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
₽ 62000
per

Your estimated
City
free-cash

Dresden , Germany
₽893
₽12057
₽14212
₽16587
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
trade
-
-
-
2 375
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.

-
-
-
7 538
health

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

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

-
-
-
6 894
surtax

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

-
-
-
414
total
-
-
-
17 221
Employee

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

38 599
-
62 000
-
health

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

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

6 894
-
6 894
-
surtax

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

59
-
414
-
income

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

1 078
-
7 538
-
total
8 031
-
14 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
23 401
62 000
-
-
surtax

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

193
511
-
-
income
3 510
9 300
-
-
trade
3 685
9 765
-
-
chamber of commerce
188
243
-
-
total
7 576
19 819
-
-
Dividends
15 825
42 180
-
-
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.

197
559
-
-
withholding
3 572
10 162
-
-
total
3 769
10 721
-
-
Income
62 000
62 000
62 000
62 000
Total tax
19 376
30 540
14 846
17 221
After tax
42 624
31 460
47 154
44 779
Living cost
30 567
30 567
30 567
30 567
Free-cash
12 057
893
16 587
14 212

Estimated living cost  is ₽30567 per week

₽19228
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3564
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7205
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Dresden model

Close
Reykjavik , Iceland
-₽12306
-₽24224
-₽12338
-₽11851
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
5 976
pensions
-
-
-
7 440
national
-
-
-
9 261
social contributions
-
-
-
667
total
-
-
-
23 344
Employee
79 050
-
53 598
-
municipal
9 764
-
6 216
-
pensions
3 162
-
2 144
-
national
15 130
-
9 633
-
total
28 056
-
17 993
-
Employer
79 050
-
53 598
-
social contributions
850
-
576
-
pensions
6 324
-
4 288
-
total
7 174
-
4 864
-
Corporate
-
62 000
-
-
income

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

-
12 400
-
-
total
-
12 400
-
-
Dividends
-
49 600
-
-
withholding
-
10 912
-
-
total
-
10 912
-
-
Income
62 000
62 000
62 000
62 000
Total tax
35 230
23 312
22 857
23 344
After tax
26 770
38 688
39 143
38 656
Living cost
50 994
50 994
50 994
50 994
Free-cash
-24 224
-12 306
-11 851
-12 338

Estimated living cost  is ₽50994 per week

₽34660
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4740
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽763
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10830
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

It is very difficult to get a residence permit on a basis of self-employment for a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit). EU/EFTA nationals and long-term EU resident permit holders can register self-employed and apply for a permanent residence.

Source of data for Reykjavik model

Close
Riga , Latvia
₽28605
₽20328
₽28528
₽14396
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
microenterprise
-
-
-
9 300
income
-
-
-
-
surtax
-
-
-
-
social contributions

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

-
-
-
3 177
total
-
-
-
12 477
Employee
29 489
-
49 964
-
social contributions

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

3 244
-
5 496
-
surtax
-
-
-
-
income
5 249
-
9 077
-
total
8 493
-
14 573
-
Employer
29 489
-
49 964
-
social contributions

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

7 103
-
12 036
-
surtax
-
-
-
-
total
7 103
-
12 036
-
Corporate
25 408
62 000
-
-
income

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

5 081
12 400
-
-
total
5 081
12 400
-
-
Dividends

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

20 327
49 600
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
20 677
12 400
26 609
12 477
After tax
41 323
49 600
35 391
49 523
Living cost
20 995
20 995
20 995
20 995
Free-cash
20 328
28 605
14 396
28 528

Estimated living cost  is ₽20995 per week

₽13394
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1999
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5125
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Riga model

Close
Rotterdam , Netherlands
-₽32547
-₽38212
-₽6864
-₽38212
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
5 913
pensions
-
-
-
11 159
health
-
-
-
9 516
total
-
-
-
26 588
Employee
86 180
86 180
86 180
-
health
13 228
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
15 512
11 824
15 512
-
total
42 846
37 181
42 846
-
Employer
86 180
86 180
86 180
-
unemployment
3 102
3 102
3 102
-
pensions
5 998
5 998
5 998
-
health
5 990
5 990
5 990
-
total
15 090
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
57 936
52 271
57 936
26 588
After tax
4 064
9 729
4 064
35 412
Living cost
42 276
42 276
42 276
42 276
Free-cash
-38 212
-32 547
-38 212
-6 864

Estimated living cost  is ₽42276 per week

₽29960
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3811
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽672
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7833
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rotterdam model

Close
Stockholm , Sweden
-₽5140
-₽11017
-₽8085
-₽5882
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
13 132
accident
-
-
-
124
pensions
-
-
-
6 702
other
-
-
-
7 204
unemployment
-
-
-
62
health
-
-
-
3 869
national
-
-
-
-
total
-
-
-
31 093
Employee
55 560
-
47 177
-
municipal
16 568
-
14 068
-
national
-
-
-
-
total
16 568
-
14 068
-
Employer
55 560
-
47 177
-
accident
111
-
94
-
other
6 456
-
5 482
-
unemployment
1 467
-
1 245
-
pensions
6 006
-
5 100
-
health
3 417
-
2 901
-
total
17 457
-
14 822
-
Corporate
-
62 000
-
-
income
-
13 640
-
-
total
-
13 640
-
-
Dividends
-
48 360
-
-
withholding
-
14 508
-
-
total
-
14 508
-
-
Income
62 000
62 000
62 000
62 000
Total tax
34 025
28 148
28 890
31 093
After tax
27 975
33 852
33 110
30 907
Living cost
38 992
38 992
38 992
38 992
Free-cash
-11 017
-5 140
-5 882
-8 085

Estimated living cost  is ₽38992 per week

₽25842
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3826
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8731
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Stockholm model

Close
Hamburg , Germany
-₽8504
₽5676
₽5029
₽7509
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
trade
-
-
-
2 480
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.

-
-
-
7 538
health

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

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

-
-
-
6 894
surtax

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

-
-
-
414
total
-
-
-
17 326
Employee

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

51 178
-
62 000
-
health

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

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

6 894
-
6 894
-
surtax

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

241
-
414
-
income

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

4 397
-
7 538
-
total
11 532
-
14 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
10 822
62 000
-
-
surtax

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

90
511
-
-
income
1 624
9 300
-
-
trade
1 781
10 200
-
-
chamber of commerce
169
241
-
-
total
3 664
20 252
-
-
Dividends
7 159
41 748
-
-
surtax

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

77
553
-
-
withholding
1 406
10 054
-
-
total
1 483
10 607
-
-
Income
62 000
62 000
62 000
62 000
Total tax
16 679
30 859
14 846
17 326
After tax
45 321
31 141
47 154
44 674
Living cost
39 645
39 645
39 645
39 645
Free-cash
5 676
-8 504
7 509
5 029

Estimated living cost  is ₽39645 per week

₽26515
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4181
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽592
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8358
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽6445
₽8688
₽15333
₽10104
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
2 681
health
-
-
-
1 582
social contributions
-
-
-
9 671
total
-
-
-
13 934
Employee
77 601
77 601
77 601
-
social contributions
3 771
6 441
4 671
-
health
772
1 320
958
-
income
8 149
7 184
7 821
-
total
12 692
14 945
13 450
-
Employer
77 601
77 601
77 601
-
social contributions
3 771
6 441
4 671
-
health
841
1 436
1 042
-
total
4 612
7 877
5 713
-
Corporate
11 964
-
-
-
income
1 496
-
-
-
total
1 496
-
-
-
Dividends
10 468
-
-
-
withholding
1 779
-
-
-
total
1 779
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
20 579
22 822
19 163
13 934
After tax
41 421
39 178
42 837
48 066
Living cost
32 733
32 733
32 733
32 733
Free-cash
8 688
6 445
10 104
15 333

Estimated living cost  is ₽32733 per week

₽22376
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2557
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7251
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Limassol model

Close
Budapest , Hungary
₽16736
₽17117
₽24615
₽17606
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
7 579
pensions
-
-
-
6 200
unemployment
-
-
-
930
health
-
-
-
4 340
total
-
-
-
19 049
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.

26 469
10 534
51 883
-
health
1 853
737
3 632
-
income
3 236
1 288
6 343
-
pensions
2 647
1 053
5 188
-
unemployment
397
158
778
-
total
8 133
3 236
15 941
-
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.

26 469
10 534
51 883
-
pensions
5 161
2 054
10 117
-
total
5 161
2 054
10 117
-
Corporate
30 370
49 412
-
-
income
2 733
4 447
-
-
total
2 733
4 447
-
-
Dividends
27 637
44 965
-
-
social contributions
5 269
8 648
-
-
withholding
5 251
8 543
-
-
total
10 520
17 191
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 547
26 928
26 058
19 049
After tax
35 453
35 072
35 942
42 951
Living cost
18 336
18 336
18 336
18 336
Free-cash
17 117
16 736
17 606
24 615

Estimated living cost  is ₽18336 per week

₽12513
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1500
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽366
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3957
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Budapest model

Close
Tallinn , Estonia
₽25225
₽18956
₽9603
₽11759
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
7 561
pensions
-
-
-
12 400
health
-
-
-
8 061
total
-
-
-
28 022
Employee
28 629
-
46 338
-
income
3 223
-
8 536
-
pensions
573
-
927
-
unemployment
458
-
741
-
total
4 254
-
10 204
-
Employer
28 629
-
46 338
-
unemployment
230
-
372
-
pensions
5 726
-
9 267
-
health
3 721
-
6 023
-
total
9 677
-
15 662
-
Corporate
23 694
62 000
-
-
income
4 738
12 400
-
-
total
4 738
12 400
-
-
Dividends
18 956
49 600
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
18 669
12 400
25 866
28 022
After tax
43 331
49 600
36 134
33 978
Living cost
24 375
24 375
24 375
24 375
Free-cash
18 956
25 225
11 759
9 603

Estimated living cost  is ₽24375 per week

₽16719
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1452
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽490
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5715
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Tallinn model

Close
Gdansk , Poland
-₽17050
₽1636
₽20725
₽10385
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
253
income
-
-
-
12 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
19 203
Employee
34 721
-
51 504
-
health
3 975
-
5 897
-
income
4 763
-
7 350
-
pensions
3 910
-
5 799
-
total
12 648
-
19 046
-
Employer
34 721
-
51 504
-
accident
580
-
860
-
unemployment
851
-
1 262
-
pensions
5 646
-
8 375
-
total
7 077
-
10 497
-
Corporate
20 203
62 000
-
-
income

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

18 183
55 800
-
-
total
18 183
55 800
-
-
Dividends
2 020
6 200
-
-
withholding
384
1 178
-
-
total
384
1 178
-
-
Income
62 000
62 000
62 000
62 000
Total tax
38 292
56 978
29 543
19 203
After tax
23 708
5 022
32 457
42 797
Living cost
22 072
22 072
22 072
22 072
Free-cash
1 636
-17 050
10 385
20 725

Estimated living cost  is ₽22072 per week

₽16177
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽461
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4212
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽49820
₽48118
₽52300
₽40520
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
11 349
-
62 000
-
income
2 270
-
12 400
-
total
2 270
-
12 400
-
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%.

50 651
62 000
-
-
total
-
-
-
-
Dividends
50 651
62 000
-
-
withholding
2 532
3 100
-
-
total
2 532
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
4 802
3 100
12 400
620
After tax
57 198
58 900
49 600
61 380
Living cost
9 080
9 080
9 080
9 080
Free-cash
48 118
49 820
40 520
52 300

Estimated living cost  is ₽9080 per week

₽5627
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽755
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽250
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽2448
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Batumi model

Close
Bratislava , Slovakia
₽18660
₽11845
₽6683
₽9450
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
7 875
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.

-
-
-
14 879
other
-
-
-
2 945
health
-
-
-
2 727
total
-
-
-
28 426
Employee
36 642
-
49 519
-
health
513
-
693
-
income
6 308
-
8 524
-
pensions

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

2 564
-
3 466
-
unemployment
366
-
496
-
total
9 751
-
13 179
-
Employer
36 642
-
49 519
-
accident
293
-
396
-
other
1 833
-
2 476
-
unemployment
366
-
496
-
pensions

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

6 230
-
8 419
-
health
513
-
693
-
total
9 235
-
12 480
-
Corporate
16 123
62 000
-
-
income
3 386
13 021
-
-
total
3 386
13 021
-
-
Dividends
12 737
48 979
-
-
withholding
892
3 428
-
-
total
892
3 428
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 264
16 449
25 659
28 426
After tax
38 736
45 551
36 341
33 574
Living cost
26 891
26 891
26 891
26 891
Free-cash
11 845
18 660
9 450
6 683

Estimated living cost  is ₽26891 per week

₽19000
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1816
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽433
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5642
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Bratislava model

Close
London , United Kingdom
-₽21273
-₽46956
-₽21237
-₽27633
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
11 622
pensions
-
-
-
3 889
total
-
-
-
15 511
Employee
95 822
-
55 236
-
health
1 579
-
747
-
income
17 273
-
10 023
-
pensions
9 244
-
4 373
-
total
28 096
-
15 143
-
Employer
95 822
-
55 236
-
pensions
11 314
-
5 714
-
health
1 820
-
1 050
-
total
13 134
-
6 764
-
Corporate
-
62 000
-
-
income

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

-
11 780
-
-
total
-
11 780
-
-
Dividends
-
50 220
-
-
withholding
-
3 767
-
-
total
-
3 767
-
-
Income
62 000
62 000
62 000
62 000
Total tax
41 230
15 547
21 907
15 511
After tax
20 770
46 453
40 093
46 489
Living cost
67 726
67 726
67 726
67 726
Free-cash
-46 956
-21 273
-27 633
-21 237

Estimated living cost  is ₽67726 per week

₽50749
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽7957
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽551
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for London model

Close
Varna , Bulgaria
₽39771
₽35081
₽30044
₽31225
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 300
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 717
Employee
17 531
-
55 080
-
health
806
-
1 622
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
income
1 753
-
5 508
-
pensions

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

1 539
-
3 097
-
total
4 291
-
10 615
-
Employer
17 531
-
55 080
-
accident

We are using the highest rate at 1.1%.

193
-
388
-
unemployment
105
-
212
-
pensions

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

1 932
-
3 887
-
health
1 210
-
2 434
-
total
3 440
-
6 921
-
Corporate
41 029
62 000
-
-
income
4 103
6 200
-
-
total
4 103
6 200
-
-
Dividends
36 926
55 800
-
-
withholding
1 846
2 790
-
-
total
1 846
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
13 680
8 990
17 536
18 717
After tax
48 320
53 010
44 464
43 283
Living cost
13 239
13 239
13 239
13 239
Free-cash
35 081
39 771
31 225
30 044

Estimated living cost  is ₽13239 per week

₽7729
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽945
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽351
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4214
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Varna model

Close
Amsterdam , Netherlands
-₽46232
-₽47946
-₽20549
-₽51897
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
5 913
pensions
-
-
-
11 159
health
-
-
-
9 516
total
-
-
-
26 588
Employee
93 564
86 180
86 180
-
health
11 673
11 251
13 228
-
income

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

14 106
14 106
14 106
-
pensions
11 824
11 824
15 512
-
total
37 603
37 181
42 846
-
Employer
93 564
86 180
86 180
-
unemployment
3 369
3 102
3 102
-
pensions
6 511
5 998
5 998
-
health
6 502
5 990
5 990
-
total
16 382
15 090
15 090
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
income
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
53 985
52 271
57 936
26 588
After tax
8 015
9 729
4 064
35 412
Living cost
55 961
55 961
55 961
55 961
Free-cash
-47 946
-46 232
-51 897
-20 549

Estimated living cost  is ₽55961 per week

₽41280
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4998
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽642
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9041
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Amsterdam model

Close
Brno , Czech Republic
₽18516
₽9894
₽6026
₽7293
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
5 329
health
-
-
-
8 370
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 104
total
-
-
-
31 803
Employee
35 546
-
46 269
-
social contributions
2 310
-
3 007
-
health
4 799
-
6 246
-
solidarity contribution
-
-
-
-
income
4 265
-
5 552
-
total
11 374
-
14 805
-
Employer
35 546
-
46 269
-
social contributions
8 886
-
11 567
-
health
3 199
-
4 164
-
total
12 085
-
15 731
-
Corporate
14 369
62 000
-
-
income
2 730
11 780
-
-
total
2 730
11 780
-
-
Dividends
11 639
50 220
-
-
withholding
1 746
7 533
-
-
total
1 746
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 935
19 313
30 536
31 803
After tax
34 065
42 687
31 464
30 197
Living cost
24 171
24 171
24 171
24 171
Free-cash
9 894
18 516
7 293
6 026

Estimated living cost  is ₽24171 per week

₽16789
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1720
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.
₽5187
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
-₽9506
-₽27689
-₽8812
-₽12314
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
368
regional
-
-
-
627
national
-
-
-
11 286
social contributions
-
-
-
15 947
total
-
-
-
28 228
Employee
89 690
-
62 000
-
social contributions
30 243
-
20 907
-
regional
846
-
549
-
municipal
475
-
329
-
national
15 541
-
9 945
-
total
47 105
-
31 730
-
Employer
89 690
-
62 000
-
total
-
-
-
-
Corporate
-
62 000
-
-
nationa
-
14 880
-
-
municipal
-
2 419
-
-
total
-
17 299
-
-
Dividends
-
44 701
-
-
withholding
-
11 623
-
-
total
-
11 623
-
-
Income
62 000
62 000
62 000
62 000
Total tax
47 105
28 922
31 730
28 228
After tax
14 895
33 078
30 270
33 772
Living cost
42 584
42 584
42 584
42 584
Free-cash
-27 689
-9 506
-12 314
-8 812

Estimated living cost  is ₽42584 per week

₽29684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2792
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽653
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9453
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Milan model

Close
Thessaloniki , Greece
₽16728
₽13588
₽12435
₽11090
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 595
pensions
-
-
-
12 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 401
surtax
-
-
-
670
total
-
-
-
27 296
Employee
33 373
-
51 218
-
other
-
-
-
-
health
852
-
1 306
-
surtax
109
-
569
-
income
5 594
-
9 003
-
pensions
2 225
-
3 417
-
unemployment
2 323
-
3 564
-
total
11 103
-
17 859
-
Employer
33 373
-
51 218
-
other
-
-
-
-
unemployment
1 057
-
1 624
-
pensions
4 449
-
6 827
-
health
1 519
-
2 331
-
total
7 025
-
10 782
-
Corporate
21 602
62 000
-
-
income
5 617
16 120
-
-
total
5 617
16 120
-
-
Dividends
15 985
45 880
-
-
withholding
2 398
6 883
-
-
total
2 398
6 883
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 143
23 003
28 641
27 296
After tax
35 857
38 997
33 359
34 704
Living cost
22 269
22 269
22 269
22 269
Free-cash
13 588
16 728
11 090
12 435

Estimated living cost  is ₽22269 per week

₽13616
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2055
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽513
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6084
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Thessaloniki model

Close
Cambridge , United Kingdom
₽184
-₽10390
₽220
-₽6176
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
11 622
pensions
-
-
-
3 889
total
-
-
-
15 511
Employee
64 218
-
55 236
-
health
932
-
747
-
income
11 566
-
10 023
-
pensions
5 451
-
4 373
-
total
17 949
-
15 143
-
Employer
64 218
-
55 236
-
pensions
6 952
-
5 714
-
health
1 220
-
1 050
-
total
8 172
-
6 764
-
Corporate
-
62 000
-
-
income

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

-
11 780
-
-
total
-
11 780
-
-
Dividends
-
50 220
-
-
withholding
-
3 767
-
-
total
-
3 767
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 121
15 547
21 907
15 511
After tax
35 879
46 453
40 093
46 489
Living cost
46 269
46 269
46 269
46 269
Free-cash
-10 390
184
-6 176
220

Estimated living cost  is ₽46269 per week

₽34664
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3468
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽484
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7652
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Cambridge model

Close
Zurich , Switzerland
-₽47923
-₽35764
-₽23799
-₽26958
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
city
-
-
-
652
pensions
-
-
-
5 705
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.

-
-
-
1 240
regional
-
-
-
1 475
health
-
-
-
249
national
-
-
-
204
total
-
-
-
9 525
Employee
89 260
-
55 492
-
city
958
-
596
-
regional
2 923
-
1 240
-
health
202
-
125
-
pensions
7 499
-
4 660
-
unemployment
-
-
-
-
national
422
-
167
-
total
12 004
-
6 788
-
Employer
89 260
-
55 492
-
other

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

1 785
-
1 111
-
unemployment
-
-
-
-
pensions
7 499
-
4 660
-
health
202
-
125
-
total
9 486
-
5 896
-
Corporate
-
62 000
-
-
regional
-
13 113
-
-
national
-
5 270
-
-
total
-
18 383
-
-
Dividends
-
43 617
-
-
withholding
-
15 266
-
-
total
-
15 266
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 490
33 649
12 684
9 525
After tax
40 510
28 351
49 316
52 475
Living cost
76 274
76 274
76 274
76 274
Free-cash
-35 764
-47 923
-26 958
-23 799

Estimated living cost  is ₽76274 per week

₽49600
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽6845
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽936
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽18893
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at 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
-₽15409
₽749
-₽1662
₽923
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
trade
-
-
-
2 585
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.

-
-
-
7 538
health

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

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

-
-
-
6 894
surtax

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

-
-
-
414
total
-
-
-
17 431
Employee

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

60 650
-
62 000
-
health

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

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

6 894
-
6 894
-
surtax

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

393
-
414
-
income

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

7 132
-
7 538
-
total
14 419
-
14 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
1 350
62 000
-
-
surtax

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

11
511
-
-
income
203
9 300
-
-
trade
232
10 633
-
-
chamber of commerce
155
241
-
-
total
601
20 685
-
-
Dividends
749
41 315
-
-
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.

-
548
-
-
withholding
-
9 945
-
-
total
-
10 493
-
-
Income
62 000
62 000
62 000
62 000
Total tax
15 020
31 178
14 846
17 431
After tax
46 980
30 822
47 154
44 569
Living cost
46 231
46 231
46 231
46 231
Free-cash
749
-15 409
923
-1 662

Estimated living cost  is ₽46231 per week

₽33765
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3698
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽601
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8168
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Munich model

Close
Nice , France
-₽3281
₽2683
₽2538
₽2991
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
2 976
pensions
-
-
-
17 734
other
-
-
-
1 923
health
-
-
-
536
surtax
-
-
-
-
social contributions
-
-
-
1 766
total
-
-
-
24 935
Employee
43 191
-
47 246
-
social contributions
1 231
-
1 346
-
surtax
-
-
-
-
income
2 549
-
3 039
-
pensions
4 884
-
5 343
-
total
8 664
-
9 728
-
Employer
43 191
-
47 246
-
other
1 490
-
1 630
-
social contributions
130
-
142
-
unemployment
1 748
-
1 913
-
pensions
7 095
-
7 762
-
health
3 024
-
3 307
-
total
13 487
-
14 754
-
Corporate
5 320
62 000
-
-
surtax
-
-
-
-
income
1 490
17 361
-
-
total
1 490
17 361
-
-
Dividends
3 830
44 639
-
-
surtax
-
-
-
-
social contributions
659
7 678
-
-
withholding
490
5 715
-
-
total
1 149
13 393
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 790
30 754
24 482
24 935
After tax
37 210
31 246
37 518
37 065
Living cost
34 527
34 527
34 527
34 527
Free-cash
2 683
-3 281
2 991
2 538

Estimated living cost  is ₽34527 per week

₽21771
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2808
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽588
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9363
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Nice model

Close
Marseille , France
₽139
₽5749
₽5958
₽6411
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
2 976
pensions
-
-
-
17 734
other
-
-
-
1 923
health
-
-
-
536
surtax
-
-
-
-
social contributions
-
-
-
1 766
total
-
-
-
24 935
Employee
38 554
-
47 246
-
social contributions
1 099
-
1 346
-
surtax
-
-
-
-
income
1 988
-
3 039
-
pensions
4 361
-
5 343
-
total
7 448
-
9 728
-
Employer
38 554
-
47 246
-
other
1 331
-
1 630
-
social contributions
115
-
142
-
unemployment
1 561
-
1 913
-
pensions
6 335
-
7 762
-
health
2 698
-
3 307
-
total
12 040
-
14 754
-
Corporate
11 405
62 000
-
-
surtax
-
-
-
-
income
3 194
17 361
-
-
total
3 194
17 361
-
-
Dividends
8 211
44 639
-
-
surtax
-
-
-
-
social contributions
1 411
7 678
-
-
withholding
1 051
5 715
-
-
total
2 462
13 393
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 144
30 754
24 482
24 935
After tax
36 856
31 246
37 518
37 065
Living cost
31 107
31 107
31 107
31 107
Free-cash
5 749
139
6 411
5 958

Estimated living cost  is ₽31107 per week

₽18040
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3160
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽590
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9317
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Marseille model

Close
Vilnius , Lithuania
₽16426
₽16951
₽18416
₽15618
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 300
health
-
-
-
4 328
social contributions
-
-
-
8 557
total
-
-
-
22 185
Employee
34 217
-
62 000
-
social contributions
4 723
-
8 557
-
health
2 388
-
4 328
-
income
5 707
-
12 098
-
total
12 818
-
24 983
-
Employer
34 217
-
62 000
-
total
-
-
-
-
Corporate
27 783
62 000
-
-
income

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

1 388
3 101
-
-
total
1 388
3 101
-
-
Dividends
26 394
58 899
-
-
health
1 842
4 112
-
-
social contributions
3 643
8 128
-
-
withholding
3 959
8 834
-
-
total
9 444
21 074
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 650
24 175
24 983
22 185
After tax
38 350
37 825
37 017
39 815
Living cost
21 399
21 399
21 399
21 399
Free-cash
16 951
16 426
15 618
18 416

Estimated living cost  is ₽21399 per week

₽14321
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1320
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽492
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5265
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Vilnius model

Close
Vienna , Austria
-₽152
-₽4106
-₽1556
-₽12346
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
chamber of commerce
-
-
-
247
income
-
-
-
5 146
pensions
-
-
-
11 470
unemployment
-
-
-
6 190
health
-
-
-
4 744
surtax
-
-
-
199
total
-
-
-
27 996
Employee
50 434
40 217
47 989
-
other
504
402
481
-
health
1 952
1 557
1 858
-
income
5 742
2 967
5 041
-
pensions
5 165
4 117
4 914
-
unemployment
1 513
1 207
1 440
-
total
14 876
10 250
13 734
-
Employer
50 434
40 217
47 989
-
accident
655
523
624
-
other
2 396
1 909
2 279
-
chamber of commerce
201
161
192
-
unemployment
1 513
1 207
1 440
-
surtax
199
199
199
-
pensions
6 329
5 048
6 023
-
payroll
1 513
1 207
1 440
-
health
1 906
1 521
1 814
-
total
14 712
11 775
14 011
-
Corporate
3 830
10 009
44 159
-
income

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

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

958
2 503
11 041
-
total
958
2 503
11 041
-
Dividends
-
7 505
-
-
withholding
-
2 064
-
-
total
-
2 064
-
-
Income
62 000
62 000
62 000
62 000
Total tax
30 546
26 592
38 786
27 996
After tax
31 454
35 408
23 214
34 004
Living cost
35 560
35 560
35 560
35 560
Free-cash
-4 106
-152
-12 346
-1 556

Estimated living cost  is ₽35560 per week

₽23717
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3034
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽584
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8225
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Vienna model

Close
Brussels , Belgium
-₽1883
-₽31199
-₽4078
-₽10448
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
national
-
-
-
18 447
communal

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

-
-
-
3 265
social contributions
-
-
-
7 570
total
-
-
-
29 282
Employee

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

72 187
-
48 020
-
communal

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

3 765
-
2 505
-
health

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

3 392
-
2 256
-
pensions

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

5 414
-
3 602
-
unemployment

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

628
-
417
-
national
22 193
-
12 892
-
total
35 392
-
21 672
-
Employer

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

72 187
-
48 020
-
accident

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

938
-
624
-
unemployment

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

1 053
-
701
-
surtax
8 185
-
5 447
-
pensions

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

6 396
-
4 255
-
health

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

4 439
-
2 953
-
total
21 011
-
13 980
-
Corporate
-
62 000
-
-
surtax
-
249
-
-
income
-
12 400
-
-
total
-
12 649
-
-
Dividends
-
49 351
-
-
withholding

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

-
14 438
-
-
total
-
14 438
-
-
Income
62 000
62 000
62 000
62 000
Total tax
56 403
27 087
35 652
29 282
After tax
5 597
34 913
26 348
32 718
Living cost
36 796
36 796
36 796
36 796
Free-cash
-31 199
-1 883
-10 448
-4 078

Estimated living cost  is ₽36796 per week

₽23701
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3217
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽576
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9302
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Brussels model

Close
Barcelona , Spain
₽5416
-₽4248
-₽2553
-₽2112
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
557
income
-
-
-
9 508
pensions
-
-
-
17 546
other
-
-
-
61
unemployment
-
-
-
435
total
-
-
-
28 107
Employee
50 235
-
47 012
-
other
50
-
48
-
income
10 599
-
9 695
-
pensions
2 361
-
2 210
-
unemployment
779
-
728
-
total
13 789
-
12 681
-
Employer
50 235
-
47 012
-
accident
994
-
931
-
other
400
-
375
-
unemployment
2 764
-
2 585
-
pensions
11 855
-
11 094
-
total
16 013
-
14 985
-
Corporate
-
62 000
-
-
income

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

-
9 300
-
-
total
-
9 300
-
-
Dividends
-
52 700
-
-
withholding
-
10 838
-
-
total
-
10 838
-
-
Income
62 000
62 000
62 000
62 000
Total tax
29 802
20 138
27 666
28 107
After tax
32 198
41 862
34 334
33 893
Living cost
36 446
36 446
36 446
36 446
Free-cash
-4 248
5 416
-2 112
-2 553

Estimated living cost  is ₽36446 per week

₽26838
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2585
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6496
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Barcelona model

Close
Luxembourg , Luxembourg
-₽16022
-₽23555
-₽14149
-₽12936
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
557
income
-
-
-
2 898
pensions
-
-
-
9 920
health
-
-
-
4 650
surtax
-
-
-
3 281
communal
-
-
-
-
total
-
-
-
21 306
Employee
76 425
-
55 381
-
health
3 401
-
2 465
-
surtax
4 684
-
3 394
-
income
7 382
-
3 187
-
pensions
6 113
-
4 430
-
total
21 580
-
13 476
-
Employer
76 425
-
55 381
-
accident
688
-
498
-
pensions
6 113
-
4 430
-
health
2 331
-
1 689
-
total
9 132
-
6 617
-
Corporate
-
62 000
-
-
surtax
-
651
-
-
communal
-
4 185
-
-
income
-
9 300
-
-
total
-
14 136
-
-
Dividends
-
47 865
-
-
income
-
1 863
-
-
withholding
-
7 180
-
-
total
-
9 043
-
-
Income
62 000
62 000
62 000
62 000
Total tax
30 712
23 179
20 093
21 306
After tax
31 288
38 821
41 907
40 694
Living cost
54 843
54 843
54 843
54 843
Free-cash
-23 555
-16 022
-12 936
-14 149

Estimated living cost  is ₽54843 per week

₽41140
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3323
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽580
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9798
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Luxembourg model

Close
Athens , Greece
₽16330
₽13122
₽12037
₽10692
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 595
pensions
-
-
-
12 400
other
-
-
-
-
unemployment
-
-
-
230
health
-
-
-
4 401
surtax
-
-
-
670
total
-
-
-
27 296
Employee
33 986
-
51 218
-
other
-
-
-
-
health
868
-
1 306
-
surtax
121
-
569
-
income
5 697
-
9 003
-
pensions
2 267
-
3 417
-
unemployment
2 365
-
3 564
-
total
11 318
-
17 859
-
Employer
33 986
-
51 218
-
other
-
-
-
-
unemployment
1 078
-
1 624
-
pensions
4 531
-
6 827
-
health
1 545
-
2 331
-
total
7 154
-
10 782
-
Corporate
20 859
62 000
-
-
income
5 424
16 120
-
-
total
5 424
16 120
-
-
Dividends
15 436
45 880
-
-
withholding
2 315
6 883
-
-
total
2 315
6 883
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 211
23 003
28 641
27 296
After tax
35 789
38 997
33 359
34 704
Living cost
22 667
22 667
22 667
22 667
Free-cash
13 122
16 330
10 692
12 037

Estimated living cost  is ₽22667 per week

₽13685
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1971
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽527
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Athens model

Close
Naples , Italy
₽5404
₽3162
₽6278
₽2800
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
368
regional
-
-
-
936
national
-
-
-
11 286
social contributions
-
-
-
15 947
total
-
-
-
28 537
Employee
55 981
-
62 000
-
social contributions
18 877
-
20 907
-
regional
754
-
834
-
municipal
297
-
329
-
national
8 869
-
9 945
-
total
28 797
-
32 015
-
Employer
55 981
-
62 000
-
total
-
-
-
-
Corporate
6 019
62 000
-
-
nationa
1 444
14 880
-
-
municipal
299
3 081
-
-
total
1 743
17 961
-
-
Dividends
4 276
44 038
-
-
withholding
1 113
11 450
-
-
total
1 113
11 450
-
-
Income
62 000
62 000
62 000
62 000
Total tax
31 653
29 411
32 015
28 537
After tax
30 347
32 589
29 985
33 463
Living cost
27 185
27 185
27 185
27 185
Free-cash
3 162
5 404
2 800
6 278

Estimated living cost  is ₽27185 per week

₽16907
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2754
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽465
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7059
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Naples model

Close
Prague , Czech Republic
₽12902
₽2277
₽412
₽1679
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
5 329
health
-
-
-
8 370
solidarity contribution
-
-
-
-
social contributions
-
-
-
18 104
total
-
-
-
31 803
Employee
43 801
-
46 269
-
social contributions
2 847
-
3 007
-
health
5 913
-
6 246
-
solidarity contribution
-
-
-
-
income
5 256
-
5 552
-
total
14 016
-
14 805
-
Employer
43 801
-
46 269
-
social contributions
10 950
-
11 567
-
health
3 942
-
4 164
-
total
14 892
-
15 731
-
Corporate
3 306
62 000
-
-
income
628
11 780
-
-
total
628
11 780
-
-
Dividends
2 678
50 220
-
-
withholding
402
7 533
-
-
total
402
7 533
-
-
Income
62 000
62 000
62 000
62 000
Total tax
29 938
19 313
30 536
31 803
After tax
32 062
42 687
31 464
30 197
Living cost
29 785
29 785
29 785
29 785
Free-cash
2 277
12 902
1 679
412

Estimated living cost  is ₽29785 per week

₽22150
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1650
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽515
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5470
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3319
₽2822
₽2006
-₽8934
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
chamber of commerce
-
-
-
247
income
-
-
-
5 146
pensions
-
-
-
11 470
unemployment
-
-
-
6 190
health
-
-
-
4 744
surtax
-
-
-
-
total
-
-
-
27 797
Employee
44 114
40 217
48 144
-
other
440
402
481
-
health
1 706
1 557
1 863
-
income
3 930
2 967
5 085
-
pensions
4 518
4 117
4 930
-
unemployment
1 323
1 207
1 444
-
total
11 917
10 250
13 803
-
Employer
44 114
40 217
48 144
-
accident
573
523
626
-
other
2 095
1 909
2 287
-
chamber of commerce
176
161
193
-
unemployment
1 323
1 207
1 444
-
surtax
-
-
-
-
pensions
5 537
5 048
6 042
-
payroll
1 323
1 207
1 444
-
health
1 668
1 521
1 819
-
total
12 695
11 576
13 855
-
Corporate
5 190
10 208
44 314
-
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.

1 298
2 553
11 079
-
total
1 298
2 553
11 079
-
Dividends
3 892
7 655
-
-
withholding
1 071
2 105
-
-
total
1 071
2 105
-
-
Income
62 000
62 000
62 000
62 000
Total tax
26 981
26 484
38 737
27 797
After tax
35 019
35 516
23 263
34 203
Living cost
32 197
32 197
32 197
32 197
Free-cash
2 822
3 319
-8 934
2 006

Estimated living cost  is ₽32197 per week

₽19314
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3288
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽575
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9020
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

As a Third Country National (non-EU/EFTA/Swiss and without a long-term EU resident permit), you can apply for permanent residence when your business creates macroeconomic benefit. This could be an investment starting from €100,000, creating new jobs or securing existing ones, or making a substantial contribution to the region's economy. You can also be considered with a transfer of know-how to Austria or an evident commitment to develop an innovative product or technology.

Source of data for Graz model

Close
Tbilisi , Georgia
₽44751
₽42099
₽47231
₽35451
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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%.

-
-
-
62 000
microenterprise

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

-
-
-
620
total
-
-
-
620
Employee
17 686
-
62 000
-
income
3 537
-
12 400
-
total
3 537
-
12 400
-
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%.

44 314
62 000
-
-
total
-
-
-
-
Dividends
44 314
62 000
-
-
withholding
2 215
3 100
-
-
total
2 215
3 100
-
-
Income
62 000
62 000
62 000
62 000
Total tax
5 752
3 100
12 400
620
After tax
56 248
58 900
49 600
61 380
Living cost
14 149
14 149
14 149
14 149
Free-cash
42 099
44 751
35 451
47 231

Estimated living cost  is ₽14149 per week

₽9575
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽594
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽474
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3505
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

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

Source of data for Tbilisi model

Close
Ljubljana , Slovenia
₽15619
₽7179
₽6714
₽4936
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
income
-
-
-
10 699
pensions
-
-
-
11 322
unemployment
-
-
-
94
health
-
-
-
6 102
total
-
-
-
28 217
Employee

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

44 626
-
53 646
-
health
2 882
-
3 466
-
income
7 696
-
9 784
-
pensions
6 917
-
8 315
-
unemployment
63
-
75
-
total
17 558
-
21 640
-
Employer

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

44 626
-
53 646
-
unemployment
27
-
33
-
pensions
3 949
-
4 748
-
health
2 972
-
3 574
-
total
6 948
-
8 355
-
Corporate
10 426
62 000
-
-
income
1 980
11 780
-
-
total
1 980
11 780
-
-
Dividends
8 445
50 220
-
-
withholding
1 266
7 532
-
-
total
1 266
7 532
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 752
19 312
29 995
28 217
After tax
34 248
42 688
32 005
33 783
Living cost
27 069
27 069
27 069
27 069
Free-cash
7 179
15 619
4 936
6 714

Estimated living cost  is ₽27069 per week

₽18577
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1735
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽525
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6234
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Ljubljana model

Close
Oslo , Norway
-₽5863
-₽88609
-₽737
₽5128
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
12 085
social contributions
-
-
-
7 068
total
-
-
-
19 153
Employee
62 493
-
-
-
social contributions
5 124
-
730
-
income
13 785
-
-
-
total
18 909
-
730
-
Employer
62 493
-
-
-
social contributions
88 116
-
12 558
-
total
88 116
-
12 558
-
Corporate
-
62 000
-
-
income
-
13 640
-
-
total
-
13 640
-
-
Dividends
-
48 360
-
-
income
-
10 639
-
-
total
-
10 639
-
-
Income
62 000
62 000
62 000
62 000
Total tax
107 025
24 279
13 288
19 153
After tax
-45 025
37 721
48 712
42 847
Living cost
43 584
43 584
43 584
43 584
Free-cash
-88 609
-5 863
5 128
-737

Estimated living cost  is ₽43584 per week

₽28279
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4099
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽555
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10650
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽3610
₽2595
₽3970
₽2131
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
income
-
-
-
4 830
surtax
-
-
-
-
social contributions

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

-
-
-
21 545
total
-
-
-
26 375
Employee
46 415
-
50 101
-
social contributions
5 106
-
5 512
-
surtax
-
-
-
-
income
9 654
-
10 803
-
total
14 760
-
16 315
-
Employer
46 415
-
50 101
-
social contributions
11 023
-
11 899
-
total
11 023
-
11 899
-
Corporate
4 562
62 000
-
-
surtax
-
-
-
-
income
958
13 021
-
-
total
958
13 021
-
-
Dividends
3 605
48 979
-
-
withholding
1 009
13 714
-
-
total
1 009
13 714
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 750
26 735
28 214
26 375
After tax
34 250
35 265
33 786
35 625
Living cost
31 655
31 655
31 655
31 655
Free-cash
2 595
3 610
2 131
3 970

Estimated living cost  is ₽31655 per week

₽23684
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1867
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽529
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5575
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Lisbon model

Close
Paris , France
-₽17496
-₽20948
-₽11677
-₽11224
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
2 976
pensions
-
-
-
17 734
other
-
-
-
1 923
health
-
-
-
536
surtax
-
-
-
-
social contributions
-
-
-
1 766
total
-
-
-
24 935
Employee
63 207
-
47 246
-
social contributions
1 800
-
1 346
-
surtax
-
-
-
-
income
5 515
-
3 039
-
pensions
7 149
-
5 343
-
total
14 464
-
9 728
-
Employer
63 207
-
47 246
-
other
2 181
-
1 630
-
social contributions
190
-
142
-
unemployment
2 561
-
1 913
-
pensions
10 386
-
7 762
-
health
4 424
-
3 307
-
total
19 742
-
14 754
-
Corporate
-
62 000
-
-
surtax
-
-
-
-
income
-
17 361
-
-
total
-
17 361
-
-
Dividends
-
44 639
-
-
surtax
-
-
-
-
social contributions
-
7 678
-
-
withholding
-
5 715
-
-
total
-
13 393
-
-
Income
62 000
62 000
62 000
62 000
Total tax
34 206
30 754
24 482
24 935
After tax
27 794
31 246
37 518
37 065
Living cost
48 742
48 742
48 742
48 742
Free-cash
-20 948
-17 496
-11 224
-11 677

Estimated living cost  is ₽48742 per week

₽32988
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3987
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽668
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽11098
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Paris model

Close
Andorra , Andorra
₽25465
₽22073
₽17904
₽19645
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
121
social contributions
-
-
-
13 639
total
-
-
-
13 760
Employee
32 444
-
53 679
-
income
-
-
211
-
social contributions
2 109
-
3 489
-
total
2 109
-
3 700
-
Employer
32 444
-
53 679
-
social contributions
5 029
-
8 319
-
total
5 029
-
8 319
-
Corporate
24 527
62 000
-
-
income
2 453
6 199
-
-
total
2 453
6 199
-
-
Dividends
22 074
55 801
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
9 591
6 199
12 019
13 760
After tax
52 409
55 801
49 981
48 240
Living cost
30 336
30 336
30 336
30 336
Free-cash
22 073
25 465
19 645
17 904

Estimated living cost  is ₽30336 per week

₽19615
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2287
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽571
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7863
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Andorra has a limit of 1000 sole-trade resident permits per year, so while it isn't complicated to obtain one, it may get difficult by the end of the term.

Source of data for Andorra model

Close
Copenhagen , Denmark
-₽157973
-₽157973
-₽8637
-₽157973
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
10 267
pensions
-
-
-
875
national
-
-
-
5 982
labour market
-
-
-
4 890
total
-
-
-
22 014
Employee
205 227
205 227
205 227
-
labour market
16 395
16 395
16 395
-
national
25 072
25 072
25 072
-
municipal
43 702
43 702
43 702
-
pensions
292
292
292
-
total
85 461
85 461
85 461
-
Employer
205 227
205 227
205 227
-
labour market
16 418
16 418
16 418
-
municipal
43 772
43 772
43 772
-
pensions
583
583
583
-
national
25 116
25 116
25 116
-
total
85 889
85 889
85 889
-
Corporate
-
-
-
-
income
-
-
-
-
total
-
-
-
-
Dividends
-
-
-
-
withholding
-
-
-
-
total
-
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
171 350
171 350
171 350
22 014
After tax
-109 350
-109 350
-109 350
39 986
Living cost
48 623
48 623
48 623
48 623
Free-cash
-157 973
-157 973
-157 973
-8 637

Estimated living cost  is ₽48623 per week

₽33278
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4301
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽748
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽10296
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Copenhagen model

Close
Krakow , Poland
-₽16724
₽1687
₽21051
₽10711
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
253
income
-
-
-
12 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
19 203
Employee
34 209
-
51 504
-
health
3 917
-
5 897
-
income
4 693
-
7 350
-
pensions
3 852
-
5 799
-
total
12 462
-
19 046
-
Employer
34 209
-
51 504
-
accident
571
-
860
-
unemployment
838
-
1 262
-
pensions
5 562
-
8 375
-
total
6 971
-
10 497
-
Corporate
20 820
62 000
-
-
income

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

18 738
55 800
-
-
total
18 738
55 800
-
-
Dividends
2 082
6 200
-
-
withholding
396
1 178
-
-
total
396
1 178
-
-
Income
62 000
62 000
62 000
62 000
Total tax
38 567
56 978
29 543
19 203
After tax
23 433
5 022
32 457
42 797
Living cost
21 746
21 746
21 746
21 746
Free-cash
1 687
-16 724
10 711
21 051

Estimated living cost  is ₽21746 per week

₽15829
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1240
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽408
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4269
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Poland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should use a business incubator or set up a company and hire themselves as an employee.

Source of data for Krakow model

Close
Helsinki , Finland
₽3951
-₽1114
₽8765
-₽641
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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

-
-
-
62 000
municipal
-
-
-
11 064
health
-
-
-
534
national
-
-
-
2 892
total
-
-
-
14 490
Employee
53 095
-
52 158
-
health
396
-
381
-
municipal
8 697
-
8 545
-
pensions
3 583
-
3 520
-
unemployment
797
-
783
-
national
877
-
825
-
total
14 350
-
14 054
-
Employer
53 095
-
52 158
-
accident
54
-
52
-
unemployment
345
-
339
-
pensions
9 212
-
9 049
-
health
408
-
402
-
total
10 019
-
9 842
-
Corporate
-
62 000
-
-
income
-
12 400
-
-
total
-
12 400
-
-
Dividends

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

-
37 200
-
-
national
-
209
-
-
municipal
-
6 695
-
-
total
-
6 904
-
-
Income
62 000
62 000
62 000
62 000
Total tax
24 369
19 304
23 896
14 490
After tax
37 631
42 696
38 104
47 510
Living cost
38 745
38 745
38 745
38 745
Free-cash
-1 114
3 951
-641
8 765

Estimated living cost  is ₽38745 per week

₽25308
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3727
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽617
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9095
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Finland permits registration as a sole-trader only for EU nationals or long-term EU resident permit holders. Other nationals should set up a company and hire themselves as an employee.

Source of data for Helsinki model

Close
Larnaca , Cyprus
₽15813
₽16752
₽24701
₽19472
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
2 681
health
-
-
-
1 582
social contributions
-
-
-
9 671
total
-
-
-
13 934
Employee
77 601
77 601
77 601
-
social contributions
2 934
6 441
4 671
-
health
601
1 320
958
-
income
8 449
7 184
7 821
-
total
11 984
14 945
13 450
-
Employer
77 601
77 601
77 601
-
social contributions
2 934
6 441
4 671
-
health
653
1 436
1 042
-
total
3 587
7 877
5 713
-
Corporate
23 063
-
-
-
income
2 882
-
-
-
total
2 882
-
-
-
Dividends
20 181
-
-
-
withholding
3 430
-
-
-
total
3 430
-
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 883
22 822
19 163
13 934
After tax
40 117
39 178
42 837
48 066
Living cost
23 365
23 365
23 365
23 365
Free-cash
16 752
15 813
19 472
24 701

Estimated living cost  is ₽23365 per week

₽14003
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2292
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽517
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6554
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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
₽35319
₽30183
₽30524
₽22353
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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
-
-
-
62 000
income
-
-
-
5 353
pensions
-
-
-
6 419
unemployment
-
-
-
29
health
-
-
-
3 652
total
-
-
-
15 453
Employee

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

23 164
-
56 211
-
health
1 969
-
4 778
-
income
1 584
-
4 342
-
pensions
3 474
-
8 432
-
unemployment
115
-
282
-
total
7 142
-
17 834
-
Employer

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

23 164
-
56 211
-
unemployment
115
-
282
-
pensions
1 274
-
3 091
-
health
996
-
2 417
-
total
2 385
-
5 790
-
Corporate
36 451
62 000
-
-
income
3 281
5 581
-
-
total
3 281
5 581
-
-
Dividends
33 171
56 419
-
-
withholding
2 986
5 077
-
-
total
2 986
5 077
-
-
Income
62 000
62 000
62 000
62 000
Total tax
15 794
10 658
23 624
15 453
After tax
46 206
51 342
38 376
46 547
Living cost
16 023
16 023
16 023
16 023
Free-cash
30 183
35 319
22 353
30 524

Estimated living cost  is ₽16023 per week

₽10223
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1155
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽477
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4167
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Podgorica model

Close
Valencia , Spain
₽14111
₽8807
₽6142
₽6583
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
557
income
-
-
-
9 508
pensions
-
-
-
17 546
other
-
-
-
61
unemployment
-
-
-
435
total
-
-
-
28 107
Employee
37 315
-
47 012
-
other
36
-
48
-
income
7 194
-
9 695
-
pensions
1 754
-
2 210
-
unemployment
578
-
728
-
total
9 562
-
12 681
-
Employer
37 315
-
47 012
-
accident
739
-
931
-
other
299
-
375
-
unemployment
2 053
-
2 585
-
pensions
8 806
-
11 094
-
total
11 897
-
14 985
-
Corporate
12 788
62 000
-
-
income

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

1 919
9 300
-
-
total
1 919
9 300
-
-
Dividends
10 869
52 700
-
-
withholding
2 064
10 838
-
-
total
2 064
10 838
-
-
Income
62 000
62 000
62 000
62 000
Total tax
25 442
20 138
27 666
28 107
After tax
36 558
41 862
34 334
33 893
Living cost
27 751
27 751
27 751
27 751
Free-cash
8 807
14 111
6 583
6 142

Estimated living cost  is ₽27751 per week

₽18732
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2668
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽486
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5866
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Valencia model

Close
Istanbul , Turkey
₽35932
₽35478
₽35926
₽35728
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
19 851
pensions
-
-
-
2 010
health
-
-
-
1 457
total
-
-
-
23 318
Employee
4 198
-
59 738
-
health
210
-
503
-
income
812
-
19 745
-
pensions
378
-
905
-
unemployment
42
-
101
-
total
1 442
-
21 254
-
Employer
4 198
-
59 738
-
unemployment
84
-
201
-
pensions
462
-
1 106
-
health
399
-
955
-
total
945
-
2 262
-
Corporate
56 858
62 000
-
-
income
12 509
13 640
-
-
total
12 509
13 640
-
-
Dividends
44 349
48 360
-
-
withholding
8 870
9 672
-
-
total
8 870
9 672
-
-
Income
62 000
62 000
62 000
62 000
Total tax
23 766
23 312
23 516
23 318
After tax
38 234
38 688
38 484
38 682
Living cost
2 756
2 756
2 756
2 756
Free-cash
35 478
35 932
35 728
35 926

Estimated living cost  is ₽2756 per week

₽1638
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽223
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽63
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽832
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Source of data for Istanbul model

Close
Belgrade , Serbia
₽27342
₽22377
₽13113
₽15783
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
income
-
-
-
7 998
pensions
-
-
-
16 120
unemployment
-
-
-
930
health
-
-
-
6 386
total
-
-
-
31 434
Employee

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

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

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

26 319
-
52 587
-
health
1 355
-
2 708
-
income
3 628
-
8 888
-
pensions
3 685
-
7 362
-
unemployment
197
-
394
-
total
8 865
-
19 352
-
Employer

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

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

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

26 319
-
52 587
-
unemployment
197
-
394
-
pensions
3 158
-
6 310
-
health
1 355
-
2 708
-
total
4 710
-
9 412
-
Corporate
30 970
62 000
-
-
income
4 646
9 300
-
-
total
4 646
9 300
-
-
Dividends
26 325
52 700
-
-
withholding
3 949
7 905
-
-
total
3 949
7 905
-
-
Income
62 000
62 000
62 000
62 000
Total tax
22 170
17 205
28 764
31 434
After tax
39 830
44 795
33 236
30 566
Living cost
17 453
17 453
17 453
17 453
Free-cash
22 377
27 342
15 783
13 113

Estimated living cost  is ₽17453 per week

₽11751
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1350
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽505
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3847
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Belgrade model

Close
Porto , Portugal
₽8058
₽7694
₽8418
₽6579
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
income
-
-
-
4 830
surtax
-
-
-
-
social contributions

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

-
-
-
21 545
total
-
-
-
26 375
Employee
39 169
-
50 101
-
social contributions
4 309
-
5 512
-
surtax
-
-
-
-
income
7 653
-
10 803
-
total
11 962
-
16 315
-
Employer
39 169
-
50 101
-
social contributions
9 302
-
11 899
-
total
9 302
-
11 899
-
Corporate
13 530
62 000
-
-
surtax
-
-
-
-
income
2 842
13 021
-
-
total
2 842
13 021
-
-
Dividends
10 688
48 979
-
-
withholding
2 993
13 714
-
-
total
2 993
13 714
-
-
Income
62 000
62 000
62 000
62 000
Total tax
27 099
26 735
28 214
26 375
After tax
34 901
35 265
33 786
35 625
Living cost
27 207
27 207
27 207
27 207
Free-cash
7 694
8 058
6 579
8 418

Estimated living cost  is ₽27207 per week

₽19270
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1890
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽483
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽5565
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Porto model

Close
Madrid , Spain
₽6395
-₽2279
-₽1574
-₽1133
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
557
income
-
-
-
9 508
pensions
-
-
-
17 546
other
-
-
-
61
unemployment
-
-
-
435
total
-
-
-
28 107
Employee
48 739
-
47 012
-
other
48
-
48
-
income
10 180
-
9 695
-
pensions
2 290
-
2 210
-
unemployment
755
-
728
-
total
13 273
-
12 681
-
Employer
48 739
-
47 012
-
accident
965
-
931
-
other
391
-
375
-
unemployment
2 681
-
2 585
-
pensions
11 502
-
11 094
-
total
15 539
-
14 985
-
Corporate
-
62 000
-
-
income

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

-
9 300
-
-
total
-
9 300
-
-
Dividends
-
52 700
-
-
withholding
-
10 838
-
-
total
-
10 838
-
-
Income
62 000
62 000
62 000
62 000
Total tax
28 812
20 138
27 666
28 107
After tax
33 188
41 862
34 334
33 893
Living cost
35 467
35 467
35 467
35 467
Free-cash
-2 279
6 395
-1 133
-1 574

Estimated living cost  is ₽35467 per week

₽25471
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2758
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽500
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽6739
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Madrid model

Close
Sofia , Bulgaria
₽35639
₽29485
₽25912
₽27093
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 300
pensions

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

-
-
-
5 220
unemployment
-
-
-
141
health
-
-
-
4 056
total
-
-
-
18 717
Employee
23 001
-
55 080
-
health
1 058
-
1 622
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
income
2 300
-
5 508
-
pensions

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

2 019
-
3 097
-
total
5 630
-
10 615
-
Employer
23 001
-
55 080
-
accident

We are using the highest rate at 1.1%.

253
-
388
-
unemployment
138
-
212
-
pensions

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

2 535
-
3 887
-
health
1 587
-
2 434
-
total
4 513
-
6 921
-
Corporate
34 486
62 000
-
-
income
3 449
6 200
-
-
total
3 449
6 200
-
-
Dividends
31 037
55 800
-
-
withholding
1 552
2 790
-
-
total
1 552
2 790
-
-
Income
62 000
62 000
62 000
62 000
Total tax
15 144
8 990
17 536
18 717
After tax
46 856
53 010
44 464
43 283
Living cost
17 371
17 371
17 371
17 371
Free-cash
29 485
35 639
27 093
25 912

Estimated living cost  is ₽17371 per week

₽11489
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽994
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽414
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4474
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sofia model

Close
Berlin , Germany
-₽6863
₽6338
₽6028
₽8192
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
trade
-
-
-
2 164
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.

-
-
-
7 538
health

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

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

-
-
-
6 894
surtax

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

-
-
-
414
total
-
-
-
17 010
Employee

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

50 213
-
62 000
-
health

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

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

6 894
-
6 894
-
surtax

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

228
-
414
-
income

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

4 129
-
7 538
-
total
11 251
-
14 846
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
11 787
62 000
-
-
surtax

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

98
511
-
-
income
1 768
9 300
-
-
trade
1 691
8 898
-
-
chamber of commerce
170
243
-
-
total
3 727
18 952
-
-
Dividends
8 060
43 048
-
-
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.

90
571
-
-
withholding
1 632
10 378
-
-
total
1 722
10 949
-
-
Income
62 000
62 000
62 000
62 000
Total tax
16 700
29 901
14 846
17 010
After tax
45 300
32 099
47 154
44 990
Living cost
38 962
38 962
38 962
38 962
Free-cash
6 338
-6 863
8 192
6 028

Estimated living cost  is ₽38962 per week

₽26877
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4192
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽565
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7327
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

Nationals of Europe, Australia, Canada, Israel, Japan, the Republic of Korea, New Zealand and the USA do not require an entry type D visa (not to confuse with a Schengen visa or a visa-free entry). For other nationals, waiting time is around 6-9 months which includes document preparation and processing.

Source of data for Berlin model

Close
Dublin , Ireland
-₽14086
-₽16941
-₽9422
-₽9422
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
9 240
social contributions
-
-
-
4 695
total
-
-
-
13 935
Employee
78 941
-
62 000
-
income
14 896
-
9 240
-
social contributions
6 558
-
4 695
-
total
21 454
-
13 935
-
Employer
78 941
-
62 000
-
total
-
-
-
-
Corporate
-
62 000
-
-
income
-
7 750
-
-
total
-
7 750
-
-
Dividends
-
54 250
-
-
withholding
-
10 849
-
-
total
-
10 849
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 454
18 599
13 935
13 935
After tax
40 546
43 401
48 065
48 065
Living cost
57 487
57 487
57 487
57 487
Free-cash
-16 941
-14 086
-9 422
-9 422

Estimated living cost  is ₽57487 per week

₽43735
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽4684
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽550
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8518
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Additional information

To obtain permanent residence for non EEA/Swiss nationals, it is required to invest a huge amount - at least €1 million aggregate investment into a new or an existing Irish business, for a minimum of three years.

Source of data for Dublin model

Close
Sliema , Malta
-₽1666
₽4183
-₽10102
₽8293
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
income
-
-
-
28 727
health

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

-
-
-
6 741
total
-
-
-
35 468
Employee
46 295
-
57 358
-
income
5 023
-
7 789
-
social contributions
4 638
-
4 642
-
total
9 661
-
12 431
-
Employer
46 295
-
57 358
-
social contributions
4 638
-
4 642
-
total
4 638
-
4 642
-
Corporate
11 066
62 000
-
-
income
3 872
21 700
-
-
total
3 872
21 700
-
-
Dividends
7 194
40 300
-
-
social contributions
3 012
5 332
-
-
total
3 012
5 332
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 183
27 032
17 073
35 468
After tax
40 817
34 968
44 927
26 532
Living cost
36 634
36 634
36 634
36 634
Free-cash
4 183
-1 666
8 293
-10 102

Estimated living cost  is ₽36634 per week

₽24130
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2888
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽561
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽9053
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Sliema model

Close
Edinburgh , United Kingdom
₽8838
₽3124
₽8874
₽2478
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
income
-
-
-
11 622
pensions
-
-
-
3 889
total
-
-
-
15 511
Employee
51 632
-
55 236
-
health
674
-
747
-
income
9 403
-
10 023
-
pensions
3 941
-
4 373
-
total
14 018
-
15 143
-
Employer
51 632
-
55 236
-
pensions
5 216
-
5 714
-
health
981
-
1 050
-
total
6 197
-
6 764
-
Corporate
4 170
62 000
-
-
income

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

792
11 780
-
-
total
792
11 780
-
-
Dividends
3 379
50 220
-
-
withholding
254
3 767
-
-
total
254
3 767
-
-
Income
62 000
62 000
62 000
62 000
Total tax
21 261
15 547
21 907
15 511
After tax
40 739
46 453
40 093
46 489
Living cost
37 615
37 615
37 615
37 615
Free-cash
3 124
8 838
2 478
8 874

Estimated living cost  is ₽37615 per week

₽25804
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽3459
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽471
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽7879
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details

Additional information

The only visa which will gain you entry to the UK as a freelancer is Tier 1 (with an exception of EU nationals or long-term UK residence permit holders, up until Brexit). There are two Tier 1 visa pathways.

You can either apply for an Entrepreneur visa which requires an investment of at least £200000 and creating two full time jobs, or choose an Exceptional Talent visa, which has no financial requirements but is more difficult to obtain.

Source of data for Edinburgh model

Close
Warsaw , Poland
-₽18878
₽1356
₽18897
₽8557
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
accident
-
-
-
253
income
-
-
-
12 216
pensions
-
-
-
4 174
other
-
-
-
372
health
-
-
-
2 188
total
-
-
-
19 203
Employee
37 595
-
51 504
-
health
4 304
-
5 897
-
income
5 158
-
7 350
-
pensions
4 233
-
5 799
-
total
13 695
-
19 046
-
Employer
37 595
-
51 504
-
accident
628
-
860
-
unemployment
921
-
1 262
-
pensions
6 113
-
8 375
-
total
7 662
-
10 497
-
Corporate
16 744
62 000
-
-
income

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

15 069
55 800
-
-
total
15 069
55 800
-
-
Dividends
1 674
6 200
-
-
withholding
318
1 178
-
-
total
318
1 178
-
-
Income
62 000
62 000
62 000
62 000
Total tax
36 744
56 978
29 543
19 203
After tax
25 256
5 022
32 457
42 797
Living cost
23 900
23 900
23 900
23 900
Free-cash
1 356
-18 878
8 557
18 897

Estimated living cost  is ₽23900 per week

₽17540
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽1393
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽481
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽4486
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽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

Close
Skopje , Macedonia
₽39069
₽34162
₽22848
₽22848
S + D Salary + Dividends

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

Dividends

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

Salary

Salary. A fixed monthly income you pay 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.

-
-
-
62 000
work injury
-
-
-
310
health insurance
-
-
-
4 588
income
-
-
-
8 471
pensions
-
-
-
11 408
unemployment
-
-
-
744
total
-
-
-
25 521
Employee

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

21 810
-
62 000
-
work injury
109
-
310
-
income
2 181
-
8 471
-
pensions
4 013
-
11 408
-
health insurance
1 614
-
4 588
-
unemployment
262
-
744
-
total
8 179
-
25 521
-
Employer
-
-
-
-
total
-
-
-
-
Corporate
40 190
62 000
-
-
income

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

-
-
-
-
total
-
-
-
-
Dividends
40 190
62 000
-
-
withholding
6 028
9 300
-
-
total
6 028
9 300
-
-
Income
62 000
62 000
62 000
62 000
Total tax
14 207
9 300
25 521
25 521
After tax
47 793
52 700
36 479
36 479
Living cost
13 631
13 631
13 631
13 631
Free-cash
34 162
39 069
22 848
22 848

Estimated living cost  is ₽13631 per week

₽8445
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽991
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽425
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽3771
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Skopje model

Close
Rome , Italy
-₽7544
-₽23041
-₽6820
-₽10259
S + D Salary + Dividends

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

Dividends

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

Salary

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

Sole trader

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

Sole trader
-
-
-
62 000
municipal
-
-
-
414
regional
-
-
-
970
national
-
-
-
11 286
social contributions
-
-
-
15 947
total
-
-
-
28 617
Employee
85 040
-
62 000
-
social contributions
28 675
-
20 907
-
regional
1 284
-
834
-
municipal
508
-
370
-
national
14 371
-
9 945
-
total
44 838
-
32 056
-
Employer
85 040
-
62 000
-
total
-
-
-
-
Corporate
-
62 000
-
-
nationa
-
14 880
-
-
municipal
-
2 988
-
-
total
-
17 868
-
-
Dividends
-
44 132
-
-
withholding
-
11 473
-
-
total
-
11 473
-
-
Income
62 000
62 000
62 000
62 000
Total tax
44 838
29 341
32 056
28 617
After tax
17 162
32 659
29 944
33 383
Living cost
40 203
40 203
40 203
40 203
Free-cash
-23 041
-7 544
-10 259
-6 820

Estimated living cost  is ₽40203 per week

₽28240
Rent. One bedroom at downtown or an upmarket area with basic utilities which include internet connection and a mobile phone.
₽2765
Public transport and taxi. Monthly travel card, and a few taxi rides per week.
₽607
Clothing and shoes. We estimate one pair of shoes and trainers, and several items of clothing each year, or slightly more often if you choose cheaper mass market stores. Twice as often for kids.
₽8589
Food and entertainment. We estimate that you will have breakfast at a cafe once a week, evening meal at a restaurant once a week, and visit bars once a week for drinks.Other days you prepare meals at home.
₽0
I'm drinking at home rarely or never.
₽0
I do not smoke or smoke very rarely.
 Adjust living cost Show details Source

Source of data for Rome model

Close
[[ place.name ]], [[ place.country ]]

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close

[[ row[2] ]] [[ row[0] ]]

Estimated living cost

Adjust living cost [[ detailsButtonText ]] Source

Additional information

Source

[[ $tc('message.data_source', {city: place.name}) ]] [[ place.name ]]

Close