
-
income
-
1 822
-
-
withholding
-
7 122
-
-
total
-
8 944
-
-
Income
61 500
61 500
61 500
61 500
Total tax
30 927
22 966
19 850
21 062
After tax
30 573
38 534
41 650
40 438
Living cost
55 228
55 228
55 228
55 228
Free-cash
-24 655
-16 694
-13 578
-14 790

Estimated living cost  is ₽55228 per week

₽41429
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3346
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.
₽9866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽15857
₽12626
₽11674
₽10343
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 463
pensions
-
-
-
12 300
other
-
-
-
-
unemployment
-
-
-
231
health
-
-
-
4 366
surtax
-
-
-
640
total
-
-
-
27 000
Employee
34 224
-
50 804
-
other
-
-
-
-
health
874
-
1 294
-
surtax
121
-
540
-
income
5 737
-
8 879
-
pensions
2 283
-
3 388
-
unemployment
2 382
-
3 535
-
total
11 397
-
17 636
-
Employer
34 224
-
50 804
-
other
-
-
-
-
unemployment
1 086
-
1 610
-
pensions
4 563
-
6 773
-
health
1 556
-
2 312
-
total
7 205
-
10 695
-
Corporate
20 071
61 500
-
-
income
5 219
15 990
-
-
total
5 219
15 990
-
-
Dividends
14 852
45 510
-
-
withholding
2 227
6 827
-
-
total
2 227
6 827
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 048
22 817
28 331
27 000
After tax
35 452
38 683
33 169
34 500
Living cost
22 826
22 826
22 826
22 826
Free-cash
12 626
15 857
10 343
11 674

Estimated living cost  is ₽22826 per week

₽13781
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1984
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽530
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6532
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽4951
₽2693
₽5837
₽2383
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
364
regional
-
-
-
927
national
-
-
-
11 178
social contributions
-
-
-
15 818
total
-
-
-
28 287
Employee
56 373
-
61 500
-
social contributions
19 010
-
20 738
-
regional
759
-
828
-
municipal
299
-
326
-
national
8 931
-
9 849
-
total
28 999
-
31 741
-
Employer
56 373
-
61 500
-
total
-
-
-
-
Corporate
5 127
61 500
-
-
nationa
1 230
14 759
-
-
municipal
255
3 057
-
-
total
1 485
17 816
-
-
Dividends
3 642
43 684
-
-
withholding
947
11 357
-
-
total
947
11 357
-
-
Income
61 500
61 500
61 500
61 500
Total tax
31 431
29 173
31 741
28 287
After tax
30 069
32 327
29 759
33 213
Living cost
27 376
27 376
27 376
27 376
Free-cash
2 693
4 951
2 383
5 837

Estimated living cost  is ₽27376 per week

₽17025
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2773
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽469
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7109
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽12412
₽1735
₽23
₽1278
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
5 286
health
-
-
-
8 302
solidarity contribution
-
-
-
-
social contributions
-
-
-
17 958
total
-
-
-
31 546
Employee
44 016
-
45 895
-
social contributions
2 861
-
2 983
-
health
5 942
-
6 196
-
solidarity contribution
-
-
-
-
income
5 282
-
5 507
-
total
14 085
-
14 686
-
Employer
44 016
-
45 895
-
social contributions
11 004
-
11 474
-
health
3 961
-
4 131
-
total
14 965
-
15 605
-
Corporate
2 518
61 500
-
-
income
478
11 685
-
-
total
478
11 685
-
-
Dividends
2 040
49 815
-
-
withholding
306
7 472
-
-
total
306
7 472
-
-
Income
61 500
61 500
61 500
61 500
Total tax
29 834
19 157
30 291
31 546
After tax
31 666
42 343
31 209
29 954
Living cost
29 931
29 931
29 931
29 931
Free-cash
1 735
12 412
1 278
23

Estimated living cost  is ₽29931 per week

₽22259
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1658
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽518
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5497
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽2839
₽2335
₽1575
-₽9204
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
chamber of commerce
-
-
-
247
income
-
-
-
4 939
pensions
-
-
-
11 378
unemployment
-
-
-
6 233
health
-
-
-
4 706
surtax
-
-
-
-
total
-
-
-
27 503
Employee
44 424
40 499
47 755
-
other
444
405
478
-
health
1 718
1 568
1 848
-
income
3 957
2 987
4 912
-
pensions
4 549
4 146
4 891
-
unemployment
1 333
1 215
1 433
-
total
12 001
10 321
13 562
-
Employer
44 424
40 499
47 755
-
accident
577
526
621
-
other
2 110
1 923
2 268
-
chamber of commerce
177
162
191
-
unemployment
1 333
1 215
1 433
-
surtax
-
-
-
-
pensions
5 575
5 084
5 994
-
payroll
1 333
1 215
1 433
-
health
1 680
1 531
1 805
-
total
12 785
11 656
13 745
-
Corporate
4 292
9 344
43 898
-
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.

1 072
2 335
10 975
-
total
1 072
2 335
10 975
-
Dividends
3 220
7 009
-
-
withholding
885
1 927
-
-
total
885
1 927
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 743
26 239
38 282
27 503
After tax
34 757
35 261
23 218
33 997
Living cost
32 422
32 422
32 422
32 422
Free-cash
2 335
2 839
-9 204
1 575

Estimated living cost  is ₽32422 per week

₽19449
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3311
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽579
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9083
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽43992
₽41285
₽46452
₽34767
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
61 500
microenterprise

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

-
-
-
615
total
-
-
-
615
Employee
18 042
-
61 500
-
income
3 609
-
12 300
-
total
3 609
-
12 300
-
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%.

43 458
61 500
-
-
total
-
-
-
-
Dividends
43 458
61 500
-
-
withholding
2 173
3 075
-
-
total
2 173
3 075
-
-
Income
61 500
61 500
61 500
61 500
Total tax
5 782
3 075
12 300
615
After tax
55 718
58 425
49 200
60 885
Living cost
14 433
14 433
14 433
14 433
Free-cash
41 285
43 992
34 767
46 452

Estimated living cost  is ₽14433 per week

₽9767
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽606
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3576
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Social security system in Georgia is financed from the government taxes which are part of our internal model. Separate pension and medical insurance contributions are not compulsory. It is advisable to purchase health insurance privately as in an event of medical emergency the treatment is likely to get costly.

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽15084
₽6583
₽6318
₽4554
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
income
-
-
-
10 547
pensions
-
-
-
11 232
unemployment
-
-
-
93
health
-
-
-
6 052
total
-
-
-
27 924
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.

44 939
-
53 213
-
health
2 902
-
3 439
-
income
7 750
-
9 638
-
pensions
6 966
-
8 248
-
unemployment
64
-
75
-
total
17 682
-
21 400
-
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.

44 939
-
53 213
-
unemployment
27
-
33
-
pensions
3 977
-
4 710
-
health
2 993
-
3 545
-
total
6 997
-
8 288
-
Corporate
9 564
61 500
-
-
income
1 817
11 685
-
-
total
1 817
11 685
-
-
Dividends
7 747
49 815
-
-
withholding
1 163
7 473
-
-
total
1 163
7 473
-
-
Income
61 500
61 500
61 500
61 500
Total tax
27 659
19 158
29 688
27 924
After tax
33 841
42 342
31 812
33 576
Living cost
27 258
27 258
27 258
27 258
Free-cash
6 583
15 084
4 554
6 318

Estimated living cost  is ₽27258 per week

₽18707
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1747
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽528
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6277
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽6486
-₽90212
-₽1402
₽4211
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
11 988
social contributions
-
-
-
7 011
total
-
-
-
18 999
Employee
62 951
-
-
-
social contributions
5 162
-
736
-
income
13 886
-
-
-
total
19 048
-
736
-
Employer
62 951
-
-
-
social contributions
88 761
-
12 650
-
total
88 761
-
12 650
-
Corporate
-
61 500
-
-
income
-
13 530
-
-
total
-
13 530
-
-
Dividends
-
47 970
-
-
income
-
10 553
-
-
total
-
10 553
-
-
Income
61 500
61 500
61 500
61 500
Total tax
107 809
24 083
13 386
18 999
After tax
-46 309
37 417
48 114
42 501
Living cost
43 903
43 903
43 903
43 903
Free-cash
-90 212
-6 486
4 211
-1 402

Estimated living cost  is ₽43903 per week

₽28486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4129
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽559
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10728
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3104
₽2081
₽3495
₽1709
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
income
-
-
-
4 756
surtax
-
-
-
-
social contributions

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

-
-
-
21 372
total
-
-
-
26 128
Employee
46 740
-
49 697
-
social contributions
5 141
-
5 467
-
surtax
-
-
-
-
income
9 722
-
10 644
-
total
14 863
-
16 111
-
Employer
46 740
-
49 697
-
social contributions
11 101
-
11 803
-
total
11 101
-
11 803
-
Corporate
3 659
61 500
-
-
surtax
-
-
-
-
income
768
12 915
-
-
total
768
12 915
-
-
Dividends
2 892
48 585
-
-
withholding
810
13 604
-
-
total
810
13 604
-
-
Income
61 500
61 500
61 500
61 500
Total tax
27 542
26 519
27 914
26 128
After tax
33 958
34 981
33 586
35 372
Living cost
31 877
31 877
31 877
31 877
Free-cash
2 081
3 104
1 709
3 495

Estimated living cost  is ₽31877 per week

₽23850
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1880
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽532
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5614
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽18088
-₽22029
-₽12299
-₽11829
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
2 908
pensions
-
-
-
17 615
other
-
-
-
1 907
health
-
-
-
532
surtax
-
-
-
-
social contributions
-
-
-
1 753
total
-
-
-
24 715
Employee
63 650
-
46 864
-
social contributions
1 813
-
1 335
-
surtax
-
-
-
-
income
5 554
-
2 974
-
pensions
7 199
-
5 300
-
total
14 566
-
9 609
-
Employer
63 650
-
46 864
-
other
2 197
-
1 616
-
social contributions
191
-
141
-
unemployment
2 578
-
1 898
-
pensions
10 458
-
7 701
-
health
4 455
-
3 280
-
total
19 879
-
14 636
-
Corporate
-
61 500
-
-
surtax
-
-
-
-
income
-
17 220
-
-
total
-
17 220
-
-
Dividends
-
44 280
-
-
surtax
-
-
-
-
social contributions
-
7 616
-
-
withholding
-
5 668
-
-
total
-
13 284
-
-
Income
61 500
61 500
61 500
61 500
Total tax
34 445
30 504
24 245
24 715
After tax
27 055
30 996
37 255
36 785
Living cost
49 084
49 084
49 084
49 084
Free-cash
-22 029
-18 088
-11 829
-12 299

Estimated living cost  is ₽49084 per week

₽33219
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4015
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽673
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11176
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽24802
₽21389
₽17336
₽19063
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
85
social contributions
-
-
-
13 531
total
-
-
-
13 616
Employee
32 672
-
53 246
-
income
-
-
175
-
social contributions
2 123
-
3 460
-
total
2 123
-
3 635
-
Employer
32 672
-
53 246
-
social contributions
5 064
-
8 254
-
total
5 064
-
8 254
-
Corporate
23 764
61 500
-
-
income
2 376
6 150
-
-
total
2 376
6 150
-
-
Dividends
21 388
55 350
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
9 563
6 150
11 889
13 616
After tax
51 937
55 350
49 611
47 884
Living cost
30 548
30 548
30 548
30 548
Free-cash
21 389
24 802
19 063
17 336

Estimated living cost  is ₽30548 per week

₽19752
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2303
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.
₽7919
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽159902
-₽159902
-₽9221
-₽159902
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
10 141
pensions
-
-
-
881
national
-
-
-
5 911
labour market
-
-
-
4 849
total
-
-
-
21 782
Employee
206 561
206 561
206 561
-
labour market
16 501
16 501
16 501
-
national
25 235
25 235
25 235
-
municipal
43 986
43 986
43 986
-
pensions
294
294
294
-
total
86 016
86 016
86 016
-
Employer
206 561
206 561
206 561
-
labour market
16 525
16 525
16 525
-
municipal
44 056
44 056
44 056
-
pensions
587
587
587
-
national
25 279
25 279
25 279
-
total
86 447
86 447
86 447
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
172 463
172 463
172 463
21 782
After tax
-110 963
-110 963
-110 963
39 718
Living cost
48 939
48 939
48 939
48 939
Free-cash
-159 902
-159 902
-159 902
-9 221

Estimated living cost  is ₽48939 per week

₽33495
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4329
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽753
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽16886
₽1628
₽20592
₽10401
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
255
income
-
-
-
12 013
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 040
Employee
34 400
-
51 089
-
health
3 939
-
5 849
-
income
4 719
-
7 217
-
pensions
3 874
-
5 753
-
total
12 532
-
18 819
-
Employer
34 400
-
51 089
-
accident
574
-
853
-
unemployment
843
-
1 252
-
pensions
5 593
-
8 307
-
total
7 010
-
10 412
-
Corporate
20 089
61 500
-
-
income

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

18 080
55 350
-
-
total
18 080
55 350
-
-
Dividends
2 009
6 150
-
-
withholding
382
1 168
-
-
total
382
1 168
-
-
Income
61 500
61 500
61 500
61 500
Total tax
38 004
56 518
29 231
19 040
After tax
23 496
4 982
32 269
42 460
Living cost
21 868
21 868
21 868
21 868
Free-cash
1 628
-16 886
10 401
20 592

Estimated living cost  is ₽21868 per week

₽15918
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1247
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽410
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4293
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3364
-₽2055
₽8231
-₽1186
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
61 500
municipal
-
-
-
10 975
health
-
-
-
523
national
-
-
-
2 754
total
-
-
-
14 252
Employee
53 468
-
51 736
-
health
399
-
372
-
municipal
8 758
-
8 478
-
pensions
3 608
-
3 493
-
unemployment
802
-
775
-
national
883
-
789
-
total
14 450
-
13 907
-
Employer
53 468
-
51 736
-
accident
54
-
52
-
unemployment
347
-
336
-
pensions
9 276
-
8 975
-
health
411
-
399
-
total
10 088
-
9 762
-
Corporate
-
61 500
-
-
income
-
12 300
-
-
total
-
12 300
-
-
Dividends

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

-
36 900
-
-
national
-
177
-
-
municipal
-
6 642
-
-
total
-
6 819
-
-
Income
61 500
61 500
61 500
61 500
Total tax
24 538
19 119
23 669
14 252
After tax
36 962
42 381
37 831
47 248
Living cost
39 017
39 017
39 017
39 017
Free-cash
-2 055
3 364
-1 186
8 231

Estimated living cost  is ₽39017 per week

₽25486
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3753
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽621
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9159
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽14990
₽16186
₽24262
₽18817
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
2 546
health
-
-
-
1 568
social contributions
-
-
-
9 595
total
-
-
-
13 709
Employee
78 145
78 145
78 145
-
social contributions
2 955
6 486
4 634
-
health
606
1 329
949
-
income
8 509
7 234
7 903
-
total
12 070
15 049
13 486
-
Employer
78 145
78 145
78 145
-
social contributions
2 955
6 486
4 634
-
health
658
1 446
1 034
-
total
3 613
7 932
5 668
-
Corporate
22 290
-
-
-
income
2 787
-
-
-
total
2 787
-
-
-
Dividends
19 503
-
-
-
withholding
3 315
-
-
-
total
3 315
-
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 785
22 981
19 154
13 709
After tax
39 715
38 519
42 346
47 791
Living cost
23 529
23 529
23 529
23 529
Free-cash
16 186
14 990
18 817
24 262

Estimated living cost  is ₽23529 per week

₽14102
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2308
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽521
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6599
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽34793
₽29624
₽29908
₽21937
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
61 500
income
-
-
-
5 286
pensions
-
-
-
6 464
unemployment
-
-
-
29
health
-
-
-
3 678
total
-
-
-
15 457
Employee

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

23 327
-
55 757
-
health
1 983
-
4 738
-
income
1 595
-
4 303
-
pensions
3 498
-
8 364
-
unemployment
116
-
280
-
total
7 192
-
17 685
-
Employer

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

23 327
-
55 757
-
unemployment
116
-
280
-
pensions
1 282
-
3 066
-
health
1 003
-
2 397
-
total
2 401
-
5 743
-
Corporate
35 772
61 500
-
-
income
3 219
5 535
-
-
total
3 219
5 535
-
-
Dividends
32 554
55 965
-
-
withholding
2 929
5 037
-
-
total
2 929
5 037
-
-
Income
61 500
61 500
61 500
61 500
Total tax
15 741
10 572
23 428
15 457
After tax
45 759
50 928
38 072
46 043
Living cost
16 135
16 135
16 135
16 135
Free-cash
29 624
34 793
21 937
29 908

Estimated living cost  is ₽16135 per week

₽10295
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1163
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽480
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4197
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽13584
₽8223
₽5726
₽6162
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
553
income
-
-
-
9 378
pensions
-
-
-
17 405
other
-
-
-
62
unemployment
-
-
-
430
total
-
-
-
27 828
Employee
37 577
-
46 633
-
other
37
-
46
-
income
7 245
-
9 565
-
pensions
1 767
-
2 191
-
unemployment
582
-
723
-
total
9 631
-
12 525
-
Employer
37 577
-
46 633
-
accident
744
-
924
-
other
301
-
372
-
unemployment
2 067
-
2 565
-
pensions
8 867
-
11 006
-
total
11 979
-
14 867
-
Corporate
11 943
61 500
-
-
income

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

1 792
9 224
-
-
total
1 792
9 224
-
-
Dividends
10 151
52 276
-
-
withholding
1 929
10 746
-
-
total
1 929
10 746
-
-
Income
61 500
61 500
61 500
61 500
Total tax
25 331
19 970
27 392
27 828
After tax
36 169
41 530
34 108
33 672
Living cost
27 946
27 946
27 946
27 946
Free-cash
8 223
13 584
6 162
5 726

Estimated living cost  is ₽27946 per week

₽18863
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2686
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5907
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35595
₽35139
₽35560
₽35363
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
19 659
pensions
-
-
-
2 029
health
-
-
-
1 471
total
-
-
-
23 159
Employee
4 236
-
59 218
-
health
212
-
507
-
income
820
-
19 552
-
pensions
381
-
913
-
unemployment
42
-
101
-
total
1 455
-
21 073
-
Employer
4 236
-
59 218
-
unemployment
85
-
203
-
pensions
466
-
1 116
-
health
402
-
964
-
total
953
-
2 283
-
Corporate
56 310
61 500
-
-
income
12 388
13 530
-
-
total
12 388
13 530
-
-
Dividends
43 922
47 970
-
-
withholding
8 784
9 594
-
-
total
8 784
9 594
-
-
Income
61 500
61 500
61 500
61 500
Total tax
23 580
23 124
23 356
23 159
After tax
37 920
38 376
38 144
38 341
Living cost
2 781
2 781
2 781
2 781
Free-cash
35 139
35 595
35 363
35 560

Estimated living cost  is ₽2781 per week

₽1653
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽225
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽64
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽839
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽26876
₽21878
₽12784
₽15432
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
income
-
-
-
7 911
pensions
-
-
-
15 990
unemployment
-
-
-
922
health
-
-
-
6 335
total
-
-
-
31 158
Employee

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

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

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

26 477
-
52 163
-
health
1 364
-
2 686
-
income
3 650
-
8 793
-
pensions
3 707
-
7 303
-
unemployment
199
-
391
-
total
8 920
-
19 173
-
Employer

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

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

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

26 477
-
52 163
-
unemployment
199
-
391
-
pensions
3 177
-
6 260
-
health
1 364
-
2 686
-
total
4 740
-
9 337
-
Corporate
30 284
61 500
-
-
income
4 543
9 225
-
-
total
4 543
9 225
-
-
Dividends
25 741
52 275
-
-
withholding
3 861
7 841
-
-
total
3 861
7 841
-
-
Income
61 500
61 500
61 500
61 500
Total tax
22 064
17 066
28 510
31 158
After tax
39 436
44 434
32 990
30 342
Living cost
17 558
17 558
17 558
17 558
Free-cash
21 878
26 876
15 432
12 784

Estimated living cost  is ₽17558 per week

₽11822
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1358
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽508
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3870
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽7583
₽7218
₽7974
₽6188
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
income
-
-
-
4 756
surtax
-
-
-
-
social contributions

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

-
-
-
21 372
total
-
-
-
26 128
Employee
39 443
-
49 697
-
social contributions
4 339
-
5 467
-
surtax
-
-
-
-
income
7 707
-
10 644
-
total
12 046
-
16 111
-
Employer
39 443
-
49 697
-
social contributions
9 367
-
11 803
-
total
9 367
-
11 803
-
Corporate
12 690
61 500
-
-
surtax
-
-
-
-
income
2 665
12 915
-
-
total
2 665
12 915
-
-
Dividends
10 025
48 585
-
-
withholding
2 806
13 604
-
-
total
2 806
13 604
-
-
Income
61 500
61 500
61 500
61 500
Total tax
26 884
26 519
27 914
26 128
After tax
34 616
34 981
33 586
35 372
Living cost
27 398
27 398
27 398
27 398
Free-cash
7 218
7 583
6 188
7 974

Estimated living cost  is ₽27398 per week

₽19405
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1903
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5604
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽5814
-₽3230
-₽2044
-₽1608
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
553
income
-
-
-
9 378
pensions
-
-
-
17 405
other
-
-
-
62
unemployment
-
-
-
430
total
-
-
-
27 828
Employee
49 081
-
46 633
-
other
48
-
46
-
income
10 251
-
9 565
-
pensions
2 307
-
2 191
-
unemployment
760
-
723
-
total
13 366
-
12 525
-
Employer
49 081
-
46 633
-
accident
972
-
924
-
other
393
-
372
-
unemployment
2 700
-
2 565
-
pensions
11 583
-
11 006
-
total
15 648
-
14 867
-
Corporate
-
61 500
-
-
income

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

-
9 224
-
-
total
-
9 224
-
-
Dividends
-
52 276
-
-
withholding
-
10 746
-
-
total
-
10 746
-
-
Income
61 500
61 500
61 500
61 500
Total tax
29 014
19 970
27 392
27 828
After tax
32 486
41 530
34 108
33 672
Living cost
35 716
35 716
35 716
35 716
Free-cash
-3 230
5 814
-1 608
-2 044

Estimated living cost  is ₽35716 per week

₽25650
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2777
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽503
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6787
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35104
₽28911
₽25319
₽26465
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 225
pensions

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

-
-
-
5 253
unemployment
-
-
-
142
health
-
-
-
4 082
total
-
-
-
18 702
Employee
23 145
-
54 537
-
health
1 065
-
1 633
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
income
2 315
-
5 454
-
pensions

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

2 032
-
3 116
-
total
5 666
-
10 593
-
Employer
23 145
-
54 537
-
accident

We are using the highest rate at 1.1%.

254
-
390
-
unemployment
139
-
213
-
pensions

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

2 551
-
3 911
-
health
1 597
-
2 449
-
total
4 541
-
6 963
-
Corporate
33 814
61 500
-
-
income
3 382
6 150
-
-
total
3 382
6 150
-
-
Dividends
30 432
55 350
-
-
withholding
1 521
2 767
-
-
total
1 521
2 767
-
-
Income
61 500
61 500
61 500
61 500
Total tax
15 110
8 917
17 556
18 702
After tax
46 390
52 583
43 944
42 798
Living cost
17 479
17 479
17 479
17 479
Free-cash
28 911
35 104
26 465
25 319

Estimated living cost  is ₽17479 per week

₽11561
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1001
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽417
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4502
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽7390
₽5905
₽5568
₽7612
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
trade
-
-
-
2 044
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.

-
-
-
7 309
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.

-
-
-
6 943
surtax

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

-
-
-
401
total
-
-
-
16 697
Employee

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

50 565
-
61 500
-
health

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

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

6 943
-
6 943
-
surtax

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

229
-
401
-
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.

4 158
-
7 309
-
total
11 330
-
14 653
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 935
61 500
-
-
surtax

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

91
507
-
-
income
1 639
9 224
-
-
trade
1 570
8 825
-
-
chamber of commerce
170
245
-
-
total
3 470
18 801
-
-
Dividends
7 465
42 699
-
-
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.

81
565
-
-
withholding
1 479
10 289
-
-
total
1 560
10 854
-
-
Income
61 500
61 500
61 500
61 500
Total tax
16 360
29 655
14 653
16 697
After tax
45 140
31 845
46 847
44 803
Living cost
39 235
39 235
39 235
39 235
Free-cash
5 905
-7 390
7 612
5 568

Estimated living cost  is ₽39235 per week

₽27065
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4222
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽569
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7379
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽14841
-₽17995
-₽10134
-₽10134
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
9 118
social contributions
-
-
-
4 625
total
-
-
-
13 743
Employee
79 494
-
61 500
-
income
15 000
-
9 118
-
social contributions
6 604
-
4 625
-
total
21 604
-
13 743
-
Employer
79 494
-
61 500
-
total
-
-
-
-
Corporate
-
61 500
-
-
income
-
7 687
-
-
total
-
7 687
-
-
Dividends
-
53 813
-
-
withholding
-
10 763
-
-
total
-
10 763
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 604
18 450
13 743
13 743
After tax
39 896
43 050
47 757
47 757
Living cost
57 891
57 891
57 891
57 891
Free-cash
-17 995
-14 841
-10 134
-10 134

Estimated living cost  is ₽57891 per week

₽44042
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4717
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽553
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8578
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽2283
₽3601
-₽11130
₽7652
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
income
-
-
-
28 928
health

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

-
-
-
6 812
total
-
-
-
35 740
Employee
46 620
-
56 825
-
income
5 059
-
7 608
-
social contributions
4 671
-
4 675
-
total
9 730
-
12 283
-
Employer
46 620
-
56 825
-
social contributions
4 671
-
4 675
-
total
4 671
-
4 675
-
Corporate
10 209
61 500
-
-
income
3 574
21 524
-
-
total
3 574
21 524
-
-
Dividends
6 636
39 976
-
-
social contributions
3 034
5 369
-
-
total
3 034
5 369
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 009
26 893
16 958
35 740
After tax
40 491
34 607
44 542
25 760
Living cost
36 890
36 890
36 890
36 890
Free-cash
3 601
-2 283
7 652
-11 130

Estimated living cost  is ₽36890 per week

₽24300
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2908
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9116
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽8084
₽2316
₽8145
₽1835
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
income
-
-
-
11 534
pensions
-
-
-
3 827
total
-
-
-
15 361
Employee
52 152
-
54 823
-
health
680
-
734
-
income
9 497
-
9 957
-
pensions
3 980
-
4 303
-
total
14 157
-
14 994
-
Employer
52 152
-
54 823
-
pensions
5 269
-
5 636
-
health
991
-
1 041
-
total
6 260
-
6 677
-
Corporate
3 088
61 500
-
-
income

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

586
11 685
-
-
total
586
11 685
-
-
Dividends
2 502
49 815
-
-
withholding
187
3 737
-
-
total
187
3 737
-
-
Income
61 500
61 500
61 500
61 500
Total tax
21 190
15 422
21 671
15 361
After tax
40 310
46 078
39 829
46 139
Living cost
37 994
37 994
37 994
37 994
Free-cash
2 316
8 084
1 835
8 145

Estimated living cost  is ₽37994 per week

₽26064
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3494
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.
₽7959
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽19051
₽1295
₽18427
₽8236
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
accident
-
-
-
255
income
-
-
-
12 013
pensions
-
-
-
4 198
other
-
-
-
374
health
-
-
-
2 200
total
-
-
-
19 040
Employee
37 806
-
51 089
-
health
4 329
-
5 849
-
income
5 187
-
7 217
-
pensions
4 257
-
5 753
-
total
13 773
-
18 819
-
Employer
37 806
-
51 089
-
accident
631
-
853
-
unemployment
926
-
1 252
-
pensions
6 147
-
8 307
-
total
7 704
-
10 412
-
Corporate
15 990
61 500
-
-
income

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

14 391
55 350
-
-
total
14 391
55 350
-
-
Dividends
1 599
6 150
-
-
withholding
304
1 168
-
-
total
304
1 168
-
-
Income
61 500
61 500
61 500
61 500
Total tax
36 172
56 518
29 231
19 040
After tax
25 328
4 982
32 269
42 460
Living cost
24 033
24 033
24 033
24 033
Free-cash
1 295
-19 051
8 236
18 427

Estimated living cost  is ₽24033 per week

₽17638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1400
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4511
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽38580
₽33650
₽22524
₽22524
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
61 500
work injury
-
-
-
307
health insurance
-
-
-
4 551
income
-
-
-
8 369
pensions
-
-
-
11 316
unemployment
-
-
-
738
total
-
-
-
25 281
Employee

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

21 911
-
61 500
-
work injury
110
-
307
-
income
2 191
-
8 369
-
pensions
4 032
-
11 316
-
health insurance
1 621
-
4 551
-
unemployment
263
-
738
-
total
8 217
-
25 281
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
39 589
61 500
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
39 589
61 500
-
-
withholding
5 938
9 225
-
-
total
5 938
9 225
-
-
Income
61 500
61 500
61 500
61 500
Total tax
14 155
9 225
25 281
25 281
After tax
47 345
52 275
36 219
36 219
Living cost
13 695
13 695
13 695
13 695
Free-cash
33 650
38 580
22 524
22 524

Estimated living cost  is ₽13695 per week

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

Source of data for Skopje model

Close
Rome , Italy
-₽8090
-₽24137
-₽7350
-₽10762
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
61 500
municipal
-
-
-
411
regional
-
-
-
958
national
-
-
-
11 178
social contributions
-
-
-
15 818
total
-
-
-
28 365
Employee
85 636
-
61 500
-
social contributions
28 876
-
20 738
-
regional
1 293
-
824
-
municipal
511
-
366
-
national
14 472
-
9 849
-
total
45 152
-
31 777
-
Employer
85 636
-
61 500
-
total
-
-
-
-
Corporate
-
61 500
-
-
nationa
-
14 759
-
-
municipal
-
2 964
-
-
total
-
17 723
-
-
Dividends
-
43 777
-
-
withholding
-
11 382
-
-
total
-
11 382
-
-
Income
61 500
61 500
61 500
61 500
Total tax
45 152
29 105
31 777
28 365
After tax
16 348
32 395
29 723
33 135
Living cost
40 485
40 485
40 485
40 485
Free-cash
-24 137
-8 090
-10 762
-7 350

Estimated living cost  is ₽40485 per week

₽28438
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2785
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽611
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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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